Reimagine Downtown Hamilton

Investment Summary Vacant Loft Brick and Beam Building For Sale

Note1 01 HWY 403 Executive Lakeshore West GO Line Summary

Colliers International has been retained exclusively to arrange for the sale of T N 22 Cannon Street, a heritage loft brick and beam office building in the heart of BAY S the James Street North neighbourhood in downtown Hamilton. The property WEST presents an incredible opportunity to acquire a 66,248 SF unique brick and B ST HARBOUR beam building in downtown Hamilton’s premier location, steps from some of CNA the most trendy restaurants and cafes. Originally constructed as the home of C A A M Hamilton suit makers ‘The Firth Brothers’, this property later became the home N Hamilton Downtown Pharmacy North End Farmacia of the renowned Coppley Limited. N O Gate of India Mesa T N N ES S Architecturally appealing with an open, side core layout featuring S Mulberry Coffeehouse Shaolin Underground JAM approximately 13,260 SF per floor which is perfectly suited for creative office T T N tenants or simply companies looking for modern bright spaces. The building Claudio’s S V W ON will be delivered vacant, which allows prospective purchasers to fully reposition IN Charred Rotisserie House S the asset into a state-of-the-art boutique office and retail building almost GH E Bul & Gogi BBQ Korean immediately. While, $1 million dollars of base building work has already S Born & Raised Ola Bakery & Pastry HU been completed, the creation of full floor units and a modern update to the T Nique The Burnt Tongue Saint James lobby and infrastructure will certainly attract the top echelon of the Hamilton Dolled Up Desserts Cannon Pharmacy office leasing market, where rents can push into the $25 per square foot range. 22 Cannon Street East represents an unparalleled investment opportunity with Pho Dui Bo N incredible near term upside in Hamilton’s dynamic downtown market. ST HN JO

August 8 W Asset I L Banks S O Restaurants N S Pharmacy T

2 | COLLIERS INTERNATIONAL - PRIVATE CAPITAL INVESTMENTS GROUP PROPERTY PROFILE MUNICIPAL ADDRESS 22 Cannon Street East, Hamilton, ON SITE AREA 0.45 acres BUILDING TYPE 5-storey brick office building BUILDING SIZE (GLA) 66,248 SF HWY 403 AGE 1929 Lakeshore West GO Line ZONING D1 - Downtown Central Business District OFFICIAL PLAN Downtown Mixed Use SECONDARY PLAN Mid-Rise FRONTAGE Cannon St. – 96.43 ft DEPTH Hughson St. – 144.6 ft SERVICES & UTILITIES Full municipal services available

T N BAY S WEST B ST HARBOUR CNA C A A M N Hamilton Downtown Pharmacy North End Farmacia N O Gate of India Mesa T N N S S Mulberry Coffeehouse Shaolin Underground ME S JA N T T V W Claudio’s N S I Charred Rotisserie House SO N GH E Bul & Gogi BBQ Korean U S Born & Raised Ola Bakery & Pastry H T Nique The Burnt Tongue Saint James

Dolled Up Desserts Cannon Pharmacy Pho Dui Bo N ST HN JO

August 8 W Asset IL Banks S O Restaurants N S Pharmacy T

22 CANNON STREET EAST | 3 02 Investment Highlights

Strategically located in central Hamilton, steps away from James St. North, Hamilton Centre GO Station (850m), West Harbour GO station (650m). This is a true downtown location close to major arteries Main Street, King Street, and which allows for high level accessibility for walking, public transit and car traffic. Downtown Hamilton is home to restaurants, parks, hospitals, and entertainment areas that attract residents and visitors, and offer convenience to users of the space. Significant upside via long-term redevelopment potential provides a unique offering for investment.

ThisUnique and Desirable space allows individuals to live, work, shop and play with over 60,000 SF of brick-and-beam office space featuring high ceilings, large windows that brings in lots of natural light, and 3,500 SF of retail at grade. This workspace will attract sophisticated tenants and inspire employees in creative and knowledge intensive sectors.

