2 sale - oct 2010

Page 1

FOR SALE

DOWNTOWN WEST OFFICE USER/INVESTOR OPPORTUNITY 277 richmond street west • TORONTO • ONTARIO

DAVID A. CLARKE Sales Representative Investment Services Group 416.643.3782 david.clarke@colliers.com DAVID K. WILLIAMS Senior Vice President, Sales Representative National Investment Team 416.643.3753 david.williams@colliers.com

investment Opportunity Opportunity for an investor or owner-user to purchase this distinct property in the vibrant Downtown West market. Long-term redevelopment opportunity.

LOCATION South side of Richmond Street West, between Widmer and Peter Streets GROSS BUILDING AREA 6,280 square feet (over 3 floors and basement) sITE aREA 1,916 square feet PROPERTY TAXES $39,762.52 (2009)

COLLIERS INTERNATIONAL One Queen Street East, Suite 2200 Toronto, ON M5C 2Z2 Phone: 416.777.2200 Fax: 416.777.2277 www.colliers.com/toronto

ASKING PRICE

PRICE REDUCTION

$2,200,000.00

$1,950,000

(please note MLS #C1676574) Please visit http://www.Obeo.com/556051

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and/or its licensor(s). (c) 2009. All rights reserved. Colliers Macaulay Nicolls (Ontario) Inc., Brokerage.

Our Knowledge is your Property®


FOR SALE

NEW BOMA RENTABLE AREA (as currently built out) 277 richmond street west • TORONTO • ONTARIO 1st floor 1,105 square feet

DAVID A. CLARKE Sales Representative Investment Services Group 416.643.3782 david.clarke@colliers.com

2nd floor

3rd floor

basement

1,202 square feet

1,036 square feet

1,306 square feet

DAVID K. WILLIAMS Senior Vice President, Sales Representative National Investment Team 416.643.3753 david.williams@colliers.com

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and/or its licensor(s). (c) 2009. All rights reserved. Colliers Macaulay Nicolls (Ontario) Inc., Brokerage.

Our Knowledge is your Property®


FOR SALE

DOWNTOWN WEST OFFICE USER/INVESTOR OPPORTUNITY 277 richmond street west • TORONTO • ONTARIO physical building details

Rarely available 6,280 square feet converted Victorian. Three floors plus 1,000 square feet on lower level (kitchen area) Charming Victorian brick structures with skylights, ample natural light and balcony Central air conditioning Parking available at neighbouring Riocan Hall (garage)

LOCATION Positioned within the kinetic Downtown West market. Close to Scotiabank Theatre, Royal Alexandra Theatre, Princess of Wales Theatre, quaint boutiques and excellent shopping and dining venues. Across Richmond Street from a proposed new development comprising of 200 plus residential units and retail.

TAXES

UTILITIES

$39,762.52 (2009) $14,666.23 (annually) Gas heating plus electric baseboard in basement Cooling is provided by 2 x 40 ton units on roof Roof was redone in 2005

DAVID A. CLARKE Sales Representative Investment Services Group 416.643.3782 david.clarke@colliers.com

DAVID K. WILLIAMS Senior Vice President, Sales Representative National Investment Team 416.643.3753 david.williams@colliers.com

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and/or its licensor(s). (c) 2009. All rights reserved. Colliers Macaulay Nicolls (Ontario) Inc., Brokerage.

Our Knowledge is your Property®


984 BAY STREET, TORONTO MID-TOWN OFFICE BUILDING For SALE Building Area:

37,856 sq ft

Typical Floor:

5,800 sq ft (approximately)

Site Area:

6,030 sq ft – 0.138 acres (mpac)

Frontage:

60‘

Depth:

100.5’

Storeys:

7

Electrical:

1,600 amperes, 120/208 volts, 3 phase, 4 wire

Zoning:

CR 6.0 (C1.0, R6.0) SS1

Elevators:

2 X Passenger

Taxes:

$278,000 (approximately 2009)

For further information please contact:

David De Courcy Vice President, Broker 416.703.6621 Ext. 226 david.decourcy@metcomrealty.com

Metropolitan Commercial Realty Inc. Brokerage 626 King Street West, Suite 302 Toronto, ON, M5R 1M7 Tel. 416.703.6621 The information contained herein has been provided to Metropolitan Commercial Realty Inc. from sources deemed reliable and correct, however we do not warrant its accuracy or assume any responsibility or liability of any kind whatsoever with respect to the accuracy of the information contained Fax. 416.703.6735 herein. All persons are advised to independently verify the information. The information herein is subject to errors, omissions, change of price, rental www.metcomrealty.com or other conditions, prior sale or withdrawal at any time without notice.


