PREMIER RETAIL FOR SALE - Toronto Urban Retail...
Transcript of PREMIER RETAIL FOR SALE - Toronto Urban Retail...
L A K ESHOR E & PA R K L AW N- 2,874 SQ.FT. | $1,350,000 -
CBRE L imited, Real Estate Brokerage | 145 K ing Street West | Su ite 1100| Toronto, ON M5H 1J8 | 416 362 2244 | www.cbre.ca
PREMIER RETAIL FOR SALE
file:///M:/WP/Team_Retail_Shared/Sites/Mattamy/110%20Marine%20Parade%20Drive-%20Riva%2...
110 Marine Parade (the “Property”) is located in the center of one of Toronto’s most densely populated master planned communities. With approximately 13,000 residential units in the immediate area and a very limited supply of retail space, this is an excellent opportunity for both an owner/user and investor to capitalize on day to day needs of this affluent and captive residential base. The Property sits on a hard corner of a well-travelled street with a soaring double height façade which provides unparalleled branding and signage opportunities.
The Property is designed to accommodate a multitude of uses including medical/professional offices, cafés and restaurants. The space has a flexible floor plate which can be utilized as one storefront or divided into two units. The sidewalk in front of the Property can be used as a signature patio with direct views onto Lake Ontario and greenspace along the boardwalk. The Property also comes with two parking spaces and just under 500 SF of ancillary storage space. The space is brand new, constructed by Biddington and Mattamy Homes, one of Canada’s largest and most reputable builders.
The Property can be easily accessed from many areas of the city. It is under a 15 minute drive from downtown Toronto and Sherway Gardens. The building has an abundance of visitor parking as well as an abundance of street parking in the immediate area.
110 MARINE PARADE DRIVELAKESHORE & PARKLAWN
$1,350,000 | 2,874 sq.ft.
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© 2017 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBREneither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. TheInformation is protected by copyright and shall be fully enforced.
Layout ID:L04 MapId:4899972
PROPOSED/UNDER CONSTRUCTION
# Name/Address Units Status
1 Water’s Edge at the Cove 606 Proposed
2 Vita Two on the Lake 155 Under Construction
3 Vita on the Lake 481 Under Construction
4 The Cove at Waterways 281 Under Construction
5 2169-2173 Lake Shore Blvd W 540 Proposed
6 Eau du Soleil- Sky Tower 732 Under Construction
7 Eau du Soleil- Water Tower 554 Under Construction
8 Westlake Encore 522 Under Construction
9 42 Park Lawn Road 321 Proposed
TOTAL 4,192
Existing Condominiums (9,434 units)
110 Marine Parade Drive
Under Construction/Proposed Condos
active developmentsEau du Soleil westlake encore
There are currently 4,192 new units proposed/under construction in
addition to the 9,434 units already completed in the immediate surrounding area, for a grand total of
~13,626 units.
LAKE SHORE BOULEVARD W
PARK LAWN RD
GARDINER EXPY
water’s edge on the cove
110 Marine Parade Dr
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THE OFFERING
Size: 2,874 sq.ft. (divisible into two units)Patio: 915 sq.ft. Storage: 463 sq.ft. of ancillary storage in the P1 level Parking: 2 spaces + visitor parking available Condo Fees: $2.74 per sq.ft.Parking Condo Fees: $49.99/month per stall
Property Description: 110 Marine Drive Retail Units 7 & 8 + Parking Units 29 & 30 on Level A
MARINE PARADE DR
Additional Information available with a Confidentiality Agreement: » Relevant condo docs » Auto CAD files » Vendor’s form of APS
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*3 km radius (2017 est)
Estimated Population
73,223*
POPULATION CHANGE (2012-2017)
9.3%*
Average Household Income:
$113,305*
THE NEIGHBOURHOOD
110 Marine Parade Drive is ideally located in Etobicoke’s Humber Bay Shores- a community highly sought after for it’s convenience, amenities and beautiful lake and city views. Located just south of where the Gardiner Expressway meets Lakeshore Boulevard, Humber Bay Shores has easy ac-cess to the heart of Downtown Toronto and to the Western Greater Toronto Area.
Neighbourhood tenants include Shoppers Drug Mart, Metro, Starbucks, Firkin on the Bay, Eden Trattoria and other amenities including a pharmacy and financial services.
13 MINS TODOWNTOWN TORONTO
20 MINS TOdowntown mississauga
12 MINS TOsherway gardens
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Teddy TaggartSales Representative
Urban Retail Team416 847 3254
Alex Edmison*Vice President
Urban Retail Team416 874 7266
Arlin Markowitz*Senior Vice President
Urban Retail Team416 815 2374
For More InformationPlease Contact
*Sales Representative
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