for sale 45...public school, a montessori school and a 15 minute walk to bowmanville high school....

45 Bowmanville, ONRaynes Ave.

Stephen Connell* Senior Vice President Commercial Sales & Leasing416 756 5445 [email protected]

Adam Bronson* Vice President Commercial Sales & Leasing416 756 5467 [email protected]

Brad Warren Broker Land & Development416 756 5418 [email protected]

Glen Foster* Senior Specialist Commercial Sales & Leasing416 756 5403 [email protected]

FOR SALE MIXED-USE RESIDENTIAL

REDEVELOPMENT OPPORTUNITY

45 Bowmanville, ON

Raynes Ave. MIXED-USE RESIDENTIAL REDEVELOPMENT OPPORTUNITY

45 Raynes Avenue (the “Property”) is located approximately 40 kilometers east of the City of Toronto, in the community of Bowmanville, in the municipality of Clarington. The Property is located 1.5 kilometers north of Highway 401 and situated just south of the Bowmanville East Town Centre which serves as a focal point of activity, interest, and identity for locals.

The Property is vacant and consists of multiple manufacturing buildings totalling approximately 384,692 sf situated on 38.6 acres of land. To the east, west, and south are established low-density residential single-detached homes. To the north is Bowmanville’s Town Centre and main street for retail shopping, restaurants and entertainment. Bowmanville Creek runs along the western border of the property from the northwest corner of the property to the southwest and contains a fish ladder; a portion of these lands are currently leased to the Town of Clarington. There is a walking trail that runs along the western border of the creek.

The Property is the former Goodyear Tire and Rubber Company plant that has operated since 1906 under different ownerships, most recently ContiTech (Continental AG). The closure of the plant provides the opportunity for redevelopment of the site for non-industrial uses. The redevelopment area shall be planned as a mixed-use residential area offering a combination of higher density uses, and the integration of residential, employment, cultural and community uses, taking full advantage of its proximity to downtown Bowmanville and the Bowmanville Creek.

BOWMANVILLE EAST TOWN CENTRE

LEASED LANDTOWN CENTRESUBJECT PROPERTY

NN

PROPERTY OVERVIEW

45 Bowmanville, ON


Location: 45 Raynes Avenue, is located in the community of Bowmanville in the municaipality of Clarington

Type: Industrial

Size: 384,692 sf

Lot Size: 38.6 acres

Year Built: Circa 1897, 1910, 1911, 1914, 1925, 1929, 1936, 1937, 1943, 1946, 1957 & 1975

Zoning: M2-1 / EP

Official Plan: Urban Residential & Environmental Protected Area (Special Study Area)

Taxes: $90,159.38 (2018)

Clarington’s Fast Facts• One of Ontario’s fastest growing communities• Home to Darlington Nuclear Station, which provides

20%+/- of Ontario’s electricity (refurbishment project $10 Billion)

• Port Granby Project ($270 Million)

• Highway 407, Highway 401 East & Highway 418 extension link ($1.2 Billion)

• Approved extension of Go Transit Rail to Bowmanville• Distance to major markets: Toronto-80 km’s;

Montreal-470 km’s; Buffalo-247 km’s.

PROPERTY OVERVIEW

401

401

401

401

115

57

DVP

427

107

27

27

407

407

407TOLL

407TOLL

407TOLL

407TOLL

418TOLL

412TOLL

7

3

2

2

2

410

10

404

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48

12

401

6

6

7

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82

5

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407

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407

24

7

407

Milton

Mississauga

Brampton

Caledon

Toronto

Vaughan

Richmond Hill

Markham

North YorkScarborough

PickeringAjax

Whitby Oshawa

ClaringtonStou�ville

Newmarket

Guelph

Burlington

HIGHWAY 407 EAST PROJECT EXPANSIONPhase 1Phase 2APhase 2BInterchangeDeferred Interchange

45 Raynes Ave

45 Bowmanville, ON


Bowmanville, ON

DEVELOPMENTS 105 Queen Street, (abutting the northwest portion of the Property) is a recently built seniors residence, which consists of two buildings, one that is 5 storeys in height at the south end of the property and one that is 4-storey’s located along Queen Street. There is a vacant piece of land on the neighboring parcel (no active application), but with previously obtained zoning for a 9-storey building.

