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2472 Yonge St 10,910 SF of Retail Space Available in Toronto, ON M4P 2H5
HIGHLIGHTS
- Heavy daytime traffic
- Open plan with mezzanine, liquor license, restaurant infrastructure in place
- Lots of natural light
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 10,910 SF | 12’ | Negotiable | $50.76 USD/SF/YR $4.23 USD/SF/MO $553,835 USD/YR $46,153 USD/MO | Triple Net (NNN) |
1st Floor
Prime retail/commercial space available for lease at 2472 Yonge St in Toronto’s vibrant Yonge and Eglinton corridor. This demised ground-floor unit offers exceptional street presence with large display windows, high ceilings, and excellent visibility in a high-traffic area steps from Eglinton Station and the upcoming Crosstown LRT. Surrounded by national retailers, cafés, and dense residential developments, the space is ideal for retail, restaurant, medical, service, or boutique showroom use. A rare opportunity to establish your business in one of Toronto’s most desirable commercial hubs. Main floor is $70 net, basement is $30 net and mezzanine is $30 net.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space In Need of Renovation
- Anchor Space
- Central Air Conditioning
- Private Restrooms
- Freezer Space
- High Ceilings
- Finished Ceilings: 12’
- Professional Lease
- Ventilation - Venting
- High Ceilings, Lots of Natural Light
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 2472 YONGE ST, TORONTO, ON M4P 2H5
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- CIBO
- Arts, Entertainment, and Recreation
- 2
- Local
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| CIBO | Arts, Entertainment, and Recreation | 2 | Local |
PROPERTY FACTS
| Total Space Available | 10,910 SF | Gross Leasable Area | 10,910 SF |
| Property Type | Retail | Year Built | 1928 |
| Property Subtype | Restaurant |
| Total Space Available | 10,910 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 10,910 SF |
| Year Built | 1928 |
ABOUT THE PROPERTY
Wide Frontage, Former CIBO Restaurant Space
NEARBY MAJOR RETAILERS
Presented by
Area Realty
2472 Yonge St
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