Commercial Investor - 01 Jul, 2016

Jul 02 - Jul 30, 2016, Volume 16 Issue 06

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa!

540 BINGEMANS CENTRE DR., KITCHENER

R FO

$20.00/SF

CHESLEY - RESIDENTIAL SUBDIVISION - $890,000

E AS LE

• Construction started on high profile office building near Victoria St. N. • Ready for occupancy in September 2016 - Act now to secure • Two floors consisting of 11,250 sq. ft. each for a total of 22,500 sq. ft.

• Still possible to customize for single tenant signature building • Convenient access to Hwy 8, future Hwy 7 and WR International Airport • Minutes to GO Train, VIA Rail and public transit

Call Duncan McLean, Sales Representative CMA Realty Ltd., Brokerage 519-590-7997 duncan@cmarealty.ca

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

-214-487 6 5 41

345 SPRUCE STREET, WATERLOO

• 6-plex apartment building

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

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

$2,330,000

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

FREE SUBSCRIPTION!

COMM_GLOSS_2716.indd 1

Independently Owned and Operated

519-745-7000 mike@teammilovick.com | www.teammilovick.com

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Mike Milovick, Broker

Royal LePage Grand Valley Realty, Brokerage

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

2016-06-28 1:49 PM

FOR LEASE - GRIMSBY WITH QEW EXPOSURE

• 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

AVAILABLE - WESTON RD. TORONTO (JUST N. OF EGLINTON)

• • • •

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

2716_DJW_1_0007

BUILDING FOR SALE - 168 RAGLAN ST. S. RENFREW

• 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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FOR LEASE

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$16 PER SQ FT PLUS $4 TMI/CAM

FOR LEASE

• • •

Space for lease in a brand new, to be built plaza.

1000 sq. ft. to 25,000 sq. ft. available. Great corner location at Rymal Rd. E. and Dakota Blvd. on the Hamilton Mountain. Surrounded by new residential developments across from a high school, and 600 meters from the new Trinity Church Rd. Extension between Stone Church Rd. E. and Rymal Rd. E. connecting the area to easy access to the Red Hill Valley Parkway. 2716_DJW_0866

• • • • •

BUILDING FOR SALE/UNIT FOR LEASE - HAMILTON EAST

BRAND NEW COMMERCIAL CONDOS - GRIMSBY

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

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 per square foot plus TMI of $6 per square foot.

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DEVELOPMENT OPPORTUNITY - HAMILTON

• • • •

• 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.

2716_DJW_3_0006

BRAND NEW COMMERCIAL CONDOS

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

Branthaven Homes presents the Lake House commercial condos. Brand new Commercial/Retail/ Office condos by Branthaven! Approx. 975 sq. ft. to 1100 sq. ft. units, with two up to 1600 sq. ft. in size.

Located in Grimsby just off of Casablanca Blvd and QEW interchange, on the Branthaven Lakehouse development. Direct exposure to the main road, with plenty of parking. Strategically situated surrounded by high and medium density residential.

Occupancy as early as fall 2017!

2716_DJW_2_0047

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.

2716_DJW_1_0048

FOR SALE - 6 PLEX

ATTENTION LAND OWNERS WE NEED DEVELOPMENT LAND PLEASE CALL US

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D L O

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• • •

• 6 Unit Apartment Complex For Sale w/ upside • Separate Hydro Meters • Updated Windows, Roof, Hydro, Soffits, Eaves, Plumbing, Kitchens and Baths • Close to transit, shopping, highway and downtown St. Catharines • Fully tenanted turnkey operation • $589,777 • Call Nicholas Kazan, Broker for Details

2716_DJW_0899

2716_DJW_0862

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

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

Broker nkazan@royallepage.ca Office 905.574.3038

Broker nvbredow@royallepage.ca Office 905.574.3038

Not intended to solicit Properties or Buyers Currently Under Contract

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SOUTHWESTERN ONTARIO INVESTMENT TEAM

SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities Commercial Development Land Kitchener, ON

Single Tenant Net Leased Industrial Property London, ON

• 100% leased to an investment grade corporation • 210,727 sq. ft. best-in-class industrial space • Bids due by 5:00 PM on Friday, July 8th, 2016

• 5.29 Acres on Queensway West (Hwy 3) • CS (Service Commercial) zoning • Asking $1,500,000 ($283,554/acre)

Joe Benninger* CCIM 519 340 2323 joe.benninger@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

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

Freestanding Industrial building St. Jacobs, ON

• • • •

Office/Retail Complex Windsor, ON

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

Multi-Tenant Building For Sale Kitchener, ON

± 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

Office Building For Sale or Lease

• • • •

11284449_2716

• Trophy office/retail complex in Windsor, ON • 4 quality buildings totaling 111,208 sq. ft. on 5.41 Acres • High profile location along Ouellette Place

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

Industrial/Transport Opportunity Kitchener, ON

Vacant Land Windsor, ON

ER T D C N RA U NT O C

• 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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SOUTHWESTERN ONTARIO

COMMERCIAL OPPORTUNITIES PRIME DOWNTOWN LOCATION 1255-1273 Ouellette Avenue Windsor, Ontario 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

ANDREW JOHNSON, Sales Rep andrew.johnson@cushwakeswo.com 519.438.5588 Ext. 230 TYLER DESJARDINE, Sales Rep tyler.desjardine@cushwakeswo.com 519.438.5588 Ext. 232

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

O F F I C E S PAC E F O R L E AS E

PRIME COMMERCIAL LAND 1150-1152 Fanshawe Park Road West - London, Ontario 1.6 acres on arterial road Corner location - zoned commercial Asking $1,500,000

45 Meg Drive London, Ontario Located on Meg Drive, just off Exeter Road in South London TYLER DESJARDINE, Sales Rep tyler.desjardine@cushwakeswo.com 519.438.5588 Ext. 232

GARY POLLOCK, Broker gary.pollock@cushwakeswo.com 519.438.5588 Ext. 222

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

519.438.5588 4G

BRENT RUDELL, Broker of Record brent.rudell@cushwakeswo.com 519.438.5588 Ext. 236 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

379 Dundas Street - London, Ontario Downtown London commercial condominium with underground parking included. Various sized units available ranging from 300 to 60,000 square feet, with virtually every size in between. Extremely broad DA2 zoning allows for a large range of retail and office purposes. Space can be divided into smaller units or be made larger.

Currently built out as office space. Space available on both the first & second floors.

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 FALLS GR

T EN n LL CE ructio X E t ns Co

EA TS MI UIT X E

• Asking $5,200,000 • Asking $91,228 per Suite • Near City of Niagara Falls Municipal Offices and

•

1 x Bachelor 22 x One Bedrooms 34 x Two Bedrooms

Located in Downtown Area • Walking Distance to Via • Built and Owned in 1983 Rail Station by the Same Family • Well Constructed • 4 Units Being Fully Renovated Concrete Building • New Elevator Being • 5.8% CAP Rate Installed by Owner • Ex. 1st Mtg to be assumed • Parking Lot Being Resurfaced by Owner

by Purchaser.

LONDON

• Asking $1,250,000 • Asking $104,167 per Suite • 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

• Excellent Tenant Profile

1 x Three Bedrooms • Good Size Apartment Units • 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 Financing as Clear.

Purchaser to Arrange

12 SUITES

(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 rental Building

• Property is Full of

• Asking $804,888 • Asking $73,172 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 • 25.1% R.O.I. • Treat Mortgage as Clear

NIAGARA FALLS

• 4.0% CAP Rate

Character and Very

!

11 SUITES

LU X LA URIO RG E A US & PT S

Parks

• Tidy 12 Plex with On-Site

Residential

• Good Size Bachelor Unit

TORONTO

Shopping, Schools and

9 x Two Bedrooms

Superintendant

11 x Two Bedrooms

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

P RE RIC DU E CE D

rge La r Lot rne Co

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 $725,000 • Asking $72,500 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 • 6.7% CAP Rate • 13.3% R.O.I. • Seller will consider holding VTB 1st Mortgage for 80% of Purchase at 5%

10 SUITES 8172756_2716

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SOUTHWESTERN ONTARIO INVESTMENT TEAM

RECENTLY SOLD PROPERTIES High Profile Industrial Invesment 21 Warring St., Hamilton, ON

Large Industrial Facility 530 Manitou Dr., Kitchener, ON

Income Generating Multi-Family Investment

15 Millwood Cres., Kitchener, ON LD

SO

LD

SO

LD

SO • Long term leaseback with CRS Contractor Rental Supply • Includes 2.5 acres of development land • Close Date: February 2016

• 358,000 sq. ft. manufacturing facility on 20.39 acres • Future redevelopment opportunity • Close Date: April 2016

• 2.98 Acres • Sale Price: $6,150,000 • Close Date: October 5, 2016

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

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

Dietmar Sommerfeld**, CCIM 519 340 2314 dietmar.sommerfeld@cbre.com

Will Hunter**, BBA 519 340 2307 will.hunter@cbre.com

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

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

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

* 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

247 CENTENNIAL PARKWAY N., HAMILTON

QEW & CENTENNIAL PARKWAY 45 GODERICH

OFFICE SPACE

COMMERCIAL/RETAIL/ OFFICE SPACE

OFFICE RETAIL SPACE

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

From $12.00 per sq. ft. gross.

For Lease - 4150 sq. ft. - from $7.50 per sq. ft.

Close to QEW, Red Hill Parkway & major bus routes.

Available Immediately.

1403 sq. ft.

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_2716

Tony DeSantis

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$1,030,000

2716_DJW_0024

$799,900

28 WEBER ST W, KITCHENER

lots for $99,000 each • 5 minutes to 401 interchanges & less than 5 km to Woodstock Toyota • Call Ryan Briggs

#8 - 160 FROBISHER DR., WATERLOO

24 KING ST E, KITCHENER

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

$19 & $25/SF

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• Beautiful restored bldg in owntown 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

$20.00/SF

KITCHENER, ONTARIO

519.578.0337

CELL:

• 3,000 sq ft. office unit • High profile building • Close to public transit & Highway 401 • CAM $5.27/sf

$27.00/SF

Nunes, Bauer Kitchener, Vincezo's and others.

• Zoning allows many retail and office uses.

• Call Duncan McLean

4210 KING ST E, KITCHENER

• Bright nicely finished office space available Sept. 2017 • Floor plates of 15,433 & 15,533 sf, could be leased separately

$11.95/SF

$20.00/SF

• Additional 30,000 sf can be built plus more parking • Minutes to Hwy 401, Conestoga College & Toyota • Call Duncan McLean

101 HAZELGLEN DRIVE

$6.95/SF MAIN FLOOR

2716_DJW_2_0030

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2716_DJW_1_0032

• Great neighbourhood mall with 22,945 AADT (2014) • Join Valumart, CIBC, Dollarama and many more • Call Duncan McLean

• 2,135sf retail unit available at Bauer Marketplace in Uptown Waterloo • $27/sf rent plus $10.50/sf CAM • Great location close to Mark

still possible • Convenient access to Hwy 85, 7 & 8 and future Hwy 7 • Minutes to GO Train and VIA Rail • Call Duncan McLean

FREDERICK MALL, KITCHENER $14-$14.95/SF 1165 FRANKLIN ST. CAMBRIDGE

• Retail units and pad site available from 1,033 12,634 sf • On bus route and Highway 7/85

• 288 & 292 Ottawa must be purchased together • Call Chris McFarlane

106 -191 KING ST S, WATERLOO

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

540 BINGEMANS CENTRE DR, KITCHENER

• High profile office building under construction • Ready for occupancy fall 2016 • Two floors consisting of 11,250 sf ea.

• Customization for single tenant

$720,000

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corner lot • No heritage designation • RM3 residential zone, multi-residential • Call Duncan McLean

• Fantastic redevelopment site • Steps to the new LRT stop • Large lots • R5 zoning

$309,900

2716_DJW_2_0028

• Three stone-faced townhomes • Tons of re-development opportunity in this large downtown Preston

288 & 292 OTTAWA ST S, KITCHENER

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

• Call Ryan Briggs

2716_DJW_0025

$469,900

2716_DJW_0023

1305-1309 KING ST E, CAMBRIDGE

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

• Land & Building only • Call Ryan Briggs

2716_DJW_0022

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

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

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

2716_DJW_1_0028

$950,000

2716_DJW_2_0031

INNERKIP DEVELOPMENT SITE & LOTS

• 1.3 acre redevelopment site • Includes vacant land at 1401 Weber St. E. • Zoned C-6 (Commercial) • Great location close to Hwy 8 with

2716_DJW_1_0025

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

$995,000

159 ERB ST W, WATERLOO

• Ample parking • Call Chris McFarlane

• 1,536 sf & 8,210 sf store front units • 2,520 s.f. 2nd floor office space, divided into 8 offices

• $2.50/sf 2nd floor space • Zoning allows many retail & office uses.

• CAM $6.75/sf • Call Duncan McLean

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:

11280798_2716

2716_DJW_1_8000

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

v

2786 KING ST. E., KITCHENER

2716_DJW_1_0029

$1,925,000

735 BRIDGE ST W, WATERLOO

519.588.6683

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SOUTHWESTERN ONTARIO INVESTMENT TEAM

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

Fringe Core Office Building London, 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

Office Investment Property Windsor, ON

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

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

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

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

Kitchener, ON

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

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

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

• • • •

• • • •

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

56% Leased - up to to 45,021 SF for sale or lease Pre-cast facility with modern stucco & glass facade Located within close proximity to Hwy 403 Asking $7,960,000

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

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

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

Multi-Tenant Industrial Building Kitchener, ON

• • • •

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

17,025 sq. ft. on 1.45 Acres Along LRT route, ample parking Multi-tenant with sign income Asking $995,000

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

Class ‘A’ Industrial Facility Brantford, ON

Industrial Investment Opportunity

• • • •

Income Generating Retail Plaza London, ON

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

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

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

11276500_2716

Newly Renovated Flex Office Building Cambridge, ON

• • • •

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

Chris Kotseff* 519 340 2321 chris.kotseff@cbre.com

* Sales Representative ** Broker

www.cbre.ca

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

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• • •

11307493_2716

• • • • •

•

11266919_2716

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

HomeLife Bayview Realty Inc., Brokerage

Rita Mollicone,

Twin City Realty Inc. Brokerage

B.A.

Holly Illman, MBA Sales Representative

Residential, Commercial and Investments Sales Representative

Direct:

Office: 905-889-2200 • Cell: 416-508-2949 Email: ritamollicone@gmail.com BRAMPTON • Great opportunity for a development site • Heart of downtown Brampton • High density mixed use - approx. 300 units • Development charges reduced to 1/3 • Shovel ready - all that is needed is your architectural drawings • Site under the Development Permit System By-law PLAZA - GTA • Excellent location - main thoroughfare • Corner property • Residential component • 2.3 acres • 5.5% cap at $8M ESSO GAS STATION • Newly built • 10-bay car wash • OLG lottery • Approx. 2 acres • Asking price $4.6M • Projected Net Income $500K ALSO AVAILABLE TOWNHOUSE SITES IN TORONTO ••• CALL 416-508-2949 FOR INFORMATION •••

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 AVAILABLE IN PARIS AND NORWICH HAVE INVESTORS LOOKING FOR INVESTMENT PROPERTIES

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Volume 16 Issue 06

1

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

INDEX Kitchener, Waterloo & Guelph

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Commercial Real Estate & Business Opportunities

Volume 16 Issue 06

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Special Features 12 INVESTOR INSIGHTS — Five things to know about closing costs when investing in a pre-construction condo

by Andrew la Fleur 26 IN THE NEWS — Supporting young entrepreneurs and their winning ideas Across the Province 29 IN THE NEWS — Indoor Navigation, Improved WiFi, CF SHOP! Text and Website updates among new technologies defining the Cadillac Fairview shopping experience 30 TREB Report — GTA Realtors report commercial market figures 36 IN THE NEWS — Mayor Tory and partners launch Digital Main Street business platform 44 MARKET MINDED — Conference Board economic index signals stronger economy ahead for Canada 48 IN THE NEWS — A new era in Canadian industrial real estate GLOSSY SECTION EDITORIAL 12G IN THE NEWS — Tech advances a disruptive force on the traditional commercial real estate industry 14G LEGALLY SPEAKING — Are assets or shares your best bet?

By Jayson Schwarz 16G IN THE NEWS — Exempting online US retailers from Canadian taxes and duties would hurt, not help local SMEs

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Commercial Real Estate & Business Opportunities

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4

Commercial Real Estate & Business Opportunities

Volume 16 Issue 06

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

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Volume 16 Issue 06

5 Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

www.teammilovick.com

519-745-7000

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

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

mike@teammilovick.com

fax: 519-489-1333

www.TeamMilovick.com

Invest in Ontario’s Number 1 Town Today!

11298911_2716

Grand Valley Realty

BROKERAGE INDEPENDENTLY OWNED AND OPERATED

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

$ 2716_DJW_2_0006

840 KING STREET NORTH, WOOLWICH

$

899,900

$ 2716_DJW_1_0047

392 ERB ST. W. WATERLOO

$

2716_DJW_1_0069

599,900

$

14 ROOSEVELT AVENUE, WATERLOO

399,900

$

• Value is in the land!

