JLL Canada Capital Markets - Spotlight 2018 2018 Capital Markets Spotlight | Page 40

Retail Queen West Street-Front Retail Toronto, ON Address 1488 Queen St. W. Property Type Street-Front Retail Close Date Nov-2018 Sale Price $4,500,000 Area (sf) 6,660 $PSF $676 Vendor 2080589 Ontario Ltd. Purchaser 1488 Queen St. W. Inc. • Single-storey, single-tenant Rexall Guardian pharmacy Toronto’s Parkdale neighbourhood • Located on Queen St. W., one the most sought-after retail addresses in the GTA • Opportunity exists to maximize density on-site given as-of-right zoning and nearby development precedents Elliot Medoff [phone] [email protected] 40 Euan Darling [phone] [email protected]