Jun 04 - Jul 02, 2016, Volume 16 Issue 05
INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! 6
• 6 Unit Apartment Complex For Sale w/ upside • Separate Hydro Meters • Updated Windows, Roof, Hydro, Soffits, Eaves, Plumbing, Kitchens and Baths
PL EX
• Close to transit, shopping, highway and downtown St. Catharines • Fully Tenanted turnkey operation • $589,777 • Call Nicholas Kazan, Broker for Details
Nicholas Kazan
Broker, Royal LePage Macro Realty, Brokerage Independently Owned and Operated Direct: 289-929-4300 Office: 905-574-3038 nkazan@royallepage.ca www.NicholasKazan.com8
-214-487 6 5 41
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COMM_GLOSS_2316.indd 1
CHESLEY - RESIDENTIAL SUBDIVISION - $890,000
Featuring 60 registered unserviced building lots, plus 33 acres of flat land, zoned residential. The property is situated in the picturesque town of Chesley (just north of Hanover). Chesley boasts its own hospital.
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
PLAINS ROAD, BURLINGTON 2,700 SQ. FT. FREESTANDING HOME OFFICE BUILDING Shows beautifully. Lots of parking. Nice office furniture included. Front and rear entrances, alarm system, board room, 4 private offices, kitchenette, fireplaces, etc. MAHDVI BEHAL Sales Representative 289-291-7008 Office Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage mbehal@cbci.ca 289-291-7008
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Get The Commercial Investor delivered directly to your door! See inside for details
2016-05-31 3:32 PM
BRAND NEW COMMERCIAL CONDOS - GRIMSBY
DEVELOPMENT OPPORTUNITY - HAMILTON
FOR LEASE
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. Stretegically situated surrounded by high and medium density residential. Occupancy as early as fall 2017!
Excellent Development opportunity available on busy King St. E. at a signalized intersection near St. Joseph's Community Health Centre and the Hamilton Police Services. Two parcels of land being sold together (2791 King St. E. & 2803 King St. E.) Many uses permitted under current zoning with the potential of a great mixed use development. Total size of both properties is approximately 0.67 acres. Potential Medical or office building.
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 acess to the Red Hill Valley Parkway.
2316_DJW_1_0047
BRAND NEW COMMERCIAL CONDOS
2316_DJW_1_0048
BUILDING FOR SALE/UNIT FOR LEASE - HAMILTON EAST
FOR LEASE
• • • •
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.
• 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.
2316_DJW_2_0023
ATTENTION LAND OWNERS WE NEED DEVELOPMENT LAND PLEASE CALL US
Over 3000 sqft. of retail/office space in prime location in Beamsville at main signalized intersection along the wine route with easy access to QEW corridor. Asking $18 Square foot plus estimated TMI of $6 per square foot.
2316_DJW_0006
2316_DJW_1_0039
FOR LEASE - GRIMSBY WITH QEW EXPOSURE
$16 PER SQ FT PLUS $4 TMI/CAM
• • •
• 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
• • • • •
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
2316_DJW_0007
FOR LEASE - STONEY CREEK
AVAILABLE - WESTON RD. TORONTO (JUST N. OF EGLINTON)
2316_DJW_0008
BUILDING FOR SALE - 168 RAGLAN ST. S. RENFREW
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• • • •
2100 sqft available 90% warehouse/10% office 600 volts, 3 phase, 100 amp electrical service Located on a busy street with easy access to major routes • 14 ft drive in door
• • • •
3000 sq. ft. building Corner site at signalized intersection Plenty of parking Adjacent to high density employment/industrial area • Local Commercial/Residential Zoning (LCR) • Full basement
2316_DJW_0009
• 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
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2316_DJW_0011
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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Nicholas Kazan, Nicolas von Bredow, Royal LePage Macro Realty, Brokerage
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SOUTHWESTERN ONTARIO INVESTMENT TEAM
SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities Fringe Core Office Building London, ON
• • • •
High Density Residential Land Woodstock, ON
• • • •
Large floor plate Abundant parking Anchored by Canada Post Asking $9,100,000
Tim Schnurr* 519 286 2018 tim.schnurr@cbre.com
2 parcels for sale on Commissioners Rd E. R9-7 zoning permits high rise apartment 0.58 acres, asking $825,000 4.86 acres, asking $630,000
Income Generating Retail Plaza London, ON
• • • •
27,644 sq. ft. Retail Plaza London, ON
Essex, ON
101,321 sq. ft. plaza & free standing building Pad site with room for additional 15,000 sq. ft. Centre of automotive & furniture retail district Asking $15,600,000
Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com
David Yanoshita* 519 286 2020 david.yanoshita@cbre.com
Vacant Land
11284449_2316
King/Northfield Industrial Opportunity Waterloo, ON
• 12.10 Acres • Commercial C3.2 zoning • Property possesses tremendous frontage, profile & access
• 2.38 Acre site at signalized intersection • Located in southwest London on prime artery • Asking $6,250,000
• • • •
Brook Handysides* 519 946 3030 brook.handysides@cbre.com
Jack Cox** 519 286 2007 jack.cox@cbre.com
Dietmar Sommerfeld**, CCIM Will Hunter**, BBA 519 340 2314 519 340 2307 dietmar.sommerfeld@cbre.com will.hunter@cbre.com
Barry Poley* 519 286 2015 barry.poley@cbre.com
26,000 sq. ft. on 1.37 Acres Zoned I2-6 Divisible into multiples of 2,600 sq. ft. Asking $2,200,000
CBRE DEBT & STRUCTURED FINANCE With over $900,000,000 in loans funded last year, CBRE Debt & Structured Finance is the industry leader in arranging commercial real estate financing. Give us a CALL to see how we can help you get the best financing in market. Carl Lavoie Vice President 416 495 6217 carl.lavoie@cbre.com
Mortgage Broker # M08005173
Manish Jain Associate 416 495 6319 manish.jain@cbre.com
Mortgage Broker # M13002077
Navina Pushpanathan Analyst 416 495 6231 navina.pushpanathan@cbre.com Mortgage Broker # M16000562
Mortgage Broker # 10501 | CBRE Limited
London 380 Wellington Street, Suite 30 N6A 5B5 T 519 673 6444 F 519 673 6948
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
* 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 PRIME DOWNTOWN LOCATION 1255-1273 Ouellette Avenue Windsor, Ontario
ANDREW JOHNSON, Sales Rep andrew.johnson@cushwakeswo.com 519.438.5588 Ext. 230
Turn Key for Office / Retail or Professional users Great commercial opportunity located within walking distance to the downtown core SPACE AVAILABLE - 9,300 square feet (approx.) - Office / Retail space - Use of full basement of approx. 4,600 square feet On-site parking Taxes $51,450 (2015) Zoned CD 3.5 / 3.2 - Allows for a variety of retail office uses ASKING $1,649,000
TYLER DESJARDINE, Sales Rep tyler.desjardine@cushwakeswo.com 519.438.5588 Ext. 232
2
480 Newbold Street London, Ontario
THREE FARMS AVAILABLE Sarnia, Ontario
15,000 sq.ft. building - total space: 11,600 sq.ft. - warhouse, 3,400 sq.ft. - office with additional 2,000 sq.ft. drive shed Fenced compound Radiant tube heating in warehouse ASKING $849,000
Three farms are available in the Sarnia area Ranging from 32 acres up to 600 acres Priced from $11,000 / acres Contact LA for additional details ASKING PRICE contact agent
BRENT RUDELL, Broker of Record brent.rudell@cushwakeswo.com 519.438.5588 Ext. 236
KENN POORE, Broker kenn.poore@cushwakeswo.com 519.438.5588 Ext. 224
844 Willow Drive London, Ontario
DEVELOPMENT LAND 161 Bonadventure Dr - London, Ontario
1,115 square feet - office space Taxes $6,843 Lot Size: 95.5 ft x 198 ft (approx. 0.42 acres) Zoned R1-4 - Office Services 7 Parking spaces LEASE RATE $2,200 / month ASKING $350,000
Corner of Bonaventure Drive and Dundas Street Site is situated among schools and residential neighbourhoods Various sizes from up to 20,000 square feet available Also available For Lease ASKING PRICE $799,000
JAMESON LAKE, Sales Rep jameson.lake@cushwakeswo.com 519.438.5588 Ext. 240
ANDREW JOHNSON, Sales Rep andrew.johnson@cushwakeswo.com 519.438.5588 Ext. 230
3 1 2
3
4
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5 Neighbouring Properties - St. Thomas, Ontario INVESTMENT OPPORTUNITY
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Zoned C6-3 permitting both Commercial & Residential uses Reasonable rates & very low vacancy
5
Grossing well over 200k annually
1
ASKING $995,000
#1 -- 43 Ross Street - Commercial Plaza #2 -- 71 Ross Street - 8-1 Bdrm Apartments #3 -- 9 Jonas Street - Side Split Duplex #4 -- 11 Barnes Street - Single Family Residence #5 -- 13 Barnes Street - Single Family Residence
TYLER DESJARDINE, Sales Rep tyler.desjardine@cushwakeswo.com 519.438.5588 Ext. 232
EXCELLENT INVESTMENT OPPORTUNITY Free Standing, Multi-Unit Building Easy access to Highways 401 & 402 Site Area: approximately 1.50 acres Building Sq. Footage - 23,600 sq.ft. Main Floor - 16,800 sq.ft. Second Floor - 6,800 sq.ft. Zoned Light Industrial - LI 6(4), LI7 ASKING $1,295,000
PHILIP N. CASSIS, Broker philip.cassis@cushwakeswo.com 519.438.5588 Ext. 231
45 Meg Drive London, Ontario Located on Meg Drive, just off Exeter Road in South London
519.438.5588 4G
COMPLETELY RENOVATED INCOME PROPERTY 8 Plex with Main Floor Commercial Main Floor Commercial Tenants Builidng has been completely 1 - 2 Bedroom Apartments renovated inside and out 5 - 1 Bedroom Apartments 2 - Bachelor Apartments DAVID JONGERDEN, Sales Rep High end finishes in all the units david.jongerden@cushwakeswo.com 100% Occupancy 519.438.5588 Ext. 242 ASKING $1,200,000
2 Front Street West Strathroy, Ontario
www.cushwakeswo.com
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NIAGARA
LONDON GR
T EN n LL CE ructio X E t ns Co
EA TS MI UIT X E
• Asking $5,075,000 • Asking $89,035 per Suite • Near City of Niagara Falls Municipal Offices and
•
1 x Bachelor 22 x One Bedrooms 34 x Two Bedrooms
• Walking Distance to Via Located in Downtown Area Rail Station • Built and Owned in 1983 by the Same Family • Well Constructed • 4 Units Being Fully Concrete Building Renovated • 5.7% CAP Rate • New Elevator Being • 13.7% R.O.I Installed by Owner • Parking Lot Being
• Treat as Clear. Purchaser
Resurfaced by Owner
to Arrange Own Financing
• Asking $1,250,000 • Asking $104,167 per Suite • 11 Two Bedroom and 1 Bachelor • On Bus Route • Ample on Site Paved Parking • 11 Tenants Pay Their Own Hydro • Walking Distance to Amenities • 2 Bedroom units Have Been Recently Renovated, Including New Kitchen and Baths
57 SUITES
TR E CL AT A EA S R
• Asking $1,149,000
Parks
• Excellent Tenant Profile
• Tidy 12 Plex with On-Site
1 x Three Bedrooms
Superintendant
• Good Size Apartment Units
Residential
• Located in Proximity to
Neighbourhood • Electric Baseboard Heating System • Nice Size Lot 133 Feet x 133 Feet with Ample Paved Parking Area
• 27.0% R.O.I. • Treat Clear. Purchaser to Arrange
12 SUITES
• Property is Full of
• Asking $824,900 • Asking $74,991 per suite • Historically Designated & Known as Seaton Hall • 2 1/2 Storey Late Victorian Age House, Rectangular Floor Plan with Three Projected Gabled Bays • Many Features of the Earlier Italianate Style, such as Wide Soffits and Paired Windows • Loads of Potential in this Converted Large Home
Appealing to Tenants
• 2 x Two Bedrooms 3 x Three Bedrooms • Potential Upside on Some Rents on the Turnover • Suite Upgrades Include Some New Kitchens, Flooring and Bathrooms
• Treat Financing as Clear
5 SUITES
• 1 x Bachelor 8 x One Bedrooms 2 x Two Bedrooms • Private Driveway with Outdoor Parking and Large Double Garage Currently Used for Storage • Upside Potential with Unit Renovations • 6.0% CAP Rate • 25.0% R.O.I. • Treat Mortgage as Clear
NIAGARA
• 4.0% CAP Rate
Character and Very
!
11 SUITES
LU X LA URIO RG E A US & PT S
Shopping, Schools and
9 x Two Bedrooms
P RE RIC DU E CE D
rge La r Lot rne Co
TORONTO E AL SC hood UP r ou b igh Ne
• Asking $2,850,000 • Asking $570, 000 per Suite • Located in Toronto Community Known as “The Beaches” • Four of the Five Suites are Well Over 1,000 Square Feet
• 2 x One Bedrooms
• Asking $95,750 per Suite
• Located in a Quiet
• 1 x Bachelor 11 x Two Bedrooms • Good Size Bachelor Unit (Vacant) Remains to be Renovated; Kitchen Cabinets and Bath Missing and Will have to be Installed by Buyer • 6.5 % CAP Rate • 20.3% R.O.I • Treat Mortgage as Clear • Well Located rente Building
12 SUITES
BELLEVILLE ICE PR CED DU E R
PORT HOPE Br ig Sp ht R e ac iou nov s U ated nit s!
x Ple n 12lid ntow o w n S o Do in ond L
MA
L IN OW BU TENA ILD NC ING E
ICE PR CED DU E R
• Asking $825,000 • Asking $82,500 per Suite • Access to Public Transit and Various Consumer Amenities within a Short Distance • Potential Upside on Current Rents • 8 of 10 Tenants Pay Their Own Hydro • Potential to Add Additional Apartments • Large Bedrooms in All Two Bedroom Apartments
• 2 x Bachelor 8 x Two Bedrooms • Building May Require Additional Capital and Upgrading in Order to Maximize its Potential • 5.9% CAP Rate • 16.2% R.O.I. • Treat Financing as Clear • Contact Dani Pizzoferrato For More Details
10 SUITES 8172756_2316
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11266919_2316
1 Grand River St., Paris ON Office 519-442-0005
HomeLife Bayview Realty Inc., Brokerage
Rita Mollicone,
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:
DEVELOPMENT SITES AVAILABLE • 18 to 288 Units • Townhouses, stacked townhouses & mid-rise • In the process of being draft-plan approved • Studies and environmental completed • GTA area • $7M to 20M YONGE ST. RICHMOND HILL • Location Location - Yonge Street exposure • Commercial property with mechanic shop • Car dealership • Redevelopment to high density residential • $3.7M
226-388-4083
holly@pinehavensolutions.com 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 Reduced to $1,290,000 Lease Price $21.00 per sq ft Great location to open your own franchise 1316_DJW_2_0084
DEVELOPMENT PROPERTIES
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AVAILABLE IN PARIS AND NORWICH
PLAZA AVAILABLE • Markham • Redevelopment possibe • $4M
70 MILL ST, WOODSTOCK • Development Land • Zoned C4-19. Great location just off Dundas St.
FRANCHISES AVAILABLE • Start your own business - site available • From $35,000 to $400,000
• Zoning change to multi-residential a possibility. • 1/3 acre • Sale Price $100,000
1316_DJW_1_0087
247 CENTENNIAL PARKWAY N., HAMILTON
QEW & CENTENNIAL PARKWAY 45 GODERICH
OFFICE SPACE
COMMERCIAL/RETAIL/ OFFICE SPACE
OFFICE SPACE
Close to The Court House, City Hall and McMaster, Available Immediately Downtown office space from 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 4223 sq. ft. Gross Rent Monthly – $5,300 Plenty of parking and signage. Easy access to QEW
8 MAIN ST. E., HAMILTON
1715_DJW_2_0029
1715_DJW_1_0028
1715_DJW_1_7007
905-777-0252 ext 304 E-mail:
info@desantis.com
www.desantis.com
8148088_2316
Tony DeSantis
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$995,000
2316_DJW_4_0029
$1,925,000 or LEASE $12.00/SF
• 12,184 sf free standing signature office building • Great location in North Waterloo • Quality finishes with lots of
• Bright nicely finished office space • Floor plates of 15,433 & 15,533 sf, could be leased separately
$419,000
640 KING ST E, CAMBRIDGE
• Quality 1,140 sf store front • Separate street frontage entrance for 1,040 sf 2nd floor apartment. • Lovely building on King St E in Preston with income and development potential. • Call Duncan McLean
2316_DJW_8001
2316_DJW_5_0029
$20.00/SF
$19 & $25/SF • Beautiful restored bldg in downtown Kitchener • 1,580 sf Upper level $25/sf with 540 sf rooftop patio • 1,370 sf Lower level with open space at $19/sf • Zoning allows many uses • Close to courthouse and new LRT • Call Chris McFarlane
Nunes, Bauer Kitchener, Vincezo's and others. • Zoning allows many retail and office uses. • Call Duncan McLean
4210 KING ST E, KITCHENER
natural light • Close to Expressway, shopping, recreation and public transit • 35 parking spaces • Call Duncan McLean
24 KING ST E, KITCHENER 2316_DJW_0005
2316_DJW_0046
• 2,135sf retail unit available at Bauer Marketplace in Uptown Waterloo • $27/sf rent plus $10.50/sf CAM • Great location close to Mark
• Additional 30,000 sf can be built plus more parking • Minutes to Hwy 401, Conestoga College & Toyota • Call Ryan Briggs
• • • •
12,494 sf inc. basement 25 parking spaces Lease from $10.95/sf Call Duncan McLean or Ryan Briggs
• Retail units and pad site available from 1,033 12,634 sf • On bus route and Highway 7/85
1305-1309 KING ST E, CAMBRIDGE • Three stone-faced townhomes • Tons of re-development opportunity in this large downtown Preston corner lot • No heritage designation
KITCHENER, ONTARIO
519.578.0337
$469,000
• RM3 residential zone, multi-residential • Call Duncan McLean
CELL:
$720,000
• Fantastic redevelopment site • Steps to the new LRT stop • Large lots
• R5 zoning • 288 & 292 Ottawa must be purchased together • Call Chris McFarlane
540 BINGEMANS CENTRE DR, KITCHENER
$20.00/SF
• High profile office building to be constructed. • Ready for occupancy in 2017. • Two floors consisting of 11,250 sq ft each.
• Possible build to suit for single tenant. • Convenient access to Hwy 8 and future Hwy 7 • Minutes of GO Train and VIA Rail • Call Duncan McLean
1165 FRANKLIN ST. CAMBRIDGE
$11.95/SF
• 3,000 sq ft. office unit • High profile building • Close to public transit & Highway 401
• CAM $5.27/sf • Ample parking • Call Chris McFarlane
$6.95/SF MAIN FLOOR
101 HAZELGLEN DRIVE 2316_DJW_4_0030
$14-$14.95/SF
2316_DJW_2_0032
LEASE FROM $10.95/SF FROM $10.95/SF FREDERICK MALL, KITCHENER 55 DELHI ST, GUELPH
• 1910 Georgian Revival architecture, completely renovated with elevator • Located directly beside Guelph General Hospital • On bus route
288 & 292 OTTAWA ST S, KITCHENER 2316_DJW_2_0025
735 BRIDGE ST W, WATERLOO
lots for $110,000 each • 5 minutes to 401 interchanges & less than 5 km to Woodstock Toyota • Call Ryan
• Great neighbourhood mall with 22,945 AADT (2014) • Join Valumart, CIBC, Dollarama and many more • Call Duncan McLean
• 696 sf, 1,536 sf & 8,210 sf store front units • 2,520 s.f. 2nd floor office space, divided into 8 offices
$12.95/SF
107 YOUNG ST, KITCHENER • Live and work in a gracious home in downtown Kitchener • Close to transit, shopping & entertainment •1400 sq ft professional office on main floor
• $2.50/sf 2nd floor space • Zoning allows many retail & office uses. • CAM $6.75/sf • Call Duncan McLean
- 600 sq ft apartment on upper level • CR-3 zoning allows for many medical, personal and office uses • Call Ryan Briggs
RYAN BRIGGS
DUNCAN MCLEAN
CHRIS McFARLANE
Sales Representative
Sales Representative
Sales Representative
519.498.5775
Ryan@cmarealty.ca
CELL:
519.590.7997
Duncan@cmarealty.ca
CELL:
11308380_2316
$27.00/SF
106 -191 KING ST S, WATERLOO
$950,000
2316_DJW_4_0028
• 7 parking spaces • Walk to downtown, new provincial courthouse, entertainment, shopping and parks. • Call Ryan Briggs
2316_DJW_2_0033
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• Attractive 4400 sq. ft. brick building with offices on main & 2nd floor plus 2 bedroom apartment in loft. • Great exposure
• 2 acre parcel of R-3 land • Site plan approved & registered for 27 freehold townhouses • Five 52' x 120' single family
• Land & Building only • Call Ryan Briggs
2316_DJW_2_8000
$799,900
2316_DJW_3_0028
28 WEBER ST W, KITCHENER
INNERKIP DEVELOPMENT SITE & LOTS
2316_DJW_6_0029
2316_DJW_2_6666
• Four properties on 0.58 of an acre. • Zoned MR-6. • Architectural concept drawings for a 6 storey, 30 Unit condominium building with 1 level of • 4,200 sq. ft. auto garage underground parking. • 84 ft frontage on 0.22 acre • Call Ryan Briggs • 3 bays plus ample parking • MR-6 Zoning close to Uptown Waterloo
2316_DJW_2_0031
146-154 ERB ST W, WATERLOO $1,699,000 159 ERB ST W, WATERLOO
519.588.6683
Chris@cmarealty.ca 7G
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SOUTHWESTERN ONTARIO INVESTMENT TEAM
SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities Uptown Waterloo Investor/User Opportunity Waterloo, ON
• • • •
1,485 sq. ft. & 1,670 sq. ft. Unit 2 Asking $445,900 ($300 per sq. ft.) Unit 3 Asking $499,000 ($298 per sq. ft.) Units can be purchased individually or together
Martin Cote* 519 340 2317 martin.cote@cbre.com
Joe Benninger* CCIM 519 340 2323 joe.benninger@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
Freestanding Industrial building St. Jacobs, ON
Office Building For Sale or Lease
Kitchener, ON
• • • •
4.29 Acres; 46,396 sq. ft. office building 1 Acre excess land for potential sale/development Located in Huron Business Park Asking $6,500,000 (sale); $10.95 psf NNN (lease)
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
11276500_2316
• • • •
± 32,564 sq. ft. on ± 3 Acres M-1 General Industrial zoning Possible ± 10,000 sq. ft. expansion available Asking $1,925,000
Michael Black* 519 340 2313 michael.black@cbre.com
East London Investment Opportunity London, ON
High Exposure Commercial Development Land
Morriston, ON
• 6.11 Acres • Immediate access to Hwy 401 E/W • Daily traffic counts in excess of 22,800
• Mixed use retail and residential • Located on Dundas, near Adelaide Street • Cash 4 You ground floor retail tenant & two 2nd floor apartments
Martin Cote* 519 340 2317 martin.cote@cbre.com
Tim Schnurr* 519 286 2018 tim.schnurr@cbre.com
Multi-Tenant Building For Sale Kitchener, ON
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
Industrial/Transport Opportunity Kitchener, ON
Vacant Land Windsor, ON
• 7,800 sq. ft. For Sale on 0.49 acres • Zoning: M-3 • Asking $1,595,000
• 3.67 Acres • Commercial CD2.2 zoning • Zoning provides for an abundance of retail/ commercial options
• • • •
Todd Cooney**, SIOR 519 340 2315 todd.cooney@cbre.com
Brook Handysides* 519 946 3030 brook.handysides@cbre.com
Dietmar Sommerfeld**, CCIM Will Hunter**, BBA 519 340 2314 519 340 2307 dietmar.sommerfeld@cbre.com will.hunter@cbre.com
Michael Black* 519 340 2313 michael.black@cbre.com
London 380 Wellington Street, Suite 30 N6A 5B5 T 519 673 6444 F 519 673 6948
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
250 Truck/trailer capacity 17,820 sq. ft. on 8.42 acres Zoned B-1 Asking Price $3,850,000
* 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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EAST & WEST TOWER OUTDOOR SHARED AMENITY
WEST TOWER OFFICE CONDOMINIUMS • 13 storeys • Terraces on floors: 5,9,11 & 13
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Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concept. Prices and specifications are subject to change without notice. E.& O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.
