Issuu

Sep 24 - Oct 22, 2016, Volume 16 Issue 09

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! WEBER ST E, KITCHENER $4,890,000

30 ACRES

CHESLEY - RESIDENTIAL SUBDIVISION - $890,000

• 1.8 acres development land Downtown Kitchener • Zoned CR-2 allows for commercial space and 120-200 condominium/ apartment units • Approved for up to 11 storeys • 9,500 sf office building & parking lot currently producing income • MLS Call Neil Koebel, Broker of Record CMA Realty Ltd., Brokerage

Featuring 60 registered unserviced building lots, plus approx. 30 acres of flat land, zoned residential. The property is situated in the picturesque town of Chesley (just north of Hanover). Chesley boasts its own modern hospital, numerous churches, social clubs, supermarket, an active Main Street with a new large Grey-Bruce School Board Head Office.

ASKING ONLY $890,000 For Marketing Brochure Call: Winston Davies, Broker of Record WinCorp Realty Inc., Real Estate Brokerage 45 Keats Crescent, Guelph, Ontario N1G 3B1 Tel: 519-836-2080 Fax: 519-836-2081 Email: wjmdavies@rogers.com

519-578-0337 neil@cmarealty.ca

6,242 SQUARE FEET FREESTANDING, BURLINGTON

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

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

FREE SUBSCRIPTION!

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Clean, one dock door, 17 feet clear height, 1500 sq. ft. office area. Near Appleby Line / Harvester Road.

William DeJong, Broker of Record, (289)291-5068 or Alisha McLean, Sales Representative, (289)291-5085 Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage

FC_3916 (COM)

146-2 4875 1 4

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

2016-09-20 3:53 PM

FOR LEASE

$16 PER SQ FT PLUS $4 TMI/CAM

DEVELOPMENT LAND W

Space for lease in a brand new, to be built plaza. 1000 sq. ft. to 25,000 sq. ft. available. Great corner location at Rymal Rd. E. and Dakota Blvd. on the Hamilton Mountain. Surrounded by new residential developments across from a high school, and 600 meters from the new Trinity Church Rd. Extension between Stone Church Rd. E. and Rymal Rd. E. connecting the area to easy access to the Red Hill Valley Parkway. 3916_DJW_1_0866

UNIT FOR LEASE - HAMILTON EAST LD SO G IN ILD BU

• 2800 sqft unit for lease • 4 unit building for sale (3 commercial/1 residential) • Located on busy Main St. E. near Kenilworth • Great opportunity for a business owner to purchase and operate their business along with collecting rent from the 3 other tenants.

• • • • •

Space for lease in plaza 12,402 sq. ft. available Plaza recently refreshed Long term national tenants on site Located at a busy signalized intersection near schools and churches • Large parking area • Asking $25 per sqft plus TMI 3916_DJW_1_0008

FOR LEASE - GRIMSBY WITH QEW EXPOSURE

Vacant Industrial Land for sale. 21+ acres of M3 and M2 zoned industrial land with three road frontages located on the corner of South Service Rd at the Glover Access Rd. Quick and easy access to transportation routes and adjacent to the rail line. Offered at $349,000/ acre. Call John Iannuzzi, Nick Kazan or Nic Von Bredow for further details. 3916_DJW_1_0055

BRAND NEW COMMERCIAL CONDOS EFT SL T I N 3U LY ON

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. 3916_DJW_3_0023

3916_DJW_0041

INDUSTRIAL BUILDING FOR SALE

• • • •

• 1020 sqft commercial condo unit for lease • Retail/office uses allowed • Situated on a mixed use site with lots of traffic and surrounded by mid/high density residential • Part of the booming Winston Rd. neighborhood at Casablanca Blvd. • Asking $19 per sqft plus $8 TMI

3916_DJW_4_0006

STONEY CREEK INDUSTRIAL LAND

• 97 acres of potential future development land for sale. • Located South of Hamilton along Hwy 6 corridor just South of Hamilton - Haldimond County boarder • Asking price is $5 million

3916_DJW_1_0007

HAMILTON INFILL SITE FOR SALE

• Solid 10,000 sqft industrial building on a 1.2 acre property at the corner of Lakeshore Rd. and Reed Rd. in St. Catharines. • 15% office space, 85% warehouse/ manufacturing space. • Room to expand building, full services, 400 amp/600 volt/3 phase • Asking price $795,000 3916_DJW_0034

BUILDING FOR SALE - 168 RAGLAN ST. S. RENFREW

• • • •

• 2.6 acres infill development parcel on the Hamilton Mountain. • Potential of 12-30 ft lots and 30 condos towns • Asking price $2.5 million

3916_DJW_0035

ATTENTION LAND OWNERS WE NEED DEVELOPMENT LAND PLEASE CALL US

3916_DJW_1_0899

• Solid 2 storey building retrofitted with long term tenant • Tenant covers all expenses • 6000 sq. ft. • Selling at 10% cap rate • Hassle free investment • Asking $389,700 3916_DJW_2_0011

BRAND NEW COMMERCIAL CONDOS - GRIMSBY T AS FT G F S LE N I IT LL SE 5 UN LY N O Branthaven Homes presents the Lake House commercial condos. Brand new Commercial/Retail/ Office condos by Branthaven! Approx. 975 sq. ft. to 1100 sq. ft. units, with two up to 1600 sq. ft. in size. Located in Grimsby just off of Casablanca Blvd and QEW interchange, on the Branthaven Lakehouse development. Direct exposure to the main road, with plenty of parking. Strategically situated surrounded by high and medium density residential. Occupancy as early as fall 2017! 3916_DJW_2_0047

Nicholas Kazan, Nicolas von Bredow, Royal LePage Macro Realty, Brokerage

250-2247 Rymal Rd. E. Stoney Creek, Ont. L8J 2V8

Broker nkazan@royallepage.ca Office 905.574.3038

Broker nvbredow@royallepage.ca Office 905.574.3038

Not intended to solicit Properties or Buyers Currently Under Contract

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Br 51 br

• • • •

M 51 m

Lo 38 N T F

Th ha Inf at Re

SOUTHWESTERN ONTARIO INVESTMENT TEAM

SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities High Density Residential Land London, ON

Multi-tenant Industrial Building For Sale London, ON

• • • •

Total building area - 49,417 sq. ft. Site area - 2.04 Acres Industrial - 32,326 sq. ft. | Office - 14,550 sq. ft. Asking $2,900,000 ($58.69 per sq. ft.)

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

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

• • • •

R9-7 zoning permits high rise apartment 110 unit apartment proposed for this infill site Municipal services available at the road 0.58 acres asking $825,000

• • • •

Prime Development Land at signalized intersection Site area is ±18 Acres, Frontage ±294 feet ADT: 34,700 vehicles per day Located between Home Depot & Walmart

• • • •

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

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

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

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

17,025 sq. ft. on 1.45 Acres Along LRT route, above average on-site parking 2 frontages Asking $895,000

Newly Renovated Flex Office Building Cambridge, ON

Townhouse Infill Site

Kitchener, ON

140,000 sq. ft. industrial facility on 3.78 acres Future redevelopment potential Centrally located to a future LRT station Asking $5,950,000

Multi-Tenant Industrial Building Kitchener, ON

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

Industrial Investment Opportunity

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

• Well located in Nappanee • 16-2 br | 2-1 br and 5-2 br | 2-3 br • Asking $1,875,000

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

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

• • • •

2 Multi-Residential Building(s) Nappanee, ON

James Craig* 519 340 2330 james.craig@cbre.com

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

Vacant Land Windsor, ON

11284449_3916

• OP permits 0.6 FSR • 1.80 Acres • Asking $1,200,000

• • • •

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

Chris Kotseff* 519 340 2321 chris.kotseff@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

26,188 sq. ft. of flex office suites New roof, windows & doors, a modern facade Close proximity to Hwy 401 and Hwy 403 Asking $3,150,000

* 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

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SOUTHWESTERN ONTARIO COMMERCIAL OPPORTUNITIES

ATTENTION INVESTORS! 2679 Howard Avenue - Windsor

Contact Listing Agents for further details

93,000 sq. foot free standing building Partially tenanted 7.05 acres Indoor / Outdoor storage Approx. $150,000 Net Income with excess vacancy ASKING PRICE $2,950,000

1,420 sf main floor retail space

Upper 1-Bedroom apartment

2 parking spaces

Also available for lease $16 per sq.ft.

D AV I D J O N G E R D E N , S a l e s R e p

JAMESON LAKE, Sales Rep

andrew.johnson@cushwakeswo.com 519.438.8639

david.jongerden@cushwakeswo.com 519.438.9125

jameson.lake@cushwakeswo.com 519.438.8548

SARNIA PROPERTIES

VARIOUS SIZES

1700 Dundas St E

Unit 2 - 1,977 sq.ft. Unit 5 - 1,000 sq.ft. Unit 6 - 5,747 sq.ft. Professionally managed and maintained

Contact Listing Agent for details

Lease Rate Various per Unit Additional Rent $3.25 psf

Kenn Poore, Broker kenn.poore@cushwakeswo.com 519.438.5588 ext. 224

RESIDENTIAL DEVELOPMENT LAND

Manor Road & Wellington Street St. Thomas, Ontario

Total of 18.84 acres 4.939 acre lot north of Wellington 13,896 acre lot south of Wellington Zoned R5-35 & R3-42 Neighboured on all side by existing developed residential land ASKING PRICE $2,350,000

D AV I D J O N G E R D E N , S a l e s R e p david.jongerden@cushwakeswo.com 519.438.9125

DEVELOPMENT LAND 161 Bonadventure Drive - London

TYLER DESJARDINE, Sales Rep tyler.desjardine@cushwakeswo.com 519.438.5403

OFFICE SPACE

266 Oxford St E #302

L E A S E R AT E $ 1 4 p s f N e t

ESTABLISHED LOT 80 Adelaide St N

Corner Location, Bonadventure & Dundas

Site situated among schools and residential

neighbourhoods

Various sizes from up to 20,000 sf Also available For Lease ASKING PRICE $799,000

BRENT RUDELL, Broker of Record brent.rudell@cushwakeswo.com 519.438.5608

519.438.5588

www.cushwakeswo.com Real Estate Brokerage, Independently Owned and Operated A Member of the Cushman & Wakefield Alliance

Suites available from 200-3400 sq.ft. Designated parking available on site Located near on of London’s busiest intersections

JAMESON LAKE, Sales Rep jameson.lake@cushwakeswo.com 519.438.8548

ANDREW JOHNSON, Sales Rep andrew.johnson@cushwakeswo.com 519.438.8639

ASKING PRICE $ 4 8 9 , 9 0 0

957 contiguous acres 165 zoned Heavy Industrial Lease-back possible Highway exposure

733 Richmond St

ANDREW JOHNSON, Sales Rep

4957 Kimball Road - Sarnia Ontario

Contact Listing Agents for further details

RICHMOND ROW

Great exposure Well maintained site Automotive Sales Lot ~ $57,600 NOI Potential future development

ASKING PRICE $735,000 ANDREW JOHNSON, Sales Rep andrew.johnson@cushwakeswo.com 519.438.8639

CUSHMAN & WAKEFIELD

Southwestern Ontario 620-A Richmond Street 2nd Floor, Box 19 London, Ontario N6A 5J9

11266917_3916

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Hamilton

London U ON PSID RE E NT S

NY MA ENT S E C RE RAD G UP

• This Property is being offered to the market in a Bid Submission Process • Due Diligence Package to be provided upon signing of a Confidentiality agreement in advance of Offer • Many Recent Capital Improvements including: Roof (2013), Windows (2009), Boilers (2010), Elevators (2015),Balcony Restoration (2012)

• 3 x Bachelor 64 x One Bedrooms 51 x Two Bedrooms • Located in Northeast Hamilton close to QEW/ Red Hill Valley • Above Guideline Increase Application in Progress • Upside Potential in Rents on Turnover • Additional Income from Rooftop Antennas and Submetering • Treat Financing as Clear!

• Asking $5,650,000 • Asking $117,708 per Suite • Located in South London close to all Amenities • Building Shows Well with nice landscaping

Belleville

• Asking $1,149,000 • Asking $95,750 per Suite • Tidy 12 Plex with On-site Superintendant tial neighbourhood • Electric Baseboard Heat ing system

T AS REA CL T EA R

• 2 x One Bedrooms 9 x Two Bedrooms 1 x Three Bedrooms units • Located in proximity to shopping, schools and park

• Apartments renovated with high end finishes

• Existing 1st Mortgage of approx. $3,169,000 @ 3.65% due October 2019 to be assumed by Buyer

Woodstock

• Asking $3,250,000 • Asking $125,000 per Suite • Complex Built in 1977 • Tenants Pay All Utilities for their Units • Potential Upside on Rents

• 27.0% R.O.I.

• Over 1 Acre of Land

• Treat as Clear, purchaser

• Potential to Sell Each

paved parking area

to arrange own Financing

12 SUITES

• Laundry Rooms on Each floor

UM INI S OM USE D N O CO WNH TO

137 feet with ample

• Nice Size Lot 133 feet x

• Long Term Superintendent

48 SUITES

• Good Size Apartment

• Located in a quiet residen

• 12 x One Bedrooms 28 x Two Bedrooms 8 x Two Bedrooms + Den

• Mature Tenant Profile

• Tenants Pay Own Hydro

118 SUITES

ICE PR CED DU E R

Hamilton S FIN TYLI ISH SH ING S

E SID S UP ENT R ON

Townhouse Individually

RG E SIZ LOT E

E SID S UP ENT R N O

• This Property is being offered to the Market in a bid Submission Process • Due Diligence Package to be provided upon signing of a Confidentiality Agreement in advance of Offer • New Roof in the last 5 years • Some Units with Full basement • Located in Northeast Hamilton close to QEW/Red Hill Valley

•70 x Three Bedroom Units • Large Front Yards for each Unit • Tenants Pay Their Own Hydro/. Heat. • Potential to convert water to individual billing • Upside Potential in Rents on turnover • Ex. 1st Mortgage of approx. $3,420,000 at 2.05% due June 2020 to be assumed • Seller may Consider a VTB 2nd Mortgage

70 TOWNHOUSES

MA TE TUR NA E NT S

• 15 x Two Bedrooms 11 x Three Bedrooms • High Efficiency Gas Furnaces Installed in all Units in 2012 • New Fibreglass Shingles installed 2009-2011 on Roofs • 5.3% CAP Rate • 15.6% R.O.I. • Treat Financing as Clear

26 CONDO TOWNS

Niagara Falls

PO TE VT NTI B 2 AL nd

ICE PR CED DU E R

• Asking $725,000 • Asking $72,500 per Suite • Located in the Niagara core • 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

• 2 x Bachelor 8 x Two Bedrooms • Building May Require additional capital and upgrading in order to maximize its potential • 6.7% CAP Rate 13.3% R.O.I. • Seller will consider holding VTB 1st Mortgage for 80% of purchase price at 5% • Contact Dani Pizzoferrato for more details

10 SUITES 8172756_3916

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

HomeLife Bayview Realty Inc., Brokerage

Twin City Realty Inc. Brokerage

B.A.

Residential, Commercial and Investments Sales Representative

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

Holly Illman, MBA Sales Representative Direct:

226-388-4083

11266919_3916

Rita Mollicone,

holly@pinehavensolutions.com

PLAZAS

205 KING GEORGE RD, BRANTFORD • • • •

• 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 $1,290,000 • Lease Price $21.00 per sq ft • Great location to open your own franchise

Excellent locations Locations - Toronto and York Region 5.5% to 6% cap Prices - $3M to $28M

3916_DJW_0042

BRAMPTON DEVELOPMENT • • • •

Downtown Brampton Shovel ready High density on 1.73 acres $15M

3916_DJW_2_0084

POTENTIAL DEVELOPMENT PROPERTY PARIS, ON

• 2 roadways into site from residential development. • 75 acre property adjacent to residential development. • Motivated seller • Exclusive

3916_DJW_0043

RESIDENTIAL • Sought out Richvale area in Richmond Hill • 3300 sq. ft. - corner property on Westwood • Unique layout • $1.7M 3916_DJW_0044

3916_DJW_2_0040

RESIDENTIAL LOTS & DEVELOPMENT PROPERTIES AVAILABLE IN PARIS

247 CENTENNIAL PARKWAY N., HAMILTON

QEW & CENTENNIAL PARKWAY 45 GODERICH

OFFICE SPACE

COMMERCIAL/RETAIL/ OFFICE SPACE

OFFICE RETAIL SPACE

Close to The Court House, City Hall and McMaster, Available Immediately Downtown office space from 155 sq. ft. to 1548 sq. ft. From $12.00 per sq. ft. gross.

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

Available Immediately. 918 - 2457 sq. ft. Plenty of parking and signage. Easy access to QEW. Rent from $11.00 per sq. ft.

8 MAIN ST. E., HAMILTON

1715_DJW_2_0029

1715_DJW_1_0028

1715_DJW_1_7007

905-777-0252 ext 304 E-mail:

info@desantis.com

www.desantis.com

8148088_3916

Tony DeSantis

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Galt • Close to Moffot Creek • Exclusive Listing • Call Duncan McLean

$995,000

• 4,200 sq. ft. auto garage • 84 ft frontage on 0.22 acre • 3 bays plus ample parking • MR-6 Zoning close to

Uptown Waterloo • Land & Building only • Call Ryan Briggs

28 WEBER ST W, KITCHENER

$799,900

3916_DJW_2_0028

$950,000

each • 5 minutes to 401 interchanges & less than 5 km to Woodstock Toyota • Call Ryan

• Attractive 4,400 sf brick building with offices on main & 2nd floor plus 2 bedroom apartment in loft • Great exposure • 7 parking spaces

$27.00/SF

3916_DJW_2_0022

106 -191 KING ST S, WATERLOO

• 2,135sf retail unit available at Bauer Marketplace in Uptown Waterloo • $27/sf rent plus $10.50/ sf CAM • Great location close to Mark Nunes, Bauer Kitchener, Vincezo's and others. • Zoning allows many retail and office uses. • Call Duncan McLean

$20.00/SF

3916_DJW_3_0029

4210 KING ST E, KITCHENER

• Bright nicely finished office space available Sept. 2017 • Floor plates of 15,433 & 15,533 sf, could be leased separately • Additional 30,000 sf can be built plus more parking • Minutes to Hwy 401, Conestoga College & Toyota • Call Duncan Mclean

KITCHENER, ONTARIO

519.578.0337

CELL:

• 1.03 acres of land on King Street E • C-6 zoning with 403 ft fronting on King St • Triplex and vacant land with excellent exposure

• Convenient access to Highways 7, 8, 85 and 401 • Close to Fairview Mall, transit and all amenities • MLS • Call Ryan Briggs

#8 - 160 FROBISHER DR., WATERLOO

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

• Rare Waterloo industrial condo for sale • Excellent location close to Hwy 85, 7 & 8 • Includes spray booth,

$289,900

compressor, showroom with gas fireplace, office and kitchen • Condo fee is $335/Mth. • Call Duncan McLean

$20.00/SF

540 BINGEMANS CENTRE DR, KITCHENER 3916_DJW_3_0028

• 2 acre parcel of R-3 land • Site plan approved & registered for 27 freehold townhouses • Five 52' x 120' single family lots for $99,000

$975,000

3248 KING ST E, KITCHENER

• High profile office building to be constructed • Ready for occupancy in Fall 2016 • Two floors consisting of 11,250 sq ft each. • Possible build to suit for single tenant. • Convenient access to Hwy 85, 7 & 8 and future Hwy 7 • Minutes to GO Train and VIA Rail • Call Duncan McLean

FREDERICK MALL, KITCHENER 3916_DJW_2_0032

3916_DJW_3_0031

INNERKIP DEVELOPMENT SITE & LOTS

of natural light • Close to Expressway, shopping, recreation and public transit • 35 parking spaces • Call Duncan McLean

$11.95 - $12.95/SF • Retail/office units available from 750 - 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

NEIL KOEBEL

RYAN BRIGGS

DUNCAN MCLEAN

Broker of Record

Sales Representative

519-741-6594

Neil@cmarealty.ca

CELL:

519.498.5775

Ryan@cmarealty.ca

CELL:

11280798_3916

8 with excellent exposure • Total potential annual income of $64,800 • Exclusive Listing • Call Neil Koebel

• Or lease for $12.00/sf • 12,184 sf free standing signature office building • Great location in N Waterloo • Quality finishes with lots

3916_DJW_2_0025

• 1.3 acre redevelopment site • Includes vacant land at 1401 Weber St. E. • Zoned C-6 (Commercial) • Great location close to Hwy

$1,925,000

3916_DJW_0012

159 ERB ST W, WATERLOO 3916_DJW_2_0029

$1,030,000

3916_DJW_2_0024

2786 KING ST. E., KITCHENER

735 BRIDGE ST W, WATERLOO 3916_DJW_1_8000

• 1.8 acres development land Downtown Kitchener • Zoned CR-2 allows for commercial space and 120-200 condominium/ apartments units • Approved for up to 11 storeys • 9,500sf office building & parking lot currently producing income • Call Neil Koebel

3916_DJW_2_0020

• Best bid - email offers to duncan@cmarealty.ca • 3.915 acres zoned R4 (H) • Development potential for townhome site around heritage home in East

$4,890,000

WEBER ST E, KITCHENER

3916_DJW_1_0043

961 DUNDAS ST S, CAMBRIDGE

519.590.7997

Duncan@cmarealty.ca 7G

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SOUTHWESTERN ONTARIO INVESTMENT TEAM

SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities Multi-Residential Building Orangeville, ON

Well Located Downtown Office Building London, ON

• • • •

Good tenant mix, including government tenancy Ground floor leased to retailers Underground parking included Asking $12,475,000

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

• Well located, close to downtown • 9-1 br | 16-2 br | 4-3 br • Asking $3,450,000

James Craig* 519 340 2330 james.craig@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

4.32 Acres R9-7 allows for 262 units without bonusing Located in desirable northwest London Asking $3,480,000

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

Vacant Land Windsor, ON

• Total size: 45.18 Acres (±31 usable acres) • Zoning: Zone 10 (H) • Sale Price: $1,829,000

• • • •

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

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

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

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

33,800 sq. ft., fully leased office building On-site and underground parking Tenant mix; government & medical office users Asking $2,000,000

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

High profile property with excellent site-lines Close proximity to EC Row Expressway & Hwy 401 Approximately 2.82 acres Zoned MD1.4

King/Northfield Industrial Opportunity Waterloo, ON

Office Investment Property Windsor, ON

• • • •

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

• • • •

Land Opportunity

• 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

High Density Residential Land For Sale London, ON

Wilmot Township, ON

Multi-Tenant Building For Sale Kitchener, ON

11276500_3916

• • • •

26,000 sq. ft. on 1.37 Acres Easily divisible Investor or user Asking $2,200,000

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

* Sales Representative ** Broker

www.cbre.ca

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11310504_3916

BEST INVESTOR OPPORTUNITY IN NIAGARA FALLS: • Excellent location. (8056 McLeod Road Niagara Falls) • Rent guarantee & buyback program available • Extensive amenities (Close to shopping mall, school, park and QEW) • Great market area with extensive growth projections (new general hospital on the way, close to US Border with US investors, attractive to over seas students) • Save $$$ with our preconstruction pricing; offering good upside value in Niagara Falls • Our 35 years property management will work for your property with low charge 3516_DJW_0024

289-271-4950 panoramacondo@sutton.com or niagarafallscondo@gmail.com Sutton Group Central Realty Inc., Brokerage

Chris Luxemburger Broker of Record

Sale office located at 7000 McLeod Road Unit 7A. Niagara Falls Open Friday, Saturday and Sunday. Available other dates by appointment.