The two properties located to the south of the Subject Site are owned by Fairhaven Investments Inc., which are Blocks in a Plan of Subdivision. PARKSThe property is surrounded by an abundance of parks, including the Rotary Park, Edna Mode Park, the Bowmanville Dam and Fish Ladder (which form part of 45 Raynes Avenue) and proximity to Darlington Provincial Park and Enniskillen Conservation Area.

RETAILThe Property is located within a 5 minute walking distance to King Street, which is Bowmanville’s main street for retail shopping, restaurants, entertainment and businesses. Additionally a 5 minute drive takes you to Waverley Road and several “Big Box” retail stores.

TRANSPORTATIONThe main bus route in the town runs along King Street, a 5 minute walk from 45 Raynes Ave. The bus runs every 30 minutes, including to the GO Bus Station, an additional 10 minute walk. Go Transit Rail has been approved and 45 Raynes is located within a 10 minute drive to the planned station.

SCHOOLSThe property is located within a 10 minute walk to Central Public School, a Montessori school and a 15 minute walk to Bowmanville High School.

COMMUNITY CENTRE & HOSPITALThe Garnet B. Rickard Recreation Complex is a very modern sports and recreation center and is located just a 20 minute walk, or very short drive from 45 Raynes Avenue.

The Lakeridge Health Bowmanville is a fully accredited hospital and is a 10 minute walk from the property.

GOLF COURSE & COUNTRY CLUBSFive Golf Courses are within easy driving distance:

• Bowmanville Golf & Country Club • Quarry Lakes Golf & Recreation• Pebblestone Golf Course• Harmony Creek Centre Ltd

SURROUNDING AMENITIES

CENTRAL PUBLIC SCHOOLBOWMANVILLE HIGH SCHOOL

BOWMANVILLE HOSPITAL

WAVERLY PARK

BLAISDALE MONTESSORI

KAWARTHA PINE RIDGE DISTRICT SCHOOL BOARD GUILDWOOD PARK

DUKE OF CAMBRIDGE PUBLIC SCHOOL

THE GARNET B. RICKARD RECREATION COMPLEX

BOW MEMORIAL PARK

CLARINGTON PUBLIC LIBRARY

45 Bowmanville, ON


Offering a variety of recreational opportunities Clarington is home to the Jungle Cat World, Canadian Tire Motorsport Park, two private harbours, Cedar Park Resort, Tyrone Mills, the Ganaraska Forest, the Enniskillen Conservation Area. Multiple farm markets, the Courtice Flea Market, u-pick farms, the Orono Agricultural Fair, Darlington Provincial Park, Brimacombe Ski Facility, NASCAR Truck Series and many seasonal community festivals drawing over 30,000 attendees.

RECREATIONAL & CULTURAL FACILITIES• 5 arenas – (7 ice surfaces)

• 3 indoor swimming pools & 1 outdoor swimming pool

• Bowmanville Indoor Soccer Facility

• Outdoor Lacrosse Bowl

• Older Adult Centre

• 17 Community Centres

• Canadian Tire Motorsport Park

• 5 golf courses and 2 driving ranges

•

• Downhill and cross country skiing facilities

• Clarington Public Library - 4 branches

(Bowmanville, Courtice, Newcastle Village and Orono)

• Clarington Museums & Archives; Tyrone Mill

• Marinas - Port Darlington; Port of Newcastle

• Visual Arts Centre of Clarington

• Archibald’s Winery

• 250 annual community based events.

CLARINGTON OVERVIEW

45 Bowmanville, ON


SITE PLAN

LEGAL DESCRIPTION:PT LT 12 CON 1 DARLINGTON; PT LT UNNUMBERED (LT 2 CON 1 DARLINGTON) PL 34 1/2 BOWMANVILLE PTS 1 & 3 40R14289;PT LT 8 PL H50081 BOWMANVILLE;LT 10 PL H50081 BOWMANVILLE; LT 11 PL H50081 BOWMANVILLE; LT 12 PL H50081 BOWMANVILLE; LT 13 PL H50081 BOWMANVILLE; LT 14 PL H50081 BOWMANVILLE; LT 15 PL H50081 BOWMANVILLE; LT 16 PL H50081 BOWMANVILLE; LT 17 PL H50081 BOWMANVILLE; LT 18 PL H50081 BOWMAN-VILLE; LT 19 PL H50081 BOWMANVILLE; LT 20 PL H50081 BOW-MANVILLE; UNNAMED ST PL H50081 BOWMANVILLE CLOSED BY N33686,PART OF LOT 12 CONCESSION 1 DARLINGTON, PART 2, 40R14289; S/T N167470, N33685E, N96516; CLARINGTON (PIN 26932-0252 (LT)) Land Registry Office #40. The Property compris-es approximately 38 acres.

