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CHURCH STREET
CORNER RETAIL INVESTMENT OPPORTUNITY
500
F U L LY L E A S E D R E TA I L F O R S A L E
PROPERTY OVERVIEW
INVESTMENT HIGHLIGHTS
OFFERS DUE ON OR AFTER THURSDAY AUGUST 8th, 2019
ASKING PRICE: $6,250,000
500 Church Street comprises 6,325 sq. ft. of fully leased ground floor retail space, on a prime corner of Church and Alexander Street. The Property is a freehold parcel under a condominium. The Property is steps from the popular Church Street retail stretch, Ryerson University and one of the most prominent Loblaws in the country.
• 100% leased corner property on prime stretch of Church Street
• Under market rent with near term upside potential
• Bank of Montreal represents 56% of contractual base rent
• High levels of population growth in the immediate area
• 100% ground floor retail space
CBRE LIMITED 500 CHURCH STREET
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Greenrock R
eal Estate AdvisorsC
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eal EstateA
dvisors
VersionFP1A
Measured:
05/04/2018
500 Church Street
Toronto,Ontario,C
anada
Floor 01 Retail
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Created:
05/11/2018
BEN'S DENBARBERSHOP
VAPE 29HAWAII POKEBMO
SITE PLANA
LEX
AN
DER
ST
REE
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CHURCH STREET
3,370 SF 1,116 SF 1,102 SF 737 SF
CBRE LIMITED 500 CHURCH STREET
LOCATION OVERVIEW
CHU
RCH
STRE
ET
WELLESLEY STREET
YON
GE S
TREE
T
WELLESLEY SUBWAYSTATION
MAITLAND STREET
ALEXANDER STREET
WOOD STREET
CARLTON STREET
GRANBY STREET
MCGILL STREET
KINKA IZAKAYA
BOUTIQUE BAR
CREWS & TANGOS
O’GRADY’S
LOADED PEROGIES
PIZZA NOVA
THE BODY SHOP
SECOND CUP
CALIFORNIA
BASKIN ROBBINS
REXALL TD
MICK E FYNN’S
LOBLAWS/LCBO/JOE FRESH
MATTAMY ATHLETIC CENTRE
PRIVATE RESIDENCES
A&W
FLEETS FOOD
ASSEMBLI
SCHOOL
THE CHURCHMOUSE PUB
CHURCH STREET GARAGE
STARBUCKS
HERO BURGER
FRESHII
RBC
GLAD DAYSAMBUCAS ON CHURCH
THE UPS STORE
NORTH OF BROOKLYNWOODY’S
FLIGHT CENTRE
SALON ONE
HAIR OF THE DOG
STANLEY CONDOUNDER CONSTRUCTION471 UNITS
M
500 CHURCH STREET
Average Household Income*
Daytime Population*
$130,794 708,678
*Within a 3km Radius of 500 Church St
500 Church Street is centrally located in downtown Toronto, in the heart of the popular Church & Wellesley Village, neighbouring Ryerson University. It is located within a few minutes walk to both Wellesley and College Subway stations and seconds from a 506 College Streetcar stop.
The site benefits from it’s location within Toronto’s Church Wellesley Village or “The Village”. The Village is a popular and lively neighbourhood all year around known for it’s cafes, restaurants, shops and nightlife, and every June hosts Pride Month, where hundreds of thousands of people flock to the neighbourhood making it one of the largest pride festivals in the world.
500 Church also benefits greatly from its proximity to Ryerson University. Distinctly urban, culturally diverse and inclusive, the university is home to over 45,000 students, including 2,300 master’s and PhD students and nearly 2,700 faculty and staff. Ryerson’s Athletic Centre (formally the Maple Leaf Gardens) is located steps from the site and features a full-sized 2,539 seat arena, basketball and volleyball courts, and a gym. All of Ryerson’s home game sporting events take place here, as well as galas and other events that are open to the public. Below the athletic centre is an 85,000 sq. ft. Loblaws, Joe Fresh and an LCBO.
The site is located in a rapidly growing neighbourhood. There are currently 14 condominium buildings under construction, and an additional 15 in the pre-construction phase in the immediate vicinity of 500 Church Street.
