Bathurst Street Toronto, On

INVESTMENT & FUTURE RESIDENTIAL DEVELOPMENT BATHURST STREET TORONTO, ON SUBJECT PROPERTY Finch West Station THE OFFERING The Land Services Group is pleased to offer for sale a ±0.61- acre property located on the southwest corner of Bathurst Street and Finch Avenue West. 4926 Bathurst Street (the “Site” or “Property”) is improved with a Shell Gas Station. The Property is currently leased with Shell Canada through April 30, 2020 with one five-year renewal option to April 30, 2025. 5.2% Population growth in next half decade (within 5km radius) This area is one of the premier nodes for education and community services in the City of Toronto. Located in proximity to the York University Keele Campus, Seneca @ York and the University of Toronto Institute for Aerospace, the area has experienced immense investment and transformation owing to the various post-secondary institutions and surrounding complimentary uses. The Site is well serviced by a number of transportation options. The Property is located a short 5-minute drive from Finch TTC Station and a 6-minute drive from the new Finch West TTC Station. Highways 400, 401 and 407 are all located under a fifteen minute drive. WWEeSsTt DoOnNPaPrAkRLKanLAdNs Herbert H. Carnegie WEST DON PARK LAN Centennial Centre With the Downtown core becoming increasingly built out, developers are looking further afield for new high density development opportunities. Situated in a transitioning area slated for residential intensification and growth, the Site’s high profile corner location at this busy intersection makes it a prime candidate for future residential redevelopment. Northview Heights WEST DON PARK LAN Secondary School PROPERTY INFORMATION Site Area Frontage ±0.61 ac. SUBJECT PROPERTY ±140.45 ft. on Finch Ave. W. ±100.42 ft. on Bathurst St. Official Plan Apartment Neighbourhoods Zoning C1 – General Commercial Zone LEASE INFORMATION Tenant Shell Canada Limited Lease Expiry Rent April 30, 2020 $100,000 per annum + HST 1 x 5 years at Fair Market Rent Renewal Options ALL OUTLINES ARE APPROXIMATE FINCH WEST STATION FINCH WEST LRT Situated a short 6-minute drive from the Property, the newly opened Finch West Station provides access north to Vaughan Metropolitan Centre and south to Union Station in downtown Toronto as part of the Yonge -University Subway Extension. The station will also act as a major transit transfer station in the coming years. Finch West Station will be the eastern terminus stop of the future Finch West Light Rail Transit (“LRT”) that will include 18 stops connecting Miway, Viva and Züm transit services all the way through to the western terminus at Humber College. The expected completion of the LRT is 2023. (Source: Metrolinx, 2019) MASSING OPTIONS PLANNING & DEVELOPMENT The vendor retained the services of Bousfields Inc. planning consultants to create potential massing options for the Site. The two options below feature an 11-storey, mixed use building coinciding with the existing built form of the surrounding area with total GFAs ranging from approximately 119,000 square feet to 137,000 square feet. 591 Finch Avenue West, located only a few hundred metres to the west, is approved for a 12-storey, mixed use building with a Floor Space Index (“FSI”) of 5.43. OFFICIAL PLAN OPTION 1 AreasdesignatedasApartmentNeighbourhoods are generally made up of apartment buildings, parks, local institutions, cultural and recreational facilities, and small-scale retail and office uses that serve the needs of the area and residents. Existing and future development within this designation are typically larger scale and are areas of potential growth and intensification of underutilized sites. VIEW NORTHWEST 11 ST (34.5M) 9 ST (28.5M) 5 ST (16.5M) 6 ST (19.5M) Neighbourhoods Apartment Neighbourhoods Mixed Use Areas 6 ST (19.5M) Parks & Open Space Areas Institutional Areas VIEW NORTHEAST 6 ST (19.5M) <ul style="display: flex;"><li style="flex:1">Property line </li><li style="flex:1">Massing Concept </li></ul>PLAN VIEW 3.0M FLOOR TO FLOOR HEIGHT Site Area: 2,465m2 Residential GFA = ~10,340m2 Commercial GFA = ~725m2 Total GFA: ~11,065m2 FSI = 4.3 Height = Up to 11 Storeys (34.5m) Units = 138 (based on 75m2/unit gross) Finch Station OPTION 2 VIEW NORTHEAST SUBJECT PROPERTY 9 ST (28.5M) 6 ST (19.5M) 11 ST (34.5M) 6 ST (19.5M) 6 ST (19.5M) VIEW SOUTHEAST 6 ST (19.5M) <ul style="display: flex;"><li style="flex:1">Property line </li><li style="flex:1">Massing Concept </li></ul>PLAN VIEW 555 Finch Ave W Site Plan Approved for a 5-storey long term care and assisted living facility 3.0M FLOOR TO FLOOR HEIGHT Site Area: 2,465m2 Residential GFA = ~11,920m2 Commercial GFA = ~810m2 Total GFA: ~12,730m2 FSI = 5.2 Height = Up to 11 Storeys (34.5m) Units = 159 (based on 75m2/unit gross) SURROUNDING AREA NEARBY DEVELOPMENTS UNITS (% SOLD) OUT SOLD <ul style="display: flex;"><li style="flex:1">PROJECT </li><li style="flex:1">OPENING OCCUPANCY </li><li style="flex:1">SIZE (SF) </li><li style="flex:1">PRICE </li></ul>$524,900-$1,199,900 $871-$1,013 $436,900-$745,900 $855-$984 $461,350-$1,115,000 $920-$1,229 PSF 4T1 at M2M 11 315 2/23/2019 6/12/2018 6/9/2018 6/1/2022 5/1/2022 9/1/2022 4/1/2020 1/1/2022 474-1,256 493-868 Active (50%) by Aoyuan International M2M North Tower 12 417 Active (98%) by Aoyuan International <ul style="display: flex;"><li style="flex:1">Ellie </li><li style="flex:1">303 </li></ul>(100%) Feb 2019 13 482-907 by G Group Development Nova Urban Towns by Kaleido Developments Inc. 42 (71%) 14 5/12/2018 2/23/2017 1,042-1,404 482-926 $791,500-$1,151,800 $429,900-$905,900 $736-$911 $892-$978 Active Active 13 12 Pearl Place 15 478 (64%) 3by Conservatory Group 10 FINCH 15 YORK UNIVERSITY SUBJECT PROPERTY 9 5 114 8 7 2 6<ul style="display: flex;"><li style="flex:1">14 </li><li style="flex:1">18 </li></ul>FINCH WEST 24 UPCOMING DEVELOPMENTS 11 <ul style="display: flex;"><li style="flex:1">PROJECT </li><li style="flex:1">OPENING </li><li style="flex:1">UNITS </li><li style="flex:1">TYPE </li><li style="flex:1">STOREYS </li><li style="flex:1">FSI </li><li style="flex:1">STATUS </li></ul>17 16 245 Sheppard Avenue 16 18 9/9/2019 5/24/2019 5/1/2019 6/1/2019 5/15/2019 5/11/2019 4/30/2019 TBD 105 <ul style="display: flex;"><li style="flex:1">Mid Rise </li><li style="flex:1">11 </li><li style="flex:1">3.88 </li></ul>3.70 4.00 1.92 N/A Appealed to LPAT by Pine Lake Group 19 21 20 Addington Condos 17 LPAT settlement hearing April 1, 2019 <ul style="display: flex;"><li style="flex:1">22 </li><li style="flex:1">23 </li></ul>163 1,358 48 <ul style="display: flex;"><li style="flex:1">Mid Rise </li><li style="flex:1">8</li></ul>DOWNSVIEW by Park Hiatt Developments Bogert Condos 18 8 towers (ranging in height) LPAT settlement hearing July 2, 2019 High Rise SHEPPARD WEST by Greatwise Developments Clanton Park Towns on Sheppard by Kaleido Developments Inc. Stacked Towns Under Review (City of Toronto) AMENITIES 19 54COMMERCIAL Finchurst Plaza RECREATIONAL Toronto Public Library INSTITUTIONAL Bathurst Heights 20 Stacked Towns Under Review (City of Toronto) 51 by Kaleido Developments Inc. 123456789York University North York Centre RioCan Marketplace Centerpoint Mall Paramount Ice Complex YMCA 10 U of T Institute for Aerospace Studies Westmount Boutique Residences 21 Under Review (City of Toronto) 128 85 Mid Rise Mid Rise Mid Rise Mid Rise 10 93.51 3.98 3.34 TBD by Quadcam Development Group Toronto Centre for the Arts Gorman Park Condos 22 LPAT settlement hearing <ul style="display: flex;"><li style="flex:1">May 17, 2019 </li><li style="flex:1">by Greenfield Quality Builders Inc. </li></ul>Greenwich Village 23 <ul style="display: flex;"><li style="flex:1">69 </li><li style="flex:1">9</li><li style="flex:1">Appealed to LPAT </li></ul>Appealed to LPAT DRIVE TIMES by Crown Communities Wilmington Place 24 Two 6-storey towers and 44 townhouses <ul style="display: flex;"><li style="flex:1">7/1/2019 </li><li style="flex:1">393 </li></ul>by Biddington OFFERING PROCESS <ul style="display: flex;"><li style="flex:1">CONFIDENTIALITY AGREEMENT </li><li style="flex:1">DOCUMENT CENTRE </li></ul>Potential purchasers that require access to the Document Centre must complete a Confidentiality Agreement and return it to: <a href="mailto:[email protected]" target="_blank">[email protected] </a> » Bousfields Massing Concept » Phase 1 ESA » Leases, renewals, and amendments » Vendor’s APS » Off-Site Environmental Retained Liability Agreement » Technical Standards & Safety Authority Search Letter OFFER SUBMISSIONS All offers are requested to be submitted electronically on a black lined version of the provided Vendor’s APS and a signed clean version of the Vendor’s APS. All submissions are requested to be submitted to Lauren White at: <a href="mailto:[email protected]" target="_blank">[email protected] </a>OFFER SUBMISSIONS DUE: WEDNESDAY, JULY 10TH, 2019 BY 4:00PM (EST) SUBJECT PROPERTY <ul style="display: flex;"><li style="flex:1">Derek Peacock* </li><li style="flex:1">Lauren White* </li><li style="flex:1">Mike Czestochowski** </li></ul>Executive Vice President T +1 416 495 6257 Evan Stewart Associate Vice President T +1 416 495 6237 <a href="mailto:[email protected]" target="_blank">[email protected] </a> Senior Vice President T +1 416 495 6223 <a href="mailto:[email protected]" target="_blank">[email protected] </a> Sales Representative T +1 416 495 6205 <ul style="display: flex;"><li style="flex:1"><a href="mailto:[email protected]" target="_blank">[email protected] </a></li><li style="flex:1"><a href="mailto:[email protected]" target="_blank">[email protected] </a></li></ul>*Sales Representative **Broker CBRE Limited · 2005 Sheppard Ave E, Suite 800 · Toronto, ON · M2J 5B4 This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services [email protected]; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth (06/2019). All outlines contained in this document are approximate.

Bathurst Street Toronto, On

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