For Sale 46-48 Ferguson Avenue South 165-169 & 166 Jackson Street East Hamilton, Ontario
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FOR SALE 46-48 FERGUSON AVENUE SOUTH 165-169 & 166 JACKSON STREET EAST HAMILTON, ONTARIO MIXED USE DEVELOPMENT SITES IN DOWNTOWN HAMILTON 165-169 JACKSON ST. E 166 JACKSON ST. E 46-48 FERGUSON AVE. S 5 MINUTE WALK TO HAMILTON CENTRE GO TRAIN STATION Trevor Henke* Raymond Habets* Vice President, The Land Group Associate , The Land Group Direct Tel: 416 756 5412 Direct Tel: 416 756 5443 [email protected] [email protected] ©2020 Cushman & Wakefield ULC, Brokerage. The material in this presentation has been prepared solely for information purposes and is strictly confidential. Any disclosure, use, copying or circulation of this presentation (or the information contained within it) is strictly prohibited, unless you have obtained Cushman & Wakefield’s prior written consent. The views expressed in this presentation are the views of the author and do not necessarily reflect the views of Cushman & Wakefield. Neither this presentation nor any part of it shall form the basis of, or be relied upon in connection with any offer, or act as an inducement to enter into any contract or commitment whatsoever. NO REPRESENTATION OR WARRANTY IS GIVEN, EXPRESS OR IMPLIED, AS TO THE ACCURACY OF THE INFORMATION CONTAINED WITHIN THIS PRESENTATION, AND CUSHMAN & WAKEFIELD IS UNDER NO OBLIGA- TION TO SUBSEQUENTLY CORRECT IT IN THE EVENT OF ERRORS. *Sales Representative **Broker FOR SALE 46-48 FERGUSON AVENUE SOUTH 165-169 & 166 JACKSON STREET EAST HAMILTON, ONTARIO MIXED USE DEVELOPMENT SITES THE NEIGHBOURHOOD RESIDENTIAL DEVELOPMENT SITE RICH IN HISTORY AND CULTURE MASSIVE DEVELOPMENT ACTIVITY IN REVITALIZING DOWNTOWN HAMILTON • Several pre-construction high rise condos currently for sale 46-48 FERGUSON AVE. S 165-169 JACKSON ST. E 166 JACKSON ST. E • Multiple high rise development applications currently 5 MIN WALK TO GO STATION in process Land Size: 0.4 Acres 0.23 Acres 0.21 Acres • Council embraces high rise developments in downtown 166 JACKSON ST. E D1 Downtown Central D1 Downtown Central core and is developer-friendly Zoning: D5 Downtown Residential Business District Business District Downtown Hamilton Downtown Mixed Use Downtown Mixed Use Downtown Residential Secondary Plan: Allowed Building Up to 30 storeys Up to 30 storeys Up to 12 storeys Height: Parking lot for restaurant - Can be purchased together Current Use: Office / Commercial Use Restaurant 165-169 JACKSON ST. E with restaurant or separately after restaurant is sold Asking Price: $5,100,000.00 $2,500,000.00 $1,000,000.00 46-48 FERGUSON AVE. S GREAT GO TRAIN ACCESS Hamilton Centre GO station - 5 min walk LOCATION: FEATURES: • Situated along Jackson Street East, west of Ferguson • 3 separate properties comprising mixed use and Avenue South, the sites are just south of Main Street East residential developments sites now available to acquire for land assembly SITE DESCRIPTION: • Hamilton Centre Go Station is a 5 minute walk • Total area of the 3 sites is 0.84 acres +/- • Sites are located in a quieter part of downtown with all amenities such as shops, restaurants, theatre, • Incredible south view to the escarpment. town hall within 5 minute walk, 10 minute walk to • Flat land with two road frontages on Jackson Street St. Joseph’s Hospital and Ferguson Avenue South • Cinemas, concert hall, Hamilton