Commercial Investor - 21 Jan, 2017 by NextHome

Jan 21 - Feb 18, 2017, Volume 17 Issue 01

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! 151-161 KING ST. N, WATERLOO, ON $6.9M

CHESLEY - RESIDENTIAL SUBDIVISION - $840,000

RE DU CE D

30 ACRES

ED UC D RE

• 0.919 acre Multi-Residential Site with potential to develop 238 Units • 254 frontage on King St. N • MR-25 Zoning • Excellent location close to WLU & University of Waterloo, Uptown Waterloo and Waterloo Park • Exclusive

Call Duncan McLean, Sales Representative CMA Realty Ltd., Brokerage

519-590-7997

duncan@cmarealty.ca

OWNER ANXIOUS TO SELL. Featuring 60 registered unserviced building lots, plus approx. 30 acres of flat land, zoned residential. The property is situated in the picturesque town of Chesley (just north of Hanover). Chesley boasts its own modern hospital, numerous churches, social clubs, supermarket, an active Main Street with a new large Grey-Bruce School Board Head Office.

ASKING ONLY $840,000 For Marketing Brochure Call: Winston Davies, Broker of Record WinCorp Realty Inc., Real Estate Brokerage Suite 411 – 60 Wyndham Street South, Guelph, Ontario N1E 7H7 Tel: 519-836-2080 Email: wjmdavies@rogers.com

Brokers Information Listing Service 30,000+, Haves & Wants, 75% Exclusive Results in 60 seconds on your phone

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FREE SUBSCRIPTION!

LE SA ASE R E FO R L O

Clean, one dock door, 17 feet clear height, 1500 sq. ft. office area. Near Appleby Line / Harvester Road. William DeJong, President, Broker of Record, 289-291-5068, wdejong@cbci.ca or Alisha McLean, Sales Representative, 289-291-5085, amclean@cbci.ca Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage

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

FC_0317 (COM)

-214-487 6 5 41

6,242 SQUARE FEET FREESTANDING, BURLINGTON

FUTURE DEVELOPMENT LAND

BRAND NEW COMMERCIAL CONDOS T LEF ITS N 2U LY ON

$16 PER SQ FT PLUS $4 TMI/CAM

• Almost 50 acres of future development land • Located South of Hamilton bordering Urban area • Asking Price is $26,250,000 • Listed exclusively

Branthaven Homes presents Jazz Condos. 1110 sqft. and up commercial condos in a brand new mixed use development on busy Plains Rd. E. in Burlington. Many uses allowed including Retail and Office. Plenty of parking, easy access, and just minutes to the 403/QEW. Occupancy ONLY 2 UNITS LEFTCall Nick and Nic for further available fall 2016. details. 0317_DJW_2_0023

• Space for lease in plaza • 12,402 sq. ft. available • Plaza recently refreshed • Long term national tenants on site • Located at a busy signalized intersection near schools and churches • Large parking area • Asking $25 per sqft plus TMI 0317_DJW_1_0008

0317_DJW_1_0026

FOR LEASE

BUILDING FOR SALE - 168 RAGLAN ST. S. RENFREW BRAND NEW COMMERCIAL CONDOS - GRIMSBY T FAS EFT NG ITS L I L L SE 2 UN LY N O

Space for lease in a brand new, to be built plaza. 1000 sq. ft. to 25,000 sq. ft. available. Great corner location at Rymal Rd. E. and Dakota Blvd. on the Hamilton Mountain. Surrounded by new residential developments across from a high school, and 600 meters from the new Trinity Church Rd. Extension between Stone Church Rd. E. and Rymal Rd. E. connecting the area to easy access to the Red Hill Valley Parkway. 0317_DJW_1_0866

• Solid 2 storey building retrofitted with long term tenant • Tenant covers all expenses • 6000 sq. ft. • Selling at 10% cap rate • Hassle free investment • Asking $389,700 0317_DJW_1_0011

RETAIL UNIT FOR LEASE

ATTENTION LAND OWNERS WE NEED DEVELOPMENT LAND PLEASE CALL US

IN STONEY CREEK

ATTENTION LAND OWNERS

Branthaven Homes presents the Lake House commercial condos. Brand new Commercial/Retail/Office condos by Branthaven! Approx. 975 sq. ft. to 1100 sq. ft. units, with two up to 1600 sq. ft. in size. Located in Grimsby just off of Casablanca Blvd and QEW interchange, on the Branthaven Lakehouse development. Direct exposure to the main road, with plenty of SELLING FAST ONLY 2 UNITS LEFT by high and medium density parking. Strategically situated surrounded residential. Occupancy as early as fall 2017! 0317_DJW_1_0025

OFFICE UNIT FOR LEASE IN STONEY CREEK

WE NEED DEVELOPMENT LAND PLEASE CALL US 1238 sqft unit avail in Spartan Square in Stoney Creek, a well cared for, busy plaza at the corner of Hwy #8 & Spartan Av. Join existing & successful businesses in the plaza such as Subway, Home Hardware & First Choice. Plenty of parking. Asking $15 per sqft. plus $9.86 TMI per sqft. 0317_DJW_1_0010

BUILDING FOR SALE IN HAMILTON

0317_DJW_1_0899

DEVELOPMENT LAND

Great Stoney Creek location at 589 Barton Street! 2nd floor Prestige office space available. 2000 sqft on the 2nd floor with elevator. This high traffic location has quick access to the QEW. Well maintained building with lots of successful tenants. Asking $10 per sqft plus $4.10 TMI per sqft. 0317_DJW_2_0011

SOLD HAMILTON INFILL SITE FOR SALE

$1,050,000

ER T D UN RAC NT O C Lrg building for sale in Downtown Hamilton. Former Presbyterian Church building - 3 flrs of offices, including gym, chapel, lrg sanctuary. Many poss. on this site from retrofitting the building to full redevelopment. Located at South W corner of Tisdale N and King W.

ER T D UN RAC NT O C • 97 acres of potential future development land

for sale. • Located South of Hamilton along Hwy 6 corridor just South of Hamilton - Haldimond County boarder • Asking price is $5 million

0317_DJW_2_0009

D L O

• 2.6 acres infill development parcel on the Hamilton Mountain. • Potential of 12-30 ft lots and 30 condos towns • Asking price $2.5 million

0317_DJW_1_0041

0317_DJW_2_0035

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

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

COM

Broker nkazan@royallepage.ca Office 905.574.3038

Broker nvbredow@royallepage.ca Office 905.574.3038

Not intended to solicit Properties or Buyers Currently Under Contract

0317

AVAILABLE

INVESTMENT OPPORTUNITIES

SOUTHWESTERN ONTARIO INVESTMENT TEAM

MULTI-TENANT INDUSTRIAL BUILDING London, Ontario + + + +

Total building area: 49,417 sq. ft. Site area: 2.04 Acres Industrial: 32,326 sq. ft. | Office: 14,550 sq. ft. Asking $2,900,000 ($58.69 sq. ft.)

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

HIGH DENSITY RESIDENTIAL LAND London, Ontario + + + +

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

MULTI-TENANT INDUSTRIAL BUILDING Kitchener, Ontario

+ 2.38 Acre site at signalized intersection + Over $2 million potential upside + Asking $6,250,000

+ + + +

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

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

TOWNHOUSE DEVELOPMENT LAND Brantford, Ontario

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

REDEVELOPMENT SITE Kitchener, Ontario

+ ±28 Townhouse site + Ravine cul-de-sac setting + Asking $1,200,000 ($48,857/Unit)

+ + + +

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

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

+ Walking distance to downtown London + NOI: $129,793 + Asking: $1,550,000

27,644 SQ. FT. RETAIL PLAZA London, Ontario

178,454 sq. ft. | ±20.7 Acres | 100% Occupied 18.5 Years remaining on Term Current NOI: $784,129 USD Asking $9,800,000 USD

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

FULLY LEASED MULTI-TENANT BUILDING London, Ontario

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

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

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

INVESTMENT OPPORTUNITY Strathroy, Ontario + + + +

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

Rare, large-scale urban redevelopment site ±750,000 sq. ft. on ±27.66 Acres Within 800 meters of two future LRT stations Asking $14,500,000

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

11284449_0317

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

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

17,025 sq. ft. on 1.45 Acres Along LRT route, above average on-site parking 2 Frontages Asking $895,000

Will Hunter** BBA 519 340 2307 will.hunter@cbre.com

NEWLY RENOVATED FLEX OFFICE BUILDING Cambridge, Ontario + + + +

26,188 sq. ft. of flex office suites New roof, windows and doors, a modern facade Close proximity to Hwy 401 and Hwy 403 Asking $2,990,000

Chris Kotseff* 519 340 2321 chris.kotseff@cbre.com

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

www.cbre.ca * Sales Representative ** Broker

This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“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.

COM

SOUTHWESTERN ONTARIO COMMERCIAL OPPORTUNITIES

BUILD TO SUIT

OFFICE / RETAIL SPACE

161 Bonaventure Drive London, ON

14104 Belmont Road Belmont, ON

2679 Howard Avenue Windsor, ON

Ð Build To Suit with various size units available from up to 20,000 sq.ft. Ð Zoned HS1,4 and RSC 2,3,4 Ð Corner location with established businesses in the area Ð For Sale and For Lease

Ð Landmark corner location Ð 2,756 sf main floor space in downtown Belmont Ð On-site parking with great signage Ð Zoned GC Ð Commercial location along well established arterial road

Ð 93,000 sf - freestanding industrial / warehouse and office facility Ð Partially tenanted Ð 7.05 Acres / 16’-30’ foot clear height Ð 10 cranes ranging from 5-25 ton Ð Indoor / Outdoor storage Ð $175,000 NOI w/excess vacancy

SALE PRICE $799,000 LEASE RATE $22.00 PSF

SALE PRICE $330,000

SALE PRICE $2,950,000

Andrew Johnson, Sales Representative 519.438.8639 andrew.johnson@cushwakeswo.com

Jameson Lake, Sales Representative 519.438.8548 jameson.lake@cushwakeswo.com

Andrew Johnson, Sales Representative 519.438.8639 andrew.johnson@cushwakeswo.com

Brent Rudell, Broker of Record 519.438.5608 brent.rudell@cushwakeswo.com

David Jongerden, Sales Representative 519.438.9125 david.jongerden@cushwakeswo.com

BUILD TO SUIT

INVESTMENT

50 Charterhouse Crescent London, ON

602 Queens Avenue London, ON

Ð 350,835 square foot building Ð Approx. 72 acres on Highway 402 near the Michigian Ð Ceiling heights from 23 to 53 feet Ð Overhead cranes to 50 tons Ð 14 grade doors, 7 dock doors

Ð Two buildings on-site with a total of 53,050 square feet Ð Front Bldg - 23,570 sf Ð Rear Bldg - 23,550 sf Ð Site area - 3.05 acres of land Ð Property Taxes $58,360 (2015) Ð Zoned LI 1, 3, 7

Ð Premier office space in fringe downtwon core Ð On-site, free parking included in rent Ð Over 38,000 square feet Ð Well wired and finished space Ð Preference for single user but space may be demised

SALE PRICE $1,995,000

LEASE RATE $14.95 psf Net

Tyler Desjardine, Sales Representative 519.438.5403 tyler.desjardine@cushwakeswo.com

David Jongerden, Sales Representative 519.438.9125 david.jongerden@cushwakeswo.com

Kenn Poore, Broker 519.438.5588 x224 kenn.poore@cushwakeswo.com

519.438.5588

www.cushwakeswo.com Real Estate Brokerage, Independently Owned and Operated A Member of the Cushman & Wakefield Alliance

PRESTIGIOUS BLDG

21 Ube Drive Sarnia, ON

SALE PRICE $15,500,00 LEASE RATE $4.50 PSF

COM

ATTENTION INVESTORS

CUSHMAN & WAKEFIELD

Southwestern Ontario 620-A Richmond Street 2nd Floor, Box 19 London, Ontario N6A 5J9

11266917_0317

Crystal Beach

G LO REA CA T TIO N

E SID S UP ENT R N O

• Current Usage:

• Asking $2,060,000 • Asking $51,500 per Suite • Located in Popular Tourism Town in Niagara

12 x Lofts, 6 x Bachelors, 17 x 1 Bdrm, 2 x 2 Bdrm, 1 x 3 Bdrm, 1 Retail Unit, and 1 Mgmt Office • Brand New HWG Boilers

South Region • Zoned for Residential/ Commercial Uses • Potential for Tenants

(2016) • Minutes to Beach, Shopping, Restaurants, and Fort Erie

to Pay Own Hydro on

• Projected 7.2% CAP Rate

Turnover

• Treat Financing as Clear

Cambridge SY E EA NAG A M TO

• Asking $1,599,000

Hamilton

• Asking $5,740,000 • Asking $140,000 per Suite • Solid Opportunity in this Tidy Property with Good Tenants • Shows True Pride of Long Term Ownership! • Windows/Balcony Doors Replaced approx. 12 Years Ago • Parking, Roof, and Common Areas are Well Kept

VE R LO Y W CA ELL TE D!

• 8 x Bachelor

• 1 x One bedroom

• Asking $133,250 per Suite • 11 x Two bedrooms • Well maintained Building • Good rental neighbourhood with all

• Upside potential on

turnover amenities nearby • Easy access to Cambridge • 20.3% ROI with 15% down transit for tennants • Solid concrete block

• Treat financing as clear • Seller may consider a VTB

construction •Features large

mortgage to a qualified

apartments

buyer

E! AT UL TER C A A W IMM THE ON

Windsor

CO CON D N AP VER O PR SIO OV ED N

• 2 x One Bedrooms

• Asking $140,625 per Suite

14 x Two Bedrooms

16 x Two Bedrooms

• Boutique, Turn-Key

• Owner Managed &

• Hydro Paid by most Tenants • Treat Financing as Clear, Purchaser to Arrange • Inquire with Skyview to Receive Property Info Package

41 Suites

Property with Excellent Tenant Profile Adjacent to Park

• 5.8% CAP Rate • Some Units with Double

• Tenants Pay Their Own Hydro

Balconies • Treat Financing as Clear,

• Upside on Rents Possible on Turnover

Beautifully Maintained • Wow! Shows a ‘10’!

• Views of Detroit Skyline &

or Attractive Low-Rate Mtg Avail to be Assumed

16 Suites

LA SU RGE ITE S

• 3 x One Bedrooms

• Asking $ 72,222 per Suite

6 x Two Bedrooms

• Schoolhouse Converted to • Tenants Pay for Own Heat and Hydro Apartments in the 1980’s • Approx. 1 hour South of • Owner Managed & Well Hamilton Maintained • Backs onto City Park • Quaint Small Town Feel • 6.1% CAP and a Short Drive to Port • 15.5 % R.O.I. • Treat Financing as Clear

9 Suites

• Asking $2,250,000

Central Hamilton

• Asking $ 650,000

Dover in Norfolk County

17 x One Bedrooms • Great Location in

Vittoria

% 6.1 RATE P CA

12 Suites

40 Unit Apt/Comm Complex

T EN LL E CE EX PSID U

T AS REA CL T EA R

E SID S UP ENT R ON

London

• Asking $5,650,000 • Asking $117,708 per Suite • Located in South London close to all Amenities • Building Shows Well with nice landscaping • Tenants Pay Own Hydro • Apartments renovated with high end finishes

S FIN TYLI ISH SH ING S

• 12 x One Bedrooms 28 x Two Bedrooms 8 x Two Bedrooms + Den • Long Term Superintendent • Laundry Rooms on Each floor • Mature Tenant Profile • Existing 1st Mortgage of approx. $3,169,000 @ 3.65% due October 2019 to be assumed by Buyer

48 Suites 8172756_0317

COM

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

FOR ADVERTISING CALL

DOREEN WILLS 905.570.9283 • 1.800.268.0077 Doreen.Wills@ypnexthome.ca

247 CENTENNIAL PARKWAY N., HAMILTON

QEW & CENTENNIAL PARKWAY 45 GODERICH

OFFICE SPACE

COMMERCIAL/RETAIL/ OFFICE SPACE

OFFICE RETAIL SPACE

Close to The Court House, City Hall and McMaster, Available Immediately Downtown office space from 155 sq. ft. to 1548 sq. ft. From $12.00 per sq. ft. gross.

For Lease - 4150 sq. ft. - from $7.50 per sq. ft. Close to QEW, Red Hill Parkway & major bus routes.

Available Immediately. 918 - 2457 sq. ft. Plenty of parking and signage. Easy access to QEW. Rent from $11.00 per sq. ft.

8 MAIN ST. E., HAMILTON

1715_DJW_2_0029

1715_DJW_1_0028

1715_DJW_1_7007

905-777-0252 ext 304 E-mail:

info@desantis.com

www.desantis.com 6G

COM

8148088_0317

Tony DeSantis

•151 - 161 KING ST N, WATERLOO

$6.9M •WEBER ST E, KITCHENER

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

0317_DJW_2_0012

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

• Land & Building only • Call Ryan Briggs

$159,900

0317_DJW_0027

• Beautiful duplex with finished basement • Many updates & sunroom addition • Steps to Uptown Waterloo • Fully tenanted

• Close to universities, LRT and public transit • MLS • Call Ryan Briggs

$30.00/SF

0317_DJW_3_0013

197 FREDERICK ST, KITCHENER

warehouse, office, service & repair uses • Floorplan has reception area, work area, office and washroom • MLS • Call Duncan McLean

#200 - 82 WEBER ST E, KITCHENER

$15.00/SF GROSS • Great exposure across from new court house • Rent includes CAM & utilities • Large windows for natural light, A/C • Two storey walk-up office building • Plenty of on-site parking • Excellent for lawyers, accountants etc. • Call Rebecca Rawlings

E S A E L

KITCHENER, ONTARIO

519.578.0337

CELL:

• Rare Waterloo 1,937 sf industrial condo for sale • Excellent location close to Hwy 85, 7 & 8 • Includes spray booth, compressor, showroom with gas fireplace,

office, kitchen, mezzanine storage and washroom • Condo fee is $335 per month plus HST • MLS • Call Duncan McLean

IRA NEEDLES BLVD, KITCHENER

FROM $26.00/SF

• Freestanding restaurant currently occupied by Tim Horton's • CR-2 Zoning allows for restaurants, office, heatlh clinic, financial, etc. • Excellent Downtown Kitchener location

• On public transit route, three blocks from future Light Rail Transit stop • Ample onsite parking • $30/sf triple net lease • MLS • Call Neil Koebel

FREDERICK MALL, KITCHENER

$11.95 - $12.95/SF

• Pre-leasing • Upto 46,000 sf Commercial • $26.00/sf for office space, $32.00/sf for retail space to $40.00/sf for pad site • Located at high traffic

intersection of Ira Needles & University Ave W, across from the Boardwalk • Property is subject to final zoning approval • MLS • Call Duncan McLean

#3 - 38 MCBRINE PL, KITCHENER

$7.00/SF

0317_DJW_1_0054

• Sought after 1,000 square foot industrial condo in North Waterloo. • Convenient access to Highway 85 • 1-2 Zoning allows for many manufacturing,

0317_DJW_1_0032

0317_DJW_3_0012

#10 - 90 RANKIN ST, WATERLOO

• Convenient access to Highways 7, 8, 85 and 401 • Close to Fairview Mall, transit and all amenities • MLS • Call Ryan Briggs

0317_DJW_4_0013

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

• 1.03 acres of land of King Street E • C-6 zoning with 403 ft fronting on King St • Duplex and vacant land with excellent exposure

$479,900 •#8 - 160 FROBISHER DR, WATERLOO $289,900

0317_DJW_0026

0317_DJW_3_0031

•INNERKIP DEVELOPMENT SITE & LOTS $950,000 •50 LAUREL ST, WATERLOO

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

$975,000

3248 KING ST E, KITCHENER

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

with 22,945 AADT (2014) • Join Valumart, CIBC, Dollarama and many more • Tim Horton's coming to plaza in 2017 • Call Duncan McLean

• 1,500 sq. ft. available immediately • Fully air-conditioned office • Natural light through large windows • Approx. 5 on-site parking

spaces • CAM $4.67/sf • MLS • Call Ryan Briggs

NEIL KOEBEL

RYAN BRIGGS

DUNCAN MCLEAN

Broker of Record

Sales Representative

519-741-6594

Neil@cmarealty.ca

CELL:

519.498.5775

Ryan@cmarealty.ca

CELL:

11280798_0317

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

0317_DJW_3_0014

$995,000

5116_DJW_1_0029

0317_DJW_2_0024

•2786 KING ST. E., KITCHENER $1,030,000 •159 ERB ST W, WATERLOO

$4,890,000 • 1.8 acres development land Downtown Kitchener • Zoned CR-2 allows for commercial space and 120-200 condominium/ apartments units • Approved for up to 11 storeys • 9,500sf office building & parking lot currently producing income • Call Neil Koebel

0317_DJW_3_0020

0317_DJW_1_0052

• 0.919 acre Redevelopment Site • 254 ft frontage on King St N • MR-25 Zoning • Potential to develop up to 238 units condos or apartments • Excellent location close to universities, Uptown Waterloo & Waterloo Park • Technical reports available to serious buyer • Exclusive • Call Duncan McLean

519.590.7997

Duncan@cmarealty.ca 7G

COM

AVAILABLE

INVESTMENT OPPORTUNITIES

SOUTHWESTERN ONTARIO INVESTMENT TEAM

11314136_0317

BATEMAN TRA

K ROAD WHITEOA

COMMERCIAL DEVELOPMENT LAND London, Ontario + + + +

MULTI-UNIT INDUSTRIAL BUILDING Stratford, Ontario

Two corner parcels available 1.37 Acres & 1.63 Acres, services at the lot line Zoned Restricted Service Commercial Asking $225,000 per acre

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

+ + + +

±89.79 Acres agricultural zoned land ±7.89 Acres light industrial zoned land Can be purchased together or individually Combined Asking Price: $2,390,000

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

±13,705 sq. ft. situated on ±0.70 Acres Zoned M-3 Ideal for an owner/user Asking $2,195,000

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

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

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

COM

Approximately 18.79 Acres Official Plan: Low density residential 3 Registered future residential blocks Asking $2,500,000

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

LAND OPPORTUNITY Wilmot Township, Ontario

OFFICE INVESTMENT PROPERTY Windsor, Ontario

+ 45.18 Acres (±31 Usable acres) + Zoning: Zone 10 (H) + Asking $1,829,000

+ + + +

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

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

ATTRACTIVE OFFICE BUILDING Cambridge, Ontario + + + +

+ + + +

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

DEVELOPMENT LAND OPPORTUNITY Delaware, Ontario + + + +

Newly renovated in 2015 103,741 sq. ft. on 5.66 Acres New 60 Mil TPO roof Asking $4,500,000

LOW DENSITY RESIDENTIAL DEVELOPMENT Tillsonburg, Ontario

OFFICE INVESTMENT Chatham, Ontario + + + +

±3.6 Acres | 36,927 sq. ft. | 100% Occupied Treat as clear of financing Long term, net lease Asking $3,600,000

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

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

33,800 sq. ft., fully leased office building On-site & underground parking Tenant mix: government & medical office users Asking $2,000,000

OFFICE USER/INVESTOR OPPORTUNITY Kitchener, Ontario + + + +

High profile office building 15,892 sq. ft. on 0.6 Acres 6,125 sq. ft. available for owner occupier Asking $2,250,000

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

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

Will Hunter** BBA 519 340 2307 will.hunter@cbre.com

www.cbre.ca * Sales Representative ** Broker

COM

CURRENT INVESTMENT & DEVELOPMENT LAND OPPORTUNITIES REDEVELOPMENT SITE Kitchener, ON

• • • • •

VICTORIA HILLS PLAZA Kitchener, ON

OFFICE BUILDINGS Kitchener, ON

Rare, large-scale urban redevelopment site ± 750,000 sq. ft. on ±27.66 Acres Within 800 meters of two future LRT stations Asking $14,500,000 Potential for 1,000 Residential Units

• 18-Unit retail strip plaza; 36,003 sq.ft • Zoning by-law update will amend zoning to Residential Mixed Use. • Value-add opportunity • $3,500,000 ($97/sq.ft.)

