Commercial Investor - 30 Jul., 2016

Jul 30 - Aug 27, 2016, Volume 16 Issue 07

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! $1,030,000

CHESLEY - RESIDENTIAL SUBDIVISION - $890,000

30 ACRES

2786 KING ST. E., KITCHENER

• • • • • •

1.3 acre redevelopment site Includes vacant land at 1401 Weber St. E. Zoned C-6 (Commercial) Great location close to Hwy 8 with excellent exposure Total potential annual income of $64,800 Exclusive Listing

Call Neil Koebel, Broker of Record CMA Realty Ltd., Brokerage 519-578-0337

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

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

6,242 SQUARE FEET FREESTANDING, BURLINGTON

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

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

FREE SUBSCRIPTION!

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Clean, one dock door, 17 feet clear height, 1500 sq. ft. office area.

Near Appleby Line / Harvester Road.

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

FC_3116 (COM)

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

2016-07-28 2:24 PM

STONEY CREEK INDUSTRIAL LAND

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

3116_DJW_0055

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

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 3116_DJW_1_0011

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 3116_DJW_1_0010

BRAND NEW COMMERCIAL CONDOS

ATTENTION LAND OWNERS WE NEED DEVELOPMENT LAND PLEASE CALL US

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.

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DEVELOPMENT OPPORTUNITY - HAMILTON

3116_DJW_1_0899

BUILDING FOR SALE/UNIT FOR LEASE - HAMILTON EAST

BRAND NEW COMMERCIAL CONDOS - GRIMSBY

• • • •

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!

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FOR LEASE - GRIMSBY WITH QEW EXPOSURE

• • • • 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.

3116_DJW_4_0048

• 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.

FOR LEASE

$16 PER SQ FT PLUS $4 TMI/CAM

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.

3116_DJW_1_0866

• 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

3116_DJW_2_0006

• • • • •

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

3116_DJW_1_0007

FOR LEASE

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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3116_DJW_1_0039

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 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

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

• • • •

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

• 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

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

±44.27 Acres M-4 Heavy Industrial Zoning Well positioned for future industrial/business park Asking $3,900,000

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

Large Contiguous Industrial Parcel Cambridge, ON

Industrial Investment Opportunity

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

• • • •

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

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

• • • •

Income Generating Retail Plaza London, ON

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

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

Vacant Land Windsor, ON

11284449_3116

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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SOUTHWESTERN ONTARIO

COMMERCIAL OPPORTUNITIES

ANDREW JOHNSON, Sales Rep andrew.johnson@cushwakeswo.com 519.438.5588 Ext. 230

PRIME DOWNTOWN LOCATION 1255-1273 Ouellette Avenue Windsor, Ontario

STAND ALONE OFFICE BUILDING 73 Meg Drive London, 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

4,037 Square Feet Zoned LI6 and LI7 Light Industiral zoning provides for a variety of uses The adjacent land is also available contact listing agents for details ASKING $1,299,000 LEASE RATE $23.95 Gross

TYLER DESJARDINE, Sales Rep tyler.desjardine@cushwakeswo.com 519.438.5588 Ext. 232

ANDREW JOHNSON, Sales Rep andrew.johnson@cushwakeswo.com 519.438.5588 Ext. 230

PRIME COMMERCIAL LAND 1150-1152 Fanshawe Park Road West London, Ontario GARY POLLOCK, Broker gary.pollock@cushwakeswo.com 519.438.5588 Ext. 222

1.6 acres on arterial road Corner of Fanshawe Pk Rd E and Stackhouse Avenue Corner location - zoned commercial and restricted office Asking $1,500,000

EXCELLENT INVESTMENT OPPORTUNITY

Free Standing, Multi-Unit Building

45 Meg Drive - London, Ontario

TYLER DESJARDINE, Sales Rep tyler.desjardine@cushwakeswo.com 519.438.5588 Ext. 232

Located on Meg Drive, just off Exeter Road in South London 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

JAMESON LAKE, Sales Rep jameson.lake@cushwakeswo.com 519.438.5588 Ext. 240 BRENT RUDELL, Broker of Record brent.rudell@cushwakeswo.com 519.438.5588 Ext. 236

ATTENTION INVESTORS !

2679 Howard Avenue - Windsor, Ontario 93,000 sf - freestanding building

ANDREW JOHNSON, Sales Rep andrew.johnson@cushwakeswo.com 519.438.5588 Ext. 230

- Industrial/warehouse/office facility

7.05 Acres Approx. $150,000 Net Income with excess vacacny Asking $2,950,000

COMPLETELY RENOVATED INCOME PROPERTY 8 Plex with Main Floor Commercial

2 Front Street West - Strathroy, Ontario DAVID JONGERDEN, Sales Rep david.jongerden@cushwakeswo.com 519.438.5588 Ext. 242

DAVID JONGERDEN, Sales Rep david.jongerden@cushwakeswo.com 519.438.5588 Ext. 242

Builidng has been completely renovated inside and out Main Floor Commercial Tenants 1 - 2 Bedroom Apartments 5 - 1 Bedroom Apartments 2 - Bachelor Apartments High end finishes in all the units 100% Occupancy ASKING $1,200,000

www.cushwakeswo.com

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HAMILTON

LONDON UP

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LD SO M! FIR

• Asking $1,699,000

• 3 x Bachelor

• Asking $80,905 per Suite • Approx. 85% of All Units Have Updated Electrical and Plumbing

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

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

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

• Brick Balconies

• 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

21 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

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12 SUITES

BELLEVILLE ICE PR CED DU E R

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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_3116

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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

226-388-4083

holly@pinehavensolutions.com

PLAZA • 2 acres commercial and 1 acre residential • Corner property of 2 main streets • Minutes to Hwy 404 • Opportunity for redevelopment • 5.5% cap at $7.5M

205 KING GEORGE RD, BRANTFORD

BRAMPTON DEVELOPMENT • Heart of downtown Brampton • Main transit hub, theatre, restaurant, etc.

• Shovel ready • Developmentcharges reduced + other incentives • High density on 1.73 acres

• • • • • • •

DEVELOPMENT LAND • 16.5 acres - 9.5 acres buildable • Final stages of draft plan approval • High to medium density + commercial component • North of 19th Avenue - York Region • $25.5M DEVELOPMENT LAND ON YONGE • Over 1 acres of land • Great exposure - residential and commercial • Richmond Hill • $6.5M

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

RESIDENTIAL LOTS & DEVELOPMENT PROPERTIES AVAILABLE IN PARIS LOOKING FOR MULTI-RESIDENTIAL PROPERTIES

247 CENTENNIAL PARKWAY N., HAMILTON

QEW & CENTENNIAL PARKWAY 45 GODERICH

OFFICE SPACE

COMMERCIAL/RETAIL/ OFFICE SPACE

OFFICE RETAIL SPACE

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

From $12.00 per sq. ft. gross.

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

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

Available Immediately.

918 - 2457 sq. ft.

Plenty of parking and signage.

Easy access to QEW. Rent from $11.00 per sq. ft.

8 MAIN ST. E., HAMILTON

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1715_DJW_1_7007

905-777-0252 ext 304 E-mail:

info@desantis.com

www.desantis.com

8148088_3116

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

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

2716_DJW_0025

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

24 KING ST E, KITCHENER

$19 & $25/SF

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• Beautiful restored bldg in downtown Kitchener • 1,580 sf Upper level $25/ sf with 540 sf rooftop patio • 1,370 sf Lower level with open space at $19/sf • Zoning allows many uses • Close to courthouse and new LRT • Call Chris McFarlane

$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

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• 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

2716_DJW_2_0029

East Galt • Close to Moffat Creek • Exclusive Listing • Call Duncan McLean

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

$309,900

2716_DJW_2_0028

• Coming Soon!

• Heritage property on 3.915 acres • Zoned R4 (H) • Development potential in

288 & 292 OTTAWA ST S, KITCHENER

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

• Call Ryan Briggs

#8 - 160 FROBISHER DR., WATERLOO

3116_DJW_0043

961 DUNDAS ST S, CAMBRIDGE

• 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

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$950,000

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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_3116

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

Chris@cmarealty.ca 7G

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SOUTHWESTERN ONTARIO INVESTMENT TEAM

SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities Office Building For Sale or Lease Kitchener, ON

Townhouse Development Land Brantford, ON

• ± 28 Townhouse site • Ravine cul-de-sac setting • Asking $1,200,000 ($48,857 per unit)

• • • •

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

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

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

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

Flex Condo Office with Warehouse Space Waterloo, ON

4.29 Acres; 46,396 sq. ft. office building • Total unit size: ±6,200 sq. ft., Office: ±3,200 sq. ft., Industrial: ±3,000 sq. ft.

1 Acre excess land for potential sale/development Located in Huron Business Park • Zoned M2 Asking $6,500,000 (sale); $10.95 psf NNN (lease) • Sale Price: $535,000

Commercial Development Land London, ON

• • • •

11276500_3116

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

Office/Retail Complex Windsor, ON

Land Opportunity

Wilmot Township, ON

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

• 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

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

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

Multi-Tenant Building For Sale Kitchener, ON

King/Northfield Industrial Opportunity Waterloo, ON

Vacant Land Windsor, ON

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

• 3.67 Acres • Commercial CD2.2 zoning • Zoning provides for an abundance of retail/ commercial options

• • • •

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

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

Will Hunter**, BBA Dietmar Sommerfeld**, CCIM 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

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

Asking $2,200,000

* 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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n”) the ket ghts 11305825_3116

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Corrie Veenstra, Broker Niagara Falls, ON 905.357.1700 • www.revelrealty.ca

Commercial/Industrial Sales & Leasing Cell: 905.932.6124 corrie@revelrealty.ca

FOR LEASE - 3 UNITS LEFT

$350,000 - NIAGARA FALLS

$1,300,000 - ST. CATHARINES

New Plaza at Lundy's Lane and Garner Rd. Commercial/Retail/ Drive thru opportunities available. Plaza is in close proximity to new residential. Highly visibile with lots of surface parking and attractive rates. Pylon signage available. Over 20,000 cars pass this site every day. Current tenats include Real Estate Firm, Lawyer, Mortgage Agent, Home Builder, Nail Bar. 3116_DJW_0010

Approx. 0.8 acres of vacant general industrial land for sale on the busy corner of Beaverdams Road and Kalar Road. High exposure corner location, right across from newer residential development.

Municipal water on site. Sewer to be brought in. Lots of possibilities exist.

3116_DJW_0011

Approx. 4.2 acres for sale on Mitchell St., off of Eastchester Ave., and backing on to Yale Crescent. Zoned R2- Low density residential, traditional neighbourhood. Allows for detached dwelling, semi-detached, townhouses.

3116_DJW_0012

$12 PSF NNN

$24 PSF NNN

INDUSTRIAL SPACE - ST. CATHARINES

Prime retail units for lease on busy Lundy's Lane, right next to Tim Hortons, near Kalar Road. Over 20,000 cars a day pass this site. Great exposire in busy retail plaza with on-site paved parking and pylon signage available. 1800 sq. ft. units available or combined for up to 5400 sq. ft. Other tenants in plaza include popular bar/restaurant and salon.

3116_DJW_0013

Prime retail location on the corner of McLeod Road and Montrose Road offering units for lease. Easy close access to QEW, this retail centre is adjacent to the Niagara Square and is surrounded by national tenants such as Lowe's Home Improvement, Starbuck's, Rogers, Co-operators, Pita Pit, Sunset Grill, Harvey's, First Ontario Credit Union and many others. Multiple unit sizes available ranging from 1000 sq. ft. to 3000 sq. ft. +/-. Plenty of on-site paved parking. Future multifamily development proposed adjacent to site.

3116_DJW_0014

Approx. 10,200 sq. ft. industrial space for lease on busy Bunting Road near Welland Avenue. Can be broken up into two smaller units. Grade-level and dock-level doors. Mostly warehouse, some office. Lots of possibilities exist. On-site parking. 3116_DJW_0015

$1,250,000

COMMERCIAL SPACE - ST. CATHARINES

COMMERCIAL CONDO - $375,000 2100 sq. ft. of well-planned and perfectly spread out office space for sale on Schmon Parkway in Thorold. Located in St. Catharines close to Brock University and steps away from a professional business park. This suite is part of a building that has exposure to Schmon Parkway and Merrittville Highway. Easily access Highway 406 at St. David's Road Interchange and other amenities including Niagara Region head office, Four Point by Sheraton Hotel, the Pen Centre and various restaurants.

Two condo units available adjacent to each other.

3 acres of prime industrial/commercial land available for development on the corner of Collier Road and McCleary Drive, with VERY close access and exposure to Highway 58. Site is zoned L1-13 which allows a variety of industrial as well as commercial uses. Lots of residential development underway within close proximity. Land is situated right next to Kaumeyer Paper.

3116_DJW_0016

Prime commercial unit for lease in high-traffic location, corner of Glendale Avenue and Burleigh Hill. Very close proximity to Hwy 406 and near Pen Centre, The Keg, Sobeys, LCBO, new commercial development. Space is approx. 1,100 sq. ft. and situated on main floor. Entire plaza being improved including new paved parking lot, landscaing with sprinkler system, new signage etc. Won't last long.

3116_DJW_0017

$5 PSF - NIAGARA FALLS

$2,100,000 - VACANT LAND

$399,000 - NIAGARA FALLS

Approx. 3800 sq. ft. of basement space available for lease on the corner of Victoria Ave and Simcoe Street. Rest of building has been fully leased. Perfect for storage. Plenty of on-site parking plus street parking. Bus stop directly in front of building. Approx.

7 ft. 2 inch ceiling height. Wide open space (with support beams) with one washroom and one kitchenette. Two entrances into basement. Lease price is gross, utilities extra.

3116_DJW_0019

Approx. 5.14 acres of Industrial Land for sale in the West End of St. Catharines. Directly behind Big Box retailers such as Wal-Mart, Canadian Tire, Home Outfitters, LCBO, Best Buy and many more national tenants and amenities.

One block from new Niagara Health System. Ideally located off of Vansickle Road, or access off Louth Street. Close access to Highway 406. Two separate lots 2.76 acres and 2.38 acres or combine for a total of approx. 5.14 acres. Property is in between Car Wash and Flagro Industries.

Zoned E2-. There are not many industrial zoned lands left in the west end! All services at the street. Land is very close proximity 3116_DJW_0020 to newly announced proposed GO station.

Free-standing building for sale or lease on Lundy's Lane, right near Main Street.

On-site parking in rear plus huge paid parking lot directly across the Street (City of Niagara Falls). Space is currently finished as restaurant space - ready to go! Tons of upgrades to the building in the last couple of years including new roof, HVAC, etc. Includes equipment such as deep fryers, 10-burner stove, prep tables, dishwasher, cooler, tables and chairs - the list goes on. Billboard sign on roof of building generates extra monthly income! Zoning is GC and allows a wide variety of uses.

BLDG F FULLY LEASED

FULLY LEASED

FOR LEASE - FONTHILL

Prime retail/commercial units for lease on the corner of McLeod and Montrose Rd. in front of Lowe's. Approx. 1000 sq. ft. units available. Right near QEW. 3116_DJW_0022

10G

Approx. 1200 sq. ft. available in professional plaza on Hwy 20 near Haist. Prime street exposire. Plenty of on site-parking. Pylon signage. Fully finished office space.

3116_DJW_0023

3116_DJW_0018

3116_DJW_0021

Multiple unit sizes available in this professional plaza on the corner of Hwy 20 and Rice Road. Across from new major development. Space is newly built and features office/ commercial space on first or second floor. Equipped with fibre optic, elevator, tons of natural light, brand new paved parking.

3116_DJW_0024

11309937_3116

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Volume 16 Issue 07

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Special Features 10 IN THE NEWS — Council of the “new and improved” federation: Premiers agree on trade 14 IN THE NEWS — RBC PMI: slowest improvement in business conditions for three months in June 16 BUSINESS BAROMETER — Small business confidence cools in July 26 MONEY SENSE — How to become a smarter investor 36 TREB REPORT — GTA Realtors releasequarterly commercial market figures 42 MONEY SENSE — Have an investment? Here are three things you need to know 44 MARKET INSIGHT — Morguard research report says foreign investors continue to seek stability in Canadian commercial real estate 52 MARKET INSIGHT — Toronto is world’s second hottest luxury real estate market, says Christie’s international real estate report GLOSSY SECTION EDITORIAL 12G LEGALLY SPEAKING — Tenant default . . . What can a commercial landlord do?

