City of Toronto - Invest Toronto

City of Toronto Signature Sites Collection 2013 Edition Commercial – Buildings City of Toronto Signature Sites Collection 2013 Edition Commercial – Buildings
243, 245, 251 and 255 Consumers Road
North York, Commercial Office Space for Lease
300 Consilium Place
Scarborough, Prestige Office Space for Lease (sub-lease)
Comments
Parkway Place is located at the
northeast corner of Highway 401
and the Don Valley Parkway. The
office campus comprises 4 office
buildings tied together with a sense
of community through a second floor
concourse containing retail, services
and amenities for tenants. Companies
such as IBM, Shoppers Drug Mart,
CH2M Hill, and a host of other tenants
have made Parkway Place a centre
of operations. The complex can
accommodate multiple tenants with
current vacancies ranging from 1,800
– 55,000 sf of contiguous space. Other
features include: private shuttle to
Don Mills Subway Station/ Fairview
Mall; daycare; 24 hour security,
conference room; 3.5/1,000 surface
parking spaces at the prevailing rate
Closest Major Intersection
Highway 401 and 404
Property Type
Commercial office space for lease
Sq. Ft. Available
up to 120,000 approximate
(between the two buildings)
255 Consumers – 40,020 sq.ft. (3rd
floor); 31,192 sq.ft. (4th floor)
251 Consumers – 15,287 sq.ft. (Suite
700); 15,287 sq.ft.(Suite 800); 15,287
sq.ft.(Suite 1100)
Asking Price
Net rental rate is $12.50 per square foot
(years 1-5) and $14.50 per square foot
(years 6-10) Additional rent: $15.50 -
$16.50 per square foot (2012 estimate)
Improvement allowance: $30.00 per
square foot (on a 10 year term)
Planning Status
Official Plan*: Employment Areas
Zoning*: MO(8) - Industrial-Office
Business Park
City Ward: 33
*Note: Official Plan and Zoning excludes
numbered policies and exceptions and is
for general information only.
Owner
Agellan Capital Partners Inc.
Contact Information
Owner’s Representative
Howard Bogler,
Senior Vice President, CBRE
Tel: 416-495-6246
howard.bogler@cbre.com
www.cbre.ca/o/torontonorth/
properties/parkway-place/Pages/
building-featuresamenities.aspx
City of Toronto,
Economic Development
Catherine Cieply
Tel: 416-395-7472
ccieply@toronto.ca
Comments
300 Consilium Place is conveniently
located minutes away from the
McCowan LRT, steps away from the
Scarborough Town Centre and offers
numerous on-site amenities including
a convenience store, banking, coffee
shop, restaurants, chiropractor,
dentist and day care. With great
access to Highways 401, 404 & 407
and a free shuttle bus service to local
amenities such as the YMCA, and LRT,
300 Consilium is in close proximity
to almost everything. The direct LRT
and TTC connections also allow for
fast and direct travel to the downtown
core. Large efficient floor plates.
Typical floors consist of 75% open
workstation areas and 25% private
offices, boardrooms, meeting rooms
and kitchens. Dedicated server/
telecommunication rooms on each
floor. Upgraded lighting systems.
Workstations currently wired with
CAT5e cabling.
Closest Major Intersection
McCowan Road and Highway 401
Property Type
Office
Sq. Ft. Available
100,000 (10 years remaining
on lease)
Asking Price
$18.58 TMI per RSF plus negotiable
net rent
Planning Status
Official Plan*: Employment Area
Zoning*: COO, CCR -
Commercial/Office
City Ward: 38
*Note: Official Plan and Zoning excludes
numbered policies and exceptions and is
for general information only.
Owner
Kevric Real Estate Corporation
Current Lessee
Telus
Contact Information
Sub-Lessor’s Representative
Patrick Cowie, Senior VP, Colliers
International
Tel: 416-791-7223
patrick.cowie@colliers.com
www.collierscanada.com/1736
City of Toronto,
Economic Development
Ian Brown
Tel: 416-396-7080
ibrown2@toronto.ca
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