Commercial Investor - 26 Apr., 2014

Apr 26 - May 24, 2014 Volume 14 Issue 04

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa!

Unique Investment Opportunity!!!

Guelph - 16 Apartments Suites - $1,6000,000

Single KEY tenant: “Ontario Provincial Police�. Chatsworth, Ontario. Long term leases. Gross rental income of $278,217.42 per year. Asking Price: $2,250,000 Guy Scheiner, Sales Representative Sutton Group - Admiral Realty Inc., Brokerage Call (416) 616-2466 between 7:00am-4:00pm only.

Please email listing agent at: guyscheiner@yahoo.com

2 - side-by-side 8-suite apartment buildings, white brick with pitched asphalt shingled roofs, featuring: 7 - 2-bedroom and 1 - 1 bedroom Suites in each building. Both buildings have gas hot-water heating, separate hydro meters (Tenants pay own hydro, except 1-bedroom suites). Terrazzo flooring in hallways and staircases. Controlled entry. Ample parking. MLS Listing.; For marketing brochure contact: Winston Davies, Broker of Record, WinCorp Realty Inc., Real Estate Brokerage, 45 Keats Crescent, Guelph, Ontario N1G 3B1 Tel: 519-836-2080 Fax: 519-836-2081 Email: wjmdavies@rogers.com

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Plaza for sale - Hamilton, Ontario $4,200,000

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For Sale or Lease. Built in 2007 & never used! 3600 sq. ft. Building - Bay 1 - 75,000 BMF Kiln installed / Bay 2 - storage or ready for second kiln.

Centrally located in Southern Ontario, close to suppliers and markets John Whittaker, Broker Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage Cell: 905.867.1033 Direct: 289.291.5074 jwhittaker@cbci.ca

FREE SUBSCRIPTION!

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John Paisley, Broker Midevco Commercial Realty Corporation, Brokerage 4031 Fairview St., Suite 204 Burlington, ON L7L 2A4 905-639-7426 john@midevco.com www.Midevco.com

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

FC_1714 (COM)

Industrial Hardwood Kiln Facility

COMMERCIAL OPPORTUNITIES NEW LISTING

NEWLY LISTED - FOR SALE

FOR LEASE

SPACE FOR LEASE. Prime space available, Situated on a busy corner in North West Oshawa.

Anchored by National Bank, along with a great mix of other tenants.

Space available from 1700 sqft. to 4300 sqft. In the middle of a large residential area with high traffic counts. Call agent for detail.

“ATTENTION INVESTORS AND/OR END USERS! Prime corner investment property with existing multi unit 3000 sqft. commercial plaza (divisible).

Adjacent to busy gas bar and c-store.

Situated at the corner of Tuxedo and Main Street. Many possibilities! Call Listing Agent for Details! 1714_DJW_1_0029

Over 3000 sqft. of retail/office space in prime location in Beamsville at main signalized intersection along the wine route with easy access to QEW corridor.

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$689,000 in Hamilton

$16 PER SQFT PLUS $4 TMI/CAM

HomeLife Macro Realty Inc., Brokerage

Independently Owned & Operated

HOMELIFE MACRO

Higher Standards Agents... Higher Results!™

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“FOR LEASE”

PRICE REDUCED - FOR SALE

Units for lease in brand new 3 storey building in Binbrook. Main floor and lower level, up to 15,000 sqft. available and can be divisible down to 800 sqft.

Plenty of parking and high visibility on a major road, near school and shopping on a hard corner. Open your business here or relocate for better1714_DJW_2_0028 exposure.

Location, Location, Location! 2000 sq ft Commercial Bldg situated on busy retail corridor adjacent to new Juravinski Hospital, Tim Hortons, RBC plus so much more. Public prkg out front, 3 private prkg spots at rear of bldg & public transport stop at street. Ideal for end user or investor. Many improvements.

Call LA for more info.

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$15 PER SQ FT PLUS $9 TMI/CAM

$374,900 IN HAMILTON

FRANCHISES AVAILABLE

COMMERCIAL RETAIL/OFFICE CONDOMINIUM OPPORTUNITY Situated along QEW corridor in Grimsby at Casablanca Blvd.

1100 sq./ft. Units starting at $264,900.

Larger units available!

Ideal for investors or end user.

Surrounded by high density residential development with direct exposure to QEW and major anchors. 1714_DJW_2_0044

Nicholas Kazan, Broker

|

Nicolas von Bredow, Broker

905.574.3038

1.888.751.2229 www.HLCommercial.ca

SOUTHWESTERN ONTARIO INVESTMENT TEAM

SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities 36-38 Water Street

Vacant Commercial Sites

Cambridge, ON

Exceptional rental property on the Grand River 8 residential units and 2 commercial units Asking $1,199,000 Dietmar Sommerfeld** 519 340 2314 dietmar.sommerfeld@cbre.com

London, ON

Martin Cote* Joe Benninger* CCIM 519 340 2317 519 340 2323 martin.cote@cbre.com joe.benninger@cbre.com

23,247 SF Single Tenant Office Space Windsor, ON

Guelph, ON

Tenants include McDonalds, Crabby Joe’s and numerous government offices Additional development potential up to 40,000 SF Offering Price: $18,900,000

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

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

944 Leathorne Street London, ON

Kitchener, ON

Fully Renovated 3 bed units Ample amenities nearby Condo titled NEW Offering Price: $5,365,000

133,661 SF Plaza on Hwy 7

3 sites available Zoned Restricted Service Commercial Close proximity to Hwy 401

29 Townhouse Units

11276500_1714

25,365 SF on 3.55 acres Centrally located in quasi industrial area Single tenant investment opportunity Net Income: $132,618.75

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

Industrial Development Site Cambridge, ON

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

High Profile Retail & Office Building London, ON

29,957 SF built in 2011 Projected NOI: $650,437 Highly visible dowtown location Tim Schnurr* 519 286 2018 tim.schnurr@cbre.com

Free-Standing Tim Hortons Corunna, ON

100% leased to Ontario Government Projected NOI: $288,665 (2014) Mortgage: Treat as Clear of Financing

Outside storage permitted Easy access to Hwy 401 Rail spur on site

Leased to TDL Group Ltd. - May.5/21 expiry $73,191/year average Net Income Asking $1,460,000

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

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

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

London 150 Dufferin Avenue, Suite 602 N6A 5N6 T 519 673 6444 F 519 673 6948

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

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

* Sales Representative ** Broker

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

www.cbre.ca

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

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www.dtz.com

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

INVESTMENT PROPERTY St. Thomas, ON $1,100,000

INDUSTRIAL BUILDING St. Thomas, ON $379,000

SALE / LEASE Strathroy, ON

• 5 Neighbouring income producing properties (Com/Res) • Net Income 2012 $110,000 • Potential for Vendor Take Back Mortgage

• • • •

• • • •

David Jongerden *

Philip Cassis **

11,240 sq ft on 0.96 acres 500 sq ft – Office 10,740 sq ft – Warehouse Zoned MI

Philip Cassis **

Ext. 231

Lease Rate: $9.50 psf Net Sale Price: $549,000 5,000 sf - Main Floor 1,500 sf - 2nd Floor

Tyler Desjardine *

INVESTMENT PROPERTY London, ON $ 10,600,000

INVESTMENT PROPERTY Woodstock, ON $ 1,590,000

INDUSTRIAL INVESTMENT London, ON $ 1,490,000

• • • • •

• 11,000 sf multi-unit medical bldg.

• Well maintained, clean bldg. with private entrances for Doctors • Net Income: $121,000/yr inclusive of management fee

• 21,000 sf fully rented industrial building with new 5yr lease • Includes 2 houses/excess land • Approx. Net Income $117,450 yr

Brent Rudell ***

Tom Rudell *

Brent Rudell ***

RETAIL / AUTOMOTIVE London, ON $ 8.00 psf Net

SALE / LEASE Sarnia, ON

• Former Automotive Dealership in east London • 32,500 sf on 2 acres • Over 500’ frontage

• Lease Rate: $3.00 psf net • Sale Price: $1,250,000 • 118,000 sf Heavy Industrial with rail siding

Gary Pollock **

Kenn Poore **

70,837 sq ft / 1.6 acres Currently downtown parking lot Approx. 360 parking spaces Future development potential Stable cash flow

Brent Rudell ***

Jessica Huysmans *

OFFICE / RETAIL London, ON

• • • •

$ 164,900

Opportunity in Old East Village 2,500 sf – Total Space Zoned BDC Great location

Jameson Lake *

Ext. 231

Ext. 222

Sales Representative * | Broker ** | Broker of Record *** 4G

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Ext. 232

Ext. 236

Ext. 224

11266917_1714

Tel: (519) 438 5588

LONDON 23 .

R.O 4% .I

nt ce es Re grad Up

• Asking $2,875,000 • Asking $79,861 per Suite • Many Recent Upgrades Including Roof, Parking, Common Area Hallways, Unit Renovations • Professionally Managed Property • Located in North End of London, Close to University of Western Ontario

• 19 x One Bedrooms 17 x Two Bedrooms • Individually metered Tenants Pay Own Hydro • Outdoor Surface Parking • Upside Potential on Rents • 6.0% CAP Rate • 23.4% R.O.I. • Treat Financing as Clear

TORONTO

Go o Po d Up ten sid e tia l

ed uc e d Re Pric

• Asking $1,398,000 • Asking $139,800 per Suite • Potential to Add Unit • Very Good Upside in Rents • Fully Rented • Very Good Rental Location • Paved Parking and Driveway

• 4 x One Bedrooms 6 x Two Bedrooms • Full Locker Area • Large Laundry Facility with Two Washers and Two Dryers • Treat as Clear • Seller Will Consider Holding Small Second

OSHAWA Up Tu side rno on ve r

t cen !

Re rades g Up

• Asking $1,995,000 • Asking $95,000 per Suite • Three Storey Walk-up Located in Good Rental Neighbourhood • Each Unit has their own Hot Water Tank • Coin Laundry Produces Above Average Revenues • Roof Re-Shingled in Last 5 Years

• 10 x One Bedrooms 8 x Two Bedrooms 3 x Three Bedrooms • Potential Upside in Rents • Recent Renos include Some Unit Upgrades, Mailboxes, and Common Area Flooring • 5.5% CAP Rate • Ex. 1st Mortgage of Approx. $1,260,000 @ 2.99% for 5 Years to be Assumed

36 Suites

10 Suites

21 Suites

COBOURG

LONDON

OSHAWA

wn nto n w Do catio Lo

Ma

int e Fre nanc e e

• Asking $1,130,000 • 3 x Bachelor 7 x One Bedrooms • Asking $94,167 per suite • Centrally located for 1 x Two Bedrooms easy access to all available 1 x Commercial Retail amenities • Surveillance Cameras • Many capital upgrades & On-Site Laundry completed within the • 6.1% CAP 16.7% R.O.I. last 10 years • Seller may consider a • Professional Management small VTB second mortgage already existing • Tenants pay their own Hydro • Treat as Clear • Four Parking Spaces • Call Dani Pizzoferrato belonging to the building for further details located in rear

11 Suites + 1 Commercial

ICE N PR CTIO DU RE

Ex c Lo ellen ca tio t n

• Asking $1,425,000 • Asking $95,000 per Suite • 15 x 3 Bdrm Townhouses • Utilities Paid by Tenants - • Each Unit has its own Basement Water Phased in on • Property is in Desireable Turnover South-West London • Each Unit Contains Location its own • 6.8% CAP Furnace and Water Tank • 29.2% R.O.I. • Tenants Supply Own • Treat as Clear Washer and Dryer • Property is Professionally • Buyer to Arrange Own Managed Without On-Site Financing Superintendent

15 Townhouse Units

Bu il Ch ding ara wit cte h r

le ab ire ion s De cat Lo

• Asking $875,000 • Asking $97,222 per Suite • Subject property is located approximately 3KM from the new University of Ontario Institute of Technology • Potential upside on rents +LJK HI¿FLHQF\ ERLOHU installed 2008 • New Hot Water Tank installed Summer 2013 • Tenant pay their own Hydro

• 1 x Bachelor (Hydro included) • 8 x One Bedrooms • Additional upgrades include unit turnover renovations, roof, windows and appliances • 5.4% CAP Rate • 20.7% R.O.I. • Treat Financing as Clear • Vendor may consider a VTB Second Mortgage • Bachelor is a non-registered unit

9 Suites

8172756_1714

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BROKER

11236618_1714

www.fsalvatore.com

Inducted 2008

Escarpment Realty Inc., Brokerage Independently Owned & Operated

PRIME OFFICE SPACE

Stunning recently renovated second floor executive office. Equipped w full kitchen, fridge & stove, 2 private offices, reception area, 3 pc bathroom with stand-up shower & 2 pc bathroom. Reception: 17x8 Kitch 12.5x9. 1 west office 13.36x7 north office 7x10 south office 11.3x14.

Includes heat and hydro.

Office: 905.573.1188 Direct: 905.297.4890 info@fsalvatore.com

*Based on closed transactions. Source CREA & RE/MAX.

$8.00/SQ. FT.

PRIME OFFICE/RETAIL/ WAREHOUSING

Prime location in Central Hamilton ideal for many uses. 8071 sqft on main level plus 7057 sqft on lower level. Features gated private parking, interior loading area at dock level.

Building is divisible. Available May 1st occupancy.

1714_DJW_0058

1714_DJW_0057

$4.95/SQ FT

LOGISTICS AND WAREHOUSING

56 ACRE DEVELOPMENT SITE-WELLEND

Prestige industrial building zoned M-2 with approx 220,800 sq ft of divisible space. Equipped with 11 docks and 1 drive in level area.

Ceiling heights range from 26 to 36ft. Ideal for warehousing and logistics. 401 East, Belleville, ON.

Prime 56 acre development site with draft plan approval consisting of 210 single family lots - 54 street townhomes - 140 townhomes and 31 mixed use. Price includes storm water retention pond and park land dedication. Finance terms available.

1714_DJW_0055

201 BARTON ST. E., STONEY CREEK

Office/warehouse space available with overhead door. Close to highway and in very visible location. Ideal for light industrial/ distribution. 1400 sq. ft. - $1200 + HST/month 1714_DJW_0053

3735 sq. ft. of office/retail/warehouse space. Plenty of parking and visibility. Ideal for light industrial/distribution. Rent $5.50/sq. ft., TMI $3.50/sq. ft.

1714_DJW_0054

247 CENTENNIAL PARKWAY N.

QEW & CENTENNIAL PARKWAY - 45 GODERICH

Office/retail space in highly visible location at the corner of Centennial & Barton. Plenty of parking, signage in high traffic area. Close to the QEW and Red Hill Parkway. Units available at 1338 & 4150 sq. ft. with rent from $13/sq. ft. net. TMI $7.50/sq. ft.

1714_DJW_1_0028

Office building with high visibility and easy highway access. 1238 sq. ft. corner unit available from $11.00 per sq. ft. net featuring several offices and boardroom with great natural light. Building includes plenty of parking & signage.

1714_DJW_1_7007

E-mail:

info@desantis.com

www.desantis.com 6G

1714_DJW_0056

327 BARTON ST. E., STONEY CREEK

905-777-0252 ext 304

COM

$9.4 MILLION

8148088_1714

$1500/MTH GROSS LEASE

*

SILVESTRI INVESTMENTS EXCELLENT DEVELOPMENT & INVESTMENT OPPORTUNITIES

Fort Erie - Garrison Road Approx. 50 Acres of Land Draft Plan Approved Property

Hamilton - Twenty Road Approx. 49 Acres South of Upper Wentworth

Cambridge - Branchton Road and Morrison Road Approx. 280 +/- Acres Between the Two Properties N

309 South Pelham Road Welland, Ontario

Simcoe - Draft Approved Land, Building Lots & Vacant Land Harvest Glen Ph. 3 Lots Available Phase 5 Lots Coming Soon!

Beautiful Location!

Niagara Falls Two Parcels: 64 and 25 Acres on Garner Road

Welland Approx. 14.5 Acres South Pelham and Webber Road

FLORIDA CONDOMINIUMS IN NEW SMYRNA BEACH

NEW CONSTRUCTION STARTED ON BUILDING 19 Reserve Your Unit Today! www.oceanwalk-condos.com

RE/MAX Escarpment Realty Inc., Brokerage Independently Owned & Operated

Paul Silvestri - Sales Representative • Direct: 905-521-1144 • Office: 905-545-1188 paul.silvestri@silvestri.ca • www.silvestri.ca

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Commercial, Real Estate & Business Opportunities 10228647_1314

Bill Bradley Sales Representative

Independently Owned & Operated

Unit 2, 1240 Speers Rd., Oakville ON 905.815.9900

416.258.6866 exitwithbill@gmail.com

COMMERCIAL, INDUSTRIAL, RETAIL PROPERTY

APPROX. 3,000 SQ. FT. OFFICE & SHOP

OUTSIDE STORAGE & 600 SQ. FT. STORAGE BLDG.

SPECIAL PRICE $1,025,000. CALL NOW! Over 1/2 acre of choice property on busy Speers Rd. With approx. 3000 sq ft with main and lower level offices, bathrooms and shop. Also a storage building at the back of property. Approx. 600 sq ft. The land is okay for outside storage. The property is approx. 50 years old and was built and owned by the present owner. Renovate 1314_DJW_0079 1314_DJW_0078 or build new - Your choice.

HOME BEING BUILT TO LOOK SOMETHING LIKE THIS A luxury elegant executive home being built in West Oakville on a large 95 x 180 foot lot. 2 master bedrooms, one on main floor, the other upstairs. Large pool in the back yard. Call Bill Bradely.

1714_DJW_2_0069

Call or email Bill Bradley if you are interested in buying a retirement home or commercial property, Land or with buildings.

Strip plazas available in the Province of Ontario, from $1,000,000 to $15,000,000.

Call or email Bill Bradley (buyers only) 8G

COM

8155064_1714

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10438420_1714

FOR LEASE DOWNTOWN ST. CATHARINES

Nicely remodelled 3 unit brick apartment building located close to the Great Wolf Lodge.

Newer windows, roof and furnace, separate hydro meters.

Large spacious 2 bedroom unit on second floor plus a 1 bedroom and bachelor on the main floor. Fully rented. Great investment property. Only $20,000 down payment required.

1714_DJW_0062

900 square feet of class office space at the corner of St. Paul and Carlisle Street $1125. per month gross.

Adjacent to the MTO office tower, and opposite the Carlisle parking garage, Performing Arts Theater and the Brock Performing Arts School. Space is set up with two window offices, a large reception and work station area.

Area is finished with T bar ceiling newer carpeting, fully finished and ready for occupancy. Forced air heating and central air conditioning. Turnkey space, excellent leasing terms.

1714_DJW_0063

FOR LEASE ACROSS FROM PERFORMING ARTS THEATER

RESTAURANT BUSINESS ONLY

BEAUTIFULLY REMODELLED 10 UNITS

1200 to 2400 square of prime retail space directly across from the New Performing Arts Theatre, Brock University Performing Arts School and adjacent to the new 600 car parking garage.

This fantastic location comes with over 100 feet of custom storefront, designed with openable windows for patio seating. Pop up patios included on both St. Paul and Carlisle St. Additional 2400 square feet available in lower level for service commercial . Space includes 10 foot finished drywall ceilings, new custom tile floors, HVAC, 1200 amp, building sprinklered, generous leasehold allowances, excellent leasing terms, ideal for restaurant, Cafe, Bistro or retail. 1714_DJW_0064

Fantastic turn key operation known as Dani’s Bistro, rated

by Trip Advisor and Urban Spoon within top 10 restaurants in Niagara! Famous for comfort foods, tapas and won RBC 2013 award for best VQA wine selection. Located in the Heart of Downtown St. Catharines, steps from 200 million dollar downtown revitalization. 50 seats, take out area with separate entry, remodelled dining room well appointed with cozy setting, with lovely bar for overflow, oversized kitchen area plenty of storage, plenty of catering potential available for the surrounding area. Many avenues of Financial growth available with all the surrounding growth. 1714_DJW_0065

Downtown St. Catharines, this beautifully remodelled 10 unit solid brick character apartment building features modern kitchen and bathrooms, ceramic and laminate wood floors, updated separate hydro, new furnace and laundry room, excellent rental area, fully rented, priced at a 8.5 percent cap rate, shows a 15.8 percent return on a $200,000 downpayment. A prime investment property!

$209,900

FOR SALE NIAGARA FALLS

Beautifully updated 6 unit legal non conforming character apartment building.

Great location, all units renovated with quality workmanship, double detached garage, ravine setting, plenty of parking on site, right on bus route. With 30 percent down shows a wopping 8 percent cap rate and over 10 percent return on your investment.

$559,000

MULTI RESIDENTIAL

$76,900

$20.00 SQ. FT.

1714_DJW_0061

1714_DJW_0087

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

FOR ADVERTISING CALL

DOREEN WILLS r Doreen.Wills@wall2wallmedia.com 10G COM

The Passion to Move You

Office: 905.681.7900 Fax: 905.681.8225 Email: SmithB@Sutton.com Web: BradSmithRE.com

Sutton Group

About Town Realty Inc., Brokerage Independently Owned and Operated

102-3190 Harvester Rd. Burlington, ON L7N 3T1

11286411_1714

Brad Smith

Sales Representative

1714_DJW_0127

1714_DJW_0126

1714_DJW_0128

1714_DJW_0129

855 CENTRE RD, FLAMBOROUGH ONTARIO Have you been wanting to have your own business? This property, including 11,690 sq/ft. of greenhouses could be what you have been looking for. This charming well landscaped home has been remodelled with a brand new kitchen and bathrooms with European cabinetry and granite counters, new carpet and flooring. With just under 5 acres, there is lots more land to expand the greenhouses. Zoning is A-27 which allows for a Garden Centre or Market garden.

This property is in move-in condition and is available with short closing. Asking $985,000. Check out my Web-site at BradSmithRe.com for more photos and virtual tours. Call me today for your private showing. 905-681-7900.

Paul Manion Royal LePage Your Community Realty, Brokerage

Independently Owned and Operated

Sales Representative

905.731.2000

11284353_1714

Investment Opportunity Outside of the GTA

$650,000 4800 Sq ft Plaza, 14 years old, On busy throughfare.

Vendor to take back first mortgage of $450,000.

Terms to suit.

Call for details 0914_DJW_8000

$999,500 2 Storey Office/Residential.

4000 sq ft of professional offices.

Fully occupied plus 7 apts - 4-2 bdrms & 3-1 bdrms.

All with balconies.

Original owners.

0914_DJW_1_0006 11G COM

NEW FRANCHISE OPPORTUNITIES

BEAMSVILLE, OSHAWA & OTHER LOCATIONS ACROSS ONTARIO

www.crabbyjoes.com 8302229_1714

COMMERCIAL MORTGAGE SPECIALIST

11286423_1714

Specializing in:

Nicholas Avramis

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416.797.6501

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Income properties: " Owner occupied: Development: " Specialty: " !

