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464 Danforth Ave 1,161 SF of Retail Space Available in Toronto, ON M4K 1P4
Highlights
- Significant building upgrades.
- Prime streetfront exposure along Danforth Avenue in Greektown.
- High-traffic location surrounded by established businesses and transit access.
- Tandem rear parking.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,161 SF | Negotiable | $55.00 CAD/SF/YR $4.58 CAD/SF/MO $63,855 CAD/YR $5,321 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Significant building upgrades.
- Prime streetfront exposure.
- Immediate possession.
- High-traffic Greektown location.
- Flexible retail layout suitable for multiple uses.
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 464 Danforth Ave, Toronto, ON M4K 1P4
- Tenant
- Description
- CAN Locations
- Reach
- Fruitland Market
- -
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Fruitland Market | - | 1 | - |
Property Facts
| Total Space Available | 1,161 SF | Gross Leasable Area | 1,161 SF |
| Property Type | Retail | Year Built | 1922 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,161 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 1,161 SF |
| Year Built | 1922 |
About the Property
464 Danforth Avenue is located in Toronto’s Greektown neighborhood, a well-known commercial corridor with strong pedestrian activity. The property is positioned along Danforth Avenue, near Chester and Pape subway stations, and is surrounded by retail, dining, and cultural establishments. The site offers rear parking and is accessible via major city streets, with proximity to Withrow Park and other local amenities.
Nearby Major Retailers
Presented by
Horizon Brokers
464 Danforth Ave
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