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652 Queen St W
1,242 SF of Retail Space Available in Toronto, ON M6J 1E5
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 1 | 1,242 SF | 1-10 Years | £50.19 /SF/PA £4.18 /SF/MO £62,336 /PA £5,195 /MO | Triple Net |
1st Floor, Ste 1
Prime Corner Ground Level Retail Unit on Queen West & Palmerston Blvd, positioned in one of Toronto's most bustling and vibrant corridors. This space is surrounded by high foot traffic and is located amidst top-tier restaurants, independent boutiques, music venues, art galleries, and iconic street murals. The unit boasts a full-glazed frontage, numerous upgrades, and attractive exterior lighting, making it move-in ready. Ideal for retail use, art spaces, or professional clinics. Additionally, the unit offers a bonus 1,220 sqft of basement storage space. A well-maintained property with an excellent building operator.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Central Air Conditioning
- High foot traffic location
- Full-glazed frontage, move-in ready
- Vibrant, artistic neighborhood setting
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 652 Queen St W , Toronto, ON M6J 1E5
| Property Type | Retail | Gross Internal Area | 5,212 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1890 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Internal Area | 5,212 SF |
| Year Built | 1890 |
Features and Amenities
- Bus Route
Nearby Major Retailers
Presented by
652 Queen St W
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