Commercial Investor - 05 Dec., 2015 by NextHome

Dec 5, 2015 - Jan 30, 2016, Volume 15 Issue 12

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

1-888-751-2229

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

BURLINGTON VACANT LAND FOR SALE - $599,997

INVESTMENT SALE

Build your dream home in Burlington. Over 7 acres with highway visibility. Residential zoning. Call for a listing information package.

5,000 Sq.Ft Freestanding Building, Burlington Net Income: $84,000

Contact: Meltem “Mel” Koseleci, Sales Representative Coldwell Banker Pinnacle Real Estate Brokerage 905-308-4635 Email: meltem@meltemkoseleci.com

4515_DJW_0005

FREE SUBSCRIPTION!

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CONTACT: WILLIAM DEJONG, BROKER OF RECORD Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage 1155 North Service Rd. W. Suite 7 Oakville, ON L6M 3E3 (289) 291-5068 Email: wdejong@cbci.ca 4915_DJW_0043

FC_4915 (COM)

Tel: 905-574-3038

FOR MARKETING BROCHURE CALL: Winston Davies, Broker of Record

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

2015-12-01 3:06 PM

HomeLife Bayview Realty Inc., Brokerage

Office: Cell: Fax: Email

Rita Mollicone, B.A.

Residential, Commercial and Investments Sales Representative

COMMERCIAL/RESIDENTIAL

• Immediate sale necessary • $100K reduction • Approx. 2300 sq. ft. commercial on main floor • 3 - 2 bed. apartments • Double garage • Renovated • $1.599M 4915_DJW_1_0038

GAS STATION

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

SHOPPERS DRUG MART

• Esso and Truck Stop • 3 acres on Highway 115 just north of Clarindon • Recent expansion & updated tanks, pumps, convenience store, etc. • Highway connection to extended Hwy 407 • $1.69M

4915_DJW_1_0081

4915_DJW_2_0063

OAKVILLE ACRAGE

10 ACRES OAKVILLE

• 50 acres residential & 10 acres commercial • Located near major routes • Much development in the area • $59M & $20M

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

FRANCHISEE WANTED

• On a busy Highway • Great exposure • Food court -- beautifully renovated • All AAA tenants

“Making Real Estate Work For You!”

Holly Illman, MBA Brokerage

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

M 5 m

GAS STATION

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

Twin City Realty Inc.

• • • •

• Carefree investment - Windsor • Leased to 2021 -- Net rent in 2016 $250K • 19,150 sq. ft. detached building + basement • 3 road frontages • $3.395M

Sales Representative

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

205 KING GEORGE RD, BRANTFORD

• • • •

D 5 d

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

• • •

• Exclusive 4115_DJW_2_0085

To 5 to

70 MILL ST, WOODSTOCK • Development Land

E SAL NG DI PEN

Call for details. Exclusive.

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 Urban Mixed Use Conversion Guelph, ON

• • • •

Marquee corner in downtown Guelph Fully leased ground floor Elevator, modern HVAC/electrical Asking $3,300,000

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

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

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

Commercial Development Land London, ON

• • • •

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

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

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

Multi-Tenant Building For Sale Kitchener, ON

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

• • • •

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

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

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

Industrial Development Land Woodstock, ON

• • • •

Medical Office Campus, Shoppers Drug Mart Windsor, ON

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

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

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

± 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

• 5 buildings totaling 219,741 SF, 14.3 acres • SDM comprises 50% of the existing in-place rental income • Tenants: CIBC, ListenUP!, 60 Medical Providers

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

• • • •

Future Development Land Cambridge, ON

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

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

Freestanding Industrial building St. Jacobs, ON

High Exposure Commercial Development Land Morriston, ON

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

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

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

11284449_4915

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

Medical Office Building London, ON

• • • •

22,019 sq. ft. on 1.114 acres Across from LHSC Victoria Hospital 97% leased with surplus parking Asking $4,500,000

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

* Sales Representative ** Broker

www.cbre.ca

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

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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, Warehousing, Wholesale, Service and Repair Establishments and more

LAKEFRONT FARMLAND

Taxes $11,538.95 (2015)

42917 Dexter Line - Central Elgin, ON 201 Acres of Prime income producting farmland David Jongerden Sales Representative Future development potential Extension #242 Close to Port Stanley beach with lakefront property 127 Acres - Farm Land Leased Philip Cassis 74 Acres - Forested land used for Broker maple syrup production Extension #231 Bell / Telus Tower - Leased Farmhouse / Outbuildings (owner occupied)

Daily Traffic Count of approximately 26,000 vehicles per day Excellent exposure to Veterans Memorial Parkway Convenient highway access to the 401 Brent Rudell

Andrew Johnson

Extension #236

Extension #230

Broker of Record

$1,000,000.00

$2,300,000.00

FOR SALE

TWO BUILDING SITE

FOR SALE

Tyler Desjardine Sales Representative

Extension #232

$1,995,000.00

FOR SALE

COMMERCIAL OPPORTUNITY

50 Charterhouse Crescent - London, 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

Sales Representative

679 Dundas Street - London, ON

3,000 plus square feet Open concept layout 16 feet high ceilings Finished offices, lunchroom and basement Lot Size 66 x 152 Zoned BDC (17) Ample on-site parking

Jameson Lake

Sales Representative

Extension #240 Gary Pollock

$475,000.00

St. Thomas, ON

Sales Representative

Extension #242 Philip Cassis Broker

Extension #231

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

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

Broker

Fully leased commercial plaza, an owner operated laundry mat - complete with all chattels and equipment 4,350 square feet of self storage units - good occupancy levels Multi-unit residential 8 plex (8-1 bedroom apartments) A side split duplex Tremendous return with a strong income stream and ability to build more residential units 10 Cap valuation 3 parcel to be

David Jongerden

Sarnia, ON Six farms are available for sale in the Sarnia area

Kenn Poore

Extension #222

3 NEIGHBOURING PROPERTIES

$875,000.00

SIX FARMS AVAILABLE

sold together

Broker

Extension #224

Contact Agent FOR LEASE

FREE STANDING MULTI-UNIT BLDG.

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

Tyler Desjardine

Extension #222

Extension #232

Broker

Sales Representative

www.dtzlondon.com

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HAMILTON ON

NIAGARA U PO PSID TE NT E IAL !

E SID UP TURN

• Asking $1,699,000

• 3 x Bachelor

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

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

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

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

• Brick Balconies

T EN n LL CE ctio EX stru n Co

EA TS MI UIT X E

• Asking $5,075,000 • Asking $89,035 per Suite • Near City of Niagara Falls Municipal Offices and

• Parking Lot Being

• Asking $78,958 per Suite

34 x Two Bedrooms

• Short Drive to University

• Walking Distance to Via

to Arrange Own Financing

• Tidy 12 Plex with On-Site

1 x Three Bedrooms

Yonge St.

for More Than 25 Years

• Owner will Deliver Vacant Possession

• Very Well Maintained • Double Garage Parking Plus Surface Spaces • Excellent for Family Use

Walking Distance

or Investment • Treat Financing as Clear

3 SUITES

to Coincide with Maturing

• 2 x One Bedrooms

Superintendant

• Good Size Apartment

• Located in a Quiet

Units

Residential

• Located in Proximity to

Neighbourhood • Electric Baseboard Heating System • Nice Size Lot 133 Feet x 137 Feet with Ample Paved Parking Area

• 25.7% R.O.I. • Treat Clear. Purchaser to Arrange

12 SUITES

5.433% Due August 2017 (CMHC insured) to be Assumed

1st Mtg

E d AL SC hoo UP bour h eig

• Excellent Tenant Profile

9 x Two Bedrooms

• Most Amenities within

• Attractive Low Rate VTB

Parks

• Asking $99,000 per Suite

• Short Walk to Subway and

• Ex. 1st Mortgage of Approx. $890,000 at

Maintained Property

Shopping, Schools and

• Asking $1,890,000

• Spacious Units

• Owned by Same Family

• Clean and Well

• Asking $2,850,000 • Asking $570, 000 per Suite • Located in Toronto Community Known as “The Beaches” • Four of the Five Suites are Well Over 1,000 Square Feet

• 3 x Two Bedrooms

• Rare Opportunity in Village

• 15.0% R.O.I.

TORONTO

• Asking $1,695,000 Desireable Davisville

Fanshawe College • Four Storey Walk-Up

24 SUITES

TR E CL AT A EA S R

7% 25. .I. R.O

20 x Two Bedrooms • 5.1% CAP Rate

BELLEVILLE YO EG NGE LIN & TO N

3 x One Bedrooms

of Western Ontario and

57 SUITES

TORONTO

GO ON OD TU UPS RN IDE OV ER

• 1 x Bachelor

22 x One Bedrooms

• Treat as Clear. Purchaser

Resurfaced by Owner

NT ! S CE RE ADE R G UP

• Asking $1,895,000

• 1 x Bachelor

Located in Downtown Area Rail Station • Built and Owned in 1983 by the Same Family • Well Constructed • 4 Units Being Fully Concrete Building Renovated • 5.7% CAP Rate • New Elevator Being • 13.9% R.O.I Installed by Owner

21 SUITES

IME PR TION CA O L

LONDON

• Property is Full of

LU X LA URIO RG E A US & PT S

• 2 x Two Bedrooms 3 x Three Bedrooms • Potential Upside on Some Rents on the Turnover • Suite Upgrades Include Some New Kitchens, Flooring and Bathrooms • 4.0% CAP Rate

Character and Very Appealing to Tenants

• Treat Financing as Clear

5 SUITES

8172756_4915

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John R. Whittaker

COLDWELL BANKER INTEGRITY REAL ESTATE SERVICES LTD, BROKERAGE

Sr. VP., Broker, B.Comm MCRh SLCR

D: 289-291-5074 / T: 905-338-8877 Ext: 5074 / C: 905-867-1033

jwhittaker@cbci.ca

ASKING $1,200,000 WOODSTOCK

ASKING $3,995,000

5,000 sq ft Industrial on 10 acres, M3 outside storage, trucking/commercial uses, across from Toyota Mfg & 5 minutes to Hwy 401/403. Asking $1,195,000.

4915_DJW_0015

4915_DJW_0014

WOODSTOCK

11303308_4915

115,000 sq ft Industral on 17.72 acres, M3 outside storage, CN rail onsite, heavy power. 5 minutes to Hwy 401/403. Asking $3,695,000.

ASKING(BRANTFORD) $975,000 PRINCETON

4915_DJW_0017

4915_DJW_0016

ASKING $995,000 WOODSTOCK

12,662 sq ft Industrial on .89 acre, M2, allows mfg/fabrication/truck repair, new oversized drive in doors, 7 ton crane. Asking $995,000.

11,640 sq ft Industrial on 1.79 acres at Hwy 403 interchange, fenced yard, M3, outside storage, trucking/mfg/whse, possible VTB, low taxes. Asking $975,000.

FOR MORE INFORMATION PLEASE CONTACT JOHN WHITTAKER, BROKER

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 to 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. Gross Rent Monthly â€“ $5,300 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_4915

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

8372 SIDEROAD 30, FERGUS

4515_DJW_2_0015

• 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

• Land & Building only • Call Ryan Briggs

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

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

1165 FRANKLIN ST. CAMBRIDGE

$11.95/SF

• 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:

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

#2 - 490 WEBER ST N, WATERLOO

• 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

55 DELHI ST, GUELPH

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

• CAM $5.27 s/f • Call Chris McFarlane

4515_DJW_4_0032

$849,900

4515_DJW_0028

28 WEBER ST W, KITCHENER

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

4515_DJW_3_0058

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

735 WOOLWICH ST, GUELPH Lease from $16/SF

4515_DJW_1_0053

4515_DJW_1_0030

4515_DJW_3_0029

$12.00/SF

• 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

$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

300 SHEPPARD AVE. CAMBRIDGE

• 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

$549,900

4515_DJW_2_0057

4515_DJW_2_0029

87 WEBSTER ST, NEW HAMBURG

• 4,600 sf showroom with work and office space. • Excellent parking and terrific visibility. • Lease rate includes CAM just pay utilities. • Sublease to March 31st, 2018 or longer term with

$14.35/SF GROSS landlord's approval. • Convenient for Highway 85 access • Call Duncan McLean

RYAN BRIGGS

DUNCAN MCLEAN

CHRIS McFARLANE

PAUL GOULET

Sales Representative

519.498.5775

Ryan@cmarealty.ca

CELL:

519.590.7997

Duncan@cmarealty.ca

CELL:

519.588.6683

Chris@cmarealty.ca

CELL:

11280798_4915

$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

49 CONESTOGA COLLEGE BLVD, KITCHENER

4515_DJW_1_6666

$4M

INDUSTRIAL, ST THOMAS

519.878.0223

p.goulet@bellnet.ca 7G

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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

26,613 sq. ft. medical office space Excellent healthcare services tenant mix Close to Chatham/Kent General Hospital Asking $3,100,000 ($116 psf)

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

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

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

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

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

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

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

Commercial Development Land London, ON

• • • •

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

Chatham, 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

Chatham Professional Building

11276500_4915

• • • •

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

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n”) the ket ghts

Garden City Realty Inc., Brokerage

11301409_4915

Independently Owned & Operated

Paul J. Szostak

“WE PRODUCE RESULTS”

Free CMA Evaluation with this cut out ad

192 MARY ST. BRANTFORD

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

stakteam@gmail.com

905-333-3500

WILSON STREET, ANCASTER Great industrial building in Brantford at Colborne and Park Road. 64,835 square feet, 2 docks, 1 drive-in door, office area. Fantastic parking and truck access from main access to major highways. MLS H3148858.

$2,995,000

$2,188,000

Approximately 5,600 square feet high density corner location. Double driveway. Located in heart of business area in Ancaster/Hamilton across from Smart Centre and future development site. MLS H3148856 BUY, HOLD INVESTMENT FOR FUTURE DEVELOPMENT

"INVESTORS DELIGHT!" - $388,888

"BUILDERS DELIGHT" - $65,777

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. H3170478

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! H3169648

LAND FOR SALE - $158,888 - .95 ACRES 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. H3169625 BUILDING LOT OPPORTUNITIES

– Sherbrooke $38,888 - 1609 acres -- H3170098 – Sherbrooke $18,888 - 1.936 acres -- H3170143 – Dunnville $58,888 - 1.09 acres -- H3169647 – Dunnville $65,777 - 1.22 acres corner lot -- H3169751

COM

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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

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

10G COM

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Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

INDEX Kitchener, Waterloo & Guelph

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Maxvi

Commercial Real Estate & Business Opportunities

Volume 15 Issue 12

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Special Features 08 IN THE NEWS — Bank of Canada maintains overnight rate target at 1/2 per cent 18 MARKET MINDED — Making the connection: Subway proximity offers multiple benefits for Downtown Toronto office buildings

p.08

32 MONEY SENSE — TD survey finds more Canadians considering do-it-yourself investment accounts 40 BUSINESS BAROMETER — Small business optimism muted in November 42 TREB REPORT – GTA Realtors report commercial market figures 48 IN THE NEWS — Canada’s economy will increasingly rely on service exports and less on merchandise trade 50 MARKET MINDED — Ottawa’s office and industrial real estate markets telling opposite stories

p. 48

54 IN THE NEWS — New York’s Upper Fifth Avenue World’s most expensive real estate 58 BUSINESS BAROMETER — National job vacancy rate unchanged in Q3 60 MOVING — The business of business-to-business moving GLOSSY SECTION EDITORIAL 12G LEGALLY SPEAKING — I’m cold – I want to buy something in the south! By Jayson Schwarz LL.M & Susan Legge 16G INVESTOR ADVICE — Three mistakes to avoid when investing with friends and family By Andrew la Fleur

p.54 Please say you saw it in The Commercial Investor

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Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

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Commercial Real Estate & Business Opportunities

Volume 15 Issue 12

KITCHENER, WATERLOO & GUELPH

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

KITCHENER, WATERLOO & GUELPH SECTION COVERING: Cambridge Durham Elora

Fergus Guelph Kitchener Waterloo

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NewSectionPages_FullColor2015.indd 2 COM_4915.indd 4

2015-03-19 3:47 PM 2015-12-04 3:13 PM

Volume 15 Issue 12

5 Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

www.teammilovick.com

519-745-7000

Grand Valley Realty

BROKERAGE INDEPENDENTLY OWNED AND OPERATED

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

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

mike@teammilovick.com

fax: 519-489-1333

www.TeamMilovick.com

Invest in Ontario’s Number 1 Town Today!

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

899,900

4915_DJW_0047

465 HAZEL STREET, WATERLOO

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

649,900

4915_DJW_1_0094

• Spacious bedrooms, two car garage for landlord or tenant storage. • MLS® 4915_DJW_2_0004

499,900

489,900

$ 4915_DJW_2_0031

130 ERB STREET WEST, WATERLOO

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

D L O S 422,300

$ 4915_DJW_1_0030

243 CEDARBRAE AVENUE, WATERLOO

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

392,900

• $39,000+ Projected Gross • 4+3 Bedroom Duplex • New Roof (2015)

4915_DJW_1_0054

• 2 level multi unit • Turnkey rental (D-2) • Ideal for entry level investor • Easy walk to both universities on bus route

242,900

214,900

4915_DJW_0024

4915_DJW_1_0010

224 CARTER AVENUE WATERLOO

14 453 ALBERT STREET, WATERLOO

• $18,000+ Potential Annual • Up to 5 students potential Gross Income with rare class D@ city • Tenants Pay Hydro approved license • Entry level freehold • Leased until end of August income property 2016 4915_DJW_0025

4915_DJW_1_0005

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

59 WILLIAM STREET WEST, WATERLOO

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

40 CARDILL CRESCENT, WATERLOO

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

499,900

4915_DJW_1_0029

84-86 REGINA STREET NORTH, WATERLOO

67 CARDILL CRESCENT, WATERLOO

429,900

$ 4915_DJW_2_0007

310 KING STREET NORTH, WATERLOO

• Commercial Development Site • Across from St. Jacob's Farmer's Market • C3 Zoning, 1.96 Acres • MLS®

1,400,000

$ 4915_DJW_3_0006

840 KING STREET NORTH, WOOLWICH

• $48,000+ Annual Gross Income Available! • 9 student city-approved, rental licensed property

• $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®

949,900

396 SOUTHILL DRIVE, KITCHENER

• Easy Walk to WLU, Direct Bus to UW • MLS® 4915_DJW_3_0031

BRIDGEPORT LOFTS WATERLOO

• 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® 4915_DJW_1_0101

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3:47 PM

COM_4915.indd 5

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Commercial Real Estate & Business Opportunities

