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689 King Street West Toronto, Ontario Mixed-Use Redevelopment/Investment Opportunity

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689 King Street West Toronto, Ontario Mixed-Use Redevelopment/Investment Opportunity N GARDINER EXPRESSW SPADINA AVENUE RICHMOND STREET WEST KING STREET WEST AY BATHURST STREET 689 KING STREET WEST TORONTO, ONTARIO MIXED-USE REDEVELOPMENT/INVESTMENT OPPORTUNITY LAND SERVICES GROUP N 689 KIN THE OPPORTUNITY The Land Services Group and Private Capital Group is offering an outstanding redevelopment/investment opportunity situated on King Street West, just west of Bathurst G Street in Downtown Toronto. This offering is exceptionally AY STREET W well located in Toronto’s King West Neighbourhood. The Property enjoys a prominent position in Toronto’s Downtown West residential node in proximity to the King Street and Bathurst Street Streetcars. The combination of abundant amenities including, shopping, parks, schools and access to both the Financial Core, Liberty Village and Waterfront areas make the Property’s location one of the ES GARDINER EXPRESSW most desirable in the Greater Toronto Area. T STRACHAN AVENUE OFFERING HIGHLIGHTS • The property is approximately 17,480.59 SF (0.40 AC). This allows for a variety of redevelopment options with abundant space for commercial, retail, industrial and residential uses • The building is approximately 13,500 SF and is currently home to a car wash, Quizno’s Restaurant, a falafel house QUEEN STREET WEST and evening paid parking RICHMOND STREET WEST • In recent years, the surrounding area has experienced significant redevelopment activity, primarily in the form of mid to high-rise residential condominium buildings and retail redevelopment • Some of the most aggressive and iconic condominium KING STREET WEST development projects including Minto 775 King West, Thompson Residences and Charlie are currently being completed nearby with minimal land product remaining • Extremely robust condominium activity in the Downtown West area, with over 23,121 units in 77 projects • The property is designated Residential with Mixed-Use Frontage in the Toronto Official Plan WELLINGTON STREET WEST BATHURST STREET LAND SERVICES GROUP www.cbre.ca/mclsg OFFERING PROCESS 1. RECEIPT OF MARKETING BROCHURE This marketing brochure has been provided to potential purchasers highlighting the magnitude and quality of this development opportunity. 2. REQUEST FOR A QUALIFICATION DOCUMENT (RFQ) & CONFIDENTIALITY AGREEMENT (CA) Potential purchasers that require the Standard Agreement of Purchase and Sale are to complete the RFQ and CA and return it to: [email protected] The RFQ should include: • Background of proponent(s); • Financial ability of the proponent(s); • Past projects of the proponent(s) 3. STANDARD AGREEMENT OF PURCHASE AND SALE Upon completing the CA & RFQ, a Confidential Offering Memorandum and a Standard Agreement of Purchase and Sale will be available for qualified purchasers. 11 4. OFFER SUBMISSIONS All submissions are requested to be submitted27 on a Standard Agreement of Purchase and Sale. Based on the submissions received,407 the 400 Keele St Vendors may proceed negotiating with one or more parties with the intention of executing the Agreement of Purchase and Sale. Offers 48 will be reviewed as received.7 7 Steeles Ave E SteelesSubmissions Ave W should be made to: Lauren Doughty Albion t CBRE Limited 407 S 2001R Sheppard Avenue East, Suite 300 404 d Rd n nge Toronto, ON M2J 4Z8 to Yo W es Sheppard Ave 427 W Sheppard Ave E LAND SERVICES GROUP 409 Wilson Ave 401 d 401 CBRE Limited | 2001 Sheppard Ave E, Suite 300| Toronto, Ontario | T 416 494 0600 | F 416 494 3204 | www.cbre.ca/mclsg R York Mills Rd Rd n e l l Pearson MIKE CZESTOCHOWSKI** am A 11A 400 27 h International Senior Vice President DVP rk R ferin St a Airport 416 495 6257 W uf d M Eglinton Ave W 2 D R [email protected] Eglinton Ave E LAUREN DOUGHTY401* t S Sales Associate e l 416 495 6223 enue 427 Av [email protected] Kee Bloor St W 689 KING ST REE DT anforthWEST Ave DANNY SHVARTSMAN 403 Sales Representative 2 416 495 6204 DVP [email protected] QEW 5 QEWGARDINER ALEXANDER MEDOW Lake Ontario Sales Representative 416 495 6230 2 [email protected] *Sales Representative Expressway Highway Arterial Road Subway **Broker This disclaimer shall apply to CBRE Limited, Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein (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 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 from the market at any time without notice or obligation to the recipient from CBRE. 07/13.
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