SEATON COMMUNITY PICKERING, ONTARIO 7.2 ACRES OF RESIDENTIAL LAND - CBRE
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SEATON COMMUNITY P I C K E R I N G , O N TA R I O ±7. 2 ACRES O F R E S ID E N T IA L L A N D HIGHWAY 7 Future Bus Rapid 407 Transit Station SIDELINE 2 Planned at Whites Road SUBJECT PROPERTY ROAD 4 WHITES All outlines are approximate. WILSON MEADOWS NEIGHBOURHOOD SEATON LANDS · PICKERING, ON
City of Pickering - Seaton Land Development Charges THE OFFERING PICKERING Development Charges Total DC Bylaw No. 7595/17 TSL FIA2 Total Charges - Seaton Lands Singles or Semi Detached $8,354 $1,334 $9,688 The Land Services Group on behalf of Infrastructure Ontario (“IO” or “Vendor”) is pleased to offer for sale approximately 7.2 acres of residential land on the east side of Sideline 24, south of Highway 407 2 Seaton Landowners Group Financial Impacts Agreement (the “Offering” or “Property”), as part of the Seaton Community Lands in the City of Pickering. Seaton ACTIVE Source: Development Charges (DC) By-law No. 7595/17 SOLD OUT has been planned as a complete community that is compact, pedestrian friendly and transit oriented and FIA Article 5 - Effective July 1, 2019 with an active street life and a broad mix of land uses. The Seaton Community will play a major role in accommodating major population and employment growth within not only Durham Region, but the Demographics Greater Toronto Area (GTA), with a target of 70,000 residents and 35,000 jobs. Pickering Population (2019) 98,642 The Offering is located within Wilson Meadows Neighbourhood (Neighbourhood 19) and is within Average Income $105,795 Phase 2 for development within the Seaton Community. A Zoning By-Law Amendment and a Draft Plan of Subdivision application have been submitted by IO and the TRCA has provided comments. Draft Owned Dwellings 87.2% conditions have also been provided, as such it is up to the purchaser to finalize the approvals and to TAUNTON ROAD subsequently fulfill the conditions. The proposed lots range in size from 30 to 39 feet, with several of the lots backing onto permanent natural open spaces allowing for a variety of premium lots. Any purchaser has the ability to continue on with the existing application or submit their own application to meet their W own preferences and design. The current Official Plan provides a range of 25 to 40 units per net hectare H IT (10 to 16 units per net acre) that could be built on the Property. Prominent GTA based developers are ES the land owners abutting the Property to the south, as well as directly west across Sideline 24 and to RO the east of the Offering, providing an exciting opportunity to develop within the region’s largest master AD planned community. PROPERTY INFORMATION COMING SOON Site Area 7.2 acres PHASE 1 Frontage 579 feet WHITEVALE ROAD Depth 523-554 feet Official Plan Low Density Residential (Type 1 and Type 2) PHASE 2 Proposed Zoning Low Density Area Type 1; Low Density Area Type 2 Earthworks have already commenced and sales for Mattamy’s Seaton Whitevale are Post 2021- Services are currently at Sideline 26. Servicing will be Projected Servicing Timing brought to the Property by the land owner to the south. This timing is anticipated to launch Summer 2020. approximate. SUBJECT PROPERTY Cost Sharing Please see Document Centre for updated costs. PROPOSED LOT BREAKDOWN Type Frontage Block Size Total Units Single Detached (Low Density Type 1) 39 feet 1, 2, 3, 4 3.5 acres 37 Semi Detached (Low Density Type 2) 30 feet 23, 24, 25 2 acres 30 SIDELINE 24 Open Space - 44 0.02 acres - 2,343 linear 5.52 TOTAL - 67 front feet acres1 1 Total does not include roads DRAFT PLAN OF SUBDIVISION (NEIGHBOURHOOD 19) Future Bus Rapid Legend Transit Station Planned at Whites Road BROCK ROAD Existing Road SIDELINE 16 SIDELINE 28 Proposed Highway 407 East NORTH ROAD NEIGHBOURHOOD MAPPING SIDELINE 20 SIDELINE 14 SIDELINE 32 Railroad SUBJECT PROPERTY SEATON LANDS PHASING Watercourse Existing Conditions Subwatershed Boundary SIDELINE 22 SIDELINE 26 11 66 Neighbourhood Boundary and ID West Duffins Creek Natural Heritage System MESPA Boundary FUTURE TRANSITWAY The Offering is located within Phase 2 of the Seaton development 407 HIGHWAY 7 lands. Neighbourhood 19 contains lands within both Phase SIDELINE 24 21 HIGHWAY 407 ETR Brougham Creek 1 and Phase 2, which includes Mattamy’s Seaton Whitevale development that is coming soon. As shown in the aerial, the NORTH ROAD SIDELINE 24 Whitevale Creek 19 Urfe Creek 20 Phase 1 lands are primarily located south of Whitevale Road. WHITEVALE ROAD CONCESSION ROAD 5 Lands within Phase 1 have already commenced construction 18 as a Front Ending Agreement has already been executed with YORK DURHAM LINE ALTONA ROAD Ganatsekiagon Creek SIDELINE 26 the ³ Region. Negotiations have commenced with the Region for CHURCH STREET 0 250 an agreement with the Phase 2 lands, however, it has not been 500 Metres 1,000 17 approved