BUYING commercial property? DEVELOPING vacant land? REDEVELOPING existing property?

11311306_3916

If you answered yes to any of the questions above, our team of engineers and scientists can assist. Rubidium Environmental can help to evaluate the environmental risks associated with the property of interest by conducting the following services: •

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Attention Realtors, Mortgage Brokers and Property Developers: Contact us to learn how we can aide in your property transactions. 10G COM

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Volume 16 Issue 09

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

INDEX Kitchener, Waterloo & Guelph

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Maxvi

Commercial Real Estate & Business Opportunities

Volume 16 Issue 09

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Special Features p.50

12 IN THE NEWS — Ontario’s strategic investments creating jobs and growing the economy 14 MARKET MINDED — Post-oil-shock recovery scaled back for Canada: CIBC 18 INVESTOR INSIGHT — Market volatility makes Canadian Millennials uncertain about investing 20 INVESTOR INSIGHT — Have an investment? Here are three things you need to know 32 TREB REPORT — GTA Realtors report commercial market figures 40 BUSINESS SMARTS — Six tips for starting your own business 41 MONEY SENSE — Get down to business with improved tax information 44 IN THE NEWS — Slow global growth poses risk for financial stability 46 MARKET MINDED — HCanadian housing affordability deteriorates the most in six years amid surging prices in hot markets 50 IN THE NEWS — Lower-for-longer interest rates require adjustments GLOSSY SECTION EDITORIAL 12G LEGALLY SPEAKING — Surviving closing By Jayson Schwarz 14G INVESTOR INSIGHTS — Why pre-construction condos are a great Investment By Andrew la Fleur 15G BUSINESS BAROMETER — Canadians misinformed on CPP expansion deal; oppose plan if it affects wages 16G MARKET MINDED — Ontario could boost manufacturing sector by following Michigan’s example: Fraser Institute

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Commercial Real Estate & Business Opportunities

Volume 16 Issue 09

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

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2015-03-19 3:47 PM 2016-09-22 5:29 PM

Volume 16 Issue 09

5 Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

www.teammilovick.com

519-745-7000

BROKERAGE INDEPENDENTLY OWNED AND OPERATED

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_3916

Grand Valley Realty

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

8 COLUMBIA STREET WATERLOO

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

2,280,000

1,799,000

$ 3916_DJW_1_0006

310 KING STREET NORTH, WATERLOO

875,000

850,000

• Over $68,000+ Gross Annual Income Available • City Approved, Rental Licensed Operation Fourplex (10 rental bedrooms) • Opportunities abound: Run as is - enjoying exceptional student income • Parking for six vehicles • Steps to future LRT Station (2017) and Waterloo Park • Easy walk to Uptown, University of Waterloo, Wilfrid Laurier University, Perimeter Institute and CIGI • MLS 3916_DJW_1_0002

599,900

699,900

406 253 ALBERT STREET, WATERLOO

• Turn-key Investment opportunity with this top floor 2 bedroom 2 bathroom unit • Conveniently located in close proximity to both University of Waterloo and Wilfrid Laurier • 3 years Property Management included along with free condo fees for the 1st year • Rental guarantee of $1800/month for the first year • Lots of extras • Instead of paying a landlord, be a landlord! $ • MLS 3916_DJW_1_6662

359,900

3916_DJW_1_0074

67 CARDILL CRESCENT, WATERLOO • $42,000+ Gross Annual Income • 4+4 Bedroom, Two Unit Building • Newer furnace, flooring, paint, shed • Fully rented • MLS

D L O S

489,900

3916_DJW_1_0071

• $66,000 Gross Income • 15 bedroom 4 Plex • Multi Residential Lot • Ideal for Turn Key Income & future redevelopment • MLS

$ 3916_DJW_1_0094

• $109,800+ Annualized Gross Income • Updates: Asphalt, deck, back staircase, interior stairwell, flooring, furnace+++ • Quick access to University of Waterloo with transit stop steps to building • Entry level student apartment building

392 ERB STREET WEST WATERLOO

• $79,000+ Gross Annualized Income Possible • Purpose built, 15 student, city rental licensed triplex • Class A Building, steps to Wilfrid Laurier University and Uptown • Walk score of 90 Walker's Paradise • MLS

13 AVONDALE AVENUE SOUTH, WATERLOO

1,160,000

3916_DJW_1_0666

52 NOECKER STREET, WATERLOO

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

379 ERB STREET WEST, WATERLOO

• $170,000+ Annualized Gross Income • Purpose built, student 7 plex apartment building • One block from WLU, two blocks from UW • New, pitched roof, multi-level four bedroom units • MLS

3916_DJW_1_0069

46 AMOS AVENUE, WATERLOO

• Owner occupy one unit, rent the other • $32,000+ Gross Annual Income • Turn key student investment • 10 minute walk to UW • MLS

369,900

3916_DJW_2_0031

15 + 16, 520 COLLIER MACMILLAN DRIVE, CAMBRIDGE - $5.25 PSF • Industrial space available in popular Collier MacMillan Business Park • Available at $5.25 per square foot per annum with a reasonable CAM of just $3.25 PSF • M3 zoning provides for a variety of light manufacturing, general assembly and warehousing related uses • Unit also has bonus roadside exposure to Collier MacMillan Drive • Ample parking • Located 15 seconds to Highway 24 and two minutes to four interchanges to access Highway 401 • MLS

3916_DJW_2_0004

3916_DJW_1_0018

BRIDGEPORT LOFTS, WATERLOO

• Unit 6 - $299,900 - 4.80% Cap, MLS • Two, Three, Five and Six Bedroom Opportunities available! • Exceptional, unique investment opportunities • Own an Income Producing Loft! 3916_DJW_1_0101 • MLS

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3:47 PM

COM_3916.indd 5

2016-09-22 5:29 PM

Commercial Real Estate & Business Opportunities

Volume 16 Issue 09

Kitchener/Waterloo Guelph & Cambridge 11236833_3916

Please say you saw it in The Commercial Investor

COM_3916.indd 6

2016-09-22 5:29 PM

Commercial Real Estate & Business Opportunities

FOR SALE

Kitchener/Waterloo Guelph & Cambridge

Volume 16 Issue 09

3516_DJW_0004

BRAND NEW

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11305026_3916

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6 Acres of residential TOP NOTCH, HORSE FACILITY on development land in 10 acres in Pelham. 160' x 65' indoor Jordan Station. arena with great rubber sand Surrounded by the footing, observation deck with large Greenbelt, vineyards & tack room plus 2nd observation orchards. All city services room with kitchen, 4pc bath, 28 stall at the road! Only mins to barn with new windows, outdoor the QEW & all amenities. sand ring & jumping ring, 7 paddocks, pond, hay mow, $2,999,800 separate hydro meter for barn. Tastefully renovated bungalow with addition. Attached double car garage. 1 1/2 storey vinyl sided 3+1 Ceramic front foyer to open concept dining and kitchen bdrm home. Large eat-in area with vaulted ceiling, island, maple cupboards, kitchen, open concept to living dishwasher, living rm with hdwd floors & bay window, 4pc rm. 2 bdrms on main, 30 ft x 23 ft m a s t e r b d r m u p w / g a s bath, 3 bedrooms up & hdwd floors, main floor laundry, fireplace. Finished 1 bdrm in- 3pc bath, large 3 season 17x16 sun rm with patio drs, law apt downstairs. 40 ft x 20 ft electric openers & dog wash in garage. Full basement shop w/ 2 oversized garage with rec rm, fireplace insert, 4th bdrm, office, wine cellar, doors, insulated, gas heat + storage rm, central air, separate 100 amp service. Asking hydro. In-ground pool, hot tub. $299,800 $699,800

FC_2316

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Featuring 60 residential. registered unserviced The proper building lots, Hanover). ty plus approx Chesley boasts is situated in the . permarket, its own moder picturesque town 30 acres of flat land, an active of Chesle n hospital, Main Street y (just north zoned numerous with a new of churches, large Grey-B ASK For Mark ruce Schoo social clubs, sueting Broch ING ONLY l Board Head $89 Office. WinCorp ure Call: Winston 0,000 45 Keats Realty Inc., Real Davies, Broke r of Reco Estate Broke Crescent, rd Tel: 519Guelph, rage Ontario 836-2080 N1G 3B1 Fax: 519Email: wjmd avies@rog 836-2081 ers.com

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Neil Koeb JulCMA el, Broker 02 -Realt Jul y30, Ltd., Brok of Record 6, erage 519-578- 201 Volume

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30 ACRE

• 1.3 acre • Includes redevelopmen t • Zoned vacant land at site C-6 (Com 1401 Web • Great er St. E. location mercial) • Total close to pote Hwy 8 with exce • Exclusive ntial annual income llent expo Listing of $64, sure 800

2016-09-22 5:29 PM

Volume 16 Issue 09

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

519.742.7000 www.coupalmarkou.com

SALE

48 KING STREET EAST, COLBORNE

SALE

• Exceptional restaurant/pizza business • Building and business included • 2,100 sq. ft. • $579,900 MLS

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 • 5358 sq. ft. • $1,500,000

MLS

3116_DJW_3_0023

SALE

405 KING STREET NORTH, WATERLOO

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

3116_DJW_2_0052

EXCLUSIVE

MLS

3116_DJW_0060

SALE

138 BLEAMS ROAD, KITCHENER

SALE

MLS

300 BRIDGE ST EAST, KITCHENER

MLS

3116_DJW_1_0117

1015-1051 KING STREET EAST, KITCHENER

• Rare 1.19 acre re-development site • High profile corner at King Street East & Ottawa Street South • 25,250 sq ft • $2,295,000 MLS

3116_DJW_0058

SALE

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

3116_DJW_3_0021

• 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

SALE

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

3116_DJW_1_0051

54 BRIDGE ST WEST, KITCHENER

SALE

• Restaurant in quaint town just minutes from KW • Currenty operating as restaurant and banquet facility • 12,000 sq ft • $1,190,000

3116_DJW_0061

SALE

1677 SYNDERS ROAD EAST, PETERSBURG

460 COLUMBIA STREET WEST, WATERLOO

• Rare Opportunity! • Infill Site • 8.78 acres • $10,750,000 MLS

3116_DJW_0059

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

11289418_3916

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_3916.indd 8

2016-09-22 5:29 PM

Commercial Real Estate & Business Opportunities

519.742.7000 www.coupalmarkou.com

SALE

584 ONTARIO STREET, STRATFORD

SALE

• Newly renovated breakfast & lunch restaurant • Excellent high traffic location on a pad site with ample parking • Would be an excellent business for owner operator, with huge potential • $249,000

MLS

3916_DJW_2_0039

LEASE

120-122 KING STREET NORTH, WATERLOO

3916_DJW_1_0051

LEASE

EXCLUSIVE

535 BELMONT AVENUE WEST, KITCHENER

3916_DJW_0008

SALE

MLS

92 KING STREET SOUTH, WATERLOO

3916_DJW_1_0063

25 INDUSTRIAL DRIVE, ELMIRA

• Busy office/retail plaza in Elmira, just minutes from North Waterloo • Zoning allows multiple uses • 1,750 - 3,099 sq. ft. • $9.00 - $20.00/sq. ft. MLS

94 WELLINGTON ROAD 6, ELORA

3916_DJW_1_0050

MLS

3916_DJW_1_0032

LEASE

MLS

3916_DJW_1_0049

LEASE

• New Commercial Development • Ideal for financial services, restaurant or retail users • 4,000 - 17,970 sq. ft. • $14.00 - $25.00/ sq. ft.

MLS

#3-368 QUEEN STREET WEST, CAMBRIDGE

• Licensed family restaurant with 80 seats • Good start-up business with opportunity to increase sales • All chattels and fixtures included • $149,000

• Second floor space with private entrance • Excellent location across from "The Shops of Waterloo Town Square" • On GRT route and minutes from Hwy 85 • 2,033 sq ft (approximately) • $10.00/sq ft Net

LEASE

• Office Space in quaint medical building in Belmont Village • Main floor space • 1,008 sq ft • $11.00/sq. ft. Net 3916_DJW_1_0022

• Burger Restaurant, eat-in or takeout in leased premises • Sales over $300,000 with excellent long term lease • 2,260 sq. ft. • $175,000

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

600 SCOTLAND STREET, FERGUS

Kitchener/Waterloo Guelph & Cambridge

Volume 16 Issue 09

370 EASTBRIDGE BLVD. WATERLOO

• Clean plaza in the East End of Waterloo • Busy location with great exposure on Bridge Street West & Eastbridge Boulevard • 795 - 2740 sq ft • $20.50/sq ft Net MLS

3916_DJW_1_0065

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

11287245_3916

Please say you saw it in The Commercial Investor

COM_3916.indd 9

2016-09-22 5:29 PM

Commercial Real Estate & Business Opportunities

Volume 16 Issue 09

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

RETAIL/OFFICE INVESTMENT FOR SALE 839 SF· $12.00/SF ·MLS:KW1537515·Kitchener RETAIL FOR SALE/LEASE COLDWELL BANKER COMMERCIAL 3,200 SF · $13.50/SF · MLS:30525672 · 7,026 SF · $12.50/SF · MLS:30504305 · RETAIL FOR SALE/LEASE Finished office, great for medical & service 10,704 SF · $2,195,000 · St Jacobs Cambridge · Zoning C2, Ample Free Parking, MLS:30508545 Kitchener High Free PETER BENNINGER REALTY, BROKERAGE · New · Building, Excellent for Visibility, Owner/User. 28,100 SF · $1,850,000 · Exclusive · Kitchener use. Gary Boudreau*/James Boudreau** Drive‐Thru. Gary Boudreau** Potential on‐site parking.………………………………………………. for value add. Also for Lease $8.75/SF MLS 30504455 · Long 508 RIVERBEND DRIVE, KITCHENER, ON. Kitchener James Boudreau**/Gary Boudreau* 3,687 SF · $775,000 · MLS: 30533235 1,200 SF · $1,600/Mth · MLS : 30503820 · John Hoffman*/ Gary Boudreau* standing retail destination in downtown Phone: 519‐743‐5211 St Jacobs·Owner/User/Investment Opportunity. 2nd Floor Unit. Located very close to the New Provin‐ Kitchener for over 80 years! Excellent location RETAIL OR REDEVELOPMENT SITE cial Courthouse and downtown Kitchener amenities. OFFICE FOR SALE/LEASE High Prole Loca�on. Commercial or Residen�al 800 SF · $21.00/SF · MLS:30501217 · for continued retail or conversion for hi‐tech James Boudreau**/ Gary Boudreau* 1,586 SF · 0.12 Acres · $925,000 · MLS: 3050 e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial Uses. James Boudreau** office user. Colin Vogel* Waterloo · · Rare main floor opportunity. High 1737/1745 E T A I L / O F F IKitchener C E I N V E S· T Unique M E N T High F O R Profile SALE 839 SF· $12.00/SF ·MLS:KW1537515·Kitchener Rtraffic RETAIL FOR SALE/LEASE 4,980 SF · $9.00/SF · MLS:30504057· Kitchener intersection of University & Bridge. 909 SF · $800.00/Mth Gross· MLS: 30537263 · Location. Corner Lot. Located beside farmers 736 SF· $75.00/SF Net· MLS: KW1534274 Finished office, great for medical & service 10,704 SF · $2,195,000 · St Jacobs 2,025 SF · $16.00/SF · MLS: 30518433 Pres�ge & very visible office building adjacent Seconds from Hwy 85. Colin Vogel* market. Lester Tobin* Waterloo Indoor mall · style on two levels. use. Gary Boudreau*/James Boudreau** MLS:30508545 · Excellent for Owner/User. Kitchener · Low Cost Office Space. 28,100 SF · · Main $1,850,000 Exclusive · Kitchener to Kitchener Farmers Market,1 block from Kitchener· floor High pedestrian and Commercial/Professional traffic location. Good Potential add. Also for Lease $8.75/SF MLS 30504455 · Long Gary Boudreau* R E T A I L / R E S I D Efor N T I A L value NT new LRT stop. Total space can be demised to Office Space on high profile corner. 1,200 SF · $1,600/Mth · MLS : 30503820 · Kitchener James Boudreau**/Gary Boudreau* I NSVF · E S$895,000 TM E N T· FCambridge O IRN VSEASLTE· M EMLS: tenant support. Lester Tobin* standing retail destination in downtown 7 , 7 1 2 approx. 2,500 SF, 2,000 SF. Underground John Hoffman* 2nd Floor Unit. Located very close to the New Provin‐ Retail/residential or Owner/User Kitchener for over 80 years! Excellent location 1,413 SF · $12.00/SF · MLS: 30516996 · 30506322 5,000 SF·$16.95/SF ·MLS:30504304· Kitchener RETAIL OR REDEVELOPMENT SITE cial Courthouse and downtown Kitchener amenities. continued retail or conversion for hi‐tech Parking. James Boudreau**/ Gary Boudreau* Main floor 5,642 SF(2 units) Upper property. for New Building, High Visibility, Free on‐site James 1,586 Boudreau* M U L TSF I ‐· 0.12 I N DAcres I S T R I· A$925,000 L / R E S· I MLS: D E N T3050 IAL Kitchener · Boudreau**/ Great location Gary for Medical use. 1,419 / 1,488 SF · $26.00/SF Net 8,991 SF· $12.50/SF ·MLS:30504305·Kitchener floor‐ Three apartments. Lester Tobin* office user. Colin Vogel* parking. John Hoffman*/ Gary Boudreau* 1737/1745 · Kitchener · Unique High Profile MLS: 30502663/30502665 · Kitchener· New New Building, High Visibility, Free on‐site 10,700 SF · $975,000 MLS:30524415 · Kitchener Gary Boudreau* 4,980 SF · $9.00/SF · MLS:30504057· Kitchener Location. Corner Lot. Located beside farmers 736 KW1534274 Selling @ 8% return. Small, easy to lease units. parking. John Hoffman*/ Gary Boudreau* retail SF· plaza corner Net· of Fischer Hallman and Pres�ge & very visible office building adjacent 2,550 SF $75.00/SF · on $12.00/SF · MLS: MLS:30502295 INDUSTRIAL/WAREHOUSE market. Lester Tobin* Waterloo · Indoor mall style on two levels. Roof renewed. Absentee landlord re�ring a�er Cambridge Retail store front unit with high to Seabrook Dr. High exposure ‐ high traffic. Ample 1,114 SF · $12.00/SF Net · MLS:30524639 · Kitchener Farmers Market,1 from AAA OFFICE SPACE AVAILABLE · block WATERLOO High pedestrian and traffic location. Good F O R L E A S E / S AI NL VE E S T M E N T 45 years of ownership. John Hoffman* exposure & high traffic. In downtown Preston. on site drive‐up parking. Lester Tobin* new LRT stop. Total space can be demised to Kitchener SF· · $14.50/SF Looking · one to two general R E T A I L / R E S I D E N T I A L Exclusive ·Beautifully tenant support. Lester Tobin* 114,033 Lester Tobin* 7 , 7 1 2 S F · $895,000 · Cambridge · MLS: approx. 2,500 SF, 2,000 SF. natural Underground finished, ample light prac��oners to take parking, over a medical office of a 30506322 Retail/residential INDUSTRIAL LEASE/SALE Parking. James Boudreau**/ Gary Boudreau* 5,000 SF·$16.95/SF ·MLS:30504304· Kitchener C O M M E R C I AWAREHOUSE L / R E D I S E N T IFOR Aor L POwner/User ROPERTY 1,750 SF · $16.95/SF · MLS:30535669· throughout. James Boudreau** property. 530 SF · $18.00/SF · MLS: 30506783· Kitchener Main floor 5,642 SF(2 units) Upper re�ring doctor. The office includes 4 fully 13,735 SF · $4.95/SF · $1,050,000 · Cambridge New Building, High Visibility, Free on‐site 1,572 SF · $399,000 · MLS: 30516132 · Water‐ Turn‐key salon. High location. Kitchener hair/nail · New Building, High traffic Visibility, Free 8,991 SF· $12.50/SF ·MLS:30504305·Kitchener MLS# floor‐ Three apartments. Lester Tobin* 30504533/ 30504505 · Freestanding O F F I C E Bexam U I L Drooms, I N G Fbuilt O R in L E recep�on A S E & Sarea, A L E loo Potential parking. John Hoffman*/ Gary Boudreau* equipped use commercial on main floor Ample on‐site drive‐up parking. Lester Tobin* New Building, High · Visibility, on‐site facility on‐site parking. ……………………………………………….. 12,184 Industrial/Warehouse. Centrally SF Divisible 1,975,000 Free · $12.95/SF w/ residential on 2nd floor or 100% commercial wai�ng room and washrooms. Located in busy parking. John Hoffman*/ Gary Boudreau* John Hoffman*/Gary Boudreau* 2,550 SF 5,947 · $12.00/SF · MLS:30502295 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 Lester Tobin* retail building. plaza with a Shoppers Drug Mart. Cambridge Retail store front unit New with retail high office Warehouse, 3,335 SF Office. Lester Tobin* Quality finishes · throughout. 30505595/5597/5598 · Kitchener· AAA OFFICE SPACE AVAILABLE WATERLOO FOR LEASE/SALE exposure & high traffic. In downtown Preston. are ·Beautifully included. Lester Tobin* 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 plaza high traffic 1,843 on ‐ Huron 5,947 Rd. SF with · $20.00/SF Net and · Existing 114,033 SF· furnishings $14.50/SF · Exclusive 6,287 SF ·$7.00/SF·MLS:KW1531928·Kitchener Lester Tobin* James Boudreau** exposure, ample on‐site drive‐up parking. ample parking, natural light Rare to find! 2 drive thru truck bays, one with 1,586 SF · 0.12 Acres · $899,000 · MLS:30505595/5597 · Kitchener · New retail finished, INDUSTRIAL WAREHOUSE FOR LEASE/SALE Lester Tobin* KITCHENER SPACE throughout. PLAZA 3 oors RETAIL/OFFICE James Boudreau** 530 SF · $18.00/SF · MLS: 30506783· Kitchener plaza on Huron Rd. with high traffic and MLS: 30536613 · Kitchener · Unique High Profile pit. Tool room attached. Abundant yard space 28,100 SF on · $1,850,000 · 13,735 SF · $4.95/SF · $1,050,000 · Cambridge 839 SF · · $12.00/SF · MLS: KW1537515 Turn‐key High traffic location. avail. at extra cost. beside farmers John Hoffman* exposure, hair/nail ample salon. on‐site drive‐up parking. Location. Corner Lot market. Kitchener 1,100 SF · $5.50/SF · MLS:30501890· Kitchener 30504533/ 30504505 · Freestanding O F F I C E B U IExclusive L D I N G F· O Retail/Office R L E A S E & Space. S A L E MLS# Ample on‐site drive‐up parking. Lester Tobin* Nicely nished units in busy shopping centre, facility Lester Tobin* 12,184 Great re‐development site, parking Centrally lot, etc. Central to many ini�a�ves and improvements High Traffic ‐ High exposure location. On‐site Industrial/Warehouse. SF Divisible · 1,975,000 · $12.95/SF 9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener low the common fees, on public route, in downtown core including city located parking available for Tenant. Lester Tobin* Lester Tobin* with access off 2 streets.10,400 SF · Waterloo · transit 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 exis�ng building. tenants & include Li�le Short Stop, KW Warehouse, 3,335 SF Office. Lester Tobin* centre condos minutes from the transit 1,100 SF · $5.50/SF · MLS:30518529 Quality finishes throughout. 30505595/5597/5598 · Kitchener· New retail · office w/drivers area, new doors, bright, well hub. Colin Vogel*/ Peter Benninger** Gaming, Curves, Sco�abank more. furnishings are & included. Kitchener High Traffic ‐ High exposure location. plaza Rd. Oon F F Huron ICE FO R with S A L Ehigh / L Etraffic A S E and Existing RETAIL/OFFICE INVESTMENT FOR SALE windowed. John Hoffman* 6,287 SF ·$7.00/SF·MLS:KW1531928·Kitchener Gary Boudreau* 10,704 SF · $2,195,000 · MLS:30508545 James Boudreau** exposure, ample on‐site drive‐up On‐site parking available for parking. Tenant. 8,500 SF · Main Floor · 8,500 SF Lower Level Rare to find! 2 drive thru truck bays, one with 3,450 SF · $11.00/SF Gross · MLS: KW1537169 Lester Tobin* Lester Tobin* $995,000 St Jacobs · Excellent for Owner/User. Potential · on Simcoe · MLS:30509700 3 oors · $1,850,000 ··· pit. Tool room attached. Abundant yard space Kitchener · Clean industrial space, finished KITCHENER PLAZA RETAIL/OFFICE SPACE FOR LEASE 28,100 839 SF SF · $12.00/SF · MLS:KW1537515 650 Centrally Located in the heart of Norfolk for value add. James Boudreau** avail. at extra cost. John Hoffman* Kitchener · Exclusive · Retail/Office Space. ‐ 2,700 SF · $9.00‐$12.00/SF · MLS: Kitchener · Finished office, great for medical & offices, ample power. James Boudreau** 1,100 SF · $5.50/SF · MLS:30501890· Kitchener Poten�al for ver�cal growth. 752 SF ‐ 26,000 SF exposure · From $18.00/SF · MLS: County. 30500085/899/903· Nicely nished units in busy Central to many ini�a�ves and improvements High Traffic ‐ High location. On‐site service use. Gary Boudreau* 9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener 30529258/30529248/30529120 · Breslau · Colin Vogel*/Peter Benninger** 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 I N D Umanufacturing S T R I A L / W Aand/or R E H Owarehouse USE Excellent transit route, exis�ng tenants inc. a Short Stop, centre condos & minutes from the transit New Retail Development in growing, I N V E SSPACE T M EAVAILABLE N T F O R · S AWATERLOO LE w/drivers area, new loading doors, and bright, well AAA OFFICE facility. Good power, KW Gaming, Curves, Sco�abank & more. hub. Colin Vogel*/ Peter Benninger** underserviced F O R L E A S E / S A L E parking. O F F I C Earea. F O Variety R S A Lof E /Uses L E Apermi�ed. SE · MLS:30514878 windowed. John Hoffman* R. Blake Hull* James Boudreau**/ Gary Boudreau* 114,033 SF · $14.50/SF Pad site with drive‐thru is available. 8,500 24,860 · SF MLS:30504066 SF ·SF·$3,900,000 Main Floor · 8,500 Lower Level 3,450 SF · $11.00/SF Gross · MLS: KW1537169 Beautifully finished, ample parking, natural light James Boudreau**/ Gary Boudreau* 6,994 SF· $7.00/SF ·MLS: 30506432 · Kitchener 800 SF · $21.00/SF · MLS:30501217 · Waterloo $995,000 Kitchener· ·Non‐designated heritage building Simcoe · MLS:30509700 · Kitchener KITCHENER PLAZA RETAIL/OFFICE SPACE FOR LEASE throughout. James Boudreau** Clean space, good mix of office space w/light · Clean industrial space, finished Rare main floor opportunity. High traffic in core. in 3 floors of approx. 8,000 30,400 SF · 3.09 Acres · $3,400,000 | $10.00/SF Located the heart of Norfolk Downtown 650 ‐ 2,700 SF · $9.00‐$12.00/SF · MLS: Centrally offices, ample power. James Boudreau** manufacturing and assembly space. Easy MLS: 30525493/30525439 · Cambridge · New intersection of University & Bridge. Seconds SF each. Many uses, tech to growth. retail. 1,114 SF · $20.00/SF · MLS: 30523827 · County. Poten�al for ver�cal 532 SF · $1,050/mth ·MLS:30526564 · Waterloo 30500085/899/903· Nicely nished units in busy access to expressway. Roman Ginzburg* from Hwy 85. Colin Vogel* John Hoffman* finish to food grade, insulated panels, some Colin Vogel*/Peter Benninger** 21,775 SF· $4.50/SF ·MLS:30505583·Kitchener Kitchener · Last unit available w/high exposure Newly renovated, nished office on 2nd oor shopping centre, low common fees, on a public equipment, spiral freezer, 4 docks Room to Excellent manufacturing and/or warehouse transit route, exis�ng tenants inc. Short Stop, in centrally located retail plaza. Drive up unit on in well * Sales Representa�ve I Nknown, V E S T award M E N Twinning F O R building S A L E avail. facility. Good power, loading and parking. KW Gaming, Curves, Sco�abank & more. expand. John Hoffman* high traffic rd. in high density residen�al area. for sublease. Large windows, plenty of natural ** Broker James Boudreau**/ Gary Boudreau* Traffic counts over 40,184 cars. Strong tenant light. High traffic intersec�on sees almost R. Blake Hull* 24,860 SF·$3,900,000 · MLS:30504066 support. Shoppers Drug Mart, Dollarama, Kitchener· 4,139 SF · $8.95/SF + Utilities · MLS:30533693 40,000 cars daily. 24/7 electronic reader board 800 SF · $21.00/SF · MLS:30501217 · Waterloo Non‐designated heritage building 6,994 SF· $7.00/SF ·MLS: 30506432 · Kitchener Sco�abank, Swiss Chalet and many more. Kitchener · +1,634 SF storage @ no charge, M‐2 Clean space, good mix of office space w/light on University Avenue. Ideal for professional Rare main floor opportunity. High traffic in Downtown core. 3 floors of approx. 8,000 Lester Tobin* and assembly space. Easy Zoning, Great Value. Gary Boudreau* office or personal services. Colin Vogel* intersection of University & Bridge. Seconds SF each. Many uses, tech to retail. manufacturing from Hwy 85. Colin Vogel* John Hoffman* access to expressway. Roman Ginzburg*

