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3650 DANFORTH AVENUE TORONTO, ONTARIO + 19 ACRES LARGE-SCALE USER | REDEVELOPMENT OPPORTUNITY BIRCHMOUNT ROAD BIRCHMOUNT ROAD DANFORTH AVENUE DANFORTH AVENUE DANFORTH ROAD DANFORTH ROAD SOLD

3650 DANFORTH AVENUE - CBRE

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Page 1: 3650 DANFORTH AVENUE - CBRE

3650 DANFORTH AVENUETORONTO, ONTARIO

+ 19 ACRESLARGE-SCALE USER | REDEVELOPMENT OPPORTUNITY

BIRCHMOUNT ROADBIRCHMOUNT ROAD

DANFORTH

AVENUE

DANFORTH

AVENUE

DANFORTH ROAD

DANFORTH ROAD

SOLD

Page 2: 3650 DANFORTH AVENUE - CBRE

LANDSPECIALISTS

BIRCHMOUNT ROADBIRCHMOUNT ROAD

DANFORTH

AVEN

UE

DANFORTH

AVEN

UE

TABLE OF CONTENTS

THE OFFERING

BUILDING HIGHLIGHTS

SITE BREAKDOWN

TRANSIT & AMENITIES

OFFERING PROCESS & LISTING TEAM

4

12

10

8

6

Page 3: 3650 DANFORTH AVENUE - CBRE

LANDSPECIALISTS

TTC LINE 2TTC LINE 2

EGLINTON CROSSTOWN LRTEGLINTON CROSSTOWN LRT

LAKESHORE EAST GO LINE

LAKESHORE EAST GO LINE

BIRC

HM

OU

NT

ROA

D

BIRC

HM

OU

NT

ROA

D

ST. CLAIR AVENUE EASTST. CLAIR AVENUE EAST

MIDLAND AVENUE

MIDLAND AVENUE

DANFORTH AVENUEDANFORTH AVENUE

DANFORTH ROADDANFORTH ROAD

KINGSTON ROADKINGSTON ROAD

EGLINTON AVENUE EASTEGLINTON AVENUE EAST

BIRCHMOUNT PARKCOLLEGIATE INSTITUTE

BIRCHMOUNT STADIUM

SCARBOROUGH GARDENS ARENA

BIRCHMOUNT COMMUNITY CENTRE

IMMACULATE HEART OF MARY CATHOLIC SCHOOL

BIRCHMOUNT SHOPPING PLAZA

TAYLOR MASSEY CREEK

BIRCH CLIFF HEIGHTS PUBLIC SCHOOL

BIRCH CLIFF PUBLIC SCHOOL

TORONTO FIRE STATION

WARDEN SUBWAY & BUS TERMINAL

4 MIN DRIVE (2.7 KM) FROM SITE

WARDEN & EGLINTON RETAIL•Walmart•RONA•Lowes•Eglinton Town Centre•Cineplex Cinemas

•Winners•LCBO•HomeSense•Best Buy ... and more

DANFORTHGO TRAIN STATION

6 MIN DRIVE (3.2 KM) FROM SITE

SCARBOROUGH GO TRAIN STATION

6 MIN DRIVE (3.3 KM) FROM SITE

1Source: www.metrolinx.com

CBRE Limited is pleased to offer 100% freehold interest in the sale of 3650 Danforth Avenue (the “Site”). The +19.08 ac. Site is within the Upper Beaches neighbourhood in Toronto at Danforth Avenue and Birchmount Road. The Site is well serviced by existing TTC and GO Train networks with Warden TTC Station & Bus Terminal being a 4 minute drive away, and the Scarborough GO Train station being a 6 minute drive away. There are also various existing bus stops & routes through the immediate neighbourhood that have frequent service. The Crosstown LRT will run along Eglinton Avenue and is a 6 minute drive north from the Site. It is currently under-construction with a projected 2021 completion date.1 The Site offers a user opportunity in a mature neighbourhood and is just steps to many schools, a community centre, track & field stadium and hockey arena. The Site offers a view of Lake Ontario, which is directly south along Birchmount Road. It is just a short drive to many outdoor recreational attractions such as Taylor Massey Creek, Scarborough Heights Park and the Scarborough Bluffs Area which features various beaches, marinas, yacht clubs, sailing clubs and walking trails.

THE OFFERING

Total Area + 19.08 ac.

Building Area 186,000 ft.2

PINs

064480499064480022064480496064480494

Frontage+1,032ft. on Danforth Ave.+1,089ft. on Birchmount Rd.

Official Plan Core Employment Areas

ZoningEmployment IndustrialEmployment Heavy

SITE DETAILS

Page 4: 3650 DANFORTH AVENUE - CBRE

B U I L D I N G I N T E R I O R

S I T E S P E C I F I C AT I O N S & H I G H L I G H TS

305 PARKING SPACES ON SITE WITH ROOM FOR MORE

SUBSTANTIAL POWER BROUGHT THROUGH 4 TRANSFORMERS

WAREHOUSE CLEAR HEIGHT OF 16 FEET TO 19 FEET

EXCELLENT TRANSIT CONNECTIVITYThe Site is located in close proximity to Warden TTC, the Scarborough & Danforth GO Train Stations, multiple TTC bus routes and the future Eglinton Crosstown LRT Line.

POTENTIAL USER INVESTMENTThe Site offers a 186,000 ft.2 building that consists of updated open concept office space, presentation rooms, atrium/common areas, additional warehouse/storage area with ample on-site surface parking.