Volume 15 Issue 12

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 COLDWELL BANKER COMMERCIAL RETAIL INVESTMENT FOR SALE OPPORTUNITY 839 SF· $12.00/SF ·MLS: KW1537515 · Kitchener Waterloo · Impressive, 2nd floor office in well OFFICE/RETAIL FOR SALE/LEASE 20,700 SF· $3,200,000 · MLS: KW1524441 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: 1,586 Gary Boudreau*/ James Boudreau** Kitchener · Fully plaza, exposure to SF · 0.12 Acresrented · $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: expswy, tenants include Short Stop, Wings Up, MLS:1421708, 1421709 · Kitchener · Unique many amenities nearby. Very accessible, Hwy C OPhone: 519‐743‐5211 MMERCIAL/ RESIDENTIAL MIX entrance to the new Carriage · Crossing 1432155/2163 · Waterloo Located upscale at the 85 Profile Lot. a Located Blend Hair Location. Studio Corner to name few. Call for & iXpress seconds away. Colin Vogel* High community. Zoning allows for many uses includ- 1,572 SF· $399,000·MLS: KW 1531391·Waterloo beside farmers market. Great Re-development entrance to new Carriage Crossing upscale com‐ 1,058 SF· $1,000/Mth· MLS:1444266 ·Kitchener details. Lester Tobin* Lester Tobin* ing retail, business, medical office and more. Potential main floor commercial and floor site. space for professional, medical or 2nd office. munity. Zoning allows many uses inc. retail, Great Only 3 units left! End Cap unit w/finished patio! residential in Uptown Many new Ample parking on King. Waterloo. Gary Boudreau* 4,900 SF· 1,450,000 · MLS 1517403· Kitchener 28,100 SF on 3 oors · $2,195,000 · business, medical office and more. Only 2 units SF Divisible· $1,999/ Mth·MLS:1337773 OFFICE/RETAIL FOR SALEKitchener OFFICE/RETAIL FOR LEASE John Hoffman*/Gary Boudreau* 920 Freestanding, Renovated, upgrades. Lester Tobin* Exceptional Exclusive · property. Retail/Office Space. Central to many Waterloo · Impressive, 2nd floor office in well left! John Hoffman*/Gary Boudreau* new HV/AC installed, very interesting building. 2,786 SF · $32.00/SF Net · MLS:1444530 ini�a�ves and improvements in SITE the Hoffman* downtown 1,049 SF · $19.95/SF· MLS: 1447244· Kitchener known building. Abundance of natural light. 23 parking spaces onsite. John RETAIL OR REDEVELOPMENT 1,772 SF · 2,332 SF · $20/SF Net · MLS: KW1531‐ 1,485 SF- 2,056 SF · $16.00/SF · MLS: Waterloo · High profile location in Waterloo’s 1,586 SF · 0.12 Acres · $979,000 920 SF Divisible· $1,999/ Mth·MLS: KW1337773 24/7 electronic reader board. Free parking with core including the city centre condos & minutes Last unit! Drive-up retail/office unit located in 1432155/163/162 · Waterloo ·Located at the 536/539 · Kitchener · New retail plaza on Huron OFFICE BUILDING FOR· SALE/LEASE University district. Two level retail unit with MLS:1421708, 1421709 Kitchener amenities nearby. Very accessible, Hwy Waterloo · Impressive, 2nd floor office in Hwy well many from SF · $2,095,000 the OR transit · Unique hub. newly developed community, 12,184 · Waterloo on-site parking situated and at base of a student entrance to the new Carriage minutes Crossingfrom upscale Rd. with high traffic exposure. Ample on‐ High Profile Location. Corner$5.50/SF Lot. Located 85 & iXpress seconds away. Colin Vogel* # 401 and Conestoga College. Lester Tobin* known building. Abundance of natural light. Colin Vogel*/ Peter Benninger** community. Zoning allows for many uses includ- apartment building. Lester Tobin* beside MLS 1521512 Well suited office building, high farmers ·market. Great Re-development site drive‐up parking. Lester Tobin* 1,058 SF· $1,000/Mth· MLS:1444266 ·Kitchener 24/7 electronic reader board. Free parking with site. Lester Tobin* ing retail, business, medical office and more. quality finishes throughout, existing furnishings Great space for professional, medical or office. 1,153 SF - 3,853 SF · $24.00 - $30.00/SF 8,500 SF · Main Floor ; 8,500 SF Lower Level ! Only 3amenities units left! End Cap Very unit w/finished patio many nearby. accessible, Hwy 1,500 10,759 SF · $26.00/SF Net are included. James Boudreau** 1,100 SF · $5.50/SF · MLS: 30501890 · Kitchener Ample parking on King. Gary Boudreau* 4,900 SF· 1,450,000 · MLS 1517403· Kitchener MLS: 1437 13/614/608/599/602/595/607/605 $1,250,000 ·Simcoe · Exclusive · Centrally Locat‐ Kitchener · Newlocation. retail plaza on Exceptional John Hoffman*/Gary Boudreau* 85 & iXpress seconds away. Colin Vogel* property. Freestanding, Renovated, Kitchener · New space at Sportsworld Crossing. MLS: High 1512116 Traffic ‐ ·High exposure On‐site corner of Fischer Hallman and Seabrook Dr. ed in the heart of Norfolk County. Poten�al for INDUSTRIAL/WAREHOUSE FOR new HV/AC installed, very interesting building. Join existing retail & restaurant traffic draw. 2,786 SF · $32.00/SF Net · MLS:1444530 parking available for Tenant. Lester Tobin* 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 ver�cal growth. Colin Vogel*/Peter Benninger 736 MLS: Waterloo · High profile location in Lester Waterloo’s drive-up parking. Tobin* Last unit! Drive-up retail/office unit located in BUILDING FOR SALE/LEASE University Two level retail unit with Waterloo · Indoor mall style on two levels. High 530 SF · district. $18.00/SF · MLS: KW1531262 · OFFICE 2,598 SF · $11.00/SF Net · MLS: 1511580 newly developed community, minutes from Hwy on-site parking situated at base of a student 10,688 ·· $2,095,000 $6.75/SF· · Waterloo 96,129 SF on 6.18 EXCLUSIVE Acres · $5,900,000 MLS: 12,184 SFSF OR $5.50/SF · Waterloo 21,775 SF · $5.50/SF · MLS 1518080· Kitchener pedestrian and traffic location. Good tenant Kitchener · Turn‐key hair/nail salon. High traffic Great Kitchener · High traffic; 44,914 Vehicles daily. Location. Exposure to King St. N. Across # 401 and Conestoga College. Lester Tobin* apartment building. 30501792 · Kitchener · Investment For Sale, Lester Tobin* MLS 1521512 · Well suited office building, high and/ordrive‐up warehouse support. Lester Tobin* M 3 Zoning. John Hoffman*/ Gary Boudreau* Excellent parking. location. manufacturing Ample on‐site from Conestoga Mall. John Hoffman* lease in place , single tenant. Call quality finishes throughout, existing furnishings facility. Good power, loading and parking Lester Tobin* 3,931 SF · $3.00/SF · MLS:1414196 · Kitchener for 1,153 SF - 3,853 SF · $24.00 - $30.00/SF 1,500 - 10,759 SF · $26.00/SF Net included. James Boudreau** R. Blake Hull* are details. John Hoffman* 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 storage or distribution at a low cost. Extra Kitchener retail plaza on Dry 1,100 SF · $5.50/SF· MLS ·1521635 · KW1522436 Kitchener MLS:1437522· Kitchener · Crossing. Kitchener New1517403 space at ·Sportsworld 4,015 1512116 SF · ·$14.00/SF · New MLS: Last unit! ·Located near downtown core and MLS: yard space available. John Hoffman* INDUSTRIAL/WAREHOUSE cornerTraffic of Fischer - exposure Hallman and Seabrook Dr. FOR Fullyexisting renovated, open webbed ceiling. Newly Join retail & restaurant traffic draw. High location. On-site Cambridge -· High High traffic Ample location on Hespeler New University. Great exposure. Ample on‐site High-exposure high traffic. on-site renovated, veryLester interesting building. parking SALE/LEASE 2,306 SF · $5.50/SF · MLS: 1511731 Tobin*/ Gary 23 Boudreau* INDUSTRIAL/WAREHOUSE parking available for tenant support Lesterincluding: Tobin* Rd.w/excellent tenant drive-up parking. Lester Tobin* drive‐up parking. Lester Tobin* spaces onsite. CAM’s only $5! John Hoffman* Kitchener · Very central location, Finished 2,598 SF · $11.00/SF Net · MLS: 1511580 FOR SALE/LEASE Winners, Value Village, Pet Value, Sleep Country office w/ 2 w/r’s. Large Garage door, 17’ clear 2,100 1517955 ·Kitchener Waterloo 10,688 SF · $6.75/SF· EXCLUSIVE · Waterloo 21,775SF SF· ·$10.35/SF $5.50/SF · MLS 1518080· Kitchener traffic;·44,914 Vehicles daily. 1,882 SF ·· High · $13.75/SF· MLS: KW1527151 5,200 SF $12.00/SF MLS:1441235 ceilingLocation. in shop. Exposure to King John Hoffman* and many more. Lester Tobin* Great St. N. Across Industrial/Retail space. Sub-lease until Aug. manufacturing and/or warehouse 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 13,735 · $4.95/SF · MLS# · Kitchener KW1524256 9,360 SF· SF $6.50/SF· MLS:1431568 2016. Long term lease available. facility. Good power, loading and parking ·$10.25/SF · MLS: KW1534976 3,931 high exposure. Minutes from hwy# 401. On-site traffic/visibility intersection. Additional space 10,300 SF SFdoors, · $3.00/SF · MLS:1414196 · Kitchener for Dock 21’ clear span shop. Great James Boudreau**/Gary Boudreau* Cambridge · Freestanding Industrial/Warehouse R. Blake Hull* 16 4,900 SF· $14.50 SF· parking. Space can be$1,450,000 divided. Lester Tobin* Waterloo · Very well finished tech space. Work 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 · facility. Centrally located w/access off 2 yard available. John Hoffman* truck space and trailer avail. @ extra expense. 7,699 stations, 4 meeting rooms, some private offices, Fully renovated, open webbed ceiling. Newly High Traffic High exposure location. On-site 1,100 SF · $16.00 SF· MLS 12 · Kitchener streets.10,400 SF Warehouse, 3,335 SF Office. sf shop & 1,661 SF office. John Hoffman* 736 SF · $75.00/SF · MLS: 1444506 · Waterloo lab space, large lunch room. John Hoffman* renovated, very interesting building. 23 parking 874 SF ·$1,622/Mo· MLS: KW1514546·Port Elgin SF · $5.50/SF · MLS: 1511731 parking available for tenant Lester Tobin* 2,306 · Very central Lester Tobin* 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 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/ office w/ 2 w/r’s. Large Garage door, 17’ clear O F F I C E B U I L D I N G F O R L E A S E & S A L E 6,287 SF ·$7.00/SF· MLS: KW1531928· Kitchener Tim Horton’s at signalized intersection. 2,100 SF · $10.35/SF · MLS 1517955 · Waterloo Kitchener Excellent space in 5 unit industrial . direct access to landlord’s student residential 5,200 SF · $12.00/SF · MLS:1441235 ceiling in shop. John Hoffman* bldg. Suitable for small manufacturing or one with 12,184 SF· Divisible · 2,095,000 · $12.95/SF MLS: Rare to find! 2 drive thru truck bays, 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/ · Fully finished office/retail &space commercial business. Easy ·access to Cambridge 9,360 SF· $6.50/SF· MLS:1431568 Kitchener KW 1521512 · Waterloo · Well located office service 2016. Long term lease available. Private entrance with winding stairway leading pit. Tool room attached. Abundant yard space location. Lester Tobin* Guelph, & Cambridge. R. .Blake high exposure. Minutes from hwy# 401. On-site Great Hull* for 16 Dock K-W doors, 21’ clear span shop 2,550 SF · $12.00/SF · MLS:30502295·Cambridge James Boudreau* Quality finishes throughout. Existing building. to professional 2ndBoudreau**/Gary floor office. Well appointed avail. at extra cost. John Hoffman* parking. Space can be divided. Lester Tobin* high volume trucking business. Large land for 915 SF · store $12.00/SF · MLS: unit 1514008· Stratford Retail front with high reception area. Colin Vogel* INDUSTRIAL PROPERTY FOR SALE & LEASE furnishings are included. James Boudreau** truck and trailer avail. @ extra expense. 7,699 · $6.50/SF 2,400 Mezzanine · 3.09 Acres 28,000 Last unit! Located near downtown core and new SF· ·MLS: 30501592· Kitchener SF · $16.00 SF· MLS 12 · Kitchener and high exposure sf9,360 shop SF & 1,661 SF SF office. John Hoffman* 736 SF · $75.00/SF · MLS:traffic. 1444506Located · Waterlooin 1,100 $1,895,000·$4.50/SF Net MLS: 1434971, University. Great exposure. Ample on-site drive- 2,050 SF· $16.00/SF · MLS:1424242 High Traffic - High exposure location.· Brantford On-site 7,699 sf 16 dock shipping area. 1,661 sf office downtown Preston. Lester Tobin* Last Unit! Indoor mall style units on two levels in 800 SF · $22.00/SF · MLS: 30501217 · Waterloo 1511326 · Cambridge · Zoned M3 – dynamic End retail unit. parking. Lester Tobin* parking available forDrive-up tenant . parking. Lester up SF · $5.50/SF ·new MLS:1431886 Rare capmain floor opportunity. High Tobin* traffic 2,400 w/drivers area, Was doors, food bright, the heart of Waterloo’s University District w/ uses. Heavy power. a federal grade well HWY exposure. Lester Tobin* Kitchener Excellent space in 5 unit industrial . 1,488 SF‐3,545 SF · $24‐$26/SF · MLS: KW 1525‐ John Hoffman* intersection of University & Bridge. Seconds facility. windowed. John Hoffman* direct access to landlord’s student residential 874 SF · $1,300/Mth· MLS 1514546 · Port Elgin 2,237 SF · $14.00/SF· MLS: 1521035 · Waterloo bldg. Suitable for small manufacturing or 104/105/115 · Kitchener · Sportsworld Crossing tenants (over 2,000). High pedestrian & traffic from Hwy 85. Colin Vogel* 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. · MLS 1534730/ Blake Hull* 6,350 ‐ 8,786 SF · $5.25‐$5.75/SF 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 RETAIL/STUDIO SPACE FOR LEASE Waterloo James Region and beyond. &to Many uses with I-6 Zoning including 100% Conestoga Pkwy.I-6 Zoning. Gary Boudreau* bldg. Boudreau**/Gary 915 SF · $12.00/SF · MLS: 1514008·Boudreau* Stratford reception area. Colin Vogel* 1534722 · Kitchener · 2 units avail.‐end unit w/ PROPERTY FORJohn SALEHoffman* & LEASE office. Gary Boudreau*/ Lester Tobin* 3,092 SF · $6.00/SF· MLS: 30502290 · Cambridge INDUSTRIAL Lrg showroom, 2 drive‐in doors. 2nd unit w/25% 28,000 SF · 2,400 SF Mezzanine · 3.09 Acres Last unit! Located near downtown core and new Great location, on main artery (hwy #8) $1,895,000·$4.50/SF Net MLS: 1434971, * Sales Representa�ve finished office space, nice finish, dock & drive, SF· $16.00/SF · MLS:1424242 · Brantford 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 1511326 M i ncap u t e retail s south of hwy 401. Lester Tobin* · Cambridge · Zoned M3 – dynamic End unit. Drive-up parking. up parking. Lester Tobin* great location. John Hoffman* ** Broker 1,586 SF · 0.12 Acres · $925,000 · MLS: 3050 HWY exposure. Lester Tobin* uses. Heavy power. Was a federal food grade facility. John Hoffman* 1737/1745 · Kitchener · 1514546 Unique High 874 SF · $1,300/Mth· MLS · PortProfile Elgin 1,774 SF · $9/SF · MLS: KW1531511· Kitchener 3,450 SF · $11.00/SF Gross · MLS: KW1537169 4,200 SF · $10.50/SF Net · MLS: 1418072 Location. Lot. Located beside Bi‐ level space, retail or tech. Full A/C Abundant High trafficCorner retail location. Located acrossfarmers from 5,040 SF· $810,000 · MLS: 1437535· Waterloo Kitchener · Clean industrial space, finished location, close to U of W, W.L.U .60 Ac. Site under utilized w/ existing 5040 sf market. Re‐development site. Waterloo parking. · Busy A very economical opportunity. Tim Horton’sGreat at signalized intersection. offices, ample power. James Boudreau** Pkwy.I-6 Zoning. Gary Boudreau* bldg. Many uses with I-6 Zoning including 100% Lester Tobin* Conestoga John Hoffman* James Boudreau**/Gary Boudreau* & office. John Hoffman*

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

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Please say you saw it in The Commercial Investor

2015-12-04 3:13 PM

Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

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

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

· EXCLUSIVE 808 SFSF · $125,000 · MLS:· 1517668 · $399,000 MLS: KW1531898 GApprox.217 R COLDWELL BANKER COMMERCIAL EAT RAcres E ‐ D E· V$4,340,000 ELOPMEN T S I T E 4,437 Waterloo Region · Currently Being Farmed. Waterloo· Belgium style poutine restaurant in · Established since 1996 with many 25,182 SF · $2,420,000 · MLS: KW1417598 Waterloo PETER BENNINGER REALTY, BROKERAGE Call for info pkg! prime location on King at University. All new throughout Ontario. Family with style Brockville · Some medical onsite. Walking 1,560 SF · $269,000 · MLS:1425046 equipment. Business can be purchased Peter Benninger**/Colin Vogel* locations 508 RIVERBEND DRIVE, KITCHENER, ON. DEVELOPMENT LAND FOR SALE with liquor license and seating for or without franchise. Lester Tobin* Cambridge · Downtown Preston property. Main distance from Hospital. Some new leases restaurant Acres · $3,000,000 · MLS: 1244781 3 . 5 8 A c r e s · $995,000 · Conestogo · Backs 37.5 Phone: 519‐743‐5211 148 plus 25 on patio. Lester Tobin* floor retail, 2nd floor office or residential. On-site pending. John Hoffman*/Gary Boudreau* Port Elgin · Incredible investment. At the onto forested area. Excellent re‐development parking. Lester Tobin* gateway to Port Elgin. 800 meters from new James Boudreau**/Gary Boudreau* 66.58 opportunity. www.coldwellbankerpbr.com/commercial Acres $2,200,000 · EXCLUSIVE MECHANIC SHOP FOR AND Walmart plaza · a few min. walk e: commercial@coldwellbankerpbr.com to one of the MULTI FAMILY SALE LOT RETAIL PLAZA W.CONVENIENCE STORE most beautiful sandy beaches in Ontario! Cambridge· Under consideration to change OP 1,440 SF· $559,000·MLS: KW1535223· Kitchener Approx.217 Acres · $4,340,000 · EXCLUSIVE 808 SF · $125,000 · MLS: 1517668 INVESTMENT FOR SALE James Boudreau** Established mechanic business on quarter acre COMMERCIAL DEVELOPMENT LAND FOR SALE designation to industrial. Peter Benninger** 3,408 SF · 0.25 Acres · $1,550,000 Waterloo Region · Currently Being Farmed. Waterloo· Belgium style poutine restaurant in 5,498 SF (approx) · $850,000 · retail Kitchener MLS #1511142 · Waterloo · Two unit plaza FORMER SCHOOL/RE-DEVELOPMENT SITE site. Ideal for used car sales. R. Blake Hull* 36 Units · $5,500,0000 · MLS:1511369 Call for info pkg! prime location on King at University. All new EXCLUSIVE Income potential from buildings. with Lester Tobin* Approx.217 Acres · $4,340,000 · EXCLUSIVE Wa‐ 19,589 SF · 3Peter Ac.· $1,800,000 · MLS: Vogel* equipment. 1,560business. SF ·· $269,000 · MLS:1425046 Business can be purchased with Benninger**/Colin Kitchener · Brand New! 100% Leased, 100% 1444282 Woodstock · Single storey building 1,154 SF· $89,900 · MLS: KW1535044 · St Jacobs or without franchise. Lester Tobin* Cambridge · Downtown Preston property. Main terloo Region · Currently Being Farmed. Call for Redevelopment parcel. James Boudreau** Income guarantee & building warranty. 37.5 Acres · $3,000,000 · MLS: 1244781 containing classrooms, gymnasium and Generously sized w/ Over premium floor retail, 2nd floor office or residential. On-site info business for units sale. 20 finishes, successful pkg! 8 Peter Benninger**/Colin Vogel* Retail Port Elgin · Incredible investment. At the playground with commercial zoning. stainless steel appliances, in before suite laundry, L Aparking. N D & B U I L DLAND I N G S ‐ FOR I N V E SSALE T M ELester N T O FTobin* F I C E gateway years in business! Take over Christmas to Port Elgin. 800 meters from new Residential re-development is obtainable. Separate hydro & gas meters. Located steps 12,853SF ·$2,500,000·Kitchener ·MLS# 30503036 2.8 Ac.Land · $4,000/month · MLS: KW 1514567 Walmart plaza a few min. walk to Lester one of the MULTI FAMILY FOR SALE James Boudreau**/ Gary Boudreau* Tobin* away from shopping and expressway. gate, in Ontario! graveled and most fenced beautiful with sandyone beaches RETAIL PLAZA W.CONVENIENCE STORE Multi‐tenant office building. Centrally located. Fully Located on major transit route. 4,200 SF Bldg.· 0.60 Acres · $2,300,000 James Boudreau** 1,800 SF · $195,000 ·MLS:30502387· Waterloo compacted. Bleams Road coming through in the 3,408 SF ·property 0.25 Acres · $1,550,000 LAND FOR LEASE IN KITCHENER Zoning & suitable for many uses. Eric Reiner* MLS: 1444528 · Cambridge · High profile 2.8 Acres · $4,000/month · MLS: 1514567 MLS #1511142 · Waterloo · Two unit retail plaza Spring of 2015! John Hoffman* FORMER SCHOOL/RE-DEVELOPMENT SITE Well established & highly respected full service James Boudreau** re-development site located directly across 36 Units · $5,500,0000 · MLS:1511369 Fully fenced with one gate, graveled and with Lester 19,589 SF · 3 Ac.· $1,800,000 · MLS: frombusiness. Cambridge Memorial Hospital. 185Tobin* ft of fine/casual dining New! restaurant located Kitchener · Brand 100% Leased, 100%in compacted. Bleams Road coming through in the Acres Woodstock · $1,995,000 · MLS: 30502898 Forguarantee Commercial Estate 1444282 · Single storey building frontage.AND CurrentBUILDINGS use is a 4,200 FOR sf restaurant. LAND SALE 1.03 Income & building Real warranty. Waterloo’s uptown. Lester Tobin* Spring of 2015! John Hoffman* containing 8 classrooms, gymnasium and w/ 67 SF parking spaces. · MLS: Lester Tobin* 1 Acre of Urban Development Land. Wide range sizedinunits w/ premium finishes, 3,687 · $775,000 KW1537347· Generously Solutions Canada's Technology playground commercial LAND FOR SALE of uses permitted. James Boudreau* stainless steel appliances, in suite laundry, 1.03 Acres · with $1,995,000 · MLS:zoning. 1517392 St 2.0 Jacobs Why pay ·rent? Excellent · opportunity Ac.· $500,000 MLS:1337641 Kitchener Triangle, contact any one of steps our MULTI FAMILY FOR SALE Residential re-development is obtainable. Separate hydro-& gas meters. Located 1 Acre development land. Wide range of uses Corner of Trillium and Huron w/excellent for Owner/User. Redevelopment potential. 1.8Ac.· Lester Tobin* awaysales from shopping and expressway. $589,900 · MLS:KW1524216· Kitchener permitted. James Boudreau* representatives, or call access to Hwy 7/8 and Hwy 401. Many uses James Boudreau**/ Gary Boudreau* on major transit route. 4,200 SF Bldg.·Colin 0.60 Vogel*/Peter Acres · $2,300,000 zoned land permitting many Located permitted. Benninger** Industrial 519-743-5211. LAND FOR LEASE IN KITCHENER MLS: 1444528 · Cambridge · High profile 36 Units · $5,500,0000 · MLS: Eric KW1511369 Reiner* 2.8 $4,000/month · MLS: 1514567 37.5 Acres · $1,700,000 · MLS: KW across 1244781 commercial and office uses. Lot can be severed. Acres ·BUSINESS re-development site located directly FOR SALE Kitchener · Brand New! 100% Leased, 100% with one gate, Lester graveled and Tobin* HIGH-DENSITY MIXED-USE DEVELOPMENT! fromElgin Cambridge Memorialinvestment. Hospital. 185 of Fully fenced Port · Incredible At ft the guarantee& bldg warranty. Generously compacted. Bleams Road coming through in the Income SALES REPRESENTATIVES: 5.09 Ac. ·Current $4,250,000 · EXCLUSIVE For Commercial Real Estate frontage. use is a 4,200 sf restaurant. gateway to Port Elgin. 800 meters from new 10.87 Acres · $3,600,000· EXCLUSIVE· Brantford Spring of 2015! John Hoffman* sized units w/premium finishes, stainless steel 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 Walmart plaza a few min. walk to one of the Gary Boudreau * · ext. 3029 in suite laundry, Separate hydro & Mall. 3 min drive to hwy 401 Directly across High traffic, high visibility. Part of intensification appliances, Elmira · Excellent opportunity to own an up & 1.03 Acres · $1,995,000 · MLS: 1517392 2.0 $500,000 · MLS:1337641 Kitchener fromAc.· natural conservation area. · in most beautiful sandy beaches Ontario! corridor Triangle, contact any one of our gas meters. Located steps away from shopping being studied by city. coming café and catering business w/ 1 Acre development land. Wide rangethe of dream uses James Boudreau ** · ext. 3020 Corner of Trillium and Huron w/excellent Peter Benninger**/Colin Vogel* permitted. James Boudreau** James Boudreau* kitchen for even the most experienced chef. & expwy On major transit route. Eric Reiner* sales representatives, or call Peter Benninger** access to Hwy 7/8 and Hwy 401. Many uses

