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Highlights

  • Second-floor sublease opportunity above Pizza Karachi.
  • Benefits from consistent traffic generated by a popular destination business.
  • Located within an established and active commercial setting.
  • Affordable opportunity within a recognizable commercial location.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 2nd Floor, Ste C104 & C105
  • 2,000 SF
  • Negotiable
  • $33.17 USD/SF/YR $2.76 USD/SF/MO $66,348 USD/YR $5,529 USD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

Take advantage of this excellent sublease opportunity located on the second floor above Pizza Karachi, a well-established and popular destination that attracts consistent customer traffic. The unit benefits from its association with a recognizable local business and offers an excellent opportunity for tenants seeking a conveniently located space with strong surrounding activity and visibility. The tenant will be responsible for 20% of the property's utility costs. The stated area of approximately 2,000 square feet is an estimate and should be independently verified by the prospective tenant. This is a great opportunity to secure an affordable commercial space in an established and active location.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
Space Size Term Rental Rate Rent Type
2nd Floor, Ste C104 & C105 2,000 SF Negotiable $33.17 USD/SF/YR $2.76 USD/SF/MO $66,348 USD/YR $5,529 USD/MO Triple Net (NNN)

2nd Floor, Ste C104 & C105

Size
2,000 SF
Term
Negotiable
Rental Rate
$33.17 USD/SF/YR $2.76 USD/SF/MO $66,348 USD/YR $5,529 USD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

Take advantage of this excellent sublease opportunity located on the second floor above Pizza Karachi, a well-established and popular destination that attracts consistent customer traffic. The unit benefits from its association with a recognizable local business and offers an excellent opportunity for tenants seeking a conveniently located space with strong surrounding activity and visibility. The tenant will be responsible for 20% of the property's utility costs. The stated area of approximately 2,000 square feet is an estimate and should be independently verified by the prospective tenant. This is a great opportunity to secure an affordable commercial space in an established and active location.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

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 Building C

  • Tenant
  • Description
  • CAN Locations
  • Reach
  • Affy's Premium Grill
  • Restaurant
  • 2
  • International
  • chaiiwala
  • Coffee
  • 12
  • International
  • Oakpark Mortgage Group
  • Other Office
  • 1
  • Local
  • Trendy Nisa Modest Wear
  • Ladies' Apparel
  • 1
  • Local
  • World Class Realty Point
  • Real Estate
  • 2
  • Local
Tenant Description CAN Locations Reach
Affy's Premium Grill Restaurant 2 International
chaiiwala Coffee 12 International
Oakpark Mortgage Group Other Office 1 Local
Trendy Nisa Modest Wear Ladies' Apparel 1 Local
World Class Realty Point Real Estate 2 Local

Property Facts

Total Space Available 2,000 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 24,258 SF
Year Built 2013
Parking Ratio 4.94/1,000 SF

About the Property

Positioned within an established commercial setting, the premises provide a practical option for a variety of professional, service-oriented, educational, wellness, and office users seeking an affordable occupancy solution. The location's connection to a popular ground-floor business contributes to ongoing exposure and customer familiarity, while the upper-level setting offers a functional environment for daily operations.

  • Air Conditioning
Moderately walkable
60/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
60/100

Nearby Major Retailers

RBC Royal Bank
East Side Mario's
Five Guys
Metro
Tim Hortons
F45 Training, Inc.
Starbucks
Adonis
CIBC
Scotiabank
  • Listing ID: 41495264

  • Date on Market: 7/30/2026

  • Last Updated:

  • Address: 55 Lebovic Ave, Toronto, ON M1L 4W1

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