Commercial Investor - 10 Oct., 2015

Oct 10 - Nov 7, 2015, Volume 15 Issue 10

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

3 STOREY VACANT BUILDING - FOR SALE VALUE PRICED - WON’T LAST AT $2.49M ON BUSY HAMILTON MOUNTAIN

ORANGEVILLE 31-SUITE APARTMENT BUILDING $2,690,000 Well kept unique 4 storey, brick and stucco apartment building, with elevator. The building was previously a historic church built in 1891. It was completely gutted inside and renovated in 1986.

Features: 11 Bachelor, 17 – 1-bedroom and 3 – 2-bedroom suites; controlled entry; electric baseboard heating; one gas hot-water tank 2014, (owned); all bathrooms equipped with grab bars; new roof in September 2005; new carpet in all corridors October 2005. Excellent downtown location. Seldom a vacancy – currectly no vacancy.

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

Currently the building is set up as a school, with offices, classrooms, and medical and computer labs. Each floor is 4750 sqft. The building is in great condition with a new roof and operating elevator. Located on the Hamilton Mountain, along the busy Upper James St. corridor just North of the expressway. Lease rate is $13 per sqft. plus TMI or asking $2.49 million to purchase.

Nicholas Kazan, Broker | Nicolas Von Bredow, Broker Royal LePage Macro Realty, Brokerage Independently Owned and Operated

Tel: 905-574-3038

1-888-751-2229

FOR MARKETING BROCHURE CALL: Winston Davies, Broker of Record

WinCorp Realty Inc., Real Estate Brokerage, 45 Keats Crescent, Guelph, ON N1G 3B1 Tel: 519-836-2080 Fax: 519-836-2081 Email: wjmdavies@rogers.com

2115_DJW_0047

3715_DJW_0019

QEW EXPOSURE/CLEAR SPAN/GRIMSBY

R FO

LE SA

Fanshawe Park Rd. & Richmond St. (Coming January 2016)

Wellington Rd. & Commissioners Rd. (Coming June 2016)

William DeJong, Broker of Record

Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage 1155 North Service Road W, Suite7 Oakville, ON L6M 3E3

Tel: (289) 291-5068 Email: wdejong@cbci.ca 1715_DJW_0086

FREE SUBSCRIPTION!

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Great Hours of Operation 7:00 am - 3:00 pm

Other locations available across Ontario

2 GREAT LOCATIONS IN LONDON, ON 1-877-272-2952

CALL TODAY

development@obsidiangroupinc.com

FC_4115 (COM)

22,434 SQ.FT. Available For Sale.

Clear span building (no interior columns), 38’ High Ceiling.

Located seconds away from QEW with high profile neighbors.

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

2015-10-06 2:09 PM

HomeLife Bayview Realty Inc., Brokerage

Office: Cell: Fax: Email

Rita Mollicone, B.A.

Residential, Commercial and Investments Sales Representative

905-889-2200 416-508-2949 905-889-3322 ritamollicone@gmail.com

GAS STATION + FOOD COURT • Ideal investment located on one of the busiest Hwys in Ontario • All triple ‘A’ tenants • $13M

53 ACRES OAKVILLE SHOPPERS DRUG MART

DOWNTOWN TORONTO

• Solid carefree investment • Centrally located near Tunnel to U.S. • Detached renovated building - can support 2 additional floors • Long lease - $225,000/yr - $250,000/yr in 2016 • Parking • $3.395M 4115_DJW_1_0081

• Approx. 2300 sq.ft. commercial space on main floor • 3 - 2 bedroom apartments • 2 car garage and finished basement • Detached building, recently renovated, 10 ft ceiling • Close to Ryerson University and Hospitals • $1,698,000 4115_DJW_2_0038

LEASING OPPORTUNITY @ $9.95 SQ. FT. GROSS

GAS STATION IN CLARINGTON • 9,000 sq. ft. 2nd floor of Shoppers Drug Mart building

• High vehicular and pedestrian traffic & visibility • Downtown Windsor • Suitable for many uses

4115_DJW_1_0044

• Esso and Truck Stop on Hwy • 3.15 acre lot -- 80 km East of Don Valley Parkway • $$$ invested to expand Truck Stop -- 40% gas sales is Diesel • 3-yr old tanks, canopy and "On-the-Run" store with all new interior • Revenue keeps growing • 1.69M 4115_DJW_2_0063

Holly Illman, MBA Twin City Realty Inc. Brokerage

1 Grand River St., Paris ON Office 519-442-0005 205 KING GEORGE RD, BRANTFORD

10 ACRES OAKVILLE • Zoned Commercial • Corner Lot • Residential growth all around the area • $20M

HEAVY INDUSTRIAL BUILDING

• Separate entrance and elevator

• Parking

• Zoned Residential • Approximately 3 years for services • Excellent location -- close to major routes • $59M

Sales Representative

226-388-4083 holly@pinehavensolutions.com

Ja 5 ja

• Located in the Kitchener/Waterloo region -- 5 min. to 401 • 9000 sq.ft. solid all concrete 12 inc. block construction • 7000 sq.ft. workshop with 5-ton crane installed • Heavy grade steel roofing • M4 zoning many uses permitted • Outside storage allowed $2.8m -- Seller will hold mortgage

“Making Real Estate Work For You!”

Direct:

RESIDENTIAL DEVELOPMENT IN PARIS, ON

• • •

• • • •

D 5 d

61 MURRAY ST, BRANTFORD

• 125 acres 44 acres developable.

• Property surrounded by the Nith River on 3 sides.

• High visibility! Great commercial location just down the road from Wal-Mart.

• Walking distance to Downtown Paris

• Very high traffic area.

• 3747 square foot building

• Area study close to completion

• Currently set up as an eat-in/take-out pizza restaurant

• 263-296 unit development

• Sale Price $1,380,000

• Sale Price $10,500,000

• Lease Price $22.00 per sq ft

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4115_DJW_2_0084

12.5 ACRE BUSH LOT JUST OUTSIDE PARIS, ON

75 ACRE RESIDENTIAL DEVELOPMENT POTENTIAL NORTH END OF PARIS

• Brick Duplex. 2 large units • Severance pending • Upper unit $1000 inclusive, lower $750 inclusive.

• Asking $185,000 4115_DJW_1_0045

70 MILL ST, WOODSTOCK • Development Land • Zoned C4-19. Great location just off Dundas St.

E SAL NG DI PEN Come build your dream home. Sale Price: $299,900 4115_DJW_0043

Call for details.

4115_DJW_0044

• Zoning change to multi-residential in process.

• 1/3 acre • Sale Price $100,000

4115_DJW_2_0087

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• • • •

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SOUTHWESTERN ONTARIO INVESTMENT TEAM

SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities 104-Bed Student Rental Towns Waterloo, ON

Commercial Development Land Simcoe, ON

• 104 Beds, 100% occupied • Significantly renovated • Asking $7,450,000 ($71,635/bed)

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

James Craig* 519 340 2330 james.craig2@cbre.com

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

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

Harbour Lights Marina Bayfield, ON

• • • •

21.80 Acres 247 Slips in total Annual income of $226,800 Asking $5,600,000

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

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

User/Investor Opportunity Kitchener, ON

• 7,800 sq. ft. building on busy Victoria Street • Prime retail artery • Asking $1,595,000

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

Future Development Land Cambridge, ON

Commercial Development Land

• • • •

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

• • • •

44 Acres Near future East Boundary Road Currently under municipal planning study Asking $3,900,000

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

Vacant Land - Tecumseh Road East Windsor, ON

• • • •

± 3.80 Acres located on Tecumseh Road East Zoning permits wide spectrum of uses Daily traffic count over 20,600 vehicles Asking $1,499,000

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

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

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

11284449_4115

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

State-Of-The-Art Facility Chatham, ON

• • • •

Oil Change & Car Wash totaling 4,908 sq. ft. ± 1.8 Acres, future development possibilities Well constructed facility in like-new condition Reduced Price $2,790,000 $2,450,000

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

Uptown Waterloo Redevelopment Opportunity

Waterloo, ON

• 1.05 acres in Uptown Waterloo • Potential yield of 197 units, 70,977 sq. ft. commercial space • Asking $5,250,000

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

* Sales Representative ** Broker

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

www.cbre.ca

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

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COMMERCIAL OPPORTUNITIES COMMERCIAL OPPORTUNITIES COMMERCIAL OPPORTUNITIES COMMERCIAL OPPORTUNITIES

(519)438-5588 438-5588 (519) (519) 438-5588 (519) 438-5588

FOR SALE COMMERCIAL OPPORTUNITIESFOR SALE

FOR SALE / LEASE FOR SALE / LEASE FOR SALE / LEASE

FOR SALE

(519) 438-5588

FOR SALE

FOR LEASE

FOR LEASE

EXCLUSIVE LISTING EXCLUSIVE LISTING

521 Burbrook Place 1025 Elias Street 1020 Princess Street CARLING HEIGHTS REDEVELOPMENT 521 Burbrook PlaceOPPORTUNITY 1025 Elias Street 1020 Princess Street 62 Sterling Street London, ON 521 Burbrook Place 1025 Elias Street 1020 Princess Street 1528 Highbury Avenue North London, ON Sale Price $475,000 Sale Price $795,000 $395,000 Sale Price

FREE STANDING BUILDINGLISTING EXCLUSIVE

Lease6,000 Rate square $3.95 per feetsq.ft. Net

Total -$3.95 11,200 Space Site Area - 0.43 Acres Lease Rate persq.ft. sq.ft. Net

Total Space - 11,200 sq.ft.

FOR Zoned RSC 1, 3, 4 and HST 2, 3 LEASE Mezzanine - 1,750 Total SpaceOffices - 11,200 sq.ft. sq.ft.

Daily Traffic of 24,500 Mezzanine OfficesCount - 1,750 sq.ft. vehicle per day

Mezzanine Offices - 1,750 sq.ft.

Lease Rate $3.50 per sq.ft. Net Lease Rate $3.50 per sq.ft. Net routes, shopping and area schools. Each home has been Industrial Space 15,481 Total Space - 11,642 Lease Rate $3.50- per sq.ft.sq.ft.

Net Lease Rate $3.50 per sq.ft. Net and comes equipped with all- appliances, including Industrial Space - 15,481 renovated sq.ft.

Total Space 11,642 sq.ft.

FOR SALE separate laundry and kitchens.

Don’t miss this Office Space - 5,119 sq.ft.sq.ft.

Industrial Space - 15,481 Total Space - 11,642 spectacular sq.ft.

Office Space - 5,119 sq.ft.investment or owner occupy opportunity.

HEIGHTS Office Space - 5,119 sq.ft. CARLING Jameson Lake Andrew Johnson REDEVELOPMENT OPPORTUNITY Contact listing agents Sales Representative

Andrew Johnson Sales Representative

Extension #230

FOR SALE

Jameson Lake

Sales Representative

$20.00 psf Net

FOR FOR SALE SALE FOR SALE

tenants 100% Leased two (2) long term corporate lease Zoned ASA 3,with 6, 8(3) tenants Zoned ASA 3, 6, 8(3)

Poore Contact listing agent for further Financial information FREE STANDING BUILDING Kenn Contact listing Zoned ASA 3, 6,agent 8(3) for further Financial information Broker 21 Ube Drive - Sarnia, ON David Jongerden Extension #244

Contact Agent

$219,900.00

Zoned RSC 1, 3, 4 and HST 2, 3 Daily Traffic Count of 24,500 vehicle per day

$3,500,000.00 $3,500,000.00 $3,500,000.00

Property is being offered as 5 separate Kenn Poorethat will not be sold separately parcels

Broker

3

2

1

Sales Contact listing agent for further Financial information Representative David Jongerden

Sales Representative Extension #242 feet Up to 350,000 square David Jongerden Extension #242 Sales Representative PROPERTIES 5 NEIGHBOURING Near busy U.S. border crossing Extension #242 St.High ceiling /ON overhead cranes Thomas, Attractive lease rates Multi-unit Residential and Commercial

$219,900.00

Extension #240

Excellent location on Hwy 59, just south of Woodstock and minutes from Highway 401 & 403. This 3 acre property features a beautiful 5 bedroom home and two large immaculately kept out buildings sitting on a flat and cleared stone/gravel lot. The MR-2 zoning could suit a variety of Excellent location on large Hwy 59, just south of Woodstock and minutes Highway 401 &stone/gravel 403. This 3 acre property a beautiful bed- of room home and two immaculately kept out buildings sitting onfrom a flat and cleared lot. The MR-2 features zoning could suit a 5variety FOR SALE retail, service, manufacturing and warehousing uses. The first building is 3,400 sq.ft. and features a heated shop, reception & showroom, 3 on the 2 zoning 1 cleared room andmanufacturing two large immaculately kept out uses. buildings on a flat and stone/gravel The MR-2 could suit a variety retail,home service, and warehousing The sitting first building is 3,400 sq.ft. and features alot. heated shop, reception & showroom, onofthe upper level there is 1,361 sq.ft. of office space which includes a boardroom and storage. The second building features a 4,200 sq.ft. insulatretail, manufacturing andofwarehousing first building is 3,400 and features a heated shop, reception & showroom, on the upperservice, level there is 1,361 sq.ft. office space uses. whichThe includes a boardroom andsq.ft. storage.

The second building features a 4,200 sq.ft. insulat5 4features ed shoplevel withthere 3 bayisdoors.

The entire property comes includes completely fenced withand security cameras.

This well cared for property with ample parking upper 1,361 office space which a boardroom storage.

The second building a 4,200 sq.ft. insulated shop with 3 bay doors.sq.ft.

The of entire property comes completely fenced with security cameras.

This well cared for property with ample parking and lots ofwith room for doors. large equipment outside storage could be the perfect spot forcameras. your thriving ed 3 bay entire and property comes completely fenced with security This business well cared for property with ample parking andshop lots of room for large The equipment and outside storage could be the perfect spot for your thriving business and lots of room for large equipment and outside storage could be the perfect spot for your thriving business David Jongerden Jameson Lake David Jongerden Jameson Lake Sales Representative Sales Representative Sales Representative Sales Representative David Jongerden Jameson #240 Lake Extension Extension #242 Extension #240 Extension #242 Sales Representative Sales Representative Extension #240 Extension #242

$850,000.00 $850,000.00 $850,000.00

5

4 FOR SALE

INVESTMENT OPPORTUNITY

INDUSTRIAL / WAREHOUSE 16-24 Laing Boulevard - St. Thomas, ON

Approximately 31,976 square feet available

SIX AVAILABLE Multi-tenant property SIXFARMS FARMS AVAILABLE FOR SALE Sarnia, SIX FARMS ON Zoned LI 2AVAILABLE and LI 7 - Ligh Industrial Sarnia, ON

cility, commmercial plaza with fully equipped 5 NEIGHBOURING laundry mat, side split PROPERTIES duplex and 2-family

FOR LEASE LEASE FOR FOR LEASE Multi-unit Commercial All ajoiningResidential propertiesand - tenanted with a

vacancy allowance PRIME BUSINESS Property is being offered asLOCATION 5 separate PRIME BUSINESS LOCATION parcels that will notRoad be sold separately 120 Wellington - London, ON

PRIME BUSINESS LOCATION David Jongerden 120 Wellington Road - London, ON Sales Representtive Bright and Open 1,050 with square foot Retail Space 120 Consisting ofOpen an Road 8-plex self faWellington London, ON Space Extension #242 Bright and 1,050 -square footstorage Retail Ideally situated on plaza Wellington Road commmercial withfoot fully equipped cility, Open on 1,050 square Retail Space Bright Ideallyand situated Wellington Road

laundry mat, side split duplex and 2-family N. Ample Parking Philip Cassis Ideally situated Ample Parkingon Wellington Road

residential homes Zoned CC2 and DC - allowing a number of different

Broker

$995,000.00

Ample Parking Extension #231 Zoned CC2 and DC - allowing a number of different retail, office or day uses All Zoned ajoining properties - tenanted withofadifferent and DC care -care allowing retail, CC2 office or day uses a number

vacancy allowance retail, office or day care uses Jameson Lake Jameson Lake Sales Representative

$1,200 // Month Month $1,200 $1,200 / Month

Sales Representative

David Jongerden Jameson Lake Extension #240

Extension #240 Sales Representtive Sales Representative Extension #242 Extension #240 Philip N. Cassis Broker

$995,000.00

Extension #231

FOR SALE

1064 Hargrieve Road - London, ON

FOR SALE FOR SALE Site Area - approximately 2.04 acres FOR SALE

Contact Agent

Extension #244 Consisting of an 8-plex with self storage faSt. residential Thomas, ON homes

593762 Highway 59 - Holbrook, ON EXCELLENT LOCATION 593762 Highway 59 - Holbrook, ON EXCELLENT LOCATION 593762 Highway 59This - Holbrook, ON features a beautiful 5 bedEXCELLENT LOCATION Excellent location on Hwy 59, just south of Woodstock and minutes from Highway 401 & 403.

3 acre property

FOR SALE

20,700 sq.ft. Free Standing Building

1380 Fanshawe Pk. Rd. - Building London, ON Near busy U.S. border crossing 20,700 sq.ft.

Free Standing 2 Acre Site High /Site overhead cranes Building 2ceiling Acresq.ft.

20,700 Free Standing 100% Leased with two (2) long term corporate lease Attractive rateswith two (2) long term corporate lease Leased 2100% Acrelease Site

FORtenants LEASE

Contact agents 62 Sterling#240 Street - for London, ONlisting Extension further details Contact listing agents further 3-bdrm, 3 bath home plusfor approx.

830 sq.ft. details 2-bdrm, 1 bath for further details guest house in Carling Heights, just footsteps from major bus routes, shopping and area schools. Each home has been renovated and comes equipped with all appliances, including separate laundry and kitchens. Don’t miss this spectacular investment or owner occupy opportunity.

Sales Representative

1528 Highbury North - London, Tyler Desjardine Gary Pollock psfON Net Extension #230 Avenue $20.00 Broker Tyler Desjardine Gary Pollock Extension #232 is willing to BUILD-TO-SUIT Gary Extension #222 Landlord toBroker a maximum of Tyler Desjardine Pollock Extension #232 Extension #222 Broker 6,000 square feet Extension #232 Extension #222 Site Area - 0.43 Acres

RETAIL INVESTMENT PROPERTY RETAIL INVESTMENT PROPERTY 1380 Fanshawe Pk. Rd. - London, ON RETAIL INVESTMENT PROPERTY 1380 Fanshawe Pk. Rd. - London, ON Up to 350,000 square feet

21 Ube Drive - Sarnia, ON

Sale Price $475,000 Sale Price $795,000 Sale 3-bdrm, 3 bath home plus approx.Price 830 sq.ft.$395,000 2-bdrm, 1 bath Rate Landlord is willing to BUILD-TO-SUIT to aLease maximum of $3.50 per sq.ft. Net Lease $3.95 per sq.ft.

Net Rate Leasejust Rate $3.50 per Sale Price $475,000 Price $795,000 Sale Price $395,000 Heights, Sale guest house in Carling footsteps fromsq.ft. majorNet bus

INCOME INVESTMENT

FOR LEASE LEASE FOR FOR LEASE

FOR FOR SALE SALE FOR SALE Building Size is 32,000 square feet

3.1 acre lot with 38,000 sq.ft. building

INDUSTRIAL 5 Grade doors, 2 dock/doors plus 2 exterior docks WAREHOUSE

REDEVELOPMENT OPPORTUNITY Prime Northwest London location REDEVELOPMENT OPPORTUNITY

Approximately 3 acres

INDUSTRIAL / WAREHOUSE FOR SALE/ WAREHOUSE INDUSTRIAL 17 17 Anderson Anderson Avenue Avenue -- St. St. Thomas, Thomas, ON ON

Broker - St. Thomas, Ext #231 Philip N. Cassis, ON available for sale in the Sarnia area 17 Avenue ON Sarnia, Anderson Total Six Sixfarms farmsare are available for sale in the Sarnia area Total Space Space -- 5,560 5,560 square square feet feet Andrew Johnson / WAREHOUSE Tyler Desjardine INDUSTRIAL INVESTMENT Six farms are available for OPPORTUNITY sale in acres the Sarnia area Total Space - 5,560 square feet Industrial Space 4,903 sq.ft.

Sales Representative Salesfrom Representative Ranging 32 acres up to 600

Industrial Space 4,903 sq.ft.

Ranging from 32 acres up to 600 acres 1064 Hargrieve Road - $2,900,000.00 London, ON Extension #230 16-24 Laing Boulevard St.$950,000.00 Thomas, ON Extension Industrial Space - 4,903 -sq.ft.

Ranging from 32#232 acres up to 600 acres Priced Office Office Space Space -- 657 657 sq.ft. sq.ft.

Pricedfrom from$11,000 $11,000/ /acres acres Andrew Johnson Approximately 3 acres Andrew Johnson Site Area - approximately 2.04 acres Sales Office Space - 6570.456 sq.ft. acres Site Area approx.

Sales Representative Representative

Priced from $11,000 / acres

Site Area approx.

0.456 acres DTZ Contact Kenn details properties Johnson Building Size is 32,000 square feet Andrew Contact Kennfor foradditional additional detailson onthese these properties Sarnia Ltd., Barnicke London Windsor Extension #230 Approximately 31,976 square feet available Sales Representative Extension #230

Site Area approx.

0.456 acres Warehouse - radiant heating Contact Kenn for additional details on these properties Warehouse heating Grade doors,-2radiant dock doors plus 2 exterior docks #230 Extension Multi-tenant property Real Estate Brokerage, Independently Owned &5Warehouse Operated - radiant heating Philip Cassis Kenn Philip Cassis KennPoore Poore Broker Broker Broker Broker Zoned LI 2 and LI 7 - Ligh Industrial Philip Cassis Kenn Poore Extension #231 Extension Broker Extension Broker Extension#224 #224 Ext #231#231 Philip N. Cassis, Broker Extension #231 Extension #224

Blue Heron Drive - London, ON 25,000 sq.ft. leased long term

FOR SALE 1528 Highbury Avenue North - London, ON REDEVELOPMENT OPPORTUNITY

1528 Highbury 8 CAP of existing incomeAvenue North - London, ON 1528 Highbury Avenue North - London, ON BUILD TO TO SUIT SUIT toto aamaximum maximumofof6,000 6,000sq. sq.feet feet BUILD

David Jongerden

INCOME INVESTMENT

SpaceTO available 2,000 4,000 6,000 Sales Representative BUILD SUIT to2,000 a maximum of 6,000 sq. feet Space available sfsf//4,000 sfsf//6,000 sfsf

$2,400,000.00

Extension #242 Zoned RSC- 1, 1, 3, 3, 44 &&HST Blue Heron Drive London, ON available 2,000 sfHST / 4,000 Space Zoned RSC 2,2,33 sf / 6,000 sf

Great exposure RSC 1, 3,sq.ft.

4 & HST 2, 3 Zoned Great exposure 3.1 acre lot with 38,000 building Located among established Great exposure Located among 25,000 sq.ft. leased long established term neighborouods neighborouods Located among established Prime Northwest London location neighborouods

AndrewJohnson Johnson Andrew SalesRepresentative Representative Sales Andrew Johnson

www.dtzlondon.com

contact $260,000.00 contact agent agent $260,000.00 contact agent $260,000.00 Andrew Johnson DTZ Windsor $2,900,000.00 Extension #230 DTZBarnicke Barnicke London Windsor Sarnia Sarnia Ltd., Ltd., Extension #232London DTZ Barnicke London Windsor Sarnia Ltd.,Operated Real RealEstate Estate Brokerage, Brokerage, Independently Independently Owned Owned & & Operated DTZ Barnicke LondonIndependently Windsor Sarnia Ltd., Owned & Operated Real Estate Brokerage, Tyler Desjardine

Sales Representative

Sales Representative

Real Estate Brokerage, Independently Owned & Operated

8 CAP of existing income

psf Net Net $20.00 psf $20.00 psf Net

David Jongerden

Extension #230 Sales Representative Extension #230

Extension #230 BrentRudell Rudell Brent Brokerof ofRecord Record Broker Brent Rudell Extension #236 Broker of Record Extension #236 Extension #236

$2,400,000.00 www.dtzlondon.com www.dtzlondon.com www.dtzlondon.com

$950,000.00

Sales Representative

Extension #242

www.dtzlondon.com

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ORILLIA ITH N YW BU DOW 15%

GRAND VALLEY CA 6.7% PR AT

E

• Asking $2,499,000 • Asking $89,250 per Suite • Two Apartment Buildings With a Total of 28 Units • Buildings are Located in the Downtown Core, Less Than 1km Apart • Buildings May Require Additional TLC • Ample Parking at Both Properties • Potential to Add Two Additional Units

• 1 x Bachelor 11 x One Bedrooms 13 x Two Bedrooms 1 x Commercial (Total 3 units) • 6.7% CAP Rate • 24.6% R.O.I. • Ex. 1st CMHC Blanket Mtg for Approx.$1,040,349 @ 4.35% P & I to be Assumed by Buyer • Seller will Consider VTB 2nd Mtg for the Balance with At Least 15% Down

AR LE NE EVIL G AN

OR

• Asking $2,390,000 • Asking $99,583 per Suite • Nicely Landscaped with Private Driveway & Large Common Parking Lot • Some Units Have Upgraded Flooring, Kitchen Cabinets & Washrooms • Electric Heating System with Tenants Paying Their Own Hydro • Good size Units with Private Balconies

28 SUITES

• Asking $2,150,000 • Asking $358,333 per Suite • Located in Downtown Aurora • Property Fronts Onto Yonge St. • High Efficiency Boilers Installed Approx. 5 Years Ago • Tenants Pay Their Own Hydro

• 1 x One Bedrooms

• Grand Valley is About a 10 Minute Drive West of Orangeville • 6.5% CAP Rate • 14.4% R.O.I. • Existing First Mortgage to be Assumed Due December 2022 Bearing

• Asking $1,189,000 • Tidy 12 Plex with On-Site Superintendant • Located in a Quiet Residential Neighbourhood • Electric Baseboard Heating System

3 x Commercial Units

• Approx. 85% of all Units

• 4.9% CAP Rate

Have Updated Electrical &

• 13.5% R.O.I

Plumbing

• Treat as Clear • Seller will Hold VTB Second Mortgage to Qualified Buyer for More Information

• Most Kitchens & Bath rooms Updated • Professionally Managed &

Paved Parking Area

• Tenants Pay Their Own

9 x Two Bedrooms • Brick Balconies • Lots of Useable Vacant Space in the Lower Level • 6.1% CAP Rate • Treat Financing as Clear

21 SUITES

Shopping, Schools and • 25.7% R.O.I • Treat Financing as Clear

GRIMSBY

9 x One Bedrooms

Hydro

Units • Located in Proximity to

12 SUITES

• 29.3% R.O.I

Landscaped

1 x Three Bedrooms

Park

• Nice Size Lot 133 Feet x 137 Feet with Ample

• 3 x Bachelor

• Asking $80,905 per Suite

2 x One Bedrooms 9 x Two Bedrooms

• Good Size Apartment

Interest at 3.37% per

E SID UP TURN ON

• Asking $1,699,000

•

• Asking $90,083 per Suite

Annum

P RE RIC DU E CE D!

5 x Two Bedrooms

6 SUITES + 3 Comm.

m m m

16 x Two Bedrooms

TR E CL AT A EA S R

7% 25. .I. R.O

HAMILTON LA LO RGE TS IZE

• Contact Dani Pizzoferrato

• Potential Upside on Rents

• 8 x One Bedrooms

BELLEVILLE

24 SUITES

AURORA T EN LL CE ION EX CAT LO

2 4 - 4 UN 6 P ITS LE XE S

O ND CO TUS A ST

• Asking $1,275,000

RE S MT IDE G O NTI PT AL ION

• 7 x Three Bedrooms

• Asking $182,143 per Suite • Parking Lot at Rear of • Attractive Townhomes in Buildings Area of Newly Developed Homes • Brick Construction Which Includes Decorative

• Currently Fully Rented • Verandah for Each House • 5.0% CAP Rate

Corner Brick & Concrete

• 12.1% R.O.I

Foundations

• Treat Financing as Clear

• Each Townhome with Full

• Please Speak with Listing

Basement, A/C, Furnace &

Agent About Mortgage

Hot Water Tank

Options

7 CONDO TOWNS

8172756_4115

5G

COM

COMM_GLOSS_4115.indd 5

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SOUTHWESTERN ONTARIO INVESTMENT TEAM

RECENTLY SOLD PROPERTIES Apartment Building 5 Rittenhouse Rd, Kitchener, ON

R&D Facility With Excess Lands 25 Reuter Dr, Cambridge, ON

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

LD

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

SO

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

LD

SO

LD

SO

• 105 Units • Sale Price: $22,750,000 • Close Date: March 31, 2015

Commercial Development Land 497-501 Wellington Rd, London, ON

• 248,820 sq. ft. | 41.25 Acre land parcel • Sale Price: $18,750,000

• 0.65 Acres • Sale Price: $760,000 ($1,169,000/acre) • Close Date: July 29, 2015

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

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

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

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

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

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

v

11277220_4415

* Sales Representative ** Broker

www.cbre.ca

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

247 CENTENNIAL PARKWAY N., HAMILTON

QEW & CENTENNIAL PARKWAY 45 GODERICH

OFFICE SPACE

COMMERCIAL/RETAIL/ OFFICE SPACE

OFFICE SPACE

Close to The Court House, City Hall and McMaster, Available Immediately Downtown office space from 107 sq. ft - 1548 sq. ft.

