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For saleMLS® C12786376

340 Richmond Street W, Toronto, ON M5V 1X2

Waterfront Communities · C01 · M5V 1X2

$5,950,000

$598 / sq ft

8 months on market

Total area
9,958 sf
Lot
23.5 × 99.8 ft

What's special

  • Yes

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About this property

340 Richmond St W is a unique office and investment opportunity. With almost 10,000 sq ft of usable office space, the property is nestled in the heart of Toronto's Entertainment District, and 3 subway stations including Osgood, St Andrew, and Union Station are a short walk from the property. It has high-quality improvements including a mix of private offices, open area and meeting rooms.

Property details

Property

Property type
office
Interior size
9,958 sq ft
Lot size
23.5 × 99.8 ft
Zoning
CRE*74
Possession
Immediate

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Sewer
Sanitary+Storm

Costs

List price
$5,950,000
Property taxes
$9 / year (2026)
Price per sq ft
$598

Listing

MLS® number
C12786376
Status
For sale
Listed
February 13, 2026
Days on market
265
Last updated
August 11, 2026
Listing brokerage
COLLIERS

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 89% of comparable office listings in Waterfront Communities are asking less.

$684KMedian $2.02M$5.87M
This home
$598 / sq ft
Comparable median
$787 / sq ft

Based on 18 comparable active office listings in Waterfront Communities. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $1,190,000
$1,190,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$26,318.86
Property tax (est.)
$0.73
Estimated monthly
$26,320

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$135,225
Toronto municipal
$193,725
Total due on closing
$328,950

An estimate on the asking price of $5,950,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of COLLIERS. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$5,950,000

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Comparable sales nearby

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