1318 King St W is a 2-bathroom business in Toronto, listed for $99,000.
1This intimate 860 Sq Ft space offers seating for 40 guests inside plus another 20 on the patio and is perfectly suited for a busy neighbourhood bar or hospitality concept.
2The premises feature 200-amp power, a commercial freezer, and an established patio that adds substantial seating during the warmer months.
3A rare opportunity to secure a turnkey licensed bar with a patio in the heart of Toronto's King West area.
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2 Bath Commercial Property in Toronto
About 1318 King Street West
Pharmacy Bar is a fantastic licensed bar and restaurant opportunity in Toronto's highly sought-after King Street West area, one of the city's premier dining, nightlife, and entertainment destinations. This intimate 860 Sq Ft space offers seating for 40 guests inside plus another 20 on the patio and is perfectly suited for a busy neighbourhood bar or hospitality concept. The premises feature 200-amp power, a commercial freezer, and an established patio that adds substantial seating during the warmer months. The compact and efficient footprint is ideal for a cocktail bar, wine bar, lounge, restaurant, or other licensed concept looking to establish itself in this exciting Toronto market. Excellent leaserate of just $5,505 with 1 + 5 + 5 years available, providing attractive overhead and excellent long-term potential. A rare opportunity to secure a turnkey licensed bar with a patio in the heart of Toronto's King West area. Please do not go direct or speak to staff or ownership.
Toronto business priced at $99,000 — book a tour to see if it fits your search.
Inside 1318 King St W
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
1318 King St W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14009146$99,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1318 King St W Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4900.1%On average, homes sold at or above asking.
Active listings12,468Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 9,685 sales from Jul 15 – Oct 13, 2026 (6,629 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1318 King St W is listed at $99,000 (MLS® W14009146). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1318 King St W changed?
No — 1318 King St W is still listed at its original asking price of $99,000.
How many bedrooms and bathrooms does 1318 King St W have?
1318 King St W has 2 bathrooms. It is a commercial property in Toronto.
Is 1318 King St W close to transit?
The nearest rapid-transit station is Exhibition GO Station (Lakeshore West GO), about 1.1 km (about a 13-minute walk) in a straight line. Dufferin Station is about 2.5 km, and Lansdowne Station is about 2.5 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 1318 King St W compare with other homes in Toronto?
Its asking price of $99,000 is about 88% below the median sold price in Toronto over the last 90 days, $848,000, across 9,685 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1318 King St W been sold before?
Summitly has no earlier MLS® sale or lease of 1318 King St W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1318 King St W?
1318 King St W is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1318 King St W been on the market?
1318 King St W was listed today (October 13, 2026).
What is the land transfer tax on 1318 King St W?
About $1,430 at the asking price of $99,000: $715 Ontario land transfer tax plus $715 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 1318 King St W or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 1318 King St W?
The listing for 1318 King St W doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 1318 King St W built?
The listing for 1318 King St W doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.