LAND DEVELOPMENT OPPORTUNITY

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Thomasine Lane
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1 390 MARCH KEMPTVILLE, ROAD, OTTAWA, ON ON For more information please contact: PIERRE BENOIT CPM Real Estate Broker ext. 254 OTTAWA OFFICE 275 Bank Street Suite 301 Ottawa, ON K2P 2L6 Tel: Fax: PRIMECORP COMMERCIAL REALTY INC., BROKERAGE Commercial Investment Sales Multi-Residential Investment Sales Retail Leasing Office Leasing Property /Primecorp.Realty Toll free : MAKING A DIFFERENCE LEASING & SELLING REAL ESTATE

2 LOCATION Located on Van Buren Street in the Town of Kemptville, Township of North Grenville (population of approx. 15,000 people) Located 26 miles south of Ottawa along the 4 lane Highway 416 Rapidly growing community with numerous new & existing residential subdivisions, a revitalized downtown, and a number of large employers North Grenville is located halfway between the National Capital and the US border, providing easy access to both Eastern Ontario and US markets Over $58 million has been invested in public infrastructure recently on expanding the hospital, water and sewer line improvements and a new library Situated on Van Buren Street and is bounded by a recreational corridor (former railway line) to the west, a small creek to the east, and Concession Road to the south The neighbourhood is characterized by residential subdivisions to the east & west, commercial/industrial uses along Van Buren and agricultural land to the south Page 2

PROPERTY DESCRIPTION The subject offering consists of two separate parcels (1) a 19.29 acre site which formerly housed Gro-Mart, a seed and fertilizer supplier for farmers.

3 PROPERTY DESCRIPTION The subject offering consists of two separate parcels (1) a acre site which formerly housed Gro-Mart, a seed and fertilizer supplier for farmers. The property has a number of buildings related to the former agricultural operation. The buildings include several silos, an office building with attached garage, a Quonset style shed, metal storage sheds and five dome shaped structures for seed and salt storage. The current owner is going to remove all these structures from the property before the Closing of the sale. There is also a communication tower on the property that is rented out for $1,000 per month. The property is primarily open with lawns, paved parking lots, or gravel laneways on the site. There is a large treed section on the southeast corner as well along the western property line. (2) an 8.28 acre site that straddles both sides of a tributary of Kemptville Creek. This property can t be developed because of the watercourse running through it but it could be turned into a waterfront park. There are no buildings on this site, which is characterized by a combination of open fields and mature forest areas with both evergreen and deciduous trees. Page 3

PROPERTY DATA Legal Description: PT LT A PL 11 KEMPTVILLE; PT REV W J MACDOWELL BLK PL 11 KEMPTVILLE PARTS 1 TO 4, 15R8455 S/T K5927 PARTIALLY RELEASED AND ABANDONED BY PR134357; NORTH GRENVILLE Roll

81 ha) Frontage: 200 feet along Van Buren Street Water: Waterlines along Van Buren Street and Concession Road Sewer Along Van Buren Street and Concession Road Electrical: Available Natural Gas:

4 PROPERTY DATA Legal Description: PT LT A PL 11 KEMPTVILLE; PT REV W J MACDOWELL BLK PL 11 KEMPTVILLE PARTS 1 TO 4, 15R8455 S/T K5927 PARTIALLY RELEASED AND ABANDONED BY PR134357; NORTH GRENVILLE Roll Number: PIN Number: Area: acres (7.81 ha) Frontage: 200 feet along Van Buren Street Water: Waterlines along Van Buren Street and Concession Road Sewer Along Van Buren Street and Concession Road Electrical: Available Natural Gas: Available Legal Description: BLOCK 50, PLAN 15M-1, NORTH GRENVILLE. SUBJECT TO AN EASEMENT IN GROSS OVER PT 1, 15R11309 AS IN GC15434 Roll Number: PIN Number: Area: 8.28 acres (3.36 ha) Frontage: approx. 110 feet along Van Buren Street Water: N/A - site cannot be developed Sewer: N/A - site cannot be developed Electrical: Available Natural Gas: N/A - site cannot be developed Page 4

5 ZONING 1) Large Parcel The acre parcel is currently zoned as M-Industrial. However, in meeting with the Township officials, it was suggested that North Grenville and the United Counties would be receptive to a zoning change to a mixed use redevelopment. This is so because the North Grenville Official Plan update recognizes the changed nature of the area, with the former railway line running along the western boundary of the site having been closed and turned into a recreational pathway, and the development of new residential subdivisions in close proximity to the subject property. The United Counties Official Plan recognizes the subject property as an Urban Settlement Area, which also encourages brownfield redevelopment where possible. The following studies/application would be required as part of any application for an Official Plan Amendment and Zoning By-Law Amendment to allow for a mixed use brownfield redevelopment: Record of Site Condition Slop Stability and Environmental Impact Study Traffic Impact Study A Concept Plan Site Servicing Report A Landscape Plan Storm Water Management Report Neighbourhood Character Statements and Compatibility Report An Archaeological Assessment 2) Vacant Wetland Parcel This land is currently zoned as FEP, which stands for Flooding and Erosion Protection. Nothing can be built on this land, although there are some wide cleared sections that would be a great location for a waterfront park. Page 5

390 MARCH KEMPTVILLE, ROAD, OTTAWA, ON ON DEVELOPMENT POTENTIAL Both the Township and County levels of government are favourable to a rezoning the main property to a residential project with minor

6 390 MARCH KEMPTVILLE, ROAD, OTTAWA, ON ON DEVELOPMENT POTENTIAL Both the Township and County levels of government are favourable to a rezoning the main property to a residential project with minor commercial uses. North Grenville would also give the redevelopment project priority to water and sewer line access and capacity. Kemptville has seen numerous subdivisions built over the last 10 years, most notably equinelle a massive golf course/lifestyle community developed by the Regional Group. Other successful projects include the Parkview Homes project on Van Buren Street, the Country Walk subdivision by Urbandale and the Hampton Court neighbourhood by Westerra Homes. CONCEPT PLAN Kemptville has become a popular retirement community, largely due to its close proximity via Highway 416 to Ottawa, its excellent shopping facilities and a first class hospital. First time homebuyers are also drawn to the town because of the reasons listed above, as well as the presence of excellent primary and secondary schools. Given this market context, the subject lands provide an excellent opportunity for an astute developer to bring a new well designed residential community onstream. Asking Price: $1,850,000 ($95,905/acre) For more information please contact: PIERRE BENOIT CPM Real Estate Broker ext. 254 pbenoit@primecorp.ca OTTAWA OFFICE 275 Bank Street Suite 301 Ottawa, ON K2P 2L6 Tel: Fax: PRIMECORP COMMERCIAL REALTY INC., BROKERAGE Commercial Investment Sales Multi-Residential Investment Sales Retail Leasing Office Leasing Property /Primecorp.Realty Toll free : MAKING A DIFFERENCE LEASING & SELLING REAL ESTATE

COOK ROAD AT VANIER ROAD AYLMER (GATINEAU), QUÉBEC

COOK ROAD AT VANIER ROAD AYLMER (GATINEAU), QUÉBEC PRIMECORP COMMERCIAL QUÉBEC INC., REAL ESTATE AGENCY DAVID THOMSON * B.A. FRI Certified Real Estate Broker Manager of Québec Operations 819.664.5275 dthomson@primecorp.ca * practicing within David C. Thomson