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526 Richmond St 4,155 SF of Office Space Available in Toronto, ON M5A 1R3
SUBLEASE HIGHLIGHTS
- Steps between the King and Queen TTC streetcar/bus routes, and future Moss Park Ontario line station
- Comes with 4 dedicated on-site parking spaces
- Nearby proximity to both the Gardiner Expy and DVP highways
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 4,155 SF | Jul 2035 | Upon Request Upon Request Upon Request Upon Request | TBD |
2nd Floor
Full floor opportunity, built out with a heavy compliment of private workspace. The space features a large reception area, 1 executive office, 10 private offices, large boardroom, and a kitchen area.
- Sublease space available from current tenant
- Mostly Open Floor Plan Layout
- Fits 11 - 34 People
- 10 Private Offices
- Conference Rooms
- Private Restrooms
- Stair access only with private door
- Full floor opportunity
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 526 RICHMOND ST, TORONTO, ON M5A 1R3
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Pasan
- Health Care
- 1
- -
- Tidy's Flowers
- Florist
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Pasan | Health Care | 1 | - |
| Tidy's Flowers | Florist | 1 | - |
PROPERTY FACTS
| Total Space Available | 4,155 SF | Gross Leasable Area | 8,310 SF |
| Property Type | Retail | Year Built | 1953 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.2/1,000 SF |
| Total Space Available | 4,155 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,310 SF |
| Year Built | 1953 |
| Parking Ratio | 1.2/1,000 SF |
NEARBY MAJOR RETAILERS
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526 Richmond St
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