PREMIUM LOTS LOCATED IN THE NORTH OF

1600 TESTON RD, VAUGHAN

TESTON RD

DUFFERIN ST

1 Council approved settlement agreement that is expected to be LPAT approved on June 26th, 2019. DEVELOPMENT STATUS DEVELOPMENT BREAKDOWN

In July 2018, the Mackenzie Ridge Ratepayers Group appealed Type Unit Area (ac.) City Council’s decision on the Official Plan Amendment (OPA), Favourable Demographics in 40 ft. Single Detached 79 8.55 Zoning By-Law Amendment (ZBLA) and Draft Plan application for a High Demand Area the Property to the LPAT. The concerns of the ratepayers group 59 ft. Single Detached 3 0.42 was addressed through an added 10 metre wide, open space 1600 TESTON RD, VAUGHAN At $127,000, the average income 65 ft. Single Detached 8 1.21 landscape buffer adjacent to the existing homes on Giorgia within 3 km of the Site is $15,000 Crescent and Germana Place. On March 4th, 2019, a settlement Natural Heritage 13.91 higher than the average income of agreement was approved between Vaughan City Council and the The Land Services Group is pleased to offer for sale the property located at 1600 $112,000 in the City of Vaughan. owner. A Case Management Meeting is scheduled for June 26th, Vegetation Protection Zone 1.6 Teston Road (the “Property” or “Site”) in the City of Vaughan. The Site has a Council 2019, where the LPAT is expected to sign off on the settlement Stormwater Management Block 2.57 approved settlement agreement for 90 single detached lots, following an appeal to the agreement. A revised draft plan has been created to ensure a Local Planning Appeal Tribunal (LPAT) by the Mackenzie Ridge Ratepayers Group over buffer between the existing residential lots and the development. Open Space Block 1.09 concerns to the existing adjacent houses. A 10 metre wide open space landscaped Please see Document Centre for further information. Roads 3.63 buffer was proposed to the draft plan to address this. The existing natural heritage features of the Site will be maintained throughout development to enhance the new community. The settlement agreement is expected to be LPAT approved on June 26th, Proximity to Maple and 2019. Rutherford GO Stations The Property provides a significant opportunity to develop premium lots in a high 10 metre wide buffer The Property is ideally located demand area with steady growth. The demand for single detached lots in Vaughan between existing residential within minutes to multiple remains high with nearby developments sold out. DRAFT PLAN units and the development GO stations and local transit routes, providing connections SITE INFORMATION from the Site. SIZE 33.89 ac. OFFICIAL PLAN (AS AMENDED) Natural Areas, Low-Rise Residential ZONING (AS AMENDED) RD1, RD3, RD3 (H), OS1, OS1 (H), OS5 SERVICING Available and allocated as per the City’s approval. Approved1 for 90 Premium Lots ABOUT THE DEVELOPMENT The development consists of lots City Council approved settlement agreement. between 40 ft. to 65 ft., with a APPROVAL STATUS LPAT to approve June 2019. All fees have been paid in the settlement agreement. majority of the lots backing onto green space. TOTAL LOTS 90 APPROXIMATE LOT FRONTAGE 40 ft. to 65 ft.

DRAFT PLAN OVERLAY

ALL OUTLINES ARE APPROXIMATE 1 Council approved settlement agreement that is expected to be LPAT approved on June 26th, 2019. VAUGHAN DEMOGRAPHICS (WITHIN 3 KM OF THE SITE) RICHMOND HILL Richmond Hill Centre for the Performing Arts

37,880 Total Population Upper Yonge Place 2018

11.9% Population Change 2018-2023

TESTON RD

$127,000 Average Household TESTON ROAD EXTENSION Income York Region is in the process of conducting an Maple Downs Golf & Individual Environmental Assessment following Country Club the Minister of the Environment, Conservation and 93% Owned Dwellings Parks approval in December 2018. The assessment is part of the Region’s study to enhance east-west Source: Sitewise, 2019 connectivity to Highway 400 through the extension of DUFFERIN ST Teston Road between Dufferin Street and Keele Street.

GERMANA PL Vaughan Fire Station 7-10

GIORGIA CRES OFFERING PROCESS

CONFIDENTIALITY AGREEMENT OFFER SUBMISSIONS Potential purchasers that require access to the online Document Centre All offers are requested to be submitted to: are to complete the Confidentiality Agreement and return it to: Mike Czestochowski | [email protected] [email protected]

DOCUMENT CENTRE ·· Executed Settlement Agreement ·· Zoning By-Law Amendment

·· Revised Draft Plan ·· Official Plan Amendment ·· Elevation and Drawings

AMENITIES & NEARBY DEVELOPMENTS

AMENITIES

Eagles Nest Golf Course 1 DEVELOPMENTS - SOLD OUT

2 Maple Downs Golf & Country Club A UPPER THORNHILL ESTATES 3 Developer: Treasure Hill

4 Hillcrest Mall Product Type: Detached (50 ft.)

5 Vaughan Fire Station 7-10 Opening: 2017-09-16 Occupancy: 2018-09 6 Herbert H. Carnegie Public School Units: 15 2 Unit Sizes: 4,641-5,965 sq. ft. 5 Unit Prices: $2,599,900-$2,999,990 6 PSF Range: $500-616 % Sold: 100% (2018-10) A C 1 B B VICTORY HEIGHTS 4 Developer: Vogue Development Group Product Type: Detached (40 ft.) Opening: 2017-04-27 Occupancy: 2018-11 Units: 23 Unit Sizes: 2,662-3,883 sq. ft. 3 Unit Prices: - N/A PSF Range: - N/A % Sold: 100% (2017-06)

DEVELOPMENTS - COMING SOON

C UPPER THORNHILL ESTATES Developer: Vogue Development Group Product Type: Detached (50 ft.) Opening: 2019-03-02

Mike Czestochowski** Lauren White* Evan Stewart Derek Peacock* Executive Vice President Senior Vice President Sales Representative Associate Vice President T +1 416 495 6257 T +1 416 495 6223 T +1 416 495 6205 T +1 416 495 6237 [email protected] [email protected] [email protected] [email protected]

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