For Sale: Yonge Corporate Centre - 4100-4150 Yonge Street, Toronto, Ontario

THE OFFERING

On behalf of The Cadillac Fairview Corporation Limited (“CF” or the “Vendor”), TD Cornerstone Commercial Realty Inc. and CBRE Limited (collectively, the “Advisors”) are pleased to offer for sale a 100% freehold interest in Yonge Corporate Centre (the “Property” or the “Offering”), an award-winning office campus located at 4100-4150 Yonge Street in North Toronto.

Comprised of approximately 658,000 sf across three office buildings and a stand-alone restaurant, the Property represents one of the most sought-after addresses in North Toronto and continues to attract best-in-class tenants such as OLG, Ceridian, Wawanesa Mutual Insurance and CIBC.

The Property benefits from a transit-oriented location through its direct underground TTC connection to the York Mills subway station on the Yonge-University line and the York Mills GO bus terminal. It also provides immediate access to Highway 401 via Yonge Street.

Yonge Corporate Centre is a Class A office campus that is 91% leased with a 5.3 year WALT to a strong tenant base with excellent industry diversification in government, financial services, technology, healthcare and professional services. The Vendor’s proactive asset and property management has resulted in consistently high occupancy with existing tenants averaging 14+ years of in-place tenure, secure cash flow and steady year-over-year growth through in-place rent escalations.

Future upside potential may exist through intensification of excess land. A preliminary planning study completed by Bousfields Inc. has identified the opportunity to add residential density in a two-tower development along the Yonge Street frontage, supported by local precedents and transit connectivity.

Yonge Corporate Centre represents a rare opportunity to acquire an office campus well below replacement cost. Few other opportunities exist for similarly sizeable parcels with direct TTC and GO transit access.

PROPERTY DETAILS

Address	4100-4150 Yonge Street, Toronto
Building Area	657,803 sq. ft.
Typical Floor Plate	37,000 sq. ft.
WALT	5.3 Years
Occupancy	91%
Parking Ratio	2.0 : 1,000 sq. ft.
Year Built	1985-1989
Storeys	6 per office building

INVESTMENT HIGHLIGHTS
Trophy Office Campus Managed by Institutional Ownership Convenient Transit-Oriented Location Diverse Mix of High-Quality Tenancies Provides Enduring Income Stream Yonge Corporate Centre is Well-Positioned to Benefit from Tenants’ Return-to-Office Policies Residential Intensification Opportunity