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Gourmet City 3101 Kennedy Rd 292 - 2,762 SF of Retail Space Available in Toronto, ON M1V 4Y1
Highlights
- High visibility
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste A10 | 1,443 SF | 20’ | 1-10 Years | $25.60 USD/SF/YR $2.13 USD/SF/MO $36,940 USD/YR $3,078 USD/MO | Triple Net (NNN) | |
| 1st Floor, Ste A11 | 735 SF | 20’ | 1-10 Years | $25.60 USD/SF/YR $2.13 USD/SF/MO $18,815 USD/YR $1,568 USD/MO | Triple Net (NNN) | |
| Mezzanine, Ste A10 | 292 SF | 20’ | 1-10 Years | $25.60 USD/SF/YR $2.13 USD/SF/MO $7,475 USD/YR $622.91 USD/MO | Triple Net (NNN) | |
| Mezzanine, Ste A11 | 292 SF | 20’ | 1-10 Years | $25.60 USD/SF/YR $2.13 USD/SF/MO $7,475 USD/YR $622.91 USD/MO | Triple Net (NNN) |
1st Floor, Ste A10
Zoning/developer does not allow for sit-down restaurant use
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 2,762 SF of adjacent space
- Finished Ceilings: 20’
- Fantastic location
1st Floor, Ste A11
Zoning/developer does not allow for sit-down restaurant use
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 2,762 SF of adjacent space
- Finished Ceilings: 20’
- Fantastic location
Mezzanine, Ste A10
Zoning/developer does not allow for sit-down restaurant use
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 2,762 SF of adjacent space
- Finished Ceilings: 20’
- Fantastic location
Mezzanine, Ste A11
Zoning/developer does not allow for sit-down restaurant use
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 2,762 SF of adjacent space
- Finished Ceilings: 20’
- Fantastic location
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.
Property Facts
| Total Space Available | 2,762 SF | Gross Leasable Area | 13,488 SF |
| Property Type | Retail | Year Built | 2025 |
| Property Subtype | Storefront | Parking Ratio | 10.84/1,000 SF |
| Total Space Available | 2,762 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 13,488 SF |
| Year Built | 2025 |
| Parking Ratio | 10.84/1,000 SF |
About the Property
This newly constructed (2025) one-story retail/condominium building provides approximately 13,488 sq ft of space on a 3.8-acre lot along a busy node at Kennedy Road and McNicoll Avenue in Scarborough. The development, branded as “Gourmet City,” offers high visibility with a parking allocation of roughly 10.8 spaces per 1,000 sq ft and zoning classified as E (Employment), supporting a mix of retail and service uses. One unit of about 1,026 sq ft is currently listed for sale, making this site suitable for owner-occupants or investor-users seeking a modern, highly accessible retail investment in the east Toronto market.
- Bus Line
- Air Conditioning
Nearby Major Retailers
Presented by
Ling Liu
Gourmet City | 3101 Kennedy Rd
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