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471 Richmond St W
1,507 - 4,891 SF of Office Space Available in Toronto, ON M5V 1Y2
Highlights
- Building signage opportunity
- Corner space
- Close to Public Transit
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 101 | 1,507 SF | 1-2 Years | $20.92 USD/SF/YR $1.74 USD/SF/MO $31,533 USD/YR $2,628 USD/MO | Full Service | ||
| 2nd Floor, Ste 200 | 3,384 SF | 1-2 Years | $20.92 USD/SF/YR $1.74 USD/SF/MO $70,807 USD/YR $5,901 USD/MO | Full Service |
1st Floor, Ste 101
Open space with two meeting rooms/offices and In-Suite washroom. Exposed ceilings with large windows providing lots of natural light. Building signage opportunity and parking available.
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 4 - 13 People
- 2 Conference Rooms
- Central Air and Heating
- Private Restrooms
- Exposed Ceiling
- Natural Light
- Large windows
- Exposed ceilings
- Parking available
2nd Floor, Ste 200
Open space with two meeting rooms/offices and In-Suite washroom. Exposed ceilings with large windows providing lots of natural light. Building signage opportunity and parking available.
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 9 - 28 People
- 2 Conference Rooms
- Central Air and Heating
- Private Restrooms
- Exposed Ceiling
- Natural Light
- Large windows
- Exposed ceilings
- Parking available
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 FOR 471 Richmond St W , Toronto, ON M5V 1Y2
| Total Space Available | 4,891 SF | Gross Leasable Area | 6,771 SF |
| Property Type | Retail | Year Built | 1953 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.48/1,000 SF |
| Total Space Available | 4,891 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 6,771 SF |
| Year Built | 1953 |
| Parking Ratio | 1.48/1,000 SF |
About the Property
Located in the heart of Toronto’s Fashion District, 471 Richmond Street West is comprised of 3 unique styled offices for a total of 6,767 sf. Offices can be leased individually or as one contiguous space. Flexible lease terms available with the opportunity for exterior branding along one of Toronto’s most prominent streets. With great control over your own space, this is an opportunity you will not want to miss on.
Nearby Major Retailers
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471 Richmond St W
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