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QUEENSTW [email protected] [email protected] for SALE 625 QUEEN ST WEST // Toronto // Ontario

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QUEENSTW Jeremiah.Shamess@Colliers.Com Matthew.Soper@Colliers.Com for SALE 625 QUEEN ST WEST // Toronto // Ontario FOR INVESTMENT INQUIRIES: Jeremiah Shamess* Matthew Soper 625 Vice President Sales Representative Private Capital Investment Group Private Capital Investment Group +1 647 884 5449 +1 416 791 7255 QUEENSTW [email protected] [email protected] FOR SALE 625 QUEEN ST WEST // Toronto // Ontario Colliers International as exclusive agent is pleased to offer for sale 625 Queen Street West (the “Property”). Situated in the downtown Queen West neighbourhood, the Property enjoys ±12,359 gross square feet with approximately 44 feet of frontage in the heart of Toronto’s Queen West retail corridor. Today, an international bicycle retailer operates on the ground floor, among other tenants including a fitness studio and eye care centre, all of whom are on short-term leases with well below market rents. With over 5,000 condo units in various stages of development, the Downtown West submarket is primed for continued trajectory and growth. 625 Queen Street West is perfect for the investor or user-buyer seeking a prominent foothold in the busiest retail district, in the most populous city in Canada. PROPERTY PROFILE South side of Queen Street West approximately Site Location Frontage ±43.75 FT 100 metres east of Bathurst Street Lot Area ±4,356 SF (0.1 Acres) Built 2011 Building GFA ±12,359 SF Official Plan Mixed-Use Area Legal Description Lots 10 & 11 on Plan D111, City of Toronto Secondary Plan Map 16 (King-Spadina) & Map 41 (Downtown Plan) Occupancy 100% Zoning CR 3.0 (c3.0; r3.0) SS2 (x2088) Depth ±98.14 FT Taxes (2018 Annualized Tax) $106,065 FOR SALE 625 QUEEN ST WEST // Toronto // Ontario TRANSIT ORIENTED HIGH CEILINGS RETAIL HUB INVESTMENT 501 Queen streetcar is accessible less The Property boasts 13-foot ceilings across The Property is positioned at the centre than 100 metres from the Property, the three floors representing ±12,359 of Toronto’s prominent retail district, the HIGHLIGHTS the longest and second-busiest SF, with an additional ±4,004 SF in the Queen West neighbourhood. streetcar route in Toronto. finished basement. MARK-TO-MARKET RENT UPSIDE BRAND NEW BUILD LOCAL PROXIMITY FLEXIBLE VENDOR FINANCING Current leases are approximately Due to a fire incident in 2008, the entire Convenient walking proximity to the AVAILABLE 60.38% below market rent, Property has since been completely rebuilt financial district (2.0KM), fashion district Potential for vendor take-back delivering considerable upside as from the foundation up, therefore will (650M), the entertainment district (1.8KM), mortgage (VTB) to aid in re-lease leases expire in 2020 and 2024. require minimal deferred capex (completed and Chinatown (800M); the Property has a up period. in 2011). walk score of 99/100. FOR SALE 625 QUEEN ST WEST // Toronto // Ontario Investors or User-Buyers looking to acquire this Property can benefit from the convenient walking proximity to the financial district, fashion district, Chinatown, and the entertainment district. As the city’s oldest and most extensive streetcar route, the 501 Queen line provides freedom of mobility to travel as far west as Etobicoke and as far east to The Beaches. The Property capitalizes on the consistent foot traffic, having the city’s second busiest route with over 55,000 daily users just steps from its front doors. Access to the entire metro Toronto area is further unparalleled with several transit options available heading northward and southward. DISTANCE Chinatown (800M) 10 minute walk Entertainment District (1.8 KM) 23 minute walk Financial District (2 KM) 26 minute walk Liberty Village (2.4 KM) 30 minute walk QUEEN W ST 625 N SPADINA AVENUE TD CANADA TRUST HEALTHY CHOICE PHARMACY KEKOU GELATO KEKOU CHATIME KINTON RAMEN KINTON THE BURGER’S PRIEST CAMERON STREET Toronto, ON, M5J 2V1 Toronto, COOL N2 NITROGEN ICE CREAM ICE NITROGEN N2 COOL BUTTER AVENUE F AS IN FRANK IN AS F JUNO COLLEGE OF TECHNOLOGY www.collierscanada.com 181 Bay Street, Suite 1400, Street, 181 Bay POKITO CACAO 70 EATERY PARKA FOOD CO. FOOD PARKA H&R BLOCK H&R VANAULEY STREET CAMDEN STREET EUROFAB CITY DANCE CORPS MOOG AUDIO MOOG NEON TORONTO OFF THE WALL ART WALL THE OFF THE WOOL HOUSE WOOL THE RAKU DROM TABERNA DROM GRAFFITI ALLEY GRAFFITI AROMA ESPRESSO BAR AUGUSTA AVENUE BARCHEF MAMA LOVES YOU VINTAGE SAKU SUSHI SAKU CORE STUDIO PILATES CENTRALE BERGHAM CENTRALE THE DOT DENISON AVENUE TORONTO THEATRE ACADEMY THEATRE TORONTO LA PALETTE LA THE ORANGE LOUNGE RECORDING STUDIO CAULDRON ICE CREAM ICE CAULDRON B.GOOD PORTLAND STREET TEQUILA BOOKWORM TEQUILA LOBLAWS BMO BANK OF MONTREAL RYERSON AVENUE COSMOS RECORDS SHOPPERS DRUG MART DRUG SHOPPERS RAMEN ISSHIN EARLY BIRD COFFEE & KITCHEN TIKI BAR TIKI LCBO EXCLUCITY WINE RACK WINE RBC ROYAL BANK ROYAL RBC WEST 625 QUEEN STREET SMOKE’S POUTINERIE SMOKE’S WEST QUEEN STREET RICHMOND STREET WEST RICHMOND STREET 416 SNACK BAR SNACK 416 STRANGE LOVE COFFEE STARBUCKS DESIGN REPUBLIC CB2 Ontario BATHURST STREET // TORONTO ALLIANCE CHURCH ALLIANCE TORONTO THE LOFT TORONTO Toronto URBAN BARN URBAN KENZO RAMEN // RICKSHAW BAR ZAKKUSHI HAYLEY ELSAESSER JACOB & SEBASTIAN & JACOB PUBLIC LANE LA HACIENDA LA JOLIE MAISON BRIKA BLVD INTERIORS RAMEN MISOYA TORONTO MISOYA RAMEN FASHIONABLY YOURS NORTH OF BROOKLYN PIZZERIA BROOKLYN OF NORTH NÜGATEAU PATISSERIE 625 QUEEN ST WEST WEST 625 QUEEN ST PALMERSTON AVENUE TECUMSETH STREET FOR SALE FOR SALE This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or representations no guarantees, International makes Colliers only. information and general advertising International for Colliers by has been prepared This document/email should party interested Any and reliability. accuracy of content, to, warranties including, but not limited the information implied, regarding or kind, expressed of any warranties arising out and warranties terms, conditions implied or all inferred unequivocally International excludes Colliers the information. of the accuracy to inquiries as own their undertake companies. owned and operated affiliation of independently International is a worldwide Colliers from. there and damages arising loss for all liability this document and excludes of Inc.. * Sales Representative Nicolls Macaulay Colliers rights reserved. All its licensor(s). © 2019. International and /or of Colliers property the copyrighted This publication is .
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