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1188 Danforth Ave 600 - 1,700 SF of Space Available in Toronto, ON M4J 1M3
Highlights
- Prominent corner visibility along Danforth Avenue with over 155 feet of frontage.
- Direct access to Greenwood TTC subway station and multiple transit lines.
- Currently improved with medical and office infrastructure, offering versatile configurations.
- Surrounded by strong retail, dining, and residential demand drivers.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 600 SF | 3-5 Years | $43.28 USD/SF/YR $3.61 USD/SF/MO $25,968 USD/YR $2,164 USD/MO | Full Service | ||
| 2nd Floor | 1,100 SF | 3-5 Years | $21.64 USD/SF/YR $1.80 USD/SF/MO $23,804 USD/YR $1,984 USD/MO | Full Service |
1st Floor, Ste 1
A well located beauty salon space of approximately 600sf with rooms and open area on north west corner of Danforth & Greenwood. Turn key and ready to do nails and hair. Steps from Greenwood Subway (300m) and minutes to the DVP. Ground floor is also presently rented to a pharmacy & walk-in clinic. Additional upper level units are available. Equipment price to be negotiated with Landlord. Other uses are acceptable subject to exclusivity.
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Ready for immediate occupancy
2nd Floor
A well located office space of approximately 1100sf with rooms and open area on north west corner of Danforth & Greenwood. Office Spaces Can Be Divided. Wheelchair Elevator access. Steps from Greenwood Subway (300m) and minutes to the DVP. Ground floor is presently rented to a pharmacy & walk-in clinic. Additional main level unit are available.
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 4 - 11 People
- Central Air and Heating
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
| Total Space Available | 1,700 SF | Gross Leasable Area | 12,120 SF |
| Property Type | Retail | Year Built | 1922 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.25/1,000 SF |
| Total Space Available | 1,700 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 12,120 SF |
| Year Built | 1922 |
| Parking Ratio | 0.25/1,000 SF |
About the Property
Positioned at the high-visibility corner of Danforth and Greenwood Avenues, this two-story commercial asset presents an exceptional investment opportunity in one of Toronto’s most vibrant mixed-use districts. The building, originally constructed as a Scotiabank branch, has been reconfigured for medical and professional uses, making it adaptable for a wide range of occupiers. Featuring 155 feet of wraparound frontage, the property maximizes street exposure and benefits from heavy foot traffic, strong demographics, and direct access to multiple TTC subway stops and bus routes.
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1188 Danforth Ave
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