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1530 Keele St 7,381 SF of Retail Space Available in Toronto, ON M6N 3E9
Highlights
- Freestanding building + large secured lot ? rare operational control in Toronto
- $23.33 PSF on building, yard included ? highly efficient effective rent
- Automotive / fleet / service-ready layout ? minimal conversion cost, fast deployment
- 7,200 SF building + 12,367 SF lot ? strong land-to-building ratio
- Prime exposure on Keele Street + steps from Eglinton LRT ? traffic + future density upside
- Located in a major redevelopment corridor ? long-term land and repositioning value
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,381 SF | Negotiable | $17.04 USD/SF/YR $1.42 USD/SF/MO $125,809 USD/YR $10,484 USD/MO | Full Service |
1st Floor
Prime Keelesdale Auto Shop - 50+ Yr Legacy! Lease & Get Business FREE at this OMVIC-approved, zoned for bodyshop mechanical/repair/body shop. Over 50 years serving auto/truck repairs - instant reputation & clientele, no buy-in needed! Highlights: - 12,367 sq ft lot (fenced) - 7,200 sq ft bldg. (14' ceilings) - 3 drive-in gates-500 sq ft office mezzanine - 22 parking spots (15 out/7 in) - Turnkey for techs - $3800/Y Insurance, Act fast!
- Rate includes 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.
Select Tenants at 1530 Keele St, Toronto, ON M6N 3E9
- Tenant
- Description
- CAN Locations
- Reach
- Future Auto Services
- Services
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Future Auto Services | Services | 1 | - |
Property Facts
| Total Space Available | 7,381 SF | Gross Leasable Area | 7,381 SF |
| Property Type | Retail | Year Built | 1977 |
| Property Subtype | Auto Repair | Parking Ratio | 0.95/1,000 SF |
| Total Space Available | 7,381 SF |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Leasable Area | 7,381 SF |
| Year Built | 1977 |
| Parking Ratio | 0.95/1,000 SF |
About the Property
This is a strong deal structurally and strategically. The rent is $14,000/month ($168K/year), which works out to $23.33 PSF on the 7,200 SF building, with the entire 12,367 SF lot included. In this asset class, rent is calculated on building area, while the yard is bundled as operational upside, which materially improves the economics. On a total usable footprint basis, the effective cost is extremely competitive for a freestanding property on a major arterial, steps from the Eglinton LRT, inside a rapidly intensifying corridor. The value is not retail optics. The value is land control, access, exposure, and future redevelopment positioning. For automotive, fleet, logistics, or service-based operations, this site is operationally efficient, hard to replicate, and strategically well-located.
Nearby Major Retailers
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1530 Keele St
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