For Sale: Development Land Gravenhurst Residential Development Draft Plan Approved for 105 Units on a Prime 20 Acre Site, Gravenhurst,

Discover the Opportunities. lennard.com Gravenhurst Residential Development A prime 20 acre residential draft plan approved development site is available for sale in Gravenhurst, Ontario. A revised draft plan is currently in for approval and minor zoning amendment. The plan contains 105 single lots.

Size Availability Listing Agent 20 acres TBD Peter DeGuerre* (partially farmed for fruits & vegetables) Senior Vice President Offered At 416.649.5903 Documents $3,500,000.00 [email protected] CA and related documents available in the Data Room Taxes (Annual) *Sales Representative $9,050.00 (2018)

Location & Nature of Site Available Services • 20 acres, mostly covered in trees and bush Water and sanitary services are adjacent • Adjacent to existing residential area in the northeast quadrant of Gravenhurst nestled to the property. Off-site servicing is between Lake Muskoka and Gull Lake, minutes to centre of town, Hwy. 11, great Golf required to the northwest corner of the courses and just south of Taboo Resort. site and sanitary access to the site is via • Soil tests show good building conditions with little or no rock and absence of a high a municipal easement. A portion of the water table. Soil is sandy. cost will be recoverable from the District of Muskoka. Proposed Development Intensification • Amend current draft plan to take advantage of Gravenhurst’s latest minimum residential lot zoning requirements to yield a total of 105 single family lots with flexible frontages to address market conditions and builder preferences. • The 105 lots anticipated consist of 60 11.0m (36’) and 61 12.2m (40’). • Lot depths average 32m-35m (105’-115’) with several having depths of +45.0m (148’).

1 lennard.com Gravenhurst Residential Development Purchase Price & Terms • Purchase price is $3,500,000 based on approximately $28,552.38/lot and 105 single lots. The final plan is now outlined. • Terms are flexible with seller prepared to offer a 3-yr VTB. A 30 day due diligence period is advisable. • All completed studies will be made available during due diligence.

Market Overview “MUS-040-Muskoka Sunset-03-Edit” by rcbrazier - Brazier Creative is licensed under CC BY-ND 2.0 Gravenhurst is primed for a well marketed, designed, and affordable community catering to the lifestyles of the retired or semi-retired consumer (“active adult”). This market will be a combination of local residents and residents of nearby communities including the GTA who want “newness”, easier maintenance, and smaller lots. Product could be about 75% bungalow and 25% 2-storey, in the 1000-2000 sq ft range. Bungalows could have standard or optional lofts as well as an optional finished basement package. “Wagon at Bethune Memorial House” by “MUS-303-Sunset Steamers-01” by rcbrazier - Consideration could be given to a raised bungalow design strategy. JLim02 is licensed under CC BY-ND 2.0 Brazier Creative is licensed under CC BY-ND 2.0 This is not a part time or recreational development; nor a condominium. For Gravenhurst, this development represents the first smaller lot approach to single detached housing. The contemporary homes should be very affordable for the active adult market place and enable the developer/builder to achieve a satisfactory level of house sales.

“Gravenhurst-2013-08-04-007” by pquan is licensed under CC BY-SA 2.0

Peter DeGuerre*, Senior Vice President 416.649.5903 • [email protected] 2 lennard.com *Sales Representative Gravenhurst Residential Development Property

Outline Aerial Catherine Street W Catherine Street E

Alexander Street Muskoka Beach Road Wellington Street Wellington

Evans Avenue E

Peter DeGuerre*, Senior Vice President 416.649.5903 • [email protected] 3 lennard.com *Sales Representative Gravenhurst Residential Development Draft Plan of Subdivision

Peter DeGuerre*, Senior Vice President 416.649.5903 • [email protected] 4 lennard.com *Sales Representative Gravenhurst Residential Development Photos of Subdivision Area

Peter DeGuerre*, Senior Vice President 416.649.5903 • [email protected] 5 lennard.com *Sales Representative Gravenhurst Residential Development The Gateway to Muskoka Gravenhurst was founded in 1887 and over the next 125 years it has expanded to become a vibrant community and a key tourism destination. It is located at the southern end of Ontario’s cottage country along HWY 11, a major transportation route that connects north and south Ontario. Gravenhurst offers the amenities of a larger community with the charm of a small town.