Strong Housing Market Hamilton’s housing market has experienced significant growth over the last 12 months due partly to the city’s growing appeal as well as exodus of Torontonians in search of more space and improved lifestyle. Several new construction projects are in various phases of completion, along with an influx of young professionals representing the first-time home buyer demographic.

Growing tech and biosciences sector in Hamilton is boosted through the development of McMaster University’s Innovation Park located just West of downtown, integrating the University’s knowledge and research function with the Hamilton economy. Knowledge and technology intensive industries are accommodated by upgraded fiber internet connections, modular and open concept workspaces, and aesthetically appealing and inspiring design.

Modern amenities envisioned in the upgraded space could include new elevators, on-site café, boutique lobby design, efficient HVAC systems, bicycle storage and changerooms, and technology infrastructure to accommodate the demands of the modern workspace. This neighbourhood offers an abundance of restaurants and retail adding convenience and lifestyle to workers.

4 | COLLIERS INTERNATIONAL - PRIVATE CAPITAL INVESTMENTS GROUP PRESENT STATE

FUTURE POTENTIAL

Note1

22 CANNON STREET EAST | 5 Bayfront Park & Waterfront Trail 03 Jackie Washington Rotary Park HWY Area403 West Harbour GO Station Hamilton General Hospital Hess Street Public School Overview Victoria Park Central Park

One of the oldest original neighbourhoods in Hamilton, 22 Cannon Street E. is home to many historical buildings and close-knit streets and sidewalks. Vibrancy and diversity in the area results from proximity to downtown Hamilton’s most prestigious residential areas as well as dense high- FirstOntario Centre rise neighbourhoods. Hamilton Central Station, , Escarpment Rail Trail, and Hamilton City School by Mohawk General Hospital are all within walking distance, along with arteries to the rest of the city like Main Street and York Jackson Square Blvd.

James Street is the epicentre of the trendy arts district in Art Gallery of Hamilton Hamilton, home to artist studios and galleries along with Farmer’s Market nightlife and restaurants. The hugely popular Art Crawl in David Braley Health Sciences Centre Dr. JE Davey Elementary School Hamilton is a monthly art festival that has been ongoing McMaster University for over 15 years, attracting crowds of locals and tourists and credited for the arts-based revival in Hamilton. A spin off called Super Crawl is a 3-day music and art festival that hosts over 50 bands and artist installations spread across multiple venues, attracting over 200,000 visitors to the James Street North Area every year. 22 CANNON STREET E (ASSET) HOSPITALS ATTRACTIONS PARKS / TRAILS Hamilton Centre GO Station INSTITUTIONS GO Stations

6 | COLLIERS INTERNATIONAL - PRIVATE CAPITAL INVESTMENTS GROUP Bayfront Park & Hamilton Harbour Waterfront Trail

Jackie Washington Rotary Park HWY 403 West Harbour GO Station

Hamilton General Hospital Hess Street Public School

Victoria Park Central Park

FirstOntario Centre

City School by Mohawk

Jackson Square

Art Gallery of Hamilton Farmer’s Market David Braley Health Sciences Centre Dr. JE Davey Elementary School McMaster University

Hamilton City Hall 22 CANNON STREET E (ASSET) HOSPITALS ATTRACTIONS PARKS / TRAILS Hamilton Centre GO Station INSTITUTIONS GO Stations

22 CANNON STREET EAST | 7 JAM ES S T N

Site Area: 0.45 acres

HUGH E SO T N S S T N ft N 1 43 NO 44. N 60 f 96. A t C

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

Jeremiah Shamess* Karl Innanen** Matthew Soper* Vice President Managing Director Senior Sales Representative Private Capital Investment Group Waterloo Region Private Capital Investment Group +1 647 884 5449 +1 519 904 7005 +1 416 886 7696 [email protected] [email protected] [email protected]

* Sales Representative * Broker

1 All images are a combination of photography and artist renderings. The artist representations and interior decorations, finishes, appliances and furnishings are provided for llustrativei purposes only. This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2021. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Inc.