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Volume 14 Issue 04

1

Commercial Real Estate & Business Opportunities

Featuring the best selection in industrial, commercial and investment opportunities REAd By OvER 100,000 BuSiNESS REAdERS!

index Kitchener, Waterloo & Guelph . . . . . . . 4 Southwestern Ontario . . . . . . . . . . . . 14 Hamilton . . . . . . . . . . . . . . . . . . . . . 21 Greater Toronto Area . . . . . . . . . . . . . 32 Central Ontario . . . . . . . . . . . . . . . . . 48 Eastern Ontario. . . . . . . . . . . . . . . . . 52 Niagara . . . . . . . . . . . . . . . . . . . . . . 56 Business Opportunities . . . . . . . . . . . 62

diSTRiBuTEd iN OvER 1,700 lOCATiONS!

hawkesbury

HuGE COvERAGE AREA - WiNdSOR TO OTTAWA!

gatineau Rockland

Arnprior

Hull orleans Renfrew Ottawa

Kanata gloucester nepean

Get the full coverage you need – advertise in Commercial investor

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Cornwall

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Lindsay

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cobourg

campbellford

Oshawa Bowmanville

Mississauga Waterloo Guelph oakville Kitchener

next issue:

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May 24, 2014

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May 13, 2014

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special features 8 TREB REPORT — GTA commercial Realtors report latest commercial market figures 18 BUSINESS SAVVY — CIBC Poll: Declining Canadian dollar has small business owners worried 30 BUSINESS SAVVY — Merchants have rights with credit and debit payments 40 IN THE NEWS — Greater Toronto Area office market in midst of correction 54 IN THE NEWS — Bank of Canada maintains overnight rate target at 1 per cent

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Glossy Section Editorial 14G LEGALLY SPEAKING — More than what you bargained for: Inheriting tenants with a commercial property

By Jayson Schwarz

18G BUSINESS BAROMETER — Labour shortages worse for smaller businesses – Canada Job Grant could help

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Commercial Real Estate & Business Opportunities

Volume 14 Issue 04

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Kitchener, Waterloo & Guelph section COverIng: Cambridge • Durham • Elora • Fergus • Guelph • Kitchener • Waterloo For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor

Volume 14 Issue 04

5

Royal LePage

519-745-7000

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

Mike Milovick B.B.A., Sales Representative

CI@TeamMilovick.com

fax: 519-489-1333

www.TeamMilovick.com

8302191_1714

Grand Valley Realty BROKERAGE INDEPENDENTLY OWNED AND OPERATED

Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

Invest in Ontario’s Number 1 Town Today!

Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 8 COLUMBIA STREET WEST

D L O S

• • • • •

$156,000+ Gross Annual Income Purpose built building 7 plex, 28 students Picture on my website, www.teammilovick.com MLS®

1,799,900

$

1714_DJW_1_0027

119 UNIVERSITY AVENUE WEST, WATERLOO

52 NOECKER STREET, WATERLOO

465 HAZEL STREET, WATERLOO

579,900

$ $

1,496,000

• $99,700+ Gross Income • Corner Lester and University

$

569,900

1714_DJW_0106

• Long term Rental Potential • ESA and HVAC Certificates 1714_DJW_2_0058

130 MARSHALL STREET, WATERLOO

429,900

• $36,000+ Gross Income • Fixer Upper in AAA location

249,900

• Seller VTB possible OAC • MLS®

409,900

$

1714_DJW_0107

274,228

• Four bedroom turn key rental • Unique, authentic uber cool loft

• $26,000+ Gross Annual Income • Leases in place until at least August, 2014 • City Approved, Class D Rental Licenced Property • Close proximity to student staples: coffee, pizza, beer stores, four bus routes • MLS® 1714_DJW_3_0017

• Quick walk to WLU 97 Walk Score • MLS® 1714_DJW_0109

4 535 PARK ST., KITCHENER

13.00 PSF

• $39,000+ Potential Gross Income!

• Desirable 5+2 Bedroom Layout • Steps to Waterloo Park, Easy Walk to Universities • Walk score of 87 • 5.77% Cap • 7.26% Cash on Cash • Over $7,000+ Potential Cash Flow • MLS® 1714_DJW_2_0019

264,900

$

• $24,000 potential gross • Within 800 M to proposed LRT • Freehold, Licensed Investment

• Four student, turnkey operation • MLS® 1714_DJW_0110

1305 VICTORIA STREET NORTH, KITCHENER

$

• $13.00 PSF • 1076 Sq ft • Across from the General Hospital

1714_DJW_0108

511B GLENELM CRESCENT, WATERLOO

$

• Expand footprint for more rooms!

• Popular Student Street • MLS® 1714_DJW_2_0022

outs close to both Universities • Spacious bedrooms, two car garage for landlord or tenant storage.

144 ERB STREET WEST, WATERLOO

9-12 BRIDGEPORT ROAD EAST, WATERLOO

2-455 ALBERT STREET, WATERLOO

$

1714_DJW_3_0057

14 YOUNG STREET WEST, WATERLOO

$

• Opportunity abounds!

• $26,000+ Gross Annual Income • Increase bedrooms in home!

• Easy Walk to UW/ Uptown • 90 Walk Score

• $48,000+ Annual Gross Income Available!

• 9 student city-approved, rental licensed property • Desirable 5 and 4 bedroom lay-

$

$

359,900

• $82,000+ Gross • Newer, purpose built 15 Student Triplex

• Steps to Both Universities • MLS®

29 YOUNG ST. •W. WATERLOO

• $44,000+ Gross • Classic Student Triplex • Extensive Fire Retrofits

975,000

7.00 PSF

$

• Great for Dentists • 3 exam rooms, plus office • MLS®

1714_DJW_2_0072

• 2099 SF of Clean, Modern Space • Flexible C6 Zoning • Lots of Parking

Please say you saw it in The Commercial Investor

• 41,000 Vehicle Traffic Daily • MLS® 1714_DJW_0105

6

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge 8331512_1714

Please say you saw it in The Commercial Investor

Volume 14 Issue 04

7

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

Volume 14 Issue 04

8171433_1714

Please say you saw it in The Commercial Investor

trebreport

GTA commercial REALTORS report latest commercial market figures

T

oronto Real Estate Board Commercial Network Members reported a year-over-year increase in the total amount of combined industrial, commercial/retail and office space leased through the TorontoMLS system in the first quarter of 2014.

Annual change in average lease rates was mixed. The average commercial lease rate, for properties leased on a per square foot net basis for which pricing was disclosed, was up by almost 23 per cent. Some of this change was due to a different mix of properties leasing this year compared to last. The average industrial lease rate was down only slightly compared to last year and the average office lease rate was down by approximately six per cent.

“Since coming out of the recession, we have certainly seen a few false starts as it relates to economic growth, particularly where business investment and exports are concerned. However, the first GDP data point for 2014 was very encouraging.

Hopefully, the positive result for first quarter leasing activity in the GTA points to continued economic growth, as businesses take on more space in response to anticipated growth in demand for goods and services produced in southwestern Ontario,” said Commercial Committee Chair Cynthia Lai.

There were 197 combined industrial, commercial/retail and office property sales In Q1 2014, total space leased through the TorontoMLS system in the first quarter of 2014. Average selling prices amounted to 4,517,411 square feet – on a per square foot basis for transactions where pricing was disclosed were up up by 3.6 per cent in comparison to for industrial and commercial/retail properties and down for office properties. In 4,363,905 square feet leased during the addition to market forces, annual price changes also resulted from changes in the mix first three months of 2013. The largest of properties sold, in terms of both size and geography. annual rate of growth was reported “Conditions are in place to support an increase in commercial real estate investment for the office market segment (+29 per cent), followed by the commercial/ in the GTA. The expectation is that the US economy will continue to pick up steam, which should help facilitate the long-awaited recovery in the Canadian export sector. retail segment (+6.9 per cent). The total amount of industrial space leased All of this, coupled with the continuation of accommodative borrowing costs, could prompt an increase in sales activity moving forward,” continued Ms. Lai. was down by less than one per cent year-over-year.

First Quarter 2014: All commercial lease transactions Total leased space for all lease transaction types on TorontoMLS Total leased square feet

First Quarter 2014: All commercial sale transactions Total number of sales on TorontoMLS Total sales

Q1 2014

Q1 2013

% Change

Q1 2014

Q1 2013

% Change

Industrial

3,393,108

3,407,593

-.4%

Industrial

73

113

-35.4%

Commercial

532,818

498,308

6.9%

Commercial

88

103

-14.6%

Office

591,485

458,004

29.1%

Office

36

50

-28.0%

Total

4,517,411

4,363,905

3.5%

Total

197

266

-25.9%

First Quarter 2014: Per sq. ft. net commercial leasing summary Lease transactions completed on a per sq. ft. net basis with pricing disclosed on TorontoMLS Leased square feet

First Quarter 2014: Commercial sales completed with pricing disclosed on TorontoMLS Sales (price disclosed)

Q1 2014

Q1 2013

% Change

Q1 2014

Q1 2013

% Change

Industrial

1,675,453

1,445,762

15.9%

Industrial

68

82

-17.1%

Commercial

193,305

219,767

-12.0%

Commercial

88

87

1.1%

Office

229,967

150,504

52.8%

Office

36

37

-2.7%

Total

2,098,725

1,816,032

15.6%

Total

192

206

-6.8%

Q1 2014

Q1 2013

% Change

Average lease rate

Avg.sale price per sq. ft. (pricing disclosed)

Q1 2014

Q1 2013

% Change

Industrial

$5.16

$5.19

-0.6%

Industrial

$81.78

$75.08

8.9%

Commercial

$20.35

$16.58

22.8%

Commercial

$234.79

$182.29

28.8%

Office

$12.30

$13.07

-5.9%

Office

$186.89

$229.36

-18.5%

Albert Fish Associates Limited R e A L e s tAt e b R o k e R A g e

Kenneth G. fish, Broker of record

for lease Guelph

1.866.822.4066 SAVE MONEY Interior finished 14 tanning beds in place Negotiate your lease Start business

1314_DJW_1_0004

DINER RESTAURANT WANTED Reports indicate diner would be successful.

End cap available for lease +/- 2,500 sq. ft.

Patio 15 feet x 70 feet

1314_DJW_2_0024

sold 11285345_1714

Please say you saw it in The Commercial Investor

Kitchener/Waterloo Guelph & Cambridge

9

Commercial Real Estate & Business Opportunities 11270688_1714

Volume 14 Issue 04

10

Commercial Real Estate & Business Opportunities

Volume 14 Issue 04

Kitchener/Waterloo Guelph & Cambridge

COUPAL MARKOU COMMERCIAL REAL ESTATE INC. Waterloo, Ontario, April 24, 2014– Long term business partners, Christopher Coupal and John Markou, launch Coupal Markou Commercial Real Estate Inc., a new commercial real estate brokerage in the Region of Waterloo. The company will be headquartered at its recently renovated building at 150 King Street South, Waterloo.

“It has long been our belief that a small group of the right individuals, working together in a collaborative environment, can achieve far more than the sum of the individual parts. We look forward to being a local boutique real estate brokerage focused on servicing our clients’ needs,” stated Christopher Coupal.

During their careers, John and Christopher have brokered well in excess of 1 billion dollars of commercial real estate transactions locally. Add to this a small group of experienced sales representatives and we believe we have the best possible team to meet and exceed our clients’ expectations.

“It’s not about being the largest firm in the marketplace. For us, it is the collaboration of an experienced team of professionals working together to deliver the best level of service for our clients,” added John Markou.

Christopher and John will be joined by Sales Representatives James Craig, Matt Dickson, Michael Conrad, and Peter Kruschen, along with support staff Rhonda Bryll and Paula Tweedle, who collectively have over 140 years of local commercial real estate experience.

If you would like more information about this topic, please contact

Christopher Coupal at 519-572-1096 or John Markou at 519-572-3816.

Please say you saw it in The Commercial Investor

11286502_1714

EMPIRE REAL ESTATE SERVICE LTD. Brokerage OFFICE

519.767.2392 TOLL FREE

1.800.461.9416

T R A I L E R PA R K S M A K E G R E AT I N V E S T M E N T S W I T H STRONG CASH FLOW! Open only 6 months a year they afford owners plenty of time off in the winter.

COTTAGE RESORT! Waterfront cottage resort 1 hour drive from Kingston and Ottawa. This great little resort is on 25 acres with approximately 1,000 ft of waterfront. There is a 3 bedroom, 10-year old log home with walkout basement and 1 rental cottage, 2 3-bedroom and 9 2-bedroom. Not only can you operate this property as an ongoing cottage rental business, but it would also make a great privately owned compound. Developers might also consider a redevelopment of the property.

DOUGL A S R IEL LY Broker of Record

820.6571 Email

DouglasRielly@gmail.com

MUSKOKA FAMILY CAMPGROUND

IN GOD’S COUNTY

This park is located less than 2 hours north of the GTA on 90 acres of beautifully treed property and on a high traffic highway.

Currently it has 250 sites and can be expanded by another 125.

There is a large swimming pool, rec. hall, newer house for the owner or manager to live in, a store and reception area and several rental cabins. Most of the sites are rented to seasonal campers with a few retained for USE by overnighters. All water, hydro and septic systems are in excellent condition and this park is a money maker with very strong upside potential.

Escape the big city life to this gorgeous waterfront trailer park and cottage resort on Lake Nippissing. 50 full service sites, 6 incredible cottages, state of the art septic and water systems, newer maintenance shed. Open 6 months of the year, this park is full of retired couples who go south in the winter. No money needed to upgrade anything at this park, just enjoy the lifestyle.

w w w. t r a i l e r p a r k s f o r s a l e . c a

The Cliff Rego Diamond Award Winning Team:

• Placed Top 20 in Canada* • Top 1% in the world for RE/MAX** *Re/Max International Statistics 2012 **For markets with population of 50,000 to 150,000

519.740.7222

CLIFF REGO BROKER

$324,900

Real Estate Centre Inc. Brokerage

519.623.6200

Each office independently Owned and Operated

Great location - quick and easy access to major roadways. First unit in complex - has good street exposure. 3 parking spots, but huge available customer/clinet parking. Easy front & rear access off Randall. Industrial one zoning (l1) offers extensive use possibilities. Tenant is month to month. North exposure. No balcony.

No pets permitted. Monthly fee $475.

This includes: water, landscaping/snow removal, maintenance, building insurance and parking. MLS® 1490864. 1714_DJW_1_0016

$5.00/SQ. FT.

Cracovia European market & deli. Great location - high density neighbourhood, high exposre plaza. Extensive product selection for diverse clientele. Loads of parking in the plaza. Excellent customer draw by other business as well as dedicated clientele. Price includes equipment and stock, with a new meat counter ($7000). MLS® 1490679.

$68,500

1714_DJW_2_0017

Please say you saw it in The Commercial Investor

11269765_1714

High visibility - extensive traffic exposure. Quick & easy access to major roadways. Zoning permits office, warehouse, wholesale, vehicle sales & service, etc. MLS® 1411335.

$192,500

1714_DJW_2_0055

Restaurant, Variety Snack Bar, Speciality Shop, with many more possibilities! Great money maker or start/move your business and have income! Tenant upstairs looking to stay long term. Many updates! Approx 1900 sqft building plus basement. Live-Work also a possibility. MLS® 1490438.

1714_DJW_2_0013

Kitchener/Waterloo Guelph & Cambridge

11

Commercial Real Estate & Business Opportunities

519

8305540_1714

Volume 14 Issue 04

12

Volume 14 Issue 04

Commercial Real Estate & Business Opportunities

0914_DJW_0097

0914_DJW_1_7777

4-6 KING STREET SOUTH WATERLOO

25 YOUNG ST E WATERLOO

$599,900

• Investment Property - 7,900SF • Main floor commercial Tenant • 2nd Floor long term residential Tenant • 3rd floor available unit for owner to live or for rent

Stunning property in the heart of Uptown Waterloo with plenty of parking in the rear. Tastefuly converted office space meticulously maintained with tons of character and curb appeal. Features two floors of office space with high end finishes and a walk-out basement ideal for file storage. Fully equipped kitchen on the second floor as well as spacious three piece bathroom. Unique opportunity!

D

450 FREDERICK STREET, KITCHENER

BUSINESS FOR SALE OL

S

• Rim Park Skate Shop • Waterloo, ON • Owner Retiring • $99,900 • Great hours; part time hours, opportunity to increase sales

1223 KING STREET ST, JACOBS

$359,900

$9.50/SF

Great exposure on King Street located directly beside Tim Hortons on main arty of St. Jacobs. This 3 bedroom 2 bathroom home features large principal rooms, oversized attached garage, fully fenced lot, newer furnace. M-5 zoning allows for many commercial uses.

0914_DJW_3_0039

FREDERICK MALL, KITCHENER

Various square footages available from 400SF to 5,100SF, elevator, onsite parking, on expressway, Landlord will renovate to suit for qualified Tenants.

0914_DJW_1_0104

0914_DJW_1_7075

S

D L O

6000 sq. ft. restaurant situated on .87 of an acre lot zoned C-6. Ideally located on main artery close to downtown Kitchener. Seating for 400 patrons plus 85 seat patio. Features ample parking, fully operational kitchen and great exposure.

0914_DJW_1_0061

• For Sale: 1.395 M • Thornbury, ON • Existing Gas Bar • Re-development

0914_DJW_2_0078

Great location in the heart of Downtown Kitchener.

Featuring 6,400 sf of main floor retail space and 10,800 sf of upper office space together with 4 bachelor apartments, situated on a high traffic intersection, and fully leased. Asking $1,799,900. MLS.

$869,900

$1,295,000

0914_DJW_2_0057

1458 WEBER STREET E., KITCHENER

$1,799,900

0914_DJW_0098

Kitchener/Waterloo Guelph & Cambridge

MIXED USE BUILDING IN DOWNTOWN KITCHENER

• Retail units and Pad Site available • Mall undergoing extensive renovations • On Bus line • On Expressway • Join Valumart, CIBC, Dollarama and many more

D SE DUMFRIES INDUSTRIAL NORTH A E Close to Guelph, Tim Hortons. Ideal for restaurant ForL sale: $2.2M. 15,000SF - fully leased. On 4

PORT ELGIN

ROCKWOOD, ON

For lease 2,400 SF, only unit in 30,000 SF plaza, former Curves space, excellent location, unit in great condition

& services uses. Pre-leasing.

acres, backs onto Hwy #401 11283607_1714

RYAN BRIGGS

DUNCAN McLEAN

SALES REPRESENTATIVE

CELL

519.498.5775

Ryan@cmarealty.ca

SALES REPRESENTATIVE

KITCHENER, ONTARIO

519.578.0337

CELL

519.590.7997

Duncan@cmarealty.ca

Please say you saw it in The Commercial Investor

Volume 14 Issue 04

13

KITCHENER INVESTMENT OPPORTUNITY

CAMBRIDGE INVESTMENT

$1,200,000 HURON INDUSTRIAL PARK One acre and 11,900 sq. ft. Free standing building. 2000 sq. ft. of professionally finished office space. Excellent tenant in place with 3 year net lease. 3 phase 600 volt power, 16 ft clear ceiling, drive-in and dock level shipping. This property offers an investor a good return.

WATERLOO INVESTMENT

$550,000 OFFICE BUILDING 4000 square feet professionally finished offices on two levels, plus 800 square fee for dry storage in the basement. Great signage from street Pylon and large building sign included in sale price. Ample parking in front and rear of property, security system, large windows, three washrooms with possible lunch room. Good investment for the right purchaser. A rare find in today’s market.

1714_DJW_0032

$749,000 COMMERCIAL RESIDENTIAL L1-25 zoning....Fronting on Bridgeport Road, front lower level presently operating as Used Cars Sales Office... up to 20 plus cars. Front Upper level/Office presently rented as an apartment... Rear of property is a semi detached registered as two 3/ bedroom student apartments. When fully occupied the property will generate an 8 percent cap return. Must be seen. Don’t miss this opportunity!

1714_DJW_0060

11286199_1714

1714_DJW_0033

Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

TeAm AmiT Airi

Amit Airi

FULL SERVICE - RESIDENTIAL COMMERCIAL & INVESTMENT

Broker, B. Science, D. Pharmacy

Off:

519.623.6200

te a m a m i t a i ri @ g m a i l . c o m BrAnd new Building

18 stacked townhouses. Building has 78 rooms, 42 bathrooms. Free cable and WIFI to each individual room and building is almost fully rented. Approximately $480,000/yr rental income with a cap rate of 6.7%.

An excellent investment property, close to Conestoga College and 401 in Kitchener. mlS #1490173

Please Call for details! $5,499,900

new PlAZA TO Be BuilT!

Now leasing for 2015! New plaza to be built in high end residential area w/ high traffic count. Opposite Catholic and public schools. High rises with approx 250 units to be built across the street, one high rise already being built. Ideal location for medical services, pharmacy, dentist, convenience store, food franchise. Large 3500 sq ft day care already tenanted.

Lease rate of $19.95 plus CAM. MLS Exclusive

BUSINESSES FOR SALE Laundromat 69,000 - MLS/Excl.

Taxi Companies $ 299,900 - MLS #1394737 $ 399,900 - MLS #1394946 Financials available for qualified buyers Please call Amit for details! $

RE/MAX Real Estate Centre Inc., Brokerage 766 Hespeler Road Cambridge, ON N3H 5L8 Independently Owned & Operated

|

W W W. A M I TA I R I . C O M

8148789_1714

COMMERCIAL PROPERTIES inSTiTuTiOnAl ZOning $399,900 Great location near 401, Conestoga College, golf courses and minutes to Cambridge. Gorgeous 4.5 acre treed lot with 2.5 acres of open land. Rare 580 feet of frontage great for home based business. The 3800 sq ft building can be renovated to a nice large residential home or a 2300 sq ft home with large separate workshop/storage. Opportunity for investors to build a brand new luxury home. Current house has a huge finished basement with hall and kitchen and walk up to grade. Many options available to the right person. To discuss this opportunity further please call. mlS #1490529

reSidenTiAl & COmmerCiAl $349,900 Excellent opportunity to own an income generating investment property with mix residential and commercial zoning, recently renovated from top to bottom. Huge lot, main floor commercial is leased for $1000/month, upstairs large 2 bedroom apartment is leasing for $1200/month, 80’ X 160’ lot. Please call for details. mlS #1490079

TruCK rePAir SHOP $949,900

Attention Transporters: great opportunity to own a business with property. Well established business comes with all the equipment to run truck tire sales & repairs. One acre property with 5,000 sq ft. built area located on great location with easy access to 401. Zoning allow outside storage. Outdoor parking. Excl./MLS

STriP PlAZA $749,900 Excellent investment opportunity! Commercial and residential mix.

Commercial plaza consists of 3 Commercial stores, four apartments and single detached house. Rare Cap Rate 8.5%. mlS #1490125

reSidenTiAl lOT FOr SAle - $169,900 Residential lot for sale in central location in Cambridge. Large lot is 58’x130’. Fully serviced. Great oppurtunity! Call for more information. mlS # 1490125

CAr lOT FOr SAle” Price is $349,900 Priced to sell! Car Lot with two bay garage and office located on one of the busiest roads in Kitchener with excellent location, great exposure and many new upgrades such as new furnace and exterior work. Parking for 25 cars. Close to new planned LRT terminal. mlS #1490462

Please say you saw it in The Commercial Investor

14

Commercial Real Estate & Business Opportunities

Volume 14 Issue 04

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SouthweStern ontario section

COverIng: Brantford • Chatham • Grey & Bruce Counties • Ingersoll • London • Owen Sound • Sarnia • Simcoe • Stratford • St. Thomas • Tillsonburg • Windsor • Woodstock For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor

15

Commercial Real Estate & Business Opportunities RESIDENTIAL • COTTAGE • FARMS • COMMERCIAL • BUSINESS

Dean Beliveau

8143527_1714

Buy With Confidence.

Sell With Experience.

Sales Person

“multi-million dollar producer year after year” SERVING ESSEX COUNTY SINCE 1986

Brokerage

beli1585@cogeco.ca

519-734-7931

HUGE AUTO REPAIR FACILITY! 939 GILES $399,900.

This “legendary” auto repair locale is R priced to sell!! An outstanding deal with SO D 155’ frontage’ on Giles & 110’ frontage on IN W Crawford. Huge building. Use it all or rent some out. Offers multiple auto zoning possibilities & has parking for at least 50 cars and has all amenities you would expect.

Call Dean for your tour! 519-734-7931

519-524-4473

TOLL FREE 1-888-524-4473 talbotrealty.com 62 A Elgin Ave. East, Goderich, ON N7A 1K2

$699,000

PRIME HIGHWAY GODERICH LOCATION! Ideally suited for restaurant. 1.32 acres, 2,074 sq. ft. building. Parking for 41. Exceptional exposure!