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Leading Organizations Calling Daniels Waterfront – City of the Arts Home.
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Special Features 26 IN THE NEWS — Morguard recognized with three LEAP awards from HOOPP for leadership in sustainability initiatives 28 MARKET MINDED — Stable to improving market fundamentals define rapidly evolving North America and U.K. industrial property sector 36 TREB Report — GTA Realtors report commercial market figures 41 IN THE NEWS — Giving back to the world is good for business, says Sir Richard Branson 44 INVESTOR INSIGHTS — Investors getting schooled on student-oriented rental condos by Andrew la Fleur 46 IN THE NEWS — Commercial Real Estate Industry Coalition to inform councillors on impact of new taxes 50 MONEY SENSE — Latest CMHC report shows condominium investors are in it for the long haul 53 IN THE NEWS — CFIB backs NDP Bill to allow small businesses to be passed on to next generation GLOSSY SECTION EDITORIAL 12G LEGALLY SPEAKING — What is a minute book and why do I need one? By Jayson Schwarz & Evonne Finnegan 16G INVESTOR INSIGHTS — Canada’s small business owners are four times more likely to be low income than rich
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Volume 16 Issue 05
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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Volume 16 Issue 05
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!
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 345 SPRUCE STREET, WATERLOO
8 COLUMBIA ST. WATERLOO
• 6 Plex apartment building • $186,000+ Gross Annual Income • 5% cap rate • 30 students • Purpose built in 2011 • MLS
2,330,000
$
1,799,000
$ 2316_DJW_2_0006
840 KING STREET NORTH, WOOLWICH
$
899,900
$ 2316_DJW_2_0047
67 CARDILL CRESCENT, WATERLOO
499,900 • Newer furnace, flooring, paint, shed • MLS 2316_DJW_3_0031
850,000
$
46 AMOS AVENUE, WATERLOO
369,900
$
$ 2316_DJW_5_0018
D L O S
• $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
389,900
$
2316_DJW_0074
$
247,900
• Hard working five bedroom D2 licensed unit • Enjoy income from main unit while you live for free! Two driveways! • Large lot in MR-6 zoning may lend itself to further future development. • Close to two future LRT stations • MLS
2316_DJW_2_0017
7-451 ALBERT STREET, WATERLOO
• Rare end unit • 3 rental bedrooms & 1 bachelor set upon lower level • Furniture supplied by landlord • Close to Parkdale Plaza • On bus routes to both universities
239,990
$ 2316_DJW_2_0014
• Nearly $24,000 gross income with tenants paying utilities • Rental licensed, city approved, class D2 operation • Ideal value opportunity for handy man to build sweat equity • 15 minute walk to UW on student recongnizable street • MLS 2316_DJW_2_0016
D L O S
2316_DJW_3_0005
2316_DJW_0069
158 ERB STREET WEST WATERLOO
97 CHURCHILL STREET WATERLOO
• $27,000+ Gross Annual Income • $6400 Cash Flow ADS • 5 bedroom Rental License L icense • Modern Kitchen • 100% Rental Complex • MLS
239,900
699,900
$
2316_DJW_1_0094
319,900
2316_DJW_0071
• $66,000 Gross Income • 15 bedroom 4 Plex • MultiResidential Lot • Ideal for Turn Key Income & future redevelopment •
• $31,500 Gross Annual Income • All bedrooms epicsized • Five minute walk to UW • An Investor's Dream • MLS
3-451 ALBERT STREET, WATERLOO
$
• $72,000+ Gross Income • Licensed Triplex • 13 Rental bedrooms • Two Units Purpose Built • MR-25 Zoning • Mostly re-rented for September • MLS
90 MCDOUGALL ROAD, WATERLOO
• Owner occupy one unit, rent the other • $32,000+ Gross Annual Income • Turn key student investment • 10 minute walk to UW • MLS
• $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 ST. W. WATERLOO
52 NOECKER STREET, WATERLOO
$
• $42,000+ Gross Annual Income • 4+4 Bedroom, Two Unit Building
1,160,000
$
2316_DJW_0666
310 KING STREET NORTH, WATERLOO
• Commercial Development Site • Across from St. Jacob's Farmer's Market • C3 Zoning, 1.96 Acres • MLS
949,900
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
2316_DJW_0070
BRIDGEPORT LOFTS, WATERLOO
• Unit 6 - $299,900 - 4.80% Cap, MLS • Unit 20 - $389,900 - 5.22% Cap, MLS
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2316_DJW_1_0101
11298911_2316
Grand Valley Realty
6
Commercial Real Estate & Business Opportunities
Volume 16 Issue 05
Kitchener/Waterloo Guelph & Cambridge 11236833_2316
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Volume 16 Issue 05
7 Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
INVESTMENT OPPORTUNITIES 38 Units Apartment Building • Built 1989 • 6 storey • Comprises 35 - 2 bedrooms, 2 - 1 bedrooms, and 1 - Bachelor • Nice building
• Well managed • $77,000 per unit • Attractive financing • A rare opportunity!
49 Acres - Future Development Land • Great location • Future development lands • Major neighbouring developers re-zoning
8148768_2316
• A rare opportunity!
Mike K. Nanavati, Broker of Record Wind Star Realty Limited Tel: (416) 730 8484 Email: mnanavati@sympatico.ca
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DIGITAL DEVICE anytime, anywhere!
ROY CLEEVES Broker
KITCHENER, ON OFFICE: 519-570-4447
Cell: 519-841-0559
www.callcleeves.com 2316_DJW_8073
2316_DJW_0072
11308802_2316
BUSINESS FOR SALE VOGUE PLUS MASSAGE, CAMBRIDGE
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THECOMMERCIALINVESTOR.CA Published by
Your chance for a turn key business with all equipment and supplies needed. Affordable lease. 3 spacious massage rooms, sauna and jet shower included. Front and rear entrance with some parking at back. Basement includes use of partial basement for laundry and storage. View by appointment only - please do not go direct.
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Commercial Real Estate & Business Opportunities
Volume 16 Issue 05
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 COLDWELL BANKER COMMERCIAL O F Foffice, I C E Fgreat O R for S A Lmedical E / L E A& S Eservice 10,704 I N VSF E S T· M$2,195,000 E N T F O R · S ASt L E Jacobs Finished PETER BENNINGER REALTY, BROKERAGE MLS:30508545 · Excellent for Owner/User. use. Gary Boudreau*/James Boudreau** 28,100 SF · $1,850,000 · Exclusive · Kitchener SF · $12.00/SF · MLS:30516996 · Kitchener CPotential O M M E R C I A L / Rfor E D I S E N Tvalue I A L P R O P E Radd. TY Also for Lease $8.75/SF MLS 30504455 · Long 905 to 1,488 SF · $26.00/SF Net · MLS: 1,413 508 RIVERBEND DRIVE, KITCHENER, ON. 1,200 SF · $1,600/Mth · MLS : 30503820 · Kitchener James Boudreau**/Gary Boudreau* standing retail destination in · downtown 1,572 SF · $399,000 · MLS: 30516132 · Waterloo Great location for Medical use. 30518099/30502663/30502665 Kitchener 2nd Floor Unit. Located very close to the New Provin‐ Phone: 519‐743‐5211 Kitchener for over 80 years! Excellent location Gary Boudreau*/James Boudreau** Potential New retail plaza on corner of Fischer Hallman and cial Courthouse and downtown Kitchener amenities. R E T A I L use O R commercial R E D E V E L Oon P M Emain N T Sfloor ITE for continued retail or conversion for hi‐tech w/ residential on 2nd floor or 100% commercial Seabrook Dr. High exposure high traffic. Ample 1,586 SF · 0.12 Acres · $925,000 · MLS: 3050 James Boudreau**/ Gary Boudreau* e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial 8,991 SF · $12.50/ SF · MLS :30504305 · Kitchener office user. Colin Vogel* on site drive-up parking. Lester Tobin* 1737/1745 · Kitchener · Unique Lester High Tobin* Profile 839 SF· $12.00/SF ·MLS:KW1537515·Kitchener New Building, High Visibility, Free on-site R E T A I L / O F F I C E I N V E S T M E N T F O R S A L E RETAIL FOR SALE/LEASE 4,980 SF · $9.00/SF · MLS:30504057· Kitchener Location. Corner Lot. Located beside farmers 736 SF· $75.00/SF Net· MLS: KW1534274 Finished office, great for medical & service R10,704 SF · $2,195,000 · St Jacobs ETAIL OR REDEVELOPMENT SITE 28,100 SF · $1,850,000 · Exclusive · Kitchener Pres�ge & very visible office building adjacent parking. John Hoffman*/ Gary Boudreau* market. Lester Tobin* Waterloo Indoor mall · style on two levels. use. Gary Boudreau*/James Boudreau** 1,586 MLS:30508545 · Excellent SF · 0.12 Acres for · Owner/User. $899,000 · 28,100 SF · · $1,850,000 Exclusive · Kitchener to Kitchener Farmers Market,1 block from Also for Lease $8.75/SF MLS 30504455 High pedestrian and traffic location. Good Potential for value Also for Lease $8.75/SF MLS 30504455 · Long MLS: 30501737/30501745 · Kitchener R E T A I L / R E S I D E N T I A L I N V E S T Unique M Eadd. NT new LRT stop. Total space can be demised to 1,114 SF · $14.00/SF Net · Exclusive · Long standing retail destination in downtown 1,200 SF · $1,600/Mth · MLS : 30503820 · Kitchener James Boudreau**/Gary Boudreau* tenant support. Lester Tobin* standing retail destination in downtown 7 , 7 1 2 S F · $895,000 · Cambridge · MLS: High Profile Location. Corner Lot. Located SF, Underground Kitchener 2,500 · Looking one2,000 to twoSF. general prac on- Kitchener for over 80 years! Excellent location for approx. 2nd Floor Unit. Located very close to the New Provin‐ 30506322 Retail/residential or Lester Owner/User Kitchener for over 80 years! Excellent location ers Courthouse and downtown Kitchener amenities. to take over a medical office of a re ring beside 5,000 SF·$16.95/SF ·MLS:30504304· Kitchener R E T Afarmers I L O Rmarket. R E D E V E L O P M E N T Tobin* SITE cial continued retail or conversion for hi-tech office Parking. James Boudreau**/ Gary Boudreau* Main floor 5,642 SF(2 units) Upper for continued retail or conversion for hi‐tech New doctor. The office includes 4 fully equipped exam property. 1,586 SF · 0.12 Acres · $925,000 · MLS: 3050 Boudreau**/ Gary Boudreau* user. Building, High Visibility, Free Colinon‐site Vogel* James R E T A I L / O F F I C E I N V E S T M E N T F O R S ALE 8,991 SF· $12.50/SF ·MLS:30504305·Kitchener floor‐ Three apartments. Lester Tobin* office user. Colin Vogel* rooms, built in recep on area, wai ng room and 1737/1745 · Kitchener · Unique High Profile parking. John Hoffman*/ Gary Boudreau* New Building, High Visibility, Free on‐site 10,704 SF · $2,195,000 · MLS:30508545 4,980 SF · $9.00/SF · MLS:30504057· Kitchener washrooms. Located in busy retail plaza with a Location. Corner Lot. Located beside farmers 736 KW1534274 5,000SF· SFSF · $75.00/SF $16.95/SF · Net· MLS:30504304 · Kitchener parking. John Hoffman*/ Gary Boudreau* St Jacobs Excellent forLOwner/User. Potential 2,550 · $12.00/SF · MLS: MLS:30502295 Pres�ge & very visible office building adjacent I N D· U STRIA /WAREHO U S E for Drug Mart. Lester Tobin* market. Lester Tobin* Shoppers Waterloo · Indoor mall style on two levels. New Building, High Visibility, Free on-site add. James Boudreau**/Gary Boudreau* Cambridge Retail store front unit with high to Kitchener Farmers Market,1 block from value AAA OFFICE SPACE AVAILABLE · WATERLOO High pedestrian and traffic location. Good F O R L E A S E / S A L E parking. John Hoffman*/ Gary Boudreau* new LRT stop. Total space can be demised to R E T A I L / R E S I D E N T I A L exposure & high traffic. In downtown Preston. INVESTMENT KITCHENER PLAZA RETAIL/OFFICE SPACE SF· $14.50/SF · Exclusive ·Beautifully tenant support. Lester Tobin* 114,033 24,860 SFS F · · $895,000 $3,900,000· Cambridge · MLS: 30504066 Lester Tobin* 7 , 7 1 2 · MLS: approx. 2,500 SF, 2,000 SF. Underground 839 SF · $12.00/SF · MLS: KW1537515· finished, ample parking, natural light Kitchener · Non-designated heritage building in 30506322 or Owner/User INDUSTRIAL Retail/residential WAREHOUSE FOR LEASE/SALE Parking. James Boudreau**/ Gary Boudreau* 5,000 SF·$16.95/SF ·MLS:30504304· Kitchener Nicely nished units in busy shopping centre, low throughout. James Boudreau** 530 SF · $18.00/SF · MLS: 30506783· Kitchener 1,770 to 5,947 SF · $20.00/SF Net · MLS: property. Main SF(2 8,000 units) core. 3floor floors5,642 of approx. SFUpper each. 13,735 SF · $4.95/SF · $1,050,000 · Cambridge New Building, High Visibility, Free location. on‐site common fees, on public transit route, exis ng Downtown Turn‐key hair/nail salon. High traffic 8,991 SF· $12.50/SF ·MLS:30504305·Kitchener 30505595/5597/5598 · Kitchener · New retail floor‐ Three apartments. Lester Tobin* Many uses, tech to retail. John Hoffman* MLS# 30504533/ 30504505 · Freestanding O F F I C E B U I L D I N G F O R L E A S E & S A L E parking. John Hoffman*/ Gary Boudreau* tenants include Li le Short Stop, KW Gaming, Ample on‐site drive‐up parking. Lester Tobin* New Building, High · Visibility, Free on‐site facility Industrial/Warehouse. plaza on Huron Rd. with high traffic and 12,184 Centrally 1,975,000 & · $12.95/SF more. Curves, SF Divisible Sco abank parking. John Hoffman*/ Gary Boudreau* 2,550 SF · $12.00/SF · MLS:30502295 exposure, ample on-site drive-up parking. located with access off streets.10,400 MLS:KW1521512 · Waterloo · Well located I N D U S T R I A L / W2 ARR EH HO OU U SS EE SF 1,770 to 5,947 SF · $20.00/SF Net · MLS: James Boudreau**/ Gary Boudreau* I N D U S T R I A L / W A E Cambridge Retail store front unit with high office building. Quality finishes throughout. Warehouse, 3,335 SF Office. Lester Tobin* Lester Tobin* 30505595/5597/5598 · Kitchener· New retail AAA OFFICE SPACE AVAILABLE · WATERLOO exposure & high traffic. In downtown Preston. FFOORR LLEEAASSEE//SSAA LL EE are ··Beautifully included. plaza on Huron Rd. with high traffic and Existing 800 SF · $21.00/SF · MLS:30501217 Waterloo 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. Rare main ample floor opportunity. High traffic parking, natural light Rare to find! 2 drive thru truck bays, one with 1,100 SF · $5.50/SF · MLS:30518529 · Kitchener finished, INDUSTRIAL WAREHOUSE FOR LEASE/SALE Lester Tobin* intersection of University & Bridge. Seconds from 10,000-20,000 throughout. James Boudreau** 530 SF · $18.00/SF · MLS: 30506783· Kitchener SF · $5.41/SF GROSS · Kitchener SF on 3 oors · $1,850,000 · pit. Tool room attached. Abundant yard space 13,735 SF · $4.95/SF · $1,050,000 · Cambridge High Traffic - High exposure location. On-site 28,100 Hwy 85. Colin Vogel* MLS: Turn‐key hair/nail salon. High traffic location. avail. at extra height 13’ John Hoffman* 30512810 · cost. Ceiling . Two 8’ x parking available for Tenant. Lester Tobin* O Kitchener · Exclusive · Retail/Office Space. 1,100 SF · $5.50/SF · MLS:30501890· Kitchener 30504533/ 30504505 · clear Freestanding F F I C E B U I L D I N G F O R L E A S E & S A L E MLS# Central to many ini�a�ves and improvements 8’ Ample on‐site drive‐up parking. Lester Tobin* loading dock doors, conveyor, elevator, alarm High Traffic ‐ High exposure location. On‐site facility Industrial/Warehouse. Centrally · $12.95/SF 12,184 SF Divisible · 1,975,000 839 SF · $12.00/SF · MLS:KW1537515 · Kitchener 9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener system, surveillance system, sprinklers, in the downtown core including the city parking available for Tenant. Lester Tobin* located with access off 2 streets.10,400 SF · Waterloo located 1,770 to (2 5,947 SF · ·$20.00/SF · MLS: MLS:KW1521512 Finished office, great for medical· &Well service use. 7,699 sf 16 dock shipping area. 1,661 sf office 4,800 SF buildings) 0.9 Ac. ·Net $699,000 washrooms. Lester Tobin* centre building. condos & minutes from the transit Kitchener· Warehouse, 3,335 SF Office. Lester Tobin* office Quality finishes throughout. 30505595/5597/5598 · New retail Gary Boudreau*/James Boudreau** w/drivers area, new doors, bright, well MLS: 30508944 · Paris · Located at major Paris hub. Colin Vogel*/ Peter Benninger** Existing furnishings are included. windowed. John Hoffman* plaza Oon Rd. with F F Huron I C average E FO R traffic S A L Ehigh / L Etraffic A S E and intersection, count 17,500 cars 1,200 SF · $1,600/Mth · MLS : 30503820 · Kitchener 16,217 6,287 SF ·$7.00/SF·MLS:KW1531928·Kitchener SF · $875,000 · MLS: 30511873 James Boudreau** exposure, ample on‐site drive‐up parking. SF · Main Floor · 8,500 SF Lower Level Rare to find! 2 drive thru truck bays, one with daily. Zoning permits many uses. 8,500 Hamburg · Well located just off hwy 7, well 2nd Floor Unit. Located very close to the New Provincial New 3,450 SF · $11.00/SF Gross · MLS: KW1537169 Lester Tobin* $995,000 · Simcoe · MLS:30509700 · pit. Tool room attached. Abundant yard space Bill Halpenny* on downtown 3 oors Kitchener · $1,850,000 building· on 2 acres of land. Ceilings 13’ FOR LEASE 28,100 Kitchener Clean industrial space, from finished KITCHENER PLAZA RETAIL/OFFICE SPACE CourthouseSF and amenities.· built Located in the heart of Norfolk avail. at extra cost. John Hoffman* Kitchener · Exclusive · Retail/Office Space. 650 ‐ 2,700 SF · $9.00‐$12.00/SF · MLS: Centrally 1,100 SF · $5.50/SF · MLS:30501890· Kitchener 18’ clear. John Hoffman* offices, ample power. James Boudreau** James Boudreau**/ Gary Boudreau* Poten�al for ver�cal growth. 30500085/899/903· Nicely nished units in busy Central to many ini�a�ves and improvements 28,100Traffic SF ‐ onHigh 3 exposure oors location. · $1,850,000 High On‐site · County. 9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener Colin Vogel*/Peter Benninger** 21,775 SF· $4.50/SF ·MLS:30505583·Kitchener WAREHOUSE FOR LEASE/SALE shopping centre, low common fees, on a public the including the city INDUSTRIAL parking available for Tenant. Lester Tobin* Kitchener · Exclusive · Retail/Office Space. in 4,980 SF ·downtown $9.00/SF · core MLS:30504057 · Kitchener 7,699 sf 16 dock shipping area. 1,661 sf office and/or · warehouse transit exis�ng tenants inc. Short Stop, 13,735 SF manufacturing · $4.95/SF · $999,000 Cambridge condos & minutes from the transit and improvements Central route, to many ini a ves in centre &Vvery visible office building adjacent to Excellent Pres ge I N E S T M E N T F O R S A L E w/drivers area, new doors, bright, well facility. 30504533/ Good power, loading · and parking. Farmers Market,1 block from new LRT MLS# KW Gaming, Curves, Sco�abank & more. hub. Colin Vogel*/ Peter Benninger** 30504505 Freestanding the O downtown core including the city Kitchener F F I C E F O R S A L E / L E A S E windowed. John Hoffman* R. Blake Hull* James Boudreau**/ Gary Boudreau* Industrial/Warehouse. Centrally centre condos & minutes from the transit hub. stop. Total space can be demised to approx. facility 24,860 SF ·SF·$3,900,000 · SF MLS:30504066 8,500 Main Floor · 8,500 Lower Level 3,450 SF · $11.00/SF Gross · MLS: KW1537169 located with access off 2 streets. 10,400 SF Colin Vogel*/ Peter Benninger** 2,500 SF, 2,000 SF. Underground Parking. 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 · Clean industrial space, finished KITCHENER PLAZA RETAIL/OFFICE SPACE FOR LEASE Lester Tobin* Warehouse, 3,335 SF Office. James Boudreau**/Gary Boudreau* Rare main floor opportunity. High traffic in Downtown core. 3 floors of approx. 8,000 Clean space, good mix of office space w/light Located in the heart of Norfolk 650 ‐ 2,700 SF · $9.00‐$12.00/SF · MLS: Centrally offices, ample power. James Boudreau** manufacturing and assembly space. Easy intersection of University & Bridge. Seconds County. Many uses, tech to growth. retail. for ver�cal 30500085/899/903· Nicely nished units in busy AAA each. OFFICEPoten�al SPACE AVAILABLE · WATERLOO 1,114 SF · $24.00/SF · MLS:30514035 · SF 6,287 SF · $7.00/SF · MLS:KW1531928 · Kitchener access to expressway. Roman Ginzburg* from Hwy 85. Colin Vogel* John Hoffman* 21,775 SF· $4.50/SF ·MLS:30505583·Kitchener shopping centre, low common fees, on a public 114,033 SF · $14.50/SF · MLS:30514878 Rare Kitchener · Last unit available w/high exposure in Colin Vogel*/Peter Benninger** to find! 2 drive thru truck bays, one with pit. Excellent manufacturing and/or warehouse transit route, exis�ng tenants finished, ample parking, natural light Tool room attached. Abundant yard space avail. at centrally located retail plaza. Driveinc. up Short unit onStop, high Beautifully * Sales Representa�ve I N V E S T M E N T F O R S A L E facility. Good power, loading and parking. KW Gaming, Sco�abank throughout. James Boudreau** extra cost. John Hoffman* traffic rd. in Curves, high density residen& al more. area. ** Broker R. Blake Hull* James Boudreau**/ Gary Boudreau* Traffic counts over 40,184 cars. Strong tenant 24,860 SF·$3,900,000 · MLS:30504066 8,500 SF - Main · 8,500 SF - Lower · $650,000 9,360 SF · $6.50/SF · MLS: 30501592 · Kitchener support. Shoppers Drug Mart, Dollarama, Kitchener· 6,994 SF· $7.00/SF ·MLS: 30506432 · Kitchener 800 SF · $21.00/SF · MLS:30501217 · Waterloo Non‐designated heritage building MLS:30509700 · Simcoe · Centrally Located in the 7,699 sf 16 dock shipping area. 1,661 sf office w/ abank, Swiss Chalet and many more. Sco Rare main floor opportunity. High traffic in Downtown core. 3 floors of approx. 8,000 Clean space, good mix of office space w/light heart of Norfolk County. Poten al for ver cal drivers area, new doors, bright, well Lester Tobin* SF intersection of University & Bridge. Seconds each. Many uses, tech Benninger** to retail. manufacturing and assembly space. Easy growth. Colin Vogel*/Peter windowed. John Hoffman* from Hwy 85. Colin Vogel* John Hoffman* access to expressway. Roman Ginzburg*
