UNIONVILLE

HIGHWAY 407

Tillie Square Park

14TH AVENUE

SUBJECT PROPERTY RAMSGATE CRESCENT

DUNNET STREET

5072 14TH AVENUE, MARKHAM,

SINGLE DETACHED RESIDENTIAL DEVELOPMENT APPROVED1 FOR 8 LOTS

1PROPERTY IS DRAFT PLAN APPROVED WITH CONDITIONS CENTENNIAL SINGLE DETACHED RESIDENTIAL DEVELOPMENT APPROVED1 FOR 8 LOTS

5072 14TH AVENUE, MARKHAM Centennial Community Centre THE OFFERING

The Land Services Group is pleased to offer for sale 5072 14th Avenue (the “Property” or “Site”) in the City of Markham. The Property has draft plan of subdivision approvals to develop 8 single detached lots. The conditions for approval can be found in the online Document Centre. The Site also has approved rezoning and official plan amendment (OPA) to amend parts of the Secondary Plan with regards to density. As per conversations with the City, development charges, Section 37 Biance Park and Parkland dedication still need to be negotiated and paid. The Property provides an exciting opportunity to develop single detached units within a stable neighbourhood of Markham that is proximate to a variety of amenities and services.

The Property is draft plan approved for 8 single detached lots, with 4 of the lots fronting 14th MCCOWAN ROAD Avenue and 4 of the lots fronting Ramsgate Crescent. The draft plan approvals have recently been extended in August 2019 for 3 years, following inactivity by the owner in satisfying the approval conditions. This offering allows a purchaser to continue on with the draft plan approvals and Plan of Subdivision Agreement. The homes range in size from 4,000 to 4,741 square feet, providing an HIGHWAY 407 opportunity to develop 3-storey, luxury single detached houses with garages.

The Site is situated in a stable neighbourhood of Markham, and is surrounded by low density houses, allowing the development to fit seamlessly into the community. Inventory of detached houses in Markham is at an all time low, with only 9 units of standing inventory left making this an Tillie Square Park exciting opportunity for detached, infill development (RealNet, 2019). The Property is also in close proximity to a number of retail and commercial amenities, including Cadillac Fairview Markville Mall, as well as multiple GO stations and Viva Bus routes for transit access.

Property Information Markham Sports Dome

Size 1.05 acres (45,693 square feet) Father Michael McGivney Catholic DUNNET STREET DUNNET Academy High School 187 feet along 14th Avenue Frontage 178 feet along Ramsgate Crescent DRAFT PLAN OF SUBDIVISION PIN(s) 029620827, 029620815 RAMSGATE CRESCENT

Official Plan Residential Low Rise The Property was rezoned to Ninth Density Residential to permit redevelopment. A Plan of Subdivision application was submitted by the owner and subsequently approved Armadale Secondary Plan Urban Residential (Low Density) with conditions in August 2016. Due to inactivity by the owner, the draft plan approvals and conditions were extended an additional 3 years from August 22, 2019. Zoning (as amended) Ninth Density – Single Detached Residential (H) RAMSGATE CRESCENT 14TH AVENUE Existing Conditions A construction trailer from the owner is located on-site SUBJECT PROPERTY Servicing The Property is fully serviced with capacity DUNNET STREET Development Breakdown RAMSGATE CRESCENT RAMSGATE Number of Lots 8 single detached lots

Lot Sizes 41 to 54 foot lots

Unit Sizes 4,000 to 4,741 square feet

INVESTMENT HIGHLIGHT

Approved for 8 Single Surrounded by Amenities Detached Lots and Services

14TH AVENUE Located within a Stable Close Proximity to Unionville Blocks 9, 10, 11 & 12 to be conveyed to the City/Region for public works and street widening. Neighbourhood of Markham and Centennial GO Stations As per conversations with City engineering staff, the proposed sewer extension and water-main ALL OUTLINES ARE APPROXIMATE from Dunnet Street has been completed. 1 Property is draft plan approved with conditions OFFERING PROCESS