Nearly half an acre adjacent to MR land • Work with the City to attempt zoning change to maximize re-development potential here • Some neighbourhood precedent for re-zoning - same size lot, same zoning • MLS

2716_DJW_0003

7-451 ALBERT STREET, WATERLOO

239,990

850,000

$

2716_DJW_1_0094

2716_DJW_1_0070

2716_DJW_1_0071

• $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

2716_DJW_1_0074

67 CARDILL CRESCENT, WATERLOO

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

• $42,000+ Gross Annual Income • 4+4 Bedroom, Two Unit Building • Newer furnace, flooring, paint, shed • MLS

499,900

$

2716_DJW_0002

2716_DJW_1_0031

90 MCDOUGALL ROAD, WATERLOO

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

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

319,900

$

$

2716_DJW_4_0018

15 + 16, 520 COLLIER MACMILLAN DRIVE, CAMBRIDGE - $5.25 PSF

• 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

$

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

46 AMOS AVENUE, WATERLOO

369,900

• $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

52 NOECKER STREET, WATERLOO

13 AVONDALE AVENUE SOUTH, WATERLOO

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

699,900

1,160,000

$

2716_DJW_1_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

• Industrial space available in popular Collier MacMillan Business Park • Available at $5.25 per square foot per annum with a reasonable CAM of just $3.25 PSF • M3 zoning provides for a variety of light manufacturing, general assembly and warehousing related uses • Unit also has bonus roadside exposure to Collier MacMillan Drive • Ample parking • Located 15 seconds to Highway 24 and two minutes to four interchanges to access Highway 401 • MLS 2716_DJW_0004

2716_DJW_1_0014

BRIDGEPORT LOFTS, WATERLOO

• Unit 6 - $299,900 - 4.80% Cap, MLS • Unit 20 - $389,900 - 5.22% Cap, MLS 2716_DJW_1_0101

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Commercial Real Estate & Business Opportunities

Volume 16 Issue 06

Kitchener/Waterloo Guelph & Cambridge 11236833_2716

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PRIME KITCHENER INDUSTRIAL LOCATION WITH EXCELLENT EXPRESSWAY ACCESS

11309381_2716

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

Volume 16 Issue 06

Property which is zoned B2 includes a 25,000 sf 16 foot clear height building, comprised of approximately 4,000 sf of finished office and 21,000 sf enclosed metal storage building.

Site includes approximately 3 acres of yard area for outside storage or parking. Location well suited for trucking/ logistics operations requiring parking for trailers. Weigh scale on site. Rent $15,000 per month plus building and yard maintenance as well as metered utilities.

2716_DJW_0042

For more information call 519-745-3240 or email discountautowreckers@hotmail.com

ROY CLEEVES Broker

KITCHENER, ON OFFICE: 519-570-4447

Cell: 519-841-0559

www.callcleeves.com 2316_DJW_8073

2316_DJW_0072

11308802_2716

BUSINESS FOR SALE VOGUE PLUS MASSAGE, CAMBRIDGE

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.

MLS#

30519502

CALL DIRECT:

519-497-7755

10309499_2716

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Commercial Real Estate & Business Opportunities

Volume 16 Issue 06

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 1,114 SF · $12.00/SF Net · MLS:30524639 · C O M M E R C I A L / R E D I S E N T I A L P R O P E R T Y RETAIL FOR SALE/LEASE Finished office, great for medical & service 10,704 SF · $2,195,000 · St Jacobs

1,572 SF · $399,000 · MLS: 30516132 · Waterloo Kitchener · Looking one to two general MLS:30508545 PETER BENNINGER REALTY, BROKERAGE · Excellent for Owner/User.

28,100 SF · $1,850,000 · Exclusive · Kitchener use. Gary Boudreau*/James Boudreau** Potential use commercial on main floor prac��oners to take over a medical office of a Potential for value add.

2,025 SF · $20.00/SF · MLS: 30518433 · Kitchener 508 RIVERBEND DRIVE, KITCHENER, ON. Also for Lease $8.75/SF MLS 30504455 · Long 1,200 SF · $1,600/Mth · MLS : 30503820 · w/ residential on 2nd floor or 100% commercial re�ring doctor. The office includes Kitchener 4 fully James Boudreau**/Gary Boudreau* standing retail destination in downtown Main floor Commercial/Professional Office Space 2nd Floor Unit. Located very close to the New Provin‐ Phone: 519‐743‐5211 equipped exam rooms, built in recep�on area, Lester Tobin* Kitchener for over 80 years! Excellent location on high profile corner. John Hoffman* cial Courthouse and downtown Kitchener amenities. wai�ng room and washrooms. Located in busy R E T A I L O R R E D E V E L O P M E N T S I T E for continued retail or conversion for hi‐tech R E T A ISF L · 0.12 O R Acres R E D E· V$925,000 E L O P M E· NMLS: T S3050 ITE 1,586 James Boudreau**/ Gary Boudreau* e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial retail plaza with a Shoppers Drug Mart. office user. Colin Vogel* 1,586 SF 0.12 Acres · T $899,000 · 1737/1745 · · IKitchener · T Unique High Profile $26.00/SF Net · MLS: 839 SF· $12.00/SF ·MLS:KW1537515·Kitchener

Lester Tobin* 905 to 1,488 SF · R E T A I L / O F F C E

I N V E S M E N F O R

S A LE RETAIL FOR SALE/LEASE 4,980 SF · $9.00/SF · MLS:30504057· Kitchener Location. Corner Lot. Located beside farmers MLS: 30501737/30501745 · Kitchener

Unique 30518099/30502663/30502665 Kitchener Finished 736 SF· $75.00/SF Net· MLS: · KW1534274

office, great for medical & service 10,704 SF · $2,195,000 · St Jacobs

Pres�ge & very visible office building adjacent High Profile Location.

Corner Lot. Located market. Lester Tobin* New retail plaza on corner of Fischer Hallman and Waterloo Indoor mall · style on two levels. use. Gary Boudreau*/James Boudreau** MLS:30508545 · Excellent for Owner/User.

KITCHENER PLAZA 28,100 SF · · $1,850,000 Exclusive · Kitchener to Kitchener Farmers RETAIL/OFFICE Market,1 block SPACE from beside farmers market. Lester Tobin*

Seabrook Dr. High exposure‐ high traffic.

Ample High pedestrian

and traffic location.

Good 839 SF · $12.00/SF · MLS: KW1537515 Potential Also for Lease $8.75/SF MLS 30504455 · Long new LRT stop. Total space can be demised to R E T A I L / R E S I D Efor N T I A L value I N V E S T M Eadd.

NT Kitchener James Boudreau**/Gary Boudreau* tenant support. Lester Tobin* on site drive‐up parking. Lester Tobin* 1,200 SF · $1,600/Mth · MLS : 30503820 · Nicely nished units in busy SF. shopping centre, 7R ,E7T1A2I L /SOFF· F I$895,000 standing retail destination in downtown · Cambridge · MLS: approx.

2,500 SF, 2,000 Underground C E

I N V E S T M E N T

F O R

S A LE

2nd Floor Unit. Located very close to the New Provin‐ low common fees, on public transit route, exis�ng 30506322 Retail/residential · or MLS:30508545 Owner/User Kitchener for over 80 years! Excellent location 10,704 5,000 SF·$16.95/SF ·MLS:30504304· Kitchener R E T A I L SF O R· R$2,195,000 EDEVELOPMENT SITE cial Courthouse and downtown Kitchener amenities.

5,000 SF · $16.95/SF · MLS:30504304 · Kitchener Parking. James Boudreau**/ Gary Boudreau* Main floor 5,642 SF(2 units) Upper for continued retail or conversion for hi‐tech tenants include Li�le Short Stop, KW Gaming, property.

New St Jacobs · Excellent for Owner/User. Potential for SF · 0.12 Acres · $925,000 · MLS: 3050 Boudreau**/ Gary Boudreau* 1,586 New Building, Building, High High Visibility, Visibility, Free Free on‐site on‐site James 8,991 SF· $12.50/SF ·MLS:30504305·Kitchener floor‐ Three apartments. Lester Tobin* Curves, Sco�abank & more. Gary Boudreau*

office user. Colin Vogel*

parking. John Hoffman*/ Gary Boudreau* value add. James Boudreau** 1737/1745 · Kitchener · Unique High Profile parking. John Hoffman*/ Gary Boudreau* New Building, High Visibility, Free on‐site

4,980 SF · $9.00/SF · MLS:30504057· Kitchener Location. Corner Lot. Located beside farmers

736 SF· $75.00/SF Net· MLS: KW1534274 parking. John Hoffman*/ Gary Boudreau* 2,550 SF · $12.00/SF ·

MLS:30502295 Pres�ge & very visible office building adjacent 800 SF · $21.00/SF · MLS:30501217 · Waterloo I N D U S T R I A L / WAREHOUSE 1,843 ‐ 5,947 SF · $20.00/SF Net · MLS:30505595 market. Lester Tobin*

Waterloo · Retail Indoor mall front style unit on two levels.

INDUSTRIAL/WAREHOUSE Cambridge store with high to Kitchener Farmers Market,1 block from

Rare main floor opportunity.

High traffic /5597 · Kitchener · New retail plaza on Huron Rd. High pedestrian and traffic location. Good AAA OFFICE SPACE AVAILABLE · WATERLOO F O RE LNET A S E / S AI NL VE E S T M E N T exposure & high traffic. In downtown Preston.

R E T A I L / R FE SOI D I ASL E intersection of University & Bridge. Seconds from R LEA /SALE with high traffic and exposure, ample on‐site new LRT stop. Total space can be demised to 114,033 SF· $14.50/SF · Exclusive ·Beautifully tenant support. Lester Tobin*

Lester Tobin* 7 , 7 1 2

S F · $895,000 · Cambridge · MLS: 2,500 SF, parking, 2,000 SF. natural Underground Hwy 85. Colin Vogel* drive‐up parking. Lester Tobin* approx. finished, ample light

30506322 or Owner/User INDUSTRIAL Retail/residential WAREHOUSE LEASE/SALE FOR Parking. James Boudreau**/ Gary Boudreau* 5,000 SF·$16.95/SF ·MLS:30504304· Kitchener

James Boudreau** 530 SF · $18.00/SF · MLS: 30506783· Kitchener throughout.

Main floor 5,642 SF(2 units) Upper 13,735 SF · $4.95/SF · $1,050,000 · Cambridge 1,100 SF · $5.50/SF · MLS:30518529 · New Building, High Visibility, Free Kitchener on‐site 839 SF · $12.00/SF · MLS:KW1537515 · Kitchener property.

30,400 SF · 3.09 Acres · $3,400,000 | $10.00/SF Turn‐key hair/nail salon.

High traffic location.

8,991 SF· $12.50/SF ·MLS:30504305·Kitchener floor‐ Three apartments. Lester Tobin* 30504533/ 30504505 · Freestanding O F F I C E office, BUILD I N Gfor F Omedical R L E A& S Eservice & S Ause.

L E MLS# High Traffic ‐ High exposure location. On‐site parking. John Hoffman*/ Gary Boudreau* Finished great MLS: 30525493/30525439

·

Cambridge · New Ample on‐site drive‐up parking. Lester Tobin* New Building, High · Visibility, on‐site facility Industrial/Warehouse.

Centrally SF Divisible 1,975,000 Free · $12.95/SF parking available for Tenant. Lester Tobin* 12,184 Gary Boudreau* finish to food grade, insulated panels, some equip‐ parking. John Hoffman*/ Gary Boudreau* 2,550 SF · $12.00/SF ·

MLS:30502295 located with access off 2 streets.10,400 · Waterloo · Well located I N D U S T R I A L / W A R E H O U S E SF 1,770 to 5,947 SF · $20.00/SF Net · MLS: MLS:KW1521512

ment, spiral freezer, 4 docks Room to expand.

Cambridge store front unit with high office Warehouse, 3,335 SF Office. Lester Tobin* 4,800 SF (2 Retail buildings) 0.9 Ac. · New $699,000 building.

Quality finishes throughout.

30505595/5597/5598 · · Kitchener· retail AAA OFFICE SPACE AVAILABLE AVAILABLE · · WATERLOO FOR LEASE/SALE OFFICE SPACE WATERLOO John Hoffman* exposure & high traffic. In downtown Preston.

MLS: 30508944 · Located at major Paris furnishings are ·Beautifully included. plaza on Huron Paris · Rd. with high traffic and Existing 114,033 SF· $14.50/SF · Exclusive

114,033 SF ·

$14.50/SF ·

MLS:30514878 6,287 SF ·$7.00/SF·MLS:KW1531928·Kitchener

Lester Tobin* intersection, ample average traffic drive‐up count 17,500 cars James Boudreau** exposure, on‐site parking. finished, ample parking, natural light 10,000‐20,000 SF · $5.41/SF GROSS · Kitchener

Beautifully finished, ample parking, natural light Rare to find! 2 drive thru truck bays, one with INDUSTRIAL WAREHOUSE FOR LEASE/SALE daily.

Zoning permits many uses.

Lester Tobin* throughout.

James Boudreau** 530 SF · $18.00/SF · MLS: 30506783· Kitchener 28,100 MLS: 30512810 · Ceiling height 13’ clear . Two 8’ x 3 oors James Boudreau**· pit. Tool room attached. Abundant yard space SF on · $1,850,000 13,735 SF · $4.95/SF · $1,050,000 · Cambridge Bill Halpenny* throughout.

Turn‐key hair/nail salon. High traffic location. Kitchener avail. at extra cost. conveyor, John Hoffman* 8’ loading dock doors, alarm F F I C E B·U IExclusive 1,100 SF · $5.50/SF · MLS:30501890· Kitchener 30504533/ 30504505 · elevator, Freestanding O L D I N G F· O Retail/Office R L E A S E & Space.

S A L E MLS#

Central to many ini�a�ves and improvements Ample on‐site drive‐up parking. Lester Tobin* system, surveillance system, sprinklers, 8,500 SF Main · 8,500 SF ‐ Lower · $650,000 High Traffic ‐ High exposure location.

On‐site 1,114 SF ·

$22.00/SF ·

MLS: 30523827 · Industrial/Warehouse. Centrally 12,184 SF Divisible · 1,975,000 · $12.95/SF facility

9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener washrooms. Lester Tobin* in the downtown core including city located parking available for Tenant. Lester Tobin* MLS:30509700 · Simcoe · Centrally Located in the with access off 2 streets.10,400 SF Kitchener · Last unit available w/high exposure in · Waterloo · Well the located 1,770 to 5,947 SF · $20.00/SF Net · MLS: MLS:KW1521512 7,699 sf 16 dock shipping area. 1,661 sf office

centre condos minutes from throughout. the transit Warehouse, 3,335 SF Office. Lester Tobin* heart of Norfolk & County.

Poten�al for ver�cal centrally located retail plaza. Drive up unit on high building.

Quality finishes 30505595/5597/5598 · Kitchener· New retail office w/drivers area, new doors, bright, well 16,217 SF · $875,000 · MLS: 30511873 hub. Colin Vogel*/ Peter Benninger**

growth. Colin Vogel*/Peter Benninger** traffic Oon rd. in high density residen�al area.

Existing furnishings are included. plaza Huron Rd. with high traffic and FFICE FOR SALE/LEASE windowed. John Hoffman*

6,287 SF ·$7.00/SF·MLS:KW1531928·Kitchener

New Hamburg · Well located just off hwy 7, Traffic counts over on‐site 40,184 cars.

Strong tenant James Boudreau** exposure, ample drive‐up parking.

8,500 SF · Main Floor · 8,500 SF Lower Level Rare to find! 2 drive thru truck bays, one with well built building on 2 acres of land.

Mart, Dollarama, $995,000 532 SF · $1,050/mth ·MLS:30526564 · Waterloo 3,450 SF · $11.00/SF Gross · MLS: KW1537169 support. Shoppers Drug Lester Tobin* Simcoe · MLS:30509700 28,100 SF · on 3 oors · $1,850,000 ·· pit. Tool room attached. Abundant yard space PLAZA RETAIL/OFFICE SPACE FOR LEASE

Kitchener · Clean industrial space, finished KITCHENER Sco�abank, Swiss Chalet and many more. Centrally Newly renovated, nished office oor Ceilings from 13’ ‐ 18’ clear. John Hoffman* in the heart on of 2nd Norfolk at extra cost. John Hoffman*

· Exclusive · Retail/Office Space. avail.

650 ‐ 2,700 SF · $9.00‐$12.00/SF · MLS: Kitchener Located 1,100 SF · $5.50/SF · MLS:30501890· Kitchener offices, ample power. James Boudreau** Lester Tobin* in well known, award winning building avail.

Poten�al for ver�cal growth. INDUSTRIAL WAREHOUSE FOR LEASE/SALE 30500085/899/903· Nicely nished units in busy Central to many ini�a�ves and improvements High Traffic ‐ High exposure location. On‐site County. for the sublease.

Large windows, plenty of natural 9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener Colin Vogel*/Peter Benninger** 13,735 SF · $4.95/SF · $999,000 · Cambridge shopping centre, low common fees, on a public in downtown core including the city 21,775 SF· $4.50/SF ·MLS:30505583·Kitchener parking available for Tenant. Lester Tobin* 3,200 SF · $15.50/SF · MLS:30525672 · Cambridge

light.

High traffic intersec�on almost 7,699 sf 16 dock shipping area. 1,661 sf office Excellent transit route, exis�ng tenants inc.

Short Stop, EXCLUSIVE manufacturing · Freestanding and/or facility warehouse Industrial/ & minutes from sees the transit Parking, Drive‐Thru. centre I Ncondos Zoning C2, Ample Free VESTMENT FOR SALE w/drivers area, new loading doors, and bright, well 40,000 cars daily. 24/7 electronic reader board facility.

Good power,

KW Gaming, Curves, Sco�abank & more. hub. Colin Vogel*/ Peter Benninger** Warehouse.

Centrally located parking. with Gary Boudreau**

O F F I C E

F O R

S A L E / L E A S E

windowed. John Hoffman* James Boudreau**/ Gary Boudreau* on University Avenue. Ideal for professional R. Blake Hull* access off 2 streets. 10,400 SF Warehouse,

24,860 · SF MLS:30504066 8,500 SF ·SF·$3,900,000 Main Floor · 8,500 Lower Level 3,450 SF · $11.00/SF Gross · MLS: KW1537169 office or personal services. Colin Vogel*

3,335 SF Office. Lester Tobin* 6,994 SF· $7.00/SF ·MLS: 30506432 · Kitchener 800 SF · $21.00/SF · MLS:30501217 · Waterloo $995,000 Kitchener· ·Non‐designated heritage building Simcoe · MLS:30509700 · Kitchener

KITCHENER PLAZA RETAIL/OFFICE SPACE FOR LEASE

· Clean industrial space, finished O F F I C E

F O R

S A L E / L E A S E

Clean space, good mix of office space w/light Rare main floor opportunity. High traffic in Downtown core. in 3 floors of approx.