RETAIL FOR SALE/LEASE
RETAIL FOR SALE/LEASE
* Sales Representa ve * Sales Representa�ve ** Broker ** Broker
8331512_2316
Please say you saw it in The Commercial Investor
Volume 16 Issue 05
9
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
COLDWELL BANKER COMMERCIAL COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211 Phone: 519-743-5211
www.coldwellbankerpbr.com/commercial www.coldwellbankerpbr.com/commercial
e: commercial@coldwellbankerpbr.com e: commercial@coldwellbankerpbr.com
RCOLDWELL BANKER COMMERCIAL EAT RE‐DEVELOPMENT SITE L A N D FGross O R S· A L E KW1537169 G1.03 U L T BUSINESS I ‐ F A M I LFOR Y FSALE O R ·S AEXCLUSIVE LE 3,450 SF · $11.00/SF MLS: WASH Acres · $1,995,000 · MLS: 30502898 CAR M 25,182 SF · $2,420,000 · MLS: KW1417598 Land. Clean industrial space, finished Kitchener Brantford · Full service, fully automated car wash · 1 Acre of Urban Development PETER BENNINGER REALTY, BROKERAGE · Some medical onsite. Walking 6.60 2.94 Brockville 36 Units · $5,500,0000 · MLS: 30505507 Wide range of uses permitted. offices,Acres ample (+/‐) power.Commercial/Retail· James Boudreau** in major traffic area. Lester Tobin* from Hospital. Some new leases 508 RIVERBEND DRIVE, KITCHENER, ON. Acres (+/‐) Residential · $1,000,000 Per Acre· distance James Boudreau** Kitchener · Brand New! 100% Leased, 100% pending. John Hoffman*/Gary Boudreau* Exclusive major Income guarantee& bldg ·warranty. 21,775 SFTremendous · $4.50/SFOpportunity · MLS: on 30505583 4,437 SF · $499,000 · MLS:30516625 Waterloo Phone: 519‐743‐5211 arterial Considerable exposure and/or along HIGH DENSITY MIXED USE DEVELOPMENT Generously sized units w/premium Established since 1996 with many finishes, locations Kitchenerroad. · Excellent manufacturing 66.58 Ac. · $2,200,000 EXCLUSIVE· Cambridge Ottawa St. Concepts for res portion incl. 140 appliances, in suite laundry, 3.25 Acres · $5,850,000 · EXCLUSIVE www.coldwellbankerpbr.com/commercial throughoutsteel Ontario. Family style restaurant with warehouse facility. Good power, loading and Under consideration to e: commercial@coldwellbankerpbr.com change OP stainless stacked town homes or a 134 unit retirement Kitchener · Frontage on 2 major streets at the Separate hydro & gas meters. Located steps liquorMlicense and seating for 148 + S25A on patio. parking. R. Blake Hull* G designation to industrial. Peter Benninger** R E A T R E ‐ D E V E L O P M E N T S I T E L A N D F O R S A L E U L T I ‐ F A M I L Y F O R L E homes or a 134 unit retirement facility. On Tobin* major gateway to downtown Kitchener. away from shopping & expwy Lester 25,182 SF · $2,420,000 · MLS: KW1417598 Peter Benninger** transit route. Eric Reiner* Approx.217 Acres · to$4,340,000 · via EXCLUSIVE Excellent access Hwy 401 Hwy 8 6,994 SF · $6.00/SF · MLS: 30506432 · Kitchener 6.60 Acres (+/‐) Commercial/Retail· 2.94 Brockville · Some medical onsite. Walking Units · $5,500,0000 · MLS: 30505507 Waterloo Region · Currently Farmed. Directly onfrom proposed lightSome railBeing transit route. 36 Clean space, good BUILDINGS mix of office FOR space w/light Hospital. new leases LAND AND SALE distance Acres (+/‐) Residential · $1,000,000 Per Acre· M U L T I· -Brand F A MNew! I L Y I100% N V ELeased, S T M E 100% NT Kitchener Call for info pkg! Peter Benninger**/Colin Vogel* manufacturing and assembly Easy pending. John Hoffman*/Gary Boudreau* 9 Units · $895,000· MLS:30501031 · Kitchener 3,687 SF Tremendous · $775,000 · MLS: space. KW1537347 Exclusive Opportunity on major guarantee& bldg warranty. Peter Benninger**/Colin Vogel* Income property in desirable downtown access to road. expressway. Roman Ginzburg* St Jacobs · Considerable Why pay rent? Excellent arterial exposure along Generously sized w/premium finishes, Close to units farmer's market, city hall, 4,800 SF (2 bldgs.) · 0.9 Ac. $699,000 · location. opportunity for Owner/User. Redevelopment 66.58 Ac. · $2,200,000 EXCLUSIVE· Cambridge Ottawa St. Concepts for res portion incl. 140 2.8 Ac.Land · $4,000/month · MLS: KW new stainless steel appliances, in suite laundry, courthouse, etc. Upgraded oversized 14 Units · $2,500,000 · MLS:30517905/30517890 Under consideration change OP MLS: 30508944 · Paris · to Located at major potential. stacked town homes or a 134 unit retirement 1514567 · Fully fenced with one gate, units gas meters. Located steps featuring newer kitchens, baths, Kitchener ·hydro 10- 3 & bdrm units, 3-2 bdrm units, 1-5 designation to industrial. Peter Benninger** LAND FOR SALE intersection, avg. traffic count 17,500 cars Separate 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 bdrm unit. Solid long term turn-key investment daily. Zoning permits many uses. Peter Benninger** Approx.217 coming through the Spring of 2015! transit route. Eric Reiner* Acres in · $4,340,000 · EXCLUSIVE land. occupancy. CR1 zoning future with 100% All provides units have full D Bill Hoffman* Halpenny* excess E V E L O P M E N T L A N D F O R S A L E John Waterloo Region · Currently Being Farmed. development potential (approx. 0.40 Acres). 20,000 SF, 5.41 Acres · $2,200,000 · MLS30511105 basements, backyards, parking and in-suite 3 . 5 8 A cAND r e s · BUILDINGS $995,000 · Conestogo · LAND FOR SALE for info pkg! 9 Units · $895,000· MLS:30501031 · Kitchener Mike Flynn* St Thomas Site. Call Exclusive Residential Backs onto forested area. laundry. Separate meters. Lester Tobin* 3,687 SF · · · $775,000 · Re-Development MLS: KW1537347 1.03 Acres · $1,995,000 · MLS: 30502898 COMMERCIAL DEVELOPMENT LAND Income property in desirable downtown Peter Benninger**/Colin Vogel* Excellent re‐development opportunity. Former school· surrounded existing single 1 St Jacobs Why pay by rent? Excellent Acre of Urban Development Land. Wide 5,498 SF (approx) · $889,900 · Kitchener location. Close to farmer's market, city hall, James Boudreau**/ Gary Boudreau* family homes. Property subject to re-zoning for 30 2.8 opportunity for Owner/User. Redevelopment range of uses permitted. James EXCLUSIVE · Income potential from buildings. Ac.Land · $4,000/month · Boudreau* MLS: KW new courthouse, etc. Upgraded oversized For Commercial Real Estate single lots & one 6 unit townhome lot. 1514567 potential. Redevelopment parcel.fenced James · Fully with Boudreau** one gate, featuring kitchens, baths, COMMERCIAL DEVELOPMENT LAND FOR Tobin* SALE 10.87 Acres · $3,600,000 · EXCLUSIVE · units Solutions in newer Canada's Technology Lester James Boudreau**/ Gary Boudreau* and compacted. Bleams Road steel appliances Large lot our with 5,498 SF (approx) · $850,000 · Kitchener graveled Brantford · High traffic, high visibility. Part of stainless For Commercial Real Estate Triangle, contact any one of coming L A N D & through B U I L D I N Gin S - the I N V ESpring S T M E N Tof O 2015! F F I C E excess land. CR1 zoning provides future EXCLUSIVE · Income potential from buildings. D E V Acres E L O P(+/-) M E NCommercial/Retail T L A N D F O· R2.94 S Acres A L E intensification corridor being studied by the 6.60 sales representatives, or call Solutions in Canada's Technology John 12,853SF · $2,100,000 · Hoffman* Kitchener potential (approx. 0.40 Acres). Redevelopment parcel. James Boudreau** 3(+/-) . 5 8Residential A c r e s · · $1,000,000 $995,000 Conestogo Per· Acre · Exclusive· city. Peter Benninger** development 519‐743‐5211. Triangle, contact any one of our MLS# 30503036 · Multi-tenant office building. Mike Flynn* Exclusive Backs onto forested Tremendous· Opportunity on major arterial area. road. Acres · $1,995,000 · MLS: 30502898 sales representatives, 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 or call Centrally located. Zoning & property suitable for Excellent re‐development opportunity. Considerable exposure along Ottawa Concepts 0.35 Acres · $1,425,000 · Exclusive · Kitchener 1 Acre of Urban Development Land. Wide SALES REPRESENTATIVES: 12,853SF ·$2,500,000 · St.Kitchener many uses. Development opportunity James in the Boudreau** heart of 519-743-5211. James Boudreau**/ Gary Boudreau* for res portion incl. 140 stacked town homes or a range of uses permitted. James Boudreau* MLS# 30503036· Multi‐tenant office building. downtown Kitchener. Capitalize on current For Commercial Real Estate 134 unit retirement homes or a 134 unit Gary Boudreau * · ext. 3029 Centrally located. Zoning & property suitable COMMERCIAL DEVELOPMENT LAND FOR SALE DC exemptions. 8.28 Acres · $1,558,000 · MLS: KW1522201· 10.87 Acres · $3,600,000 · EXCLUSIVE Solutions in Canada's Technology SALES REPRESENTATIVES: retirement facility. James Peter Benninger** for many uses. James Boudreau ** · ext. 3020 5,498 SF (approx) · $850,000 Boudreau**/ · Kitchener Peter Benninger**/ Colin Vogel* Cambridge · Fantastic location to build up to Brantford · High traffic, high visibility. Part of Triangle, contact any one of our Gary Boudreau* Selby Colson * · ext. 3100 EXCLUSIVE · Income potential from buildings. 64,207 sq. ft. in 2corridor buildings. Manystudied uses within M3 intensification being by the sales representatives, or 3000 call Peter Benninger** · ext. LAND AND BUILDINGS FOR SALE Mike Flynn * · ext. 3037 Redevelopment parcel. James Boudreau** zoning including residential. In park city. Peter Benninger** 519‐743‐5211. MIXED USE DEVELOPMENT 3,687 DENSITY SF · $775,000 · MLS: KW1537347 HIGH Roman Ginzburg* · ext. 3103 A L EHoffman* Gary Boudreau * · ext. 3029 setting. B U S I N E S S F O R SJohn John Hoffman * · E NEXCLUSIVE L3.25 & Acres· B U I L D· I N $5,850,000 G S ‐ I Npay V E S Trent? M T Excellent O F F I C E 0.35 Acres · $1,425,000 · Exclusive · Kitchener StA N DJacobs Why · ext. 3040 SALES REPRESENTATIVES: Kitchener · Frontage on 2 major streets at 12,853SF ·$2,500,000 Kitchener Development opportunity in the heart of Owner/User. · Redevelopment opportunity for James Boudreau ** · ext. 3020 Bill Halpenny * · ext. 3120 66.58 Ac. · SHOP $2,200,000 AND · EXCLUSIVE the gateway to downtown MLS# 30503036· Multi‐tenant office building. MECHANIC LOT potential. James Boudreau**/ Gary Kitchener. Boudreau* downtown Kitchener. Capitalize on current R. Blake Hull* · ext. 3032 CambridgeSF· · Under consideration toKW1535223 change OP Excellent access to Hwy 401 via Hwy 8 DC Gary Boudreau * · ext. 3029 Centrally located. Zoning & property suitable 1,440 $559,000·MLS: Mike Flynn * · ext. 3037 exemptions. Eric Reiner* · ext. 2099 designation to industrial. Peter Benninger** Directly on proposed light rail transit route. for many uses. James Boudreau**/ James Boudreau ** · ext. 3020 Kitchener · Established mechanic business on DEVELOPMENT LAND FOR S A L E Peter Benninger**/ Colin Vogel* Lester Tobin* · ext. 3023 Roman Ginzburg* · ext. 3103 Peter Benninger**/Colin Vogel* Gary Selby Colson * · ext. 3100 3 . 5 8 A c r e s · $995,000 · Boudreau* Conestogo quarter acre site. Ideal for used car sales. Colin Vogel* · ext. 3110 10.87 Acres · $3,600,000 · EXCLUSIVE · R. Blake Hull* Mike Flynn * · ext. 3037 30506497/63050504 · Backs· MLS: onto forested area. Harmony Voisin · ext. 3117 John Hoffman * · ext. 3040 8.28 Acres · $1,558,000 KW1522201 HIGH DENSITY MIXED USE DEVELOPMENT BrantfordB U· SHigh high Roman Ginzburg* · ext. 3103 I N Etraffic, SS FO R visibility. S A L E Part of Excellent re-development opportunity. Cambridge · Fantastic location to build up to 3.25 Acres· $5,850,000 · EXCLUSIVE 1,800 intensification corridor being studied by the city. SF · $195,000 ·MLS:30502387 John Hoffman * · ext. 3040 James Boudreau**/ Gary Boudreau* Bill Halpenny * · ext. 3120 64,207 sq. ft. in 2 buildings. Many uses within Kitchener · Frontage on 2 major streets at Waterloo · Well established BROKER OF RECORD: Peterand Benninger** highly Bill Halpenny * · ext. 3120 M3 including residential. Kitchener. In park MECHANIC the zoning gateway to downtown SHOP fine/casual AND LOT R. respected full service dining R. Blake · ext. 3032 BlakeHull* Hull* · ext. 3032 Approx. 217 Acres · EXCLUSIVE Waterloo Region setting. John Hoffman* 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. Eric Reiner* · ext. 2099 Currently Being Farmed. BUSINESS FOR SALE for inforoute. pkg! Kitchener · Established mechanic business on Directly on proposed light Call rail transit Eric Reiner* · ext. 2099 Lester Tobin* Lester Tobin* · ext. 3023 Peter Benninger**/Colin Vogel* quarter acre site. Ideal for used car sales. Peter Benninger**/Colin Vogel* Colin Vogel* · ext. 3110 Lester Tobin* · ext. 3023 R. Blake Hull* * Sales Representa�ve Harmony Voisin · ext. 3117 8.28 · $1,558,000 G R E AAcres T R E - D E V E L O· PMLS: M E N TKW1522201 S I T E 1,800 SF · $149,000 · MLS:305018173 Cambridge · Fantastic location to build up to 25,182 SF · $2,420,000 · MLS: KW1417598 1,800 Colin Vogel* ** Broker · ext. 3110 WaterlooSF · · Well established·MLS:30502387 and highly $195,000 64,207 sq. ft. in 2 buildings. Many uses within Brockville · Some medical onsite. Walking Waterloo BROKER OF RECORD: respected · full service fine/casual dining Well established and highly Harmony Voisin* · ext. 3117 M3 zoning park respected distance fromincluding Hospital.residential. Some newIn leases restaurant full located in Waterloo’s service fine/casual uptown. dining setting. John Hoffman* pending. John Hoffman*/Gary Boudreau* restaurant located in Waterloo’s Peter Benninger** · ext. 3000 uptown. Lester Tobin* Lester Tobin*
Kitchener ·
* Sales Representa ve * Sales Representa�ve ** Broker ** Broker Please say you saw it in The Commercial Investor
8171433_1716
10
Volume 16 Issue 05
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
519.742.7000 www.coupalmarkou.com
SALE
802 EXETER ROAD, LONDON
• Freestanding building fronting high traffic exposure • Ideal for owner/user or lease to office, retail or food service • 6500 sq ft • $999,000
MLS
2316_DJW_2_0040
SALE
584 ONTARIO STREET, STRATFORD
• 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 2316_DJW_2_0039
MLS
PROFITABLE BUSINESS IN KITCHENER
SALE
• Great opportunity to own a pub, billiards & banquet facility • Long term lease in place • Very profitable business • $695,000
SALE
#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
MLS
2316_DJW_1_0024
LEASE
120-122 KING STREET NORTH, WATERLOO
• 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
2316_DJW_0032
EXCLUSIVE
2316_DJW_1_0051
324 HIGHLAND ROAD WEST, KITCHENER
LEASE
• Second floor space with private entrance • Excellent location across from "The Shops of Waterloo Town Square" • On GRT route and minutes from Hwy 85 • 1,016 sq ft (approximately) • $10.00/sq ft Net
• Retail units in busy plaza • High traffic corner with great street exposure • Units of 1,198 and 1,641 sq ft • $24.00 - 26.00/sq ft Net MLS
2492 CEDAR CREEK ROAD, AYR
• Restaurant for sale • Approximately 110 seats • Located at busy Flying Jay truck stop plaza at Hwy #97 & #401 • $359,000 MLS
2316_DJW_2_0076
LEASE 92 KING STREET SOUTH, WATERLOO
2316_DJW_2_0063
SALE
2316_DJW_1_0078
LEASE
535 BELMONT AVENUE WEST, KITCHENER
• Office Space in quaint medical building in Belmont Village • Main floor space • 1,200 sq ft • $2,068/month Net MLS
MLS
2316_DJW_1_0022
Christopher Coupal
John Markou
Theo Papadopoulos
Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101
Broker, Principal john@coupalmarkou.com 519-742-7000 x 102
Sales Representative theo@coupalmarkou.com 519-742-7000 x 103
CONNECT
11289418_2316
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
11
Commercial Real Estate & Business Opportunities
519.742.7000 www.coupalmarkou.com
SALE
54 BRIDGE ST WEST, KITCHENER
• Prime residential development site • 1.23 acres with 181.28 ft frontage • Premilinary site plan approval in place for • 32 unit apartment building or stacked townhouses • $1,195,000 MLS
2316_DJW_1_0117
SALE
138 BLEAMS ROAD, KITCHENER
• Prime development site in Kitchener with 220' frontage • 3.4 acres • $2,250,000
2316_DJW_4_0051
MLS
LEASE 300 BRIDGE ST EAST, KITCHENER
SALE
835 VICTORIA STREET NORTH, KITCHENER
SALE
• 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
• Established 6 bay car wash • Price includes land, building and equipment • 3,540 sq ft on 0.54 acres • $1,549,000
2316_DJW_3_0023
• Frestanding building with National Tenant • Located on major corridor near both Universities • 10,900 sq ft on 0.69 acres • $2,999,000
SALE
EXCLUSIVE
2316_DJW_3_0021
SALE 405 KING STREET NORTH, WATERLOO
2316_DJW_2_0052
93 LODGE STREET, WATERLOO
MLS
SALE 341 MARSLAND DRIVE, WATERLOO
• Prime investment/re-development opportunity • Easy access to Conestoga Expressway • 59,000 sq ft on 5.83 acres • $7,800,000 MLS
2316_DJW_2_0042
KITCHENER/WATERLOO CARWASH / BOXWASH Sales $415,000 (2015) Growing Asking $3,250,000
• 72.9 acres • 44.65 acres developable • Strategically located on the new Hwy 7 realignment • $9,900,000 2316_DJW_4_0021
PRINCIPALS ONLY
Exclusive
MLS
Christopher Coupal
John Markou
Theo Papadopoulos
Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101
Broker, Principal john@coupalmarkou.com 519-742-7000 x 102
Sales Representative theo@coupalmarkou.com 519-742-7000 x 103
CONNECT
11287245_2316
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
Kitchener/Waterloo Guelph & Cambridge
Volume 16 Issue 05
SOUTHWESTERN ONTARIO
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SOUTHWESTERN ONTARIO SECTION COVERING: Brantford Chatham Grey & Bruce Counties
Ingersoll London Owen Sound Sarnia Simcoe Stratford
St. Thomas Tillsonburg Windsor Woodstock
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
NewSectionPages_FullColor2015.indd 4
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Commercial Real Estate & Business Opportunities
George Gicopoulos Sales Representative Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepagecommercial.com www.geor gegicopou los.com www.royal l ep a gecommercial.com COMMERCIAL - WOODSTOCK - $795,000
11305025_2316
Royal LePage Triland Realty, Brokerage*
*Independently Owned and Operated
BUSINESS & PROPERTY - $625,000
MAKE AN OFFER Approximately 44,000 sq. ft. of land next to Walmart and Home Depot in Woodstock's prominent commercial node. The building is about 8,500 sq. ft. on main level with about 2,000 sq. ft. on second floor. Over 80 paved parking spots. Great exposure, location and investment. 2316_DJW_2_0081
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 till middle off Septemenber and could be extended for great sales & profits. Onsite parking plus municipal free parking at the front. 2316_DJW_3_0051
LONDON INVESTMENT 2.1 MIL
BUSINESS OPPORTUNITY FOREST ONTARIO N - $695,000
Great property with three strong tenants on over 2 acres of land. In London's most active north/east Commercial/Residential area. Good return on Investment with extra land for additional development. 225 ft. frontage on Highbury Ave. N. Call for details. 2316_DJW_1_1666
This grill & bar does tremendous business and is looking for a new energetic owner to take over and enjoy the benefits. 75 seats inside and 40 seats on the patio. Open 11:00 am to 12:00 midning and generates tremendous sales. JUST LISTED. DON'T MISS IT. 2316_DJW_0041
RING-A-WING FRANCHISE - $99,000
SARNIA INVESTMENT ASKING 8% CAP RATE
Great Franchise opportunity where you don't pay royalties, unbelievable but true! Good Southwest London location. New building in a very busy and developing area of the city. Licensed with patio. Call for details. 2316_DJW_0044
Free standing building of over 6500 sq. ft. that houses a well known successful Steak House Restaurant. Located on 1.15 acres of land just off the last exit from HWY 402 before the Blue Water Bridge in to Port Huron U.S.A. 5 year net lease with 5 year Renewal options. Great investment! Call today. 2316_DJW_0042
TWO PROPERTIES OFFERED TOGETHER FOR $550,000
Both properties side by side in excellent condition located at the corner of Wharncliffe and Bruce. Over 10,000 sq. ft. of land with two buildings. One used for auto glass repair and the other for auto sales, both owner occupied. Ideal for auto related business or many other possibilities. Call for details. 2316_DJW_0241
Please say you saw it in The Commercial Investor
2316_DJW_0250
Southwest Ontario
N
Volume 16 Issue 05
14
Volume 16 Issue 05
8492999_2316
Commercial Real Estate & Business Opportunities
Sales Representative
Eavan Travers CCIM**
Bonnie Baker Hodgins ABR**
eavan@eavan.ca 519-649-6000
bbakerhodgins@sutton.com 519-433-4331
RE/Max ADVANTAGE Realty Ltd. Brokerage*
Southampton
Office: 519-797-5500 Cell: 519-270-3055 e-mail: donamy@bmts.com www.southamptonhomes.ca
**Each Office Independently Owned & Operated
2316_DJW_0033
MULTI-FAMILY INVESTMENT OPPORTUNITY! NG
435 QUEEN ST., PAISLEY
TI
W
NE
RESIDENTIAL DEVELOPMENT POTENTIAL
Size: 100 acre parcel Asking: $50,000/acre
Zoning: Restricted agricultural https://www.youtube.com/watch?v=cnuhHrBYE_4
LIS
3600 sq. ft. all brick 4 plex w 3 2-BR and 1 1-BR apartments. Close to Bruce Nuclear Plant in the heart of very popular canoeing town. This property has a 'right of way' to share a driveway with parking at the rear. Each unit has separate hydro meter.