DOCUMENT CENTRE CONFIDENTIALITY AGREEMENT

• Phase 1 ESA (2016) • Conservation Authority Report Potential purchasers that require access to the Document Centre must • Geotechnical Report (2016) • Approved Zoning By-Law complete a CA and return it to: [email protected] • Reliance Letters • Application for Draft Plan • Draft Plan of Subdivision • Draft Plan Approval Extension (2019) • Taxes (2018, 2019) • Unit Plans OFFER SUBMISSIONS • Survey • Approved OPA All offers are requested to be submitted to the attention of: Evan Stewart* | [email protected]

OFFER SUBMISSION DATE: THURSDAY, DECEMBER 5TH, 2019 BY 4:00 PM (EST)

RETAIL NEARBY DEVELOPMENTS

1 CF Markville Development Project Builder Opening Date Occupancy 2 Cineplex Cinemas 3 Whole Food Market Fair Tree on the Rouge Castle Rock Developments November 16, 2019 TBD 4 The Home Depot A 5 Costco Wholesale 6 Shoppers Drug Mart B Minto Developments Minto in Unionville November 1, 2019 TBD 7 LCBO 8 SmartCentre Markham Woodside C LiVante Developments Ravine Lots of Unionville October 31, 2019 TBD

INSTITUTIONS

9 Randall Public School 22 10 Middlefield Collegiate Institute

11 Markham Campus 12 12 Markham Stouffville Hospital

13 Library 7 13 B 1 COMMUNITY CENTRES B

14 Markham YMCA 18 19 15 Armadale Community Centre 20 21 3 16 16 6 4 11 8 2 5 A RECREATION 10 14 Remington Parkview Gold and 17 9 17 Country Club 15 18 Milne Dam Conservation Park

19 Bob Hunter Memorial Park

ENTERTAINMENT

20 Heritage Schoolhouse Museum and DRIVE TO Archives 2MIN HWY 407 21 DRIVE TO 22 Markham Museum 7MIN UNIONVILLE

DRIVE TO 7MIN CENTENNIAL

Emelie Rowe* Mike Czestochowski** Lauren White* Derek Peacock* Evan Stewart Planner Executive Vice President Senior Vice President Associate Vice President Sales Representative T +1 416 495 6306 T +1 416 495 6257 T +1 416 495 6223 T +1 416 495 6237 T +1 416 495 6205 [email protected] [email protected] [email protected] [email protected] [email protected]

*Sales Representative **Broker | The owner reserves the right to refuse offers. | All outlines are approximate This disclaimer shall apply to the vendor, to include all employees and independent contractors (“Vendor”); and to CBRE Limited, Real Estate Brokerage, and to all other divisions of the CBRE Limited Corporation, to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by the Vendor or CBRE, and the Vendor and CBRE do not represent, warrant or guarantee the accuracy, correctness 2005 Sheppard Ave E, Suite 800 and completeness of the Information. The Vendor and CBRE do not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon Toronto, ON the Information. The recipient of the Information should take such steps as the recipient may deem 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 the Vendor and CBRE. M2J 5B4 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 of their www.cbre.ca/mclsg respective owners. All Rights Reserved. Mapping Sources: Google Earth 10/19 Emelie Rowe* Mike Czestochowski** Lauren White* Derek Peacock* Evan Stewart Planner Executive Vice President Senior Vice President Associate Vice President Sales Representative 416 495 6306 416 495 6257 416 495 6223 416 495 6237 416 495 6205 [email protected] [email protected] [email protected] [email protected] [email protected] CONFIDENTIALITY AGREEMENT 5072 14TH AVENUE · MARKHAM, ON

The undersigned hereby acknowledges that CBRE Limited (“CBRE”); through the Land Services Group, has been retained by the vendor on an exclusive basis to arrange the sale of 5072 14th Avenue in Markham, ON (the “Property”). All inquiries and communications with respect to the Property shall be directed to any of the listing agents of CBRE. We have requested from the vendor and CBRE, information, including confidential and proprietary information, which has not been generally disclosed to the public, for use in evaluating a potential purchase of the Property.

