33 DAVIES AVENUE, TORONTO OFFICE FOR LEASE

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1 33 DAVIES AVENUE, TORONTO OFFICE FOR LEASE LOCATED IN TORONTO S DOWNTOWN EAST

2 FOR MORE INFORMATION PLEASE CONTACT ASHLAR URBAN REALTY INC. Real Estate Brokerage 166 Pearl Street, Suite 300 Toronto, ON Canada M5H 1L3 T F W ashlarurban.com TORONTO S URBAN COMMERCIAL REAL ESTATE EXPERTS MICHAEL SCACE Partner & Sales Representative ext 222 mscace@ashlarurban.com ALAN RAWN Sales Representative ext 248 arawn@ashlarurban.com JEROME WERNIUK Sales Assistant ext 227 jwerniuk@ashlarurban.com Disclaimer: Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Ashlar Urban Realty Inc. ** Sales Representative

3 33 DAVIES AVENUE PROPERTY SUMMARY Situated just over the Riverside Bridge, 33 Davies sits on the west side of the Don Valley Parkway just north of Queen Street East. The first floor space in this 2 storey building offers great ceiling heights and ample sunlight through the west facing converted garage door window. The lofty space is finished with refurbished concrete floors and exposed spiral ductwork. HIGHLIGHTS Street front, first floor direct access from vestibule Spiral ductwork throughout Steps to the TTC Storage space available Self controlled heating & A/C Kitchenette w/ Kitchenaid dishwasher, microwave & fridge private washroom Access to back loading dock Faces west with great view of downtown An additional 500 SF of storage space can be added DETAILS SEMI-GROSS RENT TERM OCCUPANCY Negotiable 3 10 years Immediately AVAILABLE SPACE First Floor LEASED

4 33 DAVIES AVENUE DOWNTOWN EAST The Downtown East was once home to businesses specializing in light manufacturing, and the sale and distribution of various dry goods. A change in the zoning was introduced (1996) when the City of Toronto passed legislation for the King and Parliament area to allow a wider range of uses. To date, a great deal of restoration has occurred in the downtown east especially in brick and beam infrastructure. Many of the old, turn of the century, manufacturing facilities have been converted into some of the cities most unique office locations. As Toronto s downtown east continues to gentrify, Lesieville provides an opportunity for tenants to be a part of one of the city s most dynamic live, work and play environments. The downtown east has seen an influx of both new residential of both new residential development projects and proposed projects soon to commence. Many of these developments are conversions from existing/original infrastructure in the area, while others include lofts, multi-storey townhouses, and modern condominiums. Businesses which now reside in the area include UpCountry Canada, Porsche, Deluxe, BMW, SAS Canada and Technicolor Creative Services. Unique attributes in the area include the Gooderman & Worts Distillery District, the Ontario Design Centre, the refurbished Division 51 Police Station, the Toronto Revitalization project for Toronto s East Bayfront, Alumnae Theatre Company, Soulpepper Theatre Company, Vu Condos and numerous residential infill projects.

5 33 DAVIES AVENUE THE DISTILLERY DISTRICT The Gooderman & Worts Distillery District is located within a two minute walk of the property. Once the largest distillery in the British Empire, it covers 13 acres and is made up of over forty buildings regarded as the largest and greatest preserved assembly of Victorian industrial architecture in North America. This pedestrian village is dedicated to arts, culture, and entertainment industries and includes numerous critically-acclaimed restaurants, bars, and galleries from around the world. The new state of the art condominium developments in the Distillery (Phase I has completed and Phase II construction is underway) comprise a large portion of the projected 3,500 individual units under construction in the immediate area. PUBLIC INVESTMENTS In addition to the private sector investments that are currently re-shaping Toronto s Downtown East, all three levels of government are allocating funds within the city that will drastically transform the area. JOEL WEEKS PARK

6 33 DAVIES AVENUE PAN-AM VILLAGE Included in the redevelopment of the West Don Lands will be the construction of the facilities required to accommodate the Pan-Am Village. The Athletes Village will be located between Bayview Avenue and Cherry Street, north to Front Street and south to the rail corridor. In total, the Village is expected to accommodate 10,000 athletes and officials involved with the games. The Village s 2,100 housing units and various retail and commercial developments (including banks, restaurants and recreation facilities) are being designed to reflect the vision for the community that will remain after the 2015 games. The original timeline for the build out of the West Don Lands area was to proceed in 3 strategic phases over the next years. With the newly accelerated timeline, more than half of the community will be in place for the Games in June In 2010 a revitalization initiative was implemented for the St. Lawrence Market North Building. This has stirred up interest and created excitement for the St. Lawrence Market and the potential new look, new opportunities, and new developments for the future. During the revitalization and development stage of this particular building, there are drafted plans to relocate the current vendors and activities of the North Building to a temporary market type structure at 125 The Esplanade. Along with the revitalization initiative, private developers have made their mark on the area with substantial projects such as Market Wharf Condominiums by Context Developments and The Berczy by Concert Properties. WEST DON LANDS The West Don Lands covers approximately 39 acres with the southeast boundary being the Don River and railroad tracks, and portions of the site stretching as far north as King Street East and as far west as Parliament Street. The area is within walking distance of established communities such as the Corktown District, St. Lawrence and the Distillery District. The reformation of the West Don Lands area will include 6,000 new residences, an eight hectare park (Don River Park), new transit lines, new childcare facilities, a community centre and a new community school. As part of all new development in the West Don Lands, the city of Toronto is targeting LEED certification to ensure the new construction is focused on reducing operation cost, emissions and energy costs in both the residential and commercial components.

7 INTERIOR PHOTOS

8 INTERIOR PHOTOS

9 FLOOR PLAN FIRST FLOOR 2,800 SF

10 TORONTO S URBAN COMMERCIAL REAL ESTATE EXPERTS