Descripation

Prime corner retail/restaurant unit for lease in the newly constructed luxury condo building, "The Residences at Island Park Drive". The property is located at a high-traffic intersection of Wellington Street West and Island Park Drive between the Wellington West and Westboro communities. The unit is approximately 2,135 sq. ft. plus a large outdoor patio which fronts onto future greenspace/parkland. Ideally suited for a restaurant/cafe/bar business. The space is available March-May 2026. Net Rent is: $50 per sq. ft. for the first 5 years and $56 per sq. ft. for the second 5 year term. Additional Rent is estimated at $18-$20 per sq. ft. but to be confirmed. Note: this unit is owned privately and separately from the adjacent retail units also available for rent.