• 640 Trillium Dr: 18,380 sq. ft.|$2,258,000 ($122/ sq. ft.) • 654 Trillium Dr & 95 McBrine Pl: 28,015 sq. ft. $3,692,000 ($131/ sq. ft.) • 9.8% Cap on Market Lease Rates

OFFICE INVESTMENT Chatham, ON

SERVICE COMMERCIAL PLAZAS Chatham, ON

INDUSTRIAL INVESTMENT Brantford, ON

• 95% High occupancy & quality tenants • Professionally managed & well maintained • Excellent curb appeal and parking compliment • High yield offered at 7.75% Cap Rate

• 95% leased to mix of quality tenants • Best-in-class office product in Chatham • Highly desirable location by virtue of its riverfront setting and central location • High yield offered at 8% Cap Rate

ESTATE SUBDIVISION LAND Inverhaugh, ON

COMMERCIAL DEVELOPMENT LAND Morriston, ON

• • • • •

STUDENT RENTAL INVESTMENT Waterloo, ON

• • • •

25 Units| 121 Bedrooms | 100% Leased Additional 200 Bed development potential 4 minute walk to Wilfrid Laurier University Ample amenities in very close proximity

COMMERCIAL DEVELOPMENT LAND Simcoe, ON

± 50,000 sq. ft. building on ± 3.8 Acres Wide range of Commercial Industrial uses Extra land for expansion / outdoor storage 8% Cap on Market Lease Rates Single tenant or can be divided for multiunit plaza

• • • •

SINGLE TENANT NNN LEASE London, ON

MIXED USE DEVELOPMENT LAND Brantford, ON

5.29 Acres on Queensway West (Hwy 3) CS (Service Commercial) Zoning Asking $1,500,000 ( $283,554/acre) High traffic & High exposure

• • • •

4.32 Acres Potential for 37 Estate Lots 15 Minutes to KW, Cambridge & Guelph Asking $2,950,000

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

• 100% leased to an investment grade corporation, ±7 years of term remaining • 210,727 sq.ft. best-in-class industrial space • Situated adjacent to London airport

• 9.01 acres • C10-6 (Community Centre Commercial) zoning • Asking $5,500,000 ($610,432/acre) 11314134_0317

FOR MORE INFORMATION, PLEASE CONTACT: Joe Benninger* CCIM Vice President 519.340.2323 joe.benninger@cbre.com

Martin Cote* Senior Sales Associate 519.340.2317 martin.cote@cbre.com

James Craig* Senior Sales Associate 519.340.2330 james.craig2@cbre.com

10G COM

CBRE Limited, Real Estate Brokerage 101Frederick Street, Suite 810 Kitchener, ON N2H 6R2 T.519.744.4900 F.519.571.9315

Volume 17 Issue 01

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06 IN THE NEWS — CFIB looks forward to working with new cabinet 14 MONEY SENSE — Have an investment? Here are three things you need to know 16 MARKET INSIGHT — Are micro condos still #trending? You bet they are! By Lydia McNutt 30 MARKET INSIGHT — Avison Young releases 2017 North America, U.K. and Germany commercial real estate forecast 34 TREB REPORT — Over 5.8 million square feet leased in Q4 2016 38 BUSINESS SAVVY — Strong growth forecast for Canadian family businesses: 89 per cent expect to grow over the next five years 40 BUSINESS BAROMETER — 2016 ends on more optimistic note for small business owners 42 IN THE NEWS — Increasingly confident Canadian businesses boost investment plans for 2017

GLOSSY SECTION EDITORIAL 12G LEGALLY SPEAKING — What is a Minute Book and why do I need one? By Jayson Schwarz 14G IN THE NEWS — First steps to starting a small business By By George Grignano & Will Townsend

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2015-03-19 3:47 PM

3:47 PM

Volume 17 Issue 01

5 Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

www.teammilovick.com

519-745-7000

BROKERAGE INDEPENDENTLY OWNED AND OPERATED

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

Mike Milovick B.B.A., CCIM, Broker mike@teammilovick.com

fax: 519-489-1333

Jennifer Shingler

11298911_0317

Grand Valley Realty

Sales Representative jenn@teammilovick.com

www.TeamMilovick.com

Invest in Ontario’s Number 1 Town Today! Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 8 COLUMBIA STREET WATERLOO

310 KING STREET NORTH, WATERLOO

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

1,799,000

0317_DJW_1_0666

10 YOUNG STREET E, WATERLOO

875,000

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

392 ERB STREET WEST WATERLOO

D L O S 849,900

699,900

379,900

19 12 BRIDGEPORT ROAD E, WATERLOO

229,900

0317_DJW_1_0059

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

• $35,600+ Potential Gross Income Available Here • 6 bedroom suite in all-student complex! • Rental licensed, Class Z6 license - City approved • One year lease in place until end of April, 2017 at $2970 per month • MLS®

42 INVERNESS STREET, STRATFORD

399,900

20 12 BRIDGEPORT ROAD E, WATERLOO

0317_DJW_1_0094

D L O S

• Over $76,000+ gross annual income for a variety of other uses permitted • This five plex, century-old, by the zoning. This building meets apartment building features super the definition of apartment building cash flow with tremendous character and, as such, is not subject to Rental • Current building format has a Licensing 5 bedroom, a 1 bedroom, two 2 • Easy walk to both Universities, new bedrooms, and a 3 bedroom unit. LRT stations 0317_DJW_1_0058 Main floor unit can be re-purposed • MLS®

• Ideal opportunity for entry level investor or option for a parent investor • Three oversized bedrooms with games/media room in basement, onsite laundry and bike storage available. • Parking onsite • Class Z license for 3 bedrooms and is compliant with the City's rental licensing bylaw. • Fully rented at $1500 per month until the end of August 2017! • MLS® 0317_DJW_0009

• Furnished, legal, rental duplex • $3765 gross monthly income available here! • Spacious three and four bedroom units • Detached double car garage may provide additional income opportunities. • MLS® 0317_DJW_1_0069

0317_DJW_1_0020

10 12 BRIDGEPORT ROAD E, WATERLOO

D L O S

309,900

• Own in the popular and historic student loft building Bridgeport Lofts • Students love the proximity to Uptown and all its amenities • Front corner unit facing Regina and right off the main courtyard • MLS®

0317_DJW_2_0060

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24 NOECKER STREET, WATERLOO

349,900

• Over $30,900 projected gross annual income available here! • Building features exceptional annual positive cash flow (over $4200+ with just 20% down) from all five bedrooms. • No condo fees! Leases in place until at least end of April, 2017! • Great character for the discerning investor • Contemporary updates include: newer roof (2013) and vinyl windows. Updated electrical panel (breakers). • All rooms great size, no basement bedrooms. • Easy walk to both Universities (steps to WLU) and Uptown Waterloo • City-Approved rental licensed property with a rare Class D2 license • MLS® 0317_DJW_0010

Commercial Real Estate & Business Opportunities

Volume 17 Issue 01

Kitchener/Waterloo Guelph & Cambridge

FOR SALE

BRAND NEW

0317_DJW_0098

57,700 sf ft Retail Store & Office Plaza Cedar Park Plaza/Simcoe Ontario • Plaza Shovel ready for construction April 2017 • 30 New Retail stores & offices, Hydro Solar panels • Stores sizes 2000, 3000, 4000, 5000, 8000, sq ft up • Prime 5.2 acre site location, plus 260 parking spaces • Asking price $1,990,000 Commercial Builders/Investors your opportunity to build & own this state of the art fantastic plaza. 11305026_0317

Call Ed Bain

416-836-7686

(email) slandcorporation@yahoo.ca inthenews

CFIB LOOKS FORWARD TO WORKING WITH NEW CABINET

he Canadian Federation of Independent Business (CFIB) congratulates the new members of Prime Minister Justin Trudeau’s cabinet, as well as those assuming new roles, and look forward to working with the new ministers on many of the issues affecting Canada’s 2.5 million entrepreneurs. CFIB is pleased to see François-Philippe Champagne become the new Minister of International Trade.“Mr. Champagne has distinguished himself as a strong performer in his role as parliamentary secretary to the Minister of Finance,” said Dan Kelly, president of CFIB. “We are keen to continue working with him to ensure small firms remain a priority as Canada implements and negotiates trade agreements.” CFIB is also pleased to see Chrystia Freeland take on added responsibilities in her new role as Minister of Foreign Affairs.“CFIB has been pleased to support the CETA agreement with Europe and commends Minister Freeland on her work on making this happen,” Kelly added. CFIB will work with the new ministers on matters crucial to small business, including a reduction to the small

business corporate tax rate to nine per cent, extending the Small Business Job Credit beyond 2016 or implementing a permanently lower EI rate for small employers, the proposed Employment Insurance rebate for hiring youth, and an exemption of increases to the CPP rate for the selfemployed, who already pay double the rate of CPP of other Canadians. “We are also looking forward to working closely with Patty Hadju, the new Minister of Labour, and Ahmed Hussen , the new Minister of Immigration and hope to quickly implement the recommendations of the HUMA committee regarding Temporary Foreign Workers,” said Mr. Kelly. CFIB has proposed the TFWP be replaced with a better solution to address permanent labour shortages - an Introduction to Canada Visa which would be a first step toward permanent residency. CFIB wants to acknowledge Minister John McCallum and Stéphane Dion for their service to the country.“We have worked with Mr. McCallum and Mr. Dion for a number of years, even previous to this current government and would like to wish them both well on their future roles,” said Mr. Kelly. CFIB is Canada’s largest association of small and medium-sized businesses with 109,000 members across every sector and region.

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Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 01

11236833_0317

Please say you saw it in The Commercial Investor

Commercial Real Estate & Business Opportunities

Volume 17 Issue 01

Kitchener/Waterloo Guelph & Cambridge

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

508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519-743-5211 e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial OFFICE FOR SALE/LEASE RETAIL FOR SALE/LEASE INVESTMENT FOR SALE COLDWELL BANKER COMMERCIAL e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial

PETER BENNINGER REALTY, BROKERAGE SF∙ $16.95/SF ∙ MLS:30537263 · MLS:30535669 ∙ Kitchener Kitchener 3,566 909 SF · $800/Mth · M U L TSFI ∙‐ $8.00/SF I N D I S T∙ RMLS:30535289 I A L / R E S I ∙D Kitchener ENTIAL 3,687 SF · R E T$775,000 A I L / O F·F IMLS: C E 30533235 1,750 Building, High Visibility, Free on-site parking. Excellent central location, close to public transit. Low Cost Office Space. Gary Boudreau* 10,700 SF · $975,000 MLS:30524415 · Kitchener St Jacobs·Owner/User/Investment Opportunity. New 508 RIVERBEND DRIVE, KITCHENER, ON. F O R Loca�on. S A L E / L ECommercial ASE well appointed space, w/reception area and John Hoffman*/Gary Boudreau* Clean Selling @ 8% return. Small, easy to lease units. High Prole or Phone: 519‐743‐5211 1,413 SF · $12.00/SF · MLS: 30516996 · large kitchen. Roman Ginzburg* Roof renewed. Absentee landlord re�ring a�er Residen�al Uses. James Boudreau** Kitchener · Great for Medical use. SF - 26,000 SF location ∙ From $18.00/SF ∙ MLS: 22,383 SF ∙ 2.69 Ac. ∙ $4,100,000 ∙ Waterloo 752 45 years of ownership. John Hoffman* 909 SF ∙ $800/Mth ∙ MLS:30537263 ∙ Kitchener ∙ Breslau ∙ New Gary Boudreau* e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial 2,025 SF ·office $16.00/SF · MLS: 30518433 Purpose built building, conveniently located at 30529258/30529248/30529120 Retail Development in a growing, underserviced area. Low Cost Office Space. Gary Boudreau* C O M M E R C I A L / R E D I S E N T I A L P ROPERTY Kitchener· Main floor Commercial/Professional a highR profile F· I C$12.00/SF E F O R Net S A site L· E MLS:30524639 /with L E drive-thru A S E is· 1,572 SF E T A I intersection. L F O R S ACurrently L E / L E finished A S E for Variety I N· V$399,000 E S T M E· N T F30516132 O R S A L· EWater‐ 1,114 OSF ofF Uses permitted. Pad MLS: Office Space profile ancorner. professional office on user, high but presents ideal one to two general Kitchener · James Looking Boudreau**/ Gary Boudreau* available. loo Potential use commercial main LEASE floor PROFESSIONAL OFFICE SPACE on FOR John Hoffman* opportunity for medical conversion or complete 909 SF · $800/Mth · Kitchener to take MLS:30537263 · over a medical office of a 1,800 M U L TSFI •‐ $15.00/SF I N D I S T•R MLS# I A L /30543093 R E S I D•Waterloo ENTIAL 3,687 SF · $775,000 · MLS: 30533235 prac��oners w/ residential on 2nd floor or 100% commercial redevelopment for increased density. 1,114 SF ∙ $20.00/SF ∙ MLS: 30523827 ∙ doctor. The office includes 4 fully Good Low Cost Office Space. Gary Boudreau* 10,700 SF · $975,000 MLS:30524415 · Kitchener St Jacobs·Owner/User/Investment Opportunity. Exposure on Erb St. Unit features on site 1,419 / Peter 1,488 Benninger**/Chris SF · $26.00/SF Net re�ring Lester Tobin* Kolednik** ∙ exam Last unit available exposure in parking, equipped rooms, built w/high in recep�on area, Selling @ 8% return. Small, easy to lease units. High Prole Loca�on. · Commercial or Kitchener 4 private offices and large open work or MLS: 30502663/30502665 Kitchener· New 1,413 SF · $12.00/SF · MLS: 30516996 · centrally room locatedand retail plaza. DriveLocated up unit in on busy high classroom R E T A I L space. O R R E D E V E L ORoman P M E NGinzburg* T SITE washrooms. 12,500 SF ∙ 1.18 (+/-) of ∙ $1,350,000 ∙ Waterloo Roof renewed. Absentee landlord re�ring a�er Residen�al Uses. James Boudreau** retail plaza on Ac. corner Fischer Hallman and wai�ng Kitchener Great location for Medical use. rd. in· high density residential area. Traffic 1,586 SF/0.12 Ac.·MLS: 30536613 · $899,000 retail plaza with a Shoppers Drug Mart. Professional office space w/small industrial traffic 45 years of ownership. John Hoffman* Seabrook Dr. High exposure ‐ high traffic. Ample Gary Boudreau* over 40,184 cars. Strong tenant support. 2,025 SF 4· drive-in $16.00/SF MLS: suited 30518433 SF ∙ $21.00/SF ∙ MLS:30543919 ∙ Waterloo Kitchener · Unique High Profile Location. Corner component. doors. · Ideally for an counts Lester Tobin* 800 on site drive‐up parking. Lester Tobin* C O Mbeside M E Rfloor Cfarmers I Aopportunity. L/RED I S E High N T IGreat Atraffic L P Rredevelop‐ OPERTY Drug Mart, Dollarama, Scotiabank, Swiss Rare Kitchener· Main floor Commercial/Professional main intersection engineering firm, laboratory, contractor or similar Shoppers Lot market. 1,114 SF · $12.00/SF Net · MLS:30524639 · 839 SF · $12.00/SF · MLS:KW1537515 · 1,572 SF · $399,000 · MLS: 30516132 · Hwy Water‐ Lester Tobin* Chalet and many more. Office Space on high profile corner. of University & Bridge. Seconds from 85. with a need for storage/service bays. Potential for 1,750 SF· $16.95/SF · MLS:30535669· Kitchener Kitchener · Looking one to two general ment site, parking lot, etc. Lester Tobin* Potential use commercial on Colin main floor John Hoffman* Vogel* conversion to industrial condominium units. Kitchener · Finished office, great for medical & loo New Building, High Visibility, Free on‐site prac��oners to take AVAILABLE over a medical office of a R E T A I L / O F F I C E I N V E S T M E N T F O R S A L E AAA OFFICE SPACE ∙ WATERLOO Peter Benninger**/Chris Kolednik** service use. low common fees, on public transit w/ residential on 2nd floor or 100% commercial parking. ……… John Hoffman*/Gary Boudreau* re�ring The ∙ Beautifully office includes fully 1,413 SF doctor. ∙ $14.50/SF finished,4 ample SFSF ∙ · $12.00/SF ∙ MLS: 30516996 ∙ 10,704 $2,195,000 · MLS:30508545 1,419 / 1,488 SF · $26.00/SF Net 114,033 route, exis�ng tenants include Li�le Short Stop, Lester Tobin* equipped exam rooms, built in recep�on area, Kitchener . James Boudreau** parking, natural light throughout 30,359 SF • 1,363 SF Mezzanine • $3,450,000 • St Jacobs · Excellent for Owner/User. Potential ∙ Great location for Medical use. KW Gaming, Curves, Sco�abank & more. MLS: 30502663/30502665 · Kitchener· New 1,843 ‐ 5,947 SF · $20.00/SF Net · R E T A I L O R R E D E V E L O PGary M E NBoudreau* T SITE room and washrooms. Located in busy for value add. James Boudreau** 2.71 Acplaza .(+/-) • Waterloo • · Professionally finished office Gary Boudreau* retail on corner of Fischer · Hallman and wai�ng MLS:30505595/5597 Kitchener New retail RESTAURANT 1,586 SF/0.12 Ac.·MLS: 30536613 · $899,000 retail plaza with a Shoppers FOR Drug LEASE Mart. space. Unique design with sky-lighted hallway & TURN-KEY Seabrook Dr. High exposure ‐ high traffic. Ample plaza on Huron Rd. with high traffic and AAA OFFICE SF ∙ $3,500/Mth ∙ Kitchener ∙· MLS:30549923 INVESTMENT / OWNER‐USER PROPERTY SPACE AVAILABLE WATERLOO SF ∙ $12.00/SF ∙ MLS:KW1537515∙ Kitchener Kitchener · Unique High Profile Location. Corner Lester Tobin* 839 many skylights throughout. Features an executive 2,040 on site drive‐up parking. Lester Tobin* exposure, ample on‐site drive‐up parking. includes including kitchen hood Finished 4,982 SF ·MLS: · service $1,562,500.00 office, great 30541875 for medical Great & use. low 114,033 SF all · equipment $14.50/SF · MLS:30514878 Lot beside farmers market. redevelop‐ boardroom w/adjoining kitchenette for catering, Rent Lester Tobin* and 839 SF · cooler. $12.00/SF MLS:KW1537515 walk-in Ample·parking just steps away.· common fees, on transit route, existing Three retail units and one 2 bedroom apart‐ Beautifully finished, ample parking, natural light ment site, parking lot, etc. Lester Tobin* many smaller boardrooms/kitchenettes, change 1,750 SF· $16.95/SF · MLS:30535669· Kitchener Kitchener · Finished office, great for medical & Tobin* tenants includeCorner Short property Stop, KWon Gaming, Curves, ment w/loft. new LRT line. James Lester Boudreau** room & ·shower Colin on‐site Vogel*· throughout. New Building, High facilities. Visibility, Free 1,100 SF $5.50/SF · MLS:30518529 R E T A I L /on‐site O F I C Eand I N Vample E S T M Eparking N T FBoudreau* O Rnearby. SALE Gary Scotiabank &Fmore. Parking Peter Benninger**/Chris Kolednik** service use. low common fees, on public transit parking. ……… John Hoffman*/Gary Boudreau* Kitchener High Traffic ‐ High exposure location. 1,900 • $19.25/SF • MLS# 30543088 Lester Tobin* 10,704 SF · $2,195,000 · MLS:30508545 route, exis�ng tenants include Li�le Short Stop, 532 SF ·SF$1,050/mth ·MLS:30526564 · Waterloo On‐site parking available for Tenant. Waterloo • PrimeCurves, retail/Salon space in verymore. busy St Jacobs · Excellent for Owner/User. Potential KW Gaming, Sco�abank Newly renovated, nished office on a & 2nd oor 3,687 SF ∙ $775,000 ∙ MLS: 30533235 ∙ St Jacobs 1,843 ‐ 5,947 SF · $20.00/SF Net · I N D U S T R I A L / W A R E H O U S E Lester Tobin* neighbourhood plaza. Zoning allows many uses, the Boudreau* in well known, award winning building avail. for value add. James Boudreau** Owner/User/Investment Kitchener · High New Profile retail Gary MLS:30505595/5597 · Opportunity. I N D UFSOTRR ILAELA/SWE A Ginzburg* unit set up forLarge a salon. / SRAE LHEO U S E for is sublease. windows, Roman plenty of natural Location. Commercial or Residential plaza SF on Huron SF Rd. with high traffic and AAA 752 ‐ 26,000 · From $18.00/SF · Uses. MLS: OFFICE SPACE AVAILABLE · WATERLOO INVESTMENT / OWNER‐USER PROPERTY FOR LEASE/SALE light. High traffic intersec�on sees almost exposure, ample on‐site James drive‐up parking. 30529258/30529248/30529120 · Boudreau** Breslau · 10,000 SF SF ∙ $1,650,000∙MLS:30527486 ∙ Breslau 4,982 SF ·MLS: 30541875 · $1,562,500.00 114,033 · $14.50/SF · MLS:30514878 40,000 cars daily. 24/7 electronic reader board INDUSTRIAL WAREHOUSE Lester Tobin* Centrally New Retail Development in a growing, LEASE/SALE located office building near Hwy 7 Three retail units and one 2 FOR bedroom apart‐ Beautifully finished, ample parking, natural light 975 SF ∙ $22.00/SF ∙ MLS: 30551900 ∙ Waterloo on University Avenue. Ideal for professional 30,400 SF · 3.09 Acres · $3,400,000 | $10.00/SF underserviced area. Variety of Uses permi�ed. &Fountain. 13,735 SF ∙ $4.95/SF ∙ $890,000 ∙ Cambridge Quick access to K-W, Cambridge and on new LRT line. throughout. James Boudreau** ment w/loft. Corner property Close both· Universities. uses. Can· office or personal services. Colin Vogel* 1,100 to SF $5.50/SF Many · permitted MLS:30518529 MLS: 30525493/30525439 · Cambridge · New ∙ Freestanding facility Pad site with drive‐thru is available. Guelph. New plaza abutting this property being MLS:30530747/30530740 Parking on‐site and ample parking nearby. be combined with unit beside for additional square Kitchener High Traffic ‐ High exposure location. finish to food grade, Centrally insulated panels, Industrial/Warehouse. located some with James Boudreau**/ Gary Boudreau* developed into a community plaza. Owner will also 532 SF · $1,050/mth ·MLS:30526564 · Waterloo Lester Tobin* footage. parking available Chris for Kolednik** Tenant. 3,566 SF · $8.00/SF·MLS:30535289·Kitchener access On‐site spiral 10,400 freezer, 4 docks Room off 2 streets. SF Warehouse, 3,335 to SF consider leasing all,nished or a portion of 2nd the oor bldg. equipment, Newly renovated, office on Lester Tobin* Excellent central location, close Boudreau* to public expand. John Hoffman* 1,114 SF · $20.00/SF · MLS: 30523827 · in Lester Tobin* James Boudreau**/Gary well known, award winning building avail. Office. 2,025 SF ∙ $16.00/SF ∙ MLS: 30518433 ∙Kitchener Clean well appointed space, I N D U S T R I A L / W A R E H O U S E Kitchener · Last unit available w/high exposure transit. Main Office Space on for sublease. Large windows, plenty of natural 6,287 752 floor SF ‐ Commercial/Professional 26,000 SF · From $18.00/SF · MLS: ·MLS:KW1531928 MLS:30533693 ∙ R$7.50/SF 1,114 SF ∙ $12.00/SF MLS:30524639 ∙ Kitchener 4,139 SF SF· $8.95/SF w/reception area ∙intersec�on and large in centrally located retail plaza. Drive up unit on FO L E+ AUtilities S E /∙ S A LE light. High traffic sees kitchen. almost John Hoffman*· high profile corner. 30529258/30529248/30529120 · Breslau Kitchener · +1,634 SF storage @ no charge, M‐2 Rare to find! 2 drive thru truck bays, one 1-2 general practitioners to take over a Kitchener Roman Ginzburg* high traffic rd. in high density residen�al area. Looking 40,000 cars daily. 24/7 electronic reader board New Retail Development in a growing, medical pit. Tool room attached. Abundant yard space Zoning, Great Value. Gary Boudreau* office of a retired doctor. Includes 4 fully with Traffic counts over 40,184 cars. Strong tenant on University Avenue. Ideal for professional 30,400 SF · 3.09 Acres · $3,400,000 | $10.00/SF 7,026 SF ·$12.50/SF · Kitchener underserviced area. Variety Uses permi�ed. 650 SF ∙ $900.00/Mth ∙ MLS:of 30551673 ∙ Baden equipped at extra cost. John Hoffman* exam rooms,MLS:30504305· built in reception area, avail. support. Shoppers Drug Mart, Dollarama, office or personal services. Colin Vogel* MLS: 30525493/30525439 · Cambridge · New SF · $6.50/SF · Kitchener High Visibility, Pad opportunity site with to drive‐thru is business available. Great start your own in New Building, room & washrooms. Located Free in busyon‐site retail 6,996 Sco�abank, Swiss Chalet and many more. waiting finish to SFfood insulated panels, some MLS:30535232 · Excellent location, ∙ grade, $875,000 ∙ central MLS: 30511873 parking.. John Hoffman*/ Gary Boudreau* James Boudreau**/ Gary Boudreau* 2017! In the town of Baden. Variety of permitted plaza Lester Tobin* 16,217 with a Shoppers Drug Mart. Lester Tobin* 3,566 SF · $8.00/SF·MLS:30535289·Kitchener equipment, spiral freezer, 4 docks New ∙ Well locatedClean just warehouse offRoom hwy to 7, uses. Call for More Information! Chris Kolednik** close Hamburg to public transit. Excellent location, close ∙ to public 800 SF $1,050/mth · central $21.00/SF · MLS:30501217 · well SF∙ ∙MLS:30526564 Waterloo expand. John Hoffman* 1,114 SF · $20.00/SF · MLS: 30523827 · 532 building 2 acres land. space, built ample parking, onloading docks, ofloading transit. Clean well office appointed 1,419 / ·1,488 SF ∙· MLS:30525672 $26.00/SF Net· Newly Waterloo · Rare main floor opportunity. Kitchener · Last unit available w/high exposure renovated, finished on 2nd floor space, inHigh well Ceilings 3,200 SF $9.75/SF John Hoffman* from 13’ - 18’ clear. ground level door. Well maintained property SF · $8.95/SF + Utilities · MLS:30533693 w/reception area of and large for& sublease. kitchen. MLS: 30502663/30502665 Kitchener∙ New retail known, traffic award intersection University Bridge. 4,139 in centrally located retail plaza. Drive up unit on winning building avail. Cambridge · Zoning C2, ∙ Ample Free Parking, w/good security. Roman Ginzburg* Kitchener · +1,634 SF storage @ no charge, M‐2 SF ∙ $8.95/SF + Utilities ∙ Kitchener Roman Ginzburg* 4,139 plaza on rd. corner of density Fischer residen�al Hallman area. and Large windows, plenty of natural light. High traffic Seconds from Hwy 85. Colin Vogel* high traffic in high Drive‐Thru. Gary Boudreau** Zoning, Great Value. Gary Boudreau* ∙ +1,634 SF storage @ no charge, M-2 Seabrook Dr. High exposure - high Ample on intersection sees almost 40,000 cars daily. 24/7 MLS:30533693 Traffic counts over 40,184 cars. traffic. Strong tenant 7,026 SF ·$12.50/SF · Tobin* electronic site drive-upShoppers parking. reader board MLS:30504305· on University Ave.Kitchener Ideal for Zoning, Great Value. Gary Boudreau* support. Drug Mart, Lester Dollarama, * Sales Representa�ve 6,996 SF · $6.50/SF · Kitchener New Building, High Visibility, Free on‐site Sco�abank, Swiss Chalet and many more. professional office or personal services. Colin Vogel* MLS:30535232 · Excellent central EXPOSURE location, LIGHT INDUSTRIAL WITH RETAIL 1,843 - 5,947 SF ∙ $20.00/SF ∙ Kitchener parking.. John Hoffman*/ Gary Boudreau* ** Broker Lester Tobin* SF ∙public $5.50/SF ∙ London ∙ MLS: 30544783 SF ∙$12.50/SF ∙ MLS:30504305∙ Kitchener 15,520 close to transit. Clean warehouse MLS:30505595/5597∙New retail plaza on Huron Rd. 7,026 800 SF · $21.00/SF · MLS:30501217 with highloading traffic. docks, Zoning loading permits Building, High Visibility, Free on-site· Corner space, property ample parking, with high traffic and exposure, ample on-site New Waterloo · Rare main floor opportunity. High many 3,200 SF · $9.75/SF · MLS:30525672 uses. Ample on-site parking. Lester Tobin* John Hoffman*/ Gary Boudreau* drive-up parking. Lester Tobin*· parking.. ground level door. Well maintained property Cambridge · Zoning C2, Ample Free Parking, traffic intersection of University & Bridge. w/good security. Roman Ginzburg* * Sales Representative Drive‐Thru. Gary Boudreau** Seconds from Hwy 85. Colin Vogel*

** Broker

* Sales Representa�ve ** Broker 8331512_0317

Please say you saw it in The Commercial Investor

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 01

COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE COLDWELL BANKER COMMERCIAL

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

508 RIVERBEND DRIVE, KITCHENER, ON.

www.coldwellbankerpbr.com/commercial Phone: 519-743-5211 e: commercial@coldwellbankerpbr.com V E L O P M E N T L A N D F O R S A L E 4,437 SF · $499,000 · MLS:30516625 · 10,000‐20,000 SF · $4.41/SF GROSS · D ECOLDWELL BANKER COMMERCIAL Kitchener · MLS: 30512810 · Ceiling height 3 . 5 8 A c r e s · $995,000 · Conestogo Waterloo · Established since 1996 with many PETER BENNINGER REALTY, BROKERAGE throughout Ontario. Family style 13’ clear . Two x 8’ loading doors, 30506497/30506504 ·Backs onto forested area. DEVELOPMENT LAND FOR S A L E locations 10,000-20,000 SF ∙8’ $4.41/SF GROSSdock ∙ Kitchener 4,393 SF ∙ $359,000 ∙ MLS:30546489 ∙ re‐development opportunity. restaurant with liquor license and Excellent conveyor, alarm system, 8 A c . ∙ $875,000 ∙ MLS : 30506497/30506504 MLS: 30512810 ∙elevator, Ceiling height 13’ clear . Two 8’ x 8’ 3 . 5508 RIVERBEND DRIVE, KITCHENER, ON. Kitchener ∙ Established franchise available in surveillance sprinklers, washrooms. Conestogo ∙Backs onto forested area.Excellent re- seating for 148 + 25 on patio. Lester Tobin* loading dock system, doors, conveyor, elevator, alarm James Boudreau** high traffic location with great tenant support. Phone: 519‐743‐5211 Lester Tobin* system, surveillance system, sprinklers, washrooms. Approx. James ·Boudreau** development 160 seats. available. Lester Tobin*· 217 opportunity. Acres · EXCLUSIVE Waterloo 3,500 SF Full · training $279,000 · MLS:30539427 Lester Tobin* Region Currently Being Farmed. Call for info Waterloo · Prime location in Waterloo’s 16,217 SF · $875,000 · MLS: 30511873 6.60 Ac. (+/-) Commercial/Retail e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial ∙ 2.94 Ac. 2,000 SF ∙ $199,000 ∙ MLS:30524701 ∙ Kitchener University District. Liquor license for 15 New Hamburg · Well located just ∙off hwy 7, pkg! Peter Benninger**/Colin Vogel* 9,360 SF ∙ $6.50/SF 30501592 Kitchener (+/-) Residential ∙ $1,000,000 Per Acre E V E L O P M E N T L A N D F O R ∙ Exclusive S A L E people. 4,437 SF · Income/High $499,000 · Sales MLS:30516625 · 10,000‐20,000 SF ∙ MLS: · $4.41/SF GROSS · D Burger kitchen located at high traffic intersection. High and low rent. well building on area. 2 acres land. 3 7,699 built sf 16 dock shipping 1,661 of sf office Tremendous on major· arterial road. Waterloo · . 5 8 DENSITY A c r Opportunity e s MIXED · $995,000 Conestogo Established since 1996 with many 50 seats. No Franchise. Lester Tobin* Kitchener · MLS: 30512810 · Ceiling height HIGH USE DEVELOPMENT Lester Tobin* Ceilings from 13’ ‐ 18’ clear. John Hoffman* w/drivers area, new doors, bright space! Considerable exposure along Ottawa St. Concepts 30506497/30506504 ·Backs onto forested area. 3.25 Acres · $4,250,000 locations throughout Ontario. Family style 13’ clear . Two 8’ x 8’ loading dock doors, John Hoffman* for res portion incl. 140 stacked townopportunity. homes or a restaurant 3,500WASH SF ∙ $279,000 MLS:30539427∙Waterloo CAR BUSINESS FOR SALE · EXCLUSIVE re‐development with ∙ liquor license and INDUSTRIAL FOR LEASE/SALE conveyor, WAREHOUSE elevator, alarm system, Excellent 134 unit EXCLUSIVE · Kitchener · Frontage on retirement homes or a 134 unit Brantford Prime location in service, Waterloo’s University District. · Full fully automated car James Boudreau** seating for 148 + 25 on patio. Lester Tobin* 13,735 SF ∙· 3.09 $4.95/SF $890,000 washrooms. · |Cambridge 30,400 SF Ac. ∙· $3,400,000 $10.00/SF 2 surveillance system, sprinklers, major streets at the gateway to downtown Peter Benninger** Liquor license for 15 people. High Income/High retirement facility. MLS:30530747/30530740·Freestanding MLS: 30525493/30525439 ∙ Cambridge ∙ Newfacility finish Kitchener. Excellent access to Hwy 401 via wash in major traffic area. Lester Tobin* Lester Tobin* Approx. 217 Acres · EXCLUSIVE · Waterloo 3,500 SF low · rent. $279,000 · MLS:30539427 Sales and Lester Tobin*· Industrial/Warehouse. to food grade, insulated Centrally panels, located some with Hwy Directly on proposed rail for transit HIGH 8 DENSITY MIXED USE light DEVELOPMENT Region Currently Being Farmed. Call info Waterloo RESTAURANT PROPERTY · Prime WITH location in Waterloo’s 16,217 SF · $875,000 · MLS: 30511873 equipment, spiral freezer, 4 docks Room to route. access off 2 streets. 10,400 SF Warehouse, Peter ∙Benninger**/Colin 3.25 Ac ∙ $4,250,000 EXCLUSIVE ∙ KitchenerVogel* Front- University 2,700 SF · $575,000 · MLS:30540165 · District. Liquor license for 15 New Hamburg · Well located John just off hwy 7, pkg! Peter Benninger**/Colin Vogel* age on 2 major streets at the gateway to downtown CAR WASH BUSINESS FOR SALE ∙ EXCLUSIVE expand. Hoffman* 3,335 SF Office. Lester Tobin* · Income/High Family restaurant on main people. and low rent. BrantfordHigh ∙ Full service,style fully Sales automated car wash A N D & B U I L D I N G S ‐ I N V E S T M E N T O F F I C E Waterloo well built building on 2 acres of land. LKitchener. Excellent access USE to Hwy 401 via Hwy 8 DENSITY DEVELOPMENT floor, 2 bedroom apartment on Lester second Tobin* floor. Lester Tobin* 6,287 SF · $7.50/SF · MLS:KW1531928 · HIGH 12,853 · MIXED $2,100,000 · Kitchener Ceilings from 13’ ‐ 18’ clear. John Hoffman* Directly onSF 3.25 proposed light rail route. in major traffic area. I N V· E SRare T Mto E Nfind! T F 2 O drive R S Athru L E truck MLS# Acres · transit $4,250,000 Kitchener 30503036 · Multi‐tenant office 38 seats, new plumbing, wiring and roof. Peter Benninger**/Colin Vogel* CAR WASH BUSINESS FOR SALE · EXCLUSIVE INDUSTRIAL WAREHOUSE Tobin*∙ 1,549 SF ∙ $139,000 ∙ MLS:30514064 bays, one with pit. Tool FOR room LEASE/SALE attached. building. EXCLUSIVE · Kitchener · Frontage on Centrally located. Zoning & Lester Brantford automated car 13,735 SF · yard $4.95/SF Cambridge 2 major streets at the gateway to ∙ downtown MLS: 30552610 ∙ $ 4· , $890,000 2avail. 5 0 , 0 0at 0 · extra ∙ Listowel Waterloo ∙· Full Take service, out and fully delivery chicken wing Abundant space cost. property for many uses. Approx. 217 suitable Acres ∙ EXCLUSIVE Waterloo wash in major traffic area. Lester Tobin* 1,549 SF · $139,000 · MLS:30514064 · MLS:30530747/30530740·Freestanding facility Kitchener. Excellent access to Hwy 401 via Located in South Western Ontario, this European franchise located in Waterloo’s University John Hoffman* James Boudreau** Region ∙ Currently Being Farmed. Call for info pkg! Waterloo · Take out and delivery chicken wing owned Industrial/Warehouse. Centrally located 8 Directly Peter on proposed light rail Vogel* transit RESTAURANT motel for the last 30+ years offers with four Hwy District. Full training provided. Lester Tobin* Benninger**/Colin 9,360 SF · $6.50/SF · MLS: 30501592 · franchise located in WITH Waterloo’s PROPERTY University access off 2 streets. 10,400 SF Warehouse, seasons of business with consistent income year route. · Peter Benninger**/Colin Vogel* 2,700 8.28 Acres $1,558,000 · MLS: KW1522201 SF · $575,000 · MLS:30540165 · District. Full training provided. Lester Tobin* Kitchener · 7,699 sf 16 dock shipping area. 3,335 SF Office. Lester Tobin* round. Call for more details! Chris Kolednik** Cambridge · Fantastic EXCLUSIVE location to ∙ build up to Waterloo · Family style restaurant on main 66.58 Ac.∙ $2,200,000∙ Cambridge 1,661 sf office w/drivers area, new doors, L A N D & B U I L D I N G S ‐ INVESTMENT OFFICE 64,207 sq. ft. in 2 buildings. uses within Under consideration to change Many OP designation to 6,287 SF · $7.50/SF · MLS:KW1531928 · 12,853 COMMERCIAL INVESTMENT/RE-DEVELOPMENT SF · $2,100,000 · Kitchener floor, 2 bedroom apartment on second floor. bright, well windowed. John Hoffman* M3 zoning. In a park setting. John Hoffman* 38 For industrial. Peter Benninger** Real and Estate seats, Commercial new plumbing, wiring roof. Land: .1452· Ac. Buildings: SF thru ∙ Kitchener Kitchener Rare to find! 4,685 2 drive truck MLS# 30503036 · Multi‐tenant office 6,994 30534032 SF ·Kitchener Tobin* Solutions in Canada's Real Technology MLS: $1,200,000 ∙A bundle of 3 building. Centrally located. Zoning & Lester bays, one ·$6.00/SF·MLS:30506432 with ∙ pit. Tool room attached. For Commercial Estate 66.58 Ac. · $2,200,000 · EXCLUSIVE Clean space, good mix as of office space w/light properties being sold one at in Kitchener’s Triangle, contact any one of our sales Abundant yard space avail. extra cost. property B U Ssuitable I N E S S Ffor O R Smany A L E uses. Solutions in Canada's Technology · Cambridge · Under consideration to change OP 1,549 SF · $139,000 · MLS:30514064 manufacturing and assembly space. Easy access Downtown Core. Current Net Income: $ 72,391.00 James John Hoffman* representatives, one of or our sales call Boudreau** designation to industrial. Peter Benninger** Waterloo · Triangle, contact any Take out and delivery chicken wing to expressway. Roman Ginzburg* Call for details! Lester Tobin* 519‐743‐5211. 2,200 SF ∙ $89,000 ∙ MLS:30551440∙ Waterloo representatives, call 519-743-5211. 9,360 SF · $6.50/SF located in orWaterloo’s University · MLS: 30501592 · 8.28 Acres · $1,558,000 · MLS: KW1522201 franchise 7.4 Acres since · 1985, EXCLUSIVE · Waterloo Established located in uptown core steps Kitchener shipping R E T A I L · O7,699 R R Esf D E16 V Edock LOPM E N T Sarea. I T E Cambridge SALES REPRESENTATIVES: · Fantastic location to build up to District. Full training provided. Lester Tobin* Large from scale parking redevelopment opportunity with away and new LRT station. Liquor LAN D F O R30547706 Sarea, A L Enew ∙ $899,000 SALES REPRESENTATIVES: 1,586 Ac.∙MLS: 1,661 SF/0.12 sf office w/drivers doors, 64,207 sq. ft. in 2 buildings. Many uses within current annual income over $800 Lester k. Close to license. Tobin* Peter Benninger** · ext. 3000 Kitchener ∙ Unique High Profile Location. Corner Lot M3 bright, well windowed. John Hoffman* zoning. In a park setting. John Hoffman* For Commercial Real Estate Peter Benninger** ∙ ext. 3000 beside farmers market. Great redevelopment site, both Universities. Bill Halpenny* Gary Boudreau * · ext. 3029 20,000 SF,5.41 Acres · $1,400,000· 6,994 SF ·$6.00/SF·MLS:30506432 ·Kitchener 4,437 SF ∙ $450,000 ∙ MLS: 30516625 ∙ Waterloo Solutions in Canada's Technology Lester Tobin* 66.58 Ac. · $2,200,000 · EXCLUSIVE parking lot, etc. MLS: space, 30511105 St Thomas · Residential Gary Boudreau * ∙ ext. 3029 Clean good mix of office space w/light Established since 1996, many locations throughout James Boudreau ** · ext. 3020 Triangle, contact any one of our sales Cambridge · Under consideration to change OP Re‐Development Site. Former school Ontario. B U S Istyle N E Srestaurant S F O R with S Aliquor L E license Family manufacturing and assembly space. Easy access INVESTMENT / OWNER-USER PROPERTY representatives, · ext. 3037 or call Mike Flynn * designation to industrial. Peter Benninger** James Boudreau ** ∙ ext. 3020 surrounded by existing single family homes. and seating for 160 + 50 on patio. Lester Tobin* to expressway. Roman Ginzburg* 4,982 SF ∙ $1,562,500∙ Waterloo∙ MLS: 30541875 519‐743‐5211. Property subject to re‐zoning for 30 single lots · ext. 3103 Roman Ginzburg* Three retail units & one 2 bedroom apartment Chris Kolednik ** ∙ ext. 3020 F·O RWaterloo S7.4 E A FAcres O SF O D · · R$199,000 E S TEXCLUSIVE A U R A· N TMLS:30524701 S A L E· & one 4 unit townhome lot. Lester Tobin* w/loft. Corner property on new LRT line. Parking 2,000 SALES REPRESENTATIVES: John Hoffman * · ext. 3040 Large scale redevelopment opportunity with L A Nparking D F Onearby. R S A L ELester Tobin* Kitchener 2,419 SF ∙$550,000 ∙MLS: 30539874 ∙ Kitchener · Burger kitchen located at high on-site and ample Mike Flynn * ∙ ext. 3037 current intersection. annual income over $800 Close 20 to Peter Benninger** · ext. 3000 6.60 Acres (+/‐) Commercial/Retail · 2.94 Acres Profitable business. Sellers retiring after traffic 50 seats. No k. Franchise. Bill Halpenny * · ext. 3120 both Universities. Bill Halpenny* Tobin* successful years! All equipment included. Lease is (+/‐) Per Acre Lester Roman Ginzburg* ∙ ext. 3103 Gary Boudreau * · ext. 3029 20,000 Residential SF,5.41 R. Blake Hull* · ext. 3032 L A N D · FAcres O$1,000,000 R S A· L E $1,400,000· · Tremendous Opportunity on major renewable. Gary Boudreau*/ James Boudreau** Exclusive MLS: 30511105 St Thomas · Residential James Boudreau ** · ext. 3020 Eric Reiner* · ext. 2099 John Hoffman * ∙ ext. 3040 arterial road. Considerable exposure school along 1,800 SF · $149,000 · MLS:30518173 Re‐Development Site. Former B · U SNick I N E& S Nat’s S F OUptown R S A L21. E A well Waterloo Ottawa St. Concepts for res portion incl. 140 RESTAURANT WITH PROPERTY Mike Flynn * · ext. 3037 Lester Tobin* · ext. 3023 7.4 Acres ∙ EXCLUSIVE ∙ Waterloo surrounded by existing single family homes. Bill Halpenny * ∙ ext. 3120 established and highly respected full service stacked town redevelopment homes or a 134 opportunity unit retirement Large scale with 2,700 SF ∙ $575,000 ∙MLS:30540165 ∙ Waterloo Property subject to re‐zoning for 30 single lots Roman Ginzburg* · ext. 3103 Colin Vogel* · ext. 3110 fine/casual dining restaurant located in homes or a 134 unit retirement facility. Family SF style· restaurant main floor, 2· current annual income over $800 k. Close to both 2,000 $199,000 · onMLS:30524701 & one 4 unit townhome lot. Lester Tobin* Eric Reiner* ∙ ext. 2099 Waterloo’s uptown. Lester Tobin* John Hoffman * · ext. 3040 Harmony Voisin* · ext. 3117 Peter Benninger** bedroom apartment on kitchen second located floor. 38at seats, Bill Halpenny* Kitchener · Burger high Universities. new plumbing, wiring 50 and seats. roof. No Lester Tobin* Lester Tobin* ∙ ext. 3023 6.60 Acres (+/‐) Commercial/Retail · 2.94 Acres traffic intersection. Franchise. Bill Halpenny * · ext. 3120 20,000 Residential SF, 5.41 Ac ·∙ $1,400,000 Thomas * Sales Representa�ve Tobin* (+/‐) $1,000,000 ∙ St Per Acre Lester 2,548 SF ∙ $249,000 ∙ MLS:30545077∙ Kitchener R. Blake Hull* · ext. 3032 Colin Vogel* ∙ ext. 3110 MLS:30511105 ∙ Residential re-Development Site. · Tremendous Opportunity on major Exclusive ** Broker Elegant casual in Kitchener’s Former school by existing single family SF · restaurant $149,000 located · MLS:30518173 Eric Reiner* · ext. 2099 arterial road. surrounded Considerable exposure along 1,800 Harmony Voisin* ∙ ext. 3117 Sportsworld Crossing. High traffic, high homes. Property subject to re-zoning for 30 single Waterloo 21. A well Ottawa St. Concepts for res portion incl. 140 exposure. · Nick & Nat’s Uptown Lester Tobin* · ext. 3023 Lester Tobin* Lester Tobin* lots & 1 (4 unit) townhome lot. highly respected full service established and stacked town homes or a 134 unit retirement Colin Vogel* · ext. 3110 homes or a 134 unit retirement facility. fine/casual dining restaurant located in * Sales Representative Harmony Voisin* · ext. 3117 Peter Benninger** Waterloo’s uptown. Lester Tobin*