Hwy #21 (Bayfield Road) MLS #666372.

1714_DJW_0123

COMM BLDG LOT ONLY $199,900 RIGHT IN THE ‘HEART’ OF THE DOWNTOWN STRIP 47 Erie $199,900. Extremely rare 95.83’ x ON GT 122.50’ vac lot right on Erie St. S. Zoned IN M C1 allowing multiple uses plus grandfaEA L IN thered ‘Adult Industry’ zoning if applied for within 2 years. Grants from the town of Leamington available for a limited time. Please contact Dean for more info and documentation. 519-734-7931

1714_DJW_2_0039

$325,000

DEVELOPMENT POSSIBILITY! 12.6 acres located 2 mins from Goderich. Currently zoned C3.

Endless possibilities. Convenient location. MLS#164034.

1714_DJW_7124

JUST LISTED 7 UNIT APARTMENT BUILDING 29-33 ERIE N. ONLY $229,900.

A fantastic investment opportunity and priced Y LE for quick sale. 5 residential + 2 commercial units AT E in this extensively renovated building in WheatWH IN ley. Renovations include roof, windows, wiring, drywall, baths, kitchen, plumbing etc. etc. All appliances are included & all utilities are separate.

Minimum (est) gross of $54,000/year. Guaranteed to impress. Call Dean at 519-734-7931.

1714_DJW_1_0040

$139,900

INVESTMENT OPPORTUNITY! High traffic exposure. 2 commercial units + upper 1,400 sq. ft. apartment.

A must see! MLS #364998.

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1714_DJW_0125

Lawrence Zack Sa l e s Re pre s e nta ti v e

COMMERCIAL

Goderich on the Shores of Lake Huron Southwest Ontario

Manor Windsor Realty Ltd.

519-250-8800

519-438-2222

larry@lawrencezack.com

11286202_1714

11286427_1714

Volume 14 Issue 04

FOR SALE BASKIN ROBBINS

GIFT OF ART

WILLIAMS FRESH CAFE

1985 HYDE PARK RD., LONDON

575 RICHMOND ST., LONDON

1245 HIGHBURY AVE. N., LONDON

$210,000 Become a part of the 75 year old brand and purchase an existing Baskin Robbins franchise. Low royalty fees and strong sales makes this a sound business decision. Financials available to serious candidates. Contact Listing Agent for details.

1714_DJW_0036

$34,900 Be totally unique! Featured in numerous magazines and now being offered for sale (for the 1st time), London’s premiere ‘100 handmade Canadian’ gift shop. Established in 2001, and located on London’s Richmond Row, this business is perfect for the owner/operator who wants to place their personal touch on an existing business. 1,124 sf of retail space, along with reasonable net rents makes this opportunity that much better! Call for details or to set up your personal tour. 1714_DJW_0037

Please say you saw it in The Commercial Investor

$499,000 Now is the time to take this opportunity and become a restaurateur. Be a part of the Williams Fresh Cafe family by owning your own Franchise. Located in the busy area near the corner of Huron and Highbury, this 6 year old franchise offers strong sales with huge growth potential. Licensed LLBO. Contact Listing Agent for more details.

1714_DJW_0038

16

Volume 14 Issue 04

Commercial Real Estate & Business Opportunities

519.797.5500 Cell. 519.374.4448

Harold Fenlon

email: h f e n l o n @ b m t s . c o m

One of McIntee’s Top 3 Salespersons

Bus.

Southampton

Broker

MULTIPLE LISTING SERVICE

www.haroldfenlon.ca

$3 29 ,9 00

Southwest Ontario

$1 ,4 00 ,0 00

8297239_1714

http://myhomes.360photo.ca/7538

http://myhomes.360photo.ca/7538

myhomes.360photo.ca/7538

myhomes.360photo.ca/8031

9 HOLE GOLF COURSE

Par 36, 9 hole golf course. 10 acre driving range, fully licensed club house, & 3 BR, 4 year old house. Enjoy the view of golf course & pond. Storage buildngs for golf equipment, carts & repair shop. 2 wells on the property.

1714_DJW_0011

IDEAL LOCATION!

Building and turnkey beauty salon business, some equipment included. Zoned 60% commercial/40% residential. Apt rented. Subject to right of way north edge of prop. Bldg rewired in 2009. Ideal location for any business. Zoning allows for flexibility. Room for parking.

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1714_DJW_0013

1714_DJW_0014

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

Volume 14 Issue 04

17

Commercial Real Estate & Business Opportunities

George Gicopoulos

Sales Representative

Magnificent building, circa 1889 with it's impressive architecture and Clock Tower towering over the middle of Town. This historic building houses the impressive, upscale 'Clock Tower Inn' with 8 recently and completely renovated suites, plus the successful 'Strathroy Ale House' Pub/Restaurant with an excellent patio. Sale of 'business only' will also be considered with option on the property. Call George for details.

MUCHO BURRITO FRANCHISE $629,000

1. Family style restaurant near London $285,000.

2. Restaurant, Pub, Billiards, KW $695,000.

3. Breakfast & lunch. 70 seats, free stands. Hwy location $74,500.

4. Hwy Location Family Restaurant $325,000.

Great southwestern Ontario location with drive thru. Over 3,000 sq ft free standing building. Great sales with excellent bottom line. Call George for complete details.

Many to choose from Big & Small, with or without property. Call George today. He probably has what you are looking for or he knows where to find it for you.

Sales Representative

Southampton

Office: 519-797-5500 | Cell: 519-270-3055 e-mail: donamy@bmts.com www.southamptonhomes.ca G R E AT L O C AT I O N , $ 4 4 9 , 9 0 0 1 7 1 H I G H S T R E E T, S O U T H A M P T O N

N

N

E

EW

W

LI

P

R

ST

IC

IN

E

G

PRIME CORNER COMMERCIAL - $349,900 5094 HWY 21, PORT ELGIN

9992168_1714

ST THOMAS AUTO SALES/MECHANICS SPECIAL - $195,000

Great spot for auto sales/repairs. Surrounded by numerous auto related businesses. Two buildings one used for storage and one of about 800 sq ft used for auto repairs with two grade level doors plus office. 75 feet frontage x 265 feet depth.

PROPERTY & BUSINESS - $1.4 MIL

Popular restaurant/bar with pizza take out and delivery. Well known with great reputation and increasing revenue for the past 10 years. Licensed for 240 inside and out. Free standing 3485 sq ft building with great patio on approx. 1.3 acres of land located on main artery minutes from Hwy 401. 1.5 hours from GTA. Profitable, popular and priced to sell. Unbelievable Sales!

Restaurants, Pubs & More

1714_DJW_0175

1314_DJW_2_0096

Presently and for over 40 years operating as restaurant by the same owner. Many buses stop at the front door. Great location on Dundas and Richmond St intersection. Price included property and restaurant business. Owner will sell property only and remove chattels if need be. Ideal for variety store, fast food, etc. Great foot traffic by the front door. 2400 1314_DJW_1_0095 sq ft on main floor.

STRATHROY - $895,000

1314_DJW_1_0032

DOWNTOWN LONDON PROPERTY $525,000

1314_DJW_1_0094

Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepage.ca www.georgegicopoulos.com www.royallepagecommercial.com *Independently Owned and Operated Southwestern Ontario Businesses/Properties 8155109_1714

MLS411044000122400

MLS #411048000203700

Desirable corner lot with high visibility, close to Wal-Mart & Canadian Tire. Ideal location for commercial venture requiring high traffic flow. Environmental Assessment Reports 1, 2 & 3 are available. Municipal sewer and water.

1714_DJW_1_0043

“10 women’s wear stores on the same block.” Fully renovated building offers turnkey opportunity with no franchise or royalty fees. Leasehold improvements include marble counter top showcasing imported Italian Espresso machine. 2nd storey features 2 furnished rental apartments.

Financing available. A great retirement opportunity.

1714_DJW_0007

Please say you saw it in The Commercial Investor

Southwest Ontario

Royal LePage Triland Realty, Brokerage*

businesssavvy

CIBC Poll: Declining canaDian Dollar has small Business owners worrieD

As some businesses react by reducing costs or raising prices, most admit they have not taken any steps to protect their business from fluctuations in the dollar

A

new CIBC (TSX: CM) (NYSE: CM) poll conducted by Leger finds more than one-third of small business owners are worried about the impact the falling Canadian dollar will have on their business, yet nearly seven in 10 say they have not taken any steps to protect their business from currency fluctuations.

Key findings of the poll of small business owners are:

›› 36 per cent of small business owners say they are worried about the impact of the falling loonie on their business ›› 65 per cent say they have no plans in place to deal with changes in currency Importers are the most likely business owners to be concerned about a lower Canadian dollar, with 86 per cent of this group expressing concern

Within major business sectors, Manufacturing companies are the most concerned about the falling dollar (53 per cent), followed by Wholesale/Retail businesses at 44 per cent “Our poll shows that some small business owners in Canada are feeling the pinch from the falling loonie, which can impact profits and make it harder to compete in certain industries,” says Shelley Swanlund, vice president, Business Banking and Head of Small Business, CIBC.“Many small businesses have become accustomed to a strong dollar, which may explain why many have not considered steps to protect their cash flow and react to the dollar’s decline.”

According to the most recent report available from Industry Canada, small businesses contribute as much as 41 per cent to Canada’s GDP. While a lower Canadian dollar can benefit some business sectors like exporting and tourism, the impact on small business is often overlooked, says Ms. Swanlund.

some Business owners are raising prices or cutting costs to aDapt Among those small businesses which have taken steps to deal with the impact of the recent decline in the loonie, the

businesssavvy

KeY poll FinDings Percentage of Canadian small business owners worried about the value of the Canadian dollar as it relates to their business, by region: National

36%

Atlantic Canada

33%

Quebec

27%

Ontario

40%

Manitoba/Saskatchewan

50%

Alberta

33%

British Columbia

40%

Percentage of Canadian small business owners who have not taken any steps to protect their business from the fluctuations in the value of the Canadian dollar, by region: National

65%

Atlantic Canada

90%

Quebec

78%

Ontario

56%

Manitoba/Saskatchewan

67%

Alberta

75%

British Columbia

45%

CIBC poll finds that the most popular actions include reduced spending (14 per cent), pricing alterations (13 per cent) and sourcing new or alternative clients or suppliers (10 per cent).

“Reducing spending or raising prices are a natural reaction to dealing with a change in cash flow, but may not be sustainable in the long run,” says Ms. Swanlund.“There are steps you can take to mitigate the impact of currency fluctuations on your small business through improving your cash flow management, and evaluating your foreign exchange needs to building a plan with your advisor that reduces the impact of a falling dollar on your business.”

to prepare For Fluctuations in the Value oF the canaDian Dollar, ciBc oFFers the Following tips: ›› Have a currency plan. Small business owners should include in their business plans a strategy to manage currency fluctuations. Your bank can help - for example, CIBC small business advisors work with owners to explore options such as holding US dollar accounts and having access to capital to address fluctuations in cash flow. CIBC also offers online tools

such as FX Online, a foreign exchange service for currency purchases, and free business planning tools, such as the CIBC Your Guide to Business Planning, found in the CIBC Small Business Advice Centre. ›› Monitor that plan on an ongoing basis. If Canadian dollar fluctuations could have a significant impact on your business, monitor the environment, discuss with your advisor and make adjustments based on changes in your business needs. ›› Build flexibility into your business model.

Currency fluctuations and other unexpected expenses can catch small business owners off guard. Be sure your business can withstand temporary fluctuations in cash flow by having access to an emergency reserve fund, whether it is accumulated savings or a line of credit.

CIBC Small Business Services: For more than 140 years, CIBC has been providing small business owners with the advice, services, and support they need to thrive and grow. CIBC recognizes that the business and personal finances of small business owners are often intertwined, which can present both opportunities and challenges.

We believe that the best advice comes from someone who understands your needs as a business owner and as an individual.

CIBC provide small business owners with the services of a dedicated CIBC Small Business Advisor, who acts as a single point of contact for all small business owner needs. This experienced professional is committed to understanding the business and the industry in which small business owners operate, as well as their personal financial goals. CIBC business advisors work with small business owners to find integrated solutions to help them achieve their vision for their business and their life.

The poll was conducted by Leger through a Web survey from February 12 to 19, 2014 among a representative sample of 500 English- or French-speaking business owners or decision-makers in Canadian companies (not publicly traded or NGO) with 500 employees or less. The results were weighted according to region and number of employees to ensure a sample representative of the entire population under review.

CIBC is a leading North American financial institution with nearly 11 million personal banking and business clients. CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada, and has offices in the United States and around the world. You can find other news releases and information about CIBC in our Media Centre on our corporate website at www.cibc.com.

20

Volume 14 Issue 04

10863226_1714

Commercial Real Estate & Business Opportunities

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

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

Southwest Ontario

Business is at a Crossroads...

It’s called Woodstock, Ontario

Office: 519.539.5646 GREAT CASH FLOW!

SHOWCASE YOUR BUSINESS HERE! Approx. 2300 sq. ft. in this well-maintained, one-floor building. Super corner location just off Dundas St. Interior houses showrooms, offices & warehouse with overhead door. C3 zoning offers many possible uses.

Also available for lease.

Call Dave for details.

Income! Income! Income! Attention investors! Here is an opportunity to own this multi-family property with excellent cash flow. The single family house has spacious main floor & 2nd floor bedrooms. Main floor features LR, DR, kitchen & office/library, hardwoods & natural wood trim. Basement is currently rented as a 2 bedroom unit.

The side by side duplex features 2 three bedroom units that have been recently renovated & decorated.. Both buildings have new shingles. Main house has a brand new high-end boiler system. Bonus - 2 car garage with loft might also gain rental income.

1714_DJW_0103

SUPER LOCATION

1714_DJW_3_0028

BUILD YOUR BUSINESS HERE

Looking for professional office space in Woodstock? These units feature 1100 + 850 sq. ft. of finished offices with ample storage, washrooms, and a lunch room. Elevator, handicapped washrooms, generous foyer, large windows for natural light and ample phone/electrical outlets. Landlord is willing to discuss and implement a different configuration or leasehold improvements. Call Dave.

1714_DJW_3_0090

$79,900. Approximately 1 acre of flat, vacant land located on a major road on the west end of Woodstock. Zoned Highway Commercial C4, there are dozens of opportunities to build your business right here!

Call Dave.

1714_DJW_3_0091

Alex Faux

Dave Kerr

SaleS repreSentative Professional Group Inc. Real Estate Brokerage Commercial Investment Network

519.756.3900

Independently Owned & Operated

SaleS repreSentative Professional Group Inc. Real Estate Brokerage Commercial Investment Network

519.754.6813

Independently Owned & Operated

8302299_1714

MULTI PURPOSE INDUSTRIAL/MANUFACTURING GAS STATION AND VARIETY STORE LOCATED COMPLEX JUST REDUCED $750,000 ON ONE OF THE BUSIEST STREETS IN PARIS

Located in an established Paris industrial park over 160,000 sq ft, 2 unit building on 7+ acres w/outdoor fenced storage. Go to www.21scottave.com or for an info package inc floor plan alex.faux@century21.ca.

Contact Alex for investment opportunities for any budget.

Thinking of selling call for a free consultation.

• Potential duplex or student rental in Brantford www.72pearlst.com.

• Possible single family rental in West Brant www.80bissetave.com 1714_DJW_0112 1714_DJW_0113

Great opportunity to operate your own business. Gas station and variety store located on one of the busiest streets in Paris.

Close to shopping as well as a major through way for motorists travelling to camp grounds & other urban centers close to Paris (Cambridge, Kitchener, Guelph). The property has a Service bay attached with a hoist that could be used for additional repair services or expansion of variety store offerings. dave.kerr@ century21.ca 1714_DJW_0086

Please say you saw it in The Commercial Investor

Volume 14 Issue 04

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Hamilton COverIng: Ancaster • Caledonia • Cayuga • Dundas • Dunnville • Grimsby • Hamilton • Haldimand • Stoney Creek For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor

21

22

Commercial Real Estate & Business Opportunities

Volume 14 Issue 04

Building value on a rental property… It’s all about the NOI C: 905.870.5852 | F: 905.631.6505 Visit our website: www.investprorealty.com Follow me on: http://twitter.com/#!/DinoNicosia

Building value on a rental property…It’s all about the N

Dino Nicosia, Broker Of Record, President | Investpro Realty and Appraisal Ltd., Brokerage

8171452_1714

Hamilton

For example, let’s assume you purchased a 20 unit apartment building wh annual NOI of $100,000.00, and the purchase price of this property was $ Therefore based on this purchase price, you are receiving a 10% return on other words, the Cap Rate on this purchase was 10%.

Combined with the Cap Rate, the NOI will be instrumental in establishing property’s value. Therefore if you want to increase the value of your tena you must improve your NOI.

There are three major ways to increase the NOI: The real estate market is divided into many submarkets, such as commercial, There are three major ways to increase the NOI: 1. Find ways to increase rents without affecting the vacancy. industrial, vacant land and residential. The sub market for residential can 1. Find ways to increase rents without affecting the vacancy. be separated into two categories; the owner occupied and tenant occupied 2. Reduce property expenses without neglecting the property.

Reduce property expenses without neglecting the property. properties. The value of the owner occupied propertyBroker is mostly determined Dino Nicosia, of Record,2.Investpro Realty and Appraisal Ltd., Brokerage 3. Do not rent the equipment…own them. by supply and demand. This demand is significantly influenced by disposable 3. Do not rent the equipment… own them. income, interest rates, consumer confidence and political and economical The real estate divided into many submarkets, such as commercial, ind climate. Although the tenant occupied property value is market influenced byisthe same factors, in addition it is affected more importantly by the income land and residential.

The itsub market for residential can be separated into two ca generates. With this type of residential property you are not just buying the tenant occupied properties. bricks and mortar, you are alsoowner buying theoccupied income that is and being produced from the rent. Therefore a tenant occupied property is also classified as an The value of the owner occupied property is mostly determined by supply and de investment property.

demand significantly by disposable income, interest rates, consume Since the value of an investment property isislargely determined byinfluenced the income it produces, we shouldand relate this to running a business where the political and economical climate. Although the tenant occupied property valu goal is to end up with money in our pocket at the end of the month. After collecting the rent and paying by all the bills,same the amount of money in left addition over, the factors, it is affected more importantly by the income it g (before making the mortgage payments), is called the Net Operating 1. Increasing this type of residential you arerents: not just buying the bricks and mort Income (NOI). To determineWith an accurate NOI, the expenses must include property property taxes, insurance, maintenance, vacancy reserve, utilities, garbage 1.

Increasing rents: also buying the income that is produced from the rent.

Therefore a tenant Webeing will demonstrate the tremendous impact on value from rent increases, with removal, lawn service, plowing, wages and management fees if any.

The ownership of a recently purchased 21 unit apartment building, created a bu We will demonstrate the tremendous impact on value from rent increases, property is also classified as an investment property.

The NOI is directly tied into the Capitalization Rate (also referred to as the with all units that became vacant and attempt to maximize their rents.

They knew th this real life example. The ownership of a recently purchased 21 unit Cap Rate). The Cap Rate essentially represents the percentage return on apartment increasing the NOI, which wouldplan escalate the value theirthat property. building, createdinaturn business to renovate all of units an all cash purchase (not takingSince mortgage debt into account). refer became the value of anSimply investment property is attempt largely determined byThey theknew income it produc vacant and to maximize their rents. the great The plan of was to renovate and increase eachwould unit byescalate an average of $100.00 per m to the Cap Rate as being the return on the investment, and note that the potential increasing the NOI, which in turn the value of relate this to running a businessyear). where the goal is to end up with money in our pocket a Assuming that the current market Cap Rate is 7%, the value of the propert Cap Rate will be determined by the current market sales in the area of the their property. subject property. by justall increasing rent on unit ($1,200.00 divided by 7%over, cap rate( month. After collecting the rent$17,000.00 and paying the bills, theoneamount of money left The plan was to renovate and increase each unit by an average of $100.00 year they were able to maximize rents to ten apartment units for a total annual For example, let’s assume youthe purchased a 20 unit apartment building mortgage payments), is called the Net Operating (NOI).

To determine an ac per month ($1,200.00 per year). Income Assuming that the current market Cap $14,000.00. This amount translated to an increase in value by $200,000.00. which generates an annual NOI of $100,000.00, and the purchase price of Rate is 7%, the value of the property would escalate by $17,000.00 by just expenses must property taxes, insurance, maintenance, vacancy reserve, utilitie this property was $1,000,000.00.

Therefore based on include this purchase price, increasing rent on one unit ($1,200.00 divided by 7% cap rate). In the you are receiving a 10% return on the investment; or inservice, other words,plowing, the Cap course removal, lawn wages and fees rents if any. of one year management they were able to maximize to ten apartment units Rate on this purchase was 10%. for a total annual increase to the NOI by $14,000.00. This amount translated to an increase in value by $200,000.00.

Combined with the Cap Rate, the NOINOI will beisinstrumental establishing The directlyintied into the Capitalization Rate (also referred to as the Cap Ra the investment property’s value. Therefore if you want to increase the value Rate essentially represents the percentage return on an all cash purchase (not ta of your tenant occupied property, you must improve your NOI. Con’t on page 24

debt into account). Simply refer to the Cap Rate as being the return on the invest note that the Cap Rate will be determined by the current market sales in the area property.

Please say you saw it in The Commercial Investor

Volume 14 Issue 04

Andrew & Debra

23

Commercial Real Estate & Business Opportunities

Direct 905-945-7579 Office 905-545-1188

Escarpment Realty Inc., Brokerage

andrew@remaxescarpment.com

Independently Owned & Operated

860 Queenston Rd., Suite A Stoney Creek, ON L8G 4A8

SaleS repreSentativeS

11278015_1714

Great opportunity for investors & business owners alike! Downtown location w/great visibility & ample parking. 2 res units up & comm on main level.

Operate your business virtually rent free & let the upper units carry the building. C3 zoning allows for numerous uses.

24 hrs notice to view upper units.

11273535_1714

1714_DJW_1_0049 1714_DJW_1_0050

MAKE AL YOUR FIRST CHOICE!

SEARCH FOR AL ON

FOLLOW US ON FIND US ON

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

GOOGLE

DIRECT LINE VISIT

www.alcosentino.com

ESCARPMENT REALTY INC. BROKERAGE INDEPENDANTLY OWNED & OPERATED

EAST MOUNTAIN

“CONTRACTORS/SERVICE SPECIAL” Amazing approx 3000 sq ft of useable space was used as professional office & living residence. Huge 2 car garage w/steel beams. Ask for Al’s on-line marketing today!

TOLL FREE

905-570-9997

1-855-570-9997

EMAIL

STONEY CREEK

al@alcosentino.com

CENTRAL EAST HAMILTON

Fully rented gross income $4760/mth return 11.6%. Seller pays utilities. Fully furnished. 9 bachelor units, 9 full 4 pc bath.

Seller retiring. Make Al your first & only choice!

SOLD ION ON CONDIT “DEVELOPMENT SITE”

559,997 OR

$

MAKE AN OFFER

EAST HAMILTON

1714_DJW_2_0042

Prime Industrial/Commercial corner site.

High traffic exposure 1.8 acres. Near Hwy & Lake Ontario. Zoned (M3). Ask for Al’s on-line marketing today!

