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Commercial for Rent in Etobicoke
Popular ListingNeighbourhood: West Humber-Clairville
- MLS Number
- W13658236
- Property Type
- Commercial
- Status
- active
- Days on Site
- 13
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 785 sqft
- Neighbourhood
- Etobicoke (West Mall / Rexdale)
- Listing Brokerage
- RE/MAX EXPERTS
Exceptional Opportunity To Lease A Brand-New Office Suite At The Prestigious Regal Plaza Corporate Centre. This +785 Sq. Ft. Suite Is Ideally Located On The Second Floor Directly In Front Of The Elevator, Offering Excellent Visibility And Effortless Client Access. Featuring Floor-To-Ceiling Windows, The Space Is Filled With Abundant Natural Light, Creating A Bright And Professional Environment.As An Added Incentive, The Unit Is Currently Undergoing Renovations At The Landlord's Expense, Allowing Prospective Tenants To Transition Seamlessly Into A Refined, Move-In-Ready Workspace Without The Challenges Of Leasing A Shell Unit. Renovations Include Elegant Flooring, Modern Light Fixtures, And Finished Walls, Offering Immediate Value And Reduced Upfront Costs. Common Washrooms Are Conveniently Available Throughout The Floor For Guests And Staff. Regal Plaza Is Surrounded By Numerous Nearby Amenities, Upscale Dining Options, And Luxury Restaurants, Enhancing The Daily Business Experience. Includes One Underground Parking Space Plus Ample Visitor Parking. Strategically Located Minutes From Toronto Pearson International Airport, The Toronto Congress Centre, And With Easy Access To Highways 401, 409, 427 & 27. Regal Plaza Is A Premier Mixed-Use Development Featuring Executive Offices, Ground-Floor Retail, A Hotel, And A Striking Central Atrium. Landlord Motivated. Immediate Availability.
Discover West Humber-Clairville
West Humber-Clairville 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 West Humber-Clairville
- •Convenient location in Etobicoke (West Mall / 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
West Humber-Clairville 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.
600 Dixon Road Unit 204, Etobicoke (West Mall / 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 $2/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 13-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.