Brick funder value proposition presentation mar 2018_v1.1.compressed
Disposal Package for 14 Estate Lot - 1
1. 1
Disposition proposal for :
120 Newkirk Drv, Richmond Hill
King, On
14 Estate Lot Sub-Division
Confidential Offering memorandum for 14 fully
serviced Freehold Estate Lot in King City
Prepared by :
Arash Fatemi, Sales representative
Afshin Noohi, Broker
Royal LePage your Community Realty Inc, Brokerage
Commercial/Land Division
Royal LePage Your Community Realty (the “Advisor”) has been retained on an
exclusive basis to arrange the sale of 14 Fully Serviced Freehold Estate Lot
2. 2
Disposition proposal for :
120 Newkirk Drv, Richmond Hill
King, On
14 Estate Lot Sub-Division
located in King, Ontario markets which are summarized below. This offering is
a unique opportunity to acquire one of the last remaining true estate sub-
division within York region.
Aerial Photo of the Subject Site :
4. 4
Disposition proposal for :
120 Newkirk Drv, Richmond Hill
King, On
14 Estate Lot Sub-Division
Royal LePage Your Community Realty Inc, Brokerage (the “Advisor”) has
been retained on an exclusive basis to arrange the sale of 14 fully serviced
freehold estate lot located in King, Ontario markets which are summarized
below.
This Confidential Information Memorandum (“CIM”) has been prepared by the
Advisor and is being delivered to prospective purchasers to assist them in
deciding whether they wish to acquire the Portfolio. This CIM does not purport
to be all-inclusive or to contain all the information that a prospective purchaser
may require in deciding whether or not to purchase the Portfolio. This CIM is for
information and discussion purposes only and does not constitute an offer to
sell or the solicitation of any offer to buy the Portfolio. The CIM provides
information relating to certain of the physical, locational and financial
characteristics of the Portfolio.
The information in this CIM has been obtained from various sources considered
reliable. Neither the Vendor nor the Advisor make any representations,
declarations or warranties, express or implied, as to the accuracy or
completeness of the information or statements contained herein or otherwise
and such information or statements should not be relied upon by prospective
purchasers without independent investigation and verification. The Vendor and
Advisor expressly disclaim any and all liability for any errors or omissions in the
CIM or any other written or oral communication transmitted or made available
to prospective purchasers.
If any information relating to the Portfolio, in addition to the information provided
in this CIM, is provided at any time, orally or otherwise, by the Vendor or the
Advisor, such information is provided as a convenience only without
representation or warranty as to its accuracy or completeness and such
information should not be relied upon by prospective purchasers without
independent investigation and verification.
Additional Information
Property ‘Site Plans’ and ‘Phase 1 Environmental Reports’ have been made
available in our online dataroom.
Confidentiality
Upon receipt of this CIM, prospective purchasers will have executed a
confidentiality agreement (the “Confidentiality Agreement”) under which they
have agreed to hold and treat this CIM and its contents in the strictest
confidence. respective purchasers will not, directly or indirectly, disclose or
communicate or permit anyone else to disclose or communicate this CIM or any
of its contents or any part thereof to any person, firm or entity without the prior
written
5. 5
Disposition proposal for :
120 Newkirk Drv, Richmond Hill
King, On
14 Estate Lot Sub-Division
consent of the Vendor and without first obtaining from such person, firm or
entity a separate Confidentiality Agreement in a form provided and approved by
the Vendor. Prospective purchasers will not use or permit this CIM to be used
in any manner detrimental to the interests of the Vendor, the Advisor or their
respective affiliates or for any other purpose than a proposed purchase of the
Portfolio. The recipient of this CIM agrees to provide the Advisor with a list of
those persons to whom this CIM or any information contained herein is
provided.