45 Bowmanville, ON


The Biglieri Group Ltd. was engaged to provide a site investigation and planning overview for the property. As per the report, it is believed that the property would be appropriate for mixed-use redevelopment incorporating medium and high-density residential with commercial, retail and office space. Parks and open spaces are proposed to complement the residential areas and provide recreational space including a conceptual trail system to connect the property with the Bowmanville Creek and the existing trail system on the west side.

A total of 645 residential units are proposed which includes townhouses, stacked townhouses, and apartment dwellings with approximately 51,000 sq. ft. of commercial, retail, and office space. The concept also proposes the potential retention of two existing buildings and the smokestack. The buildings can be repurposed as commercial and/or community facilities.

BOW

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64 5

6

4

6

4

3

3

8

6

9

6

4

3

3

4

6

4

BUILDING 1

BUILDING 2

BUILDING 3

BUILDING 4

BUILDING 5

BUILDING 6

3

60.00

59.0

0

59.0

0

66.06

39.29

60.00

55.00

37.23

20.00

20.00

48.08

65.0620.0

0

33.0

0

20.00

71.06

59.0

0

59.0

0

60.00

39.32

59.0

0

59.32

60.00

10.0

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.00

20.0

0

53.32

35.32

10.0

0

10.0

0

20.0

054.00

20.00

34.00 20.0

0

53.0

0

33.0

0

20.00

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SMOKESTACKTO REMAIN

BUILDING 1

BUILDING 27

CONCEPTUALBRIDGE

CONCEPTUALTRAIL SYSTEM

DEVELOPMENTLIMIT

DEVELOPMENTLIMIT

CONCEPTUALTRAIL SYSTEM

PRIVATE LANE

PRIVATE

LAN

E

20.0

0

20.0

0

20.00

18.00

20.00

KING STREET

15.00

15.0

0

LONG TERM STABLE TOP OFSLOPE (LTSTSL)

CLOCA REGULATEDAREA LIMIT

CLOCA REGULATEDAREA LIMIT

CONCEPTUALSITE PLAN

ADDRESS:CONTINENTAL FACTORYBOWMANVILLE

Project No:18496

Designed By:JSMay 2, 2018

SITE STATISTICSHA

OPEN SPACE 7.00NET DEVELOPABLE LAND 8.86

PARKLANDS 2.68PUBLIC SQUARE 0.31

ROW 1.85TOTAL AREA 15.86

UNITS #TOWNHOUSE 51

STACKED UNITS 42MID TO HIGH RISE BUILDING(AVG. UNIT SIZE OF 1000ft2)

BUILDING 1 (9-STOREY) 104BUILDING 2 (8-STOREY) 108BUILDING 3 (6-STOREY) 83BUILDING 4 (6-STOREY) 85BUILDING 5 (6-STOREY) 74BUILDING 6 (6-STOREY) 81

COMMERCIAL / RETAIL / OFFICE 50,941ft2

TOTAL 645UNITS PER HECTARE (UPH) 92.15

45 Bowmanville, ON

Raynes Ave.

OFFERING GUIDELINES

FOR SALE MIXED-USE RESIDENTIAL REDEVELOPMENT OPPORTUNITY

Cushman and Wakefield ULC, Brokerage (the “Advisor”) has been retained by ContiTech Canada, Inc. (the “Vendor”) to act as exclusive Agent for the disposition of 45 Raynes Avenue in Bowmanville, Ontario.

The Property is being offered for sale at an asking price of $19,800,000.00

Following execution of a Confidentiality Agreement, prospective purchasers will be provided with due diligence documentation via access to a secure online data room.

Offers are welcome by the Advisor at any time.

The Vendor’s form of offer will be provided to all interested parties.

The Vendor is under no obligation to accept any offer.

Stephen Connell* Senior Vice PresidentCommercial Sales & Leasing

416 756 5445 [email protected]

Adam Bronson* Vice PresidentCommercial Sales & Leasing


Brad Warren BrokerLand & Development


Glen Foster* Senior Specialist, Office & Industrial Commercial Sales & Leasing


for sale 45...public school, a montessori school and a 15 minute walk to bowmanville high school....

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