* Sales Representa�ve * Sales Representa�ve ** Broker ** Broker

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COM_3916.indd 10

Please say you saw it in The Commercial Investor

2016-09-22 5:29 PM

Volume 16 Issue 09

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

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

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

G RCOLDWELL BANKER COMMERCIAL EAT RE‐DEVELOPMENT SITE LAND FOR SALE MULTI‐FAMILY FOR SALE 10,000‐20,000 SF · $4.41/SF GROSS · 25,182 6.60 Acres (+/‐) Commercial/Retail · 2.94 BUSINESS FOR SALE SF · $2,420,000 · MLS: KW1417598 Kitchener · MLS: 30512810 · Ceiling height Brockville Acres (+/‐) Residential · $1,000,000 Per Acre PETER BENNINGER REALTY, BROKERAGE · Some medical onsite. Walking · MLS: 30505507 6.60 Acres (+/‐) Commercial/Retail· 2.94 36 Units · $5,500,0000 13’ clear . Two 8’ x 8’ loading dock doors, · Tremendous Opportunity on · Exclusive from Hospital. Some new leases 2,000 SF · $259,000 · MLS:30524701 · 508 RIVERBEND DRIVE, KITCHENER, ON. Acres (+/‐) Residential · $1,000,000 Per Acre· distance Kitchener · Brand New! 100% Leased, 100% conveyor, Tremendous elevator, Opportunity alarm on system, major arterial road. Considerable exposure Income Exclusive major pending. John Hoffman*/Gary Boudreau* Kitchener · Burger kitchen located at high guarantee& bldg warranty. Phone: 519‐743‐5211 surveillance sprinklers, washrooms. arterial road. system, Considerable exposure along along Ottawa St. Concepts for res portion Generously sized units finishes, 50 w/premium seats. No Franchise. 66.58 Ac. · $2,200,000 EXCLUSIVE· Cambridge traffic intersection. Ottawa St. Concepts for res portion incl. 140 Lester Tobin* incl. 140 consideration stacked town homes or a 134 unit steel appliances, in suite laundry, www.coldwellbankerpbr.com/commercial Under to e: commercial@coldwellbankerpbr.com change OP stainless Lester Tobin* stacked town homes or a 134 unit retirement retirement homes or a 134 unit retirement Separate hydro & gas meters. Located steps designation to industrial. Peter Benninger** G REAT RE‐DEVELOPMENT SITE MULTI‐FAMILY FOR SALE L A N D Funit O R S A L E facility. homes away from shopping & expwy On major 16,217 or SF a · 134 $875,000 retirement · MLS: 30511873 25,182 facility. Peter SF · $2,420,000 · MLS: Benninger** KW1417598 1,800 SF · $149,000 Peter Benninger** · MLS:30518173 Approx.217 Acres · $4,340,000 · EXCLUSIVE transit route. Eric Reiner* New Hamburg · Well located just off hwy 7, Brockville · Some medical onsite. Walking Waterloo · Nick & Nat’s Uptown 21. A well 6.60 Acres (+/‐) Commercial/Retail· 2.94 Waterloo 36 Units · $5,500,0000 · MLS: 30505507 D E V E L Ofrom PRegion M E NHospital. T· Currently L A NSome D Being F Onew R Farmed. leases S A L E established and highly respected full service well built building on 2 acres LAND AND BUILDINGS FOR of land. SALE distance Acres (+/‐) Residential · $1,000,000 Per Acre· · Brand New! 100% Leased, 100% Call for info pkg! Kitchener 9 Units · $895,000· MLS:30501031 · Kitchener pending. John Hoffman*/Gary Boudreau* 3,687 SF Tremendous · $775,000 Opportunity · MLS: KW1537347 3 . 5 8 A c r e s · $995,000 · Conestogo Income Ceilings from 13’ ‐ 18’ clear. John Hoffman* Exclusive on major Peter Benninger**/Colin Vogel* guarantee& bldg downtown warranty. property desirable fine/casual dining in restaurant located in St Why pay rent? Excellent Jacobs arterial road. · Considerable exposure along 30506497/63050504 · Backs onto forested location. Generously sized w/premium finishes, Close to units farmer's market, city hall, Waterloo’s uptown. Lester Tobin* 66.58 Ac. · $2,200,000 EXCLUSIVE· Cambridge opportunity for Owner/User. Redevelopment Ottawa St. Concepts for res portion incl. 140 · re‐development $4,000/month · opportunity. MLS: KW stainless INDUSTRIAL WAREHOUSE FOR LEASE/SALE 2.8 area. Ac.Land Excellent steel appliances, in suite oversized laundry, courthouse, etc. Upgraded Under consideration to change OP new potential. stacked town homes or a 134 unit retirement · Fully fenced with one gate, units Separate hydro & gas meters. Located baths, steps 13,735 SF · $4.95/SF · $890,000 · Cambridge 1514567 featuring newer kitchens, James Boudreau** designation to industrial. Peter Benninger** EXCLUSIVE CAR WASH BUSINESS FOR SALE · James Boudreau**/ Gary Boudreau* homes or a 134 unit retirement facility. and compacted. Bleams Road stainless away from shopping & expwy On major steel appliances Large lot with graveled MLS:30530747/30530740 · Freestanding Brantford · Full service, fully automated car Peter Benninger** coming through in the Spring of 2015! transit route. Eric Reiner* Acres · · $4,340,000 · ·EXCLUSIVE excess land. CR1 zoning provides future E V E L O PIndustrial/Warehouse. M E N T L A N D F O R Centrally S A L E Approx.217 Approx. 217 Acres EXCLUSIVE Waterloo facility D wash in major traffic area. Lester Tobin* John Hoffman* Waterloo Region · Currently Being Farmed. potential (approx. 0.40 Acres). 3 . 5 8 Awith cAND r e saccess · BUILDINGS $995,000 · Conestogo located oﬀ 2 streets. 10,400 SF · Region Currently Being Farmed. Call for info development LAND FOR SALE Call for info pkg! 9 Units · $895,000· MLS:30501031 · Kitchener Mike Flynn* Exclusive · Backs onto forested area. 3,687 SF · $775,000 · MLS: KW1537347 1.03 Acres · $1,995,000 · MLS: 30502898 pkg! Peter Benninger**/Colin Vogel* Income property in desirable downtown Warehouse, 3,335 SF Oﬃce. Lester Tobin* Peter Benninger**/Colin Vogel* Excellent opportunity. St · Why pay rent? Excellent 1 Acre of Urban Development Land. Wide location. Jacobs re‐development 4,437 SF Close · $499,000 · market, MLS:30516625 to farmer's city hall, · James Boudreau**/ Gary Boudreau* opportunity for Owner/User. Redevelopment 2.8 · MIXED $4,000/month · Boudreau* MLS: KW new HIGH Ac.Land DENSITY USE DEVELOPMENT 6,287 SF · $7.00/SF · MLS:KW1531928 · range of uses permitted. James Waterloo · Established since 1996 with courthouse, etc. Upgraded oversized For Commercial Real Estate potential. · Fully fenced with one gate, units featuring newer kitchens, baths, COMMERCIAL DEVELOPMENT LAND thru FOR truck SALE 1514567 3.25 Acres · $5,850,000 · EXCLUSIVE Kitchener · Rare to find! 2 drive many locations throughout Ontario. Family 10.87 Acres · $3,600,000 · EXCLUSIVE · Solutions in Canada's Technology James Boudreau**/ Gary Boudreau* graveled and compacted. Bleams Road steel contact appliances Large lot our with 5,498 SF (approx) Kitchener · Frontage on 2 major streets at stainless with pit. · $850,000 Tool room · Kitchener attached. Brantford · High traffic, high visibility. Part of style Triangle, restaurant with any liquor and bays, one one license of coming through in the Spring of 2015! excess 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 intensification corridor being studied by the the gateway to downtown Hoffman* Kitchener. seating for 148 + 25 on patio. Lester Tobin* Abundant yard space avail. at extra cost. sales representatives, or call John development potential (approx. 0.40 Acres). Redevelopment parcel. James Boudreau** 3 John . 5 8 A c r e s · $995,000 · Conestogo Excellent access to Hwy 401 via Hwy 8 Mike Flynn* Hoffman* · city. Peter Benninger** 519‐743‐5211. Exclusive · Backs onto forested area. Acres · $1,995,000 · rail MLS: 30502898 Directly on proposed light transit route. L A N D & B U I L D I N G S ‐ I N V E S T M E N T O F F I C E 1.03 For Commercial Real Estate Excellent re‐development opportunity. 0.35 Acres · $1,425,000 · Exclusive · Kitchener 1 Acre of Urban Development Land. Wide SALES REPRESENTATIVES: 12,853SF ·$2,500,000 · 30501592 Kitchener Peter Benninger**/Colin Vogel* 9,360 SF · $6.50/SF · MLS: · opportunity in the heart of Solutions in Canada's Technology James Boudreau**/ Gary Boudreau* Development range of uses permitted. James Boudreau* MLS# 30503036· Multi‐tenant office building. Kitchener · 7,699 sf 16 dock shipping area. downtown Kitchener. Capitalize on current For Commercial Real Estate Triangle, contact any one of our Gary Boudreau * · ext. 3029 Centrally located. Zoning & property suitable COMMERCIAL DEVELOPMENT LAND FOR doors, SALE DC exemptions. 4,800 SF (2 bldgs.) · 0.9 Ac. $699,000 · · Solutions 1,661 sf office w/drivers area, new 10.87 Acres · $3,600,000 · EXCLUSIVE in Canada's Technology for many uses. James Boudreau**/ sales representatives, or call James Boudreau ** · ext. 3020 5,498 SF (approx) · $850,000 · Kitchener Peter Benninger**/ Colin Vogel* MLS: 30508944 · Paris · Located at major Brantford · High traffic, high visibility. Part of bright, well windowed. John Hoffman* Triangle, contact any one of our Gary Boudreau* Selby Colson * · ext. 3100 EXCLUSIVE · Income potential from buildings. 519‐743‐5211. intensification corridor being studied by cars the sales representatives, or call intersection, avg. traffic count 17,500 Mike Flynn * · ext. 3037 Redevelopment parcel. James Boudreau** city. Peter Benninger** 519‐743‐5211. Zoning permits many uses. daily. 6,994 SF · $6.00/SF · MLS: 30506432 · HIGH DENSITY MIXED USE DEVELOPMENT Roman Ginzburg* · ext. 3103 BUSINESS FOR SALE John Hoffman * · Emix Bill Halpenny* Kitchener L3.25 A N D & Acres· B U· I L DClean I N $5,850,000 G Sspace, ‐ I N V Egood STM NEXCLUSIVE T of O Foffice F I C E 0.35 Acres · $1,425,000 · Exclusive · Kitchener · ext. 3040 SALES REPRESENTATIVES: SALES REPRESENTATIVES: Kitchener · Frontage on 2 major at Development 12,853SF ·$2,500,000 · and streets Kitchener space w/light manufacturing assembly opportunity in the heart of Bill Halpenny * · ext. 3120 Peter Benninger** · ext. 3000 the gateway to downtown Kitchener. downtown MLS# 30503036· Multi‐tenant office building. L A N D & B U I LKitchener. D I N GSHOP S ‐ ICapitalize N V E S TAND M E Non T O F FLOT ICE current space. Easy access to expressway. MECHANIC R. Blake Hull* · ext. 3032 Excellent access to Hwy 401 via Hwy 8 DC Gary Boudreau * · ext. 3029 Centrally located. Zoning & property suitable Gary Boudreau * · ext. 3029 1,440 SF· $559,000·MLS: KW1535223 12,853 SF · $2,100,000 · exemptions. Kitchener Eric Reiner* · ext. 2099 Roman Ginzburg* 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* MLS# 30503036 · Multi‐tenant office Lester Tobin* · ext. 3023 James Boudreau ** · ext. 3020 Peter Benninger**/Colin Vogel* Gary Boudreau* quarter acre site. Ideal for used car sales. Selby Colson * · ext. 3100 Colin Vogel* · ext. 3110 building. Centrally located. Zoning & R. Blake Hull* Mike Flynn * · ext. 3037 Mike Flynn * · ext. 3037 Harmony Voisin · ext. 3117 8.28 Acres · $1,558,000 · MLS: KW1522201 property suitable for many uses. HIGH DENSITY MIXED USE DEVELOPMENT Roman Ginzburg* · ext. 3103 L A N D F O R S A L E B U S I N E S S F O R S A L E · ext. 3103 Cambridge · Fantastic location to build up to Roman Ginzburg* 3.25 Acres· $5,850,000 · EXCLUSIVE 1,800 James Boudreau** SF · $195,000 ·MLS:30502387

John Hoffman * · ext. 3040 64,207 sq. ft. in 2 buildings. Many uses within Kitchener · Frontage on 2 major streets at Waterloo BROKER OF RECORD: · Well established and highly John Hoffman * · ext. 3040 Bill Halpenny * · ext. 3120 M3 including residential. Kitchener. In park MECHANIC the zoning gateway to downtown SHOP · fine/casual AND LOT R. respected service dining 8.28 Acres · full $1,558,000 MLS: KW1522201 Blake Hull* · ext. 3032 setting. John Hoffman* Bill Halpenny * · ext. 3120 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. 20,000 SF,5.41 Acres · $1,400,000· Cambridge · Fantastic location to build up to Eric Reiner* · ext. 2099 Directly on proposed light rail transit route. Kitchener · Established mechanic business on Lester Tobin* MLS: 30511105 St Thomas · Residential 64,207 sq. ft. in 2 buildings. Many uses within R. Blake Hull* · ext. 3032 Lester Tobin* · ext. 3023 Peter Benninger**/Colin Vogel* quarter acre site. Ideal for used car sales. Re‐Development Site. Former school M3 zoning. In a park setting. John Hoffman* Colin Vogel* · ext. 3110 Eric Reiner* * Sales Representa�ve · ext. 2099 R. Blake Hull* Harmony Voisin · ext. 3117 surrounded existing single family homes. 8.28 Acres · by $1,558,000 · MLS: KW1522201 Lester Tobin* · ext. 3023 ** Broker Cambridge · Fantastic location to build up to Property subject to re‐zoning for 30 single 1,800 66.58 Ac. · EXCLUSIVE SF · · $2,200,000 $195,000 ·MLS:30502387 64,207 sq. ft. in 2 buildings. Many uses within Colin Vogel* · ext. 3110 lots & one 4 unit townhome lot. BROKER OF RECORD: Waterloo Well established and highly Cambridge · · Under consideration to change M3 zoning including residential. In park respected full service fine/casual dining Lester Tobin* OP designation to industrial. Harmony Voisin* · ext. 3117 setting. John Hoffman* restaurant Peter Benninger** · ext. 3000 located in Waterloo’s uptown. Peter Benninger** Lester Tobin*

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

COM_3916.indd 11

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2016-09-22 5:29 PM

inthenews

Ontario’s strategic investments creating jobs and growing the economy Province releases Business Support Program investment details

ntario’s business support programs are leveraging private sector investments and have helped to create and retain 68,501 jobs across the province since 2013, including over 19,000 jobs and $2 billion in investment for the province’s auto sector.

The two regional funds support economic development in targeted geographical regions:

The province released a new report highlighting the job creation and private investments supported by the Jobs and Prosperity Fund (JPF), the Eastern Ontario Development Fund (EODF) and the Southwestern Ontario Development Fund (SWODF). Together, these funds are helping Ontario companies drive innovation and remain competitive in an increasingly global economy.

QUICK FACTS

Ontario is also fulfilling a commitment to release business support program investment details through its Open Data catalogue. Data from 2013 to March, 2016 is now available and will be updated annually each June to include projects signed in the previous fiscal year.

Eastern Ontario Development Fund (EODF): $33 million in Ontario support is securing over $308 million in private sector investment, resulting in commitments to create and retain 6,326 total jobs in the region Southwestern Ontario Development Fund (SWODF): $91 million in Ontario support is securing over $949 million in private sector investment, resulting in commitments to create and retain 24,879 total jobs in the region. Strategically partnering with businesses is part of the province’s economic plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs. The four-part plan includes helping more people get and create the jobs of the future by expanding access to high-quality college and university education. The plan is making the largest infrastructure investment in hospitals, schools, roads, bridges and transit in Ontario’s history and is investing in a lowcarbon economy driven by innovative, high-growth, export-oriented businesses. The plan is also helping working Ontarians achieve a more secure retirement.

