Commercial Investor - 27 Aug., 2016

Aug 27 - Sep 24, 2016, Volume 16 Issue 08

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

REQUEST FOR OFFERS

CHESLEY - RESIDENTIAL SUBDIVISION - $890,000

30 ACRES

E IV US NG L C TI EX LIS

• 961 Dundas St S, Cambridge • Offer deadline 5pm on September 22nd, 2016 • Designated Heritage residence on 3.915 acres, Zoned R4 (H) • Development potential for up to 65 residential townhomes in East Galt • Close to Moffat Creek • Link for Pictures: https://youriguide.com/961_dundas_st_s_cambridge_on • Link for aerial video: https://youtu.be/ihb5HaWJNBA Call Duncan McLean, Sales Representative CMA Realty Ltd., Brokerage

Direct: 519-590-7997 duncan@cmarealty.ca

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

FOR SALE OR LEASE - 2400 CORNWALL RD. OAKVILLE

• 24’ clear height • Drive-in doors • E2 zoning allows multiple uses

Michael Schuler, Senior Vice President, Broker, (289)291-5067 mschuler@cbci.ca John Chaves, Sales Representative, (289)291-5072 jchaves@cbci.ca Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage

FREE SUBSCRIPTION!

COMM_GLOSS_3516.indd 1

FC_3516 (COM)

• Energy efficient commercial condos • 2,500 SF units • Ample parking

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

2016-08-23 1:46 PM

FOR LEASE

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

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

3516_DJW_1_0866

BUILDING FOR SALE/UNIT FOR LEASE - HAMILTON EAST

$16 PER SQ FT PLUS $4 TMI/CAM

FOR LEASE

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

Over 3000 sqft. of retail/office space in prime location in Beamsville at main signalized intersection along the wine route with easy access to QEW corridor. Asking $18 per square foot plus TMI of $6 per square foot.

• • • • •

3516_DJW_1_0008

FOR LEASE - GRIMSBY WITH QEW EXPOSURE

3516_DJW_2_0039

DEVELOPMENT OPPORTUNITY - HAMILTON

• • •

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

• 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

3516_DJW_2_0006

STONEY CREEK INDUSTRIAL LAND

3516_DJW_1_0007

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

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. 3516_DJW_2_0048

M 5 m

BUILDING FOR SALE - 168 RAGLAN ST. S. RENFREW

• • • •

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.

3516_DJW_1_0055

• • • •

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 3516_DJW_1_0010

BRAND NEW COMMERCIAL CONDOS

• 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 3516_DJW_1_0011

BRAND NEW COMMERCIAL CONDOS - GRIMSBY

ATTENTION LAND OWNERS 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.

3516_DJW_3_0023

WE NEED DEVELOPMENT LAND PLEASE CALL US

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!

3516_DJW_2_0047

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

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

Broker nkazan@royallepage.ca Office 905.574.3038

Broker nvbredow@royallepage.ca Office 905.574.3038

Not intended to solicit Properties or Buyers Currently Under Contract

11308425_3516

2G

COM

COMM_GLOSS_3516.indd 2

Da 51 da

2016-08-23 1:46 PM

• • •

To 51 to

Lo 38 N T F

Th ha In at Re

SOUTHWESTERN ONTARIO INVESTMENT TEAM

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

Potential Townhouse Development Land Brantford, ON

• ± 28 Potential 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

4.29 Acres; 46,396 sq. ft. office building 1 Acre excess land for potential sale/development Located in Huron Business Park Asking $6,500,000 (sale); $10.95 psf NNN (lease)

Commercial Development Land London, ON

• • • •

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

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

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

High Density Residential Land For Sale London, ON

• • • •

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

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

Vacant Land Windsor, ON

Land Opportunity

Wilmot Township, ON

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

• • • •

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

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

Multi-Tenant Building For Sale Kitchener, ON

11284449_3516

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

King/Northfield Industrial Opportunity Waterloo, ON

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 Easily divisible Investor or user 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

3G

COM

COMM_GLOSS_3516.indd 3

2016-08-23 1:46 PM

SOUTHWESTERN ONTARIO

COMMERCIAL OPPORTUNITIES

Asking $1,649,000 PRIME DOWNTOWN LOCATION

1255-1273 Ouellette Avenue - Windsor, Ontario Turn Key for Office / Retail or Professional users Great commercial opportunity located within walking distance

to the downtown core

SPACE AVAILABLE

- 9,300 square feet (approx.)

- Office / Retail space - Use of full basement of approx. 4,600 square feet

On-site parking Taxes $51,450 (2015) Zoned CD 3.5 / 3.2

- Allows for a variety of retail office uses

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

Asking $2,950,000 ATTENTION INVESTORS

2679 Howard Avenue - Windsor, ON N8X 3X2

93,000 sq.ft. on 7.05 Acres Freestanding industrial / warehouse and office facility Partially tenanted / ample on-site parking 16’-30’ foot clear heights Various grade loading doors 10 cranes ranging from 5-25 ton Indoor / Outdoor storage Approximately $150,000 Net Income with excess vacancy Tremendous Income Potential

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

DAVID JONGERDEN, Sales Rep david.jongerden@cushwakeswo.com 519.438.9125

519.438.5588

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

For Sale and Lease

COMMERCIAL / CONDOMINIUM 379 Dundas Street - London, ON N6B 1V5

DOWNTOWN LONDON commercial condominium with underground parking included. Various sized units available ranging from 300 to 60,000 square feet, with virtually every size in between.

Extremely broad DA2 zoning allows for a large range of retail and office purposes. Space can be divided into smaller units or be made larger. Currently built out as office space. Space available on both the first & second floors.

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

DAVID JONGERDEN, Sales Rep david.jonderden@cushwakeswo.com 519.438.9125

11266917_3516

www.cushwakeswo.com

4G

COM

COMM_GLOSS_3516.indd 4

2016-08-23 1:46 PM

m

HAMILTON

LONDON UP

SI RE DE O NT N S

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

rge La r Lot rne Co

12 SUITES

BELLEVILLE ICE PR CED DU E R

PORT HOPE Br ig Sp ht R e ac iou nov s U ated nit s!

x Ple n 12lid ntow o w n S o Do in ond L

MA

L IN OW BU TENA ILD NC ING E

ICE PR CED DU E R

• Asking $725,000 • Asking $72,500 per Suite • Access to Public Transit and Various Consumer Amenities within a Short Distance • Potential Upside on Current Rents • 8 of 10 Tenants Pay Their Own Hydro • Potential to Add Additional Apartments • Large Bedrooms in All Two Bedroom Apartments

• 2 x Bachelor 8 x Two Bedrooms • Building May Require Additional Capital and Upgrading in Order to Maximize its Potential • 6.7% CAP Rate • 13.3% R.O.I. • Seller will consider holding VTB 1st Mortgage for 80% of Purchase at 5%

10 SUITES 8172756_3516

m 5G

COM

COMM_GLOSS_3516.indd 5

2016-08-23 1:46 PM

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

HomeLife Bayview Realty Inc., Brokerage

Twin City Realty Inc. Brokerage

B.A.

Residential, Commercial and Investments Sales Representative

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

Holly Illman, MBA Sales Representative Direct:

226-388-4083

11266919_3516

Rita Mollicone,

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 • High visibility! Great commercial location just down the road from Wal-Mart • Very high traffic area • 3747 square foot building • Currently set up as an eat-in/ take-out pizza restaurant • Sale Price $1,290,000 • Lease Price $21.00 per sq ft • Great location to open your own franchise

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

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

3516_DJW_3_0084

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

v

POTENTIAL DEVELOPMENT PROPERTY PARIS, ON • 75 acre property adjacent to residential development.

• Motivated seller.

DEVELOPMENT LAND ON YONGE • Over 1 acres of land • Great exposure - residential and commercial • Richmond Hill • $6.5M

• Exclusive.

3516_DJW_0040

RESIDENTIAL LOTS & DEVELOPMENT PROPERTIES AVAILABLE IN PARIS

247 CENTENNIAL PARKWAY N., HAMILTON

QEW & CENTENNIAL PARKWAY 45 GODERICH

OFFICE SPACE

COMMERCIAL/RETAIL/ OFFICE SPACE

OFFICE RETAIL SPACE

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

From $12.00 per sq. ft. gross.

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

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

Available Immediately.

918 - 2457 sq. ft.

Plenty of parking and signage.

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

8 MAIN ST. E., HAMILTON

1715_DJW_2_0029

1715_DJW_1_0028

1715_DJW_1_7007

905-777-0252 ext 304 E-mail:

info@desantis.com

www.desantis.com

8148088_3516

Tony DeSantis

6G

COM

COMM_GLOSS_3516.indd 6

2016-08-23 4:09 PM

heritage home in East Galt • Exclusive Listing • Call Duncan McLean

3516_DJW_3_0031

288 & 292 OTTAWA ST S, KITCHENER

$720,000

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

to Mark Nunes, Bauer Kitchener, Vincezo's and others.

• Zoning allows many retail and office uses.

• Call Duncan McLean

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

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

FREDERICK MALL, KITCHENER

KITCHENER, ONTARIO

519.578.0337

CELL:

• Retail/office units available from 750 12,634 sf • On bus route and Highway 7/85 • Great neighbourhood mall

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

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

$309,900

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

540 BINGEMANS CENTRE DR, KITCHENER

• High profile office building to be constructed • Ready for occupancy in Fall 2016 • Two floors consisting of 11,250 sq ft each.

• Possible build to suit for

$11.95-

3516_DJW_2_0032

$20.00/SF

3516_DJW_3_0029

4210 KING ST E, KITCHENER

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

#8 - 160 FROBISHER DR., WATERLOO

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

24 KING ST E, KITCHENER 3516_DJW_1_0005

$27.00/SF

3516_DJW_3_0022

106 -191 KING ST S, WATERLOO

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

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

$20.00/SF

single tenant.

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

1165 FRANKLIN ST. CAMBRIDGE

$11.95/SF

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

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

• Ample parking • Call Chris McFarlane

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_3516

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

• Call Ryan Briggs

$950,000

3516_DJW_4_0029

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

INNERKIP DEVELOPMENT SITE & LOTS

Uptown Waterloo • Land & Building only • Call Ryan Briggs

3516_DJW_1_0025

$799,900

3516_DJW_2_0028

28 WEBER ST W, KITCHENER

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

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

3516_DJW_2_0025

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

$1,925,000

3516_DJW_3_0028

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

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

$995,000

159 ERB ST W, WATERLOO 3516_DJW_2_0029

$1,030,000

3516_DJW_2_0024

2786 KING ST. E., KITCHENER

735 BRIDGE ST W, WATERLOO 3516_DJW_2_8000

• 1.8 acres development land Downtown Kitchener • Zoned CR-2 allows for commercial space & condominium/ apartment units • Approved for up to 11 storeys • Call Neil Koebel

3516_DJW_0020

• Request for offer submission deadline is 5 pm. Sept. 22, 2016 • 3.915 acres zoned R4 (H) • Development potential for townhome site around

v

$4,890,000

WEBER ST E, KITCHENER

3516_DJW_1_0043

961 DUNDAS ST S, CAMBRIDGE

519.588.6683

Chris@cmarealty.ca 7G

COM

COMM_GLOSS_3516.indd 7

2016-08-23 1:46 PM

SOUTHWESTERN ONTARIO INVESTMENT TEAM

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

Multi-tenant Industrial Building For Sale London, ON

• • • •

Total building area - 49,417 sq. ft.

Site area - 2.04 Acres Industrial - 32,326 sq. ft. | Office - 14,550 sq. ft.

Asking $2,900,000 ($58.69 per sq. ft.)

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

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

• • • •

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

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

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

Industrial Investment Opportunity

Kitchener, ON

• • • •

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

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

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

• • • •

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

Vacant Land Windsor, ON

• • • •

Estate Lot Subdivision Opportunity Inverhaugh, ON

37.11 acres Potential for 37 Estate Lots 15 minutes to KW, Cambridge & Guelph Asking $2,950,000

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

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

11276500_3516

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

Multi-Tenant Industrial Building Kitchener, ON

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

• • • •

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

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

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

Newly Renovated Flex Office Building Cambridge, ON

High Exposure Commercial Development Land

Morriston, ON

• 6.11 Acres • Immediate access to Hwy 401 E/W • Daily traffic counts in excess of 22,800

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

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

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

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

17,025 sq. ft. on 1.45 Acres Along LRT route, above average on-site parking 2 frontages Asking $995,000

• • • •

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

8G

COM

COMM_GLOSS_3516.indd 8

2016-08-23 1:46 PM

g

a

n”) he ket hts 11305825_3116

COMM_GLOSS_3516.indd 9

2016-08-23 1:46 PM

11310504_3516

BEST INVESTOR OPPORTUNITY IN NIAGARA FALLS: • Excellent location. (8056 McLeod Road Niagara Falls) • Extensive amenities (Gym and Party room available on site, close to shopping mall, school, park and QEW) • Great market area with extensive growth projections (new general hospital on the way, close to US Border with US investors, attractive to over seas students) • Save $$$ with our preconstruction pricing; offering good upside value in Niagara Falls.

• Turnkey rental opportunities with professional property manager who has over 35 years experience 3516_DJW_0024

289-271-4950 panoramacondo@sutton.com or niagarafallscondo@gmail.com

Broker of Record

Sale office located at 7000 McLeod Road Unit 7A. Niagara Falls Open Friday, Saturday and Sunday.

Available other dates by appointment.

11310505_3516

Sutton Group Central Realty Inc., Brokerage

Chris Luxemburger

10G COM

COMM_GLOSS_3516.indd 10

2016-08-23 1:46 PM

Volume 16 Issue 08

1

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

INDEX Kitchener, Waterloo & Guelph

READ BY over 100,000 Business Readers! distributed in over 1,700 locations!

Owen huge coverage area - Windsor to Ottawa!

Sound

Southwestern Ontario

13

Hamilton

21

Greater Toronto Area

29

Central Ontario

40

Eastern Ontario

44

Niagara

47

Haliburton Business Opportunities

54

Georgina Brock

Bradford

Listowel

Hamilton

Ancaster

Haldimand

Windsor Published by:

EDITOR-IN-CHIEF DIRECTOR OF CONTENT Susan Legge DIRECTOR OF SALES, NATIONAL Moe Lalani

Elizabethtown

Nanticoke

Simcoe

Cobourg

Campbellford

Gananoque

Kingston Belleville Trenton

Next issue:

September 24, 2016 St. Catharines Niagara Falls

Welland Fort Erie Dunnville

Advertising deadline:

September 13, 2016

For advertising information call

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

Chatham

PRESIDENT YELLOW PAGES NEXTHOME Jacqueline Hill

Toronto

Cambridge Burlington

Norfolk

Tel: (416) 626-4200 Fax: (416) 789-9705 Toll Free: 1-855-626-4200

Manotick Carleton Place Mountain Merrickville Perth Morrisburg

Oshawa Bowmanville

Mississauga Waterloo Guelph Oakville Kitchener

London

Peterborough

Uxbridge

Markham Caledon Pickering Georgetown Vaughan Scarborough Brampton

Tillsonburg

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

Lindsay

Newmarket

Orangeville

Woodstock Brantford Sarnia

Kanata Gloucester Nepean

Orillia

Port Elgin

Grand Bend

Hull Orleans Renfrew Ottawa

Augusta

Barrie

Goderich

Gatineau Rockland

Arnprior

Smiths Falls

Collingwood

Get the full coverage you need – advertise in Commercial Investor

4

SENIOR EDITOR Elisa Krovblit MEDIA CONSULTANT Doreen Wills SALES CO-ORDINATOR Gary Chilvers Jennifer Mardini (on leave) MANAGER OF PRODUCTION Helen Pearce PRODUCTION CO-ORDINATORS Swinder Jodhka, Brad Smith CIRCULATION INQUIRIES

Toll Free: 1-855-626-4200

Copyright Notice: All copyright and other intellectual property rights in the contents hereof are the property of Yellow Pages Homes Limited and not of the customer. The customer has purchased the right of reproduction in The Commercial Investor only and does not have the right to reproduce the ad or photo in any other place or publication. Contents of this publication are covered by copyright and offenders will be prosecuted under the law.

Copyright 2016 Copyright 2016 Yellow Pages Homes Limited.

All rights reserved by Yellow Pages Homes Limited, Toronto, Ontario, Canada.

Reproduction, storage in a retrieval system or transmission in any form or by any means, whether electronic, mechanical or otherwise, in whole or in part, without the prior written permission of Yellow Pages Homes Limited is

strictly prohibited. Published every month by Yellow Pages Homes Limited.

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

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

Please say you saw it in The Commercial Investor

COM_3516.indd 1

2016-08-25 3:45 PM

Maxvi

2

Commercial Real Estate & Business Opportunities

Volume 16 Issue 08

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Special Features p.42

12 BUSINESS SAVVY — First steps to starting a small business – What do entrepreneurs look like?

20 BUSINESS SAVVY — Are too many small business owners being unnecessarily distracted by legal disputes with their customers?

24 STAT CHAT — Should you buy what foreign investors buy?

By Ben Myers 36 TREB REPORT — GTA Realtors release commercial market figures 38 BUSINESS BAROMETER — Small business confidence rebounds in August 42 IN THE NEWS — Ontario could boost manufacturing sector by following Michigan’s example: Fraser Institute 46 MARKET INSIGHT — Positive absorption on both sides of the border while Canadian and U.S. vacancy rates converge 50 MARKET INSIGHT — Have an investment? Here are three things you need to know GLOSSY SECTION EDITORIAL 12G LEGALLY SPEAKING — Rental applications – When can landlords retain deposits?

By Jayson Schwarz 14G INVESTOR INSIGHTS — Should I invest in a new condo this year?

By Andrew la Fleur 15G BUSINESS BAROMETER — CPP increase not so “modest” according to small business

Please say you saw it in The Commercial Investor

COM_3516.indd 2

2016-08-25 3:45 PM

Volume 16 Issue 08

3

Commercial Real Estate & Business Opportunities

OPPORTUNITY IS KNOCKING Don’t miss any opportunities!

Subscribe today!

Have 3 issues of The Commercial Investor

DELIVERED DIRECTLY TO YOUR DOOR– FOR FREE! Keep yourself up-to-date with a subscription to The Commercial Investor.

Have the latest issue delivered to your door for three months.

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

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

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

Or, email us at: thecommercialinvestor@ypnexthome.ca

*Canadian Residents Only

Please say you saw it in The Commercial Investor

COM_3516.indd 3

2016-08-25 3:45 PM

4

Commercial Real Estate & Business Opportunities

Volume 16 Issue 08

KITCHENER, WATERLOO & GUELPH

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

KITCHENER, WATERLOO & GUELPH SECTION COVERING: Cambridge Durham Elora

Fergus Guelph Kitchener Waterloo

For advertising

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

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

Please say you saw it in The Commercial Investor

NewSectionPages_FullColor2015.indd 2 COM_3516.indd 4

2015-03-19 3:47 PM 2016-08-25 3:45 PM

Volume 16 Issue 08

5 Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

www.teammilovick.com

519-745-7000

BROKERAGE INDEPENDENTLY OWNED AND OPERATED

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

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

mike@teammilovick.com

fax: 519-489-1333

www.TeamMilovick.com

Invest in Ontario’s Number 1 Town Today!

