11131 11231 Huntington Road Kleinburg, Ontario - HUNTINGTON RD
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11131 & 11231
Huntington Road
Kleinburg, Ontario
KIRBY
RD
RD
I N GTON
HUNT
LOCATED WITHIN NORTH KLEINBURG-NASHVILLE SECONDARY PLAN AREA
11131 11231 &
Huntington Road
THE OFFERING
CBRE’s Land Services Group is pleased to offer for sale 11131 &
11231 Huntington Road (known as the “Site” or “Property”) in the
Village of Kleinburg in northwest Vaughan. The Property is ideally
located within the North Kleinburg-Nashville Secondary Plan area,
allowing for a variety of low and medium density residential and
mixed-use development. The Site is situated within the Huntington
Road Community, one of three new communities in the Secondary
Plan, which once built will provide a series of new neighbourhoods
and parks that will help to seamlessly connect the new development WOODGATE POPE FRANCIS CATHOLIC
with the surrounding Nashville Conservation Reserve. Development MCMICHAEL CANADIAN KLEINBURG
PINES PARK ELEMENTARY SCHOOL
will proceed following the preparation of a Block Plan with the ART COLLECTION VILLAGE
surrounding landowners (please see Planning and Land Use).
The Site is ideally situated in northwest Vaughan, which is in close NASHVILLE
CONSERVATION RESERVE
proximity to the Highway 427 extension from Highway 7 to Major
AVE
Mackenzie Drive that is expected to be completed in 2021. This TON
extension will provide greater access from the Property across the IS LING MAJOR MACKENZIE
entire GTA, allowing for more convenient commuting and travel. DR W
Kleinburg is known as one of the most exclusive residential markets
in the GTA, that provides small-town charm while delivering urban
amenities, shopping and services. Demand for single family and
townhouse units has always been strong in this node of Vaughan.
There have been 230 sales in 2020, of which most have been
single detached units. One noteable project is Mattamy’s Kleinburg
NASHVILLE
Summit development that has sold 141 detached homes this year RD
(RealNet, 2020). The offering provides an exceptional opportunity
to capitalize on the demand and strength of the market, as well as
the area amenities and future infrastructure projects.
SCHEDULE B2
PROPERTY INFORMATION Land Use
Huntington Ro
PIN(s) 033490466 & 033490470 PLANNING & LAND USE
TOTAL AREA ± 62.8 ac. Kirby Road KN Low-Ris
The Site is in the North Kleinburg-Nashville Secondary
FRONTAGE 1,354 ft. along Huntington Road
Plan within the Huntington Road Community KN Low-Ris
(Area
KN Low-Rise Residential I, KN Low-Rise Residential 2) and is designated to allow for a variety of single
OFFICIAL
II, Low-Rise Residential III, KN Low-Rise Mixed-Use detached, semi-detached, townhomes and KN Low-Ris
mixed
PLAN use development as well as parks and a storm
I, KN Low-Rise Mixed-Use II, Natural Areas KN Low-Ris
water management pond. The target density for the
Huntington Road Community is 40 persons/jobs KNper
Low-Ris
ZONING A (Agricultural) SECONDARY PLAN MAP - LAND USE hectare (approximately 16 persons/jobs per acre).
Both of the two parcels have houses with leases in A development application has not been submitted,Elementary
RD
ES
EXISTING however, concept plans have been created by the
place. Please see Document Centre for leases and N ES
TO
P H3 Maxx
CONDITIONS vendor showing the potential land use breakdown. Natural Area
tenancies. G
d
TIN
ton Roa
N
HU As detailed in the Secondary Plan, a Block Plan Agricultural
will
P
need to be prepared to show the City how each of
H2 Min Neighbourho
PROPERTY HIGHLIGHTS
NP
the new neighbourhoods will achieve their assigned
Hunting
H3 Max
H2 Min density targets, distribution of land uses, community
P Parkette
SCHEDULE B2 H3 Max H3 Max facilities and heritage preservation. The required
H2 Min
Land Use Block Plan will form the basis for futureSWMrezoning,
Stormwater
H3 Max
FAVOURABLE DEMOGRAPHICS DESIGNATED FOR RESIDENTIAL AND UPDATED GTA WEST CORRIDOR Huntington Road Community P draft plan of subdivision and site plan approvals.
