SOUTH GATEWAY REDEVELOPMENT OPPORTUNITY 24 Bramalea Road, Brampton, ON

N O N - E N D O R S E M E N T A N D D I S C L A I M E R N O T I C E Non-Endorsements Marcus & Millichap, Brokerage ( Marcus & Millichap ) is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS.

P R E S E N T E D B Y Varun Mahimker Sales Representative Toronto Office Tel: (416) 585-4646 Fax: (416) 585-4645 varun.mahimker@marcusmillichap.com License: Ontario 4784128 Jason Castiglione Sales Representative Toronto Office Tel: (416) 585-4646 Fax: (416) 585-4645 jason.castiglione@marcusmillichap.com License: Ontario 4767143

TABLE OF CONTENTS SECTION INVESTMENT OVERVIEW 01 Property Overview Executive Summary Regional Map Local Map Aerial Photo Photos Zoning MARKET OVERVIEW 02 Market Analysis Demographic Analysis

INVESTMENT OVERVIEW 5

PROPERTY OVERVIEW PROPERTY OVERVIEW The subject property represents a unique opportunity for an investor to acquire approximately 41,382 SF (0.95 acres) of prime redevelopment land at the signalized intersection of Bramalea Road and Orenda Road in Brampton Ontario. The property is located just steps from one of the biggest GO Stations in Brampton and just minutes from highways 407, 410, 400, and 427. The property benefits from exposure to two major streets including 185 feet of frontage along Bramalea Road and 223.5 feet of frontage along Orenda Road with direct access from both streets. 24 Bramalea Road sits in the center of the City of Brampton's "South Gateway Redevelopment Area", with the land used designated as Mixed-Use (Office & Retail). Offices and hotel/motel uses may be developed at a Maximum Floor Space Index of 1.5 and to a maximum building height of 8 storeys (24 metres) within the Mixed-Use designation. The area is currently undergoing intensification with support from the city to redevelop several other properties in the near vicinity. PROPERTY OVERVIEW CORNER LOT Walking Distance from Bramalea Go Station Located at the Center of The Bramalea Road South Gateway Redevelopment Area Close Proximity to 407, 410, 400, 427 185 Foot Frontage On Bramalea Road 2017 Phase II Environmental Report Available Clean Max Floor Space Index of 1.5 62,073 SF buildable (41,382 SF x 1.5) 6

EXECUTIVE SUMMARY OFFERING SUMMARY VITAL DATA Price REQUEST FOR OFFER Zoning (Current) Highway Commercial Two HC2 Lot Size (SF) 41,382 Category Commercial Lot Size (Acres) 0.9500 Address 24 Bramalea Road Lot Dimensions 185 FT X 223.5 FT City, Province Brampton, ON Frontage Bramalea Rd 185 FT Taxes $37,345 Frontage Orenda Rd 223.5 FT Environmental Report Phase II Clean (2017) # 7

REGIONAL MAP 8

LOCAL MAP 9

AERIAL PHOTO 10

PHOTOS 11

PLANNING MAP CITY OF BRAMPTON 12

MARKET OVERVIEW 13

MARKET OVERVIEW TORONTO Market Highlights Highly skilled workforce Toronto boasts a well-educated workforce. The share of metro residents with a bachelor s degree exceeds the national average. Large financial sector The presence of the Toronto Exchange and Big Five banking headquarters make Toronto the financial capital of Canada. Growing high-tech industry Markham is home to Canada s highest concentration of technology firms, making it the Silicon Valley of Canada. Well-developed Industrial market Toronto has one of the largest industrial nodes in North America.. Geography The Greater Toronto Area, (GTA) is composed of the city of Toronto and the surrounding districts of Halton, Durham, York and Peel in the Canadian province of Ontario. The southern border of the metro is formed by Lake Ontario. Large portions of the Toronto metro remain undeveloped in the form of woodlands and agricultural pastures. Additionally, development is limited along conservation-protected lands known as the Greenbelt, which includes the areas of Oak Ridges Moraine, Rogue Park and the Niagara Escarpment just outside the city. Toronto Metro

