PRIME EXPOSURE ON THE QUEENSWAY

EXCESS PAVED LAND

FOR SALE 1572-1574 THE QUEENSWAY ,

±7,462 SQ. FT. ON ±0.763 ACRES

PHILLIP CHEUNG* EVAN S. WHITE* Senior Vice President Executive Vice President 416 798 6243 416 798 6232 [email protected] [email protected] *Sales Representative 1572 - 1574 THE QUEENSWAY // ETOBICOKE, ON PROPERTY SPECIFICATIONS

TOTAL SIZE (2 BUILDINGS) ±7,462 Sq. Ft.

TOTAL LOT SIZE ±0.763 Acres

ASKING PRICE $4,900,000

ATOMIC AVENUE LOCATION The Queensway & Atomic Avenue

ZONING I.C1 THE QUEENSWAY

1572 THE QUEENSWAY 1574 THE QUEENSWAY BILLBOARD LEASE OFFICE BUILDING WAREHOUSE

BUILDING SIZE ±1,578 Sq. Ft. BUILDING SIZE ±5,884 Sq. Ft. TERM April 1, 2020 - March 31, 2025 LOT SIZE ±0.456 acres LOT SIZE ±0.307 acres • Year 1: $12,000.00 CLEAR HEIGHT 9' • Year 2: $12,500.00 ANNUAL TAXES 2020 $22,631.79 TAXES 2020 $45,764.41 LEASE FEE • Year 3: $13,000.00 PAYMENTS COMMENTS • Year 4: $14,000.00 • Prime exposure located at The Queensway and Atomic Avenue with • Year 5: $14,000.00 over 115 feet of frontage on The Queensway Lessee responsible for all • Excess paved land behind the buildings UTILITIES hydro charges • Great transit with a bus stop immediately in front • Excellent accessibility located less than 1 KM from Highway 427 OPTION TO Speak with the Listing Agents and less than 2 KM from the TERMINATE for additional information 1572 - 1574 THE QUEENSWAY // ETOBICOKE, ON PROPERTY PHOTOS 1572 - 1574 THE QUEENSWAY // ETOBICOKE, ON PROPERTY ZONING I.C1 ZONING

