Jan 31 - Feb 28, 2015, Volume 15 Issue 01
INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa!
19,589 SF • 3 Acres • $1,800,000 Single storey building containing 8 classrooms, gymnasium and playground with commercial zoning. Potential Residential Re-Development Site.
Lester Tobin, Sales Representative Coldwell Banker Commercial Peter Benninger Realty, Brokerage p: 519-743-5211 Ext: 3023 e: Lester-Tobin@coldwellbankerpbr.com 0515_DJW_0003
17-PLEX - FERGUS, ONTARIO - $1,550,000
17-Suite, 2 ½ storey, white brick apartment building with Mansard roof. 7 - One Bedroom Suites and 10 - Two-Bedroom Suites, featuring controlled entry, balconies, gas baseboard hot-water heating. Building being offered for the first time by Owners. Asking $1.4 Million Exclusive Listing. For marketing brochure, call: Winston Davies, Broker of Record, WinCorp Realty Inc., Real Estate Brokerage, 45 Keats Crescent, Guelph, Ontario N1G 3B1
Tel: 519-836-2080 – Fax: 519-836-2081 Email: wjmdavies@rogers.com 3314_DJW_0082
INCOME/INVESTMENT CORNER PROPERTY
ALLISTON - $189,900
Corner property. Zoned H – Many Uses. Excellent location near Redhill access on high traffic street. Current use is used car dealer+2 res. unit for great income! Fully fenced & camera system. Space for 20 cars. Clean up bay garage, office space & waiting area. Great signage. Newer roof (2014), furnace (2014). Garage heated. Call for private viewing.
Fabulous & Rare Opportunity To Own Retail Space In The Growing Alliston Market!!! Approx. 1200 Sqft In A High Traffic Retail Plaza. Ample Parking, Very Well Maintained Complex – Location, Location, Location!! Bonus Square Footage Not Included In The Listed Sq Footage – 633 Sqft Mezzanine For Storage! 2 Offices, 10 X 10 Shipping Door, A/C, Gas Forced Air Heating, Washroom. Large & Bright Showroom!!
Joseph Giovinazzo, Sales Representative Re/Max Escarpment Realty Inc., Brokerage Office : (905)575-5478 Cell : (905)516-9092 Email: jgiovinazzo@remaxescarpment.com www.JosephGiovinazzo.com 0515_DJW_0036
FREE SUBSCRIPTION!
Robert John McDonough, Sales Representative Dagmar Skala, Sales Representative Coldwell Banker Ronan Realty, Brokerage
Alliston Office
705-435-4336
robmcdonough@ronanrealty.com 0515_DJW_0046
FC_0515 (COM)
FORMER SCHOOL/RE-DEVELOPMENT SITE IN WOODSTOCK, ON.
Get The Commercial Investor delivered directly to your door! See inside for details 1G
COM
C O M M E RC I A L O P P O RT U N I T I E S FOR LEASE
NEW LISTING - FOR LEASE
Office and Retail space available to lease on Kenilworth N, across from Centre Mall Canadian Tire store and Gas Bar. Solid 2 storey building currently being refreshed with a new facade, to give it a modern and vibrant look to attract your customers. Offices available on 1st, 2nd and basement levels starting at $10 per sq. ft. with sizes between 340 sq. ft. to 2860 sq. ft. Two large retail units available on the main level, with excellent street exposure for $12 per sq. ft. sized at 2680 sq. ft. and 1860 sq. ft. Call Nic and Nick for more details. 4114_DJW_0033
Stand-alone building for lease in Smithville. Situated on 'The Village Square' property in downtown Smithville, this Tim Hortons building is available for lease when they relocate. 2500 sqft. building with drive thru, along with 30 parking spaces, great exposure to the main shopping district in town, directly on Hwy 20, on a corner lot. Restaurant fixtures may be available for new user. Asking $13.00 per sqft. plus TMI. 4114_DJW_0034 For further details please call Nick and Nic.
HomeLife Macro Realty Inc., Brokerage
HOMELIFE MACRO
Higher Standards Agents... Higher Results!™
Independently Owned & Operated
2G
COM
FOR LEASE
"FOR LEASE"
FOR SALE
70% LEASED
Over 3000 sqft. of retail/office space in prime location in Beamsville at main signalized intersection along the wine route with easy access to QEW corridor. 4114_DJW_1_0039
$16 PER SQ FT PLUS $4 TMI/CAM
Units for lease in brand new 3 storey building in Binbrook. Main floor and lower level, only 3,000 sq. ft. remain and can be divisible down to 800 sqft. Plenty of parking and high visibility on a major road, near school and shopping on a hard corner. Open your business here or relocate for better exposure. 4114_DJW_2_0028
"ATTENTION INVESTORS AND/OR END USERS! Prime corner investment property with existing multi unit 3000 sqft. commercial plaza (divisible). Adjacent to busy gas bar and c-store. Situated at the corner of Tuxedo and Main Street. Many possibilities! Call Listing Agent for Details! 4114_DJW_2_0029
$15 PER SQ FT PLUS $9 TMI/CAM
$689,000 in Hamilton
COMMERCIAL RETAIL/OFFICE CONDOMINIUM OPPORTUNITY
NEW LISTING FOR LEASE
Situated along QEW corridor in Grimsby at Casablanca Blvd. 1100 sq./ft. Units starting at $264,900. Larger units available! Ideal for investors or end user. Surrounded by high density residential development with direct exposure to QEW and major anchors. 4114_DJW_2_0044
AVAILABLE FOR SALE AND LEASE
Nicholas Kazan, Broker
|
Commercial plaza to be built in Beamsville at the QEW interchange. High traffic area, with great exposure. The property’s long term anchor tenants are Esso, Tim Hortons, and Wendy’s. Stand-alone units and units within the plaza available along with a drive thru venue. Please call us for further details. 4114_DJW_0035
Nicolas von Bredow, Broker
905.574.3038 11268720_0515
1.888.751.2229 www.HLCommercial.ca
SOUTHWESTERN ONTARIO INVESTMENT TEAM
SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities Residential Development Land
27,644 sq. ft. Retail Plaza
Wheatley, ON
• 2.38 acre site at signalized intersection • Located in southwest London on prime artery • Asking $6,250,000
Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com
Jack Cox** 519 286 2007 jack.cox@cbre.com
Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com
• • • •
Built in 2012 - low maintenance investment Condo fees included in additional rent NOI - $153,231 Asking $2,500,000
Tim Schnurr* 519 286 2018 tim.schnurr@cbre.com
32 Acre Potential Development Land Southwold, ON
• Fully leased industrial facility • Strong tenant on long term lease • High exposure site with excess land Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com
1160 Brydges Street
London, ON
London, ON
Well maintained 4 storey walk up building Excellent location in Wortley Village Approx. 1.06 acre with 156 ft. frontage Asking $6,250,000 | $82,237 per suite
Barry Poley* 519 286 2015 barry.poley@cbre.com
Hamilton, ON
Ground Floor Commercial Condo
76 Unit Apartment Building
• • • •
Sale Leaseback Opportunity
London, ON
• For Sale by Modified Tender Process • 1.74 acres • Plan of subdivision in place and substantial infrastructure completed with some serviced lots
Free Standing Industrial Building London, ON
11284449_0515
London, ON
• • • •
19,205 sq. ft.; 11,211 sq. ft. occupied by Fed Ex Lease in place until 2018 Scheduled Income: $115,786 per annum Reduced Price: $800,000
Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com
Retail-Office-Residential Investment London, ON
• Flat site, currently under crop production • Fronting onto Ford Road & Hwy 3 • Reduced Price $1,200,000
• Approximately 5,875 sq. ft. total • 0.8 acres • Reduced Price $420,000
• 15,915 sq. ft. on 0.45 acres • Located in west London on prime artery • Reduced Price $2,199,000
David Yanoshita* David Cousins* 519 286 2020 519 286 2006 david.yanoshita@cbre.com david.cousins@cbre.com
David Yanoshita* 519 286 2020 david.yanoshita@cbre.com
Jack Cox** 519 286 2007 jack.cox@cbre.com
London 380 Wellington Street, Suite 30 N6A 5B5 T 519 673 6444 F 519 673 6948
Waterloo Region 101 Frederick Street, Suite 810 N2H 6R2 T 519 744 4900 F 519 571 9315
Windsor 3200 Deziel Drive, Suite 110 N8W 5K8 T 519 252 4095 F 519 252 7554
* Sales Representative ** Broker
Barry Poley* 519 286 2015 barry.poley@cbre.com
www.cbre.ca
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services canadamapping@cbre.com; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
3G
COM
11266917_0515
4G
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LONDON
TORONTO 23 . R.O 4% .I.
NT ! S CE RE ADE R G UP
• Asking $2,875,000
• 19 x One Bedrooms
• Asking $79,861 per Suite • Many Recent Upgrades Including Roof, Parking, Common Area Hallways, Unit Renovations • Professionally Managed Property • Located in North End of
17 x Two Bedrooms • Individually metered Tenants Pay Own Hydro • Outdoor Surface Parking • Upside Potential on Rents • 6.0% CAP Rate
London, Close to
• 23.4% R.O.I.
University of Western
• Treat Financing as
Ontario
Clear
INA AD R SP LOO B &
• Asking: $2,400,000 $1,950,000 • High demand Annex area immediately next door to Subway Station & close to Bloor Street West • First property is a 19 unit licensed, upper scale rental accommodation • Second property is a more conventional investment property with 3 apartments + 3 rooms with shared common areas on top floor
TU PR RNK OP EY ER TY
• Asking $1,299,000 • Asking $86,600 per suite • Building situated immediately outside downtown area in a beautiful natural setting • Superintendent on-site • Currently fully occupied • Tenants pay own Hydro individually metered
M
• 6 x Bachelor
• Asking $5,800,000 • Asking $71,605 per Suite • Historic School House Converted to Apartments in the 1990’s • Professionally Managed Property
• 14 x Two Bedrooms 1 x Three Bedrooms • Well water is routinely tested & maintained • Property subject to registered easement • 6.4% CAP Rate • 17.6% R.O.I. • Treat financing as Clear • Call Dani Pizzoferrato for further details
29 x Two Bedrooms 3 x Three Bedrooms • Well Maintained and Landscaped Property
• Thermal Windows • Building Experiences Very Little Vacancy
• 6.0% CAP Rate • 19.9% R.O.I. • Treat Financing as Clear
81 SUITES
OSHAWA
COLLINGWOOD
!
D OL
S
SO
LD
!
This 69-Unit Townhouse Complex was sold exclusively by Skyview Realty Ltd, Brokerage. Ideally located in the North End of Oshawa, the property was well maintained and located close to all amenities, making it a highly sought after rental location. There was upside potential on rents and the capital items were in good condition on the date of closing. The property experienced little vacancy and had a good tenant base. The property was sold by Dani Pizzoferrato.
DU LE PLEX X+ CO + MM
T EN LL CE TION X E CA LO
6P
• Asking $799,000
• 1 x Bachelor
• Asking $88,778 per Suite including the Commercial unit. • Located Along Main
69 TOWNHOUSES
6 x 1 Bedrooms 1 x 2 Bedrooms 1 x Commercial Unit • 7.2% CAP
Commercial Strip
• Near New Shoppers Drug • 17.0% R.O.I. Mart & Other AAA
• Treat as Clear
Retailers • Tenants Pay All Utilities • Good Redevelopment Site
15 SUITES
43 x One Bedrooms
2 CENTRAL T.O. BLDGS
HALIBURTON M
• 22 x Bachelors • 1 x One Bedroom • 2 x Two Bedrooms • Seller prefers to sell both properties as a package. (Speak to L/A. Seller may consider sale of individual property) • Call Listing Brokerage office for income & expenses • Treat As Clear • Properties are listed as Heritage buildings
T AS REA CL T EA R
LL D WE AINE T N AI
• Ample Surface Parking
36 SUITES
E W LO NANC E T AIN
PELHAM (NIAGARA) 2S PR EVE OP R ER ED TIE S
• VTB Small Second Available
10 SUITES 8172756_0515
5G
COM
11294203_0515
Prestige Industrial & Investment Properties
INVESTMENT OPPORTUNITY
Centrally Located Easy Access to Hwy. 403 33 Sinclair Blvd.
75 Plant Farm Blvd.
Prestige Multi-Tenanted Industrial Building
245,379 sf Manufacturing & High-Bay Warehousing
$ 5,900,000.00
$ 13,000,000.00/$ 2.95/sf
CAP RATE: 6.7%
INDUSTRIAL
v
BRANTFORD ONTARIO
CALL 519 753 4663
T| 519 753 4663 E| info@brantfordcommercial.com W| www.brantfordcommercial.com
247 CENTENNIAL PARKWAY N., HAMILTON
For Lease - 4150 sq.ft. from $7.50 per sq.ft. Close to QEW, Red Hill Parkway & major bus routes. 4514_DJW_3_0028
8 MAIN ST. E., HAMILTON
Available Immediately. Downtown office space from 489 sq.ft. - 892 sq.ft. 0515_DJW_1_0029
E-mail:
info@desantis.com
www.desantis.com 6G
COM
8148088_0515
905-777-0252 ext 304
50 HARWILL RD, ST. THOMAS 0515_DJW_0042
• Commercial Plaza on 4.3 acres across from Conestoga College • 13,874 sq. ft. • Tenants include dentist, pizzeria and Chinese restaurant • Located within seconds of Highway 401 • Call Duncan McLeanCall Paul Goulet
381 SOUTH EDGEWARE RD, ST THOMAS
$1.8M
0515_DJW_2_0102
146-154 ERB ST W, WATERLOO
$549,900
0515_DJW_1_0156
0515_DJW_1_0023
8372 SIDEROAD 30, FERGUS
• 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
FREDERICK MALL, KITCHENER
• 1910 Georgian Revival architecture, originally the nurses residence • Located directly beside Guelph General Hospital
KITCHENER, ONTARIO
519.578.0337
• On bus route • 12,000 s.f. + basement • 25 spaces parking • Call Ryan Briggs
CELL:
• 8 acre property in excellent high traffic location • Ample storage, loading dock & green house on site.
• Warehouse building with built-in coolers • Large office space. • Call Chris McFarlane & Duncan McLean
39 PEPPLER ST, WATERLOO
$429,900
• Uptown Waterloo home converted for office use. • Ideal work/live opportunity for a small growing business. • Close to uptown amenities & public transportation. • Call Duncan McLean
735 WOOLWICH ST, GUELPH FOR LEASE: 0.96 acre Pad Site close to Highway 6 Potential for redevelopment Zoned SC-1 (Service Commercial) Call Ryan Briggs
0515_DJW_1_0104
0515_DJW_2_0053
$12.95 P.S.F.
$975,000
11280798_0515
• 21 room retirement home licensed for 35 residents • Large landscaped lot in a mature established neighbourhood • Many improvements completed over past 5 years • Currently operating and showing good income. • Call Ryan Briggs
55 DELHI ST, GUELPH
728 ARTHUR ST S, ELMIRA
0515_DJW_1_0043
$729,900
$2.5M
• 3.72 acres at Block Line & Strasburg Rd. • Pre-approved for 76 stacked townhouse • Site can accommodate up to 200 units depending on parking. • Partial City levies paid • Approx 1.7 acres allocated as scenic easement. Call Neil Koebel
• Four properties on 0.46 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
• 9 single detached plus 27 townhome lots • Services on street • Close to Woodstock • Call Ryan Briggs
479 HUGHES ST, DRESDEN
1275 BLOCK LINE, KITCHENER
0515_DJW_2_0022
$1.995M
0515_DJW_1_0094
RESIDENTIAL LOTS, INNERKIP
• 20 foot clear height; 40 x 40 column bays • 8 insulated dock leveller doors • 10" insulated concrete block walls • HD sprinkler system for Class IV commodities • 80 vehicle parking • Call Paul Goulet
• 20' clear ceiling; 12" concrete block walls • 9 insulated dock leveller doors • Security fencing w/storage for 40 trailers; monitored security • HD sprinklers rated for Class IV Commodities • Call Paul Goulet
• 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
v
$2.5M
$3.7M
0515_DJW_1_0008
$3,500,000 49 CONESTOGA COLLEGE BLVD, KITCHENER $3.5M
0515_DJW_0043
4 and 6 bedrooms • Potential for further development at rear of property • Call Chris McFarlane
0515_DJW_8002
• Building still under warranty • Five minutes from Conestoga Collage • 18 stacked townhouses in six buildings ranging from 3,
2480 HOMER WATSON BLVD, KITCHENER $5.25M 0515_DJW_8001
$5.4M
0515_DJW_1_0051
806 DOON VILLAGE RD, KITCHENER
• Retail units and Pad Site available • Mall undergoing extensive renovations • On Bus Route and Highway 7/85 • Great neighbourhood mall with 23,603 AADT (2012) • Join Valumart, CIBC, Dollarama and many more • Call Duncan McLean
101 HAZELGLEN DR, KITCHENER 1,500 s.f. store front $1,775/mth+HST 2,520 s.f. 2nd floor office space $1,900/mth + HST, divided into 8 offices Zoning allows many retail & office uses. Call Duncan McLean
RYAN BRIGGS
DUNCAN MCLEAN
CHRIS McFARLANE
PAUL GOULET
Sales Representative
Sales Representative
Sales Representative
Sales Representative
519.498.5775
Ryan@cmarealty.ca
CELL:
519.590.7997
CELL:
519.588.6683
Duncan@cmarealty.ca Chris@cmarealty.ca
CELL:
519.878.0223
p.goulet@bellnet.ca 7G
COM
SOUTHWESTERN ONTARIO INVESTMENT TEAM
SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities Urban Mixed Use Conversion
Mixed Use Neighbourhood Plaza
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
Estate Lot Subdivision Opportunity
CS5 - Local Shopping Centre zone class 21,023 sq. ft. ground floor retail and office 24 Residential suites on second floor Asking $4,250,000
Martin Cote* 519 340 2317 martin.cote@cbre.com
37.11 acres Potential for 47 half-acre lots 15 minutes to KW, Cambridge & Guelph Asking $3,700,000
Martin Cote* 519 340 2317 martin.cote@cbre.com
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
Timmins, ON
• • • •
GLA: 20,031 sq. ft. Tenant: Future Shop Lease Expiry: September 2023 Asking Price: $5,000,000
Joe Benninger* CCIM Brook Handysides* 519 340 2323 519 946 3030 joe.benninger@cbre.com brook.handysides@cbre.com
High Profile Industrial Investment Waterloo, ON
Inverhaugh, ON
• • • •
Single-Tenant, Carefree Net Lease
Cambridge , ON
• • • •
11276500_0515
Long Term Investment Opportunity Kitchener, ON
• Two tenant industrial opportunity • Strong redevelopment potential • 8.1% Cap Rate
• Fully leased large industrial facility • Ideally suited for redevelopment
Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com
Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com
Owner/User Opportunity
Office/Retail Site
London, ON
London, ON
431 Richmond Street London, ON
• High end office space with park-like setting • Zoning permits medical/dental, clinics, general offices and warehousing • Asking $2,400,000
• 3.22 acres • Site Plan approved - 27,000 sq. ft. • Riverbend community, west London
• 29,957 sq. ft. total area; 23,057 sq. ft. occupied • Tenants include Robertson Hall Insurance & Shoppers Drug Mart • Asking $10,000,000
David Cousins* 519 286 2006 david.cousins@cbre.com
David Cousins* 519 286 2006 david.cousins@cbre.com
Tim Schnurr* 519 286 2018 tim.schnurr@cbre.com
London 380 Wellington Street, Suite 30 N6A 5B5 T 519 673 6444 F 519 673 6948
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
* Sales Representative ** Broker
www.cbre.ca
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services canadamapping@cbre.com; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
8G
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8155064_0515
9G
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EN V O R P H T I NS W O I T A C O L E TS P E PRIM C N O C E FRANCHIS
S E I T I N U T R O OPP . W O N E L B A L I AVA . INC. TODAY P U O R G N BSIDIA groupinc.com n ia id s b CONTACT O o t@ en 52 developm -877-272-29
8302229_0515
1
Miles Markovic
Susan Kocsis
AGENT # M09002839
AGENT # M10001847
miles@candocapital.com
susan@candocapital.com
1-888-999-1874
1-888-988-7742
Specializing in Commercial and Industrial Non-Bank and Bank Financing Eligible Transactions:
Loan to Value:
• Acquisition financing • Refinancing
Up to 75% of purchase price or appraised value
COM
Loan Size:
Property Types:
$250,000 – $100,000,000
• commercial buildings • hotels and motels • new residential condominium construction • retirement and nursing home facilities • development lands • apartment buildings • automotive dealerships • industrial buildings • golf courses • recreational resort properties
• plazas and shopping centers • cinemas • churches and temples • parking lots • multi-family residential • private schools • subdivision servicing • builder inventory loans • condominium conversion projects • storage facilities
Independently operated under Centum Fundsource Financial
10G
• Construction financing • Bridge loan
Call now even with: • Mortgage and Property tax arrears • Power of Sale • CRA arrears • Second Mortgages • Private Mortgages • Bad Credit Mortgages • Consumer Proposal • Credit Card debt • Renovation loans
www.candocapital.com
Volume 15 Issue 01
1
Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
INDEX Kitchener, Waterloo & Guelph
READ BY over 100,000 Business Readers! distributed in over 1,700 locations! Owen huge coverage area - Windsor to Ottawa! Sound
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Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Special Features 08 IN THE NEWS — CFIB’S Golden Scissors Award finalists 12 INVESTOR ADVICE — Investement property essentials: Top 5 most rentable By Andrew la Fleur 14 BUSINESS SAVVY — Forgot your wallet? No problem. The tide will turn for in-store mobile payments 26 BUSINESS BAROMETER — Small biz optimism up but uncertain in January 30 LEGALLY SPEAKING — The Commercial Mortgage Some things to consider By Jayson Schwarz and Konstantine Chatzidimos
p. 44
44 IN THE NEWS — GTA office market finishes 2014 on positive note, but will be tested by pending back-fill vacancy in 2015 48 IN THE NEWS — National job vacancy rate climbs in Q3 as unemployment drops 54 IN THE NEWS — GTA Property insights and perspective 56 IN THE NEWS — Continuing concern over Canadian commercial real estate market prosperity 60 IN THE NEWS — The Bank of Canada rate drop
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Commercial Real Estate & Business Opportunities
Volume 15 Issue 01
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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Commercial Real Estate & Business Opportunities
Grand Valley Realty
BROKERAGE INDEPENDENTLY OWNED AND OPERATED
Kitchener/Waterloo Guelph & Cambridge
Royal LePage
519-745-7000
Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9
Mike Milovick B.B.A., CCIM, Sales Representative
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 310 KING STREET NORTH, WATERLOO • $72,000+ Gross Income • Licensed Triplex • 13 Rental bedrooms • Two Units Purpose Built • MR-25 Zoning • MLS®
960,000
$
0515_DJW_1_0006
465 HAZEL STREET, WATERLOO
715,000
539,900
$
899,900 • Newer purpose built • Leased to May, 2015 • Exclusive 0515_DJW_0088
• Nearly $5000 Monthly Income • Rental licensed duplex • Fully leased
$
• Zoned high density, MR-25 • MLS® 0515_DJW_0089
• $48,000+ Annual Gross Income Available! • 9 student city-approved, rental licensed property
137 BRIDGEPORT ROAD EAST, WATERLOO
158 ERB STREET WEST, WATERLOO
399,900
$
• $24,000+ Gross Potential • Rental licensed Duplex • Completely renovated
$
• Large lot in MR-4 • MLS® 0515_DJW_0090
• $36,000+ Gross Income • Fourplex • Licenses Pending
• $39,000+ Potential Gross Income! • Desirable 5+2 Bedroom Layout • Steps to Waterloo Park, Easy Walk to Universities • Walk score of 87 • 5.77% Cap • 7.26% Cash on Cash • Over $7,000 Cash Flow • MLS® 0515_DJW_0093
• Duplex Approval Pending • Rare, Super Clean Opportunity • Easy bike ride to both Universities • Exceptional! AAA • Exclusive
497,500
• Four bedroom turn key rental • Unique, authentic uber cool loft • Quick walk to WLU • 97 Walk Score • MLS®
269,900
$
$
0515_DJW_0086
199,900
317,900
$
7.00 PSF
$
• $16,000 + Gross Annual • Steps to WLU Income • Turn Key, entry level • Rental Licensed Exempt opportunity Building • MLS® 0515_DJW_2_0008
• $32,000+ Scheduled Gross! • Spacious Unit • Authentic Loft
0515_DJW_0091
1305 VICTORIA STREET NORTH, KITCHENER
17-12 BRIDGEPORT ROAD EAST, WATERLOO
305-30 HICKORY STREET WEST, WATERLOO
• Newer Furnaces, Roof • Close to WLU, Future LRT 0515_DJW_0092 • MLS®
9-12 BRIDGEPORT ROAD EAST, WATERLOO
223 DEARBORN BOULEVARD, WATERLOO
144 ERB STREET WEST, WATERLOO
• Spacious bedrooms, two car garage for landlord or tenant storage. 0515_DJW_1_0004 • MLS®
14 YOUNG STREET WEST, WATERLOO
289,900
399,900
$
• 5+1 Bedroom Property • Close to two future LRT stations • Rental Licensed, City Approved • MLS® • MR4 Zoning 0515_DJW_0084
395,000
950,000
336 KING STREET, WATERLOO
$
$
• 72,000+ Gross Annual Income • 5.7% Cap Rate • Rental Lincensed four plex • Oversized MR zoned lot • MLS®
$ 0515_DJW_0087
52 NOECKER STREET, WATERLOO
• $79,000+ Gross • Potential Income • 15 students
ER UNDRACT T CON
392 ERB STREET WEST, WATERLOO
$
• 100% Student Complex • 5 Bedroom Rental • License • MLS® 0515_DJW_0030
• 2099 SF of Clean, Modern Space • Flexible C6 Zoning • Lots of Parking
Please say you saw it in The Commercial Investor
• 41,000 Vehicle Traffic Daily • MLS® 0515_DJW_1_0105
8302191_0515
e 01
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Commercial Real Estate & Business Opportunities
Volume 15 Issue 01
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
e: commercial@coldwellbankerpbr.com
e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial 736 SF · $75.00/SF · MLS: 1444506 · Waterloo 3,931 SF · $3.00/SF · MLS:1414196 · Kitchener OFFICE/RETAIL FOR LEASE COLDWELL BANKER COMMERCIAL
OFFICE/RETAIL FOR LEASE
1,485 SF- 2,056 SF · $19.00/SF · MLS: 1432155/163/162 · Waterloo ·Located at the 1,485 SF- 2,056 SF · $19.00/SF · MLS: entrance to the new Carriage Crossing upscale 1432155/163/162 at the community. Zoning· Waterloo allows for·Located many uses includentrance the new medical Carriageoffice Crossing upscale ing retail, to business, and more. community. for many uses patio includ! Only 3 units Zoning left! Endallows Cap unit w/finished OFFICE/RETAIL FOR John medical Hoffman*/Gary Boudreau* ing retail, business, office LEASE and more.
