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Commercial Investor - 01 Feb., 2014

Page 1

Feb 01 - Feb 28, 2014 Volume 14 Issue 01

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

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4513_DJW_0029

manufacturing facility for sale - $3,700,000.00 66,290 sq. ft., 2.93 acres, 2,000 ampere electrical capacity. Large bays, natural lighting, 18’ clear ceiling height, 7 dock doors, 4 large drive-in doors. Contact: R. Blake Hull, Sales Representative Coldwell Banker Peter Benninger Realty, Brokerage Off: 519.743.5211 bhull@coldwellbankerpbr.com

Apartment building - thamesville - $999,999 Very attractive and well-maintained 3-storey, yellow splitblock, 20-suite, condo-titled rental apartment building, centrally located on Hwy 2 in the Town of Thamesville (near Chatham). Conveniently located minutes from downtown and many amenities - grocery store, banks, restaurants, ample parking, etc. Many capital improvements have been done, including new roof Summer 2013. Suites have newer ceramic flooring and newer carpet. Lovely landscaped lot. Gross income approx. $150,000. 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

FREE SUBSCRIPTION!

land & building for sale or for lease 3,600 sq. ft. fully equipped restaurant with patio in fastest growing area in Hamilton. John Paisley, Broker Midevco Commercial Realty Corporation, Brokerage 905.639.7426 Ext. 202 Email: john@midevco.com www.midevco.com

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

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3313_DJW_0001

2913_DJW_0063

trophy income property opportunity! A magnificently restored detached Edwardian mansion overlooking Riverdale Park and the City skyline. Thirteen unique self contained apartments feature elegant interior finishes with multiple fireplaces & private decks. This prime income property also boasts an impressive entry foyer with sweeping oak staircase rising to a south facing art deco glass window and a baronial 2nd level. Onsite parking and steps to the Bloor Danforth subway. Offered at $2,495,000. Contact: Kevin Gillen, Broker of Record K.P. Gillen & Co. Realty Ltd., Brokerage Direct: 416.964.9460 Kevin@kpgillen.com www.kpgillen.com


COMMERCIAL OPPORTUNITIES

Situated along QEW corridor in Grimsby at Casablanca Blvd. 1100 sq./ft. Units starting at $264,900. Larger units available! Ideal for investors or end user. Surrounded by high density residential development with direct exposure to QEW and major anchors. 4913_DJW_3_0044

FOR LEASE

$15 PER SQ FT PLUS $9 TMI/CAM

Units for lease in brand new 3 storey building in Binbrook. Main floor and lower level, up to 15,000 sqft. available and can be divisible down to 800 sqft. Plenty of parking and high visibility on a major road, near school and shopping on a hard corner. Open your business here or relocate for better exposure. 4913_DJW_2_0028

FOR SALE

$489,900 IN HAMILTON

$699,000 IN HAMILTON

Solid 10 unit building situated on busy Upper James between Fennell and Concession. Consists of 8 residential units and 2 commercial retail units and long terms sign lease with CBC Outdoor. Rare opportunity! Priced to sell, call Listing Agent for details!

*HomeLife Macro Realty Inc., Independently Owned & Operated

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FOR LEASE

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. 0514_DJW_0018

Brokerage

COM

FOR SALE

$21 PER SQFT PLUS $4 TMI/CAM

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

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4913_DJW_1_0039

Nicholas Kazan, Broker Nicolas von Bredow, Broker

905.574.3038 1.888.751.2229 www.HLCommercial.ca

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H O M E L I F E M ACRO

*

COMMERCIAL RETAIL/OFFICE CONDOMINIUM OPPORTUNITY


905.270.8840

Roger Jain, P.Eng., CCIM, REI, FRI

Neil Jain, B.A., AMP

Broker /V.P. Commercial Division

Broker

C: 416.560.5246 / E: jain@ccim.net

C: 905.257.2579 / E: neil@bell.net

MIXED USE, ELLIOTT LAKE

4913_DJW_0074

Corner retail investment opportunity. Fully leased. Still lots of potential and projected growth. Minutes from the beaches. Future re-development opportunity. 12,500 sf.

