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406 Roncesvalles Ave 2,377 SF of Retail Space Available in Toronto, ON M6R 2M9
HIGHLIGHTS
- Prime Roncesvalles location with 27 ft frontage.
- Separate rear entrance plus unfinished basement for storage or utility needs.
- Highly visible location with high street traffic.
- Steps from the historic Revue Cinema and surrounded by thriving local businesses.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,377 SF | 1-10 Years | $23.49 USD/SF/YR $1.96 USD/SF/MO $55,835 USD/YR $4,653 USD/MO | Triple Net (NNN) |
1st Floor
Rare, Spacious Storefront Opportunity in the Heart of Roncesvalles! This standalone building offers 2,377 sqft of ground-floor retail space, plus an additional 740 sqft unfinished basement for storage. With an impressive 27 feet of frontage, its located just a few doors down from the historic Revue Cinema. The building has been extensively updated and is ready for your next business venture. The main floor boasts a bright, open retail area, beautifully renovated with exposed brick and modern light fixtures, adding charm and character. At the rear, you'll find a spacious, contemporary area featuring soaring ceilings and polished concrete floors perfect for an office or studio. This section of the space also comes with its own separate entrance, accessible via the side of the building and still accessible from Roncesvalles. With it's unique layout and multiple entrances, the space is highly versatile and could easily be subdivided to accommodate multiple complementary businesses under one roof. **** EXTRAS **** $9.80/sqft TMI, hydro separate metered and % of waster and gas based on type of business.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Basement
- Versatile layout, separate entrance
- 740 Sf unfinished Basement
- Bright, Open Space
- Exposed brick and modern light fixtures
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 | 2,377 SF | Gross Leasable Area | 3,568 SF |
| Property Type | Retail | Year Built | 1906 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 2,377 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,568 SF |
| Year Built | 1906 |
ABOUT THE PROPERTY
This rare storefront opportunity in the heart of Roncesvalles offers a spacious, fully updated standalone building. The main floor features an open and bright retail area with charming exposed brick walls, modern light fixtures, and a clean, welcoming atmosphere. At the rear, a contemporary section with soaring ceilings and polished concrete floors provides an ideal space for an office, studio, or additional retail. The versatile layout, with multiple entrances, allows for the possibility of subdividing the space for multiple businesses. A separate entrance at the rear offers easy access and additional flexibility. The property also includes an unfinished basement for added storage or utility needs. With its prime location just steps from the historic Revue Cinema and surrounded by bustling businesses, this property offers excellent visibility and foot traffic. Ideal for a variety of uses, it is ready for your business to thrive in a vibrant, community-driven neighborhood.
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NEARBY MAJOR RETAILERS
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406 Roncesvalles Ave
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