SEATON COMMUNITY PICKERING, ONTARIO 7.2 ACRES OF RESIDENTIAL LAND - CBRE

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SEATON COMMUNITY PICKERING, ONTARIO 7.2 ACRES OF RESIDENTIAL LAND - CBRE
SEATON
                                  COMMUNITY
                                      P I C K E R I N G , O N TA R I O

                                ±7. 2 ACRES O F R E S ID E N T IA L L A N D

                                                                      HIGHWAY 7

     Future Bus Rapid                                                                                     407
      Transit Station
                                                       SIDELINE 2

       Planned at Whites Road

                                                                       SUBJECT PROPERTY
     ROAD

                                                                  4
    WHITES

All outlines are approximate.

                                WILSON MEADOWS NEIGHBOURHOOD                              SEATON LANDS · PICKERING, ON
SEATON COMMUNITY PICKERING, ONTARIO 7.2 ACRES OF RESIDENTIAL LAND - CBRE
City of Pickering - Seaton Land Development Charges
THE OFFERING                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       PICKERING
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Development Charges       Total DC Bylaw
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            No. 7595/17
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               TSL FIA2
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Total Charges -
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Seaton Lands
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Singles or Semi Detached   $8,354             $1,334           $9,688
The Land Services Group on behalf of Infrastructure Ontario (“IO” or “Vendor”) is pleased to offer for
sale approximately 7.2 acres of residential land on the east side of Sideline 24, south of Highway 407                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   2
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Seaton Landowners Group Financial Impacts Agreement
(the “Offering” or “Property”), as part of the Seaton Community Lands in the City of Pickering. Seaton                                                                                                                                                                                                                                                                                                                                                                                                                                     ACTIVE                                                       Source: Development Charges (DC) By-law No. 7595/17
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                SOLD OUT
has been planned as a complete community that is compact, pedestrian friendly and transit oriented                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     and FIA Article 5 - Effective July 1, 2019
with an active street life and a broad mix of land uses. The Seaton Community will play a major role
in accommodating major population and employment growth within not only Durham Region, but the                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Demographics
Greater Toronto Area (GTA), with a target of 70,000 residents and 35,000 jobs.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Pickering Population (2019)         98,642
The Offering is located within Wilson Meadows Neighbourhood (Neighbourhood 19) and is within                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Average Income                      $105,795
Phase 2 for development within the Seaton Community. A Zoning By-Law Amendment and a Draft Plan
of Subdivision application have been submitted by IO and the TRCA has provided comments. Draft                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Owned Dwellings                     87.2%
conditions have also been provided, as such it is up to the purchaser to finalize the approvals and to                                                                                                                                                                                                                                                                                                                                                                                        TAUNTON ROAD
subsequently fulfill the conditions. The proposed lots range in size from 30 to 39 feet, with several of the
lots backing onto permanent natural open spaces allowing for a variety of premium lots. Any purchaser
has the ability to continue on with the existing application or submit their own application to meet their

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                W
own preferences and design. The current Official Plan provides a range of 25 to 40 units per net hectare

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 H
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     IT
(10 to 16 units per net acre) that could be built on the Property. Prominent GTA based developers are

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     ES
the land owners abutting the Property to the south, as well as directly west across Sideline 24 and to

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          RO
the east of the Offering, providing an exciting opportunity to develop within the region’s largest master

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            AD
planned community.

   PROPERTY INFORMATION                                                                                                    COMING SOON

   Site Area                            7.2 acres                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        PHASE 1
   Frontage                             579 feet
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      WHITEVALE ROAD
   Depth                                523-554 feet
   Official Plan                        Low Density Residential (Type 1 and Type 2)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          PHASE 2
   Proposed Zoning                      Low Density Area Type 1; Low Density Area Type 2                                   Earthworks have already commenced and
                                                                                                                           sales for Mattamy’s Seaton Whitevale are
                                        Post 2021- Services are currently at Sideline 26. Servicing will be
   Projected Servicing Timing           brought to the Property by the land owner to the south. This timing is             anticipated to launch Summer 2020.
                                        approximate.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       SUBJECT PROPERTY

   Cost Sharing                         Please see Document Centre for updated costs.

