INVESTOR PACKAGE Quay House Was Made for a New Generation of Torontonians That Are Looking for an Escape from the Downtown Core but Aren’T Prepared to Wander Too Far
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INVESTOR PACKAGE Quay House was made for a new generation of Torontonians that are looking for an escape from the downtown core but aren’t prepared to wander too far. Employment, education and recreation opportunities are all at Quay House’s doorstep in one of the fastest-growing neighbourhoods of the city — and those who chase innovation and opportunity will follow. 2 BUILDING INFORMATION Empire Quay House 162 Queens Quay East, Toronto THE BUILDING Storeys: 21 Units: 463 Suite Mix • Studio: 20% • 1 bed: 54% • 2 bed: 16% • 3 bed: 10% Expected Occupancy: January 2024 TEAM Builder: Empire Communities Architects: Kirkor Architects Interior Design: U31 WALK TRANSIT SCORE SCORE 92 100 3 TORONTO FACTS 1,569,800 #7 The number of jobs Toronto ranks in 2019. This is a 7/140 of the most 3.1% increase livable cities in from 2018. North America. 46.2% 133,216 Immigrants that The amount of moved to Canada in immigrants Ontario the second quarter received over the last of 2019 that are year, up from 121,906 living in Ontario. the previous year. #3 6,792,840 Top 50 tech markets Projected Toronto in North America. population by 2030. 4 WATERFRONT VS. TORONTO POPULATION WATERFRONT TORONTO INCOME WATERFRONT TORONTO MEDIAN POPULATION 65,913 2,731,571 $78,479 $65,829 HOUSEHOLD INCOME POPULATION CHANGE +52% +4.5% MEDIAN FAMILY INCOME $108,199 $82,859 FROM 2016-2019 WORKING AGE 25-64 75.6% 57.3% EDUCATION HOUSEHOLDS WATERFRONT TORONTO WATERFRONT TORONTO & LABOUR PRIVATE HOUSEHOLDS 40,755 1,112,930 BACHELOR DEGREE 71.9% 44.1% OR HIGHER AVERAGE 1.61 2.42 HOUSEHOLD SIZE UNEMPLOYMENT RATE 5.2% 8.2% EMPLOYMENT RATE 78.2% 59.3% HOUSING WATERFRONT TORONTO RENTER HOUSEHOLDS 58.7% 47.2% 5 WATERFRONT HOUSING 47,209 35,720 1.5% Total private Occupied Dwellings dwellings. By Condominium. Vacancy rate. 7.9% 54% 36% Rental price increase 1 Person household. 2 Person household. in Toronto per year over the last 5 years. $2,240 $2,910 $2.36 Average cost to Average cost to Average cost per rent a 1 bedroom rent a 2 bedroom square foot to rent. in Toronto. in Toronto. As of January, 2020. 68% 21% Couples with Couples with no children. children. 6 IN THE HUB OF TECH INNOVATION Known for its government-funded start-ups, healthy venture capital market and millions of dollars worth of investments made from major tech companies, Toronto is one of the world’s top cities to work in tech. Having climbed its way up the tech talent ladder in recent years, the Canadian city is now recognized as the third-largest tech market in North America with 215,000+ workers in the industry. As more and more global companies continue to invest in Toronto, it’s easy to see why professionals continue to be attracted to the city as a place to build their tech careers. Source: northeastern.edu. All rights reserved. Published: April 2019 | beseen.com. All rights reserved. Published: March 2019 7 GLOBAL GIANT GOOGLE JOINS THE WATERFRONT’S REVITALIZATION In early 2020, Google announced that one of its three new offices on Canadian soil would be located on Toronto’s eastern waterfront, just a seven-minute drive from Quay House at 65 King Street East. In line with the area’s next generation of technological development and sustainability, the Google office will feature over 18,000 sq.ft. of outdoor terraces and bike stalls, over 10,000 sq.ft. of public retail space and over 40,000 sq.ft. of office space across 18 floors. Their office is expected to be complete in 2022 and bring 5,000 new jobs to the area. 8 TRANSFORMING THE WAY WE WORK: THE WATERFRONT INNOVATION CENTRE Now under construction on Toronto’s east end, the Waterfront Innovation Centre is a cutting- edge project that will lead the next wave of commercial office development by creating an environment that sustains and prioritizes creativity, collaboration and community, and be as useful for recreation as it is for production. Part of the renewal of Toronto’s waterfront and an answer to the city’s rapidly evolving creative and technology sectors, the Waterfront Innovation Centre will include built-in workshops and lab spaces for productivity, as well as direct fiber connection that can achieve speeds as fast as one terabyte per second. The centre’s smart design also includes sustainability goals, with green roofs and reflective high-albedo George Brown College surfaces, multiple outdoor terraces for lounging, geothermal