SIGNIFICANT OPPORTUNITY FOR Residential Land

2149 COURTICE ROAD, , ON

PROPOSED Lake

COURTICE STATION BASELINE RD W TRULLS RD

BLOOR ST COURTICE RD

HANCOCK RD

LOCATED IN SOUTHEAST COURTICE SECONDARY PLAN AREA INVESTMENT HIGHLIGHTS THEOffering CBRE’s Land Services Group is pleased to offer for sale 2149 Courtice Road (the “Property” or “Site”) in Courtice within the Municipality of Clarington. Situated within the Southeast Courtice Secondary Plan, the Property provides a significant opportunity for designated residential land that allows for a variety HIGHLY ACCESSIBLE IDEAL DEMOGRAPHICS DESIGNATED FOR RESIDENTIAL of low, medium and higher density mixed-use development. Once built-out, the DEVELOPMENT Secondary Plan area will provide a new and well-connected complete community The Property is well positioned to capitalize on Within a 1km radius of the Site, in the Secondary The Site provides an opportunity for 69.6 net in Courtice that is pedestrian friendly with a series of parks and a network of convenient highway access for both Highway Plan area, the population is expected to increase acres, allowing for a variety of single detached, trails. In addition, the configuration of the Site with the natural heritage features 401 and 418. In addition, a future Courtice GO 15.8% by 2025. In addition, the average household townhouse units and some higher density, mixed- provides an opportunity for premium lots to be built. Station is proposed south of the Site along Courtice income is $128,5000, which is more than the use development, with a series of parks and natural Road, just north of Highway 401. total of Clarington’s (Sitewise, 2021). heritage features running throughout the Property. Demand for ground oriented product continues to rise throughout the outer GTA markets such as Courtice and . As per Altus RealNet, there are currently 7 active low density projects in Courtice, which are seeing strong absorption with significant interest occurring within the first months of opening. Most notably, the Kingsview Ridge project by Treasure Hill, which launched in February 2020, sold 65 of their 81 units (80%) in the first month of sales. The Courtice active developments have also been able to command strong end unit LAKE ONTARIO pricing, with 2021 year-to-date detached sales (40 units) achieving an average price of $930,000, and year-to-date townhouse sales (148 units) achieving an KINGSWAY VILLAGE GRANDVIEW STATION average price of $750,000. In the past 3 years, these projects have cumulatively SHOPPING CENTRE MCLAUGHLIN BAY WILDLIFE brought 545 units on-stream with only 60 remaining in inventory (RealNet, 2021). RESERVE Courtice provides small town charm with urban amenities, services and waterfront parks, providing a significant opportunity for future residents of the Property. DARLINGTON PROVINCIAL PARK

The Site is ideally located less than 2 minutes from Highway 401 and less than DR G J MACGILLIVRAY GLENABBEY PARK 3 minutes to the interchange at Highway 2 and Highway 418, providing quick PUBLIC SCHOOL and convenient travel from the Property. In addition, in February 2020 Metrolinx endorsed the GO Train extension east, which proposes a Courtice GO Station PRESTONVALE RD to be located south of the Property along Courtice Road, just north of Highway BASELINE RD W AVONDALE PARK 401. The preferred route is currently being reviewed by Metrolinx.

PROPERTY INFORMATION TRULLS RD HOLY TRINITY C. S. S. GOOD SHEPHERD C. E. S.

PIN 266020586 Total Area 98.4 acres Developable Area 69.6 acres (staked top of bank December 2018). Frontage COURTICE RD 2,351 ft. along Bloor Street and 844 ft. Courtice Road (non-contiguous)

Official Plan Low Density Residential; Medium Density Regional (Southeast Corridor; High Density/ Mixed Use; Neighbourhood Park; Courtice Environmental Protection Area; Stormwater Management Secondary Plan) Facility

Zoning Agricultural BLOOR ST The house located at 2149 Courtice Road is listed on Clarington’s Heritage Registry as having potential heritage HANCOCK RD Existing value. Any development proposal will have to complete Conditions a Heritage Impact Assessment to the satisfaction of the municipality. As part of the Secondary Plan process, a Functional Servicing Study was completed for the area and WSP, who is the Servicing group’s engineer, has draft concept plans of how the area will be connected through stormwater, water and sanitary. Please see document centre for more information. PLANNING AND UXBRIDGEGATE CONCEPT PLAN MAY 2021 Land Use CONCEPT PLAN (2021) STATUS The Property is ideally situated within the Southeast Courtice Secondary Plan and is designated for a variety of low, medium and high density residential uses, including some mixed-use. The Secondary Plan wasHighway adopted 2 by Council on December 7, 2020 and is now with the Region of Durham for final approval. The Region’s LOW DENSITY RESIDENTIAL approval is expected Summer 2021.

