7 LABATT AVENUE, TORONTO OFFICE FOR LEASE - LOCATED IN TORONTO'S DOWNTOWN EAST

Page created by Scott Gibson
 
CONTINUE READING
7 LABATT AVENUE, TORONTO OFFICE FOR LEASE - LOCATED IN TORONTO'S DOWNTOWN EAST
7 LABATT AVENUE, TORONTO
                         OFFICE FOR LEASE

LOCATED IN TORONTO’S DOWNTOWN EAST
7 LABATT AVENUE, TORONTO OFFICE FOR LEASE - LOCATED IN TORONTO'S DOWNTOWN EAST
FOR MORE INFORMATION
PLEASE CONTACT

ASHLAR URBAN REALTY INC.
Real Estate Brokerage

166 Pearl Street, Suite 300
Toronto, ON Canada M5H 1L3
T 416 205 9222        F 416 205 9228
W ashlarurban.com
TORONTO’S URBAN COMMERCIAL REAL ESTATE EXPERTS

FRASER MCKAY
Partner & Sales Representative
416 205 9222 ext 240
fmckay@ashlarurban.com

Disclaimer: Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal
or other changes without notice and same should not be relied upon without independent verification. Ashlar Urban Realty Inc.**Sales Representative
7 LABATT AVENUE, TORONTO OFFICE FOR LEASE - LOCATED IN TORONTO'S DOWNTOWN EAST
7 L AB AT T AV E N U E
PROPERTY SUMMARY

Located in downtown Toronto (Queen Street East), close to the financial and commercial centre of Toronto, 7 Labatt Avenue
is a large office building that artfully combines historic beauty with a modern, industrial charm. Having a view over Toronto’s
illustrious skyline.

HIGHLIGHTS

•   Flexible term available

•   All rates are fully gross and include hydro

•   Excellent value option in Downtown Toronto

•   Signage available

•   Direct access from Bayview extension and easy access from DVP, Gardiner, Lakeshore and TTC

•   Underground parking available

•   Great technology support with in-house fiber optic data centre

DETAILS

ASKING RATE		                 $10.00–$18.00 PSF

TERM			2–5 years

OCCUPANCY		                   Immediately

AVAILABLE SPACE               Suite B2:		         1,600 SF ($14.00 PSF)—Available December 2015

                              Suite B5:           2,150 SF ($10.00 PSF)

			                           Suite 107/107A: 4,100 SF ($14.00 PSF)

			                           Suite 209:           895 SF ($14.00 PSF)

			                           Suite 209B:         1,209 SF ($14.00 PSF)—Available with 60–90 days notice

			                           Suite 212:          6,500 SF ($14.00 PSF)

			                           Suite 304:          3,200 SF ($18.00 PSF)
7 LABATT AVENUE, TORONTO OFFICE FOR LEASE - LOCATED IN TORONTO'S DOWNTOWN EAST
7 L AB AT T AV E N U E
DOWNTOWN EAST

The Downtown East was once home to businesses specializing in light manufacturing, and the sale and distribution of various dry
goods. A change in the zoning was introduced (1996) when the City of Toronto passed legislation for the King and Parliament
area to allow a wider range of uses. To date, a great deal of restoration has occurred in the downtown east – especially in
brick and beam infrastructure. Many of the old, turn of the century, manufacturing facilities have been converted into some
of the cities most unique office locations. Buildings such as 100 Broadview, which was formally a Coca Cola bottling facility,
have attracted some of the cities most coveted creative tenancies. As Toronto’s downtown east continues to gentrify, Lesieville
provides an opportunity for tenants to be a part of one of the city’s most dynamic live, work and play environments.

The downtown east has seen an influx of both new residential of both new residential development projects and proposed
projects soon to commence. Many of these developments are conversions from existing/original infrastructure in the area, while
others include lofts, multi-storey townhouses, and modern condominiums. Businesses which now reside in the area include
UpCountry Canada, Porsche, Deluxe, BMW, SAS Canada and Technicolor Creative Services.

Unique attributes in the area include the Gooderman & Worts Distillery District, the Ontario Design Centre, the refurbished
Division 51 Police Station, the Toronto Revitalization project for Toronto’s East Bayfront, Alumnae Theatre Company, Soulpepper
Theatre Company, Vu Condos and numerous residential infill projects.
7 LABATT AVENUE, TORONTO OFFICE FOR LEASE - LOCATED IN TORONTO'S DOWNTOWN EAST
7 L AB AT T AV E N U E
THE DISTILLERY DISTRICT

The Gooderman & Worts Distillery District is located within a two minute walk of the property. Once the largest distillery in the
British Empire, it covers 13 acres and is made up of over forty buildings – regarded as the largest and greatest preserved assembly
of Victorian industrial architecture in North America. This pedestrian village is dedicated to arts, culture, and entertainment
industries and includes numerous critically-acclaimed restaurants, bars, and galleries from around the world.

