Colliers International 181 Bay Street, Ste 1400 Toronto, Ontario M5J 2V1 Main +1 416 777 2200 34 www.ColliersCanada.com Madison Avenue Table of Contents
Property Overview ...... 04 Investment Highlights ...... 06 Area Overview ...... 10 Floor Plans ...... 12 Photos ...... 14 Site Plan ...... 16 Offering Process ...... 18 34 Madison Avenue Toronto, Ontario
34 Madison Avenue is a detached 2.5 storey office building, with a side hall plan, constructed in 1895. The architecture of the building borrows elements from both the Romanesque and the British Queen Anne Style. The exterior includes red brick rusticated stone foundations and sill, a front facing gable with wood shingles, stone entry porch and semi-circular arches.
The building went through a large renovation from 2006 to 2009 that included a private elevator constructed at the back of the building. This 8,048 Sq. Ft. building includes custom solid wood baseboards, 6 gas fireplaces and 3 AC units. Original elements such as 12-ft ceilings and pocket doors contribute to the high-Victorian style that gives the Annex neighborhood its defining character.
Asking Price: $6,200,000 34 Madison Avenue Colliers International 4 Madison 5 Investment Highlights.
Address: 34 Madison Avenue
Legal PCL 4-1 SEC M79; LT 4 Description: PL M79 Toronto; City of Toronto
Site Area: 6,350 Sq. Ft.
Lot Size: 50’ x 127’
Building Size: 8,048 Sq. Ft.
Year Built: 1895
Renovations: Between 2006-2009
Parking: 8 Stalls
Zoning: 1.5 (C1.5; R1.0) SS2 (x2481)
Land Use: Commercial Residential
Official Plan: Mixed-Use Areas, Downtown Plan
Secondary Map 41, Downtown Plan: Plan
Taxes: $60,546.52 Annex The Colliers International 34 Madison Avenue
8 9 MA I A C A A I 34 MA I A A A I C I A A A 4 I C A A
A A A A A C A I A A I A A A MA
A M A MA I A I A A A A IC A A A C A I A A I A I C C C A IC CA A A A A A A C A C CI MA AA A A I A M A A I 3 3 M M C IC A M C I IM IM A IM A A MC A C A I A A C A I A A I AI A MA II I C A A M A CI C
BLOOR STREET WEST BLOOR STREET WEST BLOOR STREET WEST I I C
A I A I AC A A IC A MA I M M A A I AI A I C M A C C MM I I MI A A MA A IA C A M M A A A I C M IC C A A A A I A A I A I A A A A C C A AC I I AM C A C A I I I A I A M A I C M M
A I A e end M C A I IC AI M A A A CA and Spadina stations. Bathurst from south run services Streetcar east-west. as well as travel subway north-west both passengers allowing St. stations, interchange as act and stations George Spadina Spadina. and George St. stations: is well served by public transit, including 2 TTC subway Park (Ontario’s Provincial Governments Seat), the area Being health foodstores. of variety agrowing and financial, medical, legal, as such services professional of range wide a including find an assortment of some of the city’s best shopping Stretching for a kilometer down Bloor Street West you’ll and cafesservingcuisinefromaroundtheglobe. galleries, theatres and a large selection of restaurants art homes, old beautiful of blend a by surrounded is Uniquely situated in the centre of Toronto, The Annex Overview. Area closetotheUniversityofTorontoandQueen’s 11 34 Madison Avenue
Client: Colliers International 34 Madison Avenue Madison 34 13
Version: Prepared: 24/04/2019 FP1A Measured: 11/04/2019 STAIRS TO EXTERIOR ELECTRICAL STEP UP 34 Madison Avenue Toronto, Ontario Canada
MECHANICAL Basement
Basement: 2,115 sq ft
ELEV UP . ELECTRICAL
ELEC *Area determined according to: ANSI/BOMA Z65.3-2009
LAUNDRY STORAGE Lower Level MECHANICAL 2,115 Sq. Ft. UP
STEP UP WWR
Client: Colliers International SHOWER
This work product has been prepared by Extreme Measures Inc. pursuant to a contract with the Client for the sole benefit of and use by the Client. No third party may rely on this work product without the receipt of a reliance letter from Extreme Measures Inc.
Version: Prepared: 24/04/2019 0 4 8 FP1A Measured: 11/04/2019 RESTRICTED HEIGHT feet Tel: 1-877-963-2787 RESTRICTED HEIGHT Fax: 1-877-402-4690 ESCAPE DOOR [email protected] 34 Madisonwww Avenue.xmeasures.com Toronto, Ontario Canada
TERRACE
KITCHEN Floor 03
Floor 3: 1,700 sq ft ACCESS HATCH LAUNDRY DN ELEV DOOR
*Area determined according to:
RESTRICTED HEIGHT ANSI/BOMA Z65.3-2009 RESTRICTED HEIGHT
SHOWER 3rd Floor DN 1,700 Sq. Ft. RESTRICTED HEIGHT RESTRICTED HEIGHT
This work product has been prepared by Extreme Measures Inc. pursuant to a contract with the Client for the sole benefit of and use by the Client. No third party may rely on this work product without the receipt of a reliance letter from Extreme Measures Inc.
Client: Colliers International
0 4 8 feet Tel: 1-877-963-2787 Fax: 1-877-402-4690 [email protected] www.xmeasures.com
Version: Prepared: 24/04/2019 FP1A FIREPLACE Measured: 11/04/2019
34 Madison Avenue Toronto, Ontario Canada
Floor 02 TERRACE
Floor 2: 2,042 sq ft DN
ELEV UP
*Area determined according to: ANSI/BOMA Z65.3-2009 DN 2nd Floor WWR 2,042 Sq. Ft.