The terms and conditions in this Section with respect to confidentiality and the
disclaimer contained under the heading “Memorandum Contents” relate to all
Sections of the CIM as if stated independently therein. The CIM shall not be
copied, reproduced or distributed, in whole or in part, to other parties at any
time without the prior written consent of the Vendor. It is made available to
prospective purchasers for information purposes only and upon the express
understanding that such prospective purchasers will use it only for the
purposes set forth herein and upon and subject to the terms of the
Confidentiality Agreement. Upon request, the recipient will promptly return all
material received from the Vendor and the Advisor (including the CIM) without
retaining any copies thereof. In furnishing the CIM, the Vendor and the Advisor
undertake no obligation to provide the recipient with access to additional
information. The division of the CIM into sections, paragraphs, sub-paragraphs
and the insertion or use of titles and headings are for convenience of reference
only and shall not affect the construction or interpretation of this CIM.
Offering Process
The Vendor has adopted a negotiated sale process. Based on information
contained in this CIM and other information that may be made available upon
request, interested parties are invited to submit a proposal that addresses the
requirements outlined under “Submission Guidelines”. Submissions should be
directed to ‘Kingshill Estate Inc’.
Submission Guidelines
Proposals on a Portfolio basis will be evaluated primarily on the consideration
offered, the method of payment of the consideration, the prospective
purchaser’s ability to complete the transaction, and the proposed date and
conditions of closing. A proposal should outline the terms for the purchase of
the Portfolio and should include, at a minimum, the following information and
items:
1. Purchase price on an individual Property basis;
2. Name of the ultimate beneficial owners of the Properties;
3. Evidence of the purchaser’s financial ability to complete the transaction,
including the method of financing the purchase;
4. Terms and conditions of closing, including a schedule of timing and events to
complete the transaction.
6. 6
Disposition proposal for :
120 Newkirk Drv, Richmond Hill
King, On
14 Estate Lot Sub-Division
Prospective purchasers should note that the Vendor is under no obligation to
respond to or accept any proposal. The Vendor reserves the right to remove
the Offering from the market and to alter the offering process described above
and timing thereof, at its sole discretion.
Sale Conditions
The Portfolio is to be purchased on an “as is, where is” basis and there is no
warranty, express or implied, as to title, description, condition, cost, size,
merchantability, fitness for purpose, quantity or quality thereof and without
limiting the foregoing, any and all conditions or warranties expressed or implied
will not apply and are to be waived by the purchaser.
Offers
There is a standard form of offer available for interested parties. Offer will be
dealt with on first come first serve basis.
Any information related to the Portfolio which has been or will be obtained from
the Vendor or the Advisor or any other person, by a prospective purchaser, has
been prepared and provided solely for the convenience of the prospective
purchaser and will not be warranted to be accurate or complete and will not
form part of the terms of an agreement of purchase and sale.
Exclusive Advisor
Royal LePage will be acting solely as agent for the Vendor and not as agent for
the purchaser. All inquiries regarding the Portfolio or any information contained
in this CIM should be directed to the under noted on behalf of the Vendor and
the Advisor.
Royal LePage Your Community Realty Inc, Brokerage
8854 Yonge St, Richmond Hill, ON L4C 6Z6
Main: (905) 731-2000
Fax: (905) 886-7556
Arash Fatemi, Land division, Sales Representative
416-910-4726 afaemi@royallepagecommercial.com
Afshin Noohi, Broker
416-722-7772 markethouseprices@gmail.com
7. 7
Disposition proposal for :
120 Newkirk Drv, Richmond Hill
King, On
14 Estate Lot Sub-Division
SUBJECT PROPERTY
Estate Lots, King, Ontario
The subject property consists of total of 21 fully serviced lot ranging size from 2
to 3 acre estate lots. The subject site received its approval before the Oak
Ridges Moraine Act. Currently there are 14 lots available for sale.
The subject property is strategically located just South of Lloydtown Aurora Rd
Forest Drive. The subject site is probably one of the last remaining sites that
such a Sub-division can be built. As the area develops, the project will have a
positive impact on the local economy and boost excitement in this community.