   PROPOSED LOT BREAKDOWN

      Type                                      Frontage            Block       Size                 Total Units

      Single Detached (Low Density Type 1)          39 feet       1, 2, 3, 4    3.5 acres                   37
      Semi Detached (Low Density Type 2)            30 feet      23, 24, 25     2 acres                     30

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           SIDELINE 24
      Open Space                                       -              44        0.02 acres                   -
                                              2,343 linear                      5.52
      TOTAL                                                            -                                    67
                                               front feet                       acres1
                                                                                        1
                                                                                            Total does not include roads

DRAFT PLAN OF SUBDIVISION (NEIGHBOURHOOD 19)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Future Bus Rapid
                                                                                                                                                                                                                                                                                                                                                                                                                                   Legend
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Transit Station
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Planned at Whites Road

                                                                                                                                                                                                                                                                                                                                                                   BROCK ROAD
                                                                                                                                                                                                                                                                                                                                                                                                                                                  Existing Road

                                                                                                                                                                                                                                                                                                                                                                                           SIDELINE 16
                                                                                                                                                                                                                                  SIDELINE 28

                                                                                                                                                                                                                                                                                                                                                                                                                                                  Proposed Highway 407 East
                                                                                                                                                                                           NORTH ROAD

                                                                                                                                                   NEIGHBOURHOOD MAPPING
                                                                                                                                                                                                                                                                                                                                 SIDELINE 20

                                                                                                                                                                                                                                                                                                                                                                                                                  SIDELINE 14
                                                                                                                                                                      SIDELINE 32

                                                                                                                                                                                                                                                                                                                                                                                                                                                  Railroad

                                                                                                                                                                                                                                                                                                                                                                                                         SUBJECT PROPERTY
                                                                                                                                                                                                                                                                                                                                                                                                                                                                              SEATON LANDS PHASING
                                                                                                                                                                                                                                                                                                                                                                                                                                                  Watercourse
                                                                                                                                                                                                                                                                                                                                                                                                                                                  Existing Conditions Subwatershed Boundary
                                                                                                                                                                                                                                                                                                            SIDELINE 22
                                                                                                                                                                                                                                                            SIDELINE 26

                                                                                                                                                                                                                                                                                                                                                                                                                                        11 66     Neighbourhood Boundary and ID

                                                                                                                                                             West Duffins Creek
                                                                                                                                                                                                                                                                                                                                                                                                                                                  Natural Heritage System
                                                                                                                                                                                                                                                                                                                                                                                                                                                  MESPA Boundary                                                                                                                              FUTURE TRANSITWAY
                                                                                                                                                                                                                                                                                                                                                                                                                                                                              The Offering is located within Phase 2 of the Seaton development
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              407
                                                                                                                                                                                                                                                HIGHWAY 7

                                                                                                                                                                                                                                                                                                                                                                                                                                                                              lands. Neighbourhood 19 contains lands within both Phase
     SIDELINE 24

                                                                                                                                                                     21             HIGHWAY 407 ETR

                                                                                                                                                                                                                                                                                                                                                               Brougham Creek
                                                                                                                                                                                                                                                                                                                                                                                                                                                                              1 and Phase 2, which includes Mattamy’s Seaton Whitevale
                                                                                                                                                                                                                                                                                                                                                                                                                                                                              development that is coming soon. As shown in the aerial, the
                                                                                                                                                                                    NORTH ROAD

                                                                                                                                                                                                                                                                                 SIDELINE 24

                                                                                                                                                                                                                             Whitevale Creek                               19
                                                                                                                                                                                                                                                                                                                                Urfe Creek

                                                                                                                                                                                                                                                                                                                                                                    20
                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Phase 1 lands are primarily located south of Whitevale Road.
                                                                                                                                                                                                                                                                                   WHITEVALE ROAD                                                                                                         CONCESSION ROAD 5
                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Lands within Phase 1 have already commenced construction
                                                                                                                                                                                                                                  18
                                                                                                                                                                                                                                                                                                                                                                                                                                                                              as a Front Ending Agreement has already been executed with
                                                                                                                              YORK DURHAM LINE

                                                                                                                                                                      ALTONA ROAD

                                                                                                                                                                                                                                                                                               Ganatsekiagon Creek
                                                                                                                                                                                                                                                             SIDELINE 26

                                                                                                                                                                                                                                                                                                                                                                                                                                                                              the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                              ³ Region. Negotiations have commenced with the Region for
                                                                                                                                                                                                                                                                                                                                                                                                                  CHURCH STREET

                                                                                                                                                                                                                                                                                                                                                                                                                                                     0         250
                                                                                                                                                                                                                                                                                                                                                                                                                                                                              an agreement with the Phase 2 lands, however, it has not been
                                                                                                                                                                                                                                                                                                                                                                                                                                                                            500

