RetailOn market 270 daysPrice drop · $505,000 off (-7.8%)
381 Richmond Rd, Carlingwood - Westboro and Area
Carlingwood - Westboro and Area, ON · · MLS® X12787580Updated
$5,995,000
Type Retail
What you should know
381 Richmond Rd is a retail in Carlingwood - Westboro and Area, listed for $5,995,000.
1Up to 17 or 18 outdoor parking spaces are also available at the rear. 1,500 SF is leased at 379 Richmond Road to Quelque Chose who specialize in Macarons.
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Commercial Property in Carlingwood - Westboro and Area
About 381 Richmond Road
Located in the heart of the Westboro neighbourhood, 381 Richmond Road offers a versatile, high-exposure commercial space ideal for a wide range of uses including retail, restaurant, entertainment, fitness or dance studio, daycare, medical, or service-based businesses. The premises feature two functional levels, with the upper level currently built out with offices that can potentially be removed to create a fully open-concept layout (which could include removing the dropped ceiling), allowing tenants maximum flexibility to design the space to suit their needs. Up to 17 or 18 outdoor parking spaces are also available at the rear. 1,500 SF is leased at 379 Richmond Road to Quelque Chose who specialize in Macarons.
Carlingwood - Westboro and Area retail priced at $5,995,000 — book a tour to see if it fits your search.
Inside 381 Richmond Rd
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
15123
Listing & possession
Property class
Commercial Retail
381 Richmond Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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.
Similar homes for sale nearby in Carlingwood - Westboro and Area
Other homes for sale in Carlingwood - Westboro and Area around $6.0M.
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio99.0%On average, homes sold below asking.
Active listings61Homes for sale here right now.
Median vs prior 90 days+13.3%Compared with May 14 – Aug 12, 2026: prices up.
Based on 64 sales from Aug 12 – Nov 10, 2026 (54 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
381 Richmond Rd is listed at $5,995,000 (MLS® X12787580). Summitly updates the price as soon as the MLS® record changes.
Has the price of 381 Richmond Rd changed?
Yes — it was first listed at $6,500,000 and is now $5,995,000, a drop of $505,000 (7.8%).
How many bedrooms and bathrooms does 381 Richmond Rd have?
The listing for 381 Richmond Rd doesn't publish its bedroom and bathroom count. It is a commercial property in Carlingwood - Westboro and Area.
Is 381 Richmond Rd close to transit?
The nearest rapid-transit station is Tunney's Pasture Station (O-Train Line 1), about 2.1 km in a straight line. Bayview Station is about 3.3 km, and Corso Italia Station is about 3.5 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 381 Richmond Rd compare with other homes in Carlingwood - Westboro and Area?
Its asking price of $5,995,000 is about 412% above the median sold price in Carlingwood - Westboro and Area over the last 90 days, $1,171,750, across 64 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 381 Richmond Rd been sold before?
Summitly has no earlier MLS® sale or lease of 381 Richmond Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 381 Richmond Rd?
381 Richmond Rd is in Carlingwood - Westboro and Area, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 381 Richmond Rd been on the market?
270 days — 381 Richmond Rd was listed on February 13, 2026.
What is the land transfer tax on 381 Richmond Rd?
About $136,350 in Ontario land transfer tax at the asking price of $5,995,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 381 Richmond Rd 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 381 Richmond Rd?
The listing for 381 Richmond Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Carlingwood - Westboro and Area.
When was 381 Richmond Rd built?
The listing for 381 Richmond Rd doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.