located within the green lane secondary plan area

LOCATED WITHIN THE GREEN LANE SECONDARY PLAN AREA

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ALL OUTLINES ARE APPROXIMATE

SHARON VILLAGE


SIZE ±98.13 acres

FRONTAGE ±3,223 feet on Green Lane East

DEPTH ±1,293 feet on 2nd Concession Road

OFFICIAL PLAN Draft Green Lane Secondary Plan

GREEN LANE SECONDARY PLAN

Currently undergoing review with two concepts. Preferred concept to be presented to the public on October 30th, 2017.

DRAFT ZONING BY-LAW* (MAY-17)

RU – Rural

*East Gwillimbury currently undergoing zoning by-law review

The Land Services Group is pleased to offer for sale the property located at 574 Green Lane East (The “Site” or “Property”), a fantastic opportunity to purchase development land within the urban boundaries of the Green Lane Secondary Plan Area. It is anticipated that the Secondary Plan will be adopted by the East Gwillimbury Council in Spring of 2018.

Located in the southern half of the municipality, the secondary plan is currently undergoing a review with multiple options under consideration by the municipality. As per the most recent public open house and presentation in May/June 2017, two preferred land use options were discussed. Both options delineate a wide range of uses for the Property. A third open house is scheduled to occur on October 30th, 2017. This will be the final phase of community consultation, whereby, the preferred land use option will be presented and the secondary plan preparation will commence.

Located in the vastly growing municipality of York Region, East Gwillimbury is experiencing impressive growth rates, at 8.2%, the highest of the northern York Region Municipalities. Comparatively, Aurora and Newmarket had a population change of 7.7% and 6.9% respectively. Home to one of the highest incomes in the Greater Toronto Area (“GTA”), the average household income in the municipality is $126,062, nearly $20,000 more than the average household income in the City of Toronto. Owing to the rapid growth rate and favourable demographics, East Gwillimbury continues to be one of the most desirable municipalities for both live and work.

The Site is ideally located adjacent to the East Gwillimbury GO Station, with all-day, two-way train and bus service expected by 2025, allowing for quick and convenient access to locations around the GTA. The Site further benefits from its proximity to the northern limit of Newmarket and commercial hub at Yonge Street and Green Lane providing considerable commercial amenities for future residents of the Green Lane Corridor.

In spite of the favourable locational context of the Site, the East Gwillimbury market is severely constricted in terms of new residential product availability. There is little to no active low-density developments in the area, with many of the more recent product experiencing strong pricing and fast absorption. Taking note of the current market, we believe this offering is an ideal opportunity for the development community to pursue a future residential mixed-use development parcel in a continuously active York Region market.

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INVESTMENT HIGHLIGHTS

Lack of available product in East Gwillimbury with the most recent developments experiencing favourable pricing and fast absorption rates.

Steps away from the East Gwillimbury GO Station

Highway 404 is within a 5-minute drive of the Site

The Property is currently located within the Green Lane Secondary Plan Area which is nearing completion. The most recent public open house for the secondary plan area occurred on June 13th, 2017 and resulted in a discussion of the two preferred options of land use. Both options place emphasis on the significance of Green Lane as a main corridor, with the intersection of Green Lane East and 2nd Concession as the second most preeminent mixed-use node following Green Lane East and Yonge Street. Pursuant to the East Gwillimbury Official Plan, both the intersections are designated as Major local Centres. Development within the 2nd Concession and Green Lane Major Local Centre shall support an overall long-term Floor Space Index (FSI) target of 2.5 for developable areas, and will be further delineated through the Secondary Plan process.

The intent for the future build out of the Green Lane Secondary Plan area is to include a variety of uses in order to foster a complete community. In both options, a wide range of uses is delineated for the Site including; Medium Density 1, Medium Density 2, Residential Mixed Use, Low Density and Institutional land, for either a high school or elementary school. Based on the information provided by the Town and their consultants at the most recent Green Lane Secondary Plan public meeting, the Medium Density I designation will be comprised primarily of traditional townhouses while the Medium Density II designation is intended for smaller frontage townhouses and stacked townhouses.

P l a n n i n g & D e s i g n I n c .

Green Lane Secondary Plan and Master Environmental Servicing Plan 1

2East-West Collector Road

East-West Collector Road

Green Lane

Green Lane

A third and final Public Open House is scheduled for October 30th, 2017, whereby one of the two options will be presented and refined.

PUBLIC OPEN HOUSE #3

GREEN LANE SECONDARY PLAN

OPTION 1

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While the text for the Secondary Plan has not been finalized, the uses shown below indicate what is currently permitted in these similar designations in other parts of East Gwillimbury.

PERMITTED USES

Residential Mixed Use

• Retail and service commercial uses

• Institutional uses

• Office uses

• Medium and high density residential uses

• Recreation and community facilities

Low Density

• Single Detached Dwellings

• Semi Detached Dwellings

• Townhouses

Medium Density

• Townhouses

• Low rise apartments up to 4 storeys in height

• Senior/assisted living homes

High Density

• Apartments with a minimum height of 4 storeys up to a maximum of 12 storeys

• Senior/assisted living homes

Institutional

• Facilities for:

a. Public administration,

b. Education,

c. Health care,

d. Recreation,

e. Cultural and religious activities;

• Schools, day nurseries, day cares;

• Nursing homes and assisted living homes;

• Places of worship;

• Funeral homes;

• Combination of any of these uses

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UPPER YORK SEWAGE

York Region has been working for several years on developing a solution to address the sewage capacity required for future growth in upper York Region. Known as the Upper York Sewage Solutions, this project will add millions of litres per day of additional sewage capacity and will service the Towns of East Gwillimbury, Newmarket and Aurora. This project is essential to ensure that York Region, and its lower tier municipalities, reach the population and employment targets outlined in the Provincial Growth Plan. As part of this project a water reclamation centre and trunk sewer have been planned. A significant portion of the trunk sewer has been completed while construction on the water reclamation centre has not begun. The project is slated for completion by 2024.


