PRIME RETAIL FOR LEASE 431-439 SPADINA AVENUE€¦ · College Condos 840 Residences 226 Units...

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PRIME RETAIL FOR LEASE 431-439 SPADINA AVENUE

Transcript of PRIME RETAIL FOR LEASE 431-439 SPADINA AVENUE€¦ · College Condos 840 Residences 226 Units...

Page 1: PRIME RETAIL FOR LEASE 431-439 SPADINA AVENUE€¦ · College Condos 840 Residences 226 Units Design Haus 166 Units 60,595 Full-time Students The Waverly 189 Rental Units College

PRIME RETAIL FOR LEASE

431-439 SPADINA AVENUE

Page 2: PRIME RETAIL FOR LEASE 431-439 SPADINA AVENUE€¦ · College Condos 840 Residences 226 Units Design Haus 166 Units 60,595 Full-time Students The Waverly 189 Rental Units College

PROPERTY OVERVIEW

Located steps from the busy College and Spadina intersection, the properties at 431-439 Spadina Avenue offer prime retail exposure in the heart of Chinatown and are in close proximity to the University of Toronto, Kensington Market and many other tourist destinations. They further benefit from high pedestrian and vehicle traffic with two nearby streetcar stops.

The area is experiencing a tremendous amount of growth and gentrification with a number of residential, student housing and hotel projects in development. Given this improving demographic landscape, many national and international retailers have begun expanding their presence in the neighbourhood.

DETAILS

Size Net Rent TMI

431 Spadina Ave 1,959 SF $65.00 PSF* $19.50 PSF

433 Spadina Ave 1,449 SF $75.00 PSF* $19.50 PSF

435 Spadina Ave 2,445 SF $65.00 PSF* $19.50 PSF

437 Spadina Ave 926 SF $90.00 PSF* $19.50 PSF

439 Spadina Ave LEASED

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1*Source: CoStar, 2016 3km radius.

$96,652 355,824 +9.77%

AverageHousehold Income*

TotalPopulation*

Projected 10-YearPopulation Growth*

431-439 SPADINA AVE | FOR LEASE

* Asking rate includes: renovated exterior, new store front, upgraded HVAC & fire separations

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431-439 Spadina Ave

Campus One840 Residences

College Condos226 Units Design Haus

166 Units

60,595 Full-time Students

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431-439 SPADINA AVE | FOR LEASE

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431 Spadina Ave.1,959 SF

431-439 SPADINA AVE | FOR LEASE

433 Spadina Ave.1,449 SF

435 Spadina Ave.2,445 SF

437 Spadina Ave.926 SF

439 Spadina Ave.1,074 SF

LEASED

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NOTE: basement included in rent at no additional cost

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Connections.Built on

626 King St WestSuite 302Toronto, ONM5V1M7

416.703.6621

www.metcomrealty.com

CONTACT:

Urban Commercial Advisory Group

Amir Nourbakhsh* 416.703.6621 x252 [email protected]

Anthony Martino* 416.703.6621 x244 [email protected]

Jesse Roth* 416.703.6621 x243 [email protected]*Sales Representative