325 RENFREW DRIVE UNIONVILLE, ON OFFICE CONDOMINIUM FOR SALE
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1 325 RENFREW DRIVE UNIONVILLE, ON OFFICE CONDOMINIUM FOR SALE
2 FOR MORE INFORMATION PLEASE CONTACT ASHLAR CROSBY CAIRO REALTY INC. Real Estate Brokerage 60 Renfrew Drive, Suite 240 Markham, ON L3R 0E1 T F ARAN POPE Principal/Sales Representative T E apope@ashlarcc.com The statements contained in this document are based upon the information furnished by the principal and sources which we deem reliable - for which we assume no responsibility which we believe to be correct. This submission is made subject to prior sale, change in price or terms, or withdrawal without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice. Legal counsel, accountants or other advisors should be consulted on matters related to this presentation. Ashlar Urban Realty Inc. - Real Estate Brokerage.
3 ASSET PARTICULARS LEGAL DESCRIPTION: Unit 13, Level 2, York region Condo Plan #646 ADDRESS: 325 Renfrew Drive, Unionville SUITE: 202 GROSS AREA: USEABLE AREA: 2,000 SF approximately 1,868 SF PROPERTY TAX: $8, (2014) MONTHLY CONDOMINIUM FEES: $ (includes HST) ASKING PRICE: $536,000 SUITE DETAILS: 4 Offices 1 Large Boardroom Small Lobby Men s and Woman s Washrooms Small Kitchenette 2 entrances - Lobby and Courtyard
4 AREA MAP The Renfrew Office Condo complex is well situated close to major 400 series Highways (404, 407 and 401) providing easy accessibilities for employees. 325 Renfrew Drive is a short walk to Viva Rapid Transit Bus station at Allstate Parkway and Hwy 7 which will provide a direct route to the new TTC Subway extension. The complex is directly adjacent to the new Cadillac Fairview Buttonville Mixed Use Redevelopment area which is slated to begin construction in 2016, which will provide a revitalization to the area. The area is well serviced by two major retail nodes at East Beaver Creek and Hwy 7 as well as 16th Avenue and Woodbine providing abundance of shopping and dining establishments. NOTABLE COMPANIES WITHIN IMMEDIATE AREA: BMW Canada Toshiba Canada Honda Canada Seneca College Markham Campus Enbridge Canada RESTAURANT ESTABLISHMENTS WITHIN IMMEDIATE AREA: Tim Hortons Mr. Sub The Keg Moxies Jack Astors Alice Fazoulis HOTELS WITHIN IMMEDIATE AREA: Among Many Others Delta Markham Courtyard Toronto Markham Hampton Inn & Suites by Hilton Monte Carlo Inn Markham Suites
5 ELGIN MILLS ROAD AREA MAP N W E S WARDEN AVENUE MARKHAM CIVIC CENTRE 16TH AVENUE MAJOR MACKENZIE LA FITNESS HIGHWAY 7 EAST HIGHWAY 407 WOODBINE AVENUE RETAIL NODE (BOSTON PIZZA, CANADIAN TIRE) SCHOLASTIC CANADA RETAIL NODE SUBJECT PROPERTY MONTE CAROLO INN & SUITES ENBRIDGE CANADA HONDA CANADA HIGHWAY 404 GE DIGITAL ENERGY BMW CANADA PHILLIPS CANADA LESLIE ROAD MAZDA CANADA BUTTONVILLE MIXED USE REDEVELOPMENT E BAYER CREEK RESTAURANT COMPLEX (ALICE FAZOOLI S, THE KEG, MOXIES, JACK ASTOR S DELTA MARKHAM SENECA COLLEGE COURTYARD MARKHAM 19TH AVENUE
6 CADILLAC FAIRVIEW BUTTONVILLE REDEVELOPMENT The Buttonville Mixed Use Redevelopment will provide a world class employment district and a vibrant mixed use lifestyle destination. This new development will revitalize the Allstate Business Park and become the economic hub of Markham. This mixed use development will provide best in class brand name retail shops and a diversity of eating and dining options right across the street from the property. It will also include a 7 acre water feature which will become the centre piece of the development. This project features 18 acres of open area and 13.5 acres of public parks. A well-defined neighbourhood centre where walkability is a focus should help reduce traffic congestion and provide a great working environment for the project and surrounding businesses. This mixed use concept and direct access to Highways 404 and 407 will provide an efficient traffic network which should have a minimal impact on the local businesses. The site plan proposes 2,800,000 sq. ft. of leasable office, 1,000,000 sq. ft. of retail, 600,000 sq. ft. of a hotel and convention centre and a 30,000 Sf health club. This development will transform the area into a vibrant neighbourhood boosting property values for the surrounding owners. 325 Renfrew stands to benefit from the dramatic redevelopment which should provide a significant appreciation for the new owner.
7 SUBJECT PROPERTY REDEVELOPMENT SITE PLANS SUBJECT PROPERTY
8 FLOOR PLAN
9 SITE TOUR FRONT OF BUILDING OFFICE LAYOUT LOBBY ENTRANCE 4
10 RECEPTION AREA OFFICE LAYOUT THE PROPERTY
11 GREATER TORONTO S COMMERCIAL REAL ESTATE EXPERTS
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