for sale the lanes retail condos · retail condos 1401 o’connor drive toronto investment...

8
THE LANES RETAIL CONDOS 1401 O’CONNOR DRIVE TORONTO, ONTARIO Sean Comiskey* Vice President Retail Investment Group 416 495 6215 [email protected] Brad Walford* Vice President Retail Investment Group 416 495 6241 [email protected] Brett Taggart Sales Representative Retail Investment Group 416 495 6269 [email protected] CBRE Limited, Brokerage Toronto North Office 2005 Sheppard Avenue East Suite 800, M2J 5B4 T 416 494 0600 F 416 494 6435 FOR SALE FOR MORE INFORMATION CONTACT: *Sales Representative

Upload: others

Post on 17-Jul-2020

0 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: FOR SALE THE LANES RETAIL CONDOS · retail condos 1401 o’connor drive toronto investment highlights ideally situated between residential and employment nodes rare opportunity for

THE LANES RETAIL CONDOS1401 O’CONNOR DRIVETORONTO, ONTARIO

Sean Comiskey* Vice President Retail Investment Group 416 495 6215 [email protected]

Brad Walford* Vice President Retail Investment Group 416 495 6241 [email protected]

Brett Taggart Sales Representative Retail Investment Group 416 495 6269 [email protected]

CBRE Limited, Brokerage TorontoNorthOffice 2005 Sheppard Avenue East Suite 800, M2J 5B4 T 416 494 0600 F 416 494 6435

FOR SALE

for more information contact:

*Sales Representative

Page 2: FOR SALE THE LANES RETAIL CONDOS · retail condos 1401 o’connor drive toronto investment highlights ideally situated between residential and employment nodes rare opportunity for

The Lanes retail Condos

1401 o’connor drivetoronto

INVESTMENT HIGHLIGHTS

IDEALLY SITUATED BETWEEN RESIDENTIAL AND EMPLOYMENT

NODES

RARE OPPORTUNITY FOR END-USERS

VARIOUS SIZES AND CONFIGURATIONS AVAILABLE

HIGH TRAFFIC CORNER LOCATION IN EAST

YORK

SUBJECT PROPERTY

TOPHAM PARK

EGLINTON TOWN CENTRE

WARDEN STATION

VICTORIA PARK STATION

Page 3: FOR SALE THE LANES RETAIL CONDOS · retail condos 1401 o’connor drive toronto investment highlights ideally situated between residential and employment nodes rare opportunity for

Location overview

East York is a section within the regional municipality of Toronto and makes up part of the Greater Toronto Area in Southern Ontario. Located 15 km outside the downtown core this community is accessible by the Don Valley Parkway, a major north-south arterial as one of Toronto’s busiest commuter highways.

Before amalgamation with Toronto in 1998, East York was Canada’s only semi-autonomous borough as it separates the Don River from the former City of Toronto. The municipality borders Scarborough to the east, Old Toronto to the west, and North York to the north.

East york O’Connor-Parkview NeighborhoodThe Subject Property resides in the O’Connor-Parkview neighbourhood. For many years East York has held the distinction of having the highest population of senior citizens in Metropolitan Toronto. These demographics are changing as many young families and home buyers are moving into this neighbourhood.

Growth in this region is also credited to new developments breaking ground throughout the east end including Oakridge, Birch Cliff, Danforth Village and the Upper Beaches. O’Connor-Parkview is known for it’s diverse neighbourhood, multitude of highrises, and large property lot sizes.

East york demographics1

Population 765,465

Population Growth 9.2%

Households 377,800

Average Persons per HH 1.98

Average HH Income $113,802

Median Age 36.5

1 Adapted from Statistics Canada, Census 2016, 2011 & 2006

East york hiking trail don valley parkway don river

Page 4: FOR SALE THE LANES RETAIL CONDOS · retail condos 1401 o’connor drive toronto investment highlights ideally situated between residential and employment nodes rare opportunity for

The Lanes Retail condos1401 o’connor drive

toronto

The Subject Offering includes four commercial units along the street level

of the residential condominium development in East York on the north east

corner of O’Connor Drive and Bermondsey Road, just south of Eglinton

Avenue East. The site is located between St. Clair Avenue East and Eglinton

Avenue East and runs parallel to the Don Valley Parkway. Steps away from

accessible transit, retail units will occupy the western side of the property

allowing for great exposure to street traffic.

Address 1401 O’Connor Drive, Toronto

Retail Units 4

Residential Units 142

Retail Area 4,061 sq. ft.

Zoning Commercial Residential

Completion Q4 2020

THE LANES CONDO PROFILE PROPERTY DETAILS

Page 5: FOR SALE THE LANES RETAIL CONDOS · retail condos 1401 o’connor drive toronto investment highlights ideally situated between residential and employment nodes rare opportunity for

Property overview

Ground floor plan

Page 6: FOR SALE THE LANES RETAIL CONDOS · retail condos 1401 o’connor drive toronto investment highlights ideally situated between residential and employment nodes rare opportunity for

Floor plan

Pricing Chart

UNIT AREA SF PRICE PRICE/SQ. FT.

1 1,640 $982,360 $599

2 751 $449,849 $599

5 890 $533,110 $599

6 780 $467,220 $599

RETAIL overview

Multiple configurations available

SOD

SOD

Proposed FutureBus Shelter

RETAIL GARBAGE

RETAILCORRIDOR

BICYCLE PARKING BICYCLE PARKING

O ' C O N N O R   D R I V E

Y A R 

D L E Y

   A V 

E N U 

E

EXHAUST AIR SHAFTGRILLE

FH

RETAIL #1

RETAIL #2

RETAIL #3 RETAIL #4 RETAIL #5 RETAIL #6

Scale :TORONTO, ONTARIO 1 : 150

C:\Us

ers\m

atthe

wy\Do

cume

nts\10

446-A

RCH-

TF-ZZ

-WIP-

1401

_O'Co

nnor_

ellen@

turne

rfleisc

her.c

om.rv

t

THE LANES CONDOS RETAIL UNITS R1

10.446

2019-01-15

Page 7: FOR SALE THE LANES RETAIL CONDOS · retail condos 1401 o’connor drive toronto investment highlights ideally situated between residential and employment nodes rare opportunity for

THE LANES RETAIL CONDOs - 1401 O’CONNOR DRIVE, TORONTO

Page 8: FOR SALE THE LANES RETAIL CONDOS · retail condos 1401 o’connor drive toronto investment highlights ideally situated between residential and employment nodes rare opportunity for

The Lanes retail

Condos

1401 o’connor drivetoronto

January 2019. 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

Sean Comiskey* Vice President Retail Investment Group 416 495 6215 [email protected]

Brad Walford* Vice President Retail Investment Group 416 495 6241 [email protected]

Brett Taggart Sales Representative Retail Investment Group 416 495 6269 [email protected]

CBRE Limited, Brokerage TorontoNorthOffice 2005 Sheppard Avenue East Suite 800, M2J 5B4 T 416 494 0600 F 416 494 6435

*Sales Representative