storage or distribution at a low cost. Extra Last Unit! Indoor mall· style on two levels in Dry 736 SF · $75.00/SF MLS:units 1444506 · Waterloo 3,931 SF · $3.00/SF · MLS:1414196 · Kitchener yard space John Hoffman* available. thePETER BENNINGER REALTY, BROKERAGE heart of Waterloo’s University District w/ Dry storage or distribution at a low cost. Extra Last Unit! Indoor mall style units on two levels in direct access to landlord’s student residential 2,306space SF · available. $5.50/SF · MLS: 1428358 yard John Hoffman* the508 RIVERBEND DRIVE, KITCHENER, ON. heart of Waterloo’s University District w/ tenants (over 2,000). High pedestrian & traffic Kitchener · Very central location, Finished Phone: 519‐743‐5211 direct access to landlord’s student residential SF2· w/r’s. $5.50/SF · MLS: 1428358 office w/ Large Garage door, 17’ clear location. Lester Tobin* 2,306 tenants (over 2,000). High pedestrian & traffic Kitchener · Very Finished ceiling in shop . central location, John Hoffman* 2,025 SF · $18.00/SF · EXCLUSIVE location. Lester Tobin* office w/ 2 w/r’s. Large Garage door, 17’ clear 9,360 SF· $6.50/SF· MLS:1431568 · Kitchener Kitchener · New Commercial/Office unit on main ceiling indoors, . 21’ clear John· Hoffman* 736 SF · $75.00/SF · MLS: 1444506 · Waterloo 3,931 SF ·shop $3.00/SF · MLS:1414196 Kitchener for 16 Dock span shop. Great floor 6 storey apartment bldg. Ample on-site 2,025ofSF · $18.00/SF · EXCLUSIVE distribution at a low cost. Extra highstorage volume or trucking business. Large land for Last Unit! Indoor mall style units on two levels in Dry 9,360 SF· $6.50/SF· MLS:1431568 · Kitchener drive up parking. Lester Tobin* available. John Hoffman* Kitchener · New Commercial/Office unit onw/main yard truck space and trailer avail. @ extra expense. 7,699 the heart of Waterloo’s University District 16 Dock doors, 21’ clear span shop . Great for sf shop & 1,661 SF office. John Hoffman* floor ofaccess 6Divisible· storey bldg. Ample on-site directSF to apartment landlord’s student residential 2,306volume SF · $5.50/SF · MLS: 1428358 920 $1,999/ Mth·MLS:1337773 high trucking business. Large land for RESIDENTIAL/WAREHOUSE CONDO tenants (over 2,000). High pedestrian & traffic drive up parking. Lester Tobin* Kitchener · Very central location, Finished truck and trailer avail. @ extra expense. 7,699 Waterloo · Impressive, 2nd floor office in well 2,358 $389,000· MLS:1424822 · Kitchener office w/&2·1,661 w/r’s.SF Large GarageJohn door, 17’ clear location. Lesterlight. Tobin* sf shopSF office. Hoffman* known building. Abundance of natural Live/Work opportunity! Legal 1,160 sf residential ceiling in shop. John Hoffman* 920 SF Divisible· $1,999/ Mth·MLS:1337773 24/7 reader board. Free parking with 1,015 sf warehouse &183 sf office condo. 2,025electronic SF · $18.00/SF · EXCLUSIVE RESIDENTIAL/WAREHOUSE CONDO Waterloo · Impressive, 2nd floor office in well many amenities nearby. Very accessible, Hwy 9,360 SF· $6.50/SF· MLS:1431568 · Kitchener Lester Tobin* Kitchener · New Commercial/Office unit on main 2,358 SF · $389,000· MLS:1424822 · Kitchener known building. Abundance light. 85 & iXpress seconds away.of natural Colin Vogel* 16 Dock doors, 21’ clear span shop. Great for floor of 6 storey apartment bldg. Ample on-site Live/Work Legal 1,160 sf land residential 2,400volume SF · opportunity! $5.50/SF MLS:1431886 trucking ·business. Large for 24/7 electronic reader board. FreeLester parkingTobin* with high 1,015 sf warehouse &183 sf condo. drive up·$1,250/mth parking. truck and trailer avail. @ extra expense. 7,699 690 SF ·MLS:1444529 · Kitchener Kitchener Excellent space in office 5 unit industrial . many amenities nearby. Very accessible, Hwy Lester Tobin* sf shop & 1,661 office. John Hoffman* RETAIL/Office unit with high exposure to bldg. Suitable forSF small manufacturing or 920 SF Divisible· $1,999/ Mth·MLS:1337773 85 & iXpress seconds Vogel* RESIDENTIAL/WAREHOUSE Uptown Waterloo. Newaway. leaseholds Colin completed. service commercial business. Easy access to CONDO 2,400 SF · $5.50/SF · MLS:1431886 Waterloo · Impressive, 2nd floor office in well Lester Tobin* 2,358 Guelph, & Cambridge. R. Blake Hull* SFK-W · $389,000· MLS:1424822 · Kitchener known Abundance of natural light. 690 SFbuilding. ·$1,250/mth ·MLS:1444529 · Kitchener Kitchener space in 51,160 unit industrial . Live/Work Excellent opportunity! Legal sf residential 1,058 SF· $1,000/Mth· MLS:1444266 ·Kitchener 24/7 electronic reader board. Free parking with INDUSTRIAL PROPERTY FOR SALE & LEASE RETAIL/Office unit with high exposure to bldg. for small manufacturing or 1,015Suitable sf warehouse &183 sf office condo. Great amenities space for professional, or office. 30,400 SF · 3.09 Acres · $1,895,000·$4.50/SF many nearby. Very medical accessible, Hwy Lester Tobin* Uptown Waterloo. New leaseholds completed. service commercial business. Easy access to Ample parkingseconds on King.away. Gary Boudreau* 85 & iXpress Colin Vogel* Net · MLS:1434971, 1511326 · Cambridge Lester Tobin* Guelph, K-W & Cambridge. R. Blake Hull* 2,400 SF · $5.50/SF · MLS:1431886 Incredible location! Approx. 2,400 sf of office 2,786 SF · $32.00/SF Net · MLS:1444530 690 SF ·$1,250/mth ·MLS:1444529 · Kitchener Kitchener Excellent space in 5 unit industrial . John Hoffman* 1,058 SF··$1,000/Mth· ·Kitchener space. INDUSTRIAL PROPERTY FOR SALE & LEASE Waterloo High profile MLS:1444266 location in Waterloo’s RETAIL/Office unit with high exposure to bldg. Suitable for small manufacturing or Great space for professional, medical office. 30,400 SF · 3.09 Acres · $1,895,000·$4.50/SF University district. Two level retail unit or with on5,040 $810,000 business. · MLS: 1437535· Waterloo Uptown Waterloo. New leaseholds completed. serviceSF· commercial Easy access to Ample parking on King. Boudreau* site parking situated at base of Gary a student · MLS:1434971, 1511326 · Cambridge .60 Ac. Site utilized w/ existing 5040 Hull* sf Lester Tobin* Net Guelph, K-Wunder & Cambridge. R. Blake apartment building. Lester Tobin* Incredible bldg. Manylocation! uses with I-6 Zoning 100% Approx. 2,400including sf of office 2,786 SF · $32.00/SF Net · MLS:1444530 1,058 SF· $1,000/Mth· MLS:1444266 ·Kitchener INDUSTRIAL PROPERTY FOR SALE & LEASE office. John Hoffman* space. John Hoffman* Waterloo · High profile locationmedical in Waterloo’s Great space for professional, or office. 30,400 SF · 3.09 Acres · $1,895,000·$4.50/SF FOR SALE AmpleOFFICE/RETAIL parking on King. Gary University district. Two level retail unitBoudreau* with onNet · MLS:1434971, · Cambridge 5,040 SF· $810,000 ·1511326 MLS:FOR 1437535· Waterloo INVESTMENT SALE Incredible location! Approx. 2,400 sf of office site parking situated atNet base of a student 2,786 SFOR · $32.00/SF · MLS:1444530 RETAIL REDEVELOPMENT SITE .60 Ac. Site under utilized w/ existing 5040 sf space. John Hoffman* apartment Tobin* bldg. Waterloo High profile·location in Lester Waterloo’s 1,586 SF · building. 0.12 Acres $979,000 with I-6 Zoning including 100% 1,560Many SF · uses $269,000 · MLS:1425046 MLS:1421708, 1421709 · Kitchener · Unique University district. Two level retail unit with on5,040 SF· $810,000 · MLS: 1437535· Waterloo office. John Hoffman* Cambridge · Downtown Preston property. High Profile situated Location.atCorner Located site parking base ofLot. a student .60 Ac. Site under utilized w/ existing 5040 sf SALE besideOFFICE/RETAIL farmers market. GreatFOR Re-development floor retail, 2nd floor office or residential. apartment building. Lester Tobin* Main Lester Tobin* bldg. Many uses with I-6 Zoning including 100% INVESTMENT FORLester SALETobin* On-site parking. site. office. John Hoffman* RESIDENTIAL/WAREHOUSE CONDO RETAIL OR REDEVELOPMENT SITE FOR SALE 16,164 SF· $975,000· MLS: 1417413 2,358 OFFICE/RETAIL SF··$379,000· 1447307· Kitchener 1,586 SF 0.12 AcresMLS: · $979,000 1,560 SF · ·$269 ,000 · MLS:1425046 INVESTMENT SALE Live/Work opportunity! 1,160 sf· Unique Cambridge Owner/user orFOR multi-tenant MLS:1421708, 1421709Legal · Kitchener residential 1,015 sf warehouse &183 sf office RETAIL OR REDEVELOPMENT SITE Cambridge · Downtown Preston property. building, ample on-site parking. Located on busy High Profile Location. Corner Lot. Located condo.SF · 0.12 Acres · $979,000Lester Tobin* 1,586 arteryfloor just south of Hwy #410. Lester Tobin* beside farmers market. Great Re-development 1,560 SF · $269 ,000 · MLS:1425046 Main retail , 2nd floor office or residential. MLS:1421708, 1421709 · Kitchener · Unique site. Tobin* Cambridge · Downtown Preston property. FOR INDUSTRIAL/WAREHOUSE High Profile Location. Corner Lot. Lester Located On-site parking. Lester Tobin* RETAIL PLAZA STORE SALE/LEASE beside farmers market. Great Re-development Main floor retail, W.CONVENIENCE 2nd floor office or residential. RESIDENTIAL/WAREHOUSE CONDO site. Lester Tobin* 3,408 SF · 0.25 Acres · $1,550,000 On-siteSF· parking. Lester Tobin* 16,164 $975,000· MLS: 1417413 2,358 1447307·· Kitchener 10,688SF· SF $379,000· · $6.75/SF·MLS: EXCLUSIVE Waterloo MLS #1511142 · Waterloo · Two unit retail plaza RESIDENTIAL/WAREHOUSE CONDO Live/Work opportunity! Legal 1,160 · Owner/user or multi-tenant Great Location. Exposure to King St.sfN. Across Cambridge with business. Lester Tobin* 16,164 SF· $975,000· MLS: 1417413 2,358 SF· $379,000· MLS: 1447307· Kitchener residential 1,015 Mall. sf warehouse &183 office from Conestoga JohnsfHoffman* building, ample on-site parking. Located on busy Live/Work opportunity! Legal 1,160 sf Tobin* Cambridge · Owner/user or multi-tenant condo. Lester residential 1,015 sf warehouse &183 sf office artery justample southon-site of Hwyparking. #410. Located Lesteron Tobin* building, busy condo. Lester Tobin* artery just south of Hwy #410. Lester Tobin* INDUSTRIAL/WAREHOUSE FOR
www.coldwellbankerpbr.com/commercial
parking. HWY exposure. Lester Tobin* 1432155/163/162 · Waterloo ·Located at the
2,050 SF to · $16.00/SF · MLS: 1424242 entrance the new Carriage Crossing upscale 4,200 SF ·· $10.50/SF Net ·unit. MLS: 1418072 Brantford End capallows retail Drive-up community. Zoning for many uses includWaterloo · Busy location, close to U of W,Tobin* W.L.U parking. exposure. ing retail,HWY business, medical office Lester and more. &Conestoga Pkwy.I-6 Zoning. Gary Boudreau* Only 3 units left! End Cap unit w/finished patio!
4,200 SF · $10.50/SF Net · MLS: 1418072 John Hoffman*/Gary Boudreau* 1,049 SF · $19.95/SF · MLS: 1447244 Waterloo · Busy location, close to U of W, W.L.U Kitchener · Last unit! Drive-up retail/office unit 2,050 SF · $16.00/SF · MLS: 1424242 &Conestoga Pkwy.I-6 Zoning. Gary Boudreau* located in ·newly developed community, Brantford End cap retail unit. Drive-up minutes parking. HWY exposure. Lester Tobin*
from Hwy # 401 and Conestoga College. 1,049 SF · $19.95/SF · MLS: 1447244 Lester Tobin* 4,200 SF ·· $10.50/SF Net · MLS: 1418072 unit Kitchener Last unit! Drive-up retail/office Waterloo location, close to· MLS: U of W, W.L.U 4,725 SF ·newly Divisible · $18.00/SF 1434022 located in· Busy developed community, minutes & Conestoga Pkwy.I-6 Zoning. Gary Boudreau* Kitchener Medical/ Retail Space. High profile from Hwy #· 401 and Conestoga College. location with traffic counts over 40,000 day. Lesterper Tobin* 1,049 SF · $19.95/SF · MLS: 1447244 Ample on-site drive up parking. Join other Kitchener · Last unit! Drive-up retail/office unit tenants Costco, Home Depot, Empire 4,725 SFincluding · Divisible · $18.00/SF · MLS: 1434022 located in newly developed community, minutes Theatre and many more. Lester Tobin* Kitchener · Medical/ Retail Space. High from Hwy # 401 and Conestoga College. profile location trafficSFcounts over- $30.00/SF 40,000 per day. Lester Tobin* 1,153 SFwith - 3,853 · $24.00 MLS: 1437 13/614/608/599/602/595/607/605 Ample on-site drive up parking. Join other 4,725 SF ·· Divisible · $18.00/SF · MLS: 1434022 Kitchener New space at Sportsworld tenants including Costco, Home Depot,Crossing. Empire Kitchener · Medical/ Retail Space. High profile Join existing retail & restaurant traffic draw. Theatre and many more. Lester Tobin* Lester Tobin*/ Gary Boudreau* location with traffic counts over 40,000 per day. Ample on-site drive upNet parking. Join other 2,598 SF · MLS: 1511580 1,153 SF ·- $11.00/SF 3,853 SF · $24.00 - $30.00/SF tenants including Costco, Home Depot, Empire Kitchener · High traffic; 44,914 Vehicles daily. MLS: 1437 13/614/608/599/602/595/607/605 Theatre and many more. Lester Tobin* Kitchener · New space at Sportsworld Crossing. C 6 Zoning. John Hoffman*/ Gary Boudreau*
Join retailSF & restaurant traffic draw. 1,153existing SF - 3,853 · $24.00 - $30.00/SF Lester· MLS:1428354· Tobin*/ Gary Boudreau* 3,730 SF· $5.50/SF Kitchener MLS: 1437 13/614/608/599/602/595/607/605
Only units left! End Cap unit1424242 w/finished patio! 2,0503SF · $16.00/SF · MLS: 1,485 SF-·2,056 SF Hoffman*/Gary ·retail $19.00/SF · MLS: Brantford End cap unit. Drive-up John Boudreau*
e: commercial@coldwellbankerpbr.com
Kitchener · New5space Crossing. Fully carpeted, officesat&Sportsworld large open area.
2,598 SF · $11.00/SF Net · MLS: 1511580 Join existing retail room. & restaurant traffic draw. Mezzanine, lunch John Hoffman* Lester Boudreau* Kitchener · High traffic;Tobin*/ 44,914Gary Vehicles daily. 4,900 SF· $19.00/SF· MLS:1437522· Kitchener C 6 Zoning. John Hoffman*/ Gary Boudreau* 2,598 SF · $11.00/SF Net · MLS: 1511580
Open webbed ceiling. Newly renovated, very Kitchener High traffic; 44,914 Vehicles daily. interesting· building. 24 parking spaces onsite. CAM’s only$5.50/SF $5! JohnBoudreau* Hoffman* 3,730 SF· · MLS:1428354· Kitchener C 6 Zoning. John Hoffman*/ Gary
Fully 5 offices· &MLS:1441235 large open area. 5,200carpeted, SF · $12.00/SF 3,730 SF· $5.50/SF · MLS:1428354· Mezzanine, John Kitchener Hoffman* Cambridge ·lunch Fully room. finished office/retail space w/ Fully carpeted, 5 offices from & large open area. high exposure. Minutes hwy# 401. On-site
4,900 SF·Space $19.00/SF· Kitchener Mezzanine, lunch Hoffman* parking. canroom. beMLS:1437522· divided. John Lester Tobin* Open webbed ceiling. Newly renovated, very 4,900 SF· $19.00/SF· MLS:1437522· Kitchener interesting building. 24 parking spaces onsite. Open webbed ceiling. Newly renovated, very CAM’s only $5! John Hoffman* * Sales Representa�ve interesting building. 24 parking spaces onsite. CAM’s only $5! John Hoffman* ** Broker 5,200 SF · $12.00/SF · MLS:1441235 5,200 SF · ·$12.00/SF · MLS:1441235 Cambridge Fully finished office/retail space w/ Cambridge · Fully finished office/retail w/ high exposure. Minutes from hwy# 401.space On-site high exposure. Minutes from hwy# 401. On-site parking. Space can be divided. Lester Tobin*
FOR SALE/LEASE INDUSTRIAL/WAREHOUSE
SALE/LEASE
RETAIL PLAZA W.CONVENIENCE STORE RETAIL W.CONVENIENCE 3,408 SFPLAZA · 0.25 Acres · $1,550,000 STORE 3,408#1511142 SF · 0.25 ·Acres · $1,550,000 MLS Waterloo · Two unit retail plaza MLS #1511142 · Waterloo · Two unit retail plaza with business. Lester Tobin*
10,688 SF · $6.75/SF· EXCLUSIVE · Waterloo 10,688Location. SF · $6.75/SF· EXCLUSIVE Waterloo Great Exposure to King St.· N. Across Great Location. Exposure to KingJohn St. N. Across with business. Hoffman* parking. Space can be divided. Lester Tobin* from Conestoga Mall. from Conestoga Mall.
John Hoffman*
* Sales Representa�ve * Sales Representa�ve ** Broker ** Broker 8331512_0515
Please say you saw it in The Commercial Investor
Lester Tobin*
Vol
Volume 15 Issue 01
7
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
e 01
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
e: commercial@coldwellbankerpbr.com
e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial COLDWELL BANKER COMMERCIAL FORMER SCHOOL/RE-DEVELOPMENT SITE LAND FOR SALE
MULTI FAMILY FOR SALE
LAND FOR SALE
4,200 SF Bldg.· 0.60 Acres · $2,300,000 MLS: 1444528 · Cambridge · High profile re4,200 SF Bldg.· Acres · $2,300,000 development site0.60 located directly across from MLS: 1444528 · Cambridge · High Cambridge Memorial Hospital. 185 profile ft of redevelopment site located from frontage. Current use is a directly 4,200 sfacross restaurant. w/ 67 parking spaces.Hospital. 185 Lester Cambridge Memorial ft ofTobin*
19,589 SF · 3 Acres · $1,800,000 FORMER SCHOOL/RE-DEVELOPMENT SITE MULTI FAMILY FOR SALE PETER BENNINGER REALTY, BROKERAGE
MLS: 1444282 · Woodstock · Single storey 19,589 SF · 3 Acres · $1,800,000 508 RIVERBEND DRIVE, KITCHENER, ON. building containing 8 classrooms, gymnasium 19 Units · $8,100,000 · MLS: 1511473 MLS: 1444282 · Woodstock · Single storey Waterloo · Recently constructed, purpose and playground with commercial zoning. Phone: 519‐743‐5211 · $8,100,000 · MLS:investment 1511473 building containing 8 classrooms, gymnasium 19 built Units 6 storey, 95 bedroom Residential re-development is obtainable. Waterloo · Recently constructed, purpose property. Steps away from U of W and W. L. and playground with commercial zoning. Lester Tobin* e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial U. Features L.E.E.D quality construction, built 6 storey, 95 bedroom investment Residential re-development is obtainable. frontage. Current use is a 4,200 sf restaurant. steel roof,Steps separate new property. awayhydro frommeters, U of W brand and W. L. 2.0 Acres · $500,000· MLS:1337641 BUSINESS FOR SALE FORMER SCHOOL/RE-DEVELOPMENT SITE h/e w/ Lester Tobin* LAND FOR SALE MULTI FAMILY FOR construction, SALEoffice. boilers, managers 67 parking spaces. Lester Tobin* U. Features L.E.E.D quality Kitchener · Corner of Trillium and Huron with 19,589 SF · 3 Acres · $1,800,000 Attractive mortgage available O.A.C. steel roof, separate hydro meters, brand new excellent to Hwy 7/8· and Hwy 401. 4,200 SF access Bldg.· 0.60 Acres $2,300,000 MLS: 1444282 · Woodstock Single storey Eric Reiner* 2.0 Acres · $500,000· MLS:1337641 BUSINESS FOR ·SALE Many uses permitted. h/e boilers, managers office. SFcontaining · $195,000 MLS: 1434965 MLS: 1444528 · Cambridge HighHuron profilewith re- 2,000 building 8 ·classrooms, gymnasium 19 Units · $8,100,000 · MLS: 1511473 Kitchener · Corner of Trillium·and Colin Vogel*/Peter Benninger** Attractive mortgage available O.A.C. Elmira · Excellent opportunity to own an up & development site located directly across from Waterloo · Recently constructed, purpose and playground with commercial zoning. excellent access to Hwy 7/8 and Hwy 401. Eric Reiner* · $5,500,0000 · MLS:1511369 coming café and catering business w/ dream 36 Cambridge Memorial Hospital. 185 ft of HIGH-DENSITY MIXED-USE DEVELOPMENT! built Units 6 storey, 95 bedroom investment Many uses permitted. Residential re-development is obtainable. 2,000 SF · $195,000 · MLS: 1434965 Kitchener · Brand New! 100% Leased, 100% frontage. use is a 4,200 sf restaurant. kitchen for even the most experienced chef. 5.09 Ac. ·Current $4,250,000 · EXCLUSIVE property. Steps away from U of W and W. L. Colin Vogel*/PeterLester Benninger** Lester Tobin* Lester Tobin*/ James Boudreau** w/ 67 parking Tobin* Elmira · Excellent guarantee buildingconstruction, warranty. opportunity to own an up & Income Cambridge · 5spaces. min walk to Cambridge Centre U. Features L.E.E.D& quality units w/ meters, premium finishes, 36 ·sized $5,500,0000 · MLS:1511369 steelUnits roof, separate hydro brand new Mall. 3 min· $500,000· driveMIXED-USE to hwy 401 DEVELOPMENT! Directly across coming café and catering business w/ dream Generously HIGH-DENSITY 2.0 Acres MLS:1337641 BUSINESS FOR SALE stainless steel appliances, in Leased, suite laundry, h/e boilers, office. from Ac. natural conservation area. · Brand New!managers 100% 100% for· even the most experienced chef. Kitchener 5.09 · EXCLUSIVE 5,887 SF $399,000 · MLS:1447072 Kitchener· ·$4,250,000 Corner of Trillium and Huron with kitchen Separate hydro & gas meters. LocatedO.A.C. steps Attractive guarantee mortgage available Peter Benninger**/Colin Vogel* Lester Tobin*/ full James Boudreau** Income & building warranty. Established service restauexcellent access to walk Hwy to 7/8Cambridge and Hwy 401. Cambridge · 5 min Centre Cambridge · away from shopping and Eric expressway. Reiner* sized units ManyAc.· permitted. rant with license and patio. Located on Generously 4.49 · EXCLUSIVE Kitche- 2,000 Located on majorw/ premium transit finishes, route. Mall. 3uses min$1,995,000 drive to hwy 401 Directly ·across SFliquor · $195,000 · MLS: 1434965 Colin Vogel*/Peter Benninger** Grand River. Upscale dining with California laundry, Eric Reiner* ner Highly high traffic Central to Elmira from naturalvisible, conservation area.site. · Excellent opportunity to own an up & stainless steel appliances, in suite SF ·Lester $399,000 · MLS:1447072 cuisine. Tobin*/ James Boudreau** & gas meters. steps existing retailPeter & proposed employment lands. 5,887 36 Units hydro · $5,500,0000 · Located MLS:1511369 coming café and catering business w/ dream Separate Benninger**/Colin Vogel* HIGH-DENSITY MIXED-USE DEVELOPMENT! Cambridge · Established service restauPeter Benninger** kitchen away from shopping and Leased, expressway. Kitchener · Brand New! 100% 100% for even the mostfull experienced chef. 5.09 Ac. · $4,250,000 · EXCLUSIVE rant with liquor license andJames patio. Boudreau** Located on Located on major transit warranty. route. 4.49 Ac.· $1,995,000 · EXCLUSIVE · KitcheTobin*/ Income guarantee & building Cambridge · 5 min walk to Cambridge Centre 1,156 SF ·Lester $299,900 · MLS: 1511182 GREAT RE-DEVELOPMENT SITE River. Upscale dining with California For Commercial RealEric Estate Generously sized units w/ premium finishes, Reiner* ner Highly site. Central Mall. 3 min drive tohigh hwy traffic 401 Directly acrossto Grand Waterloo · Profitable business with growth 25,182 SF ·visible, $2,420,000 · MLS:1417598 Solutions in Canada's Technology Lester Tobin*/ James Boudreau** existing retail & proposed employment lands. cuisine. from natural conservation potential. fixtures and equipment included. stainless steel appliances, in suite laundry, Brockville · Some medical area. onsite. Walking 5,887 SF ·All $399,000 · MLS:1447072 Triangle, any one of our Separate hydrocontact & gas meters. Located steps Peter Benninger**/Colin Vogel* Peter Benninger** James Boudreau**/Gary Boudreau* distance from Hospital. Some new leases Cambridge · Established full service restauawaysales from representatives, shopping and
pending.
