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Victoria Terrace 1448-1450 Lawrence Ave E
2,048 - 2,060 SF of Office/Medical Space Available in Toronto, ON M4A 2S8
Highlights
- Easily accessible from Highway 401 & the Don Valley Parkway.
- grocery-anchored and boasts over key 45 retailers
- Located at the intersection of Victoria Park and Lawrence Avenue East with great access and ample parking.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste AO3004A | 2,048-2,060 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1448 Lawrence Ave E - 2nd Floor - Ste AO3004A
Victoria Terrace, located at the bustling intersection of Victoria Park Ave and Lawrence Ave E in North York, is a vibrant retail center offering unparalleled convenience. With easy access to the Don Valley Parkway and Highway 401, this grocery-anchored plaza features over 45 key retailers, including professional services, fitness centers, national banks, and more. The site’s high traffic and strategic location make it an ideal destination for everyday shopping and services.
- Fully Built-Out as Standard Medical Space
- Office intensive layout
- Fits 6 - 17 People
- Private Restrooms
- Accessible via DVP and Hwy 401
- Prime Victoria Park/Lawrence location
- Grocery-anchored retail center
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 broker 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.
SITE PLAN
SELECT TENANTS AT Victoria Terrace
- Tenant
- Description
- CAN Locations
- Reach
- CIBC
- Bank
- 1,854
- International
- Dollarama
- Dollar/Variety/Thrift
- 2,746
- National
- GoodLife Fitness
- Fitness
- 331
- National
- No Frills
- -
- -
- -
- Toys "R" Us Canada
- Toys
- 110
- National
| Tenant | Description | CAN Locations | Reach |
| CIBC | Bank | 1,854 | International |
| Dollarama | Dollar/Variety/Thrift | 2,746 | National |
| GoodLife Fitness | Fitness | 331 | National |
| No Frills | - | - | - |
| Toys "R" Us Canada | Toys | 110 | National |
PROPERTY FACTS FOR 1448-1450 Lawrence Ave E , Toronto, ON M4A 2S8
| Min. Divisible | 2,048 SF | Frontage | |
| Center Type | Outlet Center | Gross Leasable Area | 235,009 SF |
| Parking | 994 Spaces | Total Land Area | 17.52 AC |
| Center Properties | 4 | Year Built | 1990 |
| Min. Divisible | 2,048 SF |
| Center Type | Outlet Center |
| Parking | 994 Spaces |
| Center Properties | 4 |
| Frontage | |
| Gross Leasable Area | 235,009 SF |
| Total Land Area | 17.52 AC |
| Year Built | 1990 |
About the Property
Ideally located on the busy intersection of Victoria Park Ave and Lawrence Avenue E in Toronto’s vibrant North York neighbourhood, is Victoria Terrace. This highly trafficked retail centre is easily accessible from two major Toronto Highways including the Don Valley Parkway and HWY 401. Victoria Terrace is grocery-anchored and boasts over key 45 retailers, including professional services, gym and fitness, national banks, and much more – everyday shopping made easy.
- Air Conditioning
- Bus Line
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
-
Maia Mehmeti -
Jon Gauntlett -
First Capital REIT
Presented by
Victoria Terrace | 1448-1450 Lawrence Ave E
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