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531 Yonge St
600 - 1,500 SF of Space Available in Toronto, ON M4Y 1Y5
Highlights
- GreenP parking conveniently located
- Unique loft space at Yonge
- Access to property from rear
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 9 | 900 SF | 1-10 Years | $34.87 USD/SF/YR $2.91 USD/SF/MO $31,386 USD/YR $2,616 USD/MO | Plus All Utilities | ||
| 2nd Floor, Ste 109 | 600 SF | 1-5 Years | $30.69 USD/SF/YR $2.56 USD/SF/MO $18,413 USD/YR $1,534 USD/MO | Plus Electric |
1st Floor, Ste 9
Unique brick loft space at Yonge and Wellesley St. main floor and 2nd floor walk up, greenP parking behind, unit has one operable window and two skylights. No live, no floor plan available. Unit access is rear lane. No Yonge frontage.
- Listed lease rate plus proportional share of utilities
- Brick loft with skylights
- Yonge & Wellesley, rear access
2nd Floor, Ste 109
This unique brick loft space is located at Yonge and Wellesley Street, offering a distinctive second-floor walk-up office environment. The unit features one operable window and two skylights, providing natural light. Access is through the rear lane, with convenient GreenP parking directly behind. Please note, this unit does not have Yonge Street frontage, and no live floor plan is available.
- Listed lease rate plus proportional share of electrical cost
- Located in-line with other retail
- Central Air Conditioning
- Private Restrooms
- Exposed Ceiling
- Unique loft space at Yonge
- Natural light through skylights
- Ideal for creative workspace
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 531 Yonge St , Toronto, ON M4Y 1Y5
| Total Space Available | 1,500 SF | Gross Leasable Area | 8,005 SF |
| Property Type | Retail | Year Built | 1890 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 10/1,000 SF |
| Total Space Available | 1,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 8,005 SF |
| Year Built | 1890 |
| Parking Ratio | 10/1,000 SF |
About the Property
Located at 531 Yonge St, Toronto, this unique mixed-use building offers a second-floor retail space with a charming brick loft design. The unit features high ceilings and natural light from one operable window and two skylights. Access is via a rear lane, providing a private and quiet environment, with convenient GreenP parking directly behind. Built in 1890, the three-story masonry building is zoned CR, making it ideal for retail and residential uses. The space is in shell condition, allowing for a flexible build-out to suit various business needs. With its central location on Yonge Street, the property offers easy access to public transit and nearby amenities, making it a prime spot for creative or boutique businesses.
- Bus Line
Nearby Major Retailers
Learn More About Renting Office Space
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531 Yonge St
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