11298911_3516

Grand Valley Realty

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

2,280,000

$

1,799,000

$ 3116_DJW_1_0006

310 KING STREET NORTH, WATERLOO

875,000

850,000

599,900

• 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

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

$

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

359,900

3116_DJW_1_0031

$

3116_DJW_1_0070

• 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_0069

406 253 ALBERT STREET, WATERLOO

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

239,990

699,900

$ 3116_DJW_1_0074

67 CARDILL CRESCENT, WATERLOO

489,900

3116_DJW_1_0071

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

$ 3116_DJW_1_0094

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

392 ERB ST. W. WATERLOO

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

13 AVONDALE AVENUE SOUTH, WATERLOO

$

1,160,000

$

3116_DJW_1_0666

52 NOECKER STREET, WATERLOO

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

$

379 ERB STREET WEST, WATERLOO

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

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_0004

3116_DJW_1_0101

Please say you saw it in The Commercial Investor

3:47 PM

COM_3516.indd 5

2016-08-25 3:45 PM

6

Commercial Real Estate & Business Opportunities

Volume 16 Issue 08

Kitchener/Waterloo Guelph & Cambridge 11236833_3516

Please say you saw it in The Commercial Investor

COM_3516.indd 6

2016-08-25 3:45 PM

7

Commercial Real Estate & Business Opportunities 11235960_3516

11310421_3516

Giovanni Pluchino

REALTY LTD., BROKERAGE INDEPENDENTLY OWNED & OPERATED

Sales Representative

519-741-6970 519-741-6368 fax: 519-669-5119

Mildred direct: Len direct:

Contact us

905-841-1030 • 416-565-3727 giopluch@gmail.com

519-669-1544

*Len & Mildred Frey**

www.thefreyteam.com

*Sales Representative **Broker

by phone: email: mildred@thefreyteam.com

Kitchener/Waterloo Guelph & Cambridge

Volume 16 Issue 08

THE FREY TEAM

OPPORTUNITY KNOCKS

$4,499,000

3516_DJW_0006

• 36 condo titled units 30x2 bedrooms, 6x1 bedrooms.

• New roofs 2016, new boilers 2015, new windows 2011.

• Lot size 140.3 x 300 ft.

• Separate hydro meter, tenants pay own hydro.

• 75% of units have been renovated, all with new appliances.

• New flooring in hallways and stairways, great curb appeal.

• Possession flexible.

• Exclusive listing.

For further information please contact.

Giovanni Pluchino 416-565-3727 giopluch@gmail.com

3516_DJW_0007

$375,000. BUSINESS ONLY

This thriving business is located just South of Elmira in a very active Retail Mall. 10 year lease is in place and the Franchise is paid in full.

Great sales in the last year and catering contracts are in place with schools and local businesses.

Call for more information. MLS #30534761. Call Mildred Frey.

3516_DJW_0016

3516_DJW_0017 3516_DJW_0018

INVESTMENT & DEVELOPMENT OPPORTUNITIES 26 Residential Apartments & 3 Commercial Units › › › › › ›

4 Storey 12 — 1 Bed, 12 — 2 Bed, and 2 — 3 Bed Nice Building Well Managed Close to All Amenities 6.7 % Cap rate

› › › ›

Great Location Future Development Lands Major Neighbour / Developers Re-zoning A Rare Oportunity !

8148768_3516

49 Acres

Mike K. Nanavati, Broker of Record Wind Star Realty Limited Tel: (416) 730-8484 Email: mnanavati@sympatico.ca Please say you saw it in The Commercial Investor

COM_3516.indd 7

2016-08-25 3:45 PM

8

Volume 16 Issue 08

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

519.742.7000 www.coupalmarkou.com

SALE

48 KING STREET EAST, COLBORNE

SALE

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

• $579,900 MLS

835 VICTORIA STREET NORTH, KITCHENER

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

• $1,500,000

MLS

3116_DJW_3_0023

SALE

405 KING STREET NORTH, WATERLOO

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

3116_DJW_2_0052

EXCLUSIVE

MLS

3116_DJW_0060

SALE

138 BLEAMS ROAD, KITCHENER

SALE

MLS

300 BRIDGE ST EAST, KITCHENER

MLS

MLS

3116_DJW_1_0117

1015-1051 KING STREET EAST, KITCHENER

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

3116_DJW_0058

SALE

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

3116_DJW_3_0021

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

SALE

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

3116_DJW_1_0051

54 BRIDGE ST WEST, KITCHENER

SALE

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

3116_DJW_0061

SALE

1677 SYNDERS ROAD EAST, PETERSBURG

460 COLUMBIA STREET WEST, WATERLOO

• Rare Opportunity!

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

3116_DJW_0059

Christopher Coupal

John Markou

Theo Papadopoulos

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

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

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

CONNECT

11289418_3516

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

Please say you saw it in The Commercial Investor

COM_3516.indd 8

2016-08-25 3:45 PM

9

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

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 • 2,033 sq ft • $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_0039

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 • 1,008 sq ft.

• $11.00 /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.

LEASE

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 08

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_3516

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

Please say you saw it in The Commercial Investor

COM_3516.indd 9

2016-08-25 3:45 PM

10

Commercial Real Estate & Business Opportunities

Volume 16 Issue 08

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

RETAIL/OFFICE INVESTMENT FOR SALE 839 SF· $12.00/SF ·MLS:KW1537515·Kitchener COLDWELL BANKER COMMERCIAL 3,200 SF · $13.50/SF · MLS:30525672 · 800 SF · $21.00/SF · MLS:30501217 · Finished office, great for medical & service 10,704 SF · $2,195,000 · St Jacobs Cambridge · Zoning C2, Ample Free Parking, MLS:30508545 Waterloo floor opportunity.

High PETER BENNINGER REALTY, BROKERAGE · Rare · main Excellent for Owner/User.

28,100 SF · $1,850,000 · Exclusive · Kitchener use. Gary Boudreau*/James Boudreau**

Drive‐Thru. Gary Boudreau** Potential traffic intersection of University & Bridge. for value add.

Also for Lease $8.75/SF MLS 30504455 · Long 508 RIVERBEND DRIVE, KITCHENER, ON. 3,687 SF · $775,000 · MLS: 30533235 1,200 SF · $1,600/Mth · MLS : 30503820 · Kitchener James Boudreau**/Gary Boudreau* Seconds from Hwy 85. Colin Vogel*

standing retail destination in downtown St Jacobs·Owner/User/Investment Opportunity. 2nd Floor Unit. Located very close to the New Provin‐ Phone: 519‐743‐5211

Kitchener for over 80 years! Excellent location RETAIL OR REDEVELOPMENT SITE OFFICE FOR SALE/LEASE High Prole Loca�on. Commercial or Residen�al cial Courthouse and downtown Kitchener amenities. for continued retail or conversion for hi‐tech I N· V0.12 E S TAcres M E N· T$925,000 F O R S· AMLS: L E 3050 James Boudreau**/ Gary Boudreau* 1,586 SF e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial Use. James Boudreau** office user. Colin Vogel* 1737/1745 · Kitchener ·

Unique High Profile

839 SF· $12.00/SF ·MLS:KW1537515·Kitchener R E T A I L / O F F I C E I N V E S T M E N T F O R S A L E RETAIL FOR SALE/LEASE 4,980 SF · $9.00/SF · MLS:30504057· Kitchener Location. Corner Lot. Located beside farmers 736 SF· $75.00/SF Net· MLS: KW1534274 10,704 SF · $2,195,000 · St Jacobs Finished great for medical & service 1,413 SF office, · $12.00/SF · MLS: 30516996 · MULTI ‐ INDISTRIAL / RESIDENTIAL 2,025 SF · $16.00/SF · MLS: 30518433 Pres�ge & very visible office building adjacent market. Lester Tobin* Waterloo Indoor mall on two levels. use. Gary Boudreau*/James Boudreau** MLS:30508545 · Excellent for Owner/User.

Kitchener· floor Commercial/Professional 28,100 SF · · Main $1,850,000 · style Exclusive · Kitchener Kitchener · Great location for Medical use. to Kitchener Farmers Market,1 block from 10,700 SF · $975,000 MLS:30524415 · Kitchener

High pedestrian

and traffic location.

Good Potential Also for Lease $8.75/SF MLS 30504455 · Long Office Space on high profile corner.

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 new LRT stop. Total space can be demised to Gary Boudreau* Selling @ 8% return. Small, easy to lease units.

1,200 SF · $1,600/Mth · MLS : 30503820 · Kitchener James Boudreau**/Gary Boudreau* tenant support. Lester Tobin* standing retail destination in downtown 7 , 7 1 2

S F · $895,000 · Cambridge · MLS: 2,500 SF, 2,000 SF. Underground Roof renewed. Absentee landlord re�ring a�er

John Hoffman* approx.

2nd Floor Unit. Located very close to the New Provin‐ Retail/residential or Owner/User Kitchener for over 80 years! Excellent location Parking. James Boudreau**/ Gary Boudreau*

5,000 SF·$16.95/SF ·MLS:30504304· Kitchener 8,991 SF · $12.50/SF · MLS:30504305 · 30506322 45 years of ownership. John Hoffman* R ETAIL OR REDEVELOPMENT SITE cial Courthouse and downtown Kitchener amenities.

property. Main floor 5,642 SF(2 units) Upper for conversion for hi‐tech New Building, High Free 905 continued to 1,488 retail SF ·or Visibility, $26.00/SF Net · on‐site MLS: James 1,586 SF · 0.12 Acres · $925,000 · MLS: 3050 Boudreau**/ Gary Boudreau* Kitchener ·

New Building, High Visibility, Free

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

office user. Colin Vogel*

parking. John Hoffman*/ Gary Boudreau* 30518099/30502663/30502665 · Kitchener 1737/1745 · Kitchener · Unique High Profile on‐site Building, parking.……………………………………………….

New High Visibility, Free on‐site 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

4,980 SF · $9.00/SF · MLS:30504057· Kitchener Location. Corner Lot. Located beside farmers New retail plaza on corner of Fischer Hallman parking. John Hoffman*/ Gary Boudreau* 736 Net· · MLS: KW1534274 John Hoffman*/ Gary Boudreau* 1,572 2,550 SF· SF $75.00/SF · $12.00/SF MLS:30502295 Pres�ge & very visible office building adjacent market. Lester Tobin* I NSF · D U$399,000 · S T R I A L /MLS: W A30516132 · Water‐ REHOUSE

Waterloo · Indoor mall style on two levels. and Seabrook Dr. High exposure ‐ high traffic.

Cambridge Retail store front unit with high to Kitchener Farmers Market,1 block from loo Potential use commercial on main floor AAA OFFICE SPACE AVAILABLE · WATERLOO High pedestrian and traffic location.

Good 1,114 SF · $12.00/SF Net · MLS:30524639 · F O R L E A S E / S AI NL VE E S T M E N T Ample on site drive‐up parking. exposure & high traffic. In downtown Preston.

R ETAIL/RESIDENTIAL w/ residential on 2nd floor or 100% commercial new LRT stop. Total space can be demised to 114,033 SF· $14.50/SF · Exclusive ·Beautifully tenant support. Lester Tobin* Lester Tobin* approx.

Lester Tobin* 7 , 7 1 2

S F · $895,000 · Cambridge · MLS: Kitchener · Looking one to two general 2,500 SF, 2,000 SF. Underground Lester Tobin*

finished, ample parking, natural light

30506322 or Owner/User INDUSTRIAL Retail/residential WAREHOUSE FOR LEASE/SALE Parking. James Boudreau**/ Gary Boudreau* prac��oners to take over a medical office of a 5,000 SF·$16.95/SF ·MLS:30504304· Kitchener throughout. James Boudreau** property. Main floor 5,642 SF(2 units) Upper 530 SF · $18.00/SF · MLS: 30506783· Kitchener

RETAIL OR REDEVELOPMENT SITE 1,676 Building, SF · $16.95/SF · MLS:30505669· re�ring doctor. The office includes 4 fully 13,735 SF · $4.95/SF · $1,050,000 · Cambridge New High Visibility, Free on‐site Turn‐key hair/nail salon. High traffic location. 8,991 SF· $12.50/SF ·MLS:30504305·Kitchener floor‐ Three apartments. Lester Tobin* 1,586 30504533/ SF · 0.12 30504505 Acres · · Freestanding $899,000 · Kitchener · New Building, High Visibility, Free O F F I C E Bexam U I L Drooms, I N G Fbuilt O R in L E recep�on A S E & Sarea, A L E MLS# parking. John Hoffman*/ Gary Boudreau* equipped New Ample on‐site drive‐up parking. Lester Tobin* Building, High · Visibility, Free on‐site facility · Kitchener Centrally

Industrial/Warehouse.

SF Divisible 1,975,000 · $12.95/SF MLS: 30501737/30501745 Unique on‐site parking. ……………………………………………….. 12,184 wai�ng room and washrooms. Located in busy parking. John Hoffman*/ Gary Boudreau* 2,550 SF 5,947 · $12.00/SF · MLS:30502295 located with access off 2 streets.10,400 · Waterloo · Well located I N D U S T R I A L / W A R E H O U S E SF 1,770 to SF · $20.00/SF Net · MLS: MLS:KW1521512 High Profile Location.

Corner Lot. Located John Hoffman*/Gary Boudreau* retail plaza with a Shoppers Drug Mart.

Cambridge Retail store front unit New with retail high office Warehouse, 3,335 SF Office. Lester Tobin* building.

Quality finishes throughout.

30505595/5597/5598 · Kitchener· beside farmers market. Lester Tobin* AAA OFFICE SPACE AVAILABLE · WATERLOO FOR LEASE/SALE Lester Tobin* exposure & high traffic. In downtown Preston. are ·Beautifully included. plaza high traffic 114,033 SF· furnishings $14.50/SF · Exclusive 1,843 on ‐ Huron 5,947 Rd. SF with · $20.00/SF Net and · Existing 6,287 SF ·$7.00/SF·MLS:KW1531928·Kitchener

Lester Tobin* RETAIL/OFFICE INVESTMENT FOR SALE James Boudreau** exposure, ample on‐site drive‐up parking. ample natural SPACE light Rare to find! 2 drive thru truck bays, one with MLS:30505595/5597 · Kitchener · New retail finished, PLAZA parking, RETAIL/OFFICE KITCHENER INDUSTRIAL LEASE/SALE 10,704 SF · WAREHOUSE $2,195,000 · FOR MLS:30508545 Lester Tobin* throughout.

James Boudreau** 530 SF · $18.00/SF · MLS: 30506783· Kitchener 3 oors · $1,850,000 · pit. Tool room attached. Abundant yard space 839 SF SF · on $12.00/SF · MLS: KW1537515 13,735 SF · $4.95/SF · $1,050,000 · Cambridge plaza on Huron Rd. with high traffic and expo‐ 28,100

St Jacobs · Excellent for Owner/User. Potential Turn‐key hair/nail on‐site salon. High traffic location. avail. at extra cost. John Hoffman* sure, ample drive‐up parking.

Kitchener Retail/Office Space.

1,100 SF · $5.50/SF · MLS:30501890· Kitchener Nicely units busy O F F I C nished E B·U IExclusive LD I N Gin F· O R Lshopping E A S E & centre, S A L E MLS# 30504533/ 30504505 · Freestanding Central to many ini�a�ves and improvements for value add. James Boudreau** Ample on‐site drive‐up parking. Lester Tobin* Lester Tobin* High Traffic ‐ High exposure location.

On‐site facility Industrial/Warehouse. Centrally low common fees, · on 1,975,000 public transit route, 9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener · $12.95/SF 12,184 SF Divisible

in the downtown core Li�le including the city parking available for Tenant. Lester Tobin* with access off 2 streets.10,400 SF

· Waterloo · Well Stop, located exis�ng tenants include Short KW located 1,770 to 5,947 SF · $20.00/SF Net · MLS: MLS:KW1521512 7,699 sf 16 dock shipping area. 1,661 sf office centre condos & minutes from throughout. the Warehouse, 3,335 SF Office. Lester Tobin* 1,100 SF · $5.50/SF · MLS:30518529 building.

Quality finishes I N D U Sarea, T R I Anew L / Wdoors, A R E Hbright, O U S E well

30505595/5597/5598 · Kitchener· New retail · office Gaming, Curves, Sco�abank & transit more. w/drivers hub. Colin Vogel*/ Peter Benninger** furnishings are included. windowed. John Hoffman* plaza Rd. Kitchener High Traffic ‐ High exposure location.

Oon F F Huron ICE FO R with S A L Ehigh / L Etraffic A S E and Existing Gary Boudreau* 6,287 SF ·$7.00/SF·MLS:KW1531928·Kitchener F O R

L E A S E / S A L E

James Boudreau** exposure, ample on‐site drive‐up On‐site parking available for parking.

Tenant.

8,500 SF · Main Floor · 8,500 SF Lower Level Rare to find! 2 drive thru truck bays, one with

3,450 SF · $11.00/SF Gross · MLS: KW1537169 Lester Tobin* Lester Tobin* $995,000

839 SF · · $12.00/SF MLS:KW1537515 · pit. Tool room attached. Abundant yard space Simcoe · MLS:30509700 KITCHENER PLAZA RETAIL/OFFICE SPACE FOR LEASE 28,100 SF on 3 oors · $1,850,000 · Kitchener · Clean industrial space, finished

Located in the heart of Norfolk Kitchener · Finished office, great for medical & at extra cost. John Hoffman* Kitchener · Exclusive · Retail/Office Space. avail.

650 ‐ 2,700 SF · $9.00‐$12.00/SF · MLS: Centrally 1,100 SF · $5.50/SF · MLS:30501890· Kitchener 30,400 SF · 3.09 Acres · $3,400,000 | $10.00/SF offices, ample power. James Boudreau** 752 SF ‐ 26,000 SF exposure · From $18.00/SF · MLS: County.

Poten�al for ver�cal growth. service use. Gary Boudreau* 30500085/899/903· Nicely nished units in busy Central to many ini�a�ves and improvements High Traffic ‐ High location. On‐site MLS: 30525493/30525439 · Cambridge · New 9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener Colin Vogel*/Peter Benninger** 30529258/30529248/30529120 · Breslau · in shopping centre, low common fees, on a public including the city 21,775 SF· $4.50/SF ·MLS:30505583·Kitchener the downtown core parking available for Tenant. Lester Tobin* finish to food grade, insulated panels, some

7,699 sf 16 dock shipping area. 1,661 sf office Excellent manufacturing and/or warehouse transit route, exis�ng tenants inc. a Short Stop, centre New Retail Development in growing, the

AAA OFFICE WATERLOO equipment, spiral freezer, 4 docks Room to I Ncondos V E SPACE S T& M minutes EAVAILABLE N T F Ofrom R · S A L Etransit

w/drivers area, new doors, bright, well Good power, loading and parking.

