Mar 29 - Apr 26, 2014 Volume 14 Issue 03
INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! Income Property For Sale - Toronto Beaches Nets $105,600 - Asking $1,995,000 1314_DJW_0019
1314_DJW_0041
Stephen Losee, Broker of Record Wineva Realty Inc., Brokerage 416-690-6700 - stephen@wineva.ca
TWO APARTMENT BUILDINGS – GUELPH - $1,600,000 16 Suites – 2 side-by-side white brick 8-suite apartment buildings featuring 7 – 2-bedroom and 1 – 1-bedroom suites in each building. Both buildings have gas hot-water heating; separate hydro meters. Tenants pay own hydro, except 1-bedroom suites. Pitched asphalt-shingled roofs; terrazzo flooring in hallway and stairs. Controlled entry; ample parking. MLS Listings. For marketing brochure, contact: . Winston Davies, Broker of Record WinCorp Realty Inc., Real Estate Brokerage 45 Keats Crescent, Guelph, Ontario N1G 3B1 Tel: 519.836.2080 Fax: 519.836.2081 Email: wjmdavies@rogers.com
auction 1314_DJW_0071
FREE SUBSCRIPTION!
Get The Commercial Investor delivered directly to your door! See inside for details
FC_1314 (COM)
1314_DJW_0018
waterfront property (Lake Erie) 18132 Erie Shore Dr., Blenheim. To be sold onsite by public auction. Saturday April 19 at 12:00 noon. Details and pictures at www.gardnerauctions.com Gardner Auctions Inc. 519-685-2929
Apartment HOTEL FOR SALE ARUBA 8 unit apartment hotel for sale in Oranjestad, Aruba. 6,000 sq.ft with a mix of 2 x studio, 5 x 1-bedroom and 1 x 2-bedroom, each with full kitchen, dining area, washroom and private patio. Large salt water pool with palapas and lounge chairs. Located minutes from the beach, downtown core & airport. Already has an established customer base. John Paisley, Broker Midevco Commercial Realty Corporation, Brokerage 4031 Fairview St., Suite 204, Burlington, ON L7L 2A4 www.midevco.com www.john@midevco.com
COMMERCIAL OPPORTUNITIES
Situated along QEW corridor in Grimsby at Casablanca Blvd. 1100 sq./ft. Units starting at $264,900. Larger units available! Ideal for investors or end user. Surrounded by high density residential development with direct exposure to QEW and major anchors. 1314_DJW_2_0044
NEWLY LISTED - FOR SALE
$689,000 in Hamilton
Units for lease in brand new 3 storey building in Binbrook. Main floor and lower level, up to 15,000 sqft. available and can be divisible down to 800 sqft. Plenty of parking and high visibility on a major road, near school and shopping on a hard corner. Open your business here or relocate for better exposure. 1314_DJW_1_0028
FOR LEASE
PRICE REDUCED - FOR SALE
$21 PER SQFT PLUS $4 TMI/CAM
Over 3000 sqft. of retail/office space in prime location in Beamsville at main signalized intersection along the wine route with easy access to QEW corridor. 1314_DJW_1_0039
$374,900 IN HAMILTON
Location, Location, Location! 2000 sq ft Commercial Bldg situated on busy retail corridor adjacent to new Juravinski Hospital, Tim Hortons, RBC plus so much more. Public prkg out front, 3 private prkg spots at rear of bldg & public transport stop at street. Ideal for end user or investor. Many improvements. Call LA for more info.
1314_DJW_2_0018
FRANCHISES AVAILABLE:
*HomeLife Macro Realty Inc., Independently Owned & Operated
2G
$15 PER SQ FT PLUS $9 TMI/CAM
“ATTENTION INVESTORS AND/OR END USERS! Prime corner investment property with existing multi unit 5000 sqft. commercial plaza (divisible). Adjacent to busy gas bar and c-store. Situated at the corner of Tuxedo and Main Street. Many possibilities! Call Listing Agent for Details! 1314_DJW_0029
Brokerage
COM
“FOR LEASE”
Nicholas Kazan, Broker Nicolas von Bredow, Broker
905.574.3038 1.888.751.2229 www.HLCommercial.ca
11268720_1314
H O M E L I F E M ACRO
*
COMMERCIAL RETAIL/OFFICE CONDOMINIUM OPPORTUNITY
SOUTHWESTERN ONTARIO INVESTMENT TEAM
SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities A-Class Medical Office Campus Cambridge, ON
Vacant Commercial Sites London, ON
• 3 Premier buildings totaling 33,842 SF • 3 sites available • 4.44 acres of excess land for future development • Zoned Restricted Service Commercial • Asking $9,500,000 • Close proximity to Hwy 401 Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
Martin Cote* David Yanoshita* 519 340 2317 519 286 2020 martin.cote@cbre.com david.yanoshita@cbre.com
189 Adelaide Street
29 Townhouse Units
London, ON
Kitchener, ON
• • • •
Fully Renovated 3 bed units Ample amenities nearby Condo titled Offering Price: $5,800,000
Joe Benninger* CCIM Martin Cote* 519 340 2323 519 340 2317 joe.benninger@cbre.com martin.cote@cbre.com
Office Property For Sale Leamington, ON
133,661 SF Plaza on Hwy 7 Guelph, ON
• Tenants include McDonalds, Crabby Joe’s and numerous government offices • Additional development potential up to 40,000 SF • Offering Price: $18,900,000 Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
Martin Cote* 519 340 2317 martin.cote@cbre.com
High Profile Retail & Office Building London, ON
• 12,900 SF • Child Care Centre major tenant of 20 years • New renovations include a new HVAC, 7 year old roof
• 29,957 SF built in 2011 • Projected NOI: $650,437 • Highly visible dowtown location
Tim Schnurr* 519 286 2018 tim.schnurr@cbre.com
Tim Schnurr* 519 286 2018 tim.schnurr@cbre.com
Industrial Development Site Cambridge, ON
Free-Standing Tim Hortons Corunna, ON
• 5 storey, 62,511 SF medical/office building • Located in Uptown Leamington • Asking $2,950,000
• Outside storage permitted • Easy access to Hwy 401 • Rail spur on site
• Leased to TDL Group Ltd. - May.5/21 expiry • $73,191/year average Net Income • Asking $1,460,000
Brook Handysides* 519 946 3030 brook.handysides@cbre.com
Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com
Jack Cox** 519 286 2007 jack.cox@cbre.com
London 150 Dufferin Avenue, Suite 602 N6A 5N6 T 519 673 6444 F 519 673 6948
Waterloo Region 101 Frederick Street, Suite 810 N2H 6R2 T 519 744 4900 F 519 571 9315
Windsor 3200 Deziel Drive, Suite 110 N8W 5K8 T 519 252 4095 F 519 252 7554
* Sales Representative ** Broker
Barry Poley* 519 286 2015 barry.poley@cbre.com
www.cbre.ca
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services canadamapping@cbre.com; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
11266917_1314
COM
4G
COBOURG
• Asking $1,130,000 • Asking $94,167 per suite • Centrally located for easy access to all available amenities • Many capital upgrades completed within the last 10 years • Professional Management already existing • Tenants pay their own Hydro • Four Parking Spaces belonging to the building located in rear
• 3 x Bachelor 7 x One Bedrooms 1 x Two Bedrooms 1 x Commercial Retail • Surveillance Cameras & On-Site Laundry • 6.1% CAP 16.7% R.O.I. • Seller may consider a small VTB second mortgage • Treat as Clear • Call Dani Pizzoferrato for further details
TORONTO
• Asking $5,275,000 • Asking $138,816 per Suite • Located in a Quiet Residential Rental Neighbourhood in East York, close to Don Valley Pkwy and Danforth Ave • Capital Items in Good Condition • Thermo Windows • Storage Lockers Available
• 6 x Bachelors 25 x One Bedrooms 7 x Two Bedrooms • Upside Potential on Rents, Parking, and Storage Lockers • 5.2% CAP Rate • 18.2% R.O.I. • Treat Financing as Clear • Seller May Consider VTB to Qualified Buyer
NORTH YORK
• Asking $4,600,000 • 1 x Bachelors • Asking $153,333 per Suite 15 x One Bedrooms • Great Location Close to all 13 x Two Bedrooms Amenities; TTC Transit 1 x Three Bedrooms at Door • Property has some • Building Presents Well to Upside Potential Potential Tenants • 5.3% CAP Rate • Outdoor Surface Parking • 18.6% R.O.I. • Thermo Windows • Treat Financing as • Individually Metered Clear Tenants Pay Own Hydro • Seller May Consider a VTB to Qualified Buyer
11 Suites + 1 Commercial
38 Suites
30 Suites
LONDON
OSHAWA
LONDON
• Asking $1,575,000 • Asking $105,000 per Suite • Utilities Paid by Tenants Water Phased in on Turnover • Each Unit Contains its own Furnace and Water Tank • Tenants Supply Own Washer and Dryer • Property is Professionally Managed Without On-Site Superintendent
• 10 x 2 Bdrm Townhouses 5 x 3 Bdrm Townhouses • Each Unit has its own Basement • Property is in Desireable South-West London Location • 6.3% CAP • 25.5% R.O.I. • Treat as Clear • Buyer to Arrange Own Financing
15 Townhouse Units
• Asking $1,890,000 • Asking $90,000 per Suite • Three Storey Walk-up Located in Good Rental Neighbourhood • Each Unit has their own Hot Water Tank • Coin Laundry Produces Above Average Revenues • Roof Re-Shingled in Last 5 Years
• 10 x One Bedrooms 8 x Two Bedrooms 3 x Three Bedrooms • Potential Upside in Rents • Recent Renos include Some Unit Upgrades, Mailboxes, and Common Area Flooring • 5.5% CAP Rate • Ex. 1st Mortgage of Approx. $1,260,000 @ 2.99% for 5 Years to be Assumed
21 Suites
• Asking $2,875,000 • Asking $79,861 per Suite • Many Recent Upgrades Including Roof, Parking, Common Area Hallways, Unit Renovations • Professionally Managed Property • Located in North End of London, Close to University of Western Ontario
• 19 x One Bedrooms 17 x Two Bedrooms • Individually metered Tenants Pay Own Hydro • Outdoor Surface Parking • Upside Potential on Rents • 6.0% CAP Rate • 23.4% R.O.I. • Treat Financing as Clear
36 Suites 8172756_1314
5G
COM
CHARACTER POST AND BEAM BUILDING $499,000
LANDMARK PROPERTY $469,000
LOT SIZE: 42.0’ X Irregular. PROPERTY TAXES: $3,709 (est. 2013) ZONING: CG. Character property in the heart of Haldimand County. Incredible three storey brick building with post and beam construction. Circa 1800’s, plenty of pontential uses. Currently built out as Chiropractic Clinic on ground floor. Upper 2 flrs former apt. units. Approximately 3,000 sq ft residential space on 2nd and 3rd floors and 1,500 sq ft ground floor office/retail space. Sq ft approx - Buyer to verify. 0514_DJW_0081
14,300 square feet (inc. basement mezz.) LOT SIZE: 52.75’ X 176’ Irregular. PROPERTY TAXES: $9,073 (est. 2013). This post and beam construction building features approx. 15 ft of exposed flagstone foundation in basement. Upper floor is mainly open concept with many windows and ready to be renovated by the right creative user. Buyer to verify square footage, zoning and conduct environmental due diligence.
0514_DJW_0082 0514_DJW_0085
WELL EQUIPPED THEATRE/EVENTS CENTRE IN DOWNTOWN CORE $1,990,000
HIGH EXPOSURE, EXCELLENT ACCESS RETAIL LOCATION
SPACE AVAILABLE: 13,000 sq ft. LOT SIZE: 63.54’ X 137.25’ PROPERTY TAXES: $35,298 (Est. 2013). ZONING: D2. The Lincoln Alexander Center. Incredible opportunity in the burgeoning core of downtown Hamilton to own a flagship location. Potential for an events/convention centre, theatre, restaurant or all of the above. Currently has a large event room on 1st floor, cocktail lounge on 2nd and a large 0514_DJW_0083 theatre on 3rd.
Base Rent; $18.50 per S.F. Additional Rent: $7.00 per S.F. Space Available: 6,559 S.F. Zoning: HH. Prime exposure to high traffic along this power retail corridor with quick access to the expressway. Excellent frontage and sign exposure. Ground floor unit ideal for most retail uses. Former restaurant. Immediate possession. Abundant parking. 0514_DJW_0084
0514_DJW_0086
11283612_1314
EXT. 200
905-527-1144
robertmiles@wbmgnt.com
apostol@bbsrealty.com
HAMILTON QEW & CENTENNIAL PARKWAY - 45 GODERICH
Office/retail space in highly visible location at the corner of Centennial & Barton. Plenty of parking, signage in high traffic area. Close to the QEW and Red Hill Parkway.
Office building with high visibility and easy highway access. 1238 sq. ft. corner unit available from $11.00 per sq. ft. net featuring several offices and boardroom with great natural light. Building includes plenty of parking & signage.
1314_DJW_2_0028
905-777-0252 ext 304 E-mail:
info@desantis.com
www.desantis.com 6G
EXT. 300
HAMILTON 247 CENTENNIAL PARKWAY N.
Units available at 1338 & 4150 sq. ft. with rent from $13/sq. ft. net. TMI $7.50/sq. ft.
COM
Evan Apostol, SALES REPRESENTATIVE
1314_DJW_1_7007
8148088_1314
Robert Miles, SALES REPRESENTATIVE
SILVESTRI INVESTMENTS EXCELLENT DEVELOPMENT & INVESTMENT OPPORTUNITIES
Fort Erie - Garrison Road Approx. 50 Acres of Land Draft Plan Approved Property
Hamilton - Twenty Road Approx. 49 Acres South of Upper Wentworth
Cambridge - Branchton Road and Morrison Road Approx. 280 +/- Acres Between the Two Properties N
309 South Pelham Road Welland, Ontario
Simcoe - Draft Approved Land, Building Lots & Vacant Land Harvest Glen Ph. 3 Lots Available Phase 5 Lots Coming Soon! Beautiful Location!
Niagara Falls Two Parcels: 64 and 25 Acres on Garner Road
Welland Approx. 14.5 Acres South Pelham and Webber Road
FLORIDA CONDOMINIUMS IN NEW SMYRNA BEACH
NEW CONSTRUCTION STARTED ON BUILDING 19 Reserve Your Unit Today! www.oceanwalk-condos.com
RE/MAX Escarpment Realty Inc., Brokerage Independently Owned & Operated
Paul Silvestri - Sales Representative Direct: 905-521-1144 Office: 905-545-1188 paul.silvestri@silvestri.ca • www.silvestri.ca
11102630_1314
7G
COM
Commercial, Real Estate & Business Opportunities 10228647_1314
Bill Bradley Sales Representative
416.258.6866
Independently Owned & Operated
exitwithbill@gmail.com
Unit 2, 1240 Speers Rd., Oakville ON 905.815.9900
COMMERCIAL, INDUSTRIAL, RETAIL PROPERTY 1314_DJW_0079
Over 1/2 acre of choice property on busy Speers Rd. With approx. 3000 sq ft with main and lower level offices, bathrooms and shop. Also a storage building at the back of property. Approx. 600 sq ft. The land is okay for outside storage. The property is approx. 50 years old and was built and owned by the present owner. Renovate or build new - Your choice.
1314_DJW_3_0069
1314_DJW_0078
600 SQ FT. STORAGE BUILDING
HOME BEING BUILT TO LOOK SOMETHING LIKE THIS
1429 Speers Rd.
If you are interested in Buying a Retirement Home? please email Bill Bradley for prices that range from $1,000,000 to $15,000,000
A spectacular luxury, elegant, executive custom built home is being built in West Oakville on a large 95’ x 180’ lot. Approx. 6 bedrms (2 master bdrm), 6 fireplace, walk out lower level to a huge pool with wall of windows looking out to a beautiful garden. Approx 7000 sq ft including the lower level. If you would like to buy it before it is finished to get some of your own ideas involved in the completion of the home and property, please call Bill Brandley at 416 258 6866.
Also I can get you some strip plazas that range from $1,000,000 to $15,000,000 in the province of Ontario for Buyers only. 8G
COM
8155064_1314
9G
COM
NEW FRANCHISE OPPORTUNITIES
BEAMSVILLE, OSHAWA & OTHER LOCATIONS ACROSS ONTARIO
www.crabbyjoes.com 8302229_1314
For More Information: 1.877.272.2952 • development@obsidiangroupinc.com
LOCATION, LOCATION, LOCATION!!! • Newly renovated office space, luxurious board rooms and furnished offices ready for use. • Seconds to Hwy 401 & Hwy 404. Storage space also available, up to 10,000 sq. ft. • Customizable for your needs. Short term or long term. Plenty of parking on premise. Please contact Chahe at chahe@vhldevelopments.com 416 391 4870 ext. 231 11285286_1314 10G COM
Volume 14 Issue 03
1
Commercial Real Estate & Business Opportunities
Featuring the best selection in industrial, commercial and investment opportunities REAd By OvER 100,000 BuSiNESS REAdERS!
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Commercial Real Estate & Business Opportunities
special features 6 Treb reporT — GTA commercial realtors report latest commercial market figures 20 In The news — Canadian small business lagging in online presence: Internet Factbook 32 Money sense — how to buy an investment condo By Wayne Karl
36 busIness sAvvy — Financing your business? 42 busIness sAvvy — Is your small business vulnerable to fraud?
42
52 busIness bAroMeTer — small business confidence dips slightly in March 54 busIness sAvvy — Merchants have rights with credit and debit payments 58 busIness sAvvy — Mortgage regulators make knowing the rules a little easier for brokers
Glossy section editorial 14G leGAlly speAkInG — Commercial lease agreements: why landlords need lawyers By Jayson Schwarz and Konstantine Chatzidimos
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Volume 14 Issue 03
Volume 14 Issue 03
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Commercial Real Estate & Business Opportunities
Volume 14 Issue 03
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Kitchener, Waterloo & Guelph section COverIng: Cambridge • Durham • Elora • Fergus • Guelph • Kitchener • Waterloo For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 14 Issue 02 03
5
Royal LePage
519-745-7000
Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9
Mike Milovick B.B.A., Sales Representative
CI@TeamMilovick.com
fax: 519-489-1333
www.TeamMilovick.com
8302191_1314
Grand Valley Realty bRokeRaGe independently owned and opeRated
Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
Invest in Ontario’s Number 1 Town Today!
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 8 COLUMBIA STREET WEST • $156,000+ Gross Annual Income • Purpose built building • 7 plex, 28 students • Picture on my website, www.teammilovick.com • MLS $
1,799,900
1314_DJW_1_0027
52 NOECKER STREET, WATERLOO
975,000
465 HAZEL STREET, WATERLOO
$
$
• $82,000+ Gross • Newer, purpose built • 15 Student Triplex
• Easy Walk to UW/Uptown • 90 Walk Score 1314_DJW_2_0057
• 423 TAMARACK DRIVE, WATERLOO
429,900
579,900
569,900
$
• $48,000+ Annual Gross Income • Desirable 5 and 4 bedroom layAvailable! outs close to both Universities • 9 student city-approved, rental • Spacious bedrooms, two car garage licensed property for landlord or tenant storage. 1314_DJW_3_0018
• $44,000+ Gross • Classic Student Triplex • Extensive Fire Retrofits
426 TAMARACK DRIVE, WATERLOO
• Good clean tenants • MLS*
429,900
1314_DJW_1_0021
• $35,000+gross annual income • 4 bedrooms upstairs, 3 bedrooms downstairs • Fully licensed, city approved
• Long term Rental Potential • ESA and HVAC Certificates 1314_DJW_1_0058
144 ERB STREET WEST, WATERLOO
$
$
• $35,700 Gross annual income • 7.16% yield with 20% down • Nearly $7,000 positive cash flow after debt service
29 YOUNG ST. W. WATERLOO
• Huge backyard • Easy walk to both universities. • MLS*
419,900
$
1314_DJW_1_0020
• $39,000 + Potential Gross Income! • Desirable 5+2 Bedroom Layout • Steps to Waterloo Park, Easy Walk to Universities • Walk score of 87 • 5.77% Cap • 7.26% Cash on Cash • Over $7,000+ Potential Cash Flow • MLS*
1314_DJW_2_0019
130 MARSHALL STREET, WATERLOO
395,900
325,000
$
$
• Opportunity abounds! • $26,000+ Gross Annual Income • Increase bedrooms in home!
• Expand footprint for more rooms! • Popular Student Street • MLS* 1314_DJW_1_0022
• $36,500+ Annual projected gross • $9700 positive cash with 20% down
• Desirable 3+3 layout • City approve, rental licensed • MLS* 1314_DJW_0054
274,228
$
• Four bedroom turn key rental • Unique, authentic uber cool loft
2-455 ALBERT STREET, WATERLOO
264,900
$
• $24,000 potential gross • Within 800 M to proposed LRT • Freehold, Licensed Investment
• Four student, turnkey operation • MLS* 1314_DJW_0055
249,900
$
• $26,000+ Gross Annual Income • Leases in place until at least August, 2014 • City Approved, Class D Rental Licenced Property • Close proximity to student staples: coffee, pizza, beer stores, four bus routes • MLS* 1314_DJW_3_0017
• Quick walk to WLU • 97 Walk Score • MLS* 1314_DJW_0056
4 535 PARK ST., KITCHENER
13.00 PSF
$
• $13.00 PSF • 1076 Sq ft • Across from the General Hospital
Please say you saw it in The Commercial Investor
• Great for Dentists • 3 exam rooms, plus office • MLS* 1314_DJW_2_0072
6
Volume 14 Issue 03
Commercial Real Estate & Business Opportunities
trebreport
GTA commercial REALTORS report latest commercial market figures
T
“There were fewer lease agreements signed for larger industrial spaces this past orontoReal Estate February in comparison to the same period last year. It is important to note, however, Board Commercial that leasing activity can be volatile on a month-to-month basis. With that being said, Network Members the overall average lease rate for industrial properties was up slightly in comparison to last year,” said Commercial Committee Chair Cynthia Lai. reported 368,513 square The average industrial lease rate in February 2014 was $5.26 per square foot net – feet of leased space up by 1.2 per cent compared to $5.20 in February 2013. Average lease rates were also through the TorontoMLS up for the commercial/retail and office segments of the market. While market forces system in February 2014, for accounted for some of the commercial/retail and office increases, a change in the properties leased on a per mix of properties leased, in terms of size and geography, also impacted the annual square foot net basis where rates of growth. The number of combined industrial, commercial/retail and office property sales in pricing was disclosed. This February 2014 remained in line with the number of transactions reported during the result was down by 17 same time period in 2013. There was a total of 48 sales reported this year, for which pricing was disclosed, compared to 51 sales in 2013. per cent in comparison The year-over-year change in average selling prices on a per square foot basis was to February 2013. The The industrial selling price in February was up substantially in comparison to industrial market segment, mixed. the same period last year, whereas the average prices for commercial/retail and office which accounted for more properties were down. than three quarters of the “The share and geographic location of industrial sales over fifty thousand square feet square footage leased, was was different this past February compared to 2013. This accounted for the large the driver of the year-over- year-over-year change in the average industrial selling price. Average industrial selling prices for smaller size categories were similar on a year-over-year basis,” year dip. continued Ms. Lai.
