Commercial Investor - 27 Feb., 2016 by NextHome

Feb 27 - Mar 26, 2016, Volume 16 Issue 02

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! ORANGEVILLE 31-SUITE APARTMENT BUILDING $2,690,000

0916_DJW_0023

BRAND NEW COMMERCIAL CONDOS

Branthaven Homes presents Jazz Condos. 1110 sqft. and up commercial condos in a brand new mixed use development on busy Plains Rd. E. in Burlington. Many uses allowed including Retail and Office. Plenty of parking, easy access, and just minutes to the 403/QEW. Occupancy available fall 2016. Call Nick and Nic for further details.

Nicholas Kazan, Broker | Nicolas Von Bredow, Broker Royal LePage Macro Realty, Brokerage Independently Owned and Operated

Tel: 905-574-3038 1-888-751-2229

Well kept unique 4 storey, brick and stucco apartment building, with elevator. The building was previously a historic church built in 1891. It was completely gutted inside and renovated in 1986. Features: 11 Bachelor, 17 – 1-bedroom and 3 – 2-bedroom suites; controlled entry; electric baseboard heating; one gas hot-water tank 2014, (owned); all bathrooms equipped with grab bars; new roof in September 2005; new carpet in all corridors October 2005. Excellent downtown location. Seldom a vacancy – currectly no vacancy.

FOR MARKETING BROCHURE CALL: Winston Davies, Broker of Record

WinCorp Realty Inc., Real Estate Brokerage, 45 Keats Crescent, Guelph, ON N1G 3B1 Tel: 519-836-2080 Fax: 519-836-2081 Email: wjmdavies@rogers.com

Brokers Information Listing Service

ICIWorld.com iciworld.mobi Add It To Your Home Screen Or Add The ICIWorld App

FREE SUBSCRIPTION!

• 5.5% CAP RATE • SPRING VALLEY MANOR • 1600 PELHAM STREET, FONTHILL A rare investment opportunity nestled in the residential community and rolling hills of Fonthill. The complex has been part of the Owner’s portfolio since 1964 and he is now retiring. The property shows pride in ownership with the hands on Owner’s meticulous and immaculate maintenance. On the ±4.82 acre site are two buildings. Building A with 34 units is a retrofit and Building B with 36 units was built in 1972. A stone wall with signage creates an impressive entrance to the complex and there is ample parking for both Tenants and Visitors. The scenic ravine and pond creates a quiet ambiance for the Tenants. The complex enjoys virtually 100% occupancy with some long term Tenants for 20 to 30 years.

OFFERED BY DOUGLAS MCNAUGHTON, SALES REPRESENTATIVE, ROYAL LEPAGE NIAGARA REAL ESTATE CENTRE, BROKERAGE 289 213 8886

Get The Commercial Investor delivered directly to your door! See inside for details

FC_0916 (COM)

30,000+, Haves & Wants, 75% Exclusive Results in 60 seconds on your phone

0916_DJW_0035

-214-487 6 5 41

INVESTMENT OPPORTUNITY FOR SALE $6.0M

ATTEND OUR FREE STEP-BY-STEP SEMINAR TO START CREATING GENERATIONAL WEALTH

Learn The KI to Success through real estate investing.

Next Seminars Next Seminar March 5, 2016 10 am - 5, 11:30 am March 2016 10 am10, - 12 pm March 2016 7 pm - 8:30 pm 11305825_0916

BOOMING AREA BOOMINGKITCHENER/WATERLOO KITCHENER/WATERLOO AREA PRICES FOR FOR INVESTMENTS PRICES INVESTMENTS$199,900 $196,900 25% R.O.I. R.O.I. (RETURN 25% (RETURN ON ON INVESTMENT) INVESTMENT) Attend and receive a free signed copy of “The Ki to Success”. For more information or to register please contact: info@thekitosuccess.com

“Knowledge is Power.”

Kirin Singh

Broker, Author of the KI to Success D: 647 834 0122 www.thekisuccess.com Cityscape Real Estate Ltd., Brokerage 25 Watline Ave, Mississauga ON L4Z 2Z1 Tel: 905 241 2222

SOUTHWESTERN ONTARIO INVESTMENT TEAM

SOUTHWESTERN ONTARIO ONTA T RIO INVESTMENT TEAM TA INVESTMENT OPPORTUNITIES Investment Opportunities Development Land Opportunity Brantford, ON

Single Tenant Net Leased Office Investment Cambridge, ON

• • • •

100% leased to class tenant Lease term: 7 years of term remaining Rent escalations throught the term Asking $7,500,000

Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com

Martin Cote* 519 340 2317 martin.cote@cbre.com

• 9.01 Acres • C10-6 (Community Centre Commercial) Zoning • Asking $5,500,000 ($610,432/acre)

Martin Cote* 519 340 2317 martin.cote@cbre.com

Commercial Development Land London, ON

• • • •

26.4 Acres total; will demise into smaller sites Zoned CSA5 (3) Community Shopping Area $525,000/acre for Wharncliffe Rd. frontage $375,000/acre for interior parcels

David Yanoshita* 519 286 2020 david.yanoshita@cbre.com

David Cousins* 519 286 2006 david.cousins@cbre.com

Multi-Tenant Building For Sale Kitchener, ON

Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com

44 Acres Near future East Boundary Road Currently under municipal planning study Asking $3,900,000

Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com

Todd Cooney** 519 340 2315 todd.cooney@cbre.com

Brook Handysides* 519 946 3030 brook.handysides@cbre.com

Waterloo Region 101 Frederick Street, Suite 810 N2H 6R2 T 519 744 4900 F 519 571 9315

± 32,564 sq. ft. on ± 3 Acres M-1 General Industrial zoning Possible ± 10,000 sq. ft. expansion available Asking $1,925,000

Michael Black* 519 340 2313 michael.black@cbre.com

East London Investment Opportunity London, ON

• Mixed use retail and residential • Located on Dundas, near Adelaide Street retail tenant & two 2nd • Cash 4 You ground apartments

Residential Development Land Mount Brydges, ON

Medical Office Campus, Shoppers Drug Mart Windsor, ON

• 5 buildings totaling 219,741 SF, 14.3 acres • SDM comprises 50% of the existing in-place rental income • Tenants: CIBC, ListenUP!, 60 Medical Providers

London 380 Wellington Street, Suite 30 N6A 5B5 T 519 673 6444 F 519 673 6948

• • • •

Tim Schnurr* 519 286 2018 tim.schnurr@cbre.com

• 7,800 sq. ft. For Sale on 0.49 acres • Zoning: M-3 • Asking $1,595,000

Michael Black* 519 340 2313 michael.black@cbre.com

Freestanding Industrial building St. Jacobs, ON

Future Development Land Cambridge, ON

• • • •

11284449_0516

Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com

Windsor 3200 Deziel Drive, Suite 110 N8W 5K8 T 519 252 4095 F 519 252 7554

• • • •

± 45.6 Acres mostly cleared site Excellent Full municipal services available Asking $2,000,000

Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com

* Sales Representative ** Broker

www.cbre.ca

This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services canadamapping@cbre.com; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth

COM

COMMERCIAL OPPORTUNITIES (519) 438-5588

9441 Union Road - Southwold, ON

3 Neighbouring Properties

460 York Street - London, ON

Total of 191 Acres: Includes:- 2 outbuildings - 5,000 sf total,1 farmhouse - 5 bdrm, 2.5 bath, rented on a month-to-month basis Cell tower at SW corner of property with income also included ASKING $1,550,000

Multi property income package. Price includes 3 parcels to be sold together in St. Thomas, ON Self storage units, 8 plex multi-unit residential, Side split duplex 10% return with stable income stream ASKING $875,000

David Jongerden Sales Representative Extension #242

Gary Pollock Broker Extension #222

SIX FARMS AVAILABLE - Sarnia Six farms are available in the Sarnia area Ranging from 32 acres up to 600 acres Priced from $11,000 / acre Contact Kenn Poore for additional details on these properties contact agent for pricing

Kenn Poore Broker Extension #224

Philip Cassis Broker Extension #231

844 Willow Drive - London, ON

1,115 square feet Lot size: 95.5 ft x 198 ft - approximately 0.42 acres 7 parking spaces Kitchenette included, to be built ASKING $369,000 LEASE RATE $2,200 / mo

Jameson Lake Sales Representative Extension #240

802 Exeter Road - London, ON

3,000 square foot Retail Building Half acre lot Zoned BDC - Business District Commercial Taxes $10,504 (2015) Current tenants are on month-month leases ASKING $495,000

Gary Pollock Broker Extension #222

POWER OF SALE Building size approximately 6,500 sq.ft. Lot size 0.933 acres Building & Land to be sold ‘AS-IS’ ASKING $899,000

Andrew Johnson Sales Representative Extension #230

1131 Gainsborough Rd - London, ON

35 car parking Currently leased to Hertz Rent-a-Car Zoned RSC2,4 ASKING $495,000

50 Charterhouse Cres - London, ON

Industrial Land Opportunity Approx. 9.5 acres near the corner of Veterans Memorial Parkway / River Road - London, ON Zoned H*LI2 Convenient access to highway 401 ASKING $1,000,000

Brent Rudell Broker of Record Extension #236

Andrew Johnson Sales Representative Extension #230

Two Buildings on Site - total of 53,050 sq.ft. Front Building - 23,570 sf with 4 units Site area total of 3.05 acres of land Zoned Light Industrail 1, 3, 7 ASKING $1,995,000

Tyler Desjardine Sales Representative Extension #232

www.dtzlondon.com

DTZ Barnicke London Windsor Sarnia Ltd., Real Estate Brokerage, Independently Owned & Operated DTZ Copyright 2016. The information contained herein was lawfully obtained from sources we consider reliable. DTZ is not responsible and expressly disclaims all liability, for errors, omissions, prior sales, withdrawal from the market or change in price. Seller (or Lessor, as the case may be) and broker make no representation as to the environmental condition of the property and recommend Purchaser’s (or Lessee’s) independent investigation.

COM

11266917_0916

Philip Cassis Broker Extension #231

3,000 square foot automotive building

TORONTO

NIAGARA LU X LA URIO RG E A US & PT S

A SC hood UP r ou hb g i Ne

• Asking $2,850,000 • Asking $570, 000 per Suite • Located in Toronto Community Known as “The Beaches” • Four of the Five Suites are Well Over 1,000 Square Feet • Excellent Tenant Profile • Property is Full of

• 2 x Two Bedrooms 3 x Three Bedrooms • Potential Upside on Some Rents on the Turnover • Suite Upgrades Include Some New Kitchens, Flooring and Bathrooms • 4.0% CAP Rate

Character and Very Appealing to Tenants

• Treat Financing as Clear

T EN n LL CE ructio X E t ns Co

• Near City of Niagara Falls Municipal Offices and

ea t Mi Suite x

• 12 x One Bedrooms

• Solid, Purpose-Built 3 Storey walk-up (Brick and Concrete)

• Parking Lot Being

and Kitchen Countertops

• Approx. 85% of All Units

to Arrange Own Financing

TR E CL AT A EA S R

ICE PR CED DU E R

• 2 x One Bedrooms 9 x Two Bedrooms

• Located at End of Quiet

• Tidy 12 Plex with On-Site

1 x Three Bedrooms

Cul-de-Sac

Investment Property Lighting Replaced • 5.5% CAP Rat

Superintendant

• Good Size Apartment

• Located in a Quiet

Units

Residential

• Located in Proximity to

Neighbourhood • Electric Baseboard

Shopping, Schools and Parks

Heating System • Nice Size Lot 133 Feet x

Re-Surfaced; All Railings

• 11.7% R.O.I.

137 Feet with Ample

Sanded and Painted

• Treat Mortgage as Clear!

Paved Parking Area

23 SUITES

Have Updated Electrical and Plumbing

• 27.0% R.O.I. • Treat Clear. Purchaser to Arrange

12 SUITES

9 x One Bedrooms 9 x Two Bedrooms • Lots of Useable Vacant

• Most Kitchens and Bathrooms Updated • Professionally Managed and Landscaped • Tenants Pay Their Own Hydro

Space in the Lower Level • 6.1 % CAP Rate • 29.3% R.O.I. • Treat Financing as Clear

• Brick Balconies

21 SUITES

• Asking $95,750 per Suite

• Many Units Have New Flooring • All Hallway and Exterior

• All Balconey Slabs

34 x Two Bedrooms

BELLEVILLE

• Asking $1,149,000

• 3 x Bachelor

• Asking $80,905 per Suite

• Treat as Clear. Purchaser

Resurfaced by Owner

• Asking $1,699,000

22 x One Bedrooms

11 x Two Bedrooms

• Recent Upgrades Include New • Well Maintained & Managed Ceramic Flooring in Hallways

1 x Bachelor

U PO PSID TE NT E IAL !

EO SID UP TURN

57 SUITES

• Asking $65,000 per Suite

•

• Walking Distance to Via Located in Downtown Area Rail Station • Built and Owned in 1983 by the Same Family • Well Constructed • 4 Units Being Fully Concrete Building Renovated • 5.7% CAP Rate • New Elevator Being • 13.7% R.O.I Installed by Owner

TILLSONBURG

• Asking $1,495,000

EA TS MI UIT X E

• Asking $5,075,000 • Asking $89,035 per Suite

5 SUITES

lid n So ctio tru ns

HAMILTON

NIAGARA MA

L IN OW BU TENA ILD NC ING E

ID PS

• Asking $895,000 • Asking $89,500 per Suite • Access to Public Transit and Various Consumer Amenities within a Short Distance • Potential Upside on Current Rents • 8 of 10 Tenants Pay Their Own Hydro • Potential to Add Additional Apartments • Large Bedrooms in All Two Bedroom Apartments

• 2 x Bachelor 8 x Two Bedrooms • Building May Require Additional Capital and Upgrading in Order to Maximize its Potential • 5.4% CAP Rate • 14.3% R.O.I. • Treat Financing as Clear • Contact Dani Pizzoferrato for More Details

10 SUITES 8172756_0916

COM

58 CARDILL CRESCENT, WATERLOO

4210 KING STREET EAST, KITCHENER

540 BINGEMANS CENTRE DRIVE, KITCHENER

• 36 units (175 bedrooms) • Located within walking distance of two universities • Built in 2014 - Leased • Covered parking • Controlled access • Asking Price $15,750,000 • MLS

• 30,559 sq. ft. single tenant building • Additional 30,000 sq. ft. can be built • Bright nicely finished office space • Plenty of on site parking • Excellent location within minutes of Hwys 8 & 401 • Asking lease rate $20.00/sq. ft. net net net • MLS

• 22,500 sq. ft. high profile office building to be constructed • Two floors of 11,250 sq. ft. each • Possible build to suit for single tenant • Ready for occupancy in 2017 • Asking lease rate $20.00/sq. ft. net net net • MLS

0916_DJW_0006

0916_DJW_0007

519.578.0337

0916_DJW_0008

RYAN BRIGGS

NEIL A. KOEBEL, AACI, P.APP

Sales Representative

11305631_0916

KITCHENER, ONTARIO

Broker of Record/Appraiser

CELL: 519.498.5775

Ryan@cmarealty.ca

CELL: 519.741.6594

Neil@cmarealty.ca

247 CENTENNIAL PARKWAY N., HAMILTON

QEW & CENTENNIAL PARKWAY 45 GODERICH

OFFICE SPACE

COMMERCIAL/RETAIL/ OFFICE SPACE

OFFICE SPACE

Close to The Court House, City Hall and McMaster, Available Immediately Downtown office space from 107 sq. ft to 1548 sq. ft. From $200/month + HST

For Lease - 4150 sq. ft. - from $7.50 per sq. ft. Close to QEW, Red Hill Parkway & major bus routes.

Available Immediately 4223 sq. ft. Gross Rent Monthly – $5,300 Plenty of parking and signage. Easy access to QEW

8 MAIN ST. E., HAMILTON

1715_DJW_2_0029

1715_DJW_1_0028

1715_DJW_1_7007

E-mail:

info@desantis.com

www.desantis.com 6G

COM

8148088_0916

Tony DeSantis

905-777-0252 ext 304

0916_DJW_1_0034

• 5 acres of C-6 zoned land across from Conestoga College • Zoning allows many commercial, retail, restaurant, office and accommodation uses • Highway exposure • Located within seconds of Highway 401 • Call Duncan McLean

• HD sprinkler system for Class IV commodities • 50 Harwill Road • Call Paul Goulet

28 WEBER ST W, KITCHENER

$849,900 $849,900

0916_DJW_1_0028

$995,000 $995,000

0916_DJW_1_0029

159 ERB ST W, WATERLOO

• Four properties on 0.58 of an acre. • Zoned MR-6. • Architectural concept drawings for a 6 storey, 30 Unit condominium building with 1 level of underground parking. • Call Ryan Briggs

• Attractive brick building with offices on main & 2nd floor plus 2 bedroom apartment in loft. • Great exposure with 19,630 AADT (2014).

• Land & Building only • Call Ryan Briggs

$599,900 $599,900

• Charming Century Home situated on 2.73 acres of land 5 minutes South of the Town of Fergus and 10 Minutes from Guelph

• Includes a 1 Bedroom accessory apartment, 3,000sf detached workshop, solar panels & FIT contract. • Call Ryan Briggs

1305-1309 KING ST E, CAMBRIDGE $499,900

640 KING ST E, CAMBRIDGE

• Live and work in a gracious home in Downtown Kitchener • Close to transit, shopping & entertainment • 1,400 sq. ft. professional office on main floor - 600 sq. ft. apartment on upper level • CR-3 zoning allows for many medical, personal and office users. • Call Ryan Briggs

1165 FRANKLIN ST. CAMBRIDGE $11.95/SF

51 WOODLAWN RD W, GUELPH

519.578.0337

CELL:

55 DELHI ST, GUELPH

• CAM $4.80/sq.ft. • Great location close to Highway 401 • Call Chris McFarlane

FROM $10.95/SF

0916_DJW_1_0053

• 1,114 sq ft unit with Drive-In door • Great exposure close to Walmart, Home Depot, Canadian Tire, etc. • $11.95/sf rent plus CAM $6.95/sf • Call Ryan Briggs or Duncan McLean

$14-$18/SF

• Retail units and Pad Site available from 1,033 - 12,634 sf • On Bus Route and Highway 7/85 • Great neighbourhood mall with 22,945 AADT (2014) • Join Valumart, CIBC, Dollarama and many more • Call Duncan McLean

KITCHENER, ONTARIO

• Freestanding building with drive through • Plenty of onsite parking • C-2 zoning allows many retail and office uses

$11.95/SF $11.95/SF

0916_DJW_1_0058

0916_DJW_2_0029

• 0.96 acre Pad Site close to Highway 6 • $8.50/sf CAM for existing building • Potential for redevelopment • Zoned SC-1, ideal for restaurant or bank • Call Duncan McLean or Ryan Briggs

FREDERICK MALL, KITCHENER

$12.00/SF

0916_DJW_1_0030

300 SHEPPARD AVE. CAMBRIDGE

0916_DJW_1_0032

0916_DJW_1_0057

$12.95/SF

$429,900

• Quality 1140 sq ft store • Separate street frontage entrance for 1040 sq ft 2nd floor apartment • Lovely building on King St E in Preston with income and development potential. • Zoned C1RM2 • Call Duncan McLean

• Three stone-faced townhomes • Tons of re-development opportunity in this large downtown Preston corner lot. • No heritage designation • RM3 residential zone, multi-residential • Call Duncan McLean

FROM $16/SF 107 YOUNG ST, KITCHENER 735 WOOLWICHLEASE ST, GUELPH $20.00/SF

• 3,000 sq ft. office unit • High profile building • Close to transit & Highway • CAM $5.27/sf • Call Chris McFarlane

$799,900 or $20.00/SF

• Freestanding commercial building in busy commercial node • Adjacent to Canadian Tire Development in South Cambridge • Close to Franklin and Dundas intersection • 3039 sf building with ample parking • Call Duncan McLean

0916_DJW_0009

0916_DJW_1_0156

8372 SIDEROAD 30, FERGUS

• Walk to downtown, new provincial courthouse, entertainment, shopping and parks. • Call Ryan Briggs

0916_DJW_0010

• 3,200 sq. ft. auto garage • 84 ft frontage on 0.22 acre • 3 bays plus ample parking • MR-6 Zoning close to Uptown Waterloo

85 DUNDAS ST N, CAMBRIDGE 0916_DJW_1_0014

• 88,000 square feet • 20 foot clear height • 40 x 40 column bays • 8 insulated dock leveller doors

146-154 ERB ST W, WATERLOO$1,699,000 $1,699,000

• 1910 Georgian Revival architecture, completely renovated with elevator • Located directly beside Guelph General Hospital • On bus route

• 12,494 sf inc. basement • 25 parking spaces • Lease from $10.95/sf • Call Duncan McLean or Ryan Briggs

$14.35/SF GROSS

#2 - 490 WEBER ST N, WATERLOO • 4,600 sf showroom with work and office space • Excellent parking and terrific visibility • Lease rate includes CAM just pay utilities • Sublease to March 31st, 2018 or longer term with landlord's approval

• Convenient for Highway 85 access • Call Duncan McLean

RYAN BRIGGS

DUNCAN MCLEAN

CHRIS McFARLANE

PAUL GOULET

Sales Representative

519.498.5775

Ryan@cmarealty.ca

CELL:

519.590.7997

Duncan@cmarealty.ca

CELL:

519.588.6683

Chris@cmarealty.ca

CELL:

11280798_0916

0916_DJW_1_0009

49 CONESTOGA COLLEGE BLVD, KITCHENER$3.975M $3.975M

0916_DJW_1_6666

$4M $4M

INDUSTRIAL, ST THOMAS

519.878.0223

p.goulet@bellnet.ca 7G

COM

SOUTHWESTERN ONTARIO INVESTMENT TEAM

SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities Rare Sale Lease Back Opportunity Goderich, Sarnia, London, ON

Industrial Investment Opportunity Brantford, ON

• 3 Single tenant industrial buildings • Located in Goderich, Sarnia, and London • Asking $3,400,000

• • • •

86,106 sq. ft. on 8.04 acres Fully leased to a single tenant Excess land for expansion or outside storage Asking $2,950,000

Tim Schnurr* 519 286 2018 tim.schnurr@cbre.com

Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com

Chatham, ON

• • • •

26,613 sq. ft. medical office space Excellent healthcare services tenant mix Close to Chatham/Kent General Hospital Asking $3,100,000 ($116 psf)

Brook Handysides* 519 946 3030 brook.handysides@cbre.com

Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com

20.3 Acres Excellent ‘shovel-ready’ commercial arterial site Zoned Restricted Service Commercial RSC 1-6 Asking $10,150,000

David Yanoshita* 519 286 2020 david.yanoshita@cbre.com

London 380 Wellington Street, Suite 30 N6A 5B5 T 519 673 6444 F 519 673 6948

Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com

• • • •

101,321 sq. ft. plaza & free standing building Pad site with room for additional 15,000 sq. ft. Centre of automotive & furniture retail district Asking $15,600,000

Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com

High Profile Industrial Building Kitchener, ON

• 2.38 acre site at signalized intersection • Located in southwest London on prime artery • Asking $6,250,000

• • • •

Jack Cox** 519 286 2007 jack.cox@cbre.com

Dietmar Sommerfeld** Will Hunter* 519 340 2314 519 340 2307 dietmar.sommerfeld@cbre.com will.hunter@cbre.com

Barry Poley* 519 286 2015 barry.poley@cbre.com

King/Northfield Industrial Opportunity Waterloo, ON

Commercial Development Land London, ON

• • • •

Income Generating Retail Plaza London, ON

27,644 sq. ft. Retail Plaza London, ON

Chatham Professional Building

11276500_0916

• • • •

26,000 sq. ft. on 1.37 Acres Zoned I2-6 Divisible into multiples of 2,600 sq. ft. Asking $2,200,00

Dietmar Sommerfeld** Will Hunter* 519 340 2314 519 340 2307 dietmar.sommerfeld@cbre.com will.hunter@cbre.com

Waterloo Region 101 Frederick Street, Suite 810 N2H 6R2 T 519 744 4900 F 519 571 9315

Windsor 3200 Deziel Drive, Suite 110 N8W 5K8 T 519 252 4095 F 519 252 7554

24,219 sq. ft. on 2 acres Zoned M-4 Multi-Tenant potential Asking $2,499,900

Industrial/Transport Opportunity Kitchener, ON

• • • •

250 Truck/trailer capacity 17,820 sq. ft. on 8.42 acres Zoned B-1 Asking Price $3,850,000

Dietmar Sommerfeld** Will Hunter* 519 340 2314 519 340 2307 dietmar.sommerfeld@cbre.com will.hunter@cbre.com

* Sales Representative ** Broker

www.cbre.ca

COM

11266919_0916

1 Grand River St., Paris ON Office 519-442-0005

HomeLife Bayview Realty Inc., Brokerage

Rita Mollicone,

Twin City Realty Inc. Brokerage

B.A.

