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639 Yonge St 1,975 SF of Retail Space Available in Toronto, ON M4Y 1Z9
Highlights
- Prominent corner location at Yonge Street and Isabella Street.
- Steps from Bloor-Yonge and Wellesley subway stations.
- Frontage along one of Toronto's most recognized retail corridors.
- Turnkey restaurant premises available for immediate occupancy.
- Surrounded by dense residential, office, and retail uses.
- Located within Toronto's Downtown Yonge commercial district.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,975 SF | Negotiable | $75.95 CAD/SF/YR $6.33 CAD/SF/MO $150,001 CAD/YR $12,500 CAD/MO | Full Service |
1st Floor
639 Yonge Street offers a turnkey retail opportunity at the signalized corner of Yonge Street and Isabella Street in Toronto's Downtown Yonge district. Positioned just south of the Yonge and Bloor intersection, the property benefits from direct exposure along one of Canada's most recognized commercial corridors. The space is currently fixtured for restaurant use and is available for immediate occupancy, providing an efficient solution for retailers, food operators, and service-oriented businesses seeking a presence in a high-activity urban location.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- $12,500 Monthly Gross Rent
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 639 Yonge St, Toronto, ON M4Y 1Z9
- Tenant
- Description
- CAN Locations
- Reach
- Spice and Aroma
- Accommodation and Food Services
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Spice and Aroma | Accommodation and Food Services | 1 | - |
Property Facts
| Total Space Available | 1,975 SF | Gross Leasable Area | 4,122 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,975 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,122 SF |
| Year Built | 1900 |
About the Property
639 Yonge Street is a retail property located at the corner of Yonge Street and Isabella Street in Toronto, Ontario. The surrounding area supports consistent pedestrian activity generated by a dense mix of residential towers, office buildings, educational institutions, tourism destinations, and neighborhood-serving retail. The property is within walking distance of both Bloor-Yonge Station and Wellesley Station, providing connectivity to Toronto's transit network and convenient access for customers and employees. Nearby businesses include national retailers, restaurants, financial institutions, grocery stores, fitness operators, and everyday service providers that contribute to a vibrant commercial environment. Downtown Yonge continues to experience substantial residential development activity, with thousands of planned and under-construction condominium units in the surrounding area, supporting future consumer demand. The combination of corner visibility, transit accessibility, established retail activity, and immediate availability creates an opportunity for tenants seeking a highly visible location within one of Toronto's most active mixed-use districts.
- Bus Line
Nearby Major Retailers
Contacts
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Arlin Markowitz -
Jackson Turner -
Emily Everett -
Alex Edmison -
Daniel Jacobs -
CBRE, Limited
Presented by
639 Yonge St
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