February 2014: Per Square Foot Net Commercial Leasing Summary Lease Transactions Completed on a Per Square Foot Net Basis with Pricing Disclosed on Toronto MLS
February 2014: Commercial Sales Completed with Pricing Disclosed on TorontoMLS
Leased Sq. Ft. (Price Disclosed, Per Sq.Ft. Net)
Sales (Price Disclosed)
Feb 2014
Feb 2013
% Change
Industrial
283,957
367,204
-24.5%
Industrial
Commercial
41,446
31,955
29.7%
Commercial
Office
43,110
36,194
19.1%
Total
368,513
444,353
-17.1%
Avg. Lease Rate
Feb 2014
Feb 2013
% Change
9
19
-52.6%
31
19
63.2%
Office
8
13
-38.5%
Total
48
51
-5.9%
Avg. Sale Price Per Sq. Ft. (Pricing Disclosed) Feb 2014
Feb 2013
% Change
Feb 2014
Feb 2013
% Change
Industrial
$93.67
$47.26
98.2%
Industrial
$5.26
$5.20
1.2%
Commercial
$22.48
$16.12
39.4%
Commercial
$258.65
$299.10
-13.5%
Office
$14.05
$12.30
14.2%
Commercial
$155.26
$227.50
-31.8%
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7
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
Volume 14 Issue 03
The Cliff Rego Diamond Award Winning Team:
• Placed Top 20 in Canada* • Top 1% in the world for RE/MAX** *Re/Max International Statistics 2012 **For markets with population of 50,000 to 150,000
519.740.7222
CLIFF REGO BROKER
Real Estate Centre Inc. Brokerage
519.623.6200
Each office independently Owned and Operated
$324,900 Great location - quick and easy access to major roadways. First unit in complex has good street exposure. 3 parking spots, but huge available customer/clinet park$5.00/SQ. FT. ing. Easy front & rear access off Randall. Industrial one zoning (l1) offers extensive use possibilities. Tenant is month to month. North exposure. No balcony. No pets High visibility - extensive traffic exposure. Quick & easy access permitted. Monthly fee $475. This includes: water, landscaping/snow removal, to major roadways. Zoning permits office, warehouse, whole® maintenance, building insurance and parking. MLS® 1490864 1314_DJW_0016 sale, vehicle sales & service, etc. MLS 1411335 1314_DJW_1_0055
$68,500 Cracovia European market & deli. Great location - high density neighbourhood, high exposre plaza. Extensive product selection for diverse clientele. Loads of parking in the plaza. Excellent customer draw by other business as well as dedicated clientele. Price includes equipment and stock, with a new meat counter ($7000). MLS® 1490679 1314_DJW_0017
$192,500
$8.00/ SQ. FT.
11269765_1314
Situated in high traffic area. Offering abundant parking! Great opportunity w/loads of space & lrg windows providing abundant natural light. Space includes office areas, kitchenette, bathrooms & lrg open concept area. MLS® 1490626. 1314_DJW_2_0062
Restaurant, Variety Snack Bar, Speciality Shop, with many more possibilities! Great money maker or start/ move your business and have income! Tenant upstairs looking to stay long term. Many updates! Ap$9.41/SQ. FT. GROSS prox 1900 sqft building plus Turnkey auto body operation. Complete, modern, fullybasement. Live-Work also a equipped auto body facility. All new equipment in 2013. possibility. MLS® 1490438 Loads of secure parking. MLS® Colby. 1314_DJW_1_0012 1314_DJW_1_0013
11285345_1314
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Volume 14 Issue 03
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge 8331512_1314
Please say you saw it in The Commercial Investor
9
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
Volume 14 Issue 03
8171433_1314
Please say you saw it in The Commercial Investor
10 Kitchener/Waterloo Guelph & Cambridge
Albert Fish Associates Limited R e A L e s tAt e b R o k e R A g e
Kenneth G. fish, Broker of record
Volume 14 Issue 03
11270688_1314
Commercial Real Estate & Business Opportunities
for lease Guelph
1.866.822.4066 SAVE MONEY Interior finished 14 tanning beds in place Negotiate your lease Start business
1314_DJW_1_0004
DINER RESTAURANT WANTED Reports indicate diner would be successful. End cap available for lease +/- 2,500 sq. ft. Patio 15 feet x 70 feet
1314_DJW_2_0024
TeAm AmiT Airi
Amit Airi
FULL SERVICE - RESIDENTIAL COMMERCIAL & INVESTMENT
Broker, B. Science, D. Pharmacy
Off:
519.623.6200
te a m a m i t a i ri @ g m a i l . c o m BrAnd new Building
18 stacked townhouses. Building has 78 rooms, 42 bathrooms. Free cable and WIFI to each individual room and building is almost fully rented. Approximately $480,000/yr rental income with a cap rate of 6.7%. An excellent investment property, close to Conestoga College and 401 in Kitchener. mlS #1490173
Please Call for details! $5,499,900
new PlAZA TO Be BuilT!
Now leasing for 2015! New plaza to be built in high end residential area w/ high traffic count. Opposite Catholic and public schools. High rises with approx 250 units to be built across the street, one high rise already being built. Ideal location for medical services, pharmacy, dentist, convenience store, food franchise. Large 3500 sq ft day care already tenanted. Lease rate of $19.95 plus CAM. MLS Exclusive
BUSINESSES FOR SALE Laundromat 69,000 - MLS/Excl. Taxi Companies $ 299,900 - MLS #1394737 $ 399,900 - MLS #1394946 Financials available for qualified buyers Please call Amit for details! $
RE/MAX Real Estate Centre Inc., Brokerage 766 Hespeler Road Cambridge, ON N3H 5L8 Independently Owned & Operated
|
W W W. A M I TA I R I . C O M
8148789_1314
COMMERCIAL PROPERTIES inSTiTuTiOnAl ZOning $399,900 Great location near 401, Conestoga College, golf courses and minutes to Cambridge. Gorgeous 4.5 acre treed lot with 2.5 acres of open land. Rare 580 feet of frontage great for home based business. The 3800 sq ft building can be renovated to a nice large residential home or a 2300 sq ft home with large separate workshop/storage. Opportunity for investors to build a brand new luxury home. Current house has a huge finished basement with hall and kitchen and walk up to grade. Many options available to the right person. To discuss this opportunity further please call. mlS #1490529
reSidenTiAl & COmmerCiAl $349,900 Excellent opportunity to own an income generating investment property with mix residential and commercial zoning, recently renovated from top to bottom. Huge lot, main floor commercial is leased for $1000/month, upstairs large 2 bedroom apartment is leasing for $1200/month, 80’ X 160’ lot. Please call for details. mlS #1490079
TruCK rePAir SHOP $949,900
Attention Transporters: great opportunity to own a business with property. Well established business comes with all the equipment to run truck tire sales & repairs. One acre property with 5,000 sq ft. built area located on great location with easy access to 401. Zoning allow outside storage. Outdoor parking. Excl./MLS
STriP PlAZA $749,900 Excellent investment opportunity! Commercial and residential mix. Commercial plaza consists of 3 Commercial stores, four apartments and single detached house. Rare Cap Rate 8.5%. mlS #1490125
reSidenTiAl lOT FOr SAle - $169,900 Residential lot for sale in central location in Cambridge. Large lot is 58’x130’. Fully serviced. Great oppurtunity! Call for more information. mlS # 1490125
CAr lOT FOr SAle” Price is $349,900 Priced to sell! Car Lot with two bay garage and office located on one of the busiest roads in Kitchener with excellent location, great exposure and many new upgrades such as new furnace and exterior work. Parking for 25 cars. Close to new planned LRT terminal. mlS #1490462
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11
Commercial Real Estate & Business Opportunities
0914_DJW_0097
4-6 KING STREET SOUTH WATERLOO
25 YOUNG ST E WATERLOO
$599,900
• Investment Property - 7,900SF • Main floor commercial Tenant • 2nd Floor long term residential Tenant • 3rd floor available unit for owner to live or for rent
Stunning property in the heart of Uptown Waterloo with plenty of parking in the rear. Tastefuly converted office space meticulously maintained with tons of character and curb appeal. Features two floors of office space with high end finishes and a walk-out basement ideal for file storage. Fully equipped kitchen on the second floor as well as spacious three piece bathroom. Unique opportunity!
D
450 FREDERICK STREET, KITCHENER
BUSINESS FOR SALE OL
$9.50/SF
• Rim Park Skate Shop • Waterloo, ON • Owner Retiring • $99,900 • Great hours; part time hours, opportunity to increase sales
$359,900
Great exposure on King Street located directly beside Tim Hortons on main arty of St. Jacobs. This 3 bedroom 2 bathroom home features large principal rooms, oversized attached garage, fully fenced lot, newer furnace. M-5 zoning allows for many commercial uses.
FREDERICK MALL, KITCHENER
0914_DJW_3_0039
0914_DJW_0098
S
1223 KING STREET ST, JACOBS
Various square footages available from 400SF to 5,100SF, elevator, onsite parking, on expressway, Landlord will renovate to suit for qualified Tenants.
0914_DJW_1_0104
0914_DJW_1_7075
S
D L O
6000 sq. ft. restaurant situated on .87 of an acre lot zoned C-6. Ideally located on main artery close to downtown Kitchener. Seating for 400 patrons plus 85 seat patio. Features ample parking, fully operational kitchen and great exposure.
0914_DJW_1_0061
• For Sale: 1.395 M • Thornbury, ON • Existing Gas Bar • Re-development
0914_DJW_2_0078
Great location in the heart of Downtown Kitchener. Featuring 6,400 sf of main floor retail space and 10,800 sf of upper office space together with 4 bachelor apartments, situated on a high traffic intersection, and fully leased. Asking $1,799,900. MLS.
$869,900
$1,295,000
0914_DJW_2_0057
1458 WEBER STREET E., KITCHENER
$1,799,900
0914_DJW_1_7777
MIXED USE BUILDING IN DOWNTOWN KITCHENER
• Retail units and Pad Site available • Mall undergoing extensive renovations • On Bus line • On Expressway • Join Valumart, CIBC, Dollarama and many more
D SE DUMFRIES INDUSTRIAL NORTH A E Close to Guelph, Tim Hortons. Ideal for restaurant ForL sale: $2.2M. 15,000SF - fully leased. On 4
PORT ELGIN
ROCKWOOD, ON
For lease 2,400 SF, only unit in 30,000 SF plaza, former Curves space, excellent location, unit in great condition
& services uses. Pre-leasing.
acres, backs onto Hwy #401 11283607_1314
RYAN BRIGGS
DUNCAN McLEAN
SALES REPRESENTATIVE
CELL
519.498.5775
Ryan@cmarealty.ca
SALES REPRESENTATIVE
KITCHENER, ONTARIO
519.578.0337
CELL
519.590.7997
Duncan@cmarealty.ca
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Kitchener/Waterloo Guelph & Cambridge
Volume 14 Issue 03
12
Volume 14 Issue 03
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
Whitney & Company Realty Ltd., Brokerage
Leasing OPPORTUniTies 150 KING STREET SOUTH, WATERLOO
• Freestanding building in downtown core • Perfectly suited for live-work space • 1,450 sq. ft. over two floors • $2,500/month net
MLS 0914_DJW_0015
92 KING ST. S., WATERLOO
• Great open concept 2nd floor space • Own private entrance • 2,032 to 4,065 sq. ft. • Located in heart of uptown Waterloo
MLS 0914_DJW_1_0028
MLS 0914_DJW_2_0058
• 1,049 sq. ft. retail/office space • Great exposure on roundabout • Ample, free on-site parking • $19.95 psf net
MLS 0914_DJW_1_0038
• 2,000 to 12,670 sq. ft. available • 2nd floor commercial/office space • Prominently located at King & University • $18.00/sq. ft. net
MLS 0914_DJW_0016
• 1,227 sq. ft. retail unit • Great location south of University & Weber • Join Money Mart, Wendy’s & Insight Eye Care • $25.00/sq ft net
• 686 & 2,250 sq. ft. retail/office units • Located on public transit. On-parking. • Convenient location • $2.50 & $7.45/ sq. ft. net.
MLS
• 1,465, 1,482, 1507 sq. ft. retail/office • Brand new building • Patio space available with end unit • $20.00/sq ft net
2 KING ST. N. # 6, WATERLOO
MLS 0914_DJW_1_0048
James Craig, sales Representative james.craig@whitneyre.com ext 259
MLS 0914_DJW_1_0037
105 OAK PARK DRIVE, WATERLOO
0914_DJW_3_0046
• 1,109 sq. ft. retail/office unit • Street frontage onto Erb Street • Great location in Uptown Waterloo • $16.95/sq ft net
MLS 0914_DJW_1_0019
101 HAZELGLEN DR, KITCHENER
239 WEBER ST. N. #2, WATERLOO
150 WISSLER RD #3, WATERLOO
• 1,000 sq. ft. unit in plaza • Could be restaurant, retail or office use • Great plaza location with onsite parking • $16.95/sq ft net
• 820 - 9,605 sq. ft. retail/industrial units • New owner - improving property • Great access to Hwys 7, 8 & 85 • From $6.00 per sq. ft.
260 DOON SOUTH, # 8, KITCHENER
258 KING ST. N, WATERLOO
501 KRUG ST, KITCHENER
• 839 & 2,724 sq. ft. office • Busy Krug Plaza location • Onsite parking • From $10.00/sq ft net
1595-1601 VICTORIA ST. N. KITCHENER
MLS 0914_DJW_2_0047
646 ERB ST. W. # 107 WATERLOO
MLS 0914_DJW_1_0049
• 2,523 sq. ft. retail/office unit • Great opportunity in fast growing area • Adjacent patio included at no charge • $28.00/sq ft net
Matthew Dickson, sales Representative matthew.dickson@whitneyre.com ext 261
11264450_1314
MLS 0914_DJW_1_0050
519-746-6300
although the information contained within is from sources believed to be reliable no warranty or representation is made to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Whitney & Company Realty Ltd., Brokerage.
Please say you saw it in The Commercial Investor
Volume 14 Issue 03
13 Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
Whitney & Company Realty Ltd., Brokerage
INVESTMENT OPPORTUNITIES 185 GLASGOW ST, KITCHENER
41 CONROY CRESCENT, GUELPH
• Freestanding building in Belmont Village • Corner location, ample parking, pylon signage • Leased to April 2015. NOI $72,000 per annum MLS • $1,395,000 0914_DJW_1_0053
416 LANCASTER ST W, KITCHENER
• 21 unit apartment building • Condo titled • Recently renovated, fully leased • New Price $2,890,800
• Centrally located 20 Unit, 5 storey walk-up • Many capital improvements completed • On site parking • $2,400,000
689 DOON VILLAGE RD, KITCHENER
MLS 0914_DJW_1_0029
• 4 storey Brownstone stacked townhouses • 17 units on 0.30 acres • Brand new carefree investment - rent upside • $3,500,000
261 FREDERICK ST., KITCHENER
MLS 0914_DJW_1_0052
90 DOON VALLEY DR., KITCHENER
• Purpose built 10 bedroom student rental building • Less than 5 min walk to Conestoga College • NOI $42,268.87 per annum MLS • $629,900 0914_DJW_2_0055
300 BRIDGE ST. E, KITCHENER
• One of the largest parcels of employment lands in K-W. Services available. • Single user or industrial subdivision MLS • $10,500,000 1314_DJW_0072
• Renovated & fully leased tri-plex • Main floor commercial unit • Residential upper levels • New Price $459,000
87-93 CEDAR ST. S, KITCHENER
MLS 0914_DJW_1_0054
• 4 storey Brownstone stacked townhouses • Brand new 36 units on 0.50 acres • Seller to convert to condo prior to completion • $6,700,000
159 CHURCH ST., KITCHENER
• Completely renovated 6-plex • Onsite parking • Fully leased • New Price $775,000
excL 0914_DJW_0012
47 CHARLES ST. E., KITCHENER
MLS 0914_DJW_2_0053
• Recently renovated 6-plex • Walking distance to downtown core • Separately metered utilities • New Price $649,900
15 KAPPELE CIRCLE, STRATFORD
• 23 unit, 3 storey walk-up • Good mix of unit styles • Stable Stratford rental market • $2,000,000
excL 0914_DJW_0011
MLS 0914_DJW_0013
27 RIVERVIEW PLACE, KITCHENER
MLS 1314_DJW_0073
• 3.63 acres industrial land • In prestigious Grand River Busienss Park • Located just off Victoria St. N. Kitchener • $671,550 ($185,000 per acre)
MLS 1314_DJW_0074
8157182_0914
John Markou, Sales Representative john.markou@whitneyre.com Ext 242
Christopher Coupal, Broker, CCIM christopher.coupal@whitneyre.com Ext 238
519-746-6300
James Craig, Sales Representative james.craig@whitneyre.com Ext 259 Although the information contained within is from sources believed to be reliable no warranty or representation is made to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Whitney & Company Realty Ltd., Brokerage.
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14
Commercial Real Estate & Business Opportunities
Volume 14 Issue 03
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 information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
A 9/18 Hole Hybrid Golf Course located in Tobermory on the Bruce Peninsula, a very busy tourist community with 2 National Parks, shopping, 2 marinas, boat launch, beaches, Park’s Canada Tourist Centre, and is Canada’s #1 destination for Scuba Diving. The 1500 sq. ft. Club house has Pro Shop, plus restaurant and double the space in lower level with owner/operator suite and storage. 1000 sq. ft. deck accommodates both golf & restaurant traffic. Member locker and cart storage. Large maintenance building. 100 acres in total - 70 acres currently maintained with remainder developable for future revenue potential. Mini Putt and Driving Range, 7 ponds - 4 supply water needs for the course.
1314_DJW_2_0026
1314_DJW_1_0025
CORNERSTONE GOLF CLUB $995,000
1314_DJW_5_0028
1314_DJW_2_0027
LIONS HEAD INN - $619,000 Ideal central Bruce Peninsula location, this pub/ restaurant/inn is located in a growing tourist community. Open year round, this establishment caters to locals, summer cottagers, tourists, Bruce Trail Hikers, boaters, and winter snowmobilers. This is a well established (since 1996) country inn. The restaurant, dining area, patio and pub area seats 104 people. There are four guest rooms in the tradition of an old English Pub. Liquor license and special events menus. The covered outdoor patio has a view of the Lions Head Harbour & Marina. There is also an enclosed patio, ideal for cooler summer evenings. History of revenue growth. Turnkey operation... business, building, land and chattels.
1314_DJW_2_0030
1314_DJW_2_0029
INNISFREE B&B - $699,000
Successful, established B&B in the Tobermory Harbour on the Bruce Peninsula. Attracting guests from all over the world and boasts full occupancy during the busy summer months. Views of Tobermory, the International Harbour, the Chi-Cheemaun and Georgian Bay are STUNNING! Upgraded living quarters include 2 bedrooms offering incredible views, walkouts to upper deck and share an uspcale 3 pc bathroom. Three other bedrooms have their own individual 3 pc ensuites. Large sun room/dining area in front overlooks the harbour. Beautiful stone fireplace rounds off the comfortable great room. Kitchen is huge, well laid out and recently renovated. The 1 room Bunkie or the garage with 2 bedrooms, kitchen, living area and 4 pc bath are ideal for owner/operator living or additional income. Touches 2 streets.
FERNDALE OPPORTUNITY $199,000
1314_DJW_0077
TOBERMORY COMMERCIAL $449,000 Live on the Beautiful Bruce Peninsula and be your own boss. Buy the assets, land and approx 5,000 sq foot building and start your own business. Or, buy the full package and run the existing well established Outdoor Goods store. The store sells outdoor clothing, footwear, fishing, hunting, camping gear and much more. There’s an Army Surplus section and a “Gently Used Recycle” section. The current owners have been successful in obtaining two very high traffic draws to the store-- hunting and fishing licenses and LCBO bottle return. There’s an Artist Co-Op renting the upper floor and an additional rental income from the office unit.
1314_DJW_3_0082
Storefront, Studio Business Centre... or use your imagination. This 1500 sq foot building is centrally located on the Bruce Peninsula. High traffic area and good exposure. Several large rooms for displays or other potential. Reception area and 2 piece bathroom. Lots of storage and potential in basement. Lots of parking. Comes with 3 bedroom home, ideal for owner operator or rental potential.
