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VIEW ONLINE collierscanada.com/28592 1641 Victoria Park Avenue User or Redevelopment opportunity in close proximity to Don Valley Parkway and Eglinton Crosstown Site Area: 12,733 SF Building Size: 4,963 SF FOR SALE 1641 Victoria Park Avenue // Toronto // Ontario Colliers International 181 Bay Street Suite 1400 Toronto, ON | M5J 2V1 P: +1 416 777 2200 Nick Duder Sales Representative +1 647 798 6256 [email protected] Matthew Johnson* Vice President +1 416 643 3754 [email protected] Peter Davies* Vice President +1 416 643 3739 [email protected] $2,599,000 Asking Price *Sales Representative

Site Area: 12,733 SF Building Size: 4,963 SF $2,599,000 · HYDRO 0 14 feet Client:Colliers International (Canada) Version FP1A Measured:09/17/2019 ... Toronto Tax Rate for Commercial

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Page 1: Site Area: 12,733 SF Building Size: 4,963 SF $2,599,000 · HYDRO 0 14 feet Client:Colliers International (Canada) Version FP1A Measured:09/17/2019 ... Toronto Tax Rate for Commercial

VIEW ONLINE collierscanada.com/28592

1641 Victoria Park Avenue

User or Redevelopment opportunity in close proximity to Don Valley

Parkway and Eglinton Crosstown

Site Area: 12,733 SFBuilding Size: 4,963 SF

FOR SALE 1641 Victoria Park Avenue // Toronto // Ontario

Colliers International181 Bay Street Suite 1400

Toronto, ON | M5J 2V1P: +1 416 777 2200

Nick DuderSales Representative+1 647 798 [email protected]

Matthew Johnson*Vice President+1 416 643 [email protected]

Peter Davies*Vice President+1 416 643 [email protected]

$2,599,000Asking Price

*Sales Representative

Page 2: Site Area: 12,733 SF Building Size: 4,963 SF $2,599,000 · HYDRO 0 14 feet Client:Colliers International (Canada) Version FP1A Measured:09/17/2019 ... Toronto Tax Rate for Commercial

VIEW ONLINE collierscanada.com/ 28592

UP

UP

DN

DN

DN

CH=7'-11"

0 14

feet

Colliers International (Canada)Client:

VersionFP1A Measured: 09/17/2019

1641 Victoria Park AvenueToronto, Ontario, Canada

Floor 01

Gross AreaBasement: 1,985 sq ftFloor 1: 1,988 sq ftFloor 2: 990 sq ft

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: 09/23/2019 District Victoria Village, Scarborough

Official Plan Apartment Neighbourhoods

Land Use/Zoning Residential Apartment

Current Use Office*

Site Area 12,733 SF

Approx. Frontage 68 FT

Approx. Depth 187 FT

Building Size 4,963 SF (Inclusive of lower level)

Year Built / Renovated 1938 / 1973

Onsite Parking Approx. 12 stalls

Property Taxes (2019) $29,903.90**

INVESTMENT HIGHLIGHTS

SITE SPECIFICATIONS

FOR SALE 1641 Victoria Park Avenue // Toronto // Ontario

LAND USE:

• City of Toronto Official Plan: Apartment Neighbourhoods

• Plenty of neighbourhood context for multi-residential construction

• Prior uses allow building to accommodate commercial and residential uses

LOCATION:

• High exposure on Victoria Park Avenue, with over 23,000 vehicles passing the property daily

• 5 minute drive to CF Shops at Don Mills

• 4 minute drive to the rapidly improving Golden Mile (Eglinton Square Shopping Centre, Smart Centres Scarborough, Eglinton Town Centre, Golden Mile Plaza)

TRANSIT:

• Don Valley Parkway access in less than 5 minutes via Eglinton or Lawrence

• 401 access in 5 minutes via Victoria Park

• Serviced by TTC bus lines 24 Victoria Park, 924 Victoria Park Express, and 70 O’Connor

• 12 minute walk to O’Connor LRT Stop on Eglinton Crosstown

DN

CH=7'-9"

0 8

feet

Colliers International (Canada)Client:

VersionFP1A Measured: 09/17/2019

1641 Victoria Park AvenueToronto, Ontario, Canada

Floor 02

Gross AreaBasement: 1,985 sq ftFloor 1: 1,988 sq ftFloor 2: 990 sq ft

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: 09/23/2019

UP

WH

UP

CH=7'-5"

CH=6'-7"

HYDRO

0 14

feet

Colliers International (Canada)Client:

VersionFP1A Measured: 09/17/2019

1641 Victoria Park AvenueToronto, Ontario, Canada

Basement

Gross AreaBasement: 1,985 sq ftFloor 1: 1,988 sq ftFloor 2: 990 sq ft

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: 09/23/2019

FIRST FLOOR SECOND FLOOR LOWER LEVEL

*continuation of current use permits office & residential uses on site** taxes based on the MPAC assessed value on January 1 2016 and the City of Toronto Tax Rate for Commercial General properties for the year 2018

1,928 SF 990 SF 1,985 SF

Page 3: Site Area: 12,733 SF Building Size: 4,963 SF $2,599,000 · HYDRO 0 14 feet Client:Colliers International (Canada) Version FP1A Measured:09/17/2019 ... Toronto Tax Rate for Commercial

SELECT AREA RETAIL AMENITIES

1682 Victoria Park Avenue

10 Concorde Place

Wynford Gardens

1970 Victoria Park Avenue

DVP

1 Eglinton Square

LegendEglinton Crosstown

TTC Bus Line

Highway

Roadway

Cycling pathwaysProposed multi-residential developments

VIEW ONLINE collierscanada.com/28592

2150 Lawrence Avenue E

FOR SALE 1641 Victoria Park Avenue // Toronto // Ontario

• No Frills

• Work Authority

• City Buick GMC Cadillac

• Shell

• KFC

• Tesla Toronto

• Value Village

• Shell

• Fit4Less

• Metro

• Shoppers Drug Mart

• Walmart

• Starbucks

• Canadian Tire

• Beer Store

• Service Ontario

• Sportchek

• Best Buy

• Costco

• Petsmart

• Popeyes Louisiana Kitchen

• Burrito Boyz

• Staples

• Mandarin

• Cineplex

• Lowes

• Rona

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Page 4: Site Area: 12,733 SF Building Size: 4,963 SF $2,599,000 · HYDRO 0 14 feet Client:Colliers International (Canada) Version FP1A Measured:09/17/2019 ... Toronto Tax Rate for Commercial

VIEW ONLINE collierscanada.com/ 28592

Colliers International181 Bay Street Suite 1400

Toronto, ON | M5J 2V1P: +1 416 777 2200

This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, represen-tations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any in-terested 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. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2019. All rights reserved. Colliers Macaulay Nicolls (Ontario) Inc., Brokerage. *Sales Representative

FOR SALE 1641 Victoria Park Avenue // Toronto // Ontario

Nick DuderSales Representative+1 647 798 [email protected]

Matthew Johnson*Vice President+1 416 643 [email protected]

Peter Davies*Vice President+1 416 643 [email protected]