City Centre and • The properties are located in up-and-coming Corktown, Farmers Market within 10 minute walk with strong developer presence creating new viability • 10 minute walk to Escarpment Rail Trail, 10 minute drive to Cootes Paradise Park, 15 minute drive to Tiffany Falls SHOPS, RESTAURANTS, & ENTERTAINMENT HIGHER EDUCATION Mall, indoor farmers market, theatres & cinemas just a short walk away 5 Colleges & Universities plus 2 Schools of the Arts FOR SALE 46-48 FERGUSON AVENUE SOUTH 165-169 & 166 JACKSON STREET EAST HAMILTON, ONTARIO NEIGHBOURHOOD AMENITIES CONDOS FOR SALE/DEVELOPMENTS: QEW 1. Lamb Development Corp. Television City 403 163 Jackson Street West 369-2,028 SF @ $660 PSF YORK BOULEVARD 2. Areacor Developments Inc. Jamesville Lofts Apartment 15 Canon Street West 526-788 SF @ $786 PSF 3. Spallacci Homes and Valery Homes Reisdences of Royal Connaught - Phase 2 King Street East & Catherine Street North 1,285-1,524 SF @ $834 PSF 4. Rosehaven Homes KiWi Condos King William Apartment 2 212 King William Street 4 JAMES STREET N BAY STREET N 708-960 SF @ $667 PSF KING STREET 5 6 MAIN STREET 1 3 JOHN STREET N 7 KING STREET 8 MAIN STREET E 4 3 BAY STREET S5 CATHARINE STREET N 4 NEIGHBOURHOOD AMENITIES: DEVELOPMENT PROJECTS: 2 1. 46-48 Ferguson Avenue South 1. 154 Main St. & 49 Walnut St.: 2 2. 165-169 Jackson Street East Under Construction JAMES STREET S 3. 166 Jackson Street East 2. 64 Main St. E: JACKSON STREET E 1 4. First Ontario Centre SPA under review 9 5 MIN WALK TO GO STATION 1 5. Art Gallery Of Ontario 3. 43-51 King St. E: 6. Hamilton Convention Centre Zoning Amendment under review 7. City Hall 4. 44 Hughson St. S & 77 James St. S: 8. Police Department SPA under review 9. Hamilton GO Centre 5. 98 James St. S: 3 10. St. Joseph Healthcare Hospital Change to Fully Approved 10 Development Site FERGUSON AVENUE S FOR SALE 46-48 FERGUSON AVENUE SOUTH 165-169 & 166 JACKSON STREET EAST HAMILTON, ONTARIO LOCATION MAP QEW 46-48 FERGUSON AVE. S 403 165-169 & 166 JACKSON ST. E QEW 403 OFFERING GUIDELINES • Cushman & Wakefield ULC (the “Advisor”) has been retained by the Vendors to be the exclusive Advisor for the disposition of 46-48 Ferguson Avenue South, 165-169 Jackson Street and 166 Jackson Street, Hamilton, Ontario (the “Properties”). • Following execution of a Confidentiality Agreement (“CA”), interested buyers will be provided with additional property information via access to an online data room that includes full due diligence information for the Properties. • Offers are to be received anytime and are to be delivered via email to Trevor Henke and Raymond Habets. Trevor Henke* Cushman & Wakefield ULC Vice President, The Land Group 1500-161 Bay Street Direct Tel: 416 756 5412 Toronto, Ontario M5J 2S1 [email protected] cushmanwakefield.com ©2020 Cushman & Wakefield ULC, Brokerage. All rights reserved. The information contained in this communication is strictly confidential. This information has been obtained from sources believed to be reliable Raymond Habets* Cushman & Wakefield ULC but has not been verified. NO WARRANTY OR REPRESENTATION, Associate, The Land Group 1100-3100 Steeles Avenue E EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE Direct Tel: 416 756 5443 Markham, Ontario L3R 8T3 ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED [email protected] HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE. *SALES REPRESENTATIVE **BROKER .