2555 YONGE FOR SALE

CORNER OF YONGE & SHERWOOD AVE , ON

PRIME CORNER IN YONGE & EGLINTON’S BEST RETAIL NODE CBRE Limited, Real Estate Brokerage | 145 West | Suite 1100 | Toronto, ON M5H 1J8 | 416 362 2244 | www.cbre.ca 2555 PROPERTY OVERVIEW

2555 (The Property) is located in the highly centralized Yonge & Eglinton node, on the south-east corner of Yonge YONGE Street and Sherwood Avenue. 2555 Yonge Street offers an opportunity to investors, owner users and developers. The owner can occupy the building as-is today while benefiting from a large surface parking area, the investor can lease it up as-is while considering an addition, while the developer may contemplate tearing down the building and redeveloping a new mixed-use building on strategic lands with intrinsic long term assemblage value.

PROPERTY DETAILS:

LOT SIZE: 4,160 sq.ft. PROPERTY TAXES: $66,646.31 (2018) FRONTAGE: 32 ft. DEPTH: 130 ft. ZONING: MCR T3.0 C2.0 R2.5 (Mixed-Use District, Commercial Residential)

EXISTING PROPERTY: POTENTIAL REDEVELOPMENT LEASABLE SQUARE FOOTAGE LEASABLE SQUARE FOOTAGE:

BASEMENT: 1,706 sq.ft. BASEMENT: 4,100 sq.ft. GROUND FLOOR: 1,682 sq.ft. GROUND FLOOR: 4,100 sq.ft. SECOND FLOOR: 1,643 sq.ft. SECOND FLOOR: 4,100 sq.ft. TOTAL SIZE: 5,031 sq.ft. THIRD FLOOR: 4,100 sq.ft. FOURTH FLOOR: 4,100 sq.ft. TOTAL SIZE: 20,500 sq.ft. EXCELLENT VISIBILITY ON BOTH YONGE STREET AND SHERWOOD AVENUE PRICE: $6,500,000

2555 YONGE STREET | FOR SALE INVESTMENT HIGHLIGHTS

YONGE + EGLINTON FREE SURROUNDED BY MASSIVE DENSITY 1. STANDING CORNER PROPERTY 3. IN EVERY DIRECTION

With 32 ft. of frontage, 2555 Yonge Street The Yonge and Eglinton node is highly central and offers an investor a prime urban retail among Toronto’s most rapidly expanding markets. asset in a leading edge retail destination. There are 18 condominium projects currently in the Leading node retailers include Sephora, pre-construction/construction phase, totaling Club Monaco, SportChek, Best Buy, Lulu- more than 8,000 units. lemon, The Gap and many more. 4. TRANSIT ADJACENT 2555 Yonge Street is located within a few minutes RETAIL REDEVELOPMENT walk to Eglinton subway station, the fifth bus- 2. OPPORTUNITY iest station in the city. The station services the Rare development opportunity offers the Yonge-University subway line, 10 bus routes and in developer the potential to develop approx- the near future the new Eglinton Crosstown line. imately 20,500 sq. ft. to an attractive yield and create a core asset.

2555 YONGE STREET | FOR SALE LOCATION OVERVIEW YONGE + EGLINTON

DAVISVILLE The Property occupies a highly centralized SUBWAY STATION location in Toronto, strategically positioned along Yonge Street, north of Eglinton on the corner of Yonge Subway Line Yonge Street & Sherwood Avenue. Yonge Street is Toronto’s most heavily trafficked arterial roadway, TRAFFIC COUNT providing excellent exposure for retailers in the Future Eglinton Crosstown 47,084 (24H) node. Yonge and Eglinton is also one of the most EGLINTON well-connected areas in the city serviced by the 81,480 (24H) SUBWAY STATION Yonge subway line, buses, and the future Eglinton Crosstown LRT line. The area is surrounded by well-established affluent neighbourhoods of families with disposable income and in one of the most active condominium markets in Canada. New developments along both Yonge Street and Eglinton continue to attract top national brands to the area. Overall, the Yonge and Eglinton node 2555 is a highly coveted retail location, supported by unprecedented residential development in a YONGE transit oriented node.

2555 YONGE STREET | FOR SALE YONGE STREET

2555 YONGE 32 ft.

130 ft.