MIXED USE DEVELOPMENT PREFERRED ROUTE SWM The landowners group commenced preparation of
Secondary P
Within a 3km radius of the Site, the Kirby Road KN Low-Rise Residential I
the Environmental inventory and mapping, and the
CHAPTER 11 SECONDARY
The Preferred Route for the GTA West Corridor was H3 Max Greenbelt P
population has increased over 50% since Ideally located within the Huntington Road
Community of the North Kleinburg-Nashville released in August 2020 and does not include the
KN Low-Rise Residential II Hydrogeological monitoring background studies
2015, with approximately 8,133 residents back in 2011, however, these studies were put GTAonWest Tra
living within Kleinburg in 2020, and the Secondary Plan, the Site is designated for a Site. The Site will benefit from the proximity of the KN Low-Rise Residetial III
ES hold for the GTA West Corridor study. Now that Corridor
the Prot
average household income is $235,000 variety of low density residential and mixed use highway once completed. KN Low-Rise Mixed-Use I
development. Preferred Route (August, 2020) has been releasedGTA West Tra
which is more than 40% higher than the KN Low-Rise Mixed-Use II NP
the Block Plan process can resume. Corridor Prot
City of Vaughan (SiteWise, 2020). ES Elementary School
P ES H3 Maxx SWM
WM
NEARBY AMENITIES
RETAIL
1 National Fresh Food 12
2 Fortinos Paradise Homes
3 Shoppers Drug Mart
4 Bolton Farmer’s Market
5 LCBO
6 Canadian Tire
INSTITUTIONAL
4
7 Countryside Montessori & Private School
8 Creative Children’s School and Day Care 5 6 16 13 B
7
MAPLE
9 St. Patrick School
8 SUBJECT PROPERTY
10 Kleinburg Public School Fieldgate Homes
A 17 3
11 Kleinburg Christian Academy
11 10
C 15
PARKS & RECREATIONAL 14
12 Glen Eagle Golf Club
13 Copper Creek Golf Club 9
14 Kortright Centre for Conservation
15 Vellore Village Community Centre
16 Nashville Conservation Reserve 2
17 McMichael Canadian Art Collection
1
ACTIVE NEW HOME SALES Arista Homes
$/ sq. ft. Total Units
Development Builder Opening Occupancy Type Sale Price Unit Size
Range (% sold)
Detached Sales
Paradise
6/3/2020 2021-06 50 & 60 ft. $1,639,990 to $1,869,990 4,850 to 4,850 $386-$402 5 (20%)
Homes
Paradise
4/6/2019 2020-10 30, 38 & 44 ft. $1,289,990 to $1,521,990 1,820 to 3,530 $498-$623 137 (86%)
Homes
New
A Kleinburg 2/11/2019 2021-04 50 ft. $1,531,990 to $1,601,990 2,737 to 3,729 $423-$476 6 (33%)
Fieldgate
Homes
4/6/2019 2020-09 44 ft. $1,431,990 to $1,451,900 3,288 to 3,450 $409-$442 21 (91%)
Vellore Village Community Centre
Arista Homes 4/6/2019 2020-09 44 ft. $1,309,990 to $1,449,990 2,825 to 3,660 $397-$447 14 (58%)
Deco Homes 4/6/2019 2020-09 44 ft. $1,309,990 to $1,449,990 2,825 to 3,660 $392 -$447 14 (79%)
Kleinburg Mattamy 30,40,
B 1/1/2020 TBD $1,159,990 to $1,974,990 2,190 to 5,490 $354- $513 135 (141 sold)
Summit Homes 50 & 60 ft.
Townhome Sales
Paradise 8/26/2020 2022-04 20 & 21 ft. $699,990 to $949,990 1,400 to 2,260 $412-$513 721
Homes
C New 20 (Sold out
Nashville Conservation Reserve Copper Creek Golf Club McMichael Canadian Art Collection 11/1/2019 2020-10 20 ft. $859,990 to $939,990 1,600 to 2,160 $474-$537
Kleinburg June 2020)
Arista Homes 11/1/2019 2020-09 18 ft. $889,990 to $949,990 1,850 to 2,335 $407-$487 8 (50%)
1
sales for September 2020 have not been released by RealNet
OFFER SUBMISSION DATE: November 17th, 2020 by 4:00 PM (EST)
OFFERING
PROCESS
DOCUMENT CENTRE
• Surveys
• Leases
• Taxes
• Phase 1 ESA
• Monitoring Well Sample
• Record of Site Condition
• GTA West Corridor – Preferred Route 2020
• Secondary Plan
• Concept Plans
• Staff Report (2020)
CONFIDENTIALITY AGREEMENT
Potential purchasers that require access to the Document
Centre must complete a CA and RFQ and return it to:
LSGGTA@CBRE.COM
OFFER SUBMISSIONS
All offers are requested to be submitted to the attention of:
Lauren White | lauren.white@cbre.com
RD
ON
GT
IN
NT
HU
FOR MORE INFORMATION,
PLEASE CONTACT ADVISORS BELOW:
Lauren White* Emelie Rowe*
Senior Vice President Planner
T +1 416 495 6223 T +1 416 495 6306
lauren.white@cbre.com emelie.rowe@cbre.com
Mike Czestochowski** Evan Stewart
Executive Vice President Sales Representative
T +1 416 495 6257 T +1 416 495 6205
mike.czestochowski@cbre.com evan.stewart@cbre.com
*Sales Representative **Broker | All outlines are approximate.
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the
Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein,
including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third
parties (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.CBRE and the
CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All
other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping
Sources: Canadian Mapping Services canadamapping@cbre.com; MapPoint, DMTI Spatial, Environics Analytics,
Microsoft Bing, Google Earth 04/2020.
