JLL Canada Capital Markets - Spotlight 2018 2018 Capital Markets Spotlight | Page 53

Retail Financial Core Street-Front Retail Toronto, ON Address 221 Yonge St. Property Type Street-Front Retail Close Date May-2018 Sale Price $5,500,000 Area (sf) 13,905 $PSF $396 Vendor Parcross Investments Ltd. Purchaser Halmont Properties Corp. • Three-storey, landmark retail and office corner asset on Yonge St., between Queen St. and Dundas St. • Located in the heart of Downtown Toronto, directly adjacent to CF Eaton Centre • The property is anchored by Tangerine Bank’s flagship location • Sale pertains to a long-term leasehold interest Elliot Medoff [phone] [email protected] Euan Darling [phone] [email protected] JLL Capital Markets | 53