2 - 231 Richmond Street
Toronto C08, ON
522 sqft • Commercial Retail • 150 days on market
Prime opportunity to acquire the freehold commercial component of Celeste, a landmark mixed-use development at Richmond St. E. & George St. Retail to benefit from high foot traffic areas and 40-storey tower atop commercial podium. Retail configurations up to 3,345 SF (2,823 SF & 522 SF). An exceptional opportunity for investors or occupiers to secure high-visibility retail space within a newly completed mixed-use development in one of downtown Toronto's fastest-growing neighbourhoods, offering long-term value and strong exposure in a highly connected urban location. Steps to St. Lawrence Market, major employment hubs, transit, and post-secondary institutions, the property is also set to benefit from the future Ontario Line, including the planned Moss Park Station just minutes away. This new rapid transit connection will significantly enhance accessibility and further strengthen the area's long-term growth and investment appeal. This offering presents an exceptional opportunity to secure commercial space in one of Toronto's most vibrant and rapidly evolving downtown neighbourhoods.
Listing Details
- Listed
- March 24, 2026
Price History
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Richmond St. E. & George St.
- Zoning
- CRE*41)
- Parcel Number
- 210940265
- Possession
- 90+ days
Commercial
- Business Type
- Retail Store Related
- Occupancy
- Vacant
Community
Postal area M5A
- Population
- 48,978
- Private dwellings
- 30,508
- Median age
- 36.4
- Average household size
- 1.8
- Median household income
- $71,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto C08 · last 12 months
- Median sold price
- $596,375
- Homes sold
- 1,640
- Median days on market
- 28
- Sale-to-list price
- 97.4%
Based on 1,640 recorded sales of commercial properties in Toronto C08 over the last 12 months.
Listed by
COLLIERS