e: commercial@coldwellbankerpbr.com

www.coldwellbankerpbr.com/commercial

** Broker

* Sales Representa�ve ** Broker 8171433_0317

Please say you saw it in The Commercial Investor

Volume 17 Issue 01

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

519.742.7000 www.coupalmarkou.com

SALE

48 KING STREET EAST, COLBORNE

SALE

• Exceptional restaurant/pizza business • Building and business included • 2,100 sq. ft. • $579,900

SALE

• Rare 0.34 acre re-development site • High profile frontage on King St E & Charles St E • Located close to Downtown Kitchener • $799,000 MLS

0317_DJW_2_0061

1750 ERB'S ROAD, ST AGATHA

MLS

SALE

138 BLEAMS ROAD, KITCHENER

0317_DJW_2_0051

MLS

1677 - 1687 SYNDER'S ROAD EAST, PETERSBURG

• Restaurant and living/rental accomodations • Approximately 100 parking spots • 18,500 sq ft on 3.01 acres • $1,595,000

1015-1051 KING STREET EAST, KITCHENER

• Rare 1.19 acre re-development site • High profile corner at King Street East & Ottawa Street South • 25,250 sq ft • $2,295,000 0317_DJW_3_0058

SALE

1677 SYNDERS ROAD EAST, PETERSBURG

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

0317_DJW_3_0060

SALE

41-45 KING STREET WEST, KITCHENER

• Investment Opportunity • Historically designated, beautifully restored & appointed building • 12,596 sq ft • $2,149,500 MLS

0317_DJW_1_0015

SALE

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

MLS

0317_DJW_3_0033

SALE

• Investment Opportunity • Well established profitable restaurant & property for sale • 6,500 sq. ft on 1 acre • $1,195,000 0317_DJW_0019

1001-1007 KING STREET EAST, KITCHENER

MLS

0317_DJW_2_0016

SALE

ELMIRA, ONTARIO

• Investment Opportunity • Office/Retail strip plaza just 20 minutes from Waterloo • High vehicle traffic exposure • 16,000+ sq ft • 2.46 acres • $3,100,000

MLS

Christopher Coupal

John Markou

Theo Papadopoulos

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

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

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

EXCLUSIVE

CONNECT

11289418_0317

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

Commercial Real Estate & Business Opportunities

519.742.7000 www.coupalmarkou.com

SALE

KITCHENER, ONTARIO

LEASE

• Investment Opportunity • Well established licensed family restaurant • Operating for 15+ years with over $1M in sales • High vehicle traffic plaza location • $349,000 MLS

LEASE

535 BELMONT AVENUE WEST, KITCHENER

• Office Space in quaint medical building in Belmont Village • Main floor space • 1,008 and 1,200 sq ft • $11.00/sq. ft. Net

LEASE

#2 - 373 BRIDGE ST W, KITCHENER

LEASE

94 WELLINGTON ROAD 6, ELORA

370 EASTBRIDGE BLVD. WATERLOO

0317_DJW_1_0065

#6 - 347 ERB STREET WEST, WATERLOO

• High profile plaza front Erb Street West • Ample on-site parking • 1,140 sq ft • $19.95/sq ft Net MLS

0317_DJW_2_0017

LEASE

324 HIGHLAND ROAD WEST, KITCHENER

• High traffic corner with great street exposure • Thriving area of Kitchener • Units from 1,641 - 2,425 sq ft • Lease rates from $24.00 - $26.00/sq ft Net

• Clean plaza in the East End of Waterloo • Busy location with great exposure on Bridge Street West & Eastbridge Boulevard • 795 - 2740 sq ft • $20.50/sq ft Net MLS

MLS

0317_DJW_1_0049

LEASE

MLS

0317_DJW_1_0050

25 INDUSTRIAL DRIVE, ELMIRA

LEASE

• Busy office/retail plaza in Elmira, just minutes from North Waterloo • Zoning allows multiple uses • 1,750 - 3,099 sq. ft. • $9.00 - $20.00/sq. ft.

EXCLUSIVE

0317_DJW_1_0051

LEASE

• Retail unit with excellent visibility fronting Bridge St W • High vehicle and pedestrian traffic • 1,115 sq ft • $20.00/sq ft Net 0317_DJW_0021

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

• New Commercial Development • Ideal for financial services, restaurant or retail users • 4,000 - 17,970 sq. ft. • $14.00 - $25.00/ sq. ft. MLS

0317_DJW_1_0022

120-122 KING STREET NORTH, WATERLOO

MLS

0317_DJW_1_0018

Christopher Coupal

John Markou

Theo Papadopoulos

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

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

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

CONNECT

11287245_0317

Please say you saw it in The Commercial Investor

Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 01

SOUTHWESTERN ONTARIO

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SOUTHWESTERN ONTARIO SECTION COVERING: Brantford Chatham Grey & Bruce Counties

Ingersoll London Owen Sound Sarnia Simcoe Stratford

St. Thomas Tillsonburg Windsor Woodstock

For advertising

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

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

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Commercial Real Estate & Business Opportunities

George Gicopoulos Sales Representative Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepagecommercial.com www.geor gegicopou los.com

*Independently Owned and Operated

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Royal LePage Triland Realty, Brokerage*

FOR SALE PROPERTY WITH RESTAURANT - LONDON

9,0

4 1,3

Property and business without franchise continuation of the same operation or convert to your concept. Great opportunity for the entrepreneur/investor. Main floor Union Burger operating for a couple of years with good sales fully equipped. Upper levels gutted & ready for development as four 2 bedroom apartments or a possibility of five units subject to city approvals. New 2 (years old) roof, plumbing, electrical, windows, furnaces, A/C etc. Great property in the most desirable commercial part of downtown London. 0317_DJW_0031

FOR SALE PROPERTY WITH RESTAURANT - GODERICH

,0 0

9 79

Location location location! Great opportunity to own a 3 year old building with a restaurant business fully equipped new equipment 3 years ago. Located in the most prominent intersection of Goderich including the chattels of Burger 33. Option to continue the same operation or change the concept to whatever you wish (name not included). Signage and visibility second to none. Business only also for sale price and lease term to be negotiated. 0317_DJW_0032

FOR LEASE - RESTAURANT - KINCARDINE

Great opportunity for the restaurateur. Fully equipped restaurant in excellent condition. Located in the Town of Kincardine on the shores of Lake Huron and near the Bruce Nuclear Power Plant. Free standing building of about 4,560 SF with great signage and visibility. Assume existing lease for approximately 9 years with two five year renewal options. Rental includes all the equipment. Truly an opportunity like no other! Net rent about $15.00/sqft.

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WORTLEY VILLAGE FINE DINING

N LO

One of the best fine dining establishments in the City of London. A popular and award winning food and wine bar won Best Food at the London Food and Wine Show twice. Located in the heart of London's most famous and desirable Old South Neighborhood. 28 seats inside plus 18 seat open patio which is on the main street with high visibility. Great sales that could be increased with a hands on owner operator. Fully equipped and in excellent condition. Very reasonable rent. 0317_DJW_0035

RESTAURANT $245,000

TH HA

About 7,0000 sq ft main floor restaurant operated by the same owner for the past 8 years. Licensed for a total of 285 inside and 85 on the two patios. Price for the business is way below replacement cost. This upscale restaurant with plenty of on site parking is in top condition, fully equipped and ready for your inspection or concept. Property with 6,000 sq ft second floor. Government offices also for sale. Call for details.

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Please say you saw it in The Commercial Investor

Southwest Ontario

Volume 17 Issue 01

Commercial Real Estate & Business Opportunities

1.3 ACRES OFFICE & SHOP

Cell

Southwest Ontario

519-755-0830 Office

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CELL Tower Income & 3 INCOME Units Possible

519-752-9664

michaelhurley@rogers.com www.hurleyrealestate.ca

Michael Hurley BROKER/OWNER

$675,000

2123 & 2127 JETSTREAM ROAD, LONDON, ON

ASKING PRICE $2,195,000

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24 unit residential apartment building. 17 - 1 bedrooms, 6 - 2 bedrooms, 1 bachelor. Professionally maintained building and renovated apartments. Newer stainless steel ultra high efficient boiler. Roof 2008. All new windows and doors. Updated LED lighting throughout every apartment and hallways. Mostly new kitchen cupboards. Mostly new flooring in every apt (no carpet). Gross Income over $200,000 yearly Net Income over $120,000 yearly. Mortgage rates are at all times lows - but not for long. Call or email for additional info.

Free standing office building with illuminated sign; fenced compound lot with gravel base approx. 0.88 acres; rear shop; near to airport. The Office spaces features include: 1207 sq ft: Finished freshly painted office space with boardroom area; 607 sq. ft: Three Separate Industrial Office Spaces with open storage areas; 419 sq ft: Storage Areas - some with built-in shelving & 106 sq ft Utility areas. The office area has high efficiency gas heating with Central Air; energy efficient lighting; alarm system; kitchenette & 2 bathrooms. The 2000 sq ft Shop at rear of building has 18' ceilings and two 14' overhead doors; alarmed & radiant heat. Front, middle & rear sections all have their own entry & alarms; each could be easily leased as 3 separate units generating income for the new owner! The gravel base land adjacent to the building is completely fenced; in a separate enclosure there is a Cell Tower with a Lease income of $1318.33/month with SBA Canada increase in income is possible. All measurements approx. Land dimensions to be verified. Phase I & Phase II Environmental Reports Available; the owner/vendor is a licensed real estate agent. 11306812_0317

GREG BROPHEY - Sales Representative

Sutton Group Preferred Realty Inc., Brokerage 519-438-2222

Direct:

519.521.8113 gbrophey@sutton.com

moneysense

Have an investment? HERE ARE 3 THINGS YOU NEED TO KNOW Star Wars, but the new information it brings will make you a smarter investor. Phased in over three years, the most important CRM2 requirements come into effect this summer. Silvio Stroescu, vice president of deposits and investments at Tangerine outlines three things you should know about the changes:

f you’re like many investors, you may not know exactly what you’re paying for your financial investments or how your investment dealers are compensated for their services. Fortunately, there are new regulations being rolled out over a three-year period designed to bring more transparency to the industry.

CA new series of investment reforms are being phased in by Canadian investment regulators to improve transparency and disclosure. Called the Client Relationship Model — Phase 2 or CRM2, the reforms sound like a character out of the latest

1. You’ll know the exact dollar amounts you’re paying to your investment dealer. Once a year, your investment dealer will send you a report summarizing compensation earned such as trailing commission(s), in actual dollars, as well other earnings such as deferred sales charges or referral fees. This report will also provide a summary of other account charges like annual administration and transaction fees. 2. You’ll get a more complete picture of your return on investment. Annually, you’ll receive a report that provides your personal portfolio performance for the previous year and since opening your account. Previously, firms only had to disclose the rate of return for the fund overall. This additional information will tell you if you’re making money so you can ensure your investments are aligned with your longterm goals. 3. You may not see this information right away. It’s important to remember that although the new requirements described above came into effect July 15, 2016, most firms provide information on a calendar year basis. This means most investors will just now start getting their reports in early 2017. Learn more about how CRM2 affects Canadian investors at www.tangerine.ca/ forwardthinking/investing/what-is-crm-2. – NC

Please say you saw it in The Commercial Investor

Commercial Real Estate & Business Opportunities

RENATE SIEBERSCHLEGEL

Land Exchange Ltd. Brokerage Independently Owned and Operated

Broker of Record Cell:519-531-1177

262 Josephine St., Wingham www.remaxlandexchange.ca Office: 519-357-3332

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95 SOUTHAMPTON STREET, DUNGANNON - PRICE: $599,000

Incredible value for this residentail/commercial property consisting of: Custom executive Bungalow with a gorgeous gourmet ash kitchen in open concept kitchen/living room/ dining room - designed for families today and tomorrow. Lots of features e.g. several bay windows, 5-pc. ensuite incl. Jacuzzi tub off the master bedroom, large family room with in-floor heating in lower floor, straight walk-out from lower floor, double car garage, intercom from residence to shed, 12,000 sq. ft. multi-use shed with several overhead doors, partial in-floor heating, pre-wired for 650 watt back-up generator, currently used for short tem storage of RV's, boats, cars, lumber. 5116_DJW_0031 5116_DJW_0032

80237 BLUEWATER HWY

Prime 48 acre development site. Commercial/ Residential on Hwy 21 in Goderich across from Suncoast Mall and Industrial Park. Environmental Study available. Call for more information.

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royal lepage BranT realTy inc. Brokerage

Jason TBROKERAGE angorra REAL ESTATE Broker/owner

(519)

209-1543

sales represenTaTive

519-759-6800

(519)

771-8577

3-128 NELSON $639,000

Located in the Heart of downtown, next door to University Lecture Halls. Two floors of 2400 sq. ft. of upgraded space. A deal for office, restaurant, retail or other endless possibilities.

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44 MARKET 0317_DJW_0014

John Dignan

Apartment Building Buyer Wanted, Call Jason @ 519-209-1543

$9.75 SQ. FT. Multi use 1500 sq. ft. unit available immediately! Downtown area, near university with great exposure, plenty of parking on a high traffic street.

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

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

34 WELLINGTON ST. 0317_DJW_2_0014

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16 A MARKET ST., BRANTFORD

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1C - 3 ELM ST., PARIS

One of Ontario's premier investment cities. This property is located in the heart of downtown, boasting approx. 16 parking spaces (subject to verification) Popular uses are apartment dwellings, offices, medical clinics and restaurants. Rent to students in the approx. 1500 sq. ft. on the second floor and run your business in the approx. 2000 sq. ft. on the main floor to be sold with property - 63 Queen St. Brantford MLS 30540171 (price reflects both properties).

Please say you saw it in The Commercial Investor

Southwest Ontario

Volume 17 Issue 01

marketinsight

Are micro condos still #trending? You bet they are! By Lydia McNutt

re micro condos still a thing, or a thing of the past? Well, if you’ve been keeping up on real estate prices in Canada, then you already know why condo is king. But the real question is, how “big” is micro living? Housing costs continue to soar in Toronto and Vancouver, Canada’s priciest real estate markets – in spite of provincial and federal action to slow housing activity. This has left many hopeful homebuyers priced out of an average detached home. Even larger condo units are picking up speed in price and popularity. HOUSING COSTS RISING, LOWRISE CONSTRUCTION FALLING, AND THE COME-BACK OF CONDOS

According to ReMax, 2016 saw the average home price (across all housing types) increase 17 per cent in the GTA to $725,857, and 13 per cent in Greater Vancouver to $1.02 million. The average detached home in these markets is well over a million. Those numbers are only expected to climb in 2017, although at a slower pace. What’s falling, is the number of new single-detached homes being built in Canada, which have been trending downward since 2009 according to Canada Mortgage and Housing Corp. (CMHC). High demand coupled with

low supply leads to rising costs.