From $200/month + HST

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

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

Available Immediately 4223 sq. ft.

From $5300/month Plenty of parking and signage.

Easy access to QEW

8 MAIN ST. E., HAMILTON

1715_DJW_2_0029

1715_DJW_1_0028

1715_DJW_1_7007

905-777-0252 ext 304 E-mail:

info@desantis.com

www.desantis.com

8148088_4115

Tony DeSantis

6G

COM

COMM_GLOSS_4115.indd 6

2015-10-06 2:09 PM

$3.975M

• 5 acres of C-6 zoned land across from Conestoga College • Zoning allows many commercial, retail, restaurant, office and accomadation uses • Highway exposure • Located within seconds of Highway 401 • Call Duncan McLean

87 WEBSTER ST, NEW HAMBURG

$995,000

181 FREDERICK ST, KITCHENER

4115_DJW_1_0015

• Warehouse, storage & office space • Potential for multi-tenant • Easy access to Highway 7/8 • Ample drive-up parking

• Land & Building only • Call Ryan Briggs

$649,900

810 FREDERICK ST, KITCHENER

• Includes a 1 Bedroom accessory apartment, 3,000sf detached workshop, all individually metered.

• MLS. Call Ryan Briggs

• Development site • Centrally located close to all amenities & the expressway.

• Corner lot 0.44 of an acre • R-6 zoning allows for multi-

residential.

• Existing home is currently occupied.

• Call Linda Cybalski 519-502-8264

1165 FRANKLIN ST. CAMBRIDGE

$11.95/SF

4115_DJW_0029

$12.00/SF

4115_DJW_0030

300 SHEPPARD AVE. CAMBRIDGE

• Freestanding building with drive through • Plenty of onsite parking • C-2 zoning allows many retail and office uses

• CAM $4.4.80/sq.ft.

• Great location close to Highway 401 • Call Chris McFarlane

• 4,800 or 3,000 sq ft • High profile building • Close to transit &

$12.95/SF

FOR LEASE

• 0.96 acre Pad Site close to Highway 6 • $16/sf + $8.50/sf CAM for existing building • Potential for redevelopment • Zoned SC-1, ideal for restaurant or bank • Call Duncan McLean or Ryan Briggs

55 DELHI ST, GUELPH

• 1910 Georgian Revival architecture, completely renovated with elevator • Located directly beside Guelph General Hospital

• CAM $5.27 s/f • Call Chris McFarlane

51 WOODLAWN RD W, GUELPH

$11.95/SF

4115_DJW_1_0058

4115_DJW_0032

107 YOUNG ST, KITCHENER

735 WOOLWICH ST, GUELPH

Lease from $9/SF

4115_DJW_2_0053

• Charming Century Home situated on 2.73 acres of land 5 minutes South of the Town of Fergus and 10 Minutes from Guelph.

• Century Home currently converted to office • Prime location in Downtown Kitchener • Double garage plus an additional 10 parking spaces in the rear • Finished basement with separate access • Call Ryan Briggs

$495,000

4115_DJW_0031

4115_DJW_1_0156

8372 SIDEROAD 30, FERGUS

• 3 overhead doors • 0.357 acre vacant light industrial land included • Call Duncan McLean • Or lease for $6.50/sf. + CAM

4115_DJW_1_0057

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

• On bus route • 12,000 s.f. + basement • 25 spaces parking • Call Duncan McLean

FREDERICK MALL, KITCHENER • Retail units and Pad Site available • On Bus Route and Highway 7/85 • Great neighbourhood mall with 22,718 AADT (2013) Join Valumart, CIBC, Dollarama and many more • Call Duncan McLean

#104-460 FREDERICK ST, KITCHENER • Live and work in a gracious home in Downtown Kitchener • Close to transit, shopping & entertainment • 1,400 sq. ft. professional office on main floor - 600 sq. ft.

apartment on upper level • CR-3 zoning allows for many medical, personal and office users.

• Call Ryan Briggs

KITCHENER, ONTARIO

519.578.0337

CELL:

$849,900

4115_DJW_3_0032

$995,000

4115_DJW_2_0029

159 ERB ST W, WATERLOO

• Four properties on 0.58 of an acre.

• Zoned MR-6. Architectural concept drawings for a 6 storey, • 30 Unit condominium building with 1 level of underground parking.

• Call Ryan Briggs

• 1,114 sq ft units with Drive-In door • Great exposure close to Walmart, Home Depot, Canadian Tire, etc.

• $11.95/sf rent plus CAM $$6.95/sf • Call Ryan Briggs or Duncan McLean

$15.00/SF

• 680 sf of bright, clean professional office space • Located at the interchange to Highway 85/7 • Plenty of parking including drive up • Zoning allows for many office, health, personal uses • CAM $9.80/sf • Call Duncan McLean

RYAN BRIGGS

DUNCAN MCLEAN

CHRIS McFARLANE

PAUL GOULET

Sales Representative

Sales Representative

Sales Representative

Sales Representative

519.498.5775

Ryan@cmarealty.ca

CELL:

519.590.7997

Duncan@cmarealty.ca

CELL:

519.588.6683

Chris@cmarealty.ca

CELL:

11280798_4115

• HD sprinkler system for Class IV commodities • 50 Harwill Road • Call Paul Goulet

$1.8M

146-154 ERB ST W, WATERLOO

4115_DJW_1_0034

4115_DJW_3_0009

• 88,000 square feet • 20 foot clear height • 40 x 40 column bays • 8 insulated dock leveller doors

v

49 CONESTOGA COLLEGE BLVD, KITCHENER

4115_DJW_1_6666

$4M

INDUSTRIAL, ST THOMAS

519.878.0223

p.goulet@bellnet.ca 7G

COM

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SOUTHWESTERN ONTARIO INVESTMENT TEAM

SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities High Profile Retail & Office Building London, ON

• • • •

28,832 sq. ft. total | 6,827 sq. ft. available Taxes: $134,330 NOI: $577,000 Asking $9,500,000

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

Industrial Investment Opportunity Brantford, ON

• • • •

86,106 sq. ft. on 8.04 acres Fully leased to a single tenant Excess land for expansion or outside storage Asking $2,950,000

20,031 sq. ft. on 2.1 acres Care free Net Lease Lease expires September 2023 Asking $4,675,000 (7.5% cap)

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

• • • •

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

Timmins, ON

• • • •

Income Generating Retail Plaza London, ON

101,321 sq. ft. plaza & free standing building Pad site with room for additional 15,000 sq. ft.

Centre of automotive & furniture retail district Asking $15,600,000

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

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

Freestanding Best Buy

11276500_4115

High Profile 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** Will Hunter* 519 340 2314 519 340 2307 dietmar.sommerfeld@cbre.com will.hunter@cbre.com

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

Future Development Land Cambridge, ON

Commercial Development Land London, ON

24,219 sq. ft. on 2 acres Zoned M-4 Multi-Tenant potential Asking $2,499,900

Retail-Office-Residential Investment London, ON

UNDER CONTRACT • • • •

20.3 Acres Excellent ‘shovel-ready’ commercial arterial site Zoned Restricted Service Commercial RSC 1-6 Asking $10,150,000

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

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

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

• • • •

123 Acres Currently zoned agricultural land Within City of Cambridge municipal boundary Asking $4,500,000

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

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

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

• 15,915 sq. ft. on 0.45 acres • Located in west London on prime artery • Reduced Price $2,100,000

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

* Sales Representative ** Broker

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

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

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11300531_3715

.

$5,200,000 - 53 Units

Across from Gage Park, on the future LRT Line, close to the new stadium!

$549,900 - 4 UNITS

Full of character! Near City Hall, Hamilton Go & Hospitals.

$295,000 - 4 UNITS

Well maintained 3 residential units, 1 commercial unit investment.

$949,900 - 6 UNITS

$675,00 - 6 UNITS

On James St N, home of SuperCrawl, Corner lot with great curb appeal and Art Crawl, and the arts district. plenty of parking. Close to amenities

$1,999,999 - 10 UNITS Near the trendy Locke St S shopping district, and on a main artery

$1,140,000 - 13 UNITS

Near the stadium, Gage Park, and 2 main transit lines.

$600,000 - 6 UNITS

Close to the Ottawa St Craft district Turn key investment!

$1,300,000 - 9 UNITS

Downtown between the hospital and the Hamilton GO Station.

a

n�) the ket ghts

COMM_GLOSS_4115.indd 9

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10126377_4115

10G COM

COMM_GLOSS_4115.indd 10

2015-10-06 2:09 PM

Volume 15 Issue 10

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

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19

Greater Toronto Area

32

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46

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50

Niagara

55

Haliburton Business Opportunities

61

Manotick Carleton Place Mountain Merrickville Perth Morrisb

Toronto

Hamilton

Ancaster

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Next issue:

November 07, 2015

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Advertising deadline:

October 27, 2015

For advertising information call

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

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4

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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 2015 Copyright 2015 Yellow Pages Homes Limited.

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

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Please say you saw it in The Commercial Investor

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2

Commercial Real Estate & Business Opportunities

Volume 15 Issue 10

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Special Features 08 IN THE NEWS — Green office buildings deliver higher income and value

p. 34

12 BUSINESS SAVVY — Knowledge-based industries transforming the workplace, says Colliers International Insights Report 14 LEGALLY SPEAKING — Are assets or shares your best bet?

by Jayson Schwarz & Konstantine Chaztidimos 31 BUSINESS BAROMETER – Small business confidence continues downward trend in September 34 INVESTOR ADVICE — Federal election: Small business owners will take substance over style 36 TREB REPORT — GTA Realtors report commercial market figures 48 IN THE NEWS — Investor interest remains high despite lack of available product and global economic volatility 52 IN THE NEWS — Shift in Canadian real estate market is creating new opportunities for investors, says New PwC Canada and Urban Land Institute Report

p. 36 Please say you saw it in The Commercial Investor

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Volume 15 Issue 10

3

Commercial Real Estate & Business Opportunities

OPPORTUNITY IS KNOCKING Don’t miss any opportunities!

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COM_4115.indd 3

2015-10-09 7:30 PM

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

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COM_4115.indd 4

2015-10-09 7:30 PM

Volume 15 Issue 10

5 Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

www.teammilovick.com

519-745-7000

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

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

mike@teammilovick.com

fax: 519-489-1333

www.TeamMilovick.com

Invest in Ontario’s Number 1 Town Today!

11298911_4115

Grand Valley Realty

BROKERAGE INDEPENDENTLY OWNED AND OPERATED

Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 60 MARSHALL STREET, WATERLOO

345 SPRUCE STREET, WATERLOO

• $117,000 Annual Gross Income • 4 Plex Apartment Building • 20 students • Fully rented • MLS®

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

2,480,000

$

310 KING STREET NORTH, WATERLOO

899,900

$

32 HICKORY STREET WEST, WATERLOO

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

$

3715_DJW_1_0094

675,000

465 HAZEL STREET, WATERLOO

516,000

• $56,000+ Potential Gross Income • 10 Students • Side-by-Side Semis • C9-6 Zoning • Uptown Waterloo • Oversized Lot • MLS®

649,900

$

3715_DJW_1_0096

• $42,000 + Potential Gross Income • 5+3 bedroom • Fully leased • $13,000+ Cash Flow after Debt Service • MLS® • Newer furnace, flooring, paint, shed • MLS®

489,900

$

3715_DJW_0031

3715_DJW_0010

158 ERB STREET WEST, WATERLOO

• 5+1 Bedroom Property • Rental Licensed, City Approved • MR4 Zoning • Close to two future LRT stations • MLS®

• $42,900 Gross Scheduled Income • Five+Three Bedroom, Rental Licensed • Fully Rented for September, 2015 • Easy Walk to WLU/ UW • MLS® $

399,900

$ 3715_DJW_1_0054

17-12 BRIDGEPORT ROAD EAST, WATERLOO

317,900 • 100% Student Complex • 5 Bedroom Rental License 3715_DJW_1_0101 • MLS®

3715_DJW_1_0099

135 LONGWOOD CRESCENT, WATERLOO

399,900

$

• $37,800 Gross Annual Income • Update: roof, windows, door • 3+3 Rental bedrooms+Den • Registered Accessory Apartment • MLS®

107-85 DUKE STREET - $249,900

$

249,900

$

3715_DJW_1_0005

40 CARDILL CRESCENT, WATERLOO

$

• $42,000+ Gross Annual Income • 4+4 Bedroom, Two Unit Building

130 ERB STREET WEST, WATERLOO

• $32,000+ Scheduled Gross!

• Spacious Unit • Authentic Loft

• $61,200 Gross Annual Income • $12,000+ Annual Cash Flow with Just 20% Down • Rental Licensed, Ten Bedroom (5+5) Duplex • Steps to Wilfrid Laurier University • MLS®

499,900

$

3715_DJW_0007

84-86 REGINA STREET NORTH, WATERLOO

67 CARDILL CRESCENT, WATERLOO

• $48,000+ Annual Gross • Spacious bedrooms, two Income Available! car garage for landlord • 9 student city-approved, or tenant storage. rental licensed property • MLS® 3715_DJW_3_0004

422,300

1,450,000

$ 3715_DJW_0006

• Desirable City Centre Condo Opportunity • Nearly $17,000 projected annual Income • Specific, Off Market Investor Incentive Package • Walk Score of 96 Walker's Paradise • Exclusive 3715_DJW_0008

3715_DJW_0030

2-451 ALBERT, WATERLOO • $18,700 projected annual income • Turn Key - 5 bedroom rental license • 100 percent rental complex • Close to UW, Direct bus to WLU • MLS®

SOLD 239,900

$

3715_DJW_0009

Please say you saw it in The Commercial Investor

COM_4115.indd 5

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6

Commercial Real Estate & Business Opportunities

Volume 15 Issue 10

Kitchener/Waterloo Guelph & Cambridge

COLDWELL BANKER COMMERCIAL COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211 Phone: 519‐743‐5211

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

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

www.coldwellbankerpbr.com/commercial

e: commercial@coldwellbankerpbr.com

920 SF Divisible· $1,999/ Mth·MLS:1337773 OFFICE/RETAIL FOR LEASE COLDWELL BANKER COMMERCIAL C O MOFFICE/RETAIL M E R C I A L / R E S I DFOR E N T ISALE AL MIX 3,092 SF · $6.00/SF· MLS 1521429 Waterloo · Impressive, 2nd floor office in well

OFFICE/RETAIL FOR LEASE $399,000· MLS: 1531391·Waterloo Cambridge · Great location on main artery 1,572 SF· PETER BENNINGER REALTY, BROKERAGE

known building. Abundance of natural light.

RETAIL OR REDEVELOPMENT SITE 1,485 SF- 2,056 SF · $16.00/SF · MLS: Potential main Acres floor · commercial (hwy electronic #8) minutes south of Hwy#401.

1,586 SF · 0.12 $979,000 and 2nd floor 24/7 reader board. Free parking with 508 RIVERBEND DRIVE, KITCHENER, ON. 1432155/163/162 · Waterloo ·Located at the 1,337 SF ‐ 1,375 SF · $16.00/SF · MLS: 1432155, residential in 1421709 Uptown Waterloo.

Many new

Very Lester Tobin* MLS:1421708, · Kitchener · Unique many amenities nearby. accessible, Hwy entrance to the new Carriage Crossing upscale Phone: 519‐743‐5211 1432163 · Waterloo · Located at the entrance to Profile Location. Corner Lot. Located upgrades. Lester Tobin* 85 & iXpress seconds away.

Colin Vogel* High community.

ZoningCrossing allows for many uses includ- 4,200 SF · $10.50/SF Net · MLS: 1418072 beside farmers market. Great Re-development

the new Carriage upscale community.

1,058 SF· $1,000/Mth· MLS:1444266 ·Kitchener site.

Lester· Tobin* ing retail, business, medical office and more.

4,900 SF· 1,450,000 · MLS 1517403 Kitchener Waterloo · Busy location, close to U of W, W.L.U space for professional, medical or office.

Zoning allows for many uses including retail, Great Only 3 units left! End Cap unit w/finished patio!

Ample parking on King.

Gary Boudreau* 4,900 Exceptional property. Freestanding, Renovated, SF· 1,450,000 · MLS 1517403· Kitchener & Conestoga Pkwy. I‐6 Zoning. Gary Boudreau* business, medical office and more. Only 2 units SF Divisible· $1,999/ Mth·MLS:1337773 OFFICE/RETAIL FOR SALE

OFFICE/RETAIL FOR LEASE John Hoffman*/Gary Boudreau* 920

Exceptional property.

Freestanding, Renovated, building. new HV/AC installed, very interesting Waterloo · Impressive, 2nd floor office in well left! John Hoffman*/Gary Boudreau*

HV/AC installed, very interesting building.

920 SF Mth·MLS:1337773 new 2,786 SF ·Divisible· $32.00/SF$1,999/ Net · MLS:1444530 23 parking spaces onsite. John Hoffman* known building. Abundance of natural light. parking spaces onsite.

John RETAIL OR REDEVELOPMENT SITEHoffman* 1,049 SF · $19.95/SF· MLS: 1447244· Kitchener 1,485 SFSF · $16.00/SF MLS: 1522436 Waterloo profile location in Waterloo’s Waterloo · · High Impressive, 2nd floor office in well 23 4,015 SF 2,056 · $14.00/SF · unit ·MLS: 1,586 SF · 0.12 Acres · $979,000 24/7 electronic reader board. Free parking with Last unit! Drive-up·retail/office located in 1432155/163/162 Waterloo ·Located at the OFFICE BUILDING FOR SALE/LEASE University district.

Two level retail unit with known building.

Abundance of

natural light.

MLS:1421708, 1421709 · Kitchener · Unique Cambridge · High traffic location on Hespeler amenities nearby. Very accessible, Hwy INDUSTRIAL/WAREHOUSE newly developed community, Hwy many 12,184 SF · $2,095,000 OR $5.50/SF · Waterloo on-site parking situated at base of a student entrance to the new Carriage minutes Crossingfrom upscale 24/7 electronic reader board. Free parking with Rd.w/excellent tenant support including: 85 & iXpress seconds away.

Colin Vogel* High Profile Location. Corner Lot. Located # 401 and Conestoga College.

Lester Tobin* community. Zoning allows for many uses includ- apartment building.nearby. Very accessible, Lester Tobin* MLS 1521512 Well suited office building, high farmers ·market.

Great Re-development FOR SALE/LEASE many SF· amenities Hwy beside 1,058 $1,000/Mth· MLS:1444266 ·Kitchener Winners, Value Village, Pet Value, Sleep Country site. finishes throughout, existing Lester Tobin* ing retail, business, medical office and more. quality furnishings Great space for professional, medical or office.

85 & iXpress seconds away. Colin Vogel* 1,153 SF 3,853 SF · $24.00 $30.00/SF

and many more. Lester Tobin* Only 3 units left! End Cap unit w/finished patio!

1,500 10,759 SF · $26.00/SF Net are included.

James Boudreau** Ample parking on King.

Gary Boudreau*

4,900 SF· 1,450,000 · MLS 1517403· Kitchener MLS: 1437 13/614/608/599/602/595/607/605 13,735 SF · $4.95/SF · MLS# 1524256 · Kitchener · 1521635 New retail· plaza on Exceptional John Hoffman*/Gary Boudreau* property. Freestanding, Renovated, Kitchener · New space at Sportsworld Crossing. MLS: 1,100 1512116 SF · $5.50/SF · MLS Kitchener 736 SF· $75.00/SF Net· MLS:1534274· Waterloo Cambridge · Freestanding Industrial/Warehouse

corner of Fischer Hallman and Seabrook Dr. INDUSTRIAL/WAREHOUSE FOR new HV/AC installed, very interesting building.

Join existing retail & restaurant traffic draw.

2,786 SF · $32.00/SF Net · MLS:1444530 High Traffic ‐ High exposure location.

On‐site Indoor mall style on two levels. High pedestrian high traffic. Ample on-site 23 parking Centrally spaces onsite.

Hoffman* 1,049 SF · $19.95/SF· MLS: 1447244· Kitchener facility. located John w/access off 2 SALE/LEASE Lester Tobin*/ Gary Boudreau* High-exposure Waterloo · High profile location in Waterloo’s parking available for Tenant. Lester Tobin* drive-up parking.

Lester Tobin* and location.

Good unit tenant support.

Last traffic unit! Drive-up retail/office located in streets.10,400 SF Warehouse, 3,335 SF Office.

OFFICE BUILDING FOR SALE/LEASE University district. Two level retail unit with

2,598 SF · $11.00/SF Net · MLS: 1511580 Lester Tobin* newly developed community, minutes from Hwy on-site parking situated at base of a student SF $6.75/SF· · Waterloo

EXCLUSIVE Lester Tobin* 12,184 SF ·· $2,095,000 OR $5.50/SF · Waterloo 21,775 SF · $5.50/SF MLS 1518080· Kitchener 1,315 SF‐7,336 SF · ·$20/SF Net · MLS: 1531‐ 10,688 · High traffic; 44,914 Vehicles daily.

Kitchener Great Location. Exposure to King St. N. Across

# 401 and Conestoga College. Lester Tobin* apartment building.

Lester Tobin* MLS 1521512 · Well suited office building, high Excellent manufacturing and/or warehouse 534/536/537/539 · Kitchener · New retail plaza M 3 Zoning.

John Hoffman*/ Gary Boudreau* from Conestoga Mall.

John Hoffman* 915 SF· $12.00/SF Net· MLS:1534412· Stratford 6,287 finishes SF · $7.00/SF· MLS:1531928· Kitchener quality throughout, existing furnishings facility.

Good power, loading and parking 1,153 SF - Located 3,853 SFnear · $24.00 - $30.00/SF Last unit! downtown core and on Huron Rd. with high traffic and exposure. 3,931 SF $3.00/SF · MLS:1414196 · Kitchener Rare to ·find!

2 drive thru James truck bays, one with 1,500 - 10,759 SF · $26.00/SF Net included.

Boudreau** R. Blake Hull* are 4,900 1437 SF· $14.50 SF· $1,450,000 MLS: 13/614/608/599/602/595/607/605 Ample on‐site drive‐up parking. Lester Tobin* or distribution at Abundant a low cost.yard Extraspace New University. Great exposure. Ample on‐site pit. storage Tool room attached.

1512116 · Kitchener New retail plaza on Dry 1,100 SF · $5.50/SF· MLS ·1521635 · Kitchener MLS:1437522· Kitchener · Crossing. MLS: Kitchener · New1517403 space at ·Sportsworld

yard space available.

John Hoffman* avail. at extra cost. John Hoffman* drive‐up parking. Lester Tobin* cornerTraffic Hallman and Seabrook Dr. INDUSTRIAL/WAREHOUSE FOR Fullyexisting renovated, open webbed ceiling.

Newly Join retail & restaurant traffic draw.

High High- exposure On-site 1,774 of SF Fischer · - $9/SF · MLS: location.

1531511· Kitchener renovated, very interesting building. 23 parking High-exposure high traffic. Ample on-site

SALE/LEASE 2,306 SF · $5.50/SF · MLS: 1511731 Lester Tobin*/ Gary Boudreau* parking available for tenant Lester Tobin* Bi‐ level space, retail or tech. Full A/C Abundant drive-up parking.

Lester Tobin* spaces onsite. only $5! MLS: John Hoffman* 1,882 SF · CAM’s $13.75/SF· 1527151 Kitchener · Very central location, Finished 9,360 SF· $6.50/SF · MLS:1431568· Kitchener 16 2,598 SF · $11.00/SF Net · MLS: 1511580 parking. A very economical opportunity. office w/ 2 ·w/r’s.

LargeEXCLUSIVE Garage door, 17’ clear Waterloo · 2nd floor professional office. High 2,100 10,688 SF $6.75/SF· · Waterloo Dock doors, 21’ clear span shop. Great for high SF · ·$10.35/SF 1517955 ·Kitchener Waterloo 21,775 SF $5.50/SF · MLS 1518080· Kitchener traffic;·44,914 Vehicles daily.

John Hoffman* 5,200 SF ·· High $12.00/SF MLS:1441235 ceilingLocation. in shop. Exposure to King John Hoffman* Great St. N. traffic/visibility intersection.

Additional space Excellent volume trucking business. Large land Across for truck Industrial/Retail space. Sub-lease until Aug. manufacturing and/or warehouse M 3 Zoning.· Fully Johnfinished Hoffman*/ Gary Boudreau* from Conestoga Mall.

John Hoffman* Cambridge office/retail space w/ could be available. Colin Vogel* 9,360 SF· $6.50/SF· · Kitchener and trailer avail. MLS:1431568 @ extra expense.

7,699 sf 2016.

Long term lease available. facility.

Good power, loading and parking 530 SF · $18.00/SF · MLS:1531262 · Kitchener high exposure.

Minutes from hwy# 401.

On-site

3,931 SFdoors, · $3.00/SF · MLS:1414196 · Kitchener for Dock 21’ clear span shop. Great James Boudreau**/Gary Boudreau* R. Blake Hull* 16 shop & 1,661 SF office. John Hoffman* 4,900 SF· $14.50 SF· $1,450,000 Turn‐key hair/nail salon.

High traffic location. parking.

Space can be divided.

Lester Tobin* storage distribution at a low cost.

Extra high volume or trucking business.

Large land for 874 SF ·$1,622/Mo· MLS 1514546· Port Elgin 1,100 SF · $5.50/SF· MLS 1521635 · Kitchener Dry

MLS:1437522· 1517403 · Kitchener · Ample on‐site drive‐up parking. Lester Tobin* yard available.

John Hoffman* truck space and trailer avail. @ extra expense.

7,699 High traffic retail location. Located across from 6,350 ‐ 8,786 SF · $5.25‐$5.75/SF · MLS 1534730/ Fully renovated, open webbed ceiling. Newly - High SF· exposure location.

On-site 1,100Traffic SF · $16.00 MLS 12 · Kitchener sf shop & 1,661 SF office.

John Hoffman* 736 SF · $75.00/SF · MLS: 1444506 · Waterloo High renovated, very interesting building. intersection.

23 parking SF · $5.50/SF · MLS: 1511731 Tim Horton’s at signalized 1534722 · Kitchener · 2 units avail.‐end unit w/ parking available forexposure tenant location.

Lester Tobin* 2,306 High Traffic - High On-site Last Unit!

Indoor mall style units John on twoHoffman* levels in 10,300 SF ·$10.25/SF · MLS:1534976 · Waterloo spaces onsite.

CAM’s only $5!

Kitchener · Very central location, Finished James Boudreau**/Gary Boudreau* Lrg showroom, 2 drive‐in doors. 2nd unit w/25% parking available for tenant .

Lester Tobin* 2,400 SF · $5.50/SF · MLS:1431886 Very well finished tech space. Work stations, 4 office w/ 2 w/r’s. Large Garage door, 17’ clear the heart of Waterloo’s University District w/ Kitchener Excellent industrial .

2,100 SF · $10.35/SF · MLS 1517955 · Waterloo finished office space, nice finish, dock & drive, direct access student residential meeting rooms, some private offices, lab space, ceiling in shop. space in 5 unit 5,200 SF · MLS:1441235 John Hoffman* 2,550 SF · $12.00/SF · to landlord’s $12.00/SF· MLS: 1521428 Industrial/Retail Suitable for small manufacturing or SF · $14.00/SF· 1521035 Waterloo bldg. space.MLS: Sub-lease until· Aug. great location. John Hoffman* tenants (over 2,000).

High pedestrian &space trafficw/ 2,237 large lunch room. John Hoffman* Cambridge · Fully finished office/retail service commercial Easy ·access to Cambridge· Retail store front unit with high 2016.

9,360 SF· $6.50/SF·business.

MLS:1431568 Kitchener term lease available. entrance with winding stairway leading

location.

Lester On-site Tobin* PrivateLong Guelph, & Cambridge.

R. .Blake high exposure. Minutes from hwy# Great Hull* for 16 Dock K-W doors, 21’ clear span shop exposure and high traffic. 401.

Located in to James Boudreau**/Gary Boudreau* professional 2nd floor office.

Well appointed 3,581 SF · $11.00/SF Gross · MLS: 1537169 parking. Space can be divided. Lester Tobin* R E T A I L O R R E D E V E L O P M E N T S I T E high volume trucking business. Large land for downtown Preston. Lester Tobin* 915 SF · $12.00/SF · MLS: 1514008· Stratford reception area.· 0.12 Acres Colin Vogel* INDUSTRIAL FORexpense.

SALE & LEASE Kitchener · PROPERTY Clean industrial space, finished 1,586 SF · $925,000 truck and trailer avail. @ extra 7,699

· 2,400 Mezzanine · 3.09 Acres 28,000 Last unit! Located near downtown core and new 1,100 SF · $16.00 SF· MLS 12 · Kitchener sfoffices, ample power. James Boudreau** shop SF & 1,661 SF SF office.

