VACANT BANK BUILDING FOR SALE

Transcription

1 VACANT BANK BUILDING FOR SALE YONGE STREET, AURORA, ON Sean Comiskey* Senior Sales Associate Laura Hilderley Client Services Assistant CBRE Limited, Brokerage 2005 Sheppard Avenue East Suite 800 Toronto, ON M2J 5B4 T F *Sales Representative JANUARY 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 The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE.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 canadamapping@cbre.com; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth

2 TABLE OF CONTENTS PROPERTY SUMMARY MARKET OVERVIEW PROPERTY PROFILE OFFERING PROCESS JANUARY 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 canadamapping@cbre.com; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth 2

3 PROPERTY SUMMARY VACANT BANK BUILDING Yonge Street, Aurora, ON

4 PROPERTY SUMMARY Wellington Street Yonge Street Mosley Street Tyler Street N ADDRESS: Yonge Street, Aurora LEASEABLE AREA: 2,593 sq. ft. SITE AREA: 0.15 ac. ZONING: C2 - Central Commercial YEAR BUILT: 1943 INTERSECTION: Yonge Street / Mosley Street BUILDING TYPE: One storey brick building PARKING: 5 spaces onsite with additional street parking WASHROOMS: 2 ASKING PRICE: $1,200,000 4

5 MARKET OVERVIEW VACANT BANK BUILDING Yonge Street, Aurora, ON

6 MARKET OVERVIEW AURORA, ON Aurora is an affluent town in the Greater Toronto Area north of Richmond Hill within the Golden Horseshoe region of Ontario. Major roads running through Aurora include Bathurst Street at its western border, Yonge Street, Bayview Avenue, Leslie Street, and Highway 404 at its eastern border. Wellington Street is the town s major east-west road, with the Yonge-Wellington area (just north of the Subject Property) having the busiest traffic volume in Aurora. The town of Aurora s public transit is serviced by York Region Transit (YRT) and VIVA. The Aurora GO Station is on the Barrie line and is served by five trains southbound to Toronto every day. The town offers a skilled, professional workforce with over 45 per cent holding a university degree or diploma. Aurora s geographical location has an advantage for industry as it is in commuting distance to Toronto and other major points in the GTA. The town of Aurora has major expansion plans for the East and West sides of Leslie Street as well as a redevelopment plan for the Aurora Promenade and a new major transportation system that will bring in a significant number of jobs in the next 10 years. TRADE AREA DEOMGRAPHICS TOTAL CENSUS FAMILIES Total Population 59,475 Population Change ( ) 8.3% Average Age 40.7 Total Households 19,805 Avg. Household Income $142,314 Average Persons per Family 3.3 Total Couples 14,449 Without Children at Home 5,295 With Children at Home 9,154 Lone-Parent Families 2,045 6

7 PROPERTY PROFILE VACANT BANK BUILDING Yonge Street, Aurora, ON

8 PROPERTY PROFILE PROPERTY OVERVIEW The Property is well located on the east side of Yonge Street between Mosley Street and Wellington Street East, Aurora s major commercial arterial and busiest intersection in the town. The surrounding buildings are a mix of residential and commercial uses. The neighbouring site to the south of the Subject Property features a two storey commercial building occupied by MCCI Marketing. The neighboring site to the north of the Subject Property features a freestanding commercial building occupied by Cummings Financial Services with second floor residential apartments. Yonge Street has numerous commercial tenants including H & R Block, Bank of Montreal, TD Canada Trust, State Farm, Gabriel s Cafe and Aurora Food Pantry. Municipal Address Land Area GLA Frontage Zoning Yonge Street, Aurora, ON 0.15 ac. 2,593 sq. ft ft. C2 - Central Commercial Property Taxes $17, Parking Legal Description Street Parking with an Additional 5 Spaces in the Rear of the Property PT LT 8 E/S YONGE ST PL 68 AURORA; PT LT 9 E/S YONGE ST PL 68 AURORA AS IN R ; AURORA 3809 KEELE STREET Drive Times From Richmond Hill: 22 Minutes From Toronto: 45 Minutes N 8