The subject site is approximately 12 km from the town of Aurora and about 15
min drive. About 22 km from City of Vaughan and 19 min drive. It is in the
vicinity of the highway 400 with easy access through Lloydtown Aurora Rd exit.
This location can be an opportunity for a builder with great vision to develop
one of the last remaining sites for estate homes within 20 min drive from
Toronto.
There has been a lot of estate homes development within 10 min drive from the
subject site such as : Carrying Place golf and country club estate housing Sub-
division, Centennial Park estate sub-division to the south of subject site,
Fairfield estate sub-division on Dufferin and 16th
side rd and a few estate
homes along 16th
& 17th
side rd. between Dufferin & Jane St.
There has been over 70 sales in existing estate housing sale transaction within
past 28 month with an average price of $1,760,471.00. There has been sales of
26 land or house as land value transaction within past 28 month with prices
range from $600,000 up to $1,400,000 and average price of $894,000.00 per
lot. The complete lists of all transactions are attached to this proposal.
We believe there is significant potential to sell this sub-division to a builder with
experience in Estate homes or sell as individual lot to potential users.
The neighborhood enjoys very high household income with middle age
population average of 46 years old.
Access: The subject site is within 2 min drive to access from Highway 400
series through Lloydtown Aurora Rd located north of the subject site.
8. 8
Disposition proposal for :
120 Newkirk Drv, Richmond Hill
King, On
14 Estate Lot Sub-Division
Demographic of the immediate neighborhood
The subject property enjoys a very high income household that makes it
extremely attractive for custom home estate builder.
9. 9
Disposition proposal for :
120 Newkirk Drv, Richmond Hill
King, On
14 Estate Lot Sub-Division
Market Re-Search Competition and Availability for estate housing sub-divisions:
Our research shows that there are only 9 sub-divisions within 25 km from the subject site that
have estate Lots over 75’ of frontage. The list and name of the sub-division including their
pricing and inventory level are listed below
Estate Sub-Division selling prices and availability report Source : Realnet
# of
Product
Offerings
Month
Sales
YTD
Sales
Remaing
Inventory
Avg.
Size
(Sf) Avg. Price
Avg.
Monthly
Absorption
Detached <=
40 ft
0 0 0 0 0 $0 0.00
Detached >
40 ft
11 1 2 23 5,577 $2,367,232 0.11
Link 0 0 0 0 0 $0 0.00
Semi-
Detached
0 0 0 0 0 $0 0.00
Townhouse 0 0 0 0 0 $0 0.00
10. 10
Disposition proposal for :
120 Newkirk Drv, Richmond Hill
King, On
14 Estate Lot Sub-Division
In total there are currently only 23 estate home left among the 9 Sub-divisions in York region
with the average price of $2,367,232.00 with true estate homes and land with frontage of over
75’ of frontage..
