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828-832 Bay St
Toronto, ON M5S 1B1 Bay Street Corridor

$11,698 USD/MO

Storefront Retail Office For Lease  •  2,562 SF

Property Details

  • Property Type Storefront Retail Office
  • Year Built 1925
  • Total Building Size 20,000 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning CR
98 Transit Score
99 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste 828 Retail 2,562 SF $54.79 USD/SF/YR 
Located in the heart of Toronto’s renowned Discovery District, 828 Bay Street offers an exceptional retail opportunity within one of the city’s highest-demand urban corridors. This fully fixtured restaurant space delivers a turnkey advantage for operators seeking immediate market presence in an area defined by unmatched daily foot traffic, established co-tenancy, and extraordinary institutional adjacency. Positioned just one block from the vibrant Bay and College intersection, the site is surrounded by a dense blend of high-rise residential and office towers, providing built-in visibility to a dynamic population of residents, professionals, students, and visitors.

The property benefits from an impressive lineup of synergistic neighbouring retailers including Nando’s Chicken, Farm Boy, Au Pain Doré, and Running Room, enhancing both brand exposure and destination appeal for incoming tenants. Its strategic location adjacent to Hospital Row, Queen’s Park, and the MaRS Discovery District places it within immediate reach of thousands of daily workers and visitors who rely on convenient, well-placed retail and dining options.

Transit accessibility further elevates the asset’s value, with both College and Wellesley subway stations situated within a comfortable walking distance, connecting the site to the broader downtown network and surrounding neighbourhoods. Prominent Bay Street frontage enhances the property’s street presence, creating opportunities for impactful signage and strong customer capture.

This rare availability within Toronto’s bustling urban core offers significant potential for operators aiming to establish or expand a flagship presence. With proximity to leading educational, medical, research, and governmental nodes, the space is well positioned to serve a diverse customer base in a consistently active environment. Retailers seeking a premier, pedestrian-oriented location with meaningful co-tenancy and continual demand will find 828 Bay Street an exceptional fit.

  • Date available: Apr 2026
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Restaurants And Cafes
  • Space Type: Relet

Highlights

Turnkey restaurant space benefiting from established co-tenancy in a high-traffic district.
Prominent Bay Street frontage offering strong visibility to constant pedestrian flow.
Immediate proximity to major hospitals, Queen’s Park, and institutional campuses.
Steps from subway access providing convenient customer and employee connectivity.
Surrounded by dense residential towers and active daytime office population.

Amenities

  • Bus Line
  • Air Conditioning

Major Tenants

Tenant SF Occupied Lease End Date
Browne's Contracting
D Spot
Mt. Fuji Sushi
N15 Salon
Nando's

Public Transportation

Commuter RailDriveWalkDistance
Union Station Rail (Barrie Train - GO Transit, Kitchener Train - GO Transit, Lakeshore East Train - GO Transit, Lakeshore West Train - GO Transit, Milton Train - GO Transit, Niagara Falls Train - GO Transit, Richmond Hill Train - GO Transit, Stouffville Train - GO Transit) 4 min - 1.2 mi
Toronto (Maple Leaf - Via Rail Canada) 4 min - 1.3 mi
Transit/SubwayDriveWalkDistance
College Street At Bay Street (CARLTON - TTC) 0 min 1 min 0.1 mi
100 College Street (CARLTON - TTC) 0 min 3 min 0.2 mi
College Street At Yonge Street (CARLTON - TTC) 0 min 3 min 0.2 mi
Carlton Street At Yonge Street (CARLTON - TTC) 1 min 4 min 0.2 mi
College Station - Southbound Platform (Yonge - University - Spadina - TTC) 1 min 4 min 0.2 mi
AirportDriveWalkDistance
Billy Bishop Toronto City 11 min - 3.3 mi
Toronto Pearson International 38 min - 22.2 mi
Arlin Markowitz 416-815-2374 CBRE, Limited
Arlin Markowitz 416-815-2374 CBRE, Limited