3650 Danforth Avenue Toronto, Ontario + 19 Acres Large-Scale User | Redevelopment Opportunity
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3650 DANFORTH AVENUE TORONTO, ONTARIO + 19 ACRES LARGE-SCALE USER | REDEVELOPMENT OPPORTUNITY DANFORTH ROAD DANFORTH AVENUE BIRCHMOUNT ROAD LAND SPECIALISTS TABLE OF CONTENTS DANFORTH AVENUE THE OFFERING 4 BUILDING HIGHLIGHTS 6 SITE BREAKDOWN 8 TRANSIT & AMENITIES 10 OFFERING PROCESS & LISTING TEAM BIRCHMOUNT ROAD 12 WARDEN SUBWAY THE OFFERING & BUS TERMINAL 4 MIN DRIVE (2.7 KM) CBRE Limited is pleased to offer 100% FROM SITE freehold interest in the sale of 3650 Danforth Avenue (the “Site”). The +19.08 WARDEN & EGLINTON RETAIL •Walmart •Winners ac. Site is within the Upper Beaches •RONA •LCBO •Lowes •HomeSense EGLINTON AVENUE EAST •Eglinton Town Centre •Best Buy EGLINTON CROSSTOWN LRT neighbourhood in Toronto at Danforth •Cineplex Cinemas ... and more Avenue and Birchmount Road. The Site is well serviced by existing TTC and GO Train networks with Warden TTC Station & TTC LINE 2 Bus Terminal being a 4 minute drive away, TAYLOR MASSEY CREEK and the Scarborough GO Train station BIRCHMOUNT SHOPPING ST. CLAIR AVENUE EAST being a 6 minute drive away. There are PLAZA also various existing bus stops & routes through the immediate neighbourhood SCARBOROUGH GO TRAIN STATION that have frequent service. The Crosstown 6 MIN DRIVE (3.3 KM) LRT will run along Eglinton Avenue and FROM SITE is a 6 minute drive north from the Site. It is currently under-construction with a DANFORTH ROAD projected 2021 completion date.1 The Site offers a user opportunity in a mature MIDLAND AVENUE neighbourhood and is just steps to many schools, a community centre, track & field LAKESHORE EAST GO LINE stadium and hockey arena. The Site offers TORONTO FIRE STATION a view of Lake Ontario, which is directly BIRCH CLIFF HEIGHTS south along Birchmount Road. It is just a PUBLIC SCHOOL short drive to many outdoor recreational DANFORTH attractions such as Taylor Massey Creek, GO TRAIN STATION Scarborough Heights Park and the 6 MIN DRIVE (3.2 KM) FROM SITE Scarborough Bluffs Area which features BIRCHMOUNT ROAD BIRCHMOUNT PARK various beaches, marinas, yacht clubs, COLLEGIATE INSTITUTE sailing clubs and walking trails. DANFORTH AVENUE SITE DETAILS IMMACULATE HEART OF BIRCHMOUNT STADIUM Total Area + 19.08 ac. MARY CATHOLIC SCHOOL 2 Building Area 186,000 ft. BIRCHMOUNT COMMUNITY CENTRE 064480499 064480022 PINs SCARBOROUGH 064480496 GARDENS ARENA 064480494 +1,032ft. on Danforth Ave. Frontage +1,089ft. on Birchmount Rd. BIRCH CLIFF PUBLIC SCHOOL KINGSTON ROAD Official Plan Core Employment Areas Employment Industrial Zoning Employment Heavy LAND 1Source: www.metrolinx.com SPECIALISTS BUILDING INTERIOR EXCELLENT TRANSIT CONNECTIVITY POTENTIAL USER INVESTMENT 2 The Site is located in close proximity to Warden The Site offers a 186,000 ft. building that consists 3650 DANFORTH AVENUE of updated open concept office space, presentation TTC, the Scarborough & Danforth GO Train rooms, atrium/common areas, additional LARGE-SCALE USER & REDEVELOPMENT OPPORTUNITY Stations, multiple TTC bus routes and the future warehouse/storage area with ample on-site surface Eglinton Crosstown LRT Line. parking. DANFORTH AVENUE BIRCHMOUNT ROAD UPDATED OPEN CONCEPT OFFICE SPACE LAND SPECIALISTS SITE SPECIFICATIONS & HIGHLIGHTS 186,000 TOTAL SQUARE FEET AMPLE OFFICE SPACE WITH SOME INDUSTRIAL SPACE 186,000 SF OF OFFICE & 305 PARKING SPACES ON SITE