Davisville Medical Dental Centre | Medical Offices For Lease In Toronto, ON

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Medical Offices For Lease In Toronto

Davisville Medical Dental Centre

1849 Yonge Street, Toronto, Ontario, Canada
Spaces For Lease
Tenants
+
Physicians
Square feet

Property Description

Davisville Medical Dental Centre is a nine-storey, 97,710 square foot medical office building conveniently located in midtown Toronto on Yonge Street. Recent improvements in the building include the creation of an accessible rear entrance, a second lobby added at the rear of the building, a full modernization of the front lobby, a stairwell renovation, and upgrades to the building exterior. The modernized building features a diverse tenant roster with a comprehensive mix of medical and dental professionals, along with a full array of medical specialists and ancillary healthcare service providers such as laboratory, pharmacy, and diagnostic imaging, providing for a complete healthcare ecosystem for both medical professionals and patients. The building is well-serviced by public transit and is located across from the Davisville Station on the Yonge subway line.

Additional Details

Features

Accessible,
Elevators,
Bike Storage,
Lab,
Pharmacy,
Maintenance,
Free Wifi,
Baby Change Stations,
Public Transit,
Secured,
X-Ray,
,

Location

Toronto Medical Offices For Lease

Suite #115
1,642 sq.ft.

Available:

Immediately

Asking Rent:

$18.00 per sq.ft.

Additional Rent:

$23.16 per sq.ft.

Floorplan:

Suite 115 is a spacious, high-visibility ground floor space in base building condition. The space can be built out to suit the tenant's requirements. The suite has a prime location in the newly-created rear lobby of the building and will see significant foot traffic. Available immediately.
Interior Images
Suite #312
541 sq.ft.

Available:

July 2022

Asking Rent:

$18.00 per sq.ft.

Additional Rent:

$23.16 per sq.ft.

Floorplan:

Suite #312 is a rare corner unit - ideally suited for a solo practitioner. The space is built out with one large office, private waiting area, in-suite washroom, and kitchenette. Available July 1st, 2022.
Interior Images
Suite #502
150 sq.ft.

Available:

Immediately

Asking Rent:

Additional Rent:

Floorplan:

Fully furnished private offices for lease inside a shared office space for psychologists /psychiatrists at 1849 Yonge Street, a few steps from Davisville Subway Station. The suite consists of a shared waiting room, kitchen and washroom and 6 private offices and monthly costs include heat/AC, hydro, WIFI, nightly cleaning and secure FOB card access to shared and private areas. Most offices have natural light, great views and include the following furniture: - 1 Arm Chair - 1 small couch / loveseat - 1 office chair - 1 desk - 1 coffee table Leases available starting March 1st, 2020 and lease terms are flexible and can begin as low as 3 months. Each office may be shared by up to two people – one individual and their associate practitioner, or two individuals co-sign a lease. $800 to $950 per month. All rates are per month and exclusive of H.S.T.
Interior Images
Suite #605
368 sq.ft.

Available:

Immediately

Asking Rent:

$18.00 per sq.ft.

Additional Rent:

$23.16 per sq.ft.

Floorplan:

Suite 605 is a rare turnkey unit ideally suited for a sole practitioner. The space is built out with one large office and a small, private waiting area. The unit is contiguous with the neighbouring suite (1,068 square feet), providing the option to expand in size to a total of 1,413 square feet.
Interior Images
Suite #710
604 sq.ft.

Available:

Immediately

Asking Rent:

$18.00 per sq.ft.

Additional Rent:

$23.16 per sq.ft.

Floorplan:

Turnkey unit ideally suited for a solo practitioner. The space is built out with 2 exam rooms, a private office, waiting and reception area, and a private washroom. The unit is contiguous with the neighboring suite 712 providing the option for a larger unit 1470 sf in size.
Interior Images
Suite #712
868 sq.ft.

Available:

Immediately

Asking Rent:

$18.00 per sq.ft.

Additional Rent:

$23.16 per sq.ft.

Floorplan:

Suite 712 is currently built out as a medical office featuring a large reception area, one large office, one small office, and a generous administrative area. The space can be reconfigured to suit a new use or alternative layout. The unit is contiguous with the neighboring unit 710 providing the option for a larger unit, 1470 sf in size.
Interior Images
Suite #914
889 sq.ft.

Available:

Immediately

Asking Rent:

$18.00 per sq.ft.

Additional Rent:

$23.16 per sq.ft.

Floorplan:

Suite 914 is a spacious, turnkey unit featuring a reception and waiting area, a kitchenette, one large office, and two medium-sized offices/exam rooms. The existing layout can be easily converted to accommodate four offices.
Interior Images

*Asking rent is negotiable. Additional rent estimate is subject to change.

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Tenant Services

We continually assess current practices and industry trends to improve and enhance your satisfaction.

Why Lease Medical Office Space With NorthWest?

Our commitment to our tenants is simple – to provide quality space and service – at a great value.

Our approach to this commitment is through hands-on and proactive property management.  We boast dedicated teams with years of experience in healthcare real estate operations who are motivated by the challenge of delivering great service day after day to you and your patients.

We're Wired Certified!

The property has recently joined an elite group of buildings by receiving a Wired Certified rating.

