ARTIST’S RENDERING Retail Shopping Centre Investment RESIDENTIAL MIXED-USE DEVELOPMENT OPPORTUNITY YONGE STREETSTEELES AVENUE WEST

The Offering

Distinctive Real Estate Advisors Inc., Brokerage (the “Broker”) has been exclusively retained by 2391347 Inc. (the “Seller”) to market for sale 100% Leasehold Interest in Yorkville North Shopping Centre: • 62,863 sq. ft. neighbourhood shopping centre situated on a 5.31 Acre (231,303.6 sq. ft.) site featuring 329.17 linear feet of frontage with the ingress/egress Traffic Light being owned by the Sellers of Yorkville North Shopping Centre; • 92% leased to a complementary list of banks, restaurants, fashion retails and Government service retailers; • Majority of Tenants have been in place for more than two of their preceding five-year lease terms; • Commercial Leases in place provide for demolition and relocation clauses; • Projected to generate in excess of $1.9MM in Scheduled Base Rental Revenue over the next 12 months; • 22-Year Land Lease runs from May, 2014 to May, 2036 with Leasehold owner having contracted Fixed Price Pur- chase Options to Purchase the Fee Simple Title, currently estimated to be below market; • Leasehold owner also holds a contracted First Right of Refusal to purchase the Fee Simple Title during the whole term of the lease; • As part of the Yonge-Steeles Secondary Plan, the City of is supporting intensification in the area that will enable the Yorkville North site to be redeveloped over the next few years to a total of ~1MM square feet of residential and commercial mixed use density offering Buyers/Investors/Developers with tremendous upside potential through redevelopment and intensification.

Yorkville North Shopping Centre possesses all of the attributes of an ideal retail location. It combines an exceptional traffic count (over 130,000 cars and 15 bus routes from 3 major public transit companies pass daily), great location and superb retail demographics resulting in excellent sales generated by the over 8 million shoppers annually drawn to the Yonge Steeles retail node. Future Residential Mixed-Use Development

YORKVILLE NORTH RETAIL — 1MM SF OF DEVELOPMENT POTENTIAL 100 West Proposed Master Plan - Site Plan Project: 23801 Revision Revision 02, Option 02 - Large Format Retailer in Block 01, Brownstones @ 4 Stys (+1) Date: May 05, 2017

Zoning Bylaw: City of Vaughan 1-88, January 2015 Edition

TOTAL DEVELOPMENT SUMMARY Total Above-Grade Residential GFA** Retail GFA** Combined GFA** Block Floor Area m2 ft2 m2 ft2 m2 ft2 m2 ft2 Block 01 44,403.8 477,959 40,427.4 435,157 2,188.3 23,555 43,169.2 464,670 Block 02 32,333.4 348,034 29,681.0 319,484 1,171.4 12,608 31,353.1 337,482 Block 03 6,894.4 74,211 6,103.4 65,696 0.0 0 6,103.4 65,696 Block 04 6,210.4 66,848 5,443.5 58,594 0.0 0 5,443.5 58,594 Block 05 2,872.4 30,918 2,728.8 29,372 0.0 0 2,728.8 29,372 Block 06 2,976.0 32,033 2,827.2 30,432 0.0 0 2,827.2 30,432 TOTAL DEVELOPMENT 95,690.4 1,030,003 87,211.3 938,734 3,359.7 36,163 91,625.1 986,245

** GFA in Vaughan is defined as Total Floor Area minus below-grade area and above-grade parking. GFA does not include deductions for shafts, services, mechanical penthouses, loading or residential amenity. Residential and commercial GFA follow the definition above and do not represent salable or leasable area.

City of Vaughan adopted the Yonge Steeles Corridor Secondary Plan that proposes the land use policies and urban design guidelines for future development in the area along Yonge and Steeles Avenue. With major public investments in infrastructure and public transit expected in the area, either in the form a Yonge subway extension or surface dedicated right-of-way transit, this Secondary Plan provides opportunities for intensification through the redevelopment of lands fronting and Steeles Avenue. Offering Process

Interested parties will be required to execute and return to the Listing Brokerage for Seller’s approval, the Seller’s form of Confidentiality Agreement (“CA”) prior to receiving the Confidential Information Memorandum (the “CIM”) or provided password access to the supplemental information available via a virtual or Electronic Data Room (“EDR”).

Investor presentations are being granted with members of the Seller’s professional team, by appointment only, and must be arranged through the Listing Brokerage, Distinctive Real Estate Advisors Inc. For more information, please contact:

DISTINCTIVE REAL ESTATE ADVISORS INC., Brokerage 2 St. Clair Avenue West, 18th Floor, , Ontario M4V 1L5 Phone: (416) 925-3140 | Fax: (416) 925-3149

Victoria L. Joly, Broker of Record Mobile: (416) 500-1238 [email protected]

Disclaimer: These statements are based upon information furnished by the principal and sources, which we deem reliable but for which we assume no responsibility. This submission is made subject to prior sale, change in price or terms, or withdrawal without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice. Legal counsel, accountants or other advisors should be consulted, if desired, on matters related to this presentation.