433 KING STREET EAST
Toronto · L8N1C5
$699,900
About this residence
Prime Development Opportunity at 433 King Street East. Attention Investors & Developers - Don't miss out on this rare opportunity to re-develop in one of the city's most sought-after locations. This high-visibility property is ideally situated in a high foot-traffic area and zoned TOC1, allowing for up to 6 storeys of mixed-use residential and commercial development. Drawings submitted for a proposed 20-unit building, offering a strong foundation for future development. With city incentives available and increasing demand in the area, this is an excellent chance to secure a long-term growth asset for your portfolio. Take advantage of this high-potential site in a thriving urban corridor. Whether you're an experienced developer or new investor, the numbers and location speak for themselves.Property Highlights: Zoning: TOC1 - Mixed-use, up to 6 storeys. Proposed plans: 20-unit residential building. High foot traffic and excellent exposure. Strong long-term growth potential. City incentives available for redevelopment. Seller open to VTB- 90% LTV. Note: The Property is being sold as-is, where-is. Please do not walk the property. (id:61366)
Property details
- Property type
- Retail
- Style
- Residential Commercial Mix
- Living area
- 3,400 sq ft
- Lot size
- 40 x 128 FT
- Frontage
- 40 feet
- Annual tax
- $5,487
- MLS®
- X12465889
- Board
- Toronto
- Status
- Active
- Listed
- Oct 16, 2025
- Updated
- May 24, 2026
Features & finishes
Heating
- No heat
Financing
Estimated monthly payment
$3,273/mo
Loan amount
$559,920
Down payment
$139,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Toronto
Nearby
About the area
Census · L8N- 15,568
- Population
- 37
- Median age
- $54,800
- Median income
- $600,000
- Median home value
- 25%
- Home ownership
- 31 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 433 KING STREET EAST?
433 KING STREET EAST is listed for $699,900, in Toronto.
What type of home is 433 KING STREET EAST?
433 KING STREET EAST is a Retail, Residential Commercial Mix.
How large is 433 KING STREET EAST?
The home offers approximately 3,400 sq ft of living space on a lot measuring 40 x 128 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,273. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $5,487 per year.
What is the Toronto area like?
Toronto has a population of about 15,568, a median age of 37, a 25% home-ownership rate, with an average commute of about 31 minutes.
What is the average home value in Toronto?
The median dwelling value in this area is approximately $600,000, based on census data via Neighbourly.
What is the median household income in Toronto?
The median household income in this area is approximately $54,800.
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Comparable Residential Commercial Mix near Toronto at a similar price.
Private viewings
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