11278697_1314
16
Volume 14 Issue 03
Commercial Real Estate & Business Opportunities
Office: 519-797-5500 | Cell: 519-270-3055 e-mail: donamy@bmts.com www.southamptonhomes.ca ZONED R-3 - $349,900 G R O S V E N O R S T. , S O U T H A M P T O N
E
W
P
R
IC
E
PRIME CORNER COMMERCIAL - $349,900 5094 HWY 21, PORT ELGIN
N
Southwest Ontario
Southampton
9992168_1314
Sales Representative
MLS411044000122400
MLS #2011127129
Desirable corner lot with high visibility, close to Wal-Mart & Canadian Tire. Ideal location for commercial venture requiring high traffic flow. Environmental Assessment Reports 1, 2 & 3 are available. Municipal sewer and water.
0.98 acre lot, ideally suited for town homes or semi’s. Just 2 blocks to downtown & sand beach. Level lot, survey available. Zoning R3 & Environment Phase 1&2 documentation available. Municipal easement to East side of lot.
1314_DJW_1_0043
1314_DJW_1_0402
What our clients are saying about us “I have 2 ads currently in the Commercial investor. I have had a steady flow of calls primarily from investors in the 416/905 areas regarding my properties. I am really pleased with the results & the quality of prospects for the properties I enjoy listing & selling.” Thank you Doreen.
Nelson Conroy Sales Representative
Royal LePage Triland Realty Brokerage London/St. Thomas For information call 1.800.268.0077 Please say you saw it in The Commercial Investor
17
Commercial Real Estate & Business Opportunities
licensed sand & gravel piT land For sale
Erie Shores Realty Inc., Brokerage Independently Owned and Operated.
Serving Norfolk County
519.426.0081 11285300_1314
Recently renovated and updated commercial building in Downtown Waterford. Half the building is rented to a restaurant (not included in purchase price). Front part of building is partially rented to an Office Support Business. Great space available for a 3rd business to locate to. Large parking area with fresh recycled asphalt, large deck area for restaurant use. This property is close to the walking biking rail trails of Waterford.
$1,950,000
Sutton Group preferred realty Inc., Brokerage 519-438-2222 Direct:
519.521.8113 gbrophey@sutton.com
MLS速
Commercial building with great location in the main business section of Simcoe. This brick 2 storey building just had hydro service and wiring updated, insulation upgraded. This property is subject to a severance from the large property to the North at the cost of the Seller. The property will have a frontage of 45 ft x 142 ft deep. Make all offers subject to the Seller completing the severance.
$275,000
MLS速
Former Brown Field, immediately behind Simcoe Town Centre Mall. This property has a Phase II Environmental Site Assessment date Dec. 2 2013 and further work will be required to remediate the site. This report is available at L.B. Future development points to residential use, currently there are 6 lots of record. Water and Sewer at street but buyer to investigate costs to service.
1314_DJW_0032
11266776_1314
GreG Brophey - Sales representative
$389,000
1314_DJW_0031
Legal Address: 68267 Road 68, RR#4 Thamesford Ontario Part Lot 1, Concession 8, Geographic Township of East Nissouri, Now Township of Zorra County of Oxford, Provines of Ontario Licensed Gravel Pit Property, Cash Crop Farm Property; Licence in conformity with the Official Plan and Zoning By-Laws. property Right on #2 Highway (Dundas St. E & 13th Line). Complete ready to go Gravel Pit; Permit for 200,000 Tonnes/Year; the Extraction Area is 62.57 Acres; There is 75.0 Acres of Tillable Land with 20.25 Area of Bush. 3 Gravel Driveways access. Complete information package is available from the listing agent. The listing agent is the registered owner of the Property.
1314_DJW_0030
price: bedrock sand & gravel inc. licensed gravel pit - Under aggregate resources act licence ref: #625357
Brian Holden Broker of Record & Rhyus Reeve Broker
$259,900
George Gicopoulos
MLS速
Sales Representative
Royal LePage Triland Realty, Brokerage*
1314_DJW_2_0096
1314_DJW_1_0092
STRATHROY - $895,000 Magnificent building, circa 1889 with it's impressive architecture and Clock Tower towering over the middle of Town. This historic building houses the impressive, upscale 'Clock Tower Inn' with 8 recently and completely renovated suites, plus the successful 'Strathroy Ale House' Pub/Restaurant with an excellent patio. Sale of 'business only' will also be considered with option on the property. Call George for details.
LONDON FAMILY RESTAURANT - $420,000
Here is your opportunity to own one of the most successful longest running family style restaurant in the city and probably the most well know with a great reputation, great sales and profit. A true London landmark in the hospitality industry. Call George today.
ST THOMAS AUTO SALES/MECHANICS SPECIAL - $195,000
Great spot for auto sales/repairs. Surrounded by numerous auto related businesses. Two buildings one used for storage and one of about 800 sq ft used for auto repairs with two grade level doors plus office. 75 feet frontage x 265 feet depth.
DOWNTOWN LONDON PROPERTY $525,000
1314_DJW_1_0094
1314_DJW_1_0032
Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepage.ca www.georgegicopoulos.com www.royallepagecommercial.com *Independently Owned and Operated Southwestern Ontario Businesses/Properties 8155109_1314
PROPERTY & BUSINESS - $1.4 MIL
Popular restaurant/bar with pizza take out and delivery. Well known with great reputation and increasing revenue for the past 10 years. Licensed for 240 inside and out. Free standing 3485 sq ft building with great patio on approx. 1.3 acres of land located on main artery minutes from Hwy 401. 1.5 hours from GTA. Profitable, popular and priced to sell. Unbelievable Sales!
Presently and for over 40 years operating as restaurant by the same owner. Many buses stop at the front door. Great location on Dundas and Richmond St intersection. Price included property and restaurant business. Owner will sell property only and remove chattels if need be. Ideal for variety store, fast food, etc. Great foot traffic by the front door. 2400 1314_DJW_1_0095 sq ft on main floor.
Restaurants, Pubs & More 1. Family style restaurant near London $285,000. 2. Restaurant, Pub, Billiards, KW $695,000. 3. Fine Dining, Great Reputation, London location, Under $300,000. 4. Hwy Location Family Restaurant $325,000. Many to choose from Big & Small, with or without property. Call George today. He probably has what you are looking for or he knows where to find it for you.
Please say you saw it in The Commercial Investor
Southwest Ontario
Volume 14 Issue 03
18
Volume 14 Issue 03
Commercial Real Estate & Business Opportunities
RESIDENTIAL • COTTAGE • FARMS • COMMERCIAL • BUSINESS
8143527_1314
Buy With Confidence. Sell With Experience. Brokerage
Goderich on the Shores of Lake Huron
519-524-4473
Southwest Ontario
TOLL FREE 1-888-524-4473 talbotrealty.com
8471319_1314
62 A Elgin Ave. East, Goderich, ON N7A 1K2
$699,000
$625,000
PRIME HIGHWAY LOCATION!
Former Pizza Hut. 1.32 acres, 2,074 sq. ft. building. Parking for 41. Exceptional exposure! Hwy #21 (Bayfield Road) MLS#666372. 0514_DJW_0039
$325,000
LOCATION! LOCATION!
12.6 acres located 2 mins from Goderich. Currently zoned C3. Endless possibilities. Convenient location. MLS#164034. 0514_DJW_0040 COMMERCIAL BUILDING LOTS 1) HIGH EXPOSURE COMMERCIAL! A great start to a successful business is prime location. Take a look at this high exposure vacant commercial land in downtown core area of Goderich. Commercial zoned - C4. An excellent opportunity with several permitted uses. Former location of car wash. Frontage 113.19. Site area 6350 F. $79,000. MLS #499869 2) PRIME DOWNTOWN LOT! Core area on Goderich’s Square. Unique parcel zoned C4 for numerous commercial uses. $79,900. MLS#407200
Renate SiebeR-Schlegel land exchange ltd. brokerage
Wingham
broker of Record
519-357-3332
cell:
519-531-1177
Independently Owned and Operated
262 Josephine St., Wingham
11264376_1314
www.remaxlandexchange.ca
$209,900
DEVELOPMENT SITE
410 Shuter Street, Wingham ZONED and Ready to Go Busy well established turn key operation on a busy truck route, including restaurant, convenience store and gas station. Building is recently renovated (2012-2013) and sits on a large 3+ acre lot. Restaurant seats 59. Environmental study available. Close to 4 campgrounds.
for up to 23 dwelling Units Prime Residential 1.6 Acre Development Close to Hospital and Schools
$325,000
4513_DJW_0077
$385,000
EXCLUSIVE
$525,000
PRIME COMMERCIAL/ DEVELOPMENT
PRIME COMMERCIAL/ DEVELOPMENT property in the centre of Wingham/North Huron; Highway Commercial zoning; Environmental Study Available.
in the centre of Wingham; highway commercial zoning; Environmental Study Available.
Call Listing Agent for full information package.
Call Listing Agent for full information package.
2513_DJW_1_0136
Please say you saw it in The Commercial Investor
MLS# 262000
2513_DJW_1_0137
Volume 14 Issue 03
19
Commercial Real Estate & Business Opportunities
View www.alsmithsells.com for all your investing. $0 management fees! No vacanies – Quality tenants! I am not only a Realtor, but an investor. 90% of my business is working with investors. View my site: www.alsmithsells.com for virtual tours. 15 UNIT - WINDSOR
FOURPLEX - WINDSOR
$8,408 Month rent Tenants pay hydro New furnace Fully occupied New retrofit Updated
DUPLEX - WINDSOR
$2,225 Month rent Tenants pay Hydro New retrofit Fully occupied Updated
$1,500 Month rent Great rental area Near University of Windsor Fully occupied Updated
$560,000 $225,000 $123,999 1314_DJW_0064 1314_DJW_0065 1314_DJW_0066 Don’t Delay... CALL AL TODAY for Windsor investment listings! Allen works with clients from some of the GTA’s biggest investment clubs! Successfully selling Real Estate for over 16 years.
Allen Smith SALES REPRESENTATIVE
TOLL FREE: 1-877-443-4153 CELL: 1-519-563-7475 alsmith.soldit@sympatico.ca
www.alsmithsells.com
Call or e-mail for listings (1000’s) & Economic News Exciting times in Windsor to be an investor. Low vacancies and high returns with great prices.
ROY A. BOYES REAL ESTATE 519.397.0928 boyesre@gmail.com Shoppers Drug Apartment Building
5.5 Cap Rate, Only 2 years old 20 units, On Grade, Elevator, Ask $899K
Gas Station
Essex, Full Serve, Ask $549K
Gas Station
Esso, Net $160K, 2 rentals, Ask $1.1M
Gas Station
Petro, 3.2m Litres, Store 700K Ask $1.8M
Golf Course
18, Range, Gross $800K, Ask 1.8M
Golf Course
18, Niagara, Gross 1M Ask 2.5M
Golf Course
18, S.W. Ont. Gross 550K, Ask $1.1M
Plaza Retirement Home Mobile Home Parks Gas Station Self Storage Motel
11253208_1314
3 Units, 10 CAP, Ask $599K 30 Plus Rooms, Gross $800K Ask 1.8M Michigan, 50% returns, Will partner, Super investment Ask 2.7M, 6m Litres, Licenced Store Timmins, Gross $235K Net $145K Ask $1.1M SW, Ont., Gross $600K 40 rooms Ask $2.4M
Please say you saw it in The Commercial Investor
Southwest Ontario
INVESTMENT OPPORTUNITIES IN WINDSOR, ONTARIO BILLIONS IN WINDSOR ECONOMIC DEVELOPMENT WINDSOR HAS THE BEST PRICES FOR INVESTORS!
20
inthenews
Commercial Real Estate & Business Opportunities
Volume 14 Issue 03
Canadian small business lagging in online presence: Internet Factbook Three-quarters of Canadians research purchases online, but only 41 per cent of small businesses have an online presence
C
anadian small businesses, only 41.1 per cent of which have a website, may be missing lucrative opportunities as Canadians come to rely on the Internet to help them make buying decisions, according to the 2014 Factbook from the Canadian Internet Registration Authority (www.CIRA.ca), the organization that manages the .CA domain. CIRA’s annual Factbook is a collection of data and information that provides an overview of the health of the global domain name industry, the Canadian Internet, and .CA’s place in it. It compiles findings from CIRA’s own primary research, carried out with the assistance of the Strategic Counsel and ZookNIC Internet Intelligence, with publicly available data from Statistics Canada, Ipsos Reid, ComScore, Websense, TNS Digital Life and the Organisation for Economic Cooperation and Development. Among this year’s findings about Canadians’ online retail habits:
›› Two out of every three dollars Canadians spend online go south of the border, and we lag the U.S. and the U.K. in terms of the percentage of our retail economy that is online (three per cent, versus seven and 23 per cent, respectively). Other interesting highlights of the Factbook include:
›› Only 62 per cent of Canadians in the lowest income quartile have Internet access, compared with 95 per cent of Canadians in the highest income quartile.
›› The average Canadian visited 3,731 web pages per month last year, the highest in the world. We also ranked a close second behind the U.S. for the average number of hours spent online per user.
›› Canadians continue to be heavy consumers of online video, ranking second in the world behind the U.K., at 24.8 hours per month.
›› Almost 24 million Canadians, or 69 per cent of us, visited at least one social networking site last year.
›› The percentage of smartphone users who use their device to watch video or television increased by 21 percentage points last year, to 37 per cent.
“The Factbook provides a unique and important portrait of how the Internet is changing the way Canadians work and important,” or “very important” for Canadians to have .CA. communicate, with each other and the world,” said Byron Holland, CEO of CIRA.“We continue to find that Canadians ›› Half of Canadians who expressed a preference also said are unique in terms of why and how we use the Internet, they prefer .CA over .COM for business use, and for the values we uphold online, and the pride we take in online activities that require the disclosure of personal having .CA as our unique identifier.” information such as shopping or banking.
›› 87 per cent of Internet users consider it “somewhat
›› 74 per cent of Canadians reported that they search online, and compare goods and services, before committing to a purchase.
›› Only 45.5 per cent of Canadian businesses are online. This divide is particularly evident among small businesses, with only 41.1 per cent having a website, versus 91.8 per cent of large enterprises.
These and other interesting findings from the 2014 Factbook, are available at http://cira.ca/factbook/2014/index.html.
About CIRA: The Canadian Internet Registration Authority is the Member-driven organization that manages Canada’s .CA domain name registry, develops and implements policies that support Canada’s Internet community, and represents the .CA registry internationally.
Please say you saw it in The Commercial Investor
Volume 14 Issue 03
21
Commercial Real Estate & Business Opportunities
11241815_1314
Sutton - Huron Shores Realty Inc. Brokerage Doug Freiburger, Sales Representative Cell 519-270-3855
606 Goderich St. Port Elgin, ON N0H 2C0 519-797-1007 | 1-888-727-1007 PROFITABLE 15 ROOM MOTEL 1314_DJW_0086
21 HURON ST. S., SOUTHAMPTON • A stone’s throw to the beach • Well maintained w/ owner’s living quarters • MLS #411048000232000
$560,000 PRIME DOWNTOWN LOCATION 1314_DJW_0087
154 HIGH ST., SOUTHAMPTON • Located in the Core of Southampton • Two upper rental apartments & main floor • MLS #411048000305500
$499,000
11284406_1314
www.suttonhuronshores.com
Century 21 Heritage House Ltd., Brokerage Independently Owned and Operated
Don Patchett Sales Representative
Business is at a Crossroads... It’s called Woodstock, Ontario
Cell: 888.314.6333
www.DonPatchett.com don@donpatchett.com
Office: 519.539.5646 UPDATES ARE DONE!
1314_DJW_1_0036
ESA and Fire Dept approvals, very efficient, low maintenance building. 1200ft retail space and two, one bedroom ‘loft’ apartments have separate hydro meters. Rear apartment has covered deck. High efficiency boiler heats all 3 units; gas bills totalled less than $950. New roof Jan. 2012. Tired of the boss? Book store on main floor could also be purchased as part of your investment. Potential 8% CAP @ 1314_DJW_1_6666 $379,900. 363 Dundas St. Call Don.
NEW IN 2005
1314_DJW_2_0077
Solid office building on Highway 2 in Woodstock. Great tnenat, high visibility location, plenty of parking. Rebuilt from foundation up in 2005 on 50 x 114 lot. Priceincludes adjoining 50 x 114 lot. Rear patio area is bounded by foundation ready for future expansion. 899 Dundas St. $549,900. Call Don.
David Hilderley Sales Representative 519.537.1469 www.DavidHilderley.com david.hilderley@centrury21.ca DOWNTOWN CORE
Former fur storage facility has secure vault on second floor, residential development potential. Retail space completely updated, exposed brick looks great! Municipal parking at back door, front door & across street. New furnace Feb 2014. 557 Dundas 0914_DJW_3_0077 St. $159,900. Call Don.
“Contact me for a free copy of WOODSTOCK 2013 YEAR IN REVIEW Newsletter”
SHOWCASE YOUR BUSINESS HERE! Approx. 2300 sq. ft. in this well-maintained, one-floor building. Super corner location just off Dundas St. Interior houses showrooms, offices & warehouse with overhead door. C3 zoning offers many possible uses. Also available for lease. Call Dave for details. 1314_DJW_3_0028
SUPER LOCATION
Looking for professional office space in Woodstock? These units feature 1100 + 850 sq. ft. of finished offices with ample storage, washrooms, and a lunch room. Elevator, handicapped washrooms, generous foyer, large windows for natural light and ample phone/electrical outlets. Landlord is willing to discuss and implement a different configuration or leasehold improvements. Call Dave. 1314_DJW_1_0090
Please say you saw it in The Commercial Investor
BUILD YOUR BUSINESS HERE $79,900. Approximately 1 acre of flat, vacant land located on a major road on the west end of Woodstock. Zoned Highway Commercial C4, there are dozens of opportunities to build your business right here! Call Dave. 1314_DJW_2_0091
Southwest Ontario
Independently Owned and Operated 10630674_1314
22
Commercial Real Estate & Business Opportunities
Volume 14 Issue 03
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Hamilton COverIng: Ancaster • Caledonia • Cayuga • Dundas • Dunnville • Grimsby • Hamilton • Haldimand • Stoney Creek For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 14 Issue 03
23
Commercial Real Estate & Business Opportunities
Hamilton
8171399_1314
Re/Max escarpment Realty Inc Brokerage
120 MOHaWK POInt Lane, DUnnvILLe $1,500,000
Rare 56.7ac L.Erie pnt w/14cottage rntl business,10 yr bung, sev brns/outbldings, 45ac. wrkble (rented). Maj.of cottages positioned at sea lvl w/access to owned beach+rented to est. clientele @ per yr basis. Clean home is perched on bluff offers panoramic lake views- ftrs 3bdrms,1.5 baths, OC livrm/dinrm/kitch w/WO to lake fcng dck-inc full bsmt. 0914_DJW_1_0074
334-338 MaIn StReet, PORt DOveR $499,000
COMMeRCIaL/InveStMent POtentIaL In JaRvIS Rare .79 ac plan of subdivision approved parcel of developed land. All services at or near lot line. Allows for const of 24 unit condo res complex comprosed of 6-1000 sqft units/flr. Outside pkg for 38 vehicles. Buyer resp for all charges/ permits/due diligence pertaining to future use. Survey avail. 0914_DJW_1_0082
Plan of subdivision approved .84ac parcel of comm zoned land allows for the const of approx 8500 sqft comm strip mall. Perfect for 4x2100 sqft sep units. Inclds 30 outdr pkg spaces. Buyer/ buyer solic to verify and/ or respons for future dev charges/levels/bldg permits & due diligences for intended use. Survey available.
4905 HIGHWaY 3, CaYUGa $449,000
Turn key 3.24ac comm. investment prop. Just W. of Cayuga Bridge. Offers 548’ of hi-visible Rd. frntge. Incs. main dwelling w/rntd restaurant, 3 apartments (2 rented), ice cream shop (vacant), pedestal solar panel w/ 17 yr contract & hwy billboard. Potential-Gross $52K/ Net-40K. Poss. VTB Mortgage avail. 0914_DJW_0057
113 MaIn StReet, JaRvIS $399,000
#2 el 00 rc ,0 Pa 299 $
P $3 ar 99 ce ,0 l # 00 1
Prime Retail/Comm. property in the centre of dwntwn P. Dover. Sit. on 66’x325’ lot-inc ext. renoed brick/stone building, 2 garages (62’x28’) (22’x31’) w/5 bays, fts 4800 sf retail storefrnt, updtd roof covering, HVAC, electrical, plumbing, display windows-UL 2 bdrm aptmt-$1200/mnth+utes. Superbly priced! 0914_DJW_1_0044
0914_DJW_0666
Calling all developers/contractors/investorslrg 5.2 ac parcel of comm. zoned land loc. at N. end of Jarvis. Irreg. shaped lot w/ ex. visual exposure+mat.tree lined side/rear boundries. Flat accessible site w/mun. water, mun. sewers, n/g, hydro, telephone+cable at or near lot line. Poss. to rezone for residential exists. Buyer to verify permits.