John Hoffman* 736 SF · $75.00/SF · MLS: 1444506 · Waterloo MLS:1421708, 1421709 · Kitchener ·

Unique 1,488 SF‐3,545 · $24‐$26/SF MLS: drive1525‐ High Traffic $1,895,000·$4.50/SF Net MLS: 1434971, University.

GreatSF exposure.

Ample · on-site SF· $16.00/SF · MLS:1424242 - High exposure location.· Brantford On-site Last Unit! Indoor mall style units on two levels in 2,050

High Profile Location. Corner Lot. Located 1511326 · Cambridge · Zoned M3 – dynamic 114/115/104 · Kitchener · Lester Sportsworld End capavailable retail unit.forDrive-up parking. up parking.

Tobin* parking tenant .

Lester Tobin* 2,400 SF · $5.50/SF · MLS:1431886 the heart of Waterloo’s University District w/ uses. grade R E T Heavy A I L / Rpower.

E S I D EWas N T IaAfederal L I N V food ESTM ENT beside farmers market.

Great Kitchener HWY exposure.

Lester Tobin* Crossing is a landmark destination located to Excellent space in 5 unit industrial . facility.

John Hoffman* direct access to landlord’s student residential 7,712 SF· $995,000 · MLS:1521430 Re‐development site. Lester Tobin* bldg.

Suitable for small manufacturing or 874 SFall · $1,300/Mth· MLSRegion 1514546 · Port Elgin 2,237 SF · $14.00/SF· MLS: 1521035 · Waterloo serve of Waterloo and beyond. tenants (over 2,000). High pedestrian & traffic 4,200 SF · $10.50/SF Net · MLS: 1418072 service commercial business.

Easy to Cambridge· Investment or access Owner/User High traffic retail location.

LocatedLester across Tobin* from 5,040 SF· $810,000 · MLS: 1437535· Waterloo Private entrance with winding stairway leading Gary Boudreau*/ location.

Lester Tobin* K-Wunder & Cambridge.

R. Blake Hull* Waterloo · Busy location, close to U of W, W.L.U Guelph, .60 Ac. Site utilized w/ existing 5040 sf Tim Horton’s at signalized intersection. property.

Main Floor: 5,642 SF (2 units) to professional 2nd floor office. Well appointed Many uses with I-6 Zoning including 100% OFFICE/RETAIL FOR SALE Conestoga Pkwy.I-6 Zoning. Gary Boudreau* bldg.

839 MLS:1537515 · Stratford Kitchener &reception James Boudreau**/Gary Upper floor: 3 Apartments. Lester Tobin* 915 SF SF· · $12.00/SF $12.00/SF ·· MLS: 1514008·Boudreau* area.

Colin Vogel* INDUSTRIAL PROPERTY FOR SALE & LEASE office.

John Hoffman*

28,000 SF · 2,400 SF Mezzanine · 3.09 Acres Finished office, great for medical & service use.

Last unit! Located near downtown core and new RETAIL INVESTMENT OPPORTUNITY $1,895,000·$4.50/SF Net MLS: 1434971, * Sales Representa�ve

University.

Great exposure. Ample on-site drive- 2,050 Gary Boudreau*/ James Boudreau** SF· $16.00/SF · MLS:1424242 · Brantford Cambridge · Zoned M3 dynamic 1511326 up parking.

20,700 · SF· $3,200,000 · –MLS:1524441 O F F I C E

B U I L D I N G

F O R

L E A S E

&

S A L E

End cap retail unit.

Drive-up parking.

Lester Tobin* ** Broker uses. Heavy power. Was a federal food grade exposure.

Lester Tobin* 21,775 SF · $5.50/SF · MLS:1518080· Kitchener HWY Kitchener · Fully rented plaza, exposure to 12,184 SF· Divisible · 2,095,000 · $12.95/SF MLS: facility.

John Hoffman* Excellent manufacturing & /or · warehouse 874 SF · $1,300/Mth· MLS 1514546 Port Elgin 1521512 · Waterloo · Well located office expswy, tenants include Short Stop, Wings Up, 4,200 SF · $10.50/SF Net · MLS: 1418072 High traffic retailpower, location.loading Located and acrossparking. from SF·Hair $810,000 1437535· Waterloo facility.

Good Blend Studio · MLS: to name a few.

Call for building. Quality finishes throughout. Existing 5,040 Waterloo · Busy location, close to U of W, W.L.U .60 Ac. Site under utilized w/ existing 5040 sf Tim Horton’s at signalized intersection.

R.Blake Hull* Lester Tobin* details. furnishings are included. James Boudreau** Many uses with I-6 Zoning including 100% Conestoga Pkwy.I-6 Zoning. Gary Boudreau* bldg.

James Boudreau**/Gary Boudreau* &

office.

John Hoffman*

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

8331512_4115

COM_4115.indd 6

Please say you saw it in The Commercial Investor

2015-10-09 7:30 PM

Volume 15 Issue 10

7

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

COLDWELL BANKER COMMERCIAL COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211 Phone: 519‐743‐5211

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

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

COLDWELL BANKER COMMERCIAL Approx.217 $4,340,000 · · EXCLUSIVE 808 SF · $125,000 1517668 · St Jacobs

SALE INVESTMENT 30,699 SF· $2,950,000 FOR · MLS:1524536 66.58 Acres Acres · · $2,200,000 EXCLUSIVE 1,154 SF· $140,000 · · MLS: MLS: 1535044 Waterloo Region · Currently Being Farmed.

Waterloo· Belgium style poutine restaurant in Kitchener · Great Opportunity to own a Cambridge· Under consideration to change OP Retail business for sale. Over 20 successful PETER BENNINGER REALTY, BROKERAGE

Call for info pkg! prime location on King at University. All new centrally industrial mall within the designation to industrial. Peter Benninger** in business!

Take over before Christmas 1,560 SF located · $269,000 · MLS:1425046 equipment.

Business can be purchased with Peter Benninger**/Colin Vogel* years 508 RIVERBEND DRIVE, KITCHENER, ON. Urban Growth area Kitchener.

James Boudreau**/ Gary Boudreau* or without franchise.

Lester Tobin* Cambridge · Downtown Prestonof property.

Main 37.5 Acres · $3,000,000 Phone: 519‐743‐5211 DENSITY MIXED · MLS: USE 1244781 DEVELOPMENT John Hoffman*

floor retail, 2nd floor office or residential. On-site HIGH Port Elgin · Incredible investment. At the parking.

Acres· $5,850,000 · EXCLUSIVE·Kitchener Lester Tobin* 3.25

gateway to Port Elgin. 800 meters from new 10,700 SF· $695,000 · MLS:1522283· Kitchener Frontage on 2 major streets at the gateway to www.coldwellbankerpbr.com/commercial MULTI FAMILY FORSALE SALE Walmart plaza a few min. walk e: commercial@coldwellbankerpbr.com to one of the MULTI-FAMILY FOR mul� Tenanted bldg. Good opportunity most beautiful sandy beaches in access Ontario!to Hwy RETAIL PLAZA W.CONVENIENCE STORE for downtown Kitchener. Excellent 1517668 Approx.217 Acres · $4,340,000 · EXCLUSIVE 808 SF · $125,000 · MLS:

INVESTMENT SALE James Boudreau** 3,408 SF · 0.25 Acres · $1,550,000 owner/user.

Well located in FOR Central Kitchener.

401 via Hwy 8 Directly on proposed light rail Waterloo· Belgium style poutine restaurant in Waterloo Region · Currently Being Farmed. · Waterloo John · Two unit retail plaza FORMER MLS #1511142

Hoffman* SCHOOL/RE-DEVELOPMENT SITE 36 36 Units · $5,500,0000 · MLS:1511369 Call for info pkg! prime location King at University.

All new Units · on $5,500,0000 · MLS:1511369 transit route. Peter Benninger**/Colin Vogel*

with Lester Tobin* 19,589 SF · 3Peter Ac.· $1,800,000 · MLS: Vogel* equipment.

1,560business.

SF · $269,000 · MLS:1425046 Business can be purchased with Benninger**/Colin Kitchener · · Brand 100% Leased, Brand New! New! 100% Leased, 100% 100% 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 1444282 Woodstock · Single storey building Kitchener without franchise.

Lester Tobin* Cambridge · Downtown Preston property. Main Approx.217 Acres · $4,340,000 · EXCLUSIVE or Income guarantee & building warranty.

Income guarantee& bldg warranty. Generously 37.5 Acres · $3,000,000 · MLS: 1244781 12,853 SF · $2,500,000 · Kitchener · EXCLUSIVE containing 8 classrooms, gymnasium and Generously sized units w/ premium finishes, floor retail, 2nd floor office or residential. On-site Waterloo Region · Currently Being Farmed. Call Port Elgin · Incredible investment.

At the

sized units steel w/premium finishes, stainless playground with commercial zoning.

LAND FOR SALE stainless appliances, in suite laundry,steel Multi‐tenant office building.

Centrally parking.

Lesterlocated.

Tobin* for info pkg! Peter Benninger**/Colin Vogel* gateway to Port Elgin.

800 meters from new Residential re-development is obtainable.

Separate hydro & gas meters.

Locatedhydro steps& appliances, in suite laundry, Separate Zoning & property suitable for many uses.

Walmart plaza a few min. walk to one of the MULTI FAMILY FOR SALE Lester Tobin* gas meters. Located steps away from shopping away from shopping and expressway. most beautiful sandy beaches in Ontario!

RETAIL PLAZA W.CONVENIENCEBoudreau** STORE James 2.8 Acres Land · $4,000/month · MLS: 1514567 Located on major transit route.

4,200 SF Bldg.· 0.60 Acres · $2,300,000 James Boudreau** & expwy On major transit route. Eric Reiner* 3,408 SF · 0.25 Acres · $1,550,000 LANDfenced FOR LEASE KITCHENER Fully with IN one gate, graveled and Eric Reiner* MLS: 1444528 · Cambridge · High profile 2.8 Acres · $4,000/month · MLS: 1514567 SITE MLS #1511142 · Waterloo · Two unit retail plaza FORMER SCHOOL/RE-DEVELOPMENT re-development site located directly across 36 Units · $5,500,0000 · MLS:1511369 compacted.

Bleams Road coming through in 36 LAND FOR SALE Units · $14,750,0000 · MLS:1528208 Fully fenced with one gate, graveled and with Lester 19,589 SF · 3 Ac.· $1,800,000 · MLS: frombusiness.

Cambridge Memorial Hospital.

185Tobin* ft of the Spring of 2015! John Hoffman* Kitchener · Brand New! 100% Leased, 100% compacted. Bleams Road coming through in the Waterloo · Recently constructed, purpose built

Forguarantee Commercial Estate frontage. Current use is a 4,200 sf restaurant. 1444282 Woodstock · Single storey building Income & building Real warranty.

Spring of 2015!

John Hoffman* investment property. 100% Occupied, 6.1% CAP w/ 67 parking spaces.

Lester Tobin* containing 8 classrooms, gymnasium and Generously sizedinunits w/ premium finishes, Solutions Canada's Technology 1.03 Acres · $1,995,000 · MLS: 1517392 LAND AND LAND BUILDINGS

playground commercial zoning.

FOR SALEFOR SALE 1.03 stainless steel appliances, suiteU laundry, Located steps away infrom of W and Acres · with $1,995,000 · MLS: 1517392 2.0 Ac.· · MLS:1337641 · Kitchener Acre development land.

Wide range of uses Rate!

Triangle, any Located one of steps our re-development is range obtainable.

3,687 SF $500,000 · $775,000 · MLS:1537347· St Jacobs 1 1Residential Separate hydro contact & gas meters.

Acre development land.

Wide of uses Wilfrid Laurier University. Eric Reiner* Corner of Trillium and Huron w/excellent Lester Tobin* awaysales permitted. James Boudreau* from shopping and expressway.

Why pay rent?

Excellent opportunity for permitted.

James Boudreau* representatives, or call access to Hwy 7/8 and Hwy 401. Many uses

Located on major transit route.

4,200 SF Bldg.·Colin 0.60 Vogel*/Peter Acres · $2,300,000 13 Units · $4,999,0000 · MLS:1527081 Owner/User.

Redevelopment potential. LAND FOR LEASE IN KITCHENER permitted.

Benninger** 519-743-5211.

Eric Reiner* 1.8 Acres · $589,900 · MLS: 1524216 MLS: 1444528 · Cambridge · High profile Waterloo · 7% Cap Rate. Recently James Boudreau**/ Gary Boudreau* 2.8 $4,000/month · MLS: 1514567 Acres ·· BUSINESS re-development site located directly across FOR SALE Industrial zoned land permitting HIGH-DENSITY MIXED-USE DEVELOPMENT! Kitchener Fully fenced with one gate, graveled and constructed income property Close proximity to from Cambridge Memorial Hospital. 185 ft of many commercial office uses.

Lot can be Bleamsand Road coming through in the REPRESENTATIVES: 37.5 Acres · $1,700,000 · MLS: 1244781 compacted.

5.09 Ac. ·Current $4,250,000 · EXCLUSIVE For Commercial Real Estate frontage. use is a 4,200 sf restaurant.

UofW SALES and Wilfrid Laurier University.

100% Spring of 2015!

John Hoffman* Cambridge min walk toinvestment.

Cambridge Port · · 5spaces.

Incredible At the severed. Lester Tobin* w/ 67Elgin parking LesterCentre Tobin* 2,000 SF · $149,000 · MLS: 1434965 Leased Separate meters for gas and hydro.

Solutions in Canada's Technology

Gary Boudreau * · ext. 3029 Mall. 3 min drive Elgin. to hwy800 401meters Directlyfrom across gateway to Port new 1.03 Elmira · Excellent opportunity to own an up & Eric Reiner * Acres · $1,995,000 · MLS: 1517392 2.0 $500,000 · MLS:1337641 10.87 Acres · $3,600,000· EXCLUSIVE· Brantford fromAc.· natural conservation area. · Kitchener Triangle, contact any one of our coming café and catering business 1 Acre development land. Wide rangew/ of dream uses James Boudreau ** · ext. 3020 Walmart a few min. walk to one of the Corner ofplaza Trillium and Huron w/excellent Peter Benninger**/Colin Vogel* High traffic, high visibility. Part of intensification James Boudreau* kitchen for even the most experienced chef. sales representatives, or call access to Hwy 7/8 and Hwy 401. Many most beautiful sandy beaches in uses Ontario! permitted.

Selby Colson * · ext. 3100 James being Tobin*/ studied

by Boudreau** the city. permitted.

Colin Vogel*/Peter Benninger** corridor Lester For Commercial Real Estate 519-743-5211.

James Boudreau** Peter Benninger** Mike Flynnin* Canada's ·Technology ext. 3037 GREAT RE-DEVELOPMENT SITE Solutions

FOR SALE SF ·BUSINESS $349,900 · MLS:1447072 5,887 25,182 · $2,420,000 · MLS:1417598 2.0 Ac.· SF $500,000 · MLS:1337641 · Kitchener Cambridge · Established full service HIGH-DENSITY MIXED-USE DEVELOPMENT! Triangle, contact any ·one of our John Hoffman * ext.

3040 1,489 SF · $225,000 · MLS:1527315 · Waterloo Brockville · Some medical onsite. Walking SALES representatives, REPRESENTATIVES:or call 5.09 Ac. $4,250,000 · EXCLUSIVE sales Corner of ·from Trillium & Huron w/excellent access restaurant with liquor license and patio. distance Hospital.

Some new leases for life sandwich bar located on busiest Bill Halpenny * · ext. 3120 Cambridge · 5 min walk to Cambridge Centre Fit 519-743-5211.

Located Grand River.

Upscale dining with SFon · $149,000 · MLS: 1434965 to Hwy 7/8 & Hwy 401. Many uses Boudreau* permitted. 2,000 pending.

JohntoHoffman*/Gary Gary Boudreau * · ext. 3029 Mall.

3 min drive hwy 401 Directly across corner in Waterloo’s University District.

New California cuisine.

Elmira · Excellent opportunity to own an up & R. Blake Hull * · ext. 3032 Colin Vogel*/Peter from natural conservation area. Benninger** Location ‐ High traffic. Lester Tobin* Lester Tobin*/ James Boudreau** coming café and catering business w/ dream SALES REPRESENTATIVES:

James Boudreau ** · ext. 3020 Peter Benninger**/Colin Vogel* Eric Reiner * · ext. 2099 HIGH DENSITY MIXED USE DEVELOPMENT HIGH‐DENSITY MIXED‐USE DEVELOPMENT! kitchen for even the most experienced chef.

Selby Colson * · ext. 3100 1,156 SF ·Lester $274,900 · MLS: 1511182 3.25 Acres · $5,850,000 · EXCLUSIVE Tobin*/ James Boudreau** MECHANIC SHOP AND LOT Gary Boudreau * · ext.

Lester Tobin * · ext. 3029 3023 5.09 Ac.·$4,250,000 · MLS:1527092· Cambridge Waterloo · Profitable business with growth Kitchener · Frontage on 2 major streets at the 1,440 SF · $559,000 · MLS: 1535223 · Kitchener GREAT RE-DEVELOPMENT SITE Mike Flynn * · ext. ext. 3020 3037 James Boudreau ** · High profile, mixed use parcel on high traffic Colin Vogel * · ext. 3110 potential. fixtures and equipment included.

5,887 SF ·All $349,900 · MLS:1447072 gateway to ·downtown Kitchener.

Excellent 25,182 SF $2,420,000 · MLS:1417598 Established mechanic business on quarter acre Selby Colson * · ext.

3100 John Hoffman * · ext. 3040 Hespeler Rd. Peter Benninger**/Colin Vogel* James Boudreau**/Gary Boudreau* access to Hwy 401medical via Hwyonsite.

8 Directly on Cambridge · Established full service Brockville · Some Walking Harmony Voisin * ext. 3117 site. Ideal for used car sales. R. Blake Hull* proposed light rail transit route.

Mike Flynn * ·· ext.

3037 restaurant with liquor license and patio. distance from Hospital. Some new leases Bill Halpenny * · ext. 3120 1,426 SF· $99,900 · MLS: 1511046 8.28 Acres · $1,558,000 · MLS: 1522201 Peter Benninger**/Colin Vogel* Located on Grand River.

Upscale dining with John Hoffman * · ext. 3040 pending.

John Hoffman*/Gary Boudreau* BROKER OF RECORD : · ext. 3032 California ·cuisine.

Waterloo Gourmet Pizza & Pasta restaurant.

R. Blake Hull Cambridge · Fantastic location to build up to 4,437 SF · $399,000 · MLS:1531898 · Waterloo Bill Halpenny ** · ext. 3120 66.58 Acres · $2,200,000 · EXCLUSIVE Tobin*/ James Boudreau** Established since 1996 with many locations High salesLester with huge potential.

Located in the 64,207 sq. ft. in 2 buildings.

Many uses within R. Blake Hull * · ext.

3032 Eric Reiner * ·· ext. ext.3000 2099 Cambridge· Under consideration to change OP city’s fastestOntario. growing area. exposure on Peter Benninger** HIGH DENSITY MIXED USE DEVELOPMENT throughout Family High style restaurant M3 zoning including In park busy designation industrial. residential.

Peter Benninger** Eric Reiner * · ext.

2099 1,156roundabout.

SF · $274,900 · MLS: 1511182 Lester Tobin* 3.25 Acres ·to$5,850,000 · EXCLUSIVE Lester Tobin * · ext. 3023 with liquor license and seating for 148 plus 25 setting. John Hoffman* Kitchener · Frontage on 2 major streets at the Waterloo · Profitable business with growth Lester Tobin * · ext. 3023

on patio. Lester Tobin* Colin Vogel * · ext. 3110 3110 potential. All fixtures and equipment included. gateway to downtown Kitchener. Excellent Colin Vogel * Sales Representa�ve * · ext.

Gaccess R E A T to Hwy R E401 ‐ D E via V E LHwy OPM E N T onS I T E James Boudreau**/Gary Boudreau* 8 Directly HarmonyVoisin Voisin ext. 3117 3117 Harmony ** ·· ext. ** Broker proposed transit route.

25,182 SF light · rail $2,420,000 · MLS:1417598 1,800 SF · $275,000 · Exclusive · Waterloo Peter Benninger**/Colin Vogel* Well established & highly respected full service 1,426 SF· $99,900 · MLS: 1511046 Brockville · Some medical onsite. Walking BROKER BROKEROF OFRECORD RECORD:: Waterloo · Gourmet Pizza & Pasta restaurant. distance from Hospital. · Some new leases fine/casual dining restaurant located in 66.58 Acres · $2,200,000 EXCLUSIVE High sales with huge potential. Located in the Peter Benninger** · ext. 3000 pending. John Hoffman*/Gary Boudreau* Cambridge· Under consideration to change OP Waterloo’s uptown. Lester Tobin* city’s fastest growing area. High exposure on Peter Benninger** · ext. 3000 designation to industrial.

Peter Benninger** busy roundabout.

Lester Tobin*

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

COM_4115.indd 7

8171433_4115

2015-10-09 7:30 PM

inthenews

GREEN OFFICE BUILDINGS DELIVER HIGHER INCOME AND VALUE Sustainable buildings experience higher rent, occupancy, renewals and tenant satisfaction, demonstrates new academic study based on 10 years of Bentall Kennedy portfolio data

I

mproved property performance is strongly correlated to Green building certification, according to a ground-breaking study of Bentall Kennedy’s North American office portfolio conducted by an internationally recognized academic research team.

The study, which was published in the September 2015 issue of the Journal of Portfolio Management, was conducted by Dr. Nils Kok of Maastricht University in The Netherlands and Dr. Avis Devine of the University of Guelph in Canada. The research analyzes 10 years of financial performance data across a Bentall Kennedy-managed office portfolio totaling 58 million square feet, (34 million square feet in the U.S., 24 million square feet in Canada). Overall, the results provide compelling evidence that buildings with sustainable certification outperform similar non-green buildings in terms of rental rates, occupancy levels, tenant satisfaction scores, and the probability of lease renewals.

“Previous studies have suggested similar correlations but none of these looked at in-depth, diverse metrics across a large portfolio for as long as 10 years,” said Giselle Gagnon, senior vice president, Strategic Resources Group at Bentall Kennedy.

“Investors want evidence to support the economic merits of investing in sustainable buildings, and this new academic research provides exactly that.”

Deeper data sets show positive results for sustainable buildings The study of nearly 300 office properties across North America included lease-level data such as rents, rent concessions and lease renewal rates, as well as building-level information such as occupancy rates, tenant satisfaction scores, energy and water consumption, and green building certifications. Highlights of the findings include: › Net effective rents, including the cost of tenant incentives, average 3.7 per cent higher in LEED certified properties in the U.S. than in similar non-certified buildings. › Rent concessions, for LEED and BOMA BEST buildings in Canada are on average 4 per cent lower than in similar non-certified buildings. › Occupancy rates during the period were 18.7 per cent higher in Canadian buildings having both LEED and BOMA BEST certification, and 9.5 per cent higher in U.S. buildings with ENERGY STAR certification, than in buildings without certifications. › Tenant renewal rates were 5.6 per cent higher in Canadian buildings with BOMA BESt Level 3 certification than in buildings with no BOMA BESt certification. › Tenant satisfaction scores were 7 per cent higher in Canadian buildings with BOMA BESt level 3 and 4 certification than in non-certified buildings. › Energy consumption per square foot was 14 per cent lower in U.S. LEED certified properties than in buildings without certification.

“This is the most in-depth and conclusive “This study is an important step toward mapping the business case for sustainable analysis conducted to date of the link building attributes,” Dr. Devine said.“The study advances knowledge in this field between responsible property investment significantly as a result of Bentall Kennedy’s commitment to share a deep pool of practice and financial returns,” said Gary consistent, detailed data on a large group of buildings over a long period of time.

Whitelaw, chief executive officer for the The fact that many Bentall Kennedy-managed buildings have one or more Green Bentall Kennedy Group.“By examining credentials provided us with a strong basis for comparing performance.” a large North American portfolio Bentall Kennedy has a strong track record of fostering sustainability in commercial with consistent data across multiple buildings. The firm is a member of UN PRI and is a recognized leader in Responsible market cycles, the results validate Property Investing. In the recently-announced GRESB rankings, Bentall Kennedy Bentall Kennedy’s focus on energy and was named the top North American firm and the top firm globally for the Private, sustainability improvement in buildings not only as a socially responsible strategy, Diversified peer group. Additionally, MEPT, the U.S. core open end fund strategy advised by Bentall Kennedy, was ranked as the top fund in the U.S. and globally for but also as a way to enhance property the Private, Diversified – Residential/Office peer group. income for our clients.”

Bentall Kennedy, a Sun Life Investment Management company, is one of North America’s largest real estate investment advisors and one of its foremost providers of real estate services.

COM_4115.indd 8

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9

Commercial Real Estate & Business Opportunities

519.742.7000 www.coupalmarkou.com

LEASE 92 KING STREET SOUTH, WATERLOO LEASE

• Second floor space with private entrance • Excellent location across from "The Shops of Waterloo Town Square" • On GRT route and minutes from Hwy 85 • 1,016 sq ft (approximately) • $10.00/sq ft Net 3715_DJW_1_0063

SALE

MLS

93 LODGE STREET, WATERLOO

• Established 6 bay car wash • Price includes land, building and equipment • 3,540 sq ft on 0.54 acres • $1,549,000

3715_DJW_3_0016

SALE 1250 FISCHER HALLMAN ROAD, KITCHENER

• 3.49 acre high profile corner property • Official Plan allows mixed use • Retail/commercial, office & residential • $3,600,000

3715_DJW_0036

• Medical building located directly behind Grand River Hospital • Pharmacy on-site & on-site parking • Zoning allows for many uses • Units from 750-1,500 sq ft • Lease rates from $710 - 1,420/month

MLS

3715_DJW_1_0093

SALE

SALE 645 LAURELWOOD DRIVE, WATERLOO

3715_DJW_2_0021

Christopher Coupal

John Markou

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

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

MLS

MLS

3715_DJW_3_0031

SALE 50 UNIVERSITY AVENUE EAST, WATERLOO

300 BRIDGE ST EAST, KITCHENER

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

MLS

3715_DJW_1_0117

• Busy plaza with strong tenants in place • 8 units with good mixture of retail and office users • Located in high density residential neighbourhood • $2,695,000 MLS

3715_DJW_1_7778

54 BRIDGE ST WEST, KITCHENER

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

SALE 1015-1051 KING ST EAST, KITCHENER

• Across from future LRT • 1.19 acre redevelopment site • Corner of King & Ottawa Street • Existing income in place • $2,295,000 MLS

SALE

453 PARK STREET, KITCHENER

Kitchener/Waterloo Guelph & Cambridge

Volume 15 Issue 10

• Mid-rise building on 1.15 acres • 52 Registered Condominiums • 196 Bedrooms • Excess density allows for further development MLS

3715_DJW_1_0017

CONNECT

4115

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_4115.indd 9

2015-10-09 7:30 PM

10 Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities B CR OO MOMKE B RU CIL AD L IINNGV E CS OT NOS R ULTANTS

Volume 15 Issue 10

PROTECTING YOUR INVESTMENT

HYD RON IC H E AT I N G & C O O L I N G

HYDRONIC FORCED AIR HEATING and COOLING is not a new concept. It has been used in Europe for years in residential and commercial buildings.

HEATING CYCLE During the heating cycle the hot water flows through the coils and the blower fan blows air over the coil resulting in warm forced air into the rooms of the building.

chiller located in the basement boiler room.

The cold water circulates through the cooling coils located at each radiator and the electrically operated motor and fan blow cool air into the room.

A rooftop condensing unit allows the moisture on the water piping lines evaporate. The warmer water is then returned to the chiller and the cycle is repeated.

HYDRONIC RADIATOR WITH COOLING COIL AND FAN.

BOILERS CHILLER

The concept is unique and very simple. For heating high efficiency boilers are used to provide hot water through metal piping which is circulated throughout the building to floor radiators.

The floor radiators are unique in that they are equipped with cooling coils blower fans and motors.

COOLING CYCLE During the hot summer months the building hot water hydronic heating component is shut down with the use of control valves and the cooling system is activated. The water lines are then filled with chilled water from a

C O N S U LT I N G E N G I N E E R S Building Inspection Cost Consultants

CONDENSER

This system provides the advantages of forced air heating and cooling with a hydronic system. www.BrookBC.com 905-385-4496 1-888-343-3023 11236833_4115

Please say you saw it in The Commercial Investor

COM_4115.indd 10

2015-10-09 7:30 PM

Volume 15 Issue 10

11

2011 - 2014

2007

Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

2011

#1 FOR MOST HOMES SOLD!* • #5 TEAM IN CANADA!**

MLS® 30500706

| CAMBRIDGE |

$900/MONTH

FULLY RENOVATED, PROFESSIONAL OFFICE SPACE CENTRALLY LOCATED BETWEEN CAMBRIDGE, KITCHENER, AND REGION OF WATERLOO AIRPORT. OTHER SIMILARLY PRICED UNITS AVAILABLE. 4115_DJW_1_0029

MLS® CA1593232

| CAMBRIDGE |

$850,000

MLS® CA1592982

| COURTLAND |

$1,200,000

RESIDENTIAL/COMMERCIAL ZONING WITH HIGHRISE POTENTIAL – AN EXCELLENT DEVELOPMENT OPPORTUNITY! LOCATED IN THE DOWNTOWN CORE ON A CORNER LOT NEAR THE SCHOOL OF ARCHITECTURE. ENDLESS POSSIBILITIES! 4115_DJW_1_0056

A FANTASTIC OPPORTUNITY TO LIVE STEPS FROM YOUR VERY OWN SUCCESSFUL BUSINESS! PROPERTY INCLUDES A 2,000 SQ. FT. HOME AND A THRIVING BAKERY. OVER 20,000 CARS DRIVE BY DAILY!

