Cooksville
The Offering The Land Services Group is pleased to offer for sale the Properties at 0, 00, 0, 0 Kirwin Avenue and 0 Littlejohn Lane (The Property or Site ). Situated in central Mississauga, the Site s locational context provides for a strong demographic profile in one of the most prominent municipalities in the Greater Toronto Area. The Site benefits from its proximity to major 00-series highway, Queen Elizabeth Way and major arterial roads such as Dundas Street East and Hurontario Street, both of which are significant eastwest and north-south thorough-fares within Mississauga. The two roads are subject to ongoing intensification and redevelopment efforts by the municipality. Cooksville BURNHAMTHORPE RD W Minutes away is the Hurontario Street Corridor, home to the future Hurontario Light Rail Transit ( LRT ), with an LRT Station proposed at the intersection of Dundas Street East and Hurontario Street. Cooksville GO Station can also be accessed within a short drive or walk, allowing for a wide range of intermunicipal and interregional transit options throughout the Greater Toronto Area. Well serviced by numerous public and private sector services which include institutions such as the University of Toronto Mississauga Campus, as well as retail amenities like the Square One Shopping Centre, the Site features an advantageous location within a complete community. Proposed LRT Stop DUNDAS Proposed LRT Stop COOKSVILLE GO The Property is also in proximity to Dundas Street East, which is currently subject to the Dundas Connects Study and is intended to accommodate the anticipated future growth in and around the Dundas Corridor. The latest plan proposes a bus rapid transit system with major intersections and surrounding areas, such as Hurontario Street and Dundas Street East, having broad permissions to accommodate growth in terms of both population and employment. City staff is expected to bring a draft Dundas Connects Master Plan to Council in late 07. In addition to the existing amenities and fantastic location, the vendor is also preparing the necessary documentation to make a formal application to the City under the Planning Act. The mandatory pre-consultation has already occurred with the City and the entire consulting team has been retained. The concept plan as well as all reports will be made available on the online document centre on an ongoing basis. Acreage Frontage ±.9 acres ± feet Dundas Connects Study Location Overview Mississauga is the first municipality to the west of Toronto bordered by Lake Ontario to the south, Oakville and Milton to the west/southwest, and Brampton to the north. Mississauga is Canada s th largest City with more than 7,000 residents; the City is expected to grow to more than 7,000 residents by 0. It is also Canada s fastest growing major city due in large part to its proximity to Downtown Toronto, its access to public transit, and its diverse and family friendly neighbourhoods. Total Population 07 Estimated 0,7,, Total Population 0 Projected,7,00,7 Population Change % 0-07 7.%.% Average Household Income $0,7 $07, Owned Dwellings 7.%.9% Official Plan Zoning Mixed Use, Natural Hazard Lands Mainstreet Commercial (C-) (Source: Sitewise, 07)
Planning & Land Use Context Conceptual Site Plan Land Use The Property is currently designated Mixed Use and a portion of the site is subject to a Natural Hazard overlay. Lands located within the Mixed-Use designation allows for a wide range of residential, commercial and office uses. All permitted uses within this designation include; a parking facility, conference centre, entertainment, recreation/sports facility, financial institution, funeral establishment, makerspaces, motor vehicle rental/sales, overnight accommodation, personal service establishment, post-secondary education facility, residential, restaurant, retail store and a secondary office. Self-storage facilities, detached and semi-detached buildings are not permitted uses. Developable Limit As per discussion with Credit Valley Conservation Authority ( CVCA ), the vendor has received confirmation that the developable limit as shown on the preliminary concept plan is acceptable to CVCA staff. For more