Issuu

Mar 28 - Apr 25, 2015, Volume 15 Issue 03

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! COMMERCIAL RETAIL/OFFICE CONDOMINIUM OPPORTUNITY YOUR NEW HOME FOR BUSINESS!

Situated along QEW corridor in Grimsby at Casablanca Blvd. 1100 sq./ft. Units starting at $264,900. Ideal for investors or end user. Surrounded by high density residential development with direct exposure to QEW and major anchors. 60% Sold.

AVAILABLE FOR SALE AND LEASE Nicholas Kazan, Broker | Nicolas Von Bredow, Broker Homelife Marco Realty Inc., Brokerage,

1-888-751-2229

A rare opportunity to acquire a completely renovated Victorian commercial office building strategically located in the heart of Toronto’s prestigious Bloor/Yorkville.

18 Hole Golf Course and Driving Range as well. Just north of Barrie, Ontario on the north side of Hwy 11, Turnkey operation. Established 28 years on 92.96 acres. Includes a 3 bedroom brick house, lic’d Clubhouse - outbuildings - Equipment (no rentals). Course and buildings in pristine condition. Well managed. Asking $2,250,000. Call for details.

Donna J. Smith, Broker

RE/MAX Orillia Realty (1996) Ltd. Brokerage, 705-325-1373

FREE SUBSCRIPTION!

Tel: 519-836-2080 – Fax: 519-836-2081 Email: wjmdavies@rogers.com 1315_DJW_0006 27 PRINCE ARTHUR AVENUE, TORONTO

THE PERFECT FAMILY BUSINESS

donnajsmith@remaxorillia.com Direct: 705-330-1289

Large brick & stucco 8-Suite apartment building featuring 6 – One-Bedroom, 1 - Two-Bedroom and 1 - 3 Bedroom Suite plus basement. Rear 5 apartments have been renovated. Gas Heat. Parking at rear. Zoned CBD1 Downtown Guelph. Controlled entry. ASKING ONLY $800,000. EXCLUSIVE LISTING. FOR MARKETING BROCHURE, CALL: Winston Davies, Broker of Record, WinCorp Realty Inc., Real Estate Brokerage, 45 Keats Crescent, Guelph, Ontario N1G 3B1

1513_DJW_0008

• 3889 sq. ft. on 4 levels • Features include multiple fireplaces, high ceilings, Victorian detailing, new hardwood flooring, 2 south facing decks • An ideal owner/user opportunity or seller will consider a sale lease-back.

Offered For Sale at $ 3,285,000.00 by: K.P. Gillen & Co. Realty Ltd., Brokerage (416) 964-9460 e-mail: kevin@kpgillen.com

1315_DJW_0014

FC_1315 (COM)

Tel: 905.574.3038

GUELPH DOWNTOWN - 8 SUITES - $800,000

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

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SEVEN SIXTY

LAKEVIEW TERRACE Mortgages #12051

• P m • ± • B

Ma 519 ma

LAKESHORE RD - MISSISSAUGA

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• • • •

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COMM_GLOSS_1315.indd 2

www.profunds.ca

info@profunds.ca

2015-03-24 1:43 PM

Lon 380 N6A T 51 F 51

This d has n Inform at any Reserv

SOUTHWESTERN ONTARIO INVESTMENT TEAM

SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities Residential Development Opportunity

Mixed Use Neighbourhood Plaza

Guelph, ON

• • • •

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

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

CS5 - Local Shopping Centre zone class 21,023 sq. ft. ground floor retail and office 24 Residential suites on second floor Asking $4,250,000

Waterloo, ON

London, ON

NE corner of Wellington Rd. S and Dingman Dr. 20.69 acres Great visibility and access to highway 401 $5,250,000

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

Owner/User Opportunity London, ON

• • • •

GLA: 20,031 sq. ft. Tenant: Future Shop Lease Expiry: September 2023 Asking Price: $5,000,000

Long Term Investment Opportunity Kitchener, ON

• Two tenant industrial opportunity • Strong redevelopment potential • 8.1% Cap Rate

• Fully leased large industrial facility • Long term, strong covenant tenant • Ideally suited for redevelopment

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

Banwood Square | 3335 Banwell Rd.

Commercial Development Land

Windsor, ON

• High end office space with park-like setting • Zoning permits medical/dental, clinics, general offices and warehousing • Asking $2,400,000

• • • •

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

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

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

Timmins, ON

Joe Benninger* CCIM Brook Handysides* 519 340 2323 519 946 3030 joe.benninger@cbre.com brook.handysides@cbre.com

High Profile Industrial Investment

Retail Development Opportunity

• • • •

Single-Tenant, Carefree Net Lease

Cambridge , ON

• Potential for ±480 multi-residential units (towns/ mid-rise) • ±13 acres • Bid Due Date: May 8th, 2015

11284449_1315

Six (6) unit neighbourhood shopping plaza 14,515 sq. ft. on approx. 1.72 acres Projected 2015 NOI: $264,464 Asking $3,150,000

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

London, ON

• • • •

Wellington Road just south of Commissioners 0.65 acres with 150 feet frontage ASA zoning permits broad range of uses Asking $795,000

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

* Sales Representative ** Broker

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

www.cbre.ca

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

COM

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NP 1138 - LAYOUT - Commercial Investor - Issue 03.pdf

2015-03-17

3:22 PM

COMMERCIAL OPPORTUNITIES

(519) 438-5588

519.438.5588

FOR SALE SALE // LEASE LEASE FOR 1

FOR SALE 2

521 Burbrook Place

1025 Elias Street

1020 Princess Avenue

• Sale Price $475,000

• Sale Price $795,000

• Sale Price $395,000

• Lease Rate $3.95 psf Net

• Lease Rate $3.50 psf Net

• 11,200 sf

• 15,481 sf - Industrial

• 11,642 sf

•

ATTENTION INVESTORS of London’s premier neighbourhoods. This property has solid income potential, great investment or owner occupy opportunity. Renovated kitchen and bathrooms, and recently replaced windows, insulation, drywall, sump pump.

Contact Listing Agents for further details

Tyler Desjardine * ext 232 Gary Pollock ** ext 222

Jameson Lake * ext 240

$339,900

$2,600,000

ST. THOMAS, Ontario

18.84 Acres of Prime Residential Development Land surrounded by Residential and Commercial Development 14.88 Acres Zoned R3-42 • Single dwelling • Semi-detached dwelling • Home occupation David Jongerden * ext 242

3.96 Acres Zoned R5-35 • Townhouses, Apartment Buildings • Day Nursery, Church, Private School, Nursing Home

14.88 Acres Zoned R3-42

3.96 Acres Zoned R5-35

Philip N. Cassis ** ext 231

FOR LEASE

FOR SALE

SARNIA, Ontario

LONDON, Ontario

SOUTHWESTERN ONTARIO INVESTMENT PROPERTY PORTFOLIO

• Great exposure / well maintained lot

DTZ London is pleased to offer FOR SALE the Southwestern Ontario Investment Property Portfolio.

FREE STANDING BUILDING • • • • • •

Approximately 19,000 sq.ft. Dock Loading Ceiling Height 22-24 Feet Fantasic Exposure Renovate-to-suite an option Former Sport Chek building

Kenn Poore ** ext 224

$12.00 psf

FOR SALE

• Parking for 100+ vehicles • Zoned R2-2 •

Andrew Johnson * ext 230

$695,000

The portfolio comprises of 16 assets located in Hamilton, London, Woodstock, Chatham, Orillia and Belleville totaling approximately 253,343 square feet. oodstock, Chatham, Orillia and Belleville total-

Brent Rudell *** ext 236

$35,800,000

11266917_1315

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

WWW.DTZLONDON.COM

COM

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LONDON D TTE VEAN ES! S NEOC T D E R E R GURIA S UP

$2,875,000 • Asking $1,895,000

Go o on 2d3U . TRu. 4p%sid rOn.oI .ve e r

• 1 19x xBachelor One Bedrooms

$79,861 per Suite • Asking $78,958 Many Drive Recent • Short to Upgrades Western Including Roof, Parking, University and Fanshawe Common Area Hallways, College Unit Renovations • Four Storey Walk-up Professionally • Clean and WellManaged

17x xOne 3 TwoBedrooms Bedrooms • Individually 20 x 2 Bedrooms metered • 5.1% Tenants CapPay Rate Own • 15.0% Hydro R.O.I • Ex. Outdoor 1st Mortgage Surface Parking of

• $890,00 Upside Potential @ 5.430% on due Rents Property Property Maintained 6.0%2017 CAP (CMHC) Rate to be • Located inLow North End of to • Aug, •Attractive Rate VTB London, With CloseMaturing to Coincide of

• Assumed 23.4% R.O.I.

University First Mtg of Western

• Treat Financing as

Ontario

Clear

TORONTO A& DININA P AAD RR SSP BLLOOOO &B

• Asking: $2,095,000 $2,400,000 $1,950,000 $1,900,000 • High demand Annex area immediately next door to Subway Station & close to Bloor Street West • First property is a 19 unit licensed, upper scale rental accommodation • Second property is a more conventional investment property with 3 apartments + 3 rooms with shared common areas on top floor

TM UA PRTE RTNUKRE PRON PA TEY OF EN R ILETY

• 314 x Bachelor x Two Bedrooms 91x xTwo Three Bedrooms Bedrooms • Well is routinely 11 x water One Bedrooms • Well Building Maintained situated Building tested CAP & maintained • 5.25% Rate • Great immediately Older Super outside • Property •10.2% R.O.I subject to Intendendant downtown area Couple in a • Ex. registered 1st Mortgage easement Must • Possibilty beautiful natural to Convert setting • be 6.4% Assumed. CAP Rate $1,273,614 • Hydro Superintendent to Individual on-site Meters • @3.14% 17.6% R.O.I. P+I $6,524 Due • Currently •Solid Concrete fully occupied • Jan Treat‘23 financing as Clear Call Dani MayPizzoferrato Consider VTB • Construction Tenants pay own Hydro - • Seller Second for further Mortgage details •Large Apartments with individually metered • Seller is a Registered Large Bedrooms Real Estate Broker • Asking $99,783 $86,600 per suite

15 SUITES 23

• 6 x Bachelor

• Asking $5,800,000 • Asking $71,605 per Suite • Historic School House Converted to Apartments in the 1990’s • Professionally Managed Property

43 x One Bedrooms 29 x Two Bedrooms 3 x Three Bedrooms • Well Maintained and Landscaped Property

• Thermal Windows • Building Experiences Very Little Vacancy

• 6.3% 6.0% CAP Rate • 23.8% 19.9% R.O.I. • Treat Financing as Clear

2 CENTRAL T.O. BLDGS

81 SUITES

OSHAWA LONDON

COLLINGWOOD CLARINGTON

HALIBURTON ORILLIA

• Asking $2,295,000 $1,299,000

• 22 x Bachelors • 1 x One Bedroom • 2 x Two Bedrooms • Seller prefers to sell both properties as a package. (Speak to L/A. Seller may consider sale of individual property) • Call Listing Brokerage office for income & expenses • Treat As Clear • Properties are listed as Heritage buildings

T AS REA CL T EA R

LL D WE AINE T N AI

• Ample Surface Parking

36 SUITES 24

T E EN LOLW ANNC CEL ETN IO A EX IN T C MLAO

PELHAM (NIAGARA) 2S RV PRR PE EODP ICEERE UECR D ETDIE S

tai

D ll OL WeS in Ma

F Lo inish we r L ed ev els

• Asking $2,425,000 • 12 x Two Bedrooms • This Asking $134,722 per Suite Complex 69-Unit Townhouse sold 6 x Threewas Bedrooms • Tenants pay Heat/Hydro exclusively by Skyview Realty Ltd, Brokerage. • Each Townhome has •3 Bedroom Units have Ideally located in the North End of Oshawa, own High-Efficiency Full property Bath + 2 Powder the was well maintained and located Furnace & Hot Water Roomsto all amenities, making it a highly sought close Tank after rentalUnits location. •2 Bedroom have There was upside • Newer Shingled Roofs potential rents and the capital items were Full Bath +on 1 Powder Clean, Property in good condition on the• date ofQuiet closing. The Room property experienced little vacancy and had • Each Townhome has • Units Show Nicely aWood goodBurning tenantFireplace base. The• 4.6% property CAPwas Ratesold by Dani Pizzoferrato. and Finished Lower Level • 12.6% R.O.I. with Walk-out to Private • Treat Financing as Clear Patio

69 TOWNHOUSES 18

T EN E LL SE CESTTION X E UCA AM LO

• Asking $799,000 $1,495,000 • Asking $88,778 per Suite Gorgeous century includingWith the Commercial mansion 7 Legal unit. Apartments • Located Along Cabana by the Main Pool (Used Commercial Strip For Short Term Rental)

DD 6P EVUEP L PO L ETXE OLPEMX+ +NCT ENT O IAM LM

• 7 Bedroom 1x1 Bachelor 1 6x5 1 Bedrooms •A1 unique investment x 2 Bedrooms opportunity with Unit 1 x Commercial • investment 7.2% CAP postential

• Near Drug LargeNew BarnShoppers on Property in • Town said the 17.0%has R.O.I. Mart &Condition Other AAA Good Retailers • Main House is approx. • 5,000 Tenants All Utilities sq.Pay ft. including a • 700 Good Site sgRedevelopment ft. Solarium

within the • property Treat as lies Clear boundary. Buyer to • urban VTB Small Second do their own due diligence Available

7 Rental + Mansion 10Units SUITES 8172756_1315

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EN V O R P H T I NS W O I T A C O L E TS P E PRIM C N O C E FRANCHIS

S E I T I N U T R O OPP . W O N E L B A L I AVA . INC. TODAY P U O R G N BSIDIA groupinc.com n ia id s b CONTACT O o t@ en 52 developm -877-272-29

8302229_1315

327 BARTON ST., STONEY CREEK

247 CENTENNIAL PARKWAY N., HAMILTON

COMMERCIAL/RETAIL/OFFICE SPACE COMMERCIAL/RETAIL/OFFICE SPACE Office/warehouse space available with overhead door. Close to highway and in very visible location. Ideal for light industrial/distribution. 1400 sq. ft - $1195.83 + HST/month

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

1315_DJW_5000

1315_DJW_1_0028

8 MAIN ST. E., HAMILTON

OFFICE SPACE Available Immediately. Downtown office space from 489 sq. ft - 1548 sq. ft, From $650/month + HST. 1315_DJW_1_0029

905-777-0252 ext 304 E-mail:

info@desantis.com

www.desantis.com

8148088_1315

Tony DeSantis

COM

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$5.4M

0515_DJW_1_0051

• Century Home currently converted to office • Prime location in Downtown Kitchener • Double garage plus an additional 6 parking

$3,500,000 49 CONESTOGA COLLEGE BLVD, KITCHENER $3.5M

$1.995M

146-154 ERB ST W, WATERLOO

$1.8M

0915_DJW_0020

0515_DJW_1_0094

$12.95 P.S.F.

0515_DJW_2_0053

55 DELHI ST, GUELPH

• 1910 Georgian Revival architecture, originally the nurses residence • Located directly beside Guelph General Hospital

FREDERICK MALL, KITCHENER

• Retail units and Pad Site available • Mall undergoing extensive renovations • On Bus Route and Highway 7/85 • Great neighbourhood mall with 23,603 AADT (2012) • Join Valumart, CIBC, Dollarama and many more • Call Duncan McLean

735 WOOLWICH ST, GUELPH FOR LEASE

101 HAZELGLEN DR, KITCHENER

4 - 51 WOODLAWN RD W, GUELPH 1315_DJW_0002

• On bus route • 12,000 s.f. + basement • 25 spaces parking • Call Ryan Briggs

1315_DJW_0001

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

• Zoning allows numerous commercial uses • Public transit at door • Call Duncan McLean

0915_DJW_0021

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

• Vacant Land for redevelopment • High visibility in Kitchener's Downtown core

0515_DJW_1_0104

$549,900

0515_DJW_1_0156

8372 SIDEROAD 30, FERGUS

$575,000

26 KING ST E, KITCHENER

• Four properties on 0.58 of an acre. • Zoned MR-6. Architectural concept drawings for a 6 storey, • 30 Unit condominium building with 1 level of underground parking. • Call Ryan Briggs

• 9 single detached plus 27 townhome lots • Services on street • Close to Woodstock • Call Ryan Briggs

• 1,500 s.f. store front $1,775/mth+HST • 2,520 s.f. 2nd floor office space $1,900/mth + HST • Divided into 8 offices • Zoning allows many retail & office uses • Call Duncan McLean

• 0.96 acre Pad Site close to Highway 6 • Potential for redevelopment • Zoned SC-1 (Service commercial) • Call Ryan Briggs or Duncan McLean

KITCHENER, ONTARIO

519.578.0337

COMM_GLOSS_1315.indd 7

CELL:

$2.5M

• 3.72 acres at Block Line & Strasburg Rd. • Pre-approved for 76 stacked townhouse • Site can accommodate up to 200 units depending on parking. • Partial City levies paid • Approx 1.7 acres allocated as scenic easement. Call Neil Koebel

• 5 acres of C-6 zoned land across from Conestoga College • Zoning allows many commercial, retail, restaurant, office and accomadation uses • Highway exposure • Located within seconds of Highway 401 • Call Duncan McLean

1315_DJW_0003

RESIDENTIAL LOTS, INNERKIP

1275 BLOCK LINE, KITCHENER

$11.95/SF

• 1,114 square foot unit with drive-in door, 2 offices, washroom & open area • Great exposure close to Walmart, Home Depot, Canadian Tire, etc. • CAM $6.95/sf • Call Ryan Briggs or Duncan McLean

RYAN BRIGGS

DUNCAN MCLEAN

CHRIS McFARLANE

Sales Representative

519.498.5775

Ryan@cmarealty.ca

CELL:

519.590.7997

CELL:

11280798_1315

• Commercial Plaza on 4.3 acres across from Conestoga College • 13,874 sq. ft. • Tenants include dentist, pizzeria and Chinese restaurant • Located within seconds of Highway 401 • Call Duncan McLean

spaces in the rear • Finished basement with separate access • Call Ryan Briggs

0515_DJW_1_0008

2480 HOMER WATSON BLVD, KITCHENER $5.25M

0515_DJW_8002

• Potential for further development at rear of property • Call Chris McFarlane

0515_DJW_8001

• Building still under warranty • Five minutes from Conestoga Collage • 18 stacked townhouses in six buildings ranging from 3, 4 and 6 bedrooms

$875,000

181 FREDERICK ST, KITCHENER 0915_DJW_0019

806 DOON VILLAGE RD, KITCHENER

519.588.6683

Duncan@cmarealty.ca Chris@cmarealty.ca

2015-03-24 1:44 PM

SOUTHWESTERN ONTARIO INVESTMENT TEAM

SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities Grocery-Anchored Plaza

27,644 sq. ft. Retail Plaza

Cambridge, ON

• 2.38 acre site at signalized intersection • Located in southwest London on prime artery • Asking $6,250,000

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

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

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

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

• • • •

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

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

Southwold, ON

• Fully leased industrial facility • Strong tenant on long term lease • High exposure site with excess land Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com

1160 Brydges Street

London, ON

Brantford, ON

32 Acre Potential Development Land

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

Hamilton, ON

Ground Floor Commercial Condo

Retail Development Land Opportunity

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

Sale Leaseback Opportunity

London, ON

• Located at one of Cambridge’s busiest intersection • Tenants include: FreshCo., Dollarama, Starbucks, and others • 79,371 sq. ft. on 9.8 acres

Built in 2012 - low maintenance investment Condo fees included in additional rent NOI - $153,231 Asking $2,500,000

Free Standing Industrial Building London, ON

11276500_1315

London, ON

• • • •

19,205 sq. ft.; 11,211 sq. ft. occupied by Fed Ex Lease in place until 2018 Scheduled Income: $115,786 per annum Reduced Price: $800,000

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

Retail-Office-Residential Investment London, ON

• Flat site, currently under crop production • Fronting onto Ford Road & Hwy 3 • Reduced Price $1,200,000

• Approximately 5,875 sq. ft. total • 0.8 acres • Reduced Price $420,000

• 15,915 sq. ft. on 0.45 acres • Located in west London on prime artery • Reduced Price $2,199,000

David Yanoshita* David Cousins* 519 286 2020 519 286 2006 david.yanoshita@cbre.com david.cousins@cbre.com

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

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

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

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

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

* Sales Representative ** Broker

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

www.cbre.ca

COM

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8155064_1315

d Ex

ationâ€?) on the market Rights

COM

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PRESTIGIOUS RETAIL/PROFESSIONAL OFFICES LEASING OPPORTUNITY

FRUITLAND CROSSING

FLETCHER SQUARE

FRUITLAND CROSSING P SP AC

1111 1315_DJW_8004

• Located at the corner of Fruitland Road and Barton Street in Stoney Creek • Gateway to pending residential development in lower Stoney Creek / Winona • High exposure as a result of direct access to QEW via Fruitland Road • Anchored by Tim Hortons, Esso & medical clinic • Flexible unit sizes from 1,053 to 5,800 sq ft • Newly built modern plaza with prestigious design and ample parking • Tenant use protected by landlord • Corner unit fronting on Barton Street currently available

• Located at the corner of Rymal Road East and Fletcher Road on Hamilton mountain • Gateway to expanding residential development on Hamilton mountain • High exposure as a result of nearby access to the Red Hill and the Linc • Anchored by medical clinic and 5,000 sq ft daycare • Flexible unit sizes from 1,226 to 5,322 sq ft • Newly built modern plaza with presitigious design and ample parking • Tenant use protected by landlord • Corner unit available with possibility of patio

Hazhir Zandi SALES REPRESENTATIVE

*broker protected

Office Tel: Cell: Email:

(905) 664-2622 (905) 570-4449 hazhir@multi-area.com

11294981_1315

CAMPGROUNDS FOR SALE

11294896_1315

ES PPRAC IME E

1315_DJW_8005

RIM

• 157 SITES + HOME ON 22 ACRES, LAKE HURON • 169 SITES + HOME ON 11 ACRES, LAKE HURON • 110 SITES + 2 HOMES ON 8.5 ACRES, WOODSTOCK Orio Fishleigh

Dave Bratt

Sales Representative

orio.ﬁshleigh@century21.ca

519.709.6746

Sales Representative

dave.bratt@century21.ca

519.532.5375

Tillsonburg: 86 Broadways St. | 519.688.0021 Woodstock: 871 Dundas St. | 519.539.5646 10G COM

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Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

INDEX Kitchener, Waterloo & Guelph

READ BY over 100,000 Business Readers! distributed in over 1,700 locations! Owen huge coverage area - Windsor to Ottawa! Sound

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Commercial Real Estate & Business Opportunities

Volume 15 Issue 03

Vol

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Special Features 8 BUSINESS BAROMETER — Confidence rebounds in March 14 IN THE NEWS — Directory and invoice scams commonly hit small businesses: CFIB 18 MONEY SENSE — U.S. vacation homes expected to remain attractive for Canadian buyers: BMO 30 IN THE NEWS — SA wave of investment capital to propel Commercial Real Estate in 2015 38 BUSINESS SAVVY – The apartment business By Elisa Krovblit 42 TREB REPORT — GTA Realtors report commercial market figures 48 IN THE NEWS — Financial volatility a natural consequence of monetary policy normalization, says Bank of Canada Governor Stephen S. Poloz

p. 14

52 IN THE NEWS — Global entrepreneurship survey reveals sustained small business growth 56 IN THE NEWS — Tech surges as oil slumps; Canada’s office market is caught in the middle GLOSSY SECTION EDITORIAL 12 LEGALLY SPEAKING — Rental applications - When can landlords retain deposits? By Jayson Schwarz & Konstantine Chatzidimos 14 IN THE NEWS — Ontario’s economy to top Canada’s provincial growth rankings in 2015: RBC Economics

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Commercial Real Estate & Business Opportunities

Volume 15 Issue 03

KITCHENER, WATERLOO & GUELPH

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

KITCHENER, WATERLOO & GUELPH SECTION COVERING: Cambridge Durham Elora

Fergus Guelph Kitchener Waterloo

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Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

Grand Valley Realty

BROKERAGE INDEPENDENTLY OWNED AND OPERATED

Kitchener/Waterloo Guelph & Cambridge

Royal LePage

519-745-7000

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

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

mike@teammilovick.com

fax: 519-489-1333

www.TeamMilovick.com

Invest in Ontario’s Number 1 Town Today!

Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 346 KING ST. N., WATERLOO

1,995,000

1315_DJW_1_0011

• Conditional Site Plan Approvals in Place for Four Storey, Fourteen Unit, Student Residence • Plans provide for 68 Luxurious Bedrooms with Ensuites • Ideal Location, easily accessible to Wilfrid Laurier University and University of Waterloo students. • Few Shovel Opportunities Exist in Lucrative High end Student Housing Market Segment. • MLS

262 LESTER STREET WATERLOO, ON

1,250,000

• Superior student development site • Quarter of an acre+ situated between both Wilfrid Laurier and University of Waterloo • Highly sought after Northdale Mixed Use Zoning

310 KING STREET NORTH, WATERLOO

925,000

899,900

1315_DJW_1_0087

• $79,000+ Gross Potential Income • 15 students • Newer purpose built

336 KING STREET NORTH, WATERLOO

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

158 ERB STREET WEST, WATERLOO

1315_DJW_1_0088

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

399,900

223 DEARBORN BOULEVARD, WATERLOO • Duplex Approval Pending • Rare, Super Clean Opportunity • Easy bike ride to both Universities • Exceptional! AAA • Exclusive

497,500

1315_DJW_1_0004

399,900

1315_DJW_1_0084

17-12 BRIDGEPORT ROAD EAST, WATERLOO

• $36,000+ Gross Income • Fourplex • Licenses Pending

1315_DJW_1_0092

9-12 BRIDGEPORT ROAD EAST, WATERLOO • Four bedroom turn key rental • Unique, authentic uber cool loft • Quick walk to WLU • 97 Walk Score • MLS®

317,900

• 100% Student Complex • 5 Bedroom Rental License • MLS®

• Newer Furnaces, Roof • Close to WLU, Future LRT • MLS®

269,900

1315_DJW_1_0030

1315_DJW_1_0091

Please say you saw it in The Commercial Investor

1315_DJW_1_0086

144 ERB STREET WEST, WATERLOO

• Close to two future LRT stations • MLS®

• Rental Licensed, Ten Bedroom (5+5) Duplex • Steps to Wilfrid Laurier University 1315_DJW_1_0079

14 YOUNG STREET WEST, WATERLOO

• $32,000+ Scheduled Gross! • Spacious Unit • Authentic Loft

• $61,200 Gross Annual Income • $9,200+ Annual Cash Flow with Just 20% Down

1315_DJW_1_0078

• 5+1 Bedroom Property • Rental Licensed, City Approved • MR4 Zoning

1315_DJW_1_0077

32 HICKORY STREET WEST, WATERLOO

516,000

• Nearly $5000 Monthly • Zoned high density, Income MR-25 • Rental licensed duplex • MLS® • Fully leased

• Rental Lincensed four plex • Oversized MR zoned lot • MLS®

• Leased to May, 2015 • Exclusive

465 HAZEL STREET, WATERLOO

699,900

• 72,000 + Gross Annual Income • 5.7% Cap Rate

699,900

• Two Units Purpose Built • MR-25 Zoning • MLS®

950,000

$ • Land assembly of two lots - zoned (H) NMU-8 and (H) NMU-12. Developer may be able to maximize site by putting density on NUM12 portion while achieving bonusing provisions. 1315_DJW_0007

52 NOECKER STREET, WATERLOO

• $72,000+ Gross Income • Licensed Triplex • 13 Rental bedrooms

392 ERB STREET WEST, WATERLOO

395,000

• $39,000+ Potential Gross Income! • Desirable 5+2 Bedroom Layout • Steps to Waterloo Park, Easy Walk to Universities • Walk score of 87 • 5.77% Cap • 7.26% Cash on Cash • Over $7,000 Cash Flow • MLS® 1315_DJW_1_0093

1305 VICTORIA STREET NORTH, KITCHENER

SF.

0 $5.

• Open space with fantastic natural light • Currently has mix of show room, private

office and warehouse space with drive in door 1315_DJW_1_0013

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Commercial Real Estate & Business Opportunities

Volume 15 Issue 03

Kitchener/Waterloo Guelph & Cambridge

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

e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial 920 SF Divisible· $1,999/ Mth·MLS:1337773 3,931 SF · $3.00/SF · MLS:1414196 · Kitchener

COLDWELL BANKER COMMERCIAL

OFFICE/RETAIL FOR LEASE

1,485 SF- 2,056 SF · $16.00/SF · MLS: 1432155/163/162 · Waterloo ·Located 1,485 SF- 2,056 SF · $16.00/SF · MLS:at the entrance to the new Carriage ·Located Crossingat upscale 1432155/163/162 · Waterloo the community. Zoning allows for many uses includentrance to the new Carriage Crossing upscale ing retail, business, medical office and more. community. for many uses patio includ! Only 3 units Zoning left! Endallows Cap unit w/finished OFFICE/RETAIL FOR ing business, office LEASE and more. retail, John medical Hoffman*/Gary Boudreau* unit w/finished patio! Only 3 units left! End Cap 2,050 SF · $16.00/SF · MLS: 1424242 John Boudreau* 1,485 SF-·2,056 SF Hoffman*/Gary ·retail $16.00/SF · MLS: Brantford End cap unit. Drive-up HWY exposure. parking. Lester Tobin* 1432155/163/162 · Waterloo ·Located at the 2,050 SF · $16.00/SF · MLS: 1424242 entrance to the new Carriage Crossing upscale Brantford End cap retail Drive-up 4,200 SF · $10.50/SF Net ·unit. MLS: 1418072 community. Zoning allows for many uses includparking. exposure. WaterlooHWY · Busy location, close to Lester U of W,Tobin* W.L.U ing retail, business, medical office and more. &Conestoga Pkwy.I-6 Zoning. Gary Boudreau* Only 3SF units left! End Cap w/finished 4,200 · $10.50/SF Net unit · MLS: 1418072patio! John Hoffman*/Gary Boudreau* 1,049 SF · Busy · $19.95/SF · MLS: Waterloo location, close1447244 to U of W, W.L.U Kitchener · Last unit! Drive-up retail/office unit 2,050 SF · $16.00/SF · MLS: 1424242 & Conestoga Pkwy.I-6 Zoning. Gary Boudreau* located in ·newly developed community, Brantford End cap retail unit. Drive-up minutes from Hwy # 401 and Conestoga College. parking. exposure. Lester Tobin* 1,049 SFHWY · $19.95/SF · MLS: 1447244 Lester Tobin* Kitchener · Last unit! Drive-up retail/office 4,200 SF · $10.50/SF Net · MLS: 1418072 unit 1,153 -newly 3,853developed SF · $24.00 - $30.00/SF locatedSFin· Busy community, minutes Waterloo location, close to U of W, W.L.U MLS: 1437# 13/614/608/599/602/595/607/605 from Hwy 401 and Conestoga College. &Conestoga Pkwy.I-6 Gary Boudreau* Kitchener · New spaceZoning. at Sportsworld Crossing. Lester Tobin* Join existing retail & restaurant traffic draw. 1,049 SF · $19.95/SF · MLS: 1447244 Lester Tobin*/ Gary Boudreau* 1,153 SF - 3,853 SF · $24.00 - $30.00/SF Kitchener · Last unit! Drive-up retail/office unit 1437 13/614/608/599/602/595/607/605 MLS: 2,598 SF $11.00/SF Net · MLS: 1511580 located in ·newly developed community, minutes Kitchener New space at Sportsworld Crossing. from Hwy # 401 and Conestoga College. Kitchener ·· High traffic; 44,914 Vehicles daily. Join restaurant Gary traffic draw. Lester Tobin* M 3 existing Zoning. retail John&Hoffman*/ Boudreau*

Dry storage or distribution at a low cost. Extra 920 SF Divisible· $1,999/ 3,931 SF · $3.00/SF · MLS:1414196 · Kitchener Waterloo · Impressive, 2ndMth·MLS:1337773 floor office in well yardstorage space John PETER BENNINGER REALTY, BROKERAGE available. Dry or distribution at a low cost.Hoffman* Extra known building. Abundance of natural light. Waterloo · Impressive, 2nd floor office in well yard space available. John Hoffman* 24/7 electronic board.ofFree parking 508 RIVERBEND DRIVE, KITCHENER, ON. known building.reader Abundance natural light.with 2,306 SF · $5.50/SF · MLS: 1511731 many amenitiesreader nearby. Very Free accessible, Kitchener · Very central location, Finished 24/7 electronic board. parkingHwy with 2,306 SF · $5.50/SF · MLS: 1511731 Phone: 519‐743‐5211 85 & iXpress seconds away. Colin Vogel* office w/ 2 w/r’s. Large Garage door, 17’ clear many amenities nearby. Very accessible, Hwy Kitchener · Very central location, Finished ceiling in shop . John Hoffman* 85 & iXpress seconds away. Colin Vogel* office w/ 2 w/r’s. Large Garage door, 17’ clear 1,058 SF· $1,000/Mth· MLS:1444266 ·Kitchener 9,360 $6.50/SF· MLS:1431568 · Kitchener ceilingSF· in shop . John Hoffman* Great space for professional, medical or office. 920 SFSF· Divisible· Mth·MLS:1337773 3,931 SFdoors, · $3.00/SF · MLS:1414196 · Kitchener for Dock 21’ clear span shop. Great Ample parking on$1,999/ King.MLS:1444266 Gary Boudreau* 1,058 $1,000/Mth· ·Kitchener 16 Dry or distribution at a low cost. Extra highstorage volume trucking business. Large land for Waterloo · Impressive, 2nd floor office or in office. well 9,360 SF· $6.50/SF· MLS:1431568 · Kitchener Great space for professional, medical yard space available. John Hoffman* 2,786 SF · $32.00/SF Net · MLS:1444530 truck anddoors, trailer avail. @span extrashop expense. 7,699 16 Dock 21’ clear . Great for known building.on Abundance of Gary natural light. Ample parking King. Boudreau* sf shop & 1,661 SF office. John Hoffman* Waterloo · Highreader profileboard. location in Waterloo’s high trucking business. Large land for 24/7 electronic Free parking with 2,306volume SF · $5.50/SF · MLS: 1511731 University district. Two level retail unit with on2,786 SF · $32.00/SF Net · MLS:1444530 truck and trailer avail. @ extra expense. 7,699 many amenities nearby. Very accessible, Hwy Kitchener · Very central location, Finished RESIDENTIAL/WAREHOUSE CONDO site&parking situated ataway. base of ainstudent shop & 1,661 SF office. John Hoffman* office w/ 2 w/r’s. Large Garage door, 17’ clear 85 iXpress seconds Colin Vogel* sf Waterloo · High profile location Waterloo’s 2,358 SF · $379,000· MLS:1447307 · Kitchener apartment building. Lester Tobin* ceiling in shop. John Hoffman* Live/Work opportunity! Legal 1,160 sf residential University district. Two level retail unit with on1,058 SF· $1,000/Mth· MLS:1444266 ·Kitchener RESIDENTIAL/WAREHOUSE 1,015 sf warehouse &183 sf office condo. CONDO site parking situated at base of Net a student 9,360 SF· $6.50/SF· MLS:1431568 · Kitchener Great space forSF professional, or office. 1,500 - 10,759 · $26.00/SFmedical Lester Tobin* 2,358 SFdoors, · $379,000· MLS:1447307 · Kitchener for 16 Dock 21’ clear span shop. Great Ample parking on King. Gary Boudreau* apartment building. Lester Tobin* MLS: 1512116 · Kitchener · New retail plaza on high Live/Work opportunity! Legal 1,160 sf land residential volume trucking business. Large for 2,400 SF · $5.50/SF · MLS:1431886 cornerSF of Fischer - Hallman and Seabrook Dr. 1,015 sf warehouse &183 sf office condo. 2,786 · $32.00/SF Net · MLS:1444530 truck and trailer avail. @ extra expense. 7,699 Kitchener Excellent space in 5 unit industrial . 1,500 10,759 SF · $26.00/SF Net sf shop & 1,661 SF office. John Hoffman* Lester Tobin* High-exposure traffic. Ample on-site Waterloo · Highhigh profile location in Waterloo’s bldg. Suitable for small manufacturing or drive-up parking. Lester Tobin* MLS: 1512116 · Kitchener New retail plaza University district. Two level· retail unit with on-on service commercial business. Easy access to RESIDENTIAL/WAREHOUSE CONDO 2,400 SFK-W · $5.50/SF · MLS:1431886 Guelph, & Cambridge. R. Blake Hull* site parking situated at baseand of aSeabrook student Dr. corner Fischer - Hallman 874 SFof· $1,300/Mth· MLS 1514546 · Port Elgin 2,358 SF · $379,000· MLS:1447307 · Kitchener Kitchener Excellent space in 5 unit industrial . apartment building. Lester Tobin* High-exposure traffic.Located Ample on-site Live/Work opportunity! Legal 1,160 sf residential High traffic retailhigh location. across from INDUSTRIAL FOR SALE & LEASE bldg. Suitable PROPERTY for small manufacturing or 1,015 sfSF warehouse &183 sf office ·condo. drive-up parking. Lester Tobin* service Tim Horton’s at signalized intersection. 28,000 · 2,400 SF Mezzanine 3.09 Acres commercial business. Easy access to 1,500 - 10,759 SF · $26.00/SF Net Lester Tobin* $1,895,000·$4.50/SF Net MLS: 1434971, James Boudreau**/Gary Boudreau* Guelph, K-W & Cambridge. R. Blake Hull* MLS: 1512116 · Kitchener · New retail plaza on 874 SF · $1,300/Mth· MLS 1514546 · Port Elgin 1511326 · Cambridge · Zoned M3 – dynamic 2,400 SF · $5.50/SF · MLS:1431886 corner of Fischer - Hallman and Seabrook Dr. uses. Heavy power. Was federal food grade High retail location. Located across from traffic INDUSTRIAL PROPERTYa FOR SALE & LEASE Kitchener industrial . OFFICE/RETAIL FORon-site SALE facility. Excellent space in 5 unit John Hoffman* High-exposure high traffic. Ample Tim Horton’s at signalized intersection. 28,000 SF · 2,400 SF Mezzanine · 3.09 bldg. Suitable for small manufacturing or Acres drive-up parking. Lester Tobin* service commercial business. Easy access to $1,895,000·$4.50/SF MLS: 1434971, James Boudreau**/Gary Boudreau* 5,040 SF· $810,000 · Net MLS: 1437535· Waterloo Guelph, K-W & Cambridge. R. Blake Hull* RETAIL REDEVELOPMENT SITE 1511326 · Cambridge · Zoned M3 – 5040 dynamic Ac. Site under utilized w/ existing sf 874 SF ·OR $1,300/Mth· MLS 1514546 · Port Elgin .60 1,586 SF · 0.12 Acres · $979,000 bldg. Many uses with I-6 Zoning including 100% uses. Heavy power. Was a federal food grade traffic retail location. Located across from INDUSTRIAL PROPERTY FOR SALE & LEASE High MLS:1421708, 1421709 · Kitchener · Unique office. John Hoffman* OFFICE/RETAIL FOR SALE facility. SF · 2,400 SF Mezzanine John Hoffman* Tim Horton’s at signalized intersection. 28,000 · 3.09 Acres High Profile Location. Corner Lot. Located beside $1,895,000·$4.50/SF Net MLS: 1434971, James Boudreau**/Gary Boudreau* farmers market. Great Re-development 5,040 SF· $810,000 · MLS: 1437535· Waterloo site. Lester Tobin* 1511326 · Cambridge · Zoned M3 – dynamic INVESTMENT FOR SALE RETAIL OR REDEVELOPMENT SITE .60 Ac.Heavy Site under utilized existing 5040 sf uses. power. Was aw/ federal food grade FOR SALE RESIDENTIAL/WAREHOUSE CONDO 1,586 OFFICE/RETAIL SF · 0.12 Acres · $979,000 facility. Hoffman* bldg. Many uses with I-6 Zoning John including 100% 2,358 SF· $379,000· MLS: 1447307·· Kitchener MLS:1421708, 1421709 · Kitchener Unique office. John Hoffman* Live/Work Legal 1,160 sf 5,040 SF· $810,000 · MLS: 1437535· Waterloo High Profileopportunity! Location. Corner Lot. Located 1,560 SF · $269,000 · MLS:1425046 residential sf warehouse &183 sf office RETAIL OR1,015 REDEVELOPMENT SITE Ac. Site under utilized w/ existing 5040 sf beside farmers market. Great Re-development .60 Cambridge · Downtown property. 100% Main condo. 1,586 SF · 0.12 Acres · $979,000Lester Tobin* bldg. Many uses with I-6Preston Zoning including site. Lester Tobin* office. MLS:1421708, 1421709 · Kitchener · Unique John Hoffman* floor retail, 2nd floor office or residential. On-site INVESTMENT FOR SALE 4,900 SF· 1,450,000 · MLS 1517403· Kitchener High Profile Location. Corner Lot. Located Lester Tobin* RESIDENTIAL/WAREHOUSE CONDO Exceptional property. Freestanding, Renovated, parking. beside farmers market. Great Re-development 16,164 SF· $975,000· MLS: 1417413 2,358 SF· $379,000· MLS: 1447307· Kitchener new building. site. HV/AC installed, very interesting Lester Tobin* INVESTMENT SALE 24 parking opportunity! spaces onsite. John · Owner/user orFOR multi-tenant Live/Work Legal 1,160 sf Hoffman* Cambridge 1,560 SF · $269,000 · MLS:1425046 RESIDENTIAL/WAREHOUSE residential 1,015 sf warehouse CONDO &183 sf office building, ample on-site parking. Located on busy FOR 2,358 SF· $379,000· MLS: 1447307· Kitchener INDUSTRIAL/WAREHOUSE Cambridge · Downtown Main condo. Lester Tobin* artery just south of HwyPreston #410. property. Lester Tobin* Live/Work opportunity! Legal 1,160 sf SALE/LEASE floor retail, 2nd floor office or residential. On-site 1,560 SF · $269,000 · MLS:1425046 residential 1,015 sf warehouse &183 sfKitchener office 4,900 SF· 1,450,000 · MLS 1517403· RETAIL PLAZA W.CONVENIENCE STORE Cambridge · Downtown Preston property. Main Lester Tobin* condo. Lester Tobin* parking. Exceptional property. Freestanding, Renovated, 3,408 SF · 0.25 Acres · $1,550,000 floor retail, floor office or 1417413 residential. On-site 16,164 SF·2nd $975,000· MLS: 10,688 SF · $6.75/SF· EXCLUSIVE · Waterloo new HV/AC installed,·very 4,900 SF· 1,450,000 MLSinteresting 1517403· building. Kitchener MLS #1511142 · Waterloo · Two unit retail plaza parking. Lester Tobin* Great Location. Exposure to KingJohn St.Renovated, N.Hoffman* Across Cambridge 24 parking spaces onsite. · Owner/user or multi-tenant Exceptional property. Freestanding, business. Lester Tobin* from HV/AC Conestoga Mall. very interesting John building. Hoffman* with 16,164 SF· $975,000· MLS: 1417413 new installed, building, ample on-site parking. Located on busy 24 parking spaces onsite. John Hoffman* · Owner/user or multi-tenant FOR Cambridge INDUSTRIAL/WAREHOUSE artery just south of Hwy #410. Lester Tobin* building, ample on-site parking. Located on busy SALE/LEASE INDUSTRIAL/WAREHOUSE FOR artery just south W.CONVENIENCE of Hwy #410. Lester Tobin* RETAIL PLAZA STORE

www.coldwellbankerpbr.com/commercial

Last unit! Unit! Located Indoor mall units oncore two and levels in Last nearstyle downtown new 736heart SF · of $75.00/SF · MLS: 1444506 · Waterloo the Waterloo’s University University. Great exposure. AmpleDistrict on-sitew/ driveLastparking. Unit! Indoor mall stylestudent units on two levels in direct access to landlord’s residential up Lester Tobin* the heart of Waterloo’s University District w/ tenants (over 2,000). High pedestrian & traffic direct access to landlord’s student residential * Sales Representa�ve location. Lester Tobin* tenants (over 2,000). High pedestrian & traffic ** Broker location. Lester Tobin* 915 SF · $12.00/SF · MLS: 1514008· Stratford

renovated, very can interesting building. 24 parking parking. Space be$1,450,000 divided. Lester Tobin* 4,900 SF· $14.50 SF· spaces onsite. CAM’s onlyKitchener $5! John· Hoffman* MLS:1437522· 1517403· 736 SF · $75.00/SF 1444506 Waterloo Fully renovated, open· MLS: webbed ceiling.· Newly 5,200 SF · $12.00/SF · MLS:1441235 Last Unit! Indoor mall style building. units on two levels in renovated, very interesting 24 parking Cambridge Fully finished office/retail space onsite. spaces CAM’s only $5! John Hoffman* the heart of ·Waterloo’s University District w/ w/ exposure. Minutes from hwy# 401. On-site high direct access to landlord’s student residential 5,200 SF · $12.00/SF · MLS:1441235 tenants (over 2,000). pedestrian & traffic parking. Space canfinished beHigh divided. Lester Tobin* Cambridge · Fully office/retail space w/ location. Lester Tobin* high exposure. Minutes from hwy# 401. On-site 736 SF ·Space $75.00/SF · MLS: 1444506 · Waterloo parking. can be divided. Lester Tobin* 915 SF · $12.00/SF · MLS: 1514008· Stratford

Lester Tobin*/ Gary Boudreau*

1,153 SF - 3,853 SF · $24.00 - $30.00/SF 4,900 SF· $14.50 SF· $1,450,000 MLS: 13/614/608/599/602/595/607/605 2,598 1437 SF · $11.00/SF Net Kitchener · MLS: 1511580 MLS:1437522· 1517403· · Kitchener · New space at Sportsworld Crossing. Fully renovated, open webbed Newly Kitchener · High traffic; 44,914 ceiling. Vehicles daily. Join existing retail & restaurant traffic draw. renovated, very interesting building. 24 parking Lester Tobin*/ Gary Boudreau* M 3 Zoning. John Hoffman*/ Gary Boudreau* spaces onsite. CAM’s only $5! John Hoffman* 2,598 SF ·· $11.00/SF Net · MLS: 1511580 5,200 $12.00/SF · MLS:1441235 4,900 SF SF· $14.50 SF· $1,450,000 Kitchener · High traffic; 44,914 Vehicles daily.w/ Cambridge · Fully finished office/retail MLS:1437522· 1517403· Kitchener · space M 3 Zoning. John Hoffman*/ Gary Boudreau* Fully renovated, open webbed ceiling. Newly high exposure. Minutes from hwy# 401. On-site

e: commercial@coldwellbankerpbr.com

SALE/LEASE

3,408 SFPLAZA · 0.25 Acres · $1,550,000 STORE RETAIL W.CONVENIENCE Last unit!· $12.00/SF Located near downtown coreStratford and new 10,688 SF · $6.75/SF· EXCLUSIVE · Waterloo 915 SF · MLS: 1514008· 3,408#1511142 SF · 0.25 ·Acres · $1,550,000 MLS Waterloo · Two unit retail plaza Last unit! Located near downtown anddrivenew Great University. Great exposure. Amplecore on-site Exposure to King St.· N. Across 10,688Location. SF · $6.75/SF· EXCLUSIVE Waterloo MLS #1511142 · Waterloo · Two unit retail plaza with business. Lester Tobin* University. on-siteTobin* drive- from GreatConestoga Location. Exposure to KingJohn St. N. Across Mall. Hoffman* up parking.Great exposure. AmpleLester with business. Lester Tobin* up parking.

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

8331512_1315

Lester Tobin* from Conestoga Mall.

John Hoffman*

Please say you saw it in The Commercial Investor

Vol

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

e 03

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

www.coldwellbankerpbr.com/commercial

COLDWELL BANKER COMMERCIAL LAND FOR LEASE IN KITCHENER 19 Units · $8,100,000 · MLS: 1511473

LAND FOR SALE

2.8 Acres · $4,000/month · MLS: 1514567 LAND FOR LEASE IN KITCHENER Waterloo constructed, purpose built 19 Units· Recently · $8,100,000 · MLS: 1511473 · Recently Fully fenced with one gate,· MLS: graveled and 2.8PETER BENNINGER REALTY, BROKERAGE Acres · $4,000/month 1514567 6 storey, 95 constructed, bedroom purpose investment Waterloo built compacted. through Steps 95 away from U of W investment and W. L. Fully fenced Bleams with oneRoad gate,coming graveled and in the property. 508 RIVERBEND DRIVE, KITCHENER, ON. storey, bedroom Spring of 2015! John Hoffman* 6 U. Features L.E.E.D quality construction, steel compacted. Bleams Road coming through in the property. Steps away from U of W and W. L. Phone: 519‐743‐5211 roof, separate hydro meters, brand new h/e Spring of 2015! John Hoffman* U. 1.03 Acres · $1,995,000 · MLS: 1517392 Features L.E.E.D quality construction, steel

4,200 SF Bldg.· 0.60 Acres · $2,300,000

MLS: 1444528 Cambridge High profile 4,200 SF Bldg.·· 0.60 Acres · ·$2,300,000 re-development site located directly across MLS: 1444528 · Cambridge · High profile boilers, managers office. from Cambridge Memorial Hospital. 185 ft of 1 Acre development land. Wide range of uses roof, separatemortgage hydro meters, brand new h/e re-development site located directly across Attractive available O.A.C. frontage. Current use is a 4,200 sf restaurant. e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial 1.03 Acres · $1,995,000 · MLS: 1517392 permitted. James Boudreau* boilers, managers Eric Reiner* office. from Memorial Hospital. 185Tobin* ft of 1 Acre development land. Wide range of uses w/ 67Cambridge parking spaces. Lester Attractive mortgage available O.A.C. LAND FOR LEASE IN KITCHENER frontage. Current useFOR is a 4,200 sf restaurant. permitted. LAND SALE BUSINESS FORJames SALEBoudreau* 19 Units · $8,100,000 · MLS: 1511473 2.0 Ac.· $500,000 · MLS:1337641 · Kitchener Eric Reiner* Waterloo constructed, purpose built w/ 67 parking spaces. Lester Tobin* 2.8 Acres · $4,000/month · MLS: 1514567 36 Units· Recently · $5,500,0000 · MLS:1511369 Corner of Trillium and Huron w/excellent Fully fenced with one gate, graveled and 2,000 SF ·BUSINESS $149,000 · MLS: 1434965 access to Hwy 7/8 and Hwy 401. Many uses FOR SALE compacted. Bleams Road coming through in the 2.0 Ac.·SF$500,000 · MLS:1337641 · Kitchener 4,200 Bldg.· 0.60 Acres · $2,300,000 permitted. Colin Vogel*/Peter Benninger** Elmira · Excellent opportunity to ownHoffman* an up & Spring of 2015! John Corner of Trillium and Huron w/excellent