INVESTMENT FOR SALE

LAND FOR SALE

Lester Tobin*/ James Boudreau**

permitted. Vogel*/Peter Benninger** HIGH DENSITY Colin MIXED USE DEVELOPMENT 6.60 Acres (+/‐) Commercial/Retail GREAT RE-DEVELOPMENT SITE FOR SALE 3.25 Acres· $5,850,000 · EXCLUSIVE· Kitchener 2.94 Acres (+/‐) Residential $1,000,000 Per Acre 5,887 SF ·BUSINESS $349,900 · MLS:1447072 25,182 SF · $2,420,000 · MLS:1417598 HIGH-DENSITY MIXED-USE DEVELOPMENT! Cambridge · Established full service Frontage major medical streets at the Walking gateway to Exclusive Brockville ·2 Some onsite. 5.09 Ac.on · $4,250,000 · EXCLUSIVE Tremendous Opportunity on major restaurant with liquor license and patio. distance from Some leases downtown Kitchener. Excellent new access to Hwy arterial Cambridge · 5Hospital. min walk to Cambridge Centre road. Considerable exposure Located on Grand River. Upscale dining along with 2,000 SF · $149,000 · MLS: 1434965 pending. Boudreau* Mall. min drive toHoffman*/Gary hwyon 401 Directly across 401 via 3Hwy 8 John Directly proposed light rail Ottawa California cuisine.Concepts Elmira · Street. Excellent opportunity up & for to own res an portion from natural conservation area. transit route. Peter Benninger**/Colin Vogel* include 140 Lester Tobin*/ James Boudreau** coming café and catering business w/ dream stacked town homes or a 134 unit

Peter Benninger**/Colin Vogel*

kitchen for even the most experienced chef. retirement homes or · a MLS: 134 unit Boudreau** retirement 2.0 Ac.· $500,000 · MLS: KW1337641· Kitchener 1,156 SF ·Lester $274,900 1511182 3.25 Acres · $5,850,000 · EXCLUSIVE Tobin*/ James facility Peter Benninger** Kitchener · Frontage on 2 major streetsaccess at the Waterloo · Profitable business with growth Corner of RE-DEVELOPMENT Trillium & Huron w/excellent GREAT SITE potential. fixtures and equipment included. SF ·All $349,900 · MLS:1447072 to& Many uses Excellent permitted. 5,887 to gateway Hwy 7/8 Hwy 401. Kitchener. 25,182 SF ·downtown $2,420,000 · MLS:1417598 James Boudreau**/Gary Boudreau* access to Hwy 401 via Hwy 8 Directly on Cambridge · Established full service 0.35 Acres · $1,425,000 · Exclusive · Kitchener Brockville · Some medical onsite. Walking Colin Vogel*/Peter Benninger** proposed light rail transit route. restaurant withopportunity liquor license and patio. Development in the heart of distance from Hospital. Some new leases PeterHoffman*/Gary Benninger**/Colin Vogel* 1,426 SF· · MLS:Upscale 1511046 Located on$99,900 Grand River. dining with pending. John Boudreau* HIGH‐DENSITY MIXED‐USE DEVELOPMENT! downtown Capitalize on current DC California ·Kitchener. cuisine. Waterloo Gourmet Pizza & Pasta restaurant. 66.58Ac.·$4,250,000 Acres · $2,200,000 · EXCLUSIVE 5.09 · MLS: KW1527092 · exemptions. Peter Benninger**/Colin Vogel* Tobin*/ James Boudreau** High salesLester with huge potential. Located in the Cambridge· Under consideration to change HIGH DENSITY MIXED USE DEVELOPMENT Cambridge High profile, mixed use parcel OP on city’s fastest growing area. High exposure on designation to$5,850,000 industrial. · EXCLUSIVE Peter Benninger** busy SF · $274,900 · MLS: 1511182 Lester Tobin* 3.25 Acres · high traffic Hespeler Rd. 1,156roundabout. Kitchener · Frontage on 2 major streets at the Waterloo · Profitable business with growth FOR SALE Peter Benninger**/Colin Vogel* potential. BUSINESS All fixtures and equipment included. HIGH DENSITY MIXED USE DEVELOPMENT

gateway to downtown Kitchener. Excellent James Boudreau**/Gary Boudreau* access to Hwy 401 via Hwy 8 Directly on 8.28 Acres light · $1,558,000 MLS: KW 1522201 proposed rail transit· route. $159,000 · 1511046 MLS: KW1527315 Peter Benninger**/Colin Cambridge · Fantastic location to build Vogel* up to 1,489 1,426 SF SF· · $99,900 · MLS: Waterloo· ·Fit Gourmet & Pasta for life Pizza sandwich bar restaurant. located on 64,207 sq. ft. in 2 buildings. Many uses within Waterloo 66.58 Acres · $2,200,000 · EXCLUSIVE High sales with huge potential. Located in the busiest corner in Waterloo’s University District. M3 zoning including residential. In park Cambridge· Under consideration to change OP city’s fastest growing area. High exposure on setting. John Hoffman* designation to industrial. Peter Benninger** New Location ‐ High traffic. Lester Tobin* busy roundabout. Lester Tobin*

Selby Colson * 519-743-5211.

· ext. 3100

Mike Flynn * · ext.Estate 3037 For Commercial Real Solutions in Canada's Technology John Hoffman * · ext. 3040 SALES REPRESENTATIVES: Triangle, contact any one of our Bill Halpenny * · ext. sales representatives, or 3120 call Gary Boudreau * · ext. 3029 519-743-5211. R. Blake Hull * · ext. 3032 JamesREPRESENTATIVES: Boudreau ** · ext. 3020 SALES Eric Reiner * · ext. 2099 Selby Colson *

· ext. 3100

Gary Boudreau · · ext. Lester Tobin * * ext.3029 3023 Mike Flynn * · ext. ext.3020 3037 James Boudreau ** · Colin Vogel * · ext. 3110 Selby Colson * · ext. 3100 John Hoffman * · ext. 3040 Harmony Voisin * ext. 3117 Mike Flynn * · · ext. 3037 Bill Halpenny * · ext. 3120 Roman Ginzburg* · ext. 3103 BROKER OF RECORD : · ext. 3032 R. Blake Hull John Hoffman ** · ext. 3040 Bill Halpenny * · Eric Reiner * ·· ext. ext.3120 2099 Peter Benninger** ext. 3000 R.Lester BlakeTobin Hull ** · · ext. 3032 ext. 3023 Eric Reiner * · ext. 2099 Colin Vogel * · ext. 3110 Lester Tobin * Sales Representa�ve * · ext. 3023 Harmony * ext.3110 3117 Colin VogelVoisin * ** Broker · · ext. Harmony Voisin * · ext. 3117 BROKER OF RECORD:

BROKER OF RECORD: PeterBenninger** Benninger** ext.3000 3000 Peter · ·ext.

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

COM_4915.indd 7

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inthenews

BANK OF CANADA MAINTAINS OVERNIGHT RATE TARGET AT 1/2 PER CENT

he Bank of Canada has announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

level, although with significant job losses in resource-producing regions. The Bank expects GDP growth to moderate in the fourth quarter of 2015 before moving to a rate above potential in 2016. While bond yields are slightly higher, financial conditions remain accommodative in Canada.

Global economic growth is evolving essentially as the Bank had anticipated in its October Monetary Policy Report (MPR). The US economy continues to grow at a solid pace, although private domestic demand has proven slightly less robust than expected. Meanwhile, commodity prices have declined further. The ongoing terms-of-trade adjustments and shifting growth prospects across different regions are contributing to exchange rate movements. In this context, policy divergence is expected to remain a prominent theme. In Canada, the dynamics of growth have been broadly in line with the Bank’s MPR outlook. The economy continues to undergo a complex and lengthy adjustment to the decline in Canada’s terms of trade. This adjustment is being aided by the ongoing US recovery, a lower Canadian dollar and the Bank’s monetary policy easing this year. The resource sector is still contending with lower prices for commodities. In non-resource sectors, exports are picking up, particularly in exchange rate-sensitive categories. However, business investment continues to be weighed down by cuts in resourcesector spending. The labour market has been resilient at the national

In the midst of all of these adjustments, inflation is in line with the Bank’s October outlook. Total CPI inflation remains near the bottom of the Bank’s target range, owing to declines in consumer energy prices. Core inflation is close to 2 per cent as the effects of the lower dollar and the output gap continue to offset each other. The Bank judges that the risks around the inflation profile remain roughly balanced over the projection horizon. Vulnerabilities in the household sector continue to edge higher while overall risks to financial stability are evolving as expected. Taking all of these developments into consideration, the Bank judges that the risks to the outlook for inflation remain within the zone for which the current stance of monetary policy is appropriate. Therefore, the target for the overnight rate remains at 1/2 per cent. The next scheduled date for announcing the overnight rate target is 20 January 2016. The next full update of the Bank’s outlook for the economy and inflation, including risks to the projection, will be published in the MPR at the same time.

5 C

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Volume 15 Issue 12

FOR SALE FOR SALE King St W, Kitchener FOR165 SALE FOR SALE 165 King St W, Kitchener

RETAIL / OFFICE BUILDINGS 5 RETAIL Norfolk St N, Simcoe / OFFICE BUILDINGS

165 King St W, Kitchener 165 King St W, Kitchener

5 Norfolk St N, Simcoe 5 Norfolk St N, Simcoe

Asking Price :

AskingAvailable Price : : Space ZoningPrice : Asking Space Available ::

Description : Space Zoning : Available :

Asking Price :

$1,250,000

Kitchener/Waterloo Guelph & Cambridge

AVAILABLE PROPERTIES AVAILABLE PROPERTIES RETAIL / OFFICE BUILDINGS AVAILABLE PROPERTIES RETAIL / OFFICE BUILDINGS AVAILABLE 5 Norfolk St N,PROPERTIES Simcoe

Space Available : Asking Price :

Commercial Real Estate & Business Opportunities

Exclusive

Exclusive Exclusive Exclusive

$2,195,000

*Space Available : 28,100 SF (Total on 3 floors) Asking Price : $2,195,000

8,500 SF (main floor) $1,250,000 8,500 SF (lower level) $1,250,000 8,500 SF (main floor) Central Business District $1,250,000 8,500 SF (main (lower level) 8,500 SF floor)

*Building has capacity for an additional floor

8,500 SF (main floor) 8,500 SF (lower level) Central Business District

Centrally located in the heart8,500 of Norfolk on the SF county (lowerand level) Zoning CentralPotential Business main: road:of downtown Simcoe. forDistrict vertical growth Description Zoning : in of Central Business District with possibility second addition. This been Centrally located thea heart of level Norfolk county andhas on the a Description : retail destination forSimcoe. almost 30 years! for vertical growth main road of downtown Potential Centrally located in: the heart of Norfolk county and on the Description with possibility of a second level addition. Thisvertical has been a main road of downtown Simcoe. growth Centrally located in the heartPotential of Norfolkforcounty and on the retail destination for almost level 30 years! withmain possibility of downtown a second addition. This for hasvertical been agrowth road of Simcoe. Potential DEVELOPMENT retail destination forofalmost 30LAND years! with possibility a second level addition. This has been a

retail destination for almost 30 years!

DEVELOPMENT 585 Colborne LAND St, Brantford DEVELOPMENT LAND DEVELOPMENT LAND 585 Colborne Asking Price : St, Brantford $3,600,000

Asking : *Space Price Available : $2,195,000 28,100 SF (Total on 3 floors) Zoning : D-1$2,195,000 Asking :: for28,100 *Building has Price capacity an additional floor on 3 floors) *Space Available SF (Total Description : *Building has capacity for an additional floor *Space Available : 28,100 SF (Total on 3 floors) Zoning : D-1 Located across City Hall, the property floor is central to *Building hasfrom capacity for an additional

Zoning D-1improvements in the downtown many of: the initiatives and Description : Zoning : from core including the City Centre redevelopment projectto and Located across City Hall,D-1 the property is central Description : minutes from the multi-modal transit hub.inFormer Budds many of the initiatives and improvements downtown Located across from City Hall, the property isthe central to Description : store was in operation at this location since 1933!

core including the City and Centre redevelopment project and manyLocated of the initiatives improvements in the downtown across from City Hall, the property is central to minutes from the multi-modal transit hub. Former Budds coremany including theinitiatives City Centre and of the andredevelopment improvements project in the downtown store was in operation this location since 1933! Budds minutes from the multi-modal transitredevelopment hub. Former core including the City Centre project and Elmsdale Dr,at Kitchener storeminutes was in operation at this location since 1933! from the multi-modal transit hub. Former Budds Asking Price : $1,000,000 per acre store was in operation at this location since 1933! Elmsdale Dr, Kitchener

Site Size : Elmsdale Asking Price :

6.60 acres (+/-) commercial/retail Dr, Kitchener $1,000,000 2.94 acres per (+/-)acre residential Elmsdale Dr, Kitchener

585 Colborne St, Brantford Site Size : 10.87 acres (+/-) 585 Colborne St, Brantford Asking Price : $3,600,000 Zoning : C10-4

Asking :: $1,000,000 per acre Site SizePrice : 6.60 acres (+/-) commercial/retail Description A tremendous property on a major arterial Asking Price : $1,000,000 per road acrein an 2.94 acres acres (+/-) (+/-) residential Site Size : 6.60 commercial/retail

Asking : : $3,600,000 Site Official SizePrice : Plan 10.87 acres (+/-) Community Centre Commercial Asking Price : $3,600,000 Site Size : 10.87 acres (+/-) Zoning : C10-4 Description : Site :: 10.87 acres (+/-)Commercial Excellent opportunity located at the high Zoning :Size C10-4 Official Planredevelopment Community Centre

established urban environment with exciting redevelopment 2.946.60 acres (+/-)(+/-) residential Site Size: : acres commercial/retail Description opportunities. The site enjoys considerable exposure along A tremendous property on a major arterial road in an Watson 2.94 acres (+/-) residential Description : Ottawa Street and is in close proximity to the Homer

established urban environment with exciting redevelopment A tremendous property a 7/8. major arterial road in an Blvd interchange Hwy Surrounding uses include a Description :with on opportunities. Themulti-residential site enjoys considerable exposure along established urban environment with exciting redevelopment municipal park, developments, commercial A tremendous property on a major arterial road in an Ottawa Street and site is inenjoys closeNeighbouring proximity to the Homer also Watson uses and McLennan properties opportunities. The considerable exposure along traffic, high visibility intersection of Colborne and Dalhousie. established urban Park. environment with exciting redevelopment Zoning : :: C10-4 Centre Commercial Blvd interchange 7/8. Surrounding uses include a Official Plan Community include a Cityand ofwith Kitchener Fire Station Regional Description Ottawa Street is inHwy close proximity toand thethe Homer Watson Close proximity to the Wayne Gretzky Pkwy and Hwy 403. opportunities. The site enjoys considerable exposure along municipal park, multi-residential developments, commercial Transit Operations Centre. Excellent redevelopment opportunity located at the high being Blvd interchange Hwy Surrounding uses a Official Plan : Community Centre Commercial The Property part of the Intensification Corridor Description : forms Ottawa Streetwith and is in7/8. close proximity to the include Homer Watson uses and McLennan Park. Neighbouring properties also traffic, high visibility intersection of Colborne Dalhousie. municipal park, multi-residential developments, studied by the city. Excellent redevelopment opportunity located and at the high Blvd interchange with Hwy 7/8. Surrounding uses include a Concepts for the residential portion include 140commercial stacked Description : include a City of Kitchener Fire Station and the Regional Close proximity to the Wayne Gretzky Pkwy and Hwy 403. uses and McLennan Park. Neighbouring properties also traffic, high visibility intersection of Colborne and Dalhousie. municipal park, multi-residential developments, commercial town homes or a 134 unit retirement facility. Excellent redevelopment opportunity located at the high Transit Operations Centre. Fire Station and the Regional The Property forms part of theGretzky Intensification Corridor being include a City of Kitchener Close proximity to the Wayne Pkwy and Hwy 403. uses and McLennan Park. Neighbouring properties also traffic, high visibility intersection of Colborne and Dalhousie. studied by theforms city. Transit Operations Centre. Concepts forathe portion The Property ofWayne the Intensification Corridor being include Cityresidential of Kitchener Fire include Station 140 and stacked the Regional CALL FOR DETAILS Close proximity part to the Gretzky Pkwy and Hwy 403. ADDITIONAL townTransit homes or a residential 134 unit retirement facility.140 stacked studied the city. Centre. Concepts forOperations the portion include The by Property forms part of the Intensification Corridor being

studiedVogel by the city. Colin Sales Representative

colin@coldwellbankerpbr.com

townConcepts homes orfor a 134 retirement facility. the unit residential portion include 140Ginzburg stacked Roman

CALL FOR ADDITIONAL DETAILS town homes or a 134 unit retirement facility. Sales Representative CALL FOR ADDITIONAL DETAILS rginzburg@coldwellbankerpbr.com PETER BENNINGERDETAILS Roman Ginzburg CALL FOR ADDITIONAL Phone: 519-743-5211 Ext: 3103

Colin Vogel519-743-5211 Ext: 3110 Phone: REALTY, BROKERAGE Sales Vogel Representative Sales Representative Colin Roman Ginzburg rginzburg@coldwellbankerpbr.com colin@coldwellbankerpbr.com Sales Representative Sales Representative Colin Vogel Roman Ginzburg PETER BENNINGER Coldwell Banker Peter Benninger Realty, Brokerage coldwellbankercommercial.ca Phone: 519-743-5211 Ext: 3103 Phone: 519-743-5211 Ext: 3110 rginzburg@coldwellbankerpbr.com colin@coldwellbankerpbr.com Sales Representative Sales Representative 508 Riverbend Dr. Kitchener, ON. N2K 3S2 PETER BENNINGER REALTY, BROKERAGE Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks Phone: 519-743-5211 Ext: 3103 Phone: 519-743-5211 licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated. Phone: 519-743-5211 | Ext: Fax: 3110 519-743-8009 rginzburg@coldwellbankerpbr.com colin@coldwellbankerpbr.com REALTY, BROKERAGE PETER BENNINGER

Phone: 519-743-5211 Ext: 3110 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Brokerage Coldwell Banker Peter Benninger Realty,

Phone: 519-743-5211 | Fax: 519-743-8009 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Coldwell Banker Peter Benninger Realty, Brokerage Phone: 519-743-5211 | Fax: 519-743-8009 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009

Phone: 519-743-5211 Ext: 3103 coldwellbankercommercial.ca coldwellbankercommercial.ca coldwellbankercommercial.ca

REALTY, BROKERAGE

Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.

Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.

Please say you saw it in The Commercial Investor

COM_4915.indd 9

2015-12-04 3:13 PM

Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

BROC OO K MBM UE IL RD C II N AG L ICN OVNESSUTLO TR ANTS

E X T E RIOR M A S O N RY FA I L UR ES Masonry Problems are continuous maintenance problems which result costly remedial measures. 1.

3. Weep Holes Blocked

Brick Flashing Missing

The failure to properly install brick flashing at the corners of a poured concrete foundation results in severe cosmetic diagonal cracking of the concrete. The initial cost to install flashing would only have been pennies. One solution is to rebuild the corner of the foundation and install flashing. This is costly.

A major problem is ﬁlled or missing weep holes in the bottom course of masonry. This may result in water entry into the building by way of damaged brick ﬂashing which is not visible. One solution is to open the weep holes and seal with an approved sealant. 4. Spalling Masonry Face

The source of the spalling problem is generally not from poor masonry production but failed mortar joints. The joints may have failed during construction due to a poor mortar mix, weather conditions which may lead to a bond failure and/or thermal expansion post construction. Hairline cracks in the bed joints allow for water entry and under winter freeze conditions the ice expands causing the masonry beneath the affected joint to spall, generally in a triangular pattern the top wider than the bottom. The unsightly condition usually results in covering the masonry with a stucco of metal siding to hide the problem.

2. Rowlock Masonry Sills

A solution which is aesthetically pleasing includes a combination of replacement of the severely damaged masonry, tuck pointing of all cracked mortar joints and sealing the entire masonry face w i t h a n a p p r o v e d c l e a r, breathable, waterproof masonry sealant to prevent water entry.

Bond/frost failure of the mortar joints will lead to frost movement of the masonry. One solution is to tuck point the mortar joints and seal.

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_4915

Please say you saw it in The Commercial Investor

COM_4915.indd 10

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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

4915_DJW_2_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 4915_DJW_1_0117

MLS

SALE 1250 FISCHER HALLMAN ROAD, KITCHENER

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

4915_DJW_2_0036

• 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 4915_DJW_1_0063

SALE

MLS

4915_DJW_4_0016

EXCLUSIVE

MLS

4915_DJW_0042

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

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

4915_DJW_1_7778

SALE 341 MARSLAND DRIVE, WATERLOO

• Prime investment/re-development opportunity • Easy access to Conestoga Expressway • 59,000 sq ft on 5.83 acres • $7,800,000

453 PARK STREET, KITCHENER

4915_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

Kitchener/Waterloo Guelph & Cambridge

Volume 15 Issue 12

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

4915_DJW_3_0021

CONNECT

4915

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_4915.indd 11

2015-12-04 3:13 PM

Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

Commercial Investment Opportunity $979, 000

For Sale: 1180 Queen’s Bush Drive, Wellesley

Darren Shaw, SIOR**

DIR 519 904 7017 MOB 519 240 7346 darren.shaw@colliers.com

www.collierscanada.com

11303661_4915 Colliers MaCaulay Nicolls (Ontario) Inc. ••Broker

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

SOLD

“Thanks to the COMMERCIAL INVESTOR”

Recognized as “THE ADDRESS” for rental living in Guelph. No dollar has been spared on this property over the years. Guelph has one of the lowest vacany rates @ 1.6% - building always full • 6 - 3 Bedroom • 14 -2 Bedroom • 2 - 1 Bedroom • 2 - Oversized Bachelor • Cap rate: 6%

3315_DJW_0028

Asking $3,100,000 Oct 10 -

Nov 7, 2015 , Volume

15 Issue

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

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

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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

Well kept unique 4 storey, brick and stucco apartment with elevato building, r. The buildin previously g was a historic church built in 1891. It was comple inside and renovated tely gutted Features: in 1986. 11 Bachel or, 17 – 1-bedroom and 3 controlled – 2-bedroom suites; entry; electric heating; baseboard one 2014, (ownedgas hot-water tank ); all bathrooms equipped with grab bars; new in Septem roof ber 2005; all corrido new carpet rs in lent downto October 2005. Excelwn locatio FOR MAR vacancy – n. Seldom currectly KETING no vacanc a Winston BROCHURE y. Davie WinCorp CALL: Realty Inc.,s, Broker of 45 Keats Real Estate Record Tel: 519-8 Cresc Brokerage, 36-2080 Fax: 519-8ent, Guelph, ON N1G 36-2081 Email: wjmda3B1 vies@rogers .com

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

11298218_4915

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)

ng@cbci.c

ION!

1715_D

JW_008

Get The Comm

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2952

tor delivered

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DAY

developm ent@obsid iangroupin c.com

directly to

your door!

See inside

for details

(COM)

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FC_4115

FREE SU

Great Hour s of Oper Other locat ation 7:00 am ions availa - 3:00 pm 2 GREAT ble acros LOCATIO s Ontario NS IN LON DON, ON 1-877-272-

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

COM_4915.indd 12

2015-12-04 3:13 PM

Commercial Real Estate & Business Opportunities

SUPERIOR SERVICE

•

SUPERIOR EXPOSURE

•

SUPERIOR RESULTS

STEVE BAILEY

Kitchener/Waterloo Guelph & Cambridge

Volume 15 Issue 12

BROKER

2011-2015

2007

2011

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

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

ISABEL PINHEIRO SENIOR PARTNER isabel@soldbybailey.com 519.240.3090

HELEN MCINTYRE helen@soldbybailey.com 519.635.7856

AARON ERWIN aaron@soldbybailey.com 519.497.7705

MLS® 30500706 | CAMBRIDGE | $900/MONTH FULLY RENOVATED, PROFESSIONAL OFFICE SPACE. CENTRALLY LOCATED IN THE KW REGION. OTHER SIMILARLY PRICED UNITS AVAILABLE.

MLS® 30500689 | CAMBRIDGE | $1,200/MONTH FULLY RENOVATED, PROFESSIONAL OFFICE SPACE. CENTRALLY LOCATED IN THE KW REGION. OTHER SIMILARLY PRICED UNITS AVAILABLE

MLS® 30501072 | WATERLOO | $69,900 ESTABLISHED BUSINESS WITH CLIENTELE. INCLUDES SERVICE VAN, MACHINES AND TOOLS. $10-$15K IN GROSS MONTHLY INCOME!

MLS® CA1594208 | KITCHENER | $169,900 LIGHT MANUFACTURING AND WAREHOUSING SPACE WITH PROFESSIONALLY FINISHED SECOND FLOOR OFFICES. TWO UNITS AVAILABLE.

MLS® CA1593232 | CAMBRIDGE | $850,000 RESIDENTIAL/COMMERCIAL ZONING WITH HIGHRISE POTENTIAL. AN EXCELLENT DEVELOPMENT OPPORTUNITY IN THE DOWNTOWN CORE.

MLS® CA1594688 | ST. GEORGE | $949,900 INDUSTRIAL SPACE WITH 2-AREA WAREHOUSE, TWO OFFICE SPACES, TWO GREENHOUSES, AND A STORAGE COMPOUND. PARTIALLY TENANTED.

MLS® CA1592982 | COURTLAND | $1,200,000 LIVE STEPS FROM YOUR OWN SUCCESSFUL BUSINESS! INCLUDES A 2,000 SQ.FT.HOME AND A THRIVING BAKERY. 20,000+ CARS DRIVE BY DAILY!

MLS® CA1592030 | PARIS | $1,549,000 PRIME DOWNTOWN LOCATION! INCLUDES A SMALL HOUSE WITH LONG TERM TENANT, A VACANT BUNGALOW, AND A COMMERCIAL PLAZA.

SUE MACHADO sue@soldbybailey.com 519.722.1518

DON MACKEY don@soldbybailey.com 519.654.8237

MIKE GRANT mike@soldbybailey.com 519.716.1461

ANNETTE ESCOBAR BROKER annette@soldbybailey.com 519.212.0135

JOAN HORNE joan@soldbybailey.com 519.212.2482

BEN DOBROCKY NEW HOME SPECIALIST ben@soldbybailey.com 226.749.3418

KIM FOSTER kim@soldbybailey.com 519.212.6295

11298218_4915

CAROL NUSCA carol@soldbybailey.com KW Region: 519.623.6006 GTA: 289.259.3926 *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_4915.indd 13

2015-12-04 3:13 PM

SOUTHWESTERN ONTARIO

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SOUTHWESTERN ONTARIO SECTION COVERING: Brantford Chatham Grey & Bruce Counties

Ingersoll London Owen Sound Sarnia Simcoe Stratford

St. Thomas Tillsonburg Windsor Woodstock

For advertising

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

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

NewSectionPages_FullColor2015.indd 4 COM_4915.indd 14

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Southwest Ontario

COMMERCIAL POTENTIAL IN TOBERMORY - $389,000

PRIME TOBERMORY LOCATION - $459,000

Both commercial and residential zoning on this Log Home in the Heart of Tobermory across from walking entrance to Visitor Centre. 6 yr old 3 bedroom Log home of exceptional quality and workmanships. Open concept living, dining, kitchen area. Large bedroom loft with sitting area and balcony overlooking the Tobermory Harbour. Covered front porch. 3 season screened in sun room also with views. Reap the benefits of living in this wonderful community and having your own business. Extra large lot with additional century log structure. Business potential. All this needs is imagination to make money. #428 4915_DJW_0037

You must pass this location going in and going out of Tobermory. Right on Highway 6, right on the path to the Ferry and Boat Tours, right north of the new Grocery store location, close to the clinic. This property is 1 acre in size with lots of parking. Lots of potential as retail store, professional office, dental office, doctor's office, co-op, plaza, restaurant, bar, fitness or massage theraphy, tourist depot or use your imagination. There's a 1600 plus square foot main building, extra large garage and huge shed. This property is on municipal sewer. Zoned C1 with lots of permitted uses. #730 4915_DJW_0038

TOBERMORY RETAIL - $499,000

LIONS HEAD INN - $619,000

Buy the assets, land and approx 5,000 sq foot building and start your own business. Or, buy the full package and run the existing well established Outdoor Goods store. The store sells outdoor clothing, footwear, fishing, hunting, camping gear and much more. There's an Army Surplus section and a "Gently Used Recycle" section. The current owners have been successful in obtaining two very high traffic draws to the store. Hunting and fishing licenses and LCBO bottle return. There's an Artist Co-Op renting the upper floor and an additional rental income from the office unit. 588.

Ideal central Bruce Peninsula location, this pub/restaurant/inn is located in a growing tourist community. Open year round, this establishment caters to locals, cottagers, tourists, Bruce Trail Hikers, boaters and winter snowmbilers. Operating since 1966. Restaurant, dining, patio and pub areas seat 104 people. There are 4 guest rooms. View of the Lions Head Harbour and Marina from the outdoor patio. Enclosed patio ideal for cooler summer evenings. History of revenue growth. Turnkey operation business, building, land and chattels. #712

4915_DJW_2_0040

4915_DJW_2_0013

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3:47 PM

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Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

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

Sutton - Huron Shores Realty Inc. Brokerage

GREY BRUCE REALTY INC., BROKERAGE

Independently Owned and Operated

Locally Owned and Independently Operated

519-797-1007 1-888-727-1007 11241815_4915

Sharm McLean Sales Representative

swmclean@rogers.com Southwest Ontario

519-372-5276

Brian Shular

Doug Freiburger

Kaitlyn Shular

Judy Howard

Broker of Record

Sales Representative

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

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. 4915_DJW_0077

4515_DJW_1_0079

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

George Gicopoulos Sales Representative Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepagecommercial.com www.g eor gegicop oulos. com w w w.royal l epa gecommercia l. com STEAK HOUSE IN SARNIA/POINT EDWARD

*Independently Owned and Operated

LONDON BURGERS $169,000

Over 80 parking spots, free standing 6,700 sq ft building, corner location, great condition. Sales between $800,000 and 1 million yearly. Property and business; business only; or lease with option to buy. Make your reasonable offer and you can have a great deal. This could be your lucky day if you don't delay.

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

4915_DJW_0062

$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. Main floor (used as Cafe recently) with three residential units above paying the mortgage. All chattels & fixtures in place just add stock and you're in business. Approximately 2,000 sq ft main floor cafe. 4915_DJW_2_0047

Near London Burger Place $99,000 Bistro with catering business $69,000 Downtown London. Ring-A-Wing Franchise, London $189,000 Cafes, Restaurants, Pubs, Big or small. We sell them all.

8155109_4915

Royal LePage Triland Realty, Brokerage*

4915_DJW_2_0090

UPSCALE FAMILY RESTAURANT - INGERSOLL

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

Great upscale family eatery, in operation for many years with great reputation and good sales and profits. Approximately 90 seats licensed under the LLBO. Very good condition. Excellent long term lease. Open 6 1/2 days, closed Sundays at 3:00 p.m. 4915_DJW_0063

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

FAMILY RESTAURANT NEAR LONDON $247,000 - flexible

Please say you saw it in The Commercial Investor

COM_4915.indd 16

2015-12-04 3:13 PM

Volume 15 Issue 12

Commercial Real Estate & Business Opportunities 11274369_4915

Paul Kueneman Broker

11 Durham St. W. Box 549 | Walkerton, ON N0G 2V0

Southwest Ontario

519.889.0566

Tel: 519.881.2270

paul.kueneman@mcintee.ca

www.walkertonhomes.ca

FOR SALE $1,375,000

$395,000

$895,000

$479,500

Professional/Commercial building in Eastridge. Good investment opportunity or for lease 9/sqft. 2 separate units - 6,500 sqft and 1,000 sqft. Plenty of parking.

Well established successful automotive repair business. Newer 2 bay fully equipped building, Chesley

Touchless automatic car wash, in excellent condition, showing good return. Well maintained building with extra space for your personal use.

Great location, ongoing restaurant, well maintained building, includes 3 bedroom bungalow. Price includes equipment & furnishings. Completely redone 8 years ago.

4915_DJW_0001

4915_DJW_0002

4915_DJW_0003

4915_DJW_0004

$379,500

$209,900

$189,900

$10/ SQ FT FOR LEASE:

14 unit motel, with 4 bedroom, 2 bath residence in Walkerton. Great second income for stay-at-home spouse or retiree. Well established business.

Good opportunity! Prime downtown location, commercial/residential building, ideally set up for retail business & 3 bedroom, live-in residence. Current owner retiring.

Downtown commerical building, currently occupied by a restaurant business. 2nd & 3rd level are ready for renovating into apartments. Owner will sell business or lease back.

2300 sq ft former cafe, 4 year old building, parking for 16 cars, free standing drive through. Other uses may include professional office or retail.

4915_DJW_0005

4915_DJW_0006

4915_DJW_0007

4915_DJW_0008

ROY A. BOYES REAL ESTATE 519.397.0928 boyesre@gmail.com Apartment Building Esso Gas Plaza

42 Units, Gross 320K, Ask $1.6M. Have Others Net $170K. Gas + 800K Store + 2 Rentals. $1.2 M

Petro Near Chatam

4.5 M Litres, Store $650K. Ask $1.9 M

Midland Area Golf

Super Deal, 27, Gross $1.2M. Ask $2.2M

Plaza

3 Major Tenants. Cap Rate 6.5%. Ask $4.7M

Retirement Home

34 R with $825K Gross. Ask $1.8M

Retirement Home

50R with $1M+ Gross. Ask $3.2M

12 Unit Motel Food Plaza

11253208_4915

Asking $400K. $100K Gross + Living Area Southwestern Ontario. Net $905K. Try 7% CAP

Super 8

Asking $2.2M. Gross $600 K. Southwestern Ontario

Hotel

75 rooms. Gross $600K. Ask $1.6M. Partners Available

Gas Stations Land Angel Investors

Numerous Zoned Corners Partners needed. Many 10 -14 Cap deals

Please say you saw it in The Commercial Investor

COM_4915.indd 17

2015-12-04 3:13 PM

marketminded

MAKING THE CONNECTION: SUBWAY PROXIMITY OFFERS MULTIPLE BENEFITS FOR DOWNTOWN TORONTO OFFICE BUILDINGS Avison Young releases study of subways’ connections within Toronto’s Downtown office market

owntown Toronto’s resurgence in recent years has been remarkable, following the migration of residents and businesses to the suburbs over the past few decades. The trend toward increased urbanization and greater density continues with residential and commercial developments creating demand for each other amidst a growing emphasis on mixed-use projects. One of the important factors enabling this transformation is public transit. In particular, office properties’ proximity to a subway station provides notable benefits for both tenants and landlords in terms of property values, rental rates and vacancy rates.

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2015-12-04 3:13 PM

These are some of the key findings of a study by Avison Young on subway connectivity to the office real estate market in Downtown Toronto, released recently. “Do subways matter? Absolutely,” comments Bill Argeropoulos, Principal and Practice Leader, Research (Canada) for Avison Young.“Tenants are placing as much importance on transit connectivity as they are on sustainability characteristics – such as LEED certification – and employee wellness. We have seen an increasing number of requests for proposals and tenant requirements that specify a location within 500 metres of a subway line, as tenants recognize the value of easy subway access for attracting and retaining employees. Furthermore, this access is an amenity that adds value to surrounding buildings from everyone’s point of view – both occupiers and owners. For the latter, the impact can be seen in higher occupancy rates, higher rental rates and higher sale prices for buildings that are close to subway stations.” The study, conducted in early fall 2015, examined the entire Downtown market’s 401 existing office buildings totalling almost 72 million square feet across all building classes, as well as seven buildings currently under construction and 13 potential development sites. The buildings were classified according to which Toronto Transit Commission (TTC) subway station they were closest to, and their distance from that station in metres (m), which was determined based on aboveground walking distance for pedestrians. The study also looked at office building sales in the three-year period between October 2012 and early fall 2015. Argeropoulos notes,“Given the office submarket’s location within the downtown subway loop, it is no surprise that 100 per cent of office buildings in the Financial Core are within a 500m walk of a subway station. Second-ranked was the Downtown North node, with 81 per cent of buildings within the same range. At the other end of the spectrum, only 12 per cent of buildings in the King and Dufferin node (popularly known as Liberty Village) offer such proximity to the subway – although the node is well-served by other modes of transit, such as streetcars.” Other key findings include: • Across all of Downtown, the vacancy rate for office buildings less than a 500m walk from the subway was 6.1 per cent – slightly below the overall downtown average and significantly lower than the 9.7 per cent vacancy rate for buildings beyond the 500m range; • Buildings in the Financial Core node had the lowest average walking distance to a subway station (233m), followed by those in Downtown North (343m); • The Downtown South node (which extends beyond the area commonly labelled the South Core) had an average walking distance to the subway of 911m, with only three out of 14 office buildings less than 500m from a station. (It should be noted that distances to Union Station were measured to the TTC subway entrance on Front Street, not the southern end of Union Station);

COM_4915.indd 19

• The three-year analysis of Downtown office building sales revealed that buildings within a 500m walk of a subway station sold for an average of $475 per square foot (psf), while those beyond that range had an average sale price of $364 psf during the same period; • The two TTC subway stations serving the greatest number of office buildings (based on the walking distance between each building and station) are both on King Street: St. Andrew and King stations. King station serves as the nearest station for 77 office buildings (41 in the Financial Core and 36 in Downtown East), while St. Andrew serves 100 buildings (23 in the Financial Core, 72 in Downtown West and five located even further west in the King and Dufferin node). New office building development has also felt the benefit of subway-accessible locations. Of the 18 major downtown office projects completed since 2009 or currently under construction, eight (44 per cent) are located within a 500m walk of a subway station – despite the challenge of assembling suitable land parcels in the already dense downtown core. An examination of new development pricing reveals that the towers closest to the subway have reaped the rewards, with a premium of nearly $7 psf on net face rates compared with those achieved by buildings further from the subway completed since 2009 or currently under construction. “Developers are not missing out on these trends,”Argeropoulos adds.“There are at least 13 notable office development sites in downtown Toronto, with eight – that’s 62 per cent – less than 500m from a subway stop. These projects are well-positioned to capitalize on tenants’ demand for transit connectivity, as well as all the other sustainable attributes and modern features offered by new developments. Developments beyond the 500m mark can also prosper – as we have seen in the past – if they are well-served by other forms of transit, provide desirable amenities, and successfully combine multiple uses to create vibrant communities.” While it is beyond the scope of this study, Argeropoulos notes, a similar scenario appears to be unfolding in the suburbs, with developers placing greater importance on existing or proposed connections to subways or GO Transit, for example. Argeropoulos concludes,“As the downtown area becomes even more densely populated, demand for subways and other transit options will only intensify. Wise planning will be necessary to ensure that sufficient transit connectivity is provided to carry more riders, encourage development in new areas, and maximize value for all stakeholders: tenants, landlords and the city as a whole.” Avison Young is one of 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. avisonyoung.com

2015-12-04 3:13 PM

Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

SAL E S RE PRE SE NTAT I V E

11007505_4915

Kitchener/Waterloo Guelph & Cambridge

Dave Spencer 62 1st Avenue South Chesley, Ontario N0G 1L0

519.363.2410 PHONE: 519.363.3726 davespencer@bell.net

AUTOMOTIVE SHOP

EXCELLENT OPPORTUNITY

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

DURHAM 4 PLEX

2 commercial units and 6 residential . Great location with parking. Building is in good condition.

