FOR SALE

156,952 SQ. FT.

FREESTANDING VACANT OFFICE BUILDING

1450DON MILLS ROADTORONTO, ON

LEASEABLE AREAGround Floor: 43,964 sq. ft.Second Floor: 56,494 sq. ft.Third Floor: 56,494 sq. ft.

LAND SIZE 4.63 ac. (approx.)

ZONING Employment Industrial Office (EO)

ANNUAL TAXES $564,621.77 (2017)

PARKING 400 stalls (approx.)

POWER 600 amps / 27,600 volts

COMMENTS • Excellent corporate branding opportunity• Large floor plates with centre core skylight and atrium allowing

for maximum natural light penetration• Current zoning allows for additional 140,000 sq. ft. (approx.)• Raised floors throughout building• Three dock level shipping doors• Located on busy public transit route with direct connection to

Don Mills subway station• Close proximity to Highway 401, DVP and Eglinton Crosstown LRT• Many retail and services amenities within close proximity

PROPERTY DETAILS

1450 DON MILLS ROAD // FOR SALE

Two elevators with potential to add third

Freight elevator

3 Km 5 Km 10 KmTotal Population 96,147 310,372 1,532,240

Population Change (2011-2016) 5.8% 5.2% 4.7%

Average Age 40.2 40.8 40.2

Total Households 36,719 119,894 617,495

Avg. Household Size 2.59 2.56 2.45

Avg. Household Income $118,790 $120,068 $112,911

TorontoTotal Population (2016) 2,849,222

2011-2016 % Change 5.3%

Avg. Household Income (2016) $103,381

2016 TRADE AREA DEMOGRAPHICS

ECONOMIC INDICATORS 2016 EDUCATIONAL ATTAINMENT 3 Km 5 Km 10 Km

Total 80,013 260,493 1,286,740

Less than a Bachelor Degree 46,802 155,819 777,771

Bachelor Degree & Higher 32,211 104,674 508,969

3 Km 5 Km 10 KmAverage Persons per Family 3.0 3.1 3.1

Total Couples 22,474 71,825 336,039

Without Children at Home 10,047 32,046 154,610

With Children at Home 12,427 39,778 181,429

Lone-Parent Families 4,972 15,240 70,702

2016 TOTAL CENSUS FAMILIES

1450 DON MILLS ROAD // FOR SALE

DEMOGRAPHICSAREA OVERVIEW

RESTAURANT / COFFEE SHOP1. The Keg Steakhouse + Bar2. David Duncan House3. Tim Hortons4. Starbucks5. Freshii6. California Sandwiches7. Five Guys8. Subway9. Spoon and Fork10. Fabbrica11. Chipotle Mexican Grill12. Jack Astor’s Bar & Grill13. Joey Don MillsFITNESS14. LA FitnessBANK15. TD Canada Trust16. Scotiabank17. RBC Royal BankHOTEL18. The Westin PrinceGAS STATION19. Petro CanadaSHOPPING20. Galleria Supermarket21. Longo’s22. Shops at Don Mills23. Fairview Mall24. Bayview Village ShopsGOLF25. Donalda Golf Club

01 02

0304

05 0708 16

10 111213

14

150917

18

19

22

21

25

23

24

2006

PERMITTED USES

EMPLOYMENT INDUSTRIAL OFFICE (EO)

WITH CONDITIONS

• Ambulance Depot• Animal Shelter• Art Gallery • Automated Banking Machine• Artist Studio• Bindery• Carpenter’s Shop• Club• Cold Storage• Community Centre• Custom Workshop• Dry Cleaning or Laundry Plant

• Education Use• Financial Institution• Fire Hall• Industrial Sales and Service Use• Laboratory• Library• Massage Therapy• Medical Office• Museum• Office• Park• Passenger Terminal

• Performing Arts Studio• Police Station• Printing Establishment• Production Studio• Self-storage Warehouse• Service Shop• Software Development and

Processing• Veterinary Hospital• Warehouse• Wellness Centre• Wholesaling Use

• Drive Through Facility• Eating Establishment• Hotel• Municipal Shelter• Outdoor Patio• Personal Service Shop• Place of Assembly

• Place of Worship• Public Parking• Recreation Use• Retail Service• Retail Store• Take-out Eating Establishment• Vehicle Fuel Station

1450 DON MILLS ROAD // FOR SALE

*The new City-wide Zoning By-law 569-2013 was enacted on May 9, 2013. It has been appealed under section 34(19) of the Planning Act. Even though it is under appeal, the City’s Chief Building Official and the Committee of Adjustment will apply the new By-law to applications filed after its enactment. Please consult with your advisors to determine whether the new by-law has any impact.