54 FRASER AVENUE, Toronto LIBERTY VILLAGE REDEVELOPMENT PROPERTY FOR SALE

For further information please contact:

Ming Zee

Chris Walasek

Broker of Record 416.703.6621 Ext. 222 ming.zee@metcomrealty.com

Sales Representative 416.703.6621 Ext. 224 chris.walasek@metcomrealty.com

Metropolitan Commercial Realty Inc. Brokerage 626 King Street West, Suite 302 Toronto, ON, M5R 1M7 Tel. 416.703.6621 The information contained herein has been provided to Metropolitan Commercial Realty Inc. from sources deemed reliable and correct, however we do not warrant its accuracy or assume any responsibility or liability of any kind whatsoever with respect to the accuracy of the information contained Fax. 416.703.6735 herein. All persons are advised to independently verify the information. The information herein is subject to errors, omissions, change of price, rental www.metcomrealty.com or other conditions, prior sale or withdrawal at any time without notice.


54 FRASER AVENUE, Toronto PROPERTY DESCRIPTION Municipal Address:

54 Fraser Avenue, Toronto

Location:

Liberty Village (King Street West and Dufferin Street)

Legal Description:

Plan 684 Lots 19 & 20 and Part Lots 18 & 21

Site Area:

17,297 square feet 1,607 square meters (as per Land Registry)

Frontage:

131.83 Feet (as per MPAC)

Depth:

125.00 Feet

Building Area:

545 square feet – Basement 7,435 square feet – First Floor 1,080 square feet – Second Floor 9,060 square feet – Total

Zoning:

IC D3 N1.5 28.0 meter (91.86 feet) height restriction

Tenancy:

7 Live/Work Studio tenants. – 100% Leased

NOI:

Approximately $90,000.00 per annum

Assessed Value:

$1,041,750 (2009)

Property Taxes:

$10,079.80 (based on Residential tax rate)

Asking Price:

$3,600,000 CAD.

Metropolitan Commercial Realty Inc. Brokerage 626 King Street West, Suite 302 Toronto, ON, M5R 1M7 Tel. 416.703.6621 The information contained herein has been provided to Metropolitan Commercial Realty Inc. from sources deemed reliable and correct, however we do not warrant its accuracy or assume any responsibility or liability of any kind whatsoever with respect to the accuracy of the information contained Fax. 416.703.6735 herein. All persons are advised to independently verify the information. The information herein is subject to errors, omissions, change of price, rental www.metcomrealty.com or other conditions, prior sale or withdrawal at any time without notice.


54 FRASER AVENUE, Toronto AERIAL MAP

Metropolitan Commercial Realty Inc. Brokerage 626 King Street West, Suite 302 Toronto, ON, M5R 1M7 Tel. 416.703.6621 The information contained herein has been provided to Metropolitan Commercial Realty Inc. from sources deemed reliable and correct, however we do not warrant its accuracy or assume any responsibility or liability of any kind whatsoever with respect to the accuracy of the information contained Fax. 416.703.6735 herein. All persons are advised to independently verify the information. The information herein is subject to errors, omissions, change of price, rental www.metcomrealty.com or other conditions, prior sale or withdrawal at any time without notice.


54 FRASER AVENUE, Toronto DATA MAP

Metropolitan Commercial Realty Inc. Brokerage 626 King Street West, Suite 302 Toronto, ON, M5R 1M7 Tel. 416.703.6621 The information contained herein has been provided to Metropolitan Commercial Realty Inc. from sources deemed reliable and correct, however we do not warrant its accuracy or assume any responsibility or liability of any kind whatsoever with respect to the accuracy of the information contained Fax. 416.703.6735 herein. All persons are advised to independently verify the information. The information herein is subject to errors, omissions, change of price, rental www.metcomrealty.com or other conditions, prior sale or withdrawal at any time without notice.


54 FRASER AVENUE, Toronto ZONING MAP

Metropolitan Commercial Realty Inc. Brokerage 626 King Street West, Suite 302 Toronto, ON, M5R 1M7 Tel. 416.703.6621 The information contained herein has been provided to Metropolitan Commercial Realty Inc. from sources deemed reliable and correct, however we do not warrant its accuracy or assume any responsibility or liability of any kind whatsoever with respect to the accuracy of the information contained Fax. 416.703.6735 herein. All persons are advised to independently verify the information. The information herein is subject to errors, omissions, change of price, rental www.metcomrealty.com or other conditions, prior sale or withdrawal at any time without notice.


54 FRASER AVENUE, Toronto HEIGHT RESTRICTION

Metropolitan Commercial Realty Inc. Brokerage 626 King Street West, Suite 302 Toronto, ON, M5R 1M7 Tel. 416.703.6621 The information contained herein has been provided to Metropolitan Commercial Realty Inc. from sources deemed reliable and correct, however we do not warrant its accuracy or assume any responsibility or liability of any kind whatsoever with respect to the accuracy of the information contained Fax. 416.703.6735 herein. All persons are advised to independently verify the information. The information herein is subject to errors, omissions, change of price, rental www.metcomrealty.com or other conditions, prior sale or withdrawal at any time without notice.


