402, 404, 408 Roncesvalles Avenue For Sale Euan Darling* , ON Senior Associate +1 416 238 9961 Urban GTA Investment Offering [email protected] Located at the southwest corner of the intersection of Roncesvalles Avenue and Howard Park Elliot Medoff* Avenue, 402, 404 & 408 Roncesvalles Avenue (the “Properties”) represents a rare opportunity Vice President to acquire a streetfront retail assembly within one of Toronto’s most highly coveted urban +1 416 238 9768 markets. Encompassed by new mid-rise residential developments and a diverse and growing [email protected] retail landscape, the Properties provide for access to one of the last available corner properties *Sales Representative in the area. With three retail storefronts offering a combined 75 feet of frontage on Roncesvalles Avenue and 120 feet on Howard Park Avenue, the Properties benefit from close proximity to numerous transit and automotive services, in addition to Toronto’s largest parkland, , directly to the west. Furthermore, the Properties are adjacent to three new and proposed mid- rise developments to the north and east on Roncesvalles Avenue. Property Details Location Overview Offering a prominent position within the heart of Roncesvalles Village, the Properties benefit from a core location between both West and West, just steps from nearby High Park and Sorauren Park. Surrounded by an eclectic mix of boutique storefronts, independent eateries and numerous new-build mid-rise residential developments, the Properties offer an opportunity to acquire a significant land base within the market and to capitalize on a growing residential and retail climate. Development Activity The immediate area has undergone a significant transformation in recent years, as new mid-rise developments and renovations such as the High Park Lofts, Feather Factory Lofts, and Roncesvalles Lofts bring new residents and greater density to the Roncesvalles Village area. Following on the success of past projects, the majority of select remaining land positions in the area are in various stages of planning and development. Triumph Developments are under construction at Howard Park II, their second project on Howard Park Avenue, to the immediate east of the Properties, while to the direct north, Worsley Urban Partners are under construction with The Roncy, a new 8-storey boutique development with adjacent townhouses on Howard Park Avenue. Tenancy Overview The Properties are partially occupied by a variety of retail and residential tenancies, offering month-to-month and short-term in-place agreements, providing prospective purchasers with significant near-term upside and flexibility on closing.

Total Land Area: 8,959 sf Salient Facts Total Building Area: 11,528 sf Total Frontage: 75 ft. Parking: Five (5) parking stalls Zoning: CR 3.0 (c1.0 r; 2.5) Official Plan: Mixed Use Area

408 Roncesvalles Ave.

404 Roncesvalles Ave.

402 Roncesvalles Ave. 402 Roncesvalles Ave.

Land Area: 2,760 sf Building Area: 4,128 sf Frontage: 23 ft Depth: 120 ft Parking: One (1) private garage Apartment Units: Two (2)

404 Roncesvalles Ave.

Land Area: 2,659 sf Building Area: 2,500 sf Frontage: 22 ft Depth: 120 ft Parking: None Apartment Units: Two (2)

408 Roncesvalles Ave.

Land Area: 3,540 sf Building Area: 4,900 sf Frontage: 29.5 ft Depth: 120 ft Parking: Four (4) surface stalls Apartment Units: Three (3) Downtown Lake Ontario

404 Roncesvalles Ave. 402 Roncesvalles Ave. Howard Park Ave. Roncesvalles Ave.

408 Roncesvalles Ave.

Offering Process For more information JLL has been exclusively retained by the Vendor to seek proposals to acquire the please contact: Properties. The Properties are offered for sale collectively or on an individual basis. The Vendor’s objective is to maximize sale proceeds while preference will be given to offers with limited conditionality and timely closing. Offers should be Euan Darling* submitted to the attention of Euan Darling or Elliot Medoff at 22 Adelaide Street Senior Associate West, Suite 2600, Toronto, ON, M5H 4E3. +1 416 238 9961 [email protected] Elliot Medoff* Vice President +1 416 238 9768 [email protected]

*Sales Representative

Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their represen- tatives, 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. ©2017. Jones Lang LaSalle. All rights reserved. *Sales Representative **Broker.