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584 Bloor St W 4,300 SF of Retail Space Available in Toronto, ON M6G 1K4
HIGHLIGHTS
- Excellent street exposure in high-traffic, high-density commercial/residential area
- Close to TTC and Mirvish Village development
- Fully built-out as a restaurant with loyal customer base
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,300 SF | 3-5 Years | $46.59 USD/SF/YR $3.88 USD/SF/MO $200,330 USD/YR $16,694 USD/MO | Triple Net (NNN) |
1st Floor
Don't miss out on this prime retail/restaurant space for lease! This is a rare opportunity to secure a high-visibility location in a prime Toronto neighborhood. The space is currently built-out as a popular restaurant and includes the main and lower floors. With a fully built-out commercial kitchen, it is ready for a new operator. The space is not limited to retail, restaurant, or institutional use—it can be converted to any permitted use.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Central Air Conditioning
- Private Restrooms
- Corner Space
- Basement
- Incredible street exposure at Bloor St and Markham
- Top Walk Score, across from Bathurst TTC Station
- Surrounded by trendy shops, cafes, and restaurants
- Suited to a variety of uses
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 584 BLOOR ST W, TORONTO, ON M6G 1K4
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Arisu
- Retailer
- 1
- -
- James Lee
- -
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Arisu | Retailer | 1 | - |
| James Lee | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 4,300 SF | Gross Leasable Area | 4,300 SF |
| Property Type | Retail | Year Built | 1979 |
| Property Subtype | Restaurant |
| Total Space Available | 4,300 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,300 SF |
| Year Built | 1979 |
ABOUT THE PROPERTY
The property is located in one of Toronto’s most vibrant neighborhoods, home to successful business professionals, artists, and University of Toronto students. Across the street, the Mirvish Village Development is in its final stages, significantly increasing density and customer base. Directly across from Mirvish Village, a massive redevelopment by Westbank featuring, 900+ Purpose-Built Rental Homes, over 200,000 SF of retail & creative workspace, and 30 million visitors annually. Formerly a McDonald’s, it is now a trendy Japanese restaurant popular among celebrities and professionals.
- Bus Line
- Commuter Rail
- Corner Lot
- Metro/Subway
- Restaurant
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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584 Bloor St W
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