Holly Illman, MBA Sales Representative

Residential, Commercial and Investments Sales Representative

Direct:

Office: 905-889-2200 • Cell: 416-508-2949 Email: ritamollicone@gmail.com

226-388-4083

holly@pinehavensolutions.com 205 KING GEORGE RD, BRANTFORD

DEVELOPMENT PROPERTY • Approx. 25,000 sq. ft. floor area • Centrally located in GTA city • Transportation & all other amenities at doorstep • Mid-rise & stacked townhouses

• High visibility! Great commercial location just down the road from Wal-Mart. • Very high traffic area. • 3747 square foot building • Currently set up as an eat-in/take-out pizza restaurant • Sale Price $1,380,000 • Lease Price $22.00 per sq ft 0916_DJW_2_0084

RESIDENTIAL DEVELOPMENT IN PARIS, ON

YONGE STREET RICHMOND HILL • Approx. 1/2 acres right on Yonge • Existing business and residential house • Commercial zoning • Potential for high density residential • $3.5m

• 125 acres 44 acres developable. • Property surrounded by the Nith River on 3 sides. • Walking distance to Downtown Paris • Area study close to completion • 263-296 unit development • Sale Price $10,500,000 • Exclusive 0916_DJW_4_0085

70 MILL ST, WOODSTOCK

STAND-ALONE BUILDING FOR LEASE • 3750 sq. ft. • Excellent exposure & accessibility • High traffic location • Many uses zoning • Lots of on site parking • $21.00/sq. ft.

11301409_0916

“WE PRODUCE RESULTS”

Free CMA Evaluation

• Development Land • Zoned C4-19. Great location just off Dundas St. • Zoning change to multi-residential a possibility. • 1/3 acre • Sale Price $100,000

0916_DJW_1_0087

Paul J. Szostak BROKER / C.- C.R.E.C. / A.S.A. / A.B.R.

with this cut out ad

LAND DEVELOPMENT / INVESTMENT / BUY & HOLD FUTURE

stakteam@gmail.com

905-333-3500

2 WEBBER AVENUE, HAMILTON

192 MARY STREET, BRANTFORD

Large home already zoned for rooming/ boarding house. Corner property on a large city lot, conveniently located on bus route and within walking distance to hospital, shopping, restaurants, etc. Priced to sell with immediate possession. Great potential for motivated investor and/or renovator. This home has $388,888 large common areas and bedrooms (approximately 9 bedrooms presently framed in), plenty of storage, and a good layout. Sold "as is", RSA. MLS# H3170478

Great industrial building in Brantford at Colborne and Park Road, 64,835 square feet, 1+1 loading docks, 4+1 drive-in doors, office area approx. 7,000 sq. ft. Excellent opportunity for expansion on approx. 6.13 acres lot with $2,588,000 two entrances, which can receive and export over 100 ft. loads. Fantastic parking and truck access to and from main access to major highways. MLS# H3172917

$2,995,000

LAND FOR SALE - $158,888 - 95 ACRES Cayuga - Builders delight double lot (lots 15 & 16). Currently zoned residential single family with fantastic street view with some of the property bordered by a natural stream (Grand River Conservation) with beautiful views. MLS# H3169625

"BUILDERS DELIGHT" - $65,777

BUILDING LOT OPPORTUNITIES

Offering once in a lifetime very affordable Residential Rural Building lot with all the necessary amenities within a ten minute drive. Also only minutes walk to the Waterfront and beaches of Port Maitland @ Lake Erie. This growing and developing area offers a huge amount of future growth and has been a non stop growing place. Take a drive and experience the solitude of such a wonderful quaint and quiet area to be enjoyed by the lucky purchaser of such a wonderful Building lot! MLS# H3169648

1019 WILSON STREET W., ANCASTER This beautiful piece of property with approximately 5600 ft. high-density corner location. Located in the heart of booming business area in Ancaster across from the Smart Center. This 2.07 acre site is perfect for future development with full acess from Shaver and Wilson Street. MLS# H3174430

– Sherbrooke $38,888 - 1609 acres -- MLS# H3170098 – Sherbrooke $18,888 - 1.936 acres -- MLS# H3170143 – Dunnville $58,888 - 1.09 acres -- MLS# H3169647 – Dunnville $65,777 - 1.22 acres corner lot -- MLS# H3169751

COM

A DIVISION OF PRO FUNDS MORTGAGES

SECOND MORTGAGES

UP TO 95% LTV AT ONLY

5% INTEREST

APR

This program is exclusive to Pro Funds Mortgages 

 

BROKER FRIENDLY 

*Certain Conditions Apply OAC

If you have registered funds (RRSP, TFSA) If you have real estate that has equity

1.888.330.3866

www.profunds.ca

Pro Funds Mortgages | 3410 South Service Rd. Suite G5, Burlington ON L7N 3T2 | info@profunds.ca 10G COM

10126377_0916

Contact Pro Funds today to apply for your mortgage at only 5% interest!

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

INDEX Kitchener, Waterloo & Guelph

READ BY over 100,000 Business Readers! distributed in over 1,700 locations! Owen huge coverage area - Windsor to Ottawa! Sound

Southwestern Ontario

Hamilton

Greater Toronto Area

Central Ontario

Eastern Ontario

Niagara

Haliburton Business Opportunities

Georgina Brock

Bradford

Listowel

Hamilton

Ancaster

Haldimand

Elizabethtown

Nanticoke

Simcoe

Cobourg

Campbellford

Gananoque

Kingston Belleville Trenton

Next issue:

March 26, 2016 St. Catharines Niagara Falls

Welland Fort Erie Dunnville

Advertising deadline:

March 15, 2016

For advertising information call

Toll Free 1-800-268-0077 or e-mail us at: thecommercialinvestor@ypnexthome.ca

Chatham Windsor Published by:

401 The West Mall, Suite 500 Etobicoke, ON M9C 5J5

SENIOR EDITOR Elisa Krovblit

Tel: (416) 784-5060 Fax: (416) 789-9705 Toll Free: 1-877-269-8257

MEDIA CONSULTANT Doreen Wills

DIRECTOR OF SALES, NATIONAL Moe Lalani

Toronto

Cambridge Burlington

Norfolk

EDITOR-IN-CHIEF DIRECTOR OF CONTENT Susan Legge

Manotick Carleton Place Mountain Merrickville Perth Morrisburg

Oshawa Bowmanville

Mississauga Waterloo Guelph Oakville Kitchener

London

Peterborough

Uxbridge

Markham Caledon Pickering Georgetown Vaughan Scarborough Brampton

Tillsonburg

PRESIDENT YELLOW PAGES NEXTHOME Jacqueline Hill

Lindsay

Newmarket

Orangeville

Woodstock Brantford Sarnia

Kanata Gloucester Nepean

Orillia

Port Elgin

Grand Bend

Hull Orleans Renfrew Ottawa

Augusta

Barrie

Goderich

Gatineau Rockland

Arnprior

Smiths Falls

Collingwood

Get the full coverage you need â€“ advertise in Commercial Investor

SALES CO-ORDINATOR Jennifer Mardini (on leave) Hoda Sarabi SENIOR PRODUCTION MANAGER Bala Gnanapandithan PRODUCTION CO-ORDINATORS Swinder Jodhka, Brad Smith CIRCULATION INQUIRIES 1-866-580-5960 ext.3242

Copyright Notice: All copyright and other intellectual property rights in the contents hereof are the property of Yellow Pages Homes Limited and not of the customer. The customer has purchased the right of reproduction in The Commercial Investor only and does not have the right to reproduce the ad or photo in any other place or publication. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. Copyright 2016 Copyright 2016 Yellow Pages Homes Limited. All rights reserved by Yellow Pages Homes Limited, Toronto, Ontario, Canada. Reproduction, storage in a retrieval system or transmission in any form or by any means, whether electronic, mechanical or otherwise, in whole or in part, without the prior written permission of Yellow Pages Homes Limited is

strictly prohibited. Published every month by Yellow Pages Homes Limited. Terms Advertisers and The Commercial Investor are not responsible for typographical errors, mistakes or misprints. Payment in full must accompany the insertion order by cheque or money order only. Insertion by phone: we accept Visa and Mastercard. Please check your ad for accuracy, the first issue it appears. If you find an error, report it immediately. The Commercial Investor will not be responsible for more than one incorrect insertion.

Please recycle this magazine! Yellow Pages NextHome participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.

Please say you saw it in The Commercial Investor

COM_0916.indd 1

2016-02-26 4:11 PM

Maxvi

Commercial Real Estate & Business Opportunities

Volume 16 Issue 02

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Special Features 14 IN THE NEWS — Avison Young releases 2016 Canada, U.S., U.K. commercial real estate forecast 40 TREB REPORT — GTA Realtors report commercial market figures 44 IN THE NEWS — Collaborative work spaces are the office revolutionary trend, says Colliers International’s Waterloo region market outlook report GLOSSY SECTION EDITORIAL 12G LEGALLY SPEAKING — More than what you bargained for: Inheriting tenants with a commercial property By Jayson Schwarz 16G INVESTOR INSIGHTS — Why pre-construction condos are a great buy by Andrew la Fleur

Please say you saw it in The Commercial Investor

COM_0916.indd 2

2016-02-26 4:11 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

OPPORTUNITY IS KNOCKING Don’t miss any opportunities!

Subscribe today! Have 3 issues of The Commercial Investor

DELIVERED DIRECTLY TO YOUR DOOR– FOR FREE! Keep yourself up-to-date with a subscription to The Commercial Investor. Have the latest issue delivered to your door for three months.

✔The Newest Opportunities ✔Informative Editorials ✔The Best Selection To subscribe, simply mail or fax a completed Subscription Form (below) or email your subscription information in confidence to: thecommercialinvestor@ypnexthome.ca *Interested in an annual subscription? Call 416-784-5060 or Toll Free 1-877-269-8257 for details.

✔ Yes, I want 3 FREE Issues!* Name/Company: _________________________________________________________ Mail your completed form along with your payment to: The Commercial Investor 401 The West Mall, Suite 500 Etobicoke, ON M9C 5J5 Fax: 416-789-9705

Address: ________________________________________________________________ City: _____________________________ Province: ______ Postal Code: ____________ Phone : (_______)______________________ Fax : (_______)_____________________ Date: ____________________________ Signature: _____________________________

Or, email us at: thecommercialinvestor@ypnexthome.ca

*Canadian Residents Only

Please say you saw it in The Commercial Investor

COM_0916.indd 3

2016-02-26 4:11 PM

Commercial Real Estate & Business Opportunities

Volume 16 Issue 02

KITCHENER, WATERLOO & GUELPH

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

KITCHENER, WATERLOO & GUELPH SECTION COVERING: Cambridge Durham Elora

Fergus Guelph Kitchener Waterloo

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca

Please say you saw it in The Commercial Investor

NewSectionPages_FullColor2015.indd 2 COM_0916.indd 4

2015-03-19 3:47 PM 2016-02-26 4:11 PM

Volume 16 Issue 02

5 Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

www.teammilovick.com

519-745-7000

Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9

Mike Milovick B.B.A., CCIM, Broker

mike@teammilovick.com

fax: 519-489-1333

www.TeamMilovick.com

Invest in Ontario’s Number 1 Town Today!

11298911_0916

Grand Valley Realty

BROKERAGE INDEPENDENTLY OWNED AND OPERATED

Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 345 SPRUCE STREET, WATERLOO

840 KING STREET NORTH, WOOLWICH

2,480,000

949,900

489,900

0916_DJW_2_0030

• $31,500 Gross Annual Income • All bedrooms epicsized • Five minute walk to UW • An Investor's Dream • MLS

• Turn key student investment • 10 minute walk to UW • MLS 0916_DJW_0018

319,900

• Property under ownership for many, many years by same owner • MLS 0916_DJW_0015

• Licensed for 5 tenants • Steps to Uptown and coming LRT • Continue to rent or convert back to single family home in desirable Westmount area • MLS

D L O S

5-415 KEATS WAY, WATERLOO

• $30,000+ Annualized Gross Rent • Optimal Five Bedroom Format

• Newer Roof, Vinyl Siding • Ideal for RenovatorInvestor • MLS 0916_DJW_1_0046

299,900

15 & 16 520 COLLIER MACMILLAN DRIVE, CAMBRIDGE $5.00 SF

• End Unit, Rental Licensed Condo • 5 bedrooms • Direct bus route to UW • MLS

0916_DJW_1_0049

• Industrial space available in popular Collier MacMillan Business Park • Available at $5.25 SF with a reasonable CAM of $3.25 SF

• Ample parking • Located 15 seconds to Highway 24 and two minutes to four interchanges to access Highway 401 • MLS 0916_DJW_0017

0916_DJW_0014

13 ROSLIN AVENUE NORTH, WATERLOO

289,900

315,000

0916_DJW_1_0048

90 MCDOUGALL ROAD, WATERLOO

31 CARDILL CRESCENT, WATERLOO

235,000

489,900

0916_DJW_1_0031

379,900

• Owner occupy one unit, rent the other • $32,000+ Gross Annual Income

5 MULBERRY DRIVE, WATERLOO

• Newer furnace, flooring, paint, shed • MLS

46 AMOS AVENUE, WATERLOO

• $43,000+ Gross Income • 7+3 Bedroom Duplex • Steps to Uptwon Waterloo • Tremendous Value • MLS

0916_DJW_1_0094

• Nearly $50,000 Gross Annual Income • Rental licensed, 4+4 bedroom format • Leased to end of August, 2015 • MLS

499,900

• $42,000+ Gross Annual Income • 4+4 Bedroom, Two Unit Building

• $72,000+ Gross Income • Licensed Triplex • 13 Rental bedrooms • Two Units Purpose Built • MR-25 Zoning • Mostly re-rented for September • MLS

21 AVONDALE AVENUE SOUTH, WATERLOO

$ • Spacious bedrooms, two car garage for landlord or tenant storage. • MLS 0916_DJW_1_0004

59 WILLIAM STREET WEST, WATERLOO

• $26,400 Potential Gross Income • 5 bedrooms all rented

$ 0916_DJW_1_0047

67 CARDILL CRESCENT, WATERLOO

419,900

899,900

$ 0916_DJW_1_0006

465 HAZEL STREET, WATERLOO

• $48,000+ Annual Gross Income Available! • 9 student city-approved, rental licensed property

310 KING STREET NORTH, WATERLOO

• Commercial Development Site • Across from St. Jacob's Farmer's Market • C3 Zoning, 1.96 Acres • MLS

• 6 Plex apartment building • $186,000+ Gross Annual Income • 5% cap rate • 30 students • Purpose built in 2011 • MLS

0916_DJW_0016

BRIDGEPORT LOFTS, WATERLOO

• Unit • Unit • Unit • Unit

15 - $307,900 - 5.48% Cap, MLS - SOLD 6 - $309,900 - 4.80% Cap, MLS 17 - $317,900 - 4.92% Cap, MLS 20 - $389,900 - 5.22% Cap, MLS 0916_DJW_1_0101

Please say you saw it in The Commercial Investor

3:47 PM

COM_0916.indd 5

2016-02-26 4:11 PM

Commercial Real Estate & Business Opportunities

Volume 16 Issue 02

Kitchener/Waterloo Guelph & Cambridge 11236833_0916

Please say you saw it in The Commercial Investor

COM_0916.indd 6

2016-02-26 4:11 PM

Commercial Real Estate & Business Opportunities

Gavin Fitzpatrick

579-576-5556 Ext. 241 gavin@thekaingroup.com

Kitchener/Waterloo Guelph & Cambridge

Volume 16 Issue 02

KITCHENER OFFICE/RETAIL FOR LEASE 0916_DJW_0059 0916_DJW_0060

INNOVATION DISTRICT

5 5 V I C T O R I A S T. N O R T H , K I T C H E N E R $ 1 7 . 5 0 P L U S C A M S

Rare opportunity for first class Brick and Beam office space in the Innovation District immediately across from the future LRT Hub. Office consists of two large work spaces, common amenity area with kitchenette, in suite washrooms, boardroom, reception, and private office. Ample natural light through large windows. Walking distance to nearby amenities, Communitech, and on a major GRT route. This space is move in ready. 2676 sq. feet.

0916_DJW_0062

HIGH TRAFFIC RETAIL

1 7 8 0 K I N G S T E A S T, K I T C H E N E R $ 1 6 . 5 0

• High visibility, high traffic office/retail fully finished office space • 2170 sq ft. • High ceilings with large windows • Instant access to highway/public transit • Over 24K cars pass daily

MULTIPLE UNITS

0916_DJW_0061

9 0 0 G U E L P H S T R E E T, K I T C H E N E R

• • • • • • •

GREAT LOCATION 5 MINUTES TO EXPRESSWAY Well Maintained Building Residential and Commercial Area Office or storefront available Units from 300-1600 square feet. Starting from $10/square foot plus CAMS ample parking, highway access, near transit M2 Zoning.

Brokers Protected AGENT INCENTIVE: Up to $1000 VISA Gift Card for leases closed before April 1 Please say you saw it in The Commercial Investor

