For SaleUrban GTA Investment Offering

402, 404, 408 Roncesvalles Avenue Toronto, ON Euan Darling*

Senior Associate+1 416 238 9961Euan.Darling@am.jll.com

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

*Sales Representative

Located at the southwest corner of the intersection of Roncesvalles Avenue and Howard Park

Avenue, 402, 404 & 408 Roncesvalles Avenue (the “Properties”) represents a rare opportunity

to acquire a streetfront retail assembly within one of Toronto’s most highly coveted urban

markets. Encompassed by new mid-rise residential developments and a diverse and growing

retail landscape, the Properties provide for access to one of the last available corner properties

in the area. With three retail storefronts offering a combined 75 feet of frontage on Roncesvalles

Avenue and 120 feet on Howard Park Avenue, the Properties benefit from close proximity to

numerous transit and automotive services, in addition to Toronto’s largest parkland, High Park,

directly to the west. Furthermore, the Properties are adjacent to three new and proposed mid-

rise developments to the north and east on Roncesvalles Avenue.

Property Details

Total Land Area: 8,959 sf

Total Building Area: 11,528 sf

Total Frontage: 75 ft.

Parking: Five (5) parking stalls

Zoning: CR 3.0 (c1.0 r; 2.5)

Official Plan: Mixed Use Area

Location OverviewOffering a prominent position within the heart of Roncesvalles Village, the Properties benefit from a core location between both Dundas Street West and Queen Street West, just steps from nearby High Park and Sorauren Park. Surrounded by an eclectic mix of boutique storefronts, independent eateries and numerous new-build mid-rise residential developments, the Properties offer an opportunity to acquire a significant land base within the market and to capitalize on a growing residential and retail climate.

Development ActivityThe immediate area has undergone a significant transformation in recent years, as new mid-rise developments and renovations such as the High Park Lofts, Feather Factory Lofts, and Roncesvalles Lofts bring new residents and greater density to the Roncesvalles Village area. Following on the success of past projects, the majority of select remaining land positions in the area are in various stages of planning and development. Triumph Developments are under construction at Howard Park II, their second project on Howard Park Avenue, to the immediate east of the Properties, while to the direct north, Worsley Urban Partners are under construction with The Roncy, a new 8-storey boutique development with adjacent townhouses on Howard Park Avenue.

Tenancy OverviewThe Properties are partially occupied by a variety of retail and residential tenancies, offering month-to-month and short-term in-place agreements, providing prospective purchasers with significant near-term upside and flexibility on closing.

Salient Facts

408 Roncesvalles Ave.

402 Roncesvalles Ave.

404 Roncesvalles Ave.

408 Roncesvalles Ave.

404 Roncesvalles Ave.

402 Roncesvalles Ave.

Land Area: 3,540 sf

Building Area: 4,900 sf

Frontage: 29.5 ft

Depth: 120 ft

Parking: Four (4) surface stalls

Apartment Units: Three (3)

Land Area: 2,659 sf

Building Area: 2,500 sf

Frontage: 22 ft

Depth: 120 ft

Parking: None

Apartment Units: Two (2)

Land Area: 2,760 sf

Building Area: 4,128 sf

Frontage: 23 ft

Depth: 120 ft

Parking: One (1) private garage

Apartment Units: Two (2)

Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their represen-tatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the Property without express or implied warranties of any kind. The Property may be withdrawn without notice. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. ©2017. Jones Lang LaSalle. All rights reserved. *Sales Representative **Broker.

Offering ProcessJLL has been exclusively retained by the Vendor to seek proposals to acquire the Properties. The Properties are offered for sale collectively or on an individual basis. The Vendor’s objective is to maximize sale proceeds while preference will be given to offers with limited conditionality and timely closing. Offers should be submitted to the attention of Euan Darling or Elliot Medoff at 22 Adelaide Street West, Suite 2600, Toronto, ON, M5H 4E3.

For more informationplease contact:

Euan Darling*Senior Associate+1 416 238 9961Euan.Darling@am.jll.com

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

*Sales Representative

408 Roncesvalles Ave.

404 Roncesvalles Ave.402 Roncesvalles Ave.

Roncesvalles Ave.Howard Park Ave.

Downtown Lake Ontario