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508 Yonge St
703 - 1,409 SF of Office Space Available in Toronto, ON M4Y 1X9
Highlights
- Prime Yonge Street location
- Ideal for small businesses
- Convenient access to subway
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 200 | 703 SF | 1-10 Years | $55.47 CAD/SF/YR $4.62 CAD/SF/MO $597.07 CAD/m²/YR $49.76 CAD/m²/MO $3,250 CAD/MO $38,995 CAD/YR | Triple Net (NNN) | ||
| 3rd Floor, Ste 300 | 706 SF | 1-10 Years | $50.99 CAD/SF/YR $4.25 CAD/SF/MO $548.85 CAD/m²/YR $45.74 CAD/m²/MO $3,000 CAD/MO $35,999 CAD/YR | Triple Net (NNN) |
2nd Floor, Ste 200
This prime small office space is located on Yonge Street in the heart of Toronto, offering an exceptional opportunity for businesses seeking a vibrant and central location. The open area layout includes a private washroom and a patio area, providing a unique blend of functionality and comfort. Situated on the subway line, this office ensures excellent accessibility for both employees and clients.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 2 - 6 People
- Can be combined with additional space(s) for up to 1,409 SF of adjacent space
- Central Air Conditioning
- Private Restrooms
- Prime Yonge Street location
- Outdoor patio space included
- Convenient access to subway
3rd Floor, Ste 300
This prime small office space is located on Yonge Street in the heart of Toronto, offering an exceptional opportunity for businesses seeking a vibrant and central location. The open area layout includes a private washroom and a patio area, providing a unique blend of functionality and comfort. Situated on the subway line, this office ensures excellent accessibility for both employees and clients.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 2 - 6 People
- Can be combined with additional space(s) for up to 1,409 SF of adjacent space
- Central Air Conditioning
- Private Restrooms
- Prime Yonge Street location
- Outdoor patio space included
- Convenient access to subway
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 508 Yonge St , Toronto, ON M4Y 1X9
| Property Type | Retail | Gross Leasable Area | 2,254 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1890 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 2,254 SF |
| Year Built | 1890 |
About the Property
Office and retail property in Toronto, ON.
- Bus Line
Nearby Major Retailers
-
Amanda Thomson -
Urban Landmark Realty Inc., Brokerage
Presented by
508 Yonge St
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