6 storey, 95 New! bedroom investment Kitchener · Brand 100% Leased, 100% property. Steps away from U of W and W. L. Income & building warranty. 36 Units guarantee · $5,500,0000 · MLS:1511369 U. Features L.E.E.D quality steel MLS: 1444528 · Cambridge · High profile Generously sized units w/ construction, premium finishes, coming café and catering business w/ dream Brand New! 100% Leased, 100% Kitchener · roof, separate meters,in brand h/e 2,000 SF · $149,000 · MLS: 1434965 access to Hwy 7/8 andlocated Hwy 401. Manyacross uses HIGH-DENSITY MIXED-USE DEVELOPMENT! stainless steel hydro appliances, suite new laundry, re-development site directly kitchen for ·even the most experienced 1.03 Acres $1,995,000 · MLS: 1517392 chef. Income building warranty. boilers, guarantee office. 5.09 Ac. · $4,250,000 · EXCLUSIVE Separate hydro & managers gas&meters. Located steps from Cambridge Memorial Hospital. 185 ft of permitted. Colin Vogel*/Peter Benninger** Elmira · Excellent opportunity to own an up & 1 Acre development land. Wide range of uses Lester Tobin*/ James Boudreau** Generously units w/available premium finishes, Attractive mortgage O.A.C. Cambridge · 5 minuse walk to4,200 Cambridge Centre permitted. from sized shopping and expressway. frontage. Current is a sf restaurant. coming café and catering business w/ dream away James Boudreau* Eric Reiner* HIGH-DENSITY MIXED-USE stainless steel in suite laundry, Located on appliances, major transit route. w/ 673parking spaces. Lester Tobin* kitchen Mall. min drive to hwy 401 DEVELOPMENT! Directly across 5,887 SF · $349,900 · MLS:1447072 for even the most experienced chef. 5.09 · $4,250,000 · EXCLUSIVE Eric Reiner* from Ac. natural conservation area. Separate hydro & gas meters. Located steps Cambridge · Established full service BUSINESS FOR SALE Lester Tobin*/ James Boudreau** 2.0 Ac.· $500,000 · MLS:1337641 · Kitchener Benninger**/Colin Vogel* restaurant with liquor license and patio. Cambridge · 5Peter min walk to Cambridge Centre 36 Units · MLS:1511369 away from· $5,500,0000 shopping and expressway. Corner of Trillium and Huron w/excellent Located Grand River. Upscale dining with Kitchener Leased, 100% Located · Brand on New! major100%transit route. drive Mall. 3 to min hwy 401401. Directly 5,887 SF ·· $349,900 ·· MLS:1447072 2,000 SFon $149,000 MLS: 1434965 access Hwy 7/8toand Hwy Manyacross uses GREAT RE-DEVELOPMENT SITE California cuisine. opportunity to own an up & Income guarantee & building Eric warranty. Reiner* from natural conservation area. Benninger** Elmira permitted. Colin Vogel*/Peter · Excellent Cambridge · Established full service 25,182 SF · $2,420,000 · MLS:1417598 For Commercial Real Estate Lester Tobin*/ James Boudreau** Generously sized units w/ premium finishes, Petermedical Benninger**/Colin Vogel* coming café and catering business w/ dream Brockville · Some onsite. Walking HIGH-DENSITY MIXED-USE DEVELOPMENT! restaurant with liquor license and patio. stainless steel appliances, suite laundry, Solutions in Canada'sin Technology kitchen for even theRiver. most experienced distance from Hospital. Some new leases 1,156 SF · $274,900 · MLS: 1511182 Located on Grand Upscale diningchef. with Separate 5.09 Ac. · $4,250,000 · EXCLUSIVE hydro & gas meters. Located steps GREAT RE-DEVELOPMENT SITEBoudreau* Waterloo ·Lester Tobin*/ James Boudreau** pending. John Hoffman*/Gary Profitable business with growth contact any of our Cambridge 5 min walk ·toMLS:1417598 Cambridge Centre California cuisine. awayTriangle, from shopping andone expressway. 25,182 SF ··$2,420,000 potential. fixtures and equipment included. Located For Commercial Real Lester Tobin*/ James Boudreau** on major transitorEstate route. Mall. 3DENSITY min driveMIXED to hwyUSE 401 DEVELOPMENT Directly across 5,887 SF ·All $349,900 · MLS:1447072 HIGH sales representatives, call Brockville · Some medical area. onsite. Walking James Boudreau**/Gary Boudreau* Eric Reiner* from Acres natural· conservation Cambridge · Established full service 3.25 $5,850,000 · EXCLUSIVE Solutions in Canada's Technology 519-743-5211. distance fromPeter Hospital. Some new leases SF · with $274,900 ·license MLS: 1511182 Benninger**/Colin restaurant liquor and patio. Kitchener · Frontage on 2 major streets Vogel* at the 1,156 SF· $99,900 · MLS: 1511046 pending. to downtown John Hoffman*/Gary Boudreau* 1,426 Waterloo · Profitable business with growth Triangle, contact any one of our Located on Grand River. Upscale dining with gateway Kitchener. Excellent Waterloo · Gourmet Pizza & Pasta restaurant. GREAT RE-DEVELOPMENT SITE California All cuisine. potential. fixtures equipment included. access to Hwy 401 via Hwy 8 Directly on with hugeand potential. Located in the 25,182DENSITY SF · $2,420,000 · MLS:1417598 SALES REPRESENTATIVES: HIGH MIXED USE DEVELOPMENT High salesLester sales representatives, call For Commercial Real orEstate Tobin*/ Boudreau** proposed light rail transit route. James Boudreau**/Gary Boudreau* city’s fastest growing area.James High exposure on Brockville medical onsite. Walking 3.25 Acres· ·Some $5,850,000 · EXCLUSIVE Peter Benninger**/Colin Vogel* busy roundabout. 519-743-5211. Solutions in Canada's Lester Tobin* distance from Hospital. new leases Gary Boudreau * · Technology ext. 3029 1,156 SF· SF ·$99,900 $274,900 · MLS: 1511182 Kitchener · Frontage onSome 2 major streets at the 1,426 · MLS: 1511046 pending. John Hoffman*/Gary Boudreau* Waterloo · Profitable business with growth Triangle, contact any one of our 66.58 Acres · $2,200,000 · EXCLUSIVE gateway to downtown Kitchener. Excellent Waterloo · Gourmet Pizza1517668 & Pasta restaurant. James Boudreau ** · ext. 3020 · MLS: 808 SF· $125,000 All fixtures and equipment included. Cambridge· Under consideration to change access to Hwy 401 via Hwy Directly on OP potential. HIGH DENSITY MIXED USE 8 DEVELOPMENT sales REPRESENTATIVES: representatives, or call Waterloo· Belgium style poutineLocated restaurant in High sales withBoudreau**/Gary huge potential. in the SALES James Boudreau* Selby Colson * · ext. 3100 designation industrial. Benninger** 3.25 Acreslight ·to$5,850,000 ·route. EXCLUSIVE proposed rail transitPeter primefastest location on Kingarea. at University. All new city’s growing High exposure on 519-743-5211. Kitchener · Frontage on 2 major·streets at the 1,426 Peter· Benninger**/Colin Vogel* equipment. Business can be purchased with SF· $99,900 · MLS: 1511046 Mike Flynn * ext. 3037 Approx.217 Acres $4,340,000 EXCLUSIVE busy roundabout. Lester Tobin* Gary Boudreau * ·· ext. 3029 gateway downtown Kitchener. Excellent or without·franchise. Lester Tobin* Waterloo Gourmet Pizza & Pasta restaurant. Waterlooto Region · Currently Being Farmed. John Hoffman * · ext. 3040 access to Hwy 401 via Hwy 8 Directly on 66.58 Acres · $2,200,000 · EXCLUSIVE High sales with huge potential. Located in the Call for info pkg! SALES Boudreau REPRESENTATIVES: James ** · ext. 3020 808 SF· $125,000 · MLS: 1517668 proposed rail consideration transit route. to change fastest growing area. FOR High exposure MULTI FAMILY SALE on Cambridge·light Under OP city’s Peter Benninger**/Colin Vogel* Bill Halpenny * · ext. 3120 Waterloo· Belgium style poutine restaurant in Peter Benninger**/Colin Vogel* busy roundabout. Lester Tobin* Selby Colson * * ·· ext. designation to industrial. Peter Benninger** Gary Boudreau ext. 3100 3029

37.5 Acres · $3,000,000 · MLS: 1244781 66.58 Acres · $2,200,000 · EXCLUSIVE Port Elgin · Incredible investment. the Approx.217 Acres · $4,340,000 · At EXCLUSIVE Cambridge· Under consideration change gateway to Port Elgin. 800 meterstofrom newOP Waterloo Region · Currently Being Farmed. designation to industrial. Benninger** Walmart plaza a few min.Peter walk to one of the Call info pkg! mostfor beautiful sandy beaches in Ontario! Approx.217 Acres $4,340,000 · EXCLUSIVE Peter· Benninger**/Colin Vogel* James Boudreau**

Waterloo Region · Currently Being Farmed.

FORMER SCHOOL/RE-DEVELOPMENT Call for info 37.5 Acres · pkg! $3,000,000 · MLS: 1244781 SITE

19,589 SF· ·Incredible 3Peter Ac.· $1,800,000 · MLS: Benninger**/Colin Port Elgin investment. At the Vogel* 1444282to Woodstock · Single storey building gateway Port Elgin. 800 meters from 37.5 Acres ·8$3,000,000 · MLS: 1244781new containing classrooms, gymnasium and Walmart plaza a few min. walk to one of Port Elgin · Incredible investment. At thethe playground with commercial zoning. most beautiful sandy in Ontario! gateway to Port Elgin.beaches 800 meters from new Residential re-development is obtainable. James Walmart plaza a few min. walk to Lester oneBoudreau** of the Tobin*

prime location on King at University. All new 13 Units · $5,500,000· MLS: 1437772 equipment. Business can 1517668 be purchased with · $125,000 · MLS: 808 SF Waterloo Recentlystyle constructed, purpose built or without·franchise. Tobin* Waterloo· Belgium poutineLester restaurant in

investment property. Close to U All of new W & prime location on King at University. W.L.U. controlled entry surveillance, equipment. Business canw/video be purchased with MULTI FAMILY FOR SALE separate meters for gas Lester and Tobin* hydro. or without franchise. Eric Reiner*

MULTI FAMILY FOR SALE 13 Units · $5,500,000· MLS: 1437772 36 Units · $14,750,000 · MLS: 1437816 Waterloo · Recently constructed, Waterloo · Modern loft style units.purpose Recentlybuilt investment Close totoUU of of 13 Units ·property. $5,500,000· MLS: 1437772 constructed, purpose built steps WW& & W.L.U. entry w/video purpose surveillance, Waterloo · Recently constructed, built W.L.U. controlled L.E.E.D quality construction, investment property. U of W & separate meters forClose gasto Eric and hydro. hydro meters. Reiner* W.L.U. controlled entry w/videoEric surveillance, Reiner*

most beautiful sandy beaches in Ontario! FORMER SCHOOL/RE-DEVELOPMENT SITE separate James Boudreau**

19,589 SF · 3 Ac.· $1,800,000 · MLS: 1444282 Woodstock · Single storey building 19,589 SF · 3 Ac.· $1,800,000 · MLS: containing 8 classrooms, gymnasium and 1444282 Woodstock · Single storey building playground commercial zoning. and containing 8with classrooms, gymnasium Residential obtainable. playground re-development with commercial is zoning. Residential re-development is obtainable. Lester Tobin*

FORMER SCHOOL/RE-DEVELOPMENT SITE

meters

for

gas

and hydro. Eric Reiner*

36 Units · $14,750,000 · MLS: 1437816 Waterloo Modern loft style units. Recently 36 Units ··$14,750,000 · MLS: 1437816 constructed, purpose U of W & Waterloo · Modern loftbuilt stylesteps units.toRecently W.L.U. L.E.E.D quality construction, constructed, purpose built steps to U of W & W.L.U. L.E.E.D quality construction, separate hydro meters. Eric Reiner*

Lester Tobin* separate hydro meters.

Eric Reiner*

R. Blake Hull * James Boudreau ** Mike Flynn * Eric Reiner * Selby Colson * John Hoffman Lester Tobin * * Mike Flynn * Bill Halpenny Colin Vogel * * John Hoffman * Harmony Voisin R. Blake Hull * * Bill Halpenny *

· · · · ·· · ·· · · ·

ext. 3032 3020 ext. 3037 ext. 2099 ext. 3100 ext. 3023 3040 ext. ext. 3037 ext. 3120 ext. 3110 ext. 3040 ext. 3117 3032 ext. 3120

Eric Reiner * · ext. 2099 BROKER OF RECORD: R. Blake Hull *

Lester Tobin * Eric Reiner *

· ext. 3032

Colin LesterVogel Tobin* *

Peter Benninger**

·· ext. 3023 ext.3000 2099 · ext. ·· ext. 3110 ext. 3023

Harmony Voisin * Colin Vogel *

· ext. 3117

· ext. 3110 * Sales Representa�ve Harmony Voisin * · ext. 3117 ** Broker

BROKER OF RECORD:

Peter Benninger**

· ext. 3000

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

8171433_1315

businessbarometer

Commercial Real Estate & Business Opportunities

Volume 15 Issue 03

Vol

Confidence rebounds in March

mall business confidence warmed slightly in March, rising about a point and a half over February’s Business Barometer. March saw a sentiment of guarded optimism in the energy-producing provinces and rising optimism in British Columbia, Ontario, and Quebec, yet the overall national reading of 61.5 still reflected a mood of uncertainty.

“There are some encouraging signs coming from the energyproducing provinces,” said Ted Mallett, CFIB’s chief economist and vice-president.“Small businesses in those provinces are by no means brimming with confidence, but at least the sharp downward trend seems to have abated.” Measured on a scale of 0 to 100, an index level above 50 means owners expecting their businesses’ performance to be stronger in the next year outnumber those expecting weaker performance. Past results suggest index levels normally range between 65 and 70 when the economy is growing at its potential. British Columbia led the country in optimism, climbing above 70, taking over the top spot from PEI, which dropped slightly in March to settle at a healthy 69.4. Ontario gained a respectable five-and-a-half points to 65.5, followed by Quebec, which mirrored the national trend by increasing a point-and-a-half to 59.4. Newfoundland and Labrador was unchanged at a lacklustre 56.7, which is its lowest score since 2009. Nova Scotia dropped to 65.2, which is still well above the national average, while New Brunswick shed three points to land at 61.8, aligned with the national average. The story from the prairies was less optimistic than the national picture, yet confidence held constant in Manitoba (54.6), Alberta (48.1), and Saskatchewan (52.7). Outside of a jump in confidence in the construction sector and a decline in the resources sector, there was little monthover-month change across industry groups. There was more confidence in service-oriented businesses than in those producing goods. Hiring plans are tracking at normal seasonal levels, yet appear more subdued than in previous years. Capital spending plans

are experiencing a downshift, while pricing is on an upswing, possibly due to the increased cost of imports with a weaker Canadian dollar. “The immediate shock of falling energy prices has passed, yet the national business mood remains rather lethargic,” added Mallett.“It will be interesting to see if increased levels of confidence in the country’s three largest provinces can carry the rest of Canada along with them.” March 2015 findings are based on 929 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Data reflect responses received through March 16. Findings are statistically accurate to +/- 3.2 per cent, 19 times in 20. Read the March Business Barometer online at cfib-fcei.ca. CFIB is Canada’s largest association of small and medium-sized businesses with 109,000 members across every sector and region.

T c

Please say you saw it in The Commercial Investor

008 biz barometer - confidence up in march.indd 1

2015-03-26 12:34 PM

Volume 15 Issue 03

519.742.7000

26 12:34 PM

Commercial Real Estate & Business Opportunities

www.coupalmarkou.com

77 KING STREET NORTH, WATERLOO

92 KING STREET SOUTH, WATERLOO

• Desired corner located in busy Uptown Waterloo • 750 meters from Wilfrid Laurier University • Existing restaurant infrastructure with 227 person capacity • 12,500 sq ft over 2 floors and lower level • $11,000/month

• Second floor space with private entrance • Excellent location across from “The Shops of Waterloo Twon Square” • On GRT route and minutes from Hwy 85 • 1016 sq ft (approximately) • $11.50/sq ft Net

0915_DJW_0062

MLS

126 KING STREET SOUTH, WATERLOO

• Turnkey restaurant located in the heart of Uptown Waterloo • 5,000 sq ft (approx.) + basement • Seating capacity for 180 • $11,000/month 1315_DJW_0038

MLS

27 RIVERVIEW PLACE, KITCHENER

• 3.63 acres industrial land • In prestigious Grand River Business Park • Located just off Victoria St. N, Kitchener • $671,550 ($185,000 per acre) 0515_DJW_4_0075

MLS

0915_DJW_0063

MLS

1015-1051 KING STREET EAST, KITCHENER

• Across from future LRT • 1.19 acre redevelopment site • Corner of King & Ottawa Street • Existing income in place • $2,295,000 0515_DJW_1_7778

MLS

240 DUKE STREET WEST, KITCHENER

• Free standing brick & beam building in the heart of downtown Kitchener • Directly across from the NEW Regional Transit Hub • Freight elevaor & loading docks • 16,950 sq ft over 2 floors and lower level • $16.00 / sq ft Net

EXCLUSIVE

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54 BRIDGE STREET WEST, KITCHENER

• Prime residential development site • 1.23 acres with 181.28 ft frontage • Premilinary site plan approval in place for • 32 unit apartment building or stacked townhouses • $1,350,000

MLS

0515_DJW_2_0117

300 BRIDGE STREET EAST, KITCHENER

470 BRANT ROAD, NEW DUNDEE

• 72.9 acres • 44.65 acres developable • Strategically located on the new Hwy 7 realignment • $9,900,000

• 120.4 acres with 4,400 sf house, horse barn & facilities • High profile location minutes from south Cambridge • Ideally suited for future development in the areas of recreation and leisure • $2,995,000

0515_DJW_2_0021

MLS

0515_DJW_1_0119

Christopher Coupal

John Markou

James Craig

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

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

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

CONNECT

11289418_1315

The information set out herein is for advertising purposes, with information obtained from sources deemed to be reliable. No warranty or representation is made as to its accuracy, correctness and completeness of the information, being subject to errors, omissions, conditions, prior sale/lease, withdrawal or other changes without notice. Coupal Markou Commercial Real Estate Inc., Brokerage

Please say you saw it in The Commercial Investor

Kitchener/Waterloo Guelph & Cambridge

e 03

Commercial Real Estate & Business Opportunities

Volume 15 Issue 03

Kitchener/Waterloo Guelph & Cambridge

COM BM RO ER OC KI B AU L IILNDVIENSGT O R

PROTECTING YOUR INVESTMENT

C ARBON M ON OX ID E ( C O ) D E T E C T O R S - D EA D L I N E IT IS NOW LAW to

install carbon monoxide (CO) detectors in residential buildings.

When and how did this become law in Ontario? The HAWKINS GIGNAC ACT 2013 was given royal assent in December 2013.

Who has to install them?

Every owner of a building containing a residential occupancy must install carbon monoxide detectors adjacent to sleeping areas.

What regulations control the installation?

Existing buildings are controlled by the Ontario Fire Code (OFC) as Amended by the Hawkins Gignac Act 2013. The code amendments require that CO detectors be installed near sleeping areas in residential homes. In multiunit residential buildings they must be installed in service rooms and adjacent to sleeping areas. New Buildings are regulated under the Ontario Building Code and since 2001, and

detectors are required in new residential buildings containing fuel burning appliances or in a storage garage for motor vehicles.

What are the deadlines for installation of CO detectors in existing residential buildings? The requirements for installation came into force on October 15, 2014. However, grace periods were allowed in order to comply. April 15, 2015 is the deadline for buildings that contain no more than six suites of residential occupancy. October 15, 2015 is the deadline for buildings that contain more than six suites of residential occupancy.

Condominiums are unique in that the owner of the condominium suite is responsible for the installation and maintenance unless there are legal agreements with the Condominium Corporation to take the responsibility. We advise condominium owners to check with the corporation. Summary: Recommend that building owners install CO detectors immediately to protect tenants. Home owners must install CO detectors by April 15, 2015.

Long life battery or hard wired combined smoke and CO detector

Who is LEGALLY responsible for the installation, maintenance, testing and replacement of CO detectors?

The OWNER of the residential building is responsible for the CO detectors, not the tenant.

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

Plug in type detector

www.BrookBC.com 905-385-4496 1-888-343-3023 11236833_1315

Please say you saw it in The Commercial Investor

Vol

Commercial Real Estate & Business Opportunities 11295955_1315

Dan Porlier ABR, SRES KW REAL ESTATE TEAM.

Kw Golden Triangle realty Inc. Brokerage.

Cell: 519-500-4682

KELLER WILLIAMS Office: 519-570-4447

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1315_DJW_0070

BE YOUR OWN BOSS!! TWO Turnkey businesses for the price of one! Manage your own business with minimal risk, here is the opportunity for you. A very successful Hair salon and tanning studio are both waiting for you. Everything is in place to run and grow two profitable vibrant operations. trained staff, websites and equipment investment already completed. lease extension options will allow you to run your business for years. Excellent location in the growing Tim Horton’s retail plaza off the 401.

2,600 SQ. FT. Asking price = $195,000

Paul D’Abruzzo Real Estate Investment Coach & Sales Person Off:

905.361.9098 • Dir: 416.528.1813 • paul@rockstarbrokerage.com Rock Star Real Estate Inc., Brokerage

Exclusive Investment Opportunities for Real Estate Investors in Ontario. Get FREE weekly updates on new properties + Investing Articles, Updates and videos. visit www.CashFlowEnginner.com

21 UNIT APARTMENT

APARTMENT BUILDING • • • • • •

• $175,000 Net Operating Income • $60,000 Net After Mortgage Payments • Low Maintenance, Cash Flow Machine • High Demand location • Easy to Manage and Maintain • 21 Renovated units • Laundry and Parking

ASKING $2,750,000 MULTI UNIT BUILDING • • • • • •

200,000 Net Operating Income Huge CashFlow Potential! Brand New Construction Fully Occupied Very Low Maintenace Building Excellent Location

ASKING $3,250,000 STUDENT HOUSING

Renovator Special* 31 Unit Building Only 88,000 per unit Units need attention Fully occupied as is Massive Upside on Equity and CashFlow

ASKING $2,750,000 Please say you saw it in The Commercial Investor

• • • • • •

Fully licensed 9 bedroom Student House @ Waterloo Always Fully Occupied Easy to Manage and Maintain Excellent ROI Rarely offered with License at this price point

ASKING $559,000

Kitchener/Waterloo Guelph & Cambridge

Volume 15 Issue 03

11295841_1315

e 03

Vol

SOUTHWESTERN ONTARIO

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SOUTHWESTERN ONTARIO SECTION COVERING: Brantford Chatham Grey & Bruce Counties

Ingersoll London Owen Sound Sarnia Simcoe Stratford

St. Thomas Tillsonburg Windsor Woodstock

For advertising

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

doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com

11295770_1315

Commercial Real Estate & Business Opportunities

Advantage Realty Ltd., Brokerage Each Office Independently Owned & Operated

Eavan Travers CCIM

Jesse Robinson Broker

519-859-9997 eavan@eavan.ca Sales Representative

Direct: 519-860-3166 jesse.robinson@sympatico.ca

Direct:

1315_DJW_2_0011

1315_DJW_1_0010

UPSCALE RESTAURANT IN LONDON

Recognized by Enroute magazine as one of Canada’s top 10 new restaurants in 2008. The Only on King offers an ever changing, locally sourced daily menu. Also published in Anne Hardy’s ‘Where to Eat in Canada’. It was the only restaurant in London to make the 43rd edition. She considered The Only on King as the best restaurant London has ever had. Fully Licensed with seating for 41. Turn key operation.

WALDO’S IN “VILLAGE OF BYRON”

1315_DJW_0053

Established Restaurant located in the heart of the “Village of Byron” in London. Waldo’s in Byron is a 34 seat restaurant with an additional 20 seats on patio.

WALDO’S ON KING “ENTERTAINMENT DISTRICT” “Rated the #2 London Restaurant on Trip Advisor”. Licensed for 68 seats & additional Patio seating for 36. Waldo’s on King’s located in London’s choice entertainment district the ‘Covent Garden Market’ and adjacent to ‘Budweiser Gardens’. This property is exposed to considerable pedestrian and vehicular traffic. Surrounded by night clubs, farmers market, office uses, densely populated multi-unit residential developments.

Please say you saw it in The Commercial Investor

Southwest Ontario

Tel: 519-649-6000

1315_DJW_0054

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

1315_DJW_0004

50 HARWILL ROAD, ST. THOMAS COASTLINE R E A LT Y BROKERAGE

Independently Owned & Operated

1315_DJW_0005

Southwest Ontario

519-583-2333 877-983-2333 www.coastlinerealty.ca 11295750_1315

0 ,0

Krista Kitchen

Sales Representative Direct Cell: 519-410-0675 E: krista-kitchen@coldwellbanker.ca

INVESTMENT OPPORTUNITY! RESIDENTIAL/COMMERICIAL

• 88,927 sq. ft building on 3.87 acres • 8 truck level doors with levellers. • 20' clear ceilings; spinkler system; 2000 amp service • Zoned M2 • Less than 15 minutes from Hwy 401

PAUL GOULET Sales Representative

KITCHENER, ONTARIO

519.578.0337

11295749_1315

CELL:

519.878.0223

p.goulet@bellnet.ca

Investment Property! Income opportunity with 3 residential units as well as potential for 2 large commercial areas. CR Zoning allows for many uses. 2 buildings on 1 property with ample parking and storage. Central location in between Delhi, and Tillsonburg - Located on Highway 59 - close access to Highway 3 - North building has 5 bedroom home and commercial space approx. 1500 sq. ft. Building to the south has 2 upper ﬂoor residential 2 bedroom apartments. Lower ﬂoor has commercial space approx. 1500 sq. ft. Don't miss this opportunity - Call Listing Agent Today! 1315_DJW_0023

inthenews

Directory and invoice scams commonly hit small businesses: CFIB

he Canadian Federation of Independent Business (CFIB) continues to raise awareness about the types of scams and fraud that commonly hit small businesses around the region. One of the most common scams targeted at local businesses involves fraudulent directories or unsolicited advertising. While there are lots of legitimate advertising and directory options out there, it’s incredibly common for small businesses to be targeted by schemes that may ask the business to

confirm their contact information only to then receive a bill that they were not anticipating,” said Jordi Morgan, CFIB’s vice-president Atlantic. To avoid falling victim to directory fraud CFIB Business Counsellors recommends business owners take the following steps: • Carefully inspect the name of the company and their address on the invoice.