Hwy 407 frontage. Industrial/commercial land. Wide ranges of uses. Full services are available at the lot line.

OFFICE - TORONTO

MIXED USE, OAKVILLE

Over 11,800 sf, fully renovated freestanding building, two storey, potentially be leased separately making this a great owner/investor opportunity. Immediate access to 400 series hwys, Airport and International Center. ASKING PRICE

$1,675,000

C1

B2

ASKING PRICE $3,950,000

A3

Great opportunity to redevelop. Possibility of High Density up to 10 stories. Near New Oakville Hospital (Under Construction). ASKING PRICE $2,250,000

Great investment opportunity in Elliot Lake Downtown, excellent project with retail on the main floor and office or residential. apartments on the second floor which is vacant and ready to be developed. Call for details. ASKING PRICE: $1,095,000

B3

OFFICE/RETAIL - HAMILTON 4913_DJW_2_0100

ASKING PRICE: $595,000 PER ACRE

4913_DJW_5_0088

ASKING PRICE: $4,495,000

4913_DJW_4_0088

LAND - BURLINGTON

ASKING PRICE: $3,590,000

4913_DJW_1_0101

A1

RETAIL - TORONTO

Commercial strip plaza, 10,100 s.f. Building anchored by Rexall Pharmacy, close to major highway, located on a street with high traffic, Serious buyers (Principal) only.

C2

4913_DJW_3_0086

ASKING PRICE: $5,995,000

Corner 2-storey office/retail building on Bloor Street. Anchored by a major bank. 4 porfessional offices. Excellent exposure. Parking lot in rear. Well maintained.

4913_DJW_2_0105

Great investment opportunity. 5 years new. 100% leased with long-term lease up to 20 years. Approx. 20,000 sf building.

RETAIL - TORONTO 4913_DJW_0073

RETAIL/OFFICE - TORONTO 4913_DJW_1_0103

OFFICE - MISSISSAUGA

®

DER UNL SOONTRDACT C

In heart of downtown Hamilton. 30,000 s.f. building with retail on the main floor. Fully tenanted. Office space on 2nd and 3rd floor for renovation. Good project with low cost of approx. $50/s.f. Call for details. ASKING PRICE $1,595,000

C3

DEVELOPMENT PROJECTS

BUSINESSES FOR SALE

U.S. PROPERTIES

- St. Catharines, mixed-use, 3 stores, 13 apts, opposite to Brock University, Opening 2014. ASKING $1,150,000

- Shell with Tim Hortons. Profitable. Net income approx. $600K. CALL FOR DETAILS - Petro Canada. Profitable. Net income approx. $500K. CALL FOR DETAILS - Sports Bar Triple ”A” Franchise. Busy intersection. ASKING $600,000 - Williams Fresh Café with Yogurty’s franchises in Burlington plaza. ASKING $495K - Kelsey’s in Toronto. Serious buyers only. CALL FOR DETAILS

- Miami, Florida: New Office/Retail Park. CALL FOR DETAILS

- Brampton, development land, 3.5 acres, permits industrial use as well as certain commercial use. ASKING $1,050,000 PER ACRE - Brampton, two lots, 1.1 acre. Many uses are permitted. ASKING $2.9 MILLION D1

- Orlando, Florida: Brand new construction, tenant McDonald, NOI & $125,000. Long lease. CALL FOR DETAILS - Sarasota, Florida: Two building Retail/Office complex. 12.858 sf, high traffic. ASKING $1.5 MILLION

D2

D3

Commercial Sales People Needed. Training shall be Provided. Please Call for Details Commercial mortgages for all types of properties (Retail, Office, Industrial, Multi-Residential, Gas Station, Hotels...) Private Money is also available for qualified Buyers. Please call for more details. 11270998_0514