There is a landownersNP group for the area and a Cost Sharing Agreement (CSA) has been executed by the group, which a purchaser will be obligated to join. There is also an Affordable Housing Agreement, EA Agreement and Durham-Seaton Agreement for the entire Secondary Plan. Copies of these Agreements can be made available through contact with the Southeast Courtice Landowners Group Sandringham Drive during due diligence. EXISTING HOUSE HANCOCK ROAD ABOUT THE DEVELOPMENT POTENTIAL Highway 2 P Based on the current land use map, the vendor has drafted a concept plan for the Property highlighting the different designations and uses for the Site. The NP concept plan shows that the Property is designated for 46.0 acres of Low Density Residential, 11.1 acres of Medium Density Regional Corridor, 4.5 acres of High 4 Sandringham Drive

Density/ Mixed Use, a 3.7 acre park and 4.3 acres for a proposed Stormwater COURTICE ROAD Management Pond. Within the High Density/Mixed Use the goal is to have retail P and service commercial uses on the ground floor to enhance the pedestrian realm. As such, the Site provides an NPexciting opportunity for a large tract of development land, providing future residents with a variety of natural heritage features and 4 parkland connecting the neighbourhoods within. NP P Meadowglade Road P

Farmington Drive Meadowglade Road Trulls Road Trulls LAND USE MAP Granville Drive Farmington Drive Trulls Road Trulls

COURTICE ROAD Granville Drive

NP NP P P NP 4 HANCOCK ROAD NP BLOORBLOOR STREET STREET 4 NP

NP NPType Net Acres Approximate # of Units1 LEGEND P 1:1000 Low Density Residential (detached, 46.02 230-460 semi-detached and townhouse units) Bloor Street Wetland NP Medium Density Regional Corridor COURTICE ROAD (apartment buildings, townhouse and 11.1 266 P stacked townhouse units) NP NP Dripline 4 P High DensityHancock Road Mixed Use (apartment 4.5 216 buildings) Courtice Road T.O.B BLOOR STREET Bloor Street Proposed SWM 4.3 Legend 4 Elementary School SECSP Boundary Stormwater Management Facilities (SWF)* Proposed Park 3.7 High Density/Mixed Use Environmental Protection Area Schedule A – Land Use Medium Density Residential Environmental Constraints - Southeast Courtice Secondary Plan - NP NP 1Based on miniumum and maximum density targets as per the Low Density Residential Watercourse 712-942 4 Total 69.6 2 Note: *Final SWF locations to be determined by Robinson Tooley Subwatershed Study / Landowners P NP Secondary Plan | Including roads Neighbourhood Park Prominent Intersections **Area subject to further environmental study P Parkette Environmental Study Area** Hancock Road Courtice Road

Legend 4 Elementary School SECSP Boundary Stormwater Management Facilities (SWF)* _ High Density/Mixed Use Environmental Protection Area Schedule A – Land Use Medium Density Residential Environmental Constraints - Southeast Courtice Secondary Plan - Low Density Residential Watercourse NP Note: *Final SWF locations to be determined by Robinson Tooley Subwatershed Study / Landowners Neighbourhood Park Prominent Intersections **Area subject to further environmental study P Parkette Environmental Study Area**