8,000 6,287 SF · $7.00/SF · MLS:KW1531928 · Kitchener Located 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 SF each.

Many uses, tech to retail.

County.

Rare to find! 2 drive thru truck bays, I N VPoten�al E S T M E Nfor T Fver�cal O R S A Lgrowth.

E 30500085/899/903· Nicely nished units in busy

access to expressway. Roman Ginzburg* from Hwy 85. Colin Vogel*

John Hoffman* Colin Vogel*/Peter Benninger** 21,775 SF· $4.50/SF ·MLS:30505583·Kitchener shopping centre, low common fees, on a public one with pit. Tool room attached.

1,413 SF · $12.00/SF · Kitchener Excellent and/or warehouse transit route, exis�ng MLS: 30516996 · tenants inc. Short Stop, Abundant manufacturing yard space avail. at extra cost. * Sales Representa�ve I N V E S T M E N T

F O R

S A L E

Great Gaming, location Medical use.

Good power, loading and parking.

KW Curves, for Sco�abank & more.

M U L T I ‐ I N D I S T R I A L / R E S I D E N T I A L facility.

John Hoffman*

** Broker Gary Boudreau* R. Blake Hull* James Boudreau**/ Gary Boudreau* 10,700 SF · $975,000 MLS:30524415 · Kitchener

24,860 SF·$3,900,000 · MLS:30504066 Selling @ 8% return most of roofs replaced. 6,994 SF· $7.00/SF ·MLS: 30506432 · Kitchener 9,360 SF · $6.50/SF · MLS: 30501592 · Kitchener 8,991 SF · $12.50/SF · MLS:30504305 · Kitchener Kitchener· 800 SF · $21.00/SF · MLS:30501217 · Waterloo Non‐designated heritage building Some long term tenants in place.

7,699 sf 16 dock shipping area. 1,661 sf office w/ New main Building, High Visibility, Free Rare floor opportunity.

High on‐site traffic in Downtown core. 3 floors of approx. 8,000 Clean space, good mix of office space w/light John Hoffman*

drivers area, and new assembly doors, bright, well manufacturing space. Easy intersection of University & Bridge. Seconds SF each. Many uses, tech to retail. parking. John Hoffman*/ Gary Boudreau* windowed. John Hoffman*

from Hwy 85. Colin Vogel* John Hoffman* access to expressway. Roman Ginzburg*

RETAIL FOR SALE/LEASE

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

8331512_2716

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Please say you saw it in The Commercial Investor

2016-06-29 4:58 PM

Volume 16 Issue 06

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

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

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

RCOLDWELL BANKER COMMERCIAL EAT RE‐DEVELOPMENT SITE D F O R · S AMLS: L E 30505583 GCOMMERCIAL MULTI‐FAMILY FOR SALE DEVELOPMENT LAND 21,775 SF L A · N$4.50/SF SF · $2,420,000 · MLS: KW1417598 M U L T I ‐ F A M I L Y I N V E S T M E N T Kitchener · Excellent manufacturing and/or 25,182 5,498 SF (approx) · $889,900 · Kitchener PETER BENNINGER REALTY, BROKERAGE

Brockville · Some medical onsite. Walking

6.60 Acres facility. (+/‐) Commercial/Retail· EXCLUSIVE from · Income potential from buildings. 36 Units · $5,500,0000 · MLS: 30505507 warehouse Good power, loading 2.94 and distance Hospital. Some new leases 24 units · $4,750,000 · MLS: 30525381· Kitchener 508 RIVERBEND DRIVE, KITCHENER, ON. Acres (+/‐) Residential · $1,000,000 Per Acre· · Brand New! 100% Leased, 100% Redevelopment parcel. James Boudreau** Kitchener parking. Roman Ginzburg* pending. John Hoffman*/Gary Boudreau* Exclusive Tremendous Opportunity on major Phone: 519‐743‐5211 Building is guarantee& 100% leased featuring high end Income bldg warranty.

arterial road. Considerable exposure along 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 Generously hard wood floors, sized including units w/premium finishes, 66.58 Ac. · $2,200,000 EXCLUSIVE· Cambridge designer finishes Ottawa St. Concepts for res portion incl. 140 quartz countertops, stainless steel appliances, in 6,994 SF · $6.00/SF · MLS: 30506432 · Kitchener Under stainless steel appliances, in suite laundry, e: commercial@coldwellbankerpbr.com 12,853 consideration SF · $2,100,000 · Kitchener www.coldwellbankerpbr.com/commercial to change OP stacked town homes or a 134 unit retirement suite laundry, conditioning.

Building Separate hydro & air gas meters.

Located steps Clean space, good mix of office space w/light designation to industrial. Peter Benninger** MLS# 30503036 ·

Multi‐tenant office G R E A T

R E ‐ D E V E L O P M E N T

S I T E

D F O R retirement SALE Mfrom U L Twith Ishopping ‐FA M I L& Yhydro, expwy F O Rgas SOn Aand L Emajor

homes or La A N 134 constructed separate water manufacturing and unit assembly space. facility.

Easy building. SF Centrally located. · MLS: Zoning KW1417598 & property away · $2,420,000 access to expressway. Roman Ginzburg* 25,182 Peter Benninger**

transit route. Eric Reiner* Approx.217 Acres · $4,340,000 · EXCLUSIVE meters with very little operating costs. Property is suitable for many uses.

6.60 Acres (+/‐) Commercial/Retail· 2.94 Brockville · Some medical onsite. Walking Units · for $5,500,0000 · MLS: 30505507 condo Waterloo Region · Currently Being Farmed. 36 titled individual sales.

Ideally located

James Boudreau** distance from Hospital.

Some new leases LAND AND BUILDINGS FOR SALE Acres (+/‐) Residential · $1,000,000 Per Acre· Call · Brand New! 100% 100% for info pkg! Kitchener 9 Units · $895,000· MLS:30501031 · Kitchener near transit, shopping and Leased, expressway.

pending. John Hoffman*/Gary Boudreau* 3,687 SF Tremendous · $775,000 Opportunity · MLS: KW1537347 Exclusive on major Peter Benninger**/Colin Vogel* Income guarantee& bldg downtown warranty. property in desirable Eric Reiner* L A N D

F O R

S A L E

St Jacobs Why pay rent?

Excellent arterial road. · Considerable exposure along 8.28 Acres · $1,558,000 · MLS: KW1522201 location.

Generously sized w/premium finishes, Close to units farmer's market, city hall, Cambridge · Fantastic location to · build to 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: up KW stainless steel appliances, in suite oversized laundry, new courthouse, etc.

Upgraded Under consideration to change OP

64,207 sq. ft. in 2 buildings. Many uses within M3 potential. stacked town homes or a 134 unit retirement 1514567 · Fully fenced with one gate, units Separate hydro & gas meters.

Located baths, steps featuring newer kitchens, designation to industrial. Peter Benninger** James Boudreau**/ Gary Boudreau* zoning. In a park setting. John Hoffman* away from shopping & expwy On major 20,000 SF,5.41 Acres · $2,200,000· MLS 30511105 homes or a 134 unit retirement facility. steel appliances Large lot with graveled and compacted. Bleams Road stainless St Thomas · Residential Re‐Development Site.

Peter Benninger** Approx.217 coming through in the Spring of 2015! transit route. Eric Reiner* · $4,340,000 · EXCLUSIVE excess land. CR1 zoning provides future EVELO PMEN T L A N Dby Fexisting O R Ssingle A L E 66.58 Ac. Acres D Former school surrounded · · $2,200,000 · Hoffman* EXCLUSIVE John Waterloo Region Currently Being Farmed. development potential (approx. 0.40 Acres).

3 .

5 8

A c r e s

· $995,000 · Conestogo · LAND AND BUILDINGS FOR SALE Cambridge · Under consideration to change OP family homes. Property subject to re‐zoning for 30 for info pkg! 9 Units · $895,000· MLS:30501031 · Kitchener Mike Flynn* Exclusive · Backs onto forested area. Call 3,687 MLS: KW1537347 1.03 Acres to · $1,995,000 MLS: Benninger** 30502898 single SF lots · & $775,000 one 4 · unit townhome lot. Peter Benninger**/Colin Vogel* designation industrial. · Peter Income property in desirable downtown Excellent re‐development opportunity.

St Jacobs · Why pay rent?

Excellent Lester Tobin* 1 Acre of Urban Development Land. Wide location.

Close to farmer's market, city hall,

James Boudreau**/ Gary Boudreau* opportunity for Owner/User. Redevelopment range of uses permitted. James Boudreau* 2.8 MLS: KW · new courthouse, etc. Upgraded oversized

10.87 Ac.Land Acres · · $4,000/month $3,600,000 · · EXCLUSIVE For Commercial Real Estate

potential. · · Fully fenced one gate, units featuring newer kitchens, baths, 6.60 Acres (+/‐) Commercial/Retail · 2.94 Brantford traffic, with visibility.

COMMERCIAL DEVELOPMENT LAND FOR Acres SALE 1514567 10.87 Acres · High $3,600,000 · high EXCLUSIVE · Solutions in Canada's Technology James Boudreau**/ Gary Boudreau* graveled and compacted.

Bleams Road (+/‐) Residential · $1,000,000 Per Acre · Exclusive steel contact appliances lot our with Part of intensification corridor being studied by stainless 5,498 SF (approx) · $850,000 · Kitchener

Brantford · High traffic, high visibility. Part of Triangle, any Large one of coming through in the Spring of 2015!

For land.

Commercial Estate CR1 zoning Real provides future Tremendous Opportunity road.

EXCLUSIVE · Income potential from buildings. the city. Peter Benninger** D EVELOPM E N T L Aon N Dmajor F Oarterial R SA L E intensification corridor being studied by the excess sales representatives, or call John Hoffman* (approx.

0.40 Acres).

Redevelopment parcel. James Boudreau** Solutions potential in Canada's Technology 3Considerable exposure along Ottawa St. Concepts . 5 8 A c r e s · $995,000 · Conestogo · city. Peter Benninger** development 519‐743‐5211.

Exclusive Mike Flynn* for res portion incl. 140 stacked town homes or a Triangle, contact any one of our · Backs onto forested area. 1.03 Acres · $1,995,000 · MLS: 30502898

L134 A N Dunit & B U retirement I L D I N G S ‐ homes INVESTMEN O F F Iunit C E 0.35 Acres · $1,425,000 · Exclusive · Kitchener Bof UUrban S I N E Development S S F O R S ALand.

L E Wide a T 134 Excellent re‐development or opportunity. sales representatives,

or call 1 Acre SALES REPRESENTATIVES: 12,853SF ·$2,500,000 · Benninger** Kitchener Development opportunity in the heart of retirement facility.

Peter

James Boudreau**/ Gary Boudreau* range of uses permitted. James Boudreau* 519‐743‐5211.

MLS# 30503036· Multi‐tenant office building. downtown Kitchener. Capitalize on current For Commercial Real Estate

Gary Boudreau * · ext. 3029 Centrally located. Zoning & property suitable

COMMERCIAL DEVELOPMENT LAND FOR SALE DC exemptions.

2,000 SF Acres · $259,000 · MLS:30524701 · Kitchener 10.87 · $3,600,000 · EXCLUSIVE · Solutions in Canada's Technology D E V E L O P M E N T

L A N D

F O R

S A L E

for many uses. · $850,000 James Boudreau**/ James Boudreau ** · ext. 3020 SALES REPRESENTATIVES: 5,498 SF (approx) · Kitchener Peter Benninger**/ Colin Vogel* Burger kitchen located at high traffic intersection.

Brantford · High traffic, high visibility. Part of Triangle, contact any one of our 3 . 5 8 A c r e s · $995,000 · Boudreau* Conestogo Gary Selby Colson *

· ext. 3100 EXCLUSIVE · Income potential from buildings.

50 seats. No Franchise. Lester Tobin* intensification corridor being studied by the sales representatives, or call 30506497/63050504 · Backs onto forested area.

Mike Flynn *

· ext. 3037 Peter Benninger** · ext. 3000 Redevelopment parcel. James Boudreau**

city. Peter Benninger** 519‐743‐5211.

Excellent re‐development opportunity.

HIGH DENSITY MIXED USE DEVELOPMENT

Roman Ginzburg* · ext. 3103 E S S F O R· S A LE 1,800 B SF U S· I N $149,000 MLS:30518173 James John Hoffman * · E NBoudreau** EXCLUSIVE Gary Boudreau * · ext. 3029 L3.25 A N D & Acres· B U I L D I N $5,850,000 GS ‐ INVESTM T O F F I C E 0.35 Acres · $1,425,000 · Exclusive · Kitchener · ext. 3040 Waterloo ·

Well established and

highly

SALES REPRESENTATIVES: Kitchener · Frontage on 2 major streets at Development opportunity in the heart of 12,853SF ·$2,500,000 · Kitchener Bill Halpenny *

· ext. 3120 respected full service fine/casual dining · ext. 3020 the gateway to downtown Kitchener. downtown Approx. 217 Acres · EXCLUSIVE · Waterloo Region James Boudreau ** MLS# 30503036· Multi‐tenant office building.

MECHANIC Kitchener.

SHOP AND on current LOT R. Blake Hull* · ext. 3032 restaurant located in Capitalize Waterloo’s uptown.

Excellent access to Hwy 401 for via info Hwy 8 DC Currently Being Farmed.

Call pkg!

Gary Boudreau * · ext. 3029 Centrally located. Zoning & property suitable 1,440 SF· $559,000·MLS: exemptions.

KW1535223 Eric Reiner* · ext. 2099 Mike Flynn * · ext. 3037 Lester Tobin* Directly on uses. proposed rail transit route. for many light James Boudreau**/ Peter Benninger**/Colin Vogel* James Boudreau ** · ext. 3020 Kitchener · Established mechanic business on Peter Benninger**/ Colin Vogel* Lester Tobin* · ext. 3023

Peter Benninger**/Colin Vogel* Gary Boudreau* quarter acre site. Ideal for used car sales.

Selby Colson *

· ext. 3100

Roman Ginzburg* · ext. 3103 Colin Vogel*

· ext. 3110 CAR WASH BUSINESS FOR SALE · EXCLUSIVE

Mike Flynn * · ext. 3037 HIGH DENSITY MIXED USE DEVELOPMENT R. Blake Hull* Harmony Voisin

· ext. 3117 8.28 Acres · $1,558,000 · MLS: KW1522201 Brantford · Full service, fully automated car wash HIGH DENSITY MIXED USE DEVELOPMENT John Hoffman * · ext. 3040 Roman Ginzburg* · ext. 3103 BUSINESS FOR SALE 3.25 Acres · $5,850,000 · EXCLUSIVE Cambridge · Fantastic location to build up to in major traffic area. Lester Tobin* John Hoffman * 3.25 Acres· $5,850,000 · EXCLUSIVE 1,800 SF · $195,000 ·MLS:30502387 · ext. 3040 Kitchener · Frontage on 2 major streets at the 64,207 sq. ft. in 2 buildings. Many uses within

Kitchener · Frontage on 2 major streets at Waterloo BROKER OF RECORD: Bill Halpenny * · ext. 3120 · Well established and highly Bill Halpenny * · ext. 3120 gateway to downtown Kitchener.

M3 including residential. Kitchener.

In park MECHANIC the zoning gateway to downtown 4,437 SF · $499,000 · MLS:30516625 SHOP AND · Waterloo LOT R. Blake Hull* respected full service fine/casual dining · ext. 3032 Excellent

access to Hwy 401 via Hwy 8 setting. John Hoffman* R. Blake Hull* · ext. 3032 Excellent access to Hwy 401 via Hwy 8 1,440 Established since with many SF· located $559,000·MLS: KW1535223 Peter Benninger** · ext. 3000 restaurant in 1996 Waterloo’s uptown.

Eric Reiner* · ext. 2099 Directly on proposed light rail transit route.

Directly on proposed light rail transit route. locations throughout Ontario. Family style Kitchener · Established mechanic business on Lester Tobin* Lester Tobin* · ext. 3023 Peter Benninger**/Colin Vogel* Eric Reiner* · ext. 2099 Peter Benninger**/Colin Vogel* restaurant with liquor license and seating for 148 quarter acre site. Ideal for used car sales.

Colin Vogel* · ext. 3110

R. Blake Hull* + 25 on patio. Lester Tobin* * Sales Representa�ve Lester Tobin* · ext. 3023 Harmony Voisin · ext. 3117 4,800 Acres SF (2 bldgs.) · 0.9 Ac. KW1522201 $699,000 · 8.28 · $1,558,000 · MLS: ** Broker Cambridge · Fantastic location to build up to MLS: 30508944 · Paris · Located at major 1,800 SF · $195,000 ·MLS:30502387

2,000 SF · $259,000 · MLS:30524710 · Waterloo Colin Vogel* · ext. 3110 64,207 sq. ft. in 2 buildings. Many uses within intersection, avg. traffic count 17,500 cars Waterloo · Well established and highly BROKER OF RECORD: Burger kitchen located in University District.

M3 including residential. park respected full service fine/casual dining daily. zoning permits many In uses.

Zoning · ext. 3117 Harmony Voisin* 58 seats dining room, 40 seats patio. High income. setting. John Hoffman* Bill Halpenny* restaurant Peter Benninger** · ext. 3000 located in Waterloo’s uptown.

Well established. No Franchise. Lester Tobin*

Lester Tobin*

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

COM_2716.indd 9

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Volume 16 Issue 06

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

519.742.7000 www.coupalmarkou.com

SALE

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

• 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

2716_DJW_1_0076

138 BLEAMS ROAD, KITCHENER

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

2716_DJW_2_0051

SALE

SALE

54 BRIDGE ST WEST, KITCHENER

300 BRIDGE ST EAST, KITCHENER

2716_DJW_1_0117

• High profile investment property with successful long term tenant in place • Oversized parking lot • Site could accommodate a much larger building if re-developed • 5358 sq. ft.