4115_DJW_1_0066

MLS® CA1594208

11298218_4115

519.740.0001 | www.soldbybailey.com | steve@soldbybailey.com

| KITCHENER |

$169,900

A WELL LAID OUT LIGHT MANUFACTURING AND WAREHOUSE SPACE WITH PROFESSIONALLY FINISHED SECOND FLOOR OFFICE SPACE. IDEAL AS EITHER OWNER OCCUPIED OR AN INVESTMENT OPPORTUNITY. TWO UNITS AVAILABLE.

4115_DJW_1_0090

MLS® CA1594688

| ST. GEORGE |

$949,900

INDUSTRIAL SPACE INCLUDING 2-AREA WAREHOUSE, 3750 SQ. FT. AND 6200 SQ. FT.; TWO 1250 SQ. FT. OFFICE SPACES; TWO GREENHOUSES, 3528 SQ.FT. (VACANT) AND 5164 SQ. FT. (TENANTED); AND A 2500 SQ. FT. STORAGE COMPOUND. 4115_DJW_0002

MLS® CA1592030

| PARIS |

$1,549,000

PRIME DOWNTOWN LOCATION! THIS PROPERTY INCLUDES A SMALL HOUSE WITH LONG TERM TENANT, A VACANT BUNGALOW, AND A COMMERCIAL PLAZA. SO MANY POSSIBILITIES! 4115_DJW_1_0067

SUPERIOR SERVICE • SUPERIOR EXPOSURE • SUPERIOR RESULTS

Isabel Pinheiro

SRES, ABR Sales Representative isabel@soldbybailey.com Falo Português

Helen McIntyre

ABR Sales Representative helen@soldbybailey.com

Aaron Erwin

Sue Machado

Mike Grant

Don MacKey

Sales Representative aaron@soldbybailey.com

Sales Representative sue@soldbybailey.com Falo Português

Sales Representative mike@soldbybailey.com

Sales Representative Broker Sales Representative don@soldbybailey.com annette@soldbybailey.com joan@soldbybailey.com Falo Português

Annette Escobar

Joan Horne

Kim Foster

Ben Dobrocky

Sales Representative kim@soldbybailey.com

Sales Representative ben@soldbybailey.com

*RE/MAX Award for Transaction Ends in a Population of 50,000 to 150,000 in 2013. **Real Trends Magazine Agent Rankings 2013.

Please say you saw it in The Commercial Investor

COM_4115.indd 11

2015-10-09 7:30 PM

12 businesssavvy

Commercial Real Estate & Business Opportunities

Volume 15 Issue 10

Kitchener/Waterloo Guelph & Cambridge

KNOWLEDGE-BASED INDUSTRIES TRANSFORMING THE WORKPLACE, says Colliers International Insights Report

A

Colliers International report says knowledge-based industries are changing how, where and by whom business is conducted, and that organizations and companies need to adapt to these changing conditions to remain competitive and attractive to top talent.

Knowledge-based industries are industries based upon the transfer of information, people and services – rather than hard objects. The Colliers report recommends companies be early adopters of this new reality by introducing innovative tools and technologies, while at the same time being sensitive to user adoption at various levels and the management of change within their organizations.

Goldwin Realty Corporation | Brokerage

FOR SALE | GUELPH, ON 2.4 Acres | Retail Commercial Site Asking $1,550,000.00 ➢ Rare North End Neighbourhood Development ➢ All Services Available at the Lot Line ➢ Zoned SC.1 Including Gas Bar / Auto Wash ➢ Offers will be reviewed as received

Andrzej Weinberger, President | Broker of Record Direct: 416-805-2817 Email: asw@goldwinrealty.com

The report makes three specific recommendations to today’s corporations brought on by knowledge based industries: be innovative, embrace design and have balance.

“In the years ahead, the Mad Men era-styled corner office will go the way of the manual typewriter and carbon paper,” said Colliers International’s Director of Marketing & Market Intelligence, Chris Markovic.“Knowledgebased industries are radically changing the way business is conducted and how companies are not only opting to design and use office space, but how they are interacting with employees and customer bases. What we think of as ‘traditional office space’ is now being transformed into efficient, green, collaborative spaces that harvest innovation, social interaction and creative thought.”

Being innovative also means possessing flexibility in thought regarding how employees are working and where they are choosing to work. Employees of knowledge-based industries are more likely to work remotely, work obscure and outside of ”normal” business hours, and change their style of work on a regular basis.

Embracing design speaks to how the majority of office users are shifting to open office concepts, where many employees no longer ”own” a regular office desk, and change physical locations within offices on a daily basis.

“Companies whose employees change their physical locations find this sparks conversation and engagement among various team members who may in the past have had no interaction,” adds Markovic.“The high-tech and software industries have led the way in this inter-office transformation. They found that you never can predict where a good idea will come from or what conversation among employees may solve problems or spark an idea.”

The Colliers report’s third recommendation of having balance speaks not only to balancing work and life and play, but also to being sensitive to technology overload in today’s wired and connected world. The report recommends companies give employees and customers different options to interact in the way best suited to a particular situation, and to be conscious of issues such as time zone shift when organizing virtual meetings, scheduling too many backto-back meetings that overcrowd calendars, and too many emails resulting in inbox overloads.

“One basic recommendation from the our report has not changed from the Mad Men era: Despite all the incredible technology advancements that have entered the workplace in just the last decade, for pure productivity, efficiency and results, still nothing beats a face-to-face conversation or an ear-to-ear phone call,” added Markovic.

Please say you saw it in The Commercial Investor

COM_4115.indd 12

2015-10-09 7:30 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_4115.indd 13

2015-03-19 3:47 PM 2015-10-09 7:30 PM

14 legallyspeaking

Commercial Real Estate & Business Opportunities

Volume 15 Issue 10

Are ASSETS or SHARES your best bet?

By Jayson Schwarz and Konstantine Chaztidimos

Southwest Ontario

W

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

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

This decision on which way to go will impact the tax positions of both sides and dictate the legal form which the transaction will take. A share sale is usually preferable from the vendor’s perspective, while asset purchases are normally more attractive to buyers.

These opposing preferences are created by two primary issues; legal liability and tax consequences.

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

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

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

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

The second issue to consider in deciding what form the commercial transaction will take is the tax consequence to each of the parties. When individuals sell shares of a Canadian controlled private corporation, any gain on the sale is deemed a capital gain for income tax purposes and, hence, is only fifty (50) per cent taxable. Moreover, all individual taxpayers are allowed a tax-exempt lifetime maximum of $750,000 on this form of taxable gain. Thus, it is clear to see how vendors would prefer the share sale approach, particularly if they qualify for any or all of this $750,000 lifetime exemption.

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

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

Buying shares means that the purchaser will be stuck with the depreciated cost in the company’s books of the depreciated asset irrespective of the value paid for the shares.

If, however, the transaction proceeds by way of asset purchase, such deductions would be based on the purchase price allocated to the asset.

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

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

Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please send letters to the magazine or to us. Use the website (schwarzlaw.ca), email (schwarz@schwarzlaw.ca), or phone us at 1-888-609-8888 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 real estate lawyer and partner in the law firm Schwarz Law LLP.

Please say you saw it in The Commercial Investor

COM_4115.indd 14

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15

Commercial Real Estate & Business Opportunities

Sales Representgtive

Wilfred McIntee & Co. Ltd. Brokerage

519-528-3129 Cell 519-525-8600

www.huronbrucerealestate.com

Cheryl Johnston Sales Representgtive

Lake Range Realty Ltd. Brokerage

519-395-3959 Cell 519-441-7456 www.lakerangerealty.ca

Home, Business, Personal Shop

ASKING $323,000 YOU, decide! This 4200 sq. ft. building has been very well maintained and offers a full 2100 sq. ft. 3 bedroom home with formal dining room, living room, family room and large deck overlooking your private backyard space. The main level of the building has a lunch room, 3 pc. bath, fabrication shop, workshop, garage etc. Heated by two Geo-Thermal units. Build your business from this great location. Centrally located in the 11265284_4115 town of Lucknow.

SINGLE-TENANT INDUSTRIAL INVESTMENT FOR SALE SINGLE-TENANT INDUSTRIAL London, Ontario INVESTMENT FOR 13,500 sq. ft. buildingINDUSTRIAL -10 SALE year lease SINGLE-TENANT London, Ontario INVESTMENT SALE Annual Net RentFOR is $54,000 13,500 sq. ft. building -10 year lease London,$695,000 Ontario Asking: Annual Net Rent is $54,000 13,500 sq. ft. building -10 year lease Asking: $695,000 Annual Net Rent is $54,000 DEVELOPMENT SITE – LONDON Asking: $695,000 Power of Sale – 34,375 sq.–ft. (approx.)

DEVELOPMENT SITE LONDON Mixed Use – up to 154 Residential Units Power of Sale – 34,375 sq. ft. (approx.)

DEVELOPMENT SITE – LONDON and–9up Commercial Units Units Mixed Use to 154 Residential Power of Asking: Sale – 34,375 sq. ft. (approx.) $1,500,000 and 9 Commercial Units Mixed Use – up to 154 Residential Units Asking: $1,500,000 Contact: Bensette, Broker andDale 9 Commercial Units and VP Royal LePage Triland Realty, London Asking: $1,500,000 Contact: Dale Bensette, Broker and VP Ext. 314 Royal519-672-9881, LePage Triland Realty, London

Contact: Dale Bensette, Email:519-672-9881, dalebensette@royallepage.ca Ext.Broker 314 and VP Royal LePage Triland Realty, London www.commercialsales.ca Email: dalebensette@royallepage.ca 519-672-9881, Ext. 314 www.commercialsales.ca Email: dalebensette@royallepage.ca

www.commercialsales.ca

10640536_4115

Amanda McClenaghan

Southwest Ontario

Volume 15 Issue 10

Peter Piazza SALES REPRESENTATIVE

TRILAND REALTY BROKERAGE Independently Owned & Operated

OFFICE 519-661-0380 11301570_4115

519-319-9030 www.ppiazza.com

4115_DJW_0074

LARGE COMMERCIAL OFFICE BUILDING

Excellent retail/office building. Located at the corner of York and Lyle Street with plenty of parking. Property includes two residential houses 350 and 354. Lyle Street zoned R4-6. 30,000 square foot building easily dividable set up as mixed use retail. Current tenants include doctor, travel agent, research. Large open spaces lend themselves well to use as home improvement store, studios, pharmacy, hardware, etc. Easily divided into smaller units. Potential for owner occupied with investment opportunity. Based on market rents in the area potential gross income is over $325,000 potential net is $168,000 for a cap rate of over 8.4%.

ASKING $1,990,000

Additional Parking

4115_DJW_0075

Extra Income

4115_DJW_0076

Please say you saw it in The Commercial Investor

COM_4115.indd 15

2015-10-09 7:30 PM

16

Volume 15 Issue 10

Commercial Real Estate & Business Opportunities

INVESTMENT FOR SALE WOODSTOCK

335 BEECH STREET LUCAN, ON

519-539-2070 ROSEMARY BROWN PETER VANDERSAR SALES REPRESENTATIVE

BROKER

519-532-9049

Southwest Ontario

rosemarybrown@royallepage.ca

519-536-1200

peter@petervandersar.com

FOR LEASE

11301339_4115

5 HURON STREET, WOODSTOCK

BASE RATE: $13/MONTHLY/SQUARE FEET

Asking price: $2,913,500

Eavan Travers CCIM

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.

11281459_4115

28 Two-bedroom units with Elevator

820 or 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 and a new pizza store. Across the road are Tim Hortons, Rogers, Easy Financial, Twice The Deal Pizza and Wings and the Rexall Plaza. C5 Zoning.

4115_DJW_0028

Sales Representative

RE/MAX Advantage Realty Ltd. Brokerage

1-855-649-6001 • eavan@eavan.ca

4115_DJW_1_0689

What our clients are saying about us “Thank you for your great service.

This current ad will pay off & the price points are great $300,000 & up... ” - Nelson Conroy

D L O S

2914_DJW_0044

Oct 10 -

Nov 7, 2015 , Volume

INCORPO Full Coverag

15 Issue

RATING FRANCH

e Area Incl

uding Win

10

ISE AND BUSINESS

dsor, Ham

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

ilton, Toro

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

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

The buildin great conditi g is in on with a and operati new roof ng elevato r. Located on the Hamilt on Mounta along the in, busy Upper St. corrido James r just North expressway. of Lease rate the per sqft. is $13 plus $2.49 million TMI or asking to purcha se.

Nicholas

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

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

Banker ors.

Commercial ng, Broker of 1155 North Integrity Real Record Estate Servic Oakville, e Road W, Suite7 Inc., Brokerage Tel: (289 ON L6M ) 291-5 3E3

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and Ottawa!

$2,690,0

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

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

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

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

JUST MINUTES TO THE CAMPUS OF THE UNIVERSITY OF WESTERN ONTARIO $379,000 The features of this 1 3/4 Storey investment include 5 bedrooms, 3 bathrooms, single detached garage for additional revenue & a Triple ‘A’ location. On the WEST side of Richmond St. Inside features include hardwoods & ceramics.

Spacious layout with 3 “common areas” for studying, lower level laundry & newer furnace. Students will feel this is their “home away from home”. The benefits to UWO students is the easy access to campus & the quiet residential area for the serious students what wish to excel. The bus is within a block to Maisonville Mall & many amenities. This property will truly attract the best students! Call me to view anytime.

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

COM_4115.indd 16

2015-10-09 7:30 PM

Volume 15 Issue 10

17

Commercial Real Estate & Business Opportunities

George Gicopoulos Sales Representative

OWNER USER RESTAURANT WOODSTOCK - $895,000

Approximately 44,000 sq. ft. of land next to Walmart and Home Depot in Woodstock's prominent commercial node. The building is about 8,500 sq. ft. on main level with about 2,000 sq. ft. on second floor. Over 80 paved parking spots.

Great exposure, location and investment for the future!

4115_DJW_2_0081

*Independently Owned and Operated

RETAIL/RESIDENTIAL PROPERTY - $699,000

LONDON BURGERS $169,000

Coffee Shoppe Tenant on main floor, on a 3 year lease with 2 renewal options. Five (5) residential apartments with Tenants paying their own heat & hydro. Building in great condition with recent renovations and building improvements. Great return on investment.

Great burger place serving breakfast, gyros, souvlaki, etc. beside burgers. Well known good reputation. Corner location in between two High Schools with over 3,500 students. Closed Sundays, holidays and a full week in the summer.

4115_DJW_3_0053

4115_DJW_0090

9995828_4115

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

Southwest Ontario

Royal LePage Triland Realty, Brokerage*

Near London Burger Place $129,000 Exeter fully equipped cafĂŠ ready to go $2,300/net Ring-A-Wing Franchise, London $189,000

$450,000

Great owner user scenario. Ideal for many uses including previous use as cafe. Many upgrades to the building in the last 8 years including electrical, plumbing, HVAC units, etc. Rent free main floor (used as Cafe recently) with three residential units above paying the mortgage. All chattels & fixtures in place just add stock and you're in business. Approximately 2,300 sq ft main floor cafe also for lease at $2300/month net. 4115_DJW_2_0047

Pub/Restaurant, London Great Lease $229,000 Cafes, Restaurant, Pubs, Big or small.

We sell them all.

RESTAURANT BUSINESS - $565,000

Great restaurant/grill; very well known with great reputation. Excellent sales and profits.

Approximately 4,000 sq. ft. Licensed for 145 inside plus patio. This is truly a money maker.

Great long term lease with rental costs below 4% of yearly sales. Property for sale. 8.5% CAP RATE.

4115_DJW_2_0050

PUB/RESTAURANT

LONDON LOCATION $229,000 Great business, low rent, long term lease, owner anxious

SUBS, WRAPS & PITAS

$59,900 Monday to Friday 9 am to 4 pm Office building location, easy operation, great lease.

FOR LEASE

FREE STANDING BUILDING - $950,000

BUSINESS FOR SALE $247,000

Investors dream totally carefree investment with great national Tenant, with multiple locations, on a long term triple-net lease. Free standing building in thriving community of Kincardine; close to Bruce Nuclear Power Plant. Over 7% cap rate for this free standing building in A-1 Condition.

Great upscale family eatery. In operation for many years with great reputation and good sales and profits. Approximately 90 seats licensed under the LLBO. Very good condition, excellent long term lease. Open 6 1/2 days closed Sundays at 3:00 p.m.

4115_DJW_1_0048

4115_DJW_2_0049

London - 1166 Commissioners Rd., 1190 sq ft - $12.00 net London - 884 Adelaide Street., 2400 sq ft - $16.00 net Goderich - 394 Huron Street., 700 sq ft - $15.00 net

Please say you saw it in The Commercial Investor

COM_4115.indd 17

2015-10-09 7:30 PM

18

Volume 15 Issue 10

Commercial Real Estate & Business Opportunities

Brian De Melo

Sutton - Huron Shores Realty Inc. Brokerage

Sales Representative briandemelo@gmail.com

Landco Realty Brokerage 11301491_4115

519-797-1007 1-888-727-1007

Sales Representative marcodemelo@royallepage.ca

Southwest Ontario

22740 HAGERTY RD, NEWBURY $249,900 Great opportunity to live and operate your own business from home. Very popular establishment, Southside Restaurant has been running for 13 years with over six figures in sales per year with room to grow. Currently only open 5 days a week for breakfast and lunch; imagine if it were open longer! Seats 40 patrons and has recently been inspected/certified by local health unit. Many updates and equipment purchased in the last few years. Business is well located with high exposure and high traffic volume on a busy intersection beside the hospital. Outside features gorgeous gardens and potential areas for patio and outdoor seating. One and a half storey home attached w/2 beds, living and dining rooms, and updated kitchen. Bachelor apartment potential w/the fully fiinished loft with separate entrance. Roof replaced five years ago and new AC two yrs ago. Business only also for sale. It's time for the owners to retire and pass this turn-key operation to an aspiring entrepreneur.

4115_DJW_0066

11241815_1314

519.673.6941

Independently Owned and Operated

Marco De Melo

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

Brian Shular

Doug Freiburger

Kaitlyn Shular

Judy Howard

Broker of Record

Sales Representative

Sales Representative

Sales Representative

1/2 BLOCK OF PRIME DOWNTOWN PORT ELGIN

544 Goderich St., Port Elgin $1,499,999 695 HAMILTON RD, LONDON $134,900

• Well known Ralph's Hi-Way Shopette • 6 Commercial Rentals, 3 Apartments & 4 Bedroom House

• Century Home has In-ground Pool & over 2,000 sq. ft.

• MLS #411046000402600 2915_DJW_0106

2915_DJW_0107

PRIME HWY. COMMERCIAL 5097 Hwy. 21, Port Elgin

$489,000

Sellers are willing to Hold the Mortgage w/$100,000 Deposit Business & Inventory Negotiable Would make an Ideal Small Engine Repair shop MLS #411044000520500

Very clean and fully equipped business. Well established profitable family business operating with the same name and location for over 45 years! Located on Hamilton Rd. offering great exposure thanks to the several businesses and schools surrounding, as well as traffic.

4115_DJW_0067

2915_DJW_1_0079

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

11007505_4115

Dave Spencer SAL E S RE PRE SE NTAT I V E

62 1st Avenue South H: Chesley, Ontario N0G 1L0

519.363.2410 PHONE: 519.363.3726 davespencer@bell.net

HEART OF DOWNTOWN

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

Good investment opportunity.

$120,000

$119,900

2915_DJW_4_0018

EIGHT UNIT INVESTMENT

2 commercial units and 6 residential . Great location with parking.

Building is in good condition.

$144,900

EXCELLENT OPPORTUNITY

DURHAM 4 PLEX

2915_DJW_1_0020

$239,900

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. West facing deck to enjoy summer evenings. Sits in the heart of Chesley's downtown core.

2915_DJW_2_0019

3-2 bedroom units and 1-1 bedroom unit.

Shows good return and is in good condition.

Recently updated.

2915_DJW_0058

Please say you saw it in The Commercial Investor

COM_4115.indd 18

2015-10-09 7:30 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_4115.indd 19

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20

Volume 15 Issue 10

Commercial Real Estate & Business Opportunities

Hamilton

H

A

M

I

L

T

O

11292930_4115

11294991_4115

N

Mazhar Roshan Sales Representative

905.929.9800

Direct

LAND FOR SALE

RE PR DU ICE CE D

LO ON TS LY LE 3 FT

905.318.3800 24 Hr. Pager 647.609.9463 GTA Direct mazharroshan@sympatico.ca

LE FOR AS E

Excellent investment opportunity for builder or your own home.

Attractively priced bldg lots in prime Niagara area. Mins to QEW, Niagara Falls & US border. Nice country setting with munic water & n/gas avail.

12 lots to choose from, 1 with 4 acre parcel. Buyer responsible for costs, availability of permits, levies & dev charges.

4115_DJW_1_0064

DESIRABLE ANCASTER LOCATION

On Wilson Street at the corner of Hwy #52. Across from the Ancaster Fairgrounds. Brand new Esso Gas Station and a modern restaurant coming soon. 7 units to choose from, has 2 bay auto garage. Good for any type of retail, office, commercial, warehouse or other uses. Call listing agent for further details.

4115_DJW_1_0027

BUSINESS OPPORTUNITIES

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

Call for details.

BAR AND EATERY - $119,900

GUELPH LINE, BURLINGTON - $89,900

Located in Stoney Creek, doing over 10K per week, full equipped and licenced for 110 person, this is a turn key operation. Great for family business. Owner absentee operation. Just buy it and start making money, long lease, reasonable rent.

4115_DJW_1_0026

Long established Thai restaurant in the heart of Burlington doing over 22K p/m. Good for family business. For more details call LBO

FOR LEASE BRANTFORD

RETAIL STONEY CREEK MOUNTAIN

Retail commercial space in strip plaza. Anchored by Tim Hortons. Close to 403 exit and rapidly growing commercial sector. Suitable for many kinds of retail, commercial or office uses, TMI for 2012 is $5.00 per square foot, call LBO for more information and showings.

4115_DJW_1_6668

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.

4115_DJW_1_0024

4115_DJW_2_0032

If you are looking to open a nail and massage spa, I have an opportunity to takeover an existing business that would cost less than to open a new business!

Nice set up. All equipment included. Call for details.

“My Business is to Sell Your Business�

Please say you saw it in The Commercial Investor

COM_4115.indd 20

2015-10-09 7:30 PM

Volume 15 Issue 10

21

Commercial Real Estate & Business Opportunities

TONY HOZJAN

Escarpment Realty Inc., Brokerage

Broker

Independently Owned & Operated

Office: 905.573.1188

Direct:

905.517.1149

INVESTMENT OPPORTUNITY DOWNTOWN HAMILTON Entire city block 1.3 acres 21,000 sq ft retail.

Income after expenses $480,000. Subway, Hasty Market, Rexall Drug Store. Excellent redevelopment potential.

Hamilton

8480843_4115

www.tonyhozjan.com | tony@tonyhozjan.ca

$8,000,000 3315_DJW_0086

SUITABLE FOR NAIL SALON/SPA

TURN KEY Restaurant/bar liquor license 4200 sq. ft. Lease it, stock it, and open up and start making money.

Includes equipment.

Plenty of parking.

Asking

Approx. 1250 sq. ft of space. High traffic volume 55,000 cars per day. Close to St. Joes Hospital, Downtown and GO Station.

$18/sq ft.

Asking

3315_DJW_0089

$18/sq ft.

3315_DJW_0088

ALTERATION BUSINESS

DREAM RANCH 50 ACRES

Be your own boss.

Low rent $720 month.

Hamilton West Mountain location.

Buy it today and start making money.

Close to Hwy 403 and #6. Approx. 5 acres bush/stream and 45 acres workable.

Good down payment seller take back 1st mortgage.

$39,900

$599,900

3315_DJW_0087

3315_DJW_0085

RICE LAKE Cottage life without the work.

Co-Ownership, maintenance fee $225.

Enjoy the 11 acres, heated inground pool, boating and fishing. When you're away rent it for $1700 weekly.

Offered at $249,900 3315_DJW_0084

Please say you saw it in The Commercial Investor

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22

Volume 15 Issue 10

Commercial Real Estate & Business Opportunities

WHY IT’S TIME TO INVEST IN THE AMBITIOUS CITY

BY DEREK DOYLE

TALK OF THE TOWN You keep hearing how great Hamilton is, and now you want to see the proof. The Ambitious City has plenty to show for itself, in every neighbourhood east, west, and everywhere in between. Whether it be development projects in the downtown core, the newly announced LRT transit system, or innovative coworking spaces, Hamilton is the definition of an investor’s dream: full of opportunity and ready to explode with activity.

THE NUMBERS

Hamilton

Recently, Hamilton has been breaking records across the board. The city’s average increase on residential taxes remains one of the lowest in Ontario with an increase of only 1.5% over the past five years. Likewise, mortgage interest rates are at an all time low, appealing to buyers even while property values rise steadily. Notably, last year was the first year in which the value of residential construction projects downtown surpassed the value of nonresidential projects. With that being said, Hamilton’s building permit construction value has topped the billion-dollar mark in four of the last five years.

According to The Realtors Association of Hamilton Burlington, the city’s average sale prices and sales of all real estate have significantly increased (to 17.3% and 7.2%, respectively) in the past year alone.

Properties in this hot Hamilton market sold 12.2% faster in the freehold market and 2.5% faster in the condominium market compared to 2014. Likewise, Hamilton’s sharp decline in vacancy rates is another sign of growing prosperity. While other Ontario cities’ vacancies are edging upwards or remaining the same, Hamilton has shown a 1.8% decrease.

SO WHAT’S HAPPENING?

CMHC OF HAMILTON MARKET RENT 2014 PROPERTY TYPE

AVERAGE MONTHLY RENT

RENTAL BUILDING 6+ UNITS

$815

BACHELOR

$582

1 BEDROOM

$744

2 BEDROOM

$899

3 BEDROOM

$1,030

With multiple ongoing projects and commercial opportunities, Hamilton has become the definition of an ambitious city. Over the past six months alone, the downtown core has seen major transactions hitting well over the million dollar mark. The Ball Packaging building sold for $5.4 million and includes 7.5 acres of parcel land in the North end. Even though it’s in an early phase, you can expect big commercial opportunities for Hamilton businesses attached to this property. The Royal Brickworks is also part of an exciting revitalization. Aside from the fact that it sold for $2.1 million, it comes with a dynamic renewal plan.

New York inspired upscale rentals will be available at Brickworks which sets the tone for a competitive advantage. Tenants will be able to enjoy the feeling of a condo at lower costs. It also encourages outsiders to enjoy our city luxuriously without being fully committed. Additionally, new developers now reign over the 50 year old vacant Treble Hall building which sold for

COM_4115.indd 22

$2.8 million. The saviours of the space also plan to implement upscale rental units. More recently, the city’s eastend block of apartments in Riverdale, caught the eye of Ottawa investors, and sold for $51 million. Not only is the city busy restoring the historical capital, but it’s also developing the newest and most innovative projects. The Tivoli, constructed by Diamante Investments, resides on James St. N. and will have over 100 units fully dedicated to contemporary living. Likewise, the Connolly is combining historical and contemporary flares together harmoniously. Located on James St. S., the property will utilize the ageold church within its new mixed use development.

Also, hitting the emotional and economic note is the famous Royal Connaught. The revitalization of the historical building is definitely noticed as it spans an entire block. These are just a few examples of upcoming projects which are the definition of opulent condos in an excellent location.

2015-10-09 7:30 PM

Volume 15 Issue 10

23

Commercial Real Estate & Business Opportunities

CoMotion offices on King St. E. take pride in changing the ways of the workplace. The recently opened coworking space is the current largest in Hamilton and is attracting the new wave of young professionals. The goal of this space was to begin building a unique entrepreneurial culture and it has quickly been accomplished. More specifically, it’s home to the development of startups, and the city’s existing small businesses. CoMotion strategically partnered with Hamilton HIVE and the Hamilton Freelancers Association to host their events. Similarly, Platform 302 on Cumberland Ave., is another economic hub assisting the launch of over 20 businesses. Both ventures have come at a good time as there was a 5% increase of fulltime jobs in 2014. In terms of Hamilton’s personal services, McMaster University debuted their eleven year project this past spring. It holds the title of Canada’s first colocation of public health services and academic primary care. The program aims to motivate students to contribute to the community and is providing practical opportunities to shape the city’s future leaders. As well, cultural, commercial and recreational uses will gain traction throughout the next five years at the West Harbour Waterfront. It comes with a plan that has already approved projects for retaining the existing shoreline and buildings, while permitting boat clubs to continue their operations.