EAST MOUNTAIN

379,997

$

799,997

$

OR MAKE AN OFFER

“AMAZING RETURN 11.6%”

1714_DJW_1_0136

EAST NORTH HAMILTON

1714_DJW_0130

STONEY CREEK MOUNTAIN

“AMAZING PRICE”

99,997

$ 50 X 99.87 lot w/storage building approx 1560 sq ft. Only hydro. “K” OR MAKE AN OFFER industrial zoning was residential house on it - Lot of record. Easy access. Make Al your first choice to get it done! 1714_DJW_2_0035

“AMAZING CORNER FOR PROJECT”

“INVESTMENT/PERSONAL USE”

“AMAZING VACANT 2 ACRES”

Corner exposure high traffic $ used as car lot or for many other uses. Zoned “H” Commercial OR TRADE/CASH 145 x 100 development project.

Ask for Al’s online marketing today.

1714_DJW_4_0066

Industrial garage warehouse $ approx 2300 sq ft w/grade loading OR BEST OFFER 12 ft door & 2,000 sq ft of office above. Fully rented. Seller will hold 1st mgt. Ask for Al’s on-line marketing today! 1714_DJW_4_0017

Approx 2 acres irreg vacant $ flat land zoned rural industrial. OR MAKE AN OFFER Excellent future development.

Great investment to hold.

Growing area. Make Al your #1 choice!

1714_DJW_0131

499,997

219,997

549,997

“CALL AL TODAY, PUT YOUR COMMERCIAL INVESTMENT PROPERTY ON THE MARKET! Please say you saw it in The Commercial Investor

Hamilton

GREAT OPPORTUNITY GRIMSBY $450,000 - IS THIS YOUR CASH COW?

24

Commercial Real Estate & Business Opportunities

Before an investor undertakes this task, they should ask themselves; → Is it worthwhile to spend money for renovations if the rents can be increased as a result of the renovations? . → Do the increased rents justify the expense? → Will the increase in value as a result of the renovations justify the expense?

First let’s establish how long will it take to recoup the renovation costs? The answer comes down to doing the math.

Hamilton

In the above example the renovation cost was approximately $3,000.00 per unit. After the renovation was complete the rents were increased by an average of $100.00 per month or $1,200.00 annually. It will take 30 months to recoup the expense or in other words the payback on the investment is 2.5 years. That equates to an approximate 40% annual return on the renovation investment, ($1200/$3000 = 40%).

But most importantly the total value of the property based on a 7% cap rate had increased by $200,000.00. In this example, it’s clear that the renovations at a cost of $3,000.00 per unit ($30,000 for all 10 units) was a prudent investment

2. Reducing Expenses: Reducing property expenses is often the most cost effective way to improve the NOI and increase value. ✔ Utilities: Assess how much you are paying for heat, water and hydro and then establish how you can reduce these charges. → Water: Conduct routine checks for water leaks and running toilets in each unit → Heat: Check for loss of heat from windows, dirty radiators, old boiler system → Hydro: If you are paying for the unit hydro, remember that old fridges consume more; charge extra for the use of A/C window units and check the timer to the common area and exterior lights. Educate your tenants on the benefits of energy conservation. ✔ Realty Taxes: Are you paying too much realty tax? Let’s face it, paying too much realty tax on investment properties could significantly impact the NOI and dramatically reduce value. Unfortunately most investors take this large expense for granted and assume that the assessment on their investment property is correct and never bother to investigate it.

Volume 14 Issue 04

Should you not agree with the results from the reconsideration process, you still have the option for an appeal. The appeal process is more involved and will not be covered in this article.

In reference to the application for the Request for Reconsideration by my client I am pleased to say it was a huge success. The owner received a revised tax assessment and a refund cheque for over $11,000.00. It was not just the refund that was gratifying, the increase in the NOI as a result of the realty tax reduction translated to a huge rise in value. By taking the revised net income and using a market cap rate of 7%, this equated to about a $150,000.00 increase in value!

3. Rental Equipment: Another relatively easy way to reduce your expenses and increase the NOI is to eliminate rental equipment. Make a plan to owning them instead.

We continue another real life example of how the property value was increased for a 21 unit apartment building. The hot water tank rental was approximately $300 per month (including taxes) which equated to $3,600 per year. The cost to purchase and install the equipment was approximately $4,000.00. The purchase of this hot water tank was a great investment simply because of the approximate one year payback! But more importantly, this change also increased the property value by simply reducing of the operating expenses (or increasing the NOI) by $3,600.00 per year.

How much would the property value increase after this relatively low investment? To assess the impact of the $3,600.00 of extra income that was generated by reducing the annual hot water rental expense, we need to divide this amount by the market Cap Rate. Let’s assume the current market Cap Rate is 7.0%, therefore by dividing by this Cap Rate the value had increased by $51,000.00, just by improving the NOI. ($3,600/7.0% = $51,000.00).

The above scenarios demonstrate how simple investment undertakings produced a tremendous return rate and helped generate a huge increase in The above scenarios demonstrate how simple investment undertakings produced a property value. One can now clearly see that increasing rents and or lowering rate and helped generate a huge increase in property value. One can now clearly s expenses, (even if it requires expenditure to do so), is a wise decision. rents and or lowering expenses, (even if it requires expenditure to do so), is a wise d

On the first real life scenario, the property was just sold for a $300,000.00 On the first real life scenario, the property was just sold for a $300,000.00 profit, afte profit, after only one year of ownership. ownership.

Remember, it is all about the NOI. Remember, it is all about the NOI.

The reality is that many landlords are paying too much realty tax without being aware of it. As an owner, you should make a point to investigate if you are paying too much realty tax on all your properties.

I would like to share another real life experience of how an owner reduced his property tax by over $10,000.00 per year.

In a transaction about 4 years ago, I noted that the property tax on my client’s new acquisition (a 20 unit apartment building in Hamilton On) appeared to be extremely high, based on my many comparables. Doing a quick check I calculated that the realty tax was about $12,000.00 too high. The first step was to ask MPAC to review the assessment through a simple on line application called Request for Reconsideration (RfR)” Do your homework by obtaining the assessments on similar properties.

If you are convinced your property is over assessed, then simply go to the MPAC website and follow the instructions; download, and fully complete the (RfR) form. A local assessment officer will be appointed to review your application. Once the officer completes his investigation you will be notified on their decision.

Please say you saw it in The Commercial Investor

8171394_1714

9558936_1714

And Appraisal Ltd. Brokerage

The Apartment Building Specialists

Dino Nicosia, Broker of Record

Direct: 905-870-5852 Email: dino@investprorealty.com 8 UNITS, SOUTH CENTRAL HAMILTON

Kandy Thompson,

Sales Representative

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

al

ld n so itio d on

c

6 UNITS, WEST HAMILTON

ld

1714_DJW_1_0109

1714_DJW_1_0108

24 CONDOS IN FORT ERIE

so

Tenants pay for own utilities. Good condition. 6 Buildings with 4 untis per building. Centrally located in For details visit our website.

Fort Erie near Q.E.W., Hospital and across from the Fort Erie, Racetrack/Casino. For details visit our website.

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

e om gn nc f si i a o tr o ex om r r f

Most apartments are renovated. Spacious units. 8% Cap Rate.

8 CONDO TOWNHOUSE COMPLEX, EAST HAMILTON 1714_DJW_3_0084

6 UNITS, EAST HAMILTON

1714_DJW_3_0054

i

Rents below market. Shows well. Great upside. Visit our website for more information.

1714_DJW_0137

12 UNITS, HAMILTON pr

th ve or ri w ed th

30 minutes from Hamilton. Only 8 years old.

For more details visit our website.

East Hamilton near Ottawa St. shopping district. Visit our website for details.

ce

24 UNITS, LONDON d t li en so stm ve in

1714_DJW_4_0057

1714_DJW_1_0059

odlow go hf s ca

Well maintained, only minutes to Mac. For details visit our website.

46 UNITS, DUNVILLE

19 UNITS, HAMILTON

1714_DJW_1_0110

“Your investment partner for life”

www.investprorealty.com

1714_DJW_2_0071

Investpro Realty

w ne

25

Commercial Real Estate & Business Opportunities

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

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

Hamilton

Volume 14 Issue 04

26

Commercial Real Estate & Business Opportunities

Volume 14 Issue 04

8171399_1714

Re/Max escarpment Realty Inc Brokerage

Hamilton

120 MOHaWK POInt Lane, DUnnvILLe $1,390,000

4011 HIGHWaY 6, HaGeRSvILLe $1,975,000 Valuable 10.06 ac comm. prop in E. Hagersville. 60-90 mins S. of Toronto. Incs 3 bldngs - BLDNG#!-14.000sf w/20 offices, 5 baths, 3 kitch - 3 sep. security zones-incs 4000 sf htd warehouse. BLDNG #2-9400sf-7 bays, ULoffices-rented to quality tenant. BLDNG#3-1800 sf + 1300sf lean- to. Huge pvd lot. Enviro reports avail. Zoned MG. Showings by apptmt only.

1714_DJW_0082 1714_DJW_10100

1080 HaLDIManD ROaD 20, HaGeRSvILLe $99,900

334-338 MaIn StReet, PORt DOveR $499,000

Prime Retail/Comm. property in the centre of dwntwn P. Dover. Sit. on 66’x325’ lot-inc ext. renoed brick/stone building, 2 garages (62’x28’) (22’x31’) w/5 bays, fts 4800 sf retail storefrnt, updtd roof covering, HVAC, electrical, plumbing, display windows-UL 2 bdrm aptmt-$1200/ mnth+utes. Superbly priced!

1714_DJW_1_0044

COMMeRCIaL/InveStMent POtentIaL In JaRvIS Rare .79 ac plan of subdivision approved parcel of developed land. All services at or near lot line.

Allows for const of 24 unit condo res complex comprosed of 6-1000 sqft units/ flr. Outside pkg for 38 vehicles. Buyer resp for all charges/ permits/due diligence pertaining to future use. Survey avail.

1714_DJW_1_0082

Plan of subdivision approved .84ac parcel of comm zoned land allows for the const of approx 8500 sqft comm strip mall. Perfect for 4x2100 sqft sep units. Inclds 30 outdr pkg spaces. Buyer/ buyer solic to verify and/ or respons for future dev charges/levels/bldg permits & due diligences for intended use. Survey available.

4905 HIGHWaY 3, CaYUGa $449,000

Turn key 3.24ac comm. investment prop. Just W. of Cayuga Bridge. Offers 548’ of hi-visible Rd. frntge. Incs. main dwelling w/rntd restaurant, 3 apartments (2 rented), ice cream shop (vacant), pedestal solar panel w/ 17 yr contract & hwy billboard. Potential-Gross $52K/Net-40K. Poss. VTB Mortgage avail.

1714_DJW_2_0057

113 MaIn StReet, JaRvIS $289,000

#2 el 00 rc ,0 Pa 299 $

P $3 ar 99 ce ,0 l # 00 1

Valuable .61ac Nelles corner prop. w/Hwy 3 & Hald Rd. 20 frontage boasts hi-visibility/traffic volume-mins W. of Cayuga.

2 merged parcels. #1-zoned MR w/34x60 post & Beam 2.5 stry barn-ex cond/gorgeous orig. wood int./new steel rf-’12. #2-zoned RH allows for poss single fam dwelling w/24x36 triple car garage w/3drs, conc flr & hydro.

1714_DJW_0083

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 1714_DJW_1_0666 dck-inc full bsmt.

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.

1714_DJW_1_0081

14 ROBInSOn St, SIMCOe $169,500

267 COnCeSSIOn 6, JaRvIS $289,000

Unique private 1ac property on paved rd. Zoned for legal boarding/rooming house. Buyer to verify. Incs 5500 sf reblt-07 institutional designed 2 stry dwelling w/10 bdrms, 5 baths, comm. kitchen, fin bsmt, pvd drive. Thousands spent to meet code incs comm. security sys, windows, floors, water/septic-system-less then 2 hr commute to TO/London.

1714_DJW_1_0014

Great mixed use property offers a hi-exposure street lvl comm unit with long term tenant in place & 2 res units on the upr lvl. 1 bdrm currently rented out & freshly reno’d 2 bdrm that is available for rent.

Parking in the rear produces income.

1714_DJW_2_0091

95 QUeenStOn ROaD, HaMILtOn $119,900

Turn key pre-owned auto sales biz. 13 yrs at current location (18 yrs total) lease incs 50’ x 100’ paved lot, 10’ x 20’ htd office trailer - long term lease available. Price incs approx. $90K of pre-owned cars (sold certified @ wholesale price), phone #, clientele lists, ext. signage. No P & L/ No VTB. Lrg inventory = instant cash flow. 1714_DJW_1_0007

Please say you saw it in The Commercial Investor

Volume 14 Issue 04

27

Commercial Real Estate & Business Opportunities 8646600_1714

state realty brokerage G IN

O UR C O M

M ITY UN

987 rymal road east hamilton, on, l8W 3m2

SER V

independently owned and operated

FOR OVER 40 YEARS

905-574-4600

george kyprianou

sales representative

COMMERCIAL SPACE FOR LEASE 3,000 sq ft on Garner Rd W in a strip plaza, west of Walmart. High traffic, has a lot of potential. The space was used as a woman’s fitness. It could be good for offices or retail.

For more information call George Kyprianou at 905 574-4600

ER

ST

A NC

A

Asking price $294,900. Approx 2,700 sq ft. One floor, high ceiling.

Fully finished basement. Corner property with lots of parking.

It used to be a bank.

To view call George Kyprianou at 905 574-4600

oF TS iNG o l RK pA

1714_DJW_0016

APPROX. 5,000 SQ FT.

This property is zoned commercial, suitable for many uses. From retail to mechanical. Feature two separate entrances off two busy streets. 18’ plus ceiling, 14’ 6” overhead door. Plenty of parking, all fenced in. Located between downtown Hamilton and the new football stadium.

For details call Tony Nigro @ 905 574-4600. 1714_DJW_0017

E

oR

F

S EA

l

Valerie Dalgetty-Righton

TM

SALES REPRESENTATIVE

905.522.1110 Toll Free 1.877.935.1110 valerie-dalgetty@coldwellbanker.com

11285496_1314

1,295,000 BUILDING AND LAND

$

161 HWY #8 DUNDAS - RARE OPPORTUNITY!

Medical/Dental Clinic, Retail, Restaurant, Garden Depot, Veterinary Clinic, just some of the approved uses for this 1.07 acre zoned Commercial Settlement in prime rural location, 2 min to Dundas on high traffic road. Brick and concrete 8000 sq ft building and abundant on site parking. Two vehicle loading ramp, rear garage holds up to 6 vehicles. Purchase now and make your plans while leasing back to Seller. Showings only after 6 p.m.

0914_DJW_0006

Call Valerie Dalgetty-Righton, Sales Rep, Coldwell Banker Pinnacle Real Estate, Brokerage, at 905 522-1110 for your personal viewing.

Please say you saw it in The Commercial Investor

Hamilton

1714_DJW_0015

SOLID BUILDING “H” COMMERCIAL

28

Commercial Real Estate & Business Opportunities

Volume 14 Issue 04

Hamilton 11236833_1714

Please say you saw it in The Commercial Investor

Brook Building-mag_09-20-13.pdf

Volume 14 Issue 04

9/17/13

2:08:09 PM

29

10339498_1714

11277225_1714

Hamilton

Commercial Real Estate & Business Opportunities

FOR

FURTHER INFORMATION:

JOHN HRYCZYNSKI BROKER

(905) EMAIL:

REAL ESTATE BROKERAGE COMMERCIAL

240

JOHN@BBSREALTY.COM

WWW.BBSREALTY.COM COMMERCIAL REAL ESTATE

REAL ESTATE SALES AND LEASING SERVICES INVESTMENT PROPERTY FOR SALE 1714_DJW_1_0065

EAST HAMILTON - MIDTOWN Retail and residential investment property in mid-town area. Located on busy Main St. Excellent exposure. Building has 3 retail units & 2+1 bdr. apt. Ideal for Owner/User. 2673 sq ft retail unit available for owners use or Lease. Retail units have full usable basements.

Apartment requires upgrades. Possible VTB mortgage. Current Proforma net rent est. $57,871. Asking $650,000. Call for details.

INDUSTRIAL BUILDING FOR SALE

RETAIL/OFFICE FOR LEASE

RETAIL/OFFICE FOR LEASE 1714_DJW_3_0066

FULLY EQUIPPED RESTAURANT Newly renovated building located in the sought after Locke Street Entertainment & Shopping District contaning a fully equipped restaurant suitable for most restaurant styles. Prime corner location & exposure with large ground floor windows, great views, walkout to patio & rear parking. Loads of charm & character inside & out. Seller may take back mortgage. Price reduced to $899,900. Also for Lease with option to purchase. Call for details.

1714_DJW_0133

PRIME WEST HAMILTON ENTERTAINMENT DISTRICT location close to several new high-rise downtown developments, corner lot with excellent exposure. Ideal mixed use investment for an owner user. Splendid Victorian bldg. w/loads or charm and character in good condition. Bldg. contains 3-2 bdrm & 1 bach occupied apt’s and 2 ground flr. Commercial units. Commercial units vacant ready to lease or owner use. Units are suitable for a bar/restaurant or most other retail/office uses. On-site & street parking. Asking $1,125,000. Call agent for details.

1714_DJW_0132

1714_DJW_2_0064

BUILDING FOR SALE/LEASE

1714_DJW_3_0088

INVESTMENT PROPERTY FOR SALE

529-5900 X

MIDTOWN HAMILTON INDUSTRIAL BLDG. Well maintained, centrally located, multipurpose industrial building w drive-indoor, 4 offices and clean workshop. Ideal for a small business operation, zoning permits most light industrial uses. Bldg. approx. 1,892 sf w up to 3 on-site parking. Immediate possession. Asking only $149,900 w a possible VTB for qualified buyer.

EAST HAMILTON MOUNTAIN Very busy plaza, prime east mountain location. Many national tenants in complex with a good mix of retail & office uses. Units available: ground floor retail/office units: 330 sf; 1283 sf & 3200 sf asking $10.95/sf-$13.95/sf net and 2nd floor office units: 450 sfr.; 1423 sfr. & 2550 sfr. from $14.95 - $16.95/sfr Gross. Abundant on-site parking. Immediate possession.

170 SILVERCREEK PARKWAY NORTH, GUELPH Located on a major arterial road across from Willow West Mall. Many national tenants on this power retail strip. Available space: Unit 2-2151 sf, end cap unit ideal for variety store; Unit 6-3400 sf, ideal for bar/ restaurant or most other retail/office uses and Unit 7 - 4555 sf, divisible, ideal for most retail/office uses. Affordable rents, asking from $12.95 $13.95/sf net. Abundant parking, immediate possession. Call for details.

Please say you saw it in The Commercial Investor

30

Volume 14 Issue 04

Commercial Real Estate & Business Opportunities

9742018_1714

cosmo costa SaleS repreSentative

905-662-6666 www.cosmocosta.ca “Your Investment Property Specialist”

state realty brokerage

1314_DJW_2_0003

Pride of ownership best describes this investment bldg consisting of 2-2 brs, 2-1 brs, 1 bachlr unit. Solid brick constr. Updated plumbing & electrical services. 4 hydro meters & steel rear fire escape. This property must be sold together w/823-825 King E. as a package.

TOTAL INCOME = $34,560 NET INCOME = $27,724.93 Excellent 5 unit bldg on a main route. Consisting of 4-1 bedrm & 1-2 bedroom units. Solid construction w/3 hydro meters.

Contact listing sales rep. for info on these 2 bldgs. They have to be sold together w/827 King as a package.

TOTAL INCOME = $34,560 NET INCOME = $27,724.93

sCArbOrOugh rETAIL pLAzA Approx 11,000 sq ft. N.O.I. $137,000.

Centrally lctd all brick contr legal nonconforming triplex consisting of 2-3 bdrm units. Updtd plumbg & elec panle, 100 amps.

Rear steel fire escape.

Many other updts have been done.

TOTAL INCOME = $29,100 NET INCOME = $23,040

Within the grid of Downtown solid legal 4 plex consisting of 3-1 Br & bachelor. Many recent renovations. Roof reshingled 5 years ago, furnace also 5 yrs new, all updated wiring and plumbing. Seller will assist w/financing.

TOTAL INCOME = $29,100 NET INCOME = 1314_DJW_1_0087 $22,164

1314_DJW_1_0089

Hamilton

exclusive 4-plex

Centrally located large four family home with separate hydro meters, large 2 car garage at rear of property. Nice rear yard. All separate entrances. Zoned legal non confirming 4 units. For more detail contact Exclusive Sales Representative Cosmo Costa.

Centrally located legal duplex that has been totally renovated.

Reshingled roof 2013, electrical & plumbing updated, separate entrances. A real pleasure to show.

TOTAL INCOME = $20,400 NET INCOME = $15,516

1314_DJW_1_0088

OAkvILLE CONdO rETAIL pLAzA

Approx 3,600 sq ft. Gross income of $109,200.

1314_DJW_1_0085

Lrg 2 1/2 storey all brick constr semi-detached home. Upper level tenants pay $1400 all in & lwr level $1300 all in. Updtd elec & plumbg, Hi eff furnace, newer windows.

Lower unit has to be finished - It’s roughed in.

TOTAL INCOME = $32,400 NET INCOME = 1314_DJW_1_0086 $27,504

hEss vILLAgE

Large Resto/Lounge. Trendy bar/restaurant w/150 occupancy plus 8 washrooms, great upside.

Please contact exclusive sales rep.

principals only please businesssavvy

Merchants have rights with credit and debit payments

W

hen processing debit and credit card payments, merchants have options and they also have rights.

Find out more about the Code from the Financial Consumer Agency of Canada on its website, itpaystoknow.gc.ca. Look for information about the credit and debit card industry, a merchant’s rights when dealing with that industry, as well as tips for choosing a payment service provider. NC

If you are a merchant, it’s worth knowing the terms of your agreements for payment processing services. The Code of Conduct for the Credit and Debit Card Industry in Canada requires that merchants receive a minimum of 90 days’ notice of any new fees or fee increases related to credit or debit card transactions, and this 90-day period begins when the merchant has been provided with sufficient information about the change to allow the merchant to reasonably assess the cost implications for them. Merchants are allowed to cancel their contracts without penalty within 90 days of receiving notice of a new fee or a fee increase that was not provided for in the agreement.

In addition, when a service provider is offering a package that includes contracts with more than one party, it must give the merchant a consolidated summary of key information about each contract before they enter into an agreement.

Please say you saw it in The Commercial Investor

Volume 14 Issue 04

31

Commercial Real Estate & Business Opportunities

Visit my website

Augie

276 Main St. W. Hamilton, Ontario (just West of Queen St.) L8P 1J8

Ammendolia BROKER

905-518-6713 Off: 905-522-6001

HAMILTON CENTRE 9 UNITS

D

SOL

$669,000 Magnificent Century home converted to 9 well-appointed modern apartments. High ceilings, marble fireplaces, tenant parking, separate hydro meters, on site laundry.

Trendy South Central Hamilton near International Village/Downtown and Stinson School loft condo development.

1314_DJW_1_0041

HAMILTON CENTRE RETAIL SPACE FOR LEASE $850/MONTH

2 Commercial units for lease @ $850/month/unit. Across from McDonald’s & near Ivor Wynne Stadium. Large open space store with full basement & rear parking.

High visibility corner property.

$489,900

Impressive mixed use H commercial property on major artery previously used as Real Estate offices.

Presently used as 2 Family dwelling, excellent condition and improvements. High visibility and traffic count.

Approx 2900 total SF of finished space. Huge double car garage easily converted to further office/professional use.

1314_DJW_1_0067

HAMILTON CENTRE 8 UNITS APT. BLDG

Charming 8 unit building. Newer roof, gas water heat boiler, garage, 8-2 br. units, 6 of the 8 units have hardwood floors, dining rooms and balconies separate hydro meters. Tenants pay own hydro. Two apt. units at basement have been completely renovated. Balconies comeplety fixed & restored last fall. Three units have been updated with new kitchen cabinets and 1314_DJW_3_0044 bathroom fixtures.

