WELLINGTON WEST
550 WELLINGTON WEST
550
WELLINGTON STREET WEST PROPERTY SUMMARY Located on the corner of Bathurst Street and Stewart Street, just south of King Street West, this is a rare opportunity to secure an iconic corner in the highly sought after Thompson Hotel. The high-profile retail premises is fully fixtured for restaurant use and boasts exceptional frontage, a 750 square foot patio, 14 foot ceilings and onsite parking.
Toronto’s King West node, has experienced a dramatic transformation over the past decade and is one of Toronto’s top destinations for chic condo living, trendy restaurants and shopping. Loosely defined as Spadina to Bathurst Street between Richmond Street West and Front Street, King West is one of Toronto’s fastest growing neighbourhoods and has been compared to New York’s SoHo district. Much of the area’s heritage and character building stock has been preserved through the conversion of former industrial/manufacturing buildings to some of the most unique and desirable retail, residential and commercial spaces in the City. The area’s rebirth began in the 90’s when a new planning policy known as the Kings Regeneration initiative eliminated traditional land use restrictions. Pioneering businesses in media, technology, architecture, fashion and entertainment soon took root along with the area’s first condominium development at 20 Niagara Street. Over the past ten years, the area has been positively booming with the construction of numerous mixed use condominiums, The Thompson Hotel and the headquarters of some of the City’s most prominent creative sector businesses. King West Village is also highly regarded for its trendy art galleries, bars, shops and restaurants such as Brassaii, Blowfish, Buca and Weslodge that draw significant numbers of Toronto residents and tourists to the area.
Steps from the King Street West retail node, this location sits on a major north-south arterial street and benefits from over 2,000 new condominium units in the immediate area.
HIGHLIGHTS •
Fully fixtured kitchen
•
Dedicated patio
•
Incredible corner exposure
•
Direct shipping and receiving access via laneway off Stewart Street
•
On-site underground parking
•
High-end finishes throughout
DETAILS ASKING RATE
$55.00 PSF
ADDITIONAL RATE
$20.00 PSF
TERM 10 years OCCUPANCY
Immediate
AVAILABLE SPACE
Ground Floor:
Patio Area:
4,861 SF 750 SF
cibo WINE BAR
Cibo Wine Bar brings authentic rustic Italian flare blended with a vibrant nightlife is quickly becoming the new hot spot in the stylish King West neighbourhood of Toronto.
Since 2013, this King West sushi and sake bar hotspot has been known for bringing contemporary Pan-Pacific and European zest to traditional culinary methods.
LEE The Keg Steakhouse + Bar is a perfect place to connect, unwind with friends and create memories.
Lee is a culinary destination, an urban watering hole, a bento box of sensory pleasures. The low-lit room with rose-velvet banquettes radiates a hipster cool; the crowd is stylish, the conversation hums.
Rodney’s isn’t called “Canada’s Great Oyster House” without good reason, and this family enterprise takes an artisanal and sustainable approach to moving over a million mollusks a year with casual perfection since 1987.
If “Modern Canadian” doesn’t ring your bell, it will when you experience the farm-to-table seasonality and vibrant, old world Mediterranean flavours of this “soul-warming” eatery.
RICHMOND STREET WEST MAUD STREET
ADELAIDE STREET WEST
LEE
SPADINA AVENUE
PORTLAND STREET
BATHURST STREET
KING STREET WEST
BRANT STREET
SAINT ANDREW’S PLAYGROUND
THE NEIGHBOURHOOD ARITZIA. BAR WELLINGTON. BIG IT UP.
BIER MARKT.BLOWFISH. BUCA. CAMDEN SPA. CENTURY ROOM.
STEWART STREET
BLACK LINE STUDIO.
BRASSAII.
BLVD INTERIORS. BODY BLITZ.
CIBO.CITIZEN. CLUB MONACO. COLLETTE. COMRAGS. CONVICTION. CRUSH WINE BAR. DAVID’S TEA.
DESIGN WITHIN REACH. DEXTERITY.
550
EVERLEIGH. HER MAJESTY’S PLEASURE. JACOB & CO STEAKHOUSE. JOHN STEINBERG & ASSOCIATES. DUE WEST. DUFFLET PASTRIES.
WELLINGTON STREET WEST VICTORIA MEMORIAL PARK
WELLINGTON STREET WEST
LCBO. LE GOURMAND. LE SELECTE BISTRO. LEO KAMEN GALLERY.
LEE.
LIVESTOCK. LOKI LOUNGE. LULULEMON. MADELINE’S. MARBEN. OUTER LAYER. QUAD. SECOND CUP. SOBEY’S.
RODNEY’S OYSTER HOUSE.
SPIN. URBAN BARN. URBAN OUTFITTERS. VALDEZ. WABORA SUSHI. WESLODGE. WEST BAR. ZOE’S BAKERY & CAFE. WVRST. SPICE ROUTE.
NIAGARA STREET
FUSARO’S.
GHANDI. FRESH & WILD. FRESHII. GOTSTYLE. GUESS. GUSTO 101. H&M. HAMMAM SPA.
STARBUCKS.
THE SPOKE CLUB.
5 5 0 W E L L I NGT ON S T R E E T W E S T GROUND FLOOR: 4,861 SF | PATIO AREA: 750 SF NET RENT: $55.00 PSF | ADDITIONAL RENT: $20.00 PSF
PATIO
CONTACT For more information on leasing opportunities at 550 Wellington Street West, please contact:
GRAHAM SMITH * Vice President 416 205 9222 ext 225 [email protected]
BRANDON GORMAN Sales Representative 416 205 9222 ext 239 [email protected]
* Sales Representative
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
550
WELLINGTON STREET WEST PROPERTY SUMMARY Located on the corner of Bathurst Street and Stewart Street, just south of King Street West, this is a rare opportunity to secure an iconic corner in the highly sought after Thompson Hotel. The high-profile retail premises is fully fixtured for restaurant use and boasts exceptional frontage, a 750 square foot patio, 14 foot ceilings and onsite parking.
