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INVESTMENT & FUTURE
RESIDENTIAL DEVELOPMENT

BATHURST STREET

TORONTO, ON

SUBJECT PROPERTY

Finch West Station

THE OFFERING

The Land Services Group is pleased to offer for sale a ±0.61- acre property located on the southwest corner of Bathurst Street 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.

5.2%

Population growth in next half decade
(within 5km radius)

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 to the various post-secondary institutions and surrounding complimentary uses. The Site is well serviced by a number of

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.

WWEeSsTt DoOnNPaPrAkRLKanLAdNs

Herbert H. Carnegie

WEST DON PARK LAN

Centennial Centre

With the Downtown core becoming increasingly built out,

developers are looking further afield for new high density

development opportunities. Situated in a transitioning area

slated for residential intensification and growth, the Site’s high profile corner location at this busy intersection makes it a prime

candidate for future residential redevelopment.

Northview Heights

WEST DON PARK LAN

Secondary School

PROPERTY INFORMATION

Site Area

Frontage

±0.61 ac.

SUBJECT PROPERTY

±140.45 ft. on Finch Ave. W.

±100.42 ft. on Bathurst St.

Official Plan

Apartment Neighbourhoods

Zoning

C1 – General Commercial Zone

LEASE INFORMATION

Tenant

Shell Canada Limited

Lease Expiry Rent

April 30, 2020 $100,000 per annum + HST

1 x 5 years at Fair Market Rent

Renewal Options

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 to the west, is approved for a 12-storey, mixed use building with a Floor Space Index (“FSI”) of 5.43.

OFFICIAL PLAN

OPTION 1

AreasdesignatedasApartmentNeighbourhoods are generally made up of apartment buildings, parks, local institutions, cultural and recreational

facilities, and small-scale retail and office uses

that serve the needs of the area and residents. Existing and future development within this designation are typically larger scale and are

areas of potential growth and intensification of

underutilized sites.

VIEW NORTHWEST

11 ST (34.5M)
9 ST (28.5M)
5 ST (16.5M)
6 ST (19.5M)

Neighbourhoods Apartment Neighbourhoods Mixed Use Areas

6 ST (19.5M)

Parks & Open Space Areas Institutional Areas

VIEW NORTHEAST

6 ST (19.5M)

  • Property line
  • Massing Concept

PLAN VIEW
3.0M FLOOR TO FLOOR HEIGHT

Site Area: 2,465m2 Residential GFA = ~10,340m2 Commercial GFA = ~725m2 Total GFA: ~11,065m2 FSI = 4.3 Height = Up to 11 Storeys (34.5m) Units = 138 (based on 75m2/unit gross)

Finch Station

OPTION 2

VIEW NORTHEAST

SUBJECT PROPERTY

9 ST (28.5M)
6 ST (19.5M)
11 ST (34.5M)

6 ST (19.5M)

6 ST (19.5M)

VIEW SOUTHEAST

6 ST (19.5M)

  • Property line
  • Massing Concept

PLAN VIEW

555 Finch Ave W

Site Plan Approved for a 5-storey long

term care and assisted living facility

3.0M FLOOR TO FLOOR HEIGHT

Site Area: 2,465m2 Residential GFA = ~11,920m2 Commercial GFA = ~810m2 Total GFA: ~12,730m2 FSI = 5.2 Height = Up to 11 Storeys (34.5m) Units = 159 (based on 75m2/unit gross)

SURROUNDING AREA

NEARBY DEVELOPMENTS

UNITS
(% SOLD) OUT
SOLD

  • PROJECT
  • OPENING OCCUPANCY
  • SIZE (SF)
  • PRICE

$524,900-$1,199,900 $871-$1,013
$436,900-$745,900 $855-$984
$461,350-$1,115,000 $920-$1,229

PSF

4

T1 at M2M

11

315

2/23/2019 6/12/2018
6/9/2018
6/1/2022

5/1/2022

9/1/2022 4/1/2020 1/1/2022

474-1,256

493-868
Active

(50%)

by Aoyuan International M2M North Tower

12

417
Active

(98%)

by Aoyuan International

  • Ellie
  • 303

(100%)

