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398 King St E
Toronto, ON M5A 1K9 Moss Park/Regent Park

$3,249 USD/MO

Storefront Retail Residential For Lease  •  715 SF

Property Details

  • Property Type Storefront Retail Residential
  • Year Built 1968
  • Total Building Size 2,046 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning CR
100 Transit Score
100 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 715 SF $54.52 USD/SF/YR
Position your business in the heart of one of Downtown Toronto's most dynamic and rapidly evolving neighbourhoods. Prominently located near the high-traffic intersection of King Street East and Parliament Street in Corktown, 398 King Street East offers exceptional street presence, visibility and accessibility in a thriving mixed-use commercial district.Situated just north of the Distillery District and surrounded by established residential communities, new development, restaurants, retail and neighbourhood amenities, the property benefits from a strong and growing customer base. Continued investment and intensification throughout the King East corridor, together with proximity to future rapid transit infrastructure, further enhances the long-term appeal of this sought-after location.The space is particularly well suited to hair, beauty and wellness-oriented businesses, including hair salons, nail studios, beauty boutiques, skincare concepts and related personal-care uses. An existing medical aesthetics business located within the property provides the opportunity to create a complementary beauty and wellness destination, offering potential cross-traffic and natural synergy between businesses.An excellent opportunity for an operator looking to establish or expand their brand in a highly visible Downtown Toronto location where strong demographics, neighbourhood growth and accessibility come together.

  • Date available: Now
  • Lease term: 1 - 5 Years
  • Service type: Modified Gross
  • Built out as: Standard Retail
  • Space Type: Relet

Description

The surrounding area has experienced significant condominium development and ongoing investment, contributing to a growing local customer and resident base. Future transit improvements, including the Ontario Line's Distillery District Station currently under development nearby, are expected to enhance connectivity throughout the eastern downtown core. The property's location places it at the convergence of several active neighbourhoods, including Corktown, Moss Park, and the Distillery District, providing access to employment centres, retail services, restaurants, entertainment venues, and public transit.

Highlights

Prime King Street East location in Toronto’s historic Corktown neighbourhood
Steps from the Distillery District and minutes from St. Lawrence Market
Excellent street frontage, visibility and exposure along King Street East
Mixed-use commercial property offering multiple ownership and investment strategies
Suitable for investors, entrepreneurs and owner-users
Surrounded by significant residential density, new condominium development, restaurants, retail and neighbourhood amenities

Major Tenants

Tenant SF Occupied Lease End Date
Have a Nice Day Pilates

Public Transportation

Commuter RailDriveWalkDistance
Union Station Rail (Barrie Train - GO Transit, Kitchener Train - GO Transit, Lakeshore East Train - GO Transit, Lakeshore West Train - GO Transit, Milton Train - GO Transit, Niagara Falls Train - GO Transit, Richmond Hill Train - GO Transit, Stouffville Train - GO Transit) 4 min - 1.3 mi
Toronto (Maple Leaf - Via Rail Canada) 4 min - 1.4 mi
Transit/SubwayDriveWalkDistance
King Street East At Sackville Street (KING - TTC, Lake Shore Rd - TTC) 0 min 1 min 0.0 mi
King Street East At Trinity Street (KING - TTC, Lake Shore Rd - TTC) 0 min 0 min 0.0 mi
King Street East At Parliament Street (KING - TTC, Lake Shore Rd - TTC) 0 min 2 min 0.1 mi
Queen Street East At Trefann Street (QUEEN - TTC) 1 min 5 min 0.3 mi
Queen Street East At Sackville Street (QUEEN - TTC) 1 min 6 min 0.3 mi
AirportDriveWalkDistance
Billy Bishop Toronto City 10 min - 3.3 mi
Toronto Pearson International 37 min - 22.2 mi
Nicholas King 416-400-1027 Kaizen Capital Realty Partners
Nicholas King 416-400-1027 Kaizen Capital Realty Partners