                                                                                                                                                                                                                                                                                                                                                                                                                                                                         Metres
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    1,000

                                                                                                                                                                                                                                                                                                                                                                 17
                                                                                                                                                                                                                                                                                                                                                                                                                                                                              approved yet. A purchaser may become apart of the Seaton Land
                                                                                                                                                 CONCESSION ROAD 4
                                                                                                                                                                                                                                                                           16                           TAUNTON ROAD                                                                                                                                                          Owners Group and pay proportionate share of fees, to begin
                                                                                                                                                                                                                                                                                                                                                                                                                                                                              negotiations to get into the Phase 1. Please see Document Centre
                                                                                                                                                                                                                                                                                                                                                                  BROCK ROAD

                                                                                                                                                                                                                            AD
                                                                                                                                                                                                                       RO

                                                                                                                                                                                                                                                                                                                                                                                                                                                                              for more information on cost sharing and timing.
                                                                                                                                                                                                                  ON
                                                                                                                                                                                                                                                                                                                                                                                                                                  Existing Conditions Subwatershed Boundary – Sernas Associates, 2011;
                                                                                                                                                                                                                                                                                                                                               TILLINGS ROAD

                                                                                                                                                                                                                                                                                                                                                                                                                                  Consolidated Neighbourhood Boundary – City of Pickering, 2010.
                                                                                                                                                                                                             NT

                                                                                                                                                                                                                  SUBJECT PROPERTY
                                                                                                                                                                                                                                                                                                                                                                                                                                  Highway 407 (existing and proposed) – Totten Sims Hubicki Associates Ltd., 2005 and Sernas
                                                                                                                                                                                               U                                                                                                                                                                                                                                  Associates, 2011; Highway 407 Interchange (proposed) – O ntario Realty Corporation/Ministry of
                                                                                                                                                                                            TA                                                                                                                                                                                                                                    Transportation of Ontario, 2007 and Sernas Associates, 2013;
                                                                                                                                                                                                                                                                                                                                                                                                                                  Existing Road - Sernas Associates, 2011; Railroad – Ministry of Natural Resources, 2004;
                                                                                                                                                                                                                                                                                                                                                                                                                                  Watercourse (within MESPA boundary) – Geomorphic Solutions, 2008;
                                                                                                                                                                                                                                                                                                                                                                                                                                  Watercourse (outside MESPA boundary) – TRCA, 2007; MNR, 2004;
                                                                                                                                                                                                                                                                                                                                                                                                                                  Natural Heritage System – Ministry of Natural Resources, 2011;
                                                                                                                                                                                                                                                                                                                                                                                                                                  MESPA Boundary – Sernas Associates, 2007.

                                                                                                                                                                                                                                                                           West Duffins Creek
                                                                                                                                                                                             ROSEBANK ROAD

                                                                                                                                                                                                                                                                                                                                                                                                                                                              Seaton MESPA
                                                                                                                                                                                                                                  WHITES ROAD

                                                                                                                                                                                                                                                                                                                                                                                                                                                      Seaton
                                                                                                                                     All outlines are approximate.
                                                                                                                                                 CONCESSION ROAD 3                                                                                                                                                        CONCESSION ROAD 3                                ROSSLAND ROAD
                                                                                                                                                                                                                                                                                                                                                                                                                                                  Neighbourhoods
                                                                                                                                                                                                                                                                                                                                                                                                                                                                   FIGURE J2.1
                                                                                                                                                                                                                                                                                                                                                                                                                                   DRAWN BY: W.B., L.W.                                 MESPA - FINAL (JULY 2013)

 SEATON COMMUNITY · ±7.2 ACRES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    SEATON LANDS · PICKERING, ON
SEATON COMMUNITY PICKERING, ONTARIO 7.2 ACRES OF RESIDENTIAL LAND - CBRE
OFFERING PROCESS

 CONFIDENTIALITY AGREEMENT                                                                                                                                       DOCUMENT CENTRE
 Potential purchasers that require access to the Document Centre must                                                                                             ·    Plan of Subdivision
                                                                                                                                                                  ·    Draft Zoning By-Law Amendment
 complete a CA and return it to: LSGGTA@CBRE.COM
                                   LSGGTA@CBRE.COM                                                                                                                ·    Cost Sharing
                                                                                                                                                                  ·    Servicing Cost Estimates and Timelines
 OFFER SUBMISSIONS                                                                                                                                                ·    Leases
                                                                                                                                                                  ·    Agreements
 All submissions are requested to be submitted to:
                                                                                                                                                                  ·    Transportation Reports
 Lauren White                                 CBRE Limited | 2005 Sheppard Avenue East                                                                            ·    MESP
                                              Suite 800, Toronto, ON M2J 5B4                                                                                      ·    Environmental Reports
 lauren.white@cbre.com
                                                                                                                                                                  ·    Geotechnical Reports

