price reduction $2499000
PRICE REDUCTION
$2,499,000
MATTHEW JOHNSON* Vice President, Co-Chair Not-for-profit Advisory Group D: +1 416 643 3754 M: +1 416 505 4687
JEREMIAH SHAMESS* Private Capital Investment Group D: +1 416 620 2814 M: +1 647 884 5449
COLLIERS INTERNATIONAL 181 Bay Street, Suite 1400 Toronto, ON M5J 2V1 T: +1 416 777 2200 F: +1 416 777 2277 www.colliers.com/canada
253 Queen Street East represents a rare user building with future 1 redevelopment opportunity. Strategically located within the heart of Toronto’s dynamic and fashionable Leslieville neighbourhood, the Property offers an exceptional opportunity to acquire a 4,000 SF building on a 3,327 SF (0.076 acre) lot 20 feet of uninterrupted frontage across a bustling retail node on Queen Street East.
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ADDRESS
1253 Queen Street East, Toronto, ON
SITE AREA
3,327 SF (0.076 acres)
BUILDING SIZE
Improved with a two-storey commercial building of 4,000 SF
AGE
Constructed in 1979
ZONING
The Property is zoned CR 2.5 (c1.0); r(2.0) 552 (x2224)
OFFICIAL PLAN
Mixed Use Areas. This designation entails the lands used in a broad range of commercial, residential and institutional uses, in single use or mixed use buildings, as well as parks and open spaces and utilities.
otential users or investors are expected to capitalize on the continued intensification P of the Queen Street East corridor and the strong transportation networks within the immediate area. Coupled with a thriving retail landscape, this premium location will
FUTURE REDEVELOPMENT OPPORTUNITY
commercial or residential space in Downtown Toronto.
We l l - l o c a t e d i n a ra p i d l y e x p a n d i n g commercial and residential node, positioned directly adjacent to the TTC Streetcar Queen Street line along with its close proximity to the Don Valley Parkway and the Gardiner Expressway, the Property offers high-speed connections across the City of Toronto and beyond providing for exceptional positioning as a future redevelopment site. Potential investors are expected to capitalize on the continued intensification of the Queen Street East corridor and the strong transportation networks within the immediate area. Coupled with a thriving retail landscape, this premium location will continue to attract tenants and residents who are looking for high quality and affordable
ABUNDANCE OF AMENITIES Known as one of the trendiest and most fashionable areas in the City of Toronto, the Leslieville neighbourhood’s attractive streetscapes and its dynamic roster of retail amenities offer residents a rare “town-in-acity” feel. An area with numerous attractive parklands and recreational facilities, not only will tenants and residents enjoy the Property’s close proximity to Downtown Toronto, but the diverse mix of boutique shops and dining options the Leslieville area offers is one of the most unique and culturally rich in all of Toronto. In addition, the local communities are well serviced by an abundance of retail amenities including national grocery store chains, drug stores, banks, theatres, convenience stores as well as large-format department stores
MATTHEW JOHNSON* Vice President, Co-Chair Not-for-profit Advisory Group D: +1 416 643 3754 M: +1 416 505 4687
JEREMIAH SHAMESS* Private Capital Investment Group D: +1 416 620 2814 M: +1 647 884 5449
COLLIERS INTERNATIONAL 181 Bay Street, Suite 1400 Toronto, ON M5J 2V1 T: +1 416 777 2200 F: +1 416 777 2277 www.colliers.com/canada
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). © 2017. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Inc., Brokerage. *Sales Representative
$2,499,000
MATTHEW JOHNSON* Vice President, Co-Chair Not-for-profit Advisory Group D: +1 416 643 3754 M: +1 416 505 4687
JEREMIAH SHAMESS* Private Capital Investment Group D: +1 416 620 2814 M: +1 647 884 5449
COLLIERS INTERNATIONAL 181 Bay Street, Suite 1400 Toronto, ON M5J 2V1 T: +1 416 777 2200 F: +1 416 777 2277 www.colliers.com/canada
253 Queen Street East represents a rare user building with future 1 redevelopment opportunity. Strategically located within the heart of Toronto’s dynamic and fashionable Leslieville neighbourhood, the Property offers an exceptional opportunity to acquire a 4,000 SF building on a 3,327 SF (0.076 acre) lot 20 feet of uninterrupted frontage across a bustling retail node on Queen Street East.
