1200 King Street, Toronto W01, ON
Description
Property Highlights
Welcome to this remarkable [] commercial retail located in the coveted neighborhood of South Parkdale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $5,600,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 33.75 x 89 ft lot size
- Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
- equipped with ["yes"] central cooling and highly efficient gas forced air closed heating
CBRE's Retail Investment Group is pleased to offer 1200 King Street West, a highly visible single-tenant retail asset prominently positioned at the north-west corner of King Street West and Dufferin Street, bordering the highly sought-after neighbourhoods of Liberty Village and South Parkdale. The 2,354 sq. ft. building is fully occupied by Wendy's under a long-term lease with renewal options. The care-free lease structure provides secure and predictable cash flow from an exceptional covenant, supported by contractual rent escalations in 2028 and 2033.The surrounding area is experiencing continued intensification, with two new condominium developments directly across King Street West and Dufferin Street, further enhancing foot traffic and strengthening an already established retail node. 1200 King Street West represents a rare opportunity to acquire a landmark corner asset with an exceptionally strong covenant in one of Toronto's most dynamic and rapidly evolving neighbourhoods.
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