Toronto

284 King St. East

Location

King East

Size

1,905 sq ft Commercial Retail

Purchased

Fall 2017

Occupancy

Summer 2021

Tenants

For Lease

284 King Street E is ideally situated in one of Toronto’s fastest growing nodes in the downtown core. The site is directly across from First Gulf’s new office development which is anchored by The Globe and Mail. We have seen a lot of development and investment in downtown east funded by large institutional asset managers and developers including Dream and Urban Capital. There has also been a push to revitalize the area through investment in public parks such as Regent Park’s new revitalization plan. Market rents on main streets in this area currently command net rents from the low 30’s to low 50’s, based on site-specific characteristics i.e. size, frontage, and co-tenancy. The specific retail unit located on the ground floor of 284 King Street E is approximately 1,905 SF. In today’s market there is a high demand from retail tenants for space under 2,500 sq ft. The space has great frontage on to King Street East and benefits from its minimal columns and appropriate ceiling heights.

Furniture & Design District, King Street East

Distillery District, Parliament Street

King St East

The original heart of Toronto is being redefined as a thriving neighbourhood with an exciting and sustainable mix of residential, retail and commercial properties with close to 50 projects in development. Historic buildings like the world famous St Lawrence market and the Distillery District share this community with companies like Coca Cola and the Globe and Mail. A globally leading digital neighbourhood of the future is being developed by Alphabet/Google and will connect King East with the lake. Cutting edge furniture and design retailers create a vibrant retail environment during the day and unique restaurants and bars offer diverse options in the evening.