SF · $14.50/SF · MLS:30514878 facility.

KW Gaming, area.

Curves, Sco�abank & more. hub. Colin Vogel*/ Peter Benninger** underserviced Variety of Uses permi�ed.

114,033 O F F I C E

F O R

S A L E / L E A S E

expand. John Hoffman* windowed. John Hoffman*

James Boudreau**/ Gary Boudreau* Pad site with drive‐thru is available. Beautifully finished, ample parking, natural light R. Blake Hull*

24,860 SF ·SF·$3,900,000 · SF MLS:30504066 8,500 Main Floor · 8,500 Lower Level 3,450 SF · $11.00/SF Gross · MLS: KW1537169

James Boudreau**/ Gary Boudreau* throughout. ·Non‐designated Simcoe · MLS:30509700 James Boudreau** 6,994 SF· $7.00/SF ·MLS: 30506432 · Kitchener 10,000‐20,000 SF · $4.41/SF GROSS · Kitchener 800 SF · $21.00/SF · MLS:30501217 · Waterloo $995,000 Kitchener· heritage building

· KITCHENER PLAZA RETAIL/OFFICE SPACE FOR LEASE Kitchener · Clean industrial space, finished

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

3 floors of approx.

8,000 MLS: 30512810 · Ceiling height 13’ clear . Two Located in the heart of Norfolk 650 ‐ 2,700 SF · $9.00‐$12.00/SF · MLS: offices, ample power. James Boudreau** and doors, assembly space.

Easy 1,114 SF · of $20.00/SF · & MLS: 30523827 intersection University Bridge.

Seconds · County.

532 SF · $1,050/mth ·MLS:30526564 · Waterloo SF each.

Many uses, tech to growth. retail. manufacturing Poten�al for ver�cal 8’ x 8’ loading dock conveyor, elevator, 30500085/899/903· Nicely nished units in busy access to expressway. Roman Ginzburg* from Hwy 85. Colin Vogel* Kitchener · Last unit available w/high exposure John Hoffman* 21,775 SF· $4.50/SF ·MLS:30505583·Kitchener Newly renovated, nished office on 2nd oor Colin Vogel*/Peter Benninger** alarm system, surveillance system, sprinklers, shopping centre, low common fees, on a public

in centrally located retail plaza. Drive up unit on manufacturing and/or warehouse transit route, exis�ng tenants inc. Short Stop, in well known, award winning building avail. Excellent washrooms. Lester Tobin* * Sales Representa�ve I N V E S T M E N T FOR SALE Good power, loading and parking. high traffic rd. in high density residen�al area.

KW Gaming, Curves, Sco�abank & more. for sublease.

Large windows, plenty of natural facility.

** Broker James Boudreau**/ Gary Boudreau* Traffic counts over 40,184 cars. Strong tenant light. High traffic intersec�on sees almost R. Blake Hull* 16,217 SF · $875,000 · MLS: 30511873

SF·$3,900,000 · MLS:30504066 support. Shoppers Drug Mart, Dollarama, 24,860 40,000 cars daily. 24/7 electronic reader board 6,994 SF· $7.00/SF ·MLS: 30506432 · Kitchener New Hamburg · Well located just off hwy 7, 800 SF · $21.00/SF · MLS:30501217 · Waterloo Kitchener· Non‐designated heritage building Sco�abank, Swiss Chalet and many more. on University Avenue. Ideal for professional Clean space, good mix of office space w/light Rare main floor opportunity. High traffic in Downtown core. 3 floors of approx. 8,000 well built building on 2 acres of land.

Lester Tobin* office or personal services. Colin Vogel* Ceilings from 13’ ‐ 18’ clear. John Hoffman* and assembly space. Easy intersection of University & Bridge. Seconds SF each. Many uses, tech to retail. manufacturing from Hwy 85. Colin Vogel* John Hoffman* access to expressway. Roman Ginzburg*

RETAIL FOR SALE/LEASE

RETAIL FOR SALE/LEASE

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

8331512_3516

COM_3516.indd 10

Please say you saw it in The Commercial Investor

2016-08-25 3:45 PM

Volume 16 Issue 08

11

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 N D F O R S A L E LEASE/SALE GApprox.

M USF L T· I ‐ $499,000 F A M I L Y · F MLS:30516625 OR SALE · INDUSTRIAL L A WAREHOUSE FOR 217 Acres · EXCLUSIVE · Waterloo 4,437 SF · $2,420,000 · MLS: KW1417598 13,735 SF · $4.95/SF · $890,000 · Cambridge 25,182

Region Currently Being Farmed. Call for info Waterloo · PETER BENNINGER REALTY, BROKERAGE Established since 1996 with many 6.60 Acres (+/‐) Commercial/Retail· 2.94 Brockville · Some medical onsite. Walking 36 Units · $5,500,0000 · MLS: 30505507 pkg! Peter Benninger**/Colin Vogel* MLS:30530747/30530740 · Freestanding distance locations throughout Ontario. Family style from Hospital.

Some new leases 508 RIVERBEND DRIVE, KITCHENER, ON. Acres (+/‐) Residential · $1,000,000 Per Acre· Kitchener Brand New! 100% and Leased, 100% facility Industrial/Warehouse. Centrally located restaurant · with liquor license seating for Exclusive Tremendous Opportunity on major pending. John Hoffman*/Gary Boudreau* Income guarantee& bldg warranty.

Phone: 519‐743‐5211

HIGH DENSITY MIXED USE DEVELOPMENT with access off 2 streets. 10,400 SF Warehouse, 148 + 25 on patio. Lester Tobin* arterial road. Considerable exposure along Generously sized units w/premium finishes, 3.25 Acres · $5,850,000 · EXCLUSIVE 3,335 SF Office. Lester Tobin* 66.58 Ac. · $2,200,000 EXCLUSIVE· Cambridge Ottawa St. Concepts for res portion incl. 140 stainless steel appliances, in suite laundry, e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial Under consideration to change OP 2,000 SF · $259,000 · MLS:30524710 · Kitchener · Frontage on 2 major streets at the Separate

stacked town homes or a 134 unit retirement hydro & gas meters. Located steps designation to industrial. Peter Benninger** G R E A T

R E ‐ D E V E L O P M E N T

S I T E

L A N D

F O R

S A L E

Mfrom U L T Ishopping ‐· F A M I L& Y kitchen F O R Slocated A L Emajor in Waterloo Burger to downtown Kitchener. away homes or · a $7.00/SF 134 unit · retirement facility.

6,287 SF MLS:KW1531928 · gateway expwy On SF · access $2,420,000 · MLS: KW1417598 Kitchener · Rare to find! 2 drive thru truck 25,182 University District.

58 seats dining room, 40 Peter Benninger** Excellent to Hwy 401 via Hwy 8

Approx.217 Acres · $4,340,000 · EXCLUSIVE transit route. Eric Reiner* · Some medical onsite. Walking seats patio. High income. Well established. No 6.60 Acres (+/‐) Commercial/Retail· 2.94 Brockville Directly on Region proposed light rail Being transit route.

36 Units · $5,500,0000 · MLS: 30505507 bays, one with pit. Tool room attached. distance Waterloo · Currently Farmed. from Hospital. Some new leases LAND AND BUILDINGS FOR SALE Acres (+/‐) Residential · $1,000,000 Per Acre· Franchise. Lester Tobin* · Brand New! 100% Leased, 100% Peter Benninger**/Colin Vogel* Call for info pkg! Kitchener 9 Units · $895,000· MLS:30501031 · Kitchener Abundant yard space avail. at extra cost.

3,687 SF Tremendous · $775,000 Opportunity · MLS: KW1537347 Exclusive on major pending. John Hoffman*/Gary Boudreau* guarantee& bldg downtown warranty.

Peter Benninger**/Colin Vogel* Income property in desirable

John Hoffman*

St Jacobs Why pay rent?

Excellent arterial road. · Considerable exposure along Generously sized w/premium finishes, Close to units farmer's market, city hall, 4,800 SF (2 bldgs.) · 0.9 Ac. $699,000 · location. opportunity for Owner/User. Redevelopment 66.58 Ac. · $2,200,000 EXCLUSIVE· Cambridge Ottawa St. Concepts for res portion incl. 140 2.8 Ac.Land · $4,000/month · MLS: KW new M Ucourthouse, L Tsteel I ‐ F Aappliances, M Ietc.

L Y Upgraded I N in V Esuite STM ENT stainless laundry, oversized Under consideration to change OP MLS: 30508944 · Paris · Located at major 9,360 SF ·

$6.50/SF · MLS: 30501592 · potential. stacked town homes or a 134 unit retirement 1514567 · Fully fenced with one gate, units hydro & gas meters.

Located baths, steps featuring newer kitchens, designation to industrial. Peter Benninger** intersection, avg. traffic count 17,500 cars Separate Kitchener 7,699 16 dock shipping area. graveled James Boudreau**/ Gary Boudreau* homes or · a 134 sf unit retirement facility. and compacted. Bleams Road stainless away from shopping & expwy steel appliances Large On lot major with

1,661 sf office w/drivers area, new doors, daily.

Zoning permits many uses.

Peter Benninger** Approx.217 coming through the Spring of 2015! transit route. Eric Reiner* Acres in · $4,340,000 · EXCLUSIVE excess land.

CR1 zoning provides Kitchener future 24 units · $4,750,000 · MLS: 30525381· D E V E L O P M E N T

L A N D

F O R

S A L E

Bill Halpenny* bright, well windowed. John Hoffman* John Hoffman* Region · Currently Being Farmed. development potential (approx.

0.40 Acres).

3 . 5 8 A cAND r e s · BUILDINGS $995,000 · Conestogo · Waterloo Building is 100% leased featuring high end LAND FOR SALE

Call for info pkg! 9 Units · $895,000· MLS:30501031 · Kitchener Mike Flynn* Exclusive ·

Backs onto forested area. designer finishes including hard wood floors, 3,687 SF · $775,000 · MLS: KW1537347

L A N D & B U I L D I N G S

‐

I N V E S T M E N T

O F F I C E 1.03 Acres · $1,995,000 · MLS: 30502898 6,994 SF · $6.00/SF · MLS: 30506432 · Peter Benninger**/Colin Vogel* Income property in desirable downtown Excellent opportunity.

St Jacobs re‐development · Why pay rent?

Excellent 12,853 Acre of SF Urban Development · Land.

Wide quartz countertops, stainless steel appliances, in · $2,100,000 Kitchener Kitchener · Clean space, good mix of office 1 location.

Close to farmer's market, city hall, James Boudreau**/ Gary Boudreau* suite laundry, air conditioning. Building opportunity for Owner/User. Redevelopment 2.8 range of uses permitted. James Boudreau* MLS# 30503036 ·

Multi‐tenant office Ac.Land · $4,000/month · MLS: KW new courthouse, etc. Upgraded oversized space w/light manufacturing and assembly For Commercial Real gas Estate

constructed with separate hydro, and water potential. · Fully located. fenced Zoning with & one gate, units building. Centrally property featuring newer kitchens, baths, COMMERCIAL DEVELOPMENT LAND FOR SALE 1514567 space.

Easy access to expressway.

10.87 Acres · $3,600,000 · EXCLUSIVE · Solutions in Canada's Technology meters with very little operating costs. Property is James Boudreau**/ Gary Boudreau* graveled and compacted.

Bleams Road suitable for many uses. steel appliances Large lot with 5,498 SF (approx) · $850,000 · Kitchener Brantford · High traffic, high visibility. Part of stainless Roman Ginzburg* Triangle, any one of our condo titled for contact individual sales.

Ideally located coming through in the Spring of 2015! land. CR1 zoning provides future James Boudreau** EXCLUSIVE · Income potential from buildings.

D E V E L O P M E N T L A N D F O R S A L E intensification corridor being studied by the excess sales representatives, or call

near transit, shopping and expressway.

John Hoffman* development potential (approx. 0.40 Acres).

Redevelopment parcel. James Boudreau** 3 . 5 8 A c r e s · $995,000 · Conestogo · city. Peter Benninger** 519‐743‐5211.

Eric Reiner* Exclusive · Backs onto forested area. 8.28 Acres · $1,558,000 · MLS: KW1522201 Mike Flynn* 1.03 Acres · $1,995,000 · MLS: 30502898

A L L A N D & B U ILL D IN N GDS F‐ O I NRV ESS A TM EEN T O F F I C E 0.35 Acres · $1,425,000 · Exclusive · Kitchener Cambridge · Fantastic location to Land. build Wide up to Excellent re‐development opportunity. 1 Development SALES REPRESENTATIVES: 12,853SF ·$2,500,000 · Kitchener Acre of Urban in the uses heart of Commercial Real Estate For James Boudreau**/ Gary Boudreau* Development 64,207 sq. ft. in opportunity 2 buildings. Many within range of uses permitted. James Boudreau*

MLS# 30503036· Multi‐tenant office building. downtown Kitchener. Capitalize on current For Commercial Real Estate M3 zoning. In a park setting. John Hoffman* Solutions in Canada's Technology Gary Boudreau * · ext. 3029 Centrally located. Zoning & property suitable 20,000 SF,5.41 Acres · LAND $1,400,000· COMMERCIAL DEVELOPMENT FOR SALE DC exemptions.

10.87 Acres · $3,600,000 · EXCLUSIVE · Solutions in Canada's Technology

Triangle, contact any one of our for uses. St · $850,000 James Boudreau**/ James Boudreau ** · ext. 3020 MLS: many 30511105 Thomas · · Residential 5,498 SF (approx) Kitchener Peter Benninger**/ Colin Vogel* Brantford · High traffic, high visibility. Part of Triangle, contact any one of our 66.58 Ac. · $2,200,000 · EXCLUSIVE sales representatives,

or call Gary Boudreau* Selby Colson *

· ext. 3100 EXCLUSIVE · Income potential from buildings.

Re‐Development Site. Former school intensification corridor being studied by the sales representatives, or call Cambridge · Under consideration to change OP

519‐743‐5211.

Mike Flynn *

· ext. 3037 Redevelopment parcel. James Boudreau** surrounded by existing single family homes. city. Peter Benninger** 519‐743‐5211.

HIGH DENSITY MIXED USE DEVELOPMENT designation to industrial. Peter Benninger** Roman Ginzburg* · ext. 3103 BUSINESS FOR SALE

Property subject to re‐zoning for 30 single lots John Hoffman * · E NEXCLUSIVE 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

SALES REPRESENTATIVES: & one 4 unit townhome lot.

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 B U S I N ESHOP S S F O R AND S A L E LOT Lester Tobin* the gateway to downtown Kitchener. downtown Peter Benninger** MLS# 30503036· Multi‐tenant office building.

MECHANIC · ext. 3000 Kitchener. Capitalize on current R. Blake Hull* · ext. 3032 Excellent access to Hwy 401 via Hwy 8 DC

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

KW1535223 Eric Reiner*

· ext. 2099 Gary Boudreau * · ext. 3029 Directly on uses. proposed rail transit route. for many light James Boudreau**/ James Boudreau ** · ext. 3020 Kitchener · Established mechanic business on 6.60 Acres (+/‐) Commercial/Retail · 2.94 Acres Peter Benninger**/ Colin Vogel* Lester Tobin* · ext. 3023 2,000 SF acre · $259,000 · MLS:30524701 · Kitche‐ Peter Benninger**/Colin Vogel* Gary Boudreau* site. Ideal for used car sales.

Selby Colson *

· ext. 3100 (+/‐) Residential · $1,000,000 Per Acre · quarter James Boudreau ** · ext. 3020 Colin Vogel* · ext. 3110

ner Burger kitchen located at high traffic in‐

Mike Flynn * · ext. 3037 Exclusive Tremendous Opportunity on major R. Blake Hull* Harmony Voisin

· ext. 3117 8.28 Acres · $1,558,000 · MLS: KW1522201 Mike Flynn *

· ext. 3037 HIGH DENSITY MIXED USE DEVELOPMENT tersection.

50 seats.

No Franchise.

Roman Ginzburg* · ext. 3103 B U S I N E S S

F O R

S A L E

arterial road. Considerable exposure along Cambridge · Fantastic location to build up to John Hoffman * 3.25 Acres· $5,850,000 · EXCLUSIVE 1,800 SF · $195,000 ·MLS:30502387 Lester Tobin* · ext. 3040 Roman Ginzburg* · ext. 3103 Ottawa St. · Concepts portion streets incl. 140 64,207 sq. ft. in 2 buildings. Many uses within Kitchener Frontage for on res 2 major at Waterloo BROKER OF RECORD: · Well established and highly

Bill Halpenny * · ext. 3120 stacked town homes or a 134 unit retirement M3 zoning including residential.

In park John Hoffman * · ext. 3040 the gateway to downtown Kitchener. MECHANIC SHOP fine/casual LOT R. respected service dining 1,800 SF full · $149,000 · AND MLS:30518173 Blake Hull* · ext. 3032

setting. John Hoffman* homes or access a 134 to unit retirement facility.

Excellent Hwy 401 via Hwy 8 1,440 SF· $559,000·MLS: KW1535223 Peter Benninger** · ext. 3000 restaurant located in Waterloo’s uptown.

Waterloo ·

Well established and

highly Eric Reiner*

· ext. 2099 Bill Halpenny * · ext. 3120 Peter Benninger** Directly on proposed light rail transit route.

Kitchener · Established mechanic business on

Lester Tobin* respected full service fine/casual dining Lester Tobin* · ext. 3023 Peter Benninger**/Colin Vogel* R. Blake Hull*

· ext. 3032 quarter acre site.

Ideal for used car sales.

restaurant located in Waterloo’s uptown.

Colin Vogel* · ext. 3110 R. Blake Hull* * Sales Representa�ve D E V EAcres LOPM E N T L A N· DMLS: F OKW1522201 R S A L E Lester Tobin* Eric Reiner* · ext. 2099 Harmony Voisin · ext. 3117 8.28 · $1,558,000

** Broker 3 . 5 8 A c r e s · $995,000 · Conestogo Cambridge · Fantastic location to build up to

1,800 SF · $195,000 ·MLS:30502387 Lester Tobin* · ext. 3023 30506497/63050504 · Backs onto forested Waterloo 64,207 sq. ft. in 2 buildings. Many uses within CAR WASH · BUSINESS FOR SALE and · EXCLUSIVE BROKER OF RECORD: Well established highly Colin Vogel*

· ext. 3110 M3 including residential.

In park respected area. zoning Excellent re‐development opportunity.

Brantford · full Full service service, fully automated car

fine/casual dining setting. John Hoffman* James Boudreau** restaurant wash in major traffic area. Lester Tobin* Peter Benninger** · ext. 3000 located in Waterloo’s uptown.

