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423 Queen St W 237 - 9,300 SF of Space Available in Toronto, ON M5V 2A5
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 101 | 2,000 SF | 9’ - 10’ | 2-10 Years | $80.00 CAD/SF/YR $6.67 CAD/SF/MO $160,000 CAD/YR $13,333 CAD/MO | Plus All Utilities | |
| 1st Floor, Ste 111 | 2,200 SF | 9’ - 10’ | 2-10 Years | $80.00 CAD/SF/YR $6.67 CAD/SF/MO $176,000 CAD/YR $14,667 CAD/MO | Plus All Utilities | |
| 1st Floor, Ste 112 | 2,000 SF | 9’ - 10’ | 2-10 Years | $80.00 CAD/SF/YR $6.67 CAD/SF/MO $160,000 CAD/YR $13,333 CAD/MO | Plus All Utilities | |
| 1st Floor, Ste 115 | 2,200 SF | 9’ - 10’ | 2-10 Years | $40.00 CAD/SF/YR $3.33 CAD/SF/MO $88,000 CAD/YR $7,333 CAD/MO | Plus All Utilities | |
| 2nd Floor, Ste 201 | 237-900 SF | - | 2-5 Years | $40.00 CAD/SF/YR $3.33 CAD/SF/MO $36,000 CAD/YR $3,000 CAD/MO | Modified Gross |
1st Floor, Ste 101
-Ground floor (Unit 111) -Rent: $80.00/sq. ft. semi-gross plus utilities -HVAC system -Located east of Spadina, west of Peter St. (just east of H&M)
- Listed lease rate plus proportional share of utilities
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- After Hours HVAC Available
- Finished Ceilings: 9’ - 10’
1st Floor, Ste 111
HIGHLIGHTS: -Area: 2,200 sq. ft. -Ground floor (Unit 111) -Rent: $80.00/sq. ft. semi-gross plus utilities -HVAC system -Located east of Spadina, west of Peter St. (just east of H&M)
- Listed lease rate plus proportional share of utilities
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- After Hours HVAC Available
- Finished Ceilings: 9’ - 10’
1st Floor, Ste 112
$80.00/sq.ft. Semi-gross rent + utilities HIGHLIGHTS: -Ground floor (unit 112) -Utilities (gas & electric) metered separately -Located East of Spadina, West of Peter St. -Located on the busiest intersection along the Queen West strip and at the heart of one of Canada’s most prominent retail hubs -Reputed for its blend of popular local and premium international retail brands -Its residential and employment growth coupled with area bars and restaurants create healthy foot traffic all week
- Listed lease rate plus proportional share of utilities
- Space is in Excellent Condition
- Central Air and Heating
- After Hours HVAC Available
- Finished Ceilings: 9’ - 10’
1st Floor, Ste 115
$40.00 semi-gross psf TMI plus utilities. Hydro & gas are separately metered. HIGHLIGHTS: -Area: 2,200 sq. ft. -Lower Level (Unit 115) -HVAC system -Located east of Spadina, west of Peter St. (just east of H&M)
- Listed lease rate plus proportional share of utilities
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- After Hours HVAC Available
- Finished Ceilings: 9’ - 10’
2nd Floor, Ste 201
Office $40.00 psf gross including utilities HIGHLIGHTS: -Located East of Spadina, West of Peter St. -Located on the busiest intersection along the Queen West strip and at the heart of one of Canada’s most prominent retail hubs -Reputed for its blend of popular local and premium international retail brands -Its residential and employment growth coupled with area bars and restaurants create healthy foot traffic all week -HVAC system -Laminate wood floors
- Listed rate may not include certain utilities, building services and property expenses
- Open Floor Plan Layout
- Space is in Excellent Condition
- Central Air Conditioning
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 423 QUEEN ST W, TORONTO, ON M5V 2A5
- Accuppuncture & Massage Healing Centre
- Borderline Plus
- Freedom
- Harper Burnham & Associates Certified Trainers
- Velocci Fashion Productions
PROPERTY FACTS
| Total Space Available | 9,300 SF | Property Subtype | Storefront Retail/Office |
| Min. Divisible | 237 SF | Gross Leasable Area | 19,682 SF |
| Property Type | Retail | Year Built | 1986 |
| Total Space Available | 9,300 SF |
| Min. Divisible | 237 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 19,682 SF |
| Year Built | 1986 |
ABOUT THE PROPERTY
NEIGHBOURING RETAILERS: -Freedom Mobile -EB Games -H&M -Ardene -Due West -Get Outside -Gap -Saje -Adidas -Lululemon
NEARBY MAJOR RETAILERS
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423 Queen St W
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