COM_0916.indd 7

2016-02-26 4:11 PM

Commercial Real Estate & Business Opportunities

Volume 16 Issue 02

Kitchener/Waterloo Guelph & Cambridge

COLDWELL BANKER COMMERCIAL

COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211 Phone: 519‐743‐5211

www.coldwellbankerpbr.com/commercial www.coldwellbankerpbr.com/commercial

e: commercial@coldwellbankerpbr.com e: commercial@coldwellbankerpbr.com

839 SF· $12.00/SF ·MLS:KW1537515·Kitchener COLDWELL BANKER COMMERCIAL RREETTAAIILL//OOFFFFI ICCEE I INNVVEESSTTMMEENNTT FFOORR SSAALLEE 839 SF· $12.00/SF ·MLS:KW1537515·Kitchener Finished office, great for medical & service 10,704 SF · $2,195,000 · St Jacobs 10,704 SF · · $2,195,000 · St Jacobs Finished office, great for medical & service MLS:30508545 PETER BENNINGER REALTY, BROKERAGE 28,100 SF · $1,850,000 · Exclusive · Kitchener use. Gary Boudreau*/James Boudreau** Excellent for Owner/User. MLS:30508545 · for Excellent value for Owner/User. use. Gary Boudreau*/James Boudreau** Potential add. 28,100 SF · $1,850,000 · Exclusive · Kitchener Also for Lease $8.75/SF MLS 30504455 · Long 508 RIVERBEND DRIVE, KITCHENER, ON. 1,200 SF · $1,600/Mth · MLS : 30503820 · Kitchener Potential for value add. Also for Lease $8.75/SF MLS 30504455 · Long standing retail destination in downtown 1,200 SF · $1,600/Mth · MLS : 30503820 · Kitchener James Boudreau**/Gary Boudreau* Phone: 519‐743‐5211 2nd Floor Unit. Located very close to the New Provin‐ James Boudreau**/Gary Boudreau* Kitchener for over 80 years! Excellent location standing retail destination in downtown cial Courthouse and downtown Kitchener amenities. 2nd Floor Unit. Located very close to the New Provin‐ R E T A I L O R R E D E V E L O P M E N T S I T E for continued retail or conversion for hi‐tech Kitchener for over 80 years! Excellent location James Boudreau**/ Gary Boudreau* 1,586 e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial R E T ASF I L · 0.12 O R Acres R E D E· V$925,000 E L O P M· EMLS: N T 3050 SITE cial Courthouse and downtown Kitchener amenities. office user. Colin Vogel* for continued retail or conversion for hi‐tech 1737/1745 · IKitchener · $925,000 Unique High R E T A I L / O F F C E I N V E S T M E N T F O R Profile S 3050 ALE 1,586 SF · 0.12 Acres · · MLS: James Boudreau**/ Gary Boudreau* 839 SF· $12.00/SF ·MLS:KW1537515·Kitchener RETAIL FOR SALE/LEASE 4,980 SF · $9.00/SF · MLS:30504057· Kitchener Location. Corner Lot. Located beside farmers office user. Colin Vogel* 736 SF· $75.00/SF Net· MLS: KW1534274 Finished 10,704 SF · Kitchener · $2,195,000 · St Jacobs office, great for medical & service 1737/1745 · Unique High Profile Pres�ge & very visible office building adjacent market. Lester Tobin* Waterloo · · $1,850,000 Indoor mall · style on two levels. use. Gary Boudreau*/James Boudreau** 4,980 SF · $9.00/SF · MLS:30504057· Kitchener MLS:30508545 · Excellent for Owner/User. 28,100 SF $75.00/SF Exclusive · Kitchener to Kitchener Farmers Market,1 block from Location. Corner Lot. Located beside farmers 736 SF· Net· MLS: KW1534274 High pedestrian and traffic location. Good Potential Pres�ge & very visible office building adjacent Also for Lease $8.75/SF MLS 30504455 · Long Rmarket. Lester Tobin* E T A I L / R E S I D Efor N T I A L value I N V E S T M Eadd. NT Waterloo · Indoor mall style on two levels. new LRT stop. Total space can be demised to 1,200 SF · $1,600/Mth · MLS : 30503820 · Kitchener James Boudreau**/Gary Boudreau* tenant support. Lester Tobin* standing retail destination in downtown to Kitchener Farmers Market,1 block from 7 , 7 1 2 S F · $895,000 · Cambridge · MLS: approx. 2,500 SF, 2,000 SF. Underground High pedestrian and traffic location. Good 2nd Floor Unit. Located very close to the New Provin‐ 30506322 Retail/residential or Kitchener for over 80 years! Excellent location I NEVOwner/User new LRT stop. Total space can be demised to 5,000 SF·$16.95/SF ·MLS:30504304· Kitchener Parking. James Boudreau**/ Gary Boudreau* RREETTAA II LL / ROERS I DREENDTEI AVLE L O P M NE TS T M S IETNET cial Courthouse and downtown Kitchener amenities. tenant support. Lester Tobin* SF(2 units) · Upper Main floor 5,642 property. for continued retail or Visibility, conversion for hi‐tech 7 , 7 1 2 S F · $895,000 · Cambridge MLS: approx. 2,500 SF, 2,000 SF. Underground New Building, High Free on‐site James Boudreau**/ Gary Boudreau* 1,586 SF · 0.12 Acres · $925,000 · MLS: 3050 8,991 SF· $12.50/SF ·MLS:30504305·Kitchener floor‐ Three apartments. Lester Tobin* office user. Colin Vogel* Parking. James Boudreau**/ Gary Boudreau* 1737/1745 30506322 · Retail/residential or High Owner/User parking. John Hoffman*/ Gary Boudreau* Kitchener · Unique Profile 5,000 SF·$16.95/SF ·MLS:30504304· Kitchener New Building, High Visibility, Free on‐site 4,980 SF · $9.00/SF · MLS:30504057· Kitchener property. Main floor 5,642 SF(2 units) Upper Location. Corner Lot. Located beside farmers 736 KW1534274 New Building, High Net· Visibility, Free on‐site Pres�ge & very visible office building adjacent parking. John Hoffman*/ Gary Boudreau* 2,550 SF· SF $75.00/SF · $12.00/SF · MLS: MLS:30502295 I N D U S T R I A L / WAREHOUSE 8,991 SF· $12.50/SF ·MLS:30504305·Kitchener market. Lester Tobin* floor‐ Three apartments. Lester Tobin* Waterloo · Indoor mall style on two levels. parking. John Hoffman*/ Gary Boudreau* Cambridge Retail store front unit with high to Kitchener Farmers Market,1 · Free block from New Building, High AVAILABLE Visibility, on‐site OFFICE SPACE WATERLOO High pedestrian and traffic location. Good AAA F O R L E A S E / S AI NL VE E S T M E N T exposure & high traffic. In downtown Preston. RETAIL/RESIDENTIAL new LRT stop. Total space can be demised to 114,033 SF· $14.50/SF · Exclusive ·Beautifully tenant support. Lester Tobin* parking. John Hoffman*/ Gary Boudreau* 2,550 SF · $12.00/SF · MLS:30502295 approx. 2,500 SF, 2,000 SF. Underground 7 , 7 1I2N DS U Lester Tobin* F · S $895,000 · A Cambridge TRIAL/W R E H O U· S EMLS: finished, ample parking, natural light Cambridge Retail store front unit with high Parking. James Boudreau**/ Gary Boudreau* 30506322 or Owner/User INDUSTRIAL Retail/residential WAREHOUSE FOR LEASE/SALE 5,000 SF·$16.95/SF ·MLS:30504304· Kitchener AAA OFFICE SPACE WATERLOO AVAILABLE James · Boudreau** 530 SF · $18.00/SF · MLS: 30506783· Kitchener throughout. F O Rfloor LEA S E /SF(2 S A Lunits) E Upper Main 5,642 13,735 SF · $4.95/SF · $1,050,000 · Cambridge exposure & high traffic. In downtown Preston. New Building, High Visibility, Free location. on‐site 114,033 SF· $14.50/SF · Exclusive ·Beautifully property. Turn‐key hair/nail salon. High traffic 8,991 SF· $12.50/SF ·MLS:30504305·Kitchener floor‐ Three apartments. Lester Tobin* 30504533/ 30504505 · Freestanding O F F I C E B U I L D I N G F O R L E A S E & S A L E MLS# Lester Tobin* parking. John Hoffman*/ Gary Boudreau* Ample on‐site drive‐up parking. Lester Tobin* finished, ample natural light facility Industrial/Warehouse. New Building, High parking, Free on‐site Centrally 12,184 SF Divisible · Visibility, 1,975,000 · $12.95/SF INDUSTRIAL WAREHOUSE FOR LEASE/SALE parking. John Hoffman*/ Gary Boudreau* throughout. James Boudreau** 2,550 SF 5,947 · $12.00/SF · MLS:30502295 530 SF · $18.00/SF · MLS: 30506783· Kitchener located with access off 2 streets.10,400 · Waterloo · Well located I N D U S T R I A L / W A R E H O U S E SF 1,770 to SF · $20.00/SF Net · MLS: MLS:KW1521512 13,735 SF · $4.95/SF · $1,050,000 · Cambridge Cambridge Retail store front unit New with retail high office Warehouse, 3,335 SF Office. Lester Tobin* Turn‐key hair/nail salon. High traffic location. building. Quality finishes throughout. 30505595/5597/5598 · Kitchener· AAA F O R L E30504505 A S E / S A · L EFreestanding O F F IOFFICE C E B U SPACE I L D I N GAVAILABLE F O R are L E A· SWATERLOO E included. & S A L E MLS# 30504533/ exposure & high traffic. In downtown Preston. plaza on Huron Rd. with high traffic and Existing Ample on‐site drive‐up parking. Lester Tobin* 114,033 SF· furnishings $14.50/SF · Exclusive ·Beautifully 6,287 SF ·$7.00/SF·MLS:KW1531928·Kitchener facility Industrial/Warehouse. Centrally 12,184 SF Divisible · 1,975,000 · $12.95/SF Lester Tobin* James Boudreau** exposure, ample on‐site drive‐up parking. finished, ample parking, natural light Rare to find! 2 drive thru truck bays, one with located with access off 2 streets.10,400 SF INDUSTRIAL WAREHOUSE FOR LEASE/SALE MLS:KW1521512 · Waterloo · Well located 1,770 to 5,947 SF · $20.00/SF Net · MLS: throughout. James Boudreau** Lester Tobin* 530 SF · $18.00/SF · MLS: 30506783· Kitchener 28,100 SF on 3 oors · $1,850,000 · pit. Tool room attached. Abundant yard space Warehouse, 3,335 SF Office. Lester Tobin* office building. Quality finishes throughout. 13,735 SF · $4.95/SF · $1,050,000 · Cambridge 30505595/5597/5598 · Kitchener· New retail Turn‐key hair/nail salon. High traffic location. Kitchener · Exclusive · Retail/Office Space. avail. at extra cost. John Hoffman* 1,100 SF · $5.50/SF · MLS:30501890· Kitchener 30504533/ 30504505 · Freestanding F F I C E B U furnishings I L D I N G F O R Lare EASE & S A L E MLS# Existing included. plaza on Huron Rd. with high traffic and O Ample on‐site drive‐up parking. Lester Tobin* Central to many ini�a�ves and improvements High Traffic ‐ High exposure location. On‐site 6,287 SF ·$7.00/SF·MLS:KW1531928·Kitchener Industrial/Warehouse. Centrally 12,184 SF Divisible · 1,975,000 · $12.95/SF facility 9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener James Boudreau** exposure, ample on‐site drive‐up parking. in the downtown core including city located parking available for Tenant. Lester Tobin* with access off 2 streets.10,400 SF Rare to find! 2 drive thru truck bays, one with · Waterloo · Well the located 1,770 to 5,947 SF · $20.00/SF Net · MLS: MLS:KW1521512 7,699 sf 16 dock shipping area. 1,661 sf office Lester Tobin* centre building. condos & minutes from throughout. the transit Warehouse, 3,335 SF Office. Lester Tobin* finishes pit. Tool room attached. Abundant yard space 30505595/5597/5598 · Kitchener· New retail office 28,100 SF on Quality 3 oors · $1,850,000 · w/drivers area, new doors, bright, well hub. Colin Vogel*/ Peter Benninger** Existing furnishings are included. windowed. John Hoffman* plaza on Huron Rd. with high traffic and OFFICE FOR SALE/LEASE avail. at extra cost. John Hoffman* 1,100 SF · $5.50/SF · MLS:30501890· Kitchener Kitchener · Exclusive · Retail/Office Space. 6,287 SF ·$7.00/SF·MLS:KW1531928·Kitchener James Boudreau** exposure, ample on‐site drive‐up parking. SF · Main Floor · 8,500 SF Lower Level Rare to find! 2 drive thru truck bays, one with Central to many ini�a�ves and improvements High Traffic ‐ High exposure location. On‐site 8,500 3,450 SF · $11.00/SF Gross · MLS: KW1537169 Lester Tobin* 9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener $995,000 · on Simcoe · MLS:30509700 ·· pit. Tool room attached. Abundant yard space 3 oors · $1,850,000 in the SF downtown core including the city parking available for Tenant. Lester Tobin* Kitchener · Clean industrial space, finished KITCHENER PLAZA RETAIL/OFFICE SPACE FOR LEASE 28,100 7,699 sf 16 dock shipping area. 1,661 sf office Located in the heart at extra cost. John Hoffman* Kitchener · Exclusive · Retail/Office Space. 650 ‐ 2,700 SF · $9.00‐$12.00/SF · MLS: Centrally 1,100 SF · $5.50/SF · MLS:30501890· Kitchener offices, ample power. James Boudreau** centre condos & minutes from of the Norfolk transit avail. w/drivers area, new doors, bright, well County. Poten�al for ver�cal growth. 30500085/899/903· Nicely nished units in busy High Traffic ‐ High exposure location. On‐site Central to many ini�a�ves and improvements hub. Colin Vogel*/ Peter Benninger** 9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener OFFICE FOR SALE/LEASE Colin Vogel*/Peter Benninger** windowed. John Hoffman* shopping centre, low common fees, on a public in the downtown core including the city 21,775 SF· $4.50/SF ·MLS:30505583·Kitchener parking available for Tenant. Lester Tobin* 7,699 sf 16 dock shipping area. 1,661 sf office transit route, exis�ng tenants inc. Short Stop, centre condos & minutes from the transit Excellent manufacturing and/or warehouse 8,500 SF · Main Floor · 8,500 SF Lower Level INVESTMENT FOR SALE w/drivers area, new loading doors, and bright, well 3,450 SF · $11.00/SF Gross · MLS: KW1537169 facility. Good power, parking. KW Gaming, Curves, Sco�abank & more. $995,000 · Simcoe · MLS:30509700 · windowed. John Hoffman* O F FPLAZA I C E FRETAIL/OFFICE O R S A L E /SPACE L E AFOR S E LEASE hub. Colin Vogel*/ Peter Benninger** KITCHENER Kitchener · Clean industrial space, finished R. Blake Hull* James Boudreau**/ Gary Boudreau* Centrally Located in · the of Norfolk 24,860 · heart MLS:30504066 SF ·SF·$3,900,000 Main Floor 8,500 SF Lower Level 3,450 SF · $11.00/SF Gross · MLS: KW1537169 650 ‐ 2,700 SF · $9.00‐$12.00/SF · MLS: 8,500 offices, ample power. James Boudreau** 6,994 SF· $7.00/SF ·MLS: 30506432 · Kitchener 800 SF · $21.00/SF · MLS:30501217 · Waterloo County. Poten�al for ver�cal growth. Kitchener· Non‐designated heritage building $995,000 · Simcoe · MLS:30509700 · Kitchener 30500085/899/903· Nicely nished units in busy KITCHENER PLAZA RETAIL/OFFICE SPACE FOR LEASE · Clean industrial space, finished Clean space, good mix of office space w/light Rare main floor opportunity. High traffic in Downtown core. in 3 floors of approx. 8,000 21,775 SF· $4.50/SF ·MLS:30505583·Kitchener Located the heart of Norfolk Colin Vogel*/Peter Benninger** shopping centre, low common fees, on a public 650 ‐ 2,700 SF · $9.00‐$12.00/SF · MLS: Centrally offices, ample power. James Boudreau** manufacturing and assembly space. Easy intersection of University & Bridge. Seconds SF each. Many uses, tech to retail. Excellent manufacturing and/or warehouse 30500085/899/903· Nicely nished units in busy transit route, exis�ng tenants inc. Short Stop, County. Poten�al for ver�cal growth. access to expressway. Roman Ginzburg* from Hwy 85. Colin Vogel* John Hoffman* I N V E S T M E N T F O R S A L E Colin Vogel*/Peter Benninger** 21,775 SF· $4.50/SF ·MLS:30505583·Kitchener shopping centre, low common fees, on a public facility. Good power, loading and parking. KW Gaming, Curves, Sco�abank & more. Excellent manufacturing and/or warehouse transit route, exis�ng tenants inc. Short Stop, FOR SALE R. Blake Hull* * Sales Representa�ve James Boudreau**/ Gary Boudreau* I N V E S T M E N T KW Gaming, Curves, Sco�abank & more. 24,860 SF·$3,900,000 · MLS:30504066 facility. Good power, loading and parking. ** Broker R. Blake Hull* James Boudreau**/ Gary Boudreau* 800 SF · $21.00/SF · MLS:30501217 · Waterloo Kitchener· SF·$3,900,000 Non‐designated · heritage building 6,994 SF· $7.00/SF ·MLS: 30506432 · Kitchener 24,860 MLS:30504066 Clean space, good mix of office space w/light Rare main floor opportunity. High traffic in Downtown core. 3 floors heritage of approx. 8,000 6,994 SF· $7.00/SF ·MLS: 30506432 · Kitchener 800 SF · $21.00/SF · MLS:30501217 · Waterloo Kitchener· Non‐designated building manufacturing and assembly space. Easy intersection University & Bridge. Rare main of floor opportunity. High Seconds traffic in SF Downtown each. Many to 8,000 retail. Clean space, good mix of office space w/light core. 3 uses, floors tech of approx. and assembly space. Easy access to expressway. Roman Ginzburg* intersection of University & Bridge. Seconds SF each. Many uses, tech to retail. manufacturing from Hwy 85. Colin Vogel* John Hoffman* from Hwy 85. Colin Vogel* John Hoffman* access to expressway. Roman Ginzburg*

R R EE TT A A II LL FF O O RR SS AA LL EE // LL EE AA SS EE

* Sales Representa�ve

* Sales Representa�ve ** Broker ** Broker 8331512_0916

COM_0916.indd 8

Please say you saw it in The Commercial Investor

2016-02-26 4:11 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

COLDWELL BANKER COMMERCIAL COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211 Phone: 519‐743‐5211

www.coldwellbankerpbr.com/commercial www.coldwellbankerpbr.com/commercial LAND FOR SALE

e: commercial@coldwellbankerpbr.com e: commercial@coldwellbankerpbr.com

G RCOLDWELL BANKER COMMERCIAL EAT RE‐DEVELOPMENT SITE MULTI‐FAMILY FOR SALE G25,182 R E A T SF · R$2,420,000 E ‐ D E V E L O· PMLS: M E NKW1417598 T SITE LAND FOR SALE MULTI‐FAMILY FOR SALE SF · · $2,420,000 · MLS: KW1417598 PETER BENNINGER REALTY, BROKERAGE Brockville Some medical onsite. Walking 6.60 Acres (+/‐) Commercial/Retail· 2.94 25,182 · MLS: 30505507 36 Units · $5,500,0000 · Some medical onsite. distance from Hospital. Some new Walking leases 6.60 Acres (+/‐) Commercial/Retail· 2.94 Brockville 508 RIVERBEND DRIVE, KITCHENER, ON. Acres (+/‐) Residential · $1,000,000 Per Acre· 36 Units · $5,500,0000 · MLS: 30505507 Kitchener · Brand New! 100% Leased, 100% pending. John Hoffman*/Gary Boudreau* from Hospital. Some new leases Exclusive Tremendous Opportunity on major distance Acres (+/‐) Residential · $1,000,000 Per Acre· Income guarantee& bldg warranty. Kitchener · Brand New! 100% Leased, 100% Phone: 519‐743‐5211 arterial road. Considerable exposure along pending. John Hoffman*/Gary Boudreau* Generously Exclusive Tremendous Opportunity on major sized units w/premium finishes, Income guarantee& bldg warranty. 66.58 Ac. · $2,200,000 EXCLUSIVE· Cambridge Ottawa St. Concepts for res portion incl. 140 steel appliances, in suite laundry, arterial road. Considerable exposure along Under consideration to e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial change OP stainless Generously sized units w/premium finishes, stacked town homes or a 134 unit retirement 66.58 Ac. · $2,200,000 EXCLUSIVE· Cambridge Separate hydro & gas meters. Located steps Ottawa St. Concepts for res portion incl. 140 designation to industrial. Peter Benninger** G R E A T R E ‐ D E V E L O P M E N T S I T E stainless steel appliances, in suite laundry, D Funit O R retirement S A L E facility. M U L T I ‐ F A M I L Y F O R S A LE homes or La A N 134 Under consideration to change OP away from shopping & expwy On major stacked town homes or a 134 unit retirement 25,182 SF · $2,420,000 · MLS: KW1417598 Separate hydro & gas meters. Located steps Peter Benninger** designation to industrial. Peter Benninger** Approx.217 Acres · $4,340,000 · EXCLUSIVE transit route. Eric Reiner* Brockville · Some medical onsite. Walking away from shopping & expwy On major homes or a (+/‐) 134 unit retirement facility. 6.60 Acres Commercial/Retail· 2.94 Waterloo Units · $5,500,0000 · MLS: 30505507 Region · Currently Being Farmed. 36 distance from Hospital. Some new leases LAND AND BUILDINGS FOR SALE Peter Benninger** Acres (+/‐) Residential · $1,000,000 Per Acre· Approx.217 transit route. Eric Reiner* · Brand New! 100% Leased, 100% Acres Call for · $4,340,000 info · EXCLUSIVE pkg! Kitchener 9 Units · $895,000· MLS:30501031 · Kitchener pending. John Hoffman*/Gary Boudreau* 3,687 SF Tremendous · $775,000 Opportunity · MLS: KW1537347 Exclusive on major Waterloo Income guarantee& bldg downtown warranty. Peter Benninger**/Colin Vogel* property in desirable Region · Currently Being Farmed. St Jacobs Why pay rent? LAND AND · Considerable BUILDINGS FOR Excellent SALE arterial road. exposure along Generously sized units w/premium finishes, location. Close to farmer's market, city hall, 66.58 Ac. · $2,200,000 EXCLUSIVE· Cambridge Call for info pkg! 9 Units · $895,000· MLS:30501031 · Kitchener opportunity for Owner/User. Redevelopment Ottawa St. Concepts for res portion incl. 140 Ac.Land · $4,000/month · MLS: KW new 3,687 SF · $775,000 · MLS: KW1537347 2.8 stainless steel appliances, in suite oversized laundry, courthouse, etc. Upgraded Under consideration to change OP Income property in desirable downtown Peter Benninger**/Colin Vogel* potential. stacked town homes or a 134 unit retirement · Fully fenced with one gate, Separate hydro & gas meters. Located baths, steps St Jacobs · Why pay rent? Excellent 1514567 featuring newer kitchens, designation to industrial. Peter Benninger** units location. Close to farmer's market, city hall, James Boudreau**/ Gary Boudreau* homes or a 134 unit retirement facility. graveled and compacted. Bleams Road stainless away from shopping & expwy steel appliances Large On lot major with opportunity for Owner/User. Redevelopment 2.8 Ac.Land · $4,000/month · MLS: KW new courthouse, etc. Upgraded oversized Peter Benninger** Approx.217 coming through in the Spring of 2015! transit route. Eric Reiner* Acres · $4,340,000 · EXCLUSIVE excess land. CR1 zoning provides future potential. · Region Fully · Currently fenced with one gate, units featuring newer kitchens, baths, D E V E L O P M E N T L A N D F O R S A L E 1514567 John Hoffman* Waterloo Being Farmed. development potential (approx. 0.40 Acres). 3 . 5 8 A cAND r e s · BUILDINGS $995,000 · Conestogo · graveled James Boudreau**/ Gary Boudreau* LAND FOR SALE and compacted. Bleams Road stainless steel appliances Large lot with 9 Units · $895,000· MLS:30501031 · Kitchener Call for info pkg! Mike Flynn* Backs onto forested area. 1.03 Acres · $1,995,000 · MLS: 30502898 Exclusive 3,687 SF · · $775,000 · MLS: KW1537347 coming through in the Spring of 2015! Income property desirable downtown excess land. CR1 in zoning provides future DExcellent E V Jacobs E L O P Mre‐development T L Apay N D rent? F Oopportunity. R Excellent S A L E Peter Benninger**/Colin Vogel* St · E NWhy Wide 1 Acre of Urban Development Land. John Hoffman* location. Close potential to farmer's market, city hall, development (approx. 0.40 Acres). James Boudreau**/ Gary Boudreau* 3opportunity for Owner/User. Redevelopment . 5 8 A c r e s · $995,000 · Conestogo · 2.8 range of uses permitted. James Ac.Land · $4,000/month · Boudreau* MLS: KW new courthouse, etc. Upgraded oversized For Commercial Real Estate Mike Flynn* potential. Exclusive · DEVELOPMENT Backs onto forested 1514567 · Fully fenced · with one gate, units featuring newer kitchens, baths, 30502898 COMMERCIAL LAND FOR area. SALE 1.03 10.87 Acres Acres · $1,995,000 · $3,600,000 MLS: · EXCLUSIVE · Solutions in Canada's Technology James Boudreau**/ Gary Boudreau* graveled and compacted. Bleams Road stainless Excellent re‐development opportunity. steel contact appliances lot our with 5,498 SF (approx) · $850,000 · Kitchener 1 Acre of Urban Development Land. Wide Brantford · High traffic, high visibility. Part of Triangle, any Large one of coming through in the Spring of 2015! James Boudreau**/ Gary Boudreau* land. CR1 zoning provides future EXCLUSIVE · Income potential from buildings. D E V E L O P M E N T L A N D F O R S A L E range of uses permitted. James Boudreau* intensification corridor being studied by the excess sales representatives, or call John Hoffman* potential (approx. Acres). Redevelopment parcel. James Boudreau** For Commercial Real 0.40 Estate 3 . 5 8 A c r e s · $995,000 · Conestogo · city. Peter Benninger** development 519‐743‐5211. Exclusive · DEVELOPMENT COMMERCIAL LAND FOR SALE Mike Flynn* Acres · $3,600,000 · EXCLUSIVE · Backs onto forested area. 10.87 Solutions in Canada's Technology Acres · $1,995,000 · MLS: 30502898 LAND& I L D I N G S · ‐ $850,000 I N V E S T M E· N Kitchener T O F F I C E 1.03 0.35 Acres · $1,425,000 · Exclusive · Kitchener 5,498 SF B U(approx) Excellent re‐development opportunity. Triangle, contact any one of our 1 Acre of Urban Development Land. Wide SALES REPRESENTATIVES: 12,853SF ·$2,500,000 · Kitchener Brantford · High traffic, high visibility. Part of Development opportunity in the heart of EXCLUSIVE · Income potential from buildings. James Boudreau**/ Gary Boudreau* intensification range of uses permitted. James Boudreau* corridor being studied by the sales representatives, or call MLS# 30503036· Multi‐tenant office building. downtown Kitchener. Capitalize on current For Commercial Real Estate Redevelopment parcel. James Boudreau** city. Peter Benninger** Gary Boudreau * · ext. 3029 Centrally located. Zoning & property suitable 519‐743‐5211. COMMERCIAL DEVELOPMENT LAND FOR SALE DC exemptions. Solutions in Canada's Technology for many uses. James Boudreau**/ 10.87 Acres · $3,600,000 · EXCLUSIVE · James Boudreau ** · ext. 3020 Peter Benninger**/ Colin Vogel* Brantford · High traffic, high visibility. Part of Triangle, contact any one of our L5,498 A N D & BSF U I L(approx) D I N G S ‐ · I N$850,000 V E S T M E N· TKitchener O F F I C E 0.35 Acres · $1,425,000 · Exclusive · Kitchener Gary Boudreau* Selby Colson * · ext. 3100 EXCLUSIVE · Income potential from buildings. intensification corridor being studied by the SALES REPRESENTATIVES: sales representatives, or call 12,853SF ·$2,500,000 · Kitchener Development opportunity in the heart of Mike Flynn * · ext. 3037 Redevelopment parcel. James Boudreau** city. Peter Benninger** 519‐743‐5211. MLS# 30503036· Multi‐tenant office building. HIGH DENSITY MIXED USE DEVELOPMENT downtown Roman Ginzburg* · ext. 3103 B UKitchener. S I N E S S Capitalize F O R S A Lon E current John Hoffman * · E NEXCLUSIVE Gary Boudreau * · ext. 3029 L3.25 A N D & Acres· B U I L D I N $5,850,000 GS ‐ INVESTM T O F F I C E 0.35 Acres · $1,425,000 · Exclusive · Kitchener Centrally located. Zoning & property suitable · ext. 3040 DC exemptions. SALES REPRESENTATIVES: Kitchener Frontage 2 major streets at Development opportunity in the heart of 12,853SF ·$2,500,000 · Boudreau**/ Kitchener for many · uses. on James James Boudreau ** · ext. 3020 Bill Halpenny * · ext. 3120 Peter Benninger**/ Colin Vogel* the gateway to downtown Boudreau* Kitchener. downtown MLS# 30503036· Multi‐tenant office building. MECHANIC Kitchener. SHOP Capitalize AND on current LOT Gary R. Blake Hull* · ext. 3032 Selby Colson * · ext. 3100 Excellent access to Hwy 401 via Hwy 8 1,440 SF· $559,000·MLS: exemptions. Gary Boudreau * · ext. 3029 KW1535223 Centrally located. Zoning & property suitable DC Eric Reiner* · ext. 2099 Mike Flynn * · ext. 3037 Directly on uses. proposed rail transit route. for many light James Boudreau**/ James Boudreau ** · ext. 3020 Kitchener · Established mechanic business on Peter Benninger**/ Colin Vogel* HIGH DENSITY MIXED USE DEVELOPMENT Lester Tobin* · ext. 3023 Roman Ginzburg* · ext. 3103 U S Isite. N E SIdeal S F Ofor R used S A L Ecar Peter Benninger**/Colin Vogel* Gary Boudreau* quarter Bacre sales. Selby Colson * · ext. 3100 Colin Vogel* · ext. 3110 3.25 Acres· $5,850,000 · EXCLUSIVE John Hoffman * · ext. 3040 R. Blake Hull* Mike Flynn * · ext. 3037 Harmony Voisin · ext. 3117 8.28 Acres $1,558,000 · 2 MLS: KW1522201 Kitchener · · Frontage on USE major streets at HIGH DENSITY MIXED DEVELOPMENT Roman Ginzburg* · ext. 3103 Bill Halpenny * · ext. 3120 BUSINESS FOR SALE Cambridge · Fantastic location to build up to John Hoffman * 3.25 gateway Acres· to $5,850,000 · Kitchener. EXCLUSIVE MECHANIC the downtown AND LOT 1,800 SF · SHOP $195,000 ·MLS:30502387 · ext. 3040 R. Blake Hull* · ext. 3032 64,207 sq. ft. in 2 buildings. Many uses within Kitchener · access Frontage on 2 401 major BROKER OF RECORD: Excellent to Hwy via streets Hwy at 8 1,440 Waterloo established and highly SF· · Well $559,000·MLS: KW1535223 Bill Halpenny * · ext. 3120 Eric Reiner* · ext. 2099 M3 zoning including residential. In park the gateway to light downtown Kitchener. MECHANIC SHOP fine/casual AND LOT R. Blake Hull* respected full service dining Directly on proposed rail transit route. Kitchener · Established mechanic business on · ext. 3032 setting. John Hoffman* Lester Tobin* · ext. 3023 Excellent access to Hwy 401 via Hwy 8 1,440 SF· located $559,000·MLS: KW1535223 Peter Benninger** · ext. 3000 restaurant in Waterloo’s uptown. Peter Benninger**/Colin Vogel* Eric Reiner* · ext. 2099 quarter acre site. Ideal for used car sales. Directly on proposed light rail transit route. Colin Vogel* · ext. 3110 Kitchener · Established mechanic business on Lester Tobin* Lester Tobin* · ext. 3023 Peter Benninger**/Colin Vogel* R. Blake Hull* Harmony Voisin · ext. 3117 8.28 Acres · $1,558,000 · MLS: KW1522201 quarter acre site. Ideal for used car sales. Colin Vogel* · ext. 3110 R. Blake Hull* * Sales Representa�ve Cambridge · Fantastic location to build up to Harmony Voisin · ext. 3117 8.28 Acres · $1,558,000 · MLS: KW1522201 1,800 SF · $195,000 ·MLS:30502387 ** Broker 64,207 sq. ft. in 2 buildings. Many uses within Cambridge · Fantastic location to build up to Waterloo BROKER OF RECORD: established and highly 1,800 SF · Well · $195,000 ·MLS:30502387 64,207 sq. ft. in 2 buildings. Many uses within M3 zoning including residential. In park respected BROKER OF RECORD: Waterloo · full Well established and dining highly service fine/casual M3 zoning including residential. In park respected full service fine/casual dining setting. John Hoffman* Peter Benninger** · ext. 3000 restaurant located in Waterloo’s uptown. setting. John Hoffman* Peter Benninger** · ext. 3000 restaurant located in Waterloo’s uptown.