August’s job growth brings the total increase in employment since the recessionary low in June 2009 to 599,500. General Motors and Unifor have reached a tentative agreement that will enable new product investments at GM facilities in Ontario — a strong endorsement of the province’s globally competitive and highly innovative manufacturing sector. Independent, third-party review and analysis of the Southwestern Ontario Development Fund and Eastern Ontario Development Fund determined that they provide lasting benefits and value for participating firms, as well as the province, with the majority continuing to experience both revenue and job growth after projects have been completed. Ontario’s five-year, $400-million Business Growth Initiative is helping to grow the economy and create jobs by promoting an innovation-based economy, helping small companies scale-up and modernizing regulations for businesses.

The JPF helps secure private sector investment in Ontario, allowing the government to partner with businesses to enhance productivity, innovation and exports. So far, $784 million in government support has been committed, which has leveraged $7.32 billion in investment, supporting 37,296 jobs.

COM_3916.indd 12

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NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION COVERING: Brantford Chatham Grey & Bruce Counties Ingersoll London

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

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marketminded

Post-oil-shock recovery scaled back for Canada: CIBC Outlook calls for a weaker Canadian dollar to help stimulate exports and capital spending

fter absorbing the worst of what the oil shock could dish out, the Canadian economy is in better shape, but real GDP growth will fall short of two per cent in each of the next two years, finds a new report from CIBC Capital Markets.

“As it seeks to replace the role previously filled by energy sector capital spending, Canada will find that there’s a longer fuse for the stimulus now in place to spark a return to full employment,” says Avery Shenfeld, chief economist, CIBC.“Anemic capital spending plans, even outside the energy sector, suggest that the draw of a cheaper dollar isn’t yet enough to offset sluggish global growth and the resulting lack of pressure to add fresh capacity.” CIBC trimmed its growth rate for 2017 to 1.8 per cent from 2.1 per cent. The forecast for 2018 holds steady at 1.9 per cent real GDP growth. “By today’s standards, these subdued growth rates might be counted as good years, fast enough to narrow economic slack,” says Mr. Shenfeld.“Growth will be sufficient to make at least some gentle progress towards eliminating slack and restoring full employment – not enough for the Bank of Canada to hike rates before mid-2018, but with core inflation sticky, enough for the central bank to eschew a further rate cut.” He points to the headwinds of elevated inventories of autos, chemicals and

COM_3916.indd 14

machinery stateside – which are key target markets for Canadian exports – dissipating in the next few quarters. That will help to support profits and capital spending plans by 2018. But, in the coming year, the best news for capital spending will be that its pace of decline will ease off, the report says. While the timing is still fuzzy on the federal government’s infrastructure spending, that should add just over half of one per cent to Canada’s real GDP growth next year, says Mr. Shenfeld. In contrast, home building has likely peaked in terms of its contribution to economic activity, the report says. Despite strong housing demand in southern Ontario, national start levels will grind lower to 182,000 next year and 178,000 in 2018. To see an eventual upturn in capital spending and an improvement in non-energy exports, Canada will need to retain the more competitive exchange rate range that has prevailed since oil prices dropped in 2014, says Mr. Shenfeld. The upward creep in oil prices next year on its own would tend to push the loonie a few cents stronger, he says. But, countering that will be higher interest rates in the U.S. next to a stand-pat Bank of Canada. Canada-U.S. overnight spreads are expected to widen by 75 basis points, reflecting three U.S. Federal Reserve rate hikes while the Bank of Canada holds rates steady. “A longer wait for the Bank of Canada tightening has us weakening our 2017 forecast for the Canadian dollar by three cents versus our prior call, with a total decline of four cents from now to the end of 2017,” says Mr. Shenfeld. He forecasts the loonie will decline to 73 cents U.S. by the end of next year. It’s also a mixed picture for consumer spending. “Firmer gasoline prices will eat into household buying power, without being enough to spark a boom in oil industry employment,” says Mr. Shenfeld.“The longer-than-expected fuse to ignite export growth has also meant that job performance in high-paid tradable industries has been lacklustre, even beyond the expected retrenchment in energy.” Looking ahead, energy and manufacturing payrolls should stabilize by year’s end, and abetted by hiring tied to infrastructure spending, Canada’s employment growth will accelerate to 0.7 per cent next year and 1.1 per cent in 2018, he says. Consumer spending power will also get a lift from the arrival of more generous federal child benefit payments to families with children, he adds. Corporate profits should garner support as energy prices rebound and softness in the labour market contains compensation rates. “Workers, like Canadian policymakers, will have to wait more patiently for the prize of full employment,” says Mr. Shenfeld. Visit www.cibccm.com for more information on CIBC and CIBC Capital Markets.

2016-09-22 5:29 PM

20 ARGYLE STREET SIMCOE, ON 519.426.8816 1.866.426.8816 simcoe@coldwellbanker.ca

32 MAIN STREET S. WATERFORD, ON 519.443.7727 1.866.526.5204 waterford@coldwellbanker.ca

ACTION PLUS REALTY BROKERAGE

Each Office is Independently Owned & Operated

3916_DJW_0004

RESIDENTAL DEVELOPMENT

SIMCOE - FOR LEASE HIGH TRAFFIC LOCATION, approximately 2,700 sq. ft. on 2 levels .... $1,800 /Month MLS® HEART OF DOWNTOWN, 960 sq. ft. available .................................…. $800/Month MLS® FREE STANDING BUILDING, 800 sq. ft. with lots of parking ............. $1,200 /Month MLS®

PARCEL OF LAND - 10.5 ACRES, Under draft plan of subdivision (36 lots zoned res 1) Adjacent to Wal-Mart & all amenities. Central Location. MLS® $1,650,000

HIGH TRAFFIC LOCATION On Hwy #3 in Simcoe, previously a restaurant, upstairs features chef's apartment, great potential with commercial service zoning. Also available for lease. MLS® $219,900. Call Vince Gallea Sales Rep. C 519-718-2263

Call Doug or Al for further Details, Call Al Maes Sales Rep. C 519-427-4594, Doug Mitchell Sales Rep. C 519718-2300. 3916_DJW_0006

DOWNTOWN SIMCOE Great for retail or office with approximately 2,700 sq. ft. on 2 levels plus a full very useable basement. MLS® $169,000. Call Doug Mitchell Sales Rep. C 519-718-2300

SUBDIVISION - 19 REGISTERED LOTS! Unserviced residential lots in mature area in Simcoe. Close to schools, retail and other amenities. MLS® $800,000

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www.coldwellbankeractionplus.ca

11295751_3916

Commercial Real Estate & Business Opportunities

Southwest Ontario

Volume 16 Issue 09

DOWNTOWN PORT DOVER Commercial building with 2 businesses plus a 2 bedroom apartment on second floor with beautiful landscaped yard. MLS® $385,000 Call Gail Bouw Sales Rep. C 519-718-3629

COMMERCIAL PROPERTY FOR SALE 6,400 sq. ft. of office space consisting of 12 offices, 4 washrooms, 2 kitchens, 2 meeting rooms and 2 entry offices. Fully rented as of Oct. 1/2016. MLS® $474,900 Call Eva Dixon Sales Rep. C 519-429-0550

ALL INCLUSIVE IN RENT, 300 sq. ft. office space ………...............….. $600/Month MLS® MODERN OFFICE BUILDING, 1,900 sq. ft. available …..............…..…. FOR LEASE MLS® 2 RETAIL OUTLETS: Unit 1 is 1,875 sq. ft. – Unit 9 is 1,714 sq. ft. …. FOR LEASE MLS® WAREHOUSE, 8,100 sq. ft. 18’ high ceilings, loading dock ...........… FOR LEASE MLS®

Call Office For More Information

www.coldwellbankeractionplus.ca

The Sale, Leasing & Management of Real Property

Ramzi Twal

GRAND BEND, ONTARIO

Sales Representative

OFFICE 905.574.3038 CELL 905.741.7221

SALE | $2,850,000.00

2 minute walk to the beach!

Peter Mullins, CCIM Broker of Record

519.642.0200 200 Queens Ave. Suite 107, London, ON

This 2.2 acre corner site comprises a 19 room Hotel, with bar & dining, plus a free-standing Bar (adjacent), combined AGCO licencing for 700+, log cabin residence, paved parking for 140, and private boat docks across from hotel. Call for details!

One of the Best Corner Sites in SW Ontario!

petermullinsrealty.com peter@petermullinsrealty.com

ramzi@ramzitwal.com www.ramzitwal.com

MACRO REALTY

1.888.751.2229

EXPERIENCE COUNTS

Commercial/Residential property on Highway #22, Komoka. Excellent exposure. Well kept 3 bedroom apartment on second floor, 1500 square ft. Retail on main floor, presently vacant. 4000 square foot warehouse/workshop with own man door and 11x10 door leased for 1 year. Second warehouse (1400 square ft.) with 11x9 door rented as a small engine repair shop and storage on a month to month. All measures approx. Do not go direct. MLS H3185712

11281976_3916

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Please say you saw it in The Commercial Investor

COM_3916.indd 15

2016-09-22 5:29 PM

Volume 16 Issue 09

Sutton - Huron Shores Realty Inc. Brokerage Independently Owned and Operated

606 Goderich St., Port Elgin, ON N0H 2C0

519-797-1007

1-888-727-1007

Southwest Ontario

Brian Shular

Doug Freiburger

Kaitlyn Shular

Judy Howard

Corinne Draesner

Broker of Record

Sales Rep.

PRIME HWY COMMERCIAL

11241815_3916

Commercial Real Estate & Business Opportunities

5097 Hwy. 21, Port Elgin $489,000 • Located on 3/4 acre in a Prime Commercial Area • Large parking lot, currently a small engine shop • Seller's will hold Mortgage w/$100,000 down • Business & Inventory negotiable • MLS #411044000520500 3916_DJW_3_0005

LOCATED IN THE CENTRE OF 583 Catherine St., Port Elgin PORT ELGIN $499,999 • 3 Commercial Rental Units w/ Long Term Tenants • Large Shared Parking Lot • Located at one of the Busiest Intersections in Port Elgin • A profitable Investment • MLS #411046000429800 3916_DJW_4_0021

www.suttonhuronshores.com Not intended to solicit properties currently listed for sale.

11007505_3916

Dave Spencer

SAL E S RE PRE SE NTAT I V E 62 1st Avenue South Chesley, Ontario N0G 1L0

519.363.2410 PHONE: 519.363.3726 davespencer@bell.net

HEART OF DOWNTOWN

2,000 square foot retail space with great window display and rear loading area. Two residential units upstairs for extra income. Good investment opportunity.

$120,000

$119,900

1316_DJW_6010

EIGHT UNIT INVESTMENT

2 commercial units and 6 residential. Great location with parking. Building is in good condition.

$144,900

EXCELLENT OPPORTUNITY

Operate your own business and live on site. Approximately 1800 square feet of retail space and a modern 1100 square foot apartment has open concept living and rear access. Chesley's downtown core. 1316_DJW_6011

AUTOMOTIVE SHOP

1316_DJW_0012

Successful business on the edge of Chesley. Includes all equipment, inventory and client list. An opportunity for owner consultant and employment of existing mechanic.

$365,900

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Please say you saw it in The Commercial Investor

COM_3916.indd 16

2016-09-22 5:29 PM

11310678_3916

Commercial Real Estate & Business Opportunities

royal lepage BranT realTy inc. Brokerage

Jason TBROKERAGE angorra REAL ESTATE Broker/owner

(519)

209-1543

John Dignan sales represenTaTive

519-759-6800

(519)

771-8577

$15.00 + $3.00 SQ. FT. The Hot Corner. This office location is located in the heart of Brantford. Close to shopping malls, big box stores and second to none visibility from a high traffic intersection. $3.00 CAM fees.

3 ELM ST., PARIS

16 A MARKET ST., BRANTFORD

1165 COLBORNE ST, BRANTFORD 3516_DJW_0039

$1,032,000 Approximately 86 acres. 57 workable and currently leased. Potential work/live opportunity in the heart of Brant County.

3516_DJW_0038

$15.00 + $5.00 SQ. FT. 1400 sq. ft. prime commercial multi-use space in the heart of Brantford's downtown core. Laurier students, the new YMCA (scheduled to open) and Harmony Square are the main reasons why this location commands high foot traffic. Brantford is one of Ontario's most popular real estate investment cities, come see why!!! Office space, medical clinic and pharmacy are 3/65 possible uses for this space. $5.00 CAM fees.

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3516_DJW_0036

2A HOLIDAY DRIVE, BRANTFORD

3516_DJW_0035

ONANDAGA ROAD, BRANT

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102-120 COLBORNE ST., BRANTFORD

6 UNITS AVAILABLE Paris is Ontario's best kept secret. Residential development is running rampant, fueling the growth of retail, commercial and industrial development. Leasing space in or close to the downtown core of Paris is a rarity.

$15.00 + $3.00 SQ. FT. Existing bar with outdoor patio. Located in middle of Downtown, close to Casino and Student Campus. $3.00 CAM fees.

$700/MTH Great location minutes from Ancaster. 2 Bays ideal for automotive repair. Seller would consider selling the lot.

Southwest Ontario

Volume 16 Issue 09

ROY A. BOYES REAL ESTATE 519.397.0928 boyesre@gmail.com Trailer Park

170 rentals, Ipperwash, Ask 2.3M

Restaurant

Chinese, $600,000, Includes Property

Plaza Esso Plaza

4 units, Variety Store included. $700K Gas, Store, 2 Rentals. Ask $1.2M

Petro

3.5M Litres, Store 700K, Ask 1.7M

Motel

50 Rms., + Restaurant Lease, Ask 2M

Golf Course

Gross 650K, 18, SW Ont. Ask 1.5M

Golf Course

London Area, 18, Gross 1.2M

Plaza

7 Cap, Pizza Hut. Ask 1.3M

Plaza

8 Cap, Simcoe, 59K, SQ. FT., 14M

Retirement Home

50 Rms, Gross $1M, Ask $1.7M

Retirement Home

20 Beds, Living Acc. Ask $720K

Hotel

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70 Rms, Full Service, Ask 2.4M

Please say you saw it in The Commercial Investor

COM_3916.indd 17

2016-09-22 5:29 PM

investorinsight

Market volatility makes Canadian Millennials uncertain about investing TD survey reveals misconceptions keep Millennials from investing on their own

n an environment where interest rates are low and there is greater volatility in the markets, Millennials have mixed views when it comes to which investing strategy is best. According to a recent survey commissioned by TD, 36 per cent of Millennials don’t know if it’s the right time to invest, while 22 per cent say it’s definitely not the time. Furthermore, onethird (37 per cent) say they do not invest at all.

“Younger Canadians are in the best position to take advantage of the current market environment and long term horizon, and learn how to manage their money independently through self-directed investing,” said Calvin MacInnis, senior vice president of TD Direct Investing.“For a generation with such a strong entrepreneurial spirit, it’s surprising that Millennials are still hesitating to invest; however, we’re

In addition to the uncertainty around market timing, there are other misconceptions when it comes to self-directed investing. For Millennials who do not engage in self-directed investing, the key reasons cited include lack of money (46 per cent), lack of financial knowledge (40 per cent) and confusion with navigating tools (24 per cent). To help overcome the perceived barriers associated with self-directed investing, TD Direct Investing offers the following “ABC Tips” to help Millennials invest on their own. ACT NOW: When it comes to starting to save for the future, no amount is too small. However, nearly half (46 per cent) of Canadian Millennials surveyed who don’t currently participate in self-directed investing admit that it’s because they don’t believe they have enough money. Nonetheless the first step to investing is simply to start, regardless of how much capital you have. With time on your side, a long investment horizon can help mitigate the risks of market volatility, and you also reap the benefit of compound growth and the prospect of multiplying returns. BRUSH UP ON BASICS: 40 per cent of Canadian Millennials surveyed who don’t invest on their own feel they don’t have the financial background or knowledge. However, you don’t have to be a stock-picking guru to get started – you simply need to look in the right place. TD Direct Investing’s WebBroker platform, for example, features a range of videos, webinars and seminars to help new and seasoned investors make informed decisions when managing their portfolios. You can also keep informed and engaged on timely topics and trends using Twitter, such as by following @TD_DirectInvest. CHOOSE YOUR OWN ADVENTURE: When it comes to investing, there are many benefits to being in the driver’s seat and steering the direction of your financial future. However, despite having easy access to technology, nearly one quarter (24 per cent) of Canadian Millennials surveyed who don’t participate in self-directed investing think it’s confusing to navigate online investing technologies. Look for a platform that is user-friendly, intuitive and includes educational resources to help get you started, especially when you’re looking to place your first trade. “There are many benefits to self-directed investing and we know that our clients like the control of managing their own investment decisions,” says MacInnis. “Not only is a platform like WebBroker fast and flexible, but the quickly evolving

already seeing this group begin to

technology provides more options and better convenience. We’ve recently made

embrace self-directed investing as they

some key changes to our platform, focusing on innovation to deliver enhanced

feel empowered by the online technology,

features and a superior user experience, helping investors reach their financial

and we expect this popularity will

goals.”

continue to grow.”

To learn more about TD Direct Investing, please visit tddirectinvesting.ca.

COM_3916.indd 18

2016-09-22 5:29 PM

Volume 16 Issue 09

Commercial Real Estate & Business Opportunities

George Gicopoulos Sales Representative

*Independently Owned and Operated

TWO CORNER PROPERTIES OFFERED TOGETHER FOR $550,000

SIXPLEX DOWNTOWN $479,000

Side by side properties located at the corner of Wharncliffe and Bruce. Over 10,000 sq. ft. of land with two buildings. Auto glass repairs, auto sales, both owner occupied. Ideal for auto related business or many other possibilities. Call for details. 3916_DJW_2_0241

Great investment in downtown London with 5 - 2 bedroom units and 1-1 bedroom. Rented below market value. Yearly gross income of about $47,000. Good solid building with VERY LOW VACANCY. Call today.

BUSINESS & PROPERTY LONG POINT - $625,000

NORTHWEST OF LONDON - $295,000.

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, arcade, Convenience, ATM, movies, ice. 10:00 A.M to 10:00 P.M. May til middle off September and could be extended for great sales & profits. Onsite parking plus municipal free parking at the front. 3916_DJW_4_0051

Auto use property just west of the lights in Lobo. 103 ft frontage. Over 500 ft depth. 3 garage doors. One hoist. Ideal for auto and related uses with many other possible commercial uses.

27 JOHN STREET, HAMILTON - $1,350,000

RESTAURANT IN CHATHAM - $245,000

Right in the heart of downtown Hamilton with plenty of new development all around. Great property, flexible possesion, ideal for re-development or as a going concern. Saigon Restaurant in very good condition and very profitable.

About 7,000 sq ft main floor restaurant operated by property owner. Licensed for a total of 285 inside and 85 on the two patios. Price for the business is way below replacement cost. This upscale restaurant with plenty of on site parking is in top condition, fully equipped and ready for your inspection or concept. Property could also be for sale. 3916_DJW_5_0023

3916_DJW_4_0022

Southwest Ontario

Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepagecommercial.com www.georgegicopoulos.com

11305025_3916

Royal LePage Triland Realty, Brokerage*

3916_DJW_4_0029

3916_DJW_2_8001

FAMILY RESTAURANT $895,000 DON LON Great business with over $200,000 bottom line plus over $100,000 in management wages. A-1 condition. Good long term lease. Over 100 seats.

RESTAURANT/BAR $245,000 DON LON Sales in the Âž million, with close to 50% in Beer and Liquor. Great long term lease for below 7% of sales. Very good condition. Easy operation.

AUTHENTIC POUTINERY $195,000 NIA SAR Easy operation. Counter service. Short hours. Profitable and simple. With long term franchise. Lease Only 1200 sq ft

PROPERTY & RESTAURANT BUSINESS DON LON Great business. Excellent location. Proven record. Property and Business for under 1.4 M or business only. Call to discuss

Please say you saw it in The Commercial Investor

COM_3916.indd 19

2016-09-22 5:29 PM

Volume 16 Issue 09

11291991_3916

Commercial Real Estate & Business Opportunities

WOODSTOCK

ROSEMARY BROWN

PETER VANDERSAR

SALES REPRESENTATIVE

BROKER

519-532-9049

519-536-1200

rosemarybrown@royallepage.ca

peter@petervandersar.com

519-539-2070

Southwest Ontario

FOR SALE

FOR LEASE

FOR SALE

155 feet deep well with 20 gallon/minute capacity

$824,900

$5.00 PER SqFt. BASE RENT

$990,000

Main barn (40 x 130) set up with 19 stalls & wash bay, office, 3 paddocks and 1/2 mile track. Further 30 acres tied growing soy beans. 1 1/2 storey older home (century). 40 x 80 driveshed with heated shop, concrete floor, insulated & water. Older bank barn for hay storage. Shared well with 5270 Trafalgar St. Tenants have horses in barn. Small bush lot. 3516_DJW_0041

Excellent manufacturing and warehouse space for lease in south Woodstock. 4 units available on Main St. west of Mill Street. Manufacturing, assembly or storage with overhead doors and loading docks. Close to 401 and 403. 7500 sq ft available on Aug.1st.

Unique 73 acre property near Drumbo with quick access to the 401. Come see this picturesque property that is ideal to build your estate home on this environmental farm and water restoration project with some reforestation on part of the farm. There are about 35 acres of workable land to grow corn, beans or alfalfa. There is also a 10 year old coverall building (95x50) on the property that could be used for storage, equipment and or livestock. Come and have a look to see if this property fits your needs or dreams0 2716_DJW_1_0056

3116_DJW_3_0032

FOR LEASE

5 HURON STREET, WOODSTOCK

BASE RATE: $13/SQUARE FEET Excellent downtown core location close to City Hall, banks and museum. Was Once Again Store location. Completely redone after fire in building. Approximately 5500 square feet retail space with full basement. C5 zoning. Come and have a look at this bright and cheery retail space. 3116_DJW_4_0063

1295 square feet of Commercial space for lease on the busiest intersection, the corner of Dundas and Huron Street in Downstown Woodstock, leasehold improvements available, other tenants include 7-11 gas bar and convenience store with postal services, Money Mart, tanning salon. Across the road are Tim Hortons, Rogers, Easy Financial, Twice The Deal Pizza and Wings and the Rexall Plaza. C5 Zoning. 3116_DJW_4_0028

1787 sq, ft. Prime location on Woodstock east end. This unit fronts on to high traffic location at corner of Dundas and Clarke Streets. Between National Pasta and Barburrito. Other tenants include Drivers and Vehicle Licence office. City Financial, Chiba Sushi and Papa John's Restaurants. C4-26 zoning allows many applications including retail, office, schools and restaurants. Lease hold improvements. For further information contact Listing Agents. 3116_DJW_1_0689

investorinsight

HAVE AN INVESTMENT? HERE ARE 3 THINGS YOU NEED TO KNOW

new series of investment reforms are being phased in by Canadian investment regulators to improve transparency and disclosure. Called the Client Relationship Model – Phase 2 or CRM2, the reforms sound like a character out of the latest Star Wars, but the new information it brings will make you a smarter investor. Phased in over three years, the most important CRM2 requirements come into effect this summer. Silvio Stroescu, vice president of deposits and investments at Tangerine outlines three things you should know about the changes:

1. You’ll know the exact dollar amounts you’re paying to your investment dealer. Once a year, your investment dealer will send you a report summarizing compensation earned such as trailing commission(s), in actual dollars, as well other earnings such as deferred sales charges or referral fees. This report will also provide a summary of other account charges like annual administration and transaction fees.

