Commercial Investor - 06 Nov., 2015

Nov 7 - Dec 5, 2015, Volume 15 Issue 11

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

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.

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 3715_DJW_0019

FOR LEASE

OPEN YOUR OWN BUSINESS Exciting new franchise opportunity in prime downtown location at 581 - 583 Richmond Street in London, ON!

Inquiries: 905-814-8030 development@obsidiangroupinc.com ubburger.com

Low Rent - $2.50 per sq. ft. Available - up to 47,500 sq. ft., Divisible.

From 3,800 sq. ft. and up! Lots of parking, outside storage, drive-in and truck level doors, 16 ft height, Walk-In coolers (6).

Ideal for Warehousing, Food Warehouse, Place of Worship & lots more!

Danforth and Birchmount (Scarborough) location. A rare find!

Wind Star Realty Limited (416) 730 8484 Email: mnanavati@sympatico.ca

FREE SUBSCRIPTION!

COMM_GLOSS_4515.indd 1

4515_DJW_0005

FC_4515 (COM)

Mike K. Nanavati, Broker of Record ARTIST’S RENDITION

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

2015-11-03 1:29 PM

HomeLife Bayview Realty Inc., Brokerage

Office: Cell: Fax: Email

Rita Mollicone, B.A.

Residential, Commercial and Investments Sales Representative

SHOPPERS DRUG MART

COMMERCIAL & RESIDENTIAL

• 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

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

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

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

GAS STATION IN CLARINGTON

• Commercial on main floor & basement • 3 residential apartments • Just south of Carlton St. quick access to Yonge • Detached building recently renovated • 24 ft by 145 ft lot with garage

• 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 4115_DJW_2_0038 • 1.69M 4115_DJW_2_0063

HEAVY INDUSTRIAL BUILDING

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

FRANCHISEE WANTED • Be a success!

• Open a proven & established restaurant business • Site available • The rewards can be many Call 416-508-2949 or 416-508-2907

• 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

Brokerage

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

AVAILABLE

“Making Real Estate Work For You!”

Sales Representative

226-388-4083 holly@pinehavensolutions.com Direct:

205 KING GEORGE RD, BRANTFORD

Ti 5 ti

Apartment buildings in Toronto.

Holly Illman, MBA Twin City Realty Inc.

• • • •

• • • •

B 5 b

RESIDENTIAL DEVELOPMENT IN PARIS, ON

• 125 acres 44 acres developable.

• Property surrounded by the Nith River on 3 sides.

• Walking distance to Downtown Paris • Area study close to completion • 263-296 unit development

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

• Very high traffic area.

• 3747 square foot building • Currently set up as an eat-in/take-out pizza restaurant • Sale Price $1,380,000 • Lease Price $22.00 per sq ft 4115_DJW_2_0084

75 ACRE RESIDENTIAL DEVELOPMENT POTENTIAL NORTH END OF PARIS

• Sale Price $10,500,000

4115_DJW_2_0085

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70 MILL ST, WOODSTOCK • Development Land

E SAL NG DI PEN

Call for details.

4115_DJW_0044

• Zoned C4-19. Great location just off Dundas St. • Zoning change to multi-residential in process.

• 1/3 acre • Sale Price $100,000

4115_DJW_2_0087

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L 3 N T F

Th h In a R

SOUTHWESTERN ONTARIO INVESTMENT TEAM

SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities Great Owner-User Opportunity London, ON

• • • •

25,000 sq. ft. available on one floor Balance of building leased Located on the edge of the core - ample parking Asking $8,500,000

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

± 5.3 Acres of development land Infill site in mature neighbourhood For Sale by Modified Tender Bid Submission Date: November 25, 2015

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

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

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

Residential Development Land Woodstock, ON

• • • •

• • • •

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

Timmins, ON

• • • •

Income Generating Retail Plaza London, ON

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

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

Freestanding Best Buy

11284449_4515

• • • •

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

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

Retail-Office-Residential Investment London, ON

• 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

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COMMERCIAL OPPORTUNITIES

(519) 438-5588 FOR SALE

INDUSTRIAL LAND

FOR SALE

Veterans Memorial Parkway / River Road London, ON Approximately 9.5 Acres Zoning H*LI2 Bakeries, Laboratories, Manufacturing, Research & Development, Warehousin, Wholesale, Service and Repair Establishments and more

Sales Representative

Taxes $11,538.95 (2015) Daily Traffic Count of approximately 26,000 vehicles per day Excellent exposure to Veterans Memorial Parkway Convenient highway access to the 401

Philip Cassis

Broker of Record

INCOME INVESTMENT

808 Talbot Street - St. Thomas, ON Long term leases in place Site area 0.4 acres Building Consists - 7,300 sf - Total Building - 4,800 sf - Main Floor (3 Tenants) - 2,500 sf - Upper Floor (1 Tenant) Zoned C3 - broad range of uses Taxes - $17,387 (2015)

David Jongerden

Extension #242

Brent Rudell

Broker

Extension #236

Extension #231

$950,000.00

FOR SALE

Extension #230

$1,000,000.00 FOR SALE

TWO BUILDING SITE

Andrew Johnson

Sales Representative

FOR SALE

DUPLEX

SIX FARMS AVAILABLE

50 Charterhouse Crescent - London, ON

62 Sterling Street - London, ON

Sarnia, ON

Site Area 3.05 acres of Land Total of 52,820 square feet Front Building - 23,570 square feet - 4 Units, 12 foot ceilings, Rear Building - 29,250 square feet - 4 Offices, lunchroom

Two houses for the price of one 3 Bedroom, 3 Bath home Plus approximately 830 square feet - 2 Bedroom, 1 Bath guest house

Six farms are available for sale in the Sarnia area

Tyler Desjardine Sales Representative

Extension #232

$1,995,000.00

Footsteps from major bus routes Shopping and area schools Each home renovated Includes all appliances

Jameson Lake

Sales Representative

Extension #240

$189,900.00

FOR SALE

FOR SALE

INVESTMENT OPPORTUNITY

MEDICAL OFFICE BUILDING

Ranging from 32 acres up to 600 acres Priced from $11,000 / acres Contact Kenn for additional details on these properties Kenn Poore

Broker

Extension #224

Contact Agent

FOR LEASE

EXCLUSIVE FREE STANDING MULTI-UNIT BLDG.

1737 Dundas Street - London, ON

272 Oxford Street West - London, ON

Single Tenant Automtoive Rental Business operating on 5 year lease Corporate Lease with Avis / Budget Group Net income approximately $54,000 per annum Tenant to pay common area maintenance, property taxes Landlord responsible for Roof and HVAC sytem

5.274 square feet of office space on 2 levels - 2,900 sf - Main Floor - 2,374 sf - Second Floor Good exposure on arterial road Parking for 21 vehicles Zoned OC-6 & RO1

775 Wharncliffe Road South - London, ON Main Floor - 2,110 sq.ft. - Retail/Commercial/Office - $11.00 psf Net - 8,000 sq.ft. - Retail/Commercial/Office - $11.00 psf Net - Units can be combined for a total of 10,110 sq.ft.

Second Floor - 2,000 sq.ft. - Office Space - $8.50 psf Net - Includes finished offices and boardroom

Gary Pollock

Gary Pollock

Tyler Desjardine

Extension #222

Extension #232

Brent Rudell Broker of Record

Extension #236

$679,000.00

Broker

Extension #222

DTZ Barnicke London Windsor Sarnia Ltd., Real Estate Brokerage, Independently Owned & Operated

$825,000.00

Broker

Sales Representative

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

16 x Two 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

TR E CL AT A EA S R

7% 25. .I. R.O

• Asking $1,189,000

• 1 x One Bedrooms

• Tidy 12 Plex with On-Site Superintendant • Located in a Quiet Residential Neighbourhood • Electric Baseboard Heating System 137 Feet with Ample Paved Parking Area

• Asking $80,905 per Suite

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

6 SUITES + 3 Comm.

• Most Kitchens & Bath rooms Updated • Professionally Managed & • Tenants Pay Their Own

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

Hydro

21 SUITES

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

GRIMSBY

• 29.3% R.O.I

Landscaped

Units • Located in Proximity to

12 SUITES

• 3 x Bachelor

• Asking $1,699,000

1 x Three Bedrooms

Park

• Nice Size Lot 133 Feet x

Interest at 3.37% per

E SID UP TURN ON

2 x One Bedrooms 9 x Two Bedrooms

• Good Size Apartment

Annum

P RE RIC DU E CE D!

5 x Two Bedrooms

•

• Asking $90,083 per Suite

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_4515

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SOUTHWESTERN ONTARIO INVESTMENT TEAM

RECENTLY SOLD PROPERTIES Commercial Building

Multi-Res Development Site 34 Erb St. E., Waterloo, ON

King St. N. & Bridgeport Rd., Waterloo, ON

• 0.33 Acres • Sale Price: $2,000,000 • Close Date: August 28, 2015

• 0.30 Acres • Sale Price: $1.775,000 • Close Date: October 30, 2015

Mel de Oliveira** CCIM 519 340 2311 mel.deoliveira@cbre.com

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

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

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

First Class Industrial Portfolio Commerce Way, Woodstock, ON

• 456,077 sq. ft. | 24.6 Acres • Sale Price: $21,000,000 • Close Date: September 17, 2015 Will Hunter* 519 340 2307 will.hunter@cbre.com

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

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

v 11277220_4515

* 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_4515

Tony DeSantis

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$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

$949,900

• Land & Building only • Call Ryan Briggs

1165 FRANKLIN ST. CAMBRIDGE

$11.95/SF

4515_DJW_3_0029

$12.00/SF

4515_DJW_1_0030

300 SHEPPARD AVE. CAMBRIDGE

$429,000

• Quality 1,140 sq ft store • Separate street frontage entrance for 1040 sq ft 2nd floor apartment.

• Lovely building on King St E in Preston with income and development potential.

• Call Duncan McLean

• No heritage designation • RM3 residential zone, multiresidential • Call Duncan McLean

• CAM $4.4.80/sq.ft.

• Great location close to Highway 401 • Call Chris McFarlane

• 3,000 sq ft. office unit • High profile building • Close to transit & Highway

• Attractive brick building with offices on main & 2nd floor plus 2 bedroom apartment in loft.

• Great exposure with 19,630 AADT (2014).

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

• Call Ryan Briggs

107 YOUNG ST, KITCHENER

$12.95/SF

• 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

FREDERICK MALL, KITCHENER

519.578.0337

CELL:

55 DELHI ST, GUELPH

Lease from

$9/SF

• On bus route • 12,000 s.f. + basement • 25 spaces parking • Lease from $9/sf • Call Duncan McLean

51 WOODLAWN RD W, GUELPH

$11.95/SF

• 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

#104-460 FREDERICK ST, KITCHENER

• Retail units and Pad Site available • On Bus Route and Highway 7/85 • Great neighbourhood mall with 22,945 AADT (2014) Join Valumart, CIBC, Dollarama and many more • Call Duncan McLean

KITCHENER, ONTARIO

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

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

• CAM $5.27 s/f • Call Chris McFarlane

4515_DJW_4_0032

$849,900

4515_DJW_0028

28 WEBER ST W, KITCHENER

735 WOOLWICH ST, GUELPH

4515_DJW_3_0058

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

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

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

• MLS. Call Ryan Briggs

4515_DJW_1_0053

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

• 3 overhead doors • 0.357 acre vacant light industrial land included • Call Duncan McLean • Or lease for $6.25/sf. + CAM

640 KING ST E, CAMBRIDGE 4515_DJW_0027

$499,000

4515_DJW_0026

1305-1309 KING ST E, CAMBRIDGE

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

4515_DJW_2_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

$649,900

8372 SIDEROAD 30, FERGUS

4515_DJW_2_0015

4515_DJW_2_0029

87 WEBSTER ST, NEW HAMBURG

ED

• 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

LEAS

$15.00/SF • 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_4515

$995,000

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

4515_DJW_1_0156

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

$1.8M

146-154 ERB ST W, WATERLOO

4515_DJW_1_0034

4515_DJW_1_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

4515_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 Multi-Residential Development Land Waterloo, ON

Retail Development Land Opportunity Brantford, ON

• 4.46 Acres • Potential for 393-500 units, 12 storeys • Asking $5,500,000 ($1,233,184/acre)

• 9.01 Acres • C10-6 (Community Centre Commercial) Zoning • Asking $5,500,000 ($610,432/acre)

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

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

Joe Benninger* CCIM 519 340 2323 joe.benninger@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

Freestanding Industrial building St. Jacobs, ON

• • • •

• • • •

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

± 32,564 sq. ft. on ± 3 Acres M-1 General Industrial zoning Possible ± 10,000 sq. ft. expansion available Asking $1,925,000

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

Future Development Land Cambridge, ON

Commercial Development Land

• • • •

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

11276500_4515

Industrial Development Land Woodstock, ON

• • • •

± 30.16 Acres of industrial zoned land (M1, M3) 70.03 Acres of environmentally protected bush land Highway 401 exposure Reduced Price $1,050,000

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

Dietmar Sommerfeld** 519 340 2314 dietmar.sommerfeld@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

8G

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11300531_3715

24 UNITS

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

2 Commercial and 22 residential units Lots of character, in the Ottawa Street On a main artery and near transit.

BIA. Sought after neighbourhood.

10 1-bdrm and 5 commercial units in the improving Barton St BIA.

Near the trendy Locke St S shopping district, and on a main artery

3 storey walk up with lots of character in an improving neighbourhood.

Well maintained! 3 Residential units and 1 commercial. Fully leased.

Near the new Stadium, Gage Park, plus two main transit lines.

Downtown between the Hamilton GO station and St Joe’s Hospital.

M3) h land

m

10 UNITS

60 UNITS

y

a

n�) the ket ghts

COMM_GLOSS_4515.indd 9

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10G COM

COMM_GLOSS_4515.indd 10

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HEAD OFFICE:

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

DOWNTOWN:

81 St. Paul Street St. Catharines | ON | L2R 3M2

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

Cell: 289.213.8886

dbm@NiagaraCommercialGroup.com

INVESTMENT OPPORTUNITY FOR SALE - $6.7M SPRING VALLEY MANOR 1600 PELHAM STREET, FONTHILL A rare investment opportunity nestled in the residential community and rolling hills of Fonthill. The complex has been part of the Owner's portfolio since 1964 and he is now retiring. The property shows pride in ownership with the hands on Owner's meticulous and immaculate maintenance. On the 4.82 acre site are two buildings. Building A with 34 units is a retrofit and Building B with 36 units was built in 1972. A stone wall with signage creates an impressive entrance to the complex and there is ample parking fo both Tenants and Visitors. The scenic ravine and pond creates a quiet ambiance for the Tenants. The complex enjoys virtually 100% occupancy with some long term Tenants for 20 to 30 years. The average overall rent per unit per month is $742.00, NOI at $370,564 and a 5.3% Cap Rate makes this an attractive investment for the prudent investment Buyer.

Offered by

Douglas McNaughton, Sales Representative

BUSINESS LAND AND BUILDING FOR SALE $3.8M 84 QUEEN STREET, NOTL

The owner is retiring after a long successful career with the Eipucrean. Turnkey operation with all management and staff are willing to stay. New owner will be trained on site and staff can be trained for new concept if necessary. The perfect opportunity for the experienced restauranteur. Contact Listing Agent for more detailed information including financial and recent appraisal.

Offered by

Sales Representatives

4515_DJW_0036

Sales Representatives

BUSINESS FOR SALE $550,000 LAZY LOON 155 HWY 20, FONTHILL

Offered by

Offered by

Sales Representatives

Sales Representative & Broker

Richard Hall

Sales Representative

905.650.7871 richardhall@royallepage.ca

South Landing Inn, circa 1814, features the quiet, unspoiled charm of a country inn situated in the quaint, historical village of Queenston. Nestled in one of Canada's most popular tourist destinations we are surrounded by history, only minutes from the world renowned Shaw Festival Theatre, fine and casual dining, music, vineyards and wine tours in Niagara on the Lake.

Sightseeing and historic sites abound in Queenston and along the Niagara River Parkway. A leisurely drive in the other direction on the parkway takes you to Niagara.

BUSINESS FOR SALE $260,000 UNIT 16 - 486 GRANTHAM AVENUE, ST. CATHARINES Super opportunity to own your own business with a 60 year proven track record. North St Catharines 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, and spotless clean with well above average income and huge upside potential to extend hours further and open on Sundays. Current owners have extensive culinary background, know all their customers by name and happy to train a new buyer for ongoing years of success.

The owner is retiring after a long successful career with the Lazy Loon. Turnkey operation.

It's amongst the most popular spots in the village with a tremendous loyalty base.

This business boasts great potential with even more growth and endless possibilities. It is the perfect business opportunity for any restauranteur.

38 Market Street, NOTL built in 1996 this two storey building is located in Old Town Niagara on the Lake directly next to the main public parking lot and the iconic Angel Inn. The main floor is currently occupied by a jewelry shop and Cheese Secrets specialty cheese store with a Class "A" second floor two (2) bedroom Vacation Suite (Market Street Loft).

The full height and dry basement is finished and is used for Wine Seminars, etc. Buyer has the option of vacant possession with a built-in temporary residence for a new owner operated opportunity.

Douglas McNaughton & Andrew McGregor,

4515_DJW_0035

Douglas McNaughton & Earl Alton, 4515_DJW_0034

BUILDING FOR SALE $1,385,000

MOTEL FOR SALE - $2,250,000 SOUTH LANDING INN 21 FRONT STREET SOUTH, QUEENSTON

Offered by

Douglas McNaughton & Richard Hall,

4515_DJW_0033

Douglas McNaughton & George Eller,

Earl Alton

Sales Representative

905.932.9000 ealton@royallepage.ca

4515_DJW_0037

Offered by

Douglas McNaughton & Andrew McGregor, Sales Representatives

Andrew McGregor Sales Representative

905.321.5202 Andrew@niagararegioncommercial.com

4515_DJW_0038

George Eller Broker

905.932.2222 George@niagararegioncommercial.com 11G COM

COMM_GLOSS_4515.indd 11

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When it comes to commercial real estate, use a REALTOR® and get back into business.

www.rahb.ca Learn more about how a Commercial REALTOR® can help you:

www.howcommercialrealtorshelp.ca

http://bit.ly/1kzFVzd

The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.

Garden City Realty Inc., Brokerage

11301409_4515

Independently Owned & Operated

Paul J. Szostak

“WE PRODUCE RESULTS”

Free CMA Evaluation with this cut out ad

BROKER / C.- C.R.E.C. / A.S.A.

stakteam@gmail.com

905-333-3500

LAND FOR SALE

SHERBROOKE - LOTS FOR SALE

Cayuga - Builders delight double lot (lots 15 & 16). Currently zoned residential single family with fantastic street view with some of the property bordered by a natural stream (Grand River Conservation) with beautiful views.

Clear Lake located approximately one hour from Ottawa, is situated off Highway 7, 21 km. West of Perth, Ontario. Here, nestled in gently rolling, well-wooded terrain, we find a country-lover's paradise. True to its name, Clear Lake offers 1.6 miles of crystal waters. For those who enjoy the boating life, there is a total navigable waterway up the Fall River of 8 km. Schools of pike and smallmouth bass provide excellent opportunities for early morning fishing, while walks through evergreen and hardwood forests feature a variety of small and larger animals including deer. Although the Clear Lake area has limited developments, we can, at this time, offer you a number of exclusive cottage and residential lots. All lots have easy road access with telephone and hydro lines nearby and on site. Call for details.

“INVESTORS DELIGHT!” - $388,888 Renovations required and priced to sell an investor/renovator/property manager. "Rare Find" Zoning for rooming house/boarding house with walking distance outside your door to hospitals, and shopping located on bus route as well. Excellent find for rehab/rooming house for government assistance programs for the right business person trying to find the location with walking distance and very little dependence on vehicle driving for tenants to be housed. Business entrepreneur special with huge income opportunities available to be great corner property with apartment building in front and behind and lots of stret corner exposure to all amenities including traffic and walk bys.

This property is to be sold "as is" and has approximately 9 bedrooms framed in with large facilitating kitchen and eating areas along with common living room areas and potential games room area.

NEW PRICE - $848,888

"BUILDERS DELIGHT" - $65,777

"PRIDE OF OWNERSHIP" - $388,888

Stunnign 4+1 bedroom, 3 baths, classic family home in sought after Ancaster neighbourhood. Premium private ravine setting with over 185 foot deep lot on beautifully landscaped rolling grounds - a true builder's delight!

This home has everything a growing family would ask for... and more!

Offering once in a lifetime very affordable Residential Rural Building lot with all the necessary amenities within a ten minute drive. Also only minutes walk to the Waterfront and beaches of Port Maitland @ Lake Erie.

This growing and developing area offers a huge amount of future growth and has been a non stop growing place. Take a drive and experience the solitude of such a wonderful quaint and quiet area to be enjoyed by the lucky purchaser of such a wonderful Building lot!

Original owners home built in 1957 and updated and maintained since day one includes; exterior doors and windows/2015, Roof/40 year shingles/2010, drain guttershield/ guards 2011, Carrier furnace hi/effic/2009, Coleman C/A unit 2005, elec. water heater (rental)/2009, Honeywell humidifier on furnace/2014, Honeywell electronic air cleaner 2014 and fully brandished with appliances; stove, fridge, microwave, dishwasher, overhead fan and lower level has Maytag washer, dryer and deep freezer and gas fireplace which all come with this beautiful spotless West Hamilton home.

12G COM

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Volume 15 Issue 11

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!

