539-541 Rogers Rd (Offering Memorandum)

TORONTO, ON
OFFERING MEMORANDUM
539-541Rogers Road

CONFIDENTIALITY AND DISCLAIMER
The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended
to be reviewed only by the party receiving it from Marcus & Millichap, Brokerage ("Marcus & Millichap") and should
not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing
Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish
only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a
thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or
representation, with respect to the income or expenses for the subject property, the future projected financial
performance of the property, the size and square footage of the property and improvements, the presence or absence of
contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition
of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or
intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has
been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify,
any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these
matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information
provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.
539-541Rogers Road
TORONTO, ON
NON-ENDORSEMENT NOTICE
Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in
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with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any
agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of
providing tenant lessee information about this listing to prospective customers.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR
MARCUS & MILLICHAP AGENT FOR MORE DETAILS.

539-541Rogers Road
TORONTO, ON
OFFERING MEMORANDUM

Price Request For Offer
Total Rentable Square Feet 1,800
# of Units 2
Apartments - Rentable Square Feet 900
Retail - Gross Leasable Area (GLA) 900
Lot Size 20 Feet x 100 Feet
Vital Data
Net Operating Income - Current ($3,327)
Comments
Majority of building is currently owner occupied.
OFFERING MEMORANDUM
Unit Mix
539-541Rogers Road
TORONTO, ON
No. of
Units**
Unit
Type
Approx.
Square
Feet
Total
Major Employers
Company
Local
Employees
Policing Services Division 17,000
University Of Toronto 9,075
Department Of Public Health 9,000
Td Canada Trust 7,662
Government Of Ontario 7,335
Rogers Communications Inc 7,062
Toronto-Dominion Bank, The 5,167
Bombardier Aeronautique 5,000
Ministry Of Health 4,160
Bruce Power L.P. 3,700
Toronto General And Western 3,500
Cbc 3,400
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to
the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any
inaccuracies. Marcus & Millichap is a trademark of Marcus & Millichap Real Estate Investment Services, Inc. Used under license by Marcus &
Millichap Real Estate Investment Services Canada Inc., Brokerage © 2015 W3010077 Marcus & Millichap. All rights reserved.
Demographics
1-Km 3-Kms 5-Kms
2013 Total 47,823 433,431 1,087,274
2018 Total 47,219 440,160 1,146,940
2013 Total 17,747 179,558 488,580
2018 Total 18,016 186,805 528,549
Median HH Income $53,955 $66,694 $73,060
Per Capita Income $25,452 $40,040 $48,775
Average (Mean) HH $68,585 $96,652 $108,542
OFFERING SUMMARY

OFFERING MEMORANDUM
539-541Rogers Road
TORONTO, ON
Comments
Gross portential rent for the retail spaces are based upon a Net rental rate of $15 PSF.
Apartment rental rates assumed @ $800.00 per month ($800 * Units * 12 months)
2 Hydro Meters one for Residential Apts & one for Commercial units
Income Current Pro Forma
Apartments
GROSS POTENTIAL RENT $12,600 $19,200
GROSS POTENTIAL INCOME $12,600 $19,200
EFFECTIVE GROSS INCOME $12,600 $19,200
Retail
GROSS POTENTIAL RENT $0 $13,500
GROSS POTENTIAL INCOME $0 $13,500
EFFECTIVE GROSS INCOME $0 $13,500
COMBINED EFFECTIVE GROSS INCOME $12,600 $32,700
Total Expenses $15,927 $15,927
% of EGI 126.4% 48.7%
NET OPERATING INCOME ($3,327) $16,773
INCOME AND EXPENSES

OFFERING MEMORANDUM
539-541Rogers Road
TORONTO, ON
Comments
Ground Level Retail Currently Owner Occupied.
Current Per SF Pro Forma Per SF
Real Estate Taxes $7,396 $4.11 $7,396 $4.11
Insurance $3,745 $2.08 $3,745 $2.08
Utilities $4,786 $2.66 $4,786 $2.66
TOTAL EXPENSES $15,927 $8.85 $15,927 $8.85
% of EGI 126.4% 48.7%
EXPENSES