It might seem familiar but often has a slight variation from the legitimate directory name or have an address that doesn’t seem right. • Ensure there are no demands for payment in the fine print. • If you currently use directory advertising, call your local representative to

verify the legitimacy of the information request. Visit CFIB’s website for additional information to help small business owners protect their businesses from fraud: www.cfib.ca/fraudsquad “As with most cases of fraud, prevention is the best way to protect your business. Simple steps can sometimes make a huge difference,” said Morgan. CFIB is Canada’s largest association of small- and medium-sized businesses with 109,000 members across every sector and region.

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Commercial Real Estate & Business Opportunities

20 ARGYLE STREET SIMCOE, ON

32 MAIN STREET SOUTH WATERFORD, ON BROKERAGE

Each Office is Independently Owned & Operated

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DOWNTOWN PORT DOVER Fully equipped restaurant on corner site across the street from Lighthouse Theatre and Powell Park, business only. Call Gail Bouw, Sales Rep., C 519-718-3629. MLS® $49,000

DOWNTOWN SIMCOE OPPORTUNITY Fully rented bringing $850 per month for apartments, new roof & windows in 2014, business may be purchased separately. Call Rick Traubenik, Sales Rep., C 519-718-3212. MLS® $145,500.

HIGH TRAFFIC LOCATION On Hwy #3 in Simcoe, previously a restaurant, 3 bedroom apartment upstairs, great potential with commercial service zoning. Also available for lease. Call Vince Gallea Sales Rep., C 519-718-2263. MLS® $279,000.

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www.coldwellbankeractionplus.ca

MULTI FAMILY WELL MAINTAINED TRIPLEX IN DELHI. 3 two bedroom units, gross annual income $23,000 plus. Call Al Maes, Sales Rep. C 519-427-4594. MLS® $189,900.

DEVELOPMENT PROPERTIES PARCEL OF LAND. 10.5 acres, under draft plan of subdivision (36+ lots zoned Res 1) Adjacent to Wal Mart & all amenities. 45 minutes to Hamilton, 30 minutes to Brantford & 20 minutes to Lake Erie. MLS® $1,750,000.

RURAL INVESTMENT. This 4 unit property with long term tenants needs some TLC but offers good return on investment. Call Janet Kazakevicius. C 519-428-8895. MLS® $225,900.

ZONED & APPROVED for townhouse units, central to Simcoe, and 5 blocks to shopping. Plans available for 10 unit townhouse project. MLS® $449,000.

COMMERCIAL PROPERTY FOR SALE 6,400 sq. ft. of office space consisting of 2 units, each having 3,200 sq. ft., lower level is presently vacant and for lease at $2,500 per month. Call Eva Dixon Sales Rep., C 519-429-0550. MLS® $549,900.

WOODSTOCK

519-539-2070

WATERFORD. Century double brick 2 storey home currently a 3 unit dwelling. Each unit is approx 1000 sq ft. Call Scott Fleming, Sales Rep, C 519-909-9585 or Tom Dedrick, Sales Rep, C 519-429-4044. MLS® $249,900.

HIGH TRAFFIC FRONTAGE. 6.28 acres fronting onto Hwy #3, corner location, located within the urban boundary, across the street are existing res. condos and future condo development. MLS® $1,200,000. Call Al Maes, Sales Rep, C 519-427-4594 or Doug Mitchell, Sales Rep, C 519-718-2300.

ROSEMARY BROWN

MARK SCHADENBERG

PETER VANDERSAR

SALES REPRESENTATIVE

BROKER

519-532-9049 rosemarybrown@royallepage.ca

519-537-1553 mschadenberg@rogers.com

519-536-1200 peter@petervandersar.com

FOR SALE

$525,000

$285,000

Approximately 12,000 SQ FT building on highway #2 on approximately 5 acres. Former Bowyer Marine Dealership. Lots of parking and outside storage space. New roof on part of building. Quonset building also on site for storage. Vendor to take back mortgage to qualified buyer. 0915_DJW_0083

FOR SALE

$199,900

$1,500,000

Remarkable Versatile Village listing. For right buyer, wonderful Embro commercial opportunity exists in 2,300 sq ft 1-level office building at corner of Huron (Cty Rd 6) and Commissioners. Available now! Fully modern building includes 1996 addition with full basement. Currently set up as 9 room but 2 showroom/office areas (each over 400 sq ft) could be opened up larger. Village commercial zoning could permit work-at-home setting or purchase for your own professional use. 0915_DJW_1_0101

Approximately 2.7 acres with former ECOLE-SAINTEMARGUERITE-BOURGEOYS SCHOOL building on Huron Street for sale. Located in an older residential area of North Woodstock. This property could be developed for a variety of uses. 0915_DJW_3_0104

FOR LEASE

Retail commercial building for sale in the heart of downtown Woodstock. Lots of natural light because of 2 skylights in upper floor. Approximately 4400 sq ft on 2 floors, busy local area with other merchants and restaurants. Present tenant on month to month lease. Lots of municipal parking nearby. 1315_DJW_0028

FOR LEASE 1600 square feet available for lease in commercial industrial building on Parkinson Road near 401 and 403 access. M1 Zoning with a variety of other businesses in this building, bring your ideas and see how you can fit in here among new manufacturing and service plants. Lease at $6.00/sqft. basic rent plus $2.70/sqft for common costs, realty taxes, building insurance and common maintenance.

2037 SQUARE FEET OF COMMERCIAL SPACE prime location on Woodstock east end. This unit fronts on to high traffic location at corner of Dundas and Clarke Streets. Between National Pasta and Barburrito. Other tenants include Drivers and Vehicle Licence office. City Financial, Chiba Sushi and Papa John's Restaurants. C4-26 zoning allows many applications including retail, office, schools and restaurants. Lease hold improvements. For further information contact Listing Agents.

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478 DUNDAS STREET, WOODSTOCK MLS 74397 Excellent downtown core location, close to Museum, Banks & City Hall. Former Little Theatre storage space. Wide open space with 10 foot ceiling and full basement for storage. Come have a look and present your ideas to the Landlord for approval. Entrance from Market square. 2500 sq ft.

Price – $4.00 Sqft. basic rent $605.00/Month common AREA COSTS

Southwest Ontario

519.443.7727 1.866.526.5204 waterford@coldwellbanker.ca

ACTION PLUS REALTY

11295751_1315

519.426.8816 1.866.426.8816 simcoe@coldwellbanker.ca

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Commercial Real Estate & Business Opportunities

SHARON MEDD BROKER

Sharon.medd@century21.ca

HOME REALTY INC., BROKERAGE 150 Main St., Seaforth

519-527-0560 Southwest Ontario

VERY WELL ESTABLISHED RESTAURANT / VARIETY STORE 155 Ontario St. Dublin All Chattels included Only establishment of this kind within 15 minutes all directions. Busy Family Restaurant. Listed at $390,000

Property FOR SALE BY TENDER. Sit down Restaurant/Donut shop located in a high traffic area. Seating for 50 and additional on the patio security system, satellite radio. Total update/make over in 2006 including new kitchen and basement storage area. Drive thru set-up - possible option. Building and fixtures included. For tender forms and other particulars contact: Sharon Medd at Century21 Home Realty Inc. 150 Main St, S Seaforth ON N0K 1W0 Phone (519) 527-0560 Email: sharon.medd@gmail.com • Tenders to be submitted by 12 noon • Tuesday April 17th, 2015 • Highest or any tender not necessarily accepted. 1315_DJW_0029

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RENOVATED FROM THE BASEMENT TO THE TOP

CAR WASH!

41 Main St. Zurich Close to the Grand Bend Theatre & Patrons Pub/Sports Bar/ B&B/3 Apartments All Chattels included

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3 Self Serve Wash Bays including Truck Bay Less than 2 year old automatic drive thru touchless car wash including "Spot Free" rinse In-floor heating with boiler December 2014 in all Wash Bays 5 Commercial Offices Space - Rentals (List of Chattels available upon request)

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RENATE SIEBER-SCHLEGEL

Broker of Record Cell:519-531-1177

Land Exchange Ltd. Brokerage Independently Owned and Operated

www.remaxlandexchange.ca

Commercial/Residential on Hwy 21 in Goderich across from Suncoast Mall and Industrial Park. Environmental Study available.

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0915_DJW_8095

37.85 Acres of Vacant Land zoned "FUTURE DEVELOPMENT". Great development opportunity Residential / Commercial / Industrial Land. Farm a portion approx. 30 acres workable. 0915_DJW_0098

In Wingham. Multi Residential zoning for up to 23 dwelling units.

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Please say you saw it in The Commercial Investor

In the centre of Wingham. Highway commecial zoning; call Listing Agent for full information package. 0915_DJW_0096

PRIME COMMERCIAL 1.6 ACRE DEVELOPMENT SITE LIST PRICE: $325,000

LIST PRICE: $450,000

DEVELOPMENT LAND!!!

Income property - next to "The Square" in Goderich. Newer building with 3 commercial units, net lease; 2 - 3 bedroom apartments, net lease. Fully rented.

PRIME COMMERCIAL DEVELOPMENT LIST PRICE: $385,000 / $525,000

ATTENTION INVESTORS! LIST PRICE: $570,000

LIST PRICE: $1,900,000

PRIME 48 ACRE DEVELOPMENT SITE

Office: 519-357-3332

ESTABLISHED TURNKEY OPERATION LIST PRICE: $199,900

262 Josephine St., Wingham

Busy well established turnkey operation on a busy truck route, including restaurant (Seats 59), convenience store and gas station. Buidling was recently renovated (2012-2013) and sits on a large 3+ acre lot. Environmental study available. 0915_DJW_0100

Vol

Commercial Real Estate & Business Opportunities

David Hilderley Sales Representative 519.537.1469 www.DavidHilderley.ca david.hilderley@centrury21.ca

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

Business is at a Crossroads... Itâ€™s called Woodstock, Ontario

Office: 519.539.5646 PRIVATE PANORAMIC VIEW 200 acres of sandy loam soil near the Village of Bright in Blandford Blenheim. THere are 160 acres cultivated with the other 40 acres woodland & stream. 70 acres have been systematically tiled. The 2100 sq ft house built in 1976 had a 2-storey 490 sq ft addition added in 1992. This spacious home features large rooms & an open concept floor plan. The 40 tie stall dairy barn (1977) has 36'x120' gable roof & 32'x40' single level 20'x20' milk house, 200 amp service, 20'x35' Harvestore silo & 160' drilled well. Also there is a 45'x85' engineered steel bldg. with 16 ft clearance (1995) & a 32'x48' pole shed. Gas well royalty.

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7+ ACRES OF RECREATIONAL PROPERTY

Currently used as a miniature golf course and driving range. LIST OF USES AVAILABLE. 0915_DJW_0066

$3,400,000

$700.000

HIGHWAY COMMERCIAL Just across the road from Cityline for Woodstock, Ontario, paved road. Zoned General Industrial and Agricultural. Full legal description available from listing agent re: easement and right of way. 3 bedroom home on property. Salvage yard with scale. Metal salvage business currently in operation.

8 acres highway commercial, prime location and great opportunity for development. Call for full details. 0915_DJW_0067

0915_DJW_0068

$799,999

$1,999,000

George Gicopoulos

Sales Representative

Royal LePage Triland Realty, Brokerage* Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepage.ca www.georgegicopoulos.com www.royallepagecommercial.com

*Independently Owned and Operated

Southwestern Ontario Businesses/Properties DINO'S GRILL HOUSE & BEVERAGE CO.

CRABBY JOE'S TAP & GRILL

Great upscale family eatery, in operation for many years with great reputation and good sales and profits. Approximately 90 seats licensed under the LLBO. Very good condition, excellent long term lease. Open 6 1/2 days closed Sundays at 3:00 p.m. 0915_DJW_0024

This Crabby Joes franchise is where it all started in 1996; part of about 40 franchised restaurants in Ontario. Approximately 3000 sq ft on main floor with banquet facilities in the lower level and a nice front patio. Free standing building with plenty of on-site parking in the middle of town. 0915_DJW_0025

SUB-LEASE $3,000/MONTH FULLY EQUIPPED 1,030 SQ FT RESTAURANT

BUSINESS FOR SALE Licensed on patio for 40 and 90 inside with about 3,000 sq. ft. of space. Plenty of parking, easy access with great visibility. This is truly a money maker. Operated by the same family since its beginning about 10 years ago. Located in the expanding part of Aylmer where all the new development is. 0915_DJW_0027

Great opportunity to sub-lease this one year old fully equipped restaurant for less than rental payable. Located in rapidly expanding southwest London. Great signage and viability with patio at the front. Ideal for fast food, burgers, fish & chips, sushi, Chinese, pizza and more. 0915_DJW_0028

Please say you saw it in The Commercial Investor

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DINO'S CLASSIC GRILL 11:00 A.M. till 9:00 P.M. counter service. Minimum wage costs for this, Fast Food operation, with good sales and profit. Well known, good reputation, easy to operate ideal for Husband and Wife team.

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MALIBU FAMILY RESTAURANT Here is your opportunity to own one of the most successful longest running family style restaurants in the city and probably the most well known with a great reputation, great sales and profit. A true London landmark in the hospitality industry. A new (10) year lease to be negotiated with the Landlord at time of offer. 0915_DJW_0029

Southwest Ontario

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U.S. VACATION HOMES EXPECTED to remain attractive for Canadian buyers: BMO

“

anadians love to head south for spring break and snowbirds spend the season to escape the winter chill. U.S. housing affordability remains good despite a stronger U.S. dollar, according to a new outlook from BMO. Prices are expected to continue an upward trend in Florida, Arizona and other popular areas for Canadians owning vacation properties.

“U.S. housing is inexpensive when viewed through the lens of international real estate,” said Jack Ablin, Chief Investment Officer, BMO Private Bank.“Residential real estate in Florida and Arizona is roughly two-to-three times median incomes. That is about half the valuation of many of America’s trading partners.” Overall, U.S. house prices have increased 19 per cent in the past two years, but are only about halfway back to their 2006 peak. The median home price in Florida is US$169,400 and US$192,100 in Arizona. In comparison, the median home price for major centers in Canada is roughly US$230,192 (CND$279,062).

Traditional destinations for Canadians spending time in the U.S. during the winter remain affordable. Compared to their peaks, prices in Tampa, Phoenix, Las Vegas and Miami have yet to retrace half of their losses.

• Prices in Florida and Arizona expected to continue rising • Canadians are the largest foreign buyers of Florida housing • New government guidelines for residents spending time in Canada and U.S. Sal Guatieri, senior economist, BMO Capital Markets, notes that all the regions, except Miami, were considered highly affordable in 2014 when comparing median prices with median family income, while Miami was considered modestly affordable. “With the American economy and employment gaining strength, home sales and prices should continue to rise,” said Mr. Guatieri.“We expect prices to increase about 4 per cent this year, and we look for the U.S. greenback to strengthen modestly further against the Canadian dollar in 2015, before weakening next year.” Florida continues to be a hotspot with Canadians - the largest foreign buyers of Florida housing. More than 500,000 Canadians currently own real estate in Florida. Popular areas include Sarasota-Bradenton-Venice, Orlando-Kissimmee, Miami-Ft. Lauderdale-Palm Beach, Cape Coral-Ft. Myers, Tampa-St. Petersburg and Naples-Marco Island.

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Commercial Real Estate & Business Opportunities

Jerry Bevers, Regional Mortgage Manager of BMO Harris Bank in Florida and Arizona, advises that those interested in purchasing U.S. properties should consider financing the new purchase with a financial institution in the U.S. preferably a Canadian-based bank with branches south of the border. “The process of purchasing a home and acquiring a mortgage in the U.S. is quite different than in Canada. Working with a lender like BMO Harris, who is familiar with those differences, can help make the buying process easier and less stressful.” BMO OFFERS THE FOLLOWING TIPS FOR CANADIANS INTERESTED IN PURCHASING PROPERTY IN THE U.S.: How much time will you spend south of the border? Consider how many months of the year you’ll be living there so that your purchase reflects your lifestyle.

HOW WILL YOU USE YOUR PROPERTY? Is your purchase for investment or lifestyle purposes? This will affect where you buy and how you hold the property. Also, understand the options available and what will benefit you in the long run. If your purchase is for income purposes, keep in mind that renting your property means added responsibility. Research the possibilities of increased utility usage, property management needs and the vacancy rate in the area to ensure you’re prepared. About BMO Financial Group: Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified financial services organization based in North America. The bank offers a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers. BMO Financial Group had total assets of approximately $672 billion and more than 47,000 employees at January 31, 2015.

As of June 30, 2014, travellers were required to swipe passports both when they enter and when they depart each country. Canada and the U.S. will share the information. If you exceed 183 days in the U.S. in a year, you become subject to U.S. tax laws. WHAT STATES AND NEIGHBOURHOODS FIT YOUR NEEDS? Since you are responsible for property maintenance, consider how easily you can access your property from your Canadian home throughout the purchasing process and after acquisition. Consider flights and airlines, if you can fly there direct, and the cost. Research and even ask locals about the community to ensure it suits your needs. WHAT TO CONSIDER WHEN FINANCING THE PURCHASE WITH A U.S. BASED FINANCIAL INSTITUTION? It is important to be aware of the differences in mortgage financing and how interest is charged in the U.S. Furthermore, understand the impact of penalties and withholding taxes if and when you decide to sell your home in the U.S. DO YOU UNDERSTAND THE STATUS OF THE PROPERTY? Understand the terms of the property. For instance, is it labelled as short-sale or on foreclosure? The status of the property can have a variety of implications. Be sure to consult an expert before making any buying decisions.

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Vol

HAMILTON

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

HAMILTON SECTION COVERING:

Grimsby Hamilton Haldimand Stoney Ancaster Caledonia Cayuga Creek Dundas Dunnville

For advertising

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

doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com

Volume 15 Issue 03

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Commercial Real Estate & Business Opportunities

WESTDALE STOREFRONT FOR LEASE

WEST END - 2 UNITS

RETIREMENT ON YOUR MIND? Let’s Talk Confidentiality assured. 3 - 50 units wanted/Mixed - use

• Reduced to sell at $349,999. • 2 Storey Legal Duplex in beautiful Kirkendall neighbourhood • Close to Herkimer, Locke St., and minutes to McMaster University • Ideal owner occupy one apt. and rent 2nd unit to subsidize cost of ownership • 1 – 1 bdrm, 1 – 2 bdrm. Fully occupied. • Full appliances included. Steel roof & thermal windows 1315_DJW_0046

Direct acquisition possible

info@winkproperties.ca

Hamilton

Premium Location

WANTED

Only $600/month

GOOD BUILDINGS

• Near Metro in Westdale • Small Ground floor retail space • Flexible “H” zoning allows many uses for food service/office/consulting • Full outside customer parking - shared washroom & storage • Gross inclusive rent – tenant pays Hydro/Heat (or water for food prep) • Use must be approved by management 1315_DJW_0047

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‘ Comprehensive Investment Property Advice’ 19+ years Private Realty & Commercial Investment Experience

For

Further inFormation:

John hryczynski Broker

(905) email:

REAL ESTATE BROKERAGE CommerCial

John@BBsrealty.com

www.BBsrealty.com

commercial real estate

real estate sales and leasing serviCes RESTAURANT BUSINESS & BUILDING FOR SALE

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0915_DJW_0081

MIXED USE CONDO DEVELOPMENT SITE

529-5900 x 240

Downtown Hamilton District

A well established popular restaurant & building with 2 commercial units & renovate vacant 2nd & 3rd floor to residential units. Excellent exposure and corner location with patio in the heart of the resurging International Village district. Ideal for a future commercial & residential redevelopment site. Seller may lease back & possible VTB. Asking $1,099,000 EQUIPPED RESTAURANT & BUILDING FOR SALE

PRIME WEST HAMILTON LOCATION A mixed use commercial residential development site on Main St. W. located between McMaster University, Hwy 403, Locke St. and downtown core. Parcel consists of existing usable buildings and a large lot, ideal for a mixed use or residential condo development. Rezoning in progress, potential for approx. 100 residential & ground floor retail condo units. Call agent for details.

PRIME DOWNTOWN HAMILTON LOCATION Hamilton's landmark building consisting of 220 Residential units and 70,000 sq. ft. of Offices and Retail space w/underground & convenient adjoining surface parking. Walking distance to the GO Station, court houses and most other downtown core amenities and services. Prime corner location, ground floor Retail/Office Units: 2,006 sf & 2,604 sf (divisible), asking $14.95/sf GROSS, economically priced! Immediate possession.

A turn-keyed restaurant and building for sale in the heart of the growing downtown core close to the new Royal Connaught Condo Development, Colombia College, Theatre District and office towers. The fully equipped restaurant is suitable for a variety of food types. Reduced to sell at only $334,900.

RETAIL/OFFICE FOR LEASE

RETAIL FOR LEASE

RETAIL/OFFICE FOR LEASE

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Downtown International Village Location

EAST HAMILTON MOUNTAIN A first class busy regional retail complex, anchored by Metro Food, Shoppers Drug Mart, LCBO, department stores, banks & other retailers w tremendous parking capacity. Available units include: 13,340 sf retail space ideal for a fashion store, dollar store, furniture or most other national tenant & 6,773 sf second floor space ideal for office or fitness uses. Landlord may assist w build-out. Immediate possession. Call for details!

HAMILTON MOUNTAIN 170 SILVERCREEK PARKWAY NORTH, GUELPH Prime Hamilton Mountain retail plaza. Excellent 9,812 sf end cap Located on a major arterial road across from Willow West Mall. unit in this busy plaza. Superior exposure to high traffic, quick Many national tenants on this power retail strip. Available: Unit access to the LINC expressway serving the greater Hamilton 2 – 2,151 sf, former variety store & Unit 6 – 3,400 sf, ideal for area. Large open retail space with warehouse and loading door. most retail/office uses, affordable rents, from $12.95 $13.95/sf Generous parking. Ideal for most retail uses. Immediate posses- net, immediate possession. Also, new retail units from 800, 1,250 – 4,555 sf, asking $13.95 to $18.95/sf net, April/May possession. sion. Asking $13.95/sf net. Loads of parking! Call agent for details.

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Commercial Real Estate & Business Opportunities

Volume 15 Issue 03

UNDERSTANDING REAL ESTATE TERMS AND FORMULAS

8171452_1315

Dino Nicosia, Broker of Record - Investpro Realty and Appraisal Ltd., Brokerage

n this exciting world of Real Estate Investments there are many terms and formulas often used by investors and lenders. As a wise investor you should be familiar with the Real Estate lingo.

The following are some of the most common terms and formulas; Hamilton

Capitalization Rate: This is the most important term in the industry and investors should be prepared to use it to determine value. Sometimes known as the “Cap Rate”, this term represents the percentage return on investment in an “all cash purchase”. This is accomplished by taking the Net Operating Income and dividing it by the current market Cap Rate. For example, suppose you are considering to purchase an apartment building which generates a NOI (net operating income) of $60,000; and assuming the asking price of this property is $900,000. On this scenario the Cap Rate would be 6.6%. In other words at the asking price, you will earn a 6.6% return on the $900,000 investment. Divide the Net Income by the Selling Price. $60,000.00 divided by $900,000.00 equals 6.60% Cap Rate The market Cap Rate should be the key indicator to determine the value of investment properties. The Cap Rate will fluctuate with the market forces of supply, demand, interest rates and political climate. Gross Rent Multiplier (GRM) When we purchase a Real Estate investment, we are really buying the potential rental income, and not just the bricks and mortar. Therefore the Gross rents are sometimes used to determine value. The GRM is what you get by dividing the gross rent into the sale price of a building. For example, if an investment property sells for $1,000,000.00 with gross rents of $250,000.00, the “Multiplier” is 4 time the gross income. Therefore the GRM in this scenario is 4. This number can be a good thumbnail approach to valuing other buildings when you know their gross income. The problem with this method of valuing buildings is that the gross income does not allow for fluctuations in expenses. The best example would be in comparing two identical buildings, where; • On the first building, the tenants pay for own hydro • On the second building, the owner pays hydro and for cable etc. The impact on the value where the owner pays extra expenses will be significantly lower, unless the rents are adjusted higher to compensate for the inclusions. The GRM (Gross Income Multiplier) may be used as a benchmark, however amongst experienced investors the best approach to valuing buildings is by using the capitalization of the net operating income. Effective Gross Income This refers to the actual gross rents and deducting allowance for vacancy and bad debt. Every rental property experiences tenant turnover. The frequency in which it occurs will depend on many factors such as; location, condition, rental charge, economic forces, tenant profile (age, etc.), and property management experience, etc. It is very important that you become familiar with the vacancy rate of the area of the subject property and also the track record of the property turnover rate

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Net Operating Income (N.O.I) The Net Operating Income is the amount of cash available after deducting the operating expenses from the Effective Gross Income. Be sure that the N.O.I. is accurate so that a realistic property value can be assessed. To obtain a true N.O.I, you must also include management fees, superintendent wages to the expenses. Do not be fooled by a lean expense ratio, to artificially show a higher net income. Always remember that it is the N.O.I. that sets the probable value of the building.

or costly promotions. However, we now have the option to use free internet advertising, which are becoming more and more cost effective for the landlord.

Operating Expenses As an apartment building specialist, I come across many financial reports and proformas, and it never ceases to amaze me how many operating expenses are “streamlined” to expand the “N.O.I.”, thus artificially increasing the market value of the property. In addition to expenses for heat, hydro, water, realty taxes, the next time you review an income statement, also look for the following expenses:

Leverage The huge advantage of using leverage in a real estate investment is that for a small amount of cash you can purchase a large property. For example, a $100,000.00 down payment can purchase a building worth as much as $1,000,000.00, (10% down payment). On a long term hold, you will benefit from both mortgage reduction and increase in value.

