
488 King Street E
Toronto (Moss Park), ON M5A 1L8
- 3+1Bedrooms
- 4Bathrooms
- 1Garage
- 1500–2000Sq Ft
- $7,767Tax
- 15×98 ftLot Size
- Estimated Value:$1,545,000See Free Estimate Report

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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 2.59Main level, Open Concept, Pot Lights, Hardwood Floor
- Living Room4.60 x 4.22Main level, Open Concept, Pot Lights, Hardwood Floor
- Kitchen4.22 x 3.94Main level, Stainless Steel Appl, Granite Counters, W/O To Deck
- Bedroom 25.03 x 4.22Second level, Double Closet, Hardwood Floor, Large Window
- Bedroom 34.22 x 3.91Second level, Double Closet, Hardwood Floor, Large Window
- Primary Bedroom5.74 x 4.22Third level, Walk-In Closet(s), W/O To Balcony, 6 Pc Ensuite
- Bedroom 43.86 x 2.87Lower level, Above Grade Window, Double Closet, Laminate
- Kitchen4.57 x 2.11Lower level, Stainless Steel Appl, Open Concept, Laminate
- Living Room5.44 x 2.39Lower level, Open Concept, Laminate, Walk-Out
- Powder Room2.16 x 79.00Main level, 2 Pc Bath, Granite Counters, Hardwood Floor
- Bathroom2.36 x 1.50Second level, 4 Pc Bath, Ceramic Floor, Granite Counters
- Bathroom4.22 x 3.40Third 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.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$315,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,260,000 | $1,181,250 | $1,102,500 | $1,023,750 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,152monthly | $5,767monthly | $5,383monthly | $4,998monthly |
Land Transfer Tax
$27,975
$27,975
$55,950
Around this home
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