WITH ROOM FOR MORE SITE HAS 3 BOILERS (REPLACED IN 2013) & 2 CHILLERS INDUSTRIAL SPACE WITH SUBSTANTIAL POWER BROUGHT THROUGH 4 TRANSFORMERS UNDERGROUND OIL TANK PASSED INSPECTION IN 2019 FUTURE RE- DEVELOPMENT WAREHOUSE CLEAR HEIGHT OF 16 FEET TO 19 FEET NEW FIRE ALARM SYSTEM INSTALLED IN 2013 POTENTIAL 2 TRUCK LEVEL LOADING DOORS WITH 53 FOOT TRAILER ACCESS BUILDING BUILT IN 5 STAGES & CAN BE SUBDIVIDED RESPECTIVELY ADDITIONAL WAREHOUSE & STORAGE SPACE SITE BREAKDOWN 4 TRANSFORMERS BRING POWER TO THE The +186,000 ft.2 building was previously SITE used as a large-scale pharmaceutical manufacturing site, that since has been converted mostly to updated open concept office space. The building itself is composed of five separate building that were built in a series of building expansions. All of the five buildings are interconnected and receive their power via the four transformers located on the north side of th main building; BIRCHMOUNT ROAD however each of the buildings have their own washroom and plumbing systems, ADDITIONAL therefore can be functionally subdivided +3.81 ACRES with minimal work to be done. The building OF EXCESS LAND has been extremely well maintain over the years and has an additional + 3.81 acres of excess land that could be used for further future expansion. OFFICIAL PLAN Core Employment Areas ZONING Employment Industrial Employment Heavy DANFORTH AVENUE LAND SPECIALISTS TRANSIT NETWORK VIEW NORTH WARDEN STATION ST. CLAIR AVENUE EAST BUS 69A BUS BUS BIRCHMOUNT ROAD BUS 113 69B 135 DANFORTH ROAD BUS 20 DANFORTH AVENUE BUS 12A BUS 12 BIRCHMOUNT ROAD DANFORTH AVENUE KINGSTON ROAD FULL SITE NOT SHOWN NEARBY AMENITIES VIEW EAST SCARBOROUGH BLUFFS | 5.1 KM FROM SITE KINGSTON ROAD COMMERCIAL CORRIDORSCARBOROUGH BLUFFS KINGSTON RD COMMERCIAL: •No Frills Groceries •Starbucks •Dollarama •Bulk Barn •Mid-King Gas Station •Shoppers Drug-Mart •Cliffside Dental •Tim Hortons •Rexall •Pet Valu •Kennedy Flowers •Cliffside Meat & Deli •Golden Rose Spa •Resistance Fitness •Scarborough Animal •Tara Inn Restaurant VARIETY VILLAGE FITNESS Hospital ...and more Image Source: dailyhive.com BIRCHMOUNT ROAD VARIETY VILLAGE | 700 M FROM SITE COMMUNITY CENTRE HOCKEY ARENA DANFORTH AVENUE LAND SPECIALISTS Image Source: varietyvillage.ca LAND SPECIALISTS 3650 DANFORTH AVENUE TORONTO, ONTARIO + 19 ACRES LARGE-SCALE USER | REDEVELOPMENT OPPORTUNITY CONTACT US TO SCHEDULE A TOUR ON THE FOLLOWING DATES: Tuesday February 18TH, 2020 Tuesday February 25TH, 2020 Tuesday March 3RD, 2020 Tuesday March 10TH, 2020 CONTACT US FOR MORE INFORMATION: IAN HUNT* MARC OLIVER* JASON CHILD* Senior Vice President Senior Sales Associate Senior Vice President T: +1 416 495 6268 T: +1 416 495 6255 T: +1 416 495 6249 E: [email protected] E: [email protected] E: [email protected] TOREY FERRELLI* DANIEL SATOOR* Sales Representative Sales Representative T: +1 416 495 6246 T: +1 416 495 6203 E: [email protected] E: [email protected] SUBMIT ALL OFFERS TO: IAN HUNT OFFER SUBMISSION DATE: MARCH 24TH, 2020 *SALES REPRESENTATIVE; All outlines are approximate CBRE LIMITED This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, 2005 Sheppard Ave E, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information #800 may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other Toronto, ON M2J 5B4 countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services [email protected]; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth www.cbre.ca/child-hunt.