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CBRE Limited, Real Estate Brokerage | 145 King Street West | Suite 1100 | Toronto, ON M5H 1J8 | 416 362 2244 | www.cbre.ca
- Fully Leased Condo Retail For Sale -
Property Overview
Investment Highlights
365 Church is a new 29-storey residential condominium at Church and Carlton, built by Menkes, one of Toronto’s premier condo developers.Located south of Carlton Street, on the east side of Church Street, the Property is surrounded by numerous amenities including Ryerson University, The Mattamy Athletic Centre, and among Toronto’s best restaurants and nightlife venues. The Property is easily accessible by public transit via the College/Carlton Streetcar line and steps away from College TTC Subway station.
» Built by Menkes Developments, one of the most respected developers in Canada » 2,625 sq. ft. of retail space, 100% leased, at the base of a new 387-unit condominium building » Approximately 100 feet of frontage onto Church Street » Neighbouring retailers and traffic generators include Maple Leaf Gardens, Ryerson University
and College Park » Exceptional connectivity to public transportation » Retail units generate approximately $126,000 in Net Operating Income annually » Over 15% contractual increase in net rents over remaining 9+ year lease terms
CHURCH STREET
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365-373 Church StreetToronto, Ontario
Tel: 1-877-963-2787
13/06/2017Prepared:
Measured:
Version:
1-877-402-4690Fax:
www.xmeasures.com
"Client"
feet
0 7 14
This work product has been prepared by ExtremeMeasures Inc. pursuant to a contract with the Clientfor the sole benefit of and use by the Client. No thirdparty may rely on this work product without the receiptof a reliance letter from Extreme Measures Inc.
This work product or portions thereof relies uponinformation provided by the Client and/or from thirdparties introduced by the Client that has not beenindependently verified by Extreme Measures Inc.Extreme Measures Inc. is not liable for any errors,omissions or inaccuracies that may result from suchinformation.
Ground Floor Retail Units
12/05/2017V3
RAMP UP
1510 @ 8.0%
RAMP UP
2135 @ 8.00%
RAMP UP
5270 @ 8.00%
UP
UP
DN
UP
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P.S.
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373 CHURCH 1,461 sq ft
369 CHURCH1,164 sq ft
RETAIL GARBAGEROOM
LOADINGAREA
CHURCH STREET
UNIT 11,461 sq.ft
UNIT 21,164 sq.ft.
CONDOLOBBY
Floor Plan
~57 Feet ~44 Feet
Location Overview
Average Household Income*
Daytime Population*
$77,531 135,165
*Within a 1km Radius of 365 Church St
365 Church Street is centrally located in downtown Toronto, steps from the popular Church & Wellesley neighbourhood and the heart of Ryerson University. It is located within a few minutes walk to both College and Dundas Subway stations and seconds from a 506 College Streetcar stop.
365 Church benefits greatly from its proximity to Ryerson University. Distinctly urban, culturally diverse and inclusive, the university is home to over 45,000 students, including 2,300 master’s and PhD students and nearly 2,700 faculty and staff. Ryerson’s Athletic Centre (formally the Maple Leaf Gardens) is located across the street from the site and features a full-sized 2,539 seat arena, basketball and volleyball courts, and a gym. All of Ryerson’s home game sporting events take place here, as well as galas and other events that are open to the public. Below the athletic centre is an 85,000 sq. ft. Loblaws, Joe Fresh and an LCBO.
The site also benefits from it’s proximity to Toronto’s Church Wellesley Village or “The Village”. The Village is a popular and lively neighbourhood all year around known for it’s cafes, restaurants, shops and nightlife, and every June hosts Pride Month, where thousands of people flock to the neighbourhood making it one of the largest pride festivals in the world.
The site is located in a rapidly growing neighbourhood. There are currently 14 condominium buildings under construction, and an additional 15 in the pre-construction phase in the immediate vicinity of 365 Church Street.
