2-4 HARRISON ROAD | ON

HARRISON ROAD ROAD

INVESTMENT SUMMARY

Development Opportunity in Affluent Residential York Mills Neighbourhood Investment Highlights PROPERTY INFO TURNKEY BUILD-OUT Site Area 0.596 acres (25,948 SF) EXECUTIVE SUMMARY With the development site Colliers Macaulay Nicolls Inc. (“Colliers”) has been retained by 10412490 Canada Corp. & 24,957 SF (2 Harrison Road) approved it is welled positioned for Total GFA 5,424 SF (4 Harrison Road) quick construction timeline following 10525243 Canada Corp. (“Vendor”) to act as its advisor and agent of the properties located at 2 & 4 Harrison Road 30,381 SF (Total) in Toronto. The site is 0.596 acre development assembly located 450 meters east of the intersection of Bayview Site Plan Approvals. This street front site is approved for the construction and York Mills. The subject site is approved allowing for the construction of a townhouse block totaling 24,957 SF Frontage (Harrison) 173 across 6 units (2 Harrison Rd) and a single detached dwelling totaling 5,424 SF (4 Harrison Rd). The site sits in of 24,957 SF of residential use across 6 townhouse units and a a prime location, a 1-minute drive from everyday amenities at the York Mills Shopping Center and 3 Official Plan Neighborhoods minutes from York Mills subway station, providing quick and easy access to the rest of the city. Highway 401 can single detached development for 5,424 SF. The purchaser of this property will be able to also be conveniently accessed in as little as 2 minutes by car, and the Bayview Village Shopping Centre can be Secondary Plan N/A reached by an additional 1-minute drive north. This area also allows residents to access the east-west running quickly take this property into the build-out phase after having site plan approved. Sheppard subway line via Bayview subway station. The surrounding amenities and easily accessed transit are Zoning RM1 likely to result in an effortless sales process for the purchaser that acquires this rare turnkey development property. Property 100950029, 100950028 ACCESSIBILITY Identification Number This property is uniquely $26,632 Property Taxes situated in such a way that allows residents to quickly access 4 HARRISON ROAD multiple modes of transportation that will bring them to their destinations faster than is possible in most locations in the city. Both north- 2 HARRISON ROAD south and east-west subway lined are accessible in less than 5 minutes by car via York Mills station and Bayview station respectively. For those who prefer to travel by car, the 401 can also be reached in less than 5 minutes, also providing rapid access to the DVP by way of a 2-minute journey eastward on the 401.

AMENITY OFFERINGS Residents of these units will be able to enjoy the unique benefit of having easy access to frequently utilized amenities in all directions. For groceries, household products and banking needs, York Mills Shopping Centre can be reached in 2 minutes by car. A further 3 minutes to the north, Bayview Village Shopping Centre is an enclosed shopping mall that is home to a vast array of retailers that will meet all residents shopping needs. If these shopping centers do not provide what residents are looking for, the York Mills and Leslie commercial corridor is located 2 minutes to the east, where numerous big box retailers can be found.

2 | COLLIERS INTERNATIONAL – PRIVATE CAPITAL INVESTMENTS GROUP 2-4 HARRISON ROAD, TORONTO | 3 Survey Design Plans 2 HARRISON ROAD 4 HARRISON ROAD

Ground Floor Plan Second Floor Plan

Front Elevation

*Design plans are for illustration purposes only.

4 | COLLIERS INTERNATIONAL – PRIVATE CAPITAL INVESTMENTS GROUP 2-4 HARRISON ROAD, TORONTO | 5 Area Overview YORK MILLS Nestled in the heart of North York just south of the 401, the main draw for this SHOPPING CENTRE property is the unbeatable access to amenities and transportation options, while still providing a calm suburban atmosphere. While the properties are located on Harrison Road, they sit on the corner intersecting with , a main arterial road for North York and the Windfields area. The surrounding neighbourhood is comprised mostly of detached homes, as well as a townhouse community to the west and multiple schools and parks in all directions.

Within a five minute walk distance, Irving Paisley Park offers 12 acres of BAYVIEW YORK greenspace and community amenities, having forested trails, a baseball IRVING PAISLEY PARK & MILLS PARKETTE diamond, and a hockey arena. Further south, Windfields park turns into YORK MILLS ARENA Edward Gardens, a botanical garden that connects acrosss multiple parks eventually turning into the Don Valley. This greenspace connectivity is rarely found in the city, giving the property a unique selling point that can be showcased to prospective buyers.

Further to the west, York Mills subway station provides connectivity to the greater city along the Finch-Vaughan line, and additional commercial offerings and several office buildings which could potentially be a marketing target for buyers who want to shorten their daily commute to work. Across the 401 to the north, even more shopping destinations can be found at the Bayview Village Shopping Centre, as well as access to the Sheppard subway line through Bayview subway station. The main commercial node in the area surrounding the east side of the Leslie-York Mills intersection contains a wide variety of amenities, including but not limited to grocery stores, schools, offices, dining establishments, big box stores, churches, medical offices, a police station, and much more all within a 5 minute drive. DEMOGRAPHICS 2-4 TOTAL TOTAL LABOUR HARRISON ROAD POPULATION FORCE YORK MILLS ROAD Development Potential 39,865 19,995 The vendor for the subject property has taken the project through a substantial portion of the development process. After undergoing the rezoning process and subsequent MEDIAN HOUSEHOLD TOTAL MEDIAN appeal to the OMB, the lands are now zoned to permit the construction of six 3-storey INCOME HOUSEHOLDS AGE townhomes in a single block and a single detached family dwelling. After finalizing a $132,750 15,234 45.9 design, the only step remaining that the purchaser will be required to take the project through the site plan approval process. Due to the fact that this is a single townhome block, it is anticipated that this step will be relatively seamless, provided the purchasers proposal is permitted within the new zoning regulations. The total GFA of this townhome block is 24,957 SF and 5,424 SF for the single detached home. Another benefit of this particular parcel is the fact that it is carried land. If the purchaser does not want to immediately move into the site plan and build out phase, they can rent out the existing units and maintain their financial position until they choose to proceed. HARRISON ROAD

6 | COLLIERS INTERNATIONAL – PRIVATE CAPITAL INVESTMENTS GROUP 2-4 HARRISON ROAD, TORONTO | 7 Amenities Map

Bayview Village Shopping Centre

Bayview Subway Station

Sheppard-Yonge Subway Station Harrison Public School

Windelds Middle School

York Mills/Leslie Don Valley Golf Course Commercial Node

York Mills York Mills Collegiate Institute Subway Station

Irving Paisley Park York Mills Shopping Centre

CF Shops at Don Mills 2 & 4 HARRISON ROAD (ASSET) Windelds Park

SHOPPING / COMMERCIAL CENTRE PARKS / GOLF COURSES EDUCATIONAL INSTITUTIONS YONGE-UNIVERSITY SUBWAY LINE SHEPPARD SUBWAY LINE

COLLIERS INTERNATIONAL | PRIVATE CAPITAL INVESTMENT GROUP 181 Bay Street, Suite 1400 Toronto, Ontario M5J 2V1 T: +1 416 777 2200 F: +1 416 777 2277

Jeremiah Shamess* Myles Kenny* Vice President Associate Vice President +1 647 884 5449 +1 416 620 2882 [email protected] [email protected]

* Sales Representative

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