| GTA Market |
Inventory
(Million SF) |
Availability
Rate (%)
| 1Q11 Absorption
(SF 000s) |
Asking Net
Rental Rate
($ psf) |
Sale Price
($ psf) |
| West |
292.6 | 6.9% | 923.1 | $4.79 | $78.56 |
| Central |
274.2 | 5.4% | -687.8 | $4.20 | $75.15 |
| North |
122.1 | 7.5% | 877.0 | $4.92 | $88.61 |
| East |
49.5 | 6.0% | 138.1 | $4.28 | $66.64 |
| Total |
738.4 | 6.4% | 1,250.50 | $4.59 | $78.68 |
Although Leaside continues to be one of the stronger GTA markets with traditionally low vacancy rates, several
large properties have or are expected to come on the market before the end of 2011. 210 Wicksteed Drive is now
officially available for sale or lease (175,000 sq ft). Several other notable properties available include 2 Laird Drive
(Canada Post facility), 1 William Morgan (office building for sale), 30 Commercial Road (office building for sale)
and several industrial units on Esandar Drive for lease. Please see map attached for availabilities.
Please visit our website at www.cbre.ca for more detailed market information, or feel free to call Carol Trattner
directly at 416-495-6253.
Industrial East York *Statistical Summary First Quarter 2011
| Total Inventory (SF) | 7,970,140 |
| Total Available (SF) | 336,409 |
| % Available | 4.2% |
| Absorption Qtr. | -175,000 |
| Absorption YTD | -175,000 |
| Under Construction (SF) | 0 |
| Average Asking Net Lease Rate (psf/annum) | $3.88 |
| Average Asking Sale Price (psf) | $47.57 |
| Annual Realty Taxes ($/psf) | $1.77 |
| TMI ($/psf) | N/A |
| Available for Lease (SF) | 306,200 |
| Available for Sale (SF) | 218,409 |
| Average Land Price ($/AC) | $800,000 |
| * Includes Leaside, Overlea and O'Connor areas |
Leaside Availabilities Interactive Map
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