6910 HIGHWAY 7 EAST 6950 MIXED USE HIGH RISE DEVELOPMENT OPPORTUNITY MARKHAM,

MARKHAM STOUFFVILLE HOSPITAL

CORNELL BUS

NINTH LINE TERMINAL

HIGHWAY 7

VIEW PROPERTY VIDEO MARKHAM ROAD

HIGHWAY 407

NINTH LINE CORNELL BUS TERMINAL

MARKHAM STOUFFVILLE HIGHWAY 7 HOSPITAL

CHURCH STREET

BUR O TABLE OF CONTENTS AK AVENUE

THE OFFERING 3

PLANNING CONTEXT 5

CORNELL CENTRE BOULEVARD TRANSIT & AMENITIES 7

RUSTLE WOODS AVENUE NEARBY DEVELOPMENTS 9

OFFERING PROCESS 11

WILLIAM FOSTER ROAD CONTACT INFORMATION 11 RIVERLANDS AVENUE THE OFFERING

CITY OF MARKHAM - POPULATION CBRE Limited is pleased to offer for sale under Court Order 6910 & 6950 Highway 7 East in Markham 2016 337,800 (the “Site”). This + 19.65 ac. Site is located within the City of Markham’s Intensification Area as defined in the City’s Official Plan, and is also within the Cornell 2021** 370,300 Centre Secondary Plan boundary. The Secondary Plan builds policy framework for a regional corridor 2026** 398,300 and key development area centered on the Highway 7 rapid transit corridor and higher density mixed- use communities. The City is currently finalizing the 2031** 421,600 Secondary Plan. The area immediately surrounding the Site is undergoing many developments, such as the **Population projection Markham Stouffville Hospital that underwent a major expansion in 2014 which doubled its size, and the construction of Cornell Bus Terminal with 11 bays for VIVA, York Regional Transit, GO and Durham Regional MARKHAM STOUFFVILLE Transit buses. This new transit hub is anticipated to NINTH LINE HOSPITAL be operating in late 2019. New houses and multiple Markham CHURCH STREET

condominium developments have been built or are

still under-construction in the surrounding area.

BU CORNELL BUS R O AK AV

TERMINAL E

N

U E 6910 HWY 7 6950 HWY 7

Total Area + 19.65 ac.

PIN 700130216 700130215 HIGHWAY 7

AD O + 9.84 ac. R Area + 9.81 ac. N O T N A T

S

Highway 7 Frontage + 323.35 ft. + 342.14 ft.

Y

E

N

O T

Location West Parcel East Parcel S

THE SITE Mixed Use Mid-Rise; Official Plan Residential Mid-Rise; Mixed Use Health Care Campus

Current Zoning By-Law Established in 1987: Zoning (304-87) - Rural Residential Four (RR4)

Map data ©2019 Google 2 mi Map 3 - Land Use is subject to Appeal Nos. 1. (Issue 36, 224) 26. (Issue 308, 309, 311, 312, 313) North Markham Landowners 1 15 Times Group Corporation LPAT File Number PL140743 - April 9, 2018 Office Consolidation 4. (Issue 237, 238) 28. (Issue 224) Group, Angus Glen Northwest 5. (Issue 62, 224) Inc., and Angus Glen Holdings 16 Box Grove Hill Developments Inc. This map is subject to appeals to the Local Planning Appeal Tribunal. The 7. (Issue 4, 5, 15) 4 Romandale Farms Ltd. numbered boxes depict lands owned by appellants of this map. The 9. (Issue 18, 19) 18 Lindvest Properties (Cornell) Ltd. scope of any issues raised in those appellants' appeals will be identified 10. (Issue 18, 19, 20) Minotar Holdings Inc., Cor-lots 5 CF/OT Buttonville Properties LP 15. (Issue 244) Developments, Cherokee as part of Local Planning Appeal Tribunal Case No. PL140743 19 and Armadale Co. Ltd. 16. (Issue 246) Holdings, Halvan 5.5 Investments Ltd., and Beechgrove Estates Inc. 18. (Issue 124, 125) 20 IBM Canada Ltd. 19. (Issue 129, 258, 260) Colebay Investments Inc., Highcove 7 Dorsay (Residential) 20. (Issue 267) Investments Inc., Firwood Holdings 21 Developments Inc. OFFICIAL PLAN 21. (Issue 271, 273, 275, 278) Inc., Major McCowan Developments Limited, Summerlane Realty Corp., 22. (Issue 279, 280) Pacific Mall Development Ltd. and Brentwood Estates Inc. 23. (Issue 282) 22 and York Region Condominium MAP 3 - LAND USE 24. (Issue 289) Corporation No. 890 as modified and approved by York Region June 12/14 9 Enbridge Gas Distribution Inc. See Section 23 King David Inc. JUNE 2014 9.9.5 10 Honda Canada Inc. 24 Atlas Shouldice Healthcare Ltd. Greenway 26 Maylar Construction Ltd. 28 E. Manson Investments Ltd. Countryside 19TH AVENUE Hamlets See Section 9.10.4 1 Transportation and Utilities 10 Parkway Belt West 1 Private Open Space 9 Residential Estate 1 Residential Low Rise 1 4 1 4 1 Residential Mid Rise ELGIN MILLS ROAD 1 1 7 Residential High Rise 4 1 28 Mixed Use Low Rise 5 7 Mixed Use Mid Rise