1. Management Fees Whether you intend to manage yourself or hire a property manager, this item should always be expensed at 3% to 5% of the gross income 2. Superintendent/Janitor Wages Again, whether or not you intend to do the work yourself, always expense this wage to determine the true operating expenses. Use approximately $20.00 to $30.00 per unit per month as a guideline. 3. Maintenance/Repairs This cost will vary depending on the type, age and condition of the property, as well as quality of tenants and the past maintenance level of the building. A good guideline is approximately $500.00 to $800.00 per unit per year. 4. Elevator Often the cost of the elevator maintenance are not included in statements. 5. Waste Disposal Garbage disposal charges are often missed on a financial statement. 6. Snow Removal Often the cost of snow clearing are not included in statements 7. Insurance Coverage The property must be insured for fire and other hazards (tenants should cover their own contents). Premiums will vary depending on age and size of the building and be aware that premiums are on the rise. 8. Laundry Expenses On many occasions, you will find the laundry income included in the gross revenues. However, the laundry rentals are often forgotten in the expense column and unless the laundry equipment is owned, look for rental charges of approximately $60.00 a pair per month. 9. Advertising/Promotions, etc. In a tough rental market, you must allocate a reasonable monthly charge for advertising

A good “rule of thumb” for operating expenses is 55% to 60% of the “Effective Gross Income”. There are always minor exceptions where income is higher (and expenses lower) because tenants pay for their own hydro.

With leverage you may run the risk of unexpected negative cash flow that could risk the investment. Assure the income generated from the property is able to support the expenses and carrying costs. Also be aware of unforeseen capital expenditures which may tremendously impact the cash flow. Remember that “cash flow is king”, and unless you have deep pockets, always leave a good cash reserve available when required. Debt Service Ratio Used by lenders to establish the maximum loan amount. As an example, let us suppose the Net Operating Income (NOI) is $100,000.00 and assuming the “Debt Service Ratio” used by the Lender is 1.2 then the following steps will determine the maximum loan amount. 1. - Divide the NOI by the “Debt Service Ratio” ($100,000.00 / 1.2 = $83,333) 2. - Divide by 12 months ($83,333/ 12 = $6,944) 3. – Assuming the monthly interest rate factor @ 6% is 0.00644 4. - Divide interest rate factor into monthly payment of $6,944.00 ($6,944 /.00644 = $1,078,260 Therefore the maximum loan amount will be rounded to approximately $1,080,000.00. This will provide a good guideline as you shop for a mortgage. As a wise investor, you must learn the real estate language and know all the important formulas in order to be successful and reduce risk. 8171394_1315

Please say you saw it in The Commercial Investor

Hamilton

e 03

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

INVESTPRO REALTY LTD.,

VMYSL

BROKERAGE

Specializing in Multi-Residential Listing and Sales

Dino Nicosia, Broker of Record

“Your Investment Partner for Life”

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

Kandy Thompson,

Sales Representative

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

3 COMMERCIAL AND 16 RESIDENTIAL Hamilton

E M SODES S ED RA NE UPG

SOLD AL N DITIO CON

12 UNITS, HAMILTON

GREAT UPSIDE OPPORTUNITY

ED AT ON V I NO NS RE MA

East Hamilton near Ottawa St. shopping district. Arrange own financing. VTB Second mtg. Priced for quick Sale. Visit our website for details.

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

4114_DJW_1_0059

4114_DJW_1_0054

11 UNITS, DESIRABLE EAST HAMILTON

SOLD AL N DITIO N O C

WHY LEASE? OFFICE BUILDING FOR SALE

Near Gage Park and the Red Hill Express. Great condition. Rents are low with huge upside. It could be purchased with the 10 units. For more details and financials visit our website.

SOLD Prime downtown location for your new office. Walk to GO station. Naturally bright, fully updated & renovated. For more details visit our website. Visit our website for more information. 0915_DJW_0058

0515_DJW_0095

10 UNITS, DESIRABLE EAST HAMILTON

6 UNITS, TOTALLY RENOVATED

Near Gage Park and the Red Hill Express. Great condition. Rents are low with huge upside. It could be purchased with the 11 units. Room to add another unit. For more details and financials visit our website.

Very large, 1 and 2 bedroom units. Each unit has separate furnace. Parking for 4 vehicles. For more details visit our website.

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8 CONDO TOWNHOUSE COMPLEX, EAST HAMILTON

Steel fire escape and newer roof 2010. One 2 bedrm. and one 3 bedrm. For more details visit our website.

Good condition and location. Rents below market for the area. For more details visit our web site. 4114_DJW_2_0112

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LEGAL DUPLEX IN DESIRABLE LOCATION

W NE ICE PR

9558936_1315

www.investprorealty.com

7 UNITS IN STONEY CREEK RE RA ND I A F

SOLD AL ITION OND

Large lot with garage. Most units renovated with private decks. Fantastic income. For more details visit our website.

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

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Vol

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

11294087_1315

Larry Szpirglas BROKER

PRIME OFFICE SPACE Located in the heart of the downtown core in prominent office tower at the corner of King and James St. Located in the heart of the downtown core in prominent office tower at the corner of King and James St. Close to all amenities and City Hall, financial institutions, Government offices, shopping, public transportation, easy access to QEW. Property is well maintained and updated with improvements including elevators (2012), roof (2010), window caulking (2011) and ongoing energy conservation programs. Many prestigious tenants in the building. After hours access to building.

N EW $9 PR S 89 IC AL ,5 E E 00

Hamilton

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SQ $9.5 .F 0 T. PE +T R M I

FOR SALE OR LEASE

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0915_DJW_1_0012

Tel: 905.648.4451 Email: larryszpirglas@royallepage.ca

INDUSTRIAL WAREHOUSING/ MANUFACTURING SPACE IN STONEY CREEK

NEW SALE PRICE $989,500 or FOR LEASE $4.75 PER SQ. FT. Excellent well maintained industrial warehousing/manufacturing space in Stoney Creek. High traffic location with great exposure. Close to QEW, Red Hill Parkway and Lincoln Alexander Expressway. Three loading areas and one loading dock, dock leveler and upgraded electrical. Two office spaces at front of building. Plenty of parking on site. Tenant pays occupancy cost, property taxes and insurance.

PRESTIGIOUS RETAIL/PROFESSIONAL OFFICES LEASING OPPORTUNITY

FRUITLAND CROSSING PR

image

FLETCHER SQUARE

PA C

E 1315_DJW_1_0057

• Located at the corner of Fruitland Road and Barton Street in Stoney Creek • Gateway to pending residential development in lower Stoney Creek / Winona

• Located at the corner of Rymal Road East and Fletcher Road on Hamilton mountain • Gateway to expanding residential development on Hamilton mountain

• High exposure as a result of direct access to QEW via Fruitland Road

• High exposure as a result of nearby access to the Red Hill and the Linc

• Anchored by Tim Hortons, Esso & medical clinic

• Anchored by medical clinic and 5,000 sq ft daycare

• Flexible unit sizes from 1,053 to 5,800 sq ft

• Flexible unit sizes from 1,226 to 5,322 sq ft

• Newly built modern plaza with prestigious design and ample parking

• Tenant use protected by landlord

• Corner unit fronting on Barton Street currently available

• Corner unit available with possibility of patio

Hazhir Zandi SALES REPRESENTATIVE

*broker protected

Oﬃce Tel: Cell: Email:

Please say you saw it in The Commercial Investor

(905) 664-2622 (905) 570-4449 hazhir@multi-area.com

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Commercial Real Estate & Business Opportunities

N 11292930_1315

Mazhar Roshan Sales Representative

905.929.9800

Direct

905.318.3800 24 Hr. Pager 647.609.9463 GTA Direct mazharroshan@sympatico.ca GREAT BURLINGTON LOCATION - $114,900

RETAIL STONEY CREEK MOUNTAIN

BROKERAGE

I have qualified buyers for up to $5m in commercial and investment buyers. Call for details. DOWNTOWN - HAMILTON $1,500,000

REDUCED $800,000

Hamilton

D TE VA ER I T L O L M SE

price reduced Restaurant/Bar/Poolhall business, runs on short hours Monday-Saturday, 15,000 sq ft facilitiy with very reasonable rent and long lease, hands-on entrepreneur needed, lots of potential, showings after 2 pm.

Located in highly growing neighbourhood on Stoney Creek Mountain next to new Walmart & Financial Institutes, in a plaza with 3310 sq ft retail space available (can be divided). Other tenants include drive thru Tim Hortons, Esso Gas Station, Avondale, Gino Pizza & many more. TMI is estimated 10.00 PSF, immediate possession avail.

Location location location, property in downtown core Hamilton. Currently use as a worship place. Buyer to do due diligence regarding future use and property taxes. For more information and details call Mazhar.

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4914_DJW_2_0018

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BUSINESS FOR SALE Well Established restaurant. short hours 8:00 am to 4:00 pm. Doing very well in sales. Real Money Making Business. Lots of potential. Good for family or business minded person. Serious buyers call for detail. UPPER JAMES HAMILTON Great location of long established Quizno Subs doing around 400K sales yearly. Long lease and very reasonable rent. Good for family operation.

SOL

BUSINESS OPPORTUNITY If you are looking to open a nail and massage spa, I have an oppurtunity to takeover an existing business that would cost less than to open a new business! Nice set up. All equipment included. Call for details.

HIGH VOLUME CONVENIENCE STORE Doing approx.. $1M in sales per year. Lottery income extra. Reasonable rent. Long lease. A money Maker! Great family operation. East Hamilton location

CONVENIENCE STORE AVAILABLE Doing $12,000. Per Week. Prime Location. Call Mazhar for more details.

“My Business is to Sell Your Business”

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

FOR ADVERTISING CALL

DOREEN WILLS 905.570.9283 • 1.800.268.0077 Doreen.Wills@ypnexthome.ca Please say you saw it in The Commercial Investor

Vol

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

RE/MAX Escarpment Realty Inc Brokerage

8171399_1315

112 RAMSEY ROAD, DUNNVILLE $339,900

420 WESTBROOK ROAD, GLANBROOK $949,000

Mod former woodworking factory w/MG zoning (sev. permitted uses) in Dunnville’s ind. core. Orig. 3344 sq bldng + 5760 sq add. - 1994 frnt showroom w/offices & bathrms, 27’ free span ceilings, 8’ conc. flrs, 16’x14’ ovrhd drs, 400-600/3ph power, mun. water/sewers, lrg lot/compound, poss. 5000 sf expansion-90 mins S. Toronto.

Rare 10ac prop-incs 1.6ac leg. non-conf. comm. parcel frntng on Hwy 20+Westbrook10/15mns E/Hamilton. Incs 3000sf free-span retail bldng (1993) w/12’+16’ clngs, conc flr, 200 amp w/phase converter, sec. syt, 2 bathrms, well, septic & lrg prkng lot. Plus cust. home/2 wrkshps on remaining acreage - nat. seperated. Live/Work at Home...

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12 MAIN STREET N, HAGERSVILLE $299,900

120 MOHAWK POINT LANE, DUNNVILLE $799,000 Rare 56.7ac L.Erie pnt w/14cottage rntl business,10 yr bung, sev brns/outbldings, 45ac. wrkble (rented). Maj.of cottages positioned at sea lvl w/access to owned beach+rented to est. clientele @ per yr basis. Clean home is perched on bluff offers panoramic lake views- ftrs 3bdrms,1.5 baths, OC livrm/dinrm/kitch w/WO to lake fcng dck-inc full bsmt. 4514_DJW_2_0074

ATTENTION ALL FOOD RELATED ENTREPENEURS - Profitable turn-key business in downtown Hagersville ftrs well maintained 2 storey bldg w/2x1 bdrm UL units (rented) & 28 yrs + est vibrant sub/restaurant w/ steady clientele. Offers ex. visual exposure/hi-volume of vehicle/pedestrian traffic. All equip. inc. P&L avail.

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113 MAIN STREET, JARVIS $289,000

99 MAIN STREET N, HAGERSVILLE Rare 4.19 ac multi-purp. prop. in Hagersville N. limits - 20/30 mns S/Hamilton, 403, Frnt 2.15 ac incs renoed vintage 1.5 stry home (circa-1900) oozing w/charm. Ftrs orig. hrdwd. nat. stone FP, lrg fam. rm. poss. in-law, 24x24 garage-13. Rear 2.03 ac-zoned D-Development borders new subdivision. Maj. value in land! Investor Dream Property! 0915_DJW_0022

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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.

14 ROBINSON STREET, SIMCOE $169,500 Great mixed use property offers a hi-exposure street lvl comm unit with long term tenant in place & 2 res units on the upr lvl. 1 bdrm currently rented out & freshly reno’d 2 bdrm that is available for rent. Parking in the rear produces income. 0515_DJW_0033

15 ALMA ST N, HAGERSVILLE $324,900 Solid 3 stry multi-purp blding - former Fire Hall 75.66x115.50 crnr lot.4158sf 2 stry MF shop w/2-12x14 RU drs,17.5’ cling+395sf enc. mezzanine. 3rd lvl offers 4158sf banq hall w/ comm. kitch + 2 baths. Block const, 400 amp, rf-top HVAC. Zoned IC -sev. permitted uses. SQFT per MPAC. Submit offers prior to 5 pm-03/24/15. Irev 5pm 04/21/15. 1315_DJW_0039

Please say you saw it in The Commercial Investor

95 QUEENSTON ROAD, HAMILTON $119,900

Turn key pre-owned auto sales biz. 13 yrs at current location (18 yrs total) lease incs 50' x 100' paved lot, 10' x 20' htd office trailer - long term lease available. Price incs approx. $90K of pre-owned cars (sold certified @ wholesale price), phone #, clientele lists, ext. signage. No P & L/No VTB. Lrg inventory = instant cash flow. 4514_DJW_1_0007

Hamilton

e 03

Volume 15 Issue 03

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 Office: 905-522-6001 Cell:

HAMILTON CENTRE - COMMERCIAL/ RESIDENTIAL BLDG.

$1,295,000

Great location. 12,000 SF - 6 commercial units at Ground Flr plus roof sign & 8 apt units above with separate heat & hydro constructed approx. 20 yrs. ago. Ground flr. Commercial includes fully equipped restaurant to be leased & laundromat operated by owner. Part of possible land assembly 752 King Street East and 734 King Street East presently for sale. Close to downtown. LOT 3714_DJW_2_0084 SIZE: 107.3 FT X 158 FT.

NEXT TO HARVEY'S/ ACROSS FROM CENTRE MALL

$894,000

HAMILTON DOWNTOWN DEVELOPMENT SITE

3714_DJW_1_7005

Prime corner development site with building suitable for redevelopment to retail plaza & or high rise development. Can be purchased with adjacent property 756 King St. E. Pls. contact Augie for additional information on the proposed development.

SOUTHWEST HAMILTON - SHARP DUPLEX

FOR LEASE - MAIN ST. Large 1st flr. Commercial space available for various uses. i.e. offices, retail, restaurant, medical offices. High visibility and traffic flow, corner property with ample parking.

SOL

4914_DJW_0085

WELL ESTABLISHED HAMILTON BAKERY (BUSINESS AND REAL ESTATE)

$575,000

FOR LEASE JAMES ST N ART DISTRICT

3714_DJW_2_0078

SOL

COMING SOON DUPLEX CENTRAL HAMILTON 4914_DJW_0052

$184,900

$479,900 NEWLY LISTED!!! 1 & 2 bdrm units. Close to downtown and trendy Locke St. business district area. Major improvements, newer i.e. boiler, AC units, bathrooms, kitchens. Currently occupied by excellent tenants. Separate hydro meters. Rear parking plus single car garage.

3714_DJW_0059

In operations for over 60 yrs presently known as Gibson Bakery, fully equipped distributing to major retailers. Opportunity for new entrepreneur to take business to a new higher level. Close to Sherman Ave N and Barton St. The once "Little Italy" of Hamilton now enjoying new Renaissance of new business and development. Price includes business, equipment & real estate. Owner occupied 3 BR house. Approx. 5,000 sq. ft. Turn key operation.

LARGE DUPLEX NEAR OTTAWA ST.

$895,000

11 unit apt. building (6-2BR, 5-1BR) in trendy South Central location, walking distance to downtown, shopping, parks. Many upgrades: 2 new boilers â€˜02, newer commercial water heater, thermo windows, newer roof steel overhang, new roof in 2014 separate hydro meters. Tenants pay hydro. All rents currently charged below market value by $100 to $150 per month 3714_DJW_1_0042 approximately.

3714_DJW_1_0083

Great opportunity for owner/ user. Approx. 4,000 sq. ft. on 2 floors directly across Centre Mall - Box Stores, adjacent to Harvey's. Opportunity for various uses, restaurants, Medical offices etc. Ample parking approx. 34 cars. High traffic flow.

OLD

HAMILTON CENTRE 11 UNIT APT. BLDG.

$1,295,000

Large 1st floor space available for a variety of uses among restaurants, bars, galleries, in the Heart of Jamesville Art Scene, Approx 3,000 SF plus high basement. 4914_DJW_0086

$299,900

HAMILTON CENTRE TRIPLEX

LEGAL 2 FAMILY!!! Investor alert, 2 fresh units in this cozy 1 1/2 storey property close to Ottawa Street and the market and big box stores. Main floor is a 2 bedroom unit with door to back yard and 2 car garage. Upper unit has a large bright kitchen and nice size bedroom and living room.

Sharp triplex close to downtown and James St. North Art District. Excellent location. Lots of improvements. Updated kitchens and baths. 1st FLR 1 BR and large 4 BR Upper unit. LOT SIZE: 22.08 FT x 66.06 FT. Potential Gross Annual Income : Approx. $32,000. Good rental area.

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Please say you saw it in The Commercial Investor

8471320_1315

Hamilton

HAMILTON INCOME PROPERTIES

Vol

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

AL IS YOUR #1 CHOICE!

SEARCH FOR AL ON

FOR SELLERS & BUYERS SEARCH ONLINE @ REALTOR.CA OR GET THE APP! (FOR SMARTPHONES)

GOOGLE

Al Cosentino

ESCARPMENT REALTY INC. BROKERAGE

Sales Representative

INDEPENDENTLY OWNED & OPERATED

DIRECT LINE

Guaranteed Selling System

TOLL FREE

www.alcosentino.com

EAST HAMILTON

SMITHVILLE AREA

905-570-9997

1-855-570-9997 al@alcosentino.com

VINELAND (WINE COUNTRY) 4 to choose from country residential building lot with hydro, natural gas, sewers. Taste of fresh air. Ideal for small builder or build your home. Al is your #1 choice!

Approx. 5,000 sq ft + 5,000 sq ft bsmt. 10,000 sq ft of retail space on 210 x 365. High traffic location. Ample parking. Excellent condition. Store front. Lots of opportunities. Al is your #1 choice!

“AMAZING NEW WORK PLACE”

649,997

OR BEST OFFER 0915_DJW_0030

EAST CENTRAL HAMILTON

STARTING

219,997

Over 4000 sqft of space. Great for storage or working area and office above. Approx 2300 sqft of warehouse garage, 12 ft door. “K” industrial zoning. Al is your #1 choice!

84,997

OR BEST OFFER

FINANCING AVAILABLE

“AMAZING AFFORDABLE LOT”

4114_DJW_0047

CENTRAL EAST HAMILTON

“AMAZING BAKERY BUSINESS”

“AMAZING INCOME PROPERTY”

749,997

189,997

OR MAKE AN OFFER Turn key. Fully licensed bakery & restaurant business. 3 properties included. High traffic location. Established over 40 yrs. 2 bdrm apt included & more. Al is your #1 choice! 1315_DJW_0034 1315_DJW_0033

OR MAKE AN Used as 3 residential units. 2.5 OFFER

stry brick. Newly finished in-law suite (vacant). 200 amp breaker, newer windows, approx 6 yr gas furnace. Rear fire escape. Tim Hortons/Bakery just a walk away! “Al is your #1 choice.” 3314_DJW_0045

4914_DJW_0035

ANCASTER/COPETOWN “AMAZING 1 ACRE, SCHOOL HOUSE & HOME”

SOLD

444,997

OR MAKE AN OFFER Old school house 1887 w/steel

roof, w/many options. Updated & upgraded 4 lvl side split w/ 2 car garage. Lots of open space, country living & lots of parking. Al is your #1 choice!

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ASK FOR AL’S GUARANTEED SELLING SYSTEM, SOLD WITHIN 47 DAYS* OR WE BUY IT!

*CALL FOR DETAILS

William Hicks SALES REPRESENTATIVE

williamjoelh@gmail.com

Office - Industrial - Retail

BURLOAK REAL ESTATE SERVICES BROKERAGE INDEPENDENTLY OWNED & OPERATED BROKERAGE

1315_DJW_0037

OFFICE: 905-335-3042 Ext 579

Burlington Golden Horseshoe

FOR LEASE - NEW LISTING

OFFICE/RETAIL SPACE

Quiet charming office space located in West Burlington directly beside the Royal Botanical Gardens. Gross lease of approx. 1,050 sq. ft. split over two floors. The space boasts nice natural light with a warm and inviting feel. Kitchenette on the second floor with washrooms on both first and second floors. Space well suited for destination.

Very warm and inviting office space with 24/7 direct access. Located in a small busy plaza in designated growth area of Burlington. Plaza tenants include a dentist, chiropractor, government medical agency, fish market and fishing equipment outfitter. Great space for doctors office, walking clinic, accountant, professional office and retail possibilities. 1,522 sq. ft. with fresh offices and welcoming reception area. Call William for additional details.

Information provided by owner and is not warranted by Royal LePage Burloak Real Estate Services Brokerage. Subject to change without notice. 11287063_1315

Please say you saw it in The Commercial Investor

Hamilton

“AMAZING COMMERCIAL OPPORTUNITY”

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Commercial Real Estate & Business Opportunities

Volume 15 Issue 03

A wave of investment capital to propel

COMMERCIAL REAL ESTATE IN 2015

anadian commercial real estate has been synonymous with stability, low vacancy and record pricing, which has garnered the attention of global media, businesses and investors in recent years. The drop in oil prices and Target’s decision to pull out of Canada has taken some of the shine off the Canadian marketplace; however, Paul Morassutti, executive managing director of CBRE Limited, reminded attendees of CBRE’s Market Outlook Breakfast that record investor demand for commercial property is indicative of long-term confidence in Canadian commercial real estate. “For the first time in a number of years, we are seeing a bit of a divergence between the strength of property fundamentals and investment activity,” said Morassutti.“The buyer pool remains deep as a range of investors continue to pursue commercial property purchases across the country, but there is no doubt that vacancy and rental rates are under pressure in Alberta, particularly in the office market. It remains to be seen whether low oil prices will impact confidence, job growth, and demand for housing and commercial space in other parts of the country. Thus far, there have been limited repercussions outside of Alberta.” Investors are likely to face increased competition for commercial property in 2015 as Canada’s largest pension funds raise their allocation to real estate. An expected 80 basis point hike in pension funds’ target allocation to real estate, from 12.0 per cent to 12.8 per cent, equates to an additional $4.5 billion chasing commercial assets. In addition to pension funds, REITs will be selective buyers in 2015, as lower interest rates decrease their cost of capital, while private buyers will remain a powerful force in the market. “In terms of tenant demand and rental rates, whether we are talking about office, industrial or multifamily properties, much of the country is posting solid numbers. And we should not be surprised when Alberta acts like the cyclical market that it is,” said Morassutti.“In 2015, I think we’ll see some of

the questions around the Canadian retail market put aside. Retail is a dynamic property type. We’ll see a number of new successful retailers enter Canada, while retail innovations force bricks and mortar locations, as well supporting industrial logistics operations, to evolve.” Morassutti identified the following major trends in Canadian commercial real estate in 2015: • Investment capital will be readily available and cheaper than ever, with investor interest shifting to quality assets in Central Canada. • Do not expect fire sale pricing in Alberta; however, liquidity will be impacted and investment property transactions curtailed. • Retailers will pursue seamless omni-channel strategies which will force power centres and malls to deliver what online shopping cannot. • Suburban markets should not be overlooked. Transit oriented development and selective intensification will not be limited to downtown cores. • Do not be surprised by the rise of unexpected economic or geopolitical events. Uncertainty and rapid change have been the norm since the Great Recession. Download a copy of Paul Morassutti’s speech and accompanying slides from CBRE’s Market Outlook Breakfast on our website: http://www.cbre.ca/marketoutlookbreakfast About CBRE Group, Inc.: CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. In Canada, CBRE Limited employs approximately 2,080 people in 23 locations from coast to coast. Please visit online at www.cbre.ca.

Please say you saw it in The Commercial Investor

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2015-03-26 12:22 PM

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GTA SECTION

COVERING: Ajax Alliston Bowmanville Bradford Bolton Burlington Brampton Concord Durham Region

Etobicoke Georgetown Georgina Keswick Markham Milton Mississauga Newmarket North York Oakville Oshawa

Pickering Richmond Hill Scarborough Schomberg Sutton Toronto Tottenham Thornhill Vaughan Whitby Woodbridge

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

doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com

GREATER TORONTO AREA

26 12:22 PM

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Commercial Real Estate & Business Opportunities

Volume 15 Issue 03

Greater Toronto Area 8647857_1315

Please say you saw it in The Commercial Investor

Vol

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

ONTARIO FARMLAND FOR SALE TURNKEY – CASHCROP

11295748_1315

1-800-670-9576

invest@aginvestcanada.com | www.aginvestcanada.com

Average Annual Appreciation O N TA R I O 3 year 5 year 10 year

205 Acres in Chatham Kent.

$2,800,000

Always full because of niche client markets, very flexible accommodation, great building and location. Existing contract with government to house residents. Plans available for major expansion to 170 beds.

$7,650,000 0515_DJW_2_0080

WHY AGinvest? √ Provide investors with the opportunity to hold high-grade Canadian Farmland. √ Detailed reporting capabilities on investment holdings and opportunities. √ More than 100 years of farm management experience and the current operation of over 4,000 acres across South western Ontario. √ Skilled experience with soil preservation, crop rotation, and commodity selection. √ A successful track record of commercial and farmland investment holdings. √ A diverse management team compiled of agronomists, corporate farm operators, investment specialists, and real estate advisors.

37 BED DOM / RETIREMENT HOME GOVERMENT FUNDED

13 BED DOM / HSC GOVERNMENT CONTRACT

24 BED RETIREMENT HOME

Based on the current demographics the town has a demand for a good affordable retirement facility. The current building has an outstanding 22 bed domiciliary facility currently full with a waiting list, + an additional 40 beds are possible in a separate on site building.

