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1589 Richmond Street, London ON

1589 Richmond Street | London | ON | N6G 2M8 Back to Properties


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Confidentiality Agreement

Confidentiality agreement sub heading

I have read and agree to the Confidentiality Agreement

Agreement

Confidentiality Agreement – Commercial
Form 560 for use in the Province of Ontario

BETWEEN: ….STRONGHOLD REAL ESTATE INC., BROKERAGE….. (the Confidential Information “Provider”) (Seller/Buyer/Landlord/Tenant/Brokerage)
AND (the Confidential Information “Recipient”) (Seller/Buyer/Landlord/Tenant/Brokerage/Advisor/(Other))
CONCERNING: confidential or proprietary information described as:….Relevant reports and files regarding the property……………….(the “Con”dential Information”) to be provided to the Recipient upon execution of this Agreement; FOR THE PROPERTY KNOWN AS: (This section is optional if the Property is not to be identified until after execution of this Agreement)……………1589 Richmond Street……..(the “Property”)

DEFINITIONS AND INTERPRETATIONS: For the purposes of this Confidentiality Agreement, “Provider” includes the employees and principals of the Provider and “Recipient” includes the employees and principals of the Recipient, the employees, agents, advisors, consultants and lenders of the Recipient’s principal and the parties specifically authorized under this Agreement to receive the Confidential Information. “Confidential Information” includes written, electronic and verbal information designated in this Agreement as confidential or proprietary.

TERMS: In consideration of receiving the Confidential Information from the Provider, the Recipient agrees to hold and treat the Confidential Information in the strictest confidence and agrees not to disclose the Confidential Information to any party who has not been authorized under this Agreement to receive the Confidential Information. This Agreement authorizes the Recipient to share the Confidential Information with the signee.

The Confidential Information is provided for the sole and limited use by the Recipient, including the parties specifically authorized under this Agreement to receive the Confidential Information. If the Recipient intends to disclose any or all of the Confidential Information to any other party who is not authorized under this Agreement to receive the Confidential Information, the Recipient agrees to enter into a Confidentiality Agreement with the other party on the same terms and conditions as included herein and obtain the Provider’s written authority prior to releasing the Confidential Information to the other party.

The Recipient shall be liable to the Provider for any non-compliance of this Confidentiality Agreement by the Recipient and for any disclosure of the Confidential Information by any other party who has received the Confidential Information from the Recipient.

The Recipient agrees to make all inquiries and communications concerning the Confidential Information and the Property through the Provider. The Recipient
agrees not to contact anyone other than the Provider for additional information about the Property, including employees, tenants, business contacts, suppliers, government agencies, etc., or to inspect the Property, without the prior written consent of the Provider.

If the Recipient is no longer interested in continuing negotiations for the Property or completing a transaction with the Provider, the Recipient agrees to return
all written Confidential Information to the Provider and to destroy any written and electronic copies in the Recipient’s possession.

The Recipient agrees that any investigations of the Property are at the sole risk and expense of the Recipient and the Provider will not be liable for any costs
related to such investigations or due diligence without the express written authorization from the Provider.

The Provider is not liable for the accuracy or completeness of the Confidential Information and is not liable in any way to the Recipient as a result of
providing the Confidential Information to the Recipient.

Any liability or dispute arising out of this Confidentiality Agreement, or any non-compliance with this Agreement shall be subject to and governed by the
laws of the Province of Ontario, Canada.

The Recipient executing this Agreement agrees to inform any Recipient of the Confidential Information that the information is confidential.

PRIVACY: Each of the Provider and Recipient represent and warrant to the other that each has complied with the provisions of the Personal Information
Protection and Electronic Documents Act and will continue to do so and, if required, each will provide an authorized contact to the other for matters
concerning personal information

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Property Highlights

  • A rare opportunity to purchase the last great Masonville infill site. Perfect for student housing, seniors or luxury condos, this piece is walking distance to Masonville Place, Western University and University Hospital. Please read and digitally sign Confidentiality Agreement to view reports and other relevant documents pertaining to the property.

Property Details

  • Price: $ 8,632,000
  • Transaction Type: For Sale
  • Property Type: Land, Multifamily, Residential
  • Lot Size: 1.36 AC
  • Availability: Available
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Financial Summary

Investment Highlights

Price $8,632,000.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $8,632,000.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00