yet. A purchaser may become apart of the Seaton Land CONCESSION ROAD 4 16 TAUNTON ROAD Owners Group and pay proportionate share of fees, to begin negotiations to get into the Phase 1. Please see Document Centre BROCK ROAD AD RO for more information on cost sharing and timing. ON Existing Conditions Subwatershed Boundary – Sernas Associates, 2011; TILLINGS ROAD Consolidated Neighbourhood Boundary – City of Pickering, 2010. NT SUBJECT PROPERTY Highway 407 (existing and proposed) – Totten Sims Hubicki Associates Ltd., 2005 and Sernas U Associates, 2011; Highway 407 Interchange (proposed) – O ntario Realty Corporation/Ministry of TA Transportation of Ontario, 2007 and Sernas Associates, 2013; Existing Road - Sernas Associates, 2011; Railroad – Ministry of Natural Resources, 2004; Watercourse (within MESPA boundary) – Geomorphic Solutions, 2008; Watercourse (outside MESPA boundary) – TRCA, 2007; MNR, 2004; Natural Heritage System – Ministry of Natural Resources, 2011; MESPA Boundary – Sernas Associates, 2007. West Duffins Creek ROSEBANK ROAD Seaton MESPA WHITES ROAD Seaton All outlines are approximate. CONCESSION ROAD 3 CONCESSION ROAD 3 ROSSLAND ROAD Neighbourhoods FIGURE J2.1 DRAWN BY: W.B., L.W. MESPA - FINAL (JULY 2013) SEATON COMMUNITY · ±7.2 ACRES SEATON LANDS · PICKERING, ON
OFFERING PROCESS CONFIDENTIALITY AGREEMENT DOCUMENT CENTRE Potential purchasers that require access to the Document Centre must · Plan of Subdivision · Draft Zoning By-Law Amendment complete a CA and return it to: LSGGTA@CBRE.COM LSGGTA@CBRE.COM · Cost Sharing · Servicing Cost Estimates and Timelines OFFER SUBMISSIONS · Leases · Agreements All submissions are requested to be submitted to: · Transportation Reports Lauren White CBRE Limited | 2005 Sheppard Avenue East · MESP Suite 800, Toronto, ON M2J 5B4 · Environmental Reports lauren.white@cbre.com · Geotechnical Reports NEARBY DEVELOPMENTS Units Type Opening Occupancy Size Range Price Range $/Sq. Ft. (% Sold) A Nu Towns by Madison Group Townhouse (RL) 15’ 10/27/2018 2020-10 29 (90%) 1,916-2,042 $609,990-$705,990 $314-$353 SUBJECT PROPERTY 24 S Townhouse (WS) 18’ 10/27/2018 2020-10 31 (84%) 1,951-2,182 $649,990-709,990 $317-$333 Rd evale Whit id B Pickering Mews by Lebovic Homes eline Nort F Townhouse (WS) 22’ 2/3/2018 2019-06 20 (75%) 1,911-1,995 $789,918-$819,918 $404-$429 h Rd H C New Seaton by Aspen Ridge Homes G Whit Detached (WS) 30' 6/3/2017 2019-07 25 (92%) 1,778-2,303 $762,990-$970,990 $370-$452 es R B Detached (WS) 36' 6/3/2017 2019-07 59 (76%) 2,101-2,805 $939,990-$1,120,990 $364-$499 2 d D Detached (WS) 43' 6/3/2017 2019-07 59 (92%) 2,673-4,302 $1,063,990-$1,545,990 $359-$411 E A C Detached (T) 45' 6/3/2017 2019-07 45 (93%) 2,845-4,200 $1,101,990-$1,533,990 $308-$438 Broc D New Seaton by TowerHill Homes Rd k Rd n Townhouse (WS) 20' 6/3/2017 2020-03 55 (100%) 1,573-2,030 $726,990-$832,990 $406-462 nto Tau Detached (WS) 30' 6/3/2017 2020-03 35 (100%) 2,011-2,375 $789,990-$828,990 $348-$396 Whit Detached (WS) 36' 6/3/2017 2020-06 84 (94%) 1,857-2,766 $821,990-$1,004,990 $340-$441 es R Detached (WS) 43' 6/3/2017 2019-12 21 (76%) 3,270-3,565 $1,129,990-$1,189,990 $319-$354 dN E New Seaton by Lebovic Homes Townhouse (WS) 20' 1 6/3/2017 2019-12 103 (80%) 1,260-2,050 $544,990-$834,990 $324-$515 Detached (WS) 30' 9/16/2017 2019-07 28 (96%) 1,780-2,240 $769,990-$914,990 $364-$447 4 5 3 Detached (WS) 36' 6/3/2017 2019-12 54 (93%) 2,030-2,610 $844,990-1,079,990 $370-$500 COMING SOON Development Builder Type Opening AMENITIES LEGEND MAP F Seaton Whitevale Mattamy Semis and Townhouses Summer 2020 1. Pickering Town Centre G Seatonville Paradise, Deco Homes & Singles, Semis and Summer 2020 Opus Homes Townhouses 2. Whitevale Golf Club 3. Pickering GO Station H Seaton Heights Lebovic Homes Singles Summer 2020 4. Metro 5. Loblaws Mike Czestochowski** Lauren White* Derek Peacock* Emelie Rowe* Evan Stewart Executive Vice President Senior Vice President Associate Vice President Planner Sales Representative T +1 416 495 6257 T +1 416 495 6223 T +1 416 495 6237 T +1 416 495 6306 T +1 416 495 6205 mike.czestochowski@cbre.com lauren.white@cbre.com derek.peacock@cbre.com emelie.rowe@cbre.com evan.stewart@cbre.com *Sales Representative **Broker. 