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340 Richmond St W 10,000 SF Office Building Toronto, ON M5V 1X2 $4,671,218 USD ($467.12 USD/SF)
EXECUTIVE SUMMARY
340 Richmond Street West is a unique 3-storey heritage office building emblematic of the area’s historical transition from an industrial hub to a modern mixed-use community. Nestled in the heart of Toronto’s Entertainment District, it is within close walking distance to three subway stations, including Osgoode, St. Andrew, and Union Station.
340 Richmond is situated in an amenity-rich area that is home to trendy cafes, upscale restaurants, and multiple entertainment venues such as the Queen West District, Scotiabank Theatre, TIFF LightBox, and Royal Alexandra Theatre.
This property offers a unique opportunity to acquire 9,958 SF over three floors in a thriving entertainment and business district of Downtown Toronto.
Operating costs of $9.90 PSF (2023) - includes property tax, repairs, maintenance, utilities, insurance & cleaning
340 Richmond is situated in an amenity-rich area that is home to trendy cafes, upscale restaurants, and multiple entertainment venues such as the Queen West District, Scotiabank Theatre, TIFF LightBox, and Royal Alexandra Theatre.
This property offers a unique opportunity to acquire 9,958 SF over three floors in a thriving entertainment and business district of Downtown Toronto.
Operating costs of $9.90 PSF (2023) - includes property tax, repairs, maintenance, utilities, insurance & cleaning
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
10,000 SF
Building Class
C
Year Built
1915
Price
$4,671,218 USD
Price Per SF
$467.12 USD
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
2,538 SF
Slab To Slab
12’
Building FAR
3.94
Lot Size
0.06 AC
Zoning
CRE - Commercial
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Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (98)
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340 Richmond St W
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