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SOUTHWESTERN ONTARIO INVESTMENT TEAM

SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities 5,930 SF on 1.3 Acres London, ON

London, ON

• Dynamic retail & residential growth area • Income with development potential • For Sale by Modified Tender Jack Cox** 519 286 2007 jack.cox@cbre.com

Vacant Commercial Sites

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

Barry Poley* David Yanoshita* 519 286 2015 519 286 2020 barry.poley@cbre.com david.yanoshita@cbre.com

14.7 Acres Highway Commercial

Kitchener, ON

• 0.9 acres • Potential for 175 units • Central to multiple Light Rail Transit stops

Joe Benninger* CCIM Barry Poley* Martin Cote* 519 340 2323 519 286 2015 519 340 2317 joe.benninger@cbre.com barry.poley@cbre.com martin.cote@cbre.com

Vacant Land - Banwell/EC Row Windsor, ON

Prime Fringe-Core Office Building London, ON

• Exclusive Listing • 90% Leased • Anchor Tenants: Canada Post, General Dynamics Tim Schnurr* 519 286 2018 tim.schnurr@cbre.com

High Profile Condo Development Site 23,247 SF Single Tenant Office Space

Dorchester, ON

• 2 parcels of 7.9 acres and 6.8 acres • Located on Hamilton Rd., Thames Centre • For Sale by Modified Tender

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Downtown Guelph Office Building Guelph, ON

Windsor, ON

• 100% leased to Ontario Government • Projected NOI: $288,665 (2014) • Mortgage: Treat as Clear of Financing Brook Handysides* 519 946 3030 brook.handysides@cbre.com

Free-Standing Tim Hortons Corunna, ON

• 20,251 SF, 60% Leased • Up to 163.7 acres • Partial zoned Business Park, Retail/Commercial • $3,400,000 • 8.3% Cap Rate on Proforma Income CD4.1 • Various parcel sizes could be severed

• 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

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

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

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

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

* Sales Representative ** Broker

www.cbre.ca

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

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AS AT TRELEAR C

TORONTO

SOL PROID BU PER ILT TY

38 Suites

% 25.5O.I. R.

LONDON

EXC E LOC LLENT ATIO N

CO

NDO

STA TUS

Principals Only Please

Principals Only Please • 6 x Bachelors • Asking $5,275,000 • Asking $138,816 per Suite 25 x One Bedrooms • Located in a Quiet 7 x Two Bedrooms Residential Rental • Upside Potential on Neighbourhood in Rents, Parking, and East York, close to Storage Lockers Don Valley Pkwy and • 5.2% CAP Rate Danforth Ave • 18.2% R.O.I. • Capital Items in Good • Treat Financing as Clear Condition • Seller May Consider • Thermo Windows • Storage Lockers Available VTB to Qualified Buyer

NORTH YORK

WELLAND CE PRI CED U RED

• Asking $4,435,000 • Asking $85,288 per Suite • Located near Highway 406 exit and Close to All

• 44 x Three Bedrooms 8 x Four Bedrooms • Complex is Condo Draft Plan Approved

Amenities • Many Recent Upgrades to

• Tenants Pay for Own

Complex in 2012 Including

Heat & Hydro

Roofs, Sidewalks, Exterior

• 6.3% CAP Rate

Painting, and Unit Upgrades • 20.0% R.O.I.

• Condo Quality Model Home Already Completed

• Treat Financing as Clear!

