For Sale Development Site 4455 North Service Road
Queen Elizabeth Way North Service Road Appleby Line
FOR SALE
DEVELOPMENT SITE 4455 NORTH SERVICE ROAD, BURLINGTON, ONTARIO
Partnership. Performance.
POTENTIAL DEVELOPMENT OPPORTUNITY
• Rare opportunity to acquire a 6.6 acre development site with prominent frontage on the Queen Elizabeth Way
• Located in an established business park setting with strong tenancy mix
• Zoned for a wide range of uses including office, industrial, hospitality, and retail
Joe Almeida*, SIOR, Principal Richard Chilcott†, Principal Jonathan Yuan† 905.283.2322 416.673.4053 416.673.4037 [email protected] [email protected] [email protected]
*Broker †Sales Representative 4455 North Service Road Burlington, Ontario
Executive Summary The Opportunity The Property: Avison Young has been retained to arrange for the offering and sale of 4455 North Address: 4455 North Service Road, Service Road, Burlington, Ontario (the “Property”). The Property is a 6.6 acre (to be Burlington, Ontario severed) undeveloped site, rectangular in shape, with excellent frontage facing the Queen Elizabeth Way. PIN: To be severed Legal To be severed Location Description: The Property is located within an established office and industrial node in Burlington, Ontario, at the centre of southern Ontario’s Golden Horseshoe Region. The Golden Site Size: Horseshoe is an area spanning nearly 32,000 km2 with a population of approximately 6.6 acres 9 million people, projected to reach 10.4 million in 2021. The area includes some of the largest Canadian municipalities including Toronto, Mississauga, Brampton and Hamilton. Frontage: The Property is served by Highway 403, Highway 407 and the Queen Elizabeth Way, all of Approx. 310 ft on North Service Road which are within a 5 minute drive. The Appleby GO Station is also within 5 minutes of the Property providing a transit connection to much of the Greater Toronto Area. Depth: Burlington is a city of approximately 180,000 people with an economy supported by various industrial sectors including electronics, motor vehicle/transportation, food Approx. 920 ft processing, and pharmaceuticals. Some of their top employers include Cogeco Cable, EMC2 and Boehringer Ingelheim. Official Plan: Employment Lands
Zoning: BC1 - Business Corridor & GE1 - General Employment
2016 Final Realty Taxes: 4455 North Service Road To be severed
U.S.A.
The Golden Horseshoe
Downtown Burlington 4455 North Service Road Burlington, Ontario
Rail Lines Nearby Bus Routes Millcroft Golf Club Highway
4455 North Service Road Appleby
Station
Appleview Plaza QEW
Appleby Mall
Lake Ontario
Zoning Description The Property falls under Employment Lands within The Burlington Official Plan and has the zoning designation of BC1 - Business Corridor and GE1 - General Employment. The zoning designations offer a wide range of permitted uses including: All Office Uses; Transportation Equipment Industries; Non-Metallic Mineral Production; Food Processing and Manufacturing; Pharmaceuticals & Medicines; Convention Centre; Some Retail and Service Commercial Uses. 4455 North Service Road 4455 North Service Road Burlington, Ontario
Appleby Line 4455 North Service Road
Queen Elizabeth Way
Pricing $6,600,000
Offering Process All expressions of interest should be directed toward the Avison Young listing team.
Avison Young Commercial Real Estate (Ontario) Inc., Brokerage 77 City Centre Drive, Suite 301 Mississauga, Ontario, Canada L5B 1M5 T 905.712.2100 F 905.712.2937
For more information, please contact the Avison Young listing team: avisonyoung.com Joe Almeida*, SIOR, Principal Richard Chilcott†, Principal avisonyoungcapitalmarkets.com 905.283.2322 416.673.4053 [email protected] [email protected] © 2017 Avison Young Commercial Real Estate (Ontario) Inc., Brokerage. All rights reserved. Jonathan Yuan† 416.673.4037 E. & O.E.: The information contained herein was obtained from sources which † we deem reliable and, while thought to be correct, is not guaranteed by [email protected] *Broker Sales Representative Avison Young.