S/W CORNER OF MAYFIELD RD & KENNEDY RD · , ON

KENNEDY RD N

MAYFIELD RD

S/W CORNER OF MAYFIELD RD & KENNEDY RD · BRAMPTON, ON THE OFFERING

The Land Services Group is pleased to offer for sale a 100% freehold interest in an infill development site located at the southwest corner of Mayfield Road and Kennedy Road (the “Site” or “Property”) in the City of Brampton. This 49.40-acre Property is located within the Snelgrove Secondary Plan Area. The Snelgrove neighbourhood is characterized by large single-family homes which are generally upscale in nature. The current Official Plan policies for the Site allow for the development of single family executive housing at a maximum density of six units per acre. The wetland on the Site has been staked by the Ministry of Natural Resources and Forestry and accepted by the Toronto Region Conservation Authority resulting in 44.68 net developable acres. HOME RESALES The Site is located in an affluent and rapidly growing pocket of Brampton. Residents within 410 a one kilometre radius of the Property have an average household income of $164,970, CALEDON’S ANTHEM BY while within a three kilometre radius the population has grown by almost 40,000 people FERNBROOK HOMES (10.4%) over the past five years. The population in this same radius is projected to grow by a further 7.6% over the next five years. 5 PRINCE PHILIP CRT Sold Date: Feb-2018 The Site benefits from excellent accessibility and connectivity. Highway 410 is a two- Sold Price: $1,250,000 minute drive from the Property while Highways 401 and 407 can both be accessed within Frontage: 43’ Lot a 15-minute drive. The Brampton GO Station and Mount Pleasant GO Station are both within a 15-minute drive providing easy connections to neighbouring municipalities and downtown Toronto. The Site further benefits from its proximity to a range of public and 30 SNELLVIEW BLVD private amenities, including a number of retailers, parks, and schools. Trinity Common Sold Date: Sep-2017 Mall, located eight minutes away from the Property includes a movie theatre, grocery store, Sold Price: $1,280,000 department stores, a bank and a number of culinary options. Frontage: 44’ Lot The Site has servicing available at the lot lines and sufficient capacity/allocation exists to facilitate development. Furthermore, there are no cost sharing obligations that are 40 KEIZA CRES applicable to the Property. The Vendor has completed most technical studies thereby Sold Date: Aug-2017 reducing the timeline to development as long as the draft plan application conforms to Sold Price: $1,264,286 the current land use policies. With Provincial policy encouraging intensification and higher Frontage: 45’ Lot densities, this infill Property is within the existing urban boundary and presents purchasers with one of the last remaining opportunities to develop a large scale new executive community in the GTA. KENNEDY RD N 30 KEIZA CRES Sold Date: April-2017 Size 49.40 acres Sold Price: $1,398,000 Developable Acreage 44.68 acres Frontage: 45’ Lot Kennedy Frontage 1,932.8 feet

Mayfield Frontage 963.8 feet 49 GENTLE FOX DR Official Plan Residential and Open Space Sold Date: July-2017 Sold Price: $1,200,000 Snelgrove Low Density Residential Snelgrove East Secondary Plan Special Policy Area 3 - Upscale Executive Housing Frontage: 50’ Lot Zoning A - Agricultural MAYFIELD RD POPULATION GROWTH

Demographics are supportive of development with strong projected CALEDON’S ANTHEM BY DEMOGRAPHICS 1 KM OF SITE 3KM OF SITE BRAMPTON population growth and high average household incomes FERNBROOK HOMES TOTAL POPULATION

Completed in 2013 2017 Estimated 2,549 34,750 553,715 2022 Estimated 2,706 41,271 652,808 HIGHWAY ACCESSIBILITY % Population Change (2012-2017) 6.3% 10.4% 9.5% Two-minute drive from Highway 410 providing direct connections % Population Change (2017-2022) 6.2% 7.6% 7.5% to Highway 407 and Highway 401 to the south INCOME 2017 Average Income $164,970 $122,861 $110,904 LAND USE POLICY 2017 OCCUPIED DWELLINGS

Current land use policies allow for the development of a large single- Owned dwellings 99.3% 96.4% 81.7% family executive community with densities up to six units per acre Rented dwellings 0.7% 3.6% 18.3%

