For Sale 2939-2943 Bloor Street West Toronto, On

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For Sale 2939-2943 Bloor Street West Toronto, On FOR SALE 2939-2943 BLOOR STREET WEST TORONTO, ON INVESTMENT PROPERTY AND/OR RESIDENTIAL REDEVELOPMENT OPPORTUNITY Acquire a 9,315 SF site with an 11,000 SF income producing building and/or residential redevelopment, located east of Royal York Road. 2939-2943 BLOOR STREET WEST A rare opportunity to acquire 11,000 SF building with 74 feet of Bloor Street frontage opposite the Royal York TTC Subway Station. HIGHTLIGHTS DETAILS • Four retail storefronts that are fully leased BUILDING SIZE 11,000 SF (approximate) • 5 apartments, 1 office BLOOR ST. FRONTAGE 74 FT • Rear lane access DEPTH 120 FT • Steps from the Royal York Subway station OFFICAL PLAN Mixed use areas • Opposite public parking ZONING AV - as per planning report • Prestigious neighborhood CURRENT NOI $124,000/annum • Close proximity to the Gardiner Expressway, QEW STABILIZED NOI $319,000/annum and Highway 427 ASKING PRICE $5.95 million • Excellent holding income - contact listing agent DEVELOPMENT OPPORTUNITY Cushman & Wakefield has engaged Dales Consulting who has prepared a preliminary massing concept based on the City of Toronto’s Mid-Rise Building Guidelines. The Massing Concept shows a nine-storey building, with retail uses at grade, and eight-storey of residential above. The preliminary Gross Floor Area development yield is approximately Appendix 5 – Preliinary Massing Concept for 2939‐2943 Bloor St.51,380 SF subject W. to Development applications and review by City Planning. Grenview Blvd S Bloor Street West BLOOR ST - PERSPECTIVE VIEW CONCEPTUAL DESIGN Grenview Blvd S 2939 BLOOR STREET Bloor Street West TORONTO 12 JULY 2017 Bloor Street West Road Wendover Grenview Blvd S SOUTH WEST AXONOMETRIC VIEW CONCEPTUAL DESIGN Jackson Avenue Willingdon Boulevard ROYAL YORK 2939 BLOOR STREET SUBWAY TORONTO 12 JULY 2017 Grenview Boulevard North Bloor Street West Elsfield Road Grenview Boulevard South 2939-2943 BLOOR STREET WEST, TORONTO OFFERING GUIDELINES • Cushman and Wakefield ULC. the (“Advisor”) has been retained to be exclusive Advisor for the disposition of 2939-2943 Bloor Street West, Toronto. • Following execution of a Confidentiality Agreement, prospective purchasers will be provided with access to an online secure data room which includes a planning review, environmental study and rent roll. • Offers are to be delivered to Cushman & Wakefield’s Downtown Office (Attn. Philip Traikos) on an as received basis. The Vendor is under no obligation to accept any offer. PHILIP TRAIKOS* Senior Vice President Cushman & Wakefield ULC, Brokerage Investment Sales 161 Bay Street, Suite 1500 416 359 2455 Toronto, ON M5J 2S1 [email protected] cushmanwakefield.com No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. Cushman & Wakefield ULC, Brokerage *Sales Representative .
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