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Subject Property Murrie St Symons St Royal York SYMONS ST MURRIE ST ROYAL YORK RD DWIGHT AVE SUBJECT PROPERTY L AKE SHORE BLVD W. THE OFFERING CBRE’s Land Services Groups is pleased to offer for sale a fully approved residential development opportunity located at 2686 Lake Shore Boulevard West in Etobicoke. The 0.40-acre site is site plan approved for 23 stacked townhouse units with a buildable residential gross floor area of 24,563.2 sq. ft. Located just to the west of the intersection of Lake Shore Boulevard West and Royal York Road, the site is situated steps away from the 508 Lake Shore streetcar providing a direct transit connection into downtown Toronto. Several recent Etobicoke stacked townhouse developments SYMONS ST have achieved strong absorption rates and sale prices per square foot greater than $600 on their most recent unit sales indicating the level of demand that exists for this product type. PROPERTY INFORMATION ROYAL YORK RD Acreage ±0.40 ac. (17,438 sq. ft.) MURRIE ST Frontage ±102.43 ft. Depth ±185.20 ft. Official Plan Neighbourhoods Zoning R2 SUBJECT PROPERTY SITE PLAN APPROVED FOR: DWIGHT AVE LAKE SHORE BLVD W 23 STACKED TOWNHOUSE UNITS 3 STOREY BUILDING SECOND ST 10 ONE-BEDROOM UNITS 13 TWO-BEDROOMS UNITS ALBANI ST 24,563.2 SQ. FT. BUILDABLE RESIDENTIAL GFA 27 PARKING SPOTS ON ONE LEVEL OF UNDERGROUND AMENITY SPACE: LAKE SHORE BLVD W 2 3 ALL OUTLINES ARE APPROXIMATE RENDERING & ELEVATIONS SITE PLAN STATISTICS 2686 LAKE SHORE BLVD. W. Lot Area 17,439 sq. ft. GFA 24,563 sq. ft. FSI 1.41 Coverage/Ratio 51% UNITS One Bedroom 10 Two Bedroom 13 Total 23 Average Unit GFA 1,032 sq. ft. DECKS Rooftop Decks 11 PARKING SPACES Resident 23 Visitor 4 Total 27 STREETSCAPE VIEW EAST - WEST ELEVATIONS 4 5 ALL OUTLINES ARE APPROXIMATE AMENITIES & TRANSIT MAP 4 MIN DRIVE MIMICO 3 MIN DRIVE John English Junior Middle School 6 MIN DRIVE Mimico Memorial Park 15 MIN TO UNION STATION Mimico Cruising Club 2 MIN DRIVE Royal York Urban Towns ROYAL YORK RD Grocery Store ICON Homes SYMONS ST 8 MIN WALK 7 MIN WALK MURRIE ST Second Street Junior Middle SUBJECT PROPERTY School YMCA of DWIGHT AVE Greater Toronto SECOND ST ACTIVE DEVELOPMENTS LAKE SHORE BLVD W THIRD ST STREETCAR ROUTE 501 3 EB: UNION STATION WB: BROWNS LINE 1. Royal York Urban Towns 2. Minto Long Branch 3. Kingsway by the River 1 2686 Lake Shore Blvd. W. 2 3 MIN DRIVE Total Units Months to Development Opening Unit Prices Unit Sizes (SF) Prices Per SF (% Sold) 70% Sold Royal York Urban Towns 104 1 Oct-14 $329,900 - $529,900 540 - 1,590 $371 - $611 1 Prince of by ICON Homes (100%) Wales Park Minto Long Branch 468 2 Oct-13 $250,900 - $629,490 542 - 1,525 $337 - $633 1 by Minto Developments (97%) 6 7 Kingsway by the River 80 3 Nov-16 $509,900 - $719,900 827 - 1,148 $617 - $627 2 by Urban Capital Property Group (100%) © 2017 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: 4920597 OFFERING PROCESS CONFIDENTIALITY AGREEMENT Potential purchasers that require access to the online document centre are to complete the Confidentiality Agreement and return it to: [email protected] DOCUMENT CENTRE · Site Plan · Floor Plans · Survey · Renderings · Geotechnical Report · Elevation Drawings · ESA Phase 1 · Arborist Report · SWM Plan · Landscape Plan · Site Servicing Plan · Archaeological Assessment · Lot Grading Plan SUBJECT PROPERTY OFFER SUBMISSIONS All offers are to be submitted to: Ian Hunt [email protected] CBRE Limited 2005 Sheppard Ave E, Suite 800 LAKE SHORE BLVD W. Toronto, ON · M2J 5B4 ROYAL YORK RD ASKING PRICE: $5,000,000 Ian Hunt* Jason Child* Mike Czestochowski** Lauren Doughty* Nate Pace Vice President Vice President Executive Vice President Senior Vice President Sales Representative 416 495 6268 416 495 6249 416 495 6257 416 495 6223 416 495 6246 [email protected] [email protected] [email protected] [email protected] [email protected] *Sales Representative **Broker. This disclaimer shall apply to CBRE Limited, Real Estate 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 CBRE Limited and estimates obtained from third parties (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 2005 Sheppard Ave E, 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 Suite 800 from the market at any time without notice or obligation to the recipient from 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 owners. All Rights Reserved. Toronto, ON, M2J 5B4 Mapping Sources: Google Earth 10/17.
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