Price Reduction $2,499,000
PRICE REDUCTION
$2,499,000
MATTHEW JOHNSON* JEREMIAH SHAMESS* COLLIERS INTERNATIONAL Vice President, Co-Chair Private Capital Investment 181 Bay Street, Suite 1400 Not-for-profit Advisory Group Toronto, ON M5J 2V1 Group D: +1 416 620 2814 T: +1 416 777 2200 D: +1 416 643 3754 M: +1 647 884 5449 F: +1 416 777 2277 M: +1 416 505 4687 www.colliers.com/canada
1253 Queen Street East represents a rare user building with future redevelopment opportunity. Strategically located within the heart of Toronto’s dynamic and fashionable Leslieville neighbourhood, the Property offers an exceptional opportunity to acquire a 4,000 SF building on a 3,327 SF (0.076 acre) lot 20 feet of uninterrupted frontage across a bustling retail node on Queen Street East. Br
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ADDRESS 1253 Queen Street East, Toronto, ON
SITE AREA 3,327 SF (0.076 acres)
BUILDING SIZE Improved with a two-storey commercial building of 4,000 SF
AGE Constructed in 1979
ZONING The Property is zoned CR 2.5 (c1.0); r(2.0) 552 (x2224)
Mixed Use Areas. This designation entails the lands used in a broad range OFFICIAL PLAN of commercial, residential and institutional uses, in single use or mixed use buildings, as well as parks and open spaces and utilities.
Potential users or investors are expected to capitalize on the continued intensification of the Queen Street East corridor and the strong transportation networks within the immediate area. Coupled with a thriving retail landscape, this premium location will FUTURE REDEVELOPMENT commercial or residential space in Downtown OPPORTUNITY Toronto.
Well-located in a rapidly expanding ABUNDANCE commercial and residential node, positioned OF AMENITIES directly adjacent to the TTC Streetcar Queen Street line along with its close proximity to Known as one of the trendiest and most the Don Valley Parkway and the Gardiner fashionable areas in the City of Toronto, Expressway, the Property offers high-speed the Leslieville neighbourhood’s attractive connections across the City of Toronto and streetscapes and its dynamic roster of retail beyond providing for exceptional positioning as amenities offer residents a rare “town-in-a- a future redevelopment site. Potential investors city” feel. An area with numerous attractive are expected to capitalize on the continued parklands and recreational facilities, not only intensification of the Queen Street East corridor will tenants and residents enjoy the Property’s and the strong transportation networks within close proximity to Downtown Toronto, but the immediate area. Coupled with a thriving the diverse mix of boutique shops and dining retail landscape, this premium location will options the Leslieville area offers is one of the continue to attract tenants and residents who most unique and culturally rich in all of Toronto. are looking for high quality and affordable In addition, the local communities are well serviced by an abundance of retail amenities including national grocery store chains, drug stores, banks, theatres, convenience stores as well as large-format department stores MATTHEW JOHNSON* JEREMIAH SHAMESS* COLLIERS INTERNATIONAL Vice President, Co-Chair Private Capital Investment 181 Bay Street, Suite 1400 Not-for-profit Advisory Group Toronto, ON M5J 2V1 Group D: +1 416 620 2814 T: +1 416 777 2200 D: +1 416 643 3754 M: +1 647 884 5449 F: +1 416 777 2277 M: +1 416 505 4687 www.colliers.com/canada
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