54 FRASER AVENUE, Toronto

South part of property looking west

Parking area looking east

North part of property looking west

Fenced yard looking east

Driveway looking west

Parking area looking north/east

Metropolitan Commercial Realty Inc. Brokerage 626 King Street West, Suite 302 Toronto, ON, M5R 1M7 Tel. 416.703.6621 The information contained herein has been provided to Metropolitan Commercial Realty Inc. from sources deemed reliable and correct, however we do not warrant its accuracy or assume any responsibility or liability of any kind whatsoever with respect to the accuracy of the information contained Fax. 416.703.6735 herein. All persons are advised to independently verify the information. The information herein is subject to errors, omissions, change of price, rental www.metcomrealty.com or other conditions, prior sale or withdrawal at any time without notice.


54 FRASER AVENUE, Toronto SURVEY

Metropolitan Commercial Realty Inc. Brokerage 626 King Street West, Suite 302 Toronto, ON, M5R 1M7 Tel. 416.703.6621 The information contained herein has been provided to Metropolitan Commercial Realty Inc. from sources deemed reliable and correct, however we do not warrant its accuracy or assume any responsibility or liability of any kind whatsoever with respect to the accuracy of the information contained Fax. 416.703.6735 herein. All persons are advised to independently verify the information. The information herein is subject to errors, omissions, change of price, rental www.metcomrealty.com or other conditions, prior sale or withdrawal at any time without notice.


54 FRASER AVENUE, Toronto NOTES •

No environmental reports available.

Most tenants are on month-to-month tenancies.

Termination provision in all leases.

Existing survey and plans available.

Forced air gas heating.

Property sold “as-is”.

Listed on the Inventory of Heritage Properties.

Metropolitan Commercial Realty Inc. Brokerage 626 King Street West, Suite 302 Toronto, ON, M5R 1M7 Tel. 416.703.6621 The information contained herein has been provided to Metropolitan Commercial Realty Inc. from sources deemed reliable and correct, however we do not warrant its accuracy or assume any responsibility or liability of any kind whatsoever with respect to the accuracy of the information contained Fax. 416.703.6735 herein. All persons are advised to independently verify the information. The information herein is subject to errors, omissions, change of price, rental www.metcomrealty.com or other conditions, prior sale or withdrawal at any time without notice.


For Sale

WHY LEASE? PAY LESS AND OWN YOUR OFFICE SPACE DOWNTOWN EAST

available space 1,426 sf asking price $550,000.00 LEASE VS. OWN COMPARISON* Monthly Leasing Costs: $4,384.00 Monthly Ownership Costs: $4,328.00 comments Brick and beam ground floor space 90 sHERBOURNE STREET • Toronto, ON

Ground floor signage Live/work zoning - **Pay Residential Taxes**

STEVE KEYZER

Direct suite access off Sherbourne

Sales Representative 416.643.3770 steve.keyzer@colliers.com

Ideal for professional uses Parking and storage locker are included * Ask agent for details

COLLIERS INTERNATIONAL One Queen Street East, Suite 2200 Toronto, Ontario M5C 2Z2 416.777.2200

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and/or its licensor(s). (c) 2010. All rights reserved. Colliers Macaulay Nicolls (Ontario) Inc., Brokerage.

Our Knowledge is your Property®


For Sale FLOORPLAN

COLLIERS INTERNATIONAL One Queen Street East, Suite 2200 Toronto, Ontario M5C 2Z2 416.777.2200

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and/or its licensor(s). (c) 2010. All rights reserved. Colliers Macaulay Nicolls (Ontario) Inc., Brokerage.

Our Knowledge is your Property速


EXCELLENT OPPORTUNITY TO OWN YOUR OWN BUILDING! FOR SALE P R I M E L O C AT I O N I N T R E N D Y “ Q U E E N W E S T ” A R E A F LO O R / A R E A :

478

RICHMOND STREET WEST

|

Lower Level 1st Floor 2nd Floor 3rd Floor

1,304 1,294 1,331 1,284

SF SF SF SF

Total:

5,213 SF

∙ ∙ ∙ ∙

8’5” ceiling 8’10” ceiling 8’4” ceiling 13’3” ceiling

LOT S I Z E :

16.17’ x 100’

POSSESSION:

Immediate

ASKING PRICE:

$1,595,000.00

COMMISSION:

2.5% TO THE SELLING BROKER


FOR SALE

BUILDING F E AT U R E S

478

RICHMOND STREET WEST TORONTO, ON

:: Recently fully gutted and renovated, 3-storey Victorian building with new addition :: Ideal live-work situation :: Separate HVAC systems for each floor :: Steps to restaurants, bistros, galleries, theatres and Financial District :: Major renovations including lowering of basement, complete plumbing replacement and heating/electrical systems and a 3-storey rear addition :: Secure parking for 1-2 cars at the rear (depending on size of cars)

FOR MORE I N F O R M AT I O N PLEASE C O N TA C T

Ed Seagram * Vice President 416.815.2377 ed.seagram@cbre.com CB Richard Ellis | 145 King Street West | Suite 600 | Toronto, ON M5H 1J8 | www.cbre.ca *Broker This disclaimer shall apply to CB Richard Ellis Limited, a real estate brokerage, and its Canadian affiliates, CB Richard Ellis Alberta Limited, CB Richard Ellis Manitoba Limited, CB Richard Ellis Québec Limitée and CB Richard Ellis Advisory Services Inc. (collectively “CBRE”). © 2010 CB Richard Ellis Limited. The information set out herein (the “Information”) is intended for informational purposes only. CBRE has not verified the Information and does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability of any kind in connection with the Information and 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.