• $1,500,000

MLS

2716_DJW_4_0023

SALE 405 KING STREET NORTH, WATERLOO

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

2716_DJW_2_0052

SALE

835 VICTORIA STREET NORTH, KITCHENER

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

MLS

2716_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 2716_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

11289418_2716

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

Please say you saw it in The Commercial Investor

COM_2716.indd 10

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Commercial Real Estate & Business Opportunities

519.742.7000 www.coupalmarkou.com

SALE

802 EXETER ROAD, LONDON

SALE

• Freestanding building fronting high traffic exposure • Ideal for owner/user or lease to office, retail or food service • 6500 sq ft • $999,000

MLS

2716_DJW_2_0040

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

MLS

2716_DJW_2_0039

STREET NORTH, LEASE 120-122 KING WATERLOO

LEASE

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

• 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

2716_DJW_3_0051

LEASE

EXCLUSIVE

94 WELLINGTON ROAD 6, ELORA

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

• $14.00 - $25.00/ sq. ft.

2716_DJW_0050

MLS

SALE

92 KING STREET SOUTH, WATERLOO

2716_DJW_3_0063

LEASE

#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

2716_DJW_2_0032

LEASE

25 INDUSTRIAL DRIVE, ELMIRA

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

• $9.00 - $20.00/sq. ft.

MLS

324 HIGHLAND ROAD WEST, KITCHENER

• 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

2716_DJW_1_0078

Kitchener/Waterloo Guelph & Cambridge

Volume 16 Issue 06

MLS

2716_DJW_0049

AVENUE WEST, LEASE 535 BELMONT KITCHENER

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

MLS

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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

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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

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12 investorinsights

Commercial Real Estate & Business Opportunities

Volume 16 Issue 06

FIVE THINGS TO KNOW ABOUT CLOSING COSTS WHEN INVESTING IN A PRE-CONSTRUCTION CONDO

By Andrew la Fleur

W

hen it comes to closing costs on pre-construction condos, there is a lot of misinformation out there.

You may have heard horror stories of buyers being hit with closing costs of $40,000 on final closing, and you start to wonder, if this is true, why are 20,000 people buying pre-construction condos every year in the GTA? The reality is that if you are educated and prepared when buying a new condo, closing costs are nothing to be worried about.

These horror stories of $40,000 closing costs are from buyers who were given bad professional advice, or worse, no professional advice when they were signing their condo contract.

Here are five things every condo investor should know about closing costs for pre-construction condos:

1 | Closing costs are different for every preconstruction condo.

There is no set amount of closing costs for every condo.

There is no rule of thumb that closing costs should be this much or a certain percentage of the price.

It really depends.

closing costs for most condos to be approximately $8,000 to $15,000 for a studio or one-bedroom condo, and approximately $12,000 to $18,000 for a two-bedroom or larger condo.

Here are the major items that you can always expect to pay for when purchasing a pre-construction condo: Land Transfer Taxes (Toronto has provincial and municipal land transfer taxes).

Approximate cost for units less than $450,000 is one per cent for provincial and one per cent for Toronto land transfer tax.

Development charges (these can include levies, educational levies, section 37 levies). These amounts can vary wildly from project to project and builder to builder. Assuming you have them capped, Toronto averages right now are $5,000 to $7,000 for one bedrooms and $8,000 to $10,000 for two bedrooms.

Legal fees to your lawyer. Depends on who your lawyer is. Fees including everything will usually be somewhere between $1,500 to $2,000 Utility hook ups. When you purchase a new condo, the utilities have to be connected for the first time.

Tarion Warranty. Yes, you get a warranty with your new home, but you have to pay for it. Usually around $600 to $1,000 for most investment units. Check out this blog post for more information about Tarion Warranty Enrolment Fees: truecondos.com/tarion-enrolment-fees-2.

Miscellaneous ($500 each or less) fees and charges (these include law society fee, deposit cheque administration fees, mortgage discharge fees, status certificate fees). These usually amount to approximately $1,000 for a typical condo contract.

2 | Development charges should always be capped.

Development charges (or development levies) are fees put on the developer of any new home or condo by the local municipality.

These should always be capped in your agreement.

Let me state that again —development charges should always be capped.

If the developer you are buying from says they will not put a cap on your development charges, run away!

Development charges are supposed to pay for the many things associated with building new residential units like sidewalks, lamp posts, streets, parks, schools, hospitals, etc.

That being said, usually, if buying a pre-construction condo in Toronto in 2016, you can expect unrecoupable

Continued on page 18

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Volume 16 Issue 06

13

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

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+ 35 New Retail Stores & office indoor plaza for occupancy + Prime 5.2 acre location, 260+ customer parking + Shovel ready for construction 2016 Asking Price $2,700,000 Investors/Builders here is your opportunity to build this new plaza

11306460_2716

-1.88 Acres of Prime Industrial Property -4,721 Sq.Ft of office and warehouse space

Kitchener/Waterloo Guelph & Cambridge

FOR SALE

FOR SALE

Call Ed Bain

416-836-7686

(email) slandcorporation@yahoo.ca

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

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

A rare offering in the Niagara Peninsula wine country!! 90 acre vineyard. True bench land located in the 20 Mile bench sub appellation. Excellent location for a winery site just off Reg Rd 81 wine route + only minutes off the QEW. Approx 51 acres have producing vines of cab franc, cab sauv, baco, vidal & riesling.

Another 27 acres are tile drained & ready for planting, offering your choice of new varietals to be planted! Approx 5 acres of bush & another 5 of headlands. This parcel also has a modest 2 bedroom bungalow & large outbuilding 40x32'. 200 amps. A 5yr contract could be put in place for the purchase of all the grapes harvested off this vineyard if the buyer so desires. This one of a kind vineyard consists of 4 merged parcels. $1,980,000

6 Acres of residential development land in Jordan Station.

Surrounded by the Greenbelt, vineyards & orchards. All city Bilkszto services at the road! Only mins to the QEW & all amenities. $3,300,000

“SOLD! Thanks to the Commercial Investor ” - Larry

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

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E INFO Lester TobinRMATION PLEA Coldwell SE , Sales 519-743Banker Represen CONTACT: Pete 5211 Ext: tativ 3023 emair Benninger Realt e y, Brok l: lester-tob in@coldw erage ellbankerp br.co

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Property has 2 road frontages. Great location for a winery or vineyard income! Existing farm house & barn of no value. Full list of varieties & plot map available. $1,050,000

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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

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15

Commercial Real Estate & Business Opportunities

ANISH SRIVASTAVA,

AJAY SRIVASTAVA SALES REPRESENTATIVE

CPA, CMA

SALES REPRESENTATIVE

Century 21 First Canadian Corp, Brokerage

519-670-4747

ajay.srivastava@century21.ca

416-726-3880

519-673-3390

anishs1@gmail.com

LONDON

NEAR FANSHAWE COLLEGE/COMING SOON • Build to suit or purchase.

• Nearly 1.7 acres.

• Zoned RSC 1, 3 and 4.

N

ASKING $1,000,000

• Four 3 bedroom units.

• Gas heated.

• Separate hydro and gas meters.

• Basement with laundry facilities.

• Parking for 8 cars.

• Can be purchased with 2 additional townhouse complex.

• Needs TLC. • Each complex for $389,000.

2716_DJW_0056

LONDON

2716_DJW_0054

LONDON

ASKING $1,299,000 • Property only for sale.

• Business not included.

• Approx. 5000 sq ft building • Nearly 1 acre lot • Across from new Auto Mall • Variety of commercial uses.

ST THOMAS

ONLY $299,000 • 20,000 sq. ft. prime space • 121 foot frontage on Main Street • Main floor commercial • 2nd floor apartments or offices • VTB possible • Forgiveable loans possible from City • Needs TLC

ASKING $1,000,000 • Excellent investment.

• 11,000 sq.ft. divided into 4 units.

• Large access doors for loading.

• Parking for about 50 cars.

2716_DJW_0055

2716_DJW_0053

Southwest Ontario

11309498_2716

Volume 16 Issue 06

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

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

519-797-1007

1-888-727-1007

Brian Shular

Broker of Record

EXCELLENT RESTAURANT OPPORTUNITY

199 High St., Southampton $559,000

Doug Freiburger

Sales Representative

Kaitlyn Shular

LOCATED IN THE CENTRE OF PORT ELGIN

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299 Green St., Port Elgin $554,900

Corinne Draesner

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

• Profitable Downtown Restaurant • Seating for 54, Excellent Opportunity • Located on Southampton’s Busiest Corner • MLS #411048000203000

IMMACULATE COTTAGE PARK CLOSE TO THE BEACH

Judy Howard

Sales Representative Sales Representative Sales Representative

2316_DJW_0021

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.

11241815_2716

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Volume 16 Issue 06

Commercial Real Estate & Business Opportunities 11309242_2716

Earl Taylor, Broker Call or Text: 519-670-9223

earl-taylor@coldwellbanker.ca Southwest Ontario

30 BURWELL ROAD, ST THOMAS

8492999_2716

16

Sales Representative

Southampton

Office: 519-797-5500 Cell: 519-270-3055 e-mail: donamy@bmts.com www.southamptonhomes.ca

MULTI-FAMILY INVESTMENT OPPORTUNITY! 435 QUEEN ST., PAISLEY 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.

$2,850,000

$109,900

D L O

2316_DJW_0013

RESIDENTIAL DEVELOPMENT

Quality move-in condition professional office with great visibility on the edge of the $2,400,000 St Thomas Industrial sector yet within sight of major retail and commercial malls. 1880 sq. ft. of finished office space with 3 private offices.

Full dry basement for further development or storage. Zoned M1, $345,000. $950,000

LOT 20, CONCESSION 20, SAUBLE BEACH

S

$1,100,000

For more info www.RealEstateinStThomas.ca 2716_DJW_0009

$549,900

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

VIEW OUR MAGAZINES ON ANY

DIGITAL DEVICE anytime, anywhere!

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THECOMMERCIALINVESTOR.CA 11307494_2716

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Volume 16 Issue 06

17

Commercial Real Estate & Business Opportunities

George Gicopoulos Sales Representative

COMMERCIAL - WOODSTOCK - $795,000

*Independently Owned and Operated

BUSINESS & PROPERTY - $625,000

Southwest Ontario

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

11305025_2716

Royal LePage Triland Realty, Brokerage*

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.

2716_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 til middle off September and could be extended for great sales & profits. Onsite parking plus municipal free parking at the front.

2716_DJW_1_0051

SARNIA POUTINERY - $195,000

BUSINESS OPPORTUNITY FOREST ONTARIO N - $695,000

Great concept, busy location, easy operation. Burgers, dogs, poutine etc.

1000 sq. ft. counter service with mostly take out and a few tables. 11:00 am to 10:00 pm. Great for a husband and wife team.

2716_DJW_0888

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 midnight and generates tremendous sales.

JUST LISTED. DON'T MISS IT. 2716_DJW_3_0041

NORTHWEST OF LONDON - $295,000.

SARNIA / POINT EDWARD PROPERTY & BUSINESS

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

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. Over 200 seats inside plus patio. Great opportunity to continue existing operation or bring your own concept. Over 100 parking spaces.

2716_DJW_1_0042

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TWO CORNER 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.

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Commercial Real Estate & Business Opportunities

Volume 16 Issue 06

Continued from page 12

The problem with development charges is that they are charged by the city on closing. So you don’t know what the city is going to charge because the building won’t be completed for three to four years after you sign your contract (assuming you are buying pre-construction).

It’s really these fees that you need to watch out for in your contract and most importantly, they should always be capped.

When you cap your development charges, this means that they cannot exceed the capped amount.

If you don’t have a cap, and the city decides to double or triple the development charges between the time you buy your unit and the time the building closes, you could be on the hook for any possible amount. It could be in the tens of thousands of dollars for this one thing alone.

3 | Development charges are rising every year in pre-construction condos.

Development charges are a huge source of revenue for municipalities.

New development is a golden goose that keeps on giving, and as such, cities across the GTA are constantly pushing the limits on developers and raising these charges.

Just recently fees nearly doubled in Toronto, for example.

Developers all protested, but at the end of the day, if the market is willing to pay for it, the city will keep increasing them.

This underscores the point that you must always have your development charges capped in your agreement, but it also means that just because you have a cap of $5,000 this year, doesn’t mean you will the next time you buy.

Five years ago, a cap of $2,000 to $3,000 was normal in most agreements. Today it’s $7,000 to $10,000.

On the bright side, these charges are an inflationary pressure on prices which ensures that real estate values will continue to rise across the GTA. Investing in hard assets like real estate is a great hedge against inflation.

In short, investors should expect to pay approximately 7.8 per cent of the purchase price on final closing as HST. This money is sent to the CRA by the developer, and it is up to the purchaser to apply for the HST rebate to get it back.

The good news is that if you purchase an investment condo that is less than $350,000, you should get 100 per cent of the HST rebate back (as long as you are renting out your unit) and it only takes about one month to get the money back after applying to the CRA. If your purchase price is between $350,000 and $450,000, you should get most of your HST money back, but not all of it.

If your purchase price is more than $450,000, consult a tax expert for your specific situation.

HST is something you need to budget for on final closing, but it’s not really a “cost” because in most cases you get all or nearly all of this money back.

For more information on HST and condo investing, I strongly recommend you check out the many other articles, podcasts, and videos we have on this site: truecondos.com/tag/hstrebates.

5 | You may be asked to pay for other things at time of final closing.

Developers may also ask you to pre-pay for certain expenses at final closing. These are not necessarily closing costs, because you have to pay them anyway, but you do need to budget for the possibility that you have to pay them.

The biggest example of this would be property taxes. The developer has the right to make you pre-pay up to two years of property taxes up front on final closing. This money is remitted to the municipality, but purchasers need to be aware of this.

Again, you should not consider this a closing cost, as it is an ongoing expense of owning any property that you would have to pay now or later no matter what.

4 | Is HST included in the purchase price? It is and it isn’t…

Most developer price lists will say “prices include HST.” And if you ask most developer’s sales reps, they will tell you that the prices include HST. But here’s the thing, the prices only include HST if you are moving into the suite yourself or someone in your immediate family is moving in.

If you are an investor and you will not be moving in, then you will be required to disclose this fact to your lawyer at final closing and you will no longer qualify for the built-into-the-price HST rebates.

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

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Commercial Real Estate & Business Opportunities

Broker of Record Cell:519-531-1177

Land Exchange Ltd. Brokerage Independently Owned and Operated

262 Josephine St., Wingham •

www.remaxlandexchange.ca

COM/RES INVESTMENT PROPERTY

• 80237 Bluewater Hwy, Goderich.

• Commercial/Residential on Hwy 21 in Goderich across from Suncoast Mall and Industrial Park.

• Environmental Study available.

• Call Listing REALTOR for more information.

• MLS #608116 2116_DJW_0001

Office: 519-357-3332

LIST PRICE $1,100,000

21 UNIT RESIDENTIAL INVESTMENT

LIST PRICE $395,000

LIST PRICE $1,900,000

PRIME 48 ACRE DEVELOPMENT SITE

11264376_2716

RENATE SIEBERSCHLEGEL

Southwest Ontario

Volume 16 Issue 06

• 598-606 Campbell St., Lucknow.

• 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

• 297 Minnie St., Wingham.

• Consisting of 3x6 plexes.

• 1x4 bedroom house, 1x3 bedroom house, 1x2 bedroom house.

• Upgrades are ongoing. Close to shopping, restaurants, banking.

• Call Listing REALTOR for showing.

• MLS #204750 2116_DJW_0003

11007505_2716

Dave Spencer 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

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

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Volume 16 Issue 06

11291991_2716

Commercial Real Estate & Business Opportunities

WOODSTOCK

ROSEMARY BROWN

PETER VANDERSAR

SALES REPRESENTATIVE

BROKER

519-532-9049

519-536-1200

rosemarybrown@royallepage.ca

peter@petervandersar.com

519-539-2070

Southwest Ontario

FOR SALE

FOR LEASE

FOR SALE

155 feet deep well with 20 gallon/minute capacity

$990,000

$5.00 PER SqFt. BASE RENT

FOR SALE - $495,000

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. 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.

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

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. 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!

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2716_DJW_0032

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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.

2716_DJW_2_0063

820 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.

2716_DJW_4_0028

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

2716_DJW_1_0689

Brian Holden 103 QUEENSWAY EAST, SIMCOE, N3Y 4M5

519-426-0081

Broker of Record

brianh@kwic.com Cell

519-428-7921

RETAIL IN THE TOWN OF WATERFORD INDUSTRIAL IN THE TOWN OF DELHI

COMMERCIAL IN THE TOWN OF SIMCOE

$369,000

NEW PRICE $459,000

NEW PRICE $949,900

Commercial Building in downtown Waterford, with many recent improvements and upgrades. Currently has 2 anchor tenants and a Cardio clinic/exercise fitness center owned and operated by the Buildings owner. Building has a large, well lit parking area. Zoning has multiple uses and applications, with details available at the listing Brokers office.

2716_DJW_3_0037

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 in-floor 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. Used oil is pumped to the tank for furnace.

2716_DJW_2_0076

Simcoe Bingo Hall and Banquet Centre.

Very well maintained building with approximately 13000 sq ft of finished space, large paved parking lot with great access, lot is 2.92 acres. Most recently used as a Bingo Hall with OLG. Zoning is MG3 with spot zoning for a place of assembly and special event sales including an auction centre with other.

2716_DJW_0051 11297437_2716

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NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION

HAMILTON

HAMILTON COVERING:

Grimsby Hamilton Haldimand Stoney Ancaster Caledonia Cayuga Creek Dundas Dunnville

For advertising

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

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

NewSectionPages_FullColor2015.indd 5 COM_2716.indd 21

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Volume 16 Issue 06

Commercial Real Estate & Business Opportunities

Ramzi Twal Sales Representative

MACRO REALTY

905.574.3038 CELL 905.741.7221 OFFICE

8181662_2716

22

1.888.751.2229

ramzi@ramzitwal.com www.ramzitwal.com

Hamilton

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

2716_DJW_1_0026

2716_DJW_1_0027

MOTEL 14 ROOMS With separate 2 sty 3 BRs building for owner/manager use. Small 27 seat restaurant with fully equipped kitchen.

