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889 Yonge St 2,438 - 7,320 SF of Space Available in Toronto, ON M4W 2H2
HIGHLIGHTS
- Retail Space with Ready to move in Wellness, Holistic, Yoga, studio, Showers, Lockers and changerooms
- Full property available with baseline sqft at 4881sqft and additional lower level included (2,239 sqft) at no Rental charge.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| Lower Level | 2,439 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor | 2,438 SF | 9’ - 10’ | 3-5 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | |
| 2nd Floor | 2,443 SF | 9’ - 10’ | 3-5 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
Lower Level
Lower Level included in rental of Main and 2nd Floor space at no additional cost. Changerooms with washrooms and Showers, additional enclosed offices and treatment rooms, Kitchenette, Storage, access via 3 separate stairwells.
- Can be combined with additional space(s) for up to 7,320 SF of adjacent space
- Turnkey Fitness Studio
- 3 Spacious Studios
- Private Session Room
- 10’ Ceilings
1st Floor
- Turnkey Fitness Studio & Retail Fronting on Yonge Street - Steps from Yorkville & Four-minute walk to Rosedale Subway Station - Features 3 Spacious Studios, a Private Session Room, Holistic Treatment Section, Spacious Men’s and Women’s Change rooms (with Showers & Lockers), Staff Kitchen, Third - Floor Office & Retail Space with 10’ Ceilings. (all other rooms have at least 8’ ceilings) In ceiling speaker system throughout the building
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 7,320 SF of adjacent space
- Central Air and Heating
- Emergency Lighting
- Shower Facilities
- Finished Ceilings: 9’ - 10’
- Basement
- Demised WC facilities
- Hardwood Floors
2nd Floor
- Turnkey Fitness Studio & Retail Fronting on Yonge Street - Steps from Yorkville & Four-minute walk to Rosedale Subway Station - Features 3 Spacious Studios, a Private Session Room, Holistic Treatment Section, Spacious Men’s and Women’s Change rooms (with Showers & Lockers), Staff Kitchen, Additional 716 sqft Third Floor Space available. In ceiling speaker system throughout the building
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 7,320 SF of adjacent space
- Central Air and Heating
- Emergency Lighting
- Shower Facilities
- Finished Ceilings: 9’ - 10’
- Basement
- Demised WC facilities
- Hardwood Floors
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 | 7,320 SF | Gross Leasable Area | 8,036 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Storefront | Parking Ratio | 0.12/1,000 SF |
| Total Space Available | 7,320 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 8,036 SF |
| Year Built | 2000 |
| Parking Ratio | 0.12/1,000 SF |
ABOUT THE PROPERTY
A Fantastic Retail space with joint 2nd floor opportunity or an expansive, well-equipped 3 Floor wellness space in a vibrant location. Ideal for yoga, pilates, dance, and holistic practices. Features three spacious studios, a private session room, a holistic treatment area, and men's and women's change rooms with showers and lockers. The inviting retail area with 10 foot ceilings, fronting directly on Yonge Street and offering great visibility. Located just steps from Yorkville and a four-minute walk to Rosedale Subway Station. Perfect for health and wellness businesses seeking a premium, move-in-ready location or premium Main Floor Retail with additional 2nd floor opportunity. 2239 sf lower level included with rental of Main and 2nd Floor. Additional 716 sf 3rd floor office space available. One Parking space included
NEARBY MAJOR RETAILERS
CONTACTS
-
Steven Phillips -
Nick Nankissoor -
Ming Zee -
CB Metropolitan Commercial Ltd
Presented by
889 Yonge St
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