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12-14 Cumberland St 2,400 SF of Retail Space Available in Toronto, ON M4W 1J5
Highlights
- Exceptional growth outlook with ongoing neighborhood enhancements and established high-spending market base.
- Surrounded by new residential towers, luxury retail, and top-tier amenities creating dense customer demographics.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,400 SF | Negotiable | $45.00 CAD/SF/YR $3.75 CAD/SF/MO $108,000 CAD/YR $9,000 CAD/MO | TBD |
1st Floor
Restaurant space available in Yorkville on the highly sought-after Cumberland Street, just steps from the Bloor-Yonge TTC station and boasting an exceptional Walk Score. Hospitality opportunities in this area are extremely limited, making this a rare chance for an experienced operator to establish a presence in Toronto’s vibrant downtown core with strong growth potential. The premises include a fully equipped kitchen with venting and hood, and the existing liquor license accommodates 83 indoor seats plus 15 on the patio. The location is further enhanced by new residential condominium developments nearing completion at the doorstep, as well as significant future enhancements to the neighborhood, including the planned expansion of Yorkville Park.
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Freezer Space
- Recessed Lighting
- Highly walkable
- Liquor license
- Can accommodate ~100 patrons
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 12-14 Cumberland St, Toronto, ON M4W 1J5
- Tenant
- Description
- CAN Locations
- Reach
- Acupuncture Center Toronto
- Health Care
- 1
- -
- Carson Woods Archts-Urbn Plnnr
- Professional, Scientific, and Technical Services
- 1
- National
- Dessert Lady Cafe
- Donut Shop
- 1
- -
- Dorota Esthetics
- Services
- 1
- -
- Hair Excel
- Services
- 1
- -
- Kathmandu-yorkville
- Restaurant
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Acupuncture Center Toronto | Health Care | 1 | - |
| Carson Woods Archts-Urbn Plnnr | Professional, Scientific, and Technical Services | 1 | National |
| Dessert Lady Cafe | Donut Shop | 1 | - |
| Dorota Esthetics | Services | 1 | - |
| Hair Excel | Services | 1 | - |
| Kathmandu-yorkville | Restaurant | 1 | - |
Property Facts
| Total Space Available | 2,400 SF | Gross Leasable Area | 7,635 SF |
| Property Type | Retail | Year Built | 1898 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.19/1,000 SF |
| Total Space Available | 2,400 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,635 SF |
| Year Built | 1898 |
| Parking Ratio | 1.19/1,000 SF |
About the Property
The property benefits from a flawless Walk Score and continuous pedestrian traffic in one of Toronto's busiest urban corridors. Recent high-rise condominium developments and planned public realm enhancements, including Yorkville Park expansion, are driving significant footfall and long-term customer base growth. Opportunities for hospitality in this core area are extremely limited, making this an exceptional chance to establish or expand a destination concept.
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12-14 Cumberland St
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