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2472 Yonge St
1,784 - 10,910 SF of Retail Space Available in Toronto, ON M4P 2H5
Highlights
- Single tenant restaurant
- Chef's kitchen and banquet hall
- Transferable liquor license for 384
Space Availability (3)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| Lower Level | 4,563 SF | 1-10 Years | £18.51 /SF/PA £1.54 /SF/MO £199.27 /m²/PA £16.61 /m²/MO £84,476 /PA £7,040 /MO | Triple Net | ||
| 1st Floor | 4,563 SF | 1-10 Years | £18.51 /SF/PA £1.54 /SF/MO £199.27 /m²/PA £16.61 /m²/MO £84,476 /PA £7,040 /MO | Triple Net | ||
| Mezzanine | 1,784 SF | 1-10 Years | £18.51 /SF/PA £1.54 /SF/MO £199.27 /m²/PA £16.61 /m²/MO £33,028 /PA £2,752 /MO | Triple Net |
Lower Level
A magnificent leasing opportunity in one of Toronto’s most vibrant neighborhoods, this 10,910 sq. ft. restaurant, formerly Cibo Wine Bar, offers a prime space for large brands seeking to establish a presence in the bustling Yonge & Eglinton area. With a transferable liquor license capacity of 384, this restaurant boasts a three-tier layout including a 4,563 sq. ft. main floor, a 4,563 sq. ft. fully functional lower level, and a 1,784 sq. ft. mezzanine. The space features a chef's kitchen, banquet hall, high-end finishes, and an abundance of natural light. The dynamic location is surrounded by entertainment, shopping, dining, and offers excellent transit access, making it an ideal choice for a successful restaurant venture. The landlord is open to negotiating the unit’s division based on the tenant’s specific needs. Please refrain from contacting staff directly.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 10,910 SF of adjacent space
- Kitchen
- Spacious main and lower floors
- High-end finishes with natural light
- Mezzanine ideal for private events
1st Floor
A magnificent leasing opportunity in one of Toronto’s most vibrant neighborhoods, this 10,910 sq. ft. restaurant, formerly Cibo Wine Bar, offers a prime space for large brands seeking to establish a presence in the bustling Yonge & Eglinton area. With a transferable liquor license capacity of 384, this restaurant boasts a three-tier layout including a 4,563 sq. ft. main floor, a 4,563 sq. ft. fully functional lower level, and a 1,784 sq. ft. mezzanine. The space features a chef's kitchen, banquet hall, high-end finishes, and an abundance of natural light. The dynamic location is surrounded by entertainment, shopping, dining, and offers excellent transit access, making it an ideal choice for a successful restaurant venture. The landlord is open to negotiating the unit’s division based on the tenant’s specific needs. Please refrain from contacting staff directly.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 10,910 SF of adjacent space
- Kitchen
- Spacious main and lower floors
- High-end finishes with natural light
- Mezzanine ideal for private events
Mezzanine
A magnificent leasing opportunity in one of Toronto’s most vibrant neighborhoods, this 10,910 sq. ft. restaurant, formerly Cibo Wine Bar, offers a prime space for large brands seeking to establish a presence in the bustling Yonge & Eglinton area. With a transferable liquor license capacity of 384, this restaurant boasts a three-tier layout including a 4,563 sq. ft. main floor, a 4,563 sq. ft. fully functional lower level, and a 1,784 sq. ft. mezzanine. The space features a chef's kitchen, banquet hall, high-end finishes, and an abundance of natural light. The dynamic location is surrounded by entertainment, shopping, dining, and offers excellent transit access, making it an ideal choice for a successful restaurant venture. The landlord is open to negotiating the unit’s division based on the tenant’s specific needs. Please refrain from contacting staff directly.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 10,910 SF of adjacent space
- Kitchen
- Spacious main and lower floors
- High-end finishes with natural light
- Mezzanine ideal for private events
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 2472 Yonge St , Toronto, ON M4P 2H5
| Property Type | Retail | Gross Internal Area | 10,910 SF |
| Property Subtype | Restaurant | Year Built | 1928 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Internal Area | 10,910 SF |
| Year Built | 1928 |
About the Property
A magnificent leasing opportunity in one of Toronto’s most vibrant neighborhoods, this 10,910 sq. ft. restaurant, formerly Cibo Wine Bar, offers a prime space for large brands seeking to establish a presence in the bustling Yonge & Eglinton area. With a transferable liquor license capacity of 384, this restaurant boasts a three-tier layout including a 4,563 sq. ft. main floor, a 4,563 sq. ft. fully functional lower level, and a 1,784 sq. ft. mezzanine. The space features a chef's kitchen, banquet hall, high-end finishes, and an abundance of natural light. The dynamic location is surrounded by entertainment, shopping, dining, and offers excellent transit access, making it an ideal choice for a successful restaurant venture. The landlord is open to negotiating the unit’s division based on the tenant’s specific needs. Please refrain from contacting staff directly.
Nearby Major Retailers
-
Jason Kleyn -
Royal LePage Real Estate Services
Presented by
2472 Yonge St
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