The best comparable sub-division will be King Estate in King City with their details below:
#/Model Name
DESCRIPTION ELEVATION
# OF
BEDROOMS
HOME
TYPE SIZE (SF) PRICE PRICE/SF STATUS
1. GRAND CENTRAL Brick/Stone/Stucco A 4 bdrm 2 Storey 6,164 $2,429,900 $394 sold out
Brick/Stone B 4 bdrm 2 Storey 6,160 $2,449,900 $398 sold out
Brick/Stone C 4 bdrm 2 Storey 6,172 $2,401,900 $389 sold out
Brick/Stone Grand
Central
4 bdrm 2 Storey 6,160 $2,461,900 $400 available
2. MILLENNIUM Brick/Stone A 4 bdrm 2 Storey 6,055 $2,320,900 $383 sold out
Brick/Stone B 4 bdrm 2 Storey 6,091 $2,334,900 $383 sold out
Brick/Stone C 4 bdrm 2 Storey 6,120 $2,345,900 $383 sold out
Brick/Stone Millennium 4 bdrm 2 Storey 6,055 $2,380,900 $393 available
11. 11
Disposition proposal for :
120 Newkirk Drv, Richmond Hill
King, On
14 Estate Lot Sub-Division
Map and List of Sold and Available Estate lot within boundary of 404, 19th
Ave,
Lloydtown Aurora Rd, Dufferin
Subject
Site
12. 12
Disposition proposal for :
120 Newkirk Drv, Richmond Hill
King, On
14 Estate Lot Sub-Division
LSCLSCLSCLSC St#St#St#St# CommunityCommunityCommunityCommunity Sold PriceSold PriceSold PriceSold Price TypeTypeTypeType DescriptionDescriptionDescriptionDescription Sold DateSold DateSold DateSold Date
LotLotLotLot
FrontFrontFrontFront
LotLotLotLot
DepthDepthDepthDepth
AcreAcreAcreAcre DOMDOMDOMDOM
Sld 15 Eden Vale King City $970,000 Vacant Land 07/05/2013 297 286 2-4.99 9
Sld 44 East Humber King City $1,000,000 Detached 2-Storey 07/12/2013 115 197
.50-
1.99
68
Sld 13321 Jane King City $625,000 Detached Bungalow 01/09/2014 175 420 101
Sld 3335 16th Rural King $680,000 Farm Other 02/09/2014 326 1333 5-9.99 38
Sld 3335 16th Rural King $680,000 Vacant Land 02/09/2014 326 1333 5-9.99 38
Sld 15110 Jane Rural King $845,000 Detached
Bungalow-
Ra...
04/09/2014 150 689 2-4.99 28
Sld 15045 Jane King City $875,000 Detached
1 1/2
Store...
09/09/2014 400 591 47
Sld 2370 17th King City $1,150,000 Detached Bungalow 06/10/2014 310 664 0
Sld
2440
Seventeenth
Rural King $935,000 Detached 2-Storey 05/12/2014 328 670 5-9.99 17
Sld 481 Dearbourne King City $850,000 Detached
Bungalow-
Ra...
11/12/2014 407 517 2-4.99 100
Sld 260 Spruce Hill Rural King $760,000 Detached Sidesplit 4 02/03/2015 563 155 32
Sld 350 Kingscross King City $1,220,000 Detached
Bungalow-
Ra...
02/10/2015 138 104 3
Sld 44 Kingsworth King City $915,000 Detached Bungalow 10/17/2013 235 305 2-4.99 95
Sld 13145 Jane Rural King $830,000 Detached 2-Storey 10/22/2014 171 0
.50-
1.99
22
Sld 2626 King Rural King $1,045,000 Detached Bungalow 10/26/2014 130 0 5-9.99 74
Sld 15075 Jane Rural King $890,000 Detached Sidesplit 4 12/30/2013 301 608 2-4.99 110
Sld 1475 15th Rural King $680,000 Detached 2-Storey 5/23/2013 175 502 6
Sld 2300 17th Rural King $790,000 Detached Other 5/26/2014 334 0 2-4.99 10
Sld 14860 Keele King City $1,450,000 Detached Bungalow 7/27/2014 91 503 5-9.99 47
Sld 1246 Fifteenth Rural King $790,000 Detached 2-Storey 7/29/2013 175 510 54
Sld 68 Watch Hill King City $900,000 Detached Bungalow 8/15/2013 176 445 27
Sld 12734 Keele King City $1,180,000 Detached 2-Storey 8/28/2014 141 220 266
Sld 2265 17th Rural King $515,000 Vacant Land 9/30/2013 321 288 2-4.99 160
New 2135 17th Rural King $925,000 Detached Bungalow 4/16/2015 340 645 6
New 14600 Jane King City $1,199,000 Vacant Land Other 552 916
10-
24.99
24
Summary : Since 2013 there has been only 25 estate lots sold within the 5 km radius of
the subject site. The absorption rate were 1.25 lot per month. Currently there is only 1
estate lot available for sale. This make our site extremely favorable to achieve faster sell
results. Majority of these sales were sold for land value.
