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79-81 King St E 1,495 SF of Office/Retail Space Available in Toronto, ON M5C 1G3
HIGHLIGHTS
- Positioned beneath Google’s new 400,000 sq. ft. headquarters.
- Surrounded by high-density residential and office developments.
- Immediate access to Toronto’s Financial Core and St. Lawrence Market.
- Located steps from King subway station and on the 504 streetcar line.
- Heritage façade with modern infrastructure and strong co-tenancy.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 79 | 1,495 SF | Negotiable | $39.60 USD/SF/YR $3.30 USD/SF/MO $59,199 USD/YR $4,933 USD/MO | Triple Net (NNN) |
1st Floor, Ste 79
This podium-level unit features a beautifully restored façade and is surrounded by a dynamic mix of heritage architecture and modern development, offering a compelling blend of character and commercial appeal. This space is ideally suited for flagship retail, boutique office, or service-oriented uses seeking high visibility, walkability, and access to one of Toronto’s most vibrant urban corridors.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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 79-81 KING ST E, TORONTO, ON M5C 1G3
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Poutx
- -
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Poutx | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,495 SF | Gross Leasable Area | 7,992 SF |
| Property Type | Retail | Year Built | 1880 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,495 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 7,992 SF |
| Year Built | 1880 |
ABOUT THE PROPERTY
Located in the heart of Downtown East, 79 King Street East presents a rare opportunity to lease prime retail or office space directly beneath the new 400,000 sq. ft. Google Headquarters. The property benefits from exceptional transit connectivity, situated directly on the 504 King streetcar line and just a two-minute walk from King subway station. Its centralized location places it at the intersection of the Financial Core and the St. Lawrence Market district, with proximity to key employment hubs, government offices, hospital districts, and major educational institutions including Toronto Metropolitan University and George Brown College. Neighbouring tenants include The King Edward Hotel, CIBC, BMO, Pi Co., Score on King, and The Pout Clinic, contributing to strong daily foot traffic and brand synergy. The surrounding area is experiencing rapid residential growth, with over 9,000 incoming condo units within a 0.5 km radius, further enhancing the long-term customer base and investment appeal.
NEARBY MAJOR RETAILERS
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79-81 King St E
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