Hwy #3 runs along the north shore of Lake Erie. Popular route for visitors in the area. Income statement available to serious buyers. Do not go direct. Call Ramzi or Sal. Asking $775,000. MLS H3183545 2716_DJW_0001

D L SO SOLD NAL IO T I D CON

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Volume 16 Issue 06

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Commercial Real Estate & Business Opportunities

INVESTPRO REALTY LTD.,

VMYSL

BROKERAGE

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

Dino Nicosia, Broker of Record

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

Kandy Thompson,

Sales Representative

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

www.investprorealty.com 8 UNITS, WEST HAMILTON

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

2716_DJW_0013

Hamilton

TWO FAMILY HOME, NEAR DOWNTOWN HAMILTON

D L O S Desirable Locke Street location. Parking for 6 cars. Asking $809,000.

For details contact Dino Nicosia, Broker or visit our website for 2716_DJW_1_0068 financial information.

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 details, visit our 2716_DJW_1_0054 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

2716_DJW_2_0069

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.

Asking $310,000. Solid brick, legal 4-plex, in desirable rental area.

Visit our website for details.

2716_DJW_1_0057

2716_DJW_1_0058

Before you invest, Deal with the best. Call Investpro Realty.

9558936_2716

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Commercial Real Estate & Business Opportunities

Volume 16 Issue 06

Understanding Real Estate Terms and Formulas Dino Nicosia, Broker of Record, Investpro Realty Ltd.

Hamilton

I

n this complex world of Real Estate investment, understanding the many terms, formulas and strategies will help you in making a wise investment. Let’s begin with the Operating

Expenses, which are the most important factors in determining cash flow.

Operating Expenses In my career I have come across many financial reports on investment properties. It never ceases to amaze us how many operating expenses are streamlined to exaggerate the “Net Income”, thus artificially increasing the market value of the property. In addition to the regular expenses for heat, hydro, water, property taxes, etc., the next time you review an income statement, also look for the following expenses.

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Commercial Real Estate & Business Opportunities

1. Management Fees Whether you intend to manage yourself or hire a property manager, this item should always be expensed at 3% to 5% of the gross income, depending on the size of the property.

2. Superintendent/Janitor Wages Again, whether or not you intend to do the work yourself, always expense this wage to determine the true operating expenses. Use approximately $40.00 – 50.00 per unit, per month as a guideline. This will vary depending on the duties.

3. Maintenance/Repairs the quality of tenants. A good guideline is approximately $600.00 to $800.00 per unit, per year.

Hamilton

This cost will also vary depending on the type, age and condition of the property, as well as

4. Elevator If the property has an elevator, make sure the elevator costs are included in the expenses.

Many times this cost is omitted.

5. Garbage Disposal Determine if the garbage is picked up by the City at no cost, or by a private company that would invoice the owner. This cost is often overlooked.

6. Insurance Coverage The property must be insured for fire and other hazards and this significant cost should not be overlooked. Premiums will vary depending on age and size of the building and be aware that premiums are on the rise.

7. Laundry Expenses On many occasions, you will find the laundry income included in the gross revenues, however, the laundry rentals are often forgotten in the expense column. Unless the laundry equipment is owned, always look for rental charges in the expenses.

8. Advertising/Promotions, etc.

In a tough rental market, you must allocate a reasonable monthly charge for advertising or costly promotions.

A good “rule of thumb” for operating expenses is 50% to 60% of the “Effective Gross Income” (a term that will be discussed in next issue). Always remember that it is the Net Operating Income that sets the probable value of the building. Therefore, to actually establish the true N.O.I., all the actual expenses must be accounted for, or you could end up paying too much for the property.

8171394_2716

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26 inthenews

Volume 16 Issue 06

Commercial Real Estate & Business Opportunities

SUPPORTING YOUNG ENTREPRENEURS AND THEIR WINNING IDEAS ACROSS THE PROVINCE

O

ntario is partneringwith Staples Canada to showcase more than 500 young entrepreneurs who are part of the Summer Company program across the province.

The third annual Summer Company - Staples Youth Entrepreneurship Day offers Summer Company students the opportunity to showcase their summer businesses at 54 Staples locations in Ontario. This initiative helps young entrepreneurs promote their products and services to customers, getting real-time feedback and priceless business experience.

Summer Company is a unique program that helps young entrepreneurs start and run their own business over the

summer. The program provides students aged 15-29 with hands-on business training, mentorship from local business leaders, and grants of up to $3,000 to turn their ideas into a business.

Supporting the next generation of job creators is part of the government’s economic plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs. The four-part plan includes helping more people get and create the jobs of the future by expanding access to high-quality college and university education.

The plan is making the largest infrastructure investment in hospitals, schools, roads, bridges and transit in Ontario’s history and is investing in a low-carbon economy driven by innovative, high-growth, export-oriented businesses.

The plan is also helping working Ontarians achieve a more secure retirement.

Sold Through The Commercial Investor Jun 04 -

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

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

Nicholas Kazan

Featuring 60 residential. registered unservi ced building The prop erty is situ of Hanover ated in the lots, plus 33 acre ). Chesley s of flat land boasts its pict own hospita uresque town of , Chesley (jus zoned l.

ASKING t north ONLY $8 For Marke 90,000 ting Bro Winston chure Cal Davies, l: WinCorp Bro ker of Rec 45 Keats Realty Inc., Rea l Estate ord Crescent, Brokerage Tel: 519 Guelph, Ontario -836-2 N1G 3B1 Email: wjm080 Fax: 519 -836-2 davies@ro gers.com 081

PLAINS 2,700 SQROAD, BURLIN GT .

HOME OFFT. FREESTAN ON DING FICE BU ILDING

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30,000 Haves & +, W 75% Exclu ants, sive Results 60 second in s on yo ur phone ICIWorld.c om iciw orld.mob i Add It To Your Hom Or Add Th e Screen e ICIWorld FR Ap COM_2716.indd p EE SU26

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

Offi ca ww ce: 905-574-3 w.Nichola 038 sKazan.co m8

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

For information call 1.800.268.0077

Please say you saw it in The Commercial Investor

MAHDVI

Coldwell

Banker

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

BEHAL

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

2016-06-29 5:00 PM

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Commercial Real Estate & Business Opportunities

Hamilton

8171399_2716

RE/MAX Escarpment Realty Inc Brokerage

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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2716_DJW_1_6670

2716_DJW_1_8002

145 - 147 LOCK STREET E, DUNNVILLE $159,900

NEW PRICE

63 8TH CONCESSION, BURFORD $899,000

Pristine 37.57ac income producing property situated across from Burford's southern urban boundary. Incs century 4 bdrm home (circa 1900), 36x40 insltd stl clad wrkshp, 2007 w/conc. flr + 2 - 12x12 drs, 50x80 free-span I-beam building, rented to feed supply/ retail tenant + 35ac vegetable soil. $21,100 annual income. *Zoned "A" 2716_DJW_2_0037 2716_DJW_3_0012

107 QUEEN ST, DUNNVILLE $189,000

868 NORFOLK ST S, SIMCOE $349,000

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

CAPTIVATING! 2716_DJW_0020

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!

2716_DJW_1_0052

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.

2716_DJW_1_8003

NEW PRICE

99 MAIN STREET N, HAGERSVILLE $449,000

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.

2716_DJW_1_0015

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

2007 MAIN STREET SOUTH, JARVIS $125,000

LOT ON FIELD ROAD - NANTICOKE $239,900

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!

2716_DJW_1_0001

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. 2716_DJW_2_0021

11.9 ac Dvlpmnt Opprtnty on Prime crnr lot w/3 rd frntgs!

Zoned "DD" & designated "District Commercial" under Mt. Hope Secondary Plan which allows for commrcl & possibly mixed use rsdntl.

Hwy exposure & close to Hmltn Airport, QEW & 403.

Buyer to complete all due diligence. Development incentives from the City!

Call LA for more info.

2716_DJW_0062

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Volume 16 Issue 06

10339498_2716

Commercial Real Estate & Business Opportunities For

Further inFormation:

John hryczynski Broker

(905) email:

John@BBsrealty.com

www.BBsrealty.com

REAL ESTATE BROKERAGE CommerCial

529-5900 x 240

commercial real estate

real estate sales and leasing serviCes RETAIL PLAZA FOR SALE

MIXED USE/CONDO DEVELOPMENT SITE

2716_DJW_0067

Located in the growing Greater Hamilton area!

This is an excellent opportunity for a hands on owner/user/investor to add value to this investment. This neighbourhood plaza, approx.

23,500+ sf, consists of 15 retail units situated on a large oversized lot with loads of parking. Low rents and several vacant units presently make it an ideal turnaround investment a t a very low price. Very good existing tenant mix. Asking $2,100,000. with possible VTB to qualified buyer.

Prinicipals only.

NEW RETAIL PLAZA FOR LEASE

PRIME WEST HAMILTON LOCATION A mixed use commercial residential development site on Main St. W. located between McMaster University, Hwy 403, Locke St. and downtown core. Parcel consists of existing usable buildings and a large lot, ideal for a mixed use or residential condo development. Rezoning in progress, potentially up to 103 residential condo units & 4,000 sf ground flr. Commercial space & underground parking. Asking $2,590,000.

2716_DJW_3_0066

2716_DJW_3_0062

RETAIL/OFFICE FOR LEASE

2716_DJW_0069

RETAIL/OFFICE FOR LEASE

CALEDONIA BUSINESS DISTRICT A new mixed use plaza devleopment in the downtown business district with occupancy in early 2017. Excellent exposure along this busy major arterial through the centre of this growing town and located just west of the new 3500 residential unit development now under construction.

Retail units from 1,000 sf to 5,000 sf. Ideal opportunity for most retail/ office uses. Suitable for most national tenant, call for details.

170 SILVERCREEK PARKWAY NORTH, GUELPH Located on a major arterial road across from Willow West Mall. Many national tenants on this power retail strip. Available space: Unit 2 – 2,151 sf, former variety store; Unit 3 – 2,000 sf and Unit 4 – 3,000 sf, units may be combined, ideal for most retail uses. Rates from $13.95-14.95/ sf. 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 space: Unit 6 – 4,428 sf and Unit 7 – 4,063 sf, units may be combined and are ideal for most retail uses and Unit 29 – 1,520 sf, ideal for bar restaurant/fast food use Immediate possession.

H

A

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I

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O

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Hamilton

PRIME SOUTHWEST HAMILTON LOCATION Prime corner location at Charlton Ave. with excellent exposure in the heart of this sought after Locke St. Business district. This bldg. has been recently renovated throughout and consists of $2,440 sf ground floor commercial space with loads of windows, 3/4 usable basement, attached garage, parking and 5 student rentals on the 2nd & 3rd floors presently leased. An ideal owner user investment. Asking $1,495,000.

2716_DJW_0068

USE BUILDING FOR SALE

N

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 HAMILTON FOR LEASE $6,500.00 PER MONTH

FOR LEASE STONEY CREEK - $2,200.00 P/M

Location, Location, Location. Central Mountain, long established, Fully functional, fully equipped 5 bays hoist auto repair shop available for lease. Rent includes TMI, tenant to pay utilities. Minimum one year lease required. Turnkey operation. For viewing, list of equipment and 2716_DJW_0008 more information pls contact Mazhar.

2716_DJW_1_0020

EAST HAMILTON

Long established. 30 years in business.

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

2716_DJW_1_0016

HAMILTON - $249,900

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.

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.

2716_DJW_1_6622

RETAIL STONEY CREEK MOUNTAIN

PLAZA FOR SALE

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

2716_DJW_1_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.

2716_DJW_3_0085

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

Please say you saw it in The Commercial Investor

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Commercial Real Estate & Business Opportunities

INDOOR NAVIGATION, IMPROVED WIFI, CF SHOP! TEXT AND WEBSITE UPDATES AMONG NEW TECHNOLOGIES DEFINING THE CADILLAC FAIRVIEW SHOPPING EXPERIENCE

C

adillac Fairview (CF) is amplifying its digital platforms with new service enhancements and first-tomarket technology, reinforcing its commitment to providing best-inclass retail offerings.

In Ontario, CF Fairview Mall is implementing indoor positioning and turn-by-turn navigation, the first time offered at any Canadian shopping centre. Consumers nationwide will be treated to upgraded Guest WiFi Services with Social features and access to the popular CF SHOP! Text Digital concierge service. In addition, CF Markville and CF Richmond Centre have made Chinese simplified and traditional language updates to their websites to effectively communicate with non-English speaking shoppers.

“Cadillac Fairview continues to aggressively invest in innovative technologies that enhance the consumer shopping experience,” saidJason Anderson, Senior Vice President, Marketing, Cadillac Fairview.“Shoppers want to stay connected during their entire shopping journey and we continue to evolve our digital capabilities, leveraging existing services like our CF SHOP! App, as well as investing in platforms to enable efficient, convenient and interactive experiences at all our retail properties.”

FIRST INDOOR NAVIGATION PLATFORM AT CF FAIRVIEW MALL Now available at CF Fairview Mall, the Navigate Platform powered by Aislelabs, a location based technology provider, delivers accurate indoor positioning with blue-dot wayfinding helping shoppers find their way around the mall with ease.

The technology uses a combination of WiFi and Bluetooth beacons for triangulation and acts like an indoor GPS so shoppers can view centre maps, locate their accurate position, and view shortest route to desired store or amenity. Interactive 3D maps also provide walking paths across floors. Shoppers can access all mapping and navigation at CF Fairview Mall by downloading the latest CF SHOP! app from the Google Play Store or App Store or by browsing to CF Fairview Mall website.

GUEST WIFI SERVICE WITH SOCIAL FEATURES Cadillac Fairview is upgrading its WiFi offering with faster connection speeds and easy to use WiFi access. The new platform, also offered by Aislelabs, remodels guest WiFi,

ensuring that users can log in using their social accounts, enjoying a one-click sign in without the hassle of forms. For added convenience, shoppers using the free WiFi will only need to sign-in once as they will be auto connected to the internet during every visit. An added roaming feature will allow direct internet access at any CF shopping centre.

EXPANDED CF SHOP! TEXT DIGITAL CONCIERGE CF is extending CF SHOP! Text to all 20 retail properties offering quick and convenient assistance to all guests. The service was introduced in November 2015 at eight retail properties including CF Pacific Centre, CF Chinook Centre, CF Masonville Place, CF Toronto Eaton Centre, CF Sherway Gardens, CF Rideau Centre, CF Carrefour Laval, and CF Galeries d’Anjou and is widely used by CF shoppers inquiring about anything from retailers and services to promotions to the latest trends.

CF WEBSITE LANGUAGE UPDATES CF Markville and CF Richmond visitors can now view website content in Chinese simplified or Chinese traditional.

The update caters to the growing non-English speaking demographic allowing local visitors to stay up to date on property news and events.

Cadillac Fairview is one of the largest owners, operators and developers of best-in- class office, retail and mixed-use properties inNorth America. The company also invests in retail, mixed-use and industrial real estate in Brazil, Colombia and Mexico.

Please say you saw it in The Commercial Investor

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30 trebreport

Volume 16 Issue 06

Commercial Real Estate & Business Opportunities

GTA REALTORS REPORT commercial market figures

T

oronto Real Estate Board President Mark McLean announced that TREB Commercial Network Members reported 452,261 square feet of combined industrial, commercial/retail and office space leased through TREB’s MLS System in May 2016, on a per square foot net basis with pricing disclosed. This result was up in comparison to 374,781 square feet leased in May 2015.

Approximately two-thirds of space leased was industrial in nature, followed by commercial/retail and office space.

The average lease rate for industrial space was $5.95 per square foot net in May 2016 – up 6.7 per cent compared to $5.58 in May 2015. Average commercial/retail and office lease rates were down on a year-over-year basis to $19.10 and $11.91 respectively. It is important to note that lease rates can be volatile on a month-to-month basis, as a result of changes to the mix of properties leased.

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

“It was certainly encouraging to see an uptick in leasing activity this past May compared to the same time last year.

However, it is important to remember that there certainly still exists some uncertainty around how economic growth will unfold in Canada and southern Ontario. Of particular importance to the regional GTA economy, and therefore commercial real estate markets, will be the trend in exports over the next year,” said Mr. McLean.

There were 61 combined industrial, commercial/retail and office sales reported in May 2016, where pricing was disclosed. This result was up compared to 55 sales reported for May 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.

May 2016: Commercial Sales Completed with Pricing Disclosed on TorontoMLS

Leased Sq. Ft.

Sales (Price Disclosed) May 2016

May 2015

% Change

Industrial

19

21

-9.5%

172.9%

Commercial

30

22

36.4%

45,822

42.5%

Office

12

12

0.0%

374,781

20.7%

Total

61

55

10.9%

May 2016

May 2015

% Change

Industrial

300,471

297,269

1.1%

Commercial

86,483

31,690

Office

65,307

Total

452,261

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

Average lease rate May 2016

May 2015

% Change

May 2016

May 2015

% Change

Industrial

$5.95

$5.58

6.7%

Industrial

$152.23

$108.01

40.9%

Commercial

$19.10

$23.32

-18.1%

Commercial

$247.73

$225.05

10.1%

Office

$11.91

$12.19

-2.3%

Office

$180.80

$181.22

-0.2%

Please say you saw it in The Commercial Investor

COM_2716.indd 30

2016-06-29 5:00 PM

NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

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NewSectionPages_FullColor2015.indd 7 COM_2716.indd 31

2015-03-19 3:47 PM 2016-06-29 5:00 PM

32

Commercial Real Estate & Business Opportunities

Volume 16 Issue 06

SkyViews

Landlord Municipal Licensing: It’s More than Just a Toronto Issue By: Cliff Ford, Skyview Realty Ltd., Brokerage

It’s been about 3 years since Hamilton ceased their attempt at introducing landlord licensing to their city. If you remember at that time, quite a number of landlords, property managers, and associations gathered their forces together to put a stop to the proposed program that would have put intensive oversight into how landlords operated their rental buildings. Now, Toronto is discussing the same type of legislation for the rental properties in their city.

