EXCEPTIONAL OWNER-OCCUPIER OPPORTUNITY

Transcription

1 FOR SALE POWER OF SALE EXCEPTIONAL OWNER-OCCUPIER OPPORTUNITY YORKVILLE - TORONTO

2 FOR SALE POWER OF SALE EXCEPTIONAL OWNER-OCCUPIER OPPORTUNITY Cushman & Wakefield ULC (the Advisor) has been retained by HMT Holdings Inc. (the Mortgagee ) to coordinate the sale of the property municipally known as 121 Scollard Street (the Property ) under Power of Sale. 121 Scollard Street is 6,000 square foot fully retrofitted, luxury office building in the heart of Yorkville, Toronto s trendiest shopping, dining and residential scene. The Property presents a rare opportunity for an owneroccupier to acquire an immaculately renovated standalone Victorian office, complete with condominium parking units. BUILDING DETAILS Site Size 2,300 SF Total Building Area 6,000 SF, including basement Three storeys plus finished basement Purchase Price $5,800,000 Legal Description Plan 194E, LOT 182, Part 1 (Subject to Severance of back parking lot) PROPERTY HIGHLIGHTS Seven glass on glass private offices Two condominium parking units in 100 Yorkville Avenue Fully equipped luxury kitchen, with kitchenettes on each floor Abundant natural light Private entrances and fingerprint access to each floor Completely renovated in 2013

3 QUICK FACTS Building Size 6,000 SF (Gross Area) Walk Score 99 Transit Score 99 Parking 2 covered units THE PROPERTY 2,300 SF Part 1 Cushman & Wakefield

4 PHOTO GALLERY

5 Cushman & Wakefield

6 OWNER/OCCUPIER OPPORTUNITY 121 SCOLLARD STREET, TORONTO Floor Plans BASEMENT GROUND FLOOR WC *Drawings are not to scale. Purchaser to verify all measurements and floor plans.

7 OWNER/OCCUPIER OPPORTUNITY 121 SCOLLARD STREET, TORONTO Floor Plans 2ND FLOOR WC 3RD FLOOR *Drawings are not to scale. Purchaser to verify all measurements and floor plans.

8 THE NEIGHBOURHOOD YORKVILLE LOWTHER AVE PRINCE ARTHUR AVE 1 2 AVENUE ROAD RENAISSANCE COURT HALZELTON AVENUE OLD YORK LANE 65 SCOLLARD STREET BELLAIR STREET GENOA STREET 73 BAY STREET 54 DAVENPORT ROAD 75 YORKVILLE AVENUE YONGE STREET CUMBERLAND STREET BLOOR STREET W 44 NORTH QUEENS PARK 1. Shan 2. Morton s Steakhouse 3. Park Hyatt 4. Club Monaco 5. Yves St. Laurent 6. Starbucks 7. Tiffany & Co 8. Sephora 9. Escada 10. La Société 11. Cartier 12. Burberry 13. Intermix 14. Hermes 15. Michael Kors 16. Prada 17. Gucci 18. Guerlain 19. Mulberry 20. Coach 21. Brooks Brothers 22. J. Crew 23. Chanel 24. L Occtaine 25. Dolce & Gabbana 26. Pottery Barn 27. Williams-Sonoma 28. Holt Renfrew Men 29. Cole Haan Royal Ontario 30. Windsor Arms Museum 31. MAC 32. Hugo Boss 33. Harry Rosen 34. Banana Republic 35. Roots 36. Davids 37. The Gap 38. Chapters 39. Birks 40. Holt Renfrew 41. Zara 42. Aritzia 43. BCBG Maxazaria 44. H&M 45. Swarvoski 46. RBC Royal Bank 47. Jack Astor s 48 Starbucks 49. Pizza Pizza 50. The Pilot 51. Print Three 52. Minto s Yorkville Park Development 53. Jasmine Jewellery 54. Wine Rack 55. Starbucks 56. Specchio Shoes 57. Sassafraz 58. Kate Spade 59. Nicholas Menswear 60. Aveda 61. Lululemon 62. Carens Wine & Cheese Bar 63. The Hazelton Hotel 64. One Restaurant 65. Kito 66. Montage 67. Augustina 68. Teatro Verde 69. Diesel 70. Pink Tartan 71. Trattoria Nervosa 72. Anthropologie 73. Pusateri s 74. Four Seasons Hotel 75. Buca

