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282 Richmond St E 9,048 SF 70% Leased Office Building Toronto, ON M5A 1P4 $3,794,267 USD ($419.35 USD/SF)
INVESTMENT HIGHLIGHTS
- Income Generating Brick & Beam building in Downtown Toronto
- Timeless character and prime location make this a unique opportunity!
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,048 SF
Building Class
C
Year Built
1908
Price
$3,794,267 USD
Price Per SF
$419.35 USD
Percent Leased
70%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,016 SF
Slab To Slab
14’
Building FAR
2.60
Lot Size
0.08 AC
Zoning
CR - Commercial residential area - considered a regeneration area
AMENITIES
- Bus Line
- Metro/Subway
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
2nd Floor walkup. Classic brick and beam with offices, meeting rooms, kitchen and open space.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 200 | 2,754 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 200
| Size |
| 2,754 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 200
| Size | 2,754 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
2nd Floor walkup. Classic brick and beam with offices, meeting rooms, kitchen and open space.
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (98)
1 of 15
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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282 Richmond St E
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