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508 Queen St E 1,000 SF of Retail Space Available in Toronto, ON M5A 1V2
Highlights
- Prime Queen Street East retail location at Queen & Sumach.
- Excellent transit connectivity with streetcar service directly outside the property and easy access to downtown Toronto.
- Suitable for a variety of retail, boutique, service, and specialty commercial uses.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,000 SF | Negotiable | $38.00 CAD/SF/YR $3.17 CAD/SF/MO $38,000 CAD/YR $3,167 CAD/MO | Triple Net (NNN) |
1st Floor
Prime Ground Floor Retail Opportunity Located in the hear of Queen Street East( Queen &Sumach). Approx. 1000 S/q Ft. Clear Span with Bonus + 700 Sq Ft Basement. Private Parking At Rear. Recently remodeled. Suitable for a Variety of Retail/ boutique Uses. Situated in a Trendy, Bustling Neighbourhood With High Foot Traffic. Landlord and Listing agent do not warranty all of the measurements and information of this property; Please verify the mentioned information with your real estate agent.
- Lease rate does not include utilities, property expenses or building services
- 700+ Basement Additional
- Renovated Space
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 508 Queen St E, Toronto, ON M5A 1V2
- Tenant
- Description
- CAN Locations
- Reach
- River Towne Deli
- Accommodation and Food Services
- 1
- Local
| Tenant | Description | CAN Locations | Reach |
| River Towne Deli | Accommodation and Food Services | 1 | Local |
Property Facts
| Total Space Available | 1,000 SF | Gross Leasable Area | 1,312 SF |
| Property Type | Retail | Year Built | 1906 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.5/1,000 SF |
| Total Space Available | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 1,312 SF |
| Year Built | 1906 |
| Parking Ratio | 1.5/1,000 SF |
About the Property
Positioned in the vibrant Queen East corridor at the corner of Queen Street East and Sumach Street, 508 Queen St E offers an exceptional retail opportunity in one of Toronto's most dynamic urban neighborhoods. This recently remodeled commercial property features approximately 1,000 square feet of open-concept ground floor retail space complemented by a bonus 700-square-foot basement, providing flexible space for retail, boutique, service, or creative users. The property benefits from excellent street exposure, strong pedestrian traffic, and convenient rear parking. Surrounded by popular restaurants, cafés, shops, and residential developments in the Corktown, Moss Park, and Regent Park communities, the location offers outstanding accessibility via TTC streetcar service and proximity to Toronto's downtown core, Distillery District, and Leslieville.
Nearby Major Retailers
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508 Queen St E
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