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Advertising deadline:

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Please say you saw it in The Commercial Investor

COM_4515.indd 1

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Maxvi

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Commercial Real Estate & Business Opportunities

Volume 15 Issue 11

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Special Features 08 BUSINESS SAVVY — Exporting represents golden growth opportunity for small-and medium-sized businesses in Canada: – RBC Economics 12 BUSINESS BAROMETER — CFIB reveals top entrepreneurial communities for 2015

p. 8

18 BUSINESS SAVVY — E-commerce continues to grow but online shopping evolving 20 MARKET MINDED — Canadian small businesses have been driving the economy but continued growth depends on innovation and exports 36 IN THE NEWS – Avison Young releases 3rd Quarter 2015 GTA Commercial Real Estate Investment Review 40 MARKET MINDED — Montreal & Toronto: Industrial Market Comparisons

p. 48

48 MARKET MINDED — Over half of Canadian entrepreneurs have seen growth in their businesses since establishment: BMO Report 50 BUSINESS BAROMETER — Business Barometer climbs for first time in four months 52 MONEY SENSE — Canadian holiday retail sales expected to grow four per cent: EY 56 BUSINESS SAVVY — Self storage industry in danger of oversupply in western Canada 60 IN THE NEWS — Ontario helping small businesses save energy GLOSSY SECTION EDITORIAL 20G LEGALLY SPEAKING — Surviving closing

By Jayson Schwarz LL.M

p. 52 Please say you saw it in The Commercial Investor

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Volume 15 Issue 11

3

Commercial Real Estate & Business Opportunities

OPPORTUNITY IS KNOCKING Don’t miss any opportunities!

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COM_4515.indd 3

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4

Commercial Real Estate & Business Opportunities

Volume 15 Issue 11

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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NewSectionPages_FullColor2015.indd 2 COM_4515.indd 4

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Volume 15 Issue 11

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_4515

Grand Valley Realty

BROKERAGE INDEPENDENTLY OWNED AND OPERATED

Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 345 SPRUCE STREET, WATERLOO

60 MARSHALL STREET, WATERLOO

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

2,480,000

1,450,000

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

SOLD

$

4515_DJW_1_0094

675,000

• $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®

649,900

59 WILLIAM STREET WEST, WATERLOO

429,900

422,300

$ 4515_DJW_0030

135 LONGWOOD CRESCENT, WATERLOO

489,900

$

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

4515_DJW_2_0031

4515_DJW_1_0010

158 ERB STREET WEST, WATERLOO

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

399,900

$

4515_DJW_2_0054

224 CARTER AVENUE WATERLOO

399,900

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

• Newer furnace, flooring, paint, shed • MLS®

130 ERB STREET WEST, WATERLOO

• $43,000+ Gross Income • 7+3 Bedroom Duplex • Steps to Uptwon Waterloo • Tremendous Value • MLS®

4515_DJW_1_0005

40 CARDILL CRESCENT, WATERLOO

499,900

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

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

$

4515_DJW_1_0096

$

• Spacious bedrooms, two car garage for landlord or tenant storage.

• MLS® 4515_DJW_3_0004

4515_DJW_0029

84-86 REGINA STREET NORTH, WATERLOO

67 CARDILL CRESCENT, WATERLOO

516,000

$

Y NALL

DITIO

CON

$

$

$ 4515_DJW_3_0007

32 HICKORY STREET WEST, WATERLOO

465 HAZEL STREET, WATERLOO

• $48,000+ Annual Gross Income Available!

• 9 student city-approved, rental licensed property

1,400,000

$ 4515_DJW_3_0006

310 KING STREET NORTH, WATERLOO

899,900

• $118,000+ Gross Income • Lovingly Maintained 12 plex • Semi-solid construction • Fully rented • MLS®

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

$

$

396 SOUTHILL DRIVE, KITCHENER

• 5+1 Bedroom Property • Rental Licensed, City Approved • MR4 Zoning • Close to two future LRT stations • MLS® 4515_DJW_1_0099

BRIDGEPORT LOFTS

392,900

$

4515_DJW_2_0030

• $39,000+ Projected Gross • 4+3 Bedroom Duplex • New Roof (2015) • Easy Walk to WLU, Direct Bus to UW • MLS®

4515_DJW_0031

• Unit 3 - $317,900 - City Licensed, 5 Bedrooms, MLS® • Unit 6 - $309,900 - 4.80% Cap, MLS® • Unit 17 - $317,900 - 4.92% Cap, MLS® • Unit 20 - $399,900 - 5.22% Cap, MLS® 4515_DJW_1_0101

Please say you saw it in The Commercial Investor

3:47 PM

COM_4515.indd 5

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6

Commercial Real Estate & Business Opportunities

Volume 15 Issue 11

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 OFFICE/RETAIL FOR LEASE FOR SALEKitchener COLDWELL BANKER COMMERCIAL 1,774 SF · $9/SF · MLS: KW1531511· 839 SF· $12.00/SF ·MLS: KW1537515 · Kitchener Waterloo · Impressive, 2nd floor office in well

OFFICE/RETAIL FOR SALE/LEASE Bi‐ level space, retail or tech. Full A/C Abundant Finished office, great for medical & service use.

PETER BENNINGER REALTY, BROKERAGE

known building. Abundance of natural light.

RETAIL OR REDEVELOPMENT SITE 1,485 SF- 2,056 SF · $16.00/SF · MLS: parking.

A Acres very · economical opportunity.

1,586 Gary Boudreau*/ James Boudreau** SF · 0.12 $979,000 24/7 electronic reader board. Free parking with 508 RIVERBEND DRIVE, KITCHENER, ON.

1432155/163/162 ·Located· at the KW 1,337 SF ‐ 1,375 · Waterloo SF · $16.00/SF MLS:

John Hoffman* MLS:1421708, 1421709 · Kitchener · Unique many amenities nearby.

Very accessible, Hwy 2,550 SF Net · $12.00/SF· MLS · Cambridge High

entrance to the new Carriage · Crossing Phone: 519‐743‐5211 1432155/2163 · Waterloo Located upscale at the 85 Profile Location. Corner Lot. Located & iXpress seconds away.

Colin Vogel* community. Zoning allows for many uses includ- Retail store front unit with high exposure and beside RETAIL OPPORTUNITY farmers INVESTMENT market. Great Re-development entrance to new Carriage Crossing upscale com‐ 1,058 SF· $1,000/Mth· MLS:1444266 ·Kitchener site.

Lester Tobin* ing retail, business, medical office and more. r e s t o n . high traffic.

Located in downtown 20,700 SF· $3,200,000 · MLS: KW1524441 space for professional, medical orPoffice. munity.

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

Lester Tobin* Ample parking on King.

Gary Boudreau* 4,900 SF· 1,450,000 · MLS 1517403· Kitchener Kitchener · Fully rented plaza, exposure to 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, expswy, tenants include Short Stop, Wings Up, Waterloo · Impressive, 2nd floor office in well left! John Hoffman*/Gary Boudreau*

new HV/AC installed, very interesting building.

C O M SF M E·R$32.00/SF C I A L / R Net E S I ·DMLS:1444530 ENTIAL MIX 2,786 Blend Hair Studio to name John a few.

Call for 1,049 SF · $19.95/SF· MLS: 1447244· Kitchener known building. Abundance of natural light.

23 parking spaces onsite.

Hoffman* RETAIL OR REDEVELOPMENT SITE 1,572 SF· $399,000·MLS: KW 1531391·Waterloo 1,485 SF- 2,056 SF · $16.00/SF · MLS: Waterloo · High profile location in Waterloo’s 1,586 SF · 0.12 Acres · $979,000 details.

Lester Tobin* 920 SF Divisible· $1,999/ Mth·MLS: KW1337773 24/7 electronic reader board. Free parking with Last unit!

Drive-up retail/office unit located in 1432155/163/162 · Waterloo ·Located at the Potential main floor and 2nd floor MLS:1421708, OFFICE BUILDING FOR· SALE/LEASE University district.

Twocommercial level retail unit with 1421709 Kitchener · Unique

amenities nearby. Very accessible, Hwy Waterloo · Impressive, 2nd floor office in Hwy well many newly developed community, 12,184 SF · Location. $2,095,000 OR $5.50/SF · Waterloo on-site parking situated at Waterloo. base of a student entrance to the new Carriage minutes Crossingfrom upscale residential in Uptown Many new High Profile Corner Lot. Located 85 & iXpress seconds away.

Colin Vogel* # 401 and Conestoga College.

Lester Tobin* known building.

Abundance of

natural light. community. Zoning allows for many uses includ- apartment building.

Lester Tobin* beside MLS 1521512 Well suited office building, high farmers ·market.

Great Re-development upgrades. Lester Tobin* 1,058 SF· $1,000/Mth· MLS:1444266 ·Kitchener INDUSTRIAL/WAREHOUSE 24/7 electronic reader board. Free parking with site. finishes throughout, existing Lester Tobin* ing retail, business, medical office and more.

quality furnishings Great space for professional, medical or office.

1,153 SF - 3,853 SF · $24.00 - $30.00/SF !

Only 3amenities units left! End Cap Very unit w/finished patio many nearby. accessible, Hwy 1,772 SF · 2,332 SF · $20/SF Net · MLS: KW1531‐ 1,500 10,759 SF · $26.00/SF Net are included.

James Boudreau** Ample parking on King.

Gary Boudreau* FOR SALE/LEASE 4,900 SF· 1,450,000 · MLS 1517403· Kitchener MLS: 1437 13/614/608/599/602/595/607/605 1512116 · Kitchener · New retail plaza on Exceptional property. Freestanding, Renovated, John Hoffman*/Gary Boudreau* 85 & iXpress seconds away. Colin Vogel* 536/539 · Kitchener · New retail plaza on Huron Kitchener · New space at Sportsworld Crossing. MLS: INDUSTRIAL/WAREHOUSE corner of Fischer - Hallman and Seabrook Dr. FOR HV/AC installed, very interesting building.

Join existing retail & restaurant traffic draw.

2,786 SF ·high $32.00/SF Net Rd. with traffic and · MLS:1444530 exposure. Ample on‐ new

high traffic. Ample on-site 23 parking spaces onsite.

John Hoffman* 1,049SF· SF ·$75.00/SF $19.95/SF· MLS: 1447244· Kitchener SALE/LEASE Lester Net· Tobin*/ GaryKW1534274 Boudreau* High-exposure 736 MLS: Waterloo · High profile location in Waterloo’s site drive‐up parking. Lester Tobin* drive-up parking.

Lester Tobin* 100,000 + SF on 6.18 Acres · $7,300,000 Last unit! Drive-up retail/office unit located in OFFICE BUILDING FOR SALE/LEASE University district. Two level retail unit with

Waterloo · Indoor mall style on two levels. High 2,598 SF · $11.00/SF Net · MLS: 1511580 MLS:30501792 · Kitchener · Investment newly developed community, minutes from Hwy on-site parking situated at base of a student 10,688 SF · $6.75/SF· EXCLUSIVE · Waterloo For SF · $5.50/SF · MLS 1518080· Kitchener 12,184 SF · $2,095,000 OR $5.50/SF · Waterloo 1,100 SF · $5.50/SF · MLS: 30501890 · Kitchener pedestrian and traffic; traffic 44,914 location.

Good daily. tenant 21,775 Kitchener · High Vehicles Sale, Location. lease in Exposure place , to single tenant.

Call for Great King St. N. Across # 401 and Conestoga College. Lester Tobin* apartment building.

Lester Tobin* MLS 1521512 · Well suited office building, high manufacturing and/or warehouse High Traffic ‐ High exposure location. On‐site from support. Lester Tobin* M 3 Zoning. John Hoffman*/ Gary Boudreau* Excellent Conestoga Mall.

John Hoffman* details. John Hoffman* quality finishes throughout, existing furnishings facility.

Good power, loading and parking

parking available for Tenant. Lester Tobin* 3,931 1,153 SF - 3,853 SF · $24.00 - $30.00/SF

SF · $3.00/SF · MLS:1414196 · Kitchener 1,500 - 10,759 SF · $26.00/SF Net James Boudreau** R. Blake Hull* are included.

915 SF· $12.00/SF · MLS: KW1534412· Stratford

4,900 1437 SF· $14.50 SF· $1,450,000 MLS: 13/614/608/599/602/595/607/605 Dry storage or distribution at a low cost. Extra MLS: 1512116 · Kitchener · New retail plaza on SF ·· $5.50/SF· MLS· 1521635 · Kitchener · 13,735 SF · $4.95/SF · MLS# KW1524256 MLS:1437522· Kitchener · Crossing.

Kitchener New1517403 space at ·Sportsworld 530 SF $18.00/SF MLS: KW1531262 Last unit! ·Located near downtown core and 1,100 yard space available.

John Hoffman* Cambridge · Freestanding Industrial/Warehouse cornerTraffic of Fischer Hallman and Seabrook Dr. INDUSTRIAL/WAREHOUSE FOR Fullyexisting renovated, open webbed ceiling.

Newly Join retail & restaurant traffic draw.

High - High- exposure location.

On-site Kitchener · Turn‐key hair/nail salon. High traffic New University. Great exposure. Ample on‐site High-exposure high traffic. Ample on-site renovated, veryLester interesting building. parking SALE/LEASE 2,306 SF · $5.50/SF · MLS: 1511731 Tobin*/ Gary 23 Boudreau* facility.

Centrally located w/access off 2 parking available for on‐site tenant drive‐up Lester Tobin*

location.

Ample parking. drive-up parking.

Lester Tobin* drive‐up parking. Lester Tobin* spaces onsite. CAM’s only $5! John Hoffman* Kitchener · Very SF central location,3,335 Finished streets.10,400 Warehouse, SF Office.

2,598 SF · $11.00/SF Net · MLS: 1511580

Lester Tobin* office w/ 2 ·w/r’s.

LargeEXCLUSIVE Garage door, 17’ clear 10,688 SF $6.75/SF· · Waterloo 2,100 SF · ·$10.35/SF 1517955 ·Kitchener Waterloo

Lester Tobin* 21,775 SF $5.50/SF · MLS 1518080·

Kitchener · High traffic; 44,914 Vehicles daily.

1,882 SF · $13.75/SF· MLS: KW1527151 5,200 SF · $12.00/SF · MLS:1441235 ceilingLocation. in shop. Exposure to King John Hoffman* Great St. N. Across

Industrial/Retail space. Sub-lease untilKW1522436 Aug. manufacturing and/or warehouse 4,015 SF · $14.00/SF · MLS: M 3 Zoning.

John Hoffman*/ Gary office.

Boudreau* from Conestoga Mall.

John Hoffman* Cambridge · Fully finished office/retail spaceHigh w/ Excellent Waterloo · 2nd floor professional 9,360 SF· $6.50/SF· MLS:1431568 · Kitchener 6,287 SF ·$7.00/SF· MLS: KW1531928· Kitchener 2016.

Long term lease available. facility.

Good power, loading and parking · High traffic location on Hespeler 3,931 SF · $3.00/SF · MLS:1414196 · Kitchener high exposure. Minutes from hwy# 401. On-site traffic/visibility intersection.

Additional space Cambridge James Greatone for with Dock 21’drive clearthru spantruck shop.bays, Boudreau**/Gary Boudreau* R. Blake Hull* 16 Rare to doors, find! 2 4,900 SF· $14.50 SF· parking.

Space can be$1,450,000 divided. Lester Tobin* Rd.w/excellent tenant support including: Dry distribution at a low cost.

Extra highstorage volume or trucking business.

Large land for could be available. Colin Vogel* 1,100 SF · $5.50/SF· MLS 1521635 · Kitchener MLS:1437522· 1517403 · Kitchener · pit. space Tool trailer room attached.

Abundant yard space available.

John Hoffman* truck and avail. @ extra expense.

7,699 Winners, Value Village, Pet Value, Sleep Country yard Fully renovated, open webbed ceiling. Newly - High SF· exposure location.

On-site 1,100Traffic SF · $16.00 MLS 12 · Kitchener sfavail. at extra cost. John Hoffman* shop & 1,661 SF office.

John Hoffman* 736 SF · $75.00/SF · MLS: 1444506 · Waterloo High and many more. Lester Tobin* renovated, very interesting building.

23 parking 874 SF ·$1,622/Mo· MLS: KW1514546·Port Elgin parking available for tenant Lester Tobin* 2,306 SF · $5.50/SF · MLS: 1511731 Last Unit!

Indoor mall style units John on twoHoffman* levels in High Traffic - High exposure location. On-site spaces onsite.

CAM’s only $5!

Kitchener · Very central location, Finished High traffic retail location. Located across from parking available for tenant .

Lester Tobin* 2,400 SF · $5.50/SF · MLS:1431886 the heart of Waterloo’s University District w/ 10,300 SF ·$10.25/SF · MLS: KW1534976 office 2 w/r’s.

Large Garage door, 17’Kitchener clear 9,360 w/SF· $6.50/SF ·MLS: 30501592· Tim Horton’s at signalized intersection.

Kitchener Excellent space in 5 unit industrial .

2,100 SF · $10.35/SF · MLS 1517955 · Waterloo direct access to landlord’s student residential 5,200 SF · $12.00/SF · MLS:1441235 ceiling in shop .

John Hoffman* Waterloo · Very well finished tech space. Work bldg.

7,699 sf 16 dock shipping area.

1,661 sf office Suitable for small manufacturing or 2,237 SF · $14.00/SF· MLS: 1521035 · Waterloo Industrial/Retail space.

Sub-lease until Aug. James Boudreau**/Gary Boudreau* tenants (over 2,000).

High pedestrian trafficw/ stations, 4 meeting rooms, some private offices, service commercial business. Easy access to · Fully finished office/retail &space w/drivers area, MLS:1431568 new doors, · Kitchener bright, well Cambridge 9,360 SF· $6.50/SF· 2016. term lease available.

PrivateLong entrance with winding stairway leading location.

Lester Tobin* & Cambridge.

R. .Blake high exposure. Minutes from hwy# 401. On-site lab space, large lunch room. John Hoffman* Guelph, Great Hull* for Dock K-W doors, 21’ clear span shop 2,550 SF · $12.00/SF· MLS: KW1521428 to professional windowed. John Hoffman* James Boudreau* 16 2ndBoudreau**/Gary floor office. Well appointed parking. Space can be divided. Lester Tobin* high volume trucking business. Large land for 915 SF · $12.00/SF · MLS:front 1514008· Cambridge· Retail store unit Stratford with high reception area.

Colin Vogel* INDUSTRIAL PROPERTY FOR SALE & LEASE

truck and trailer avail. @ extra expense. 7,699 · 2,400 Mezzanine · · MLS 1534730/ 3.09 Acres Last unit! Located near downtown core and newin 1,100 SF exposure and high E ·B$16.00 U I L D ISF· N GMLS F O R12 L· EKitchener A S E & S A L E 28,000 sf6,350 ‐ 8,786 SF · $5.25‐$5.75/SF shop SF & 1,661 SF SF office.

John Hoffman* 736 SF · $75.00/SF · MLS:traffic.

1444506Located · Waterloo O F F I C $1,895,000·$4.50/SF Net MLS: 1434971, University.

Great exposure.

Ample on-site driveSF· $16.00/SF · MLS:1424242 High Traffic - High exposure location.· Brantford On-site downtown Preston. Lester Tobin* 12,184 SF· Divisible · 2,095,000 · $12.95/SF MLS: 1534722 · Kitchener · 2 units avail.‐end unit w/ Last Unit! Indoor mall style units on two levels in 2,050 1511326 · Cambridge · Zoned M3 – dynamic End capavailable retail unit.forDrive-up parking.

Lester Tobin* parking tenant . parking.

Lester Tobin* 2,400 SF · $5.50/SF · MLS:1431886 up the heart of Waterloo’s University District w/ KW 1521512 located office uses.

Lrg showroom, 2 drive‐in doors. 2nd unit w/25% Heavy power. Was a federal food grade HWY exposure.· Waterloo · Well Lester Tobin* Kitchener Excellent space in 5 unit industrial .

1,488 SF‐3,545 SF · $24‐$26/SF · MLS: KW 1525‐ facility.

John Hoffman* direct access to landlord’s student residential building.

Quality finishes throughout.

Existing finished office space, nice finish, dock & drive, bldg.

Suitable for small manufacturing or 874 SF · $1,300/Mth· MLS 1514546 · Port Elgin 2,237 SF · $14.00/SF· MLS: 1521035 · Waterloo 104/105/115 · Kitchener · Sportsworld Crossing tenants (over 2,000). High pedestrian & traffic furnishings are included. James Boudreau** great location. John Hoffman* 4,200 SF · $10.50/SF Net · MLS: 1418072 service commercial Easy access to High traffic retail location. Located across from 5,040 SF· $810,000 business. · MLS: 1437535· Waterloo entrance with winding stairway leading location.

Lester Tobin* Private is a landmark destination located to serve all of 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. professional 2nd floor office. Well appointed

Waterloo James Region and beyond. &to 800 SF · $22.00/SF · MLS: 30501217 · Waterloo Conestoga Pkwy.I-6 Zoning. Gary Boudreau* bldg. Many uses with I-6 Zoning including 100% Boudreau**/Gary 915 SF · $12.00/SF · MLS: 1514008·Boudreau* Stratford reception area.

Colin Vogel* 3,450 SF · $11.00/SF Gross · MLS: KW 1537169 PROPERTY FORJohn SALEHoffman* & LEASE office.

Gary Boudreau*/ Lester Tobin* Rare main floor opportunity. High traffic INDUSTRIAL 28,000 SF · 2,400 SF Mezzanine · 3.09 Acres Last unit! Located near downtown core and new Kitchener · Clean industrial space, finished

intersection of University & Bridge. Seconds $1,895,000·$4.50/SF Net MLS: 1434971, * Sales Representa�ve RUniversity.

E T A I L OGreat R Rexposure.

