Nineteen Charlotte Street...11 | 19 Charlotte Street 12 Surrounding Developments 2 11 7 13 14 1 15 9...

200-55 University Avenue, Toronto 416.649.5920

Nineteen Charlotte StreetConfidential Information Memorandum

Virtual Tour Link Available!

Table of Contents1 Offering Process

4 Executive Summary

5 Building Overview

7 Neighbourhood Overview

9 Amenities

11 Surrounding Developments

13 Infill Development Investigation

15 Transit Overview

17 Zoning

18 Survey

19 Property Images

25 As-Built Floor Plans

21 | 19 Charlotte Street

Offering ProcessOffering ProcessLennard Commercial Realty, Brokerage, has been retained on an exclusive basis by the Vendor to arrange for the sale of 19 Charlotte Street in Toronto, Ontario (herein referred to as “the Offering” or “the Property”).

The Vendor will be open to accepting offers from interested parties immediately.

The Vendor reserves the right to alter the sale process.

200-55 University Avenue, Toronto 416.649.5920 lennard.com

David ClarkeVice President, Investment Sales Division Sales Representative

416.649.5905 [email protected]

Andrea KrausSenior Vice President Sales Representative


For more information on this asset, please contact:

Your commercial real estate partner.

Noah VanDuzerSales Representative B.Comm., Real Estate

416.915.5269

[email protected]

Mitch GoldSales Representative BCD, Planning

416.915.5271

[email protected]


Executive Summary19 Charlotte Street is improved with an existing 34,405 SF brick and beam office building available For Sale in Toronto, Ontario. The Property offers a unique and rare opportunity to acquire a signature brick and beam building in the downtown west node of the city. The property/building is partially occupied by G Adventures Inc.; a global leader in the adventure travel space.

Investment Highlights• Capital Improvements include a new roof system, brick repointing, new windows and

rooftop patio

• Steps to amenities, such as restaurants, theatres, hotels and entertainment/sports venues

Existing Tenancy• The Seller’s preference is to have G Adventures lease back the lower level, ground floor and

second floor for a period of 7 to 10 years

• The Seller will cause the tenant, G Adventures, to enter into a new lease upon closing of the transaction with the successful Purchaser

• If incentivized to vacate The Property, a short-term lease back will be necessary to relocate to new premises

User/Investor Options• Opportunity to occupy 13,938 SF (third AND fourth floors)

• Opportunity to occupy ~6,900 SF (third OR fourth floor)

• Vacant possession following a short lease back period


Building Overview

Property Highlights

• Located on the east side of Charlotte Street, between King Street West and Adelaide Street West

• The Gardiner Expressway is just over 1 kilometre South, providing easy connectivity to the QEW, Highway 427 and the DVP

• 100 Walk Score and Transit Score, and less than 10 minutes to Billy Bishop Toronto City Airport

Property Address

19 Charlotte StreetToronto, ONBuilding Size

34,405 SF

Total Frontage

56.4 ft on Charlotte StreetTotal Lot Size

7,286 SF (0.17 Acres)

Zoning

CRE

Legal Description

PT BLK H PL ADJOINING MILITARY RESERVE TWP OF YORK AS IN CA457057; CITY OF TORONTO TOGETHER WITH AN EASEMENT AS IN AT3144935 CITY OF TORONTO

Ownership Type

Freehold

Pin

214120160

Click Herefor a Virtual

Tour!

Walk Score

100 Very Walkable

Transit Score

100 Excellent Transit


Neighbourhood OverviewThe Property is surrounded by an array of retail, institutions, recreational parks, facilities and mid-rise and high-rise residential condominiums. Major national retailers are located in the area; Starbucks, LCBO, Fresh & Wild Market and Shoppers Drug Mart to name a few.