$109,900
2316_DJW_0013
RESIDENTIAL DEVELOPMENT LOT 20, CONCESSION 20, SAUBLE BEACH
2316_DJW_2_0008
401 @ EXIT 129 RODNEY VACANT PARCEL Development/Investment Hwy Commercial/Industrial 55 Acres (Approx) 30 Min. West of London $1,599,880 Call Eavan - 519-649-6000
$549,900 NEW PRICE
Excellent opportunity to develop new housing project as it is close to Sauble Beach & on the edge of existing Sauble development. A total of 95 acres; 22 acres had subdivision draft plan with 20 lots. Part of the area (Walker Way) is developed with water, individual septic, electric, gas, cable & telephone. 2316_DJW_8014
Dave Spencer
11007505_2316
Southwest Ontario
11281459_2316
SUTTON GROUP-SELECT Realty Inc. Brokerage*
SAL E S RE PRE SE NTAT I V E 62 1st Avenue South Chesley, Ontario N0G 1L0
H:
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
Please say you saw it in The Commercial Investor
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
1316_DJW_0013
15
RENATE SIEBERSCHLEGEL
Broker of Record Cell:519-531-1177
Land Exchange Ltd. Brokerage Independently Owned and Operated
262 Josephine St., Wingham •
LIST PRICE $1,100,000
21 UNIT RESIDENTIAL INVESTMENT
LIST PRICE $395,000
COM/RES INVESTMENT PROPERTY
Office: 519-357-3332
LIST PRICE $1,900,000
PRIME 48 ACRE DEVELOPMENT SITE
www.remaxlandexchange.ca
• Commercial/Residential on Hwy 21 inGoderich across from Suncoast Mall and Industrial Park.
• On main street in Lucknow. • 7 apartments, 4 commercial units. • Good 2 storey building in prime location, recent renovations including newer membrane roof. • Call Listing REALTOR for financial information. • MLS #395042 2116_DJW_0002
• Consisting of 3 x 6 plexes, • 1x4 bedroom house, 1x3 bedroom house, 1x2 bedroom house. • Upgrades are ongoing. Close to shoppin, restaurants, banking. • Call Listing REALTOR for showing. • Exclusive
• Environmental Study available. • Call Listing REALTOR for more information. • MLS #608116 2116_DJW_0001
11264376_2116
Commercial Real Estate & Business Opportunities
2116_DJW_0003
11307494_2316
Please say you saw it in The Commercial Investor
Southwest Ontario
Volume 16 Issue 05
16
Volume 16 Issue 05 11241815_2316
Commercial Real Estate & Business Opportunities Sutton - Huron Shores Realty Inc. Brokerage Independently Owned and Operated
606 Goderich St., Port Elgin, ON N0H 2C0
519-797-1007
Brian Shular Doug Freiburger Kaitlyn Shular Judy Howard
1-888-727-1007
Southwest Ontario
PRIME HWY COMMERCIAL
Broker of Record
5097 Hwy. 21, Port Elgin $489,000
IMMACULATE COTTAGE PARK CLOSE TO THE BEACH
Sales Representative
Sales Representative
LOCATED IN THE CENTRE OF PORT ELGIN
Sales Representative
583 Catherine St., Port Elgin $499,999
• Located on 3/4 acre in Prime Commercial Area • Large Parking Lot, Currently a Small Engine Shop • Sellers will hold Mortgage w/$100,000 down • Business & Inventory Negotiable • MLS #41104400520500
• 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
2316_DJW_0020
2316_DJW_0021
299 Green St., Port Elgin $554,900
CORE COMMERCIAL DUPLEX
136 High St., Southampton $308,560
• 3 Bedroom Bungalow & 7 Winterized Rental Cottages • Extensive Client List Available from Current Owners • Located in a Prime Rental Area a Short Walk to Lake Huron • Ran Year Round this will be an very Profitable Business • MLS #411046000413700
• Prime Downtown Located, Steps to the Beach • Zoning Allows for many different uses • New Gas Furnace installed in 2011 • Plenty of Parking around the rear of the Building • MLS #411048000303500A
2316_DJW_0022
2316_DJW_0023
www.suttonhuronshores.com Not intended to solicit properties currently listed for sale.
Ontario’s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate
FOR ADVERTISING CALL
DOREEN WILLS 905.570.9283 • 1.800.268.0077 Doreen.Wills@ypnexthome.ca Please say you saw it in The Commercial Investor
Volume 16 Issue 05
17
Commercial Real Estate & Business Opportunities
Brian Holden Broker of Record
brianh@kwic.com
519-426-0081
LAND FOR SALE IN THE TOWN OF
Cell
519-428-7921
INDUSTRIAL IN THE TOWN OF DELHI
RETAIL IN THE TOWN OF WATERFORD
$895,000
$479,000
$379,000
Former brown fields of the Norfolk Co-op, lands have been remidiated and documents will be available at the listing brokers. This property fronts on 4 streets and has been rezoned to R-4 and would allow for townhouses and or condos with up to 45 to 46 units, no draft plan has been completed as yet. Subject to a severance to allow for a clinic on the south end of the property which is available on a separate listing. Buyer must do their due diligence with regard to water and sewer availability. The Brown Field designation will be except from lot levies which will be a great benefit to a developer.
Located near Hwy 59 and Hwy 3. GREAT SERVICE SHOP FOR TRUCK REPAIR BUSINESS, 3 large bay doors for entry to shop 16 Ft x 14 FT area with infloor heating. A/C for summer. Office and lunchroom just off of main work area. Ample parking for large trucks. 65 foot service pit with oil and lubricant and oil. ZONING IS MG AND HAS VARIED USES. Office 26x12.5, lunchroom 11x10, stock room 24x10.
Commercial Building in down town Waterford, with many recent improvements and upgrades. Currently has 2 anchor tenants and a Cardio clinic/exercise fitness center owned and operated by the Building's owner. Building has a large, well lit parking area. Zoning has multiple uses and applications, with details available at the listing Broker's office. The cardio fitness is active and growing. This property is immediately across the street of the local LCBO/ Beer store.
2316_DJW_1_0075
2316_DJW_1_0076
2316_DJW_0037
11291991_2316
11297437_2316
WOODSTOCK
ROSEMARY BROWN
PETER VANDERSAR
SALES REPRESENTATIVE
BROKER
519-532-9049
519-536-1200
rosemarybrown@royallepage.ca
peter@petervandersar.com
519-539-2070
FOR SALE
FOR SALE FOR SALE - $495,000
$990,000 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. Ducks Unlimited, the local Stewardship Council and the Grand River Conservation authority worked together on this wetlands restoration project. This natural habitat for deer, birds and bees in the bush lot and waterfowl & fish in the creek and ponds. 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 dreams.
2316_DJW_0056
Situated on a private 1.5 acres and overlooking the valley, this beautiful Georgian style 4+1 bedroom home is located on the west edge of Woodstock. The main floor features a family room, living room, formal dining room, laundry room, kitchen and breakfast area with access to a deck which overlooks the valley to the south. Also included are a fully finished basement with access from the double car garage, a remodelled 3 piece ensuite bathroom upstairs, a 4 piece bathroom upstairs, and a 2 piece bathroom downstairs off the back entrance. The house is set back from the road with interlocking driveway and path. There is lots of room on this property and it is large enough to put up a new shop or pool!
2316_DJW_3_0062
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. 2316_DJW_3_0063
820, 940, and 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. 2316_DJW_7_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. 2316_DJW_1_0689
Please say you saw it in The Commercial Investor
Southwest Ontario
103 QUEENSWAY EAST, SIMCOE, N3Y 4M5
HAMILTON
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
HAMILTON SECTION COVERING:
Grimsby Hamilton Haldimand Stoney Ancaster Caledonia Cayuga Creek Dundas Dunnville
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
NewSectionPages_FullColor2015.indd 6
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Volume 16 Issue 05
19
Commercial Real Estate & Business Opportunities
Simcoe, Ontario
An Excellent Opportunity To Own An Income Generating Property Outside Of The GTA. Don't Miss Out! Call Now. ASHLI BAIN. SALES REPRESENTATIVE DIRECT:647.996.7053 RIGHT AT HOME REALTY INC. BROKERAGE 1396 DON MILLS ROAD B121 TORONTO, ON OFFICE:416.391.3232
BRAND NEW
62,700 Sq. ft. Commercial Plaza + 35 Stores & office indoor plaza ready for occupancy 2017 + Prime 5.2 acres Location, Plus 240 parking spaces + Shovel ready for construction Asking Price $2,700.000 Real estate Investors & Builders here is your opportunity to own or build this fantastic plaza Cedar Park Plaza/Simcoe Ontario 11306460_2316
Call Ed Bain
416-836-7686
(email) slandcorporation@yahoo.ca 9742018_2316
-1.88 Acres of Prime Industrial Property -4,721 Sq.Ft of office and warehouse space
Hamilton
FOR SALE
FOR SALE
Cosmo Costa SALES REPRESENTATIVE
Your Investment Property Specialist
STATE REALTY BROKERAGE
INDEPENDENTLY OWNED & OPERATED
CENTRALLY LOCATED 10 UNIT
EAST END ALL BRICK CONSTRUCTION
All brick construction building consisting of 6-1BR, 3-BR & 1 Bachelor, some parking separate meters. GROSS INCOME $68,400. N.O.I. $45,283
7 units. 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 laundromat business. GROSS INCOME OF $41,300 N.O.I. $25,319.
1716_DJW_0052
1716_DJW_3_0024
CALL 905-662-6666
Please say you saw it in The Commercial Investor
20
Commercial Real Estate & Business Opportunities
Volume 16 Issue 05
Changes to Eviction Process Dino Nicosia, Broker of Record, Investpro Realty Ltd. and Arun Pathak, President of Hamilton and District Apartment Association
I
Hamilton
n the summer of 2015 the process followed by the Enforcement Office (Sheriff) in Hamilton and other areas changed significantly. These changes affect the Central West Region of the Court Services Division. This is an area that includes Orangeville, Brampton, Milton, Halton, Hamilton, Brantford, Simcoe and all the Niagara Peninsula. In Hamilton, under the old system, when the Sheriff’s Office received an eviction order along with the required form and fee, the Sheriff would visit the property. He would talk to the tenants if someone was at home; if no one answered the door he would post a notice. This notice informed the tenant that they had to be out by a certain date (which was usually in 7 days). This visit to the premises was typically within one to three days from the time his office received the order. This process resulted in the eviction taking place in about 8 to 10 days, from the time the Sheriff’s Office received the Order. However, from the time the N4 (or similar notice) was served and the wait for the hearing and any delay in the order being writ-
ten, it is a very lengthy process. It could take 2 to 4 months. This process time was recently extended by the Landlord Tenant Board by mailing out the notice of hearing. Under this new process which came into effect around August 2015, the Sheriff is now mailing out the notice to the tenants and allowing about 5 days for the mail to reach the tenant.
8171452_2316
Please say you saw it in The Commercial Investor
21
Commercial Real Estate & Business Opportunities
The new process creates some concerns: › The first concern for many is the possible loss of revenue this extended process could create. Most people do not realize, nor care about the further loss of revenue for the Landlord. But the landlord has to recoup the loss from someplace. Typically, it is through higher rents or less services to the tenant provided by the Landlord. › Another issue with mailing out the notices is that some tenants may not receive their notice. Some tenants who are about to be evicted are often behind on their bills and may be avoiding checking their mail on a regular basis. It may be a surprise to them on the day they are being evicted. This would cause more tension for the tenant and the Sherriff, in an already stressful situation. Under the old process the Sheriff visited the rental unit and often collected valuable information about the type of tenants he was dealing with. This enabled him (or her) to be prepared on the eviction day and create a safer environment.
More changes may be in store for the Sheriff department: FRPO (Federation of Rental Housing Providers of Ontario) has been suggesting to the Government that changes should be made. An alternative should be available such as using private bailiffs for enforcement. Earlier this year the government carried out a consultation process on how a new system could work. They are considering alternatives beyond the current Sheriff’s Office for evictions that could allow additional service provider options such as an off-duty police officer or a private bailiff to shorten the enforcement wait time. Hopefully the recent public consultation will help housing providers with the needed additional options to enforce the lawful eviction orders issued by LTB. The current average time period to resolve a landlord tenant dispute is 90 days in Ontario. That is a long time to not receive income from an income producing property. The damage is compounded by having to pay non-refundable costs for the eviction process.
8171394_2316
Please say you saw it in The Commercial Investor
Hamilton
Volume 16 Issue 05
22
Volume 16 Issue 05
Commercial Real Estate & Business Opportunities
INVESTPRO REALTY LTD.,
VMYSL
BROKERAGE
Specializing in Multi-Residential Listing and Sales
Dino Nicosia, Broker of Record
Direct: 905-870-5852 dino@investprorealty.com
“Your Investment Partner for Life”
Kandy Thompson,
Sales Representative
Direct: 289-244-5627 kandy@investprorealty.com
www.investprorealty.com 8 UNITS, WEST HAMILTON Hamilton
Desirable Locke Street location. Parking for 6 cars. Asking $809,000. For details contact Dino Nicosia, Broker.
2316_DJW_0068
6 UNITS - CENTRAL HAMILTON
24 UNITS, LONDON
Asking $625,000. Only minutes to General Hospital. Up and coming area. Over $150,000 in renovations. For more 2316_DJW_2_0054 details, visit our website.
For financials and more details, contact Dino Nicosia or visit our website.
6 UNITS, HAMILTON MOUNTAIN
4 UNITS, ST. CATHARINES
D L O S Asking $699,900. Solid well kept brick and block construction. Excellent location, next to Juravinski Hospital, minutes to Limeridge Mall and near mountain brow. Visit our website for details. 2316_DJW_1_0057
2316_DJW_1_0069
D L O S Asking $310,000. Solid brick, legal 4-plex, in desirable rental area. Visit our website for details. 2316_DJW_3_0058
Before you invest, Deal with the best. Call Investpro Realty. Please say you saw it in The Commercial Investor
9558936_1716
Volume 16 Issue 05
23
Commercial Real Estate & Business Opportunities
Rockhaven Realty Inc. Brokerage
170 Rockhaven Lane - Suite 113 Phil Calvano, Waterdown 905-689-7325 Broker of Record - MVA
SALE OR LEASE
11307630_2316
DEVELOPMENT SITE • Downtown/West bar restaurant on corner lot. • 6700 square feet on 3 floors plus 3000 square foot patio. • 10 car parking. • VTB available.
• High rise condo development site. • 12 story 107 units with city developments incentives. • Call for info. 1
$1,399,000
1716_DJW_0062
PRIME WATERDOWN LOCATION • Hamilton St N at Dundas St., Waterdown - 2 units 6700 sq ft & 1800 sq ft available immediately. • Landlord will consider short term lease up 1 to 3 years. • Call for info.
Hamilton
1
1716_DJW_0063
COMMERCIAL CONDO
1
1716_DJW_0064
• Why lease when you can own. • High traffic Waterdown location next to Fortino's Plaza. • Health Care, Professional, Office, Retail. From $249,900. • Call for details.
1716_DJW_0065
www.rockhavenrealtyinc.com 8181662_2316
Ramzi Twal Sales Representative
MACRO REALTY
905.574.3038 CELL 905.741.7221 OFFICE
1.888.751.2229
ramzi@ramzitwal.com www.ramzitwal.com
3 STOREY BUILDING NEXT TO HAMILTON GENERAL HOSPITAL Building ready for renovation. Building permit is in place for 4 residential units & 10 R2 Commercial on main floor. Solar panels on roof for extra income. Call for city incentives. MLS H3174705
EXCELLENT INVESTMENT Central location. Fully occupied by long term tenants. Dance Studio, Church group, spa and storage. One 2 bedroom and 3 single rooms. 14 parking spaces. Excellent location in East end of Hamilton. MLS H3178227
1716_DJW_0026
1716_DJW_0027
LARGE FAMILY HOME WITH IN LAW SUITE LOCATED IN CENTRAL MOUNTAIN Totally gutted and renovated in the past few years. Near public transport, shopping, schools and expressway. Double drive & garage, 6 appliances, 3 kitchens, 3 full baths. Central Hamilton Mountain location. Availability: Immediate. MLS H3178080
D L SO
1716_DJW_0028
MOTEL WITH 14 ROOMS A Restaurant and an Apartment for operator on highway#3. 45 minutes to hamilton and 24 minutes to simcoe. CALL FOR DETAILS.
Please say you saw it in The Commercial Investor
24
Volume 16 Issue 05
Commercial Real Estate & Business Opportunities
Hamilton 10339498_2316
11294991_2316
For
Further inFormation:
John hryczynski Broker
(905) email:
REAL ESTATE BROKERAGE CommerCial
John@BBsrealty.com
www.BBsrealty.com
commercial real estate
real estate sales and leasing serviCes RETAIL FOR LEASE
1716_DJW_1_0100
TURNKEY RESTAURANT FOR SALE
1716_DJW_0074
BUILDING FOR SALE
529-5900 x 240
PRIME SOUTH WEST HAMILTON LOCATION Great location on this sought after Locke St. business district, this property is mixed use building, recently renovated throughout, and is ideal for an owner user or investor property. The ground floor unit consists of approx. 2,440 sf (divisible) commercial space for the owners use and the top floor contains 5 student rental units ready to be leased. Possible VTB for qualified buyer. Asking $1,499,000.