Lester Tobin* Lester Tobin*

* Sales Representa�ve * Sales Representa�ve ** Broker ** Broker Please say you saw it in The Commercial Investor

COM_0916.indd 9

8171433_0916

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

519.742.7000 www.coupalmarkou.com

SALE

835 VICTORIA STREET NORTH, KITCHENER

• High profile investment property with successful long term tenant in place • Oversized parking lot • Site could accommodate a much larger building if re-developed • 5,358 sq ft • $1,500,000 0916_DJW_2_0023

MLS

SALE

93 LODGE STREET, WATERLOO

• Established 6 bay car wash • Price includes land, building and equipment • 3,540 sq ft on 0.54 acres • $1,549,000

0916_DJW_3_0021

138 BLEAMS ROAD, KITCHENER

• Prime development site in Kitchener with 220' frontage • 3.4 acres • $2,250,000

EXCLUSIVE

MLS

0916_DJW_0051

LEASE 405 KING STREET NORTH, WATERLOO LEASE 1250 FISCHER HALLMAN ROAD, KITCHENER LEASE 341 MARSLAND DRIVE, WATERLOO

• Frestanding building with National Tenant • Located on major corridor near both Universities • 10,900 sq ft on 0.69 acres • $2,999,000

0916_DJW_0052

MLS

LEASE 300 BRIDGE ST EAST, KITCHENER

• 3.49 acre high profile corner property • Official Plan allows mixed use • Retail/commercial, office & residential • $3,600,000

0916_DJW_2_0036

SALE

• Prime investment/re-development opportunity • Easy access to Conestoga Expressway • 59,000 sq ft on 5.83 acres • $7,800,000 MLS

0916_DJW_1_0042

KITCHENER/WATERLOO Sales $415,000 (2015) Growing Asking $3,250,000

• 72.9 acres • 44.65 acres developable • Strategically located on the new Hwy 7 realignment • $9,900,000 0916_DJW_4_0021

CARWASH / BOXWASH

PRINCIPALS ONLY

Exclusive

MLS

Christopher Coupal

John Markou

Theo Papadopoulos

Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101

Broker, Principal john@coupalmarkou.com 519-742-7000 x 102

Sales Representative theo@coupalmarkou.com 519-742-7000 x 103

CONNECT

0916

The information set out herein is for advertising purposes, with information obtained from sources deemed to be reliable. No warranty or representation is made as to its accuracy, correctness and completeness of the information, being subject to errors, omissions, conditions, prior sale/lease, withdrawal or other changes without notice. Coupal Markou Commercial Real Estate Inc., Brokerage

Please say you saw it in The Commercial Investor

COM_0916.indd 10

2016-02-26 4:12 PM

Commercial Real Estate & Business Opportunities

519.742.7000 www.coupalmarkou.com

SALE

54 BRIDGE ST WEST, KITCHENER

• Prime residential development site • 1.23 acres with 181.28 ft frontage • Premilinary site plan approval in place for • 32 unit apartment building or stacked townhouses • $1,195,000 MLS

0516_DJW_1_0117

SALE PROFITABLE BUSINESS, KITCHENER

• Great opportunity to own a pub, billiards & banquet facility • Long term lease in place • Very profitable business • $695,000

SALE

2492 CEDAR CREEK ROAD, AYR

• Restaurant for sale • Approximately 110 seats • Located at busy Flying Jay truck stop plaza at Hwy #97 & #401 • $359,000

0516_DJW_0076

0516_DJW_0024

LEASE 120-122 KING STREET NORTH, WATERLOO LEASE 92 KING STREET SOUTH, WATERLOO

LEASE

• Prime Uptown Waterloo office space located across from "The Shops of Waterloo Town Square" • Entire second floor with private entrance • 3,600 sq ft • $10.00/sq ft Net

• Medical building located directly behind Grand River Hospital • Pharmacy on-site & on-site parking • Zoning allows for many uses • Units from 750-1,500 sq ft • Lease rates from $710 - 1,420/month

0516_DJW_4_0051

EXCLUSIVE

• Second floor space with private entrance • Excellent location across from "The Shops of Waterloo Town Square" • On GRT route and minutes from Hwy 85 • 1,016 sq ft (approximately) • $10.00/sq ft Net 0516_DJW_3_0063

MLS

453 PARK STREET, KITCHENER

MLS

0516_DJW_2_0093

LEASE 324 HIGHLAND ROAD WEST, KITCHENER LEASE 535 BELMONT AVENUE WEST, KITCHENER

$2 ,2

50 ,

LEASE 655 ERB STEET WEST, WATERLOO

Kitchener/Waterloo Guelph & Cambridge

Volume 16 Issue 02

• Retail space with fantastic roundabout exposure • Attractive in-line space with frontage on both sides • Units from 1720 - 3620 sq ft • $20.00/sq ft Net 0516_DJW_2_0077

• Retail units in busy plaza • High traffic corner with great street exposure • Units of 1,198 and 1,641 sq ft • $24.00 - 26.00/sq ft Net

0516_DJW_3_0078

• Office Space in quaint medical building in Belmont Village • Main floor space • 1,200 sq ft • $2,068/month Net 0516_DJW_2_0022

Christopher Coupal

John Markou

Theo Papadopoulos

Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101

Broker, Principal john@coupalmarkou.com 519-742-7000 x 102

Sales Representative theo@coupalmarkou.com 519-742-7000 x 103

CONNECT

0916

Please say you saw it in The Commercial Investor

COM_0916.indd 11

2016-02-26 4:12 PM

SOUTHWESTERN ONTARIO

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SOUTHWESTERN ONTARIO SECTION COVERING: Brantford Chatham Grey & Bruce Counties

Ingersoll London Owen Sound Sarnia Simcoe Stratford

St. Thomas Tillsonburg Windsor Woodstock

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca

NewSectionPages_FullColor2015.indd 4 COM_0916.indd 12

2015-03-19 3:47 PM 2016-02-26 4:12 PM

COMMERCIAL POTENTIAL IN TOBERMORY - $389,000

PRIME TOBERMORY LOCATION - $459,000

Both commercial and residential zoning on this Log Home in the Heart of Tobermory across from walking entrance to Visitor Centre. 6 yr old 3 bedroom Log home of exceptional quality and workmanships. Open concept living, dining, kitchen area. Large bedroom loft with sitting area and balcony overlooking the Tobermory Harbour. Covered front porch. 3 season screened in sun room also with views. Reap the benefits of living in this wonderful community and having your own business. Extra large lot with additional century log structure. Business potential. All this needs is imagination to make money. #428 4915_DJW_0037

You must pass this location going in and going out of Tobermory. Right on Highway 6, right on the path to the Ferry and Boat Tours, right north of the new Grocery store location, close to the clinic. This property is 1 acre in size with lots of parking. Lots of potential as retail store, professional office, dental office, doctor's office, co-op, plaza, restaurant, bar, fitness or massage theraphy, tourist depot or use your imagination. There's a 1600 plus square foot main building, extra large garage and huge shed. This property is on municipal sewer. Zoned C1 with lots of permitted uses. #730 4915_DJW_0038

TOBERMORY RETAIL - $499,000

LIONS HEAD INN - $619,000

Buy the assets, land and approx 5,000 sq foot building and start your own business. Or, buy the full package and run the existing well established Outdoor Goods store. The store sells outdoor clothing, footwear, fishing, hunting, camping gear and much more. There's an Army Surplus section and a "Gently Used Recycle" section. The current owners have been successful in obtaining two very high traffic draws to the store. Hunting and fishing licenses and LCBO bottle return. There's an Artist Co-Op renting the upper floor and an additional rental income from the office unit. #588.

Ideal central Bruce Peninsula location, this pub/restaurant/inn is located in a growing tourist community. Open year round, this establishment caters to locals, cottagers, tourists, Bruce Trail Hikers, boaters and winter snowmbilers. Operating since 1966. Restaurant, dining, patio and pub areas seat 104 people. There are 4 guest rooms. View of the Lions Head Harbour and Marina from the outdoor patio. Enclosed patio ideal for cooler summer evenings. History of revenue growth. Turnkey operation business, building, land and chattels. #712

4915_DJW_2_0040

4915_DJW_2_0013

11278697_4915

3:47 PM

COM_0916.indd 13

2016-02-26 4:12 PM

inthenews

AVISON YOUNG RELEASES 2016 CANADA, U.S., U.K. COMMERCIAL REAL ESTATE FORECAST Uncertainty, diligence, resilience and opportunity to define sector in 2016

s the books closed on another strong year for commercial real estate, 2016 opened differently – with some uncertainty and unresolved questions that could impact the way owners and occupiers invest and operate. The variables, however, are both positive and negative. To successfully navigate the real estate markets in 2016, stakeholders will need to keep a global perspective, stay abreast of changes in the broader environment and, increasingly, devise innovative solutions to complex problems.

personal wealth, and relative peace in much of the Western world,” comments Mark E. Rose, Chair and CEO of Avison Young.“The financial and real estate markets appear stable as we begin 2016, but variables now surfacing could undermine short-term prosperity. The year ahead seems to be the waning days of a prosperous cycle – perhaps even a cyclical top in liquidity, pricing and transaction velocity.”

These are some of the key trends noted in Avison Young’s 2016 Canada, U.S. and U.K. Forecast, released recently.

“At Avison Young, we believe that 2016 will be a very choppy, but ultimately stable, year, with interest rates still top of mind. In the U.S., interest rate increases mark a return to monetary normalization. The U.S. interest rate increase could actually have a positive impact on the markets. Canada has lowered its interest rates and employed a low-dollar approach to spur investment and buffer oil and other commodity weakness, while the U.K. continues with a low-interest-rate policy. Germany continues to be the stabilizing force in continental Europe, but shoulders the burdens of other countries in the EU. Meanwhile, our newest market, Mexico, is stable and opportunities to grow are available as the Mexican economy matures.

The annual report covers the office, retail, industrial and investment markets in 55 Canadian, U.S. and U.K. metropolitan regions: Calgary, Edmonton, Halifax, Lethbridge, Montreal, Ottawa, Quebec City, Regina, Toronto, Toronto West, Vancouver, Waterloo Region, Winnipeg, Atlanta, Austin, Boston, Charleston, Charlotte, Chicago, Cleveland, Columbus OH, Dallas, Denver, Detroit, Fairfield County, Fort Lauderdale, Greenville, Hartford, Houston, Indianapolis, Knoxville, Las Vegas, Long Island, Los Angeles, Miami, Minneapolis, Nashville, New Jersey, New York, Oakland, Orange County, Orlando, Philadelphia, Pittsburgh, Raleigh-Durham, Reno, Sacramento, San Antonio, San Diego County, San Francisco, San Mateo, Tampa, Washington DC, West Palm Beach and London U.K. “The global real estate industry has had a tremendous run. It has been more than six years since the Great Recession. During the steady climb back up, interest rates continued to decline, central banks unleashed quantitative easing, employment recovered and economies rebounded. The post-recession years have marked a period of rebuilding balance sheets and

COM_0916.indd 14

He continues: “As difficult as it is to acknowledge that we are entering a period of transition, we must remain clear-eyed as we undertake our 2016 strategic planning. Our industry has always been cyclical, and factors that negatively affect pricing or trading velocity are, in turn, countered with opportunistic buyers and lessees.

“Building resilience into our business plans and adapting real estate strategies to the evolving demographic, technological and political realities around the world will be critical.” Amy Erixon, principal and managing director, Investment Management for Avison Young, adds: “The three trends that will most influence investment markets in 2016 are market divergence, debt levels and digital disruption, while three technological trends to watch will be cloud-based apps, equity and debt crowdfunding, and a resurgence in interest in

2016-02-26 4:12 PM

renewable energy and energy management.” CANADA “The end of the commodities super cycle, uneven employment growth, disruptive technologies, e-commerce and workplace strategies – to name a few – are testing Canada’s otherwise stable commercial real estate sector,” comments Bill Argeropoulos, principal, practice leader, Research (Canada) for Avison Young.“After entering and exiting a technical recession in 2015, Canada’s economy will endure another volatile year in 2016, leading to disparities in regional performance.” Argeropoulos notes that a weaker-than-expected economy and an active development pipeline stymied the Canadian office market in 2015 – and will do so again in 2016 as the sector undergoes structural, rather than cyclical, changes. Commodity-based and development-laden markets will likely experience flights to quality, downward pressure on rental rates, rising vacancy and a shifting tenant-landlord balance. Depth of demand will stem from expanding requirements, a growing trend toward co-working spaces enabled by a mobile workforce, a race to attract talented millennials, intensifying urban-suburban competition, and American tenants looking to establish a foothold in Canada. Argeropoulos continues: “The retail sector is something of a chameleon, constantly adapting and transforming as a result of market forces. Omni-channel retail is growing exponentially, with retailers streamlining and providing better deals as pricing trumps brand loyalty and fickle customers comparisonshop instantly using apps. Meanwhile, brick-and-mortar stakeholders are leveraging their geographical reach to remain competitive. “On the industrial front, an established and expanding distribution and logistics-driven industry and a sustained U.S. recovery will provide upside, and a low Canadian dollar will fuel exports and boost a smaller, but more productive manufacturing sector. “Finally, on the investment front, Canada – in fact, the world – is awash in capital. Despite Canada’s finite investable marketplace, it is very much on the investment radar screen, with domestic players increasingly facing off with foreign buyers who are raising their real estate investment allocations.”

NOTABLE CANADIAN REPORT HIGHLIGHTS INCLUDE: OFFICE

year-end 2016, vacancy levels are expected to rise further, climbing to 12.9 per cent and 11.8 per cent for the West and East, respectively. Despite a modest decline from year-end 2014, almost 20 million square feet (msf) of office space (54 per cent preleased and representing 3.6 per cent of existing stock) was under construction across Canada at the close of 2015 – with 60 per cent of the total in Toronto and Calgary. Calgary and Toronto are among the 10 most active office development markets in North America, ranked fifth and seventh, respectively. Scarcity of urban land will shift developers’ focus from singlepurpose towards mixed-use, transit-oriented projects, spurring joint-ventures, while LEED is joined by the WELL Building Standard, and optimizing and future-proofing premises will remain paramount. RETAIL The retail sector saw new entrants operating alongside closures and downsizings. Traditional high-street retailers are bringing luxury to Canada’s regional malls: Nordstrom, Saks Fifth Avenue and Simons are all new anchors. On the other hand, Canadian Tire, Walmart and Lowe’s acquired strategic locations following Target’s retreat. According to the report: Positives in 2016 will include: A low dollar (which should discourage Canadian consumers from U.S. cross-border shopping, ultimately boosting domestic sales), relatively low vacancy, controlled new supply, solid population growth and strong mall performance. Negatives in 2016 will include: Uneven retail sales and GDP growth, record-high consumer debt and Canadian-U.S. exchange rates that could lead to higher wholesale costs and squeeze profits. INDUSTRIAL Canada’s industrial vacancy rate remains tight. Despite a healthy supply-demand balance, vacancy will rise to 4.6 per cent by year-end 2016 from 4.1 per cent in late 2015, based on current trends. With the exception of Halifax, single-digit vacancy rates persist, with five of the 12 Canadian markets surveyed displaying rates below the national average. Canada’s stable industrial markets claimed five of the 10 lowest vacancy rates in North American markets in 2015, with four of those markets expected to maintain their top-10 rankings by year-end 2016.

A burgeoning development pipeline, along with varying absorption levels, increased Canada’s overall office vacancy rate 110 basis points (bps) from year-end 2014 to close 2015 at 10.6 per cent. Vacancy rose in 12 of 13 markets surveyed, with six markets recording rates above the national average. Vacancy is forecast to rise to 12.2 per cent by year-end 2016.

Eastern markets saw a modest 10-bps year-over-year rise in vacancy, averaging 4.1 per cent at the end of 2015. Coincidentally, the Western markets combined for 4.1 per cent vacancy in 2015, having increased 70 bps from year-end 2014. As a result of new supply, the West-East spread will widen to 50 bps in 2016, as vacancy is forecast to rise to 5 per cent and 4.5 per cent, respectively.

Weighed down by the collapse in oil prices, the West-East divide has narrowed. Canada’s Western markets collectively witnessed a 210-bps jump in office vacancy, averaging 10.7 per cent by year-end 2015, compared with a 70-bps increase in Eastern markets, which finished 2015 at 10.6 per cent. By

Construction is ongoing, with more than 19 msf (40 per cent preleased) underway across the country at the close of 2015. This total is up from 16 msf at the end of 2014.

COM_0916.indd 15

Continued on page 46

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities 20 ARGYLE STREET SIMCOE, ON

32 MAIN STREET SOUTH WATERFORD, ON

519.426.8816 519.443.7727 ACTION PLUS REALTY BROKERAGE 1.866.426.8816 1.866.526.5204 Each Office is Independently Owned & Operated simcoe@coldwellbanker.ca www.coldwellbankeractionplus.ca waterford@coldwellbanker.ca

VIEW OUR MAGAZINES ON ANY

anytime, anywhere!

0916_DJW_0005

Southwest Ontario

DIGITAL DEVICE Published by

GREAT INVESTMENT PROPERTY 55 KENT STREET N., SIMCOE

• • • •

Income of $70,000 annually 10,000 Sq. ft. of space 3 storey building Current tenant has been there 10+ years MLS® $599,900 For More Information Call

Now you can view all Commercial Investor magazines online using any smartphone, tablet or desktop device.

Eva Dixon Sales Rep.

C 519-429-0550

4 BAY SELF SERVE CAR WASH. LOW MAINTENANCE BUILDING.

THECOMMERCIALINVESTOR.CA 11305596_0916

6 BAY, SELF SERVE CAR WASH. GREAT LOCATION AND MAINTENANCE FREE BUILDING. OTHER SITES AVAILABLE.

4515_DJW_0080

4515_DJW_0081

ABATTOIR SITUATED ON 2 ACRES. CENTRALLY LOCATED JUST OUTSIDE OF INNERKIP. 4515_DJW_0082

For more information please call:

Office: 519-273-2822 a-b Realty Ltd., Brokerage, Stratford ON Independently Owned and Operated

Kevin Williams

John Jantzi

BROKER

SALES REPRESENTATIVE

Cell: 519.572.2293

Cell: 519.571.3894

or visit our website at

www.ontariofarmsales.ca 11302551_0916

Please say you saw it in The Commercial Investor

COM_0916.indd 16

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

George Gicopoulos Sales Representative

OWNER USER RESTAURANT - WOODSTOCK - $795,000

Approximately 44,000 sq. ft. of land next to Walmart and Home Depot in Woodstock's prominent commercial node. The building is about 8,500 sq. ft. on main level with about 2,000 sq. ft. on second floor. Over 80 paved parking spots. Great exposure, location and investment for the future!

*Independently Owned and Operated

CAREFREE INVESTMENT PORT ELGIN

Great property next to Walmart in Port Elgin. Near the Bruce Nuclear Power plant. Two free standing buildings with national tenants, on 5 and 10 year corporate leases. Buildings less than ten years old on a property of 1 1/3 acres with 185 ft frontage on Hwy #21. 6% Cap Rate.

0916_DJW_2_0081

LONDON INVESTMENT 2.1 MIL

Great property with three strong tenants on over 2 acres of land. In London's most active north/east Commercial/Residential area. Good return on Investment with extra land for additional development. 225 ft. frontage on Highbury Ave. N. Call for details. 0916_DJW_1_1666

Southwest Ontario

Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepagecommercial.com www.geor g egicopou los.com www.royal l epagecommercial.com

11305025_0916

Royal LePage Triland Realty, Brokerage*

0916_DJW_2_0101

0916_DJW_1_0102

RETAIL/RESIDENTIAL PROPERTY - $699,000 Coffee Shoppe Tenant on main floor, on a 3 year lease with 2 renewal options. Five (5) residential apartments with Tenants paying their own heat & hydro. Building in great condition with recent renovations and building improvements. Great return on investment.

0916_DJW_2_0053

UPSCALE FAMILY RESTAURANT - INGERSOLL

BUSINESS & PROPERTY - $675,000

Great upscale family eatery, in operation for many years with great reputation and good sales and profits. Approximately 90 seats licensed under the LLBO. Very good condition. Excellent long term lease. Open 6 1/2 days, closed Sundays at 3:00 p.m.

0916_DJW_1_0063

Near London Burger Place $99,000 Cafes, Restaurants, Pubs, Big or small. We sell them all.

Great summer business in the best part of Long Point. Under 5 months of operations an makes enough revenue for the owner to take the rest of the year off. Easy operation; Ice cream, fries, arcase, Convenience, ATM, movies, ice. 10:00 A.M to 10:00 P.M. May till middle off Septemenber and could be extended for great sales & profits. Onsite parking plus municipal free parking at the front. 0916_DJW_2_0051

PUB/RESTAURANT LONDON LOCATION $229,000 Great business, low rent, long term lease, owner anxious

SUBS, WRAPS & PITAS $59,900 Monday to Friday 9 am to 4 pm Office building location, easy operation, great lease.

FAMILY RESTAURANT NEAR LONDON $247,000 - flexible

Please say you saw it in The Commercial Investor

COM_0916.indd 17

2016-02-26 4:12 PM

HAMILTON

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

HAMILTON SECTION COVERING:

Grimsby Hamilton Haldimand Stoney Ancaster Caledonia Cayuga Creek Dundas Dunnville

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca

NewSectionPages_FullColor2015.indd 6 COM_0916.indd 18

2015-03-19 3:47 PM 2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

FOR SALE

BRAND NEW

Cedar Park Plaza, Simcoe Ontario + Shovel ready to go 62,000 Sq ft Commercial Plaza + 35 Retail stores & offices for occupancy 2016/17 + Prime 5.2 acre site plus, 240 + parking spaces + Outstanding Investment opportunity & returns Asking Price $3,700,000 Investors your opportunity to own or develop this fantastic commercial plaza

For more information

Hamilton

OR LEASE

11305026_0916

Call Ed Bain

416-836-7686

(email) slandcorporation@yahoo.ca

11294087_0916

Larry Szpirglas BROKER

0516_DJW_0111

0516_DJW_0110

Tel: 905.648.4451 Email: larryszpirglas@royallepage.ca

Exceptional opportunity to own successful established business and iconic property on prime Hamilton Locke Street South location; property development and business expansion potential; several purchase options available for qualified buyers. Do not go direct. Contact Larry Szpirglas, Broker, 905-648-4451 for further information. Please say you saw it in The Commercial Investor

3:47 PM

COM_0916.indd 19

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

INVESTPRO REALTY LTD.,

VMYSL

BROKERAGE

Specializing in Multi-Residential Listing and Sales “Your Investment Partner for Life”

Dino Nicosia, Broker of Record

Direct: 905-870-5852 Email: dino@investprorealty.com

Kandy Thompson,

Sales Representative

Direct: 289-244-5627 Email: kandy@investprorealty.com

www.investprorealty.com 9 LEGAL UNITS

CONDO TOWNHOUSE COMPLEX, HAMILTON

24 UNITS, LONDON

Hamilton ASKING $700,000

Attractive converted old School House in Historic Norfolk Country (Simcoe). Great investment. Visit our website for details. 0516_DJW_1_0046

ASKING $1,499,000

Great East Hamilton location. Minutes to Redhill Express. Can be sold individually. Large 2 and 3 bedrm condos, with rents below market. For more details visit our website.

SOLD

Many recent upgrades. Rents have room for increase. Visit our website for details.

0516_DJW_1_0112

0516_DJW_0114

2015 Was A Great Year For Investors And Looking Forward To A Better 2016

D L O S 0516_DJW_0025

D L O S 0516_DJW_0028

D L O S

D L O S SOLD

0516_DJW_0026

D L O S

0516_DJW_0027

D L O S SOLD

0516_DJW_0029

0516_DJW_0030

“Ready to invest?...you deserve the best” Please say you saw it in The Commercial Investor

COM_0916.indd 20

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

INVESTPRO REALTY LTD.,

VMYSL

BROKERAGE

Specializing in Multi-Residential Listing and Sales “Your Investment Partner for Life”

Dino Nicosia, Broker of Record

Direct: 905-870-5852 Email: dino@investprorealty.com

Kandy Thompson,

Sales Representative

Direct: 289-244-5627 Email: kandy@investprorealty.com

www.investprorealty.com Hamilton

2015 Was A Great Year For Investors And Looking Forward To A Better 2016

SOLD

SOLD 0516_DJW_0031

SOLD

SOLD 0516_DJW_0032

SOLD 0516_DJW_0034

SOLD

SOLD 0516_DJW_0035

SOLD 0516_DJW_0037

SOLD

0516_DJW_0013

0516_DJW_0036

SOLD

SOLD 0516_DJW_8001

SOLD 0516_DJW_0040

0516_DJW_0039

SOLD

SOLD 0516_DJW_0041

SOLD

0516_DJW_0042

SOLD 0516_DJW_0043

0516_DJW_0044

“Ready to invest?...you deserve the best” Please say you saw it in The Commercial Investor

COM_0916.indd 21

2016-02-26 4:12 PM

Commercial Real Estate & Business Opportunities

Volume 16 Issue 02

The Importance of Using Leverage

Hamilton

What is leverage? It is an effective investment strategy of using borrowed money to generate higher investment returns. When you actually stop to look at the everyday real estate transactions, (buying a home)… a home purchase with only 20% down payment is actually using leverage! The key to leverage is the power of using “other people’s money (0PM) for a greater return. It should be noted that some sellers are willing to finance some or most of the purchase price of the property they wish to sell. Under such an arrangement, you can use leverage to purchase a property with very little money down. The fact of the matter is, using leverage in real estate investing is an exciting way to earn big yields on small dollars, and you should not fear taking a chance. When you are building real estate wealth, leverage will help you grow quickly without involving too much risk (as long as you watch out for some pitfalls, which will be discussed later). High leveraged investing in real estate is especially powerful when inflation is in full swing. High leverage investors have numbers going for them because property values rise faster than the interest charges on their borrowed money. Example: For example, with a $100,000.00 investment (10% down payment) an investor can acquire a property worth as much as $1,000,000.00. The buyer is essentially using a relatively small percentage of his or her own money to make the purchase, and the majority of the money is being provided by the lender. Real estate investors often refer to the remainder of the purchase price as "other people's money," since persons other than the borrower provided the money needed to make the purchase. Rewards: Assuming the property appreciates at 5% per year, the borrower's net worth from this purchase would grow by $50,000.00 in just 12 months. (5% x 8171452_3313

Please say you saw it in The Commercial Investor

COM_0916.indd 22

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

$1,000,000). It is the capital appreciation of the asset that brings wealth. In other words, the 100,000 investment produced a return of $50,000.00!