0914_DJW_1_0081
14 ROBInSOn St, SIMCOe $169,500
267 COnCeSSIOn 6, JaRvIS $389,000
Unique private 1ac property on paved rd. Zoned for legal boarding/rooming house. Buyer to verify. Incs 5500 sf reblt07 institutional designed 2 stry dwelling w/10 bdrms, 5 baths, comm. kitchen, fin bsmt, pvd drive. Thousands spent to meet code incs comm. security sys, windows, floors, water/septicsystem-less then 2 hr commute to TO/London. 0914_DJW_1_0014
Great mixed use property offers a hi-exposure street lvl comm unit with long term tenant in place & 2 res units on the upr lvl. 1 bdrm currently rented out & freshly reno’d 2 bdrm that is available for rent. Parking in the rear produces income. 0914_DJW_1_0091
95 QUeenStOn ROaD, HaMILtOn $119,900
Turn key pre-owned auto sales biz. 13 yrs at current location (18 yrs total) lease incs 50’ x 100’ paved lot, 10’ x 20’ htd office trailer - long term lease available. Price incs approx. $90K of pre-owned cars (sold certified @ wholesale price), phone #, clientele lists, ext. signage. No P & L/No VTB. Lrg inventory = instant cash flow. 0914_DJW_2_0007
Please say you saw it in The Commercial Investor
24
Commercial Real Estate & Business Opportunities
Volume 14 Issue 03
to sell, or not to sell? that is the question. Dino Nicosia, Broker Of Record, President | Investpro Realty and Appraisal Ltd., Brokerage
C: 905.870.5852 | F: 905.631.6505 Visit our website: www.investprorealty.com Follow me on: http://twitter.com/#!/DinoNicosia
Due to the current hot Real Estate market (where prices have reached new highs), I am often asked the question “is this a good time to sell?” My answer is a simple yes… it is the best time to sell! There are many positives in selling at this time. • Are you close to retirement? Hamilton
What a great time to sell! You could take back a mortgage from a qualified Buyer and receive a good rate of return on your money while you enjoy your leisure time. There are also income tax benefits to taking back a mortgage. Discuss this with your accountant.
• W hy not sell your small rental properties and purchase a larger property? There are many investors ready and willing to invest in smaller rental properties. Take advantage of this high demand. Sell your small properties and expand your Real Estate portfolio by acquiring larger investments that are often easier and much less work to manage.
• Hot Market/Hot Price! Unless you plan to hold for long term, the most significant reason to sell now is that the selling prices are at their highest levels on record. Cap Rates have fallen to all time lows translating to very little return on an investment property. If there is a downward adjustment in property values, you may not get the same price 3-5 years from now as you would obtain today. History has proven over and over, that increasing prices at this rate will not last! It cannot continue at this pace and an adjustment may be on the horizon. Interest rates are expected to rise soon and this could translate to declining values and lesser demand. Any small increase in interest rates will tremendously affect cash flow. Consider that just a 1% rise in interest rates on a $1,000,000.00 mortgage will increase the payments by approximately $1,000.00 per month.
• Political changes. The Provincial government could possibly cool the rental investment market by introducing new laws or legislation. Any negative changes to the Residential Tenancies Act or the Mortgage Act can dramatically affect investor confidence which may result in declining values.
However, before you decide to sell, there are some factors that will have to be taken into consideration. As an example there will be income tax implications and in some cases, capital depreciation that must be recaptured. Discuss these issues with your accountant to determine how the sale will affect you. To summarize, I believe that if you are planning to sell in the near future, you should consider taking advantage of the current hot market today! For a discrete consultation or free market value assessment of your property, contact me any time. 8171452_1314
Please say you saw it in The Commercial Investor
9558936_1314
And Appraisal Ltd. Brokerage
The Apartment Building Specialists
Broker of Record
Direct: 905-870-5852 Email: dino@investprorealty.com 8 UNITS, SOUTH CENTRAL HAMILTON
Kandy Thompson,
Sales Representative
Direct: 289-244-5627 Email: kandy@investprorealty.com
pR
Tenants pay for own utilities. Good condition. 6 Buildings with 4 untis per building. Centrally located in For details visit our website. Fort Erie near Q.E.W., Hospital and across from the Fort Erie, Racetrack/Casino. For details visit our website.
Great condition and location. Renovated, spotless building. Never any vacancy. Safe investment. Visit our website for details.
D T lI En sO sTm VE In
Rents below market. Shows well. Great upside. Visit our website for more information.
E Om gn nc f sI I a O TR O Ex Om R fR
14 UNITS, HAMILTON 1314_DJW_3_0084
6 UNITS, EAST HAMILTON
1314_DJW_4_0054
I
24 UNITS, LONDON
WORTH THE DRIVE
1314_DJW_3_0057
1314_DJW_1_0059
12 UNITS, HAMILTON pR
TH VE OR RI W ED TH
30 minutes from Hamilton. Only 8 years old. For more details visit our website.
East Hamilton near Ottawa St. shopping district. Visit our website for details.
cE
Well maintained, only minutes to Mac. For details visit our website.
46 UNITS, DUNVILLE
19 UNITS, HAMILTON ODlOW gO Hf s ca
1314_DJW_1_0110
E
Ic
W nE
6 UNITS, WEST HAMILTON 1314_DJW_1_0109
1314_DJW_1_0108
24 CONDOS IN FORT ERIE
1314_DJW_2_0071
“Your Investment partner for life”
Dino Nicosia,
www.investprorealty.com
Most apartments are renovated. Spacious units. 8% Cap Rate.
lD
sO
East Hamilton near Gage Park. Great condition. Visit our website for details.
“Ready to invest?...you deserve the best” Please say you saw it in The Commercial Investor
1314_DJW_5_0053
Investpro Realty
W nE
25
Commercial Real Estate & Business Opportunities
Hamilton
Volume 14 Issue 03
26
Volume 14 Issue 03
Commercial Real Estate & Business Opportunities
The Shar ma Team
Star real eState limited, BrOKeraGe 1184 Barton Street East Hamilton, Ontario www.starrealestatehamilton.com
(905) 549-3527
11285280_1314
State Realty BRokeRage
COiN OPerated Car WaSH
Independently owned & opeRated
Spectacular 6 bay coin operated car wash w/ touchless laser wash. Fully automated & can be run with a laptop. Located in growing Grimsby area. Neighbours include: Boston Pizza, 3 car dealerships (Ford, Chrysler, Hyundai), Voyageurs Visitor Centre & the “GO” Stn. The laser touchless wash is the renowned P.D.Q. - N5. All bays accept loonies, toonies, bills, Fleet cards & credit cards. 5 Super vacuums (one w/scrub). Car wash approx. 4 yrs. old. 1314_DJW_0020
905-662-6039 905-574-7441
Rick Sharma
info@ricksharma.com
Broker
www.thesharmateam.ca 8342700_0914
Commercial/Residential - NIAGARA FALLS
COmmerCial/ reSideNtial
Hamilton
Thriving pizza bus + bldg. Loc. close to rejuvenated James St. N. Open for 4 yrs. w/steady clientele. Bldg. approx. 2,400 sq. ft. 2nd flr w/2 apts. (bach & 2 bdrm unit) & both units recently renovated. Work & live there! A great opportunity! 1314_DJW_0021
BUild YOUr dream HOme!
2-storey commercial residential building with full basement. 1 bedrm apartment + commercial store front with the potential for many uses. Located in one of Niagara Falls’ tertiary commercial hubs, surrounded by successful commercial properties. Completely renovated from top to bottom. Main & Ferry intersection with High street exposure. Plenty of street parking and large municipal parking lots nearby. Over $90,000 spent in recent updates. $179,999. 0514_DJW_0001
Ideal loc. to build dream home. 10 acres w/frontage of 266.06’ on Highland Rd. Just mins. from Hamilton. Buyer to satisfy himself to availability of permits & zoning (permit to build home). Survey avail. 1314_DJW_0022
For more information on the above call FRANk FeRRARO, Broker 905-549-3527 or email hamiltonhomes4u@hotmail.com
Valerie Dalgetty-Righton
11285496_1314
SALES REPRESENTATIVE
TM
905.522.1110
Toll Free 1.877.935.1110 valerie-dalgetty@coldwellbanker.com
BUILDING AND LAND, 161 HWY #8 DUNDAS RARE OPPORTUNITY!
$1,295,000 0914_DJW_0006
Medical/Dental Clinic, Retail, Restaurant, Garden Depot, Veterinary Clinic, just some of the approved uses for this 1.07 acre zoned Commercial Settlement in prime rural location, 2 min to Dundas on high traffic road. Brick and concrete 8000 sq ft building and abundant on site parking. Two vehicle loading ramp, rear garage holds up to 6 vehicles. Purchase now and make your plans while leasing back to Seller. Showings only after 6 p.m. Call Valerie Dalgetty-Righton, Sales Rep, Coldwell Banker Pinnacle Real Estate, Brokerage, at 905 522-1110 for your personal viewing.
Please say you saw it in The Commercial Investor
27
Commercial Real Estate & Business Opportunities 9742018_1314
cosmo costa SaleS repreSentative
905-662-6666 www.cosmocosta.ca “Your Investment Property Specialist”
state realty brokerage
exclusive 4-plex
Centrally lctd all brick contr legal nonconforming triplex consisting of 2-3 bdrm units. Updtd plumbg & elec panle, 100 amps. Rear steel fire escape. Many other updts have been done. TOTAL INCOME = $29,100 NET INCOME = $23,040
Within the grid of Downtown solid legal 4 plex consisting of 3-1 Br & bachelor. Many recent renovations. Roof reshingled 5 years ago, furnace also 5 yrs new, all updated wiring and plumbing. Seller will assist w/financing. TOTAL INCOME = $29,100 NET INCOME = 1314_DJW_1_0087 $22,164
Centrally located large four family home with separate hydro meters, large 2 car garage at rear of property. Nice rear yard. All separate entrances. Zoned legal non confirming 4 units. For more detail contact Exclusive Sales Representative Cosmo Costa. 1314_DJW_2_0003 1314_DJW_1_0089
Pride of ownership best describes this investment bldg consisting of 2-2 brs, 2-1 brs, 1 bachlr unit. Solid brick constr. Updated plumbing & electrical services. 4 hydro meters & steel rear fire escape. This property must be sold together w/823-825 King E. as a package. TOTAL INCOME = $34,560 NET INCOME = $27,724.93 Excellent 5 unit bldg on a main route. Consisting of 4-1 bedrm & 1-2 bedroom units. Solid construction w/3 hydro meters. Contact listing sales rep. for info on these 2 bldgs. They have to be sold together w/827 King as a package. TOTAL INCOME = $34,560 NET INCOME = $27,724.93
1314_DJW_1_0085
Lrg 2 1/2 storey all brick constr semi-detached home. Upper level tenants pay $1400 all in & lwr level $1300 all in. Updtd elec & plumbg, Hi eff furnace, newer windows. Lower unit has to be finished - It’s roughed in. TOTAL INCOME = $32,400 NET INCOME = 1314_DJW_1_0086 $27,504
Centrally located legal duplex that has been totally renovated. Reshingled roof 2013, electrical & plumbing updated, separate entrances. A real pleasure to show. TOTAL INCOME = $20,400 NET INCOME = $15,516
1314_DJW_1_0088
hEss vILLAgE
OAkvILLE CONdO rETAIL pLAzA
sCArbOrOugh rETAIL pLAzA
Large Resto/Lounge. Trendy bar/restaurant w/150 occupancy plus 8 washrooms, great upside. Please contact exclusive sales rep.
Approx 3,600 sq ft. Gross income of $109,200.
Approx 11,000 sq ft. N.O.I. $137,000.
11273535_1314
principals only please
MAKE AL YOUR FIRST CHOICE!
SEARCH FOR AL ON
FOLLOW US ON FIND US ON
FOR SELLERS & BUYERS SEARCH ONLINE @ REALTOR.CA OR GET THE APP! (FOR SMARTPHONES)
DIRECT LINE VISIT
TOLL FREE
www.alcosentino.com
ESCARPMENT REALTY INC. BROKERAGE INDEPENDANTLY OWNED & OPERATED
EAST MOUNTAIN
STONEY CREEK
“OPTIONS/UNIQUE CORNER”
MAKE AN OFFER
EAST HAMILTON
“AMAZING OPPORTUNITY...TO DO”
“DEVELOPMENT SITE”
559,997 OR
$
1314_DJW_1_0042
Prime Industrial/Commercial corner site. High traffic exposure 1.8 acres. Near Hwy & Lake Ontario. Zoned (M3). Ask for Al’s on-line marketing today!
EAST MOUNTAIN
Amazing lot. Suit to build your own use.”K” industrial zoning. 25x100 lot. Was existing house on it owned by the City. Make Al your first choice to get it done!
799,997
$
1314_DJW_1_0136
EAST NORTH HAMILTON
“AMAZING PRICE”
99,997
$ 50 X 99.87 lot w/storage building approx 1560 sq ft. Only hydro. “K” OR MAKE AN OFFER industrial zoning was residential house on it - Lot of record. Easy access. Make Al your first choice to get it done! 1314_DJW_0035
al@alcosentino.com EAST HAMILTON
SOLD ION ON CONDIT
Amazing approx 3000 sq ft of useable space was used as professional office & living residence. Huge 2 car garage w/steel beams. Ask for Al’s on-line marketing today!
905-570-9997
1-855-570-9997
$ 49,997 OR MAKE AN OFFER 1314_DJW_0034
EAST HAMILTON
SOLD AN TO HANDYM
“AMAZING CORNER FOR PROJECT”
“INVESTMENT/PERSONAL USE”
“AMAZING OPPORTUNITY”
Corner exposure high traffic used as car lot or for many other uses. Zoned “H” Commercial 145 x 100 development project. Ask for Al’s online marketing today.
Industrial garage warehouse $ approx 2300 sq ft w/grade loading OR BEST OFFER 12 ft door & 2,000 sq ft of office above. Fully rented. Seller will hold 1st mgt. Ask for Al’s on-line marketing today! 1314_DJW_2_0017
70 x 100 lot amp parking. Used as $ social banquet since 1984. 2 banOR BEST OFFER quet halls, 2 bar areas. Needs TLC. Sold “As Is”. Good value. Could be other uses. Make Al your first & only choice! 1314_DJW_1_0033
499,997
$
OR TRADE/CASH
1314_DJW_2_0066
219,997
159,997
“CALL AL TODAY, PUT YOUR COMMERCIAL INVESTMENT PROPERTY ON THE MARKET! Please say you saw it in The Commercial Investor
Hamilton
Volume 14 Issue 03
28
Commercial Real Estate & Business Opportunities
Volume 14 Issue 03
Hamilton 11236833_1314
Please say you saw it in The Commercial Investor
Brook Building-mag_09-20-13.pdf
Volume 14 Issue 03
9/17/13
2:08:09 PM
29
10339498_1314
11277225_1314
Hamilton
Commercial Real Estate & Business Opportunities
FOR
FURTHER INFORMATION:
JOHN HRYCZYNSKI BROKER
(905) EMAIL:
REAL ESTATE BROKERAGE COMMERCIAL
240
JOHN@BBSREALTY.COM
WWW.BBSREALTY.COM COMMERCIAL REAL ESTATE
REAL ESTATE SALES AND LEASING SERVICES
HAMILTON WATERFRONT DEVELOPMENT DISTRICT A golden opportunity for a small builder to purchase this unique residential development site steps to the sought after waterfront recreation & entertainment development district. Convert the existing vacant warehouse bldg., w/partial fire damage, approx. 4500 sf + part basement to residential units or demolish for a new multi-residential development. To be sold “as-is”. Lot size 120’ x 110’ irregular. Asking $399,900. Call agent for further details.
INVESTMENT PROPERTY FOR SALE
OFFICE/RETAIL FOR LEASE
RETAIL/OFFICE FOR LEASE
EAST HAMILTON - MIDTOWN Retail and residential investment property in mid-town area. Located on busy Main St. Excellent exposure. Building has 3 retail units & 2+1 bdr. apt. Ideal for Owner/User. Fully leased building but 2673 sq ft retail unit coming available in March for owners use or Lease. Retail units have full usable basements. Apartment requires upgrades. Possible VTB mortgage. Current Proforma net rent est. $54,895. Asking $650,000. Call for details.
DOWNTOWN HAMILTON Prime ground floor space located in ‘First Place’ commercial & residential complex being 684,506 sf and containing 535 res. units with comm./office units. Corner location with excellent exposure to high vehicle and foot traffic. Ideal for most retail or office uses. Landlord may assist with improvements. Unit size 3,650 sf, divisible. Parking available, immediate possession. Well priced at $14.95/sf GROSS.
1314_DJW_3_0066
FULLY EQUIPPED RESTAURANT Newly renovated building located in the sought after Locke Street Entertainment & Shopping District contaning a fully equipped restaurant suitable for most restaurant styles. Prime corner location & exposure with large ground floor windows, great views, walkout to patio & rear parking. Loads of charm & character inside & out. Seller may take back mortgage. Price reduced to $899,900. Also for Lease with option to purchase. Call for details.
1314_DJW_1_0112
Prime West Hamilton Entertainment District location close to several new highrise downtown developments, corner lot with excellent exposure. Ideal mixed use investment for an owner user. Splendid Victorian bldg. w/loads or charm and character in good condition. Bldg. contains 3-2 bdrm & 1 bach occupied apt’s and 2 ground flr. Commercial units. Commercial units vacant ready to lease or owner use. Units are suitable for a bar/restaurant or most other retail/ office uses. On-site & street parking. Asking $1,125,000. Call agent for details.
1314_DJW_1_0065
1314_DJW_0089
DEVELOPMENT SITE FOR SALE
1314_DJW_2_0064
BUILDING FOR SALE/LEASE
1314_DJW_0088
PRIME WEST HAMILTON LOCATION
529-5900 X
170 SILVERCREEK PARKWAY NORTH, GUELPH Located on a major arterial road across from Willow West Mall. Many national tenants on this power retail strip. Available space: Unit 2-2151 sf, end cap unit ideal for variety store; Unit 6-3400 sf, ideal for bar/ restaurant or most other retail/office uses and Unit 7 - 4555 sf, divisible, ideal for most retail/office uses. Affordable rents, asking from $12.95 $13.95/sf net. Abundant parking, immediate possession. Call for details.
Please say you saw it in The Commercial Investor
30
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
Volume 14 Issue 03
Volume 14 Issue 03
31
Commercial Real Estate & Business Opportunities
Visit my website
Augie
276 Main St. W. Hamilton, Ontario (just West of Queen St.) L8P 1J8
Ammendolia BROKER
905-518-6713 Off: 905-522-6001
HAMILTON CENTRE 9 UNITS
D
SOL
$669,000 Magnificent Century home converted to 9 well-appointed modern apartments. High ceilings, marble fireplaces, tenant parking, separate hydro meters, on site laundry. Trendy South Central Hamilton near International Village/Downtown and Stinson School loft condo development.
1314_DJW_1_0041
HAMILTON CENTRE RETAIL SPACE FOR LEASE $850/MONTH
2 Commercial units for lease @ $850/month/unit. Across from McDonald’s & near Ivor Wynne Stadium. Large open space store with full basement & rear parking. High visibility corner property.
$489,900
Impressive mixed use H commercial property on major artery previously used as Real Estate offices. Presently used as 2 Family dwelling, excellent condition and improvements. High visibility and traffic count. Approx 2900 total SF of finished space. Huge double car garage easily converted to further office/professional use. 1314_DJW_1_0067
HAMILTON CENTRE 8 UNITS APT. BLDG
Charming 8 unit building. Newer roof, gas water heat boiler, garage, 8-2 br. units, 6 of the 8 units have hardwood floors, dining rooms and balconies separate hydro meters. Tenants pay own hydro. Two apt. units at basement have been completely renovated. Balconies comeplety fixed & restored last fall. Three units have been updated with new kitchen cabinets and 1314_DJW_3_0044 bathroom fixtures.
NG MI N O C OO S
$675,000
Great Redevelopment Opportunity on this corner commercial property in Prime West Hamilton location near McMaster Hospital and University. Presenty a 48 seat Restaurant/Bar coffee establishment with outside patio. Owner retiring price includes Land. Building and Chattels. Asking price includes Real Estate and business. Pls. contact Listing Broker Zoning, Survey 4913_DJW_0049 and floor plan information.
HAMILTON CENTRE - BANQUET HALL/RESTAURANT/BAR
1314_DJW_2_0043
HAMILTON CENTRE COMMERCIAL/RESIDENTIAL
RESTAURANT/BAR/ DEVELOPMENT OPPORTUNITY WEST HAMILTON
$575,000
Located near the new Centre Mall redeveloped Power Centre & walking distance to the vibrant Ottawa St. BTA. Established bar/banquet facility approx 20,000 SF Licenced bar - 393 persons, banquet hall - 400 people w/additional 60 persons on mezzanine. 50 parking slots at rear. 2 commercial units leased at $900 and $450 monthly. Price includes 1314_DJW_2_0068 business and real estate.
HAMILTON CENTRE - COMMERCIAL/ RESIDENTIAL BLDG.
$1,295,000
HAMILTON CENTRE 11 UNIT APT. BLDG.
G IN M CO OON S
11 unit apt. building (6-2 BR, 5-1 BR) in trendy South Central location, walking distance to downtown, shopping, parks. Many upgrades e.e., kitchens and baths, 2 new boilers in 02, newer commercial water heater, thermo windows, newer roof steel overhang, separate hydro meters. Tenants pay hydro.
1314_DJW_3_0042
HAMILTON CENTRE 3 STORES/3 APTS
$449,900 Excellent corner building. Lots of improvements 3-2 br apts. Completely renovated. All untis have independent heating and hydro. Across from McDonalds and near Ivor Wynne Stadium.
1314_DJW_2_0048
SOUTH CENTRAL 8 - 1 BR UNITS Open concept kitchen/LR, balconies, hardwood floors. Units totally constructed new in 2002 - 2003. Separate heat, hydro & water tanks per unit. Efficient aqua furnaces combining hot water & heating system. Tenants pay all utilities.
Great location. 12,000 SF - 6 commercial units at Ground Flr plus roof sign & 8 apt units above with separate heat & hydro constructed approx. 20 yrs. ago. Ground flr. Commercial includes fully equipped restaurant to be leased & laundromat operated by owner. Part of possible land assembly 752 King Street East and 734 King Street East presently for sale. Close to downtown. LOT 1314_DJW_2_0084 SIZE: 107.3 FT X 158 FT.
HAMILTON DOWNTOWN $1,295,000 DEVELOPMENT SITE
$795,000
1314_DJW_0076
HAMILTON CENTRE 8 UNITS
Prime corner development site with building suitable for redevelopment to retail plaza & or high rise development. Can be purchased with adjacent property 756 King St. E. Pls. contact Augie for additional information on the proposed development.
