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Vida at Bayview Village 621 Sheppard Ave E
2,255 - 4,990 SF of Retail Space Available in Toronto, ON M2K 1B5
Highlights
- This affluent neighborhood is a shopping mecca and is a one minute drive highway 401
- Located just a block east of the upscale Bayview Village Shopping Centre and the Bayview/Yonge TTC station
- steps away from Bayview subway station.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 104/105 | 2,735 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 106 | 2,255 SF | 1-10 Years | $35.24 USD/SF/YR $2.94 USD/SF/MO $379.31 USD/m²/YR $31.61 USD/m²/MO $6,622 USD/MO $79,465 USD/YR | Modified Gross |
1st Floor, Ste 104/105
Unit 104/105 (Endcap): 2,735 SF (For Lease/ For Sale)
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air Conditioning
- Suited for retail/professional service uses
- Natural light exposure
1st Floor, Ste 106
Unit 106 (Endcap): 2,225 SF (For Lease)
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air Conditioning
- Suited for retail/professional service uses
- Natural light exposure
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 621 Sheppard Ave E , Toronto, ON M2K 1B5
| Property Type | Retail | Year Built | 2020 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 2.64/1,000 SF |
| Gross Leasable Area | 17,033 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 17,033 SF |
| Year Built | 2020 |
| Parking Ratio | 2.64/1,000 SF |
About the Property
621 Sheppard Ave. E. is located near the busy intersection of Sheppard Ave. E. & Bayview. This affluent neighborhood is a shopping mecca and is a one minute drive highway 401 and steps away from Bayview subway station. The subject site is a new 9 storey condo building with 163 occupied condo units and Retail/Commercial/Office units available For Lease both on the Ground & 2nd Floor. Located just a block east of the upscale Bayview Village Shopping Centre and the Bayview/Yonge TTC station, this site scores high on a walk ability and accessibility rating and has over 45 underground public parking spaces on site.
- Signage
- Air Conditioning
DEMOGRAPHICS
Demographics
Nearby Major Retailers
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Nazmin Nanji -
Castle Group Developments
Presented by
Vida at Bayview Village | 621 Sheppard Ave E
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