52 Suites

OSHAWA

ENT ! REC ADES R UPG

U PO PSIDE TEN TIA L

Principals Only Please

Principals Only Please

• 10 x 2 Bdrm Townhouses • Asking $1,575,000 5 x 3 Bdrm Townhouses • Asking $105,000 per Suite • Utilities Paid by Tenants - • Each Unit has its own Basement Water Phased in on • Property is in Desireable Turnover • Each Unit Contains its own South-West London Location Furnace and Water Tank • 6.3% CAP • Tenants Supply Own • 25.5% R.O.I. Washer and Dryer • Property is Professionally • Treat as Clear Managed Without On-Site • Buyer to Arrange Own Financing Superintendent

• 10 x One Bedrooms • Asking $1,890,000 8 x Two Bedrooms • Asking $90,000 per Suite 3 x Three Bedrooms • Three Storey Walk-up • Potential Upside in Rents Located in Good Rental • Recent Renos include Neighbourhood Some Unit Upgrades, • Each Unit has their own Mailboxes, and Common Hot Water Tank Area Flooring • Coin Laundry Produces • 5.5% CAP Rate Above Average Revenues• Ex. 1st Mortgage of Approx. • Roof Re-Shingled in Last $1,260,000 @ 2.99% for 5 5 Years Years to be Assumed

15 Townhouse Units

21 Suites

T DA ATE RST LOCATHU B

TRE CLE AT A AR S

Principals Only Please • Asking $4,600,000 • Asking $153,333 per Suite • Great Location Close to all Amenities; TTC Transit at Door • Building Presents Well to Potential Tenants • Outdoor Surface Parking • Thermo Windows • Individually Metered Tenants Pay Own Hydro

•

1 x Bachelors 15 x One Bedrooms 13 x Two Bedrooms 1 x Three Bedrooms • Property has some Upside Potential • 5.3% CAP Rate • 18.6% R.O.I. • Treat Financing as Clear • Seller May Consider a VTB to Qualified Buyer

30 Suites

LONDON

NT ! CE ES RE RAD G P U

23.4% R.O.I .

Principals Only Please • 19 x One Bedrooms • Asking $2,875,000 • Asking $79,861 per Suite 17 x Two Bedrooms • Many Recent Upgrades • Individually metered Including Roof, Parking, Tenants Pay Own Common Area Hallways, Hydro • Outdoor Surface Unit Renovations • Professionally Managed Parking • Upside Potential on Property Rents • Located in North End of • 6.0% CAP Rate London, Close to • 23.4% R.O.I. University of Western • Treat Financing as Ontario Clear

36 Suites

8172756_0514

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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 / INVESTMENT St. Thomas, ON $925,000

FOR SALE or LEASE Mount Brydges, ON

• 5 Neighbouring income producing properties • $110,000 Net Income 2012 • Potential for vendor take back mortgage • Minimal vacancy

• 8.37 acres industrial land • 9,300 sf industrial office • $31,000 of revenue from towers

• Lease Rate: $3.95 psf Net • Sale Price: $2,900,000 • 10,000 to 103,000 sf on 6.72 acres of land

David Jongerden *

Philip Cassis **

Tyler Desjardine *

INVESTMENT PROPERTY London, ON $ 390,000

FOR SALE or LEASE Chatham, ON

INDUSTRIAL INVESTMENT London, ON $ 1,590,000

• 2 separate parcels of vacant land • Total of 0.96 acres • Carefree Net Lease to Landlord

• • • •

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

Jessica Huysmans *

Tom Rudell *

Brent Rudell ***

RETAIL / OFFICE London, ON $ 3,800 per mth

RETAIL / AUTOMOTIVE BLDG London, ON $ 9.00 psf Net

BUSINESS OPPORTUNITY Sarnia, ON $ 569,000

• • • •

• • • •

• • • •

Downtown location Zoned DA2 Formerly used as fitness club Suitable for a variety of uses

Jameson Lake *

Lease Rate: $7.00 psf net Sale Price: $4,800,000 835 sf up to 1,637 sf available Zoned UC(OS)

14,000 sf building on 1.5 acres Former Honda Dealership Excellent exposure Showroom / Shop area

Gary Pollock **

Great Turn-Key operation 150k spent on improvements 2,000 sq , plus lower level Licensed for 80 inside, 30 outside

