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388-392 Keele St 796 - 2,543 SF of Retail Space Available in Toronto, ON M6P 2K9
HIGHLIGHTS
- Located at the high-traffic corner of Dundas and Keele.
- Adjacent to public parking for customer convenience.
- Possession available Q2 2026 for tenant fit-out.
- Flexible unit configurations with basement storage.
- Surrounded by cafés, boutiques, and cultural venues.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 923 SF | Negotiable | $28.80 USD/SF/YR $2.40 USD/SF/MO $26,581 USD/YR $2,215 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 2 | 796 SF | Negotiable | $28.80 USD/SF/YR $2.40 USD/SF/MO $22,924 USD/YR $1,910 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 3 | 824 SF | Negotiable | $28.80 USD/SF/YR $2.40 USD/SF/MO $23,730 USD/YR $1,978 USD/MO | Triple Net (NNN) |
1st Floor, Ste 1
Also has a 525 square foot basement with storage. This collection of three ground-floor units, each with dedicated basement space, is ideally suited for boutique retailers, cafés, bistros, or service-oriented businesses seeking high visibility and walkable access in one of the city’s most dynamic urban districts. Tenants have the option to lease individual units or combine them for a larger footprint.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 2,543 SF of adjacent space
1st Floor, Ste 2
Also has a 851 square foot basement. This collection of three ground-floor units, each with dedicated basement space, is ideally suited for boutique retailers, cafés, bistros, or service-oriented businesses seeking high visibility and walkable access in one of the city’s most dynamic urban districts. Tenants have the option to lease individual units or combine them for a larger footprint.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 2,543 SF of adjacent space
1st Floor, Ste 3
Also has a 380 square foot basement with storage. This collection of three ground-floor units, each with dedicated basement space, is ideally suited for boutique retailers, cafés, bistros, or service-oriented businesses seeking high visibility and walkable access in one of the city’s most dynamic urban districts. Tenants have the option to lease individual units or combine them for a larger footprint.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 2,543 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 388-392 KEELE ST, TORONTO, ON M6P 2K9
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- M3C Demolitions
- Retailer
- 1
- Local
- Toronto Photo Booth Company
- Professional, Scientific, and Technical Services
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| M3C Demolitions | Retailer | 1 | Local |
| Toronto Photo Booth Company | Professional, Scientific, and Technical Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,543 SF | Gross Leasable Area | 6,386 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 1.25/1,000 SF |
| Total Space Available | 2,543 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 6,386 SF |
| Year Built | 1900 |
| Parking Ratio | 1.25/1,000 SF |
ABOUT THE PROPERTY
Positioned at the vibrant intersection of Dundas Street West and Keele Street, 388–392 Keele Street offers a rare opportunity to lease retail space in the heart of Toronto’s Junction neighborhood. The property is directly adjacent to a Green P public parking lot, ensuring convenient access for customers and staff. With possession available in Q2 2026, the space is primed for tenant customization and build-out. The Junction is celebrated for its blend of historic charm and modern energy, attracting a diverse mix of residents and visitors. Surrounded by independent retailers, craft breweries, and cultural venues, the area offers a rich ecosystem for businesses to thrive. Public transit options are abundant, and the neighborhood’s reputation for creativity and community engagement makes it a magnet for foot traffic and local loyalty.
- Bus Line
NEARBY MAJOR RETAILERS
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388-392 Keele St
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