2. You’ll get a more complete picture of your return on investment. Annually, you’ll receive a report that provides your personal portfolio performance for the previous year and since opening your account. Previously, firms only had to disclose the rate of return for the fund overall. This additional information will tell you if you’re making money so you can ensure your investments are aligned with your long-term goals. 3. You may not see this information right away. It’s important to remember that although the new requirements described above come into effect July 15, 2016, most firms provide information on a calendar year basis. This means most investors will start getting their reports in early 2017. Learn more about how CRM2 affects Canadian investors at www.tangerine.ca/forwardthinking/investing/what-is-crm-2. - NC

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NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION

HAMILTON

HAMILTON 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

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Volume 16 Issue 09

Commercial Real Estate & Business Opportunities

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Escarpment Realty Inc., Brokerage Independently owned and operated.

Jerry Romano

905-389-9400

jerryromano@remaxescarpment.com

Sales Representative

RomanoRealEstate.ca

11265906_3916

5 BAY GARAGE - $599,900 3916_DJW_0051

Unit #11- 370 Wilson St. East, Ancaster Ontario

3916_DJW_0052

Hamilton

3916_DJW_0053

LIGHT INDUSTRIAL SPACE IN GREAT LOCATION!

6 SANFORD AVE N - HAMILTON, ONT. $1600/M

3916_DJW_0007

Fantastic location in Dundas. Light industrial space with bay door and ample optional office space. Fabulous value, water + heat included in rent. Tenant pays hydro. Parking available. 1350 sq. ft.

Salvador Lachica

Ramzi Twal

Broker

Sales Representative

OFFICE 905.574.3038 CELL 905.741.7221 ramzi@ramzitwal.com www.ramzitwal.com

5 Bay Garage in Central Hamilton, excellent building, approx. 3500 sq. ft. with mezzanine, parking for 20-25 cars. Great location. Presently a Transmission Repair Shop. Tremendous opportunity to start/ expand your business. Equipment negotiable. All measurements approximate. H3187439

905.929.6890

MACRO REALTY

salvadorlachica@royallepage.ca

1.888.751.2229

3516_DJW_0031

3516_DJW_1_0075

Excellent Location & Exposure! Building & lot with ample parking (40 vehicles). Across from Centre Mall (Barton E. & Ottawa N.). Presently used as Car Sales lot & Auto Repair w/2 service bays fully equipped and an office. Formerly small gas station. Trailer serves as Car Sales office included. Easy access to QEW. Flexible Possession. MLS H3188142. Motel 14 rooms with separate 2 sty 3 BRs building for owner/ manager use. Small 27 seat restaurant w kitchen. Hwy #3 runs along the north shore of Lake Erie. (Simcoe & Port Dover area). Popular route for visitors in the area. Income statement available to serious buyers. H3183545

Excellent investment. Commercial/Residential on a bus route, Central Hamilton location. Fully occupied by long term tenants. Ample parking. Need 24 hours notice for showing. H3178227

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EXPERIENCE COUNTS

3516_DJW_2_0074

3516_DJW_1_0076

Commercial/Residential property on a main Rd Hwy #22 in Komoka. (London area) excellent exposure. 3 bedroom residential & 1500 sq ft. Commercial retail on main floor, 2 workshops in the back presently used for small engine repair & 40 x 100' workshop used for boat upholstery and furniture repairs. Owner retiring. H3185712

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Commercial Real Estate & Business Opportunities

Hamilton

Volume 16 Issue 09

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Commercial Real Estate & Business Opportunities

Volume 16 Issue 09

BUILDING VALUE ON A RENTAL PROPERTY…IT’S ALL ABOUT THE NOI. Dino Nicosia, Broker of Record - Investpro Realty and Appraisal Ltd., Brokerage

8171452_3916

he real estate market is divided into many submarkets, such as commercial, industrial, vacant land and residential. The sub market for residential can be separated into two categories; the owner occupied and tenant occupied properties.

2. 3.

vacancy. Reduce property expenses without neglecting the property. Do not rent the equipment…own them.

1. INCREASING RENTS:

Hamilton

The value of the owner occupied property is mostly determined by supply and demand. This demand is significantly influenced by disposable income, interest rates, consumer confidence and political and economical climate. Although the tenant occupied property value is influenced by the same factors, in addition it is affected more importantly by the income it generates. With this type of residential property you are not just buying the bricks and mortar, you are also buying the income that is being produced from the rent. Therefore a tenant occupied property is also classified as an investment property. Since the value of an investment property is largely determined by the income it produces, we should relate this to running a business where the goal is to end up with money in our pocket at the end of the month. After collecting the rent and paying all the bills, the amount of money left over, (before making the mortgage payments), is called the Net Operating Income (NOI). To determine an accurate NOI, the expenses must include property taxes, insurance, maintenance, vacancy reserve, utilities, garbage removal, lawn service, plowing, wages and management fees if any. The NOI is directly tied into the Capitalization Rate (also referred to as the Cap Rate). The Cap Rate essentially represents the percentage return on an all cash purchase (not taking mortgage debt into account). Simply refer to the Cap Rate as being the return on the investment, and note that the Cap Rate will be determined by the current market sales in the area of the subject property. For example, let’s assume you purchased a 20 unit apartment building which generates an annual NOI of $100,000.00, and the purchase price of this property was $1,000,000.00. Therefore based on this purchase price, you are receiving a 10% return on the investment; or in other words, the Cap Rate on this purchase was 10%. Combined with the Cap Rate, the NOI will be instrumental in establishing the investment property’s value. Therefore if you want to increase the value of your tenant occupied property, you must improve your NOI. There are three major ways to increase the NOI: 1. Find ways to increase rents without affecting the

We will demonstrate the tremendous impact on value from rent increases, with this real life example. The ownership of a recently purchased 21 unit apartment building, created a business plan to renovate all units that became vacant and attempt to maximize their rents. They knew the great potential of increasing the NOI, which in turn would escalate the value of their property. The plan was to renovate and increase each unit by an average of $100.00 per month ($1,200.00 per year). Assuming that the current market Cap Rate is 7%, the value of the property would escalate by $17,000.00 by just increasing rent on one unit ($1,200.00 divided by 7% cap rate). In the course of one year they were able to maximize rents to ten apartment units for a total annual increase to the NOI by $14,000.00. This amount translated to an increase in value by $200,000.00. Before an investor undertakes this task, they should ask themselves; •

• •

Is it worthwhile to spend money for renovations if the rents can be increased as a result of the renovations? . Do the increased rents justify the expense? Will the increase in value as a result of the renovations justify the expense?

First let’s establish how long will it take to recoup the renovation costs? The answer comes down to doing the math. In the above example the renovation cost was approximately $3,000.00 per unit. After the renovation was complete the rents were increased by an average of $100.00 per month or $1,200.00 annually. It will take 30 months to recoup the expense or in other words the payback on the investment is 2.5 years. That equates to an approximate 40% annual return on the renovation investment, ($1200/$3000 = 40%). But most importantly the total value of the property based on a 7% cap rate had increased by $200,000.00. In this example, it’s clear that the renovations at a cost of

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Commercial Real Estate & Business Opportunities

$3,000.00 per unit ($30,000 for all 10 units) was a prudent investment

to review your application. Once the officer completes his investigation you will be notified on their decision.

2. REDUCING EXPENSES: Reducing property expenses is often the most cost effective way to improve the NOI and increase value.

Should you not agree with the results from the reconsideration process, you still have the option for an appeal. The appeal process is more involved and will not be covered in this article.

Utilities: Assess how much you are paying for heat, water and hydro and then establish how you can reduce these charges. • • •

Water: Conduct routine checks for water leaks and running toilets in each unit Heat: Check for loss of heat from windows, dirty radiators, old boiler system Hydro: If you are paying for the unit hydro, remember that old fridges consume more; charge extra for the use of A/C window units and check the timer to the common area and exterior lights. Educate your tenants on the benefits of energy conservation.

Realty Taxes: Are you paying too much realty tax? Let’s face it, paying too much realty tax on investment properties could significantly impact the NOI and dramatically reduce value. Unfortunately most investors take this large expense for granted and assume that the assessment on their investment property is correct and never bother to investigate it. The reality is that many landlords are paying too much realty tax without being aware of it. As an owner, you should make a point to investigate if you are paying too much realty tax on all your properties. I would like to share another real life experience of how an owner reduced his property tax by over $10,000.00 per year. In a transaction about 4 years ago, I noted that the property tax on my client’s new acquisition (a 20 unit apartment building in Hamilton, ON) appeared to be extremely high, based on my many comparables. Doing a quick check I calculated that the realty tax was about $12,000.00 too high. The first step was to ask MPAC to review the assessment through a simple on line application called Request for Reconsideration (RfR)” Do your homework by obtaining the assessments on similar properties. If you are convinced your property is over assessed, then simply go to the MPAC website and follow the instructions; download, and fully complete the (RfR) form. A local assessment officer will be appointed

In reference to the application for the Request for Reconsideration by my client I am pleased to say it was a huge success. The owner received a revised tax assessment and a refund cheque for over $11,000.00. It was not just the refund that was gratifying, the increase in the NOI as a result of the realty tax reduction translated to a huge rise in value. By taking the revised net income and using a market cap rate of 7%, this equated to about a $150,000.00 increase in value!

Hamilton

Volume 16 Issue 09

3. RENTAL EQUIPMENT: Another relatively easy way to reduce your expenses and increase the NOI is to eliminate rental equipment. Make a plan to owning them instead. We continue another real life example of how the property value was increased for a 21 unit apartment building. The hot water tank rental was approximately $300 per month (including taxes) which equated to $3,600 per year. The cost to purchase and install the equipment was approximately $4,000.00. The purchase of this hot water tank was a great investment simply because of the approximate one year payback! But more importantly, this change also increased the property value by simply reducing the operating expenses (or increasing the NOI) by $3,600.00 per year. How much would the property value increase after this relatively low investment? To assess the impact of the $3,600.00 of extra income that was generated by reducing the annual hot water rental expense, we need to divide this amount by the market Cap Rate. Let’s assume the current market Cap Rate is 7.0%, therefore by dividing by this Cap Rate the value had increased by $51,000.00, just by improving the NOI. ($3,600/7.0% = $51,000.00). The above scenarios demonstrate how simple investment undertakings produced a tremendous return rate and helped generate a huge increase in property value. One can now clearly see that increasing rents and/ or lowering expenses, (even if it requires expenditure to do so), is a wise decision. On the first real life scenario, the property was just sold for a $300,000.00 profit, after only one year of ownership.

Remember, it is all about the NOI.

8171394_3916

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Volume 16 Issue 09

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 dino@investprorealty.com

Kandy Thompson,

Sales Representative

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

www.investprorealty.com 12 UNITS - DESIRABLE JAMESVILLE Hamilton

Great opportunity, near West Harbour and minutes to GO Station. Severance approved. Large lot with full parking. Asking $1,950,000. Principals only please. Visit our website for more details. 3916_DJW_0030

3916_DJW_0031

LEGAL 7 UNITS

Minutes to downtown. Two properties on one parcel of land with severance possibility. Two garages. Rents have huge upside. Asking price $800,000.00. Visit our website for more details.

3916_DJW_0032

TWO FAMILY HOME, NEAR DOWNTOWN HAMILTON

"Unbeatable location in "Corktown Neighborhood". Walking distance to Go Station and downtown. Ideal for in-law suite, or live in one home and let the rent from other pay your mortgage. For details visit our website".

D L O S

3916_DJW_3_0013

8 UNITS, WEST HAMILTON

D L O S Desirable Locke Street location. Parking for 6 cars. Asking $809,000. For details contact Dino Nicosia, Broker or visit our website for 3916_DJW_1_0068 financial information.

Before you invest, Deal with the best. Call Investpro Realty. Please say you saw it in The Commercial Investor

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Volume 16 Issue 09

Commercial Real Estate & Business Opportunities

Hamilton

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RE/MAX Escarpment Realty Inc Brokerage

4 FIELD RD, NANTICOKE $729,900 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. 3916_DJW_1_0036

2.87ac prprty loc.in Nanticoke's Indstrl Park-mins to US Steel+Esso Refinery-45 mins/Hamilton.Incs 2002 blt 5500sf insltd bldng w/in-flr heat, 17'ceilngs, 6 overhead drs,1100sf offc, secured cmpnd, 600 amp, vhcle hoists. Ideal satellite trucking/manufacture depot. Impossible to replicate at this price. Zoned MH-2

3916_DJW_1_8002

3097 HOMESTEAD DRIVE, MOUNT HOPE $4,600,000

63 8TH CONCESSION, BURFORD $899,000 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" 3916_DJW_1_0037 3916_DJW_2_0012

11.9 ac Dvlpmnt Opprtnty on Prime crnr lot w/3 rd frntgs! Zoned "DD" & designated "District Commercial" under Mt. Hope Secondary Plan which allows for commrcl & possibly mixed use rsdntl. Hwy exposure & close to Hmltn Airport, QEW & 403. Buyer to complete all due diligence. Development incentives from the City! Call LA for more info.

3916_DJW_1_0062

49 NORFOLK ST N, SIMCOE - $449,000

868 NORFOLK ST S, SIMCOE $349,000

2005-2007 MAIN STREET NORTH, JARVIS - $299,900

This beautifully updated commercial building offers a highexposure loc. on sought-after Norfolk St. Warm reception area, 9 offices, fully equipped board rm, 2 bthrms, 2 kitchenettes, walk-in safe & full bsmnt for storage. Rear prkng area & entry. Flex zoning allows for many uses. Flex. possession available. Will not disappoint.

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!

Excellent opportunity to own local icon - "Golden Cactus Restaurant". Loc. in dwntwn Jarvis est. large/loyal clientele w/ same owner since '77- (retiring). Sit 55x264 lot (2 sep. lots) w/st+rear parking. Incs banquet hall, all equipment, 3 bdrm res. unit, garage. Att. equip/room size sch. Licensed for 121/ no P & L avail.

3916_DJW_1_0019

3916_DJW_1_0052

3916_DJW_1_6670

LOT ON FIELD ROAD - NANTICOKE $239,900

107 QUEEN ST, DUNNVILLE $179,000

2007 MAIN STREET SOUTH, JARVIS $125,000

Rare 2.86 ac Industrial Lot in Nanticoke Ind. Park.Incs 283' Field Rd frontage-wtr/swr/hyd. at/near lot line-n/gas at adjcnt lot. MH-2 zoning may allow for small fabricator/machine shop/truck depot. Buyer/Buyer's Solicitor to verify prmttd uses/zoning, attaining of bldng permits, cost of levies/dev. charges/HST.

Mystical, magical Comm/Res prop. maintaining laid back Caribbean inspired theme. Loc. in Dunnville's downtown shopping district w/hi-pedestrian volume + Grad R. views. Ftrs 2 story Res. unit w/new kitchen '16, w-out to priv. court/ cabana, 2 UL bedrms, new 4 pc bath '16, 500sf retail unit w/4pc bath. CAPTIVATING!

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!

3916_DJW_1_0021

3916_DJW_1_0020

3916_DJW_1_0001

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Volume 16 Issue 09

Commercial Real Estate & Business Opportunities

9742018_3916

Cosmo Costa SALES REPRESENTATIVE

Your Investment Property Specialist

STATE REALTY BROKERAGE

INDEPENDENTLY OWNED & OPERATED

Hamilton

CENTRALLY LOCATED 10 UNIT

EAST END ALL BRICK CONSTRUCTION

All brick construction building consisting of 6-1BR, 3-2BR & 1 Bachelor, some parking separate meters. GROSS INCOME $68,400. N.O.I. $45,283

7 units. Main floor commercial. Some parking. Separate furnaces, hydro meter, new roof, etc. GROSS INCOME OF $60,000. N.O.I. $45,000

1716_DJW_0053

www.cosmocosta.ca

FREE STANDING ALL BRICK CONTR. 3/large 1 bdr units plus a laundrymate business. GROSS INCOME OF $41,300 N.O.I. $25,319.

1716_DJW_0052

3516_DJW_6666

CALL 905-662-6666

HOW TO REGISTER: Phone: 289-208-5445 Email: info@hamiltonapartmentassociation.ca Web: www.hamiltonapartmentassociation.ca 11294991_3916

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Volume 16 Issue 09

10339498_3916

Commercial Real Estate & Business Opportunities For

Further inFormation:

John hryczynski Broker

(905)

529-5900 x 240

email:

RETAIL FOR LEASE

24 UNIT APARTMENT BUILDING Rare opportunity to purchase this clean and well maintained 4 story 24 unit building in the heart of Brantford with close proximity to many services and amenities. Building contains 1x1, 21x2 & 2x3 bedroom units fully rented, the upper 12 units are 2 stories. 35 parking spaces. Zoning permits retirement & group home uses as well. Asking $1,899,000, call for details.

WEST HAMILTON LOCATION Prime West Hamilton location located near downtown. This property is in for site plan approval for a mixed use residential & commercial development consisting of approx. 103 residential units and 4,000 sf of commercial space with surface & underground parking. The property has existing usable buildings presently leased for extra income until development occurs. Asking $2,590,000, call for further details.

HAMILTON CENTRAL MOUNTAIN Prime retail/office space located across from the Lime Ridge Mall on a dominant retail corridor with many National tenants. Excellent exposure to high traffic with easy access to E/W Expressway. The lease premises are 4,900 sf and have a large open area suitable for most retail/office uses, asking only $13.95/ sf net. Immediate possession, abundant parking.

NEW RETAIL PLAZA FOR LEASE

RETAIL FOR LEASE

RETAIL/OFFICE FOR LEASE

3916_DJW_0054

3916_DJW_1_0072

RESIDENTIAL DEVELOPMENT SITE 3916_DJW_0055

APARTMENT BUILDING FOR SALE

commercial real estate

real estate sales and leasing serviCes

3916_DJW_2_0071

3916_DJW_2_0062

CALEDONIA BUSINESS DISTRICT A new mixed use plaza devleopment in the downtown business district with occupancy in Fall 2017. Excellent exposure along this busy major arterial through the centre of this growing town and located just west of the new 3500 residential unit development now under construction. Retail units from 1,000 sf to 5,000 sf. Ideal opportunity for most retail/ office uses. Suitable for most national tenants, call for details.

PRIME LOCKE ST. S LOCATION Prime corner location at Charlton Ave. with excellent exposure in the heart of this sought after Locke St. Business district. This bldg. has been recently renovated throughout and consists of 2,440 sf ground floor commercial space with loads of windows, 3/4 usable basement, attached garage & parking. Ideal for most retail/restaurant or office uses. Call John for details.

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 space: Unit 6 – 4,428 sf and Unit 7 – 4,063 sf, units may be combined and are ideal for most retail uses and Unit 29 – 1,520 sf, ideal for bar restaurant/fast food use Immediate possession.

11292930_3916

3916_DJW_2_0069

CONDITIONAL SALE

Hamilton

CommerCial

John@BBsrealty.com

www.BBsrealty.com

REAL ESTATE BROKERAGE

Mazhar Roshan Sales Representative

905.929.9800 647.609.9463 905.574.6400

HomeLife Professionals Realty Inc.

Direct GTA Direct

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

Office

mazharroshan@sympatico.ca FOR SALE - STONEY CREEK

HAMILTON - $249,900

NEED TO SELL YOUR BUSINESS OR COMMERCIAL PROPERTY? THIS SPACE IS FOR YOU!

Live and work in this newly constructed unit. 1100 sq ft retail units plus basement and 1200 2 bedroom apartment upstairs. Close to highway, shopping parks and on bus route. Call for details.

3916_DJW_3_0020

EAST HAMILTON

Long established. 30 years in business. Great location. No other competition in the area. Doing approx. $40,000 in monthly sales. Call for more information.

3916_DJW_1_0016

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

CALL FOR DETAILS

3916_DJW_1_6622

RETAIL STONEY CREEK MOUNTAIN

PLAZA FOR SALE

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 is estimated 10.00 PSF, immediate possession avail. 3916_DJW_3_0024

Fully leased plaza for sale net income $102,000. Anchor tenant Royal Bank. 30 minutes south of Hamilton. Cap Rate 6%. Call Mazhar Roshan for more details. 3916_DJW_3_0085

I HAVE QUALIFIED BUYERS FOR YOUR BUSINESS. CALL FOR INFORMATION. “My Business is to Sell Your Business”

Please say you saw it in The Commercial Investor

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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

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Automotive Related

Restaurant

Work Less Earn More! 11 Yr Established Profitable Filipino Restaurant W/Loyal Clientele For Sale. Prime Location In Busy And High Demand Mississauga! Great Exposure On Busy Street! Perfectly Situated In Central Commercial & Industrial Area! Opportunity Like This is Very Rare! $165,000. Ask For ID#CI1090

SAVE $$$ BUYING/SELLING!

905 502-9944

Worship Place/ Medical/ Land

We have OVERSEAS Buyers

24 HRS

Place of Worship

Amazing Industrial Units Located In The Heart of Mississauga. Currently 4 Units Combined And Zoned As One Place Of Worship. Over 5600Sqft Of Space. Can Be Converted Into Separate Units of Approx 1400Sqft Each.Great User/ Investor Opportunity- E2 Zoning Allows High Tech, Lab, Enginerring And Much More!! $1,200,000. Ask For ID#CI966

Very Rare Business Opportunity For Buyers to Own Prime Land! Excellent Location Less Than 1 Hr From Miss! Approx 32 Acres of Agricultural Land. A Very Successful Halal Meat Processing Plant. Features 3 Structures Including Meat Processing Plant, 3Bdrm House & A Holding Barn That Can Hold 100’s Of Livestock! $900,000. Ask For ID#CI5309

Very Well-Established Business!!! Multiple Trailers & Vehicles, All Contacts, Amazing Trailer & Vehicle Tires Are All Good & Everything Is Paid Off!!!Net Income For 2015 Is $84,612!!! Do Not Miss This!!! Do Not Miss This Rare Chance! Call Now and Ask For ID#CI9

Location..Location..Location!!! Great Business Opportunity To Own A Well Established Fabric Store At Very Busy Area Surrounded By Big Businesses. Huge Place Inventory. Existing Lease Term To Expire After One Year With Option To Renew For Two Terms Of 5 Years Each. Lots of Parking! $75,000. Ask For ID#CI1310

Well Established & Golden Mine. Operating For 45 Yrs. Icon Only Salon In A Small Mall With Exclusivity For Any Beauty Service Growing Location! Lots of Growth Potential! The Mall Is Anchor By Sobey,s Swiss Charlet, Winners, Madnarin and More! Open Only 6 Days! Potential For Growth! $30,000. Ask For ID#CI1255

Business For Sale

Fabric Store

Hair Salon

*Salesperson: Nicole Yue; Puneet Pruthi; Sarah Winter; AJ Lamba (Broker); Jenny Zhou; Deepak Bajaj; Agata Drozdowska * Based On January-June 2016 Sales Volume

HomeLife/Metropark Realty Inc.,

YONGE ST., JUST SOUTH OF BARRIE 45 MINUTES NORTH OF TORONTO $1,100,000.00

N S TIO EUR N TE EN AT EPR TR EN

Brokerage*

*Independently Owned & Operated

416-798-7777

www.homelifemetropark.com

3916_DJW_6666

3916_DJW_0047

$849,000

11311536_3916

ADJALA-TOSORONTO

Best in the area with a frontage on Hwy 50. 430 ft. and a length of 1200 ft. barn 30 x 40 with a hydro unit, water hookup, metal clad sides & roof. 2 acres of bush and mixture of trees, also a spring fed creek at back of property.

