National InvestmentTeam &Land ServicesGroup SOLD

The Bay and Wellesley Lands enjoys a prominent position in To request a copy of the Confidential Information Toronto’s Downtown Core residential node in close proximity Memorandum please contact Karissa Jones at: to the Yonge-Wellesley TTC Subway station. The combination CBRE Limited of abundant amenities, shopping, parks, schools and access to both the Financial Core and Bloor-Yorkville area make the 145 King Street West, Suite 600 Property’s location one of the most desirable in the Greater Toronto, ON M5H 1J8 Bay & Wellesley Lands Toronto Area. T 416 362 2244 This offering provides a developer with access to significant F 416 362 8085 in-place development density, positioned in one of the highest priced condo nodes in the City. Toronto’s Downtown For more information please contact: Core boasts one of the most aggressive new condominium :: Peter D. Senst* :: Casey T. Gallagher* absorption ratios in the entire Greater Toronto Area with Executive Vice President Vice President active projects achieving over 70% unit sales in an average T 416 815 2355 T 416 815 2398 of under 8 months. [email protected] [email protected] All inquiries regarding the Property or any information contained in this Marketing Flyer should be directed to CBRE :: Mike Czestochowski** :: Lauren Doughty* Limited, exclusive listing agent. Senior Vice President Sales Associate T 416 495 6257 T 416 495 6223 [email protected] [email protected]

www.cbre.ca/nit-toronto www.cbre.ca/mclsg

** 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 The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. Infrastructure CBRE Limited (“CBRE” or “Advisor”) has been retained on an exclusive basis by Her Majesty the Queen in right of Ontario as represented by the Minister of Infrastructure, as represented by Ontario Infrastructure PRROOPERERTYTY DETTAIA LS and Lands Corporation (“IO” or “Vendor”) to arrange the sale of an SiS tee Sizzee: ApA prp oxox. 900,440000 SF (~(~2.2 0077 acrcreses) outstandingR development & R Developmentopportunity situated at 11 and 25Lands Wellesley @ North Toronto FrF ono taagege: 33330 feeete (WeWelll eessleley StStreeetet Wese t)t) Street WestTORONTO, and 14, 16, 20 ON and 26 Breadalbane Street in (herein referred to as “Bay & Wellesley Lands”, the “Property” DeD pth:h 33330 feeete (WeW lllesesleley StSt W to BrBreadaalbbanane StSt) or the “Site”). This offering is exceptionally well-located on the south ExExistit ngng Usese: UnUnddevveloloppeedNationalCoCommmmere Investmentcic all/R/ ese idd Teamene tiala S it tTORONTOe side of Wellesley Street West and strategically positioned between the NoN dede: DoDowwnntotownw Coro e Yonge and Bay arterials in Downtown Toronto. Innteersrsecectionon: BaBay SStreeete & Welleeslsleyy Sttreeet Westst Highlights of this offering include: Sizeable Zoned Development Offering, Well- Configured for High-Rise Development • Site size of approximately 90,400 SF (~2.01 acres) allows a broad variety of development options; • Abundant space to adequately phase multiple high-rise towers; • Significant development activity nearby with high-rise residential condominiumSOLD towers ranging from 40 to 60 storeys; • Approved in-place zoning is 3.5 times site density; approved for a total gross floor area of approximately 319,210 SF (approximately 290,100 SF is allocated for residential density) Downtown Core: Toronto’s Most Dynamic and Active Condominium Node: • Best-in-class location in close proximity to the Wellesley Subway station in Toronto’s Downtown Core; • Premier residential destination centrally positioned between both the Financial Core, Canada’s financial hub and Bloor-Yorkville; • Some of the most aggressive and iconic condominium develop- ment projects including U Condominiums, Aura at and Five are currently being completed nearby with minimal land product remaining; • Extremely robust condominium activity with nearly 9,000 unit sales in 15 projects; • Average pricing per square foot is in excess of $832 (May-2012) making it one of the highest priced condo nodes in the City. A Full Fleet of City Amenities • A multitude of cultural events and attractions throughout the City as well as at the Property’s doorstep; • Yonge-Dundas Square is Toronto’s busiest intersection and the heart of retail activity for the City; • World-class amenities and attractions nearby including the , Yonge-Dundas Square, Nathan Phillip’s Square and the newly completed Loblaw’s at ; • Other nearby attractions include the , the Art Gallery of Ontario, the University of Toronto and the newly completed Royal Conservatory of Music; • Close proximity to the University of Toronto, Ryerson University, and George Brown College; • The neighbourhood is home to community centres, notable parks (including and Allen Gardens), bars, restaurants and high-end retailers who cater to the residents within the community. National InvestmentTeam &Land ServicesGroup TORONTO

The Bay and Wellesley Lands enjoys a prominent position in To request a copy of the Confidential Information Toronto’s Downtown Core residential node in close proximity Memorandum please contact Kristal Shea at: to the Yonge-Wellesley TTC Subway station. The combination CBRE Limited of abundant amenities, shopping, parks, schools and access to both the Financial Core and Bloor-Yorkville area make the 145 King Street West, Suite 600 Property’s location one of the most desirable in the Greater Toronto, ON M5H 1J8 Bay & Wellesley Lands Toronto Area. T 416 362 2244 This offering provides a developer with access to significant F 416 362 8085 in-place development density, positioned in one of the highest priced condo nodes in the City. Toronto’s Downtown For more information please contact: Core boasts one of the most aggressive new condominium :: Peter D. Senst* :: Casey T. Gallagher* absorption ratios in the entire Greater Toronto Area with Executive Vice President Vice President active projects achieving over 70% unit sales in an average T 416 815 2355 T 416 815 2398 of under 8 months. [email protected] [email protected] All inquiries regarding the Property or any information contained in this Marketing Flyer should be directed to CBRE :: Mike Czestochowski** :: Lauren White* Limited, exclusive listing agent. Executive Vice President Senior Vice President T 416 495 6257 416 495 6223 [email protected] [email protected]

www.cbre.ca/nit-toronto www.cbre.ca/mclsg

** 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. Infrastructure Ontario