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Office Building for Sale 155 Lesmill Road Toronto,User / Investor Ontario Opportunity with Redevelopment Potential

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Office Building for Sale 155 Lesmill Road Toronto,User / Investor Ontario Opportunity with Redevelopment Potential OFFICE BUILDING FOR SALE 155 LESMILL ROAD TORONTO,USER / INVESTOR ONTARIO OPPORTUNITY WITH REDEVELOPMENT POTENTIAL OFFICE BUILDING FOR SALE 155 LESMILL ROAD TORONTO, ONTARIO GORAN BRELIH**, SIOR (416) 756 5456 [email protected] JORDAN MUSTARD* (416) 756-5424 [email protected] LESMILL ROAD DUNCAN MILL GLEN MOORE* (416) 756 5432 [email protected] Cushman & Wakefield ULC, Brokerage No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing condition, imposed by our principals. *Sales Representative **Broker OFFICE BUILDING FOR SALE 155 LESMILL ROAD TORONTO, ONTARIO PROPERTY DETAILS BUILDING SIZE: 22,980 SF LAND AREA: 2.27 ACRES ZONING: MO (INDUSTRIAL OFFICE) TAXES: $87,936.77 (2018) PARKING: 166 STALLS ASKING PRICE: SPEAK TO LISTING AGENTS OPPORTUNITY 155 Lesmill Road offers users and investors the chance to own a stand alone office building in the heart of Don Mills. The property is well situated at York Mills Road and Leslie Street which provides excellent access to public transit, as well as Highway 401 and the Don Valley Parkway. The maximum gross floor area of all buildings on the subject property is 150% of the area of the lot, which allows for increased density and up to 148,000 sf of office to be built. Up to Date Due Dilligence Materials available in Data Room: • Phase 1 & 2 ESA • Building Condition Assessment • BOMA Certified Floor Plans • Survey • Development Options Report • Development Concepts • Tax Bill OFFICE BUILDING FOR SALE 155 LESMILL ROAD TORONTO, ONTARIO MINS AREA OVERVIEW 3 • Located just south of York Mills Road between Leslie Don Valley Parkway, Bond Park Street and Don Mills Road AREA OVERVIEW DRIVE TIMES • Employment zone well serviced by nearby amenities including three major shopping centres • Located just north of YorkMINS Mills Road • Tenants in the node include TREB, Rogers, Bell, Mr. between Leslie Street5 and Don Mills 3 MINS Road Oriole GO Station, ShopsDon a Valleyt Don Parkway, Mills Bond Park • Employment zone well serviced by • Located adjacent to existing and future transit nearby amenities including three major infrastructure projects shopping centres 5 MINS Oriole GO Station, Shops at Don Mills • Neighbours in the8 node MINS include: TREB, Rogers, Bell, BayviewFairvi Glen,ew Ontario Shopping Centre, Bayview Village Shopping Assoc. of Architects, Kraft, Thales MINS Canada, OPSEUC andent Brooklynre, York College Mills Station,8 Science Centre Station, Don Mills Station Fairview Shopping Centre, Bayview Village • Located adjacent to existing and future Shopping Centre, York Mills Station, Science transit infrastructure projects Centre Station, Don Mills Station TRANSIT 155 Lesmil Toronto, Ontario Yonge - University Subway Sheppard Subway Line Richmond GO Line Eglinton LRT Future Relief Line 25 Don Mills Bus 122 Graydon Hall Bus 95 York Mills Bus 51 Leslie Bus OFFICE BUILDING FOR SALE 155 LESMILL ROAD TORONTO, ONTARIO AREA DEVELOPMENTS OFFICE TO SELF STORAGE SMARTCENTERS RETAIL 8 1 1450 Don Mills Road (Proposed) 840-842 York Mills Rd. (Proposed) ▸ Conversion of Old National Post building to ▸ Phase 1 submission undergoing review self storage ▸ 14.060 acres ▸ Site plan submitted, under review ▸ Industrial redevelopmenmt to 320,000 SF retail plaza, Walmart anchored CELESTICA SITE LIBERTY RETAIL DEVELOPMENT 9 2 844 Don Mills Road (Proposed) 865 York Mills Road (Existing) ▸ Completed 844 1150-1155 Eglington Ave E ▸ 160,000 SF / 8.45 acres ▸ 5,000,000 SF Mixed use ▸ Industrial conversion to retail development