11291991_4515

$144,900

WOODSTOCK

$239,900

4515_DJW_2_0020

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

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

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

Please say you saw it in The Commercial Investor

COM_4915.indd 20

2015-12-04 3:13 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_4915.indd 21

2015-03-19 3:47 PM 2015-12-04 3:13 PM

Commercial Real Estate & Business Opportunities

Volume 15 Issue 12

WHAT IS TITLE INSURANCE? Dino Nicosia, Broker of Record - Investpro Realty Ltd. 8171452_4915

any Real Estate investors and home buyers, do not fully understand the reason why they pay for title insurance on their purchase. They simply accept this as to be the norm and don’t ask why?

Title Insurance is an insurance policy which protects a buyer, and can also be purchased to protect a Hamilton

mortgagee, against title-related risks such as defects in title, unenforceability of the mortgage on title, contraventions of municipal zoning by-laws, liens, rights of way, fraud and forgery. Since no lawyer can completely assure a buyer that; a) There is absolutely no chance of an error in the government record, b) There are no undisclosed claims, or c) What appears to be the signature of the prior owner is a true signature? Therefore, Title Insurance is an option for those who wish to satisfy the ‘gaps’ in a lawyer’s opinion, where there is no survey, or where the cost of searches is greater than the cost of Title Insurance. Although title insurance is never a substitute for a current land survey, it provides coverage for losses suffered as a result of failing to have an up-to-date survey. Title insurance also protects owners against losses due to unresolved conflicting ownership claims at the time of purchase, old or improper mortgages, liens, special assessments, tax and public utility arrears, improper title documents and regulatory compliance issues such as notices of violation, work orders, building permit problems and setback deficiencies. Other covered risks include the inability to live in the home under zoning bylaws and the absence of a legal right of access to the property. Title Insurance, however, does not replace the role of a lawyer. It simply provides an added level of protection for the buyer. Ontario lawyers must still search title and certify the status of title before Title Insurance can be issued. The purchase of Title Insurance may not result in additional cost to you as several expensive searches and other disbursements (e.g. survey, zoning search, hydro certificates) are not required. Most real estate lawyers today regard title insurance as a critical component of the transaction and will usually not close a purchase without it. Also be aware that a lender will probably require a title insurance policy even if there is an acceptable survey.

Please say you saw it in The Commercial Investor

COM_4915.indd 22

2015-12-04 3:13 PM

Volume 15 Issue 12

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

SOLD AL ITION OND

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

T T EA EN Y GR STMERT VE P IN PRO

SOLD AL N DITIO CON Most units are extensively renovated. New steel fire escape, new boiler, etc. Near Ottawa Street Shopping District.

Hamilton

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

4515_DJW_0066

9 LEGAL UNITS

NEW LISTING, 4 PLEX ST. ST. CATHARINES Attractive converted old School House in Historic Norfolk Country (Simcoe). Great investment. Visit our website for details.

Great condition. Fully rented. For price and details visit our website.

4915_DJW_0046

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

SOLD

4915_DJW_1_0048

6 UNITS NEAR MAC UNIVERSITY

Great condition and location. Renovated, spotless building. Never any vacancy. Safe investment. Visit our website for details. 4515_DJW_3_0054

10 UNITS EAST HAMILTON E

SOLD

Great condition and location. For details visit our website.

SOLD SOLD

Great condition and location. Never any vacancy. See our website for details.

4515_DJW_2_0067

4515_DJW_3_0052

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

COM_4915.indd 23

2015-12-04 3:13 PM

Volume 15 Issue 12

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. 2915_DJW_0017

HAMILTON MOUNTAIN COMMERCIAL SPACE FOR LEASE

$725,000

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

$725,000

CENTRAL HAMILTON 8 UNIT APT BLDG

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

$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.

Please say you saw it in The Commercial Investor

COM_4915.indd 24

2015-12-04 3:13 PM

Volume 15 Issue 12

Commercial Real Estate & Business Opportunities 11303564_4915

S T AT E R E A LT Y

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

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

www.gwalker.ca

Geoff Walker, Broker of Record geoff@gwalker.ca

987 RYMAL ROAD EAST HAMILTON, ON, L8W 3M2

905-574-4600

FOR OVER 43 YEARS

GEORGE KYPRIANOU

SALES REPRESENTATIVE gkyprianou@royallepage.ca

Hamilton

COMMERCIAL SPACE

FOR LEASE 2,661 SQ FT

$498,000

Great location. 2nd to none location on Rymal Rd. and Upper James St. beside McDonalds. Ideal location for doctors walk-in clinic beside a drug store. Or any commercial, offices, retail business. Lots of parking. For more information call George Kyprianou at 905 574 4600.

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. 11302338_4915

4915_DJW_2_0050

4515_DJW_3_0032

Larry Szpirglas BROKER

Tel: 905.648.4451 Email: larryszpirglas@royallepage.ca

4915_DJW_0026

4915_DJW_1_0013

FOR SALE OR LEASE

SALE PRICE: $550,000 LEASE PRICE $2,800/PER MONTH

EXCELLENT LOCATION!

608 UPPER JAMES ST., HAMILTON › 2 stry retail/office building › high traffic location › 2 parking spaces, adjacent public parking › 2 washrooms › Close to public transportation, Linc, 403, shopping, Mohawk College › Can be single user or for two tenants › MLS #H3165899 and MLS #H3165900 11292618_4915

Please say you saw it in The Commercial Investor

COM_4915.indd 25

2015-12-04 3:13 PM

Volume 15 Issue 12

11292930_4915

Commercial Real Estate & Business Opportunities

Mazhar Roshan Sales Representative

905.929.9800

Direct

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

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

FOR LEASE BRANTFORD

Hamilton

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

4915_DJW_3_0016

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.4915_DJW_2_6668

Rare find Commercial Plaza with anchor tenant. Net income is 104K, offered at 7% cap rate. 4915_DJW_2_0085

LAND FOR SALE

GUELPH LINE, BURLINGTON -

LO ON TS LY LE 3 FT

RETAIL STONEY CREEK MOUNTAIN

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. 4915_DJW_1_0024

PLAZA FOR SALE - $1,485,000

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. 4915_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

4915_DJW_3_0032

I HAVE QUALIFIED BUYERS FOR YOUR BUSINESS. CALL FOR INFORMATION. â€œMy Business is to Sell Your Businessâ€?

11294991_4915

Please say you saw it in The Commercial Investor

COM_4915.indd 26

2015-12-04 3:13 PM

Volume 15 Issue 12

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. 4915_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. 4915_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! 4915_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. 4915_DJW_1_0051

4915_DJW_1_0037

4915_DJW_1_8000

99 MAIN STREET N, HAGERSVILLE $499,900

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.

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! 4915_DJW_1_0052

4915_DJW_1_0015

Hamilton

8171399_4915

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. 4915_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! 4915_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

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Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

Bigger and Better: Urbanization in the Ambitious City

Hamilton

A recent United Nations projection determined that, by 2050, over 70% of the world’s population will be living in cities. The tide of urbanization is inevitable, and that is why it is all the more important that it be used as a means to create strong, sustainable communities. To accomplish this, cities must ensure that housing reflects the needs of the population; that employment opportunities are ample and accessible; and that a collectivist approach is maintained with urban planning. With these measures comes a foundation for a city that is adaptable in an everchanging world, and that is resilient in the face of any economic hardship.

can be part of the change in a positive way. In this article, I will shed light on how Hamilton is transitioning and offer suggestions as to why it’s a worthwhile investment.

Hamilton’s Changing Landscape The Healthcare Sector

Don’t be misled to think otherwise: urbanization is key to growth in municipalities. The advantages of urbanization are enormous: the process can provide solutions for many of our modern problems, such as unemployment, pollution, social exclusion, and inefficient transport. Already, Hamilton has been reaping the benefits of urbanization in some of its nowbooming areas: Jamesville has become an artist’s mecca; our downtown core has never been more diverse or more robust; across the city, SoBi bikes are available for use; and soon, we will have Light Rail Transit, a major step forward for this city’s green transportation initiative.

I got the chance to connect with a director and PhD at McMaster who insightfully answers the question “What is one major fact people should know about Hamilton’s health sector right now?”. He explains, “Hamilton is booming because of the healthcare sector and, as a result, is becoming Toronto’s ‘Brooklyn.’ We get lots of job inquiries because people from Toronto are interested in moving to Hamilton for lower cost of living, higher quality of life, and easy public transportation to the big city amenities when they want them.” Undoubtedly, this new venture provides great incentive for serious, well trained professionals to reside in Hamilton. Relatively, with an influx of these professions comes a positive effect on the real estate market. The condominium market in particular is expected to increase significantly as more and more qualified workers seek gainful employment in the area. Commonly, recent trends also solidify this notion as single, urban, professionals in their middle adult years, demand big city condos priced in the $400,000 range. Within this ideal, these singles are searching for buildings in appealing neighborhoods, close to transit.

Ambitious Realty Advisors staff proudly stands by their Sobi station. The employees are strong advocates of Sobi as they frequent the bike sharing program for their commute to work. No one in the administrative department drives to the office!

As a real estate professional, it’s important to understand what drives the phenomenon of urbanization and how you 11301473_4915

It should come as no surprise that the biggest employer in our city is Hamilton Health Sciences. We are proud of the number of competent nurses, doctors, dietitians, social workers, pharmacists, and therapists (among many other health–related professions) that this city produces. Our city also draws healthcare professionals from around the world. It’s easy to obtain these outsourced talents when the city puts great efforts into funding health infrastructure. This past November, both the province and the community contributed 86 million dollars to the Ron Joyce Children’s Health Centre, and the investments are still ongoing. Programs for autism, mental health, audiology, and prosthetic services will be funded with 5 million dollars. What’s more, the centre, which is strategically placed on Wellington St. N, improves access for the families residing in our urban core and is projected to see 700,000 patients within the year.

Hamilton Niagara Peninsula’s Regional Economic Outlook Year Population (000’s) % Change

2012

2013

2014

2015

2016

1,423.00

1,432.60

1,443.00

1,453.00

1,465.50

0.8

0.7

0.9

According to the Ontario Chamber of Commerce website, longer term growth will be further supported by service sectors, particularly heath care, which will serve a growing population. The Hamilton Census Metropolitan Area will drive growth in the Hamilton Niagara Peninsula, while outlying areas expand more slowly.

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Commercial Real Estate & Business Opportunities

The Aging Population

Just as a hospital expansion benefits the soon to be “baby boomers”, Hamilton’s city core is preparing for them too. It’s important to keep in mind that these cohorts are set to move into their golden years over the next few decades. This can pose unique challenges, as tens of thousands of these older adults live in suburbs and can only access important amenities by car. In older years, the likelihood of seniors still being able to drive reduces significantly, which bars them otherwise from being able to obtain essential services. Luckily, Hamilton has already begun the process to revamp its infrastructure to accommodate for these changes. If it’s not our newly added LRT routes, it’s the Smart Streets which include Sobi bikes. In addition to our upcoming LRT changes, the city is in it’s primary stage of providing affordable housing in service–rich, dense neighbourhoods, i.e: closer to the core of the city, and farther away from the more sparsely populated outskirts. As a result of this, older adults can be connected to the services and goods that they need even if they no longer have access to a car.

So What does this Mean?

Hamilton’s property is now becoming very valuable. Whether you are an investor or builder, it is important to realize that the city will need to increase both commercial and lifestyle components to catch the eye of the new urban dwellers. With this comes opportunity for the unique bar you’ve been thinking of, or that fresh bakery with a twist. Especially if these establishments are a short distance from the condominiums in the downtown core. It’s also good to keep in mind that Hamilton is not yet densely populated so there is plenty room for growth.

Sale of Land – Funding larger projects for the city has created new opportunity for investors to purchase land that otherwise would be harder to access. For instance, a momentum of sales recently occurred in Hamilton as to prepare for the new high school in the north end. Trustees voted to sell off $63 million in vacant and excess land in order to make up for a shortfall of funding. Technological Advantage – with the expected growth of the city, there’s more data to collect from citizens and thus “smart cities” are formed. This means potential to better research for your business and is relative to greater citizen involvement. Undoubtedly, people are driven by connection to opportunity and Hamilton has one strong connection. It is called the ambitious city, and with good reason: perfectly situated in terms of geography, possessing an increasingly strong workforce and boasting a surprising natural beauty, it is poised to be the Canadian city of the 21st century. The process that is key to taking us to the next step is urbanization. Through this, Hamilton benefits not only its own citizens and begins bridging a divide, but also sets itself apart as a city unafraid to thrive in the modern world.

Hamilton

Volume 15 Issue 12

Hamilton’s strong geographical location includes its proximity to the United States border, two great lakes, and the Greater Toronto Area.

Perfectly located on 150 James St S, Mezcal captures the essence of Mexican culture while revolutionizing the way Hamiltonians feel about tacos and tequila Visit www.mezcaltnt.com to see their menu and to learn more about their events.

Other factors to consider

The latest rendering designed for the new north Hamilton high school.

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Tax incentives – the trend of urbanization provides exciting possibilities for businesses to collaborate with the public sector. To do so, tax incentives work to entice investments in major urban centers as they become more attractive.

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Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

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Diamond Award Winners

Best Holiday Wishes and a Prosperous New Year ED

Hamilton

LOS

C D&

SOL

S CLO

CAMBRIDGE

39 quality units with mostly 2 bedroom suites.

HAMILTON MOUNTAIN

HAMILTON MOUNTAIN - 68 TOWNHOUSES

DITI

CON

68 townhomes with 2 & 3 bedrooms and lots of surface parking. Gross income of over $850,000. Net income of over $450,000. Asking 8.3 million with 2.5 million down.

Y SO

LL ONA

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9 quality units with lots of parking. Excellent long term investment.

S CLO

HAMILTON WEST

28 quality units with mostly 2 & 3 bedroom suites.

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4915_DJW_0052

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

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Volume 15 Issue 12

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

ramzi@ramzitwal.com www.ramzitwal.com

ASKING $79,900 Building next to Hamilton General Hospital completely gutted for renovation consisting of 4 residential on top floors and commercial on main floor. Building permit is in place and solar panels on the roof for extra income. Please call for further details. MLS速 H317207

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For

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速 H3167190

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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速 H3168166

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Further inFormation:

Hamilton

D L O S

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John hryczynski Broker

(905) email:

REAL ESTATE BROKERAGE

John@BBsrealty.com

www.BBsrealty.com

commercial real estate

real estate sales and leasing serviCes BUILDING & BUSINESS FOR SALE

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. Possible city incentives available.

RETAIL/OFFICE FOR LEASE

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LAND FOR SALE

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.

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RETAIL/OFFICE FOR LEASE

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DOWNTOWN HAMILTON DISTRICT

RETAIL/OFFICE FOR LEASE 4915_DJW_1_0083

CommerCial

529-5900 x 240

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.

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.

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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moneysense

TD SURVEY FINDS MORE CANADIANS CONSIDERING DO-IT-YOURSELF INVESTMENT ACCOUNTS Number of self-directed investors could double within a decade

recent TD survey found that nine in 10 Canadians surveyed who use self-directed investing are happy with their experience, and the number of investors who are managing at least part of their investments directly could double within the next 10 years. About one third (34 per cent) of Canadians surveyed who don’t currently do any self-directed investing say they would consider doing so in the future, joining the 27 per cent of Canadians surveyed who already have self-directed accounts.

“Many self-directed investors tell us they like the flexibility and control of managing their investment decisions, as opposed to thinking it will get them better returns than working with a financial advisor,” said Calvin MacInnis, President of TD Direct Investing.“In fact, most self-directed investors say they have either consulted or still consult a financial advisor to help them.” MacInnis notes that online brokerages need to continue to adapt to client needs. Just over half (54 per cent) of the survey respondents using self-directed investing said there is a lack of information tailored to their specific needs, not enough educational content available on websites, or that websites are too complex and difficult to navigate. “A growing number of our self-directed clients are looking for a suite of professional-level tools, analytics and resources, which are also intuitive and tailored to their unique needs, to help them stay on top of the markets,” said MacInnis.“That’s something we’re providing with our Advanced Dashboard streaming platform and a newly redesigned WebBroker, with a cleaner, more modern look and feel.”

computer for self-directed investing, with just seven per cent primarily using a smartphone. But MacInnis says that’s going to change in the future. “Our survey found that younger Canadians – those aged between 18 and 34 – are significantly more likely than other age groups to use a smartphone for self-directed investing,” he said.“Couple that with the fact that a larger percentage of younger Canadians is already using self-directed investing or is considering opening an account, suggests that the smartphone is becoming a much more common way to access self-directed investments.” To learn more about TD Direct Investing, please visit tddirectinvesting. ca. About the TD Direct Investing Survey: A survey of 1,750 Canadians (848 men and 902 women) was completed online between September 11 and 21, 2015 using Leger’s online panel, LegerWeb. A probability sample of the same size would yield a margin of error of +/-2.5per cent, 19 times out of 20. The data was weighted by the latest Statistics Canada census to ensure representation of Canada’s population by region, age and gender. About TD Direct Investing: TD Direct Investing is a division of TD Waterhouse Canada Inc., a subsidiary of The Toronto-Dominion Bank. About TD Bank Group: The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (“TD” or the “Bank”). TD is the seventh largest bank in North America by branches and serves more than 24 million customers in three key businesses operating in a number of locations in financial centres around the globe: Canadian Retail, including TD Canada Trust, TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investing, and TD Insurance; U.S. Retail, including TD Bank, America’s Most Convenient Bank, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in TD Ameritrade; and Wholesale Banking, including TD Securities. TD also ranks among the world’s leading online financial services firms, with approximately 10 million active online and mobile customers. TD had CDN$1.1 trillion in assets on July 31, 2015. The Toronto-Dominion Bank trades under the symbol “TD” on the Toronto and New York Stock Exchanges.

And though we live in an increasingly mobile world, MacInnis notes that Canadians surveyed overwhelmingly prefer to use a desktop or laptop

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Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

SkyViews Plumbing Preventative Maintenance - Part 1 by Frank Salemi, Municipal Mechanical Services Ltd If you are a building or property manager, it is likely you are also a quick change artist. The ability to change hats quickly is something an excellent property or facility manager is adept at doing. Commercial property managers negotiate rentals with new tenants and stay aware of code changes for all building systems including plumbing, electrical and HVAC. Knowing about laws and regulations for the local jurisdiction, waste removal and fire safety is a job requirement, too. A top concern for managers of properties of all sizes is plumbing systems. Whether the building is an office property, high-rise multi-family residential building or a single-story commercial building, plumbing problems are in a class of their own.

As a minimum, property managers need proof of licensure and insurance. If the work requires them to enter the premises of residents or tenants, getting a firm with bonded employees is important. Water Conservation Makes Cents One leaking toilet can waste as much as 90 gallons of water in 30 days. If you manage a property, this can lead to excessive water bills. When spread over multiple toilets and multiple properties and water bills, running toilets are budget busters. Inspect plumbing fixtures on managed properties and fix leaking toilets and other fixtures that waste water. These repairs are easy and affordable.

Greater Toronto Area

One sign of an experienced and efficient owner or property manager is the ability to solve problems fast and properly the first time. The key to this is to have service agreements with companies you can count on and are comfortable dealing with.

Maintain Your Water Heating Systems We all know that a well-maintained car runs longer and better than a car whose owner doesn't give maintenance a second thought. Equally important, preventative maintenance programs cut the number of repairs and their extent.

Tips for Selecting a Plumbing Contractor An experienced owner or property manager never accepts a plumbing bid over the phone. When approached logically, a phone bid is not a good idea. Is a plumber able to quote a price without inspecting a job? Many new property managers have a rude awakening when the contractor arrives on-site, does the work and presents you with a bill with additional charges. Insist on the contractor coming to your site and making a firm bid based on an inspection.

No Matter What, Metal Parts of Your Plumbing System Will Rust Corrosion happens, as a result of alkaline water, oxygen, salts, sand, sulfates, by-products, rust and sediment from the water heating system. Choose well-equipped plumbing companies with the latest technology such as video scopes to inspect pipes and drains to pinpoint the problem, and its location, then select the best method of repair. Consider different material options that might be more cost effective in the long run like PVC and CPVC.

There are many potential causes of plumbing problems that a phone call cannot analyze. These include tree roots that invade sewer and drain lines, improper installation of original systems and more.

To be continued in the next issue of Commercial Investor... Stay Tuned for more Tips and a Checklist!

Make Sure Your Plumber Has the Right Credentials for the Job As a rule, most provinces require plumbers to license.

