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802 Bloor St W 1,950 SF of Retail Space Available in Toronto, ON M6G 1L9
Highlights
- Gas furnace and air conditioning
- Rear yard is flat and clear, providing additional redevelopment potential
- Located within Toronto's Avenues planning area, which may allow future development of approximately 6 to 9 stories
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,950 SF | Negotiable | $24.61 CAD/SF/YR $2.05 CAD/SF/MO $47,990 CAD/YR $3,999 CAD/MO | Plus All Utilities |
1st Floor
Available commercial space includes approximately 1,100 SF on the main level and 850 SF on the lower level. The previous tenant occupied the main-floor space for 18 years before retiring, demonstrating long-term tenancy potential. The space features a main-level washroom, updated building systems, two access points from the rear yard, an additional basement entrance, gas heating, and air conditioning. Asking rent is $4,000 per month plus utilities, with TMI of $1,500 per month. The flexible layout and multiple access points make the space suitable for a variety of retail, service, or office users.
- Listed lease rate plus proportional share of utilities
- Main level commercial space: 1,100 SF
- Lower level space: 850 SF
- Previous tenant occupied the main level for 18 yea
- Asking rent: $4,000/month plus utilities
- TMI: $1,500/month
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 | 1,950 SF | Gross Leasable Area | 3,483 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,950 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,483 SF |
| Year Built | 1900 |
About the Property
Well-maintained mixed-use investment property featuring a commercial component and residential income units. The property was renovated in 2011 and includes updated electrical and plumbing systems, a new fire escape, gas furnace, air conditioning, and a flat, clear rear yard. Located within Toronto's Avenues redevelopment corridor, the site offers potential future development opportunities and benefits from strong existing income generated by both the commercial and residential portions of the property.
- Bus Line
- Signage
Nearby Major Retailers
Contact
-
Domenic Brigante - Brigante, Domenic
Presented by
Brigante, Domenic
802 Bloor St W
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