Montrose Avenue Montrose

Dundas Street West

For Sale Trinity-Bellwoods 1002-1004 West, Repositioning Opportunity , ON

Elliot Medoff* Michael Botting* 1002-1004 Dundas Street West & 1A Montrose Avenue, Toronto (the Vice President Associate “Property”) represents a rare opportunity to acquire a 100% freehold +1 416 238 9768 +1 416 238 9829 interest in an urban streetfront assembly on Dundas Street West, in [email protected] [email protected] the heart of Toronto’s Trinity-Bellwoods neighbourhood. Euan Darling* The Property is located directly opposite Trinity-Bellwoods Park, one Senior Associate of Toronto’s most popular recreational enclaves, offering a unique +1 416 238 9961 opportunity to renovate or redevelop the existing structure into a [email protected] variety of commercial and residential uses, taking advantage of the mmediate area’s exponential growth in popularity and attractive in- place mixed-use zoning. *Salesperson Investment Highlights Salient Facts • Rare opportunity to buy a streetfront assembly on 1002-1004 Dundas Street West & Addresses: Dundas Street West 1A Montrose Avenue, Toronto, ON* • Directly opposite of Trinity-Bellwoods Park Total Building Size: 5,240 square feet (above grade) • Regularly serviced by TTC streetcars, the Property offers Ground Floor Area: 2,778 square feet convenient access across Downtown and beyond Lot Area: 2,960 square feet • Approx. 60 feet of combined frontage across from Trinity- Year Built: c. 1902 Bellwoods Park Zoning: R (d1.0) • A blank canvas for users and developers, offering a variety Maximum Height: 33 feet of exciting renovation and redevelopment options Asking Price: $2,900,000 • Located in one of Toronto’s most rapidly intensifying *The Property has three distinct and separate roll numbers (ARNs), making it ideal nodes, with 22 active residential developments nearby for future severability • A unique opportunity to make a mark on one of ’s most prominent thoroughfares

Repositioning Overview The offering is an exceptional opportunity with the Property offering prospective purchasers a blank canvas and a wide variety of renovation and redevelopment options. As-of- right zoning allows for residential uses and the Official Plan designates the area as Neighbourhoods. Given historical commercial uses at the Property, Dundas Street West frontage, in addition to multiple precedents set in the immmediate area a variety of commercial and residential uses will be permissible on site.

Options for redevelopment are varied, but range from a residential townhouse development to a mixed-use structure with ground floor commercial and above-grade apartments, or some combination of the two. Any extensive renovation or redevelopment at the Property will require approval from the Committee of Adjustments. However, recent redevelopment applications in the immediate area have been approved by the Committee and as a result, have set a positive precedent for the proposed redevelopment options on-site. Second Floor area

Ground Floor area - stripped back to brick & beam Ground Floor area - looking north from Dundas Concept Development Floor Plans

Floor Plan Concept - First Floor

Floor Plan Concept - Second Floor Floor Plan Concept - Third Floor

Floor Plan Concept - Rooftop Patios BLOOR ST. W. OSSINGTON AVE. 18 MINUTES

BATHURST ST. UNIVERSITY AVE.

20 MINUTES

11 MINUTES COLLEGE ST.

SPADINA AVE.

DUNDAS ST. W.

DUFFERIN ST.

1 MINUTE

12 MINUTES 20 MINUTES 25 MINUTES QUEEN ST. W.

KING ST. W.

LAKE

GARDINER EXPRESSWAYEXHIBITION PLACE

25 MINUTES

Location Overview The Property is situated in a rare location on Dundas Street West, offering direct exposure and positioning immediately adjacent to Trinity-Bellwoods Park. The Property is surrounded by a rapidly intensifying mixed commercial-residential neighbourhood, offering a wide range of amenities catering to Toronto’s young urban demographic. A variety of bars, cafes, boutique clothiers, clubs, high-end eateries, a prominent urban culture arts scene, as well as a thriving residential neighbourhood can be found steps from the Property, resulting in substantial vehicle and pedestrian traffic counts along Dundas Street West. Access to TTC streetcar service along Dundas Street West offers convenient access to the Downtown Core and beyond.

The Trinity-Bellwoods market has recently been the site of numerous new mid-rise condo developments, centering on Dundas Street West and West, where several new projects have begun to capitalize on the demand to live in close proximity to the Downtown Core. The recent trend in mid-rise residential development shows little signs of slowing down, with over 40 projects (13,560 units) proposed for construction across Downtown West as of Q1-2018. 32,793 $113,839 18.6% 24,361 Total Avg. HH Avg. HH Income Vehicles per Day Population Income Growth (Dundas West & (1 km ring) (1 km ring) (2012-2017) Ossington, 2016) Offering Process For more information please contact:

JLL has been exclusively retained by the Vendor to seek Elliot Medoff* Michael Botting* proposals to acquire the Property. The Property is offered Vice President Associate for sale at $2,900,000 on an as-is, where-is basis, free and Capital Markets Capital Markets clear of debt. The Vendor’s objective is to maximize sale +1 416 238 9768 +1 416 238 9829 proceeds, while preference will be given to offers with limited [email protected] [email protected] conditionality. Offers should be submitted to the attention Euan Darling* of Elliot Medoff and Euan Darling at 22 Adelaide Street West, Senior Associate Suite 2600, Toronto, ON, M5H 4E3. Capital Markets +1 416 238 9961 [email protected]

*Sales Representative

Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their represen- tatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the Property without express or implied warranties of any kind. The Property may be withdrawn without notice. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. ©2018. Jones Lang LaSalle. All rights reserved. *Sales Representative **Broker.