or call expressway.
rant with license and patio. Located on Located 519-743-5211. on major transit route. 1,156 SFliquor · $299,900 · MLS: 1511182 Grand dining For Commercial RealEric Estate 1,426 River. SF· Profitable ·Upscale $140,000 · with MLS: 1511046 Reiner* Waterloo business withCalifornia growth cuisine. Tobin*/ James Solutions in Canada's Technology Waterloo Lester Gourmet Pizza Boudreau** and Pasta SALES REPRESENTATIVES: potential. All· fixtures and equipment included. restaurant. High sales with huge potential. Triangle, contact any one of our James Boudreau**/Gary Boudreau* Gary Boudreau * · ext.or3029 Located in the city’s fastest growing area. sales representatives, call 1,156 SF · $299,900 · MLS: 1511182 High exposure on busy roundabout. For Commercial Real Estate 519-743-5211. James Boudreau ** · ext. 3020 Waterloo · Profitable business with growth Lester Tobin* Solutions in Canada's Technology 1,426 SFAll ·fixtures $140,000 · MLS: included. 1511046 potential. and equipment Brockville · Some medical onsite. Walking Selby Colson * ext. of 3100 Triangle, contact any ·one our proposed light rail transit route. Waterloo · Gourmet Pizza Boudreau* and Pasta James Boudreau**/Gary distance from Hospital. Some new leases HIGH DENSITY MIXED USE DEVELOPMENT SALES sales REPRESENTATIVES: representatives, or call Peter Benninger**/Colin Vogel* MULTI FAMILY FOR SALE Mike Flynn * · ext. 3037 pending. restaurant. High sales with huge potential. 3.25 Acres · $5,850,000 · EXCLUSIVE 519-743-5211. Gary Boudreau * · ext. 3029 John Hoffman*/Gary Boudreau* in the city’s fastest growing area. 1,426 SF · $140,000 · MLS: 1511046 Kitchener · Frontage on 2 major streets at the Located 66.58 Acres · $2,200,000 · EXCLUSIVE John Hoffman * · ext. 3040 High exposure on busy roundabout. Waterloo · Gourmet Pizza and Pasta Cambridge· Under consideration to change gateway to downtown Kitchener. Excellent HIGH DENSITY MIXED USE DEVELOPMENT James Boudreau ** · ext. ext. 3120 3020 SALES REPRESENTATIVES: Bill Halpenny * · 13 Units · $5,500,000· MLS: 1437772 Lester Tobin* restaurant. High sales with huge potential. OP designation to industrial. 3.25 Acres · $5,850,000 · EXCLUSIVE access to Hwy 401 via Hwy 8 Directly on Gary Boudreau * · ext. 3029 Recently constructed, purpose Located in· the city’s fastest growing area. Peter streets Benninger** Selby Colson ext. 3032 3100 Kitchener light · Frontage on 2route. major at the Waterloo proposed rail transit R. Blake Hull ** ·· ext. High investment exposure onproperty. busy roundabout. built Close to U of W & gateway to downtown Kitchener. Excellent James Boudreau ** · ext. 3020 Peter·Benninger**/Colin Vogel* Approx. 217 Acres $4,340,000 · EXCLUSIVE MULTI FAMILY FOR SALE 4.49 Ac.·RE-DEVELOPMENT $1,995,000 · EXCLUSIVE · KitcheGREAT SITEBoudreau* John Hoffman*/Gary ner Highly high traffic site. Central to 25,182 SF ·visible, $2,420,000 · MLS:1417598 existing retail & MIXED proposed employment lands. HIGH DENSITY USE DEVELOPMENT Brockville · Some medical onsite. Walking Peter Benninger** 3.25 Acres · $5,850,000 · EXCLUSIVE distance from Hospital. Some new leases Kitchener · Frontage on 2 major streets at the GREAT RE-DEVELOPMENT SITE pending. gateway to ·downtown Kitchener. Excellent 25,182 SF $2,420,000 · MLS:1417598 John Boudreau* access to Hwy 401Hoffman*/Gary via Hwy 8 Directly on
access to Hwy 401 via Hwy 8 Directly on Waterloo Region · Currently Being Farmed.
proposed light rail transit route. 66.58 · $2,200,000 · EXCLUSIVE Call forAcres info pkg! Peter Benninger**/Colin Vogel* Peter Benninger**/Colin Vogel* Cambridge· Under consideration to change OP designation to industrial. 66.58 Acres· ·$3,000,000 $2,200,000 · EXCLUSIVE 37.5 Acres · MLS: 1244781 Peter Benninger** Cambridge· consideration toAt change Port Elgin · Under Incredible investment. the
Lester Tobin* W.L.U. controlled entry w/video surveillance, separate meters for gas and hydro. MULTI FAMILY FOR Eric SALE Reiner*
13 Units · $5,500,000· MLS: 1437772 Waterloo constructed, purpose 36 Units ·· Recently $14,750,000 · MLS: 1437816 13 Units · $5,500,000· MLS: 1437772 OP designation industrial. built investment property. Close to URecently of W & Waterloo · Modern loft style units. gateway to Port to Elgin. 800 meters from new Approx. 217 Acres · $4,340,000 · EXCLUSIVE Waterloo · purpose Recently built constructed, Peter constructed, steps surveillance, to Upurpose of W & Walmart plaza a few min. walk toBenninger** one of the W.L.U. controlled entry w/video Waterloo Region · Currently Being Farmed. built investment property. Close construction, to U of W & most beautiful sandy beaches ·inEXCLUSIVE Ontario! W.L.U. L.E.E.D quality Approx. 217 Acres · $4,340,000 separate meters for gas and hydro. Call for info pkg! James separate hydro meters. Reiner* W.L.U. controlled entry w/video Eric surveillance, Waterloo Region · Currently BeingBoudreau** Farmed. Reiner* Peter Benninger**/Colin Vogel* separate meters for gas Eric and hydro. Call for info pkg!
Benninger**/Colin Vogel* 37.5 Acres · Peter $3,000,000 · MLS: 1244781 Port investment. At the 37.5 Elgin Acres· · Incredible $3,000,000 · MLS: 1244781 Port Elginto· Port Incredible investment. At the gateway Elgin. 800 meters from new gateway to PortaElgin. 800walk meters fromofnew Walmart plaza few min. to one the Walmart plaza asandy few min. walk to one of the most beautiful beaches in Ontario! most beautiful sandy beaches in Ontario! James Boudreau**
Eric Reiner*
36 Units · $14,750,000 · MLS: 1437816 36 Units · · Modern $14,750,000 · MLS: 1437816 Waterloo loft style units. Recently Waterloo · Modern style units. constructed, purposeloft built steps to URecently of W & constructed, L.E.E.D purpose built steps construction, to U of W & W.L.U. quality W.L.U. L.E.E.D quality construction, separate hydro meters. Eric Reiner*
James Boudreau** separate hydro meters.
Eric Reiner*
MikeReiner Flynn * Eric Selby Colson * Lester Tobin * * John Hoffman Mike Flynn * Colin Vogel * * Bill Halpenny John Hoffman * Harmony Voisin * R. Hull ** BillBlake Halpenny
· · ·· · ·· · · ··
3037 ext. 2099 ext. 3100 ext. 3023 ext. 3040 ext. 3037 ext. ext. 3110 3120 ext. 3040 ext. 3117 ext. ext. 3032 3120
BROKER OF : · ext. 2099 Eric Reiner * RECORD R. Blake Hull * · ext. 3032 Peter Benninger**
· ext. 3000
Lester Tobin* * Eric Reiner
· ext. 3023 2099
LesterVogel Tobin* * Colin
ext. 3110 3023 ·· ext.
* Sales Representa�ve Colin Vogel * ext. 3117 3110 Harmony Voisin * ·· ext. ** Broker · ext. 3117
Harmony Voisin *
BROKER OF RECORD:
BROKER OF RECORD:
Peter Benninger**
Peter Benninger**
· ext. 3000
· ext. 3000
* Sales Representa�ve * Sales Representa�ve ** Broker Please say you saw it in The Commercial Investor
8171433_0515
8
inthenews
Commercial Real Estate & Business Opportunities
Volume 15 Issue 01
Vol
CFIB’S Golden Scissors Award finalists Highlights: Simple change means 50,000 small businesses required to file taxes less often
T
o wrap up Red Tape Awareness Week, the Canadian Federation of Independent Business (CFIB) announced on January 23rd that the Hon. Kerry-Lynne Findlay, Minister of National Revenue, won the 2015 Golden Scissors Award, for a simple change to tax policy that will allow small businesses to file their payroll taxes less often. Under the old policy, many mid-sized businesses had to remit payroll taxes to CRA weekly. Some of those businesses will now only have to remit those taxes twice a month, and some smaller businesses that paid twice a month will now only have to remit monthly. While the amount they have to remit won’t change, some 50,000 small and medium businesses will save a whole lot of time on paperwork. “This is an excellent example of government walking the walk when it comes to red tape reduction,” said CFIB’s executive vice president Laura Jones.“This may not seem like a big deal, but when you cut a business owner’s paperwork, it means more time for the owner and their employees to focus on growing the business and serving their customers, provided that CRA clearly and appropriately communicates the changes to businesses. “Under Prime Minister Harper’s leadership, our Government remains committed to reducing red tape for businesses across the country,” added Minister Findlay. “In Economic Action Plan 2014, our Government revised the remittance thresholds for employer source deductions. That change means that over 50,000 small and mediumsized employers will see the maximum number of required payments on account of source deductions cut in half, eliminating more than 800,000 payments. That’s 50,000 businesses who now have less reporting, and therefore less red tape. That’s 50,000 entrepreneurs who now have
more time to focus on growing their business, employing Canadians, and supporting our economy.” The winner, chosen from among dozens of nominations from across the country, will receive a trophy, framed certificate, and recognition on the CFIB website, Facebook page and member communications. Last year’s Golden Scissors winner was Stewart Young, mayor of the city of Langford, B.C., for introducing a permanent business license and doing away with annual renewals. This change cost the city some revenues, but the mayor and council agreed it was the right thing to do to free up entrepreneurs to create jobs in the city. In addition to the winner, two Honourable Mentions were also announced: In the category of Stopping Stupid, Nova Scotia Finance Minister Diana Whalen. Minister Whalen did away with regulations, inherited from a previous government, that would have required scrap metal dealers to collect and store sellers’ personal information and verify ‘proof of ownership’ for each transaction. In the category of Producing Measurable Results, Naheed Nenshi, Mayor of Calgary. The mayor led the Cut Red Tape initiative, reaching out to small business owners to better understand the challenges businesses were facing when dealing with the city. More than 200 suggestions were submitted, and several were implemented, saving a combined $2.8M for the city and small businesses. See the full list of Finalists online at www.cfib-fcei.ca and read more about the week-long effort by CFIB to bring attention and meaningful action to reduce red tape on small businesses. Follow #RTAW on Twitter. CFIB is Canada’s largest association of small- and mediumsized businesses with 109,000 members across every sector and region.
Please say you saw it in The Commercial Investor
C
Br ch 51
The i comp
Volume 15 Issue 01
9
Commercial Real Estate & Business Opportunities
519.742.7000 www.coupalmarkou.com
INVESTMENT OPPORTUNITIES 185 GLASGOW ST, KITCHENER
1015-1051 KING ST E, KITCHENER
• Freestanding building in Belmont Village • Corner location, ample parking, pylon signage • Leased to April 2015. NOI $72,000 per annum • $1,295,000
• Across from future LRT • 1.19 acre redevelopment site • Corner of King & Ottawa Street • Existing income in place • $2,295,000
0515_DJW_3_0068
0515_DJW_1_7778
MLS
54 BRIDGE ST W, KITCHENER
MLS
27 RIVERVIEW PL, 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 • $1,350,000
• 3.63 acres industrial land • In prestigious Grand River Business Park • Located just off Victoria St. N, Kitchener • $671,550 ($185,000 per acre)
0515_DJW_2_0117
0515_DJW_4_0075
MLS
300 BRIDGE ST E, KITCHENER
MLS
470 BRANT RD, NEW DUNDEE
• 72.9 acres • 44.65 acres developable • Strategically located on the new Hwy 7 realignment • $9,900,000
• 120.4 acres with 4,400 sf house, horse barn & facilities • High profile location minutes from south Cambridge • Ideally suited for future development in the areas of recreation and leisure • $2,995,000
0515_DJW_2_0021
0515_DJW_1_0119
MLS
Christopher Coupal
John Markou
James Craig
Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101
Broker, Principal john@coupalmarkou.com 519-742-7000 x 102
Sales Representative james@coupalmarkou.com 519-742-7000 x 103
MLS
CONNECT
11289418_0515
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
Kitchener/Waterloo Guelph & Cambridge
e 01
10
Volume 15 Issue 01
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
TANNING SALON OR FINISHED SPACE FOR LEASE – GUELPH –
2914_DJW_1_0004
• Interior finished • Includes 14 tanning beds or not for some other use • Prime for new owner to step into (lease only) • Well-maintained
Kenneth Fish
• Prime high traffic location • Ample parking • Spacious 1,740 sq. ft. or 2,604 sq. ft. • High density residential and business neighborhood Toll Free:
Broker of Record
11270688_0515
LEASE IS NEGOTIABLE
866.822.4066
ken@whitecaps.ca
Albert Fish Associates Limited R E A L E S TAT E B R O K E R A G E
2914_DJW_0044
JUST MINUTES TO THE CAMPUS OF THE UNIVERSITY OF WESTERN ONTARIO
The features of this 1 3/4 Storey investment include 5 bedrooms, 3 bathrooms, single detached garage for additional revenue & a Triple ‘A’ location. On the WEST side of Richmond St. Inside features include hardwoods & ceramics. Spacious layout with 3 “common areas” for studying, lower level laundry & newer furnace. Students will feel this is their “home away from home”. The benefits to UWO students is the easy access to campus & the quiet residential area for the serious students what wish to excel. The bus is within a block to Maisonville Mall & many amenities. This property will truly attract the best students! Call me to view anytime.
10630674_2914
11294269_0515
1.866.822.4066
D L O S
R HE GH T L INVESTO U O R TH CIA MER COM
Leo Carnevale Sales Representative
ROYAL LEPAGE CROWN REALTY SERVICES, BROKERAGE*, CAMBRIDGE 519.740.6400
Cell: 519- 501-2629 | email: leoteam1@gmail.com
FOR SALE $579, 900
WURSTER PL, BRESLAU, REGION OF WATERLOO
0515_DJW_0102
0515_DJW_0101
PROPERTY FEATURES: • Located within the Waterloo Region East Side Community Plan. • Waterloo Region Council Adopted Official Plan 2009. • Parcel boundary adjacent to planned future ˝GO˝ station. • Close to major transportation routes. • Close proximity to Waterloo Region International Airport. • Perfect for the small investor to wait for development. • Please email or call and download information package. • Seller will review offers March 18, 2015. • MLS #1590417 b PLEASE EMAIL OR CALL FOR INFORMATION PACKAGE. • OFFER SUBMISSION DATE MARCH 18, 2015. Please say you saw it in The Commercial Investor
e 01
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Brantford Chatham Grey & Bruce Counties Ingersoll London
Owen Sound Sarnia Simcoe Stratford St. Thomas Tillsonburg Windsor Woodstock
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com
SOUTHWESTERN ONTARIO
SOUTHWESTERN ONTARIO
12
Southampton
8492999_0515
Sales Representative
Office: 519-797-5500 Cell: 519-270-3055 e-mail: donamy@bmts.com www.southamptonhomes.ca
Volume 15 Issue 01 9128459_0515
Commercial Real Estate & Business Opportunities
Hurley Real Estate Brokerage Independently Owned & Operated
(519) 759-6800
Broker
michaelhurley@rogers.com
1 7 1 H I G H S T R E E T, S O U T H A M P T O N 60,000 square feet industrial warehouse for sale. Situated on a large 5.77 acre fenced lot. Building is in excellent condition, with high ceilings, quality roof, and over 27,000 volts of on-site power. Ideal location for your growing business. Asking price $1,995,000. Call or email today.
0515_DJW_0037
Southwest Ontario
Cell (519) 755-0830
Michael Hurley
0515_DJW_0065
Quality office space for lease. Great Brantford location for your business or meetings. Affordable rent that includes all heat/hydro and water costs. Plenty of on site parking. 800 square feet up to 8000 square feet available. Good value in this top of the line building. Being offered for lease for an affordable $6 per foot net, net.
GREAT OPPORTUNITY $449,900
• Seven women's wear stores on the same block! • Fully renovated building offers turnkey opportunity with no franchise or royalty fees. • Many quality leasehold improvements, 2 furnished rental apartments. • A great retirement opportunity.
0515_DJW_0066
investoradvice
INVESTMENT PROPERTY ESSENTIALS: TOP 5 MOST RENTABLE by Andrew la Fleur
Y
our investment property is only useful to you if you can find tenants to rent it out and put cash back in your pocket. Shopping for a condo from the perspective of a landlord is different than shopping as a homebuyer. Yes, you have to like it. But more importantly, renters have to like it. Think about those elements that will attract the most potential tenants, and use that as your guide to a successful investment property purchase. When shopping for your investment property, here are the five most rentable qualities to look for: 1. Convenient location: Topping the list of investment property essentials, renters today are most concerned with having a location that is convenient to work, shopping and transit. Invest in a condo near these three and you will have a winner. 2. Affordable price: Following location, the thing that renters look at most closely is the cost of the rent. The lower the price, the more potential tenants you will attract, which is better for business. Keep in mind that most
renters aren’t looking for spare rooms and fancy finishes. For your investment property, buy small and buy cheap. 3. Extensive amenities: While some renters prefer a smaller, quieter condo building with little or no amenities, generally speaking, most renters would choose one with plenty of amenities over one without. The most important amenity by far is a good gym. 4. Flexible floor plan: Floor plans that allow for different uses of the space will once again open up your unit to more potential renters, for example a den that could double as a second bedroom. 5. Window coverings: This seems like a small thing, but it’s something that is very important to tenants. Invest in a good set of window coverings and your unit will be more attractive to tenants and will rent out faster. Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Check out his blog at truecondos.com. Contact him at 416-371-2333 or email andrew@truecondos.com
Please say you saw it in The Commercial Investor
Vol
Volume 15 Issue 01
13
Commercial Real Estate & Business Opportunities
Barry Hamill
Raymond Bumstead
Lifestyles Realty Ltd., Brokerage
Broker
Broker
Direct:
Direct:
519.376.9478
1525 16th St. E., Owen Sound, ON
519.372.0990
lifestyle@bmts.com
Southwest Ontario
519.373.2220
www.os4sale.com
COMMERCIAL/RESIDENTIAL INCOME PROPERTY Historic Landmark! On Main Street Owen Sound, Ontario Fronts on MAIN STREET & SYDENHAM RIVER 5000 sq. ft. commercial space 10-1 bedroom & 2-2 bedroom apartments Shows excellent return on investment Building is sound and in excellent repair! 11258272_0515
• • • • • • •
ASKING $799,000 4113_DJW_0026
George Gicopoulos
Sales Representative
Royal LePage Triland Realty, Brokerage* Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepage.ca www.georgegicopoulos.com www.royallepagecommercial.com
*Independently Owned and Operated
Roadhouse restaurant near London $255,000. Two family style restaurants w/short hours $55,000. JUST REDUCED one year old Burger/Shawarma place $75,000. K/W/Cambridge area busy truck stop restaurant with unbelievable lease.
SYMPOSIUM CAFE LONDON LOCATION $650,000
FAMILY RESTAURANT $355,000
A London landmark for many many years. Approximately 130 seats with plenty of on site parking. Successfully operated by the same owners for over 20 years. Busy, Reputable, Profitable Operation. Call for details.
ST. THOMAS - FREE STANDING ON 1/2 ACRE $495,000
Completely renovated recently tenanted by Wimpy's Diner Franchise on a ten year lease with renewal options. Approximately 2,750 sq. ft. with about 30 parking spaces. Great signage, visibility and easy access. Priced to sell at 8% cap.
0515_DJW_0010
Great location on London's Richmond Row at the corner of Central. With award winning patio overlooking Victoria Park. This well known and profitable Franchise has made a great transformation with tremendous increase in sales over the last 3 years. Details with George Gicopoulos.
4514_DJW_0067
Free standing 3330 sq ft building built in the 90s on approximately one acre of land on busy #4 Highway about half hour North of London with great visability and corner location housing a well known family restaurant for about 15 years. Net net rental of $3,000 per month with great covenant totally carefee investment with great return and no headaches. Call for details.
4514_DJW_0065
0515_DJW_0008
GREAT INVESTMENT AT OVER 9% CAP
8155109_0515
4514_DJW_0064
Southwestern Ontario Businesses/Properties
0515_DJW_0009
e 01
Free standing 2,400 sq ft building with full high dry basement of another 2,400 sq ft on a corner location and very busy road formerly used as variety store could be used for service and repair establishment variety Pharmacy, office Bake shop etc. Great location signage and visibility ideal for owner user as it is presently vacant, also offered for lease at $16.50 per sq ft net. Call for details.
THE BLACK OLIVE BISTRO - $75,000 REDUCED Newer, less than one year old restaurant offering shawarmas, burgers, pitas, salads & other fast food items in a great up coming location in rapidly developing southwest part of London. Just over 1,000 sq. ft. with nice patio. Top of the line equipment and furnishings offered for less than 50% of cost. Bring your expertise to this business and enjoy self employment with all its benefit.
Please say you saw it in The Commercial Investor
Vol
businesssavvy
FORGOT YOUR WALLET? NO PROBLEM. THE TIDE WILL TURN FOR IN-STORE MOBILE PAYMENTS
2
015 will mark the tipping point for near-field communication (NFC)enabled smartphone in-store payments, according to Deloitte’s 2015 Canadian Technology, Media & Telecommunications (TMT) Predictions. In 2015, about five percent of the 600 million NFC-equipped smartphones worldwide will be used to make an in-store NFC payment at least once a month, more than a 1,000 percent increase from 2014, making its way to Canada at the end of 2015.
