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489-491 Queen St W
2,098 - 4,422 SF of Space Available in Toronto, ON M5V 2B4
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 102 | 2,324 SF | 1-10 Years | $60.00 CAD/SF/YR $5.00 CAD/SF/MO $139,440 CAD/YR $11,620 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 201 | 2,098 SF | 1-10 Years | $34.00 CAD/SF/YR $2.83 CAD/SF/MO $71,332 CAD/YR $5,944 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 102
The definition of retail excellence in this prime location! Nestled in the vibrant energy of Queen West, this 2,324 Sqft unit is ready for you to make your mark. With exposed brick and high ceilings, every inch radiates charm and functionality. Large basement for ample storage and washroom included! Utilities are separately metered for your convenience. Effortless shipping and receiving with a rear lane street-level shipping door accessing the iconic "" Graffiti Alley"".**** EXTRAS **** No cannabis dispensaries, paraphernalia, or vape uses will be permitted.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Central Air Conditioning
2nd Floor, Ste 201
Step into the heart of the bustling Queen West neighborhood with this meticulously renovated office/studio space, positioned for maximum visibility. With exposed brick and upgrades to HVAC, plumbing and electrical, every inch radiates charm and functionality. Naturals light floods the space through ample windows, infusing it with warmth and creating an inviting ambiance for clients and collaborators alike . Freight elevator at the rear of unit for your convenience.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
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 489-491 Queen St W , Toronto, ON M5V 2B4
| Property Type | Retail | Gross Leasable Area | 12,152 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1890 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 12,152 SF |
| Year Built | 1890 |
Features and Amenities
- Bus Line
Nearby Major Retailers
Presented by
489-491 Queen St W
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