In exchange for good and valuable consideration provided by the vendor and CBRE, we agree to keep confidential any and all information supplied to us concerning the Property that is not a matter of public record and not to utilize any such information for our own benefit (or for the benefit of anyone else) other than for the evaluation of the Property with respect to a potential purchase.

We understand that we may transmit any such information to partners, officers, directors, employees or legal or financial advisors collectively, (“representatives”) but only to the extent that they need to know such information for the purpose of such evaluation. We undertake to inform such representatives of the confidential nature of such information and that they will be bound by the terms of this Agreement. We agree to be responsible for any breach of this Agreement by our representatives. We agree that any legal, financial or any other third party advisors that are retained by us, to act on our behalf, will be compensated by us.

We understand that upon the vendor’s request we will provide all pertinent financials of the company looking to purchase the above-mentioned Property to the vendor in a timely manner and that these statements will only be used for the purpose of determining the financial feasibility for this transaction.

We agree to read and examine all material provided by the vendor on the above-mentioned Property and will do so prior to submitting an Agreement of Purchase and Sale or Letter of Intent.

We agree to return all documentation provided herewith, and any notes or copies made thereof if we decide not to pursue or complete this opportunity. We also agree not to use the information provided in any way detrimental to the vendor (or any parties assisting the vendor), either before or after cessation of our pursuit of property purchase. The provisions of this Agreement are binding on our successors or assigns.

We acknowledge that the other information being delivered to us with respect to the Property is subject to the limitations on liability and disclaimers for the protection of the vendor and CBRE.

We agree to indemnify and save harmless the vendor and CBRE from any claims, losses, damages and liabilities whatsoever (including legal fees on a substantial indemnity basis and disbursements) arising out of a breach by us or any of our representatives of any of the terms or other provisions of this Agreement. CBRE and the vendor also reserve the right not to release information.

The buyer agrees to continue to work through the Land Services Group at CBRE Limited for the above-mentioned property including offers within 12 months after the expiration of the Listing Period, so long as the buyer wishes to make any offer within said time-frame and the buyer was introduced to the Property during the Listing Period or shown the Property during the Listing Period, which the Buyer has acknowledged by signing below.

The buyer agrees that any signage CBRE has installed on the Property shall remain for a period of 6 months after the closing period

The buyer agrees that any and all communication with regards to this Property shall be done so through CBRE. The buyer and or their representative will not at any time contact the vendor directly.

CBRE is exclusively representing the vendor and will not act on behalf of any potential purchasers. With the execution of this Confidentiality Agreement, the undersigned acknowledges that they are undertaking this investigation of the Property at their sole risk and expense and that under no circumstances will any amounts expended by the undersigned for its due diligence investigation or review be paid or reimbursed by the vendor or CBRE. A digitally submitted or a scan of a signed copy of this Agreement shall be deemed to be original signed copy.

THE SECTION BELOW MUST BE COMPLETED AND SUBMITTED TO [email protected] IN ORDER TO RECEIVE THE DUE DILIGENCE PACKAGE

(I possess the authority to legally bind the Corporation)

† PROPONENT NAME: REPRESENTATIVE:

† COMPANY: COMPANY:

† PRIMARY EMAIL: PRIMARY EMAIL:

PRIMARY PHONE #: PRIMARY PHONE #:

The button above can be ADDITIONAL EMAIL: DATE: clicked to submit the CA electronically using the Adobe Reader application, ADDITIONAL PHONE #: SIGNATURE: once the required fields have been filled.

† OR DATE: Please indicate if you would like a follow up call or meeting: Please print, complete, sign and scan an email copy to † CALL: MEETING: PRIMARY SIGNATURE: [email protected].

†REQUIRED FIELDS. **Broker, *Sales Representative This disclaimer shall apply to CBRE Limited, Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein (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, 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 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.