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

TURNKEY OPERATION Modern design one floor retirement home. Very high occupancy located in downtown close to all amenities. FULLY SPRINKLERED. In very good condition. N.O.I. $250,000.

$665,000

$1,250,000

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0515_DJW_0048

Generic photo to protect the privacy of residents.

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

Email: michael@ShmuklerRealty.com

Please say you saw it in The Commercial Investor

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√ Exceptional Agricultural Infrastructure that caters well to the global marketplace. √ Climatic consistency, limited exposure to drought, exceptional heat units, growing days and rainfall. √ Consistent appreciation, low volatility exceptional hedge against inflation. √ Consistently surpassing the national average for farmland appreciation. √ Broad range of crops.

GOVERMENT CONTRACT

22.6% 16.5% 10.9%

please note the numbers above are provided by Farm Credit Canada and Oakview appriasals, independent third party appraisers.

WHY ONTARIO FARMLAND?

110 BED RETIREMENT HOME

3 year 5 year 10 year

ADDITIONAL 3% CASH LEASE REVENUE YEAR OVER YEAR.

Cash Annual Lease, Low M.E.R

√ Exceptional farm operators.

REGIONAL

20.1% 14.7% 10.0%

11253451_1315

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Volume 15 Issue 03

Vol

8975448_1315

Commercial Real Estate & Business Opportunities

$7 50 ,0 00 00 ,9 99 ,0 50

www.mcdadi.ca/535917t www.mcdadi.ca/67304d Prime location with easy access to all Industrial unit. Double door loading major highways. Approx. 1,900 sq ft. 2 bay. 20 ft ceilings. Close to the highbaths, low maintenance fees. ways & steps to transit.

1315_DJW_0016

,0 29 $1

www.mcdadi.ca/6990f www.mcdadi.ca/10303ck Established catering business. Strong Fitness centre franchise. Turnkey annual sales. Low expenses. Reason- operation. State of the art equipment. able rent. Turnkey operation. Busy Active membership. intersection & plaza. 1315_DJW_2_0008 1315_DJW_2_0021

00 ,0 75 $1

00 ,9 99

Upscale spa. High traffic location. Over 4,000 sq ft of tranquil paradise. Permanent staff. Tons of parking. 1315_DJW_0017

www.mcdadi.ca/65f Successful Coffee franchise in the heart of Toronto. Busy intersection in a high traffic neighbourhood.

1315_DJW_2_0020

1315_DJW_0015

www.mcdadi.ca/516101c Growing franchise. Seating for 40 patrons. Liquor licensed. Walking distance to the GO. 1315_DJW_2_0029

00 $3

00 ,0 $3

www.mcdadi.ca/1029w www.mcdadi.ca/9914m Established electrical supply business Established Marble/granite sales, for sale. Lone lease available. Seller installation & service business. High willing to train during transitional and Skema logic cutting maching. period. 1315_DJW_1_0018 1315_DJW_1_0006

1315_DJW_1_0005

www.mcdadi.ca/589n Renovated laundromat & dry cleaning business. Turn key operation in a busy neighbourhood. Monthly rent $4468 incl TMI. 1315_DJW_0014

www.mcdadi.ca/83126b Newly built plaza. High volume traffic. Approx 1,350 sq ft. Fully finished.

Greater Toronto Area

EXCLUSIVE

www.mcdadi.ca/2495h www.mcdadi.ca/1681w Industrial office complex. Approx. Development project. Site plan & 12,000 sq ft of space. Tons of parking architects drawings available. Close to available. Permit available to build a the GO. Great investment opportunity. 2nd floor expansion. 1315_DJW_0013 1315_DJW_2_0004

Detached building in prime south Mississauga. Excellent potential for investment. Business owned and operated for 17 years. 1500 sq ft. Apartment above. Fantastic opportunity. Act fast. Priced to sell.

www.mcdadi.ca/180a Free standing 13,000 sq ft warehouse ideally located in one of the busiest corridors of the GTA. E2 zoning allows for many usage. 1315_DJW_0012

$1 ,8 50 ,0 00

$2 ,2 00 ,0 00

$2 ,5 00 ,0 00

Sam McDadi Real Estate Inc., Brokerage

www.mdadi.ca/92504m Health & Wellness spa. Established clientelle. Low rent & TMI $2789/ month. Net income ranging from 6-8K/ month. 1315_DJW_2_0009

Ca Please say you saw it in The Commercial Investor

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities SELLING REAL ESTATE FOR OVER 25 YEARS

Platinum Award Winner

Bill Morrison SALES REPRESENTATIVE

Direct:

905-619-9500

Heritage Realty Inc., Brokerage Independently Owned and Operated

Toronto line: 416 798 7278

Email:

morrisonb@sutton.com TORONTO

Investment property on Danforth. Fully tenanted commercial plus 17 bachelor apartments. Lane access. ASKING

$2,600,000

ASKING 1315_DJW_0072

$3,799,000

Investment opportunity on Roncesvalles Ave. Store has AAA tenant, plus 2 bedroom apartment and 1 bedroom. Separate meters.

$1,098,000

ASKING 1315_DJW_0073

$1,825,000

$600,000

Great development potential for 10 residential lots. Building has 2 tenants. Fenced in compount. Building 42’ x 80’ on large lot.

$2,999,999

12 unit with 5% CAP! 7 large 2 bedroom units, 3 3 bedroom & 2 bachelors, separate meters, new roof and windows. Lots of parking. Bathurst and 401 area. Just listed! 1315_DJW_0074

Office building with great curb appeal, downtown on busy road. 12 parking. Excellent investment opportunity. ASKING

1315_DJW_0075

DOWNTOWN RICHMOND STREET

ASKING

1315_DJW_0077

OSHAWA

ASKING

Location, location! 2 minute walk to Eglinton Ave. 17 residential apartments and 4 commercial units. Fully leased.

TORONTO

ASKING

10527900_1315

TORONTO

Greater Toronto Area

e 03

Fantastic office building with access to fenced in parking for 10 cars. Bathurst and Queen location. Approx. 4000 sq ft building. Plus basement level. Why Lease?

$549,000

1315_DJW_0076

Money Making property on 40 acres with custom built bungalow 7000 sqft ﬁnished home. • Zoned for Golf Driving range. • Approved for 2400 sq.ft. ProShop/Restaurant. • On Busy Taunton Rd. Next to ramps for Hwy 407 which is coming soon.

Asking $3,500,000

1315_DJW_1_0124

I URGENTLY NEED MORE PROPERTY TO SELL IN ALL AREAS,

BUYERS ARE WAITING.

Call Bill Morrison to sell yours! FREE consultation call Bill 905-619-9500

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

Igor Chouminov President, Broker of Record

416.877.0326 igor@paiirealty.com

PAII REALTY INC.

Brokerage

11265283_1315

INVESTMENT AND DEVELOPMENT REAL ESTATE

ESTATE LOTS FOR SALE Prestigious

4514_DJW_2_0102

On Exclusive & Private Street Lot Prices Starting at

$1.1 Million

0515-DJW-0035

15 UNIT TOWNHOUSE DEVELOPMENT SITE Modern Design: 15 Unit Townhouse Site, 20 ft fronts, from 2000 to 2500 sf, 3 storey, large backyards, upscale neighborhood. Walking distance to shopping, schools, and transport. Priced at $4,000,000

60' Lots

• 6 Prestigious Estate Lots for Sale on Exclusive Street in Richmond Hill. • Lots over 60 ft frontage, with Depths of over 150 ft, Private Cul-de-sac street. • Homes in the Area selling over $2.5M to $3M++, Lot Prices Starting at $1,100,000. Please call for Details!

dexterdevcorp.com

ACTIVELY LOOKING FOR:

Greater Toronto Area

COMMERCIAL AND RESIDENTIAL PROPERTY FOR DEVELOPMENT SITE PLAN APPROVED PROJECTS RETAIL PLAZAS AND OTHER INVESTMENT PROPERTIES INVESTORS FOR REAL ESTATE PROJECTS ACROSS THE GTA!

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

Vol

Givalas Real Estate 8973548_0915

Commercial Real Estate & Business Opportunities

Brokerage

(905) 479-4436

INVESTMENT PROPERTY FOR SALE 0915_DJW_0035

0915_DJW_0034

Broker of Record

Ltd.

email: ngivalas@trebnet.com

INVESTMENT PROPERTY FOR SALE

Store with apartment above located at the corner of Queen St. E and Kingston Road. Main floor restaurant with full basement. Second floor newly renovated 2 bedroom apartment ready to move in or pick your own tenant, roof top sign board income with CBS outdoor. Ideal owner user property or carefree investment in The Heart of The City. Across from beaches movie complex, fitness club and Woodbine entertainment.

ASKING $1,020,000 $959,000

D L SO Plaza on Hwy #2 Whitby.

FREE STANDING COMMERCIAL BUILDING 0915_DJW_0051

COMMERCIAL STORE FRONT FOR SALE ON VICTORIA PARK AVE

Nick Givalas

D L SO

Rare opportunity for someone to buy a building in Toronto for Investment/Owner user open your own business here. Nice clean store. Owner retired operated as a Barber Shop (Still set up) full basement under store. Opposite of the No Frills Grocery Store and Plaza,

647 Atherley Road off Highway 12 South in Orillia. Minutes from The Casino Rama. Located beside very busy Ultramar Gas Bar. Lots of parking. Opportunity for someone to buy their own property as an invesment and operate their own restaurant. Lot size approx. 100 feet x 160 feet. Rare opportunity to buy a stand alone building at a fair price with Drive Thru.

ASKING $229,000 $209,900

ASKING $389,000 $369,900

COMMERCIAL SPACE FOR LEASE 245 KING ST. W. OSHAWA, UNIT #1 Retail space from 800 Sq ft - 2668 Sq ft in Teddy’s Park Plaza 2090 HURONTARIO, MISSISSAUGA Prime Highway 10 & QEW Exposure, 2nd Floor Office Space With Private Elevator Access. 3,027 Sq ft. Good Opportunity. 5308 & 5326 HWY 7 AT KIPLING Woodbridge Area. 2 Stores for lease. Approx. 825-850 sq ft. Reasonable rents

21 HARWOOD AVE. AJAX 2200 Sq ft., Corner For Lease $15.00 Sq ft. 3174 – 3180 EGLINGTON AVE, SCARBOROUGH 2 Retail stores and offices on 2nd floor in Plaza 90 NORTHLINE ROAD, TORONTO Industrial Space. 7,600 – 18,200 sq ft. Only $5.00 sq ft. net rent. Clean space. 804 SIMCOE ST. S., OSHAWA Free standing restaurant building for lease. Still operating. Only $1300/month net.

INVESTMENT PROPERTIES WANTED! We are currently looking for investment properties from $2,000,000 to $20,000,000. Within one hour of the GTA, from retail strip plazas, multi-residential units and highrise apartment buildings

Our family has been in the real estate business since 1955 and has a large client base for these type of properties. Call to discuss the potential sale of your property now or in the near future Please say you saw it in The Commercial Investor

Greater Toronto Area

Volume 15 Issue 03

0915_DJW_0036

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38 businesssavvy

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

THE APARTMENT BUSINESS By Elisa Krovblit

Average Sales Market

Average sale price per door 2013

Number of sales

2014

change

2013

2014

change

Vancouver

$231,135

$212,290

-8.15%

2.22%

Calgary

$155,049

$171,652

10.71%

25.58%

Edmonton

$113,905

$135,373

18.85%

-33.33%

Toronto

$156,517

$159,401

1.84%

167

186

11.38%

Ottawa

$146,769

$130,665

-10.97%

61.54%

Montreal

$90,111

$95,010

5.44%

508

433

-14.76%

Winnipeg

$62,344

$87,627

40.55%

-55.00%

Victoria

$144,701

$163,399

12.92%

200.00%

arket rents are high, and that has created a heightened interest for investors. Returns and income are at a high point. And with supply and demand not in balance, the lack of supply will keep driving the prices up in most major markets. The apartment business is booming across Canada. The recent Colliers International 2014 Year End Multi-Family Market Overview ranks apartment blocks as the most stable investment asset in most of Canada’s major cities. So what’s so hot about rental? Everything.

The past decade has been all about condo investment. Most cities have seen condo after condo be built and sold, with little more than a side note about new rental properties. Small investors were testing the waters, buying individual units. Larger investors were buying up multiple units. Pre-construction pricing was the in for a small downpayment, and post-construction assignment or maintaining a rental property income was the payoff. Instead of quick turnaround, holding onto those rentals has proven lucrative. The fact is, the apartment business has been steady and stable. With current vacancy levels so low, the demand for apartments is driving market rent sky high. The apartment business is becoming more lucrative than ever before. While short-term condo investment has garnered a good return in a short time frame, the apartment business

Please say you saw it in The Commercial Investor

is offering investors stable long-term returns, making it lucrative to tie up capital in large investments. Interestingly, comparing apartment prices is done by ‘price per door.’ According to the Colliers Report, price per door has increased year-over-year by 4.98 per cent to $128,603 as the national average. But some cities are far above the national average. Their higher price per door is much in line with the higher prices in their housing markets in genera – condo, home price and rental. Vancouver, Colliers has found, has the highest price per door – averaging $212,290. Of course, Toronto, with an average detached house price of $1Million is in close second, with an average price per door at $195,591. The deals are in Winnipeg and Montreal, where the average price per door is under $100,000. While Montreal may seem a bit surprising, because of its higher vacancy rate, it has low market rents so the motivation to own rental market assets is weaker.

Vol

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

FOR SALE

87 ACRES

3 ZONINGS. 45 OFFICIAL USES! HWY 10. 10 MINS TO ORANGEVILLE MLS# X3104385 BRIAN MCCAGUE JOHN MCCAGUE Sales Representatives

RCR REALTY BROKERAGE INDEPENDENTLY OWNED AND OPERATED, BROKER

johnmccague@ royallepage.ca Toll Free: (866) 772-5368 8314054_1315

AMAN* DEOL

DANIELLE** CAMPOS

FILIP** HAJDUK

11294169_1315

JENNY** ZHOU

Build & Design Your Dream 40,000 Sqft Office/Medical Building in Prime Mississauga Location Seconds from Hwy 403, 401 & 410. High Traffic Area! $1,700,000 ID#CI0900

Work Less & Earn More! 11 Year Established Profitable Filipino Resaurant With Loyal Clientele. In Busy High Demand Mississauga. Low Rent & Upgrades! $200,000.00 ID#CI1090

Established Automotive/Truck Business With 1.25 Acres of Land! Approx $1.8 Mill Sales With Great Verifiable Net Income! ! $2,000,000.00 ID#CI4987

Incredible Opportunity, Located In High Demand Downtown Brampton! Detached 3 Bdrm Home On Huge 88 Ft Wide Lot With Upgrades & Extras! $750,000. ID#CI0056

Donâ€™t Miss Out! Be Your Own Boss! Turn Key Well Est. Business w/Loyal Clientele! Fronting onto Derry! Located Across From Dixie Temple! $125,000. ID#CI6965

Well Established & Profitable Hair Salon For 45 Years With Loyal Clientele In Fantastic Corner Location In Mall. Low Lease Rate Of $2,446 Tmi&Water Incld! $50,000. ID#CI1255 *In Total Sales Volume

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e 03

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

Commercial Team In Canada! *

Brokerage Independently Owned And Operated ** +

www.PBcommercialteam.com ** Sales Person

Broker

TORONTO WEST APARTMENT BUILDING

HULLMARK CENTRE OFFICE SPACE C EX

NL Y

PA L

C EX

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

PRIME MISSISSAUGA AUTO LOCATION

OFFICE SPACE! DON MILLS / LAWRENCE

YOUR BUSINESS HERE

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

• • • • •

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

WORLDWIDE TROPHY ASSETS!

PRINCIPALS ONLY

Downtown Manhattan skyscraper! Both comm & retail space: $975M Las Vegas, NV casino! 21 floors on approx. 37 acres $475M Brooklyn hotel, popular hotel chain, over 320 rms $169 M Las Vegas, NV hotel / casino over 3,800 rms, 80% complete $470M NY City hotel, 140 rms, 3 star asset, approx. 5% CAP $103M

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

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

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11276658_1315

Greater Toronto Area

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

Vol

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

2 nd

Residential Commercial

11294307_1315

MORTGAGE

90%

LOAN VALUE

FAST APPROVALS

NO CREDIT CHECK NO APPRAISAL *

CASH in 7 DAYS

Paramount Equity Financial Corporation #12158 * GET

APPROVED

No Income Verification Bad Credit - No Credit Past Bankruptcy Property Tax Arrears

Debts to Consolidate Consumer Proposal Power of Sale (STOP) CRA Tax Liens

F R E E C O N S U LTAT I O N - F R E E Q U O T E S * P R O P E RT Y Q U A L I F I C AT I O N R E Q U I R E D

Nick Losee FSCO License #M14000846

647-977-1515 fastcash@rogers.com Please say you saw it in The Commercial Investor

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e 03

42 trebreport

Commercial Real Estate & Business Opportunities

Volume 15 Issue 03

Vol

GTA REALTORS REPORT commercial market figures

oronto Real Estate Board President Paul Etherington announced that TREB Commercial Network Members reported 553,178 square feet of industrial, commercial/retail and office space leased through the TorontoMLS system in February 2015. This result was up by almost 38 per cent compared to February 2014. Leased industrial space, which accounted for approximately 80 per cent of all leasing activity, was the driver of the year-over-year growth.

“We are facing an uncertain economic outlook in 2015. However, the lower value of the Canadian Dollar relative to the US Dollar coupled with lower borrowing costs could be helpful to businesses operating in the GTA, particularly those that are focused on producing exports. It is possible that a growth in exports could lead to a growth in demand for real estate as producers expand production,” continued Mr. Etherington.

The average industrial lease rate, for properties leased on a per square foot net basis with pricing disclosed, was $5.26 – in line with the February 2014 average of $5.29. The average lease rates for commercial/retail and office properties fluctuated to a greater degree compared to last year, but this was largely the result of a different mix of properties leased this year compared to last.

“While one month does not make a trend, it was encouraging to see an uptick in the amount of square footage leased in February compared to the same period last year. The fact that the growth was driven by the industrial sector is particularly notable, given that a good portion of the economy in southern Ontario is focused on the production of goods for export south of the border,” said Mr. Etherington. The number of industrial, commercial/retail and office properties reported sold through the TorontoMLS system in February 2015, at 37, was down in comparison to 52 sales for the same month in 2014. Average selling prices were up substantially, but this was mainly due to a change in the size and location of properties sold.

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042-043 TREB GTA Com_figures feb 2015.indd 2

2015-03-26 12:23 PM

042-043 T

e 03

26 12:23 PM

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

FEBRUARY 2015: Per Square Foot Net Commercial Leasing Summary Lease Transactions Completed on a Per Square Foot Net Basis with Pricing Disclosed on Toronto MLS

Leased Sq. Ft. (Price Disclosed, Per Sq.Ft. Net) Feb 2015

Feb 2014

% Change

Industrial

437,587

318,684

37.3%

Commercial

80,787

39,616

103.9%

Office

34,804

43,110

-19.3%

Total

553,178

401,410

37.8%

Feb 2015

Feb 2014

% Change

Industrial

$5.26

$5.29

-.5%

Commercial

$18.40

$22.29

-17.5%

Office

$11.43

$14.05

-18.7%

Avg. Lease Rate

FEBRUARY 2015: Commercial Sales Completed with Pricing Disclosed on TorontoMLS Sales (Price Disclosed) Feb 2015

Feb 2014

% Change

Industrial

50.0%

Commercial

-47.1%

Office

-50.0%

Total

-28.8%

Feb 2015

Feb 2014

% Change

Industrial

$150.75

$99.80

51.1%

Commercial

$372.96

$260.74

43.0%

Office

$228.91

$155.26

47.4%

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

Please say you saw it in The Commercial Investor

042-043 TREB GTA Com_figures feb 2015.indd 3

2015-03-26 12:23 PM

44 8629802_1315

Commercial Real Estate & Business Opportunities

Gurdeep Sandhu

6850 Millcreek Drive Mississauga, ON L5N 4J9 Realty Specialists Inc. Brokerage An Independent Member Brokerage

OďŹƒce: 905-858-3434 Direct: 647-262-9091

Volume 15 Issue 03

gssandhu@rogers.com gurdeepsandhu.com

Office space available from 100 sqft to 2000 sqft in a very busy commercial building near Dundas St / Hurontario St, Mississauga. Please call L/A for more details OAKVILLE AUTO BODYSHOP SALE OF BUSINESS ONLY

Greater Toronto Area

$89,000 Great Location! Busy Automotive Complex. T1 Zoning Well Maintained Autobody Workshop Equipped With Two Post Lift, Tools, & Painting Room With All Required Permissions. Tons Of Parking And Lot Of Work, Looking For Autobody Shop, Used Car Sales Or Any Auto Related Work Just Start With Already Equipped Shop With A Low Monthly Rent Of 3325 P/M Tmi Included In 5 + 5 Year Option. Motivated Seller. Bring All Offers! 0915_DJW_2_0016

Available space (100-2000 sqft), in Toronto Mississauga area, short term lease also possible (6-12 months) office leases and swing spaces, fully equipped offices with Internet access, photocopiers, fax, kitchen and reception area. 0915_DJW_0080

ESSO GAS STATION NIAGARA REGION

SHELL GAS STATION NIAGARA REGION

$579,000

$1,199,900

Self Serve Esso Gas Station With Convenience Store, Lotto 649 And Three Bedroom House Inside City And Community Area. Fibre Glass Tanks, Two Pumps, Corner Lot Also Includes Adjoining Vacant Land For Running Any Separate Business With Many Permissible Uses. Excellent Investment And Returns. Family Run Business. Be Your Own Boss. Beautiful 3 Bedroom House. Live Or Rent For Extra Income. Excellent Investment And Returns. 0915_DJW_2_0018

Fully Renovated Self Serve Shell Gas Station With Convenience Store And Lotto 649 In Centre Of City. Fibre Glass Tanks And Lines With Leak Detect Sensors 4 Pumps With 8 Nozzles. Card Reader At Pumps. Corner Lot. Beautiful And Clean Property With Lots Of Future Potentials. Renovated All Over. New Pumps, Tanks, Air Pump, Bbq Cylinder Exchange. Atm Machine, Lotto 649

Please say you saw it in The Commercial Investor

0915_DJW_1_0019

Vol

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities 10929735_1315

Attention Investors! Build your dream home or possibly sever, build and sell. Endless potential for this 2.5 acre prime Caledon location. $599,000 Shawn Lanigan* 1-888-943-0860. 1315_DJW_0040

Private Country Estate on 67 acres, unique opportunity to own your own 9 hole Golf course, hardwood forest, ponds & equipped Pro Shop, workshop, ample storage and ample parking. Have your own private course or continue existing public play. Sprawling raised bungalow with 3+2 bedrooms, spacious principal rooms, multiple walkouts to manicured lawns. Great setup for extended family or in-laws. Located near growing town of Beeton, Pride of Ownership. Approx 5 acre irrigation pond, Artesian drilled well services house and shop. Fabulous country setting. $1,395,000 Marc Ronan*** 1-888-936-4216. 1315_DJW_0041

Greater Toronto Area

e 03

Draft/Site plan approved 84 unit bungalow style adult lifestyle community on 32 acres. Includes 8 acres of walking trails and 7 acre future retirement resiidence lands. 3 separate deeds. Municipal water, sanitary, natural gas at lot line. Full project binder. Municipal boat slip agreement. Low total development charges ($4K / unit). Cooperative municipality. Within 1 KM of Hastings city core, Trent Hills. Project financing available. $2,450,000 Marc Ronan*** 1-888-936-4216. 1315_DJW_0042

Investment Opportunity! 30 acre future development land in Alliston across the road from new residential development. Level land with approx. 5200 sqft building with main floor previously used as veterinary clinic and on 2nd level updated apartment approx 2000 sqft plus in-law space. $1,800,000 Marc Ronan*** 1-888-936-4216.

84.4 acres abutting residential development in areas of fastest growing community. Surrounded by existing development with two road stubs to east on Municipal services. Flat, clear acreage minutes from Honda. Entirely maintenance free clean crop land. Zoned rural, in 2 deeds. Both deeds in land titles absolute. Perfect land banking opportunity. Earn solid crop related income while waiting for this parcel to mature to the development stage. $2,995,000 Marc Ronan*** 1-888-936-4216 1315_DJW_0044

For lease. 3 buildings approx. 12,800 sqft on 7 acres. High profile location on Hwy 9 at Orangeville. Highway commercial zone allowing many permitted uses. 2 buildings heated approx. 4800 sq.ft. each and quanset hut steel fabric building approx. 3200 sq. ft ample parking. Great exposure. $9,000/month, plus TMI. First and last months rent plus HST for deposit. $9,000 Marc Ronan*** 1-888-936-4216.

1315_DJW_0043

Please say you saw it in The Commercial Investor

1315_DJW_0045

Volume 15 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_1315

4114_DJW_0106

State of the art 8 Bay coin wash located in a busy, triple A Toronto location. Built in 2009. Land, building and business all included along with vending dispensers, change machines, security cameras in all the bays and thru-out the perimeter of property with internet accessibility from anywhere. Very little management required. Grounds and equipment maintenance and put cash in your pocket. Asking $2,999,000. Call for exclusive viewing. 4114_DJW_0105

Greater Toronto Area

4114_DJW_1_0141

6 Bay Coin Car Wash (2 Truck Bays), coin laundromat and automatic car wash all situated on approx. 3 acre of land to build more commercial buildings for more income. Great income producing business. Located North of Brampton. For exclusive viewing call now. 4114_DJW_2_0140

4114_DJW_2_0142

7 years old. Located just minutes from Mississauga in a highly populated and growing city. Nothing like it for sale. Call for private viewing. Will not last. Asking $2.6 million.