Kenn Poore **

Sales Representative * | Broker ** | Broker of Record *** 6G

COM

11266917_0514

Tel: (519) 438 5588


SILVESTRI INVESTMENTS EXCELLENT DEVELOPMENT & INVESTMENT OPPORTUNITIES

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

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

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

309 South Pelham Road Welland, Ontario

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

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

Welland Approx. 14.5 Acres South Pelham and Webber Road

FLORIDA CONDOMINIUMS IN NEW SMYRNA BEACH

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

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

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

11102630_0514

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Private Mortgage & Real Estate Specialists

Mortgages #12051

WONDERLAND PATH TOWNHOMES L O N D O N

47 Incredible Townhomes Pre Construction Prices starting from $269,900! Location:

Wharncliffe Road South in London, Ontario. Minutes from Highway 401! · Units are built specifically for Rental. · Positive Cash Flow upon completion & Rental.

32 31 30 29 28 27

26 25 24 23 22

21

20 19 18 17 16 15

· 3 Bedroom: 33 Units, 1425sq ft., 1 Car Garage · 4 Bedroom: 14 Units, 1700sq ft., 2 Car Garage

33

· Property Management: Available

34 35

· High End New Area: Fantastic South London Location

36 37

· Limited Offer: 22 pre-construction units available

38

(on first phase only)

39

· ROI: Up to 22% ROI on 20% Down! Up to 49% ROI on our RRSP Exchange Program!

14 13 12 11 10 9

8

7

6

5

4

3

2

1

40

Site Map

41 42 43 44 45 46 47

Use your RRSP/TFSA as a Down Payment! Ask about our Registered Fund Exchange Program 10126377_0514

Call Us Today:

1.888.330.3866

Visit us Online:

www.profunds.ca

Pro Funds Mortgages • 3390 South Service Rd. Suite #201, Burlington ON, L7N 3J5 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). This is a Pro Funds Mortgages project, and is builder direct.

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Volume 14 Issue 01

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 . . . . . . . . . . . . . 34 Central Ontario . . . . . . . . . . . . . . . . . 56 Eastern Ontario. . . . . . . . . . . . . . . . . 59 Niagara . . . . . . . . . . . . . . . . . . . . . . 63 Business Opportunities . . . . . . . . . . . 69

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

haliburton

smiths falls collingwood

Cornwall

charlottenburgh

georgina Brock

Bradford

Lindsay

Peterborough

uxbridge

Newmarket

Orangeville

cobourg

campbellford

Oshawa Bowmanville

Mississauga Waterloo Guelph oakville Kitchener

next issue:

Toronto

February 18, 2014

cambridge Burlington

Hamilton

Ancaster

Woodstock Brantford London

Haldimand tillsonburg

Advertising deadline:

St. Catharines Niagara Falls

March 01, 2014

Welland Fort Erie dunnville

nanticoke

gananoque

Kingston Belleville Trenton

Markham caledon pickering georgetown vaughan scarborough Brampton

grand Bend

elizabethtown

orillia

Barrie port elgin

goderich

Maxville

Augusta

Owen Sound

listowel

Sarnia

Manotick carleton place Mountain Merrickville perth Morrisburg

Simcoe

Norfolk

For advertising information call

Chatham

416-784-5060 Toll Free 1-877-269-8257 or e-mail us at: thecommercialinvestor@wall2wallmedia.com

Windsor

Published by: diRectoR of sAles Josh Heppner

401 The West Mall, Suite 500 Etobicoke, ON M9C 5J5

MediA consultAnt Doreen Wills

Tel: (416) 784-5060 Fax: (416) 789-9705 Toll Free: 1-877-269-8257

sAles co-oRdinAtoR Jennifer Mardini, Nobia Bhatti (on leave)

