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Investment Opportunity 1 Duncan Mill Road / Toronto, On LESMILL ROAD INVESTMENT OPPORTUNITY 1 DUNCAN MILL ROAD / TORONTO, ON Office Building for Sale 85% LEASED DUNCAN MILL ROAD JANET LEITCH* 416 268 5687 [email protected] OFFICE BUILDING FOR SALE 1 DUNCAN MILL ROAD, TORONTO PROPERTY DETAILS Building Size: 57,397 SF Land Area: 3.58 Acres Zoning: Mo(6) Taxes: $269,561 (est. 2020) 3 Tenants Tenancy: 1 Vacant Suite of approximately 8,500 SF Net Income: $878,895/year Parking: 189 Surface Spaces Asking Price: Contact Listing Agent INVESTOR OPPORTUNITY 1 Duncan Mill Road offers investors the opportunity to Up to Date Due Diligence Materials are available in own a single storey office building in the prestigious Data Room: node of York Mills Road and in the heart of Don Mills that is 85% leased. • Phase 1 & 2 ESA • Floor Plans The Property is superbly situated on the south east • Survey corner of Duncan Mill Road and Lesmill Road, with • Conceptual Development Plans for a second a TTC bus stop directly in front and minutes from multi-storey office building Highways 401 and the Don Valley Parkway. • Tax Bill • Summary of Leases The maximum site coverage of 150%; provides an • Lease Documents opportunity for additional density to be built. Accelerating success. OFFICE BUILDING FOR SALE 1 DUNCAN MILL ROAD, TORONTO AREA OVERVIEW M • Prestigious Toronto address in Leslie Station affluent St. Andrews/Windfields neighbourhood Bessarion Station SHEPPARD AVE EAST Don Mills Station M • TTC transit stop at the front door M • Easy access to Highways 401 and the Don Valley Parkway 401 • Short drive to downtown Toronto Oriole Station • 5 minute walk to the Betty Sutherland Lesmill Road Trail Park & the Duncan Mill Greenbelt Duncan Mill Road • Premier shopping areas, restaurants LESLIE STREET Subject and cafes nearby Property • Minutes away from the Toronto Botanical Gardens, Ontario Science YORK MILLS ROAD Centre and the Aga Khan Museum DON MILLS ROAD DRIVE TIMES DVP 2 Minute Drive Highway 401 & DVP 5 Minute Drive BANBURY ROAD Oriole GO Station, Shops at Don Mills LAWRENCE AVE EAST TRANSIT LEGEND 8 Minute Drive Sheppard Subway Line Fairview Shopping Centre, Future Eglinton LRT Bayview Village, York Mills Station, Don Mills Station Richmond GO Line 51 Leslie Bus 25 Don Mills Bus Minute Drive 20 95 York Mills Bus Pearson Airport, Billy Bishop Airport, Downtown Toronto 122 Graydon Hall Bus EGLINTON AVE EAST Source: Google Maps Accelerating success. OFFICE BUILDING FOR SALE 1 DUNCAN MILL ROAD, TORONTO AREA DEVELOPMENTS 1 CLOUD CAMPUS & THE GARDEN SUITES 1 Duncan Mill Road (Phase II) 401 • Conceptual Drawings for New Building • Approx 100,000 SF Class A Office Tower with above ground parking structure 4 LESLIE STREET 3 2 EDUCATIONAL /REC DEVELOPMENT 1 2 150 Lesmill Road (Existing) • Completed 7 • 135,473 SF / 2.21 Acres 5 6 • Industrial conversion to multi-tenant, educational & YORK MILLS8 ROAD recreational 9 DON MILLS ROAD 3 CALL CENTRE CONVERSION TO PUROLATOR TERMINAL 80-100 Valleybrook Drive (Existing) 10 DVP • 110,000 SF • Conversion of call centre to Purolator terminal 4 INDUSTRIAL TO SELF STORAGE 150 Duncan Mill (Proposed) 8 LIBERTY RETAIL DEVELOPMENT • Conversion of single storey industrial to self storage 865 York Mills Road (Existing) • Awaiting Site Plan Approval • Completed • 160,000 SF / 8.45 Acres 5 SMARTCENTRES RETAIL • Industrial conversion to retail 840-842 York Mills Road (Proposed) • Phase 1 submission undergoing review 9 OFFICE TO SELF STORAGE • 14.060 Acres 1450 Don Mills Road (Proposed) • Industrial redevelopment to 320,000 SF retail plaza • Conversion of old National Post building to self storage anchored by Walmart • Site Plan submitted, under review 6 DYMON SELF STORAGE 10 LEED GOLD FLEX OFFICE 850-858 York Mills Road (Proposed) 31 Scarsdale Road (Existing) • Self Storage • Completed • Office/Retail • 41,563 SF / 1.81 Acres • Approx. 