3
FOR SALE | 1677 0’CONNOR DRIVE INVESTMENT & RE-DEVELOPMENT OPPORTUNITY COLLIERS PRIVATE CAPITAL INVESTMENT GROUP SUBJECT PROPERTY O’CONNOR DR SUNRISE AVE

INVESTMENT & RE-DEVELOPMENT OPPORTUNITY€¦ · Lindvest Developments Under Construction Oct-15 313 146 42 87% $566 $828 $0.50 1185 Eglinton Ave E Tower B Lindvest Developments Pre-Construction

  • Upload
    others

  • View
    4

  • Download
    0

Embed Size (px)

Citation preview

Page 1: INVESTMENT & RE-DEVELOPMENT OPPORTUNITY€¦ · Lindvest Developments Under Construction Oct-15 313 146 42 87% $566 $828 $0.50 1185 Eglinton Ave E Tower B Lindvest Developments Pre-Construction

FOR SALE | 1677 0’CONNOR DRIVEINVESTMENT & RE-DEVELOPMENT OPPORTUNITY

COLLIERSPRIVATE CAPITAL INVESTMENT GROUP

SUBJECT PROPERTY

O’C

ONNO

R DR

SUNRISE AVE

Page 2: INVESTMENT & RE-DEVELOPMENT OPPORTUNITY€¦ · Lindvest Developments Under Construction Oct-15 313 146 42 87% $566 $828 $0.50 1185 Eglinton Ave E Tower B Lindvest Developments Pre-Construction

PROPERTY INFORMATION

SIZE 19,343 SF

BUILDING SIZE 4,888 SF

FRONTAGE 150 Feet

OFFICIAL PLAN DESIGNATION Apartment | Neighbourhoods

ZONING C1

F O R S A L E | 1 6 7 7 0 ’ C O N N O R D R I V E

INVESTMENT & RE-DEVELOPMENT OPPORTUNITY

INVESTMENT HIGHLIGHTS

One-storey building with three fully leased commercial units

Building also has a roof mounted advertisement billboard

20 vehicle parking

Located in the quickly gentrifying Clairlea Neighbourhood

O’Connor

O’CONNOR DRIVE

VICTORIA PARK AVENUE

EGLINTON AVENUE EAST

SUNRISE AVENUE

Eglinton Crosstown

TTC Bus Route

SUBJECT PROPERTY

Eglinton Square Mall

Eglinton Town Centre

Eglinton CornersShopping Centre

A C T I V E C O M P E T I T I V E S E T

PROJECT / ADDRESS DEVELOPER STATUS OPENING DATE TOTAL SUITES UNITS UNITS LEFT % SOLD SOLD $ PSF* Unsold Price (psf )

Maint. / Mo. (psf )

1185 Eglinton Ave ETower A

Lindvest Developments

Under Construction Oct-15 313 146 42 87% $566 $828 $0.50

1185 Eglinton Ave ETower B

Lindvest Developments

Pre-Construction Sep-16 32 75 4 88% $703 $805 $0.47

14 Dewhurst Blvd Grid Developments Under Construction Jan-17 299 31 5 98% $646 $725 $0.53

1401 O’Connor Dr Edzar Group of Companies

Pre-Construction Oct-15 142 104 12 92% $516 $550 $0.48

2315 Danforth Ave Marlin Springs Pre-Construction Mar-17 156 104 8 95% $611 $782 $0.57

DANFORTH AVE

EGLINTON AVE E

DON M

ILLS RD

Edzar Group of Companies

Lindvest Developments

Grid Developments

Marlin Springs

Lindvest Developments

1677 O ’CO N N O R D R

Walk Score: 877 minute walk to future Eglinton Crosstown LRT stop at O’Connor Dr

As-of-right zoning allows for a wide range of residential and commercial uses

COLLIERSPRIVATE CAPITAL INVESTMENT GROUP

MARKET COMPARABLES

Page 3: INVESTMENT & RE-DEVELOPMENT OPPORTUNITY€¦ · Lindvest Developments Under Construction Oct-15 313 146 42 87% $566 $828 $0.50 1185 Eglinton Ave E Tower B Lindvest Developments Pre-Construction

ASKING PRICE: $3,000,000

Myles KennySenior Sales Representative+1 416 620 [email protected]

Joel ApostolonSenior Sales Representative+1 416 643 [email protected]

Jeremiah.ShamessSenior Sales Representative+1 416 620 [email protected]

OFFER SUBMISSIONSOwner is looking to enter into a Joint Venture Limited Partnership or into a Sale with a buy-back option on the retail component of the property.

Toronto Downtown Office181 Bay Street, Suite 1400, Toronto, Ontario M5J 2V1

This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2018. All rights reserved. Colliers Macaulay Nicolls (Ontario) Inc., Brokerage.

SUBJECT PROPERTY

COLLIERSPRIVATE CAPITAL INVESTMENT GROUP