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editoR Elisa Krovblit

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Copyright Notice: All copyright and other intellectual property rights in the contents hereof are the property of Wall2Wall Media™ and not of the customer. The customer has purchased the right of reproduction in The Commercial Investor only and does not have the right to reproduce the ad or photo in any other place or publication. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. Wall2Wall Media is a trademark of Yellow Pages Group Co. in Canada. Copyright 2014 Copyright 2014 Wall2Wall Media™. All rights reserved by Wall2Wall Media™, Toronto, Ontario, Canada. Reproduction, storage in a retrieval system or transmission in any form or by any means, whether electronic, mechanical or otherwise, in whole or in part, without the

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prior written permission of Wall2Wall Media™ is strictly prohibited. Published every month by Wall2Wall Media™. Terms Advertisers and The Commercial Investor are not responsible for typographical errors, mistakes or misprints. Payment in full must accompany the insertion order by cheque or money order only. Insertion by phone: we accept Visa and Mastercard. Please check your ad for accuracy, the first issue it appears. If you find an error, report it immediately. The Commercial Investor will not be responsible for more than one correct insertion. Please recycle this magazine! Wall2Wall Media participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.


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Volume 14 Issue 01

Commercial Real Estate & Business Opportunities

special features 12 in the news — Bramalea City Centre (BCC) receives prestigious Level 4 BOMA Best Certification 18 in the news — Avison Young releases 2014 commercial real estate forecast for Canada, U.s. 41 BUsiness BerOMeter — Confidence among entrepreneurs up in January 45 hOt tOpiC — salary or dividends? small business owners should review their compensation strategy 48 BUsiness sAvvY — executive professional accountants forecasting growth in employee numbers

64

53 in the news — Ontario business questioning outlook for 2014, according to new report 58 in the news — Canadian investment advisors remain overwhelmingly bullish on stocks 64 in the news — Bank of Canada maintains overnight rate target at 1 per cent

41 Glossy section editorial 12G LeGALLY speAkinG — the commercial mortgage: some things to consider By Jayson Schwarz and Konstantine Chatzidimos

12

Please say you saw it in The Commercial Investor


Volume 14 Issue 01

3

Commercial Real Estate & Business Opportunities

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Commercial Real Estate & Business Opportunities

Volume 14 Issue 01

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 01

5

bRokeRaGe independently owned and opeRated

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_0514

Grand Valley Realty

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 119 UNIVERSITY AVENUE WEST, WATERLOO

52 NOECKER ST. WATERLOO

1,530,000

$

• $99,000+ Gross Income • Rental Licensed triplex • 17 students • Steps to both UW and WLU

$

• High density MR 25 zoning • MLS® 0514_DJW_0073

29 YOUNG ST. W. WATERLOO

• • • •

975,000

$82,000+ Gross Newer, purpose built 15 Student Triplex Easy Walk to UW/Uptown

• ESA and HVAC Certificates $ 0514_DJW_0058

423 TAMARACK DRIVE, WATERLOO

429,900

$

• $35,700 Gross annual income • 7.16% yield with 20% down • Nearly $7,000 positive cash flow after debt service

0514_DJW_0057

• $51,300 Potential Gross Income • 9-(5+4) Student, Rental Licensed Opportunity

424,900

429,900

$

• $35,000+gross annual income • 4 bedrooms upstairs, 3 bedrooms downstairs

4913_DJW_1_0117

130 MARSHALL STREET, WATERLOO

4913_DJW_2_0088

374,900

$

• Expand footprint for more rooms! • Popular Student Street • MLS® 4913_DJW_1_0047

120 MANSION STREET, WATERLOO

• Income with character • Rental licensed duplex • 73 Walk Score (Very walkable)

0514_DJW_0072

• Investment with a cool factor! • $1250 monthly income • Authentic loft living • High ceilings, exposed brick

4913_DJW_0015

6.10 PSF

$

199,900

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

• $2125+ Monthly income • Great neighbourhood • MLS®

500 BINGEMANS CENTRE DR., KITCHENER

$

13.00 SF

$

• Fully licensed, city approved • Huge backyard • Easy walk to both universities. • MLS® 4913_DJW_1_0076