LESS HOME, LESS COST

CMHC predicts condo construction starts to drop in 2017, due to an increase in completed and unsold condo units in 2016, and a smaller pool of first-time homebuyers – a result of more stringent mortgage lending rules. But looking ahead to 2018, the national housing agency calls for a rebound in condo construction starts, thanks to growing demand for this more affordable housing option.

According to Barbara Lawlor, president and CEO of Baker Real Estate Inc., condos will always be a hot item in expensive housing markets like Toronto and Vancouver – all sizes and configurations, but particularly micro condos, thanks to their micro price. Lawlor points out that Canada is fairly new to micro condos. “In places like Hong Kong, Japan and Europe, developers have been offering micro

agrees that the rise of micro condos is a direct response to affordability issues, and it has led to a new way of life. “It’s basically about redesigning the elements in our condos to make sure they are highly efficiently designed, in order to make small spaces work as best they can, allowing them to feel and function like larger spaces. The goal is to deliver super-efficient spaces at an affordable price.” Wex adds, “you can see all elements around us changing to suit this new reality.” FROM YOUR FOUR WALLS TO WHAT’S BETWEEN THEM, SMALL IS HERE TO STAY Jane Lockhart, principal of Jane Lockhart Interior Design, has branched off in this micro direction as well, with her own line of Jane by Jane Lockhart condo furnishings. So, how does designing “small but sweet” differ from the old mantra of “bigger is better”? condos for many years. In addition, some cities in the U.S. including San Francisco, Boston, Washington and Austin are home to numerous micro suites. I saw online that in Seattle, there is a 90-sq.-ft. micro condo, which makes 300 sq. ft. sound pretty spacious.” THE NEW NORMAL Whether by choice or by force, Millennials have adopted a prevailing “less-is-more” lifestyle. “Today’s young people are used to a more minimal

existence than their parents and grandparents, and new immigrants are used to compact apartment-style living,” Lawlor notes. The result is smaller vehicles parked in the smaller parking spaces of smaller homes. On a grander scale, it’s a shift in thinking by endusers and developers alike. Developer Urban Capital launched downtown Toronto’s first micro condo, Smart House, a few years back, with great success. Urban Capital’s David Wex

“One word: multifunction,” Lockhart says. Like the homes themselves, Lockhart says, echoing Wex’s sentiments, “Furniture in small spaces can serve more than one purpose. Benches, ottomans, even chaises can be adapted to hold storage; chairs can become single beds. Reconfiguring and readapting to serve more than one function is the way of the future.” Whether we’re talking tiny homes, or the miniature tables and chairs to fill them, looks like micro living is here to stay.

HAMILTON

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

HAMILTON SECTION COVERING:

Grimsby Hamilton Haldimand Stoney Ancaster Caledonia Cayuga Creek Dundas Dunnville

For advertising

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

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

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Volume 17 Issue 01

Commercial Real Estate & Business Opportunities

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RE/MAX Escarpment Realty Inc Brokerage

3097 HOMESTEAD DRIVE, MOUNT HOPE $3,000,000

11.9 ac Dvlpmnt Opprtnty on Prime crnr lot w/3 rd frntgs! Zoned "DD" & designated "District Commercial" under Mt. Hope Secondary Plan which allows for commrcl & possibly mixed use rsdntl. Hwy exposure & close to Hmltn Airport, QEW & 403. Buyer to complete all due diligence. Development incentives from the City! Call LA for more info. 0317_DJW_1_0062

4011 HWY 6, HAGERSVILLE $1,590,000

Valuable 10.06ac comm. prop in E. Hagersville. 60-90 mins S. of Toronto. Incs 3 bldngs - Bldng #1 - 14,000sf w/20 offices, 5 baths, 3 kitch, 3 sep. security zones, incs 4000sf htd warehouse. Bldng #2 - 9400sf, 7 bays, UL offices, rented to quality tenant. Bldng # 3 - 1800sf + 1300sf lean to. Huge pvd lot. Enviro reports avail. Zoned MG. 0317_DJW_2_0036

4 FIELD RD, NANTICOKE $729,900

2.87ac prprty loc.in Nanticoke's Indstrl Park-mins to US Steel+Esso Refinery-45 mins/Hamilton.Incs 2002 blt 5500sf insltd bldng w/in-flr heat, 17' ceilngs, 6 overhead drs,1100sf offc, secured cmpnd, 600 amp, vhcle hoists. Ideal satellite trucking/manufacture depot. Impossible to replicate at this price. Zoned MH-2 0317_DJW_1_8002

289 BROOKLIN RD, NANTICOKE - $699,000

UNIT 1, 2 OR 3 - 26 MAIN ST N, HAGERSVILLE - $14.00 PER SQFT

33 MAIN ST N, WATERFORD - $399,000

Clean 47.5ac turn-key dairy goat farm loc. in SW/Haldimand Cnty - 45 mns/Hamilton. Incs 15 yr 1344 sf, 3 bdrm bungalow + 1344 sf unfin. bsmnt, 80x152 stl cld ins. dairy barn (2002) w/ 30x30 milking parlour, 40x104 sf stl cld imp. shed (2007), 40ac workable (hay), pond in-take/well. Goats sold separately.

Ideal commercial loc w/ample prkng. 3 spcs avlbl inc spc 1 of 2589 sqft & space 2 of 1227 sqft immed adjacent to spc 1 & can be joined to total 3816 sqft. Spc 3 is 810 sqft. 5 year leases avail + 5 year extensions at market rent. A growing community w/a present volume of customers.

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Turn-key restaurant/ commercial building in the Heart of Waterford! Great exposure & curb appeal w/ ample parking! Many commercial uses w/ zoning. Includes all equipment & chattels. Updates- H/VAC, electrical, roof, kitchen, & more. Env study & P/L available upon request! A family friendly community!

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49 NORFOLK ST N, SIMCOE - $379,900

7104 CANBOROUGH RD, WEST LINCOLN - $379,900

457 CHEAPSIDE RD, SELKIRK - $235,000

This beautifully updated commercial building offers a highexposure loc. on sought-after Norfolk St. Warm reception area, 9 offices, fully equipped board rm, 2 bthrms, 2 kitchenettes, walk-in safe & full bsmnt for storage. Rear prkng area & entry. Flex zoning allows for many uses. Flex. possession available. Will not disappoint.

Imagine owning charming 1930's inspired General Store w/ in-house Retail Store/Restaurant/Outdoor Patio + immac. 2 bdrm res. unit. Turn-key business incs equip - (see sch) + huge frnt parking area. Clean operation w/unlimited potential. No P&L avail. Do not go direct. Contact LS RE: liquor license, lease option VTB.

Live where you work! Fantastic opportunity to own est. quaint hamlet eatery incs clientele mix of Nanticoke factory wrkrs, Erie cottagers, tourists, Cheapside/Selkirk villagers + area farmers. Incs aprox 1200sf restrnt w/10' ceilings + NG equip, aprx 800sf 2 bdrm res. unit + full bsmnt.

LOT ON FIELD ROAD - NANTICOKE $239,900

2007 MAIN STREET SOUTH, JARVIS $125,000

103 CEDAR DR TURKEY POINT - $599,900

Rare 2.86 ac Industrial Lot in Nanticoke Ind. Park.Incs 283' Field Rd frontage-wtr/swr/hyd. at/near lot line-n/gas at adjcnt lot. MH-2 zoning may allow for small fabricator/machine shop/truck depot. Buyer/Buyer's Solicitor to verify prmttd uses/zoning,attaining of bldng permits, cost of levies/dev. charges/HST.

Est. profitable fast food restaurant business loc.in Jarvis's prime mn crnr. Boasts ex-visual exposure+hi-traffic/pedestrian volume. Incs attractve det. bldng w/lrg paved pkng/multiple entries. Offers 724sf retail area, 266sf fully equipped comm. kitch, ofc+strg space. Contact LS re: lease terms-P&L/serious inquiries only!

"Life-Style Change" investment property in resort town of Turkey Point. Incs est. 40 yr aprx 2000 sf comm/restaurant w/ take-out wndw/all equipment + aprx 1000 sf yr rnd 3 bedrm cottage incs roof '15. Sit. 0.33ac lot - directly across from expansive renowed sand beach. No P&L avail.

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Please say you saw it in The Commercial Investor

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Hamilton

Commercial Real Estate & Business Opportunities

Volume 17 Issue 01

Hamilton

Real Estate’s Long Term Investment Strategy can be compared to the Chinese Bamboo By Dino Nicosia, Broker of Record,

Investpro Realty Ltd.

his is my favourite article that I share with my investors at the beginning of every year. This is the foundation of Real Estate Wealth, and we need to keep reminding ourselves to be patient and hold our investment for the long term. Worth Waiting For… North American investors who are obsessed with the next quarter’s results, might draw a lesson from the example of the Chinese Bamboo. Consider the Chinese Bamboo: first the seed is planted. It is watered. It is fertilized. But the first year nothing happens. The second year it is watered and fertilized again, but nothing happens. The same process is repeated during the third and fourth years; still nothing happens.

Yet, during the fifth year, in a period lasting no more than six weeks, the bamboo grows 90 feet. This is an unbelievable fact. The big question is… “Did the bamboo grow 90 feet in six weeks, or 90 feet in five years?” The answer is five years, “because at any time during that interval, had fertilizing and watering not been maintained, the plant would have died.” Similar, to the Chinese bamboo, real estate will increase in value, in the long term . Take care of your investment and be patient. History has proven that Real Estate is a true hedge against inflation with the potential to bring excess wealth to the Wise Investor.

Please say you saw it in The Commercial Investor

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Volume 17 Issue 01

Commercial Real Estate & Business Opportunities

INVESTPRO REALTY LTD., Specializing in Multi-Residential Listing and Sales “Your Investment Partner for Life”

Dino Nicosia, Broker of Record

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

VMYSL

BROKERAGE

Kandy Thompson,

Sales Representative

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

www.investprorealty.com 7 UNIT COMPLEX IN STONEY CREEK

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0317_DJW_2_0038

LEGAL 4 UNITS

Great opportunity, near West Harbour and minutes to GO Station. Severance approved. Large lot with full parking. Asking $1,950,000. Principals only please. Visit our website for more details. 0317_DJW_2_0030 0317_DJW_2_0031

Great St. Catharines rental area. No vacancies! Good cash flow. Asking $424,900. For details, please visit our website.

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12 UNITS - DESIRABLE JAMESVILLE

Hamilton

Located in the Heart of Stoney Creek. On large lot with plenty of parking and heated garage. Seven spacious suites, most renovated. Many recent improvements. A must to view. Cap Rate 5.0%. Asking $1,200,000. For details and financials, please visit our website.

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Before you invest, You deserve the best.

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Please say you saw it in The Commercial Investor

Commercial Real Estate & Business Opportunities

Volume 17 Issue 01

Hamilton

Developments in Hamilton and the Country’s Aging Population Canada is currently undergoing a shift in its demographics. As time goes on and we move further away from the 20th century, the population of Canada is getting older. This may sound self-explanatory, but in reality its meaning goes deeper than face value. As a whole, the proportion of Canadians that qualify as senior citizens is growing, a result of reductions in both fertility and mortality of the general population, combined with the natural aging of the baby boomer generation. The boomers’ aging is likely to have significant effects on nearly every aspect of the country’s infrastructure, from health, to transportation, to housing. According to Statistics Canada, the proportion of seniors will increase from 15.3 percent in 2013 to possibly as high as 27.8 percent by 2063. In turn, the median age will shift from 40.2 in 2013 to a possible high of 46.5 by 2063. Finally, as of July 2015, Canadians aged 65 or older outnumber those aged 14 or younger. A CITY SNAPSHOT In Hamilton, our 2016 population was estimated to be approximately 525,000, based on 2011 census figures and current levels of growth. By 2031, the city’s population will reach 660,000 and is expected to reach as high as 780,000 by 2041. A larger proportion than ever will be seniors. What does this mean for investment and planning in the city? From an investment standpoint, there is a strong possibility of portions of this soon-to-be senior population choosing to downsize from their single-family freehold homes to one of the many condominium buildings throughout the city, perhaps one of the many currently under construction. They

may also choose to relocate into other forms of simplified living, such as to assisted living or retirement homes, etc. Purchases and development of such properties will prove to be smart investments sooner than later. From a planning perspective, such a situation could mean several things: A substantially larger elderly population will have massive effects on our healthcare, transportation, and physical infrastructure systems; as the population ages, more of our citizens will end up in long-term care wards, putting a strain on our already-encumbered healthcare system; in Hamilton we, like the rest of the country, suffer from a lack of hospital beds and qualified healthcare providers. This will mean a decline in the quality of care, less formal communication, and even more downloading of responsibilities onto secondary providers, such as personal support workers, home support workers, community care workers, or a patient’s family and loved ones. Further, if the market continues to grow, even at a modest rate, there is increasing likelihood that the number of Hamiltonians unable to afford housing will increase. In that case, affordable housing for our seniors, complete with full accessibility for the disabled population, will have to be a top priority. To say that an aging population does not present substantial problems to a community is nothing new. Scholars and professionals have been examining their intersecting effects for the better part of a decade. Here, we’ll be taking a closer look at some of the more tangible, short-term effects and what they may mean for Hamilton.

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Commercial Real Estate & Business Opportunities

TRANSPORTATION INFRASTRUCTURE AND MOBILITY For readers not well acquainted with the city, there have been a number of conversations over the years that have had the effect of nearly dominating civic and popular discourse among its politicians, activists, professionals, and entrepreneurs: In recent memory, we’ve argued about the economic viability of a casino, the location of a stadium, and most recently, whether light-rail transit (LRT) is a good idea or a bad one that far too many people are spending far too much airtime, ink, and money discussing. Slated to begin construction in 2018 and be complete by 2024. We are not going to exhaustively discuss the pros and cons of LRT, more examine whether it is smart investment from the perspective of use by a Hamiltonian senior. For a senior, there is a distinct possibility that LRT would prove to be beneficial to the seniors population of Hamilton. While a great number of them currently drive, as a senior ages there is increased likelihood of a loss of driving privileges as their sight and reflexes age to such a point where driving is no longer a safe or viable option. As such, the city will require alternatives. Already, the city’s longstanding bus-based transit system, run by the Hamilton Street Railway Company (commonly known as the HSR) already sees increased ridership from Hamilton seniors over other demographics, with the exception being highschool-aged students. Certain areas of the city, however, remain underserved by the HSR. Prominent LRT activists and staff suggest that, in order to see the greatest economic returns in terms of ridership and upheaval along LRT corridors, LRT will travel primarily along King Street, from McMaster University in the west to the Queenston Traffic Circle in the east. Within the two end-point stops on either end, there are 12 stops interspersed along the route, totaling 14 stops. For an investor, purchasing and developing along this route would be a wise notion. As LRT construction gets underway, property values along the route are likely to skyrocket. However, this is a span of approximately 27 km. At 14 stops, that means a span of nearly 2km between

each LRT stop. Under the current HSR system, there are over 35 stops between McMaster and the Traffic circle, meaning senior citizens have a far shorter walk under the current system. It means there are far fewer delays along a route, caused by riders boarded and disembarking. From a commuter’s perspective, this is ideal, but from a senior’s perspective, it could be anything but. Part of the implementation of LRT will be the rerouting of current bus routes. The goal of the planning team is to maintain the current level of bus service, but move the stops around in such a way as to make room for the rail system. For seniors, it must remain of the utmost importance that the currently existing transit infrastructure be maintained. On the other side of infrastructure, walkability should remain a top priority. Much research has shown that one of the best ways to keep people happier and healthier is to keep them fit and active. This is doubly true for our senior citizens, who benefit from exercise more than younger adults by ensuring their joints and muscles stay healthy, ensuring their independence. Such walkability and physical activity are effective treatments for heart disease, arthritis, and diabetes. From an investor’s standpoint, this means building for seniors in the future. It doesn’t necessarily require you to do so for your next purchase, but it means having it in the back of your mind for the next few years. That portion of the population is growing faster than you may think, and they’ll need places to live sooner than later. FINAL THOUGHTS The issue of an aging Canadian population is not a new one. It is a discussion that has been carried out by many different industries and their experts. A more novel conversation is what effect this new norm would have on individual cities and their infrastructure. Here we’ve attempted to have the briefest discussions on what this would mean for Hamilton. If you’d ever like to learn more about any of the points discussed above, please contact me or my team and we’ll work to keep you informed and knowledgeable on Hamilton, its economy, and the housing market!

Please say you saw it in The Commercial Investor

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Hamilton

Volume 17 Issue 01

10339498_0317

Commercial Real Estate & Business Opportunities For

Further inFormation:

John hryczynski Broker

(905)

529-5900 x 240

email:

CommerCial

commercial real estate

real estate sales and leasing serviCes 4716_DJW_1_0072

HAMILTON CENTRAL MOUNTAIN Prime corner location Upper Wentworth St. and Fennell E. on central Hamilton Mountain, anchored by numerous national Tenants. Easy access to major roads & expressway. Excellent exposure to high traffic, economically priced office units divisible from 1,391 sf. to 19,061 sf., handicap accessible with elevator access. Retail space available as well. Immediate possession. Abundant parking. Landlord may assist with improvements. Asking from $17/sf GROSS. Call for details.

HAMILTON CENTRAL MOUNTAIN Prime retail/office space located across from the Lime Ridge Mall on a dominant retail corridor with many National tenants. Excellent exposure to high traffic with easy access to E/W Expressway. The lease premises are 4,900 sf and have a large open area suitable for most retail/office uses, asking only $13.95/sf net. Immediate possession, abundant parking.

RETAIL FOR LEASE

RETAIL/OFFICE FOR LEASE 4716_DJW_2_0062

CALEDONIA BUSINESS DISTRICT A new mixed use plaza devleopment in the downtown business district with occupancy in Fall 2017. Excellent exposure along this busy major arterial through the centre of this growing town and located just west of the new 3500 residential unit development now under construction. Retail units from 1,000 sf to 5,000 sf. Ideal opportunity for most retail/office uses. Suitable for most national tenants, call for details.

PRIME LOCKE ST. S LOCATION Prime corner location at Charlton Ave. with excellent exposure in the heart of this sought after Locke St. Business district. This bldg. has been recently renovated throughout and consists of 2,440 sf ground floor commercial space with loads of windows, 3/4 usable basement, attached garage & parking. Ideal for most retail/restaurant or office uses. Call John for details.

EAST HAMILTON MOUNTAIN A first class busy regional retail complex, anchored by Metro Food, Shoppers Drug Mart, LCBO, department stores, banks & other retailers w/tremendous parking capacity. Available space: Unit 6 – 4,428 sf and Unit 7 – 4,063 sf, units may be combined and are ideal for most retail uses and Unit 29 – 1,520 sf, ideal for bar restaurant/fast food use Immediate possession.

11292930_0317

4716_DJW_1_0071

NEW RETAIL PLAZA FOR LEASE 4716_DJW_2_0069

Hamilton

WEST HAMILTON LOCATION Prime West Hamilton location located near downtown. This property is in for site plan approval for a mixed use residential & commercial development consisting of approx. 103 residential units and 4,000 sf of commercial space with surface & underground parking. The property has existing usable buildings presently leased for extra income until development occurs. Asking $2,290,000, call for further details.

RETAIL FOR LEASE

4716_DJW_0061

OFFICE & RETAIL FOR LEASE

4716_DJW_1_0055

MIXED USE DEVELOPMENT SITE

John@BBsrealty.com

www.BBsrealty.com

REAL ESTATE BROKERAGE

Mazhar Roshan Sales Representative

905.929.9800 647.609.9463 905.574.6400

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Office

mazharroshan@sympatico.ca BUSINESS FOR SALE - $179,900

HAMILTON - $249,900

SOLD Only one year old pizza franchise. Doing $350K P/Y sales and improving. All brand new equipment and lease hold improvements. Good for large family or hands on manager/owner. Low rent, long lease and real money making business. 4716_DJW_2_0061

FOR SALE - STONEY CREEK

Long established Pizza and Wings business. Doing over $50,000 sales per month. Low rent and long lease, real money-making business. Close to all amenities, schools and on bus route. Good for big family or business oriented individual.

Live and work in this newly constructed unit. 1100 sq ft retail units plus basement and 1200 2 bedroom apartment upstairs. Close to highway, shopping parks and on bus route. Call for details.

4716_DJW_1_6622

4716_DJW_1_0020

RETAIL STONEY CREEK MOUNTAIN

PLAZA FOR SALE

LoD SnO al diti n

I HAVE QUALIFIED BUYERS FOR YOUR BUSINESS CALL FOR INFORMATION

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. 4716_DJW_2_0024

Fully leased plaza for sale net income $102,000. Anchor tenant Royal Bank. 30 minutes south of Hamilton. Cap Rate 6%. Call Mazhar Roshan for more details. 4716_DJW_2_0085

“My Business is to Sell Your Business”

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Volume 17 Issue 01

Commercial Real Estate & Business Opportunities

Commercial Team In Canada! *

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Prime ground level retail space in busy plaza just north ofAttention Steeles Investors! & Kennedy. Featuring sf., rectangularA 96 unit, low1,775 maintenance apartment shaped space, bath, Kennedy of buildingfloor located in aone superb West Torontoexposure, location. lots Sitting parking! ft. Net. runs Also,itself prime 722rarely sf office on over 2$16.95/Sq. acres this practically and with any space, great signage! $24.85 sq. ft. gross. Call Matt: vacancy! $13,250,000 0317_DJW_1_0060 647-500-7708

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

• • • • •

First class medical centre at Main/Danforth Subway. Stunning 3383 Sq. Ft. office space in rarely offered, modern class Office space available for private practice or physician ‘A’ office building at prime ‘Shops At Don Mills’ location! Current clinic environment, turnkey, work on % of gross billing! medical office w/hundreds of thousands in superb leaseholds. Can Bldg includes ultrasound, medical be used for anypharmacy; professionalradiology, use; tons of windows/great views!. labs; & physiotherapist! Free Rent period. $8/Sq Ft Net. $18.95/Sq Ft. Net Call George 416-554-7653. 5116_DJW_2_0118

WORLDWIDE TROPHY ASSETS! ATTENTION INVESTORS!