E D E V E LAmple O P M on-site E N T driveS I T E 2,050 SF· $16.00/SF · MLS:1424242 · Brantford 1511326 offices, ample power. James Boudreau** · Cambridge · Zoned M3 – dynamic from Hwy 85. Colin Vogel* End cap retail unit. Drive-up parking. up parking.

Lester Tobin* ** Broker 1,586 SF · 0.12 Acres · $925,000 · MLS: 3050 HWY

exposure.

Lester Tobin* uses. Heavy power. Was a federal food grade John KW1522283· Hoffman* 1737/1745 · Kitchener · 1514546 Unique High SPACE FOR LEASE facility.

10,700 SF· $695,000 · MLS: 874 SF · $1,300/Mth· MLS · PortProfile Elgin RETAIL/STUDIO 4,200 Net · MLS: 1418072 Location.

Lot. Located beside Kitchener· mul� Tenanted bldg.

Good 3,092 SF SF · $10.50/SF Net · $6.00/SF· MLS · Cambridge 5,040 High trafficCorner retail location.

Located acrossfarmers from SF· $810,000 · MLS: 1437535· Waterloo · Busy location, close artery to U of W, W.L.U market.

Re‐development site. Waterloo opportunity for utilized owner/user.

Well located in Ac. Site under w/ existing 5040 sf Great location, on main (hwy #8) .60 Tim Horton’sGreat at signalized intersection.

ManyKitchener. uses with I-6 Zoning 100% Pkwy.I-6 Zoning. Gary Boudreau* bldg.

Lester Tobin* Central including John Hoffman* James Boudreau**/Gary Boudreau* & MConestoga i n u t e s south of hwy 401. Lester Tobin* office.

John Hoffman*

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

8331512_4515

COM_4515.indd 6

Please say you saw it in The Commercial Investor

2015-11-05 4:19 PM

Volume 15 Issue 11

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 SFSF · $125,000 · MLS:· 1517668 · $399,000 MLS: KW1531898 66.58 Acres Acres · ·$2,200,000 EXCLUSIVE 4,437 Waterloo Region · Currently Being Farmed.

Waterloo· Belgium style poutine restaurant in · Established since 1996 with many Cambridge· Under consideration to change OP Waterloo PETER BENNINGER REALTY, BROKERAGE

Call for info pkg! prime location on King at University. All new throughout Ontario.

Family with style designation to industrial. Peter Benninger** 1,560 SF · $269,000 · MLS:1425046 equipment.

Business can be purchased Peter Benninger**/Colin Vogel* locations 508 RIVERBEND DRIVE, KITCHENER, ON.

restaurant with liquor license and seating for or without franchise.

Lester Tobin* Cambridge · Downtown Preston property. Main DEVELOPMENT LAND FOR SALE 37.5 Acres · $3,000,000 HIGH DENSITY MIXED · MLS: USE 1244781 DEVELOPMENT 148 plus 25 on patio. Lester Tobin* Phone: 519‐743‐5211 floor retail, 2nd floor office or residential. On-site PortAcres· Elgin · $5,850,000 Incredible investment.

At the 3 . 5 8 A c r e s · $995,000 · Conestogo · Backs 3.25 · EXCLUSIVE· Kitchener parking.

Lester Tobin* gateway to Port Elgin. 800 meters from new onto forested area. Excellent re‐development Frontage e: commercial@coldwellbankerpbr.com on 2 major streets at the www.coldwellbankerpbr.com/commercial Walmart plaza a few min. walk to onegateway of the to MULTI FAMILY FOR SALE James Boudreau **/Gary Boudreau opportunity.

MULTI-FAMILY FOR SALE Kitchener.

Excellent in access most beautiful sandy beaches Ontario!to Hwy RETAIL PLAZA W.CONVENIENCE STORE * downtown

Approx.217 Acres · $4,340,000 · EXCLUSIVE 808 SF · $125,000 · MLS: 1517668

FOR SALE James Boudreau** 3,408 SF INVESTMENT · 0.25 Acres · $1,550,000 401 via Hwy 8 Directly on proposed light rail Waterloo· Belgium style poutine restaurant in Waterloo Region · Currently Being Farmed.

COMMERCIAL DEVELOPMENT LAND MLS #1511142 · Waterloo · Two unit FOR retail SALE plaza transit route.

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

All new 36 Units $5,500,0000 · MLS: KW1511369 5,498 SF $850,000 Lester · Kitchener with Tobin* 19,589 SF · 3Peter Ac.· $1,800,000 · MLS: Vogel* equipment.

1,560business.

SF ·(approx) $269,000 · · MLS:1425046 Business can be purchased with Benninger**/Colin Kitchener · Brand New! 100% Leased, 100% Kitchener · Brand New! 100% Leased, 100% Approx.217 Acres · $4,340,000 · EXCLUSIVE Wa‐ 1444282 Woodstock · Single storey building Income or without franchise.

Lester Tobin* Cambridge· ·Income Downtown Prestonfrom property.

Main EXCLUSIVE potential buildings. guarantee & building warranty.

37.5 Acres · $3,000,000 · MLS: 1244781 Income guarantee& bldg warranty.

Generously terloo Region · Currently Being Farmed. Call for containing 8 classrooms, gymnasium and Generously sized units w/ premium finishes, floor retail, 2nd floor office or residential.

On-site Port Elgin · Incredible investment. At the Redevelopment parcel. James Boudreau**

playground commercial zoning. Vogel* sized LAND FOR SALE stainless appliances, in suite laundry,steel units steel w/premium finishes, stainless pkg! with Peter Benninger**/Colin Lester Tobin* info parking. gateway to Port Elgin. 800 meters from new Residential re-development is obtainable.

Separate hydro & gas meters.

Locatedhydro steps& Separate appliances, in suite laundry, Walmart plaza a few min. walk to one of the LAND&BUILDINGS ‐ INVESTMENT OFFICE MULTI FAMILY FOR SALE Lester Tobin* away from shopping and expressway.

2.8 Ac.Land · $4,000/month · MLS: KW 1514567 most beautiful sandy beaches in Ontario!

RETAIL PLAZA W.CONVENIENCE STORE gas meters. Located steps away from shopping 12,853 SF · $2,500,000 · Kitchener · EXCLUSIVE Located on major transit route.

4,200 SF Bldg.· 0.60 Acres · $2,300,000 Fully fenced with one gate, graveled and & expwy On major transit route. Eric Reiner* James Boudreau** 3,408 SF · 0.25 Acres · $1,550,000 LAND FOR LEASE IN KITCHENER Eric Reiner* Multi‐tenant office building. Centrally located. compacted. Bleams Road coming through in the MLS: 1444528 · Cambridge · High profile 2.8 Acres · $4,000/month · MLS: 1514567

MLS #1511142 · Waterloo · Two unit retail plaza FORMER SCHOOL/RE-DEVELOPMENT SITE 36 Units · $5,500,0000 · MLS:1511369 re-development sitesuitable located directly across Zoning & property for many uses.

Fully fenced with one gate, graveled and 36 Units · · $14,750,0000 · MLS: KW1528208 with Lester 19,589 SF · 3 Ac.· $1,800,000 · MLS: frombusiness.

Cambridge Memorial Hospital.

185Tobin* ft of Spring of 2015! John Hoffman* Kitchener Brand New! 100% Leased, 100% compacted. Bleams Road coming through in the James Boudreau** Forguarantee Commercial Estate frontage. Current use is a 4,200 sf restaurant. 1444282 Woodstock · Single storey building Waterloo · Recently purpose built Income &constructed, building Real warranty.

Spring of 2015!

John Hoffman* Acres · 8 $1,995,000 MLS: KW 1517392 containing classrooms,· gymnasium and w/ 67 parking spaces.

Lester Tobin* 1.03 Generously sizedinunits w/ premium finishes, investment property. 100% Occupied, 6.1% CAP Solutions Canada's Technology LAND AND BUILDINGS FOR SALE

1 1.03 Acre Acres development land.

Wide range of uses stainless steel appliances, in suite laundry, playground commercial LAND FOR SALE · with $1,995,000 · MLS:zoning.

1517392 Rate!

Located steps away any from U of and 2.0 Ac.· · MLS:1337641 · Kitchener 3,687 SF $500,000 · $775,000 · MLS: KW1537347· Triangle, one of W our Residential re-development is range obtainable.

Separate hydro contact & gas meters.

Located steps permitted. James Boudreau* 1 Acre development land.

Wide of uses Trillium Huron w/excellent Lester Tobin* Wilfrid Laurier University. Eric Reiner* St Corner Jacobs ofWhy pay and rent?

Excellent opportunity permitted. awaysales from shopping and expressway.

James Boudreau* representatives, or call access to Hwy 7/8 and Hwy 401. Many uses 4,200 SF Bldg.·Colin 0.60 Acres · $2,300,000 for Owner/User.

Redevelopment potential. 1.8Ac.· $589,900 · MLS:KW1524216· Kitchener Located on major transit route. permitted.

Vogel*/Peter Benninger** 519-743-5211.

LAND FOR LEASE IN KITCHENER 13 Units · $4,999,0000 · MLS: KW1527081 Eric Reiner* MLS: 1444528 · Cambridge · High profile zoned land permitting many James Boudreau**/ Gary Boudreau* Industrial 2.8 $4,000/month · MLS: 1514567 Acres ·BUSINESS FOR SALE Waterloo · 7% Cap Rate. Recently re-development site located directly across commercial and office uses. Lot can be severed.

Fully fenced with one gate, graveled and HIGH-DENSITY MIXED-USE DEVELOPMENT! fromAcres Cambridge Memorial Hospital. ft of 37.5 · $4,250,000 $1,700,000 · MLS: KW 185 1244781 compacted. coming throughTobin* in the constructed income property Close proximity to SALES REPRESENTATIVES: Bleams Road Lester 5.09 Ac. ·Current · EXCLUSIVE For Commercial Real Estate frontage. use is a 4,200 sf restaurant.

John Hoffman* UofW and Wilfrid Laurier University. 100% Spring of 2015!

Port Elgin ·

Incredible investment.

At the Cambridge · 5 min walk to Cambridge Centre w/ 67 parking spaces.

Lester Tobin* 2,000 SF · $149,000 · MLS: 1434965 Solutions in Canada's Technology 10.87 Acres · $3,600,000· EXCLUSIVE· Brantford Gary Boudreau * for gas · ext.

3029 gateway to Port 800 new Elmira · Excellent opportunity to own an up & Leased Separate meters and hydro.

Mall. 3 min driveElgin. to hwy 401meters Directlyfrom across 1.03 Acres · $1,995,000 · MLS: 1517392 2.0 $500,000 · MLS:1337641 Kitchener fromAc.· natural conservation area.to · one Triangle, contact any one of our Walmart plaza a few min. walk of the High traffic, high visibility. Part of intensification Eric Reiner * coming café and catering business 1 Acre development land. Wide rangew/ of dream uses James Boudreau ** · ext.

3020 Corner of Trillium and Huron w/excellent Peter Benninger**/Colin Vogel* corridor by the city. permitted.

James Boudreau* kitchen forbeing even thestudied most experienced chef. most beautiful sandy beaches in Ontario! sales representatives, or call access to Hwy 7/8 and Hwy 401. Many uses Selby Colson * · ext. Estate 3100 Lester Tobin*/ James Benninger** Boudreau** For Commercial Real permitted.

Colin Vogel*/PeterBoudreau** Benninger** Peter James 519-743-5211.

INVESTMENT FOR SALE

LAND FOR SALE

GREAT RE-DEVELOPMENT SITE

FOR SALE $349,900 · MLS:1447072 2.0 Ac.· $500,000 · MLS: KW1337641· Kitchener 5,887 SF ·BUSINESS 25,182 SF · $2,420,000 · MLS:1417598 HIGH-DENSITY MIXED-USE DEVELOPMENT! BUSINESS FOR SALE Cambridge · Established full service Brockville · Some medical onsite.

Walking

Corner of Trillium & Huron w/excellent access 5.09 Ac. · $4,250,000 · EXCLUSIVE restaurant with liquor license and patio. distance from Hospital.

Some new leases to Cambridge Hwy 7/8 & · Hwy uses permitted.

5 min401. walkMany to Cambridge Centre Located on Grand River. Upscale dining with 2,000 SF · $149,000 · MLS: 1434965 pending.

JohntoHoffman*/Gary Boudreau* Mall.

3 min drive hwy 401 Directly across 1,489 Colin Vogel*/Peter Benninger** SF · $159,000 · MLS: KW1527315 California cuisine.

Elmira · Excellent opportunity to own an up & from natural conservation area.

Lester Tobin*/ James Boudreau** coming café and catering business w/ dream Waterloo · Fit for life sandwich bar located Peter Benninger**/Colin Vogel* HIGH‐DENSITY DEVELOPMENT! kitchen for even the most experienced chef.on HIGH DENSITYMIXED‐USE MIXED USE DEVELOPMENT 5.09 · MLS: KW1527092 · busiest corner in Waterloo’s University District.

1,156 SF ·Lester $274,900 · MLS: 1511182 3.25Ac.·$4,250,000 Acres · $5,850,000 · EXCLUSIVE Tobin*/ James Boudreau** Waterloo · Profitable business with growth Kitchener High · Frontage onmixed 2 majoruse streets at the Cambridge profile, parcel on New Location ‐ High traffic. Lester Tobin* GREAT RE-DEVELOPMENT SITE

potential. fixtures and equipment included.

SF ·All $349,900 · MLS:1447072 gateway totraffic Kitchener.

ExcellentRd. 5,887 25,182 SF ·downtown $2,420,000 ·Hespeler MLS:1417598 high MECHANIC SHOP full service AND Boudreau* LOT James Boudreau**/Gary access to Hwy 401medical via Hwyonsite.

8 Directly on Cambridge · Established Brockville · Some Walking Peter Benninger**/Colin Vogel* 1,440 SF· $559,000·MLS: KW1535223· Kitchener proposed light rail transit route. restaurant with liquor license and patio. distance from Hospital. Some new leases PeterHoffman*/Gary Benninger**/Colin Vogel* 1,426 SF· · MLS: 1511046 Located on$99,900 Grand River.

Upscale dining with mechanic business on quarter acre pending.

John 8.28 Acres · $1,558,000 · MLS: KW Boudreau* 1522201 Established California ·cuisine.

Waterloo Gourmet Pizza & Pasta restaurant. site. Ideal for used car sales. R. Blake Hull* Cambridge · ·Fantastic location to build up to 66.58 Acres $2,200,000 · EXCLUSIVE

Tobin*/ James Boudreau** High salesLester with huge potential.

Located in the

Cambridge· consideration to uses change OP 1,800 city’s SF fastest growing area.

High exposure on 64,207 ft. Under in 2 MIXED buildings. within HIGH sq.

DENSITY USEMany DEVELOPMENT · $275,000 · Exclusive · Waterloo designation industrial. · EXCLUSIVE Peter Benninger** busy 1,156roundabout.

SF · $274,900 · MLS: 1511182 Lester Tobin* 3.25 Acres ·toincluding $5,850,000 M3 zoning residential. In park Well established & highly respected full service Kitchener · Frontage on 2 major streets at the Waterloo · Profitable business with growth setting. John Hoffman* fine/casual restaurant located in potential. Alldining fixtures and equipment included. gateway to downtown Kitchener. Excellent

Waterloo’s uptown. Lester Tobin* James Boudreau**/Gary Boudreau* access to Hwy 401 via Hwy 8 Directly on G Rproposed E A T light R E ‐rail D Etransit V E L Oroute.

PMENT SITE 25,182 SF · $2,420,000 · MLS: KW1417598 Peter Benninger**/Colin Vogel* 1,154 SF· $89,900 · MLS: KW1535044 · St Jacobs 1,426 SF· $99,900 · MLS: 1511046 Waterloo · Gourmet PizzaOver & Pasta business for sale.

20 restaurant. successful Brockville · Some medical onsite. Walking Retail 66.58 Acres · $2,200,000 · EXCLUSIVE High in sales with huge potential.

Located in the years business!

Take over before Christmas distance from Hospital.

Some new leases Cambridge· Under consideration to change OP city’s fastest growing area. High exposure on pending. John Hoffman*/Gary Boudreau* designation to industrial.

Peter Benninger** James Boudreau**/ Gary Boudreau* busy roundabout.

Lester Tobin*

Solutions Mike Flynnin* Canada's ·Technology ext. 3037 Triangle, contact any one of our John Hoffman * · ext.

3040 sales SALES representatives, REPRESENTATIVES:or call 519-743-5211.

Bill Halpenny * · ext. 3120 Gary Boudreau * R. Blake Hull *

· ext. 3029 · ext. 3032

Eric Reiner *

· ext. 2099

SALES REPRESENTATIVES: James Boudreau ** · ext. 3020 SelbyBoudreau Colson * * ext. 3029 3100 Gary ··· ext.

Lester Tobin * ext. 3023 James Boudreau ** ·· ext.

Mike Flynn * ext. 3020 3037 Colin Colson Vogel * * ext. 3100 3110 Selby ·· ext.

John Hoffman * · ext. 3040 Harmony * ext. 3037 3117 Mike FlynnVoisin * ·· ext.

Bill Halpenny * · ext. 3103 3120 Roman Ginzburg* · ext.

BROKER OF RECORD : John Hoffman * · ext.

3040 R. Blake Hull * · ext. 3032 Bill Halpenny * · ext. 3120 Eric Reiner * · ext. 2099 Peter Benninger** R. Blake Hull * ·· ext. ext. 3000 3032 Lester Tobin ext. 2099 3023 Eric Reiner * * ·· ext.

Lester Tobin ** ·· ext.

Colin Vogel ext. 3023 3110 * Sales Representa�ve Colin VogelVoisin * ·· ext.

Harmony * ext. 3110 3117 ** Broker Harmony Voisin * · ext. 3117 BROKER OF RECORD:

BROKER OF RECORD: PeterBenninger** Benninger** Peter

ext. 3000 3000 ·· ext.

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

COM_4515.indd 7

8171433_4515

2015-11-05 4:19 PM

businesssavvy

EXPORTING REPRESENTS GOLDEN GROWTH OPPORTUNITY FOR SMALL-AND MEDIUM-SIZED BUSINESSES IN CANADA: – RBC Economics

T

he time is right for small- and medium-sized enterprises (SMEs) to grow their revenues, and support the Canadian economy, by increasing their exports of goods and services abroad, according to a new RBC Economics report entitled Doors open for Canada’s SME exporters. With a weak Canadian dollar relative to the U.S., low energy prices, and a growing U.S. economy, conditions are favourable for SMEs to increase their export presence.

“Over the last decade, a number of factors including the 2008 recession and a strong Canadian dollar led many exporting businesses to shut down or look inward to the domestic market – but the landscape has changed to become more favourable for exporters,” says Gerard Walsh, economist, RBC. “Considering the upside potential for business and overall economic growth, there is an opportunity for small- and mid-sized businesses to think beyond Canadian borders again if they aren’t already.”

CAPACITY TO INCREASE EXPORT PRESENCE SMEs account for 25 per cent of Canada’s overall merchandise exports and in several industries, including information and cultural services and a number of manufacturing sectors, their share is over 50 per cent. Nevertheless, compared to other advanced economies, the share of overall exports by Canadian SMEs is low, which suggests there is capacity to increase exports amongst these businesses. Canada’s 1.1 million SMEs, defined as businesses with fewer than 500 employees, generate approximately 40 per cent of Canada’s GDP, and created two-thirds of net new jobs since the recession.

After peaking a decade ago, the number

COM_4515.indd 8

of SME exporters fell by 15 per cent through 2010 and estimates suggest their numbers have not recovered in the years since. Despite their diminished numbers, SME exporters earn higher average revenues and are more likely to be fast growing than their non-exporting counterparts.

“SME exporters tend to be more optimistic about their future growth and more likely to invest than other SMEs,” added Walsh.“On average, Canada’s small- and mid-sized exporters outspend other SMEs on investments in machinery and equipment, research and development, and new technology.”

GOLDEN OPPORTUNITY TO ACCELERATE GROWTH “This is a golden opportunity for small businesses who want to accelerate their growth,” says Sarah Adams, vice-president, Small Business, RBC.“The higher revenues earned by SME exporters should inspire other SMEs to grow faster by expanding exports, and market conditions couldn’t make it easier to start now.”

Adams has three recommendations for business owners looking to expand through exporting: EXPLORE FINANCING FROM A VARIETY OF SOURCES: Thanks to more business-friendly lending policies, fewer SME exporters report financing as a stumbling block to their growth. Business owners who have been holding back on exporting because of financing concerns should inquire about government grants, commercial financing and trade credit from suppliers.

TAP INTO GOVERNMENT RESOURCES: Public-sector institutions like Export Development Canada (EDC) and the Business Development Bank of Canada (BDC) offer education, export incentives and financial services to help businesses expand globally.

LOOK FOR OPPORTUNITIES OVERSEAS: The recently concluded Comprehensive Economic and Trade Agreement (CETA) with the European Union – Canada’s second-largest trading partner – offers new opportunities to SMEs as tariff and non-tariff barriers come down. Agreements now in place with the United States, Mexico, Peru, Colombia and South Korea, among others, are providing exporters with improved access to international markets. Looking ahead, the Trans-Pacific Partnership may create new opportunities for SME exporters in the Asia-Pacific region.

Small businesses in Canada want flexible banking choices, convenient payment options and simple ways to manage their cash flow. Whether they are starting a business, managing growth, or succession planning, the RBC Advice Centre or Starting a Business website can help answer their questions. For more assistance, please visit www.rbc.com/ startyourbusiness.