But this is more than just a Hamilton or Toronto issue. It can have ripple effects throughout the province. As we’ve seen with previous trends and developments, as things are implemented in the larger markets, they trickle out to the smaller markets as well. Whether you own a rental property in Toronto or in a smaller market in Ontario, the issue of licensing of apartment buildings should be paid attention to.

Greater Toronto Area

Those arguing for licensing (including organizations such as ACORN) make the program sound quite altruistic.

Landlord licensing is sold as a benefit to residents to ensure their rental units’ quality standards are up to par. It is also sold as further accountability for the owners and operators of those properties. Ensuring landlords provide a good quality living space for their tenants is a good idea, in and of itself, but having further oversight in a market that is already fairly regulated can create additional headaches that could be detrimental to owners and tenants alike.

First, there is the issue of overkill… Take Toronto as an example. The city already conducts regular audits of multi-unit residential properties and is known to have an almost “zero tolerance” stance on city issued work orders.

The majority of property owners are already diligent in upkeep of their rental properties and comply when the city issues a work order. Licensing, if it targeted just the problem minority (including Community Housing which has had a history of compliance issues), would be a good idea.

Unfortunately it blankets the entire industry with unnecessary additional red tape.

It feels as though the licensing program is being proposed to give tenants a greater voice on the quality of their homes.

There are, however, already significant outlets that a tenant can turn to if their living space is not in a safe and liveable condition. Beyond the Landlord Tenant Board, tenants have a voice in the media, through community organizations, and through their own social media networks.

In this respect, it’s almost a matter of letting the market speak for itself. If you run a good building - maintaining the common areas and building envelope, upgrading and maintaining your units – you will have a steady stream of prospective tenants to rent units as they become available.

If a landlord is not diligent in these areas, a bad reputation

can develop resulting in excessive move-outs and a lack of applicants to refill those units. It is, and has always been, in the landlord’s best interest to be diligent with their properties. Licensing oversight starts to seem unnecessary from that perspective.

Then there’s the issue of the costs associated with implementing a licensing program. Fees would be added on a per unit basis just as a start. There would also be additional costs to comply with licensing requirements through repairs and maintenance in common areas and individual units. These costs have to be absorbed by the landlord, and as we know the margins of profit for multi-unit residential properties continue to be challenged by rising utility costs and shrinking guideline rent increases.

Sure these costs may be passed along to the tenants by increasing rents, but that is likely only possible on turnover. Above-guideline increase applications can be attempted, though it is yet to be seen whether this would be a successful venture in recouping those additional costs.

If the true purpose of landlord licensing is to make buildings safer for tenants, this again may be slightly redundant. Safety has always been a top concern for landlords in Ontario, and as mentioned earlier, the majority of them are diligent in ensuring their buildings are kept compliant for all safety-related issues including structural, environmental, and fire safety. As it relates to the individual rental units, the majority of those same landlords are diligent in repairing the apartments when it is necessary. Even if it’s solely from a liability standpoint, which it’s often not, many owners lose sleep at night worrying about the safety of their residents. No one wants to see anyone hurt on their watch.

This is just the preliminary “food for thought” on the landlord licensing issue. Whether you agree or disagree with the principle behind licensing, and the implications it may have, it is an issue to be aware of and to pay attention to. Whatever comes of the Toronto decision, it will have an impact on how you operate your rental property in Toronto and in smaller markets throughout Ontario.

Get active in your local apartment association, if you are not doing so already. It is networking like this that can provide support and assistance to you in maintaining your properties; and allow a collective voice to be heard by municipal governments when programs such as licensing are being considered. Organizations like FRPO and GTAA are already doing their part to raise awareness on how the landlord licensing program could negatively impact our industry. We all have a vested interest; we all have a voice.

8647857_2716

Please say you saw it in The Commercial Investor

COM_2716.indd 32

2016-06-29 5:00 PM

33

2116_DJW_0004

FOR LEASE

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

RD FO E R E N TH JA 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. • Hwy 27 & 7 Good for Medical Uses, Health Centre, Professional • Aprx 1500 sq ft @ 4 offices ++ Office, Accountant, Real Estate, Mortgage Business, • $1395. Monthly plus HST Law, Education Facility, Car Rental. Possible Purchase.

2116_DJW_1_0085

2116_DJW_1_0083

2116_DJW_1_0082

• Corner Store • Retail Condo • Fully Finished • Maple

T

3 EF L LY S N O O D N O C

2116_DJW_1_0084

POWER OF SALE

2116_DJW_1_0081

Commercial Real Estate & Business Opportunities

KEELE ST & MAJOR MACKENZIE DRIVE - VAUGHAN • Retail!!! Exposure!! Lots of parking! Suitable for most retail, office medical uses permitted. Excellent Investment.

• Unit #15 - 848 sq ft - Now $299,000 • Unit #21 - 1,156 sq ft - $434,000, Beside prkg lot!

• Unit #22 & 23 - 1,849 sq ft - Now $650,000 - Floor to ceiling windows - Must see this unit to believe!

INVESTMENT PROPERTY - VAUGHAN Jane St. Unit - Approx 1000 Sq ft. - Half Rented Ideal for User or Investor Please call agent for details.

Rene Papa,

Broker

11308051_2716

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

selling99@rogers.com 26 SUITES RETIREMENT HOME WITH GOV'T FUNDING (OTTAWA AREA)

90 BED RETIREMENT HOME 1 1/2 HOUR FROM TORONTO

61 BED RETIREMENT HOME HASTINGS COUNTY, ONTARIO

26 large suites with full ensuite bathrooms.

Possible 52 semi-private beds. Some residents are Government funded.

Great opportunity to build a great business.

Current gross income $2,700,000. Building has many amenities such as a library, chapel, games room, craft room, gardens, fitness area, computer room and more. Home offers services in demand such as assisted living and memory care.

Well-established business since 1958.

Opened as a Nursing Home and converted to a Retirement Home in 1978. Licenced with the RHRA for 61 beds. Home has a high occupancy rate servicing local urban and rural areas. Expansion possibilities. Being sold as a turnkey operation - owner is retiring. 2 hours from Toronto.

$1,550,000

$5,500,000

$1,500,000

Generic photo to protect the privacy of residents.

Generic photo to protect the privacy of residents.

Generic photo to protect the privacy of residents.

2716_DJW_2_0074

2716_DJW_0058

WWW.SHMUKLERREALTY.COM MICHAEL SHMUKLER, P.Eng, Broker of Record DIRECT: 519-318-1622 TOLL FREE: 1-866-960-6059 SHMUKLER REALTY INC. BROKERAGE

Email: michael@ShmuklerRealty.com

11298178_2716

2716_DJW_3_0060

Greater Toronto Area

Volume 16 Issue 06

Please say you saw it in The Commercial Investor

COM_2716.indd 33

2016-06-29 5:00 PM

34

Volume 16 Issue 06

Commercial Real Estate & Business Opportunities

11298089_2716

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.

LD O S

$2,850,000

Medical Center,

D L O

S

$2,400,000

RESTAURANT/PUB BUILDING & LAND & BUSINESS

Greater Toronto Area

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

What our clients are saying about us 24 SUITE MULTI-RESIDENTIAL BUILDING IN GUELPH

SOLD

“Thanks to the COMMERCIAL INVESTOR”

Recognized as “THE ADDRESS” for rental living in Guelph. No dollar has been spared on this property over the years.

Guelph has one of the lowest vacany rates @ 1.6% - building always full • 6 - 3 Bedroom • 14 -2 Bedroom • 2 - 1 Bedroom • 2 - Oversized Bachelor • Cap rate: 6%

3315_DJW_0028

Asking $3,100,000 Oct 10 -

Nov 7, 2015 , Volume

15 Issue

For all the details, photo gallery, floor plans, and amenities for this beautiful Guelph property please visit our website at

10

www.guelphgeorgian.ca INCORPO Full Coverag

RATING FRANCH

e Area Incl

uding Win

ISE AND BUSINESS

dsor, Ham

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

ilton, Toro

Nicholas

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

QEW EXPO

W_0047

SURE/CLE

LE R SA FO

AR SPAN

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OPPORT

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19,000 square feet availab on 3 floors le plus full basement.

Currently the up as a school,building is set with offices, classrooms, and medica computer labs. Each l and floor is 4750 sqft.

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UNITIES Kingston

ORAN APARTMEN GEVILLE T BUILDING

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TAWNYA GVOICH

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Well kept unique 4 storey, brick and stucco apartment with elevato building, r. The buildin previously g was a historic church built in 1891.

It was comple inside and renovated tely gutted Features: in 1986.

11 Bachel or, 17 – 1-bedroom and 3 controlled – 2-bedroom suites; entry; electric heating; baseboard one 2014, (ownedgas hot-water tank ); all bathrooms equipped with grab bars; new in Septem roof ber 2005; all corrido new carpet rs in lent downto October 2005. Excelwn locatio FOR MAR vacancy – n. Seldom currectly KETING no vacanc a Winston BROCHURE y.

Davie WinCorp CALL: Realty Inc.,s, Broker of 45 Keats Real Estate Record Tel: 519-8 Cresc Brokerage, 36-2080 Fax: 519-8ent, Guelph, ON N1G 36-2081 Email: wjmda3B1 vies@rogers .com

Sales Representative t: 226.314.1600 e: tgvoich@trilliumwest.com

3715_D JW_001 9

Fanshaw

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

Clear span 22,434 SQ.FT. Available building Located For (no interio seconds r column Sale. away from QEW with s), 38’ High Ceiling William Coldwell high profi DeJo le neighb .

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

COM_2716.indd 34

2016-06-29 5:01 PM

Volume 16 Issue 06

35

Commercial Real Estate & Business Opportunities

JUST LISTED

FIVE BEDROOM RAISED RANCH

COMING SOON

$229,900

PRICED $259,900

$399,900

2+1 Bedroom condo, with potential for a 4th bedroom in the lower level. Close to both Fanshawe College, the University of Western Ontario.

Just a block to Fanshawe College, buses & shopping centre. Potential income $2000/month.

5 bedroom, 3 yr old 2 storey located in the fastest growing area of Northwest London.

Currently a University of Western Ontario executive rental.

FOR LEASE

INVESTORS/PROFESSIONALS & PARENTS

2716_DJW_0043

2716_DJW_0044

2716_DJW_0045

DOWNTOWN ST THOMAS

$1500 PER MONTH

JUST $349,900

Two bedroom Executive condo in the downtown Richmond Row district of London. Bus route to the University. Shopping, dining, theaters nearby.

2716_DJW_0046

4 residential apts, 3200 sq. ft. of retail. This portfolio grosses $42,000. Caps at 8%.

$179,900

2716_DJW_2_0027

Greater Toronto Area

Two bedroom 1368 sq. ft. condo with security, underground parking & indoor pool.

Perfect owner occupied student investment.

2716_DJW_0047

RARE OPPORTUNITY Within the downtown core of St Thomas. Zoning includes a duplex or triplex. Senior housing in high demand. Direct 519-630-7470.

}

ATTENTION INVESTORS

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.

2716_DJW_0048

11309382_2716

Do you have children attending the University of Western Ontario?

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

COM_2716.indd 35

2016-06-29 5:01 PM

36 inthenews

Commercial Real Estate & Business Opportunities

Volume 16 Issue 06

MAYOR TORY AND PARTNERS LAUNCH DIGITAL MAIN STREET BUSINESS PLATFORM

M

ayor John Tory recently launched an innovative new online business support platform, the first of its kind worldwide, at digitalmainstreet.ca.

He was joined by project partner representatives from the Toronto Association of Business Improvement Areas (TABIA), Google Canada, MasterCard, Rogers Communications, Shopify and Yellow Pages, and main street businesses, project facilitators and vendors.

“Technology has changed the demands and expectations of consumers and Toronto’s main street businesses require our support to help them thrive in today’s retail environment,” said Mayor Tory.“When fewer than half of Canadian small businesses have a website, the need for this kind of service is widespread and immediate.”

Features of the Digital Main Street program include: • Website – Main street businesses receive a digital assessment, which is a roadmap for digital adoption.

The digital assessment contains a ‘to-do’ list and recommendations to trusted technology providers who can help businesses meet their goals.

• Digital Service Squad – Developed in partnership with George Brown College, students and recent graduates will assist the main street businesses in completing their digital assessments and onboarding basic technologies.

• BIAcademy – A suite of learning and development opportunities focused on helping main street businesses adopt and sustain new technologies.

• BIA Lab – A business incubator for retail innovation startups that will match technology companies with main street businesses to test and scale their technologies.

• 38 technology companies providing services as free trials or at a discounted rate.

“Digital Main Street shows the ingenuity of Toronto’s digital and technology business community to create essential tools and services of benefit to all main street businesses,” said John Kiru, Executive Director of TABIA.“Toronto’s BIAs have been a leader worldwide in the development of private and public sector partnerships, and this project builds upon that tradition of innovation and collaboration.”

Digital Main Street was developed by the City of Toronto and TABIA with advisory and web development services from Kinetic Cafe. The project was developed in consultation

with Toronto’s BIAs, technology companies and main street businesses, and was piloted in three Toronto BIAs. The project’s private sector partners have provided the funding for this initiative while many of the participating companies have contributed complimentary and discounted services as well as training and workshops for BIAs and main street businesses.

“Digital Main Street offers global scale to local Toronto businesses, connecting consumers from Canada and around the world to the great products and services this city has to offer.” said Fab Dolan, Head of Marketing for Google Canada.

“No matter the size, every business today is a digital business.

And, with the right tools, every business can be national or even global.”

“In Toronto’s highly digitally connected market, local businesses have unlimited opportunities, but they need the tools to harness those opportunities and to understand how their business is performing,” said Brian Lang, President, MasterCard.“Digital Main Street gives local businesses the option to use real-time big data to help make decisions and grow their business. The insights and trend reports available through this program give main street businesses in Toronto a valuable edge.”

“Online is the new local for small businesses, and not having a digital presence can mean missing the first point of contact with future customers,” said Nyla Ahmad, Senior VicePresident, Enterprise Marketing, Rogers Communications.

“Being part of the Digital Main Street initiative in partnership with the City of Toronto will allow us to help small businesses get the support they need to attract customers in a digital environment and discover technologies that will ultimately help them succeed.”

“At Shopify, our goal is to spread entrepreneurship, which we’ve spent over a decade doing by making ecommerce easy for over 275,000 businesses around the world and many right here in Toronto,” said Satish Kanwar, Director of Product at Shopify.

“We’re excited to be working with the City to help create an ecosystem that encourages even more opportunities for small businesses.”

“The adoption of digital marketing and technologies by small businesses is an ongoing challenge across Canada,” said Paul Brousseau, Vice-President, Brand Communications at Yellow Pages.“We’re pleased to partner with the City of Toronto to help bridge the digital gap for local businesses through the Digital Main Street initiative.”

Digital Main Street is part of “From Concept to Commercialization: A Startup Eco-system Strategy for the City of Toronto” which was endorsed by City Council in May 2015.

Please say you saw it in The Commercial Investor

COM_2716.indd 36

2016-06-29 5:01 PM

RONAN REALTY, BROKERAGE Each Office Is Independently Owned & Operated

37

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 Future development parcel approx. 6.9 acres located strategically including proposed collector road with the possibility of serviced building lots. $465,000 Marc Ronan *** 1-888-936-4216.

2716_DJW_0033

100 acre vacant land in South Bradford/West Gwillimbury! Approximately 77 acres workable with balance excellent hardwood mature bush. No severances. In area of productive famrs near Hwy 9 & 27. $1,500,000 Marc Ronan *** 1-888-936-4216

2716_DJW_0035

Investment opportunity! 30 acres future development land in Alliston across the road from new residential development. Level land with approx 5200 sqft building, 2nd level updated apartment approx 2000 sq ft plus inlaw space. This property has serious development potential. $1,900,000 Marc Ronan *** 1-888-936-4216

2716_DJW_0037

93 acre development parcel abutting residential development in New Lowell, just outside growing Barrie. Approximately 88 acres workable land. Located inside the development bnoundary expansion area.

Large greater Toronto developer in same area. $1,700,000 Marc Ronan *** 1-888-936-4216

2716_DJW_0039

10929735_2716

Sensational 100 acre parcel located in South end of Hockley Village! Five species of mature trees, great building sites, walking and riding trails, and Humber River flows through! Hunter, angler, sportsman, fisher mans dream! Taxes reflect managed forest. $995,000 Marc Ronan *** 1-888-936-4216

2716_DJW_0034

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

Greater Toronto Area

Volume 16 Issue 06

2716_DJW_0036

89 acres next to growing Tottenham and services area.

Designated as provincial growth area. Next to Woodington Lake Golf Club. Ideal investment and surrounded by developer owned land. $3,520,000 Marc Ronan *** 1-888-936-4216

2716_DJW_0038

Huge in Town lot with 163 frontage on King Rd just outside of Town Core, West of Hwy 27 in sought after, ever-growing town of Nobleton, King Township. Ideal for home occupation with great expsoure! Large principal rooms, 2 bedrooms on main level with upated kitchen with centre island/breakfast bar. 2 bedrooms on the 2nd floor with a separate side entrance. $1,100,000 Anne Hillard * 905-859-4477 2716_DJW_0040

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Volume 16 Issue 06

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

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NL Y

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IN

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Greater Toronto Area

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

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

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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!

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

11276658_2716

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

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

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

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COM_2716.indd 38

2016-06-29 5:01 PM

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

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

Massimo Farina BROKER (x224), Lara Tersigni BROKER (x223)

9258736_2716

2716_DJW_2_0058

FOR SALE PRESTIGE COMMERCIAL/INDUSTRIAL CONDOMINIUMS 2716_DJW_1_0038

ONLY 1 UNIT LEFT

• 133 Milani Blvd.,Vaughan. Immediate occupancy • 2900 sq.ft. unit. Drive in shipping • Call Lara Tersigni

FOR SALE - VAUGHAN

• From 500 sf and up.