Feb
2019

13

482-907 by G Group Development

Nova Urban Towns by Kaleido Developments Inc.
42

(71%)

14

5/12/2018

2/23/2017
1,042-1,404
482-926

$791,500-$1,151,800
$429,900-$905,900

$736-$911 $892-$978
Active Active

13
12

Pearl Place

15

478

(64%)

3

by Conservatory Group

10

FINCH

15

YORK UNIVERSITY

SUBJECT PROPERTY

9
5
1

14

8
7
2
6

  • 14
  • 18

FINCH WEST

24

UPCOMING DEVELOPMENTS

11

  • PROJECT
  • OPENING
  • UNITS
  • TYPE
  • STOREYS
  • FSI
  • STATUS

17
16

245 Sheppard Avenue

16
18

9/9/2019

5/24/2019
5/1/2019

6/1/2019

5/15/2019 5/11/2019

4/30/2019
TBD

105

  • Mid Rise
  • 11
  • 3.88

3.70 4.00 1.92 N/A
Appealed to LPAT by Pine Lake Group

19
21

20

Addington Condos

17

LPAT settlement hearing
April 1, 2019

  • 22
  • 23

163

1,358

48

  • Mid Rise
  • 8

DOWNSVIEW

by Park Hiatt Developments Bogert Condos

18

8 towers
(ranging in height)
LPAT settlement hearing
July 2, 2019
High Rise

SHEPPARD WEST

by Greatwise Developments Clanton Park Towns on Sheppard by Kaleido Developments Inc.
Stacked Towns
Under Review
(City of Toronto)

AMENITIES

19

5

4

COMMERCIAL

Finchurst Plaza

RECREATIONAL

Toronto Public Library

INSTITUTIONAL

Bathurst Heights

20

Stacked Towns
Under Review
(City of Toronto)

51

by Kaleido Developments Inc.

1234

5678

9

York University
North York Centre RioCan Marketplace Centerpoint Mall
Paramount Ice Complex YMCA
10 U of T Institute for Aerospace Studies
Westmount Boutique Residences

21

Under Review
(City of Toronto)
128

85

Mid Rise Mid Rise Mid Rise Mid Rise
10
9

3.51

3.98 3.34 TBD by Quadcam Development Group
Toronto Centre for the Arts
Gorman Park Condos

22

LPAT settlement hearing

  • May 17, 2019
  • by Greenfield Quality Builders Inc.

Greenwich Village

23

  • 69
  • 9
  • Appealed to LPAT

Appealed to LPAT

DRIVE TIMES

by Crown Communities Wilmington Place

24

Two 6-storey towers and 44 townhouses

  • 7/1/2019
  • 393

by Biddington

OFFERING PROCESS

  • CONFIDENTIALITY AGREEMENT
  • DOCUMENT CENTRE

Potential purchasers that require access to the Document Centre must complete

a Confidentiality Agreement and return it to: [email protected]
» Bousfields Massing Concept

» Phase 1 ESA » Leases, renewals, and amendments

» Vendor’s APS

» Off-Site Environmental Retained Liability Agreement » Technical Standards & Safety Authority Search Letter

OFFER SUBMISSIONS

All offers are requested to be submitted electronically on a black lined version

of the provided Vendor’s APS and a signed clean version of the Vendor’s APS.

All submissions are requested to be submitted to Lauren White at:

[email protected]

OFFER SUBMISSIONS DUE: WEDNESDAY, JULY 10TH, 2019 BY 4:00PM (EST)

SUBJECT PROPERTY

  • Derek Peacock*
  • Lauren White*
  • Mike Czestochowski**

Executive Vice President

T +1 416 495 6257

Evan Stewart

Associate Vice President

T +1 416 495 6237

[email protected]
Senior Vice President

T +1 416 495 6223

[email protected]
Sales Representative

T +1 416 495 6205

*Sales Representative **Broker

CBRE Limited · 2005 Sheppard Ave E, Suite 800 · Toronto, ON · M2J 5B4

This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images,

opinions, assumptions and estimates obtained from third parties (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. CBRE and the CBRE logo are the service marks of CBRE Limited

and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services [email protected]; MapPoint, DMTI

Spatial, Environics Analytics, Microsoft Bing, Google Earth (06/2019). All outlines contained in this document are approximate.