Mixed Use High Rise 28 1 7 Mixed Use Office Priority 23 1 Mixed Use Health Care Campus PLANNING CONTEXT Mixed Use Heritage Main Street MAJOR MACKENZIE DRIVE

See Section Commercial 9.3.7.3 MARKHAM STOUFFVILLE HOSPITAL

Business Park Employment CHURCH STREET

See Section

9.4.7 c) Business Park Office Priority Employment NINTH LINE BU CORNELL BUS R O AK AV TERMINAL E

Service Employment N U

See Section 26 E 9.4.14 General Employment NEIGHBOURING APPLICATION

Intensification Area HIGHWAY 7

AD 16TH AVENUE O R Future Urban Area N O T N A See Section T S 28

Future Neighbourhood Area 8.5.1.5 Y

E 19 N

O Schedule ‘AA’ – Detailed Land Use

T 4 S

Future Employment Area 0

4 See Section Y

A See Section 9.7.8.6 Secondary Plan Area Specific Policy ZONING BY-LAW See Section DRAFT CORNELL CENTRE SECONDARY PLAN CITY9.7 OF.8.3 MARKHAM OFFICIAL PLAN W 9.14.4.3 H The Zoning By-Law (304-87) designated the Site as Rural Residential Four (RR4). The area has See Section T G 9.7.8.7 Deferral Area E I drastically changed since the By-Law was instituted and came into effect in 1987, therefore E H rezoning of the property will be required to conform with the new Secondary Plan policies.

R See Section T S 15 9.11.4 See Section E NEIGHBOURING APPLICATION I 9.12.4 See Section L The parcel immediately adjacent to the Site received support from the City planners 15 S 9.6.5 recommending the approval of a Draft Plan consisting of 825 Condo apartment units, 268 E 21 HIGHWAY 7 L stacked townhouse units, with ground floor retail.

20 7 18 40 AY W GH 18 HI

THE SITE RESIDENTIAL HIGH-RISE 16 COMMUNITY AMENITY AREA COMMUNITY AMENITY AREA T - MIXED USE 9TH LINE - MIXED USE HEALTH CARE CAMPUS E E Within the draft Cornell Centre Secondary Plan, there are different policy sections that R apply to the Site. The draft Secondary Plan has been under review since 2015. T

S th THE SITE GREENWAY • Residential High-Rise • Community Amenity Area - Mixed Use 9 Line E (South end of the Site) (North end of the Site) MIXED-USE HEALTH CARE CAMPUS TRANSPORTATION/UTILITIES G Cornell Centre MIXED-USE MID-RISE INTENSIFICATION AREA

N Minimum densities range from a 1.5-2.5 Floor Service Index for the Site. RESIDENTIAL MID-RISE BUSINESS PARK EMPLOYMENT O 24 22 Y 14TH AVENUE

