LANDSPECIALISTS

DAVIS DRIVE

DAVIS DRIVE

MAIN STREET N

MAIN STREET N

415 DAVIS DRIVE2.5 ACRES

3 HOUSES ON SITE

415 DAVIS DRIVENEWMARKET, ONTARIO

RAPIDWAYVIVA

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DAVIS DRIVEDAVIS DRIVE

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300300m TO THE GO STATIONm TO THE GO STATION

CBRE Limited is pleased to offer this 2.47-acre parcel of land located at 415 Davis Drive in Newmarket, Ontario (the “Site”). The Site sits at one of Newmarket’s highest exposure and highest traffic locations on the northwest corner of Main Street and Davis Drive. Main Street N and Main Street S are separated by Davis Drive - the Main Street South corridor has been subject to substantial gentrification over the past decade and Davis Drive is designated as a Regional Corridor that is planned for significant redevelopment and added density in Newmarket’s Urban Centres Secondary Plan. The Davis Drive Regional Corridor has already undergone major improvements, such as the completion of the Viva Rapidway project along Davis Drive, pedestrian-friendly boulevards, improved greenspaces, updated utilities, and modern pedestrian amenities.

The Site is designated Mixed Use and Open Space in the Secondary Plan and is within Newmarket’s Mobility Hub highlighted by the fast, reliable and efficient transit options that serve both local and regional connectivity. Provincial policy promotes intensification for sites that are located nearest transit. The Newmarket GO Station is located less than 300 meters away.

Located one kilometer to the west is 175 Deerfield Road, which is Site Plan Approved for a multi-tower, phased residential development with more than 500 units, by Rose Corporation. Phase 1 consists of 219 units that were released in 2019 with the majority of the units now sold.

This offering presents a rare opportunity to acquire one of Newmarket’s best-located properties with tremendous upside potential.

THE OFFERING EXCELLENT TRANSIT CONNECTIVITY

PERMITTED USES

• Agricultural Use• Conservation Use • Park• Private Park• Outdoor Recreation Facility• Recreational Trails• Accessory Refreshment Pavilion• Accessory Buildings & Structures

OS-2 - OPEN SPACE:

• Dwelling Unit, Accessory• Dwelling Unit, Detached• Bed & Breakfast Establishment• Home Occupation• Private Home Daycare• Group Home• Accessory Residential Structures

PERMITS RESIDENTIAL DEVELOPMENT USES (R1-D):SS-7 - SITE SPECIFIC:

DEVELOPMENTPOTENTIAL

$117,061.80ANNUAL INCOME

EXCELLENTLOCATION

Size ±2.47 acres

Frontage ± 515 feet on Davis Drive

Depth ± 119 feet on Main Street North

Official Plan Urban Growth Centres & Corridors

Mixed Use; Open Space; Flood Plain

Mobility Hub Study Area

Zoning Site Specific - SS-7Open Space - OS-2

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• Multiple unit residential buildings, including apartments and townhouse dwellings, and special needs housing;

• A mix and range of residential unit sizes and tenures; • Home-based businesses and live/work uses; • Institutional uses, including schools, day care and group

homes and places of worship; • Community uses such as libraries, community centres,

or similar uses or public services designed to serve the community at large;

• Parks, open space, and urban squares and plazas; • Commercial uses including retail stores, service shops,

restaurants, and office uses; • Private and public parking; • Hotels and associated facilities; and • Arts and cultural establishments.• Places of entertainment• Post-secondary education facilities

URBAN CENTRES SECONDARY PLANMIXED USE:

RAPIDWAYVIVA

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NEWMARKETGO TRAINSTATION

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*Sales Representative | All Outlines ApproximateThis 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 01/20

CBRE Limited2005 Sheppard Ave E,

Suite 800Toronto, ON · M2J 5B4www.cbre.ca/child-hunt

JASON CHILD*Senior Vice President T +1416 495 6249 jason.child@cbre.com

IAN HUNT*Senior Vice President T +1 416 495 6268 ian.hunt@cbre.com

DANIEL SATOORSales Representative T +1 416 495 6203 daniel.satoor@cbre.com

TOREY FERRELLISales Representative T +1 416 495 6246 torey.ferrelli@cbre.com

LANDSPECIALISTS

No. ADDRESS DATE PRICE ACRES $/ACRE SELLER BUYER LAND USE COMMENTS

201, 211 & 221 Davis

Drive10/15/2019 $3,900,000 1.23 $3,165,584

Ronalbin Inc. (Robin Leibel)

Mosaik Homes (Rob Vitullo)

Urban Centres and Corridors

Zoning classifies property as Mixed Use 1

345 & 351 Davis Drive 8/29/2019 $3,500,000 0.73 $4,801,097Goodhouse Group (Xiao

Feng Wu)Neuhaus Developments

(Khalid Yusuf)Urban Centres and

CorridorsZoning classifies property as Mixed Use 1

713 Davis Drive 3/1/2018 $5,000,000 0.78 $6,426,735403483 Ontario Limited

(Sai Kui Lee)Briarwood (Nwmkt) Inc.

