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Bathurst Street Toronto, On INVESTMENT & FUTURE RESIDENTIAL DEVELOPMENT BATHURST STREET TORONTO, ON BATHURST ST SUBJECT PROPERTY FINCH AVE W THE OFFERING Finch West Station 5.2% Population growth in The Land Services Group is pleased to offer for sale a ±0.61- next half decade acre property located on the southwest corner of Bathurst Street (within 5km radius) and Finch Avenue West. 4926 Bathurst Street (the “Site” or “Property”) is improved with a Shell Gas Station. The Property is currently leased with Shell Canada through April 30, 2020 with one five-year renewal option to April 30, 2025. This area is one of the premier nodes for education and community services in the City of Toronto. Located in proximity to the York University Keele Campus, Seneca @ York and the University of Toronto Institute for Aerospace, the area has experienced immense investment and transformation owing WESTWest DonDON Park PARK Lands LAN to the various post-secondary institutions and surrounding Herbert H. Carnegie WEST DON PARK LAN complimentary uses. The Site is well serviced by a number of Centennial Centre transportation options. The Property is located a short 5-minute drive from Finch TTC Station and a 6-minute drive from the new Finch West TTC Station. Highways 400, 401 and 407 are all located under a fifteen minute drive. With the Downtown core becoming increasingly built out, developers are looking further afield for new high density FINCH AVE W development opportunities. Situated in a transitioning area slated for residential intensification and growth, the Site’s high Northview Heights WEST DON PARK LAN profile corner location at this busy intersection makes it a prime Secondary School candidate for future residential redevelopment. PROPERTY INFORMATION Site Area ±0.61 ac. SUBJECT PROPERTY ±140.45 ft. on Finch Ave. W. Frontage ±100.42 ft. on Bathurst St. Official Plan Apartment Neighbourhoods Zoning C1 – General Commercial Zone LEASE INFORMATION BATHURST ST Tenant Shell Canada Limited Lease Expiry April 30, 2020 Rent $100,000 per annum + HST Renewal Options 1 x 5 years at Fair Market Rent ALL OUTLINES ARE APPROXIMATE FINCH WEST STATION FINCH WEST LRT Situated a short 6-minute drive from the Property, the newly opened Finch West Station provides access north to Vaughan Metropolitan Centre and south to Union Station in downtown Toronto as part of the Yonge -University Subway Extension. The station will also act as a major transit transfer station in the coming years. Finch West Station will be the eastern terminus stop of the future Finch West Light Rail Transit (“LRT”) that will include 18 stops connecting Miway, Viva and Züm transit services all the way through to the western terminus at Humber College. The expected completion of the LRT is 2023. (Source: Metrolinx, 2019) MASSING OPTIONS PLANNING & DEVELOPMENT The vendor retained the services of Bousfields Inc. planning consultants to create potential massing options for the Site. The two options below feature an 11-storey, mixed use building coinciding with the existing built form of the surrounding area with total GFAs ranging from approximately 119,000 square feet to 137,000 square feet. 591 Finch Avenue West, located only a few hundred metres MASSING CONCEPTto the west, is approved (OPTION for a 12-storey, mixed 1) use building with a Floor Space Index (“FSI”) of 5.43. MASSING4926 BATHURST CONCEPT STREET, TORONTO (OPTION 1) JOB 16221 - NOVEMBER 2016 4926 BATHURST STREET,MASSING TORONTO CONCEPT (OPTION 1) JOB 16221 - NOVEMBER 2016 OFFICIAL PLAN 4926 BATHURST STREET, TORONTO JOB 16221 - NOVEMBER 2016 OPTION 1 VE W Areas designated as Apartment Neighbourhoods FINCH AVE W VIEW NORTHWEST are generally made up of apartment buildings, FINCH A parks, local institutions, cultural and recreational facilities, and small-scale retail and office uses BATHURST ST that serve the needs of the area and residents. Existing and future development within this 36M R.O.W. designation are typically larger scale and are FINCH AVENUE WEST areas of potential growth and intensification of FINCH AVE W36M R.O.W. 9M underutilized sites. 