The Risk: To a lot of people, leverage means risk. The reason is that with leverage you may run the risk of unexpected negative cash ﬂow that could risk the investment. Assure the income generated from the property is able to support the expenses and all the carrying costs. Also be aware of unforeseen capital expenditures or sudden increase in interest rates which may tremendously impact the property cash ﬂow. To reduce that risk, always remember the old saying that “cash is king”; therefore unless you have deep pockets, you should always leave yourself a healthy cash reserve for the unexpected.

Hamilton

And that is not all! Remember that we have not factored in the debt reduction and cash flow over time. With a long term hold you will benefit from, the mortgage reduction, positive cash flow and increase in property value.

Summary: As we've demonstrated, using leverage in Real Estate oﬀers a number of advantages you simply cannot achieve in other investment vehicles. This explains in part why most wealthy individuals have either made or now hold the majority of their wealth in Real Estate. It is my sincere belief that when you compare the returns, risks and barriers to success, Real Estate should be a component of every successful investor's portfolio. By Dino Nicosia, Broker of Record Investpro Realty Ltd. www.investprorealty.com 8171394_0916

Please say you saw it in The Commercial Investor

COM_0916.indd 23

2016-02-26 4:12 PM

Volume 16 Issue 02

11292930_0916

Commercial Real Estate & Business Opportunities

Mazhar Roshan Sales Representative

905.929.9800

Direct

905.318.3800 24 Hr. Pager 647.609.9463 GTA Direct mazharroshan@sympatico.ca FOR LEASE STONEY CREEK - $2,200.00 P/M

Hamilton

Newly constructed commercial unit, 1100 sq. ft. with high basement (extra sq. ft.). Good for retail, office or commercial uses. Close to hwy, shopping, parks and on bus route.

BURLINGTON - $19,900

Long established. 30 years in business. Great location. No other competition in the area. Doing approx. $35,000 in monthly sales. Call for more information.

0916_DJW_2_0016

LAND FOR SALE

HAMILTON - $249,900

Location Location Location. Just off of Guelph Line on QEW. Hair Salon business for sale (established as a barber shop). Newly renovated and upgraded. Good opportunity for hands-on owner.

0916_DJW_0020

EAST HAMILTON

BROKERAGE I have qualifi ed buyers for up to $5m in commercial and investment buyers. Call for details.

Long established Pizza and Wings business. Doing over $50,000 sales per month. Low rent and long lease, real moneymaking business. Close to all amenities, schools and on bus route. Good for big family or business oriented individual.

0916_DJW_0021

0916_DJW_0022

RETAIL STONEY CREEK MOUNTAIN

PLAZA FOR SALE - $1,485,000

Located in highly growing neighbourhood on Stoney Creek Mountain next to new Walmart & Financial Institutes, in a plaza with 3310 sq ft retail space available (can be divided). Other tenants include drive thru Tim Hortons, Esso Gas Station, Avondale, Gino Pizza & many more. TMI 0916_DJW_1_0024 is estimated 10.00 PSF, immediate possession avail.

Rare find Commercial Plaza with anchor tenant. Net income is 104K, 0916_DJW_2_0085 offered at 7% cap rate.

Excellent investment opportunity for builder or your own home. Attractively priced bldg lots in prime Niagara area. Mins to QEW, Niagara Falls & US border. Nice country setting with munic water & n/gas avail. 12 lots to choose from, 1 with 4 acre parcel. Buyer responsible for costs, availability of permits levies & dev charges.

I HAVE QUALIFIED BUYERS FOR YOUR BUSINESS. CALL FOR INFORMATION. â€œMy Business is to Sell Your Businessâ€?

11294991_0916

Please say you saw it in The Commercial Investor

COM_0916.indd 24

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

Hamilton

8171399_0916

RE/MAX Escarpment Realty Inc Brokerage

4011 HWY 6, HAGERSVILLE $1,590,000 Valuable 10.06ac comm. prop in E. Hagersville. 60-90 mins S. of Toronto. Incs 3 bldngs - Bldng #1 - 14,000sf w/20 offices, 5 baths, 3 kitch, 3 sep. security zones, incs 4000sf htd warehouse. Bldng #2 - 9400sf, 7 bays, UL offices, rented to quality tenant. Bldng # 3 - 1800sf + 1300sf lean to. Huge pvd lot. Enviro reports avail. Zoned MG. 0916_DJW_1_0036

63 8TH CONCESSION, BURFORD $949,000

Pristine 37.57ac income producing property situated across from Burford's southern urban boundary. Incs century 4 bdrm home (circa 1900), 36x40 insltd stl clad wrkshp, 2007 w/conc. flr + 2 - 12x12 drs, 50x80 free-span I-beam building, rented to feed supply/retail tenant + 35ac vegetable soil. $21,100 annual income. *Zoned "A" 0916_DJW_1_0037 0916_DJW_1_0012

99 MAIN STREET N, HAGERSVILLE $484,900

868 NORFOLK ST S, SIMCOE $349,000

17 CAYUGA ST N - CAYUGA - $179,900

Rare 4.18ac multi-purp. prop. in Hagersville N. limits - 20/30mns S/Hamilton, 403 frnt 2.15ac incs renoed vintage 1.5 stry home (circa-1900) oozing w/charm. Ftrs orig. hrdwd, nat. stne FP, lrg. fam. rm, poss. in-law, 24x24 garage, 13. rear 2.03 ac, zoned D-Developmental - borders new subdivision. Maj. value in land! Investor Dream Property. 0916_DJW_2_0015

Turnk-key destination restaurant loc. mins S/Simcoe en route to Turnkey & Long Point. Incs apx. 4500sf building sit. on .82 ac lot w/233' road frntge, paved lot 20/30 vehickes, n/g HVAC, new comm. septic '14 well w/UV MAX syst. '15, LCBO licensed - 106(inside)-36(outdoor patio), "Silverware" syst....see att. equipment list. Incs. 1.5 stry dwelling. Asset purchase-No P&L. By apptmnt only! 0916_DJW_1_0052

Superbly priced comm. prop w/hi visibility in heart of Cayuga's revitalized downtown shopping district. Incs to 2 stry bldng offers 1200 sf retail space + 235 sq ft strg (at rear), 1450 sf 3 bdrm upr lvl resid. unit + full bsmnt. Operating for decades as Variety/Video/Lottery store w/ est. clientele. 0916_DJW_1_0011

14 ROBINSON ST, SIMCOE - $168,500

2007 MAIN STREET, JARVIS $125,000

2045 MAIN ST - JARVIS - $89,900

Great mixed use property offers a hi-exposure street lvl comm unit with long term tenant in place & 2 res units on the upr lvl. 1 bdrm currently rented out & freshly reno'd 2 bdrm that is available for rent. Parking in the rear produces income.

Est. profitable fast food restaurant business loc.in Jarvis's prime mn crnr. Boasts ex-visual exposure+hi-traffic/ pedestrian volume. Incs attractve det. bldng w/lrg paved pkng/multiple entries. Offers 724sf retail area, 266sf fully equipped comm. kitch, ofc+strg space. Contact LS re:lease terms-P&L/serious inquiries only!

Superbly priced 1 stry comm. bldg. in heart of Jarvis expanding town 40 mns SW/Hamilton-near Simcoe/P. Dover. Approx 1400 sf open conc. area incs lrg display wndws, bthrm, rear pkng (5/6 cars), n/g furn + c/a. Visual exposure w/hi-volume of pedestrian/vehicle traffic. Ideal retail/ofc/eatery. Survey avail. Sold as is.

0916_DJW_0034

0916_DJW_2_0001

0916_DJW_1_0013

Please say you saw it in The Commercial Investor

COM_0916.indd 25

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

8181662_0916

Ramzi Twal Sales Representative

MACRO REALTY

905.574.3038 CELL 905.741.7221 OFFICE

1.888.751.2229

ramzi@ramzitwal.com www.ramzitwal.com

RESIDENTIAL - COMMERCIAL INVESTMENT

Hamilton

Wellness clinic with massage therapists, acupuncture & nutritionist. Perfect for naturopath or chiropractor! Roster of 5300 clients included. Located in premium Ancaster Power Centre, 12 yrs established. High demand upscale location. 6 therapists with room to grow & 6/7 treatment rooms. Well tenured staff & tremendous upside potential. MLS H3174612

3-storey building next to Hamilton General Hospital. Building is zoned mixed use & is ready for renovation with building permit in place for 4 residential units & 2 Commercial on Main Floor. Solar panels on roof for extra income. MLS #H3174705 0916_DJW_0056

0916_DJW_0055

What our clients are saying about us “Thank you for your great service. This current ad will pay off & the price points are great $300,000 & up... ” - Nelson Conroy

D L O S

2914_DJW_0044

Oct 10 -

Nov 7, 2015 , Volume

INCORPO Full Coverag

15 Issue

RATING FRANCH

e Area Incl

uding Win

ISE AND BUSINESS

dsor, Ham

3 VALUE PRICE STOREY VACA NT BUIL D - WON’T DING - FOR LAST AT $2.49M ON SALE BUSY HAMIL TON MOUN

ilton, Toro

TAIN 19,000 square feet availab on 3 floors le plus full basement. Currently the up as a school,building is set with offices, classrooms, and medica computer labs. Each l and floor is 4750 sqft. The buildin great conditi g is in on with a and operati new roof ng elevato r. Located on the Hamilt on Mounta along the in, busy Upper St. corrido James r just North expressway. of Lease rate the per sqft. is $13 plus $2.49 million TMI or asking to purcha se.

Nicholas

Kazan, Broke Royal LePag r | Nicolas Von Bredo e Macro Realty Indepe w, Broke r Tel: 905-5 ndently Owned and , Brokerage Operated 74-3038 1-888-7512229 2115_DJ

QEW EXPO

W_0047

SURE/CLE

LE R SA FO

AR SPAN

/GRIMSBY

OPPORT

nto, Niag

ara Falls,

31-SUITE

UNITIES Kingston

ORAN APARTMEN GEVILLE T BUILDING

3715_D JW_001 9

Fanshaw

e Park Rd. & Richmon d St. (Coming January 2016) Welling Commiss ton Rd. & ione (Coming rs Rd.

Clear span 22,434 SQ.FT. Available building Located For (no interio seconds r column Sale. away from QEW with s), 38’ High Ceiling William Coldwell high profi DeJo le neighb . Banker ors. Commercial ng, Broker of 1155 North Integrity Real Record Estate Servic Oakville, e Road W, Suite7 Inc., Brokerage Tel: (289 ON L6M ) 291-5 3E3

June 2016)

Other locat

2 GREAT

ng@cbci.c

ION!

1715_D

JW_008

1-877-272-

Get The Comm

2952

ercial Inves

tor delivered

LOCATIO

Great Hour s of Oper ation 7:00 am - 3:00 pm

ions availa

ble acros

s Ontario

CALL TOIN LONDON, ON DAY developm

directly to

ent@obsid iangroupin c.com

your door!

See inside

for details

(COM)

068 Emai l: wdejo

BSCRIPT

FC_4115

FREE SU

and Ottawa!

$2,690,0

Well kept unique 4 storey, brick and stucco apartment with elevato building, r. The buildin previously g was a historic church built in 1891. It was comple inside and renovated tely gutted Features: in 1986. 11 Bachel or, 17 – 1-bedroom and 3 controlled – 2-bedroom suites; entry; electric heating; one gas hot-wa baseboard 2014, (owned ter ); all bathroo tank equipped ms with grab bars; new in Septem roof ber 2005; all corrido new carpet rs in lent downto October 2005. Excelwn locatio FOR MAR vacancy – n. Seldom currectly KETING no vacanc a Winston BROCHURE y. Davie WinCorp CALL: Realty Inc.,s, Broker of 45 Keats Real Estate Record Tel: 519-8 Cresc Brokerage, 36-2080 Fax: 519-8ent, Guelph, ON N1G 36-2081 Email: wjmda3B1 vies@rogers .com

JUST MINUTES TO THE CAMPUS OF THE UNIVERSITY OF WESTERN ONTARIO $379,000 The features of this 1 3/4 Storey investment include 5 bedrooms, 3 bathrooms, single detached garage for additional revenue & a Triple ‘A’ location. On the WEST side of Richmond St. Inside features include hardwoods & ceramics. Spacious layout with 3 “common areas” for studying, lower level laundry & newer furnace. Students will feel this is their “home away from home”. The benefits to UWO students is the easy access to campus & the quiet residential area for the serious students what wish to excel. The bus is within a block to Maisonville Mall & many amenities. This property will truly attract the best students! Call me to view anytime.

For information call 1.800.268.0077 Please say you saw it in The Commercial Investor

COM_0916.indd 26

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

Jennifer Spoleti Sales Representative

905-928-3446 spoletij@gmail.com

905-308-8333

11305137_0916

TURN KEY OPPORTUNITY IN HAMILTON!

9 34

Hamilton

RES/COM offers the best of both worlds in this newly renovated oversized investment opportunity.

Call Jennifer Spoleti to view today! 905-308-8333.

10339498_0916

0516_DJW_0112

For

Further inFormation:

John hryczynski Broker

(905) email:

REAL ESTATE BROKERAGE CommerCial

John@BBsrealty.com

www.BBsrealty.com

commercial real estate

real estate sales and leasing serviCes TURNKEY RESTAURANT FOR SALE

DOWNTOWN HAMILTON Prime downtown parking lot located near the GO station, Royal Connaught condo development, court buildings, hospital and most downtown services and amenities. An ideal site for a future high rise condo/office tower development. Currently this lot is leased on a net basis as a parking lot until 2017. Asking $1,790,000 Call LB for details

DUNDAS Prime plaza location & exposure on Governors Rd in West Dundas across from 3 schools in a large residential area. Unit 3: Ideal for fast food restaurant use or most other retail uses with some restaurant equipment in place to be purchased if food use and Unit 4-6: former medical offices with individual exam rooms w/sinks in each room. Ideal for medical, office or other retail uses (divisible). Immediate poss., abundant parking. Asking $18.95/sf net. Call for details.

Excellent opportunity to own this vibrant growing family restaurant business, licensed with patio opportunity, with an excellent corner location in the greater Hamilton region with abundant parking. Great long term lease with options. This 130 seat (plus patio) turnkey business was recently renovated and is ideal for a family business with growth potential or for a national brand to take this business to the next level. Asking $189,900. Call LA for details.

RETAIL/OFFICE FOR LEASE

0516_DJW_0100

RETAIL FOR LEASE

0516_DJW_3_0062

0516_DJW_2_0089

GREATER HAMILTON REGION

0516_DJW_1_0066

0516_DJW_1_0086

LAND FOR SALE

529-5900 x 240

170 SILVERCREEK PARKWAY NORTH, GUELPH Located on a major arterial road across from Willow West Mall. Many national tenants on this power retail strip. Unit 2 - 2,151 sf, former variety store, asking $13.95/sf and Unit 7 - 4,550 sf asking $12.95/sf, unit divisible from 1,250 sf, rates vary on size. Ideal for most retail or other uses, landlord may assist with improvements. Immediate possession, loads of parking. Bonus fee to agents.

EAST HAMILTON MOUNTAIN A first class busy regional retail complex, anchored by Metro Food, Shoppers Drug Mart, LCBO, department stores, banks & other retailers w/tremendous parking capacity. Available units include 4,036 sf, ideal for most retail uses and 1,520 sf: ideal for a bar/restaurant uses. Immediate possession.

EAST HAMILTON Attractive neighbourhood retail plaza in the heart of a high population mixed density res. area. Easy access to Red Hill Expressway. Units sizes vary from 786 - 6,800 sf with rental rates Economically priced from $9.95 - $13.95/sf net. Ideal for most retail/office uses. Landlord may assist with improvements. Abundant parking. Immediate possession.

Please say you saw it in The Commercial Investor

COM_0916.indd 27

2016-02-26 4:12 PM

Commercial Real Estate & Business Opportunities

Volume 16 Issue 02

Choosing a Commercial Appraiser COLLECTING, COMPARING, CALIBRATING

R Hamilton

ecently I’ve been asked the question “How do you choose your commercial appraisers” and this lead me to want to share this information with you. Appraising a commercial property is entirely different from residential appraisals as they involve a certain type of skill set, are costly, and can be considered more thorough. Undoubtedly, the service is important to determine the value of your investment while giving you a proper peace of mind. However, not being aware of key appraisal factors can turn the process into a complicated and overwhelming task. With that being said, I present to you the strategic way in which to choose your appraiser.

Firstly, it’s beneficial to know that a commercial appraiser in Canada is established upon the basis of professional standards and follow a model that includes responsiveness, transparency and being accountable to the public. More specifically, they are obligated to take all the necessary steps to complete the task and disclose their real estate knowledge, and even lack of, before accepting the assignment. It is also in their nature to ask you a few questions before the process. Don’t shy away if you are asked to present a variety of legal documents related to the commercial property itself. Documents such as leases, rent rolls, operating statements, property tax bills, diagrams and more. This is to ensure the appraiser is able to work to the best of his ability.

Things to Consider and Ask Before Hiring an Appraiser

What experience do you have? It is an obvious question to ask your appraiser, so don’t be afraid to do so! Here is where you unveil answers that will set the tone with the level of professional you are working with. Have they worked with properties in your area already? If so what types? Are they part of any industry organizations? Asking these questions ensures whether or not their experience can be aligned with your current property. Take this opportunity to also ask if he or she has a specific area of specialty, and if they know the market area. If you found an out of town appraiser, for instance, their given value will most likely be askew. Ask general questions about your targeted neighbourhood to get a sense of how much they know. Additionally it is beneficial to know the exact title of your appraiser. In Canada, there is a Canadian Residential Appraiser (CRA™) designation and an Accredited Appraiser Canadian Institute (AACI™) designation. According to Appraisal Institute of Canada, the first indicates that the appraiser is qualified to offer valuation and consulting services for undeveloped residential dwelling sites and dwellings not containing more than four self-contained family housing units. The latter, is a designation that grants members the qualification to offer valuation and consulting services and expertise for all types of real property. 11301473_0916

COM_0916.indd 28

2016-02-26 4:12 PM

Commercial Real Estate & Business Opportunities

Hamilton

Volume 16 Issue 02

Are you a full time appraiser? You may assume that your chosen appraiser works full time, but there are part-time professionals as well. Here is where you consider how well they know the market trends. It is certainly difficult for a part-time appraiser to keep up with a continuously changing market. Especially with larger, more valuable properties it is best you hire a full-time appraiser. What is your cost? Obviously cost is going to become a question, but it is important to not let the answer sway you. On one hand it is not wise to hire someone simply because they quoted you at the cheapest price, as this could actually cost you a fortune in the long run. On the other hand, being themost expensive doesn’t necessarily qualify them as the best. You should keep in mind both the appraiser’s credentials and the fact that you are paying for more than just an assessment itself.

What does my real estate professional think? If you’re really not sure about your options, you can always reach out to your realtor for a second opinion. Realtors work alongside appraisers so often that their knowledge can be beneficial. Most likely, they will already have someone in mind that they trust themselves. Overall, research is involved in the beginning, but as mentioned before, it can save you a substantial amount in the end. It’s also ideal to consider that not just you, but all partiesinvolved will reap the benefits. This includes your real estate agent, the borrower, and the lender. If you are currently looking for a commercial appraiser, a good place to start is with the Appraisal Institute of Canada. You can visit their website and input exactly what type of appraiser you are looking for. Likewise, if you want my personal opinion don’t hesitate to contact me directly. I always look forward to assisting you with your real estate needs.

Please say you saw it in The Commercial Investor

COM_0916.indd 29

11301474_0916

2016-02-26 4:12 PM

GREATER TORONTO AREA

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

GTA SECTION

COVERING: Ajax Alliston Bowmanville Bradford Bolton Burlington Brampton Concord, Durham Region

Etobicoke Georgetown Georgina Keswick Markham Milton Mississauga Newmarket North York Oakville Oshawa

Pickering Richmond Hill Scarborough Schomberg Sutton Toronto Tottenham Thornhill, Vaughan Whitby Woodbridge

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca

NewSectionPages_FullColor2015.indd 8 COM_0916.indd 30

2015-03-19 3:47 PM 2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

905-660-4949 info@jdf-realty.com www.jdf-realty.com

999 EDGELEY BLVD. UNITS 5-6, VAUGHAN, ON, L4K 5Z4

Massimo Farina BROKER (x224), Lara Tersigni BROKER (x223) Vito Simone SALES REPRESENTATIVE (x230)

0516_DJW_0058

FOR SALE PRESTIGE COMMERCIAL/INDUSTRIAL CONDOMINIUMS 0516_DJW_0059

85% SOLD

• 133 Milani Blvd.,Vaughan. Immediate occupancy • Call Lara Tersigni Greater Toronto Area

Residential development land for sale.

• 10,000 sf brand new office space in prestige Vaughan location available for sale • Call Lara Tersigni • Call for further information. Principals only!!!

by FOR SALE

FOR LEASE

• Prime Location • Hwy 400/Jane • 3427 SF + 1100 SF Mezzanine • 2 drive-in doors • Quality office finishes

• Prime Commercial • Hwy 7 Hwy 400 & 407 • 2069 SF in line space • Former Hair Salon/Spa • Great location. Must see!

0916_DJW_0044

FOR SALE

FOR LEASE

• Former Restaurant • Great exposure • Hwy 400/Jane St. • 2900 SF fully finished • High end space. Many uses

• Corner Industrial Unit • 5886 SF - Radiant heat • Hwy 7/Martin Grove Area • Very high end office finishes • 1Drive in DR

0916_DJW_0045

0916_DJW_0046

0916_DJW_0047

Call Massimo Farina, Broker (416) 409 4630 (905) 660 4949 FOR SALE EXCLUSIVE!

- 40,000 SF Freestanding building Vaughan - 4 TL – 2DI - 24’ clear -- 400 Amp

- Accommodates 2 tenants - Outstanding opportunity & Location

Principals only please, Call Massimo Farina, Broker (416) 409 4630 (905) 660 4949

FOR SALE – 50 Unit Apartment Building Etobicoke – FOR SALE • Exclusive/Principals Only $5.95 M • Call Vito Simone R.P.A.* • Direct 416-816-9482 • Office 905 660 4949 Ext 230

• Gross Income $525K+ • Close to Eglinton Ave. W. • Fully Rented Investment 9258736_0916

Please say you saw it in The Commercial Investor

3:47 PM

COM_0916.indd 31

2016-02-26 4:12 PM

Commercial Real Estate & Business Opportunities

Volume 16 Issue 02

SkyViews

Plumbing Preventative Maintenance - Part 2 by Frank Salemi, Municipal Mechanical Contractors Ltd

Plumbing Emergency

showerhead if there is sediment present.

As a owner or property manager, you know that residents and businesses view any plumbing issue as an emergency. While some plumbing issues may be urgent, there are others that can wait. Slow drains or pull-up drain stoppers that are off their hooks can wait for normal business hours for repairs. The following are issues that are red-flag piping emergencies and need immediate attention, no matter the time or day:

Slow drains usually mean dirty drains. Check each drain in each unit for drain speed. If a drain is slow, check the drain and the vent for clogging. Drains should fully swirl when letting water out. Bubbles coming from the drain is usually a sign of clogging. Unusual gurgling sounds are an indication of a potential venting problem.

•

Flooded bathrooms

•

Broken pipes

•

Overflowing toilets

•

Gas line leaks

•

Corroded pipes

•

Sewage leakage

Flush every toilet to make sure it works properly. Check all internal and external parts of the flush assembly for broken, rusted or missing parts. Make sure the toilet stops when filled. Signs of water on the floor around the toilet show a potential problem. Push each toilet gently to ensure it does not rock. Check for signs of mildew caused by standing water that has dried.

Greater Toronto Area

Property Manager’s Plumbing Checklist Proactive owners & property managers use a plumbing checklist for periodic inspections of their building’s plumbing. It serves as an early warning system to uncover problems while they are small and repair them. The following are items to check. Look for sign of leaks in pipes that are visible. These include puddles and water stains on the ground. Pay particular attention to areas where pipes run through walls or the building foundation. Be alert for signs of corrosion. If not repaired, corroded pipes allow for leaks and poor pipe connections. Symptoms of corrosion include green stains over and around brass or copper fittings and on shutoff valves. Older steel pipes show yellow or orange stains. Water pressure checks ensure that the water comes out with the right force from sink faucets and showerheads. When water pressure is low, it is often a sign of sediment buildup in the faucet or showerhead. Sometimes, low water pressure is a sign of a situation with the water line. Resident’s showers sometimes have low water pressure due to sediment clogs. Remove, inspect, and clean the

Check the burner chamber of the water heater for the building. Check for rust flakes in the chamber, and check the flame, too. Flames that burn blue are good, while flames with yellow usually mean the jets need cleaning. Drain the water heater periodically to remove sediment. Turn each faucet in the building on — water coming from the handle and valves need repair. Self-inspections take a little time depending on your building size. However, doing plumbing inspections on a regular basis stops small, inexpensive problems from turning into large, costly ones. Proactive property managers pinpoint plumbing problems while they are small and less costly to fix. The pre-selection of your plumber contractor allows for rapid resolution of problems, so tenants know you have their interests at heart, and the management knows you are on top of things and keeping plumbing service calls down. Article Provided by: Frank Salemi Municipal Mechanical Contractors Ltd Tel: 905-794-0800 www.municipalmechanical.com 8647857_0916

Please say you saw it in The Commercial Investor

COM_0916.indd 32

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

INVESTMENT OPPORTUNITY

Frank Loncaric Broker

IN MUSKOKA

Royal LePage Burloak Real Estate Services, Brokerage Independently Owned & Operated

905-634-7755 1 800.290.0163 0916_DJW_0058

11305947_0916

EARN 10% ON YOUR CARE FREE PURCHASE!

