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Highlights

  • Rare leasing opportunity for boutique offices or retail anchor space at The Chelsea Shop, a historic University of Toronto campus landmark.
  • Lease 1,274 SF of premium space with flexible layouts filled with natural light from bay windows, ideal for law, therapy, retail, or wellness use.
  • Access to a robust demographic of 770,000 residents with $45 billion in annual consumer spending and near amenities such as Toroast and Starbucks.
  • Fully renovated in 2016, 386 Huron Street features new heritage-compliant windows, oak flooring, high ceilings, custom trim, and a finished basement.
  • Prime location offers parking and direct access to St. George and Spadina subway stations, within 400 meters and 250 meters from arterial routes.
  • With strong foot traffic, historic charm, and modern amenities, this regularly filmed space stands out for tenants and their brand.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,274 SF
  • 2 Years
  • $34.85 USD/SF/YR $2.90 USD/SF/MO $44,398 USD/YR $3,700 USD/MO
  • Modified Gross
Space Use
Office/Retail
Availability
July 01, 2026

The Chelsea Shop is home to a stable mix of professional tenants, including psychotherapy and wellness practices, offices, and other service-oriented businesses. The building offers a quiet, professional environment well suited to client-facing practices and businesses seeking a well-maintained setting in one of Toronto’s most established neighbourhoods.

  • Listed rate may not include certain utilities, building services and property expenses
  • Mostly Open Floor Plan Layout
  • 1 Private Office
  • Space is in Excellent Condition
  • Anchor Space
  • Central Air Conditioning
  • Private Restrooms
  • Security System
  • Corner Space
  • High Ceilings
  • Secure Storage
  • Natural Light
  • Accent Lighting
  • Basement
  • Open-Plan
  • Hardwood Floors
  • Display Window
  • Smoke Detector
  • Wheelchair Accessible
Space Size Term Rental Rate Rent Type
1st Floor 1,274 SF 2 Years $34.85 USD/SF/YR $2.90 USD/SF/MO $44,398 USD/YR $3,700 USD/MO Modified Gross

1st Floor

Size
1,274 SF
Term
2 Years
Rental Rate
$34.85 USD/SF/YR $2.90 USD/SF/MO $44,398 USD/YR $3,700 USD/MO
Rent Type
Modified Gross
Space Use
Office/Retail
Availability
July 01, 2026

The Chelsea Shop is home to a stable mix of professional tenants, including psychotherapy and wellness practices, offices, and other service-oriented businesses. The building offers a quiet, professional environment well suited to client-facing practices and businesses seeking a well-maintained setting in one of Toronto’s most established neighbourhoods.

  • Listed rate may not include certain utilities, building services and property expenses
  • Mostly Open Floor Plan Layout
  • 1 Private Office
  • Space is in Excellent Condition
  • Anchor Space
  • Central Air Conditioning
  • Private Restrooms
  • Security System
  • Corner Space
  • High Ceilings
  • Secure Storage
  • Natural Light
  • Accent Lighting
  • Basement
  • Open-Plan
  • Hardwood Floors
  • Display Window
  • Smoke Detector
  • Wheelchair Accessible

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.

Matterport 3D Tour

View Virtual Tour of Office Space

Select Tenants at The Chelsea Shop

  • Tenant
  • Description
  • CAN Locations
  • Reach
  • Dr. Chase McMurren
  • Health Care and Social Assistance
  • -
  • -
  • Dr. Maura Ferguson and Associates
  • Health Care and Social Assistance
  • -
  • -
  • Inference Economics
  • Professional, Scientific, and Technical Services
  • -
  • -
  • Manco Operations Inc.
  • Real Estate
  • -
  • -
  • Smiley Boy Productions
  • Arts, Entertainment, and Recreation
  • -
  • -
  • Westwood Creative Artists
  • Other Retail
  • 1
  • Local
Tenant Description CAN Locations Reach
Dr. Chase McMurren Health Care and Social Assistance - -
Dr. Maura Ferguson and Associates Health Care and Social Assistance - -
Inference Economics Professional, Scientific, and Technical Services - -
Manco Operations Inc. Real Estate - -
Smiley Boy Productions Arts, Entertainment, and Recreation - -
Westwood Creative Artists Other Retail 1 Local

Property Facts

Total Space Available 1,274 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 3,163 SF
Year Built/Renovated 1888/2016
Parking Ratio 0.49/1,000 SF

About the Property

The Chelsea Shop at 386 Huron Street is a well-known landmark in Toronto’s Annex area and within the University of Toronto Campus, offering a distinctive blend of historic charm and modern functionality. Formerly a coach house, this meticulously maintained three-story property is now a boutique office space, distinguished by its white facade with black trim and bay windows. Renovated in 2016 to heritage compliance standards, it features custom windows, new doors, oak flooring, and high ceilings, with additional upgrades completed in 2024. The anchor suite spans 1,274 square feet with a 145-square-foot finished basement, ideally suited for supplemental office or storage needs. The space enjoys ample natural light from the expansive bay windows and features beautiful oak floors, decorative crown molding, a fully equipped kitchen, a private rear entrance, and a shared courtyard with the option to lease off-street parking. Flexible configurations include a mix of open concept and private offices, common areas, and creative spaces, supported by security monitoring. This upscale boutique suite welcomes law, psychotherapy, and wellness practices, retail, service-oriented businesses, and luxury office users. Positioned in the heart of the Annex and steps from the University of Toronto, The Chelsea Shop offers unrivaled access to public transit, with St. George and Spadina stations just 400 meters away. Enjoy streamlined commutes, since The Chelsea Shop is located within 250 meters of Spadina Avenue and Bloor Street, two main arterial routes offering seamless connectivity in Toronto. 386 Huron Street sits amid a major pedestrian node, generating substantial foot traffic and within walking distance to local cafes and services, such as Toroast, Booster Juice, and Starbucks. The area’s demographics are exceptional, with over 770,000 residents within 5 kilometers, 67% holding a university degree or higher, and annual consumer spending reaching $45 billion. The neighborhood’s unique character is highlighted by its academic energy, historic architecture, and dynamic market appeal. The Chelsea Shop, a regularly sought-after filming location and a presence within the University of Toronto campus, makes it a popular landmark, guaranteeing visibility. 386 Huron Street presents an unmatched leasing opportunity for occupants seeking a prestigious address with historic character, modern amenities, prime location, and enduring market value.

  • Controlled Access
  • Corner Lot
  • Courtyard
  • Property Manager on Site
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100

Demographics

Demographics

1 Km. 1 Km. 3 Km. 3 Km. 5 Km. 5 Km.
1 KM
3 KM
5 KM
2023 Population
34,297
392,891
770,568
2028 Population
36,154
424,217
824,918
2023-2028 Projected Population Growth
5.4%
8.0%
7.1%
Daytime Employees
17,583
398,111
507,655
Total Businesses
1,757
18,633
28,335
Average Household Income
$170,812
$132,360
$129,003
Median Household Income
$66,526
$68,820
$69,433
Total Consumer Spending
$2B
$19.6B
$35.8B
Median Age
35.9
37.3
38.0
2023 Households
18,068
211,726
395,620
Percent College Degree or Above
52%
49%
45%
$ values in CAD

Nearby Major Retailers

Second Cup Cafe
Starbucks
RBC Royal Bank
Scotiabank
Pita Land
St. Louis Bar & Grill
freshii
Buffalo Wild Wings
Wild Wing
Tim Hortons
  • Listing ID: 39696759

  • Date on Market: 3/7/2026

  • Last Updated:

  • Address: 386 Huron St, Toronto, ON M5S 2G5

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