Queen & Brock
1354 Queen Street West, Toronto, ON, M6K 2K7, CA
1,850 平方米
Jones Lang LaSalle Real Estate Services, Inc. (“JLL”, the “Advisor”) is pleased to offer for sale a 100% freehold interest in 300 John Street, Thornhill, Ontario (the “Property” or “Site”), a 7.7-acre mixed-use redevelopment site at the Bayview Avenue and John Street intersection in an established residential area.
The Site is ideally situated proximate to the rapidly expanding Yonge and Steeles node and Langstaff GO Station, in an area that is being targeted for significant intensification. The Property is currently improved with a neighbourhood retail plaza and office building totaling 74,310 and 95,918 square feet (“sf”), respectively, which will provide an attractive income stream throughout the site plan approval process.
The Site offers a unique opportunity to deliver an approved mixed-use redevelopment project that consists of four towers ranging in height from seven to 19 storeys, with a total gross floor area of 752,290 sf and 615 residential units. The current development concept provides an incoming owner flexibility in development phasing to maximize existing holding income.