RETAIL INVESTMENT & DEVELOPMENT OPPORTUNITY 19 79 WESTON ROAD FOR SALE TORONTO, ONTARIO
• Former TD Canada Trust branch, now vacant • Approximately 4,000 sq.ft. of commercial space, plus over 2,100 sq.ft. of basement space • Site area approximately 0.25 Ac. (10,890 sq.ft.) • Commercial - Residential zoning • Mid-rise development potential
RICK BROWNRIDGE* LERON MITCHELL CBRE Limited, Real Estate Brokerage T 1 416 362 2244 Associate Vice President Sales Representative 145 King Street West, Suite 1100 F 1 416 362 8085 +1 416 815 2345 +1 647 943 3663 Toronto, ON M5H 1J8 www.cbre.ca [email protected] [email protected]
*Sales Representative TABLE OF CONTENTS
PROPERTY INVESTMENT LOCATION TRANSACTION PG03 PROFILE PG04 HIGHLIGHTS PG05 CONNECTIVITY PG06 PROCESS
// 1979 WESTON ROAD 02
PAGE PROPERTY PROFILE 1979 Weston Road
WESTON RD
1979 WESTON ROAD
Southeast corner of Weston Road and LOCATION Elsmere Ave with city-owned lane at the rear
SITE AREA 0.25 Ac. (10,890 sq.ft.)
WESTON ROAD FRONTAGE 66.00 ft. ELSMERE AVE ELSMERE ELSMERE AVENUE FRONTAGE 160.00 ft.
YEAR BUILT 1988
GROUND FLOOR AREA 4,045 sq.ft.
BASEMENT AREA 2,059 sq.ft.
PARKING STALLS 14
LEGAL DESCRIPTION Part 1 Plan 64R - 11689 PANTELIS KALAMARIS LANE Mixed Use Area - With an “Avenues” designation allowing OFFICIAL PLAN mid-rise development - Weston Road - 27 m right-of-way
CR2.5 (c2.5; r2.5) SS2 (x977) - A height limit of 24.0 metres or 8 storeys ZONING - Permits a maximum GFA as-of-right up to 2.5 x the site area - 27,000 sq. ft. Note: Measurements are approximate and should be verified by the purchaser
// 1979 WESTON ROAD 03 INVESTMENT HIGHLIGHTS
33 KING WEST 22
WESTON COMMUNITY CULTURAL HUB “A wave of revitalization in 1979 WESTON ROAD Weston Village” - Urbon Toronto
• Immediately east of 1979 Weston Road, West 22, a 30 storey, 370-unit rental apartment tower by the Rockport Group, ELSMERE AVE will be completed in early 2019 and is now pre-leasing units • The City of Toronto, Artscape and the Rockport Group are completing development of the Weston Community Cultural Hub in the podium of 33 King, an existing 26 storey rental building, WESTON RD to provide 8,500 square feet of creative programming space, 26 affordable live/work units plus about 12,400 square feet of outdoor community gathering space • 70 new TPA parking spaces will be available adjacent to the rear of 1979 Weston Road • The Weston GO / UP Express station is located two blocks to the south at Lawrence Avenue West
// 1979 WESTON ROAD 04 LOCATION CONNECTIVITY
DESTINATION MODE OF TRAVEL DISTANCE TIME
Bloor Go/UP Station UP Express 8.4 km 4 min
Hwy 401 Vehicle 2.0 km 6 min
Toronto Pearson Airport UP Express 9.0 km 11 min
Union Station UP Express 14.0 km 14 min
BATHURST ST 407 400 WILSON AVE401
427 1979 WESTON ROAD DUFFERIN ST CROSS TOWN LRT
LAWRENCE AVE
KITCHENER EGLINTON AVE W 409 BARRIE WESTON STATION
ISLINGTON AVE GO / UP 401 WESTON RD 1
427 YONGE ST SPADINA AVE
ST CLAIRE AVE W
PEARSON MARTIN GROVE RD 2 INTERNATIONAL AIRPORT BLOOR ST W
KEELE ST
MILTON
COLLEGE ST W BLOOR 401 427 STATION DUNDAS ST W TTC/GO/UP UNION STATION
// 1979 WESTON ROAD 05 TRANSACTION PROCESS
ASKING: $2,600,000
• Seller’s offer form must be used • Contact Listing Agents for dates and times for open houses and bid dates
1979 WESTON ROAD
WESTON RD
PANTELIS KALAMARIS LANE
ELSMERE AVE
RICK BROWNRIDGE* LERON MITCHELL Associate Vice President Sales Representative CBRE Limited, Real Estate Brokerage T 1 416 362 2244 +1 416 815 2345 +1 647 943 3663 145 King Street West, Suite 1100 F 1 416 362 8085 1979 Weston Road [email protected] [email protected] Toronto, ON M5H 1J8 www.cbre.ca Toronto, Ontario
*Sales Representative
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