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Home , Queen Street (Toronto)

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 // // Ontario

Colliers International as exclusive agent is pleased to offer for sale 625 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 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 and as far east to . 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 FOR SALE 625 QUEEN ST WEST // Toronto // Ontario NORTH OF BROOKLYN PIZZERIA OF BROOKLYN RAMEN MISOYA BRIKA LA HACIENDA & SEBASTIAN JACOB ZAKKUSHI BARN URBAN CHURCH ALLIANCE TORONTO STARBUCKS BAR 416 SNACK SMOKE’S POUTINERIE BANK RBC ROYAL WINE RACK EXCLUCITY TIKI BAR MART DRUG SHOPPERS TEQUILA BOOKWORM ICE CREAM CAULDRON LA PALETTE ACADEMY THEATRE TORONTO CENTRALE BERGHAM SUSHI SAKU BARCHEF TABERNA DROM RAKU HOUSE THE WOOL ART THE WALL OFF AUDIO MOOG EUROFAB H&R BLOCK CO. FOOD PARKA POKITO F AS IN FRANK ICE CREAM N2 NITROGEN COOL RAMEN KINTON GELATO KEKOU RYERSON AVENUE DENISON AV AUGUSTA AV VANAULEY STREET CAMERON STREET BATHURST STREET PALMERSTON AVENUE ENUE E NUE W ST QUEEN STREET WEST

PUBLIC LANE PORTLAND STREET GRAFFITI ALLEY 625 QUEEN

RICHMOND STREET WEST TECUMSETH STREET

N CAMDEN STREET NÜGATEAU PATISSERIE FASHIONABLY YOURS BLVD INTERIORS JOLIE MAISON HAYLEY ELSAESSER RICKSHAW BAR KENZO RAMEN THE LOFT TORONTO CB2 DESIGN REPUBLIC STRANGE LOVE COFFEE LCBO EARLY BIRD COFFEE & KITCHEN RAMEN ISSHIN COSMOS RECORDS BMO BANK OF MONTREAL LOBLAWS B.GOOD THE ORANGE LOUNGE RECORDING STUDIO THE DOT CORE STUDIO PILATES MAMA LOVES YOU AROMA ESPRESSO BAR NEON TORONTO DANCECITY CORPS CACAO 70 EATERY JUNO COLLEGE OF TECH AVENUEBUTTER THE BURGER’S PRIEST CHATIME HEALTHY CHOICE PHARMACY CANADATD TRUST

625 VINTAGE QUEEN

STREET NOLOGY WEST

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