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Highlights

  • Street-level retail space with full glass storefront for maximum visibility and natural light.
  • Located in a busy downtown corridor near University Avenue and Dundas Street West.
  • Surrounded by institutional, office, and residential developments, enhancing customer base.
  • Open layout suitable for retail, service, or office uses, subject to zoning.
  • High pedestrian traffic and close proximity to TTC and major downtown destinations.
  • Fully air-conditioned with forced air heating and municipal water service.

Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 203
  • 600 SF
  • Negotiable
  • $11.69 USD/SF/YR $0.97 USD/SF/MO $7,012 USD/YR $584.34 USD/MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

This retail space for lease is located at 203 Dundas Street West, near University Avenue in downtown Toronto. The unit offers approximately 600 sq. ft. of street-level retail space with a full glass storefront, providing excellent visibility and abundant natural light. Its open layout can accommodate a variety of retail, service, or office uses, subject to zoning and municipal approvals. Situated in a busy downtown corridor, the property benefits from strong pedestrian activity and convenient access to public transit. The location is within walking distance to major institutions, office buildings, residential towers, and surrounding commercial amenities.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air and Heating
  • Display Window
  • 1st Floor, Ste 209-D
  • 400 SF
  • Negotiable
  • $7.30 USD/SF/YR $0.61 USD/SF/MO $2,922 USD/YR $243.47 USD/MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Prime restaurant space available for lease in the heart of downtown Toronto at Dundas St W & University Ave. Partial restaurant infrastructure in place but not fully equipped. The operator will be responsible for adapting the space and installing any additional equipment required for their concept.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Central Air and Heating
  • Kitchen
  • Features a 19 foot commercial ventilation hood.
  • Walk-in cooler.
  • Bar/serving counter.
  • Seating area.
  • Two washrooms shared among tenants.
Space Size Term Rental Rate Rent Type
1st Floor, Ste 203 600 SF Negotiable $11.69 USD/SF/YR $0.97 USD/SF/MO $7,012 USD/YR $584.34 USD/MO Triple Net (NNN)
1st Floor, Ste 209-D 400 SF Negotiable $7.30 USD/SF/YR $0.61 USD/SF/MO $2,922 USD/YR $243.47 USD/MO Triple Net (NNN)

1st Floor, Ste 203

Size
600 SF
Term
Negotiable
Rental Rate
$11.69 USD/SF/YR $0.97 USD/SF/MO $7,012 USD/YR $584.34 USD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

This retail space for lease is located at 203 Dundas Street West, near University Avenue in downtown Toronto. The unit offers approximately 600 sq. ft. of street-level retail space with a full glass storefront, providing excellent visibility and abundant natural light. Its open layout can accommodate a variety of retail, service, or office uses, subject to zoning and municipal approvals. Situated in a busy downtown corridor, the property benefits from strong pedestrian activity and convenient access to public transit. The location is within walking distance to major institutions, office buildings, residential towers, and surrounding commercial amenities.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air and Heating
  • Display Window

1st Floor, Ste 209-D

Size
400 SF
Term
Negotiable
Rental Rate
$7.30 USD/SF/YR $0.61 USD/SF/MO $2,922 USD/YR $243.47 USD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Prime restaurant space available for lease in the heart of downtown Toronto at Dundas St W & University Ave. Partial restaurant infrastructure in place but not fully equipped. The operator will be responsible for adapting the space and installing any additional equipment required for their concept.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Central Air and Heating
  • Kitchen
  • Features a 19 foot commercial ventilation hood.
  • Walk-in cooler.
  • Bar/serving counter.
  • Seating area.
  • Two washrooms shared among tenants.

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 203-209 Dundas St W, Toronto, ON M5G 1Z8

  • Tenant
  • Description
  • CAN Locations
  • Reach
  • Rolltation
  • Restaurant
  • 2
  • Regional
  • Vape Ocean
  • Tobacco
  • 1
  • Local
  • Yeondon Ball Katsu
  • Restaurant
  • 3
  • International
Tenant Description CAN Locations Reach
Rolltation Restaurant 2 Regional
Vape Ocean Tobacco 1 Local
Yeondon Ball Katsu Restaurant 3 International

Property Facts

Total Space Available 1,000 SF
Property Type Retail
Property Subtype Storefront Retail/Residential
Gross Leasable Area 4,800 SF
Year Built 1910
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Fit4Less
Timothy's World Coffee
Tim Hortons
Starbucks
Royal Bank of Canada
CIBC
BMO Bank of Montreal
TD Canada Trust
Scotiabank
Thai Express
  • Listing ID: 39763290

  • Date on Market: 3/13/2026

  • Last Updated:

  • Address: 203-209 Dundas St W, Toronto, ON M5G 1Z8

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