FOR SALE

478

RICHMOND STREET WEST TORONTO, ON G R O U N D F LO O R - 1 , 3 0 4 S F

1 S T F LO O R - 1 , 2 9 4 S F

2 N D F LO O R - 1 , 3 3 1 S F

3 R D F LO O R - 1 , 2 8 4 S F

FOR MORE I N F O R M AT I O N PLEASE C O N TA C T

Ed Seagram * Vice President 416.815.2377 ed.seagram@cbre.com CB Richard Ellis | 145 King Street West | Suite 600 | Toronto, ON M5H 1J8 | www.cbre.ca *Broker This disclaimer shall apply to CB Richard Ellis Limited, a real estate brokerage, and its Canadian affiliates, CB Richard Ellis Alberta Limited, CB Richard Ellis Manitoba Limited, CB Richard Ellis Québec Limitée and CB Richard Ellis Advisory Services Inc. (collectively “CBRE”). © 2010 CB Richard Ellis Limited. The information set out herein (the “Information”) is intended for informational purposes only. CBRE has not verified the Information and does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability of any kind in connection with the Information and 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.


21 CAMDEN STREET , Toronto

1

Downtown West Office Condominium For Sale Location:

Spadina Ave & Richmond St W

Unit:

Entire Fifth Floor: 1,982 SF

Maintenance Fees:

$645.77 per month ($3.91 PSF/YR)

Property Taxes:

$12,017.22 ($6.06 PSF/YR)

Utilities:

Separately metered for hydro and gas.

Zoning:

”RA” Re-Investment Area (wide range of permitted uses including live/work.)

Comments:

• •

• Asking Price:

Full floor office space with skylights. 6 private offices, reception, meeting room, storage locker, kitchen and private washroom. Rights to construct additional space on roof.

$614,420 CAD ($310 PSF)

For further information please contact:

Chris Walasek Sales Representative 416.703.6621 Ext. 224 Chris.walasek@metcomrealty.com

Metropolitan Commercial Realty Inc. Brokerage 626 King Street West, Suite 302 Toronto, ON, M5R 1M7 Tel. 416.703.6621 The information contained herein has been provided to Metropolitan Commercial Realty Inc. from sources deemed reliable and correct, however we do not warrant its accuracy or assume any responsibility or liability of any kind whatsoever with respect to the accuracy of the information contained Fax. 416.703.6735 herein. All persons are advised to independently verify the information. The information herein is subject to errors, omissions, change of price, rental www.metcomrealty.com or other conditions, prior sale or withdrawal at any time without notice.


2

21 CAMDEN STREET , Toronto

Metropolitan Commercial Realty Inc. Brokerage 626 King Street West, Suite 302 Toronto, ON, M5R 1M7 Tel. 416.703.6621 The information contained herein has been provided to Metropolitan Commercial Realty Inc. from sources deemed reliable and correct, however we do not warrant its accuracy or assume any responsibility or liability of any kind whatsoever with respect to the accuracy of the information contained Fax. 416.703.6735 herein. All persons are advised to independently verify the information. The information herein is subject to errors, omissions, change of price, rental www.metcomrealty.com or other conditions, prior sale or withdrawal at any time without notice.


21 CAMDEN STREET , Toronto

3

Metropolitan Commercial Realty Inc. Brokerage 626 King Street West, Suite 302 Toronto, ON, M5R 1M7 Tel. 416.703.6621 The information contained herein has been provided to Metropolitan Commercial Realty Inc. from sources deemed reliable and correct, however we do not warrant its accuracy or assume any responsibility or liability of any kind whatsoever with respect to the accuracy of the information contained Fax. 416.703.6735 herein. All persons are advised to independently verify the information. The information herein is subject to errors, omissions, change of price, rental www.metcomrealty.com or other conditions, prior sale or withdrawal at any time without notice.


FOR SALE

889 BROADVIEW AVENUE MIXED USE USER/INVESTOR OPPORTUNITY

Contact: David A. Clarke Colliers Investment Services Group 416.643.3782 david.clarke@colliers.com John S. Paddon Vice President/Sales Representative 416.643.3737 john.paddon@colliers.com

THE premises Opportunit y for an East end user/investor to purchase this lovely mixed use asset. Solid brick structure with professionally landscaped exterior.

Available 2,000 square feet

COLLIERS INTERNATIONAL One Queen Street East, Suite 2200 Toronto, ON M5C 2Z2 Phone: 416.777.2200 Fax: 416.777.2277 www.colliers.com This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2010.All rights reserved. Colliers Macaulay Nicolls (Ontario) Inc., Brokerage.

