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Gloucester Mews 601-613 Yonge St 700 - 1,800 SF of Retail Space Available in Toronto, ON M4Y 1Z5
Highlights
- Rare corner retail with patio potential in Downtown Yonge.
- Steps from two major subway stations with 24/7 foot traffic.
- Landlord open to long-term lease and basement storage options.
- High ceilings and excellent signage for strong brand presence.
- Surrounded by national retailers and dense residential towers.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 601 | 1,100 SF | Negotiable | $61.26 USD/SF/YR $5.11 USD/SF/MO $67,388 USD/YR $5,616 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 603 | 700 SF | Negotiable | $71.26 USD/SF/YR $5.94 USD/SF/MO $49,883 USD/YR $4,157 USD/MO | Triple Net (NNN) |
1st Floor, Ste 601
The available units range from 700 to 1,800 square feet and can be leased individually or combined. Each space features soaring ceiling heights, excellent branding potential, and the rare option for patio use—ideal for food, beverage, or lifestyle concepts. The landlord is open to long-term lease commitments and can provide basement or storage space if needed.
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 1,800 SF of adjacent space
1st Floor, Ste 603
The available units range from 700 to 1,800 square feet and can be leased individually or combined. Each space features soaring ceiling heights, excellent branding potential, and the rare option for patio use—ideal for food, beverage, or lifestyle concepts. The landlord is open to long-term lease commitments and can provide basement or storage space if needed.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 1,800 SF of adjacent space
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 Gloucester Mews
- Tenant
- Description
- CAN Locations
- Reach
- Ares Consulting Service
- Other Services
- 1
- -
- Balmoro's Fresh Pasta to Go
- Services
- -
- -
- Bootmaster
- Shoes
- 1
- Local
- Dal Moro's Fresh Pasta To Go
- Restaurant
- 2
- Local
- Expo Cruises & Tours Inc
- Services
- 1
- -
- Noble Caplan Abrams
- Educational Services
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Ares Consulting Service | Other Services | 1 | - |
| Balmoro's Fresh Pasta to Go | Services | - | - |
| Bootmaster | Shoes | 1 | Local |
| Dal Moro's Fresh Pasta To Go | Restaurant | 2 | Local |
| Expo Cruises & Tours Inc | Services | 1 | - |
| Noble Caplan Abrams | Educational Services | 1 | - |
Property Facts
| Total Space Available | 1,800 SF | Gross Leasable Area | 20,970 SF |
| Property Type | Retail | Year Built | 1990 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 20,970 SF |
| Year Built | 1990 |
About the Property
Positioned at one of Toronto’s most dynamic intersections, 601–603 Yonge Street offers a rare opportunity to lease highly visible corner retail in the heart of Downtown Yonge. This vibrant corridor is Toronto’s most accessible retail and entertainment district, served by five subway stations and surrounded by nonstop pedestrian traffic. The property is just steps from both Bloor-Yonge and Wellesley subway stations, ensuring unmatched connectivity. Neighbouring tenants include Neo Coffee Bar, Shoppers Drug Mart, RBC, Hone Fitness, and Popeye’s Chicken, creating a strong co-tenancy mix that draws consistent foot traffic. The area is also experiencing explosive residential growth, with over 21,000 new condo units under construction or proposed within walking distance, further enhancing the customer base. This is a high-impact retail location in a market with limited availability, making it a strategic choice for brands seeking visibility, volume, and vibrancy.
Nearby Major Retailers
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Gloucester Mews | 601-613 Yonge St
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