525 King ST E Active

Toronto C08,ON M5A 3J7

$ 3200000

- Bed

- Bath

4735 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 4,735 sqft

Price per Sqft $675

Subdivision Moss Park

MLS Listing ID C11934406

Annual Tax Amount $45,048

Tax Year 2024

Property Description

525 King St E is a single tenant freestanding commercial building located on the east end of the Downtown core, in the vibrant Corktown neighbourhood. The Property has a gross leasable area of approximately 4,735 SF (including built-out and useable lower level) and is fully leased to VetStrategy (o/a Bay Cat & Dog Hospital), a veterinary clinic serving the community since 1997. VetStrategy is the largest operator of veterinary clinics in Canada with over 350 locations across 9 Provinces. The Property also benefits from an additional source of income through rooftop signage. With no adjacent buildings obstructing the asset, it benefits from unique visibility with unobstructed views of the entire building. It also has several dedicated parking stalls in the rear with multiple streetcar and bus stops near the site. The Property has two points of ingress/egress and can be accessed from King St E and Sumach St.

Location

Province ON

County Toronto

Community Moss Park

Area Toronto

Zoning CR - Commercial Residential Zone

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 99.08

Lot Depth 112.83

Others

Security Features Yes

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