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3223 Yonge St 843 SF of Retail Space Available in Toronto, ON M4N 2L3
Highlights
- Prominent frontage along the Yonge Street commercial corridor.
- Excellent access to public transit and major Toronto transportation routes.
- Surrounded by restaurants, shops, and neighborhood services.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 843 SF | Negotiable | $27.00 CAD/SF/YR $2.25 CAD/SF/MO $22,761 CAD/YR $1,897 CAD/MO | Triple Net (NNN) |
2nd Floor
Second floor commercial space available in the heart of Lawrence Park North, steps to Lawrence subway station. Approximately 843 SF, ideal for professional office, medical, wellness or specialty service use. Net rent $27.00/SF plus estimated TMI of $15.56/SF. One parking space available at rear for $120/month. Landlord will consider up to 2 months net free rent for the right tenant. Located on the vibrant Yonge Street strip in one of Toronto's most established and affluent midtown neighbourhoods.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Private Restrooms
- Hardwood Floors
- Reception area.
- Natural light.
- Hardwood flooring.
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 | 843 SF | Gross Leasable Area | 1,616 SF |
| Property Type | Retail | Year Built | 1979 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 843 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 1,616 SF |
| Year Built | 1979 |
About the Property
3223 Yonge Street is a two-storey mixed-use commercial property located on Yonge Street in Toronto's Lawrence Park North neighborhood. The property was built in 1979 and is configured as a retail and office/residential-style commercial asset. The building is fully leased and contains two tenant occupancies. The site is situated near the intersection of Yonge Street and Bowood Avenue and is within walking distance of Lawrence Subway Station. The surrounding area includes a mix of commercial businesses, restaurants, neighborhood services, and established residential development. The property benefits from direct frontage on Yonge Street and access to public transit and regional transportation networks.
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3223 Yonge St
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