Article Provided by: Frank Salemi Municipal Mechanical Services Ltd Tel: 905-794-0800 www.municipalmechanical.com

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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Volume 15 Issue 12

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

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

ASKING

$1,150,000

Investment plaza with 4 retail stores and 7 residential apartments. Minutes to Yorkdale Mall and subway.

$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

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TORONTO

ASKING

4515_DJW_0053

OSHAWA

TORONTO

ASKING

Great investment 9 plex. All brick building in prime location. 8-2 bdrm, 1-1 bdrm. Balconies newly updated. Lots of parking.

Greater Toronto Area

ASKING

10527900_4915

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.

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Detached 6 plex with great curb appeal. 3-2 bdrm, 2-1 bdrm., bachelor. In the west end. ASKING

$1,150,000

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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

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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

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Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

Dedicated Services... Proven Results!!!

Already SOLD over

$130 MILLION

so far this year!!!

$2,000,000

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SAVE $$$ BUYING/SELLING!

www.AJLamba.com

416 502-9944 $1,100,000

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$165,000

Design/Build Opportunity! 12,000Sqft Calling All Investors! Rare Opportunity Work Less Earn More! 11 Yr Est. Place of Worship in Prime Location! for People in Farming & Meat Business Restaurant w/Loyal Clientele For Sale! Close to HWY 401, 403 & 410! ID#CI0910 w/Approx 32 Acres of Land! ID#C5309 Prime Location In Busy Area. ID#CI1090

$85,000

$130,000

$18,000

Greater Toronto Area

Well Est Hair Salon! Prime Mead- Est. 10yr Supplement/Tanning Busi- Great Business Opp! Well Est Beauowvale Plaza Loc for Last 13 Yrs. Loyal ness! Loyal Clientele. In Prime Busy ty Salon in Very Busy Plaza!Very Low Clientelle! Approx 1300Sqft! ID#CI6550 Plaza. Turn Key Opperation! ID#CI6460 Rent & Great Income Potential! ID#CI011 Lamba Realty Group Inc., Brokerage

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ATTENTION INVESTORS

}

*Broker of Record **Salesperson

Do you have children attending the University of Western Ontario?

JUST LISTED on Richmond Row near the University of Western Ontario. These spacious & secure 2 bedroom units are always in demand for students & professionals. Price is just $209,900. Call me & let's add this downtown LONDON condo to your investment portfolio. 4915_DJW_0027

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

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Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

The Direct Source For All Your Mortgage Needs Providing Financing for Commercial and Residential Properties Residential Mortgages (1.95% 5 Year Variable) Private Funds from 4.99% in the GTA - Bad Credit, No Income Verification OK 1st and 2nd Mortgages Lines of Credit Commercial Mortgages Construction Financing Multi-Family Properties - CMHC Insured Up To 85% or Conventional

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Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

Commercial Team In Canada! *

Brokerage Independently Owned And Operated ** +

www.PBcommercialteam.com ** Sales Person

Broker

TORONTO WEST APARTMENT BUILDING

HULLMARK CENTRE OFFICE SPACE C EX

NL Y

PA L

C EX

Greater Toronto Area

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

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

PRIME MISSISSAUGA AUTO LOCATION

OFFICE SPACE! DON MILLS / LAWRENCE

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

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

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

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

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Volume 15 Issue 12

Givalas Real Estate Brokerage

Nick Givalas Broker of Record

Ltd.

(905) 479-4436

email: ngivalas@trebnet.com

INVESTMENT PROPERTY - ROSEDALE / MOORE PARK AREA! COMING SOON! MT Soon PLEASANT CLAIR Multiplex Coming - Rosedale/ /ST. Moore Park Area - Toronto

Fantastic location! Multi residential 4 plex plus 3 basement suites. Private drive with 4 car garage. Great investment property or live in one unit and have tenants pay your mortgage.

Exclusive

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Commercial Real Estate & Business Opportunities

ASKING $3.3M ASKING $2,700,000 ASKING $1,395,000 FORLEASE LEASE $16.00 FOR SALE OR SQ. FT. NET 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.

Greater Toronto Area

D L O S

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.

4915_DJW_3_0060

4915_DJW_2_0062

WOODBRIDGE PLAZA

ASKING $2,700,000

ASKING $1,395,000 FOR LEASE $16.00 SQ. FT. NET ASKING $1,395,000 INVESTMENT PROPERTY FOR SALE 4915_DJW_2_0075

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

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_4915.indd 39

2015-12-04 3:13 PM

Commercial Real Estate & Business Opportunities

Volume 15 Issue 12

INVESTMENT OPPORTUNITY

IN MUSKOKA

11298089_4915

ATTENTION: Investors & Developers

EARN 10% ON YOUR CARE FREE PURCHASE! › Fully managed 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 › In Huntsville, Muskoka 4515_DJW_0043

$2,850,000

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

$2,400,000

For more information call 905-897-9555

homeiwillbe.com/valley

Greater Toronto Area

(PAT)RICK MURPHY Summit Realty Inc. Brokerage

businessbarometer

$950,000

ASSOCIATE BROKER

11302377_4915

SMALL BUSINESS OPTIMISM MUTED IN NOVEMBER

anada’s small business confidence stayed relatively quiet with little change in November, dropping 0.2 points to 58.7 and remaining well below the sentiment recorded in the first half of the year.

“Weak confidence in Alberta and Saskatchewan, and to a lesser degree Quebec, continue to keep the economy well below its growth potential,” said Ted Mallett, Canadian Federation of Independent Business (CFIB) chief economist.“The good news is that concerns about weak customer demand seem to be easing and business owners’ focus is turning to issues around the availability of skilled labour.” On a scale between 0 and 100, an index above 50 means owners expecting their business’ performance to be stronger in the next year outnumber those expecting weaker performance. One normally sees an index level of between 65 and 70 when the economy is growing at its potential. Optimism trended upward for the second month in a row in British Columbia, increasing a point to 66.6. Alberta made a one point improvement to 37.4, but still sits last in the country by a significant margin. Saskatchewan’s confidence fell six

points to 52.7. Manitoba jumped to 68.0. Ontario picked up half a point to move to 63.0, while Quebec dipped to 56.5, remaining just below the national average. Newfoundland and Labrador’s business confidence dropped more than five points to 59.8. Nova Scotia’s confidence slipped to 67.6, but still second-highest in the country. New Brunswick’s confidence made a small jump to 60.5. PEI rose four points to 63.2. Service sector businesses are the most optimistic, closely followed by agriculture, manufacturing and personal services. Resources, construction and wholesale are least optimistic. Employment plans across the country improved, but remain weak compared to last year, with only 18 per cent of businesses planning to hire additional full-time staff in the next few months versus 15 per cent that plan to cut back. Wage-increase plans held steady at 1.5 per cent, but pricing plans have begun to settle, dropping to 1.9 per cent, in part because of recent stability in the exchange rate. November, 2015 findings are based on 879 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Data reflect responses received through November 16. Findings are considered accurate to +\- 3.3 per cent 19 times in 20.

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

Please say you saw it in The Commercial Investor

COM_4915.indd 40

2015-12-04 3:13 PM

Volume 15 Issue 12

8975448_4915

Commercial Real Estate & Business Opportunities

0 ,4 9 00 99 4915_DJW_1_0016

Newly renovated nightclub accomodating 1,400 people. Turn key operation. Rent incl TMI $25,250. Leave available 5+5. 4915_DJW_1_0006

Greater Toronto Area

85 $8 4915_DJW_1_0058

0 00 ,9

25 $5

0/ ,15 ,00 $2 5 0 E $4 EAS L R FO

00 ,0 99

4915_DJW_1_0056

00 ,0

,8 98 ,1 $1

4915_DJW_0009

A completely renovated legal triplex Multi use property on a huge lot with with each unit boasting 2 bedrooms, 1 parking for 50 vehicles. Commercial bath and laundry. H zoning.

4915_DJW_1_0031

Established Middle Eastern restaurant. Located on the 401 corridor. Approx Newly renovated & painted. Located 2.28 acres. Zoned M7. Great investon a busy street. ment opportunity.

4915_DJW_1_0003

4915_DJW_1_0004

Live and work on 1 acre in Norval. Charming farm house with a 4 bay garage/auto shop.

9, 00

Prime Streetsville location. C4 zoning. 2 retail units + 2 apartments with parking for 4. Great curb appeal.

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

,5 9

5, 00

0 9, 00 ,9 9 $1

,0 0

0, 00

Sam McDadi Real Estate Inc., Brokerage

00 $2

00 ,0 $2

Large warehouse. Use as an industrial Brand new. Main floor corner unit. Ap- Boost your sales & exposure in Cana- Central Mississauga. Commercial unit or convert into 5 separate dwell- prox. 1,500 sq. ft. Separate entrance da's largest & only home improvement condo retail unit. Approx. 500 sq. ft. ings. Adjacent 60 x 165 lot included to the 2nd level. Loads of parking. centre. Huge potential. Abundance of parking. in price. 4915_DJW_0010 4915_DJW_0011 4915_DJW_0012 4915_DJW_0013

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

Amazing opportunity to own a successful Coffee/Donut franchise in a very busy plaza.

Established Marble/granite sales, installation & service business. High and Skema logic cutting machine.

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

4915_DJW_1_0060

4915_DJW_1_0061

4915_DJW_2_0006

4915_DJW_1_0035

Please say you saw it in The Commercial Investor

COM_4915.indd 41

2015-12-04 3:13 PM

trebreport

GTA REALTORS REPORT commercial market figures

oronto Real Estate Board President Mark McLean announced TREB MLS commercial real estate results for October 2015. There was 427,842 square feet of industrial, commercial/retail and office space leased during the month and this result represented a year-over-year decline of 39.4 per cent. Industrial space represented almost three-quarters of all leasing activity, with deals completed for a total of 311,943 square feet – down by 39.6 per cent compared to October 2014.

office sales in October, for which pricing was disclosed – down only slightly from 65 deals in October 2014. Sale prices, on a per square foot basis, were up on a yearover-year basis for all three market segments. Similar to the industrial leasing market discussed above, the large increase in the industrial selling price was also due to the lack of large property sales this past October compared to October 2014.

The average industrial lease rate, for properties leased on a per square foot net basis with pricing disclosed, was $5.68 – up by 14.5 per cent annually. However, it should be noted that at least some of this increase can be attributed to the lack of deals for very large properties, which generally lease for relatively less on a per square foot basis compared to smaller properties. The average lease rates for commercial/ retail and office properties were down compared to October 2014. “We have seen volatility in commercial leasing and sales throughout 2015. This falls in line with the fact that there has been a fair amount of uncertainty with regard to the Canadian economy this year as well. It follows that many firms have put their real estate investment plans on hold until the direction of the Canadian economy becomes clearer,” said Mr. McLean. “Looking forward, the GTA regional economy seems poised to outperform from a growth perspective, relative to the rest of Canada. The unemployment rate is markedly lower than it was this time last year and the lower value of the Canadian dollar relative to the US dollar should have a positive impact on export-related sectors,” continued Mr. McLean. There was a total of 63 industrial, commercial/retail and

COM_4915.indd 42

2015-12-04 3:13 PM

THIRD QUARTER 2015: ALL COMMERCIAL LEASE TRANSACTIONS: Per square foot net commercial leasing summary Lease transactions completed on a per square foot net basis with pricing disclosed on Toronto MLS

Leased sq. ft. (Price disclosed, per sq. ft. net) October 2015

October 2014

% Change

Industrial

311,943

516,838

-39.6%

Commercial

45,001

64,477

-30.2%

Office

70,898

124,794

-43.2%

Total

427,842

706,109

-39.4%

October 2015

October 2014

% Change

Industrial

$5.86

$4.96

14.5%

Commercial

$19.58

$21.02

-6.8%

Office

$12.79

$15.25

-16.1%

Avg. lease rate

OCTOBER 2015: Commercial sales completed with pricing disclosed on Toronto MLS Sales (Price disclosed) October 2015

October 2014

% Change

Industrial

-4.2%

Commercial

40.9%

Office

-52.6%

Total

-3.1%

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

Avg. sale price per sq. ft. (Pricing disclosed) October 2015

October 2014

% Change

Industrial

$159.22

$106.75

49.2%

Commercial

$149.63

$142.89

4.7%

Office

$294.00

$271.36

8.3% NOTE: Some table totals may differ due to conversion and rounding.

COM_4915.indd 43

2015-12-04 3:14 PM

Volume 15 Issue 12

10929735_4915

Commercial Real Estate & Business Opportunities

RONAN REALTY, BROKERAGE Each Office Is Independently Owned & Operated

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

Greater Toronto Area

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 4915_DJW_2_0024

Private 10 acre horse farm on Edge of Newmarket in growing East Gwillimbury. Sophisticated 3200 sq ft 4 bdrm bungalow, lush landscaping, forest in front, Artesian spring fed pond, 6 stall barn, shop, paddocks & 70â€™ round pen. Views from every window, 2 wood stoves & 1 gas F/P, hardwood, travertine, designer kitchen, granite, backsplash, solarium, walk out to covered deck, luxe master suite, lower level made for entertainment. $2,095,000 Sarah Lunn* 1-888-936-4216 4915_DJW_0030

111 acres of Farmland in beautiful Mulmur Township with approved building site, 65 acres worked + 35 acres workable. Unlimited pontential! Horse Farm, Working Farm, Private Executive Retreat or Investment Property. Just 2 mins to Mansfield skiing, hiking, biking, 15 mins to Creemore, 20 mins to Alliston, 30 mins to Orangeville, 35 mins to Collingwood, 60 mins to Brampton. $950,000 Sarah Lunn* 1-888-936-4216 4915_DJW_0031

Future Development Land! Located across from Residential Development in the town of Alliston and abutting Developer owned land! 90.4 acres high with 2 road frontages across from Honda of Canada & the Town of New Tecumseth Recreation Center. Ready for Application in next official plan update. Industrial park to the East, South of Residential Subdivision $7,232,000 Marc Ronan*** 1-888-936-4216. 4915_DJW_0032

70+ Acres of Development land adjacent to existing residential growth and construction. Ready for applcation in next official plan update. New subdivisions in immediate area, walk to Honda, Alliston designated provincial growth area. Regional sewage plant upgraded to accommodate growth. $5,659,200 Marc Ronan*** 1-888-936-4216 4915_DJW_0033

90 acres sand loam in Central Essa Township, currently planted with trees, long term investment with approx. 46% of land leased until 2017 + 1 option. Remainder is workable land. Located near Gillespie Trail Development and Baxter. Minutes to Honda and Barrie. $799,900 Marc Ronan*** or Lorne Downey* 1-888-936-4216 4915_DJW_0034

96 acre Development Parcel abutting residential development in New Lowell, just outside growing Barrie. Approximately 88 acres workable land. Located inside the Development boundary expansion area. Large greater Toronto Developer in same area. $1,700,000 Marc Ronan*** 1-888-936-4216 4915_DJW_0035

15 acres - Urban Industrial Zone, ready to go with services available. Beside major users such as Honda of Canada, Gibson Transport, Nissin Transport. Growing South Simcoe and Alliston. Ready to build or owner may divide. $250,000 per acre Marc Ronan*** 1-888-936-4216 4915_DJW_0036

Please say you saw it in The Commercial Investor

COM_4915.indd 44

2015-12-04 3:14 PM

Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

28 Renovated Apts. - Kitchener Corner lot in downtown Kitchener close to retail and office Historic Kitchener – 2 old Mansions converted to rental All utilities sub metered – no elevator or underground parking Future High Rise Development – Mostly one bedrooms

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

35 The Links Road, Toronto, ON, M2P 1T7 / 416-907-8281 p 416-972-9588 f 11302038_4915

William Hicks

Greater Toronto Area

Commercial Focus Realty Inc.

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_4915

Please say you saw it in The Commercial Investor

COM_4915.indd 45

2015-12-04 3:14 PM

Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

11265283_4915

Igor Chouminov President, Broker of Record

416.877.0326 igor@paiirealty.com

PAII REALTY INC.

Brokerage

INVESTMENT AND DEVELOPMENT REAL ESTATE

D L O 60'S

ESTATE LOTS FOR SALE Prestigious

• Exclusive Street in Richmond Hill. • Lots over 60 ft frontage, with Depths of over 150 ft, Private Cul-de-sac street. • Homes in the Area selling over $2.5M to $3M++, Lot Prices Starting at $1,200,000.Please call for Details!

Lots

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

$1.2 Million

1715_DJW_0087

D L O S

15 UNIT TOWNHOUSE DEVELOPMENT SITE RICHMOND HILL

On Exclusive & Private Street Lot Prices Starting at

dexterdevcorp.com

ACTIVELY LOOKING FOR:

RETIREMENT HOME WITH GOV'T FUNDING (OTTAWA AREA)

70 BED HOME GOVERNMENT FUNDED

13 BED DOM/HSC GOVERNMENT CONTRACT

24 BED BOUTIQUE RETIREMENT HOME NEAR LONDON ON

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

$1,550,000

3315_DJW_0060

Generic photo to protect the privacy of residents.

Government funded under the Housing with Support Program (Formerly Domiciliary Hostel). Security of Government funding for Long Term Residents. Same owner for 30+ years. Owner retiring. Priced to sell.

$3,000,000

3315_DJW_2_0021

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

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

$1,300,000

$665,000 3315_DJW_1_0047

Generic photo to protect the privacy of residents.

3315_DJW_0061

Generic photo to protect the privacy of residents.

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

Email: michael@ShmuklerRealty.com

11298178_4915

Greater Toronto Area

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_4915.indd 46

2015-12-04 3:14 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

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2015-03-19 3:47 PM 2015-12-04 3:14 PM

inthenews

CANADA’S ECONOMY WILL INCREASINGLY RELY ON SERVICE EXPORTS AND LESS ON MERCHANDISE TRADE: CIBC Canadian economy will need to be more innovative

n the coming decade, the strength of Canada’s economy will depend on the ability of firms to deliver tradeable, higher-value added products and solutions, finds a new report from CIBC World Markets.

Canada lost more than 10 per cent of its manufacturing capacity in the dark days of the loonie’s overvaluation and the new capacity that will soon emerge will be very different than what was lost,” says Benjamin Tal, Deputy Chief Economist, CIBC World Markets, who co-authored the report Adjusting to The Value-Added Economy with economists Royce Mendes and Nick Exarhos. “Firms focused increasingly on creating solutions as opposed to just building products will take centre stage. Already, trade in service industries, like engineering, architecture, computer and financial services, is larger than traditional measures suggest and will grow even larger.”

Exports of Canadian services have risen faster than exports of goods over the past decade, and more importantly, are three times less volatile than merchandise trade, the report says. The

COM_4915.indd 48

primary reason for this relative stability is that trade in services is more diversified. Unlike merchandise exports, where 75 per cent of trade is done with the U.S., only about 50 per cent of Canadian services exports go stateside. Tradeable goods and services represent as much as 70 per cent of the Canadian economy and 80 per cent of all jobs. Yet, according to Statistics Canada, they account for only 16 per cent of gross exports. “How is it possible that services represent such a small fraction of exports while accounting for 70 per cent of GDP and 80 per cent of all jobs?,” says Mr. Tal.“The answer, your economics 101 professor would say, is that most services are untradeable. After all, you cannot export a haircut.” But, Mr. Tal points out that was more the case 20 years ago than it is today due to the globalization of production and supply chains. “Trade in services is usually nothing more than an afterthought,” he says. “That tendency should change.“ Indeed, the share of exports generated by services is understated in conventional trade statistics, the report says. When looking at the Organisation for Economic Co-operation and Development’s Trade in Value-Added Database (TiVA), which captures every stage of the production process in addition to direct exports, the share of tradeable services in Canadian gross exports is not 16 per cent, but more than 40 per cent, the report says. “If tradeable services were important in the past, they will be even more important in the future,” says Mr. Tal.“It is not a stretch to suggest that, when measured correctly, the value of exports of business services can surpass merchandise exports in the coming decade.”

2015-12-04 3:14 PM

Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

“But, with these changes, there will be challenges,” says Mr. Tal.“Companies will have narrower windows to capitalize on proprietary know-how or products, and current financing avenues and educational models are also not fully equipped to effectively support the new wave of entrepreneurialism.” In the coming cycle, smaller business will get smaller, with new technologies and the power of e-commerce making it is significantly cheaper and easier to establish and run a small business, the report says. The highest concentration of micro businesses will be in the professional, scientific and technical services sectors. “Having access to capital and incubators will be important to the success of these smaller companies,” says Mr. Tal. Most of their early stage funding comes from family and friends or angel investors who are willing to provide early patient capital. Following some lean years in the aftermath of the global financial crisis, venture capital funding has grown, but it remains focused on later-stage investments as opposed to seed and early stage companies, $1.3 billion in 2012 versus just $602 million, respectively. “To truly take advantage of the emerging environment, firms will need to invest heavily in research and development,” says Mr. Tal.

development spending in the country, the report says. Mr. Tal also points out the potential impact of the Trans-Pacific Partnership (TPP) “could be very significant” on Canada’s service sector. While most of the discussion focuses on dairy, auto or forestry industry, TPP actually covers a broad range of services through a ‘negative list’ approach, which means that all service sectors fall under the agreement unless a country excludes them, the report says. The complete CIBC Capital Markets report is available at: http://research.cibcwm.com/economic_public/download/ if_2015-1125.pdf About CIBC: CIBC is a leading Canadian-based global financial institution with 11 million personal banking and business clients and three major business units - Retail and Business Banking, Wealth Management and Capital Markets. CIBC Capital Markets provides integrated global markets products and services, investment banking advisory services, corporate banking and topranked research to corporate, government and institutional clients around the world. Visit www.cibccm.com for more information on CIBC and CIBC Capital Markets. News releases are available at www.cibc.com/ca/media-centre/.

