$5,265,000
282 Richmond Street E, Toronto C08, ON M5A 1P4
Beds
Baths
Parking
This is a rare opportunity to acquire a distinctive brick and beam building in the heart of downtown Toronto. With versatile occupancy options, this 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 cafes. The property boasts exceptional pedestrian pedestrian and vehicular exposure, paired with direct TTC access for seamless commuting.

Property Summary

Property Type Commercial
Property Sub Type Office
Transaction Type For Sale
Possession Immediate

Building

Building Type Office
Square Footage 9048
Building Area Units Square Feet
Heating Gas Forced Air Open
Cooling Yes

Measurements

Lot Size 34 x 98
Lot Size Units Feet
Frontage 34
Depth 98
Total Living Area 9048

Land

Address 282 Richmond Street E, Toronto C08, ON M5A 1P4
City Toronto C08
Community Moss Park
County / Area Toronto
Cross Street Richmond St E and Sherbourne St
Sewer Sanitary+Storm
Parcel Number 210940138

Parking and Garage

Garage Type None

Taxes and Listing Info

List Price $5,265,000
Annual Taxes $69,187
Tax Year 2025
Status Active
Listing Date 2026-01-22T15:03:04Z
Updated 2026-05-26T15:47:01Z
MLS Number C12720294
Local Market Insight

What Buyers Should Know About 282 Richmond Street E, Toronto C08, ON M5A 1P4

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

282 Richmond Street E, Toronto C08, ON M5A 1P4 is positioned in Moss Park, a part of Toronto C08 where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Office, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Office should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Richmond St E and Sherbourne St, public transit options, parking availability, and drive times to employment areas. A property with available parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $5,265,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows available bedrooms, available bathrooms, basement details marked as to be confirmed, and a lot size of 34 x 98, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Toronto C08, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Moss Park. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 282 Richmond Street E, Toronto C08, ON M5A 1P4, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.