Notably, Hamilton is advantageously located, holding the title of being a transportation hub for the Goods Movement Industry.

Home to The Port of Hamilton, John C. Munro International Airport and its proximity to multiple rail lines and 400 Series Highways, it’s undoubtedly the perfect candidate. The Metrolinx West Harbour GO station is another venture that adds value to real estate in the area. Additional transit is always welcomed by Hamiltonians, especially for the many commuters, when it’s a few blocks away. The province’s plan in 2024 is to launch a $1billion light rail transit system in Hamilton. This includes a spur line that will cross over Barton on the way from King Street to the GO station. More recently, a GO Bus connection fromHamilton directly to the Pearson Airport has been implemented. Overall, within a 30 minute commute, Hamilton has easy access to a highly skilled, well educated and productive labour force of over one million people.

A Complete Street policy is also making its way into the city, ensuring safe access to pedestrians, and bicyclists. They are being promoted by many community leaders, including the Hamilton Hive, in order to advocate healthy lifestyles, equity and cost savings.

Hamiltonians are quickly on board with the city’s bike share plan as there is currently over 5,300 members. Besides being a health conscious alternative, bike facilities have shown to increase retail sales at neighbourhood stores. Continuously implementing Complete Streets will shape up both the community and the city’s economy.

Hamilton

TRANSPORTATION: THE INS AND OUTS

MOVING AMBITIOUSLY FORWARD

Research programs and grants are helping Hamilton move forward. For more than a year, the city has been working on a plan, known as the Barton StreetKenilworth Avenue Commercial Corridors Study, to boost business along Barton Street and Kenilworth Avenue.

Correspondingly, the James Street North Mobility Hub Study was initiated to study the area around the GO Transit station and identify opportunities and actions required to achieve a successful Mobility Hub. Supportively, Hamilton has distributed millions in grants and loans to fix facades, preserve heritage buildings and improve dilapidated buildings, all adding up to more than $300 million. Last year alone, there were 220 incentives given out on a smaller scale. Not to be overlooked, an average grant of $14,716 multiplied by the 32 projects it was given to, has led to a $1.25 million improvement for the BIA’s.

A few important grants for the city include: The Commercial Facade Property Improvement Grant Program The Hamilton Downtown MultiResidential Property Investment Program Neighbourhood Action Grants Business Improvement Area Commercial Property Improvement Grant Program Overall, Hamilton is now home to many transitioning neighbourhoods with low prices, giving it a large potential to increase its value over the next few years. The big investments are only going to propel the city forward. Not to mention, Hamiltonians are full on supporters of the city’s small businesses and are advocates of crosspromotion and shopping local. All signs point to an upward trend in Hamilton’s economy, so the next question to ask yourself is “What can Hamilton not do?”

THIS INFORMATION HAS BEEN PROVIDED BY:

11301474_4115

Please say you saw it in The Commercial Investor

COM_4115.indd 23

2015-10-09 7:30 PM

24

Volume 15 Issue 10

Commercial Real Estate & Business Opportunities

Larry Szpirglas

Tricia Taffs Sales Representative

11301338_4115

Toll Free: 1-866-608-7362 Office: 905-525-2720

Tel: 905.648.4451 Email: larryszpirglas@royallepage.ca

FOR SALE OR LEASE

3715_DJW_0013

TriciaTaffs.com triciataffs@remaxescarpment.com

BROKER

SALE PRICE:

Hamilton

$550,000 LEASE PRICE:

$2,800/MTH

EXCELLENT UPPER JAMES LOCATION!

Large home nicely renovated with in law set up and separate entrances.

Fully occupied. Great investment to live/rent opportunity.

Fantastic Cork Town Location.

Call today for more details or to set up a private showing.

• 2 stry retail/office building • high traffic location • 2 parking spaces • 2 washrooms • close to public transportation, Linc, 403, shopping • can be single user or for two tenants

11292618_4115

Ramzi Twal Sales Representative 905.741.7221 | 1.877.938.1110 ramzi@ramzitwal.com www.ramzitwal.com

PINNACLE REAL ESTATE BROKERAGE Each Office is Independantly Owned and Operated

11230151_4115

ASKING $79,900

ASKING $189,900

Wellness Centre, Naturopath, Massage Therapy, Acupunture, Botox Treatment and more. Established business for 12 years in an excellent location.

Location: Ancaster Meadowland Power Centre. Business suitable for a Health & Wellness Practitioner. Business has a roster for approx.

5300 patients. It is a turn key business. MLS® H3167190 4115_DJW_0068 Central Hamilton investment. Two family house presenty rented for $1450 per month.

The area is going through a noticeable urban renewal. The property is well looked after with ceramic and laminate throughout and partly finished basement. MLS® H3168166 4115_DJW_0069

Please say you saw it in The Commercial Investor

COM_4115.indd 24

2015-10-09 7:30 PM

Volume 15 Issue 10

25

Commercial Real Estate & Business Opportunities

INVESTPRO REALTY LTD.,

VMYSL

BROKERAGE

Specializing in Multi-Residential Listing and Sales

Dino Nicosia, Broker of Record

“Your Investment Partner for Life”

Kandy Thompson,

Sales Representative

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

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

www.investprorealty.com NEW LISTING, 4 PLEX ST. CATHARINES

Great condition and location.

Great condition.

Fully rented.

For details visit our website.

For price and details visit our website.

SOLD AL ITION OND

Hamilton

6 UNITS NEAR MAC UNIVERSITY

C

4115_DJW_0048

4115_DJW_3_0067

MIXED USE - 4 UNITS, DOWNTOWN

8 CONDO TOWNHOUSE COMPLEX, EAST HAMILTON

CE

I

W

NE

PR

2 Commercial spaces and 2 large luxuryDapartments E $2,000 sq ft Lover L E C CAN each. Fully rented with long term leases. For more details visit our website

Great East Hamilton location.

Minutes to Redhill Express. Can be sold individually. Large 2 and 3 bedrm condos, with rents below market. For more details visit our website.

4115_DJW_1_0112

9 UNITS, EAST MOUNTAIN

D ELLE

CANC

Fantastic location. Rare find! Owner is retiring. Rents have great upside. See our website for details.

12 UNITS, HAMILTON D TE VA ION O S N N RE MA

W NE ICE PR

SOLD

Great condition and location.

Never any vacancy.

See our website for details.

4115_DJW_2_0052

4115_DJW_1_0035

COMPLETELY RENOVATED. MONEY MAKER!

Great condition and location.

Renovated, spotless building.

Never any vacancy.

Safe investment.

W NE ICE PR

Visit our website for details.

6 units, in one of the best locations in Niagara Falls. For details visit our website.

4115_DJW_1_0054

4115_DJW_3_0051

10 UNITS EAST HAMILTON

4115_DJW_0049

4115_DJW_1_0078

11 UNITS, DESIRABLE EAST HAMILTON

3 COMMERCIAL & 16 RESIDENTIAL, HAMILTON ME SO ES S D ED RA NE UPG

SOLD Near Gage Park and the Red Hill Express.

Great condition. Rents are low with huge upside. It could be purchased with the 10 units. For more details and financials visit our website.

4115_DJW_1_0095

SOLD

Great upside opportunity. East Hamilton near Ottawa St. shopping district. Arrange own financing. VTB Second mtg. Priced for quick Sale. Visit our website for details.

4115_DJW_1_0059

“Ready to invest?...you deserve the best” Please say you saw it in The Commercial Investor

COM_4115.indd 25

2015-10-09 7:30 PM

26

Commercial Real Estate & Business Opportunities

Volume 15 Issue 10

MAKING AN OFFER TO PURCHASE ON INVESTMENT PROPERTIES. 8171452_4115

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

Hamilton

S

o you have decided to invest in real estate and have found the property just right for you. You are now ready to take the next step by submitting an offer to purchase.

However, before you proceed with making the offer, ensure that an experienced realtor or lawyer who is familiar with investment properties represents you.

Consider that when you are buying a home you are basically buying bricks, mortar and land. However, when buying an investment property, in addition to the bricks you are also buying rental income and are assuming tenants. Along with tenants comes all the rules, regulations and laws that accompany them. There are many extensive regulations and by-laws such as Fire, Zoning, Health and Safety issues and so on.

Your offer must have the appropriate clauses and conditions to address all of the above-mentioned rules and regulations.

TENANTS Your offer should request signed Tenant Acknowledgments on or before closing date, whereby a tenant confirms in writing the following: • Monthly rent, • Rental deposit paid and when, • Move-in date, • Whether any appliance is owned by the tenant, • Whether any utilities are paid by the tenants, • If there are any ongoing Landlord and Tenant disputes • Date of last rent increase • Any interest paid on the rent deposit Should a few tenants refuse to sign the acknowledgement, then a Declaration signed by the Seller would be a good substitute.

EQUIPMENT AND SUPPLIES Other information that the offer must contain is confirmation of all equipment and chattels that belong to the property are included in the purchase price (i.e. lawn equipment, vacuum cleaners, appliances, snow blowers, cleaning and hardware supplies, etc.).

RENTAL EQUIPMENT Ask for a list of rental equipment that comes with the property and a copy of the contract, if to be assumed. Sometimes laundry machines, hot water tanks and even boilers may be on a rental contract.

FIRE CODE REGULATIONS The offer should require that the Seller provide a “Letter of Compliance” from the Fire Department confirming the Fire retrofit was completed and is in compliance. It is highly recommend that the

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Commercial Real Estate & Business Opportunities

offer requests a copy of the annual fire inspection certificates, completed by a qualified technician.

ZONING REGULATIONS The offer should request that the Seller provide a copy of a Zoning Certificate which verifies that all units in the property are self contained, legal and meet the zoning bylaws. Also ask for confirmation that no outstanding work orders exist.

REQUISITIONS The offer should also be conditional upon receiving a copy of the following: • All existing contracts, warranties and invoices for recent capital expenditures, • Utility bills for at least 2 years, • Financial statements for at least 2 years, • Existing survey, • Insurance policy, • Current detailed rent roll, • All inspection reports in Owner’s possession (i.e. Structural, Environmental, Appraisal etc.), • Any Rent Review Order available INSPECTION CLAUSE Consider including a clause allowing for a full property inspection including all units; this is an escape clause terminating the offer if you are not completely satisfied with the said inspection. This condition should be for the benefit of the buyer, and must contain the wording “at your sole and absolute discretion”. This means that, if for any reason you don’t like what you see, you can walk from the offer without providing any grounds.

INSURANCE CLAUSE With today’s strict rules and regulations some properties may not be insurable due to environmental or electrical issues, etc. If there are issues, the insurance company may reject to insure or charge a premium. For these reasons, the offer must contain a conditional clause allowing the buyer to obtain satisfactory insurance at the Buyer’s discretion.

FINANCING CLAUSE Unlike residential purchases, the conditional period for arranging financing should be extended (15 to 30 business days). Reason being, commercial lenders will likely request an appraisal, environmental and/or structural studies before final approval. If you plan to go with a CMHC insured mortgage, be prepared to extend this clause for a much longer period. This condition should be for the benefit of the buyer, and must contain the wording “at your sole and absolute discretion”. This means that, if for any reason you don’t like the mortgage proposal(s), you can terminate the offer from the offer without providing any grounds.

Hamilton

Volume 15 Issue 10

Failure to address any of the above matters may result in unnecessary grief, potential lawsuits and the possibility of paying too much for the property.

SELLER WARRANTIES The offer should contain a clause where the Seller warrants and represents items such as but not limited to the following; 1. That all devices, equipment and/or other fixtures will be in working order on date of closing.

2. That the Seller is not aware of any structural defects, hidden damage caused by water seepage or flooding.

3. That all rents as they now stand are in accordance with the RESIDENTIAL TENANCIES ACT 2006, All of which the warranty shall not merge but survive closing; ENVIRONMENTAL Today more than ever, this is a major issue for lenders and buyers. A clause must be inserted that allows the Seller to disclose and warrant that “there is not in, on, under or about the Property any toxic or hazards substances. “ Confirm and ask for warranty that there are no hidden underground oil tanks.

Not all issues are covered in this article. For more information on Commercial Offers and related Schedules, contact the writer. Consulting fee applies.

8171394_4115

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Volume 15 Issue 10

Commercial Real Estate & Business Opportunities

8171399_4115

RE/MAX Escarpment Realty Inc Brokerage

Hamilton

4011 HWY 6, HAGERSVILLE $1,975,000

1834 HUTCHINSON ROAD, DUNNVILLE $1,500,000

681 CONCESSION 14, TOWNSEND $799,000

Valuable 10.06ac comm. prop in E. Hagersville. 60-90 mins S. of Toronto. Incs 3 bldngs - Bldng #1 - 14,000sf w/20 offices, 5 baths, 3 kitch, 3 sep. security zones, incs 4000sf htd warehouse. Bldng #2 - 9400sf, 7 bays, UL offices, rented to quality tenant. Bldng # 3 - 1800sf + 1300sf lean to. Huge pvd lot. Enviro reports avail. Zoned MG. 4115_DJW_1_0036

Turn-key Family owned/operated (60+yrs)Prov. Inspected Meat Abattoir on 9ac. 70-90mn. Toronto near Dunnville. 9000 sf slaughtering/processing facility w/"A" audit grage, 3000 sf coolers, 2 loading docks-all equipment-sch.att. Slaughtering apx. 40 markets/110 BBQ's daily-4days a week. 1.5 stry dwelling. Servicing Toronto Chinese Market.

4115_DJW_1_0049

Profitable, family owned/operated greenhouse business growing hydroponic cluster tomatoes since '94. Sit. 3.89 ac. incs 82,228 sf poly-houses, renoed 1.5 stry home in Norfolk Cnty E./Simcoe. P&L avail. Serious buyers only confidentially agreement required. Equipment sch.att. Seller will train. Immaculate property!

4115_DJW_1_0050

1812 THOMPSON ROAD, WATERFORD $729,000

63 8TH CONCESSION, BURFORD $949,000 Pristine 37.57ac income producing property situated across from Burford's southern urban boundary. Incs century 4 bdrm home (circa 1900), 36x40 insltd stl clad wrkshp, 2007 w/conc. flr + 2 - 12x12 drs, 50x80 free-span I-beam building, rented to feed supply/ retail tenant + 35ac vegetable soil. $21,100 annual income. *Zoned "A" 4115_DJW_1_0037

4115_DJW_1_8000

Exceptional 24.66 ac multi-purp. property incs. 1992-4 lvl sidesplit w/.garage, det. wrkshp., 5402 sf. Prov. inspected Abattoir, +/20ac. sys. tiled wrkble land_lrg paved prkng lot. Continue as Turn-key meat faculty-ideal for landscaper, trucker, hobbyist-90 mns/Toronto/London near Waterford.

4115_DJW_1_0051

334-338 MAIN STREET, PORT DOVER $449,000

868 NORFOLK ST S, SIMCOE $349,900

1187 LAKESHORE ROAD, SELKIRK $289,900

Prime Retail/Comm. property in the centre of trendy dwntown P.Dover. Sit. on 66' x 325' lot, inc ext. renoed brick/stone building, 2 garages (62' x 28') (22' x 31') w/5 bays, fts 4800sf retail storefrnt, updtd roof covering/HVAC/electrical/plumbing + lrg display windows. Incs 1200sf UL aprtmnt! Motivated seller!

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!

4115_DJW_1_0052

Your chance to own famous L.Erie restaurant "Parrothead Cafe" was Selkirk's premier "Hot Spot" across the road from the lake. Sit. on 2.5 ac lot zoned CR w/outdr patio. Int./ext. extensively renoed since '09. Updts/roof '08, furn/c-a '08. N. vacnt lot/E. res. prop avail. Renos require completing. Currently not operating.

4115_DJW_1_0053

4115_DJW_1_0038

14 ROBINSON STREET, SIMCOE $169,500

279 LINK ROAD, CAYUGA $214,900

Interesting 1.01 ac rural comm. property ftrs 2480sf conc. block former Firehall/EMS bldng w 13' - 23' cilings, 2 - 12 x 12 ins.

RU drs, 2 bths, 2 n/g htrs, kitchenette, 200 amp, cistern, holding tank + conc. flrs. Incs vacant former Community Hall "AS IS" no entry permitted. IC zoning allows SFR. 4115_DJW_1_0039

10.45 ACRES ON MAIN STREET, JARVIS $149,000

Prestige Ind Zoned 10.45ac parcel. N/G, mun. water/sewer, hydro at/near lot line. Flat site w/155' frntge/access Hwy 6 extends Hald Rd. 55. Buyer resp/verify zoning/uses/permits-costs of dev./lot levy/HST charges. Hi-traffic exp, VTB avail, phase 1&2+

Great mixed use property offers a hi-exposure street lvl comm unit with long term tenant in place & 2 res units on the upr lvl.1 bdrm currently rented out & freshly reno'd 2 bdrm that is available for rent. Parking in the rear produces income.

4115_DJW_1_0033

2007 MAIN STREET, JARVIS $125,000

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!

4115_DJW_0001

113 MAIN STREET, JARVIS $289,000

Calling all developers/contractors/investors-lrg 5.2 ac parcel of comm. zoned land loc. at N. end of Jarvis. Irreg. shaped lot w/ex. visual exposure+mat.tree lined side/rear boundries. Flat accessible site w/mun. water, mun. sewers, n/g, hydro, telephone+cable at or near lot line. Poss. to rezone for residential exists. Buyer to verify permits.

Please say you saw it in The Commercial Investor

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Volume 15 Issue 10

29

Commercial Real Estate & Business Opportunities

George Kyprianou

Bus: 905-574-4600 Fax: 905-574-4345

S TAT E R E A LT Y

B R O K E R A G E I N D E P E N D E N T LY O W N E D A N D O P E R AT E D

Sales Representative

FOR OVER 43 YEARS

gkyprianou@royallepage.ca

987 Rymal Road East Hamilton, Ontario L8W 3M2

11272370_4115

ANCASTER

Hamilton

COMMERCIAL SPACE

4115_DJW_0050

4115_DJW_0051

PROFESSIONAL AND MEDICAL BUILDING TO BE BUILT

Rymal Road and Upper James. Ideal location for doctors. Surrounded by stores, offices and retail business. Lots of parking for more information. Call George Kyprianou at 905-574-4600.

Downtown Ancaster. Multi use professional with wide variety of Medical uses, architecture, law, engineering, insurance, accounting firms and more. Very well designed floor layouts. Lots of parking. For more information call George Kyprianou at 905-574-4600.

10339498_4115

FOR LEASE 2,661 SQ FT

For

Further inFormation:

John hryczynski Broker

(905) email:

REAL ESTATE BROKERAGE CommerCial

John@BBsrealty.com

www.BBsrealty.com

commercial real estate

real estate sales and leasing serviCes RETAIL/OFFICE FOR LEASE 4115_DJW_1_0082

CENTRAL HAMILTON MOUNTAIN Prime Upper James Street Golden Mile location on this power retail corrider, high traffic location with easy access to major highways and residential areas. Busy 81,000 sf Retail Centre with many national destination tenants anchored by Talize, Hockey World & Beer Store. Ideal for most retail/office uses. Available: Unit 5 - 3,661 sf asking $14.95 sf net. Immediate possession.

PRIME DOWNTOWN HAMILTON LOCATION Hamilton's landmark building consisting of 220 Residential units and 70,000 sf of offices and retail space w/ underground & convenient adjoining surface parking. Walking distance to the GO Station, court houses and most other downtown core amenities and services. Prime corner location, ground floor Retail/Office Units: 2,006 sf & 2,604 sf (divisible), economically priced, asking $14.95/sf GROSS, immediate possession.

BUILDING & BUSINESS FOR SALE

RETAIL/OFFICE FOR LEASE

RETAIL/OFFICE FOR LEASE

DOWNTOWN HAMILTON DISTRICT A well established popular restaurant & building for sale with 2 commercial units and potential to renovate the vacant 2nd & 3rd floors to residential units. Excellent exposure and corner location with patio in the heart of the resurging International village district in the downtown core. Ideal for a future mixed use redevelopment site. Seller may lease back and may offer a possible VTB. Asking $1,099,000.00

4115_DJW_2_0066

EAST HAMILTON MOUNTAIN A first class busy regional retail complex, anchored by Metro Food, Shoppers Drug Mart, LCBO, department stores, banks & other retailers w/tremendous parking capacity. Available units include 13,390 sf, ideal for fashion, furniture, dollar or most retail uses; 4,036 sf, ideal for most retail uses and 1,520 sf: ideal for a bar/restaurant uses. Immediate possession.

4115_DJW_1_0089

4115_DJW_1_0083

RETAIL/OFFICE FOR LEASE

4115_DJW_1_0062

RETAIL/OFFICE FOR LEASE

529-5900 x 240

EAST HAMILTON 170 SILVERCREEK PARKWAY NORTH, GUELPH Attractive neighbourhood retail plaza in the heart of a high Located on a major arterial road across from Willow West Mall. population mixed density res. area. Easy access to Red Hill Many national tenants on this power retail strip. Unit 2 - 2,151 sf, Expressway. Units sizes vary from 786 - 6,800 sf with rental former variety store, asking $13.95/sf and Unit 7 - 4,550 sf asking rates Economically priced from $9.95 - $13.95/sf net. Ideal for $12.95/sf, unit divisible from 1,250 sf, rates vary on size. Ideal for most retail/office uses. Landlord may assist with improvements. most retail or other uses, landlord may assist with improvements.

Abundant parking. Immediate possession.

Immediate possession, loads of parking. Bonus fee to agents.

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Volume 15 Issue 10

Commercial Real Estate & Business Opportunities Visit my website

Augie

276 Main St. W. Hamilton, Ontario (just West of Queen St.) L8P 1J8

Hamilton

8471320_4115

Ammendolia BROKER

905-518-6713 Office: 905-522-6001 Cell:

HAMILTON INCOME PROPERTIES HAMILTON DOWNTOWN DEVELOPMENT SITE $1,295,000

2915_DJW_2_0037

2915_DJW_1_0083

Prime corner development site with building suitable for redevelopment to retail plaza & or high rise development. Can be purchased with adjacent property 756 King St. E. Pls. contact Augie for additional information on the proposed development.

HAMILTON CENTRE $1,495,000 - COMMERCIAL/ RESIDENTIAL BLDG. Great location. 12,000 SF - 6

2915_DJW_2_0085

$575,000 In operations for over 60 yrs presently known as Gibson Bakery, fully equipped distributing to major retailers.

Opportunity for new entrepreneur to take business to a new higher level. Close to Sherman Ave N and Barton St. The once "Little Italy" of Hamilton now enjoying new Renaissance of new business and development. Price includes business, equipment & real estate. Owner occupied 3 BR house. Approx. 5,000 sq. ft. Turn key operation.

Great corner location in the heart of Ottawa St. Hot business district. 3 stores plus 3 apts above plus income for Pattison Billboard signs, rear parking. Annual gross income approx $73,000.

2915_DJW_0017

HAMILTON MOUNTAIN COMMERCIAL SPACE FOR LEASE

$800,000

6 UNITS CENTRAL HAMILTON

Charming 6 units bldg in trendy South Central Hamilton near Stinson School Lofts. Tenant pay hydro. On site parking and laundry. Adjacent 6 unit bldg. available for sale as well.

2915_DJW_1_0043

$1,800/MTH Business 15 yrs in this location. Located at Upper Ottawa St suitable for many types of businesses. Office + washroom & 2 storage rms. Total space of approx.

1,100 SF. Tenant pays heat, hydro and water, tax $163 per month, (Pls call Listing Brokerage for more info).

2915_DJW_0100

2915_DJW_1_0078

6 UNITS CENTRAL HAMILTON

$897,900

Large 1st flr. Commercial space available for various uses. i.e. offices, retail, restaurant, medical offices.

High visibility and traffic flow, corner property with ample parking.

commercial units at Ground Flr plus roof sign & 8 apt units above with separate heat & hydro constructed approx. 20 yrs. ago.

Ground flr. Commercial includes fully equipped restaurant to be leased & laundromat operated by owner. Part of possible land assembly 752 King Street East and 734 King Street East presently for sale. Close to downtown. LOT 2915_DJW_2_0084 SIZE: 107.3 FT X 158 FT.

WELL ESTABLISHED HAMILTON BAKERY (BUSINESS AND REAL ESTATE)

3 STORES + 3 APTS OTTAWA ST

FOR LEASE MAIN ST.

$800,000 Charming 6 units bldg. in trendy South Central Hamilton near Stinson School Lofts. Tenants pay hydro. On site parking and laundry. Adjacent 6 unit bldg. available for sale as well.

2915_DJW_2_0044

CENTRAL HAMILTON 8 UNIT APT BLDG

$879,900

Charming 8 unit Apt Building on Main St close to Sherman Ave S HUB neighbourhood. 6 - 2 Br and 2 -1 Br Units. Nicely laid out with updated kitchens and baths with breaker panel boxes in each unit.

Rear Tenant parking with on site laundry and Balconies.

Retrofit Compliant and zoned as a purpose built 8 2915_DJW_1_0095 unit building.

LD

SO

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Volume 15 Issue 10

31

Commercial Real Estate & Business Opportunities

ADAM DEARBORN Sales Representative

(905)

401-1331

www.RockAdvisors.ca | adearborn@rockadvisors.ca Twitter - @AptExpertHamNia

A PA R T M E N T B U I L D I N G E X P E R T S 3315_DJW_0059 DOWNTOWN HAMILTON

DOWNTOWN ST CATHARINES

Hamilton

With basement, on a 0.65 acre parcel of land. Gross floor area (GFA) of approx. 76,370 sq ft, zoned medium high density mixed use and permitted uses include apartment, hotel, long term care facility and commercial uses.

6 STORY OFFICE BUILDING

42 INDIVIDUALLY TITLED TOWNHOMES

3315_DJW_3_0031

Offer $7,600,000 with 5.35% cap rate in London. All townhomes are 3 bedrooms, one and a half baths and have a built in dishwasher, finished recroom in the lower and central air conditioning. Mechanicals include, breaker panels, forced air gas furnace, gas hot water tank, the asphalt shingles have recently been replaced.

Flooring is carpet throughout with vinyl in the kitchen and baths.

73 brand new purpose built apartment units in downtown Hamilton, one of the country's hottest real estate markets. Located near amenities including restaurants, McMaster University, and the Hamilton GO Station. Building is energy efficient with units individually sub-metered for Hydro and HVAC. Building currently in lease up to Urban Professionals.

Please visit www.RockAdvisors.ca for complete marketing and financial information

11294135_4115

businessbarometer

C

SMALL BUSINESS CONFIDENCE CONTINUES DOWNWARD TREND IN SEPTEMBER

anada’s small business confidence dropped for a fourth consecutive month in September, slipping to 56.0.

“This is a new cyclical low for the Business Barometer Index and it’s now roughly 10 points below last year’s fall levels,” said CFIB chief economist Ted Mallett.“We’re seeing the biggest impact from confidence drops in British Columbia and Ontario, in addition to Alberta, which is experiencing all-time low confidence levels.”

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.

Optimism continued to fall in British Columbia, dropping to 62.9, well above the national average, but has now fallen 10 points since May. Alberta plunged six points this month to 34.0, a record low for this survey. Saskatchewan slipped after a large increase last month, dipping two points to 59.9. Manitoba held steady at 54.0. Ontario dropped a point in September to 59.9, its lowest level in 2015, while Quebec saw a small bump,

climbing to 59.5. Newfoundland and Labrador’s business confidence jumped to 61.5. Nova Scotia fell to 63.7, but takes over as having the highest confidence in the country. New Brunswick’s confidence remained unchanged at 61.4. Prince Edward Island saw a significant fall to 60.0, far from its yearly high in the summer.

The resources sector continues to show the weakest levels of optimism, but below-par sentiment is also significant in the construction, wholesale trade and hospitality sectors.

Employment plans are following normal seasonal patterns but are weak compared to 2014, with only 17 per cent of businesses planning to hire additional full-time staff in the next few months. Fifteen per cent plan to cut back. Plans for wage increases dropped to 1.3 per cent, while pricing plans remain high at 2.1 per cent.

September, 2015 findings are based on 726 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Data reflect responses received through September 14.

Findings are considered accurate to +\- 3.6 per cent 19 times in 20.

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

Please say you saw it in The Commercial Investor

COM_4115.indd 31

2015-10-09 7:30 PM

GREATER TORONTO AREA

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

GTA SECTION

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

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

For advertising

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

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

NewSectionPages_FullColor2015.indd 8 COM_4115.indd 32

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Volume 15 Issue 10

33

Commercial Real Estate & Business Opportunities

Betty Yong, BSc. Commercial Manager

Betty Yong’s Commercial Team

Sales Representative

bettyyong.jdlrealty@gmail.com

JDL Realty Inc. Brokerage Office: 905-731-2266 Cell: 416-918-3434

Pamela Cheung Sales Representative

Wendy Li

Sales Representative

Eleiam Huang

Sales Representative

11301585_4115

EXCLUSIVE LISTING Neighborhood plaza in Mississauga

✔

2.5 acres of land

✔

Approx. 23,600 sf leaseable space

✔

8 tenants

✔

Principal inquiries only

LEGAL SIX-PLEX • Fully tenanted • Prime Bayview & Sheppard area • Excellent future redevelopment potential

4115_DJW_0084

LEGAL 5-PLEX

BRANDED MOTEL IN NIAGARA FALLS

4115_DJW_0087

• 35 acres of farmland in York Region, Ontario • Indoor horse arena. Zoned Agricultural 4115_DJW_0085

LARGE INVESTMENT TREE FARM RIGHT AT 400/ TESTON ROAD • 93 acres of land with 3 renovated houses on the lot • Some rental income from cell phone tower ($18,000/year) • And so much more!

