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1311 KING STREET W, Toronto (South Parkdale) — listed at $1,849,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Opportunity to Renovate, Invest, or end users of Residential/legal non-conforming Commercial space in one of Toronto's most desirable west-end neighbourhoods of Parkdale community, just steps to Roncesvalles Village and the Lake. This unique property features a main floor storefront and a spacious 3-level apartment with 5 bedrooms, 1.5 bathrooms, and an eat-in kitchen with a second staircase to second floor. Two Hydro Meters and 2 Hot Water Tanks. Separate basement entrance from 2 laneway parking spots. Situated close, parks, shops, restaurants, St. Joseph Hospital, schools, Lake Ontario, places of worship, Lake Shore Blvd West, Gardiner Expy, and public transit (TTC). (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Other | Main level | 7.79 x 4.36 meters |
| Living room | Main level | 4.98 x 3.81 meters |
| Kitchen | Main level | 5.21 x 3.48 meters |
| Primary Bedroom | Second level | 4.98 x 4.56 meters |
| Bedroom 2 | Second level | 3.7 x 2.92 meters |
| Bedroom 3 | Second level | 3.5 x 3.58 meters |
| Bedroom 4 | Third level | 5.04 x 3.97 meters |
| Bedroom 5 | Third level | 4.99 x 3.53 meters |
Does it have a basement, and is it finished?+
The listing describes the basement as: Full, Separate entrance, Walk out, N/A, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
Is 1311 KING STREET W a good fit for a growing family?+
With 5 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office. The 3-storey layout keeps living and sleeping areas separated.
What's the parking situation?+
This property includes 2 spaces — No Garage.
How is the home heated? Is it efficient?+
Heating is natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Could this work as an investment property?+
The basement description mentions: Full, Separate entrance, Walk out, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (South Parkdale) before counting on it.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $12,062.57, heating is natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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