2015-11-05 4:19 PM

9

Commercial Real Estate & Business Opportunities

519.742.7000 www.coupalmarkou.com

LEASE 120-122 KING STREET NORTH, WATERLOO LEASE 92 KING STREET SOUTH, WATERLOO

LEASE

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

• 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

4515_DJW_0051

SALE

EXCLUSIVE

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 4515_DJW_1_0117

MLS

SALE 645 LAURELWOOD DRIVE, WATERLOO

• 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

4515_DJW_3_0031

MLS

• 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 4515_DJW_1_0063

SALE

MLS

4515_DJW_3_0016

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

EXCLUSIVE

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

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

SALE 1015-1051 KING ST EAST, KITCHENER

MLS

4515_DJW_1_7778

SALE 1250 FISCHER HALLMAN ROAD, KITCHENER

4515_DJW_3_0036

453 PARK STREET, KITCHENER

4515_DJW_1_0093

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 • MLS

Kitchener/Waterloo Guelph & Cambridge

Volume 15 Issue 11

SALE

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

4515_DJW_3_0021

CONNECT

4515

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_4515.indd 9

2015-11-05 4:19 PM

10 Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities BROC OO K MBM UE IL RD C II N AG L ICN OVNESSUTLO TR ANTS

Volume 15 Issue 11

PROTECTING YOUR INVESTMENT

BU RIE D O I L TA N K S O N S I T E

BURIED OIL TANKS

on site may not be readily visible, disclosed or known at the time of the sale of a property.

1. Site remedial measures are costly.

2. The Owner is liable for environmental damage to the subject and adjacent properties as a result of oil spillage from corroded tanks.

3. Obtain legal guidance from your solicitor.

AVOIDING ISSUES

SITE REMEDIATION 1. Locate - metal detector 2. Excavate carefully by hand and machine 3. Open and clean tank 4. Remove the tank and

contaminated soil.

5. Test certificate for soil.

6. Backfill with only new, clean compacted soil.

A Building Condition Assessment should help identify if there is an abandoned oil tank on site. e.g. Look for - abandoned supply and vent pipes, oil gages, pumps and oil lines.

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

www.BrookBC.com 905-385-4496 1-888-343-3023 11236833_4515

Please say you saw it in The Commercial Investor

COM_4515.indd 10

2015-11-05 4:19 PM

Volume 15 Issue 11

11

2011 - 2014

2007

Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

2011

#1 FOR MOST HOMES SOLD!* • #5 TEAM IN CANADA!† • OVER $100 MILLION IN SALES IN 2015‡

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_4515

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. ‡Based on year to date sales.

Please say you saw it in The Commercial Investor

COM_4515.indd 11

2015-11-05 4:19 PM

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

SOLD

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

“Thanks to the COMMERCIAL INVESTOR”

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

3315_DJW_0028

Asking $3,100,000 Oct 10 -

Nov 7, 2015 , Volume

15 Issue

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

10

www.guelphgeorgian.ca INCORPO Full Coverag

RATING FRANCH

e Area Incl

uding Win

ISE AND BUSINESS

dsor, Ham

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

ilton, Toro

Nicholas

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

QEW EXPO

W_0047

SURE/CLE

LE R SA FO

AR SPAN

/GRIMSBY

OPPORT

nto, Niag

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.

ara Falls,

PRINCIPALS ONLY PLEASE

UNITIES Kingston

ORAN APARTMEN GEVILLE T BUILDING

31-SUITE

and Ottawa!

$2,690,0

TAWNYA GVOICH

00

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 3B1 36-2081 Email: wjmda vies@rogers .com

Sales Representative T: 226.314.1600 E: ��������������������.���

3715_D JW_001 9

Fanshaw

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

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

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

June 2016)

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1715_D

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businessbarometer

CFIB REVEALS TOP ENTREPRENEURIAL COMMUNITIES FOR 2015

T

he Canadian Federation of Independent Business (CFIB) recently unveiled its list of the the best and worst places to start and grow a business for 2015. Among major cities, the communities around Calgary took top spot for the second year in a row, with Kelowna and the area surrounding Edmonton close behind.

“Communities in the west is still top the list, but we’re seeing the beginnings of a power shift away from the traditional entrepreneurial power centres in the prairies towards BC, as the fallout from oil prices continues to hit the region. We are also seeing parts of Central Ontario becoming more and more desirable for entrepreneurs,” said CFIB chief economist Ted Mallett.

CFIB’s Entrepreneurial Communities report takes an in-depth look at how 121 cities/economic regions support and promote entrepreneurship. It scores each of them out of 100, by looking at 14 indicators across three main categories –Presence, Perspective and Policy.

COM_4515.indd 12

Saskatoon, Guelph, Barrie, Regina, Moncton and the grouping of communities that ring the cities of Toronto and Vancouver round out the top 10. Among mid-sized cities, BC’s Penticton fares best, followed by Grande Prairie, AB, Collingwood, ON, Okotoks, AB, and Brooks, AB. Once again, suburbs and regions surrounding cities tend to have better entrepreneurial environments than city centres because of lower relative costs, while still having reasonably strong access to large markets.

“Each city has its own unique development story, but the one thing they have in common is the entrepreneurial spirit that drives them,” added Mallett.

Read the full report on cfib-fcei.ca.

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

2015-11-05 4:19 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_4515.indd 13

2015-03-19 3:47 PM 2015-11-05 4:19 PM

14

Volume 15 Issue 11

Commercial Real Estate & Business Opportunities

RE/MAX Land Exchange Ltd., Brokerage Port Elgin, ON N0H 2C0 www.realestateportelgin.com Office: 519-389-4196 Toll Free: 888-703-3322

Southampton Debbie Duplantis Broker Cell: 519-389-7385

19 ALBERT STREET S. Southampton Core Commercial space available for rent. 380 sq. ft. of office or retail space, large display windows, fronting on high traffic Highway 21 and one block from High Street.

2 piece washroom, air conditioning and individual heat controls.

PRIME COMMERCIAL CORNER IN PORT ELGIN JUST SOUTH OF WALMART

4515_DJW_0013

Southwest Ontario

Joyce Dudgeon Sales Representative Cell: 519-389-1413

8492999_4515

Sales Representative

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

• 9 Motel Rooms

DOWNTOWN SOUTHAMPTON STOREFRONT RENTAL $650/MO.

• Restaurant Licensed for 120

1 3 5 H I G H S T R E E T, S O U T H A M P T O N

• 2 Bedroom, 2 Bath Apt on Site

Century home in Southampton Core Commercial Area offers possibilities for residential, B & B, retail or restaurant uses. Main floor offers 1 large room w/ leaded glass windows, office & dining area, 2 pc bath & large kitchen. 2nd floor features self-contained 3 BR apartment, w/outdoor staircase for private access off a large deck, and access to the 3rd story: a large peaked great room.

• 1.92 Acre Lot 4515_DJW_0014

• Municipal Water Sewer & Natural Gas

ASKING $1,499,000

ENDLESS POTENTIAL DOWNTOWN SOUTHAMPTON $424,900

4515_DJW_0002 11290972_4515

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

Sutton - Huron Shores Realty Inc. Brokerage

VIEW OUR MAGAZINES ON ANY

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

Independently Owned and Operated

11241815_4515

Brian Shular

Doug Freiburger

Kaitlyn Shular

Judy Howard

Broker of Record

Sales Representative

Sales Representative

Sales Representative

DIGITAL DEVICE anytime, anywhere!

583 CATHERINE ST., PORT ELGIN 544 Goderich St., Port Elgin

$499,999

3 Commercial Rental Units (fully rented) Located in the Downtown Core Plenty of Parking MLS #411046000409800

4515_DJW_0070

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

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

THECOMMERCIALINVESTOR.CA

4515_DJW_1_0079

www.suttonhuronshores.com

Published by

Not intended to solicit properties currently listed for sale.

Please say you saw it in The Commercial Investor

COM_4515.indd 14

2015-11-05 4:19 PM

Volume 15 Issue 11

15

Southwest Ontario

Commercial Real Estate & Business Opportunities

6 BAY, SELF SERVE CAR WASH. GREAT LOCATION AND MAINTENANCE FREE BUILDING. OTHER SITES AVAILABLE.

4 BAY SELF SERVE CAR WASH. LOW MAINTENANCE BUILDING.

4515_DJW_0080

ABATTOIR SITUATED ON 2 ACRES. CENTRALLY LOCATED JUST OUTSIDE OF INNERKIP.

4515_DJW_0081

4515_DJW_0082

For more information please call:

Office: 519-273-2822 a-b Realty Ltd., Brokerage, Stratford ON

or visit our website at

Kevin Williams

John Jantzi

BROKER

SALES REPRESENTATIVE

Cell: 519.572.2293

Cell: 519.571.3894

www.ontariofarmsales.ca 11302551_4515

10863226_4515

Independently Owned and Operated

Century 21 Heritage House Ltd., Brokerage Independently Owned and Operated

DON PATCHETT

871 Dundas Street, Woodstock

Office: 519.539.5646

JIGAR PATEL

Sales Representative

Sales Representative

don@donpatchett.com

jigar.patel@century21.ca

519-421-8911

REDUCED $60,000

TAVISTOCK DUPLEX & COMMERCIAL

Currently commercial and residential, on one of the busiest arteries in booming Woodstock. Zoned C5 Central Commercial. 690 Peel St. $289,900. Try your offer! Call Don or Jigar.

1.05 acres + 3600 ft ag/commercial building. Showroom, shop, 1800 ft 2nd level for offices. Large parking lot.

Residential duplex - live in one, rent the other! Central to Stratford, Kitchener, Woodstock. Contact Don Patchett.

4515_DJW_2_0038

4515_DJW_0059

519-535-8048

DEBBIE BRADY Sales Representative

519-983-2251

debbie.brady@century21.ca

BE YOUR OWN BOSS!

Excellent opportunity for owner-operator to reap the rewards. Available in Woodstock, Grimsby & Hamilton Package deal available, call Don or Jigar.

4515_DJW_3_0041

DOWNTOWN INGERSOLL

PROFITABLE IN SUDBURY!

6000 FT STAND - ALONE RETAIL/OFFICE

8000 sq ft Multi-use building - 2 commercial - 1 vacant, 1 with 5 yr lease, 6 apartments, newer roof. High ROI, low maintenance costs. Downtown location. Call Debbie.

Quiznos franchise in Sudbury, ON. This is an established profitable business you can be proud to own and operate! Call Don or Jigar.

High traffic location on Dundas (Hwy 2) in Woodstock. Full basement with outside access. Lots of parking, truck-level loading dock. For lease @ $12/ft T-net. Contact Don or Jigar.

4515_DJW_1_0180

4515_DJW_1_0126

4515_DJW_0060

Please say you saw it in The Commercial Investor

COM_4515.indd 15

2015-11-05 4:19 PM

16

Volume 15 Issue 11

Commercial Real Estate & Business Opportunities

George Gicopoulos Sales Representative

Southwest Ontario

Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepagecommercial.com w w w . g eorge gicopoulos.com w w w. royallep age comme rcial.com

OWNER USER RESTAURANT - WOODSTOCK - $795,000

LONDON BURGERS $169,000

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! Many other uses available.

Great burger place serving breakfast, gyros, souvlaki, etc. besides 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. Property could also be for sale. Call for details.

Near London Burger Place $99,000

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

4515_DJW_4_0081

Bistro with catering business $89,000 Downtown London.

Ring-A-Wing Franchise, London $189,000 Cafes, Restaurant, Pubs, Big or small.

We sell them all.

8155109_4515

Royal LePage Triland Realty, Brokerage*

*Independently Owned and Operated

$375,000

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. 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.

4515_DJW_5_0090

4515_DJW_2_0047

FOR LEASE London - 1166 Commissioners Rd., 1190 sq ft - $12.00 net London - 884 Adelaide Street., 1800 sq ft - $16.00 net

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

Goderich - 394 Huron Street., 700 sq ft - $13.00 net

FAMILY RESTAURANT NEAR LONDON $247,000 - flexible

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

QEW EXPO

W_0047

SURE/CLE

LE R SA FO

AR SPAN

/GRIMSBY

OPPORT

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31-SUITE

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ORAN APARTMEN GEVILLE T BUILDING

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

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

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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ng@cbci.c

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1715_D

JW_008

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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_4515.indd 16

2015-11-05 4:19 PM

Volume 15 Issue 11

17

Commercial Real Estate & Business Opportunities

GREY BRUCE REALTY INC., BROKERAGE Locally Owned and Independently Operated

Sharm McLean Sales Representative

swmclean@rogers.com

Southwest Ontario

519-372-5276

11275469_4515

P.O. Box 1029 Owen Sound, ON N4K 6K6

FULLY LEASED INCOME PROPERTY IN OWEN SOUND Main floor English Pub, 5 year lease 2nd & 3rd floors fully leased residential NOI $229,000. Asking $1,950,000.

4515_DJW_0077

Jim Nagle SALES REPRESENTATIVE

Professional Group Inc., Brokerage 519-756-3900

Cell 519-732-7318 jim.nagle@century21.ca 11302550_4515

PRIME COUNTRY LOCATION ›Busy intersection at major route from Hamilton/Brantford to Highway 24/Rest Acres Rd to 403 or south to Simcoe. ›Two unique country apartments, 2300 square ft plus basement area of commercial space ample parking 10 plus spaces. ›Current operating as Country Clothing business.

Priced at $595,000 Business not included.

Contact Jim Nagle, Sales Rep. C21 Professional Group Inc. 4515_DJW_0079

Please say you saw it in The Commercial Investor

COM_4515.indd 17

2015-11-05 4:19 PM

businesssavvy

E-COMMERCE CONTINUES TO GROW BUT ONLINE SHOPPING EVOLVING Canada Post data reveals changes in the Canadian e-commerce landscape

N

ew data from Canada Post shows that as e-commerce continues to grow at double-digit rates, the online retail market has started to evolve.

For the first half of 2015, the number of items ordered online and delivered by Canada Post in Canada grew 16 per cent compared to the same period last year. Though large urban centers like Toronto and Vancouver continue to produce strong volumes, the data indicates that midsize cities are now taking the lead on growth.

London and Windsor (Ont.) topped the list with 29 per cent annual growth in e-commerce shipment delivery. Kitchener (Ont.) and Saskatoon (Sask.) weren’t far behind with 27 per cent and 21 per cent respectively. Provincially, while Ontario and B.C. still lead the way, with 21 per cent and 18 per cent growth, P.E.I. took the third spot, thanks to Charlottetown which produced 17 per cent year over year growth.

ONLINE SHOPPING EVOLVING As Canadians across the country shop online more, what they’re buying is also changing. Traditionally, mass merchants and fashion retailers have generated the bulk of e-commerce parcel growth. But as Canadians transition from being first-time to frequent shoppers and eventually hyper shoppers (11+ times annually) they are branching out and buying different kinds of items online. Here, the data points to the emergence of three new e-commerce growth sectors: Toys/Hobbies (21 per cent) e-commerce parcel volume growth; Office Supplies (15 per cent) and Sporting Goods (11 per cent).

“As Canada Post delivers two out of every three parcels we’re committed to supporting retailers to help them make the most of the online opportunity. To do this, we offer not only convenience-based delivery solutions, like FlexDelivery, but relevant research to help them better understand and maximize the current e-commerce growth opportunity,” says Danielle Doiron, Director of Parcel Market Development, Canada Post.

Canada Post is the country’s leading provider of electronic commerce and customer communication solutions. It reaches 15.7 million addresses, . Together, Canada Post, Purolator Inc. and SCI Logistics offer market-leading end-to-end solutions for e-commerce shippers by leveraging the assets and expertise of the Canada Post Group of Companies.

COM_4515.indd 18

Growth in e-commerce shipment delivery by province January – June 2014-2015

Growth in e-commerce shipments delivery by major urban cities January – June 2014-2015

Prov.

Major Urban Cities

YOY Growth

ON

21%

BC

18%

PE

14%

NU

14%

QC

13%

NS

12%

NB

11%

AB

11%

MB

11%

SK

10%

NL

7%

YT

4%

NT

1%

YoY Growth

Windsor

29%

London

29%

Kitchener

27%

Toronto

25%

Vancouver

24%

Saskatoon

21%

Victoria

19%

Hamilton

19%

Regina

17%

Charlottetown

17%

Ottawa

16%

Edmonton

16%

Winnipeg

15%

Halifax

15%

Montreal

15%

Growth in e-commerce shipment delivery by industry January – June 2014-2015

Saint John

14%

Calgary

14%

Moncton

14%

Industry

YOY Growth

Quebec

13%

Mass Merchant

33%

Fredricton

13%

Toys / Hobbies

21%

All other cities

11%

Fashion

16%

St John’s

8%

Office Supplies

15%

NT

1%

Sporting Goods

11%

Consumer Electronics

8%

Other Retail

7%

Telecommunications

7%

Health & Beauty

5%

Books / Music / Videos (7%)

2015-11-05 4:19 PM

19

Commercial Real Estate & Business Opportunities

WOODSTOCK

ROSEMARY BROWN

PETER VANDERSAR

SALES REPRESENTATIVE

BROKER

519-532-9049

519-536-1200

rosemarybrown@royallepage.ca

peter@petervandersar.com

519-539-2070

FOR LEASE

FOR SALE FOR SALE - $574,000

Excellent downtown core location close to City Hall, banks and museum. Present once again store location. Completely redone after fire in building. Approximately 5500 square feet retail space with full basement. C5 zoning. Come and have a look at this bright and cheery retail space. 4515_DJW_0063

Southwest Ontario

11291991_4515

Volume 15 Issue 11

Situated on a private 1.5 acres and overlooking the valley, this beautiful Georgian style 4+1 bedroom home is located on the west edge of Woodstock. The main floor features a family room, living room, formal dining room, laundry room, kitchen and breakfast area with access to a deck which overlooks the valley to the south. Also included are a fully finished basement with access from the double car garage, a remodelled 3 piece ensuite bathroom upstairs, a 4 piece bathroom upstairs, and a 2 piece bathroom downstairs off the back entrance. The house is set back from the road with interlocking driveway and path. There is lots of room on this property and it is large enough to put up a new shop or pool!

4515_DJW_0062

FOR LEASE

5 HURON STREET, WOODSTOCK

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.

4515_DJW_1_0689

BASE RATE: $13/MONTHLY/SQUARE FEET

$1,500/MONTHLY

820, 940 and 1295 square feet of Commercial space for lease on the busiest intersection, the corner of Dundas and Huron Street in Downstown Woodstock, leasehold improvements available, other tenants include 7-11 gas bar and convenience store with postal services, Money Mart, tanning salon. Across the road are Tim Hortons, Rogers, Easy Financial, Twice The Deal Pizza and Wings and the Rexall Plaza. C5 Zoning. 4515_DJW_1_0028

Large riding arena with 8 horse stalls for lease just west of Woodstock on Karn Road, fenced outside sandlot included.

Landlord willing to discuss leasehold improvements with tenant.

4515_DJW_0061

11007505_4515

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

62 1st Avenue South Chesley, Ontario N0G 1L0

H:

519.363.2410 PHONE: 519.363.3726 davespencer@bell.net

AUTOMOTIVE SHOP

Successful business on the edge of Chesley.

Includes all equipment, inventory and client list. An opportunity for owner consultant and employment of existing mechanic.

$395,000

$119,900

4515_DJW_0017

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

4515_DJW_2_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.

Chesley's downtown core.

4515_DJW_1_0019

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

Shows good return and is in good condition.

Recently updated.

4515_DJW_1_0058

Please say you saw it in The Commercial Investor

COM_4515.indd 19

2015-11-05 4:19 PM

marketminded

CANADIAN SMALL BUSINESSES HAVE BEEN DRIVING THE ECONOMY BUT CONTINUED GROWTH DEPENDS ON INNOVATION AND EXPORTS Small business faces new reality and must look beyond domestic housing and consumer spending

S

mall businesses in Canada created no less than 80 per cent of all new private-sector jobs in the past year, but this economic piston of growth is in for tough times if it doesn’t start to focus on innovation and growing export markets, finds a new report from CIBC World Markets.

“The small business sector has unequivocally kept Canada’s economy from sinking into deeper water,” says CIBC Deputy Chief Economist Benjamin Tal, who co-authored the report with Senior Economist Royce Mendes.“While Canada’s small and medium-sized enterprises have been an island of stability, not only demonstrating resiliency during the recession but also leading the way during the recovery, they are entering a new reality, one that will force them to innovate and enter new markets to sustain growth.”

Small businesses were quick to capitalize on the pickup in economic activity in Canada following the Great Recession with the number of new companies climbing nearly 19 per cent since 2007. During the same period, the pace of growth for large firms fell almost 3 per cent. In terms of employment, the number of people working in small and medium sized enterprises (SMEs) increased three times faster than large companies.

“The secret behind this unprecedented ability of small business to overcome weak economic conditions over the past cycle is their exposure to Canadian consumers, who by opening their wallets, almost single-handedly moved Canada back into the growth column,” says Mr. Tal.

consumers to continue spending, but the strength in Canada’s housing market has also played a significant role by making consumers feel more wealthy.”

The unprecedented strength in Canada’s housing market has provided a major boost to Canada’s SMEs, which employ close to 70 per cent of the workers in the construction and real estate industries. These two industries alone created more than 200,000 new jobs, accounting for 17 per cent of the labour market’s strength since the beginning of 2010, the report says. It also notes that each housing sale generates an estimated $20,000 in additional consumer spending.

But Mr. Tal warns that too much reliance on the domestic market can be dangerous should the tide turn.

“With debt-to-income ratios just under 165 per cent and house prices looking stretched in many pockets of the country, consumers can’t be relied on to provide the type of growth seen in the recent past. Canadians are just about maxed out on debt-fueled consumption.”

With the dollar’s flirtation with parity now a thing of the past and the slowdown in consumption in mind, Mr. Tal sees an opportunity for SMEs to gain exposure to export markets in particular the U.S. and Europe.