(Enzo Digiovanni)Urban Centres and

Corridors

Located in Regional Healthcare Urban Centre; zoned UC-HC1 - Mixed Use with emphasis on health care; improved

with larger 3 storey office building

175 Deerfield Road 2/15/2018 $9,500,000 4.55 $2,086,995Bridon Baker

Developments Inc. (Brian Baker)

The Rose Corporation (Martin Simon)

Urban Centres and Corridors

Located in Regional Urban Centre; zoned UC-R - Mixed Use; rezoning and site plan under review for 3 phases, 15 storey res condo (174 units), another 15 storey (168 units),

and 9 storey (120 units); Price PSF Buildable = $19

693 Davis Drive 10/20/2017 $3,600,000 0.78 $4,621,309Maple Drywall Inc. (Rob

Bucci)Briarwood (Nwmkt) Inc.

(Enzo Digiovanni)Urban Centres and

Corridors

Distress - Power of Sale; included as it is in the same UC zone as the subject; zoned UC-HC1 - Mixed Use with

emphasis on health care

1015, 1025 & 1029

Davis Drive10/2/2017 $6,400,000 1.39 $4,601,006 Individual

Lulu Holdings Inc. Shirali Kianian-Bigdeli

Stable ResidentialZoned R1-C, Residential Detached; improved with three

single detached dwellings

17837 Yonge Street 6/29/2017 $2,440,000 0.53 $4,647,619Wrock & Associates

(Charles Wrock)2559621 Ontario Inc.

(Afarin Maleki Raei)Urban Centres and

CorridorsLocated in Yonge Street Regional Corridor; zoned UC-R

- Mixed Use

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ASKING PRICE: $4,900,000

COMPARABLE SALES

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7 Upper Canada Mall

Chapters

Canadian Tire

Staples

The Home Depot

Winners

HomeSense

Walmart

Michaels

Costco

Best Buy

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SilverCity Cinemas

Party City

Moxie’s Grill & Bar

The Pickle Barrel

Crows Nest

Made in Mexico

Tim Hortons

Montana’s

Starbucks

Taka Sushi

Newmarket GO Train Station

Davis Drive VIVA Rapidway WB Stop

Davis Drive VIVA Rapidway EB Stop

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Southlake Regional Health Centre

Huron Heights Secondary School

Newmarket Public Library

Maple Leaf Public School

Dr. JM Denison Secondary School

Denne Public School

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AMENITIES

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THE SITE

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This disclaimer shall apply to CBRE Limited, Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein (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.

THE SECTION BELOW MUST BE COMPLETED IN FULL PRIOR TO ANY INFORMATION BEING RELEASED.

Proponent Name __________________________ ______________________

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Company

Email Address

Phone Number

Date Signed

Approved

Representative/Advisor

Company

Email Address

Phone Number

Date Signed

Approved ________________________

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To Receive the Due Diligence Package Please Co mplete and Return to allison.conetta@cbre.com

CONFIDENTIALITY AGREEMENT FOR 415 DAVIS DRIVE, NEWMARKET

The undersigned hereby acknowledges that CBRE Limited (“CBRE”); through Jason Child, Ian Hunt, and Daniel Satoor have been retained by the Vendor on an exclusive basis to arrange the sale of 415 Davis Drive, Newmarket (the “Property”). All Inquiries and communications with respect to the property shall be directed to any of the above listing agents of CBRE. We have requested from the Vendor and CBRE, information, including confidential and proprietary information, which has not been generally disclosed to the public, for use in evaluating a potential purchase of the Property.

In exchange for good and valuable consideration provided by the Vendor and CBRE, including, without limitation, the receipt and sufficiency of which is hereby acknowledged, we agree to keep confidential any and all information supplied to us concerning the Property that is not a matter of public record and not to utilize any such information for our own benefit (or for the benefit of anyone else) other than for the evaluation of the Property with respect to a potential purchase.

We understand that we may transmit any such information to partners, officers, directors, employees or legal or financial advisors (collectively, “representatives”) but only to the extent that they need to know such information for the purpose of such evaluation. We undertake to inform such representatives of the confidential nature of such information and that they will be bound by the terms of this Agreement. We agree to be responsible for any breach of this Agreement by our representatives. We agree that any legal, financial or any other third party advisors that are retained by us, to act on our behalf, will be compensated by us. This shall include outside brokers.

We acknowledge that information being delivered to us with respect to the Property is subject to the limitations on liability and disclaimers for the protection of the Vendor and CBRE.

We agree to indemnify and save harmless the Vendor and CBRE from any claims, losses, damages and liabilities whatsoever (including legal fees on a substantial indemnity basis and disbursements) arising out of a breach by us or any of our representatives of any of the terms or other provisions of this Agreement. CBRE and the Vendor also reserve the right not to release information.

The Buyer agrees to continue to work through CBRE Limited for the above mentioned property including offers within 12 months after the expiration of the Listing Period, so long as the Buyer wishes to make any offer within said timeframe and the Buyer was introduced to the Property during the Listing Period or shown the Property during the Listing Period, which the Buyer has acknowledged by signing below.

The Buyer agrees that any and all communication with regards to this property shall be done so through CBRE. The Buyer and or their representative will not at any time contact the vendor directly.

CBRE is exclusively representing the Vendor and will not act on behalf of any potential purchasers. With the execution of this Confidentiality Agreement, the undersigned acknowledges that they are undertaking this investigation of the Property at their sole risk and expense and that under no circumstances will any amounts expended by the undersigned for its due diligence investigation or review be paid or reimbursed by the Vendor or CBRE. A fax or scan of a signed copy, or an electronic submission, of this Agreement shall be deemed to be an original signed copy.

(I agree to all statements listed above)(I agree to all statements listed above)

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