36M R.O.W. 11 ST 9 ST 5.5M M BA FINCH AVENUE WEST 9M (34.5 ) (28.5M) VIEW NORTHWEST VIEW SOUTHWEST 5 ST THURST ST FINCH AVENUE WEST 9M 17M (16.5M) Neighbourhoods 6 ST (19.5M) 7.5M 36M R.O.W. Apartment Neighbourhoods 11 ST 9 ST MASSING CONCEPT5.5M M (OPTION20M 2) BATHURST ST (34.511 ST) (28.59 STM) VIEW NORTHWEST VIEW SOUTHWEST 5.5M (34.5M) Mixed Use Areas 4926 BATHURST STREET, TORONTO(28.5M5) ST 6 ST VIEW NORTHWEST VIEW SOUTHWEST JOB 16221 - NOVEMBER 2016 (19.5M) BATHURST STREET (16.5M) Parks & Open Space Areas 17M 5 ST VIEW NORTHEAST 6 ST 17M (16.5M) Institutional Areas (19.56 STM) 7.5M 36M R.O.W. (19.5M) 7.5M 6 ST 36M R.O.W. 20M (19.5M) 20M Property line Massing Concept PLAN VIEW VIEW NORTHEAST BATHURSTVIEW SOUTHEAST ST 6 ST (19.56 STM) BATHURST STREET BATHURST STREET Urban Design Comments 3.0M FLOOR TO FLOOR(19.5 HEIGHTM) 1. The proposed site is on an Avenue with a planned R.O.W. width of 36 metres along Finch Avenue West. Site Area: 2,465m2 2. The existing built form characters consists of slab type apartment buildings in beight between 6 and 10 storeyes. Residential GFA = ~10,340m2 FINCH AVE W 3. The proposed massing has been chamfered at the corner and stepped back to comply with the parameters set out by Commercial GFA = ~725m2 36M R.O.W. the Mid-Rise and Avenue Guidelines as well as setback to respect the surrounding built form. Total GFA: ~11,065m2 6 ST 4. Parking will be located underground with access to be provided from a new laneway located between the proposed (19.56 STM) FSI = 4.3 site and 4918 Bathurst Street. FINCH AVENUE WEST (19.5M) Height = Up6M to 11 Storeys (34.5m) 5. Based on a planned R.O.W. width of 36m along Finch Avenue West, an 11 storey building could be accommodated. Finch Station YONGE-UNIVERSITY LINE 1 Units = 138 (based on 75m2/unit gross) Property line Massing Concept PLAN VIEW VIEW NORTHEAST VIEW SOUTHEAST Property line MassingMASSING Concept CONCEPT9 ST (OPTIONPLAN 2) VIEW VIEW NORTHEAST VIEW SOUTHEAST 11 ST (28.5M) 49265.5M BATHURST STREET, TORONTO JOB 16221 - NOVEMBER 2016 OPTION(34.5 2 M) 6 ST (19.5M) VIEWUrban NORTHWEST Design Comments VIEW SOUTHWEST 3.0M FLOOR TO FLOOR HEIGHT Urban Design Comments MASSING CONCEPT | 4926 BATHURST STREET 3.0M FLOOR TO FLOOR HEIGHT17M 1. The proposed site is on an Avenue withVIEW a planned NORTHEAST R.O.W. width of 36 metres along Finch Avenue West. Site Area: 2,465m26 ST 1. The proposed site is on an Avenue with a planned R.O.W. width of 36 metres along Finch Avenue West. 2. The existing built form characters consists of slab type apartment buildings in beight between 6 and 10 storeyes. Site Area: 2,465m2(19.5M) 7.5M Residential GFA = ~10,340m2 36M R.O.W. 2. The existing built form characters consists of slab type apartment buildings in beight between 6 and 10 storeyes. Residential GFA = ~10,340m2 3. The proposed massing has been chamfered at the corner and stepped back to comply with the parameters set out by Commercial GFA = ~725m2 20M 3. Thethe Mid-Riseproposed and massing Avenue has Guidelines been chamfered as well atas thesetback corner to andrespect stepped the surrounding back to comply built with form. the parameters set out by BATHURST ST Commercial GFA = ~725m2 the Mid-Rise and Avenue Guidelines as well as setback to respect the surrounding built form. Total GFA: ~11,065m2 4. Parking will be located underground withBATHURST access to ST be provided from a new laneway located between the proposed Total GFA: ~11,065m2 36M R.O.W. FSI = 4.3 6 ST 4. Parkingsite and will 4918 be Bathurst located Street.underground with access to be provided from a new laneway located between the proposed (19.5M) BATHURST STREET FSI = 4.3 FINCH AVENUE WEST site and 4918 Bathurst Street. SUBJECT PROPERTY Height = Up to 11 Storeys (34.5m)FINCH AVE W 6M 5. Based on a planned R.O.W. width of 36m along Finch Avenue West, an 11 storey building could be accommodated. Height = Up to 11 Storeys (34.5m) 5. Based on a planned R.O.W. width of 36m along Finch Avenue West, an 11 storey building could be accommodated. Units = 138 (based on 75m2/unit gross) 9 ST BATHURST ST 11 ST (28.5M) FINCH AVE W Units = 138 (based on 75m2/unit gross) 5.5M (34.5M) 6 ST (19.5M) VIEW NORTHWEST VIEW SOUTHWEST MASSING CONCEPT (OPTION 2) 17M 6 ST 6 ST 4926 BATHURST STREET, TORONTO (19.5M) (19.5M) 7.5M 36M R.O.W. JOB 16221 - NOVEMBER 2016 20M Property line Massing Concept 6 ST PLAN VIEW VIEW NORTHEAST VIEW SOUTHEAST MASSING CONCEPT | 4926 BATHURST STREET (19.5M) BATHURST STREET MASSING CONCEPT | 4926 BATHURST STREET VIEW SOUTHEAST Urban Design Comments 3.0M FLOOR TO FLOOR HEIGHT 6 ST 1. The proposed site is on an Avenue with a planned R.O.W. width of 36 metres along Finch Avenue West. Site Area: 2,465m2 (19.5M) 2. The existing built form characters consists of slab type apartment buildings in beight between 6 and 10 storeyes. Residential GFA = ~11,920m2 Property line Massing Concept PLAN VIEW VIEW NORTHEAST VIEW SOUTHEAST 3. The proposed massing has been chamfered at the corner and stepped back to comply with the parameters set out by 555 Finch Ave W Commercial GFA = ~810m2 Urbanthe Mid-Rise Design Comments and Avenue Guidelines as well as setback to respect the surrounding built form.
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