WELL-CONNECTED TO EVERYTHING STRATEGICALLY LOCATED IN THE HEART OF THE NEW COMMUTER HUB
WELL-CONNECTED TO EVERYTHING
THE NEW HUB The Finch & Keele intersection is set to become Toronto’s busiest transit hub, with thousands of commuters every hour. TTC and Metrolinx’s multi-billion dollar transit projects, the new Finch West Subway and Light Rail Transit (LRT), will completely transform the Downsview Corridor. As traffic increases, so do the number of businesses in both commercial and retail sectors, and proximity to transit will be at a premium. By 2020, it is expected that approximately 9,000 additional residents will settle in the York West area, drawn by the increase in jobs, businesses, and institutions in the neighbourhood. Leading the neighbourhood regeneration is Real Wealth Group’s most recent development—University Heights Professional & Medical Centre.
WELL-CONNECTED: TTC & LRT
As numerous projections confirm that the Finch West Station and LRT will create the busiest transit hub in Toronto, it follows that the Finch and Keele area is about to undergo an evolution.
TTC FACTS:
• Federal and Provincial government pledge of $2.6 billion • Extension of the Yonge–University–Spadina line • 8.6 kilometre extension • 6 new stops north of Downsview Park • Trains every 4 minutes • Fall 2016 subway service • Station design by Stevens Group Architects • Finch West Station underground stop • Main entrance on north east side of Finch and Keele
LRT FACTS:
• 11 kilometres of new transit • Construction begins in 2015 • Launch in 2020 • Utilizes a dedicated centre lane • $8.4 billion LRT transit plan
OVER 7,100 SQUARE FEET
OF ECO-FRIENDLY, PROFESSIONALLY LANDSCAPED, SHARED GREEN SPACE.
3rd Floor Terrace
UNIVERSITY HEIGHTS FEATURES
THE OPPORTUNITY
• 89 customizable, divisible and expandable office units of 550 to over 2,500 square feet for sale • 6 select units with large exclusive balconies • Located within steps of the Finch West Station transit hub • Professional designer finishes throughout lobby and common areas by Ambience Design Group (also available for hire for individual professional condo design consultation). Property mangement by Delcom • Constructed to Toronto Green Standard Tier 2 qualifications, utilizing high reflecting materials, energy efficient controls, and low impact mechanical fixtures
With indications of a powerful rental market coming to the forefront, commercial property in the Greater Toronto Area (GTA) continues to be a sought-after investment. In a city where real estate investment has proven highly lucrative, office condominiums are in short supply and office space is commanding above average rents. The combination of low vacancy, stable-to-rising rental rates, readily available capital, and multibillion dollar transit projects guaranteeing an influx of commuter traffic, create an ideal mix of market fundamentals for solid investment conditions. As office condo ownership is rare in Canada with pension funds, real estate investment trusts, and institutional funding commonly crowding out investors, University Heights presents a rare and remarkable investment opportunity.
WELL-CONNECTED TO EVERYTHING
For further information, please contact:
Marc Oliver
Sales Representative T 416 495 6255
[email protected] Terry Di Felice*, MBA Vice President T 416 495 6209
[email protected] Steven Weiss*
Sales Representative T 416 495 6317
[email protected] Matthew Pieszchala
Sales Representative T 416 495 6278
[email protected] CBRE Limited, Brokerage | 2001 Sheppard Avenue East, Suite 300 | Toronto, ON M2J 4Z8 | T 416 494 0600 F 416 494 6435 | www.cbre.ca
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”). information set out herein, including, without limitation, 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 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. 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
[email protected]; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth October, 2014.