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42 Gladstone Ave 2,619 SF of Office/Retail Space Available in Toronto, ON M6J 3K2
HIGHLIGHTS
- Surrounded by top-tier hospitality and retail destinations.
- Steps from future King-Liberty GO Station for enhanced transit access.
- Located in West Queen West, Toronto’s creative and cultural hub.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 2,619 SF | Negotiable | $20.11 USD/SF/YR $1.68 USD/SF/MO $52,666 USD/YR $4,389 USD/MO | Triple Net (NNN) |
2nd Floor
This second-floor space combines architectural charm with strategic location advantages, offering tenants a compelling blend of style, convenience, and community energy. This 2,619 sq. ft. open-concept suite features 10.5-foot ceilings (9.5 feet to beam) and abundant natural light, making it ideal for creative offices, boutique retail, wellness, or studio concepts seeking character and visibility.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Open Floor Plan Layout
- Fits 7 - 21 People
- Space is in Excellent Condition
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 42 GLADSTONE AVE, TORONTO, ON M6J 3K2
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Shark Teeth Films
- Information
- 1
- -
- Smythe
- Administrative and Support Services
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Shark Teeth Films | Information | 1 | - |
| Smythe | Administrative and Support Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,619 SF | Gross Leasable Area | 9,420 SF |
| Property Type | Retail | Year Built | 1953 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 2,619 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 9,420 SF |
| Year Built | 1953 |
ABOUT THE PROPERTY
Located in the heart of Toronto’s West Queen West, 42 Gladstone Avenue is in one of the city’s most vibrant and culturally rich neighborhoods. The property is surrounded by high-traffic destinations including the Gladstone Hotel, The Drake Hotel, Metro Grocery, Starbucks, and Cold Tea, ensuring consistent pedestrian flow and brand exposure. The area is a magnet for Toronto’s creative class, with a dynamic mix of independent fashion retailers, vintage shops, and boutique hospitality venues. Just minutes from Liberty Village and Parkdale, the location benefits from proximity to two of Toronto’s most eclectic and rapidly growing communities. The future King-Liberty SmartTrack GO Station, only a 7-minute walk away, will further enhance connectivity to Union Station and Bloor Street West, making this address even more accessible for employees and customers alike.
NEARBY MAJOR RETAILERS
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42 Gladstone Ave
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