Only 10 per cent of Canadian SMEs are involved in exporting, a level that hasn’t changed in 15 years despite increased trade activity and free trade around the world, he says.

Small businesses in Alberta, which will be the hardest hit by the drop in commodity prices, have the most room to add export capacity, as they generate far less revenue from exports than their peers in other provinces, Mr. Tal says.

“To maintain and build on the performance of the past cycle, SMEs will have to change their business models by both raising their propensity to export and increasing investment in research and development,” he says.

The report notes that small business that are already exporters are starting from a position of strength as they have consistently invested more on innovation than non-exporters.

“Given Canada’s weak productivity track record of late, any support from SMEs will be a boon to the country,” says Mr. Tal. The complete CIBC World Markets report is available at: http://research.cibcwm. com/economic_public/download/if_2015-1022.pdf CIBC’s wholesale banking business provides a range of integrated credit and capital markets products, investment banking, and merchant banking to clients in key financial markets in North America and around the world. They provide innovative capital solutions and advisory expertise across a wide range of industries as well as top-ranked research for corporate, government and institutional clients.

“Low borrowing rates have been a large contributor in allowing

COM_4515.indd 20

2015-11-05 4:19 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_4515.indd 21

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22

Commercial Real Estate & Business Opportunities

Volume 15 Issue 11

A Commercial REALTOR®: a valuable asset In today’s competitive commercial real estate market, a commercial real estate expert is the partner you need to make sure you get the best deal possible. With expertise and knowledge of local markets, a REALTOR® can help you receive maximum value with minimum headaches for you.

Commercial REALTORS® have membership in a local Board or Association and have agreed to act under and adhere to a strict Code of Ethics and Standards of Business Practice voluntarily established by REALTORS®. They know the intricacies of buying, selling or leasing property, from space planning, zoning information, dealing with municipal governments, environmental concerns, construction, tax assessments, appraisals, financing and market values, to detailed paperwork and closing procedures.

Here are just a few ways a commercial REALTOR® can help you: APPRAISALS - The primary purpose of a commercial appraisal is to determine the value of a specified interest in commercial real estate. The value most clients ask for is the market value, although other types of value can be reported. A REALTOR® has the expertise to provide accurate appraisals for your business.

Hamilton

BUSINESS SALES AND ACQUISITIONS - A REALTOR® can provide detailed due diligence and market knowledge for the search, negotiation, disposition or acquisition of existing and new business operations.

BUILD-TO-SUIT - REALTORS® can bring together developers, landlords and tenants for the purpose of building premises that are specific to the needs of the occupant, with the terms and conditions to either buy or lease the premises negotiated in advance of construction.

CONSULTING - A REALTOR® can provide a range of consulting services dealing with the cost of lead generation, acquisition costs, technology, or the new realities of marketing. It’s pre-Google and post-Google, and how marketing properties and business has changed because of the internet.

DEVELOPMENT - Working with developers, a REALTOR® can find the best location and determine the best market conditions for construction of an office, retail, industrial or multi-family building to begin. This can be done with a pre-determined client, or on a speculative basis.

INVESTMENT PURCHASE AND SALE - A commercial REALTOR® offers expertise, market knowledge and a detailed marketing program when representing buyers and sellers. REALTORS® can identify a location, negotiate, and do the calculations to determine if there is a positive return on investment.

PROPERTY MANAGEMENT - Commercial REALTORS® have a great knowledge of the opportunities and needs of landlords and tenants, making it easier to bring them together in a mutually agreeable leasehold interest in premises. If the REALTOR® also provides management services, he or she will ensure you maximize the value of your assets and help develop the goals for the property.

REPRESENTING LANDLORDS/OWNERS - A REALTOR® uses in depth knowledge of the local markets to negotiate a contract for the use of office, retail or industrial space at a cost-effective price for both landlord and tenant.

REPRESENTING TENANTS - A commercial REALTOR® knows the leasing opportunities available in the marketplace. He or she will work with you to determine the exact requirements for your office or company, then negotiate on your behalf for the most favorable leasing terms possible.

Let a commercial REALTOR® become your business partner. A long-term relationship with a professional who specializes in your business needs can be one of your biggest assets.

Established in 1921, the REALTORS® Association of Hamilton-Burlington (RAHB) represents more than 2,900 real estate brokers and sales representatives from Hamilton, Burlington and outlying areas. Members of the association may use the REALTOR® trademark, which identifies them as real estate professionals who subscribe to a strict code of ethics. The association operates the local Multiple Listing Service® (MLS®) and provides ongoing professional education courses for its members. In addition, RAHB is an active participant in the Home Ownership Affordability Partnership (HOAP) and holds an annual auction in support of local charities. Advertisements of local MLS® property listings and information about the services provided by a REALTOR® can be found at www.REALTOR.ca. More information about RAHB is available at www.rahb.ca

11292806_4515

Please say you saw it in The Commercial Investor

COM_4515.indd 22

2015-11-05 4:19 PM

Volume 15 Issue 11

23

Commercial Real Estate & Business Opportunities

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. 4515_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.

4515_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!

4515_DJW_1_0050

63 8TH CONCESSION, BURFORD $949,000

1812 THOMPSON ROAD, WATERFORD $729,000

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"

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.

4515_DJW_1_0051

4515_DJW_1_0037

4515_DJW_1_8000

99 MAIN STREET N, HAGERSVILLE $499,900

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

868 NORFOLK ST S, SIMCOE $349,900

Rare 4.18ac multi-purp. prop. in Hagersville N. limits 20/30mns S/Hamilton, 403 frnt 2.15ac incs renoed vintage 1.5 stry home (circa-1900) oozing w/charm. Ftrs orig. hrdwd, nat. stne FP, lrg. fam. rm, poss. in-law, 24x24 garage, 13. rear 2.03 ac, zoned D-Developmental - borders new subdivision. Maj. value in land! Investor Dream Property.

4515_DJW_0015

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!

4515_DJW_1_0052

4515_DJW_1_0038

Hamilton

8171399_4515

RE/MAX Escarpment Realty Inc Brokerage

14 ROBINSON STREET, SIMCOE $169,500 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.

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. 4515_DJW_1_0039

4515_DJW_2_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!

4515_DJW_1_0001

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+

Please say you saw it in The Commercial Investor

COM_4515.indd 23

2015-11-05 4:19 PM

24

Volume 15 Issue 11

Commercial Real Estate & Business Opportunities

Hamilton

H

A

M

I

L

T

O

11292930_4515

11294991_4515

N

Mazhar Roshan Sales Representative

905.929.9800

Direct

DESIRABLE ANCASTER LOCATION

RE PR DU ICE CE D

LE FOR AS E

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

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

Call for details.

BAR AND EATERY - $119,900

FOR LEASE BRANTFORD

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.

4515_DJW_1_0026

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.

4515_DJW_1_6668

RETAIL STONEY CREEK MOUNTAIN

LAND FOR SALE

GUELPH LINE, BURLINGTON - $89,900

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.

4515_DJW_1_0064

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

LO ON TS LY LE 3 FT

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.

4515_DJW_1_0027

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.

4515_DJW_1_0024

BUSINESS OPPORTUNITIES

4515_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.

â&#x20AC;&#x153;My Business is to Sell Your Businessâ&#x20AC;?

Please say you saw it in The Commercial Investor

COM_4515.indd 24

2015-11-05 4:19 PM

Volume 15 Issue 11

25

Commercial Real Estate & Business Opportunities

INVESTPRO REALTY LTD.,

VMYSL

BROKERAGE

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

Dino Nicosia, Broker of Record

Kandy Thompson,

Sales Representative

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

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

www.investprorealty.com 9 UNITS, EAST MOUNTAIN

COMPLETELY RENOVATED. MONEY MAKER! E

W

NE

Fantastic location. Rare find!

Owner is retiring.

Rents have great upside.

Asking $949,000.

See our website for details.

4515_DJW_2_0051

8 UNITS EAST HAMILTON

6 units, in one of the best locations in Niagara Falls.

For details visit our website.

4515_DJW_1_0078

8 CONDO TOWNHOUSE COMPLEX, EAST HAMILTON

E IC

W NE

Most units are extensively renovated.

New steel fire escape, new boiler, etc.

Near Ottawa Street Shopping District.

Hamilton

IC

PR

PR

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.

4515_DJW_1_0112

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NEW LISTING, 4 PLEX ST. ST. CATHARINES

Great condition.

Fully rented.

For price and details visit our website.

Asking Price $310,000.00 4515_DJW_2_0049

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12 UNITS, HAMILTON

6 UNITS NEAR MAC UNIVERSITY

D TE VA ION O N S RE MAN

Great condition and location.

Renovated, spotless building.

Never any SOLD Avacancy.

L investment.

ITIONSafe D N Visit our website CO for details.

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10 UNITS EAST HAMILTON E

IC

SOLD

Great condition and location.

For details visit our website.

W

NE

PR

SOLD SOLD

Great condition and location.

Never any vacancy.

See our website for details.

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Commercial Real Estate & Business Opportunities

Volume 15 Issue 11

BUILDING VALUE ON A RENTAL PROPERTY… IT’S ALL ABOUT THE NOI.

By Dino Nicosia, Broker of Record, Investpro Realty Ltd., Brokerage

Hamilton

T

he real estate market is divided into many submarkets, such as commercial, industrial, vacant land and residential. The sub market for residential can be separated into two categories; the owner occupied and tenant occupied properties. The value of the owner occupied property is mostly determined by supply and demand. This demand is significantly influenced by disposable income, interest rates, consumer confidence and political and economical climate.

Although the tenant occupied property value is influenced by the same factors, in addition it is affected more importantly by the income it generates. With this type of residential property you are not just buying the bricks and mortar, you are also buying the income that is being produced from the rent. Therefore a tenant occupied property is also classified as an investment property.

Since the value of an investment property is largely determined by the income it produces, we should relate this to running a business where the goal is to end up with money in our pocket at the end of the month. After collecting the rent and paying all the bills, the amount of money left over, (before making the mortgage payments), is called the Net Operating Income (NOI).

To determine an accurate NOI, the expenses must include property taxes, insurance, maintenance, vacancy reserve, utilities, garbage removal, lawn service, plowing, wages and management fees if any.

The NOI is directly tied into the Capitalization Rate (also referred to as the Cap Rate). The Cap Rate essentially represents the percentage return on an all cash purchase (not taking mortgage debt into account). Simply refer to the Cap Rate as being the return on the investment, and note that the Cap Rate will be determined by the current market sales in the area of the subject property.

For example, let’s assume you purchased a 20 unit apartment building which generates an annual NOI of $100,000.00, and the purchase price of this property was $1,000,000.00. Therefore based on this purchase price, you are receiving a 10% return on the investment; or in other words, the Cap Rate on this purchase was 10%.

Combined with the Cap Rate, the NOI will be instrumental in establishing the investment property’s value. Therefore if you want to increase the value of your tenant occupied property, you must improve your NOI. There are three major ways to increase the NOI: 1. Find ways to increase rents without affecting the vacancy.

2. Reduce property expenses without neglecting the property.

3. Do not rent the equipment…own them.

1. INCREASING RENTS: We will demonstrate the tremendous impact on value from rent increases, with this real life example. The ownership of a recently purchased 21 unit apartment building, created a business plan to renovate all units that became vacant and attempt to maximize their rents. They knew the great potential of increasing the NOI, which in turn would escalate the value of their property.

The plan was to renovate and increase each unit by an average of $100.00 per month ($1,200.00 per year). Assuming that the current market Cap Rate is 7%, the value of the property would escalate by $17,000.00 by just increasing rent on one unit ($1,200.00 divided by 7% cap rate). In the course of one year they were able to maximize rents to ten apartment units for a total annual increase to the NOI by $14,000.00. This amount translated to an increase in value by $200,000.00.

Before an investor undertakes this task, they should ask themselves; • Is it worthwhile to spend money for renovations if the rents can be increased as a result of the renovations?

• Do the increased rents justify the expense?

• Will the increase in value as a result of the renovations justify the expense?

First let’s establish how long will it take to recoup the renovation costs?

The answer comes down to doing the math.

In the above example the renovation cost was approximately $3,000.00 8171452_4515

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Commercial Real Estate & Business Opportunities

per unit. After the renovation was complete the rents were increased by an average of $100.00 per month or $1,200.00 annually. It will take 30 months to recoup the expense or in other words the payback on the investment is 2.5 years. That equates to an approximate 40% annual return on the renovation investment, ($1200/$3000 = 40%).

But most importantly the total value of the property based on a 7% cap rate had increased by $200,000.00. In this example, it’s clear that the renovations at a cost of $3,000.00 per unit ($30,000 for all 10 units) was a prudent investment 2. REDUCING EXPENSES: Reducing property expenses is often the most cost effective way to improve the NOI and increase value.

• UTILITIES: Assess how much you are paying for heat, water and hydro and then establish how you can reduce these charges.

• WATER: Conduct routine checks for water leaks and running toilets in each unit • HEAT: Check for loss of heat from windows, dirty radiators, old boiler system • HYDRO: If you are paying for the unit hydro, remember that old fridges consume more; charge extra for the use of A/C window units and check the timer to the common area and exterior lights.

Educate your tenants on the benefits of energy conservation.

• REALTY TAXES: Are you paying too much realty tax? Let’s face it, paying too much realty tax on investment properties could significantly impact the NOI and dramatically reduce value.

Unfortunately most investors take this large expense for granted and assume that the assessment on their investment property is correct and never bother to investigate it.

The reality is that many landlords are paying too much realty tax without being aware of it. As

an owner, you should make a point to investigate if you are paying too much realty tax on all your properties.

I would like to share another real life experience of how an owner reduced his property tax by over $10,000.00 per year.

In a transaction about 4 years ago, I noted that the property tax on my client’s new acquisition (a 20 unit apartment building in Hamilton On) appeared to be extremely high, based on my many comparables. Doing a quick check I calculated that the realty tax was about $12,000.00 too high. The first step was to ask MPAC to review the assessment through a simple on line application called Request for Reconsideration (RfR)” Do your homework by obtaining the assessments on similar properties. If you are convinced your property is over assessed, then simply go to the MPAC website and follow the instructions; download, and fully complete the (RfR) form. A local assessment officer will be appointed to review your application. Once the officer completes his investigation you will be notified on their decision.

Should you not agree with the results from the reconsideration process, you still have the option for an appeal. The appeal process is more involved and will not be covered in this article.

In reference to the application for the Request for Reconsideration by my client I am pleased to say it was a huge success. The owner received a revised tax assessment and a refund cheque for over $11,000.00. It was not just the refund that was gratifying, the increase in the NOI as a result of the realty tax reduction translated to a huge rise in value. By taking the revised net income and using a market cap rate of 7%, this equated to about a $150,000.00 increase in value!

Hamilton

Volume 15 Issue 11

3. RENTAL EQUIPMENT: Another relatively easy way to reduce your expenses and increase the NOI is to eliminate rental equipment. Make a plan to owning them instead.

We continue another real life example of how the property value was increased for a 21 unit apartment building. The hot water tank rental was approximately $300 per month (including taxes) which equated to $3,600 per year. The cost to purchase and install the equipment was approximately $4,000.00. The purchase of this hot water tank was a great investment simply because of the approximate one year payback!

But more importantly, this change also increased the property value by simply reducing of the operating expenses (or increasing the NOI) by $3,600.00 per year.

How much would the property value increase after this relatively low investment? To assess the impact of the $3,600.00 of extra income that was generated by reducing the annual hot water rental expense, we need to divide this amount by the market Cap Rate. Let’s assume the current market Cap Rate is 7.0%, therefore by dividing by this Cap Rate the value had increased by $51,000.00, just by improving the NOI. ($3,600/7.0% = $51,000.00).

The above scenarios demonstrate how simple investment undertakings produced a tremendous return rate and helped generate a huge increase in property value. One can now clearly see that increasing rents and or lowering expenses, (even if it requires expenditure to do so), is a wise decision.

On the first real life scenario, the property was just sold for a $300,000.00 profit, after only one year of ownership.

Remember, it is all about the NOI.

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Volume 15 Issue 11

Commercial Real Estate & Business Opportunities Visit my website

Augie

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

Hamilton

8471320_3715

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

3 STORES + 3 APTS OTTAWA ST

FOR LEASE MAIN ST. 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.

2915_DJW_2_0085

WELL ESTABLISHED HAMILTON BAKERY (BUSINESS AND REAL ESTATE)

$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.

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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

$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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Commercial Real Estate & Business Opportunities

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BROKERAGE

Geoff Walker, Broker of Record geoff@gwalker.ca

$595,000

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Please call Colette Cooper, Broker/A.S.A./M.C.N.E. at 905-522-3300 or email cooper@judymarsales.com www.colettecooper.com

19 MAIN STREET SOUTH, WATERDOWN

Located in the heart of Waterdown Village.

Triple storefront property; just steps from Hwy #5.

Plenty of owned, shared and street parking available.

Perfect for busines owner + rental income.

Westdale 905.522.3300

10339498_4515

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For

Further inFormation:

DYNAMIC commercial retail building! Fabulous expandable & divisible main level with huge Showroom + offices.

Loft display area. Main level w/out to rear deck.

2 piece bath + huge workshop area + many storage rooms in high basement.

Parking available. High traffic area in an excellent downtown locale! Suitable space for MANY possible uses!

Hamilton

FANTASTIC OPPORTUNITY! 4515_DJW_0039

905-648-0088 1-888-777-9181

Locke Street 905.529.3300 www.judymarsales.com

Ancaster 905.648.6800

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 4515_DJW_1_0083

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.

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.

LAND FOR SALE

BUILDING & BUSINESS FOR SALE

RETAIL/OFFICE FOR LEASE

DOWNTOWN HAMILTON Prime downtown parking lot located near the GO station, Royal Connaught condo development, court buildings, hospital and most downtown services and amenities. An ideal site for a future high rise condo/office tower development. Currently this lot is leased on a net basis as a parking lot until 2017. Asking $1,790,000 Call LB for details

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

DOWNTOWN HAMILTON DISTRICT

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170 SILVERCREEK PARKWAY NORTH, GUELPH Located on a major arterial road across from Willow West Mall.

Many national tenants on this power retail strip. Unit 2 - 2,151 sf, former variety store, asking $13.95/sf and Unit 7 - 4,550 sf asking $12.95/sf, unit divisible from 1,250 sf, rates vary on size. Ideal for most retail or other uses, landlord may assist with improvements.

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

4515_DJW_0086

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RETAIL/OFFICE FOR LEASE

4515_DJW_2_0066

RETAIL/OFFICE FOR LEASE

529-5900 x 240

EAST HAMILTON Attractive neighbourhood retail plaza in the heart of a high population mixed density res. area. Easy access to Red Hill Expressway. Units sizes vary from 786 - 6,800 sf with rental rates Economically priced from $9.95 - $13.95/sf net. Ideal for most retail/office uses. Landlord may assist with improvements.

Abundant parking. Immediate possession.

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Volume 15 Issue 11

Commercial Real Estate & Business Opportunities

PINNACLE REAL ESTATE, Brokerage Each Office is Independently Owned and Operated

Meltem “Mel” Koseleci Sales Representative®

905-525-1110 Direct: 905-308-4635 Email: meltem@meltemkoseleci.com 11294165_4515

$599,997

Hamilton

BURLINGTON VACANT LAND FOR SALE

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Build your dream home in Burlington. Over 7 acres with highway visibility. Residential zoning. Buyer must satisfy themselves as to permitted usage and taxes.

Call for more details.

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Larry Szpirglas BROKER

Tel: 905.648.4451 Email: larryszpirglas@royallepage.ca MAGNIFICENT, 7 ACRE PROPERTY 54,908 SQ. FT. +/-

Currently the Jewish Community Center of Greater Hamilton

FOR SALE: $1,275,000 › Indoor/outdoor tennis › Squash › Fitness area and locker rooms › Kitchen › Ample parking › MLS #H3169862

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DOWNTOWN HAMILTON OPPORTUNITY Be a part of downtown core resurgence with this outstanding opportunity stragically located in the heart of the renowned international Village, Long Established popular and successful restaurant business and building for sale. Building contains a restaurant on the main level, a retail rental unit and 2 upper levels that can be renovated to re-create numerous rental units.

Several city incentive programs available to convert to residential. Ideal for future redevelopment.

Numerous options available including an outright sale of the business and building, a sale/lease back etc.

Possible VTB available $1,095,000.

To be sold “as is” basis.

EXCELLENT UPPER JAMES LOCATION!

FOR SALE OR LEASE SALE PRICE: $550,000 LEASE PRICE: $2,800/MTH › 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 › MLS #H3165899 4515_DJW_1_0013

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Volume 15 Issue 11

31

Ramzi Twal Sales Representative

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Commercial Real Estate & Business Opportunities

PINNACLE REAL ESTATE BROKERAGE Each Office is Independantly Owned and Operated

905.741.7221

1.877.938.1110

Hamilton

ramzi@ramzitwal.com www.ramzitwal.com

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 4515_DJW_2_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 4515_DJW_1_0069

ADAM DEARBORN Sales Representative

(905)

401-1331

www.svnrock.ca | Adam.Dearborn@SVN.com 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 WATERLOO - 61 Condo titled townhomes asking $10 million.

42 INDIVIDUALLY TITLED TOWNHOMES

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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.