For more information call 905-897-9555

homeiwillbe.com/valley (PAT)RICK MURPHY ASSOCIATE BROKER

Summit Realty Inc. Brokerage

11305953_0916

COMMERCIAL BUILDING AND LAND FOR SALE

4150 square foot commercial building with two bedroom residential apartment upstairs and front office currently leased. Back 2,500 sq. ft. office will be vacant on closing. Zone "MXC" allowing wide array of uses. Whole main floor is currently used as office space. Great opportunity to relocate your business or simply to rent out and hold as an investment. Future development potential as well. Brant St./Q.E.W. $1,290,000. Call for details.

VIEW OUR MAGAZINES ON ANY

DIGITAL DEVICE anytime, anywhere!

Greater Toronto Area

› Fully managed townhouse rental › Backing onto a ski resort, ski in ski out facilities › Overlooking the lake › Next to Deerhurst Resort and its proposed half of one billion dollar Deerhurst Village › Steps away from golf, swimming, boating, fishing, skiing and Algonquin Park 4515_DJW_0041 › In Huntsville, Muskoka 4515_DJW_0043

11298089_0916

ATTENTION: Investors & Developers 3 Acres: Oakville already Commercially Zoned E2 for multi use as Medical Center, Offices, Vehicle Storage, Retail with Warehouse, Hotel, Restaurant & many more building permitted uses. Currently has a home and Second driveway for vehicle storage. Do not walk property without appointment.

$2,850,000

$2,400,000

LD O S

Now you can view all Commercial Investor magazines online using any smartphone, tablet or desktop device.

THECOMMERCIALINVESTOR.CA Published by

$950,000

Please say you saw it in The Commercial Investor

COM_0916.indd 33

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

ED COMPAGNONE BROKER

0916_DJW_0019

0916_DJW_1_0077

416.720.0654 Direct

905.731.2000

APPROVED CONDO SITE - BARRIE • Approved for 209,907 sq. ft. Gross Floor Area

COMMERCIAL/RETAIL - VAUGHAN • Large Open Area • 12,800 sq. ft.

• 220 residential apartment suites over eleven floors

• Corner Unit

• Suitable For Many Uses

• 4.74 Acre Site - Easy access to H.W.Y. 400

• High Density Area

• Close to downtown Barrie and Kempenfelt Bay.

• Weston Rd Exposure

• Spa Business Is Also Available For Sale

• .59 Acres of adjacent land also available

• Divided For Multi-Tenants

• Ample Parking

• Main Flr - High Ceilings Greater Toronto Area

FOR SALE •

Call Ed Compagnone 416-720-0654 Direct

11291986_0916

11265283_0916

Igor Chouminov President, Broker of Record

416.877.0326 igor@paiirealty.com

PAII REALTY INC.

Brokerage

INVESTMENT AND DEVELOPMENT REAL ESTATE

WANTED

Plazas and Shopping Centres

All Residential Land for Development

Apartment Buildings

Site Plan Approved Projects, Townhomes and Singles Family

Multi-Unit Industrial Properties

Commercial Land for Development

Residential investment Property

Land to Construct Custom Homes Farm Land and Land for Future Development

ACTIVELY LOOKING FOR: COMMERCIAL AND RESIDENTIAL PROPERTY FOR DEVELOPMENT SITE PLAN APPROVED PROJECTS RETAIL PLAZAS AND OTHER INVESTMENT PROPERTIES INVESTORS FOR REAL ESTATE PROJECTS ACROSS THE GTA! Please say you saw it in The Commercial Investor

COM_0916.indd 34

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

The Direct Source For All Your Mortgage Needs Providing Financing for Commercial and Residential Properties Residential Mortgages (1.95% 5 Year Variable) Private Funds from 4.99% in the GTA - Bad Credit, No Income Verification OK 1st and 2nd Mortgages Lines of Credit Commercial Mortgages Construction Financing Multi-Family Properties - CMHC Insured Up To 85% or Conventional

Greater Toronto Area

0% Down Payment Residential Purchases

Retirement Homes / Long Term Care Vacant Land

11297590_0916

1-877-777-7308 info@themortgageleaders.ca

Verico The Mortgage Leaders Inc. FSCO License # 10238

Please say you saw it in The Commercial Investor

COM_0916.indd 35

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

We Sell 1 Property

Every 36 Hours!*

www.AJLamba.com

416 502-9944

24 HRS

TRACY* NGUYEN

VIKRAM* CHOWDHARY

JAN* BLASKO

Medical Building Chance of a Lifetime to Build Your Dream Plaza/Building/Place of Worship! Land Zoned to Build 15,000 Sqft Building in Mississauga Location w/Prime 325ft Frontage on Busy Main Street! Close to Hwy 403 , 401 & 410. Don’t Miss this Rare Opportunity! Lots Of Parking Available! $2,000,000. ID#CI0900

Meat Processing Plant Very Rare Opportunity for Buyers to Own Prime Land! Excellent Location Less than 1 Hr From Heart of GTA! Approx 32 Acres of Agricultural Land w/Huge Frontage. Zoned for Many Uses! Features 4 Bdrm Home Approx 3000Sqft, Holding Barn for 100’s of Livestock & Meat Processing Plant! $900,000. ID#CI5309

Established Italian Pizzeria Once In A Lifetime Opportunity! 10 Yr Established Italian Pizzeria in Prime Location In Busy Plaza at High Traffic Intersection! No Franchise Fee or Royalties! Approx Sales $40,000 / Month + Very Low Rent of $3150/Month All Inclusive! Perfectly Situated Directly Across Canada Post. Turn Key Operation. $189,900

Convenience Store Franchise Excellent Opportunity to be Part of the Fast Growing Franchise Business! Convenience Store Located Inside Shell Gas Station in Prime Location! Great Walk-In Traffic! Income from Sales, Lottery Commission + ATM Rental! Mthly Rent $9,746.25 incl (TMI+HST+Property Tax+Common Area Main). $450,000. ID#CI0705

11237352_0916

AJ Lamba, Broker of Record

Greater Toronto Area

WE HAVE BUYERS

Established Nails Salon Excellent Business Opportunity. Fully Turn Key Operation in Prime Location! Main Lakeshore Blvd Exposure in Busy Intersection Between Clarkson & Oakville w/High Traffic! Beautiful Layout w/High End Fixtures. 10 Nail Stations, 8 Pedicure Stations, 2 Wrs, 2 Waxing/Facial/Massage Beds! $180,000. ID#CI960

Established Fabric Store Location! Location! Location! Great Business Opportunity! Very Busy Area Surrounded by Big Businesses. Huge Place w/Inventory! Monthly Rent $7100 Including TMI & Water. Approximate Monthly Sales $30,000! Lots of Parking Available! All Chattels, Inventory, Shelves & Racks Included. $175,000. ID#CI1310

Profitable Filipino Restaurant Work Less Earn More! 11 Year Est. Profitable Filipino Restaurant w/Loyal Clientele in Prime Location w/Great Exposure on Street! No Franchise Fee/Royalties! Amazing Sales + Very Low Rent $4500 + Utilities. Perfectly Situated in Central Commercial + Industrial Area! Turn Key Operation. $165,000. ID#CI1090

Lamba Realty Group Inc., Brokerage

Looking for...

*Gas Station up to $2 Million *Land for Development up to $2 Million *Dental Clinic For Sale or Lease *Motel up to $2 Million *Driving School *Sushi Restaurant in Brampton Minimum 2000Sqft

CALL US TODAY!

Established Indian Restaurant Great Opportunity to Own Your Own Business! 25 Years Established Profitable Indian Restaurant w/Take Out & Catering! Surrounded by Many Professional Offices & Residential Area. Loyal Customers! All Equipment Included. Current Lease until June 2018 for $3700/mth Including TMI. $125,000. ID#CI0450 *Based on Commercial & Residential Sales Volume Combined in 2015 *Salesperson

Please say you saw it in The Commercial Investor

COM_0916.indd 36

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities $189,900 On Richmond Row near the University of Western Ontario. These spacious & secure 2 bedroom units are always in demand for students & professionals.These units rent for up to $1500 per month. Call me & let's add this downtown LONDON condo to your investment portfolio. 0916_DJW_2_0027

ATTENTION INVESTORS

}

DOWNTOWN ST THOMAS Full service salon with 6 stations all set for a new owner/operator. Traditionally these chairs rent for $400/month. The upper 2 bedroom studio apartment is leased at $950/month. Priced now at $185,000!

Do you have children attending the University of Western Ontario?

CALL FOR MY EXPERTISE IN THE AREA OF STUDENT HOUSING OPPORTUNITIES NEAR THE UNIVERSITY OF WESTERN ONTARIO & FANSHAW COLLEGE. TAKE ADVANTAGE OF MY KNOWLEDGE OF THE CITY OF LONDON BY-LAWS & RENTAL LICENCING.

0916_DJW_2_0006

11303359_0916

NELSON CONROY 519-672-9880

London South - 334 Wellington Road S, N6C 4P6

nelsonconroy@royallepage.ca

William Hicks

Greater Toronto Area

Sales Representative

SALES REPRESENTATIVE

BURLINGTON, OAKVILLE, MILTON, HAMILTON Office, industrial, retail

INDEPENDENTLY OWNED & OPERATED BROKERAGE

0916_DJW_0050

williamhicks@royallepage.ca

0916_DJW_4900

0916_DJW_4800

Office: 905-335-3042 Ext 579

BurlOak real estate services BrOkerage

FOR LEASE

Quiet office building in central Burlington. 300-2,300 sq. ft. Multiple suites available Gross lease, call William for availability and rates.

2,000 sq. ft. clean industrial space. Close proximity to QEW between Guelph Line and Walkers Line. Gross lease, call William for availability and rates.

Quiet office space. Located in quiet West Burlington with close access to Highway. Gross lease, call William for availability and rates.

Information provided by owner and is not warranted by Royal LePage Burloak Real Estate Services Brokerage. Subject to change without notice. 11287063_0916

Please say you saw it in The Commercial Investor

COM_0916.indd 37

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

Commercial Team In Canada! *

Brokerage Independently Owned And Operated ** +

www.PBcommercialteam.com ** Sales Person

Broker

TORONTO WEST APARTMENT BUILDING

HULLMARK CENTRE OFFICE SPACE C EX

NL Y

PA L

C EX

Greater Toronto Area

Premium office space at Tridel’s new Hullmark Centre at Yonge & Sheppard! Approx. 916 gross Sq. Ft. with floor to ceiling windows overlooking Yonge St. and underground access to two subway lines! For Sale! Call for pricing!

Attention Investors! A 96 unit, low maintenance apartment building located in a superb West Toronto location. Sitting on over 2 acres this practically runs itself and with rarely any vacancy! $13,250,000

PRIME MISSISSAUGA AUTO LOCATION

OFFICE SPACE! DON MILLS / LAWRENCE

YOUR BUSINESS HERE

• • • • •

Stunning 3383 Sq. Ft. office space in rarely offered, modern class ‘A’ office building at prime ‘Shops At Don Mills’ location! Current medical office w/hundreds of thousands in superb leaseholds. Can be used for any professional use; tons of windows/great views!. $18.95/Sq Ft. Net

WORLDWIDE TROPHY ASSETS!

PRINCIPALS ONLY

Downtown Manhattan skyscraper! Both comm & retail space: $975M Las Vegas, NV casino! 21 floors on approx. 37 acres $475M Brooklyn hotel, popular hotel chain, over 320 rms $169 M Las Vegas, NV hotel / casino over 3,800 rms, 80% complete $470M NY City hotel, 140 rms, 3 star asset, approx. 5% CAP $103M

11276658_0916

Turn-key 4,354 Sq Ft automotive operation in modern high traffic Mississauga Plaza! Previous Goodyear location at busy Dundas/Mavis intersection. Beautiful exterior w/ amazing street exposure! Large reception/sales area, huge garage w/ 19+ft ceilings, large mezzanine, 3 front bay doors & 3 rear bay doors! $23.50/Sq. Ft. Net

www.PBcommercialteam.com | Team@PBTeam.com 5071 Highway 7 E., Markham ON L3R 1N3 *Based on Re/Max Canada commissions in 2014 1st Q

All Listings are MLS unless otherwise noted. Not intended to solicit clients already under contract.

Please say you saw it in The Commercial Investor

COM_0916.indd 38

2016-02-26 4:12 PM

Volume 16 Issue 02

39 10929735_0916

Commercial Real Estate & Business Opportunities

RONAN REALTY, BROKERAGE Each Office Is Independently Owned & Operated

Fo r m o r e i n fo g o t o w w w. r o n a n r e a l t y. c o m

4575 TECUMSETH TOWNLINE

5274 SIR FREDERICK BANTING

Future Development Land! Located Across from Residential Development in the town of Alliston and abutting developer owned land! 90.4 acres high with 2 road frontages across from Honda of Canada & the Town of New Tecumseth Recreation Center. Ready for application in next official plan update. Industrial park to the East, South of Residential Subdivision $7,232,000 Marc 0916_DJW_0028 Ronan*** 1-888-936-4216

70+ Acres of Development land adjacent to existing residential growth and construction. Ready for application in next official plan update. New subdivisions in immediate area, Walk to Honda, Alliston Designated Provincial Growth Area. Regional Sewage Plant Upgraded to Accomodate Growth. $5,659,200 Marc Ronan*** 1-888-936-4216

LOT 31, CONCESSION RD 7

6494 9TH LINE, NEW TECUMSETH

Greater Toronto Area

0916_DJW_0029

84.4 acres abutting residential development in areaâ€™s fastest growing community. Surrounded by existing development with two road stubs to east on Municipal services. Flat, clear acreage minutes from Honda. Entirely maintenance free clean crop land. Zoned rural, in 2 deeds. Both deeds in land titles absolute. Perfect land banking earn solid crop related income while waiting for this parcel to mature to the development stage. $2,995,000 Marc Ronan*** 1-888-936-4216 0916_DJW_0030

Private Country Estate, 68 acres of hardwood forest, ponds & your own 9 hole golf course. Fully equipped pro shop, workshop, ample storage & parking. Have your own course or continue existing public play. Large custom raised bungalow, 3+2 bedrooms, multiple walkouts, manicured lawns. $1,395,000 Marc Ronan*** 1-888-936-4216 0916_DJW_0031

36 SWITZER ST. NEW LOWELL

258 CHURCH ST. S ALLISTON

93 acre development parcel abutting residential development in New Lowell, just outside growing Barrie. Approximately 88 acres workable land. Located inside the development boundary expansion area. Large Greater Toronto Developer in same area. $1,700,000 Marc Ronan*** 1-888-936-4216

15 acres - Urban industrial zone, ready to go with services available. Beside major users such as Honda of Canada, Gibson Transport, Nissin Transport. Growing South Simcoe and Alliston. Ready to build or owner may divide. $250,000 per acre Marc Ronan***1-888-936-4216

0916_DJW_0032

0916_DJW_0033

Please say you saw it in The Commercial Investor

COM_0916.indd 39

2016-02-26 4:12 PM

trebreport

GTA REALTORS REPORT commercial market figures

oronto Real Estate Board President Mark McLean announced that TREB Commercial Network Members reported a combined 240,606 square feet of industrial, commercial/retail and office space leased through TREB’s MLS System in January 2016, for properties where pricing was disclosed on a per square foot net basis. This result was down from 349,270 square feet of leased space in January 2015. Industrial properties accounted for approximately 60 per cent of space leased. The month of January is often quite volatile from one year to the next in terms of the types and sizes of properties that are leased. For this reason, average lease rates for reported transactions varied markedly between January 2015 and January 2016, with the average industrial lease rate up

January 2016: Per Square Foot Net Commercial Leasing Summary Lease Transactions completed on a per square foot net basis with pricing disclosed on TorontoMLS

substantially year-over-year and the average commercial/ retail lease rate down substantially. “The way in which the GTA commercial real estate market unfolds in 2016 will depend a lot on how the regional economy adapts to the lower value of the Canadian dollar. To date, we have not seen a full resurgence in the goods production sector, particularly as it relates to exports. If export-related production starts to increase, it is possible that commercial sale and leasing activity could increase this year as well,” said Mr. McLean. There were 40 combined industrial, commercial/retail and office sales reported in January 2016. This result was down compared to 53 sales reported for the same period in 2015. Similar to the leasing market, sales results for the month of January can be quite volatile, which can periodically lead to larger swings in average sale prices on a per square foot basis. As the number of transactions picks up through the first quarter, in line with the recurring seasonal trend, the volatility in average selling prices is expected diminish.

January 2016: Commercial Sales Completed with Pricing Disclosed on TorontoMLS

Leased Sq. Ft.

Sales (Price Disclosed) Jan 2016

Jan 2015

% Change

Industrial

-50.0%

61.4%

Commercial

-5.6%

38,183

-21.9%

Office

11.1%

349,270

-31.1%

Total

-24.50%

Jan 2016

Jan 2015

% Change

Industrial

142,527

268,799

-47.0%

Commercial

68,249

42,288

Office

29,830

Total

240,606

Avg. Sale Price Per Sq. Ft. (Pricing Disclosed)

Average lease rate Jan 2016

Jan 2015

% Change

Industrial

$6.77

$5.20

30.3%

Commercial

$14.16

$19.17

-26.1%

Office

$14.74

$13.71

7.6%

COM_0916.indd 40

Jan 2016

Jan 2015

% Change

Industrial

$64.23

$86.11

-25.4%

Commercial

$194.18

$208.34

-6.8%

Office

$222.90

$313.53

-28.9%%

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities SELLING REAL ESTATE FOR OVER 25 YEARS

Platinum Award Winner

Bill Morrison SALES REPRESENTATIVE

Direct:

905-619-9500

Heritage Realty Inc., Brokerage Independently Owned and Operated

Email:

morrisonb@sutton.com

TORONTO

Incredible 7 unit apartment building. All units have been completely renovated. Windows and doors replaced. Newly paved lot.

$1,399,900

0916_DJW_3_0075

Prime well maintained retail plaza. 5% CAP. Variety of quality tenants on major street. Lots of parking. ASKING

$3,800,000

CLARINGTON

TORONTO

ASKING

$2,799,999

Fantastic office building with lane access to fenced in yard. 10 car parking. Bathurst and Queen St. location. 2nd storey with 10' and 12' ceilings and skylight. Approx. 4100 sq ft plus useable full basement. Why lease? Very busy area

0916_DJW_2_0052

Prime commercial corner location on 4.18 acres with detached 2 storey house. Plaza leased with 6 tenants. Huge lot close to 407 expansion. $2,700,000

0916_DJW_3_0058

OSHAWA

MIMICO Investment property. 6 units fully rented. Great location! Humber River & Lakeshore. Just listed! ASKING

$1,550,000

0916_DJW_0064

Great commercial income property in downtown. 4,000 sq ft freestanding building.

ASKING

BOWMANVILLE

$675,000

$410,000

0916_DJW_0066

OSHAWA Used car lot. Property paved with lights and spaces. Office with washroom on busy Simcoe Street. Tenant can stay or go. Priced to sell!

Downtown on Main Street. 2 commercial & 1 apartment. Tenants willing to stay. Fully rented. ASKING

0916_DJW_1_0073

Greater Toronto Area

ASKING

10527900_0916

Toronto line: 416 798 7278

0916_DJW_0065

ASKING

$399,900

0916_DJW_0063

I URGENTLY NEED MORE PROPERTY TO SELL IN ALL AREAS,

BUYERS ARE WAITING.

Call Bill Morrison to sell yours! FREE consultation call Bill 905-619-9500

COM_0916.indd 41

2016-02-26 4:12 PM

CENTRAL ONTARIO

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

CENTRAL ONTARIO SECTION COVERING: Barrie Collingwood Muskoka North Bay Kawartha Lakes Midland Meaford Paisley Parry Sound

Orillia Owen Sound Sudbury Walkerton Midland Meaford Kawarttha Lakes Muskoka North Bay

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca

NewSectionPages_FullColor2015.indd 10 COM_0916.indd 42

2015-03-19 3:47 PM 2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities 8313781_0916

Bill Byers Sales Representative bill-byers@coldwellbanker.ca

TEMISKAMING REALTY LTD.,

RESTAURANT Turn key set up, good condition & high traffic location on Hwy #11 in Latchford. Lots of parking, only restaurant in the area. Asking only $89,900. MLS 153116.

0516_DJW_0020

E IC R P W E

0516_DJW_1_0033

$59,900 Affordable 2+2 bedroom bungalow with walk out basement. Extra lot in the back for parking. Rented for $600/mth plus utilities. Excellent income or investment opportunity. Cobalt. MLS 150148 0516_DJW_1_0142

0516_DJW_1_0040

COBALT Large solid block 4739 sq' building downtown. Former Grocery Store, recently used for storage by Mining Company. Many possible uses here. Asking only $64,900. MLS 152021

0516_DJW_3_0018

LCBO & GAS BAR Great turn key business on Hwy #65 West, in Kenabeek. Includes Gas & Diesel, Variety Store, LCBO, Lotto, Bottle return, Post Office, large 5 bedroom apartment, garage all on 1.47 acres. Lots of potential here for variety of uses with no zoning. Asking $249,900. MLS 152104

New Liskeard, Northern Ontario

0516_DJW_2_0041

www.temiskamingrealty.com 1-866-557-1110 705-647-1110

BROKERAGE

GAS STATION Large Commercial Building 4285 sq' on the main Street in Elk Lake (Hwy # 65 & 560) across from the Montreal River. Vacant, former gas station, restaurant, repair shop with hoist & owners apartment (not finished). Asking $159,900. MLS 152302

HIGHWAY #11 Great location for visibility & access. Surrounded by Hwy #11, #569 & Development Road. Fully fenced & graveled 2.34 acre property with 3 gated entrances. 40' x 60' 3 year old well insulated shop with office & storage. Lots of potential with general Industrial Zoning 9 miles north of New Liskeard. Asking $229,900. MLS 153288

"OPPORTUNITY IN ELLIOT LAKE"

VIEW OUR MAGAZINES ON ANY

Central Ontario

DIGITAL DEVICE anytime, anywhere!

0516_DJW_8888

Published by

0516_DJW_0002

• Well established retirement town, starting to grow again. • Paris Plaza has space from 800 sq ft to 3000 sq ft. with opportunity to combine for large requirements. • Space for a Former Mini Mart open for 30 years, • Office and retail also available. Now you can view all Commercial Investor magazines online using any smartphone, tablet or desktop device.

THECOMMERCIALINVESTOR.CA

• Take a look at moving your business here. Call Jane Allison for more information.

1-905-734-0558 jgamcleod@gmail.com

11304868_0916

Please say you saw it in The Commercial Investor

3:47 PM

COM_0916.indd 43

2016-02-26 4:12 PM

inthenews

COLLABORATIVE WORK SPACES ARE THE OFFICE REVOLUTIONARY TREND, says Colliers International’s Waterloo region market outlook report

mployers have recognized the corporate value of collaborative work spaces and are calling employees back into the office, according to Colliers International’s seventh annual Waterloo Region Market Report.

“We are seeing what we term a revolution, in that office space is now being used very differently from previous years,” said Karl Innanen, Colliers International’s Waterloo Region managing director.“In the past, many employees worked offsite – from their homes, their cars or coffee shops. Now, employers see the value in creating a corporate culture within their office space, where conversation and interpersonal exchange spark ideas, innovation and a collaborative engagement, which all lead to greater effectiveness and efficiency in daily work.” The Colliers Waterloo Region Office Report shows that employers are using creative amenities within the workplace, such as games rooms and open meeting spaces, to engage employees. Colliers also notes that unique spaces such as renovated and exposed brick and beam buildings are now the most attractive type of office space, especially for creative agencies and technologyfocused companies.

“Of this $900 million, fully one-third of these sales were multi-unit apartment buildings,” said Innanen.“Most notably, the Waterloo Region is becoming a ‘vertical city’ that is growing up, rather than spreading out. We are seeing many more high-rise rental apartments and condominiums being planned and constructed. We also know the new Light Rapid Transit in the Region will assist greatly, as investors have seen past the inconvenience of the current construction period and now very clearly see the eventual long-term benefits the LRT will bring to the Region,” he added. Colliers International Group Inc. is a global leader in commercial real estate services with more than 16,300 professionals operating from 502 offices in 67 countries. For more information visit Colliers.com.