1314_DJW_3_0083
Please say you saw it in The Commercial Investor
$675,000 Terrazzo corridos, concrete construction. Newer windows, parking, 6-2 BR & 2-1 BR. units. Good Southeast neighbourhood.
D
SOL
1314_DJW_2_7000
8471320_1314
HAMILTON INCOME PROPERTIES
Hamilton
Cell:
32moneysense
Commercial Real Estate & Business Opportunities
Volume 14 Issue 03
How to buy an investment condo By Wayne Karl
A
re you wondering how to buy an investment condo and not sure where to begin? Look for markets with a solid local economy, stable employment conditions and minimal new apartment construction, as they all combine to produce a tight rental environment.
If you can generate positive cash flow, the benefits are three-fold:
Smaller cities also make great target markets to buy an investment condo. The key things to look for are a solid local economy, stable employment conditions and minimal new apartment construction. These combine to produce a tight rental environment, which is what you want.
›› The vacancy rate is low and ideally tightening further
As an investor-landlord, you’ll need to learn about vacancy rates. Canada Mortgage and Housing Corp. (CMHC) summarizes these, along with average rents, in twice-annual rental market reports. An increasing rate means rental supply is growing, and renters have more units from which to choose. For landlords, this means more competition. Therefore, you may have trouble renting a property or increasing the rent. Declining vacancy rates mean supply is tightening and your property may be in higher demand. This could lead to you being able to charge more rent. A vacancy rate between two and three per cent is considered a balanced market, meaning supply is appropriate for demand. Anything below that is ideal. Investment strategy: Acquiring and operating an investment condo is very different than buying a primary residence. Your strategy should be to buy, hold and rent to generate income over and above your mortgage costs, while building equity over time. Rule number one for new investors, experts agree, is to take a long-term view – five to seven years – while generating positive cash flow. “There is nothing more challenging than buying an investment that does not cash flow,” says Mike Cunning, an investor based in Vancouver. Achieving positive cash flow means renting out your investment condo for more than your monthly mortgage payment and other costs. Once you include condo fees, taxes, insurance, property management fees, maintenance and advertising, the financial picture can look much different.
›› You pocket the monthly surplus ›› You build equity over the long term while someone else pays down your mortgage
›› And eventually, when you sell, you gain from any value appreciation in the property “Be in it for the long run,” says Rasna Arora, an Ottawa area investor.“Not to flip and speculate but to invest, for at least five years.” Buyers of investment condos are required to have a minimum 20-per-cent down payment. But a larger down payment also means you have to borrow less and your monthly payments will be lower. Vacancy rates: As an investor, you’re looking to select areas where:
›› The economic fundamentals are strong ›› The area is desirable for renters and the building type is suitable for the local tenant profile
›› Tenants in the area will pay what you have to charge for rent ChoosIng an InVestment Condo When choosing a neighbourhood and a property, it’s important to conduct your research and due diligence. Look for areas with strong economic fundamentals: job growth, population influx, average income growth and increasing (but still reasonable) property purchase prices. Other influences in value appreciation are proximity to mass transit, shopping, schools and other amenities. Ultimately, you want a property that appeals to potential owners, not just renters, because you want to be able to sell it one day, taking advantage of the increase in value. Setting the rent: How to set the “right” rent – high enough to generate positive cash flow, but not so high you price yourself out of the market for the area? First, find out what comparable units in the area rent for by checking sources where landlords advertise. You can also check provincial rent registry databases, along with CMHC’s rental market reports. The rent must be market-appropriate. Don’t think you can rent a two-bedroom condo for $1,500 a month, when similar units in your building rent for $1,000. In larger cities, downtown properties might be your first choice as a location for an investment condo, since the location will appeal to renters. But it’s also where average prices are higher and therefore less affordable. That makes achieving positive cash flow more difficult, because you might not be able to rent out your unit for what you need to cover your mortgage and expenses. and one final, but important reminder: “Remember that your tenants are your partners – they are the ones taking care of your investment and paying for it while you reap the rewards of appreciation and positive cash flow over time,”says Arora. “Treat them well, but don’t let them walk over you.”
Please say you saw it in The Commercial Investor
Volume 14 Issue 03
Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Greater toronto area COverIng: Ajax • Alliston • Bowmanville • Bradford • Bolton • Burlington • Brampton • Concord, • Durham Region • Etobicoke • Georgetown • Georgina • Keswick • Markham • Milton • Mississauga • Newmarket • North York • Oakville • Oshawa • Pickering • Richmond Hill • Scarborough • Schomberg • Sutton • Toronto • Tottenham • Thornhill, Vaughan • Whitby • Woodbridge
For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
33
SELLING REAL ESTATE FOR OVER 24 YEARS
Platinum Award Winner
Bill Morrison SALES REPRESENTATIVE
905-619-9500 Toronto line: 416 798 7278
Independently Owned and Operated
morrisonb@sutton.com Large 24,547 sq ft plaza with 125 parking spots. Great location. On almost 2 acres. Lots of frontage.
TORONTO ASKING
$3,850,000 1314_DJW_0053
Greater Toronto Area
Investment Opportunity. 40 Acres zoned for driving range, mini golf. 2400 sq ft proshop/ restaurant. Plus already has 7000 sq ft finished bungalow, 5 bedrooms, 6 baths. Highly efficient home. Site plan approved. Ready to develop. Corner propety on road next to future Hwy 407 ramps in 3 years. Siding onto subdivision.
A
W HA
S
IN
TO
OS
M
ASKING
CASH COW IN THE MAKING
$2,800,000
1314_DJW_2_0034
Attention Developers/ Investor. 1 acre site with over 200 ft on Kingston Rd. Could be apartment building, retirement home, townhome site. Currently car lot with house. Fantastic location.
TORONTO ASKING
$2,500,000
1314_DJW_1_0105
I URGENTLY NEED MORE PROPERTY TO SELL IN ALL AREAS,
BUYERS ARE WAITING.
Call Bill Morrison to sell yours! FREE consultation call Bill 905-619-9500
10527900_1314
or for all inquiries email:
Heritage Realty Inc., Brokerage
SELLING REAL ESTATE FOR OVER 24 YEARS
Platinum Award Winner
Bill Morrison SALES REPRESENTATIVE
905-619-9500 Toronto line: 416 798 7278
morrisonb@sutton.com
Commercial Investment property. Newer building in great location. 3500 sq ft. 5.3% CAP Rate.
Investment with 3 - 2 bedroom & 1 bedroom apartments plus renovated sports bar. Parking at rear. On the Lakeshore.
ASKING
ASKING
$1,995,000
SCARBORO
TORONTO
1314_DJW_1_0117
$1,699,000 WEST END
1314_DJW_1_0115
Bright corner unit in busy retail plaza. Ideal for user or investor, over $150,000 spent on renovations. 3 Tenants on 2nd floor. Ground floor vacant. 2564 sq. ft.
Over 1/2 acre on high traffic location. Presently Auto Sales & Repair. Or redevelop to town homes. 2 separate garages.
ASKING
ASKING
$1,450,000 1314_DJW_0050
SCARBORO
$1,288,888 1314_DJW_0051
6 units multi plex upgraded. Well kept, new windows, kitchens, roof, boiler etc.
All brick 2 storey corner property at intersection. Includes store, bill board, 3 bedroom apartment upstairs.
ASKING
ASKING
$998,500 1314_DJW_0052
TORONTO
$629,000 1314_DJW_1_0114
I URGENTLY NEED MORE PROPERTY TO SELL IN ALL AREAS,
BUYERS ARE WAITING.
Call Bill Morrison to sell yours! FREE consultation call Bill 905-619-9500
Greater Toronto Area
BEACHES
Independently Owned and Operated
8177227_1314
or for all inquiries email:
Heritage Realty Inc., Brokerage
Volume 14 Issue 03
Commercial Real Estate & Business Opportunities
Igor Chouminov president, Broker of Record
PAII REALTY INC.
Brokerage
416.877.0326 igor@paiirealty.com inveStment And development ReAl eStAte
Coming Soon to RiChmond hill
15 unit townhouSe development Site
• 17 unit Townhouse Site, 3 storey units w/20 ft fronts over 2600 sf+ each with large backyards.
modern design: 15 Unit Townhouse Site, 20ft fronts, from 2000 to 2500 sf, 3 storey, large backyards, upscale neighborhood. Walking distance to shopping, schools, and transport.
• Great neighborhood walking distance to shopping, schools and transport. Call to Register for VIP Pricing!
11265283_1314
36
Priced at $3,750,000
RetAil plAZA/Condo development Site, SCARBoRough, on • Under secondary plan for mixed use condominium development. • Retail Plaza current net income: $200,000/year • Great investment/Development opportunity! Priced at $6,000,000 3313_DJW_1_0103
AtteNtION CUStOM HOMe BUILDeRS COMING SOON to Richmond Hill, Estate Lots on Exclusive Street, Lots over 60ft, with Depths of over 150ft, Homes in the Area selling over $2M+++, Lot Prices Starting in the Low $1,000,000s. Please call for Details!
ACTIVELY LOOKING FOR:
Greater Toronto Area
COMMERCIAL AND RESIDENTIAL PROPERTY FOR DEVELOPMENT SITE PLAN APPROVED PROJECTS RETAIL PLAZAS AND OTHER INVESTMENT PROPERTIES INVESTORS FOR REAL ESTATE PROJECTS ACROSS THE GTA!
businesssavvy
Financing your business? Are you trying to finance your business? If so, consider these key factors:
Free services to help you with business planning, access to information on financing and an array of other business topics, are offered through Canada Business Ontario. Call them at 1-888-576-4444 or visit canadabusiness.gc.ca.
Your Financial investment Be prepared to invest your own capital into your business. Most financing ventures, including government financing programs, will need to see a portion of investment coming from you.
Canada Business Ontario is a program within the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). For further information on federal economic development programs and services for southern Ontario please visit, FedDevOntario.gc.ca, or contact them by email at info@FedDevOntario.gc.ca or call toll free, 1-866-593-5505.
Your credit rating
NC
Lenders will consider your personal finances when you apply for a loan. While it may not be the only factor, most lenders will look at your credit rating as an indicator of how you have repaid financing in the past. Keep on top of your credit and, if needed, take the necessary steps to improve your credit to make you more attractive to lenders. Your Business Plan A business plan is one of the first things most lenders will want to see. Show lenders how you plan to implement your business and convince them that you will succeed.
Please say you saw it in The Commercial Investor
37
Commercial Real Estate & Business Opportunities
10929735_1314
Volume 14 Issue 03
Future Development Potential! 109 acre farm on high profile corner Commercial Residential Lot Set High And Dry. Close To adjacent to Alliston’s new residential development & Nottawasaga Hwy’s 89, 27 & 400. Perfect Location To Run Home & Resort & Golf Course. Workable land suitable for Cash Crops or Business. $199,900 Britton Ronan* 1-877-435-4336 Livestock Operation. 2 storey farm house w/5 bdrms. Original character & charm w/recent updates. $3,200,000 Alyea Hummel* or Jeff Hummel* 1-877-435-4336. 1314_DJW_0075 1314_DJW_0044 1314_DJW_0043
Beautiful treed & partly cleared building lot in the fastgrowing town of Alcona. Tranquil setting with views of the lake & within walking distance to the gorgeous lakeside park! Servies are at the lot line. $109,000 Ingrid McNeill* 1-877-435-4336
High profile corner Commercial lot approx 3.3 acres in Angus on high traffic Mill Street for exposure. Commercial zoning allowing for many uses including but not limited to retail stores, service shops, auto sales & services, business or professional offices. 2 Rd frontages! $1,700,000 Marc Ronan*** or Gladys Craine**** 1-888-936-4216 1314_DJW_2_0042
Development parcel partially located within the Town of New Tecumseth (Alliston) Town Boundary. Abuts developer owned land. Two parcels for flexibility, great future potential. Located in one of the fastest growing Ontario Communities & recognized by the province to be a growth area in growth policy. $3,500,000 Marc Ronan*** 1-888-936-4216 1314_DJW_1_0038
Investment Property! Designated Commercial. Corner lot consisting of 2 parcels 320 and 326 VIctoria St East with 2 homes, detached garage & 2 road frontages. 2nd property lot size 49.7 x146.5. $489,900 Marc Ronan*** 1-888-936-4216
Commercial Building lot in fast growing Alliston, would suit many types of Commercial uses, ready to build with site plan approval. Urban Highway, Commercial Zoning $219,900. Marc Ronan*** 1-888-936-4216.
Hockley Valley! 78 acres planted w/apprx. 90% seedlings & 10% ready to harvest trees. 100 acres, with building with hydro, planted w/apprx 70% seedlings & 30% ready to harvest trees. Potential to purchase both tree farms or purchase individually and build your custom home and potential income in beautiful Hockley Valley. Priced at $699,000 & $899,000, respectively. Marc Ronan*** 1-888-936-4216 1314_DJW_0047
For Lease. 3 buildings approx. 12,800 sqft on 7 acres. High profile location on Hwy 9 at Orangeville. Highway Commercial zone allowing many permitted uses. 2 Buildings heated approx. 4800 sq.ft. Each and quanset hut steel fabric building approx. 3200 sq. ft. Ample parking. Great exposure. $10,000/Monthly + TMI Marc Ronan*** 1-888-936-4216. 1314_DJW_1_7000
Attention Builders! Excellent opportunity! Draft plan approved for 84 unit adult lifestyle community on 32 acres plus abutting future 6 acre walking trail and 7 acre future retirement residence site (3 separate deeds). Project financing available. Full portfolio on property available. $2,450,000 Marc Ronan*** 1-888-936-4216 1314_DJW_0049
35 Acres of workable Muck Land. 80’ x 60’ insulated steel building for storage or workshop and 2 drilled wells. Very fertile mash/muck soil suitable for vegetable or potatoes/ onions/carrots. Premium land rent available in this area. $649,900 Marc Ronan*** 1-888-936-4216
1314_DJW_0046
89 Acres in area of Developer owned land & abutting Woodington Lake Golf Coure on the outskirts of Growing Tottenham. $3,520,000 Marc Ronan*** 1-888-936-4216 1314_DJW_0048
1.877.435.4336 Alliston 1.705.725.8255 Barrie 1.905.859.4477 Nobleton
1314_DJW_0045
1314_DJW_1_0045
1.888.943.0860 Orangeville 1.888.936.4216 Tottenham 1.705.422.2350 Wasaga Beach
© 2014 Coldwell Banker LLC. All rights reserved. Each office is independently owned and operated.Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker LLC. * Sales Representative ** Broker *** Sales Representative/Owner **** Broker of Record
Please say you saw it in The Commercial Investor
Greater Toronto Area
1314_DJW_0042
38
Commercial Real Estate & Business Opportunities
Volume 14 Issue 03
Greater Toronto Area 8647857_1314
Please say you saw it in The Commercial Investor
Volume 14 Issue 03
39
Commercial Real Estate & Business Opportunities
Broker of Record
416-665-2020
stassone@trebnet.com www.oakwoodrealtycorp.com
OWNER
11284672_1314
11285494_1314
SAM TASSONE
Leading Edge Realty Inc. Brokerage
Kim Chau Broker
Oakwood Realty Corporation REAL ESTATE BROKER
416-298-6000
kim.f.chau@gmail.com
BRAMPTON DEVELOPMENT LANDS 17.89 Acres with approximately 850 foot highway frontage on Bovaird Drive on the Brampton Georgetown border. Currently zoned “CA” commercial with several commercial uses. Contact Sam Tassone 416-665-2020 ext 25 for more details or www.oakwoodrealtycorp.com 1314_DJW_0082
JANE AND LANGSTAFF
1314_DJW_0083
STUDENT HOUSING/HOTEL
57 Rooms (incl. 4 self-contained units) 3 Storey building. Downtown Sudbury (commercial centre of Northern Ontario and home to several universities/ colleges). Located next to indoor outlet mall. Minutes walking distance to Bus Terminal. Currently O/A student housing (100% occupied). Many uses including hotel, retirement and etc. Recently renovated rooms, baths, common areas and 3 common kitchens. Newer furniture, WIFI, appliances, security system. In-house laundry room. Original full commercial kitchen in basement and Elevator system in place (currently not used by operator). Private parking. Call for details. 4513_DJW_3_0017
110 Ridgetop Rd. Available September 2016
- Fully fenced, gated entrances, great security
PRoPeRty At A glAnce: • Taxes (2012) $76,473.50 • Located in Central Scarborough • 205’ - 401 Frontage on Eastbound Lanes
info@110-ridgetop-road.ca
• Over 250,000 Vehicles Pass by Daily • Fully Fenced and Secured Yard • Many Uses Including Outside Storage
www.110-ridgetop-road.ca
Please say you saw it in The Commercial Investor
11281846_1314
3.3 acres
Greater Toronto Area
2637 Square foot corner industrial unit with 900 square foot mezzanine not included in the square footage. Clean industrial space with one drive in door and one man door, excellent exposure, bright unit with windows on two sides. Contact Sam Tassone 416-665-2020 ext 25 for more details or www.oakwoodrealtycorp.com
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Volume 14 Issue 03
Commercial Real Estate & Business Opportunities
Leonardo Hara
Smart Choice
Realty Solutions Brokerage
Sales Representative
Office: 416.743.2285 leohara@rogers.com www.LeonHara.com
647.668.4272 – – – – – – – – – – – – – – – – – –
plaZas: AAA Tenant - 10 years lease – 7.5% Cap Rate – 150 km west Toronto – 22 acres – 300,000 sf – Business Centre - $50 mil – 7% CR Toronto - $45 mil – 6.5 % cap rate 70 KM west of Toronto - $18.75 mil – 7.5% CR – with potential Bank – 400 km west – $18.5 mil – 5% Cap Rate 300 km West - $12.2 mil – 6% CR – AAA Tenants Collingwood – $8.5 mil – 7% CR – 7.5 acres - Potential GTA plaza – $8.5 mil – 5% Cap Rate 400 km North – $6.5 mil – AAA Tenants - 6% CR SDM - 300 km east of Toronto - $5.5 mil – 6% CR Texas Plaza – 10% CR - $4.8 mil – AAA Tenants 200 km West Plaza - $3.95 Mil - 7% CR 50 km west Montessori – 10-year lease – 7% CR $2.7 mil Plaza – 130 km west - $2.5 mil – 7.5% Cap Rate 50 km west – Doctors’ Offices – 10 year lease – $2.3 mil – 7% CR 250 km West - 15 year lease single tenant - $1.17 mil - 7% CR Midland - $635K – 47K net income
– – – – – – – – – –
Toronto – 66 units - $8.25 Mil 5% CR Toronto – 57 Units – $7.1 Mil -4.7% CR London – 56 Units – Condo Status – $6.9 Mil -5.5% CR Sarnia - $5.55 Mil – 65 res + 8 com = 7.7% CR 48 units – $3.5 Mil – 7% Cap rate – 300km North-East 54 units – $3.5 Mil – 6.7% Cap rate – 200 km east Sarnia – 31 units - $2.1 Mil – 7% CR 300 km West Mix building – 7 apts + 5 offices - 1.1 mil - 7% CR Belleville - $1.09 Mil – 9% CR – 5 apts. + 7 Offices 50% return on investments in 4 years backed by GTA condo projects
apartMent Building/MOtel/hOtels
prOjects/develOpMent, land – Peterborough – 100,000 sq ft mix use and existing 50,000 sq ft with income $8.25 mil – Orangeville - $4 mil – 53 acres (business park) & $1 mil – 17 acres (employment) – Toronto - $3 mil – 20,000 sq ft lot CL zoning – Georgian Bay – 40 estate Lots $2.5 mil (group of lots available also) – 3 Acres in Guelph – $1.8 mil – approved for Gas Station – busy intersection – 3 Acres in Scarborough - $1.6 mil – Industrial zoning leases – Brampton – 41,000 sf divisible – $7.8 s.f. gross – Downtown Toronto – 4750 sf each floor – 2 floors offices at $29 sf – Hwy 427/QEW – 22,000 sf divisible at $7.9 sf – Toronto – 20,000 sq ft lot CL zoning - $4.5/ sq ft. Medical, Office & industrial – 100 km west - $12.65 mil – A class office building - 8% CR – Retail/ICI Building – Toronto – Hwy 401/Hwy 400 - $2.75 mil – Kitchener – Medical Building - $1.95 mil – 7% Cap Rate – Office Building – Windsor - $1.285 mil – 11% Cap Rate – 37% ROI 1st yr - 55% ROI - 5-10 yrs – MONTANA, US, Studios – 400 km West - SDM - 6.2 mil - 8% CR!!!
PhaseOne PhaseTwo SiteRemediation Environmental Site Assessments
For ~ purchasers ~ vendors ~ realtors and lenders 8297113_1314
Greater Toronto Area
Let a Real Estate Investor, Manager & Realtor Help You Sell, Buy or Manage Properties, Implementing Optimal Marketing, Management and Investing Strategies... 8148048_1314
Borehole Drilling Soil Sampling Groundwater Testing
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~ Fast turnaround to meet closing deadlines ~ ~ Cost effective assessments by experienced environmental scientists ~ ~ Over 15 years of experience assessing Commercial, Industrial & Residential Properties for Brokers, Property Management Firms & Financial Institutions ~ Please call to receive our free report on new changes to environmental regulations ~
905.825.2943 871 Equestrian Court, Oakville
~ Servicing All of Southern Ontario ~ Please say you saw it in The Commercial Investor
Volume 14 Issue 03
41
Commercial Real Estate & Business Opportunities
8975448_1314 1314_DJW_2_0022
1314_DJW_0059
$1,049,000
$1,699,000
$699,000
$189,900 SPACIOUS CUSTOM FURNITURE & ACCESSORY STORE. GORGEOUS SHOWROOM. IN HOUSE ESPRESSO BAR & DESIGN STUDIO. RENT 5,566 INCL TMI. LEASE EXTENSION POSSIBLE.