9 Yorkville is Toronto s most celebrated neighborhood of style and culture, offering a unique blend of designer boutiques, fashionable restaurants, plush hotels and world class galleries. The Yorkville neighborhood is home to Toronto s most affluent demographic. The live, work and play environment has established Yorkville as a hub for Canada s advertising/ marketing companies and private equity firms. The central location of the Property within Yorkville provides the user with an ease of access to amenities and transit that is unparalleled anywhere else in the city. AVENUE RD HAZELTON AVE SCOLLARD ST YORKVILLE AVE CUMBERLAND ST BAY ST BLOOR ST W Cushman & Wakefield

10 FOR SALE POWER OF SALE EXCEPTIONAL OWNER-OCCUPIER OPPORTUNITY SUBMISSION GUIDELINES GENERAL GUIDELINES Potential purchasers should submit all offers in terms of Canadian Dollars (CDN) Offers are expected to include a specific timeline for due diligence and closing Offers to be submitted by 5pm on the bid date Include a 100% transfer of the Property All offers will be forwarded to the Mortgagee care of Cushman & Wakefield ULC. DESCRIPTION OF PROCESS Purchase Price $5,800,000 Offers will be reviewed by the Mortgagee beginning Thursday, December 14th, 2017 YORKVILLE TORONTO CONFIDENTIALITY By accepting this CIM, prospective purchasers agree to hold and treat this CIM and its contents in the strictest confidence. Prospective purchasers will not, directly or indirectly, disclose or communicate or permit anyone else to disclose or communicate this CIM or any of its contents or any part thereof to any person, firm or entity without the prior written consent of the Mortgagee and the Advisor. Prospective purchasers will not use or permit this CIM to be used in any manner detrimental to the interests of the Mortgagee and the Advisor or their affiliates or for any other purpose than a proposed purchase of the Property. The recipient of this CIM agrees to provide the Advisor with a list of those persons to whom this CIM or any information contained herein is provided. DISCLAIMER The content in this CIM is based upon information furnished by the Mortgagee and sources, which the Advisor deems reliable, however neither the Mortgagee nor the Advisor assume any responsibility. Prospective purchasers should not construe this information as architectural, legal, environmental or tax advice. Prospective purchasers are urged to complete a full due diligence process, and to engage the appropriate advisors on any matters related to the Property, and make no representations to the contrary. Prospective purchasers acknowledge that neither the Advisor nor the Mortgagee makes any representations and/or warranties as to the accuracy or completeness of the data found in this CIM. The prospective purchasers acknowledge that by receipt of this package they have executed the Advisor s Confidentiality Agreement and as such have released the Advisor and the Mortgagee from any liability for the use of these materials. Furthermore, prospective purchasers acknowledge that the information has been provided in summary form. The summaries do not propose to constitute legal nor accounting analysis of the provisions of the documents and are not necessarily complete, accurate descriptions of all the information related to an acquisition of the Property. Prospective purchasers are expected to examine all such documents independently and with their own advisors. Photos may have been edited for the purposes of marketing materials. DUE DILIGENCE ROOM Upon request, the Advisor shall provide access to an online due diligence room to those prospective purchasers who have executed the Advisor s Confidentiality Agreement. The Due Diligence room shall include documents for the review of prospective purchasers. Relevant information related to the subject property will be included therein for consideration of prospective purchasers. FOR MORE INFORMATION, PLEASE CONTACT: CRAIG SMITH* Executive Vice President, Broker craig.smith@cushwake.com Cushman & Wakefield ULC, Brokerage 161 Bay Street, Suite 1500 P.O. Box 602 Toronto, ON M5J 2S1 cushmanwakefield.com Cushman & Wakefield ULC, Brokerage No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing condition, imposed by our principals.