$6,000/mo - 1155 Dundas Street Unit Main, Downtown Toronto
Commercial for Rent in Downtown Toronto
New — Listed yesterdayNeighbourhood: Trinity-Bellwoods
- MLS Number
- C13525980
- Property Type
- Commercial
- Status
- active
- Days on Site
- 1
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- CENTURY 21 FINE LIVING REALTY INC.
Position your business in one of Toronto's most vibrant and sought-after retail corridors. Located on Dundas Street West just steps from the renowned Ossington Avenue district, this approximately 700 sq. ft. main-floor commercial space offers exceptional exposure, strong pedestrian traffic, and a dynamic mix of established local businesses and destination retailers.The space features a full basement for storage, inventory, or operational use, plus one dedicated parking space-a valuable amenity in this highly urban location.Surrounded by a thriving neighbourhood known for its independent shops, boutiques, cafés, restaurants, and service-oriented businesses, the property benefits from the energy and foot traffic generated by both the Dundas West and Ossington Avenue strips. The area is widely recognized for its concentration of independent retailers, acclaimed dining destinations, and neighbourhood-serving businesses, attracting residents and visitors from across the city. Ideal for:Convenience and variety stores Specialty retail shops Health, beauty, and wellness operators Professional and personal service providers Boutique showrooms Pet, lifestyle, gift, and home-related retailers This is a rare opportunity to establish your business in a highly desirable Toronto neighbourhood where strong local demographics, continuous foot traffic, and a thriving retail ecosystem create an excellent environment for growth.Highlights. Full basement included. High pedestrian and vehicular exposure.Surrounded by established retailers, restaurants, and neighbourhood amenities. Join one of Toronto's most celebrated west-end retail districts and bring your business to the heart of the Ossington-Dundas community.
Discover Trinity-Bellwoods
Trinity-Bellwoods is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Trinity-Bellwoods
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Trinity-Bellwoods offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1155 Dundas Street Unit Main, Downtown Toronto / Waterfront
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
At $5/sqft, this is priced on the lower end for commercial, which warrants investigating condition, zoning restrictions, and tenancy. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Just Listed — Take Your Time
This property just hit the market. Commercial due diligence is thorough and takes time — environmental assessments, lease review, financial statement analysis, and zoning confirmation. Unlike residential, there's rarely a multiple-offer frenzy. Act with focus, not urgency.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Downtown Toronto transactions.