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1960 Lawrence Ave E 736 SF of Retail Space Available in Toronto, ON M1R 2Y9
Highlights
- Multi-tenant retail property at Lawrence & Tower.
- Surface parking with 20 parking spaces.
- Corner site with frontage on two public roads.
- Pylon signage and building signage available.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 15B | 736 SF | Negotiable | $67.66 CAD/SF/YR $5.64 CAD/SF/MO $49,798 CAD/YR $4,150 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 15B
Newly built restaurant unit for lease in Saag Food Plaza on Lawrence Ave E. The plaza consists of 14 units from which 12 are operating as restaurants. The plaza is situated in a highly desirable area walking distance to other well known brands. The unit has a brand new kitchen exhaust system with 12 foot hood, duct work, 5 ton HVAC, kitchen sinks and handicap washroom all constructed with city permits zoned for seating. Ideal for first time operators or second location as the area is prime for restaurant business. Landlord will lease the unit upon reimbursement of construction cost. Unit is ready with new lighting and flooring completed. Tenant to install own cooking appliances such as fryers, grills tables chairs, walk in coolers etc. Visit the plaza to see current businesses operating.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- Kitchen sinks and accessible washroom completed.
- Suitable for first-time or multi-unit operators.
- New 12-foot kitchen hood and exhaust system.
- Walking distance to established national brands.
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 1960 Lawrence Ave E, Toronto, ON M1R 2Y9
- Tenant
- Description
- CAN Locations
- Reach
- A1 Shine
- -
- 1
- -
- Bedawi Law Office
- -
- 1
- -
- Challal Pastries
- Manufacturing
- 1
- -
- Chocolate Macrons
- -
- 1
- -
- Lotus Fine Foods
- -
- 1
- -
- One to One Flowers
- Retailer
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| A1 Shine | - | 1 | - |
| Bedawi Law Office | - | 1 | - |
| Challal Pastries | Manufacturing | 1 | - |
| Chocolate Macrons | - | 1 | - |
| Lotus Fine Foods | - | 1 | - |
| One to One Flowers | Retailer | 1 | - |
Property Facts
| Total Space Available | 736 SF | Total Land Area | 0.71 AC |
| Property Type | Retail | Year Built | 2013 |
| Gross Leasable Area | 8,688 SF | Parking Ratio | 2.3/1,000 SF |
| Total Space Available | 736 SF |
| Property Type | Retail |
| Gross Leasable Area | 8,688 SF |
| Total Land Area | 0.71 AC |
| Year Built | 2013 |
| Parking Ratio | 2.3/1,000 SF |
About the Property
Retail property located at 1960 Lawrence Ave E, Toronto, Ontario, in the Scarborough-East Toronto submarket. The property was built in 2013 and contains 9,873 square feet of gross building area on a 0.71-acre parcel. Improvements include a one-story masonry building with multi-tenant occupancy, pylon signage, building signage, and 20 surface parking spaces. The site has approximately 136 feet of frontage on Lawrence Avenue and 129 feet of frontage on Tower Drive. Zoning permits commercial and mixed-use development with a maximum floor space index of 2.5, subject to applicable density and site standards.
- Pylon Sign
- Signage
Nearby Major Retailers
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Mohamed Allaam Siddiqui - Future Group Realty
Presented by
Future Group Realty
1960 Lawrence Ave E
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