95

85

TTC SUBWAY ROUTE

TTC BUS ROUTES

GO TRAIN ROUTE

54

25AB

EGLINTON CROSSTOWN LRT(EXPECTED COMPLETION: 2021)

TRANSIT MAPSHEPPARD AVE E

ELLESMERE RD

YORK MILLS RD

LAWRENCE AVE E

EGLINTON AVE E

YON

GE ST

LESLIE ST

VICTO

RIA PARK AVE

Brad Walford*Associate Vice President 416 495 6241 brad.walford@cbre.com

Ryan Panet*Associate Vice President 416 495 6318 ryan.panet@cbre.com

Sean Comiskey*Associate Vice President 416 495 6215 sean.comiskey@cbre.com

Tony Gill*Senior Vice President 416 495 6261 tony.gill@cbre.com

*Sales Representative CBRE Limited

2005 Sheppard Ave E, Suite 800Toronto, Ontario, M2J 5B4

www.cbre.ca

1450 DON MILLS ROAD

This disclaimer shall apply to CBRE Limited, Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein (the “Information”) has not been verified by CBRE, and CBRE does not represent, 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 recipient’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. Mapping Sources: Canadian Mapping Services canadamapping@cbre.com; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth.

RECEIVERSHIP PROCESS

On December 15, 2017, MNP Ltd. was appointed the Receiver of 2481043 Ontario Inc. pursuant to Order (the “Appointment Order”) of Madam Justice Conway of the Ontario Superior Court of Justice (Commercial List) (the “Court”). 2481043 Ontario Inc. owns 1450 Don Mills Road, Toronto, Ontario (the “Property”).

The Appointment Order authorized MNP to market the Property and sell the Property with the approval of the Court, and further authorized the Receiver to engage CBRE Limited (“CBRE”) as the listing agent for the Property to market and sell 2481043 Ontario Inc.’s interest in the Property in accordance with the Sale Process detailed herein.

REVIEW PROCESS

Parties who have executed the Confidentiality Agreement provided by CBRE will be given access to a data room site containing relevant materials on the Property. Site inspections may be arranged with CBRE. Any additional questions or requests are to be submitted to CBRE.

OFFERING PROCESS

Based on information contained in this brochure and other information that may be made available upon request, interested parties are invited to submit a proposal that addresses the requirements outlined under “Submission Guidelines”. Prospective purchasers will be provided with the Vendor’s Standard Purchase and Sale Agreement, however, initial submissions are to be in ‘Letter of Intent’ format.

The Property is being offered without an asking price.

BID DATE February 27, 2018 at 5:00pm EST

Submissions should be submitted via email, fax or courier to the attention of:

CBRE Limited, 2005 Sheppard Avenue East, Suite 800, Toronto, ON, M2J 5B4Fax: 416-494-6435Attention: Mr. Brad WalfordBrad.walford@cbre.com

MEMORANDUM CONTENTS

This brochure is being delivered to prospective purchasers to assist them in deciding whether they wish to acquire the Property. This brochure does not purport to be all inclusive or to contain all the information that a prospective purchaser may require in deciding whether or not to purchase the Property. This brochure is for information and discussion purposes only and does not constitute an offer to sell or the solicitation of any offer to buy the Property. The brochure provides selective information relating to certain physical, locational and financial characteristics of the Property.

The information on which this brochure is based has been obtained from various sources considered reliable. Neither the Vendor nor CBRE make any representations, declarations or warranties, express or implied, as to the accuracy or completeness of the information or statements contained herein or otherwise and such information or statements should not be relied upon by prospective purchasers without independent investigation and verification. The Vendor and CBRE expressly disclaim any and all liability for any errors or omissions in the brochure or any other written or oral communication transmitted or made available to prospective purchasers. Prospective purchasers should conduct their own independent investigation and verification of theinformation provided herein, and should seek legal, accounting, tax, engineering or any other advice as necessary.

If any information relating to the Property, in addition to the information provided in this brochure, is provided at any time, orally or otherwise, by the Vendor, or CBRE or anyone acting on their behalf, such information is provided as a convenience only without representation or warranty as to its accuracy or completeness and such information should not be relied upon by prospective purchasers without independent investigation and verification.

INDEMNIFICATION

Recipients of this brochure acknowledge that they are principals or investment advisors in connection with the possible acquisition of the Property and agree that they will not look to the Vendor or CBRE or any of their respective affiliates for any fees (except co-operating commissions) in connection with the sale of the Property. Prospective purchasers also acknowledge that they have not dealt with any broker, other than CBRE, regarding the acquisition of the Property.

SUBMISSION GUIDELINES

Proposals will be evaluated primarily on the consideration offered, the method of payment of the consideration, the prospective purchaser’s ability to complete the transaction, and the proposed date and conditions of closing.

A proposal should outline the terms for the purchase of the Property, and should include, at a minimum, the following information and items:

1. Purchase price;2. Name of the ultimate beneficial owners of the purchaser;3. Evidence of the purchaser’s financial ability to complete the transaction, including the method of financing the purchase;4. Terms and conditions of closing, including a schedule of timing and events to complete the transaction.5. The Receiver’s ‘Schedule B’ as provided by CBRE via the data room.

Once the Vendor has received initial submissions, a short list of parties will be invited for a second round of bidding.

Prospective purchasers should note that the Vendor is under no obligation to respond to or accept any proposal. The Vendor reserves the right to remove the Offering from the market and to alter the offering process described above and timing thereof, at its sole discretion.