“Canadian smartphones are already being used to check balances, transfer funds and transact online, which indicates that consumers are comfortable with using their phones to handle money. But almost no one used their phones for contactless in-store payments at the register,” said Duncan Stewart, Director of TMT Research at Deloitte in Canada.“2015 will be the first year in which all of the requirements for mainstream mobile payments – satisfying financial institutions, merchants, consumers and device vendors – have been sufficiently addressed.” Now in its 14th year, Deloitte’s TMT Predictions provide an outlook on the 10 most important trends for Canada in the technology, media and telecommunications industry over the next 12 to 18 months. Also in 2015, the smartphone upgrade market will see sustained, but slower growth. 1.4 billion smartphones will sell worldwide in 2015, up 12 percent from 2014’s 1.2 billion units. More than a billion smartphone sales worldwide will be upgrades, countering ideas that the device has matured and cannot be improved. “Although the smartphone refresh cycle is lengthening, existing smartphone owners are continuing to buy new phones. About 5 million smartphone upgrades in Canada will occur in 2015,” said Robert Nardi, Partner and National
TMT Leader for Deloitte in Canada.“PC growth has been on a decline as consumers and enterprises started to buy new ones at longer intervals, but it would be premature to expect the same to occur for smartphones. Pride, pixel count, durability and storage needs will continue to drive growth for smartphone refreshes.” CONSUMERS DON’T ALWAYS LEAD THE WAY: THE PENDULUM SWINGS BACK TO ENTERPRISE ADOPTION Historically, new technologies, like PCs and cellular phones, were adopted by the enterprise and then by the mass consumer market years later. In the last decade, it’s been the opposite. Tablets and smartphones with large screens were adopted widely by consumers first, but the pendulum will start to swing back. In 2014, consumer uptake of wearable technology like smart glasses was modest, signaling a shift away from the consumerization of IT. Enterprise adoption of wearables, 3D printing, drones and the Internet of Things (IoT) will have a bigger impact generating more economic value in goods and addressing business needs than the consumer market for those technologies. 10 TMT PREDICTIONS MOST RELEVANT IN CANADA (ALL DOLLAR AMOUNTS ARE USD): 1. In-store mobile payments will (finally) gain momentum – The end of 2015 will mark the tipping point for the use of mobile phones for NFC-enabled in-store payments in Canada. It will be the first year in which the multiple prerequisites for mainstream adoption – satisfying financial institutions, merchants, consumers and device vendors – have been sufficiently addressed. In 2015, about five percent of the base of 600 million NFC equipped smartphones worldwide will be used to make an in-store NFC payment at least once a month, compared to less than half a percent of about 450 million NFC phones in mid2014. In-store mobile payments in the Canadian market are likely to be slower than the US, depending on when various payment services are introduced, but 56 percent of Canadians are not interested in paying with a smartphone*. It remains to be seen if they will change their minds.
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Volume 15 Issue 01
Commercial Real Estate & Business Opportunities
2. For the first time, the smartphone upgrade market will exceed one billion. 1.4 billion smartphones will sell worldwide in 2015, but over a billion of them will be upgrades – new phones for those who already have one. The refresh cycle may be lengthening, but screen size, speed, storage, software and design will drive growth for smartphone refreshes. In Canada, more than 5 million smartphone sold will likely be upgrades 3. Print is not dead, at least for print books – Sales from print books will be at least four times the sales of eBooks globally. eBooks have not substituted print books in the same way that sales of CDs, print newspapers and magazines have declined. Young people (age 18-34) are as attached to print books as their elders and read at about the same rate than older demographics, and they are willing to pay for them. 4. The ‘generation that won’t spend’ is spending on TMT – Millennials who are 18-34 years old in Canada will spend an average of $750 for content, both traditional and digital. With 9 million millennials, that’s nearly $7 billion in sales for the Canadian media industry. What are millennials spending on? Pay TV, music, computer games, books, live sports, streaming video, and even print newspapers. In an Ipsos survey, commissioned by Deloitte, more Canadians aged 18-32 increased or spent the same amount of money this year than last on books (84 percent), live music (83 percent) or live sports (92 percent) relative to GenX-ers (78 percent, 76 percent, 82 percent respectively) or Boomers (78 percent, 73 percent, 76 percent respectively). 5. Click and collect booms: a boon for the consumer, a challenge for retailers. The number of click and collect locations in Europe will reach half a million in 2015, a 20 percent increase on the previous year. Click and collect provides shoppers with the option to pick up items purchased online from locations such as a special section in a store, or a secure locker located in a transit station or a shopping mall. It is prevalent in Europe, but just starting to be trialed in Canada, even though the concept was pioneered by a Canadian company back in the Dotcom era. 6. The connectivity chasm deepens as gigabit Internet adoption rockets – Globally, the number of homes with broadband Internet will grow by about two percent to 715 million, and average broadband speeds in most countries will increase by 20 percent. But variations in broadband speed in homes will be significant. The top decile of homes in some markets will have five times the average speed of those in the bottom decile. Factors unique to each home from the thickness of walls, age of a router, time of day and
15
browsing habits of neighbours will determine the actual speeds attained at each broadband-connected device. Hundreds of thousands of Canadians get broadband speeds of more than 50 Mbps, but even more have realized ‘broadband’ speeds of less than 5 Mbps. 7. The end of the consumerization of IT? In 2015, the pendulum of technology adoption will begin to swing back to the enterprise market, reversing a decade long trend that went the other way - when mass adoption of technologies like large screen smartphones and tablets started with consumer adoption first. 8. The Internet of things really is things, not people – In 2015, over 60 percent of the one billion global wireless IoT devices will be bought, paid for and used by enterprises - despite media focus on consumers controlling their thermostats, lights, and appliances (ranging from washing machines to tea kettles). The IoT-specific hardware will be worth $10 billion, but the services enabled by the devices will be worth about $70 billion. 9. 3D printing is a revolution: Just not the revolution you think - In 2015 nearly 220,000 3D printers will be sold worldwide, with a dollar value of $1.6 billion, but it is unlikely that there will be a “factory in every home.” Deloitte estimates about 80 percent of the value of all 3D printers will be for companies instead of consumers, meaning the real revolution will be in the enterprise market. 10. Short form video: a future, but not the future, of television - The total time spent watching online short-form video clips and programming of less than 20 minutes in length will represent less than three percent of all video seen in the year, both in Canada and globally. However, viewers of short form video may be more engaged and less passive than viewers of traditional long form video, meaning that ads for short form video may generate higher sales with a moreengaged audience. Deloitte’s TMT Predictions are based on worldwide research supported by in-depth interviews with clients, industry analysts, global leaders and more than 8,000 Deloitte member firm TMT practitioners. Over the last five years, Deloitte was more than 79 percent accurate with its TMT predictions. About Deloitte: Deloitte, one of Canada’s leading professional services firms, provides audit, tax, consulting, and financial advisory services. Deloitte LLP, an Ontario limited liability partnership, is the Canadian member firm of Deloitte Touche Tohmatsu Limited. deloitte.com
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Commercial Real Estate & Business Opportunities
WOODSTOCK
519-539-2070
Volume 15 Issue 01
ROSEMARY BROWN
MARK SCHADENBERG
PETER VANDERSAR
SALES REPRESENTATIVE
SALES REPRESENTATIVE
BROKER
519-532-9049 rosemarybrown@royallepage.ca
519-537-1553 mschadenberg@rogers.com
519-536-1200 peter@petervandersar.com
Southwest Ontario
FOR SALE Remarkable Versatile Village listing. For right buyer, wonderful Embro commercial opportunity exists in 2,300 sq ft 1-level office building at corner of Huron (Cty Rd 6) and Commissioners. Available now! Fully modern building includes 1996 addition with full basement. Currently set up as 9 room but 2 showroom/office areas (each over $285,000 400 sq ft) could be opened up larger. Village commercial zoning could permit work-at-home setting or purchase for your own professional use and (possibly) lease a portion to another business. Current owner would prefer a vet clinic not be operated from location as Embro Veterinary Services amalgamated its clients to Hickson and Dorchester locations. Newer roof. Modern mechanicals, including forced air gas furnace & security system. Interested buyer can ask about on-going debenture for sewer installation and list of inclusions and exclusions. Vacant now for your business ideas. 4514_DJW_0101
Approximately 2.7 acres with former ECOLE-SAINTEMARGUERITE-BOURGEOYS SCHOOL building on Huron Street for sale. Located in an older residential area of North Woodstock. This property could be developed for a variety of uses.
$1,500,000
4514_DJW_0104
FOR LEASE FOR LEASE 1600 square feet available for lease in commercial industrial building on Parkinson Road near 401 and 403 access. M1 Zoning with a variety of other businesses in this building, bring your ideas and see how you can fit in here among new manufacturing and service plants. Lease at $6.00/sqft. basic rent plus $2.70/sqft for common costs, realty taxes, building insurance and common maintenance.
2037 square feet of commercial space, 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 4514_DJW_0103 information contact Listing Agents.
478 DUNDAS STREET, WOODSTOCK MLS 74397 Excellent downtown core location, close to Museum, Banks & City Hall. Former Little Theatre storage space. Wide open space with 10 foot ceiling and full basement for storage. Come have a look and present your ideas to the Landlord for approval. Entrance from Market square. 2500 sq ft. Price – $4.00 Sqft. basic rent $605.00/Month common AREA COSTS
What our clients are saying about us “Very satisfied with the results! My Mary Street property is under contract - in total there were 16 inquiries (so far) as a result of the ad for this property (I track my calls: ‘Where did you learn about this property?’). Cootes Dr. will hopefully be leased by week’s end. Crystal Beach will be coming off the market for the winter months. The ad was well received by my sellers, 2 of which did not know I advertised their properties but were pleasantly surprised when looking through the Commercial Investor - 1 of which was picked up in a coffee shop. All in all great value for both myself and my clients.” Adam Skibinski Sales Representative
Royal LePage State Realty, Brokerage For information call 1.800.268.0077 Please say you saw it in The Commercial Investor
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Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
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Grimsby Hamilton Haldimand Stoney Ancaster Caledonia Cayuga Creek Dundas Dunnville
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
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HAMILTON
HAMILTON
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Commercial Real Estate & Business Opportunities
10216886_0515
Escarpment Realty Inc., Brokerage 860 Queenston Road, Stoney Creek INDEPENDENTLY OWNED AND OPERATED
Frank Angelone Sales Representative
Escarpment Realty Inc. Brokerage Independently Owned and Operated
Lynn Page
860 Queenston Rd., Suite A Stoney Creek, ON L8G-4A8
Tel: 905-545-1188
Sales Representative
(905)
545-1188 567-6257
1-800-
Get the POWER OF EXPERIENCE working for you More Exposure • More Market Knowledge For information email: • More Expertise • More Satisfied Customers fangelone@rmxemail.com •
Cell: 905-730-9591
DOWNTOWN STONEY CREEK
OPPORTUNITY KNOCKS
FOR SALE $495,000
Hamilton
$79,900
OVER 7% CAP
Kitchen and bath fixture business. Located on Nebo Rd. Exceptional lease terms in place strong sales. Please contact listing broker for sales figures. Over 90K invested in showroom display and showroom fixtures. Some inventory included. Business known for high quality products at reasonable pricing. Retailing to consumer and contractor clients. Client list, website, showroom fixtures and some inventory included in purchase. Seller will stay on to train for 30 days.
Well maintained building with 4 units: 3 commercial and 1 large 2-bedroom apartment plus a high basement. Excellent income. Loads of improvements. Please call Frank Angelone @ 905-545-1188 or 1-800-567-6257.
0515_DJW_0031
4514_DJW_0004
11294093_0515
William Hicks sales representative
Office - Industrial - Retail
INDEPENDENTLY OWNED & OPERATED BROKERAGE
0515_DJW_0023
Office: 905-335-3042 Ext 579
BurlOak real estate services BrOkerage
0515_DJW_1_0092
williamjoelh@gmail.com
Burlington Golden Horseshoe
OFFICE/RETAIL SPACE
CORNER VACANT COMMERCIAL LOT - FOR SALE
Very warm and inviting office space with 24/7 direct access. Located in a small busy plaza in designated growth area of Burlington. Plaza tenants include a dentist, chiropractor, government medical agency, fish market and fishing equipment outfitter. Great space for doctors office, walking clinic, accountant, professional office and retail possibilities. 1,522 sq. ft. with fresh offices and welcoming reception area. Call William for additional details.
Prime 107.40' x 205.12' (.5ac) Commercial corner vacant lot in dynamic area of West Burlington. This area in the heart of "Aldershot Village" is undergoing rapid re-development and intensification. Very close to the Hwy 403 access to major highways, serviced by municipal & provincial public transit services. This area is targeted for intensification in keeping with the Provincial Smart Growth mandate for the City of Burlington. The Zoning MXC - 175 allows for a wide variety of retail, commercial & offices uses. Excluded are all Residential uses & Supermarket/Grocery stores in excess of 1800 m2. Call Robert J. Lyons (Broker) at 905.335.3042.
Information provided by owner and is not warranted by Royal LePage Burloak Real Estate Services Brokerage. Subject to change without notice. 11287063_0515
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Commercial Real Estate & Business Opportunities
RE/MAX Escarpment Realty Inc Brokerage
8171399_0515
112 RAMSEY ROAD, DUNNVILLE $339,900
420 WESTBROOK ROAD, GLANBROOK $949,000
Mod former woodworking factory w/MG zoning (sev. permitted uses) in Dunnville’s ind. core. Orig. 3344 sq bldng + 5760 sq add. - 1994 frnt showroom w/offices & bathrms, 27’ free span ceilings, 8’ conc. flrs, 16’x14’ ovrhd drs, 400-600/3ph power, mun. water/sewers, lrg lot/compound, poss. 5000 sf expansion-90 mins S. Toronto.
Rare 10ac prop-incs 1.6ac leg. non-conf. comm. parcel frntng on Hwy 20+Westbrook10/15mns E/Hamilton. Incs 3000sf free-span retail bldng (1993) w/12’+16’ clngs, conc flr, 200 amp w/phase converter, sec. syt, 2 bathrms, well, septic & lrg prkng lot. Plus cust. home/2 wrkshps on remaining acreage - nat. seperated. Live/Work at Home...
0515_DJW_0109
4914_DJW_0048
120 MOHAWK POINT LANE, DUNNVILLE $799,000
Rare 56.7ac L.Erie pnt w/14cottage rntl business,10 yr bung, sev brns/outbldings, 45ac. wrkble (rented). Maj.of cottages positioned at sea lvl w/access to owned beach+rented to est. clientele @ per yr basis. Clean home is perched on bluff offers panoramic lake views- ftrs 3bdrms,1.5 baths, OC livrm/dinrm/kitch w/WO to lake fcng dck-inc full bsmt. 4514_DJW_2_0074
0515_DJW_0110
12 MAIN STREET N, HAGERSVILLE $299,900 ATTENTION ALL FOOD RELATED ENTREPENEURS - Profitable turn-key business in downtown Hagersville ftrs well maintained 2 storey bldg w/2x1 bdrm UL units (rented) & 28 yrs + est vibrant sub/restaurant w/ steady clientele. Offers ex. visual exposure/hi-volume of vehicle/pedestrian traffic. All equip. inc. P&L avail.
113 MAIN STREET, JARVIS $289,000 Calling all developers/contractors/investorslrg 5.2 ac parcel of comm. zoned land loc. at N. end of Jarvis. Irreg. shaped lot w/ ex. visual exposure+mat.tree lined side/rear boundries. Flat accessible site w/mun. water, mun. sewers, n/g, hydro, telephone+cable at or near lot line. Poss. to rezone for residential exists. Buyer to verify permits.
4514_DJW_0042
2031 MAIN STREET N, JARVIS $147,500 Afford ext renoed 1.5 stry home w/det garage +300sf comm storefront w/2pc bath & sep meters. LR w/n/g FP, MF laund & bdrm, 2 UL bdrms, dinrm w/patio dr WO, kitch w new cabinets/cntrtps -11, part bsmt, roof/eaves/soffit -12, windows -11, hrdwd/laminate -11, trim/baseboard -11, light/plumbing fixt -11, fresh paint/decor, conc drive, fenced yard. 0515_DJW_0032
95 QUEENSTON ROAD, HAMILTON $119,900
Turn key pre-owned auto sales biz. 13 yrs at current location (18 yrs total) lease incs 50' x 100' paved lot, 10' x 20' htd office trailer - long term lease available. Price incs approx. $90K of pre-owned cars (sold certified @ wholesale price), phone #, clientele lists, ext. signage. No P & L/No VTB. Lrg inventory = instant cash flow. 4514_DJW_1_0007
Please say you saw it in The Commercial Investor
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. 0515_DJW_0033
5 JOHN STREET, HAGERSVILLE $49,900 Affordable Commercial Opportunity in Hagersville! Offering open conc office area, 2 piece bathroom & high ceilings. Make it a blank slate and create/expand your business! Close to downtown core and shopping hub. Many uses and walking distance to all amenities. Buyer to verify zoning! 0515_DJW_0034
Hamilton
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Hamilton 8171452_0515
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Hamilton
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Volume 15 Issue 01
Commercial Real Estate & Business Opportunities
INVESTPRO REALTY LTD.,
VMYSL
BROKERAGE
Specializing in Multi-Residential Listing and Sales
Dino Nicosia, Broker of Record
“Your Investment Partner for Life”
Kandy Thompson,
Sales Representative
Direct: 289-244-5627 Email: kandy@investprorealty.com
Direct: 905-870-5852 Email: dino@investprorealty.com
3 COMMERCIAL AND 16 RESIDENTIAL Hamilton
E M SODES S ED RA NE UPG
GREAT UPSIDE OPPORTUNITY
12 UNITS, HAMILTON
D TE VA ION O N NS RE MA
East Hamilton near Ottawa St. shopping district. Arrange own financing. VTB Second mtg. Priced for quick Sale. Visit our website for details.
9558936_0515
www.investprorealty.com
Great condition and location. Renovated, spotless building. Never any vacancy. Safe investment. Visit our website for 4114_DJW_1_0054 details.
4114_DJW_1_0059
46 UNITS, DUNNVILLE
11 UNITS, DESIRABLE EAST HAMILTON H RT IVE WOE DR TH
Near Gage Park and the Red Hill Express. Great condition. Rents are low with huge upside. It could be purchased with the 10 units. For more details and financials visit our website.
30 minutes from Hamilton. Only 8 years old. For more details visit our website. 0515_DJW_0095
4114_DJW_1_0057
10 UNITS, DESIRABLE EAST HAMILTON
24 UNITS, LONDON T LID EN SO STM E INV
Near Gage Park and the Red Hill Express. Great condition. Rents are low with huge upside. It could be purchased with the 11 units. Room to add another unit. For more details and financials visit our website.
Rents below market. Shows well. Great upside. Visit our website for more information.
0515_DJW_0096
4114_DJW_2_0071
8 CONDO TOWNHOUSE COMPLEX, EAST HAMILTON W NE
PR
IC
7 UNITS IN STONEY CREEK
E
Good condition and location. Rents below market for the area. For more details visit our web site.
RE RA A FIND
Large lot with garage. Most units renovated with private decks. Fantastic income. For more details visit our website.
4114_DJW_2_0112
“Ready to invest?...you deserve the best” Please say you saw it in The Commercial Investor
4114_DJW_1_0060
Vol
Volume 15 Issue 01
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Commercial Real Estate & Business Opportunities
11294087_0515
Larry Szpirglas BROKER
Located in the heart of the downtown core in prominent office tower at the corner of King and James St.
Prime office space located in the heart of the downtown core in prominent office tower at the corner of King and James St. Close to all amenities and City Hall, financial institutions, Government offices, shopping, public transportation, easy access to QEW. Property is well maintained and updated with improvements including elevators (2012), roof (2010), window caulking (2011) and ongoing energy conservation programs. Many prestigious tenants in the building. After hours access to building.
T
STATE REALTY BROKERAGE INDEPENDENTLY OWNED & OPERATED
Numerous options available including an outright sale of the business and building, a sale/ leaseback etc. Possible VTB available. To be sold �as is� basis.
h e
S
h a r m a
T
FOR SALE $1,029,000 OR FOR LEASE $4.75 PER SQ. FT. Excellent well maintained industrial warehousing/manufacturing space in Stoney Creek. High traffic location with great exposure. Close to QEW, Red Hill Parkway and Lincoln Alexander Expressway. Three loading areas and one loading dock, dock leveler and upgraded electrical. Two office spaces at front of building. Plenty of parking on site. Tenant pays occupancy cost, property taxes and insurance.
e a m
905-662-6039 905-574-7441
Rick Sharma
info@ricksharma.com
www.thesharmateam.com
CAR LOT - EAST HAMILTON
$389,900
0515_DJW_0024
High exposure, well established Car Lot close to Queenston Traffic Circle. Solid brick & block constructed building w/2 Offices & huge 20 feet x 30 feet Garage Bay with up & over door. Hydraulic hoist & Compressor included. Amazing traffic count. Parking facility up to approx. 30 vehicles. Have been in business for decades. Close to all amenities & easy access to major Highways. For more, visit www.thesharmateam.com
VARIETY STORE - BRANTFORD
$69,999
0515_DJW_0026
Prime area of Brantford in a very busy strip mall with corner exposure. High traffic count, pylon sign. Lots of parking. Well established Convenience Store approx 1800 sq.ft . 649 LOTO Machine, Ticket Sales etc. Ideal family business. Equipped with security system. Call for more details go to www.thesharmateam.com
Hamilton
0515_DJW_0041
INDUSTRIAL WAREHOUSE/ MANUFACTURING SPACE IN STONEY CREEK
BROKER
MULTI UNIT PLAZA - STONEY CREEK
$13.00 PER SQ. FT.
Approximately 1 year new. Approx. 1,716 Sq. Ft. of space, among other triple A tenants, on a very busy intersection, with great highway exposure, pylon sign and lots of parking. Fantastic traffic count. Easy access to QEW. In the heart of Stoney Creek next to TD Bank. Presently set up as a sit down restaurant. See "www.thesharmateam.com" for more.
0515_DJW_0025
ESTABLISHED MOTEL - SIMCOE
$974,900
0515_DJW_0027
Please say you saw it in The Commercial Investor
Established Motel in prime area of Simcoe. 16 units +2 storey, 4 bedrm Owner's residence/Office. Sits on approx. 1.7 acres of land w/potential for 30 more units OR other commercial development. Priced at Cap rate of 8% return on investment. Seller willing to assist in Financing. For more, visit www.thesharmateam.com.
11294094_0515
PRIME OFFICE SPACE
Be a part of downtown core resurgence with this outstanding opportunity strategically located in the heart of the renowned International Village. Long established popular and successful restaurant business and building for sale. Building contains a restaurant on the main level, a retail rental unit and 2 upper levels that can be renovated to re-create numerous rental units. Several city incentive programs available to convert to residential. Ideal for future redevelopment.
FOR SALE OR LEASE 0515_DJW_0040
SQ $9.5 .F 0 T. PE +T R M I
DOWNTOWN HAMILTON OPPORTUNITY
. FT Q. R S 00 PE 29,0 .75 ,0 $4 $1
0515_DJW_1_0013
Tel: 905.648.4451 Email: larryszpirglas@royallepage.ca 0515_DJW_1_0012
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Commercial Real Estate & Business Opportunities For
Further inFormation:
John hryczynski Broker
(905) email:
529-5900 x 240 John@BBsrealty.com
www.BBsrealty.com
REAL ESTATE BROKERAGE
commercial real estate
CommerCial real estate sales and leasing serviCes RESTAURANT BUSINESSES & BUILDING FOR SALE
PRIME WEST HAMILTON LOCATION A mixed use commercial residential development site on Main St. W. located between McMaster University, Hwy 403, Locke St. and downtown core. Parcel consists of existing usable buildings and a large lot, ideal for a mixed use or residential condo development. Rezoning in progress, potentially up to 100 residential condo units. Call LB for details.
WEST HAMILTON/DOWNTOWN Prime West Hamilton Downtown Entertainment District location. Excellent mixed use investment. Splendid Victorian building with loads of character. Many recent renovations. Building contains 3x2 BR & 1 Bach res. & 2 vacant comm. units suitable for a restaurant & other retail/office uses. Attractively priced at $1,075,000, possible VTB available. Call for details.
A spectacular turn key restaurant ready for new owner. This 3 story building is renovated throughout w/ a Mediterranean style restaurent w/full kitchen on main floor, part finished basement, 2nd floor party room & apt. on top floor Ideal owner operator set up. Liquor License in place. Possible VTB, asking $499,900.
BUSINESS FOR SALE
RETAIL FOR LEASE
RETAIL/OFFICE FOR LEASE
Hamilton’s Locke St. Business District
Outstanding opportunity to purchase this turn-keyed popular Tea & Yogurt business. Owner spent over $250,000 to renovate, equip and develop this franchise potential concept. Prime Locke St. business district location, great corner exposure, good lomg term lease. Seller is wholesaler and will provide guaranteed supply of quality Tea’s if buyer retains brand name. Exquisite store decor and ability to add additional uses. Asking $174,900, possible VTB available for qualified buyer.