Amenities

1

3

2

54

8

11

13

116

9

11

7

2 LCBO

3 Winners

7 Bar Hop

9 Starbucks

5 23

24

25

Aroma Espresso Bar Wayne Gretzky’s Toronto

TIFF Bell Lightbox

Queen West Shopping Strip

8 Thai Princess

10 Shoppers Drug Mart

11

12

13

14

15

16

17

18

19

20

22

21

Orchid Nightclub

Hyatt Regency Toronto

Dollarama

Marshalls

SPIN Toronto

Fit Factory Fitness

GoodLife Fitness

Princess of Wales Theatre

Royal Alexandra Theatre

Victoria Memorial Square

Second City Comedy Club

Metro Toronto Convention Centre

6 Bulk Barn

1 Fresh & Wild

Legend

Subject Property

10

10

10

10

912

10

10

10

4 Noah’s Fine Foods

14

15

16

17

18

19

20

21

22

23

24

25


Surrounding Developments

211

713

14

1

15

109

Address Developer Size

1 11 Charlotte Street Lamb Development Corp High-Rise

2 14 Duncan Street Greenwin Limited High-Rise

3 24 Mercer Street Kalovida Canada High-Rise

4 30 Widmer Street Plaza High-Rise

5 38 Widmer Street Concord Adex High-Rise

6 55 Mercer Street Centre Court High-Rise

7 101 Spadina Avenue Great Gulf High-Rise

8 123 Portland Street Minto Communities Canada Mid-Rise

9 124 Peter Street Carlyle Communities High-Rise

10 150 Pearl Street Conservatory Group High-Rise

11 263 Adelaide Street Storey Living High-Rise

12 333 King Street West Empire Communities High-Rise

13 355 Adelaide Street West Go-To Developments High-Rise

14 400 King Street West Plaza High-Rise

15 411 King Street West Great Gulf High-Rise

16 440 Richmond Street West Lamb Development Corporation High-Rise

17 505 Richmond Street West MOD Developments Inc. Mid-Rise

18 533 King Street West Westbank Projects Corporation High-Rise

19 540 King Street West Great Gulf Mid-Rise

5

6

4

83

16

17

18

19

12

Subject Property


G AdventuresInfill Development Investigation

April 08, 2019

19 Charlotte Street, Toronto ON

Option 1 & 2

Lower Level 3:

Lower Level 2:

Lower Level 1:

L1 (Ground):

L2-4 (Typ. O�ice I):

L5 (Roof Level I):

L6-9 (Typ. O�ice II):

Roof Deck:

611.8

311.4

146.1

548.0

1,756.2 (585.4/flr)

359.9

1,528.4 (382.1/flr)

92.2

5,354 m2 57,650 sq.ft.

6,585

3,373

1,573

5,899

18,903 (6,301/flr)

3,874

16,452 (4,113/flr)

993

GFA (m2):FLOOR:

OPTION 1:

TOTAL:

GFA (sq.ft.):

Lower Level 1:

L1 (Ground):


L5 (Roof Level I):

L5.5 (Mezzanine):


Roof Deck:

611.8

548.0

1,756.2 (585.4/flr)

359.9

147.4

1,528.4 (382.1/flr)

92.2

5,043.9 m2 54,233 sq.ft.

6,585

5,899

18,903 (6,301/flr)

3,874

1,587

16,452 (4,113/flr)

993

GFA (m2):FLOOR:

OPTION 2:

TOTAL:

GFA (sq.ft.):

*Area counts do not include core elevators or stairs


April 08, 2019


Option 1 & 2

Lower Level 3:

Lower Level 2:

Lower Level 1:

L1 (Ground):


L5 (Roof Level I):


Roof Deck:

611.8

311.4

146.1

548.0

1,756.2 (585.4/flr)

359.9

1,528.4 (382.1/flr)

92.2

5,354 m2 57,650 sq.ft.

6,585

3,373

1,573

5,899

18,903 (6,301/flr)

3,874

16,452 (4,113/flr)

993

GFA (m2):FLOOR:

OPTION 1:

TOTAL:

GFA (sq.ft.):

Lower Level 1:

L1 (Ground):


L5 (Roof Level I):

L5.5 (Mezzanine):


Roof Deck:

611.8

548.0

1,756.2 (585.4/flr)

359.9

147.4

1,528.4 (382.1/flr)

92.2

5,043.9 m2 54,233 sq.ft.

6,585

5,899

18,903 (6,301/flr)

3,874

1,587

16,452 (4,113/flr)

993

GFA (m2):FLOOR:

OPTION 2:

TOTAL:

GFA (sq.ft.):



April 08, 2019


Option 1 & 2

Lower Level 3:

Lower Level 2:

Lower Level 1:

L1 (Ground):


L5 (Roof Level I):


Roof Deck:

611.8

311.4

146.1

548.0

1,756.2 (585.4/flr)

359.9

1,528.4 (382.1/flr)

92.2

5,354 m2 57,650 sq.ft.