The most recent and the best comparison lot that were sold just south of the subject site
for $1,2 Million with 200’ of frontage and 2.54 Acre land on 296 King’s Summit Rd
13. 13
Disposition proposal for :
120 Newkirk Drv, Richmond Hill
King, On
14 Estate Lot Sub-Division
Stats, pricing and detailed information about the Estate Housing Re-Sale market in the area
LSC St# Community Sold Price Type Description Sold Date
Lot
Front
Lot
Depth
Acreage DOM
Sld 15995 Jane King City $975,000 Detached 2-Storey 11/17/2014 252 167 .50-1.99 11
Sld 44 East Humber King City $1,000,000 Detached 2-Storey 07/12/2013 115 197 .50-1.99 68
Sld 142 Manitou King City $1,228,000 Detached 2-Storey 2/13/2015 202 436 .50-1.99 12
Sld 104 East Humber King City $1,090,000 Detached 2-Storey 4/29/2014 98 282 26
Sld 35 Kingsworth King City $1,135,000 Detached Bungalow 6/27/2013 175 574 .50-1.99 15
Sld 159 Burns King City $1,110,000 Detached 2-Storey 7/31/2013 103 257 .50-1.99 12
Sld 12090 Jane
Rural
Vaug...
$1,050,000 Detached Bungalow 11/25/2014 125 367 .50-1.99 21
Sld 145 Curtis King City $1,155,000 Detached 2-Storey 10/18/2014 108 196 7
Sld 281 Burns King City $1,190,000 Detached 2-Storey 10/17/2014 131 284 70
Sld 355 Warren King City $1,269,000 Detached 2-Storey 8/24/2014 133 228 .50-1.99 3
Sld 101 Manitou King City $1,004,700 Detached 2-Storey 08/11/2013 212 0 2-4.99 40
Sld 15010 Keele Rural King $1,175,000 Detached 2-Storey 7/31/2014 453 0 2-4.99 66
Sld 15 Watch Hill King City $1,195,000 Detached Sidesplit 4 2/18/2014 230 485 2-4.99 5
Sld 110 Collard King City $1,125,000 Detached 2-Storey 9/17/2013 332 269 2-4.99 225
Sld 47 Aukland King City $1,190,000 Detached 2-Storey 03/07/2014 100 355 .50-1.99 10
Sld 305 Burns King City $1,295,000 Detached 2-Storey 03/04/2015 131 262 .50-1.99 2
Sld 321 Melrose King City $1,235,000 Detached 2-Storey 04/10/2015 239 400 55
Sld 4 Kingsworth King City $1,275,000 Detached Bungalow 2/25/2014 270 0 135
Sld 110 Mcclure King City $1,280,000 Detached 2-Storey 7/31/2014 96 185 .50-1.99 49
Sld 219 Cavell Rural King $1,200,000 Detached
Bungalow-
Ra...
6/20/2014 349 624 5-9.99 200
Sld
44 Walkington
W...
King City $1,262,500 Detached 2-Storey 04/02/2014 106 175 16
Sld 125 Dearbourne Rural King $1,250,000 Detached 2-Storey 6/18/2014 348 635 5-9.99 43
Sld 12 Curtis King City $1,230,000 Detached 2-Storey 3/21/2014 101 278 191
Sld 402 Burns King City $1,275,000 Detached 2-Storey 11/26/2013 141 244 .50-1.99 73
Sld 116 Mcclure King City $1,350,000 Detached Bungalow 04/04/2014 119 185 2
Sld 13695 Jane King City $1,250,000 Detached Other 8/23/2014 200 436 2-4.99 219
Sld 2181 17th Rural King $1,400,000 Detached Bungalow 10/08/2014 273 608 2-4.99 8
Sld
24 Austin
Rumbl...