$259,900 PER ACRE

lou.kelly@rogers.com

Excellent Investment! 17 acres land plus approx. 1800 sq. ft. 4 bedroom, brick home. Property is well maintained & land leased for approx. $900/yr. Currently in official plan of town of Bradford-West Gwillimbury Amendment No. 15 under Minister's zoning order area subject to 0. Reg XX2/09 permitting employment uses. Maria Di Girolamo, Broker

Iconic free standing building in the heart of Woodbridge. 3000 sq. ft. of useable space on a quarter acre lot. Fully leased building. Zoned C1 Commercial. Emilio Gervasi &

Broker

1-877-436-5111

Nick Iustini, Sales Representative

EXCLUSIVE

3916_DJW_0049

LOU KELLY

3916_DJW_0048

9 3/4 acre

• Commercial Bldg with high exposure and traffic count in Town of Innisfil, 2-road frontages. • Two plus storey Century brick bldg. 4,900 sq. ft. with 3-bedrm residential component, Commercial zoning allows many uses. • Property lends itself to a live, work & play scenario, close to GO Train & Rec Centre • 16x32 inground pool, hot tub & large deck plus wrap around deck. • Large garage & workshop area. Lots of parking. • Live and run your business from property plus rent out additional Commercial space.

The Real Estate Centre, Brokerage

Meat Processing Plant

Location. Location. Location!! 1st Property Off Two Major Hwy. Custom Design ‘Very Very Rare’ ‘Own A Piece Of Prime Miss. Real Estate!!! Located Next To Proposed Centre To The South!!! Approx 1 Acre Of Prime Vacant Land & W/ Rare 325 FT Frontage On Prime Eglinton Ave “Huge Income Potential! $1,950,000. Ask For ID#CI900

Lamba Realty Group Inc., Brokerage

ETHICS & INTEGRITY above all else...

11294169_3916

Once In A Lifetime Opportunity! Loyal Customer Base. Long Established Automotive / Truck Business For Sale On Rare 1.25 Acre Land! Approx $1.8M In Sales with Great Verifiable Net Income! No Franchise or Royalties! Situated Directly on Hwy 89 Close to Hwy 50. $2,000,000. Ask For ID#CI4987

Commercial Real Estate & Business Opportunities

Greater Toronto Area

Volume 16 Issue 09

Andrew Ianni,

$2,250,000

Sales Representatives

11310398_3916

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3:47 PM

COM_3916.indd 31

2016-09-22 5:29 PM

trebreport

GTA REALTORS REPORT commercial market figures

oronto Real Estate Board President Larry Cerqua announced that TREB Commercial Network Members reported a combined 423,206 square feet of leased industrial, commercial/retail and office space in August 2016. This result was up from 317,157 square feet of leased space in August 2015.

Year-over-year changes in average lease rates on a per square foot net basis, where pricing was disclosed, were mixed. The average industrial lease rate was $6.51 per square foot net compared to $4.21 a year earlier. The change was largely due to the fact that fewer larger properties were leased this past August compared to last year. Larger properties generally lease for less per square foot, all else being equal. Similarly, the average commercial/retail lease rate was down considerably in August 2016 compared to the same period last year. This was largely due to some larger properties changing hands relative to August 2015. The average office lease rate was $13.92 per square foot net â€“ up from $12.53 last year. â€œThe year-over-year uptick in leased space this past August is an encouraging sign and points to the fact that the GTA benefits from one of the stronger regional economies in Canada. The fact that we are seeing growth in average earnings above the rate of inflation suggests that a broad array of skillsets is in demand by employers. A relatively tight labour market may also mean that an increasing number of businesses will be looking to take on more space,â€? said Mr. Cerqua. Total industrial, commercial/retail and office sales amounted to 48 in August 2016, down slightly from 56 in August 2015. Average sale prices on a per square foot basis were up for all market segments, but largely due to a change in the mix of properties sold over the past year.

COM_3916.indd 32

2016-09-22 5:29 PM

AUGUST 2016: ALL COMMERCIAL LEASE TRANSACTIONS: Per square foot net commercial leasing summary Lease transactions completed on a per square foot net basis with pricing disclosed on Toronto MLS

Leased sq. ft. (Price disclosed, per sq. ft. net) August 2016

August 2015

% Change

Industrial

208,770

234,128

-10.8%

Commercial

153,809

44,661

244.4%

Office

60,627

38,368

58.0%

Total

423,206

317,157

33.4%

August 2016

August 2015

% Change

Industrial

$6.52

$4.21

55.1%

Commercial

$14.91

$22.82

-34.7%

Office

$13.92

$12.53

11.1%

Avg. lease rate

AUGUST 2016: ALL COMMERCIAL SALE TRANSACTIONS: Commercial sales completed with pricing disclosed on Toronto MLS $357.93

Sales (Price disclosed) August 2016

August 2015

% Change

Industrial

-50.0%

Commercial

-9.7%

Office

57.1%

Total

-14.3%

August 2016

August 2015

% Change

Industrial

$147.29

$102.30

44.0%

Commercial

$172.90

$141.24

22.4%

Office

$494.08

$357.93

30.8%

Avg. sale price per sq. ft. (Pricing disclosed)

NOTE: Some table totals may differ due to conversion and rounding.

COM_3916.indd 33

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Commercial Real Estate & Business Opportunities

Volume 16 Issue 09

SkyViews What And How Millennials Search When Apartment Hunting Millennials have grown up. The kids of the ’90s have turned into the young adults of 2016. They’re entering post-secondary, the workforce, and the housing market. Many millennials will dip their toes into the housing market by searching for their first apartment. The need to own a home is often displaced by the desire to be unencumbered, mobile, and to be living an urban lifestyle. When they look for an apartment, this generation does things differently than its parents. There’s no looking through the newspapers and circling potential apartment listings with a red pen (anyone remember those days?). Searching for apartments, condos and homes today all start online. Technology has reshaped the apartment search and living experience.

Greater Toronto Area

For today’s generation of rentseeker’s and homebuyers, the web is almost where they live. They grew up with it and that’s all they know — blossoming from their teenage years with MSN messenger and graduating with facebook. As TechCrunch recently reported, Apartments are the Hot New Tech Sector. Mobile Search For millennials, smartphones are extensions of their own hands — always within reach. Smartphones and tablets are their personal computers, and these devices are portable, convenient, and easy to use. Millennials are the generation of, “is there an app for that?” and smart businesses know their answer needs to be, “yes.” It’s no different for the real estate sector. When a millennial starts their apartment search, they are going to start online, and will almost certainly use their mobile phone, tablet or PC. If a company or property isn’t listed on a real estate website such as RentSeeker.ca, or classifieds listing site like Kijiji, landlords will be missing out on almost all prospective renters. For real estate owners and managers, a mobile-friendly website is step one. Step two is having your properties listed on an app. An intuitive app, like RentSeeker’s mobile app available on iTunes and Google Play, provides millennials a home-base from which to search for their perfect apartment. It’s easy for them to login to the app as often as they want and to scroll through new listings in their target neighbourhoods and budget.

be more engaged in the apartment-search process “onthe-go”. Attracting Millennials with Amenities When it comes to attracting millennials to renting an apartment or condo, there’s a list of amenities which millennials are searching for. This generation is social — hello facebook and twitter — and they want things to look “instagram-worthy”. This translates into a generation that wants a trendy, updated apartment in a building with tempting amenities. When your square-footage is on the smaller side, having a social room in your building is a huge advantage. Millennials are a social bunch, and it’s a bonus for them to have a space to “hang out” together. Theater rooms are also a hit with this generation. They allow renters to experience the thrill of heading out to watch a new movie on the big-screen without having to leave the building. It’s the best of both worlds (especially on a freezing winter night in Toronto). A healthy lifestyle is becoming more and more important to millennials, and they want to live somewhere that can help support their goals. Apartment and Condo buildings with gyms, yoga rooms, and pools are in high-demand. Convenience is key here, and renters want to be able to come home and unwind in their apartment building’s own recreation and wellness facilities. Apartment buildings that offer mixed-use space — such as commercial space on the ground floor — have a leg-up on traditional residential-only buildings because they come with a walkable lifestyle. Millennials are less interested in sprawl and more interested in vibrant communities and shopping local. When their favorite coffee shop is right downstairs in their own apartment building, millennials can spend less time on commutes and more time engaging in the community. Millennials are the up-and-coming generation — and they’re already on the apartment hunt. Reach them by speaking their mobile-friendly language. Intuitive websites and apps offer them the tools they need to find their next home. Article By RentSeeker.ca as posted on Huffingtonpost.ca

With an easy-to-use app at their fingertips, millennials can

8647857_3916

Please say you saw it in The Commercial Investor

COM_3916.indd 34

2016-09-22 5:29 PM

Volume 16 Issue 09

Commercial Real Estate & Business Opportunities PRICED AT $389,900 6 bedroom & 4 baths within a 10 minute drive to the University of Western Ontario. Only 4 yrs old with a gross potential (minimum) of $36,000. 3916_DJW_1_0031

PRICE $349,900 Downtown St Thomas. This building houses 4 residential apts & 3200 sq. ft. of retail space. This area undergoing major restructuring by the city. Gross $42,000, caps at 8%. The residential units are always in demand. 3916_DJW_1_0058

}

ATTENTION INVESTORS

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.

11303359_3916

NELSON CONROY 519-672-9880

nelsonconroy@royallepage.ca

London South - 334 Wellington Road S, N6C 4P6

10.8 ACRES DEVELOPMENT LAND

Hassan Lakhani, Sales Representative

Off: 905-670-4455 Cell: 647-527-4818

Greater Toronto Area

Sales Representative

Davie Lakhani, Sales Representative

BOLTON, ON CENTURY HOME AND BARNS AND SHOPS

Hwy 48 next to Walmart Stouffville with Town services available. Two road frontages for Hotel, Amusement Park, Autobody, Auto Mechanic, Industrial Mall multiple-uses. Ask: $465k/acre or $5mil - Up to 50% by owner financing @ 4% possible at VTB or OCB. 3916_DJW_0056 3916_DJW_0057

Income Plazas and land to Sell. Please call for top $$ for your property using a unique marketing service I use. 11289454_3916

905-477-0011 www.adamcox.ca

$3,900,000 Rare Sale "Unique 14,200 sq ft Commercial Condo". High profile location at a signalized intersection between Hwy 50 & McEwan Drive. Easy to keep fully rented as availability in area is limited. Within close proximity to Canadian Tire, Walmart, Home Depot, Home Hardware & Shopping Center. McEwan has excellent exposure and upside potential to get over 250k net and over 7% cap rate. Vendor financing will be considered to a Qualified Buyer. 11311680_3916 3916_DJW_0058

WANTED:

5071 Hwy#7 Markham, On

Please say you saw it in The Commercial Investor

COM_3916.indd 35

2016-09-22 5:29 PM

Volume 16 Issue 09

Commercial Real Estate & Business Opportunities

Commercial Team In Canada! *

Brokerage Independently Owned And Operated

+ +

**Sales Representatives Broker

www.PBcommercialteam.com

TORONTO WEST - MEDICAL CENTRE LEASE SPACE HULLMARK MAIN/DANFORTH CENTRE OFFICE SPACE APARTMENT BUILDING LIMITED TIME!

One Year FREE Rent for Family Physicians! Call Now! Limited Time!

NL Y

C EX

PA L

C EX

OFFICE SPACE!

PRIME MISSISSAUGA AUTO LOCATION

YONGE/STEELES - RETAIL UNIT

KENNEDY - RETAIL/OFFICE SPACE DON RD MILLS / LAWRENCE E V SI U CL EX

YOUR BUSINESS HERE

Prime retail unit at "World on Yonge", a brand new mall just Turn-key 4,354 Sq Ft automotive operation in modern high north Steeles on Yonge! Part Goodyear of a multiplex with traffic of Mississauga Plaza! Previous locationmall at busy Dundas/Mavis intersection. Beautiful exteriorclose w/ amazing retail stores, hotel, offices++ Situated to thestreet food exposure! Large reception/sales area, huge garage w/ 19+ft court with two sides of3exposure with 308 sq. bay ft. Adoors! must ceilings, large mezzanine, front bay doors & 3 rear see! $199,000. $23.50/Sq. Ft. NetCall Matt Brienza 647-500-7708 for details.

Prime ground level retail space in busy plaza north of Stunning 3383 Sq. Ft. office space in rarely offered, modern class Steeles Kennedy. Featuring sf,Mills’ rectangular-shaped ‘A’ office&building at prime ‘Shops1775 At Don location! Current floor space, bath, Kennedy exposure, lots of parking! medical officeone w/hundreds of thousands in superb leaseholds. Can $16.95/Sq. Net. Also, prime office space, great sigbe used for ft. any professional use;722 tonssfof windows/great views!. $18.95/Sq Ft. Net nage! $24.85 gross. Call Matt: 647--500-7708.

3916_DJW_1_0027

3916_DJW_2_0060

• • • • •

WORLDWIDE TROPHY ASSETS! ATTENTION INVESTORS!

PRINCIPALS ONLY

Downtown Manhattan skyscraper! Both comm &RETURNS! retail space: $975M 21%+ ANNUAL Las Vegas, NV casino! 21 floors on approx. 37 acres $475M • RRSP, TFSA, LIRA++ Eligible • Single Family & Condo Developments Brooklyn hotel, popular hotel chain, over 320 rms $169 M • Get Developer • Projected Returns Exceed 21% per Year Las Vegas, NV hotel / casino over 3,800 rms, 80% complete $470M Returns! • Call George Politis 416-554-7653 • Partner with Top-Tier GTA Developers NY City hotel, 140 rms, 3 star asset, approx. 5% CAP $103M

11276658_3916

Greater Toronto Area

First class medical centre at Main/Danforth Subway. Office available for private practice or physician clinic Attention Investors! A 96 unit, low maintenance apartment Premium office space at Tridel’s new Hullmark Centre at space turnkey, work on % Toronto of grosslocation. billing! Sitting Bldg building located in a superb West Yonge & Sheppard! Approx. 916 gross Sq. Ft. with floor to environment, includes pharmacy; radiology, ultrasound, medical labs; on over 2 acres this practically runs itself and with rarely any ceiling windows overlooking Yonge St. and underground & physiotherapist! Free Rent period. $8/Sq Ft Net. Call vacancy! $13,250,000 access to two subway lines! For Sale! Call for pricing! George 416-554-7653. 3916_DJW_1_0118

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_3916.indd 36

2016-09-22 5:29 PM

Volume 16 Issue 09

RONAN REALTY, BROKERAGE Each Office Is Independently Owned & Operated

Commercial Real Estate & Business Opportunities

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

10929735_3916

Great investment opportunity on Hwy 9. Property is located beside the Hydro Right of Way and is considered the preferred alternative for the 427 extension to Bradford Bypass, County Road 27 and the expansion of 400 Hwy. Located in a designated provincial growth area. Land is presently rented to farmer. $2,250,000. Marc Ronan*** 1-888-936-4216. 3916_DJW_0021

Newly created 2 acre estate lot on dead-end road in area of fine estates. Treed setting backing onto escarpment area with wild life at your door. Privacy to build your dream home near Pine River! Showings must be confirmed prior to 3916_DJW_0022 walking property. $299,900. Marc Ronan*** 1-888-936-4216.

Super corner farm investment just North of Brampton, only minutes from Pearson Airport. Small rental home with quality farmland and deep drilled well with above-average capacity. Build your dream home on this 117.15 acres or invest in land. They don't make any more of it. $1,650,000. Marc Ronan*** 1-888-936-4216. 3916_DJW_0023

Greater Toronto Area

Sensational! 100 acre pracel located in South End of Hockley Valley! 5 species of mature trees, great building sites, walking & riding trails, and Humber River flows through Hunter, Angler, Sportsman, Fisherman's Dreams! Taxes reflect managed forest. $995,000. Marc Ronan*** 1-888-936-4216. 3916_DJW_0020

11276658

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 3916_DJW_0024 acre. Marc Ronan*** 1-888-936-4216.

84.4 acres abutting residential development in areas 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*** 3916_DJW_0025 1-888-936-4216.

Please say you saw it in The Commercial Investor

COM_3916.indd 37

2016-09-22 5:29 PM

Private Funds for Any Reason Private 1st Mortgages Monthly Payments for every $100,000

Up Up Up Up

to to to to

65% 70% 75% 80%

LTV LTV LTV LTV

@ @ @ @

5.99% 6.49% 6.99% 7.49%

= = = =

$499.17 $540.83 $582.50 $624.17

Greater Toronto Area

Private 2nd Mortgages Monthly Payments for every $100,000

Up to 65% LTV @ 8.99% = $749.17 Up to 70% LTV @ 9.99% = $832.50 Up to 75% LTV @ 10.99% = $915.83 Up to 80% LTV @ 11.99% = $999.17 Interest only payments No Income Verification Required No Credit Check Required Appraisals not always needed Rush Closings OK Pricing for GTA only Brokers Welcome

CALL TODAY

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

COM_3916.indd 38

11297590_3916

Verico The Mortgage Leaders Inc. FSCO License # 10238

2016-09-22 5:29 PM

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)

FOR SALE PRESTIGE COMMERCIAL/INDUSTRIAL CONDOMINIUMS

FOR LEASE - $13 SQ. FT. • Main floor corner unit currently operating as Coffee Time. • Minutes to Highway 400/407 • Steps to New Vaughan Corporate Centre & New Subway Station • Call Lara Tersigni

ONLY 1 UNIT LEFT

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

OFFICE SPACE

3916_DJW_2_0038

FOR SALE - VAUGHAN

• From 500 sf and up. • 2nd and main floor options available. • Close to new Hwy 7. • Subway line. • Call Lara Tersigni.

$5,680,000

3916_DJW_1_0015

*WOW! AUTOMOTIVE USES ALLOWED - PRIME VAUGHAN LOCATION

• Large drive in door • 4500 SF total • 200 amp • Fully A/C space

• Nice office • Ample parking • **Available for Lease** 3916_DJW_0027

FOR SALE - 3850 STEELES AVE

• Outstanding Location! ** High Exposure • Complex At Corner Of Weston Rd & Steeles Ave W. • Total Area Over 3600 Sq. Ft. On 2 Floors ** 2 Staircases

• Ideal For User/Investor • Occupy And Generate Income At The Same Time! • Great area! • High visibility! 3916_DJW_1_0003

3916_DJW_4_0004

3916_DJW_0028

3916_DJW_0050

Weston Rd. Address Suits Restaurant use Great location Retail/Professional space 3916_DJW_2_0066

3916_DJW_1_0064

FOR LEASE - VAUGHAN

• • • • • • •

5700 SQ FT 80% Office 20% Warehouse 1 TL & D1 shipping! Great Rates - Low TMI Office can be reduced Corner unit 3916_DJW_2_0017 Ample parking

FOR LEASE

• • • •

• Rare offering. • Commercial/Industrial lot with over 140 feet frontage on Highway 400 and over 260 feet frontage on Cityview Blvd. • Located on the West side of Hwy 400 • Just North of Major Mac. • Em1 Zoning. Services to the lot line.

Greater Toronto Area

3916_DJW_2_0008

• Exceptionally clean • Epoxy floors • Trench drains • Grease traps

9258736_3916

• • • • • •

2554 sq ft office 2nd floor space Great layout Ample parking Great rates Jane/Langstaff

3916_DJW_1_0665

Call Massimo Farina, Broker (416) 409 4630 (905) 660 4949 Please say you saw it in The Commercial Investor

COM_3916.indd 39

2016-09-22 5:29 PM

businesssmarts

6 TIPS FOR STARTING YOUR OWN BUSINESS

hSo you’re tired of working long hours for someone else’s dream and want to start up your own shop? Being the master of your own financial destiny can bring countless rewards, but the startup takes planning, sound financial advice, and a lot of grit. Geordan Robertson, director of small business for Meridian, Ontario’s largest credit union, encourages planning and homework before setting up shop. He also has a few more tips that can help you begin your dream of entrepreneurship:

1. CREATE A BUSINESS PLAN. This is your roadmap to success. Organize your thoughts into a plan that includes your business idea; the type of capital you’ll need such as space, equipment,

COM_3916.indd 40

or a healthy cash flow; how your product or service fits in the current market landscape; advertising tools required; and how you plan to make a profit. 2. LOOK FOR A VARIETY OF FINANCING SOURCES. Funding is not just limited to financial institutions. There are a variety of government grants and programs that can help a small business get off the ground and they can be easily found online. There’s also a wide range of lending products from financial institutions available to small businesses, including operating lines of credits, credit cards, and commercial mortgages. Skilled advisors in this field can help you navigate the options to ensure you choose products that are suited to your needs. 3. GET ORGANIZED. When meeting with a financial institution to discuss lending options, bring your business plan and copies of your personal financial records. If you require a co-signer or guarantor, you will need their financial information as well. 4. INVEST IN PROFESSIONALS. Don’t try to do everything on your own because you could be spending more in the long run. Use your time wisely by focusing on developing the business, and hire professionals to do the things they do best like branding, web design, and accounting. 5. NETWORK. Sometimes the best lessons are learned from another’s mistakes. Join small business organizations and attend networking events to meet other entrepreneurs who can share success stories. As a bonus, new clients are often found through word of mouth. 6. DON’T GIVE UP. Robertson says perseverance is key.“Regardless of the outcome, keep being tenacious with your business — hard work and determination should yield results. Find more information online at smallbusiness.meridiancu.ca. - NC

2016-09-22 5:29 PM

Volume 16 Issue 09

Exposure on

Corner Beside Parking lot

Jane St. Unit Approx 1000 Sq ft. - Half Rented

• Retail Condo • Fully Finished • Maple

2116_DJW_0004

Ideal for User or Investor Please call agent for details.

FOR LEASE - $12.95 PER SQ. FT. BRAND NEW BUILDING !!!

FOR LEASE

RD FO E R E N TH JA RU &

LY R N STO

OL I

A ET

KEELE ST & MAJOR MACKENZIE DRIVE - VAUGHAN

2116_DJW_1_0083

2116_DJW_1_0085

• Retail!!! Exposure!! Lots of parking! Suitable for most retail, office medical uses permitted. Excellent Investment. • Unit #15 - 848 sq ft - Now $299,000 • Unit #21 - 1,156 sq ft - $434,000, Beside prkg lot! • Unit #22 & 23 - 1,849 sq ft - Now $650,000 - Floor to ceiling windows - Must see this unit to believe!