4115_DJW_0088

11294169_4115

• Over 80 suites with 30 years of establishment • Steps to two main casinos.

• Turn-key operation 4115_DJW_0086 • Please ask for info package

• Downtown Toronto • Gas heating, low maintenance, easy to manage • Walking distance to TTC and Public School • Please call for information package • Principals Only

LOOKING FOR A FARM?

Greater Toronto Area

✔

by

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3:47 PM

COM_4115.indd 33

2015-10-09 7:31 PM

inthenews

FEDERAL ELECTION: SMALL BUSINESS OWNERS WILL TAKE SUBSTANCE OVER STYLE Survey shows entrepreneurs will vote for best policies

W

ith Election Day just over the horizon, Canada’s small business owners will be looking to policy over personality when it comes time to cast their ballots.

According to a CFIB survey conducted this week, a majority of small business owners said the party platform was the most influential factor determining their vote.

Nearly two-thirds (64 per cent) of small business owners chose the party’s platform as the factor that would most affect their choice; 20 per cent said the party leader had the most influence; while 12 per cent said it was the local party candidate who most informed their vote.

“Small business owners know as well as anyone that policies are what really matter in this campaign, given some of the key differences in approach among the various platforms,” said CFIB president Dan Kelly.“These results suggest that most small businesses are rightfully paying very close attention to the more substantial issues in the election campaign.”

“It’s terrific to see that the length of the campaign has offered the opportunity for real discussion on concrete issues that matter to Canadians,” added Kelly.

“For small business owners, issues like small business tax rates, CPP/QPP expansion, red tape and employment insurance top the list of small business concerns.”

As a non-partisan organization, CFIB never suggests how members should vote, but does share unedited responses from all party leaders on these and other topics on CFIB’s Canada Votes page.

Other survey results showed that the election is a topic of workplace discussion at many small businesses: close to 80 per cent surveyed said it generated at least some discussion in their workplace.

The survey also found that of those who watch the federal leaders’ debates, more than half said the debates influence their vote.

To arrange an interview with Dan Kelly, please contact Ryan Mallough at 416222-8022 or public.affairs@cfib.ca.

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

COM_4115.indd 34

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Volume 15 Issue 10

35

Commercial Real Estate & Business Opportunities

ATTENTION INVESTORS

}

Do you have children attending the University of Western Ontario?

CALL FOR MY EXPERTISE IN THE AREA OF STUDENT HOUSING OPPORTUNITIES NEAR THE UNIVERSITY OF WESTERN ONTARIO & FANSHAW COLLEGE. TAKE ADVANTAGE OF MY KNOWLEDGE OF THE CITY OF LONDON BY-LAWS & RENTAL LICENCING.

11299343_4115

NELSON CONROY 519-672-9880

London South - 334 Wellington Road S, N6C 4P6

nelsonconroy@royallepage.ca

13 BED DOM/HSC GOVERNMENT CONTRACT

70 BED HOME GOVERNMENT FUNDED

ST

ST

LD

LD 3315_DJW_0060

Generic photo to protect the privacy of residents.

Government funded under the Housing with Support Program (Formerly Domiciliary Hostel).

Security of Government funding for Long Term Residents.

Same owner for 30+ years.

Owner retiring. Priced to sell.

$3,000,000

3315_DJW_2_0021

Beautifully maintained original side-by-side duplex, now zoned and operated as a Domiciliary Hostel. Ideal for an onsite owner/ operator living in the right hand side in a 3-bedroom duplex. If the owner/ operator lives on site most of the $125,000 earned income can be saved as the owner’s living expenses are included. Priced to sell.

Beautiful and spacious. Located on a ravine with easy access to transit, shopping and professional services.

$1,300,000

$665,000 3315_DJW_1_0047

Generic photo to protect the privacy of residents.

3315_DJW_0061

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_4115

$1,550,000

SO

SO 27 large suites with ensuite full bathrooms. Possible 52 semiprivate beds. Some residents are Government funded.

24 BED BOUTIQUE RETIREMENT HOME NEAR LONDON ON

F

F

RETIREMENT HOME WITH GOV'T FUNDING (OTTAWA AREA)

Greater Toronto Area

Sales Representative

Please say you saw it in The Commercial Investor

COM_4115.indd 35

2015-10-09 7:31 PM

trebreport

GTA REALTORS REPORT commercial market figures

T

oronto Real Estate Board President Mark McLean announced that TREB Commercial Network Members leased over 4.8 million square feet of combined industrial, commercial/retail and office space in the third quarter of 2015. This result represented an 18.9 per cent yearover-year decrease compared to the third quarter of 2014. Approximately threequarters of all leased space was accounted for by the industrial market segment, followed by 13 per cent for the office segment and 12 per cent the commercial/ retail segment.

per cent compared to 336 sales in Q3 2014. The number of sales were down for all three market segments.

Year-over-year changes in average sale prices, on a per square foot basis for transactions with pricing disclosed, were mixed. The average industrial selling price, at $101.68 per square foot, was down by approximately 5.5 per cent compared to Q3 2014. The average office selling price was also down substantially, but this was largely due to the sale of some larger spaces compared to the same period in 2014.

Larger properties tend to sell for less on a per square foot basis. The average commercial/retail price was up yearover-year to $211.59 compared to $179.83 in Q3 2014.

FYear-over-year changes in average lease rates, for properties leased on a per square foot net basis with pricing disclosed, was mixed in Q3 2015. The average industrial lease rate was $5.33 per square foot net – down approximately nine per cent compered to Q3 2014. The average commercial/retail lease rate was down by 2.1 per cent annually to $18.84 per square foot net. The average office lease rate was up slightly to $12.29 per square foot net from $12.24 last year.

“Economic conditions in the Greater Toronto Area remain relatively strong compared to some other regions across the country. However, it seems safe to assume that the GTA export sector still has room to grow on the back of the lower value of the Canadian dollar vis-à-vis the US. So, while commercial leasing and sales activity through TREB’s MLS® system in Q3 was slower this year compared to last, the expectation is that we will see a pick-up later this year or into 2016 as firms start to experience an uptick in demand for their goods or services from south of the border,” said Mr. McLean.

Total industrial, commercial/retail and office property sales amounted to 230 in Q3 2015 – down by approximately 32

COM_4115.indd 36

2015-10-09 7:31 PM

THIRD QUARTER 2015: 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) Q3 2015

Q3 2014

% Change

3,664,011

4,738,469

-22.7%

Commercial

569,682

668,487

-14.8%

Office

630,481

593,231

6.3%

Total

4,864,173

6,000,187

-18.9%

Q3 2015

Q3 2014

% Change

Industrial

$5.33

$5.87

-9.2%

Commercial

$18.84

$19.24

-2.1%

Office

$12.29

$12.24

0.4%

Industrial

Avg. Lease Rate

THIRD QUARTER 2015: Commercial Sales Completed with Pricing Disclosed on TorontoMLS Sales (Price Disclosed) Q3 2015

Q3 2014

% Change

Industrial

78

127

-38.6%

Commercial

115

146

-21.2%

Office

37

63

-41.3%

Total

230

336

-31.5%

Q3 2015

Q3 2014

% Change

Industrial

$101.68

$107.65

-5.5%

Commercial

$211.59

$179.83

17.7%

Office

$191.00

$243.38

-21.5%

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

COM_4115.indd 37

2015-10-09 7:31 PM

38

Volume 15 Issue 10

Commercial Real Estate & Business Opportunities

#

Commercial Team In Canada! *

Brokerage Independently Owned And Operated ** +

**

www.PBcommercialteam.com ** Sales Person

+

Broker

TORONTO WEST APARTMENT BUILDING

HULLMARK CENTRE OFFICE SPACE C EX

LU

SI

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NL Y

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PR

IN

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SI

Greater Toronto Area

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

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

PRIME MISSISSAUGA AUTO LOCATION

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Stunning 3383 Sq. Ft. office space in rarely offered, modern class ‘A’ office building at prime ‘Shops At Don Mills’ location! Current medical office w/hundreds of thousands in superb leaseholds. Can be used for any professional use; tons of windows/great views!. $18.95/Sq Ft. Net

WORLDWIDE TROPHY ASSETS!

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

11276658_4115

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

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

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

Please say you saw it in The Commercial Investor

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2015-10-09 7:31 PM

Volume 15 Issue 10

39 10929735_4115

Commercial Real Estate & Business Opportunities

RONAN REALTY, BROKERAGE Each Office Is Independently Owned & Operated

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

Beautiful, partially cleared building lot, approx. 4.13 acres on a paved road. Minutes to Shelburne & 1/2 hr from Alliston. Mixed bush offers complete privacy.

Asking $160,000. Ingrid McNeill* 1-877-435-4336.

4115_DJW_0045

Opportunity knocks! Invest or Live & Run your business from home.

Legal Duplex in Alliston. 2 renovated units + small in-law unit.

Enjoy all amenities. Shopping, Schools, Rec Center, close to Honda.

Driveway w/ample parking. 2 units each w/ sep entrances, 2 bdrms, spacious living space & lau. Private backyard. $529,900. Marc Ronan*** 1-888-936-4216. 4115_DJW_0046

Greater Toronto Area

INVESTMENT OPPORTUNITY

Tenant looking for Landlord! We have 1 year lease commencing February 1st 2016 for this brand new 1200+ square foot condo featuring 2 bedroom, 2 bathroom, laundry, plus 9x6 foot balcony. If your resolution for 2016 is to invest in Real Estate, this is the property you are looking for. Let someone else pay your mortgage.

Only $359,000.

Tina McCarty* or Cheryl Vienneau*, Sales Representatives (705)250-6900.

4115_DJW_0047

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2015-10-09 7:31 PM

40

Volume 15 Issue 10

Commercial Real Estate & Business Opportunities

William Hicks SALES REPRESENTATIVE

BURLINGTON, OAKVILLE, MILTON, HAMILTON OFFICE, INDUSTRIAL, RETAIL 3315_DJW_1_0061

3315_DJW_0014

G

TIN

W

NE

LIS

INDEPENDENTLY OWNED & OPERATED BROKERAGE 3315_DJW_1_0023

williamhicks@royallepage.ca

OFFICE: 905-335-3042 Ext 579

BURLOAK REAL ESTATE SERVICES BROKERAGE

FOR LEASE

OFFICE/RETAIL SPACE

Quiet charming office space located in West Burlington directly beside the Royal Botanical Gardens. Gross lease of approx.

1,050 sq. ft. split over two floors.

The space boasts nice natural light with a warm and inviting feel. Kitchenette on the second floor with washrooms on both first and second floors.

Space well suited for destination business.

Very warm and inviting office space with 24/7 direct access. Located in a small busy plaza in designated growth area of Burlington. Plaza tenants include a dentist, chiropractor, government medical agency, fish market and fishing equipment outfitter. Great space for doctors office, walking clinic, accountant, professional office and retail possibilities. 1,522 sq. ft. with fresh offices and welcoming reception area.

Call William for additional details.

Greater Toronto Area

FOR LEASE Three suites available in the Burlington Mall Office Galleria, ranging from 2,263 sq.ft. - 6,761 sq.ft. with the potential of combining all three for 15,712 sq.ft.

Great class A lease rate of $12.00 Net. Call or email William for floor plans and t.m.i.

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

11287063_4115

ED COMPAGNONE BROKER

416.720.0654

905.731.2000

FOR LEASE - RICHMOND HILL

FOR SALE - WHITBY

FOR SALE & FOR LEASE - VAUGHAN

Property zoned for car dealership or many other uses. 1.8 acres within Richmond Hill/ York Region's Yonge Street Intensification Plan. Walking distance to Hwy #7/#407, the proposed future subway and rapid rail system. Call Ed Compagnone at 416-7200654.

80 x 140 ft lot, prime Whitby location. Seller has a minor variance approval for 2 - 40 x 140 ft detached lots. New development approved to the North on adjacent lands. Semi detached & townhouses. Whitby's official plan, medium density residential area shall be developed in the range of 30-65 units per net hectare to allow a 10 plex or other forms of multiple dwellings.

Call Ed Compagnone at 416-720-0654.

Excellent corner unit, with the highest possible exposure on Weston Rd. Outstanding finishes.

A must to see. Divided for multi-tenants. Big windows, high ceilings on main floor and large open area for bright interior. Fabulous opportunity to operate your own business and have extra income from the other tenants. Suitable for many uses. Spa business also for sale. Vendor willing to take back $1,000,000 VTB. Call Ed Compagnone at 416-720-0654. 4115_DJW_1_0077

4115_DJW_3_0075

4115_DJW_1_0076

11291986_4115

Please say you saw it in The Commercial Investor

COM_4115.indd 40

2015-10-09 7:31 PM

Volume 15 Issue 10

41

8975448_4115

Commercial Real Estate & Business Opportunities

$1 ,4 99 ,0 00 00 98

A completely renovated legal triplex A rare combination commercial self with each unit boasting 2 bedrooms, 1 contained unit + a gorgeous approx bath and laundry.

1700 sq ft residential space.

4115_DJW_0058

,0

,0

00

00

4115_DJW_4_0031

4115_DJW_0059

$6

$5

Multi use property on a huge lot with parking for 50 vehicles. Commercial H zoning.

Newly renovated nightclub accomodating 1,400 people. Turn key operation. Rent incl TMI $25,250.

Leave available 5+5.

4115_DJW_2_0006

Large warehouse. Use as an industrial Be a part of a one stop home unit or convert into 5 separate improvement centre. Close to major dwellings. Adjacent 60 x 165 lot highways. Huge potential. included in price.

4115_DJW_2_0015 4115_DJW_3_0016

00

Amazing opportunity to own a Established Marble/granite sales, successful Coffee/Donut franchise in a installation & service business. High very busy plaza. and Skema logic cutting machine.

4115_DJW_0061

$1

Profitable turn key business. Located over 25 years. Huge traffic count. Low rent. Newer equipment.

4115_DJW_0060

$2

49

33

,9

,0

00 ,0 $2

59

$2

89

,8

88

4115_DJW_2_0016

00

$8

99

99

,0

00

4115_DJW_0057

85

$8

,1 $1

Live and work on 1 acre in Norval.

Charming farm house with a 4 bay garage/auto shop.

FOR $4 LEA 05,0 SE 00/ $2, 150

Well established dentistry practice.

Corner unit. Fully equipped. Excellent clientele.

,0

,8 98

,0 50 ,2 $1

$1

,3

48

,0

00

4115_DJW_1_0003

00

4115_DJW_3_0004

Industrial office complex. Approx Located on the 401 corridor. Approx 12,000 sq ft of space. Tons of parking 2.28 acres. Zoned M7. Great available. Permit available to build a investment opportunity.

2nd floor expansion.

4115_DJW_0055 4115_DJW_0056

Greater Toronto Area

Prime Streetsville location. C4 zoning.

2 retail units + 2 apartments with parking for 4. Great curb appeal.

00

Incredible opportunity to own a high end luxury spa. State of the art facilities. You will not be disappointed.

$1 ,9 99 ,0 00

$1 ,9 99 ,0 00

$2 ,0 00 ,0 00

Sam McDadi Real Estate Inc., Brokerage

4115_DJW_3_0006

Mediterranean restaurant and Sheesha bar. Seats 120 patrons. LLBO. 5+5 lease. Rent 5K incl TMI & HST. 4115_DJW_2_0035

Please say you saw it in The Commercial Investor

COM_4115.indd 41

2015-10-09 7:31 PM

42

Commercial Real Estate & Business Opportunities

Volume 15 Issue 10

11298089_4115

ATTENTION: Investors & Developers

$2,850,000

3 Acres: Oakville already Commercially Zoned E2 for multi use as Medical Center, Offices, Vehicle Storage, Retail with Warehouse, Hotel, Restaurant & many more building permitted uses. Currently has a home and Second driveway for vehicle storage. Do not walk property without appointment.

$2,400,000

Igor Chouminov

11265283_4115

Greater Toronto Area

$950,000

President, Broker of Record

416.877.0326 igor@paiirealty.com

PAII REALTY INC.

Brokerage

INVESTMENT AND DEVELOPMENT REAL ESTATE

Prestigious

15 UNIT TOWNHOUSE DEVELOPMENT SITE RICHMOND HILL

Modern Design: 15 Unit Townhouse Site, 2000 sf average size, 3 storey, large backyards, upscale neighborhood. Walking distance to shopping, schools, and transport.

Priced at $4,500,000

1715_DJW_2_0102

60' Lots

• Exclusive Street in Richmond Hill.

• Lots over 60 ft frontage, with Depths of over 150 ft, Private Cul-de-sac street.

• Homes in the Area selling over $2.5M to $3M++, Lot Prices Starting at $1,200,000.Please call for Details!

On Exclusive & Private Street Lot Prices Starting at

$1.2 Million Register at:

dexterdevcorp.com

1715_DJW_0087

ESTATE LOTS FOR SALE

ACTIVELY LOOKING FOR: COMMERCIAL AND RESIDENTIAL PROPERTY FOR DEVELOPMENT SITE PLAN APPROVED PROJECTS RETAIL PLAZAS AND OTHER INVESTMENT PROPERTIES INVESTORS FOR REAL ESTATE PROJECTS ACROSS THE GTA! Please say you saw it in The Commercial Investor

COM_4115.indd 42

2015-10-09 7:31 PM

Volume 15 Issue 10

43

Commercial Real Estate & Business Opportunities

The Direct Source For All Your Mortgage Needs Providing Financing for Commercial and Residential Properties Residential Mortgages (1.95% 5 Year Variable) Private Funds from 5.99% - Bad Credit, No Income Verification OK 1st and 2nd Mortgages Lines of Credit Commercial Mortgages Construction Financing Multi-Family Properties - CMHC Insured Up To 85% or Conventional

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11297590_4115

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2015-10-09 7:31 PM

44

Volume 15 Issue 10

Commercial Real Estate & Business Opportunities

SkyViews

Mobile Surveillance for Rental Properties

by Ellen Arndt As a commercial property manager, one of your chief responsibilities is to protect the property’s value, which includes attracting the maximum number of building tenants. Making sure tenants are satisfied and adhere to building rules is a full-time job. Through the use of increasingly sophisticated and user-friendly video surveillance, such goals are more achievable.

Video surveillance has become more scalable and flexible than ever before. Mobile monitoring apps give users the ability to tap into their video system and see live recordings from a remote location, saving time and reducing property visits.

As property managers begin to either implement or update their monitoring strategies, it is important to consider the balance between surveillance and tenant privacy, while considering the benefits.

Balance monitoring with tenant privacy

Greater Toronto Area

First and foremost, there should be a clear understanding of Canada’s guidelines for the use of overt video surveillance in public places. To comply with privacy laws, commercial property managers should have visible signage outside the front of the property to alert the public of its presence. Also, transparency with potential tenants is key, property managers should note in their lease agreement the use of on-site video surveillance cameras. And while it may seem obvious, cameras should never be placed in areas where a high level of privacy is expected, such as a washroom or in the tenant’s rented space.

Decrease liability Unfortunately, accidents are an all-too-real threat that can happen at any time. Strategically placed security cameras throughout the property can provide an impartial picture of an accident or seemingly dangerous situation, giving an unbiased look into what actually happened. This, in turn, helps thwart frivolous liability lawsuits. It’s also worth noting that some commercial insurance companies are more inclined to reduce their premiums if they are aware that you have a video surveillance system on the property.

Check in on staff and contractors Ensuring that contactors and staff arrive on schedule is critical for the upkeep of your property. By reviewing live and recorded video, you’ll know if your employees

are productive and fulfilling their day-to-day duties.

You’ll also be able to look at the work performed by contractors (e.g. maintenance crews or groundskeepers) to determine if it meets your expectations.

Identify unruly or illegal tenant behaviour With video surveillance, you can easily monitor tenant activity. You’ll be able to pull up live video on your mobile device to check if tenants are following building rules and safety protocols. For example, surveillance video allows you to see if tenants are smoking on the property, vandalizing or abusing building property, or loitering in unauthorized areas.

Capture criminal acts on camera No property is immune to crime, which is why having a video surveillance system on the property is an absolute must. Security cameras are the ideal solution for recording any criminal activity that occurs, including vandalism, illegal dumping (e.g. tossing rubbish or recyclables onto the property), harassment, vehicle theft or trespassing.

To identify criminals, consider investing in high-definition IP security cameras over CCTV cameras. Unlike CCTV camera systems, IP camera systems with HD resolution render high quality images with rich detail, making it easier to identify criminal acts and suspicious characters.

Improve parking lot and garage security Security cameras should monitor not only the building grounds, but the parking lot or garage as well. A modern video surveillance system should be capable of capturing license plate numbers, which can be used as evidence in the case of an accident or vehicular theft.

License Plate Recognition (LPR) video analytics is a pioneering feature on IP camera systems that enables property managers to store and search license plate numbers. Property managers will find that the features available today on video surveillance systems can help allay the stress of managing one or more commercial buildings. Your job will become easier and tenants will experience greater peace of mind.

Article Provided By: Ellen Arndt, Communication Manager for VideoSurveillance.com

8647857_4115

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2015-10-09 7:31 PM

Volume 15 Issue 10

Givalas Real Estate 8973548_4115

45

Commercial Real Estate & Business Opportunities

Brokerage

Nick Givalas Broker of Record

Ltd.

(905) 479-4436

email: ngivalas@trebnet.com

3315_DJW_0062

WOODBRIDGE PLAZA First time offered! 5 retail stores and 10 2 bedroom Apartments.

Renovated. Good income. Prime Hwy 7 location. Don't miss out!

Serious inquiries only. Exclusive listing.

ASKING $2,700,000 Freestanding building. Approx.

4,000 sq ft on about 1 acre of land in prime downtown Ajax.

Room for expansion. Tenant on a net lease. Good investment opportunity! Serious inquiries only.

Exclusive

Greater Toronto Area

3315_DJW_2_0075

INVESTMENT PROPERTY FOR SALE

ASKING $1,395,000 3315_DJW_2_0060

FOR SALE OR LEASE 557 KING ST. E., OSHAWA

D L O S

Prime Highway 2 location in Oshawa.

Almost one acre. Freestanding building over 5000 square feet with fully equipped restaurant.

Ideal for any type of business on busy King Street. The property includes the rear lands to the East of the neighbouring property for additonal parking with access from Athol Street. Great investment or development site beside Royal Bank.

ASKING $1,395,000 FOR LEASE $16.00 SQ. FT. NET

INVESTMENT PROPERTIES WANTED! We are currently looking for investment properties from $2,000,000 to $20,000,000.

Within one hour of the GTA, from retail strip plazas, multi-residential units and highrise apartment buildings

Our Family has been in the Real Estate Business since 1955 and has a large client base for these type of properties.

Call to discuss the potential sale of your property now or in the near future Please say you saw it in The Commercial Investor

COM_4115.indd 45

2015-10-09 7:31 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

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NewSectionPages_FullColor2015.indd 10 COM_4115.indd 46

2015-03-19 3:47 PM 2015-10-09 7:31 PM

Volume 15 Issue 10

47

Commercial Real Estate & Business Opportunities

Sales Representative bill-byers@coldwellbanker.ca

TEMISKAMING REALTY LTD.,

E IC PR 900 , W NE $159

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). MLS 152302

Excellent Highway Commercial vacant land. 2.89 acres in the town of Englehart with great high traffic exposure & all town services available. MLS 151152 E IC PR 900 , W NE $279

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. MLS 140081

Central Ontario

COMMERCIAL/RESIDENTIAL 5 Units - 1 Com & 4 Res downtown New Liskeard. Always rented, long term tenants. Parking. MLS 150941.

COBALT Large solid block 4739 sq' building downtown. Former Grocery Store, recently used for storage by Mining Company.

Many possible uses here. Asking only $64,900. MLS 152021

HIGHWAY 11 NORTH

4115_DJW_1_0142

4115_DJW_1_0040 4115_DJW_1_0004

LCBO & GAS BAR Great turn key business on Hwy #65 West, in Kenabeek.

Includes Gas & Diesel, Variety Store, LCBO, Lotto, Bottle return, Post Office, large 5 bedroom apartment, garage all on 1.47 acres. Lots of potential here for variety of uses with no zoning. Asking $259,900. MLS 152104

4115_DJW_2_0033

New Liskeard, Northern Ontario

4115_DJW_1_0041

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

BROKERAGE

E IC PR 900 W , NE $299

8313781_4115

Bill Byers

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

FOR ADVERTISING CALL

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

3:47 PM

COM_4115.indd 47

2015-10-09 7:31 PM

inthenews

INVESTOR INTEREST REMAINS HIGH DESPITE LACK OF AVAILABLE PRODUCT AND GLOBAL ECONOMIC VOLATILITY Avison Young releases its Fall 2015 Canada, U.S. and U.K. Commercial Real Estate Investment Review

A

gainst a backdrop of global economic uncertainty and potential future interest rate hikes in Canada and the U.S., investor interest is high as the flow of capital into the commercial real estate sector continues at a healthy pace – constrained mainly by the lack of available quality product. While Canadian investment has softened, U.S. sales volumes are strong and notably higher than one year ago.

These are some of the key trends noted in Avison Young’s Fall 2015 Canada, U.S. and U.K. Commercial Real Estate Investment Review, released recently.

any U.S. Fed rate hike – small at first, with incremental bumps thereafter. I believe the initial rate hike will have little impact on near-term pricing, given the spreads, which are still wide. However, the pace of future rate hikes could cause a re-pricing of commercial assets, boosting investment volumes beyond current levels.”

According to the report, of the 41 markets surveyed in Canada, the U.S. and London, U.K., investment sales for the commercial real estate sector increased in nearly threequarters of the markets. The majority of U.S. markets, and London, saw increased investment activity on an annualized basis, Canada’s were considerably off 2014’s.

CANADA: Surplus capital, low-cost borrowing and limited available product continue to characterize the marketplace. Despite the biggest hurdle – limited product – and its constraint on overall investment dollar volume in the first half of 2015, investor interest remains high. Increased foreign (mainly Asian) capital has elevated pricing in Vancouver and Toronto. Moreover, Canada’s finite investable marketplace has led some investors to deploy capital abroad – especially in the U.S – while the vendor/purchaser profile encompasses the spectrum from institutions and REITs to private and developer capital.

“More of the same seems to be the story in Canada, with perhaps greater competition from foreign buyers, particularly China, pushing pricing for select assets to record levels, most notably in Vancouver and Toronto,” notes Bill Argeropoulos, Principal and Practice Leader, Research (Canada) for Avison Young.

The report covers commercial real estate investment conditions in 41 metropolitan regions (up from 29 a year “In general, investors are seeking stable long-term returns, and the commercial real ago): Calgary, Edmonton, Montreal, estate sector has been delivering. However, as revealed in the REALpac/IPD Canada Ottawa, Toronto, Vancouver, Atlanta, Quarterly Property Index, the annualized total return in the first half of 2015 was 6.8 Austin, Boston, Charleston, Charlotte, per cent, comprising 5.2 per cent of income return and 1.6 per cent of capital growth.

Chicago, Cleveland, Columbus OH, This result is the lowest rate of return that investors have witnessed since the Great Dallas, Denver, Detroit, Fairfield Recession. Nevertheless, when you look at the overall 10-year return, including County, Fort Lauderdale, Houston, Las the market trough, it shows a healthy 11 per cent return. In short, real estate has Vegas, Long Island, Los Angeles, Miami, outperformed alternative investments, such as bonds and equities.”

Minneapolis, New Jersey, New York, Oakland, Orange County, Orlando, Argeropoulos adds: “In this highly competitive and finite investable marketplace, Philadelphia, Pittsburgh, Raleighsome buyers are finding it increasingly difficult to buy at the current high or rising Durham, Sacramento, San Diego County, prices – and, even if they sell something, they cannot reinvest the proceeds at the San Francisco, San Mateo, Tampa, same or better returns. Investors will go to any lengths to place capital, even if it Washington DC, West Palm Beach and means going beyond their borders.”

London U.K. “Irrespective of potential future interest rate hikes and the effect they may have on the current velocity of commercial real estate capital changing hands within or between countries, real estate has earned its place as a core portfolio holding and is producing favourable total returns against alternative investment options,” commented Mark E. Rose, chair and CEO of Avison Young.

“Interest rate movement is pivotal, but not entirely surprising, since it has been debated to death. The Bank of Canada, after a lag period, will follow

COM_4115.indd 48

Notable First-Half 2015 Canadian Investment Market Highlights: The aggregate sum of commercial real estate investment (office, industrial, retail, multi-residential and ICI land greater than $1 million) in Canada’s six major markets totaled $10.6 billion (CAD) in the first half of 2015 – down $2.4 billion, or 19 per cent, compared with the first half of 2014. The lower volume results from product scarcity more than any change in investor sentiment.