DUNDAS Prime plaza location & exposure on Governors Rd in West Dundas across from 3 schools in a large residential area. Unit 3: Ideal for fast food restaurant use or most other retail uses with some restaurant equipment in place to be purchased if food use and Unit 4-6: former medical offices with individual exam rooms w/sinks in each room. Ideal for medical, office or other retail uses (divisible). Immediate poss., abundant parking. Asking $18.95/sf net. Call for details.
Excellent opportunity to own this vibrant growing family restaurant business, licensed with patio opportunity, with an excellent corner location in the greater Hamilton region with abundant parking. Great long term lease with options. This 123 seat (plus patio) turnkey business was recently renovated and is ideal for a family business with growth potential or for a national brand to take this business to the next level. Asking $189,900. Call LA for details.
RETAIL/OFFICE FOR LEASE
RETAIL/OFFICE FOR LEASE
RETAIL/OFFICE FOR LEASE
1716_DJW_1_0066
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GREATER HAMILTON REGION
170 SILVERCREEK PARKWAY NORTH, GUELPH Located on a major arterial road across from Willow West Mall. Many national tenants on this power retail strip. Unit 2 - 2,151 sf, former variety store, asking $13.95/sf and Unit 7 - 4,550 sf asking $12.95/sf, unit divisible from 1,250 sf, rates vary on size. Ideal for most retail or other uses, landlord may assist with improvements. Immediate possession, loads of parking. Bonus fee to agents.
EAST HAMILTON MOUNTAIN A first class busy regional retail complex, anchored by Metro Food, Shoppers Drug Mart, LCBO, department stores, banks & other retailers w/tremendous parking capacity. Available units include 4,036 sf, ideal for most retail uses and 1,520 sf: ideal for a bar/restaurant uses. Immediate possession.
EAST HAMILTON Attractive neighbourhood retail plaza in the heart of a high population mixed density res. area. Easy access to Red Hill Expressway. Units sizes vary from 786 - 6,800 sf with rental rates Economically priced from $9.95 - $13.95/sf net. Ideal for most retail/office uses. Landlord may assist with improvements. Abundant parking. Immediate possession.
Please say you saw it in The Commercial Investor
Volume 16 Issue 05
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Commercial Real Estate & Business Opportunities
Diamond Award Winners
EAST HAMILTON - 11 UNITS IVE
US
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Hamilton
EX
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Fantastic 11-unit building in East Hamilton, close to all amenities. Concrete & terrazzo with balconies, security and parking. Mostly 2-bed spacious units and even one large 3-bed unit. Gross income over $111,000 and NET income of $64,000. CAP over 5% with lots of rent growth potential. Buyer can arrange own financing and agent will assist in arranging very attractive CMHC financing if needed. A good long-term investment, call directly today: 905-719-3601 or 905-802-4769. 2316_DJW_0038
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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 BURLINGTON - $19,900
FOR LEASE STONEY CREEK - $2,200.00 P/M Newly constructed commercial unit, 1100 sq. ft. with high basement (extra sq. ft.). Good for retail, office or commercial uses. Close to hwy, shopping, parks and on bus route.
LD
SO
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EAST HAMILTON
Long established. 30 years in business. Great location. No other competition in the area. Doing approx. $35,000 in monthly sales. Call for more information.
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HAMILTON - $249,900
Location Location Location. Just off of Guelph Line on QEW. Hair Salon business for sale (established as a barber shop). Newly renovated and upgraded. Good opportunity for hands-on owner.
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.
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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. 1716_DJW_4_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. 1716_DJW_2_0085
I HAVE QUALIFIED BUYERS FOR YOUR BUSINESS. CALL FOR INFORMATION. “My Business is to Sell Your Business�
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Published by
2015-03-24 11:04 AM
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Volume 16 Issue 05
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Commercial Real Estate & Business Opportunities
2005-2007 MAIN STREET NORTH, JARVIS - $299,900
4011 HWY 6, HAGERSVILLE $1,590,000
4 FIELD RD, NANTICOKE $729,900
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.
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.
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
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145 - 147 LOCK STREET E, DUNNVILLE $159,900 63 8TH CONCESSION, BURFORD $949,000 Pristine 37.57ac income producing property situated across from Burford's southern urban boundary. Incs century 4 bdrm home (circa 1900), 36x40 insltd stl clad wrkshp, 2007 w/conc. flr + 2 - 12x12 drs, 50x80 free-span I-beam building, rented to feed supply/ retail tenant + 35ac vegetable soil. $21,100 annual income. *Zoned "A" 2316_DJW_1_0037 2316_DJW_2_0012
Affordable Dunnville investment property in hi-visual/vibrant downtown area. Incs 2 upper level residential units+main level commercial unit-fully tenanted w/sep.hydro/gas/water/sewer meters. Annual Income-Aprx.$16,800-Gross/$13,500-Net-8% Cap Rate. 2316_DJW_8003
SOLD 7104 CANBOROUGH ROAD - WEST LINCOLN - $399,900
868 NORFOLK ST S, SIMCOE $349,000
Squeaky clean turn-key 1930 inspired General Store in quaint W. Lincoln hamlet - 20 min/QEW. Incs 2190sf Store/Restaurant w/licensed patio + 1530sf 2 bdrm, 2 bath res. unit. Ftrs 2 ng furnaces, 2 c/a's, steel rf + equip (see sch). Local icon known for fantastic ice cream + home cooked meals. No P&L avail.
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!
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99 MAIN STREET N, HAGERSVILLE $484,900
Rare 4.18ac multi-purp. prop. in Hagersville N. limits - 20/30mns S/ Hamilton, 403 frnt 2.15ac incs renoed vintage 1.5 stry home (circa1900) oozing w/charm. Ftrs orig. hrdwd, nat. stne FP, lrg. fam. rm, poss. in-law, 24x24 garage, 13. rear 2.03 ac, zoned D-Developmental borders new subdivision. Maj. value in land! Investor Dream Property. 2316_DJW_1_0015
LOT ON FIELD ROAD - NANTICOKE $239,900
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.
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!
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Please say you saw it in The Commercial Investor
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Hamilton
8171399_2316
RE/MAX Escarpment Realty Inc Brokerage
marketminded
STABLE TO IMPROVING MARKET FUNDAMENTALS define rapidly evolving North America and U.K. industrial property sector
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regions, the overall sense from across the Avison Young platform is that the hile local, regional industrial sector is in good shape. While traditional manufacturing processes and global economic continue to make up a major portion of the sector, the market is responding to headwinds continue e-commerce and other innovations that are underway with new approaches. to impact commercial property Demand for new types of facilities and well-located sites is top of mind with developers, who are seeing potential renovation or redevelopment value in markets, the industrial sector properties once considered obsolete. The rapid-order-fulfillment phenomenon is is operating in a position of driving both leasing activity and investment sales.” relative strength, evolving “The continued rebound in U.S. fundamentals is a welcome sight; meanwhile, rapidly as owners and occupiers the Canadian market’s diversity appears to be buffering the setback in the alike respond to changing resource sector. In Mexico City, the logistics sector is gaining prominence, while the U.K. markets are seeing similar strong demand for logistics and distribution demand. Traditional buildings space,” says Rose. are being viewed in a different light as they compete with new, According to the report, of the 51 industrial markets surveyed by Avison Young across North America and the U.K., vacancy declined in 38 markets, increased in innovative facilities catering to 12, and remained unchanged in one, during the 12-month period ended March the burgeoning e-commerce, 31, 2016. logistics and distribution sectors. Year-over-year, industrial vacancy rates were lower in 31 of 37 U.S. metropolitan
regions surveyed, while vacancy declined in slightly more than half of the 11 These are some of the key trends noted in Avison Young’s Spring 2016 North America and Canadian markets. In Mexico City, vacancy increased marginally to 7 per cent. U.K. Industrial Market Report, released recently. In the U.K., Coventry and London reported vacancy rates of 6.2 per cent and 3.1 per cent, respectively. London ranks among the 10 tightest industrial markets The report covers the industrial markets in surveyed in the report. 51 North American and U.K. metropolitan “Even with all the noise surrounding economic woes in the oil patch, the regions: Calgary, Edmonton, Halifax, Lethbridge, Montreal, Ottawa, Regina, Toronto, Canadian industrial market has fared very well,” says Bill Argeropoulos, Principal Vancouver, Waterloo Region, Winnipeg, Atlanta, and Practice Leader, Research (Canada) for Avison Young.“Fundamentals remain Austin, Boston, Charleston, Charlotte, Chicago, fairly healthy and the sector continues to operate near full occupancy.” Cleveland, Columbus, OH; Dallas, Denver, Argeropoulos continues: “The contraction in the energy sector has been Detroit, Fort Lauderdale, Greenville, Hartford, countered by demand from other industries – even in traditionally energyHouston, Indianapolis, Las Vegas, Long dependent markets – as increases in distribution, logistics and e-commerce Island, Los Angeles, Miami, Minneapolis, New activity cushion the blow. One cautionary note is that some markets may leave Jersey, Oakland, Orange County, Orlando, themselves open to oversupply in the future if current demand levels do not Philadelphia, Pittsburgh, Raleigh-Durham, continue.” Reno, Sacramento, San Antonio, San Diego He adds: “In the North American context, Canadian markets claimed four of County, San Francisco, San Mateo, Tampa, the 10 lowest vacancy rates, three of the 10 highest average asking net rental Washington, DC; West Palm Beach, Mexico rates and two of the 10 busiest development markets. However, in the rankings City, Coventry, U.K. and London, U.K. for 12-month absorption and new product completions, only Toronto made the “Our industrial market report has grown along continent’s top 10. Although Canada’s showings in these rankings are not as with our company and has expanded this year strong as in recent years, they are not surprising given the improving market to cover 51 markets in four countries, including conditions in the U.S. – which ultimately benefit Canada as well.” additional coverage in the U.S. and U.K., and in Mexico for the first time,” comments Mark E. CANADA: Closing in on 2 billion square feet (bsf) of inventory, Canada’s industrial market finished the first quarter of 2016 with a vacancy rate of 4 Rose, chair and CEO of Avison Young. per cent – down 50 basis points (bps) from the same quarter in 2015. While He continues: “Despite the well-documented regional disparities exist, overall, the market is relatively strong across most of issues being experienced in energy-producing
Canada, thanks to low energy costs and interest rates, and the continued growth of e-commerce – with a resurgent U.S. economy and competitive Canadian dollar fuelling exports. However, headwinds tempering market sentiment include potential further declines in commodity prices and increased currency risk. NOTABLE FIRST-QUARTER 2016 CANADIAN INDUSTRIAL MARKET HIGHLIGHTS: Demand for industrial space is robust, with 12-month absorption totalling almost 25 million square feet (msf) – nearly double the total for the previous 12-month period. Toronto led all markets by a wide margin, followed by Vancouver and Edmonton, as the East outpaced the West. Ten of the 11 Canadian markets surveyed display singledigit vacancy rates (with four markets posting rates below the national average) compared with seven one year earlier. Western markets combined for a modest vacancy increase (+10 bps to 4.2 per cent) during the past year, compared with a decline by Eastern markets (-80 bps to 3.8 per cent). Year-over-year, vacancy declined in five markets and increased in six. Toronto claimed the country’s lowest rate (2.7 per cent), Halifax the highest (11.9 per cent) and greatest swing (+200 bps), while Vancouver (2.8 per cent) showed the biggest improvement (-120 bps). Keeping pace with demand, developers completed almost 16 msf of new industrial product in the past year with threequarters delivered in Toronto, Edmonton and Vancouver. More than 10 msf is under construction – equating to only 0.5 per cent of the existing inventory. Only 12 per cent of this product is preleased, pointing to the speculative nature of development across the country. Toronto and Vancouver account for 75 per cent of the total industrial area under construction. Downward pressure on asking net rental rates, especially in Calgary and Edmonton, and to a lesser extent in Regina, helped lower the national average $0.05 per square foot (psf) yearover-year to $8.04 psf. Despite weakness in the oil patch, the West ($9 psf) maintains a healthy, but narrowing, spread over the East ($6.89 psf). U.S.: Like Canada, the U.S. industrial market registered further strengthening during the past year, and virtually all U.S. markets recorded an increase in rental rates, declining vacancy and pent-up demand for new industrial properties. Developers have responded to this demand. After years of consistent occupancy gains, most markets remain favourable to landlords, achieving higher rental rates and heightened leasing velocity; however, some regions report that leasing activity is inhibited by a lack of available expansion space, ultimately hindering absorption figures. “The outlook for the U.S. industrial sector remains positive after the U.S. had another year of sustained employment growth and lower energy prices. The need for additional industrial development is evidenced by low single-digit vacancy levels
and strong leasing fundamentals across all major industrial cities,” states Earl Webb, Avison Young’s president, U.S. Operations.“The current landlord-favourable conditions are likely to remain through year-end 2016 and into 2017 despite the necessary uptick in construction that’s occurring.” Online retailers and logistics providers remain the primary demand drivers with developers catering to e-commerce fulfillment warehouses as logistics users, including Amazon, compete for distribution locations closer to the consumer. NOTABLE FIRST-QUARTER 2016 U.S. INDUSTRIAL MARKET HIGHLIGHTS: The 10.6-bsf U.S. industrial market ended first-quarter 2016 with an average vacancy rate of 5.9 per cent, and seven of the 37 markets tracked by Avison Young report vacancy of 4 per cent or less. West Coast markets lead the country with the lowest vacancy reported: San Mateo (36 msf / 2 per cent), Orange County (218 msf / 2.2 per cent) and powerhouse Los Angeles (1.4 bsf / 2.6 per cent). Net U.S. absorption for the prior four quarters approached 200 msf, nearly 4 per cent higher than the previous reporting period and an amount roughly equal to 2 per cent of the total inventory. Los Angeles (27.5 msf), Chicago (23.3 msf) and Dallas (19.7 msf) achieved the highest net absorption. Despite a faltering energy market, the rapid growth of e-commerce fulfillment and high-tech manufacturing has been able to backfill demand – and, in many cases, drive vacancy and rental rates to new records. The highest average asking triple net rent in the U.S. was recorded in land-constrained San Francisco ($16.28 psf), and the markets that reported the greatest gains in rent year-over-year were San Mateo (+$3 psf), San Francisco (+$1.74 psf), Los Angeles (+$1.56 psf), Oakland (+$1.44 psf) and Denver (+$0.92 psf). A quality gap between existing buildings and new developments has created pent-up demand for high-quality product. This trend is likely to continue for several years, as industrial developers are often priced out of the rare development sites available in primary markets. Altogether, the U.S. delivered 130 msf in the 12-month period ending March 31, 2016. Another 136 msf is under construction with preleasing levels at 45 per cent. Dallas and Los Angeles each have 20.4 msf underway. In an unusual twist, tight market conditions have led some owners to begin converting office buildings for industrial use (Long Island), while other municipalities have begun enforcing zoning ordinance fines to ensure that limited industrial space is not misappropriated by office tenants (San Francisco). Webb concludes: “U.S. employment growth, demand for modern class A warehouse product with features such as higher ceiling heights and oversized truck bays, and the rise of e-commerce as well as the need to shorten the supply chain should keep this sector flourishing.” For further information visit avisonyoung.com.
GREATER TORONTO AREA
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
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COVERING: Ajax Alliston Bowmanville Bradford Bolton Burlington Brampton Concord, Durham Region
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RONAN REALTY, BROKERAGE Each Office Is Independently Owned & Operated
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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 Great business opportunity! All set up & ready to go, just bring your talent! Nail Salon with 3 pedi-massage chairs, 2 manicure stations, 1 drying station, separate rm for waxing/massage. Sony flat screen tv, cable & all supplies. Next door to Beeton Barber shop w/cut through door for great shared traffic flow. Leasing business is also an option. Contact listing agent to discuss. $49,999 Robin Norcross * 1-877-4354336 2316_DJW_0024
Beautiful, partially cleared building lot, approx. 4.13 acres on a paved road. Minutes to Shelburne & 1/2 hr from Alliston. Mixed bush offers complete privacy. Asking $139,900 Ingrid McNeill* 1-877-435-4336
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DEVELOPMENT LAND FOR SALE in area's fastest growing community on 37.5 acres with potential for 11 Estate Subdivision lots approx. 1 acre each just outside of Tottenham, with easy access to Highways 9, 50, 27 & 400, 20 mins north of Bolton, between Newmarket & Orangeville includes 5500 sq ft 4 bdrm Farmhouse style home w/walkout basement $1,899,900 Cheryl Vienneau* 1-888-936-4216 2316_DJW_0025
Future Development Parcel approx. 6.9 acres located strategically including proposed collector road with the possibility of a number of serviced building lots. $465,000 Marc Ronan*** 1-888-936-4216 Greater Toronto Area
Volume 16 Issue 05
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90 acres sand loam in Central Essa Township, currently planted with trees, long term investment with approx 46% of land leased until 2017 + 1 option. Remainder is workable land. Located near Gillespie Trail Development and Baxter. Minutes to Honda and Barrie. $799,900 Marc Ronan*** or Lorne Downey* 1-888-936-4216
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84.4 acres abutting residential development in area's fastest growing communtiy. Surrounded by existing development with two road stubs to east on Municipal Services. Flat, clear acreage minutes from Honda. Entirely maintenance free clean crop land. Zoned rural, in 2 deeds. Both deeds in land titles absolute. Perfect land banking earn solid crop related income while waiting for this parcel to mature to the development stage. $2,995,000 Marc Ronan*** 1-888-936-4216
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Please say you saw it in The Commercial Investor
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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, Country 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
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Private country estate on 68 acres, unique opportunity to own your own 9 Hole Golf Course, hardwood forest, ponds & equipped Pro Shop, Workshop, ample storage & parking. Have your own private course or continue existing public play. Sprawling raised bungalow with 3+2 bdrms, spacious principal rms, multiple walkouts to manicured lawns. Great setup for extended family or in-laws. Located near growing Town of Beeton, Pride of Ownership. Approx 5 acre irrigation pond, artesian drilled well services house and shop. Fabulous Country setting. $1,395,000 Marc Ronan*** 1-888-936-4216
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Commercial Real Estate & Business Opportunities
Volume 16 Issue 05
SkyViews CONSIDERATIONS WHEN SELLING YOUR APARTMENT BUILDING When it comes to selling your apartment building, there are many things to consider. The most important, however, is which brokerage firm you will choose to represent your interests and generate the right potential buyers. The following is a general guideline for choosing the right brokerage firm for you.
your property, the right brokerage will utilize what is called “target marketing”. Having access to multiple forms of communication, your brokerage should identify the best strategy to reach all buyers in the apartment building industry directly, resulting in you getting the most efficient marketing results.
1) Go with Experience Real Estate markets change from year to year, even from month to month. When dealing with a brokerage, you need to find the delicate balance of experience coupled with the up-to-date understanding of today’s current marketplace and trends. Experience alone will fail to provide you with strategies that will apply to current trends in the industry. On the other hand, a brokerage that lacks experience will not be able to accurately predict and prepare for upcoming trends.
6) Knowing the Buyers Your ideal brokerage is connected not only to you but also to a network of current buyers. When you are ready for your property to be listed, your brokerage should already have contacts with potential buyers and know who would be the right fit for your building.
Greater Toronto Area
2) Look Out for Number One Above all else, the brokerage you choose should look after your interests and work hard knowing that they have your trust, confidence and commitment. Your brokerage should ultimately be looking to serve your needs throughout the process of selling. 3) Take the Right Approach Some brokerages focus on the approach of “Bring Me an Offer”. While multiple offers can be beneficial, finding the right buyer with the right offer is the most crucial element in working with a brokerage. A good brokerage will bring the right people to the table to help you sell your building. 4) Know Your Value Many brokerages waste valuable time and resources hoping to pinpoint the market value for your building. The right brokerage, however, will have the knowledge and experience to provide an accurate opinion of value prior to even listing your building. Knowing what your building is worth will help you get the right return on your investment. 5) Exposure is Key Marketing your property is not just a matter of using one or two forms of communication to blanket the market in hopes of finding potential buyers. To properly market
7) Real Estate Networking Along with knowledge of current buyers, a brokerage should have already established relationships with other companies in the industry - appraisers, environmental and structural inspectors, financial institutions, etc. Having an established network of industry professionals can assist you in bringing your transaction to a quicker close. 8) Beyond the Offer Many real estate transactions fail at the most crucial stage... the due diligence process. Having a brokerage that engages in a thorough due diligence process ensures that your building’s information is verified for the buyer and your transaction closes smoothly and promptly. 9) Get What You Pay For Whether you are paying a low or high commission fee to the brokerage of your choice, you need to be confident in the level of service you received. The right brokerage will be dedicated to providing the ultimate service for the commission fees you pay. The Bottom Line When all is said and done, the most important element in dealing with a brokerage is achieving top dollar for your apartment building. Finding the right brokerage -one that fulfills the above criteria - ensures that you will walk away from your transaction with the confidence that you have received exceptional service, maximum exposure, hassle-free processes, and the financial results you had planned for. 8647857_2316
SKYVIEW REALTY LTD.,Brokerage Apartment Building Sales Tel. (416) 444-6545 E-mail: info@skyviewrealty.com
Fax (416) 444-6997 Website: www.skyviewrealty.com
Please say you saw it in The Commercial Investor
R O
REALTOR
Private Funds for Any Reason Private 1st Mortgages Monthly Payments for every $100,000
to to to to
65% 70% 75% 80%
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5.99% 6.49% 6.99% 7.49%
= = = =
$499.17 $540.83 $582.50 $624.17 Greater Toronto Area
Up Up Up Up
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
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Volume 16 Issue 05
Commercial Real Estate & Business Opportunities
SUMMA PROPERTY MANAGEMENT Professional Property Management & Consulting
We get “TOP MARKS� for Management, Consulting and Renting! Our superior service includes managing multi-unit Residential/Commercial/ Retail/Industrial/Condominium properties. We also offer specialized services to manage and rent condo investments.