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Commercial Real Estate & Business Opportunities

Volume 16 Issue 07

KITCHENER, WATERLOO & GUELPH

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

KITCHENER, WATERLOO & GUELPH SECTION COVERING: Cambridge Durham Elora

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Volume 16 Issue 07

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_3116

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

$ 3116_DJW_1_0006

310 KING STREET NORTH, WATERLOO

850,000

• Over $68,000+ Gross Annual Income Available • City Approved, Rental Licensed Operation Fourplex (10 rental bedrooms) • Opportunities abound: Run as is - enjoying exceptional student income • Parking for six vehicles • Steps to future LRT Station (2017) and Waterloo Park • Easy walk to Uptown, University of Waterloo, WIlfrid Laurier University, Perimeter Institute and CIGI • MLS 3116_DJW_1_0002

7-451 ALBERT STREET, WATERLOO

239,990

$

3116_DJW_1_0070

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

699,900

3116_DJW_1_0074

$

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

$ 3116_DJW_1_0031

• 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 3116_DJW_1_0004

3116_DJW_1_0069

90 MCDOUGALL ROAD, WATERLOO

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

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

3116_DJW_1_0071

392 ERB ST. W. WATERLOO

67 CARDILL CRESCENT, WATERLOO

499,900

• $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

$

$ 3116_DJW_1_0094

13 AVONDALE AVENUE SOUTH, WATERLOO

599,900

1,160,000

$

• $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

$

$

3116_DJW_1_0666

379 ERB STREET WEST, WATERLOO

52 NOECKER STREET, WATERLOO

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

899,900

• $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

319,900

3116_DJW_1_0014

BRIDGEPORT LOFTS, WATERLOO

• Unit 6 - $299,900 - 4.80% Cap, MLS • Unit 20 - $389,900 - 5.22% Cap, MLS 3116_DJW_1_0101

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6

Commercial Real Estate & Business Opportunities

Volume 16 Issue 07

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 $12.50/SF · MLS:30504305 · Kitchener 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 8,991 SF · 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 New Building, High Visibility, Free on‐site 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 parking. John Hoffman*/ Gary Boudreau* 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 · Kitchener James Boudreau**/Gary Boudreau* w/ residential on 2nd floor or 100% commercial standing retail destination in downtown Main floor Commercial/Professional Office Space 2nd Floor Unit. Located very close to the New Provin‐ 1,114 SF · $12.00/SF Net · MLS:30524639 · Lester Tobin* Phone: 519‐743‐5211 Kitchener for over 80 years! Excellent location Kitchener · Looking one to two general 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 on high profile corner. John Hoffman* cial Courthouse and downtown Kitchener amenities. 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 prac��oners to take over a medical office of a 1,586 James Boudreau**/ Gary Boudreau* e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial office user. Colin Vogel* 1,586 SF 0.12 Acres · T $899,000 · · · IKitchener · T Unique High Profile $26.00/SF Net · MLS: 839 SF· $12.00/SF ·MLS:KW1537515·Kitchener re�ring doctor. The office includes 4 fully R1737/1745 905 to 1,488 SF · 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 MLS: 30501737/30501745 · Kitchener

Unique Location. Corner Lot. Located beside farmers equipped office, exam rooms, built in recep�on area, 30518099/30502663/30502665 Kitchener Finished 736 SF· $75.00/SF Net· MLS: · KW1534274 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* wai�ng room and washrooms. Located in busy MLS:30508545 New retail plaza on corner of Fischer Hallman and Waterloo Indoor mall · style on two levels. use. Gary Boudreau*/James Boudreau** · Excellent for Owner/User.

28,100 SF · · $1,850,000 Exclusive · Kitchener to Kitchener Farmers Market,1 block from beside farmers market. Lester Tobin* retail plaza with a Shoppers Drug Mart.

Seabrook Dr. High exposure ‐ high traffic.

Ample High pedestrian

and traffic location.

Good Also for Lease $8.75/SF MLS 30504455 · Long new LRT stop. Total space can be demised to Potential 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* Lester Tobin* tenant support. Lester Tobin* on site drive‐up parking. Lester Tobin* 1,200 SF · $1,600/Mth · MLS : 30503820 · standing retail destination in downtown 7 , 7 1 2

S F · $895,000 · Cambridge · MLS: approx.

2,500 SF, 2,000 SF. Underground R E T A I L / O F F I C E

I N V E S T M E N T

F O R

S A LE

2nd Floor Unit. Located very close to the New Provin‐

30506322 Retail/residential Owner/User Kitchener for over 80 years! Excellent location 10,704 SF · R$2,195,000 · Por MLS:30508545 5,000 SF·$16.95/SF ·MLS:30504304· Kitchener R E T A I L

O R E D E V E L O M E N T

S I T E 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 KITCHENER PLAZA RETAIL/OFFICE SPACE property.

New St Jacobs · Excellent for Owner/User. Potential for 1,586 SF · 0.12 Acres · $925,000 · MLS: 3050 Boudreau**/ Gary Boudreau* New Building, Building, High High Visibility, Visibility, Free Free on‐site on‐site James 839 SF ·

$12.00/SF ·

MLS: KW1537515 8,991 SF· $12.50/SF ·MLS:30504305·Kitchener floor‐ Three apartments. Lester Tobin*

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 Nicely Building, nished units busy shopping centre, High in 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* low common fees, on public transit route, exis�ng 2,550 SF · $12.00/SF ·

MLS:30502295 Pres�ge & very visible office building adjacent 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 tenants include Farmers Li�le Short Stop, KW Gaming, Cambridge store with high to Kitchener Market,1 block from

/5597 · Kitchener · New retail plaza on Huron Rd. OFFICE SPACE AVAILABLE · WATERLOO High pedestrian and traffic location. Good AAA OI DRE LNET A S E / S AI NL VE E S T M E N T Curves, Sco�abank & more. Gary Boudreau* R E T A I L / R FFE SO exposure & high traffic. In downtown Preston.

I ASL E 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:

SF, parking, 2,000 SF. natural Underground drive‐up parking. Lester Tobin* approx. finished, 2,500 ample light

or Owner/User INDUSTRIAL Retail/residential WAREHOUSE FOR LEASE/SALE Parking. James Boudreau**/ Gary Boudreau* 800 SF · $21.00/SF · Waterloo 30506322 5,000 SF·$16.95/SF ·MLS:30504304· Kitchener

throughout.

MLS:30501217 · James Boudreau** 530 SF · $18.00/SF · MLS: 30506783· Kitchener SF(2 units) Upper 13,735 SF · $4.95/SF · $1,050,000 · Cambridge 1,100 SF · $5.50/SF · MLS:30518529 · 30,400 SF · Main 3.09 floor Acres 5,642 · $3,400,000 | $10.00/SF New Building, High Visibility, Free Kitchener on‐site Rare main floor opportunity. High traffic property.

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 B U I L D I N G F O R L E A S E & S A L E MLS# parking. John Hoffman*/ Gary Boudreau*

intersection of University & Bridge. Seconds from High Traffic ‐ High exposure location.

On‐site MLS: 30525493/30525439

·

Cambridge · New New Building, High Visibility, Free on‐site Ample on‐site drive‐up parking. Lester Tobin*

Industrial/Warehouse.

Centrally SF Divisible · 1,975,000 · $12.95/SF facility Hwy 85. Colin Vogel* parking available for Tenant. Lester Tobin* 12,184 finish to food grade, insulated panels, some parking. John Hoffman*/ Gary Boudreau* 2,550 SF 5,947 · $12.00/SF · MLS:30502295 streets.10,400

· Waterloo · Well located located I N Dwith U Sspiral Taccess R I Afreezer, L /off W2 A4 R E H O URoom S E SF 1,770 to SF · $20.00/SF Net · MLS: MLS:KW1521512 equipment, docks to

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 839 SF · $12.00/SF · Kitchener expand. John Hoffman*

AAA OFFICE SPACE MLS:KW1537515 · AVAILABLE · WATERLOO F O R

L E A S E / S A L E

exposure & high traffic. In downtown Preston. are & ·Beautifully included.

MLS: 30508944 · Located at major Paris plaza on Huron Paris · Rd. with high traffic and Existing

Finished office, great for · medical service use.

114,033 SF· furnishings $14.50/SF Exclusive 6,287 SF ·$7.00/SF·MLS:KW1531928·Kitchener 10,000‐20,000 SF · $5.41/SF GROSS · Kitchener Lester Tobin* intersection, ample average traffic drive‐up count 17,500 cars James Boudreau** exposure, on‐site parking. finished, ample parking, natural light Rare to find! 2 drive thru truck bays, one with Gary Boudreau*

INDUSTRIAL WAREHOUSE FOR LEASE/SALE Lester Tobin* daily.

Zoning permits many uses.

MLS: 30512810 · Ceiling height 13’ clear . Two 8’ x throughout.

James Boudreau** 530 SF · $18.00/SF · MLS: 30506783· Kitchener 28,100

SF on 3 oors · $1,850,000 · pit. Tool room attached. Abundant yard space 13,735 SF · $4.95/SF · $1,050,000 · Cambridge

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

S A L E system, 30504533/

surveillance system, sprinklers, Central to many ini�a�ves and improvements Ample on‐site drive‐up parking. Lester Tobin* 114,033 SF ·

$14.50/SF ·

MLS:30514878 High Traffic ‐ High exposure location.

On‐site facility Industrial/Warehouse. Centrally 1,114 SF · $22.00/SF · MLS: 30523827 · 12,184 SF Divisible · 1,975,000 · $12.95/SF 9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener washrooms. Lester Tobin* Beautifully finished, · ample natural light in the downtown core parking, including the city located parking available for Tenant. Lester Tobin* with access off 2 streets.10,400 SF Waterloo · Well located Kitchener · Last unit available w/high exposure in 1,770 to 5,947 SF · $20.00/SF Net · MLS: MLS:KW1521512 7,699 sf 16 dock shipping area. 1,661 sf office

throughout.

James Boudreau**

centre condos & minutes from the transit

Warehouse, 3,335 SF Office. Lester Tobin* 30505595/5597/5598 · Kitchener· New retail office building. Quality finishes throughout. w/drivers centrally located retail plaza. Drive up unit on high new doors, bright, well 16,217 SF area, · $875,000 · MLS: 30511873 hub. Colin Vogel*/ Peter Benninger**

furnishings are included. windowed. John Hoffman* plaza Rd. and Existing traffic Oon residen�al Frd. F Huron I Cin E high FO Rdensity with S A L Ehigh / L Etraffic A S E area.

New Hamburg · Well located just off hwy 7,

6,287 SF ·$7.00/SF·MLS:KW1531928·Kitchener 532 SF · $1,050/mth ·MLS:30526564 · Waterloo exposure, ample drive‐up parking.

Traffic counts over on‐site 40,184 cars.

Strong tenant James Boudreau** well built building on 2 acres of land.

8,500 SF · Main Floor · 8,500 SF Lower Level 3,450 SF · $11.00/SF Gross · MLS: KW1537169 Newly renovated, nished office on 2nd oor Rare to find! 2 drive thru truck bays, one with

Lester Tobin* support. Shoppers Drug Mart, Dollarama, $995,000 · Simcoe · MLS:30509700 · pit. Tool room attached. Abundant yard space Ceilings from 13’ ‐ 18’ clear. John Hoffman* SF on 3 oors · $1,850,000 · Kitchener · Clean industrial space, finished KITCHENER PLAZA RETAIL/OFFICE SPACE FOR LEASE 28,100 winning building avail. in well known, award Sco�abank, Swiss Chalet and many more. Centrally in the heart of 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** for sublease.

Large windows, plenty of natural Lester Tobin* County. Poten�al for ver�cal growth. INDUSTRIAL WAREHOUSE FOR LEASE/SALE 30500085/899/903· Nicely nished units in busy High Traffic ‐ High exposure location. On‐site Central to many ini�a�ves and improvements

light. High traffic intersec�on sees almost 9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener 13,735 SF · $4.95/SF · $890,000 · Cambridge shopping centre, low common fees, on a public Colin Vogel*/Peter Benninger** in the downtown core including the city 21,775 SF· $4.50/SF ·MLS:30505583·Kitchener parking available for Tenant. Lester Tobin*

752 SF ‐ 26,000 SF · From $18.00/SF · MLS: 40,000 cars daily. 24/7 electronic reader board 7,699 sf 16 dock shipping area. 1,661 sf office Freestanding facility Excellent manufacturing · and/or warehouse transit route, exis�ng tenants inc.

Short Stop, centre condos & minutes from the transit MLS:30530747/30530740

I N V E S TAvenue.

M E N TIdeal F O Rfor S professional ALE w/drivers area, new Centrally doors, and bright, well 30529258/9248/9120 · Breslau · New Retail on University Industrial/Warehouse. located with facility.

Good power, loading parking.

KW Gaming, Curves, Sco�abank & more. hub. Colin Vogel*/ Peter Benninger** O F F I C in E a FO R S A Lunderserviced E / L E A S E area. office or personal services. Colin Vogel* windowed. John Hoffman* Development growing,

R. Blake Hull* access off 2 streets.

10,400 SF Warehouse, James Boudreau**/ Gary Boudreau*

Variety of Uses permi�ed. Pad site with drive‐thru 8,500 24,860 SF ·SF·$3,900,000 · SF MLS:30504066 Main Floor · 8,500 Lower Level 3,450 SF · $11.00/SF Gross · MLS: KW1537169 3,335 SF Office. Lester Tobin*

6,994 SF· $7.00/SF ·MLS: 30506432 · Kitchener 800 SF · $21.00/SF · MLS:30501217 · Waterloo Kitchener· Non‐designated heritage building is available. James Boudreau**/ Gary Boudreau* $995,000 · Simcoe · MLS:30509700 · Kitchener

KITCHENER PLAZA RETAIL/OFFICE SPACE FOR LEASE · Clean industrial space, finished Clean space, good mix of office space w/light

Rare main floor opportunity. High traffic in Downtown core. in 3 floors of approx.

8,000 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**

I N V E S T M E N T

F O R

S A L E

manufacturing and assembly space. Easy 3,200 SF · $15.50/SF · MLS:30525672 · Cambridge intersection of University & Bridge.

Seconds SF each.

Many uses, tech to retail.

30500085/899/903· Nicely nished units in busy County. Poten�al for ver�cal growth. Rare to find! 2 drive thru truck bays, access to expressway. Roman Ginzburg* Zoning C2, Ample Free Parking, Drive‐Thru. John Hoffman* from Hwy 85. Colin Vogel*

Colin Vogel*/Peter Benninger** 21,775 SF· $4.50/SF ·MLS:30505583·Kitchener one with pit.

Tool room attached. shopping centre, low common fees, on a public

Gary Boudreau** Excellent manufacturing and/or warehouse transit route, exis�ng tenants inc.

Short Stop, Abundant yard space avail. at extra cost. * Sales Representa�ve M U L TIIN V ‐ EISNTDM I S TERNI ATL F O / RR ESSAI DLEEN T I A L facility.

Good power, loading and parking.

KW Gaming, Curves, Sco�abank & more.

John Hoffman* 10,700 SF · $975,000 MLS:30524415 · Kitchener OFFICE FOR SALE/LEASE

** Broker R. Blake Hull* James Boudreau**/ Gary Boudreau*

Selling @ SF·$3,900,000 8% return most · of MLS:30504066 roofs replaced.

24,860 9,360 SF · $6.50/SF · MLS: 30501592 · Kitchener 6,994 SF· $7.00/SF ·MLS: 30506432 · Kitchener Some long term tenants in building place.