• 2nd and main floor options available.

• Close to new Hwy 7.

• Subway line.

• Call Lara Tersigni.

$5,680,000

2716_DJW_2_0015

2716_DJW_0064

FOR LEASE

FOR LEASE - VAUGHAN • • • • • • •

• Rare offering.

• Commercial/Industrial lot with over 140 feet frontage on Highway 400 and over 260 feet frontage on Cityview Blvd.

• Located on the West side of Hwy 400 • Just North of Major Mac. • Em1 Zoning. Services to the lot line.

5700 SQ FT 80% Office 20% Warehouse 1 TL & D1 shipping!

Great Rates - Low TMI Office can be reduced Corner unit Ample parking

• • • • •

1150 sq. ft. retail Langstaff exposure GREAT LOCATION Immediate access to Hwy 400 For Doctor, Dentist & Lawyer

2716_DJW_2_0017

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

• • • •

2716_DJW_5_0018

FOR SALE EXCLUSIVE!

2716_DJW_0065

•

•

Retail space Weston Rd. Address Suits Restaurant use Great location

FOR SALE • • • • •

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

2716_DJW_0066

• 40,000 SF Freestanding building Vaughan • 4 TL – 2DI - 24’ clear -- 400 Amp • Accommodates 2 tenants • Outstanding opportunity & Location Principals only Please

Greater Toronto Area

OFFICE SPACE

2716_DJW_1_0046

FOR LEASE • • • • • • •

2554 sq ft office 2nd floor space Great layout Ample parking Great rates Jane/Langstaff MLS# N344185

2716_DJW_1_0665

FOR SALE - USER/INVESTOR • 3660 Sq Ft Industrial/ Commercial Unit • Steeles Exposure!! $950,000

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

COM_2716.indd 39

2016-06-29 5:01 PM

40

Volume 16 Issue 06

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 offer specialized services to manage and rent condo investments.

647-341-7990

Greater Toronto Area

www.summapm.com

propman@summapm.com 9631442_2716

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.

1716_DJW_0023

1716_DJW_1_4800

1716_DJW_1_4900

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

1716_DJW_1_0050

11287063_2716

Please say you saw it in The Commercial Investor

COM_2716.indd 40

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41

Commercial Real Estate & Business Opportunities

AJ Lamba,

905 502-9944 24

ETHICS & INTEGRITY above all else...

We have OVERSEAS Buyers 11294169_2716

*

SAVE $$$ BUYING/SELLING! HRS

Broker of Record

Automotive Related

Worship Place/ Medical/ Land

Convenience Store

Restaurant

Place of Worship

Meat Processing Plant

Location. Location. Location!!

Once In A Lifetime Op1st Property Off Two Major portunity! Loyal Customer Hwy. Custom Design ‘Very Base. Long Established Automotive / Truck Business Very Rare’ ‘Own A Piece Of Prime Miss. Real Estate!!!

For Sale On Rare 1.25 Acre Land! Approx $1.8M In Sales Located Next To Proposed Centre To The South!!! Approx with Great Verifiable Net 1 Acre Of Prime Vacant Land Income! No Franchise or Royalties! Situated Directly & W/ Rare 325 FT Frontage on Hwy 89 Close to Hwy 50. On Prime Eglinton Ave “Huge Income Potential! $1,950,000. $2,250,000. ID#CI4987 ID#CI900

Very Rare Business OpportuAmazing Industrial Units nity For Buyers to Own Prime Located In The Heart of Mississauga. Currently 4 Units Land! Excellent Location Less Than 1 Hr From Miss! Approx Combined And Zoned As 32 Acres of Agricultural Land.

One Place Of Worship. Over A Very Successful Halal Meat 5600Sqft Of Space. Can Be Converted Into Separate Units Processing Plant. Features 3 of Approx 1400Sqft Each.Great Structures Including Meat ProUser/ Investor Opportunity- E2 cessing Plant, 4Bdrm House & Zoning Allows High Tech, Lab, A Holding Barn That Can Hold Enginerring And Much More!! 100’s Of Livestock! $900,000.

ID#CI5309 $1,200,000. ID#CI966

Excellent Opportunity To Be Part Of The Fast Growing Franchise Business! Ins Convenience Store Located Inside The Shell Gas Station On Don Mills Road. Prime Location Great Walk In Traffic Of Gas Station Customers Surrounding Buildings. Income From Sales, Lottery Commission And ATM.$450,000. ID#CI705

One Of A Kind Establish Hair Salon In Prime Location In A Busy And High Demand Plaza.

Turn Key Operation. Open The Door And Start Making Money!! Grossing $9,000 Per Week.

Owner-Operating For 35 Years. At The Same Location For 13 Years Willing To Stay And Transition! $120,000.

ID#CI6550

Super Deal! Excellent Opportunity To Own Your Business.

Great Potential With 25 Years Established Profitable Indian Restaurant Take Out - Catering. All Equipment Included Residential Area, Surrounded

By Many Professional Office.

Take-Out, $3700 mth Including TMI. $125,000. ID#CI450

Lamba Realty Group Inc., Brokerage

Hair Salon

Hair Salon

Well Established & Profitable Hair Salon. Operating For 45 Yrs. Icon In A High Demand Mall W/Loyal Clientele!!

Growing Location! Turn-Key Business With Lots of Growth Potential! Owner Willing To Help With Transition For Up To One Year! Open Only 6 Days! Potential For Growth! $45,000. ID#CI1255

* Chris Chartier; Agata Drozdowska; Jenny Zhour; Ankit Malhotra; Nicole Yue; Frank Gulati - Salespersons

11236116_2716

www.rickpilozzi.com | 905.272.3434

Greater Toronto Area

Volume 16 Issue 06

Not intended to solicit clients already under contract and properties currently listed with another broker.

REALTY SPECIALISTS INC., BROKERAGE INDEPENDENTLY OWNED AND OPERATED

ATTENTION ALL BUILDERS AND DEVELOPERS Exclusive listing on Brock Street just off Hwy 401 in Whitby. Perfect for developing Hi Density Residential. Four properties total consisting of one entire block.

Call for more details (416)889-4777 Rick Pilozzi

2716_DJW_0010

Please say you saw it in The Commercial Investor

COM_2716.indd 41

2016-06-29 5:01 PM

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

Up Up Up Up

to to to to

65% 70% 75% 80%

LTV LTV LTV LTV

@ @ @ @

5.99% 6.49% 6.99% 7.49%

= = = =

$499.17 $540.83 $582.50 $624.17

Greater Toronto Area

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

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

CALL TODAY

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

COM_2716.indd 42

11297590_2716

Verico The Mortgage Leaders Inc. FSCO License # 10238

2016-06-29 5:01 PM

NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

CENTRAL ONTARIO

CENTRAL ONTARIO 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 9 COM_2716.indd 43

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44 marketminded

Commercial Real Estate & Business Opportunities

Volume 16 Issue 06

CONFERENCE BOARD ECONOMIC INDEX SIGNALS STRONGER ECONOMY AHEAD FOR CANADA

T

he Conference Board of Canada’s newly re-launched Composite Leading Index rose by 2.6 per cent in April, suggesting better times ahead for Canada’s economy six months from now.

The Composite Leading Index (CLI) sums up the performance of nine components that track the short-term course of the economy and signals changes in the business cycle (periods of faster and slower economic growth) approximately six months in the future.

“The rise in the indicator suggests that the outlook for the Canadian economy has improved,” said Matthew Stewart, associate director, National Forecasting with The Conference Board of Canada.

“Oil prices continue to recover, financial markets and consumer confidence are rebounding, which are pointing to optimism on the part of investors and consumers. Canada’s economy should finally be gaining momentum towards the final months of the year.”

HIGHLIGHTS The Composite Leading Index rose another 2.6 points in April, pointing to a brighter outlook for Canada’s economy in the months ahead.

Most of the nine components included in the index saw improvements, with only employment insurance claims and industrial and commercial building permits deteriorating in April.

The oil price recovery, stock market gains and a growing consumer confidence are fuelling the economic momentum.

THE NINE COMPONENTS INCLUDED IN THE INDEX ARE: •

The U.S. leading indicator;

•

Building permits;

•

The stock market;

•

The spread between the interest rate for private versus government short-term borrowing;

•

The average workweek in manufacturing;

•

Energy price index;

•

New orders for durable manufactured goods;

•

The Conference Board of Canada’s Index of Consumer Confidence; and

•

Claims received for Employment Insurance.

for the United States rose to an impressive 123.9, a level not seen in nearly 10 years. The U.S. index’s high level should translate into increased trade activity in Canada over the next six months.

The Bank of Canada’s energy price index posted a modest increase in April, as oil prices continued their recovery. The price of crude is still forecast to hover around $50 for much of this year, but its steady increase since its low in February is good news for energy companies.

Meanwhile, the temporary shutdown of oil sands production in May due to the devastating Fort McMurray wildfires is only forecast to hurt second quarter economic growth. Because the price of oil had been trending up before the fires, the resource sector as a whole is expected to improve in the second half of the year.

The S&P/TSX index advanced by over three per cent in April, suggesting that the effects of rising resource prices are continuing to trickle into financial markets. Lenders are also feeling more optimistic as the interest rate charged by chartered banks narrowed relative to the yield on Treasury bills.

The Conference Board of Canada’s Index of Consumer Confidence also rose in April, leading the way to increases in consumer spending, especially with respect to purchasing big-ticket items. However, news from the labour market was mixed. The average workweek -- the mean number of hours worked per week across all industries -increased for the second consecutive month, but the number employment insurance claims rose as well.

Industrial and commercial building permits slumped for the second consecutive month in April. The decline in building intentions signals apprehension about the Canadian real estate market, which could limit economic growth in the latter part of this year. conferenceboard.ca

Seven of the nine components improved in April, and two of them worsened. The Conference Board Inc.’s Leading Economic Index

Please say you saw it in The Commercial Investor

COM_2716.indd 44

2016-06-29 5:01 PM

Volume 16 Issue 06

45

Commercial Real Estate & Business Opportunities

Sales Representative bill-byers@coldwellbanker.ca

TEMISKAMING REALTY LTD.,

2316_DJW_0012

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

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.

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

Central Ontario

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.

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

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_2716

Bill Byers

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

COM_2716.indd 45

2016-06-29 5:01 PM

EASTERN ONTARIO

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

EASTERN ONTARIO SECTION

COVERING: Lindsay Peterborough Port Hope Bowmanville

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 12 COM_2716.indd 46

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Volume 16 Issue 06

47

Commercial Real Estate & Business Opportunities

“Your Commercial Connection in Eastern Ontario!”

jamie@ekortrealty.com

www.ekortrealty.com 8305397_2716

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

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

PRIME DEVELOPMENT SITE

NEW PRICE

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 D

D

CE

CE

U ED

U ED

2316_DJW_1_0115

2316_DJW_1_0102

2316_DJW_1_0103

R

• 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

Eastern Ontario

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

2316_DJW_2_0065

2316_DJW_1_0089

2316_DJW_1_0097

NEW

• • • •

R

2 commercial tenants 2 residential tenants Separate metres Fully occupied

www.44king.com ASKING PRICE: $275,000

Please say you saw it in The Commercial Investor

3:47 PM

COM_2716.indd 47

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48 inthenews

Commercial Real Estate & Business Opportunities

Volume 16 Issue 06

A NEW ERA IN CANADIAN INDUSTRIAL REAL ESTATE

C

anada’s major industrial real estate markets – Vancouver, Toronto, and Montreal – entered a new era of growth in 2015 – in some markets breaking pre-recession absorption records – and are set to have another banner year, according to a special report released recently by Cushman & Wakefield.

The report, called A New Era in Industrial Real Estate points out that Canada’s industrial markets, including Calgary’s, were steadily gaining traction through 2014 and 2015 while many office markets were feeling the pain of the oil shock and choppy national and global economic conditions.

Last year, occupiers of industrial property across Canada absorbed 17.8 million square feet (msf) of space, making it one of the “hottest growth periods” in the sector’s history, says the report. The Greater Toronto area – the

third largest industrial market in North America – saw vacancy plunge to 3.7 per cent in 2015, due largely to increased e-commerce-related demand for warehouse & distribution space.

“Industrial real estate has hit a new high,” said Stuart Barron, national director Research, Cushman & Wakefield. “You have to look before the financial crisis to see the kind of robust growth happening now across major Canadian markets.”

The market growth is being fueled by low energy costs, a competitive Canadian dollar, low interest rates, growing U.S. demand, and the evolution of e-commerce.

“What took me by surprise” said Barron, “is that Calgary didn’t see a single quarter of negative absorption for two years ending in the four quarter of 2015. That’s remarkable considering the magnitude of the energy bust on the downtown office market, and speaks to the dynamics and resilience of industrial real estate.”

Added Barron: “The markets that will roar in 2016 will be Vancouver, Toronto, and Montreal. Generally, we expect to see tightening industrial markets, new developments, and upward pressure on rental rates in key regions and markets.”

Key findings include: • Canadian industrial absorption spiked to 17.8 msf in 2015 after reaching 10.6 msf in 2014. This was the strongest performance since 2005 and one of the fastest expansionary accelerations in history.

• Toronto absorbed a remarkable 9.1 msf of space in 2015 –the strongest growth seen since Q1 2008, prior to the financial crisis.

• Vancouver saw the strongest expansionary growth relative to its size, absorbing 4.5 msf in 2015, the strongest performance in more than 15 years.

• Montreal saw momentum kick into gear with absorption averaging 625,000 sf per quarter, and topping 900,000 sf in Q4 2015.

• Calgary and Edmonton: Calgary and especially Edmonton will shift to negative absorption, as the impact of the energy bust widens.

Please say you saw it in The Commercial Investor

COM_2716.indd 48

2016-06-29 5:01 PM

NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

NIAGARA

NIAGARA Welland Fort Erie Beamsville Fonthill Port Colborne

For advertising

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

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

NewSectionPages_FullColor2015.indd 13 COM_2716.indd 49

2015-03-19 3:48 PM 2016-06-29 5:01 PM

50

Volume 16 Issue 06

Commercial Real Estate & Business Opportunities

Douglas McNaughton

Andrew McGregor

A.P.A.(Can), I.C.I.A., R.P.A. Sales Representative

Sales Representative HEAD OFFICE:

Cell: 289.213.8886

33 Maywood Avenue St. Catharines | ON | L2R 1C5

dbm@niagaracommercialgroup.com

Cell: 905.321.5202

andrew@niagararegioncommercial.com 11301581_2716

LIVE WORK PLAY

$468,000

RETIREMENT HOME

Large 2800 sq. ft. character home blt 1881 with original barn in the backyard. Modern updates such as steel roof, still having the charm of 1012 ft. ceilings, original plaster moldings, wood work and principle rooms. Direct QEW access on arterial route with M1 zoning for huge list of commercial uses or just a large family home.

$600,000

2716_DJW_0057

VALLEY WAY OFFICE & MEDICAL

11 BEDROOM DUPLEX

Must be sold Eastwood Manor sits abutting the shores of Lake Erie on a quiet street for the residents to enjoy the beach, summer activities. The home boasts 20 bedrooms, a staff nurse plus 24 hr on call service, fully trained PSWs with good tenure. A local owner could optimize the potential and performance of the retirement home.

$469,000

2716_DJW_0027

INDUSTRIAL BUILDING

Under new local ownership. Units from 500 sq. ft. to 2500 sq. ft. for medical & professional office use with gross rent $18.00 PSF. Plenty of onsite free parking with handy front door drop off & pick up available.

Building located close to Hospital & beside QEW on ramp Niagara Falls S.B. $1.00 psf 2716_DJW_0029

2716_DJW_0028

DOWNTOWN INVESTMENT

8650 sq. ft. with clean and finished 2 story front office area. 4 drive-in delivery doors. Insulated shop. Gated entry. Truck & trailer parking or equipment storage along side of building and the rear.

$550,000

$53,460 yr approx. income. 6 years old (6 beds up & 5 down).

Two separate units 1 vacancy.

All hard surface flooring, large bright rooms, open concept, 2 laundry & 2 kitchens, 2 on demand hot water sys, separate hydro meters, 2 furnaces. Easy conversion to single family units, or live in one. Unique newer construction opportunity showing solid income.

$389,000

2716_DJW_0030

Character house 2385 sq. ft. with commercial zoning, rear parking lot for 8 vehicles, 2nd floor apt rented @ $875.00. Main fl & basement used as an office for 20 plus years. Solid building with good roof, brick exterior, unspoiled wood trim, updated furnace, air cond., interconnect fire detection, 3 offices, reception, kitchen.

2716_DJW_0031

Sylvana Louras

905-357-9700

Sales Representative

2716_DJW_0017

3936 PORTAGE COMMERCIAL FREE STANDING BUILDING

Great opportunity to be a part of one of the most desirable districts in Niagara. Zoned General Commercial and on 70' x 195' lot. 2200 sq. ft. that's currently divided into waiting, reception area and private offices. Previously used as a dental practice and has numerous water lines and lead lined walls. MLS 30521986

2716_DJW_0015

Niagara Peninsula

The Brick Realty Ltd. Brokerage

2716_DJW_0014

Toll free 1.855.357.9700

LAND ASSEMBLY

Over 1 acre of prime Stamford Centre properties.

5 homes that are tenanted and vacant lot provides access from 2 streets. Zoned GC can accomodate residential commercial mix. MLS XN30051924.

MANSIONS EASY INVESTMENT

12 luxury condos in 5 year old condo building in Niagara Falls. 1, 2 & 3 bedroom suites included.

Quality finishes including separately metered gas and hydro paid by tenants. Amenities include underground parking, concierge, indoor pool, party room and guest suites. Prices can be broken down. MLS 30526369 11309332_2716

Please say you saw it in The Commercial Investor

* Sales Representative ** Broker *** Broker of Record

COM_2716.indd 50

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Volume 16 Issue 06

51

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 5700 STANLEY AVE., NIAGARA FALLS

PRESTIGE INDUSTRIAL

2433 REGIONAL RD. 69, LINCOLN

2716_DJW_0026

2716_DJW_2_0060

2716_DJW_1_0059

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

2716_DJW_1_0062

BEECHWOOD 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

2716_DJW_1_0064

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

2716_DJW_1_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

Accelerating success.

