195800 YONGE STREET TORONTO

2017-12-04

VIEW LOOKING SOUTHPROPOSED MASSING

5800 YONGE STREET, TORONTOFOR SALE

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High-Rise Mixed-Use Redevelopment Site 8.1 ACRES - with existing 2-storey

86,000 sq ft vacant office building

Potential Density of over

1.25 M SF

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Opportunity To acquire a major redevelopment site along the Yonge Street corridor that is minutes from the Finch Subway Station.

Cushman & Wakefield | 2

FOR SALEHigh-Rise Mixed-Use Redevelopment Site

Property Highlights • Very rare opportunity to acquire an 8.1 acre high-

rise redevelopment site situated in central North York

• Approximately 400 feet of prime frontage on Yonge Street

• Front development block size is ideal for four (4) residential towers

• Rear block is slated for parkland use by Secondary Plan

• New potential service road that will bisect the Property will provide much needed relief to Yonge Street congestion

• Located just north of the Yonge/Finch Subway Station and just south of the proposed Yonge/Cummer Subway Station

• Neighbourhood is in a state of transition with new planned retail and residential developments

• The City is in the process of finalizing the Yonge Street North Planning Study, which will help expedite future redevelopment of the area

Property Improvements• Improved with vacant 2-storey 86,000 sq ft

office building

DensityThe Vendor collaborated with City Planning on a concept plan that resulted in an FSI of 3.6 (approx. 116,689 sm of GFA)

Official Plan Designation• Mixed Use Areas

.Secondary Plan• The current (in-force) North York Centre Secondary

Plan designates the entire subject site as Mixed Use Areas F

• Permitted FSI of 3.46 (with bonusing)

Neighbourhood Central location in North York Centre offers close proximity to a wide range of amenities, entertainment, retail and dining options, cultural facilities, and employment node.

• Local area is transitioning with continual intensification and redevelopment

• Situated across the street from Newtonbrook Plaza, which will be redeveloped in the near future

• Less than 300 metres to Finch Subway Station

• Approximately 4 kms north of Highway 401

29 ST

29 ST

8 ST

5 ST

YONGE STREETNEW SERVICE ROAD

NEW GREEN STREET

29 ST 31 ST 87 M

102 MFSI: 3.6 AS-OF-RIGHT

(BASED ON TALL BUILDING DESIGN GUIDELINES)(TOWER FLOOR PLATES @ 750 SM)

* GFA DEDUCTIONS INCLUDED

36 ST

34 ST

37 ST28 ST

29 ST

32 ST

11 ST

PROPOSEDPARK

125800 YONGE STREET TORONTO

2017-12-04

LOOKING NORTH EASTPROPOSED MASSING

Cushman & Wakefield | 3

N Yonge Street

FOR SALE5800 YONGE STREET, TORONTO

Aerials

Location

Cushman & Wakefield ULC, BrokerageNo warranty or representation, express or implied, is made to the accuracy or completeness 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 special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. Cushman & Wakefield Ltd., Brokerage **Broker *Sales Representative

OFFERING GUIDELINES Cushman & Wakefield ULC, Brokerage has been retained by Toronto Hydro-Electric System Limited (“Vendor”) to be exclusive Advisor for the potential disposition of 5800 Yonge Street, Toronto.

• Following execution of a Confidentially and Non-Disclosure Agreement, interested buyers will be provided with additional property due diligence documentation, including the Confidential Information Memorandum and access to an online secure data room.

• The Vendor’s form of APS will be provided to all interested parties.

• Offers are to be delivered to Cushman & Wakefield’s Toronto Office (Attention: Dan Rogers, Chris Denda, and Jeff Lever) prior to 5:00pm on January 10th, 2018 in a sealed envelope. Two (2) originals, a blacklined and soft copy of the APS are required. Offers will not be reviewed prior to this time or considered if submitted after this deadline.

• All offers received will be reviewed by the Vendor and the Advisor and evaluated based on standard industry criteria. The Vendor is under no obligation to accept any offer.

• All Cooperating Brokers to be compensated by their Purchaser/Client.

• There will be two open-house tour dates arranged by the Advisor. Please contact us directly regarding further details of these dates.

FOR MORE INFORMATION, PLEASE CONTACT THE LISTING AGENT:

FOR SALE5800 YONGE STREET, TORONTO

Dan Rogers**Vice President Capital Markets416 359 2352 dan.rogers@cushwake.com

Cushman & Wakefield ULC, Brokerage161 Bay Street, Suite 1500P.O.Box 602 | Toronto, ON M5J 2S1cushmanwakefield.com

Chris Denda*Senior Vice President Capital Markets 416 587 9910 chris.denda@cushwake.com

Jeff Lever*Senior Associate Capital Markets 416 359 2492 jeff.lever@cushwake.com

TTC

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SHEPPARDSUBWAYSTATION

NORTH YORKCENTRESUBWAYSTATION

CENTREPOINTMALL

THE PALMCONDOMINIUM

RESIDENCES

THE DIAMONDON YONGE

NORTH AMERICANCENTRE

BEACON CONDOS

NEWTONBROOKPLAZA

REDEVELOPMENT

5959YONGE STREET

CONDOS

PEARL PLACECONDOS

RIOCANYONGE SHEPPARD

CENTRE

SUBJECTSITE

FINCHSUBWAY STATION