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DANNY SHVARTSMAN *
INVESTMENT PROPERTIES
416 495 6204
CBRE Limited
2005 Sheppard Ave E, Suite 800
Toronto, Ontario
M2J 4Z8
*Sales Representative
NATE PACE *
LAND SERVICES GROUP
416 495 6246
Capital Markets | Investment Properties
2007 EGLINTON AVENUE EAST • TORONTO • ON
RETAIL INVESTMENT AND DEVLOPMENT OPPORTUNITY
IN
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FOR SALE
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1. Investment Highlights
2. Area Overview
3. Survey
4. Zoning
5. Planning and Land Use
6. Lease Overview
7. Demographic Profile
8. Offering Process
For more information, please contact:
DANNY SHVARTSMAN
INVESTMENT PROPERTIESSales Representative
416 495 6204
www.cbre.ca/danny.shvartsman
CBRE Limited
2005 Sheppard Ave. E., Suite 800
Toronto, ON, M2J 4Z8
www.cbre.ca
TABLE OF CONTENTS
NATE PACE
LAND SERVICES GROUPSales Representative
416 495 6246
www.cbre.ca/mclsg
OFFERING OVERVIEW AND INVESTMENT HIGHLIGHTS2
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LOT AREA 0.48 ac.
LOT DIMENSIONS175 ft. frontage
120 ft. depth
ZONINGMDC (Employment Districts Zoning
By-Law 24982)
TAXES $35,471 (2016)
BUILDING SIZE 4,000 sq. ft.
BASEMENT None- built slab on grade
HVAC Rooftop, gas
ROOF Flat
PARKING 41
ENVIRONMENTAL Not available
MORTGAGE Treat as clear
PRICE $3,000,000
CURRENT NOI Call for details
LEASE TYPE NNN
LEASE EXPIRATION Call for details
RENEWAL OPTIONS NONE
INVESTMENT HIGHLIGHTS
CBRE Limited is pleased to offer for sale a freehold interest in the property located at 2007 Eglinton Avenue East, in the City of
Toronto (the “Property”), situated on the south side of Eglinton Avenue East, just east of Warden Avenue. The Property is presently
improved with 4,000 sq. ft., single tenant, freestanding restaurant, leased on a triple-net, carefree basis.
The Property offers investors and developers a dependable interim income stream, with a short-term lease expiry, that would allow
for a value-add and the realization of the inherent value of the land due to its location within the Golden Mile Secondary Plan Study
Area and along the planned Eglinton Crosstown LRT route.
THE OFFERING
WITHIN GOLDEN MILE
SECONDARY PLAN STUDY AREA
ALONG EGLINTON
CROSSTOWN LRT
SUROUNDING LARGE SCALE
DEVELOPMENT PROPOSAL
NNN, CAREFREE LEASE
Planned
Birchmount
LRT Station
AREA OVERVIEW2
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SUBJECT
PROPERTY
Golden Mile
Secondary Plan
Study Area
Riocan Lands,
Application for
over 4,000
condominium units
Owned by
Scotiabank
Owned by
Scotiabank
Owned by
DREAM
4
All outlines are approximate
Planned
Golden Mile
LRT Station
Golden Mile
Secondary Plan
Study Area
Riocan Land
Application
Over 4,000
condominium units
SURVEY2
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ZONING
SUBJECT
PROPERTY
The property’s zoning allows for the following permitted uses:
• Restaurants;
• financial institutions;
• offices;
• places of worship;
• vehicle service garages and stations
• barber shops;
• mechanical and automatic car washes; and
• day nurseries.
ZONING BY-LAW 24982 | Industrial District Commercial Zone
MDC
PLANNING AND LAND USE2
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PROVINCIAL POLICY
The Site is subject to the Provincial Policy Statement (2005 and 2014) and the Growth Plan for the Greater Golden
Horseshoe (2006). These statutory documents direct and support growth to the built-up area, especially in areas
with existing municipal infrastructure, and to those locations in proximity to existing and planned transit. Pursuant to
the Growth Plan, the Site is within an Intensification Area as it is located in a Major Transit Station Area (i.e. within
500 meters of a planned higher order transit station), and should therefore be a focus for intensification.
GOLDEN MILE SECONDARY PLAN STUDY
The Property falls within The Golden Mile Secondary Plan Study area. The Golden Mile Secondary
Plan Study will develop a vision and comprehensive planning framework for the Golden Mile area. The
Golden Mile Secondary Plan Study is intended to be a two year study that will be beginning later this
year with an intended completion date in the third quarter of 2018.
SUBJECT
PROPERTY
8
OFFICIAL PLAN
SUBJECT
PROPERTYSUBJECT
PROPERTY
TORONTO OFFICIAL PLAN | LAND USETORONTO OFFICIAL PLAN | URBAN STRUCTURE
The property is designated as General Employment Areas within the Toronto Official Plan through
Official Plan Amendment 231. A broad and inclusive array of employment uses are permitted. A range
of retail, service and restaurant uses are also permitted to serve the workers in Employment Areas and
to act as a buffer between industries in the interior of Employment Areas and nearby residential areas.