800 SF · $21.00/SF · MLS:30501217 · Waterloo Kitchener· Non‐designated heritage 7,699 sf 16 dock shipping area. 1,661 sf office w/ 1,413 SF · $12.00/SF · MLS: 30516996 · Kitchener John Hoffman* Rare main floor opportunity. High traffic in Downtown core. 3 floors of approx. 8,000 Clean space, good mix of office space w/light drivers area, new doors, bright, well Great location for Medical use. manufacturing and assembly space. Easy intersection of University & Bridge. Seconds SF each. Many uses, tech to retail. windowed. John Hoffman* Gary Boudreau* 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_3116

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Volume 16 Issue 07

7

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 · $5,500,0000 · MLS: 30505507 Waterloo Region · Currently Being Farmed. 36 James Boudreau** Acres (+/‐) Residential · $1,000,000 Per Acre· from Hospital. Some new leases condo titled for individual sales. Ideally located LAND AND BUILDINGS FOR SALE distance · Brand New! 100% 100% Call 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. Approx.217 Peter Benninger** coming through in the Spring of 2015! transit route. Eric Reiner* · $4,340,000 · EXCLUSIVE excess land. CR1 zoning provides future E V E L O P M E N T L A N D F O R S A L E 66.58 Ac. Acres D · · $2,200,000 · Hoffman* EXCLUSIVE Former school surrounded by existing single Waterloo John 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 designation industrial. · Peter single SF lots · & $775,000 one 4 · unit townhome lot. Peter Benninger**/Colin Vogel* Income property in desirable downtown Excellent re‐development opportunity.

St Jacobs · Why pay rent?

Excellent Acre of Urban Development Land. Wide location.

Lester Tobin* 1 Close to farmer's market, city hall,

James Boudreau**/ Gary Boudreau* opportunity for Owner/User. Redevelopment 2.8 range of uses permitted. James Boudreau* 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, Brantford traffic, with visibility.

6.60 Acres (+/‐) Commercial/Retail · 2.94 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 steel contact appliances lot our with Part of intensification corridor being studied by stainless 5,498 SF (approx) · $850,000 · Kitchener (+/‐) Residential · $1,000,000 Per Acre · Exclusive

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 EXCLUSIVE · Income potential from buildings. the city. Peter Benninger** Tremendous Opportunity road.

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

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 0.35 Acres · $1,425,000 · Exclusive · Kitchener UUrban S I N E Development S S F O R S ALand.

L E Wide 134 unit retirement homes or opportunity. a 134 unit 1 Acre B Excellent re‐development sales representatives,

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

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 John Hoffman * · E NBoudreau** EXCLUSIVE James 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 James Boudreau ** MLS# 30503036· Multi‐tenant office building.

Approx. 217 Acres · EXCLUSIVE · Waterloo Region 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 Gary Boudreau * · ext. 3029 Centrally located. Zoning & property suitable 1,440 SF· $559,000·MLS: exemptions.

KW1535223 Currently Being Farmed.

Call pkg!

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

R. Blake Hull*

Mike Flynn * · ext. 3037 HIGH Acres DENSITY MIXED USE DEVELOPMENT Harmony Voisin

· ext. 3117 8.28 · $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 in major traffic area. Lester Tobin* Cambridge · Fantastic location to build up to 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 Kitchener.

M3 zoning including residential. Kitchener.

In park MECHANIC the gateway to downtown 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 access to Hwy 401 401 via via Hwy Hwy 8 8 Established setting. John Hoffman* R. Blake Hull* · ext. 3032 Excellent to Hwy since with many 1,440 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 Eric Reiner* · ext. 2099 Peter Benninger**/Colin Vogel* quarter Peter Benninger**/Colin Vogel* restaurant with liquor license and seating for 148 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 8.28 · $1,558,000 · MLS: 4,800 Acres SF (2 bldgs.) · 0.9 Ac. KW1522201 $699,000 · ** Broker Cambridge · Fantastic location to build up to MLS: 30508944 · Paris · Located at major 1,800

· $195,000 ·MLS:30502387 2,000 SF 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 BROKER OF RECORD: · Well established and District. highly Burger kitchen located in University 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

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Volume 16 Issue 07

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

519.742.7000 www.coupalmarkou.com

SALE

48 KING STREET EAST, COLBORNE

SALE

• Exceptional restaurant/pizza business • Building and business included • 2,100 sq. ft.

• $579,900

SALE

835 VICTORIA STREET NORTH, KITCHENER

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

• $1,500,000

MLS

3116_DJW_3_0023

SALE

405 KING STREET NORTH, WATERLOO

3116_DJW_2_0052

SALE

MLS

138 BLEAMS ROAD, KITCHENER

MLS

3116_DJW_1_0051

300 BRIDGE ST EAST, KITCHENER

MLS

MLS

3116_DJW_1_0117

1015-1051 KING STREET EAST, KITCHENER

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

3116_DJW_0058

SALE

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

3116_DJW_3_0021

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

SALE

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

SALE

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

MLS

3116_DJW_0060

54 BRIDGE ST WEST, KITCHENER

SALE

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

3116_DJW_0061

1677 SYNDERS ROAD EAST, PETERSBURG

460 COLUMBIA STREET WEST, WATERLOO

• Rare Opportunity!

• Infill Site • 8.78 acres • $10,750,000 MLS

3116_DJW_0059

Christopher Coupal

John Markou

Theo Papadopoulos

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

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

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

CONNECT

11289418_3116

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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Commercial Real Estate & Business Opportunities

519.742.7000 www.coupalmarkou.com

SALE

584 ONTARIO STREET, STRATFORD

SALE

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

MLS

3116_DJW_2_0039

LEASE

92 KING STREET SOUTH, WATERLOO

• 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 3116_DJW_3_0063

LEASE

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

3116_DJW_2_0032

LEASE

25 INDUSTRIAL DRIVE, ELMIRA

MLS

MLS

3116_DJW_1_0049

LEASE

370 EASTBRIDGE BLVD. WATERLOO

MLS

3116_DJW_0065

120-122 KING STREET NORTH, WATERLOO

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

EXCLUSIVE

3116_DJW_2_0051

535 BELMONT AVENUE WEST, KITCHENER

• Office Space in quaint medical building in Belmont Village • Main floor space • Units from 1,008-1,200 sq ft.

• Lease Rates $11.00-11.50/sq ft. Net MLS

3116_DJW_3_0022

LEASE

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

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

• $14.00 - $25.00/ sq. ft.

SALE

LEASE

• 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.

94 WELLINGTON ROAD 6, ELORA

3116_DJW_1_0050

#3-368 QUEEN STREET WEST, CAMBRIDGE

Kitchener/Waterloo Guelph & Cambridge

Volume 16 Issue 07

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 MLS

MLS

3116_DJW_1_0078

Christopher Coupal

John Markou

Theo Papadopoulos

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

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

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

CONNECT

11287245_3116

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

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10

Volume 16 Issue 07

Commercial Real Estate & Business Opportunities

Elegant spacious Duplex on large lot (65' x 155') with 1 garage + 4 parking spaces and walkout basement. Both units licensed by the City of Waterloo. Close to Columbia Street - a short walk to both universities.

MLS 30531739

3116_DJW_0077

Kitchener/Waterloo Guelph & Cambridge

372 ALBERT ST., WATERLOO - $459,000

Broker

11288908_3116

inthenews

Council of the “new and improved” federation: Premiers agree on trade

S

mall business applauds premiers’ decision to create a stronger economic union. The new framework for internal trade in Canada is a vast improvement over the existing Agreement on Internal Trade (AIT).

The new framework includes:

between provinces, CFIB has identified four key areas for provinces to focus on: WCB RULES – Businesses with workers in multiple provinces have to register with and administer workers compensation programs in each province, even if the workers are only working in a province temporarily.

TRANSPORTATION RULES – Different rules for truck dimensions and signage discourage inter-provincial shipping. For example, trucks crossing from one province to the next needing to pull to the side of the road to change their “wide load” signs.

MANUFACTURING RULES – Different standards require manufacturers to adapt their machinery in order to produce different sized containers for dairy creamers, butter and drinkable yogurt.

A NEGATIVE LIST – all goods and services are included in the agreement unless they are specifically excluded.

A MECHANISM TO RECONCILE RED TAPE BARRIERS BETWEEN PROVINCES – a regulatory body will be set up to address regulatory irritants between provinces.

“While this agreement doesn’t complete the job, it is a huge step forward in creating the transparency that will help us push for even freer trade and less red tape between provinces over time. It is worth celebrating,” said CFIB executive vice-president Laura Jones.

In terms of regulatory barriers to doing business

CORPORATE REGISTRATION – Requiring businesses to register in every province in which they operate is unnecessary extra paperwork that makes many think twice before expanding.

“With Canada’s 150th birthday coming up, I can’t think of a better gift to Canadians than to reinforce the foundation of our economic union by encouraging the free movement of goods, services, investment, and people, across Canada,” said Monique Moreau, director, National Affairs.

CFIB is congratulating trade ministers and premiers across Canada. Once the federal government signs off, CFIB will nominate the agreement for its prestigious Golden Scissors Award.

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

Please say you saw it in The Commercial Investor

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11

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

Volume 16 Issue 07

11236833_3116

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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

St. Thomas Tillsonburg Windsor Woodstock

For advertising

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

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

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13

Commercial Real Estate & Business Opportunities

ANISH SRIVASTAVA,

AJAY SRIVASTAVA SALES REPRESENTATIVE

CPA, CMA

SALES REPRESENTATIVE

Century 21 First Canadian Corp, Brokerage

519-670-4747

416-726-3880

519-673-3390

ajay.srivastava@century21.ca

anishs1@gmail.com

APPROXIMATELY 2700 SQ FT NEAR FANSHAWE COLLEGE/COMING SOON

N

ASKING $419,000 • Commercial space on main which could include bakery, floor with 2 bedroom residential laboraties, pharmaceutical, unit at the rear of the building. research and development, • High basement with washroom commercial recreational, auto and storage space. body shop and repair garage.

• Zoned for light industrial uses • Call Ajay or Anish

ASKING $1,000,000 • Build to suit or purchase.

• Nearly 1.7 acres.

• Zoned RSC 1, 3 and 4.

3116_DJW_1_0056

3116_DJW_0066

LONDON

LONDON

• Four 3 bedroom units.

• Gas heated.

• Separate hydro and gas meters.

• Basement with laundry facilities.

• Parking for 8 cars.

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.

• Can be purchased with 2 additional townhouse complex.

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

3116_DJW_2_0054

ST THOMAS

ASKING $1,000,000 • Excellent investment.

• 11,000 sq.ft. divided into 4 units.

• Large access doors for loading.

• Parking for about 50 cars.

3116_DJW_1_0055

3116_DJW_1_0053

Southwest Ontario

11309498_3116

Volume 16 Issue 07

ONLY $299,000 • 20,000 sq. ft. prime • VTB possible space • Forgiveable loans • 121 foot frontage on possible from City Main Street • Needs TLC • Main floor commercial • 2nd floor apartments 3116_DJW_4_0052 or offices

11007505_3116

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

Please say you saw it in The Commercial Investor

3:47 PM

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2016-07-28 5:03 PM

inthenews

RBC PMI: slowest improvement in business conditions for three months in June

J

une data suggested that the Canadian manufacturing recovery stepped down a gear at the end of the second quarter, with output, new business and employment growth all easing slightly since May. Moreover, new export orders were virtually unchanged in June, which contrasted with the solid contribution to growth seen earlier in 2016.

At the same time, stocks of finished goods dropped at a survey-record pace in June, with manufacturers noting that subdued client demand and uncertainty about the economic outlook had encouraged tighter inventory management at their plants.

A monthly survey, conducted in association with Markit, a leading global financial information services company, and the Supply Chain Management Association (SCMA), the RBCPMI offers a comprehensive and early indication of trends in the Canadian manufacturing sector.

Adjusted for seasonal influences, the RBC Canadian Manufacturing PMI registered 51.8 in June, down from 52.1 in May. Although the index posted above the 50.0 no-change value for the fourth month running, the latest reading signalled only a marginal upturn in overall business conditions and the weakest pace of improvement since March.

“While the slowdown in the growth of manufacturing during June is disappointing, Canadian manufacturers did indicate a marginal upturn in new business volumes,” said Craig Wright, senior vice-president and chief economist, RBC. “Currency weakness and stronger U.S. demand should drive further exports, however growing economic uncertainly means that the roller coaster we’ve experienced recently in the Canadian export market will likely continue,” added Wright.

The headline RBC PMI reflects changes in output, new orders, employment, inventories and supplier delivery times.

KEY FINDINGS FROM THE JUNE SURVEY INCLUDED: •

Output growth eases from May’s 11-month high

•

Marginal increase in new business volumes

•

Stocks of finished goods fall at fastest pace since the survey began in October 2010

A slowdown in output growth from May’s 11-month high was one of the key factors weighing on the headline PMI during June. The latest expansion of production volumes was the weakest since March, which manufacturers linked to softer client demand and efforts to reduce finished goods inventories at their plants. Post-production stocks have now fallen in each month since April and the latest reduction was the steepest for over five-and-a-half years.

COM_3116.indd 14

Canadian manufacturers indicated a marginal upturn in overall new business volumes in June. The latest survey suggested that domestic sales were a key driver of growth, as new export work was broadly unchanged over the month. Higher levels of business underpinned further staff recruitment across the manufacturing sector in June, which extended the current period of net job creation to four months.

However, the pace of employment growth eased slightly since May amid reports of heightened uncertainty about the business outlook and a lack of pressure on operating capacity.

Survey respondents pointed to ongoing supply chain pressures in June, with average lead-times from vendors lengthening to the greatest degree since December 2014.

This was linked to unusually low stocks at suppliers and a marginal upturn in input buying among manufacturers.

Despite a rise in purchasing activity, latest data signalled that pre-production inventories were broadly unchanged over the month, which firms mainly linked to cautious stock policies at their plants.

June data signalled a return to rising factory gate charges among Canadian manufacturers, although the rate of inflation was only marginal. A number of firms noted that subdued underlying demand had acted as a brake on output charge inflation and placed pressure on margins. Moreover, higher steel and fuel prices contributed to a robust rise in average cost burdens in June. The latest increase in overall input prices was the fastest recorded since March.

REGIONAL HIGHLIGHTS INCLUDE: •

Manufacturing business conditions improve in all regions except Alberta & B.C.

•

Quebec and ‘Rest of Canada’ record fastest rises in manufacturing output during June

•

Ontario experiences slowest pace of production growth so far in 2016

“Canada’s manufacturing sector continued to expand in June, as the latest PMI survey points to a sustained recovery in output and staff hiring through the second quarter of 2016.” said Cheryl Farrow, president and chief executive officer, SCMA.“However, manufacturers have seen export growth slow in recent months, reflecting risk aversion and heightened economic uncertainty across the global economy. Worries abouut the business outlook have already weighed on inventory management for manufacturers, with stocks of finished goods falling at the fastest pace for over five-and-a-half years in June.”

The report is available at www.rbc.com/newsroom/pmi.

2016-07-28 5:03 PM

Volume 16 Issue 07

2 minute walk to the beach!

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

Call for details.

11281976_3116

Peter Mullins, CCIM Broker of Record

peter@petermullinsrealty.com 519.642.0200, 200 Queens Ave. petermullinsrealty.com Suite 107 London, ON The Sale, Leasing & Management of Real Property

9128459_3116

Sales Representative

Southampton

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

Southwest Ontario

One of the Best Corner Sites in SW Ontario!

8492999_3116

GRAND BEND, ONTARIO FOR SALE|$2,850,000.00

Cell

15

Commercial Real Estate & Business Opportunities

INVEST IN THE FUTURE Waterfront and urban development suitable for recreational/cottage/ estate lifestyle communities. Some are on or near water, three have an existing income. For a quick start a professional Planning Consultant's land use feasibility is available for all sites. Call today for more information on these lucrative investment opportunities.

• 79 acre resort on Lake Huron near Oliphant, $2.5M • 95 vacant acres in Sauble Beach, $549,000 • 120 acre Golf Course on Wilder Lake in Town of Durham, $2.6 M • 251 vacant acres in Wilder Lake in Town of Durham, $2M • 58 vacant acres in Southampton, municipal services, $3M • 29 acre camp ground on Saugeen River in town of Durham, $1.475M

Fort Erie, Niagara Region

20, 10 and 6 acre vacant urban development parcels.

