$28/mo - 1911 Finch Avenue Unit 132, Downsview
Commercial for Rent in Downsview
84 days on marketNeighbourhood: Glenfield-Jane Heights
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- MLS Number
- W13567864
- Property Type
- Commercial
- Status
- active
- Days on Site
- 84
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 1,231 sqft
- Neighbourhood
- Downsview / Black Creek
- Taxes (2026)
- $36
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Jane Finch Mall, A 244,000 gross leasable square foot mall, with 972 surface plaza parking spots. Position your business at the heart of one of North York's most vibrant community and high-traffic retail hubs*** This exceptional Interior unit at Jane & Finch Mall offers a rare opportunity to capitalize on consistent, daily foot traffic in a well-established community shopping centre. Strategically surrounded by major anchor tenants including FreshCo, Fit for Less, Tim Hortons, Shoppers Drug Mart, McDonald's, Popeyes, Taco Bell, Dollarama and CIBC*** The mall's diverse tenant mix and strong neighborhood presence create a built-in customer base, ensuring your business is seen, visited, and remembered. 75000 residents live within 1km and 266,000 residents within 4km radius of JFM. 61% of shoppers make 2 visits to the mall per week.***Ideal for retail, service, professional or specialty use, this unit offers the visibility and accessibility that growing businesses need to thrive. With constant walk in traffic and a location at the crossroads of one of Toronto's busiest intersections. New LRT Finch line is operational.*** All ulitities except water by separate meter.
Discover Glenfield-Jane Heights
Glenfield-Jane Heights 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 Glenfield-Jane Heights
- •Convenient location in Downsview / Black Creek
- •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
Glenfield-Jane Heights 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.
1911 Finch Avenue Unit 132, Downsview / Black Creek
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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 Downsview 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 84 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 Downsview transactions.