57 SPADINA AVE Welcome to an Exciting Commercial Leasing Opportunity Within the Podium of This Mixed-Use Building Located at King and Spadina
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57 SPADINA AVE Welcome to an exciting commercial leasing opportunity within the podium of this mixed-use building located at King and Spadina In the heart of the city’s trendy King West neighbourhood comes a modern and high profile mixed-use development encompassing premimum commercial space on floors 2 through 4. Steps to multiple transit lines and vehicular arteries, the city’s best restaurants and entertainment establishments as well as a variety of shops and local amenities, 57 Spadina is ideally located in one of Toronto’s busiest neighbourhoods. NEIGHBOURHOOD OVERVIEW Located in the trendy Fashion District, King West is one of Toronto’s fastest Union Billy Bishop growing areas. It is home to some of the country’s top talent and is the chosen Station Toronto Airport area for many of Canada’s leading companies. It is also surrounded by continued residential density and growth. TRANSIT & WALKABILITY Steps from the downtown Core, the Financial District and Queen West, King Future Spadina West has a perfect Walk and Transit Score. All errands can be done quickly and Go Station conveniently by foot, with easy access to multiple transit options. 57 Spadina is a ten-minute walk from Union Station (Toronto’s main transit hub), where you have access to GO transit, UP Express to Pearson Airport as well as the TTC subway. Additionally, 504 King, 509 Harbourfront and 510 Spadina streetcar routes are 57 steps away. For drivers, both Lake Shore and the Gardiner are nearby, connecting SPADINA you to all ends of the city. AVE. Spadina Streetcar NEIGHBOURHOOD ATTRACTIONS King West is also home to the annual and ever popular Toronto International Film Festival, bringing with it top celebrities and swarms of tourists and fans to the KING ST. W area. Additionally, it is steps from both the Rogers Centre and Scotiabank Arena for sports fans, perfect for taking out clients. King West is also home to some of the city’s most renowned restaurants including Patria, Jacobs and Co., Baro, Buca, King Streetcar Marben, Le Select Bistro and Lee. SPADINA AVE. LOCAL AMENITIES From a day-to-day perspective, King West has a wide variety of local amenities. There is an array of grocery stores, specialty shops, exercise options and green spaces to choose from. This makes working in the area easy and convenient, making it a top choice for many business owners looking to hire and retain QUEEN ST. W top talent. This area is currently home to a multitude of design and advertising agencies, maturing tech businesses, as well as established companies including Indigo, eBay and Shopify. Queen Streetcar GROWTH & DEVELOPMENT King West is the leading tech hub in Canada and with this has come an influx of growth and development. Construction is a staple of this neighbourhood, with cranes constantly rising, representing the influx of new development that has taken place over the last decade. With this increase in development, King West has become a coveted Toronto address for young and established professionals alike, resulting in a lack of supply across the node, coupled with increased demand. King West is a highly coveted and reputable location, offering exciting and quality real estate, that is the chosen solution for many businesses today. BUILDING OVERVIEW NEIGHBOURING TENANTS The Taylor, developed by Tricon Capital and designed by FEATURES Diamond Schmitt Architects and Graziani + Corazza Architects, • High density capability (~1:50 square feet) is a 36 storey, 286-unit, premium rental tower coming to the • Private south facing terraces Toronto market. Currently under construction and scheduled • South facing views