S/W CORNER OF MAYFIELD RD & KENNEDY RD · BRAMPTON, ON ALL OUTLINES ARE APPROXIMATE LAND USE POLICY DEVELOPMENTS

As per the Snelgrove Secondary Plan, the Site is currently designated as Low Density Snelgrove East, and is located within Special Policy Area 3: Upscale Executive Housing. This policy area is comprised of low-density housing characterized by high value, high quality houses on large lots with enhanced F street designs, open space and related community amenities. While the Secondary Plan outlines a maximum permitted density of 3.0 units per acre, this C dated plan is superseded by residential policies of the Brampton Official Plan VALES OF THE AD in terms of development criteria for an executive housing community. Section HUMBER ESTATES 4.2.2.2. (iv) states that the maximum density permitted for properties such as KENNED this with an upscale executive housing designation shall be 6.0 units per acre. RESERVE YFIELD RO G A small area on the south side of the Site is designated as Neighbourhood MA Park which coincides with the wetland feature. Please refer to the Planning Y RO Justification Report prepared by Glen Schnarr & Associates, which can be found AD N in the document centre, for further details. MAYFIELD RD As per the recently updated 2017 Growth Plan, by 2031, a minimum of 60% of ENCLAVE all residential development that occurs each year will be within the delineated built-up area. Furthermore, the Region of Peel has been allocated population growth of more than 500,000 people with a total of 1.97 Million people projected by 2041. Brampton is expected to accommodate more than 50% of Low Density Residential - Snelgrove East this projected growth. With provincial policy encouraging increased densities SUBJECT PROPERTY across the GTA, this Site present purchasers with a rare opportunity to develop Special Policy Area Number 3 UPPER VALLEYLANDS Upscale Executive Housing a new community of large single family estate housing. Neighbourhood Park ORIGINS

TYPE OPENING OCCUPANCY SIZES (SF) HOME PRICES PSF UNITS SOLD A D A UPPER VALLEYLANDS BY FIELDGATE HOMES (LAUNCHED IN MARCH - SALES FIGURES NOT YET AVAILABLE) 20' Towns 3/3/2018 2019-06 1,675-2,236 $654,990-$704,990 $315-$391 19 TBD E J KENNEDY RD N 21' Towns 3/3/2018 2019-06 1,541-1,633 $564,990-$589,990 $335-$367 12 TBD 25' Semi 3/3/2018 2019-06 1,733-2,199 $734,990-$774,990 $352-$425 10 TBD H

30' Single 3/3/2018 2019-06 2,052-2,572 $809,990-$892,990 $344-$397 11 TBD CLASSICS 38' Single 3/3/2018 2019-06 2,512-3,061 $939,990-$1,006,990 $329-$376 7 TBD

41' Single 3/3/2018 2019-06 2,968-3,328 $1,029,990-$1,083,990 $324-$348 5 TBD HIGH POINT B CHURCHILL ESTATES BY LAKEVIEW HOMES 60' Single 2/24/2018 2019-08 4,520-5,880 $1,799,990-$1,929,990 $328-$398 17 7 C VALES OF THE HUMBER ESTATES BY REGAL CREST HOMES 50' Single 11/11/2017 2018-11 4,296-4,307 $1,539,000-$1,548,000 $358-$359 4 3 60' Single 11/11/2017 2018-11 4,511-4,904 $1,732,000-$1,747,000 $354-$387 7 1 KINGS POINT I D ORIGINS BY DECO HOMES & OPUS HOMES B 25' Semi 11/11/2017 2019-06 1,740-2,020 $764,990-$814,990 $403-$447 10 3 30' Single 11/11/2017 2019-06 1,990-2,375 $859,990-$913,990 $384-$432 4 1

45' Single 11/11/2017 2019-06 2,350-2,790 $969,990-$1,009,990 $362-$411 9 7 CHURCHILL ESTATES 25' Semi 11/11/2017 2019-06 1,740-2,020 $764,990-$814,990 $403-$440 8 2 30' Single 11/11/2017 2019-06 1,990-2,375 $859,990-$913,990 $384-$432 4 1 ALLOA GREEN E ALLOA GREEN BY FLATO DEVELOPMENTS INC. 32' Single 11/4/2017 2019-03 1,805-2,205 $969,000-$1,035,000 $465-$547 1 0 F RESERVE BY GREENYORK HOMES 55' Single 10/2/2017 2018-05 4,100 $1,285,000 $313 1 0 G ENCLAVE BY GREENYORK HOMES 50' Single 10/2/2017 2018-04 3,624-3,820 $1,139,000-$1,179,000 $309-$366 7 5 H HIGH POINT BY PARADISE DEVELOPMENTS 1 45' Single 4/22/2017 2019-04 3,400-3,600 $1,299,990-$1,319,990 $367-$450 25 23 DEVELOPMENT CHARGES

