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641 Yonge St
2,190 - 4,429 SF of Office Space Available in Toronto, ON M4Y 1Z9
Highlights
- Heavy commercialized area
- Natural light exposure
- High exposure location
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 | 2,190 SF | 1-10 Years | $32.16 CAD/SF/YR $2.68 CAD/SF/MO $70,430 CAD/YR $5,869 CAD/MO | Modified Gross | ||
| 4th Floor, Ste 400 | 2,239 SF | 1-10 Years | $32.16 CAD/SF/YR $2.68 CAD/SF/MO $72,006 CAD/YR $6,001 CAD/MO | Modified Gross |
2nd Floor, Ste 200
High pedestrian and vehicular traffic. Excellent branding opportunity with spectacular frontage. Situated between the Bloor-Yonge and Wellesley Subway Stations. Great value relative to competitive buildings in the area.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Central Air Conditioning
- Access to public transit and highway
- Natural Light exposure
4th Floor, Ste 400
- Listed rate may not include certain utilities, building services and property expenses
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 641 Yonge St , Toronto, ON M4Y 1Z9
| Property Type | Retail | Gross Leasable Area | 9,491 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 2000 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 9,491 SF |
| Year Built | 2000 |
About the Property
Commercial office property located in Toronto, Ontario.
- Bus Line
Nearby Major Retailers
Presented by
641 Yonge St
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