Innanen said that Colliers was involved in the transaction that saw Google Canada open its largest Canadian office in the Waterloo Region, pointing to the depth of innovative talent in the area and its very reasonable cost of living, relative to other Southern Ontario urban areas. The Colliers report also covers the industrial market, providing comparison figures between 2010 and 2015 in terms of vacancy rate, availability of space and average deal sizes. The industrial vacancy rate has risen slightly in the last five years, standing at 6.82 per cent in 2015 versus 6.70 per cent in 2010, while the availability rate has dropped from 6.86 per cent in 2010 to just 5.46 per cent last year. Industrial deal sizes have grown since 2010, when the average deal size was 35,626 square feet, to an average deal size of 40,645 square feet in 2015. The average industrial deal size in the past five years has been 38,225 square feet. The Colliers industrial report highlights the continuing strength of the Waterloo Region investment market. While 2014 was a record year that saw approximately $1 billion in investment sales, an amount dramatically above the $650 million in sales in an average year, 2015 showed little slowing, seeing approximately $900 million in investment sales for the second best year ever. This result again points to the strength of the market for investment dollars. Colliers International indicates that demand is continuing to outstrip supply in Waterloo Region, with far more buyers than sellers in the investment marketplace.

COM_0916.indd 44

Karl Innanen Managing Director, Waterloo Region Colliers International Waterloo, ON

2016-02-26 4:12 PM

NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION COVERING: Lindsay Peterborough Port Hope Bowmanville

EASTERN ONTARIO

Cobourg Trenton Belleville Kingston Northeastern Ontario

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca

NewSectionPages_FullColor2015.indd 11 COM_0916.indd 45

2015-03-19 3:47 PM 2016-02-26 4:12 PM

Continued from page 15

Toronto, Canada’s largest and North America’s third-largest industrial market, remains the biggest Canadian development market with 6.6 msf (34 per cent of the national total) underway, followed by Vancouver (5.6 msf, 29 per cent). INVESTMENT According to the report, investment capital continues to flow – constrained mainly by a lack of available quality product. Approximately $24 billion worth of property was sold through mid-December 2015, down from the 2014 total of $26 billion. In 2016, prime assets will be contested, with greater emphasis on urban land and development potential. More partialinterest sales are anticipated as owners reduce risk and take profits, attracting reluctant buyers back into the market. Competition may encourage more off-market activity while emerging CRE crowdfunding platforms are set to revolutionize online investment offerings. U.S. While 2014 marked a return to pre-recession employment levels in the U.S., further economic growth solidified the nation’s overall recovery in 2015. Nearly every market registered employment growth, maintaining the U.S. unemployment rate’s downward trajectory. This stronger economic performance was reflected in gains across all commercial property sectors. “As we had forecast for 2015, we saw continued positive absorption across most U.S. markets with a stabilization of cap rates for all property types. Job creation continued during 2015, exerting downward pressure on vacancy and driving rental rates steadily higher,” comments Earl Webb, President, U.S. Operations for Avison Young.“Rising property values predominantly reflected these strengthening fundamentals rather than compressed cap rates. Demand from foreign and domestic capital sources remained strong and, as predicted, began to migrate into secondary markets as investors sought higher yields. “U.S. presidential election years tend to be years with less dramatic economic movement, a factor that we believe will hold true in 2016 – barring some unforeseen out-of-market event that could disrupt financial markets. We foresee solid investment activity, continued job growth, and, as such, fundamental rent growth in the office, industrial, retail and multi-residential sectors.”

NOTABLE U.S. REPORT HIGHLIGHTS INCLUDE: OFFICE Common themes, such as a flight to quality and space design efficiency, mixed-use and transit-oriented development and occupiers’ preference for live/work/play environments, persisted in 2015. As well, the emergence of creative office space in non-traditional locations is growing in response to tenants’ desire for collaborative work environments. The U.S. office markets tracked by Avison Young totalled 4.4

COM_0916.indd 46

billion square feet (bsf) at the close of 2015. Overall vacancy declined 60 bps year-over-year to 12.4 per cent. All but six markets recorded lower rates when compared with year-end 2014. Only Houston displayed a substantial vacancy increase (27 per cent), climbing to 13.1 per cent at the close of 2015 from 10.3 per cent one year earlier. At year-end 2015, the amount of office space under construction in the U.S. had increased to almost 86 msf (52 per cent preleased), up from 68 msf one year earlier; however, there is no real threat of oversupply in the near term. Once again, New York (13.2 msf), Houston (9.7 msf), Dallas (8.1 msf) and Washington, DC (8 msf) had the most development underway. Modest improvement in the U.S. office vacancy rate is forecast for 2016. While new construction is preleased, absorption may again be tempered by tenants shifting to smaller and more efficient footprints. “From an occupier perspective, we have seen a slight decrease in capital deployment, primarily related to economic uncertainty, and the occupier tendency toward risk aversion, shorter leases and optimization of space usage may continue in 2016,”Webb adds. RETAIL Suburban office parks are adding amenities for occupiers and the uptick in multi-residential developments can account for necessary retail expansion. Several markets, such as Miami, are reporting low single-digit retail vacancy. There was an upswing in urban-centric and lifestyle retail following downtown residential development. Big-box stores, such as Target and Walmart, continue to make inroads in these urban locations, creating additional competition for traditional department stores. Continued progress in the sector is expected in 2016 as retailers respond to shifting residential trends and lifestyle habits. INDUSTRIAL The U.S. industrial markets tracked by Avison Young comprised 10.3 bsf with a low (6.3 per cent) vacancy rate at year-end 2015, compared with 6.8 per cent one year earlier, and tight market conditions have kept rental rates on the rise. Speculative construction has returned and, altogether, 130 msf is underway, driven by operators’ need to be closer to the consumer and demand for modern buildings to handle automated individual- and bulk-order processing. Six U.S. markets each had construction volume equal to or exceeding 10 msf and together accounted for 64 per cent of the nation’s total: Dallas (17.4 msf), Los Angeles (17 msf), Atlanta (14.6 msf), Philadelphia (14.3 msf), Houston (10.7 msf) and Chicago (10 msf). Supply-chain logistics are triggering a rise in warehouse

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

Jack Huitema Broker of Record

905-774-7624

220 Broad Street East, Dunnville, ON N1A 1G2 Each Office Is Independently Owned & Operated

ST. ANNS - POULTRY OPERATION ON 50 ACRES 4 bedrom main brick house, + 2 bedrm help house. 2 barn operation with 60,000 sq. ft. of slatted floor with nesting and egg collection to egg packer. 0916_DJW_0037

0916_DJW_0038

BRIGHTON - FULL SERVICE GARDEN CENTRE Open year round. 3.8 acres with 34,000 sq. ft. of Greenhouse. Natural gas heat. 3600 sq. ft. steel building houses store and retail space. Large parking lot. Business showing excellent returns. Vendor will assist new owner. 4115_DJW_0016

4115_DJW_0017

www.coldwellbanker.com

development and the construction of intermodal facilities and inland ports that are designed to handle containerized shipment transfers. Infill development is underway in mature markets such as Chicago; however, land constraints in the country’s major metropolitan areas will likely keep such projects in check. New deliveries should have little impact on overall vacancy in 2016 as nearly half of all projects are already preleased. INVESTMENT Though transaction volume flattened later in the year, 2015 recorded double-digit percentage growth for U.S. sales, which exceeded $425 billion. A significant amount of capital poured into U.S. commercial real estate markets in 2015, and more of the same is expected in 2016.

growth has not – a situation that will create abundant investment opportunities, provided that investors have realistic expectations, are creative and manage their investments aggressively.” Webb concludes: “While 2015 sales volume was on pace to reach the half-trillion-dollar mark as year-end approached, there remains an abundance of capital available for real estate’s higher yields and relative stability in 2016.” Avison Young is among the world’s fastest-growing commercial real estate services firms. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,100 real estate professionals in 75 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family properties. Visit avisonyoung.com.

Eastern Ontario

11279879_0916

Canada led foreign investment in the U.S. in both 2014 and 2015. Through November 2015, Canadian investors had purchased $24 billion worth of U.S. assets, leading all other countries by a wide margin. “We foresee solid investment activity, continued job growth and, as such, fundamental rent growth in the office, industrial, retail and multi-residential sectors,” says Webb.“Cap-rate compression has largely run its course, but fundamental

Please say you saw it in The Commercial Investor

COM_0916.indd 47

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

“Your Commercial Connection in Eastern Ontario!”

jamie@ekortrealty.com

www.ekortrealty.com 8305397_0916

MUST SELL

RESTAURANT/APARTMENTS

U ED

0516_DJW_2_0064

0516_DJW_1_0065

• 4 acres • Currently 30 unit motel • Under receivership, make an offer

• Includes all restaurant equipment (as-is) • Restaurant not operating • Retrofit up to 6 residential units (now vacant) • Residential floors have not been occupied for 12 yrs.

www.parkmoteltrenton.com ASKING PRICE $1.8 MILLION

www.chinagate.ca ASKING $395,000!!!

RETIREMENT HOME

INVESTMENT PROPERTY

U ED

0516_DJW_2_0078

0516_DJW_1_0089

• Currently 20 beds • Site plan for 20 additional beds • Located in downtown core

• Sale-lease-back • CARE FREE to landlord • "Clean" facility - manufacture medical supplies • 58,000 s/f facility - 15 years old

Eastern Ontario

www.stirlingtowers.com ASKING $1.85 MILLION

www.155murray.com ASKING PRICE $4.1 MILLION PRIME DEVELOPMENT SITE

0516_DJW_0097

0516_DJW_2_0102

INVESTMENT PROPERTY

• 5 commercial tenants • 6 residential units • Annual income approx. $98,000

www.104dundas.com ASKING PRICE: $725,000

• Bancroft downtown core • Site size 2.16 acres • Site plan, engineering studies, zoning in place for 18 residential rental units and 12 new townhouse condominiums

www.emeraldhill.ca ASKING PRICE $895,000

Please say you saw it in The Commercial Investor

COM_0916.indd 48

2016-02-26 4:12 PM

NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION COVERING: Niagara Falls Niagara-on-theLake St. Catharines Thorold

NIAGARA

NIAGARA Welland Fort Erie Beamsville Fonthill Port Colborne

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca

NewSectionPages_FullColor2015.indd 13 COM_0916.indd 49

2015-03-19 3:48 PM 2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities Colliers International Niagara Ltd., Real Estate Brokerage 4056 Dorchester Rd. Niagara Falls, ON L2E 6M9 www.collierscanada.com 905-354-7413

Ralph Roselli

905-329-4175

0916_DJW_0067

11306014_0916

FIN

Mobile

ralph.roselli@colliers.com

443 EASTCHESTER AVENUE, ST. CATHARINES

ISH

L IFU

Sales Representative

Retail units available in a home decor plaza. Easy access to Q.E.W. Retail units feature fully built out showroom with offices and beautiful finishes. Ample on-site parking. Tenant mix: Bathworks Plumbing and Distinctive Lighting Concepts. Units can be combined to 10,400 sq. ft. Unit: 1 - 7,000 sq. ft. Asking Price: $12.00/sq. ft. NET & TMI $4.90/sq. ft. Unit 2 - 3,400 sq. ft. Asking Price: $10.00/sq. ft. NET & TMI $4.90/sq. ft. Contact Ralph today for a brochure or to request a showing. This is a must see property! 1318 DOMINION ROAD FORT ERIE 0916_DJW_0070

59 EASTCHESTER AVENUE ST. CATHARINES 0916_DJW_0069

0916_DJW_0068

13227 LUNDY'S LANE THOROLD

E AT

D UP

131 DIEPPE ROAD ST. CATHARINES

4536 PORTAGE ROAD NIAGARA FALLS

373 VINE STREET ST. CATHARINES

O XP

.E W

E. Q.

Niagara Peninsula

25,000 sq. ft. free standing industrial building located along the North Service Road. Large front display windows, 2 loading docks and 1 O.H. door, 14' clear ceiling height in warehouse, fenced compound. Asking Price: $9.00/sq. ft. NET. T.M.I.: $3.50/sq. ft. Available Immediately.

BROKERAGE APPRAISALS MANAGEMENT

0916_DJW_0073

Large retail unit available in a high traffic location. Unit 1 consists of 5,500 sq. ft., fully air-conditioned, new facade, windows and doors, public transit nearby. Asking Price: $12.00/sq. ft. NET. T.M.I.: $4.90/sq. ft. Available Immediately.

0916_DJW_0072

Mixed use multi tenanted industrial building. Unit 2 features 3,320 sq. ft. with combination warehouse, mezzanine and office. 10' x10' roll-up door at grade, 12' clear ceiling height and fenced compound available. Asking Price: $6.50/sq. ft. Semi Gross Utilities Extra.

0916_DJW_0071

Institutional building consisting of +27,000 sq. ft. Property is divided into 1 main building of 21,000 sq. ft., technical building of 5,990 sq. ft. and 2 portables. Ample on-site parking. Zoned Institutional and Highway Commercial. Asking Price: $5.00/sq. ft. NET T.M.I.: $2.50/sq. ft. Available Immediately

Multi tenanted industrial building. Unit available features + 12,000 sq. ft. of office and warehouse. Plenty of on-site parking, 14' clear ceiling height with loading dock. Short distance to Q.E.W. Situated on bus route. Asking Price: $4.00/sq. ft. NET. T.M.I.: $2.00/sq. ft.

Retail/Office unit available consisting of 1,100 sq. ft. with full basement. New forced air gas unit and 2 entrances. High traffic location near the corner of Scott Street and Vine Street. Close proximity to Grantham Plaza. Asking Price: $1,400.00/month plus utilities.

Accelerating success. Global leadership in real estate solutions.

Please say you saw it in The Commercial Investor

COM_0916.indd 50

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

Larry “BILKO” Bilkszto Your Local Sales Representative Since 1989 Garden City Realty Inc. Brokerage Independently owned and operated

Email - bilko@rgcmail.com Web - www.bilko.ca

(905) 641-1110 • (905) 563-3330 Toll Free (866) 575-9400 8494906_0916 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES 4.4 Country acres. Past use was a grape juice production site. Production facility approx. 12,000 sq. ft steel bldg, 40' x 50' detached workshop & solid brick bungalow w/full bsmt. 3 phase hydro. In need of separate hydro meters. basement w/laundry rms. repair. Sold 'as is' under P.O.S. $699,800 building. $399,800 8 acres fenced pasture, approx 6 acres bush & balance cash crop. Large eat-in country kitchen with wood stove, hdwd floors, main floor laundry & 3pc bath. Sunrm, formal living rm & dining rm with 2 main floor bedrooms & 2 more on 2nd floor. Numerous out buildings. $449,800

Legal 4-plex semistyle! Paved drive w/4 paved parking spots. Downtown St. Catharines on bus route & walk to all amenities. 4-2 bedroom apts, 4 Full, partly finished Well kept investment

HORSE FACILITY ON 10 ACRES! 160' x 65' indoor arena, 28 stall barn, outdoor sand ring & jumping ring, 7 paddocks, pond, h a y m o w . R e n o v a t e d bungalow, attached double car garage. 3 bedrooms up, 3 pc & 4 pc baths. $699,800

A rare offering in the Niagara Peninsula wine country!! 90 acre vineyard. True bench land located in the 20 Mile bench sub appellation. Excellent location for a winery site just off Reg Rd 81 wine route + only minutes off the QEW. Approx 51 acres have producing vines of cab franc, cab sauv, baco, vidal & riesling. Another 27 acres are tile drained & ready for planting, offering your choice of new varietals to be planted! Approx 5 acres of bush & another 5 of headlands. This parcel also has a modest 2 bedroom bungalow & large outbuilding 40x32'. 200 amps. A 5yr contract could be put in place for the purchase of all the grapes harvested off this vineyard if the buyer so desires. This one of a kind vineyard consists of 4 merged parcels. $1,684,800

SPECIALIZING IN FARMS, AGRICULTURE, GREENHOUSES, ETC.. IN THE NIAGARA REGION!

11301571_0916

STEPHEN CANJAR BA MVA-Res BROKER OF RECORD/PRESIDENT 289-820-9309 | scanjar@movingniagara.com

LAND, EXCAVATING BUSINESS AND Excellent opportunity to purchase EQUIPMENT - 340 BEATRICE ST., WELLAND or expand/add to your current business. Majority of work generated from sewer and water line installations, weeiping tile, trenching and seasonal bonus of snow removal. Large 116 x 240 lot zoned LI. Includes all heavy equipment, lot, quonset hut and office. Seller willing to stay and train as well. $214,900.

SELLER MAY CONSIDER HOLDING FIRST MORTGAGE O.A.C. CALL FOR DETAILS

For sale or lease 326 King St Welland ON. 2 storey building on a very busy street. Approx 4500 sqft to house your business and/or rent out to others. C3 zoning. Surrounded by many new commercial developments within blocks and existing business. This property may qualify for the City's C.I.P. for grants and/or financial incentives for improvements. Sellers may consider leasing. Quick closing is possible. $249,900. 0916_DJW_1_0070

WITH 23 AVENUE PL, WELLAND TRIPLEX WITH GOOD INCOME

$16,000+ Net income gives this property an approx. 8.5 - 9% cap rate. Many updates over the years including newer windows, boiler & steel stairs. Fire Certificate (2012). Financial report/projections available upon request. 1-1 bdrm, 1-2 bdrm and 1-3 bedrm. Close to downtown and many amenities. Bonus garage. 24 hrs notice required. Professional Property Management available if needed for out of town owners. $184,900 0916_DJW_0043

0916_DJW_2_0071

36 DARTE DR, WELLAND - EXCELLENT LEASE AT $775 A MONTH PLUS HST

Includes property tax and common expenses. Located near Hwy access & several major businesses. Available immediately. Lots of parking. Large loading door, office washroom. 1050 sq. ft. Great for small business or storage. Call for personal showings and details.

0916_DJW_0042

Niagara Peninsula

Get Listed. Get SOLD.

WWW.MOVINGNIAGARA.COM Please say you saw it in The Commercial Investor

COM_0916.indd 51

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

905-641-1110

Tony Tripodi

cell: 289-241-6954

Broker

tripodi@sympatico.ca Garden City Realty Inc., Brokerage Independently Owned & Operated

10331793_0916

INDUSTRIAL * COMMERCIAL * INVESTMENT

NEW PRICE - $699,000

ST. CATHARINES

7500 sq. ft. building, located on one of the best commercial/industrial areas of St Catharines. Only two tenants, easy to manage. Ethnic club is the tenant for the past 20 years, plus 1500 sq ft leased for retail. SUPER DEAL. Cap rate of 8.44%. Cash on cash 13.61% - If you find a better deal....Take it.

Features 150,000 sq ft warehouse on 14 acres. Zoned R4/G1 holding, warehouse, apartment buildings. Easy access to major highways - QEW & 406. Possible re-activate CNR spur line. Numerous loading facilities. Updated hydro and heating services, 100% sprinkler system. Signed agreement for solar energy paying $250,000 a year. Property mostly fenced. 120 self storage units - completed & ready to be approved. Additional office area available if needed. 7 acres zoned for multi-storey residential can be severed, weigh scales. Listed at $3,450,000.

0916_DJW_1_0108

0916_DJW_3_0085

What our clients are saying about us Larry “BILKO” Bilkszto Your Local Sales Representative Since 1989 Garden City Realty Inc. Brokerage Independently owned and operated

Email - bilko@rgcmail.com Web - www.bilko.ca

(905) 641-1110 • (905) 563-3330 Toll Free (866) 575-9400 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES

SOLD

Niagara Peninsula

INCORPO Full Covera

2016, Volu me

16 Issue

RATING FRANCH

ge Area Inc

ISE AND BUSINES

luding Win

INVESTM

dsor, Ham

ENT SALE

ilton, Toront

S OPPO RTUN

o, Niagar

31-SUITE

5,000 Sq.Ft

Freestandin Net Incom g Building, Burlin CONTACT gton e: $84,0 : WILLIAM 00 Coldwell Banker CommerciaDEJONG, BRO 1155 North l Integrity Real KER OF REC ORD Estate Service Inc., Brok Rd. W. Oakville, Suite 7 erage (289) 291ON L6M 3E3 5068 Email: wdej ong@cbci. ca

6-214-48 41 7

4915_D JW_0043

ICIWorld.co

m iciw orld.mobi Or Add The Add It To Your Home Screen ICIWorld FREE SU App BS

CRIPTION

COM_0916.indd 52

Get The Com

mercial Inve

ORA APARTM NGEVILLE ENT BUIL DING $2,6 90,0

WAREHO

Brokers Informatio Listing Ser n vice 30,000 Haves & +, Wa 75% Exc nts, lusive Results 60 second in s your pho on ne

ITIES

gston and

Ottawa!

Well kept unique 4 storey and stucco apartment , brick with elevat building, or. The buildi previously ng was a historic church built in 1891. It was comp inside and letely gutted renovated Features: in 1986. 11 Bache lor, 17 – room and 1-bed 3 controlled – 2-bedroom suites entry; electr ; heating; ic baseboard one 2014, (owne gas hot-water tank equipped d); all bathrooms with in September grab bars; new roof 2005; new all corrid carpet in ors lent downt October 2005. Excelown locati FOR MAR on. Seldo vacancy – ma currectly KETING no vacan Winston BROCHU cy. Davies, RE CAL WinCorp L: Realty Inc., Broker of 45 Keat Real Estat Record Tel: 519-8 s Crescent, e Brokerage 36-2080 Guelph, Fax: 519-8 , ON N1G 36-2081 Email: wjmd 3B1 avies@rog ers.com INDU 3715_D

STRIAL/

a Falls, Kin

USE FOR

JW_0019

SALE $

1,050,00

stor delivered

Build your dream home on this one of a kind dream lot!! Pie shaped 50’ X 215’ w/unbelievable backyard views of 20 Valley, the 20 Mile Creek & Tressel. Quiet, no through traffic cul de sac. This ravine/nature lot has the largest building envelope in the subdivision. All city services, surrounded by prestigious existing homes. A best kept secret, only 5 minutes from the QEW and only a walk to all amenities, wineries, hardware, pharmacy, grocery, banks, restaurants, etc. Choose your own builder or subcontract out! Only 4 lots left!! Starting at $109,800

6 Acres of residential development land in Jordan Station. Surrounded by the Greenbelt, vineyards & orchards. All city Bilkszto services at the road! Only mins to the QEW & all amenities. $3,300,000

“SOLD! Thanks to the Commercial Investor ” - Larry

SPECIALIZING IN FARMS, AGRICULTURE, GREENHOUSES, ETC.. IN THE NIAGARA REGION! For information call 1.800.268.0077

Cambridge 13,735 Squar MLS # 3050 4505 e Foot 10,400 Sq. Ft. Wareh Freestanding Facilit ouse, y Centrally located with 3,335 Sq. Ft. Office. access off FOR MOR 2 streets. E INFO Lester TobinRMATION PLEA Coldwell SE , Sales 519-743Banker Represen CONTACT: Pete 5211 Ext: tativ 3023 emair Benninger Realt e y, Brok l: lester-tob in@coldw erage ellbankerp br.co

directly to

your door!

See inside

0516_D JW_0005

for details

(COM)

Feb 27,

FC_0516

Jan 30 -

Estate sale in N.O.T.L. 50 acre vineyard planted to cab sauv, pinot gris, sauv blanc & pinot noir. Over 7000 new vines planted in 2015. All tiled drained. Property has 2 road frontages. Great location for a winery or vineyard income! Existing farm house & barn of no value. Full list of varieties & plot map available. $1,050,000

Please say you saw it in The Commercial Investor

2016-02-26 4:12 PM

NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

INVESTORS

The perfect place to list all of your businesses opportunities

BUSINESS INVESTORS

BUSINESS For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca

NewSectionPages_FullColor2015.indd 16 COM_0916.indd 53

2015-03-19 3:48 PM 2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

Your Real Estate & Investment Specialists Mortgages

1.888.330.3866

#12051

info@profunds.ca

www.profunds.ca

The Pro Funds’ Client Experience: Flipping Properties with Zero Down

Pro Funds Mortgages is happy to announce a new article series, The Pro Funds’ Client Experience. These articles will feature a variety of clients sharing their knowledge and experience in dealing with Pro Funds to accomplish their real estate focused endeavours. Here is Andrew Hines, a Mortgage Agent and borrower with Pro Funds who shares how he has utilized private funding to acquire and build and income property. Rewind to May 1st 2015. Closing day. It was finally coming together. The results of 2 months of planning, due diligence and a whole lot of waiting were finally paying oﬀ. And I mean literally, my lawyer actually called me to let me know that I was getting a cheque for $73 upon closing of my purchase of a beat up old rental. Wow, just when I thought buying real estate couldn’t be any more rewarding. The deal looks something like this: I buy a property with zero down, receive funds which are held in trust to pay for my renovations and expenses, and then I sell the property and get paid. Not a bad deal…? “How is this possible”, you might ask? Well real estate is a business. And like any good business, flipping requires a good business plan. From the beginning I made sure that I knew my numbers. When I found the property, I knew what it was worth, I knew what it could be worth and I knew what I would have to put into it to get that value. So what did I do? With the help of Pro Funds, I found a few private lenders to lend me the entire purchase price and renovation cost, in addition to my interest payments for the 6-month period I allotted myself to do the work. As anyone thinking about flipping a property knows… you don’t get paid until you sell. So paying things like mortgage payments and property taxes during the process can become a burden. For me, being able to borrow the money to cover those items made it that much easier to get through the process and prevent any new grey hairs from forming just above the sideburns. There was some heavy lifting along the way and a few not-so-helpful contractors… But I think the memory of taking a chimney down piece-by-piece using a sledge hammer will always stick with me. That was fun. Business Investor

(continued on next page...) 9649286_0916

Pro Funds Mortgages | 3410 South Service Rd. Suite G5, Burlington ON L7N 3T2 | www.profunds.ca Please say you saw it in The Commercial Investor

COM_0916.indd 54

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

Your Real Estate & Investment Specialists Mortgages #12051

1.888.330.3866

info@profunds.ca

www.profunds.ca

The Pro Funds’ Client Experience: Flipping Properties with Zero Down

So how can you structure your very own “zero down flip”? 1. Know your numbers - See a lot of properties, find out what they are selling for, both before and after the proposed renovations, and build yourself a buﬀer of 20% over and above what you think it will cost. Talk to contractors, get estimates and be ready to play hardball if needed. 2. Back it up – Start the process with comparable sales (your realtor can help with this) this is how you’re going to convince your lender that you can actually get the property sold for what you think you can sell it for at the end of the day. If they’re going to lend you money they need to know you have an “exit strategy”. Be sure that you’re very clear on what yours is. Good mortgage brokers will require an appraisal because they have an interest in making sure everyone is protected. You should expect to provide an appraisal for the property “as is” and “upon completion” of the proposed renovations. 3. Work with a broker that focuses on creative financing – I’ve worked for, and used Pro Funds Mortgages for financing for 5 years now. Knowing I can get real estate financed has allowed me to be a lot more aggressive with my real estate acquisitions. 4. Be willing to give up other collateral – my portfolio is an open book when it comes to getting new money. I put up one of my other properties to avoid putting any money down on this deal and I would do it again in a heartbeat. The ease and speed of operating this way allows me to do more than I ever could with a bank.

