$4,500/mo - 1460 The Queensway Avenue Unit 119, Etobicoke
Commercial for Rent in Etobicoke
Neighbourhood: Islington-City Centre West
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- MLS Number
- W13772686
- Property Type
- Commercial
- Status
- active
- Days on Site
- 26
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 525 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- COSMOPOLITAN REALTY
Give your business an address that makes the right impression! DYMON Work Refined offers approximately 525 sq. ft. of furnished private office space accommodating up to eight professionals. This spacious first-floor suite is ideal for entrepreneurs, real estate agents, mortgage brokers, consultants, charities, startups, freelancers and other professionals seeking a polished business address that reflects their brand-without the overhead of a traditional office. Gross rent includes TMI and premium amenities designed to simplify your workday: 24/7 secure access, high-speed Wi-Fi, daily cleaning and sanitation, dedicated concierge services, parcel receiving, printing and scanning, member and guest parking, shower facilities, private phone booths, complimentary coffee, espresso and tea, and professionally appointed meeting rooms. Enjoy a prime Etobicoke location directly across from IKEA, minutes from CF Sherway Gardens, and close to restaurants, cafés, banking and everyday essentials. Quick access to the QEW, Gardiner Expressway and Highway 427, nearby TTC service, and connections at Kipling Transit Hub make this a convenient destination for clients and colleagues across Toronto, Mississauga and the GTA. Flexible lease terms are available, with additional private office options ranging from approximately 57 to 525 sq. ft. for one to eight professionals. Find the right space for your next stage of business. Book your private tour today!
Discover Islington-City Centre West
Islington-City Centre West 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 Islington-City Centre West
- •Convenient location in Etobicoke (Islington / Rexdale)
- •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
Islington-City Centre West 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.
1460 The Queensway Avenue Unit 119, Etobicoke (Islington / Rexdale)
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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 $9/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.
Commercial Market Pace
Commercial real estate transactions typically take 60–120 days from offer to close — longer than residential — due to financing conditions, environmental reports, and tenant estoppel reviews. This 26-day listing is within normal commercial market exposure.
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 Etobicoke transactions.