heating, purposeful solar orientation Empire Quay House and reduced mechanical systems. Waterfront Innovation Centre Upon completion, the Waterfront Innovation Sugar Beach Centre will blend seamlessly into Toronto’s revitalized waterfront and is projected to create approximately 40,000 new jobs. 9 padina Roa A t East ve e d nu Bloor Stre e R Bayv oad iew A v Que Y en on ue en's ge Stre Pa rk et West reet Bloor St treet East Gerrard Street East Pa Wellesley S Broa rliam enue dview n Av est Hoski ent Str Wellesley Street W A venue DISCOVER TORONTO’S EAST END ee t Sherbourne Street treet Rive n S treet East ENTERTAINMENT DINING Carlto S r St Jarvis Street Dundas Church Str 1. Canadian Opera Company 35. Amsterdam BrewHouse ree 2. CN Tower 36. Bymark t West t 3. Hockey Hall of Fame 37. Aria Ristorante eet Bathurst Street Str reet Eas Gerrard eet 4. Meridian Hall 38. Canoe Queen St Avenue 5. Princess of Wales Theatre 39. Cluny Bistro & Boulangerie astern t E 6. Ripley’s Aquarium 40. e11even D as unda treet E Spadina s S 7. Rogers Centre 41. El Catrin Y t 8. Roy Thomson Hall 42. Harbour 60 on Bay S reet Eas laide ge Street de Street E 9. Scotiabank Arena 43. Hogtown Smoke A Queen St ast A ast venu Universit et E Stre 10. The Rec Room 44. Loch and Quay treet hmond st e Ric t Ea 11. TIFF Bell Lightbox 45. Mangia & Bevi venueCherry Street y ree A A rn 12. Toronto Harbourfront 46. Miku Toronto Beve e ven King St ast Centre 47. Terroni 45 E ue rley S 13. Young Centre for the 48. The Keg Steakhouse + Bar Spad est eet W est Lower Pa t Str t W 30 Performing Arts 49. Woods Restaurant & Bar i reet ee na Str 24 13 ast Queen elaide d 47 Front Street1 East Mill Street 14. Young People’s Theatre A 53 A 41 vard E v 60 rliament S 39 MAJOR BUSINESSES enue Sherbourne Street Y 14 20 Boule 55 st or 50 31 hore PARKS e 29 50. Amazon Toronto Office et W k 59 43 Str Lower Jarvis Street treet 15 Lake S 15. Cherry Beach 51. Apple Canada Sim 49 ast iller's Street Richmond Stre eet 69 33 V et E 18 est coe tre 16. Berczy Park 52. Artscape Head Office W est 61 S eet W Viller's Street Str 68 16 ueen Street Street 38 32 17. Martin Goodman Trail 53. Bay Adelaide Centre Q elaide Front Ad 54 3 21 18. David Crombie Park 54. Bay Wellington Tower 71 5 56 West 8 Y 4 48 Lake Shore Boulevard East treet on Commisioners Street 19. Harbour Square Park 55. Bell Media Headquarters 36 67 King S 11 ge Street 20. Parliament Square Park 56. Brookfield Place est Ba Cherry Street 21. Princess Street Park 57. Cisco Systems Inc. ellington Street W y S n's Quay East W Quee tr 23 Low 22. Roundhouse Park 58. Corus Entertainment ee 52 Y 62 27 17 ork t 23. Sherbourne Common 59. First Canadian Place e 63 r S 37 9 64 24. St. James Park 60. Google Office S 58 im 51 tr 40 26 ee 25 25. Sugar Beach 61. Google Office (future) coe 2 6 t 28 en's Quay East 72 62. Microsoft Canadian HQ West S 42 Que t t 34 re 57 tree GROCERY 63. Oracle 7 et Polson Street Front Street 10 22 our S 46 64. Quay Media Services Harb 65 66 26. LCBO Bremner 65. RBC WaterPark Place Boulevard 27. Loblaws 66. Salesforce Canada 19 TORONTO HARBOUR 28. Longo’s est est Fort York Boulevard W ay W 67. Shopify Boulevard n's Qu 29. Metro re Quee 12 70 68. Toronto Dominion Centre Lake Sho 30. No Frills 44 69. Toronto Stock Exchange 35 31. Rabba Fine Foods 70. Yahoo Canada est BILLY BISHOP AIRPORT 32. Shoppers Drug Mart 's Quay W 71. Zynga een 10 MINUTES FROM QUAY HOUSE 33. St. Lawrence Market Qu 72. Redpath Sugar Plant 34. The Kitchen Table Fashion District Tech District Entertainment District Financial District Distillery District 10 5 - Empire Quay House - T.T.C. Subway Station 6 - T.T.C. 6A Bus Route TRAVEL & TRANSIT 4 - T.T.C. Subway Line 1 Quay House makes commuting easy with the 6A bus stop located directly outside the residence on Queens Quay East. The bus comes every 7 minutes 7 and Union Station is only a 10 minute ride away. 3 1. Union Station 8 2. St. Andrew Station 2 3. Osgoode Station 4. Queens Park Station 5. Museum Station 1 6. Dundas Station 7. Queen Station 8. King Station 11 POST SECONDARY SCHOOLS UNIVERSITY OF TORONTO (ST. GEORGE CAMPUS) RYERSON UNIVERSITY ADDRESS: ADDRESS: 27 King’s College Cir, Toronto, ON M5S 3K1 297 Victoria St, Toronto, ON M5B 2K3 Located in the heart of Toronto, the University of Toronto is Ranked 16 in all of Canada, Ryerson University is made up of ranked number 1 in Canada among Canadian Universities in 8 faculties, consisting of: Faculty of Arts, Faculty of Community 2020 by Macleans and number 18 in the word by Times Services, Faculty of Communication and Design, Faculty of Higher Education.