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532-538 College St 1,600 SF of Retail Space Available in Toronto, ON M6G 1B1
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 538 | 1,600 SF | Negotiable | $30.14 USD/SF/YR $2.51 USD/SF/MO $48,218 USD/YR $4,018 USD/MO | Triple Net (NNN) |
1st Floor, Ste 538
Prime Commercial Space for Lease – 538 College Street, Toronto Location: Palmerston–Little Italy, just east of Euclid Avenue A high-visibility, walkable location nestled within Little?Italy’s vibrant pulse. Surrounded by cafés, boutiques, studios, and high-density residential, this address benefits from a Walk Score of 98 and proximity to the College streetcar line, major transit routes, and foot traffic magnets. Unit Details: Approximately 1,600?sq?ft of open-concept retail space Recently outfitted for a luxury beauty spa with sophisticated interior finishings, ambient lighting, treatment stations, reception area, and supportive back-of-house layout Heating: Gas forced air; Air conditioning included Utilities: Municipal water, TTC-accessible location Zoning & Infrastructure: Zoned commercial Approximately 18?ft frontage with deep lot (~103?ft) Corner location at College Street & Euclid Avenue provides excellent signage and visibility Business Features: Furnished turnkey beauty/spa business specializing in skincare and services Could continue as established spa operation or be repurposed for retail, office, wellness, or service-based use Nearby Amenities & Foot Traffic Generators: Immediate vicinity includes popular local destinations like GoodLife Fitness, Duff’s Famous Wings, Woodlot restaurant and other draws within walking distance . The neighbourhood sees strong lunchtime and evening pedestrian flow from both residential and cultural foot traffic.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Located in-line with other retail
- Central Air Conditioning
- Heavy Daytime foot traffic
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 532-538 COLLEGE ST, TORONTO, ON M6G 1B1
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- CS Squared
- -
- 1
- -
- Enzo's Barber Shop
- -
- 1
- -
- Little Italy Dental Practice
- MD/DDS
- 1
- -
- Pearl Nail Salon
- -
- -
- -
- Service Ontario
- Other Office
- 90
- Regional
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| CS Squared | - | 1 | - |
| Enzo's Barber Shop | - | 1 | - |
| Little Italy Dental Practice | MD/DDS | 1 | - |
| Pearl Nail Salon | - | - | - |
| Service Ontario | Other Office | 90 | Regional |
PROPERTY FACTS
| Total Space Available | 1,600 SF | Gross Leasable Area | 15,880 SF |
| Property Type | Retail | Year Built | 1989 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,600 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 15,880 SF |
| Year Built | 1989 |
NEARBY MAJOR RETAILERS
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Area Realty
532-538 College St
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