proposed ▸ Residential, retail, office LEED GOLD FLEX OFFICE 10 PRINCE HOTEL RE-DEVELOPMENT 3 31 Scarsdale Road (Existing) 900 York Mills (Proposed) ▸ Completed ▸ 123,912 SF Mixed use development proposed ▸ 41,563 SF/1.81 acres ▸ Residential, office, hotel, retail and other commercial uses ▸ Industrial conversion to office EDUCATIONAL/REC DEVELOPMENT 4 150 Lesmill Road (Existing) 7 ▸ Completed 5 ▸ 35,473 SF / 2.21 acres 4 ▸ Industrial conversion to multi-tenant, educational & recreational 10 6 CLOUD CAMPUS & THE GARDEN SUITES 1 2 5 8 1 Duncan Mill Road (Proposed) ▸ Genex Commercial Developments ▸ 167,000 SF new office tower 3 DYMON SELF STORAGE 6 850 - 858 York Mills (Proposed) ▸ Self Storage ▸ Office/Retail ▸ Approx 607,000 SF ▸ GFA Proposed 7 INDUSTRIAL TO SELF STORAGE 150 Duncan Mill (Proposed) ▸ Conversion of single storey industrial to self storage ▸ Awaiting Site Plan approval 9 OFFICE BUILDING FOR SALE 155 LESMILL ROAD TORONTO, ONTARIO AREA AMENITIES 22 5 23 7 11 155 LESMILL RD 3 4 14 17 2 9 13 12 15 16 18 1 AMENITIES 1 TD Bank 2 Longo’s 6 3 Shopper’s Drug Mart 4 LCBO 5 Royal Bank of Canada 6 LA Fitness 7 CIBC Bank 8 Metro 9 Petro Canada 10 Shops at Don Mills 10 21 11 Prince Hotel 20 19 12 Galleria Supermarket 8 RESTAURANTS 13 The Fox and the Fiddle 14 Second Cup 15 Swiss Chalet 16 Cora Breakfast 17 Tim Horton’s 18 Starbucks 19 Jack Astor’s 20 JOEY Don Mills 21 Subway 22 David Duncan House 23 The Burger’s Priest OFFICE BUILDING FOR SALE 155 LESMILL ROAD TORONTO, ONTARIO ZONING /INDUSTRIAL OFFICE BUSINESS PARK ZONE (MO) PERMITTED USES • Adult Education School • Manufacturing • Artist Studio • Museum • Car Rental Agency • Office Uses • College • Outdoor Cafe • Commercial Gallery • Park • Commercial School • Personal Service Shop • Communications & Broadcasting • Place Of Worship • Community Centre • Public Library • Day Nursery • Research Laboratory • Financial Institution • Restaurant • Fitness Centre • Retail Store • Gasoline Station • Service Shop • Health Science Research Laboratory • Service Station • Hotel • Showroom • Industrial Sales And Service • Theatre • Laundry • University Uses OFFICE BUILDING FOR SALE 155 LESMILL ROAD TORONTO, ONTARIO FLOOR PLANS FIRST FLOOR SECOND FLOOR OFFICE BUILDING FOR SALE 155 LESMILL ROAD TORONTO, ONTARIO SURVEY OFFICE BUILDING FOR SALE 155 LESMILL ROAD TORONTO, ONTARIO OFFERING GUIDELINES Cushman & Wakefield ULC, Brokerage (the “Advisor”) has been exclusively retained to seek proposals to acquire the Property. Interested parties will be required to execute and submit the Vendor’s form of Confidentiality Agreement prior to receiving detailed information about the Property. Additionally, interested parties will be invited to submit a Letter of Intent on a specific date that will be communicated by the Advisor at least seven (7) days in advance. The Property is offered for sale on an unpriced basis and free and clear of financing. The Vendor’s objective is to maximize upfront cash and sale proceeds and preference will be given to offers with limited (or no) conditionality and a timely closing. Goran Brelih** Jordan Mustard* Senior Vice President, Industrial Senior Associate, Commercial Sales & Leasing Direct: 416 756 5456 Direct: 416 756 5424 Mobile: 416 987 5673 Mobile: 647 920 0544 [email protected] [email protected] Glen Moore* Senior Vice President, Office and Industrial Sales and Leasing Direct: 416 756 5432 Mobile: 647 617 3205 [email protected] ©2019 Cushman & Wakefield ULC, Brokerage. All rights reserved. The information contained in this communication is strictly confidential. This information has been obtained from sources believed to be reliable but has not been verified. NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE. * Sales Representative **Broker.
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