COMMERCIAL PORTFOLIO EAST

12 BUILDINGS + VACANT LAND 92% 19.3 LEASED TOTAL ACRES

294, 143 sf 266 GLA UNITS

MIXEDUSE PORTFOLIO INVESTMENT SUMMARY THE OPPORTUNITY The East Commercial Portfolio (the “Portfolio”, the “Properties”) comprises six properties in the former Municipality of Scarborough, including industrial, retail and office, along with a vacant parcel of development land. Concentrated in two high-growth nodes, at Sheppard Avenue East and McCowan Road, and at Midland Avenue and East, the Portfolio 3280-3300 Midland Ave. provides an extremely rare opportunity for potential investors to aggregate approximately 294,000 sf, distributed across 19.3 acres, situated along major commercial corridors and within diverse residential neighbourhoods in the eastern part of the City of Toronto.

50-70 Silver Star Blvd. 1085 Bellamy Rd. N.

3300 Midland Ave. 4820-4830 Sheppard Ave. E.

3300 Midland Ave. 4800-4810 Sheppard Ave. E. The Portfolio includes a rarely available combination of income UNIQUE producing industrial, retail and office assets occupied by a diverse tenant base, along with a ready to be developed vacant land parcel, ASSET providing an exceptional opportunity for a buyer to acquire a dominant ownership position, all within a 5.0km radius. The proximity and MIX physical clustering of the assets not only delivers management and operational synergies, but also allows for tremendous development opportunities over the long term.

POPULATION INCOME DEVELOPMENT LOCATION • Diverse, Young Population • Diverse Tenant Mix • High-Growth Nodes • Mixed-Use Urban Nodes • Strong Chinese & South • Smooth Lease Rollover • 19.3 Urban Acres in Total • Transit Orientated, High Asian Cohort Traffic Locations • Historically Loyal • 3.92 Acres Shovel Tenancy Ready

PORTFOLIO SUMMARY The six-property Portfolio is 92% occupied and includes a total of 19.3 acres improved with 294,000 sf of existing buildings, a summary of which is provided below:

4800-4810 4820-4830 3280-3300 50-70 Silver 3266 Midland 1085 Bellamy Property Sheppard Ave. E. Sheppard Ave. E. Midland Ave. Star Blvd. Ave. Rd. N.

Retail/ Retail Retail/Office/ Use Retail Retail/Office Vacant Land Industrial Warehousing Industrial No. of Storeys One One One-Two One - One-Two Leaseable 62,534 19,797 73,626 100,915 - 37,271 Area (SF) No. of Units 52 29 59 87 - 39 Year Built 1982 1998 1986 1984 - 1981 Site Area (Acres) 3.49 1.55 3.36 5.29 3.92 1.72 Zoning (Former City of M, MDC M, MDC ME ME ME, MS M, MDC Scarborough) 13.75 ft Clear Height 15 ft 13 ft 13 ft 13 ft - (rear units) Surface 314 356 150 - 102 Parking DIVERSE TENANT ROSTER The Portfolio is 92% occupied by a diverse tenant roster, which utilizes the space for a wide range of light warehouse, showroom, retail, service, restaurant and office uses. Portfolio tenants comprise a mix of well-known national and regional groups, along with numerous established local businesses and operators, catering to the ethnically diverse local communities. Several of the existing tenants have been in occupancy for 20- plus years, many of which are operators that enjoy the historically consistent daily traffic drawn to the centres. Notable tenants include Tim Horton’s, Service , Ten-Ichi Japanese, Babu, Mona’s Roti, Optical Thirty8 and Korean Grill House. Portfolio Use Categories by NRA PORTFOLIO TENANTS BY TYPE

Retail/Service25% 25%

41%Industrial 41%

Restaurant 18%18%

Office 16%16% Industrial Office Restaurant Retail/Service HIGH PROFILE COMMERCIAL NODES The Portfolio is concentrated in two established commercial areas in Scarborough, occupying high profile locations with excellent exposure to pedestrian and vehicular traffic, while representing destination centres for local area residents. The Sheppard-McCowan node is situated 2.0km from in the Agincourt-Malvern neighbourhood, while the Midland-Finch node is situated 4.0km to the north, close to the intersection of Finch Avenue East and Kennedy Road. One of the properties of the Portfolio, 1085 Bellamy Road North, is situated in a rapidly intensifying mixed-use neighbourhood, just to the east of Scarborough Town Centre. The Portfolio is scheduled to benefit from enhanced higher-order public transit services. The Ontario Government’s $8.4 billion commitment through Metrolinx will deliver a new LRT to Sheppard Avenue East, connecting the Don Mills subway station to eastern Scarborough. This will further connect the subject neighbourhoods to the Greater Toronto Area and attract significant commercial and residential intensification. Agincourt GO station, situated less than 2.8km from the Sheppard Avenue East and Midland Avenue assets, provides excellent connectivity, together with the local Toronto Transit Commission (TTC) bus routes. The scheduled subway extension into the Scarborough Town Centre has expanded developer interest in the area, including Bellamy Road, with several larger mixed-use developments being contemplated.

Tapscott Rd 50, 70 Silver Star Blvd Midland Ave Morningside Ave 3280, 3290, 3300 Midland Ave 3266 Midland Ave

Finch Ave East Kennedy Rd

Birchmount Rd 4800, 4810 Sheppard Ave East Nugget Ave 4820, 4830 Sheppard Ave East

Pharmacy Ave Sheppard Ave East

Agincourt Milner Ave 404 Warden Ave

Victoria Park Ave 1085 Bellamy Rd. N. Huntingwood Dr

Orton Park Rd Future Sheppard East LRT Scarborough Club Rd Ellesmere Rd

Bellamy Rd North

NEW

SUBWAY Markham Rd STOP Brimley Rd 401 McCowan Rd SCARBOROUGH

Lawrence Ave East York Mills Rd

Don Mills Rd

4810 Sheppard Ave. E. 1085 Bellamy Rd. N. 50 Silver Star Blvd. Eglinton Ave East LAKE Kingston Rd ONTARIO FREE & CLEAR The Properties may be considered free and clear of any existing financing, enabling a prospective COMMERCIAL PORTFOLIO EAST purchaser or purchasers to take advantage of low interest rates and maximize leveraged returns on the investment.

12 OFFERING PROCESS BUILDINGS Interested parties will be required to execute and submit the Vendor’s form of Confidentiality + Agreement prior to receiving detailed information about the Properties. Additionally, interested VACANT parties will be invited to submit a Letter of Intent (LOI) for the Property or Properties to be LAND acquired, on a specific date that will be communicated by the Advisor at least fourteen (14) days 92% in advance. 19.3 LEASED All inquiries regarding the Properties should be directed to: TOTAL ACRES

294, 143 sf Matt Picken* Bryce Gibson* GLA 416.304.6020 416.238.9785 266 [email protected] [email protected] UNITS

Elliot Medoff* Euan Darling* 416.238.9768 416.238.9961 [email protected] [email protected]

*Sales Representative

MIXEDUSE PORTFOLIO INVESTMENT SUMMARY

JONES LANG LASALLE REAL ESTATE SERVICES INC. Bay Adelaide East, 22 Adelaide St. W., Suite 2600 Toronto, ON M5H 4E3 tel +1 416 304 6000 fax +1 416 304 6001 www.joneslanglasalle.ca