PRICE $899,000.00

features Mixed use asset Main and lower Commercial. Upper residential suite. New roof replacement 8 on-site parking stalls! Ideal for professional use

Our Knowledge is your Property®


OFFICE CONDOMINIUMS FOR SALE 1670 Bayview Avenue – Main & 2nd Floor BOYLE REAL ESTATE INC., BROKERAGE

MAIN FLOOR

2nd FLOOR

BUILDING INFO: Address: 1670 Bayview Avenue (south of Eglinton Av) Description: 5 storey office building Year Built: 1951 (retrofitted 1990s)

and houses tenants from various industries including financial services, travel and entertainment. The building was completely updated in the 1990s and has had a new elevator installed.

Tenant Description INVESTMENT OPPORTUNITY Opportunity to acquire 12,631 sq.ft. of 1st and 2nd floor retail/ office/medical space at a prime location on Bayview Avenue. First floor is leased to one of the most profitable Bank of Montreal (BMO) retail branches in the GTA through Dec. 31, 2011. Second floor is leased to Benya Inc., a Ministry of Health funded medical clinic that has been operating for many years. Benya’s lease expires December 31, 2023.

Building Description 1670 Bayview Avenue is a five storey, 40,000 sq.ft. office building located in midtown Toronto near Eglinton Avenue. It is currently in the process of being registered as an office condominium. Situated in the heart of the retail corridor of an affluent residential community, 1670 Bayview Avenue is surrounded by vibrant retail

The Bank of Montreal (BMO) is one of Canada's oldest and most reputable financial institutions, operating a branch at 1670 Bayview Avenue since the 1950s. Benya Inc. has leased the entire second floor since 1993 and has their own private entrance.

Financial Overview & Floor Plans page 2

Asking Price

$5,570,000

The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.

CONTACT: Sean Boyle, Broker of Record 416.594.9999 x22 sboyle@boylecommercial.com

www.1670bayview.com


FINANCIAL OVERVIEW:

Main floor & 2nd floor – 12,631 sq.ft.

YEAR ENDING

GROSS INCOME (Base Rent)

Year Year Year Year Year Year Year Year Year Year Year Year Year Year Year

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

(Dec-2009) (Dec-2010) (Dec-2011) (Dec-2012) (Dec-2013) (Dec-2014) (Dec-2015) (Dec-2016) (Dec-2017) (Dec-2018) (Dec-2019) (Dec-2020) (Dec-2021) (Dec-2022) (Jan-2023)

$361,881 $361,881 $361,881 $374,580 $378,600 $387,665 $387,665 $387,665 $403,101 $403,857 $403,857 $403,857 $412,171 $420,049 $35,004

EXPENSES

NOI

(Condo Reserve Fee)

$27,229 $28,046 $28,887 $29,754 $30,646 $31,566 $32,513 $33,488 $34,493 $35,527 $36,593 $37,691 $38,822 $39,986 $3,432

$334,652 $333,835 $332,994 $344,826 $347,953 $356,099 $355,152 $354,177 $368,609 $368,330 $367,264 $366,166 $373,349 $380,063 $31,572

1) Benya Lease expires 1/31/2023. Benya will convert to BOMA measurement of 9,070 psf on 2/1/13. 2) Bank of Montreal (BMO) lease expires 12/31/2011. BMO expected to exercise five-year renewal options throughout the analysis period and convert to BOMA measurement of 3,561 sf on 1/1/2012. 3) The Landlord will work on amendment to this lease whereby reserve contributions would be borne by the tenant. If successful, this expense will not be borne by the investor and NOI would be adjusted accordingly.

1670 BAYVIEW – MAIN FLOOR

1670 BAYVIEW – SECOND FLOOR

(3,561 sq.ft.)

(9,070 sq.ft.)

prepared by Space Database Inc., www.spacedatabase.com

CONTACT: Sean Boyle, Broker of Record 416.594.9999 x22 sboyle@boylecommercial.com

www.1670bayview.com


SALE 63 Lombard Street Price Reduced To $959,000

Location

Building Description

Downtown East Church Street & Richmond Street

Commercial unit in prestigious mixeduse condo “The Bentley”

Contact Information Carolyn Laidley Arn Sales Representative 416.366.3183 x246 claidleyarn@lennard.com Andrew Baker Broker of Record 416.366.3183 x229 abaker@lennard.com

Approximate Space Asking Price $959,000 Realty Taxes $23,084.39 per year (2009)

TBD Commission (As per our exclusive listing agreement)

Comments

Financials

150 York Street Suite 1900 Toronto Ontario M5H 3S5 Phone: 416.366.3183 Fax: 416.366.3186

Availability

Condo Fees $2,334.97 per month (2009) + Hydro

Lennard Commercial Realty, Brokerage

3,800 sq. ft.