Serviced or readily serviceable. 6 acres has an approved Draft Plan of Subdivision and the other two are in the process of obtaining an approved Plan of Subdivision.

Call for information on specific sites 3116_DJW_0001

519-755-0830 Office

519-752-9664

michaelhurley@rogers.com www.hurleyrealestate.ca

Michael Hurley BROKER/OWNER

3116_DJW_0002

ASKING PRICE $795,000

Excellent return on Investment for this Cash producing property. Main floor Commercial leased to sucessful restaurant, with 8 residential upper apartments. 10% Cap Rate. Don't miss this one - at this rate of return it won't be on the market for long.

Good Income property.

Gross income $105,000. Expenses $26,410.

Call or email Michael today.

11307494_3116

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16

Commercial Real Estate & Business Opportunities

Volume 16 Issue 07

ROY A. BOYES REAL ESTATE 519.397.0928 boyesre@gmail.com Southwest Ontario

Plaza

National Tenants, 6.5 CAP. $4.7M

Plaza

4 units, Variety Store included. $700,000

Esso Plaza Petro

Gas, Store, 2 Rentals. Ask $1.2M 3.2M litres, Store $700K, Ask $1.8M

Golf Course

18, Gross $2.1M. Ask $5M

Golf Course

27, Gross $3M Ask $9.5M

Hotel Single Tenants

70 Rooms, Full Service, Ask $2.4M TSC Stores, 6.4 CAPS, Corp Guarantee

Retirement Home

50 Rooms, $1M Potential Gross. Try $1.6M

Hotel

50 Rooms plus Restaurant Lease, Ask $2M

Super 8 Golf Course Campgrounds

11253208_3116

Over $600K Gross, Ask $2.2M Gross $650K, Ask $1.5M. South West Ontario $1.6M, $1.7M, & $2.7M. Great Properties

businessbarometer

Small business confidence cools in July

A

fter hitting a high water mark in June, optimism among Canada’s small business owners came back to earth in July, with the national Business Barometer index dipping by more than two points to settle at 57.6.

“Though we see a bit of a dip nationally, we continue to see a slow and steady recovery in Alberta, where small business confidence took a big hit in the last year,” said Ted Mallett, Canadian Federation of Independent Business (CFIB) chief economist.“This is in line with our sectoral index, where we see natural resources businesses more optimistic than they have been since late 2014.”

On a scale between 0 and 100, an index above 50 means owners expecting their business’ performance to be stronger in the next year outnumber those expecting weaker performance. One normally sees an index level of between 65 and 70 when the

economy is growing at its potential.

The downward turn was led by Saskatchewan (51.1), Nova Scotia (58.5) and British Columbia (66.4), with each dipping by three points.

Manitoba (56.4) and New Brunswick (63.3) saw more moderate declines in optimism. Confidence levels in Ontario (61.2) and Prince Edward Island (68.8) were fairly steady, with the latter now topping the country.

Newfoundland & Labrador (50.0) and Quebec (64.1) joined Alberta (46.7) in going upward against the national trend in July.

The most upbeat businesses are found in the finance, insurance and real estate (65.8), health and education services (65.8), and information, arts and recreation (63.0) sectors. Optimism in natural resource-based businesses remains weak relative to other sectors, but does show a marked improvement from lows seen in the past two years.

Short-term employment plans remain less-than-optimal, but businesses expecting to add full-time staff in the next few months continue to outnumber those expecting to cut back.

July 2016 findings are based on 642 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Data reflect responses received through July 19. Findings are considered accurate to +\- 3.9 per cent 19 times in 20.

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

Please say you saw it in The Commercial Investor

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Volume 16 Issue 07

17

Commercial Real Estate & Business Opportunities

George Gicopoulos Sales Representative

SARNIA POUTINERY - $195,000

*Independently Owned and Operated

BUSINESS & PROPERTY - $625,000

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.

3116_DJW_1_0888

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_3116

Royal LePage Triland Realty, Brokerage*

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 3116_DJW_5_0051 at the front.

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.

3116_DJW_1_8001

3116_DJW_1_0042

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.

3116_DJW_1_0241

3116_DJW_1_0250

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18

Volume 16 Issue 07

11291991_3116

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

FOR SALE

$5.00 PER SqFt. BASE RENT

$990,000

Solid brick duplex in South Woodstock on very large lot. 25' x 25' garage with plumbing, heat and washroom. Updated windows and hydro.

2 bedroom apartment on lower level with enclosed sun porch, and 4 bedroom unit with den and sun porch. There is also a granny suite on the main floor. Lots of room for a large family with added income from the 2 bedroom apartment and garage.

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

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

3116_DJW_0062

3116_DJW_3_0032

FOR LEASE

5 HURON STREET, WOODSTOCK

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

3116_DJW_4_0063

1295 square feet of Commercial space for lease on the busiest intersection, the corner of Dundas and Huron Street in Downstown Woodstock, leasehold improvements available, other tenants include 7-11 gas bar and convenience store with postal services, Money Mart, tanning salon.

Across the road are Tim Hortons, Rogers, Easy Financial, Twice The Deal Pizza and Wings and the Rexall Plaza. C5 Zoning. 3116_DJW_4_0028

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

3116_DJW_1_0689

Broker of Record Cell:519-531-1177

Land Exchange Ltd. Brokerage Independently Owned and Operated

262 Josephine St., Wingham

COM/RES INVESTMENT PROPERTY

LIST PRICE $395,000

LIST PRICE $1,900,000

www.remaxlandexchange.ca

• 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

• 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

Office: 519-357-3332

21 UNIT RESIDENTIAL INVESTMENT LIST PRICE $1,100,000

•

PRIME 48 ACRE DEVELOPMENT SITE

11264376_3116

RENATE SIEBERSCHLEGEL

• 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

Please say you saw it in The Commercial Investor

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Volume 16 Issue 07

19

Commercial Real Estate & Business Opportunities

Century 21 First Canadian Corp. Brokerage* *each office independently owned & operated

(519) 719 - 2639

JAY HERLICK

jay.herlick@century21.ca

S A L E S R E P R E S E N TAT I V E

(519) 673 - 3390

GREAT OPPORTUNITY - ZURICH 3116_DJW_0057

To own and operate your very own, profitable and well established bakery. The price includes the property and building, existing business clientele with all related equipment, and two delivery vehicles. (2004 GM van and a 2005 Ford extended van). The building is approximately 6550 sq ft and includes a retail store front with good walk in traffic, a full bakery production and packaging area, plus the upper level of the building has a three bedroom two bathroom apartment. Call listing agent to arrange personal visit and obtain list of chattels included, and financial statements are available to qualified buyer prospects. This business was established back in 1929, and has earned a great reputation rewarded by a very loyal client base of wholesale customers.

No experience necessary and seller is willing to provide extensive training (if necessary).

Southwest Ontario

11310022_3116

www.century21.ca/jay.herlick

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 $440,000

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

Please say you saw it in The Commercial Investor

COM_3116.indd 19

2016-07-28 5:03 PM

HAMILTON

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

HAMILTON SECTION COVERING:

Grimsby Hamilton Haldimand Stoney Ancaster Caledonia Cayuga Creek Dundas Dunnville

For advertising

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

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

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Volume 16 Issue 07

21

Commercial Real Estate & Business Opportunities

Ramzi Twal

Sal Lachica

OFFICE 905.574.3038 CELL 905.741.7221

salvadorlachica@royallepage.ca

Broker

Sales Representative

ramzi@ramzitwal.com www.ramzitwal.com

905.929.6890

MACRO REALTY

1.888.751.2229

3116_DJW_0073

3116_DJW_0074

Motel 14 rooms with separate 2 sty 3 BRs building for owner/ manager use. Small 27 seat restaurant w kitchen. Hwy #3 runs along the north shore of Lake Erie. (Simcoe & Port Dover area). Popular route for visitors in the area. Income statement available to serious buyers. H3183545

3116_DJW_0076

Commercial/Residential property on a main Rd Hwy #22 in Komoka.

(London area) excellent exposure.

3 bedroom residential & 1500 sq ft. Commercial retail on main floor, 2 workshops in the back presently used for small engine repair & 40 x 100' workshop used for boat upholstery and furniture repairs. Owner retiring. H3185712

11310144_3116

3116_DJW_0075

Excellent investment.

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

H3178227

Hamilton

Three storey building next to Hamilton General Hospital.

Building is ready for renovations. Building permit for 4 residential 2 commercial units.

Solar panels on roof for extra income. Sold as is where is.

Asking $495,000. H3174705

11300135_3116

EXPERIENCE COUNTS

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Commercial Real Estate & Business Opportunities

Volume 16 Issue 07

Hamilton

Net Operating Income (N.O.I) The Net Operating Income is the amount of cash available after deducting the operating expenses from the Effective Gross Income. Be sure that the N.O.I. is accurate so that a realistic property value can be assessed. To obtain a true N.O.I, you must also include management fees, superintendent wages to the expenses.

Do not be fooled by a lean expense ratio, to artificially show a higher net income. Always remember that it is the N.O.I. that sets the probable value of the building.

or costly promotions. However, we now have the option to use free internet advertising, which are becoming more and more cost effective for the landlord.

Operating Expenses As an apartment building specialist, I come across many financial reports and proformas, and it never ceases to amaze me how many operating expenses are “streamlined” to expand the “N.O.I.”, thus artificially increasing the market value of the property. In addition to expenses for heat, hydro, water, realty taxes, the next time you review an income statement, also look for the following expenses:

Leverage The huge advantage of using leverage in a real estate investment is that for a small amount of cash you can purchase a large property. For example, a $100,000.00 down payment can purchase a building worth as much as $1,000,000.00, (10% down payment). On a long term hold, you will benefit from both mortgage reduction and increase in value.

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 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 $20.00 to $30.00 per unit per month as a guideline.

3. Maintenance/Repairs This cost will vary depending on the type, age and condition of the property, as well as quality of tenants and the past maintenance level of the building. A good guideline is approximately $500.00 to $800.00 per unit per year.

4. Elevator Often the cost of the elevator maintenance are not included in statements.

5. Waste Disposal Garbage disposal charges are often missed on a financial statement.

6. Snow Removal Often the cost of snow clearing are not included in statements 7. Insurance Coverage The property must be insured for fire and other hazards (tenants should cover their own contents). Premiums will vary depending on age and size of the building and be aware that premiums are on the rise.

8. 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 and unless the laundry equipment is owned, look for rental charges of approximately $60.00 a pair per month.

9. Advertising/Promotions, etc. In a tough rental market, you must allocate a reasonable monthly charge for advertising

A good “rule of thumb” for operating expenses is 55% to 60% of the “Effective Gross Income”. There are always minor exceptions where income is higher (and expenses lower) because tenants pay for their own hydro.

With leverage you may run the risk of unexpected negative cash flow that could risk the investment. Assure the income generated from the property is able to support the expenses and carrying costs. Also be aware of unforeseen capital expenditures which may tremendously impact the cash flow.

Remember that “cash flow is king”, and unless you have deep pockets, always leave a good cash reserve available when required.

Debt Service Ratio Used by lenders to establish the maximum loan amount. As an example, let us suppose the Net Operating Income (NOI) is $100,000.00 and assuming the “Debt Service Ratio” used by the Lender is 1.2 then the following steps will determine the maximum loan amount.

1. - Divide the NOI by the “Debt Service Ratio” ($100,000.00 / 1.2 = $83,333) 2. - Divide by 12 months ($83,333/ 12 = $6,944) 3. – Assuming the monthly interest rate factor @ 6% is 0.00644 4. - Divide interest rate factor into monthly payment of $6,944.00 ($6,944 /.00644 = $1,078,260 Therefore the maximum loan amount will be rounded to approximately $1,080,000.00. This will provide a good guideline as you shop for a mortgage.

As a wise investor, you must learn the real estate language and know all the important formulas in order to be successful and reduce risk.

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Commercial Real Estate & Business Opportunities

UNDERSTANDING REAL ESTATE TERMS AND FORMULAS

8171452_3116

Dino Nicosia, Broker of Record - Investpro Realty and Appraisal Ltd., Brokerage

I

n this exciting world of Real Estate Investments there are many terms and formulas often used by investors and lenders. As a wise investor you should be familiar with the Real Estate lingo.

Hamilton

The following are some of the most common terms and formulas; Capitalization Rate: This is the most important term in the industry and investors should be prepared to use it to determine value. Sometimes known as the “Cap Rate”, this term represents the percentage return on investment in an “all cash purchase”. This is accomplished by taking the Net Operating Income and dividing it by the current market Cap Rate.

For example, suppose you are considering to purchase an apartment building which generates a NOI (net operating income) of $60,000; and assuming the asking price of this property is $900,000. On this scenario the Cap Rate would be 6.6%. In other words at the asking price, you will earn a 6.6% return on the $900,000 investment.

Divide the Net Income by the Selling Price. $60,000.00 divided by $900,000.00 equals 6.60% Cap Rate The market Cap Rate should be the key indicator to determine the value of investment properties. The Cap Rate will fluctuate with the market forces of supply, demand, interest rates and political climate.

Gross Rent Multiplier (GRM) When we purchase a Real Estate investment, we are really buying the potential rental income, and not just the bricks and mortar. Therefore the Gross rents are sometimes used to determine value.

The GRM is what you get by dividing the gross rent into the sale price of a building. For example, if an investment property sells for $1,000,000.00 with gross rents of $250,000.00, the “Multiplier” is 4 time the gross income. Therefore the GRM in this scenario is 4. This number can be a good thumbnail approach to valuing other buildings when you know their gross income.

The problem with this method of valuing buildings is that the gross income does not allow for fluctuations in expenses. The best example would be in comparing two identical buildings, where; • On the first building, the tenants pay for own hydro • On the second building, the owner pays hydro and for cable etc.

The impact on the value where the owner pays extra expenses will be significantly lower, unless the rents are adjusted higher to compensate for the inclusions. The GRM (Gross Income Multiplier) may be used as a benchmark, however amongst experienced investors the best approach to valuing buildings is by using the capitalization of the net operating income.

Effective Gross Income This refers to the actual gross rents and deducting allowance for vacancy and bad debt.

Every rental property experiences tenant turnover. The frequency in which it occurs will depend on many factors such as; location, condition, rental charge, economic forces, tenant profile (age, etc.), and property management experience, etc. It is very important that you become familiar with the vacancy rate of the area of the subject property and also the track record of the property turnover rate

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Volume 16 Issue 07

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 7 UNITS, PRIME LOCATION

Needs some work. Great cash flow potential. Priced for quick sale.

Visit our website for details.

Two buildings on one parcel. Rents have room for increase. Good condition. Fully rented. For more details, visit our website.

3116_DJW_0044

3116_DJW_0045

Hamilton

LEGAL FOUR-PLEX, CENTRAL HAMILTON

DUPLEX IN HAMILTON, NEAR GENERAL HOSPITAL

6 UNITS - CENTRAL HAMILTON

Solid brick home, with garage at rear. Possible in-law suite. Visit our website for details.

Asking $625,000. Only minutes to General Hospital. Up and coming area. Over $150,000 in renovations. For more details, visit our 3116_DJW_1_0054 website.

3116_DJW_0046

TWO FAMILY HOME, NEAR DOWNTOWN HAMILTON

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

D L O S

3116_DJW_2_0013

8 UNITS, WEST HAMILTON

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

For details contact Dino Nicosia, Broker or visit our website for 3116_DJW_1_0068 financial information.

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

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Commercial Real Estate & Business Opportunities

Hamilton

8171399_3116

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

3116_DJW_1_0036

3116_DJW_1_6670

3116_DJW_1_8002

2300 UPPER JAMES ST, MOUNT HOPE - $539,900 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" 3116_DJW_1_0037 3116_DJW_1_0012

107 QUEEN ST, DUNNVILLE $179,000

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! 3116_DJW_1_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!