Toronto was again the top investment market ($4.7 billion / 44 per cent share) – more than doubling sales volume of second-place Vancouver. Toronto outpaced other markets in every asset category, challenged only in ICI land by Vancouver and Edmonton.

Industrial ($2.5 billion / 20 per cent) was the top investment sector and one of two sectors to register year-over-year growth. Sales dipped in all three Western markets and in Montreal. Ottawa jumped 50 per cent, while Toronto remained flat. The largest, and only, $100-million-plus industrial deal in first-half 2015 was the $106-million

2015-10-09 7:31 PM

sale of the now-defunct 1.3-msf Target Canada distribution centre in Milton, ON (part of the Greater Toronto Area).

moved up in favor on the strength of its office sales, and had recorded $6 billion in total investment volume – nearly 60 per cent of its full-year 2014 total – by mid-year 2015.”

Multi-residential investment surged to $2.4 billion, accounting for 23 per cent of all investments, and recorded the greatest annualized sales growth (+34 per cent). Sales climbed in four of six markets, notably in Calgary and Toronto – markets seeing increased purpose-built rental multi-residential construction.

The multi-residential sector dominated the top five sales rankings and was among the top three sectors by sales volume in every market. Deals that captured headlines included: High Park village ($105 million / 60 per cent interest) and Langara Gardens ($102 million / 50 per cent interest) in Toronto and Vancouver, respectively.

Four markets exceeded $10 billion in commercial sales in the first half of 2015: Washington, DC ($10 billion / 8 per cent share), Chicago ($10.2 billion / 8 per cent share), Los Angeles ($11.4 billion / 9 per cent share) and New York ($22.4 billion / 17 per cent share). Together, these markets represented more than 40 per cent of total commercial sales nationwide.

Retail sales ($2.1 billion / 20 per cent) contracted nationwide (-29 per cent) as investors weighed the morphing retail landscape, including the failure of Target Canada, among others. The largest first-half transaction overall was the Toronto portion ($216 million) of the $1.2-billion SmartCentres – SmartREIT national retail portfolio sale. ICI land slipped 22 per cent year-over-year to $2.1 billion and a 20 per cent share, falling everywhere but Montreal. The sector was high on investors’ lists in Vancouver, Calgary and Edmonton.

Office sales were 23 per cent higher year-over-year and totaled $49.9 billion in the first six months of 2015.

Office building trades plummeted 55 per cent to $1.5 billion (14 per cent share), with substantially lower sales volumes noted in Calgary, Edmonton, Toronto, Montreal and Vancouver – due mainly to a lack of product and burgeoning development.

Noteworthy office sales included Yonge Richmond Centre ($154 million) in Toronto and Encana Place ($116 million) in Calgary.

Capitalization (cap) rates were either flat or marginally lower than one year ago. Multi-residential assets once again had the lowest yields, while Vancouver had the tightest cap rates.

“If it is any consolation, the second half of 2015 is shaping up to be a busy one in Canada with a number of big transactions already concluded or in the pipeline, including last week’s surprise announcement by Ivanhoe Cambridge that it plans to sell its majority interest in Bentall Centre in downtown Vancouver. These large transactions could be an indication that some investors believe prices are nearing their peak,” concludes Argeropoulos.

U.S.: In Avison Young’s U.S. markets, the pace of sales continued to reach new heights in the first six months of 2015 with $131.8 billion (USD) of commercial transactions – a 40 per cent increase year-over-year. At this rate, overall U.S. commercial sales are poised to eclipse 2014 annual investment volume of $225.8 billion.

The U.S. investment market strengthened between mid-year 2014 and mid-year 2015 as the availability of capital, improving economy, and historically low interest rates pushed sales volumes higher for all asset classes. Sales are on track to exceed 2014 levels. Only retail and multi-residential achieved annual sales volumes that exceeded their 2007 peak levels.

“Continuing a trend spanning more than five years, Canadian buyers led foreign investment in U.S. assets in 2015. Investors, both foreign and domestic, have continued to look beyond the top investment destination cities,” notes Earl Webb, Avison Young’s President, U.S. Operations.“For example, Atlanta has

COM_4115.indd 49

Notable First-Half 2015 U.S. Investment Market Highlights:

By mid-year 2015, the office, industrial and multi-residential asset classes had demonstrated exceptional growth year-overyear. However, sales of retail assets recorded the greatest gains when compared with the same period in 2014, jumping 64 per cent in the first half of 2015.

New York led first-half 2015 sales volume in every asset class with the exception of industrial. For office properties alone, New York sales of $13.3 billion accounted for 27 per cent of total U.S. office sales volume and a 41 per cent increase locally, compared with the same period in 2014.

Several U.S. markets achieved industrial sales exceeding $1 billion in the first half of 2015. Southern California powerhouses Los Angeles and Orange County together recorded $3 billion of industrial sales ($1.7 billion and $1.3 billion, respectively). New Jersey ($2 billion), Chicago ($1.9 billion) and Dallas ($1.5 billion) rounded out the top five firsthalf 2015 U.S. industrial sales markets.

Overall, cap rates fell by 32 bps year-over-year in U.S. markets tracked by Avison Young, led by multi-residential (-45 bps) and office (-42 bps) assets. For industrial properties, overall cap rates averaged 7.1 per cent, though cap rates can be as low as 4 per cent to 5 per cent.

Webb continues: “Markets continued to see cap rate compression and some are approaching record-low territory.

Nimble buyers are taking advantage of value-add plays, and CBD assets received top prices in markets such as Washington, DC. Still, select suburban submarkets with well-defined market drivers – transportation-centric districts, work-liveplay environments, or technology occupiers – have attracted significant investor interest.”

Webb concludes: “Given the gap between lending rates and 10-year treasury bonds, and the absence of a meaningful interest rate hike by the U.S. Federal Reserve, the investment sales market will likely continue to be frothy with select assets trading at record prices.”

Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,000 real estate professionals in 70 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family properties. Avisonyoung.com

2015-10-09 7:31 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

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2015-03-19 3:47 PM 2015-10-09 7:31 PM

Volume 15 Issue 10

51

Commercial Real Estate & Business Opportunities

Jack Huitema

Stephen MacLeod Sales Representative

Broker of Record

905-774-7624

220 Broad Street East, Dunnville, ON N1A 1G2 Each Office Is Independently Owned & Operated

BRIGHTON FULL SERVICE GARDEN CENTRE

CAYUGA – MULTI-USE COMMERCIAL BUILDING ON HWY #3

Open year round. 3.8 acres with 34,000 sq. ft. of Greenhouse.

Natural gas heat. 3600 sq. ft. steel building houses store and retail space. Large parking lot. Business showing excellent returns. Vendor will assist new owner. Call Jack for more information.

4115_DJW_0016 4115_DJW_0017

Showing good revenue returns. 548 ft. x 3.24 Acres. Total of 6 rentals. 3 apartments and 3 commercial, fully rented. A separate income from a 20 year -10 kw Micro Fit contract with 15 years remaining. Prime corner lot on busy Hwy #3. Call Jack or Steve for more information.

4115_DJW_0091

www.coldwellbanker.com 8177055_4115

11279879_4115

ProAlliance Realty Brokerage Independently Owned & Operated

BRUCE COOKE BBA, CCIM, SIOR

MATTHEW COOKE B.COMM

Office: 613-966-6060

Office: 613-966-6060 Direct: 613-243-5146

Commercial Sales Representative

Sales Representative

E-mail: bruce@cookeproperties.com

matthew@cookeproperties.com

23 APARTMENTS BELLEVILLE

$274,900 POWER OF SALE

Each building is on a separate condo deed. Multiple tenants. An interesting investment property with upside.

Located in the Belleville Area.

Combination of 15 x 2 bdrms, 7 x 1 bdrm & 1 bachelor. Gross annual income $226,000. Separate hydro meters, great location, excellent condition. Asking $1,700,000

Former Home Hardware bldg in Cloyne, Ontario. Hwy location in cottage country. Corner lot, 7,120 SF.

3715_DJW_0039

3715_DJW_0040

Eastern Ontario

$1,800,000 7 BUILDINGS

3715_DJW_3_0003

Please say you saw it in The Commercial Investor

3:47 PM

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2015-10-09 7:31 PM

inthenews

SHIFT IN CANADIAN REAL ESTATE MARKET IS CREATING NEW OPPORTUNITIES FOR INVESTORS, SAYS NEW PWC CANADA AND URBAN LAND INSTITUTE REPORT Vancouver and Toronto continue on a path toward growth while Calgary and Edmonton slip due to broader market forces

T

he Canadian real estate market is in a period of transition and the factors that have traditionally driven the market are changing according to Emerging Trends in Real Estate 2016, jointly released by PwC Canada and the Urban Land Institute (ULI).

The low Canadian dollar and slumping energy prices are creating real estate opportunities in warehousing, transportation, manufacturing and other sectors across the country that are traditional strongholds during times of economic decline. In residential real estate, housing costs continue to grow faster than the average Canadian income which is leading towards an expanding rental market.

“Despite slower economic growth, opportunities in the Canadian real estate market abound but they are changing.

Investments that have traditionally been sought after are shifting in favour of safer, more stable market sectors,” said Frank Magliocco, national real estate practice leader, PwC Canada.“New trends are disrupting the Canadian real estate market. From Canada’s aging population creating opportunities in market sub-sectors like healthcare, to technology transforming the demand for space, the way investors do business and construction itself, industry players that recognize these opportunities will benefit from an evolving market.”

“The complex land use and real estate story of the Toronto Region is about to become even more complicated.

Competitive global forces demand a heightened need for all of Canada’s urban regions to achieve greater urban efficiencies to drive increased

COM_4115.indd 52

social, environmental and economic value into land use development,” said Richard Joy, Executive Director, ULI Toronto.“It’s a future where the demands of mixeduse intensification will further intensify as the constituent parts of a city become increasingly interconnected, and the distinctions between built form, mobility, and intelligent systems become increasingly blurred.”

10 Trends to Watch in Canadian Real Estate Caution Rules: Having been on a path of continuous growth since the global economic crash, this year’s report points to a shift from west to east rather than a downturn. Investors are being more cautious by seeking out more stable investment opportunities like warehouses, fulfilment centres and neighbourhood shopping centres. However, this heightened level of caution appears to be driven by pragmatism, not pessimism. More than anything else, it seems that respondents believe that the Canadian market is due to take a breather rather than take a dive.

Liquidity & Lack of Investable Assets: This year, respondents call out the lack of quality product available for purchase, given the current cost of capital. Prized, toptier Canadian properties are increasingly in the hands of pension funds, institutional investors, and REITs. As a result, transaction volumes have picked up for secondary assets which are often older and require investment to suit current market needs.

Office Leasing: An Evolving Market: With so little top-tier product available, respondents are maximizing their existing holdings and seeking out new tenants and longer leases in order to maximize yield. Leasing itself is changing, in part due to tenants’ own business challenges. Tenants are reducing space per employee, and some tenants are sharing offices, or opting for value over high-end, luxury amenities.

Stronger U.S. Dollar Generates Some Optimism: Economic uncertainties in China and Europe have Canadian firms once again looking to the United States to drive growth. It’s not without risk, of course: the U.S. recovery is not especially strong, and many U.S. trading partners are not growing. The U.S. dollar’s relative strength could well benefit Canadian real estate markets, particularly in eastern Canada in the industrial development and distribution centre sectors.

Lower Oil Prices: Mixed Impact: The sharp drop in oil prices has led some to speculate that eastern Canada will regain its position as Canada’s economic engine.

Investors appear to be biding their time with little to no large real estate purchases or sales taking place in Alberta. Elsewhere, low energy prices may generate growth in certain sectors and their related real estate markets. Gas pump savings could also boost business and consumer spending, potentially benefiting retailers, among others. This could, in turn, drive activity in industrial, office, and commercial real estate, especially in the east.

Foreign Investment: Canada Retains its Allure: Global investors continue to see Canada as a safe haven for their capital, and the lower Canadian dollar only adds to the allure.

Many respondents expect foreign investment to continue to flow into Canadian real estate – not only into traditional markets like Vancouver, Calgary, and Toronto, but also into Montreal and even Saskatoon, where interest in farmland and development land is rising.

Housing Affordability Concerns Rise: While developers are building condominiums Continued to page 56

2015-10-09 7:31 PM

Volume 15 Issue 10

53

Commercial Real Estate & Business Opportunities

“Your Commercial Connection in Eastern Ontario!”

jamie@ekortrealty.com

www.ekortrealty.com 8305397_4115

• • • •

www.15victoria.com ASKING PRICE $750,000

Long term lease - CARE FREE to landlord International Company covenant "Clean" facility - manufacture medical supplies 58,000 s/f facility - 15 years old

www.155murray.com ASKING PRICE $4.3 MILLION

• • • •

MEDICAL BUILDING

50 SLIP MARINA

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

• Over 5 acres with 600 ft of water front • Includes Owner's water front home with pool • Includes 9 year round rental properties

www.274dundas.com ASKING PRICE $2,980,000

www.stillwaterbasin.com ASKING $1.3 MILLION

INVESTMENT PROPERTY

116 UNIT SITE

5 commercial tenants 6 residential units Separate meters Annual income approx. $98,000

• • • •

2 commercial tenants 2 residential tenants Separate metres Fully occupied

9 McFARLAND DRIVE, PICTON

13 MACSTEVEN DRIVE, PICTON

• 8,000 square foot building,18 foot ceilings • 3 drive in doors • Corner lot fully paved

www.9mcfarland.com ASKING: $495,000

OPEN HOUSE Saturday, October 24th, 2:00 - 4:00 P.M.

• 5800 s/f commercial building • Heating and Plumbing business • Equipment and Inventory available for sale

www.13macsteven.com ASKING PRICE $459,000

• Approx 9. 5 Acres • Site plan includes 10 storey 116 unit high rise, 65 residential townhouse, & 6 residential lots • Prime location close to neighbourhood plaza, schools and churches

www.138leland.com ASKING PRICE: $2.3 MILLION CONDO TOWER SITE

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www.44king.com ASKING PRICE: $298,000

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

4115_DJW_2_0115

4115_DJW_1_0103

4115_DJW_2_0102

INVESTMENT PROPERTY

• • • •

www.stirlingtowers.com ASKING $2.1 MILLION

4115_DJW_0079

• • • •

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

www.ekortrealty.com ASKING PRICE $579,900

4115_DJW_1_0177

4115_DJW_3_0078

INVESTMENT PROPERTY

Commercial unit with large showroom/6 offices Rooftop microfit contract Situated on 56 acres Listing Sales Rep: Don McColl

Eastern Ontario

• Downtown core Belleville • 31,900 s/f with parking under cover • Multiple tenants with various lease terms

RETIREMENT HOME

4115_DJW_0089

4115_DJW_0081

GREAT INCOME GENERATING PROPERTY

4115_DJW_0080

ED UCELL D RE O S T

4115_DJW_8091

EXCELLENT INVESTMENT PROPERTY

• Located on a prime corner at the mouth of the Moira River and Bay of Quinte • The Gateway to Prince Edward County • Zoned for up to 97 units and 15 floors • Listing Sales Rep: Joseph Shunock

www.180coleman.com ASKING PRICE $1,499,000

Please say you saw it in The Commercial Investor

COM_4115.indd 53

2015-10-09 7:31 PM

54

Volume 15 Issue 10

Commercial Real Estate & Business Opportunities

Dee Abrams

Mary-Jane Donahue

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

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

dee@remaxquinte.com abramsdee@yahoo.com Cell:

mariejanedonahue@hotmail.com

Quinte Ltd., Brokerage* * Each office Independently Owned & Operated

613-847-5907

Office: 613-969-9907

INDUSTRIAL PLAZA - FOR LEASE & SALE TRENTON

TOWING & AUTOMOTIVE SERVICES TRENTON

8,100 sq. ft. industrial divided into 1 residential and 4 commercial units.

One unit of 2400 sq ft. with an apartment on top. Income consists of 5 units. 18' ceilings, 12' overhead doors, 240V 400 amp 3 phase, brand new gas furnace, 3 year old roof, freight elevator available.

Ample parking spaces. Suitable for retail/office/manufacturing. Asking $499,900.

2515_DJW_4_0018

PLAZA FOR LEASE & SALE BELLEVILLE

SCRAP YARD NAPANEE

Attractive - Well maintained - Located on main traffic route.

High profile - Ample parking - 1200 sq foot unit and 2400 sq feet units ready to go Units contains boardroom and kitchen Lease: $7.75/sq ft + T.M.I. ($5.50) Asking $1.1M 2515_DJW_2_0101

$1,446,000

Successful one-stop shop provides towing and automotive services conveniently located by Hwy 401 and close to downtown Trenton. Attractive income generating business in the Quinte area. Price includes over $500,000 of Chattels plus building and contracts.

2515_DJW_0075

$449,000

Scrap yard for sale located near Hwy 401 on year round roads. The site is 5 acres in size. Zoning General Industrial M2. Owned by the same family 2515_DJW_5_0032 for many years.

DOWNTOWN BUSINESS BELLEVILLE

$80,000

Long time eating establishment in downtown Belleville. Gathering to quick tasty meals for business and local traffic.

2515_DJW_3_0009

For Selling/Buying and Leasing of Commercial Real Estate in Eastern Ontario call Dee Abrams at 613-969-9907

11298230_4115

What our clients are saying about us

Eastern Ontario

“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.�

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

COM_4115.indd 54

2015-10-09 7:31 PM

NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

NIAGARA

NIAGARA Welland Fort Erie Beamsville Fonthill Port Colborne

For advertising

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

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

NewSectionPages_FullColor2015.indd 13 COM_4115.indd 55

2015-03-19 3:48 PM 2015-10-09 7:31 PM

inthenews continued and mid-density products like stacked townhouses to meet municipal and provincial urban density demands, it is getting harder for developers to build affordable housing in the urban centers that people covet – which could have consequences for Canada’s urbanization trend. Land prices continue to rise, and many believe that provincial government policies are a key factor. In addition, lengthy approval processes and significant development charges also are limiting supply and driving up costs across the country. And then there are the construction costs themselves, which continue to rise.

Rise of the Renter: As concerns over housing affordability grow, a rising number of Canadian households are choosing to rent rather than buy which is creating new opportunities across the country. Renting is no longer seen only as a temporary step on the road to homeownership, but as an alternative.

Today, we are seeing the rise of permanent renters – a new demographic in many Canadian markets, especially as a growing proportion of the population cannot assemble the down payment for a new home.

Resilience of the Suburbs: The urbanization trend remains strong in Canada, but this year’s report dismisses suggestions that the suburbs are in decline. Suburbs around the Greater Toronto Area are also becoming more expensive due to government policies, immigration, and higher demand.

Respondents believe that major investments in transit infrastructure, especially in and around the Greater Toronto Area, will make the suburbs more attractive to a wider group of people. And as demand continues to drive housing prices higher in the core, they expect to see a growing number of people choose more affordable homes in the suburbs. In terms of commercial real estate, though, developers acknowledge that suburbs need more services, better tax incentives, and lower operating costs to compete with the downtown core.

Technology Creates New Opportunities and Challenges : E-commerce, cloud computing, mobile, and data analytics are just a few technologies that continue to reshape the way that people live

COM_4115.indd 56

and work. They are creating new opportunities – and challenges – for Canadian real estate players. This year’s report highlights numerous ways technology changes how market players do business. Specifically, technology is having a direct impact on the demand for space in the office sector as well as demand and store format in the retail sector. In addition, real estate players are harnessing the power of data to make better business and marketing decisions and improve their investing and financing decisions as well as financial reporting. They’re also using technology to improve how they design and build new developments and share knowledge across their enterprises.

TOP 5 MARKETS TO WATCH Vancouver – Vancouver is the top investment, development, and housing market in Canada. Vancouver’s economic growth may have hit a recent peak in 2014, but growth in 2015 and 2016 is still expected to remain strong, with gross domestic product (GDP) growth at 3.1 percent in 2015 and forecast GDP growth of 3.2 percent in 2016, according to the Conference Board of Canada.

Manufacturing, transportation, and warehousing are likely to drive this growth in 2016, owing to the Canadian dollar’s weakness against the U.S. dollar.

The construction sector will be kept busy by a number of larger-scale mixed-use development projects in 2016; some observers believe that the industry could also benefit should the low Canadian dollar attract further additional foreign interest in Vancouver housing.

Toronto – Toronto achieved its strongest economic growth in four years in 2014 at 2.9 percent, and 2015 and 2016 are expected to be even better, with forecasted growth rates of 3.1 percent and 3.2 percent, respectively, according to the Conference Board of Canada.

Key drivers include manufacturing, transportation, and warehousing, as well as trade and business services. Once more, the disparity between the U.S. and Canadian dollars, as well as low energy prices, are seen as playing a positive role in spurring economic activity. Several high-profile construction projects may offset any potential drop in residential building activity in 2016.

Montreal – Montreal’s economy is in for a period of stable but relatively low organic growth, though the region’s GDP is projected to grow 2.6 percent in 2015 and 2.7 percent in 2016 – the fastest rate of growth since 2002, according to the Conference Board of Canada. Major infrastructure spending should benefit the construction sector, though whether this will offset any potential slowdown in housing starts remains to be seen.

Ottawa – Public sector austerity measures have kept the government dominated economy of Ottawa relatively stagnant in recent years. The outlook for 2015 and 2016 is a bit brighter: the federal government has recently announced that it is in a surplus position and expects to remain in surplus for 2015–2016. The region’s goods production sector is projected to expand by 1.7 percent in 2015 and by 2.5 percent in 2016. Slow demand for single-family homes and a possible oversupply of multi-residential units are clouding the forecast for residential building, but the construction industry should be well supported by infrastructure projects in 2016.

Saskatoon – According to the Conference Board of Canada’s spring 2015 Metropolitan Economic Trends report, Saskatoon’s economic growth rate is expected to see a significant drop in 2015, bringing it to 1.8 percent from the 6.1 percent in 2014, a level just below the national average of 1.9 percent. The ripple effect of the slowdown in primary industry and utilities could cause slower growth across all sectors of the Saskatoon economy.

While Calgary and Edmonton have been on a long standing trajectory of growth, economic uncertainty has led to it falling out of the top five cities to watch this year. Supply in the office sector, vacancy rates and the falling price of oil are all factors impacting the Calgary real estate market however this market has a history of short-term volatility while experienced investors in the market have typically taken the long view.

The full Emerging Trends in Real Estate 2016 report, which includes the latest industry figures and trends can be found here: www.pwc.com/ca/emergingtrends.

2015-10-09 7:31 PM

Volume 15 Issue 10

57

Commercial Real Estate & Business Opportunities

The Brick Realty Ltd. Brokerage 4681 Ontario Avenue Niagara Falls, ON

905-357-9700

OPPORTUNITY - OWN YOUR OWN BUSINESS ZONED GENERAL COMMERCIAL

4115_DJW_0007

4115_DJW_0006

Toll free 1.855.357.9700

11255694_4115

PROPERTY AND BUSINESS

4115_DJW_0009

4115_DJW_0008

$339,900...High traffic downtown area. Corner lot. Land and Building for 2 blocks from Clifton Hill. Walking distance to Casinos and Falls. Turn key opsale only. Shop has 2 bays, 2 offices, and bathroom. Lots of renovations & eration. Bring your imagination and your wallet. It will sell!! Call FERNANDO updates done in past 2 yrs. Huge lot with extra side and back parking. Call ESPINOZA* MLS N30045766 KOSANA VUKSAN* N30050609

SOUTHEND COMMERCIAL

EXCELLENT INVESTMENT OPPORTUNITY

LANDMARK BUILDING

Fully occupied building, directly across from city hall. Two one bedroom apartments above and long term lease in the lower level. Vendor may assist with finance. Call AMANDA MCKENZIE* MLS N30037692, CODE AM192

This 15,000 sq ft building now available for $499,000.

Includes extra parking lot.

General commercial zoning allows for many permitted uses.

Call ANGELO D'ONOFRIO* for all the details. MLS N30040806, CODE ADO262

4115_DJW_0010

4115_DJW_0011

4115_DJW_0012

LAND ASSEMBLY Located on main artery in Niagara Falls. Can be divided into smaller parcels. Over 1 acre of prime Stamford Centre properties.

5 homes that are tenanted and vacant lot providing access from 2 streets. Zoned GC. Call SYLVANA LOURAS* or NICK LOURAS* for all the details.

MLS VARIOUS

Niagara Peninsula

Building with a mechanics shop plus space at front of building rented. In Free standing dental building in the heart of Stamford Centre. Well maintained with General Commercial zoning allowing for a variety of uses including a developing area at $450,000. Call RUSTY SHAVALIER* MLS N30051668 professional offices. Ample parking for approx 18-20 cars. Also available for lease. Call SYLVANA LOURAS* MLS N30045200

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

Please say you saw it in The Commercial Investor

COM_4115.indd 57

2015-10-09 7:31 PM

58

Volume 15 Issue 10

Commercial Real Estate & Business Opportunities

5

,1

$2

00

0 0,

4115_DJW_0005

387 Ontario Street - 17,342 s.f. plaza on 184' x 335' lot. High traffic area, QEW access in mixed-use commercial area.

The plaza is well maintained with many improvements.

This property is an excellent user owner opportunity, well positioned to increase value with minimal investment and has potential to be re-purposed for mixed use business.

Bruce Brown, Sales Representative

905-641-1110

Tony Tripodi

cell: 289-241-6954

Broker

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

10331793_4115

www.edlowerealestate.com

Barrie Office: 705-726-3871 Toronto Office: 416-515-0709 Bruce Brown , Sales Representative fax: 705-726-8260 info@edlowerealestate.com

INDUSTRIAL * COMMERCIAL * INVESTMENT

THOROLD

NEW First time on the market.

Formerly a service station and garage. Strategically located across from full service Pine St. Shopping Plaza. Zoned commercial, allows retail, professional uses, etc. Owner retiring.

Lot size 176' x 66'. Asking $350,000. Call for details.

Niagara Peninsula

3715_DJW_1_0109

BEAMSVILLE

Solid concrete building located in the central Lake/Scott St. area. Approx.

7,000 sq. ft. 2 tenants, one is an ethnic club with bar, reception hall. All C/A, lots of on site parking. Listed at $750,000. Open for offers.

3715_DJW_1_0108

ST. CATHARINES

Over 17,000 sq ft plaza on 1 1.2 acre lot with large paved parking area. Located on major traffic road and easy access. Offered at a bargain. Replacement cost of just $125.00 per square foot. Call today for details.

3715_DJW_0037

Adjacent to Meridian Arena & Performance Art building. 4 apartments plus 3,000 sq ft retail space.

On site parking, central with great exposure.

Drastically reduced. Now only $599,000 or best offer.

Don't miss this one!

3715_DJW_2_0081

Please say you saw it in The Commercial Investor

COM_4115.indd 58

2015-10-09 7:31 PM

Volume 15 Issue 10

59

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_4115 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES Nature lover's dream!

A rare offering in the Niagara Peninsula wine country!! 90 acre 41.93 acres, close to the vineyard. True bench land located in the 20 Mile bench sub town of Ridgeway. appellation. Excellent location for a winery site just off Reg Rd 81 Approx 19 acres cash wine route + only minutes off the QEW. Approx 51 acres have crop, balance producing vines of cab franc, cab sauv, baco, vidal & riesling.

Carolinian forest. Road Another 27 acres are tile drained & ready for planting, offering your frontage on Nigh & choice of new varietals to be planted! Approx 5 acres of bush & Mathews Rds. Loads of another 5 of headlands. This parcel also has a modest 2 bedroom wildlife. Zavitz drain @ one corner of property. Two bungalow & large outbuilding 40x32'. 200 amps. A 5yr contract could minute walk to the paved friendship trail, to Sherkston & be put in place for the purchase of all the grapes harvested off this a 5 minute drive to Lake Erie marina & boat launch. NPCA &township building approvals. $249,800 vineyard if the buyer so desires. This one of a kind vineyard consists of 4 merged parcels. $1,980,000

Estate sale in N.O.T.L. 50 acre vineyard planted to cab sauv, pinot gris, sauv blanc & pinot noir. Over 7000 new vines planted in 2015. All tiled drained.

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

3+ Acres development 6 Acres of site. Land zoned for residential townhouse & semidevelopment land detached homes, 64 in Jordan Station. units in total, 52 Surrounded by townhomes & 12 semi the Greenbelt, detached units. Close vineyards & to St. Catharines new orchards. All city hospital facility. Walking distance to many services at the road! Only mins to the QEW & amenities. All city services. Asking $1,198,800 all amenities. $3,300,000

SPECIALIZING IN FARMS, AGRICULTURE, GREENHOUSES, ETC.. IN THE NIAGARA REGION! GROUP

Licensed Full-Time since 1986

Sales Representative

Member of the “National Commercial Council of the Canadian Real Estate Association”, and “Commercial Council of Niagara”.

Email: psipos1@cogeco.ca

®

SUTTON GROUP SKYWAY REALTY INC., BROKERAGE

www.paulsipos.com

905.646.9001

INCREDIBLE COMMERCIAL OPPORTUNITY (SELLER RELOCATING TO LARGER FACILITY) 215 BROADWAY AVENUE WELLAND - ASKING $219,000 This multi-use building was a church that was tastefully renovated into 6 offices, receptiona area and a huge 5 bedroom rear residential apartment with kitchen, livingroom and laundry facilities with separate entrance.