I KINGS MANOR ESTATES BY BREMONT HOMES SINGLE DETACHED $86,391.56 50' Single 7/25/2015 2016-11 4,563-4,609 $1,995,990-$2,895,000 $328-$628 18 16 1 J CLASSICS BY LIV COMMUNITIES Includes municipal and regional DCs 50' Single 6/24/2015 2017-06 3,278-3,493 $1,199,990-$1,259,990 $358-$374 5 4

S/W CORNER OF MAYFIELD RD & KENNEDY RD · BRAMPTON, ON ALL OUTLINES ARE APPROXIMATE

AMENITIES MAP

9

SUBJECT PROPERTY 14 8 5. - CYRIL CLARK BRANCH 1 15

10 3 4 2 13 TRINITY COMMON MALL

5 16 11 18 17 9. WILLIAM OSLER HEALTH SYSTEM

7 19 INSTITUTIONAL AMENITIES 6 1. St. Rita Elementary School 2. Snelgrove Community Centre 3. Robert H. Lagerquist Sr. Public School 4. Terry Fox Public School 5. Brampton Library - Cyril Clark Branch 6. Secondary School 7. Notre Dame Catholic Secondary School 8. Harold M. Brathwaite Secondary School HEART LAKE TOWN CENTRE 13. TRINITY COMMON MALL 9. William Osler Health System 12 COMMERCIAL AMENITIES 10. Sobeys 11. Food Basics 12. Heartlake Town Centre 13. Trinity Commons Mall

PARKS & OPEN SPACE

14. Heartlake Conservation Area 15. Treetop Trekking Brampton 16. Loafer’s Lake Recreation Centre 17. Sandalwood Park Brampton 18. Turnberry Golf Club BRAMPTON 19. Lakeland Village Park Brampton

S/W CORNER OF MAYFIELD RD & KENNEDY RD · BRAMPTON, ON ALL OUTLINES ARE APPROXIMATE

© 2018 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced. Layout ID: L19 MapId: 5314958 OFFERING PROCESS

CONFIDENTIALITY AGREEMENT DOCUMENT CENTRE

Potential purchasers that require access to the Document Centre • Survey • Archaeological Assessment & Clearance must complete a CA and return it to: [email protected] • Topographic Survey Letter • Planning Justification Report • Noise Control Feasibility Study All submissions must be on the Vendor’s Form of APS and must include • Phase 1 & Phase 2 ESA • Arborist Report & Tree Protection Plan a black lined copy of the APS and a signed clean version of the APS. • Geotechnical Investigation • Traffic Impact Study • Soil Remediation Report • Vendor’s Agreement of Purchase and Sale OFFER SUBMISSION • Master Environmental Servicing Plan

All offers are to be submitted electronically to: Lauren White| [email protected]

Offer Submissions Due: Friday, May 25, 2018 by 12:00 PM EST

KENNEDY RD N

MAYFIELD RD

Lauren White* Mike Czestochowski** Ian Hunt* Jason Child* Nate Pace Senior Vice President Executive Vice President Senior Vice President Vice President Sales Representative 416 495 6223 416 495 6257 416 495 6268 416 495 6249 416 495 6246 [email protected] [email protected] [email protected] [email protected] [email protected]

*Sales Representative **Broker. This disclaimer shall apply to the vendor, to include all employees and independent contractors (“Vendor”); and to CBRE Limited, Real Estate CBRE Limited Brokerage, and to all other divisions of the 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 2005 Sheppard Ave E, Vendor and CBRE do not represent, warrant or guarantee the accuracy, correctness 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 the Information. The recipient of the Information should take such steps Suite 800 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 Toronto, ON, M2J 5B4 in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from the Vendor and 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 of their respective www.cbre.ca/mclsg owners. All Rights Reserved. Mapping Sources: Google Earth 4/18 To Receive the Due Diligence Package Please Complete and Return to [email protected]

CONFIDENTIALITY AGREEMENT FOR THE SOUTHWEST CORNER OF MAYFIELD ROAD AND KENNEDY ROAD, BRAMPTON, 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 Southwest corner of Mayfield Road and Kennedy Road, Brampton, Ontario (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, the receipt and sufficiency of which is hereby acknowledged, 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. This shall include outside brokers.

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 marketing package and 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 contained in the marketing package.

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 timeframe 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 and the Vendor shall not be responsible for the payment of brokerage or other fees to any outside agents or consultants in connection with this offering. 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 IN FULL PRIOR TO ANY INFORMATION BEING RELEASED.

Proponent Name Representative/Advisor

Company Company

Email Address Email Address

Additional Email 1 Additional Email

Additional Email 2 Phone Number

Date Signed Date Signed

Signature Signature Signature (I have the authority to bind the Corporation)

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.