3116_DJW_1_0052

Mt. Hope Investment brick bungalow on 133' x 320' lot w/ licensed kennel! This lovingly cared for home offers a functnl main flr, eat-in kitchn, sep. dinrm, 4 pc bth, lrg lower lvl recrm w/gas FP, high eff. n/gas furnace & fenced yard. Rear entertaining area w/private decks & pergola. Ideal country setting w/all conveniences of the city.

3116_DJW_8000

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.

3116_DJW_2_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!

3116_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. 3116_DJW_1_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.

3116_DJW_1_0062

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Volume 16 Issue 07

Commercial Real Estate & Business Opportunities

Sold Through The Commercial Investor Jun 04 -

INCORP Full Cove

Jul 02, 20 16, Volum e

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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 Dav l: ies, Bro WinCorp ker of Rec 45 Keats Realty Inc., Rea ord l Est Cre Tel: 519 scent, Guelph, ate Brokerage Ontario -836-2080 N1G 3B1 Fax: 519 Email: wjm -836-2 davies@ro gers.com 081

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

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moneysense

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

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.

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to you

r door! See inside for f you’re like many investors, you may details not know exactly what you’re paying for your financial investments or how your investment dealers are compensated for their services. Fortunately, there are new regulations being rolled out over a three-year period designed to bring more transparency to the industry.

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FC_2316

BSCRIP

information on a calendar year basis, so most investors will start getting their reports in early 2017.

“These new changes are a step in the right direction as they will allow investors to be more informed about what they’re paying for the services they’re receiving,” says Snyder.“At Tangerine we’ve always advocated for simplicity and transparency and this is why our Funds charge an management expense ratio of 1.07%, which is about half the industry average, and we don’t charge commissions like deferred sales charges.”

Learn more about low-cost investment funds at www.tangerine.ca/en/investing/ investment-funds/index.html. – NC

Called the Client Relationship Model — Phase 2 or CRM2, the disclosure and information it brings will make you a smarter investor.

“The final set of CRM2 changes (effective as of July 15, 2016) will result in investors seeing two new annual reports,” explains Joe Snyder, product management analyst at Tangerine.“The first report will show investors the charges and investment dealer compensation for their investments in dollars, not just percentages. The second will be an annual report summarizing account performance activity during the year and since opening your account.”

It’s important to remember that most firms provide

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Commercial Real Estate & Business Opportunities

45

4000 + square foot residential + completely updated 2 bedroom, 2 bath in-law apartment & 2 storey brick garage w/ heat, hydro & water.

905-522-3300

Elizabeth Parker Sales Representative

parker@judymarsales.com

www.judymarsales.com

A

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8157538_3116

11292930_3116

H

Hamilton

,0 0

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2.5 STOREY HISTORIC BUILDING

$8

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Corner location close to Juravinski Hospital. Almost 1500 sq ft ideal for retail or office possibilities. Well maintained brick building with recent roof & facia.

Public parking and easy transit.

3116_DJW_0029

$8

49

,9 0

0

450 seat with updated boiler, roof, fire protection and security. Accessible washrooms.

Possible second floor apartment with separate entrance. Parking lot + 3 car garage on separate title included.

CONCESSION SHOPPING DISTRICT

29

Approx 2500 sq ft + high basement with extra kitchen & washroom.

Custom kitchen available for second floor, 3 washrooms above grade.

HISTORIC THEATRE

$4

0 ,0 0 49

$6

3116_DJW_0027

OFFICE/RETAIL/MIXED USE

3116_DJW_0028

,1 9

0, 00

Hamilton South West investment! Fully equipped restaurant plus one 1 bedroom and one 2 bedroom apartment on second floor.

3 hydro meters, 2 gas meters & 4 parking spots. Fantastic location in one of Hamilton’s most sought after neighbourhoods.

3116_DJW_0026

0

FULLY EQUIPPED RESTAURANT

$1

3116_DJW_0025

BROKERAGE

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”

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Commercial Real Estate & Business Opportunities

Volume 16 Issue 07

DON’T FALL VICTIM TO INVESTMENT “DEAL KILLERS” Whether you are a new investor or a seasoned one, there’s a chance you’ve come across a deal that fell short. It is unfortunate, but it is definitely a learning experience. That is why I decided to look upon my past experiences and spotlight the major factors that I felt affected an investment transaction.

The issues may seem inevitable during the process, but I believe there are ways in which you can avoid or at least lessen the stress as an investor.

as planned. On the other hand, if the appraisal comes in lower than the sale price, deals have the potential to become compromised. Specifically, if the buyer doesn’t have, or is not willing to provide, the funds from the short fall. This can be seen frequently with larger commercial deals as sellers are likely to use the property’s CAP rate to determine their sale price. This can be very subjective and potentially lead to discrepancies between the market value and the value chosen by the seller.

Due Diligence Hamilton

Due diligence is an important factor within an investment contract as it ensures the property meets the buyer’s needs. It includes documents such as environmental reports, insurance, tax, zoning verification, utility bills, and much more. From a seller’s standpoint, the process can easily become a deal killer given the fact that there is a long list of documents to obtain within a limited amount of time.

During the due diligence period there’s always a chance that a document could be missing or not submitted on time. This error can lead to a dissatisfied buyer that backs out of the deal.

My suggestion to avoid this situation would be to ensure you have all due diligence in advance and if possible, have your realtor review the documents. Also, if there are documents you know you have to outsource, consider the time and money it takes to receive them. For example, requesting an environmental report or a building condition report is timely and costly. Making a checklist is a simple and easy way to stay on track. If absolutely needed there is the option to extend the conditional period. This isn’t necessarily ideal as it isn’t perceived well by the seller, but it will allow you more time to correct certain problems.

Appraisals Appraisals are a key instrument during the transaction period. The most ideal case is that your investment will have an appraised value at least as high as the sale price making all parties happy and allowing the purchase to move forward

Regardless, there are actions you can take to avoid a deal being killed by an appraisal. As a seller, it is important to make sure that you provide the proper comparables and information. Assume that the appraiser knows nothing and provide additional details about your property. This can influence his or her reasoning and the outcome of the appraisal. It is also wise to double check the report to make sure information is correct, and even appeal and ask for another appraisal. You should also look for an appraisal contingency act in the contract. If there is no appraisal contingency, buyer’s don’t have the right to cancel the deal based upon the appraisal. Lastly, be prepared to negotiate as buyers will most likely try to settle on a new price.

Zoning When it comes to zoning, your best bet is to be fully informed. Zoning tells us the nature of the property, its allowable uses, and regulations. Even the most savvy investors can have a limited understanding of this, having them left with undesirable deals. This is likely to occur when zoning is changed from one class to another, potentially affecting the value, its uses, and the type of loan the buyer is able to receive.

You can see the importance of this in our own city. The zoning bylaws in Hamilton currently reflect the former city structure which doesn’t factor in the amalgamation. They are confusing, overtly specific and out of date. This affects our upcoming brewery and arts & culture establishments that have been rapidly settling in Hamilton. Progressively, the city is working to change this with new zoning regulations that will have a positive impact on properties and business owners alike.

Overall, to avoid zoning misinformation, you can look for information such as a conditional zoning requirement which overrules certain changes. It is also important to be transparent. If you are a leasor, clearly state within the lease agreement what activities are allowed on the premise.

Generally, don’t restrict your knowledge solely to your property, but also research other useful properties around it.

This can possibly help determine the future direction of your investment. In the end it is simply your understanding and knowledge that will help you avoid time consuming mistakes.

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Hamilton

Volume 16 Issue 07

Insufficient Funds and Financing If a prime property is faced with competition, investors easily become eager to close the deal. In this scenario, important factors such as closing costs become overlooked.

For instance, an offer may be based upon the biggest mortgage available to an investor. However, when taxes, fees and insurance aren’t factored in, the deal is more susceptible to die. If you know the maximum monthly cost you can afford beforehand, it becomes easier to negotiate and solidify a deal.

It’s also important to know what the lender is looking for. Their interests aren’t the same across the country and certain property types come with different demand. Also, keep in mind that the time it takes to be approved by the lender could cause a deal to fall short. Commercial mortgages have a

longer list of conditions taking at least three or four weeks to complete. Lenders not only look at the property but will take into high consideration the investor’s ability to service any debt that may occur.

Generally, the more informed and prepared you are as an investor, the smoother a transaction will be. It sounds simple, but if you are inexperienced, collaborating with others, or handling many deals at once it’s easy to have these issues overpower you. If there is a property you’re interested in, please don’t hesitate to contact me. My team and I are always available for advice and assistance. Our goal is to make sure your investment’s transaction runs smoothly from start to finish!

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Volume 16 Issue 07

10339498_3116

Commercial Real Estate & Business Opportunities For

Further inFormation:

John hryczynski Broker

(905) email:

REAL ESTATE BROKERAGE CommerCial

John@BBsrealty.com

www.BBsrealty.com

commercial real estate

real estate sales and leasing serviCes 3116_DJW_0072

Hamilton

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

RETAIL FOR LEASE

3116_DJW_2_0068

MIXED USE/CONDO DEVELOPMENT SITE

3116_DJW_0071

INVESTMENT PROPERTY FOR SALE

529-5900 x 240

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.

HAMILTON CENTRAL MOUNTAIN Prime retail/office space located across from the Lime Ridge Mall on a dominant retail corridor with many National tenants.

Excellent exposure to high traffic with easy access to E/W Expressway. The lease premises are 4,900 sf and have a large open area suitable for most retail/office uses, asking only $13.95/ sf net. Immediate possession, abundant parking.

RETAIL/OFFICE FOR LEASE

RETAIL/OFFICE FOR LEASE

3116_DJW_2_0069

3116_DJW_3_0066

3116_DJW_3_0062

NEW RETAIL PLAZA 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, 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.

11294991_3116

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COM_3116.indd 30

2016-07-28 5:05 PM

NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

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

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GTA

For advertising

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

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NewSectionPages_FullColor2015.indd 7 COM_3116.indd 31

2015-03-19 3:47 PM 2016-07-28 5:05 PM

32

Commercial Real Estate & Business Opportunities

Volume 16 Issue 07

FOR SALE

BRAND NEW

57,700 Sq. Ft. Commercial Plaza 11306460_3116

Cedar Park Plaza / Simcoe Ontario

+ 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

Call Ed Bain

11309889_3116

Greater Toronto Area

416-836-7686

(email) slandcorporation@yahoo.ca

Please say you saw it in The Commercial Investor

COM_3116.indd 32

2016-07-28 5:05 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_3116

3116_DJW_1_0058

FOR SALE PRESTIGE COMMERCIAL/INDUSTRIAL CONDOMINIUMS 3116_DJW_1_0038

ONLY 1 UNIT LEFT

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

• From 500 sf and up.

• 2nd and main floor options available.

• Close to new Hwy 7.

• Subway line.

• Call Lara Tersigni.

$5,680,000

3116_DJW_1_0015

FOR LEASE

FOR LEASE - VAUGHAN

• 1834 sq. ft to 3668 sq. ft.

• 80% office • Drive in door • Street extra parking • High exposure • Immediate access to Hwy 427

3116_DJW_1_0064

FOR LEASE

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

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

3116_DJW_1_0018

• 1150 sq. ft. retail • Langstaff exposure • GREAT LOCATION • Immediate access to Hwy 400 • For Doctor, Dentist or Laywer

3116_DJW_1_0017

•

•

FOR LEASE

• Occupy And Generate Income At The Same Time!

• MLS @N3543933

3116_DJW_0003

3116_DJW_1_0065

•

FOR SALE - VAUGHAN • Outstanding Location! ** High Exposure • Complex At Corner Of Weston Rd & Steeles Ave W. • Total Area Over 3600 Sq. Ft. On 2 Floors ** 2 Staircases • Ideal For User/Investor

• 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.

3116_DJW_0004

Greater Toronto Area

FOR SALE - VAUGHAN

OFFICE SPACE

• • • •

Retail space Weston Rd. Address Suits Restaurant use Great location 3116_DJW_1_0066

FOR LEASE • • • • • • •

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

3116_DJW_1_0665

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

COM_3116.indd 33

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34

Volume 16 Issue 07

Commercial Real Estate & Business Opportunities

#

Commercial Team In Canada! *

Brokerage Independently Owned And Operated

**

+ +

**Sales Representatives Broker

**

www.PBcommercialteam.com

LU

VE C EX

LU

SI

VE

Greater Toronto Area

Location! Location! Bloor/Yorkville location! Available lease space on Yonge Street with exposure!

Free-standing corner building!

Offering the whole secPremium office space at Tridel’s new Hullmark Centre at ond floor of&3,891 sq. ft. ofApprox. office space! spacious, largefloor windows Yonge Sheppard!

916Bright grossandSq. Ft. with to overlooking Yonge. Numerous offices, board rooms, & washrooms ceiling windows overlooking Yonge St.kitchenette and underground +++ $29.50 sq. ft.subway gross. Call George moreCall details.

416-554-7653. access to two lines!

Forfor Sale! for pricing!

PR

IN

CI

PA L

SO

C EX

SI

RESTAURANT FOR SALE IN TORONTO WEST MAJOR APARTMENT PLAZA WITH AMPLE PARKING! BUILDING

NL Y

PRIME YORKVILLE LEASE

HULLMARK CENTRE OFFICE SPACE OPPORTUNITY!

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

This prime GTA location is the of a lifetime to own Attention Investors!

A 96 unit,opportunity low maintenance apartment and operate your own Featuring a warm and friendly building located in arestaurant! superb West Toronto location.

Sitting atmosphere wherethis youpractically can provide a memorable dining experion over 2 acres runs itself and with rarely any ence for your customers. $288,800. Call Peter 416-606-7882 vacancy! $13,250,000

3116_DJW_1_0003

3116_DJW_2_0018

OFFICE SPACE! KENNEDY RD DON MILLS / LAWRENCE RETAIL/OFFICE SPACE

PRIME MISSISSAUGA MAIN/DANFORTH MEDICAL CENTRE LEASE SPACE AUTO LOCATION

/

First class medical centre at Main/Danforth Subway. Office Turn-key 4,354 Sq Ft automotive operation in modern high space for private practice Goodyear or physician clinic at environtraffic available Mississauga Plaza! Previous location busy Dundas/Mavis Beautiful exteriorBldg w/ amazing ment, turnkey,intersection. work on % of gross billing! includesstreet pharexposure! Large reception/sales area, huge garage w/ 19+ft macy; radiology, ultrasound, medical labs;&&3physiotherapist! ceilings, large mezzanine, 3 front bay doors rear bay doors!

Free RentFt. period. $23.50/Sq. Net $8/Sq Ft Net. Call George 416-554-7653.

Prime ground level retail space in busy plaza just north of Stunning 3383 Sq. Ft. office space in rarely offered, modern class Steeles Kennedy.

Featuring 1,775 sf.,Mills’ rectangular-shaped ‘A’ office&building at prime ‘Shops At Don location! Current floor space, bath, Kennedy exposure, of parking! medical officeone w/hundreds of thousands in superblots leaseholds.

Can $16.95/Sq. ft. Net. Also, prime 722 office space,views!. great be used for any professional use; tons of sf windows/great $18.95/Sq $24.85/sq.

Ft. Net signage! ft. gross. Call Matt: 647-500-7708

3116_DJW_1_0118

3116_DJW_2_0060

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PRINCIPALS ONLY

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Both comm &RETURNS! retail space: $975M 21%+ ANNUAL Las Vegas, NV casino! 21 floors on approx. 37 acres $475M • RRSP, TFSA, LIRA++ Eligible • Single Family & Condo Developments Brooklyn hotel, popular hotel chain, over 320 rms $169 M • Get Developer • Projected Returns Exceed 21% per Year Las Vegas, NV hotel / casino over 3,800 rms, 80% complete $470M Returns!

• Call George Politis 416-554-7653 • Partner with Top-Tier GTA Developers NY City hotel, 140 rms, 3 star asset, approx. 5% CAP $103M

11276658_3116

YOUR BUSINESS HERE

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

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

Please say you saw it in The Commercial Investor

COM_3116.indd 34

2016-07-28 5:05 PM

Volume 16 Issue 07

35

Commercial Real Estate & Business Opportunities

PRICED AT $220,000

PRICED AT $399,900

PRICED AT $179,900

Close to both Fanshawe College & the University of Western Ontario. 2 plus 1 bedroom with garage & additional parking space.

