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252-260 Queen St W 10,255 SF of 4-Star Office Space Available in Toronto, ON M5T 2X9
HIGHLIGHTS
- Easy access to Spadina Streetcar & Union Station
- Furniture can potentially be made available
- The property is also easily accessible from other parts of the city via the Queen Street streetcar
- Large windows allowing ample natural light
- Parking available
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 3rd Floor | 10,255 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
3rd Floor
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 26 - 83 People
- 1 Conference Room
- Space is in Excellent Condition
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 252-260 QUEEN ST W, TORONTO, ON M5T 2X9
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Holy Cow Steakhouse
- Restaurant
- 1
- -
- Members Only Waffle House
- Restaurant
- 1
- -
- Shoppers Drug Mart
- Drug Store
- 1,842
- National
- Snap Travel
- Information
- 1
- Local
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Holy Cow Steakhouse | Restaurant | 1 | - |
| Members Only Waffle House | Restaurant | 1 | - |
| Shoppers Drug Mart | Drug Store | 1,842 | National |
| Snap Travel | Information | 1 | Local |
PROPERTY FACTS
| Total Space Available | 10,255 SF | Gross Leasable Area | 48,000 SF |
| Property Type | Retail | Year Built | 1907 |
| Total Space Available | 10,255 SF |
| Property Type | Retail |
| Gross Leasable Area | 48,000 SF |
| Year Built | 1907 |
ABOUT THE PROPERTY
Queen Street West has experienced significant change over the last decade, with scores of new mid-rise and high-rise residential projects and new-to-market retail entrants driving greater traffic to the node. Many recent transactions are setting new rental benchmarks after a brief lull from the pandemic. The vast number of high- and mid-rise condo developments in the immediate area, increased tourism, and return to office habits continue to fuel the growth of this bustling retail corridor. The upcoming new Metrolinx Ontario Line is set to further benefit the neighborhood by creating an all-new transit hub along Queen West, aligning with the City of Toronto’s policy to develop higher-density housing near major transit. With the Downtown West node expected to be among the fastest growing neighborhoods in Canada, the retail market will continue to exhibit strength. This density has led to a substantial increase in pedestrian and vehicular traffic, which has attracted national and international retailers—including flagship stores from MEC, Zara, lululemon, Adidas, and Aritzia, among many others. The property is situated on the north side of Queen Street West, just west of John Street. It is also in close proximity to several other key neighborhoods, including the Entertainment District, and the Fashion District—trendy, revitalized areas known for their growing mix of restaurants, bars, and retail stores. The property is also easily accessible from other parts of the city via the Queen Street streetcar
- Metro/Subway
- Signalized Intersection
NEARBY MAJOR RETAILERS
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252-260 Queen St W
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