9 PROPERTY PROFILE ZONING - C2 - CENTRAL COMMERCIAL PERMITTED USES Banks or other financial establishments Business or professional offices Commercial schools Commercial clubs Clinics Dry cleaning establishment Dwelling units above the first storey Funeral parlours Places of entertainment, provided the use complies with the requirements of all applicable regulatory and/or licensing by-laws of the Town of Aurora Restaurants Retail stores Service shops, light Service shops, personal Studios Supermarkets Institutional uses, including churches, libraries, government offices, post office Hotels or Motels 9

10 No Revisions, Issues CRE Project Description NOTE : CALCULATIONS ARE BASED ON ANSI/BOMA Z BOMA DEFINED VERTICAL PENETRATION, BUILDING COMMON AND FLOOR COMMON AREAS. BANK FLOOR COMMON AREA (CC : ) OFFICE AREA USED BY ALL BANK TENANTS ON THE FLOOR SHARED AREA : OFFICE AREA SHARED BY MORE THAN ONE DEPARTMENT ON THE FLOOR. No 1 Revisions, Issues CRE Project Description N/A ADDRESS: Drawing Title: Scale NTS Modified By: E.B. Approved By: E.B. Checked By: E.B. "CIBC CONFIDENTIAL" Transit code was mislabeled. Transit is suppose to be Updated the transit code accordingly. Last Modified Date: 20-JAN-09 CADD File NAME Date DDMMMYY Global Integrated Solutions Initial CM0A273-BM1A-FP00 ADDRESS: Drawing Title: Scale NTS Modified By: E.B. Approved By: E.B. Checked By: E.B. "CIBC CONFIDENTIAL" Last Mo 20-JAN CADD Fil PROPERTY PROFILE FLOOR PLAN - FIRST FLOOR AREAS ARE BASED ON EXISTING DRAWINGS AND HAVE NOT BEEN CONFIRMED ON SITE. OCCUPANCY ALLOCATION (IF APPLICABLE): NOTE : CALCULATIONS ARE BASED ON ANSI/BOMA Z BOMA DEFINED VERTICAL PENETRATION, BUILDING COMMON AND FLOOR COMMON AREAS. BANK FLOOR COMMON AREA (CC : ) OFFICE AREA USED BY ALL BANK TENANTS ON THE FLOOR Transit no Building ID CM0A273 SHARED AREA : OFFICE AREA SHARED BY MORE THAN ONE DEPARTMENT ON THE FLOOR YONGE ST YONGE STREET AURORA, ON, L4G 3H1 FLOOR PLAN - BASEMENT FIRST FLOOR PLAN Globa AREAS ARE BASED ON EXISTING DRAWINGS AND HAVE NOT BEEN CONFIRMED ON SITE. OCCUPANCY ALLOCATION (IF APPLICABLE): Transit no Building ID CM0A YONGE ST YONGE STREET AURORA, ON, L4G 3H1 BASEMENT FLOOR PLAN 10

11 OFFERING PROCESS VACANT BANK BUILDING Yonge Street, Aurora, ON

12 OFFERING PROCESS OFFERING PROCESS Offers will be reviewed by 4:00 p.m. on January 20th, 2017 and are to be submitted via , fax or courier to CBRE s Retail Investment Group. OPEN HOUSES Open houses will be held at Yonge Street, Aurora on Thursday January 12th from 11:00 a.m. to 2:00 p.m. and Tuesday January 17th from 11 a.m. to 2:00 p.m. Please contact us with any questions. CBRE Limited, Brokerage 2005 Sheppard Avenue East Suite 800 Toronto, ON M2J 5B4 Sean Comiskey* Senior Sales Associate sean.comiskey@cbre.com Laura Hilderley Client Services Assistant laura.hilderley@cbre.com * Sales Representative 12