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297-299 Queen St E 5,425 SF of Office/Retail Space Available in Toronto, ON M5A 1S7
Highlights
- Excellent accessibility with 100 Walk and Transit Scores and multiple TTC streetcar stops steps away.
- Located in a growing mixed-use district with significant new residential density nearby.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 5,425 SF | Negotiable | $26.00 CAD/SF/YR $2.17 CAD/SF/MO $141,050 CAD/YR $11,754 CAD/MO | Triple Net (NNN) |
2nd Floor
This space is a rare opportunity to lease a full open floor in a distinctive building in the heart of downtown Toronto. The destination Paint Store on the main floor caters to designers and contractors and has for over twenty years, increasing foot traffic for your services.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Open Floor Plan Layout
- Fits 14 - 44 People
- Elevator Access
- Drop Ceilings
- Located in-line with other retail
- High foot traffic
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 297-299 Queen St E, Toronto, ON M5A 1S7
- Tenant
- Description
- CAN Locations
- Reach
- Benjamin Moore
- Paint/Wallpaper
- 162
- International
| Tenant | Description | CAN Locations | Reach |
| Benjamin Moore | Paint/Wallpaper | 162 | International |
Property Facts
| Total Space Available | 5,425 SF | Gross Leasable Area | 8,641 SF |
| Property Type | Retail | Year Built | 1948 |
| Property Subtype | Storefront | Parking Ratio | 0.23/1,000 SF |
| Total Space Available | 5,425 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 8,641 SF |
| Year Built | 1948 |
| Parking Ratio | 0.23/1,000 SF |
About the Property
Situated in Toronto’s vibrant Moss Park/Regent Park area, this distinctive two-story building offers flexible retail and office opportunities in a thriving downtown corridor. The property features bright, open spaces with soaring ceilings, hardwood floors, and expansive floor-to-ceiling windows that maximize natural light and visibility. An Art Deco staircase and modernized interiors, recently renovated in 2020, add to its functional appeal. The property enjoys exceptional accessibility, with a 100 Transit Score and 100 Walk Score and immediate connectivity to Toronto’s primary surface transit routes. Thousands of new residential units are in proximity, positioning tenant businesses to capture a growing customer base seeking retail, design, or specialized service offerings. Ground-level destination retail has operated here for over two decades, enhancing daily traffic and reinforcing its reputation as a go-to address for design-forward concepts. Its desirable downtown location connects seamlessly to Union Station, Toronto’s GO Transit lines, and numerous TTC stops within a one-minute walk, while top-tier airports like Billy Bishop and Pearson International are under 40 minutes away. Parking capacity includes two dedicated spaces, a rare advantage for such a central location.
- 24 Hour Access
- Signage
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
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RegalPro
297-299 Queen St E
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