850 Adelaide Street West - Ashlar Urban Realty Inc.
For Lease
850 Adelaide Street West Toronto, ON
Contact Mike Scace Partner & Sales Representative t: 416.205.9222 ×222 [email protected]
Ashlar Urban Realty Inc. 166 Pearl Street, Suite 300 Toronto, ON M5H 1L3 t: 416.205.9222 www.ashlarurban.com
Alan Rawn Sales Representative t: 416.205.9222 ×248 [email protected] Jerome Weniuk Sales Assistant t: 416.205.9222 ×227 [email protected]
Table of Contents 3
Building Summary About 850 Adelaide Street West
4 Creative Office Salient Details Offering Key Highlights
2
5
West Queen West History Active Development Transportation
7
Floor Plan
Building Summary About 850 Adelaide Street West Opportunity to lease 1,650 SF in a cornerblock character building, directly to the south of Trinity Bellwoods park and within walking distance of many renowned amenities including restaurants, retail and entertainment in West Queen West. This offering represents a rare chance to secure space in a recently upgraded stand-alone commercial building that is located within
850 Adelaide Street West
an affluent and predominantly residential neighborhood. As a result, the property benefits from unparalleled access to the various retail services that are designed to cater to the emerging class of young professionals who have chosen to re-locate to the area.
3
Creative Office Salient Details Total Leasable Area: 1 ,650 SF (full floor) Elevation: Second-floor unit (no elevator access)
Construction: Dry-walled interior finishes and hardwood flooring
Offering Net rent: Negotiable Additional rents: $10.50 per sq. ft. (2015 Budget).
Availability: May. 1st, 2015 Term: Up to three years
Key Highlights • Open-concept layout with high ceiling heights and hardwood floors that is well-suited for creative office uses. The unit also features a dedicated entranceway on Adelaide Street West.
• Equidistant (approximately 200 metres) from both Queen Street West and King Street West, two of the most thriving residential and commercial areas within Downtown Toronto.
• Entire complex (including 76 Stafford to the north) was recently renovated including a roof replacement and various exterior upgrades.
• The popular office nodes of King West and Liberty Village are within walking distance.
• The unit is directly adjacent to a new onsite café that will be launching in Q2 2015.
4
West Queen West History “West Queen West” is a local vernacular to describe the young, vibrant and bohemian Queen Street West and Trinity Bellwood neighborhood. Through recent years, the area has become a hub of trendy restaurants, fashion, galleries, antique shops and a variety of businesses. It is considered an international arts centre and a major tourist attraction in Toronto, characterized by an affluent population and is an increasingly desirable location for innovative business. A focal point of the West Queen West neighborhood is the picturesque Trinity Bellwoods Park, spanning east from Crawford Street to Gorevale Avenue and north from Queen
Street West to Dundas Street West. The park is highlighted by paved walking paths, cast iron lamp poles and lush greenery. The park also incorporates a community fitness centre and swimming pool, an ice hockey rink, children’s playgrounds, sports fields, and four tennis courts. Most houses in the area were built in the late 1800’s in the Victorian style typical of inner Toronto city neighborhoods, thus adding to the character of the area. Trinity Bellwoods also offers an assortment of trendy loft apartments and various condominium developments, along with amenities to accommodate these residents.
Active Development Within the Downtown West submarket, over 9,000 high-rise residential units are under construction with another 4,000 units in preconstruction. Some recent projects in the immediate vicinity of the site include the
master-planned Garrison Point community (~1,700 units), Kingsclub Condominiums (~570 units) and WQW Condominiums (~130 units).
Transportation Public transportation includes the Queen Street (501) and King Street (504) Streetcars, along with connecting bus routes. For motorists, there is convenient access to both Lake-
850 Adelaide Street West
shore Boulevard and the Gardiner Expressway, which are both approximately a 5 minute drive from the area.