JOHN STREET

28

22

D E D E D E E See Section D E STEELES AVENUE E A A A D N N U A N

U I I 9.18.8.3 U See Section I A O N O O O L L L N

N 9.15.3.3 R E O R R E R E H H M V R V N V R T Y M T A A A S A A 9 D A O N H

L

W S E E N E W H L R I E V E E K N N O

I U I E E M D N R

V B D L R cC A R E Y N D E K

A K A M M O O R B W D O O Y W

Path: Q:\Geomatics\Departments\Planning\Policy\MI527 New OP\OMB Approved Schedules Nov 2017\Map 3\Map 3 Land Use.mxd CF MARKVILLE MALL HIGHWAY 407 MARKHAM GO STATION TRANSIT & AMENITIES MARKHAM ROAD

TRANSPORTATION INSTITUTIONAL 1 Highway 7 1 Markham Stouffville Hospital 2 Highway 407 - Express Toll Route 2 Markham Fire Station 99 3 Cornell Bus Terminal 3 Reesor Park Public School 4 Markham GO Station 4 Markham Woodhaven YMCA NINTH LINE 5 Mt. Joy GO Station 5 Cornell Village Public School CORNELL BUS TERMINAL MARKHAM STOUFFVILLE HOSPITAL 6 Unionville GO Station 6 William Armstrong Public School 7 Centennial GO Station 7 Cornell Community Centre CHURCH STREET 8 Mt. Joy Community Centre RETAIL & COMMERCIAL 9 Box Grove Community Centre 1 SmartCentres Markham Boxgrove 10 Service Ontario 2 CF Markville Mall THE SITE 11 Bill Crothers Secondary School 3 Boxgrove Centre 12 Markham Pan Am Centre HIGHWAY 7 4 Downtown Markham Main Street BUR OAK AVENUE 5 New Kennedy Square PARKS & RECREATION 1 Rouge Valley Urban National Park 2 Bob Hunter Memorial Park 5 3 Milne Dam Conservation Park 4 Cedar Valley Park 8 Remington Parkview Golf Country Club 5 5 6 Markham Green Golf Club 1 3 4 7 1 4 4 2 3 THE SITE 1 4 6 6 10 1 2 2 3

3 6 FUTURE TRANSIT HUB - CORNELL BUS TERMINAL 5 11 9 2 The Cornell Bus Terminal will function as a new regional transit hub 12 connecting York & Durham Regional Transit, VIVA and GO Transit buses. 7 The terminal will feature 11 bus bays, enclosed pedestrian waiting areas, washrooms and a small convenience/retail area. Construction

5 and operation is anticipated for late 2019.

Map data ©2019 Google 2000 ft NEARBY DEVELOPMENTS

HIGHWAY 407

HIGHWAY 7 CORNELL BUS TERMINAL E NU VE A AK O R U B NINTH LINE

MARKHAM STOUFFVILLE HOSPITAL

CHURCH STREET

Development Address Builder Opening Occupancy Type Size SF Home Prices PSF Range Units

Rear Lane Jade Garden 6881 Highway 7 Primont Homes 4/21/2018 6/1/2020 1,736 - 3,197 $ 769,900 - $1,177,400 $365 - $459 68 Freehold

Mid Rise 526 - 992 $264,990 - $439,990 $433 - $504 131 Condominiums Highway 7 & Mattamy Bldg. 1 4/29/2017 9/1/2020 of Cornell Bur Oak Homes Mid Rise 803 - 1,212 $409,990 - $639,990 $511 - $541 100 Bldg. 2 Tiffany Park Back-to-Back Towns of Cornell 7128 Highway 7 Homes & An- 11/14/2016 8/1/2018 1,466 - 1,533 $679,900 - $754,900 $462 - $502 68 Condo drin Homes Grand Cornell Blanche Lane & Dunsheath Lindvest 3/18/2014 3/1/2018 Stacked 473 - 1,309 $299,900 - $599,900 $458 - $626 442 Brownstones Way WE ARE www.cbre.ca/child-hunt ALL ABOUT LAND 6910 HIGHWAY 7 EAST 6950 MARKHAM, ONTARIO

CLICK TO VIEW PROPERTY VIDEO OR INSERT THIS LINK INTO YOUR BROWSER: https://vimeo.com/359836258/b4a6b8d58f