647-341-7990
Greater Toronto Area
www.summapm.com
propman@summapm.com 9631442_2116
William Hicks SALES REPRESENTATIVE
Office: 289-288-3256
BurlOak real estate services BrOkerage INDEPENDENTLY OWNED & OPERATED BROKERAGE
WEST GTA Office, industrial, retail williamh@royallepagecommercial.com
FOR LEASE
FOR LEASE
FOR LEASE
FOR LEASE
3,300 sq. ft. of office space, 5 private offices, open concept office. Great space for design company. Tons of natural light.
Quiet office building in central Burlington. 300-2,300 sq. ft. Multiple suites available Gross lease, call William for availability and rates.
2,000 sq. ft. clean industrial space. Close proximity to QEW between Guelph Line and Walkers Line. Gross lease, call William for availability and rates.
Quiet office space. Located in quiet West Burlington with close access to Highway. Gross lease, call William for availability and rates.
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Information provided by owner and is not warranted by Royal LePage Burloak Real Estate Services Brokerage. Subject to change without notice.
Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
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ATTENTION: Investors ATTENTION: Investors & & Developers Developers DEVELOPMENT LAND & RESTAURANT
3 Acres: Oakville already Commercially Zoned E2 for multi use as Medical Center, Offices, Vehicle Storage, Retail with Warehouse, Hotel, Restaurant & many more building permitted uses. Currently has a home and Second driveway for vehicle storage. Do not walk property without appointment.
$2,850,000
$2,400,000
LD O S Newly built on a very busy road going into nearby Collingwood. Fully established and professionally finished with sitting for 40 and soon additional 30 on upper level, LCBO License, all furniture included. Call today for details. 1716_DJW_0022
$950,000 $1,100,000 11308665_2316
Just listed in Downtown St Thomas (15 minutes south of London). This portfolio consists of four fully rented & renovated upper apts & 3200 sq ft of retail/ office space. Gross income is $42,000. Net income is $32,000. This steady performer caps at 8.8%. PRICE $349,900.
INVESTORS/PROFESSIONALS & PARENTS AVAILABLE 2 bedroom condo in downtown London located on the bus route to the University of Western Ontario. This 1368 sq. ft. unit is ideal for an investor or parents wishing to provide a secure & popular building close to many amenities for their sons or daughters while attending university. 2316_DJW_2_0027
ATTENTION INVESTORS Vacant lot available within one block of Downtown St Thomas. This rare opportunity allows a combination of residential & commercial zoning or build your ideal energy efficient duplex, triplex or fourplex. Price is only $69,900.
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COMING SOON 5 Bedroom fully leased & soon to be renovated home within walking distance of Fanshawe College in Northern london. Call me for specific on this property.
Custom built 3 yr old 5 bedroom Executive Two Storey, currently housing Five University of Western Ontario students. Priced at $399,900. Call me for details.
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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.
NELSON CONROY Sales Representative
519-672-9880
nelsonconroy@royallepage.ca
London South - 334 Wellington Road S, N6C 4P6
Please say you saw it in The Commercial Investor
Greater Toronto Area
RESTAURANT/PUB BUILDING & LAND & BUSINESS
trebreport
GTA REALTORS REPORT commercial market figures
T
oronto Real Estate Board President Mark McLean announced that Toronto Real Estate Board Commercial Network Members reported 306,003 square feet of combined industrial, commercial/retail and office space leased through TREB’s MLS System in April 2016. This result was down from 811,123 square feet of space leased in April 2015. Following the historic norm, industrial properties accounted for approximately 70 per cent of the total space leased in April. The office segment accounted for the next largest share followed by the commercial/retail segment.
Average lease rates for properties transacted on a per square foot net basis, where pricing was disclosed, were up for the industrial and office market segments, but down for the commercial/retail segment. Commercial leasing results can be volatile on a month-to-month basis. This
April 2016: Per Square Foot Net Commercial Leasing Summary Lease Transactions completed on a per square foot net basis with pricing disclosed on TorontoMLS
means that changes in average lease rates can be the result of changes in market conditions and compositional shifts in the type and location of properties leased. “There is no doubt that we have experienced some volatility in commercial leasing and sales activity over the past few months. This mirrors the broader Canadian economy. The most recent monthly GDP result released from Statistics Canada represented a decline in economic activity following four consecutive increases. Many businesses may still be in a holding pattern with regard to further real estate investment,” said Mr. McLean. There were 48 combined industrial, commercial/retail and office sales reported in April 2016, where pricing was disclosed. This result was down compared to 72 sales reported for April 2015. Changes in average sale prices on a per square foot net basis varied by market segment and, similar to the leasing market, reflected changes in the type and geography of properties sold along with changes in market conditions.
April 2016: Commercial Sales Completed with Pricing Disclosed on TorontoMLS
Leased Sq. Ft.
Sales (Price Disclosed) Apr 2016
Apr 2015
% Change
Industrial
14
31
-54.8%
-48.3%
Commercial
21
26
-19.2%
56,328
-11.3%
Office
13
15
-13.3%
811,123
-62.3%
Total
48
72
-33.3%
Apr 2016
Apr 2015
% Change
Industrial
212,000
669,589
-68.3%
Commercial
44,062
85,206
Office
49,941
Total
306,003
Avg. Sale Price Per Sq. Ft. (Pricing Disclosed)
Average lease rate Apr 2016
Apr 2015
% Change
Apr 2016
Apr 2015
% Change
Industrial
$5.37
$5.11
5.2%
Industrial
$84.16
$120.74
-30.3%
Commercial
$20.29
$21.32
-4.8%
Commercial
$264.40
$293.57
-9.9%
Office
$13.23
$13.06
1.3%
Office
$308.18
$209.07
-47.4%
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)
9258736_2316
2316_DJW_2_0058
FOR SALE PRESTIGE COMMERCIAL/INDUSTRIAL CONDOMINIUMS 2316_DJW_1_0038
ONLY 2 UNITS LEFT
• 133 Milani Blvd., Vaughan. Immediate occupancy • 85% Sold • Call Lara Tersigni
RETAIL/OFFICE
• From 500 sf and up • 2nd and main floor options available • Close to new Hwy 7 • Subway line • Call Lara Tersigni • MLS# N3484315
• End unit with great exposure on Jevlan Dr. • 4600 sf. • Close to big box stores • Suitable for a variety of retail/ office uses • Call Lara Tersigni.
2316_DJW_0015
2316_DJW_0016
FOR LEASE - VAUGHAN
• 5700 SQ FT • 80% Office 20% Warehouse • 1 TL & D1 shipping! • Great Rates - Low TMI 2316_DJW_0017
•
•
•
D
E AS
LE FOR LEASE • • • • • •
FOR LEASE
1834 sq. ft to 3668 sq. ft. 80% office Drive in door Street extra parking High exposure Immediate access to Hwy 427
• • • • •
2316_DJW_0018
FOR SALE EXCLUSIVE!
Prime Commercial Hwy 7 Hwy 400 & 407 2069 SF in line space Former Hair Salon/Spa Great location. Must see!
FOR SALE • • • • •
Former Restaurant Great exposure Hwy 400/Jane St. 2900 SF fully finished High end space. Many uses
2316_DJW_1_0045
- 40,000 SF Freestanding building Vaughan - 4 TL – 2DI - 24’ clear -- 400 Amp
2316_DJW_1_0046
FOR LEASE • • • • • • •
2554 sq ft office 2nd floor space Great layout Ample parking Great rates Jane/Langstaff MLS# N344185
- Accommodates 2 tenants - Outstanding opportunity & Location
Principals only Please Call Massimo Farina, Broker (416) 409 4630 (905) 660 4949 Please say you saw it in The Commercial Investor
2316_DJW_1_0665
Greater Toronto Area
OFFICE SPACE
38
Volume 16 Issue 05
Commercial Real Estate & Business Opportunities
POWER OF SALE
• Hwy 27 & 7 • Aprx 1500 sq ft @ 4 offices ++ • $1395. Monthly plus HST 2116_DJW_1_0083
• Corner Store • Retail Condo • Fully finished. • Maple
FOR LEASE - $15.00 PER SQ. FT. BRAND NEW BUILDING RD
KEELE ST & MAJOR MACKENZIE DRIVE - VAUGHAN • Retail!!! Exposure!! Lots of parking! Suitable for most retail, office medical uses. Excellent Investment. • Unit #15 - 848 sq ft - Now $299,000 • Unit #20 - 980 sq ft - $368,000 • Unit #21 - 1,156 sq ft - $434,000, Beside prkg lot! • Unit #22 & 23 - 1,849 sq ft - Now $650,000 - A Steal
O RF E HE AN T J RU &
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. Good for Medical Uses, Health Centre, Professional Office, Accountant, Real Estate, Mortgage Business, Law, Education Facility, Car Rental. Possible Purchase.
2116_DJW_0004
FOR SALE • 1000 Sq ft Rent • Total 2100 Sq ft approx. • 50% Rented • Jane & Rutherford • Great for any office and retail
2116_DJW_1_0085
Rene Papa,
Broker
647-300-7363 Cell 905-660-4949 Office Ext. 235
selling99@rogers.com Please say you saw it in The Commercial Investor
11308051_2316
2116_DJW_1_0082
2116_DJW_1_0081
FOR LEASE
S O E D L N SA O C R FO
2116_DJW_1_0084
Greater Toronto Area
11304858_2116
39
Commercial Real Estate & Business Opportunities
AJ Lamba,
Automotive Related
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. $2,250,000. ID#CI4987 Profitable Filipino Restaurant
Place Of Worship
Amazing Industrial Units Located In The Heart of Mississauga. Currently 4 Units Combined And Zoned As One Place of Worship. Over 5600 Sqft of Open Space. No Demising Walls Between Unit 24-27 Can Be Converted Into Separate Units of Approx 1400Sqft Each. 4 Drive In Doors for Easy Access. $1,200,000. ID#CI966 Established Hair Salon
One of A Kind Est. Hair Salon In Prime Location In High Demand Plaza! Turn Key Operation Grossing $9000/Week. Great Lease w/Renewal Option. Owner Operated for 35 Years! Same Loc for 13 Years. Willing to Stay and Transition. 1300Sqft w/10 Stations, 3 Washing Stations, 2 Wrs & 7 Stylist. $120,000. ID#CI6550
Lamba Realty Group Inc., Brokerage
Sales Representative charmainemclaren@gmail.com
Independently Owned and Operated Brokerage
80 Athol St. East Oshawa, Ontario
Meat Processing Plant
Very Rare Opportunity for Buyers to Own Prime Land! Excellent Location Less Than 1 Hr from Heart of GTA! Approx 32 Acres of Agricultural Land w/Huge Frontage. Zoned for Many Uses! Features 4 Bdrm Home Approx 3000Sqft, Holding Barn for 100’s of Livestock & Meat Processing Plant! $900,000. ID#CI5309 Convenience Store
Excellent Opportunity, Established Independent Convenience Store w/Lotto 6/49. Growing Business In High Traffic Area Surrounded by Multiple Apartment Buildings & Schools! Turn Key Operation. Great Potential. Monthly Gross Sales Approx $28,000 - $32,500 + Lottery Sales + ATM! $90,000. ID#CI0295
Convenience Store Franchise
Excellent Opportunity to be Part of the Fast Growing Franchise Business! Convenience Store Located Inside Shell Gas Station in Prime Location! Great Walk-In Traffic! Income from Sales, Lottery Commission + ATM Rental! Mthly Rent $9,746.25 incl (TMI+HST+Property Tax+ Common Area Main).$450,000. ID#CI0705 Established Fabric Store
Location! Location! Location! Great Business Opportunity! Very Busy Area Surrounded by Big Businesses. Huge Place w/Inventory! Monthly Rent $7100 Including TMI & Water. Approximate Monthly Sales $30,000! Lots of Parking Available! All Chattels, Inventory, Shelves & Rack Included. $75,000. ID#CI1310
*Agata Drozdowska; Chris Chartier; Jenny Zhour; Ankit Malhotra; Nicole Yue; Frank Gulati - Salespersons
CHARMaine McLaren
FRANK REAL ESTATE
We have OVERSEAS Buyers
HRS
Broker of Record
Work Less Earn More! 11 Year Established Profitable Filipino Restaurant w/Loyal Clientele In Prime Location w/Great Exposure on Street! No Franchise Fee/ Royalties! Amazing Sales + Very Low Rent $4500 + Utilities. Exceptional Sales From Catering Business. Turn Key Operation. $165,000. ID#CI1090
905 502-9944 24
ETHICS & INTEGRITY above all else...
11294169_2316
*
SAVE $$$ BUYING/SELLING!
"OPPORTUNITY IN ELLIOT LAKE"
TAKE A LOOK AT MOVING YOUR BUSINESS HERE
905-391-9296 Lorraine Jackson
Sales Representative lorrainejackson@royallepage.ca
905-449-3149
“Durham, One of Canada’s Fastest Growing Regions!” 2316_DJW_0054
11308667_2316
Gas Stations • No name gas station • Durham location • Potential for huge growth • Principals only
Vacant Land $325,000 • Located downtown Oshawa • Proposed lodging house • Architects plan included • Attractive income potential • Call for info!! 2316_DJW_0055
Business For Sale • Laundromat $180,000 • Only one in town • Great income • 33 Machines • Wash/fold opportunity • Rent $1500/mth • Call for info • Principals only!
Building With Long Term Tenants • Great Investment Opportunity • Heart of Oshawa • High traffic location • Fully rented • Call for info • Asking $579,000
• Well established retirement town, starting to grow again. • Paris Plaza has space from 800 sq ft to 3000 sq ft. with opportunity to combine for large requirements. • Space for a Former Mini Mart open for 30 years, • Office and retail also available. BROKERAGE
Jane Allison Broker
1-905-734-0558 jgamcleod@gmail.com
Please say you saw it in The Commercial Investor
11304868_2316
Greater Toronto Area
Volume 16 Issue 05
40
Volume 16 Issue 05
Commercial Real Estate & Business Opportunities
#
Commercial Team In Canada! *
Brokerage Independently Owned And Operated ** +
**
www.PBcommercialteam.com ** Sales Person
+
Broker
TORONTO WEST APARTMENT BUILDING
HULLMARK CENTRE OFFICE SPACE C EX
LU
SI
VE
NL Y
LU
VE
PR
IN
CI
PA L
SO
C EX
SI
Attention Investors! A 96 unit, low maintenance apartment building located in a superb West Toronto location. Sitting on over 2 acres this practically runs itself and with rarely any vacancy! $13,250,000
PRIME MISSISSAUGA AUTO LOCATION
OFFICE SPACE! DON MILLS / LAWRENCE
YOUR BUSINESS HERE
Turn-key 4,354 Sq Ft automotive operation in modern high traffic Mississauga Plaza! Previous Goodyear location at busy Dundas/Mavis intersection. Beautiful exterior w/ amazing street exposure! Large reception/sales area, huge garage w/ 19+ft ceilings, large mezzanine, 3 front bay doors & 3 rear bay doors! $23.50/Sq. Ft. Net
• • • • •
Stunning 3383 Sq. Ft. office space in rarely offered, modern class ‘A’ office building at prime ‘Shops At Don Mills’ location! Current medical office w/hundreds of thousands in superb leaseholds. Can be used for any professional use; tons of windows/great views!. $18.95/Sq Ft. Net
WORLDWIDE TROPHY ASSETS!
PRINCIPALS ONLY
Downtown Manhattan skyscraper! Both comm & retail space: $975M Las Vegas, NV casino! 21 floors on approx. 37 acres $475M Brooklyn hotel, popular hotel chain, over 320 rms $169 M Las Vegas, NV hotel / casino over 3,800 rms, 80% complete $470M NY City hotel, 140 rms, 3 star asset, approx. 5% CAP $103M
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
11276658_2316
Greater Toronto Area
Premium office space at Tridel’s new Hullmark Centre at Yonge & Sheppard! Approx. 916 gross Sq. Ft. with floor to ceiling windows overlooking Yonge St. and underground access to two subway lines! For Sale! Call for pricing!
inthenews
GIVING BACK TO THE WORLD IS GOOD FOR BUSINESS, says Sir Richard Branson “Bringing the GCC into the Virgin Pulse family is part of our broader vision to create healthier, more productive workforces. We have already collectively changed the lives of more than 5 million people and together, we aim to improve the lives of millions more.” GCC CEO Tom Sermon said the GCC’s mission was unabashedly about changing lives and said its growth and expansion were proof that socially responsible goals were good for business. “The GCC has grown year-on-year since inception and this year’s event is our biggest in history,” he said. Glenn Riseley, GCC Founder and President (left), Sir Richard Branson (middle) and Tom Sermon, GCC CEO (right). (PRNewsFoto/Global Corporate Challenge (GCC))
I
f you want to succeed in business, there is an increasing need to consider what you have to give back to the world, according to serial entrepreneur and business legend Sir Richard Branson. He believes people are tired of seeing businesses simply focus on making profits and want to spend their money with companies that make the world a better place. Sir Richard Branson was in Australia to launch the Global Corporate Challenge (GCC) -- a 100-day corporate wellbeing experience focused on improving employee health and productivity. The event just kicked off; with almost 400,000 participants from more than 1,500 organizations in 185 countries expected to participate in 2016. It is the first year the event has taken place since GCC joined the Virgin Pulse family in February this year. Virgin Pulse is the leading provider of software solutions designed to engage employees in improving their well-being, build workplace culture, and drive productivity across organizations around the world. Sir Richard Branson said,“I’m excited to be in Australia for the launch of the 2016 GCC. It’s my strong belief that business owners have enormous power to do good and this event has been founded on a desire to change people’s lives for the better.”
“We have always been very ambitious about reaching as many people as possible with this concept and by joining forces with Virgin Pulse, we’ve massively expanded our potential to do that. Over the past 12 years, the GCC has been rolled out in 185 countries worldwide.” “We are absolutely thrilled that together with Virgin Pulse and Sir Richard Branson, we have the opportunity to change the lives of an unprecedented number of people and expand at a pace and scale that we previously could only have dreamed about.” Founder and President of GCC Glenn Riseley said, the secret to the program’s success was not only the positive outcomes but the fact that it’s incredibly entertaining to do. “The GCC was always intended to be about taking people on a journey to better health and wellbeing in a way that’s so fun and engaging, they don’t even notice it’s good for them,” he said. “We knew early on that you can’t bore people into making life changes, it has to be enjoyable so we’ve really focused on that. We’ve helped over 2 million people change their lives for the better over the past 12 years and we are looking forward to seeing that number grow dramatically in the years to come.” “It’s an incredibly rewarding feeling coming to work every day knowing that what we do is going to help people live longer, healthier and happier lives.” The GCC features a 100 Day virtual journey as part of a 12-month program. A second challenge will be held in September for those who missed the May event. With more than 30 years of experience between them, Virgin Pulse and GCC have collectively empowered more than 5 million employees across 6,500 organizations to change their lives, and counting. Find out more at: www.gettheworldmoving.com www.virginpulse.com
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
2015-03-19 3:47 PM
3:47 PM
Volume 16 Issue 05
43
Commercial Real Estate & Business Opportunities
11307671_2316
ATTENTION: & Developers RESTAURANT/PUBInvestors BUILDING & LAND & BUSINESS 3 Acres: Oakville already Commercially Zoned E2 for multi use as Medical Center, Offices, Vehicle Storage, Retail with Warehouse, Hotel, Restaurant & many more building permitted uses. Currently has a home and Second driveway for vehicle storage. Do not walk property without appointment.
$2,850,000
LD O S
$1,100,000 $2,400,000
1716_DJW_0073
Newly built on a very busy road going into nearby Collingwood. Fully established and professionally finished with sitting for 40 and soon additional 30 on upper level, LCBO License, all furniture included. Call $950,000 today for details. $1,100,000
Central Ontario
Sales Representative bill-byers@coldwellbanker.ca
TEMISKAMING REALTY LTD.,
RESTAURANT Turn key set up, good condition & high traffic location on Hwy #11 in Latchford. Lots of parking, only restaurant in the area. Asking only $79,900. MLS 153116.
2316_DJW_0012
COBALT Large solid block 4739 sq' building downtown. Former Grocery Store, recently used for storage by Mining Company. Many possible uses here. Asking only $64,900. MLS 152021
GAS STATION Large Commercial Building 4285 sq' on the main Street in Elk Lake (Hwy # 65 & 560) across from the Montreal River. Vacant, former gas station, restaurant, repair shop with hoist & owners apartment (not finished). Asking $159,900. MLS 152302
Please say you saw it in The Commercial Investor
2316_DJW_1_0142
WATERFRONT 168 acres on the beautiful Montreal River at Elk Lake. Just North of town makes this an excellent property to build on or develop. Mineral rights are included. Asking $179,900. MLS 153289.
N E $2 W 19 PR ,9 IC 00 E
2316_DJW_1_0040 2316_DJW_1_0018
LCBO & GAS BAR Great turn key business on Hwy #65 West, in Kenabeek. Includes Gas & Diesel, Variety Store, LCBO, Lotto, Bottle return, Post Office, large 5 bedroom apartment, garage all on 1.47 acres. Lots of potential here for variety of uses with no zoning. Asking $249,900. MLS 152104
2316_DJW_3_0033
New Liskeard, Northern Ontario
2316_DJW_1_0041
www.temiskamingrealty.com 1-866-557-1110 705-647-1110
BROKERAGE
N E $7 W 9, PR 90 IC 0 E
8313781_2316
Bill Byers
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 $219,900. MLS 153288
investorinsights
Investors getting schooled on student-oriented rental condos
By Andrew la Fleur
S
tudent-oriented rental condos are booming. Should you consider adding one to your portfolio?
I’m getting more and more requests these days from my clients for student-oriented investment opportunities. The fact is that student rental condos are very hot right now. Projects like University Suites in Kingston (Queen’s University), The Academy Condos in Scarborough (University of Toronto Scarborough Campus) and more recently Grid Condos in Toronto (Ryerson) were among the best-selling condos in the country, and many of my investor clients took advantage of these opportunities. FOUR REASONS WHY INVESTING IN STUDENT RENTAL CONDOS HAS NEVER BEEN MORE POPULAR: 1. Student housing can provide great monthly cash flow. Students are more inclined to share space and therefore, as a landlord, you can charge by the room instead of by the size or the unit type.
