The Queensway
Total Page:16
File Type:pdf, Size:1020Kb
801 THE QUEENSWAY JEREMIAH SHAMESS MYLES KENNY Associate Vice President | Sales Representative Senior Sales Representative +1 416-620-2814 +1 416-620-2882 [email protected] [email protected] COLLIERS PRIVATE CAPITAL This document/email 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, INVESTMENT GROUP 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. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2018. All rights reserved. Colliers Macaulay Nicolls Inc., Brokerage. FOR SALE 801 The Queensway // Toronto // Ontario CONCEPTUAL Site Plan Plans, dimensions, and calculations are preliminary and approximate. Conceptual design as shown is subject to municipal approvals 801 The Queensway Option B - 8 Storeys Project No. 18054 19 July 2018 1:500 FOR SALE 801 The Queensway // Toronto // Ontario AREA OVERVIEW South Etobicoke has experienced explosive growth in the past few years, resulting in a flurry of high-rise towers built and planned in the area. Along the Queensway, east of Kipling The Queensway Avenue we are seeing a plethora of high-rise residential towers 801 The Queensway - 6 Storey being developed by world class developers. Among current Zoning: Zoning By-law No. 514-2003 - Max 3.0 FSI and future redevelopmentHeight Limit: sites6 ST / 21mis the Kipling Queensway Mall, Lot Size: ± 2847.0 sm The Queensway II, 1001Residen tQueensway,ial & Retail and the IQ Condos at 1185 ±Net Saleable GBA¹ (sm) No.of Suites Queensway. Floor Residential (sm) ±Net Retail (sm) 6 1,285 1,100 17 5 1,285 1,100 17 4 1,660 1,450 22 801 The Queensway3 1,660is in the 1,450 heart of Etobicoke,22 conveniently Taymall Avenue located near the Gardiner2 1,660 Expressway, 1,450 QEW and22 Highway 427. Ground 1,680 860 The site provides easy access to a number of public transit CONCEPTUAL TOTAL (sm): 9,230 6,550 860 100 nodes includingTOTAL Kipling (sf): 99,354 and TTC 70,506 stations 9,257 and Mimco GO Station. This propertyApprox. GFA² Total offers (sm): 8,769 tremendous appeal for a mid-rise mixed EXECUTIVE SUMMARY use developerFloor Space Ind elookingx - FSI: to acquire 3a.0 8prime piece of property for Proposed Height: 6 Storeys, approx. 21m (excluding Mech penthouse) Colliers Macaulay Nicolls Inc. (“Colliers”) buildable square feet according to massings redevelopment. Underground Parking has been retained by Canadian Tire completed by Quadrangle Architects at 4.87 Zoning By-law Required Ratios 1.0/unit 1B & 2B 90 (assume 90% of units) Corporation, Limited (“Vendor”) to act FSI and 8 storeys. 1.2/unit 3B 12 (assume 10% of units) 0.2/unit for Visitor 20 PROPERTY OVERVIEW as its advisor and exclusive agent of 801 Approx.Total REQUIRED ± 122 The Queensway a mid-rise, mixed-use P1 Level PROVIDED ± 55 Ideally situated at the convergence of MunicipalP2 LevelAddress PROVIDED ± 65 801 The Queensway development opportunity located at the several popular neighborhoods, 801 The TOTAL PROVIDED ± 120 Land Area 30,771 SF corner of The Queensway & Taymall Queensway will offer the vibrancy and All calculations are approximate and preliminary The Queensway ¹GBA (Gross Building Area) is measured to the outer face of the exterior wall and excludes Avenue (the “Property”) in South Etobicoke, amenities of Downtown Toronto combined balconies.Building A 5% GBAArea reduction has been assumed for inset balconies7,540 SF GFA (Gross Floor Area) is approximated at 95% of the GBA Toronto. The development site will boast with accessibility of South Etobicoke. The ² Frontage 214.00 (ft) over 214’Taymall of frontage Avenue along one of the most immediate neighborhood continues to active “Avenues” in Etobicoke. The scarcity experience incredible residential demand as Depth 143 (ft) of sizeable mixed-use development sites well as development applications, which is Zoning AV along The Queensway as a truly unique highlighted by the rapid absorption of new opportunity in one of GTA’s strongest and units hitting the market. As a result, 801 The Official Plan Mixed-Use fastest growing residential submarkets. Queensway presents developers with the Legal Description PLAN 3768 PT LOTS 8 & 9 Plans, dimensions,The andsite calculations features are preliminary favorable and approximate. mixed-use Conceptual design as shownopportunity is subject to municipal to capitalize approvals on these favorable official plan designation that permits the 801 The Queensway market conditions. Option A - 6 Storeys development of a unique mid-rise project. Project No. 18054 The Property offers19 Julya potential2018 of 149,295 FOR SALE 801 The Queensway // Toronto // Ontario GARDINER EXPRESSWAY ROYAL YORK ROAD THE QUEENSWAY Taymall Avenue Toronto Downtown Office JEREMIAH SHAMESS MYLES KENNY 181 Bay Street, Suite 1400 Associate Vice President | Sales Representative Senior Sales Representative Toronto, Ontario M5J 2V1 +1 416-620-2814 +1 416-620-2882 [email protected] [email protected] .