0515_DJW_2_0066
Downtown International Village Location A turned keyed Korean Restaurent business for sale in the heart of the growing downtown core close to the new Royal Connaught Condo Development, Columbia College, Theatre district and downtown office towers. This restaurant is in immaculate condition, Imediate possession, asking only $379,900.
0515_DJW_1_0089
Hamilton
0515_DJW_1_0103
MIXED USE BUILDING FOR SALE
0515_DJW_0067
MIXED USE/CONDO DEVELOPMENT SITE
HAMILTON MOUNTAIN 170 SILVERCREEK PARKWAY NORTH, GUELPH Prime Hamilton Mountain retail plaza. Excellent 9,812 sf end cap Located on a major arterial road across from Willow West Mall. unit in this busy plaza. Superior exposure to high traffic, quick Many national tenants on this power retail strip. Available space: access to the LINC expressway serving the greater Hamilton Unit 2-2151 sf, end cap unit ideal for variety store; Unit 6-3400 sf, area. Large open retail space with warehouse and loading door. ideal for bar/restaurant or most other retail/office uses and Unit Generous parking. Ideal for most retail uses. Immediate posses- 7 - 4555 sf, divisible, ideal for most retail/office uses. Affordable rents, asking from $12.95 - $13.95/sf net. Abundant parking, sion. Asking $13.95/sf net. immediate possession. Price Reduced. Call for details.
www.TGRbooks.com Lijoy Ulahannan is a Speaker, Trainer and Commercial Real Estate Broker with Highyon Realty. Golden Horseshoe Enterprises offers education and training to business owners and agents.
How To Buy Canadian Commercial Real Estate
The Golden Rules
The Golden Rules
for Commercial Real Estate Investors
for Negotiating a Commercial Lease
Cashflow
Essential Real Estate Clauses
Lijoy Ulahannan
Lijoy Ulahannan
Lijoy Ulahannan
How To Buy Canadian Commercial Real Estate
TGR for Commercial Real Estate Investors
TGR for Negotiating a Commercial Lease
The “How to” book, complete with Forms, Creative Financing ideas, and SO MUCH MORE!
The step-by-step guide to investing in Commercial Real Estate.
Discover the Clauses essential to include when signing a CRE Lease.
Complete Toolkit for Institutional and Private Investors
Visit us at www.TGRbooks.com for our promotional pricing Golden Horseshoe Enterprises | 350 Highway 7 East | Suite 310 | Richmond Hill | Ontario | L4B 3N2 | Canada Please say you saw it in The Commercial Investor
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Visit my website
Augie
276 Main St. W. Hamilton, Ontario (just West of Queen St.) L8P 1J8
Ammendolia BROKER
905-518-6713 Office: 905-522-6001
HAMILTON INCOME PROPERTIES HAMILTON CENTRE - COMMERCIAL/ RESIDENTIAL BLDG.
$1,295,000
Great location. 12,000 SF - 6 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 3714_DJW_2_0084 SIZE: 107.3 FT X 158 FT.
NEXT TO HARVEY'S/ ACROSS FROM CENTRE MALL
$894,000
HAMILTON DOWNTOWN DEVELOPMENT SITE
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.
SOUTHWEST HAMILTON - SHARP DUPLEX
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. 4914_DJW_0085
WELL ESTABLISHED HAMILTON BAKERY (BUSINESS AND REAL ESTATE)
$575,000
FOR LEASE JAMES ST N ART DISTRICT
3714_DJW_2_0078
ING D N PE SALE COMING SOON DUPLEX CENTRAL HAMILTON 4914_DJW_0052
$184,900
$479,900 NEWLY LISTED!!! 1 & 2 bdrm units. Close to downtown and trendy Locke St. business district area. Major improvements, newer i.e. boiler, AC units, bathrooms, kitchens. Currently occupied by excellent tenants. Separate hydro meters. Rear parking plus single car garage.
3714_DJW_0059
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.
LARGE DUPLEX NEAR OTTAWA ST.
$895,000
11 unit apt. building (6-2BR, 5-1BR) in trendy South Central location, walking distance to downtown, shopping, parks. Many upgrades: 2 new boilers ‘02, newer commercial water heater, thermo windows, newer roof steel overhang, new roof in 2014 separate hydro meters. Tenants pay hydro. All rents currently charged below market value by $100 to $150 per month 3714_DJW_1_0042 approximately.
3714_DJW_1_0083
Great opportunity for owner/ user. Approx. 4,000 sq. ft. on 2 floors directly across Centre Mall - Box Stores, adjacent to Harvey's. Opportunity for various uses, restaurants, Medical offices etc. Ample parking approx. 34 cars. High traffic flow. 3714_DJW_1_7005
HAMILTON CENTRE 11 UNIT APT. BLDG.
$1,295,000
Large 1st floor space available for a variety of uses among restaurants, bars, galleries, in the Heart of Jamesville Art Scene, Approx 3,000 SF plus high basement. 4914_DJW_0086
$299,900
HAMILTON CENTRE TRIPLEX
LEGAL 2 FAMILY!!! Investor alert, 2 fresh units in this cozy 1 1/2 storey property close to Ottawa Street and the market and big box stores. Main floor is a 2 bedroom unit with door to back yard and 2 car garage. Upper unit has a large bright kitchen and nice size bedroom and living room.
Sharp triplex to Downtown and James St. North Art District. Excellent location. Updated kitchens and baths. 1st flr 1 BR and large 4 BR Upper unit. Presently vacant. Electrical wiring separated ready to receive separate hydro meters. Choose your own tenants.for sale. Close to downtown. LOT SIZE: 107.3 FT X 158 FT. with new kitchen cabinets and bathroom fixtures.
4914_DJW_0053
Please say you saw it in The Commercial Investor
Hamilton
Cell:
8471320_0515
e 01
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Volume 15 Issue 01
Commercial Real Estate & Business Opportunities
George Gillespie SaleS RepReSentative George@georgegillespie.com
STATE REALTY BROKERAGE INDEPENDENTLY OWNED AND OPERATED
905-662-6666 1-877-574-7441
Tori Kellett SaleS RepReSentative torikellett@royallepage.ca
274 MAIN STREET EAST, GRIMSBY New stand alone, state of the art building. Prime retail, office, or many other uses. On the main Grimsby corridor, excellent highway access. Close to hospitals, retirement homes, large residential neighbourhoods. Very popular and ever expanding area. Large traffic count. All modern amenities. For sale or lease. Many outstanding bonuses.
11294123_0515
CHRIS KLASHOFF
Sales Representative
STATE REALTY BROKERAGE INDEPENDENTLY OWNED AND OPERATED 1- 877-574-4601 TOLL FREE
905-574-4600 chrisklashoff@royallepage.ca www.chrisklashoff.com
“Your Partner to Success!”
1129 Main St. E., Hamilton, ON
Hamilton
0515_DJW_0111
MR. SUB - INVESTMENT OPPORTUNITY Turn key "Mr Sub". Excellent location. High traffic plaza. Neighbours Royal Bank, Shoppers Drug Mart, Canadian Tire, Sobeys, and the Beer Store. Corner unit. High visibility. Lots of parking. Near high schools and large residential area. Financials available. $115,000. Everything included. Plus bonuses and good long lease. 0515_DJW_0112 11294305_0515
Call George Gillespie or Tori Kellett today for more exciting details. Royal LePage State Realty at 905-662-6666 or 1-877-574-7441.
$229,900 OUTSTANDING LIVE/WORK OPPORTUNITY! Located on one of Hamilton's busiest streets, in the up & coming East end, close to Ottawa Street, Tim Hortons Field & Gage Park! Clean & Crisp, 954 square feet main floor Storefront and/or Retail/Office space, with rear loading, A/C & 1 parking spot! H Zoning allows for many uses! Current walls can easily be removed for more of an "open concept" space. Clean 2nd floor 2 Bedroom Apartment with Spectacular Living Room with Gas Fireplace, and walk out Patio/Deck! Full, high & dry Basement offers additional Office/Storage space, or owner's handy overnight rest quarters featuring 1 Bedroom, Living room with Gas Fireplace & 3 piece Bath! Ample public parking, on main bus route; what are you waiting for?! 0515_DJW_0064
businessbarometer
SMALL BIZ OPTIMISM UP BUT UNCERTAIN IN JANUARY
S
mall business confidence seemed to bounce back in January, but national gains were based on increases in only three of 10 provinces, according to the Canadian Federation of Independent Businesses (CFIB). January’s Business Barometer reading rose about a point and a half to 63.5, after bottoming out in December. “The positive national news needs to be tempered by the fact that small business confidence in seven provinces continued to decline,”said Ted Mallett, CFIB’s chief economist and vice-president.“We may be starting to see the positive impact of lower oil prices, particularly in Ontario, but it’s clear that small business owners in places like Alberta are more than a little concerned about what the future holds.”
and nation-leading British Columbia (71.7) declined slightly. A clear interruption in capital investment plans was a deeply concerning development in January. There were signs of improved segment spending on vehicles and production equipment, but only 55 per cent of business owners were planning to make any capital expenditures in the next 12 months - a post-recession low. Concerns about customer demand and working capital also spiked. On the positive side, an overwhelming majority (four to one) of small business owners continued to say that their businesses were in good shape, and spring hiring plans showed the expected seasonal bump, though it was not quite as large as what we had seen the past two Januarys.
Measured on a scale of 0 to 100, an index level above 50 means owners expecting their businesses’ performance to be stronger in the next year outnumber those expecting weaker performance. According to past results, index levels normally range between 65 and 70 when the economy is growing at its potential.
“This is a story that is continuing to play itself out,”added Mallett.“It’s obviously a story about oil prices, but it’s much too soon to tell just how deeply the negative impacts will be in and around the oil sector, or how much of that negativity will be offset by oil price-related improvements in other parts of the country. The next few months will be very interesting.”
Optimism gains in Prince Edward Island (69.8), Ontario (67.8) and Nova Scotia (64.9) accounted for the national surge. The Alberta index, meanwhile, plunged more than 11 points to 54.8. Newfoundland and Labrador (60.3), Manitoba (57.1) and Quebec (56.3) also suffered moderate losses of between two and four points, while small business confidence in Saskatchewan (55.1), New Brunswick (64.1)
January 2015 findings are based on 1,094 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Data reflect responses received through January 19. Findings are considered accurate to +/- 3.0 per cent 19 times in 20. CFIB is Canada’s largest association of small and medium-sized businesses with 109,000 members across every sector and region.
Please say you saw it in The Commercial Investor
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Volume 15 Issue 01
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Commercial Real Estate & Business Opportunities
BROKERAGE
11294266_0515
LIVE & WORK
TURNKEY OFFICES
$729,900
Across the street from Juravinski Hospital, previous Doctor's office for 25 years but could be other professional space. Well cared for building w/reception & waiting area plus 5 separate examination rooms & office w/walkout. Three entrances. Please call Ron Leaist, Broker/Manager at 905-648-6800 or email leaist@judymarsales.com 0515_DJW_0106
Ron Leaist
Sales Representative
Broker/Manager
Email: karpavicius@judymarsales.com
Email: leaist@judymarsales.com
Cosmo Costa
9742018_0515
Andrew Karpavicius
SALES REPRESENTATIVE
Your Investment Property Specialist
Centrally located all brick contra main-free ext, legal non-conforming triplex consisting of 3-2 bdrms units that have been totally redone. Updated electrical, plumbing, 100 amp service, rear steel fire escape, many other updates V.T.B. Gross - $45,300. NOI $39,093. $349,900.
PLAZAS IN THE GOLDEN HORSE SHOE AREA with excellent tenant profile with an UPSIDE. For more information, please contact the exclusive sales rep.
www.cosmocosta.ca
0515_DJW_0108
STATE REALTY BROKERAGE
Totally renovated large duplex unit #1 has 3 bdrs, family room, eatin, 4 pc bathrm, basement. Unit #2 consists of large kit, famrm, 3 pc bathrm, bedrm, totally private entry.
CENTRALLY LOCATED 10 UNIT All Brick Constr. BLDG consisting of 6-1BR, 3-2BR & 1 Bachelor. Some parking, separate meters. Gross income $69,060. N.O.I $52,669
CALL 905-662-6666
Please say you saw it in The Commercial Investor
Hamilton
$389,900
Own a piece of Dundas rich history and heritage. A striking example of Ontario Gothic design, with original features. Front and sides of the original structure are designated Historical. 200 AMP service. Please contact Andrew Karpavicius, Sales Representative at 905-648-6800 or email karpavicius@judymarsales.com 0515_DJW_0105
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8181662_0515
Ramzi Twal Sales Representative
PINNACLE REAL ESTATE BROKERAGE Each Office is Independantly Owned and Operated
905.388.1110 / 1.877.938.1110
ramzi@ramzitwal.com | www.ramzitwal.com 775 Upper Wentworth St. Hamilton ON
Hamilton
FOR LEASE 2000 square foot commercial space on Upper James in Hamilton Mountain suitable for Medical use, office or retail. • Great exposure and location. $24,000 per year plus applicable taxes. •
PARTY SUPPLIES STORE (OAKVILLE) 28 years in same location. Turn key operation. Good lease in place. Training for 2 weeks. Price includes stock at cost, min. $50,000 in stock. All party basics: paper plates, streamers, balloons to wigs & costumes. Steady stream of clients for every conceivable occasion. Please don't go direct. MLS H3144195 4514_DJW_0112
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Mazhar Roshan Sales Representative
905.929.9800
Direct
905.318.3800 24 Hr. Pager 647.609.9463 GTA Direct mazharroshan@sympatico.ca GREAT BURLINGTON LOCATION - $114,900
BROKERAGE
I have qualified buyers for up to $5m in commercial and investment buyers. Call for details.
RETAIL STONEY CREEK MOUNTAIN
DOWNTOWN - HAMILTON $1,500,000
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.
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.
4914_DJW_2_0024
4914_DJW_2_0018
D TE VA R TI LLE O M SE
price reduced Restaurant/Bar/Poolhall business, runs on short hours Monday-Saturday, 15,000 sq ft facilitiy with very reasonable rent and long lease, hands-on entrepreneur needed, lots of potential, showings after 2 pm. 4914_DJW_1_6000
BUSINESS FOR SALE Well Established restaurant. short hours 8:00 am to 4:00 pm. Doing very well in sales. Real Money Making Business. Lots of potential. Good for family or business minded person. Serious buyers call for detail. UPPER JAMES HAMILTON Great location of long established Quizno Subs doing around 400K sales yearly. Long lease and very reasonable rent. Good for family operation.
BUSINESS OPPURTUNITY If you are looking to open a nail and massage spa, I have an oppurtunity to takeover an existing business that would cost less than to open a new business! Nice set up. All equipment included. Call for details.
HIGH VOLUME CONVENIENCE STORE Doing approx.. $1M in sales per year. Lottery income extra. Reasonable rent. Long lease. A money Maker! Great family operation. East Hamilton location
CONVENIENCE STORE AVAILABLE Doing $12,000. Per Week. Prime Location. Call Mazhar for more details.
“My Business is to Sell Your Business”
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Volume 15 Issue 01
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Commercial Real Estate & Business Opportunities
AL IS YOUR #1 CHOICE!
SEARCH FOR AL ON
FOR SELLERS & BUYERS SEARCH ONLINE @ REALTOR.CA OR GET THE APP! (FOR SMARTPHONES)
FOLLOW US ON FIND US ON
ESCARPMENT REALTY INC. BROKERAGE
DIRECT LINE
Guaranteed Selling System
Al Cosentino
TOLL FREE
www.alcosentino.com
Sales Representative
INDEPENDENTLY OWNED & OPERATED
1-855-570-9997
EAST HAMILTON
STONEY CREEK MOUNTAIN
905-570-9997 al@alcosentino.com
VINELAND (WINE COUNTRY) 4 to choose from country residential building lot with hydro, natural gas, sewers. Taste of fresh air. Ideal for small builder or build your home. Al is your #1 choice!
“AMAZING VACANT 2 ACRES”
“AMAZING NEW WORK PLACE”
449,997
$
Approx 2 acres irreg vacant flat land zoned rural industrial. Excellent future development. Great investment to hold. Growing area. Al is your #1 choice!
SOLD TO N OUT OF TOOW INVEST R
OR MAKE AN OFFER
0515_DJW_0059
EAST HAMILTON
EAST MOUNTAIN
“AMAZING UNIQUE SETUP”
84,997
$
OR BEST OFFER
FINANCING AVAILABLE
4114_DJW_0047
“AMAZING AFFORDABLE LOT”
CENTRAL EAST HAMILTON “AMAZING INCOME PROPERTY”
SOLD R TO INVESTO
149,997
STARTING
219,997
$
Over 4000 sqft of space. Great for storage or working area and office above. Approx 2300 sqft of warehouse garage, 12 ft door. “K” industrial zoning. Al is your #1 choice!
4914_DJW_0035
ANCASTER/COPETOWN “AMAZING 1 ACRE, SCHOOL HOUSE & HOME”
$
OR MAKE AN OFFER
Perfect for manufacturing & trades. 1 stry. Rear office building w/bath. Approx 1000 sqft quonset metal storage/working building + carport storage. ‚“K” industrial. Al is your #1 choice!
0515_DJW_0060
“AMAZING CORNER FOR PROJECT”
499,997
$
Corner exposure high traffic OR TRADE/ used as car lot or for many other CASH uses. Zoned “H” Commercial 145 x 100 development project. Ask for Al’s online marketing today. 2514_DJW_2_0066
189,997
$
OR MAKE AN Used as 3 residential units. 2.5 OFFER
stry brick. Newly finished in-law suite (vacant). 200 amp breaker, newer windows, approx 6 yr gas furnace. Rear fire escape. Tim Hortons/Bakery just a walk away! “Al is your #1 choice.” 3314_DJW_0045
444,997
$
OR MAKE AN OFFER Old school house 1887 w/steel
roof, w/many options. Updated & upgraded 4 lvl side split w/ 2 car garage. Lots of open space, country living & lots of parking. Al is your #1 choice!
ASK FOR AL’S GUARANTEED SELLING SYSTEM, SOLD WITHIN 47 DAYS* OR WE BUY IT! STAR REAL ESTATE LIMITED, BROKERAGE 1184 Barton Street East Hamilton, Ontario www.starrealestatehamilton.com
0515_DJW_0061
*CALL FOR DETAILS
Frank Ferraro BROKER
(905) 549-3527
8665727_0515
Call FRANK FERRARO, Broker (905)549-3527 or email hamiltonhomes4u@hotmail.com for more details.
COIN OPERATED CAR WASH Spectacular 6 bay coin operated car wash w/touchless laser wash. Fully automated & can be run with a laptop! Located in growing Grimsby area. Neighbours incl. Boston Pizza, 3 car dealerships (Ford, Chrysler, Hyundai), Voyagers Visitor Centre & the “GO” Stn. Touchless wash is the renowned P.D.Q.-N5. All wash bays accept loonies, toonies, all bills, Fleet cards & credit cards. 5 super vacuums, 1 vacuum w/scrub. Business approx. 5 yrs. old. Listed @ $1,695,000. 0515_DJW_2_0067
HI-TRAFFIC LOCATION! Two buildings for the price of one! Main bldg. approx. 2,230 sq.ft. being used as a retail store. Rear bldg. approx. 775 sq.ft. & used for a catering/take-out business. Listed at $485,000. 0515_DJW_0045
For more details call FRANK FERRARO, Broker (905)549-3527 or email hamiltonhomes4u@hotmail.com Please say you saw it in The Commercial Investor
Hamilton
11273535_0515
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Commercial Real Estate & Business Opportunities
Volume 15 Issue 01
The Commercial Mortgage Some things to consider
I
By Jayson Schwarz and Konstantine Chatzidimos
f you are reading this article you may just be considering acquiring a commercial property, i.e., a commercial or industrial condo, an office building, a manufacturing/warehouse facility, apartment building, strip mall etc., and this generally involves the negotiation of a commercial mortgage. While most of you may have had experience with residential mortgages, commercial mortgages come with their own set of rules and headaches. This article explores a few of the considerations inherent in the procurement of commercial mortgage financing.
CASE BY CASE BASIS The principal challenge in securing a commercial mortgage is meeting the requirements of the commercial lender at a given point in time. Commercial mortgage applications are typically more involved than residential ones and are open to considerable subjective analysis on the part of lenders. This is because the assessed value of the underlying security, i.e., the real estate, is driven mainly by market forces occurring where the property is situated. Hence, location, timing of the current economic cycle, use, rental income and expenses or owner occupancy are key factors considered by lending institutions before advancing a loan. LOAN TO VALUE RATIO As you can guess, commercial investment properties are viewed conservatively by lenders and require significantly more equity than may be required in the residential scenario. Loan to value (“LTV�) is the percentage calculation of the loan amount divided by the purchase price. If you know the LTV requirements of a particular lender, you can calculate the loan amount by multiplying the purchase price by the LTV percentage. Note, however, that the purchase price must be buttressed by an independent property appraisal. If the appraisal shows a value less than the purchase price, lenders will typically use the lower number in determining the loan value.
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Volume 15 Issue 01
Commercial Real Estate & Business Opportunities
HOMEWORK BEFORE APPROACHING A LENDER Approaching a commercial lender is not simply a matter of just showing up. There is a long list of things you should know and have prepared prior to making a commercial mortgage application; they include: (i) an appreciation of the typically lengthy commercial mortgage application process; (ii) an understanding of cash flow generated by the property relative to debt servicing the mortgage; (iii) ensuring appropriate ‘conditions’ are set in the Agreement of Purchase and Sale; (iv) the documents the lender will require so it can intelligently assess the risk involved; (v) the third party reports that will be required as well as the approximate costs and time required to complete them; (vi) a knowledge of the financial criteria the lender will use to assess the application; and, (vii) an understanding that the lender may request collateral security in addition to the property; (viii) A survey and all pertinent zoning information. The above list is by no means exhaustive. As such, it is prudent to meet with a lawyer experienced in the area of commercial real estate acquisitions at the beginning of the process in order to make sure you are covered going into the deal. TIMELINES Given the higher degree of lender risk inherent in commercial financings, lenders typically require anywhere from 30 to 90 days to carry out their due diligence on commercial mortgage applications. It typically takes this long as procuring various necessary documentation, i.e., Environmental Assessments, Property Appraisal(s), Financial Statements, Operating Statement etc., takes time. Given this, purchasers must ensure that the financing condition in the Agreement of Purchase and Sale affords sufficient time for said diligence to be carried out.
THE PRINCIPAL CHALLENGE IN SECURING A COMMERCIAL MORTGAGE IS MEETING THE REQUIREMENTS OF THE COMMERCIAL LENDER AT A GIVEN POINT IN TIME. COMMERCIAL MORTGAGE APPLICATIONS ARE TYPICALLY MORE INVOLVED THAN RESIDENTIAL ONES AND ARE OPEN TO CONSIDERABLE SUBJECTIVE ANALYSIS ON THE PART OF LENDERS. COLLATERAL SECURITY Prospective purchasers should also be aware of the possibility that other collateral security may be requested by the lender to secure the commercial mortgage. In many cases a personal guarantee will be required. The quantum of the guarantee will depend on lender’s assessment of the overall risk of the transaction. Purchaser guarantees of 50 per cent of the mortgage amount in such deals are common. In addition, lenders typically require property insurance be in place for a sum covering the full quantum of the mortgage. CONCLUSION Commercial mortgages are more complex financing vehicles than the residential variety to which most people are accustomed. There are numerous elements to be aware of and a considerable number of things to come up to speed on when considering the purchase and financing of a commercial property. This article only scratches the surface and it is recommended that you consult directly with a commercial lender or lawyer experienced in the trials of commercial real estate should you be in the market to purchaser a commercial property. Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the web site (www.schwarzlaw.ca), email (kchatz@schwarzlaw.ca), or phone us at 888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.
Jayson Schwarz LL.M is a Toronto business lawyer and senior partner in the law firm Schwarz Law LLP. Konstantine Chatzidimos is a Toronto business lawyer and associate in the firm.
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GREATER TORONTO AREA
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
GTA SECTION
COVERING: Ajax Alliston Bowmanville Bradford Bolton Burlington Brampton Concord, Durham Region
Etobicoke Georgetown Georgina Keswick Markham Milton Mississauga Newmarket North York Oakville Oshawa
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contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
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Volume 15 Issue 01
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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
AJAX Well maintained attractive building for Auto Sales on very busy location. Lots of parking, service area. Close to Hwy #401. Over 8,000 sq. ft.
3 storey office/retail on the Danforth. Fully leased corner location. Short walk to Woodbine Station.
$1,700,000
ASKING 0515_DJW_0118
BEACHES
ASKING
$1,390,000
Fantastic opportunity in the Beaches. Corner property ready to go for bar. With equipment included and existing outdoor patio.
