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485 Queen St W
2,150 - 4,791 SF of Space Available in Toronto, ON M5V 2A9
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HIGHLIGHTS
- Access to Queen & Spadina Streetcars
- Furniture included
- Close to Gardiner Expressway
SPACE AVAILABILITY (2)
Display Rent as
- SPACE
- SIZE
- TERM
- RENT
- SERVICE TYPE
Space | Size | Term | Rent | Service Type | ||
Lower Level, Ste 100B | 2,150 SF | 1-10 Years | £19.24 /SF/PA £1.60 /SF/MO £41,373 /PA £3,448 /MO | Full Service Gross | ||
3rd Floor, Ste 300 | 2,641 SF | 1-10 Years | £15.39 /SF/PA £1.28 /SF/MO £40,657 /PA £3,388 /MO | Full Service Gross |
Lower Level, Ste 100B
The unit is on the lower level (no direct street access to Queen Street, access through the rear of building).Existing in the unit (Walk-in fridge and freezer, washroom, sink with grease trap).
- Rate includes utilities, building services and property expenses
- Can be combined with additional space(s) for up to 4,791 SF of adjacent space
- Central Heating System
- Kitchen
- Fits 7 - 22 People
- Access to Queen & Spadina Streetcars
- Close to Gardiner Expressway
- Walking distance to various amenities
3rd Floor, Ste 300
Turnkey education space built out with two large classrooms, kitchenette and in-suite washrooms.
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Professional Services Office
- Mostly Open Floor Plan Layout
- Fits 7 - 22 People
- Can be combined with additional space(s) for up to 4,791 SF of adjacent space
- Kitchen
- Wooden Floors
- Access to Queen & Spadina Streetcars
- Close to Gardiner Expressway
- Walking distance to various amenities
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 485 QUEEN ST W , TORONTO, ON M5V 2A9
Total Space Available | 4,791 SF | Gross Internal Area | 11,614 SF |
Property Type | Retail | Year Built/Renovated | 1948/2006 |
Property Subtype | Storefront Retail/Office |
Total Space Available | 4,791 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Internal Area | 11,614 SF |
Year Built/Renovated | 1948/2006 |
FEATURES AND AMENITIES
- Bus Route
NEARBY MAJOR RETAILERS
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485 Queen St W
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