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254 Preston Street

4205 - West Centre Town / West Centre Town, ON K1R 7R4

ActiveFor Rent
0 Beds
0 Baths
3,000 Sq Ft
Commercial

About This Property

Prime Second Floor Little Italy location at the corner of Preston Street and Gladstone Avenue. The space features 3,000 square feet of open concept space, many windows facing east and south bringing lots of natural light, two washrooms, and a bar area. High visibility location benefits from a large volume of pedestrian and vehicular traffic, steps away from Corso Italia LRT station and is surrounded by many well known restaurants, cafes, shops. Can be used for a variety of uses not limited to office space, lounge space, event space, cooking school, professional service uses. Monthly Rent $5,500 per month plus HST. Tenant pays proportionate share of Property taxes ($3/sq ft), garbage, snow plus Heat & Hydro. Option 2: full floor of 5,000 square feet also available which can be used as a restaurant and includes fully equipped kitchen, storage, office and back patio at $10,000 per month plus HST and proportionate share of Property taxes ($3/sq ft), garbage, snow, and all Utilities. Only the full floor of 5,000 sq ft can be used as a restaurant.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Rent
Interior Size3,000 sq ft
Bedrooms0
Bathrooms0
Postal CodeK1R 7R4
Last UpdatedOct 28, 2026 · 10:45 a.m.

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Features & Amenities

  • Air Conditioning

Buying or selling in West Centre Town?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® X13687308

Listed by SHAKER REALTY LTD.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$5,500

per month

MLS®X13687308
TypeCommercial
CityWest Centre Town
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$27

/month · $4,400 mortgage

Down Payment20% — $1,100
Interest Rate5.5%

Amortization

Total Interest

$3,657

Total Cost

$8,057

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

SHAKER REALTY LTD.