Visit www.profunds.ca for more program details and mortgage applications. Contact 1.888.330.3866 and speak to one of our underwriters to start the process. 11289457_0916

Pro Funds Mortgages | 3410 South Service Rd. Suite G5, Burlington ON L7N 3T2 | www.profunds.ca

Business Investor

If you’re thinking about doing a flip of your own or are wondering how you can leverage your existing properties to purchase a property with little or zero down, contact Pro Funds Mortgages at 1-888-330-3866 or info@profunds.ca.

Please say you saw it in The Commercial Investor

COM_0916.indd 55

2016-02-26 4:12 PM

Volume 16 Issue 02

Commercial Real Estate & Business Opportunities

R DE UN FFER O

MANUFACTURER OF SPRAY GUN CLEANERS The Company manufactures spray gun cleaners, parts washers, and solvent recyclers for use primarily in the automotive and printing industries. The business is well organized with 60 trained employees, good infrastructure and a 80% level of repeat business. Revenues are in the $7.0.

POOL & SPA EQUIPMENT SUPPLIER

EQUIPMENT & DIES MFG.

Operating in the GTA over 45 years the company wholesales proprietary branded chemicals blended in house and patented chemicals manufactured by exclusive suppliers. High profile customer base and four employees generate sales $1.1 million with earnings in the $200K range.

Operating since 1993 and located one hour outside the GTA - the Company specializes in the design and manufacturing of stamping dies and special purpose equipment. Revenues are in the $7 million range and earnings in the $2 million range.

R DE UN FFER O

NDT PROVIDER

R DE UN FFER O

PLUMBING SERVICES COMPANY

Company provides NDT/NDE training, products, and services. Clients are in power generation, oil and gas, engineering training/consulting, and other service industries. Located 1 hour outside GTA. Revenues are in the $7.5M range with earnings averaging in the $500K range.

D L O S

R DE UN FFER O PHARMACEUTICAL

AND TECHNICAL SERVICES

Operating in Ontario over 20 years the company provides wholesale, retail pharmaceutical and technical services in Canada and internationally using e-commerce and a mail-order/retail pharmacy. With 9 FT 4 PT employees the business generates – Revenues in the $7.0M range and earnings in the $1.0M operating.

ATLANTIC PROVINCES OPPORTUNITY WHOLESALING MEAT TRADING AND DISTRIBUTION Distributor of various meat products, selling to food services, retail and brokers throughout the Maritimes. Operating over 35 years with 9 FT employees and generating Revenues of $43.0 Million and EBITDA of $1.6 Million range

Company operating in the GTA and specialiazing in all areas of plumbing commercial, industrial, residential, service, installation and 24/7 emergency response. Well trained - 7 FT non-union employees and strong account base generate revenues in the $1.7M range and earnings in the $450K range.

B2B SOFTWARE COMPANY DATA EXTRACTION AND CONVERSION

The Company’s core business is focused on data extraction – and is the developer and publisher of its own proprietary PDF and data extraction technology. Operating in the GTA over 15 years the company has revenues in the $2.5M range and earnings in the $350K range.

TRANSLATION AND INTERPRETING SERVICES COMPANY

Located in GTA and operating over fifteen years, provides services to companies, government and businesses in the private sector. Well organized with ten full time employees. Generates revenues in the $3.0 Million range.

R DE UN FFER O

MANUFACTURER OF AUTO BODY TOOLS & EQUIPMENT

Located in the GTA the Company manufactures tools and equipment for the auto body repair industry. Serving the aftermarket with 85 active customers in the US and 35 in Central and Western Canada, Company has revenues in the $3 million range.

D L O S UNDER OFFERUNDER

OFFER

Business Investor

ATLANTIC PROVINCES OPPORTUNITY

Business founded 30 years ago and sells used vehicles, provides mechanical repair services and detailing and paint protection applications (10%). The Company also applies paint fading resistant treatments and rust proofing. Revenues in the $1.8 million range.

Founded in 1994 the business operates a winery and restaurant. Revenue of $2.5 million was derived from wine, restaurant, weddings and events, tours and tastings, and online sales. There are 24 FT and 31 PT employees and the real estate is owned by the company.

“Selling Your Business is our Business” 416-782-5222

8157086_0516

Please say you saw it in The Commercial Investor

COM_0916.indd 56

2016-02-26 4:12 PM

Mazhar Roshan Sales Representative

905.929.9800

HomeLife Results Realty Inc.

Direct

BROKERAGE

I have qualified buyers for up to $5M in commercial and investment buyers. Call for details. 8148414_0916

905.318.3800 24 Hr. Pager 647.609.9463 GTA Direct mazharroshan@sympatico.ca SALVAGE & WRECKING YARD - $899,000

DU C

AVAILABLE FOR LEASE

Well established auto related property and business with 4 bedroom house in Norfolk county, property includes, Salvage yard, Scrap business, 3 bay garage with 2 hoists, 3 bay separate garage with paint booth for body shop also 2 more building for storage or any other related use. Over 3 acres with MD zoning, call LBO for details. 0916_DJW_1_0017 0916_DJW_1_0041 0916_DJW_1_0018

FOR LEASE STONEY CREEK - $2,200,00 P/M

BURLINGTON $19,900

HAMILTON $249,900

Newly constructed commercial unit, 1100 sq ft with high Location, Location, Location. Just off of Guelph line on QEW. basement (extra sq ft). Good for retail, office or commercial Hair salon business for sale (established as a barber shop newly renovated and upgraded). Good opportunity for hands uses. Close to Hwy, Shopping, Parks and on bus route. on owner. 0916_DJW_0011 0916_DJW_0012

DOWNTOWN - HAMILTON $1,500,000

Long established Pizza and Wings business. Doing over 50000 sales per month, low rent and long lease, real money making business. Close to all amenities, schools and bus route. Good for big family or business oriented individual. 0916_DJW_0013

BURLINGTON BUSINESS FOR SALE - $59,900

PLAZA FOR SALE - $1,485,000

Location location location, property in downtown core Hamilton. Currently use as a worship place. Buyer to do due diligence regarding future use and property taxes. For more information and details call Mazhar. 0916_DJW_2_0018

Located on Mountainside in Burlington. Business operates six days a week.

Rare find Commercial Plaza with anchor tenant. Net income is 104K, offered at 7% cap rate.

OTTAWA STREET - HAMILTON - $449,900

BUSINESS FOR SALE - $139,900

BURLINGTON - $79,900

Desirable location close to McMaster, Columbia College, high school and student residential area. Doing over 5000 per week in sales and growing on daily basis. Well equipped middle eastern restaurant. Ideal for family or business, minded person. Reasonable rent and lease. 0916_DJW_1_0022

Great location downtown Burlington franchise business doing 25K per month. Good for family, turn key operation. Training will be provided. Low royalty and easy to operate, buyer to pay transfer fee, for more details call LBO.

DESIRABLE ANCASTER LOCATION

BURLINGTON - $119,900

REDUCED $800,000

Great location, South of main triplex with four (4) pc w/rooms, 3 full kit, 1 rough/in kit. Totally updated, hardwood, pot lights, 3 hydro meters & hwts, nice income generating property currently vacant. Close to Schools, Shopping on bus route. Was rented for $2800 p/m. 0916_DJW_1_0021

0916_DJW_1_0085

0916_DJW_2_0021

EAST HAMILTON

0916_DJW_1_0023

Long established. 30 years in business. Great location. No other competition in the area. Doing approx. $35,000 in monthly sales. Call for more information. 0916_DJW_3_0018

On Wilson Street at the corner of Hwy #52. Across from the Ancaster Fairgrounds. Brand new Esso Gas Station and a modern restaurant coming soon. 5 units to choose from, has 2 bay auto garage. Good for any type of retail, office, commercial, warehouse or other uses. Call listing agent for further details. 0916_DJW_1_0027 0916_DJW_1_0019

In the Heart of Burlington, plaza location fully equipped pizza parlour, doing over 200K per year. Good for family operation. Call for more information. 0916_DJW_1_0020

11G COM

legallyspeaking

More than what you bargained for Inheriting tenants with a commercial property

sually a home or property inspector can give you a good idea of the condition of the real estate you are buying. Unfortunately, the one thing an inspector cannot tell you is whether tenants will come with the property, and if they are any good. Purchasing a commercial property with existing tenants can be a great way to hedge investment losses in the property. In addition, having them there will save you the time and expense of advertising to fill vacancies and can help you secure financing for the purchase of the property. However, beware. Having tenants brings with it exposure to several types of liability, in many cases dictated by the commercial lease in place and real estate law. As a landlord it is important to understand there may be certain obligations for which you are responsible and understanding these obligations is critical to ensure you get what you bargained for. Prior to purchasing a commercial property where you will be inheriting tenants: Meet the tenants. It is important to discuss with them any complaints that they have with the property. This will help you gauge whether you will have a good working relationship with your future tenants, and will also provide valuable insight into potential issues with the property. If you have many tenants, or you do not want to deal with your tenants directly, discuss the options for engaging a property management company with your lawyer. Know your rights. When you purchase a commercial property, any leases relating to the property will usually be assigned to you at the time of closing. If you consent to this assignment you will be bound to the terms of those leases. For example, these obligations could require that you remove snow from driveways, install or

12G COM

maintain security systems, pay for utilities, etc. Generally speaking, existing leases and then the Ontario Commercial Tenancies Act will govern your relationship with the tenant going forward. Know your tenant’s rights. The lease will describe your tenant’s rights and the remedies he or she has against you if a dispute arises. These remedies may include abatement of rent payments, court or arbitration, or even cancellation of the lease. Be sure to have a lawyer review the lease and explain how you may be exposed to liability. Review the leases prior to purchase. The leases will list your responsibilities to the tenant and vice-versa. These rights are impacted by the law relating to commercial tenancies as well. Be sure to make ‘Review the leases by your lawyer and that they meet his or her satisfaction,’ a condition of any agreement of purchase and sale. If you don’t like what you hear, it is not necessarily the end of the deal; you may be able to renegotiate the terms of the lease or the agreement of purchase and sale. Commercial leases are very complex and intimidating documents; however, understanding your obligations and your tenants’ rights will allow you to feel comfortable knowing that your exposure is limited. These documents function to maintain stability, predictability and in short, the status quo. Landlord-Tenant disputes often arise when a lease obligation is not being fulfilled or is unable to be filled, resulting in issues with the property. Ideally, the landlord and tenant should keep a good relationship in order to be able to resolve these disputes amicably without resorting to the court system or other formal dispute resolution mechanisms. Commercial leases require a lawyer familiar with the concepts and the law. Find a lawyer that has experience in the area because you will need a lawyer just as much after your closing as you did before. Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the website (schwarzlaw.ca), email (schwarz@schwarzlaw.ca), or phone us at 1-888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.

Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP.

151 City Centre Drive, Suite 300, Mississauga, ON L5B 1M7

phone 905.268.1000 fax

905.542.2836 Member Commercial Division, Toronto Real Estate Board

INVESTMENT PROPERTY MISSISSAUGA $3,100,000

• Dixie/Derry Area

INDUSTRIAL COMMERCIAL PLAZA 8% CAP - BRANTFORD $2,199,000

• 26,000 Sq Ft

• New Construction • 9 units for sale

• Triple A National Tenant

• Rent GUARANTEE

• NET INCOME $192,000

• NET INCOME $175,000

• Principals only

• Principals only 0916_DJW_1_0075

0916_DJW_0024

BRAMPTON DOWNTOWN INVESTMENT PROPERTY • Old World Charm - brick and beam building • 25,000 sq ft leasable area • Completely renovated and updated • Many longterm and established tenants • Net Potential income $310,000 • CAP rate 7% $4,495,000

MTO LICENSED SCHOOL BUS BUSINESS

LICENSED TAXI BUSINESS IN COBOURG WITH PROPERTY • Well established for 15 years • For Investor/Entrepreneur • 1.5 acres prime commercial land • 2000 sq ft building • Licensed for 22 taxis • Six figure profit • No. 1 Taxi company in the Area

$975,000

• Fixed routes • Can bid for School board tenders • Gross Revenue $250,000 • Net $80,000 • Principals only 0916_DJW_0026

0916_DJW_0027

BRAND NEW PLAZA - ORANGEVILLE • Hwy 9 & Hwy 10 location • 14,200 sq ft

8471255_0916

$199,900

• 9 buses

0916_DJW_0025

• NET INCOME $300,000 • Principals only $5,800,000 0916_DJW_1_0081

info@sanjivpuri.ca www.sanjivpuri.ca 13G COM

SPOTLIGHT SECTION ATTENTION INVESTORS & DEVELOPERS!! 2.24 ACRE CORNER PROPERTY!

Brokerage

Independently Owned & Operated

Stephen Dignum Broker

Jimmy Chong

Sales Representative

Dir: 416.559.2995

98 ACRE FARM

Across the street from approved development in Brampton! House with 3+2 bedrooms. 2 kitchens. Prime opportunity for future possible development area. Make income in the meantime! Northwest corner of Mayfield and McVean. Approx. 500 ft frontage on Mayfield Rd.

$1,599,900 0916_DJW_0001

Off: 905.451.2390

Great opportunity to Invest. Farm in Caledon with horse track and barn. Small woodlot on north side and creek at the back lot line. Mostly flat useable land. One of the few farms available South of King St in the Whitebelt. 2nd farm north of Old School Rd on Torbram Rd.

$5,500,000 0916_DJW_0662

11305350_0916

Exit Realty Hare (Peel)

1.866.297.EXIT (3948) 11305418_0916

LIVE AND WORK IN BEAUTIFUL COTTAGE COUNTRY ON LAKE HURON Turnkey restaurant/lounge and building for sale in Port Elgin, Ont. (home of Bruce Power). Completely renovated from top to bottom, comes with all chattels and kitchen equipment. Seats 50 plus 25 on beautiful patio. Potential to turn main floor into a gourmet/retail section or many other possibilities. Call Kate for further details. $449,000

Land Exchange Ltd., Brokerage Each Office Independently Owned and Operated

Sales Representative

kate@realestatebykate.ca

519.386.4866

www.RealEstateByKate.ca

Cell

THE COMMERCIAL INVESTOR SPOTLIGHT

COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!

start your search here. 14G COM

THE COMMERCIAL INVESTOR SPOTLIGHT

Whether you’re renting or buying, finding your next home has never been so easy.

C OMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!

11299473_0916

ROSS GLIGIC PRESIDENT, BROKER OF RECORD

905.825.2378 | Broker@BestRealEstateInc.com

10 UNITS - 2 BUILDINGS - MIXED USED Two adjoining solid brick buildings in the heart of Stratford. 15,000+ SF, 4 levels. 6 newly renovated residential units + 4 updated commercial/retail units. Extensive renovations. Updated utilities & mechanicals. Fully leased. AAA tenants. Great investment. Tenants pay all utilities. 7.1% CAP Rate. Exclusive listing, Principals only please. Rarelly available for sale on this landmark picturesque block.

$2,195,000

PRIME DOWNTOWN LOCATION 3315_DJW_0025

PRIME FRANCHISE OPPORTUNITY

GREAT LOCATION IN LONDON, ON Fanshawe Park Rd. & Richmond St. 8302229_0916

(Coming January 2016)

Great Hours of Operation - 7:00 am - 3:00 pm Other locations available across Ontario

T: 1-877-272-2952 E: development@obsidiangroupinc.com W: www.obsidiangroupinc.com 15G COM

investorinsights

Why pre-construction condos are a great buy

By Andrew la Fleur

here are many different ways you can invest and make money in real estate. Most types of real estate investing are very hands-on and require a lot of time and effort. Investing in pre-construction condos on the other hand, can be highly lucrative with minimal effort. Here are 4 reasons why I believe that preconstruction condo investing is the best way to invest and make money in real estate.

1. CASH FLOW

There are many different ways you can invest and make money in real estate. Most types of real estate investing are very hands-on and require a lot of time and effort. Investing in pre-construction condos on the other hand, can be highly lucrative with minimal effort. Here are 4 reasons why I believe that pre-construction condo investing is the best way to invest and make money in real estate. 1. LEVERAGE

The number one reason why so many real estate investors look to the pre-construction condo market is the ability to leverage their money over time. With just 15 to 20 per cent of your own money, you can buy 100 per cent of an appreciating asset, and you get to hold that asset for three to four years without making any payments on it. Over the last decade in Toronto, thousands of investors have seen incredible returns by simply buying, waiting, then selling on completion. 2. ACCESS TO TRIPLE-A LOCATIONS

Condo investing allows ordinary investors to get a piece of real estate in otherwise unattainable locations. Owning real estate on Yonge Street, King Street or on the waterfront is made possible for average investors only through the power of condo investing. And with many developers offering flexible deposit structures, you can own in these prime locations for a fraction of what it would cost to buy a commercial property, a house, or a small apartment complex in the same locations. 16G COM

3. LOW MAINTENANCE

New condos are perfect for the busy professional or self-employed business person because you can own multiple units with little to no month to month property management. Many of my clients tell me that they are so busy with their full time jobs or their businesses, they don’t have time to start a part time business as a landlord. Compared to buying a house or a commercial property, new condos offer the lowest maintenance with the highest rentability which means there’s nothing to fix or maintain and your unit will rent out very quickly saving you time for what really matters in your life. 4. RENTAL DEMAND

Since the end of the highrise apartment construction boom of the 1960s, there have been almost no purpose built rental buildings in the city of Toronto. Yet our city keeps growing by tens of thousands every year. The need for new rental units is now filled almost entirely by new condominiums and tenants always want to live in the latest and greatest buildings. Buying pre-construction guarantees that you will own the newest apartment on the block when the building is complete and condo investors know that renting out a unit in a brand new building has been a very lucrative experience.

Andrew la Fleur is an award-winning realtor with Re/ Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Contact Andrew at 416.371.2333 or andrew@truecondos.com

11294981_0916

CAMPGROUNDS FOR SALE

• 57 SITES + 40 SLIP MARINA, MITCHELL’S BAY • 169 SITES + HOME ON 11 ACRES, LAKE HURON • 110 SITES + 2 HOMES ON 8.5 ACRES, WOODSTOCK Orio Fishleigh

Dave Bratt

Sales Representative

dave.bratt@century21.ca

orio.ﬁshleigh@century21.ca

519.532.5375

519.709.6746

Woodstock: 871 Dundas St. | 519.539.5646 Tillsonburg: 86 Broadways St. | 519.688.0021

11303141_0916

17G COM

COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_0916

Bill Bradley

Sales Representative

Independently Owned & Operated

Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866

416.258.6866 exitwithbill@gmail.com

GORGEOUS RETIREMENT HOME WITH A 10% CAP RETURN

A long term management staff operating the home for the owner, with excellent results. 40 plus suites, with a room for more to be arranged. Call Bill Bradley.

$3,200,000

Available Retirement Home to be enlarged to 67 suites or 77 suites. On large approx 2 acre lot in West Ontario. Located in a very quiet area. At present show a CAP of 7.6% which could be after enlarged to 15% Cap approx.

SALE PRICE $4,500,000 Call Bill Bradley for

Strip Plazas

$1,000,000 to $15,000,000.

Buyers Only 18G COM

Call Bill Bradley for Retirement Homes and properties that could be changed into Ret. Homes

Commercial Team In Canada! *

+ **

COMMERCIAL www.PBcommercialteam.com ** Sales Person + Broker

0916_DJW_3_0084

COMING SOON TO MARKHAM!

0916_DJW_1_0067

KENNEDY/EGLINTON RESTAURANT

I US

L C X

Be your own boss! Easy to operate established business. Densely populated, high traffic area! Low rent with no francise fees & no restrictions! $135,800. Call Peter: 416-606-7882.

0916_DJW_1_0118 0916_DJW_1_0090 MAIN/DANFORTH KINGSTON RD INCOME MEDICAL CENTRE LEASE SPACE PROPERTY

0916_DJW_3_0071

0916_DJW_1_0091EXCLUSIVE

First class medical centre at Main/Danforth Subway. Office space available for private practice or physician clinic environment, turnkey, work on % of gross billing! Bldg includes pharmacy; radiology, ultrasound and medical labs; & physiotherapist! Free rent period. $8/ Sq Ft Net. Call George 416-554-7653

Hot Kingston Rd. income property! Prime Kingston Rd exposure w/main floor retail tenant & two second floor residential tenants, plus large bsmt. Approx. $57,600 gross income, $599,000. Call Kenny 416833-8840.

Prime location! Busy plaza! Family restaurant with banquet facilities! Grossing $700K/year, 8 year lease, main level with seating for 76, lower level banquet section with seating for 100. Price includes all chattels and equipment! $389,800. Call Peter Glezakos 416-606-7882.

Restaurant for sale in major plaza with ample parking and well over $1 million in leasehold improvements! This prime GTA location is the opportunity of a lifetime to own and operate your own restaurant! Please call George Politis 416-554-7653.

0916_DJW_1_0061

0916_DJW_1_0060

PLAZAS PLAZAS PLAZAS PRINCIPALS ONLY

ATTENTION INVESTORS! 21%+ ANNUAL RETURNS!

KENNEY RD OFFICE SPACE

Prime office space in busy Kennedy/Denison plaza just north of Steeles. Featuring 722 sf, large windows and tons of natural light, 3 large offices, 1 bathroom, great signage, excess plaza parking! $24.85/Gross Lease. Call Matt: 647-500-7708

KENNEDY RD RETAIL SPACE

Prime ground level retail space in busy Kennedy/ Denison plaza just north of Steeles. Featuring 1,775 sf, rectangular shaped floor space, one bathroom with Kennedy Rd exposure, lots of parking! $16.15/Sq. ft. Net. Call Matt: 647-500-7708

LAWRENCE/VIC PARK RESTAURANT

DIXIE/HWY 401 BUFFET RESTAURANT VE SI U CL EX

• $18 Million – Major Bank and National Tenants!

• Single Family & Condo Developments

• $4-8 Million – Free-standing, Shoppers, LCBO, 5 CAP!

• Projected Returns Exceed 21% per Year

• Call George Politis 416-554-7653 or a member of the Politis Brienza Team for information on Plazas!

• RRSP, TFSA, LIRA++ Eligible

• Partner with Top-Tier GTA Developers • Get Developer Returns! • Call George Politis 416-554-7653

11286152_0916

Brand new townhouses in Markham's historical community of Armadale. Featuring 2 and 3 bedroom, 2 bath units, with 1-2 car-garages and approximately 2,000 sq. ft. The site is the last parcel of developable land within an existing fully established neighbourhood. The property is located near, and provides convenient access to, major highways, shops, transit, parks and some of Ontario's premier golf courses. Contact George Politis for details and registration: 416-554-7653/GPolitis@ThePBTeam.com

www.PBcommercialteam.com | Gpolitis@ThePBTeam.com 5071 Highway 7 E., Markham ON L3R 1N3

*Based on Re/Max International Commercial Commissions in 2014 1St Q.

19G COM

Its been a pleasure working with Carmen and her team of experts. For the first time in many years, I have seen my investments GROW in a secured investment. Working with Pro Funds has also allowed my retired father to not erode any more of his principal - which was happening with a top level investment advisor. It has provided him a better quality of life via increased cash flow, with less hassles and worry than investing in the open markets.

Passive investments through mortgages, earning 6-14% annually. Fixed returns, secured on real estate, paid monthly on 1-3 year terms.

Mortgage Lending 

Non-accredited investor friendly.



Minimum investments from $25,000.



Trust an established, full service company.



RRSP & TFSA registered funds eligible.



Your security is our first priority!

Builders, Developers & Real Estate Investors P RO F U N D S I S A F U LL S E R V I C E C O M P A N Y F U N D I N G :



First & second mortgages on residential, commercial & income properties.



Land, construction and development financing available.



High level construction funding packaging and feasibility studies.



Soft cost and servicing funding (postponable to construction financing) 9741130_0916

Brokers and Agents are welcome! Send Pro Funds your deals for a quote.

1.888.330.3866

www.profunds.ca

info@profunds.ca

Pro Funds Mortgages • 3410 South Service Rd. Suite #G5, Burlington Ontario L7N 3T2