On behalf of Grant Thornton Limited, in its capacity as Receiver (the “Receiver” or the “Vendor”) for the property located at 78Tisdale Avenue (the “Property” or “Site”), Colliers MacaulayNicolls Inc. (the “Advisor”) has been retained on an exclusive basis to arrange the sale of the Property. 78 Tisdale is an approved, townhouse redevelopment site located near the intersection of Victoria Park Avenue and Eglinton Avenue East. This development project has received zoning by-law amendment (ZBA) approval for the construction of six townhouse blocks comprising a total of 52 residential units and up to 75,350 square feet of gross floor area (GFA). A complete rendering for a townhouse community of 93 residential units over 92,603 SF has been completed by RAW Architects and is likely to be fully approved based on talks with the city in 2025. Previously, this development project has received zoning by-law amendment (ZBA) approval for the construction of six townhouse buildings comprising a total of 52 residential units and up to 75,350 square feet of gross floor area (GFA). The Property benefits from its strategic location with a 5 minute drive to the Don Valley Parkway and close proximity to the upcoming Eglinton Crosstown LRT, making it highly accessible to downtown and surrounding neighborhoods.