$400/mo - 347 Jane Street Unit Cubicle 3, Bloor West Village
Commercial for Rent in Bloor West Village
70 days on market- MLS Number
- W12978666
- Property Type
- Commercial
- Status
- active
- Days on Site
- 70
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 40 sqft
- Neighbourhood
- Bloor West Village / Swansea
- Listing Brokerage
- CRESCENT REAL ESTATE INC.
Let your business grow in a welcoming, professional coworking space with 24/7 keycard access offering an all-inclusive flexible leasing terms of spacious 40 sqft private cubicle in prime Bloor West Baby Point BIA, Toronto. Perfect for entrepreneurs launching a new venture, independent professionals seeking workspace away from home distractions, or established business owners wanting a flexible professional setting - the ideal balance of privacy/convenience. The bright modern space w/10 ft ceiling features stylish decor & cubicle includes storage cabinet. Rent includes all utilities, top security systems, & lightning fast high speed Internet (best you can get) - both Wi-Fi & Ethernet connections. Enjoy complimentary coffee, tea & soft drinks, along w/a shared kitchenette w/cups, plates, utensils, everything you need for a quick break/lunch. 15 hours of Meeting Room use included, perfect for hosting client meetings, presentations, or collaborative sessions easily booked through the shared internal calendar. Helpful admin staff greet visitors & accepts clients, while the lobby waiting area is a professional first impression. Businesses leasing for a year or longer can use The Office's address as their business' address and business logo added to The Office's business directory, enhancing visibility. The community within The Office includes professionals from a wide variety of industries & backgrounds. Commuting is simple w/quick access to both Hwy 401 & Gardiner, TTC transit runs directly in front w/convenient service to Jane & Bloor Subway Station just south of The Office. The neighbourhood offers an excellent selection of cafés/restaurants w/a variety of cuisine, daycare options, shops & everyday conveniences. Lots of parking on Jane St (paid on east side of street) available & lots of free parking throughout the nearby residential streets. Ready to elevate your workday w/great amenities & an unbeatable west end location? *Images and virtual tour from 2022.
Discover Bloor West Village / Swansea
Bloor West Village / Swansea is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Bloor West Village / Swansea
- •Convenient location in Bloor West Village / Swansea
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Bloor West Village / Swansea offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
347 Jane Street Unit Cubicle 3, Bloor West Village / Swansea
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
At $10/sqft, this is priced on the lower end for commercial, which warrants investigating condition, zoning restrictions, and tenancy. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Extended Exposure — Negotiating Room
At 70 days on market, this commercial property has had significant exposure. Commercial listings typically take longer to sell than residential, but this timeline may indicate pricing or tenancy issues worth exploring. A motivated seller often means better terms for a prepared buyer.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Bloor West Village transactions.