ASKING
0515_DJW_0120
$1,189,000
$4,500,000
ASKING 0515_DJW_0122
DOWNTOWN RICHMOND STREET
ASKING
$2,999,999
South Etobicoke six plex. Close to lake. Was recently updated and retrofitted. New driveway. Own hydro meters. Close to GO. Lots of upscale potential. Clean and well managed. 0515_DJW_0121
WEST TORONTO
Investment. 7 storefronts and 21 residential suites with parking. In a great area. 105’ frontage on Dundas St. ASKING
0515_DJW_0119
TORONTO
TORONTO
tby
$2,200,000
Fantastic office building with access to fenced in parking for 10 cars. Bathurst and Queen location. Approx. 4000 sq. ft. building. Plus basement level. Why Lease?
$1,750,000
Exceptional standalone corner building. Prime location with high exposure. 6% CAP Rate. Solid tenants. 2 commercial and 5 apartments. 0515_DJW_0123
Money Making property on 40 acres with custom built bungalow 7000 sqft finished home. • Zoned for Golf Driving range. • Approved for 2400 sq.ft. ProShop/Restaurant. • On Busy Taunton Rd. Next to ramps for Hwy 407 which is coming soon.
Asking $3,500,000
0515_DJW_0124
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
Greater Toronto Area
ASKING
10527900_0515
Toronto line: 416 798 7278
34
Commercial Real Estate & Business Opportunities
Volume 15 Issue 01
SkyViews SkyViews Plumbing Preventative Maintenance - Part 2 by Frank Salemi, Municipal Mechanical Services Ltd As a owner or property manager, you know that residents and businesses view any plumbing issue as an emergency. While some plumbing issues may be urgent, there are others that can wait. Slow drains or pull-up drain stoppers that are off their hooks can wait for normal business hours for repairs. The following are issues that are red-flag piping emergencies and need immediate attention, no matter the time or day: Flooded bathrooms Overflowing toilets Corroded pipes
Broken pipes Gas line leaks Sewage leakage
Greater Toronto Area
Property Manager’s Plumbing Checklist Proactive owners & property managers use a plumbing checklist for periodic inspections of their building’s plumbing. It serves as an early warning system to uncover problems while they are small and repair them. The following are items to check. Look for sign of leaks in pipes that are visible. These include puddles and water stains on the ground. Pay particular attention to areas where pipes run through walls or the building foundation. Be alert for signs of corrosion. If not repaired, corroded pipes allow for leaks and poor pipe connections. Symptoms of corrosion include green stains over and around brass or copper fittings and on shutoff valves. Older steel pipes show yellow or orange stains. Water pressure checks ensure that the water comes out with the right force from sink faucets and showerheads. When water pressure is low, it is often a sign of sediment buildup in the faucet or showerhead. Sometimes, low water pressure is a sign of a situation with the water line. Resident’s showers sometimes have low water pressure due to sediment clogs. Remove, inspect, and clean the showerhead if there is sediment present. Slow drains usually mean dirty drains. Check each drain in each unit for drain speed. If a drain is slow, check the
drain and the vent for clogging. Drains should fully swirl when letting water out. Bubbles coming from the drain is usually a sign of clogging. Unusual gurgling sounds are an indication of a potential venting problem. Flush every toilet to make sure it works properly. Check all internal and external parts of the flush assembly for broken, rusted or missing parts. Make sure the toilet stops when filled. Signs of water on the floor around the toilet show a potential problem. Push each toilet gently to ensure it does not rock. Check for signs of mildew caused by standing water that has dried. Check the burner chamber of the water heater for the building. Check for rust flakes in the chamber, and check the flame, too. Flames that burn blue are good, while flames with yellow usually mean the jets need cleaning. Drain the water heater periodically to remove sediment. Turn each faucet in the building on — water coming from the handle and valves need repair. Self-inspections take a little time depending on your building size. However, doing plumbing inspections on a regular basis stops small, inexpensive problems from turning into large, costly ones. Proactive property managers pinpoint plumbing problems while they are small and less costly to fix. The pre-selection of your plumber contractor allows for rapid resolution of problems, so tenants know you have their interests at heart, and the management knows you are on top of things and keeping plumbing service calls down. Article Provided by: Frank Salemi Municipal Mechanical Services Ltd Tel: 905-794-0800 www.municipalmechanical.com 8647857_0515
SKYVIEW REALTY LTD.,Brokerage Apartment Building Sales Tel. (416) 444-6545 E-mail: info@skyviewrealty.com
Fax (416) 444-6997 Website: www.skyviewrealty.com
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REALTOR
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Commercial Real Estate & Business Opportunities
8975448_0515
$9 49 ,0 00
$1 ,1 00 ,0 00 www.mcdadi.ca/219L Port Credit opportunity. Main street store with 2 apartments. New roof. Steps to the lake, shopping & transportation.
0515_DJW_0016
,0 $3
90
$4
90
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00
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$5
29
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www.mcdadi.ca/1065102c Well established dentistry practice. Corner unit. Fully equipped. Excellent clientele.
00
Established eatery & restaurant. Tons of traffic. Approx. 3,800 sq ft. Seating for 100 patrons.
www.mcdadi.ca/589n Turnkey Laundromat business. Large clientele. Busy neighbourhood. Chattles included in the sale.
www.mcdadi.ca/1029w Established electrical supply business for sale. Lone lease available. Seller willing to train during transitional period.
www.mcdadi.ca/915q Bakery in the heart of Toronto, Established since 2003. Tons of walk-in traffic. Willing to train & provide trademark recipes.
$3
49
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00
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$3
50
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00
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$3
59
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www.mcdadi.ca/535917t Prime location with easy access to all major highways. Approx. 1,900 sq ft. 2 baths. Low maintenance fees.
www.mcdadi.ca/516101c Growing franchise. Seating for 40 patrons. Liquor licensed. Walking distance to the GO.
www.mcdadi.ca/67304d Industrial unit. Double door loading bay. 20 ft ceilings. Close to the highways & steps to transit.
00
$6
$5
9,
00 0,
,0 75
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www.mcdadi.ca/10303ck Fitness centre franchise. Turnkey operation. State of the art equipment. Active membership.
www.mcdadi.ca/5920t Independent grocery store. Newly renovated & brand new equipment. Western Union, Fax, Copy & more.
www.mcdadi.ca/675045w Grocery & bakery business for sale. Prime location. Dense residential neighbourhood. Great potential.
0515_DJW_0021
0515_DJW_1_0030
Please say you saw it in The Commercial Investor
0515_DJW_0022
Greater Toronto Area
$1 ,4 00 ,0 00
Sam McDadi Real Estate Inc., Brokerage
$1
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Volume 15 Issue 01
Commercial Real Estate & Business Opportunities
#
Commercial Team In Canada! *
Brokerage Independently Owned And Operated ** +
**
www.PBcommercialteam.com ** Sales Person
+
Broker
TORONTO WEST APARTMENT BUILDING
HULLMARK CENTRE OFFICE SPACE C EX
LU
SI
VE
NL Y
LU
VE
PR
IN
CI
PA L
SO
C EX
SI
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
YOUR BUSINESS HERE
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
• • • • •
Stunning 3383 Sq. Ft. office space in rarely offered, modern class ‘A’ office building at prime ‘Shops At Don Mills’ location! Current medical office w/hundreds of thousands in superb leaseholds. Can be used for any professional use; tons of windows/great views!. $18.95/Sq Ft. Net
WORLDWIDE TROPHY ASSETS!
PRINCIPALS ONLY
Downtown Manhattan skyscraper! Both comm & retail space: $975M Las Vegas, NV casino! 21 floors on approx. 37 acres $475M Brooklyn hotel, popular hotel chain, over 320 rms $169 M Las Vegas, NV hotel / casino over 3,800 rms, 80% complete $470M NY City hotel, 140 rms, 3 star asset, approx. 5% CAP $103M
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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11276658_0515
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!
Vol
Volume 15 Issue 01
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Commercial Real Estate & Business Opportunities 11293737_0515
Saifoo Lau
SaleS RepReSentative
(416) 816 9323
saifoo@saifoolau.com
Homelife Landmark Realty Inc., Brokerage Independently owned and operated
905-305-1600
CHICKEN OR EGG? SELL, BUY OR LEASE FIRST?
CHICKEN OR EGG? FOR LEASE - $21.00 SQ FT SELL, BUY OR LEASE FIRST?
High traffic retail space in Brimley/ Steeles/Midland areas. Lots of parking spaces. Easy access to plaza. Busy plaza on Steeles with consumer traffic from cars, TTC and pedestrians in nearby communities.
CHICKEN OR EGG? SELL, BUY OR LEASE FIRST?
CHICKEN OR EGG? SELL, BUY OR LEASE FIRST?
Spacious unit with ample parking at Middlefield Rd and North of Steeles close to Residential Homes, Plazas, Supermarket.
High traffic retail space in Brimley/ Steeles/Midland areas. Lots of parking spaces. Easy access to plaza. Busy plaza on Steeles with consumer traffic from cars, TTC and pedestrians in nearby communities. Ideal for bakery business.
FOR LEASE - $22.00 SQ FT
0515_DJW_0011
FOR LEASE - $22.00 SQ FT
0515_DJW_0012
0515_DJW_0013
www.saifoolau.com 110 BED RETIREMENT HOME
GOVERMENT CONTRACT
Always full because of niche client markets, very flexible accommodation, great building and location. Existing contract with government to house residents. Plans available for major expansion to 170 beds.
$7,650,000 0515_DJW_2_0080
37 BED DOM / RETIREMENT HOME GOVERMENT FUNDED
13 BED DOM / HSC GOVERNMENT CONTRACT
24 BED RETIREMENT HOME
Based on the current demographics the town has a demand for a good affordable retirement facility. The current building has an outstanding 22 bed domiciliary facility currently full with a waiting list, + an additional 40 beds are possible in a separate building.
Beautifully maintained original side-byside 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.
TURNKEY OPERATION Modern design one floor retirement home. Very high occupancy located in downtown close to all amenities. FULLY SPRINKLERED. In very good condition. N.O.I. $150,000.
$665,000
$1,250,000
0515_DJW_2_0081
0515_DJW_0047
0515_DJW_0048
Generic photo to protect the privacy of residents.
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
Please say you saw it in The Commercial Investor
11253451_0515
WWW.SHMUKLERREALTY.COM
Greater Toronto Area
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Greater Toronto Area
Please say you saw it in The Commercial Investor
Volume 15 Issue 01
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Volume 15 Issue 01
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Commercial Real Estate & Business Opportunities
PLAZAS FOR SALE AAA RETAIL PLAZA - GTA Located at an intersection with the highest traffic flows in GTA. 3.5 acres of land with 25% coverage. Built within the last 15 years. 80% AAA tenants. Shadow-anchored by 2 major retailers. Major intersection. Asking $16,000,000.
GROCERY-ANCHORED PLAZA IN GUELPH Excellent 58,000 SF plaza, renovated. No Vacancies. $17,000,000.
PLAZA ON HIGHWAY 7, RICHMOND HILL Located at a very successful and busy commercial area of Highway 7. With 180,000 SF of combined retail and office space, on 6.1/2 Acres. NOI: $3,000,000. Asking $60,000,000.
TORONTO PLAZA, WITH 2 DRIVE THROUGH FAST FOOD CHAINS Located on one of the busiest parts of a major artery in a good area of Scarborough. 2.4 acres of land. Close to a 401 interchange. Asking $6,100,000.
88,000 Sq. Ft. POWER CENTRE IN DURHAM REGION All Tenants Are 3A - $29,000,000.
38,000 Sq. Ft. PLAZA WITH BIG UPSIDE Next to GO station in West GTA. Located at an intersection of two busy arteries. Lots of potential. Projected NOI: 8%. Asking: $10,900,000
PRINCIPALS ONLY 17,000 SF INDUSTRIAL FOR LEASE • $5.25 / SF. TMI: $1.82! 15’ ceiling. 2 Truck level doors. Drive-in possible. Fenced storage compound. Eglinton Ave. West & Black Creek Drive. MLS #W2806720.
2,500 SF OFFICE OR RETAIL, FOR LEASE • Can be divided in half. $9.95 / SF. TMI: $3.40. 14’ ceiling. 250 Innisfil Street, Barrie. MLS #X2864676.
1,300 SF RETAIL IN HIGH TRAFFIC AREA • On Victoria Park, just south of Sheppard. Anchor: TD Canada Trust. No restaurant. MLS #E3093990.
STORAGE OR STUDIO FOR LEASE, DOWNTOWN BRADFORD • 600 Sq. FT. Kitchenette and washroom. Free-standing. Very clean. 2 parking spots. MLS N3095205 TERREQUITY REALTY, BROKERAGE Independently Owned and Operated
Pierre Boiron Sales Representative pierre@rementor.ca
905.882.8800
For info call or email Clark Cai: clark@rementor.ca
Claude Boiron Broker claude@rementor.ca 11275155_0515
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Commercial Real Estate & Business Opportunities
Volume 15 Issue 01 11265283_0515
Igor Chouminov President, Broker of Record
416.877.0326 igor@paiirealty.com
PAII REALTY INC.
Brokerage
INVESTMENT AND DEVELOPMENT REAL ESTATE
ESTATE LOTS FOR SALE Prestigious
4514_DJW_2_0102
On Exclusive & Private Street Lot Prices Starting at
$1.1 Million
0515-DJW-0035
15 UNIT TOWNHOUSE DEVELOPMENT SITE Modern Design: 15 Unit Townhouse Site, 20 ft fronts, from 2000 to 2500 sf, 3 storey, large backyards, upscale neighborhood. Walking distance to shopping, schools, and transport. Priced at $3,850,000
60' Lots
• 6 Prestigious Estate Lots for Sale on 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 $1,100,000. Please call for Details!
Register at:
dexterdevcorp.com
ACTIVELY LOOKING FOR:
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!
F
6220 GIRARD AVE, NIAGARA FALLS, NY SAOR LE
4.9 ACRES ZONED C3 (Commercial - General)
Property is adjacent to the Regal Cinema and Home Depot. Located next to Interstate I-190. Minutes to Fashion Outlet Mall and bridges to Canada. Permitted uses are warehouse, manufacturing-light, Hotel/Motel, restaurant, retail sales and service and more. Sale also includes 12 residential lots (771 x 110). Call for more details
(647) 526.6062
11294129_0515
Please say you saw it in The Commercial Investor
Vol
Volume 15 Issue 01
41
Commercial Real Estate & Business Opportunities
8629802_0515
Gurdeep Sandhu
6850 Millcreek Drive Mississauga, ON L5N 4J9 Realty Specialists Inc. Brokerage An Independent Member Brokerage
OfďŹ ce: 905-858-3434 Direct: 647-262-9091
gssandhu@rogers.com gurdeepsandhu.com
Office space available from 100 sqft to 2000 sqft in a very busy commercial building near Dundas St / Hurontario St, Mississauga. Please call L/A for more details OAKVILLE AUTO BODYSHOP SALE OF BUSINESS ONLY
VACANT COMMERCIAL/RESIDENTIAL UNIT HAMILTON
d l o S $89,000
$169,000
Great Location! Busy Automotive Complex. T1 Zoning Well Maintained Autobody Workshop Equipped With Two Post Lift , Tools, & Painting Room With All Required Permissions. Tons Of Parking And Lot Of Work, Looking For Autobody Shop, Used Car Sales Or Any Auto Related Work Just Start With Already Equipped Shop With A Low Monthly Rent Of 3325 P/M Tmi Included In 5 + 5 Year Option. Motivated Seller. Bring All Offers! 4914_DJW_0016
Great Opportunity And Investment In Heart Of Hamilton! Previously Running As Restaurant. Two Floors And Basement, Requires Your Imagination For Any Successful Business. Property And All Equipment And Chattels For Restaurant On Where Is As Is Basis. Parking At Back Of Building.
ESSO GAS STATION NIAGARA REGION
SHELL GAS STATION NIAGARA REGION
$579,000
$1,199,900
Self Serve Esso Gas Station With Convenience Store, Lotto 649 And Three Bedroom House Inside City And Community Area. Fibre Glass Tanks, Two Pumps, Corner Lot Also Includes Adjoining Vacant Land For Running Any Separate Business With Many Permissible Uses. Excellent Investment And Returns. Family Run Business. Be Your Own Boss. Beautiful 3 Bedroom House. Live Or Rent For Extra Income. Excellent Investment And Returns.
Fully Renovated Self Serve Shell Gas Station With Convenience Store And Lotto 649 In Centre Of City. Fibre Glass Tanks And Lines With Leak Detect Sensors 4 Pumps With 8 Nozzles. Card Reader At Pumps. Corner Lot. Beautiful And Clean Property With Lots Of Future Potentials. Renovated All Over. New Pumps, Tanks, Air Pump, Bbq Cylinder Exchange. Atm Machine, Lotto 649
4914_DJW_0018
4914_DJW_0019
4914_DJW_0017
Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 15 Issue 01
11294169_0515
Environmental Site Assessments For ~ purchasers ~ vendors ~ realtors and lenders 8297113_0515
Greater Toronto Area
PhaseOne PhaseTwo SiteRemediation Borehole Drilling Soil Sampling Groundwater Testing
Underground Tanks Asbestos Removal Demolition
~ Fast turnaround to meet closing deadlines ~ ~ Cost effective assessments by experienced environmental scientists ~ ~ Over 15 years of experience assessing Commercial, Industrial & Residential Properties for Brokers, Property Management Firms & Financial Institutions ~ Please call to receive our free report on new changes to environmental regulations ~
905.825.2943 871 Equestrian Court, Oakville
~ Servicing All of Southern Ontario ~ Please say you saw it in The Commercial Investor
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0515_DJW_0074
0515_DJW_0073
10929735_0515
Volume 15 Issue 01
0515_DJW_0078
140 acres abutting developer owned land in Cookstown with 2 road frontages. Great investment parcel while renting it to a farmer, or farming it yourself. Located between 400 and 27 hwys just south of Highway 89. Present owner has some trees planted. Land has been outpacing inflation - Invest in it. $1,995,000 Marc Ronan*** 1-888-936-4216
1138 acres cash crop opportunity in Amaranth - All in one location, approx. 1 hour from Pearson Airport. High yielding crops suitable for cash crops or potatoes. Land is flat with some sandy loam soil. Properties have a mixture of systematic and random tiling. $10,811,000 Marc Ronan*** 1-888-936-4216.
0515_DJW_0103
Hockley Valley! 97.5 acres planted with approx. 70% seedlings and 30% ready to Harvest. Large building with hydro on property and fronts on Airport Road. Approx. 1 km North of Hockley Road. Build your custom home and potential income in beautiful Hockley Valley. $899,900 Marc Ronan*** 1-888-936-4216
Greater Toronto Area
0515_DJW_0075
Private Country Estate on 69 acres, unique opportunity to own your own 9 hole Golf course, hardwood forest, ponds & equipped Pro Shop, workshop, ample storage and ample parking. Have your own private course or continue existing public play. Sprawling raised bungalow with 3+2 bedrooms, spacious principal rooms, multiple walkouts to manicured lawns. Great setup for extended family or in-laws. Located near growing town of Beeton, Pride of Ownership. Approx 5 acre irrigation pond, Artesian drilled well services house and shop. Fabulous country setting. $1,395,000 Marc Ronan*** 1-888-936-4216.
0515_DJW_0077
84.4 acres abutting residential development in areas of fastest growing community. Surrounded by existing development with two road stubs to east on Municipal services. Flat, clear acreage minutes from Honda. Entirely maintenance free clean crop land. Zoned rural, in 2 deeds. Both deeds in land titles absolute. Perfect land banking opportunity. Earn solid crop related income while waiting for this parcel to mature to the development stage. $2,995,000 Marc Ronan*** 1-888-936-4216
0515_DJW_0076
Investment Opportunity! 30 acre future development land in Alliston across from new residential development. Level land with approx. 5200 sqft building with main floor. Previously used as Veterinary Clinic. 2nd level updated apartment approx 2000 sqft plus inlaw space. $1,800,000 Marc Ronan*** 1-888-936-4216
Investor alert! Location! A beautiful 2.5 acre property located in the much sought after Caledon Village. This is a great opportunity for Builders, Investors and Developers. Possibly sever or build your dream home. It is the Buyers responsibility to verify all development permits and fees. $699,000 Shawn Lanigan* 1-888-943-0860
0515_DJW_0079
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For Lease. 3 buildings approx. 12,800 sqft on 7 acres. High profile location on Hwy 9 at Orangeville. Highway Commercial Zone allowing many permitted uses. 2 buildings heated approx. 4800 sq.ft. Each and quanset hut steel fabric building approx. 3200 sq. ft. ample parking. Great exposure $9,000/month plus TMI. First and last month’s rent plus Hst for deposit $9,000. Marc Ronan***1-888-936-4216
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Commercial Real Estate & Business Opportunities
Volume 15 Issue 01
GTA OFFICE MARKET FINISHES 2014 ON POSITIVE NOTE, BUT WILL BE TESTED BY PENDING BACK-FILL VACANCY IN 2015 Avison Young releases its Fourth Quarter 2014 GTA Office Market Report
Vol
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“ b m A K s A a c p i a
O o c 2 – C a i 2 e
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he Greater Toronto Area (GTA) office market finished 2014 with positive results in the fourth quarter as a strong second-half performance more than compensated for a mediocre first half of the year. Leasing was centred in existing class A and new developments, and while occupancy rose in Downtown and suburban West and East, it levelled off in Midtown and the suburban North market. New construction deliveries totalled 15 buildings and 2.4 million square feet (msf) – the most office space delivered since 2009. These are some of the key trends noted in Avison Young’s Fourth Quarter 2014 Greater Toronto Area Office Market Report, released recently. The GTA’s availability rate (space marketed for lease) declined 20 basis points (bps) between the third and fourth
quarters to finish 2014 at 11.8 per cent, similar to one year ago, as more than 2.6 msf of lease transactions were concluded during the quarter. In contrast, overall vacancy (physically unoccupied space) increased 10 bps to 9.6 per cent, up 40 bps from year-end 2013 – owing to a steady stream of new office completions.
M A c m u c d a
“The past year has really been a tale of two distinctly different halves in terms of absorption. Though leasing velocity was relatively strong heading into and throughout 2014, it didn’t translate into increased occupancy levels until the second half,” comments Bill Argeropoulos, Principal & Practice Leader, Research, Canada for Avison Young.“As a result, positive second-half absorption more than cancelled out the contraction seen in the first half of the year. Going into 2015, some concerns remain about the threat of rising sublease space, due to ongoing space-planning efficiencies among tenants of all sizes, as well as the large development pipeline and looming back-fill vacancy.”
T i i b o P W s i n
According to the report, four of the six downtown nodes showed gains in occupied space, most notably in class A buildings in the Financial Core, Downtown North and Downtown South, where RBC continued its phased
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occupancy at Oxford Properties’ RBC WaterPark Place, which was completed in the third quarter. “Significant space commitments by large tenants will have back-fill space implications for future absorption as the market proceeds through this development cycle,” says Argeropoulos.“LoyaltyOne inked a deal at First Gulf’s 351 King Street East project in Downtown East for 172,000 square feet (sf) that will return 194,000 sf at 438 University Avenue in Downtown North in 2017. In addition, OMERS and its subsidiaries (including Oxford Properties) have committed to approximately 368,000 sf in Oxford’s own project, the EY Tower in the Financial Core, to be completed in 2017 – consolidating premises from Royal Bank Plaza and 1 University Avenue.” On the development front, slightly more than one msf of office space was completed in five buildings (75 per cent leased) across the GTA during the final quarter of 2014. GWL Realty Advisors delivered the Bremner Tower – which is the final phase of GWL’s Southcore Financial Centre development in burgeoning Downtown South, and concluded a lease with Amazon for nearly 128,000 sf in the building. Another six msf (60 per cent preleased) in 28 buildings is under construction across the GTA, which equates to 3.4 per cent of the market’s existing stock. Mark Fieder, Principal, Managing Director, Eastern Canada for Avison Young, adds:“The amount of space under construction continues to be a topic of interest for observers of the market. However, 3.4 per cent of existing inventory is not an unreasonable ratio for under-construction space – and this compares favourably with the figures for Canada’s other big development market, Calgary, where space under construction amounts to more than nine per cent of existing inventory.” Though almost 1.6 msf of new development was completed in Toronto’s Downtown market during 2014 – the most in any single year since 2009 (3.5 msf) – there will be a brief reprieve from new office deliveries in 2015. Only one building is scheduled for completion this year (Allied Properties REIT’s 285,000-sf Queen Richmond Centre West), before the next wave arrives in 2016, comprising some 2.3 msf. In the meantime, the market is bracing itself for the impending back-fill vacancy resulting from a number of tenant relocations. “This situation will present opportunities for tenants looking for big blocks, but may hold back any significant rental rate growth,” says Argeropoulos.“Look for at least one more major office tower to be announced in 2015 to meet requirements in the 2018 to 2020 time range.”
