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Gourmet City 3101 Kennedy Rd 1,026 SF of Retail Space Available in Toronto, ON M1V 4Y1
HIGHLIGHTS
- Located at Kennedy Rd & McNicoll Ave
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B3 | 1,026 SF | 1-10 Years | $38.00 CAD/SF/YR $3.17 CAD/SF/MO $38,988 CAD/YR $3,249 CAD/MO | Triple Net (NNN) |
1st Floor, Ste B3
Gourmet City Commercial Condos is a premier commercial development located in Scarboroughs thriving business district, strategically positioned at the southeast quadrant of Kennedy Rd and McNicoll Ave. This high-exposure location offers direct access from Kennedy Rd and Milliken Blvd, ensuring maximum visibility and convenient accessibility. Developed by H & H Group, this modern commercial space features high-quality finishes and a brand-new unit with a mezzanine in raw condition, allowing for full customization. With 20-foot high ceilings, this versatile unit supports a range of permitted uses, including takeout restaurants, bakeries, cafeterias, and more, catering to Scarboroughs diverse cultural and business landscape. Located just minutes from Highway 404 and 407, this property offers a prime investment opportunity for business owners looking to establish or expand their presence in a high-traffic, high-growth area. Don't miss out on this exceptional commercial space!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- 1,026 sqft retail space with mezzanine
- Zoned for takeout, retail, office, and more
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 | 1,026 SF | Year Built | 2025 |
| Property Type | Retail | Parking Ratio | 10.84/1,000 SF |
| Gross Leasable Area | 13,488 SF |
| Total Space Available | 1,026 SF |
| Property Type | Retail |
| Gross Leasable Area | 13,488 SF |
| Year Built | 2025 |
| Parking Ratio | 10.84/1,000 SF |
ABOUT THE PROPERTY
Located in Scarborough’s thriving business district, this property offers excellent visibility and accessibility at the intersection of Kennedy Rd and McNicoll Ave. With nearby public transit, recreational amenities, and proximity to Highways 404 and 407, it provides a prime location for businesses seeking high traffic and growth opportunities.
- Bus Line
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
PCIG Commercial Realty Inc.
Gourmet City | 3101 Kennedy Rd
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