St ngs Hasti reet
ue ven
ue ven
reet
Stre et
et
Stre
East
af le LePark Mapver Fore
Ave
rn Easte
ue
n Ave
ke broo Rush
et
Stre
e
Lesli
ue
n Ave
shire Berk
ue
n Ave
unt hmo Larc
ue
ven
A line Caro
ue
n Ave
d nifre Win
ue
ven
eA
Pap
ue
n Ave
ard Hew
ue
n Ave
aw
Carl
Ea ste rn Av e
Park
en Que
St Alton
e
et
Stre
ue ven
ve e Gro Lesli
sA Jone
on Curz
P
Lesli
ue ven
ue ven
ue ven
eA
Pap
nA Bosto
nue Ave
w
a Carl
e-y Hid aawrka
A dy Coa
East
A ount Bertm
A klyn Broo
reet
St das Dun
d
Roa
ld dfie Woo t rd as leva E Bou Shore e k La
ADDRESS
1253 Queen Street East, Toronto, ON
SITE AREA
3,327 SF (0.076 acres)
BUILDING SIZE
Improved with a two-storey commercial building of 4,000 SF
AGE
Constructed in 1979
ZONING
The Property is zoned CR 2.5 (c1.0); r(2.0) 552 (x2224)
OFFICIAL PLAN
Mixed Use Areas. This designation entails the lands used in a broad range of commercial, residential and institutional uses, in single use or mixed use buildings, as well as parks and open spaces and utilities.
otential users or investors are expected to capitalize on the continued intensification P of the Queen Street East corridor and the strong transportation networks within the immediate area. Coupled with a thriving retail landscape, this premium location will
FUTURE REDEVELOPMENT OPPORTUNITY
commercial or residential space in Downtown Toronto.
We l l - l o c a t e d i n a ra p i d l y e x p a n d i n g commercial and residential node, positioned directly adjacent to the TTC Streetcar Queen Street line along with its close proximity to the Don Valley Parkway and the Gardiner Expressway, the Property offers high-speed connections across the City of Toronto and beyond providing for exceptional positioning as a future redevelopment site. Potential investors are expected to capitalize on the continued intensification of the Queen Street East corridor and the strong transportation networks within the immediate area. Coupled with a thriving retail landscape, this premium location will continue to attract tenants and residents who are looking for high quality and affordable
ABUNDANCE OF AMENITIES Known as one of the trendiest and most fashionable areas in the City of Toronto, the Leslieville neighbourhood’s attractive streetscapes and its dynamic roster of retail amenities offer residents a rare “town-in-acity” feel. An area with numerous attractive parklands and recreational facilities, not only will tenants and residents enjoy the Property’s close proximity to Downtown Toronto, but the diverse mix of boutique shops and dining options the Leslieville area offers is one of the most unique and culturally rich in all of Toronto. In addition, the local communities are well serviced by an abundance of retail amenities including national grocery store chains, drug stores, banks, theatres, convenience stores as well as large-format department stores
MATTHEW JOHNSON* Vice President, Co-Chair Not-for-profit Advisory Group D: +1 416 643 3754 M: +1 416 505 4687
JEREMIAH SHAMESS* Private Capital Investment Group D: +1 416 620 2814 M: +1 647 884 5449
COLLIERS INTERNATIONAL 181 Bay Street, Suite 1400 Toronto, ON M5J 2V1 T: +1 416 777 2200 F: +1 416 777 2277 www.colliers.com/canada
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). © 2017. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Inc., Brokerage. *Sales Representative
