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223-225 Mcrae Dr
1,500 SF of Retail Space Available in Toronto, ON M4G 1T6
Highlights
- Don't miss out on this incredible chance to set up your own shop in a prime location.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 1 | 1,500 SF | 2-10 Years | $26.40 CAD/SF/YR $2.20 CAD/SF/MO $284.17 CAD/m²/YR $23.68 CAD/m²/MO $3,300 CAD/MO $39,600 CAD/YR | Triple Net (NNN) |
1st Floor, Ste 1
As for additional details, tenants are responsible for paying HST, TMI (Triple Net Lease), utilities, as well as taking care of their own maintenance and insurance. Don't miss out on this incredible chance to set up your own shop in a prime location. Contact us today to seize this opportunity and embark on your entrepreneurial journey!
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Embark on your entrepreneurial journey!
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.
PROPERTY FACTS FOR 223-225 Mcrae Dr , Toronto, ON M4G 1T6
Property Type | Retail | Gross Leasable Area | 3,135 SF |
Property Subtype | Storefront Retail/Residential | Year Built | 1970 |
Property Type | Retail |
Property Subtype | Storefront Retail/Residential |
Gross Leasable Area | 3,135 SF |
Year Built | 1970 |
About the Property
Become Your Own Boss Today - Prime Retail Space at Bayview & Eglinton Now Available! This exceptional retail space offers a highly sought-after location at Bayview & Eglinton. You have the opportunity to be your own boss and establish your business in this affluent neighborhood. The retail space includes full access to the basement, providing you with ample room to accommodate your needs. With high demand traffic in the area, you can benefit from increased visibility and a steady stream of potential customers.
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223-225 Mcrae Dr
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