510 King St E #6 is a business in Toronto, listed for $399,900.
1Prime turnkey investment in Corktown!
2Featuring a clean, modern layout with high-visibility street exposure, this fully turn-key operation is staffed by an experienced, dependable team for an effortless transition.
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Toronto
Unit 6 at 510 King Street East
Prime turnkey investment in Corktown! Rare opportunity to acquire "Ranik Market," a thriving and highly profitable convenience store commandingly positioned at the high-traffic corner of King St E & River St. Positioned at the base of a dense residential corridor surrounded by multiple high-density condo developments, this business commands massive built-in foot traffic and an exceptionally loyal local following. Featuring a clean, modern layout with high-visibility street exposure, this fully turn-key operation is staffed by an experienced, dependable team for an effortless transition. Beyond core convenience, the store boasts diverse, high-margin revenue streams including top-tier cigarette and alcohol sales, balloon and custom gift hampers, on-site key cutting and fob copying, plus hot grab-and-go patties and warm foods. There is an imminent, game-changing upside opportunity set to significantly expand alcohol volume (contact listing agent today to learn more)! Secure, favorable lease terms already in place. Buyer to verify all measurements, zoning, and lease details. Do not miss this gold-mine opportunity in a high-demand downtown location!
Toronto business priced at $399,900 — book a tour to see if it fits your search.Ask Zara a follow-up
Inside 510 King St E #6
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
510 King St E #6 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13881630$399,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 510 King St E #6 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.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 510 King St E #6. Typical times without traffic delays; transit times aren't available yet.
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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 ratio4969.5%On average, homes sold at or above asking.
Active listings12,111Homes for sale here right now.
Median vs prior 90 days+3.7%Compared with Apr 13 – Jul 12, 2026: prices up.
Based on 9,547 sales from Jul 12 – Oct 10, 2026 (6,503 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
3 for sale at 510 King St E — plus its sale and lease history.
510 King St E #6 is listed at $399,900 (MLS® C13881630). Summitly updates the price as soon as the MLS® record changes.
Has the price of 510 King St E #6 changed?
No — 510 King St E #6 is still listed at its original asking price of $399,900.
How many bedrooms and bathrooms does 510 King St E #6 have?
The listing for 510 King St E #6 doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 510 King St E #6 close to transit?
The nearest rapid-transit station is Queen Station (Line 1), about 1.8 km (about a 23-minute walk) in a straight line. King Station is about 1.8 km (about a 23-minute walk), and TMU Station is about 1.9 km (about a 24-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 510 King St E #6 compare with other homes in Toronto?
Its asking price of $399,900 is about 53% below the median sold price in Toronto over the last 90 days, $850,000, across 9,547 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 510 King St E #6 been sold before?
Summitly has no earlier MLS® sale or lease of 510 King St E #6 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 510 King St E #6?
510 King St E #6 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 510 King St E #6 been on the market?
1 day — 510 King St E #6 was listed on October 9, 2026.
What is the land transfer tax on 510 King St E #6?
About $8,947 at the asking price of $399,900: $4,474 Ontario land transfer tax plus $4,474 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 510 King St E #6 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 510 King St E #6?
The listing for 510 King St E #6 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 510 King St E #6 built?
The listing for 510 King St E #6 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.