539-541 Rogers Road
Toronto, ON M6M 1B4
Price Request For Offer
Lot Size 20 Feet x 100
Type of Ownership Fee Simple
Annualized Operating Data
Income Current Pro Forma
Apartments - Gross Potential Rent $12,600 $19,200
Retail - Gross Potential Rent $0 $13,500
Combined Gross Potential Rent $12,600 $32,700
Gross Potential Income $12,600 $32,700
Effective Gross Income $12,600 $32,700
Less: Combined Expenses $15,927 $15,927
Net Operating Income ($3,327) $16,773
OFFERING MEMORANDUM
Location
539-541Rogers Road
TORONTO, ON
Expenses
Real Estate Taxes $7,396 $7,396
Insurance $3,745 $3,745
Utilities $4,786 $4,786
TOTAL EXPENSES $15,927 $15,927
EXPENSES/SF $8.85 $8.85
% of EGI 126.4% 48.7%
FINANCIAL OVERVIEW

Local Map Regional Map
OFFERING MEMORANDUM
539-541Rogers Road
TORONTO, ON
AREA MAPS

OFFERING MEMORANDUM
539-541Rogers Road
TORONTO, ON
AERIAL PHOTO

OFFERING MEMORANDUM
539-541Rogers Road
TORONTO, ON
Toronto Metro
Geography
The Greater Toronto Area, (GTA) is composed of the
city of Toronto and the surrounding districts of
Halton, Durham, York and Peel in the Canadian
province of Ontario. The southern border of the metro
is formed by Lake Ontario. Large portions of the
Toronto metro remain undeveloped in the form of
woodlands and agricultural pastures. Additionally,
development is limited along conservation-protected
lands known as the Greenbelt, which includes the areas
of Oak Ridges Moraine, Rogue Park and the Niagara
Escarpment just outside the city.
Market Highlights
Highly skilled workforce
■ Toronto boasts a well-educated workforce. The share
of metro residents with a bachelor’s degree exceeds
the national average.
Large financial sector
■ The presence of the Toronto Exchange and “Big
Five” banking headquarters make Toronto the
financial capital of Canada.
Growing hi-tech industry
■ Markham is home to Canada’s highest concentration
of technology firms, making it the “Silicon Valley”
of Canada.
Well-development industrial market
■ Toronto has one of the largest industrial nodes in
North America.
TORONTO

OFFERING MEMORANDUM
Largest Municipalities by Population
539-541Rogers Road
TORONTO, ON
* Forecast
Sources: Marcus & Millichap Research Services, Environics
Metro
The Toronto GTA is home to more than 6.6 million
residents and is one of North America’s most populated
metropolitan areas. The city of Toronto itself, with
more than 2.8 million people, is Canada’s largest city.
The city is expected to reach nearly 3 million
inhabitants by 2019.
Infrastructure
The Toronto GTA contains a vast and widely used
freeway system, composed of the King’s Highways and
multiple municipal expressways. As an economic
powerhouse with a large manufacturing base, the metro
is also a major center for rail and freight distribution.
The Canadian National Railway and Canadian Pacific
Railway both operate intermodal facilities in the area.
The Toronto Harbour is the region’s major port and a
hub for freight transportation. The harbour handles
more than 1.5 million tons of cargo every year. Air
transportation is provided by the Toronto Pearson
International Airport, which offers service to more than
36 million passengers annually. Other airports nearby
include the Billy Bishop Island Airport, the Buttonville
Airport (Markham) and the Hamilton International
Airport. In addition, a new airport has been proposed in
Pickering. The region’s multiple independent public
transportation providers are in the process of
consolidating under the banner of Metrolinx. From
subways to intraregional rail service, the merged
Metrolinx system will allow passengers to traverse
throughout Greater Toronto and beyond with a
simplified and streamlined fare structure.
Toronto 2,839,100
Peel 1,429,100
York 1,139,400
Durham 660,800
Halton 548,300
TORONTO
Airports
■ Toronto Pearson International Airport, Billy
Bishop Island Airport, Buttonville Airport,
Hamilton International Airport
Major Roadways
■ Highways 400, 401, 403, 404, 407 ETR, 409,
410 and 427
■ Queen Elizabeth Way, Gardiner Expressway
Rail
■ Freight- Canadian National Railway; Canadian
Pacific Railway
■ Passenger- Metrolinx, TTC, LRT, Via Train,
Go Transit
Port
■ Toronto Harbour
The Toronto GTA is:
■ 110 km from Kitchener-Waterloo
■ 450 km from Ottawa
■ 540 km from Montreal
■ 760 km from New York City, USA
■ 840 km from Chicago, USA