Principals Only

8 BAY COIN CAR WASH & PET WASH

3314_DJW_0143, 3314_DJW_0144, 3314_DJW_0145

4114_DJW_1_0037

URGENTLY Needed for anxious qualified buyer. High volume gas stations and High Volume coin Laundromat. Retail strip plazas. High volume car wash. SELLING!! CALL NOW FOR FREE CONSULTATION Please say you saw it in The Commercial Investor

e 03

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

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

For advertising

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

doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com

CENTRAL ONTARIO

48 inthenews

Commercial Real Estate & Business Opportunities

Volume 15 Issue 03

Financial volatility a natural consequence of monetary policy normalization, says Bank of Canada Governor Stephen S. Poloz

he recent rise in financial market volatility reflects a global economy that is beginning the process of getting back to normal, says Bank of Canada Governor Stephen S. Poloz.

In normal times, volatility happens and it must go somewhere, the Governor said, and it is the job of a central bank to keep that volatility from landing on economic growth and inflation. When shocks to the economy occur,“higher financial market volatility is a natural consequence, an integral part of the economy’s equilibration process,” he said.“Such financial volatility is neither inherently bad nor good.”

In a speech to the Canada-United Kingdom Chamber of Commerce said on March 26, 2015, Governor Poloz discussed the recent rise in financial market volatility and low long-term bond yields, and what they both might mean for central bank credibility.

The Bank will continue to follow policies necessary to ensure a timely return of inflation to its target, he said.“Ultimately, our credibility will hinge on how well we meet our mandate,” Governor Poloz said.“I’m confident that we will continue to get the job done.

The recovery from the Great Recession has been slow and uneven, and long-term interest rates are well below central banks’ inflation targets, the Governor said. Financial market volatility has increased broadly, as economies and policies diverge and the prospect of policy normalization becomes more real. The Governor noted that low long-term bond yields reflect a combination of a declining neutral interest rate and a lower term premium, the latter due to actions taken by central banks to foster stronger growth in pursuit of their inflation targets. Meanwhile, inflation expectations have remained solid in Canada and in many other jurisdictions. “As we have seen, well-anchored inflation expectations reflect the unwavering pursuit of our inflation goals,” the Governor said.“Measured in this way, it is clear to me that our credibility is intact.” Unconventional monetary policies, including quantitative easing and forward guidance used in the wake of the crisis, gave investors more certainty around the trading of certain assets and suppressed financial market volatility, with good results, Governor Poloz said. However, as the global recovery continues and central banks gradually return to more conventional policy making, greater financial market volatility is to be expected. Volatility “has begun to return closer to historical averages, not abnormal levels,” he said.

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048 news - financial volatility - BoC.indd 1

2015-03-26 12:24 PM

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Commercial Real Estate & Business Opportunities

Sales Representative bill-byers@coldwellbanker.ca

TEMISKAMING REALTY LTD.,

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

New Liskeard,

1315_DJW_0057

Northern Ontario

WATERFRONT 168 Acres with over 900 feet frontage on the Beautiful Montreal River at Elk Lake. Great spot to develop or build. Lovely views, close to town. Asking $179,900. MLS 122045.

COMMERCIAL/RESIDENTIAL 5 Units - 1 Com & 4 Res downtown New Liskeard. Always rented, long term tenants. Parking. Asking $319,900. Exclusive.

0915_DJW_0059

GORGEOUS WATERFRONT 142+ Acres surrounded by Crown land with year round road, hydro, & phone. Former hunting & fishing camp. Unorganized Township gives you unlimited uses. Miles of excellent boating, fishing, & hunting on the Montreal River. Asking $399,900. MLS 141712

RENT TO OWN Waterfront lots 2+ acres each on Long Lake, Charlton. Asking from $59,900 each. MLS 140274 & 132557

21 UNIT APARTMENT Renovated inside & out over the past few years. Great income with minimal expenses. Overlooking the Montreal river. Great wilderness area surrounded by excellent fishing & hunting in the gold mining town of Matachewan. Asking $289,900. MLS 150042.

E IC PR 0 W ,90 E N 299 $

4114_DJW_3_0142

BROKERAGE

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

Lifestyles Realty Ltd., Brokerage

Broker

Raymond Bumstead Broker

Direct:

Central Ontario

Barry Hamill

8313781_1315

Bill Byers

4114_DJW_4_0070

Direct:

519.373.2220

1525 16th St. E., Owen Sound, ON

519.372.0990

lifestyle@bmts.com

519.376.9478

www.os4sale.com

COMMERCIAL/RESIDENTIAL INCOME PROPERTY • • • • • • •

Historic Landmark! On Main Street Owen Sound, Ontario Fronts on MAIN STREET & SYDENHAM RIVER 5000 sq. ft. commercial space 10-1 bedroom & 2-2 bedroom apartments Shows excellent return on investment Building is sound and in excellent repair!

ASKING $749,500 4113_DJW_0026

Please say you saw it in The Commercial Investor

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Volume 15 Issue 03

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Vol

EASTERN ONTARIO

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

EASTERN ONTARIO SECTION

COVERING: Lindsay Peterborough Port Hope Bowmanville

Cobourg Trenton Belleville Kingston Northeastern Ontario

For advertising

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

doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com

Commercial Real Estate & Business Opportunities 10264_35

Dee Abrams

William G. Bird

Sales Representative

dee@remaxquinte.com abramsdee@yahoo.com

Cell: 613-847-5907

Quinte Ltd., Brokerage* * Each office Independently Owned & Operated

Office: 613-969-9907

TOWING & AUTOMOTIVE SERVICES

$1,446,000 1315_DJW_0035

Successful one-stop shop provides towing and automotive services conveniently located by Hwy 401 and close to downtown Trenton. Attractive income generating business in the Quinte area. Price includes over $500,000 of Chattels plus building and contracts.

williambird@cogeco.ca

Cell: 613-243-2767

FOR SALE - NAPANEE Scrap yard site located just off Hwy 401 on year round roads. Property is zoned correctly. Yard is five acres in size. Zoning General Industrial M2.

$449,000

Lot size: 5 acres approximately. Owned by the same family for a number of years.

0515_DJW_2_0032

RESTAURANT IN COBOURG

$175,000

Broker, CCIM CD

FOR LEASE & SALE

Cobourg Restaurant on Division St. All equipment is newly installed. Location is in a new building and features high visibility and heavy traffic flow. Additional income possible with full day service.

Attractive - Well maintained - Located on main traffic route. High profile - Ample parking - 1200 sq foot unit and 2400 sq feet units ready to go Units contains boardroom and kitchen Lease: $7.75/sq ft + T.M.I. ($5.50)

0515_DJW_1_0047

0515_DJW_1_0101

HIGH TRAFFIC UNITS FOR LEASE

BELLEVILLE DOWNTOWN BUSINESS

Large commercial/ retail space (1000+ft) available in busy plaza at a high traffic intersection in Belleville. 3 units for lease. $12.00 per sq ft. 0515_DJW_0058

$80,000

Long time eating establishment in downtown Belleville. Gathering to quick tasty meals for business and local traffic.

0515_DJW_1_0009

PRINCE EDWARD COUNTY Stellar location on the Bay of Quinte. You will treasure this prime 135 ft waterfront. The vaulted ceilings add character to this spacious home featuring 3 bedrooms 2 baths, inviting and sun filled living room, dining room and kitchen. Bonus 1bedroom in law suite.Too many great updates to list here so please call for info. 1315_DJW_0036

For Selling/Buying and Leasing of Commercial Real Estate in Eastern Ontario call Dee Abrams or Bill Bird at 613-969-9907 Please say you saw it in The Commercial Investor

10002624_1315

Eastern Ontario

Volume 15 Issue 03

52 inthenews

Commercial Real Estate & Business Opportunities

Volume 15 Issue 03

Global entrepreneurship survey reveals sustained small business growth Over half of nearly 6,000 entrepreneurs surveyed reported having created full-time jobs, increased profits and easier access to capital

he Global Entrepreneur Indicator, a bi-annual survey conducted by the Entrepreneurs’ Organization (EO), revealed the latest near-term economic findings from 5,868 business owners in 46 countries. When compared to year-over-year data from the 2014 GEI, which had 5,794 survey respondents, there is an uptick in new full-time employees, entrepreneurs’ willingness to start a new business and an upward trend in fiscal mobility. The survey also reveals positive entrepreneurship trends in the U.S., where nearly half of all survey respondents reside. In 2015, 2,500 U.S. entrepreneurs participated in the survey, versus 2,711 entrepreneurs in 2014. EO member businesses average US$52.3 million in annual revenue and 240 employees. Additional survey findings include:

reported increased revenue, in 2015, 67 per cent reported increased revenue, a minimal drop. In 2014, 84 per cent of entrepreneurs globally reported a willingness to start a business. In 2015, 90 per cent of entrepreneurs reported a willingness to start a business in the current economic environment. The Entrepreneurs’ Organization (EO) is a global, peer-to-peer network of more than 10,000 influential business owners in 144 chapters and 46 countries. Founded in 1987, EO is the catalyst that enables leading entrepreneurs to learn and grow, leading to greater success in business and beyond. For more information, visit www.eonetwork.org.

ENTREPRENEURS’ ORGANIZATION In 2014, while 55 per cent of global survey respondents reported hiring full-time (FT) employees, in 2015, 56 per cent of entrepreneurs reported FT hiring, a one point increase. In the next six months, 66 per cent of entrepreneurs predict increased FT hiring.

Blair Assaly, Global Chairman

To learn more about the survey, visit: www.eonetwork. org/global-entrepreneurindicator.

Globally in 2014, 33 per cent of survey participants reported increased access to capital, compared to 36 per cent in 2015. When gauging economic outlook, 83 per cent of entrepreneurs globally expect their country’s current economic environment to improve or stay the same. Regionally, South Asia (99 per cent), U.S. (93 per cent) and Europe/Middle East (78 per cent) lead all regions followed by Asia Pacific (73 per cent), Latin America/Caribbean (69 per cent) and Canada (60 per cent). In 2014, while 68 per cent of business owners worldwide

To view the original version on PR Newswire, visit:http:// www.prnewswire.com/ news-releases/globalentrepreneurship-surveyreveals-sustained-smallbusiness-growth-300055690. html Gilberto Crombe, Global Chairman-Elect

Please say you saw it in The Commercial Investor

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2015-03-26 12:25 PM

Vol

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities 8177055_1315

26 12:25 PM

ProAlliance Realty Brokerage

BRUCE COOKE BBA, CCIM, SIOR

MATTHEW COOKE B.COMM

Office: 613-966-6060 E-mail: bruce@cookeproperties.com

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

Commercial Sales Representative

Independently Owned & Operated

Sales Representative

matthew@cookeproperties.com

12 APARTMENTS $490,000 BELLEVILLE

18 x 4 Bdrm townhouse style apts. All apartments have separate meters for gas and hydro. Tenants are on leases and they pay all heat & hydro. Net Income $83,275. Located a short distance to the Famous Sand Banks Provincial Park and beaches. 1315_DJW_1_0097

1.75 Hrs East of Toronto, includes a main floor Restaurant. On site parking, Laundry facilities and local property manager, Separate hydro meters. 1315_DJW_1_0098

$389,000 25,000 SF RETAIL BUILDING

$395,000 7,305 SF BLDG ON 6 ACRE LOT

Post and beam construction located 1.5 hrs East of Toronto In Brighton, close to Lake Ontario and the tourist district in Apple country.

Great opportunity for development. Former Public school in Belleville currently used as a church. Serviced by well and septic. New heating system and many new windows.

1315_DJW_1_0100

1315_DJW_8003

Sean McKinney Broker of Record

Blair Assaly, Global Chairman

613-969-9907

Quinte Ltd.,Brokerage

www.remaxquinte.com

280-Unit Subdivision in East end Belleville. Combination of townhouse and single family lots. $4,900,000. MLS QR21500482

Beautiful 4 unit Multi-Family building located in the East end of Belleville. Close to all amenities. Multiple upgrades over the recent years including a new roof, furnace, HWT and appliances. Listed at $379,900. MLS 21407608. 1315_DJW_2_0088

21 ASHLEY ST Prime commercial location on Hwy #62. Market style building. Turnkey operation including all equipment. For sale at $549,000 or LEASE at $3,500/mth+++ MLS QR21501498

1315_DJW_1_0089

1315_DJW_0059

292-306 GLEN MILLER RD 3 residential buildings with 2 units on a 10.8 acre site. 292A is a 2,274 sq. ft. sidesplit with inlaw suite. 292 B&C is 1,636 sq.ft. 1 3/4 storey frame. 306 Glen Miller is 1,308 sq. ft. with 2 units (1 bdrm & 2 bdrm). For sale at $339,900. MLS QR21501537. 1315_DJW_2_0093

1315_DJW_0058

Independently Owned and Operated

1315_DJW_2_0091

8133527_1315

18 TOWNHOUSES $1,175,000 PICTON

DOG KENNEL BUSINESS OPPORTUNITY FOR SALE

15 OLD MADOC RD

Charming 3 bedroom farmhouse with approx. 49 acres. Many updates already done to the home. Large barn, fenced paddocks. Current owner recently added 20x40 dog kennel facility which is heated, insulated and provides water. There's a separate 30x60 fenced in and heated arena. Listed at $485,000. MLS QR21500521.

8.7 acres with main office and warehouse. Also includes mini storage with 10 units, 2 sea containers and 2-53' trailers on site. The site is currently approved for 76 additional units. Listed at $599,900. MLS QR21407662.

Prime location on North Front Street across from the Metro plaza. This vacant lot has great potential at a price of $197,900. MLS QR21405435

Great opportunity and location for a medical/dental office. Zoned C2-C3 which permits several commercial uses. Located on College Street at Heartwood Drive. Listed at $399,900. MLS 2143114

Please say you saw it in The Commercial Investor

Eastern Ontario

e 03

Vol

NIAGARA

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

Welland Fort Erie Beamsville Fonthill Port Colborne

For advertising

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

doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com

Volume 15 Issue 03

2/19/15

2:07:27 PM

Commercial Real Estate & Business Opportunities

11295048_1315

Niagara Peninsula

Keith Cumming HP(EJ).pdf

Please say you saw it in The Commercial Investor

56 inthenews

Commercial Real Estate & Business Opportunities

Volume 15 Issue 03

Tech surges as oil slumps;

Canada’s office market is caught in the middle

ech companies are the bright spot in an otherwise subdued office market. They are changing traditional office formats and garnering attention from the next generation of employees. While landlords are building 18.6 million sq. ft. of new office space to capture tenants looking to innovate and revitalize their workspace, overall demand for office space in Canada remains muted. CBRE Limited’s National Office and Industrial First Quarter 2015 Statistical Summary reflects a bifurcated office market which is facing additional fallout from low oil prices.

“On one hand, the construction cycle is being well received by tech companies and other forward-thinking businesses that are pursuing innovative workplace strategies and new space. On the other hand, economic and employment growth is relatively soft. We are not seeing widespread demand from traditional office users who are more likely to pursue real estate efficiencies than they are expansions,” said Paul Morassutti, Executive Managing Director for CBRE Limited.“It has always been difficult to speak about a homogenous office market, but that is even more the case right now.” In the first quarter of 2015, 1.1 million sq. ft. of downtown office space was back on the market across the country with no new office construction completions this quarter. Downtown Calgary accounted for 75.9 per cent of that space as capital spending cutbacks and job cuts by energy companies have directly impacted the demand for office space. Six of the 10 largest downtown office markets in Canada, including Calgary, posted higher office vacancy rates in the first quarter. As a result, the national downtown office vacancy rate rose 40 basis points (bps) quarter-over-quarter to 8.9 per cent. The average asking rental rate for Class A downtown office space in Canada dropped $0.12 per sq. ft. to $25.04 per sq. ft., mostly due to an 8.3 per cent drop in Calgary, where landlords are adjusting their expectations to new economic conditions. “We are nearly nine months into the decline in oil prices and the Calgary office market has responded as expected. Both sublet space and direct vacancy are on the rise, but have yet to reach levels recorded during the last drop in oil prices in 2008,”

said Ross Moore, CBRE’s Director of Research.“Commodity prices and an overriding sense of caution by business executives may be delaying real estate decisions, but where there is confidence, like in the tech sector, demand is strong and competition for both new and character-filled space is as strong as it’s ever been.” Tech companies are among the most active office users in many Canadian cities, including: • Vancouver where tech companies account for 42.0 per cent of tenants pursuing office space. • Toronto, where Amazon will be a key tenant in a new office tower and is relocating some of its existing suburban operations downtown. • Ottawa, where the office vacancy rate in the tech-heavy Kanata market has plunged 515 bps since the fourth quarter of 2013. • Montreal, where rents in the midtown market, which has growing appeal with the tech sector, are now on par with office space in the downtown core. “It is difficult to overstate the difference in demand between run-of-the-mill office space and older character space or next generation space found in newly constructed towers,” said Moore.“This is largely the result of progressive tenants treating office space as a competitive advantage, both as a branding exercise and a means to attract top talent. For these forwardlooking companies, rent and occupancy costs are rarely deciding factors in location decisions.” About CBRE Group, Inc.: CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is one of the world’s largest commercial real estate services and investment firms (in terms of 2014 revenue). The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. In Canada, CBRE Limited employs approximately 2,079 people in 21 locations from coast to coast. Please visit our www.cbre.ca.

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056 news - tech oil and office space.indd 1

2015-03-26 12:29 PM

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26 12:29 PM

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

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

www.dtz.com

905-354-7413

Gateway building for sale in the exciting Port Dalhousie area Turnkey restaurant on main floor with 4 room bed and breakfast on second floor. Overlooks the Harbour.

Corner building in downtown St. Catharines. 21,657 sq. ft. commercial building on 0.50 acres. Building potential for 6 units (currently 2 businesses operate the entire building). Ample on-site parking.

Greg Chew, Sales Representative Greg.chew@dtzbarnicke.com

Taylor Wilson, Broker of Record Taylor wilson@dtzbarnicke.com

920 NIAGARA STREET, WELLAND

16 DUFFERIN ST., FORT ERIE

1315_DJW_0064

161 CHURCH STREET, ST. CATHARINES

1315_DJW_0063

38 LAKEPORT ROAD, ST. CATHERINES

OFFERED AT $1,050,000

Two free standing buildings totalling 27,800 sq. ft. on 3.47 acres. 6,800 sq. ft. retail with 2 offices and storage area. 21,000 sq. ft. wood post and beam framed building with 2 large grade-level loading doors.

14 unit 2 storey walk-up apartment complex. Full basement with coin laundry. Very clean - New roof, eaves & downspouts. 7-2 bdrm, 5-1 bdrm & 2 bachelors.

Contact Greg Chew, Sales Representative greg.chew@dtzbarnicke.com

Contact Ralph Roselli, Sales Representative ralph.roselli@dtzbarnicke.com

OFFERED At $815,000

OFFERED At $1,250,000

13085 LUNDY'S LANE, THOROLD

11,200 sq. ft. industrial building - situated on 6.7 acres 19' 6" ceiling height, two 14 x 14 O.H. Doors. Adjacent residential included. Zoned HC/A.

OFFERED At $875,000 Mike Halliday, Sales Representative mike.halliday@dtzbarnicke.com

High profile corner site near Downtown 3 storey buillding with 3 separate residential units. OFFERED At $395,000 Contact Ralph Roselli, Sales Representative ralph.roselli@dtzbarnicke.com

217 KING STREET, ST. CATHARINES

1315_DJW_0069

1315_DJW_0068

1 WELLAND AVENUE, ST. CATHARINES

3,000 sq. ft. office/residential building. 1 -1 bedroom apartment with balance as office, on-site parking. OFFERED At $459,000 Contact Ralph Roselli, Sales Representative ralph.roselli@dtzbarnicke.com

BROKERAGE APPRAISALS MANAGEMENT

Connected Globally. Focused Locally. Please say you saw it in The Commercial Investor

9866060_1315

Niagara Peninsula

1315_DJW_0065

1315_DJW_0066

OFFERED at $1,650,000

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Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

ADAM DEARBORN Sales Representative

(905)

401-1331

www.RockAdvisors.ca | adearborn@rockadvisors.ca Twitter - @AptExpertHamNia APARTMENT BUILDING EXPERT - NIAGARA TO HAMILTON EXCLUSIVE LISTING 34 UNITS

SOLD IN 3 WEEKS

SOLD IN 4 WEEKS

Hamilton Mountain Location Concrete Building, 34 units, capital improvements have been done, large upside in the rents. Highly sought after rental area with rents well below market value.

8 units – Buyers are desperate for similar property in St.Catharines, call for a free opinion of value on your property.

12 UNITS $1,000,000 Exclusive Very well kept 12 unit building in central St. Catharines. 8 one bedrooms, 4 two bedrooms, fire retrofit recently completed.

Woodland Ave St.Catharines

9 UNITS $849,900

Valley Way Niagara Falls

12 UNITS $749,900

Concrete building, fire retrofit completed, 6 two bedrooms, 2 one bedrooms, 1 bachelor, numerous upgrades since 2012.

OFFICE BUILDING CONVERSION This office building has been gutted and is ready to be converted to residential. Approved for 103 suites, apartments, condos, student rental

First Avenue Niagara Falls Two neighbouring properties being sold together (8 unit & 4 unit buildings). Great value and return for your dollar with these properties. Cap rate 6.5%, $62K per unit. Separate hydro meters, updated boiler and shingles. 5 two bedrooms and 7 one bedroom units. Located across the street from a church and school.

East St. St.Catharines

7 units – Low interest rates mean buyers are willing to pay higher prices for your property. Properties in need of updating are in high demand! Call me today for a free evaluation.

Church St. St.Catharines

905-641-1110 Tony Tripodi cell: 289-241-6954 Garden City Realty Inc., Brokerage Independently Owned & Operated

Broker

tripodi@sympatico.ca

10331793_1315

Please visit www.RockAdvisors.ca for complete marketing and financial packages on each property

INDUSTRIAL * COMMERCIAL * INVESTMENT

SPACE FOR LEASE 0915_DJW_0076

THE DEAL OF THE YEAR

NIAGARA FALLS

Niagara Peninsula

Turn key restaurant and bar. Everything in place, just walk in and start making money. Downtown location in the proposed Niagara College expansion area. The reduced bargain price of $269,000. Includes land, building, chattels and equipment. Licensed including the patio for 275 seats. Opportunity of a lifetime. Call now!

St.Catharines, On. 155,000 SF building on 14 acres of land. Presently used as warehouse and solar panel energy system. Monthly rent for the next 9 years is $46,000+ (warehouse income) from the 11th to the 20th year will be yearly over $400,000. Net. Plus 120 unit self storage (not operated yet). 6 acres zoned for high rise apartment buildings. Asking only $3,900,000. Don’t miss this opportunity. Call today for more details

ST CATHARINES

0915_DJW_1_0128

NIAGARA FALLS

Space for lease in a very busy, centrally located plaza. Only 2,000 sq ft left at a very reasonable rate. Major tenants include large real estate office, (over 120 people) Shoppers Drug Mart, medical clinic, optometrist, physiotherapists and much more. Lots of free parking. Call now! 0915_DJW_1_0129

Please say you saw it in The Commercial Investor

Bakery and Cafeteria located in large retail plaza established business, with large sales amount. Long list of equipment. Selling due to health reason asking $595,000.

4514_DJW_0117

Vol

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

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

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

(905) 641-1110 • (905) 563-3330 Toll Free (866) 575-9400 8494906_1315 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES Solid block building of 6 Acres of approx 2600 sq ft & residential approx 1000 sq ft development land basement. New tar & in Jordan Station. gravel roof, 2 newer roof Surrounded by top heating/ca units. 32+ the Greenbelt, car parking, approved for v i n e y a r d s & a 2500 sq ft addition. 206 x 172 irr commercial lot orchards. All city approx 3/4 acre. great location! Tenant on 5 yr lease. services at the road! Only mins to the QEW & $749,800 all amenities. $3,500,000 Super exposure on Niagara`s wine route! Over 337` frontage on King St & 295` frontage on Durham Rd. One of the last large industrial/commercial parcels having 3.8 acres. Great investment for an automotive service station, car lot, public storage, retail manufacturing, office use, auction centre etc. Presently an auto garage. 50x50 block building w/4 bays, 2 bathrooms, approx $20,000/yr storage income. $999,800

Prestigious Jordan, 2.46 acre development land in the urban boundary. Zoned residential development. Mixed use commercial & residential designation in official plan. Existing home & barn on site. Next door to Phelps homes town home development on the wine route. Great investment! Surrounded by the Greenbelt & walking distance to all amenities. City services. $999,800

A rare offering in the Niagara Peninsula wine country!! 90 acre vineyard. True bench land located in the 20 Mile bench sub appellation. Excellent location for a winery site just off Reg Rd 81 wine route + only minutes off the QEW. Approx 51 acres have producing vines of cab franc, cab sauv, baco, vidal & riesling. Another 27 acres are tile drained & ready for planting, offering your choice of new varietals to be planted! Approx 5 acres of bush & another 5 of headlands. This parcel also has a modest 2 bedroom bungalow & large outbuilding 40x32'. 200 amps. A 5yr contract could be put in place for the purchase of all the grapes harvested off this vineyard if the buyer so desires. This one of a kind vineyard consists of 4 merged parcels. $1,980,000

SPECIALIZING IN FARMS, AGRICULTURE, GREENHOUSES, ETC.. IN THE NIAGARA REGION! XALLENT SERVICE = XALLENT RESULTS

11295923_1315

Allan Lent Sales Representative

Laurie Lent Unlicensed Assistant

TODAY REALTY LTD. Brokerage

905-371-5368(LENT) DIRECT

8123 Lundy's Lane Niagara Falls, ON L2J 1H3

allan.lent@century 21.ca www.allanlent.com

GREAT MULTI-OFFICE LOCATION

DEVELOPERS TAKE NOTE SUPER MULTI-LEVEL POTENTIAL

Excellent property with panoramic views of Niagara River in great high traffic location along FORT ERIE'S Niagara Blvd. Well maintained professionally renovated 13 yrs. ago increasing size for multi-office business. Gleaming hardwood floors, full kitchen, large executive office w/private bath, park-like rear yard with parking for 8 cars. NOTE: existing business not for sale - building & land only.