_ NEARBY Source: triphobo.com LOW AND MEDIUM DENSITY DEVELOPMENTS Units Sold Size Range Development Type Opening Occupancy Total Units Price Range $/sq. ft. Amenities (%) (sq. ft.) Fields of Harmony by Link (T 30') 3/15/2021 10/1/2022 44 20 (45%) 1,805 to 2,300 $834,900 to $884,900 $385 to $463 A Greycrest Homes Townhouse (WS 20') 2/20/2021 7/1/2022 49 39 (80%) 1,544 to 2,050 $598,990 to $699,991 $338 to $392 B Kingsview Ridge by RETAIL Treasure Hill Townhouse (WS 18') 2/20/2021 7/1/2022 32 26 (81%) 1,544 to 2,049 $598,990 to $699,990 $338 to $391 Source:Source: buytopia.ca tripadvisor.com Source: .com 1 M&M Food Market Detached (WS 36') 11/4/2020 4/1/2022 24 (37 TBR) 24 (100%) 1,830 to 2,561 $938,990 to $1,030,990 $396 to $524 Homeward Hills by Detached (WS 32') 11/4/2020 4/1/2022 29 (11 TBR) 29 (100%) 1,578 to 2,348 $870,990 to $949,990 $395 to $557 2 Food Basics C Sorbara Townhouse (WS 20') 11/4/2020 4/1/2022 73 (75 TBR) 59 (81%) 1,445 to 1,923 $749,990 to $818,990 $356 to $470 3 FreshCo King & Townline Townhouse (BtB 20') 11/4/2020 4/1/2022 72 (32 TBR) 70 (97%) 1,322 to 1,445 $605,990 to $634,990 $377 to $477 4 Walmart Grocery Pickup Detached (T 50') 11/7/2020 8/1/2021 3 2 (67%) 1,600 to 1,703 $889,990 to $969,990 $556 to $570 D Merivale by Woodland Homes Townhouse (WS 41') 11/7/2020 8/1/2021 1 (6 TBR) 1 (100%) 2,236 $899,990 $398 5 Loblaws Millwood Trails by Detached (T 40') 6/27/2020 5/1/2022 14 (1 TBR) 14 (100%) 2,508 to 2,919 $839,990 to $940,990 $306 to $351 C E 6 Mark’s Delpark Homes Detached (T 37') 6/27/2020 5/1/2022 26 (1 TBR) 26 (100%) 2,254 to 2,503 $809,990 to $856,990 $304 to $361

RECREATIONAL Symphony Towns by Townhouse (WS 18') 6/1/2019 4/1/2022 49 (10 TBR) 49 (100%) 1,544 to 2,049 $729,990 to $798,990 $389 to $474 A F Marlin Spring Townhouse (WS 14') 6/1/2019 4/1/2022 92 91 (99%) 1,610 to 2,038 $642,990 to $748,990 $323 to $406 7 Harmony Creek Golf Centre Ltd Total Towns by Sun- 8 Par2Ace Golf G dance Homes and Townhouse (RL 16') 11/3/2018 2/1/2022 37 (1 TBR) 35 (95%) 1,433 to 1,779 $547,990 to $844,900 $382 to $475 Homes by Initial 9 Pebblestone Golf Course G Source: RealNet, 2021 10 Avondale Park

11 Alan Strike Aquatic and Squash Centre

12 McLaughlin Bay Wildlife Reserve 9 ARTS & CULTURE

13 Canadian Automotive Museum

14 Museum

15 Clarington Museums and Archives 11 15 B 8 INSTITUTIONAL 2 4 6 3 5 16 Holy Trinity C. S. S. 10 1 20 D 19 17 Dr G J MacGillivray Public School 16 18 SUBJECT PROPERTY 18 John XXIII Catholic School

19 Lydia Trull Public School F 13 17 20 Dr. Emily Stowe Public School 7 PROPOSED Darlington Provincial Park 3 MIN DRIVE TO E Source: Reddit.com COURTICE HIGHWAY 418 STATION

2 MIN DRIVE TO 12 HIGHWAY 401

8 MIN DRIVE TO HIGHWAY 407 14 Oshawa Golf And Curling Club Mclaughlin Bay Wildlife Reserve LAKE ONTARIO Source: TripAdvisor.ca Source: TripHobo.com

© 2021 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced.

Layout ID:L03 MapId:8120903 OFFERING Process DOCUMENT CENTRE CONFIDENTIALITY AGREEMENT OFFER SUBMISSIONS • Survey Potential purchasers that require access to the All offers are requested to be submitted to • Archaeological Report Document Centre must complete a CA and RFQ the attention of: • Phase 1 ESA and return it to: Lauren White | [email protected] • Geotechnical Report [email protected] • Concept Plan • Servicing Plans CBRE Limited OFFERS DUE WEDNESDAY JULY 14, 2021 BY 12 PM (EST). 2005 Sheppard Ave E. Suite 800, Toronto, ON M2J 5B4

BLOOR ST

COURTICE RD

HANCOCK RD RD HANCOCK HANCOCK

Lauren White* Mike Czestochowski** Emelie Rowe* Evan Stewart Senior Vice President Executive Vice President Planner Sales Representative T +1 416 495 6223 T +1 416 495 6257 T +1 416 495 6306 T +1 416 495 6205 [email protected] [email protected] [email protected] [email protected]

*Sales Representative **Broker | All outlines are approximate. This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limita- tion, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and com- pleteness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE.CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document www.cbre.ca/mclsg are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services [email protected]; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth 04/2020. Laura Malaka Executive Assistant to Mike Czestochowski 416 495 6314 [email protected] [email protected] CONFIDENTIALITY AGREEMENT 2149 COURTICE ROAD · CLARINGTON, ON The undersigned hereby acknowledges that CBRE Limited (“CBRE”); through the Land Services Group, has been retained by the vendor on an exclusive basis to arrange the sale of 2149 Courtice Road, Clarington, On (the “Property”). All inquiries and communications with respect to the Property shall be directed to any of the listing agents of CBRE. We have requested from the vendor and CBRE, information, including confidential and proprietary information, which has not been generally disclosed to the public, for use in evaluating a potential purchase of the Property.