Global leadership in real estate solutions.

Please say you saw it in The Commercial Investor

COM_2716.indd 51

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

Niagara Peninsula

2716_DJW_1_0067

2716_DJW_1_00652716_DJW_1_0066

53 REGENT ST., WELLAND

11306014_2716

2016-06-29 5:01 PM

Volume 16 Issue 06

Commercial Real Estate & Business Opportunities

905-641-1110 cell: 289-241-6954

tripodi@sympatico.ca Garden City Realty Inc., Brokerage

Tony Tripodi Broker

10331793_2716

52

INDUSTRIAL * COMMERCIAL * INVESTMENT

Independently Owned & Operated

REDUCED

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 $159,000 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.

2316_DJW_0050

2316_DJW_0051

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

2316_DJW_0053

11277217_2716

Greg Howe Sales Representative

905-935-6838 gamhowe@sympatico.ca

Niagara Region 905-358-9800 | 1-877-357-7346 EXCLUSIVE LISTING 11 BOND STREET, ST. CATHARINES, $1.1 MILLION 22 office Commercial building with over a 7% cap rate. Only $200,000 down payment. Great building with perfect tenants. 90% occupancy rate. Located in downtown St. Catharines area, a stones throw from the new arena and Theatre Arts Center. First time offered, for serious buyers only. Bottom line $1.1 Million.

2716_DJW_0063 Niagara Peninsula

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 IN THE HEART OF THE CLIFTON BUSINESS DISTRICT. Only 30% down payment to qualified buyer.

2716_DJW_1_0018

WANTED: APARTMENTS

20 units and up anywhere in the GTA, Oshawa, Niagara or London area.

Also have 5 more Motels for sale priced up to $12.5 Million.

Please say you saw it in The Commercial Investor

COM_2716.indd 52

2016-06-29 5:01 PM

Volume 16 Issue 06

53

Commercial Real Estate & Business Opportunities

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

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

(905) 641-1110 • (905) 563-3330 Toll Free (866) 575-9400 8494906_2716 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES 6 Acres of residential TOP NOTCH, HORSE FACILITY on development land in 10 acres in Pelham. 160' x 65' indoor Jordan Station. arena with great rubber sand Surrounded by the footing, observation deck with large Greenbelt, vineyards & tack room plus 2nd observation orchards. All city services room with kitchen, 4pc bath, 28 stall at the road! Only mins to barn with new windows, outdoor the QEW & all amenities. sand ring & jumping ring, 7 paddocks, pond, hay mow, $2,999,800 separate hydro meter for barn. Tastefully renovated bungalow with addition. Attached double car garage.

1 1/2 storey vinyl sided 3+1 Ceramic front foyer to open concept dining and kitchen bdrm home. Large eat-in area with vaulted ceiling, island, maple cupboards, kitchen, open concept to living dishwasher, living rm with hdwd floors & bay window, 4pc rm. 2 bdrms on main, 30 ft x 23 ft m a s t e r b d r m u p w / g a s bath, 3 bedrooms up & hdwd floors, main floor laundry, fireplace. Finished 1 bdrm in- 3pc bath, large 3 season 17x16 sun rm with patio drs, law apt downstairs. 40 ft x 20 ft electric openers & dog wash in garage. Full basement shop w/ 2 oversized garage with rec rm, fireplace insert, 4th bdrm, office, wine cellar, doors, insulated, gas heat + storage rm, central air, separate 100 amp service. Asking hydro. In-ground pool, hot tub. $299,800 $699,800

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

For Lease

Vine and Carlton St. Catharines

1716_DJW_8003

Brokers Protected

Sedimar Developments Ltd.

11307613_2716

Niagara Peninsula

1-888-984-8716

Please say you saw it in The Commercial Investor

COM_2716.indd 53

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BUSINESS INVESTORS

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

BUSINESS INVESTORS

The perfect place to list all of your businesses opportunities

For advertising

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

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

NewSectionPages_FullColor2015.indd 15 COM_2716.indd 54

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55

Commercial Real Estate & Business Opportunities

9649286_2716

Business Investor

Volume 16 Issue 06

Please say you saw it in The Commercial Investor

3:48 PM

COM_2716.indd 55

2016-06-29 5:01 PM

56

Commercial Real Estate & Business Opportunities

Volume 16 Issue 06

Business Investor

We will continue this in the next issue of the Commercial Investor 11289457_1716

Please say you saw it in The Commercial Investor

COM_2716.indd 56

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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.

BURLINGTON FOR LEASE $20.00 PER SQUARE FOOT

FOR LEASE - $20.00 PER SQUARE FOOT

HAMILTON FOR LEASE $6,500.00 PER MONTH

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

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

2716_DJW_0006

Location, location, location, Central Mountain. Long established, fully functional. Fully equipped 5 Bays hoist auto repair shop available for lease. Rent includes TMI, tenant to pay utilities. Minimum one year lease required.

Turnkey operation. For viewing, list of equipment and more information pls contact Mazhar.

2716_DJW_0007

2716_DJW_0005

SALVAGE & WRECKING YARD - $899,000 - ALSO AVAILABLE FOR LEASE

PLAZA FOR SALE

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.

2716_DJW_1_0041 2716_DJW_1_0017

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.

2716_DJW_2_0085

8148414_2716

905.929.9800 647.609.9463 905.574.6400

EAST HAMILTON

RE $4 DU 9, CE 90 D 0

BURLINGTON BUSINESS FOR SALE

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

2716_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.

2716_DJW_2_0018 2716_DJW_1_0019

VACANT LAND $3,500,000

BURLINGTON - $74,900

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.

2716_DJW_1_0006

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. 2716_DJW_1_0021

BUSINESS FOR SALE - $179,900

HAMILTON $249,900

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

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.

2716_DJW_1_0061

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. 2716_DJW_1_0013

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.

2716_DJW_1_0011

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inthenews

TECH ADVANCES A DISRUPTIVE FORCE ON THE TRADITIONAL COMMERCIAL REAL ESTATE INDUSTRY

N

ew technologies are changing the way we live, work and play.

At the same time, innovations in material science, construction technology, building operating systems and finance are set to upend the staid commercial real estate market, delivering higher performance, lower cost and reconfigured solutions to the marketplace. Those industry professionals who ignore such advances will risk becoming irrelevant in the “smart” cities of the future.

The process-technology revolution – the application of data analytics, hardware and software innovation and disruptive business models – may have the greatest effect of all on the real estate services industry. Investors and occupiers need to understand how to identify properties that will contribute the most value to the workplace as well as to the bottom line. That means having managers and advisors in place who not only understand the trends at work, but recognize their strategic significance in creating real estate portfolios that are relevant, forward-thinking and built to last.

These are some of the key trends noted in Avison Young’s Topical Report “Technological Disruption and the Real Estate

Industry: How Technology is Changing Our Business and Opening a World of Opportunity”, released recently.

“This topical report is intended to help institutional investors and their service providers gain a better grasp of the range and impact of these – and many more – forthcoming technology innovations,” comments Amy Erixon, Avison Young principal and managing director, Investments, who authored the report.“We examine four critical areas: software and hardware innovation, construction and materials engineering, process technology, and smart cities infrastructure and policies. The report provides examples to illustrate how change and disruption will manifest, and discusses how the convergence of various technological applications can result in profound progress and significant investment opportunities.”

The report notes the computational abilities currently being embedded in buildings and how infrastructure can be augmented with wireless sensors to provide automated monitoring, analysis and control of virtually any metric with or without human intervention. The report concludes that technological disruption and transformation will, or certainly should, alter investment portfolio criteria – and those criteria must be clearly, deeply and strategically understood by decision-makers.

“Buildings and cities of the future will be smarter, Greener and more dynamic,” adds Erixon, who is based in Toronto.

“Implications for the existing building stock are vast. Companies and industries looking to lead will leverage technological change to come out on top.”

Avison Young is one of the world’s fastest-growing commercial real estate services firm. avisonyoung.com

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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 • Approved for $3.1M mortgage

$5,495,000

2316_DJW_0040

PRESTIGE INDUSTRIAL MULTI UNIT PLAZA

MEDICAL BUILDING / RE-DEVELOPMENT

DIXIE/DUNDAS AREA MISSISSAUGA

BELLEVILLE

• 12 Units • 28,320 sq. ft. building • 1.78 acres land parcel • Fully leased with long term tenants

• Many recent improvements • Net operating income $192,500 • Principals only

• 30,000 sq. ft.

• Across from the Moira River • Re-development for Hotel / Retirement Home / Apartments • Seller will hold 1st mortgage @ 20% down

$3,399,000

$875,000

INDUSTRIAL COMMERCIAL PLAZA - 7.5 CAP

TAXI BUSINESS WITH PROPERTY

INDUSTRIAL COMMERCIAL PLAZA - 7.5% CAP - BRANTFORD

COBOURG

• New Construction • 9 units for sale • Rent GUARANTEE • NET INCOME $150,000 • Principals Only

2716_DJW_0059

• 1.5 acres commercial land • 2000 sq. ft. building • 12 taxis • Permit for 21 taxis for Cobourg / Port Hope • Seller will hold 1st mortgage

$1,999,000

$925,000

2316_DJW_2_0075

2716_DJW_0060

LAND PARCELS IN FORT ERIE 184 ACRES $7,990,000 Residential Zoning Access from Niagara Parkway Next to Golf Course 900+ homes subdivision possible

SOLD

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_2716

SELLER WILL HOLD BACK MORTGAGE

NEAR MULTIPLE BOARDER CROSSINGS TO USA

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

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legallyspeaking

Are ASSETS or SHARES your best bet?

By Jayson Schwarz and Konstantine Chaztidimos

W

hen you are about to either buy or sell a business, you need to think about whether you are going to buy the shares of the company in which you have the interest, or buy its assets pursuant to the Bulk Sales Act.

The assets usually include the physical plant and equipment of the company, as well as its name, goodwill, receivables, etc.

This decision on which way to go will impact the tax positions of both sides and dictate the legal form which the transaction will take. A share sale is usually preferable from the vendor’s perspective, while asset purchases are normally more attractive to buyers. These opposing preferences are created by two primary issues; legal liability and tax consequences.

Legal liability is the main issue to be canvassed by prospective purchasers.

Purchasers must be aware that when acquiring the shares of a corporation, they are buying an entire company along with its full slate of assets and liabilities. This “warts and all” approach means that the corporation’s complete past history is also included in the bargain. If, for example, there is anything in the corporation’s past that could trigger a lawsuit – be it tax, product, environmental or employee liability – the purchaser may have bought this headache along with the business.

These risks can be minimized, however, by engaging a lawyer to perform what is known as “due diligence.” Due diligence involves procedures such as checking for registered claims or potential liabilities and confirming compliance with the relevant taxing authorities. An agreement which addresses any possible future issues and which specifies how they will be handled would then be prepared by the lawyer.

Be advised, however, that a contract

is only as good as its contracting parties. If one of the parties defaults on its responsibilities the only practical recourse available to the other is to sue; a generally costly and unwelcome undertaking.

The second issue to consider in deciding what form the commercial transaction will take is the tax consequence to each of the parties. When individuals sell shares of a Canadian controlled private corporation, any gain on the sale is deemed a capital gain for income tax purposes and, hence, is only fifty (50) per cent taxable.

Moreover, all individual taxpayers are allowed a tax-exempt lifetime maximum of $750,000 on this form of taxable gain. Thus, it is clear to see how vendors would prefer the share sale approach, particularly if they qualify for any or all of this $750,000 lifetime exemption.

Conversely, if the transaction is structured as an asset sale, there will be two levels of taxation that attach to the vendor: (i) firstly, when the corporation sells its assets; and, (ii) secondly, when the corporation distributes the proceeds to its shareholders.

Prior to the shareholder distribution, there is also typically some amount of ordinary income taxable in the hands of the corporation. Specifically, where equipment has been depreciated on the books of the vendor to an amount less than that is allocated to it on the sale, there will be a recapture of capital cost allowance on that depreciable property. There may also be profit realized on the sale of the inventory. As such, asset sales tend to result in more taxes and less net proceeds going to the vendor.

Buying shares means that the purchaser will be stuck with the depreciated cost in the company’s books of the depreciated asset irrespective of the value paid for the shares. If, however, the transaction proceeds by way of asset purchase, such deductions would be based on the purchase price allocated to the asset.

Generally purchasers prefer asset purchases and vendors prefer selling shares. The balance is reached through negotiation and careful drafting. So be careful and find the right lawyer to help you navigate through these dangerous waters.

It should be noted that this article only touches on but a few of the issues inherent in the asset versus share sale discussion. For a thorough understanding on the intricacies of either form of transaction, we recommend you seek the professional advice of a lawyer and accountant to ensure that the transaction you seek is structured to maximize your interests.

Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please send letters to the magazine or to us. Use the website (schwarzlaw.ca), email (schwarz@schwarzlaw.ca), or phone us at 1-888-6098888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.

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

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8468583_2716

Don Rankin

Norm Merz

Broker

Sales Representative

905-575-5478

donrankin@remaxescarpment.com

YOU BE THE BOSS....Almost 2 acres, corner property zoned commercial, includes approximately 3000 sq. ft. building on 2 floors, less than 10 yrs old.

High end finishes, walk-in cooler, walk-in freezer, 3 phase wiring, stainless steel working areas, poured concrete floor, government approved (food grade) septic. Was a butcher shop and bistro, well known and successful. Busy intersection of #7 and #12 Wellington Roads, on route to cottage country in the Bruce Peninsula. Beautiful modern apartment for owner, manager or just extra income.

Quality construction and pride of ownership is abundantly obvious. Lots of possibility, clean, newer, flexible design, fenced poured concrete patio....BRING YOUR IDEAS....Asking $529,900. Call Don Rankin or Norm Merz.

2716_DJW_0012

4 BAY SELF SERVE CAR WASH. LOW MAINTENANCE BUILDING. 4515_DJW_0080

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_2716

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11309500_2716

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 Dave Bratt

Sales Representative

dave.bratt@century21.ca

519.532.5375

Woodstock: 871 Dundas St. | 519.539.5646

inthenews

EXEMPTING ONLINE US RETAILERS FROM CANADIAN TAXES AND DUTIES WOULD HURT, NOT HELP LOCAL SMES

R

aising the de minimis threshold – the maximum price an imported product can be worth before being subject to sales taxes or duties – would hurt Canadian small retailers and put them at a strong competitive disadvantage, according to the Canadian Federation of Independent Business (CFIB).

The C.D. Howe Institute released a report supporting an increase in the threshold to $80, $100, or $200.

“I had a good laugh reading the claim that Canadian smalland medium-sized firms would be the big winners by

raising the de minimis threshold for American online retail sales. This would mean a Canadian firm would have to pay duties and charge as much as 15 per cent sales taxes while US online retailers would be exempt,” said Dan Kelly, CFIB president.“How is creating a competitive disadvantage for Canadian businesses in the national interest?”

“We’re all for leveling the playing field – but let’s make sure it’s truly level. Small firms are strong supporters of free, but fair, trade, but if we’re going to raise the de minimis threshold, let’s exempt sales taxes and duties for Canadian retail sales on all items $200 or less,” added Kelly.

CFIB is Canada’s largest association of small- and mediumsized businesses with 109,000 members across every sector and region.

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11301409_2716

“WE PRODUCE RESULTS”

Free CMA Evaluation 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

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

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

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 – Dunnville $65,777 - 1.22 acres corner lot -- MLS# H3169751

8302229_2716

Residential rural building lots with all necessary amenities.

Minutes to waterfront and beaches of Port Maitland. MLS #H3169648

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.

BUILDERS DELIGHT $65,777

2316_DJW_0047

1019 WILSON ST ANCASTER

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COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_2716

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 1716_DJW_0055

D L O S

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

PRIME YORKVILLE LEASE

0916_DJW_3_0071 CENTRE LEASE SPACE

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. 2716_DJW_1_0003

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 416-5547653.

EXCELLENT MARKHAM

Well over $1 million in well-appointed leasehold improvements!

This prime GTA location is the opportunity of a lifetime to own and operate your own restaurant! Featuring a warm and friendly atmosphere where you can provide a memorable dining experience for your customers. $388,000. Call Peter 416-606-7882 KENNEDY RD - RETAIL 0916_DJW_3_0071 SPACE

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 2716_DJW_1_0060

INVESTMENT OPPORTUNITY! 0916_DJW_3_0071

Presenting Aspen Ridge's "Scenic on Eglinton" luxurious 1+1 bdr, with 9 ft. ceilings, huge master, granite countertops, large den, oversized balcony+++ Nestled on the future Eglinton LRT line and backing on park with long-term tenant willing to stay at $1400/mo. $368,800.

Call Matt:647-500-7708 2716_DJW_0019

MAIN/DANFORTH - MEDICAL

0916_DJW_3_0071 OPPORTUNITY!

2716_DJW_1_0118

LAWRENCE AVE - RETAIL/

0916_DJW_3_0071 INVESTMENT

0916_DJW_3_0071 OFFICE SPACE

1 acre + of PRIME Markham land! Bullock/ Markham Rd. Potential development site!!

Ravine property! Industrial area! $638,800.

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. 2716_DJW_2_0004

2716_DJW_1_0091

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

• Partner with Top-Tier GTA Developers • Get Developer Returns!

• Call George Politis 416-554-7653

11276415_2716

RESTAURANT FOR SALE IN MAJOR PLAZA WITH AMPLE PARKING!

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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PRO FUNDS MORTGAGES BURLINGTON ONTARIO

OFFERING FINANCING TO REAL ESTATE INVESTORS FOR 2 DECADES

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SECOND MORTGAGES UP TO 95% LTV* AT ONLY 5% APR THROUGH PRO-FEPTM EQUITY PROGRAM *certain conditions apply (oac)

Your Real Estate and Mortgage Investment Specialists

1.888.330.3866

www.profunds.ca

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

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