SUMMERHILL | ROSEDALE NEIGHBOURHOOD - TORONTO, ONTARIO SUBJECT PROPERTY - CBRE
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
YONGE ST
SUBJECT PROPERTY
BIRCH AVE
SUMMERHILL | ROSEDALE NEIGHBOURHOOD
TORONTO, ONTARIO
THE OFFERING
CBRE’s Land Services Group is pleased to offer for sale a 100%
freehold interest in a 0.65-acre residential development site located
at 26, 30 and 40 Birch Avenue (the “Site” or “Property”) in the
Summerhill neighbourhood. The Site is extremely well located in
one of Toronto’s most prestigious neighbourhoods with some of
the highest incomes in the city and average home prices in excess
of $2 Million. Summerhill TTC Station is located less than 300m
away with a wide variety of shops, restaurants, parks and schools
all located within walking distance. ALCORN AVE
The Site’s rectangular configuration with more than 200 feet of
frontage on Birch Avenue makes it ideal for low to medium density
residential redevelopment. Recent townhouse resales at the
development at 22 Birch Avenue have reached nearly $1,000 per
square foot showing the level of affluence and demand for super
luxury product that exists in this neighbourhood.
PROPERTY INFORMATION
Address 26, 30 & 40 Birch Avenue
Size ±0.65 ac. (28,331 sq. ft.)
Zoning By-law R (d1.0) (x745)
Official Plan Neighbourhoods INVESTMENT HIGHLIGHTS
SUMMERHILL-ROSEDALE
Frontage ±204.5 ft. BIRCH AVE Located on the border of two of Toronto’s
Depth ±137.5 ft. wealthiest and arguably most well located
neighbourhoods.
30 Birch Ave, 30 Birch Ave, 30 Birch Ave,
FIRST CLASS COMMERCIAL AMENITIES
DEMOGRAPHICS Toronto, ON Toronto, ON Toronto, ON Toronto, ON
Steps away from the Shops at Summerhill,
1 km radius 3 km radius 5 km radius
one of Toronto’s landmark retail areas, with
TOTAL POPULATION first rate shopping and dining.
2017 Estimated 25,466 259,119 7.5,191 2,882,614
2022 Projected 27,348 273,721 752,408 3,030,743 PROVEN DEMAND
Population Change % · 2017-2022 7.4% 5.6% 6.7% 5.1% Metropia and Diamond Corp’s nearby AYC
INCOME 2017 181 Bedford signature townhome collection
demonstrates strong demand for super luxury
Average Income $258,715 $141,311 $129,692 $107,541
townhouses with 37 of 39 units sold within the
2017 TOTAL POPULATION BY AGE 25,466 % 259,119 % 705,191 % 2,882,614 % first 6 months for $958 to $1,100 per square
0 to 19 years 3,082 12.1 35,625 13.7 108,439 15.4 559,112 19.4 foot.
20 to 34 years 6,228 24.5 83,104 32 213,510 30.3 692,078 24
35 to 64 years 10,142 39.9 99,467 38.4 284,369 40.2 1,186,855 41.0 LOT CONFIGURATION
65 to 75+ 6,013 23.3 40,922 15.6 98,873 13.7 444,569 15.1 Lot dimensions provide a wide range of
potential redevelopment options.
Median Age 44.8 -- 37.5 -- 37.3 -- 39.2 --
2017 EDUCATIONAL ATTAINMENT (15+ YEARS) 22,252 % 259,119 % 705,191 % 2,882,614 %
TRANSIT
Less than a bachelor degree 8,155 36.6 96,233 43.1 304,071 50.1 1,554,944 64.1
Short walk to Summerhill TTC Station.
Bachelor degree & higher 14,097 63.4 127,182 56.9 303,198 49.9 870,292 35.9
2 3
ALL OUTLINES ARE APPROXIMATE
26 | 30 | 40 BIRCH AVENUE · TORONTO, ON
NEIGHBOURHOOD
WA
ROSEDALE LK
SUBJECT PROPERTY ER
AV
E
Rosedale is one of Toronto’s oldest, wealthiest and most high priced neighbourhoods ranking
as Toronto’s best neighbourhood to live in Toronto Life’s 2015 neighbourhood rankings. The
neighbourhood was built among three ravines, which have been preserved as parkland providing
BIR
residents with scenic locations to enjoy the outdoors. Rosedale contains tree lined streets and CH SU
AV MM
countless cul-de-sacs, which coupled with the many ravines and bridges, lead to low levels of E SUMMERHILL ERH
vehicular traffic helping preserve the quiet and historic character of the neighbourhood. The houses ILL
AV
in Rosedale are primarily large single-family dwellings, many of which are more than 100 years E
old, which has led to much of the neighbourhood being protected as a Heritage Conservation
District. The neighbourhood is home to some of Toronto’s best schools, including Rosedale Public
School and prestigious all girls private school, Branksome Hall.