PRINCIPALS ONLY

Downtown Manhattan skyscraper! Both comm &RETURNS! retail space: $975M 21%+ ANNUAL Las Vegas, NV casino! 21 floors on approx. 37 acres $475M • RRSP, TFSA, LIRA++ Eligible • Single Family & Condo Developments Brooklyn hotel, popular hotel chain, over 320 rms $169 M • Get Developer • Projected Returns Exceed 21% per Year Las Vegas, NV hotel / casino over 3,800 rms, 80% complete $470M Returns! • Call George Politis 416-554-7653 • Partner withrms, Top-Tier GTAasset, Developers NY City hotel, 140 3 star approx. 5% CAP $103M

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

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11276658_0317

Greater Toronto Area

Steal of a deal! Price reduced $60,000 for immediate sale! Primeoffice location Dixienew Park Centre Centre with free Premium spaceinatbusy Tridel’s Hullmark at parking! Two units, total 1,450 sq. ft., one with offices Yonge & Sheppard! Approx. 916 gross Sq. Ft. with floor to and reception Great for investor/user! Use one, ceiling windowsarea. overlooking Yonge St. and underground lease other! Must be For seen! Call Matt: accessthe to two subway lines! Sale!$258,800. Call for pricing! 647-500-7708 or George: 416-554-7653 0317_DJW_1_0671

PA L

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TORONTO WEST SPACE KENNEDY RD - RETAIL/OFFICE

NL Y

Volume 17 Issue 01

Commercial Real Estate & Business Opportunities

EXCLUSIVE LISTING 0317_DJW_2_0058

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

PRICE $349,900 0317_DJW_0030

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***Lifetime Opportunty*** Profitable Trucking Business, with Automotive Garage & Loyal Customer Base for Sale, with Rare 1.25 Acre Land! $2,000,000. ID#CI4987 MEDICAL/ WORSHIP/ RETAIL / INDUSTRIAL

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Rare Business Opportunity,Excellent Upkeep,Profitable Restaurant Business,Chinese & Guyanese Cuisine.Excellent Location In Toronto! LLBO Licensed $65,000. ID#CI3585

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Well Established & Fully Equipped Restaurant Business For Sale. Excellent Location In Port Credit Just Beside The Lake, LLBO Licensed & Recently Upgraded $150,000. ID#CI121 ESTABLISHED HAIR SALON

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Super Deal! Close To Main Entrance of a Prominent Mall on Dixie Road. Easy Accessibility From 401 & 403 With High Exposure To Public. Multiple Uses!! $388,000. ID#CI1550

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marketinsight

AVISON YOUNG RELEASES 2017 NORTH AMERICA, U.K. AND GERMANY COMMERCIAL REAL ESTATE FORECAST Taking a long-term view helpful in a year of structural change in the commercial real estate sector

he commercial real estate industry ended 2016 as it began – with low interest rates, low cap rates and moderate GDP growth in most nations – but it does not feel like the same environment heading into 2017. Rising protectionism and political unrest have introduced a healthy dose of fear and skepticism as to where we are in the current market cycle and what comes next. Despite job growth, improving market fundamentals and superior yields to alternative investments, commercial real estate owners, occupiers and investors disagree about how long this cycle could – and should – continue. It is the seventh inning, but how long is this ball game? These are some of the key trends noted in Avison Young’s 2017 North America, U.K. and Germany Forecast, released today. The annual report covers the office, retail, industrial and investment sectors in 63 markets in five countries on two continents: Calgary, Edmonton, Halifax, Lethbridge,

Montreal, Ottawa, Quebec City, Regina, Toronto, Vancouver, Waterloo Region, Winnipeg, Atlanta, Austin, Boston, Charleston, Charlotte, Chicago, Cleveland, Columbus, OH; Dallas, Denver, Detroit, Fairfield County, Fort Lauderdale, Greenville, Hartford, Houston, Indianapolis, Jacksonville, Las Vegas, Long Island, Los Angeles, Miami, Minneapolis, Nashville, New Jersey, New York, Oakland, Orange County, Orlando, Philadelphia, Phoenix, Pittsburgh, Raleigh-Durham, Reno, Sacramento, San Antonio, San Diego, San Francisco, San Mateo, St. Louis, Tampa, Washington, DC; West Palm Beach, Mexico City, Coventry, London, U.K.; Berlin, Duesseldorf, Frankfurt, Hamburg and Munich. “Take me out to the ball game! It is only fitting that, in a year full of upsets, the Chicago Cubs celebrated their first World Series win in 108 years. The nine innings of American baseball have become a metaphor for the global real estate market cycle, but given the many variables of the current climate, just like the World Series finale, this cycle may be going into overtime,” comments Mark E. Rose, Chair and CEO of Avison Young. “Will we see 2016 redux, or changes ahead? Pundits have taken both sides of the interest rate debate, from low rates indefinitely to a gradual return to historical levels. Meanwhile, virtually all developed countries piled on additional debt, ensuring that no government would lead the charge to raise rates. Economists disagree about how best to proceed, but a majority of business executives understand that we need to normalize rates one day – and sooner rather than later. It is hard to conceive a climate with less consensus.” Rose continues: “Buyers and sellers used Brexit and the U.S. presidential election to pause and gather data points. Decision-making might have slowed in 2016, but the appetite for investment in real estate continues unabated. The overarching themes of global financial growth from a depressed base and global population topping 10 billion in the next few decades provide strong support for everything related to real estate. Technology is a game-changer, potentially impacting what, where and how properties get used and constructed. If history is a guide, technology – like immigration – has redistributive impacts but can create meaningful positive economic growth for decades to come.” To make the case for the cycle being in extra innings, Rose pivots back to the baseball analogy. “The widely held opinion is that real estate is in the seventh inning,” he says. “At Avison Young, we disagree. We see something very different. We might be in the seventh or eighth inning from a pricing perspective, but given the

market forces and attributes that currently exist, we could be in the seventh inning of a very long extra-innings game for our industry. Real estate is a legitimate investment alternative and is currently producing higher yields than stocks and bonds.” Rose adds that the U.K., Germany and Western Europe, the U.S., Canada and Mexico boast some of the largest GDP markets in the world, and global trade has not seized up – nor will it. “North America has been the preferred destination for global capital, and will continue to be in 2017,” he notes. “Additionally, investors in this region are beginning to harvest gains, creating a ‘wall of capital’ to take advantage of any dislocations in the marketplace. This wall is one of the reasons we are predicting that North American global investors will have the U.K. and, specifically, London in their sights in 2017. We believe that well-timed portfolio acquisitions could produce significant returns.” CANADA

in Edmonton, Western markets will lag Eastern markets by a wider margin. Vacancy among Western markets jumped to 15.2 per cent at year-end 2016 from 11.9 per cent at year-end 2015, and is poised to rise to 17.1 per cent by year-end 2017. By comparison, the rise in vacancy among Eastern markets has been more modest, climbing to 11.1 per cent at year-end 2016 from 10.5 per cent at year-end 2015, and is forecasted to settle at 12 per cent by year-end 2017. Almost 6.5 million square feet (msf) of office space was completed in 2016, while a further 14 msf (61 per cent preleased) was under construction near year-end – a mere 2.6 per cent of existing inventory. Currently, Toronto and Calgary lead, with notable development also underway in Montreal, Edmonton and Vancouver. Calgary and Toronto are among the 10 most active office development markets in North America, ranked sixth and eighth, respectively. Argeropoulos continues: “Retail is, perhaps, regarded as the most volatile sector as technological disruptors and rising consumer debt levels remain among the major threats. As in 2016, big data, demographics and millennial behaviour will preoccupy the retail sector in 2017. A surprising trend is the increase in physical stores opened by online retailers, forcing all stakeholders to rethink their digital and physical retailing strategies.

“In the face of ongoing global political and economic upheaval, stability will define Canada’s commercial real estate sector in 2017,” comments Bill Argeropoulos, Principal, Practice Leader, Research (Canada) for Avison Young. “Despite challenges in Alberta, it is business as usual in most major markets as “The retail sector will continue to see well-thought-out trends prevalent in 2016 – changing demographics, workplace ‘gambles’ implemented as stakeholders in key retail segments design and disruptive technology – continue to test the status attempt to gain the upper hand on one another.” quo. Successful real estate strategies will evolve to address risk and opportunity in response to these changing circumstances.” He points to a number of “firsts”, including: Costco’s launch of its first Business Centre store concept in Toronto – focusing Argeropoulos notes: “In general, office fundamentals remain more tightly on the office and business-supplies sector; Best relatively intact. However, varying demand and construction Buy’s new “experience stores,” set to host Google’s first “shops levels, driven largely by urban intensification, have widened within a shop” in four Canadian locations; Amazon’s line-free the performance gap between downtown and suburban grocery store in challenge to supermarkets; and LoyaltyOne’s markets and from city to city. Transit-oriented development rewards program, Air Miles, which opened its first brickwill intensify, while evolving workplace concepts will have and-mortar retail store (Gifted by Air Miles) and a pop-up a profound impact on occupiers and landlords. Traditional boutique at Toronto’s CF Shops at Don Mills, to mention a few. drivers – finance and professional services – may moderate, with new growth stemming from the technology sector, “Though technology is driving retail behaviour, the consensus ongoing urban intensification and efficiency-increasing is that hard assets will always be needed,” adds Argeropoulos. consolidations.” “The industrial market has been resilient and remains the NOTABLE CANADIAN OFFICE MARKET HIGHLIGHTS darling among Canada’s commercial property sectors, INCLUDE: exceeding expectations in most markets in 2016. Although the manufacturing sector continues to retool, e-commerce is Uneven demand and steady new supply lifted Canada’s accelerating the rapid-order-fulfillment phenomenon, fuelling overall office vacancy rate 150 basis points (bps) from yearboth leasing and investment sales. The outlook is promising end 2015 to close 2016 at 12.5 per cent. As expected, vacancy with competition intensifying among existing landlords and increased in 10 of 12 markets surveyed with Calgary posting developers to offer viable, flexible and affordable product the highest rate (22 per cent) and biggest change (+600 bps). near urban centres to meet the rapidly changing demands of A supply-demand imbalance will drive office vacancy higher e-commerce. Matching the right supply with demand will be in most markets, lifting Canada’s vacancy rate slightly above the challenge.” 13 per cent by year-end 2017. Due to weak fundamentals in Calgary and, to a lesser extent,

Continued on Page 36

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

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

Massimo Farina BROKER (x224), Lara Tersigni BROKER (x223) FOR LEASE - $9 SQ. FT. • Precast Freestanding Building Ready Q3 2017. • Excellent Opportunity To Be Close To The Future Hwy. • 427 Extension Near 4 Major Markets, (Toronto, Brampton,Vaughan, Mississauga). • 33 Foot Clear Height, Excellent Shipping And Outside Storage. • Landlord Will Finish Up To 10% Office Space, More If Necessary At Higher Lease Rate Psf.

9258736_0317

FOR SALE - VAUGHAN • Rare offering. • Commercial/ Industrial lot with over 140 feet frontage on Highway 400 and over 260 feet frontage on Cityview Blvd. • Located on the West side of Hwy 400 • Just North of Major Mac. • Em1 Zoning. Services to the lot line. 5116_DJW_1_0064

$5,680,000

Greater Toronto Area

FOR SALE - 20,000 SF FREESTANDING BUILDING WITH QEW EXPOSURE!!! Location, Location, Location!!! The perfect corporate headquarters for any business that desires quick and easy access to the Gardner Expressway. High profile location fronting on the Gardiner Expressway. Minutes from the Center of Toronto and short drive to Pearson International. Prime location with Gardiner Expressway frontage & daily exposure of 500,000 impressions. Owner has use of Super Billboard Advertising. Offers a unique blend of luxury office/retail. 5116_DJW_0001

VAUGHAN

FOR LEASE VAUGHAN

D L O S • • • •

9144 sq. ft. 2 TL & 1 DI Door 22" clear Great location Jane/Langstaff Rd.

• Radiant Heat • Great location Jane/Langstaff Rd. 5116_DJW_0003

5116_DJW_0004

FOR SALE - 3850 STEELES AVE

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

• Occupy And Generate Income At The Same Time! • Great area! • High visibility! 5116_DJW_1_0003 5116_DJW_2_0004

• 45,000 sq. ft. industrial building • Hwy 407/Keele

• Massimo Farina 5116_DJW_0005

FOR LEASE

• 800 sq.ft. New Office Space • Walk to Future Subway • Great Location

5116_DJW_0026

FOR LEASE

• • • • • •

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

5116_DJW_1_0665

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OVER 5.8 MILLION SQUARE FEET LEASED IN Q4 2016

oronto Real Estate Board President Larry Cerqua announced that the total amount of leased space reported through TREB’s MLS System by TREB Commercial Network Members in the fourth quarter of 2016 was down on a year-overyear basis. There was a combined 5,849,174 square feet of industrial, commercial/retail and office space leased – down by 5.1 per cent compared to the fourth quarter of 2015..

Industrial space accounted for the great majority of leasing activity reported through TREB’s MLS® System, with more than three-quarters of total space leased accounted for by the industrial segment. The average industrial lease rate on a per square foot net basis, for transactions with pricing disclosed, was up by 2.1 per cent to $6.23 compared to $6.10 in Q4 2015. The average commercial/retail lease rate was up on a yearoveryear basis, while the office lease rate was down compared to last year. “The demand for commercial real estate has a lot to do with businesses’ outlooks on the future of the economy, in general,

and the direction of their particular economic sector. Growth in the economy was somewhat volatile in 2016. On top of this, there may remain some uncertainty with regard to the impact of the US elections going forward. It is likely that many GTA firms have taken a wait and see attitude towards property investment until the trajectory of the Canadian economy becomes more certain,” said Mr. Cerqua. The number of combined industrial, commercial/retail and office property transactions was down in Q4 2016 compared to a year earlier, with 253 properties changing hands versus 337 properties in Q4 2015. Average selling prices on a per square foot basis, for transactions where pricing was disclosed, were up for the industrial and commercial/retail market segments. The large increase in the average commercial/retail selling price had more to do with a greater number of large properties trading in more expensive locations in Q4 2016 compared to Q4 2015. The average selling price for office properties was down on a year-overyear basis. While market factors may have played a role, this dip was more related to a compositional shift in the type and location of properties sold this year versus last.

Q4 2016: Per Square Foot Net Commercial Leasing (Millions of square feet leased)

Q4 2016: Commercial Sales Completed with Pricing Disclosed on TorontoMLS

Leased Sq. Ft.

Number of Sales Q4 2016

Q4 2015

Industrial

121

.64

Commercial

133

.70

.72

Office

5.85

6.16

Total

253

337

Q4 2016

Q4 2015

Industrial

4.56

4.80

Commercial

.59

Office Total

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

Average lease rate Q4 2016

Q4 2015

May 2016

May 2015

Industrial

$6.23

$6.10

Industrial

$108.68

$94.79

Commercial

$20.65

$16.18

Commercial

$253.04

$175.59

Office

$12.86

$14.21

Office

$180.70

$272.86

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2015-03-19 3:47 PM

Continued from Page 31

NOTABLE CANADIAN INDUSTRIAL MARKET HIGHLIGHTS INCLUDE: Canada’s overall industrial vacancy rate hovered at 3.1 per cent near the end of 2016, compared with 3.6 per cent at yearend 2015. Ten of the 11 markets surveyed displayed singledigit vacancy in 2016, with Toronto and Vancouver posting rates below the national average. Speculative construction coming online is expected to push vacancy modestly higher, to 3.4 per cent by year-end 2017. Led by Toronto, the nation’s largest and North America’s third-largest industrial market, Canadian markets captured five of the 10 lowest vacancy rates in North America – a trend that will persist in 2017. Keeping pace with demand, more than 12 msf (34 per cent preleased) was under construction near the close of 2016 (less than 1 per cent of total industrial stock). This total is down from 14 msf at the end of 2015. While Toronto and Vancouver remain construction hubs – accounting for nearly 80 per cent of total development – Toronto was the only Canadian market to claim a spot (No. 9) in North America’s top 10 most active development markets. In some markets, investment sales are the largest source of activity in this sector as users are taking advantage of available credit options to purchase, lowering their operating costs. Elsewhere, the lack of industrial properties for sale and the absence of industrial land for additional development are pushing pricing to new heights. Argeropoulos says: “The investment market was red-hot in 2016 – if only we had more product for sale to match the capital chasing it. Elevated pricing in key entry markets such as Vancouver and Toronto led some owners to sell assets, including whole or partial interests, to crystallize gains, fund new investments and pay down debt, while joint-ventures are increasingly popular as a means of spreading risk.” Headline sales transactions in the hundreds of millions of dollars that defined the investment market from coast to coast included: Vancouver’s Bentall Centre and Royal Centre, TransCanada Tower in Calgary, Scotia Plaza in Toronto, and 1350-1360 René-Lévesque West in Montreal. “Flush with capital, investors will resume their pursuit of the best risk-adjusted returns across the risk spectrum – including core to opportunistic, debt and equity – in 2017. Demand for high-quality product will spill over from Toronto and Vancouver to Montreal – and, perhaps, Calgary, if the price of oil stabilizes,” concludes Argeropoulos. U.S. “U.S. markets continued to reflect strength in most real estate fundamentals in 2016. The year was marked by continued

improvement, resulting in numerous markets breaking decades-long pricing and occupancy records. As we forecasted a year ago, the U.S. provided investors with solid rates of risk-adjusted returns, the supply of space kept pace with steadily increasing demand in nearly all asset classes and the influx of foreign capital continued to amplify pricing pressure for the most desired gateway assets,” comments Earl Webb, President, U.S. Operations for Avison Young. “The burgeoning demand for online shopping, while causing some disruption in traditional brick-and-mortar retail assets, has provided immense opportunities in industrial, distribution and warehouse assets as supply chains become increasingly complex and strive for efficiency.” Webb continues: “Demand for office remained strong, mirroring solid job growth throughout the year, and rental rates pushed higher. At the same time, leasing demand for CBD office space may be approaching equilibrium with occupancy stabilizing as tenants consider more affordable suburban alternatives where repositioning has led to a flourishing of quasi-urban live-work-play environments. In the multi-residential sector, demand from millennials, as well as empty-nesters, continues to drive the need for higherquality urban assets, although apartment rent growth has begun to slow in some metropolitan areas.” “And as we approach the U.S. presidential inauguration

and the launch of a new federal administration,” Webb adds, “Avison Young anticipates that an increase in federal government spending – and a subsequent breakup of the Capitol Hill gridlock – should have a positive impact on economic activity and, thus, real estate fundamentals.” Cybersecurity, anti-terrorism and rising protectionism sentiment will likely fuel federal spending, and these issues are forecasted to impact technology-driven markets. Office leasing again faced challenges and disruption in 2016 as tenants embraced efficient office design and lower peremployee utilization rates. Many markets experienced a rise in the co-working model and properties being repositioned by adding tenant amenities in response to this competitive environment. NOTABLE U.S. OFFICE MARKET HIGHLIGHTS INCLUDE: Another year of solid job growth was reflected in strong U.S. office fundamentals as 2016 ended with a 12.4 per cent vacancy rate, a slight improvement compared with year-end 2015. In Boston, class A rents in some submarkets now rival those within the city, while in the San Francisco Bay Area, San Mateo office and industrial owners enjoyed double-digit rate growth year-over-year and Oakland’s vacancy fell to historic lows. There was 95 msf under construction at year-end 2016 – up eight per cent year-over-year – of which 52 per cent was preleased. Three cities, New York, Washington, DC and Dallas, together accounted for 40 per cent of all new construction in the U.S. Despite development reaching multi-decade highs in many U.S. cities, speculative construction is tempered, and there is little concern of significant oversupply as upcoming projects exhibit strong preleasing. Years of sustained improvement have led to speculation of a pending market contraction; however, leasing conditions remain sound, supporting moderate growth in 2017, and the majority of U.S. cities are forecasting office vacancy levels to remain stable or tighten. The report goes on to say that e-commerce again accounted for a greater portion of all retail sales in 2016 and, as is occurring in Canada, brick-and-mortar stores are evolving along with omni-channel retailing. Successful neighborhood retail comprises specialty grocers, fitness, food-service outlets that also serve as gathering places, the ubiquitous salon, and urgent-care and walk-in clinics are often in the mix. Notable U.S. industrial market highlights include: Ongoing disruption in the retail landscape will create further opportunities for the industrial sector where emphasis on

supply-chain logistics and speed of delivery could result in an increase in the number of warehouse, distribution and pickup centers expanding in urban-centric locations. The U.S. industrial sector registered further improvement in 2016, ending the year with 5.7 per cent vacancy. Although considerable new development is underway, vacancy for year-end 2017 is forecasted to mirror the 2016 overall average. In total, 166 msf is under construction compared with 147 msf one year ago. Sixty per cent is concentrated in five key U.S. markets, each of them having more than 17 msf underway: Los Angeles, Chicago, Philadelphia, Atlanta and Dallas. Nevertheless, a significant number of cities are forecasting vacancy increases, most notably Nashville, where an increase of 140 bps is expected, Atlanta (+100 bps) and Philadelphia (+70 bps). Historically low interest rates will keep spreads attractive and support the investment sales market well into 2017. Yearto-date sales volume approached $400 billion in November 2016 and, although lower overall when compared with portfolio-sales-heavy 2015, that total is in line with the prior two-year annual average sales volume. In 2016, buyers sought core, core-plus and value-add properties and U.S. markets demonstrated liquidity and yields, while investors favored assets in transparent markets where demand drivers were quantifiable and clear. Led by China, foreign investment in U.S. real estate was significant in 2016 but fell short of 2015’s total. “Many investors were waiting on the sidelines for clarity during the U.S. presidential election cycle; however, the availability of capital will support trades in 2017, and pricing should maintain an upward trajectory, albeit less steep, than in recent years. Interest rates will remain very low compared with historical levels, and the attractive spread on leveraged cash returns from sound real estate investments should remain throughout 2017. As we said a year ago, the ability to create value exclusively through cap rate compression is largely over for this market cycle.” Webb concludes: “Going forward, value will be created by investing wisely and then leasing and managing properties in an optimal way to drive cash flow upward. The U.S. real estate market should keep providing foreign investors with transparency, liquidity and yield, whereas many foreign markets will provide much less of each. U.S. investors, in their constant search for yield, will continue to allocate significant capital for core, core-plus and value-add properties. In secondary markets, we expect demand for high-quality assets to increase – as was the case in 2016.” For further information visit www.avisonyoung.com

