231 Richmond Street E 1

Moss Park, Toronto, M5A 2M6

$1

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Listed 210 days ago · MLS® C12913340

About this home

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.

Details

Type
Commercial Retail
Garage
None
Neighbourhood
Moss Park
Municipality
Toronto C08

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Water and sewer
Sanitary+Storm
Utilities
Yes

Building and exterior

Building area
2,823 Square Feet

More

Possession
February 1, 2027
Cross street
Richmond St. E. & George St.
Business type
Retail Store Related

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

  • 🚇 Queen Subway11 min walk
  • 🚇 King Subway11 min walk
  • 🚆 Toronto Union Station GO19 min walk

Within a 10-minute walk: 19 grocery stores, 272 cafés and restaurants, 23 parks, 22 pharmacies. Nearest grocery: Parsian Fine Foods (250 m). Nearest park: Moss Park (250 m).

Schools nearby

Elementary

  • École élémentaire Gabrielle-Roy French
    EQAO: Gr 6 reading 100%, math 88%
    7 min walk
  • St. Michael Catholic School Catholic
    EQAO: Gr 6 reading 83%, math 36%
    9 min walk
  • Downtown Alternative School9 min walk
  • Market Lane Junior and Senior Public School
    EQAO: Gr 6 reading 94%, math 50%
    9 min walk

Secondary

  • Inglenook Community School
    EQAO: literacy test 50%
    15 min walk
  • Collège français French1.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5A

Owners / renters
35% / 65%
Median household income
$71,000
Average age
40
Children under 15
9%
Homes
0% detached, 78% high-rise
Commute by transit
28%
Population
48,978

Languages spoken most at home besides English: Bengali 1.8%, Mandarin 1.7%, Yue (Cantonese) 1.5%, Spanish 1.3%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Moss Park (2025): 119% above the Toronto average, about the same from the year before.

  • Assault190% above average
  • Break and enter85% above average
  • Auto theft64% below average
  • Robbery112% above average
  • Theft from vehicles30% above average
  • Shootings58% below average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 37 active

  • 134 JARVIS ST · 300 m
    Site Plan · Under Review · applied 2026
    Proposed 11-space surface commercial parking lot.
    Application details
  • 231 RICHMOND ST E · 0 m
    Plan of Condominium · Draft Plan Approved · applied 2026
    Draft Plan of Condominium for 39-storey mixed-use development with four levels of underground parking, and containing 516 residential dwelling units.
    Application details
  • 207 JARVIS ST · 400 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    This application proposes to amend the Official Plan and Zoning By-law to permit a 32-storey mixed-use building, containing 315 dwelling units (including 38…
    Application details
  • 65 ADELAIDE ST E · 450 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2025
    Combined Official Plan & Zoning By-law Amendment for a new 63-storey mixed-use building, containing approximately 370 dwelling units.
    Application details
  • 120 CHURCH ST · 400 m
    Plan of Condominium · Draft Plan Approved · applied 2025
    Standard condominium application to create 592 residential units within a 48-storey mixed-use building. There will be 4 levels of below grade parking.
    Application details
  • 191 SHERBOURNE ST · 450 m
    Site Plan · Under Review · applied 2024
    Site Plan application to permit two tall buildings (39- and 40-storeys), containing 693 new residential dwelling units, 525 square metres of non-residential…
    Application details

51 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 1 km. Transit times · Driving times

Coming transit

  • 🚧 Moss Park 200 m
  • 🚧 Distillery District 600 m
  • 🚧 Queen 700 m

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • Demolition · 2022 · Closed
    Proposed demolition of existing one storey presentation centre in preparation for future condominium development

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

24 City street trees within 100 m, mostly elms. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by COLLIERS.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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