5
West Queen West
Trinity Bellwoods
The County General
Fresh
Nadège Patisserie
Oyster Boy
Ben Sherman
Terroni
QUEEN STREET WEST Swan Restaurant CLAFOUTI
Chippy’s White Squirrel Coffee Shop
RICHMOND STREET WEST
850 Adelaide ADELAIDE STREET WEST NIA GA RA S TR EE T
STANLEY TERRACE
6
STAFFORD STREET
STRACHAN AVENUE
SHAW STREET
KING STREET WEST
Floor Plan
850 Adelaide Street West
7
Hullmark Developments Ltd. 495 King Street West, Suite 200 Toronto, ON M5V 1K4 t: 416.510.1700 www.hullmark.ca
Ashlar Urban Realty Inc. 166 Pearl Street, Suite 300 Toronto, ON M5H 1L3 t: 416.205.9222 www.ashlarurban.com
850 Adelaide Street West Toronto, ON
Contact Mike Scace Partner & Sales Representative t: 416.205.9222 ×222 [email protected]
Ashlar Urban Realty Inc. 166 Pearl Street, Suite 300 Toronto, ON M5H 1L3 t: 416.205.9222 www.ashlarurban.com
Alan Rawn Sales Representative t: 416.205.9222 ×248 [email protected] Jerome Weniuk Sales Assistant t: 416.205.9222 ×227 [email protected]
Table of Contents 3
Building Summary About 850 Adelaide Street West
4 Creative Office Salient Details Offering Key Highlights
2
5
West Queen West History Active Development Transportation
7
Floor Plan
Building Summary About 850 Adelaide Street West Opportunity to lease 1,650 SF in a cornerblock character building, directly to the south of Trinity Bellwoods park and within walking distance of many renowned amenities including restaurants, retail and entertainment in West Queen West. This offering represents a rare chance to secure space in a recently upgraded stand-alone commercial building that is located within
850 Adelaide Street West
an affluent and predominantly residential neighborhood. As a result, the property benefits from unparalleled access to the various retail services that are designed to cater to the emerging class of young professionals who have chosen to re-locate to the area.
3
Creative Office Salient Details Total Leasable Area: 1 ,650 SF (full floor) Elevation: Second-floor unit (no elevator access)
Construction: Dry-walled interior finishes and hardwood flooring
Offering Net rent: Negotiable Additional rents: $10.50 per sq. ft. (2015 Budget).
Availability: May. 1st, 2015 Term: Up to three years
Key Highlights • Open-concept layout with high ceiling heights and hardwood floors that is well-suited for creative office uses. The unit also features a dedicated entranceway on Adelaide Street West.
• Equidistant (approximately 200 metres) from both Queen Street West and King Street West, two of the most thriving residential and commercial areas within Downtown Toronto.
• Entire complex (including 76 Stafford to the north) was recently renovated including a roof replacement and various exterior upgrades.
• The popular office nodes of King West and Liberty Village are within walking distance.
• The unit is directly adjacent to a new onsite café that will be launching in Q2 2015.
4
West Queen West History “West Queen West” is a local vernacular to describe the young, vibrant and bohemian Queen Street West and Trinity Bellwood neighborhood. Through recent years, the area has become a hub of trendy restaurants, fashion, galleries, antique shops and a variety of businesses. It is considered an international arts centre and a major tourist attraction in Toronto, characterized by an affluent population and is an increasingly desirable location for innovative business. A focal point of the West Queen West neighborhood is the picturesque Trinity Bellwoods Park, spanning east from Crawford Street to Gorevale Avenue and north from Queen
Street West to Dundas Street West. The park is highlighted by paved walking paths, cast iron lamp poles and lush greenery. The park also incorporates a community fitness centre and swimming pool, an ice hockey rink, children’s playgrounds, sports fields, and four tennis courts. Most houses in the area were built in the late 1800’s in the Victorian style typical of inner Toronto city neighborhoods, thus adding to the character of the area. Trinity Bellwoods also offers an assortment of trendy loft apartments and various condominium developments, along with amenities to accommodate these residents.
Active Development Within the Downtown West submarket, over 9,000 high-rise residential units are under construction with another 4,000 units in preconstruction. Some recent projects in the immediate vicinity of the site include the
master-planned Garrison Point community (~1,700 units), Kingsclub Condominiums (~570 units) and WQW Condominiums (~130 units).
Transportation Public transportation includes the Queen Street (501) and King Street (504) Streetcars, along with connecting bus routes. For motorists, there is convenient access to both Lake-
850 Adelaide Street West
shore Boulevard and the Gardiner Expressway, which are both approximately a 5 minute drive from the area.
5
West Queen West
Trinity Bellwoods
The County General
Fresh
Nadège Patisserie
Oyster Boy
Ben Sherman
Terroni
QUEEN STREET WEST Swan Restaurant CLAFOUTI
Chippy’s White Squirrel Coffee Shop
RICHMOND STREET WEST
850 Adelaide ADELAIDE STREET WEST NIA GA RA S TR EE T
STANLEY TERRACE
6
STAFFORD STREET
STRACHAN AVENUE
SHAW STREET
KING STREET WEST
Floor Plan
850 Adelaide Street West
7
Hullmark Developments Ltd. 495 King Street West, Suite 200 Toronto, ON M5V 1K4 t: 416.510.1700 www.hullmark.ca
Ashlar Urban Realty Inc. 166 Pearl Street, Suite 300 Toronto, ON M5H 1L3 t: 416.205.9222 www.ashlarurban.com
