401

WILSON AVENUE

345 WILSON AVENUE FOR , ON SALE 11,739 SF

OFFICE INVESTMENT OPPORTUNITY

Luis Almeida, SIOR Mark Cascagnette, SIOR Jake Mondrow Senior Vice President, Partner President, Managing Partner Senior Associate Sales Representative Sales Representative Sales Representative D 416.628.8151 D 416.628.8146 D 416.628.8151 [email protected] [email protected] [email protected]

Local Expertise. International Reach. World Class. WWW.LEETORONTO.COM KEY HIGHLIGHTS

THE LOCATION Exclusive office investment opportunity strategically located in North York, Toronto, with immediate highway access and public transit at doorstep. The fully tenanted building is currently being utilized as an office building and offers a unique and rare value add opportunity.

WILSON AVENUE

THE PROPERTY

345 WILSON AVENUE

LOT AREA ± 0.30 Acres GROSS MEASURED AREA 13,293 SF TOTAL RENTABLE AREA 11,739 SF (4 floors) ZONING Avenues Mixed Use Zone (AV-MU) PROPERTY TAXES $34, 230 (Annual 2019)

345 WILSON AVENUE \\ NORTH YORK, ON All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein. 345 WILSON AVENUE

OVERVIEW • Modernized building with updated lobby, hallways and bathrooms • 14 office suites over 4 floors • 120’ frontage on high traffic Wilson Avenue • Bus stop at doorstep / Wilson Station nearby • Quick access to Hwy 401, Yorkdale, Costco

INVESTMENT OPPORTUNITY ADDITIONAL FEATURES • 100 % occupancy • Building has thermopane windows • 2 - 4 years remaining on lease terms with • Main electrical service is 600 amps/208 volts various renewal options • Unit sizes range from 389 sf to 2,629 sf • 14 diverse tenants • Property free and clear of financing

• ProjectedHWY. 7 Annual NOI: $262,000 (rounded) • Building has been updated and modernized • Demand for office space in North York has in common areas such as lobby, hallways and HWY. 407 pushed rental rates higher with annual bathrooms.

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C . r e e k D r 1 . Lawrence Ave. 345 WILSON AVENUE \\ NORTH YORK, ON LAWRENCAllE information furnished regarding property for sale, rental or financing is from sources deemedLAWREN reliable,CE/YON GbutE no warranty or representation is made to the accuracy thereof and same is submitted to errors, J STATION STATION a omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein. n e S t . Eglinton Ave.

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23 MIN UNION STATION INVESTMENT HIGHLIGHTS

STRATEGIC LOCATION AND SUPERIOR ASSET QUALITY • Central North York location with exceptional access to multiple 400 series highways and public transportation between 2 TTC subway stations. • Multi-tenant office building with an abundance of surface parking available

STABLE CASH FLOW WITH UPSIDE • Diverse mix of long-standing tenants offering strong cash flows • All leases on gross basis creating security for tenants and long term stability • Fully tenanted building with annual rent increases in place for all tenants

VALUE ADD POTENTIAL • Potential for high density residential and retail redevelopment in the future • Opportunity to grow current rents • Add a management fee to the rent • Potential to lease out parking for extra income • Building signage opportunity to increase revenue

345 WILSON AVENUE \\ NORTH YORK, ON All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein. For further details, please contact:

Luis Almeida, SIOR Mark Cascagnette, SIOR Jake Mondrow Senior Vice President, Partner President, Managing Partner Senior Associate Sales Representative Sales Representative Sales Representative D 416.628.8151 D 416.628.8146 D 416.628.8151

ONLINE DATA ROOM Upon request, the Advisor shall provide access to an online data room to those prospective purchasers who have executed the Advisor’s Confidentiality Agreement. The data room shall include documents for the review of prospective purchasers. Relevant information related to the subject property will be included therein for consideration of prospective purchasers.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice No liability of any kind is to be imposed on the broker herein.

Local Expertise. International Reach. World Class. WWW.LEETORONTO.COM