The new state of the art condominium developments in the Distillery (Phase I has completed and Phase II construction is
underway) comprise a large portion of the projected 3,500 individual units under construction in the immediate area.
7 LABATT AVENUE, TORONTO OFFICE FOR LEASE - LOCATED IN TORONTO'S DOWNTOWN EAST
TR ANS P OR TAT I ON
ANALY S I S
7 Labatt Avenue is located in the center of a series of arterial transportation routes. The building is superbly positioned for
accessing Toronto’s highway infrastructure systems. The Don Valley Parkway is a quick three minute car ride to via Eastern
Avenue for North/South traveling. In addition, the building is only a four minute drive to the Gardiner Expressway via Lakeshore
Boulevard for east west access on the Gardiner and Kingston road respectively.

7 Labatt is also conveniently located for intra-city travelling. Queen and Dundas subway stations are only an eleven minute
streetcar ride including the quick walk to both Queen Street and Dundas Street from the building. The 501/502 Queen
Streetcars as well as the 505 Dundas Streetcar can take a passenger across the city in minutes.

The 2015 Pan- Am Games and regeneration of the West Donlands have instigated large scale planning and improvement efforts
to expand the streetcar service, with the final plans to be approved by the City of Toronto. These new plans with undoubtedly
improve access both to and within Toronto’s downtown east and therefore to 7 Labatt Avenue.

 DESTINATION                                                                   METHOD          TRAVEL TIME

 Queen Subway Station                                    501/502 Streetcar - Westbound                11 minutes
 Dundas Subway Station                     505 Streetcar – Westbound via Dundas Street                11 minutes
 Beaches Core                                        501/502/503 Streetcar - Eastbound                13 minutes
 Don Valley Parkway                                                     Vehicle via Eastern            3 minutes
 Gardiner Expressway                                             Vehicle via Lakshore Blvd             4 minutes
7 LABATT AVENUE, TORONTO OFFICE FOR LEASE - LOCATED IN TORONTO'S DOWNTOWN EAST
7 L AB AT T AV E N U E
PAN-AM VILLAGE

Included in the redevelopment of the West Don Lands will be the construction of the facilities required to accommodate the
Pan-Am Village. The Athletes’ Village will be located between Bayview Avenue and Cherry Street, north to Front Street and
south to the rail corridor. In total, the Village is expected to accommodate 10,000 athletes and officials involved with the games.
The Village’s 2,100 housing units and various retail and commercial developments (including banks, restaurants and recreation
facilities) are being designed to reflect the vision for the community that will remain after the 2015 games. The original timeline
for the build out of the West Don Lands area was to proceed in 3 strategic phases over the next 10-12 years. With the newly
accelerated timeline, more than half of the community will be in place for the Games in June 2015.

In 2010 a revitalization initiative was implemented for the St. Lawrence Market North Building. This has stirred up interest and
created excitement for the St. Lawrence Market and the potential new look, new opportunities, and new developments for
the future. During the revitalization and development stage of this particular building, there are drafted plans to relocate the
current vendors and activities of the ‘North Building’ to a temporary market type structure at 125 The Esplanade. Along with
the revitalization initiative, private developers have made their mark on the area with substantial projects such as Market Wharf
Condominiums by Context Developments and The Berczy by Concert Properties.

WEST DON LANDS

The West Don Lands covers approximately 39 acres with the southeast boundary being the Don River and railroad tracks, and
portions of the site stretching as far north as King Street East and as far west as Parliament Street. The area is within walking
distance of established communities such as the Corktown District, St. Lawrence and the Distillery District.

The reformation of the West Don Lands area will include 6,000 new residences, an eight hectare park (Don River Park), new
transit lines, new childcare facilities, a community centre and a new community school. As part of all new development in the
West Don Lands, the city of Toronto is targeting LEED certification to ensure the new construction is focused on reducing
operation cost, emissions and energy costs in both the residential and commercial components.
7 LABATT AVENUE, TORONTO OFFICE FOR LEASE - LOCATED IN TORONTO'S DOWNTOWN EAST
F L OOR
PL A N S
SUITE B2 | 1,600 SF - $14.00 PSF GROSS INCLUDING HYDRO

                                                         Scale 1/32” = 1’ - 0”
N
7 LABATT AVENUE, TORONTO OFFICE FOR LEASE - LOCATED IN TORONTO'S DOWNTOWN EAST
F L OOR
PL A N S
SUITE 107 & 107A | 4,100 SF - $14.00 PSF GROSS INCLUDING HYDRO

                  Freight Elevator
                                                                 N
7 LABATT AVENUE, TORONTO OFFICE FOR LEASE - LOCATED IN TORONTO'S DOWNTOWN EAST
F L OOR
PL A N S
SUITE 209 | 895 SF - $14.00 PSF GROSS INCLUDING HYDRO
F L OOR
PL A N S
SUITE 209B | 1,209 SF - $14.00 PSF GROSS INCLUDING HYDRO

                                                           Scale 1/32”
             N
F L OOR
PL A N S
SUITE 212 | 6,500 SF - $14.00 PSF GROSS INCLUDING HYDRO
F L OOR
PL A N S
SUITE 304 | 3,200 SF - $18.00 PSF GROSS INCLUDING HYDRO
F L OOR
PL A N S
BASEMENT STUDIO UNIT B5 | 2,150 SF - $10.00 PSF GROSS INCLUDING HYDRO

                       Freight Elevator                                 Scale 1
                                                                   N
TORONTO’S URBAN COMMERCIAL REAL ESTATE EXPERTS
You can also read