YONGE STREET

2555 YONGE STREET | FOR SALE BLYTHWOOD RD LYTTON BLVD ROOTS WHITEHAUS CONDO BLYTH ACADEMY SPORTING LIFE FUZZ WAXBAR AREA DEVELOPMENTS BLUNDSTONE DUFFLET SAJE NATURAL WELLNESS THE CAPTAINS BOIL STARBUCKS NEIGHBOURING CRAIGHURST AVE MILKCOW CAFE CANON BLACK GAP Development Number Status TENANTS CIVELLO REVITALIZE of Units BLUEBOHO RUNNING ROOM BENEFIT BEAUTY BAR 1 150 Eglinton Ave E 429 Pre-Construction CLUB MONACO A&W BLO BLOW DRY BAR SHELDRAKE BLVD SECOND CUP COFFE CO. TIM HORTON’S 2 150 Redpath Ave 543 Under Construction ALBERTUS AVENUE CARBON UNCLE BETTY’S L’OCCITANE COOKERY FLOOR PLAY SOCKS 2555 3 E2 at E Place 617 Pre-Construction TIOS ROBBIE BROWN CANOPY BLUE WANT APOTHECARY YONGE PET VALU 4 89 Roehampton Ave 233 Pre-Construction GAP 17 THE BAGEL HOUSE 5 Whitehaus Condo 366 Under Construction LITTLE PARTY SHOP SPIN CO. SUSHI SHOP RESIDENTIAL BRIAR HILL AVENUE FRUIT MARKET 6 Montgomery Square 233 Under Construction LULULEMON SHERWOOD AVE 2555 YONGE STREET 7 100 Broadway Ave 319 Pre-Construction ST.CLEMENTS GREENHOUSE JUICE PARKETTE HIGHER GROUND ST.CLEMENTS AVE 8 CityLights on Broadway 769 Under Construction CASALIFE BYBLOS UPTOWN 18 ERSKINE AVENUE E CONDOS SPORT CHEK M FOR MENDOCINO KEEWATIN AVENUE 16 KIEHL’S OLLIE QUINN 9 Line 5 Condos 932 Pre-Construction PURE + SIMPLE THE TEN SPOT THE CAPITAL THEATRE CASTLEFIELD AVE VIRGIN MOBILE TOMMY BAHAMA TOUHENBOKU RAMEN 14 10 Redpath + Broadway 340 Pre-Construction TD BANK CIBO WINE BAR ERSKINE AVENUE H&R BLOCK STARBUCKS SPORTING LIFE 11 75 Broadway Avenue 336 Pre-Construction ROSELAWN AVE WINE RACK 15 FRESHII BEDDINGTON’S 12 55 Broadway Avenue 777 Pre-Construction BEST BUY NOAH’S 7 THE HEALTH STATION DAVID’S TEA MONTGOMERY AVE BROADWAY AVENUE TIM HORTONS 12 13 E Condos 854 Under Construction 6 PURE + SIMPLE 11 10 HELENDALE AVE GRAZIE RISTORANTE 8 9 14 18 Erskine Avenue 315 Under Construction MAZZ SALON 5 BANH MI BOYS THE SHOE COMPANY 15 2444 Yonge Street 637 Pre-Construction SHOPPERS DRUG MART RBC SOLUTIONS ORCHARD VIEW BLVD BELL 16 2500 Yonge Street 377 Pre-Construction URBAN CHIPOTLE ROEHAMPTON AVENUE OUTFITTERS DUKE YONGE STREET YONGE 17 2577 Yonge Street 13 Pre-Construction YONGE INDIGO OF KENT 3 4 CINEPLEX PARAMOUNT EGLINTON SOFT MOC 2 CENTRE REXALL MAD RADISH Total: ~8,090 WINNERS 1 KINTON RAMEN KINTON JJ BEAN FRESH LA CARNITA SEPHORA 13 SECOND CUP WEST EGLINTON AVENUE EAST