High traffic corner location in FORT ERIE Gateway only minutes from Peace Bridge International border crossing & Niagara River/Fort Erie lakefront. Many commercial uses - service, retail, office, brokerage, clinic, restaurant, spa, etc. (zoning document & uses available). Building on property is former restaurant.

www.177niagarablvd.com ASKING $385,000

1315_DJW_0060

www.7centralavenue.com ASKING $399,900

Please say you saw it in The Commercial Investor

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Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

Greg Howe Sales Representative

11277217_1315

RE PR DU ICE CE D

GREAT INVESTMENT/DEVELOPMENT LAND

905-935-6838 gamhowe@sympatico.ca Niagara Region 905-358-9800 | 1-877-357-7346

1315_DJW_1_5333

B U YE

R S

O N LY

$2,500,000, NIAGARA FALLS - EXCLUSIVE LISTING

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

O N

$420,000 EXCLUSIVE LISTING

B U

RICHARD M. OSWALD

1315_DJW_1_0001

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

Newly remodelled 53 room "L" shaped motel with exterior entrance, consisting of 12 family suites, 8 jacuzzi suites, and 33 singles. Outdoor pool, 60 parking spaces, located in the heart of tourist area. Adjoining motel franchise next store also available for sale.

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

Niagara Real Estate Centre Inc., BROKERAGE

INDEPENDENTLY OWNED & OPERATED

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

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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.

11282058_1315

Frank Franze

905-356-9600 1-877-219-9600

BA, MBA, FRI Broker

Niagara Realty Ltd., Brokerage

Fax: 905-374-0241 dfranze@yahoo.com

Niagara Peninsula

1315_DJW_0051

Independently Owned and Operated 11009634_1315

SUB SHOP FOR SALE FORT ERIE

INVESTMENT PROPERTY

5627 Main Street, Niagara Falls

• Niagara Falls Tourism District, 5 minute walk to Clifton Hill. • 3 year commercial lease renewal-unit, main floor, double net, rent @ $51,120. • 4 apartments gross rents (pay own hydro) @ $38,000 for a total of $89,120. • Net income of $69,000 @ 8.6% cap rate return. • Seller will consider holding a mortgage.

STRIP PLAZA FOR LEASE/SALE ST CATHARINES

0 1315_DJW_0052

COMMERCIAL PROPERTY FOR LEASE PORT COLBORNE

• Garrison Subs, Steaks & Burgers, gyros, souvlaki & pita wraps. • Over $50,000 in furniture, equipment, sign & lease hold improvements. • Sales over $350,000 (based on less than full hours opened). • Low inventory of supplies $6500, turn weekly. Call Frank Franze, MBA, FRI, Broker or Kathy Tsiantoulas, Sales Representative for more details.

NIAGARA FALLS - RESTAURANT FOR SALE

,0 00

0 5,

8 $1

,3 $2 • For sale - Asking $2,300,000. • Building 17,342 sq ft • Projected triple net income 2015 $226,722 / Leasing @ $11.00/sq ft. • Tenants pay all cam charges $5.95/sq ft. income/sq ft triple net $13.07 • Cap rate 9.45% • Building near QEW

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• Former Avondale store built in 1982. • 9 foot ceilings. • Solid stone/block construction zoned neighbourhood commercial. • Min 500 sq ft to full 2640 sq ft single tenant. (14 parking spots) • A few blocks from hospital and Sugarloaf Marina. • Asking $15.00 Sq Ft. 1315_DJW_1_0072

Please say you saw it in The Commercial Investor

• Sushi - All you can eat concept located Highway #20, Lundy’s Lane. • Main tourist route opposite Canada One Outlet Mall, near new housing site. • Equipment & chattels on Dec 31, 2013 $110,470. • Liquor license for 78 seating. • Sales averaging $57,000/month with a gross profit of 68% • Excellent lease in place with five year option. • Loyal local resident client base with online ordering from 300 plus customer/member - check website www.suki-tei.com. Excellent profit. • For financials & details & inspection call me. 1315_DJW_2_0070

e 03

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

INVESTORS

The perfect place to list all of your businesses opportunities

For advertising

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

doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com

BUSINESS INVESTORS

BUSINESS

Commercial Real Estate & Business Opportunities

Volume 15 Issue 03

Business Investor

9649286_1315

Please say you saw it in The Commercial Investor

Vol

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

Mortgages

article series from Pro Funds Mortgages

#12051

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

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

Please note, ﬁrst mortgage rates for a private loan average from 7-10% annually, second mortgage rates average from 10-15% annually. We can obtain up to 90% of the value of the property on approved credit. On average this is on higher side, however has been funded. Lender fee and broker fee will also apply. Private money will fund land, gas stations, vacant properties, distressed properties, construction, and development amongst many others. If you are looking to buy a property and are hitting a wall with your funding, contact info@profunds.ca or reach us toll free at 1-888-330-3866 and we can perform an assessment on your deal today!

Carmen Campagnaro President Pro Funds Mortgages Inc.

9286_1315

11289457_1315

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

Please say you saw it in The Commercial Investor

Business Investor

e 03

Volume 15 Issue 03

Commercial Real Estate & Business Opportunities

R DE UN FFER O

DISTRIBUTOR OF MEDICAL PRODUCTS

W ITY NE TUN R PO

POOL & SPA EQUIPMENT SUPPLIER

Located in the GTA and operating over 20 years, the Company wholesales medical products that are directed toward Home Health Care, Pharmacy, Orthotic and Prosthetic, and Podiatry markets. Revenues are in the $2 million range and earnings in the $300K range.

Operating in the GTA over 45 years the company wholesales proprietary branded chemicals blended in-house and patented chemicals manufactured by exclusive suppliers.

NDT PROVIDER

PLUMBING SERVICES COMPANY

High profile customer base and four employees generate sales $1.1 million with earnings in the $200K range.

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.

Company operating in the GTA and specializing in all areas of plumbing – commercial, industrial, residential, service, installation and 24/7 emergency response. Well trained – 7 FT non-union employees and strong account base generate revenues in the $1.7 M range and earnings in the $450 K range.

ENGINEERING CONSULTING

R DE UN FFER O

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.

MANUFACTURER OF AUTOMATION EQUIPMENT FOR FOOD INDUSTRY

Business Investor

Located in Southwestern Ontario the company provides advanced and robotic systems for poultry, beef, pork, cheese, sliced meats, readymade foods, and industrial washing systems for all segments of the food industry. Revenues in the $6 million range and earnings in the $900K range.

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.

The Company is a premier manufacturer of kitchen and bath cabinetry. Operating over 20 years the Company serves residential developers and retail customers along with commercial clients in its surrounding area. The Company derives half of all revenue from first time buyers. Revenues are in the $2.5 M range and earnings in the $550 K range.

OFFICE MAINTENANCE COMPANY

R DE UN FFER O

LIFT TRUCKS AND HANDLING EQUIPMENT

The company sells, rents and services handling and racking equipment serving the farm and construction industry. Located one hour west of GTA with over 500 accounts, Company generates revenues over $4 million and earnings in the $450K range.

R DE UN FFER O

ATLANTIC PROVINCES MANUFACTURER OF KITCHEN CABINETS

W ITY NE TUN OR PP

Business has been in operation for 10 years generating $1 Million in revenues with 7 FT & 73 PT employees. Located in Southern Ontario - one hour out of GTA.

MFG. TOPICAL MEDICAL PRODUCTS

Company manufactures niche topical medical products considered Class II medical devices in the US and Class I in Canada. And a range of topical personal care products. Located in the GTA with 8 FT, the business generates $2.5 M in revenues and earnings in the $450K range.

R DE UN FFER O

CNC MILLING AND TOOL FABRICATION

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_1315

Mazhar Roshan Sales Representative

Direct

905.318.3800 24 Hr. Pager 647.609.9463 GTA Direct mazharroshan@sympatico.ca PLAZA FOR SALE - $1,485,000

Rare find Commercial Plaza with anchor tenant. Net income is 104K, offered at 7% cap rate. 1315_DJW_1_0085

BROKERAGE

I have qualified buyers for up to $5m in commercial and investment buyers. Call for details. 8148414_1315

905.929.9800

HomeLife Results Realty Inc.

PRIME LOCATION - $1,099,000

FOR LEASE BRANTFORD

On Upper James & corner of Airport Road. Over an acre of land. Property has 2 houses both rented for 1100 + 1000 and tenants pay utilities mixed use property with H-C3 zoning. Lots of future development potential. Buyer to do their own due diligence. 1315_DJW_2_0084

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. 1315_DJW_1_6668

DESIRABLE ANCASTER LOCATION

LARGE COMMERCIAL BUILDING - $114,900

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.

6500 sq ft located in Town of Inwood on 3 roads, 15 minutes from Hwy 402, located between London, Sarnia & Chatham. Industrial manufacturing, storage, warehouse, auto repair, auto body & fender shop, paint booths installed. Also available next door property business equipment, shower stalls, drain, stamping machines & all equipment & tools for fibregass stamping can be bought separately. 1315_DJW_1_0023

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MOTEL FOR SALE - $579,000

UPPER JAMES HAMILTON - $949, 000

Heart of the Ancaster Meadowlands, long established Quiznoâ€™s sub doing over 400K in yearly sales. Good for family operation.

Ideal property to live in and run your own business. 9 room motel with a 2 bedroom separate house, no vacancy in motel for 2014, fully rented to long term clients. AAA location close to hwys. New septic bed installed in 2014, located beside Tim Hortons & Price Chopper. 1315_DJW_1_0068

Mixed use property located on Upper James with M5 commercial zoning over one acre of land with 4 bed 3 bath home, all hardwood floors, new roof 09, furnace 13,AC 14, newer windows, door and kitchen, city water and sewer, newly updated (2009) commercial portion with 3 offices, 2 pc bath and 1000 sq ft. heated insulated workshop with water, gas and hydro in place, leased for 2200, has 30 parking spots, 24 hours notice for showing, RSA, call for more details. 1315_DJW_3_0020

BURLINGTON - $49,900

WILSON STREET, ANCASTER - $99,900

BAR AND EATERY - $129,900

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.

Location Location Location... In a plaza with Esso Gas Station. Fully equipped, fully oprational, 2 bay garage business. Short hours, good return, low rent, long lease, hwy location, close to Ancaster Village, Walmart, Ancaster Toyota & business park, call for more details. 1315_DJW_1_0033

Located in Stoney Creek, doing over 10K per week, full equipped and licenced for 110 person, this is a turn key operation. Great for family business. Owner absentee operation. Just buy it and start making money, long lease, reasonable rent. 1315_DJW_2_0026

BUSINESS FOR SALE - $44,900

LAND FOR SALE

R $1 EDU 79 CE ,9 D 00

ANCASTER - $219,900

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ND SOL IT D IO NA

FOR SALE - HAMILTON

Long established dollar store located on a very busy street in plaza location, doing around 400K yearly, sales with good margin of profit, reasonable rent and long lease available. Asking $59, 900 1315_DJW_1_0015

Long established Pizza store, surrounded by high rise buildings, very low rent and long lease, owner selling due to health reasons, good for family operation. Purchase an established business for less than start up costs.

1315_DJW_1_0027

LO ONL TS Y 3 LE FT

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.availability of permits, levies & dev charges.availability of permits, levies & dev charges. 1315_DJW_1_0064

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legallyspeaking

Rental Applications -

When can Landlords retain deposits? By Jayson Schwarz and Konstantine Chatzidimos

f you are reading this article you may currently own or may be considering acquiring a residential investment property. Ownership of such properties typically involves the vetting of prospective tenancy candidates via a rental application process followed by the negotiation of a formal lease. This article discusses a recent decision of the Ontario Court of Appeal which explored the meaning of the term ‘rent deposit’. The court’s decision may surprise you. Musilla v. Avcan Management Inc. In this case Sarah Musilla filled out a rental application form for a one-year tenancy and provided it to the landlord along with the required deposit cheque equivalent to one month’s rent. Six weeks before the tenancy was to have commenced, she backed out of the agreement and refused to sign the lease as contemplated in the rental application. She never took possession of the property. Ms. Musilla then sued to get her deposit back. This would seem like an easy one for the Landlord ,but not so.

At the Landlord and Tenant Board (the “Board”) and the Ontario Divisional Court Ms. Musilla relied on subsection 107(1) of the Residential Tenancies Act (“RTA”) which states that a landlord “…shall repay the amount received as a rent deposit in respect of a rental unit if vacant possession of the unit is not given to the prospective tenant.” Ms. Musilla argued that she was entitled to a refund because she had not taken possession of the unit – regardless of the reason why. The Board and Divisional Court disagreed and held that tenants cannot unilaterally terminate tenancies prior to taking possession and then claim the deposit back. It makes sense for the Landlord to keep the deposit ... Well, not for Ms. Musilla who appealed to the Ontario Court of Appeal. The Court considered whether the deposit provided by Ms. Musilla actually represented a “security deposit”. The Court reasoned that the rental application signed by Ms. Musilla was not a lease; this was confirmed by the wording on the very application form which contemplated that an accepted

prospective tenant would execute a formal lease prior to moving in. Moreover, the RTA states that payment of last month’s rent is the only circumstance where a landlord can retain a “security deposit”. As such, the deposit provided by Ms. Musilla with her rental application did not constitute a “security deposit” as there was no tenancy established at that point given no lease was signed. The result in this case was that Avcan Management Inc. was not authorized under the RTA to keep Ms. Musilla’s money for her failure to enter into the lease. Conclusion Rental application forms such as the one considered in this case are commonly used by landlords as a way of vetting potential tenants; deposit cheques are typically provided with such applications. As you can appreciate, the Court’s recent decision in this matter has potential to create problems visà-vis this established practice. Deposits are required so as to establish that prospective tenants are serious in applying to rent a unit as well as to incentivize landlords into holding the desired units. It will be interesting to see how this decision affects matters going forward. If you are a prospective residential landlord, it may not be a bad idea to have your rental application form reviewed by a lawyer experienced in this field as it seems that the Court’s decision applies only to situations where it is unclear whether a deposit may be returned if a lease is not entered into. Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the web site (www.schwarzlaw.ca), email (kchatz@schwarzlaw.ca), or phone us at 888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.

Jayson Schwarz LL.M is a Toronto business lawyer and senior partner in the law firm Schwarz Law LLP. Konstantine Chatzidimos is a Toronto business lawyer and associate in the firm.

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SPOTLIGHT SECTION NICK GEWARGES BA | MBA | PMP | Sales Representative

Direct: (905) 330-7376 Office: (905) 637-1700 Web: www.InvestInRealty.ca

1,500 sqf of fully finished office space. Ample exposure off mainway as well as Walker's Line. Gel zoning allows for a large variety business operations (plenty of opportunity here). The unit consists of 2 washrooms, a receptionist area, 4 private offices, a very large open area perfect for showroom/retail/or more office space if required. The interior is fully finished with ceramic tiles, drywall, trim, flourescent and track lighting. There is also the added bonus of a large storage area above accessible by stairs. The rear garage/dock has been finished from the interior but can easily be converted back to a usable dock if required. H3152004, W3140126.

ATTENTION INVESTORS & DEVELOPERS!! LIST PRICE $10,000,000

Brokerage

Independently Owned & Operated

Eugene Dignum

Stephen Dignum

Sales Representative

Broker

Prime opportunity to develop for Estate Lots in prestigious Palgrave Community in Caledon. Services available at the lot line....Gas and Water. Adjacent to existing development. Easy access to Hwy 9 and Hwy 50. Great for commuting to Toronto via 400/404/410.

1315_DJW_2_0012

1315_DJW_3_0032

$1,499,900

1.866.297.3948

Find Any Kind of Business ON YOUR MOBILE DEVICE 30,000+ LISTINGS 75% EXCLUSIVE (50 - 150 NEW LISTINGS DAILY)

32 ACRES FOR ESTATE LOTS!

Corner parcel, borders the Mayfield West Plan area. Not in Greenbelt. Great opportunity to invest. Located within Alloa Group Plan slated for future development. Approx. 97 acres.

11277268_1315

Exit Realty Hare (Peel)

www.eugenedignum.com

1,400+ BUSINESSES FOR SALE 400+ BUYERS 30,000+ Haves & Wants of www.iciworld.com OR www.iciworld.mobi FOR ALL MOBILE DEVICES

INDUSTRIAL, COMMERCIAL, RESIDENTIAL & INVESTMENT REAL ESTATE AS WELL AS BUSINESS OPPORTUNITIES

The Market ICI World Real Estate Network 131 Bloor St. W., Suite 200 Toronto, ON, Canada M5S 1R8

“IT’S INFORMATION AT YOUR FINGER TIPS”

$895,000 Land Exchange Ltd. Brokerage

Fiona Wilson & Russ Coultrup Sales Representative

Tel: 519-396-8444 THE COMMERCIAL INVESTOR SPOTLIGHT

Bus.

416-840-6227 1-877-272-1721 FOR SALE IN KINCARDINE (ON LAKE HURON AND CLOSE TO BRUCE POWER) ENJOYING PRIME DOWNTOWN LOCATION: Well established and with close to a million dollars in gross sales (and only being open 5 days a week). Successful turnkey restaurant/ sports bar/banquet facility. Owner retiring after 35 years. Price includes almost an acre of land, buildings and business; also prime development property

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App Store

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COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!

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2015-03-24 2:13 PM

inthenews

Ontario’s economy to top Canada’s provincial growth rankings in 2015: RBC ECONOMICS

ntario is expected to top provincial economic growth rankings in 2015, something that has not happened since 2000, according to the latest RBC Economics Provincial Outlook released recently. RBC forecasts real GDP growth for the province to accelerate from an estimated 2.5 per cent in 2014 to a five-year-best rate of 3.3 per cent in 2015, before easing modestly in 2016 to 2.7 per cent. These forecasted rates represent upward revisions from the numbers published in the December report - 3.1 per cent for 2015 and 2.3 per cent for 2016. RBC notes that economic developments over the past several months have been overwhelmingly favourable for Ontario’s economy.

“The plunge in oil prices, sliding value of the Canadian dollar, surprise interest rate cut by the Bank of Canada and mounting evidence of the U.S. economy hitting its stride – these factors should all boost growth in Ontario,” said Craig Wright, senior vice-president and chief economist, RBC.“The positive effects from the drop in oil prices and related developments will coalesce at a time when the provincial economy is already displaying rising momentum.” In 2014, there was clear evidence that activity picked up, particularly in the trade sector where merchandise exports grew by an 8.0 per cent in nominal terms. Also encouraging, nearly all major export categories recorded gains, including consumer goods (up 14.4 per cent) and motor vehicles and parts (up 8.5 per cent). Despite a weak start to the year because of poor weather, housing was another sector that showed surprising strength in 2014. Early signs suggest that home resale activity started 2015 on strong footing. RBC says consumer spending is also off to a solid start, with motor vehicle sales building on an 11.5 per cent surge recorded last year. Lower oil prices and a sharply weaker dollar will further energize external trade and the consumer sector in 2015. “We anticipate that Ontario’s exports will continue to make headway into the U.S. market and lower gasoline prices will put more spendable money in the pockets of consumers,” said Wright.“Low interest rates and a growing economy will also maintain a positive backdrop for the housing market, and we expect further increases in home resales and housing construction this year.” One sector still underperforming last year was non-residential investment, where capital expenditures by businesses remained quite stagnant despite an increase in machinery and equipment purchases. The combination of relatively weak capital

spending over the past many years and closures of productive capacity in the province’s manufacturing sector raised concerns about Ontario’s businesses’ ability to capitalize on opportunities, at home and abroad, and, therefore, Ontario economy’s ability to grow. RBC says that, with exception of the auto sector, there remains sufficient spare capacity in Ontario’s economy to accommodate a spurt in growth of the order of 3.3 per cent in 2015 and 2.7 in 2016. “Any capacity constraint is unlikely to be a severe issue at this stage and, if anything, the emergence of capacity related pressures should encourage firms to invest in the province,” added Wright. The RBC Economics Provincial Outlook assesses the provinces according to economic growth, employment growth, unemployment rates, retail sales, housing starts and consumer price indices. The full report and provincial details are available online at rbc.com/economics/economicreports/provincial-economic-forecasts.html.

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The next dinner meeting is May 13th, 2015

How to register: Contact info@hamiltonapartmentassociation.ca

TIME: 6:00 - Check in / registration 6:30 - Dinner (followed by coffee & tea) 7:30 - Presentation starts

The HDAA has a strict 48 hour cancellation policy. If you do not cancel your registration within this time, we may hold you financially responsible for the costs. Email and online registrations must be confirmed to be valid. The registration deadline for dinner is May 11th, 2015 at 12:00 pm. If you are only coming for the presentation please let us know. Payment must be made at the dinner. Cash or Cheque only.

RATES: (dinner & presentation) MEMBERS - $30 (presentation FREE) NON-MEMBERS - $50 (if non-members wish to only come to the presentation, the fee for that is $10, coffee and tea included)

11294187_1315

LOCATION: Waterfront Center 555 Bay St. North, Hamilton, ON

Ontarioâ€™s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate

FOR ADVERTISING CALL

DOREEN WILLS 905.570.9283 â€˘ 1.800.268.0077 Doreen.Wills@ypnexthome.ca 16G COM

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COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_1315

Bill Bradley

Sales Representative

Independently Owned & Operated

Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866

416.258.6866 exitwithbill@gmail.com

PARADISE IN GRENADA

Certificate of Excellence 2013 & 2014 Winner

Jennyâ€™s Place

4114_DJW_1_0067

One of the best 10 Carribean hideaways to spend your holidays on a beautiful sandy beach. Called Grand Anse Beach with The Edge Bar & restaurant for your Enjoyment at discount prices. $175.00 per night. Special on longer stays.

EXCELLENT INVESTMENT. $2,400,000.

GORGEOUS RETIREMENT HOME Lovely 41 unit Home with full attendance and showing approx. 10.0% CAP return on your money. Buyers Only Please. Call Bill Bradley.

$3,400,000 4914_DJW_0051

Strip plazas available in the Province of Ontario, from $1,000,000 to $15,000,000. Call Bill Bradley IF you are interested in buying one or two (BUYERS ONLY) 17G COM

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2015-03-24 1:44 PM

Industrial Investment Opportunity 1129 Vanier Road, Sarnia, ON

• Total Building Size - 13,600 Sq. Ft. • Lot Size - 0.94 Acres • 100% Leased to two Tenants • $86,600 Net Net Net income SEALED BID DATE: APRIL 15, 2015 www.cbremarketplace.com/1129Vanier/ Randy Fisher Broker Vice President D 519 286 2009 C 519 872 3494 randy.fisher@cbre.com

Another project by:

Larin Shouldice Sales Representative Senior Sales Associate D 519 286 2019 C 519 851 7654 larin.shouldice@cbre.com

11295833_1315

FOR MORE INFORMATION PLEASE CONTACT:

www.cbre.ca

CBRE Limited, Real Estate Brokerage

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Commercial Team In Canada! *

+ **

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

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

TORONTO EAST APARTMENT BUILDING VE

U CL

Prime Danforth & Vic Park commercial building! 1,888 Sq. Ft. w/ Retail & Office spaces. Close to subway with excellent Danforth exposure! Same owners since 1983! Current main flr chiropractic clinic and 2nd floor office! Amazing opportunity for owner/user. $688,000. 0915_DJW_1_0082

TORONTO WEST APARTMENT BUILDING

Prime 10 story, over 100 unit apartment building in excellent Toronto East location! Excellent investment! SItting on over one acre, low maintenance investment opportunity! $11,750,000. 0915_DJW_2_0080

PRIME AUTO LOCATION

MISSISSAUGA AUTO UNIT & BUSINESS

Stunning 3383 Sq. Ft. office space! Modern class ‘A’ office building. Prime ‘Shops At Don Mills’ location! Current medical office w/superb leaseholds! Can be used for any professional use; tons of windows/great views! $18.95/Sq Ft. Net 0915_DJW_1_0080

Turn-key 4,354 sq. ft. automotvie operation in modern high traffic Mississauga Plaza! Previous Goodyear location at busy Dundas/Mavis intersection. Beautiful exterior w/ amazing street exposure! Large reception/sales area, huge garage w/ 19+ft ceilings, large mezzanine, 3 front bay doors & 3 rear bay doors! $23.50/sq. ft. net. 0915_DJW_2_0075

Automotive commercial condo unit, business & equipment for sale near Derry & Tomken. 15 allocated parking spots. 4 drive-in doors with 1 oversized. Close to Hwys 410, 401 & 407. Contact Kristyn Cruz at 905-477-0011. 0915_DJW_2_0104

INDUSTRIAL LEASE SPACE

TORONTO - OFFICE/ RETAIL SPACE

WORLDWIDE TROPHY ASSETS!

U CL

A IP

Prime Markham corner lot! 3.37 acres with residential & commercial coning! Huge ravine property with historic home circa 1835 and detached 6 car tandem garage! Run your business, live and/or develop later! $1,690,000 0915_DJW_0071

OFFICE SPACE DON MILLS/ LAWRENCE

U CL

S AL IP

0915_DJW_1_0075

VIC PARK/DANFORTH SUBWAY RETAIL/OFFICE BUILDING

PRIME MARKHAM CORNER COMM/RES

Great Warden/Lawrence industrial lease space. Two units available one approx. 6,000 sq. ft. and another approx. 3000 sq. ft. Excellent street exposure, plenty of truck level doors. Call for pricing. 0915_DJW_2_0076

Excellent 1127 square foot office/ retail space at Lawrence/Warden! Spacious unit with bathroom, drop ceiling in newly modernized plaza! $14.95/SF Net. 0915_DJW_1_0076

• Downtown Manhattan skyscraper! Both comm & retail space: $975M • Las Vegas, NV casino! 21 floors on approx. 37 acres: $475M • Brooklyn Hotel, popular hotel chain, over 320 rms: $169M • Las Vegas, NV hotel/casino over 3,800 rms, 80% complete: $470M • NY city hotel, 140 rms, 3 star asset, approx. 5% CAP: $103M PRINCIPALS ONLY

11286152_1315

YONGE/SHEPPARD OFFICE SPACE

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

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

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