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1291-1293 Gerrard St
700 SF of Retail Space Available in Toronto, ON M4L 1Y8
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 700 SF | 1-5 Years | £12.37 /SF/PA £1.03 /SF/MO £8,659 /PA £721.56 /MO | Triple Net |
1st Floor
Gerrard East Prime Streetfront Retail right at Gerrard and Greenwood, in the heart of the hustle and bustle on Gerrard. Originally built out for a vape shop, currently contains fixtures to make this a turnkey commercial venture. Available for 1-5 year lease with demo clause giving 6 month notice to Tenant for demolition. Utilities and HST extra. First, last and security deposit required. Parking at back available for $150/mo. Vape and cannabis welcome but Tenant solely responsible to determine and approve zoning needs. Photos are of unit before fixtures installed by previous tenant.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
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 1291-1293 Gerrard St , Toronto, ON M4L 1Y8
| Property Type | Retail | Gross Internal Area | 3,472 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1910 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Internal Area | 3,472 SF |
| Year Built | 1910 |
Features and Amenities
- Bus Route
Nearby Major Retailers
Presented by
1291-1293 Gerrard St
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