Commercial Real Estate & Business Opportunities

Volume 17 Issue 01

8313781_0317

Bill Byers Sales Representative bill-byers@coldwellbanker.ca

TEMISKAMING REALTY LTD.,

LCBO & GAS BAR Great turn key business on Hwy #65 West, in Kenabeek. Includes Gas & Diesel, Variety Store, LCBO, Lotto, Bottle return, Post Office and Food Counter, large 5 bedroom apartment, garage all on 1.47 acres. Lots of potential here for variety of uses with no zoning. Asking $239,900. MLS TM152104

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6 PLEX Large building with 2 balconies, basement, paved parking lot. Lots of work done here over the past few years. Full rented. Gas heat convenient downtown Haileybury location close to bus stops, College, library, beach, more. Asking $259,900. MLS TM162979

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BUSY RESTAURANT Right on Hwy #11 N. Only restaurant in Latchford. Seats 36, lots of paved parking. Room to grow building and or patio. Tons of potential. Turn key! Asking $149,900. MLS TM162908

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PIZZA & FAMILY RESTAURANT All set up & ready to go! Well established downtown Haileybury. Walk in cooler, patio, full kitchen, basement. Asking only $94,900. MLS TM162924

GAS STATION Large Commercial Building 4285 sq' on the main Street in Elk Lake (Hwy # 65 & 560) across from the Montreal River. Vacant, former gas station, restaurant, repair shop with hoist & owners apartment (not finished). Asking $149,900. MLS TM152302

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New Liskeard, Northern Ontario

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

BROKERAGE

DUPLEX Many recent updates here including new shingles in the fall. 2 bedroom up & 1 bedroom down, full basement. Large heated garage. Huge lot with lots of parking. North Cobalt. Asking $104,900. MLS TM162862

businesssavvy

Central Ontario

Strong growth forecast for Canadian family businesses:

89 per cent expect to grow over the next five years

espite economic uncertainty, almost two thirds (64 per cent) of family businesses have grown over the past year, according to the PwC 2016 Global Family Business Survey. While Canadian family businesses are confident about the future, the biggest concern on the minds of family business leaders is a lack of focus on strategic planning to ensure future growth. The majority (95 per cent) of Canadian family businesses say that securing their long-term future is key to success in the next five years. However, most companies are too focused on day to day operational activities to plan for the future.

The concern centers around what the Global Family Business Survey calls “the missing middle”. This is the strategic plan that should bridge that gap between the everyday requirements of running a family business and establishing long-term goals to ensure the business is evolving and taking steps to move towards those goals.

“Many family business owners we’ve spoken with enjoy success today but when it comes to creating future opportunities, they are averse to risk and reluctant to move away from the status quo.” says Saul Plener, Partner and National Leader, Private Company Services.“A willingness to diversify, innovate and evolve to meet the needs of a rapidly changing market is the only way to for Canadian family businesses to remain competitive and stay viable over the long-term.” The key challenges over the next five years for family businesses in Canada are: The need to innovate Dealing with increased competition Attracting and retaining talent General economic climate The full Global Family Business Survey report is now available and can be found at www.pwc.com

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New

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SECTION COVERING: Lindsay Peterborough Port Hope Bowmanville

EASTERN ONTARIO

Cobourg Trenton Belleville Kingston Northeastern Ontario

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Volume 17 Issue 01

Commercial Real Estate & Business Opportunities

Jack Huitema Broker of Record

905-774-7624

220 Broad Street East, Dunnville, ON N1A 1G2 Each Office Is Independently Owned & Operated

ST. ANNS - 50 ACRE POULTRY OPERATION

IC PR

2 barn operation with 60,000 sq. ft. of slatted floor with nesting and egg collection to 2 packers and egg grading. Large new cooler room and water reservoir + water treatment room. Auto generator back up. 4 bdrm main brick house + 2 bdrm help house. 0317_DJW_2_0037

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DUNNVILLE - OPPORTUNITY TO BUY A PRODUCTIVE - 130 ACRE FARM With loam soil, random tiled systematically with outlet to the Tweed Drain. 3 megawatt turbine with 20 yr. contract, installed in 2016. Ready to start generating. Small barn on property with hydro. Operating gas well. Lease back opportunity. Call Jack. 0317_DJW_0025

11279879_0317

www.coldwellbanker.com

businessbarometer

2016 ends on more optimistic note for small business owners

Eastern Ontario

he end of the year saw small business optimism make modest, but broad based, improvement across the country. The Canadian Federation of Independent Business’s Business Barometer Index climbed to 60.7 in December, up a bit from November’s 59.4.

stronger in the next year outnumber those expecting weaker performance. One normally sees an index level of between 65 and 70 when the economy is growing at its potential. There is less consistency in industry results this month. Big improvements in optimism in the resources and construction sectors are offset by declines in retail and information sector expectations. A number of other positive signs emerged from this month’s survey. Forty-one per cent of owners say their businesses are in good shape – a 13-month high – and, 54 per cent expect to spend on capital goods in the next few months. Order books are looking better and pricing plans are climbing back to near the plus-two-per-cent mark. There is still some caution in business owners’ expectations, however, because short-term employment plans remain weak – even after taking seasonality into account. Only 13 per cent expect to hire full-timers in the next few months, versus 16 per cent who expect to cut numbers.

“2016 is ending on a more optimistic note for small business owners,” said Ted Mallett, CFIB chief-economist. “It is only a 1.3-point gain from November, and not stellar by historical norms, but the latest result is the best reading we’ve seen since March 2015.” The index improved or held steady in nine of 10 provinces. British Columbia business owner are the most optimistic, with an index level of 69.5, followed by those in Manitoba (66.7), Quebec (65.8) and Nova Scotia (64.9). Only half a step behind are business owners in Ontario (64.2), Prince Edward Island (63.2) and New Brunswick December 2016 findings are based on 576 responses, collected from (60.4). Optimism in Alberta (43.4), Saskatchewan (54.0) and a stratified random sample of CFIB members, to a controlled-access Newfoundland and Labrador (47.7) continues to lag, but web survey. Data reflect responses received through December 15. improvements there are still notable over November results. Findings are statistically accurate to +/- 4.1 per cent 19 times in 20. CFIB is Canada’s largest association of small and medium-sized On a scale between 0 and 100, an index above 50 businesses with 109,000 members across every sector and region. means owners expecting their business’ performance to be Please say you saw it in The Commercial Investor

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NIAGARA

NIAGARA Welland Fort Erie Beamsville Fonthill Port Colborne

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inthenews

INCREASINGLY CONFIDENT CANADIAN BUSINESSES BOOST INVESTMENT PLANS FOR 2017 70 per cent of entrepreneurs expect increased sales, up from 45 per cent last year found renewed optimism coast to coast, with all provinces and territories showing higher expectations of sales growth than last year. Reflecting the stabilization of crude oil prices, Alberta SMEs lead with a 17.1 per cent jump in planned investments in 2017 versus 2016. Ontario foresees a 2.9 per cent rise in investment intentions, Quebec expects a 0.6 per cent increase, while Atlantic Canada maintains investment at the same level as 2016. British Columbia and the territories anticipate a 5.4 per cent decline in investment intentions and the Prairies forecast a 17.5 per cent drop. Nation-wide, top investing priorities are growth and productivity projects, led by IT, training, machinery, equipment and vehicles.

anadian entrepreneurs have more confidence in the economy and plan to boost business investment to $96.6 billion in 2017, according to a new study from the Business Development Bank of Canada (BDC). Investments are up 1.6 per cent from the totals invested in 2016.

Seventy percent of the entrepreneurs surveyed expect increased business revenue in 2017, a significant jump from the 45 per cent who had the same expectation last year. Technology businesses, manufacturers and goods exporters report the strongest growth in investing intentions. “This survey confirms the optimism we’re hearing from our business clients every day,” says Pierre Cléroux, BDC’s vice president, Research, and chief economist.“Entrepreneurs are increasingly confident in the economy, with exporters leading the way in terms of investment intentions. Canadian businesses are ready to invest and they have growth on their minds.” The survey of 3,988 executives at small and mid-sized enterprises (SMEs) conducted last August and September

“Our research also confirms technology is playing an increasingly important part in our economy. Greater investment will help Canadian companies get more productive and that’s key for staying competitive in the current business environment,” Cléroux says, noting that BDC recently launched a free online productivity benchmarking tool available at bdc.ca. Additional regional details are available in the BDC study, which also found: Technology firms show the most optimism, with an average of $410,000 in planned investments in 2017, up 41 per cent from the amount they invested in 2016. The manufacturing sector came second, with an average of $340,000 in investment intentions, up 17 per cent over last year. Top-cited obstacles to investment are lack of cash flow and lack of qualified personnel. Lack of confidence in the economy is no longer a top barrier to investment. Two thirds of businesses intend to finance investments mainly with working capital or other internal funds, while less than one in four plan to use a loan or line of credit, despite favourable credit conditions. Businesses that invest more tend to project higher income growth. Those projecting 20 per cent or higher growth plan to invest $380,000 on average in 2017. Even companies expecting zero or negative growth aim to invest an average of $150,000. For more information visit bdc.ca.

Volume 17 Issue 01

Commercial Real Estate & Business Opportunities

Colliers International Niagara Ltd., Real Estate Brokerage 82 Lake Street, Suite 200, St. Catharines, ON L2R 5X4 www.collierscanada.com 905-354-7413

BUILDING FOR LEASE OR SALE

VACANT RESIDENTIAL LAND - SITE PLAN APPROVED

307 BUCHNER ROAD WELLAND

2433 REGIONAL RD. 69, LINCOLN

COMMERCIAL/RESIDENTIAL REDEVELOPMENT SITE This ± 12.05 acre property is located along the major throughway of Fort Erie to the U.S.A. among residential and commercial nodes. Main building on site is ± 142,000 sq. ft. The Beer Store is ± 6,465 sq. ft. OFFERED AT $4,900,000 Contact: Greg Chewf, Sales Representative greg.chew@colliers.com

7687 MCLEOD RD. NIAGARA FALLS

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

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50' frontage x 300' depth located on the south side of Queen Street between Crysler Ave. & St. Lawrence Ave. ± 7,000 sq. ft. Located in Downtown Niagara Falls close to all amenities, high visibility. Minutes to the US Border. OFFERED AT $685,000 LEASED AT $6.00/Sq Ft Contact: Bryan Saelens, Sales Representative bryan.saelens@colliers.com

200 GARRISON ROAD FORT ERIE

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6693 - 6719 THOROLD STONE RD. NIAGARA FALLS

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4600 QUEEN ST. NIAGARA FALLS

VINEMOUNT RIDGE VINEYARD

LAND FOR SALE

60.18 acres situated on the ridge of the Niagara Escarpment w/50 acres planted Baco Noir. Recently renovated 5 bedroom home w/ wood stove, fireplace, hot tub, landscaped deck, in-ground pool, in-law suite (or Bed & Breakfast), 2 Barns & Horse Paddock PRICED REDUCED: $2,300,000 Contact Greg Chew, Sales Representative greg.chew@colliers.com

±3 acres, zoned Tourist/Commercial between Niagara Square Mall, YMCA Community & Seniors Centre, Public Library and the Peninsula Inn hotel. Access off Montrose adjacent to the shopping mall (no access from McLeod). Parcel was previously approved for 10-storey condo building with pool (96 units & 135 underground parking). OFFERED AT $2,250,000 Contact Mike Halliday, Sales Representative mike.halliday@colliers.com

4566 VICTORIA AVE., NIAGARA FALLS

BAY BEACH LUXURY ESTATES FORT ERIE

12190 LAKESHORE RD. WAINFLEET

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0317_DJW_1_0016

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LIGHT INDUSTRIAL MULTI-UNIT Two parcels totaling ±4.16 acres located at the southeast corner of HWY 140 and Buchner Road in Welland, ON. Minutes from the new GE Plant. 14' clear ceiling height. ±10,800 sq ft building. LI Zoning - Storage & light manufacturing. OFFERED AT $495,000 Contact: Mark Stevens, Sales Representative mark.stevens@colliers.com Todd Crawford, Broker todd.crawford@colliers.com

BROKERAGE APPRAISALS MANAGEMENT

Situated in beautiful Crystal Beach, Fort Erie, located on Erie Road and extending north along Hazelwood Avenue (to be constructed) to Glenspring Road. May be developed in 2 phases. Phase I: Conditional Draft Plan Approved for 12 Townhomes; Phase II: Planned for 14 Detached Homes. OFFERED AT $575,000 Contact Dieter Lueloff, Sales Representative dieter.lueloff@colliers.com

±0.742 acres L-shaped parcel, 5,500 sq. ft. Many possibilities with this property. In operation for over 40 years as a variety/deli/grocery/restaurant. Some recent improvements. Located in close proximity to the sandy beach for the busy summer season. OFFERED AT $469,000 Contact Bryan Saelens, Sales Representative bryan.saelens@colliers.com

Accelerating success. Global leadership in real estate solutions.

“Information contained herein has been obtained from the owners or from other sources deemed reliable. We have no reason to doubt its accuracy but regret we cannot guarantee it. All properties subject to change without notice.”

Please say you saw it in The Commercial Investor

11306014_0317

Niagara Peninsula

MULTI-RESIDENTIAL DEVELOPMENT OPPORTUNITY Building & Business for sale. Niagara Auto & Truck Service Centre. Retail store 1800 sq. ft. +/-, auto repair shop 6700 sq. ft. ±. Successfully run for many years. Long list of available equipment, to be negotiated separately. Vendor financing available. OFFERED AT $399,000 Contact Mike Halliday, Sales Representative mike.halliday@colliers.com

Volume 17 Issue 01

Commercial Real Estate & Business Opportunities

Greg Howe Sales Representative 11246794_0317

gamhowe@sympatico.ca

905-935-6838

Niagara Region 905-358-9800 | 1-877-357-7346 8627 LUNDY'S LANE, NIAGARA FALLS A-1 STAR INN $1.3 M

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5915 CLARK ST; NIAGARA FALLS EMPRESS INN & SUITES

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"STARDUST MOTEL"; NIAGARA FALLS 5528 BUCHANAN AVE

27 rooms newly remodelled (over $700,000 in upgrades), $180,000 in gross yearly revenue, low taxes, huge property with room to develop, only 30% down payment to qualified buyer.

$250,000 VTB available, newer 24 rooms house and In-law Apartment. One of the nicest Motels in all of Niagara Falls, located in quiet area walking distance to all attractions, consists of 5 family suites, 4 jacuzzi suites (with gas fireplace), 10 doubles, 5 singles.

80 newly remodelled rooms with restaurant and conference hall. Almost $1 million in annual gross revenue. LOCATED RIGHT IN THE HEART OF THE CLIFTON BUSINESS DISTRICT. Only 30% down payment to qualified buyer.

236 BURGAR ST. $699,000 WELLAND: ZONED LIGHT INDUSTRIAL

19 MANCHESTER AVE. ST. CATHARINES 21 UNITS: $2,650,000

76 GENEVA ST.; ST. CATHARINES THE SKY'S THE LIMIT $699,000 0317_DJW_1_0018

FOR BUYERS ONLY

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FOR BUYERS ONLY

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FOR BUYERS ONLY

22,000 sq. ft. warehouse on 1.68 acres located in a residential area, 3 loading deck doors and 3 drive up doors, 20 ft., ceilings, easily sub-divided building, lots of potential and much much more.

Solid brick apartment building, rents are much lower than could be. Located next to all amenities and easy access to the QEW. Lots of parking.

Over 6,000 sq. ft. of Commercial/office/residential mix use in downtown area. Owner uses most of the building for personal use. Ideal for student residence upstairs and lower area. A real money maker.

FOR BUYERS ONLY

229 NIAGARA BLVD., FORT ERIE, $199,000 BUILDING LOT OWNER FINANCING Prime Development lot with unconstructed view of Niagara River and Buffalo. Huge 138 x 119 lot zoned commercial but ideal for semi or townhouse projects. Many possibilities, owner will hold mortgage for qualified buyer. FOR BUYERS ONLY

FOR BUYERS ONLY

48-60 GLENDALE AVE: NIAGARA-ON-THE-LAKE/ST. CATHARINES 1.7 acre commercial development site. Many possibilities, located across the street from General Motors, just down the road from the shopping mall across from White Oakes Tennis club in N-O-T-L. There is a diner in operation there now. The owner will hold the mortgage for a qualified buyer. FOR BUYERS ONLY

NEEDED:

905-641-1110

Tony Tripodi

cell: 289-241-6954

Broker

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

CATERING BUSINESS

INDUSTRIAL * COMMERCIAL * INVESTMENT

Niagara Peninsula

THOROLD

THOROLD LAND

Niagara Falls - Owner retiring. Here is an excellent opportunity to make money. Own a long established business, covering the Niagara Peninsula. Fully equipped kitchen & two vans included. Owner will train the buyer. List of functions already booked. Call today.

6 Plex consisting of 5 one bedroom apartments and approx. 3000 sq ft office and retail. Near shopping plaza, banking and on route to Brock University. Solid brick 2 storey building. Priced at $550,000. Call 289-241-6954 for further details.

Thorold - 5 acres. Suitable for townhouse or single home development. Across from Rolling Acre Village. Terms available. Asking $500,000.

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Please say you saw it in The Commercial Investor

10331793_0317

Apartments, Commercial, and Investment properties that show a good return outside the Niagara area, have over 10 cash buyers waiting.

Volume 17 Issue 01

Commercial Real Estate & Business Opportunities

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

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

(905) 641-1110 • (905) 563-3330 Toll Free (866) 575-9400 8494906_0317 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES Be your own boss! Turnkey Ma & Pa business. Landscaping, gardening, tractor sales & service, rental equipment. Owners ready to retire. over $750,000 gross sales past year, with this year well above that! Located on 2.2 acres with over 5500 sq ft of retail, warehouse and workshop area. Asking $499,800 Many possibilities for this 23 a c r e p a r c e l o f s a n d y, picturesque land. Located in the hamlet of North Pelham, just south of Jordan and only minutes to the Q.E.W. Great building lot for your dream home, quiet rolling countryside. Town gas and water. Presently planted to nursery stock. Owner willing to lease back property at $300 per acre. Super investment and future potential. Call today for country! $699,800

Neigbouring the prestigious Town of Jordan, lies this 48+ acre bench land property. Approx 16.5 acres of tile drained vineyards with 5 acres designated to orchards, berry and vegetable crops. Balance consists of a large pond, bush and headlands. Original 1835 homestead has been totally transformed and added on to boast just under 5000 sq ft of living space. Portion of the house presently a B&B or in-law suite with formal dining room, living room with open concept kitchen, 2 piece & 4 piece bath and large bedrooms. Main house has 3+ 1 bedrooms with two, 4 piece ensuites, plus a 3 piece bath, office, living room with fireplace, front family room, open concept eat in kitchen with granite countertops. Attached double car garage, attached greenhouse with mature fig trees. 55' x 25' pool room with inground concrete pool and hot tub. Detached board and batten 36' x 24' barn for grape pressing. This one of a kind property is certified organic and surrounded by Niagara's Escarpment and vineyards. Great winery site potential! Call for more info. Asking $2,495,000

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

Prime New Construction Retail & Office Space

0317_DJW_1_8003

For Lease

Vine and Carlton St. Catharines

Niagara Peninsula

Condo designated 9 units residential building. Some units completely renovated, others partially. 5 two bedrooms and 4 one bedroom. Excellent income. Steady long term tenants. Some rents below market value. Parking for 12 vehicles. Bus stop at front door. Central location. Headache free management. Sell one unit or all or keep for future price appreciation. St. Catharines is one of the fastest price appreciating areas in the Golden Horseshoe. Assumable good long term mortgage. Serious inquiries only.

1-888-984-8716 Brokers Protected

Sedimar Developments Ltd. Please say you saw it in The Commercial Investor

11307613_0317

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BUSINESS INVESTORS

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

BUSINESS INVESTORS

The perfect place to list all of your businesses opportunities

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Commercial Real Estate & Business Opportunities

Business Investor

Volume 17 Issue 01

9649286_0317

Pro Funds Mortgages • 1.888.330.3866 • info@profunds.ca • 3410 South Service Rd. Suite G5, Burlington ON L7N 3J5

Please say you saw it in The Commercial Investor

Volume 17 Issue 01

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.