E ST
NG
YO
M
AC
PHE
RS
O
N PR
AV IC
E ES
T
SUMMERHILL
The Summerhill neighbourhood originated in the 1880’s after the construction of the
North Toronto Railway Station, which now operates as Toronto’s flagship LCBO. The
neighbourhood is generally bounded by St. Clair Ave. to the north, the CPR rail line in
the south, by Mt. Pleasant in east and by Avenue Rd. in the west. Summerhill is made
up primarily of affluent residents living in low density housing with a strong commercial
corridor along Yonge St. Cottingham School, located on Birch St., ranks 12th out of
2900 school across Ontario. The neighbourhood is also home to De La Salle School,
and the York School, providing residents with many excellent options for their children’s
education. The neighbourhood is also home to many parks including the 45 acre
David. A. Balfour Park, one of the biggest parks across the city.
4 5
26 | 30 | 40 BIRCH AVENUE · TORONTO, ON
AMENITIES
26, 30 & 40 BIRCH AVENUE
Located just steps from Yonge Street, the Property is RESTAURANTS & BARS
conveniently located within walking distance to a wide range ST CLAIR AVE E 1 1. UNION SOCIAL EATERY
of some of Toronto’s trendiest restaurants, stores, schools 2 2. HOLY CHUCK
and private clubs. The map to the right shows just a sample 3. AROMA
44
of what these neighbourhoods have to offer. 4. SPIGA
3 5. CAPPOCACCIA TRATTORIA
6. BROWNE’S BISTRO
48. ROSEDALE CLUB 4 7. CLOCKTOWER BAR
8. BOXCAR SOCIAL
5 39 9. THE ROSEDALE DINER
10. NADEGE PATISSERIE
11. OLLIFFE
12. TERRONI
45
13. GREENHOUSE JUICE CO.
WOODLAWN AVE 14. CARENS ROSEDALE
6 15. AVANT GOUT
16. QUAIL AND FIRKIN
46
17. STRANGELOVE COFFEE
40 18. FRESHII
19. PANTRY ROSEDALE
7. CLOCKTOWER BAR 26. TUCK SHOP TRADING CO. SUBJECT PROPERTY 26 20. THE REBEL HOUSE
7 21. BLACK CAMEL
8 22. TRATTORIA NERVOSA
BIRCH AVE 27 23. KASA MOTO
24. ONE
42 25. STK
9
41 28 29 47 RETAIL
13. GREENHOUSE JUICE CO. 10
30
11 12 26. TUCK SHOP TRADING CO.
31 27. LCBO
14
13 28. HARVEST WAGON
15 16 29. BEER STORE
43 19 17 30. THE NARWHAL
AVENUE RD
18 31. FARROW & BALL TORONTO SHOWROOM
32 32. WANT APOTHECARY
20 33. PUSATERI’S
21 34. WHOLE FOODS
35. TIFFANY & CO.
36. GUCCI
37. HARRY ROSEN
YONGE ST
38. HOLT RENFREW
28. HARVEST WAGON 27. LCBO SERVICE COMMERCIAL
39. BLO BLOW DRY BAR
40. WAXON
48 41. TD CANADA TRUST
42. RBC ROYAL BANK
43. NEW WAY CLEANERS
BAY ST
34
OTHER
10. NADEGE PATISSERIE 50
44. THE BADMINTON & RACQUET CLUB OF TORONTO
24 45. THE YORK SCHOOL
49 22 33 46. DE LA SALE COLLEGE
25
23
47. TORONTO LAWN TENNIS CLUB
48. ROSEDALE CLUB
49. FOUR SEASONS
50. EQUINOX
35 36 37 38 BLOOR ST
6 6 7
47. TORONTO LAWN TENNIS CLUB 12. TERRONI 14. CARENS ROSEDALE
26 | 30 | 40 BIRCH AVENUE · TORONTO, ON
OFFERING PROCESS
CONFIDENTIALITY AGREEMENT
Potential purchasers that require access to the online
AL
document centre are to complete the Confidentiality CO
RN
Agreement and return it to: LSGGTA@CBRE.COM AV
E
DOCUMENT CENTRE
·· Survey
·· Phase 1 & 2 ESA
·· Floor Plans
·· Utilities Expense Summary
OFFER SUBMISSIONS
Please see CIM for Offer Submission Date.
All offers are to be submitted to:
Lauren White
lauren.white@cbre.com
CBRE Limited BI
RC
2005 Sheppard Ave E, Suite 800 H
Toronto, ON · M2J 5B4 AV
E
Lauren White* Mike Czestochowski** Ian Hunt* Jason Child* Nate Pace
Senior Vice President Executive Vice President Senior Vice President Vice President Sales Representative
416 495 6223 416 495 6257 416 495 6268 416 495 6249 416 495 6246
lauren.white@cbre.com mike.czestochowski@cbre.com ian.hunt@cbre.com jason.child@cbre.com nate.pace@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 limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the CBRE Limited
“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 2005 Sheppard Ave E,
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
Suite 800
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 are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services canadamapping@cbre.com; MapPoint,
Toronto, ON, M2J 5B4
DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth (09/18).
26 | 30 | 40 BIRCH AVENUE · TORONTO, ON
You can also read
