February 24, 1999
To:Corporate Services Committee
From:Commissioner of Corporate Services
Subject:2829, 2831 and 2833 Dufferin Street - Proposed Closure and Sale of a Lane and 0.3 Metre Reserve, Registered
Plan 2988 (See Appendices A, B and C) attached)
(Ward 8 - North York Spadina)
Purpose:
To obtain Council approval for the sale of the subject property to the abutting property owner at 2829, 2831 and 2833
Dufferin Street.
Financial Implications:
The sale of the subject property will generate funds in the amount of $28,800.00.
Recommendations:
It is recommended that:
- the City accept the Offer to Purchase for the subject property made by the abutting property owner, 1145666 Ontario
Inc., for the appraised value of $28,800.00;
- the City Solicitor be authorized to complete this transaction according to the terms and conditions of the Offer to
Purchase and pay any expenses incurred by the City incidental to the closing of the transaction or otherwise; and
- the appropriate City officials be authorized to take whatever action is necessary.
Background:
The subject lane was laid out as a public highway on Plan 2988 registered on July 10, 1940. It is currently not maintained
by the City and does not provide a municipal function. The abutting property owner has exclusive use of it for vehicular
access and parking in conjunction with its auto body shop at the southeast corner of Dufferin Street and Hillmount Avenue.
From a visual perspective, the lane and the purchaser's abutting properties, appear to be one contiguous commercial
holding. However, legally there are two commercial sites separated by the subject lane.
On July 9, 1997, the Council of the former City of North York considered a report from the Transportation Committee
recommending the closure and disposal of the subject lane and 0.3 metre reserve located at its south limit.
Pursuant to the above, staff entered into negotiations with the abutting property owner for the sale of the subject lane and
0.3 metre reserve and agreement has now been reached. The financial consideration is $28,800.00 and is based on the
appraised value according to an independent appraisal prepared by Fish Marks Consulting for the City and the details of the
sale are:
Purchaser:1145666 Ontario Inc.
Size:Frontage6.09 metres(20 feet)
Depth36.57 metres(120 feet)
Area:222.96 square metres(2,400 square feet)
Zoning:To assume a commercial zoning upon lane closure C1(70) and C1 (71)
C1(70) - In addition to the uses permitted in a C1 zone, a motor vehicle body repair shop is also permitted.
C1(71) - A parking area and a parking lot are the only permitted uses.
Closing Date:The date of completion of this agreement shall be on or before 90 days after the by-law authorizing the
sale of the subject section of the closed road allowance becomes final and binding. Such completion shall be confirmed by
the respective parties' solicitors following registration of the by-law.
Solicitor:Samy Ouanounou, 6400 Yonge Street, Centerpoint Mall, North York, Ontario, M2M 3X4 (416-222-3434)
Easements:Nil
Conclusion:
Completion of this transaction detailed above is considered fair and reasonable and reflective of market value.
Contact Name:
Wayne O'Brien, Telephone: 392-1167, Fax: 392-1880, E-mail: wobrien@toronto.ca (cs99017.wpd)
Margaret Rodrigues
Commissioner of Corporate Services
Attachments