1030 DANFORTH AVENUE

INVESTMENT SUMMARY

109 FT

106 FT

DONLANDS AVENUE

DONLANDS

DANFORTH AVENUE

1030 DANFORTH

AVENUE

JONES AVENUE

DEWHURST BLVD.

DOWNTOWN CORE

PORTLANDS

WITHROW PARKBLAKE-JONES GREEKTOWN

2 MIN. DRIVE TO GREENWOOD

STATION

10 MIN. DRIVE TO

YONGE & BLOOR STATION

13 MIN. DRIVE TO THE BEACHES

25 MIN. DRIVE TO DOWNTOWN

CORE

DON VALLEY PARKWAY

UNPARALLELED CONNECTIVITY Proximity to TTC subway stations is one of the most sought-after characteristics of new multi-residential development in the urban landscape, and the Property is ideally situated between the Donlands and Greenwood stations, offering unparalleled connectivity across the GTA. The Property’s central location on Danforth Avenue allows for connection to Yonge & Bloor within 12 minutes, the nearby Danforth GO station at Main Street within 10 minutes, and Union Station within 25 minutes.

POSITIVE MARKET CONDITIONSThe Property is coming to the market at an ideal time for buyers, allowing them to take advantage of a zoned urban multi-residential development site near transit during a period of positive market conditions. Sales dynamics continue to be positive for newly constructed residential projects, and the slowing of new project openings throughout 2018, as well as a healthy demand for units in well-located nodes, continues to drive pricing. The Property is well-positioned to take advantage of what is likely to be historically low new supply in the surrounding markets through 2019-2020.

DESIRABLE RESIDENTIAL LOCATIONSituated between the dynamic residential markets of East York, Blake-Jones, and Greenwood-Coxwell, the Property’s location allows for a potential purchaser to deliver a transformational mixed-use project to the immediate area and set precedent for similar developments going forward. The development proposed for the Property lends itself to the young families and urban professionals demographics who have recently been priced out of many traditional low-rise residential markets in the immediate area and are seeking a more affordable alternative.

INVESTMENT HIGHLIGHTS

CLEAR PATH TO DEVELOPMENTCommencing with the original zoning amendment application in February 2015, the Vendor took significant steps to negotiate with City Planning and neighbourhood representatives on appropriate height and density, receiving final approval in September 2016. The Property was successfully approved based on an eight (8) storey design, offering approximately 54,000 sf of total GFA, a development that is well suited for the streetscape in the immediate area.

LOCAL AREA TRANSFORMATIONWhile historical higher-density development in the area has been concentrated along Queen St. E., developers have now begun to turn their attention to the Danforth due to its excellent transit connectivity and proximity to unique amenities and services, in addition to the lack of available product within comparable neighbourhoods. The Danforth is poised for rapid transformation and intensification in the local streetscape in the near future, with planning policies targeting mid-to-high rise development centering around TTC subway stations.

53 RESIDENTIAL UNITS

8 STOREYS

+ MECHANICAL

11,517 SFSITE AREA

DEVELOPMENT SNAPSHOT

54,155 SF PROPOSED GROSS FLOOR

AREA (GFA)

THE OPPORTUNITY1030 Danforth Avenue, Toronto (the “Property”) represents an opportunity to acquire a 100% freehold interest in a mixed-use development site offering a total land area of 11,517 square feet (“sf”), or 0.264-acres, and 109 feet of uninterrupted frontage on Danforth Avenue, located steps from the TTC’s Donlands subway station, and adjacent to Toronto’s Greektown neighbourhood.

The Vendor submitted a zoning amendment application on February 24, 2015 for an eight-storey mixed-use development with at-grade commercial uses, 41 below-grade parking stalls and approximately 54,155 sf of gross floor area (“GFA”). The application was approved, as proposed with only minor changes, on September 20, 2016.

4.87 X FLOOR SPACE INDEX

(FSI)

FREE & CLEARFree and clear of existing financing, providing an opportunity to secure new first mortgage financing at near historically low interest rates.

OFFERING PROCESSJones Lang LaSalle Real Estate Services Inc. (the “Advisor”) has been exclusively retained to seek proposals to acquire the Property. Interested parties will be required to execute and submit the Vendor’s form of Confidentiality Agreement prior to receiving detailed information about the Property. Additionally, interested parties will be invited to submit a Letter of Intent on a specific date that will be communicated by the Advisor at least fourteen (14) days in advance.

JONES LANG LASALLE REAL ESTATE SERVICES, INC. Bay Adelaide East, 22 Adelaide St. W., Suite 2600 Toronto, ON M5H 4E3 tel +1 416 304 6000 fax +1 416 304 6001 www.joneslanglasalle.ca

All inquiries regarding the Property should be directed to JLL Capital Markets:

Elliot Medoff * Senior Vice President+ 1 416 238 9768 Elliot.Medoff@am.jll.com

Euan Darling * Assistant Vice President + 1 416 238 9961 Euan.Darling@am.jll.com

Nick Aspros * Senior Vice President+ 1 416 391 6956Nick.Aspros@am.jll.com

Michael Botting *Associate+ 1 416 238 9829Michael.Botting@am.jll.com

* Sales Representative

SITE AREA 0.264 acres (11,517 sf)

DANFORTH AVENUE

1030 DANFORTH

AVENUE

DONLANDS

GREEKTOWN

LOT DIMENSIONS Frontage: 109 ft

Depth: 106 ft

OFFICIAL PLAN Mixed Use Areas

ADDRESS 1030 Danforth Avenue