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1661 Avenue Rd 2,404 - 23,078 SF of Retail Space Available in Toronto, ON M5M 3Y2
Highlights
- Freestanding retail building located in midtown Toronto’s Bedford Park area.
- Multi-level layout with ground floor retail space and large basement storage.
- Close to Lawrence Station, major arterial roads, and Highway 401 for regional access.
- Features an expansive surface parking lot to accommodate customers and staff.
- Exceptional visibility along Avenue Road with substantial vehicle traffic counts.
- Located near established retailers, financial institutions, and high-income residential density.
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level | 2,404 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| Basement | 10,131 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor | 10,543 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
Lower Level
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Car Dealership
- Space is an outparcel at this property
- Can be combined with additional space(s) for up to 23,078 SF of adjacent space
Basement
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Car Dealership
- Space is an outparcel at this property
- Can be combined with additional space(s) for up to 23,078 SF of adjacent space
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Car Dealership
- Space is an outparcel at this property
- Can be combined with additional space(s) for up to 23,078 SF of adjacent space
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.
Property Facts
| Total Space Available | 23,078 SF | Gross Leasable Area | 23,078 SF |
| Property Type | Retail | Year Built | 1976 |
| Property Subtype | Auto Dealership | Parking Ratio | 5.2/1,000 SF |
| Total Space Available | 23,078 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 23,078 SF |
| Year Built | 1976 |
| Parking Ratio | 5.2/1,000 SF |
About the Property
This rare freestanding retail building offers a prominent location along Avenue Road within Toronto’s Bedford Park neighborhood, an affluent and highly trafficked corridor in midtown Toronto. The property spans three levels, providing over 23,000 sq. ft. of usable area, including a spacious ground floor showroom, lower ground area, and significant basement storage or ancillary space. The site benefits from excellent vehicle access and an abundance of dedicated surface parking, ideal for retail operators requiring convenient customer parking. Nearby intersections connect directly to Lawrence Avenue West and Highway 401, ensuring strong regional connectivity throughout the Greater Toronto Area. High visibility from Avenue Road offers impactful signage opportunities to attract consistent local and commuter traffic. The surrounding trade area features a robust retail and service mix with major banks, casual dining, and specialty shops including RBC, CIBC, BMO, A&W, The Bagel House, and North of Brooklyn Pizzeria. Proximity to Brookdale Park, Lawrence subway station, and dense residential neighborhoods positions this asset to capture steady consumer demand in a growing market.
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
1661 Avenue Rd
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