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Building C 55 Lebovic Ave 2,000 SF of Retail Space Available in Toronto, ON M1L 4W1
Highlights
- Second-floor sublease opportunity above Pizza Karachi.
- Benefits from consistent traffic generated by a popular destination business.
- Located within an established and active commercial setting.
- Affordable opportunity within a recognizable commercial location.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste C104 & C105 | 2,000 SF | Negotiable | $46.50 CAD/SF/YR $3.88 CAD/SF/MO $93,000 CAD/YR $7,750 CAD/MO | Triple Net (NNN) |
2nd Floor, Ste C104 & C105
Take advantage of this excellent sublease opportunity located on the second floor above Pizza Karachi, a well-established and popular destination that attracts consistent customer traffic. The unit benefits from its association with a recognizable local business and offers an excellent opportunity for tenants seeking a conveniently located space with strong surrounding activity and visibility. The tenant will be responsible for 20% of the property's utility costs. The stated area of approximately 2,000 square feet is an estimate and should be independently verified by the prospective tenant. This is a great opportunity to secure an affordable commercial space in an established and active location.
- Lease rate does not include utilities, property expenses or building services
- 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.
Select Tenants at Building C
- Tenant
- Description
- CAN Locations
- Reach
- Affy's Premium Grill
- Restaurant
- 2
- International
- chaiiwala
- Coffee
- 12
- International
- Oakpark Mortgage Group
- Other Office
- 1
- Local
- Trendy Nisa Modest Wear
- Ladies' Apparel
- 1
- Local
- World Class Realty Point
- Real Estate
- 2
- Local
| Tenant | Description | CAN Locations | Reach |
| Affy's Premium Grill | Restaurant | 2 | International |
| chaiiwala | Coffee | 12 | International |
| Oakpark Mortgage Group | Other Office | 1 | Local |
| Trendy Nisa Modest Wear | Ladies' Apparel | 1 | Local |
| World Class Realty Point | Real Estate | 2 | Local |
Property Facts
| Total Space Available | 2,000 SF | Gross Leasable Area | 24,258 SF |
| Property Type | Retail | Year Built | 2013 |
| Property Subtype | Freestanding | Parking Ratio | 4.94/1,000 SF |
| Total Space Available | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 24,258 SF |
| Year Built | 2013 |
| Parking Ratio | 4.94/1,000 SF |
About the Property
Positioned within an established commercial setting, the premises provide a practical option for a variety of professional, service-oriented, educational, wellness, and office users seeking an affordable occupancy solution. The location's connection to a popular ground-floor business contributes to ongoing exposure and customer familiarity, while the upper-level setting offers a functional environment for daily operations.
- Air Conditioning
Nearby Major Retailers
Presented by
Building C | 55 Lebovic Ave
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