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489-491 Queen St W 2,159 - 15,105 SF of Space Available in Toronto, ON M5V 2B4
Highlights
- Units ranging from 2,159 SF to 7,252 SF available for lease.
- High ceilings with exposed timber beams.
- Character-rich interiors ideal for creative, professional, and boutique firms.
- Restored 1890 brick and beam construction.
- Large windows providing excellent natural light.
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level, Ste B100 | 7,252 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 101 | 2,159 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 2nd Floor | 3,183 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 2nd Floor, Ste 203 | 2,511 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Lower Level, Ste B100
Unique lower level space with finished open ceiling and polished concrete floor. Direct access by rear stairwell, which provides ample natural light. Landlord is prepared to demolish or turn-key.
- Fully Built-Out as Standard Office
1st Floor, Ste 101
Built out with mix of meeting rooms and open work area. Includes a kitchenette with appliances. Ground floor lobby presence and exposure along Queen St. E.
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
2nd Floor
Built out with mix of offices, meeting rooms, and open area. High quality finishes with glass partitions and barn-doors. Kitchenette with appliances. Bright, airy corner unit with high open ceiling and hardwood floors.
- Fully Built-Out as Standard Office
- Office intensive layout
- Space is in Excellent Condition
2nd Floor, Ste 203
Built out - predominately open concept with two meeting rooms and kitchenette with appliances. High open ceiling, mix of carpet and hardwood floors in open area. Exposed brick, exposed HVAC and beams throughout.
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
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 489-491 Queen St W, Toronto, ON M5V 2B4
- Tenant
- Description
- CAN Locations
- Reach
- City Dance Corps
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- Du/er
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| Tenant | Description | CAN Locations | Reach |
| City Dance Corps | - | 1 | - |
| Du/er | - | 1 | - |
Property Facts
| Total Space Available | 15,105 SF | Gross Leasable Area | 20,182 SF |
| Property Type | Retail | Year Built | 1890 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 15,105 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 20,182 SF |
| Year Built | 1890 |
Features and Amenities
- Bus Line
- Signage
Nearby Major Retailers
Presented by
489-491 Queen St W
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