INVESTMENT & FUTURE RESIDENTIAL DEVELOPMENT

BATHURST STREET , ON

BATHURST ST

SUBJECT PROPERTY

FINCH AVE W THE OFFERING 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 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 . The expected completion of the LRT is 2023. (Source: , 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. 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. Site Plan Approved for a 5-storey long 3.0M FLOOR TO FLOOR HEIGHT Total GFA: ~12,730m2 1. The proposed site is on an Avenue with a planned R.O.W. width of 36 metres along Finch Avenue West. term care and assisted living facility36M R.O.W. Site Area: 2,465m2 4. Minimal setback have been allocated to maximize the use of space within the site. 2. TheBATHURST existing built form ST characters consists of slab type apartment buildings in beight between 6 and 10 storeyes. FSI = 5.2 Residential GFA = ~11,920m2 5. Parking will be located underground with access to be provided from a new laneway located between the proposed 3. The proposed massing has been chamfered at the corner and stepped back to comply with the parameters set out by Commercial GFA = ~810m2 FINCH AVE W FINCH AVENUE WEST 6M Height = Up to 11 Storeys (34.5m) sitethe Mid-Rise and 4918 and Avenue Bathurst Guidelines Street. as well as setback to respect the surrounding built form. FINCH AVE W Total GFA: ~12,730m2 Units = 159 (based on 75m2/unit gross) 6. 4. Based Minimal setbackon a planned have been allocatedR.O.W. to width maximize of the 36m use of along space within Finch the Avenuesite. West, an 11 storey building could be accommodated. FSI = 5.2 5. Parking will be located underground with access to be provided from a new laneway located between the proposed 9 ST Height = Up to 11 Storeys (34.5m) site and 4918 Bathurst Street. M 11 ST (28.5 ) Units = 159 (based on 75m2/unit gross) 6. Based on a planned R.O.W. width of 36m along Finch Avenue West, an 11 storey building could be accommodated. 5.5M (34.5M) 6 ST (19.5M) VIEW NORTHWEST VIEW SOUTHWEST

17M 6 ST MASSING CONCEPT | 4926 BATHURST STREET MASSING CONCEPT | 4926 BATHURST STREET (19.5M) 7.5M 36M R.O.W.

20M

6 ST (19.5M) BATHURST STREET

6 ST (19.5M)

Property line Massing Concept PLAN VIEW VIEW NORTHEAST VIEW SOUTHEAST

Urban Design Comments 3.0M FLOOR TO FLOOR HEIGHT 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 = ~11,920m2 3. The proposed massing has been chamfered at the corner and stepped back to comply with the parameters set out by Commercial GFA = ~810m2 the Mid-Rise and Avenue Guidelines as well as setback to respect the surrounding built form. Total GFA: ~12,730m2 4. Minimal setback have been allocated to maximize the use of space within the site. FSI = 5.2 5. Parking will be located underground with access to be provided from a new laneway located between the proposed Height = Up to 11 Storeys (34.5m) site and 4918 Bathurst Street. Units = 159 (based on 75m2/unit gross) 6. Based on a planned R.O.W. width of 36m along Finch Avenue West, an 11 storey building could be accommodated.

MASSING CONCEPT | 4926 BATHURST STREET SURROUNDING AREA NEARBY DEVELOPMENTS

UNITS SOLD PROJECT OPENING OCCUPANCY SIZE (SF) PRICE PSF (% SOLD) OUT 4 T1 at M2M 315 11 2/23/2019 6/1/2022 474-1,256 $524,900-$1,199,900 $871-$1,013 Active by Aoyuan International (50%) M2M North Tower 417 12 6/12/2018 5/1/2022 493-868 $436,900-$745,900 $855-$984 Active by Aoyuan International (98%) Ellie 303 Feb 13 6/9/2018 9/1/2022 482-907 $461,350-$1,115,000 $920-$1,229 by G Group Development (100%) 2019 Nova Urban Towns 42 14 5/12/2018 4/1/2020 1,042-1,404 $791,500-$1,151,800 $736-$911 Active by Kaleido Developments Inc. (71%) 13 Pearl Place 478 3 15 2/23/2017 1/1/2022 482-926 $429,900-$905,900 $892-$978 Active 12 by Conservatory Group (64%)

10 FINCH 15 YORK UNIVERSITY SUBJECT PROPERTY

9 5 1 14 7 2 6 8 14 18 FINCH WEST 24 11 UPCOMING DEVELOPMENTS

PROJECT OPENING UNITS TYPE STOREYS FSI STATUS 17 16 245 18 16 9/9/2019 105 Mid Rise 11 3.88 Appealed to LPAT by Pine Lake Group 19 21 20 Addington Condos LPAT settlement hearing 23 22 17 5/24/2019 163 Mid Rise 8 3.70 DOWNSVIEW by Park Hiatt Developments April 1, 2019

Bogert Condos 8 towers LPAT settlement hearing 18 5/1/2019 1,358 High Rise 4.00 SHEPPARD WEST by Greatwise Developments (ranging in height) July 2, 2019

Clanton Park Towns on Sheppard by Stacked Under Review AMENITIES 19 6/1/2019 48 5 1.92 Kaleido Developments Inc. Towns (City of Toronto)

COMMERCIAL RECREATIONAL INSTITUTIONAL Bathurst Heights Stacked Under Review 20 5/15/2019 51 4 N/A 1 Finchurst Plaza 5 Toronto Public Library 9 York University by Kaleido Developments Inc. Towns (City of Toronto)

2 Centre 6 Paramount Ice Complex 10 U of T Institute for Aerospace Studies Westmount Boutique Residences Under Review 21 5/11/2019 128 Mid Rise 10 3.51 3 RioCan Marketplace 7 YMCA by Quadcam Development Group (City of Toronto)

4 Centerpoint Mall 8 Toronto Centre for the Arts Gorman Park Condos LPAT settlement hearing 22 4/30/2019 85 Mid Rise 9 3.98 by Greenfield Quality Builders Inc. May 17, 2019

Greenwich Village 23 TBD 69 Mid Rise 9 3.34 Appealed to LPAT DRIVE TIMES by Crown Communities

Wilmington Place Two 6-storey towers 24 7/1/2019 393 Mid Rise TBD Appealed to LPAT by Biddington and 44 townhouses OFFERING PROCESS

CONFIDENTIALITY AGREEMENT DOCUMENT CENTRE Potential purchasers that require access to the Document Centre must complete » Bousfields Massing Concept a Confidentiality Agreement and return it to: [email protected] » 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 All submissions are requested to be submitted to Lauren White at: of the provided Vendor’s APS and a signed clean version of the Vendor’s APS. [email protected]

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

BATHURST ST

SUBJECT PROPERTY

FINCH AVE W

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

*Sales Representative **Broker CBRE Limited · 2005 Sheppard Ave E, Suite 800 · Toronto, ON · M2J 5B4

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