                                                                                                                                                                  NEARBY DEVELOPMENTS
                                                                                                                                                                                       Units
                                                                                                                        Type                Opening           Occupancy                                   Size Range              Price Range               $/Sq. Ft.
                                                                                                                                                                                      (% Sold)

                                                                                                            A       Nu Towns by Madison Group

                                                                                                                 Townhouse (RL) 15’         10/27/2018            2020-10              29 (90%)            1,916-2,042          $609,990-$705,990             $314-$353
                                                            SUBJECT PROPERTY
                                             24 S

                                                                                                                Townhouse (WS) 18’          10/27/2018            2020-10              31 (84%)            1,951-2,182           $649,990-709,990             $317-$333
                                                                                 Rd
                                                                        evale
                                                                  Whit
                                                  id

                                                                                                            B       Pickering Mews by Lebovic Homes
                                                eline
                 Nort

                                                          F
                                                                                                                Townhouse (WS) 22’            2/3/2018            2019-06              20 (75%)            1,911-1,995          $789,918-$819,918             $404-$429
                  h Rd

                                                                                     H
                                                                                                            C       New Seaton by Aspen Ridge Homes
                                                                                      G
                                          Whit

                                                                                                                 Detached (WS) 30'            6/3/2017            2019-07              25 (92%)            1,778-2,303          $762,990-$970,990             $370-$452
                                            es R

                                                                                              B                  Detached (WS) 36'            6/3/2017            2019-07              59 (76%)            2,101-2,805         $939,990-$1,120,990            $364-$499
                                 2
                                              d

                                                         D                                                       Detached (WS) 43'            6/3/2017            2019-07              59 (92%)            2,673-4,302        $1,063,990-$1,545,990           $359-$411
                                                   E                                       A
                                                              C                                                   Detached (T) 45'            6/3/2017            2019-07              45 (93%)            2,845-4,200        $1,101,990-$1,533,990           $308-$438
                                                                                                  Broc

                                                                                                           D        New Seaton by TowerHill Homes
                            Rd
                                                                                                    k Rd

                        n                                                                                       Townhouse (WS) 20'            6/3/2017            2020-03              55 (100%)           1,573-2,030          $726,990-$832,990              $406-462
                    nto
                 Tau
                                                                                                                 Detached (WS) 30'            6/3/2017            2020-03              35 (100%)           2,011-2,375          $789,990-$828,990             $348-$396
                                             Whit

                                                                                                                 Detached (WS) 36'            6/3/2017            2020-06              84 (94%)            1,857-2,766         $821,990-$1,004,990            $340-$441
                                               es R

                                                                                                                 Detached (WS) 43'            6/3/2017            2019-12              21 (76%)            3,270-3,565        $1,129,990-$1,189,990           $319-$354
                                                 dN

                                                                                                            E       New Seaton by Lebovic Homes
                                                                                                                Townhouse (WS) 20'
                                                                                              1                                               6/3/2017            2019-12              103 (80%)           1,260-2,050          $544,990-$834,990             $324-$515
                                                                                                                 Detached (WS) 30'           9/16/2017            2019-07              28 (96%)            1,780-2,240          $769,990-$914,990             $364-$447
                                                        4                               5 3
                                                                                                                 Detached (WS) 36'            6/3/2017            2019-12              54 (93%)            2,030-2,610          $844,990-1,079,990            $370-$500

                                                                                                                                                           COMING SOON
                                                                                                                 Development                            Builder                                  Type                      Opening

    AMENITIES
   LEGEND               MAP                                                                                F     Seaton Whitevale                       Mattamy                        Semis and Townhouses               Summer 2020

   1. Pickering Town Centre                                                                                G         Seatonville               Paradise, Deco Homes &                     Singles, Semis and
                                                                                                                                                                                                                          Summer 2020
                                                                                                                                                    Opus Homes                               Townhouses
   2. Whitevale Golf Club
   3. Pickering GO Station                                                                                 H       Seaton Heights                    Lebovic Homes                              Singles                   Summer 2020
   4. Metro
   5. Loblaws