Lester Tobin*

Harmony Voisin*

· ext. 3117

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

COM_3516.indd 11

8171433_3116

2016-08-25 3:45 PM

businessavvy

First steps to starting a small business What do entrepreneurs look like?

By George Grignano and Will Townsend

T

he right attributes, a good idea, a plan to make it work and a way to finance your business is the formula to be followed to become successful. Here are some considerations: What do Entrepreneurs Look Like?

Before you start your own business, be sure you have the personality traits that successful entrepreneurs display.

The familiar characteristics of a successful entrepreneur include: OPTIMISM – entrepreneurs focus on solutions not problems PASSION – the quality that fuels their business and their personal lives PERSISTENCE – entrepreneurs keep going in times of adversity and stay focused on the end goal FLEXIBILITY – the ability to adapt to a changing environment EDUCATION – not formal education but a desire to learn and a drive to improve Focus – entrepreneurs focus on the big vision and recognize that short-term wins, although important, must add to long-term success.

Continued on Page 14

COM_3516.indd 12

2016-08-25 3:45 PM

NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION COVERING: Brantford Chatham Grey & Bruce Counties Ingersoll London

Owen Sound Sarnia Simcoe Stratford St. Thomas Tillsonburg Windsor Woodstock

SOUTHWESTERN ONTARIO

SOUTHWESTERN ONTARIO

For advertising

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

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

NewSectionPages_FullColor2015.indd 3 COM_3516.indd 13

2015-03-19 3:47 PM 2016-08-25 3:45 PM

Continued from Page 12

GENERATING A BUSINESS IDEA If this sounds like you, the next step to setting up your own business is to identify a gap in the market that your product or service will exploit. This is easier said than done and can be the toughest part of setting up your own business. To do this, ask yourself some searching questions. What services or products are missing from the market?

Could you invent a new product? What do you dislike about existing products and services? Could you improve them?

Using your own life experiences to inspire your ideas can help you spot business opportunities. This will also make you passionate about your product as you will be able to see and sell the benefits.

Remember passion is one of the key characteristics of a successful entrepreneur.

TURNING YOUR IDEA INTO A STRATEGIC PLAN Studies show that a significant amount of new businesses with no business plan fail within the first two years. The adage is true: fail to plan and you plan to fail. Your business plan reflects how you see your business developing and maps out how you intend to drive your business forward. Your plan should set out your product, your intended market, and your key financial targets such as projected sales and profits.

FINANCING YOUR PLAN Your plan should also show the seed capital you need to start up and your day-to-day working capital requirement. It is vital that your assumptions and estimates are accurate and reasonable. Do this and you will be able to foresee any problems and resolve them before they happen. A robust business plan allows you and potential investors to see how your business may perform in the future.

HERE ARE SOME WAYS FOR YOU TO FINANCE YOUR BUSINESS:

Before deciding on your structure, you should have answers to these questions: ~ Is it important that you limit your personal liability? ~ Does your business need to meet any regulatory requirements that may have a bearing on your business structure? ~ How important is ease and set-up cost?

One structure may be easier, quicker and cheaper than another. ~ Do you have an exit plan? If so, consider how the structure choices impact on your plan.

The tax and accounting requirements you have to meet will depend on where you operate. Also depending on where you operate there may be government tax incentives so be sure to investigate this.

Wherever you are and whatever your business, choosing how to structure your business is an important decision. It is worth seeking professional tax and accounting advice to help you make the right choice.

Becoming a successful entrepreneur isn’t easy. Most successful people will tell you there is no right or wrong way and that to be successful you must be willing to fail. If you have the right entrepreneurial characteristics, the right idea and structure your business the right way, you’ll stand a good chance of succeeding.

~ Investigate any government support such as grants or loans. ~ Borrow money from a bank or other lender. ~ Ask for help from friends or family. ~ Look at equity finance, where you raise money from external investors in return for a share of your business. These investors will usually be venture capital firms or business angels. ~ Consider bootstrapping, a way of starting a business without external finance. This method is more strategic and focuses on creating cash flow, minimizing expenses and reinvesting profits.

STRUCTURING YOUR BUSINESS How you structure your business will depend on what it is, how you finance it, and your long-term business goals. It will likely be a sole proprietor, partnership, franchise or corporation.

COM_3516.indd 14

George Grignano, CA, is a Partner at KRP Kestenberg Rabinowicz Partners LLP. www.krp.ca, Accountants For Entrepreneurs in Markham, ON. Will Townsend, CA, is Senior Audit Manager with Cooney Carey in Dublin, Ireland.

Both Firms are members of Russell Bedford International, a global network of independent firms of accountants, auditors, tax advisers and business consultants with offices in over 80 countries.

2016-08-25 3:45 PM

15

Commercial Real Estate & Business Opportunities

The Sale, Leasing & Management of Real Property

Ramzi Twal

GRAND BEND, ONTARIO

Sales Representative

OFFICE 905.574.3038 CELL 905.741.7221

SALE | $2,850,000.00

2 minute walk to the beach!

Peter Mullins, CCIM Broker of Record

519.642.0200 200 Queens Ave. Suite 107, London, ON

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

Call for details!

One of the Best Corner Sites in SW Ontario!

petermullinsrealty.com peter@petermullinsrealty.com

ramzi@ramzitwal.com www.ramzitwal.com

1.888.751.2229

MACRO REALTY

EXPERIENCE COUNTS

Southwest Ontario

Volume 16 Issue 08

Commercial/Residential property on Highway #22, Komoka. Excellent exposure. Well kept 3 bedroom apartment on second floor, 1500 square ft. Retail on main floor, presently vacant. 4000 square foot warehouse/workshop with own man door and 11x10 door leased for 1 year. Second warehouse (1400 square ft.) with 11x9 door rented as a small engine repair shop and storage on a month to month. All measures approx. Do not go direct. MLS H3185712 3516_DJW_0032

11310573_3516

11281976_3516

Brian Holden 103 QUEENSWAY EAST, SIMCOE, N3Y 4M5

519-426-0081

brianh@kwic.com Cell

519-428-7921

BANQUET HALL IN SIMCOE

C U ED R

R

ED

U

C

ED

INDUSTRIAL IN THE TOWN OF DELHI

ED

FORMER BROWN FIELDS IN SIMCOE

Broker of Record

$895,000

$425,000

$899,900

Lands have been remediated and documents will be available at the listing brokers. This property fronts on 4 streets and has been rezoned to R-4 and would allow for townhouses and/or condos with up to 45 to 46 units, no draft plan has been completed as yet. Buyer must do their due diligence with regard to water and sewer availability. The Brown Field designation will be except from lot levies which will be a great benefit to a developer. Record of site condition number 220091 has been filed in the environmental site registry.

Located near Hwy 59 and Hwy 3. GREAT SERVICE SHOP FOR TRUCK REPAIR BUSINESS, 3 large bay doors for entry to shop 16 FT x 14 FT area with infloor heating - A/C for summer. Office and lunchroom just off of main work area. Ample parking for large trucks. 65 foot service pit with oil and lubricant and oil. Used oil is pumped to the tank for furnace.

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.

3516_DJW_0045

3516_DJW_2_0076

3516_DJW_4_0051 11297437_3516

Please say you saw it in The Commercial Investor

COM_3516.indd 15

2016-08-25 3:45 PM

16

Volume 16 Issue 08

11309498_3516

Commercial Real Estate & Business Opportunities

ANISH SRIVASTAVA,

AJAY SRIVASTAVA SALES REPRESENTATIVE

CPA, CMA

Century 21 First Canadian Corp, Brokerage

519-670-4747

519-673-3390

ajay.srivastava@century21.ca Southwest Ontario

NEAR FANSHAWE COLLEGE/COMING SOON

SALES REPRESENTATIVE

416-726-3880 anishs1@gmail.com

LONDON

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.

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

• Nearly 1.7 acres.

• Zoned RSC 1, 3 and 4.

3116_DJW_1_0056

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

3116_DJW_1_0055

APPROXIMATELY 2700 SQ FT

ASKING $419,000 Commercial space on main floor with 2 bedroom residential unit at the rear of the building.

High basement with washroom and storage space.

Zoned for light industrial uses which could include bakery, laboraties, pharmaceutical, research and development, commercial recreational, auto body shop and repair garage.

Call Ajay or Anish 3116_DJW_0066

• • •

•

3116_DJW_4_0052

LONDON

• Four 3 bedroom units.

• Gas heated.

• Separate hydro and gas meters.

• Basement with laundry facilities.

• Parking for 8 cars.

• Can be purchased with 2 additional townhouse complex.

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

3116_DJW_2_0054

Sold Through The Commercial Investor Jun 04 -

INCORP Full Cove

Jul 02, 20 16, Volum e

ORATIN

rage Area

E AL RS FO

R FO 16 Issue

G FRAN CHIS

Including

E AND B USINES

Windsor,

Hamilton

, Toronto,

6

6-214-48 41 7

W_0002

TIO

NITIES

lls, Kingst

- RESID EN

TIAL SU BDIVI

on and Ot

SION - $8 90,00

tawa!

0

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

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

Nicholas Kazan

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

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

PLAINS 2,700 SQROAD, BURLIN GT .

HOME OFFT. FREESTAN ON DING FICE BU ILDING

Brokers Info Listing Se rmation rvice

BSCRIP

S OPPO RTU

Niagara Fa

CHESLEY

EX PL 2316_DJ

30,000 Haves & +, W 75% Exclu ants, sive Results 60 second in s on yo ur phone ICIWorld.c om iciw orld.mob i Add It To Your Hom Or Add Th e Screen e ICIWorld FR Ap COM_3516.indd p EE SU16

PL EX

05

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

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

5

6

LE SA

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

For information call 1.800.268.0077

Please say you saw it in The Commercial Investor

MAHDVI

Coldwell

Banker

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

BEHAL

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

2016-08-25 3:46 PM

Volume 16 Issue 08

17

Commercial Real Estate & Business Opportunities

INDUSTRIAL ZONING ON 3.7 ACRES

Southwest Ontario

• Unlimited business possibilities • 30x50 shop w/20x20 office & washroom • 40x50 shop w/multiple doors • Located at intersection of 2 high traffic roads • 2+1 BR Bungalow

$555,000 RUN YOUR BUSINESS HERE! • Over 1000 square feet available • Optional Garage & Apartment available to lease • High Traffic Downtown location in Chesley • Large display windows & hardwood floors • 3 pc washroom & kitchen

$650 MONTHLY LEASE

Grey Bruce Realty Inc. Brokerage

Farm, Home Commercial

Jennifer Tedford Sales Representative

519-372-8406 www.jennifertedford.com

Dave Tedford

Sales Representative

11270887_3516

Locally Owned & Independently Operated

11307494_3516

Please say you saw it in The Commercial Investor

COM_3516.indd 17

2016-08-25 3:46 PM

18

Volume 16 Issue 08

11291991_3516

Commercial Real Estate & Business Opportunities

WOODSTOCK

ROSEMARY BROWN

PETER VANDERSAR

SALES REPRESENTATIVE

BROKER

519-532-9049

519-536-1200

rosemarybrown@royallepage.ca

peter@petervandersar.com

519-539-2070

Southwest Ontario

FOR SALE

FOR LEASE

FOR SALE

155 feet deep well with 20 gallon/minute capacity

$824,900

$5.00 PER SqFt. BASE RENT

$990,000

Main barn (40 x 130) set up with 19 stalls & wash bay, office, 3 paddocks and 1/2 mile track. Further 30 acres tied growing soy beans.

1 1/2 storey older home (century). 40 x 80 driveshed with heated shop, concrete floor, insulated & water. Older bank barn for hay storage. Shared well with 5270 Trafalgar St. Tenants have horses in barn.

Small bush lot.

3516_DJW_0041

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

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

3116_DJW_3_0032

FOR LEASE

5 HURON STREET, WOODSTOCK

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

3116_DJW_4_0063

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

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

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

3116_DJW_1_0689

George Gicopoulos Sales Representative Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepagecommercial.com w w w . g eorge gicopoulos.com *Independently Owned and Operated

8155109_3516

Royal LePage Triland Realty, Brokerage*

TWO CORNER PROPERTIES OFFERED TOGETHER FOR $550,000

SARNIA / POINT EDWARD - $995,000

BUSINESS & PROPERTY LONG POINT - $625,000

Side by side properties 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.

3516_DJW_1_0241

Free standing building of over 6500 sq. ft. that houses a well known successful Steak House Restaurant. 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. 3516_DJW_1_0042

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

3516_DJW_3_0051

NORTHWEST OF LONDON - $295,000.

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

RESTAURANT IN CHATHAM - $245,000

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.

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

3516_DJW_0022

About 7,000 sq. ft. main floor restaurant operated by the same owner for the past 8 years. Main floor dining room accomodates over 150 plus a couple of semi-private rooms and bar area for a total of 285 inside plus 85 on two patios. Price for the business is way below the replacement cost. This upscale restaurant with plenty of on site parking is in top condition, fully equipped and ready for your inspection. 3516_DJW_0023

3516_DJW_1_8001

Please say you saw it in The Commercial Investor

COM_3516.indd 18

2016-08-25 3:46 PM

19

11310678_3516

Commercial Real Estate & Business Opportunities

royal lepage BranT realTy inc. Brokerage

Jason TBROKERAGE angorra REAL ESTATE Broker/owner

(519)

209-1543

John Dignan sales represenTaTive

519-759-6800

(519)

771-8577

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

3 ELM ST., PARIS

16 A MARKET ST., BRANTFORD

1165 COLBORNE ST, BRANTFORD 3516_DJW_0039

$1,032,000 Approximately 86 acres. 57 workable and currently leased.

Potential work/live opportunity in the heart of Brant County.

3516_DJW_0038

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

3516_DJW_0037

3516_DJW_0036

2A HOLIDAY DRIVE, BRANTFORD

3516_DJW_0035

ONANDAGA ROAD, BRANT

3516_DJW_0034

102-120 COLBORNE ST., BRANTFORD

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

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

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

Southwest Ontario

Volume 16 Issue 08

11007505_3516

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

COM_3516.indd 19

2016-08-25 3:46 PM

20

Volume 16 Issue 08

Commercial Real Estate & Business Opportunities Sutton - Huron Shores Realty Inc. Brokerage Independently Owned and Operated

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

519-797-1007

1-888-727-1007

Brian Shular

Southwest Ontario

Broker of Record

PRIME HWY COMMERCIAL

5097 Hwy. 21, Port Elgin $489,000

IMMACULATE COTTAGE PARK CLOSE TO THE BEACH

Doug Freiburger

Sales Representative

Kaitlyn Shular

Judy Howard

Corinne Draesner

Sales Representative Sales Representative Sales Representative

LOCATED IN THE CENTRE OF PORT ELGIN

583 Catherine St., Port Elgin $499,999

• Located on 3/4 Acre in a Prime Commercial Area • Large Parking Lot, Currently a Small Engine Shop • Sellers will hold Mortgage w/$100,000 down • Business & Inventory Negotiable • MLS #411044000520500

• 3 Commercial Rental Units w/ Long Term Tenants • Large Shared Parking Lot • Located at one of the Busiest Intersections in Port Elgin • A profitable Investment • MLS #411046000429800

3516_DJW_0005

2316_DJW_0021

299 Green St., Port Elgin $554,900

CORE COMMERCIAL DUPLEX

136 High St., Southampton $308,560

• 3 Bedroom Bungalow & 7 Winterized Rental Cottages • Extensive Client List Available from Current Owners • Located in a Prime Rental Area a Short Walk to Lake Huron • Ran Year Round this will be an very Profitable Business • MLS #411046000413700

• Prime Downtown Located, Steps to the Beach • Zoning Allows for many different uses • New Gas Furnace installed in 2011 • Plenty of Parking around the rear of the Building • MLS #411048000303500A

2316_DJW_0022

2316_DJW_0023

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

11239820_3516

businesssavvy

Are too many small business owners being unnecessarily distracted by legal disputes with their customers?

I

n Canada, three out of 10 small business owners dealt with the stress and disruption of handling a legal dispute during the past three years. In an attempt to resolve these disputes, both parties were required to hire lawyers, having to pay up to $400 an hour. The top three sources of legal conflict are:

› Collecting money owed by customers › Contract disputes with customers › Contract disputes with suppliers Considering there are millions of selfemployed and small-medium business owners, that’s a lot of unnecessary distraction and time away from running their business. Especially when a solution is available to both empower and protect

them in case of unforeseen legal disputes.

In order to better understand small business owners’ experiences and attitudes towards legal disputes, DAS Canada engaged Ipsos to conduct an online panel survey of over 1,000 business owners from across Canada.

Here are some of the key findings: › 73 per cent believe a legal dispute would have a tangible financial impact on their business, but only 27 per cent have set aside budget to protect their business from the potential costs involved with legal disputes › Only 12 per cent of business owners feel they have sufficient insurance coverage to cover any type of unforeseen legal expenses › 1 out of 10 small business owners know another owner who lost their business due to a legal dispute “Our research findings suggest that while business owners appreciate the significant impact a legal dispute could have on them, many unfortunately are either not being proactive or feel fully protected,” says Barbara Haynes, CEO of DAS Canada.“That’s where legal expense insurance can help. It fills the gap in their insurance portfolio and gives business owners peace of mind, so they can focus on what matters most – growing their business.”

To learn more, visit www.das.ca/accesstojustice

Please say you saw it in The Commercial Investor

COM_3516.indd 20

2016-08-25 3:46 PM

NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION

HAMILTON

HAMILTON COVERING:

Grimsby Hamilton Haldimand Stoney Ancaster Caledonia Cayuga Creek Dundas Dunnville

For advertising

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

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

NewSectionPages_FullColor2015.indd 5 COM_3516.indd 21

2015-03-19 3:47 PM 2016-08-25 3:46 PM

22

Volume 16 Issue 08

H

A

M

I

L

T

O

11292930_3516

Commercial Real Estate & Business Opportunities

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

HAMILTON FOR LEASE $6,500.00 PER MONTH

Hamilton

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.

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_0020

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”

11294991_3516

Please say you saw it in The Commercial Investor

COM_3516.indd 22

2016-08-25 3:46 PM

Volume 16 Issue 08

23

Commercial Real Estate & Business Opportunities

FOR SALE 3516_DJW_0004

BRAND NEW

Hamilton

57,700 Sq. Ft. Commercial Plaza Cedar Park Plaza / Simcoe Ontario + 30 New retail stores shovel ready for construction + Prime 5.2 acre location, 260+ customer parking Asking price $2,700,000 Investors/Builders smart business investing is about timing Now here is your opportunity to invest and build this plaza

For more information

11305026_3516

Call Ed Bain

416-836-7686

9742018_3516

(email) slandcorporation@yahoo.ca

Cosmo Costa SALES REPRESENTATIVE

Your Investment Property Specialist

STATE REALTY BROKERAGE

INDEPENDENTLY OWNED & OPERATED

CENTRALLY LOCATED 10 UNIT

EAST END ALL BRICK CONSTRUCTION

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

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

1716_DJW_0053

www.cosmocosta.ca

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

1716_DJW_0052

3516_DJW_6666

CALL 905-662-6666

Please say you saw it in The Commercial Investor

COM_3516.indd 23

2016-08-25 3:46 PM

statchat

Should you buy what foreign investors buy?

