$1/mo - 132 Front Street Unit #1-B, Cabbagetown
Commercial for Rent in Cabbagetown
159 days on marketNeighbourhood: Moss Park
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- MLS Number
- C12985362
- Property Type
- Commercial
- Status
- active
- Days on Site
- 159
- Bedrooms
- 0
- Bathrooms
- 1
- Square Feet
- 1,127 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Listing Brokerage
- HOMELIFE/MIRACLE REALTY LTD
Immerse yourself in the dynamic core of Downtown Toronto by joining the Subway franchise-an internationally recognized leader and the world's largest sandwich brand. Set against the backdrop of towering high-rises and a lively commercial district, this neighbourhood is alive with constant movement, as both residents and visitors fill the streets each day. The area's momentum is unmistakable, with a steady stream of established and forthcoming developments continuing to propel growth and open doors for new opportunities. The vibrant surroundings offer plenty of reasons to visit, from the historic St. Lawrence Market and the celebrated Hockey Hall of Fame, to the renowned Roy Thomson Hall, Rogers Centre, and the iconic CN Tower. With Union Station just a short distance away, accessibility is second to none. Subway's stellar reputation stretches coast to coast, serving Canadians fresh sandwiches, wraps, and salads that perfectly balance convenience and affordability. Entrepreneurs are captivated by Subway's business model, which stands out for its global reach, low operating costs, and efficient, scalable approach. The operations are refreshingly straightforward-requiring no fryers and minimal staffing-making management hassle-free and efficient. Keenly responsive to evolving consumer preferences, Subway's commitment to innovation extends beyond the menu to encompass modernized store layouts and enhanced guest experiences. At the heart of the brand is an unwavering dedication to freshness, with premium ingredients and proteins sourced from trusted suppliers. Each meal is thoughtfully connected to the local community, making every bite both satisfying and meaningful. Seize this exceptional opportunity to become part of a thriving network. Prospective buyer's can also explore a range of store options, offering both flexibility and the potential to expand across multiple locations.
Discover Moss Park
Moss Park 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 Moss Park
- •Convenient location in Regent Park / Cabbagetown / St. James Town
- •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
Moss Park 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.
132 Front Street Unit #1-B, Regent Park / Cabbagetown / St. James Town
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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
Commercial property values in Cabbagetown are driven by location, zoning, current tenancy, and income potential — not the same $/sqft benchmarks as residential. I'll run a proper comparable sales analysis using recent commercial transactions in this area.
Extended Exposure — Negotiating Room
At 159 days on market, this commercial property has had significant exposure. Commercial listings typically take longer to sell than residential, but this timeline may indicate pricing or tenancy issues worth exploring. A motivated seller often means better terms for a prepared buyer.
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 Cabbagetown transactions.