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INVESTMENT SUMMARY UNPARALLELED CONNECTIVITY Proximity to TTC subway stations is one of the most sought-after characteristics of new multi-residential development in the urban landscape, and the Property is ideally situated between the Donlands and Greenwood stations, offering unparalleled connectivity across the GTA. The Property’s central location on Danforth Avenue allows for connection to Yonge & Bloor within 12 minutes, the nearby Danforth GO station at Main Street within 10 minutes, and Union Station within 25 minutes.

POSITIVE MARKET CONDITIONS The Property is coming to the market at an ideal time for buyers, allowing them to take advantage of a zoned urban multi- residential development site near transit during a period of positive market conditions. Sales dynamics continue to be positive for newly constructed residential projects, and the slowing of new project openings throughout 2018, as well as a healthy demand for units in well-located nodes, continues to drive pricing. The Property is well-positioned to take advantage of what is likely to be historically low new supply in the surrounding markets through 2019-2020.

DESIRABLE RESIDENTIAL LOCATION Situated between the dynamic residential markets of , Blake-Jones, and Greenwood-Coxwell, the Property’s location DEVELOPMENT SNAPSHOT allows for a potential purchaser to deliver a transformational mixed-use project to the immediate area and set precedent for similar developments going forward. The development proposed for the Property lends itself to the young families and urban professionals demographics who have recently been priced out of many traditional low-rise residential markets in the immediate area and are seeking a more affordable alternative.

DOWNTOWN CORE 11,517 SF 4.87 X 8 54,155 SF 53 SITE AREA FLOOR SPACE INDEX STOREYS PROPOSED GROSS FLOOR RESIDENTIAL UNITS (FSI) AREA (GFA) + MECHANICAL 10 MIN. DRIVE TO 25 YONGE & BLOOR PORTLANDS MIN. DRIVE TO STATION THE OPPORTUNITY DOWNTOWN 1030 Danforth Avenue, (the “Property”) represents an opportunity to acquire a 100% freehold interest in a mixed- CORE WITHROW PARK use development site offering a total land area of 11,517 square feet (“sf”), or 0.264-acres, and 109 feet of uninterrupted BLAKE-JONES GREEKTOWN frontage on Danforth Avenue, located steps from the TTC’s Donlands subway station, and adjacent to Toronto’s Greektown neighbourhood. JONES AVENUE The Vendor submitted a zoning amendment application on February 24, 2015 for an eight-storey mixed-use development 13 with at-grade commercial uses, 41 below-grade parking stalls and approximately 54,155 sf of gross floor area (“GFA”). The MIN. DRIVE TO application was approved, as proposed with only minor changes, on September 20, 2016. THE BEACHES INVESTMENT HIGHLIGHTS DEWHURST BLVD.

CLEAR PATH TO DEVELOPMENT Commencing with the original zoning amendment application in February 2015, the Vendor took significant steps to negotiate with City Planning and neighbourhood representatives on appropriate height and density, receiving final approval in September 2016. The Property was successfully approved based on an eight (8) storey design, offering approximately DONLANDS 54,000 sf of total GFA, a development that is well suited for the streetscape in the immediate area. DONLANDS AVENUE LOCAL AREA TRANSFORMATION

While historical higher-density development in the area has been concentrated along Queen St. E., developers have now 106 FT begun to turn their attention to the Danforth due to its excellent transit connectivity and proximity to unique amenities and 2 services, in addition to the lack of available product within comparable neighbourhoods. The Danforth is poised for rapid MIN. DRIVE TO DANFORTH AVENUE 1030 transformation and intensification in the local streetscape in the near future, with planning policies targeting mid-to-high GREENWOOD 109 FT DANFORTH AVENUE rise development centering around TTC subway stations. STATION ADDRESS 1030 Danforth Avenue GREEKTOWN

SITE AREA 0.264 acres (11,517 sf) DONLANDS

LOT DIMENSIONS Frontage: 109 ft DANFORTH AVENUE Depth: 106 ft 1030 DANFORTH AVENUE OFFICIAL PLAN Mixed Use Areas

FREE & CLEAR Free and clear of existing financing, providing an opportunity to secure new first mortgage financing at near historically low interest rates. OFFERING PROCESS Jones Lang LaSalle Real Estate Services Inc. (the “Advisor”) 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. Additionally, interested parties will be invited to submit a Letter of Intent on a specific date that will be communicated by the Advisor at least fourteen (14) days in advance. 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

All inquiries regarding the Property should be directed to JLL Capital Markets:

Elliot Medoff * Euan Darling * Senior Vice President Assistant Vice President + 1 416 238 9768 + 1 416 238 9961 [email protected] [email protected]

Nick Aspros * Michael Botting * Senior Vice President Associate + 1 416 391 6956 + 1 416 238 9829 [email protected] [email protected]

* Sales Representative