Mike Czestochowski** Lauren White* Evan Stewart Emelie Rowe*
Executive Vice President Senior Vice President Sales Representative Planner
416 495 6257 416 495 6223 416 495 6205 416 495 6306
mike.czestochowski@cbre.com lauren.white@cbre.com evan.stewart@cbre.com emelie.rowe@cbre.com
CONFIDENTIALITY AGREEMENT
11131 & 11231 HUNTINGTON ROAD · KLEINBURG, ON
The undersigned hereby acknowledges that CBRE Limited (“CBRE”); through the Land Services Group, has been retained by the vendor on an exclusive basis to
arrange the sale of 11231 & 11131 Huntington Road in Kleinburg, Ontario (the “Property”). All inquiries and communications with respect to the Property shall
be directed to any of the listing agents of CBRE. We have requested from the vendor and CBRE, information, including confidential and proprietary information,
which has not been generally disclosed to the public, for use in evaluating a potential purchase of the Property.
In exchange for good and valuable consideration provided by the vendor and CBRE, the receipt and sufficiency of which is hereby acknowledged, we agree to
keep confidential any and all information supplied to us concerning the Property that is not a matter of public record and not to utilize any such information for
our own benefit (or for the benefit of anyone else) other than for the evaluation of the Property with respect to a potential purchase.
We understand that we may transmit any such information to partners, officers, directors, employees or legal or financial advisors (collectively, “representatives”)
but only to the extent that they need to know such information for the purpose of such evaluation. We undertake to inform such representatives of the confidential
nature of such information and that they will be bound by the terms of this Agreement. We agree to be responsible for any breach of this Agreement by our
representatives. We agree that any legal, financial or any other third party advisors that are retained by us, to act on our behalf, will be compensated by us.
This shall include outside brokers.
We understand that upon the vendor’s request we will provide all pertinent financials of the company looking to purchase the above-mentioned property to the
vendor in a timely manner and that these statements will only be used for the purpose of determining the financial feasibility for this transaction.
We agree to read and examine all material provided by the vendor on the above-mentioned property and will do so prior to submitting an Agreement of
Purchase and Sale or Letter of Intent.
We agree to return all documentation provided herewith, and any notes or copies made thereof if we decide not to pursue or complete this opportunity. We
also agree not to use the information provided in any way detrimental to the vendor (or any parties assisting the vendor), either before or after cessation of our
pursuit of property purchase. The provisions of this Agreement are binding on our successors or assigns.
We acknowledge that the marketing package and the other information being delivered to us with respect to the Property is subject to the limitations on liability
and disclaimers for the protection of the vendor and CBRE contained in the marketing package.
We agree to indemnify and save harmless the vendor and CBRE from any claims, losses, damages and liabilities whatsoever (including legal fees on a
substantial indemnity basis and disbursements) arising out of a breach by us or any of our representatives of any of the terms or other provisions of this
Agreement. CBRE and the vendor also reserve the right not to release information.
We agree to continue to work through the Land Services Group at CBRE Limited for the above-mentioned property including offers within 12 months after the
expiration of the Listing Period, so long as we wish to make any offer within said time-frame and we were introduced to the Property during the Listing Period
or shown the Property during the Listing Period, which we have acknowledged by signing below.
We agree that any and all communication with regards to this property shall be done so through CBRE. We and/or our representative will not at any time
contact the vendor directly.
CBRE and the vendor shall not be responsible for the payment of brokerage or other fees to any outside agents or consultants in connection with this offering.
CBRE is exclusively representing the vendor and will not act on behalf of any potential purchasers. With the execution of this Confidentiality Agreement, the
undersigned acknowledges that they are undertaking this investigation of the Property at their sole risk and expense and that under no circumstances will any
amounts expended by the undersigned for its due diligence investigation or review be paid or reimbursed by the vendor or CBRE. A digitally submitted or a
scan of a signed copy of this Agreement shall be deemed to be an original signed copy.
THE SECTION BELOW MUST BE COMPLETED AND SUBMITTED TO LSGGTA@CBRE.COM IN ORDER TO RECEIVE THE DUE DILIGENCE PACKAGE
(I possess the authority to legally bind the Corporation)
†
PROPONENT NAME: REPRESENTATIVE:
†
COMPANY: COMPANY:
†
PRIMARY EMAIL: PRIMARY EMAIL:
SUBMIT
CA
PRIMARY PHONE #: PRIMARY PHONE #:
The button above can be
ADDITIONAL EMAIL: DATE: clicked to submit the CA
electronically using the
Adobe Reader application,
ADDITIONAL PHONE #: SIGNATURE: once the required fields
have been filled.
†
Please indicate if you would like a follow up call or meeting: OR
DATE:
Please print, complete, sign
† CALL: MEETING: and scan an email copy to
PRIMARY SIGNATURE: lsggta@cbre.com.
†
REQUIRED FIELDS. **Broker, *Sales Representative
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.
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