251-255 king street east, toronto

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251-255 KING STREET EAST, TORONTO RETAIL FOR LEASE

PRIME RETAIL IN THE CENTRE OF THE KING STREET EAST DESIGN DISTRICT

FOR MORE INFORMATION PLEASE CONTACT

ASHLAR URBAN REALTY INC. Real Estate Brokerage 166 Pearl Street, Suite 300 Toronto, ON Canada M5H 1L3 T 416 205 9222 F 416 205 9228 W ashlarurban.com TORONTO’S URBAN COMMERCIAL REAL ESTATE EXPERTS

GRAHAM SMITH* Vice President 416 205 9222 ext 225 [email protected]

BRANDON GORMAN* Vice President 416 205 9222 ext 239 [email protected]

JONATHAN DIXON Sales Representative 416 205 9222 ext 256 [email protected]

Disclaimer: Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Ashlar Urban Realty Inc. * Sales Representative

251–255 KING STREET EAST PROPERTY SUMMARY Located on the southeast corner of King Street East and Sherbourne Street at the base of King Plus Condos, this high-traffic retail opportunity features a modern design with heritage characteristics. This opportunity offers 1,128 square feet of brand new white-boxed space. This unit is available immediately and suitable for a variety of retail uses.

HIGHLIGHTS • Signature retail opportunities located in King Plus Condos’ development; 17 storeys, 132 units • TTC streetcar access in front of building • Excellent access to Gardiner Expressway and Don Valley Parkway • Neighbouring businesses include: Starbucks, George Brown College, Aroma Espresso Bar, Scotiabank, EQ3, Montauk, Urban Barn, National Bank, South Street Burger Co., No Frills, LCBO and many more • In proximity to First Gulf’s 333 King Street East site featuring over 850,000 SF of office and retail space including the head offices of Coca Cola and The Globe and Mail

DETAILS ASKING RATE

Negotiable

ADDITIONAL RENT

$20.00 PSF (est. 2017)

OCCUPANCY

Immediate

TERM 10 years AVAILABLE SPACE Retail A: LEASED Retail A1: LEASED Retail B: 1,128 SF

LOCATION MAP

GERRARD STREET EAST

GERRARD STREET EAST

DON VALLEY

DUNDAS STREET EAST

PKWY

RIVER STREET

PARLIAMENT STREET

JARVIS STREET

YONGE STREET QUEEN STREET EAST

SHERBOURNE STREET

DUNDAS STREET EAST

QUEEN STREET EAST

G

KIN

N TER

EAS

UE

N AVE

EY

L VAL

KING STREET EAST

T

EAS

DON

ET

E STR

PKW Y

GARDINER EXPY

LOWER SHERBOURNE STREET

N

FRO

LOWER JARVIS STREET

AST

ET E

RE T ST

GAR

DIN

EXP

Y

LAKESHORE BLVD

DEMOGRAPHICS



ER

TRADE AREA POPULATION

AVERAGE HOUSEHOLD INCOME

1 km - 36,416

1 km - $94,204

3 km - 216,236

3 km - $92,445

5 km - 426, 897

5 km - $111,725

King Street East streetcar route averages 47,300 weekday riders

FLOOR PLANS GROUND FLOOR | 1,128 SF

SHERBOURNE STREET

KING STREET EAST

1,128 SF

N

TORONTO’S URBAN COMMERCIAL REAL ESTATE EXPERTS