Rene Papa,

B.A.,S.R.S., Broker

647-300-7363 Cell 905-660-4949 Office Ext. 235

selling99@rogers.com

moneysense

Greater Toronto Area

Office/Retail Condo for lease ground floor! Popular area, new space, tenant can design their own space or talk to owner to participate and be built into the lease. • Hwy 27 & 7 Good for Medical Uses, Health Centre, Professional • Aprx 1500 sq ft @ 4 offices ++ Office, Accountant, Real Estate, Mortgage Business, • $1395. Monthly plus HST Law, Education Facility, Car Rental. Possible Purchase.

11308051_3916

INVESTMENT PROPERTY VAUGHAN

2116_DJW_1_0082

• Phoenomenal

2116_DJW_1_0084

POWER OF SALE

2116_DJW_1_0081

Commercial Real Estate & Business Opportunities

GET DOWN TO BUSINESS WITH IMPROVED TAX INFORMATION

mall businesses are essential to our growing economy — Statistics Canada data shows they employ nearly 70 per cent of the total private labour force, and are the largest type of business in the country, as 98 per cent of all businesses have less than 100 employees.

In spite of how important small businesses are, they can be difficult to launch, run and maintain. Now the Canada Revenue Agency is making things a little easier with improvements to tax information for small and medium businesses. Starting in October 2016, businesses will begin receiving a new, simple, easy-to-read T2 goods and sales tax/harmonized sales tax Notice of Assessment or Reassessment. The redesigned notices will clearly state the most important information on the first page, and what action, if any, is required.

The CRA’s online services are also simplifying things for small businesses with a self-service portal that includes direct deposit options and assistance for people with hearing or visual impairments. The changes are the result of a correspondence review and have been tested with real business owners to ensure that the new format is easy to follow and that the message is clear. Within the next three years, virtually all of the CRA’s correspondence to individuals and businesses will be in this new format. A lot of time and effort go into managing a business. With easier, simpler and more accessible correspondence, small businesses will be able to spend less time trying to understand their tax obligations and more time helping Canada prosper. Learn more about changes to CRA correspondence at www.cra. gc.ca/noticesandletters. - NC

Please say you saw it in The Commercial Investor

COM_3916.indd 41

2016-09-22 5:29 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_3916.indd 42

2015-03-19 3:47 PM 2016-09-22 5:29 PM

Volume 16 Issue 09

Commercial Real Estate & Business Opportunities 8313781_3516

Bill Byers Sales Representative bill-byers@coldwellbanker.ca

TEMISKAMING REALTY LTD., New Liskeard,

LCBO & GAS BAR Great turn key business on Hwy #65 West, in Kenabeek. Includes Gas & Diesel, Variety Store, LCBO, Lotto, Bottle return, Post Office and Food Counter, 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

100 ACRES Large Stackwall/cordwood house. Very private, surrounded by forest & Crown land. Attached garage. Unorganized township, no zoning, or building permits required. Asking $189,500. MLS 160995

3516_DJW_2_0033

3516_DJW_1_0040

WATERFRONT Stunning property with over 850' on the Beautiful Montreal River. Large 3+1 bedroom home. 2 storey garage, all on 3.75 acres. Lots of ptential with Highway frontage. Asking $369,900. MLS 160101

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 $149,900. 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 $199,900 or rent. MLS 153288

Central Ontario

SOLID BRICK Large 7000 sq' building built as a church. Currently zoned Residential. Many possible uses here. Great Main Street Haileybury location with plenty of parking close to downtown, college, bus route & more. Asking $69,900. MLS 161912

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3516_DJW_1_0033

Northern Ontario

3516_DJW_1_0034

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

BROKERAGE

Sold Through The Commercial Investor Jun 04 -

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• 6 Unit Apartment Complex For Sale w/ upside • Separate Hydro Meters • Updated Windows, Roof, Hydro, Soffits, Eaves, Plumbing, Kitchens and Baths

• Close to transit, shopping, highway and downtown St. Catharines • Fully Tenanted turnkey operation • $589,777 • Call Nicholas Kazan, Broker for Details

Nicholas Kazan

Featuring 60 residential. registered unservi ced building The prop erty is situ of Hanover ated in the lots, plus 33 acre ). Chesley s of flat land boasts its pict own hospita uresque town of , Chesley (jus zoned l. ASKING t north ONLY $8 For Marke 90,000 ting Bro Winston chure Cal Davies, l: WinCorp Bro ker of Rec 45 Keats Realty Inc., Rea l Estate ord Crescent, Brokerage Tel: 519 Guelph, Ontario -836-2 N1G 3B1 Email: wjm080 Fax: 519 -836-2 davies@ro gers.com 081

PLAINS 2,700 SQROAD, BURLIN GT . HOME OFFT. FREESTAN ON DING FICE BU ILDING

Brokers Info Listing Se rmation rvice

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30,000 Haves & +, W 75% Exclu ants, sive Results 60 second in s on yo ur phone ICIWorld.c om iciw orld.mob i Add It To Your Hom Or Add Th e Screen e ICIWorld FR Ap COM_3916.indd p EE SU43

PL EX

• 6 Unit Apa rtment Com For Sale w/ upside plex • Separat • Close to e Hydro Met transit, ers • Updated and downtow shopping, high Windows, way n St. Cat Roof, Hyd • Fully Tena Eaves, Plum harines ro, Soffits, nted turn bing, Kitc key operatio • $589,7 hens and 77 Baths n • Call Nich olas Kaza Nicholas Broker, n, Broker Royal LeP Kazan for Details Independenage Macro Rea Direct: lty, Bro tly Own nkazan@ro289-929-4300 ed and Operated kerage yallepage. Offi ca ww ce: 905-574-3 w.Nichola 038 sKazan.co m8

LE SA

Broker, Royal LePage Macro Realty, Brokerage Independently Owned and Operated Direct: 289-929-4300 Office: 905-574-3038 nkazan@royallepage.ca www.NicholasKazan.com

For information call 1.800.268.0077

Please say you saw it in The Commercial Investor

MAHDVI

Coldwell

Banker

Shows beautifu lly. Lots of parki ng. Nice office furniture inc and rea luded. Front r entra nces, alarm system, board room, 4 pri kitchenett vate offices, e, firep laces, etc.

BEHAL

Sales Rep 289-29 resentative 1-7008 Comme Office rcial Inte g

2016-09-22 5:31 PM

inthenews

SLOW GLOBAL GROWTH POSES RISKS FOR FINANCIAL STABILITY, says Senior Deputy Governor Wilkins

he decline in the global economy’s potential to grow, and the lower interest rates that come with it, pose risks for financial stability, Bank of Canada Senior Deputy Governor Carolyn Wilkins said recently. Those risks can be mitigated through deliberate efforts from the private sector and policy-makers.

“While we typically link financial stability risks to unsustainably high growth, slower growth and lower returns can also add to vulnerabilities in the financial system,” Senior Deputy Governor Wilkins said in a speech to the Official Monetary and Financial Institutions Forum in London, UK. Economies around the world face the prospect of sluggish growth because the two components driving potential output—labour supply and productivity— are rising more slowly than in the past, she said. The Bank of Canada estimates that global potential GDP growth declined from a peak of about 5 per cent in 2005 to just over 3 per cent this year. This represents about US$1 1/2 trillion in foregone global output for 2016 alone.

“Natural by-products of slower potential growth are not only weaker corporate profits and dividends, but also a lower average rate of return on investments,” Senior Deputy Governor Wilkins said. To

COM_3916.indd 44

gauge this effect, economists estimate the neutral rate (the interest rate needed to balance savings and investment when the economy is operating at potential), which has fallen in Canada to 1 1/4 per cent today, from 3 per cent in the early 2000s. With the policy rate currently at 50 basis points, she noted that monetary policy in Canada remains quite stimulative, although less so than it would have been a decade ago when the neutral rate was higher. Slower growth and a lower neutral rate heighten financial vulnerabilities through several channels. Households could experience longer and more frequent periods of shrinking incomes, making their debts more burdensome. A lower neutral rate could encourage investors to take on more risks in their search for higher returns. Finally, a lower neutral rate could put pressure on bank business models, opening the door for important financial activities and related risks to migrate to lessregulated entities. Mitigating these risks will require effort, Senior Deputy Governor Wilkins said. Investors and market participants have to adapt to lower neutral rates. Countries must continue to work to meet their G20 commitments and take fiscal and structural measures that will improve long-term growth and productivity. Authorities have to continue to solidify the global financial system and guard against emerging problems. “We have to adapt to the new reality of lower potential growth,” she said.“The faster we do this, the safer the financial system will be.”

2016-09-22 5:31 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_3916.indd 45

2015-03-19 3:47 PM 2016-09-22 5:31 PM

marketminded

CANADIAN HOUSING AFFORDABILITY DETERIORATES THE MOST IN SIX YEARS AMID SURGING PRICES IN HOT MARKETS: RBC ECONOMICS

oaring housing prices in Vancouver and Toronto continued to squeeze housing affordability at the national level in the second quarter, even though affordability was close to historical norms in most other Canadian markets, according to the Housing Trends and Affordability Report issued today by RBC Economics Research.

RBC’s aggregate measure for housing affordability in Canada rose by 1.2 percentage points in the second quarter to 42.8 per cent, the biggest quarterly increase in six years. Single-detached homes led the climb (up 1.4 percentage points to 47.8 per cent), followed by condo apartments (up 0.4 percentage points to 34.4 per cent). Housing affordability is calculated as a share of household income, so a higher number means housing is less affordable. In Calgary, RBC’s second-quarter affordability measure was well below the long-term average for the area. Saint John and St. John’s posted mild improvements in housing affordability and Halifax also stood out for its attractive affordability level. In the Vancouver area, property values have ballooned by more than 30 per cent in the past year. Home resales were already on a downward track before the British Columbia government introduced a 15 per cent tax on home purchases by foreign nationals in Metro Vancouver, and area resales could see further significant weakness in the

COM_3916.indd 46

near term if there is a sharp downgrading of future price expectations and a drop in speculative activity. “Signs of cooling resale activity have emerged in Vancouver and more tentatively in Toronto and we believe the blistering pace of property appreciation in both markets may slow by year end,” said Craig Wright, RBC chief economist.“This likely won’t help affordability in the near-term because of demand-supply tightness in the two markets at the present time, but some relief could arrive late this year or early in 2017.” More details about provincial and regional housing figures can be found in the attached fact sheet. About RBC Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 fulland part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 36 other countries. For more information, please visit rbc.com.‎ RBC helps communities prosper, supporting a broad range of community initiatives through donations, community investments, sponsorships and employee volunteer activities. In 2015, we contributed more than $121 million to causes around the world.

2016-09-22 5:31 PM

Highlighting findings from the RBC Trends and Affordability Report

COM_3916.indd 47

2016-09-22 5:31 PM

Volume 16 Issue 09

Commercial Real Estate & Business Opportunities

“Your Commercial Connection in Eastern Ontario!”

jamie@ekortrealty.com

www.ekortrealty.com 8305397_3916

3916_DJW_0036

• Established for 51 years - one owner! • Busy gas station, convenience store and restaurant

• Includes a 2,400 sf mint condition apartment for owner • Located approx. 1.5 hours east of Toronto

Over 600 ft of water front - approx 20 acres 87 fully serviced sites (own hydro meters) Expansion possible for 44 more sites Includes fully renovated owner's home Located 1.5 East of Toronto on Trent River

• • • •

NIGHTCLUB AND RESTAURANT

• • • • •

Located on busy lage intown corner lot Established flower shop, with greenhouses Includes fully renovated owner's residences Located in Belleville 1.5 East of Toronto

www.bellevilleflower.com Asking $548,000 FOOD PROCESSING BUSINESS

3916_DJW_0040

3916_DJW_0039

3916_DJW_0038

TRAILER PARK

• • • • •

BE YOUR OWN BOSS

3916_DJW_0037

TURNKEY BUSINESS

Fully equipped Bar and Restaurant Attached to Motel Leased space - 3,000 s/f $2,500 mth Owner will help training Located in Trenton 1.5 hrs East of Toronto

• • • • •

Includes all equipment and building Food grade facility Local, regional, national and international sales Fully trained staff Located in Stirling 1.5 hrs East of Toronto

ASKING PRICE $1.75 MILLION

ASKING PRICE $99,000

ASKING PRICE $750,000

MEDICAL BUILDING

EXCELLENT LOCATION

TRENTON INCOME PROPERTY

U ED

• • • •

Located across from Hospital 18,000 s/f total rentable area Spaces are separately metered for utilities Medical Clinic and Pharmacy main level

• • • •

www.274dundas.com ASKING PRICE $2.5M RETIREMENT HOME

3916_DJW_1_0066

3916_DJW_1_0177

Eastern Ontario

3916_DJW_1_0045

1/2 acre fully paved lot Bldg. is approximately 5,000 sq. ft. Property is zoned for many uses Great location for convenience store or neighbourhood pub

• Located 1.5 hours east of Toronto • 401 frontage • 5.6 acres

• 56,500 sf fully leased • 3 industrially tenants • Fully fenced yard

ASKING PRICE $458,000

www.10douglas.com ASKING $2,450,000

PRIME DEVELOPMENT SITE

INVESTMENT PROPERTY

Currently 20 beds Site plan for 20 additional beds Located in downtown core Owner 76 years old and ready to retire

www.stirlingtowers.com ASKING $1.55M

3916_DJW_1_0102

• • • •

3916_DJW_1_0097

3916_DJW_1_0089

U ED

• 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

5 commercial tenants 6 residential units Annual income approx. $98,000 Located in core of Trenton

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

Please say you saw it in The Commercial Investor

COM_3916.indd 48

2016-09-22 5:31 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_3916.indd 49

2015-03-19 3:48 PM 2016-09-22 5:31 PM

inthenews

LOWER-FOR-LONGER INTEREST RATES REQUIRE ADJUSTMENTS, Governor Poloz says

anadians need to understand the forces that have led to a prolonged period of low interest rates and make adjustments, Bank of Canada Governor Stephen S. Poloz said. In a speech to the Association des économistes québécois, the Cercle finance du Québec and CFA Québec, Governor Poloz talked about the need for companies and households to adjust to the reality of interest rates that are likely to remain at low levels for a long time. Factors that restrain an economy’s speed limit – particularly aging workforces – are driving down interest rates in many countries. Lower-for-longer interest rates have made it more difficult for Canadians to finance their retirement through savings,

COM_3916.indd 50

the Governor noted. People are “rightly worried about their ability to live off their savings,” he said.“I certainly can sympathize and understand these concerns.” Longer life expectancy is compounding the challenge because people need to finance a longer retirement period, he added. Companies also need to adjust to lower interest rates by reducing expectations about future investment returns, the Governor stated. Investment spending has been weaker than expected, and Governor Poloz said one reason may be that some businesses aren’t taking into account the low-interest-rate environment when deciding if an investment will be worthwhile. If companies are waiting for returns near the levels that prevailed before the crisis, “they are unlikely to invest any time soon, and we will not see the kind of growth, productivity and job creation we are looking for,” Governor Poloz said.“And neither will the companies.” While there’s little that policy-makers can do about forces such as demographics, much can be done to help offset their impact on interest rates, the Governor noted. This means ensuring that policies in areas such as tax and immigration aren’t obstacles to business growth, and that young companies access financing. Authorities must also explore every avenue that would boost the economy’s potential growth rate, he said, pointing to investments in productivity-enhancing infrastructure and agreements to liberalize trade, both inside and outside Canada, as steps that could make an important difference over the medium term. Because the potential growth rate of Canada’s economy has slowed,“we need to take every decimal point of potential growth more seriously than we have in the past,” Governor Poloz said.“In a lower-for-longer world, these are opportunities we simply cannot afford to miss.”

2016-09-22 5:31 PM

Volume 16 Issue 09

Commercial Real Estate & Business Opportunities

Colliers International Niagara Ltd., Real Estate Brokerage 82 Lake Street, Suite 200, St. Catharines, ON L2R 5X4 www.collierscanada.com 905-354-7413

VACANT RESIDENTIAL LAND SITE PLAN APPROVED

CORPORATE OFFICE LOCATION

+/-0.63 acres situated on the north side of Thorold Stone Road. Site Plan approved for a 3 storey, 20 unit residential apartment building of 30,419 sq. ft. Lot size: +/-213.58 ft x 128 ft depth (27,520 sq. ft.) Zoning: R5B-994 Residential Apartment 5B Density OFFERED AT $949,000 Contact Mike Halliday, Sales Representative mike.halliday@colliers.com

9515 MONTROSE ROAD NIAGARA FALLS

34 GENEVA STREET ST. CATHARINES

FOR SALE: PRESTIGE INDUSTRIAL

Situated on the west side of Montrose Road near Lyons Creek Road. 115,000 sq ft multi-tenanted, 82% leased, 27' clear ceiling height. Clean facility with 1 grade level and 2 dock level doors. Newer lighting and landscaping. Minutes to US border. Adjacent to Grand Niagara Golf Course. Building tenants include: Minacs Worldwide and Arrow Games. OFFERED AT $8,250,000 Contact: Taylor Wilson, Broker taylor.wilson@colliers.com

+/- 9,000 sq ft investment property located at the corner of Geneva & Division Sts. Adjacent to the downtown core. High traffic location. Within minutes to Hwy 406. Building comprises 3 separate units. 2 smaller commercial/retail and one large unit with 75% showroom + warehouse w/two grade level 10'x10' overhead doors. Walking distance to all the new amenities available in the downtown core including the Performing Arts Centre, Meridian Centre, restaurants and shops. OFFERED AT $840,000 Contact Ralph Roselli, Sales Rep ralph.roselli@colliers.com

201 MERRITT ST. ST. CATHARINES

BAY BEACH LUXURY ESTATES FORT ERIE

1117 & 1119 CONCESSION RD. FORT ERIE

FREE STANDING BUILDING

ICE

VENDOR MOTIVATED MIXED-USE INDUSTRIAL BUILDING

2 units combined 6700 sq. ft, 14' clear ceiling heights, onsite parking 20 vehicles. Fully fenced compound, 600 Vlt 3 phase T8 Lighting, 4 grade level doors. Zoning: M1-84-112/H-1 H17 (Med Density Mixed use). OFFERED AT: $599,000 Contact: Ralph Roselli, Sales Representative ralph.roselli@colliers.com

BROKERAGE APPRAISALS MANAGEMENT

3916_DJW_4_0012

D CE

3916_DJW_0016

3916_DJW_2_0067

LIGHT INDUSTRIAL MULTI-UNIT

Two parcels totaling +/- 4.16 acres located at the southeast corner of HWY 140 and Buchner Road in Welland, ON. Minutes from the new GE Plant. 14' clear ceiling height. +/- 10,800 sq ft building. I1 Zoning - Storage & light manufacturing. OFFERED AT $495,000 Contact: Mark Stevens, Sales Representative mark.stevens@colliers.com Todd Crawford, Broker todd.crawford@colliers.com

MULTI-RESIDENTIAL DEVELOPMENT OPPORTUNITY

COMMERCIAL BUILDING & VACANT LAND

Situated in beautiful Crystal Beach, Fort Erie, located on Erie Road and extending north along Hazelwood Avenue (to be constructed) to Glenspring Road. May be developed in 2 phases. Phase I: Conditional Draft Plan Approved for 12 Townhomes; Phase II: Planned for 14 Detached Homes. OFFERED AT $575,000 Contact Dieter Lueloff, Sales Representative dieter.lueloff@colliers.com

+/-769 acres situated at the corner of Concession Road and Walden Boulevard w/ +/-357 acres development land. 3,500 sq. ft. building zoned C3 Highway Commercial. Easy access to U.S. border/QEW Hwy. OFFERED AT $899,000 Contact Mike Halliday, Sales Representative mike.halliday@colliers.com

Niagara Peninsula

3916_DJW_0014

3916_DJW_2_0049

307 BUCHNER ROAD WELLAND

ACQUA RESTAURANT & BAR Situated on the signalized corner juncture of Lakeport Road and Lock Street, this prime commercial building has one of the best commercial exposures in Port Dalhousie. This is a purchase or lease opportunity. The owner may consider a large VTB to the right purchaser. OFFERED AT $2,499,900 Contact Ralph Roselli, Sales Representative ralph.roselli@colliers.com

3916_DJW_0015

+/-1.77 acres situated on Hannover Drive Prestige employment and commericial area West St. Catharines. Excellent QEW Hwy exposure. OFFERED AT $1,295,000 Contact: Taylor Wilson, Broker of Record taylor.wilson@colliers.com Todd Crawford Broker todd.crawford@colliers.com

1 LOCK STREET ST. CATHARINES

3916_DJW_0013

6693 - 6719 THOROLD STONE RD. NIAGARA FALLS

3916_DJW_1_0009

3916_DJW_1_0047

133 HANNOVER DRIVE ST. CATHARINES

Accelerating success. Global leadership in real estate solutions.

“Information contained herein has been obtained from the owners or from other sources deemed reliable. We have no reason to doubt its accuracy but regret we cannot guarantee it. All properties subject to change without notice.” 11306014_3916

Please say you saw it in The Commercial Investor

COM_3916.indd 51

2016-09-22 5:31 PM

Volume 16 Issue 09

Commercial Real Estate & Business Opportunities

Greg Howe Sales Representative 11246794_3916

gamhowe@sympatico.ca

Niagara Region 905-358-9800 | 1-877-357-7346 86 GENEVA ST.; ST. CATHARINES THE SKY'S THE LIMIT $699,000. 3916_DJW_0018

3916_DJW_0019

445 EASTCHESTER AVE.; ST. CATHARINES WAREHOUSE/LIGHT INDUSTRIAL, $1,690,000.

Over 6,000 sq. ft. of Commercial/office/residential mix use in downtown area. Owner uses most of the building for personal use. Ideal for student residence upstairs and lower area. A real money maker.

Over 40,000 sq. ft. $250,000 in gross revenues last year, potential is much higher as owner keeps 2,200 sq. ft. vacant for himself and the largest unit is vacant. 6 units in total with the office space.

5915 CLARK ST; NIAGARA FALLS EMPRESS INN & SUITES

NEEDED:

FOR BUYERS ONLY

3916_DJW_4_0018

FOR BUYERS ONLY

Apartments , commercial , and Investment properties that show a good return outside the Niagara area,

have over 10 cash buyers waiting.

80 completely renovated rooms with restaurant and conference hall. Almost $1 million in annual gross revenue. LOCATED RIGHT IN THE HEART OF THE CLIFTON BUSINESS DISTRICT. Only 30% down payment to qualified buyer.

COMMERCIAL AND COMMERCIAL MIX PROPERTIES WITH GOOD RETURNS • 26 unit apartment building with 240,000 in gross income. Selling for $89,000 per unit. • Commercial / residential mix in Clifton Hill area ( Niagara Falls) 80,000. gross revenue long leases. • Commercial and Commercial mix properties with good returns and possible VTB’s , many to chose from, the sellers are very discreet. • Also have 5 more motels in Niagara Falls ranging in price from $699,000 to $15 Million.