of Clarence Square Park for completion in Q2 2021, it marks the first purpose-built rental • Improved air quality project coming to the King West neighbourhood in recent years. • Impressive natural light • Prominent branding potential The commercial space occupying three full floors of the building’s podium will be designed for high density capacity. Ideally situated at King and Spadina, impressive branding potential exists as well as high-profile exposure to one of the city’s busiest intersections. Each floorplate will consist of roughly 14,000 square feet, with patios situated along the south side of each floor. Additionally, up to 27 commercial parking stalls will be available, alongside bike storage. NET RENT TERM AVAILABLE Contact Listing Agents Contact Listing Agents 2nd Floor: 14,524 sq.ft. 3rd Floor: 16,939 sq.ft. ADDITIONAL RENT POSSESSION 4th Floor: 17,439 sq.ft. $22.00 per sq.ft. (est. 2021) June 2021 Total: 48,902 sq.ft. 2nd Floor: 15 ft. CEILING HEIGHTS 3rd Floor: 10 ft. 4th Floor 13.3 ft. 17 ft. from Core to North Columns (TYP), 25 ft. from Core to South Columns (TYP), +/-20 ft. COLUMN SPACING Column Spacing East-West PARKING 27 commericial parking stalls plus 2 car share stalls, 13 bike space on L4 LEED CERTIFICATION TGS Tier Two NUMBER OF ELEVATORS 2 elevators serving P4 to L4 Power Capacity: 1.2 Watts/ sq.ft. for lighting; 3.0 Watts/ sq.ft. for tenant power; 2.0 Watts/ TOTAL POWER AVAILABLE IN sq.ft for supplementary cooling ; 2.0 Watts/ sq.ft. for supplementary power. Total = 8.2 DUCTS FOR TENANTS watts/sq.ft EMERGENCY GENERATOR Emergency power (diesel generator) will be provided serving the entire building. METERING Owners electrical meter in main switchboard for electricity demand and consumption. On floor 4-pipe fancoil units with heating and cooling. Heating and cooling provided by HVAC SYSTEMS Enwave through the 4-pipe fan coils. HVAC ZONES Currently designed as one zone per floor with future provisions of having multiple zones FRESH AIR Built to ASHRAE standards Concierge 9-5 pm and a security guard 24/7, fob access to floors 2 through 4, Elevators SECURITY locked off after hours. Food & Beverage Hotel LOCATION Retail Health & Wellness Bank & Finance Entertainment Tequila Grace Jacks O’Malleys Khao La San Carnita Shoppers Road Sweet Drug Jesus Wilbur Mart Patria Aroma Shoppers Starbucks Princess Mexicana Pizza Pizza Fresh & Royal CIBO Quantum Espresso Drug Hyatt King Street of Wales Shoeless Alexander The Keg Belfast Love Wine Bar Patagonia Weslodge Coffee Wild RBC Bar Mart TIFF Luma Roxy Joe’s Regency Social Lightbox Theater Byblos Theater KING ST. W Le Germain Pizzeria Spice Baro Rodney’s Brassaii Campo Flight Bulk Bar Starbucks Gabby’s Centre Hotel Kit Kat Roy Libretto Route Oyster Food Barn Hop Thompson SOMA Hall Soul House Wayne Fred’s Hall Porchetta Chocolate Cycle Not Here & Co 57 Gretzky’s A&W SPADINA Maison SPiN AVE. Mercer Toronto Milagro Petro-Canada SoHo Pizza Le Select Metropolitan Rustica Bistro Mira BMO Shell John St. SPADINA AVENUE SPADINA Wellington St. W Wellington St. W Way Blue Jays Cora Marriott Sunset The Ritz- The Toronto Grill Carlton Shore Club LCBO Fionn Boston Pizza RBC MacCools Pizza Pizza Starbucks FRONT STREET WEST FRONT STREET WEST Metro Toronto InterContinental Convention Toronto Centre FLOOR PLANS 2ND FLOOR MECHANICAL SPADINA AVENUE SPADINA COMMERCIAL 14,524 SF 3RD FLOOR SPADINA AVENUE SPADINA COMMERCIAL 16,939 SF FLOOR PLANS 4TH FLOOR SPADINA AVENUE SPADINA COMMERCIAL 17,439 SF CONTACT Cushman & Wakefield ULC., Brokerage FRASER McKAY* 161 Bay Street, Suite 1500 Senior Vice President Toronto, ON M5J 2S1 416 359 2422 www.cushmanwakefield.com [email protected] Cushman & Wakefield ULC, Brokerage. No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing condition, imposed by our principals. * Sales Representative.