6,585

3,373

1,573

5,899

18,903 (6,301/flr)

3,874

16,452 (4,113/flr)

993

GFA (m2):FLOOR:

OPTION 1:

TOTAL:

GFA (sq.ft.):

Lower Level 1:

L1 (Ground):


L5 (Roof Level I):

L5.5 (Mezzanine):


Roof Deck:

611.8

548.0

1,756.2 (585.4/flr)

359.9

147.4

1,528.4 (382.1/flr)

92.2

5,043.9 m2 54,233 sq.ft.

6,585

5,899

18,903 (6,301/flr)

3,874

1,587

16,452 (4,113/flr)

993

GFA (m2):FLOOR:

OPTION 2:

TOTAL:

GFA (sq.ft.):


Infill Development InvestigationSvN was retained by the owners to prepare a development study for what could be achieved on the subject site. The existing brick and beam structure is used as a podium, with new setback levels above.


Transit Overview City Distance Drive Time1 Scarborough 28.8 KM 49 Min2 Mississauga 26.3 KM 36 Min

3 Pearson International Airport 24.7 KM 26 Min

Billy Bishop Airport

Pearson International Airport

UP Express

GO Train

Streetcar Line

SubwayKey location

Subject Property


ZoningCRE

Survey

FEBRUARY 2, 2016

The property is zoned Commercial Residential Employment (CRE) and is located within the Regeneration Area Designation.


Property ImagesBasement: Floor 1:


Floor 2: Floor 3:


Floor 4: Rooftop Patio:


As-Built Floor PlansBasement: To Be Occupied By G Adventures – 6,621 SF Floor 2: To Be Occupied By G Adventures – 6,891 SF

Floor 1: To Be Occupied By G Adventures – 6,786 SF

ELEV

FHC

UP

WH

UP

UP

UP

UP

HYDRO VAULT

NO ACCESS PROVIDED

MECHANICALROOM

ELEC.

ELEC.ROOM

B100

BIKESTORAGEROOM

SERVERROOM

0 17

feet

Occupant Area Extended Circulation Floor Service & Amenity Area Building Amenity Area Building Service Area Rentable ExclusionG AdventuresClient:

G Adventures

VersionFP2A Measured: 07/17/2020

19 Charlotte StreetToronto, Ontario, Canada

Basement

Please refer to correspondingBOMA Office 2010 Method A AreaChart:

19charlotte-b10a-2a.pdf

This work product has been prepared by ExtremeMeasures Inc. pursuant to a contract with the Client for thesole benefit of and use by the Client. No third party mayrely on this work product without the receipt of a relianceletter from Extreme Measures Inc.

[email protected]

Created: 07/23/2020

ELEV

FHC

DN UP

DN U

P

MWRWWR

ELEC.

PLATFORM

200

0 17

feet


G Adventures



Floor 02




[email protected]

Created: 07/23/2020

ELEV

UP

FHC

DN

DN

WH

DN

UPDN

DN

ELEC.ROOM

100

LOBBY

SLIDE

OPEN TOBELOW

SERVERROOM

0 17

feet


G Adventures



Floor 01




[email protected]

Created: 07/23/2020


Floor 4: Available for User/Investor Or New Tenancy – 6,971 SF

ELEV

FHC

DNUP

DN U

P

MWRWWR

400

0 17

feet


G Adventures



Floor 04




[email protected]

Created: 07/23/2020

Floor 3: Available for User/Investor Or New Tenancy – 6,967 SF

UP

ELEV

FHC

DNUP

DN U

PWWR MWR

300

0 17

feet


G Adventures



Floor 03




[email protected]

Created: 07/23/2020

*Sales RepresentativeStatements and information contained are based on the information furnished by principals and sources which we deem reliable but for which we can assume no responsibility. Lennard Commercial Realty, Brokerage 2020.

200-55 University Avenue, Toronto 416.649.5920 lennard.com

David Clarke* Vice President, Investment Sales Division


Noah VanDuzer* B.Comm., Real Estate


Andrea Kraus* Senior Vice President


Mitch Gold* BCD, Planning


Nineteen Charlotte Street...11 | 19 Charlotte Street 12 Surrounding Developments 2 11 7 13 14 1 15 9...

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