3650 DANFORTH AVENUELARGE-SCALE USER & REDEVELOPMENT OPPORTUNITY

2 TRUCK LEVEL LOADING DOORS WITH 53 FOOT TRAILER ACCESS

186,000 TOTAL SQUARE FEET

SITE HAS 3 BOILERS (REPLACED IN 2013) & 2 CHILLERS

UNDERGROUND OIL TANK PASSED INSPECTION IN 2019

NEW FIRE ALARM SYSTEM INSTALLED IN 2013

BUILDING BUILT IN 5 STAGES & CAN BE SUBDIVIDED RESPECTIVELY

AMPLE OFFICE SPACE WITH SOME INDUSTRIAL SPACE

BIRCHMOUNT ROADBIRCHMOUNT ROAD

DANFORTH

AVEN

UE

DANFORTH

AVEN

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LANDSPECIALISTS

186,000 SF OF OFFICE & INDUSTRIAL SPACE WITH FUTURE RE-

DEVELOPMENT POTENTIAL

U P D AT E D O P E N C O N C E P T O F F I C E S PA C E

A D D I T I O N A L WA R E H O U S E & S TO R AG E S PA C E

Page 5: 3650 DANFORTH AVENUE - CBRE

LANDSPECIALISTS

BIRCHMOUNT ROAD

BIRCHMOUNT ROAD

DANFORTH AVENUE

DANFORTH AVENUE

ADDITIONAL +3.81 ACRES

OF EXCESS LAND

4 TRANSFORMERS BRING POWER TO THE

SITEThe +186,000 ft.2 building was previously used as a large-scale pharmaceutical manufacturing site, that since has been converted mostly to updated open concept office space. The building itself is composed of five separate building that were built in a series of building expansions. All of the five buildings are interconnected and receive their power via the four transformers located on the north side of th main building; however each of the buildings have their own washroom and plumbing systems, therefore can be functionally subdivided with minimal work to be done. The building has been extremely well maintain over the years and has an additional + 3.81 acres of excess land that could be used for further future expansion.

SITE BREAKDOWN

OFFICIAL PLANCore Employment Areas

ZONINGEmployment IndustrialEmployment Heavy

Page 6: 3650 DANFORTH AVENUE - CBRE

VIEW NORTHTRANSIT NETWORK

Image Source: dailyhive.com

SCARBOROUGH BLUFFS | 5.1 KM FROM SITE

Image Source: varietyvillage.ca

VARIETY VILLAGE | 700 M FROM SITE

BUS12A

BUS12

BUS20

BUS113BUS

135

BUS69A BUS

69B

WARDENSTATION

LANDSPECIALISTS

BIRCHMOUNT ROAD

BIRCHMOUNT ROAD

DA

NFO

RTH

AV

ENU

E

DA

NFO

RTH

AV

ENU

E

DANFORTH AVENUEDANFORTH AVENUE

BIRC

HM

OU

NT

ROA

D

BIRC

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OU

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ROA

D

KINGSTON ROADKINGSTON ROAD

DANFORTH ROADDANFORTH ROAD

ST. CLAIR AVENUE EASTST. CLAIR AVENUE EAST

DANFORTH AVENUEDANFORTH AVENUE

BIRCHM

OU

NT RO

AD

BIRCHM

OU

NT RO

AD

VIEW EASTNEARBY AMENITIES

FULL SITE NOT SHOWN

KINGSTON ROAD COMMERCIAL CORRIDOR

KINGSTON ROAD COMMERCIAL CORRIDOR

KINGSTON RD COMMERCIAL:•No Frills Groceries•Dollarama•Mid-King Gas Station•Cliffside Dental•Rexall•Kennedy Flowers•Golden Rose Spa•Scarborough Animal Hospital

•Starbucks•Bulk Barn•Shoppers Drug-Mart•Tim Hortons•Pet Valu•Cliffside Meat & Deli•Resistance Fitness•Tara Inn Restaurant ...and more

SCARBOROUGH BLUFFS

VARIETY VILLAGE FITNESS

COMMUNITY CENTRE

HOCKEY ARENA

Page 7: 3650 DANFORTH AVENUE - CBRE

CBRE LIMITED2005 Sheppard Ave E,

#800Toronto, ON M2J 5B4

www.cbre.ca/child-hunt

*SALES REPRESENTATIVE; All outlines are 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 [email protected]; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth

LANDSPECIALISTS

JASON CHILD*Senior Vice PresidentT: +1 416 495 6249E: [email protected]

IAN HUNT*Senior Vice PresidentT: +1 416 495 6268E: [email protected]

DANIEL SATOOR*Sales RepresentativeT: +1 416 495 6203E: [email protected]

TOREY FERRELLI*Sales RepresentativeT: +1 416 495 6246E: [email protected]

MARC OLIVER*Senior Sales AssociateT: +1 416 495 6255E: [email protected]

CONTACT US FOR MORE INFORMATION:

OFFER SUBMISSION DATE:MARCH 24TH, 2020

Tuesday February 18TH, 2020

Tuesday March 3RD, 2020

Tuesday February 25TH, 2020

Tuesday March 10TH, 2020

CONTACT US TO SCHEDULE A TOUR ON THE FOLLOWING DATES:

SUBMIT ALL OFFERS TO: IAN HUNT

3650 DANFORTH AVENUETORONTO, ONTARIO

+ 19 ACRESLARGE-SCALE USER | REDEVELOPMENT OPPORTUNITY