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Spire Condominium 74 Adelaide St E 536 SF of 4-Star Retail Space Available in Toronto, ON M5C 2R6
Highlights
- Corner commercial space in downtown Toronto with exceptional street visibility
- Walking distance to the Financial District, St. Lawrence Market, Union Station and PATH
- Bright open-concept interior with expansive glazing and abundant natural light
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 536 SF | 16’ | Negotiable | $31.98 USD/SF/YR $2.67 USD/SF/MO $17,143 USD/YR $1,429 USD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Corner Space
- Exposed Ceiling
- Finished Ceilings: 16’
- Display Window
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.
Property Facts
| Total Space Available | 536 SF | Gross Leasable Area | 579 SF |
| Property Type | Retail | Year Built | 2007 |
| Total Space Available | 536 SF |
| Property Type | Retail |
| Gross Leasable Area | 579 SF |
| Year Built | 2007 |
About the Property
74 Adelaide Street East presents a contemporary ground floor commercial space for lease at the signalized intersection of Adelaide Street East and Church Street, within Spire Condominiums in downtown Toronto. Positioned on a prominent corner with floor-to-ceiling glazing along both frontages, the space benefits from exceptional visibility, abundant natural light and continuous exposure to pedestrian, cycling and vehicular traffic. Nearly 16-foot ceilings and an open floor plan create a bright, adaptable environment suited to a wide range of commercial uses, including boutique retail, creative office, professional office, design studio, consulting practice, showroom, wellness, medical aesthetics, gallery or client-facing business. The existing layout provides flexibility for tenants seeking an efficient workspace while maintaining a refined architectural character. Located between Toronto's Financial District, St. Lawrence Market and King East, the property is surrounded by established restaurants, cafés, residential towers and professional offices. Union Station, King Subway Station, the PATH network and the St. Lawrence neighbourhood are all within walking distance, providing convenient access for employees, clients and customers. 74 Adelaide Street East offers businesses the opportunity to establish a presence within one of Toronto's most active mixed-use neighbourhoods, combining contemporary architecture, corner visibility, excellent transit connectivity and a highly walkable downtown location.
Nearby Major Retailers
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Spire Condominium | 74 Adelaide St E
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