PROFESSIONAL OFFICE. GREAT LOCATION. HIGH DEMAND AREA. APPROX. 1,750 SQ FT, TONS OF PARKING, HUGE LOT 100 X 200 FT. WELL MAINTAINED BUILDING.
$460,000
$230,000 LOCATION, LOCATION, LOCATION. ESTABLISHED RESTAURANT FOR THE PAST 15 YEARS. BUSY THOROUGHFARE WITH LOTS OF WALK IN TRAFFIC, OVER 4,800 SQ FT, SEATS 164 PATROS, LLBO, OWNER WILLING TO TRAIN, LEASE IS VALID FOR 4 MORE YEARS WITH AN OPTION TO EXTEND FOR A FURTHER 5. 1314_DJW_0063
BRAND NEW 1,535 SQ FT UNIT IN NEWLY DEVELOPMENT PLAZA! TONS OF PARKING, EXCELLENT EXPOSURE! IDEAL FOR PROFESSIONALS & SMALL BUSINESS OWNERS!
1314_DJW_0062
1314_DJW_0061
COMMERCIAL/RETAIL PLAZA SITUATED ON A VERY BUSY CORRIDOR. APPROX 0.61 ACRES OF LAND & 4,150 SQ FT PLAZA, 4 UNITS THAT CAN BE USED FOR A VARIETY OF PURPOSES, TONS OF PARKING AVAILABLE. TERRIFIC OPPORTUNITY.
$750,000
PRIME YONGE & SHEPPARD LOCATION. ZONED FOR COMMERCIAL USE. CAN BE USED FOR A PROFESSIONAL OFFICE. NEWER ROOF, FURNACE & DRIVEWAY.
1314_DJW_2_0020
1314_DJW_2_0054
GREAT INVESTMENT & DEVELOPMENT PROJECT. APPROVED SITE PLAN & ARCHITECTURAL PLANS AVAILABLE FOR 11 FREEHOLD UNITS, 7 TOWNHOUSES & 4 SEMIS.
$2,999,900 ONE OF A KIND HISTORIC DETACHED MANSION LOCATED IN THE TRENDY FASHION & ENTERTAINMENT DISTRICT OF TORONTO. BOASTING APPROX 6,000 SQ FT & 9 GUEST ROOMS, 5 BATHS & 2 FULL KITCHENS, SPACIOUS FORMAL PRINCIPAL ROOMS, ORIGINAL WOOD STAIRS, WINDOWS & TRIM, ORIGINAL WALL MURALS & TAPESTRIES, ORNATE CEILINGS, WALL MOUNTINGS.
1314_DJW_3_0055
1314_DJW_0058
$3,290,000 29.94 ACRES AVAILABLE AS COMMERCIAL TOURISM ZONING + 3.69 ACRES FOR RESIDENTIAL ZONING! LANDMARK DEVELOPMENT OPPORTUNITY, 8 UNIT MOTEL + 14 COTTAGES ON CEDAR LAKE CLOSE TO THE NORTH MUSKOKA RIVER & WATERFALLS! 4 KMS FROM HISTORIC BRACEBRIDGE!
$180,000 EXCELLENT OPPORTUNITY TO OWN A HEALTH FOOD FRANCHISE. HIGH PROFILE LOCATION. MODERN EQUIPMENT. MONTHLY RENT $6,100 INCLS UTILITIES
Please say you saw it in The Commercial Investor
$119,000 CONVENIENCE STORE SERVING THE COMMUNITY FOR DECADES. TONS OF TRAFFIC, TURNKEY OPERATION THAT INCLS ALL FRIDGES, FREEZER & SHELVING, ATM & LOTTO.
Greater Toronto Area
$6,399,000 LOCATION. LOCATION. LOCATION. THE PERFECT CORPORATE HEADQUARTERS. HIGH PROFILE VISTA FACING THE GARDINER EXPRESSWAY. MINUTES FROM TORONTO & PEARSON AIRPORT.
1314_DJW_0060
1314_DJW_0057
1314_DJW_2_0053
Sam McDadi Real Estate Inc., Brokerage
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businesssavvy
Commercial Real Estate & Business Opportunities
Volume 14 Issue 03
Is your small busIness vulnerable to fraud?
O
rganizations of all sizes are susceptible to fraud and scams, but it’s the small and medium businesses that are the most vulnerable. According to Canadian accounting associations, SMBs represent the most important employment sector in the country, constituting 99.7 per cent of all business establishments and two thirds of the private workforce, making them a prime target. Their limited ability to allocate resources to prevention and detection means that fraudulent activity can usually go unnoticed until a high price has already been paid. “Another factor that makes small businesses susceptible to fraud is the limited overall knowledge that they have on the subject” notes François Ramsay, Senior Vice-President, Corporate Affairs and General Counsel for Yellow Pages Group.“ The majority of SMBs aren’t aware of the different
ways they could become victims of internal and external fraud, which makes it difficult for them to identify the chinks in their armour and to ensure prevention, detection, and appropriate response measures.” To help increase awareness, Ramsay identifies some of the most common and other not-so-obvious types of fraud that exploit small businesses. Employee Fraud: Unfortunately, studies have shown that even trusted employees, who don’t fit the stereotypical profile of a thief, can engage in fraud-related conduct. If they have easy access to funds in a company that lacks appropriate control systems in the accounting and inventory departments, employees may give in to the temptation to take company resources when faced with personal financial stress and the right opportunity. Impersonators: Some scammers send pretend invoices or try to pass themselves off as legitimate businesses that you usually deal with. SMBs may receive bills for print and online listings or advertisement which they did not order or authorize. Other order forms or invoices that seem to come from well-known supplierscould actually be from fraudsters who have made very
Please say you saw it in The Commercial Investor
Volume 14 Issue 03
Commercial Real Estate & Business Opportunities
Is your small busIness cyber-safe? With the increasing use of mobile devices and the prominence of social media in our lives, cyber crime poses serious security risks, especially for small businesses. In 2013 alone, cyber crime has cost Canadians $3 billion (in USD) according to a recent Norton report. “Being cyber safe is a practice that should be part of a company’s regular operations,” says Paul T. Ryan, Chief Technology Officer for Yellow Pages Group, a company that provides digital media and marketing solutions to Canada’s small businesses. “Small business owners may believe that they are too small to be targeted by cyber criminals, but the fact is that they’re a huge target because of their often less robust security systems.”
subtle changes to that company’s logo and name, hoping that you won’t notice and that you will pay the invoice. Start-ups are especially vulnerable to illegitimate companies claiming to represent the government by offering them funding programs which are hard to understand. Cyber Fraud: Most small business owners are aware of malicious software that poses online security threats. Spyware, malware, and trojan horses are all designed to gain access to sensitive information stored on your computer by tricking you to click a link or visit a fake website. Even social media platforms are potential risks with links sent by a direct message from fans’ and friends’ accounts. But fewer people know about mobile phone scams. Text messages and missed calls coming from numbers you don’t recognize can charge a premium rate when you call or answer back. Small companies who rely most on their mobile phone for business are prime targets. Identity theft: Scammers are assuming business identities in order to steal company assets, such as client lists, credit card information, and business relationships. Confidential electronic information and paper document thefts can be committed in the most mundane way, when computers are not properly password protected or files are left out in the open. Some businesses also do not take proper steps to destroy sensitive data safely, making dumpster-diving and hacking into company networks easy ways to access information. Once businesses have identified their areas of vulnerability to fraud, they can then start taking periodic assessments of risks and developing a simple response plan to guide staff and management in cases when fraud is detected. More information on this topic is available online at yellowpages360solution.ca/fraud.
Ryan suggests implementing a few security measures for small businesses that are looking to protect themselves against cyber fraud: • Tablets and smartphones are great tools for sales teams but, because of their size, they are a target for both theft and fraud. Always protect your devices with a password, frequently back-up your data, and install security, encryption, and locator apps to protect sensitive business information. Most importantly, don’t access private information on free Wi-Fi networks, as they often aren’t very secure. • With the growing use of mobile comes the move to cloud computing. It’s great for data storage, as well as for marketing and sales, but this means that you’re storing your data online, outside your business and sometimes outside the country. Protect yourself by using a service that allows you to encrypt information before uploading or sharing and by only giving access to a limited number of people in your organization. Don’t forget to do your research before choosing a service provider; read their legal terms, know where your data is being stored, and make sure their service fits your security needs. • Social media sites provide another marketing tool for small businesses to reach their potential customers, but they’re also easy targets for hackers looking to get access to private business information. If you’re using social media to promote your business, select only a small number of individuals who can post on your company’s behalf. Also, it’s important to use the site’s privacy controls, ignore requests for sensitive business information, and continue to be on the lookout for spam posts. For small businesses, cyber crime continues to be a very real threat. Ultimately, cyber safety must become the responsibility of all members of an organization, and with the implementation of simple security measures, the high cost of falling victim to this kind of fraud can often be prevented.
NC
Please say you saw it in The Commercial Investor
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Volume 14 Issue 03
Commercial Real Estate & Business Opportunities
Tony Giannini Sales Representative
RE/MAX PERFORMANCE REALTY INC., BROKERAGE 1140 Burnhamthorpe Rd., Suite 141 Mississauga, ON
905-270-2000 Email: agiannini@trebnet.com 9774309_1314
MODERN 3 BAY COIN CAR WASH Automatic car wash & Dog Wash on prime location. Thriving cash business in growing town within Guelph with major residential developments. Separate pet wash, 3 coin bays, automatic car wash unattended, vacuums, blowers for drying car in each bay. Vending machines, security camera system with internet access for monitoring. Asking $749,900. 0914_DJW_1_0094 0914_DJW_1_0095 0914_DJW_1_0096
Greater Toronto Area
Over 6000 sq ft bldg. fully renovated with new roof and 1280 sq ft bsmnt. 3 commercial units and 4 renovated apartments separately metered. In the heart of Streetsville close to bus, Go, Hwys. Great investment at 6% cap rate. Asking $1,920,380. 0914_DJW_0106
For lease. Property located in Halton Hill at Trafalgar and Steeles with one large 2-storey home, one bungalow, huge barn with two levels and an apartment and a sports field. Many uses from garden centre to storage to retail. Can lease whole property or part of it. Call now to preview.
Principals Only
8 BAY COIN CAR WASH & PET WASH 7 years old. Located just minutes from Mississauga in a highly populated and growing city. Nothing like it for sale. Call for private viewing. Will not last. Asking $2.6 million. 0914_DJW_2_0037
Excellent Oakville Development site. 1.5 acres. Currently rented for $3000/mth. Road to be widened & directed to new hospital. Use as contractor yard or develop. Asking $1,199,000.
0914_DJW_0107
0914_DJW_2_0090
URGENTLY Needed for anxious qualified buyer. High volume gas stations and High Volume coin Laundromat. Retail strip plazas. High volume car wash. SELLING!! CALL NOW FOR FREE CONSULTATION Please say you saw it in The Commercial Investor
Commercial Real Estate & Business Opportunities
45
Greater Toronto Area
Volume 14 Issue 03
11274591_1314
Please say you saw it in The Commercial Investor
46
Commercial Real Estate & Business Opportunities
Greater Toronto Area 11276658_1314
Please say you saw it in The Commercial Investor
Volume 14 Issue 03
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Commercial Real Estate & Business Opportunities
Greater Toronto Area
11237352_1314
Volume 14 Issue 03
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Volume 14 Issue 03
Commercial Real Estate & Business Opportunities 9893073_1314
MassiMo Farina
JDF Realty Ltd 999 Edgeley Blvd. Vaughan, ON Office: (905) 660-4949 ext. 224
BROkER
Email: mfarina@jdf-realty.com VAUGHAN - LEASE
VAUGHAN - LEASE
TORONTO - LEASE
Up to 19,700 SF. Surrounded by box retail. Great location. Industrial Rates and good exposure. 1 TL & 2 DI doors. 1314_DJW_0036
3274 SF industrial end unit with street exposure with a truck level door. Also available 1200 SF office 2nd floor. 1314_DJW_0037
Outstanding Exposure on Steeles Ave. W! 10710 SF freestanding bldg. High traffic. 1 TL & 1 DI, won’t last!
VAUGHAN - LEASE
VAUGHAN - LEASE
fOR SALE TORONTO
1314_DJW_0039
Prime Commercial. 2049 SF. Join Burger King, Fedex, Baton Rouge. Outstanding exposure. Immediate access to Hwys 7/407/400. 1314_DJW_0040
• 70,000 SF Bldg • 18’ clear • Flexible Shipping • Great Office/ Showroom Area • Quick access to Hwys 400/407 and TTC **Principals Only**
REFINANCE *Rates as low as 2.62%
GROW YOUR COMMERCIAL INVESTMENT PORTFOLIO REFINANCE YOUR COMMERCIAL INVESTMENT PROPERTY TO BUY MORE PROPERTIES
includes retail plazas, mixed use and multi-residential, apartment buildings Don’t pay for unnecessary refinancing costs!
Save Time!
• Administration Fees
• No need to re-qualify for a property you already own
• Environmental Reports
• No need for personal income documents for a mortgage that is paid by the rental income
• Building Assessments
• Get your money as fast as 10 business days Get up to 85% Loan-To-Value (LTV) on the Appraised Value, not the Bank’s “Estimated Market Value” (EMV)
LEARN THE BENEFITS OF EQUITY LENDING
CALL or EMAIL: info@fourplexmortgage.com *Net Effective Rate for CMHC insured product as of March 10, 2014. 5 Year Term 2.62% and 10 Year Term 3.39%
Lijoy Ulahannan Commercial Mortgage Broker
Lic# 11514
647.547.2122 Ext. 119 1.855.547.2122 Ext. 119 Please say you saw it in The Commercial Investor
11250884_1314
Greater Toronto Area
Prime Retail. 1705 SF. Suits professional/retail uses. Ideal for dentist or doctor LAST UNIT!!
1314_DJW_0038
Volume 14 Issue 03
Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
central ontario COverINg: Barrie • Collingwood • Muskoka • North Bay • Kawartha Lakes Midland • Meaford • Paisley • Parry Sound • Orillia Owen Sound • Sudbury • Walkerton For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
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Volume 14 Issue 03
Commercial Real Estate & Business Opportunities
1-866-557-1110 705-647-1110
temiskaming realty ltd., brokerage New Liskeard, Northern ontario
www.temiskamingrealty.com
Bill Byers, Sales representative
bill-byers@coldwellbanker.ca
LIQUIDATION STORE
FREE BUILDING
Solid block 5700 sq building & business downtown Englehart, no competition, seller will train. Includes inventory and equipment. Asking $265,000. MLS 132614
With the purchase of this Earlton lot for only $54,900. 3600 sq’ plus garden centre sq downtown corner lot with lots of potential. MLS 102746
0914_DJW_1_0086
0914_DJW_1_0012
Central Ontario
RESTAURANT & BUILDING
VARIETY STORE
Great Business looking for energetic owner. Family Restaurant “Tri-Town Pizza”. Lots of potential to expand with fenced patio. Full basement, parking, office, chattels & training included. Asking $174,900. Haileybury. MLS 132910 0914_DJW_1_0010
With owner’s 1+1 bedroom apartment. Former LCBO & OLG. Walkin cooler, storage sheds & more. Great potential to start your own business at a great price. Asking $99,900. Latchford. MLS 132923 0914_DJW_1_0011
e
ic
w
ne
pr
HOME BASED BUSINESS
HIGHWAY #11
3+1 bedroom home just off Hwy #11 in New Liskeard with 50’ x 20’ attached office, carport & double garage on a 1 acre lot with plenty of parking. Also great for a large family. $219,900. MLS 131802.
Great location for visibility & access. Surrounded by Hwy #11, #569 & Development Road. Fully fenced & graveled 2.34 acre property with 3 gated entrances. 40’ x 60’ 3 year old well insulated shop with office & storage. Lots of potential with general Industrial Zoning 9 miles north of New Liskeard. Asking $399,900. MLS 140081 0914_DJW_2_0012
0914_DJW_0100
Please say you saw it in The Commercial Investor
9857729_1314
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Volume 14 Issue 03
Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
eastern ontario COverINg: Lindsay • Peterborough • Port Hope • Bowmanville • Cobourg • Trenton • Belleville • Kingston • Northeastern Ontario For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
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businessbarometer
Commercial Real Estate & Business Opportunities
Volume 14 Issue 03
Small buSineSS confidence dips slightly in March
S
mall business optimism across Canada slipped a little in March. The Canadian Federation of Independent Business’ (CFIB) latest Business Barometer index settled to 64.1 this month compared to 64.4 in February and 64.0 in January – a stable start to 2014.
“The national number is buoyed somewhat by very good results in the prairies,” said Ted Mallett, CFIB’s vice-president and chief economist.“Alberta and Saskatchewan are traditionally strong, and Manitoba also had a modest rebound in March. This pocket of strength offsets somewhat less encouraging numbers in other parts of the country.” For the first time in nine months, Alberta found itself back on top this month in terms of small business confidence, with an index of 72.7. Saskatchewan (66.4), Manitoba (61.4), and to a lesser extent Ontario (63.7), also gained ground in March. Meanwhile, optimism levels in Newfoundland & Labrador (65.9), Quebec (58.7) and Prince Edward Island (57.6) were headed down. British Columbia (71.2), Nova Scotia (57.9) and New Brunswick (56.9) saw little change. By sector, March optimism levels improved in agriculture, construction, wholesale, retail and information, as well as arts and recreation. These gains were offset by declines in the manufacturing, transportation, professional services and hospitality sectors. “Small businesses are sending some mixed signals this month about where the economy is headed,” added Mallett.“Hiring expectations remain strong, with 26 per cent of small businesses expecting to add full-timers, and only seven per cent expecting to cut staff in the coming months. That is very encouraging. However, only 36 per cent see their businesses as being ‘in good shape’, and that is the lowest reading we’ve seen since mid-2010. We will watch these indicators with great interest going forward.” Measured on a scale of 0 and 100, an index level above 50 means owners expecting their businesses’ performance to be stronger in the next year outnumber those expecting weaker performance. According to past results, index levels normally range between 65 and 70 when the economy is growing at its potential. The March 2014 findings are based on 1,115 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Findings are statistically accurate to +/- 2.9 per cent 19 times in 20. CFIB is Canada’s largest association of small and medium-sized businesses with 109,000 members across every sector and region. Please say you saw it in The Commercial Investor
Volume 14 Issue 03
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Commercial Real Estate & Business Opportunities 11285595_1314
Keller Williams VIP Realty, Brokerage Independently Owned & Operated
Murray MacLennan SaLeS repreSentative murraymaclennan@royallepage.ca
1-800-882-5525
8581212_1314
CAMPBELLFORD RETAIL/RESIDENTIAL
M
W
Miette Driver, Partner/Sales Representative Wanda Clark, Broker 613-721-7417 | Wanda@WandaClark.com
1314_DJW_0025
OTTAWA BUSINESS OPPORTUNITY!!
$599,900 Backing on to the trent. total professional reno. potential for 2 storefronts. 2-1 bdrm units. absolute showcase condition! Virtual tour at www.realestatecambellford.com
$399,000 www.realestatecampbellford.com
Beautiful renovated home... Modern new kitchen, baths, master suite with designer ensuite. Hardwood flooring, new roof, deck and walkways. Gorgeous property with Commercial Zoning at rear. The Commercial Component includes 8 storage Bays + 4 storage buildings + full workshop to run a complete business. Located approximately 20 minutes from the heart of Ottawa and close proximity to Major Highway routes 417 and 17. 1314_DJW_0096
1314_DJW_0097
William G. Bird Broker, CCIM CD williambird@cogeco.ca Cell: 613-243-2767 Office: 613-969-9907
* Each office Independently Owned & Operated
6 CATHERINE BELLEVILLE
8 units. Offices and retail, located on one of Belleville’s main arteries. #2 highway Excellent condition. Call Bill Bird for details at 613-243-2767
$1,100,000
1314_DJW_1_0051
4 uNIT APARTMENT BuILDING
$310,000
Zoning allows for business and rental income One unit currently leased, owners to move business. Upper unit is now offices but could be residential. Call Bill Bird for further details 613-243-2767
$249,000 TRIPLEX
1314_DJW_1_0050
uPsCALE BuILDING IN DOWNTOWN BELLEVILLE
Lovely 4 unit apartment buildings with 4 over-sized apartments, that have been fully modernized. Tenants pay their own utility cost (heat & hydro). Large spacious lot allows for future development. Located near Bay of Quinte. Totally stone building features newer roof, newer windows & doors, newer wiring and newer furnaces & plumbing. Offers the investor a solid unit with current rents below market value. All units are pristine condition. Cap Rate 10%. This unit has been totally rebuilt and currently offers a great investment with room to grow. 1314_DJW_0023
$224,900
This is an upscale building in downtown Belleville. Improvement includes new double glazed efficiency windows. Also upper mezzanine can be used as workspace or offices that overlooks retail space. Provides over 2,300 sq. ft. of retail space. Large full dry basement which is suitable for stock/storage or other uses. Situated in excellent retail area of Belleville. Ample room with the property to allow parking of at least 3 cars.
In Eastern Ontario for Commercial Real Estate Call Bill Bird for Sales & Leasing.
