HURONTARIO STREET Total Population · 2021· Projected 12,657 835,119 2,974,188 Southwest, and Brampton to the North
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MINEOLA MISSISSAUGA, TORONTO, 2016 DEMOGRAPHIC SNAPSHOT LOCATION OVERVIEW NEIGHBOURHOOD ONTARIO ONTARIO ACREAGE ±0.97 ACRES Mississauga is the first municipality to the Total Population · 2016 · Estimated 11,348 788,469 2,849,222 west of Toronto bordered by Lake Ontario to the south, Oakville and Milton to the west/ FRONTAGE ±100.36 FEET ON HURONTARIO STREET Total Population · 2021· Projected 12,657 835,119 2,974,188 southwest, and Brampton to the north. Mississauga is Canada’s 6th largest City Population Change % · 2016-2021 11.5% 5.9% 4.4% DEPTH ±423.85 FEET with more than 752,000 residents; the City is expected to grow to more than 878,000 residents by 2041. It is also Canada’s Average Household Income $168,922 $106,175 $103,381 OFFICIAL PLAN RESIDENTIAL LOW DENSITY 1 fastest growing major city due in large part to its proximity to Downtown Toronto, its Owned Dwellings 93.1% 74.2% 54.4% ZONING RESIDENTIAL R1-1 access to public transit, and its diverse and family friendly neighbourhoods Rented Dwellings 6.9% 25.8% 45.6% QUEEN ELIZABETH WAY PINEWOOD TRAIL SO UT H S ERV ICE RD D R E IC V R E S H T HURONTARIO ST R O N PROPOSED HURONTARIO LRT STOP NORTH SERVICE AY EE W ETR PIN ALL OUTLINES ARE APPROXIMATE PLANNING & LAND USE CONTEXT CONCEPTUAL SITE PLAN & RENDERING Located in the Mineola Neighbourhood and classified as being within an Intensification Corridor, the Property is designated Residential Low Density 1 pursuant to the Mississauga Official Plan. Permitted uses as per the Residential Low Density 1 designation are as follows; detached dwelling, semidetached dwelling, and duplex dwelling. Residential intensification under the Neighbourhoods designation is typically achieved through the development of existing commercial sites as mixed use areas, and any future development should be sensitive to the existing nature of the area and include appropriate transitions in use. While intensification is generally not encouraged in Neighbourhood areas, the Site is located within the Hurontario Street Intensification Corridor and is well situated for redevelopment because of its QUEEN ELIZABETH WAYHURONTARIO ST surrounding land use context, and the transit-oriented nature of the corridor. In addition to being classified as an IntensificationP Corridor,R E C E D E N T R E N D E R I N G the Site is also identified as being within a Major Transit StationRESIDENTIAL Area. DEVELOPMENT Subsequently, a number of Light Rail Transit stops will be implemented along Hurontario Street to service the future Hurontario Light Rail Transit (LRT). UNIT COUNT 58 units Given all aspects of the current land use context a mix of medium PARKING OPTION 1 72 spaces (ratio 1.29/per unit) density housing, high density housing, community infrastructure, employment, and commercial uses are encouraged. FLOORPLANS QUEEN ELIZABETH WAY HURONTARIO ST RESIDENTIAL DEVELOPMENT HURONTARIO STREET, MISSISSAUGA, ONTARIO. STREET PROPERTIES PROJECT NO. 16-121 October 26, 2016 KIRKOR COMPARABLE DEVELOPMENTS HURONTARIO LRT PORT CREDIT The Site is located directly on the future Hurontario Light Rail Transit (LRT) line which is intended to bring PROPOSED rapid reliable transit to the cities of Mississauga and HURONTARIO LRT STOP MINEOLA RD W MINEOLA Brampton. The future LRT will