607,000 SF GFA proposed • Industrial conversion to office 7 PRINCE HOTEL RE-DEVELOPMENT 900 York Mills Road (Proposed) • 123,912 SF Mixed Use development proposed • Residential, office, hotel, retail and other commercial uses Accelerating success. OFFICE BUILDING FOR SALE 1 DUNCAN MILL ROAD, TORONTO AREA AMENITIES Oriole Station 401 Subject Lesmill RoadProperty Duncan Mill Road GAS STATIONS & COFFEE SHOPS 1 Esso 2 Tim Hortons 1 3 Petro Canada 2 4 Second Cup 1 2 3 5 7 5 Tim Hortons 4 5 1 5 6 Starbucks 2 3 4 7 8 7 Tim Hortons 3 6 6 8 8 Petro Canada 4 6 GROCERY SHOPPING & BANKS 1 CIBC 2 Shopper’s Drug Mart/BMO 3 TD Canada Trust 4 Longo’s 5 LCBO DVP 6 RBC 7 Galleria Supermarket 8 TD Canada Trust 9 Metro FOOD & DRINK 1 The Keg 7 2 The Goose Pub 8 3 St. Louis Bar & Grill 9 10 4 Harveys/Swiss Chalet 5 The Burger’s Priest 6 Cora Breakfast 9 7 Five Guys 8 Fox & Fiddle 9 Jack Astor’s 10 JOEY Don Mills Accelerating success. OFFICE BUILDING FOR SALE 1 DUNCAN MILL ROAD, TORONTO ZONING / PERMITTED USES Industrial Office Business Park (MO) • Adult Education School • Gasoline Station • Personal Service Shop • Artist Studio • Health Science Research • Place Of Worship • Car Rental Agency Laboratory • Public Library • College • Hotel • Research Laboratory • Commercial Gallery • Industrial Sales And Service • Restaurant • Commercial School • Laundry • Retail Store • Communications & Broadcasting • Manufacturing • Service Shop • Community Centre • Museum • Service Station • Day Nursery • Office Uses • Showroom • Financial Institution • Outdoor Cafe • Theatre • Fitness Centre • Park • University Uses Accelerating success. OFFICE BUILDING FOR SALE 1 DUNCAN MILL ROAD, TORONTO SITE PLAN LEGEND Available Area: Approximately 8,500 SF Leased Area Common Area Common Mechanical Area Accelerating success. OFFICE BUILDING FOR SALE 1 DUNCAN MILL ROAD, TORONTO PROPERTY SURVEY Accelerating success. OFFICE BUILDING FOR SALE 1 DUNCAN MILL ROAD TORONTO, ONTARIO The Offer Process Colliers International has been exclusively retained to seek proposals to acquire the Property. Interested parties will be required to execute and submit the Vendor’s form of Confidentiality Agreement prior to receiving detailed information about the Property. Interested parties are invited to submit a Letter of Intent at their convenience. The Property is offered for sale on an unpriced basis and free and clear of financing. The Vendor’s objective is to maximize the sale price (at a market cap rate, based on the building being 100% leased). Preference will be given to offers with limited (or no) conditions and a timely closing. For more information contact: COLLIERS INTERNATIONAL JANET LEITCH SENIOR VICE PRESIDENT 245 Yorkland Blvd., 200 Sales Representative Toronto, ON M2J 4W9 P: +1 416 268 5687 416 777 2200 [email protected] This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2019. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Inc., Brokerage *Sales Representative .
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