Improvements to windows, heating systems. Easy to view.

Contact Paul for details at psipos1@cogeco.ca, (905) 646-9001 and check out my website for a virtual tour at www.paulsipos.com 4115_DJW_0077

17 CLARK ST., PORT COLBORNE $24,700 Great area for this vacant lot!

Close to the canal and next to residential dwellings.

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

VACANT LOT

281 WELLAND ST., PORT COLBORNE $28,500 Great location for this large lot.

Zoned highway commercial.

Many uses.

Contact Paul Sipos @ psipos1@cogeco.ca for financials and check it out at www.paulsipos.com

VACANT LOT

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RARE FIND AND ONE OF THE BEST VACANT LOT COMMERCIAL AREAS IN ST. CATHARINES OFFERED AT $284,900

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OPEN TO OFFERS

Super commercial location for this vacant lot (116.00x125.00) on the corner of Scott St. and Niagara St. Available city services and on a transit route. Many excellent uses across from 2 larger plazas and Sobey's.

Feel free to contact me with any questions and for a list of uses at psipos1@cogeco.ca and check my website at www.paulsipos.com

Niagara Peninsula

8181464_4115

Paul Sipos

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Volume 15 Issue 10

Commercial Real Estate & Business Opportunities

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STEPHEN CANJAR BA MVA-Res BROKER OF RECORD/PRESIDENT 289-820-9309 | scanjar@movingniagara.com

Get Listed. Get SOLD. FOR SALE OR LEASE 326 KING ST WELLAND ON

2 storey building on a very busy street. Approx 4500 sqft to house your business and/or rent out to others. C3 zoning. Surrounded by many new commercial developments within blocks and existing business. This property may qualify for the City's C.I.P. for grants and/or financial incentives for improvements. Sellers may consider leasing and or/lease to own options. Quick closing is possible. $249,900.

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LAND, EXCAVATING BUSINESS AND Excellent opportunity to purchase EQUIPMENT - 340 BEATRICE ST., WELLAND or expand/add to your current business. Majority of work generated from sewer and water line installations, weeiping tile, trenching and seasonal bonus of snow removal. Large 116 x 240 lot zoned LI. Includes all heavy equipment, lot, quonset hut and office. Seller willing to stay and train as well. $214,900.

FANTASTIC AGRICULTURAL OPPORTUNITY - 43670 SIDER RD, WAINFLEET

Approx 25 acre farm with type "A" soil. Entire field is tilled. 2400+ sq. ft home. There is also a 1/2 acre pond stocked with largemouthed bass (20’ deep), garage with attached shipping contrainer for a workshop & a 31x46 2 storey barn with concrete floor & electricity. $574,900.

ESTABLISHED RESTAURANT 128 EAST MAIN ST, WELLAND

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Located in Downtown beside court house and steps away from City Hall and busy recreational waterway. Operational for 2 years - Dining area, bar area, private banquet area for 50+, patio area and excellent sales and great lease. Features steaks, wood oven pizza and chicken - Lots of free parking. Call for details.

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WWW.MOVINGNIAGARA.COM 11301581_4115

Andrew McGregor

Douglas McNaughton

Sales Representative HEAD OFFICE:

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

DOWNTOWN:

81 St. Paul Street St. Catharines | ON | L2R 3M2

"CHEESE SECRETS" $195,000 38 MARKET STREET, NIAGARA ON THE LAKE

dbm@NiagaraCommercialGroup.com Cell: 289.213.8886

BUSINESS FOR SALE

Niagara Peninsula

BUSINESS FOR SALE

Cell: 905.321.5202 Andrew@NiagaraRegionCommercial.com

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

“FISH AND CHIP” BUSINESS $280,000 ST. CATHARINES

Owner is retiring. Cheese Secrets is an established opportunity in Old Town Niagara On The Lake located next to the iconic Angel Inn and main public parking lot. Constant tourist and local flow for samples and fresh to-go packages to accompany local purchased wines. The Real "secret" is the locals love it more for their large offering of cheeses for home and catering events. Lots of upside potential to extend hrs and further off site catering. Go direct and sample some cheese - just don't talk to the staff about the sale.

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Opportunity to own your own business with a 60 yr track record. Fish and Chip shop, family friendly and located next to a high school for busy lunches with the kids, kids now being long standing customers.

New kitchen equipment, homemade recipes, spotless clean with well above average income with upside potential to extend hours and open on Sundays. Current owners know all their customers by name and happy to train a new buyer for ongoing years of success.

4115_DJW_0015

Please say you saw it in The Commercial Investor

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NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

INVESTORS

The perfect place to list all of your businesses opportunities

BUSINESS INVESTORS

BUSINESS For advertising

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

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

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Volume 15 Issue 10

Commercial Real Estate & Business Opportunities

Your Real Estate & Investment Specialists Mortgages

1.888.330.3866

#12051

info@profunds.ca

www.profunds.ca

The Pro Funds’ Client Experience: Flipping Properties with Zero Down

Pro Funds Mortgages is happy to announce a new article series, The Pro Funds’ Client Experience. These articles will feature a variety of clients sharing their knowledge and experience in dealing with Pro Funds to accomplish their real estate focused endeavours. Here is Andrew Hines, a Mortgage Agent and borrower with Pro Funds who shares how he has utilized private funding to acquire and build and income property.

Rewind to May 1st 2015. Closing day. It was finally coming together. The results of 2 months of planning, due diligence and a whole lot of waiting were finally paying off. And I mean literally, my lawyer actually called me to let me know that I was getting a cheque for $73 upon closing of my purchase of a beat up old rental. Wow, just when I thought buying real estate couldn’t be any more rewarding.

The deal looks something like this: I buy a property with zero down, receive funds which are held in trust to pay for my renovations and expenses, and then I sell the property and get paid. Not a bad deal…?

“How is this possible”, you might ask? Well real estate is a business. And like any good business, flipping requires a good business plan. From the beginning I made sure that I knew my numbers. When I found the property, I knew what it was worth, I knew what it could be worth and I knew what I would have to put into it to get that value.

So what did I do? With the help of Pro Funds, I found a few private lenders to lend me the entire purchase price and renovation cost, in addition to my interest payments for the 6-month period I allotted myself to do the work.

As anyone thinking about flipping a property knows… you don’t get paid until you sell. So paying things like mortgage payments and property taxes during the process can become a burden. For me, being able to borrow the money to cover those items made it that much easier to get through the process and prevent any new grey hairs from forming just above the sideburns. There was some heavy lifting along the way and a few not-so-helpful contractors… But I think the memory of taking a chimney down piece-by-piece using a sledge hammer will always stick with me. That was fun.

Business Investor

(continued on next page...)

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Pro Funds Mortgages | 3410 South Service Rd. Suite G5, Burlington ON L7N 3T2 | www.profunds.ca Please say you saw it in The Commercial Investor

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Commercial Real Estate & Business Opportunities

Your Real Estate & Investment Specialists Mortgages #12051

1.888.330.3866

info@profunds.ca

www.profunds.ca

The Pro Funds’ Client Experience: Flipping Properties with Zero Down

So how can you structure your very own “zero down flip”?

1. Know your numbers - See a lot of properties, find out what they are selling for, both before and after the proposed renovations, and build yourself a buffer of 20% over and above what you think it will cost. Talk to contractors, get estimates and be ready to play hardball if needed.

2. Back it up – Start the process with comparable sales (your realtor can help with this) this is how you’re going to convince your lender that you can actually get the property sold for what you think you can sell it for at the end of the day. If they’re going to lend you money they need to know you have an “exit strategy”. Be sure that you’re very clear on what yours is. Good mortgage brokers will require an appraisal because they have an interest in making sure everyone is protected. You should expect to provide an appraisal for the property “as is” and “upon completion” of the proposed renovations.

3. Work with a broker that focuses on creative financing – I’ve worked for, and used Pro Funds Mortgages for financing for 5 years now. Knowing I can get real estate financed has allowed me to be a lot more aggressive with my real estate acquisitions.

4. Be willing to give up other collateral – my portfolio is an open book when it comes to getting new money. I put up one of my other properties to avoid putting any money down on this deal and I would do it again in a heartbeat. The ease and speed of operating this way allows me to do more than I ever could with a bank.

Visit www.profunds.ca for more program details and mortgage applications.

Contact 1.888.330.3866 and speak to one of our underwriters to start the process.

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Pro Funds Mortgages | 3410 South Service Rd. Suite G5, Burlington ON L7N 3T2 | www.profunds.ca

Business Investor

If you’re thinking about doing a flip of your own or are wondering how you can leverage your existing properties to purchase a property with little or zero down, contact Pro Funds Mortgages at 1-888-330-3866 or info@profunds.ca.

Please say you saw it in The Commercial Investor

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Volume 15 Issue 10

Commercial Real Estate & Business Opportunities

R DE UN FFER O

R DE UN FFER O

DISTRIBUTOR OF MEDICAL PRODUCTS

Located in the GTA and operating over 20 years, the Company wholesales medical products that are directed toward Home Health Care, Pharmacy, Orthotic and Prosthetic, and Podiatry markets.

Revenues are in the $2 million range and earnings in the $300K range.

Operating in the GTA over 45 years the company wholesales proprietary branded chemicals blended in house and patented chemicals manufactured by exclusive suppliers. High profile customer base and four employees generate sales $1.1 million with earnings in the $200K range.

Founded in 1994 the business operates a winery and restaurant. Revenue of $2.5 million was derived from wine, restaurant, weddings and events, tours and tastings, and online sales. There are 24 FT and 31 PT employees and the real estate is owned by the company.

OFFICE MAINTENANCE COMPANY

PLUMBING SERVICES COMPANY

Company provides NDT/NDE training, products, and services. Clients are in power generation, oil and gas, engineering training/consulting, and other service industries. Located 1 hour outside GTA. Revenues are in the $7.5M range with earnings averaging in the $500K range.

D L O S

R DE UN FFER O PHARMACEUTICAL

Company operating in the GTA and specialiazing in all areas of plumbing commercial, industrial, residential, service, installation and 24/7 emergency response.

Well trained - 7 FT non-union employees and strong account base generate revenues in the $1.7M range and earnings in the $450K range.

Business has been in operation for 10 years generating $1 Million in revenues with 7 FT & 73 PT employees. Located in Southern Ontario - one hour out of GTA.

R DE UN FFER O

MANUFACTURER OF AUTO BODY TOOLS & EQUIPMENT

ATLANTIC PROVINCES OPPORTUNITY

AND TECHNICAL SERVICES

Operating in Ontario over 20 years the company provides wholesale, retail pharmaceutical and technical services in Canada and internationally using e-commerce and a mail-order/retail pharmacy.

With 9 FT 4 PT employees the business generates – Revenues in the $7.0M range and earnings in the $1.0M operating.

Located in Southwestern Ontario the company provides advanced and robotic automation systems for poultry, beef, pork, cheese, sliced meats, ready-made foods, and industrial washing systems for all segments of the food industry. Revenues in the $6 million range and earnings in the $900K range.

D L O S

ATLANTIC PROVINCES OPPORTUNITY

R DE UN FFER O

NDT PROVIDER

MANUFACTURER OF AUTOMATION EQUIPMENT FOR FOOD INDUSTRY

POOL & SPA EQUIPMENT SUPPLIER

Business founded 30 years ago and sells used vehicles, provides mechanical repair services and detailing and paint protection applications (10%). The Company also applies paint fading resistant treatments and rust proofing. Revenues in the $1.8 million range.

B2B SOFTWARE COMPANY DATA EXTRACTION AND CONVERSION

The Company’s core business is focused on data extraction – and is the developer and publisher of its own proprietary PDF and data extraction technology. Operating in the GTA over 15 years the company has revenues in the $2.5M range and earnings in the $350K range.

Located in the GTA the Company manufactures tools and equipment for the auto body repair industry. Serving the aftermarket with 85 active customers in the US and 35 in Central and Western Canada, Company has revenues in the $3 million range.

UNDER OFFERUNDER

EQUIPMENT OFFER

& DIES MFG.

Operating since 1993 and located one hour outside the GTA - the Company specializes in the design and manufacturing of stamping dies and special purpose equipment. Revenues are in the $7 million range and earnings in the $2 million range.

Business Investor

“Selling Your Business is our Business” 416-782-5222

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ROSS GLIGIC PRESIDENT, BROKER OF RECORD

905.825.2378 | Broker@BestRealEstateInc.com

10 UNITS - 2 BUILDINGS - MIXED USED Two adjoining solid brick buildings in the heart of Stratford. 15,000+ SF, 4 levels. 6 newly renovated residential units + 4 updated commercial/retail units. Extensive renovations. Updated utilities & mechanicals. Fully leased.

AAA tenants. Great investment.

Tenants pay all utilities. 8% CAP Rate. Exclusive listing, Principals only please. Rarelly available for sale on this landmark picturesque block.

PRIME DOWNTOWN LOCATION

$2,150,000

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MARKHAM'S BEST RETAIL CORNER Woodbine Apple Creek Plaza, Markham, ON FO R

SA L

E • At the entrance to Cadillac Fairview's 9 million SF Buttonville Airport Redevleopment • 44,234 SF retail plaza on a 3.7 acre corner lot • Below market rents providing immediate upside opportunity • Complimentary mix of national and local tenants

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www.collierscanada.com/17990

David Williams,

Sales Representative 416 643 3753 david.williams@colliers.com

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Mazhar Roshan Sales Representative

HomeLife Results Realty Inc.

905.929.9800

Direct

BROKERAGE

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

Call for details.

8148414_4115

905.318.3800 24 Hr. Pager 647.609.9463 GTA Direct mazharroshan@sympatico.ca EAST HAMILTON

BURLINGTON - $79,900

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.

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Great location downtown Burlington franchise business doing 25K per month. Good for family, turn key operation. Training will be provided. Low royalty and easy to operate, buyer to pay transfer fee, for more details call LBO. 4115_DJW_0021

GUELPH LINE, BURLINGTON - $89,900

Long established Thai restaurant in the heart of Burlington doing over 22K p/m. Good for family business. For more details call LBO

BUSINESS & HOME - $990,000

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.

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HAMILTON $18.00 SF

BUSINESS FOR SALE - $199,900

On Upper James & corner of Airport Road. Over an acre of land. Property has 2 houses both rented for 1100 + 1000 and tenants pay utilities mixed use property with H-C3 zoning. Lots of future development potential. Buyer to do their own due diligence.

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Rapidly growing area of Stoney Creek Mountain, retail/off use 1248 sq ft mezzanine extra. Plaza location with Tim Hortons, Esso G/Bar, Avondale, Gino's Pizza and many more.

Current use as Nail Salon (Tenant Relocating) unit has 2 bths & 8 rooms est TMI is $10 PSF. 4115_DJW_1_0022

Great location close to all amenities 2 business in one price.

Take out and Indian/Pakistan grocery store. Doing great, good for business minded person or big family. Real money making machine.

FORT ERIE - $119,900

BURLINGTON - $119,900

HAMILTON - $79,900

In the Heart of Burlington, plaza location fully equipped pizza parlour, doing over 200K per year. Good for family operation. Call for more information.

Long established over 30 yrs Pizza business, doing great, long lease and very low rent, close to mall, hwy, school, amenities and on bus route. Good for family or business minded individual.

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R $1 EDU 79 CE ,9 D

PRIME LOCATION - $1,099,000

Long established, fully equipped, well maintained pizzeria located in the heart of the business area in Fort Erie. New High School to open in walking distance soon. Short business hours, steady clientele, long lease. Call LBO for more information and appointment.

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PLAZA FOR SALE - $1,485,000

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DOWNTOWN - HAMILTON $1,500,000

Rare find Commercial Plaza with anchor tenant. Net income is 104K, offered at 7% cap rate.

Location location location, property in downtown core Hamilton. Currently use as a worship place. Buyer to do due diligence regarding future use and property taxes. For more information and details call Mazhar.

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MOTEL FOR SALE - $579,000 R

BY ED $5 UCE 0, D 00 0

REDUCED $800,000

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Ideal property to live in and run your own business. 9 room motel with a 2 bedroom separate house, no vacancy in motel for 2014, fully rented to long term clients. AAA location close to hwys. New septic bed installed in 2014, located beside Tim Hortons & Price Chopper. 4115_DJW_1_0068

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Garden City Realty Inc., Brokerage Independently Owned & Operated

11301409_4115

“WE PRODUCE RESULTS”

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

stakteam@gmail.com

905-333-3500 192 MARY ST. BRANTFORD Exceptional Industrial space available with common areas such as shared plant washrooms, and board room and available front office space unspoiled on top level for the interested lessee to put their professional touch to test. Features include hoists, divisible, loading dock. MLS H3148861.

FOR LEASE $2.95 SQ. FT.

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WILSON STREET, ANCASTER 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.

MLS H3148856.

$2,995,000

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Here is a simple solution to country living at its best with pool, pond for fishing, rec. centre and simple beautiful quiet park setting with Canada geese and nature’s best? Come have a look at this 1989 MALLARD 14’ x 42’ with bump-out addition and sun porch for BBQing with paved driveway and shed in yard for storage. Get your fishing rod ready & visit the best priced unit for sale on a land leased retirement park setting at “WOODLANDS ESTATES” between Copetown/Lyndon area of Ancaster, Ontario. MLS H3157118.

$84,500

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R $1 EDU 79 CE ,9 D 00

$2,188,000

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ATTENTION RETIREES

192 MARY ST. BRANTFORD Great industrial building in Brantford at Colborne and Park Road.

64,835 square feet, 2 docks, 1 drive-in door, office area. Fantastic parking and truck access from main access to major highways.

MLS H3148858.

BUY, HOLD INVESTMENT FOR FUTURE DEVELOPMENT

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CAMPGROUNDS FOR SALE

• 57 SITES + 40 SLIP MARINA, MITCHELL’S BAY • 169 SITES + HOME ON 11 ACRES, LAKE HURON • 110 SITES + 2 HOMES ON 8.5 ACRES, WOODSTOCK Orio Fishleigh

Dave Bratt

Sales Representative

Sales Representative

dave.bratt@century21.ca

orio.fishleigh@century21.ca

519.532.5375

519.709.6746

Woodstock: 871 Dundas St. | 519.539.5646 Tillsonburg: 86 Broadways St. | 519.688.0021

VEN O R P H T I W ONS I T A C O L E M TS P E PRI C N O C E FRANCHIS

S E I T I N U T R O OPP .

W O N E L B A L I AVA 8302229_4115

DAY. UP INC. TO O R G N m IA BSID ngroupinc.co ia id s b CONTACT O o t@ n me 952 develop 1-877-272-2

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SPOTLIGHT SECTION Tina Ciraolo + Raj Solanki Sales Representatives

$4000/MONTH + UTIL. WHOLE BUILDING Downtown Burlington! Prime office space available very conveniently located on busy corner near James/Brant, with short stroll to Lakefront. Recently renovated. Sunny and spacious - approx 1600 sq. ft. Can be fully occupied as office space or fabulous Live/Work accomodation. Kitchen + 3 pc bath on 2nd level. Includes 2-3 parking spots, 2 entrances, lots of built-in storage.

Available immediately. See virtual tour at www.venturehomes.ca 4115_DJW_0003 4115_DJW_0004

905-577-7700

Seeking Seeking greater greater FINANCIAL INDEPENDENCE? AA Maid may be be just just the the answer! answer!

Maid Right Right home home cleaning cleaning franchise franchise may No NoSelling.

Selling. Guaranteed Guaranteed Clients Clients (in (in Halton).

Halton).

Low LowInitial Initial Investment.

Investment. Financing Financing Available.

Available.

Maid Right of of Oakville Oakville Maid Right

Training Training && Equipment Equipment Supplied.

Supplied.

Set SetYour Your Own Own Schedule Schedule and and Hours.

Hours.

11297277_4115

289.813.0375 Oakville.MaidRight.com Oakville.MaidRight.com

Grow GrowAt AtYour Your Own Own Pace.

Pace.

© 2015 Maid Right Franchising LLC. Maid Right and JAN-PRO International are subsidiaries of Premium Franchise Brands © 2015 Maid Right Franchising LLC. Maid Right and JAN-PRO International are subsidiaries of Premium Franchise Brands

STEVE DAWKINS Sales Representative

MEADOWVILLE Garden Centre MLS #144495

REAL ESTATE

INC

CENTRE

BROKERAGE

INDEPENDENTLY OWNED AND OPERATED

$3,400,000

LOST HORIZONS Nursery MLS #153178

$1,595,000

11296535_4115

3315_DJW_0010

3315_DJW_0009

4115_DJW_0024

3 Guelph area Turn-key ‘Lifestyle Business’ Opportunities

NATURAL STONE Sales/Const.

MLS #152422

$795,000

Toll-Free: 1.855.95.REMAX Details & Videos: prosper.ca

Brokers Information Listing Service

1.877.272.1721 11285231_4115

30,000+, Haves & Wants, 75% Exclusive

www.iciworld.com

A Landlord’s Rights & Obligations Visit Blog for Ontario Dates THE COMMERCIAL INVESTOR SPOTLIGHT COMM_GLOSS_4115.indd 16

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

2015-10-06 2:10 PM

COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_4115

Bill Bradley

Sales Representative

Independently Owned & Operated

Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866

416.258.6866 exitwithbill@gmail.com

GORGEOUS RETIREMENT HOME WITH A 10% CAP RETURN A long term management staff operating the home for the owner, with excellent results.

40 plus suites, with a room for more to be arranged.

Call Bill Bradley

$2,999,900

PARADISE IN GRENADA

Hotel - 5 Star + Restaurant & bar.

Only

$2,400,000

Call Bill Bradley for

Strip Plazas

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

Buyers Only

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

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LOOKING TO SELL YOUR BUSINESS? WE HAVE QUALIFIED BUYERS. CALL US FOR A FREE NO OBLIGATION EVALUATION. BUSINESS & PROPERTY

PROPERTY FOR SALE

PROPERTY FOR SALE

BUSINESS FOR SALE

GAS STATION

INCOME PROPERTY

INCOME PROPERTY

ELECTRICAL CONTRACTING COMPANY BURGER FRANCHISE

NIAGARA REGION

$ 3,100,000 • Store Sales $1.3M • 4 Million Gas volume • Other income from fast food franchise • 12% Cap Rate

MILTON

$ 959,000 • Retail - 3000 sqft + Residential - 3 bed apt • Well maintained 2 storey Building • Prime high traffic street visibility • Free street parking & plenty of parking at rear

MISSISSAUGA

$ 2,275,000 • Amazing Investment Opportunity!

• Main Floor rented out to Banquet Hall • Second Floor leased out as offices with mostly annual leases in place • 80 Additional Parking Spots after 5:00 pm & weekends.

BUSINESSES FOR SALE COMMERCIAL / INDUSTRIAL CLEANING EQUIPMENT BARRIE

$ 249,000

OAKVILLE

$ 390,000 • Licensed Commercial/Industrial/Residential • Pioneer & Leader in World of Electric Vehicles • Authorized installer for Tesla & Bosch • Installed over 500 Tesla Charging Stations in the GTA

BUSINESS FOR SALE

GODERICH

$ 310,000 • 3 Year Old Burger Franchise • With Llbo License • Stand alone building with ample parking • Reputed Franchisor • Profitable and Growing

For more details, email us info@aldrin.ca or visit www.aldrin.ca

RESTAURANT/BAR

OPTICAL STORE

PET NUTRITION STORE

FLORIST

MISSISSAUGA

GEORGETOWN

MILTON

MISSISSAUGA

$ 175,000

$ 249,000

$ 75,000

$ 120,000

CUSTOM SWIMWEAR STORE

MR SUB

CONVENIENCE STORE

ITALIAN EATERY

BOUTIQUE BANQUET HALL

MISSISSAUGA

MISSISSAUGA

HAMILTON

MISSISSAUGA

MISSISSAUGA

$ 174,900

$ 59,000

$ 55,000

$ 149,000

$ 600,000

WILD WING

CUSTOM KITCHEN

SPORTS BAR

BREAKFAST PLACE

BANQUET HALL

BELLEVILLE

VAUGHAN

MILTON

THORNBURY

MISSISSAUGA

$ 174,900 BAR & GRILL BURLINGTON

$ 180,000 KIDS PLAYGROUND NEWMARKET

$ 200,000

$ 329,000 CUSTOM METAL PROCESSING SHOP GEORGETOWN

$ 240,000 SPECIALITY FOOD/MEATS WHOLESALE & DISTRIBUTION HAMILTON

$ 229,000

$ 290,000

$ 225,000

$ 630,000

BAR & GRILL

KIDS INDOOR PLAYGROUND

OPTICAL STORE

MISSISSAUGA

MISSISSAUGA

BARRIE

$ 440,000 JET FLIGHT SIMULATION CENTER MISSISSAUGA

$ 195,000

$ 35,000 SPECIALITY FOOD RETAIL STORE HAMILTON

$ 229,000

$ 315,000 RESTAURANT & BAR ACTON

$ 125,000

BAR & GRILL

NAIL & SPA BUSINESS

FOOT CLINIC

SPORTS BAR

MACHINE SHOP

TORONTO

MISSISSAUGA

MILTON & CAMBRIDGE

BARRIE

MISSISSAUGA

$ 190,000

$ 65,000

$ 230,000

$ 650,000

$ 125,000

MEXICAN FAST FOOD

MEXICAN FAST FOOD

SUNSET GRILL

WILD WING

SHISHA/HOOKAH LOUNGE

MISSISSAUGA

BURLINGTON

VAUGHAN

TORONTO

MILTON

$ 569,000

$ 389,000

$ 679,000

$ 195,000

$ 85,000

INCOME PROPERTY

INCOME PROPERTY

WILD WING

DAYCARE

BREAKFAST PLACE

BELLEVILLE

KINGSTON

BLUE MOUNTAIN

MARKHAM

RICHMOND HILL

$ 900,000

$ 1,400,000

$ 344,000

$ 550,000

$ 675,000

IPB Realty & Finance Inc. Head Office: 106-4255 Sherwoodtowne Blvd., Mississauga, ON L4Z 2G6 Branch: 113-5800 Ambler Dr Mississauga, ON L4W 4J4

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Commercial Team In Canada! *

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

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CALLING ALL BUILDERS!

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EXCELLENT MARKHAM INVESTMENT

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PRIME MARKHAM CORNER W/ COMM & RES ZONING

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INCOME PRODUCING PROPERTY VE SI U CL EX

Prime East York building lot! Approx 50 ft x 150 ft lot in sought after neighbourhood!

Act now and avoid the competition! Close as late as March 2016. Call George for pricing! 416-554-7653.

1 acre + of PRIME Markham land!

Bullock/Markham Rd. Potential development site!! Ravine property!

Industrial area! $638,800.

Prime Markham corner lot! 3.37 acres with residential & commercial com ing! Huge ravine property with historic home circa 1835 and detached 6 car tandem garage! Run your business, live and/or develop later! $1,690,000.

Multi tenanted commercial unit with main floor retail and second floor office space!

Excellent investment w/great exposure to Finch! Subway right around the corner! $928,800. Call Peter 416-606-7882

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Hot Kingston Rd. income property! Prime Kingston Rd exposure w/main floor retail tenant & two second floor residential tenants, plus large bsmt. Approx. $57,600 gross income, $699,000. Call Kenny 416-833-8840.

Vacant lot at Victoria Park/Huntingwood. Property to be sold w/approved permits & plans for a 4 bdr, 4 bath, approx 3,000 sq. ft. detached home w/walk-out bsmt. Can be sold as a completed home. Call Kenny for details 416-833-8840.

Approx 1,250 of prime retail space on fronting on busy Kingston Rd! Excellent plaza at prime intersection! Additional storage in bsmt! 40+ car space for plaza! Excellent terms! $12.95/SF Net.

PLAZAS PLAZAS PLAZAS PRINCIPALS ONLY

ATTENTION INVESTORS! 21%+ ANNUAL RETURNS!

YONGE/SHEPPARD COMM. UNIT

KINGSTON RD INCOME PROPERTY

ATTENTION BUILDERS!

KINGSTON RD RETAIL SPACE

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Premium office space at Tridel's new Hullmark Centre at Yonge & Sheppard! Stunning new building ideally located w/tons of amenities. Approx. 916 gross sq. ft. with floor to ceiling windows overlooking Yonge St. and underground access to two subway lines! $508,000.

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DANFORTH RETAIL/OFFICE SPACE

Approx 1,160 SF of turn-key retail/ office space located on sought after Danforth Ave! Excellent street exposure with rear plaza parking! Prior dental office with 60K in leaseholds at no cost! Walk to Subway! $12.95/SF Net.

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MEDICAL CENTRE LEASE SPACE - MAIN/DANFORTH

First class medical centre at Main/ Danforth Subway w/office space available for physician! Bldg includes pharmacy; radiology, ultrasound and medical labs; & physiotherapist! 1.5 yrs free on 5 yr lease! $8/ Sq Ft Net. Call George 416-554-7653

• $18 Million – Major Bank and National Tenants!

• Single Family & Condo Developments

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

• Projected Returns Exceed 21% per Year

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

• RRSP, TFSA, LIRA++ Eligible

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

• Call George Politis 416-554-7653

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

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

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