PERMITTED USES 4. Sections 304-31G(2) and 304-33G shall not apply to lands INDUSTRIAL ZONES (GENERAL) developed for railway land uses. A. Food services: restaurants (standard, take-out, convenience); H. Residential. banquet halls; entertainment facilities; one food- vending cart (two 1. One accessory residential unit for a caretaker in conjunction with permitted on corner lots). any industrial establishment on the same lot. Notwithstanding the B. Business: communications/technological facilities; hotels; undertaking definition of “accessory building/structure,” a residential unit may establishments; banks; servicing/repair operations, but excluding waste be a separate building; provided that it complies with the general recycling facilities. regulations for residential zones. Notwithstanding the foregoing, the size of the residential unit shall not exceed 10% of the gross C. Manufacturing: manufacturing/processing of food products which floor area of the buildings on the site, to a maximum gross floor does not involve slaughtering or rendering; manufacturing wherein area of 190 square metres. A minimum of one parking space shall patrons may be involved in a portion of the manufacturing process be provided. and the final product is purchased and available for personal use by such patrons. Manufacturing of paint and/or varnish, fuel oil storage 2. Existing one-family detached dwellings and private garages in yards, asphalt operations which do not meet the definition as set forth industrial zones south of The Queensway may be expanded or in the Zoning Code, and cement works shall be excluded. enlarged, subject to the general regulations for residential zones and the applicable area requirements, set out in the provisions of D. Vehicle-related uses: service stations; car washes; public garages; the Fourth Density Residential (R4) Zone of Chapter 320 of the vehicle body shops; vehicle sales establishments and vehicle rental Zoning Code. establishments, subject to § 304-20; public parking; railway yards, which may include vehicle, equipment and fuel storage, and other PERMITTED USES ancillary maintenance facilities; and, truck terminals, subject to §304- CLASS 1 INDUSTRIAL ZONE 36F. [Amended 1997-06-23 by By- Law No. 1997-94] In addition to the uses outlined in Industrial Zones (General), the E. Educational/research: research laboratories which do not generate following uses shall be permitted: obnoxious emissions, but excluding virus research laboratories which deal with high community risk materials, as deemed by the Public A. Business: flea markets abutting an arterial road; trade and Health and Protection Act; schools (elementary, secondary, private, convention centres abutting an arterial road; business, professional nursery, commercial); colleges; training centres. or administrative offices (which may include ancillary day-care facilities); veterinary clinics, but excluding waste recycling facilities .. F. Institutional: government/public works buildings; emergency service stations; police stations; monuments; restrooms. B. Manufacturing: manufacturing operations, excluding those involving the use of paint and/or varnish, fuel oil storage-yards, G. Storage. asphalt operations and cement works. 1. Warehouse buildings. C. Medical: medical office/clinic; hospitals. 2. Outside storage: raw, partially processed or finished material, D. Institutional: community centres; athletic fields; playgrounds; provided that: libraries; daycares; places of worship. (a) The storage is not located within any required front, side E. Commercial/recreational facilities: cinemas; bowling alleys; or rear yard set-back when such yard abuts a street, or in any curling rinks; bingo halls; arenas; horse race­tracks and ancillary area designated for parking. facilities; nightclubs; social clubs; fitness clubs; commercial sport and (b) If the storage area abuts lands zoned for residential, open recreational facilities; studios for arts-related purposes; amusement space or institutional purposes, or hydro- corridor lands which arcades. separate the industrial use from residentially zoned lands, such F. Retail sales: retail sales of products manufactured or warehoused area shall be enclosed by a solid screen fence or wall not less on-site, provided that the retail floor area does not exceed 25% of the than 2.4 metres in height, constructed of metal, wood or masonry. gross floor area of the industrial building, to a maximum retail floor (c) Any materials stored outside within a required side or rear area on-site of 700 square metres. yard set-back shall not exceed 2.4 metres in height. G. Outside storage. (d) For lands zoned Class 1 Industrial, additional requirements 1. In addition to the provisions of §304-31G, the area used for such are set out in §304-33G. purposes shall not exceed 10% of the lot area. 3. Fragments of asphalt, concrete, metal, plastic, wood or topsoil, 2. The fencing requirement set out in §304-31G(2)(b) shall also sand, gravel or other loose, aggregate material may be stored apply if such storage area faces a street. outside, provided that. They are in wholly enclosed buildings, sealed containers within enclosed truck trailers or open trucks H. Residential: one accessory residential unit for a caretaker or official covered with tarpaulin or other similar material or such piles of associated with a place of worship in conjunction with any place of material must be secured by an enclosure, fencing or tarpaulin or worship on the same lot. If the residential unit is a separate building, other similar material which is tied and anchored to the ground. it must comply with the general provisions contained in general Materials containing salt or other potentially noxious substance regulations for residential zones. A minimum of one parking space must be stored in a solid structure or roofed bin. shall be provided. 1572 - 1574 THE QUEENSWAY // ETOBICOKE, ON PROPERTY AMENITIES

ROYAL YORK

ISLINGTON

KIPLING

PROPERTY LOCATION 1572 - 1574 THE QUEENSWAY // ETOBICOKE, ON 1572-1574 THE QUEENSWAY FOR SALE Etobicoke, Ontario

15 km

TORONTO PEARSON INTERNATIONAL AIRPORT

10 km

5 km

SITE

DRIVE TIMES

HIGHWAY 427 GARDINER EXPRESSWAY KIPLING SUBWAY HIGHWAY 401 6 Min / 5.5 km 4 Min / 1.5 km 6 Min / 3 km 7 Min / 8.9 km

DOWNTOWN PEARSON I’NTL AIRPORT MIMICO GO 20 Min / 16.1 km 11 Min / 13.8 km 10 Min / 4.4 km

CBRE LIMITED, REAL ESTATE BROKERAGE | TORONTO WEST 5935 AIRPORT ROAD, SUITE 700, , ON L4V 1W5

This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and PHILLIP CHEUNG* independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and Senior Vice President estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, 416 798 6243 for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem [email protected] necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property EVAN S. WHITE* of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Executive Vice President Analytics, Microsoft Bing, Google Earth 416 798 6232 [email protected] *Sales Representative