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Highlights
- Well-established neighborhood.
- Between Bathurst Street and Yonge Street.
- Northern side of Steeles Avenue West.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste Basement - B1 | 4,800 SF | Negotiable | $14.68 USD/SF/YR $1.22 USD/SF/MO $70,474 USD/YR $5,873 USD/MO | Full Service |
398 Steeles Ave W - 2nd Floor - Ste Basement - B1
Basement Unit - Located On The North Side Of Steeles Avenue West, Between Bathurst Street And Yonge Street. Prime Steeles Avenue West Location In Established,
- Rate includes utilities, building services and property expenses
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 398 Steeles Plaza
- Tenant
- Description
- CAN Locations
- Reach
- Cardiomatters
- Health Care
- 2
- Regional
- Hertz
- Auto Rental
- 199
- International
- Thrifty Car Rental
- Auto Rental
- 135
- International
- Vaughan Physiotherapy Clinic
- Health Care and Social Assistance
- 1
- Local
- VPI Working Solutions
- Employment Agency
- 10
- Regional
| Tenant | Description | CAN Locations | Reach |
| Cardiomatters | Health Care | 2 | Regional |
| Hertz | Auto Rental | 199 | International |
| Thrifty Car Rental | Auto Rental | 135 | International |
| Vaughan Physiotherapy Clinic | Health Care and Social Assistance | 1 | Local |
| VPI Working Solutions | Employment Agency | 10 | Regional |
Property Facts
| Total Space Available | 4,800 SF | Frontage | 259’ on Steeles Ave |
| Center Type | Neighborhood Center | Gross Leasable Area | 46,382 SF |
| Parking | 90 Spaces | Total Land Area | 2.99 AC |
| Center Properties | 1 | Year Built | 1987 |
| Total Space Available | 4,800 SF |
| Center Type | Neighborhood Center |
| Parking | 90 Spaces |
| Center Properties | 1 |
| Frontage | 259’ on Steeles Ave |
| Gross Leasable Area | 46,382 SF |
| Total Land Area | 2.99 AC |
| Year Built | 1987 |
About the Property
Situated on the northern side of Steeles Avenue West, between Bathurst Street and Yonge Street, this prime location is nestled in an affluent, well-established neighborhood in Toronto. With convenient access to public transit right at your doorstep and a daily traffic count exceeding 50,000 cars, this property offers immense visibility and accessibility. The space, formerly utilized as a martial arts studio and dance studio, is now available for lease. Please note that cannabis use is not permitted. This versatile space is ideal for various purposes, such as a studio, medical office, or professional workspace.
- Pylon Sign
Nearby Major Retailers
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398 Steeles Plaza | 398 Steeles Ave W
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