NG MI N O C OO S

$595,000

Great Redevelopment Opportunity on this corner commercial property in Prime West Hamilton location near McMaster Hospital and University. Presenty a 48 seat Restaurant/Bar coffee establishment with outside patio.

Owner retiring price includes Land. Building and Chattels.

Asking price includes Real Estate and business. Pls. contact Listing Broker Zoning, Survey 4913_DJW_0049 and floor plan information.

HAMILTON CENTRE - BANQUET HALL/RESTAURANT/BAR

1314_DJW_2_0043

HAMILTON CENTRE COMMERCIAL/RESIDENTIAL

RESTAURANT/BAR/ DEVELOPMENT OPPORTUNITY WEST HAMILTON

$575,000

Located near the new Centre Mall redeveloped Power Centre & walking distance to the vibrant Ottawa St. BTA. Established bar/banquet facility approx 20,000 SF Licenced bar - 393 persons, banquet hall - 400 people w/additional 60 persons on mezzanine. 50 parking slots at rear. 2 commercial units leased at $900 and $450 monthly. Price includes 1314_DJW_2_0068 business and real estate.

HAMILTON CENTRE - COMMERCIAL/ RESIDENTIAL BLDG.

$1,295,000

HAMILTON CENTRE 11 UNIT APT. BLDG.

G IN M CO OON S

11 unit apt. building (6-2 BR, 5-1 BR) in trendy South Central location, walking distance to downtown, shopping, parks. Many upgrades e.e., kitchens and baths, 2 new boilers in 02, newer commercial water heater, thermo windows, newer roof steel overhang, separate hydro meters.

Tenants pay hydro.

1314_DJW_3_0042

HAMILTON CENTRE 3 STORES/3 APTS

$449,900 Excellent corner building.

Lots of improvements 3-2 br apts. Completely renovated.

All untis have independent heating and hydro. Across from McDonalds and near Ivor Wynne Stadium.

1314_DJW_2_0048

SOUTH CENTRAL 8 - 1 BR UNITS

$665,000 Open concept kitchen/LR, balconies, hardwood floors.

Units totally constructed new in 2002 - 2003. Separate heat, hydro & water tanks per unit. Efficient aqua furnaces combining hot water & heating system.

Tenants pay all utilities.

Great location. 12,000 SF - 6 commercial units at Ground Flr plus roof sign & 8 apt units above with separate heat & hydro constructed approx. 20 yrs. ago.

Ground flr. Commercial includes fully equipped restaurant to be leased & laundromat operated by owner. Part of possible land assembly 752 King Street East and 734 King Street East presently for sale. Close to downtown. LOT 1314_DJW_2_0084 SIZE: 107.3 FT X 158 FT.

HAMILTON DOWNTOWN $1,295,000 DEVELOPMENT SITE

$795,000

1314_DJW_0076

HAMILTON CENTRE 8 UNITS

Prime corner development site with building suitable for redevelopment to retail plaza & or high rise development.

Can be purchased with adjacent property 756 King St. E. Pls. contact Augie for additional information on the proposed development.

1314_DJW_3_0083

Please say you saw it in The Commercial Investor

$675,000 Terrazzo corridos, concrete construction.

Newer windows, parking, 6-2 BR & 2-1 BR. units. Good Southeast neighbourhood.

D

SOL

1314_DJW_2_7000

8471320_1714

HAMILTON INCOME PROPERTIES

Hamilton

Cell:

32

Commercial Real Estate & Business Opportunities

Volume 14 Issue 04

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Greater toronto area COverIng: Ajax • Alliston • Bowmanville • Bradford • Bolton • Burlington • Brampton • Concord, • Durham Region • Etobicoke • Georgetown • Georgina • Keswick • Markham • Milton • Mississauga • Newmarket • North York • Oakville • Oshawa • Pickering • Richmond Hill • Scarborough • Schomberg • Sutton • Toronto • Tottenham • Thornhill, Vaughan • Whitby • Woodbridge

For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor

Volume 14 Issue 04

33

Commercial Real Estate & Business Opportunities BARRIE - RETAIL SPACE FOR LEASE 1,250 or 2,500 sq. ft. retail space. Separately metered units with individual HVAC for each. 14’ ceilings. Recently updated building with excellent insulation and low operating costs. Three minutes to Hwy 400. Located at signalized corner of Tiffin and Innisfil Street. Regular service by several Barrie Transit routes. 400 meters to Allandale Waterfront GO Train Station. For lease - $8.95/sq.ft net with low TMI of $3.40. sq. ft.

MLS# X2864741 AND MLS# X2864676

1714_DJW_0001

BUSINESS PARK DEVELOPMENT LAND 87.26 acres at the north-west corner of Hwy 10 and Hwy 89 in Mulmur. Flat land designated Industrial/Commercial in the OP with three zoning designation (Business Park Gateway, Core and Transition). Zoning By-Law ready in draft form and supported by municipality. Hwy 10 gives this site excellent access from Toronto, Hwy 89 provides access to Hwy 400. 5 minutes to Shelburne, 20 minutes to Alliston, and under 1 hour to Toronto. Low DC’s of $2.76/ sq. ft. (combines Country and Municipality). $2,600,000 ($30,000/acre).

See: www.primrosebusinesspark.com MLS# 2589650 1714_DJW_0002

BUILDER WANTED FOR EXCEPTIONAL RETIREMENT SUBDIVISION - 848 NORTH SYKES STREET, MEAFORD 33 Acre Site, Draft approved for: – 120 attached bungalows, 200 condo apartments; Club House; walking paths in beautiful forest.

– 2.5 acre Retirement residence site and 2.5 acre commercial site also available.

FOR LEASE - 120 INDUSTRY STREET, TORONTO 16,670 or 17,546 sq, ft, including 5046 sq.ft. of A/C office space. (Total: 34,564 sq.ft.) industrial space. Excellent location just off Black Creek Drive near Eglinton.

Minutes to Hwy 400 and Hwy 401. Extremely low TMI. 15’ clear ceiling height.

Bay size is 50’ by 30’. 4 truck level doors - Drive-in possible, ample turning radius.

Fenced in compound. Saw-tooth roof provides plenty of natural light (usually no need for the warehouse lights). TTC bus stop at door. Excellent transportation and access to great labour pool. $4.50 or $5.25/sq.ft. net + $1.82/sq.ft. TMI. 1714_DJW_0004

MLS # W2806716 AND MLS #W2806720

RETAIL STORE FOR LEASE - 2571 VICTORIA PARK AVE. For Lease: 1236 sq. ft. of retail space in high traffic plaza with TD Canada Trust anchor, located at Victoria Park and Sheppard. Approx 40,000 vehicles pass this plaza every day on Victoria Park. Available July 1st, 2013 at $24.95/sq. ft.

MLS# E2751071

1714_DJW_1_0017

RETAIL PLAZA FOR SALE Mississauga – 21,000 sq.ft. – No vacancy, 40% national tenants. $9,750,000 Cap Rate of 5.20% PRINCIPALS ONLY

905.882.8800 Pierre Boiron

Claude Boiron

Sales Representative

Broker

pierre@rementor.ca

TERREQUITY REALTY, BROKERAGE Independently Owned and Operated

claude@rementor.ca 11275155_1714

Greater Toronto Area

Next to: Retirement residence, clinic, medical building, golf course.

Three minutes to hospital and Georgian Bay; 20 minutes to ski hills; 5 minutes to quaint & gorgeous downtown Meaford (The Other Big Apple), which is one of the more desirable retirement towns in Ontario. Over 300 names registered for pre-sale information. See: www.meafordhavenforsale.com MLS# X2577768 1714_DJW_0003

SELLING REAL ESTATE FOR OVER 24 YEARS

Platinum Award Winner

Bill Morrison SALES REPRESENTATIVE

905-619-9500 Toronto line: 416 798 7278

morrisonb@sutton.com

A

Investment Opportunity.

40 Acres zoned for driving range, mini golf. 2400 sq ft proshop/restaurant.

Plus already has 7000 sq ft finished bungalow, 5 bedrooms, 6 baths. Highly efficient home. Site plan approved. Ready to develop. Corner property on Taunton Road next to future Hwy 407 ramps in 3 years. Siding onto subdivision.

W HA

S

IN

M

TO

Independently Owned and Operated

OS

ASKING CASH COW IN THE MAKING

$2,800,000 1714_DJW_2_0034

Attention Developers/ Investor. 1 acre site with over 200 ft on Kingston Rd. Could be apartment building, retirement home, townhome site.

Currently car lot with house. Fantastic location.

TORONTO

ASKING

$2,500,000 1714_DJW_1_0105

I URGENTLY NEED MORE PROPERTY TO SELL IN ALL AREAS,

BUYERS ARE WAITING.

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

10527900_1714

or for all inquiries email:

Heritage Realty Inc., Brokerage

SELLING REAL ESTATE FOR OVER 24 YEARS

Platinum Award Winner

Bill Morrison SALES REPRESENTATIVE

905-619-9500 Toronto line: 416 798 7278

morrisonb@sutton.com

Newly built plaza, long term fully leased.

Excellent location. $259,000. Net income.

Plaza with 5 tenants including Pizza Pizza in high traffic area.

ASKING

ASKING

$4,500,000 OSHAWA

1714_DJW_0138

$2,550,000 OSHAWA

Corner plaza in Scarboro. Excellent investment, fully leased.

OSHAWA

$2,380,000 1714_DJW_0140

1714_DJW_0139

Store front with 2 large bedroom apartments on St. Clair.

Ideal for investor!

ASKING

ASKING

TORONTO

Independently Owned and Operated

$789,900 TORONTO

1714_DJW_0141

2600 sq ft fully equipped restaurant in downtown Oshawa, on very busy prime corner.

Excellent building with huge frontage. Why Rent?

Own it!

Downtown corner property.

Fully leased with income of $72,000.

ASKING

ASKING

$598,000 1714_DJW_0142

8177227_1714

or for all inquiries email:

Heritage Realty Inc., Brokerage

OSHAWA

$975,000 1714_DJW_0143

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

36

Volume 14 Issue 04

Commercial Real Estate & Business Opportunities

11284672_1714

110 BED RETIREMENT HOME

Leading Edge Realty Inc. Brokerage

Always full because of niche client markets. Very flexible accommodation great building and location. Plans availabe for major expansion to 170 beds.

“Generic photo to protect the privacy of residents.”

Kim Chau Broker 416-298-6000

kim.f.chau@gmail.com

1714_DJW_0101

13 BED HOME CARE FACILITY - EASTERN - ONTARIO 10 DOM 3 HSC BEDS $665,000-20% CAP RATE-50% R.O.I! Great business opportunity. This Home Care Facility in pristine condition comes with a lovely owner residence on site. Ministry of Health and the City of Cornwall pay the owner directly for the residents. On site owner operators can net $120,000 per year.

Could be TAX EXEMPT. Because of minimal living expenses the on site owner operator could save $100,000 + per year.

37 BED DOM/RETIREMENT HOME

1714_DJW_2_0088

Outstanding 22 bed Dom home always full with a waiting list. Approval to add additional 15 beds with an expected N.O.I of $250,000. $1,600,000

“Generic photo to protect the privacy of residents.”

1714_DJW_0102

MICHAEL SHMUKLER, Broker of Record

michael@ShmuklerRealty.com Brokerage

110 Ridgetop Rd. Available September 2016

3.3 acres

- Fully fenced, gated entrances, great security

PRoPeRty At A glAnce: • Taxes (2012) $76,473.50 • Located in Central Scarborough • 205’ - 401 Frontage on Eastbound Lanes

info@110-ridgetop-road.ca

• Over 250,000 Vehicles Pass by Daily • Fully Fenced and Secured Yard • Many Uses Including Outside Storage

www.110-ridgetop-road.ca

Please say you saw it in The Commercial Investor

11281846_1714

Greater Toronto Area

www.ShmuklerRealty.com click Investment Properties

11258117_1714

Toll Free 1-866-960-6059 Office 519-434-3706 Direct 519-318-1622

STUDENT HOUSING/HOTEL

57 Rooms (incl. 4 self-contained units) 3 Storey building. Downtown Sudbury (commercial centre of Northern Ontario and home to several universities/ colleges). Located next to indoor outlet mall. Minutes walking distance to Bus Terminal. Currently O/A student housing (100% occupied). Many uses including hotel, retirement and etc. Recently renovated rooms, baths, common areas and 3 common kitchens. Newer furniture, WIFI, appliances, security system. In-house laundry room. Original full commercial kitchen in basement and Elevator system in place (currently not used by operator). Private parking.

Call for details.

4513_DJW_3_0017

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Commercial Real Estate & Business Opportunities

8975448_1714

$460,000

$189,900 SPACIOUS CUSTOM FURNITURE & ACCESSORY STORE. GORGEOUS SHOWROOM. IN HOUSE ESPRESSO BAR & DESIGN STUDIO. RENT 5,566 INCL TMI. LEASE EXTENSION POSSIBLE. 1714_DJW_1_0063

1714_DJW_1_0055

BRAND NEW 1,535 SQ FT UNIT IN NEWLY DEVELOPMENT PLAZA! TONS OF PARKING, EXCELLENT EXPOSURE! IDEAL FOR PROFESSIONALS & SMALL BUSINESS OWNERS!

$179,000 LOCATION, LOCATION, LOCATION. ESTABLISHED RESTAURANT FOR THE PAST 15 YEARS. BUSY THOROUGHFARE WITH LOTS OF WALK IN TRAFFIC, OVER 4,800 SQ FT, SEATS 164 PATROS, LLBO, OWNER WILLING TO TRAIN, LEASE IS VALID FOR 4 MORE YEARS WITH AN OPTION TO EXTEND FOR A FURTHER 5.

Please say you saw it in The Commercial Investor

$119,000 CONVENIENCE STORE SERVING THE COMMUNITY FOR DECADES. TONS OF TRAFFIC, TURNKEY OPERATION THAT INCLS ALL FRIDGES, FREEZER & SHELVING, ATM & LOTTO.

Greater Toronto Area

COMMERCIAL/RETAIL PLAZA SITUATED ON A VERY BUSY CORRIDOR. APPROX 0.61 ACRES OF LAND & 4,150 SQ FT PLAZA, 4 UNITS THAT CAN BE USED FOR A VARIETY OF PURPOSES, TONS OF PARKING AVAILABLE. TERRIFIC OPPORTUNITY. 1714_DJW_1_0061

1714_DJW_1_0020

1714_DJW_0022 1714_DJW_1_0062

$180,000 EXCELLENT OPPORTUNITY TO OWN A HEALTH FOOD FRANCHISE. HIGH PROFILE LOCATION. MODERN EQUIPMENT. MONTHLY RENT $6,100 INCLS UTILITIES

$699,000

$1,049,000 PRIME YONGE & SHEPPARD LOCATION. ZONED FOR COMMERCIAL USE. CAN BE USED FOR A PROFESSIONAL OFFICE. NEWER ROOF, FURNACE & DRIVEWAY.

$575,000 GREAT INVESTMENT OPPORTUNITY. MEDICAL CENTRE & PHARMACY. 1,700 SQ FT. 4 EXAMINATION ROOMS. LOW MONTHLY FEES. CAN BE EASILY CONVERTED FOR OTHER PROFESSIONS.

GREAT INVESTMENT & DEVELOPMENT PROJECT. APPROVED SITE PLAN & ARCHITECTURAL PLANS AVAILABLE FOR 11 FREEHOLD UNITS, 7 TOWNHOUSES & 4 SEMIS.

1714_DJW_1_0054

1714_DJW_0021

1714_DJW_0020

ONE OF A KIND HISTORIC DETACHED MANSION LOCATED IN THE TRENDY FASHION & ENTERTAINMENT DISTRICT OF TORONTO. BOASTING APPROX 6,000 SQ FT & 9 GUEST ROOMS, 5 BATHS & 2 FULL KITCHENS, SPACIOUS FORMAL PRINCIPAL ROOMS, ORIGINAL WOOD STAIRS, WINDOWS & TRIM, ORIGINAL WALL MURALS & TAPESTRIES, ORNATE CEILINGS, WALL MOUNTINGS.

$1,400,000 ESTABLISHED EATERY & RESTAURANT. BUSY PLAZA WITH TONS OF TRAFFIC. APPROX 3,800 SQ FT. SEATING FOR 100 PATRONS. PRICE IS INCLUSIVE OF ALL CHATTELS.

$1,699,000

$2,999,900

$6,399,000 LOCATION. LOCATION. LOCATION. THE PERFECT CORPORATE HEADQUARTERS. HIGH PROFILE VISTA FACING THE GARDINER EXPRESSWAY. MINUTES FROM TORONTO & PEARSON AIRPORT.

1714_DJW_1_0058

1714_DJW_1_0022

1714_DJW_1_0057

Sam McDadi Real Estate Inc., Brokerage

38

Commercial Real Estate & Business Opportunities

Volume 14 Issue 04

Greater Toronto Area 8647857_1714

Please say you saw it in The Commercial Investor

Volume 14 Issue 04

39

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_1714

SOLD MODERN 3 BAY COIN CAR WASH

Greater Toronto Area

Automatic car wash & Dog Wash on prime location. Thriving cash business in growing town within Guelph with major residential developments. Separate pet wash, 3 coin bays, automatic car wash unattended, vacuums, blowers for drying car in each bay. Vending machines, security camera system with internet access for monitoring. Asking $749,900.

0914_DJW_1_0094 0914_DJW_1_0095 0914_DJW_1_0096

Over 6000 sq ft bldg. fully renovated with new roof and 1280 sq ft bsmnt. 3 commercial units and 4 renovated apartments separately metered. In the heart of Streetsville close to bus, Go, Hwys. Great investment at 6% cap rate. Asking $1,920,380.

0914_DJW_0106

For lease. Property located in Halton Hill at Trafalgar and Steeles with one large 2-storey home, one bungalow, huge barn with two levels and an apartment and a sports field. Many uses from garden centre to storage to retail.

Can lease whole property or part of it. Call now to preview.

Principals Only

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

0914_DJW_2_0037

Excellent Oakville Development site. 1.5 acres. Currently rented for $3000/mth. Road to be widened & directed to new hospital.

Use as contractor yard or develop. Asking $1,199,000.

0914_DJW_0107

0914_DJW_2_0090

URGENTLY Needed for anxious qualified buyer.

High volume gas stations and High Volume coin Laundromat.

Retail strip plazas. High volume car wash.

SELLING!! CALL NOW FOR FREE CONSULTATION Please say you saw it in The Commercial Investor

inthenews

GREATER TORONTO AREA OFFICE MARKET IN MIDST OF CORRECTION AVISON YOUNG RELEASES ITS FIRST QUARTER 2014 GREATER TORONTO AREA OFFICE MARKET REPORT

T

he Greater Toronto Area (GTA) office market closed out the first quarter of 2014 the way it ended 2013 – on a negative note. Anemic and sporadic demand across the various markets and building classes, coupled with a stubborn sublet market, has translated into five consecutive quarters of negative absorption.

These are some of the key trends noted in Avison Young’s First Quarter 2014 Greater Toronto Area Office Market Report, released recently.

“Though overall absorption levels have deteriorated over the past five quarters, we should not be sounding the alarm bells,” comments Bill Argeropoulos, vice-president and director of Research (Canada) for Avison Young.“Clearly, the rate at which

the market has been expanding over the past 10 years – and especially during the development cycle of the past five years – indicates the need for a correction, and the present state of the market should be seen as such. Job growth is only one of several factors affecting office space demand. For example, the trend for more efficient space planning means that tenants require less space to accommodate the same number of employees, possibly resulting in absorption figures below historical norms going forward.”

As noted in the first-quarter report, during the past five quarters, more space has become vacant than has been leased.

In all, 1.3 million square feet (msf), or an average of 254,000 square feet (sf) per quarter, has been vacated. This total pales in comparison to the dot-com failure in 2001-2002, when nearly 5.8 msf (969,000 sf per quarter) was returned to the market over six quarters.

inthenews

Negative absorption levels have caused other leading indicators, such as availability and vacancy rates, to continue to trend higher. The vacancy rate (physically unoccupied space) across all building classes increased a further 20 basis points (bps) from year-end 2013 to end the first quarter of 2014 at 9.4 per cent, and is poised to surpass the 10 per cent mark in the coming quarters. By comparison, vacancy stood at 8.1 per cent in the same quarter one year ago.

Argeropoulos continues: “The more telling indicator may very well be the availability rate, which includes occupied office space that is being marketed for lease today and could potentially become vacant six, 12, 18 or even 36 months out. This figure is already in double-digit territory (12.1 per cent), having climbed by 260 bps in the past year alone.

Between 2000 and 2013, the GTA average spread between the availability and vacancy rates was approximately 170 bps. It’s now at its widest point: 270 bps.”

Of concern is the state of Toronto’s Downtown market (10.5 per cent availability rate vs. 6.3 per cent vacancy) and its ability to absorb another wave of development where the bulk (5 msf of the GTA’s 7.3 msf) is currently underway. The 420-bps spread between the availability and vacancy rate downtown encompasses some large contiguous blocks of space in the market’s landmark towers, such as TD Canada Trust Tower, Bay-Wellington Tower and Ernst & Young Tower at the TD Centre complex – the result of the impending movement of tenants into the new developments. For tenants still in the market for space in new developments, of the 214 full floors currently under construction downtown, 88 are still available for lease.

The report goes on to say that developments currently under construction downtown continued to attract interest in the first quarter. Sun Life Financial announced that it will consolidate its operations from 150 and 225 King St. W. into 300,000 sf at 1 York St. in Downtown South (also taking a 30 per cent equity interest in the building), while Entertainment One inked a 70,000-sf deal at QRC West Phase I in Downtown West.

Sublet availability remains stubbornly high in the GTA at 3.7 msf, with the highest concentrations being in Downtown (1.4 msf) and the suburban Toronto West (1.3 msf) market.

Midtown Toronto saw higher availability and vacancy rates during the quarter compared with year-end 2013, as space was given back in class B buildings in the St. Clair and Eglinton nodes. The Bloor node, with sub-5 per cent vacancy, is among the healthiest markets in the GTA. The suburban markets continue to be saddled with doubledigit availability (14.1 per cent) and vacancy (12.4 per cent) rates, with Toronto North (8.5 per cent) bucking the trend – for now. CARA’s decision to introduce 100,000 sf to the sublet market at 199 Four Valley Dr. in Vaughan will push availability and vacancy rates in Toronto North higher next quarter. Toronto West and Toronto East have the most buildings

with more than 50,000 sf of available office space (36 and 21 buildings, respectively). Toronto West offers occupiers a plethora of space options in existing product as well as in the 1.5 msf (62 per cent preleased) currently under construction (of 2.3 msf in the suburbs overall).

Argeropoulos concludes: “The numbers don’t necessarily tell the whole story without a broader understanding of the marketplace. Despite the somewhat gloomy figures to date, numerous tenants of all sizes are poised to take advantage of the opportunity to secure premises in the more exposed assets, perhaps at more favourable rates – with the flight to quality becoming ever more apparent. And, with respect to the new developments and residual vacancy in existing stock, there is optimism that the space will be taken up as the current trend of urban living and working continues to drive shifting demographics, providing a sense of stability in downtown Toronto.”

Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals.

Founded in 1978, the company comprises 1,500 real estate professionals in 56 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family properties.

Commercial Real Estate & Business Opportunities

Volume 14 Issue 04

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Greater Toronto Area

Please say you saw it in The Commercial Investor

Volume 14 Issue 04

43

Commercial Real Estate & Business Opportunities

9893073_1714

MassiMo Farina

JDF Realty Ltd 999 Edgeley Blvd.