Please say you saw it in The Commercial Investor
1314_DJW_0024 10678436_1314
Eastern Ontario
PLAZA BELLEVILLE
Quinte Ltd., Brokerage*
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Volume 14 Issue 03 8177055_1314
Commercial Real Estate & Business Opportunities
ProAlliance Realty Brokerage
BRUCE COOKE BBA, CCIM, SIOR Commercial Sales Representative
Independently Owned & Operated
MAtthEw COOKE B.COMM MEAghAn COOKE BA,
Office: 613-966-6060
E-mail: bruce@cookeproperties.com
$995,000. 16 APARTMENTS 9.67% CAP
Sales Representative
Sales Representative
Office: 613-966-6060 Direct: 613-243-5146
Office: 613-966-6060 Direct: 613-243-3949
matthew@cookeproperties.com
meaghancooke@hotmail.com
$479,000. 25,000 SF COMMERCIAL BRIGHTON $1,980,000. INDUSTRIAL 55,000 SF TRENTON
Gross income $144K, excellent condition on huge lot, 12 Less than 1.5 hours East of Toronto, Post & Beam construc- Located on 5.7 acre fenced lot on Hwy #401 in Trenton, 24 of apartments were renovated in 2013, all new windows, tion, extensive renovations, 3 phase power. ft clear ceiling ht, 1200 AMP service, 7 loading doors, 75% located on the outskirts of London. leased, overhead cranes included. 1314_DJW_0090 1314_DJW_0091 1314_DJW_0092
$5,900,000. POWER OF SALE
$395,000. 7,305 SF COMMERCIAL BLDG
$265,000. FAMILY RESTAURANT BUSINESS
83 acre lot on Bell Blvd for proposed Casino & Race Track. Former public school converted to a Legion and Church has Well established restaurant at the entrances of the Industrial Park Just minutes West of Quinte Mall & Home Depot in Bel- had extensive renovation. Excellent condition on 6 acre fenced and a few blocks from the Sports Centre. Turnkey business, high leville. High traffic flow and great visibility. 1314_DJW_0093 lot in the City of Belleville. Fantastic opportunity. 1314_DJW_0094 volume, pleasant atmosphere, great location. 1314_DJW_0095
businesssavvy
Merchants have rights with credit and debit payments Eastern Ontario
W
hen processing debit and credit card payments, merchants have options and they also have rights.
If you are a merchant, it’s worth knowing the terms of your agreements for payment processing services. The Code of Conduct for the Credit and Debit Card Industry in Canada requires that merchants receive a minimum of 90 days’ notice of any new fees or fee increases related to credit or debit card transactions, and this 90-day period begins when the merchant has been provided with sufficient information about the change to allow the merchant to reasonably assess the cost implications for them. Merchants are allowed to cancel their contracts without penalty within 90 days of receiving notice of a new fee or a fee increase that was not provided for in the agreement.
In addition, when a service provider is offering a package that includes contracts with more than one party, it must give the merchant a consolidated summary of key information about each contract before they enter into an agreement. Find out more about the Code from the Financial Consumer Agency of Canada on its website, itpaystoknow.gc.ca. Look for information about the credit and debit card industry, a merchant’s rights when dealing with that industry, as well as tips for choosing a payment service provider. NC
Please say you saw it in The Commercial Investor
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55
Eastern Ontario
8305397_1314
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Commercial Real Estate & Business Opportunities
Volume 14 Issue 03
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
niagara COverINg: Niagara Falls • Niagara-on-the-Lake • St. Catharines • Thorold • Welland • Fort Erie • Beamsville • Fonthill • Port Colborne For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 14 Issue 03
57
Commercial Real Estate & Business Opportunities
www.dtz.com DTZ Barnicke Niagara Limited, Real Estate Brokerage 4056 Dorchester Rd. Niagara Falls, ON L2E 6M9
905-354-7413
9866060_1314
Y LL A C TI ED AS DUC R D RE ED
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16 DUFFERIN ST., Fort Erie
38 EAST MAIN ST., Welland
14 Unit, 2 storey walk-up Apartment 7-2 bdrm, 5-1 bdrm, 2-bachelors Full basement with coin laundry Very clean - New roof, eaves & downspouts OFFERED AT: $840,000.00 Contact: Ralph Roselli, Sales Rep.
3,900 sq ft commercial building with full basement Small mezzanine RZ - Redevelopment Zone. Many permitted uses Located downtown near Boardwalk Contact Todd Crawford, Broker Todd.crawford@dtzbarnicke.com
1813 Allanport Rd., Thorold
1314_DJW_2_0050
Rolling Meadows Golf Club R DE
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. P.O
Montrose & Yokom Rd., Niagara Falls 18 Hole Semi Private Golf Club 130.89 acres with an additional 121.45 abutting land OFFERED AT: $2,995,000.00 Contact Mark Stevens, Sales Rep. Mark.stevens@dtzbarnicke.com
93 Room Motel situated on 1.69 acres Offered on an “AS IS, WHERE IS” basis Minutes to the Falls 2 bdrm Manager’s Apt, inground pool OFFERED AT $2,050,000.00 Contact Greg Chew, Sales Rep. Greg.chew@dtzbarnicke.com
P ED
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1314_DJW_2_0055
Professional Office Building Downtown Core - 9,150 s.f. 2 storey situated on 66 x 100 lot Parking for 14 vehicles OFFERED AT: $729,000.00 Contact: Greg Chew, Sales Rep. Greg.chew@dtzbarnicke.com
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1314_DJW_1_0054
1314_DJW_1_0053
570 King St., Welland
S.
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11,200 sf Commercial Building Retail/Showroom/Warehouse Truck level door & 3 O.H. doors Situated on 3.3 acres NOW OFFERED AT $495,000.00 Contact Taylor Wilson, Broker of Record. Taylor.wilson@dtzbarnicke.com
7701 Lundy’s Lane, Niagara Falls
ICE
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1314_DJW_1_0052
1314_DJW_1_0049
1314_DJW_2_0051
50 William Street, St. Catharines
D CE
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30,000 sq. ft. Industrial Building Situated on 2 acres Loading Docks & 3 O.H. Doors, 16’ clear New roof, Ample on-site parking OFFERED AT: $995,000.00 Contact: Ralph Roselli, Sales Rep.
1314_DJW_0033
105 Merritt St., St. Catharines
Welland Professional Medical Building 1.1 acres with ample on-site parking 16,900 s.f. High traffic location OFFERED AT $549,000.00 Contact: Greg Chew, Sales Rep. Greg.chew@dtzbarnicke.com
BROKERAGE APPRAISALS MANAGEMENT
Connected Globally. Focused Locally. Please say you saw it in The Commercial Investor
Niagara Peninsula
CL
EX
businesssavvy
Mortgage regulators
make knowing the rules a little easier for brokers
T
he Mortgage Broker Regulators’ Council of Canada (MBRCC) have developed a tool to help mortgage brokers better understand the licensing requirements for mortgage transactions that cross provincial borders.
The MBRCC designed the tool to provide brokers with guidance and to help them identify the licensing requirements for mortgages where the borrower, the broker and/or the property are in different provinces. When users select the location for each, they are provided with information on the likely licensing requirements. “Brokers need to know which requirements apply before they can arrange the mortgage,” Kirk Bacon, MBRCC Chair, said.“This tool is easy to use and it’s a great place for them to start.” The provinces have adopted different approaches to determine whether a license is required. The MBRCC tool simplifies the licensing process by considering the locations of the borrower, the broker and the property. While not the only elements used to determine whether and from which jurisdiction a license is needed, where the borrower, broker and property are located often affect which rules apply.
“Technology that makes transactions across provinces possible is becoming more and more common,” Bacon added “Anyone who brokers a mortgage that has elements in different provinces needs to know the rules that apply. This tool is here to help with that.”
About MBRCC: The MBRCC is an inter-jurisdictional association of mortgage broker regulators that seeks to improve and promote harmonization of mortgage broker regulatory practices to serve the public interest. Its members work together and with stakeholders to identify trends and address common regulatory issues through national solutions that support consumer protection and an open and fair marketplace. MBRCC members represent the nine provinces that currently have legislative and regulatory frameworks governing mortgage brokers or have an interest in developing one; British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia and Newfoundland & Labrador. MBRCC Homepage: www.mbrcc.ca
Volume 14 Issue 03
59
Commercial Real Estate & Business Opportunities
8494906_1314
11285383_1314
Prime Development Opportunity PART 1 YORK ROAD, NIAGARA ON THE LAKE
Approx 11 acres
Strategic location. QEW at Glendale Gateway to Niagara on the Lake. Minutes to St. Catharines, Niagara Falls and the US border. 30 min to Buffalo and 45 minutes to the GTA. This 4.75 acre parcel is next to the new RCMP Headquarters in Niagara. On the wine route. Zoned prestige industrial. Design build. Financing available. Other parcels available from 5 to 20 acres.
Banquet facility/ development land
1314_DJW_5_0055
$1,900,000
Please say you saw it in The Commercial Investor
Niagara Peninsula
40 McCabe Ave, Welland
Volume 14 Issue 03
Commercial Real Estate & Business Opportunities
great investment/development land Garden City Realty Inc
8181576_1314
60
Brokerage Independently Owned & Operated
Tony Tripodi
905-641-1110 cell: 289-241-6954
Broker
tripodi@sympatico.ca
*INDUSTRIAL*COMMERCIAL*INVESTMENT*
THE DEAL OF THE YEAR
1314_DJW_0001
Last large parcel of prime development/investment land in the Niagara-On-The-Lake Business/Industrial Park. Close to all amenities, QEW, USA Border, airport and GTA. This vacant industrial land offers great potential being zoned prestige and light industrial. See listing agent for additional details. EVO Phase One available plus survey. Lot frontage on Townline is 266 feet assembling more or less 28.8 acres. At $150,000 per acre this is the least expensive and largest parcel available for development in this industrial park. Already established companies like Purolator, the new federal building, Clares Harley Davidson, Can-Pick Cranes, the New Huskys and the DOT to mention a few. 11282058_1314
St. Catharines, On. 155,000 sq ft building, on 14 acres of land. Presently used as warehousing and solar panel system. Monthly rent for the next 9 years is $46,000. From the 11th to the 20th year will be yearly over $400,000 net. Plus 120 unit self storage (not operated yet), with space available for an additional 120 units. 6 acres zoned for low rise apartment building. Asking only $3,900,000. Don’t miss this opportunity - Call today for more details. Email tripodi@sympatico.ca direct 905 323 7064 1314_DJW_0084
RichaRd m. oswald Sales Representative Email: roswald@homesniagara.com Bus: (905) 357-3000 FaX: (905) 356-5602 toll FREE: 1-888-216-4440 cEll: (905) 380-4667
Niagara Real Estate Centre Inc., BRokERagE INdEpENdENtly owNEd & opERatEd 3770 Montrose Road, Unit 1B Niagara Falls, ontario l2H 3k3
Thorold, On. 83,000 sq ft building on approc. 5 acres of land. Loading dock, drive-in doors, approx. 5,000 sq ft of office area, overhead crane. Height varies from 12’ to 22’ clear. Plus separate Quonset house, approx. 5,000 sq ft, leased at $20,000 yr., plus utilities. Asking $1,800,000.00 Possible terms call now! Email tripodi@sympatico.ca direct 905 323 7064 1314_DJW_0085
Call Tony Tripodi @ 905-323-7064 or email: tripodi@sympatico.ca
Niagara Peninsula
Please say you saw it in The Commercial Investor
Volume 14 Issue 03
61
Commercial Real Estate & Business Opportunities
Greg Howe
gamhowe@sympatico.ca
Sales Representative
6150 Valley Way, Niagara Falls ON L2E 1Y3
905-935-6838
Independently Owned & Operated
905-346-2000
NIAGARA BROKERAGE
11285195_1314
4625 LYONS PARKWAY, CHIPPAWA/NIAGARA FALLS. POTENTIAL BED & BREAKFAST $737,000
46 RYKERT, ST CATHARINES, EXCLUSIVE LISTING
Custom built newer 2380 sq ft waterfront bungalow with 2 separate in-law apartments. Ideal for large or extended family. $200,000 in recent upgrades, walkout to enclosed (22 x 14 ft) with fireplace then to inground pool. Followed by a boat deck situated on Chippawa Creek leading to Niagara River then Niagara. Handicap accessible, too many features to mention. Owner requests serious inquiries only.
Newly renovated 4 unit brick 2 storey apartment building consists of 1 - 1 bdrm, 2 - 2 bdrm and 1 - 3 bdrm units. $$27,000 gross income, tenants pay hydro. $200,000 in renovations. Owner willing to assist with financing.
1314_DJW_0012
1314_DJW_0007
1314_DJW_0013
26 VICTORIA ST. PORT COLBORNE - TRIPLEX FURTHER REDUCED $179,000
6383 DRUMMOND RD NIAGARA FALLS $379,000
5077 CENTRE ST NIAGARA FALLS $998,000 EXCLUSIVE LISTING
11% CAP RATE
3250 sq ft building with basement and parking. Presently used as a Caribbean restaurant/bar/variety store, many permitted uses. Great high traffic corner location on busy street. Roll up doors to patio, owner could consider including all equipment, chattels and fixtures base on full price. 1314_DJW_1_0016
One 3 bdrm @ $800 monthly plus gas and hydro. 2 - 1 bdrm @ $575 monthly each plus hydro (electric heat) maintenance fee character home located 1 block from downtown and half block from canal and historic West Street.
5770 STANLEY AVE, NIAGARA FALLS
533 LAKE ST. CRYSTAL BEACH $99,900
Commercial property sitting on 3 lots, 2 on Stanley and 1 on Buchanan. Ideal for any kind of auto repair or tradesman garage with parking lots. Building area 6824 sq. ft.
1314_DJW_0010
50 x110 ft lot size, consists of 4 unit apartment that requests extensive work, value in land. Priced well below assessment, located 2 doors from Lake Erie and the “Palmwood” waterfront and patio restaurant. 1314_DJW_0011
5777 STANLEY AVE. NIAGARA FALLS, $189,000
57 JOHN ST, THOROLD LA SILA BANQUET HALL $1.6M
6150 VALLEY WAY, NIAGARA FALLS REDUCED $3,250,000
Presently used as a Duplex. 1 - 2 bdrm and 1 - 1 bdrm. Can be easily converted back to a 4 bdrm house. Zoned Commercial. Many possible business uses. Full basement double garage with loft and hydro. Lots of parking. Adjoining properties also available. Try your offer.
Over 9,000 sq ft, 2 halls, 2 bars, 2 kitchens, 2 floors. Only 10 years old. Steady clientele.
23,000 sq ft office/medical building known as “Medical Arts Building.” This landmark has undergone extensive interior and exterior renovations. Tenants include walk-in clinic, pharmacy, chiropractors, law offices, real estate offices, custom brokers and other medical and business uses. Appraisal available.
1314_DJW_1_0017
5788 BUCHANAN AVE, NIAGARA FALLS - TRIPLEX EXCLUSIVE LISTING
Solid brick 3 unit apartment located at the top of Ferry St near Clifton Hill. Maintenance free 1-3 bdrm, 1-2 bdrm, 1-1 bdrm. 1314_DJW_0009
1314_DJW_0015
1314_DJW_0014
218 VINE ST. ST. CATHARINES EXCLUSIVE LISTING
1314_DJW_0008
79 RIDLEY RD. ST. CATHARINES EXCLUSIVE LISTING
10% CAP RATE
Consists of 3 buildings in total, 5 apartments. 4-2 br units and 1-1 br unit. Generating $4000 monthly gross income. 3 commercial bays almost 4000 sq ft in total. Ideal for a contractor who needs an office and living quarters. The remaining tenants will pay the mortgage. Owner willing to assist with financing.
Newer 4 bay, 8200 sq. ft. mechanic repair shop. Many possibilities, 20 ft ceilings and 16 ft doors, parking up to 20 vehicles. Owner willing to assist with financing.
1314_DJW_1_0008
57 UNIT APARTMENT BUILDING IN NIAGARA FALLS, IN THE HEART OF THE NEW UNIVERSITY/COLLEGE CAMPUS PROPOSAL, GOOD CONDITION ONLY $87,000. PER UNIT
1314_DJW_1_0007
1314_DJW_1_0030
5345 SLATER AVE & 5302 STAMFORD ST NIAGARA FALLS $699,000 EXCLUSIVE LISTING
Motel/Lodge consisting of 12 refurbished rooms with a main house Managers suite with living quarters, all surrounded by an abundance of flowers and greenery. Great return on Investment. Ideal for family run business. Minutes walk to Falls & Casino’s. I also have 4 more Motels/Hotels in the Heart of Tourist District with up to 52 rooms and $3.4 Million. All exclusive to me. 1314_DJW_1_0026
CAN’T SELL YOUR PROPERTY IN NIAGARA, I HAVE INVESTORS WHO WILL BUY ALMOST ANYTHING IF YOU BUY ONE OF THEIR PROPERTIES OF THE SAME VALUE.
Please say you saw it in The Commercial Investor
Niagara Peninsula
Consists of 135 seating (3,000 sq ft) restaurant with patio and parking lot, 4-2BR apartments upstairs. Located 1 block from Clifton Hill. Many possibilities including convenience /variety store and diner. Owner retiring, in business since 1951. This is a gold mine.
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Commercial Real Estate & Business Opportunities
Volume 14 Issue 03
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
business investor The perfect place to list all of your business opportunities For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 or Email: doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com
Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________
Please say you saw it in The Commercial Investor
Volume 14 Issue 03
63
Commercial Real Estate & Business Opportunities
Mortgages
PRIVATE LENDING IS NOT JUST FOR RICH PEOPLE... IT WILL MAKE YOU RICH! For many years, we have been assisting people to make their money really work for them in mortgage lending. Most of the big, RICH, private lenders out there started out as just average people, that took the leap into mortgage lending regardless of what friends and family thoughts were. Many are stricken with fear of losing their money when contemplating this investment vehicle. Before dismissing this investment direction, consider the following points. Private lending can be very financially rewarding. Private lending is certainly not like putting funds into a guaranteed account with a guaranteed rate and a modest return. Yes, there is a bit more involved. The mortgage brokerage you work with is key. The typical brokerage will have a range of mortgage offerings that will include offerings that cater to individuals that are in a dire position. They may be losing their property and/or their mortgage is in arrears, their credit is challenged and they need to consolidate. The banks will not lend under such circumstances as the risk is too high. These are the type of deals I would not lend on, but are the basis of the high yielding returns. Lending criteria has changed so drastically in the past few years. Banks have really tightened up their lending rules, specifically when it comes to income properties. This is when a private lender can come into play and really leverage on this opportunity to make anywhere from 8-20% annual return. These clients generally have clean credit, good income and other assets. This would make for a safer investment. Lending your Self Directed RRSPs: You can utilize your RRSPs in this type of investment. Most folks are seeing very slim returns in their plans, unless you are in the industry of watching markets, you typically will not experience anything positive. The Self Directed route is really not too difficult in terms of process. The broker should handle the entre process from providing you the lender with the complete details of the investment so you can make an informed decision. – Check List: Credit bureau, credit application, appraisal or an evaluation, income and a scenario of why these borrowers are seeking funds. Note: Not all RRSP plan holders will allow for you to self direct your funds into mortgages. Please confirm with your plan holder as to their protocol on mortgage lending. I am aware of plans that do so and have worked with them for several years, some are much less work and make it easier and less costly for you the lender. You can also make equity in your home really work for you as the current rates are insanely low, borrow at a variable rate of 2.102.50% and lend at 9-20%, great profit. This is a great venue for people that are sitting on equity. For example, for a senior that has reduced income, this can bring you additional funds monthly and give you the peace of mind you are looking for. Scenario – Borrow a mortgage for 100K your monthly payment @ 2.25% interest and a 25 year amortization would be $436. Lend 100k at 14% interest at an interest only monthly payment of $1,167. Your profit is a super $731 per month. In addition, you are paying down your mortgage with this borrower’s interest payments. As a bonus, you are also paying down principal of $3,018 in the first year (this will increase over time). So, you can service your debt, pay-down your principal loan and earn extra income to build a retirement nest egg. Not bad. At the end of the typical one year term the funds come back and you can re-invest again. Ok, so that is the positive side of this investment vehicle. What about the risks? What if a borrower does not pay their mortgage? The private lender is typically in second position. It is imperative for you to confirm that the first mortgage is up to date so you can control the sale process. Don’t let this scare you. If you have a good loan to value on the property you will be in a good position to charge back costs plus any associated fees to the sale. The key in managing your risk is to do your proper due diligence on the property and get a realistic valuation from a reputable Appraiser or valuator. There is a lot of detail in this, but with proper counsel, the returns are worth this potential risk. Being a private lender has made people very wealthy. Do not let fear cripple your vision of having a great return. Contact carmen@profunds.ca for complete details and start to make your funds work for you – build your wealth.
Carmen@profunds.ca
www.Profunds.ca • invest@profunds.ca
1.888.330.3866
3390 South Service Rd., First Floor, Burlington, ON L7N 3J5 | 905.842.7011 x22 | Fax 905.842.7241 9649286_1314
Please say you saw it in The Commercial Investor
Business Investor
A member of
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Volume 14 Issue 03
Commercial Real Estate & Business Opportunities
DOORS SALES AND INSTALLATION
WOmAN’S/mEN’S AppAREL RETAILER
The Company sells and installs overhead doors, installing doors for new construction condominium and high-rise rental apartments and distributing equipment and parts. Operating over 30 years - revenues are in the $5.5 M range and earnings in the $400K range.
Operating since 1992 with 12 stores located throughout key centers in Ontario, the business enjoys high margins with private branded products. Revenues are in the $5 million range and earnings in the $600K range.
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NDT pROVIDER Company provides NDT/NDE training, products, and services. Clients are in power generation, oil and gas, engineering training/consulting, and other service industries. Located 1 hour outside the GTA. Revenues are in the $7.5 M range with earnings averaging in the $500K range.
ld
Company manufactures niche topical medical products considered Class II medical devices in the US and Class I in Canada. And a range of topical personal care products. Located in the GTA with 8 FT, the business generates $2.5 M in revenues and earnings in the $450K range.
r de r un ffe o
W ITY NE TUN R O PP
mANUFAcTURER OF AUTOmATION EQUIpmENT FOR FOOD INDUSTRY
The Company is engaged in heavy industrial and tool fabrication. Operating over 20 years in the GTA and with 25 highly trained employees, the Company generates revenues of $6 million with earnings in the $2 million range.
mANUFAcTURER OF AUTO BODY TOOLS & EQUIpmENT Located in the GTA the Company manufactures tools and equipment for the auto body repair industry. Serving the aftermarket with 85 active customers in the US and 35 in Central and Western Canada, Company has revenues in the $3 million range.