information, please refer to the online document centre. Phase I ESA, Phase II ESA, and Record of Site Condition The Phase I and II ESA have been completed and confirm that all standards for both soil and groundwater have been met. An application for a Record of Site Condition (RSC) has been submitted to the Ministry of Environment and Climate Change on October th, 07. These reports and documentation related to the RSC are available on the online document centre. Mixed Use Residential High Density Residential Low Density Public Open Space Greenlands Downtown Unit Count units Parking - Resident 79 spaces Parking - Visitor 0 spaces Total GFA (Excluding Parking & Mech) 7,09 sq. ft. Total GCA (Including Parking & Mech) 0,9 sq. ft. Bike Racks Outdoor Amenity Total 0,9 sq. ft. CVCA Confirmed Developable Limit Non-Developable
Comparable Developments Transportation & Location Map The Hurontario Light Rail Transit Proposed Site is located in proximity to the future Hurontario Light Rail Transit (LRT) line which is intended to bring rapid reliable transit to the cities of Mississauga and Brampton. The future LRT will serve stops along the Hurontario Corridor, with intermunicipal connections to GO Transit Lines, Mississauga MiWay, Brampton Züm and Mississauga Transitway BRT. The will significantly impact the communities of Mississauga and Brampton as they will now be an integral part of the GTA s broader transportation network. Construction is slated to begin in early 0. COOKSVILLE GO Cooksville O RI ST TA N RO HU Proposed DUNDAS Manors of Mineola Delwood Park Reserve East Mineola Nola Heritage Gate Streetsville Centre Towns Dunda s Con nec Type Opening Occupancy Unit Sizes (SF) Unit Prices Prices Per SF Total Units (% Sold) Manors of Mineola by Carlyle Communities ' Town May-7 Oct-, to, $,99,990 to $,,990 $7 to $ 9 (%) Dellwood Park by Sierra Stacked Town May- Jun- 7 to, $79,900 to $09,900 $7 to $ 0 (00%) Reserve East Mineola by Queenscorp Group Stacked Town Apr-7 Sep-9 90 to,9 $9,900 to $999,900 $09 to $70 9 (7%) Nola by Fram Building & Slokker ' Town Jun-7 Sep-,70 $,99,900 $7 (00%) Heritage Gate by Dunpar Homes 9' Town Nov- Oct-, to,7 $09,990 to $,99,990 $7 to $0 (0%) Streetsville Centre by Dunpar Homes ' Town Apr-7 Sep-9,00 to,7 $9,990 to $,009,990 $0 to $7 (79%) Development DUND AS ST E Source: Altus RealNet, September 07 ts Stud y Dundas Connects Study As referenced by the City, over the course of the next few decades, the Dundas Corridor is expected to see significant change, and to manage this growth, Mississauga is developing a long-term, future-oriented Master Plan for the Dundas Corridor. This plan is intended to foster an urban, rapid transit-served street that will see targeted growth in population and employment. As Dundas Street East is a key part of Mississauga s transportation network, a bus rapid transit program was introduced and is now in the process of being refined. Phase Three occurred over the course of months from January to May 07, and was the last and final phase of the community consultation. The Master Plan Draft is expected to Focus Areas go to council in late 07. 7
Offering Process Confidentiality Agreement Potential purchasers that require access to the online Document Centre are to complete the Confidentiality Agreement and return it to: LSGGTA@CBRE.COM Offer Submissions All offers are requested to be submitted to: Ian Hunt ian.hunt@cbre.com CBRE Limited 00 Sheppard Avenue East Suite 00 Toronto, ON MJ B Offer Submission Date: Wednesday, November, 07 by :00pm EST Square One Shopping Centre Heartland Town Centre Costco Wholesale Queen Elizabeth Public School Port Credit Secondary School Mineola Public School 7 Mentor College Port Credit Arena 9 7 9 0 Kenollie Public School City Hall U of T Mississauga Credit Valley Hospital Hershey Centre Cooksville GO Port Credit GO Ian Hunt* 9 ian.hunt@cbre.com Jason Child* 9 9 jason.child@cbre.com Mike Czestochowski** Executive 9 7 mike.czestochowski@cbre.com Lauren Doughty* 9 lauren.doughty@cbre.com *Sales Representative **Broker. 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: Google Earth 0/7 CBRE Limited 00 Sheppard Ave E, Suite 00 Toronto, Ontario, MJ B www.cbre.ca/mclsg