By Ben Myers

Y

ou can’t read an article about Canadian housing these days without the author talking about foreign investors’ impact on the market.

Purchases by international residents are more of a problem in the single-family market in the Greater Toronto Area (GTA), where there is a major shortage of supply, and prices are being driven up to new record highs on a daily basis. I have long contended that foreign buyers (estimated at five per cent to 10 per cent of new pre-construction condominium buyers) have been very positive for the new GTA highrise market, as they bridge the long gap between launch and occupancy in the market, and help bring forth relatively affordable rental supply.

I recently took a course on Global Real Estate Trends at MIT’s Centre for Real Estate in Boston Massachusetts, as I’m always looking for new information, trends and expert analysis to apply to my examination and understanding of the Canadian and Toronto residential markets. In one of the lectures, my professor — who has a PhD in economics from Harvard — mentioned tips for understanding real estate markets. The two that stuck out were: markets tend to misprice assets in marginal locations (leading to overpricing and over-construction), and the best bet are core assets with high location premium. This is how many foreign investors look at the Toronto condominium market, and perhaps it’s a good way for you to look at the market, too. Forget cheaper marginal locations, buy core assets.

Great locations remain great locations, and there is no guarantee that a good location will become a great location.

This is why so many foreign investors stick with great locations, because they know they’ll retain their values, and these areas are often the quickest to recover when a market does experience a correction (for example, the New York and San Francisco downtown condo markets).

For years I’ve had to listen to people tell me that too many condos are being built, young folks don’t really want to live in highrise buildings and that investors would “run for the hills” as soon as the market showed even the smallest sign of a price correction. None of these dire predictions have even come close to occurring. In fact, investors are more bullish on the Toronto condominium market than ever before, and seeing the huge demand for privately held condos

COM_3516.indd 24

being rented out, institutions and pension funds want to build new rental apartments in the GTA. Many foreign and domestic investors have made a fortune betting on the urbanization of Toronto and people’s desire to live in dense communities with ample amenities. Buying real estate in great locations is a very long-standing investment strategy for many wealthy individuals and corporations across the globe.

So should you buy condominiums like foreign investors? I would say yes (if you can afford to of course). Downtown mixed-use highrise projects within walking distance of transit and employment will continue to be the most desirable places to live, and the premium you pay now for the privilege to own a suite in these buildings will seem like peanuts 15 years from now.

If you’re on the fence about buying a condominium as an investment property, track down a realtor with experience in the pre-construction market and pick their brain. There is a lot to like about the Toronto housing market, and many outside the GTA and Canada can see that quite clearly. Happy condo hunting..

Fortress Real Developments partners with builders across Canada, and Ben assists in evaluating the market and projects that Fortress engages in.

Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/news or follow him on Twitter at @benmyers29

2016-08-25 3:46 PM

Volume 16 Issue 08

25

Commercial Real Estate & Business Opportunities

Hamilton

8171399_3516

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

D L O S 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

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

49 NORFOLK ST N, SIMCOE $449,000

107 QUEEN ST, DUNNVILLE $179,000

868 NORFOLK ST S, SIMCOE $349,000

This beautifully updated commercial building offers a highexposure loc. on sought after Norfolk St. Warm reception area, 9 offices, fully equipped board rm, 2 bthrms, 2 kitchenettes, walk-in safe & full bsmnt for storage. Rear prkng area & entry.

Flex. zoning allows for many uses. Flex. possession available.

Will not disappoint.

3516_DJW_0019

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!

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_0020

3116_DJW_1_0052

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

Please say you saw it in The Commercial Investor

COM_3516.indd 25

2016-08-25 3:46 PM

26

Commercial Real Estate & Business Opportunities

Volume 16 Issue 08

MAXIMIZE RETURN BY USING LEVERAGE

8171452_3516

Dino Nicosia, Broker of Record - Investpro Realty Ltd. www.investprorealty.com

Hamilton

What is Leverage? It is an effective investment strategy of using borrowed money to generate higher investment returns. When you actually stop to look at the everyday real estate transactions, a home purchase with only 10 - 25% down payment is actually using leverage!

How to maximize Leverage: Using leverage in real estate investing is a great way to earn big yields on small investment. When you are building real estate wealth, leverage will help you grow quickly without involving too much risk (as long as you watch out for some pitfalls, which will be discussed later). High leveraged investing in real estate is especially powerful when inflation is in full swing. High leverage investors have numbers going for them because property values rise faster than the interest charges on their borrowed money.

Example: For example, with a $100,000 investment (10% down payment) an investor can acquire a property worth as much as $1,000,000. The buyer is essentially using a relatively small percentage of his or her own money to make the purchase, and the majority of the money is being provided by a lender. Assuming the property appreciates at 5% per year, the borrower’s net worth from this purchase would grow by $50,000 in just 12 months. (5% x $1,000,000). It is the capital appreciation of the asset that brings wealth. In other words, the 100,000 investment produced a return of $50,000! A whopping 50% return.

Please say you saw it in The Commercial Investor

COM_3516.indd 26

2016-08-25 3:46 PM

Volume 16 Issue 08

27

Commercial Real Estate & Business Opportunities

Now let’s suppose the investor bought the same million dollar property with a 25% down payment ($250,000), and let’s assume the interest rate on the mortgage was at 4% per annum.

The difference in the interest saved with this strategy would have been $6,000.00 ($150,000 x 4%), therefore the net return was $56,000.00 (appreciation of $50,000 + $6,000 interest saved).

However with the higher down payment, the return on investment in this scenario would have scenario. Now you can clearly see how Leverage can bring higher returns! And that is not all! With a long term hold you will benefit from the mortgage reduction, positive cash flow and most importantly the

Hamilton

been only 23%. ($56,000 / $250,000). A huge difference in the rate of return than from the first

increase in property value.

The Risk: To a lot of people, leverage means risk. The reason is that with leverage you may run the risk of unexpected negative cash flow that could risk the investment. To reduce that risk: • Assure the income generated from the property is able to support the operating expenses and all the carrying costs.

• Be aware and always be ready for any unforeseen capital expenditures or sudden increase in interest rates, which may tremendously impact the property cash flow.

Always have extra cash available when needed.

Therefore when you buy using high leverage, remember to leave yourself a healthy cash reserve for the unexpected.

Summary: As we’ve demonstrated using Leverage in Real Estate offers a number of advantages you simply cannot achieve in other investment vehicles. This explains in part why most wealthy individuals have either made or now hold the majority of their wealth in Real Estate. It is my sincere belief that when you compare the returns, risks and barriers to success, Real Estate should be a component of every successful investor’s portfolio, and using Leverage will maximize return.

8171394_3516

Please say you saw it in The Commercial Investor

COM_3516.indd 27

2016-08-25 3:46 PM

28

Volume 16 Issue 08

Commercial Real Estate & Business Opportunities

Salvador Lachica

Ramzi Twal

Broker

Sales Representative

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

905.929.6890

salvadorlachica@royallepage.ca

MACRO REALTY

1.888.751.2229

Hamilton 3516_DJW_0031

10339498_3516

3516_DJW_1_0075

Excellent Location & Exposure!

Building & lot with ample parking (40 vehicles). Across from Centre Mall (Barton E. & Ottawa N.). Presently used as Car Sales lot & Auto Repair w/2 service bays fully equipped and an office. Formerly small gas station. Trailer serves as Car Sales office included. Easy access to QEW. Flexible Possession. MLS H3188142.

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

3516_DJW_2_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

For

Further inFormation:

11310570_3516

EXPERIENCE COUNTS

3516_DJW_1_0076

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

(London area) excellent exposure.

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

John hryczynski Broker

(905) email:

REAL ESTATE BROKERAGE CommerCial

John@BBsrealty.com

www.BBsrealty.com

commercial real estate

real estate sales and leasing serviCes 3516_DJW_1_0072

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 may be visible and is ideal for most retail/restaurant or office uses. Call John for details.

RETAIL FOR LEASE

3516_DJW_0051

RETAIL/OFFICE/MEDICAL FOR LEASE

3516_DJW_2_0071

RETAIL FOR LEASE

529-5900 x 240

1050 UPPER GAGE NEAR EXPRESSWAY Prime East Hamilton Mountain retail plaza location with excellent exposure to high traffic & quick access to expressway. Located in a mixed residential area. Ideal for most retail/ office uses. Unit is 6,286 sf & contains 3 large open areas w/ high ceilings and offices, space is divisible. Landlord may assist qualified tenant. Abundant parking. Immediate possession. Economical rate, asking only $8.95/sf net.

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

3516_DJW_2_0069

3516_DJW_3_0066

3516_DJW_2_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, units may be combined, ideal for most retail uses. Rates from $13.95-14.95/ sf. Ideal for most retail or other uses, landlord may assist with improvements. Immediate possession, loads of parking.

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.

Please say you saw it in The Commercial Investor

COM_3516.indd 28

2016-08-25 3:46 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

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

GREATER TORONTO AREA

GTA

For advertising

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

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

NewSectionPages_FullColor2015.indd 7 COM_3516.indd 29

2015-03-19 3:47 PM 2016-08-25 3:46 PM

30

Volume 16 Issue 08

26 SUITES RETIREMENT HOME WITH GOV'T FUNDING (OTTAWA AREA)

26 large suites with full ensuite bathrooms.

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

$1,550,000

3516_DJW_2_0060

Generic photo to protect the privacy of residents.

56 RHRA BED RETIREMENT HOME KITCHENER WATERLOO

61 BED RETIREMENT HOME HASTINGS COUNTY, ONTARIO

Purpose built retirement home with an excellent government funded program ensuring "full" occupancy and stable income.

Turnkey operation - experienced staff & admin. Gross income $1,860,000.

Net $358,000.

Well-established business since 1958.

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

$1,500,000

3516_DJW_0028 Generic photo to protect the privacy of residents.

3516_DJW_3_0058

Generic photo to protect the privacy of residents.

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

Email: michael@ShmuklerRealty.com

11298178_3516

Greater Toronto Area

11309889_3516

Commercial Real Estate & Business Opportunities

Please say you saw it in The Commercial Investor

COM_3516.indd 30

2016-08-25 3:46 PM

Volume 16 Issue 08

31

Commercial Real Estate & Business Opportunities

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

PRICED AT $389,900

N S TIO EUR N TE EN AT EPR TR EN

6 bedroom & 4 baths within a 10 minute drive to the University of Western Ontario. Only 4 yrs old with a gross potential (minimum) of $36,000.

3516_DJW_0001

3516_DJW_2_0031

PRICE $349,900 Downtown St Thomas. This building houses 4 residential apts & 3200 sq. ft. of retail space. This area undergoing major restructuring by the city. Gross $42,000, caps at 8%. The residential units are always in demand. 3516_DJW_1_0058

NELSON CONROY Sales Representative London South 334 Wellington Road S, N6C 4P6

LOU KELLY

1-877-436-5111 The Real Estate Centre, Brokerage

lou.kelly@rogers.com

519-672-9880

Greater Toronto Area

Broker

11310485_3516

• Commercial Bldg with high exposure and traffic count in Town of Innisfil, 2-road frontages.

• Two plus storey Century brick bldg. 4,900 sq. ft. with 3-bedrm residential component, Commercial zoning allows many uses.

• Property lends itself to a live, work & play scenario, close to GO Train & Rec Centre • 16x32 inground pool, hot tub & large deck plus wrap around deck.

• Large garage & workshop area. Lots of parking.

• Live and run your business from property plus rent out additional Commercial space.

nelsonconroy@royallepage.ca

11310398_3516

FOR LEASE

VIEW OUR MAGAZINES ON ANY

DIGITAL DEVICE

Toronto, ON

anytime, anywhere!

Published by

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

THECOMMERCIALINVESTOR.CA

Contact Pat 416-723-7149

11310675_3516

Highway 400 Exposure Ample Parking 7000 Sq. ft.

Asking $8/Sq. ft. Net

Please say you saw it in The Commercial Investor

COM_3516.indd 31

2016-08-25 3:46 PM

32

Commercial Real Estate & Business Opportunities

Volume 16 Issue 08

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_3516

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

Please say you saw it in The Commercial Investor

COM_3516.indd 32

2016-08-25 3:46 PM

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

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

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

FOR LEASE - $13 SQ. FT.

FOR SALE PRESTIGE COMMERCIAL/INDUSTRIAL CONDOMINIUMS

• Main floor corner unit currently operating as Coffee Time.

• Minutes to Highway 400/407 • Steps to New Vaughan Corporate Centre & New Subway Station • Call Lara Tersigni

ONLY 1 UNIT LEFT

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

OFFICE SPACE

3516_DJW_1_0038

FOR SALE - VAUGHAN

• From 500 sf and up.

• 2nd and main floor options available.

• Close to new Hwy 7.

• Subway line.

• Call Lara Tersigni.

$5,680,000

3516_DJW_1_0015

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

3668 sq. ft.

80% office Drive in door Ample parking High exposure Immediate access to Hwy 427 • Attractive complex

LINSTINGS NEEDED! Low Inventory.

Thinking of selling/leasing?

Call today for FREE market evaluation.

3516_DJW_1_0017

3516_DJW_1_0018

FOR SALE - 3850 STEELES AVE

• Ideal For User/Investor • Occupy And Generate Income At The Same Time!

• Great area!

• High visibility!

3516_DJW_1_0003 3516_DJW_2_0004

Massimo Farina

FOR LEASE

• • • •

3516_DJW_1_0064

ATTENTION

FOR LEASE - VAUGHAN

• • • • • •

• Rare offering.

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

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

Greater Toronto Area

3516_DJW_0008

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

9258736_3516

Weston Rd. Address Suits Restaurant use Great location Retail/Professional space 3516_DJW_1_0066

FOR LEASE

• • • • • •

2554 sq ft office 2nd floor space Great layout Ample parking Great rates Jane/Langstaff 3516_DJW_1_0665

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

COM_3516.indd 33

2016-08-25 3:46 PM

34

Volume 16 Issue 08

Commercial Real Estate & Business Opportunities

#

Commercial Team In Canada! *

Brokerage Independently Owned And Operated

**

+ +

**Sales Representatives Broker

**

www.PBcommercialteam.com

YONGE/STEELES TORONTO WESTRETAIL UNIT APARTMENT BUILDING

MAIN/DANFORTH -

HULLMARK CENTRELEASE OFFICESPACE SPACE MEDICAL CENTRE C EX

LU

SI

VE

NL Y

LU

VE

PR

IN

CI

PA L

SO

C EX

SI

Greater Toronto Area

First class medical centre at Main/Danforth Subway. Office space available private physician clinic environPremium officeforspace atpractice Tridel’s ornew Hullmark Centre at ment, work on % of gross billing!Sq. Bldg pharYongeturnkey, & Sheppard!

Approx.

916 gross Ft. includes with floor to macy; medical & physiotherapist! ceilingradiology, windowsultrasound, overlooking Yongelabs; St. and underground Free Rent period. $8/Sq Ft Net. Call Call George 416-554-7653. access to two subway lines!

For Sale! for pricing!

Prime retail unit at "World on Yonge", a brand new mall just north of Steeles on Yonge!

Partlow of amaintenance multiplex mall with reAttention Investors!

A 96 unit, apartment tail stores,located hotel, in offices++ close tolocation. the foodSitting court building a superbSituated West Toronto with two 2sides exposure with A must on over acresof this practically runs308 itselfsq. andft.with rarely see! any $199,000.

Call Matt Brienza 647-500-7708 for details. vacancy! $13,250,000

3516_DJW_1_0118

3516_DJW_0027

OFFICE SPACE! RESTAURANT FOR SALE IN DON MILLS / LAWRENCE MAJOR PLAZA WITH AMPLE PARKING!

PRIME MISSISSAUGA KENNEDY RD RETAIL/OFFICE SPACE AUTO LOCATION

/

Prime ground level retail space in busy plaza north of Turn-key 4,354 Sq Ft automotive operation in modern high Steeles & Kennedy.Plaza!

Featuring 1775 sf, rectangular-shaped traffic Mississauga Previous Goodyear location at busy Dundas/Mavis intersection.

Beautifulexposure, exterior w/lots amazing street floor space, one bath, Kennedy of parking! exposure! Large reception/sales area, huge garage w/ 19+ft $16.95/Sq. Net. Also, primebay 722 sf office space, great ceilings, largeft. mezzanine, 3 front doors & 3 rear bay doors! signage! $23.50/Sq. $24.85 Ft. Net gross. Call Matt: 647--500-7708.

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

Stunning 3383 Sq. Ft. office space in rarely offered, modern class This primebuilding GTA location the opportunity of alocation! lifetimeCurrent to own ‘A’ office at primeis‘Shops At Don Mills’ and operate your own restaurant!

Featuring a warm and friendly medical office w/hundreds of thousands in superb leaseholds.

Can atmosphere you can provide a memorable dining views!. experibe used for where any professional use; tons of windows/great $18.95/Sq Ft. Net ence for your customers. $288,800. Call Peter 416-606-7882

3516_DJW_3_0060

3516_DJW_5_0018

• • • • •

WORLDWIDE TROPHY ASSETS! ATTENTION INVESTORS!

PRINCIPALS ONLY

Downtown Manhattan skyscraper!

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

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

11276658_3516

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_3516.indd 34

2016-08-25 3:46 PM

Volume 16 Issue 08

*

SAVE $$$ BUYING/SELLING!

905 502-9944 24

ETHICS & INTEGRITY above all else...

We have OVERSEAS Buyers

Worship Place/ Medical/ Land

Convenience Store

Restaurant

Location. Location. Location!!

Once In A Lifetime Op1st Property Off Two Major portunity! Loyal Customer Hwy. Custom Design ‘Very Very Base. Long Established Automotive / Truck Business Rare’ ‘Own A Piece Of Prime Miss. Real Estate!!! Located For Sale On Rare 1.25 Acre Land! Approx $1.8M In Sales Next To Proposed Centre To The South!!! Approx 1 Acre Of with Great Verifiable Net Prime Vacant Land & W/ Rare Income! No Franchise or Royalties! Situated Directly 325 FT Frontage On Prime on Hwy 89 Close to Hwy 50. Eglinton Ave “Huge Income $2,250,000. Ask For ID#CI4987 Potential! $1,950,000. Ask For ID#CI900

Place of Worship

Fabric Store

Location..Location..Location!!!

Work Less Earn More! 11 Yr Established Profitable Filipino Great Business Opportunity Restaurant W/Loyal Clientele To Own A Well Established Fabric Store At Very Busy Area For Sale. Prime Location In Busy And High Demand Mis- Surrounded By Big Businesssissauga! Great Exposure On es. Huge Place Inventory.