Vaughan, ON Office: (905) 660-4949 ext. 224

BROkER

Email: mfarina@jdf-realty.com VAUGHAN - LEASE

VAUGHAN - LEASE

TORONTO - LEASE

Up to 19,700 SF. Surrounded by box retail. Great location. Industrial Rates and good exposure. 1 TL & 2 DI doors.

1314_DJW_0036

3274 SF industrial end unit with street exposure with a truck level door. Also available 1200 SF office 2nd floor.

1314_DJW_0037

Outstanding Exposure on Steeles Ave. W! 10710 SF freestanding bldg. High traffic. 1 TL & 1 DI, won’t last!

VAUGHAN - LEASE

VAUGHAN - LEASE

fOR SALE

1314_DJW_0039

Prime Commercial. 2049 SF. Join Burger King, Fedex, Baton Rouge. Outstanding exposure. Immediate access to Hwys 7/407/400.

1314_DJW_0040

• 52 unit residential condo site Toronto • 1.75 acre commercial/residential development in Oakville.

10,000 sq ft retail up to 40 new apartments **Principals Only Please**

Greater Toronto Area

Prime Retail. 1705 SF. Suits professional/retail uses.

Ideal for dentist or doctor LAST UNIT!!

1314_DJW_0038

seller take back mortgage ProPerties for sale

Hamilton

1.

2.

3.

4.

5.

6.

7.

Dundas Stoney Creek Caledonia Westdale/McMaster East Hamilton Hess Village East Hamilton

Plaza Plaza Retail/Office Mixed-Use Retail/Office Mixed-Use Industrial

$3.9M $1M $2.5M $550k $900k $1.2M $1.4M

Plaza Plaza Plaza (2) Mixed-Use

$1.4M $700k $4M (total) $800k

Plaza Industrial Small Retail Office

$1.25M $3.2M $700k $900k

Receive Information Package via email: info@fourplexmortgage.com

SoutH WeStern ontario

1.

2.

3.

4.

London Cambridge Windsor Windsor

Please Note: Signed Confidentiality Form Required Prior To Releasing Seller Information.

1.

2.

3.

4.

Toronto Oshawa Brampton Newmarket

Lijoy Ulahannan

Commercial Mortgage Broker & Realtor

Lic# 11514

647.547.2122 Ext. 119 1.855.547.2122 Ext. 119 Please say you saw it in The Commercial Investor

11250884_1714

toronto

Commercial Real Estate & Business Opportunities

Volume 14 Issue 04

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Greater Toronto Area

Be Your Own Boss In The Fast Growing Town Of Alliston.

Sales of $50,000++/month. Established Coffee Culture franchise in an excellent location. A spacious 2200 sq ft Cafe, bright, clean & cozy. Close to big name stores & restaurants. Seats 60 plus 35 patio. Handicapped washroom equipped, nice ambiance/decor. $265,000 Colleen Kearns* 1-877-435-4336 1714_DJW_0041

95 acre property w/certified Organic Farmland, Century Home, large spring-fed pond, hardwood bush & 6000 sq ft barn. Character 3 bedrm home built in 1920 w/many recent updates/upgrades is in move-in condition. Located on paved road 15 min to Alliston/Barrie. $990,000 Alyea Hummel* or Jeff Hummel* 1-877-435-4336

Attention Investors! Renovated legal duplex. This income property has ample parking in a great location, close to downtown Barrie, Hwy 400 and all amenities. $349,900 Britton Ronan* or Jennifer Pike* 1-877-435-4336

Great opportunity to build your dream home on this 6.37 acre lot. Lots of potential with 320 feet of frontage and 850 feet deep. Just minutes to Hwy 400 and Barrie. Possibility of future Hwy/Commercial use. $399,900 Britton Ronan* or Jennifer Pike* 1-877-435-4336

85 Acres in central New Tecumseth with 62’x200`coverall and approximately 60 acres of workable land, Remainder treed. $1,300,000 Marc Ronan*** 1-888-936-4216

1714_DJW_0043

1714_DJW_0044

1714_DJW_0099

Short walk to Barrie’s Waterfront and GO Train! Character & charm exude throughout this Century beauty. Many potential uses with Central Area Commercial Zoning. 3 bdrm, 2 bath.

Original staircase, 9’ main floor ceilings, hardwood floors.

200 amp electrical service. 3rd floor loft w/view of lake would make an ideal studio/office. $359,900 Marc Ronan***or Gladys Craine****1-888-936-4216 1714_DJW_0046

78.5 Acres in Central Essa Township. Approximately 60 acres workable. Located near proposed growth in Baxter.

CP Rail Line at back of property. Zoned agricultural. $729,900 Marc Ronan***1-888-936-4216

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 inlaw space. $2,400,000 Marc Ronan***1-888-936-4216

1714_DJW_0047

1714_DJW_0048

Breathtaking Views!! 36 acre corner building site overlooking the Countryside with mature forest. Private setting to build your dream home. Located on paved road minutes to Hwys 9 & 27!! $499,900 Marc Ronan*** 1-888-936-4216

84.4 Acres abutting residential development in area of fast growing community of Alliston. 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. $3,795,000 Marc Ronan*** 1-888-936-4216 1714_DJW_0050

1038 Acres cash crop opportunity in Amaranth - All in one location, approx 1 hour from Pearson Airport. High yielding crops suitable for Cash Crops or Potatoes. Land is flat with some sandy loam soil. Properties have a mixture of systematic and random tiling. $9,500,000 Marc Ronan*** 1-888-936-4216 1714_DJW_0051

1714_DJW_0049

1714_DJW_0042

1.877.435.4336 Alliston 1.705.725.8255 Barrie 1.905.859.4477 Nobleton

2126 sq ft commercial unit in Barrie’s South end near Highways 400 & 27. Quality construction and finishes include showroom, boardroom, mezzanine approx 28’x18’ overlooks industrial space with 10’x12’ loading door at grade. Ample parking, thousands spent on leaseholds. Excellent location with easy access to Hwys at Mapleview. $324,999 Leigh-Ann Caron* or Gladys Craine****1-888-943-0860 1714_DJW_0045

1.888.943.0860 Orangeville 1.888.936.4216 Tottenham 1.705.422.2350 Wasaga Beach

© 2014 Coldwell Banker LLC. All rights reserved. Each office is independently owned and operated.Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker LLC. * Sales Representative ** Broker *** Sales Representative/Owner **** Broker of Record

Please say you saw it in The Commercial Investor

Volume 14 Issue 04

45

Igor Chouminov president, Broker of Record

PAII REALTY INC.

Brokerage

416.877.0326 igor@paiirealty.com inveStment And development ReAl eStAte

Coming Soon to RiChmond hill

15 unit townhouSe development Site

• 17 unit Townhouse Site, 3 storey units w/20 ft fronts over 2600 sf+ each with large backyards.

modern design: 15 Unit Townhouse Site, 20ft fronts, from 2000 to 2500 sf, 3 storey, large backyards, upscale neighborhood. Walking distance to shopping, schools, and transport.

• Great neighborhood walking distance to shopping, schools and transport.

Call to Register for VIP Pricing!

11265283_1714

Commercial Real Estate & Business Opportunities

Priced at $3,750,000

RetAil plAZA/Condo development Site, SCARBoRough, on • Under secondary plan for mixed use condominium development.

• Retail Plaza current net income: $200,000/year • Great investment/Development opportunity!

Priced at $6,000,000 3313_DJW_1_0103

AtteNtION CUStOM HOMe BUILDeRS COMING SOON to Richmond Hill, Estate Lots on Exclusive Street, Lots over 60ft, with Depths of over 150ft, Homes in the Area selling over $2M+++, Lot Prices Starting in the Low $1,000,000s.

Please call for Details!

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

PhaseOne PhaseTwo SiteRemediation Environmental Site Assessments

8297113_1714

For ~ purchasers ~ vendors ~ realtors and lenders

Borehole Drilling Soil Sampling Groundwater Testing

Underground Tanks Asbestos Removal Demolition

~ Fast turnaround to meet closing deadlines ~ ~ Cost effective assessments by experienced environmental scientists ~ ~ Over 15 years of experience assessing Commercial, Industrial & Residential Properties for Brokers, Property Management Firms & Financial Institutions ~ Please call to receive our free report on new changes to environmental regulations ~

905.825.2943 871 Equestrian Court, Oakville

~ Servicing All of Southern Ontario ~ Please say you saw it in The Commercial Investor

Greater Toronto Area

ACTIVELY LOOKING FOR:

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Volume 14 Issue 04

Commercial Real Estate & Business Opportunities

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BUILDERS DREAM! BUILDERS DREAM! MIXED USE DEVELOPMENT SITE - $4,888,000

Greater Toronto Area

• 142 Approved residential units • 6,124 square feet of retail • Price includes development site, existing bowling business and lease holds • Gross income over $650k, netincome approx. $200k • Excellent transportation options: DVP, Eglinton, Victoria Park Ave. ++

TORONTO SCOTIA PLAZA

E

L XC

US

IV

BIGGEST AND BEST OF YORK REGION EX

U CL

SIV

E

Dream Home! 8 Bdr castle with approx 20,000 Sq Ft of high-end living space on two levels plus walk-out basement! Ideally located on sought after 2.62 acres at Major Mac/Warden. Live the high life or run your business from this stunning gated mansion! $6,728,000.

DENTAL/RETAIL/OFFICE SPACE

LEASE - MAIN ST. - MEDICAL SPACE

Stunning building in prime Markham location!

Close to Hwy 404/407. Approx 18, 000 Sq Ft on approx 1 acre. 600 volt & 200 amp service, 2 truck level doors, 1 drive-in door, over 20 offices, board room+++ $3,588,000.

Turn-key dental office at Danforth/ Victoria Park! Two chairs and 60K in leaseholds at no cost to new tenant! $12 Net - Call George 416-554-7653.

Established professional medical building w/longterm medical service providers ie: pharmacy, radiology lab+++Prime Main St. subway stop! $8.00/sq. ft. net. Several months free rent.

Call George Politis for details 416-554-7653

RESTAURANT - STEELES/KEELE

DURHAM EQUESTRIAN PROPERTY

BUSINESS OPPORTUNITY

MARKHAM – FREESTANDING BUILDING

E E

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US

I

VE

$8,800,000 • Prime Location at Major Intersection!

• Net Income $545,000 • Over 18,000 Sq Ft! • Two Buildings, 9 total units!

• Over 1.5 acres • Parking for Over 60 Cars!

• $8,800,000

UXBRIDGE – APPROX 50 ACRES

EX

Approx 50 beautiful acres! Prime road exposure across from Main St. Stouffville. Includes 2.5 bdr home, 2 barns, & ½ mile horse track. Don’t Wait! $1,438,800.

Own your own restaurant! Established over 20 years!

Turnkey operation, 65 seats, LLBO license, and all chattels. Great location with heavy traffic, businesses & offices. Open 6 days/wk, 7:00 am-7:00pm. $150,000 insales! $79,900 - Stock, Call Peter 416-606-7882.

U CL

SI

VE

Private 10 acre lot w/3,000 sq ft ranch bungalow and equestrian facilities for horse shows/events/ boarding! 170x80 heated indoor arena, beautiful tack room, grassed paddocks++++ Close to 11,000 acres Ganaraska Forest. $848,800.

Please say you saw it in The Commercial Investor

EX

U CL

SIV

E

Own your own business! Owner retiring after 30 years! Top quality marble manufacturing! Condominium & custom home builders contracts++ $100,000+ in machinery & contracts included in price!

New owner will be trained! $350,000 - George Politis 416-554-7653 & Peter Glezakos 416-606-7882

Commercial Real Estate & Business Opportunities

47

Greater Toronto Area

Volume 14 Issue 04

11274591_1714

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48

Commercial Real Estate & Business Opportunities

Volume 14 Issue 04

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

central ontario COverINg: Barrie • Collingwood • Muskoka • North Bay • Kawartha Lakes Midland • Meaford • Paisley • Parry Sound • Orillia Owen Sound • Sudbury • Walkerton For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor

49

Commercial Real Estate & Business Opportunities

1-866-557-1110 705-647-1110

temiskaming realty ltd.,

www.temiskamingrealty.com

Bill Byers, Sales representative

bill-byers@coldwellbanker.ca

RESTAURANT & BUILDING

VARIETY STORE

Great Business looking for energetic owner. Family Restaurant “Tri-Town Pizza”. Lots of potential to expand with fenced patio. Full basement, parking, office, chattels & training included. Asking $174,900. Haileybury. MLS 132910 1714_DJW_2_0010

With owner’s 1+1 bedroom apartment. Former LCBO & OLG. Walkin cooler, storage sheds & more. Great potential to start your own business at a great price. Asking $99,900. Latchford. MLS 132923 1714_DJW_1_0011

LIQUIDATION STORE

HIGHWAY #11

Solid block 5700 sq building & business downtown Englehart, no competition, seller will train. Includes inventory & equipment. Asking $265,000. MLS 132614 1714_DJW_1_0086

Great location for visibility & access. Surrounded by Hwy #11, #569 & Development Road. Fully fenced & graveled 2.34 acre property with 3 gated entrances. 40’ x 60’ 3 year old well insulated shop with office & storage. Lots of potential with general Industrial Zoning 9 miles north of New Liskeard. Asking $399,900. MLS 140081 1714_DJW_2_0012

HOME BASED BUSINESS

WATERFRONT LAND

3+1 bedroom home just off Hwy #11 in New Liskeard with 50’ x 20’ attached office, carport & double garage on a 1 acre lot with plenty of parking. Also great for a large family. $219,900. MLS 131802.

Seven properties to choose from on the Montreal River & Long Lake. From 1-168 acres. Priced from $49,900 - $349,900. Elk Lake & Charlton areas. Call for more information.

1714_DJW_1_0100

1714_DJW_0081

Please say you saw it in The Commercial Investor

Central Ontario

brokerage New Liskeard, Northern ontario

9857729_1714

Volume 14 Issue 04

50

Commercial Real Estate & Business Opportunities

Volume 14 Issue 04

Central Ontario 11286082_1714

Please say you saw it in The Commercial Investor

Volume 14 Issue 04

51

Commercial Real Estate & Business Opportunities

SERVING CENTRAL AND NORTHERN ONTARIO

darryl@royallepagecommercial.com chris@royallepagecommercial.com

Darryl McCullough CCIM Broker

705-641-8052

705-706-3993

40 acres with excellent combined residential and commercial development options. Abuts Tim Hortons.

High traffic corner location.

Existing $70K NNN long term lease single tenant included.

Many “Slice and Dice� opportunities. Exclusive. Backup package with CA.

GREATER SUDBURY NNN long term lease of $75K plus approx.

4 acres for further development. Abuts Tim Hortons, Loblaws etc. No Devt. charges.

Exclusive. Back-up pack package with CA.

$1,360,000

$1,990,000 1714_DJW_0024

ORILLIA

1714_DJW_0025

MUSKOKA Profitable turn-key restaurant. Definite pride of ownership. Lunch & dinner with 135 combined inside/outside seating.

Further major upside. Exclusive. Package available with CA.

Two pad sites in water recreational area with thousands of yearly visitors. Ideal for Restaurant, Office, Art Gallery, Tourist Establishment etc. MLS.

$199K AND $225K

$149,900 1714_DJW_0026

MUSKOKA

1714_DJW_0027

MUSKOKA Development land at new signalized intersection.

High visibility. From 1 acre to 50 acres. Quick Service Restaurant, Hotel, Assisted Living, Car Dealership, etc. Land Sales. Build to suit. Land lease etc.

3,200 sq ft new commercial/industrial bldg.

Sale or lease. Will build to suit. Many compatible uses in desirable area. MLS.

$500,000+ 1714_DJW_0028

1714_DJW_0029

11286085_1714

CREATIVE FORMULA CORNER: Free and clear properties from $ 400K to $6 Million listed for sale, exchange etc. New homes, development land, etc. WILL ADD CASH!! Seeking value real estate and business opportunities. Will be a catalyst to assist your deal to go forward.

More equity to you via Credit Enhancement? Mtge Refinance? etc.

We can be the catalyst to move you forward.

Please say you saw it in The Commercial Investor

Central Ontario

GREATER SUDBURY

Chris Bedforth Sales Representative

52

Commercial Real Estate & Business Opportunities

Volume 14 Issue 04

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

eastern ontario COverINg: Lindsay • Peterborough • Port Hope • Bowmanville • Cobourg • Trenton • Belleville • Kingston • Northeastern Ontario For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor

Volume 14 Issue 04

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53

Commercial Real Estate & Business Opportunities

William G. Bird Broker, CCIM CD williambird@cogeco.ca Cell: 613-243-2767 Office: 613-969-9907 PLAZA BELLEVILLE

Quinte Ltd., Brokerage* * Each office Independently Owned & Operated 10002624_1714

6 CATHERINE ST., BELLEVILLE

$1,100,000 8 units. Offices and retail, located on one of Belleville’s main arteries. #2 highway Excellent condition.

Call Bill Bird for details at 613-243-2767 1714_DJW_1_0051

Zoning allows for business and rental income. One unit currently leased, owners to move business. Upper unit is now offices but could be residential.

Call Bill Bird for details at 613-243-2767

1714_DJW_2_0050

UPSCALE BUILDING IN DOWNTOWN BELLEVILLE

Eastern Ontario

4 UNIT APARTMENT BUILDING

now $219,000

$224,900

$310,000 Lovely 4 unit apartment building with 4 over-sized apartments, that have been fully modernized. Tenants pay their own utility cost (heat & hydro). Large spacious lot allows for future development. Located near Bay of Quinte. Totally stone building features newer roof, newer windows & doors, newer wiring and newer furnaces & plumbing. Offers the investor a solid unit with current rents below market value.

All units are pristine condition. Cap Rate 10%. This unit has been totally rebuilt and currently offers a great investment with room to grow.

1714_DJW_1_0023

This is an upscale building in downtown Belleville. Improvements include new double glazed efficiency windows. Also upper mezzanine can be used as workspace or offices that overlooks retail space. Provides over 2,300 sq. ft. of retail space. Large full dry basement which is suitable for stock/storage or other uses.

Situated in excellent retail area of Belleville. Ample room with the property to allow parking of at least 3 cars.

1714_DJW_2_0024

In Eastern Ontario for Commercial Real Estate Call Bill Bird for Sales & Leasing.

Please say you saw it in The Commercial Investor

inthenews

Bank of Canada

maintains overnight rate target at 1 per cent

T

he Bank of Canada recently announced that it is maintaining its target for the overnight rate at 1 per cent.

The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

Inflation in Canada remains low. Core inflation is expected to stay well below 2 per cent this year due to the effects of economic slack and heightened retail competition, and these effects will persist until early 2016. However, higher consumer energy prices and the lower Canadian dollar will exert temporary upward pressure on total CPI inflation, pushing it closer to the 2 per cent target in the coming quarters.

We expect total CPI inflation will remain close to target throughout the projection, even as upward pressure from energy prices dissipates, because the impact of retail competition will gradually fade and excess capacity will be absorbed.

The global economic expansion is expected to strengthen over the next three years as headwinds that have been restraining activity dissipate. The economic recovery in the United States appears to be on track, despite soft readings in the last few months largely due to unusual weather. Indeed, private demand could turn out to be stronger than anticipated. Europe’s economy is growing modestly, but inflation remains too low and the nascent recovery could be undermined by risks emanating from the Russia-Ukraine situation. In China and other emerging-market economies growth is expected to be solid, although there are growing concerns about financial vulnerabilities. Overall, global growth is expected to pick up to 3.3 per cent in 2014 and increase further to 3.7 per cent in 2015 and 2016 - largely unchanged from the January Monetary Policy Report (MPR).

The Bank continues to expect Canada’s real GDP growth to average about 2 1/2 per cent in 2014 and 2015 before easing to around the 2 per cent growth rate of the economy’s potential in 2016. Competitiveness challenges continue to weigh on Canadian exporters’ ability to benefit from stronger growth abroad. However, a range of export subsectors have been growing in line with fundamentals, which suggests that as the U.S. recovery gathers momentum and becomes more broadlybased, many of our exports will benefit. The lower Canadian dollar should provide additional support. We continue to believe that rising global demand for Canadian goods and services, combined with the assumed high level of oil prices, will stimulate business investment in Canada and shift the economy to a more sustainable growth track.

Recent developments are in line with the Bank’s expectation of a soft landing in the housing market and stabilizing debt-to-income ratios for households. Still, household imbalances remain elevated and would pose a significant risk should economic conditions deteriorate.

In sum, the Bank continues to see a gradual strengthening in the fundamental drivers of growth and inflation in Canada. This view hinges critically on the projected upturn in exports and investment. With underlying inflation expected

to remain below target for some time, the downside risks to inflation remain important. At the same time, the risks associated with household imbalances remain elevated. The Bank judges that the balance of these risks remains within the zone for which the current stance of monetary policy is appropriate and therefore has decided to maintain the target for the overnight rate at 1 per cent.

The timing and direction of the next change to the policy rate will depend on how new information influences the balance of risks.

The next scheduled date for announcing the overnight rate target is 4 June 2014. The next full update of the Bank’s outlook for the economy and inflation, including risks to the projection, will be published in the MPR on 16 July 2014.

Volume 14 Issue 04

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Commercial Real Estate & Business Opportunities

ProAlliance Realty, Brokerage INDEPENDENTLY OWNED & OPERATED 51 Main Street, Brighton, Ontario, Canada K0K 1H0 Office:

Jim & Mary Shortt

613-475-6242 877-233-3667

Toll Free:

Direct: Fax:

613-475-1966 613-475-3880

BRIGHTON - a vibrant, growing municipality just 90 minutes

R

Ed

U

c

Ed

11280561_1714

east of Toronto and the gateway to Presqu’ile Provincial Park.

INVESTMENT OPPORTUNITY Perfect location for a Restaurant or Professional Office.

Centrally located in the Town of Brighton with Main Street exposure. Well-kept Century building with storage space on the second floor. Previously rented as a 1 bedroom apartment. Current tenant: Lola’s Coffee House. Second rental space currently vacant was formerly tenanted by wine making business. MLS 2136758. $229,000.

78 Main St, Brighton.

4513_DJW_0013

All-Stars Realty Inc., Brokerage

705-738-2378

705-738-7444

brainsforth@i-zoom.net w w w. ba rr yra i n sfo r th . co m

9764473_1714

Barry Rainsforth., Broker

58-62 BOLTON ST., BOBCAYGEON, ON.

• 1.5 acres fronting on two main Down town Streets BOBCAYGEON • 23,160 sq. ft. totally updated (2012$2,000,000.)

• 60 parking spaces + 2600 sq. ft. stone office/doctor/res • Free standing building with 4000 sq. ft.