905-641-1110

Tony Tripodi

cell: 289-241-6954

Broker

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

THOROLD LAND

10331793_3916

905-935-6838

INDUSTRIAL * COMMERCIAL * INVESTMENT THOROLD LAND

34.57 acres, open residential land, located adjacent to new houses being built. Within the Village of Rolling Meadows, with proposed 2 new schools, churches and shopping. Situated in the geographic centre of the Nigara Peninsula in the City of Thorold. Close to highways 406 and QEW. Listed at $2,450,000.

Thorold - 5 acres open lane. Designated residential in a developing area close to major highways QEW and 406. Measuring 164' x 887'. Ideal for multi-residential development. Listed at $500,000.

3916_DJW_1_0042

Niagara Peninsula

WANTED

ST. CATHARINES

3916_DJW_2_0043

CATERING BUSINESS

1. Apartment Buildings from 6 to 60 Units 2. Industrial Building, suitable for manufacturing. 10,000 to 15,000 Sq ft 3.Vacant land zoned for multiple residential development

Niagara Falls - Owner retiring. Here is an excellent opportunity to make money. Own a long established business, covering the Niagara Peninsula. Fully equipped kitchen & two vans included. Owner will train the buyer. List of functions already booked. Call today. 3916_DJW_3_0052

Fully Equiped DELI FOR SALE - $39,000 Please say you saw it in The Commercial Investor

COM_3916.indd 52

2016-09-22 5:31 PM

Volume 16 Issue 09

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_3916 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES Neigbouring the prestigious Town of Jordan, lies this 49+ acre bench land property. Approx 16.5 acres of tile drained vineyards with 5 acres designated to orchards, berry and vegetable crops. Balance consists of a large pond, bush and headlands. Original 1835 homestead has been totally transformed and added on to boast just under 5000 sq ft of living space. Portion of the house presently a B&B or in-law suite with formal dining room, living room with open concept kitchen, 2 piece & 4 piece bath and large bedrooms. Main house has 3+ 1 bedrooms with two, 4 piece ensuites, plus a 3 piece bath, office, living room with fireplace, front family room, open concept eat in kitchen with granite countertops. Attached double car garage, attached greenhouse with mature fig trees. 55' x 25' pool room with inground concrete pool and hot tub. Detached board and batten 36' x 24' barn for grape pressing. This one of a kind property is certified organic and surrounded by Niagara's Escarpment and vineyards. Great winery site potential! Call for more info. Asking $2,495,000

Many possibilities for this 23 a c r e p a r c e l o f s a n d y, picturesque land. Located in the hamlet of North Pelham, just south of Jordan and only minutes to the Q.E.W. Great building lot for your dream home, quiet rolling countryside. Town gas and water. Presently planted to nursery stock. Owner willing to lease back property at $300 per acre. Super investment and future potential. Call today for country! $699,800 High profile corner property overlooking St. Catharines new hospital. Major exposure. All city services just down the road. Corner of First St & St Paul W, the wine route, at the 4-way stop. Almost 2 acres presently zoned agri lands within city limits. Great investment with much future potential. $499,800

SPECIALIZING IN FARMS, AGRICULTURE, GREENHOUSES, ETC.. IN THE NIAGARA REGION! Prime New Construction Retail & Office Space

For Lease

Vine and Carlton St. Catharines

1716_DJW_8003

Brokers Protected

Sedimar Developments Ltd.

11307613_3916

Niagara Peninsula

1-888-984-8716

Please say you saw it in The Commercial Investor

COM_3916.indd 53

2016-09-22 5:31 PM

BUSINESS INVESTORS

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

BUSINESS INVESTORS

The perfect place to list all of your businesses opportunities

For advertising

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

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

NewSectionPages_FullColor2015.indd 15 COM_3916.indd 54

2015-03-19 3:48 PM 2016-09-22 5:31 PM

Commercial Real Estate & Business Opportunities

9649286_3916

Business Investor

Volume 16 Issue 09

Please say you saw it in The Commercial Investor

3:48 PM

COM_3916.indd 55

2016-09-22 5:31 PM

Commercial Real Estate & Business Opportunities

Volume 16 Issue 09

Business Investor

11289457_3916

Please say you saw it in The Commercial Investor

COM_3916.indd 56

2016-09-22 5:31 PM

Mazhar Roshan Sales Representative

HomeLife Professionals Realty Inc.

Direct GTA Direct Office

mazharroshan@sympatico.ca FOR SALE - STONEY CREEK

BROKERAGE

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

VACANT LAND $3,500,000

Live and work in this newly constructed unit. 1100 sq. ft. retail unit plus basement and 1200 2 bedroom apartment upstairs. Close to highway, shopping, parks and on bus route. Call for details.

On Hwy #7 just before Ottawa. 150 acres of vacant land. Over a km facing on year round open gravel road. Property is surrounded by Thompson Lake in the town of Arden. All kinds of uses permitted. Call for more details.

3916_DJW_2_0006

3916_DJW_1_0011

SALVAGE & WRECKING YARD - $899,000 ALSO 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. 3916_DJW_1_0041 3916_DJW_1_0017

FOR LEASE - $20.00 PER SQUARE FOOT

8148414_3916

905.929.9800 647.609.9463 905.574.6400

NEED TO SELL YOUR BUSINESS OR COMMERCIAL PROPERTY?

PLAZA FOR SALE

Fully leased plaza for sale. Net income $102,000. Anchor tenant Royal Bank, 30 minutes south of Hamilton. Cap rate 6%. Call Mazhar Roshan for more details. 3916_DJW_2_0085

HAMILTON $249,900

THIS SPACE IS FOR YOU! CALL FOR DETAILS

Long established Pizza and Wings business. Doing over $50,000 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. 3916_DJW_2_0013

BUSINESS FOR SALE - $179,900

BURLINGTON BUSINESS FOR SALE

EAST HAMILTON

RE $4 DU 9, CE 90 D 0

Very busy location close to QEW, Home Depot & all other commercial businesses. 1100 sq. ft. retail space available. Good for office, storefront or any kind of business.TMI is roughly $8 PSF. Call LBO for viewing or more details. 3916_DJW_3_0006

Only one year old pizza franchise. Doing $350K P/Y sales and improving. All brand new equipment and lease hold improvements. Good for large family or hands on manager/owner. Low rent, long 3916_DJW_1_0061 lease and real money making business.

Located on Mountainside in Burlington. Business operates six days a week. 3916_DJW_1_0023

Long established. 30 years in business. Great location. No other competition in the area. Doing over $40,000 per month in Sales. Call for more information. 3916_DJW_2_0018

DOLLAR STORE - $79,900

FOR LEASE - $1,200 P/M

BURLINGTON FOR LEASE $20.00 PER SQUARE FOOT

Well established Dollar Store doing $7000 per week in sales and growing gradually. Lotto and Tobacco products just added. Good for family operation. Long lease and reasonable 3916_DJW_1_0056 rent.

Central mountain ideal location for professional office like dentist, doctor, accountant, insurance or any other office use. Rent includes all the utilities, over 1000 square feet of space with 5 small offices, reception & meeting room area. 3916_DJW_1_0067

3932 sq. ft. of retail space, used to be a bar. Walk-in cooler, freezer & kitchen set-up with hood. Available immediately for lease. TMI is $8 PSF. For viewing & equipment list call Mazhar. 3916_DJW_1_0005

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legallyspeaking

Surviving closing By Jayson Schwarz

t is rare that a commercial property transaction ever closes without some – or many – issues arising to stand in the way of business. Even the most seasoned veterans tell tales of surprises, problems and frustration. Here are some tips and tricks to help you anticipate and avoid some of those problems, save you time, money and frustration.

The deposit Many problems occur around control of the deposit moneys. In most cases a Realtor will maintain the deposit funds in his or her trust account, with clear conditions in the Contract of Purchase and Sale outlining when and how such moneys may be retained by the seller or refunded to the buyer. The lawyer’s insight: The Realtor will almost never release the funds without the consent of both parties, no matter what the contract says, and no matter how obvious it is as to who is right or wrong. The Realtor will be afraid of making a mistake and getting sued and so takes the position of an innocent holder. In order to get the funds released, you will need to have your lawyer sue the other party, and the Realtor and the Realtor will then pay the money into court and be out of the lawsuit. What am I really buying? Sometimes an up-to-date survey is not available for the land, and so the parties must either pay to have one created, accept Title Insurance or have a war over what the purchaser thought he was selling and buyer thinks she is buying. Problems arise where the parties decide to use an old survey that does not show all current boundaries and structures or do without a survey.

The lawyer’s insight: A survey is valuable for both the buyer and the seller, because it can help avoid future lawsuits where encroachments, illegal structures are on the property, boundaries come into question, easements appear or other problems are discovered. The buyer wants to make sure that he gets what he’s paying for, while the seller wants to make sure that once the property is sold, the buyer will have no remedy or complaints after the sale. If the parties cannot agree on who should pay for the survey, it is recommended that you just split the cost rather than avoiding it altogether. The cost of litigation to resolve such disputes will likely eclipse the cost of the survey, so think of it as a proactive measure. Lawyers know how to look at surveys and we can determine whether problems are there and how to correct them in the fastest and most inexpensive way. The agreement Many commercial real estate agents rely on standard form agreements that have been produced by their local or provincial boards. This often leads to difficulties as it fails to address the particularities of a given situation. The lawyer’s insight: Have a lawyer draft your agreement in a commercial situation. As an example we would generally add pages to the agreement used by the agents to buy a business. A commercial land purchase agreement could be 20 pages long. Avoid the issues by doing it properly at the beginning. The above presents but a few examples highlighting the importance of having a solicitor involved in your transaction from the beginning. The costs involved in having a lawyer represent you are well worth it and will save you time and expense in the long run. Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please send letters to the magazine or to us. Use the website (schwarzlaw.ca), email (schwarz@schwarzlaw.ca), or phone us at 1-888-6098888 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.

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SPOTLIGHT SECTION 20 ACRES! FABULOUS BUSINESS OPPORTUNITY IN SERENE SETTING! LIVE IN THE 5,000 SQ. FT. RANCH (+5000 FINISHED LOWER!) 3 CAR GARAGE. PLUS ESTABLISH YOUR NEW BUSINESS ON THE GROUNDS!!

Joan Griffin Broker

Cell: 519-754-6772 joan.griffin@century21.ca Brantford, Ontario

519-756-3900

3916_DJW_0001

3916_DJW_0002

Zoned for indoor & outdoor recreational facilities, year round tourist dwellings, professional offices, just to name a few! Great for family retreat. Instantly ready for campground and B&B! Creek, pond, wildflower habitat, 2 1/2 woodlot, 7 acres open space. 10 minutes from Lake Erie! Sides onto popular Golf Course w/ Clulb House. $1,790,000. Call Joan for appointment to view this exciting property. Call 519-754-6772. 11311030_3916

READY FOR A BUSINESS ADVENTURE? $795,000

tours.photolink.ca/613087 877 Berford St., Wiarton This is your opportunity to own & operate a thriving motel/retail business known as the "The Spirit Rock Outpost & Lodge"! Featuring 11 unit motel/lodge that has been updated, a retail store/outpost that sells a wide range of products & a 3 BR owner's residence. Situated on 1.58 acres with 398’ frontage on Hwy 6. Excellent income and occupancy rate.

THE COMMERCIAL INVESTOR SPOTLIGHT

COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!

start your search here. THE COMMERCIAL INVESTOR SPOTLIGHT COMM_GLOSS_3916.indd 13

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

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

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investorinsights

WHY PRE-CONSTRUCTION CONDOS ARE A GREAT INVESTMENT 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 four 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. 3. Low maintenance New condos are perfect for the busy professional or selfemployed 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.

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8468583_3916

Norm Merz Sales Representative

Broker

donrankin@remaxescarpment.com

E UC

Don Rankin

905-575-5478

TA VEN KE DO MO R T RT O GA GE

YOU BE THE BOSS....Almost 2 acres, corner property zoned commercial, includes approximately 3000 sq. ft. building on 2 floors, less than 10 yrs old. High end finishes, walk-in cooler, walk-in freezer, 3 phase wiring, stainless steel working areas, poured concrete floor, government approved (food grade) septic. Was a butcher shop and bistro, well known and successful. Busy intersection of #7 and #12 Wellington Roads, on route to cottage country in the Bruce Peninsula. Beautiful modern apartment for owner, manager or just extra income. Quality construction and pride of ownership is abundantly obvious. Lots of possibility, clean, newer, flexible design, fenced poured concrete patio....BRING YOUR IDEAS....Asking $499,000. Call Don Rankin or Norm Merz. 3916_DJW_3_0012

ON THE GOLDEN MILE....Development opportunity, broad zoning, in one of the hottest markets in Ontario. Presently 5 units with permits in place for 10,000 sq ft extension in place. High traffic, many franchise operators, brand names and multi nationals experiencing high volume sales on this commercial strip of Hamilton, Ontario. 3916_DJW_0026

businessbarometer

CANADIANS MISINFORMED ON CPP EXPANSION DEAL; OPPOSE PLAN IF IT AFFECTS WAGES

new Ipsos poll reveals that most Canadians don’t know how the Canada Pension Plan (CPP) works or what CPP expansion will mean.

• Only a quarter of Canadians know it will take about 40 years before the full increase in benefits is available.

When presented with some of the probable effects on wages as a result of the expansion, 70 per cent of employed Canadians said they would oppose the hike. In light of this latest information, the Canadian Federation of Independent Business (CFIB) calls for the expansion deal to be put on hold until full education and consultation can take place.

• Over 25 per cent of those already retired believe they will see bigger CPP cheques as a result of the deal.

“It’s stunning that governments are racing forward on a policy change of this magnitude when most Canadians are completely unaware of how it affects them,”said CFIB President Dan Kelly. “The results show that governments have been anything but clear about the reality of this proposal and that public support for the deal vanishes when people are presented with the likely impacts.” Misunderstandings abound • Almost 40 per cent of Canadians think the government pays for part of CPP (only one in four know it’s not true).

• More than 70 per cent of Canadians don’t realize that current retirees get nothing from CPP expansion.

The poll found 70 per cent of working Canadians oppose CPP expansion if it means their wages will be frozen during the phase-in period. That jumps to more than 80 per cent if it means wage cuts. Both outcomes are likely, according to previous CFIB surveys of small business owners. Consultation and education required “This should be a wake-up call,”added Kelly.“Canadians are telling their governments that they have a lot more work to do before moving forward with any kind of CPP expansion. Education, consultation, and only then, action. At this point, it would be irresponsible to proceed otherwise.” Read the full poll results: Views on CPP/QPP Expansion. CFIB is Canada’s largest association of small- and medium-sized businesses with 109,000 members across every sector and region. 15G COM

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marketminded

ONTARIO COULD BOOST MANUFACTURING SECTOR BY FOLLOWING MICHIGAN’S EXAMPLE: FRASER INSTITUTE

o revive Ontario’s battered manufacturing sector, policymakers could learn a lesson from Michigan where manufacturing employment and output have rebounded strongly following the recession eight years ago, according to a new study released by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “Michigan and Ontario have a lot in common, but while Michigan has revived its manufacturing sector since the recession, Ontario’s manufacturing sector continues to struggle,” says Ben Eisen, the Fraser Institute’s director of provincial prosperity studies and co-author of Ontario vs. Michigan: Policy Lessons from the Wolverine State. For much of the early part of this century, Michigan – home of the Detroit automakers – lagged behind both Ontario and the rest of the United States in terms of employment and economic growth. The Wolverine State was especially hard hit during the recession of 2008 when its economy contracted by almost three per cent and its population declined as residents left.

Starting in 2011, Michigan’s state government introduced a suite of significant policy reforms designed to reverse the state’s decline. These reforms included: 1) replacing the complex and onerous Michigan Business Tax (MBT) with a simpler and flatter corporate income tax of six per cent, 2) implementing sharp budget cuts followed by a period of limited spending growth in order to balance its budget, and 3) the introduction of “right-to-work” legislation. The study shows that these reforms coincided with a remarkable economic turnaround, during which Michigan’s economy outperformed Ontario’s. One of the most important dimensions of Michigan’s economic turnaround has been the resurgence of its manufacturing sector. From 2011 to 2014, manufacturing employment in Michigan grew at an average annual rate of 6.1 per cent while it actually shrank at an average annual rate of 0.5 per cent in Ontario. Michigan has also done a better job at balancing its books than policymakers at Queen’s Park. While Ontario has experienced a dramatic and economically harmful run-up in public debt since 2011, Michigan has seen a slight decline in net public debt. “In the face of daunting challenges, Michigan took charge of its economic future by implementing an ambitious reform package that has coincided with job growth and a lower debt burden,” says study co-author Robert Murphy. “Although there are some factors beyond direct provincial control that influence economic performance, policy choices matter and Ontario should take note of Michigan’s reforms and its economic turnaround.”

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COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_3916

Bill Bradley

Sales Representative

Independently Owned & Operated

Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866

416.258.6866 exitwithbill@gmail.com

57,700 SQ. FT. RETAIL COMMERCIAL PLAZA On 5.2 acre site. Plus 260+ parking spaces available for 30 stores. Ready to build. Asking $2,700,000 AND completely built, ready for renters. Asking $12,800,000.

RETIREMENT HOME Building being made into a 110 suite retirement home with electric fireplaces in each suite. This is a perfect investment which when completed will show at least a 15% CAP rate on your money. Call Bill Bradley at 416-258-6866.

$13,900,000 PARADISE IN GRENADA 5 Star Hotel plus Restaurant & Bar on the beach.

$2,900,000 Call Bill Bradley for

Strip Plazas

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

Buyers Only

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

COMMERCIAL Davinder Bhatia, B. com & IMA Certified Member Fortis Business Solutions Ltd. Green Life Business Centre, Unit 202-203, 450 Bronte Street, Milton, ON Direct: 647-237-8465 • 905-897-8480 • Dsbhatia22@gmail.com

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11301409_3916

“WE PRODUCE RESULTS”

Free CMA Evaluation with this cut out ad

LAND DEVELOPMENT / INVESTMENT / BUY & HOLD FUTURE

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

stakteam@gmail.com

905-333-3500

$12/SQ FT 192 MARY ST. BRANTFORD3116_DJW_0005 - $1,999,888

1019 WILSON ST ANCASTER

TURN KEY BUSINESS IN BURLINGTON

Approximately 5,600 square feet high density corner location. Double driveway. Located in heart of business area in Ancaster/Hamilton across from Smart Centre and future development site. Industrial builing 64,835 sq. ft., 1+1 loading doors, 4+1 drive-in doors. Opportunity for expansion on 6.13 acres. MLS #H3172917

$2,995,000 415 #6 HWY S HAGERSVILLE

3116_DJW_2_0048

"Buy and Hold Investment Opportunity" Fantastic agricultural property consisting of 31.15 acres with two out buildings that can be used for multiple storage. Property has a possible severable lot, with possibility for commercial zoning as well. Home is being sold "AS IS".

$488,888

3116_DJW_2_0049

1267 GARRISON RD FORT ERIE Family business for sale. Owner retiring after over 40 yrs, between 2 restaurants and 7 yrs. at this location with pride of ownership. Absolutely clean and spotless restaurant known for pizza, wings, pasta salads & subs and more! Top of the line kitchen chattels and equipment with clean overall condition with combination of versatility using: pasta machine, deli prep counter, pizza oven with 4 rotisseries with space for eight. Bread oven, deep fryer, skillet, gas range, walk in cooler and much more! Well priced to sell and retire the owner. Owner willing to stay on for 30-60 days as new owner meets $128,888 transition of new business.

BUILDERS DELIGHT $65,777

"with 1 year new" Beckers" Fresh and Ready Foods. Fantastic location with high density residential area with great corner visibility and exposure to busy Walkers Line and Upper Middle intersection. Huge Lotto sales and Cigarette sales along with high walk-in traffic. New 5 year lease starting May 1, 2016 with option. Converted MAC's into a franchise Becker's. Excellent income of approx $70K per month/gross. MLS H3179171

LAND FOR SALE $158,888 Cayuga builders delight. Double lot zoned residential. MLS #H3169625 BUILDING LOT OPPORTUNITIES

– Sherbrooke $38,888 - 1.609 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

8302229_1315

Residential rural building lots with all necessary amenities. Minutes to waterfront and beaches of Port Maitland. MLS #H3169648

$398,888 $23.50/SQ FT

3116_DJW_1_0048

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Commercial Team In Canada! *

+ **

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

MAIN/DANFORTH - MEDICAL CENTRE LEASE SPACE

LIMITED TIME! One Year FREE Rent for Family Physicians! Call Now! Limited Time!

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, medical labs; & physiotherapist! Free Rent period. $8/Sq Ft Net. Call George 416-554-7653. 3916_DJW_2_0118

KENNEDY RD -

0916_DJW_3_0071 RETAIL/OFFICE SPACE

MARKHAM/SHEPPARD -

0916_DJW_3_0071 COMMERCIAL UNIT

Prime ground level retail space in busy plaza just north of Steeles & Kennedy. Featuring 1,775 sf., rectangular-shaped floor space, one bath, Kennedy exposure, lots of parking! $16.95/Sq. ft. Net. Also, prime 722 sf office space, great signage! $24.85 sq. ft. gross. Call Matt: 647-500-7708

Prime Markham, street-level unit, investment/user unit. Markham Rd. exposure, high density residential area, two entrances, 3 underground parking spots. Perfect for professionals, retail or service businesses. 931 sq. ft. $410,000. Call George Politis 416-554-7653.

3916_DJW_3_0060

3916_DJW_0017

0916_DJW_3_0071 COMING SOON TO MARKHAM!

YONGE/STEELES -

GTA INVESTMENT

0916_DJW_3_0071 RETAIL UNIT

Prime retail unit at "World on Yonge", a brand new mall just north of Steeles on Yonge! Part of a multiplex mall with retail stores, hotel, offices++ Situated close to the food court with two sides of exposure with 308 sq. ft. A must see! $199,000. Call Matt Brienza 647-500-7708 for details.

• $2,800,000 • High density residential area • 7 Residential units • 2 Commercial units • Principals only • Call George Politis for details at 416-554-7653

3916_DJW_1_0026

INCOME PRODUCING PROPERTY • $3,550,000 • High density commercial/ retail area • Investor/user • Eglinton exposure • Principals only • Call George Politis for details at 416-554-7653 PLAZAS PLAZAS PLAZAS PRINCIPALS ONLY

GTA APARTMENT BUILDING • • • • • •

$1,900,000 Net income $55K+ 10+ units Mint condition Principals only Call George Politis for details at 416-554-7653

ATTENTION INVESTORS! 21%+ ANNUAL RETURNS!

• $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

Brand new townhouses in Markham's historical community of Armadale. Featuring 2-3 bdrs, 2 bath units, 1-2 car-garages, approx. 2,000 sq. ft.+++ Contact George Politis for details: 416-554-7653. 3916_DJW_3_0084

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

11276415_3916

0916_DJW_3_0071

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.

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Your Added Value Financial Partner • Residential Best Rates • ALL Investment Properties • Private Funding

• Construction • Development • Mezzanine

• Bridge Financing • Vacant Buildings • Renovations

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www.profunds.ca

Pro Funds Mortgages #12051 • 3410 South Service Rd. Suite G5, Burlington, Ontario L7N 3T2

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