2555 YONGE STREET | FOR SALE 2555 YONGE STREET | FOR SALE DEMOGRAPHICS

$208,747 DEMOGRAPHIC OVERVIEW Average Household Income* Toronto is experiencing significant growth through urbanization and immigration. It is the largest city in Canada and the fourth largest city in North America, supporting a total 176,751 population of 6.4M. Population* The primary trade area for the Property is considered to The Property also occupies a centralized position amongst be within a 3.0 km radius, comprising more than 176,000 some of Toronto’s wealthiest residential neighbourhoods residents and projected to increase by 5.1% by 2023. The including Forest Hill, Lawrence Park, and Yonge & Eglinton area features an exceptional demographic Rosedale; which feature Toronto’s leading household profile consisting predominately of young, dual income income characteristics. professional families with high levels of disposable income The area continues to benefit from unprecedented residing in single family dwellings. Within the Yonge & 5.1% growth in the immediate vicinity, generated by new Eglinton node, 88% of residents possess a post-secondary condominium developments along Yonge Street and Population Change (2018-2023)* degree, 19.0% greater than the Toronto average. Overall, the Eglinton Avenue, which are drastically increasing the popu- primary trade area displays exceptional income charac- lation density in the node. Overall, the total population teristics featuring an average annual income of $208,747 within 1.0 km of the Property is projected to increased by (2018) and projected to grow to $225,883 by 2023, 9.7% from 2018-2023, providing a larger captive population demonstrating high levels of disposable income and base and vastly increasing local retail expenditures. 40.3 providing an excellent pool of local retail expenditures. Median Age*

*Within 3 km of the Subject Property (2018) 2555 YONGE STREET | FOR SALE PROPERTY FLOOR PLANS

GROUND FLOOR SECOND FLOOR BASEMENT

9'-4" 8'-1" 8'-8" 26'-3"

22'-11" " 16 3 " 16 24'-6 3 24'-6 SHERWOOD AVENUE SHERWOOD AVENUE 10'-3" SHERWOOD AVENUE

37'-0" 22'-8" 1,682 SF 1,643 SF 1,706 SF 3'-11"

16'-9" 6'-4" " 2 1 54'-3 26'-8" 18'-2"

3'-11" 2555

30'-2" 13'-1" 16'-9" YONGE " 17'-9" 4

3 BASEMENT: 1,706 sq.ft. 8'-1 29'-103 GROUND FLOOR: 1,682 sq.ft. 11'-43 4" " 12'-1" 4 14'-113 SECOND FLOOR: 1,643 sq.ft. 8" 7'-10" 15'-05 8" TOTAL SIZE: 5,031 sq.ft.

YONGE31'-10" STREET YONGE STREET YONGE STREET AREA: 1,682 SF PROJECT: DRAWN BY: CHECKED BY: 2555 Yonge Street, Toronto KW KO

PROJECT: DRAWN BY: CHECKED BY: PROJECT: DRAWN BY: CHECKED BY: DATE SITE DATE DRAWN: ANSI/BOMA Z65.5-2010, KW KO 2555 Yonge Street, Toronto KW KO MEASURED: Floor 2 Area: 1,643 SF 2555 Yonge Street, Toronto RETAIL BUILDINGS STANDARD OF MEASUREMENT | June 2019 June 2019 Floor B Area: 1,706 SF 2555 YONGE STREET FOR SALE ANSI/BOMA Z65.5-2010, DATE SITE DATE DRAWN: ANSI/BOMA Z65.5-2010, DATE SITE DATE DRAWN: COMPANY: PROJECT #: SCALE: NTS MEASURED: MEASURED: RETAIL BUILDINGS STANDARD OF MEASUREMENT RETAIL BUILDINGS STANDARD OF MEASUREMENT June 2019 June 2019 June 2019 June 2019 MEASURE MASTERS CORP., COMPANY: PROJECT #: SCALE: NTS COMPANY: PROJECT #: SCALE: NTS 416-896-7526 FLOOR: 1 UNIT #: 1

MEASURE MASTERS MEASURE MASTERS ONTARIO CORP., 416-896-7526 ONTARIO CORP., FLOOR: 2 UNIT #: 1 416-896-7526 FLOOR: B UNIT #: 1 CONTACT

ARLIN MARKOWITZ* MARIO NEGRIS* JACKSON TURNER** Senior Vice President Executive Vice President Senior Sales Associate 416 815 2374 604 662 3000 416 815 2394 [email protected] [email protected] [email protected]

ALEX EDMISON* TEDDY TAGGART Vice President Sales Representative 416 874 7266 416 847 3254 [email protected] [email protected]

*Sales Representative **Broker

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