Fortunately, Canadian small- and medium-sized enterprises (SMEs) already account for almost half of all research and

8313781_4915

Bill Byers TEMISKAMING REALTY LTD.,

Central Ontario

Sales Representative bill-byers@coldwellbanker.ca

RESTAURANT Turn key set up, good condition & high traffic location on Hwy #11 in Latchford. Lots of parking, only restaurant in the area. Asking only $89,900. MLS 153116.

COBALT Large solid block 4739 sq' building downtown. Former Grocery Store, recently used for storage by Mining Company. Many possible uses here. Asking only $64,900. MLS 152021

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 4915_DJW_1_0142

4915_DJW_1_0040 4915_DJW_0018

LCBO & GAS BAR Great turn key business on Hwy #65 West, in Kenabeek. Includes Gas & Diesel, Variety Store, LCBO, Lotto, Bottle return, Post Office, large 5 bedroom apartment, garage all on 1.47 acres. Lots of potential here for variety of uses with no zoning. Asking $259,900. MLS 152104

HIGHWAY 11 NORTH

4915_DJW_1_0033

New Liskeard, Northern Ontario

4915_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

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

Please say you saw it in The Commercial Investor

COM_4915.indd 49

2015-12-04 3:14 PM

marketminded

OTTAWA’S OFFICE AND INDUSTRIAL REAL ESTATE MARKETS TELLING OPPOSITE STORIES Colliers International Q3 2015 market report

ommercial real estate in Ottawa told two different stories in the third quarter, according to Colliers International Q3 2015 market report for the region. While commercial industrial market vacancies remained low, commercial office market vacancies increased, leading to aggressive deals from a number of landlords in order to minimize the impact of large-scale tenants leaving their buildings.

“The Ottawa office market remains a tenant market because of current vacancy levels,” said Warren Wilkinson, Colliers International’s Senior Sales Representative in Ottawa.“As a result, tenants remain in a good position to improve the terms of their leases, or rent office space of high quality at preferential rates.” COLLIERS OTTAWA OFFICE REPORT Commercial office vacancy across Ottawa increased to 11.9 per cent as of the end of the third quarter, a drop of 0.5 per cent from the second quarter. The downtown office submarket, which comprises 42 per cent of all office space in the city and the Kanata submarket continue to be the most sought-after regions for prime office space.

and its various departments continue to have the biggest impact on office space in the marketplace. Any real estate shifting within the federal government can have a domino effect throughout the market. The federal government’s downsizing and relocations strategy is still affecting the market. When the Department of National Defense leaves the downtown core, the repercussions could be substantial,” said Wilkinson. COLLIERS OTTAWA INDUSTRIAL REPORT The commercial industrial market in Ottawa is one of continued strength. Industrial vacancy rate in Ottawa remained low in the third quarter, though it slightly increased to stand at 3.9 per cent. This low vacancy remains even as the velocity of deals and market activity remains steady quarter over quarter, and increasing slightly over the past three months. “Change in the industrial market is unlikely to come rapidly as there is no new inventory being added to the market,” said Wilkinson.“Buildings that are available receive steady activity and interest in well-located, good quality industrial space has started to increase, and interest in industrial buildings remains high.” This Colliers market report showed the Ottawa suburban industrial markets enjoyed positive absorption in the third quarter, with vacancy rates at their lowest in 39 months. There is some potential for further growth in this sector resulting from major capital projects currently underway and funded by the City of Ottawa and provincial government. “The majority of tenant demand in the Ottawa industrial market is coming from the 2,000 to 10,000 square foot occupier segment,” added Wilkinson.“Tenants within that size range are typically looking for industrial space with existing improvements in order to reduce their day-one occupancy costs. Visitcollierscanada.com and follow on Twitter @collierscanada.

The Colliers report showed that although tenants are currently in a positive negotiating position, the projected market recovery in the next 12-24 months may end the current attractive landlord offers available. “As with any national capital, the activities of the federal government

COM_4915.indd 50

Warren Wilkinson Senior Sales Representative Colliers International Ottawa, ON

2015-12-04 3:14 PM

NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION COVERING: Lindsay Peterborough Port Hope Bowmanville

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

NewSectionPages_FullColor2015.indd 11 COM_4915.indd 51

2015-03-19 3:47 PM 2015-12-04 3:14 PM

Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

“Your Commercial Connection in Eastern Ontario!”

jamie@ekortrealty.com

www.ekortrealty.com 8305397_4915

PRIME DEVELOPMENT SITE

RESTAURANTS/APARTMENTS

RETIREMENT HOME

4915_DJW_0064

4915_DJW_0065

4915_DJW_1_0089

RK L PA TE O M

• 4 acres • Currently 30 unit motel • Under receivership make and offer

• Includes all restaurant equipment (as-is) • Retrofit up to 12 resident units (now vacant) • Commercial tenant - Cafe Gourmet Diem

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

www.chinagate.ca ASKING $395,000!!!

www.stirlingtowers.com ASKING $2.2 MILLION

EXCELLENT INVESTMENT PROPERTY

GREAT INCOME GENERATING PROPERTY

INVESTMENT PROPERTY

4915_DJW_3_0080

4915_DJW_4_0081

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

• • • •

www.15victoria.com ASKING PRICE $750,000

• • • •

50 SLIP MARINA

4915_DJW_1_8091

Located across from Hospital 18,000 s/f total rentable area Spaces are separately metered for utilities Medical Clinic and Pharmacy main level

www.ekortrealty.com ASKING PRICE $579,900

D L O

• Over 5 acres with 600 ft of water front • Includes Owner's water front home with pool • Includes 9 year round rental properties

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 INVESTMENT PROPERTY

• • • •

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

www.stillwaterbasin.com ASKING $1.3 MILLION

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

INVESTMENT PROPERTY

9 McFARLAND DRIVE, PICTON

13 MACSTEVEN DRIVE, PICTON

4915_DJW_3_0078

www.274dundas.com ASKING PRICE $2,980,000

4915_DJW_3_0090

• • • •

4915_DJW_1_0103

Eastern Ontario

4915_DJW_1_0177

MEDICAL BUILDING

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

4915_DJW_2_0102

D CE L U L D E RE O S T

4915_DJW_2_0078

www.parkmoteltrenton.com ASKING $2.5 MILLION

2 commercial tenants 2 residential tenants Separate metres Fully occupied

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

• 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 adn Plumbing business • Equipment and Inventory available for sale

www.13macsteven.com ASKING PRICE $459,000

Please say you saw it in The Commercial Investor

COM_4915.indd 52

2015-12-04 3:14 PM

Volume 15 Issue 12

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

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

CAYUGA â€“ MULTI-USE COMMERCIAL BUILDING ON HWY #3

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_4915

11279879_4115

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

GRAVEL PIT - $925,000

237 Acre licensed class B gravel pit on 245 acres with approximately 3 million tonnes of aggregate, maple and cedar bush, 20 minutes to HWY 401. 4915_DJW_0044

$375,000

Downtown commercial building with main floor bakery/restaurant and upper level living quarters. Busy tourist area close to wineries. Prince Edward County. 4915_DJW_2_0091

$600,000

Sales Representative

matthew@cookeproperties.com

$450,000

Eastern Ontario

ProAlliance Realty Brokerage

5250 SF Commercial building with triple net lease until 2016 plus fully rented stone duplex, on 1 acre lot, less than 1 km from HWY 401. 4915_DJW_0045

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

$25/PSF

$17/PSF

4915_DJW_1_0088

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 4915_DJW_1_0092 4915_DJW_2_0093

Please say you saw it in The Commercial Investor

COM_4915.indd 53

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inthenews

NEW YORK’S UPPER FIFTH AVENUE WORLD’S MOST EXPENSIVE REAL ESTATE Report reveals most expensive retail real estate around the globe

ew York’s Upper Fifth Avenue is the most expensive retail street in the world with rents rising to US$3,500/sq. ft. in 2015, which is nearly 50 percent more expensive than second place Causeway Bay in Hong Kong, according to a global research report out today from Cushman & Wakefield.

COM_4915.indd 54

2015-12-04 3:14 PM

Avenue Champs Élysées in Paris retained its crown as the Cushman & Wakefield’s Main Streets Across the World report most expensive retail location in EMEA, followed closely by tracks over 500 of the top retail streets around the globe, London’s New Bond Street. Strongest rental growth this year ranking them by their prime rental value utilizing Cushman was recorded in Dublin’s Grafton Street and Covent Garden & Wakefield’s proprietary data. The 27th edition of the report in London, as well as in top high streets in Milan and Rome. shows that rents have risen in 35 percent of streets around However, high streets the world - despite in Russia and Ukraine the increased global GLOBAL HIGH STREET RETAIL DESTINATIONS INCLUDE: experienced sharp uncertainty experienced declines linked to the over the past 12 months. Fifth Avenue (New York) - US$3,500/sq. ft./year conflict between the two The report also includes countries that yielded a ranking of the 65 most Causeway Bay (Hong Kong) - US$2,399/ sq. ft./year slowdowns in economic expensive streets – the Avenue des Champs Élysées (Paris) - US$1,372/sq. ft./year growth and retail sales. top one per country.

New Bond Street (London) - US$1,321/sq. ft./year

Justin Taylor, Head of EMEA Retail at Cushman Via Montenapoleone (Milan) - US$1,035/sq. ft./year & Wakefield, said: “Improving employment Bahnhofstrasse (Zurich) - US$894.6/sq. ft./year prospects, rising real The Ginza (Tokyo) - US$881.9/sq. ft./year wages and healthier consumer confidence in Myeongdong (Seoul) - US$881.8/sq. ft./year advanced economies are set to offer more positive Kohlmarket (Vienna) - US$478.2/sq. ft./year momentum for the retail Kaufinger / Neuhauser (Munich) - US$459.6/sq. ft./year sector. From an EMEA perspective, despite any economic and political uncertainties Regionally, the United in certain countries, the retail market is expected to see States represents seven of the Top 10 most expensive cities further improvements. Indeed, a strong retail sales growth in the Americas, with Toronto, Rio de Janeiro and Vancouver forecast, robust occupier demand and a lack of supply in many at sixth, seventh and eighth, respectively. Seattle posted the locations mean rents will keep rising in the most popular high highest rent growth in the U.S., up 27.3 percent to $70 per streets. sq. ft., while Los Angeles’ Rodeo Drive corridor posted the “Indeed, tight availability is shaping the retail landscape, highest retail rents outside New York at $800 per sq. ft., a 23 pushing the geographic boundaries of well-established high percent increase. Strong tourism and a vibrant local economy street markets outwards,”Taylor concluded. make San Francisco’s Union Square a market to watch with its 1.1 percent vacancy, $650 per sq. ft. rents and 13 percent In Asia Pacific, there has been a downward pressure on rents rent growth, which follows 21 percent rent growth for the on the back of weaker retail sales and slowing tourism in same period through mid-2014. Similarly, Chicago’s Michigan China, particularly. This has resulted in lower rents, which is Avenue posted 8.2 percent rent growth with average retail creating incentives for more international luxury brands and rents of $525 per sq. ft. high street retailers to move in. However, interest rate hikes by the Chinese government could impact consumer spending At $320 per sq. ft., Toronto’s Bloor Street retail corridor was power. Elsewhere, high-profile international retailers are the most expensive high street in Canada, while Edmonton’s targeting both Australia and New Zealand and Metro Manila. Whyte Avenue was the most affordable in the Americas at $45 per sq. ft. Theodore Knipfing, Head of Retail, Asia Pacific at Cushman & Wakefield, said: “The outlook for Asia’s overall retail market is Gene Spiegelman, Vice Chairman, Head of Retail Services, largely positive, with retail sales growth averaging 8.5 percent North America at Cushman & Wakefield, said: “The Americas over the next five years (in U.S. dollar terms). Rising tourist region is expected to sustain a positive trajectory going numbers are spurring robust and sustained retailer demand – forward into 2016, bolstered by a steady consumer sector albeit firmly focused on prime, well-located space. Although benefiting from a material reduction in energy costs and stable the growth of e-commerce is notable across the region, employment expectations, especially in the U.S. Retailers will physical stores will remain important, although landlords will continue to add physical stores to support their expansion need to focus on improving the shopping environment and plans while at the same time optimizing their footprint customer experience in order to compete for retailer demand.” to respond to the ongoing evolution of ‘clicks and bricks.’ International luxury brands will continue to dominate the high street, providing a boost to the key destination cities with high exposure from tourism and strong foot traffic.” Once again, New York’s Fifth Avenue retained its position as the most expensive global retail location. By the second quarter of 2015, rents reached US$3,500/sq. ft., an increase of 3.6 percent year over year and 46 percent above the second-placed Causeway Bay in Hong Kong (US$2,399/sq. ft./year).

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NIAGARA

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

Welland Fort Erie Beamsville Fonthill Port Colborne

For advertising

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

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

NewSectionPages_FullColor2015.indd 14 COM_4915.indd 56

2015-03-19 3:48 PM 2015-12-04 3:14 PM

Volume 15 Issue 12

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_4915

Wishing You a Merry Christmas & a Happy, Healthy New Year! Estate sale in N.O.T.L. 6 Acres of 50 acre vineyard residential planted to cab sauv, development land pinot gris, sauv blanc in Jordan Station. & pinot noir. Over 7000 Surrounded by new vines planted in 2015. All tiled drained. the Greenbelt, Property has 2 road vineyards & frontages. Great orchards. All city for a winery or vineyard income! Existing services at the road! Only mins to the QEW & location farm house & barn of no value. Full list of varieties & all amenities. $3,300,000 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

Country property within minutes from town. 20+ acres cash crop land, corner of Balfour & Kilman Rd in Pelham. Great location to build that dream home. Super hobby farm location waiting for outbuildings & barns to be built. Start a nursery, greenhouse etc, etc. Land is slowly becoming scarce in the Niagara region. Invest now & cash out later. $249,800 43+ acres of land. Great investment & dream home location. Private access off south Pelham Rd & frontage on Gaiser Rd which is unopened at present. Unbelievable wildlife on this parcel with Coyle Creek running through it. Bush & overgrown pasture land. All city services. A part of paradise yet so close to amenities. $499,800

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

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

Licensed Full-Time since 1986 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

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 Contact Paul for details and purchasing of land and within a short walk t the options. Check out my website for further shores of Lake Erie. Owned by one information at www.paulsipos.com of Niagara's premier assisted housing 4915_DJW_3_0084 companies. Turnkey operation.

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 Contact Paul for details and purchasing warehouse. Strategically located near the options. Check out my website for further downtown and next to the sights of the information at www.paulsipos.com Welland Canal. Large exterior deck. 4915_DJW_4_0085 Turnkey operation with purchasing options.

281 WELLAND ST., PORT COLBORNE $28,500

17 CLARK ST., PORT COLBORNE $24,700

Great location for this large lot. Zoned highway commercial. Many uses.

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

Open to offers. Flexible Terms

VACANT LOT

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

Contact Paul Sipos @ psipos1@cogeco.ca

Niagara Peninsula

8181464_4915

Paul Sipos

Open to offers. Flexible Terms

VACANT LOT

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

4915_DJW_1_0113

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

4915_DJW_2_0112

Please say you saw it in The Commercial Investor

3:48 PM

COM_4915.indd 57

2015-12-04 3:14 PM

What our clients are saying about us “SOLD! Thanks to the Commercial Investor ” - Larry Bilkszto

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 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

Oct 10 -

INCORPO

D L O S

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 2914_DJW_0044 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

Nov 7, 2015 , Volume

Full Coverag

15 Issue

RATING FRANCH

e Area Incl

uding Win

ISE AND BUSINESS

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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

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UNITIES Kingston

ORAN APARTMEN GEVILLE T BUILDING

31-SUITE

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; baseboard one 2014, (ownedgas hot-water tank ); all bathroo 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 3715_D JW_001 9

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ASKING $1,198,800 3+ Acres development site. Land zoned for townhouse & semi-detached homes, 64 units in total, 52 townhomes & 12 semi detached units. Close to St. Catharines new hospital facility. Walking distance to many amenities. All city services.

Other locat

FC_4115

FREE SU

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!

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

LE R SA FO

businessbarometer

NATIONAL JOB VACANCY RATE UNCHANGED IN Q3

anada’s national job vacancy rate held steady in the third quarter, according to the Canadian Federation of Independent Business’s (CFIB) latest Help Wanted report. Approximately 326, 600 full time, part time and temporary positions remain unfilled across the country due to a lack of qualified candidates, accounting for 2.6 per cent of positions.

“While the national rate has held steady, it is masking some counteracting regional developments,” said Ted Mallet, CFIB chief economist and vice-president.“The weakening labour markets in Saskatchewan and Alberta have seen their vacancy rates drop dramatically, but we’re seeing a significant rise in rates in British Columbia and Prince Edward Island, as well as a modest increase in Nova Scotia and New Brunswick.”

British Columbia now has the highest vacancy rate in the country at 3.0 per cent, representing 48,700 positions. Nova Scotia has the lowest at 2.2 per cent, representing 6,600 positions. Service sector vacancy rates have risen modestly, while goods producers have seen a decline. Vacancy rates are more than double in micro businesses (one to four employees) than in large enterprises (500 or more employees). The survey also shows a continuing clear relationship between job vacancies and wages. Businesses with vacancies reported planned average organization-wide wage increases of 1.8 per cent in Q3 2015, while those fully staffed reported a half-point less at 1.3 per cent. CFIB is Canada’s largest association of small- and medium-sized businesses with 109,000 members across every sector and region.

Newfoundland and Labrador, Quebec, Ontario and Manitoba saw little change from last quarter.

COM_4915.indd 58

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Volume 15 Issue 12

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

Tony Tripodi Broker

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

10331793_4915

Commercial Real Estate & Business Opportunities

INDUSTRIAL * COMMERCIAL * INVESTMENT

REDUCED $719,000

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.

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. Open for offers. 4915_DJW_1_0108

4915_DJW_1_0109

WANTED

BEAMSVILLE

Niagara Region â€“ Apartment buildings Minimum 12 units and to 100 units. Out of the country qualified buyer. Fast closing, if necessary.

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. 4915_DJW_3_0037

For confidential information please call Tony Tripodi, Broker Direct line 905 323 7064. Cell 289 241 6954 Email: tripodi@sympatico.ca

www.hometownrealestateteam.ca 11298870_4915

Carlie Smith

SALES REPRESENTATIVE

Direct: 905-650-4741

Michael Smith SALES REPRESENTATIVE

Licensed Assistant to Michael Smith

Office: 905-834-9000

Niagara Peninsula

265 MAIN ST, PORT COLBORNE $329,900

One of Port Colborne's most established family restaurants, featuring 70 seat dining room, 30 seat bar area and bonus 30 seat private room. Functional fully equipped kitchen with walk in cooler and bonus basement storage and prep space. 2 or 3 bed upper apartment with patio, ideal for on site owners or possible rental. This property is ideally located in the heart of town but also on Main St/Hwy 3 with thousands of passers by daily with on site parking this property has it all and is truly turn key with a menu to satisfy all or a canvas to create your own possibilities! 4915_DJW_0028 4915_DJW_0029 Please say you saw it in The Commercial Investor

COM_4915.indd 59

2015-12-04 3:14 PM

moving

THE BUSINESS OF BUSINESS-TO-BUSINESS MOVING

hen it comes to commercial and office moves, at Two Men and a Truck – Canada, we understand that businessto-business clients value three major things: that the job is completed on time as promised, on budget and with no disruption to their “business as usual.” This may involve professional offices, retail stores, educational facilities or any other type of organization. The focus on budget and timing is understandable, and a good mover will work toward a seamless transition from Point A to Point B. The first thing to establish is a chain of communication. Usually, this means interacting with a move coordinator for the client. Often times that’s a role we will play. On the mover’s, someone should be set up as a consultant dedicated to the move. This professional works with the client coordinator to shepherd the logistics. Each business-to-business move is different, and it’s up to the mover to determine what equipment is necessary. For example, the mover may need to use library carts, computer carts, elevator door jamb protectors, carpet protection and the like. They should also have special anti-static bubble wrap for computer

COM_4915.indd 60

By Chuck Resnick

equipment. Another element the coordinator handles is connecting with the appropriate commercial/office management company in order to find out about, and adhere to, rules and guidelines for elevator usage, truck parking, etc. If the move calls for equipment or specialized expertise, the coordinator should arrange for the specialized service. An example would be tearing down cubicles, disconnecting computers and electronics at the destination site and reassembling them. Space-planners are needed to accomplish this part of the move, especially when it comes to the cubicle set up. Interestingly, office moves are usually done with totes rather than boxes. There are a number of things that will need to be provid such as labels and security ties for the totes. Each person’s office items are transferred to the appropriate office at the destination. Good labeling helps to achieve successful residential moves, and with a business-to-business move, it takes on even greater importance. Another big help is to have floorplans of the offices at both ends of the move, which of course, aids in labeling what goes where, as well as the order in which items are packed and taken off the truck. All this is organized and orchestrated by the coordinators, and often a mover will do these moves after hours and on weekends to minimize disruption during usual work hours. If the move has to be completed during those hours, it is best to limit employee participation as much as possible. The goal is to make things as easy as possible on employees and customers. In the end, the key to a successful business-to-business move is to develop a plan with clear and well-defined goals. Having someone on each end that is responsible and accountable for the event. Those booking a commercial or office move will want to check into the company’s track record and look at any testimonials reflecting the work. In any kind of move, everyone should be happy when the last box is put into place. The best way to ensure this level of satisfaction is to plan ahead, be organized and keep the lines of communication open.

