Urban Retail Opportunity - JLL
Offering Guidelines Jones Lang LaSalle Real Estate Services, Inc. (the “Advisor”) has been retained by ARR Holdings Inc. (the “Vendor”), on an exclusive basis, to sell 998 College Street, Toronto, Ontario (the ‘Property”). The property represents a rare opportunity for an investor to acquire a significant strip of street front retail units on the ground floor of a new boutique condo complex, in a thriving retail and residential neighbourhood. The total Property is offered for sale at a price of $3,156,350 and will be sold on an as-is, where is basis, free and clear of debt. The Vendor’s objective is to maximize sale proceeds while preference will be given to Offers with limited conditionality and timely closing. Offers will be considered by the vendor on an as received basis and should be submitted to the attention David Horowitz, 199 Bay Street, Suite 4610 Toronto ON M5L 1G3.
Asking Price(s) The units can be purchased as a whole or on an individual basis. Offering details are below: Unit 1: 2,150 SF, 45 ft. (Frontage), $1,565,250. Unit 2: 1,185 SF, 30 ft. (Frontage), $841,350. Unit 3 (Corner Unit with Patio): 1,055 SF, 20 ft. (Frontage), $749,050.
For Sale
Urban Retail Opportunity 998 College St., Toronto, ON An excellent opportunity to acquire a significant strip of street front retail units on the ground floor of the IT LOFTS, a new boutique commercial condo complex. The 3 units have 95 feet of College Street frontage, and are nestled between Little Italy, Little Portugal, Dufferin Grove, all of which are within walking distance of the Ossington Subway Station.
Total: 4,390 SF, 95 ft. (Frontage), $3,156,350.
For more information please contact: David C. Horowitz*
Elliot Medoff*
Urban Investment Sales & Leasing Jones Lang Lasalle +1 416 525 2005 [email protected]
Vice President JLL Capital Markets Group +1 416 238 9768 [email protected]
Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their representatives, 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 The Property may be withdrawn without notice.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. ©2014. Jones Lang LaSalle. All rights reserved.
Key Highlights This low-rise boutique condominium is located on College Street, neighbouring the communities of Little Italy, Little Portugal and Dufferin Grove.
Location
• Prime College Street location. • Corner property with 95 feet of Frontage on College Street. • Excellent access to pubic transit. • Patio potential.
Property Details Title: Condominium Condo Units: 3 Total Retail Area (SF): 4,335 Occupancy: Vacant Frontage (ft): College St.: 95 Frontage (ft): Rusholme Rd.: 40 Zoning: MCR T3.0 C1.0 R2.5 Official Plan: Mixed Use
Accessible by car, or transit, this bustling location is minutes from the Downtown core. There are a wide variety of retailers in the area, including well-known local establishments as well as nationally recognized tenants. With young professionals and families dominating the local demographic, the neighbourhood is active throughout the day and night. Mom & Pop ethnic Portuguese and Italian restaurants, bakeries, smoothie shops, and small boutique cafes are all within a quick walk from the property.
For more information please contact: David C. Horowitz*
Elliot Medoff*
Urban Investment Sales & Leasing Jones Lang Lasalle +1 416 525 2005 [email protected]
Vice President JLL Capital Markets Group +1 416 238 9768 [email protected]
Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their representatives, 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. ©2014. Jones Lang LaSalle. All rights reserved.
Asking Price(s) The units can be purchased as a whole or on an individual basis. Offering details are below: Unit 1: 2,150 SF, 45 ft. (Frontage), $1,565,250. Unit 2: 1,185 SF, 30 ft. (Frontage), $841,350. Unit 3 (Corner Unit with Patio): 1,055 SF, 20 ft. (Frontage), $749,050.
For Sale
Urban Retail Opportunity 998 College St., Toronto, ON An excellent opportunity to acquire a significant strip of street front retail units on the ground floor of the IT LOFTS, a new boutique commercial condo complex. The 3 units have 95 feet of College Street frontage, and are nestled between Little Italy, Little Portugal, Dufferin Grove, all of which are within walking distance of the Ossington Subway Station.
Total: 4,390 SF, 95 ft. (Frontage), $3,156,350.
For more information please contact: David C. Horowitz*
Elliot Medoff*
Urban Investment Sales & Leasing Jones Lang Lasalle +1 416 525 2005 [email protected]
Vice President JLL Capital Markets Group +1 416 238 9768 [email protected]
Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their representatives, 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. ©2014. Jones Lang LaSalle. All rights reserved.
Key Highlights This low-rise boutique condominium is located on College Street, neighbouring the communities of Little Italy, Little Portugal and Dufferin Grove.
Location
• Prime College Street location. • Corner property with 95 feet of Frontage on College Street. • Excellent access to pubic transit. • Patio potential.
Property Details Title: Condominium Condo Units: 3 Total Retail Area (SF): 4,335 Occupancy: Vacant Frontage (ft): College St.: 95 Frontage (ft): Rusholme Rd.: 40 Zoning: MCR T3.0 C1.0 R2.5 Official Plan: Mixed Use
Accessible by car, or transit, this bustling location is minutes from the Downtown core. There are a wide variety of retailers in the area, including well-known local establishments as well as nationally recognized tenants. With young professionals and families dominating the local demographic, the neighbourhood is active throughout the day and night. Mom & Pop ethnic Portuguese and Italian restaurants, bakeries, smoothie shops, and small boutique cafes are all within a quick walk from the property.
For more information please contact: David C. Horowitz*
Elliot Medoff*
Urban Investment Sales & Leasing Jones Lang Lasalle +1 416 525 2005 [email protected]
Vice President JLL Capital Markets Group +1 416 238 9768 [email protected]
Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their representatives, 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. ©2014. Jones Lang LaSalle. All rights reserved.