Condo fees only $240.00.

Executive 6 bedroom & 4 bath two storey close to UWO. This property is ideal for faculty.

Just 3 yrs old & AVAILABLE IN 15 DAYS!

Richmond Row condo on the bus route to the University of Western Ontario. Close to many amenities, theatres, restaurants & downtown.

Traditionally these rent for $1500 per month.

3116_DJW_0030

3116_DJW_0031

3116_DJW_0032

Do you have children attending the University of Western Ontario?

Greater Toronto Area

}

ATTENTION INVESTORS

CALL FOR MY EXPERTISE IN THE AREA OF STUDENT HOUSING OPPORTUNITIES NEAR THE UNIVERSITY OF WESTERN ONTARIO & FANSHAW COLLEGE. TAKE ADVANTAGE OF

11309382_3116

MY KNOWLEDGE OF THE CITY OF LONDON BY-LAWS & RENTAL LICENCING.

NELSON CONROY Sales Representative

519-672-9880

nelsonconroy@royallepage.ca

London South - 334 Wellington Road S, N6C 4P6

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COM_3116.indd 35

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36 trebreport

Commercial Real Estate & Business Opportunities

Volume 16 Issue 07

GTA REALTORS RELEASE quarterly commercial market figures

T

oronto Real Estate Board President Larry Cerqua announced that TREB Commercial Network Members reported strong growth in commercial leasing activity in the second quarter of 2016. Combined industrial, commercial/retail and office space leased through TREB’s MLS System amounted to 7,390,832 square feet. This result was up by a substantial 27 per cent compared to the result reported for the second quarter of 2015.

Average selling prices on a per square foot basis for transactions with pricing disclosed were down annually for industrial and office properties, to $86.70 and $214.78 respectively in the second quarter. Over the same time period, the average commercial/retail selling price was up to $160.94.

For both commercial leasing and sales, changes in average lease rates and sale prices result from fluctuations in market conditions and year-over-year variations in the mix of properties transacted, in terms of geography, size and type.

The amount of leased space was up on a year-over-year basis for industrial and office properties, but down for the commercial/retail segment. More than three-quarters of space leased in Q2 was in the industrial market segment.

Average lease rates reported on a per square foot net basis for transactions where pricing was disclosed were up on an annual basis for industrial and office space to $5.53 and $15.25 respectively. The average lease rate for commercial/ retail space was down to $17.62.

“It was certainly promising to see growth in the amount of space leased in the second quarter of the year, especially given the level of economic uncertainty in Canada at the present time. However, while the regional economy in the Greater Golden Horseshoe has outperformed relative to many other metropolitan areas across the country, it is important to note that the most recent Bank of Canada Business Outlook Survey points to flat sales growth and moderate investment intentions. This suggests that we could continue to see some volatility in commercial leasing in the coming months,” said Mr. Cerqua.

The total number of combined industrial, commercial/ retail and office property sales reported through TREB’s MLS System amounted to 238 in the second quarter. This result was down from 362 sales reported during the same timeframe in 2015. Sales were down for all major market segments.

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Volume 16 Issue 07

37

Commercial Real Estate & Business Opportunities

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

Leased sq. ft. (Price disclosed, per sq. ft. net) Q2 2016

Q2 2015

% Change

5,675,075

4,372,540

29.8%

666,258

716,385

-7.0%

Office

1,049,499

732,075

43.4%

Total

7,390,832

5,821,001

27.0%

Q2 2016

Q2 2015

% Change

Industrial

$5.53

$5.41

2.2%

Commercial

$17.62

$19.8

-11.1%

Office

$15.25

$12.28

24.2%

Industrial Commercial

Avg. lease rate

SECOND QUARTER 2016: ALL COMMERCIAL SALE TRANSACTIONS: Commercial sales completed with pricing disclosed on Toronto MLS Sales (Price disclosed) Q2 2016

Q2 2015

% Change

Industrial

85

152

-44.1%

Commercial

101

143

-29.4%

Office

52

67

-22.4%

Total

238

362

-34.3%

Q2 2016

Q2 2015

% Change

Industrial

$86.70

$91.89

-5.6%

Commercial

$160.94

$139.26

15.6%

Office

$214.78

$256.93

-16.4%

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

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

COM_3116.indd 37

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Volume 16 Issue 07

Commercial Real Estate & Business Opportunities

*

905 502-9944 24

ETHICS & INTEGRITY above all else...

We have OVERSEAS Buyers

Automotive Related

Worship Place/ Medical/ Land

Convenience Store

Restaurant

Meat Processing Plant

Place of Worship

Greater Toronto Area

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

11294169_3116

HRS

AJ Lamba,

Broker of Record

AJ lamba

SAVE $$$ BUYING/SELLING!

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 Zhou; Ali Sibai; Nicole Yue; Frank Gulati - Salespersons *Based on Jan-June 30th Sales Volume

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

D E S

A E L 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.

1716_DJW_0023

1716_DJW_1_4800

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

1716_DJW_1_4900

11287063_1716

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COM_3116.indd 38

2016-07-28 5:05 PM

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

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

Up Up Up Up

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

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

CALL TODAY

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

COM_3116.indd 39

11297590_3116

Verico The Mortgage Leaders Inc. FSCO License # 10238

2016-07-28 5:05 PM

40

Commercial Real Estate & Business Opportunities

Volume 16 Issue 07

SkyViews CONSIDERATIONS WHEN SELLING YOUR APARTMENT BUILDING When it comes to selling your apartment building, there are many things to consider. The most important, however, is which brokerage firm you will choose to represent your interests and generate the right potential buyers. The following is a general guideline for choosing the right brokerage firm for you.

your property, the right brokerage will utilize what is called “target marketing”. Having access to multiple forms of communication, your brokerage should identify the best strategy to reach all buyers in the apartment building industry directly, resulting in you getting the most efficient marketing results.

1) Go with Experience Real Estate markets change from year to year, even from month to month. When dealing with a brokerage, you need to find the delicate balance of experience coupled with the up-to-date understanding of today’s current marketplace and trends. Experience alone will fail to provide you with strategies that will apply to current trends in the industry. On the other hand, a brokerage that lacks experience will not be able to accurately predict and prepare for upcoming trends.

6) Knowing the Buyers Your ideal brokerage is connected not only to you but also to a network of current buyers. When you are ready for your property to be listed, your brokerage should already have contacts with potential buyers and know who would be the right fit for your building.

Greater Toronto Area

2) Look Out for Number One Above all else, the brokerage you choose should look after your interests and work hard knowing that they have your trust, confidence and commitment. Your brokerage should ultimately be looking to serve your needs throughout the process of selling.

3) Take the Right Approach Some brokerages focus on the approach of “Bring Me an Offer”. While multiple offers can be beneficial, finding the right buyer with the right offer is the most crucial element in working with a brokerage. A good brokerage will bring the right people to the table to help you sell your building.

4) Know Your Value Many brokerages waste valuable time and resources hoping to pinpoint the market value for your building.

The right brokerage, however, will have the knowledge and experience to provide an accurate opinion of value prior to even listing your building. Knowing what your building is worth will help you get the right return on your investment.

5) Exposure is Key Marketing your property is not just a matter of using one or two forms of communication to blanket the market in hopes of finding potential buyers. To properly market

7) Real Estate Networking Along with knowledge of current buyers, a brokerage should have already established relationships with other companies in the industry - appraisers, environmental and structural inspectors, financial institutions, etc.

Having an established network of industry professionals can assist you in bringing your transaction to a quicker close.

8) Beyond the Offer Many real estate transactions fail at the most crucial stage... the due diligence process. Having a brokerage that engages in a thorough due diligence process ensures that your building’s information is verified for the buyer and your transaction closes smoothly and promptly.

9) Get What You Pay For Whether you are paying a low or high commission fee to the brokerage of your choice, you need to be confident in the level of service you received. The right brokerage will be dedicated to providing the ultimate service for the commission fees you pay.

The Bottom Line When all is said and done, the most important element in dealing with a brokerage is achieving top dollar for your apartment building. Finding the right brokerage -one that fulfills the above criteria - ensures that you will walk away from your transaction with the confidence that you have received exceptional service, maximum exposure, hassle-free processes, and the financial results you had planned for.

8647857_3116

SKYVIEW REALTY LTD.,Brokerage Apartment Building Sales Tel. (416) 444-6545 E-mail: info@skyviewrealty.com

Fax (416) 444-6997 Website: www.skyviewrealty.com

R O

REALTOR

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COM_3116.indd 40

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Volume 16 Issue 07

RONAN REALTY, BROKERAGE Each Office Is Independently Owned & Operated

41

Commercial Real Estate & Business Opportunities

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

10929735_3116

Private Country Estate, 68 acres. Hardwood forest, ponds & your own 9 hole golf course.

Fully equipped Pro Shop, Workshop. Ample storage & parking. Have your own course or continue existing public play. Lrg custom raised bungalow, 3+2 bdrms, multiple W/O's manicured lawns. $1,395,000 Marc Ronan *** 1-888-936-4216 3116_DJW_0038

137 Acres abutting developer owned land in Cookstown with 2 road frontages.

Located between Hwy 400 & 27 just South of Hwy 89. Great investment parcel while renting it to a farmer or farming it yourself. Land has been outpacing infla3116_DJW_0039 tion - Invest in it. $2,200,000 Marc Ronan*** 1-888-936-4216

Sensational 100 acre parcel located in South End of Hockley Valley! Five species of mature trees, great building sites, walking and riding trails and Humber River flows through! Hunter, Angler, Sportsman, Fisher Man's Dream! Taxes reflect Managed forest. $995,000 Marc Ronan*** 1-888-936-4216 3116_DJW_0040

Your chance to own a lovely home on desirable Western Avenue in Schomberg. Large home with many rooms ready for your family. Each level has a separate entrance. Main floor has kitchen has eat in area, large living room and office. 3+ bedrooms, master 3116_DJW_0041 with 2 pc ensuite. $749,900, Joanne Urbanski* 1-877-435-4336

15 Acres - Urban Industrial Zone, ready to go with services available. Beside major users such as Honda of Canada, Gibson Transport, Nissin Transport, Growing South Simcoe and Alliston. Ready to build or owner may divide. $250,000 per acre Marc Ronan*** 1-888-936-4216 3116_DJW_0042

Greater Toronto Area

84.4 acres abutting residential development in area's fastest growing community. Surrounded by existing development with two road stubs to East on Municipal Services. Flat, clear acreage minutes from Honda. Entirely maintenance free clean crop land. Zoned rural, in 2 deeds. Both deeds in land titles absolute. Perfect land banking earn solid crop related income while waiting for this parcel to mature to the development stage. $2,995,000 Marc Ronan*** 3116_DJW_0037 1-888-936-4216

Please say you saw it in The Commercial Investor

COM_3116.indd 41

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42

Commercial Real Estate & Business Opportunities

Volume 16 Issue 07

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_3116

moneysense

Have an investment? Here are 3 things you need to know Wars, but the new information it brings will make you a smarter investor.

Phased in over three years, the most important CRM2 requirements come into effect this summer. Silvio Stroescu, vice president of deposits and investments at Tangerine outlines three things you should know about the changes:

I

f you’re like many investors, you may not know exactly what you’re paying for your financial investments or how your investment dealers are compensated for their services. Fortunately, there are new regulations being rolled out over a three-year period designed to bring more transparency to the industry.

CA new series of investment reforms are being phased in by Canadian investment regulators to improve transparency and disclosure. Called the Client Relationship Model — Phase 2 or CRM2, the reforms sound like a character out of the latest Star

1. YOU’LL KNOW THE EXACT DOLLAR AMOUNTS YOU’RE PAYING TO YOUR INVESTMENT DEALER. Once a year, your investment dealer will send you a report summarizing compensation earned such as trailing commission(s), in actual dollars, as well other earnings such as deferred sales charges or referral fees. This report will also provide a summary of other account charges like annual administration and transaction fees.

2. YOU’LL GET A MORE COMPLETE PICTURE OF YOUR RETURN ON INVESTMENT. Annually, you’ll receive a report that provides your personal portfolio performance for the previous year and since opening your account. Previously, firms only had to disclose the rate of return for the fund overall. This additional information will tell you if you’re making money so you can ensure your investments are aligned with your long-term goals.

3. YOU MAY NOT SEE THIS INFORMATION RIGHT AWAY. It’s important to remember that although the new requirements described above come into effect July 15, 2016, most firms provide information on a calendar year basis. This means most investors will start getting their reports in early 2017.

Learn more about how CRM2 affects Canadian investors at www.tangerine.ca/ forwardthinking/investing/what-is-crm-2. – NC

Please say you saw it in The Commercial Investor

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2016-07-28 5:05 PM

NewSe

Volume 16 Issue 07

Commercial Real Estate & Business Opportunities

43

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

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

Greater Toronto Area

SECTION

CENTRAL ONTARIO

CENTRAL ONTARIO

For advertising

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

doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca Please say you saw it in The Commercial Investor

NewSectionPages_FullColor2015.indd 9 COM_3116.indd 43

2015-03-19 3:47 PM 2016-07-28 5:05 PM

44 marketinsight

Commercial Real Estate & Business Opportunities

Volume 16 Issue 07

Morguard research report says foreign investors continue to seek stability in Canadian commercial real estate

D

Canada’s low dollar, coupled with strong demand, continues to drive prices espite Canada’s tepid of high quality real estate assets economic growth forecast, Despite the forecasted erosion of office leasing fundamentals due to foreign investment continues increasing supply, investors continue to find value in the sector, specifically to stimulate the real estate market as in primary markets including: Vancouver, British Columbia, Toronto, Ontario investors look for stability. Morguard and Montreal, Quebec Corporation’s (TSX: MRC) (“Morguard”) The rapidly changing retail environment is resulting in both opportunities second quarter 2016 Economic Outlook and challenges for owners, managers and tenants. and Market Fundamentals Report points BREXIT IMPACT MODEST FOR CANADA to Canada as an attractive market for Global equity markets have fully recovered from the initial shock of the foreign capital investment, due to the United Kingdom’s referendum result to leave the European Union. Moving relative stability of the property sector forward, global equity markets are expected to gradually stabilize over the coupled with the low Canadian dollar, balance of 2016. For Canada the impacts will be modest. Despite being resulting in strong investment interest Canada’s third largest trading partner, the United Kingdom accounts for across the country, specifically in only about three per cent of the country’s total exports, and it’s expected the Vancouver, British Columbia and Toronto, effect on Canada’s economic growth should be mild.

Ontario.

“The overall impact of the Brexit vote will continue to suppress interest rate Q2 2016 KEY FINDINGS Equity markets have stabilized after Brexit turbulence; the impact in Canada will remain modest

COM_3116.indd 44

hikes,” said Keith Reading, Director of Research at Morguard. “The race to investment grade corporate and sovereign fixed income investments has led to yields on those instruments hitting some all-time lows. As a result, the absence of suitable returns from other investment vehicles will translate into continued support for real estate investment.”

2016-07-28 5:05 PM

45

Commercial Real Estate & Business Opportunities 8313781_3116

Bill Byers Sales Representative bill-byers@coldwellbanker.ca

TEMISKAMING REALTY LTD.,

GAS STATION Large Commercial Building 4285 sq' on the main Street in Elk Lake (Hwy # 65 & 560) across from the Montreal River.

Vacant, former gas station, restaurant, repair shop with hoist & owners apartment (not finished). Asking $149,900.

MLS 152302

CANADA’S COMMERCIAL REAL ESTATE MARKET REMAINS ATTRACTIVE TO FOREIGN INVESTORS Investment in Canada’s real estate sector will remain steady in the face of stable interest rates and overall incomes, despite the forecast deterioration of leasing fundamentals in some markets. Over the short to mid-term, investors can expect that commercial property investment demand will continue to outpace the supply of the highest quality Class A office properties available for purchase.

