282 Richmond St E - Office FOR SALE


Toronto, ON M5A 1P4- Moss Park/Regent Park
$5,995,000 CAD
416-492-2000
282 Richmond St E, Toronto, ON for Sale
$5,995,000 CAD
Office - FOR SALE
1/3
null | Request Cap Rate

282 Richmond St E
Toronto, ON M5A 1P4
Moss Park/Regent Park


OVERVIEW

This is a rare opportunity to acquire a distinctive brick-and-beam office building in the heart of downtown Toronto. With versatile occupancy options, the property is perfect for an owner-occupier or end user seeking to fully or partially occupy the space while benefiting from additional rental income from current tenants. For investors, it presents the chance to stabilize the asset and enjoy cash flow from rental income, with potential redevelopment upside in the future. Situated just an 18-minute walk from Union Station, the building is nestled in historic Old Town Toronto, surrounded by the King Streetcar, St. Lawrence Market, and a vibrant mix of local eateries and cafés. The property boasts exceptional pedestrian and vehicular exposure, paired with direct TTC access for seamless commuting. This location's connectivity is set to flourish further with the addition of Moss Park Station on the highly anticipated Ontario Line. Once complete, this transit expansion will link the area to Toronto’s subway network, serving approximately 7,300 commuters during peak hours and alleviating congestion on major surface routes like the 75 Sherbourne bus and 501 Queen streetcar.

FOR SALE DETAILS

PRICE

$5,995,000 CAD

PRICE/SF

$663 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1908

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

-

APN/PARCEL ID

190406451001900

ASK ABOUT THIS PROPERTY

Chris LuxtonColliersMore Info
416-492-2000

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Chris LuxtonColliersMore Info
416-492-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.