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485-489 Wellington St W
Toronto, ON M5V 1E9 Waterfront Communities-The Island

Rate Upon Request

Office For Lease  •  9,439 SF

Property Details

  • Property Type Office
  • Year Built 1947
  • Total Building Size 9,439 SF
  • Tenancy Single
  • Building Class C
  • Zoning CRE
98 Transit Score
97 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Office 9,439 SF Rate Upon Request 
Spanning 9,439 sq. ft., this property features approximately 14-foot ceiling heights, a finished basement, and patio potential, making it ideal for creative office users, boutique retailers, or hospitality concepts seeking high visibility and flexible layout options.

  • Date available: Nov 2026
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet

Description 

Situated in the heart of Toronto’s King West entertainment district, 485–489 Wellington Street West offers a rare opportunity to lease a versatile retail or office space in one of the city’s most dynamic urban corridors.

The site benefits from ample surface parking with approximately 15 spaces in front and 5 in the rear, a rarity in downtown Toronto. Rear loading access further enhances operational convenience for tenants with logistical needs. Located just steps from King Street West, the property is surrounded by Toronto’s highest concentration of restaurants, theatres, and nightlife venues, and is adjacent to major developments like The Well and Portland Centre, which are adding over 5,000 new residential units to the area.

With proximity to the Gardiner Expressway, Spadina Avenue, and Bathurst Street, the property offers excellent vehicular access, while pedestrian walkways and nearby transit routes ensure strong foot traffic. This location is ideal for businesses looking to capitalize on the energy and growth of Toronto’s downtown west.

Highlights

Located steps from King Street West in Toronto’s entertainment district.
Finished basement and patio potential offer layout flexibility.
Ample surface parking with front and rear access.
Rear loading dock supports operational efficiency.
Surrounded by major residential and mixed-use developments.

Amenities

  • Signage
  • Air Conditioning

Major Tenants

Tenant SF Occupied Lease End Date
Qtower presentation centre

Public Transportation

Commuter RailDriveWalkDistance
3 min 17 min 0.9 mi
3 min 19 min 1.0 mi
Transit/SubwayDriveWalkDistance
King Street West at Portland Street (King - TTC, Lake Shore Rd - TTC) 1 min 3 min 0.2 mi
Bathurst Street at Wellington Street West (Bathurst - TTC) 1 min 4 min 0.2 mi
King Street West at Brant Street Farside (King - TTC, Lake Shore Rd - TTC) 1 min 5 min 0.3 mi
Spadina Avenue at King Street West (Spadina - TTC) 1 min 6 min 0.3 mi
Spadina Avenue at Front Street West (Spadina - TTC) 2 min 6 min 0.3 mi
AirportDriveWalkDistance
Billy Bishop Toronto City 5 min - 1.0 mi
Toronto Pearson International 32 min - 20.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Arlin Markowitz 416-815-2374 CBRE, Limited
Arlin Markowitz 416-815-2374 CBRE, Limited