Public Notice

NOTICE is hereby given that in accordance with the City of Toronto's real estate disposal By-law, on July 7, 2022, the long-term leasehold interest in the City-owned lands at 123 Queen Street West, being the whole of PIN 21403-0005 (LT), was declared surplus. The long-term leasehold interest has a total area of approximately 12,508.56 m2 (134,641.0 ft2)/(3.091 acres) (1.25 hectares). The City proposes that the intended manner of disposal is to be by way of entering in to a ground lease amendment and extension agreement with BSREP II Hospitality Toronto GP Inc., in its capacity as general partner of BSREP II Hospitality Toronto L.P.

The following City official has information about the proposed disposition: Mr. Mike Saffran, Tel: 416-392-7205, Metro Hall, 55 John Street, 2nd floor, Toronto, Ontario M5V 3C6. Enquiries may be made of the said official until the July 28th, 2022.