Busy Street! Perfectly Situated Existing Lease Term To Expire In Central Commercial & In- After One Year With Option dustrial Area! Opportunity Like To Renew For Two Terms Of 5 Years Each. Lots of Parking!

This is Very Rare! $165,000. $75,000. Ask For ID#CI1310 Ask For ID#CI1090

Lamba Realty Group Inc., Brokerage

Hair Salon

Well Established & Golden Mine. Operating For 45 Yrs. Icon Only Salon In A Small Mall With Exclusivity For Any Beauty Service Growing Location! Lots of Growth Potential!

The Mall Is Anchor By Sobey,s Swiss Charlet, Winners, Madnarin and More! Open Only 6 Days! Potential For Growth! $30,000. Ask For ID#CI1255

11310554_3516

* Chris Chartier; Agata Drozdowska; Jenny Zhour; Joseph Servedio; Nicole Yue; Frank Gulati - Salespersons

Realty Specialists Inc. Brokerage An Independent Member Brokerage

Meat Processing Plant

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, 3Bdrm House & Zoning Allows High Tech, Lab, A Holding Barn That Can Hold Enginerring And Much More!! 100’s Of Livestock! $900,000. $1,200,000. Ask For ID#CI966 Ask For ID#CI5309

6850 Millcreek Drive Mississauga, ON L5N 4J9 Office: 905-858-3434 Direct: 647-262-9091

ESSO GAS STATION ASKING $625,000 NIAGARA REGION

Gurdeep Sandhu gssandhu@rogers.com gurdeepsandhu.com

OFFICE SPACE FORFOR LEASE OFFICE SPACE LEASE IN COOKSVILLE AREA IN COOKSVILLE AREA

$625,000 Turn-key Esso Gas Station with Lotto 649 and 3-bedroom house. Fibreglass tanks. Inside city and community area. Only Convenience Store and Gas Bar in nearby residential area. Price includes adjoining vacant land with multiple permissible uses for any other new business.

3516_DJW_0025

Greater Toronto Area

Automotive Related

11294169_3516

HRS

AJ Lamba, Broker of Record

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. $450,000. Ask For ID#CI705

35

Commercial Real Estate & Business Opportunities

ASKING $13.50 NET Available from 100 sq ft to 3500 sq ft office space in a very busy building with major Federal Goverment offices. Lot of parking space and great exposure.

Call for more details.

3516_DJW_0025

Please say you saw it in The Commercial Investor

COM_3516.indd 35

2016-08-25 3:46 PM

trebreport

GTA REALTORS RELEASE commercial market figures

T

oronto Real Estate Board President Larry Cerqua announced that TREB Commercial Network Members reported a combined 876,196 square feet of leased industrial, commercial/retail and office space in July 2016. These properties were leased on a per square foot net basis with pricing disclosed. This result represented a large increase compared to the same month last year. The industrial market segment, which accounted for 84 per cent of space leased, was the driver of strong year-over-year growth.

of property type and location, can vary. This can have a compositional impact on average lease rates and/or selling prices.

The average industrial lease rate was $5.88 per square foot net – up by 13 per cent year-over-year compared to the average of $5.20 in July 2015. In contrast, the commercial/ retail and office lease rates were down compared to last year. “The Greater Toronto Area regional economy continues to outperform many other metropolitan areas across Canada.

As such, it was encouraging to see healthy commercial leasing numbers for July. However, it is important to point out that growth in the Canadian economy more broadly remains below the long-term norm and commercial leasing and sales results could fluctuate as GTA businesses adjust to current economic conditions,� said Mr. Cerqua.

The number of combined industrial, commercial/retail and office sales in July 2016, for transactions with pricing disclosed, were down compared to July 2015. The yearover-year change in average selling prices per square foot were mixed, with the average industrial selling price down substantially and the average commercial/retail and office prices up substantially.

It is important to note, that commercial property leasing and sales activity can be quite volatile on a month-tomonth basis. As such, the types of transactions, in terms

COM_3516.indd 36

2016-08-25 3:46 PM

JULY 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) JULY 2016

July 2015

% Change

Industrial

733,985

244,079

200.7%

Commercial

69,625

52,556

32.5%

Office

72,586

51,608

40.6%

Total

876,196

348,243

151.6%

July 2016

July 2015

% Change

Industrial

$5.88

$5.20

13.1%

Commercial

$18.03

$23.69

-23.9%

Office

$9.89

$11.45

-13.6%

Avg. lease rate

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

July 2015

% Change

Industrial

15

23

-34.8%

Commercial

24

36

-33.3%

Office

7

11

-36.4%

Total

46

70

-34.3%

July 2016

July 2015

% Change

Industrial

$82.06

$126.94

-35.4%

Commercial

$400.47

$250.64

59.8%

Office

$414.41

$343.98

20.5%

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

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

COM_3516.indd 37

2016-08-25 3:46 PM

38

Volume 16 Issue 08

2116_DJW_0004

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

FOR LEASE

RD FO E R E N TH JA RU &

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

2116_DJW_1_0085

2116_DJW_1_0083

2116_DJW_1_0082

• Phoenomenal Exposure on Corner Beside Parking lot • Retail Condo • Fully Finished • Maple

3

ES

LY R N STO

FT

LE

OL I

A ET

R

2116_DJW_1_0084

POWER OF SALE

2116_DJW_1_0081

Commercial Real Estate & Business Opportunities

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

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

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

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

Rene Papa,

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

Greater Toronto Area

11308051_3516

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

selling99@rogers.com businessbarometer

A

SMALL BUSINESS CONFIDENCE REBOUNDS IN AUGUST

fter a slight dip in July, optimism among Canada’s small business owners bounced back in August with the national Business Barometer index rising by more than two points to reach 59.8.).

“There were notable gains in five provinces and dips in the five others,” said Ted Mallett, Canadian Federation of Independent Business (CFIB) chief economist.“The good news is that the declines in four of the five other provinces were very slight, about a point or less. The exception was Newfoundland & Labrador, which plunged by more than 10 points from July’s index. The overall picture remains one of guarded expectations, as this is the second-highest monthly index since May 2015, yet the index is still running five points shy of its 2010-2014 average.”

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.

Of those provinces gaining in optimism, PEI led the way at 70.5, followed by Quebec (64.9), Ontario (62.6), Nova Scotia (62.3) and Saskatchewan (54.9). Confidence levels dropped

slightly in British Columbia (65.6), New Brunswick (63.0), Manitoba (56.1) and Alberta (45.6), while Newfoundland & Labrador plummeted to 37.8.

There was a similar counter-balancing act across sectors, with seven tracking upwards and six dipping downwards. The most optimistic businesses are those in professional services (70.0) and health and education services (64.0), followed closely by information, arts and recreation (63.5), finance, insurance and real estate (62.2), hospitality (61.3) and wholesale trade (61.2). The remaining sectors are showing weakness, notably retail (58.7), construction (56.2), manufacturing (55.7) and transportation (52.8). Optimism in the agricultural sector dropped substantially to 48.9.

Short-term employment plans remain sub-par relative to previous years, while only 50 per cent of business owners expect to make capital purchases in the next few months, which is one of the lowest rates recorded since the recession.

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

August 2016 findings are based on 603 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Data reflect responses received through August 14. Findings are considered accurate to +\- 4.0 per cent 19 times in 20.

Please say you saw it in The Commercial Investor

COM_3516.indd 38

2016-08-25 3:46 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_3516.indd 39

11297590_3516

Verico The Mortgage Leaders Inc. FSCO License # 10238

2016-08-25 3:46 PM

CENTRAL ONTARIO

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

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

For advertising

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

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

NewSectionPages_FullColor2015.indd 10 COM_3516.indd 40

2015-03-19 3:47 PM 2016-08-25 3:46 PM

Volume 16 Issue 08

41

Commercial Real Estate & Business Opportunities

VIEW OUR MAGAZINES ON ANY

SMALL BUSINESS OPPORTUNITY

DIGITAL DEVICE

3516_DJW_0046

Multiple streams of income. Established 30 plus years auto body & mechanical shop in Victoria Harbor. Retail, commercial municipal government are returning customers used cars. Auto mechanical repairs, auto body repairs & painting auto detail steady demand of a retail automotive location. Well maintained 3 bed/rm 1200 sq ft hm updated & tastefully decorated. 2 bathrooms. Fencing & court yard with hot-tub privacy fence separate from business for family life, great exposure for business yet pleasant location & home to live., small building could add convenience store. Rent to own to qualified persons, inventory could be included.

anytime, anywhere!

ASKING $599,000 RARE NUMBER 1 BIG BUSINESS OPPORTUNITY Highway 90 just east of Barrie, Auto wrecking yard plus separate 40 acres to live and play existing two bay licence garage, Machinery for moving autos included separate barn on adjacant parcel with 5 stables for horses, Existing mobile office opportunity for cash flow is endless, Possible take back to qualified business person

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

ASKING $2.6 MILLION 11310748_3516

THECOMMERCIALINVESTOR.CA

Michael Preston Broker of Record

705-325-3600

Published by

8313781_3516

Bill Byers TEMISKAMING REALTY LTD.,

Central Ontario

Sales Representative bill-byers@coldwellbanker.ca

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

3516_DJW_1_0034

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

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

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

MLS 152302

3516_DJW_1_0142

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 99 PR ,9 IC 00 E

3516_DJW_0021 3516_DJW_1_0040

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

3516_DJW_2_0033

New Liskeard, Northern Ontario

3516_DJW_1_0033

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 $199,900. MLS 153288

Please say you saw it in The Commercial Investor

3:47 PM

COM_3516.indd 41

2016-08-25 3:46 PM

inthenews

ONTARIO COULD BOOST MANUFACTURING SECTOR BY FOLLOWING MICHIGAN’S EXAMPLE: Fraser Institute

T

o revive Ontario’s battered manufacturing sector, policymakers could learn a lesson from Michigan where manufacturing employment and output have rebounded strongly following the recession eight years ago, according to a new study released by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

“Michigan and Ontario have a lot in common, but while Michigan has revived its manufacturing sector since the recession, Ontario’s manufacturing sector continues to struggle,” says Ben Eisen, the Fraser Institute’s director of provincial prosperity studies and co-author of Ontario vs.

Michigan: Policy Lessons from the Wolverine State.

For much of the early part of this century, Michigan – home of the Detroit automakers – lagged behind both Ontario and the rest of the United States in terms of employment and economic growth. The Wolverine State was especially hard hit during the recession of 2008 when its economy contracted by almost three per cent and its population declined as residents left.

Starting in 2011, Michigan’s state government introduced a suite of significant policy reforms designed to reverse the

COM_3516.indd 42

state’s decline. These reforms included: 1) replacing the complex and onerous Michigan Business Tax (MBT) with a simpler and flatter corporate income tax of six per cent, 2) implementing sharp budget cuts followed by a period of limited spending growth in order to balance its budget, and 3) the introduction of “right-to-work” legislation.

The study shows that these reforms coincided with a remarkable economic turnaround, during which Michigan’s economy outperformed Ontario’s.

One of the most important dimensions of Michigan’s economic turnaround has been the resurgence of its manufacturing sector. From 2011 to 2014, manufacturing employment in Michigan grew at an average annual rate of 6.1 per cent while it actually shrank at an average annual rate of 0.5 per cent in Ontario.

Michigan has also done a better job at balancing its books than policymakers at Queen’s Park. While Ontario has experienced a dramatic and economically harmful run-up in public debt since 2011, Michigan has seen a slight decline in net public debt.

“In the face of daunting challenges, Michigan took charge of its economic future by implementing an ambitious reform package that has coincided with job growth and a lower debt burden,” says study co-author Robert Murphy.

“Although there are some factors beyond direct provincial control that influence economic performance, policy choices matter and Ontario should take note of Michigan’s reforms and its economic turnaround.”

2016-08-25 3:46 PM

Volume 16 Issue 08

43

Commercial Real Estate & Business Opportunities

Central Ontario

11310621_3516

Ontario’s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate

FOR ADVERTISING CALL

DOREEN WILLS 905.570.9283 • 1.800.268.0077 Doreen.Wills@ypnexthome.ca Please say you saw it in The Commercial Investor

COM_3516.indd 43

2016-08-25 3:46 PM

EASTERN ONTARIO

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

EASTERN ONTARIO SECTION

COVERING: Lindsay Peterborough Port Hope Bowmanville

Cobourg Trenton Belleville Kingston Northeastern Ontario

For advertising

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

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

NewSectionPages_FullColor2015.indd 12 COM_3516.indd 44

2015-03-19 3:47 PM 2016-08-25 3:46 PM

Volume 16 Issue 08

45

Commercial Real Estate & Business Opportunities

11310696_3516

BROKERAGE

INDEPENDENTLY OWNED AND OPERATED

Phone: 613.966.9400

$579,900

sgeorgiou@exitrealtygroup.ca Steven Georgiou www.exitrealtygroup.ca SALES REPRESENTATIVE www.stevengeorgiou.com Cell: (613) 391-1558

MLS #: 451130351

'Chit Chat Cafe and Corner Market', Real Estate and Business for sale. Restaurant and convenience store comes with a fried chicken franchise. Large corner lot, 3000 square foot building with potential for 3 lower walkout apartments, with 1 unit completed and rented for $850 per month plus room for a loft apartment. High traffic area and gateway to Hay Bay. Potential for growth. Location is also a U-Haul dealer which is fully transferable.

$200,000

MLS #: QR21506888

Six bedroom house with a 1650 sq/ft warehouse/shop. Workshop is currently owner occupied but could be leased out for additional income. Parking lot in front of workshop as well a storage lot and shed out back. See Realtor's website for more info.

3516_DJW_0047

3516_DJW_0048

RESTAURANT FOR SALE

$149,900

MLS #: 405360089

Older Farmhouse that has been duplexed on a one acre lot. Plenty of storage. Barn is not included, but could be negotiated and added in. New well is installed and will be hooked up prior to closing. One half is currently rented for $900/month all inclusive.

3516_DJW_0049

• Building lot, drilled well in place, sloping lot is perfect for a walkout basement.

• $54,900.

• MLS: # 405760142

• 8 residential lots in Madoc • $55,000.

• MLS #: 401660078 3516_DJW_0050

Restaurant for sale in eastern Ontario along 401 corridor. 4500 sq/ft restaurant, in business since 1989, with same owners. Good long term lease in place, rooftop units recently replaced. Updated decor, signage, kitchen and equipment in good shape. Open for lunch and dinner licensed for 160 people. Busy area surrounded by hotels, mall, and big box stores. Owners are retiring but will stay on for training, and also occasional or part time if wanted. Asking $649,000, financials available to qualified buyers.

“I have 2 ads currently in the Commercial investor.

I have had a steady flow of calls primarily from investors in the 416/905 areas regarding my properties.

I am really pleased with the results & the quality of prospects for the properties I enjoy listing & selling.”

Eastern Ontario

What our clients are saying about us

Thank you Doreen.

Nelson Conroy Sales Representative

Royal LePage Triland Realty Brokerage London/St. Thomas For information call 1.800.268.0077 Please say you saw it in The Commercial Investor

3:47 PM

COM_3516.indd 45

2016-08-25 3:46 PM

marketinsight

POSITIVE ABSORPTION ON BOTH SIDES OF THE BORDER WHILE CANADIAN AND U.S. VACANCY RATES CONVERGE Avison Young releases its Mid-Year 2016 North America, U.K. and Germany Office Market Report

T

he North American, U.K. and German office sectors reported overall healthy leasing fundamentals at the midpoint of 2016. Despite positive absorption on both sides of the Canada-U.S. border, vacancy in Canada has risen, while the U.S. rate decreased year-overyear, bringing vacancy in the two countries into closer alignment than at any time since the Great Recession. The effects of depressed oil prices continue to be felt in certain U.S. and Canadian markets – a situation that may result in further volatility affecting local leasing metrics.

These are some of the key trends noted in Avison Young’s Mid-Year 2016 North America, U.K. and Germany Office Market Report, released recently.

The report covers the office markets in 61 Canadian, U.S., Mexican, U.K. and German metropolitan regions: Calgary,

Edmonton, Halifax, Lethbridge, Montreal, Ottawa, Quebec City, Regina, Toronto, Vancouver, Waterloo Region, Winnipeg, Atlanta, Austin, Boston, Charleston, Charlotte, Chicago, Cleveland, Columbus, OH; Dallas, Denver, Detroit, Fairfield County, Fort Lauderdale, Greenville, Hartford, Houston, Indianapolis, Jacksonville, Las Vegas, Long Island, Los Angeles, Miami, Minneapolis, Nashville, New Jersey, New York, Oakland, Orange County, Orlando, Philadelphia, Phoenix, Pittsburgh, Raleigh-Durham, Reno, Sacramento, San Antonio, San Diego County, San Francisco, San Mateo, Tampa, Washington, DC; West Palm Beach, Mexico City, Coventry, London, U.K.; Duesseldorf, Frankfurt, Hamburg and Munich.

“Our annual mid-year review of the office sector has once again expanded along with Avison Young, and now covers 61 markets (up from 50 in 2015), including additional markets in the U.S. and the U.K., as well as Mexico and Germany for the first time,” comments Mark E. Rose, Chair and CEO of Avison Young.

Rose continues: “The divergence in economic performance between Canada and the U.S. that we reported in 2015 has continued during the intervening 12 months. As a result, office market fundamentals in the two countries have also posted differing results. While the U.S. shows continued signs of improvement, Canada has seen varied performance from its office markets.

Rounding out North America, the Mexico City office market is performing well with a healthy vacancy rate – though vacancy is at its highest point since the end of 2013. Meanwhile, in Europe, the Brexit vote in June marked the start of a period of uncertainty for the U.K. economy and property market. Despite this uncertainty, and a reported low level of leasing activity, U.K. vacancy rates remain at historically low levels. And in Germany, the top office leasing markets recorded solid take-up levels on the back of a stable and growing economy with leasing activity above the long-term average across all markets.”

“The U.S. office market demonstrated further strengthening during the last four quarters. November’s presidential election should have little impact on commercial real estate after a year of generally positive economic growth reports – increased consumer spending and real gains in employment Continued on Page 52

COM_3516.indd 46

2016-08-25 3:46 PM

NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

NIAGARA

NIAGARA Welland Fort Erie Beamsville Fonthill Port Colborne

For advertising

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

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

NewSectionPages_FullColor2015.indd 13 COM_3516.indd 47

2015-03-19 3:48 PM 2016-08-25 3:46 PM

Volume 16 Issue 08

Commercial Real Estate & Business Opportunities

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

Tony Tripodi Broker

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

LAND

10331793_3516

48

INDUSTRIAL * COMMERCIAL * INVESTMENT LAND

34.57 acres, open residential land, located adjacent to new houses being built. Within the Village of Rolling Meadows, with proposed 2 new schools, churches and shopping.

Situated in the geographic centre of the Nigara Peninsula in the City of Thorold. Close to highways 406 and QEW. Listed at $2,450,000.

Thorold - 5 acres open lane.

