320 Richmond St E #3 is a business in Toronto, listed for $1.
1Immerse yourself in the dynamic core of Downtown Toronto by joining the Subway franchise-an internationally recognized leader and the world's largest sandwich brand.
2Subway's stellar reputation stretches coast to coast, serving Canadians fresh sandwiches, wraps, and salads that perfectly balance convenience and affordability.
3Entrepreneurs are captivated by Subway's business model, which stands out for its global reach, low operating costs, and efficient, scalable approach.
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Toronto
Unit 3 at 320 Richmond Street East
Immerse yourself in the dynamic core of Downtown Toronto by joining the Subway franchise-an internationally recognized leader and the world's largest sandwich brand. Set against the backdrop of towering high-rises and a lively commercial district, this neighbourhood is alive with constant movement, as both residents and visitors fill the streets each day. The area's momentum is unmistakable, with a steady stream of established and forthcoming developments continuing to propel growth and open doors for new opportunities. The vibrant surroundings offer plenty of reasons to visit, from the historic St. Lawrence Market and the celebrated Hockey Hall of Fame, to the renowned Roy Thomson Hall, Rogers Centre, and the iconic CN Tower. With Union Station just a short distance away, accessibility is second to none. Subway's stellar reputation stretches coast to coast, serving Canadians fresh sandwiches, wraps, and salads that perfectly balance convenience and affordability. Entrepreneurs are captivated by Subway's business model, which stands out for its global reach, low operating costs, and efficient, scalable approach. The operations are refreshingly straightforward-requiring no fryers and minimal staffing-making management hassle-free and efficient. Keenly responsive to evolving consumer preferences, Subway's commitment to innovation extends beyond the menu to encompass modernized store layouts and enhanced guest experiences. At the heart of the brand is an unwavering dedication to freshness, with premium ingredients and proteins sourced from trusted suppliers. Each meal is thoughtfully connected to the local community, making every bite both satisfying and meaningful. Seize this exceptional opportunity to become part of a thriving network. Prospective buyer's can also explore a range of store options, offering both flexibility and the potential to expand across multiple locations.
Toronto business priced at $1 — book a tour to see if it fits your search.
Inside 320 Richmond St E #3
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
320 Richmond St E #3 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C12985390$1
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 320 Richmond St E #3 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 320 Richmond St E #3. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5192.3%On average, homes sold at or above asking.
Active listings12,478Homes for sale here right now.
Median vs prior 90 days+0.5%Compared with May 11 – Aug 9, 2026: prices up.
Based on 9,129 sales from Aug 9 – Nov 7, 2026 (7,132 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
6 for sale · 4 for rent at 320 Richmond St E — plus its sale and lease history.
320 Richmond St E #3 is listed at $1 (MLS® C12985390). Summitly updates the price as soon as the MLS® record changes.
Has the price of 320 Richmond St E #3 changed?
No — 320 Richmond St E #3 is still listed at its original asking price of $1.
How many bedrooms and bathrooms does 320 Richmond St E #3 have?
The listing for 320 Richmond St E #3 doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 320 Richmond St E #3 close to transit?
The nearest rapid-transit station is Queen Station (Line 1), about 860 m (about a 11-minute walk) in a straight line. King Station is about 880 m (about a 11-minute walk), and TMU Station is about 1.0 km (about a 13-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 320 Richmond St E #3 compare with other homes in Toronto?
Its asking price of $1 is about 100% below the median sold price in Toronto over the last 90 days, $844,000, across 9,129 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 320 Richmond St E #3 been sold before?
Summitly has no earlier MLS® sale or lease of 320 Richmond St E #3 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 320 Richmond St E #3?
320 Richmond St E #3 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 320 Richmond St E #3 been on the market?
211 days — 320 Richmond St E #3 was listed on April 10, 2026.
What is the land transfer tax on 320 Richmond St E #3?
About $0 at the asking price of $1: $0 Ontario land transfer tax plus $0 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 320 Richmond St E #3 or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 320 Richmond St E #3?
The listing for 320 Richmond St E #3 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 320 Richmond St E #3 built?
The listing for 320 Richmond St E #3 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
