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2979-3001 Islington Ave 2,000 SF of Retail Space Available in Toronto, ON M9L 2K9
Sublease Highlights
- Surrounded by dense residential neighborhoods and local amenities.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000 SF | Jul 2028 | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Available space is located within an established neighborhood commercial plaza offering retail and office tenancy opportunities. The property features surface parking, signage exposure, and convenient access from Islington Avenue. The plaza's location within a busy community shopping node supports a wide range of commercial and service-oriented uses.
- Sublease space available from current tenant
- Fully Built-Out as Standard Retail Space
- Central Air Conditioning
- Suitable for retail, professional offices
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 2979-3001 Islington Ave, Toronto, ON M9L 2K9
- Tenant
- Description
- CAN Locations
- Reach
- 3 J's Milk & Variety
- -
- 1
- -
- 4U Milk Variety
- -
- 1
- -
- Iniya's Kitchen
- -
- 1
- -
- Nav Durga Hindu Center
- -
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| 3 J's Milk & Variety | - | 1 | - |
| 4U Milk Variety | - | 1 | - |
| Iniya's Kitchen | - | 1 | - |
| Nav Durga Hindu Center | - | 1 | - |
Property Facts
| Total Space Available | 2,000 SF | Total Land Area | 3.00 AC |
| Property Type | Retail | Year Built | 1967 |
| Gross Leasable Area | 8,942 SF | Parking Ratio | 2.24/1,000 SF |
| Total Space Available | 2,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 8,942 SF |
| Total Land Area | 3.00 AC |
| Year Built | 1967 |
| Parking Ratio | 2.24/1,000 SF |
About the Property
2979-3001 Islington Avenue is a multi-tenant retail and office property located in Toronto's Humber Summit neighborhood. The plaza contains approximately 8,942 square feet of gross leasable area and was constructed in 1967. Property features include surface parking, tenant signage opportunities, and frontage along Islington Avenue. The location benefits from strong neighborhood visibility and proximity to community services, including the Humber Summit Branch of the Toronto Public Library.
- Signage
Nearby Major Retailers
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2979-3001 Islington Ave
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