UP MWR
Client: Colliers International
FIREPLACE
This work product has been prepared by Extreme Measures Inc. pursuant to a contract with the Client for the sole benefit of and use by the Client. No third party may rely on this work product without the receipt of a reliance letter from Extreme Measures Inc.
Version: Prepared: 24/04/2019 0 4 8 FP1A Measured: 11/04/2019 FIREPLACE feet Tel: 1-877-963-2787 Fax: 1-877-402-4690 [email protected] 34www Madison.xmeasures. comAvenue Toronto, Ontario Canada
Floor 01
Basement EGA: 2,115 sq ft
DN Floor 1 EGA: 2,191 sq ft Floor 2 EGA: 2,042 sq ft
ELEV UP Floor 3 EGA: 1,700 sq ft Total Exterior Gross Area: 8,048 sq ft
*Area determined according to: ANSI/BOMA Z65.3-2009 UP UP 1st Floor 2,191 Sq. Ft. DN
This work product has been prepared by Extreme Measures Inc. pursuant to a contract with the Client
for the sole benefit of and use by the Client. No third
Total Area: 8,048 Sq. Ft. Total Area: Floor Plans. Floor party may rely on this work product without the receipt of a reliance letter from Extreme Measures Inc. Colliers International Colliers 12
0 4 8 feet Tel: 1-877-963-2787 Fax: 1-877-402-4690 [email protected] www.xmeasures.com Property Photos. Colliers International 34 Madison Avenue
14 15 Survey Plans. Colliers International 34 Madison Avenue
16 17 Offering Process
Offering Process Obligations of the Vendor The Vendor has retained Colliers International (the “Advisor”) on an The Vendor is not obligated to accept the highest bid or any exclusive basis to offer for sale 34 Madison Avenue (the “Property”). agreement, nor is it obligated to state any reason for accepting or The Vendor welcomes interested parties to submit an offer to declining any agreement, nor will it be obligated to pay any costs Purchase the Property on the Purchaser’s choice of forms to Colliers incurred in connection with the preparation of any agreement. The International at anytime. Following a review of the proposals, the Vendor will not be responsible for any damages alleged to have Vendor may elect to negotiate with a single Purchaser or select a been suffered by Prospective Purchasers due to the failure of the short-list of Purchasers. The Vendor may invite select Purchasers to Vendor to follow the procedures recommended herein. Contacts attend face-to-face meetings to discuss the Property and submitted offers in greater detail. Disclaimer The Purchaser with the most attractive terms will be selected to Neither the Vendor nor the Advisor, nor any of their respective negotiate a binding Agreement of Purchase and Sale. Purchasers affiliates, directors, officers, shareholders, employees, agents, Dominic Delapenha Associate Vice President are encouraged to complete as much pre-offer due diligence on the solicitors, accountants, Advisors or other representatives, makes any 416 643 3759 properties and information provided as the process and timeline representations, declarations or warranties, express or implied, as [email protected] permits. to the accuracy or completeness of the information or statements contained in this CIM, the Additional Information, or of any other Chris Luxton Senior Sales Representative Site Visits information given or statements made by any of them and such 416 791 7263 Property tours should be coordinated through Colliers International material, information, or statements should not be relied upon by [email protected] and will occur by private appointment. To arrange a tour, Prospective Prospective Purchasers without independent investigation and Purchasers should contact: verification. All material, information, or statements are provided as Michael Carew Sales Representative Chris Luxton a convenience to Prospective Purchasers only. 416 791 7265 416 791 7263 [email protected] [email protected] The Vendor, the Advisor and the irrespective affiliates, directors, officers, shareholders, employees, agents, solicitors, accountants, Nicole Douglas Sales Representative Sale Conditions Advisors and other representatives expressly disclaim any and all 416 791 7258 The Property and all fixtures, chattels and equipment included liability for any errors or omissions contained in the initial Property [email protected] are to be Purchased on an “as is, where is” basis and there is no Summary, the CIM or in the Additional Information or in any warranty, expressed or implied, as to title, description, condition, other oral or written communications given or made available to cost, size, merchantability, fitness for purpose, quantity or quality Prospective Purchasers. thereof. Any information related to the Property which has been or may be obtained from the Vendor, the Advisor or any other person, This CIM is not, and under no circumstances is it to be construed by a Prospective Purchaser, will have been provided solely for the to be, an offering of securities, a prospectus, a public offering or convenience of the Prospective Purchaser and will not be warranted an offering memorandum as defined under applicable securities to be accurate or complete and will not form part of the terms of an legislation. No securities commission or regulatory authority in Agreement of Purchase and Sale. Canada, the United States of America or any other country has in Due Diligence anyway passed judgment upon the merits of the opportunity to acquire the Property or the accuracy or adequacy of this CIM. Purchasers have been provided with due diligence materials regarding the Property. In addition, access for inspections and The Vendor and the Advisor reserve the right to withdraw, amend reviews will be granted in accordance with the Agreement. or replace all or any part of this CIM at any time and undertake Deposits no obligation to provide Prospective Purchasers with access to any additional information, including all or any of the Additional An initial deposit of no less than $250,000 shall be paid by certified Information. In all cases, Prospective Purchasers should conduct cheque to Colliers International in Trust, upon execution of a formal their own investigation and analysis of the Property. Any sale of Agreement of Purchase and Sale. A further deposit of no less than the Property will be subject to the terms of an accepted Offer to $250,000 by certified cheque shall be paid to Colliers International In Purchase, which will supersede all prior communications, including Trust, upon waiver of any Purchaser’s Conditions. this CIM. Colliers International 34 Madison Avenue 18 Information 19 Commercial 181 Bay Street, Suite 1400 Ownership Toronto, Ontario M5J 2T3 Advisory 416 - 777 -2200 Team www.collierscanada.com
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