NATIONAL SELF-STORAGE TEAM

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Hamilton - 9 unit concrete construction with balconies. $1,195 m

Trusted Advisors Our Team Provides: • National Reach and Local Expertise • Brokerage & Marketing • Feasibility Studies and Consulting/Valuations SVN will be attending and exhibiting at the upcoming annual Canadian Self Storage Conference and Trade Show, November 11 and 12, in the Metro Toronto Convention Centre. Join us for the “Investment Forum” with Nick Malagisi, National Director of self-storage for Sperry Van Ness. Panel members include Kevin Heiss of Largo Capital; Jeremy Wedgbury of National National; Oliver Tighe of Colliers Appraisal; David Allan of Apple Self Storage; Reade DeCurtains of Budget Self Storage; Michael Foy of Storage capital

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

11294135_4515

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VIEW OUR MAGAZINES ON ANY

DIGITAL DEVICE anytime, anywhere!

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

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Published by

2015-03-24 11:04 AM 2015-11-05 4:20 PM

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Volume 15 Issue 11

Commercial Real Estate & Business Opportunities

SkyViews Finding the Right Brokerage Guidelines to help apartment owners maximize their sales

Greater Toronto Area

By Erin Ruddy, Editor of Canadian Apartment Magazine When it comes to selling an apartment building, there are communication to blanket the market in hopes of finding many factors property owners should consider before potential buyers; to properly market a property, the right diving into, what for most, is an intensely complicated brokerage will use what is called target marketing. “Using process. Among those factors, and perhaps the most multiple forms of communication, your brokerage should important of them all, is choosing the right brokerage to identify the best strategy to reach all buyers in the engage the right buyers. apartment building industry directly, resulting in you getting the most efficient marketing results,” he says.

Cliff Ford is the Director of Sales and Marketing at Skyview Realty Limited. As someone who has been been facilitating Find someone connected this process for more than seven years, Ford offers the The ideal brokerage is connected not only to you, but also following guidelines for finding a brokerage firm to foster to a network of current buyers. When you are ready for successful transactions and ensure the highest results. your property to be listed, Ford says your brokerage should already have contacts with potential buyers and know who Go with experience would be the right fit for your building.

Real estate markets change from year to year, even from month to month. “When dealing with a brokerage firm, Remember, established is good owners need to find the delicate balance of experience, Along with knowledge of current buyers, a brokerage coupled with the up-to-date understanding of today’s should have already established relationships with other current marketplace and trends,” says Ford. “Experience companies in the industry—appraisers, environmental and alone will fail to provide strategies that reflect current trends structural inspectors, financial institutions, and other key in the industry.” On the other hand, a brokerage firm lacking players. “Having an established network of industry in experience will not be able to accurately predict and professionals can assist you in bringing your transaction to prepare for upcoming trends. a quicker close,” he says.

Look out for number one Ford advises that above all else, apartment building owners choose a brokerage that looks after their interests and works hard to achieve their trust, confidence and commitment.

“Your brokerage should ultimately be looking to serve your needs throughout the process of selling,” he advises.

Look beyond the offer Many real estate transactions fail at the most crucial stage: the due diligence process. “Having a brokerage that engages in a thorough due diligence process ensures that your building’s information is verified for the buyer and your transaction closes smoothly and promptly.”

Take the right approach While some brokerages focus on the approach of, “Bring me an offer, any offer,” Ford points out that finding the right buyer with the right offer is the better way to go. “A good brokerage will bring the right people to the table to help you sell your building,” he says.

Get what you pay for “Whether you are paying a low or high commission fee to the brokerage of your choice,” says Ford,” you need to be confident in the level of service you received. The right brokerage will be dedicated to providing the ultimate service for the commission fees you pay.”

Know your value Many brokerages waste valuable time and resources trying to pinpoint the market value for a building. “The right brokerage will have the knowledge and experience to provide an accurate opinion of value prior to even listing your building,” says Ford. “Knowing what your building is worth will help you get the right return on your investment.”

Finally, when all is said and done, Ford explains that the most important element in dealing with a brokerage firm is achieving top dollar for an apartment building. Finding the right brokerage—one that fulfills the above criteria—ensures that the owner walks away from every transaction with confidence, having received exceptional service, maximum exposure, hassle-free processes, and best of all, financial results.

Get maximum exposure Marketing is not just a matter of using one or two forms of

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

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

R O

REALTOR

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Commercial Real Estate & Business Opportunities 11302325_4515

Volume 15 Issue 11

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 Redevelopment • 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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David Williams,

Sales Representative 416 643 3753 david.williams@colliers.com

Greater Toronto Area

www.collierscanada.com/17990

Development Site with Income - Oakville Corner lot in Old Oakville close to the Lake 250’ x 120’ with 16,000 sf office building Hold and redevelop with towns or mid rise or build 5 lots NOW Asking $6MM or 4.75% stabilized cap

Lorenzo DiGianfelice, Broker of Record & Owner ldigianfelice@cfrealty.ca

Commercial Focus Realty Inc. 35 The Links Road, Toronto, ON, M2P 1T7 / 416-907-8281 p 416-972-9588 f 11302038_4515

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Commercial Real Estate & Business Opportunities

Volume 15 Issue 11

OFFICE CONDO FOR SALE

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ATTENTION: Investors & Developers

$2,850,000

14th Ave. & Birchmount in Markham Furniture included - move in condition 3,048 sq. ft. $799,000 1,640 sq. ft. $399,800 1,407 sq. ft. $355,000

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

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f o r d e t a i l s c al l

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JIMMY WONG Greater Toronto Area

HOMELIFE GOLD TRADE REALTY LTD., BROKERAGE

905-415-3800

BRO KE R O F RE CO RD

$950,000

Direct: 416.402.0888

inthenews

3

RD

S

Avison Young releases QUARTER 2015 GREATER TORONTO AREA COMMERCIAL REAL ESTATE INVESTMENT REVIEW

ales of commercial real estate assets in the Greater Toronto Area (GTA) continue to fluctuate quarter-over-quarter. Despite a strong showing by the office sector, sales declined in the industrial, retail, ICI land and multi-residential sectors. Consistent, however, are historically low interest rates, plentiful capital, constrained product supply and competitive bids (especially from foreign buyers), resulting in historically low cap rates.

These are some of the key trends noted in Avison Young’s Third Quarter 2015 Commercial Real Estate Investment Review – Greater Toronto Area, released today. The quarterly report tracks GTA office, industrial, retail, ICI land and multiresidential property sales transactions greater than $1 million.

by the lack of available product for sale,” comments Bill Argeropoulos, Principal and Practice Leader, Research (Canada) for Avison Young.“The demand is definitely there, as investors are looking for ways to strategically deploy more capital into all the asset types and geographical areas across the GTA. Investors have been increasing allocations to commercial real estate, as this sector has now earned its place as a core portfolio holding, and is no longer considered an alternative investment option – producing favourable total returns vis-à-vis equities and bonds.”

Argeropoulos continues: “In this already highly competitive marketplace, which has pitted domestic buyers against one another, you now have an increasing number of foreign investors, particularly from China. These buyers have not only bolstered investment volumes – helping to fill the void left by some local players who have been sidelined by high pricing and deploying capital abroad – but have had an even bigger impact by pushing valuations higher and compressing yields.”

“Buoyed by stable leasing fundamentals, the market’s true acquisition potential continues to be unrealized, constricted Continued on page 39

Please say you saw it in The Commercial Investor

COM_4515.indd 36

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C

Volume 15 Issue 11

37

Commercial Real Estate & Business Opportunities

Platinum Award Winner

SELLING REAL ESTATE FOR OVER 25 YEARS

Bill Morrison SALES REPRESENTATIVE

Direct:

905-619-9500

Heritage Realty Inc., Brokerage Independently Owned and Operated

Email:

morrisonb@sutton.com

TORONTO

$2,799,999

Great investment 9 plex.

All brick building in prime location. 8-2 bdrm, 1-1 bdrm. Balconies newly updated. Lots of parking.

ASKING

$1,150,000

OSHAWA

TORONTO Investment plaza with 4 retail stores and 7 residential apartments.

Minutes to Yorkdale Mall and subway.

ASKING

$3,200,000

Used car lot. Paved yard with lights and sales office. Great tenant can stay or go. Priced to sell.

Investment property.

ASKING

4515_DJW_0054

$2,098,000

$399,000

4515_DJW_0055

TORONTO

TORONTO

ASKING

4515_DJW_0053

Greater Toronto Area

ASKING

OSHAWA

Fantastic office building with lane access to fenced in yard.

10 car parking. Bathurst and Queen St. location.

2nd storey with 10' and 12' ceilings and skylight. Approx.

4100 sq ft plus useable full basement. Why lease?

Very busy area with new developments.

4515_DJW_0052

10527900_4515

Toronto line: 416 798 7278

Excellent investment opportunity! 11 well maintained apartments 6-2 bdrm, 5-1 bdrm. Newer roof. Tenants pay own hydro. Plenty of parking.

No vacancy. Low operating cost.

4515_DJW_0056

Detached 6 plex with great curb appeal. 3-2 bdrm, 2-1 bdrm., bachelor.

In the west end.

ASKING

$1,150,000

4515_DJW_0057

CLARINGTON

Prime commercial corner location on 4.18 acres with detached 2 story house. Plaza leased with 6 tenants.

Huge lot close to 407 expansion.

ASKING

$2,699,000

4515_DJW_0058

I URGENTLY NEED MORE PROPERTY TO SELL IN ALL AREAS,

BUYERS ARE WAITING.

Call Bill Morrison to sell yours! FREE consultation call Bill 905-619-9500 Please say you saw it in The Commercial Investor

COM_4515.indd 37

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38

Volume 15 Issue 11

Commercial Real Estate & Business Opportunities

Givalas Real Estate 8973548_4515

Nick Givalas Broker of Record

Ltd.

Brokerage

(905) 479-4436

email: ngivalas@trebnet.com

COMING SOON! Multiplex Coming Soon - Rosedale / Moore Park Area - Toronto

3315_DJW_2_0075

INVESTMENT PROPERTY FOR SALE

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 ASKING $1,395,000

Greater Toronto Area

3315_DJW_0062

WOODBRIDGE PLAZA

D L SO

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

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_4515.indd 38

2015-11-05 4:20 PM

Volume 15 Issue 11

ATTENTION INVESTORS

}

Do you have children attending the University of Western Ontario?

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

NELSON CONROY Sales Representative

519-672-9880

nelsonconroy@royallepage.ca

London South - 334 Wellington Road S, N6C 4P6

inthenews

Greater Toronto Area

11299343_4515

39

Commercial Real Estate & Business Opportunities

Continued from page 36

GTA investment volume in the third quarter of 2015 came in at slightly more than $2 billion, down 27 per cent quarter-overquarter and two per cent year-over-year. The three-quarter tally stands at $6.7 billion, down 13 per cent year-over-year.

Office building sales led all asset categories, improving 38 per cent quarter-over-quarter to $578 million (29 per cent share).

Despite sales rising for the second consecutive quarter, the year-to-date sum of $1.4 billion lags the $2.2 billion that sold in the first three quarters of 2014.

The industrial sector saw sales fall 39 per cent to just under $409 million (20 per cent share), bringing the three-quarter dollar volume to $1.5 billion (-7 per cent year-over-year); however, sales could still match or surpass 2014’s annual total of $2.2 billion by the end of 2015.

Multi-residential, the second-quarter leader ($705 million), managed only $401 million (20 per cent share) in the third quarter – a 43 per cent decline. Nonetheless, the sector is having a banner year, with $1.4 billion in assets traded year-todate (nearly double the volume during first three quarters of 2014) – exceeding 2014’s $1.1-billion annual total.

Investment in the retail sector totalled $1.5 billion through the first three quarters of 2015. Like industrial, retail property sales fell 44 per cent quarter-over-quarter to $381 million (19 per

cent share). A larger proportion (68 per cent) of dollar volume was in the urban 416 area code rather than the suburban 905 area code.

ICI land is the least-traded asset type, and the only sector below the $1-billion mark ($827 million), year-to-date. While the total acreage sold increased between quarters, dollar volume fell 19 per cent to $242 million (12 per cent share) – the lowest result in 15 quarters.

Capitalization rates were either flat or marginally lower than one quarter earlier.

“The fourth quarter is off to a great start with $2.8 billion already in the books, and the $10.3 billion that sold in all of 2014 is within range of being surpassed by year-end,” concludes Argeropoulos.

Avison Young is among the world’s fastest-growing commercial real estate services firms. 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 71 offices, providing value-added, clientcentric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family properties. www.avisonyoung.com

Please say you saw it in The Commercial Investor

COM_4515.indd 39

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marketminded

MONTREAL & TORONTO: INDUSTRIAL MARKET COMPARISONS Colliers report examines “yesterday and today”

I

n the 19th Century, development of the railway and expansion of the port contributed to Montreal’s industrial development, making the city a transportation hub. At the same time, the growth of the banks and other financial institutions allowed the city to become Canada’s financial centre for the first half of the 20th century.

Montreal’s location contributed to its development. Many urban planners and economists note that manufacturing began to migrate to the American midwest and to southern Ontario at the onset of WWII. This marked an observable decline of Montreal’s manufacturing industry and industrial areas. The development of the roadway network and the momentum of the trucking industry, plus the opening of the St. Lawrence Seaway in 1959, diminished Montreal’s importance as a trans-shipment point. As well, some of the economic cycles hit Montreal’s industrial infrastructure hard, including the recessions of 1980-82 and 1990-91 that decimated the garment trade, the petrochemical industry and rail transportation.

The sluggishness of the Montreal area’s industrial market is noted by many people. This lack of vigour is noticeable by the weaker level of activity in the market, most notably in terms of the lack of new large distribution and warehousing companies moving into the market, as well as the lethargy of new industrial construction that have led to an aging industrial building inventory. On the other hand, the Greater Toronto Area (GTA) has become the main distribution centre for Eastern Canada and the principal beneficiary of new investment in the industrial and commercial marketplace.

COM_4515.indd 40

WHAT IS THE CURRENT PICTURE OF THE TORONTO AND MONTREAL INDUSTRIAL MARKETS? THE EMERGENCE OF THE GTA The Montreal economy is no longer the driver of the Canadian economy as it was in the early decades after Confederation. The demographic and economic growth patterns of the two cities have been analysed in depth by any number of researchers.

It has been demonstrated that the gap in economic growth between the two great cities cannot be attributed to a single factor.

The 1976 census noted that the GTA population had moved past Montreal’s. Since the beginning of the ‘70s, the two cities had competed for the top economic position.

Toronto’s population doubled in the last 40 years.

According to some estimates, the population of the GTA has seen growth of 6.5 per cent between 2010 and 2015 while Montreal has only seen population growth of 5.7 per cent for the same period. The population within 50 kilometres of downtown Toronto is 6.4 million or 35 per cent higher than in the Montreal metropolitan area at 4.2 million. Between now and 2020, the populations of the Greater Toronto and Montreal areas should see similar growth, estimated at 5.4 and 5.2 per cent respectively.

Not only has the demographic growth of the GTA been greater than that of the Montreal area for the last three decades, economic growth has been equally vigorous. Since 1997, Quebec’s gross domestic product has been in decline compared to Ontario’s. Twenty years ago, Quebec’s GDP represented about 55 per cent of Ontario’s GDP, down to a little more than 50 per cent today.

Since 1997, Quebec industrial production has grown 16 per cent against 3 per cent in Ontario. However, since the economic uptick after the 2008 financial crisis, industrial production has increased 16 per cent in Ontario against 8 per cent in Quebec.4 In 2014, Ontario received nearly (US) $7 billion in foreign investment against (US) $2 billion for Quebec. Over the last two years, Ontario has been the number one choice for foreign investment in North America.

Toronto’s economic and demographic growth relative to Montreal’s has resulted in strong growth in the industrial market. The inventory profile of industrial buildings in the two cities is becoming more and more different as well. The GTA has 727,000,000 square feet of industrial space, while the greater Montreal area has approximately 325,000,000 square feet According to Colliers International, this gap is growing: the pace of industrial inventory growth in the GTA since 2010 is 7.6 times higher than Montreal’s. The GTA industrial space inventory grew by 21.5 million square feet in the last six years vs. 2.8 million square feet in Montreal.

The growth of new industrial space in Ontario has reflected the increased investment in industrial building construction in the province fairly closely since 2009. This increase is in contrast to investment in Quebec, which has remained almost static.

IS THE TAX BURDEN AT FAULT? The political and linguistic context and the militant trade unionism of the last 40 years have all been invoked as factors for reduced investment in Quebec. The tax burden on Quebec business is nevertheless the focus of many analysis in order to

2015-11-05 4:20 PM

explain the less competitive nature of the Quebec economy and its industrial market.

What of it? According to the Fiscalité et aide publique aux entreprises report published in February 2015 related to tax rates for corporations,“The principal challenges of a government consists in adopting policies that allow it to finance operations without compromising the vigour of the economy. Therefore, all modes of taxation are not equal: their impact on economic growth differ greatly.”

A comparison of the tax rates in OECD countries shows that rates have been declining in the last 30 years, moving from an average rate of 47 per cent in 1981 to 25.5 per cent in 2013. The tax rates on profits of Quebec businesses follow this decline. At 26.9 per cent, it is superior to the tax imposed in Ontario (26.5 per cent), BC (26 per cent) and Alberta (25 per cent) and to the average tax rates in OECD countries (25.5 per cent).

Tax on company profits does not provide a complete picture of the tax burden. That burden has to include the application of the tax system, payroll taxes and the various fees for social services. When considering the full tax amounts paid for by corporations, an international comparison indicates that despite the reduction on taxes on corporate profits since 1981, the total tax burden on Quebec business is higher than in the other adjacent provinces and correspond to the highest rates in OECD countries.

In the last Quebec budget, the provincial tax rate on corporate profits is set to move from 11.9 per cent to 11.5 per cent by 2020. The annual reduction of a tenth of one per cent will begin in 2017. The Quebec corporate tax rate, already below the Canadian average of 12.7 per cent should become equal with Ontario’s in the medium term. The next years will tell whether this reduction in the tax burden will stimulate the Montreal industrial market. The Godbout Commission report on Quebec taxation recommended reducing the general tax rate on corporations to 10 per cent, which would allow increased Quebec industry competitiveness in terms of the Ontario tax system.

GLOBAL RULES OF THE GAME The fact is, the tax burden is just one of a number of factors companies look at before choosing a location for their operations. Both Toronto and Montreal compete globally for companies who can locate in any developed or developing countries based on any number of considerations.

For example, the growth in the Toronto industrial market in the last few years has been fuelled by the growth of the distribution sector. The area has become a hub for commercial activity in eastern Canada and the US northeast. In this regard, Toronto benefits from its close proximity to other important distribution centres, most notably Chicago and the large urban centres in the Midwest. Toronto’s geographic location also benefits the city, just as Montreal’s did a century ago.

Concurrently, Montreal, which was the epicentre of industrial production and manufacturing in Canada, is competing face to face against international competition to maintain the vitality of its manufacturing industry. Above and beyond taxation rates, Montreal provides other advantages to the industrial markets

COM_4515.indd 41

that are more specialized than Toronto’s, most notably very competitive energy costs and access to a skilled and bilingual work force.

THE STATE OF THE MONTREAL INDUSTRIAL INVENTORY That the Toronto industrial building inventory is significantly larger than Montreal’s, given the extent of the Ontario economy and population is to be expected. However, the slow rate of growth of Montreal’s industrial building inventory impacts the long- term competitiveness of the Montreal market. Over the last few years, the new industrial buildings that have been constructed in the Montreal region were built for the specific needs of mediumsized companies while Toronto has seen large multi-tenant buildings being built. The profile of the industrial building inventory in Toronto and in Montreal is changing and reflects Toronto’s more competitive character.

Essentially, Toronto industrial buildings are newer, and they are also taller and larger according to Colliers International data.

Toronto has a larger proportion of buildings with a free height above 25 feet. As to size, the number of square feet by building category is proportionally superior in Toronto. While the industrial inventory of the GTA is two-and-a-half times that of Montreal, the number of square feet by building category is generally three to four times larger than Montreal’s.

So the size of industrial buildings in the GTA are better adapted to the needs of large distribution centres that locate there. In Toronto, we find proportionately five times more buildings with over a million square feet while the availability of buildings over 200,000 square feet in the Montreal region is a problem noted by Montreal real estate brokers. The average square footage of industrial buildings in the GTA is 67,000 square feet vs. 54,000 for greater Montreal industrial buildings.

The existing square footage of Toronto industrial buildings is obviously superior in all categories. However, the number of existing square feet in buildings over 100 thousand square feet is proportionately greater in Toronto than in Montreal, which indicates that Toronto has a proportionately larger number of buildings over 100 thousand square feet In fact, Montreal is the market with the highest proportion of buildings under 100,000 square feet in the total inventory.

CONCLUSION The recent evolution of Toronto and Montreal industrial buildings inventory tends to move in the same direction of their respective economies. Montreal’s industrial stagnation relative to Toronto’s does not necessarily means that the future of Montreal is bleak. For some 20 years, a number of companies have seen strong growth that has contributed to the success of the aeronautics, has contributed to the success of the aeronautics, biopharmaceutical, IT and telecommunications sectors. The diversity and dynamism of the Montreal economy, the opening of new markets that have come with the numerous free trade agreements, the robust US growth and the low Canadian dollar is allowing the city’s corporations to increase exports to the US and to other international markets.

2015-11-05 4:20 PM

42

Volume 15 Issue 11

8975448_4515

Commercial Real Estate & Business Opportunities

00 99 ,4 00 98 $8

,1 $1

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

$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

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00 ,0 $2

59

$2

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4115_DJW_2_0016

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4115_DJW_0059

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00

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4115_DJW_4_0031

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50

,0 48 ,3 $1 Greater Toronto Area

Live and work on 1 acre in Norval.

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

4115_DJW_0057

85

$1

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

00

4115_DJW_1_0003

00

4115_DJW_3_0004

Well established dentistry practice.

Corner unit. Fully equipped. Excellent clientele.

