Sold for:Sold Aug 5, 2026
$1,575,000

488 King Street E

Toronto (Moss Park), ON M5A 1L8

Freehold Townhouse SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 488 King Street E, Toronto, Moss Park

2026-04-16
2026-08-05
Sold
Price
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MLS#
c13007464
2026-01-22
2026-03-24
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 488 King Street E, Toronto, Moss Park

Summarized Description

  • Spacious freehold Brownstone with 2600+ sq ft.
  • High ceilings and sunlit rooms throughout.
  • Luxurious 6-piece ensuite with soaker tub.
  • Self-contained basement with separate entrance.
  • Private balcony with treed canopy view.
  • Detached garage for ample storage.
  • No condo fees or rules to follow.
  • Prime location near Distillery District and markets.

Welcome home to your sanctuary in the heart of historic Corktown. This freehold (no condo fees or rules) Brownstone beauty built in 2003 is perfectly suited to downsizers, upsizers and investors! With 2600+ square feet of living space across four levels and high ceilings on every floor, the home is spacious and comfortable. Sunlight spills in from the wall of windows in every room. The living/dining room provides an inviting entertaining space from which you can wander into the eat-in kitchen with its granite countertops, tailored cabinetry, and stainless steel appliances. Here, you can enjoy your morning coffee while looking out to your serene urban backyard. Step out to the deck and patio, ideal for alfresco dining and barbecuing. Upstairs, spanning the entire third floor, the primary suite is pure retreat with a cozy fireplace and walkout to a private balcony with a treed canopy view. A huge walk-in closet can handle your all-seasons wardrobe with aplomb. The 6-piece ensuite bath is pure indulgence with a soaker tub big enough for two; a separate shower stall with a rainfall faucet; dual vanities with granite counters; toilet and bidet. The two bedrooms on the second floor are fitted with double closets and are just as spacious and sunlit. A second floor laundry provides convenience. Hardwood floors throughout with laminate flooring in the basement. The basement offers versatility to suit your needs. It is completely self-contained with its own front entrance on King Street, and a separate kitchen and laundry. Use the space to generate rental income, as a nanny/in-law suite or a work-from-home office. Rare for downtown Toronto, the property features a detached garage with a soaring ceiling for all your storage needs. Location-wise, you couldn't ask for better: a King Street address with easy access to the Distillery District, Canary District, St. Lawrence Market, Corktown Common, upcoming Ontario Line, the DVP & Gardiner.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$7,767
Land Transfer Tax Fee
$55,950

Rental Items

Rental Equipment
Hot water tank rental

Basement Type
Apartment, Separate Entrance

Interior Features

Laundry Level
Upper Level
Interior Extras
Carpet Free, In-Law Suite, Sump Pump
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, Rec./Commun.Centre

Building

Building Type
Freehold Townhouse
Building Style
3-Storey
Approx Age
16-30

Construction

Exterior Finish
Brick
Roof
Flat
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
14.76 ft
Lot Depth
97.93 ft
Lot Size
14.76 x 97.93 Feet (Fully Fenced)
Lot Size Code
14.76 x 97.93 Feet (Fully Fenced)

Inclusions

Inclusions
See Schedule C

Exclusions

Exclusions
See Schedule C

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
0
Total Garage And Parking Spaces
1

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
3 + 1
Washrooms
4
Kitchens
2

Room sizes

  • Dining Room2.87 x 2.59
    Main level, Open Concept, Pot Lights, Hardwood Floor
  • Living Room4.60 x 4.22
    Main level, Open Concept, Pot Lights, Hardwood Floor
  • Kitchen4.22 x 3.94
    Main level, Stainless Steel Appl, Granite Counters, W/O To Deck
  • Bedroom 25.03 x 4.22
    Second level, Double Closet, Hardwood Floor, Large Window
  • Bedroom 34.22 x 3.91
    Second level, Double Closet, Hardwood Floor, Large Window
  • Primary Bedroom5.74 x 4.22
    Third level, Walk-In Closet(s), W/O To Balcony, 6 Pc Ensuite
  • Bedroom 43.86 x 2.87
    Lower level, Above Grade Window, Double Closet, Laminate
  • Kitchen4.57 x 2.11
    Lower level, Stainless Steel Appl, Open Concept, Laminate
  • Living Room5.44 x 2.39
    Lower level, Open Concept, Laminate, Walk-Out
  • Powder Room2.16 x 79.00
    Main level, 2 Pc Bath, Granite Counters, Hardwood Floor
  • Bathroom2.36 x 1.50
    Second level, 4 Pc Bath, Ceramic Floor, Granite Counters
  • Bathroom4.22 x 3.40
    Third level, 6 Pc Bath, Bidet, Granite Counters

Washrooms

  • 2-piece, Main
  • 4-piece, Second
  • 6-piece, Third
  • 3-piece, Lower

Area
Toronto C08
Municipality
Toronto
Neighbourhood
Moss Park
Main cross streets
King St E & Sumach
Directions
King St. East between Sumach St. and River St. The location is just one block south of Queen St. E. near the merging point of King and Queen Streets.

MLS® number
C13007464
Data source
Toronto Regional Real Estate Board
Status change
2026-08-05
Listed on
2026-04-16
Days on market
111 days
Possession type
Immediate
Co-op commission
2.5
Seller
Listed by
RIGHT AT HOME REALTY

Home Market Value

Current home valuation for 488 King Street E, Toronto, Moss Park, Toronto, ON. Listed for $1,575,000

HOMEH Estimate

?

$1,545,000

Estimated Sales Range

?

$1,220,550 - $1,869,450

HOMEH Estimate for 488 King Street E, Toronto, Moss Park

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,545,000Medium confidence
Based on 7 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Minimum down payment

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=Total mortgage
$1,260,000$1,181,250$1,102,500$1,023,750
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=Mortgage payment
$6,152monthly$5,767monthly$5,383monthly$4,998monthly
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Land Transfer Tax

Provincial

$27,975

Municipal (Toronto)

$27,975

Total Land Transfer Tax

$55,950

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