THE FUTURE OF STUDENT HOUSING
2. Student housing gives you a very predictable and
The old stereotype of student housing being dilapidated old houses with six to
steady rental pool — especially if your property
eight students sharing four bedrooms and one shower is slowly going away, as
is located in close proximity to a major university
students are more discerning and are paying more than ever for their education.
campus. 3. Students actually make very good tenants from a rental payment standpoint because oftentimes it’s not the student who is paying the rent — it’s mom and dad. And mom and dad are increasingly wealthy, and want to put their children in the best possible environment for success. 4. Higher education is a booming industry in Canada. University enrollments are up exponentially over the last decade and they continue to grow every year. Demand for student
Just like anyone else, students prefer to live in beautiful spaces that are clean and modern, with great amenities and located as close as possible from where they need to be every day — their school campus. Upon graduation, students are entering a marketplace more competitive than ever before and having just an undergraduate degree is no longer good enough to get a good job. As a result, graduate schools are seeing huge growth too, as students are staying in school longer and longer. This is why student-oriented rental condos are so popular. They address the growing need for high-end accommodation for the discerning student looking for every advantage they can get, and this is why every condo investor should consider adding this product type to their portfolio.
housing is far exceeding the current supply in cities across Canada, and the current housing stock in most University areas is aging and woefully inadequate. Student rental condos are filling in this gap.
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
New
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Lindsay Peterborough Port Hope Bowmanville
EASTERN ONTARIO
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
2015-03-19 3:47 PM
46 inthenews
Volume 16 Issue 05
Commercial Real Estate & Business Opportunities
COMMERCIAL REAL ESTATE INDUSTRY COALITION TO INFORM COUNCILLORS ON IMPACT OF NEW TAXES
A
coalition of prominent real estate industry groups has formed to participate in the City of Toronto’s revenue tools conversation and evaluate upcoming proposals based on their impact on the City’s economic competitiveness. The Commercial Real Estate Industry Coalition is being organized by the Real Property Association of Canada (REALpac), the Building Owners and Managers Association Toronto (BOMA Toronto), NAIOP Greater Toronto, the International Council of Shopping Centres (ICSC), the Building Industry and Land Development Association (BILD) and the Toronto Financial District BIA.
SOURCE Real Property Association of Canada
11236626_2316
“Our industry believes that the city should not try to solve a short-term problem with a long-term solution,” says Michael Brooks, CEO of REALpac.“The City’s own financial modelling shows the existing budget gap is most predominant in 2017 and 2018. Reasonable and broad-based funding can be realized within the existing revenue toolbox without the need to introduce more funding mechanisms.”
residential tax ratio. The primary lens we use to evaluate revenue tools is whether or not they contribute to the economic competitiveness of our city,” says Brooks.“Toronto’s commercial properties are already overburdened and businesses in Toronto are already paying significantly higher taxes than they would be if they were located in any of the surrounding 905 municipalities. This is not sustainable, and we need to be especially vigilant of double-taxing businesses for services they’re already paying for. That’s how we lose businesses to other tax jurisdictions.”
Steven Georgiou SALES REPRESENTATIVE
Cell: (613) 391-1558 BROKERAGE
Phone: 613.966.9400
Eastern Ontario
The Commercial Real Estate Industry Coalition will participate as a stakeholder group in the City of Toronto’s consultations toward review of new revenue tools. The coalition’s goal will be to ensure any analysis of revenue tools includes a heavy focus on jobs and employment impact. An additional focus of the coalition will be on “inside of government” strategies and ensuring that known efficiencies have been fully studied and pursued prior to adopting new revenue tools. This includes asset optimization, fee-for-service models, integration of long-term financial planning and prevention of further capital commitments beyond budget. The Coalition contends that potential new revenue tools runs counter to Council’s earlier determined goals of improving economic competitiveness through incremental reductions in the commercial-
sgeorgiou@exitrealtygroup.ca www.exitrealtygroup.ca www.stevengeorgiou.com
$579,900
'Chit Chat Cafe and Corner Market', Real Estate and Business for sale. Restaurant and convenience store comes with a Fried Chicken franchise. Large corner lot, 3000 square foot building with potential for 3 lower walkout apartments, with 1 unit completed and rented for $850 per month plus room for a loft apartment. High traffic area and gateway to Hay Bay. Potential for growth. Location is also a U-Haul dealer which is fully transferable. MLS #451130351 2316_DJW_0034
$209,900
Two 2 Bedroom Units, Separate gas and hydro meters. Solid brick home, updated wiring, plumbing, roof also to be done. Also has an unfinished 3rd level space. MLS #404670027
2316_DJW_0035
$200,000
Six bedroom house with a 1650 sq/ft warehouse/shop. Workshop is currently owner occupied but could be leased out for additional income. Parking lot in front of workshop as well as a storage lot and shed out back. See Realtor's website for more info. MLS #QR21506888. 2316_DJW_0036
Please say you saw it in The Commercial Investor
Volume 16 Issue 05
47
Commercial Real Estate & Business Opportunities
“Your Commercial Connection in Eastern Ontario!”
jamie@ekortrealty.com
www.ekortrealty.com 8305397_2316
MUST SELL
EXCELLENT LOCATION
2316_DJW_2_0064
2316_DJW_0045
REDUCED TO $1.4M
• 4 acres • Currently 41 unit motel • Under receivership, make an offer
www.parkmoteltrenton.com ASKING PRICE 1.4 MILLION
MULTIRES
• 1/2 acre fully paved lot • Bldg. is approximately 5,000 sq. ft. • Property is zoned for many uses
ASKING PRICE $468,000
TRENTON INCOME PROPERTY
MEDICAL BUILDING
• Located 1.5 hours east of Toronto • 401 frontage • 5.6 acres
2316_DJW_1_0177
2316_DJW_2_0067
2316_DJW_1_0066
REDUCED
• • • •
• 56,500 sf fully leased • 3 industrially tenants • Fully fenced yard
For more information go to www.10douglas.com ASKING $2,450,000 RETIREMENT HOME
PRIME DEVELOPMENT SITE
NEW PRICE
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 $2.9M
RESTAURANT/APARTMENTS
• 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
• • • •
Includes all restaurant equipment (as-is) Restaurant not operating Retrofit up to 6 residential units (now vacant) Residential floors have not been occupied for 12 yrs.
www.stirlingtowers.com ASKING $1.675 MILLION
www.emeraldhill.ca ASKING PRICE $895,000
www.chinagate.ca ASKING $395,000!!!
116 UNIT SITE
INVESTMENT PROPERTY
INVESTMENT PROPERTY ED
ED
C DU
2316_DJW_1_0115
2316_DJW_1_0102
RE
• Approximately 9.5 acres • Site plan Includes 10 storey 116 unit high rise, 65 residential townhouses, & 6 residential lots • Prime location close to neighbourhood plaza, schools and churches
• 5 commercial tenants • 6 residential units • Annual income approx. $98,000 •
www.138leland.com ASKING PRICE1.9 MILLION
www.104dundas.com ASKING PRICE: $675,000 Please say you saw it in The Commercial Investor
2316_DJW_1_0103
C DU
• • • •
RE
2 commercial tenants 2 residential tenants Separate metres Fully occupied
www.44king.com ASKING PRICE: $275,000
Eastern Ontario
• Currently 20 beds • Site plan for 20 additional beds • Located in downtown core
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NEW
NIAGARA
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
NIAGARA SECTION COVERING: Niagara Falls Niagara-on-theLake St. Catharines Thorold
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
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Volume 16 Issue 05
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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
PRESTIGE INDUSTRIAL
2433 REGIONAL RD. 69, LINCOLN
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5700 STANLEY AVE., NIAGARA FALLS
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340A LAKESHORE RD. ST. CATHARINES
INVESTMENT OPPORTUNITY NIAGARA MOTEL 6
VINEMOUNT RIDGE VINEYARD
61 & 63 LAKEPORT RD. ST. CATHARINES
4680 THOROLD TOWNLINE RD. NIAGARA FALLS
5762 STANLEY AVE. NIAGARA FALLS
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BEACHWOOD GOLF & COUNTRY CLUB
A UNIQUE OPPORTUNITY Zoned C2-10 Community Commercial. Located on Lakeport Road off of Ontario Street at the entrance of historic Port Dalhousie. Situated directly on the water across from the Royal Canadian Henley Regatta, 3 parcels totalling 1.85 acres. Contact Greg Chew, Sales Representative greg.chew@colliers.com
143.9 acres, 18 hole Par 72 Championship golf course established in 1960, large clubhouse w/retail pro shop, restaurant w/3 banquet rooms and a house at the entrance way. Fully licenced clubhouse serves 187 patrons inside/89 outside. Zoning: Open Space (OS), Hazard Land (HL) and Agricultural (A). OFFERED AT $2,995,000 Contact: Mark Steven, Sales Representative mark.stevens@colliers.com
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Located in the prime tourist hub of Niagara Falls, 132 rooms, 6 floors, 160,000 sq ft on 1.22 acres, Indoor pool, and multiple amenities. Opportunity for future growth OFFERED AT $10,500,000 Contact Greg Chew, Sales Representative greg.chew@colliers.com
60. 18 acres situated on the ridge of the Niagara Escarpment w/50 acres planted Baco Noir. Recently renovated 5 bedroom home w/woodstove, fireplace, hot tub, landscaped deck, in-ground pool, in-law suite (or Bed & Breakfast). 2Bdrms & Horse Paddock. OFFERED AT $2,400,000 Contact Greg Chew, Sales Representative greg.chew@colliers.com
2316_DJW_0063
Situated on Lakeshore Road in the north end of the City. Commercial & Industrial zoned property incl. 111,250 sq ft w/3 separate Shop Bays, frontage access via Seaway Haulage Rd. Lot size 17.64 acres +/-, E2 zoning OFFERED AT $8,500,000 Contact Ralph Roselli, Sales Representative ralph.roselli@colliers.com
FREE STANDING BUILDING Former location for Discount Rental Agency, 500 sq ft building with fenced compound, parking 45 vehicles, great signage at property front. Lot size: 45.91 feet x 144 feet. Zoning GC - General Commercial OFFERED AT: $320,000 Contact Bryan Saelens, Sales Rep bryan.saelens@colliers.com
201 MERRITT ST. ST. CATHARINES
MIXED-USE INDUSTRIAL BUILDING INCOME PROPERTY
Commercial building & detached house may be sold separately. 53 Regent St: 1,628 sq ft beautifully refinished home with basement and large side yard 214-218 King St: 11,595 sq ft ground floor commercial retail on King Street w/2 additional commercial units at rear. 2nd floor consists of 2-2 bedroom residential apartment units. OFFERED AT $349,000 to $499,000 Contact Greg Chew, Sales Representative greg.chew@colliers.com
BROKERAGE APPRAISALS MANAGEMENT
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: $669,000 Contact: Ralph Roselli, Sales Representative ralph.roselli@colliers.com
Accelerating success. Global leadership in real estate solutions.
Please say you saw it in The Commercial Investor
11306014_2316
Niagara Peninsula
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2316_DJW_0065 2316_DJW_0066
53 REGENT ST., WELLAND
moneysense
LATEST CMHC REPORT SHOWS CONDOMINIUM INVESTORS ARE IN IT FOR THE LONG HAUL
C
ondominium investors in Vancouver and Toronto display stable characteristics over time. Most are small-scale investors that own only one secondary unit, nearly one-half purchased their last secondary unit for rental income and most expect to own their investment property for more than five years, according to Canada Mortgage and Housing Corporation (CMHC) 2015 Condominium Owners Survey (COS) released recently. The annual report, focused on the Vancouver and Toronto Census Metropolitan Areas (CMAs), includes survey insights on what motivates condo purchases, how long owners hold onto their units, and the mortgage-financing profile of condominium owners whose primary dwelling is a freehold or condominium unit but who also own at least one secondary condominium unit. These households are referred to in the report as COS investors. REPORT HIGHLIGHTS • Results are very stable over surveys. • Nearly one-half of COS investors purchased their last secondary unit for rental income. • About 60 per cent plan to hold onto their last purchases unit for more than
five years versus eight per cent planning to sell their unit in less than two years. • Nearly three quarters have only one unit and roughly 90 per cent do not plan on buying new units in year following the survey. • 56 per cent expect their units to appreciate, 35 per cent do not expect a significant change and 5 per cent anticipate a decrease in value. • The share of COS investors with a mortgage on their last purchased unit (at the time of the survey) stood at 53 per cent. This is slightly below the share reported for all home owners (59 per cent) in Statistics Canada’s 2011 National Household Survey. • The surveys of Toronto and Vancouver produced similar results. However, a larger share of respondents in Toronto expect the value of their units to increase than in Vancouver, but the gap is closing. COS investors, as defined by CMHC, exclude households that own only one condominium unit in which they reside, as well as households that own a secondary unit but rent their primary residence. The complete COS report is available at www.cmhc-schl.gc.ca As Canada’s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers objective housing research and information to Canadian governments, consumers and the housing industry.
Volume 16 Issue 05
51
Commercial Real Estate & Business Opportunities
Paul Sipos GROUP
Sales Representative
Email: psipos1@cogeco.ca
®
SUTTON GROUP SKYWAY REALTY INC., BROKERAGE
www.paulsipos.com
905.646.9001
ASSISTED HOUSING 36 ROSEMOUNT AVENUE, PORT COLBORNE ASKING $1,450,000
Licensed Full-Time since 1986 Member of the “National Commercial Council of the Canadian Real Estate Association”, and “Commercial Council of Niagara”.
ASSISTED HOUSING 803 KING STREET, PORT COLBORNE ASKING $1,300,000
Superb opportunity to own this unqiue Assisted housing facility. This 22 (private and semi private suites 28 beds) boasts 17 contained ensuite bathrooms. Complimented with a larger dining room and kitchen facility. This dynamic property is well maintained and located on approximately 1 acre of land and Contact Paul for details and purchasing within a short walk t the shores of options. Check out my website for further Lake Erie. Owned by one of information at www.paulsipos.com Niagara's premier assisted housing 4915_DJW_3_0084 companies. Turnkey operation.
Dynamic opportunity to purchase this ongoing Assisted well maintained housing facility in a great area of Port Colborne. This 27 bed facility boasts a variety of private and semi-private suites (some units with ensuite bathrooms). Kitchen, laundry and spacious dining facilities. Boasting a large detached garage with ample storage and maintenance warehouse. Strategically Contact Paul for details and purchasing located near the downtown and next to options. Check out my website for further the sights of the Welland Canal. Large information at www.paulsipos.com exterior deck. Turnkey operation with 4915_DJW_4_0085 purchasing options.
281 WELLAND ST., PORT COLBORNE $28,500
17 CLARK ST., PORT COLBORNE $24,700
Great location for this large lot. Zoned highway commercial. Many uses.
Great area for this vacant lot! Close to the canal and next to residential dwellings.
Open to offers. Flexible Terms
VACANT LOT
Contact Paul for details and purchasing options. Check out my website for further information at www.paulsipos.com
Contact Paul Sipos @ psipos1@cogeco.ca
Open to offers. Flexible Terms
VACANT LOT
Contact Paul for details and purchasing options. Check out my website for further information at www.paulsipos.com
4915_DJW_1_0113
4915_DJW_2_0112
Please say you saw it in The Commercial Investor
Contact Paul Sipos @ psipos1@cogeco.ca for a list of uses.
Niagara Peninsula
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Commercial Real Estate & Business Opportunities 11277217_2316
Greg Howe Sales Representative
905-935-6838 gamhowe@sympatico.ca
Niagara Region 905-358-9800 | 1-877-357-7346 5915 CLARK ST; NIAGARA FALLS EMPRESS INN & SUITES $4.5 MILLION 80 completely renovated rooms with restaurant and conference hall. Almost $1 million in annual gross revenue. Located right around the corner from Clifton Hill business district. Only 30% down payment to qualified buyer. 1716_DJW_0018
Volume 16 Issue 05
VIEW OUR MAGAZINES ON ANY
DIGITAL DEVICE anytime, anywhere! Published by
5345 SLATER AVE & 5302 STAMFORD ST NIAGARA FALLS $699,000 EXCLUSIVE LISTING
FOR BUYERS ONLY
Motel/Lodge consisting of 12 refurbished rooms with a main house Managers suite with living quarters, all surrounded by an abundance of flowers and greenery. Great return on Investment. Ideal for family run business. Minutes walk to Falls & Casinos. 1716_DJW_1_0026
8627 LUNDY'S LANE, NIAGARA FALLS "A-1 STAR INN" $1.2 MILLION 27 rooms newly renovated (over $700,000 in upgrades), $180,000 in gross yearly revenue, low taxes, huge property with room to develop, only 30% down payment to qualified buyer.
FOR BUYERS ONLY
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WANTED: APARTMENTS 20 units and up anywhere in the GTA, Oshawa, Niagara or London area. Also have 7 more Motels for sale priced up to $12.5 Million.
Now you can view all Commercial Investor magazines online using any smartphone, tablet or desktop device.
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Prime New Construction Retail & Office Space
For Lease
Vine and Carlton St. Catharines
1-888-984-8716
Brokers Protected
Sedimar Developments Ltd. Please say you saw it in The Commercial Investor
11307613_2116
Niagara Peninsula 1716_DJW_8003
Volume 16 Issue 05
inthenews
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Commercial Real Estate & Business Opportunities
CFIB BACKS NDP BILL TO ALLOW SMALL BUSINESSES TO BE PASSED ON TO NEXT GENERATION
NDP MP Guy Caron’s bill proposes amendments to the Income Tax Act that will ease the tax burden on business owners seeking to pass their business on to their children or grandchildren. Under the current system, it is easier to sell to a third party than it is a family member. “Many small business owners are telling us that tax rules discourage them from passing on their firm to their children and encourage selling to a stranger,” said Dan
Kelly, president of the Canadian Federation of Independent Business (CFIB).“Mr. Caron’s bill addresses this unfairness and will help small business owners ensure their firm remains locally owned, creating and protecting local jobs. CFIB commends Mr. Caron and the NDP for their leadership on this important policy.” Only half of small business owners have a planned succession, and of those, 76 per cent plan to exit their businesses in the next 10 years. Passing Mr. Caron’s bill would be a positive step forward for Canada’s small businesses. CFIB has long supported such legislation, including a Private Member’s Bill introduced by Liberal MP Emmanuel Dubourg in the last Parliament. CFIB is Canada’s largest association of small- and mediumsized businesses with 109,000 members across every sector and region.
905-641-1110 cell: 289-241-6954
tripodi@sympatico.ca Independently Owned & Operated
Broker
INDUSTRIAL * COMMERCIAL * INVESTMENT
ST. CATHARINES
NIAGARA-ON-THE-LAKE
Well established restaurant and bar, located in an established business area in the city. Family operated with large seating and licensed area. Asking $179,000 or best offer, all inclusive. Owner retiring.
Restaurant and bar located on one of the main streets of the city and exposed to all incoming traffic. Breakfast, lunch and dining room areas, all LLBO licensed. Paved parking. Listed at $399,000. Take advantage of the tourism season coming up.
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CATERING BUSINESS
COMMERCIAL BUILDING
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.
Close to new developing area of the city on Ontario Street. Main floor commercial, 2nd floor residential, plus full basement. Large parking lot. Run your business and live in or rent the apartment out. Listed at only $339,000.
2316_DJW_0052
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Please say you saw it in The Commercial Investor
Niagara Peninsula
Garden City Realty Inc., Brokerage
Tony Tripodi
10331793_2316
A
new private member’s bill promises to address a significant and costly flaw in Canada’s succession planning rules and would save Canadian small business owners hundreds of thousands of dollars when transferring their business to a family member.
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
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Commercial Real Estate & Business Opportunities
Pro Funds Mortgages, Valour Capital and the Security of Mortgage Investing Many investors have recently been introduced to the desirable investment vehicle of private mortgage investing. Despite its recent climb in popularity, mortgage investing has been in existence for decades. The general public was led to believe for years that this form of investing was only available to wealthy and sophisticated investors, however that is not the case. The utilization of syndicated mortgages - a mortgage where a group of investors contribute to the total mortgage amount (as opposed to one individual lending the entire amount) - has allowed people at all financial stages (whether they are just starting out or retiring) to participate in this investment vehicle. As an investor, you should understand that choosing the appropriate company to work with to assist in deploying your capital is critical to your success. Recently, the mortgage realm has been taken by storm with an inundation of new companies offering mortgage investment products. Unfortunately some of these mortgage providers have tarnished the industry with a negative stigma when in reality mortgage investing is extremely lucrative and secure when structured and facilitated correctly.
Not all companies are alike. Not all syndicated mortgages are the same! Pro Funds Mortgages Pro Funds Mortgages is a boutique business in the industry that provides mortgage services in residential, multi residential, commercial, construction and development properties with both institutional bank lenders and private lenders. Pro Funds works hard to guide clients towards the best-suited investment vehicle based on their specific needs and financial objectives, which can include active investments in real estate, passive investments in mortgages or a combination of both. Pro Funds Mortgages has a highly successful track record of facilitating private mortgage investments. Investors are able to leverage existing equity in their home, cash, or registered funds to participate in these investments. A mortgage investment offers security to the investor because all invested funds are registered as a mortgage by a lawyer on title of the property. The real estate is your collateral and therefore, it can be sold to realize on your investment in the case of a default. As an investor, it is important to understand that the loan to value ratio on a property is a critical factor in determining the level of security on an investment. Loan to value represents the ratio of debt registered on the property in comparison to the value of the property (Loan to value = total debt / total real estate value). If the property you are investing in is over-leveraged, or over 100% loan to value, than you as investor may be in a challenged situation to recoup your full investment if a default occurs. The loan to value should be at a maximum, 90% or under in order to protect your investment. As a general rule, the lower the loan to value, the greater your security is because there is a larger “buffer” of equity behind your debt to protect your investment. The mortgage investment offerings at Pro Funds are a combination of Individual Mortgages and Project Mortgages. Individual Mortgages are typically a first or second mortgage that can be a registered mortgage for a single borrower on a single-family home, condominium, apartment building or commercial building.Total returns typically range between 7-14% per year, and are 1-2 years in duration. Project Mortgages on the other hand, are construction and development mortgage investments that range between 1216% per year and are 1-3 years in duration. Please note that our returns are fixed, meaning that interest and lender bonuses are not contingent on success of a project or the attainment of a certain profit threshold, they are contractual rates of return. These investments are more complex and therefore require intensive expertise and knowledge to facilitate. If handled and assessed professionally, they can be a very safe and lucrative investment placement.
