263 King St E is a business in Toronto, listed for $75,000.
1Client RemarksLocation!
2Approximately 700 sq. ft., this street-level space offers strong visibility, large storefront windows, and continuous exposure to high volumes of pedestrian and vehicle traffic.
3The location is surrounded by a dense mix of office buildings, residential towers, hotels, and a nearby post-secondary institution, creating reliable customer demand throughout the day and evening.
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Toronto
About 263 King Street East
Client RemarksLocation! Location! Location! Profitable food service business for sale in a prime Downtown Toronto corridor at King Street East & Shelbourne Street. Approximately 700 sq. ft., this street-level space offers strong visibility, large storefront windows, and continuous exposure to high volumes of pedestrian and vehicle traffic. The location is surrounded by a dense mix of office buildings, residential towers, hotels, and a nearby post-secondary institution, creating reliable customer demand throughout the day and evening. This makes the business well suited for both investors and hands-on owner-operators seeking stable cash flow. The operation is fully equipped with a 6-foot commercial hood, fryer, flat-top, and grill, allowing for immediate operation with minimal additional investment. Favorable lease terms are in place, and the seller is open to providing training for a smooth transition. Generate income from the existing menu setup or rebrand and introduce your own concept. The layout and zoning also support extended hours, offering upside potential through late-night service and increased foot traffic. An excellent opportunity for buyers looking to acquire a turnkey, revenue-generating business in a high-demand downtown location.
Toronto business priced at $75,000 — book a tour to see if it fits your search.
Inside 263 King St E
Every detail from the listing, in one place.
Type
Business
Lot size
0.00 x 0.00 Feet
Features & systems
Lot & land
Lot dimensions
0.00 x 0.00 Feet
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
263 King St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13206450$75,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 263 King St E 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 market32Homes sold in about 32 days on average.
Sale-to-list ratio5192.3%On average, homes sold at or above asking.
Active listings11,910Homes for sale here right now.
Median vs prior 90 days+0.5%Compared with May 11 – Aug 9, 2026: prices up.
Based on 9,129 sales from Aug 9 – Nov 7, 2026 (7,132 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
263 King St E is listed at $75,000 (MLS® C13206450). Summitly updates the price as soon as the MLS® record changes.
Has the price of 263 King St E changed?
No — 263 King St E is still listed at its original asking price of $75,000.
How many bedrooms and bathrooms does 263 King St E have?
The listing for 263 King St E doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 263 King St E close to transit?
The nearest rapid-transit station is King Station (Line 1), about 860 m (about a 11-minute walk) in a straight line. Queen Station is about 970 m (about a 12-minute walk), and TMU Station is about 1.2 km (about a 15-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 263 King St E compare with other homes in Toronto?
Its asking price of $75,000 is about 91% below the median sold price in Toronto over the last 90 days, $844,000, across 9,129 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 263 King St E been sold before?
Summitly has no earlier MLS® sale or lease of 263 King St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 263 King St E?
263 King St E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 263 King St E been on the market?
165 days — 263 King St E was listed on May 26, 2026.
What is the lot size of 263 King St E?
The lot measures 0.00 × 0.00 Feet, as published in the listing.
What is the land transfer tax on 263 King St E?
About $950 at the asking price of $75,000: $475 Ontario land transfer tax plus $475 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 263 King St E 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 263 King St E?
The listing for 263 King St E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
