Commercial Space For Lease In Toronto
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FAQ
As a basic rule, every proposal that you do should be about the property and the client in almost every respect. The back of the document can be reserved for details about your staff and your office. At least 75% of your proposal should be about the client and the property.
Questions to Ask When Viewing a Commercial Property What type of commercial lease is being offered? ... What is the minimum lease term? ... What amenities are included? ... What insurance coverage is required? ... How much parking is allotted to the renter? ... Is there room for expansion? ... Can you make changes to the office space layout?
In general, commercial rents are taxable for GST/HST purposes, provided the landlord is not a small supplier as defined under the Excise Tax Act (ETA).
Here are our top 8 sections to include in your commercial property proposal: Lease Term or Lease Type: ... Rent Obligations: ... Security Deposit: ... Permitted Use or Exclusive Use Clauses: ... Maintenance and Utilities: ... Personal Guarantee: ... Amendments, Modifications, or Termination Clauses: ... Subleases:
In a single net lease, you usually pay the base rent plus property taxes (though in some cases, you might pay for insurance or utilities instead). The landlord pays all other expenses.