King City $1,427,000 Detached Bungaloft 9/20/2013 84 204 21
Sld 34 Kingsworth King City $1,400,000 Detached Sidesplit 3 11/02/2014 241 305 .50-1.99 108
Sld 81 Kingscross King City $1,400,000 Detached 2-Storey 5/15/2014 295 331 2-4.99 31
Sld 55 Watch Hill King City $1,350,000 Detached 2-Storey 9/20/2013 175 0 2-4.99 107
14. 14
Disposition proposal for :
120 Newkirk Drv, Richmond Hill
King, On
14 Estate Lot Sub-Division
Sld 22 Manitou King City $1,350,000 Detached 2-Storey 04/03/2015 176 497 2-4.99 32
Sld 101 Manitou King City $1,440,000 Detached 2-Storey 11/13/2014 212 0 2-4.99 18
Sld 72 Manitou King City $1,350,000 Detached 2-Storey 7/22/2014 154 0 2-4.99 47
Sld 20 Carmichael King City $1,449,000 Detached 2-Storey 9/19/2014 105 277 9
Sld 116 Mcclure King City $1,350,000 Detached Bungalow 11/27/2013 119 185 56
Sld 78 Curtis King City $1,445,000 Detached 2-Storey 06/02/2014 100 400 120
Sld 152 Burns King City $1,495,000 Detached 2-Storey 10/15/2014 170 397 .50-1.99 194
Sld 2 Manitou King City $1,450,000 Detached 2-Storey 1/24/2015 342 241 2-4.99 18
Sld 95 Watch Hill King City $1,450,000 Detached Bungalow 9/17/2014 175 515 2-4.99 56
Sld 32 Manitou King City $1,500,000 Detached 3-Storey 5/13/2014 181 0 15
Sld 38 Mcclure King City $1,750,000 Detached 2-Storey 3/15/2015 86 184 23
Sld 27 Scott King City $1,650,000 Detached Bungalow 7/29/2014 281 338 76
Sld 135 Clearview King City $1,950,000 Detached 2-Storey 6/17/2013 100 132 26
Sld 5 Richard Serr... King City $2,325,000 Detached 2-Storey 9/29/2014 86 230 .50-1.99 4
Sld 141 Kingscross King City $2,350,000 Detached 2-Storey 8/23/2013 185 226 2-4.99 52
Sld 111 Kingscross King City $2,400,000 Detached 2-Storey 3/17/2015 271 0 2-4.99 56
Sld 1865 16th Rural King $2,600,000 Detached 2-Storey 6/29/2013 490 1316 26
Sld 1 Stallions
Rural
Vaug...
$3,000,000 Detached 2-Storey 10/21/2013 199 301 11
Sld 92 Stallions
Rural
Vaug...
$2,930,000 Detached 2-Storey 12/03/2014 96 299 .50-1.99 57
Average
Price
$1,460,104
Average
Frontage
189.366
Average
DOM
55
Based on the above chart there has been over 71 sale in estate homes in King
& Rural King Area. Each of the house on average were in the market for about
55 days. The average price for all the housing sold within the area with a
minimum of 75’ of frontage was about $1,460,000. The above chart shows the
sale absorption in such market over the past 24 were about 3 houses per
month.
15. 15
Disposition proposal for :
120 Newkirk Drv, Richmond Hill
King, On
14 Estate Lot Sub-Division
Chart of the Available estate homes for sale with minimum of 75’ frontage
The average price of estate houses available within the area is about
$2,100,000.00 We considered all the houses with over 75’ of frontage and on
average most of these houses have about 2 acre of land. On average each
house has been about 60 days on the market.