LIFT TRUcKS AND HANDLING EQUIpmENT
mFG. TOpIcAL mEDIcAL pRODUcTS
The Company provides engineering consulting to building services, municipal services, private enterprise, transportation, Crown corporations, bridge design, and geotechnical. It serves multiple cities, counties, and districts in Ontario. Company employs 114 FT and generates revenues in the $13.5 M range.
O
cNc mILLING AND TOOL FABRIcATION
INjEcTION mOLD cOmpANY
Operating over 30 years and servicing the automotive industry the company employs 16 ft and generates over $2 million in revenues with earnings in the $350K range. Ownership will remain as needed to transition the business.
ENGINEERING cONSULTING
r de un ffer o
Business Investor
Located in Southwestern Ontario the company provides advanced and robotic systems for poultry, beef, pork, cheese, sliced meats, readymade foods, and industrial washing systems for all segments of the food industry. Revenues in the $6 million range and earnings in the $900K range.
The company sells, rents and services handling and racking equipment serving the farm and construction industry. Located one hour west of GTA with over 500 accounts, Company generates revenues over $4 million and earnings in the $450K range.
HOmE cAREGIVER
Non-medical, in-home care company providing a wide range of services, meal preparation, housekeeping, errand services, grocery shopping, companionship, transportation services, personal care, laundry, respite care, recreational activities, 24-hour care, live-in care, and palliative care. Revenues are $1.2 Million and earnings are in the $225,000 range.
EQUIpmENT & DIES mFG. Operating since 1993 and located one hour outside the GTA - the Company specializes in the design and manufacturing of stamping dies and special purpose equipment. Revenues are in the $7 million range and earnings in the $2 million range.
“Selling Your Business is our Business” 416-780-0009 or 1-866-490-9991 Please say you saw it in The Commercial Investor
8157086_1314
H
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I
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N 8148414_1314
Mazhar Roshan Sales Representative
905.929.9800 905.318.3800 647.609.9463
Direct 24 Hr. Pager
BROKERAGE
GTA Direct
mazharroshan@sympatico.ca DESIREABLE ANCASTER LOCATION
On Wilson Street at the corner of Hwy #52. Across from the Ancaster Fairgrounds. Brand new Esso Gas Station and a modern restaurant coming soon. 7 units to choose from, has 2 bay auto garage. Good for any type of retail, office, commercial, warehouse or other uses. Call listing agent for further details. 1314_DJW_0004
D TE VALER I T O SEL
Excellent investment opportunity for builder or your own home. Attractively priced bldg lots in prime Niagara area. Mins to QEW, Niagara Falls & US border. Nice country setting with munic water & n/gas avail. 12 lots to choose from, 1 with 4 acre parcel. Buyer responsible for costs, availability of permits, levies & dev charges.
1314_DJW_1_0003
BUSINESS FOR SALE BURLINGTON - $89,900
Location, Location, Location! Long established variety store, doing 25K sales per month + lottery + more, need prudent enterpreneur, great for family run operation, long lease reasonable rent, call LBO for more information.
Long established mattress manufacturing business for sale, owner retiring. Lucrative opportunity for business enterpreneur, easy operation, money maker. Seller will provide full training and establish list, for more details call. 1314_DJW_1_0018
GREAT BURLINGTON LOCATION - $114,900
1314_DJW_1_0019
RETAIL STONEY CREEK MOUNTAIN 1314_DJW_1_0024
ED ATER V TI L O EL M S
price reduced Restaurant/Bar/Poolhall business, runs on short hours Monday-Saturday, 15,000 sq ft facilitiy with very reasonable rent and long lease, hands-on entrepreneur needed, lots of potential, showings after 2 pm.
INVESTMENT PROPERTY ASKING $159,900
d
l so
House with finished basement. Separate entrances. Basement has 1 bedroom with kitchen. Upstairs is totally finished with 3 bedrooms, living & dining room, and kitchen. Good for large family or investment opportunity. Property has 2 separate meters. Close to Ottawa Street.
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.
HAMILTON MOUNTAIN
d
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1314_DJW_1_0034
LAND FOR SALE 1314_DJW_1_0064
ED ATER V TI L O EL M S
M
1314_DJW_1_0066
Retail commercial space in strip plaza. Anchored by Tim Hortons. Close to 403 exit and rapidly growing commercial sector. Suitable for many kinds of retail, commercial or office uses, TMI for 2012 is $5.00 per square foot, call LBO for more information and showings.
1314_DJW_0006
BUSINESS FOR SALE
1314_DJW_1_0060
1314_DJW_1_6668
FOR LEASE BRANTFORD
1314_DJW_0005
Very busy and desirable location on Hamilton Mountain. Money making, long established sandwich and sub shop doing over 5000 per week in sales, owners absentees operation, good for family operation or hands on entrepreneur, reasonable rent and long lease, please do not go direct, call LBO.
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legallyspeaking
Commercial lease agreements: Why landlords need lawyers By Jayson Schwarz and Konstantine Chatzidimos
O
wnership of income-producing properties typically involves the negotiation of commercial leases with your tenant(s). This article explores a few of the considerations inherent in the negotiation and drafting of commercial lease agreements. Covering off all the bases
Commercial leases are complex documents and in this article we can only skim the surface. You need to speak to a lawyer who understands this area of law. There are fundamental components of the lease which a solicitor should prepare/review to ensure it meets your practical and commercial expectations. Principally, you will want rental payments defined and broken into “base rent” and “additional rent.” Base rent is your money. This is the amount used to determine net income. Additional rent represents all of the expenses that may be shared by the tenant or paid directly for utilities such as electricity, water and gas and things like maintenance insurance and realty taxes. If you are thinking of a net-net lease this is critical. Have you ensured the lease clearly defines how any increases in rent during the lease term are calculated? 12G COM
Aside from the financial considerations noted above, commercial leases must also cover off any “special” requirements to prevent confusion going forward; as an example, use clauses or renewal terms. Tenants typically prefer leases with renewal options. Tenants typically also desire the ability to “assign” their lease as this affords them flexibility to sell their business. Any such provisions should give you broad discretion to vet any prospective assignee to ensure they would be a prudent and reliable tenant. The lease should make sure the tenant will pay any legal and/or administrative costs incurred on any renewal or assignment of the lease. Negotiation of the lease Landlords often have their standard form or “boiler-plate” commercial lease agreement which they present to prospective tenants for review prior to execution. Savvy tenants will typically have retained a lawyer to review the document and offer proposed amendments. In a scenario where there will be a back-and-forth in respect of the ultimate wording – and particularly where the prospective tenant has retained a lawyer – I highly recommend hiring a solicitor to quarterback the negotiations. From my practice I have found landlords all-too willing to cut out provisions which could severely compromise them in the interests of not losing the tenant. Conclusion It goes without saying that all warranties, representations and terms outlining the landlord/tenant relationship must be incorporated into the lease agreement. These documents can often run between 30 to 50 pages in length. It is far better for your commercial lease to be “too long” than “too short.” Sitting down with an experienced commercial lawyer to properly negotiate and draft your commercial lease at the front end can save you considerable aggravation down the line. Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the website (schwarzlaw.ca), email (schwarz@schwarzlaw.ca), or phone us at 1-888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.
Jayson Schwarz LL.M is a Toronto business lawyer and senior partner in the law firm Schwarz Law LLP. Konstantine Chatzidimos is a Toronto business lawyer and associate in the firm.
Paul Manion Royal LePage Your Community Realty, Brokerage
Independently Owned and Operated
Sales Representative
9 0 5.731.2000
11284353_1314
Investment Opportunity Outside of the GTA
$650,000 4800 Sq ft Plaza, 14 years old, On busy throughfare. Vendor to take back first mortgage of $450,000. Terms to suit. Call for details 0914_DJW_8000
$999,500 2 Storey Office/Residential. 4000 sq ft of professional offices. Fully occupied plus 7 apts - 4-2 bdrms & 3-1 bdrms. All with balconies. Original owners. 0914_DJW_1_0006
COMMERCIAL CONDOMINIUMS IN WATERDOWN ■ Great opportunity to be your own landlord.
From $249,900
■ Commercial condominiums available in rapidly expanding Waterdown.
■ Located in the commercial corridor with many newly built homes close by. ■ Perfect for clinical, retail and offices. Call listing broker for permitted uses 3313_DJW_0051
905-689-PEAK (7325)
5 Hamilton St. N. Waterdown ON L0R 2H0
11284354_1314
Phil Calvano Broker of Record Cathy Calvano Sales Representative
13G COM
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2014 80 Commercial 60 Summit 100
R EGIONAL C OMMERCIAL C OUNCIL Council of the
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“Regional Growth Opportunities”
Find out what is driving productivity and advanced manufacturing growth in the HamiltonHalton-Niagara areas. Learn what is happening regionally from the industry experts.
Keynote Speaker:
Thursday, April 24, 2014 8:30 a.m. – 12 noon Royal Botanical Gardens
Sheila Botting
680 Plains Rd., W., Burlington, ON
– Partner and National Leader, Real Estate, Deloitte
7:45 a.m. – registration 8 a.m. – breakfast
CE Credits – 3
30+ HST
$ Economic Development Panel:
Chris Phillips – Senior Advisor, Planning and Economic Development, City of Hamilton John Davidson – Director, Economic Development, Halton Region Bob Seguin – Director of Economic Development, Niagara Region
Presentation:
Horizon Utilities – Smart Growth Development & Connections Policy
S p onsors onsors::
Please register me for the 2014 Commercial Summit – April 24, 2014
(Please print)
Name:
Company:
Address:
City:
Province:
T.:
Email.:
Cost: $30 + HST = $33.90 *
Bill my account (RAHB Member ONLY)
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Expiry:
VISA
Mastercard
Signature: * no REFUnDS iSSUED aFtER aPRiL 17/14
To register please fax 905.529.4349 – Attn: Kathy by April 17, 2014 14G COM
9526693_1314
Commercial Properties Business Opportunities Franchise Openings & more!
Orillia Realty (1996) Ltd. Brokerage
ASKING $2.5M
705-325-1373
Donna J. Smith
Burloak real estate services - Brokerage independently Owned & Operated brOkerage
sales representative
williamjoelh@gmail.com office: 905-335-3042 | cell: 289-442-0561
0914_dJw_0010
Direct
705-330-1289
IS GOLF YOUR GAME?
18 Hole Golf Course - Driving Range as well. Just north of Barrie, Ontario on the north side of Hwy 11, Turnkey operation. Established 28 years - on 92.96 acres. Includes a 3 bedroom brick house, lic’d Clubhouse - outbuildings - Equipment (no rentals). Course and buildings in pristine condition and well managed. “The Perfect Family Business”. MLS# 585490077 (See Virtual Tour). Then call to view. Donna J. Smith Broker Direct: 705.330.1289 1314_DJW_0080 1314_DJW_0081
0914_dJw_0009
B RO K E R donnajsmithremax@gmail.com
CORA - BREAKFAST AND LUNCH
HIGH TRAFFIC RETAIL SPACE
For Sale Golden Horseshoe location.
For leaSe Burlington ON. - 2 Units
High traffic loyal clientele. Established in 2009.
2,000 sq. ft. end cap. $20.00/sq. ft. 2,775 sq. ft. retail/warehouse $12.00/sq. ft. 11284163_1314
(University/Downtown Area)
449K Building Only @ 10% Cap rate
Sona Panchi
SALES REPRESENTATIVE
0914_DJW_0091
0914_DJW_0090
BRANTFORD LISTINGS
Brown Dog Cafe, Brantford $379K Royalty Free/Growing Sales
ALSO AVAILABLE 3 Buildings Investment/ Development: $3.5MM Bar/Grill with Building: $349K Great Location Auto Garage Available
Direct: 647.281.5581 sona@investsellbuy.com InvestSellBuy.com Office: 905.507.5177 30 Eglinton Ave., W. Suite C128 Mississauga, ON L5K 3E7 11284544_1314
$1,750,000 Exit Realty Hare (Peel) Brokerage Independently Owned & Operated
Eugene Dignum
Stephen Dignum
Sales Representative
Broker
Designated for Office centre gateway to Brampton. This is a special policy area with possible related retail and commercial uses accessory to office development. Last remaining parcel 4913_DJW_1_4000 in this corner. Just reduced significantly. Great opportunity for development.
1.866.297.3948 I
THE COMMERCIAL INVESTOR: SPOTLIGHT
0914_DJW_8001
11277268_1314
Ltd., BROKERAGE
2.24 Acres approx. Corner lot. On Brampton/Caledon border. Close to future development. Great investment property. Comes with 5-level b/split home with 2 kitchens, 3+2 beds, 3-4 pc baths. Call for further details.
www.eugenedignum.com
Commercial Properties • Business Opportunities • Franchise Openings & more!
16G
COM
9853283_1314
Commercial Properties Business Opportunities Franchise Openings & more! 11285385_1314
RARE INVESTMENT OPPORTUNITY
HAMILTON - DOWNTOWN CORE
Well maintained legal multifamily homes close to downtown core, GO shopping, bus, school. High demand rental area. Many renovations in recent years. Upgrades include roof, furnace, windows, 3 baths, all entry doors. Water line from City to property. 5 fridges & stoves. Steel fire escape. To view or put in your offer call Frank Radman.
ESCARPMENT REALTY INC. Brokerage Independently Owned & Operated
SERVICE THAT MOVES YOU
FRANK RADMAN
Highly rentable area, close to thriving Ottawa St. and accessible public transportation. Many improvements including new windows on front, new boiler (2008) and new roof (2009). Great Cap Rate. To view or to put in your offer call Frank Radman. 1314_DJW_2_0069
Sales Representative
(905)
545-1188 Email: frankradman@rmx frankradman@rmxemail.com
1314_DJW_2_0070
“CALL FRANK TODAY - THE FIRST STEP IN MAKING THE RIGHT HOUSE YOUR HOME!”
Find Any Kind of Business ON YOUR MOBILE DEVICE 30,000+ LISTINGS 75% EXCLUSIVE (50 - 150 NEW LISTINGS DAILY)
1,400+ BUSINESSES FOR SALE 400+ BUYERS 30,000+ Haves & Wants of
www.iciworld.com
INDUSTRIAL, COMMERCIAL, RESIDENTIAL & INVESTMENT REAL ESTATE AS WELL AS BUSINESS OPPORTUNITIES
OR www.iciworld.mobi FOR ALL MOBILE DEVICES
The Market ICI World Real Estate Network 131 Bloor St. W., Suite 200 Toronto, ON, Canada M5S 1R8
App Store
Bus.
“IT’S INFORMATION AT YOUR FINGER TIPS”
416-840-6227 1-877-272-1721
$5.00/sf (Net), Renewable at $5.50/sf (Net) on 5-Year Terms; $1.95/sf TMI (Estimated) 410
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Close Proximity to 410, 407, 401 Individually Metered Hydro and Gas Wide-open Bays in Industrial Sections
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40 Holtby Ave, Brampton
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IN DU S S FO PAC TRIA R L ES L EA SE
V i s i t w w w. B o u t i n M a n a g e m e n t . c o m f o r m o r e d e t a i l s
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Call Victor Boutin at 416.258.8830
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MLS MLS MLS MLS
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Radiant Heating in Warehouse Entire Building Upgraded
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ENTREPRENEURS, DEVELOPERS AND OPPORTUNISTS!!
$2.3 MILLION Charles Hanes, Broker, Stomp Realty (Direct) 647-694-9280
I 416-366-3033 (Office)
THE COMMERCIAL INVESTOR: SPOTLIGHT
Here’s an opportunity to pick up the marbles and run! FULLY APPROVED “SHOVEL-READY” 32 UNIT IN CITY LAKEFRONT CONDO DEVELOPMENT SITE FOR SALE. Originally bought by a group of NHL players for $3.2 M. Then another $800,000 in legal, architectural, marketing and sales material (all of which is included)! There is even a sales pavilion on site! They sold 40% of the units immediately but failed to Register with Tario and everything came to a screaming halt, deposits returned, leading to bankruptcy. Many unique features like “build at 25’ from the shore” (100’ today) approved 8 boat docks (0 today). LISTED AT $2.3 MILLION OR develop your own dream/Family Estate for a comprehensive Offering Memorandum contact: Charles Hanes, (Direct) 647-694-9280 I 416-366-3033 (Office)
Commercial Properties • Business Opportunities • Franchise Openings & more!
Mortgages
WONDERLAND PATH TOWNHOMES L O N D O N
#12051
background illusrtation purposes only
*actual house rendering
47 Incredible Townhomes Pre Construction Prices starting from $279,900! Positive Cash Flow up to $686 per(permonth! unit / unit specific) · Only 22 pre-construction units available at this price! · Reservations being taken now - first come, first serve
26 25 24 23 22
32 31 30 29 28 27
21
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· Built for Rental · 3 Bedroom: 33 Units, 1425sq ft., 1 Car Garage
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· 4 Bedroom: 14 Units, 1700sq ft., 2 Car Garage
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· Property Management: Available
36 37 38 39
Up to 21.5% ROI on 20% Down! Up to 49% ROI on our RRSP Exchange Program!
14 13 12 11 10 9
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1.888.330.3866
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Currently for pre-construction sale in phase I.
*Units 23-47
44 45
Will be available in phase II.
46 47
Location
Wharncliffe Road South, London Minutes from Highway 401!
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Visit us Online:
www.profunds.ca
DISCLOSURE: This is not an offer to sell securities. Licensed mortgage agents/brokers and independent legal advice are required to close all transactions. All mortgages are closed through Verico Pro Funds Mortgages Inc. (Financial Services Commission of Ontario – FSCO Mortgage Brokerage License No. 12051).
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*Units 1-22
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Pro Funds Mortgages • 3390 South Service Rd. Suite #201, Burlington ON, L7N 3J5
18G
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Site Map
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Real estate brokerage respresentation is R.O.I. Realty. This is a Pro Funds Project.
Call Us Today:
5
builders dream!
BUILDERS DREAM! MIXED USE DEVELOPMENT SITE - $4,888,000
• T urn-key 37,867 total square foot development opportunity •D ensity 3.39 times site area • 142 Approved residential units • 6,124 square feet of retail •C urrent Tenant: Free cash flow of approx $220,000 • E xcellent transportation options: DVP, Eglinton, Victoria Park Ave. ++
toronto east retail plaza EXCLUSIVE - $8,800,000
ve exclusi
UXBRIDGE LAND
andthe by m! listed Tea soldPB 49 acres
Approx 49 beautiful acres!!! Prime road exposure across from Main St. Stouffville. Includes 2.5 bdr home, 2 barns & 1/2 mile horse track. Land has tons of future potential! $1,438,800
Established professional medical building w/ long-term medical service providers ie: pharmacy, radiology lab+++Prime main subway stop! $8.00/sq. ft. net. Several months free rent. Call George Politis for details 416-554-7653.
BUSINESS OPPORTUNITY
RESTAURANT - STEELES/KEELE
ve
•R etail Plaza with Major Bank exclusi as Anchor Tenant! •P rime East Toronto Location, Major Intersection! • Over 18,000 Sq Ft! Opportunity to own your own business! Owner • Two Buildings, 9 total units! retiring after 30 years! Top quality marble manu• Over 1.5 Acres in Prime Area! facturing & renovations! Condominium & custom home builders contracts++ $100,000+ in machin• Development Potential! ery & contracts included in price! New owner will be trained! $350,000 - George Politis 416-554-7653 • Parking for Over 60 Cars! & Peter Glezakos 416-606-7882.
LEASE - DANFORTH - MEDICAL SPACE LEASE - KINGSTON RD RETAIL/OFFICE SPACE
Turn-key dental office at Danforth/Victoria Park! Two chairs and 60K in leaseholds at no cost to new tenant! $12 Net - Call George 416-554-7653.
1,250 sq ft of PRIME Kingston Rd retail space! Excellent st. exposure! Includes finished 1,250 sq ft basement! Major intersection! Excellent terms AND 6 months FREE rent! $10.85/ sq ft. Call George 416-554-7653.
LEASE - MAIN ST. - MEDICAL SPACE
Own your own restaurant! Established over 20 years! Turnkey operation, 65 seats, LLBo license, and all chattels. Great location with heavy traffic, businesses & officeses. Open 6 days/wk, 7:00 am-7:00pm. $150,000 - insales! $79,900 Stock, Call Peter 416-606-7882.
garrison Point & the college VIP PRICING & INCENTIVES
GARRISON POINT (Lakeshore/Strachan) 3% cash back or 2 yr leaseback, assignment fee waived, and capped development charges! VIP
THE COLLEGE (College/Spadina) Call for details.
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THIS SPRING, ADD SOME COLOUR AND RETURNS TO YOUR INVESTMENTS!
Mortgages #12051
Your Real Estate and Mortgage Investment Specialists
Private Lending Info Session Compliments of Pro Funds Mortgages
• April 24th, from 7-9pm at Sheraton Toronto Airport Hotel • Providing expert knowledge on investing in mortgages • Safe secured investments with fixed returns • 10-16% Annual Returns • RRSP (registered funds) eligible, cash and equity in your home
RSVP by phone, website or email. Seating is limited.
Backed By Over 25 Years of Experience RECENT TESTIMONIAL: “I am hoping that Pro Funds will continue to offer new mortgage investment opportunities in the coming months. After meeting you last year, I feel very confident lending through Pro Funds. Moreover, the experience with the last three mortgage investment closings with Pro Funds was simply excellent! Finally, depositing the monthly interest into the bank account was executed seamlessly!”
Use Profunds For Your Financing! Residential, Commercial, Development & Construction. Let us provide you with the most competitive rates.
1.888.330.3866
www.profunds.ca 9741130_1314
Pro Funds Mortgages • info@profunds.ca • 3390 South Service Rd. Suite #201, Burlington ON L7N 3J5