Chuck Resnick is Vice President, Marketing & Operations at Two Men and a Truck – Canada. Visit www.twomen.ca

2015-12-04 3:14 PM

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

NewSectionPages_FullColor2015.indd 16 COM_4915.indd 61

2015-03-19 3:48 PM 2015-12-04 3:14 PM

Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

Your Real Estate & Investment Specialists Mortgages

1.888.330.3866

#12051

info@profunds.ca

www.profunds.ca

The Pro Funds’ Client Experience: Flipping Properties with Zero Down

Pro Funds Mortgages is happy to announce a new article series, The Pro Funds’ Client Experience. These articles will feature a variety of clients sharing their knowledge and experience in dealing with Pro Funds to accomplish their real estate focused endeavours. Here is Andrew Hines, a Mortgage Agent and borrower with Pro Funds who shares how he has utilized private funding to acquire and build and income property. Rewind to May 1st 2015. Closing day. It was finally coming together. The results of 2 months of planning, due diligence and a whole lot of waiting were finally paying oﬀ. And I mean literally, my lawyer actually called me to let me know that I was getting a cheque for $73 upon closing of my purchase of a beat up old rental. Wow, just when I thought buying real estate couldn’t be any more rewarding. The deal looks something like this: I buy a property with zero down, receive funds which are held in trust to pay for my renovations and expenses, and then I sell the property and get paid. Not a bad deal…? “How is this possible”, you might ask? Well real estate is a business. And like any good business, flipping requires a good business plan. From the beginning I made sure that I knew my numbers. When I found the property, I knew what it was worth, I knew what it could be worth and I knew what I would have to put into it to get that value. So what did I do? With the help of Pro Funds, I found a few private lenders to lend me the entire purchase price and renovation cost, in addition to my interest payments for the 6-month period I allotted myself to do the work. As anyone thinking about flipping a property knows… you don’t get paid until you sell. So paying things like mortgage payments and property taxes during the process can become a burden. For me, being able to borrow the money to cover those items made it that much easier to get through the process and prevent any new grey hairs from forming just above the sideburns. There was some heavy lifting along the way and a few not-so-helpful contractors… But I think the memory of taking a chimney down piece-by-piece using a sledge hammer will always stick with me. That was fun. Business Investor

(continued on next page...) 9649286_4915

Pro Funds Mortgages | 3410 South Service Rd. Suite G5, Burlington ON L7N 3T2 | www.profunds.ca Please say you saw it in The Commercial Investor

COM_4915.indd 62

2015-12-04 3:14 PM

Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

Your Real Estate & Investment Specialists Mortgages #12051

1.888.330.3866

info@profunds.ca

www.profunds.ca

The Pro Funds’ Client Experience: Flipping Properties with Zero Down

So how can you structure your very own “zero down flip”? 1. Know your numbers - See a lot of properties, find out what they are selling for, both before and after the proposed renovations, and build yourself a buﬀer of 20% over and above what you think it will cost. Talk to contractors, get estimates and be ready to play hardball if needed. 2. Back it up – Start the process with comparable sales (your realtor can help with this) this is how you’re going to convince your lender that you can actually get the property sold for what you think you can sell it for at the end of the day. If they’re going to lend you money they need to know you have an “exit strategy”. Be sure that you’re very clear on what yours is. Good mortgage brokers will require an appraisal because they have an interest in making sure everyone is protected. You should expect to provide an appraisal for the property “as is” and “upon completion” of the proposed renovations. 3. Work with a broker that focuses on creative financing – I’ve worked for, and used Pro Funds Mortgages for financing for 5 years now. Knowing I can get real estate financed has allowed me to be a lot more aggressive with my real estate acquisitions. 4. Be willing to give up other collateral – my portfolio is an open book when it comes to getting new money. I put up one of my other properties to avoid putting any money down on this deal and I would do it again in a heartbeat. The ease and speed of operating this way allows me to do more than I ever could with a bank.

Visit www.profunds.ca for more program details and mortgage applications. Contact 1.888.330.3866 and speak to one of our underwriters to start the process. 11289457_4915

Pro Funds Mortgages | 3410 South Service Rd. Suite G5, Burlington ON L7N 3T2 | www.profunds.ca

Business Investor

If you’re thinking about doing a flip of your own or are wondering how you can leverage your existing properties to purchase a property with little or zero down, contact Pro Funds Mortgages at 1-888-330-3866 or info@profunds.ca.

Please say you saw it in The Commercial Investor

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Volume 15 Issue 12

Commercial Real Estate & Business Opportunities

R DE UN FFER O

MANUFACTURER OF SPRAY GUN CLEANERS The Company manufactures spray gun cleaners, parts washers, and solvent recyclers for use primarily in the automotive and printing industries. The business is well organized with 60 trained employees, good infrastructure and a 80% level of repeat business. Revenues are in the $7.0.

POOL & SPA EQUIPMENT SUPPLIER

EQUIPMENT & DIES MFG.

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.

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.

R DE UN FFER O

NDT PROVIDER

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

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.

ATLANTIC PROVINCES OPPORTUNITY WHOLESALING MEAT TRADING AND DISTRIBUTION Distributor of various meat products, selling to food services, retail and brokers throughout the Maritimes. Operating over 35 years with 9 FT employees and generating Revenues of $43.0 Million and EBITDA of $1.6 Million range

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.

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.

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

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 OFFER

Business Investor

ATLANTIC PROVINCES OPPORTUNITY

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.

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.

“Selling Your Business is our Business” 416-782-5222

8157086_4915

Please say you saw it in The Commercial Investor

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Mazhar Roshan Sales Representative

Direct

905.318.3800 24 Hr. Pager 647.609.9463 GTA Direct mazharroshan@sympatico.ca OTTAWA STREET - HAMILTON - $449,900 Great location, South of main triplex with four (4) pc w/rooms, 3 full kit, 1 rough/in kit. Totally updated, hardwood, pot lights, 3 hydro meters & hwts, nice income generating property currently vacant. Close to Schools, Shopping on bus route. Was rented for $2800 p/m.

4915_DJW_0021

GUELPH LINE, BURLINGTON - $89,900

BUSINESS FOR SALE - $139,900

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

BURLINGTON BUSINESS FOR SALE - $59,900

Desirable location close to McMaster, Columbia College, high school and student residential area. Doing over 5000 per week in sales and growing on daily basis. Well equipped middle eastern restaurant. Ideal for family or business, minded person. Located on Mountainside in Burlington. Business operates six days a week. 4915_DJW_0023 Reasonable rent and lease. 4915_DJW_0022

SALVAGE & WRECKING YARD - $990,000

Well established auto related property and business with 4 bedroom house in Norfolk county, property includes, Salvage yard, Scrap business, Long established Thai restaurant in the heart of Burlington 3 bay garage with 2 hoists, 3 bay separate garage with paint booth for doing over 22K p/m. Good for family business. For more body shop also 2 more building for storage or any other related use. details call LBO 4915_DJW_2_0032 4915_DJW_2_0041 Over 3 acres with MD zoning, call LBO for details.

FORT ERIE - $119,900

BROKERAGE

BURLINGTON - $79,900

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. 4915_DJW_1_0021

BURLINGTON - $119,900

EAST HAMILTON

In the Heart of Burlington, plaza location fully equipped pizza parlour, doing over 200K per year. Good for family operation. Call for more information. 4915_DJW_2_0020

Long established. 30 years in business. Great location. No other competition in the area. Doing approx. $35,000 in monthly sales. Call for more information. 4915_DJW_1_0018

PRIME LOCATION - $1,099,000

BUSINESS FOR SALE - $199,900

DESIRABLE ANCASTER LOCATION

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 4915_DJW_1_0084 due diligence.

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.

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. 4915_DJW_1_0027

PLAZA FOR SALE - $1,485,000

DOWNTOWN - HAMILTON $1,500,000

MOTEL FOR SALE - $579,000

Long established, fully equipped, well maintained pizzeria located in the heart of the business area in Fort Erie. New High School to open in walking distance soon. Short business hours, steady clientele, long lease. Call LBO for more information and appointment.

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8148414_4915

905.929.9800

HomeLife Results Realty Inc.

FO R

d s

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REDUCED $800,000

Rare find Commercial Plaza with anchor tenant. Net income is 104K, offered at 7% cap rate. 4915_DJW_1_0085

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. 4915_DJW_2_0018

R BY ED $5 UCE 0, D 00 0

s y

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. 4915_DJW_1_0068

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legallyspeaking

I’m cold – I want to buy something in the south! By Jayson Schwarz & Susan Legge

anadian winters being what they are, many of us flee for either short term, or long term holidays to the sun, sand and heat, at various times of the year. When we are there, we are drawn to the siren song of permanent ownership. Maybe it is the urge to plan for retirement or the certainty of having somewhere of your own to go to, year after year.

Really, what are you buying? Are you buying a timeshare, outright ownership or a long term lease? More and more questions. Here is a list of a few questions that need to be answered on a preliminary basis on a resort or new condo purchase before you dive into an in depth review:

Home ownership in another jurisdiction has a slew of considerations that are complex, and at times can be overwhelming. There are estate tax considerations that come up – especially in Florida where you may require a specially designed “Florida Trust” (that a qualified Canadian lawyer can draft for you) to avoid Uncle Sam, as a partner with your kids after death. There are issues of law if the country does not have a British system, and in fact runs on civil or Napoleanic law; Martinique and St Martins are examples. There may be issues of property ownership by foreign nationals requiring some local lawyer to hold your property as trustee.

Here is the first test. How does the resort or sales centre answer those questions? Did they satisfy you with their knowledge and professionalism? Did they try to push you into signing something without the opportunity to consult with a lawyer?

The next issues relate to the vendor. Are you purchasing from a reputable organisation? If condo, how are you sure the developer will be around if things go wrong? What guarantees are there on your deposits if he goes broke and does not finish? Hmm, sounds like a lot, but it was so easy to sign up during the tour.

1. Location. Why are you choosing this location for a second home? 2. How much time will you spend in a typical year in your second home? 3. Will you typically bring friends and family, or not? 4. What are the common fees, and how are they set and controlled? 5. What are resales like for the development? 6. What is the legal structure and laws that apply in the country you are looking at purchasing? 7. Would you rent the property? If so, what are your expectations and needs on rental income?

If you have an intention to buy, make inquiries and find a lawyer referred to you by your lawyer at home, or friends, that can satisfy and protect you at each level. You need to understand the tax implications to you, and more importantly, the implications if you sell for a profit. As an example Barbados is a Canadian tax treaty partner and you may get favourable consideration on a capital gain – or if structured properly – on rental income. There is no tax in Turks and Caicos, and therefore you would only be subject to tax as normal at home. Each country is unique and needs a lawyer or accountant to help you figure it out. Buying a second home in the warmth is a dream many Canadians share, and properly structured, can bring years and years of happy memories and quite possibly a great return down the road. Good luck. Jayson Schwarz LLM is a Toronto business and real estate lawyer and partner in the law firm Schwarz Law LLP. If you have questions, use the web site, www.schwarzlaw.ca and email info@schwarzlaw.ca with your questions, concerns, critiques and quandaries.

Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Susan Legge is the editor in chief and Director of Content of YP Next Home and can be found at Susan.Legge@ypnexthome.ca

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SPOTLIGHT SECTION •

DAN GRAHAM

Wilfred Mcintee & Co. Limited Brokerage 181 High Street. Southampton, ON NOH 2LO. Phone: (519) 797-5500

Virtual Tour: tours.photolink.ca/428653

DAN GRAHAM UNIQUE COTTAGE RENTAL BUSINESS $650,000 21 1st Ave. S., Saugeen Reserve #29 - Unique, profitable & well established Sales cottage rental Representative business! Located on the sandy shores of Lake Huron and one of Ontario's most desirable destinations known as 'Sauble Beach'...famous for world class sunsets and 11 km of uninterrupted sand beach! Offering 15 Classic-Style Cottages, 2 & 3 bedrooms, fully furnished and well equipped with appliances, newer mattresses & BBQ's. Situated on leased land on 2 separate parcels. Excellent rental income and strong repeat clientele. Many upgrades done in recent years. This outstanding opportunity deserves your attention. Call today for additional information and a private tour of this exceptional property!

• •

E-MAIL ME 24fl dan.graham@mcintee.ca

Call oi textl 226-668-3008

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4915_DJW_0019

11303351_4915

KITCHENER, ON 519-570-4447

OFFICE:

EASY FINANCING VTB UP TO 50% LTV AT 4.5%!! TOTALLY RENOVATED RESTAURANT WITH ATTACHED HOUSE

ROY CLEEVES Broker

Cell: 519-841-0559

www.callcleeves.com

Amazing opportunity for live/work situation. 50 seat restaurant with all newer equipment fully owned (except propane tank) lots of parking included-even for truckers. Large lot allows for future expansion or leave as enjoyable green space. 1450 sq ft. 3 bedroom home attached. Owners will complete the finishes on this space for buyer (estimate 20 days for this work to be done). Additional commercial space of 24 ft x 24 ft facing road which is ideal for retail or business office. Easier to finance as owners will do a vendor take back up to 50% LTV at very reasonable 4.5% interest rate.

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

519-418-4663 OFFICE

Brady Werth KEMPSTON & WERTH REALTY LTD. CELL

NEW PRICE $525,000

11301301_4515

519-291-7769

2115-DJW-0001

SALES REPRESENTATIVE

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.

Tina Ciraolo

Raj Solanki

Sales Representatives

CH Real Estate Corp. Brokerage 161 Rebecca St. Hamilton, ON L8R 1B9

905-577-7700

$3800/MONTH + UTIL. WHOLE BUILDING Downtown Burlington! Prime office space available very conveniently located on busy corner near James/Brant, with short stroll to Lakefront. Recently renovated. Sunny and spacious - approx 1600 sq. ft. Can be fully occupied as office space or fabulous Live/Work accomodation. Kitchen + 3 pc bath on 2nd level. Includes 4 parking spots, 2 entrances, lots of built-in storage. Available immediately. See virtual tour at www.venturehomes.ca

4115_DJW_0003 4915_DJW_0061

THE COMMERCIAL INVESTOR SPOTLIGHT COMM_GLOSS_4915.indd 13

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

2015-12-01 3:06 PM

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4 BAY SELF SERVE CAR WASH. LOW MAINTENANCE BUILDING.

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

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

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For more information please call:

Office: 519-273-2822 a-b Realty Ltd., Brokerage, Stratford ON Independently Owned and Operated

Kevin Williams

John Jantzi

BROKER

SALES REPRESENTATIVE

Cell: 519.572.2293

Cell: 519.571.3894

or visit our website at

www.ontariofarmsales.ca 11230070_4915

11294981_4915

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

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 15G COM

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investoradvice

Three mistakes to avoid when investing with friends and family By Andrew la Fleur

f you’re thinking about investing in a property with family or a friend, there are certain benefits that can make it an attractive way to build your real estate portfolio. Most obviously, investing with a partner allows you greater buying power and lowers your personal risk exposure. However, there are potential pitfalls too, and some mistakes that I see investors making time and time again. Here are the top three mistakes to avoid when investing in real estate with friends or family.

1. NOT HAVING YOUR GOALS ALIGNED The biggest mistake I see investors making is that they don’t agree on their goals up front. Figuring out why you are both investing and what you hope to get out of it is essential to long-term success and avoiding conflict. When you know what you are trying to achieve, it also makes the property selection process easier. The more specific you are with your goal setting, the better, as it will eliminate all but a very small number of potential properties you will even look at investing in. You need to sit down, talk about, and agree upon what your exact goals are before you start evaluating specific property alternatives. Get aligned on goals first. One way to frame the conversation with your partner around goals is to both finish this sentence: “I know our real estate investment will be successful when…”

2. NOT HAVING DECIDED UPON AN OWNERSHIP STRUCTURE When buying a property with another person, there are different forms of ownership that you can utilize, the most basic question being, do you incorporate or buy in your personal names? There may be other factors to consider including how your financing will work on the property. Seek out professional advice from your lawyer and accountant on the best ownership structure that is right for you.

3. NOT HAVING YOUR EXIT STRATEGY PLANNED Always talk about your exit strategy alternatives with your investment partner before you buy a property. It may seem strange to talk about how you sell a property before you even buy it, but this step is essential for a successful partnership. You must agree on how, when and under what circumstances you will sell the property. And perhaps the most important question to ask and agree upon: What happens if one partner wants to get out of the investment but the other does not? Can you figure out a way to structure a method for one partner to ‘buy out’ the other that is fair and equitable to both parties?

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

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11303526_4915

Bill Bradley

Sales Representative

416.258.6866

Independently Owned & Operated

exitwithbill@gmail.com

Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866

GORGEOUS

PARADISE IN GRENADA

RETIREMENT HOME WITH A 10% CAP RETURN

$2,999,900 A long term management staff operating the home for the owner, with excellent results. 40 plus suites, with a room for more to be arranged.

Call Bill Bradley Call Bill Bradley for Strip Plazas $1,000,000 to $15,000,000.

Buyers Only

Only

$2,400,000

Hotel - 5 Star + Restaurant & bar.

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

PRIME FRANCHISE OPPORTUNITY

GREAT LOCATION IN LONDON, ON Fanshawe Park Rd. & Richmond St. 8302229_4915

(Coming January 2016)

Great Hours of Operation - 7:00 am - 3:00 pm Other locations available across Ontario

T: 1-877-272-2952 E: development@obsidiangroupinc.com W: www.obsidiangroupinc.com 17G COM

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Drago Saric Sales Representative RE/MAX Escarpment Realty Inc. Brokerage

905-573-1188

Independently Owned and Operated

dsaric@rmxemail.com

EAST HAMILTON 6 UNITS

HAMILTON 76 ACRES

Great location. All brick, 3 storey. Owner is retiring. Rents have good upside. Asking $695,000.

Great corner property close to the city. 20 acres woods, rest clear. Build your dream home on this stately property. Asking $989,000.

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NIAGARA FALLS - DEVELOPMENT LAND 10.45 acres on Pettit Ave. Site plan approved for 456 units mixed residential. Great opportunity for Builder/ Developer in growing Optimist Park area.

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SMITHVILLE 7.9 ACRES Building lot. Nice level land backing onto the creek. Close to town. Over 600 ft frontage. Asking $299,000.

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start your search here.

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Whether youâ€™re renting or buying, finding your next home has never been so easy.

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Commercial Team In Canada! *

+ **

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

4915_DJW_2_0071EXCLUSIVE

4915_DJW_1_0090

4915_DJW_3_0091

4915_DJW_0048

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.

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, $599,000. Call Kenny 416-833-8840.

1 acre + of PRIME Markham land! Bullock/Markham Rd. Potential development site!! Ravine property! Industrial area! $638,800.

Amazing location at Broadview/Gerrard! Renovated man floor retail space with two residential apartments above. Very busy area with tons of foot traffic! Great exposure and frontage! $1,495,000.

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Vacant lot at Victoria Park/Huntingwood. Property to be sold w/approved permits & plans for a 4 bdr, 4 bath, approx 3,000 sq. ft. detached home w/walk-out bsmt. Can be sold as a completed home. Call Kenny for details 416-833-8840.

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.

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

PLAZAS PLAZAS PLAZAS PRINCIPALS ONLY

ATTENTION INVESTORS! 21%+ ANNUAL RETURNS!

PRIME MARKHAM CORNER W/ COMM & RES ZONING

KINGSTON RD INCOME PROPERTY

EXCELLENT MARKHAM INVESTMENT

TORONTO INCOME PROPERTY

INCOME PRODUCING PROPERTY

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

4915_DJW_3_0034

KINGSTON RD RETAIL SPACE

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.

ATTENTION BUILDERS VIC PARK/HUNTINGWOOD

4915_DJW_3_0035

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.

RESTAURANT KENNEDY/EGLINTON

MEDICAL CENTRE LEASE SPACE - MAIN/DANFORTH

• $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_4915

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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