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297-299 Queen St E 425 - 5,425 SF of Office/Retail Space Available in Toronto, ON M5A 1S7
HIGHLIGHTS
- Destination retail on main floor for over 20 years.
- Self contained unit - private washrooms - 2 parking spaces.
- Bright open space with hardwood floors and high ceilings! Renovated 2020.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 425 SF | Negotiable | $18.64 USD/SF/YR $1.55 USD/SF/MO $7,920 USD/YR $660.00 USD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 200 | 5,000 SF | Negotiable | $18.64 USD/SF/YR $1.55 USD/SF/MO $93,177 USD/YR $7,765 USD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 5,425 SF of adjacent space
2nd Floor, Ste 200
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 5,425 SF of adjacent space
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 297-299 QUEEN ST E, TORONTO, ON M5A 1S7
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- ARC Document Solutions, Inc.
- Other Services
- 9
- International
- Benjamin Moore
- Paint/Wallpaper
- 160
- International
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| ARC Document Solutions, Inc. | Other Services | 9 | International |
| Benjamin Moore | Paint/Wallpaper | 160 | International |
PROPERTY FACTS
| Total Space Available | 5,425 SF | Gross Leasable Area | 8,641 SF |
| Property Type | Retail | Year Built/Renovated | 1948/2020 |
| Property Subtype | Storefront | Parking Ratio | 0.23/1,000 SF |
| Total Space Available | 5,425 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 8,641 SF |
| Year Built/Renovated | 1948/2020 |
| Parking Ratio | 0.23/1,000 SF |
ABOUT THE PROPERTY
Beautiful bright open space High ceilings Floor to ceiling windows Art Deco staircase Main floor showroom windows Destination retail on main floor Thousands of new residential occupants looking for your products & services IDEAL for: Designers, schools home furnishings & accessories Window coverings Showroom Creative collaborative space Design studio Retail & more!
- 24 Hour Access
- Signage
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
Presented by
RegalPro
297-299 Queen St E
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