Designated residential in a developing area close to major highways QEW and 406. Measuring 164' x 887'.

Ideal for multi-residential development.

Listed at $500,000.

3516_DJW_0042

3516_DJW_0043

COMMERCIAL BUILDING

CATERING BUSINESS

Close to new developing area of the city on Ontario Street.

Main floor commercial, 2nd floor residential, plus full basement. Large parking lot.

Run your business and live in or rent the apartment out.

Listed at $339,000.

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.

3516_DJW_0044

3516_DJW_4_0052

Fully Equiped DELI FOR SALE - $39,000

Jul 30 - Aug

INCORPO Full Covera

27, 201 6, Volume

16 Issue

RATING FRANCH

ge Area Inc

2786 KING ST. E., KITC

07

ISE AND BUSINES

luding Win

dsor, Ham

HENER

$1,030

ilton, Toront

,000

S OPPO RT

o, Niagar

CHESLEY

UNITIES

a Falls, Kin

- RESIDEN

gston and

TIAL SUB DIVI

Ottawa!

SION - $89 0,00

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

0

Independently owned and operated

6-214-48 41 7

0337

S

16 Issue

06

6,242 SQU ARE

5

Brokers Informatio Listing Ser n vice

LE

R

FO

FEET FRE ESTANDIN

SA

G, BUR

LINGTON

30,000 Haves & +, Wants, INCORPO 75% Exclusive RATIN Res Gults FRinANCH Full Covera ISE AND 60 sec ge Area Inconds on BUSINES your pho luding S OPPO ICIWorld.co 540 ne Windsor, Ham RTUNITI BINGEMA m iciw ilton, Toront NS CEN ES orld.mo Clean, DR., KITC one o, Niagar biTRE Or Add The ASE Add It To Near Apple dock door, 17 Your Home HENER $20 Screen .00/SFby Line / Harv feet clear heigh a Falls, Kingst ICIW LE orld ester t, 1500 R on and FREE App sq.

Willi CHE Road mercial Inve

stor delivered

an McL

CMA Realt ean, Sales Repre y Ltd., sentative 519-590- Brokerage duncan@c 7997 marealty.c a

Jun 04 -

6-214-48 41 7

Jul 02, 201 6, Volume

16 Issue

05

directly to

your door!

See inside

for details

Featuring 60 residential. registered unser viced buildi The prope ng lots, plus of Hanov er). Chesl rty is situated in 33 acres the ey boasts of flat land, its own hospit picturesque town zoned of Chesley al. (just north ASKING ONLY $89 For Mark eting Broch 0,000 Winston ure Call: Davies, WinCorp Broke 45 Keats Realty Inc., Real r of Record Estate Broke Crescent, Tel: 519Guelph, rage Ontario 836-2080 N1G 3B1 Fax: 519Email: wjmd avies@rog 836-2081 ers.com

345 SPR UCE

Brokers Informatio Listing Ser n vice

STREET,

WATERLO

O

• 6-plex apar tment build

ing 30,000 • $186,000 Haves & +, + Gros Wa Annual Incom s 75% Exc nts, e lusive • 5% cap rate Results in • 30 stude nts INCORPO 60 seconds on • Purpose RATIN yourGpho built in ICIWorld.co FRneANCH $2,330 2011 mFulliciw ISE AND,000 Covorld erage • MLS® .moAre BUSINES bi aAddInc Or Add The It To Your ludHome S OPPO ingScreen Windsor, ICIWorld Milovick RTUN FREE App HamRoyal LePaMike , Brok ge LE Grand Valle ilton,IndepTor er y Realty, enden ont tly Owne o, Nia Brokerage d and

ITIES

• 6 Unit Apartment Complex For Sale w/ • Separate upside Hydro Meter • Updated s Windo Eaves, Plumb ws, Roof, Hydro, Soffits, ing, Kitche ns and Baths

• Close to transit, shopp and downt ing, own St. Catha highway • Fully Tenan ted turnke rines • $589,777 y operation • Call Nichol as Kazan, Nich Broker, Broker for Royal LePa olas Kazan Details Independen ge Macro Realt Direct: y, tly Owned and Opera Brokerage nkazan@ro289-929-4300 ted yallepage.c Office: 905-574a www.

NicholasKa 3038 zan.com8

6-214-48 41 7

2316_D JW_0002

5

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

ICIWorld.co

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

FREE SU

BSCRIPT

ION!

Get The Com

COM_3516.indd 48

FC_2716

EX PL

(COM)

6

gar mike@tea Operaa tedFalls, Get The Com mmilovic 519-745-700 Kingston 0 k.com mercial Inve and Ottawa | www CHESLEY stor delivered - RES.team !

IDENmilo .com TIALvick directly to SUB DIVISION your door!

- $890,00 See inside 0 for details

Featuring 60 residential. registered unser viced buildi The prope ng lots, plus of Hanov er). Chesl rty is situated in 33 acres the ey boasts of flat land, its own hospit picturesque town zoned of Chesley al. (just north ASKING ONLY $89 For Mark eting Broch 0,000 Winston ure Call: Davies, WinCorp Broke 45 Keats Realty Inc., Real r of Record Estate Broke Crescent, Tel: 519Guelph, rage Ontario 836-2080 N1G Fax: 5193B1 Email: wjmd avies@rog 836-2081 ers.com

PLAINS 2,700 SQROAD, BURLING .

TO HOME OFFT. FREESTAND N ING FICE BU ILDING

MAHDVI

mercial Inve

Shows beautifu lly. of park ing. Nice Lots office furniture incl and rear uded. Front entranc alarm es, system, board room, 4 priv kitchenette ate offices, , firepl aces, etc.

directly to

SPECIALIZING IN FARMS, AGRICULTURE, GREENHOUSES, ETC.. IN THE NIAGARA REGION! SPEC For information call 1.800.268.0077 Please say you saw it in The Commercial Investor

BEH

AL Sales Repre sentative Coldwell 289-2 Banker Commercia 91-7008 Office l Integrity Real Estat mbehal@c e Inc., Broke bci.ca 289-291rage 7008

stor delivered

SOLD THROUGH THE COMMERCIAL INVESTOR

your door!

See inside

for details

(COM)

SUBSCRR SA FO IPTION!

6 Acres of residential TOP NOTCH, HORSE FACILITY on development land in 10 acres in Pelham. 160' x 65' indoor Jordan Station. arena with great rubber sand Surrounded by the footing, observation deck with large Greenbelt, vineyards & tack room plus 2nd observation orchards. All city services room with kitchen, 4pc bath, 28 stall at the road! Only mins to barn with new windows, outdoor the QEW & all amenities. sand ring & jumping ring, 7 paddocks, pond, hay mow, $2,999,800 separate hydro meter for barn. Tastefully renovated bungalow with addition. Attached double car garage.

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

FC_2316

Niagara Peninsula

• Constructio n started • Ready on high for • Two floors occupancy in Septeprofile office build • Still possi consisting of 11,25mber 2016 - Act ing near Victoria St. N. now to secur 0 sq. ft.

• Convenientble to customize e for single each for a total access to of 22,50 • Minutes tenant signa 0 sq. ft. to GO Train, Hwy 8, future Hwy 7 and ture building VIA Rail WR Intern and publi ational Airpo c transit Call Dunc rt

5

Ottawa!

ft. office am DeJo SLEY .- RES area.

Alisha McL ng, Broker IDEN ean, Sales of Record, (289 TIAL SUBDIVI Coldwell SION - $89 Banker Representa )291-506 Commercia 0,000 8 or l Integrity tive, (289)291 -508 Real Estat e Inc., Broke 5 rage

Get The Com

(COM)

IPTION!

FC_3116

FO SUBSCR

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

Featuring 60 residential. registered unserviced The proper building lots, Hanover). ty plus approx Chesley boasts is situated in the . permarket, its own moder picturesque town 30 acres of flat land, an active of Chesle n hospital, Main Street y (just north zoned numerous with a new of churches, large Grey-B ASK For Mark ruce Schoo social clubs, sueting Broch ING ONLY l Board Head $89 Office.

WinCorp ure Call: Winston 0,000 45 Keats Realty Inc., Real Davies, Broke r of Reco Estate Broke Crescent, rd Tel: 519Guelph, rage Ontario 836-2080 N1G 3B1 Fax: 519Email: wjmd avies@rog 836-2081 ers.com

Call

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

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

30 ACRE

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

2016-08-25 3:46 PM

Volume 16 Issue 08

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

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

38 LAKEPORT ROAD ST. CATHARINES

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

BROKERAGE APPRAISALS MANAGEMENT

3516_DJW_0011

340A LAKESHORE RD. ST. CATHARINES

HISTORICAL/COMMERCIAL BUILDING Situated in Port Dalhousie, St. Catharines. This historical commercial building on a corner site was previously occupied by a restaurant on the main floor.

4 room B&B on the 2nd floor. Licensed for 108 plus 76 outdoors. Gateway property to Port Dalhousie overlooking the harbor & marina. High traffic location, ample parking.

OFFERED AT $1,400,000 Contact Greg Chew, Sales Representative greg.chew@colliers.com

FREE STANDING BUILDING Former gas station and current Auto Clinic. 2,200 sq. ft. building situated at the corner of Pelham Road and Rykert Street. 4 bay garage with grade level ship doors, ample parking. Lot size: +/- 158 feet x +/- 123 feet Zoning: C1 - Local Convenience Commercial.

OFFERED AT $399,999 Contact: Bryan Saelens, Sales Rep bryan.saelens@colliers.com

1117 & 1119 CONCESSION RD. FORT ERIE

3516_DJW_0012

3516_DJW_1_0048

FOR SALE: PRESTIGE INDUSTRIAL

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

OFFERED AT $8,250,000 Contact: Taylor Wilson, Broker taylor.wilson@colliers.com

3516_DJW_1_0059

CAISTORVILLE GOLF CLUB

+/-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

WAREHOUSE/HEAVY INDUSTRIAL/MANUFACTURING W/SEAWAY ACCESS.

69 PELHAM ROAD ST. CATHARINES

3516_DJW_0010

9515 MONTROSE ROAD NIAGARA FALLS 3516_DJW_1_0049

1129 CAISTORVILLE ROAD CAISTOR CENTER

VINEMOUNT RIDGE VINEYARD +/-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

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

Niagara Peninsula

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

2433 REGIONAL RD. 69 LINCOLN

3516_DJW_1_0026

6693 - 6719 THOROLD STONE RD. NIAGARA FALLS

3516_DJW_0009

3516_DJW_1_0047

133 HANNOVER DRIVE ST. CATHARINES

Accelerating success.

Global leadership in real estate solutions.

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

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

11306014_3516

Please say you saw it in The Commercial Investor

COM_3516.indd 49

2016-08-25 3:46 PM

50

11277217_3516

Greg Howe Sales Representative

905-935-6838

11310399_3516

Commercial Real Estate & Business Opportunities

Volume 16 Issue 08

Niagara Real Estate Centre Brokerage

gamhowe@sympatico.ca

Niagara Region 905-358-9800 | 1-877-357-7346 COMMERCIAL AND COMMERCIAL MIX PROPERTIES WITH GOOD RETURNS AND POSSIBLE VTB’S. MANY TO CHOOSE FROM, FOR BUYERS ONLY. SELLERS ARE VERY DISCRETE.

ROYAL LEPAGE NIAGARA R.E.C. INC, BROKERAGE

www.romanshomes.com

roman@royallepage.ca Office: 905-734-4545

1-866-771-7764

NEW PRICE $799,900

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.

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.

3116_DJW_3_0018

1504-1508 NIAGARA STONE RD, NOTL Calling all Entrepreneurs! Rare opportunity to set up shop in downtown Virgil on one of Niagara's busiest tourism corridors! Located across the street from Silversmith Brewery, 2 minutes from Trius and 9 minutes from Downtown Niagara on the Lake (by car). Property is zoned Village Commercial - open a brewery, art/photography studio, Inn, retail store, restaurant, tavern, bakery, professional office... the list goes on! Has operated as the Lawrenceville Restaurant & Inn for the last 37 years. Site includes 2 buildings: the restaurant (2650 sq feet) and the Inn (1,800 sqaure feet - 5 units). All in rooms have ensuite bathrooms. 23 parking spaces available on site. Restaurant patio seats 40. Site includes 54 x 128 foot vacant commercial lot. Land and buildings for sale only. Showings on Mondays - by appointment only. Current owners have happily run their family business for the past 38 years and are motivated to begin their retirement.

3516_DJW_1_0013

marketinsight

HAVE AN INVESTMENT? Here are three things you need to know

A Niagara Peninsula

new series of investment reforms are being phased in by Canadian investment regulators to improve transparency and disclosure. Called the Client Relationship Model — Phase 2 or CRM2, the reforms sound like a character out of the latest Star Wars, but the new information it brings will make you a smarter investor.

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.

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:

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.

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.

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

COM_3516.indd 50

2016-08-25 3:47 PM

Volume 16 Issue 08

51

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_3516 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES Neigbouring the prestigious Town of Jordan, lies this 49+ acre bench land property. Approx 16.5 acres of tile drained vineyards with 5 acres designated to orchards, berry and vegetable crops.

Balance consists of a large pond, bush and headlands. Original 1835 homestead has been totally transformed and added on to boast just under 5000 sq ft of living space.

Portion of the house presently a B&B or inlaw suite with formal dining room, living room with open concept kitchen, 2 piece & 4 piece bath and large bedrooms. Main house has 3+ 1 bedrooms with two, 4 piece ensuites, plus a 3 piece bath, office, living room with fireplace, front family room, open concept eat in kitchen with granite countertops. Attached double car garage, attached greenhouse with mature fig trees. 55' x 25' pool room with inground concrete pool and hot tub. Detached board and batten 36' x 24' barn for grape pressing. This one of a kind property is certified organic and surrounded by Niagara's Escarpment and vineyards. Great winery site potential! Call for more info. Asking $2,495,000

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_3516

Niagara Peninsula

1-888-984-8716

Please say you saw it in The Commercial Investor

COM_3516.indd 51

2016-08-25 3:47 PM

Continued from Page 46

resulting in sub-five per cent unemployment levels. In addition, the Federal Reserve is unlikely to raise interest rates until late in the year. In Canada, softer economic results were reflected in the office market’s performance. Not surprisingly, this situation was mostly attributed to weak market fundamentals in Alberta, while Toronto, Montreal and Vancouver saw an uptick in demand. Nevertheless, we expect continued deal velocity for the remainder of the year in Canada, while vacancy could face upward pressure and rents could experience downward pressure due to new supply and moderate demand,” says Rose.

Argeropoulos adds: “Fundamentals will be tested as the bulk of new supply makes its way through the system in the next 18 to 24 months, holding back any significant rental rate growth. A tenants’ market will likely ensue in commodity development- and vacancy-laden markets.

According to the report, of the 61 office markets tracked

by Avison Young in North America, the U.K. and Germany, market-wide vacancy rates decreased by varying degrees in 34 of the markets on an annualized basis. Given that all five countries reported positive net absorption over the 12-month period, the fact that only 56 per cent of markets saw decreasing vacancy demonstrates the importance of understanding individual markets’ demand drivers, construction pipelines and local economic conditions.

NOTABLE MID-YEAR 2016 CANADIAN OFFICE MARKET HIGHLIGHTS:

With the exception of Canada, the amount of space under construction ticked upward in most markets year-overyear, and preleasing levels are significant. Nonetheless, stakeholders will need to monitor vacancy levels on a marketspecific basis for signs of oversupply.

CANADA With the national economy stuck in neutral amid less-thanstellar GDP and employment numbers, Canada’s stable office leasing fundamentals are increasingly coming under pressure.

The 12 office markets surveyed posted varied results in most major metrics – vacancy, rent, absorption and development – for the 12 months ending June 30, 2016. In addition to the effects of a battered commodities sector, the acceleration of new supply is causing some markets undue stress, offsetting meaningful demand while pushing vacancy upward and rents downward.

“I don’t think we expected anything dramatically different from what has transpired in Canada’s office markets during the past year and, particularly, in the first half of 2016,” states Bill Argeropoulos, principal and practice leader, Research (Canada) for Avison Young. “While Calgary’s challenges have been well-publicized, the city is no stranger to wild vacancy swings and prolonged recovery cycles. It’s not all doom and gloom for the Canadian office sector, though. Despite construction levels similar to those in Calgary, Toronto has surprised many observers with the resilience of its performance. This resilience is most visible in the downtown market – which some had argued was being over-built – due to the successful lease-up of new developments and dwindling vacant backfill space.”

COM_3516.indd 52

Looking forward, the millennials’ impact in years to come may be more profound than simply altering the way we plan our working environment. As more organizations densify their premises, putting more workers into less space, there may be a measurable effect resulting in long-term absorption levels below historical averages.”

• Despite uneven demand in local markets, Canada registered positive 12-month absorption of almost 1.9 million square feet (msf) between mid-year 2015 and mid-year 2016.

Toronto, Montreal and Vancouver had strong showings, while the East widely outperformed the West.

• Year-over-year, Canada’s office vacancy climbed 170 basis points (bps) to 12.1 per cent, rising in 11 of 12 markets – due to weak fundamentals, notably in Calgary and, to a lesser extent, in Edmonton. Calgary had the highest vacancy rate and biggest change (+820 bps), while Winnipeg (6.8 per cent) had the lowest.

• Varying demand and construction levels highlighted the gap between downtown and suburban markets and from city to city. Weighed down by Calgary and Edmonton, the Western markets’ vacancy spiked 390 bps year-over-year to 14.2 per cent at mid-year 2016. Eastern markets experienced a modest 60-bps bump to 11 per cent.

• Driven by urban intensification, downtown markets registered robust 12-month absorption of 1.4 msf. However, new supply of more than 3.7 msf in the same period lifted downtown vacancy to 10.6 per cent (+170 bps) nationally.

While steady in the East (8.2 per cent), downtown vacancy rose considerably in the West (14.5 per cent, +470 bps).

• Following more than 4.2 msf of office completions, suburban markets recorded modest year-over-year growth, driving vacancy up to 14.1 per cent (+200 bps) at mid-year 2016. Led

by Calgary and Vancouver, the West outperformed the East in suburban office completions.

• Canada added more than eight msf of new office supply from mid-year 2015 to mid-year 2016 with suburban markets slightly leading their downtown counterparts. More than half of the new inventory was added in Toronto and Calgary.

• Developers are looking beyond near-term setbacks with more than 16 msf under construction (56 per cent preleased) and downtown projects doubling suburban in terms of size.

Calgary and Toronto lead with notable development also

2016-08-25 3:47 PM

underway in Vancouver, Edmonton and Montreal.

• Elevated vacancy has kept rents at bay and fragmented among asset classes. Average class A asking rents dipped in both downtown ($21.61 per square foot (psf), -$1.75 psf) and suburban markets ($17.69 psf, -$0.13 psf).