,0

00

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 ,0 99 ,9 $1

$2

,0

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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

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43

Commercial Real Estate & Business Opportunities 10929735_4515

Volume 15 Issue 11

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

In-town Investment Property. 2-2 bedroom units on large lot within walking distance of downtown. Live in one, rent out the other or invest for the future. $299,900 Marc Ronan *** 1-888-936-4216 4515_DJW_0018

84.4 Acres abutting residential development in areaâ&#x20AC;&#x2122;s fastest growing community.

Surrounded by existing development w/two road stubs to East on Municipal services. Flat, clear acreage mins from Honda. Entirely maintenance free clean crop lnd. Zoned rural, in 2 deeds. Both deeds in land titles absolute. Perfect land banking earn solid crop related income while waiting for this parcel to mature to development stage. $2,995,000 Marc Ronan *** 1-888-936-4216 4515_DJW_0020

Future Development parcel approx. 6.9 acres located strategically including propsed collector road with the possibility of a number of serviced building lots. $449,000 Marc Ronan *** 1-888-936-4216 4515_DJW_0019

Building lot in Colgan! 33'x 132' lot! Located on paved road near Tottenham.

Walk to school/Church! $49,900 Marc Ronan *** 1-888-936-4216

Greater Toronto Area

RONAN REALTY, BROKERAGE

4515_DJW_0021

Hockley Valley! 97.5 acres planted with approx 70% seedlings and 30% ready to harvest. Large building with hydro on property and fronts on Airport Road approx 1 km North of Hockley Road. Build your custom home and potential income in beautiful Hockley Valley. $729,900 Marc Ronan *** 1-888-936-4216 4515_DJW_0022

52 Acres vacant land for sale on the outskirts of The City Limits of Orangeville! Signifiant studies/surveys completed in 2008 including premilinary servicing & stormwater management report, archaeological assessment (Stage 1 & 2), servicing options reports. Located southwest of intersection of County Road 109 & A Line w/existing industrial development to North. Suitable for investor/developer looking to take to next level. $2,600,000 Marc Ronan*** or Chantal Varcoe* 1-888-936-4216 4515_DJW_0023

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 4515_DJW_0024

Great opportunity to own an established boarding and grooming kennel. Large facility with 20 indoor and outdoor pens. Residential bungalow has a basement apartment. Situated on 1.95 acres backing onto conservation area. $524,900.

Ingrid McNeil * 1-877-435-4336 4515_DJW_0025

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44

Volume 15 Issue 11

Commercial Real Estate & Business Opportunities

#

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11276658_4515

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

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

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COM_4515.indd 44

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Volume 15 Issue 11

45

Commercial Real Estate & Business Opportunities

ED COMPAGNONE BROKER

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_4515

William Hicks

Greater Toronto Area

416.720.0654

905.731.2000

SALES REPRESENTATIVE

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

3315_DJW_0014

OFFICE: 905-335-3042 Ext 579

williamhicks@royallepage.ca

BURLOAK REAL ESTATE SERVICES BROKERAGE INDEPENDENTLY OWNED & OPERATED BROKERAGE

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_3315

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Volume 15 Issue 11

11294169_4515

Commercial Real Estate & Business Opportunities

Greater Toronto Area

11265283_4515

Igor Chouminov 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

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1715_DJW_0087

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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_4515.indd 46

2015-11-05 4:20 PM

NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

CENTRAL ONTARIO

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

For advertising

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

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

NewSectionPages_FullColor2015.indd 9 COM_4515.indd 47

2015-03-19 3:47 PM 2015-11-05 4:20 PM

marketminded

OVER HALF OF CANADIAN ENTREPRENEURS HAVE SEEN GROWTH IN THEIR BUSINESSES SINCE ESTABLISHMENT: BMO REPORT – Both small-and micro-businesses have seen significant growth in revenues – Statistics Canada data reveal that small businesses continue to create jobs faster than larger companies – Majority of business owners currently operate under a business plan and engage in networking activities to stay connected

A

new report on Canadian entrepreneurs by BMO Bank of Montreal reveals that business owners in both the small-and micro-business categories have experienced growth in all areas of their businesses since establishment.

The report, conducted by Pollara, found that: Most small businesses have seen growth in number of employees (92 per cent) and revenue (90 per cent) Most micro businesses have grown their customer base (78 per cent) and revenue (68 per cent) “As per recent years, businesses with fewer than 50 workers continue to create jobs faster than larger companies, with employment up 1.3 per cent in the past year versus 0.9 per cent for bigger firms,” said Sal Guatieri, Senior Economist, BMO Capital Markets.“Supported by low borrowing costs and a weak currency, new and small business entrepreneurs will continue to drive Canada’s employment and economy.”

John MacAulay, Head of Canadian Commercial Banking, BMO Bank of Montreal, says that it is important that business owners operating in the high-growth market continue to

COM_4515.indd 48

CANADIAN ENTREPRENEURS HAVE SEEN GROWTH IN ALL AREAS OF BUSINESS IN FIVE YEARS OR LESS PERCENTAGE OF NEW SMALL BUSINESSES THAT HAVE EXPERIENCED GROWTH

Area of growth

Small Businesses Micro Businesses (11-49 employees) (1-10 employees)

Number of employees

92%

37%

Customer base

88%

78%

Products/services offered 78%

57%

Operating expenses

85%

61%

Financial resources

77%

46%

Revenue

90%

68%

Online presence

55%

48%

2015-11-05 4:20 PM

49

Commercial Real Estate & Business Opportunities 8313781_4515

Bill Byers Sales Representative bill-byers@coldwellbanker.ca

TEMISKAMING REALTY LTD.,

4115_DJW_1_0040

COMMERCIAL/RESIDENTIAL 5 Units - 1 Com & 4 Res downtown New Liskeard. Always rented, long term tenants. Parking. Asking $299,900. MLS 150941.

Excellent Highway Commercial vacant land. 2.89 acres in the town of Englehart with great high traffic exposure & all town services available. Asking $95,000. MLS 151152

4115_DJW_2_0033

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

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

HIGHWAY 11 NORTH

4115_DJW_1_0142

New Liskeard, Northern Ontario

4115_DJW_1_0041

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

BROKERAGE

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

Vacant, former gas station, restaurant, repair shop with hoist & owners apartment (not finished). Asking $159,900. MLS 152302

evolve with the overall environment.“BMO is committed to helping provide the resources and advice business owners need to ensure seamless business operations, so that they can focus on other areas including expanding their customer base and product offerings.”

MAJORITY OF BUSINESS OWNERS AGREE A BUSINESS PLAN IS FUNDAMENTAL FOR SUCCESS The report also revealed that almost three quarters of both small and micro-business owners currently operate under a business plan (71 per cent) and 74 per cent feel a business plan is integral to their success. In addition, almost all business owners (91 per cent) agreed that a business plan is important when seeking funding and investors.

“What small business owners may not realize is that their financial institution can provide resources beyond those of traditional banking,” said Mr. MacAulay.“Sitting down with a financial advisor or a small business expert to put both a financial and business plan in place is an integral step in ensuring the success and longevity of small businesses in Canada.”

HIGHWAY #11 Great location for visibility & access. Surrounded by Hwy #11, #569 & Development Road. Fully fenced & graveled 2.34 acre property with 3 gated entrances. 40' x 60' 3 year old well insulated shop with office & storage. Lots of potential with general Industrial Zoning 9 miles north of New Liskeard. Asking $279,900. MLS 140081

IT’S ALL ABOUT WHO YOU KNOW… Additionally, according to the report, almost all business owners engage in networking (92 per cent) and use several additional tools to help stay connected with the business community, including:

Central Ontario

Volume 15 Issue 11

Online networking tools, including Linkedin and Facebook (73 per cent) Seminars and trade shows (54 per cent) Membership to an association or industry group (45 per cent Volunteering on a board (24 per cent) Survey results cited in this report are from phone interviews with a random sample of 501 Canadian small business owners or managers conducted between August 20th and September 8th, 2015.

The margin of error for this survey is ± 4.4%, 19 times out of 20.

Data has been weighted using the latest census information to be representative of Canadians business as a whole.

Established in 1817, BMO Financial Group is a highly diversified financial services provider based in North America. bmo.com

Please say you saw it in The Commercial Investor

COM_4515.indd 49

2015-11-05 4:20 PM

50

Volume 15 Issue 11

Commercial Real Estate & Business Opportunities

INVESTMENT OPPORTUNITY IN MUSKOKA

EARN 10% ON YOUR CARE FREE INVESTMENT! › Townhouse rental › Backing onto a ski resort, ski in ski out facilities › Overlooking the lake › Next to Deerhurst Resort and its proposed half of one billion dollar Deerhurst Village › Steps away from golf, swimming, boating, fishing, skiing and Algonquin Park 4515_DJW_0041 4515_DJW_0042 4515_DJW_0043 › In Huntsville, Muskoka

homeiwillbe.com/valley

Summit Realty Inc. Brokerage 905-897-9555

(PAT)RICK MURPHY

11302377_4515

For more information call 905-897-9555 |

ASSOCIATE BROKER

businessbarometer Central Ontario

C

BUSINESS BAROMETER CLIMBS FOR FIRST TIME IN FOUR MONTHS

anada’s small business confidence picked up almost three points in October, rising to 58.9. The gain marks the first national confidence increase in four months – but underlying factors continue to show a weak economy, according to CFIB’s latest Business Barometer Index.

“While it’s encouraging to see a slight confidence increase across much of the country, sentiment still remains much more negative than this time last year, and suggests an economy that is barely growing” said CFIB chief economist Ted Mallett.

“We’re also seeing weaker hiring plans compared to last year and the continued effects of a weaker dollar driving up pricing.”

Optimism bounced back in British Columbia, rising to 65.7, well above the national average. Alberta made a slight recovery from a record low, improving two points this month to 36.1, still well behind all other provinces. Saskatchewan saw another small drop, slipping a point to 58.3. Manitoba jumped more than six points to 60.6, despite seeing a drop in business owners who believe their businesses are in good shape.

Ontario picked up three points and moves to 62.5, while Quebec slipped to 57.1, falling just below the national average.

Newfoundland and Labrador’s business confidence climbed to 65.0. Nova Scotia rose to 68.0, and remains at the top of the country for the second consecutive month. New Brunswick’s confidence saw a drop to 59.0. Prince Edward Island continued to fall and now sits just above the national average at 59.4.

Confidence increases in the agricultural, construction and manufacturing sectors were responsible for much of the improving mood across Canada. In contrast, retail, hospitality and the service sectors all trended down in October. The resources sector remains the least optimistic by a significant margin.

Employment plans across the country are showing normal seasonal patterns, but are weak compared to last year, with 16 per cent of businesses planning to hire additional full-time staff in the next few months versus 15 per cent planning on cutting back.

Wage-increase plans returned to trend at 1.6 per cent, but the weak dollar has pushed pricing plans up again to 2.4 per cent.

October, 2015 findings are based on 777 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Data reflect responses received through October 19. Findings are considered accurate to +\- 3.5 per cent 19 times in 20.

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

Please say you saw it in The Commercial Investor

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2015-11-05 4:20 PM

NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION COVERING: Lindsay Peterborough Port Hope Bowmanville

EASTERN ONTARIO

EASTERN ONTARIO

Cobourg Trenton Belleville Kingston Northeastern Ontario

For advertising

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

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

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2015-03-19 3:47 PM 2015-11-05 4:20 PM

moneysense

CANADIAN HOLIDAY RETAIL SALES EXPECTED TO GROW FOUR PER CENT: EY All Canadians want for Christmas is… a seamless shopping experience

C

anadian holiday retail sales are expected to grow four per cent over last year, with Millennials driving holiday spending. More optimistic, digital and loyal than any other generation of shoppers, Millennials will lead a shift from consumption to experiences, EY says.

“Retailers’ wish for a more enthusiastic consumer may come true this holiday season.

People are optimistic about the expected tax relief for the middle class, promised by the newly elected government,” says Daniel Baer, EY partner and National Retail and Consumer Products Industry Leader.

Other factors contribute to consumers’ joyful spirit: gas prices are down about 19 per cent year over year, new federal child tax payments are more generous, and employment growth and consumer confidence remain healthy.

On the other hand, the value of the Canadian dollar means less of a drain on sales from cross-border shopping, but higher prices for consumers.

“While Canadians may have a little more money in their pockets, retailers must realize that ways to engage consumers are multiplying rapidly,” explains Baer.“To thrive in this omni-channel environment, retailers must be quick and agile to deliver the integrated experience consumers want.”

And the experience, both online and in-store, will be important for Millennials— the children of Baby Boomers and Gen Z’s parents. According to the EY report Redefining loyalty for retail, Millennials would rather receive exclusive invitations to special events than discount offers.

“Millennials seek experiences, fun and personalized indulgences, and they’re willing to pay a premium for them,” says Baer. “But for purely functional items, millennials seek convenience, selection and low prices.

Millennials are also social-media savvy and digitally connected, meaning the smartphone and tablet will be key interactive tools for retailers.”

COM_4515.indd 52

While online sales will continue to grow, traditional retail channels continue to be relevant. Baer explains,“The fact remains that brick-and-mortar stores is where the vast majority of shopping takes place. Retailers need to adopt the right technologies and the right attitude to leverage their real estate if they want to delight consumers.”

The 2015 holiday sales forecast throughout Canada is expected to vary by region and timing. EY notes the following trends: • Canadian retailers will need to focus on promotions for American Black Friday if they want shoppers to spend their limited discretionary budget on this side of the border, and use this day to drive December traffic.

• British Columbia will lead Canadian retail sales.

• Resources will drag results in Alberta and Saskatchewan to a slight year over year drop in sales.

• Ontario sales gain will mirror the national average, as employment and exports strengthen.

• Quebec sales will show little, if any, growth.

• Sales in Atlantic Canada will be flat.

In terms of product popularity, clothing, toys, electronics and gift cards remain the top choices. Given Millennials’ thirst for experiences, more gift cards purchases will be directed towards restaurants and travel.

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

For more information, please visit ey.com/ca. Follow on Twitter @EYCanada.

2015-11-05 4:20 PM

Volume 15 Issue 11

53

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 â&#x20AC;&#x201C; 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_4515

11279879_4515

BRUCE COOKE BBA, CCIM, SIOR

MATTHEW COOKE B.COMM

Office: 613-966-6060

Office: 613-966-6060 Direct: 613-243-5146

Commercial Sales Representative

Independently Owned & Operated

E-mail: bruce@cookeproperties.com

$450,000

$269,900

Municipal building for sale. 1.3 Acres 6250 square feet with highway exposure. 5 drive bays plus office space. Multiple uses.

4515_DJW_0088

$375,000

Downtown commercial building with main floor bakery/restaurant and upper level living quarters. Busy tourist area close to wineries. Prince Edward County. 4515_DJW_0091

Vacant century building in Downtown Stirling.

2500 square foot retail storefront plus sprawling second level waiting for development. Covered patio and owned parking.

4515_DJW_0089

$25/PSF

Sales Representative

matthew@cookeproperties.com

$500,000

Eastern Ontario

ProAlliance Realty Brokerage

2.13 acre development parcel with plans for 27 residential units. Property can support 45 units.

Also suitable for retirement home.

4515_DJW_0090

$17/PSF

1500 square foot fast food location on a busy Prime strip plaza space in Kingston Ontario at corner lot. $25/square foot triple net lease. Highway 401. 21,000 square feet of second level multipurpose space with elevator. A+ anchor Previously rented to KFC for over 40 years. tenants and plenty of parking 4515_DJW_0092 4515_DJW_0093

Please say you saw it in The Commercial Investor

COM_4515.indd 53

2015-11-05 4:20 PM

54

Volume 15 Issue 11

Commercial Real Estate & Business Opportunities

“Your Commercial Connection in Eastern Ontario!”

jamie@ekortrealty.com

www.ekortrealty.com 8305397_4515

• Downtown core Belleville • 31,900 s/f with parking under cover • Multiple tenants with various lease terms

• • • •

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

• • • •

www.stirlingtowers.com ASKING $2.1 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

• • • •

2 commercial tenants 2 residential tenants Separate metres Fully occupied

www.44king.com ASKING PRICE: $298,000

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.104dundas.com ASKING PRICE: $725,000

4115_DJW_2_0115

5 commercial tenants 6 residential units Separate meters Annual income approx. $98,000

4115_DJW_3_0090

Eastern Ontario

• • • •

www.ekortrealty.com ASKING PRICE $579,900

4115_DJW_1_0103

4115_DJW_2_0102

INVESTMENT PROPERTY

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

4115_DJW_0079

• • • •

Commercial unit with large showroom/6 offices Rooftop microfit contract Situated on 56 acres Listing Sales Rep: Don McColl

4115_DJW_1_0177

4115_DJW_3_0078

INVESTMENT PROPERTY

RETIREMENT HOME

4115_DJW_0089

4115_DJW_0081

GREAT INCOME GENERATING PROPERTY

4115_DJW_0080

ED UCELL D RE O S T

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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_4515.indd 54

2015-11-05 4:20 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_4515.indd 55

2015-03-19 3:48 PM 2015-11-05 4:20 PM

businesssavvy

SELF STORAGE INDUSTRY IN DANGER OF OVER-SUPPLY IN WESTERN CANADA

T

he past five years have been very kind to the commercial real estate markets in the prairie provinces of Alberta and Saskatchewan, with investors posting record returns for most types of property. One commercial asset class that has mirrored the population and economic growth in Western Canada has been self storage development, with new facilities being erected every month to meet the anticipated demand. As more residents moved to Alberta and Saskatchewan to take advantage of the growing economy and increasing commodity prices these provinces produced, new self storage investment occurred and continues at a rapid pace in these markets.

Historically, self storage has been a great commercial asset class in Western Canada, generating strong growth and performance over the last decade. The five large Canadian banks (TD Bank, RBC Financial, Canadian Imperial Bank of Commerce, Bank of Nova Scotia and Bank of Montreal) have been active lenders supporting commercial real-estate investment in Western Canada. This commercial lending activity has also supported self storage construction and investment. However, the dramatic drop in commodity prices and overdevelopment of self storage in certain markets will constrict the economic viability and access to future lending for development.

Saskatoon, SK is a great example of a market that underscores the changes in the self storage business in Western Canada. Saskatoon is experiencing a

COM_4515.indd 56

rapid increase in self storage development, and currently has an estimated 600,000 square feet or 0.75 square feet of storage per resident. However, with the dramatic drops in the price of uranium, oil, potash, and other agricultural products, Saskatoon has experienced a decrease in population and job growth. The confluence of these economic factors is hitting Saskatoon as more self storage facilities are being built and coming online.

Expansions in progress represent a potential total of 185,000 square feet coming online in the next six months, and will increase total supply in Saskatoon by over 40 per cent based on the ISS estimated current supply of 436,000 square feet. This overdevelopment will be great for local residents and businesses who use self storage, but a challenge for operators who will have to adjust to lower rental rates and offer larger incentives to attract new tenants.

To highlight the market dynamics, StorageMart, a leading North American Self Storage operator who owns a state-of-the-art multi-story facility in downtown Saskatoon on 1st Avenue that has just been expanded by 44,000 square feet, and owns another facility on 11th Street in the southwestern part of the city, has recently shelved plans to expand its 11th Street facility by an additional 50,000 square feet. StorageMart operates 63 self storage facilities in Canada and is known for its aggressive expansion strategy, however, analyses done by the company indicates that the market is becoming over saturated. As reported by Cris Burnam, the company’s president,“This market just cannot bear the massive increase in supply that is coming.” Aaron Facca, the Saskatchewan regional manager for StorageMart, adds that there is probably going to be a glut in storage units for the foreseeable future.

Listed below is a snapshot of the self storage developments that are likely gearing up to enter the Saskatoon marketplace: • Shield Self Storage is a modular building concept that is a collaboration of Brett Wilson and 3twenty solutions. The plan is to develop self storage space in increments of 6,400 square feet using their modular building technology. This technology allows them to bring 960 square feet online per week. The initial development plan is to build 60,000 square feet of self storage with 400 RV stalls.

• BRITEBOX, formerly Handyman Self Storage, is planning to add 13,000 square feet in the next three months, and the potential of an additional 50,000 square feet within the next few years between their two properties.

• Stor All Mini Storage is building out portables onsite, totaling an additional 8,000 square feet.

• Additional new self storage facilities in Saskatoon include a 70,000 square foot facility located on Marquis Drive.

Self storage consumers will benefit from falling rental rates, while self storage investors should expect slower occupancy climb for new developments as the market becomes more saturated.

StorageMart strives to identify non-profit organizations to work with as partners in each market the company calls home. With the help of Charity Storage, an industry wide giving program, StorageMart assists in the mission of Skate to Great, the American Red Cross, Big Brothers Big Sisters, Habitat for Humanity, local animal shelters, women’s shelters, food banks and child foster care and adoption programs.

Founded in 1999 and headquartered in Columbia, Missouri, StorageMart owns and operates more than 165 full-service self storage facilities throughout the United States and Canada. storage-mart.com

2015-11-05 4:20 PM

Paul Sipos

11302559_4515

57

Commercial Real Estate & Business Opportunities

GROUP

Licensed Full-Time since 1986

Sales Representative

Email: psipos1@cogeco.ca

®

SUTTON GROUP SKYWAY REALTY INC., BROKERAGE

www.paulsipos.com

905.646.9001

ASSISTED HOUSING/RETIREMENT RESIDENCE 36 ROSEMOUNT AVENUE, PORT COLBORNE - ASKING $1,450,000

Contact Paul for details and purchasing options. Check out my website for further information at www.paulsipos.com 4515_DJW_0084

Superb opportunity to own this unqiue Retirement/ Assisted housing facility. This 22 (private and semi private suites - 28 beds) boasts 17 contained ensuite bathrooms.