serve 22 stops along the DEVELOPMENT CHARGES Hurontario Corridor, with intermunicipal connections to Other Single Semi GO Transit Lines, Mississauga MiWay, Brampton Züm Small Units Apartments Residential Detached and Mississauga Transitway BRT. The Hurontario LRT will significantly impact the communities of Mississauga and Brampton as they will now be an integral part of Region of Peel $19,961.20 $30,177.65 $40,394.13 $49,307.27 the GTA’s broader transportation network. Construction is slated to begin in early 2018. GO Transit $185.83 $358.60 $502.00 $502.00 ANCHORS AT ST HURONTARIO LAKEVIEW - EAST City of Mississauga $12,348.04 $18,091.77 $27,170.19 $27,170.19 4 Peel District ANCHORS AT $3,224.00 $3,224.00 $3,224.00 $3,224.00 School Board LAKEVIEW - WEST Dufferin-Peel Catholic 3 $1,343.00 $1,343.00 $1,343.00 $1,343.00 School Board D E R Total $37,062.07 $53,195.02 $72,633.32 $81,546.46 DELLWOOD PARK VIC SER TH SOU Source: City of Mississauga; Planning & Building Department, 2017 2 QUEEN ELIZABETH WAY ALL OUTLINES ARE APPROXIMATE P R E C E D E N T R E N D E R I N G RESIDENTIAL DEVELOPMENT NOLA LOCATION MAP RESIDENTIAL DEVELOPMENT HURONTARIO STREET, MISSISSAUGA, ONTARIO. STREET PROPERTIES PROJECT NO. 16-121 October 26, 2016 KIRKOR 1 15 14 PRODUCT UNIT SIZES PRICES UNITS SOLD 16 PROJECT NAME OCCUPANCY UNIT PRICES TYPE (SF) (PER SF) (SOLD %) OUT AMENITIES 1 Queen Elizabeth Public School Nola $276,900 to 70 10 2 Port Credit Secondary School 1 by Fram Building Group & Oct-18 Apartment 510 to 2,240 $543 to $806 Active $1,729,900 (94%) 11 3 Mineola Public School Slokker 4 Mentor College 9 5 Port Credit GO Dellwood Park $379,900 to 110 6 2 Jun-18 Stacked 726 to 1,115 $457 to $523 Jan-17 Port Credit Arena by Sierra Building Group $509,900 (100%) 7 Kenollie Public School 1 8 Mississauga Golf Club 3 2 9 Cooksville GO 4 3 Anchors at Lakeview - West $264,990 to 48 13 Mar-18 Stacked 596 to 1,101 $427 to $456 Jul-16 7 10 Square One Shopping Centre by Dunsire Developments $469,990 (100%) 5 6 11 City Hall 8 12 U of T Mississauga 12 INSTITUTIONAL 13 Credit Valley Hospital 4 Anchors at Lakeview - East $279,990 to 26 Mar-18 Stacked 555 to 1,298 $436 to $504 Feb-16 14 Heartland Town centre by Dunsire Developments $565,990 (100%) COMMERCIAL 15 Hershey Centre Source: RealNet, 2017 16 Costco Wholesale TRANSIT © 2017 CBRE Limited. 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Layout ID:L08 MapId:4500216 OFFERING PROCESS CONFIDENTIALITY AGREEMENT Potential purchasers that require access to the Document Centre must complete a Confidentiality Agreement and return it to:[email protected] DOCUMENT CENTRE OFFER SUBMISSIONS • Hurontario LRT Information All offers are requested to be submitted to: • Conceptual Site Plan Ian Hunt • Planning & Land Use Information [email protected] • Final Phase 1 ESA CBRE Limited • Geotechnical Report 2005 Sheppard Avenue East • Preliminary Site Servicing Investigation Suite 800 • Topographic Map Toronto, ON · M2J 5B4 ASKING PRICE: $8,700,000 CAWTHRA RD QUEENSWAY E HURONTARIO ST QUEEN ELIZABETH WAY HURONTARIO ST PINETREE WAY PINEWOOD TRAIL Ian Hunt* Jason Child* Mike Czestochowski** Lauren White* Senior Vice President Vice President Executive Vice President Senior Vice President 416 495 6268 416 495 6249 416 495 6257 416 495 6223 [email protected] [email protected] [email protected] [email protected] *Sales Representative **Broker. 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