MLS® listing
106-108 King Street: multiplex for sale
$1,888,888
From the listing brokerage
Excellent Investment Opportunity in a highly desirable and convenient location! This attractive corner-lot property features two commercial units and one residential unit, providing a diversified income stream from both commercial and residential tenants. The property is currently fully occupied, with established tenants in place. The first commercial unit is occupied by an appliance store, while the second commercial unit is home to a yoga studio. The residential unit is also occupied by a residential tenant, providing an additional source of rental income. The property offers excellent exposure and accessibility, with convenient access to Highways 401 and 404, as well as the Weston GO Station, parks, public transit, shopping, restaurants, and other amenities. The corner-lot configuration provides additional flexibility and potential appeal for investors and future owners. The combination of commercial and residential income, established tenancy, strategic location, and potential for future growth or expansion makes this an attractive opportunity for investors seeking a property with multiple income sources and long-term potential. A rare opportunity to acquire a versatile income-producing property in a well-connected location with strong potential for future value appreciation.
Facts on the listing
| Square feet | 5000 + |
|---|---|
| Style | 2-Storey |
| Basement | Unfinished |
| Lot width | 50 |
| Lot depth | 120 |
| Lot measured in | Feet |
| Faces | North |
| Parking spaces | 10 |
| Garage | None |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Property tax | $12,000 |
| Tax year | 2026 |
| Parking | Available |
| Interior features | None |
Listing courtesy of ROYAL TEAM REALTY INC.. MLS® W13705150.
About this multiplex
106-108 King Street is a 3 bedroom multiplex in TRREB's Weston community in Toronto, listed for sale at $1,888,888. The listing shows 3 bathrooms and 5000 + square feet. The style is given as 2-storey. The lot is listed as 50 by 120 feet. The listing gives the basement as unfinished. It comes with 10 parking spaces according to the listing. The nearest main intersection given is King Street & Elm Street.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 106-108 King Street
At the asking price of $1,888,888, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $1,888,888 |
|---|---|
| Ontario land transfer tax | $34,253 |
| Toronto municipal land transfer tax | $34,253 |
| Both taxes | $68,506 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $377,778 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2026) | $12,000 a year, about $1,000 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 50 by 120 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 106-108 King Street
How much is land transfer tax on 106-108 King Street?
At the asking price of $1,888,888 the Ontario tax is $34,253 and the Toronto tax is $34,253, $68,506 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 106-108 King Street?
$377,778 at the asking price of $1,888,888, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 106-108 King Street?
The listing shows $12,000 a year for 2026, about $1,000 a month.
How do I book a showing for 106-108 King Street?
Use the form on this page or call us. Quote MLS® W13705150. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 106-108 King Street still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
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