He bases the forecast on the fact that remaining downtown developments are in relatively good shape (3.5 msf / 69 per cent preleased), and prelease levels are expected to rise as these projects get closer to completion. The report goes on to say that suburban landlords, undeterred by urban intensification, delivered more than 768,000 sf in 2014, with another 2.5 msf under construction as of year-end 2014. Although there has been some movement of tenants from the suburbs to urban locations, many organizations are maintaining their presence in the suburbs. Notable recent examples include Aviva, Dell, Sobey’s, TJX, FSCO, American Express, Kraft, Bayer and KPMG, all of which reaffirmed their commitment to the suburbs via renewal, expansion, relocation or design-build. Argeropoulos adds: “Moving into 2015, Target’s sudden departure from Canada will leave a considerable amount of vacant space across the GTA, not only in the retail and warehouse/distribution sectors throughout the region, but also in the Airport Corporate Centre (ACC) office market in Toronto West, where the company has its Canadian headquarters at AeroCentre V. The ACC has struggled with high vacancy since the Great Recession, when several American firms opted to return large blocks of space to the market. The ACC class A vacancy rate had already been reduced to 11.2 per cent by the fourth quarter of 2014, but when Target’s more than 180,000 sf of office space is vacated, that number stands to rise once again, to approximately 16 per cent.” Argeropoulos concludes: “Tenants will continue to weigh their options, including newly available back-fill space and the remaining pockets of new construction. To mitigate vacancy exposure, some landlords will introduce higherthan-normal incentive packages to attract tenants while still holding firm on asking rental rates.” 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 1,700 real estate professionals in 63 offices, providing valueadded, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multifamily properties. Avison Young was a winner of Canada’s Best Managed Companies program in 2011 and 2012 and requalified in 2013 to maintain its status as a Best Managed company. avisonyoung.com.
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Volume 15 Issue 01
Commercial Real Estate & Business Opportunities
Tony Giannini Sales Representative
RE/MAX PERFORMANCE REALTY INC., BROKERAGE 1140 Burnhamthorpe Rd., Suite 141 Mississauga, ON
905-270-2000 Email: agiannini@trebnet.com 9774309_0515
4114_DJW_0106
State of the art 8 Bay coin wash located in a busy, triple A Toronto location. Built in 2009. Land, building and business all included along with vending dispensers, change machines, security cameras in all the bays and thru-out the perimeter of property with internet accessibility from anywhere. Very little management required. Grounds and equipment maintenance and put cash in your pocket. Asking $2,999,000. Call for exclusive viewing. 4114_DJW_0105
Greater Toronto Area
4114_DJW_1_0141
6 Bay Coin Car Wash (2 Truck Bays), coin laundromat and automatic car wash all situated on approx. 3 acre of land to build more commercial buildings for more income. Great income producing business. Located North of Brampton. For exclusive viewing call now. 4114_DJW_2_0140
4114_DJW_2_0142
7 years old. Located just minutes from Mississauga in a highly populated and growing city. Nothing like it for sale. Call for private viewing. Will not last. Asking $2.6 million.
Principals Only
8 BAY COIN CAR WASH & PET WASH
3314_DJW_0143, 3314_DJW_0144, 3314_DJW_0145
4114_DJW_1_0037
URGENTLY Needed for anxious qualified buyer. High volume gas stations and High Volume coin Laundromat. Retail strip plazas. High volume car wash. SELLING!! CALL NOW FOR FREE CONSULTATION Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Wanted?
PLAZAS, INFILL & DEVELOPMENT PROPERTIES, MULTI FAMILY - ALL SIZES, OTHER TYPES.
11294192_0515
iciMatch.com Tel: 647-892-7355
Remax Hallmark Realty Inc.
LAND + BUILDING + BUSINESS - OSHAWA, ONTARIO • 10,600 SQ. FT. LOT • VERY SUCCESSFUL BUSINESS • 6 FULLY RENTED AND
0515_DJW_0113
RENOVATED APARTMENTS 0515_DJW_0115
• DETACHED 3 CAR GARAGE • AMAZING INVESTMENT OPPORTUNITY • BAR FOR 52 SEATS • OPEN PATIO SEATS 35
0515_DJW_0116
• BEER AND FOOD INVENTORY • FULL KITCHEN • WALK-IN COOLER 11294310_0515
• FULL LIQUOR • ALL CHATTELS 2-STOREY 0515_DJW_0117
BUILDING
Margaret Devecseri Sales Representative Dir: 905.259.4280 margaret.devecseri@century21.ca REGAL REALTY., BROKERAGE
Off: 416-291-0929
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REGAL REALTY INC. Brokerage
®
Greater Toronto Area
Let’s talk.
0515_DJW_0114
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Commercial Real Estate & Business Opportunities
Volume 15 Issue 01
National job vacancy rate climbs in Q3 as unemployment drops
A
n estimated 322,000 private sector jobs were awaiting qualified employees in Q3, according to the latest Help Wanted report from the Canadian Federation of Independent Business (CFIB). The nationwide openings in full-, part-time and temporary positions were up by 7,000 jobs compared to Q2 2014, the largest quarterly increase measured by CFIB in the past two years.
“As the unemployment rate goes down, the job vacancy rate goes up,” said Ted Mallett, CFIB’s chief economist and vice-president.“A tightening labour market means that employers have a harder time finding the qualified employees they need; especially small businesses. Generally, businesses with fewer than 20 employees are reporting vacancy rates more than double that of businesses employing 50 or more.”
and Hants Counties at barely one per cent. On the other hand, job vacancy rates about six-times as high were found in Wainwright, Lloydminster, Claresholm and Cold Lake in Alberta.”
On a seasonally adjusted basis, 2.7 per cent of jobs lay vacant in Canada’s private sector, a tenth of a point higher than in the second quarter. Modest increases were seen in most business size categories.
Of the 322,000 or so vacancies, just over half were in small businesses currently employing fewer than 50 people. About one-in-five vacancies were in mid-sized firms while almost one-in-four were in large enterprises with employment above 500.
In the past five years, the vacancy rate has climbed from a low of 1.7 per cent in late 2009 and early 2010, rising to 2.6 per cent by 2012. Prior to the recession, the rate of private sector job vacancies topped out at 3.0 per cent through late 2007 and early 2008.
There were fractional increases in unfilled jobs in oil and gas, manufacturing, transportation and financial services. Offsetting those were modestly fewer vacancies in agriculture, wholesale trade, business services and hospitality.
“Once again, CFIB’s data is based on a degree of local and regional analysis that is unmatched by Statistics Canada,” said Mallett.“By drilling down to Census Divisions within provinces – more commonly known as county level detail – we found that the lowest vacancy rates were found in Ontario’s Renfrew County and in Nova Scotia’s Colchester
For more information, please contact Gisele Lumsden at 416-222-8022 or public.affairs@cfib.ca. CFIB is Canada’s largest association of small and medium-sized businesses with 109,000 members across every sector and region of the country.
Please say you saw it in The Commercial Investor
e 01
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Barrie Collingwood Muskoka North Bay Kawartha Lakes Midland Meaford Paisley Parry Sound
Orillia Owen Sound Sudbury Walkerton Midland Meaford Kawarttha Lakes Muskoka North Bay
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com
CENTRAL ONTARIO
CENTRAL ONTARIO
50
Commercial Real Estate & Business Opportunities
Volume 15 Issue 01
PUTTING THE PIECES TOGETHER USE MY EQUITY! THE SPONSOR Many times developers, investors and/or business owners (hereinafter called the “Sponsor”) are short on capital to get quality deals funded. The banks or other lenders may have shown interest in funding a loan, but need additional collateral in the transaction through credit enhancement, additional income for debt service etc. The marketplace possesses a tried and true method of raising this capital, but not in the conventional way. There are literally tens of millions of dollars of unused capital in the marketplace available for these deals via free and clear real estate that can be unlocked and used by Sponsors to help close those deals. THE PROVIDER But why would an entity (hereinafter called the “Provider”), content in ownership of its free and clear property, have any interest in becoming involved in a transaction such as this. There are a multitude of answers why the Provider may wish to unlock this unused or underused equity to further enhance investment yield, change benefits, split partnerships etc. etc.
PROVIDER EQUITY TYPES First of all, it is noted that the concepts are consistently the same regardless of whether we are dealing with a Provider’s small residential lot or a large multi-national corporation’s head office. Think about these various real property equity options. Cash (naturally), Office Buildings, Mortgages-Notes, Development Land, Home(s), Retail Commercial, Business(s), Resort, Cottage(s), Hotels, Mini-Storage, Motels, Multi-family, Mobile Home Park, Campgrounds, RV Park, Condominium(s), Timeshare Membership, Interval Ownership, Building Lots, Agricultural Property etc. To this can be added personal property etc. etc.
Central Ontario
First of all, as a passive Financial Partner, the Provider can use its asset(s) in a number of additional ways, including: a) Joint Venture; b) Loan or Pledge Title; c) Asset Exchange; d) Create a Mortgage against; e) Etc. etc. The Provider’s increased financial benefits accrue through the exchange of that stagnant equity into a number of interesting optional areas including: (i) Shares in Sponsor’s Development; (ii) Some cash + shares in Sponsor’s Development; (iii) Income producing paper (ie: mortgage(s), preference shares etc,); (iv) An asset class more fitting for the Provider; (v) Many more creative solutions.
CAUTION (i) Creativity does not replace sound required due diligence by all parties in anticipation that all participants come away with better benefits than previous; (ii) With potential capital gains treatment acknowledged, enhanced creativity and tax planning may be required. Next month we will share a selection of historic, real life transaction closings, through various “USE MY EQUITY” formulas.
By Darryl McCullough CCIM, Broker Since 1972, Darryl has been involved, through institutional, marketing and joint venture vehicles, in acquisition, disposition, finance and consulting of transactions throughout Canada and the U.S.
Darryl McCullough CCIM, Broker Royal Lepage Lakes of Muskoka Realty Phone: 705-641-8052 Darryl@royallepagecommercial.com
Independently Owned & Operated 11286082_0515
Please say you saw it in The Commercial Investor
Vol
Volume 15 Issue 01
51
Commercial Real Estate & Business Opportunities
TEMISK AMING REALTY LTD.,
Independently Owned & Operated
Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866
BROKERAGE
Bill Bradley
Perry Wuest
Sales Rep.
705-676-6264
New Liskeard, Northern Ontario
perry-wuest@coldwellbanker.ca
Sales Representative
www.temiskamingrealty.com
416.258.6866
705-676-6264 1-866-557-1110 705-647-1110
exitwithbill@gmail.com
“I get calls from all over Ontario from the Commercial Investor. I have tried other publications and got “zero” calls. I only advertise in the Commercial Investor.”
$299,000 FANTASTIC TEMAGAMI OPPORTUNITY! Very solid multi-unit. One minute from Temagami's downtown. This property is a dream for someone who wants to earn a decent income while living in one unit and use the large shop for business or pleasure. The four apartments are spacious and the building benefits from the addition of new windows and shingles. A very pleasing layout of the property allows lots of room around the shop and numerous parking spots. Please phone Perry for more details and to view. MLS 142881. 11293672_0515
8313781_0515
Bill Byers TEMISKAMING REALTY LTD.,
Central Ontario
Sales Representative bill-byers@coldwellbanker.ca
COMMERCIAL/RESIDENTIAL 5 Units - 1 Com & 4 Res downtown New Liskeard. Always rented, long term tenants. Parking. Asking $319,900. Exclusive.
N
PR
FORMER VARIETY STORE With 1+1 Bedroom apartment. Good sized lot with storage sheds & parking Residential & Commercial uses here. Asking $59,900. Latchford. MLS 141557 4114_DJW_4_0102
4114_DJW_4_0070
GORGEOUS WATERFRONT 142+ Acres surrounded by Crown land with year round road, hydro, & phone. Former hunting & fishing camp. Unorganized Township gives you unlimited uses. Miles of excellent boating, fishing, & hunting on the Montreal River. Asking $399,900. MLS 141712
E
IC
EW
RENT TO OWN Waterfront lots 2+ acres each on Long Lake, Charlton. Asking from $59,900 each. MLS 140274 & 132557
4114_DJW_3_0142
New Liskeard, Northern Ontario
4114_DJW_6_0071
www.temiskamingrealty.com 1-866-557-1110 705-647-1110
BROKERAGE
0515_DJW_0004
e 01
HIGHWAY #11 Great location for visibility & access. Surrounded by Hwy #11, #569 & Development Road. Fully fenced & EARLTON HOTEL Large Bar/Restaurant licensed for 206 people with 36 graveled 2.34 acre property with 3 gated entrances. person licensed patio. 2 bedroom apartment upstairs 40' x 60' 3 year old well insulated shop with office & plus 9 hotel rooms, full basement, main downtown cor- storage. Lots of potential with general Industrial Zoning ner with plenty of parking. Priced to sell at $119,900. 9 miles north of New Liskeard. Asking $309,900. MLS 140081NEW PRICE MLS 141979.
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EASTERN ONTARIO
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
EASTERN ONTARIO SECTION
COVERING: Lindsay Peterborough Port Hope Bowmanville
Cobourg Trenton Belleville Kingston Northeastern Ontario
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com
Volume 15 Issue 01
53
Commercial Real Estate & Business Opportunities 10264_5
Dee Abrams
William G. Bird
Sales Representative
dee@remaxquinte.com abramsdee@yahoo.com
Cell: 613-847-5907
Quinte Ltd., Brokerage* * Each office Independently Owned & Operated
Office: 613-969-9907
TOWING & AUTOMOTIVE SERVICES
williambird@cogeco.ca
Cell: 613-243-2767
FOR SALE - NAPANEE Scrap yard site located just off Hwy 401 on year round roads. Property is zoned correctly. Yard is five acres in size. Zoning General Industrial M2.
$1,446,000 Successful one-stop shop provides towing and automotive services conveniently located by Hwy 401 and close to downtown Trenton. Attractive income generating business in the Quinte area. Price includes over $500,000 of Chattels plus building and contracts.
Broker, CCIM CD
$449,000
Lot size: 5 acres approximately. Owned by the same family for a number of years.
0515_DJW_2_0032
RESTAURANT IN COBOURG Cobourg Restaurant on Division St. All equipment is newly installed. Location is in a new building and features high visibility and heavy traffic flow. Additional income possible with full day service.
Attractive - Well maintained - Located on main traffic route. High profile - Ample parking - 1200 sq foot unit and 2400 sq feet units ready to go Units contains boardroom and kitchen Lease: $7.75/sq ft + T.M.I. ($5.50)
0515_DJW_1_0047
0515_DJW_1_0101
HIGH TRAFFIC UNITS FOR LEASE
BELLEVILLE DOWNTOWN BUSINESS
Large commercial/ retail space (1000+ft) available in busy plaza at a high traffic intersection in Belleville. 3 units for lease. $12.00 per sq ft. 0515_DJW_0058
$80,000
Long time eating establishment in downtown Belleville. Gathering to quick tasty meals for business and local traffic.
0515_DJW_1_0009
$39,900
Spacious (seating for 40) and clean diner specializing in breakfast but also serves lunch. New kitchen equipment installed and interior renovations in 2014. Fully operational and ready to go!
For Selling/Buying and Leasing of Commercial Real Estate in Eastern Ontario call Dee Abrams or Bill Bird at 613-969-9907 Please say you saw it in The Commercial Investor
10002624_0515
Eastern Ontario
$175,000
FOR LEASE & SALE
54
Volume 15 Issue 01 8177055_0515
Commercial Real Estate & Business Opportunities
ProAlliance Realty Brokerage
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
Sales Representative
matthew@cookeproperties.com
18 APARTMENTS $1,175,000 PICTON
12 APARTMENTS $490,000 BELLEVILLE
18 x 4 Bdrm townhouse style apts. All apartments have separate meters for gas and hydro. Tenants are on leases and they pay all heat & hydro. Net Income $83,275. Located a short distance to the Famous Sand Banks Provincial Park and beaches. 0515_DJW_0097
1.75 Hrs East of Toronto, includes a main floor Restaurant. On site parking, Laundry facilities and local property manager, Separate hydro meters. 0515_DJW_0098
$450,000 GOVERNMENET BUILDING 6,250 SF STIRLING
$389,000 25,000 SF RETAIL BUILDING
2 hours East of Toronto in the Village of Stirling also known as Hockeyville.
Post and beam construction located 1.5 hrs East of Toronto In Brighton, close to Lake Ontario and the tourist district in Apple country. 0515_DJW_0099
0515_DJW_0100
inthenews
GTA PROPERTY INSIGHTS AND PERSPECTIVE
L
Eastern Ontario
ooking closely at commercial real estate, it’s interesting to see the industry trends. The following analysis is part of a recent market study conducted by RealNet Canada Inc. (realnet. ca), an industry leader in information, intelligence and insight into the Canadian property market.
Q4 2014 Property transactions – Total $ volume by sector 3.1%
Office 23.0% Industrial 13.9%
23.0% 20.4%
Apartment 9.8% Retail 15.7% Hotel 4.5% Ici Land 9.6% Res. Land 20.4% Res. Lots 3.1%
9.6% According to RealNet, the GTA’s Q4 2014 registered a total of 510 transactions worth $3.6Billion, up +16 per cent from the previous quarter. 4.5% Office space was the most active sector at 23 per cent of activity.
For more information and property market insights please visit realnet.ca
Sector
13.9%
9.8% 15.7%
Please say you saw it in The Commercial Investor
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Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Niagara Falls Niagara-on-theLake St. Catharines Thorold
Welland Fort Erie Beamsville Fonthill Port Colborne
%
%
%
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contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
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NIAGARA
NIAGARA
Vol
inthenews
CONTINUING CONCERN OVER
Canadian commercial real estate market prosperity
O
ngoing concern regarding the sustainability of the Canadian commercial real estate market’s prosperity is reflected in the fourth quarter results of the Canadian Real Estate Sentiment Survey released today by the Real Property Association of Canada (REALpac) and FPL Advisory Group. The quarterly survey measures the current and future outlook of Canada’s top commercial real estate executives regarding overall real estate conditions, real estate asset values, and availability of capital.
TOPLINE FINDINGS INCLUDE THE FOLLOWING: While many are optimistic about the prospects of continued economic recovery within the United States, international conditions elsewhere dim the go-forward outlook. There are mixed views as to whether cap rates can continue to compress; some respondents believe any interest rate increases will be offset by strong institutional demand for real estate. Debt availability continues on, fueled by a low cost of capital; at the same time, some note the conservative nature of Canadian lenders and how that may play into the future. Equity availability is strong, reflected by investor demand and allocation preferences for real estate. The REALpac/FPL Canadian Real Estate Sentiment Survey is one of the industry’s most comprehensive measures of
senior executives’ confidence in the Canadian commercial real estate industry. This quarterly survey of CEOs, presidents, board members and other executives connected to the real estate industry measured executives’ current and future outlook on three topics: overall real estate conditions; access to capital markets, and; real estate asset pricing. Survey respondents represent the retail, office, industrial, hotel, multi-family, residential, and seniors residential asset classes. To download a copy of the Canadian Real Estate Sentiment Survey, go to www.realpac.ca. About REALpac: REALpac is one of Canada’s most senior, influential and informative voices in the real property investment industry. REALpac brings together the industry’s Chief Executives to collectively influence public policy, to educate government and the public, to ensure stable and beneficial real estate property and capital markets and to promote the performance of the real property sector in Canada. Member companies include publicly traded real estate companies, real estate investment trusts (REITs), private companies, pension funds, banks and life insurance companies with investment real estate assets each in excess of $100 million, large owner/ occupiers and pension fund advisers as well as individually selected investment dealers and real estate brokerages. The commercial real estate sector makes a substantial contribution to the Canadian economy, generating $63.3 billion in economic activity in 2011. Collectively, REALpac members currently own in excess of $200 Billion CAD in real estate assets located in the major centres across Canada. Visit us at realpac.ca.
Please say you saw it in The Commercial Investor
ADAM DEARBORN Sales Representative
(905)
401-1331
www.RockAdvisors.ca | adearborn@rockadvisors.ca Twitter - @AptExpertHamNia APARTMENT BUILDING SPECIALIST - NIAGARA & HAMILTON 9 UNITS $849,900 Concrete Building, fire retrofit completed, 6 two bedrooms, 2 one bedrooms, 1 bachelor, numerous upgrades since 2012.
40 STUDENT BEDROOMS A+ location for student rentals in St.Catharines, $700k of capital work done in 2006, approved for a 20 bed addition, amazing potential for this property.
East St. St.Catharines 0515_DJW_0051
10 UNITS $599,000 8% cap rate, VTB available, could get into this building for 12% down, 4 two bedrooms, 5 one bedrooms, 1 three bedroom unit. Separate Hydro meters, located on the main artery into Niagara Falls.
Glenridge Ave. St.Catharines 0515_DJW_0052
7 UNITS $600,000 Updated 7 unit building, 6 two bedrooms and 1 one bedroom unit. Newer boiler, new flat roof, some windows updated, flooring, paint, bathrooms, separate hydro meters. Great rental area in Niagara Falls.
VanAlstyne Place Niagara Falls 0515_DJW_0053
12 UNITS $749,900 Two neighboring properties being sold together (8 unit & 4 unit buildings). Great value and return for your dollar with these properties. Cap rate 6.5%, $62k per unit. Separate hydro meters, updated boiler and shingles. 5 two bedrooms and 7 one bedroom units. Located across the street First Avenue Niagara Falls 0515_DJW_0055 from a church and school.
Valley Way Niagara0515_DJW_0054 Falls
BUILD 35 UNITS – SHOVEL READY SITE This property is approved and shovel ready for a 35 unit condo or apartment building. This site is shovel ready, just have to pick up the building permits. Site is prepped and serviced; contact me for the building plans and additional 0515_DJW_0056 information.
Please visit www.RockAdvisors.ca for complete marketing and financial packages on each property
Greg Howe Sales Representative gamhowe@sympatico.ca
11246794_0515
Niagara Region 905-358-9800 | 1-877-357-7346 5640 STANLEY AVE, NIAGARA FALLS
5345 SLATER AVE & 5302 STAMFORD ST NIAGARA FALLS $699,000 EXCLUSIVE LISTING 0515_DJW_1_0026
Newer (4 year old) 45 unit apartment building. Great tenants, no vacancies, 5% cap rate with potential for increase, very easy to manage for out of towners. Backs on to the Welland River.
Motel/Lodge consisting of 12 refurbished rooms with a main house Managers suite with living quarters, all surrounded by an abundance of flowers and greenery. Great return on Investment. Ideal for family run business. Minutes walk to Falls & Casinos.
4240 BRIDGE ST., NIAGARA FALLS $550,000
NIAGARA FALLS - EXCLUSIVE LISTING
4080 ERIE RD, CRYSTAL BEACH - NO DOWN PAYMENT
18 room newly remodelled rooming house, and 4500 sq. ft. of commercial store frontage located directly across from VIA rail train station (and future GO train station), bus terminal and one block from lower United States border bridge, in down town area.
57 unit apartment building in the heart of the new University College Campus proposal, "GO" Train service, and 1 block from Police station. Only $87,500 per unit. Good condition.
REDUCED $153,000
0515_DJW_1_0098
Newly remodelled 53 room "L" shaped motel with exterior entrance, consisting of 12 family suites, 8 jacuzzi suites, and 33 singles. Outdoor pool, 60 parking spaces, located in the heart of tourist area. Adjoing motel franchise next store also available for sale.
0515_DJW_1_0022
0515_DJW_0002
26 MILL ST. $5.5 MILLION. WELLAND
Completely renovated 3+ bedroom, 2 storey located right across from bay beach, will rent for $1000 per week in the summer. Zoned commercial, or earn $500 per day selling beach related products and fast food, the house is in mint condition, never been lived in since renovation, owner would consider trading for another house in the Niagara District.
Please say you saw it in The Commercial Investor
Niagara Peninsula
905-935-6838
0515_DJW_0001
y
57
Commercial Real Estate & Business Opportunities
0515_DJW_2_0071
R
Volume 15 Issue 01
58
Commercial Real Estate & Business Opportunities
Volume 15 Issue 01
Niagara Peninsula 11236833_0515
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Vol
59
Commercial Real Estate & Business Opportunities
8494906_0515
GREAT INVESTMENT/DEVELOPMENT LAND
2114_DJW_5333
Last large parcel of prime development/investment land in the Niagara-On-The-Lake Business/Industrial Park. Close to all amenities, QEW, USA Border, airport and GTA. This vacant industrial land offers great potential being zoned prestige and light industrial. See listing agent for additional details. EVO Phase One available plus survey. Lot frontage on Townline is 266 feet assembling more or less 28.8 acres. At $138,888 per acre this is the least expensive and largest parcel available for development in this industrial park. Already established companies like Purolator, the new federal building, Clares Harley Davidson, Can-Pick Cranes, the New Huskys and the DOT to mention a few.
RICHARD M. OSWALD
Sales Representative e: roswald@homesniagara.com | c: 905.380.4667 b: 905.357.3000 | f: 905.356.5602 | tf: 1.888.216.4440
Niagara Real Estate Centre Inc., BROKERAGE
INDEPENDENTLY OWNED & OPERATED
3770 Montrose Road, Unit 1B Niagara Falls, Ontario L2H 3K3
11282058_0515
Please say you saw it in The Commercial Investor
Niagara Peninsula
Volume 15 Issue 01
RE PR DU ICE CE D
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Volume 15 Issue 01
Commercial Real Estate & Business Opportunities
905-641-1110 Tony Tripodi cell: 289-241-6954 Garden City Realty Inc., Brokerage Independently Owned & Operated
Broker
tripodi@sympatico.ca
10331793_0515
60
INDUSTRIAL * COMMERCIAL * INVESTMENT
SPACE FOR LEASE SPACE FOR LEASE
NIAGARA FALLS
Central location, including major tenants as Shoppers Drug Mart, large medical office, large real estate office, dental, optometrist, hearing office, veterinarian and more. Lots of free parking.