MARKET OVERVIEW TORONTO Metro The Greater Toronto Area is home to more than 6.6 million residents and is one of North America s most populated metropolitan areas. The city of Toronto itself, with more than 2.8 million people, is Canada s largest city. The city is expected to reach more than 2.9 million inhabitants by 2020. Infrastructure The GTA contains a vast and widely used freeway system, composed of the King s Highways and multiple municipal expressways. As an economic powerhouse with a large manufacturing base, the metro is also a major center for rail and freight distribution. The Canadian National Railway and Canadian Pacific Railway both operate intermodal facilities in the area. The Port of Toronto is the region s major port and a hub for freight transportation. The facility handles more than 1.5 million tons of cargo every year. Air transportation is provided by the Toronto Pearson International Airport, which offers service to more than 40 million passengers annually. Other airports nearby include the Billy Bishop Island Airport, the Buttonville Airport (Markham) and the Hamilton International Airport. In addition, a new airport has been proposed in Pickering. The region s multiple independent public transportation providers are in the process of consolidating under the banner of Metrolinx. From subways to intraregional rail service, the merged Metrolinx system will allow passengers to traverse throughout Greater Toronto and beyond with a simplified and streamlined fare structure. Largest Cities in Metro by Population Toronto 2,807,300 Peel 1,432,500 York 1,146,400 Durham 663,700 Halton 550,000 Airports: Toronto Pearson International Airport, Billy Bishop Island Airport, Buttonville Airport, Hamilton International Airport Major Roadways Highways 400, 401, 403, 404, 407 ETR, 409, 410 and 427 Queen Elizabeth Way, Gardiner Expressway Rail Freight- Canadian National Railway; Canadian Pacific Railway Passenger-Metrolinx, TTC, LRT, Via Train Go Transit Ports Port of Toronto The Toronto GTA is: 110 km from Kitchener-Waterloo 450 km from Ottawa 540 km from Montreal 760 km from New York City, U.S. 840 km from Chicago, U.S. * Forecast Sources: Marcus & Millichap Research Services; Environics

MARKET OVERVIEW TORONTO Economy The Greater Toronto Area boasts Canada s most vibrant economy, containing approximately 40 percent of all Canadian business headquarters and producing roughly 20 percent of the entire nation s GDP. The GTA provides a mixture of service, retail, logistics, distribution and manufacturing industries, which combine to make a well-diversified economy. Toronto s financial sector has a significant impact on the local economy. The Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce, collectively known as Canada s Big Five, all house their corporate headquarters in Toronto s Financial District. The district is also home to the Toronto Stock Exchange where the S&P/TSX Composite Index is traded. These banks and financial institutions provide crucial venture capital to the region s growing high-tech sector. The municipality of Markham contains Canada s highest concentration of technology companies and is often referred to as Canada s High-Tech Capital. Toronto hosts North America s second-largest automotive industry, following Detroit. Ford, Chrysler and General Motors operate large manufacturing facilities in the area, while Toyota and Honda have fabrication plants nearby. The media industry is another economic driver with firms such as McClelland & Stewart, Rogers Communications and Cookie Jar Group. Port of Toronto Quick Facts Ocean-Going Ships 35-45 Recreational Boaters 7,000 Cruise Ships 15 Cruise Passengers 5,400 Total Cargo Tonnage (million metric) 1.6 Warehouse space (sq. ft.) 225,00 GMP = Gross Metropolitan Product * Forecast ^ Greater Toronto Area Sources: Marcus & Millichap Research Services; Environics; PortsToronto

MARKET OVERVIEW TORONTO Labor The GTA provides more than 3.7 million jobs to a highly diverse population of workers. Local employment is expected to expand 1.0 percent annually over the next five years, for a total of approximately 190,100 new positions. The rate of job growth will outpace the Canadian and Ontario average, which are forecast to expand by 0.8 and 0.7 percent each year through 2020, respectively. As one of Canada s primary economic centers with a thriving consumer base, jobs in sales and service comprise the largest share of employment. This sector contributes 24 percent of all payrolls in the region, with nearly 862,000 positions. The large financial industry underpins the business and finance sector, which provides 17 percent of jobs. Employment in health and sciences accounts for another 14 percent, while the education, government and human services, and management sectors each deliver 12 percent of the GTA s jobs. * Forecast ^ Greater Toronto Area Sources: Marcus & Millichap Research Services; Environics

