TD Cornerstone Commercial Realty Inc. (the “Advisor”) is pleased to offer for sale a 100% freehold interest in The Diplomats (the “Property” or “Offering”) on behalf of 1213763 Ontario Inc. (the “Vendor”), an exceptional investment opportunity comprising of two purpose-built rental apartment towers totalling 203-units, directly on Lake Ontario, located at 5166 & 5170 Lakeshore Road, Burlington, Ontario. Built in 1970 on 5.67-acres, the two 10-storey towers feature spacious and efficient suite layouts with high quality finishes and a wide range of amenities including a lakeside terrace featuring exceptional views of Lake Ontario, outdoor pool overlooking the lake, fitness facility, sauna, lockers, underground parking, and a multipurpose lounge equipped with a full kitchen. The Property comprises 203 purpose-built apartment units with a generous average unit size of 1,056 square feet (“SF”), a total rentable area of 214,412 SF, 104 parking stalls at surface and an underground parking garage containing 190 parking stalls for a total of 294 parking stalls. The Diplomats presents an opportunity for investors to capitalize on considerable upside via unlocking market rents, which can be achieved through five separate pillars of value creation. These five pillars comprise of the rebranding and repositioning of The Diplomats, the improvement of lobbies, common areas, and amenities, the continuation and expansion of management’s in-suite renovation program, incremental land intensification, and the implementation of energy saving initiatives.Located directly on Lake Ontario, off of Lakeshore Road, The Diplomats is a premier waterfront community ,with exceptional connectivity within Burlington and the Greater Toronto Area. The Property’s proximity to downtown Burlington, major employment areas, and scenic destinations such as Burloak Waterfont Park, Blue Beach, and Cootes Paradise make The Diplomats an exceptional waterfront community. On behalf of the Vendor, the Advisor is seeking expressions of interest from qualified parties on the basis of the information included within the Confidential Information Memorandum, property tours, and the electronic data room. Please contact a member of the advisory team with any inquiries or tour requests.