Sale Announcement MAJOR DEVELOPMENT SITE

The Queensway Kipling Ave Kipling

Gardiner Expressway SOLD 1325-1361 THE QUEENSWAY , ON

Prime, 2.17-Acre Development Site Easy access to , Gardiner Expy and Located in Major Developing Node - Islington City Centre West

For more information and to discuss pricing please contact THE MULTI-RESIDENTIAL GROUP: David Lieberman†, MBA Jonathan Hittner* Neil Musselwhite† Principal Vice President Vice President 416.673.4013 416.436.4417 289.795.4430 [email protected] [email protected] [email protected]

*Broker † Sales Representative SOLD THE QUEENSWAY 1325-1361 TORONTO, ON

1325 and 1361 The Queensway in Toronto have been purchased by Greybrook Realty Partners and Tribute Communities. The two companies are in preliminary planning stages to build a twin-tower, 37-storey condo development connected by a podium of up to 11 storeys at the site. The parcels of land at 1325 and 1361 The Queensway are currently occupied by commercial businesses such as Hakim Optical, Mister Transmission, Queensway Auto Service Experts and Vanquish Car Care.

Investment Details Address 1325-1361 The Queensway Total Site Area 2.17 acres (94,841 sf)

Sold Price $40,000,000 Kipling Ave Kipling

The Queensway SOLD THE QUEENSWAY 1325-1361 TORONTO, ON

Perfectly located between Toronto’s western suburbs and downtown hub, the City neighbourhood offers residents a vibrant and and active lifestyle with a variety of amenities right around the corner including parks, schools, Cineplex Cinemas, CENTRE Sobeys, Starbucks, and a variety of shops. The site has easy access to downtown West Toronto with Mimico GO Station, Islington and Kipling TTC Subway Stations and the .

HUMBER VALLEY Lambton Centenial VILLAGE Golf and Park Rathburn Rd Country Club HWY 427 HWY

Burnhamthorpe Rd

MARKLAND THE KINGSWAY WOOD Bloor St Kiplng Ave Royal YorkRd

Dundas St Islington Ave

The East Mall CITY CENTRE WEST

SUNNYLEA

The Queensway

GARDINER EXPY

SHOPPING Amenities in the area:

RESTAURANTS

ENTERTAINMENT SOLD THE QUEENSWAY 1325-1361 TORONTO, ON

Developments in the Area

The neighbourhood has recently been undergoing major transformation with a multitude of large-scale new 36 ZORRA ST. multi-residential developments, including the The Tailor CONDOS Queensway Residences and IQ3 Condos.

933 THE QUEENSWAY IQ3 CONDOS

1061 THE QUEENSWAY MIMICO

Gardiner Expy 1045 THE QUEENSWAY

THE TAILOR CONDOS

The Queensway

Kipling Avenue

1306 THE QUEENSWAY CONDOS SOLD THE QUEENSWAY 1325-1361 TORONTO, ON

Avison Young Multi-Residential Group

We are always thinking about how to best We are a market leader specializing in the help you optimize your real estate portfolio, disposition of multi-residential buildings and regardless of complexity. high density infill development sites. We are experienced in representing institutional clients, private clients, not-for-profits and acting for

APARTMENT TRANSACTION receivers and trustees. BUILDING SALES MANAGEMENT With over 50 years of experience in this asset class, our knowledge, know-how and singular focus allow us to be extremely effective in assisting our clients realize their LAND DEVELOPMENT RENTAL SALES RATE investment objectives by providing: SURVEY • Highly experienced and specialized listing team • Deep knowledge of local GTA market

• Unique marketing approach to ensure maximum OPINION OF VALUE PRESENTATIONS RESIDENTIAL DEVELOPMENT exposure of the buildings both locally and SERVICES internationally.

APARTMENT • Broad network of buyers and sellers to execute key CONSULTATION market transactions. • Face-to-face negotiation approach • Ability to identify innovative and strategic opportunities for clients. • History of top pricing, accurate valuation forecast Top Producers Recognized with and successful closings Across Avison Young Avison Young's Circle of Excellence List

For more information and to discuss pricing please contact The Multi-Residential Group:

David Lieberman†, MBA Jonathan Hittner* Neil Musselwhite† Principal Vice President Vice President 416.673.4013 416.436.4417 289.795.4430 [email protected] [email protected] [email protected]

Avison Young Commercial Real Estate () Inc., Brokerage 18 York Street, Suite 400, Toronto, ON M5J 2T8

* Broker † Sales Representative