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Q3 2019 SOUTH ETOBICOKE TERRITORY REPORT TREB ZONES W06 | W07 | W08 | W09 Prepared by: Local Expertise. International Reach. World Class. Jake Mondrow Senior Associate Sales Representative 416.628.8146 [email protected] AVERAGE ASKING RATE PSF NET $13.00 29,400,000SF 6.60% 12 MONTH CHANGE NET RENT BUILDINGS FOR SALE 15 $2.1M AVERAGE SALE PRICE PER ACRE AVERAGE SALE PRICE PSF $225 VACANCY RATE 1.12% leetoronto.com Industrial Real Estate Market Indicators – South Etobicoke Lee & Associates Commercial Real Estate Inc. No warranty or representation, expressed or implied, is made as to the accuracy 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 specific listing condition, imposed by our principals. Copyright @ 2019 Lee & Associates Commercial Real Estate Inc. All rights reserved. LEE & ASSOCIATES COMMERCIAL REAL ESTATE INC.

SOUTH ETOBICOKE TERRITORY REPORT · This was a direct sale that was not on MLS. SOLD: 169-175 The West Mall. 50,485 SF. Sold for $6,000,000 | $119 per SF. This was a direct sale that

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Page 1: SOUTH ETOBICOKE TERRITORY REPORT · This was a direct sale that was not on MLS. SOLD: 169-175 The West Mall. 50,485 SF. Sold for $6,000,000 | $119 per SF. This was a direct sale that

Q3 2019 SOUTH ETOBICOKETERRITORY REPORT

TREB ZONES W06 | W07 | W08 | W09

Prepared by:

Local Expertise. International Reach. World Class.

Jake Mondrow Senior AssociateSales [email protected]

AVERAGE ASKINGRATE PSF NET$13.00 29,400,000SF 6.60%

12 MONTH CHANGENET RENT

BUILDINGS FOR SALE15 $2.1M

AVERAGE SALE PRICE PER ACRE

AVERAGE SALE PRICE PSF$225

VACANCYRATE

1.12%

leetoronto.com

Industrial Real Estate Market Indicators – South Etobicoke

Lee & Associates Commercial Real Estate Inc. No warranty or representation, expressed or implied, is made as to the accuracy 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 specific listing condition, imposed by our principals. Copyright @ 2019 Lee & Associates Commercial Real Estate Inc. All rights reserved.

LEE & ASSOCIATES COMMERCIAL REAL ESTATE INC.

Page 2: SOUTH ETOBICOKE TERRITORY REPORT · This was a direct sale that was not on MLS. SOLD: 169-175 The West Mall. 50,485 SF. Sold for $6,000,000 | $119 per SF. This was a direct sale that

FOR SALE OR LEASE

FOR SALE: 25-27 Coronet RoadConstruction: 22 Commercial condos from 1,000 sf to 3,188 sf Drive-in shipping doors 10’MLS ID : W4607359 Listed by CPM Realty Corporation. Data Provided By Canadian Real Estate Association

FOR SALE: 170 N Queen Street81,450 SF | Plaza with 8 Tenants, 4 are Anchor Tenants Listing brokerage requires a signed NDA to disclose price and marketing package, Listed by Jones Lang Lasalle Real Estate Services Inc. Not on MLS

FOR SALE: Off Market Opportunity 10,000 SF | Lot size approx. 16,000 SFAutomotive building with a portion of outside parking

FOR LEASE: 10 North Queen Street A41,436.49 SFAsking $6.95 Net per SF | $3.50 T.M.I per SFMLS ID : W4553504 Listed by Colliers MacCauley Nicolls Ontario Inc. Data Provided By Canadian Real Estate Association

FOR LEASE: 345 Horner Avenue10,090 SFAsking $11.75 Net per SF | $4.00 T.M.I per SFMLS ID : W4510785 Listed by CBRE Ltd. Data Provided By Canadian Real Estate Association

SOUTH ETOBICOKEFOR SALE: 75-77 Fima Crescent214,518 SFAsking $38,613,060 | $180 per SFMLS ID : W4523502 Listed by CBRE Ltd. Data Provided By Canadian Real Estate Association

AVAILABLE PROPERTIES

FOR LEASE: 26 Belvia Road6,000 SFAsking $12.00 Net per SF & T.M.I to be determinedMLS ID : W4570468 Listed by CBRE Ltd. Data Provided By Canadian Real Estate Association

Disclaimer: This letter is not intended to solicit any currently listed property or Buyers under contract.

leetoronto.com

Page 3: SOUTH ETOBICOKE TERRITORY REPORT · This was a direct sale that was not on MLS. SOLD: 169-175 The West Mall. 50,485 SF. Sold for $6,000,000 | $119 per SF. This was a direct sale that

SOLD: 121 30th Street220,433 SFSold for $14,250,000 | $65 per SFThis was a direct sale that was not on MLS

SOLD: 169-175 The West Mall50,485 SFSold for $6,000,000 | $119 per SFThis was a direct sale that was not on MLS

SOLD: 234 Birmingham Street20,000 SFSold for $3,445,000 | $172 per SFMLS ID : W4361275 Listed by Re/max West Realty Inc. Data Provided By Canadian Real Estate Association

SOLD (Conditional): 1 Whitlam Avenue6,570 SF | Asking $450 per SFsold conditional until November 03, 2019MLS ID : W4544337 Listed by CBRE Ltd. Data Provided By Canadian Real Estate Association

SOLD (Conditional): 7 Belvia Road3,368 SF | Asking $445 per SF Sold conditional until October 25, 2019MLS ID : W4523178 Listed by Royal Lepage Porritt Real Estate. Data Provided By Canadian Real Estate Association

LEASED: 1400 The Queensway9,300 SF Leased at $5,500/month gross rent | $7 gross per SFMLS ID : W4536875 Listed by United Century Real Estate Limited. Data Provided By Canadian Real Estate Association

LEASED: 26 Belvia Road5,995 SFLeased at $9.00 Net per SF | $4.50 T.M.I per SFMLS ID : W4472171 Listed by Intercity Realty Inc.. Data Provided By Canadian Real Estate Association

SOLD OR LEASEDSOUTH ETOBICOKE

COMPLETED TRANSACTIONS

Disclaimer: This letter is not intended to solicit any currently listed property or Buyers under contract.

leetoronto.com

Page 4: SOUTH ETOBICOKE TERRITORY REPORT · This was a direct sale that was not on MLS. SOLD: 169-175 The West Mall. 50,485 SF. Sold for $6,000,000 | $119 per SF. This was a direct sale that

LEE & ASSOCIATES COMMERCIAL REAL ESTATE INC. | 2810 Matheson Blvd E, Suite 310 | Mississauga, ON L4W 5J8 | 416.619.4400

Information contained in this report has been obtained from sources deemed reliable, but no warranty is made as to the accuracy thereof. Certain information may be forward looking in nature. All information is submitted subject to error and omission, as well as change in availability. All rights are reserved, and any use, re-use or

distribution of this report without the express written permission of Lee & Associates Toronto is strictly prohibited.

Prepared by:

Jake Mondrow Senior AssociateSales [email protected]

leetoronto.com