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Investment Opportunity 2000 Muskoka Rd N, Gravenhurst, Ontario, Canada

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Investment Opportunity 2000 Muskoka Rd N, Gravenhurst, Ontario, Canada UNIQUE INVESTMENT OPPORTUNITY 2000 MUSKOKA RD N, GRAVENHURST, ONTARIO, CANADA ±75 ACRE LAND PARCEL WITH FRONTAGE OF APPROXIMATELY 6,420 FEET ON LAKE MUSKOKA GRAVENHURST GRAVENHURST HARBOURFRONT Muskoka Bay Cliff Bay All outlines are approximate. GRAVENHURST UNIQUE INVESTMENT OPPORTUNITY 2000 MUSKOKA RD N, GRAVENHURST, ONTARIO, CANADA HENRY ISLAND THE OFFERING The Land Services Group on behalf of Infrastructure Ontario (“IO”) is pleased to offer for sale 2000 Muskoka Road North (the “Site” or “Property”) that is an unprecedented 75.24 acre property on a private peninsula fronting on Lake Muskoka in historic Gravenhurst. The Property is in the heart of Cottage Country and provides great access to Muskoka’s pristine natural beauty. Located in Cliff Bay on Lake Muskoka, DAISY ISLAND the Site boasts over 6,420 feet of waterfront while only being situated 3 kilometres north of downtown Gravenhurst. The proximity to Gravenhurst, which operates a major hub and gateway to the District, allows regional M U amenities to be accessible by a short car or boat trip from the Property. S K Gravenhurst has strong connections to other parts of the District, GTA and O Muskoka Bay K A province through its proximity to the Muskoka Regional Airport at 11km, RD Highway 11 at 6km, and Toronto at 170km. N The Site currently contains 21 vacant buildings (all of which are in a state of disrepair and require demolition) that were originally operated as the Muskoka Cottage Sanitorium, (a tuberculosis treatment centre) from 1897 to 1960, and the “Orillia Ontario Hospital School for the Developmentally Challenged” and Muskoka Regional Centre from the mid-1960s to 1993. All buildings have been vacant since the Centre closed in 1993. It is believed that the Site was undeveloped prior to 1897, at which time the Site was developed for institutional purposes. Cliff Bay In acquiring the lands a scenario(s) may be encountered where a potential development concept is not entirely consistent with this policy set and/or regulatory framework. As eluded to in the Town’s Official Plan, alternative forms of development could be considered that are/were not specifically envisioned. The Town and District continue to see year-round employment and economic development as necessary outcomes in the development of the site and will not consider residential as a primary use of the land. Concepts that meet the employment/economic development priorities, but require adjustment to planning documents, will be looked at even more Brydon’sWEST DON Bay PARK Trail LAN favourably if those opportunities provide public access space (especially to waterfront), provide some affordable housing, protect sensitive environmental features, and respect waterfront setback requirements. This Offering represents a once in a lifetime opportunity to acquire over 75 acres of land on a private peninsula with over 6,420 feet of shoreline frontage on Lake Muskoka. PROPERTY INFORMATION DEVELOPMENT ENVIRONMENT (INCENTIVES) 2000 Muskoka Road North Address In addition to relatively low development fees and a business friendly environment, the Town and District have a number of programs designed to accommodate and Gravenhurst, ON, Canada integrate new economic development initiatives in the community. The programs include, but aren’t limited to: Size 75.24 acres BUSINESS AND INVESTMENT CONCIERGE PROGRAM: Built to provide STREAMLINED PLANNING AND BUILDING PROCESS: While services in Official Plan Institutional Area developers and new business owners direct access to municipal staff and provide this area are already quick relative to larger municipalities, the Town and District a concierge to navigate community opportunities and resources. This includes are prepared to invest in expedited approval processes for developments that Zoning Institutional (I), Open Space (OS), assistance in accessing many of the provincial and federal incentives that may meet the Councils’ desired outcomes. By-Law Environmental Protection (EP) be available to businesses. There are 21 vacant buildings WORKFORCE DEVELOPMENT PROGRAMS: A number of free programs are Existing located on the Property. All