Main floor, private access from the street Reception, 5 offices, boardroom, open area, kitchenette and 2 washrooms Street parking, some rental parking available; lots of parking nearby Ideal Owner/User opportunity

2.5%

Vendor will consider VTB mortgage of up to 66% of sale price (term and rate to be negotiated)

Photos

lennard.com Statements and information contained are based on the information furnished by principals and sources which we deem reliable but for which we can assume no responsibility


63 Lombard Street Photos

Statements and information contained are based on the information furnished by principals and sources which we deem reliable but for which we can assume no responsibility


63 Lombard Street Suite 8 – 3,800 Sq. Ft.

Listing Information Sheet Statements and information contained are based on the information furnished by principals and sources which we deem reliable but for which we can assume no responsibility


Retail Store/ Apartment For Sale User/ Investment Opportunity

198A Davenport Road, Toronto, Ontario

Asking Price

$1,700,000

Location:

198A Daveport Road is located on the north side of Davenport Road, just east of Avenue Road.

Area Description:

The property is situated within Toronto's Yorkville and Annex neighbourhoods. Amenities such as restaurants, cafes, art galleries and retail stores are abundant.

Investment Offering: Ground floor leased for 2 years starting on March 1st, 2010. 2nd and 3rd floors are to be considered vacant retail/office/apartment space. Property Highlights: – Excellent exposure onto Davenport Road

Contact: Dan Rogers* Email: dan.rogers@dtzbarnicke.com Direct Tel: 416 865 5093 Bryce Gibson* Email: bryce.gibson@dtzbarnicke.com Direct Tel: 416 865 4668

– Ideal opportunity for a live/work user or investor

– Additional land to the rear allows for future expansion or comfortable backyard space

– Exceptional city views from 3rd storey balcony

– Within walking distance of TTC

DTZ Barnicke Limited 2500 - 401 Bay Street Toronto, Ontario M5H 2Y4 Tel: 416 863 1215 Fax: 416 863 9855

– Street parking available along Davenport Road

*Real Estate Sales Representative

Tel: 416 863 1215

www.dtzbarnicke.com


198A Davenport Road

Toronto, Ontario

Subject Property

Building:

3-storey semi-detached building with separate basement access. Total gross floor area is approximately 3,000 sq ft.

Lot:

25 feet frontage X 94 feet depth = 2,350 sq ft. Rear yard allows for expansion/redevelopment.

Zoning:

Commercial/Residential (T2.0 C1.0 R2.0), allows for a building of 4,700 sq ft in size.

Please call the Listing Agents for additional property information or to arrange a tour.

Contact: Dan Rogers* Email: dan.rogers@dtzbarnicke.com Direct Tel: 416 865 5093 Bryce Gibson* Email: bryce.gibson@dtzbarnicke.com Direct Tel: 416 865 4668 DTZ Barnicke Limited 2500 - 401 Bay Street Toronto, Ontario M5H 2Y4 Tel: 416 863 1215 Fax: 416 863 9855 *Real Estate Sales Representative

Tel: 416 863 1215

Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. DTZ Barnicke Limited, Real Estate Brokerage 3/2010


For sale

92 isabella street

with vacant Possession

toronto, ontario, canada

Property Highlights * Historic building in prime midtown location * Fully preserved architectural detail and in excellent condition throughout * Minutes to Bloor Street and public transit system * 5,200 square feet of office accomodation plus full basement * VTB available to qualified buyer Smith Company Commercial Real Estate Services Inc. | Brokerage 401 Bay Street, P.O. Box 59, Suite 2704, Toronto, Ontario M5H 2Y4 | T. 416.366.7000 | F. 416.366.9800 www.smithcompany.ca | info@smithcompany.ca

ISO 9001 Certified


Property Information

92 isabella street, toronto

Location: 92 Isabella is located in midtown Toronto, on the north side of Isabella, between Jarvis and Church Street. The block is predominantly residential in nature, with four high rise (11 & 13 storey) apartments, three 1930’s era apartment houses. 90a, 92 and 94 Isabella are commercial office and institutional occupancy historic structures. Bloor Street is the heartbeat of Toronto with Bloor and Yonge being the crossroads of Toronto’s subway system and the area accomodating an effective mix of business offices ranging from life companies to media producers, the City’s carriage trade retail hub, hotels, the City’s priciest condominiums, Queen’s Park, the seat of Ontario Government, University of Toronto, Royal Ontario Museum (R.O.M.) and several major hospital facilities. 92 Isabella is 3 blocks south of Bloor Street. Church Street provides a wide variety of services including banks, restaurants etc. Jarvis to the east is a major north/south arterial road. Isabella Street, on this block is a one-way eastbound street. There is onstreet metered parking available. Toronto’s subway system which links to all modes of public transport can be accessed within a few minutes walk at Bloor and Yonge or Bloor and Sherbourne.

