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Stevenson Road South
Highway 401Future
Thornton’s Corners
Station
Partnership. Performance.
Retail Development Opportunity480-534 Fox Street, Oshawa, Ontario
C API TAL M AR K E T S GR OUP
Avison Young | 4111 Yonge Street Avison Young
Convenient LocationThe Property is located in Oshawa, within the Greater Toronto Area (“GTA”), just north of Highway 401 and west of Stevenson Road South. It is a part of a major retail node which includes the 1 million sf Oshawa Centre M all and neighbouring tenants such as Walmart Supercentre, Lowe’s Home Improvement, and SAIL Outdoors.
The area benefits from easy access to major transportation infrastructure and amenities. Highway 401 is just south of the Property providing access to the extensive highway network which serves the GTA. The Oshawa GO Station is a few minutes drive south
of the Property providing a connection to downtown Toronto via Union Station. Durham Regional Transit operates numerous bus routes in the area including two which run along Stevenson Road South to the east of the Property. The Oshawa Centre Mall is within walking distance of the Property and downtown Oshawa is only a 7 minute drive away. Oshawa is notably rich with parks and green space. The City has over 130 parks, 6 of which are within 1km of the Property.
LO C AT I O N D E TA I L SP R O P E R T Y H I G H L I G H T SDevelopment OpportunityAvison Young has been retained on an exclusive basis to advise on and manage the sale of 480-534 Fox Street, Oshawa, Ontario (the “Property”). This offering presents investors with the opportunity to acquire a 19.3 acre development site zoned for commercial uses.
The site permits over 300,000 sf of buildable retail space including up to 40,000 sf of grocery store space. It’s large frontage allows for excellent branding and signage opportunities.
The City of OshawaThe City of Oshawa is situated within the Durham Region, east of the Town of Whitby, on Lake Ontario. Oshawa has an estimated population of 168,000 (City of Oshawa) and represents 26% of Durham’s population. Oshawa is one of the fastest growing cities in the GTA region, it experienced a 19% growth in population between the 2006-2016 censuses, compared to 9% in the City of Toronto and 13% in the Peel region during the same period.
Oshawa is one of the fastest growing economies in Canada. Oshawa’s GDP grew by 4.1% in 2017, a 15 year record. The local construction sector is expected to be among Oshawa’s top performing sectors as several commercial projects are underway.
Oshawa has a well-designed integrated transportation network which includes highways 401 and 407, the Oshawa Executive Airport, CN Rail & CP Rail and the Port of Oshawa Seaway, all which easily moves people and products locally, regionally, and around the globe. Located only 60km from Toronto’s Downtown core, companies in Oshawa have quick and convenient access to the largest consumer market in Canada and fourth largest region in North America.
SITE AREA19.3 acres
ZONINGSpecial Commercial
FRONTAGE1,500 ft on Fox Street
TRANSIT ORIENTEDNear Oshawa Train Station and future GO Station
GROWING AREALocated in a developing commercial/retail node
HIGHWAYAdjacent to Highway 401
1 km Radius 3 km Radius 5 km Radius
Total Population 3,120 48,929 120,865
Median Age (Years) 39 42 43
Number of Households 1,154 19,954 50,020
Avg. Household Size 2.9 2.8 2.8
Number of Children Per Family 1.2 1.0 1.0
Avg. Household Income $88,739 $72,546 $85.706
2016 Trade Area Demographics
5 KM 3 KM 1 KM
BUILDABLE AREAOver 300,000sf of retail space
480-534 Fox Street
Oshawa Station
FutureThornton’s Corners
Station
Downtown
Stevenson Road South
Thornton Road South
Highway 401
King Street West
OSHAWA SOUTH
©2018 Avison Young Commercial Real Estate (Ontario) Inc. All rights reserved.
avisonyoung.comavisonyoungcapitalmarkets.com
† Sales Representative * Broker
The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.
For more information please contact the listing agents:
Toronto (HQ) Toronto North
Kelly Avison*, AACI, Principal 416.673.4030 [email protected]
Robin White*, Principal 416.673.4009 [email protected]
Ryan Hood†, SIOR, Principal 905.968.8007 [email protected]
Eva Destunis†, Principal 905.968.8006 [email protected]
Official Plan and Zoning
Potential Site Plan
Official Plan: Special Purpose Commercial
Zoning: SPC-B(2) h-17
Max Height: 43 ft
Max Total GFA: 300,323 sf
Minimum Parking: 1,162 spaces
Permitted Uses Include:
Automobile rental establishment of repair ga-rage, Bulk sales establishment, Cinema, Hardware store,Home Appliance store, Home furnishing store, Liquor, beer or wine store, Restaurant, Retail, Retail warehouse, Wholesale establishment
Avison Young Commercial Real Estate (Ontario) Inc., Brokerage
Toronto (HQ)18 York Street, Suite 400, Toronto, ON M5J 2T8T: 416.955.0000 F: 416.955.0724
Toronto North55 Commerce Valley Drive WestSuite 501, Mailbox #7, Markham, ON L3T 7V9T: 905.474.1155 F: 905.886.5744