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The Chelsea Shop 386 Huron St 1,274 - 2,548 SF of Office/Retail Space Available in Toronto, ON M5S 2G5
Highlights
- Heavy daytime foot traffic
- Open plan with enclosed office at the rear
- Prominent streetview suite
- Lots of natural light
- Anchor space
- High ceilings
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,274 SF | Negotiable | $48.50 CAD/SF/YR $4.04 CAD/SF/MO $61,789 CAD/YR $5,149 CAD/MO | Modified Gross | ||
| 1st Floor | 1,274 SF | Negotiable | $48.50 CAD/SF/YR $4.04 CAD/SF/MO $61,789 CAD/YR $5,149 CAD/MO | Modified Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- 1 Private Office
- Space is in Excellent Condition
- Anchor Space
- Central Air Conditioning
- Private Restrooms
- Security System
- Corner Space
- High Ceilings
- Secure Storage
- Natural Light
- Accent Lighting
- Basement
- Open-Plan
- Hardwood Floors
- Display Window
- Smoke Detector
- Wheelchair Accessible
1st Floor
Bright 1,274 sq ft office or retail space available in the Chelsea Shop building at 386 Huron Street in Toronto’s Annex / University of Toronto area. The space features large street-facing display windows, excellent pedestrian visibility, and abundant natural light, creating a welcoming and highly visible setting for businesses. The flexible layout includes an open-concept main area, private rear executive office, kitchenette and private restroom, along with private front and rear entrances. Tenants also have access to a shared rear garden space. Two parking spaces are available, with additional basement storage upon request. Toronto Hydro is separately metered and charged at cost to tenant. Security monitoring is available and charged at cost to tenant, if tenant wishes. No other TMI costs are charged to tenant. Landlord responsible for all gardening, recycling, garbage and property maintenance. Ideal for office, retail, medical, or other professional services. Food and beverage uses are not being considered.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- 1 Private Office
- Space is in Excellent Condition
- Anchor Space
- Central Air Conditioning
- Private Restrooms
- Security System
- High Ceilings
- Secure Storage
- Natural Light
- Bicycle Storage
- Basement
- Open-Plan
- Hardwood Floors
- Display Window
- Smoke Detector
- • Large street-facing display windows
- • Close to public transit
- • Excellent pedestrian visibility and foot traffic
- • Building prominence
- • Landmark heritage building
- • Flexible open-concept layout
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 The Chelsea Shop
- Tenant
- Description
- CAN Locations
- Reach
- Dr. Chase McMurren
- Health Care and Social Assistance
- -
- -
- Dr. Maura Ferguson and Associates
- Health Care and Social Assistance
- -
- -
- Inference Economics
- Professional, Scientific, and Technical Services
- -
- -
- Manco Operations Inc.
- Real Estate
- -
- -
- Smiley Boy Productions
- Arts, Entertainment, and Recreation
- -
- -
- Westwood Creative Artists
- -
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Dr. Chase McMurren | Health Care and Social Assistance | - | - |
| Dr. Maura Ferguson and Associates | Health Care and Social Assistance | - | - |
| Inference Economics | Professional, Scientific, and Technical Services | - | - |
| Manco Operations Inc. | Real Estate | - | - |
| Smiley Boy Productions | Arts, Entertainment, and Recreation | - | - |
| Westwood Creative Artists | - | 1 | - |
Property Facts
| Total Space Available | 2,548 SF | Gross Leasable Area | 4,046 SF |
| Property Type | Retail | Year Built/Renovated | 1888/2016 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.49/1,000 SF |
| Total Space Available | 2,548 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,046 SF |
| Year Built/Renovated | 1888/2016 |
| Parking Ratio | 0.49/1,000 SF |
About the Property
The Chelsea Shop is a well-known landmark building in Toronto’s Annex / University of Toronto area, carefully maintained and under the same ownership for more than 30 years. The building underwent a comprehensive renovation in 2016, with additional upgrades completed in 2024, reflecting an ongoing commitment to maintaining the property to a high standard. Beautiful landscaping and seasonal gardening contribute to the building’s welcoming street presence, while rear surface parking and on-site property management provide convenience and attentive day-to-day oversight. The property is also located close to public transit and within walking distance of the University of Toronto campus. The Chelsea Shop is home to a stable mix of professional tenants including psychotherapy and wellness practices, offices, and other service-oriented businesses. The building offers a quiet, professional environment well suited to client-facing practices and businesses seeking a well-maintained setting in one of Toronto’s most established neighbourhoods. In keeping with the professional character of the building and its existing tenant community, food and beverage uses are not being considered. Location Highlights: • Located in Toronto’s Annex / University of Toronto area • Short walk to the University of Toronto campus • Close to Spadina subway station and St. George station • Convenient access to TTC subway and streetcar routes • Surrounded by established residential neighbourhoods and professional offices • Strong pedestrian activity associated with the University of Toronto and the Annex retail corridor • Walkable neighbourhood with cafés, shops, and services nearby • Central location with convenient access to downtown Toronto
- Controlled Access
- Corner Lot
- Courtyard
- Property Manager on Site
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Demographics
Demographics
Nearby Major Retailers
Presented by
Manco Operations Inc.
The Chelsea Shop | 386 Huron St
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