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5 1221 King Street W
South Parkdale Toronto M6K 1G3

$1 /Net Lease
Commercial

Main Photo: 5 1221 King Street W in Toronto: South Parkdale Commercial for lease (Toronto W01) : MLS®# W12344104
Status:
For Lease
Prop. Type:
Commercial
MLS® Num:
W12344104
Bus Major:
Retail Store Related
XO Condos is the first of a two-phase, mixed-use development at the King & Dufferin, adding ~700 residential units to the King & Dufferin intersection by the end of 2025. Retail co-tenancies at the building include: doctor's office, physiotherapist, pharmacy, Tim Hortons, Firehouse Subs & Pet Valu. Underground commercial parking available onsite. TTC King Streetcar stop directly outside of unit. Direct access to loading bay and retail garbage room shared between the retail tenants. Conveniently located between four iconic Toronto neighbourhoods including Parkdale, Liberty Village, Queen West & King West. Unit 5 is the only remaining retail unit available - must be leased to one user. Landlord open to a variety of retail uses. Strong pedestrian and vehicular traffic area that is experiencing rapid residential growth. 15+ FT clear height ceilings in Unit 5.
Minimum Rental Term:
60
Maximum Rental Term:
120
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
2051 sq. ft. Square Feet
Total Area:
2,051 sq. ft.
Retail Area:
2051 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
CR 2.5 (c0.5; r2.0) SS2 (x130)
Heating type:
Gas Forced Air Open
Clear Height:
15'
Garage:
Underground
Possession Details:
Immediate
Type Taxes:
TMI
Taxes:
$22 / 2025
Assessment:
$- / -
Toronto
Toronto W01
South Parkdale
Major Highway, Public Transit
Partial
Utilities:
Available
Energy Certification:
No
Green Property Information Statement:
No
Air Conditioning:
Partial
Seller Property Info Statement:
No
Major Business Type:
Retail Store Related
Category:
Retail
Outside Storage:
No
Date Listed:
Aug 14, 2025
Original Price:
$1
  • Photo 1: 5 1221 King Street W in Toronto: South Parkdale Commercial for lease (Toronto W01) : MLS®# W12344104
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Listed by JONES LANG LASALLE REAL ESTATE SERVICES, INC.
Data was last updated February 4, 2026 at 03:15 AM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.