OFFERING MEMORANDUM
539-541Rogers Road
TORONTO, ON
GMP = Gross Metropolitan Product
* Forecast
Sources: Marcus & Millichap Research Services, WorldBank,
Conference Board of Canada, Environics
Economy
The Greater Toronto Area boasts Canada’s most vibrant
economy, containing approximately 40 percent of all
Canadian business headquarters and producing roughly
20 percent of the entire nation’s GDP. The GTA
provides a mixture of service, retail, logistics,
distribution and manufacturing industries, which
combine to make a well-diversified economy.
Toronto’s financial sector has a significant impact on
the local economy. The Royal Bank of Canada, Toronto
Dominion Bank, Bank of Nova Scotia, Bank of
Montreal and Canadian Imperial Bank of Commerce —
collectively known as Canada’s “Big Five” — all house
their corporate headquarters in Toronto’s Financial
District. The district is also home to the Toronto Stock
Exchange where the S&P/TSX Composite Index is
traded. These banks and financial institutions provide
crucial venture capital to the region’s growing high-tech
sector. The municipality of Markham contains Canada’s
highest concentration of technology companies and is
often referred to as Canada’s “High-Tech Capital.”
Toronto hosts North America’s second-largest
automotive industry, behind only Detroit. Ford,
Chrysler and General Motors operate large
manufacturing facilities in the area, while Toyota and
Honda also have fabrication plants nearby. The media
industry is also an economic driver with firms such as
McClelland & Stewart, Rogers Communications and
Cookie Jar Group.
TORONTO

OFFERING MEMORANDUM
539-541Rogers Road
TORONTO, ON
Labor
The GTA provides nearly 3.7 million jobs to a highly diverse population of workers. Local employment is
expected to expand 1.4 percent annually over the next five years, for a total of approximately 272,100 new
positions. The rate of job growth will outpace the Canadian average, which is forecast to expand by 1.0 percent
each year through 2019.
As one of Canada’s primary economic centers with a thriving consumer base, jobs in sales and service comprise one
of the largest shares of employment. This sector contributes 22 percent of all payrolls in the region, followed by
the business and finance sector with 19 percent. The health and sciences, and education, government and human
services sectors provide an additional 12 percent and 13 percent of the GTA’s jobs, respectively.
Through 2019, positions in all major employment sectors are expected to grow. Education, government and
human services, and health and sciences will lead job growth with 1.6 percent annual increases during this period.
This is followed by sales and service, and trade and transport, which will each average 1.5 percent gains over the
next five years.
* Forecast
TORONTO

OFFERING MEMORANDUM
539-541Rogers Road
TORONTO, ON
Major Employers
Employers
Toronto is home to a number of Fortune 500
headquarters, including: Manulife Financial; Royal
Bank of Canada; George Weston; Toronto Dominion
Bank; Bank of Nova Scotia; Magna International;
Onex; and Sun Life Financial. Greater Toronto contains
more than 250,000 individual businesses across a variety
of employment sectors.
With approximately 701,100 jobs in Toronto’s financial
activities sector, Canada’s Big Five banking institutions
provide a large number of employment opportunities in
the region. Two of the world’s largest life insurance
providers — Sun Life Financial and Manulife Financial
— also call the metro home. The municipality of
Markham contains nearly 900 individual technology
companies, which provide numerous high-quality
positions. In addition to various startups and small
firms, technology companies such as IBM, Hewlett-
Packard and Oracle also offer significant employment.
The automotive industry also supports a sizable number
of jobs in the GTA. While Ford, Chrysler and General
Motors’ fabrication facilities are among the top
employers in this sector, a total of 17 automobile parts
manufacturers have deemed Toronto their headquarters
of Canadian operations.
With education and health services providing a major
portion of service sector employment, significant
employers in this segment include the Sunnybrook
Health Sciences Centre; Toronto General Hospital;
University of Toronto; and York University. * Forecast
Sources: Marcus & Millichap Research Services, BLS, Moody's
Analytics, Experian
Air Canada Inc.
Bank of Nova Scotia
Canada Post Corp.
Canadian Imperial Bank of Commerce
Magna International Inc.
Royal Bank of Canada
Toronto Transit Commission
Bank of Montreal
Ford Motor Company of Canada Ltd.
IBM Canada Ltd.
TORONTO

