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Live-Work Investment Opportunity 1 Roof Garden Lane, Toronto, ON

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Live-Work Investment Opportunity 1 Roof Garden Lane, Toronto, ON Live-Work Investment Opportunity 1 Roof Garden Lane, Toronto, ON Virtual Tour Price: $6,500,000 Investment Summary ■ 7,500 sf live-work building located in a popular Bloor West area of Toronto ■ Great location close to Bloor Street West, between Ossington Avenue and Douvercourt Road ■ Attractively and professionally renovated to a very high standard internally, and includes a stunning rooftop patio overlooking downtown ■ Easy access by public transit via nearby Ossington subway station ■ Neighbouring triplex at 43 Northumberland Street available for sale Kelly Avison, AACI Jesse Fragale, MBA Principal, Broker Vice President, Sales Representative 416 673 4030 416.895.1422 [email protected] [email protected] 1 Roof Garden Lane, Toronto, ON The Opportunity Avison Young Capital Markets Group has been retained by on an exclusive basis to advise on the sale of 1 Property Details Roof Garden Lane, Toronto, Ontario (the “Property”). Building Area 7,500 sf The offering presents the opportunity to acquire a 7,500 sf live-work building that has been extensively Storeys 2 and professionally renovated to an extremely high standard, and includes a stunning rooftop patio Occupancy Vacant overlooking downtown, and on-site parking. Lot Dimensions 50 ft x 80 ft The Property is located north of Bloor Street West and one block west of the Ossington subway station. Parking 2 stalls The area benefits from numerous amenities including Official Plan Neighbourhoods parks and green space such as Christie Pits, Brickford Park and Dovercourt Park. As well the Property is only Zoning Mixed-use Commercial/Residential 700m from Dufferin Mall and 1km from Galleria Mall MCR T3.0 C1.0 R2.5 which will be the future site of eight residential towers Price $6,500,000 between 19 and 35 storeys to be completed by 2030. DOVERCOURT RD DOVERCOURT DONTON TORONTO CHRISTIE STATION CHRISTIE PITS PARK 1 ROOF GARDEN LANE OSSINGTON STATION DUFFERIN ST BLOOR ST W OSSINGTON AVE DUFFERIN STATION Adjoining Property In addition to 1 Roof Garden Lane, the owner is also selling its adjoining property located at 43 Northumberland Street - a three unit apartment building. NORTHUMBERLAND ST Further details can be obtained from the Listing Agents. Committee of Adjustment Variance The owner previously utilized the building as a place of residence and for their business (“live- work”). In October 2020 the owner obtained a final and binding decision from the City of Toronto’s Committee of Adjustment (“Variance”) to further permit the building to be converted back to and utilized for purely commercial/offices uses if desired. Subject to obtaining necessary permits and meeting other conditions, this Variance permits interior alternations to the property including constructing a rooftop elevator vestibule, and provides for an easement along the rear of the property (43 Northumberland Street) to allow for emergency DOVERCOURT RD DOVERCOURT ingress/egress, etc. Site Survey Easement Floor Plans 1st Floor 2nd Floor Roof Note: the floor plans may not reflect recent changes to the building Offering Details A date/timeline for considering offers will be communicated at a later date. The owner will consider selling 1 Roof Garden Lane and 43 Northumberland Street together or individually*. * Note: for an individual sale, the Owner wants to ensure 1 Roof Garden Lane is sold/confirmed prior to selling 43 Northumberland Road For more information please contact: Kelly Avison, AACI Jesse Fragale, MBA Principal, Broker Vice President, Sales Representative 416 673 4030 416.895.1422 [email protected] [email protected] Avison Young Commercial Real Estate Services, LP, Brokerage 18 York Street, Toronto, ON M5J 2T8 Phone: 416.955.0000 Fax: 416.955.0724 Information contained herein was obtained from sources deemed reliable and, while thought to be correct, have not been verified. Avison Young does not guarantee the accuracy or completeness of the information presented, nor assumes any responsibility or liability for any errors or omissions therein. ©2021 Avison Young Commercial Real Estate Services, LP.
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