Senior Vice President, Retail

Russell Godwin

• The property is shadow anchored to the west side by the Heritage Grove Centre with tenants such as Sobeys [Freshco], PetSmart, Winners/HomeSense, Dollar Tree, Michael’s, Princess Auto, Value Village, and Mark’s Work Wearhouse [late 2026/early 2027].• Zoned: C2 (Retail Commercial) for Retail Stores, Grocery Store, Convenience Stores, Financial Institutions, Hotels, Personal Service, Restaurants, Restaurants Drive-Thru, Veterinarian Clinics and more!• Leasable units’ range in size from ~ 1,200 sf to 20,000 SF with drive-thru opportunities;• Possession is estimated to be late Q1-2027.• Residential growth of ~2,000 homes just south and west of property is planned to commence construction in early 2026.• Owen Sound is growing with Bruce Power’s forty-year life extension program and the, ~ 190,000 patient/visitors to the Owen Sound Hospital.• Parking: 163 spaces.• Traffic Count (AADT): 11,063 vehicles• New High School abutting the property to open 2028

Property Highlights

• RESTAURANT DRIVE-THRU: $55.00 PSF• NON-FOOD/COMMERCIAL USES: $45.00 PSF• RESTAURANT SIT DOWN: $50.00 PSF• ADDITIONAL RENT: $14.00 PSF [2027 ESTIMATE]

Property Details

2275 16th Street East

Toronto

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2275 16th Street East

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