Longer-term however, office leasing fundamentals are expected to soften for the next few years as supply continues to grow. Between 2016 and 2018, Calgary, Alberta will see 4.4 million square feet of new office space added to the market, while Toronto will see an addition of 7.3 million square feet.

This will be contrasted by moderate demand levels, driven by modest economic growth, leading to rising vacancies and downward pressure on rents.

RETAIL FACING OPPORTUNITIES AND CHALLENGES Recent trends reported in Canada’s retail sector have been a source of opportunity and challenge for business. “In some cases shopping centre owners and managers have capitalized on recent trends, including the opening of bricks and mortar stores by a number of online retailers to keep pace with changing consumer behaviour,” said Reading. “There are also

3116_DJW_0035

HOBBY FARM Almost 150 acres with half being worked. The balance is bush, creeks, & ponds. 3 bedroom home, barn with hay loft, garage & more. Asking $199,900. MLS 161480

3116_DJW_1_0142

3116_DJW_0033

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

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

N E $1 W 49 PR ,9 IC 00 E

3116_DJW_2_0040

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

3116_DJW_1_0033

New Liskeard, Northern Ontario

3116_DJW_0034

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

BROKERAGE

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

examples where retailers have rationalized their business operations and have adjusted their store location strategies from larger box locations to enclosed malls.”

At the same time, some shopping centre owners and managers have been able to capitalize on growth in the fashion sector over the recent past. The arrival of U.S. and European fashion operators have provided a lift to mall rosters and another competitive element to the retail leasing environment. Overall, Morguard believes there has been, and will continue to be, healthy and productive growth in some segments of Canada’s shopping centre market.

Central Ontario

Volume 16 Issue 07

Morguard Corporation (TSX: MRC) is a major North American real estate and property management company. It has extensive retail, office, industrial, multi–suite residential, and hotel holdings owned directly, or through its investment in Morguard REIT (TSX: MRT.UN) and Morguard North American Residential REIT (TSX: MRG.UN). Morguard also provides real estate management services to institutional and other investors.

Morguard’s combined real estate portfolio is valued at $16.0 billion. Visit www.morguard.com.

To download the second quarter 2016 Economic Outlook and Market Fundamentals Report, visit http://www.morguard.com.

Please say you saw it in The Commercial Investor

COM_3116.indd 45

2016-07-28 5:05 PM

NIAGARA

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

Welland Fort Erie Beamsville Fonthill Port Colborne

For advertising

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

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

NewSectionPages_FullColor2015.indd 14 COM_3116.indd 46

2015-03-19 3:48 PM 2016-07-28 5:05 PM

Volume 16 Issue 07

47

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_3116 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES Back in the day, this was it!! Today it's so much more. Own a piece of history with this 90+ acre century homestead. 2 storey f a r m hous e with loads of character built around 1820.

Wide plank floors, hardwood floors, 4pc & 2pc bath. Formal living & dining rm plus parlor area, large family rm with wood stove, eat-in country kitchen with brick cook fireplace, office, large back sun rm. 6 spacious bedrooms upstairs, 2 need finishing. New windows, new shingles, rewired 200 amps, drilled well, 2nd residence with dble garage. Cash crop on 70 acres. 6 out buildings, barns..

Asking $829,800

VINELAND BUILDING LOT Very quiet area off the beaten trail with no through traffic, yet only 5 mins to QEW. All city services to the lot line. This lot is mostly ravine, it will allow for a 2,900 sq. ft, 2 storey to be built north of the hydro lines.

Asking $149,800 High profile corner property overlooking St. Catharines new hospital. Major exposure.

All city services just down the road. Corner of First St & St Paul W, the wine route, at the 4way stop. Almost 2 acres presently zoned agri lands within city limits. Great investment with much future potential. $499,800

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

For Lease

Vine and Carlton St. Catharines

1716_DJW_8003

Brokers Protected

Sedimar Developments Ltd.

11307613_3116

Niagara Peninsula

1-888-984-8716

Please say you saw it in The Commercial Investor

3:48 PM

COM_3116.indd 47

2016-07-28 5:05 PM

48

Volume 16 Issue 07

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

VINEMOUNT RIDGE VINEYARD

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, hottub, 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

4680 THOROLD TOWNLINE RD. NIAGARA FALLS

5762 STANLEY AVE. NIAGARA FALLS

3116_DJW_2_0063

3116_DJW_0048

CAISTORVILLE GOLF CLUB

3116_DJW_1_0026

INVESTMENT OPPORTUNITY NIAGARA MOTEL 6

1129 CAISTORVILLE ROAD CAISTON CENTER

+/-98.66 acres. Public 18-hole short course, par 68 Golf couse, with modern clubhouse & maintenance building. The course measures 4817 yards from the White tees on approximately 65 acres with the remaining acreage as bush and forest OFFERED AT $1,295,000 Contact: Mark Stevens, Sales Representative mark.stevens@colliers.com Todd Crawford, Broker todd.crawford@colliers.com

2433 REGIONAL RD. 69, LINCOLN

BEECHWOOD GOLF & COUNTRY CLUB

+/-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

3116_DJW_2_0064

CORPORATE OFFICE LOCATION +/-1.77 acres situated on Hannover Drive Prestige employment and commericial area West St. Catharines. Excellent QEW Hwy exposure.

OFFERED AT $1,295,000 Contact: Taylor Wilson, Broker of Record taylor.wilson@colliers.com Todd Crawford Broker todd.crawford@colliers.com

5700 STANLEY AVE., NIAGARA FALLS

3116_DJW_4_0060

3116_DJW_0047

133 HANNOVER ROAD, ST. CATHARINES

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

9515 MONTROSE ROAD NIAGARA FALLS

Niagara Peninsula

3116_DJW_0049

3116_DJW_2_00653116_DJW_2_0066

53 REGENT ST., WELLAND

FOR LEASE: PRESTIGE INDUSTRIAL

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

Situated on the east side of Montrose Road, near Lyons Creek Road. +/- 17,281 sq ft available; 27' clear Ceiling height; Clean facility with 1 grade and 2 dock Level doors; Newer lighting and landscaping. Minutes to US border; Adjacent to Grand Niagara Golf Course; Building tenants include. Minacs Worldwide and Arrow Games Lease offered at $4.00/sq ft Net Contact: Taylor Wilson, Broker taylor.wilson@colliers.com

Accelerating success.

Global leadership in real estate solutions.

“Information contained herein has been obtained from the owners or from other sources deemed reliable.

We have no reason to doubt its accuracy but regret we cannot guarantee it. All properties subject to change without notice.”

11306014_3116

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2016-07-28 5:05 PM

Volume 16 Issue 07

49

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

Sales Representative

ralph.roselli@colliers.com AVAILABLE

WAREHOUSE/HEAVY INDUSTRIAL/MANUFACTURING W/SEAWAY ACCESS.

ST. CATHARINES DOWNTOWN Free Standing Office Building For Sale • ±2,600 sq ft

ST. CATHARINES Multi-Tenanted Industrial Malls

3116_DJW_2_0059

Situated in the northeastern sector of St. Catharines at Lakeshore Road (Welland Canal) Lock 1. Property contains 3 separate shop bays: 31,311 sq ft high bay with two 10T cranes, 46' ceiling hgt. & 1 large roll up door; Low bay shop containing 24,307 sq ft 8T magna crane, 2 drive in doors with 28'5 ceiling hgt.; 3rd high bay shop containing 40,230 sq ft 2 80T cranes, 2 drive in doors, 68' ceiling hgt. & new heavy loading concrete floors. Driveway access from Seaway Haulage Rd. OFFERED AT $8,500,000.

Contact: Ralph Roselli, Sales Representative ralph.roselli@colliers.com

NIAGARA FALLS Multi-Tenanted Industrial Malls • ±40,000 sq ft

Large Retail Plaza • ±40,000 sq ft • Fully tenanted

*Confidentiality Agreement required

THOROLD Free Standing Industrial Site • ±10,000 sq ft • ±10 acre site • 20’ Clear ceiling hgts Contact: Ralph Roselli,Sales Representative ralph.roselli@colliers.com

MIXED USE INDUSTRIAL BUILDING

151 CUSHMAN ROAD ST. CATHARINES

3116_DJW_0052

COMMERCIAL/INDUSTRIAL SPACE FOR LEASE

*Confidentiality Agreement required

5743 THROLD STONE RD. NIAGARA FALLS

3116_DJW_0051

3116_DJW_0050

7906 LUNDY'S LANE #3 NIAGARA FALLS

• ±28,000 sq ft* • ±22,600 sq ft* • ±20,000 sq ft*

BUILD TO SUIT

2 WESTWOOD ST. CATHARINES

188 BUNTING ROAD, #8B & #9B ST. CATHARINES

201 MERRITT ST. ST. CATHARINES

PRESTIGE INDUSTRIAL BUILDING FOR LEASE

Situated north of the QEW Hwy off York Road. Quick and easy access to the QEW Hwy via Glendale Avenue interchange, minutes from the U.S. border via Hwy 405.

LEASE OFFERED AT: Office/Flex Rent: $12.00/sq ft NET Warehouse Rent: $7.50/sq ft NET TMI: +$4.50/sq ft Contact: Ralph Roselli, Sales Representative ralph.roselli@colliers.com

BROKERAGE APPRAISALS MANAGEMENT

COMMERCIAL UNIT FOR LEASE

3116_DJW_1_0067

Situated on the northwest corner of Cushman Road & Seapark Drive, this brand new build to front onto Seapark Drive offers 5 units at 2000 sq ft each or can range from 2,000 sq ft to 10,000 sq ft. TMI to be established (est. $4.00/sq ft).

OFFERED AT $7.50/sq ft NET Contact: Ralph Roselli, Sales Representative ralph.roselli@colliers.com

3116_DJW_0054

Situated on the north side of Thorold Stone Road near Stanley Ave. Light industrial zoned property incl.

24,410 sq ft w/9 units each separately metered for hydro and gas. 18' clear ceiling hgt, 3 phase hydro available in 2 units, forced air gas/ceiling mounted heater. Lot size +/- 150.06'x336.47' OFFERED AT $1,950,000 Contact: Ralph Roselli, Sales Representative ralph.roselli@colliers.com

3116_DJW_0053

Situated on the south side of Lundy's Lane between Kalar Road and Montrose Road. Great exposure fronting onto busy Lundy's Lane. +/- 3.002 sq ft retail/ office unit adjacent to Subway and anchor tenant Cataract Bowl. Ample on-site parking. Semi gross lease with utilities extra.

LEASE OFFERED AT $18.00/sq ft Contact: Ralph Roselli, Sales Representative ralph.roselli@colliers.com

Situated on Bunting Road South of Welland Avenue & North of QEW Hwy & Eastchester Ave. E. 2,500 sq ft unit available in well maintained multi-tenanted industrial mall. Open warehouse space w/500 sq ft mezzanine.

Sunken Loading Dock 10'x12' w/drive in door 10'x12', ceiling height 16' clearance, easy access to QEW Hwy. LEASE OFFERED AT $6.00/sq ft NET Contact: Ralph Roselli, Sales Representative ralph.roselli@colliers.com

Accelerating success.

Global leadership in real estate solutions.

Please say you saw it in The Commercial Investor

COM_3116.indd 49

MIXED-USE INDUSTRIAL BUILDING

2 units combined 6700 sq. ft, 14' clear ceiling heights, onsite parking 20 vehicles. Fully fenced compound, 600 Vlt 3 phase T8 Lighting, 4 grade level doors.

Zoning: M1-84-112/H-1 H17 (Med Density Mixed use).

REDUCED PRICED AT: $639,000 Contact: Ralph Roselli, Sales Representative ralph.roselli@colliers.com

Niagara Peninsula

340A LAKESHORE RD. ST. CATHARINES

Ralph Roselli

9866060_3116

2016-07-28 5:05 PM

Volume 16 Issue 07

Commercial Real Estate & Business Opportunities 11277217_3116

Greg Howe Sales Representative

905-935-6838 gamhowe@sympatico.ca

11309888_3116

50

Beth O’Brien BROKER ROYAL LEPAGE NIAGARA REAL ESTATE CENTRE, Brokerage

905-871-9559

1-866-226-2413 • 905-650-9971 direct bethobrien@royallepage.ca

Niagara Region 905-358-9800 | 1-877-357-7346 EXCLUSIVE LISTING

502-516 LAKESHORE ROAD, FORT ERIE

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.

3116_DJW_1_0063 Bottom line $1.1 Million.

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.

Outstanding Waterfront Investment Parcel.

Includes 10 homes.

2 are duplexes, total 12 units. Long term tenants. $1,590,000.

Beth O'Brien, Broker, Royal Lepage Niagara Real Estate Centre 3116_DJW_0008 3116_DJW_0007 3116_DJW_0006

3116_DJW_3_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.

Doris Roy Sales Representative

Today Realty Ltd., Brokerage

905-687-1226

3116_DJW_0068

905-892-2632

doris.roy@century21.ca

Niagara Peninsula

46 ADELAIDE ST PORT COLBORNE • All brick and stone 9 unit legal apt bldg. near Lake Erie and Welland Canal • 3 level with concrete floors and balconies • Coin operated laundry • Newer windows, most units upgraded • New hot water Boiler System/2015 • Low vacancy rate with long term tenants • Low maintenance

Asking Price $870,000 Please say you saw it in The Commercial Investor

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Volume 16 Issue 07

51

905-641-1110

Tony Tripodi

cell: 289-241-6954

Broker

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

10331793_3116

Commercial Real Estate & Business Opportunities

INDUSTRIAL * COMMERCIAL * INVESTMENT

Independently Owned & Operated

WANTED

NIAGARA-ON-THE-LAKE

ST. CATHARINES

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.

1. Apartment Buildings from 6 to 60 Units 2. Industrial Building, suitable for manufacturing.

10,000 to 15,000 Sq ft 3.Vacant land zoned for multiple residential development

3116_DJW_4_0051

REDUCED

CATERING BUSINESS

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.

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.

3116_DJW_2_0050

3116_DJW_3_0052

Fully Equiped DELI FOR SALE - $39,000

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

Andrew McGregor 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_3116

$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.

2716_DJW_0057

VALLEY WAY OFFICE & MEDICAL

$600,000

$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

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.

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.

$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.

2716_DJW_0028

OFFICE LEASE REPRESENTATION • Relocation, Satellite office, Lease Renewal • Office Building, Plaza, Character House

Niagara Peninsula

LIVE WORK PLAY

• Business Office • Medical Office • Gross or Triple net Rents

$550,000

2716_DJW_0030

• Locate to 500 sqft - 20,000 Sqft & more

Please say you saw it in The Commercial Investor

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52 marketinsight

Commercial Real Estate & Business Opportunities

Volume 16 Issue 07

Toronto is world’s second hottest luxury real estate market, says Christie’s international real estate report Toronto affiliate Chestnut Park Real Estate says shortage of available properties is keeping market “turbocharged”

T

oronto is the world’s second hottest market for luxury real estate, and Victoria is right behind in third place, according to a new report released by Christie’s International Real Estate and Canadian affiliate Chestnut Park Real Estate of Toronto, a Peerage Realty partner company.

Auckland, New Zealand had the world’s biggest sales growth in the luxury category in 2015, with a 63 per cent increase over the previous year. Toronto’s luxury market, which in absolute size is much larger, grew by 48 per cent, while Victoria posted the third-largest increase out of 100 markets surveyed worldwide.

The definition of “luxury real estate” varies by market, but for Toronto (in 2015) it’s defined as properties worth $3 million (U.S.) and above.

The average worldwide starting point for luxury

real estate is $2.2 million (U.S.).

“Toronto’s turbocharged luxury market continues to be a function of fairly short supply and steadily increasing demand,” says Chestnut Park Real Estate CEO Chris Kapches. “Just as we’re seeing in all other segments of the market, the number of available luxury properties is being outpaced by the numbers of buyers anxious to snap them up.”

Luxury homes sell faster in Toronto than any other city in the world, with deals closing in an average of 28 days, compared to the global average of 195 days on the market.