Bakery and Cafeteria located in large retail plaza established business, with large sales amount. Long list of equipment. Selling due to health reason asking $595,000.
4514_DJW_1_0129
BEAMSVILLE Newer service plaza, with plenty of parking signage. Tenants include Meridian Credit Union, Canada Post Office, several retail/office spaces. New restaurant. Rates that you can't afford to turn down. Call now for details.
4514_DJW_0117
ST. CATHARINES – MEDICAL, PROFESSIONAL OFFICE SPACE FOR LEASE Looking for R.M. Therapist, Physiotherapist, Osteopath, Homeopath, Counselling and other related professionals. Low rental rates. Lots of free parking. Call Tony for more confidential details
4514_DJW_1_0123
inthenews
THE BANK OF CANADA RATE DROP
T
he Bank of Canada lowered its target for the overnight rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent. This decision is in response to the recent sharp drop in oil prices, which will be negative for growth and underlying inflation in Canada
Niagara Peninsula
Inflation has remained close to the two per cent target in recent quarters. Core inflation has been temporarily boosted by sector-specific factors and the pass-through effects of the lower Canadian dollar, which are offsetting disinflationary pressures from slack in the economy and competition in the retail sector. Total CPI inflation is starting to reflect the fall in oil prices. Oil’s sharp decline in the past six months is expected to boost global economic growth, especially in the United States, while widening the divergences among economies. Persistent headwinds from deleveraging and lingering uncertainty will influence the extent to which some oil-importing countries benefit from lower prices. The oil price shock is occurring against a backdrop of solid and more broadly-based growth in Canada in recent quarters. Outside the energy sector, we
are beginning to see the anticipated sequence of increased foreign demand, stronger exports, improved business confidence and investment, and employment growth. However, there is considerable uncertainty about the speed with which this sequence will evolve and how it will be affected by the drop in oil prices. Business investment in the energy-producing sector will decline. Canada’s weaker terms of trade will have an adverse impact on incomes and wealth, reducing domestic demand growth. Although there is considerable uncertainty around the outlook, the Bank is projecting real GDP growth will slow to about 1 1/2 per cent and the output gap to widen in the first half of 2015. The negative impact of lower oil prices will gradually be mitigated by a stronger U.S. economy, a weaker Canadian dollar, and the Bank’s monetary policy response. The Bank expects Canada’s economy to gradually strengthen in the second half of this year, with real GDP growth averaging 2.1 per cent in 2015 and 2.4 per cent in 2016. The economy is expected to return to full capacity around the end of 2016, a little later than was expected in October. The next scheduled date for announcing the overnight rate target is March 4. The next full update of the Bank’s outlook will be published in the Monetary Policy Report on April 15.
Please say you saw it in The Commercial Investor
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INVESTORS
The perfect place to list all of your businesses opportunities
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contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
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BUSINESS INVESTORS
BUSINESS
62
Commercial Real Estate & Business Opportunities
Volume 15 Issue 01
Business Investor
9649286_0515
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Vol
Volume 15 Issue 01
63
Commercial Real Estate & Business Opportunities
Mortgages
article series from Pro Funds Mortgages
#12051
Utilize Private Funds In Your Real Estate Today! Since private money can fund quickly, why not use this funding source to negotiate a better deal for a quick closing, and offset the additional interest rates? I personally am self-employed and I am an avid real estate investor who uses this technique all the time. I pay the going rates and still have a great success from real estate!
Example of how using private money worked for one of our clients: Purchased a power of sale vacant property: $550,000 Used private funding to close Used private funding for a renovation loan Renovated and leased the vacant space Appraised the property after the work was completed: New value $1,100,000 Refinanced with the bank Removed private money: now they have a beautiful property that is cash flowing and their initial investment has been returned!
Please note, first mortgage rates for a private loan average from 7-10% annually, second mortgage rates average from 10-15% annually. We can obtain up to 90% of the value of the property on approved credit. On average this is on higher side, however has been funded. Lender fee and broker fee will also apply. Private money will fund land, gas stations, vacant properties, distressed properties, construction, and development amongst many others. If you are looking to buy a property and are hitting a wall with your funding, contact info@profunds.ca or reach us toll free at 1-888-330-3866 and we can perform an assessment on your deal today!
Carmen Campagnaro President Pro Funds Mortgages Inc.
9286_0515
Business Investor
e 01
11289457_0515
Pro Funds Mortgages • 1.888.330.3866 • info@profunds.ca • 3390 South Service Rd. Suite #201, Burlington ON L7N 3J5
Please say you saw it in The Commercial Investor
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Volume 15 Issue 01
Commercial Real Estate & Business Opportunities
R DE UN FFER O
NG MI CO SOON
DISTRIBUTOR OF MEDICAL PRODUCTS
ENGINEERING FIRM/FIRE PROTECTION
Located in the GTA and operating over 20 years, the Company wholesales medical products that are directed toward Home Health Care, Pharmacy, Orthotic and Prosthetic, and Podiatry markets. Revenues are in the $2 million range and earnings in the $300K range.
Operating in the GTA over 25 years the firm provides consulting with a focus in fire protection for clients throughout the world. These services are also provided for existing buildings and buildings undergoing renovation. Revenues are in the $6 million range and earnings in the $1 million range.
NDT PROVIDER O
PLUMBING SERVICES COMPANY
Company operating in the GTA and specializing 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 $1.7 M range and earnings in the $450 K range.
ENGINEERING CONSULTING
R DE UN FFER O
R DE UN FFER O
MANUFACTURER OF AUTOMATION EQUIPMENT FOR FOOD INDUSTRY
Business Investor
Located in Southwestern Ontario the company provides advanced and robotic systems for poultry, beef, pork, cheese, sliced meats, readymade foods, and industrial washing systems for all segments of the food industry. Revenues in the $6 million range and earnings in the $900K range.
O
ATLANTIC PROVINCES MANUFACTURER OF KITCHEN CABINETS
The Company is a premier manufacturer of kitchen and bath cabinetry. Operating over 20 years the Company serves residential developers and retail customers along with commercial clients in its surrounding area. The Company derives half of all revenue from first time buyers. Revenues are in the $2.5 M range and earnings in the $550 K range.
W ITY NE TUN OR PP
OFFICE MAINTENANCE COMPANY
Business has been in operation for 10 years generating $1 Million in revenues with 7 FT & 73 PT employees. Located in Southern Ontario - one hour out of GTA.
MFG. TOPICAL MEDICAL PRODUCTS
Company manufactures niche topical medical products considered Class II medical devices in the US and Class I in Canada. And a range of topical personal care products. Located in the GTA with 8 FT, the business generates $2.5 M in revenues and earnings in the $450K range.
R DE UN FFER O
The Company is engaged in heavy industrial and tool fabrication. Operating over 20 years in the GTA and with 25 highly trained employees, the Company generates revenues of $6 million with earnings in the $2 million range.
W ITY NE TUN OR PP
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 the GTA. Revenues are in the $7.5 M range with earnings averaging in the $500K range.
The Company provides engineering consulting to building services, municipal services, private enterprise, transportation, Crown corporations, bridge design, and geotechnical. It serves multiple cities, counties, and districts in Ontario. Company employs 114 FT and generates revenues in the $13.5 M range.
CNC MILLING AND TOOL FABRICATION
LIFT TRUCKS AND HANDLING EQUIPMENT The company sells, rents and services handling and racking equipment serving the farm and construction industry. Located one hour west of GTA with over 500 accounts, Company generates revenues over $4 million and earnings in the $450K range.
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EQUIPMENT & DIES MFG.
Operating since 1993 and located one hour outside the GTA - the Company specializes in the design and manufacturing of stamping dies and special purpose equipment. Revenues are in the $7 million range and earnings in the $2 million range.
“Selling Your Business is our Business” 416-780-0009 or 1-866-490-9991 Please say you saw it in The Commercial Investor
8157086_0515
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905.929.9800
HomeLife Results Realty Inc.
Direct
905.318.3800 24 Hr. Pager 647.609.9463 GTA Direct mazharroshan@sympatico.ca MOTEL MOTEL FOR FOR SALE SALE - $579,000 - $579,000
8148414_0515
Mazhar Roshan BROKERAGE
I have qualified buyers for up to $5m in commercial and investment buyers. Call for details.
UPPER JAMES HAMILTON - $849,000
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 & No Frills. 0515_DJW_0068
Mixed use property located on Upper James with M5 commercial zoning over one acre of land with 4 bed 3 bath home, all hardwood floors, new roof 09, furnace 13, AC 14, newer windows, door and kitchen, city water and sewer, newly updated (2009) commercial portion with 3 offices, 2 pc bath and 1000 sq ft. heated insulated workshop with water, gas and hydro in place, leased for 2200, has 30 parking spots, 24 hours notice for showing, RSA, call for more details. 4914_DJW_0020
4914_DJW_0021
LARGE COMMERCIAL BUILDING - $114,900
6500 sq ft located in Town of Inwood on 3 roads, 15 minutes from Hwy 402, located between London, Sarnia & Chatham. Industrial manufacturing, storage, warehouse, auto repair, auto body & fender shop, paint booths installed. Also available next door property business equipment, shower stalls, drain, stamping machines & all equipment & tools for fibregass stamping can be bought separately. 4514_DJW_0023 4514_DJW_0024 4514_DJW_0025
BAR AND EATERY - $129,900
BUSINESS FOR SALE - $44,900
LAND FOR SALE 3 T LY EF N L O TS LO
Long established Pizza store, surrounded by high rise buildings, very low rent and long lease, owner selling due to health reasons, good for family operation. Purchase an established business for less than start up costs.
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.
Located in Stoney Creek, doing over 10K per week, full equipped and licenced for 110 person, this is a turn key operation. Great for family business. Owner absentee operation. Just buy it and start making money, long lease, reasonable rent.
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4914_DJW_1_0027
price reduced
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FOR SALE - HAMILTON
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.
Long established dollar store located on a very busy street in plaza location, doing around 400K yearly, sales with good margin of profit, reasonable rent and long lease available. Asking $59, 900
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PLAZA FOR SALE - $1,485,000
PRIME LOCATION - $1,099,000
FOR LEASE BRANTFORD
Rare find Commercial Plaza with anchor tenant. Net income is 104K, offered at 7% cap rate.
On Upper James & corner of Airport Road. Over an acre of land. Property has 2 houses both rented for 1100 + 1000 and tenants pay utilities mixed use property with H-C3 zoning. Lots of future development potential. Buyer to do their own due diligence.
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.
4514_DJW_1_0085
4514_DJW_1_0084
4514_DJW_1_6668
11G COM
151 City Centre Drive, Suite 300, Mississauga, ON L5B 1M7
phone 905.268.1000 fax
905.542.2836 Member Commercial Division, Toronto Real Estate Board
RETAIL PLAZA MISSISSAUGA- HWY 10 / DUNDAS
INDUSTRIAL COMMERCIAL PLAZA - BRANTFORD
4514_DJW_2_0075
$15,000,000
0515_DJW_0085
• New Construction • 9 units for sale • VTB mortgage available • Rent GUARANTEE • NET INCOME $175,000
RETAIL PLAZA SCARBOROUGH
$2,500,000
• 4.5 Acre land • 15,000 sq ft manufacturing facility • Triple A tenant for 22 years • New Lease from Aug. 2014 for 5 years • NET INCOME - $60,000
INVESTMENT PROPERTY BRIGHTON
4514_DJW_1_0078
DEVELOPMENT POTENTIAL: • Zoning permits • Apartments 230 units • Office/commercial • Retail • Service area • Total gfa
4514_DJW_2_0076
OFFICE MISSISSAUGA 2708 SQ FT
$749,900
4514_DJW_0074
BRAND NEW PLAZA - ORANGEVILLE
EARN 12% PER YEAR INVEST IN PROJECTS WITH OUR TEAM 12G COM
• Fantastic main street location • 13 units • Long term tenants • NET INCOME $205,000 $4,150,000
• Net income $42,000 • Investor or Self use (3 offices) • Dixie and Derry location • Excellent lease hold finishes • On 2 separate floors. $569,900
• 14,200 sq ft • 50% occupied • NET POTENTIAL INCOME $312,400 4514_DJW_2_0081
CALL 647-295-5501 FOR DETAILS www.connect2realestate.ca
225,859 sq ft 40,666 sq ft 15,995 sq ft 10,365 sq ft 292,886 sq ft
$5,800,000
8471255_0515
PRESENT • 26,829 sq ft built up area • Fully Leased with multiple triple ‘A’ tenants • 2.5 acres of land • Escalating Leases • 200 + parking spaces • Annual Net Income $ 700,000 approximately
COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_0515
Bill Bradley
Sales Representative
Independently Owned & Operated
Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866
416.258.6866 exitwithbill@gmail.com
PARADISE IN GRENADA
Certificate of Excellence 2013 & 2014 Winner
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Jenny’s Place
One of the best 10 Carribean hideaways to spend your holidays on a beautiful sandy beach. Called Grand Anse Beach with The Edge Bar & restaurant for your Enjoyment at discount prices. $175.00 per night. Special on longer stays.
EXCELLENT INVESTMENT. $2,400,000. GORGEOUS RETIREMENT HOME Lovely 41 unit Home with full attendance and showing approx. 10.0% CAP return on your money. Buyers Only Please. Call Bill Bradley.
$3,400,000
4914_DJW_0051
1251 WHITE LANE, OAKVILLE Approx 5000 sq ft 2 storey brick home with double garage plus wheel chair accessible on a large ravine lot with swimming pool, hot tub, cabana, large patio for summer enjoyment. The home has a large living room, dining room, kitchen, family room, 2 pc bath and office on the main floor. The 2nd level has 5 bedrooms and 5 bathrooms. The lower level has a home theatre, 2 bedroom, and games room. This home has everything you want and is in move-in condition. Call Bill Bradley.
SPECIAL PRICE $979,000
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855 CENTRE ROAD WATERDOWN AREA On 4.8 acres. Lovely renovated home. Have your own greenhouse operation. Only $899,900. Call Bill Bradley. 0515_DJW_0069
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Strip plazas available in the Province of Ontario, from $1,000,000 to $15,000,000. Call Bill Bradley IF you are interested in buying one or two (BUYERS ONLY) 13G COM
14G
COM
9853283_0515 9853283_4912
Don Rankin Escarpment Realty Inc., Brokerage
email:
Broker
905.575.5478
donrankin@remaxescarpment.com
8468583_0515
0515_DJW_0049
$331,000
0515_DJW_0050
BEAUTIFUL BUSINESS
MAKE AN OFFER
4 plex zoned "E" multifamily. Needs work. Vacant and for sale by the bank. Renew, Refresh, Pick your own tenants, Set your own rents. Centrally located in one of the hottest markets in Canada! Hamilton Ontario. 0515_DJW_1_0068
COUNTRY KITCHEN Small town on the way to the beach retirement community, cottage country, the border, country kitchen and 2 bedroom apartment, established clientele. Great rural life style yet 30 minutes to Hamilton.
Hair salon, same owner for 23 years. High traffic area! Located across the hall from Tim Hortons on busy main artery. Income from staff, room to grow, could use aesthetician, maybe masseuse? It’s making money now!
$39,000
5 THOUSAND SQ. FT. $5.50 SQ.FT. Plus fenced compound in central Hamilton. Zoned heavy industrial with heavy power if required. Minutes to QEW. Toronto/Niagara. Come to Hamilton, the market is hot, lots of opportunity.
Ontario’s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate
FOR ADVERTISING CALL
OREEN WILLS 905.570.9283 • 1.800.268.0077 D Doreen.Wills@wall2wallmedia.com 15G COM
ALWAYS WANTED TO BE YOUR OWN BOSS?
PINNACLE REAL ESTATE BROKERAGE
9764473_0515
Each Office is Independently Owned and Operated
Meltem Koseleci Sales Representative®
35pine.com 0515_DJW_0071
Here is your opportunity! Located in the heart of the hippest retail strip in the 905. Successful business since 2001. This Victorian beauty is perched on a highly visible corner location in the center of the Locke Street retail district. Earn extra income from the spacious and characterfilled 3 bedroom apartment upstairs or enjoy a live/work opportunity.
9526693_0515
Direct: 905-308-4635
Orillia Realty (1996) Ltd. Brokerage
MIXED USE COMMERCIAL/ RESIDENTIAL BUILDING In the heart of James Street North Art District: (Bachelor apartment upstairs) just steps to everything, including: Cafes, Restaurants, Art Galleries, Artist Studio spaces, new GO Station, shops and so much more. Highly visible commercial space equipped with bar and pizzeria but can easily be converted to gallery, shop or studio space. Endless possibilities! Work/ 299jamesnorth.com live set-up or rent the upstairs apartment for extra income.
0515_DJW_0072
Email: meltem@meltemkoseleci.com ASKING $2.5M
705-325-1373
Donna J. Smith
B RO K E R donnajsmithremax@gmail.com
Direct
705-330-1289
IS GOLF YOUR GAME?
18 Hole Golf Course and Driving Range as well. Just north of Barrie, Ontario on the north side of Hwy 11, Turnkey operation. Established 28 years on 92.96 acres. Includes a 3 bedroom brick house, lic’d Clubhouse - outbuildings - Equipment (no rentals). Course and buildings in pristine condition. Well managed. “The Perfect Family Business”. Then call for details. Donna J. Smith Broker Direct: 705.330.1289 1314_DJW_0080
Find Any Kind of Business ON YOUR MOBILE DEVICE 30,000+ LISTINGS 75% EXCLUSIVE (50 - 150 NEW LISTINGS DAILY)
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1,400+ BUSINESSES FOR SALE 400+ BUYERS 30,000+ Haves & Wants of www.iciworld.com OR www.iciworld.mobi FOR ALL MOBILE DEVICES
INDUSTRIAL, COMMERCIAL, RESIDENTIAL & INVESTMENT REAL ESTATE AS WELL AS BUSINESS OPPORTUNITIES
The Market ICI World Real Estate Network 131 Bloor St. W., Suite 200 Toronto, ON, Canada M5S 1R8
App Store
“IT’S INFORMATION AT YOUR FINGER TIPS”
Bus.
416-840-6227 1-877-272-1721
BE SEEN LIMELIGHT IN THE
Highlight your hot, new and unique listing. Feature 2 properties and your agent photo in a full colour quarter page ad.
Reserve your space today! 1-800-268-0077 16G COM
THE COMMERCIAL INVESTOR SPOTLIGHT
CAMPGROUND FOR SALE • Short walk To Beach • 157 Spacious Sites • Multiple Revenue Streams • 22.19 acres, Room for Expansion • Munic. Water, Engineered Septic System • Pool - Playground Rec Hall
Orio Fishleigh Sales Representative
Cell: 519 709-6746 orio.fishleigh@century21.ca
Tillsonburg: 86 Broadway St. | 519 688-0021
Dave Bratt Sales Representative
Cell: 519 532-5375 dave.bratt@century21.ca
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Woodstock: 871 Dundas St. | 519 539-5646
FOR SALE OR LEASE - ORILLIA
12 UNIT PLAZA - ORILLIA
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11284423_0515
11294190_0515
SPOTLIGHT SECTION
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High Visibility Commercial Location – Close to Hospital 7 Bay Garage Specialty Automotive Shop Large Frontage on Memorial Ave.
Many Long Term Tenants Professional & Business Offices Near CTC and Indoor Mall Easy Access to Highway 11
$1,400,000
$1,100,000
ATTENTION INVESTORS & DEVELOPERS!! Brokerage
Independently Owned & Operated
Eugene Dignum
Stephen Dignum
Sales Representative
Broker
2514_DJW_0043
$5,900,000
Prime corner location. Two frontages of approx. 1100 ft. Serviced lot with massive potential. Invest now to be ready for next wave of development in choice location. Close proximity to Hwy #50 and Bolton Industrial Development and future highway corridor. Bolton bypass frontage. Includes House & Barn. City water connected, gas and sewer available. Approx. 6.83 acres in Brampton.
32 ACRES FOR ESTATE LOTS! Prime opportunity to develop for Estate Lots in prestigious Palgrave Community in Caledon. Services available at the lot line....Gas and Water. Adjacent to existing development. Easy access to Hwy 9 and Hwy 50. Great for commuting to Toronto via 400/404/410.
$1,499,900
4914_DJW_1_0032
1.866.297.3948
11277268_0515
Exit Realty Hare (Peel)
www.eugenedignum.com
BE SEEN LIMELIGHT IN THE
Highlight your hot, new and unique listing. Feature 2 properties and your agent photo in a full colour quarter page ad.
Reserve your space today! 1-800-268-0077 COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!
17G COM
Jeremy Van Der Marel
Trevor J. Maddern, RCM
Broker
Tel: 905-664-7900 Ext 226 Email: jeremyv@jeremyv.ca www.jeremyv.ca
SIX BAY GARAGE!
BROKERAGE
Tel: 905-333-1706 Email: mail@tag-solutions.ca www.tag-realty.ca
EXTREME VISIBILITY
g kin 000 s A 0, ,80 $2 0515_DJW_0038
g kin 000 s A 0, ,60 $2
High visibility corner excellent signage, two driveway entrances. Free standing well maintained 4500 SF building. Business name operating since 1985 with 10,000 customer list included in sale pricing Zoning GE1, many other potential uses and/or redevelopment potential.
REALTY
0515_DJW_0039
MAREL REAL ESTATE INC. BROKERAGE
Broker
Corner lot on key artery running through Burlington. Maximum exposure featuring large pylon sign with entrances from two streets. Free standing building, currently used as luxury auto sales. Zoning GE1, many other potential uses including redevelopment potential.
11294187_0515
8982635_0515
18G COM
NO
Commercial Team In Canada! *
**
+ **
COMMERCIAL www.PBcommercialteam.com ** Sales Person + Broker
Stunning 3383 Sq. Ft. office space! Modern class ‘A’ office building. Prime ‘Shops At Don Mills’ location! Current medical office w/superb leaseholds! Can be used for any professional use; tons of windows/great views! $18.95/Sq Ft. Net 0515_DJW_0080
YOUNG/SHEPPARD OFFICE SPACE
VIC PARK/DANFORTH SUBWAY RETAIL/OFFICE BUILDING
VE
Prime Danforth & Vic Park commercial building! 1,888 Sq.Ft. w/ Retail & Office spaces. Close to subway with excellent Danforth exposure! Same owners since 1983! Current main flr chiropractic clinic and 2nd floor office! Amazing opportunity for owner/user. $688,000.
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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! 0515_DJW_1_0075
TORONTO EAST APARTMENT BUILDING
0515_DJW_0082
TORONTO - OFFICE/ RETAIL SPACE
TORONTO WEST APARTMENT BUILDING S
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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. 0515_DJW_0081
Turn-key 4,354 sq. ft. automotvie 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. 0515_DJW_2_0075
$11,750,000.
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60,000 Sq. Ft. retail plaza in popular Toronto East location! Busy two-story plaza on over 2 acres at high traffic intersection. Excellent low maintenance investment! 0515_DJW_1_0077 $8,880,000
INDUSTRIAL LEASE SPACE WORLDWIDE TROPHY ASSETS! LU
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Excellent 1127 square foot office/ retail space at Lawrence/Warden! Spacious unit with bathroom, drop ceiling in newly modernized plaza! $14.95/SF Net. 0515_DJW_1_0076
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Prime 10 story, over 100 unit apartment building in excellent Toronto East location! Excellent investment! SItting on over one acre, low maintenance investment opportunity!
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Automotive commercial condo unit, business & equipment for sale near Derry & Tomken. 15 allocated parking spots. 4 drive-in doors with 1 oversized. Close To hwys 410, 401 & 407. Contact Kristyn Cruz at 905-477-0011 0515_DJW_0104
PRIME AUTO LOCATION TORONTO EAST RETAIL PLAZA
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Great Warden/Lawrence industrial lease space. Two units available one approx. 6,000 sq. ft. and another approx. 3000 sq. ft. Excellent street exposure, plenty of truck level doors.
Call for pricing.
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• Downtown Manhattan skyscraper! Both comm & retail space: $975M • Las Vegas, NV casino! 21 floors on approx. 37 acres: $475M • Brooklyn Hotel, popular hotel chain, over 320 rms: $169M • Las Vegas, NV hotel/casino over 3,800 rms, 80% complete: $470M • NY city hotel, 140 rms, 3 star asset, approx. 5% CAP: $103M PRINCIPALS ONLY
www.PBcommercialteam.com | Team@PBTeam.com 5071 Highway 7 E., Markham ON L3R 1N3
*Based on Re/Max International Commercial Commissions in 2014 1St Q
11286152_0515
OFFICE SPACE DON MILLS/ LAWRENCE
9741130_0515