Open market space • Current lease - $163,000 Net Net Net Potential $185,000 • 2019 with options to 2039 AAA tenant • Appraisal $3,000,000.00 (2013) • Assessment $2,700,000.00 (2013) • MLS X2675933 1714_DJW_0075 Please say you saw it in The Commercial Investor

Eastern Ontario

GREAT INVESTMENT OPPORTUNITY $3,099,000.00

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Commercial Real Estate & Business Opportunities

Volume 14 Issue 04

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

niagara COverINg: Niagara Falls • Niagara-on-the-Lake • St. Catharines • Thorold • Welland • Fort Erie • Beamsville • Fonthill • Port Colborne For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor

Volume 14 Issue 04

Commercial Real Estate & Business Opportunities

57

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

905-354-7413

9866060_1714

FLAGGED FRANCHISE “MOTEL 6”

NIAGARA FALLS COURTSIDE INN

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5700 STANLEY AVENUE, NIAGARA FALLS

5640 STANLEY AVENUE, NIAGARA FALLS

Six storey, 132 room hotel located in the prime tourist hub of Niagara Falls Jacuzzi suites, doubles & single suites Indoor Pool, WIreless Internet, Coin Laundry Sprinkler System, Monitored alarm system Situated on 1.22 acres - Constructed 2008 OFFERED AT: $10,300,000 Contact: Greg Chew, Sales Representative greg.chew@dtzbarnicke.com Mobile: 905 329 4415

Two storey, 53 room “L” shaped Motel Jacuzzi & Family Suites - Outdoor pool, wireless internet Recently renovated - Exterior Entrance to all rooms Situated on 0.79 acre OFFERED AT: $2,300,000 Contact: Greg Chew, Sales Representative Greg.chew@dtzbarnicke.com Mobile: 905 329 4415 Can be purchased in combination with 5700 Stanley Ave. NF For $12,600,000

1714_DJW_0078

GLENGATE HOTEL

OFFERED UNDER POWER OF SALE

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1714_DJW_0079

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5534 STANLEY AVENUE, NIAGARA FALLS

7701 LUNDY’S LANE, NIAGARA FALLS

Three Storey 60 Room Hotel Located at the Gateway to the Tourist District Easy access to Hwy. 420 Indoor & Outdoor parking Renovated in 2004 including new addition Upside Potential for knowledgeable owner/operator OFFERED AT $2,700,000, Under Power Of Sale Contact: Greg Chew, Sales Representative greg.chew@dtzbarnicke.com Mobile: 905 329 4415

Two Storey 93 Room Motel offering family & Jacuzzi suites Attached 2 bdrm. Manager’s apt In-ground pool & children’s play area Meeting Rooms & Business Services On Tourist Bus Route Currently Flagged Knight’s Inn OFFERED AT $2,100,000. Under Power of Sale Contact: Greg Chew, Sales Representative greg.chew@dtzbarnicke.com Mobile: 905 329 4415

1714_DJW_0080

BROKERAGE APPRAISALS MANAGEMENT

Connected Globally. Focused Locally.

Please say you saw it in The Commercial Investor

Niagara Peninsula

1714_DJW_0077

inthenews

BMO Nesbitt Burns tax study: Only half Of Canadians regularly seek Out tax effiCient OptiOns when making investment deCisiOns

B

MO Nesbitt Burns issued a study which found that only half (51 per cent) of Canadians regularly seek out tax-smart options when considering new investments.

The study also found that a majority of Canadians say they are lacking knowledge about the tax treatment of certain types of investment income that can reduce their overall tax liability: Fifty-nine per cent are unsure how capital gains are taxed.

Similarly, 59 per cent are uncertain how dividend income is treated from a tax perspective.

“One of the reasons why people don’t seek out tax efficient investing solutions may very well be because many don’t fully understand how investments are taxed,” said John Waters, Vice-President, Head of Tax & Estate Planning, BMO Nesbitt Burns.“Being aware of how investments are affected by taxes is the first step to being tax smart with your portfolio, and can be crucial in maximizing your overall return.”

Mr. Waters noted that an Investment Advisor can play a critical role in helping clients understand the tax implications when investing and working with clients to determine investment solutions that best fit their specific needs and goals.

BMO Investments Inc. offers a variety of tax smart investing options, including BMO SelectClass Portfolios – a series of four risk differentiated portfolios constructed within a corporate class structure which allow investors to accumulate capital in a tax-efficient manner, through tax-deferred growth potential and tax-efficient monthly cash flow.

Do charitable Donations influence canaDians’ tax Decisions?

The study also found that the majority (54 per cent) of respondents stated that tax credits offered on charitable donations do not have much (or any) influence on their decision to give.

“The tax system is designed to encourage Canadians to donate and support charitable causes, so there’s definitely an incentive for people to consider factoring giving into their yearly budget,” said Mr. Waters.“Donating to charity provides not only the opportunity to do good, but can also reduce your income tax bill and put a little money back into your pocket.”

Mr. Waters added that donations can be claimed in the tax year they were made or carried forward for up to five years. To optimize tax savings, spouses can pool their charitable donations. Additionally, incentives like the “First-Time Donor’s Super Credit” (FTDSC), which is available until 2017, encourages Canadians to support charities by giving new donors an extra, one-time 25 per cent federal tax credit for cash donations up to a maximum of $1,000. For example, under the FTDSC, with a donation of $500 the federal tax savings to you would be $242, which is in addition to the savings from your provincial donation tax credit. regional breakDown: Percentage of people who regularly seek out tax efficient investment options when considering a new investment: National: 51%; Atlantic 38%; Quebec 59%; Ontario 50%; Prairies 51%; Alberta 51%; B.C. 45% Percentage of people who are not very or at all knowledgeable about how capital gains are taxed: National 59%; Atlantic 72%; Quebec 66%; Ontario 55%; Prairies 63%; Alberta 52%; B.C. 53%.

Percentage of people who are not very or at all knowledgeable about how dividend income is taxed: National 59%; Atlantic 69%; Quebec 56%; Ontario 58%; Prairies 65%; Alberta 57%; B.C. 59%.

Percentage of people who stated the tax credit offered on charitable donations does not influence much or at all their decision to donate: National 54%; Atlantic 55%; Quebec 54%; Ontario 53%; Prairies 54%; Alberta 48%; B.C. 61%.

The survey was conducted by Pollara between March 14th and March 17th, 2014 with an online sample of 1,007 Canadians. The margin of error for a probability sample of this size is ± 3.1%, 19 times out of 20. Data has been weighted by region, age and gender, based on the most recent Census figures, so that it is representative of adult Canadians.

For more information on tax efficient investing and planning, please visit www.bmo. com/nesbittburns. For more information on wealth management news at BMO please visit http://www.linkedin.com/company/bmo-wealth-management-servicescanada?trk=top_nav_home.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. There are risks involved with investing with mutual funds. Please refer to the simplified prospectus for a complete description of risks.

Volume 14 Issue 04

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Commercial Real Estate & Business Opportunities

LarryYour“BILKO” Bilkszto 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 8171489_1714 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES “BILKO”

102 acre property in Meaford w/55 acre apple orchard & 10 acres of vacant land. 3 ponds, creek & ravines. 10 varieties of apples. 50x40 board & batten outbuilding, 120x25 outbuilding w/helphouse areafor 8 workers.

Septic, water, 200 amps, 2-14x10 overhead doors, cold storage area & a heated 60x24 shop with 10x10 overhead door. 3 Bdrm brick bungalow w/2 bathrooms. $987,800

Award winning vineyard! A turnkey operation with contracts in place. 19.47 acres with 18 acres planted to 5 different varieties, all tile drained. 34 ft x 25 ft block 2 storey barn. Solid, spotless, 3 bedroom brick bungalow. Attached double car garage. $1,199,800

2 Homes on 92 acres!

3 bdrm w/full bsmt.

Open concept kitchen/ dining & living rms. 2 pc ensuite, 4 pc bath.

C / A , C / V & woodstove. 2nd house rents for $900/mnth+. Lrg shop/garage 64' x 40' w/18' ceilings, 2-12' doors & 2 garage doors. 60' x 30' block barn. $724,800

21+ Acre winery site & vineyard! Just minutes off the wine route & the QEW. 950 Sq ft wine boutique, attached 2910 sq ft warehouse, 6600 sq ft production facility fully functional for grape harvest & wine making.

Plus a single family dwelling with finished basement & swimming pool! $1,980,000

23 Private country acres! 3,400 sq. ft brick bungalow, oversized att. grge. 5 bdrms, 4 baths.

Equestrian centre w/208' x 75' indoor arena & viewing lounge. 450' x 250' outdoor sand ring. 12 stall 115' x 40' barn w/tack rm & wash stall. 70' x 40' 2 storey barn. $1,198,800

25 acre peach orchard in NOTL. Sandy tile drained soil suitable f o r g r o w i n g everything. Endless water for irrigation.

Presently planted to various varieties of young peach trees. A 6000 sqft packing barn w/loading dock, 2 coolers, office & bathroom. Plus Approx $13,150/yr from a 2yr old $65000 solar system on the barn. $899,800

Fluent In Russian!

Garden City Realty Inc. Brokerage

905-945-0660 cell: 289-241-1345 | victoriab@remax-gc.com Independently Owned & Operated

COMMERCIAL/BUSINESS OPPORTUNITY

1714_DJW_0134

Unique approx. 6,000 sq ft commercial building w/existing business on .5 acres in Grimsby. Located at the base of the Niagara escarpment between the Niagara wine route and Lake Ontario, 45 min from Downtown Toronto. Central Grimsby location, easy access to the QEW, Shopping, plenty of parking. Endless potential for different types of business.

VTB optional call LA for more information and list of permitted uses! $649,000

BUILDING AND BUSINESS!

Building with established business in Downtown Grimsby. 2nd floor is rented to residential tenant. Great location, steady clientelle, ample parking, easy access to QEW. Call for financial information.

Garden City Realty Inc

Brokerage Independently Owned & Operated

Tony Tripodi

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

Broker

tripodi@sympatico.ca

*INDUSTRIAL*COMMERCIAL*INVESTMENT*

THE DEAL OF THE YEAR

St. Catharines, On. 155,000 sq ft building, on 14 acres of land. Presently used as warehousing and solar panel system. Monthly rent for the next 9 years is $46,000. From the 11th to the 20th year will be yearly over $400,000 net. Plus 120 unit self storage (not operated yet), with space available for an additional 120 units. 6 acres zoned for low rise apartment building. Asking only $3,900,000. Don’t miss this opportunity - Call today for more details. Email tripodi@sympatico.ca direct 905 323 7064 1314_DJW_0084 Niagara Peninsula

Sales Respresentative

8181576_1714

Victoria Batiste

11276752_1714

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

$385,000

1714_DJW_0135

RENTAL!

Spacious 2 storey 8 bedroom, 2 bathrm house in West part of St. Catharines, on a bus route to Brock University. 24-48 hrs notice required. Call LA for showing and financial information!

1714_DJW_0136

$259,000

Thorold, On. 83,000 sq ft building on approc. 5 acres of land. Loading dock, drive-in doors, approx. 5,000 sq ft of office area, overhead crane. Height varies from 12’ to 22’ clear. Plus separate Quonset house, approx. 5,000 sq ft, leased at $20,000 yr., plus utilities. Asking $1,800,000.00 Possible terms call now! Email tripodi@sympatico.ca direct 905 323 7064 1314_DJW_0085

Call Tony Tripodi @ 905-323-7064 or email: tripodi@sympatico.ca

Please say you saw it in The Commercial Investor

#1 COLDWELL BANKER REPRESENTATIVE

IN THE

NIAGARA REGION

Steve Dube

ADVANTAGE REAL ESTATE BROKERAGE

Sales Representative

Independently Owned & Operated

www.niagaracommercial.ca 8306541_1714

PAGER:

905-788-3232

NIAGARA COUNTER TOPS FACTORY

1600 SQ FT WAREHOUSE

Great money maker, servicing Niagara for over 20 years.

36,340 sqft of manufacturing space plus separate granite storage building all owned and included along with equipment.

29 employees and very busy.

Owner is retiring and willing to train but it could run itself.

Asking $2,500,000 1714_DJW_0090

1600 Sqft of warehouse storage. Seller willing to finance it with some down payment. No heat or plumbing to the building but there is a future for both. Sitting on 3 separate lots. 200 amp electrical. Lot size 150 x 100. Asking $169,900. 1714_DJW_0091

BUSINESS, BUILDING & INVESTMENT Dream business and investment. ‘For Pizza’s Sake’ with $500,000 gross income.

Seller is looking to retire. 25 years established and the only restaurant/bar in the neighbourhood. 50% business is takeout. Seating for 35, ($1,500 gross rental income from attached duplex). Seller willing to keep buildings and sell business only and asking $189,900 for it.

1714_DJW_0092

SELLER TO HOLD MORTGAGE

Live and Work, once referred to as “Big Momma’s House”, most stainless steel equipment is only 1 year old. Seller willing to hold financing with a sizable deposit. 3 bathrooms, large loft office space, walk in cooler, liquor license available for 35 on the inside and 65 on the outside patio. Asking $189,900. 1714_DJW_0093

HIGHWAY PLAZA

10 UNITS TOP NOTCH

RENTAL HOUSE

Great Hwy exposure. 2 plaza units available; 2250 sqft & 2400 sqft, $12 per sqft plus hydro & gas only. Very well maintained plaza and owners on site.

2 buildings, 10 units (9 res & 1 com) all completely renovated to be better than new, owner spared no cost to the quality finishes of each unit. Gross income when fully rented is $92,400. Last year’s expenses were $24,348.90. Each unit pays own hydro, has separate thermostats for heating and C/A, intercoms, new appliances and access to coin laundry. Asking $799,900.

1714_DJW_0095

Cute, cozy, clean and affordable. 2 bedrooms + basement for extra room. All appliances included, sunroom, rear disability walkway ramp, fenced yard, newer windows, newer furnace, 2 car driveway. Presently tenant occupied, paying $900 per month + utilities. Asking $94,900 1714_DJW_0096

NEED SPACE TO LEASE?

2 INDUSTRIAL LOTS

1714_DJW_0094

COUNTRY HOBBY FARM

Unique 2 family situation in the country with 6+ acres and lots of barns/outbuildings. Super secluded country location.

Original home is a 2 storey with 2 beds up and in 1971 a 3 bed attached bungalow was Custom built for handicap and has full basement. Asking $399,000 1714_DJW_0097

We have lots of offices, industrial indoors, industrial outdoors, commercial, warehousing, restaurants, in and outdoor storage. If you need some sort of space and are willing to pay rent, we have it all from small to large, short and tall.

We can customize to suit.

•

Highway exposure and frontage, industrial 3.38 Acres. $ 199,500

•

2.54 Acres. $ 139,700 7 minutes to QEW, 20 minutes to US border and 2 minutes to Hwy 406.

Newer industrial park.

Willing to negotiate.

61

Commercial Real Estate & Business Opportunities

Greg Howe

gamhowe@sympatico.ca

Sales Representative

905-935-6838

6150 Valley Way, Niagara Falls ON L2E 1Y3 Independently Owned & Operated

905-346-2000

Niagara Brokerage

11246794_1714

4080 ERIE RD, CRYSTAL BEACH NO DOWN PAYMENT Completely renovated 3+ reduced $153,000 bedroom, 2 story located right across from bay beach, will rent for $1000 per week in the summer. Zoned commercial, or earn $500 per day selling beach related products and fast food, the house is in mint condition, never been lived in since renovation, owner would consider trading for another house in the Niagara District.

46 RYKERT, ST CATHARINES, EXCLUSIVE LISTING Newly renovated 4 unit reduced $375,000 brick 2 storey apartment building consists of 1 - 1 bdrm, 2 - 2 bdrm and 1 - 3 bdrm units. $27,000 gross income, tenants pay hydro. $200,000 in renovations.

Owner willing to assist with financing.

5345 SLATER AVE & 5302 STAMFORD ST NIAGARA FALLS $699,000 EXCLUSIVE LISTING

79 RIDLEY RD. ST. CATHARINES EXCLUSIVE LISTING

1714_DJW_0098

Motel/Lodge consisting of 12 refurbished rooms with a main house Managers suite with living quarters, all surrounded by an abundance of flowers and greenery. Great return on Investment. Ideal for family run business. Minutes walk to Falls & Casino’s. I also have 4 more Motels/ Hotels in the Heart of Tourist District with up to 52 rooms and $3.4 1714_DJW_1_0026 Million. All exclusive to me.

26 VICTORIA ST. PORT COLBORNE - TRIPLEX further reduced to $179,000 One 3 bdrm @ $800 monthly plus gas and 11% CAP RATE hydro. 2 - 1 bdrm @ $575 monthly each plus hydro (electric heat) maintenance fee character home located 1 block from downtown and half block from canal and historic West Street.

1714_DJW_3_0007

1714_DJW_2_0008

57 JOHN ST, THOROLD EXCLUSIVE LISTING

reduced $995,000

$1,690,000

Newer 4 bay, 8200 sq. ft. mechanic repair shop. Many possibilities, 20 ft ceilings and 16 ft doors, parking up to 20 vehicles. Owner willing to assist with financing.

Well established catering hall, bar and members only club, known as La Sila Banquet Hall, built 9 years ago, steay clientele, weekly dinners and special occasions within 2 separate halls both with large oak bars.

57 UNIT APARTMENT BUILDINGIN NIAGARA FALLS, IN THE HEART OF THE NEW UNIVERSITY/COLLEGE CAMPUS PROPOSAL, GOOD CONDITION ONLY $87,000. PER UNIT

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STUDENT RESIDENCE IN DOWNTOWN ST. CATHARINES, 107 ROOMS WITH 14,000 Sq. FT. OF COMMERCIAL SPACE, LOCATED ONE BLOCK FROM NEW ARENA AND A FEW BLOCKS FROM NEW ARTS CENTRE, STEADY CASH FLOW.

great investment/development land

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Last large parcel of prime development/investment land in the Niagara-On-The-Lake Business/Industrial Park. Close to all amenities, QEW, USA Border, airport and GTA. This vacant industrial land offers great potential being zoned prestige and light industrial. See listing agent for additional details. EVO Phase One available plus survey. Lot frontage on Townline is 266 feet assembling more or less 28.8 acres.

At $150,000 per acre this is the least expensive and largest parcel available for development in this industrial park. Already established companies like Purolator, the new federal building, Clares Harley Davidson, Can-Pick Cranes, the New Huskys and the DOT to mention a few.

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RichaRd m. oswald Sales Representative Email: roswald@homesniagara.com Bus: (905) 357-3000 FaX: (905) 356-5602 toll FREE: 1-800-216-4440 cEll: (905) 380-4667

Please say you saw it in The Commercial Investor

Niagara Real Estate Centre Inc., BRokERagE INdEpENdENtly owNEd & opERatEd 3770 Montrose Road, Unit 1B Niagara Falls, ontario l2H 3k3

Niagara Peninsula

Volume 14 Issue 04

62

Commercial Real Estate & Business Opportunities

Volume 14 Issue 04

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

business investor The perfect place to list all of your business opportunities For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 or Email: doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com

Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________

Please say you saw it in The Commercial Investor

Volume 14 Issue 04

63

Commercial Real Estate & Business Opportunities

Mortgages

New Lending Rules and Practices Are you a real estate investor that has run out of options for purchasing rental properties? Are you self-employed and successful in your career, yet cannot get a mortgage? You are not alone!

Having been in the mortgage business now for over 15 years, I have seen many new rules and regulations introduced by various governments. Some changes have worked well and others...not so well. The recent federal changes to borrowing/lending criteria involving cutting back loan-to-value (LTV) ratios from 85% to 80% and amortization periods from 30 to 25 years on insured mortgages has certainly impacted the industry. Of far greater impact and consequence are guidelines issued from the Office of Superintendent of Financial Institutions Canada (OSFI). OSFI has issued practices and procedure guidelines impacting all federallyregulated financial institutions on residential mortgages of 1 to 4 units and include home equity lines of credit. The impact is only starting to make itself felt as various financial institutions have re-worked and are re- working their lending practices and criteria.

The results are becoming dramatic and are beginning to significantly impact the industry.

One result of these changes is that many mortgage brokers have become challenged with finding appropriate financing for smaller investment properties. Lenders and other institutions have now virtually ended small rental property financing. Further, self- employed stated income or low documentation loans and lines of credit have been reduced to 65% (reference “income verification” and “non-conforming loan principles”). Institutional mortgage lending to self-employed investors has been dramatically affected.

Small real investors who have rental properties which were financed some years ago, may be looking at injecting additional cash into their properties for things like improvements and life-cycle repairs. With Banks no longer offering the financing that was available 5 years ago, much stress is now being created. We recently had a client (who is self-employed) who purchased 2 properties some 5 years ago. He wanted to put additional cash into the properties to improve them. However, he was not in a position to contribute his own additional cash equity into the property. Even though the property values have increased, and the investment has run very smoothly with principal loan amounts repaid as part of the amortized mortgage, the investor could not get more than 65% financing based on his specific circumstance. 5 years ago he received 95% LTV financing!

What is the solution to these new restrictions and limitations? The answer is private lending. There are no “rules” imposed on private lending. Pro Funds Mortgages has been focusing on private lending in the recent years. Interest costs are higher, but lending documentation and criteria is not regulated. Different private lenders set their own rules and lending criteria. Often, the strength of the real estate security is of greatest importance. If you are self-employed, or if you are buying a student rental, or if you are buying an investment or a home that needs renovations or may not be complete, or if you are buying in a region that may not be on the Banks list to lend on, or if this is an investment or rental property (large or small), Private lending may be the best approach. We can get the mortgage done. We have lenders that will lend up to 85% loan-to-value in most cases (and up to 90% on exceptions). Why let the banks deter your investment direction and activities. There is (almost) always a way. With the historically low interest rates of today, perhaps a business case can be made to invest with private funds at slightly higher interest rate.

It is certainly worth exploring.

If you are looking for a mortgage and cannot seem to get approved by our Banks then give this option a shot. On the other side, if you are an investor and have RRSPs and cash, this is your time to get involved in investing in mortgages as a lender. New doors are now opening for both borrowers and lenders.

A member of

Carmen Campagnaro President Pro Funds Mortgages lic# M08002562

Carmen@profunds.ca

1.888.330.3866

3390 South Service Rd., First Floor, Burlington, ON L7N 3J5 | 905.842.7011 x22 | Fax 905.842.7241 9649286_1714

Please say you saw it in The Commercial Investor

Business Investor

www.Profunds.ca • invest@profunds.ca

64

Volume 14 Issue 04

Commercial Real Estate & Business Opportunities

DOORS SALES AND INSTALLATION

WOmAN’S/mEN’S AppAREL RETAILER

cNc mILLING AND TOOL FABRIcATION

The Company sells and installs overhead doors, installing doors for new construction condominium and high-rise rental apartments and distributing equipment and parts.

Operating over 30 years - revenues are in the $5.5 M range and earnings in the $400K range.

Operating since 1992 with 12 stores located throughout key centers in Ontario, the business enjoys high margins with private branded products. Revenues are in the $5 million range and earnings in the $600K range.

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.

so

NDT pROVIDER Company provides NDT/NDE training, products, and services. Clients are in power generation, oil and gas, engineering training/consulting, and other service industries. Located 1 hour outside the GTA. Revenues are in the $7.5 M range with earnings averaging in the $500K range.

ld

Operating over 30 years and servicing the automotive industry the company employs 16 ft and generates over $2 million in revenues with earnings in the $350K range. Ownership will remain as needed to transition the business.

ENGINEERING cONSULTING

mANUFAcTURER OF AUTO BODY TOOLS & EQUIpmENT Located in the GTA the Company manufactures tools and equipment for the auto body repair industry.

Serving the aftermarket with 85 active customers in the US and 35 in Central and Western Canada, Company has revenues in the $3 million range.

LIFT TRUcKS AND HANDLING EQUIpmENT

mFG. TOpIcAL mEDIcAL pRODUcTS

The Company provides engineering consulting to building services, municipal services, private enterprise, transportation, Crown corporations, bridge design, and geotechnical. It serves multiple cities, counties, and districts in Ontario. Company employs 114 FT and generates revenues in the $13.5 M range.

mANUFAcTURER OF AUTOmATION EQUIpmENT FOR FOOD INDUSTRY

INjEcTION mOLD cOmpANY

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

r de r un ffe o

Business Investor

Located in Southwestern Ontario the company provides advanced and robotic systems for poultry, beef, pork, cheese, sliced meats, readymade foods, and industrial washing systems for all segments of the food industry.

Revenues in the $6 million range and earnings in the $900K range.

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

HOmE cAREGIVER

Non-medical, in-home care company providing a wide range of services, meal preparation, housekeeping, errand services, grocery shopping, companionship, transportation services, personal care, laundry, respite care, recreational activities, 24-hour care, live-in care, and palliative care. Revenues are $1.2 Million and earnings are in the $225,000 range.