Valour Capital
The experience of Valour’s team in the areas of real estate, business operations and development has enabled the company to offer its investors a comprehensive due diligence model and a syndicated mortgage investment opportunity. Valour has created the opportunity for investors of all skill level, experience and portfolio size to invest in high quality construction and development projects. 9649286_2316
Please say you saw it in The Commercial Investor
Business Investor
Noticing the need for project evaluation and due diligence, Pro Funds proudly launched its sister company Valour Capital, in 2013. Valour Capital specializes in sourcing, capitalizing and managing real estate projects to generate effective investment returns for our investor partners. In conjunction with Pro Funds, they’ve done exactly that.
56
Commercial Real Estate & Business Opportunities
Volume 16 Issue 05
Your Real Estate & Mortgage Investment Specialists 1.888.330.3866
info@profunds.ca
www.profunds.ca
A major component of Valour`s thorough due diligence process requires a qualified in house team to evaluate the proposed development from a feasibility standpoint. Most importantly, the team validates valuations of the real estate development. It isfeature very important to have a completed appraisalinvolvement report to verify property values on an “asofis”a (the value of Another key of Valour`s approach is its in-depth throughout the execution project. the land today) and “on complete” basis for all development proposals. Ensuring a conservative and realistic property Valour by Management Inc. will contribute addedwhen partner to help builders/developers achieve theand valuation a third party, certified appraiserasisaavalue necessity determining project feasibility, profitability, accurate loan to value ratios. successful completion of a project. A component of this partnership entails closely monitoring the
progression of each project throughout a development timeline. Valour Capital will perform regular site
Once the due diligence process has been completed and a real estate proposal has been approved, Valour Capital will inspections to verify work has been completed onknown the subject project, and will manage the (MIO). releaseThe of funds work up a real estate development/management plan as a Mortgage Investment Offering MIO is a comprehensive investment package created specifically for investors. This report will cover the full outline of a project to the builder and trades as required. This allows for heightened control of where and when money is so that investors can make an informed decision on their investment. The Valour Capital team works diligently to provide released to theplacements development, and therefore maintains the loan valuetoratio within a desired secure investment for investors with full transparency and to access all third party reports.range. Valour
and Pro Funds also play a large role in the design, marketing, sales, and/or lease-up of investment projects
Another featurean of additional Valour’s approach its in-depth involvement throughout thecompanies execution of project.the Valour whichkey provides layer of is comfort to investors knowing that both area driving Management Inc. will contribute as a value added partner to help builders/developers achieve the successful completion up to of and the entails deemed exit. It has become very apparent that having regular a of aprojects project. forward A component thisincluding partnership closely monitoring the progression of each project athroughout development Valour Capital will performproject regularhas sitemitigated inspections verify work has completed and activetimeline. role throughout a development risktofor investors and been has allowed for on an the subject project,project and will manage the of funds to the builder and trades as required. This allows for heightened expedited completion forrelease our builder partners. control of where and when money is released to the development, and therefore maintains the loan to value ratio within a desired range. Valour and Pro Funds also play a large role in the design, marketing, sales, and/or lease-up of investment projects which provides factor an additional layer with of comfort to to investors knowingprojects, that bothiscompanies are driving the projects Another important to consider respect development that Pro Funds does not rely forward up to and including the deemed exit. It has become very apparent that having a regular and active role throughout on a vast distribution channel of referral agents in order to fund our investments. This is beneficial to a development project has mitigated risk for investors and has allowed for an expedited project completion for ourthe builder builder and the investor because by mitigating substantial referral agent fees, the project does not have to partners.
incur large upfront costs and the investor can receive the full and fair market return, as opposed to splitting
Another important factor to consider with respect to development projects, is that Pro Funds does not rely on a vast the investor’s return with referral and therefore reducing This the investor’s return the project. There distribution channel of referral agents inagents order to fund our investments. is beneficial to theinbuilder and the investor because by mitigating referral agent does nota have incur large upfrontagents, costs and are times when Prosubstantial Funds Mortgages worksfees, with the andproject compensates smalltonumber of referral but the investor the full and fairout market return, as opposed to splitting investor’s return Pro with Funds’ referralfees agents thesecan feesreceive are actually supplied of compensation that is paid to Prothe Funds. By reducing and therefore reducing the investor’s return in the project. There are times when Pro Funds Mortgages works with and instead of aadding additional referralagents, fees tobut thethese project, ensure that we not over leveraging compensates small number of referral feeswe arecan actually supplied outare of compensation that is the paid to Proreal Funds. By reducing Pro Funds’ fees instead of adding additional referral fees to the project, we can ensure estate asset and therefore can provide a more secure environment for the investors and the builder.that we are not over leveraging the real estate asset and therefore can provide a more secure environment for the investors and the builder.
It is apparent that a well-organized and effective system is required to screen, fund and monitor mortgage
It isinvestments apparent that in a well-organized and effective is required tobetween screen, fund andCapital monitor and mortgage investments order to achieve success-system the partnership Valour Pro Funds has in order to achieve success - the partnership between Valour Capital and Pro Funds has provided that system.
provided that system.
Therefore, before you make a decision to invest, do your own due diligence on who you decide to work with. Mortgage investing has before been ayou great investment vehicle for decades and due continues to be brilliant avenue individuals Therefore, make a decision to invest, do your own diligence on awho you decide tofor work with. to earn high yielding returns with security on real estate. This is much more secure than so many other investment Mortgage investing has been a great investment vehicle for decades and continues to be a brilliant vehicles on the market today. Find a company to work with that cares about you as an investor, and works with those bestavenue interestsfor in individuals mind. to earn high yielding returns with security on real estate. This is much more
secure than so many other investment vehicles on the market today. Find a company to work with that cares about you as an investor, and works with those best interests in mind. Sincerely,
Business Investor
Carmen Campagnaro 11289457_1716 11289457_1716
Please| say youSouth saw it inService The Commercial Pro Funds Mortgages #12051 3410 Rd. SuiteInvestor G5, Burlington, Ontario L7N 3T2
H
A
M
I
L
T
O
N
Mazhar Roshan Sales Representative
HomeLife Professionals Realty Inc.
Direct GTA Direct Office
mazharroshan@sympatico.ca
BROKERAGE
I have qualified buyers for up to $5M in commercial and investment buyers. Call for details. PLAZA FOR SALE
VACANT LAND $3,500,000
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. 2116_DJW_0006
8148414_2116
905.929.9800 647.609.9463 905.574.6400
Rare find Commercial Plaza with anchor tenant Royal Bank. Net income is 102K offered at 6.9% cap rate. Call for more information. 2116_DJW_3_0085
SALVAGE & WRECKING YARD - $899,000
AVAILABLE FOR LEASE
DINER
EXPY LAKE
LVD
RE B
SHO
E
T ON S
ARDS
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. 2116_DJW_1_0041 2116_DJW_1_0018 2116_DJW_1_0017
BURLINGTON BUSINESS FOR SALE - $59,900
EAST HAMILTON
Located on Mountainside in Burlington. Business operates six days a week. 2116_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.
AY E S QU
LAKE ONTARIO
12:17 PM
BUSINESS FOR SALE - $179,900
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2116_DJW_1_0019
HAMILTON $249,900
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 lease and real money making business.
THIS SPACE WAITING FOR YOUR AD!
Long established Pizza and Wings business. Doing over 50000 sales per month, low rent and long lease, real money making business. Close to all amenities, schools and bus route. Good for big family or business oriented individual.
BUSINESS FOR SALE
BURLINGTON - $74,900
FOR LEASE STONEY CREEK - $2,200,00 P/M
Desirable location close to McMaster, Columbia College, high school and student residential area. Doing over 5000 per week in sales and growing on daily basis. Well equipped middle eastern restaurant. Ideal for family or business, minded person. Reasonable rent and lease.
Great location downtown Burlington franchise business doing 25K per month. Good for family, turn key operation. Training will be provided. Low royalty and easy to operate, buyer to pay transfer fee, for more details call LBO.
Newly constructed commercial unit, 1100 sq ft with high basement (extra sq ft). Good for retail, office or commercial uses. Close to Hwy, Shopping, Parks and on bus route.
2116_DJW_1_0013
R TO ED $9 UCE 5, D 00 0
2116_DJW_1_0061
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legallyspeaking
WHAT IS A MINUTE BOOK and why do I need one? By Jayson Schwarz LL.M and Evonne Finnegan LLB
M
ost people operating businesses reach the point where they need to incorporate for a variety of reasons. Once the corporation is incorporated, whether federally or provincially, you need to keep certain records. These are evidence of the activities of the corporation and are usually subject to government review and audit to ensure you are in compliance. The book that this information is kept in is called a “Minute Book.� The reason is that the minutes of meetings are kept there and so the name. Continued on page 14
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151 City Centre Drive, Suite 300, Mississauga, ON L5B 1M7
phone 905.268.1000 fax
905.542.2836 Member Commercial Division, Toronto Real Estate Board
SHELL GAS STATION SHELL GAS STATION ORANGEVILLE • Net income $610,695 - CAP rate 11.11% • 7 million ltr gas volume • 3.15 acres land - 4600 sq ft building • Gas station + Convenience store + Country style with drive thru • + 2 apartments + propane + seasonal take out restaurant • Environment friendly above ground tanks • New paving + canopy
$5,495,000
2316_DJW_0040
PRESTIGE INDUSTRIAL MULTI UNIT PLAZA
INVESTMENT PROPERTY
DIXIE/DUNDAS AREA MISSISSAUGA
INVESTMENT PROPERTY MISSISSAUGA
• 12 Units • 28,320 sq. ft. building • 1.78 acres land parcel • Fully leased with long term tenants
• Many recent improvements • Net operating income $190,000 • Principals only
• Dixie/Derry Area • 26,000 Sq Ft building • Triple A National Tenant • NET INCOME $220,400 • Principals only
$3,100,000
$3,100,000 2316_DJW_2_0024
INDUSTRIAL COMMERCIAL PLAZA - 7.5 CAP INDUSTRIAL COMMERCIAL PLAZA - 7.5% CAP - BRANTFORD • New Construction • 9 units for sale • Rent GUARANTEE • NET INCOME $150,000 • Principals Only
$1,999,000 2316_DJW_2_0075
DOWNTOWN INVESTMENT PROPERTY BRAMPTON • Old World Charm - brick and beam building • 25,000 sq ft leasable area • Completely renovated and updated • Many longterm and established tenants • Net Potential income $290,000 • New facade and elevators $5,295,000
LAND PARCELS IN FORT ERIE 184 ACRES $7,990,000 Residential Zoning Access from Niagara Parkway Next to Golf Course 900+ homes subdivision possible
43 ACRES $5,990,000 Highway Commercial - facing QEW Situated on Exit Ramp Zoning permits Gas station, Truck stop, Hotel, Automotive Use, Retail, Supermarket ++++
38 ACRES $1,690,000 Industrial + Agricultural 3200 sq. ft. House on Property
8471255_2316
SELLER WILL HOLD BACK MORTGAGE AL LD SO ITION D N CO
NEAR MULTIPLE BOARDER CROSSINGS TO USA
info@sanjivpuri.ca | www.sanjivpuri.ca 13G COM
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legallyspeaking Continued from page 12
What is in a Minute Book? Here is a list of what to expect on original set up: The Articles of Incorporation; Bylaws, Initial Resolutions setting out officers elected, date incorporated, approval by laws, forms of share certificates, authorization re bills of sale etc, corporate seal, registered office, Consent to Act as Directors, Consent of Officers, Resolution of Shareholders electing Directors, Resolution of Directors electing Officers, Subscription for Shares, Resolution of Director re Allotment and issuance of Shares and relating Share Certificates, Resolution of Directors re Banking and Signing Officers with attached Bank account information, Resolution of Directors re Financial Year End, Resolution of Shareholders re appointment of Accountants and Exemption from Audit Provisions. Directors, Officers and Shareholders Registers. As you can see, a lot of things. After the initial set up there are certain Corporation events that should be recorded in these minute books and they include; changes of corporation directors, details of the corporation’s financial statements and filing periods, changes to the share structure or shareholder or securities changes, or any decisions to buy, sell or charge property and annual meetings to approve the corporation’s activities. Matters which are required to be recorded in the Corporation’s minute book include records of the minutes of the provincially required annual shareholders meeting. Small companies with one or two shareholders are permitted by law to sign resolutions approving the annual resolution – provided that all the shareholders of the corporation sign the resolutions. The Minute Book should also contain a record of special resolutions passed by the corporation’s shareholders. A similar requirement exists for keeping a record of directors meetings.
Other matters that should be recorded in a corporation’s Minute Book include all revenue filings, any change of address of the corporation, any change in directors of a corporation, including a list of past and present directors and the dates they become or ceased to become a director. Failure to maintain such records can result in significant fines some up to $25,000 and may prevent a corporation from maintaining proceedings in court. So apart from record keeping and Government compliance, why are the Minute Books of a corporation so important? Frequently, in corporate transactions, such as the assumption or provision of loans, the sale or purchase of property or the sale of business itself or its assets, lawyers are faced with blank stares from clients when they ask for the corporation’s up-to-date Minute Books in order to prepare for the closing. Business owners are more focussed on operating their business than maintaining their corporate books. Clients are often unaware of the existence of their Minute Book or the importance to maintain it regularly. Failure to have up-to-date records in the corporation Minute Books can lead to delay and increased legal costs when trying to get the deal done. The accuracy of the corporation’s minute book is vital as it is relied upon by purchasers, lenders and investors in these transactions. In certain instances it may be difficult to update a Minute Book where officers or shareholders have died, are untraceable, or when previous business partners have parted ways. Regular updating of the Minute Book, prevents any of these costly delays. It is never too late to start maintain your Minute Book records, and starting to do so now can prevent a delay in later business of the corporation. For further information on Corporate Law in Canada contact Schwarz Law info@schwarzlaw.ca or visit www.schwarzlaw.ca. Disclaimer: The articles provided herein are for general information purposes only and not intended as or to be relied upon for legal advice. Consult with a lawyer for your unique situation.
Jayson Schwarz LL.M is the senior partner at Schwarz Law LLP and Evonne Finnegan LLB (also of the Bars of Ireland, Northern Ireland, England and Wales) is the senior corporate associate
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11294981_2116
CAMPGROUNDS FOR SALE
• 45 SITES + 40 SLIP MARINA, MITCHELL’S BAY • 169 SITES + HOME ON 11 ACRES, LAKE HURON • 110 SITES + 2 HOMES ON 8.5 ACRES, WOODSTOCK Orio Fishleigh
Dave Bratt
Sales Representative
Sales Representative
dave.bratt@century21.ca
orio.fishleigh@century21.ca
519.532.5375
519.709.6746
8302229_2316
Woodstock: 871 Dundas St. | 519.539.5646 Tillsonburg: 86 Broadways St. | 519.688.0021
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businessbarometer
CANADA’S SMALL BUSINESS OWNERS ARE FOUR TIMES MORE LIKELY TO BE LOW INCOME THAN RICH
J
ust like Canadian workers, the vast majority of Canada’s small business owners are firmly entrenched in the middle class, according to the latest small business profile from the Canadian Federation of Independent Business (CFIB). Data from Statistics Canada show that two-thirds of Canadian small business owners are earning less than $73,000, and employers earning less than $40,000 outnumber those earning more than $250,000 by four to one. The findings refute the notion that a large percentage of small business owners are the wealthy using small businesses to dodge taxes, and make the case to reinstate the promised small businesses tax rate reduction eliminated in March’s federal budget.
“The notion that most small business owners are rich, or part of the ‘one per cent’, is pure fiction,” said CFIB president Dan Kelly.“The simple truth is Canada’s small business owners are overwhelmingly middle class. They are your mechanic, accountant, hair dresser and landscaper, just trying to earn a living doing something they love.” The profile also shows that small business owners are much
more likely to work longer hours than employees. More than 40 per cent of small business owners work 50-plus hours a week. Only six per cent of employees are in the same category. “Part of the reason small business owners don’t take home huge salaries or dividends is because they reinvest any profits back into their business and their employees through training programs, salary increases, new hires, or equipment purchases. Having a low small business tax rate helps them to do just that,” added Ted Mallett, CFIB chief economist.“It helps them grow and keep Canada’s economic engine running.” Despite popular misconceptions, the small business tax rate does not encourage businesses to stay small. Very few businesses earn even close to the $500,000 threshold - that would introduce them to a higher business tax bracket. In fact, 85 per cent of small businesses could double their net earnings and still not be exposed to the higher rate. The profile was generated from the latest data from Statistics Canada’s National Household Survey, the Survey of Labour and Income Dynamics and other sources. CFIB is Canada’s largest association of small- and medium-sized businesses with 109,000 members across every sector and region.
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“WE PRODUCE RESULTS”
Paul J. Szostak
Free CMA Evaluation
BROKER / C.- C.R.E.C. / A.S.A. / A.B.R.
with this cut out ad
LAND DEVELOPMENT / INVESTMENT / BUY & HOLD FUTURE TURN KEY BUSINESS IN BURLINGTON
FOR LEASE - BURLINGTON
"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 $398,888 $23.50/SQ FT with option. Converted MAC's into a franchise Becker's. Excellent income of approx $70K per month/gross. MLS H3179171 415 #6 HWY S HAGERSVILLE
2316_DJW_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
stakteam@gmail.com
905-333-3500 2316_DJW_1_0049
High density, high visibility and local to all amenities such as transit, schools, shopping, restaurants, hobbies stores, nail shops etc. This ideal office/retail space available is approximately 1482 sq. ft. Rent is $12.00 per sq. ft. plus TMI. MLS H3178347
$12/SQ FT
BUILDERS DELIGHT $65,777
LAND FOR SALE $158,888 Cayuga builders delight. Double lots zoned residential. MLS #H3169625 192 MARY ST. BRANTFORD $2,588,000 Industrial building, 64,835 sq. ft., 1+1 loading doors, 4+1 drive-in doors. Opportunity for expansion on 6.13 acres. MLS# H3172917 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
Residential rural building lots with all necessary amenities. Minutes to waterfront and beaches of Port Maitland. MLS #H3169648
4515_DJW_0080
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.
$2,995,000 2316_DJW_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 $128,888 new owner meets transition of new business.
4 BAY SELF SERVE CAR WASH. LOW MAINTENANCE BUILDING.
2316_DJW_0047
1019 WILSON ST ANCASTER
– Dunnville $65,777 - 1.22 acres corner lot -- MLS# H3169751
6 BAY, SELF SERVE CAR WASH. GREAT LOCATION AND MAINTENANCE FREE BUILDING. OTHER SITES AVAILABLE. 4515_DJW_0081
For more information please call:
Office: 519-273-2822 a-b Realty Ltd., Brokerage, Stratford ON Independently Owned and Operated
Kevin Williams
John Jantzi
BROKER
SALES REPRESENTATIVE
Cell: 519.572.2293
Cell: 519.571.3894
or visit our website at
www.ontariofarmsales.ca 11230070_2316
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COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_2316
Bill Bradley
Sales Representative
Independently Owned & Operated
Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866
416.258.6866 exitwithbill@gmail.com
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.
$12,600,000
VE
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EX
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Renovated building can be made into a retirement home with permission from the local municipality. The building is in an excellent area for retired people. It also would be a perfect investment which should also give you approx. 15% CAP on your investment. Call Bill Bradley at 416258-6866.
$15,500,000 1716_DJW_1_0067
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
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NO
Commercial Team In Canada! *
**
+ **
COMMERCIAL www.PBcommercialteam.com ** Sales Person + Broker
Location! Location! Bloor/Yorkville location! Available lease space on Yonge Street with exposure! Free-standing corner building! Offering the whole second floor of 3,891 sq. ft. of office space! Bright and spacious, large windows overlooking Yonge. Numerous offices, board rooms, kitchenette & washrooms +++ $29.50 sq. ft. gross. Call George for more details. 416-554-7653.
2316_DJW_0003
Well over $1 million in well-appointed leasehold improvements! Prime GTA location with ample parking! Opportunity of a lifetime to own and operate your own restaurant! Featuring a warm and friendly atmosphere providing a memorable dining experience for your customers! $388,000. Call Peter 416-606-7882.
2316_DJW_1_0005
0916_DJW_3_0071 COMING SOON TO MARKHAM!
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0916_DJW_3_0071 INVESTMENT
Excellent 1187, sq. ft. of retail/office space located at prime Lawrence & Warden location! Stunning newly modernized plaza in superb high traffic location! Spacious unit with great Lawrence exposure flexible terms, flexible rent, parking front and rear. $14.95/sq. ft. net. Call Matt: 647-500-7708. 2316_DJW_0004
1 acre + of PRIME Markham land! Bullock/ Markham Rd. Potential development site!! Ravine property! Industrial area! $638,800.
MAIN/DANFORTH - MEDICAL
RESTAURANT FOR SALE IN MAJOR PLAZA 0916_DJW_3_0071
EX
Brand new townhouses in Markham's historical community of Armadale. Featuring 2 & 3 bdr, 2 bath units, with 1-2 car-garages and approx. 2,000 sq. ft. Contact George Politis for details and registration: 416-554-7653/GPolitis@ThePBTeam.com
EXCELLENT MARKHAM
0916_DJW_3_0071 OFFICE SPACE
2316_DJW_1_0091
KENNEDY RD - RETAIL
0916_DJW_3_0071 CENTRE LEASE SPACE
0916_DJW_3_0071 SPACE
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. 2316_DJW_1_0118
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! $16.15/Sq. ft. Net. Also, prime 722 sf office space, great signage! $14.95 Net. Call Matt: 647-500-7708 2316_DJW_1_0060
PLAZAS PLAZAS PLAZAS PRINCIPALS ONLY
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
2316_DJW_2_0084
• Partner with Top-Tier GTA Developers • Get Developer Returns! • Call George Politis 416-554-7653
11276415_2316
LAWRENCE AVE - RETAIL/
PRIME YORKVILLE LEASE OPPORTUNITY! 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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Diversify & Create Wealth Passive investments through Pro Funds Mortgages. Earn a fixed return of 7-14% per annum, secured on real estate. RRSP eligible.
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