Complimented with a larger dining room and kitchen facility. This dynamic property is well maintained and located on approximately 1 acre of land and within a short walk to the shores of Lake Erie.

Owned by one of Niagara's premier assisted housing companies. Turnkey operation.

INCREDIBLE COMMERCIAL OPPORTUNITY (SELLER RELOCATING TO LARGER FACILITY)

215 BROADWAY AVENUE WELLAND - ASKING $219,000

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

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.

Member of the “National Commercial Council of the Canadian Real Estate Association”, and “Commercial Council of Niagara”.

ASSISTED HOUSING/RETIREMENT RESIDENCE 803 KING STREET, PORT COLBORNE - ASKING $1,300,000

Contact Paul for details and purchasing options. Check out my website for further information at www.paulsipos.com 4515_DJW_0085

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

This 27 bed facility boasts a variety of private and semi-private suites (some units with ensuite bathrooms). Kitchen, laundry and spacious dining facilities.

Boasting a large detached garage with ample storage and maintenance warehouse.

Strategically located near the downtown and next to the sights of the Welland Canal. Large exterior deck. Turnkey operation with purchasing options.

17 CLARK ST., PORT COLBORNE $24,700 Great area for this vacant lot!

Close to the canal and next to residential dwellings.

VACANT LOT Contact Paul for details and purchasing options.

Check out my website for further information at www.paulsipos.com

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

4515_DJW_3_0077

281 WELLAND ST., PORT COLBORNE $28,500

4515_DJW_2_0112

RARE FIND AND ONE OF THE BEST VACANT LOT COMMERCIAL AREAS IN ST. CATHARINES - OFFERED AT $284,900

Great location for this large lot.

Zoned highway commercial. Many uses.

OPEN TO OFFERS

VACANT LOT Contact Paul for details and purchasing options.

Check out my website for further information at www.paulsipos.com 4515_DJW_1_0113

Contact Paul Sipos @ psipos1@cogeco.ca

Feel free to contact me with any questions and for a list of uses at psipos1@cogeco.ca and check my website 4515_DJW_1_0114

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.

358 1/2 CARLTON AVENUE, ST CATHARINES SUPER 4 PLEX (EXCELLENT AREA) $314,900 This 4 unit is located close to shopping, bus routes, aquatic center and library in north St. Catharines. Ample paved parking and very easy to view. 4 separate hydro meters.

Niagara Peninsula

Volume 15 Issue 11

Call Paul for a financial package and check out details on my website at www.paulsipos.com 4515_DJW_0083

Please say you saw it in The Commercial Investor

COM_4515.indd 57

2015-11-05 4:20 PM

58

Volume 15 Issue 11

Commercial Real Estate & Business Opportunities

DTZ Barnicke Niagara Limited, Real Estate Brokerage 4056 Dorchester Rd. Niagara Falls, ON L2E 6M9

w w w. d t z c a n a d a . c o m

KINGS COURT ESTATE WINERY

8485 MONTROSE ROAD, NIAGARA FALLS

2083 Seventh Street. St. Catharines situated on 29.45 acres Fully operational and licensed, award winning winery. 9500 sq ft. manufacturing facility. Grigio, Pinot Nor, Videl and more.

OFFERED AT $1,700,00 Contact: Ralph Roselli, Sales Representative Ralph.roselli@dtzbarnicke.com

24,300 sq. ft. warehouse and 7145 sq. ft office. Excellent Q.E.W. exposure. 24' vertical clearance and 3T bridge crane. Warehouse has 4 shipping doors and 1 drive through door with side loading ramp.

Zoned PI - Presitige industrial OFFERED AT $2,590,000 Conact: Taylor Wilson, Broker of Record Taylor.wilson@dtzbarnicke.com

42-66 COMMERCE PLACE, ST. CATHARINES

CAISTORVILLE GOLF CLUB

4515_DJW_0045

4515_DJW_0046

4515_DJW_0047

4515_DJW_0044

905-354-7413

Mini storage facility known as Westend Self Storage.

Situated on a 6 acre property with 1.6 acres available for future development. 14 steel framed buildings consisiting of 474 units Offered at $7,900,000 Contact: Ralph Roselli, Sales Representative ralph.roselli@dtzbarnicke.com

1117 CONCESSION ROAD, FORT ERIE

Niagara Peninsula

Residential urban development land. 9.34 acres with municipal services at the Northern property boundary. Proposed density of 51 singles and 20 condo units.

OFFERED AT: $2,395,000 Contact: Todd Crawford, Broker Todd.crawford@dtzbarnicke.com

105-115 ST. PAUL STREET ST. ST. CATHARINES

4515_DJW_0050

4515_DJW_0049

4515_DJW_0048

1832 DECEW ROAD, THOROLD

1129 Caistorville Road, Caistor Centre, Ontario 98.66 acre, 18 hole golf course Fully licensed clubhouse with panoramic views from the patio Licensed to serve 244 patrons OFFERED AT $1,495,000 Contact: Mark Stevens, Sales Representative mark.stevens@dtzbarnicke.com

3,500 sq. ft. 1-storey commercial building.

3 Phase. 200 amp. 240 volt. 0.357 acres of vacant development land. Close proximity to Garrison Road and many national retail chains.

OFFERED AT: $899,000 Contact: Mike Halliday, Sales Representative Mike.halliday@dtzbarnicke.com

Mixed use commercial/residential property situated in the heart of Downtown. Established turnkey pub, leased takeout restaurant and 9 apartments fully leased.

OFFERED AT: $1,888,000 Contact: Greg Chew, Sales Representative Greg.chew@dtzbarnicke.com

BROKERAGE APPRAISALS MANAGEMENT

Connected Globally. Focused Locally.

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Volume 15 Issue 11

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_4515 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES 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

Build your dream home on this one of a kind dream lot!!

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

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

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

6 Acres of residential development land in Jordan Station.

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

SPECIALIZING IN FARMS, AGRICULTURE, GREENHOUSES, ETC.. IN THE NIAGARA REGION!

RE PR DU ICE CE D

GREAT INVESTMENT/DEVELOPMENT LAND

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Business/Industrial Park. Close to all amenities, QEW, USA Border, airport and GTA. This vacant industrial land offers great potential being zoned prestige and light industrial. See listing agent for additional details. EVO Phase One available plus survey. Lot frontage on Townline is 266 feet assembling more or less 28.8 acres. Can be subdivided. At $138,888 per acre this is the least expensive and largest parcel available for development in this industrial park. Already established companies like Purolator, the new federal building, Clares Harley Davidson, Can-Pick Cranes, the New Huskys and the DOT to mention a few.

RICHARD M. OSWALD

Niagara Peninsula

Last large parcel of prime development/investment land in the Niagara-On-The-Lake

Sales Representative e: roswald@homesniagara.com | c: 905.380.4667 b: 905.357.3000 | f: 905.356.5602 | tf: 1.888.216.4440

Niagara Real Estate Centre Inc., BROKERAGE

INDEPENDENTLY OWNED & OPERATED

3770 Montrose Road, Unit 1B Niagara Falls, Ontario L2H 3K3

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Commercial Real Estate & Business Opportunities

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

Tony Tripodi Broker

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

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INDUSTRIAL * COMMERCIAL * INVESTMENT

WANTED

THOROLD 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 Region – Apartment buildings Minimum 12 units and to 100 units. Out of the country qualified buyer. Fast closing, if necessary.

For confidential information please call Tony Tripodi, Broker Direct line 905 323 7064.

Cell 289 241 6954 Email: tripodi@sympatico.ca

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NEW

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.

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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.

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inthenews

ONTARIO HELPING SMALL BUSINESSES SAVE ENERGY

M

inister Chiarelli released Helping Small Businesses Save Energy, a guide on new Ontario programs and services that will help reduce costs for businesses. The plan will:

• Promote use of local energy managers, which help small business owners find savings, reduce burden of paperwork.

history, creating a dynamic, innovative environment where business thrives and building a secure retirement savings plan.

QUICK FACTS Ontario’s almost 400,000 small and medium-sized businesses make up over 99 per cent of businesses in the province.

Niagara Peninsula

• Better market business conservation programs, which will ensure small business owners have access to the necessary information about government programs to help them save.

The saveONenergy for Business electricity conservation program, made available through electric utilities with the support of the Independent Electricity System Operator, helps small businesses with costs of installing energy-efficient equipment and improving energy efficiency of their buildings.

• Enhance business conservation programs to ensure simplicity of application, increased benefits and rebates, and increased contractor engagement and training.

2011 - 2014, more than 81,000 projects completed by Ontario small businesses who participated in the saveONenergy Small Business Lighting program, saving over 600 GWh.

• Work to make on-bill financing widely available, which helps small business owners finance the upfront costs of significant energy conservation projects.

Ontario’s two largest natural gas utilities, Union Gas and Enbridge Gas Distribution, offer small business customers financial incentives and services to improve energy efficiency of their buildings and make the most of the energy they consume.

• Provide an additional six years of stable funding for conservation programs.

Helping small and medium sized businesses succeed and thrive is part of the government’s plan to build Ontario up. The plan includes investing in people’s talents and skills, making the largest investment in public infrastructure in Ontario’s

Ontario’s Conservation First Framework is expected to achieve 7 TWh of savings and help the province meet its long-term conservation target of 30 TWh in 2032.

Additional resources can be found on the provincial website: ontario.ca.

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 11

Business Investor

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Volume 15 Issue 11

63

Commercial Real Estate & Business Opportunities

Mortgages

article series from Pro Funds Mortgages

#12051

Utilize Private Funds In Your Real Estate Today!

Since private money can fund quickly, why not use this funding source to negotiate a better deal for a quick closing, and offset the additional interest rates? I personally am self-employed and I am an avid real estate investor who uses this technique all the time. I pay the going rates and still have a great success from real estate!

Example of how using private money worked for one of our clients: Purchased a power of sale vacant property: $550,000 Used private funding to close Used private funding for a renovation loan Renovated and leased the vacant space Appraised the property after the work was completed: New value $1,100,000 Refinanced with the bank Removed private money: now they have a beautiful property that is cash flowing and their initial investment has been returned!

Please note, first mortgage rates for a private loan average from 7-10% annually, second mortgage rates average from 10-15% annually. We can obtain up to 90% of the value of the property on approved credit. On average this is on higher side, however has been funded. Lender fee and broker fee will also apply.

Private money will fund land, gas stations, vacant properties, distressed properties, construction, and development amongst many others. If you are looking to buy a property and are hitting a wall with your funding, contact info@profunds.ca or reach us toll free at 1-888-330-3866 and we can perform an assessment on your deal today!

Carmen Campagnaro

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Pro Funds Mortgages • 1.888.330.3866 • info@profunds.ca • 3390 South Service Rd. Suite #201, Burlington ON L7N 3J5

Business Investor

President Pro Funds Mortgages Inc.

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Volume 15 Issue 11

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.

MANUFACTURER & DISTRIBUTOR POOL & SPA EQUIPMENT

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.

The Company sells on a wholesale basis, targeting pool and hot tub dealers. The Company serves 600 active customers employing 7 FT including owners and generates revenues in the $2.5 M range and earnings in the $300 K range.

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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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 13G COM

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A

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I

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O

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Mazhar Roshan Sales Representative

Direct

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

BROKERAGE

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

Call for details.

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905.929.9800

HomeLife Results Realty Inc.

GUELPH LINE, BURLINGTON - $89,900

SALVAGE & WRECKING YARD - $990,000

Long established Thai restaurant in the heart of Burlington doing over 22K p/m. Good for family business. For more 4515_DJW_1_0032 details call LBO

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 4515_DJW_1_0042 4515_DJW_2_0041 storage or any other related use. Over 3 acres with MD zoning, call LBO for details.

EAST HAMILTON

BURLINGTON - $79,900

Long established. 30 years in business. Great location. No other competition in the area. Doing approx. $35,000 in monthly 4515_DJW_0016 4515_DJW_1_0018 sales. Call for more information.

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. 4515_DJW_1_0021

FORT ERIE - $119,900

BURLINGTON - $119,900

HAMILTON - $79,900

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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D

SOL In the Heart of Burlington, plaza location fully equipped pizza parlour, doing over 200K per year. Good for family operation.

4515_DJW_1_0020 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. 4515_DJW_1_0008

HAMILTON $18.00 SF

BUSINESS FOR SALE - $199,900

FO R

LE

AS

E

PRIME LOCATION - $1,099,000

d

se a e l

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 4515_DJW_1_0022 rooms est TMI is $10 PSF.

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.

4515_DJW_1_0007

PLAZA FOR SALE - $1,485,000

DOWNTOWN - HAMILTON $1,500,000

MOTEL FOR SALE - $579,000

REDUCED $800,000

Rare find Commercial Plaza with anchor tenant. Net income is 104K, offered at 7% cap rate.

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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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R

BY ED $5 UCE 0, D 00 0

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 4515_DJW_1_0084 due diligence.

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.

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Don Rankin Broker

905-575-5478 donrankin@remaxescarpment.com

POWER OF SALE 8468583_4515

n

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R $1 EDU 79 CE ,9 D 00

Training Center with over 300 stalls, 1/2 mile track, paddocks, and walker. Located in Campbellville just minutes from the 401 and Mohawk race track or a short drive to Flamborough downs, this property has tremendous upside potential to a good manager operator! Once one of the premiere farms in the area, poor management has forced this sale. A great location, superb facilities, high income potential makes this opportunity a real money maker for the right operator. Asking $1,799,000. Call Don.

Ontarioâ&#x20AC;&#x2122;s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate

FOR ADVERTISING CALL

DOREEN WILLS 905.570.9283 â&#x20AC;˘ 1.800.268.0077 Doreen.Wills@ypnexthome.ca 15G COM

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VEN O R P H T I W IONS T A C O L E M I EPTS PR C N O C E S I FRANCH

S E I T I N U T R O P OP .

W O N E L B A L I AVA

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ODAY. OUP INC. T R G N IA om ID BS iangroupinc.c id s b CONTACT O o t@ n e m 952 develop 1-877-272-2

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Across from Appleby GO Station Excellent highway access, high traffic location office - 1169 sq ft, warehouse - 1278 sq. ft., 18.5â&#x20AC;&#x2122; ceilings, full sprinkler system.

BURLINGTON...

13-5115 HARVESTER RD.

O F F I C E - WA R E H O U S E S PAC E 4515_DJW_0004

Donald Plouffe, Broker of Record

Marc Plouffe, Associate Broker

905.632.5940 Real Estate Brokerage

w w w.p louffehom es.ca

11257991_4515

Donald Plouffe Ltd

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

??

519-418-4663 OFFICE

Brady Werth KEMPSTON & WERTH REALTY LTD.

519-291-7769

2115-DJW-0001

SALES REPRESENTATIVE

CELL

Great opportunity for long term investment. Licenced lodging home with the City of Hamilton. Located in Hamilton's East end. Very busy area located by Queenston traffic circle. 10 fully occupied lodging rooms. $60,120 N.O.I. and 9.25% CAP rate.

Newly painted and updated electrical work inside and newly paved parking lot. Tenants are long term, very low turn around.

Generate a second annual income with very little work. Third party appraisal conducted this past year in August. Zoned for mixed use with the City of Hamilton. Front of building can be renovated to accommodate variety store, pizza shop, etc.

Escarpment Realty Inc., Brokerage

JOSEPH GRGURIC Sales Representative

NEW PRICE $525,000

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

4 commercial ground level units w/forced air gas furnaces & air conditioning. The building is complete w/security camera system, fully updated building fire monitoring system, new coin laundry on site. Ample parking at the rear of the property. 10.71% cap rate & fully occupied.

Rubber membrane flat roof replaced 2013.

Call Joseph Grguric with Re/Max Escarpment Realty Inc. For more information and to book a tour. joeg@rmxemail.com | www.HamiltonHomesJoeG.com Direct: 905-741-5013

Office: 905-573-1188

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

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

Reserve your space today! 1-800-268-0077 18G COM

THE COMMERCIAL INVESTOR SPOTLIGHT

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SPOTLIGHT SECTION Royal LePage Triland Realty, Brokerage

Randy Hanke or Jamie Hanke Sales Representatives

Independently Owned and Operated

www.royallepagecommecial.com

11232566_4515

Bus.

519-672-9881

rhanke@royallepage.ca | jhanke@royallepage.ca

4515_DJW_0011

FOR SALE - INVESTMENT PROPERTY & DEVELOPMENT LAND - LONDON, ON 4515_DJW_0010

Building 1 - Approx. 12,635 sq. ft.

Building 2 - Approx. 7,212 sq. ft.

FOR SALE

Total Approx. - 19,847 sq. ft.

High Profile S/W Location INVESTMENT PROPERTY & DEVELOPMENT LAND Land - 9.56 acres (383.58' frontage) Lease - Owner will lease back buildings long term Zoning - R.S.C.2 and U.R.4

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$3,900,000

Tina Ciraolo + Raj Solanki Sales Representatives

$3800/MONTH + UTIL. WHOLE BUILDING

905-577-7700

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 4 parking spots, 2 entrances, lots of built-in storage.

Available immediately. See virtual tour at www.venturehomes.ca 4115_DJW_0003 4115_DJW_0004

519-685-2929

www.GARDNERAUCTIONS.COM Fax: 519-685-9817

4515_DJW_0065

Bids close Thursday November 26th at 4pm Pictures & Details at www.Gardnerauctions.com

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POWER OF SALE - FOR SALE BY SEALED BID

14 10th Street, Earlton, Ontario.

Commercial row building outfitted as a bowling alley with all equipment plus an upper apartment.

For sale under Power of sale by sealed bid.

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

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

Reserve your space today! 1-800-268-0077 COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE! COMM_GLOSS_4515.indd 19

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legallyspeaking

Surviving closing

By Jayson Schwarz

I

t is rare that a commercial property transaction ever closes without some – or many – issues arising to stand in the way of business. Even the most seasoned veterans tell tales of surprises, problems and frustration. Here are some tips and tricks to help you anticipate and avoid some of those problems, save you time, money and frustration.

The deposit Many problems occur around control of the deposit moneys. In most cases a Realtor will maintain the deposit funds in his or her trust account, with clear conditions in the Contract of Purchase and Sale outlining when and how such moneys may be retained by the seller or refunded to the buyer.

The lawyer’s insight: The Realtor will almost never release the funds without the consent of both parties, no matter what the contract says, and no matter how obvious it is as to who is right or wrong. The Realtor will be afraid of making a mistake and getting sued and so takes the position of an innocent holder.

In order to get the funds released, you will need to have your lawyer sue the other party, and the Realtor and the Realtor will then pay the money into court and be out of the lawsuit.

The lawyer’s insight: A survey is valuable for both the buyer and the seller, because it can help avoid future lawsuits where encroachments, illegal structures are on the property, boundaries come into question, easements appear or other problems are discovered. The buyer wants to make sure that he gets what he’s paying for, while the seller wants to make sure that once the property is sold, the buyer will have no remedy or complaints after the sale. If the parties cannot agree on who should pay for the survey, it is recommended that you just split the cost rather than avoiding it altogether. The cost of litigation to resolve such disputes will likely eclipse the cost of the survey, so think of it as a proactive measure. Lawyers know how to look at surveys and we can determine whether problems are there and how to correct them in the fastest and most inexpensive way.

The agreement Many commercial real estate agents rely on standard form agreements that have been produced by their local or provincial boards. This often leads to difficulties as it fails to address the particularities of a given situation.

The lawyer’s insight: Have a lawyer draft your agreement in a commercial situation.

As an example we would generally add pages to the agreement used by the agents to buy a business. A commercial land purchase agreement could be 20 pages long.

Avoid the issues by doing it properly at the beginning.

The above presents but a few examples highlighting the importance of having a solicitor involved in your transaction from the beginning. The costs involved in having a lawyer represent you are well worth it and will save you time and expense in the long run.

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

What am I really buying?

Sometimes an up-to-date survey is not available for the land, and so the parties must either pay to have one created, accept Title Insurance or have a war over what the purchaser thought he was selling and buyer thinks she is buying.

Problems arise where the parties decide to use an old survey that does not show all current boundaries and structures or do without a survey.

Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. 20G COM

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Asking: $3.75 Million

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A Division of Centuryemail: 21 Regal Realty Inc. Brokerage. 1332 Queen Street West, Toronto, ON, M6K 1L4 irect: 416-707-6563 Office: 416-849-5360 info@omgrealestate.ca www.omgrealestate.ca Direct: 416-707-6563 Office: 416-849-5360 email: info@omgrealestate.ca A Division of Century 21Direct: Regal Realty Inc. Brokerage.

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POPULAR SUB FRANCHISE

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NO

Commercial Team In Canada! *

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+ **

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

EXCELLENT MARKHAM INVESTMENT

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PRIME MARKHAM CORNER W/ COMM & RES ZONING

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INCOME PRODUCING PROPERTY

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YONGE/SHEPPARD COMM. UNIT VE SI U CL

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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 coming! 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

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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Vacant lot at Vicotria 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.

Be your own boss! Easy to operate established business. Densely populated, high traffic area! Low rent with no francise fees & no restrictions! $168,800. Call Peter: 416-606-7882.

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.

4515_DJW_1_0118 MEDICAL CENTRE LEASE SPACE - MAIN/DANFORTH

PLAZAS PLAZAS PLAZAS PRINCIPALS ONLY

ATTENTION INVESTORS! 21%+ ANNUAL RETURNS!

KINGSTON RD INCOME PROPERTY

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.

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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 60 K in leaseholds at no cost! Walk to Subway! $12.95/SF Net.

ATTENTION BUILDERS!

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

RESTAURANT KENNEDY/EGLINTON

KINGSTON RD RETAIL SPACE

• $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

11286152_4115

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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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