EQUIpmENT & DIES mFG. Operating since 1993 and located one hour outside the GTA - the Company specializes in the design and manufacturing of stamping dies and special purpose equipment.

Revenues are in the $7 million range and earnings in the $2 million range.

“Selling Your Business is our Business” 416-780-0009 or 1-866-490-9991 Please say you saw it in The Commercial Investor

8157086_1714

H

A

M

I

L

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O

N 8148414_1714

Mazhar Roshan Sales Representative

905.929.9800 905.318.3800 647.609.9463

Direct 24 Hr. Pager

BROKERAGE

GTA Direct

mazharroshan@sympatico.ca DESIREABLE ANCASTER LOCATION

On Wilson Street at the corner of Hwy #52. Across from the Ancaster Fairgrounds. Brand new Esso Gas Station and a modern restaurant coming soon. 7 units to choose from, has 2 bay auto garage. Good for any type of retail, office, commercial, warehouse or other uses. Call listing agent for further details.

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Plaza location, busy Hwy 6 South, anchor tenants include Royal Bank, Pizza Depot, convenient store. Store front approx 931 sq ft, good for retail, office or any other use. TMI is approx $6 PSF, immediate possession. Call for more details.

D TE VALER I T O SEL

Location, Location, Location! Long established variety store, doing 25K sales per month + lottery + more, need prudent enterpreneur, great for family run operation, long lease reasonable rent, call LBO for more information.

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M

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.

BUSINESS FOR SALE

M

Long established mattress manufacturing business for sale, owner retiring. Lucrative opportunity for business enterpreneur, easy operation, money maker. Seller will provide full training and establish list, for more details call.

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D TE VALER I T O SEL

FOR LEASE BRANTFORD 1714_DJW_1_6668

LAND FOR SALE

GREAT BURLINGTON LOCATION - $114,900

M

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RETAIL STONEY CREEK MOUNTAIN 1714_DJW_1_0024

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BUSINESS FOR SALE BURLINGTON - $89,900

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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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FOR LEASE - $15.00 PER SQ FT.

3 T LY EF N L O TS LO

DOWNTOWN - HAMILTON $1,500,000

D TE VALER I T O SEL

price reduced 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.

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.

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legallyspeaking

More than what you bargained for Inheriting tenants with a commercial property

U

sually a home or property inspector can give you a good idea of the condition of the real estate you are buying.

Unfortunately, the one thing an inspector cannot tell you is whether tenants will come with the property, and if they are any good.

Purchasing a commercial property with existing tenants can be a great way to hedge investment losses in the property.

In addition, having them there will save you the time and expense of advertising to fill vacancies and can help you secure financing for the purchase of the property.

However, beware. Having tenants brings with it exposure to several types of liability, in many cases dictated by the commercial lease in place and real estate law. As a landlord it is important to understand there may be certain obligations for which you are responsible and understanding these obligations is critical to ensure you get what you bargained for.

Prior to purchasing a commercial property where you will be inheriting tenants:

Meet the tenants. It is important to discuss with them any complaints that they have with the property. This will help you gauge whether you will have a good working relationship with your future tenants, and will also provide valuable insight into potential issues with the property. If you have many tenants, or you do not want to deal with your tenants directly, discuss the options for engaging a property management company with your lawyer.

Know your rights. When you purchase a commercial property, any leases relating to the property will usually be assigned to you at the time of closing. If you consent to this assignment you will be bound to the terms of those leases. For example, these obligations could require that you remove snow from driveways, install or

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maintain security systems, pay for utilities, etc. Generally speaking, existing leases and then the Ontario Commercial Tenancies Act will govern your relationship with the tenant going forward.

Know your tenant’s rights. The lease will describe your tenant’s rights and the remedies he or she has against you if a dispute arises. These remedies may include abatement of rent payments, court or arbitration, or even cancellation of the lease. Be sure to have a lawyer review the lease and explain how you may be exposed to liability.

Review the leases prior to purchase. The leases will list your responsibilities to the tenant and vice-versa. These rights are impacted by the law relating to commercial tenancies as well. Be sure to make ‘Review the leases by your lawyer and that they meet his or her satisfaction,’ a condition of any agreement of purchase and sale. If you don’t like what you hear, it is not necessarily the end of the deal; you may be able to renegotiate the terms of the lease or the agreement of purchase and sale.

Commercial leases are very complex and intimidating documents; however, understanding your obligations and your tenants’ rights will allow you to feel comfortable knowing that your exposure is limited. These documents function to maintain stability, predictability and in short, the status quo.

Landlord-Tenant disputes often arise when a lease obligation is not being fulfilled or is unable to be filled, resulting in issues with the property.

Ideally, the landlord and tenant should keep a good relationship in order to be able to resolve these disputes amicably without resorting to the court system or other formal dispute resolution mechanisms.

Commercial leases require a lawyer familiar with the concepts and the law. Find a lawyer that has experience in the area because you will need a lawyer just as much after your closing as you did before.

Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the website (schwarzlaw.ca), email (schwarz@schwarzlaw.ca), or phone us at 1-888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.

Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP.

151 City Centre Drive, Suite 300, Mississauga, ON L5B 1M7

phone 905.268.1000 fax

905.542.2836 Member Commercial Division, Toronto Real Estate Board

INVESTMENT PROPERTY GEORGETOWN ,0 0

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• Brand New Construction • 3.23 Acres Land Parcel • 38,700 Sq Ft Built Up Area • 10 Year Lease + 10 Years Option • Triple Net Lease - Net Income $200,000/year

0

$3

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3110 WHARTON WAY, MISSISSAUGA - 13,640 SQ FT. ,0 0

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• Investor or end User opportunity • Corner industrial Free standing building • Ideal for Show room + manufacturing • Present Net Income - $65,860 • Low TMI • Building divided into 2 sections • Dundas retail corridor • Upgraded Power

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$1

1714_DJW_1_0077

GAS STATION - 30 minutes to BRAMPTON 0 0,0

• Shell Gas Station • 3.15 Acres land • + convenience store • + Country Style • + 2 Apartments • + Propane sale • + more options • Net Income $850,000

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$5

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power of sale properties - prinicipals only MISSISSAUGA STREETSVILLE 00

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$4

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$2

Bungalow with basement Empty shell, some framing done...opportunity to construct own home or finish and sell.

Money making project.

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PORT HOPE CORNER BUILDING

NIAGARA PENINSULA 00

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$8

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$1

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BRAMPTON RETAIL SPACE

Excellent retail space fronting on Kennedy Rd - 927 sq ft

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Property includes 3300 sq ft home + 100 acres + barns, horse paddocks+++

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Three storey mixed use building with Restaurant on the main level.

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Commercial and ResidenTial mortgages 1st and 2nd up to 90% LTV Call 647-295-5501 for details www.connect2realestate.ca

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9853283_1714

1713_DJW_0006

Richard Cadieux, Broker 416-602-7587

2 Aura Commercial Units available! 335 sqft and 365 sqft.

Amazing Opportunity For Retail Space In One Of Canada’s Tallest Condominium Towers At The Corner Of Vibrant Yonge & College. Quaint Retail Space Amid Shops, Restaurants And Boutiques. 75 Storey Residential Tower With Commercial Concourse, Minutes To Subway & Transit With Future Access To The P.A.T.H. Underground Concourse.

&

11285848_1714

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Commercial Properties Business Opportunities Franchise Openings & more!

Al Direzze, Salesperson 416-617-2944

INVESTMENT OPPORTUNITY - SIMCOE, ON

M E G N A BROKER

cell: 905.547.3553 paul@megna.com 7 - 2 BEDROOM TOWNHOMES

410

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40 Holtby Ave, Brampton

'F2' Industrial Units with Office Space Close Proximity to 410, 407, 401 Individually Metered Hydro and Gas Wide-open Bays in Industrial Sections Ground Floor of Office Space Finished HVAC In-place for Office Space Radiant Heating in Warehouse Entire Building Upgraded

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$5.50/sf (Net), Renewable at $6.00/sf (Net) on 5-Year Terms; $1.95/sf TMI (Estimated)

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REAL ESTATE AND INSURANCE ANCE L LTD LTD.. BROKERAGE

401

FOR LEASE

V i s i t w w w. B o u t i n M a n a g e m e n t . c o m f o r m o r e d e t a i l s

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

www.iciworld.com OR www.iciworld.mobi FOR ALL MOBILE DEVICES

1,400+ BUSINESSES FOR SALE 400+ BUYERS 30,000+ Haves & Wants of INDUSTRIAL, COMMERCIAL, RESIDENTIAL & INVESTMENT REAL ESTATE AS WELL AS BUSINESS OPPORTUNITIES

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

App Store

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Commercial Properties • Business Opportunities • Franchise Openings & more!

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businessbarometer

Labour shortages worse for smaller businesses – CANADA JOB GRANT COULD HELP

A

ccording to the latest Help Wanted report from the Canadian Federation of Independent Business’ (CFIB), approximately 296,000 full and part-time job vacancies were reported in the fourth quarter of 2013. The overall vacancy rate remained virtually unchanged from the previous quarter, at 2.5 per cent.

These results are based on regular surveys of CFIB members on economic and business conditions, including shortages of qualified labour. Job vacancies in the quarterly report are defined as openings that remain unfilled for at least four months because business owners have been unable to find suitable employees.

“It’s not as simple as matching any unemployed Canadian with any job opening. Often, the people and the jobs are at opposite ends of the country,” said Ted Mallett, CFIB’s chief economist and vice-president.“And for highly specialized jobs, it becomes that much harder to find the people with the right skills and experience.”

The smallest businesses (between one and four employees) continue to bear the brunt of labour shortages, with a vacancy rate of 4.6 per cent.

Broken down by region, the vacancy rate was highest in Saskatchewan and Alberta (3.7 per cent). Newfoundland and Labrador (2.8), Manitoba (2.7) and British Columbia (2.6) were also above the national average. Prince Edward

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Island and Nova Scotia continued to have the lowest vacancy rates in Canada (1.9), followed by New Brunswick and Ontario (2.1). Quebec’s job vacancy rate remained stable, right at the national average of 2.5 per cent.

By industry, retail, hospitality and construction remain the sectors with the most job openings in Canada, each with more than 35,000 potential job openings nation-wide.

Most sectors have not seen major changes over the last several quarters, with a slight increase in vacancies in the transportation sector offset by a slight downturn in oil and gas.

“Although unemployment continues to be a problem in many regions, lingering labour shortages in certain parts of the economy are no less real,” added Mallett.

CFIB president Dan Kelly is in Germany with Minister of Employment and Social Development Jason Kenney, where they are studying that country’s delivery of job training.

Says Kelly of the seeming contradiction: “The labour market doesn’t always excel at bringing workers and jobs together.

Sometimes it needs a little help, and we look forward to seeing how training programs like the new Canada Job Grant will address this mismatch going forward.”

“I was really impressed how careers in the trades are celebrated in Germany,” added Kelly.“Canada has a long way to go in removing societal and education system biases against trades training.”

The full report is available online, cfib.ca.

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

COMMERCIAL PROPERTIES Commercial Properties BUSINESS OPPORTUNITIES Business Opportunities FRANCHISE OPENINGS & MORE! Franchise Openings & more!

396 MARTHA STREET, BURLINGTON - $789,900 THE STRATFORD WHITE HOUSE a-b Realty Ltd., Brokerage Each office Independently Owned & Operated

Mike & Maria Walsh Brokerage

SALES REPRESENTATIVES

Alexandra

PH:

905.545.1188

Fax:

905.664.0432

aborondy@rmxemail.com Web:

1714_DJW_0023

OFFICE BUILDING FOR SALE - CAMBRIDGE, ON EXCLUSIVE - $ 239,800 STEELES AVENUE RARE 2 ACRE PARCEL

Exit Realty Hare (Peel) Brokerage

RE/MAX Real Estate Centre Inc., Brokerage

519.658.9292

Stan Adams Eugene Stephen DignumRealtor Dignum Broker 519.748.7237

Sales Representative Cell:

Corner lot on Hwy 10. Minutes North of Brampton. Town water and gas. Commercial property on adjacent Great centrally located commercial property zoned suitable for many small business usages including offices for a lawyer, corner. Currently Prime an corner acres.which Designated indusaccountant or financial planner etc. The main level features openapprox concept13layout can be prestige reconfigured as a Estate Residential. trial zoning with other possible commercial uses. Next to 2513_DJW_1_0007

Independently Owned & Operated

2513_DJW_1_0006

11275033_2513 11277268_1714

www.HowDoYouWantToLive.com

1714_DJW_0089

Email:

2513_DJW_0052

11286080_1714

11276494_2513

bus 519-273-2821 Borondy res 519-393-6200 H.B. Comm, ASA, IRES e. m.m.walsh@rogers.com Sales Representative

Built by John Holmes around the time of the civil war this classical architecture currently a banquet and accomodation facility. The exquisitely appointed three suites on the second floor may be rented out yearly, monthly or nightly. Main floor with gala room and lounge are used for events, whether weddings, corporate parties, Christmas or any other function accommodating up to 50 guests with ample parking. Updates include: lifetime roof, windows, boiler, all fire coded. Conveniently located two blocks from downtown, four blocks to the river walk and 8 blocks to the Shakespearian Festival. FrontInvestment opportunity in Prime Downtown Burlington location.

Closetoto the equaling lake, QEW, shopping age of property runs block block 6 single family and amenities. Commercial/Residential freehold townhouse.

Main floor day spa currently leased for building lots. All contents including grand piano stay with the property list available More pictures $1,900/mth plus utilities. 2 bedroom residential unit (full vacant August upon 1st - request). pick your tenants or and live available at www.mikeandmariawalsh.ca or visit here yourself! Well cared for complex with lotsinformation of new development in immediate area. Condo fee www.stratfordwhitehouse.com.

MLS# 524162. $999,500 for road maintenance and common areas $120/month. www.396MarthaStreet.com for details.

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265 ST. DAVID STREET STRATFORD

Escarpment Realty Inc.,

reception office and a private rear office with existing pocket doors. There is also a spacious foyer area and a good 1714_DJW_2_0054 Prime mall and Hwy 401. office and kitchen. The sized storage/technology room and a 2 pc bathroom.new Upstairs is aOutlet large boardroom, private basement has reasonable headroom and is currently used for storage. Could easily be adapted to main floor business in 829 sq ft with 734 sq ft 1 bedroom apartment above. MLS 1391969. Please call Stan Adams 519-748-7237.

1.866.297.3948 I

www.eugenedignum.com

BURLOAK REAL ESTATE SERVICES - BROKERAGE INDEPENDENTLY OWNED & OPERATED BROKERAGE

SALES REPRESENTATIVE

williamjoelh@gmail.com OFFICE: 905-335-3042 | CELL: 289-442-0561

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NEW PRICE

HIGH TRAFFIC RETAIL SPACE

CORA - BREAKFAST AND LUNCH

FOR LEASE Burlington ON. - 2 Units

FOR SALE Golden Horseshoe location.

2,000 sq. ft. end cap. $20.00/sq. ft.

2,775 sq. ft. retail/warehouse $12.00/sq. ft.

High traffic loyal clientele.

9735712_2513 Established in 2009.

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BE SEEN IN THE LIMELIGHT! Highlight your hot, new and unique listings.

Feature 2 properties and your agent photo in a full colour quarter page ad.

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416-784-5060.

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THE COMMERCIAL INVESTOR: SPOTLIGHT THE COMMERCIAL INVESTOR: SPOTLIGHT

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COMMERCIAL PROPERTIES BUSINESS OPPORTUNITIES FRANCHISE OPENINGS & MORE!

GROUP

®

(519) 863-3328 cell (519) 535-8926 d f o rc e @ s utton.com

EXCELLENT OPPORTUNITY FOR 1 OR 2 SMALL BUSINESS OWNERS OR INVESTORS Commercial or Industrial Property for Sale on 1.42 acres with 4 well kept and constructed steel clad buildings (40x100, 40x72, 48x36, 20x35) fully serviced, natural gas and 3 phase power with alarm system in 3 buildings - over 9300 square feet on the main floors with some upper level space - lots of room for expansion - phase 1 environmental assessment completed April 23, 2008 - Good Potential Gross Income - Short 15 minute drive to Toyota or Cami - access to 401 or 403. 1714_DJW_0121 1714_DJW_0122 0914_DJW_0090

BRANTFORD LISTINGS

(University/Downtown Area)

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B ro ke r

N PR EW IC E

DARRYL FORCE

11286480_1714

Right Way Real Estate, 2007 Inc., Brokerage 11 Main Street, Norwich, Ontario, N0J 1PO

ALSO AVAILABLE 3 Buildings Investment/ Development: $3.5MM Bar/Grill with Building: $349K Great Location

449 K Building Only @ 10% Cap rate.

Sona Panchi

SALES REPRESENTATIVE

Brown Dog Cafe, Brantford $379K Royalty Free/Growing Sales

Retail space from 1000sq4000 avail in front of new YMCA/Laurier

Direct: 647.281.5581 sona@investsellbuy.com InvestSellBuy.com Office: 905.507.5177 30 Eglinton Ave., W. Suite C128 Mississauga, ON L5K 3E7 11284544_0914

Ltd., BROKERAGE

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Highlight your hot, new and unique listings.

Feature 2 prop erties and your agent photo in a full colour quarter page ad.

Reserve your space today! 416-784-5060 THE COMMERCIAL INVESTOR: SPOTLIGHT 20G COM

COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!

COMMERCIAL PROPERTIES Commercial Properties BUSINESS OPPORTUNITIES Business Opportunities FRANCHISE OPENINGS & MORE! Franchise Openings & more!

396 MARTHA STREET, BURLINGTON AYLMER, Ontario PRIMEBrokerage

120 foot frontage, across from Tim Hortons and beside the Beer Store.

6,000 sq ft building, three bay doors, offices, showroom, parts room, two hoists, property is completely paved Investment opportunity in Prime Downtown Burlington Close to thecars. lake, Phase QEW, shopping for location. approximately 100 and amenities. Commercial/Residential freehold townhouse. Main floor day spa currently leased for 2 andAugust 3 environmental available. $1,900/mth plus utilities. 2 bedroom residential unit1, vacant 1st - pick your tenants or live 2513_DJW_0052

H.B. Comm, ASA, IRES

Sales Representative

oliverproperties.ca 905.545.1188 PH: 905.664.0432

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11276494_2513

Alexandra Borondy

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HIGH TRAFFIC LOCATION

Escarpment Realty Inc.,

Fax:

$789,900

aborondy@rmxemail.com Steve Tanton, Broker here yourself! Well cared for complex with lots of new development in immediate area. Condo fee for road maintenance and common areas $120/month. www.396MarthaStreet.com for details.

519-495-7070 | stevetanton@gmail.com $399,900 www.HowDoYouWantToLive.com Email:

Web:

$

239,800

GRIMSBY

Up to 9,125 sq. ft. of warehouse space with offices, available in fenced compound on South Service Road, Grimsby close Niagara Real Estate Centre to Christie St. exit at QEW. RE/MAX Real Estate Brokerage, Independently Owned & Operated Landlord is willing to renovate Centre Inc., VICTORIA AVE + QEW, VINELAND FAMOUS “TAKE OUT” RESTAURANT Office: 905-945-1234 RANDY’S HAMBURGERS, one of Hamilton’s most The current tenant (Vineland Wok) is vacating, so the owner office space to suit a long-term Brokerage famous “new take-out restaurants” is for sale! The grasssays “SELL!!” Permitted uses at this high traffic location include tenant. Asking $7.75 per sq. ft.

519.658.9292 beef and home-made garnishes are the secrets to suitable restaurant, store, business florist, farm usages produce outlet, Calloffi Wilf Broker Greatfedcentrally located commercial property for convenience many small including cesWallace, for a lawyer, success oforthis profitable planner business. etc.

Recipes included! artisan shop, etc.an Excellent Landlayout and building and can accountant financial The main level features openlocation! concept which be LePage reconfiNiagara gured as a Royal Real Outstanding opportunity at only $74,900. restaurant equipment included in the asking price of $299,900.

Broker reception office and a private rear office with existing pocket doors. There is also a spacious foyerEstate area and a good Centre, Call Wilf Wallace, Broker Call Wilf Wallace, Broker Realtor sized storage/technology room and a 2 pc bathroom. Upstairs is a large boardroom, private office and kitchen. The Brokerage.

Royal LePage Niagara Real Estate Centre, Royal LePage Niagara Real Estate Centre, basement has Brokerage, reasonable905-945-1234 headroom and is currently used forBrokerage. storage. Could easily be adapted to main floor business in www.royallepage.ca 905-945-1234 905-945-1234 Cell: 519.748.7237 829 sq ft with 734 sq ft 1 bedroom1714_DJW_1_0034 apartment above. MLS 1391969. Please call1714_DJW_1_0035 Stan Adams 519-748-7237.

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2513_DJW_1_0006

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OFFICE BUILDING FOR SALE - CAMBRIDGE, ON SOUTH SERVICE ROAD,

Wilf Wallace

Stan Adams

9735712_2513

BE SEEN IN THE LIMELIGHT! Highlight your hot, new and unique listings.

Feature 2 properties and your agent photo in a full colour quarter page ad.

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416-784-5060.

18G COM

THE COMMERCIAL INVESTOR: SPOTLIGHT THE COMMERCIAL INVESTOR: SPOTLIGHT

$0..&3$*"- 1301&35*&4 t #64*/&44 0110356/*5*&4 t '3"/$)*4& 01&/*/(4 .03& Commercial Properties • Business Opportunities • Franchise Openings & more!

21G COM

Mortgages

:21'(5/$1' 3$7+ 72:1+20(6 L O N D O N

#12051

background illusrtation purposes only

*actual house rendering

47 Incredible Townhomes Pre Construction Prices starting from $279,900!

Positive Cash Flow up to $686 per(permonth! unit / unit specific) · Only 22 pre-construction units available at this price! · Reservations being taken now - first come, first serve

26 25 24 23 22

32 31 30 29 28 27

21

20 19 18 17 16 15

· Built for Rental · 3 Bedroom: 33 Units, 1425sq ft., 1 Car Garage

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· 4 Bedroom: 14 Units, 1700sq ft., 2 Car Garage

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· Property Management: Available

36 37 38 39

Up to 21.5% ROI on 20% Down!

Up to 49% ROI on our RRSP Exchange Program!

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40

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1.888.330.3866

2

1

Currently for pre-construction sale in phase I.

*Units 23-47

44 45

Will be available in phase II.

46 47

Location

Wharncliffe Road South, London Minutes from Highway 401!

11278058_1714

Visit us Online:

www.profunds.ca

DISCLOSURE: This is not an offer to sell securities. Licensed mortgage agents/brokers and independent legal advice are required to close all transactions.

All mortgages are closed through Verico Pro Funds Mortgages Inc. (Financial Services Commission of Ontario – FSCO Mortgage Brokerage License No. 12051).

COM

3

*Units 1-22

42 43

Pro Funds Mortgages í 3390 South Service Rd. Suite #201, Burlington ON, L7N 3J5

22G

4

Site Map

41

Real estate brokerage respresentation is R.O.I. Realty. This is a Pro Funds Project.

Call Us Today:

5

11286152_1714

23G COM

Real Estate and Mortgage Investment Specialists

Buying Power Let Profunds be your

Mortgages #12051

· 1st and 2nd mortgages direct from private investors

· Funds available from $25,000-$10,000,000

· First mortgage rates at 6-10%, Second at 11-14%

· Quick closings can be accomodated

Residential

Commercial

Development

Rental

Construction

Private Funds

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L>KOBG@ BGO>LMHKL ?HK HO>K RECENT TESTIMONIAL:

“Our special thanks to you for the wonderful job you did on our 2nd mortgage financing request earlier this month. We commend you for your attention and understanding to mortgage and property details and furthermore the relentless determination to make and close the deal.”

Earn Positiv� Returns

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