                         Mike Czestochowski**                                     Lauren White*                                  Derek Peacock*                                   Emelie Rowe*                                  Evan Stewart
                         Executive Vice President                                 Senior Vice President                          Associate Vice President                         Planner                                       Sales Representative
                         T +1 416 495 6257                                        T +1 416 495 6223                              T +1 416 495 6237                                T +1 416 495 6306                             T +1 416 495 6205
                         mike.czestochowski@cbre.com                              lauren.white@cbre.com                          derek.peacock@cbre.com                           emelie.rowe@cbre.com                          evan.stewart@cbre.com

                         *Sales Representative **Broker.
                         This 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 limita-
                         tion, 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 com-
                         pleteness 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
www.cbre.ca/mclsg
 SEATON COMMUNITY · ±7.2 ACRES
                         are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services canadamapping@cbre.com; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth 04/2020.
SEATON COMMUNITY PICKERING, ONTARIO 7.2 ACRES OF RESIDENTIAL LAND - CBRE
Mike Czestochowski**                         Lauren White*
                                                                                                                                                                      Executive Vice President                     Senior Vice President
                                                                                                                                                                      416 495 6257                                 416 495 6223
                                                                                                                                                                      mike.czestochowski@cbre.com                  lauren.white@cbre.com

CONFIDENTIALITY AGREEMENT
SEATON LAND BUNDLE 4 · PICKERING, ON

  TO:                      Her Majesty the Queen in right of Ontario as represented by the Minister of Government and Consumer
                           Services (the “Vendor”)
  AND TO:                  Ontario Infrastructure and Lands Corporation, the authorized agent for the Vendor (“OILC”)
  AND TO:                  CBRE Limited (“CBRE”)

  The undersigned hereby acknowledges that CBRE Limited (“CBRE”); through Mike Czestochowski and Lauren White have been retained by
  the Vendor on an exclusive basis to arrange the sale of the Seaton Land Bundle 4, Pickering, ON (the “Property”). Any inquiries and
  communications with respect to the Property shall be directed to any of the above listing agents of CBRE. We have requested from the Vendor
  and CBRE, information, including confidential and proprietary information, which has not been generally disclosed to the public, for use in
  evaluating a potential purchase of the Property.

  In exchange for good and valuable consideration provided by the Vendor and CBRE, the receipt and sufficiency of which is hereby
  acknowledged, we agree to keep confidential any and all information supplied to us concerning the Property that is not a matter of public
  record (the “Confidential Information”) and not to utilize any of the Confidential Information for our own benefit (or for the benefit of anyone
  else) other than for the evaluation of the Property with respect to a potential purchase.

  We understand that we may transmit any such Confidential Information to partners, officers, directors, employees or legal, technical or
  financial advisors (collectively, “representatives”) but only to the extent that they need to know the Confidential Information for the purpose
  of such evaluation. We undertake to inform such representatives of the confidential nature of such information and agree that they will
  be required to agree to be bound by the terms of this Agreement. We agree to be responsible for any breach of this Agreement by our
  representatives. We agree that any legal, technical, financial or any other third party advisors that are retained by us, to act on our behalf,
  will be compensated by us. This shall include outside brokers.

  We understand that upon the Vendor’s request we will provide all pertinent financials of the company looking to purchase the Property to
  the Vendor in a timely manner and that these statements will only be used for the purpose of determining the financial feasibility for this
  transaction.

  All Confidential Information is provided “As Is” and without any representation or warranty whatsoever, whether express or implied, as to
  its reliability, accuracy or completeness. The undersigned accepts the Confidential Information on an “As Is” basis and further agrees that
  neither the Vendor, OILC, nor any other author of or person providing the Confidential Information shall have any liability whatsoever to the
  undersigned or its representatives arising from the use of or any way relating to the Confidential Information.

  We agree to read and examine all material(s) provided by the Vendor and CBRE on the Property and will do so prior to submitting an
  Agreement of Purchase and Sale or Letter of Intent.

  We agree to return or delete all documentation provided herewith, including any notes, copies and digital copies made thereof if we decide
  not to pursue or complete this opportunity, or at any time, within ten (10) business days of receipt of a written request from the Vendor, OILC
  or CBRE. We also agree not to use the information provided in any way that is or would be detrimental to the Property, the Vendor (or
  any parties assisting the Vendor, including without limitation, OILC), either before or after cessation of our pursuit to purchase of any of the
  Property. The provisions of this Agreement are binding on our successors or assigns.

