For LeaseCommercial Retail

384 Yonge Street, Unit 49

$3,500/mo
723 sqft$4.84/sq ft80d on market
Aura at College Park CondosbyCanderel Residential
MLS# C13166086Bay Street Corridor, Toronto · M5B 1S8
Bedrooms
Size
723 sq ft
Parking
None

Floor Plan

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About This Listing

Excellent opportunity to lease a commercial food court / take-out eating establishment unit. Gross area approximately 749 sq ft, including dining area, with approximately 219 sq ft net kitchen area. Zoning permits commercial food court and take-out restaurant use. Unit features 10 ft ceilings and power supply of 60A, 120V/208V, 3-phase. Water is not separately metered; electrical is separately metered.Base rent is $3,500/month plus TMI. Tenant responsible for TMI including property taxes ($524.83/month) and maintenance/common expenses ($1,720.36/month).Existing improvements include sinks and kitchen exhaust system installed. Plumbing, electrical, and gas lines to be installed and made ready for restaurant use. Fryers, flat grills, ranges, work tables, shelving, refrigeration/freezer equipment, and other restaurant appliances are not included and to be supplied by tenant.Preferred lease term is 3 or 5 years. Security deposit equal to 3 months' rent. Rent escalation negotiable. No known restrictions.

Monthly Mortgage (P&I)$15
Property Tax (MLS)$525
Maintenance Fees$0
Total Monthly Cost$540

Down payment: $700 (20.0%) · Mortgage: $2,800

Property tax uses MLS annual tax of $6,298/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Property Details

MLS NumberC13166086
Property TypeCommercial Retail
StyleRetail
Listing TypeFor Lease
StatusActive
Size723 sq ft
Year Built2015
Parking TypeUnderground
Property Tax$6,298/yr
Days on Market80
Listed2026-05-23
CommunityBay Street Corridor
MunicipalityToronto
Cross StreetYonge/College
Aura at College Park Condos

Aura at College Park Condos

Red Bricks Data

by Canderel Residential · 388 Yonge Street

80 Storeys985 SuitesCompleteWalk 100Transit 100

Maint. Fees

0.42

Parking

$65,000

Occupancy

2014

Live MLSFor Sale: 7 · $1007/sqftFor Rent: 14 · $4.37/sqft
LobbyParking GarageTerraceBike StorageExercise Room
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Listing provided by RE/MAX HALLMARK REALTY LTD.

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Data last updated: August 22, 2026 at 06:26 p.m.