CBRE Limited, Real Estate Brokerage 2005 Sheppard Avenue East, Suite 800 | , Ontario | M2J 5B4

Ian Hunt* Jason Child* Daniel Satoor Senior Vice President Senior Vice President Sales Representative T +1 416 495 6268 T +1 416 495 6249 T +1 416 495 6203 [email protected] [email protected] [email protected]

Offering Process Submit offers to Ian Hunt | [email protected] Offers will be reviewed upon receipt after October 23, 2019

Online Data Room: Data Room Contents: Asking Price: Submit Confidentiality • Survey & Topographic Survey Agreement to • Environmental Studies $75,000,000 [email protected] • Geotechnical Reports • Hydrogeological Report

PROPERTY BEING SOLD UNDER RECEIVERSHIP

*Sales Representative | All Outines Are Approximate

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 10/19. To Receive the Due Diligence Package Please Complet e and Return to [email protected]

CONFIDENTIALITY AGREEMENT FOR 6910 & 6950 HIGHWAY 7, MARKHAM

The undersigned hereby acknowledges that CBRE Limited (“CBRE”); through Jason Child, Ian Hunt, and Daniel Satoor have been retained by the Vendor on an exclusive basis to arrange the sale of 6910 & 6950 Highway 7, Markham (the “Property”). All Inquiries and communications with respect to the property shall be directed to any of the above listing agents of CBRE. We have requested from the Vendor and CBRE, information, including confidential and proprietary information, which has not been generally disclosed to the public, for use in evaluating a potential purchase of the Property.

In exchange for good and valuable consideration provided by the Vendor and CBRE, including, without limitation, the receipt and sufficiency of which is hereby acknowledged, we agree to keep confidential any and all information supplied to us concerning the Property that is not a matter of public record and not to utilize any such information for our own benefit (or for the benefit of anyone else) other than for the evaluation of the Property with respect to a potential purchase.

We understand that we may transmit any such information to partners, officers, directors, employees or legal or financial advisors (collectively, “representatives”) but only to the extent that they need to know such information for the purpose of such evaluation. We undertake to inform such representatives of the confidential nature of such information and that they will be bound by the terms of this Agreement. We agree to be responsible for any breach of this Agreement by our representatives. We agree that any legal, financial or any other third party advisors that are retained by us, to act on our behalf, will be compensated by us. This shall include outside brokers.

We acknowledge that information being delivered to us with respect to the Property is subject to the limitations on liability and disclaimers for the protection of the Vendor and CBRE.

We agree to indemnify and save harmless the Vendor and CBRE from any claims, losses, damages and liabilities whatsoever (including legal fees on a substantial indemnity basis and disbursements) arising out of a breach by us or any of our representatives of any of the terms or other provisions of this Agreement. CBRE and the Vendor also reserve the right not to release information.

The Buyer agrees to continue to work through CBRE Limited for the above mentioned property including offers within 12 months after the expiration of the Listing Period, so long as the Buyer wishes to make any offer within said timeframe and the Buyer was introduced to the Property during the Listing Period or shown the Property during the Listing Period, which the Buyer has acknowledged by signing below.

The Buyer agrees that any and all communication with regards to this property shall be done so through CBRE. The Buyer and or their representative will not at any time contact the vendor directly.

CBRE is exclusively representing the Vendor and will not act on behalf of any potential purchasers. With the execution of this Confidentiality Agreement, the undersigned acknowledges that they are undertaking this investigation of the Property at their sole risk and expense and that under no circumstances will any amounts expended by the undersigned for its due diligence investigation or review be paid or reimbursed by the Vendor or CBRE. A fax or scan of a signed copy, or an electronic submission, of this Agreement shall be deemed to be an original signed copy.

THE SECTION BELOW MUST BE COMPLETED IN FULL PRIOR TO ANY INFORMATION BEING RELEASED.

Proponent Name ______Representative/Advisor ______Company ______Company ______Email Address ______Email Address ______Phone Number ______Phone Number ______Date Signed ______Date Signed ______Approved ______Approved ______

(I agree to all statements listed above) (I agree to all statements listed above)

CLICK TO SUBMIT

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.