Queen Elizabeth Way
South Service Road
FOR SALE
DEVELOPMENT SITE 4216 SOUTH SERVICE ROAD, BURLINGTON, ONTARIO
Partnership. Performance.
POTENTIAL DEVELOPMENT OPPORTUNITY
• Very attractive 12.75 acre development site
• Located off the Queen Elizabeth Way creating excellent highway exposure and branding opportunities
• Zoned for a wide range of uses including office, industrial, hospitality, and retail
Joe Almeida*, SIOR, Principal Richard Chilcott†, Principal Jonathan Yuan† 905.283.2322 416.673.4053 416.673.4037 [email protected] [email protected] [email protected]
*Broker †Sales Representative 4216 South Service Road Burlington, Ontario
Executive Summary The Opportunity The Property: Avison Young has been retained to arrange for the offering and sale of 4216 South Service Address: 4216 South Service Road, Road, Burlington, Ontario (the “Property”). The Property is a 12.75 acre undeveloped site, Burlington, Ontario rectangular in shape, with excellent frontage facing the Queen Elizabeth Way. PIN: 070360068 Location Legal PT LT 8, CON 2 SOUTH OF The Property is located within an established office and industrial node in Burlington, Description: DUNDAS STREET, PART 1, 20R10514; BURLINGTON/ Ontario, at the centre of southern Ontario’s Golden Horseshoe Region. The Golden NELSON TW Horseshoe is an area spanning nearly 32,000 km2 with a population of approximately 9 million people, projected to reach 10.4 million in 2021. The area includes some of the largest Canadian municipalities including Toronto, Mississauga, Brampton and Hamilton. Site Size: 12.75 acres The Property is served by Highway 403, Highway 407 and the Queen Elizabeth Way, all of which are within a 5 minute drive. The Appleby GO Station is also within 5 minutes of the Property providing a transit connection to much of the Greater Toronto Area. Frontage: Burlington is a city of approximately 180,000 people with an economy supported by Approx. 550 ft on North Service Road various industrial sectors including electronics, motor vehicle/transportation, food processing, and pharmaceuticals. Some of their top employers include Cogeco Cable, Depth: EMC2 and Boehringer Ingelheim. Approx. 830 ft
Official Plan: Employment Lands
Zoning: BC1 - Business Corridor
2016 Final Realty Taxes: 4216 South Service Road $8,689.98
U.S.A.
The Golden Horseshoe
Downtown Burlington 4216 South Service Road Burlington, Ontario
Rail Lines Nearby Bus Routes Highway
Appleby
QEW Station
4216 South Service Road
Appleview Plaza
Appleby Mall
Lake Ontario
Zoning Description The Property falls under Employment Lands with The Burlington Official Plan and has the zoning designation of BC1 - Business Corridor. The zoning designation offers a wide range of permitted uses including: All Office Uses; Transportation Equipment Industries; Non-Metallic Mineral Production; Food Processing and Manufacturing; Metal Rolling, Casting and Extruding; Petro Chemical Laboratories; Metal, Wood, Paper, Plastic, Machine and Chemical Industries; Wholesale Trade; Pharmaceuticals & Medicines; Hotel; Convention Centre; Some Retail and Service Commercial Uses. Basic Zoning regulations for BC1 are:
Minimum Lot Area: 0.8 hectares (2 acres)
Minimum Lot Frontage: 60 m (197 ft)
Max Floor Area Index (Office): 0.5
Max Building Height: No Maximum 4216 South Service Road Burlington, Ontario
Queen Elizabeth Way
Pricing $12,750,000
Offering Process Prospective purchasers shall be advised when a formal bid date has been established. All expressions of interest should be directed toward the Avison Young listing team.
Avison Young Commercial Real Estate (Ontario) Inc., Brokerage 77 City Centre Drive, Suite 301 Mississauga, Ontario, Canada L5B 1M5 T 905.712.2100 F 905.712.2937
For more information, please contact the Avison Young listing team: avisonyoung.com Joe Almeida*, SIOR, Principal Richard Chilcott†, Principal avisonyoungcapitalmarkets.com 905.283.2322 416.673.4053 [email protected] [email protected] © 2016 Avison Young Commercial Real Estate (Ontario) Inc., Brokerage. All rights reserved. Jonathan Yuan† 416.673.4037 E. & O.E.: The information contained herein was obtained from sources which † we deem reliable and, while thought to be correct, is not guaranteed by [email protected] *Broker Sales Representative Avison Young.