U.S. In contrast to office market conditions in Canada, according to the report, the office sector in the U.S. experienced broadbased improvement. Vacancy in the 4.6-billion-square-foot (bsf) U.S. office market tracked by Avison Young tightened at mid-year 2016 when compared with the vacancy recorded a year earlier. For the office markets, common themes persisted during the 12-month period ending at mid-year 2016 as occupiers again focused on space efficiencies and a preference for locations served by public transit and walkable conveniences.

“Absorption in the U.S. office sector was a notable indicator of the markets’ increasing health as the country posted 43 msf of net absorption between mid-year 2015 and midyear 2016,” notes Earl Webb, Avison Young’s president, U.S. Operations. “During the same period, class A rental rates in downtown markets spiked, moving almost eight per cent higher. With another year of sustained job growth, the overall U.S. unemployment rate fell below five per cent in 2016. We anticipate that favorable leasing fundamentals for the office sector will be ongoing through year-end 2016, and although select markets may experience some delay in office lease executions until after the election is decided, this situation should have minimal impact on market conditions into 2017.”

• Twelve-month net absorption in the U.S. was 43 msf for the period ending June 30, 2016, representing nearly a 16 per cent decline year-over-year and only 0.9 per cent of existing inventory. Suburban markets captured the bulk of net absorption achieved between midyear 2015 and mid-year 2016.

• The U.S. had 90 msf of office space under construction at mid-year 2016, up from 82 msf one year earlier. Projects under construction are 50 per cent preleased, pointing to the demand for new buildings.

• Three U.S. markets have significant volumes of construction activity. New York has the greatest amount by far (15.1 msf, 46 per cent preleased), followed by Washington, DC (11.1 msf, 31 per cent preleased) and Dallas (10.2 msf, 67 per cent preleased). These three markets alone accounted for 40.3 per cent of all U.S. development underway at mid-year 2016.

• Houston delivered 7.9 msf between mid-year 2015 and mid-year 2016 and has another 3.8 msf under construction; however, 3.8 msf is a modest volume, as Houston reported an average of 11.7 msf under construction at mid-year 2013, 2014 and 2015.  Pricing again trended upward and average asking class A rental rates grew in both downtown and suburban markets with downtown rents increasing significantly by $3.69 psf, or 7.7 per cent, year-over-year to $51.80 psf. Notably, of the 39 downtown markets tracked, all but five reported increases in their rental rates.

“In 2015 we reported a return to more balanced leasing conditions with lower vacancy after several years of Webb continues: “Development is on the rise in answer to absorption and job growth, and the office market remains the demand for new buildings, while the growing presence strongest we’ve seen since the Great Recession,” adds Webb. of amenity-rich, co-working options may spur owners of “Companies have demonstrated a distinct preference for workolder properties to add social gathering places and tenantlive-play environments with a mature infrastructure of tenant recreation areas to compete for occupiers in this environment.” services to aid their recruiting efforts. For the remainder of 2016, tenants’ need for space efficiencies and flexibility will NOTABLE MID-YEAR 2016 U.S. OFFICE MARKET endure. Nevertheless, we expect this year’s office leasing HIGHLIGHTS: levels to be in line with historical averages and, in spite of • National office vacancy dipped to an average of 12.7 per elevated volumes of construction, no real threat of oversupply.” cent at mid-year 2016 – a 40-bps improvement compared with the same period one year prior. Downtown markets Avison Young is among the world’s fastest-growing commercial real experienced less change (down 20 bps from mid-year 2015), but have tighter conditions overall with 10.8 per cent vacancy estate services firms. Headquartered in Toronto, Canada, Avison inclusive of sublet space and 15 markets reporting vacancy in Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,400 real the single digits. estate professionals in 78 offices, providing value-added, client• The cluster of Northern California downtown markets – San centric investment sales, leasing, advisory, management, financing Francisco, Oakland and San Mateo – reported extremely and mortgage placement services to owners and occupiers of office, low vacancies of 5.5 per cent, 3.9 per cent and 1.7 per cent, retail, industrial and multi-family properties. avisonyoung.com respectively. In New York, the nation’s largest downtown market with 443 msf, vacancy improved by 40 bps falling to single digits (9.6 per cent vacant).

COM_3516.indd 53

2016-08-25 3:47 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_3516.indd 54

2015-03-19 3:48 PM 2016-08-25 3:47 PM

Volume 16 Issue 08

55

Commercial Real Estate & Business Opportunities

9649286_3516

Business Investor

Article continued from July 30 issue

Please say you saw it in The Commercial Investor

3:48 PM

COM_3516.indd 55

2016-08-25 3:47 PM

56

Commercial Real Estate & Business Opportunities

Volume 16 Issue 08

Business Investor

11289457_3516

Please say you saw it in The Commercial Investor

COM_3516.indd 56

2016-08-25 3:47 PM

H

A

M

I

L

T

O

N

Mazhar Roshan Sales Representative

HomeLife Professionals Realty Inc.

Direct GTA Direct Office

mazharroshan@sympatico.ca SALVAGE & WRECKING YARD - $899,000 ALSO AVAILABLE FOR LEASE

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

BROKERAGE

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

Call for details.

PLAZA FOR SALE

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

3516_DJW_1_0041 3516_DJW_2_0017

VACANT LAND $3,500,000

NEED TO SELL YOUR BUSINESS OR COMMERCIAL PROPERTY?

8148414_3516

905.929.9800 647.609.9463 905.574.6400

3516_DJW_2_0085

HAMILTON $249,900

THIS SPACE IS FOR YOU! CALL FOR DETAILS

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. 3516_DJW_3_0013

BUSINESS FOR SALE - $179,900

BURLINGTON BUSINESS FOR SALE

EAST HAMILTON

RE $4 DU 9, CE 90 D 0

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. 3516_DJW_4_0006

Only one year old pizza franchise. Doing $350K P/Y sales and improving.All brand new equipment and lease hold improvements.

Good for large family or hands on manager/owner. Low rent, long 3516_DJW_2_0061 lease and real money making business.

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

DOLLAR STORE - $79,900

FOR LEASE - $1,200 P/M

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

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 3516_DJW_1_0056 rent.

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

Rent includes all the utilities, over 1000 square feet of space with 5 small offices, reception & meeting room area. 3516_DJW_1_0067

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

BURLINGTON 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.

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.

3516_DJW_2_0007

3516_DJW_2_0005

3516_DJW_4_0023

3516_DJW_3_0006

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.

3516_DJW_3_0018

3516_DJW_2_0011

11G COM

COMM_GLOSS_3516.indd 11

2016-08-23 1:46 PM

legallyspeaking

Rental Applications -

When can Landlords retain deposits?

By Jayson Schwarz and Konstantine Chatzidimos

I

f you are reading this article you may currently own or may be considering acquiring a residential investment property. Ownership of such properties typically involves the vetting of prospective tenancy candidates via a rental application process followed by the negotiation of a formal lease. This article discusses a recent decision of the Ontario Court of Appeal which explored the meaning of the term ‘rent deposit’. The court’s decision may surprise you.

Musilla v. Avcan Management Inc. In this case Sarah Musilla filled out a rental application form for a one-year tenancy and provided it to the landlord along with the required deposit cheque equivalent to one month’s rent. Six weeks before the tenancy was to have commenced, she backed out of the agreement and refused to sign the lease as contemplated in the rental application. She never took possession of the property. Ms. Musilla then sued to get her deposit back. This would seem like an easy one for the Landlord ,but not so.

At the Landlord and Tenant Board (the “Board”) and the Ontario Divisional Court Ms. Musilla relied on subsection 107(1) of the Residential Tenancies Act (“RTA”) which states that a landlord “…shall repay the amount received as a rent deposit in respect of a rental unit if vacant possession of the unit is not given to the prospective tenant.” Ms. Musilla argued that she was entitled to a refund because she had not taken possession of the unit – regardless of the reason why. The Board and Divisional Court disagreed and held that tenants cannot unilaterally terminate tenancies prior to taking possession and then claim the deposit back. It makes sense for the Landlord to keep the deposit ... Well, not for Ms. Musilla who appealed to the Ontario Court of Appeal.

The Court considered whether the deposit provided by Ms. Musilla actually represented a “security deposit”. The Court reasoned that the rental application signed by Ms. Musilla was not a lease; this was confirmed by the wording on the very application form which contemplated that an accepted

prospective tenant would execute a formal lease prior to moving in. Moreover, the RTA states that payment of last month’s rent is the only circumstance where a landlord can retain a “security deposit”. As such, the deposit provided by Ms. Musilla with her rental application did not constitute a “security deposit” as there was no tenancy established at that point given no lease was signed. The result in this case was that Avcan Management Inc. was not authorized under the RTA to keep Ms. Musilla’s money for her failure to enter into the lease.

Conclusion Rental application forms such as the one considered in this case are commonly used by landlords as a way of vetting potential tenants; deposit cheques are typically provided with such applications. As you can appreciate, the Court’s recent decision in this matter has potential to create problems visà-vis this established practice. Deposits are required so as to establish that prospective tenants are serious in applying to rent a unit as well as to incentivize landlords into holding the desired units.

It will be interesting to see how this decision affects matters going forward. If you are a prospective residential landlord, it may not be a bad idea to have your rental application form reviewed by a lawyer experienced in this field as it seems that the Court’s decision applies only to situations where it is unclear whether a deposit may be returned if a lease is not entered into.

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 (kchatz@schwarzlaw.ca), or phone us at 888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.

Jayson Schwarz LL.M is a Toronto business lawyer and senior partner in the law firm Schwarz Law LLP. Konstantine Chatzidimos is a Toronto business lawyer and associate in the firm.

12G COM

COMM_GLOSS_3516.indd 12

2016-08-23 1:46 PM

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

TAXI BUSINESS WITH PROPERTY

2716_DJW_0059

DOWNTOWN INVESTMENT PROPERTY BRAMPTON

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

$925,000 2316_DJW_2_0075

• Old World Charm - brick and beam building • 25,000 sq ft leasable area • Completely renovated and updated • Many longterm and established tenants • Net Potential income $302,705 • New facade and elevators $5,295,000

INDUSTRIAL COMMERCIAL PLAZA • New Construction • 9 units for sale • Rent GUARANTEE • NET INCOME $175,000 • Principals Only

8471255_3516

8% CAP - BRANTFORD

$2,199,000 2716_DJW_0060

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

COMM_GLOSS_3516.indd 13

2016-08-23 1:46 PM

investorinsights

SHOULD I INVEST IN A NEW CONDO THIS YEAR?

By Andrew la Fleur

Y

ou have some money saved up and it’s not doing any good in the bank. Investing in a condo has always been something you’ve thought about, and now you are finally ready to take action. Good! Now the question that keeps coming up in your head is, “Should I invest in a condo this year?”

The question behind the question is,“Will I be better off if I wait?”Waiting for the stars to align or trying to“time the market” is a fools’ game. Instead, you should first decide you are going to invest in a new condo, then make a plan, then go out and do it.

You absolutely should invest in a new condo this year but there are a few things you need to know: Everything that you’ve heard is wrong. The first thing you need to know is that everything you’ve heard about the condo market is wrong.

It seems everyone has an opinion on the real estate market and whether or not there is a condo bubble or something in Toronto. We hear the so-called experts chiming in just about every week from New York or who-knows-where telling us that our market is 25 or 50 or 2,000 per cent overvalued and that it’s all going to crash.

Every party you go to, every family gathering, the topic of real estate seems to come up and everyone has their own opinion and reason why you shouldn’t invest in a new condo.

The problem with all these opinions is the source: they are all people who have never invested in the condo market. They have no skin in the game! Asking someone who has never invested in the condo market if you should invest is like asking a vegetarian if you should eat a hamburger! You know what the answer is going to be.

So, put aside all the opinions and advice that you’ve come across and do your own research. Talk to people who are investing in the market right now and figure out what makes sense to you, then act!

Good opportunities are always available. Toronto is a massive city, and we are the largest condo market in North America. Whether the market is going up, down, sideways, it doesn’t matter because there are great investment opportunities in every market.

So many people believe the lie that there are only good opportunities when the market is red hot, or you should only buy if the market is severely depressed. Seasoned condo investors know this is not how the market works and they always evaluate every opportunity on it’s own individual merits.

Have a system and follow it. In order to be a successful condo investor, you need to have a system and a plan in place that you follow.

If you are a seasoned condo investor and you have been doing this for a long time already, you likely have your systems in place and you keep following them because they have made you a lot of money.

If you don’t have a system or a plan, or you don’t know where to start, don’t try to re-invent the wheel! Instead, contact a Realtor who is a specialist in the pre-construction condo market, someone who works with investors every day and can help you figure out the best spots to invest in the market and how to make the most money over the long term.

When you follow the path already laid out by those who have come before you, everything becomes easy.

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.

14G COM

COMM_GLOSS_3516.indd 14

2016-08-23 1:46 PM

8468583_3516

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 $499,000. Call Don Rankin or Norm Merz.

ED

C

U D E

R

2716_DJW_0012

businessbarometer

“CPP INCREASE NOT SO “MODEST” ACCORDING TO SMALL BUSINESS

T

he proposed Canada Pension Plan (CPP) increase may be pitched as “modest”, but small business owners are saying it’s anything but, according to the latest data from the Canadian Federation of Independent Business (CFIB).

A full 70 per cent of small business owners in a recent CFIB survey disagree with the notion put forward by finance ministers that the proposed hike is modest, with a limited impact on business.

“Try growing a business and creating jobs in a tough economy, with the constant threat of carbon taxes, minimum wage hikes and other new costs, then add seven straight years of CPP increases,” said Dan Kelly, CFIB president.“A full 80 per cent of small business owners say that CPP hikes will make it much more difficult for them to cope with other tax increases and increased costs.”

“We commend the British Columbia government for joining Quebec in consulting with the public prior to finalizing any plan to raise CPP premiums. More than 90 per cent of business owners in BC support the province’s decision to

consult more than 90 per cent of business owners in other provinces, outside Quebec, want their governments to do the same,” added Kelly.“After all, the 2016 federal budget promised to ’launch consultations to give Canadians an opportunity to share their views on enhancing the Canada Pension Plan.’”

While an agreement in principle to increase CPP was reached in June, CFIB is actively lobbying provincial and federal politicians to ensure that public consultation and economic analysis take place before any deal is ratified.

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

I would describe the proposed increases to CPP contributions for employers and employees as modest and it will have limited impact on my business

21

9 Agree

70 Don’t Know

Disagree

15G COM

COMM_GLOSS_3516.indd 15

2016-08-23 1:46 PM

SPOTLIGHT SECTION PICKWICK COTTAGES

SAUBLE TRADING POST

tours.photolink.ca/428653

tours.photolink.ca/554595

BEACHFRONT COTTAGE RENTAL BUSINESS $625,000 21 1st Ave. S., Saugeen Reserve #29

FAMOUS SAUBLE BEACH LANDMARK! $399,900 13 22nd Street South, Saugeen Reserve #29

Profitable & well established cottage rental business located on the sandy shores of Lake Huron at Sauble Beach. 15 cottages, fully furnished & well equipped with appliances, newer mattresses & BBQ's. Many upgrades in recent years. Excellent rental income & stong repeat clientele!

Rare opportunity! Live and work at the bach all summer long at the 'Sauble Trading Post'!

Beach front 1400 sq ft main level with approx.

1150 sq. ft. retail space. 2nd level features a 3 bedroom apartment. Totally rebuilt in 2014. A beachfront penthouse with endless views of the beach and sunsets.

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.

16G COM

THE COMMERCIAL INVESTOR SPOTLIGHT

COMM_GLOSS_3516.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!

2016-08-23 1:46 PM

11301409_3516

“WE PRODUCE RESULTS”

Free CMA Evaluation with this cut out ad

LAND DEVELOPMENT / INVESTMENT / BUY & HOLD FUTURE

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

stakteam@gmail.com

905-333-3500

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

1019 WILSON ST ANCASTER

TURN KEY BUSINESS IN BURLINGTON

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

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

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

Opportunity for expansion on 6.13 acres. MLS #H3172917

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

3116_DJW_2_0048

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

$488,888

3116_DJW_2_0049

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

BUILDERS DELIGHT $65,777

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

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

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

MLS #H3169625 BUILDING LOT OPPORTUNITIES

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

8302229_1315

Residential rural building lots with all necessary amenities.

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

$398,888 $23.50/SQ FT

3116_DJW_1_0048

17G COM

COMM_GLOSS_3516.indd 17

2016-08-23 1:46 PM

COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_3516

Bill Bradley

Sales Representative

Independently Owned & Operated

Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866

416.258.6866 exitwithbill@gmail.com

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

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

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

$2,900,000 Call Bill Bradley for

Strip Plazas

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

Buyers Only

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

COMMERCIAL 18G COM

COMM_GLOSS_3516.indd 18

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

2016-08-23 1:46 PM

NO

Commercial Team In Canada! *

**

+ **

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

YONGE/STEELES -

0916_DJW_3_0071 RETAIL UNIT

MAIN/DANFORTH - MEDICAL

0916_DJW_3_0071 CENTRE LEASE SPACE

EXCELLENT MARKHAM

0916_DJW_3_0071 INVESTMENT

KENNEDY RD -

0916_DJW_3_0071 RETAIL/OFFICE SPACE

VE

SI

LU

C

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

First class medical centre at Main/Danforth Subway. Office space available for private practice or physician clinic environment, turnkey, work on % of gross billing! Bldg includes pharmacy; radiology, ultrasound, medical labs; & physiotherapist! Free Rent period. $8/Sq Ft Net. Call George 416-5547653.

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

Ravine property! Industrial area! $638,800.

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

3516_DJW_0026

3516_DJW_2_0118

3516_DJW_1_0091

3516_DJW_4_0060

RESTAURANT FOR SALE IN MAJOR PLAZA WITH AMPLE PARKING!

0916_DJW_3_0071

COMING SOON TO MARKHAM! VE

SI

LU

C

EX

Brand new townhouses in Markham's historical community of Armadale. Featuring 2-3 bdrs, 2 bath units, 1-2 car-garages, approx.

2,000 sq. ft.+++ Contact George Politis for details: 416-554-7653.

3516_DJW_2_0084

PLAZAS PLAZAS PLAZAS PRINCIPALS ONLY

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

GTA APARTMENT BUILDING

0916_DJW_3_0071

• • • • • •

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

ATTENTION INVESTORS! 21%+ ANNUAL RETURNS!

• $18 Million – Major Bank and National Tenants!

• Single Family & Condo Developments

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

• Projected Returns Exceed 21% per Year

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

• RRSP, TFSA, LIRA++ Eligible

3516_DJW_2_0018

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

• Call George Politis 416-554-7653

11276415_3516

EX

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

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

19G COM

COMM_GLOSS_3516.indd 19

2016-08-23 1:46 PM

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

• Construction • Development • Mezzanine

• Bridge Financing • Vacant Buildings • Renovations

Work with experience, integrity and a proven track record.

1.888.330.3866

www.profunds.ca

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

COMM_GLOSS_3516.indd 20

2016-08-23 1:46 PM