Business Investor

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Pro Funds Mortgages • 1.888.330.3866 • info@profunds.ca • 3410 South Service Rd. Suite G5, Burlington ON L7N 3J5

Please say you saw it in The Commercial Investor

Mazhar Roshan Sales Representative

HomeLife Professionals Realty Inc.

Direct GTA Direct

BROKERAGE

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

Office

mazharroshan@sympatico.ca

8148414_0317

905.929.9800 647.609.9463 905.574.6400 DOLLAR STORE - $79,900

SALVAGE & WRECKING YARD - $899,000 ALSO AVAILABLE FOR LEASE

$149,900

Well established Dollar Store doing $7000 per week in sales and growing gradually. Lotto and Tobacco products just added. Good for family operation. Long lease and reasonable rent.

Well established auto related property and business with 4 bedroom house in Norfolk county, property includes, Salvage yard, Scrap business, 3 bay garage with 2 hoists, 3 bay separate garage with paint booth for body shop also 2 more building for storage or any other related use. Over 3 acres with MD zoning, call LBO for details. 0317_DJW_2_0041

Long established Pizza store doing over $10K per week in sales. Low rent & long lease, good for owner operator or big family. Rent is only $1731 (TMI included). For details & numbers please call LBO.

HAMILTON

PRIME CORNER LOCATION IN RAPIDLY GROWING AREA OF STONEY CREEK

BURLINGTON BUSINESS FOR SALE

Long established Pizza and Wings business. Doing over $50,000 sales per month, low rent and long lease, real money making business. Close to all amenities, schools and bus route. Good for big family or business oriented individual.

Mixed use. 2000 sq ft and 4 bedr and 2 bath residence. 2,200 store front plus 600 sq ft storage area with lots of parking. Full updated. Store has walk in cooler/freezer. Can be used for retail, convenient and take out restaurant. Close to bus routes, schools, QEW and proposed train station and Costco. 100's of new homes are coming this area.

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$1,299,900

PLAZA FOR SALE

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RE $3 DU 9, CE 90 D 0

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Located on Mountainside in Burlington. Business operates six days a week. 0317_DJW_3_0023

FOR LEASE - $20.00 PER SQUARE FOOT

D SOL ONAL I DIT N CO Fully leased plaza for sale. Net income $102,000. Anchor Location, location, location. Fully rented office retail commercial tenant Royal Bank, 30 minutes south of Hamilton. Cap rate building with some long leases in place. 2 properties under 6%. Call Mazhar Roshan for more details. one deed. NOI is over 83K. Close to all amenities and other commercial buildings. Buyers and their agents to do their due 0317_DJW_1_0085 diligence. For viewing and more details call LBO. 0317_DJW_2_0020

INVESTMENT PROPERTY - HAMILTON $249,900

Very busy location close to QEW, Home Depot & all other commercial businesses. 1100 sq. ft. retail space available. Good for office, storefront or any kind of business. TMI is roughly $8 PSF. Call LBO for viewing or more details. 0317_DJW_2_0006

VACANT LAND $3,500,000

I HAVE QUALIFIED BUYERS FOR YOUR BUSINESS

Great residential neighbourhood. Close to Centre Mall, school & shopping and all amenities. Recently updated bungalow. No carpet at all, newer kitchen with S.S. appliances, new ceramic. Lots of pot lights, freshly painted. Rented for $1400/mth. Tenant would like to stay.

CALL FOR INFORMATION

On Hwy #7 just before Ottawa. 150 acres of vacant land. Over a km facing on year round open gravel road. Property is surrounded by Thompson Lake in the town of Arden. All kinds of uses permitted. Call for more details. 0317_DJW_3_0006

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FOR LEASE - $1,700.00 PER MONTH

BURLINGTON FOR LEASE $20.00 PER SQUARE FOOT

d e s a

FOR SALE - STONEY CREEK

D L O S

1200 sq. ft. of retail commercial space in growing commercial 3932 sq. ft. of retail space, used to be a bar. Walk-in cooler, Live and work in this newly constructed unit. 1100 sq. ft. area of Hamilton. Good for office or all other commercial freezer & kitchen set-up with hood.Available immediately for retail unit plus basement and 1200 2 bedroom apartment uses. For viewing and other information please call LBO. lease. TMI is $8 PSF. For viewing & equipment list call Mazhar. upstairs. Close to highway, shopping, parks and on bus route. Call for details. 0317_DJW_3_0019

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legallyspeaking

WHAT IS A MINUTE BOOK and why do I need one? By Jayson Schwarz LL.M and Evonne Finnegan LLB

ost people operating businesses reach the point where they need to incorporate for a variety of reasons. Once the corporation is incorporated, whether federally or provincially, you need to keep certain records. These are evidence of the activities of the corporation and are usually subject to government review and audit to ensure you are in compliance. The book that this information is kept in is called a â€œMinute Book.â€? The reason is that the minutes of meetings are kept there and so the name.

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legallyspeaking

What is in a Minute Book? Here is a list of what to expect on original set up: The Articles of Incorporation; Bylaws, Initial Resolutions setting out officers elected, date incorporated, approval by laws, forms of share certificates, authorization re bills of sale etc, corporate seal, registered office, Consent to Act as Directors, Consent of Officers, Resolution of Shareholders electing Directors, Resolution of Directors electing Officers, Subscription for Shares, Resolution of Director re Allotment and issuance of Shares and relating Share Certificates, Resolution of Directors re Banking and Signing Officers with attached Bank account information, Resolution of Directors re Financial Year End, Resolution of Shareholders re appointment of Accountants and Exemption from Audit Provisions. Directors, Officers and Shareholders Registers. As you can see, a lot of things. After the initial set up there are certain Corporation events that should be recorded in these minute books and they include; changes of corporation directors, details of the corporation’s financial statements and filing periods, changes to the share structure or shareholder or securities changes, or any decisions to buy, sell or charge property and annual meetings to approve the corporation’s activities. Matters which are required to be recorded in the Corporation’s minute book include records of the minutes of the provincially required annual shareholders meeting. Small companies with one or two shareholders are permitted by law to sign resolutions approving the annual resolution – provided that all the shareholders of the corporation sign the resolutions. The Minute Book should also contain a record of special resolutions passed by the corporation’s shareholders. A similar requirement exists for keeping a record of directors meetings.

Other matters that should be recorded in a corporation’s Minute Book include all revenue filings, any change of address of the corporation, any change in directors of a corporation, including a list of past and present directors and the dates they become or ceased to become a director. Failure to maintain such records can result in significant fines some up to $25,000 and may prevent a corporation from maintaining proceedings in court. So apart from record keeping and Government compliance, why are the Minute Books of a corporation so important? Frequently, in corporate transactions, such as the assumption or provision of loans, the sale or purchase of property or the sale of business itself or its assets, lawyers are faced with blank stares from clients when they ask for the corporation’s up-to-date Minute Books in order to prepare for the closing. Business owners are more focussed on operating their business than maintaining their corporate books. Clients are often unaware of the existence of their Minute Book or the importance to maintain it regularly. Failure to have up-to-date records in the corporation Minute Books can lead to delay and increased legal costs when trying to get the deal done. The accuracy of the corporation’s minute book is vital as it is relied upon by purchasers, lenders and investors in these transactions. In certain instances it may be difficult to update a Minute Book where officers or shareholders have died, are untraceable, or when previous business partners have parted ways. Regular updating of the Minute Book, prevents any of these costly delays. It is never too late to start maintain your Minute Book records, and starting to do so now can prevent a delay in later business of the corporation. For further information on Corporate Law in Canada contact Schwarz Law info@schwarzlaw.ca or visit www.schwarzlaw.ca. Disclaimer: The articles provided herein are for general information purposes only and not intended as or to be relied upon for legal advice. Consult with a lawyer for your unique situation.

Jayson Schwarz LL.M is the senior partner at Schwarz Law LLP and Evonne Finnegan LLB (also of the Bars of Ireland, Northern Ireland, England and Wales) is the senior corporate associate

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businesssavvy

First steps to starting a small business What do entrepreneurs look like? By George Grignano and Will Townsend

he right attributes, a good idea, a plan to make it work and a way to finance your business is the formula to be followed to become successful. Here are some considerations: WHAT DO ENTREPRENEURS LOOK LIKE? Before you start your own business, be sure you have the personality traits that successful entrepreneurs display. The familiar characteristics of a successful entrepreneur include: OPTIMISM – entrepreneurs focus on solutions not problems PASSION – the quality that fuels their business and their personal lives PERSISTENCE – entrepreneurs keep going in times of adversity and stay focused on the end goal FLEXIBILITY – the ability to adapt to a changing environment EDUCATION – not formal education but a desire to learn and a drive to improve FOCUS – entrepreneurs focus on the big vision and recognize that short-term wins, although important, must add to long-term success.

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businesssavvy GENERATING A BUSINESS IDEA If this sounds like you, the next step to setting up your own business is to identify a gap in the market that your product or service will exploit. This is easier said than done and can be the toughest part of setting up your own business. To do this, ask yourself some searching questions. What services or products are missing from the market? Could you invent a new product? What do you dislike about existing products and services? Could you improve them? Using your own life experiences to inspire your ideas can help you spot business opportunities. This will also make you passionate about your product as you will be able to see and sell the benefits. Remember passion is one of the key characteristics of a successful entrepreneur. TURNING YOUR IDEA INTO A STRATEGIC PLAN Studies show that a significant amount of new businesses with no business plan fail within the first two years. The adage is true: fail to plan and you plan to fail. Your business plan reflects how you see your business developing and maps out how you intend to drive your business forward. Your plan should set out your product, your intended market, and your key financial targets such as projected sales and profits. FINANCING YOUR PLAN Your plan should also show the seed capital you need to start up and your day-to-day working capital requirement. It is vital that your assumptions and estimates are accurate and reasonable. Do this and you will be able to foresee any problems and resolve them before they happen. A robust business plan allows you and potential investors to see how your business may perform in the future. HERE ARE SOME WAYS FOR YOU TO FINANCE YOUR BUSINESS: ~ Investigate any government support such as grants or loans.

BEFORE DECIDING ON YOUR STRUCTURE, YOU SHOULD HAVE ANSWERS TO THESE QUESTIONS: ~ Is it important that you limit your personal liability? ~ Does your business need to meet any regulatory requirements that may have a bearing on your business structure? ~ How important is ease and set-up cost? One structure may be easier, quicker and cheaper than another. ~ Do you have an exit plan? If so, consider how the structure choices impact on your plan. The tax and accounting requirements you have to meet will depend on where you operate. Also depending on where you operate there may be government tax incentives so be sure to investigate this. Wherever you are and whatever your business, choosing how to structure your business is an important decision. It is worth seeking professional tax and accounting advice to help you make the right choice. Becoming a successful entrepreneur isnâ€™t easy. Most successful people will tell you there is no right or wrong way and that to be successful you must be willing to fail. If you have the right entrepreneurial characteristics, the right idea and structure your business the right way, youâ€™ll stand a good chance of succeeding.

~ Borrow money from a bank or other lender. ~ Ask for help from friends or family. ~ Look at equity finance, where you raise money from external investors in return for a share of your business. These investors will usually be venture capital firms or business angels. ~ Consider bootstrapping, a way of starting a business without external finance. This method is more strategic and focuses on creating cash flow, minimizing expenses and reinvesting profits. STRUCTURING YOUR BUSINESS How you structure your business will depend on what it is, how you finance it, and your long-term business goals. It will likely be a sole proprietor, partnership, franchise or corporation.

George Grignano, CA, is a Partner at KRP Kestenberg Rabinowicz Partners LLP. www.krp.ca, Accountants For Entrepreneurs in Markham, ON. Will Townsend, CA, is Senior Audit Manager with Cooney Carey in Dublin, Ireland. Both Firms are members of Russell Bedford International, a global network of independent firms of accountants, auditors, tax advisers and business consultants with offices in over 80 countries.

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SPOTLIGHT SECTION BROKERAGE

Phone: 613.966.9400

Steven Georgiou

FOR SALE $200,000

FOR SALE $425,000

Large in town home with a 1650 sq/ft workshop. Large corner lot with plenty FOR SALE Cell: (613)CAMPGROUNDS 391-1558 of parking and storage sheds out back. sgeorgiou@exitrealtygroup.ca MLS® #:404730073 www.exitrealtygroup.ca SALES REPRESENTATIVE

www.stevengeorgiou.com

Restaurant for sale, owner retiring. Successful restaurant in the heart of downtown Belleville, specializing in steaks and seafood. MLS® #: 404760032

CAMPGROUNDS FOR SALE AS A CAMPGROUND REALTOR, I WILL GIVE YOU THE EDGE EXTENSIVE BUYER AND SELLER DATA BASE

*Independently Owned & Operated 871 Dundas St., Woodstock, Ont. 519.539.5646

IF I DON’T HAVE IT, I WILL FIND IT

Dave Bratt Sales Representative

dave.bratt@century21.ca Cell: 519.532.5375

• • • •

169 SITES + HOME + RESTAURANT ... LAKE HURON 73 SITES + 2 HOMES + 8.5 ACRES ... WOODSTOCK 45 SITES + MARINA + HOME ... MITCHELL’S BAY NEW LISTINGS PENDING ... NIAGARA + LAKE ERIE

Dave Bratt

Sales Representative

dave.bratt@century21.ca THE COMMERCIAL INVESTOR SPOTLIGHT COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE! 519.532.5375 Woodstock: 871 Dundas St. | 519.539.5646

start your search here. 16G COM

11312340_0317

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BUSINESS FOR SALE

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85/87 MOIRA ST W BELLEVILLE

Whether you’re renting or buying, finding your next home has never been so easy.

11312437_0317

â€œWE PRODUCE RESULTSâ€?

Paul J. Szostak

Free CMA Evaluation

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

with this cut out ad

stakteam@gmail.com

LAND DEVELOPMENT / INVESTMENT / BUY & HOLD FUTURE

905-333-3500 0317_DJW_0036

1019 WILSON ST ANCASTER

Developers Delight Value is in the land and location!!! High density corner location. Double driveway. Located in heart of business area in Ancaster/Hamilton across from Smart Centre and future development site. MLS# H317442.

$2,995,000 0317_DJW_1_0048 BECKERS CONVENIENCE STORE Fantastic turn key business for this New Beckers Fresh and Ready Foods with approx. 70K per month/gross. Huge lotto sales and cigarette sales along with high walk-in traffic. Immediate posession available for the right entrepreneur! MLS# H3179171

NEW HOT PRICE $208,888 LAND AND BUILDING

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REDUCED $1,950,000 REDUCED $1,950,000 NEW PRICE for this excellent Ind/Mfg bldg that boasts approx. 6.2 acres. Bldg has leased areas with the opportunity to lease top level for office space. Priced to sell and a must see!! MLS# H3172917 TALBOT STREET CAYUGA 0317_DJW_2_0039

$158,888 "Builders delight" double lot (lots 15 & 16). Currently zoned residential single family with fantastic street view with some of the property bordered by a natural stream (Grand River Conservation) with beautiful views. Exclusive.

EXCELLENT HOBBY FARM 0317_DJW_4_0031 $7888,888

70+ ACRES

LAND AND BUILDING

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$998,888

D L O S HOT NEW LISTING Excellent farm or hobby enthusiast with over 70+ acres of rolling lands and beautiful stream/creek running the elevated lower lands. Great opportunity to build a private estate home located just minutes from golf course. A must see! MLS# H3191424

NEW LISTING Excellent opportunity for the right entrepreneur to use their talents to either set up as a repair shop or mixed use, auto sales, auto detailing. High visibility with high density traffic with excellent signage. Priced right for building & land. MLS# H3191403

0317_DJW_1_0034 TONY'S PIZZA WINGS & MORE Est. family bus for over 40 years. Spotlessly clean with a huge repeat clientele. Exc. opp to grow bus. Top of the link kit. chattels. Reduced to sell $108,888. MLS# H3182300

0317_DJW_2_0048 415 #6 HWY S HAGERSVILLE

ESTABLISHED FAMILY BUSINESS 0317_DJW_3_0036 BUILDERS DELIGHT Offering once in a lifetime very affordable Residential Rural Building Lot with all the necessary amenities within a ten minute drive. Also only minutes walk to the Waterfront and beaches of Port Maitland @ Lake Erie which can be viewed only a block away. This growing and developing area offers a huge amount of future growth and has been a non- stop growing place $65,777 uncovered by the 17th and 18th century history that follow Port Maitland and its creation thereof. Take a drive and experience the solitude of such a wonderful quaint and quiet area to be enjoyed by the lucky purchaser of such a wonderful Building Lot! 350 Lighthouse Drive. Exclusive.

$488,888 "Buy and Hold Investment Opportunity" Fantastic agricultural property consisting of 31.15 acres with two out buildings that can be used for multiple storage. Property has a possible severable lot, with possibility for commercial zoning as well. Home is being sold "AS IS". MLS# H3175073 0317_DJW_3_0037 SELLING DISTINCTIVE LIFESTYLES

$58,888 So come out on a nice Sunday or weekday drive to view the lake and walk the property. Over an acre of land and minutes to water, beach, Freedom Oaks Golf Club, public visitors parking area, and views of the historic Port Maitland. Only 5 minutes to beach area & only 5-7 minutes walking to golf course from these year round serviced roads to this building lot. 1.09 acres located at the corner of Johnson Rd & Lighthouse Dr. 416 Lighthouse Drive. MLS# H3169646 17G COM

MULTI-RESIDENTIAL SALE PACKAGE WINTER 2017

HAMILTON, ONTARIO

PRICE: $6,960,000 UNITS: 58+1 CAP: 5.0% 58-unit apartment building on major Hamilton arterial across from a 71-acre park.

GROVE TOWNHOMES SAULT STE MARIE, ONTARIO

PRICE: $8,160,000 UNITS: 68 CAP: 6.1% Townhouse complex in residential neighbourhood. All 3-beds. All tenants pay utilities.

BEN AMES

113-123 EMERALD ST S

HAMILTON, ONTARIO

PRICE: $8,190,000 UNITS: 68 CAP: 5.0% Apartment complex in quiet residential neighbourhood minutes from Downtown Hamilton.

335-341 BARTON ST E

HAMILTON, ONTARIO

PRICE: $4,700,000 UNITS: 32+4 CAP: 6.0% Mixed-use building with 6,800 SF commercial space in BIA corridor steps from the hospital.

P O R T F O L I O M A N AG E R E : B E N . A M E S @ F O R G E A N D F O ST E R .C A T: 905 517 6270

Forge & Foster makes no representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein shall be relied upon as promise or representation as to the future performance of the property.

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1083 MAIN ST E

Commercial Team In Canada! *

+ **

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

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DIXIE/HWY 401 PROFESSIONAL CONDO DEVELOPMENT

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MAIN/DANFORTH - MEDICAL CENTRE LEASE SPACE

LIMITED TIME! Excellent Terms for Family Physicians! Call Now Limited Time!

First class medical centre at Main/Danforth Subway. Office space available for private practice or physician clinic environment, turnkey, work on % of gross billing! Bldg includes pharmacy; radiology, ultrasound, medical labs; & physiotherapist! Free Rent period. $8/Sq Ft Net. Call George 416-554-7653. 0317_DJW_1_0118

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KENNEDY RD - RETAIL/ OFFICE SPACE

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EXCELLENT MARKHAM INVESTMENT

Steal of a deal! Price reduced $60,000 for immediate sale! Prime location in busy Dixie Park Centre with free parking! Two units, total 1,450 sq. ft., one with offices and reception area. Great for investor/user! Use one, lease the other! Must be seen! $258,800. Call Matt: 647-500-7708 or George: 416-554-7653 0317_DJW_0001

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MARKHAM LEASE OPPORTUNITY

Prime Markham lease opportunity, 19th Line/16th Ave location with Bur Oak exposure. 700 sq. ft. on main level. Great space for doctor, lawyer, accountant, variety store, hair salon, clothing store, a real estate office etc. $1200/month plus shared utilities with upper tenants. Please call Peter: 416606-7882. 0317_DJW_1_0036

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Prime ground level retail space in busy plaza just north of Steeles & Kennedy. Featuring 1,775 sf., rectangular-shaped floor space, one bath, Kennedy exposure, lots of parking! $16.95/Sq. ft. Net. Also, prime 722 sf office space, great signage! $24.85 sq. ft. gross. Call Matt: 647-500-7708

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

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LAKEFIELD FAMILY RESTAURANT

Turnkey operation, 8 years established, easy menu or add your own, fully equipped and includes pizza oven, seating for 68 + 48 patio, good lease terms+++ $248,900. Call Peter: 416-606-7882

PLAZAS PLAZAS PLAZAS PRINCIPALS ONLY

ATTENTION INVESTORS! 21%+ ANNUAL RETURNS!

• $18 Million – Major Bank and National Tenants!

• Single Family & Condo Developments

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

• Projected Returns Exceed 21% per Year

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

• RRSP, TFSA, LIRA++ Eligible

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• Partner with Top-Tier GTA Developers • Get Developer Returns! • Call George Politis 416-554-7653

11276415_0317

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

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

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Make a refreshing change this year and let your portfolio grow. Invest with integrity and a successful track record, where your interest is our FIRST PRIORITY. Mortgage investments from 6 to 14% annual return. BUILDERS, DEVELOPERS AND LAND OWNERS! We have funds for your development or project. Let an added value seasoned financier be your partner and ensure your success.

1.888.330.3866

www.profunds.ca

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