MARKET OVERVIEW TORONTO Employers Toronto is home to a number of Fortune 500 headquarters, including Manulife Financial, Royal Bank of Canada, George Weston, Toronto-Dominion Bank, Bank of Nova Scotia, Magna International, Onex and Sun Life Financial. Greater Toronto contains more than 287,800 individual businesses across a variety of employment sectors. With approximately 633,400 jobs in Toronto s business and finance sector, Canada s Big Five banking institutions provide a large number of employment opportunities in the region. Two of the world s largest life insurance providers, Sun Life Financial and Manulife Financial, call the metro home. The municipality of Markham contains nearly 900 individual technology companies, which provide numerous high-quality positions. In addition to various startups and small firms, technology companies such as IBM, Hewlett-Packard and Oracle also offer significant employment. The automotive industry also supports a sizable number of jobs in the GTA. While Ford, Chrysler and General Motors fabrication facilities are among the top employers in this sector, a number of automobile parts manufacturers have deemed Toronto their headquarters of Canadian operations. With education and health services providing a major portion of service sector employment, significant employers in this segment include the Sunnybrook Health Sciences Centre, Toronto General Hospital, University of Toronto and York University. Air Canada Inc. Bank of Nova Scotia Magna International Canada Post Corp. Major Employers Canadian Imperial Bank of Commerce Royal Bank of Canada Toronto Transit Commission Bank of Montreal Ford Motor Company of Canada Ltd. IBM Canada Ltd. * Forecast ^ Greater Toronto Area Sources: Marcus & Millichap Research Services; Environics

MARKET OVERVIEW TORONTO Demographics The GTA contains a population of approximately 6.6 million people and is forecast to grow at an average pace of 1.3 percent annually through 2020. Over the past five years, the metropolitan area gained approximately 208,700 new residents and will add an additional 235,000 people by 2020. With roughly 57 percent of area residents falling within the working ages of 25 to 64, Toronto boasts a robust labor force. The median age in the metro is 39.0 years, younger than the national median of 40.4. Over the next five years, a large swell of the population is expected to enter retirement. Residents in the 65 and older age cohort are forecast to grow significantly during this period. As the primary economic center of Canada, Toronto residents tend to be more educated and earn higher salaries than at the national level. Approximately 32 percent of Toronto s population age 25 and older has attained a bachelor s degree, well ahead of the 28 percent in all of Canada. Among the many local institutions of higher learning are the University of Toronto, Ryerson University and York University. Higher educational attainment supports Toronto s median household income of $74,000, which compares favorably to the national figure of $66,800. Incomes in the GTA are expected to rise through 2020. Higher incomes have allowed roughly 70 percent of area residents to afford to own their own homes. * Forecast ^ Greater Toronto Area Sources: Marcus & Millichap Research Services; Environics

MARKET OVERVIEW TORONTO Quality of Life Toronto offers a multitude of recreational and cultural opportunities. In the summertime, one may stroll the shores of Lake Ontario or take advantage of the region s numerous islands and parks. The nearby Scarborough Bluffs offer striking outdoor geological formations. During colder months, a variety of ski resorts within a few hours drive of Toronto provide many winter sport options. Regardless of the time of year, sports enthusiasts will find a wide diversity of athletic entertainment. Toronto boasts seven professional sports teams, representing six different sports. The Hockey Hall of Fame is located in Toronto. The city of Toronto offers an impressive array of cultural activities. The Toronto Symphony Orchestra and Canadian Opera Company are both based out of Toronto, and live performances can be found at the Famous People Players Dinner Theatre, the Princess of Wales Theatre, the Royal Conservatory of Music and other locations. In addition, the Greater Toronto Area also hosts a wide network of museums and art galleries, including the Art Gallery of Ontario and the Royal Ontario Museum. The Toronto Zoo and Ripley s Aquarium of Canada are located in the city of Toronto, providing entertainment options for children. The Centreville Amusement Park on Centre Island also makes an ideal destination. Other notable Toronto attractions include the CN Tower, Rogers Center and the Toronto International Film Festival. Sources: Marcus & Millichap Research Services; Canadian Real Estate Association; Statistics Canada

