VACANT BANK BUILDING FOR SALE 432 CHURCH STREET, TORONTO, ON
TABLE OF CONTENTS 1 2 3 4 PROPERTY SUMMARY MARKET OVERVIEW PROPERTY PROFILE OFFERING PROCESS AUGUST 2017. 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 The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE.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
PROPERTY SUMMARY 432 CHURCH STREET, TORONTO, ON
Chu rch Stre et Ca rlt on Str ee t PROPERTY SUMMARY N 4
9,291 SQ. FT. 0.12 AC.
MARKET OVERVIEW 432 CHURCH STREET, TORONTO, ON
MARKET OVERVIEW TORONTO, ON Toronto is the largest city in Canada and is the provincial capital of Ontario. The city offers a skilled, professional workforce with over 35 per cent holding a university degree or diploma. Located in Southern Ontario on the northwestern shore of Lake Ontario, Toronto is the hub for all major industry and transportation lines across Canada. The Subject site is located in the southeast node of the downtown core allowing quick access to transportation along with immediate proximity to education institutions and amenities. The area has recently experienced explosive residential growth, leading to unique opportunities for developers and investors to further invest capital. NEIGHBOURHOOD PROFILE AMENITIES Subject Site Condo Development Restaurants Grocery Stores Shopping Entertainment Universities CONDO DEVELOPMENT 1. axis-condos-toronto.ca 2. tributecommunities.com 3. menkes.com 4. tridel.com/alter 7
DEVELOPMENT OVERVIEW 1 Axis Condo Development 2 Stanley Condo Development 411 Church Street 38 storeys 70-72 Carlton Street 45 storeys 1 2 3 3 4 Menkes Condo Development 365 Church Street 31 storeys Alter Condo Development 355 Church Street 34 storeys 4 8
NEIGHBOURHOOD OVERVIEW 9
PROPERTY PROFILE 432 CHURCH STREET, TORONTO, ON
PROPERTY PROFILE PROPERTY OVERVIEW The Property is well located on the southwest corner of Church Street and Carlton Street, on a busy commercial arterial in Downtown Toronto in close proximity to College Subway Station and Yonge Street. The area continues to undergo substantial improvement and intensification with new major residential developments including Axis Residential Development on Church Street and Wood Street and Tribute Stanley Condos directly across from the Subject Property. The surrounding buildings are a mix of residential and commercial uses. Major national commercial tenants include Loblaws, Shoppers Drug Mart, Tim Horton s, McDonald s and the Shops at College Park. There is a full range of amenities in the immediate area including Ryerson University, Holiday Inn Downtown Toronto, YMCA, Toronto Police Headquarters and Service Ontario. Municipal Address Land Area GLA Frontage Depth Zoning 432 Church Street, Toronto, ON 0.12 ac. 9,291 sq. ft. 55 ft. 90 ft. CR Commercial Residential Property Taxes $68,735.05 (2016) Legal Description PT LT 9 W/S CHURCH ST, 10 W/S CHURCH ST PL 203 TORONTO AS IN CT983551; CITY OF TORONTO LANDSCAPE DRIVE TIMES From Mississauga: 45 Minutes From U.S. Border: 2 Hours COLLEGE PARK SUBJECT PROPERTY 3809 KEELE STREET SHOPS AT AURA CF TORONTO EATON CENTRE N 11
PROPERTY PROFILE FLOOR PLAN - FIRST FLOOR - 4,291 SQ. FT. FLOOR PLAN - BASEMENT - 4,309 SQ. FT. 12
PROPERTY PROFILE ZONING - CR - COMMERCIAL RESIDENTIAL PERMITTED USES Ambulance Depot Amusement Arcade Art Gallery Artist Studio Automated Banking Machine Cabaret Club Cogeneration Energy Community Centre Courts of Law Crisis Care Shelter Custom Workshop Day Nursery Drive Through Facility Dwelling Unit in a permitted building type in Clause 40, 10, 20, 40 Eating Establishment Education Use Entertainment Place of Assembly Financial Institution Fire Hall Funeral Home Group Home Home Occupation Hospice Care Home Hotel Laboratory Library Massage Therapy Medical Office Municipal Shelter Museum Nightclub Nursing Home Office Outdoor Patio Park Passenger Terminal Performing Arts Studio Personal Service Shop Pet Services Place of Assembly Place of Worship Police Station Post-Secondary School Private Home Day-care Private School Production Studio Public Parking Public School Public Utility Recreation Use Religious Education Use Religious Residence Renewable Energy Residential Care Home Respite Care Facility Retail Service Retail Store Retirement Home Rooming House Secondary Suite Seniors Community House Service Shop Software Development and Processing Sports Place of Assembly Student Residence Take-out Eating Establishment Tourist Home Transportation Use Vehicle Dealership Vehicle Fuel Station Vehicle Service Shop Vehicle Washing Establishment Veterinary Hospital Wellness Centre 13
PROPERTY PROFILE OFFICIAL PLAN - MIXED USE ZONE LAND USE DESIGNATION Mixed Use Area PERMITTED USES Broad array of residential, commercial and institutional uses GUIDELINES To create a balance of uses while decreasing the dependency of automobiles and increasing employment 14
PROPERTY PROFILE DENSITY MAP Population ZONING HEIGHT MAP 15
OFFERING PROCESS 432 CHURCH STREET, TORONTO, ON
OFFERING PROCESS OFFERING PROCESS Offers will be reviewed after 3:00 p.m. on September 12, 2017 and are to be submitted via email, fax or courier to CBRE s Retail Investment Group. OPEN HOUSES Open houses will be held at 432 Church Street, Toronto on: August 23, 2017 from 11:00 am - 2:00 pm August 30, 2017 from 2:00 pm - 5:00 pm September 6, 2017 from 10:00 am - 1:00 pm CBRE Limited, Brokerage Sean Comiskey* Laura Hilderley 2005 Sheppard Avenue East Associate Vice President Client Services Assistant Suite 800 416 495 6215 416 495 6274 Toronto, ON M2J 5B4 sean.comiskey@cbre.com laura.hilderley@cbre.com * Sales Representative 17