  Without the prior written consent of the Vendor or OILC, which consent may be arbitrarily withheld, the undersigned shall not and it shall
  direct its representatives not to disclose to any other person the fact that the Confidential Information has been made available to the
  undersigned, that discussions or negotiations are taking place amongst the Vendor and the undersigned and its representative concerning
  the sale and purchase of the Property and any of the terms, conditions or other facts with respect to any such possible transaction, including the
  status thereof.

  We acknowledge that the brochure provided in regard to the Property and the other information being delivered to us with respect to the
  Property is subject to the limitations on liability and disclaimers for the protection of the Vendor and CBRE contained in such brochure.

  We agree to indemnify and save harmless the Vendor, OILC and CBRE from any claims, losses, damages and liabilities whatsoever (including
  legal fees on a substantial indemnity basis plus disbursements) arising out of any breach by us or any of our representatives of any of the
  terms or other provisions of this Agreement. CBRE and the Vendor also reserve the right not to release information.

  Continued on next page.

This disclaimer shall apply to CBRE Limited, Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein (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.

                                                                                                                                                                                                                               PAGE 1 OF 2
Mike Czestochowski**                         Lauren White*
                                                                                                                                                                        Executive Vice President                     Senior Vice President
                                                                                                                                                                        416 495 6257                                 416 495 6223
                                                                                                                                                                        mike.czestochowski@cbre.com                  lauren.white@cbre.com

     CONFIDENTIALITY AGREEMENT
     SEATON LAND BUNDLE 4 · PICKERING, ON
     TO:                     Her Majesty the Queen in right of Ontario as represented by the Minister of Government and Consumer
                             Services (the “Vendor”)
     AND TO:                 Ontario Infrastructure and Lands Corporation, the authorized agent for the Vendor (“OILC”)
     AND TO:                 CBRE Limited (“CBRE”)

     The Buyer agrees to continue to work through CBRE Limited for the above mentioned Property including offers within 12 months after the
     expiration of the Listing Period, so long as the Buyer wishes to make any offer within said timeframe and the Buyer was introduced to
     the Property during the Listing Period or shown the Property during the Listing Period, which the Buyer has acknowledged by signing below.

     The Buyer agrees that any signage CBRE has installed on the Property shall remain for a period of 6 months after the closing date.

     The Buyer agrees that any and all communication with regards to the Property shall be done so through CBRE. The Buyer and or their
     representative will not at anytime contact the Vendor directly.

     CBRE and the Vendor shall not be responsible for the payment of brokerage or other fees to any outside agents or consultants in
     connection with this offering. CBRE is exclusively representing the Vendor and will not act on behalf of any potential purchasers. With the
     execution of this Confidentiality Agreement, the undersigned acknowledges that they are undertaking this investigation of the Property at
     their sole risk and expense and that under no circumstances will any amounts expended by the undersigned for its due diligence
     investigation or review be paid or reimbursed by the Vendor, OILC or CBRE. A fax, scan or electronic submission of a signed copy of this
     Agreement shall be deemed to be an original signed copy.

           THE SECTION BELOW MUST BE COMPLETED AND SUBMITTED TO LSGGTA@CBRE.COM IN ORDER TO RECEIVE THE DUE DILIGENCE PACKAGE
(I possess the authority to legally bind the Corporation)

     †
         PROPONENT NAME:                                                                                         REPRESENTATIVE:

     †
         COMPANY:                                                                                                COMPANY:

     †
         PRIMARY EMAIL:                                                                                          PRIMARY EMAIL:
                                                                                                                                                                                                                            SUBMIT
                                                                                                                                                                                                                              CA
     PRIMARY PHONE #:                                                                                            PRIMARY PHONE #:
                                                                                                                                                                                                                       The button above can be
     ADDITIONAL EMAIL:                                                                                           DATE:                                                                                                 clicked to submit the CA
                                                                                                                                                                                                                        electronically using the
                                                                                                                                                                                                                      Adobe Reader application,
     ADDITIONAL PHONE #:                                                                                         SIGNATURE:                                                                                             once the required fields
                                                                                                                                                                                                                            have been filled.
     †                                                                                                           Please indicate if you would like a follow up call or meeting:                                                      OR
         DATE:
                                                                                                                                                                                                                      Please print, complete, sign
                                                                                                                             CALL:                             MEETING:                                               and scan an email copy to
      †
          PRIMARY SIGNATURE:                                                                                                                                                                                              lsggta@cbre.com.

†
    REQUIRED FIELDS. **Broker *Sales Representative
This disclaimer shall apply to CBRE Limited, Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein (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.

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