260 Richmond Street East

260 Richmond Street East is a three-storey character office and retail building at Richmond and Sherbourne, built in 1908 and acquired in 2005. Following acquisition, the ground floor was fully repositioned and substantial capital invested in building improvements. The building has maintained full occupancy for two decades.

The asset is anchored by a long-tenured office tenant occupying both upper floors, with three complementary tenants at grade. Exposed brick and timber, high ceilings and skylights give the building a character that continues to attract and retain quality occupiers — a product type that remains scarce in the downtown market.

The location places 260 Richmond in the path of Downtown East's intensification. Two Ontario Line stations are under construction within walking distance, and institutional developers have been assembling land throughout the surrounding blocks. The property's CRE Regeneration zoning and Richmond Street frontage position it well for the long term.