323-327 KING Street E

Key facts

• Property type: Other
• Structure: Residential Commercial Mix
• Transaction: For Sale
• Price: class="container" id="details-container",699,000
• Interior size: 10,242 sqft
• Listing key: 29744993

Listing overview

Fantastic mixed-use redevelopment opportunity along a future LRT corridor! Previously approved plans for an 8-unit residential conversion with main floor commercial space have expired, but all plans, studies, and supporting materials can be included to help fast-track the project back to life. Proposed layout includes 5 two-bedroom and 3 one-bedroom residential units above a versatile commercial ground floor. Savvy investors may also explore subdividing the main floor into smaller commercial units to maximize per-square-foot lease revenue and create a dynamic mixed-use asset. For developers seeking a project with substantial groundwork already completed, this property offers a rare chance to step into a near shovel-ready opportunity with significant upside potential. Generous D2 zoning permits a broad range of uses including office, retail, hospitality, institutional, entertainment, and...