Building: The adjoining 90 and 92 Isabella Street was completed in 1889, at a time when the area was the most fashionable residential neighbourhood of Toronto. The building contains 3 storeys above grade; a finished basement; and a large attic space suitable for improvement. The following accommodation is provided: Ground floor: Reception, conference room, 3 private offices and washroom. 1,791 sq.ft. 2nd floor: Reception, boardroom, 4 private offices, kitchen and washroom. 1,765 sq.ft. 3rd floor: 2 large work areas, 4 private offices, storage room and washroom. 1,645 sq.ft. Total area above grade: 5,201 sq.ft. The developed basement has been in use as an apartment with open living 1,340 sq.ft. area, 3 bedrooms, kitchen and full bathroom: Total building area: 6,541 sq.ft. The building is fully restored. The exterior masonry structure comprises a stone block plinth supporting red facing brick exterior walls which incorporate terracotta paneling detail, arched windows and ornate woodwork featured on the porch, 3rd floor deck and eaves. The multi pitched roof structure is finished with slate tiles. The centre roof section is a mansard with a flat built up bituminous felt finish and skylight. Other detail includes recently restored finials. The interior includes many of the original features such as dado paneling, doors and frames, cornices, fireplaces and ceiling pendants. Of particular note are the grand staircase and many original stained glass windows. The building is air conditioned, and heating is delivered through period steam radiators generated by a gas fired boiler. An upgraded electrical supply is installed, delivering 400 amps with the main breaker and 2 service panels in the basement. An Edwards security alarm system is installed. The building is served by scaleable fibre optic ATM cable installed by Bell. There are Ethernet drops in approximately 20 locations for network use. Smith Company Commercial Real Estate Services Inc. | Brokerage 401 Bay Street, P.O. Box 59, Suite 2704, Toronto, Ontario M5H 2Y4 | T. 416.366.7000 | F. 416.366.9800 www.smithcompany.ca | info@smithcompany.ca


Property Information

92 isabella street, toronto

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Title: The property is a fee simple estate. The only registered encumbrances are: CT279303 (02/14/78) Bylaw 25-78 designating 90-92 Isabella Street of architectural value under The Ontario Heritage Act. 63R1490 (04/18/78) Registered Plan of the property. 63R2759 (11/15/82) Registered Plan in connection with severance of the rear portion of the land parcel.

Assessment and Taxes: MPAC currently assesses the property at $1,258,000. Property Taxes for the 2008 tax year were $ 36,546.17

Zoning: The City of Toronto Zoning Bylaw No. 438-86 classifies the property R3Z1.0, which permits a variety of residential, nursing and care facilities to a density of one times the site area. However, commencing with a Committee of Adjustment consent in 1978, the building has been in continual use as professional offices. Accordingly the property is a legal non-conforming use.

Possession: The building is presently occupied by the property owner, operating its media business. The owner will provide vacant possession of the building at completion of a sale, and may consider terms for a short term leaseback of the building, should a buyer wish to defer actual occupancy. Smith Company Commercial Real Estate Services Inc. | Brokerage 401 Bay Street, P.O. Box 59, Suite 2704, Toronto, Ontario M5H 2Y4 | T. 416.366.7000 | F. 416.366.9800 www.smithcompany.ca | info@smithcompany.ca


Property Information

92 isabella street, toronto

Vendor Mortage: The owner will, subject to certain financial and security requirements, provide at Closing a first mortgage on current market terms for up to a 5 year term.

Price: $2,150,000 (Canadian)

Further information is available and arrangements for an inspection can be made by contacting the Exclusive Listing Agents:

JOHN GORDON*

416.848.7722

jgordon@smithcompany.ca

PAUL SMITH**

416.366.5756

psmith@smithcompany.ca

* Sales representative ** Broker of Record The information contained herein was obtained from sources deemed reliable and believed to be true; it has not been independently verified and as such cannot be warranted nor form part of any future contract.

Smith Company Commercial Real Estate Services Inc. | Brokerage 401 Bay Street, P.O. Box 59, Suite 2704, Toronto, Ontario M5H 2Y4 | T. 416.366.7000 | F. 416.366.9800 www.smithcompany.ca | info@smithcompany.ca

ISO 9001 Certified


For sale

530 RICHMOND ST. W.

toronto, ontario, canada

Property Highlights • Victorian house and historic four (4) storey brick & beam building • 10,386 square feet of gross leasable area • In the heart of vibrant Queen West • Plans available for integration of buildings • Ideal user facility for office, studio, gallery space • Live/work opportunity For more information or to arrange a tour please call: John Gordon* 416-848-7722 jgordon@smithcompany.ca

Shaun Rowe* 416-366-9317 srowe@smithcompany.ca

*Sales Representative

Smith Company Commercial Real Estate Services Inc. | Brokerage 401 Bay Street, P.O. Box 59, Suite 2704, Toronto, Ontario M5H 2Y4 | T. 416.366.7000 | F. 416.366.9800 www.smithcompany.ca | info@smithcompany.ca

ISO 9001 Certified


Property Information

530 Richmond st. w.

Location: The property is located on the north side of Richmond Street West, just west of Augusta Avenue, in the heart of the vibrant Queen West neighbourhood. Comprising two buildings, 530 Richmond Street West fronts Richmond Street, with a return frontage to a city lane which runs north to Queen Street. The second building has return frontage to both the same city lane and Rush Lane, which runs east/west from Augusta to Portland. There is an eclectic mix of retail and restaurant uses on Queen Street. To the west, occupying the block fronting Queen, Richmond and Portland, the Riocan’s mixed use retail and condominium project is under construction. This Riocan project will include a Loblaws food store, Joe Fresh and Winners, as well as 4 storeys of condominiums.

