340 Richmond St W - Office FOR SALE


$6,500,000 CAD
416-643-3744
340 Richmond St W, Toronto, ON for Sale
$6,500,000 CAD
Office - FOR SALE
1/2
null | Request Cap Rate


OVERVIEW

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

FOR SALE DETAILS

PRICE

$6,500,000 CAD

PRICE/SF

$650 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,538 SF

ZONING

CRE

APN/PARCEL ID

190406255004300

ASK ABOUT THIS PROPERTY

Tobin DavisColliersMore Info
416-643-3744

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Tobin DavisColliersMore Info
416-643-3744

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