© 2017 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness,completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced. Layout ID:L08 MapId:4894734

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404 Town CentreWalmart, Metro, Shopper's Drug Mart, Dollarama & National Gym

YONGE STREET CORRIDOR Lowe's, LA Fitness, LCBO, Best Buy, SilverCity Newmarket Cinemas, The Keg, TD Canada Trust, Costco, Walmart, Service Ontario, Real Canadian Superstore, and more.

INSTITUTIONAL AMENITIES

East Gwillimbury Sports Complex

East Gwillimbury City Hall

Denne Public School

Meadowbrook Public School

Huron Heights High School

Southlake Regional Hospital

Sacred Heart Catholic High School

COMMERCIAL AMENITIES

404 Town Centre

Upper Canada Mall

Yonge St. Commercial Corridor

TRANSIT

GO Transit Line - Barrie

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NEARBY DEVELOPMENTS

Hillsborough by Great Gulf Homes

Hometown by Acorn Homes

Sharon Village by Mosaik Homes

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© 2017 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness,completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced. Layout ID:L08 MapId:4894734

PROJECT NAME LOT OPENING OCCUPANCYUNIT SIZES

(SF)UNIT PRICES

PRICES (PER SF)

TOTAL UNITS (SOLD %)

SOLD OUT

SEMI DETACHED

Hillsborough by Great Gulf 20 ft. May-17 Oct-19 1,440 $879,990 $611 4 (100%) Jun-17

TRADITIONAL SINGLE DETACHED

Sharon Village by Mosaik 32 ft. Nov-14 Jun-171,865 to 2,290

$564,990 to $935,990

$259 to $499

8 (100%) Apr-17

Sharon Village by Mosaik 36 ft. Nov-14 Jun-171,640 to 3,015

$633,990 to $1,135,990

$231 to $471

35 (100%) Apr-17

Hometown by Acorn 36 ft. Sep-16 Dec-172,328 to 2,822

$1,049,900 to $1,139,900

$403 to $452

59 (100%) Mar-17

Hillsborough by Great Gulf 36 ft. Sep-16 Sep-181,510 to 2,710

$999,990 to $1,118,990

$413 to $667

39 (100%) Jun-17


$1,179,990 to $1,319,990

$364 to $445

89 (100%) Jun-17

Hometown by Acorn 40 ft. Sep-16 Dec-172,294 to 3,283

$1,099,900 to $1,209,900

$369 to $479

28 (100%) Mar-17


$1,239,990 to $1,399,990

$394 to $423

44 (100%) Jun-17

WIDE SHALLOW SINGLE DETACHED

Hillsborough by Andrin 38 ft. Jun-15 Oct-172,111 to 2,763

$742,990 to $853,990

$278 to $361

99 (100%) Feb-17


$748,990 to $927,990

$283 to $481

189 (100%) Feb-17


$822,990 to $951,990

$255 to $333

117 (100%) Jan-17

East Gwillimbury is serviced by a number of intercity bus routes across York Region. The Site is directly serviced by York Region Transit Route 52 and 54.

The Site is optimally located steps away from the East Gwillimbury GO Station, allowing convenient access to all stops along the Barrie GO line, which includes major destinations such as Downtown Toronto, York University and as far north as Allandale Waterfront on the shores of Lake Simcoe. Metrolinx is expanding GO train service as part of a 10-year Regional Express Rail program (“GO RER”) which will bring frequent, two-way, all-day service to East Gwillimbury Station with departures to Union every 30 to 60 minutes.

TRANSPORTATION

TRANSPORTATION & DEVELOPMENTS

There are number of upcoming developments in East Gwillimbury including additional product offerings to existing developments such as Sharon Village, Queensville, Hillsborough and Anchor Woods. Many of these product offerings should be released to market in the near future from late 2017 to early 2018.

There are two major approved development applications for subdivisions of substantial size located within the new draft Green Lane Secondary Plan Area. Acorn Developments includes over 65.18 acres and nearly 300 future residential units, and South Sharon Developments resides on 84 acres and will encompass over 380 future residential units.

DEVELOPMENTS

AMENITIES

Lauren Doughty*Vice President 416 495 6223 [email protected]

Ian Hunt*Vice President 416 495 6268 [email protected]

Jason Child*Vice President 416 495 6249 [email protected]

Mike Czestochowski**Executive Vice President 416 495 6257 [email protected]

CBRE Limited2005 Sheppard Ave E,

Suite 800Toronto, Ontario, M2J 5B4

www.cbre.ca/mclsg

*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 10/17

CONFIDENTIALITY AGREEMENT

Potential purchasers that require access to the online document centre are to complete the CA and return it to:

DOCUMENT CENTRE

• Draft Development Concept• Parcel Survey• Heritage Agreement• Final 2017 Realty Tax Bill• Phase 2 Environmental Report

All offers are to be submitted to:

Lauren DoughtyVice President [email protected]

OFFER SUBMISSIONS

CBRE Limited2005 Sheppard Ave E, Suite 800 Toronto, Ontario, M2J 5B4

OFFERING PROCESS

GREEN LANE E

2ND CONCESSION RD

SHARON VILLAGE

ANCHOR WOODS

OFFER SUBMISSION DATE

TUESDAY, NOVEMBER 28, 2017 BY 12:00PM EST

located within the green lane secondary plan area

Documents