540 - 542 Richmond Street, Toronto C01, ON M5V 1Y4
$3,675,000
540 - 542 Richmond Street, Toronto C01, ON M5V 1Y4, Toronto C01, ON
4000.0 sqft
4,000 square foot, single tenant office building located steps from the Richmond Street West and Portland Street intersection in Downtown Toronto. The property includes security gated parking in the rear with capacity for up to 8 cars. Currently owner-occupied, the building will be vacant upon closing allowing for turnkey occupancy or potential low to medium density development. Possibility to demise into two units and has the ability to accommodate live-work with CRE zoning.
Property Highlights
For Sale
MLS NO.
C12681310
Type
Commercial
Sub Type
Office
Square Footage
4000.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Office
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
C12681310
Security Features
No
Lot Width
43.0
Garage Type
Outside/Surface
Cooling
Yes
Heat Type
Gas Forced Air Open
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
540 - 542 Richmond Street, Toronto C01, ON M5V 1Y4
City
Toronto C01
Neighbourhood
Waterfront Communities C1
County / Region
Toronto
Province / State
ON
Postal Code
M5V 1Y4
Cross Street
Richmond Street West & Portland Street
Directions
Fronting on Richmond Street West, southwest of Queen Street West and Augusta Avenue Intersection
Country
CA
List Price
$3,675,000
Annual Taxes
$40,859
Tax Year
2025
Possession Type
Immediate
Listing Office
JONES LANG LASALLE REAL ESTATE SERVICES, INC.
Board
Toronto Regional Real Estate Board
Original Entry
2026-01-09T18:07:32Z
Media Updated
2026-01-09T18:07:32Z
Photos Updated
2026-01-09T18:07:32Z
Last Modified
2026-01-09T18:07:32Z
System Modified
2026-01-09T18:07:33.079266Z
MLS Status
New
Co List Office Name
JONES LANG LASALLE REAL ESTATE SERVICES, INC.
Ddfyn
Yes
Expiration Date
2026-06-08
Heat Type Multi
Gas Forced Air Open
Hstapplication
In Addition To
Occupant Type
Owner
Originating System Id
A00001796
Public Remarks
4,000 square foot, single tenant office building located steps from the Richmond Street West and Portland Street intersection in Downtown Toronto. The property includes security gated parking in the rear with capacity for up to 8 cars. Currently owner-occupied, the building will be vacant upon closing allowing for turnkey occupancy or potential low to medium density development. Possibility to demise into two units and has the ability to accommodate live-work with CRE zoning.
Showing Requirements
See Brokerage Remarks, List Brokerage, List Salesperson