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155 Wychwood Avenue TORONTO, ONTARIO, CANADA

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155 Wychwood Avenue TORONTO, ONTARIO, CANADA 155 Wychwood Avenue TORONTO, ONTARIO, CANADA INVESTMENT SUMMARY INSERT PHOTO COLLAGE (NEIGHBOURHOOD, TRANSIT, PROPERTY, RETAIL ETC.) Image for illustrative purposes only Image for illustrative purposes only 2 | Colliers Capital Markets Canada The Opportunity Colliers International (the “Advisor”) on behalf of 155 WYCHWOOD AVENUE RESIDENCE INC. (the “Vendor”) is pleased to offer for sale a 100% freehold interest in 155 Wychwood Avenue, Toronto (the “Property” or “Site”). 155 Wychwood Avenue offers a premier midrise development opportunity strategically positioned on a prominent 0.18-acre (8,019 SF) corner lot in the highly affluent St. Clair Avenue West neighbourhood of Toronto. The Property provides the potential to construct a landmark midrise development project with ancillary retail at-grade offering unrivaled transportation access, abundant local amenities and proximity to downtown Toronto. Property Summary Address 155 Wychwood Avenue Municipality Toronto, Ontario Site Area 0.184 acres (8,019 SF) Frontage along St. Clair Avenue ~85.0 ft West Depth along Wychwood Avenue ~99.9 ft. Designation - In-Place Zoning MCR T5.0 C2.0 R4.0 (By-Law 438-86) Maximum Height - In-Place Zoning 24.0 metres or 7-Storeys PIN 104680213 PT LT 110 PL 1322 WYCHWOOD BRACONDALE DOVERCOURT; PT LT 111 PL 1322 Legal Description WYCHWOOD BRACONDALE DOVERCOURT AS IN WE2308; TORONTO, CITY OF TORONTO Wychwood Avenue ~85 ft. ~100 ft. St. Clair Avenue W TTC1 Streetcar 1 Toronto Transit Commission 155 Wychwood Avenue | 3 Downtown Toronto Bloor-Yorkville Union Station Bathurst Street 155 Wychwood Ave Vaughan Road Wychwood Avenue Kenwood Avenue St. Clair Avenue W TTC1 Streetcar Wychwood Avenue TTC1 Subway Yonge-University Line Asset Outline Christie Street 1 Toronto Transit Commission 4 | Colliers Capital Markets Canada Investment Highlights Downtown Toronto PREMIER LOCATION ON ST. CLAIR Bloor-Yorkville AVENUE WEST IN ONE OF TORONTO’S MOST AFFLUENT COMMUNITIES 155 Wychwood Avenue is a 0.18-acre (8,019 SF) site located at the intersection of St. Clair Avenue West and Wychwood Union Station Avenue in midtown Toronto. The Property occupies a prominent corner location with expansive frontages providing an ideal site for condominium or multi-residential development with ancillary retail at-grade. St. Clair Avenue West is one of the most affluent neighbourhoods in Canada with average household income of $143,594 within a 2.5 km radius and an average composite housing price in excess of $1.2M as of August 2019. LIFESTYLE ORIENTED DEVELOPMENT OPPORTUNITY IN A TRANSIT ORIENTED NODE The Property offers exceptional access to the public transportation network with TTC streetcar service along St. Bathurst Street Clair Avenue West providing direct connections with both St. Clair West and St. Clair stations on the Yonge-University Line. With a total travel time of less than 30-minutes to Union Station, the Property also offers excellent access to the regional transportation system including GO Transit, Via Rail and the Union-Pearson Express. Domestic and international travel is facilitated by Pearson Airport and Billy Bishop Airport 155 which are both located within 1 hour of total travel time. Wychwood LOCATED IN THE TRENDY HILLCREST Ave VILLAGE COMMERCIAL AREA OFFERING Vaughan Road Wychwood Avenue EXCELLENT RETAIL LEASING POTENTIAL St. Clair West is one of Toronto’s most affluent residential communities, offering a peaceful atmosphere in the heart of the City, approximately 15-minutes to the Financial District. Kenwood Avenue Featuring quaint residential streets and large lot subdivisions, St. Clair Avenue W the neighbourhood offers some of the most attractive residential properties in Toronto with a highly affluent population and some of the most expensive real estate in the city. Hillcrest Village boasts a vibrant commercial area extending west along St. Clair Avenue West from Bathurst Street to Oakwood Avenue 1 Wychwood Avenue TTC Streetcar providing a variety of restaurants, services and amenities TTC1 Subway Yonge-University Line including a Loblaws, No Frills, LCBO and Shoppers Drug Mart; Asset Outline Christie Street all within walking distance. 1 Toronto Transit Commission 155 Wychwood Avenue | 5 Investment Highlights HIGHLY EFFICIENT SITE CONFIGURATION WITH EXCELLENT DEVELOPMENT POTENTIAL Optimally positioned on a 0.18-acre (8,019 SF) rectangular corner lot, the Property provides excellent potential for midrise development with ~85 ft. of frontage along St. Clair Avenue West and ~100 ft. of frontage along Wychwood Avenue providing the potential for below-grade parking access along the adjacent rear laneway. The Property is designated under former City of Toronto By-Law 438-86 as MCR T5.0 C2.0 R4.0 a mixed commercial residential designation permitting development up to a total of 5.0x site area with up to 2.0x for commercial uses and 4.0x for residential uses up to a maximum height of 24.0 metres or 7-storeys. Yonge & St. Clair PLACEHOLDER IMAGE St. Clair West Bathurst Street Vaughan Road 155 Wychwood Kenwood Avenue Ave St. Clair Avenue W Wychwood Avenue Christie Street TTC1 Streetcar TTC1 Subway Yonge-University Line Asset Outline 1 Toronto Transit Commission Pinewood Avenue 6 | Colliers Capital Markets Canada EXCEPTIONAL MARKET FUNDAMENTALS FOR MULTI-RESIDENTIAL AND CONDOMINIUM DEVELOPMENTS The St. Clair Avenue West corridor is a coveted location for high-end condominium development experiencing significant intensification in recent years. The corridor continues to see an increase in development activity with 7 active applications for projects along St. Clair Avenue West from Avenue Road to Keele Street typically ranging from 8-12 storeys within the Midrise Design Guidelines as set out by the City of Toronto. Active condominium projects in the vicinity are achieving pricing in the range of $900 - $1,850 PSF with excellent sales absorption and strong demand for new units. FREE AND CLEAR OF EXISTING FINANCING The Property is being offered free and clear of existing financing offering an opportunity to secure new first mortgage or development financing at rates near historic lows. The Canadian real estate debt market continues to benefit from an excellent supply of capital from both traditional secured mortgage lenders and debt capital market. The Vendor is willing to provide a short-term VTB at terms to be negotiated. 155 Wychwood Avenue | 7 COLLIERS CAPITAL MARKETS | CANADA 181 Bay Street, Suite 1400 Toronto, Ontario M5J 2V1 T: +1 416 777 2200 F: +1 416 777 2277 Ted Li* Andrew Barnicke** Andrew Joseph* Senior Vice President Vice Chairman, Managing Partner Associate Vice President +1 647 798 6288 +1 416 643 3766 +1 647 798 6239 [email protected] [email protected] [email protected] ** Broker *Sales representative This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2019. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Inc..
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