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EGLINTON AVE E Toronto, Ontario 2823-2829 EGLINTON AVE E Toronto, Ontario ZONING APPROVED STACKED TOWNHOUSE DEVELOPMENT Residential, Medical and Commercial Development Opportunity FOR SALE Contact: DANNY SHVARTSMAN Sales Representative T +1 416 495 6204 [email protected] Appendix 1: Transit Network Analysis TRANSIT EXPANSION Redevelopment Opportunity The Property will be serviced by the Eglinton East Light Rail Transit (LRT) project, planned HEIGHT as an easterly extension of the Eglinton Up to Crosstown LRT. This system would run from 11 storeys Kennedy Station to the University of Toronto Scarborough Campus (11 kilometres) and would include a stop at Eglinton Avenue East and Danforth Road, in the immediate vicinity of the Property. LEASES OSEWGO ROAD Sale/demo clauses SUPERIOR TRANSIT The Property has excellent access to existing and planned rapid transit and surface transit services, located mid-way between two GO stations: it is approximately 1.7 kilometres east FUTURE of the Kennedy Station and 1.0 kilometre west TRANSIT of the Eglinton GO Station. The TTC bus stops Along Planned located near the Property at the intersection Eglinton East LRT of Eglinton Avenue East and Danforth Road EGLINTON AVENUE EAST collectively, serve five bus routes. Figure 4: 2026 Recommended Rapid Transit network for Scarborough (including high frequency bus corridors) THE OFFERING as such City Planning staff envisages mid-rise development N CBRE is pleased to offer for sale 2823-2829 Eglinton Avenue of heights up to 11 storeys in this node, allowing a range of East (The “Property”) situated along Eglinton Avenue East, residential, commercial and employment uses. Relief Line immediately east of Brimley Road, in the City of Toronto. The Property is surrounded by numerous planned and Evaluation criteria for use throughout the Relief LineEGLINTON Project Assessment were developed based The Property consists of 0.69 ac., with frontage of completed residential developments. Ideal for medical on the RTEF principles (http://reliefline.ca/the-project/project-materials#FinalCriteria). These approximately 150 ft. along Eglinton Avenue East, and 200 centre, long term care criteria have been used to evaluate potential station areas (http://reliefline.ca/pages/psa-results) The Property is located approximately 1.7 kilometres to the ft. along Oswego Road. & transitional care and determine the recommended corridor - connecting Pape Station to downtown via east of the Kennedy GO station, 1.0 kilometres to the west development Queen/Richmond via Queen & Broadview (Figure 5). The draft corridor evaluation will be The Property is located along an Avenue and is designated as of the Eglinton GO station, and is a 4 minute drive from the finalized considering input from stakeholders and the public. a Mixed-Use area as per the City of Toronto Official Plan, and Scarborough Hospital. Potential alignments with potential station locations in this corridor have been developed. The PROPERTY DETAILS PLANNING & HEIGHT evaluation criteria will be used to evaluate the potential alignments and identify a recommended 0.69 ac. Frontage: City Planning staff envisages significant intensification in this alignment with station locations. 4 MIN DRIVE LOT SIZE: node, with building heights of up to 11 storeys, commensurate + 150 ft. on Eglinton Ave. E THE SCARBOROUGH with the right of way of Eglinton Avenue East. + 200 ft. on Oswego Rd. HOSPITAL Nearby developments include: _____________________________________________________________________________________ Urban Structure: Avenues Developing Toronto's Transit Network Plan: Phase 1 11 OFFICE PLAN: City of Toronto, City Planning Division Land Use Designation: Mixed Use Areas 2823-2829 CR 0.4 - Commercial Residential Zone ZONING: EGLINTON AVE E (exception 686) EGLINTON AVE. E. Toronto, Ontario City approved Zoning Amendment Application NEARBY AMENDED with respect to 2787-2791 Eglinton Ave. E ZONING: allowing 4-storey stacked townhouses with 2787-2791 Eglinton Ave. E. floor space index of 1.85 Stacked Townhouses - Mattamy Homes EXISTING The Property is currently improved with a 9,600 IMPROVEMENTS: sq. ft. multi tenant commercial building LEASES: Subject to sale/demo clause GO TRANSIT ENVIRONMENTAL: Phase II available Between two GO Stations HOLDING INCOME: $142,000 (stabilized) PROPOSED EGLINTON E LRT ASKING PRICE: $5,750,000 3060 Eglinton Ave. E. Stacked Townhouses - Biddington Homes 2823-2829 Eglinton Ave. E., Toronto, ON OFFERING PROCESS PROPERTY RECORDS Potential purchasers that require access to the online document centre All offers should be delivered to: are to complete the Confidentiality Agreement and return it to: Danny Shvartsman* / [email protected] [email protected] *Sales Representative OFFER SUBMISSIONS CBRE Limited, Real Estate Brokerage The Vendor invites interested parties to submit an offer to purchase the 2005 Sheppard Ave. E. Property on the Vendor’s form of offer, to be provided by the Listing Suite 800 Agent to prospective buyers upon request. Toronto, ON M2J 5B4 ASKING PRICE: $5,750,000 SCARBOROUGH HIGH RISE DEVELOPMENT HOSPITAL 2655 LAWRENCE AVE E HIGH RISE DEVELOPMENT HIGH RISE DEVELOPMENT 1360 DANFORTH RD 253 MARKHAM RD EGLINTON TOWNHOUSE DEVELOPMENT 2791 EGLINTON AVE E TOWNHOUSE DEVELOPMENT 3310-3314 KINGSTON RD KENNEDY 2823-2829 EGLINTON AVE E Toronto, Ontario EGLINTON CROSSTOWN LRT CONTACT: Danny Shvartsman CBRE LIMITED Sales Representative 2005 Sheppard Ave. E. T +1 416 495 6204 Suite 800 [email protected] Toronto, ON M2J 5B4 www.cbre.ca Layout ID:P01 MapId:6779975 ALL OUTLINES ARE APPROXIMATE NOVEMBER 2019 | 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, 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 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 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 © 2019 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..
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