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 and vehicular exposure, paired with direct TTC access for seamless commuting. (39727807)
Sherbourne St & Richmond St E
Age Of Building
51 to 99 years
Annual Property Taxes
$67,839 (CAD)
Time on REALTOR.ca
75 days
Get a taste for the neighbourhood where this listing is located.
The following neighbourhood demographic information is provided by a third-party supplier based on census data from Statistics Canada.
No demographic information is available for this specific location.
Demographics data is temporarily unavailable
This calculator is for demonstration purposes only. The Canadian Real Estate Association does not guarantee that all calculations are accurate. Always consult a professional financial advisor before making personal financial decisions.