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 limita- tion, 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 com- pleteness 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 www.cbre.ca/mclsg SEATON COMMUNITY · ±7.2 ACRES 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* Executive Vice President Senior Vice President 416 495 6257 416 495 6223 mike.czestochowski@cbre.com lauren.white@cbre.com CONFIDENTIALITY AGREEMENT SEATON LAND BUNDLE 4 · PICKERING, ON TO: Her Majesty the Queen in right of Ontario as represented by the Minister of Government and Consumer Services (the “Vendor”) AND TO: Ontario Infrastructure and Lands Corporation, the authorized agent for the Vendor (“OILC”) AND TO: CBRE Limited (“CBRE”) The undersigned hereby acknowledges that CBRE Limited (“CBRE”); through Mike Czestochowski and Lauren White have been retained by the Vendor on an exclusive basis to arrange the sale of the Seaton Land Bundle 4, Pickering, ON (the “Property”). Any inquiries and communications with respect to the Property shall be directed to any of the above 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 (the “Confidential Information”) and not to utilize any of the Confidential 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 Confidential Information to partners, officers, directors, employees or legal, technical or financial advisors (collectively, “representatives”) but only to the extent that they need to know the Confidential Information for the purpose of such evaluation. We undertake to inform such representatives of the confidential nature of such information and agree that they will be required to agree to 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, technical, 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 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. All Confidential Information is provided “As Is” and without any representation or warranty whatsoever, whether express or implied, as to its reliability, accuracy or completeness. The undersigned accepts the Confidential Information on an “As Is” basis and further agrees that neither the Vendor, OILC, nor any other author of or person providing the Confidential Information shall have any liability whatsoever to the undersigned or its representatives arising from the use of or any way relating to the Confidential Information. We agree to read and examine all material(s) provided by the Vendor and CBRE on the Property and will do so prior to submitting an Agreement of Purchase and Sale or Letter of Intent. We agree to return or delete all documentation provided herewith, including any notes, copies and digital copies made thereof if we decide not to pursue or complete this opportunity, or at any time, within ten (10) business days of receipt of a written request from the Vendor, OILC or CBRE. We also agree not to use the information provided in any way that is or would be detrimental to the Property, the Vendor (or any parties assisting the Vendor, including without limitation, OILC), either before or after cessation of our pursuit to purchase of any of the Property. The provisions of this Agreement are binding on our successors or assigns. Without the prior written consent of the Vendor or OILC, which consent may be arbitrarily withheld, the undersigned shall not and it shall direct its representatives not to disclose to any other person the fact that the Confidential Information has been made available to the undersigned, that discussions or negotiations are taking place amongst the Vendor and the undersigned and its representative concerning the sale and purchase of the Property and any of the terms, conditions or other facts with respect to any such possible transaction, including the status thereof. We acknowledge that the brochure provided in regard to the Property 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 such brochure. We agree to indemnify and save harmless the Vendor, OILC and CBRE from any claims, losses, damages and liabilities whatsoever (including legal fees on a substantial indemnity basis plus disbursements) arising out of any 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. Continued on next page. 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. PAGE 1 OF 2
Mike Czestochowski** Lauren White* Executive Vice President Senior Vice President 416 495 6257 416 495 6223 mike.czestochowski@cbre.com lauren.white@cbre.com CONFIDENTIALITY AGREEMENT SEATON LAND BUNDLE 4 · PICKERING, ON TO: Her Majesty the Queen in right of Ontario as represented by the Minister of Government and Consumer Services (the “Vendor”) AND TO: Ontario Infrastructure and Lands Corporation, the authorized agent for the Vendor (“OILC”) AND TO: CBRE Limited (“CBRE”) The Buyer agrees to continue to work through CBRE Limited for the above mentioned Property including offers within 12 months after the expiration of the Listing Period, so long as the Buyer wishes to make any offer within said timeframe and the Buyer was introduced to the Property during the Listing Period or shown the Property during the Listing Period, which the Buyer has acknowledged by signing below. The Buyer agrees that any signage CBRE has installed on the Property shall remain for a period of 6 months after the closing date. The Buyer agrees that any and all communication with regards to the Property shall be done so through CBRE. The Buyer and or their representative will not at anytime 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, OILC or CBRE. A fax, scan or electronic submission 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. PAGE 2 OF 2
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