BLOOR-YORKVILLE
CHURCH &WELLESLEY
FINANCIALCORE
EATON CENTRE
ROGERS CENTRE
SCOTIABANKARENA
UNIVERSITY OF TORONTO
RYERSON UNIVERSITY
ENTERTAINMENT DISTRICT Line 1: Yonge University
Subway Line
Line 2: Bloor-Danforth Subway Line
YON
GE S
TREE
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MU
TUAL
STR
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YON
GE S
TREE
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CHU
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WELLESLEY STREET
CARLTON STREET
GRANBY ST
Mc GILL ST
StarbucksMarshalls
Reds Wine Tavern
Bed Bath & Beyond
MUJIForever 21
Nordstrom
Winners
Starbucks
Kinka IzakyayaKinton Ramen
Body Shop
Starbuck’s
A&W
FreshiiWine Rack
Adidas
Winners
Met
ro
Cine
plex
Jack
Ast
ors
Good
life
Fitn
ess
Mile
ston
es
Ryerson University
David’s Tea
Second Cup
Ryerson Atheletic Centre
LoblawsJoe Fresh
LCBO
ALLEN GARDENS
EATON CENTRE
GERRARD STREET
DUNDAS STREET
JARV
IS S
TREE
T
SHER
BOU
RNE
STRE
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1
6
7
8
9
2
3
4
510
11
12
13
20 14 15 21
22 25
23
24
26
29
27
28
16
17
18
19
365Church Street
Area Condo Developments Condominium Units/Stories
Status
1 280 Jarvis Street 306 units25/10 storeys Pre-Construction
2 308 Jarvis Street 470 units34 storeys Pre-Construction
3 Stanley Condominiums
537 units41 storeys Under Construction
4 Axis Condominium 541 units38 storeys Under Construction
5 2 Carlton 1046 units73 storeys Pre-Construction
6 YSL 1106 units85 storeys Pre-Construction
7 Grid Condos 568 units50 storeys Under Construction
8 Dundas Square Gardens
1004 units50/19 storeys Under Construction
9 in.DE Dundas East & Jarvis Condo
205 units21 storeys Pre-Construction
10 YC Condos 639 units62 storeys Under Construction
11 Halo Residences 451 units38 storeys Under Construction
12 TeaHouse 501Condominiums
832 units52/25 storeys Under Construction
13 Wellesley on the Park
739 units60 storeys Under Construction
14 VOX Condos 337 units35 storeys Under Construction
15 50 at Wellesley Station
365 units37 storeys Under Construction
YSL RESIDENCES AXIS CONDOS TEAHOUSE 501
Over 17,400 new condominium units under-construction or in the pre-construction phase in the immediate vicinity of 365 Church Street
Condominium Units/Stories
Status
16 8 Elm 469 units80 storeys Pre-Construction
17 Eaton Chelsea Redevelopment
1,897 units4 towers Pre-Construction
18 415 Yonge Street(Rental)
450 units61 storeys Pre-Construction
19 475 Yonge Street 1,274 units58/48 storeys Pre-Construction
20 10 Wellesley St W 466 units64 storeys Pre-Construction
21 552 Church Street 442 units39 storeys Pre-Construction
22 Eighty One Wellesley
179 units28 storeys Under Construction
23 Prime Condos 579 units45 storeys Pre-Construction
24 295 Jarvis Street 351 units36 storeys Pre-Construction
25 159SW Condos 360 units36 storeys Under Construction
26 Menkes 60 Shuter Street
320 units29 storeys Under Construction
27 Panda Condos 555 units30 storeys Pre-Construction
28 Social Condos 662 units52 storeys Pre-Construction
29 Alter 337 units33 storeys Under Construction
Arlin Markowitz*Senior Vice President
416 815 2374 [email protected]
Alex Edmison*Vice President
416 874 7266 [email protected]
Jackson Turner**Senior Sales Associate
416 815 2394 [email protected]
Teddy TaggartSales Represenative
416 847 3254 [email protected]
*Sales Representative**Broker
E.&O.E.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”). The 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 rep-resent, 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 re-cipient’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.
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