The report says skyrocketing home prices and record-breaking luxury sales volumes that captured headlines worldwide in recent years abated somewhat in 2015 and early 2016. While 2015 started at the same breakneck speeds that characterized 2014, volatile stock markets and related geopolitical uncertainty caused international luxury real estate market growth rates to finally begin to slow.

Despite all that, Canada remains an attractive country for luxury property buyers.

“Strong governmental, banking and investment systems, favorable migration trends, leading educational institutions and stable employment have all caused our market to defy the decline that other marketplaces are

Please say you saw it in The Commercial Investor

COM_3116.indd 52

2016-07-28 5:05 PM

8181464_3116

Paul Sipos GROUP

53

Commercial Real Estate & Business Opportunities

Sales Representative

Email: psipos1@cogeco.ca

®

SUTTON GROUP SKYWAY REALTY INC., BROKERAGE

www.paulsipos.com

905.646.9001

ASSISTED HOUSING 36 ROSEMOUNT AVENUE, PORT COLBORNE ASKING $1,450,000

Licensed Full-Time since 1986 Member of the “National Commercial Council of the Canadian Real Estate Association”, and “Commercial Council of Niagara”.

ASSISTED HOUSING 803 KING STREET, PORT COLBORNE ASKING $1,300,000

Superb opportunity to own this unqiue Assisted housing facility. This 22 (private and semi private suites 28 beds) boasts 17 contained ensuite bathrooms. Complimented with a larger dining room and kitchen facility. This dynamic property is well maintained and located on approximately 1 acre of land and Contact Paul for details and purchasing within a short walk t the shores of options. Check out my website for further Lake Erie. Owned by one of information at www.paulsipos.com Niagara's premier assisted housing 4915_DJW_3_0084 companies. Turnkey operation.

Dynamic opportunity to purchase this ongoing Assisted well maintained housing facility in a great area of Port Colborne.

This 27 bed facility boasts a variety of private and semi-private suites (some units with ensuite bathrooms). Kitchen, laundry and spacious dining facilities. Boasting a large detached garage with ample storage and maintenance warehouse. Strategically Contact Paul for details and purchasing located near the downtown and next to options. Check out my website for further the sights of the Welland Canal. Large information at www.paulsipos.com exterior deck. Turnkey operation with 4915_DJW_4_0085 purchasing options.

281 WELLAND ST., PORT COLBORNE $28,500

17 CLARK ST., PORT COLBORNE $24,700

Great location for this large lot.

Zoned highway commercial. Many uses.

Great area for this vacant lot! Close to the canal and next to residential dwellings.

Open to offers. Flexible Terms

VACANT LOT

Contact Paul for details and purchasing options. Check out my website for further information at www.paulsipos.com

Contact Paul Sipos @ psipos1@cogeco.ca

Open to offers. Flexible Terms

VACANT LOT

Contact Paul for details and purchasing options. Check out my website for further information at www.paulsipos.com

4915_DJW_1_0113

4915_DJW_2_0112

experiencing in terms of sales volume and average prices,” Kapches said.

In Canada, upward price pressures in key cities like Toronto and Vancouver are having ripple effects in secondary markets including Collingwood and Hamilton.

“We’re seeing an explosion in Collingwood and Hamilton where people are purchasing homes for a third of the price in Toronto and starting businesses in retail space that is less expensive as well,” says Kapches, noting that in October a home in Hamilton listed by Chestnut Park drew 17 offers and ultimately sold for $200,000 over asking price.

HOTTEST LUXURY MARKETS WORLDWIDE (Based on year-over-year growth in sales of luxury properties, 2015 vs 2014) 1.

Auckland, New Zealand (64 per cent increase)

2.

Toronto (48 per cent increase)

3.

Victoria

4.

Valencia, Spain

5.

San Francisco

6.

Jackson Hole, Wyoming

7.

Costa Smeralda, Sardinia

8.

Portland, Oregon

9.

Sydney

Contact Paul Sipos @ psipos1@cogeco.ca for a list of uses.

Christie’s International Real Estate produces an annual report on luxury real estate sales trends, based on an analysis of market data from 100 of its affiliates around the world. This report, “Luxury Defined: An Insight into the Luxury Residential Real Estate Market,” covers the period from January 1 to December 31, 2015. Toronto’s Chestnut Park Real Estate is a Canadian affiliate of Christie’s International Real Estate.

Established in 1990, Chestnut Park delivers a superior real estate experience for buyers, sellers and agents. . Chestnut Park Real Estate is the recent Winner of the 2015 Christie’s International Real Estate Affiliate of the Year Award.

Peerage Realty Partners, transacting over $4 billion annually in sales, offers an innovative alternative for independent real estate firms.

Peerage embraces the entrepreneurial spirit of our Partner firms by encouraging autonomy while providing human and financial resources to accelerate growth. Partners include: Chestnut Park Real Estate, Fifth Avenue Real Estate Marketing Ltd. and Baker Real Estate Inc. Christie’s International Real Estate is an invitation-only affiliate network comprised of the world’s most proven and qualified real estate specialists in the luxury residential sector. The company has offices in New York, London, Hong Kong, Los Angeles, Palm Beach and Moscow, and has 136 global affiliates with 32,000 real estate professionals in 45 countries. For additional information about Christie’s International Real Estate. Visit.christiesrealestate.com.

Niagara Peninsula

Volume 16 Issue 07

10. Stockholm

Please say you saw it in The Commercial Investor

COM_3116.indd 53

2016-07-28 5:05 PM

BUSINESS INVESTORS

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

BUSINESS INVESTORS

The perfect place to list all of your businesses opportunities

For advertising

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

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

NewSectionPages_FullColor2015.indd 15 COM_3116.indd 54

2015-03-19 3:48 PM 2016-07-28 5:05 PM

Volume 16 Issue 07

55

Commercial Real Estate & Business Opportunities

9649286_3116

Business Investor

Article continued from July 2 issue

Please say you saw it in The Commercial Investor

3:48 PM

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56

Commercial Real Estate & Business Opportunities

Volume 16 Issue 07

Business Investor

We will continue this in the next issue of the Commercial Investor 11289457_3116

Please say you saw it in The Commercial Investor

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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.

DOLLAR STORE - $79,900

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

Well established Dollar Store doing $7000 per week in sales and growing gradually. Lotto and Tobacco products just added. Good for family operation. Long lease and reasonable 3116_DJW_0056 rent.

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.

8148414_3116

905.929.9800 647.609.9463 905.574.6400

3116_DJW_3_0041 3116_DJW_2_0017

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.

3116_DJW_2_0005

3116_DJW_3_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.

3116_DJW_2_0007

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.

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.

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.

3116_DJW_3_0013

3116_DJW_2_0011

3116_DJW_2_0061

REDUCED $49,900

EAST HAMILTON

PLAZA FOR SALE

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

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.

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.

RE $4 DU 9, CE 90 D 0

BURLINGTON BUSINESS FOR SALE

3116_DJW_2_0023

3116_DJW_5_0018

3116_DJW_1_0085

VACANT LAND $3,500,000

FOR LEASE - $1,200 P/M

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.

Central mountain ideal location for professional office like dentist, doctor, accountant, insurance or any other office use.

Rent includes all the utilities, over 1000 square feet of space with 5 small offices, reception & meeting room area.

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.

3116_DJW_4_0006

3116_DJW_0067

3116_DJW_2_0021

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legallyspeaking

Tenant default . . .

What can a commercial landlord do?

By Jayson Schwarz

Y

ou have signed a five-year lease with a new tenant. His credit checked out, he did improvements and all is good.

Suddenly, two years go by, and then cheques start to bounce.

You try to speak to the tenant, communication breaks down, and you are owed money. Your mortgage company wants its payment what can you do?

The real question is a decision between distress and forfeiture. Ok, what does this mean? A distress is when you enter the premises take control change the locks and seize all of the Tenant’s goods on the premises. A forfeiture occurs when you change the locks and terminate the lease.

Remember the lease is your blueprint on how to proceed and if you have a loose lease you may have limited options. Whatever the lease does not cover the Commercial Tenancies Act, R.S.O. 1990, c. L.7 will regulate.

Distress: Before a landlord can distress the property, a few conditions will need to be satisfied. You must give the tenant notice in writing of the breach. The governing law states that if notice is required, unless the lease says otherwise (remember what I said about loose leases), such notice must be given fifteen days before changing the locks; Provided you have the authority by lease or statute the way to go about this is to attend at the premises with a locksmith and your carefully prepared “Notice of Distress” and change the locks. Remember you must give the tenant access to the premises during normal working hours to attend on the premises. Your lawyer can give you detailed advice on how to wend your way through this technical area so you do not mess up.

Why distress? Subject to HST you have the right if the tenant does not pay you current (quite often plus accelerated rent) within five days of the distress to have the tenant’s goods sold to pay your rent and costs. You need to do appraisals etc. Again consult your lawyer because you cannot afford to mess up doing this. As a comment a Landlord’s distress comes just about ahead of everyone including secured bank debt except monies still owing on a conditional sales contract and a bankruptcy trustee if the tenant goes bankrupt before you have completed a sale. And worst of all HST. The huge downside risk is HST. If the Tenant owed HST for the period prior to your seizure you the Landlord become liable to remit monies received on the Distress first to monies still owing on a conditional sales contract and then HST. This means you could go through the whole exercise and end up with nothing. Check before you seize!!!!!

If you get all of your money the lease is back in good standing and the tenant’s obligations continue.

In a forfeiture you re-enter the property for the express purpose of terminating the lease, throwing the tenant out and moving forward to release immediately. This is a judgement call based on the value of the tenant’s assets and your own business reasons for how to proceed. Again notice is critical and often your lawyer can help you find a Bailiff to assist in properly terminating the lease and locking-out the tenant. Landlords must ensure that they are protecting themselves before terminating a lease.

Once the landlord re-enters properly and in accordance with the law and the lease, the property is secured for the benefit of the landlord alone and the tenant is denied access. The landlord and tenant relationship is ended.

The tenant may remove its property and the landlord must try to stem his or her damages by re-renting to someone else. This is old law and some counsel are taking the position there is no duty to mitigate in a commercial lease. My position is that failure to try and reduce the loss by taking steps to re-lease is neither smart from a business or legal perspective. You still have the right to sue the tenant for your losses however, but generally good luck unless you have personal guarantees.

Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the web site (www.schwarzlaw.ca), email (info@ schwarzlaw.ca), 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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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 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

• New roof • 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

TAXI BUSINESS WITH PROPERTY

8% CAP - BRANTFORD

COBOURG

• New Construction • 9 units for sale • Rent GUARANTEE • NET INCOME $175,000 • 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

$2,199,000

$925,000

2316_DJW_2_0075

2716_DJW_0060

LAND PARCELS IN FORT ERIE 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_3116

SELLER WILL HOLD BACK MORTGAGE

NEAR MULTIPLE BOARDER CROSSINGS TO USA

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

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investorinsights

WHAT DO RENTERS REALLY WANT? Five things condo investors should look for

By Andrew la Fleur

Y

our investment condo is only useful to you if you can find tenants to rent it out and put cash back in your pocket. Shopping for a condo from the perspective of a landlord is different than shopping as a homebuyer. Yes, you have to like it. But more importantly, renters have to want it.

With an eye toward what will draw the most quality tenants, here are my top five most “rentable” qualities to look for:

1. CONVENIENT LOCATION Renters today more than anything are concerned about having a location that is convenient to work, shopping and public transit. Buy near these three, and you will have a winner.

2. AFFORDABLE PRICE Following location, the thing that renters look at most closely is cost. The lower the price, the more potential tenants you’ll attract. Keep in mind that most renters aren’t looking for spare rooms and fancy finishes. Buy small and buy cheap.

3. EXTENSIVE AMENITIES While some renters prefer a smaller building with little or no amenities, most would choose a building with plenty of amenities over one without. Topping the list? A good gym.

4. FLEXIBLE FLOORPLAN Floorplans that allow for different uses of the space — for example a den that could double as a second bedroom or a home office — will open up your unit to a larger pool of potential renters.

5. WINDOW COVERINGS This seems like a small thing, but it is something that is very important to tenants. Invest in a good set of window coverings and your unit will be more attractive to tenants and will rent out faster.

Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto condo market.

Contact Andrew at 416.371.2333 or andrew@truecondos.com.

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8468583_3116

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.

CAMPGROUNDS FOR SALE

11309500_3116

2716_DJW_0012

• 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 15G COM

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SPOTLIGHT SECTION 256 JOSEPHINE ST, WINGHAM, ON Looking for a great investment opportunity

??

Brady Werth KEMPSTON & WERTH REALTY LTD.

519-418-4663

2115-DJW-0001

SALES REPRESENTATIVE

$595,000

OFFICE

This property includes 12 residential apartment units complete with newer appliances (2014).

4 commercial ground level units w/forced air gas furnaces & air conditioning. The building is complete w/security camera system, fully updated building fire monitoring system, new coin laundry on site. Ample parking at the rear of the property. 10.99% cap rate & fully occupied.

Rubber membrane flat roof replaced 2013.

11297047_3116

BE SEEN THEIN LIMELIGHT Highlight your hot, new and unique listing.

Feature 2 properties and your agent photo in a full colour quarter page ad.

Reserve your space today! 1-800-268-0077 THE COMMERCIAL INVESTOR SPOTLIGHT

COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!

start your search here.

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THE COMMERCIAL INVESTOR SPOTLIGHT

COMM_GLOSS_3116.indd 16

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

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

2016-07-28 2:24 PM

11301409_3116

“WE PRODUCE RESULTS”

Free CMA Evaluation with this cut out ad

LAND DEVELOPMENT / INVESTMENT / BUY & HOLD FUTURE

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

stakteam@gmail.com

905-333-3500

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

1019 WILSON ST ANCASTER

TURN KEY BUSINESS IN BURLINGTON

Approximately 5,600 square feet high density corner location. Double driveway.

Located in heart of business area in Ancaster/Hamilton across from Smart Centre and future development site.

Industrial builing 64,835 sq. ft., 1+1 loading doors, 4+1 drive-in doors.

Opportunity for expansion on 6.13 acres. MLS #H3172917

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

3116_DJW_2_0048

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

$488,888

3116_DJW_2_0049

1267 GARRISON RD FORT ERIE Family business for sale. Owner retiring after over 40 yrs, between 2 restaurants and 7 yrs. at this location with pride of ownership. Absolutely clean and spotless restaurant known for pizza, wings, pasta salads & subs and more! Top of the line kitchen chattels and equipment with clean overall condition with combination of versatility using: pasta machine, deli prep counter, pizza oven with 4 $128,888 rotisseries with space for eight. Bread

BUILDERS DELIGHT $65,777

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

Excellent income of approx $70K per month/gross. MLS H3179171

LAND FOR SALE $158,888 Cayuga builders delight. Double lot zoned residential.

MLS #H3169625 BUILDING LOT OPPORTUNITIES

– Sherbrooke $38,888 - 1.609 acres -- MLS# H3170098 – Sherbrooke $18,888 - 1.936 acres -- MLS# H3170143 – Dunnville $58,888 - 1.09 acres -- MLS# H3169647 – Dunnville $65,777 - 1.22 acres corner lot -- MLS# H3169751

8302229_3116

Residential rural building lots with all necessary amenities.

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

$398,888 $23.50/SQ FT

3116_DJW_1_0048

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COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_3116

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 Representative + Broker

0916_

EXCELLENT MARKHAM INVESTMENT

MAIN/DANFORTH - MEDICAL CENTRE LEASE SPACE

First class medical centre at Main/Danforth Subway.

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

0916_

KENNEDY RD RETAIL/OFFICE 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! $16.95/Sq. ft. Net. Also, prime 722 sf office space, great signage! $24.85 sq. ft./gross. Call Matt: 647-500-7708

COMING SOON TO MARKHAM!

0916_DJW_3_0071

VE

SI

U CL

RESTAURANT FOR SALE IN MAJOR PLAZA WITH AMPLE PARKING!

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

Ravine property! Industrial area! $638,800.

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.

0916_

0916_DJW_3_0071

EX

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

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. $288,800. Call Peter 416-606-7882 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_3116

PRIME YORKVILLE LEASE

0916_DJW_3_0071 OPPORTUNITY!

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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