For Sale Elliot Medoff* 2308 East Senior Vice President +1 416 238 9768 , ON [email protected]

Euan Darling* The Opportunity Assistant Vice President Jones Lang LaSalle Real Estate Services Inc. (“JLL” and/or the “Advisor”) has been +1 416 238 9961 retained on an exclusive basis to offer for sale 2308 Queen Street East, Toronto (the [email protected]

“Property” and/or “2308 Queen St East”). The Property represents a unique opportunity Vasudevan Sadasivan * to acquire a 100% freehold interest in a two (2) storey retail storefront in Toronto’s Sales Representative highly coveted Neighbourhood. Recently vacated and cleared back to the + 1 647 466 2883 [email protected] brick and beam sub-structure, the Property provides investors and users with a blank canvas to complete a mixed-use development with a short-term project timeline. *Sales Representative N Property Details Prestigious ‘Beaches’ Location

The Property is located in the east end of Toronto’s Beaches neighbourhood, one of the GTA’s most affluent and vibrant locales. ‘The Beaches’, bordered by to the north, Coxwell Avenue to the west, to the east and Lake to the south, is one of Toronto’s most sought-after residential neighborhoods. The surrounding neighborhoods here are dominated by up-scale detached housing, which are primarily served by commercial uses on Queen Street East. This strip of Queen Street East has long been an established retail node with a variety of buildings occupied by restaurants, bars, cafés, clothing stores, and service providers. Other nearby amenities include Ashbridge’s Bay Park, Kew Gardens Park, and to the west, and the to the east. The Property is less than a block east of the Queen Street East streetcar and bus stop at Silver Birch Avenue, which frequently services the area, and connects commuters to Queen Station west at or to the north at . The Property is also approximately 2.7km from the Danforth GO Station to the north. Access to the , and Kingston Road are all within a short drive fromw the Property. The property is a blank canvas/shell space. Approximately 920 square feet of Main floor and basement commercial space along with Approximately 620 square feet second floor and exterior deck residential makes it a perfect owner-user or investor opportunity. To drive value through the renovation of the property. Multiple entry points to the commercial and residential space is a value add. The property comes Queen Street East with one surface parking with a potential to add a second parking stall at the rear of the Property. Salient Facts Building Area: 1,538 s.f. Lot Area: 2,330 s.f. Frontage: 29.5 ft. Depth: 79 ft. Zoning: MCR T2.0, C1.0, R2.0 Parking 1 Surface Stall Official Plan: Mixed Use Area Year Built: 1920 Asking Price: $975,000 Highlights • Blank canvas for near-term renovation works • Attractive brick & beam structure with multiple design concepts • Prominent exposure within Toronto’s Beaches neighbourhood • Laneway access and private parking on-site Exterior Rear View

Main Floor Main Floor

Second Floor Second Floor Offering Process

JLL has been exclusively retained by the Vendor to seek proposals to acquire the Properties. The Property is offered for sale at a price of $975,000 on an as-is, where-is basis, free and clear of debt. The Vendor’s objective is to maximize sale proceeds while preference will be given to offers with limited conditionality and timely closing. All inquiries regarding the Property should be directed to::

Elliot Medoff* Euan Darling* Vasudevan Sadasivan* Senior Vice President Assistant Vice President Sales Representative Capital Markets Capital Markets Capital Markets + 1 416 238 9768 + 1 416 238 9961 + 1 647 466 2883 [email protected] [email protected] [email protected] * Sales Representative

Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the Property without express or implied warranties of any kind. The Property may be withdrawn without notice. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. ©2019. Jones Lang LaSalle. All rights reserved.