buildings DEVELOPMENT CHARGES: The Town of Gravenhurst currently does not charge available to businesses looking at hiring and attracting talent to their locations in Conditions on-site are vacant. Development Charges for industrial and commercial development, and the Gravenhurst including settlement services. District of Muskoka has significantly reduced charges (50% from recommended Municipal services available at the lot Servicing rates for Commercial Accommodation and residential development, and other line with capacity. non-residential development charges are discounted (based on square footage) Further, it is important to note that the District has already invested heavily in by 92% from the recommended rate. water and waste-water services that are currently available to the Site. All outlines are approximate. 11 PROPERTY HIGHLIGHTS DRIVE TO 13 MIN MUSKOKA AIRPORT DRIVE TO TORONTO PEARSON 90 MIN INTERNATIONAL AIRPORT LEGACY PROPERTY IN MUSKOKA LESS DRIVE TO THAN 90 MIN DOWNTOWN TORONTO Rare opportunity for a potential master planned 12 development with approximately 23 acres to be left for the development of public spaces. NEARBY AMENITIES RETAIL LARGE LOT WITH WATERFRONT 1 Gravenhurst Home Hardware Over 6,420 feet of shoreline along Lake 2 LCBO Muskoka, providing for exceptional views from all points of the Property, as well as a nice 3 Sobeys beach area for swimming and sunbathing. 4 Shoppers Drug Mart 5 Sawdust City Brewing Company RECREATIONAL 6 Taboo Muskoka Resort & Golf HEART OF ONTARIO’S MUSKOKA AIRPORT 7 Muskoka Bay Resort COTTAGE COUNTRY 6 20 MIN FLIGHT TO THE TORONTO 8 Ungerman Gateway Park ISLAND BILLY BISHOP AIRPORT Muskoka is one of the most iconic cottage 9 Brydon's Bay Trail destinations in Canada – known worldwide 9 for its pristine shores, rocky terrain and 10 Muskoka Steamships and Discovery Centre exceptional views. 11 Bracebridge Golf Club SUBJECT PROPERTY 12 The Fairways at Kirrie Glen Golf Club 13 ABOUT MUSKOKA & GRAVENHURST INSTITUTIONAL 8 1 The Site is exceptionally well located on the pristine shores of Lake Muskoka within the 13 Gravenhurst Beechgrove Public School 10 5 Town of Gravenhurst, and is accessible by car, bus, water and air. The Town is located in 14 15 the south end of the District Municipality of Muskoka and is the third largest town in the 14 Gravenhurst High School 7 4 District. Muskoka is one of Canada’s most iconic cottage country destinations for not only 15 Service Ontario local Ontario residents, but people from all over the world. Situated on the Canadian Shield with over 1,600 lakes, Muskoka is world renowned for cottages and summer 2 homes, making this offering a once in a lifetime real estate opportunity. 3 During the summer, Muskoka’s population swells with visitors, but the District boasts 65,449 permanent residents throughout the year. Aside from being one of the most iconic cottage designations in Canada, it is also a premier destination for golf and seasonal and recreational activities. The population of Gravenhurst is estimated to be 13,599, making it a lively town throughout the year with various local amenities and services for the surrounding residents of the area (SiteWise, 2020). The Muskoka District is attracting more year-round residents as businesses expand and people retire. Taboo Muskoka Resort & Golf Muskoka Steamships and Discovery Centre Muskoka Bay Resort © 2020 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced. Layout ID: L18 MapId: 7716920 All offers are requested to be submitted to the attention of: Lauren White | [email protected] THE SALE PROCESS: • Official Site disposition launch Monday, December 7, 2020 • Interested purchasers must complete a confidentiality agreement in order to access the electronic Document Center. Completed CA must be returned to: [email protected] • The Document Center contains all relevant and available Site information All offers must be directed to: Lauren White | [email protected] Mike Czestochowski | [email protected] OFFERS ARE DUE WEDNESDAY, FEBRUARY 24TH, 2021 BY 4PM (EST) PLEASE NOTE THAT LATE OFFER SUBMISSIONS WILL NOT BE ACCEPTED Muskoka Bay Cliff Bay FOR MORE INFORMATION, PLEASE CONTACT ADVISORS BELOW: Mike Czestochowski** Lauren White* Ed Seagram** Executive Vice President | Land Services Group Senior Vice President | Land Services Group Vice President |
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