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360 King St E 882 SF of Retail Space Available in Toronto, ON M5A 1K9
Highlights
- Surrounded by a strong residential base and diverse retail and service businesses.
- Highly visible location within Toronto’s busy Corktown district on King Street East.
- Convenient access to streetcar routes, the Gardiner Expressway, and Toronto’s downtown core.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 882 SF | Negotiable | $40.14 CAD/SF/YR $3.35 CAD/SF/MO $35,403 CAD/YR $2,950 CAD/MO | Modified Gross |
1st Floor
Turnkey commercial lease opportunity in the heart of Corktown. Large offices, Ideal for professional users including legal, accounting, consulting, medical, beauty or service-based businesses. Functional main-floor office space with additional lower-level area suitable for office, storage, or ancillary use. Includes washer and dryer. Prime high-visibility location with strong pedestrian and vehicular traffic, excellent accessibility, and exposure. Rare opportunity to establish your business in one of Downtown Toronto's most vibrant and growing neighbourhoods.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Professional Services Office
- Located in-line with other retail
- Central Air Conditioning
- Exposed brick walls
- Excellent visibility
- Rare location
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 360 King St E, Toronto, ON M5A 1K9
- Tenant
- Description
- CAN Locations
- Reach
- 360 Healing Centre
- Health Care and Social Assistance
- 1
- -
- 360 Health Care
- Health Care and Social Assistance
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| 360 Healing Centre | Health Care and Social Assistance | 1 | - |
| 360 Health Care | Health Care and Social Assistance | 1 | - |
Property Facts
| Total Space Available | 882 SF | Gross Leasable Area | 6,787 SF |
| Property Type | Retail | Year Built | 1968 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 882 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 6,787 SF |
| Year Built | 1968 |
About the Property
360 King Street E is located in Toronto’s Corktown neighborhood along the King Street East corridor. The property consists of a main-floor commercial unit with additional basement area and is positioned near the intersection of King Street and Parliament Street. The surrounding district includes residential mid-rise developments, independent retail, and service-based businesses. The location offers access to major roadways, including the Gardiner Expressway, and is served by public transit streetcar routes.
- Air Conditioning
Nearby Major Retailers
Presented by
360 King St E
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