OFFERING MEMORANDUM
539-541Rogers Road
TORONTO, ON
Demographics
The GTA contains a population of more than 6.6
million people and is forecast to grow at an average pace
of 1.3 percent annually through 2019. Over the past
five years, the metropolitan area gained approximately
530,200 new residents and will add more than 425,000
by 2019.
With roughly 57 percent of area residents falling within
the working ages of 25 to 64, Toronto boasts a robust
labor force. The median age in the metro is 40.4 years,
younger than the national median of 42. Over the next
five years, a large swell of the population is expected to
enter retirement. Residents in the 65 and older age
cohort are forecast to grow significantly during this
period.
As the primary economic center of Canada, Toronto
residents tend to be more educated and earn higher
salaries than at the national level. Approximately 30.1
percent of Toronto’s population age 15 and older has
attained a bachelor’s degree, well ahead of the 22.5
percent in all of Canada.
Higher educational attainment supports Toronto’s
median household income of $81,500, which compares
favorably to the national figure of $71,700. Incomes in
the GTA are expected to rise through 2019. Higher
incomes have allowed 70 percent of area residents to
afford to own their own homes.
* Forecast
TORONTO

OFFERING MEMORANDUM
539-541Rogers Road
TORONTO, ON
The information contained in the market overview comes from sources deemed to be reliable, however, no representation, warranty or guarantee, express or
implied, may be made as to the accuracy or reliability of the information contained herein. The most timely data available at time of production, including
estimates and forecasts, were used and may be subject to revision.
Quality Of Life
Toronto offers a multitude of recreational and cultural
opportunities. In the summertime, one may stroll the
shores of Lake Ontario or take advantage of the region’s
numerous islands and parks. The nearby Scarborough
Bluffs offer striking outdoor geological formations.
During colder months, a variety of ski resorts within a
few hours drive of Toronto provide many winter sport
options. Regardless of the time of year, sports
enthusiasts will find a wide diversity of athletic
entertainment. Toronto boasts seven professional sports
teams, representing six different sports. The Hockey
Hall of Fame is also located in Toronto.
The city of Toronto offers an impressive array of
cultural activities. The Toronto Symphony Orchestra
and Canadian Opera Company are both based out of
Toronto, and live performances can also be found at the
Famous People Players Dinner Theatre, the Princess of
Wales Theatre, the Royal Conservatory of Music,
among other locations. In addition, the Greater
Toronto Area also hosts a wide network of museums
and art galleries, including the Art Gallery of Ontario
(AGO) and the Royal Ontario Museum (ROM).
The Toronto Zoo and Ripley’s Aquarium of Canada are
located in the city of Toronto and provide
entertainment options for children. The Centreville
Amusement Park on Centre Island also makes an ideal
destination. Other notable Toronto attractions include
the CN Tower, Rogers Center and the Toronto
International Film Festival (TIFF).
* Greater Toronto Area
Sources: Marcus & Millichap Research Services, Environics,
Statistics Canada
TORONTO

TORONTO, ON
539-541Rogers Road
OFFERING MEMORANDUM
Offices Throughout the U.S. and Canada
www.MarcusMillichap.com
Anthony Martino
Sales Representative
Associate
Toronto Office
Marcus & Millichap, Brokerage
License: Ontario: 4738588
Tel: (416) 585-4646
Fax: (416) 585-4645
Anthony.Martino@marcusmillichap.com
www.marcusmillichap.com/AnthonyMartino

539-541 Rogers Rd (Offering Memorandum)

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