LEASE OVERVIEW2
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LEASE ABSTRACT RENT SCHEDULE
Please call
Listing Agent
for details
ADDRESS
TENANT
GUARANTOR
COMMENCEMENT DATE
EXPIRATION DATE
LEASE TERM REMAINING
RENEWAL OPTIONS
CURRENT RENT
RENTALBLE AREA
LEASE STRUCTURE
PROPERTY TAXES
INSURANCE
UTILITIES
ROOF
YEARS ANNUAL NET RENT MONTHLY NET RENT
10
DEMOGRAPHIC PROFILE
1 KM
3 KM
5 KM
1 KM
RADIUS
3 KM
RADIUS
5 KM
RADIUS
Total Population 5,709 118,629 318,662
Population-at Home 4,890 69,741 194,252
Population-at Work 819 48,888 124,410
Total Households 3,533 47,975 136,276
Total Businesses 95 2,712 7,563
Avg. Household Income (Estimated) $61,201 $71,045 $75,988
Population by Age (0-19) 24% 22% 22%
Population by Age (20-34) 25% 22% 21%
Population by Age (35-64) 40% 41% 42%
Population by Age (65+) 11% 15% 15%
Owned Dwellings 30% 54% 53%
Rented Dwellings 70% 46% 47%
OFFERING PROCESS
OFFERING PROCESS
The Seller has retained CBRE Limited (“CBRE”) on an exclusive basis to offer for sale the
Property located at 2007 Eglinton Avenue East, Toronto (the “Property”).
Site Visits
Property tours will be conducted by private appointment and should be coordinated
through the Listing Agent.
Additional Information
All inquiries regarding the Property or any information contained in this Investment
Summary should be directed to the Listing Agent.
Offer Submission Guidelines
The Seller invites interested parties to submit an offer to purchase the Property on the
Seller’s form of offer, to be provided by the Listing Agent to prospective buyers upon
request.
Offers will be presented to the Seller upon receipt by CBRE. All offers should be
delivered or, preferably, sent via email to:
Attn: Danny Shvartsman
CBRE Limited
2005 Sheppard Ave E, Suite 800
Toronto ON M2J 4Z8
Sale Conditions
The Property and all fixtures, chattels and equipment (if any) are to be purchased on an
“as is, where is” basis and there is no warranty, expressed or implied, as to title,
description, condition, cost, size, merchantability, fitness for purpose, quantity or quality
thereof. Any information related to the Property which has been or may be obtained
from the Seller, CBRE or any other person, by a prospective buyer, will have been
provided solely for the convenience of the prospective Buyer and will not be warranted
to be accurate or complete and will not form part of the terms of an Agreement of
Purchase and Sale.
Obligations of the Seller
The Seller is under no obligation to respond to or accept any purchase proposal for the
Property. The Seller may engage in further negotiations with any interested party
following submission of an offer and may request clarification, further information or a
further submission from such interested party.
GENERAL PROVISIONS
This Investment Summary and other materials (collectively the “Offering Records”) have
been prepared by CBRE and are being delivered to prospective buyers to assist them in
deciding whether they wish to acquire the Property. The Offering Records do not purport
to be all-inclusive or to contain all the information that a prospective buyer may require
in determining whether or not to purchase the Property. The Offering Records are
presented for information and discussion purposes only and does not constitute an offer
to sell or the solicitation of any offer to buy the Property.
The information on which Offering Records are based has been obtained from various
sources considered to be reliable. The Seller and CBRE make no representations,
declarations or warranties, express or implied, as to the accuracy or completeness of the
information or statements contained herein or otherwise and such information should
not be relied upon by prospective buyers without independent investigation and
verification. The Seller and CBRE expressly disclaim any and all liability for any errors or
omissions in this Investment Summary or any other written or oral communication
transmitted or made available to prospective buyers.
If any information relating to the Property, in addition to the information provided in this
Investment Summary, is provided at any time, orally or otherwise, by the Seller or CBRE,
such information is provided as a convenience only, without representation or warranty
as to its accuracy or completeness. Prospective buyers should not rely on such
information without independent investigation and verification.
CONFIDENTIALITY
Prospective buyers will not use, or permit the Offering Records or any material provided
electronically to be used, in any manner detrimental to the interests of the Seller or for
any other purpose than a proposed purchase of the Property.
The terms and conditions in this section with respect to confidentiality and the disclaimer
contained herein will relate to all sections of the Investment Summary as if stated
independently.
The Investment Summary is made available to prospective buyers for information
purposes only and upon the express understanding that such prospective buyers will use
it only for the purposes set forth herein. Upon request, the recipient will promptly return
all material received from the Seller and CBRE (including the Investment Summary)
without retaining any copies thereof. In furnishing the Offering Records, the Seller and
CBRE undertake no obligations to provide the recipient with access to additional
information and retaining any copies thereof.
DANNY SHVARTSMAN*
INVESTMENT PROPERTIES
416 495 6204
CBRE Limited
2005 Sheppard Ave E, Suite 800
Toronto, Ontario
M2J 4Z8
*Sales Representative
NATE PACE*
LAND SERVICES GROUP
416 495 6246
20
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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: Canadian Mapping Services
[email protected]; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
