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619-623 Yonge St 4,408 SF of Retail Space Available in Toronto, ON M4Y 1Z5
Highlights
- Suitable for a variety of retailers.
- Steps to major subway stations.
- Located along Line 1 of the TTC subway system.
- The landlord will be repainting the building facade.
- Located in the heart of Toronto's retail scene.
- Serviced by five subway stations.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 621 | 4,408 SF | Negotiable | $35.68 USD/SF/YR $2.97 USD/SF/MO $157,265 USD/YR $13,105 USD/MO | Triple Net (NNN) |
1st Floor, Ste 621
621 Yonge Street offers a retail leasing opportunity in Toronto's Downtown Yonge district, one of the city's most active retail, entertainment, and tourist corridors. Positioned between Bloor Street and Wellesley Street, the property benefits from frontage along Yonge Street and access to a dense mix of retail, restaurant, service, residential, and institutional uses. The space is suitable for a variety of retail concepts and is available for immediate occupancy. The property is located within walking distance of both Bloor-Yonge and Wellesley subway stations, providing connectivity to Toronto's transit network. Downtown Yonge serves as a major destination for residents, workers, students, and visitors, with nearby attractions including Yonge-Dundas Square, the Toronto Eaton Centre, and Toronto Metropolitan University. The area is supported by extensive transit infrastructure, multiple subway stations, and numerous bus and streetcar routes. The surrounding neighborhood continues to experience significant residential growth, with numerous condominium projects under construction and in planning stages throughout the Yonge Street corridor. This ongoing development is expected to add thousands of new residential units to the area, supporting long-term consumer demand and pedestrian traffic. Nearby businesses and amenities include Shoppers Drug Mart, LCBO, Tim Hortons, McDonald's, Chick-fil-A, Nike, H Mart, Rogers, Scotiabank, and a broad selection of restaurants and service providers.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Display Window
- Suitable for a variety of retailers
- Landlord will repaint the building facade
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 619-623 Yonge St, Toronto, ON M4Y 1Z5
- Tenant
- Description
- CAN Locations
- Reach
- Cosmetic World
- Retailer
- 1
- -
- Dance LifeX
- Services
- 1
- -
- Dynamic Conditioning Centre
- Fitness
- 1
- -
- Raymac
- Public Administration
- 1
- -
- Theatrics Plus
- -
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Cosmetic World | Retailer | 1 | - |
| Dance LifeX | Services | 1 | - |
| Dynamic Conditioning Centre | Fitness | 1 | - |
| Raymac | Public Administration | 1 | - |
| Theatrics Plus | - | 1 | - |
Property Facts
| Total Space Available | 4,408 SF | Gross Leasable Area | 13,100 SF |
| Property Type | Retail | Year Built | 1928 |
| Property Subtype | Storefront |
| Total Space Available | 4,408 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 13,100 SF |
| Year Built | 1928 |
About the Property
621 Yonge Street is a retail property located in Toronto, Ontario. The property is positioned between Bloor Street and Wellesley Street and is within walking distance of Bloor-Yonge and Wellesley subway stations. The surrounding area contains a diverse mix of retail, restaurant, service, residential, educational, and entertainment uses.
- Signage
Nearby Major Retailers
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619-623 Yonge St
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