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242-250 Carlton St 935 SF of Retail Space Available in Toronto, ON M5A 2L1
Highlights
- Street-level retail storefront offering high ceilings and exposed brick interiors.
- One on-site parking space included for tenant use.
- Close access to TTC transit lines and major downtown corridors.
- Strong visibility and foot traffic in the established Cabbagetown district.
- Surrounded by dense residential neighborhoods and local businesses.
- Suitable for food service, specialty retail, or other neighborhood-serving concepts.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 935 SF | 5 Years | $49.63 USD/SF/YR $4.14 USD/SF/MO $46,400 USD/YR $3,867 USD/MO | Plus Electric |
1st Floor
This retail storefront is located on Carlton Street in Toronto’s vibrant Cabbagetown-South St. James Town neighborhood, an area recognized for its strong mix of historic character and daily pedestrian activity. The site enjoys significant visibility on a well-trafficked corridor near the intersection of Carlton and Parliament, surrounded by dense residential communities and complemented by nearby restaurants, boutique retailers, and essential services. The available space offers a bright street-level layout featuring soaring ceilings and exposed brick walls, with a private entrance and washroom. Tenants benefit from close proximity to multiple TTC routes and easy access to major Toronto thoroughfares, enabling convenient connectivity to Downtown Toronto and beyond. One parking stall is included, a distinct advantage in this urban setting. A variety of uses such as coffee shop, bakery, restaurant, or retail store are suitable for this location.
- Listed lease rate plus proportional share of electrical cost
- One dedicated parking stall at rear of property.
- Prominent frontage on Carlton Street
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 242-250 Carlton St, Toronto, ON M5A 2L1
- Tenant
- Description
- CAN Locations
- Reach
- Daniel et Daniel Catering & Events
- Specialty Foods
- 1
- Local
- Labour Of Love Boutique Inc
- Retailer
- 1
- -
- Reinhart & McMillan
- Salon/Barber/Spa
- 1
- -
- Revolt Hairshop
- Salon/Barber/Spa
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Daniel et Daniel Catering & Events | Specialty Foods | 1 | Local |
| Labour Of Love Boutique Inc | Retailer | 1 | - |
| Reinhart & McMillan | Salon/Barber/Spa | 1 | - |
| Revolt Hairshop | Salon/Barber/Spa | 1 | - |
Property Facts
| Total Space Available | 935 SF | Gross Leasable Area | 10,423 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.58/1,000 SF |
| Total Space Available | 935 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,423 SF |
| Year Built | 1900 |
| Parking Ratio | 0.58/1,000 SF |
About the Property
The property is located in Cabbagetown-South St. James Town near the intersection of Carlton Street and Parliament Street in Toronto. The site offers retail frontage on a busy urban corridor with regular pedestrian and vehicle traffic, supported by surrounding residential density and mixed-use development. Public transit lines, including TTC services, are accessible nearby. The location is within the downtown core with proximity to Sherbourne and College subway stations and arterial routes connecting through Toronto’s central neighborhoods.
- Bus Line
Nearby Major Retailers
Presented by
Marvin Quan
242-250 Carlton St
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