LSC St# Community List Price Type Description
Lot
Front
Lot
Depth
Acreage DOM
Listing Entry
Date
New 13305 Dufferin King City $1,100,000 Detached 2-Storey 200 201 35 03/12/2015
New 13735 Jane King City $1,149,000 Detached 2-Storey 226 387 2-4.99 27 3/20/2015
New 13599 Jane King City $1,175,000 Detached 2-Storey 259.59 286.94 .50-1.99 3 4/13/2015
New 2700 King King City $1,199,000 Detached Bungalow 250 250 .50-1.99 91 1/15/2015
New 13290 Keele King City $1,275,000 Detached
Bungalow-
Ra...
224 195 87 1/20/2015
New 15130 Keele Rural King $1,349,900 Detached Bungalow 333.46 638.24 2-4.99 43 03/04/2015
New 48 Carmichael King City $1,695,000 Detached 2-Storey 105 290 .50-1.99 4 4/13/2015
New 186 Dew King City $1,788,888 Detached 2-Storey 75 125 1 4/15/2015
New 102 Manitou King City $1,975,000 Detached 2-Storey 154 557 14 04/02/2015
New 60 Curtis King City $2,000,000 Detached Bungaloft 100 315 52 2/23/2015
New 1968 16th Rural King $2,250,000 Detached 2-Storey 237.62 850.4 2-4.99 85 1/21/2015
New 2 Kingswood Rural King $2,488,000 Detached Bungalow 300 877.5 5-9.99 48 2/27/2015
New 12455 Jane King City $2,800,000 Detached Bungaloft 174 476 2-4.99 65 02/10/2015
New 12715 Jane King City $3,200,800 Detached Bungaloft 485 188 9 04/07/2015
New 6 Eden Vale King City $3,380,000 Detached Bungalow 322.54 0 .50-1.99 48 2/27/2015
New 22 Blueberry King City $3,450,000 Detached 2-Storey 129.6 585 2-4.99 49 2/26/2015
New 2905 16th Rural King $3,695,000 Detached
2 1/2
Store...
202.1 404.53 87 1/19/2015
New 111 Manitou King City $4,649,000 Detached Bungalow 226 508 2-4.99 84 1/22/2015
Pc 1572 17th King City $1,039,000 Detached 2-Storey 129.99 270 .50-1.99 180 10/18/2014
Pc 3295 Sixteenth Rural King $2,190,000 Detached 2-Storey 323.76 1329.3 5-9.99 150 11/17/2014
$2,192,429 222.883 436.696 58.1
16. 16
Disposition proposal for :
120 Newkirk Drv, Richmond Hill
King, On
14 Estate Lot Sub-Division
List of Available Lot:
Lot # Size Civic Address Street Name
------- ------- ------------------- ------------------
1 2 Acres 11 Mount Mellick Drive
2 2.09 Acres 21 Mount Mellick Drive
4 2 Acres 41 Mount Mellick Drive
5 2.2 Acres 51 Mount Mellick Drive
10 2.52 Acres 39 Orlin Chappel Court
11 2.08 Acres 40 Orlin Chappel Court
12 2.02 Acres 30 Orlin Chappel Court
13 2 Acres 20 Orlin Chappel Court
14 2 Acres 42 Mount Mellick Drive
15 2 Acres 32 Mount Mellick Drive
18 2.21 Acres 25 James Morning Court
19 2.23 Acres 35 James Morning Court
20 2 Acres 16 James Morning Court
21 2.16 Acres 6 James Morning Court
Services: All the lots currently have been fully serviced, roads and lighting are
in, the cable, Hydro and Gas are at the lot line. Water will be supplied through
individual well for each lot which are the responsibility of the Seller. There is no
sewer at the property, at the time of the construction of new home the Buyer is
17. 17
Disposition proposal for :
120 Newkirk Drv, Richmond Hill
King, On
14 Estate Lot Sub-Division
required to install septic system at his cost. Please note that this is the only site
in Rural King that has cable and high speed internet available.
All of the lots have been registered and there is a municipal address for each
individual lot.
