Elliot Medoff* Senior Vice President For Sale +1 416 238 9768 Investment / Owner-User [email protected] Opportunity Euan Darling* 1659 Lakeshore Road West Assistant Vice President +1 416 238 9961 Mississauga, ON [email protected] Jones Lang LaSalle Real Estate Services Inc. (“JLL” and / or the “Advisor”) is pleased to Vasudevan Sadasivan* offer for sale a 100% freehold interest in 1659 Lakeshore Road West, Mississauga, ON (the Associate “Property”). The offering represents an opportunity to acquire a one-and-a-half storey single- +1 647 466 2883 [email protected] tenant property on 11,000 sf of land located 1.5 km from of the Clarkson GO Station.

Fully tenanted by Clarkson Village Animal Hospital until October 2021, the Property offers Erik Martin* Analyst stable in-place income as well as long-term assembly and redevelopment potential. The +1 416 238 9772 Property is ideal for a owner-user looking to occupy their own facility and offers significant [email protected] parking with approximately fifteen (15) parking stalls. *Sales Representative Salient Facts Building Area: 2,016 sf Frontage: 50 ft. Depth: 220 ft. Property Lot Area: 11,000 sf Year Built: ~1965 Year Renovated: 2000 Details Parking: ~ 15 surface stalls Zoning: C4-64 (Mainstreet Commercial) Official Plan: Mixed Use Asking Price: $1,500,000 Clarkson / Southdown 2018 Demographics

32,200 3.67% $121,517 43 12.3% Total Population Population Growth Avg. Household (HH) Income Median Age HH Income > $250,000 (2013 - 2018)

Property The Property is situated on the north side of Lakeshore Road West, approximately 1.5 kilometres from of the Clarkson GO Station. This 11,000 sf lot offers 50 feet of frontage and is zoned Mainstreet Commercial (C4), allowing for a wide variety of commercial and low-density residential uses, with a maximum height allowance of 3-storeys (16 m). The C4 zoning is unique amongst commercial zoning types and allows for significant expansion of the existing building area providing an investor with meaningful future upside.

Tenant / Owner-User Opportunity Clarkson Village Animal Hospital services the residential neighbourhoods of South Mississauga. The tenant offers full-service small animal care including a 24-hour emergency and overnight care facility. Clarkson Village Animal Hospital was awarded the 2018 Reader’s Choice Award for Mississauga’s best veterinary hospital. With the current lease expiring in 2021 the Property presents an excellent opportunity for an owner-user looking to own and operate their own commercial property in this rapidly intensifying locale. Location The Property is located at the signalized intersection of Lakeshore Road West & Meadow Wood Road. Situated on South Mississauga’s Highlights main commercial corridor, the Property is near the neighbourhoods • Single-tenant property on 11,000 SF of land of Clarkson, Glen Leven, Birchwood and Park Royal. The local area fronting on Lakeshore Road West is known for its large single-family detached homes that sell in excess of $1,400,000. Demographics in the immediate area indicate • Close proximity to the Clarkson GO Station and a wealthy, family-oriented population with a median age of 43 and the (QEW) an average household income of $121,517 per annum (compared to • Fifteen (15) surface parking stalls on-site the Mississauga average of $110,617 per annum). • Current lease provides holding income for The Property is close to the Clarkson GO Station, one of 15 stations on developer or future owner-user the Lakeshore West line that runs between and Burlington. The Lakeshore West line is one of the most heavily used lines in the GO Transit rail network and is a central part of ’s “Big Move” plan that includes electrifying the rail corridor to improve service Nearby Development timing and frequency. The Property is well-serviced by Mississauga’s The Property is situated near the highly-anticipated Craftsman MiWay bus network with stops immediately outside of the Property, Residences by the Vandyk Group located at 1575 Lakeshore connecting the Clarkson and Long Branch GO stations and passing Road West. This development consists of a new four-storey through . multi-residential structure with 292 suites. The project is 100% The Property is well connected to the local highway network, located sold at an average unit price of $540,000 for a 1-bedroom and a five-minute drive south of the Queen Elizabeth Way and a 15-minute $950,000 for 2-3-bedrooms. drive from Highways 403, 407 and 427. The success of the nearby Craftsman Residences supports Other nearby amenities include the University of - the long-term redevelopment potential of 1659 Lakeshore Mississauga campus, Sheridan Centre Mall, Oakville Road West and the feasibility of the Property as part of a larger Entertainment Centrum, the Mississauga Golf & Country assembly. The Property will continue to benefit from close Club and several parks and greenspaces along the lakefront. proximity to rapid public transit and other nearby amenities.

N PARK ROYAL 5 min. drive to Queen Elizabeth 5 Way min. bus ride BIRCHWOOD to Clarkson GO Station

Southdown Rd. CLARKSON Clarkson Rd. N.

Clarkson GO Station

Royal Windsor Dr. Lakeshore Rd. W.

GLEN LEVEN N

22 min. drive to Pearson Int’l Airport

Union Station

24 min. drive to Union 1659 LAKESHORE RD. W. Station

Johnson Ln.

Clarkson Rd. N.

Lakeshore Rd. W.

Offering Process For more information please contact: JLL has been exclusively retained by the Vendor to seek Elliot Medoff* Euan Darling* proposals to acquire the Property. The Property is offered Senior Vice President Assistant Vice President for sale at $1,500,000 on an as-is, where-is basis, free and Capital Markets Capital Markets clear of debt. The Vendor’s objective is to maximize sale +1 416 238 9768 +1 416 238 9961 proceeds, while preference will be given to offers with [email protected] [email protected] limited conditionality. Offers should be submitted to the Vasudevan Sadasivan* Erik Martin* attention of Elliot Medoff and Euan Darling at 22 Adelaide Associate Analyst Street West, Suite 2600, Toronto, ON, M5H 4E3. Capital Markets Capital Markets +1 647 466 2883 +1 416 238 9772 [email protected] [email protected]

*Sales Representative

Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their represen- tatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the Property without express or implied warranties of any kind. The Property may be withdrawn without notice. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. ©2019. Jones Lang LaSalle. All rights reserved. *Sales Representative **Broker.