TABLE OF CONTENTS
01 The Offering
02 Investment Highlights
03 Location Overview
04 Market Overview
05 Property Overview
06 Financial Overview
07 Offering Process THE OFFERING
CBRE Limited (“CBRE”) is pleased to offer for sale a 100% freehold interest in 110 – 112 Avenue Road (the “Property” or the “Site”), an irreplaceable and highly distinguished asset located steps from the affluent neighbouhood of Yorkville, Canada’s most exciting and dynamic fashion retail submarket. Occupying the northwest corner of Avenue Road and Tranby Avenue, the Property features ~50 feet of prime frontage providing exposure along Avenue Road resulting in unmatched consumer traffic. The Property provides an investor with the opportunity to acquire one of the very few uniquely striking exposed brick assets located steps from Yorkville, one of the most prosperous neighbourhoods in Canada with unrivaled demographic characteristics.
4 | 110 & 112 Avenue Road CBRE Limited | 5 INVESTMENT HIGHLIGHTS
Prime opportunity to acquire a landmark building situated in Canada’s most prestigious neighbourhood
110 – 112 Avenue Road occupies a highly-renowned position situated steps from Yorkville, Canada’s most prominent neighbourhood. The property’s specific position featuring a highly visible corner location off of Avenue Road results in unmatched consumer traffic – an invaluable asset for retail tenants.
Exceptional market fundamentals for retail and residential uses Yorkville is world-renowned for its luxury shopping with sub-5% retail vacancy and among the highest net rents in Canada. As Canada’s most affluent neighbourhood Yorkville features an eclectic mix of luxury shopping, designer boutiques, distinguished restaurants, cafes, and art galleries in conjunction with its highly sought after multi-residential market all of which lead to a diverse consumer base.
Highly attractive and striking Victorian building The Property features exceptional physical characteristics including exposed brick from its original construction in 1890, one of the few unique landmark assets for purchase in Toronto. The Property is highly attractive to small and medium sized firms seeking the many benefits of a prominent location in a prosperous neighbourhood drawing from the surrounding base of highly educated and affluent residents.
Available free and clear financing The Property is being offered free and clear of existing financing allowing an investor the opportunity to take advantage of current historic financing rates to maximize returns.
6 | 110 & 112 Avenue Road CBRE Limited | 7 LOCATION
OVERVIEW YONGELINE UNIVERSITY AND
110 – 112 Avenue Road occupies a marquee position along the northwest corner of Avenue Road and Tranby Avenue situated steps from the westerly boundary of Yorkville, Toronto’s most affluent and preeminent mixed-use neighbourhood. E
Immediately south of the Property is Yorkville Village, a distinguished variety of contemporary brands and unique boutiques in a vibrant and beautifully designed environment B anchored by Whole Foods and Equinox Fitness Club. Travelling further towards Bloor Street is the prominent neighbourhood of Yorkville, world renowned for its luxury BLOOR STREET BLOOR-DANFORTH LINE high-end shopping and tourist appeal also featuring a burgeoning condominium market. Stretching along the YORKVILLE AVENUE entire Bloor-Yorkville submarket are world renowned high-
CL B BUS ROAD AVENUE 5 end fashion retailers including Holt Renfrew, Louis Vuitton, CL B Tiffany & Co, Gucci, Chanel, Brooks Brothers, and Prada.
Further to the high end collection of institutional fashion retailers, Yorkville is also comprised of an eclectic mix of designer boutiques carrying the latest fashion trends to high end galleries and antique shops highlighting its diverse and unique locational characteristics. As such, market rental rates reflect a premium in this surrounding neighbourhood and in particular along Bloor Avenue with BEDFORD ROAD rental rates being the highest along this strip in Canada. TRANBY AVENUE
In addition to enormousness retail and shopping variety, AVENUE ROAD AVENUE Yorkville is renowned for hosting Toronto’s most high-end and highly proclaimed restaurants including Cibo Wine Bar, 6 BAY BUS STK Toronto, Buca Osteria & Bar, La Société, Planta, and HAZELTON AVENUE Kasa Moto. The Yorkville neighourhood continuously draws from a wide consumer base given its proximity to countless amenities that generate significant daily pedestrian volumes. The Property’s exemplary locational characteristics provides Toronto residents not only an invigorating retail experience but also an environment where families and young professionals DAVENPORT ROAD can live and work given countless amenities and its proximity to the Financial Core.
8 | 110 & 112 Avenue Road YONGELINE UNIVERSITY AND