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  • 1 By-Law Amendment to Regulate Drive-Through Facilities in the City of Toronto

    1 By-Law Amendment to Regulate Drive-Through Facilities in the City of Toronto

    CITY CLERK Clause embodied in Report No. 10 of the Planning and Transportation Committee, as adopted by the Council of the City of Toronto at its meeting held on October 1, 2 and 3, 2002. 1 By-law Amendment to Regulate Drive-Through Facilities in the City of Toronto (City Council on October 1, 2 and 3, 2002, amended this Clause: (1) to provide that the property at 5322 Dundas Street West be excluded from this by-law; and (2) by adding thereto the following: “It is further recommended that: (a) Council adopt the supplementary report dated September 20, 2002, from the Commissioner of Urban Development Services, subject to adding to Recommendation No. (7) the words ‘auto body shops and car washes’, so that the recommendations embodied in such report shall now read as follows: ‘It is recommended that: (1) the Drive-through Facilities By-law for North York be amended to permit two Drive-through Facilities on the property at 1947 - 2013 Finch Avenue West, substantially in accordance with Attachment 1; (2) City Council determine that no further notice be given in respect to all the proposed by-laws; (3) the Commissioner of Urban Development Services be directed to undertake an assessment of the merits of imposing a 15-metre setback from all public rights-of-way and report to Planning and Transportation Committee as part of the phase two review of drive-through facilities; (4) the Commissioner of Urban Development Services be directed to undertake an assessment of the merits of imposing a separation distance requirement between drive-through facilities and report to Planning and Transportation Committee as part of the phase two review of drive-through facilities; Toronto City Council2 Planning and Transportation Committee October 1, 2 and 3, 2002 Report No.
  • Family Doctors Accepting New Patients*

    Family Doctors Accepting New Patients*

    Etobicoke Dr. Hanna Hinnawi 106 - 245 Dixon Rd. Family Doctors Toronto, Ontario, M9P 2M4 Phone No.416-235-2655 Accepting New Patients* Fax No.416-235-0886 Downsview / North York Dr. Wayne Thai Dr. Margaret Gronska 3 - 2700 Kipling Avenue 101 - 2780 Jane Street Etobicoke, Ontario, M9V 4P2 Downsview, Ontario, M3N 2J2 Phone No. 416-747-8501 Phone No. 416-745-8500 Fax No. 416-747-9325 Fax No. 416-748-8730 Jane Finch Family Health Team Toronto Dr. Husna Husainy Dr. Abraham Cohen Dr. Neil Ingber 207 - 1635 Lawrence Avenue West Dr. Sarah Ramzan Toronto, Ontario, M6L 3C9 Dr. Vered Kakzanov Phone No.416-249-7561 136A - 1 Yorkgate Boulevard Fax No.416-244-2618 North York, Ontario, M3N 3A1 Phone No. 416-745-4555 Dr. Abraham Friesner Fax No. 416-745-0786 200 - 1635 Lawrence Avenue West Toronto, Ontario, M6L 3C9 Dr. Nguyen Sy Hoang Phone No. 416-245-5888 13 - 2437 Finch Avenue West Fax No. 416-245-5889 Downsview, Ontario, M9M 2E7 Phone No. 416-740-0992 Dr. Alex Alexander Fax No. 416-740-2911 200 - 1840 Eglinton Avenue West Toronto, Ontario, M6E 2J4 Dr. Renee Lewi Phone No. 416-789-6100 301 - 2100 Finch Avenue West Downsview, Ontario, M3N 2Z9 Fax No. 416-789-3735 Phone No. 416-739-8700 Fax No. 416-739-8701 Dr. Charlie Yi Keh Cha 411 - 27 Roncesvalles Avenue Dr. Rosa Leone Toronto, Ontario, M6R 3B2 305 - 2830 Keele Street Phone No. 416-533-6807 Downsview, Ontario, M3M 3E5 Fax No. 416-533-7652 Phone No. 416-243-2939 Fax No.