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201 Yonge St 524 - 5,865 SF of Retail Space Available in Toronto, ON M5B 1M4
HIGHLIGHTS
- Notable retailers/attractions nearby: Massey Hall, Mirvish Theatre, Sweat & Tonic, Future Simons, Nike Flagship, Eataly, Cineplex, Shake Shack
- Steps to the underground PATH network and two TTC subway stations (Queen and Dundas).
- Connected to The Massey Tower which comprises of 695 condos.
- Rooftop terrace overlooking Yonge Street with elevator access throughout each level.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,370 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 2nd Floor | 2,971 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 3rd Floor | 524 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Flagship retail in the heart of Downtown Toronto and Yonge Street, directly across from Toronto Eaton Centre (52M visitors, 1.9M SF, avg. sales of $1,500 psf)
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 5,865 SF of adjacent space
- Interconnecting glass staircase between floors.
- Rooftop Terrace
2nd Floor
Flagship retail in the heart of Downtown Toronto and Yonge Street, directly across from Toronto Eaton Centre (52M visitors, 1.9M SF, avg. sales of $1,500 psf)
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 5,865 SF of adjacent space
- Interconnecting glass staircase between floors.
- Rooftop Terrace
3rd Floor
Flagship retail in the heart of Downtown Toronto and Yonge Street, directly across from Toronto Eaton Centre (52M visitors, 1.9M SF, avg. sales of $1,500 psf)
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 5,865 SF of adjacent space
- Interconnecting glass staircase between floors.
- Rooftop Terrace
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 | 5,865 SF | Year Built | 2001 |
| Property Type | Retail | Parking Ratio | 0.34/1,000 SF |
| Gross Leasable Area | 5,865 SF |
| Total Space Available | 5,865 SF |
| Property Type | Retail |
| Gross Leasable Area | 5,865 SF |
| Year Built | 2001 |
| Parking Ratio | 0.34/1,000 SF |
ABOUT THE PROPERTY
201 Yonge Street is a prominent location in downtown Toronto, situated in the heart of the city’s vibrant entertainment and commercial district. This historic address is directly across from the CF Toronto Eaton Centre, one of Canada’s largest and busiest shopping destinations, and is steps away from Yonge-Dundas Square, a hub for live events and cultural activities.
- Signage
NEARBY MAJOR RETAILERS
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201 Yonge St
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