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453 Church St 1,555 SF of Retail Space Available in Toronto, ON M4Y 2C5
HIGHLIGHTS
- Heavy foot traffic
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,555 SF | Negotiable | $50.00 CAD/SF/YR $4.17 CAD/SF/MO $77,750 CAD/YR $6,479 CAD/MO | Triple Net (NNN) |
1st Floor
Nestled at the vibrant intersection of Church Street and Maitland, this commercial unit offers an enticing opportunity in the very heart of Church Street Villageone of the citys most dynamic and sought-after districts. Surrounded by boutique shops, cafés, professional offices, and bustling foot traffic, this location is the embodiment of urban energy and accessibility. Its character building, high ceilings, dedicated entrance, autonomous heating and cooling, and practical basement storage make it a rare find in the neighbourhood. The thoughtfully designed split-level layout maximizes space and enhances operational flexibility. The division allows for easy separation between customer-facing areas and private staff or consultation zones. Retailers can showcase merchandise with creative displays, while professionals may utilize the levels for reception and workspace. If youre seeking a location that offers both visibility and versatility, this property deserves your careful consideration. The possibilities are as limitless as your imagination, and the neighbourhood provides the energy and support needed to help your business flourish. Arrange a viewing today and discover how this unit can become the home for your next venture.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Convenience Store
- Located in-line with other retail
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 | 1,555 SF | Gross Leasable Area | 5,622 SF |
| Property Type | Retail | Year Built | 1940 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.36/1,000 SF |
| Total Space Available | 1,555 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 5,622 SF |
| Year Built | 1940 |
| Parking Ratio | 0.36/1,000 SF |
ABOUT THE PROPERTY
Nestled at the vibrant intersection of Church Street and Maitland, this commercial unit offers an enticing opportunity in the very heart of Church Street Village, one of the citys most dynamic and sought-after districts. Surrounded by boutique shops, cafés, professional offices, and bustling foot traffic, this location is the embodiment of urban energy and accessibility. Its character building, high ceilings, dedicated entrance, autonomous heating and cooling, and practical basement storage make it a rare find in the neighbourhood. The thoughtfully designed split-level layout maximizes space and enhances operational flexibility. The division allows for easy separation between customer-facing areas and private staff or consultation zones. Retailers can showcase merchandise with creative displays, while professionals may utilize the levels for reception and workspace. If you're seeking a location that offers both visibility and versatility, this property deserves your careful consideration. The possibilities are as limitless as your imagination, and the neighbourhood provides the energy and support needed to help your business flourish. Arrange a viewing today and discover how this unit can become the home for your next venture.
- Bus Line
NEARBY MAJOR RETAILERS
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453 Church St
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