In exchange for good and valuable consideration provided by the vendor and CBRE, the receipt and sufficiency of which is hereby acknowledged, we agree to keep confidential any and all information supplied to us concerning the Property that is not a matter of public record and not to utilize any such information for our own benefit (or for the benefit of anyone else) other than for the evaluation of theroperty P with respect to a potential purchase.

We understand that we may transmit any such information to partners, officers, directors, employees or legal or financial advisors (collectively, “representatives”) but only to the extent that they need to know such information for the purpose of such evaluation. We undertake to inform such representatives of the confidential nature of such information and that they will be bound by the terms of this Agreement. We agree to be responsible for any breach of this Agreement by our representatives. We agree that any legal, financial or any other third party advisors that are retained by us, to act on our behalf, will be compensated by us. This shall include outside brokers.

We understand that upon the vendor’s request we will provide all pertinent financials of the company looking to purchase the above-mentioned property to the vendor in a timely manner and that these statements will only be used for the purpose of determining the financial feasibility for this transaction.

We agree to read and examine all material provided by the vendor on the above-mentioned property and will do so prior to submitting an Agreement of Purchase and Sale or Letter of Intent.

We agree to return all documentation provided herewith, and any notes or copies made thereof if we decide not to pursue or complete this opportunity. We also agree not to use the information provided in any way detrimental to the vendor (or any parties assisting the vendor), either before or after cessation of our pursuit of property purchase. The provisions of this Agreement are binding on our successors or assigns.

We acknowledge that the marketing package and the other information being delivered to us with respect to the Property is subject to the limitations on liability and disclaimers for the protection of the vendor and CBRE contained in the marketing package.

We agree to indemnify and save harmless the vendor and CBRE from any claims, losses, damages and liabilities whatsoever (including legal fees on a substantial indemnity basis and disbursements) arising out of a breach by us or any of our representatives of any of the terms or other provisions of this Agreement. CBRE and the Vendor also reserve the right not to release information.

We agree to continue to work through the Land Services Group at CBRE Limited for the above-mentioned property including offers within 12 months after the expiration of the Listing Period, so long as we wish to make any offer within said time-frame and we were introduced to the Property during the listing period or shown the Property during the listing period, which we have acknowledged by signing below.

We agree that any signage CBRE has installed on the Property shall remain for a period of 6 months after the closing period.

We agree that any and all communication with regards to this property shall be done so through CBRE. We agree and/or our representative will not at any tiee contact the vendor directly.

In the event we are the purchasers of this property, we agree to allow CBRE the right to market the purchase price after closing.

CBRE and the vendor shall not be responsible for the payment of brokerage or other fees to any outside agents or consultants in connection with this offering. CBRE is exclusively representing the vendor and will not act on behalf of any potential purchasers. With the execution of this Confidentiality Agreement, the undersigned acknowledges that they are undertaking this investigation of the Property at their sole risk and expense and that under no circumstances will any amounts expended by the undersigned for its due diligence investigation or review be paid or reimbursed by the vendor or CBRE. A digitally submitted or a scan of a signed copy of this Agreement shall be deemed to be an original signed copy.

THE SECTION BELOW MUST BE COMPLETED AND SUBMITTED TO [email protected] IN ORDER TO RECEIVE THE DUE DILIGENCE PACKAGE

(I possess the authority to legally bind the Corporation)

† PROPONENT NAME: REPRESENTATIVE:

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The button above can be ADDITIONAL EMAIL: DATE: clicked to submit the CA electronically using the Adobe Reader application, ADDITIONAL PHONE #: SIGNATURE: once the required fields have been filled.

† OR DATE: Please indicate if you would like a follow up call or meeting: Please print, complete, sign and scan an email copy to † CALL: MEETING: PRIMARY SIGNATURE: [email protected].

†REQUIRED FIELDS. **Broker, *Sales Representative This disclaimer shall apply to CBRE Limited, Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE.