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171 King St E 1,710 - 3,748 SF of Retail Space Available in Toronto, ON M5A 1J4
Highlights
- Prominent frontage on King Street East in the heart of the King East Design District.
- Surrounded by established retailers, restaurants, and cultural destinations including St. Lawrence Market and the Distillery District.
- Immediate availability for occupancy, offering a versatile layout suitable for various retail uses.
- High-traffic location with direct access to the King streetcar line and close proximity to the King subway station.
- Within walking distance of Toronto’s Financial Core, ensuring a steady flow of professionals and visitors.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Basement | 1,710 SF | Negotiable | $28.33 USD/SF/YR $2.36 USD/SF/MO $48,437 USD/YR $4,036 USD/MO | Triple Net (NNN) | ||
| 1st Floor | 2,038 SF | Negotiable | $28.33 USD/SF/YR $2.36 USD/SF/MO $57,728 USD/YR $4,811 USD/MO | Triple Net (NNN) |
Basement
171 King Street East offers a prime retail opportunity in Toronto’s vibrant King East Design District. This property features a ground floor retail space complemented by a full basement, providing flexibility for a variety of retail concepts. The location benefits from excellent street frontage along King Street East, ensuring strong visibility and exposure to both pedestrian and vehicular traffic. Situated in a high-traffic corridor, the property is directly on the King streetcar line and within walking distance of the King subway station and Toronto’s Financial Core. The surrounding neighborhood is a dynamic mix of design showrooms, boutique retailers, and popular dining establishments, creating a strong draw for shoppers and professionals alike. Nearby attractions include St. Lawrence Market, George Brown College, Berczy Park, and the Distillery District, all contributing to consistent foot traffic. The property is immediately available, making it an ideal choice for retailers seeking a well-connected, design-focused district in downtown Toronto.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 3,748 SF of adjacent space
1st Floor
171 King Street East offers a prime retail opportunity in Toronto’s vibrant King East Design District. This property features a ground floor retail space complemented by a full basement, providing flexibility for a variety of retail concepts. The location benefits from excellent street frontage along King Street East, ensuring strong visibility and exposure to both pedestrian and vehicular traffic. Situated in a high-traffic corridor, the property is directly on the King streetcar line and within walking distance of the King subway station and Toronto’s Financial Core. The surrounding neighborhood is a dynamic mix of design showrooms, boutique retailers, and popular dining establishments, creating a strong draw for shoppers and professionals alike. Nearby attractions include St. Lawrence Market, George Brown College, Berczy Park, and the Distillery District, all contributing to consistent foot traffic. The property is immediately available, making it an ideal choice for retailers seeking a well-connected, design-focused district in downtown Toronto.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 3,748 SF of adjacent space
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 | 3,748 SF | Gross Leasable Area | 5,849 SF |
| Property Type | Retail | Year Built | 1885 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 3,748 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 5,849 SF |
| Year Built | 1885 |
About the Property
171 King Street East is located in Toronto’s King East Design District, just east of the intersection of King and Jarvis Streets. The property is positioned along a major transit corridor served by the King streetcar line and is within walking distance of the King subway station. The surrounding area includes a mix of retail, dining, and cultural destinations such as St. Lawrence Market, Berczy Park, and the Distillery District. The neighborhood is characterized by heritage architecture and proximity to the Financial Core.
Nearby Major Retailers
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171 King St E
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