CBRE LIMITED 500 CHURCH STREET
YON
GE S
TREE
T
MU
TUAL
STR
EET
YON
GE S
TREE
T
CHU
RCH
STRE
ET
WELLESLEY STREET
CARLTON STREET
GRANBY ST
Mc GILL ST
StarbucksMarshalls
Reds Wine Tavern
Bed Bath & Beyond
MUJIForever 21
Nordstrom
Winners
Starbucks
Kinka IzakyayaKinton Ramen
Body Shop Pizza Nova
Loaded Perogi
O’Grady’s
Starbuck’s
Firkin Pub
A&W
FreshiiWine Rack
Adidas
Winners
Met
ro
Cine
plex
Jack
Ast
ors
Good
life
Fitn
ess
Mile
ston
es
Ryerson University
Second CupTD Bank
Rexall
Ryerson Atheletic Centre
LoblawsJoe Fresh
LCBO
ALLEN GARDENS
EATON CENTRE
GERRARD STREET
DUNDAS STREET
JARV
IS S
TREE
T
SHER
BOU
RNE
STRE
ET
1
6
7
8
9
2
3
4
510
11
12
13
20 14 15 21
22 25
23
24
26
27
28
16
17
18
19
500 CHURCH
Condominium Units/Stories
Status
1 280 Jarvis Street 306 units25/10 storeys Pre-Construction
2 308 Jarvis Street 470 units34 storeys Pre-Construction
3 Stanley Condominiums
537 units41 storeys Under Construction
4 Axis Condominium 541 units38 storeys Under Construction
5 2 Carlton 1046 units73 storeys Pre-Construction
6 YSL 1106 units85 storeys Pre-Construction
7 Grid Condos 568 units50 storeys Under Construction
8 Dundas Square Gardens
1004 units50/19 storeys Under Construction
9 in.DE Dundas East & Jarvis Condo
205 units21 storeys Pre-Construction
10 YC Condos 639 units62 storeys Under Construction
11 Halo Residences 451 units38 storeys Under Construction
12 TeaHouse 501Condominiums
832 units52/25 storeys Under Construction
13 Wellesley on the Park
739 units60 storeys Under Construction
14 VOX Condos 337 units35 storeys Under Construction
YSL RESIDENCES
OVER 17,400 NEW CONDOMINIUM UNITS UNDER-CONSTRUCTION OR IN THE PRE-CONSTRUCTION PHASE IN THE IMMEDIATE VICINITY OF 500 CHURCH STREET
Condominium Units/Stories
Status
15 50 at Wellesley Station
365 units37 storeys Under Construction
16 8 Elm 469 units80 storeys Pre-Construction
17 Eaton Chelsea Redevelopment
1,897 units4 towers Pre-Construction
18 415 Yonge Street(Rental)
450 units61 storeys Pre-Construction
19 475 Yonge Street 1,274 units58/48 storeys Pre-Construction
20 10 Wellesley St W 466 units64 storeys Pre-Construction
21 552 Church Street 442 units39 storeys Pre-Construction
22 Eighty One Wellesley
179 units28 storeys Under Construction
23 Prime Condos 579 units45 storeys Pre-Construction
24 295 Jarvis Street 351 units36 storeys Pre-Construction
25 159SW Condos 360 units36 storeys Under Construction
26 Menkes 60 Shuter Street
320 units29 storeys Under Construction
27 Panda Condos 555 units30 storeys Pre-Construction
28 Social Condos 662 units52 storeys Pre-Construction
29 Alter 337 units33 storeys Under Construction
CBRE LIMITED 500 CHURCH STREET
AREA CONDO DEVELOPMENTS
AXIS CONDOS TEAHOUSE 501
BMO BEN’S DEN
VAPE29HAWAII POKE
CBRE LIMITED 500 CHURCH STREET
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 Infor-mation. 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.
Arlin Markowitz*Senior Vice President
416 815 2374 [email protected]
Alex Edmison*Vice President
416 874 7266 [email protected]
Brett TaggartSales Represenative
416 495 6269 [email protected]
Brad WalfordVice President
416 495 [email protected]
Sean ComiskeyVice President
416 495 [email protected]
*Sales Representative**Broker
CONTACT