Wired Certified guarantees that measures have been taken to reduce the risk of connectivity loss and interruption.  The building can support tenant connectivity needs with confidence.

As a landlord, ensuring that you receive the best possible experience as a tenant is important to us and we are committed to maintaining NorthWest Healthcare Properties’ position as a market leader and pioneer in digital connectivity.

Additional Services Available to You

Space Planning & Design

Our healthcare designers will help you create the perfect office space 

Our Team

Construction Management

A  specialized construction team will bring your vision to reality.

male-electrician-fixing-electric-sign-on-the-ceiling

Building Maintenance

Our maintenance team is on call 24 hours a day, 365 days a year.

Online Work Order System

Simply message our support team to get all your needs addressed.

Additional Services

Space Planning & Design

Our healthcare designers will help you create the perfect office space 

Our Team

Construction Management

A  specialized construction team will bring your vision to reality.

male-electrician-fixing-electric-sign-on-the-ceiling

Building Maintenance

Our maintenance team is on call 24 hours a day, 365 days a year.

Online Work Order System

Simply message our support team to get all your needs addressed.

Building Partners

Our Greatest Asset is the Relationships We Cultivate with Our Tenants.

Main Tenants at Davisville Medical Dental Centre

Our properties are typically full-service medical office buildings, thoughtfully curated with a mix of high quality professional, medical, clinical, laboratory, diagnostic, and pharmaceutical space.

Your Support Team

NorthWest employs a unique team-based approach that combines real estate expertise with specific knowledge of leasing medical office space to meet the specialized needs of our healthcare tenants.

What Our Tenants Have To Say

Our Greatest Asset is the Relationships We Cultivate with Our Tenants

Frequently Asked Questions..

We Have Your Answers

We know that leasing medical office space is a big undertaking.  There’s a lot of questions that need to be answered.  We’re here to help you each step of the way.

The amount of space you require will vary depending on the nature of your business and the efficient use of space you select. We suggest that you meet with a medical space planning specialist to help you get accurate numbers.

In addition to your net rental rate, most commercial leases are structured such that you also pay additional rent, which covers the landlord’s operating and common area maintenance costs. These costs include, but are not limited to, insurance, building and grounds maintenance, property taxes, janitorial services, utilities, etc.

In most cases tenants are personally responsible for telecommunications expenses (phone and internet), cable, electronic medical records services, premises insurance, and maintenance/repairs for equipment, furnishings, and finishes within their premises.

During a typical lease negotiation, leasing proposals are used as a tool to determine terms and conditions acceptable to both landlord and tenant. This will precede an offer to lease outlining the final position of both parties followed by the formal lease agreement. It is typically accompanied by a leasing deposit, generally equivalent to two months’ gross rent, representing first month’s rent as well as a security deposit.

The tenant and/or landlord may not be legally bound to commit to the premises until the various conditions are satisfied. 

Most commercial leases allow the tenant to sublease the premise or assign their lease, with approval by the landlord. Typically, the lessor is unable to unreasonably withhold consent to a transfer request. A prudent lessor will consider the strength of the contract being offered by the incoming tenant and will decline to accept a transfer that could potentially compromise their financial position or security.

A tenant inducement is any incentive or consideration offered to the tenant to sign or renew a lease. This may include a financial contribution to build out the space (either in the form of a tenant allowance or landlord’s work), early occupancy, free rent, etc.this expense.

Tenant improvement allowances are expressed in square feet, so a T.I. allowance of $50 / sq ft for a 1,000 sq ft office would result in a payment of $50,000. T.I. allowances are larger for longer leases, as the landlord has longer to recoup this expense.  The size of the allowance differs with the quality of the building project, the condition in which the space is delivered for construction (i.e., Is HVAC ductwork in place? Has the ceiling been “dropped”?)

Rentable square feet equalS the basis for your rent. Usable square feet equals the actual square footage of your office. The difference between usable and rentable square feet is a pro rata share of the building’s common area — like public hallways, the lobby, public restrooms, etc.

Gross rent is the rent calculated inclusive of all building costs, whereas net rent is rent calculated excluding building costs. Face rent is the quoted rental rate before taking into account inducements or increases, whereas effective rent is the rental rate averaged out over the term of the lease, including inducements.

Both a construction allowance and landlord’s work are types of tenant inducements provided to the tenant to make improvements made to the space. A construction allowance is an amount paid from the landlord to the tenant to cover some or all of the costs of the renovation/build-out, wherein the tenant is responsible for coordinating the work. Landlord’s work is an agreement for the landlord to pay for and coordinate the renovation/build-out of the premises according to approved plans.

Contact Us

NorthWest Healthcare Properties is here to provide you with information, answer any questions you may have and help you find the right medical office for lease for your individual needs.

We strive to provide the best service possible with every contact!

We operate in an industry built on trust.  This can only be achieved through communication and experienced support – from your first contact to your lease anniversary. 

PROPERTY ADDRESS:

1849 Yonge Street, Toronto, Ontario, Canada

HEAD OFFICE ADDRESS:

180 Dundas Street West, Suite #1100, Toronto, ON, M5G 1Z8

PHONE:

416-366-2000

EMAIL

leasing@nwhreit.com

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