PROPERTY 24 BRAMALEA NAME ROAD Created on February 2017 POPULATION 1 KM 3 KM 5 KM 5 Year Projection Total Population 5,080 37,501 122,004 2015 Estimate Total Population 3,756 36,567 118,358 5 Year Previous Total Population 3,395 35,697 118,529 HOUSEHOLDS 1 KM 3 KM 5 KM 5 Year Projection Total Households 2,149 14,132 44,623 2015 Estimate Total Households 1,505 13,069 41,257 5 Year Previous Total Households 1,185 12,354 39,736 Average (Mean) Household Size 2.49 2.79 2.86 Growth 2015-2020 42.79% 8.13% 8.16% Households by Education Level High School Graduate (12) 34.82% 31.60% 30.16% Associate Degree Only 3.69% 4.25% 4.46% Bachelors Degree 10.19% 11.02% 10.39% No Schooling Complete 20.93% 23.02% 23.82% HOUSING UNITS 1 KM 3 KM 5 KM Occupied Units Owner Occupied 73.01% 63.00% 69.64% Renter Occupied 26.99% 37.00% 30.36% MARKETING DEMOGRAPHICS TEAM HOUSEHOLDS BY INCOME 1 KM 3 KM 5 KM 2015 Estimate $150,000 or More 4.91% 5.44% 7.34% $100,000 - $149,999 16.22% 15.91% 17.66% $80,000 - $99,999 11.43% 12.15% 12.59% $50,000 - $79,999 35.34% 27.60% 26.07% $40,000 - $49,999 10.66% 10.43% 9.76% $30,000 - $39,999 8.53% 9.69% 9.01% $20,000 - $29,999 6.12% 8.05% 7.49% Under $20,000 6.79% 10.74% 10.06% Average Household Income $78,739 $72,953 $81,471 Median Household Income $65,817 $62,178 $68,759 Per Capita Income $31,551 $26,074 $28,399 POPULATION PROFILE 1 KM 3 KM 5 KM Population by Age 2015 Total Population 3,756 36,567 118,358 0 to 4 Years 5.87% 6.21% 5.80% 5 to 14 Years 11.10% 12.67% 12.07% 15 to 19 Years 5.75% 6.48% 6.48% 20 to 24 Years 6.95% 7.20% 7.26% 25 to 34 Years 16.43% 15.27% 14.70% 35 to 44 Years 14.32% 14.15% 14.04% 45 to 54 Years 13.94% 14.26% 14.44% 55 to 64 Years 11.85% 11.03% 11.77% 65 to 74 Years 7.86% 7.48% 8.32% 75 to 84 Years 4.52% 4.02% 4.00% Age 85+ 1.41% 1.23% 1.12% Median Age 38.24 37.06 38.07 Population by Gender 2015 Estimate Total Population 3,756 36,567 118,358 Male Population 49.58% 49.32% 49.75% Female Population 50.42% 50.68% 50.25% Source: 2016 Experian 21

PROPERTY 24 BRAMALEA NAME ROAD MARKETING DEMOGRAPHICS TEAM Population In 2016, the population in your selected geography was 3,756. The population has changed by 10.62 percent since 2010. It is estimated that the population in your area will be 5,080 in 2020, which represents a change of 35.26 percent from 2016. The current population is 49.59 percent male and 50.41 percent female. The median age of the population in your area is 38.24, compare this to the Canada average, which is 40.40. The population density in your area is 3,755.74 people per square kilometer. Race and Ethnicity The 2016 population by visible minority status of your selected area is as follows: 32.95% Asian, 14.13% Black, 2.92% Latin American, 0.54% Arab, 3.27% multi or other and 46.74% not visible. Compare these to Canada averages which are: 15.24% Asian, 3.10% Black, 1.33% Latin American, 1.42% Arab, 0.95% multi or other and 79.38% not visible. Households There are currently 1,505 households in your selected geography. The number of households has changed by 27.05 percent since 2010. It is estimated that the number of households in your area will be 2,149 in 2020, which represents a change of 42.79 percent from 2016. The average household size in your area is 2.49 persons. Housing In 2016, there were 900 owner-occupied and 285 renter-occupied dwellings in your area. In 2013, this changed to 1,099 owneroccupied and 406 renter-occupied dwellings in your area. It is estimated that in 2020, there will be 1,539 owner-occupied and 610 renter-occupied dwellings in your area. Income In 2016, the median household income for your selected geography is $65,817, compare this to the Canada average which is currently $66,791. The median household income for your area has changed by 3 percent since 2010. It is estimated that the median household income in your area will be $69,528 in 2020, which represents a change of 5.64 percent from 2016. The 2016 per capita income in your area is $78,739, compare this to the Canada average, which is $89,484. The 2016 average household income in your area is $78,739, compare this to the Canada average, which is $89,484. Employment In 2016, there were 7,947 employees in your selected area, this is also known as the daytime population. Source: 2016 Experian 22