JLL Canada Capital Markets - Spotlight 2018 2018 Capital Markets Spotlight | Page 55

Retail Little India Street-Front Retail Toronto, ON Address 1461-63 Gerrard St. E. Property Type Street-Front Retail Close Date Apr-2018 Sale Price $2,520,000 Area (sf) 8,806 $PSF $286 Vendor 2276832 Ontario Inc. Purchaser 1990809 Ontario Ltd. • Two-storey, single-tenant retail building situated on the corner of Gerrard St. E. and Craven Rd. • The property is located on the up-and- coming commercial corridor of Little India • The property was fully occupied by a local clothing and accessories retailer who vacated the property at the time of the sale Elliot Medoff [phone] [email protected] Euan Darling [phone] [email protected] JLL Capital Markets | 55