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1097 Victoria Park Ave
2,607 SF of Retail Space Available in Toronto, ON M4B 2K2
Highlights
- Property features 11 ft ceilings and large open areas suitable for a variety of uses.
- All rental rates are subject to HST and tenant to pay for own utilities.
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 1097A | 2,607 SF | 1 Year | £14.90 /SF/PA £1.24 /SF/MO £160.43 /m²/PA £13.37 /m²/MO £38,855 /PA £3,238 /MO | Triple Net |
1st Floor, Ste 1097A
Space features 11-foot ceilings and open-concept layout. With lot line extending beyond front of the unit, there may also be potential for adding a front patio. Landlord welcomes various uses including retail, restaurant, medical, and more. The unit is currently combined with 1097 for a total area of 4,525 SF. Landlord will demise prior to possession. Both units together = $26/sf.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Featuring 11-foot ceilings and open-concept layout
- Potential for adding a front patio
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 agent 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 FOR 1097 Victoria Park Ave , Toronto, ON M4B 2K2
| Property Type | Retail | Gross Internal Area | 5,670 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1953 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Internal Area | 5,670 SF |
| Year Built | 1953 |
About the Property
Prime location across from No Frills and just a few stores south of St. Clair. Featuring 11-foot ceilings and open-concept layout with rear elevation for office overlooking the store. With lot line extending beyond front of the unit, there may also be potential for adding a front patio.
-
Bram Zeidenberg -
Royal LePage Estate Realty - Capital City Realty
Presented by
1097 Victoria Park Ave
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