Architectural control: There is an Architectural control registered on title and
requires approval for each individual lot at the time of applying for building
permit. The copy of the architectural control is available. Some of the lots are
designated to build bungalow and the rest of the lot can build bungalow or two-
storey. Below is the site plan showing each individual lot and what can be built
on them.
Minimum dwelling design guide:
Bungalow shall have a minimum gross floor area excluding the basement of
3250 sq ft.
Two-storey dwelling shall have a minimum gross floor area of 5500 sq ft
excluding the basement
18. 18
Disposition proposal for :
120 Newkirk Drv, Richmond Hill
King, On
14 Estate Lot Sub-Division
Our Commercial Team
Our Team
Arash Fatemi, Sales Representative 416.910.4726
afatemi@royallepagecommercial.com
Afshin Noohi, Broker 416.722.7772
markethouseprices@gmail.com
Our Team consists of 2 members each bringing knowledge and experience into
this industry. With over 15 years combined experience in the Real Estate
Industry, our Team has serviced the GTA and York Region in the disposition
and leasing of Medical/Office – retail/industrial, Investment and Land asset in
York region and GTA.
Integrity and respect is our foremost standards of conduct and define our
service approach with clients and colleagues. As a Team we collaborate, share
ideas and trust in sharing of information. We have confidence in each other to
deliver the most creative and innovative services to our clients.
Our Service
By using our strength, resource and passion, we assist clients in every stage of
the real estate process, representing them in the buying, selling, financing,
leasing, managing and valuing of assets. In addition, our Team will provide
strategic planning and research, portfolio analysis, site selection and space
location, among many other advisory services. We help our clients anticipate
market opportunities, seize competitive advantages and exceed their real
estate goals.
Our results
We strive to bring forward our best efforts, experience and knowledge to
ultimately succeed our client expectation and allowing them to receive the
optimum real estate solution for their business.
19. 19
Disposition proposal for :
120 Newkirk Drv, Richmond Hill
King, On
14 Estate Lot Sub-Division
About Your Community Reality
We’re proud of our company, and with over 1000 Realtors®
, 13 convenient
office locations and over 60 support staff with over $6,5 Billion in sales annually
we look forward to catering to the real estate needs of our clients. We support
and service the growth of our local communities by providing personal and
professional real estate services in a timely and consistent manner. We are
renowned for our customer focus and our responsiveness.
Our Realtors®
and offices support a wide variety of local charities, events and
worthwhile causes. Our vision is to build stronger and safer communities by
giving back and supporting the local needs of our neighborhoods and their
residents. At Your Community Realty™
, we view this commitment as our
responsibility to the community, to our families and to ourselves.
Thanks to our client base and our family of Realtors®
, Your Community
Realty™
has become Canada’s largest independently owned Royal LePage
franchise. We account for approximately 80% of Real Estate Sales within York
Region, Canada’s largest and fastest growing Municipality. Your Community
Realty™
also offers it’s Realtors®
our on-site YCR Marketing Department to
develop presentations, promotional materials and sales aids.
We think and act like a family because we are one.
Royal LePage Commercial sold more than
$65,000,000.00 in commercial real estate asset in
the 1st
quarter of 2015
20. 20
Disposition proposal for :
120 Newkirk Drv, Richmond Hill
King, On
14 Estate Lot Sub-Division
YCR Commercial Services
Industrial
Browse our diverse range of Industrial properties
for sale or lease and find out more about how a
YCR Realtor® can help your organization find the
industrial property that meets their unique needs.
Commercial
Whether you’re looking to re-locate an existing
business, open a new location or investigate new
market opportunities, at YCR we have a variety of
commercial listings for lease or sale that are sure
to meet your needs.
Office/Medical/Business
From single offices and high-rise office/medical
buildings to small local businesses and international
organizations, YCR Realtors® can help you find the
right office or business for you and, help you
navigate the ins and outs of negotiating and
finalizing the deal.