Toronto’s King West node, has experienced a dramatic transformation over the past decade and is one of Toronto’s top destinations for chic condo living, trendy restaurants and shopping. Loosely defined as Spadina to Bathurst Street between Richmond Street West and Front Street, King West is one of Toronto’s fastest growing neighbourhoods and has been compared to New York’s SoHo district. Much of the area’s heritage and character building stock has been preserved through the conversion of former industrial/manufacturing buildings to some of the most unique and desirable retail, residential and commercial spaces in the City. The area’s rebirth began in the 90’s when a new planning policy known as the Kings Regeneration initiative eliminated traditional land use restrictions. Pioneering businesses in media, technology, architecture, fashion and entertainment soon took root along with the area’s first condominium development at 20 Niagara Street. Over the past ten years, the area has been positively booming with the construction of numerous mixed use condominiums, The Thompson Hotel and the headquarters of some of the City’s most prominent creative sector businesses. King West Village is also highly regarded for its trendy art galleries, bars, shops and restaurants such as Brassaii, Blowfish, Buca and Weslodge that draw significant numbers of Toronto residents and tourists to the area.
Steps from the King Street West retail node, this location sits on a major north-south arterial street and benefits from over 2,000 new condominium units in the immediate area.
HIGHLIGHTS •
Fully fixtured kitchen
•
Dedicated patio
•
Incredible corner exposure
•
Direct shipping and receiving access via laneway off Stewart Street
•
On-site underground parking
•
High-end finishes throughout
DETAILS ASKING RATE
$55.00 PSF
ADDITIONAL RATE
$20.00 PSF
TERM 10 years OCCUPANCY
Immediate
AVAILABLE SPACE
Ground Floor:
Patio Area:
4,861 SF 750 SF
cibo WINE BAR
Cibo Wine Bar brings authentic rustic Italian flare blended with a vibrant nightlife is quickly becoming the new hot spot in the stylish King West neighbourhood of Toronto.
Since 2013, this King West sushi and sake bar hotspot has been known for bringing contemporary Pan-Pacific and European zest to traditional culinary methods.
LEE The Keg Steakhouse + Bar is a perfect place to connect, unwind with friends and create memories.
Lee is a culinary destination, an urban watering hole, a bento box of sensory pleasures. The low-lit room with rose-velvet banquettes radiates a hipster cool; the crowd is stylish, the conversation hums.
Rodney’s isn’t called “Canada’s Great Oyster House” without good reason, and this family enterprise takes an artisanal and sustainable approach to moving over a million mollusks a year with casual perfection since 1987.
If “Modern Canadian” doesn’t ring your bell, it will when you experience the farm-to-table seasonality and vibrant, old world Mediterranean flavours of this “soul-warming” eatery.
RICHMOND STREET WEST MAUD STREET
ADELAIDE STREET WEST
LEE
SPADINA AVENUE
PORTLAND STREET
BATHURST STREET
KING STREET WEST
BRANT STREET
SAINT ANDREW’S PLAYGROUND
THE NEIGHBOURHOOD ARITZIA. BAR WELLINGTON. BIG IT UP.
BIER MARKT.BLOWFISH. BUCA. CAMDEN SPA. CENTURY ROOM.
STEWART STREET
BLACK LINE STUDIO.
BRASSAII.
BLVD INTERIORS. BODY BLITZ.
CIBO.CITIZEN. CLUB MONACO. COLLETTE. COMRAGS. CONVICTION. CRUSH WINE BAR. DAVID’S TEA.
DESIGN WITHIN REACH. DEXTERITY.
550
EVERLEIGH. HER MAJESTY’S PLEASURE. JACOB & CO STEAKHOUSE. JOHN STEINBERG & ASSOCIATES. DUE WEST. DUFFLET PASTRIES.
WELLINGTON STREET WEST VICTORIA MEMORIAL PARK
WELLINGTON STREET WEST
LCBO. LE GOURMAND. LE SELECTE BISTRO. LEO KAMEN GALLERY.
LEE.
LIVESTOCK. LOKI LOUNGE. LULULEMON. MADELINE’S. MARBEN. OUTER LAYER. QUAD. SECOND CUP. SOBEY’S.
RODNEY’S OYSTER HOUSE.
SPIN. URBAN BARN. URBAN OUTFITTERS. VALDEZ. WABORA SUSHI. WESLODGE. WEST BAR. ZOE’S BAKERY & CAFE. WVRST. SPICE ROUTE.
NIAGARA STREET
FUSARO’S.
GHANDI. FRESH & WILD. FRESHII. GOTSTYLE. GUESS. GUSTO 101. H&M. HAMMAM SPA.
STARBUCKS.
THE SPOKE CLUB.
5 5 0 W E L L I NGT ON S T R E E T W E S T GROUND FLOOR: 4,861 SF | PATIO AREA: 750 SF NET RENT: $55.00 PSF | ADDITIONAL RENT: $20.00 PSF
PATIO
CONTACT For more information on leasing opportunities at 550 Wellington Street West, please contact:
GRAHAM SMITH * Vice President 416 205 9222 ext 225 [email protected]
BRANDON GORMAN Sales Representative 416 205 9222 ext 239 [email protected]
* Sales Representative
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