Gravenhurst Demographics Town of Gravenhurst Strategic Goals Build a Safer, Healthier Total Build Economic & & more Environmentally Population Employment Opportunities 12,311 1 2 Sustainable Community

Population Build Partnerships, Density Per Build Cultural Capital Connections & Connectivity Square km 23.8 3 4

Median Provide Better Age 52.5 5 Municipal Services Median Household Income 59,648

Peter DeGuerre*, Senior Vice President 416.649.5903 • [email protected] 6 Source: Statistics , 2016 Census; Town of Gravenhurst, gravenhurst.ca lennard.com *Sales Representative Gravenhurst Residential Development

Travel Times from Gravenhurst Huntsville Bracebridge 14 min (17.2 km) Huntsville 34 min (51.6 km) Orillia 30 min (39.3 km) Barrie 50 min (74.1 km) HWY 11 Muskoka Airport 10 min (9.1 km)

Bracebridge

Gravenhurst

Muskoka Airport

HWY 11

Orillia Gravenhurst

Subject Property

Barrie

Peter DeGuerre*, Senior Vice President 416.649.5903 • [email protected] 7 lennard.com *Sales Representative Gravenhurst Residential Development Gravenhurst Amenities Map

Carey’s Pub Pizza Station

Krystyna’s Unique Creations The Elephant’s Roksy’s Trunk Cafe

Bethune’s Bistro Old Mill Family Restaurant Rombos Family Restaurant Pizza One Muskoka Rickshaw Restaurant

Peter DeGuerre*, Senior Vice President 416.649.5903 • [email protected] 8 lennard.com *Sales Representative Gravenhurst Residential Development Gravenhurst Business Directory

!mpact Cafe Gravenhurst Opera House Only Zoey’s Inc. Terry’s Your Independent Grocer A Muskoka Tradition Gravenhurst Variety Pet Valu The Brick - Home Decor Anne’s Variety & Gift Growing With Giggles Childrens Petro-Canada The Glass Garden of Muskoka Artisan’s Gallery Store and Clothing Exchange PharmaSave The Gypsy Market Mews Auburn Gallery of Fine Art Gull Lake Variety Pioneer Handcraft Furniture The Mad Tailor Beer Store H&R Block Pizza One The Network Bethune’s Bistro Harvey’s/Swiss Chalet Pizza Pizza The Nook and Cranny of Blue Willow Tea Shop Hawkestone Soap Co. Pizza Station Muskoka Boston Pizza Kentucky Fried Chicken PolarDip Ice Cream Shoppe The Oar and Paddle Bowen Company Antiques KJ’s Albion Tavern Rickshaw Restaurant The Shipyards Bramblewood Studio Krystyna’s Unique Creations Riot Clothing Tim Hortons Canadian Tire LCBO Rombos Restaurant & Pizza TinMan General Store Carey’s Pub Lifestyle By Design Royal Bank Top Dog Pet Store China House Restaurant Linda Potts Studio Sawdust City Brewing Co. Triple Sick Skin Creative Plate Eatery Mark’s Scotiabank Ultramar Currie’s Music Antiques and McDonald’s Restaurant Scuba Shack Upholstery by Wendy Vintage MELODY’S Muskoka Ice Cream Shelridge Yarns Wayne’s Tire Discounter Dock of the Bay Mighty Mart Shining Waters Soap Co. Well Fed Dollarama Minds Alive Shoppers Drug Mart Wild Wing Restaurant Elephant’s Trunk Mr Sub Silver Pines Restaurant and Wine Not Footprints on Muskoka MuskoBilly’s Lakeside Tap and Resort Winewood Variety Frosty Pint Pub Grill Sobeys Wise Choice Sporting Goods Gadsby’s of Gravenhurst Muskoka Bay Clothing Subway Gem & Dia Jewellers Inc Muskoka Bay Pottery & Gallery Summerland General Store Giant Tiger Muskoka Bear Wear Surftek Surfboards Gina Denne Pottery Muskoka Computers Swift Canoe and Kayak Goodie’s Custom Creations Muskoka’s Pampered Pets Swuff Professional Pet Styling Gordo’s Goodies National Bank Tastebuds Ice Cream and Gravenhurst Home Hardware Old Mill Family Restaurant Poutinerie Gravenhurst IDA Pharmacy Oliver’s Coffee TD Canada Trust Gravenhurst Jug Town Once Upon a Cake Tea Beards

Peter DeGuerre*, Senior Vice President 416.649.5903 • [email protected] 9 lennard.com *Sales Representative Gravenhurst Residential Development

“IMG_1198_c” by glynnismorgan is licensed under CC BY-SA 2.0

Peter DeGuerre*, Senior Vice President 416.649.5903 • [email protected] 10 lennard.com *Sales Representative Peter DeGuerre*, Senior Vice President 416.649.5903 [email protected]

200-55 University Avenue, 416.649.5920 lennard.com

*Sales Representative Statements and information contained are based on the information furnished by principals and sources which we deem reliable but for which we can assume no responsibility. Lennard Commercial Realty, Brokerage 2019.