365 King Street W, Toronto, ON M5V 1K1, Toronto C01, ON
14000.0 sqft
Ideally positioned in the heart of Toronto's vibrant King West Entertainment District. Offered for the first time, this rare multi-level commercial opportunity presents approximately 14,000 square feet of space across seven levels, delivering exceptional flexibility for investors, end-users, and developers alike. Property Breakdown(AS PER LANDLORD): Basement: Currently leased to a successful cannabis retail operation, providing immediate income Main Floor: Commercial zoning; previously operated as a restaurant with strong street presence*2nd Floor: Zoned residential and is About 2400 square feet gross floor area.*3rd Floor: Zoned office Space and is About 2400 square feet gross floor area*4th Floor: Zoned residential and is About 2400 square feet gross floor area.*5th Floor: Zoned office Space and is About 2400 square feet gross floor area.*6th Floor: Zoned office Space and is About 2550 square feet gross floor area.*7th Floor: Under construction Elevator extension from main floor (as is)(Zoned commercial with a variety of potential uses (buyer to verify permitted uses)The building features an existing elevator shaft servicing from the main floor up to the fourth floor, offering added convenience and future upgrade potential. Investment & Development Highlights: Positioned in one of Toronto's most sought-after commercial corridors, this property benefits from outstanding visibility, high pedestrian traffic, and premium signage exposure along King Street West. The versatile layout supports a wide range of uses including hospitality, retail, office, studio, or mixed-use concepts. Significant redevelopment and value-add potential exists (buyer to complete their own due diligence), making this an ideal acquisition for those looking to capitalize on the continued growth and demand in the King West area. An exceptional opportunity tosecure a landmark property in a premier downtown location.Building is being Sold in "As Is, Where Is" Condition - VIRTUALLY ENHANCED PHOTOS
Property Highlights
For Sale
MLS NO.
C13142498
Type
Commercial
Sub Type
Investment
Square Footage
14000.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
C13142498
Security Features
Yes
Lot Width
20.2
Garage Type
None
Cooling
Yes
Heat Type
Gas Forced Air Closed
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
365 King Street W, Toronto, ON M5V 1K1
City
Toronto C01
Neighbourhood
Waterfront Communities C1
County / Region
Toronto
Province / State
ON
Postal Code
M5V 1K1
Cross Street
KING STREET WEST & BLUE JAYS WAY
Directions
GARDINER TO SPADINA, NORTH TO KING STREET WEST, EAST TO 365 KING STREET WEST AT BLUEJAYS WAY
Country
CA
List Price
$19,900,000
Annual Taxes
$76,993
Tax Year
2025
Legal Description
PART LOT 3, PLAN D263 TORONTO, PART 5 PLAN 66R32219 SUBJECT TO AN EASEMENT OVER PART 5 PLAN 66R32219 IN FAVOUR OF PART LOTS 1, 2 & 3 PLAN D263, PARTS 1, 2, 3 & 4 PLAN 66R32219 AS IN AT5992849 CITY OF TORONTO
Possession Type
Flexible
Possession Details
Flexible
Listing Office
UNITED REALTY GROUP LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2026-05-19T13:55:53Z
Media Updated
2026-05-21T01:30:59Z
Photos Updated
2026-05-19T20:43:34Z
Last Modified
2026-05-21T01:30:59Z
System Modified
2026-05-21T01:30:59.452026Z
MLS Status
New
Basement Yn
Yes
Co List Office Name
UNITED REALTY GROUP LTD.
Ddfyn
Yes
Expiration Date
2026-08-31
Heat Type Multi
Gas Forced Air Closed
Hstapplication
Included In
Occupant Type
Owner+Tenant
Originating System Id
A00001796
Parcel Number
214130062
Public Remarks
Ideally positioned in the heart of Toronto's vibrant King West Entertainment District. Offered for the first time, this rare multi-level commercial opportunity presents approximately 14,000 square feet of space across seven levels, delivering exceptional flexibility for investors, end-users, and developers alike. Property Breakdown(AS PER LANDLORD): Basement: Currently leased to a successful cannabis retail operation, providing immediate income Main Floor: Commercial zoning; previously operated as a restaurant with strong street presence*2nd Floor: Zoned residential and is About 2400 square feet gross floor area.*3rd Floor: Zoned office Space and is About 2400 square feet gross floor area*4th Floor: Zoned residential and is About 2400 square feet gross floor area.*5th Floor: Zoned office Space and is About 2400 square feet gross floor area.*6th Floor: Zoned office Space and is About 2550 square feet gross floor area.*7th Floor: Under construction Elevator extension from main floor (as is)(Zoned commercial with a variety of potential uses (buyer to verify permitted uses)The building features an existing elevator shaft servicing from the main floor up to the fourth floor, offering added convenience and future upgrade potential. Investment & Development Highlights: Positioned in one of Toronto's most sought-after commercial corridors, this property benefits from outstanding visibility, high pedestrian traffic, and premium signage exposure along King Street West. The versatile layout supports a wide range of uses including hospitality, retail, office, studio, or mixed-use concepts. Significant redevelopment and value-add potential exists (buyer to complete their own due diligence), making this an ideal acquisition for those looking to capitalize on the continued growth and demand in the King West area. An exceptional opportunity tosecure a landmark property in a premier downtown location.Building is being Sold in "As Is, Where Is" Condition - VIRTUALLY ENHANCED PHOTOS
