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5 - 12 Richardson Street

5 - 12 Richardson Street

Toronto C08, ON

  • 1,134 sqft
  • Commercial Retail
  • 117 days on market
$50/moFor Lease

Situated in the heart of Toronto's high-growth Waterfront district, this premium retail unit at 12 Richardson offers a rare, turnkey opportunity for a visionary operator to establish themselves in a world-class waterfront setting. This space arrives as a fully fixtured QSR, eliminating the hurdles of a traditional build-out with its professional-grade kitchen infrastructure and modern, high-traffic layout already in place. The location is strategically positioned at the base of luxury residential towers and is directly adjacent to major traffic drivers like George Brown College's waterfront campus, the Innovation Centre and flagship retailers like Loblaws and LCBO. With Sugar Beach and the bustling lakefront boardwalk just steps away, the unit benefits from a vibrant mix of student life, corporate professionals and affluent local residents. This is an exceptional chance to leverage a "plug-and-play" setup in one of the city's most scenic and rapidly expanding commercial hubs.

Listing Details

Taxes (2026) — owner
$27
Listed
May 11, 2026

Price History

Parking

Garage
Underground

Location & Legal

Cross Street
Queens Quay/Richardson
Zoning
Commercial Retail
Possession
Immediate
Occupancy
Partial

Commercial

Business Type
Hospitality/Food Related
Rental Term
60-120 months

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.

Listed by

THE DANIELS REALTY CORPORATION

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