Site: There are two separate legal parcels. 530 Richmond has a frontage of approximately 17 feet, with a depth of approximately 68 feet. The rear parcel has a frontage to Rush Lane of approximately 77 feet and return frontage to the city lane of approximately 30 feet. The combined site area is approximately 3,939 square feet.

Building Description: 530 Richmond Street consists of two physically separate adjoining properties - an 1890’s 3 storey end row house fronting Richmond and a four storey commercial building to the rear fronting Rush Lane, constructed at the turn of the century. They provide the following accomodation; 530 Richmond Ground Floor 458 square feet Second Floor 473 square feet 215 square feet Third Floor Subtotal 1,146 square feet Total 10,386 square feet

530 Richmond Rear Lower Ground Floor Second Floor Third Floor Fourth Floor Subtotal

2,310 square feet 2,310 square feet 2,310 square feet 2,310 square feet 9,240 square feet

530 Richmond is currently occupied as a residence with a month to month tenant. 530 Richmond rear is commercial office space with a single tenant occupying the first floor. The remainder of 530 Richmond rear is owner occupied. The existing lease of the lower ground floor has an expiry date of May 31, 2012, with an option to relocate. The current annual rental is $21.50 psf. semi-gross. Tenant pay utilities. The interiors of 530 Richmond Rear have been fully renovated to provide modern, open floor plan office/studio space. Ceiling heights are approximately 10 feet and interiors feature exposed brick walls and hardwood floors. The building is heated and air conditioned. Washroom facilities are provided on each floor. The building is available “as is”, however, drawings are available showing a conceptual design to integrate the two building structures. Smith Company Commercial Real Estate Services Inc. | Brokerage 401 Bay Street, P.O. Box 59, Suite 2704, Toronto, Ontario M5H 2Y4 | T. 416.366.7000 | F. 416.366.9800 www.smithcompany.ca | info@smithcompany.ca


Property Information

530 richmond st. w.

Legal Description: 530 Richmond - PT LT 30 SEC CPL 135 Toronto As In CT590863; T/W CT 590861: City of Toronto 530 Richmond Rear - PT LT 26-27, 30 Sec CPL 135 Toronto As In CT590861; T/W CT590861: City of Toronto

Title: Both properties are held in fee simple. Both titles are subject only to easement agreements with the City of Toronto with respect to minor encroachments to the adjoining city owned lanes, and the following charges: 530 Richmond - Mortgage in favour of Home Trust Company in the original principal amount of $468, 750. 530 Richmond Rear - Mortgage in favour of The Bank of Nova Scotia in the original principal amount of $400,000, which will be discharged at closing. Both Properties - Cross collateralised mortgage in favour of The Equitable Trust Company in the original principal amount of $1,000,000. Details of mortgage terms and assumability with respect to the Home Trust and Equitable mortgage will be available to qualified prospective purchasers.

Zoning: R.A. Reinvestment Area. A broad range of uses are permitted including retail, offices, residences including apartment buildings, live/work accomodation, warehousing and manufacturing. The by-law height limit for new development is 23 metres, or approximately 7 stories. Density is otherwise governed by setbacks and building envelope/shadow considerations.

Assessment of Taxes: Assessments:

530 Richmond 530 Richmond Rear

$390,000.00 $656,000.00

Taxes (2009):

530 Richmond 530 Richmond Rear

$3,333.64 $22,719.96

Price:

$2,850,000

Smith Company Commercial Real Estate Services Inc. | Brokerage 401 Bay Street, P.O. Box 59, Suite 2704, Toronto, Ontario M5H 2Y4 | T. 416.366.7000 | F. 416.366.9800 www.smithcompany.ca | info@smithcompany.ca


Property Information

530 richmond st. w.

Recent Transactions Address

Sale Date BuildPrice ing Size (sq. ft.)

Price Comments Per sq. ft.

15 Duncan St. 9/24/09

21,129

$4,425,000

$209

Purchased by owner occupier.

468 Queen St. W.

7/2/09

7,682

$2,500,000

$325

At time of sale building was completely vacant.

340 Richmond St. W.

11/17/09

8,792

$2,200,000

$250

At time of sale building was completely vacant.

530 Richmond St. W.

-

10,386

$2,850,000 $275

Price in line with historical sales and current market trends.

CONTACT: SHAUN ROWE* or JOHN GORDON* at 416.366.7000 *Sales Representative

The document has been prepared by Smith Company Commercial Real Estate Services Inc. for advertising and general information only. Smith Company Commercial Real Estate Services Inc. makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Smith Company Commercial Real Estate Services Inc. | Brokerage 401 Bay Street, P.O. Box 59, Suite 2704, Toronto, Ontario M5H 2Y4 | T. 416.366.7000 | F. 416.366.9800 www.smithcompany.ca | info@smithcompany.ca


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