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651 Mount Pleasant Rd 1,023 SF of Retail Space Available in Toronto, ON M4S 2N2
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 651 | 1,023 SF | Negotiable | $27.24 USD/SF/YR $2.27 USD/SF/MO $27,863 USD/YR $2,322 USD/MO | Triple Net (NNN) |
1st Floor, Ste 651
Attractive retail opportunity on the busiest stretch of Mount Pleasant Village with over 20 feet of frontage on the east side of Mount Pleasant, just south of Eglinton, in one of Toronto's most affluent communities. Located beside cotenants such as Starbucks, Shoppers Drug Mart, No Frills, Xo Gelato, Piano Piano, The Granite Brewery, Mastermind Toys, and The Belsize Public House.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Lower level storage area with staff washroom
- 22’ of frontage on East Side of Mount Pleasant
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 651 MOUNT PLEASANT RD, TORONTO, ON M4S 2N2
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Closets By Design Toronto Custom Closets Showroom
- Public Administration
- 1
- -
- Kidnasium
- -
- 1
- -
- Periwinkle Flowers
- Retailer
- 1
- -
- Pleasant Nails
- Services
- 1
- Local
- Special Technic Technologies
- Wholesaler
- 1
- -
- The Manor - Boutique Salon
- Services
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Closets By Design Toronto Custom Closets Showroom | Public Administration | 1 | - |
| Kidnasium | - | 1 | - |
| Periwinkle Flowers | Retailer | 1 | - |
| Pleasant Nails | Services | 1 | Local |
| Special Technic Technologies | Wholesaler | 1 | - |
| The Manor - Boutique Salon | Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,023 SF | Gross Leasable Area | 8,172 SF |
| Property Type | Retail | Year Built | 1927 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.37/1,000 SF |
| Total Space Available | 1,023 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 8,172 SF |
| Year Built | 1927 |
| Parking Ratio | 0.37/1,000 SF |
ABOUT THE PROPERTY
651 Mt. Pleasant Rd offers 22 feet of frontage on the East Side of Mount Pleasant, just South of Eglinton, in one of Toronto’s most affluent communities. The space is subdivided into private office + kitchenette, washroom, and main reception area, but can be opened up further. Rear laneway for shipping + one rear parking spot included. Co-tenants include Starbucks, Shoppers Drug Mart, No Frills, Xo Gelato, Piano Piano, and Mastermind Toys. Steps from the Eglinton Crosstown LRT and with TTC at the front door, the space is suitable for a wide variety of retail, medical, and professional uses.
- Signage
NEARBY MAJOR RETAILERS
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651 Mount Pleasant Rd
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