89 WILLIAM STREET WEST, WATERLOO

395,900

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

• 6.37% Cap Rate • 10.33 Cash on Cash Return • MLS® 4913_DJW_1_0036

426 TAMARACK DRIVE, WATERLOO

$

• Good clean tenants • MLS®

4 535 PARK ST., KITCHENER

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

• 90 Walk Score

• $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®

585,000

$44,000+ Gross Classic Student Triplex Extensive Fire Retrofits Long term Rental Potential

529,900

$

144 ERB STREET WEST, WATERLOO

$

• • • •

164 HERBERT STREET WATERLOO

• Close to vibrant, downtown Kitchener • MLS®

• $6.10 per sq. ft. • 2599 square feet • Newer, fresh, space available! • Modern Class A Building!

4913_DJW_1_0046

Please say you saw it in The Commercial Investor

• Close to both Highway 7/8 and proposed expansion. • Ideal for showroom/warehouse combo. 4913_DJW_1_0045 • MLS®


6

Volume 14 Issue 01

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

Whitney & Company Realty Ltd., Brokerage

INVESTMENT OPPORTUNITIES 185 GLASGOW ST, KITCHENER

41 CONROY CRESCENT, GUELPH

• Freestanding building in Belmont Village • Corner location, ample parking, pylon signage • Leased to April 2015. NOI $72,000 per annum MLS • $1,395,000 4913_DJW_0053

416 LANCASTER ST W, KITCHENER

• 21 unit apartment building • Condo titled • Recently renovated, fully leased • New Price $2,849,900

MLS 0514_DJW_0029

• 1.23 acre multi-res development site • Preliminary site plan approval for 32 unit apt bldg. Suitable for stacked townhouses or retirement facility. MLS • $1,350,000 4913_DJW_2_0038

261 FREDERICK ST., KITCHENER

MLS 4913_DJW_2_0052

90 DOON VALLEY DR., KITCHENER

• Purpose built 10 bedroom student rental building • Less than 5 min walk to Conestoga College • NOI $42,268.87 per annum MLS • $629,900 4913_DJW_0055

1015-1051 KING ST E KITCHENER

• Redevelopment opportunity • 25,250 sq ft on 1.19 acres • Zoned for high density development • $2,295,000

• Centrally located 20 Unit, 5 storey walk-up • Many capital improvements completed • On site parking • $2,400,000

54 BRIDGE ST W, KITCHENER

4913_DJW_2_0023

• Renovated & fully leased tri-plex • Main floor commercial unit • Residential upper levels • New Price $459,000

47 CHARLES ST. E., KITCHENER

MLS 4913_DJW_2_0054

• Recently renovated 6-plex • Walking distance to downtown core • Separately metered utilities • New Price $649,900

159 CHURCH ST., KITCHENER

• Completely renovated 6-plex • Onsite parking • Fully leased • New Price $775,000

242 AVALON PL., KITCHENER

MLS 4913_DJW_2_0053

• Exceptionally well maintained • Boilers, windows, doors replaced • Renovated suites, detached garage...more • $1,400,000

27 RIVERVIEW PLACE, KITCHENER

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

MLS 4913_DJW_2_0055

MLS 4913_DJW_0054

89-103 MAIN STREET, CAMBRIDGE

MLS

• Main floor retail/office units available • From 2776 to 4150 sq. ft. • Asking $8,95 psf new

4913_DJW_2_0025

EXCL 4913_DJW_1_0097

8157182_0514

John Markou, Sales Representative john.markou@whitneyre.com Ext 242

Christopher Coupal, Broker, CCIM christopher.coupal@whitneyre.com Ext 238

519-746-6300

James Craig, Sales Representative james.craig@whitneyre.com Ext 259 Although the information contained within is from sources believed to be reliable no warranty or representation is made to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Whitney & Company Realty Ltd., Brokerage.

Please say you saw it in The Commercial Investor


Volume 14 Issue 01

7 Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

Whitney & Company Realty Ltd., Brokerage

Leasing OPPORTUniTies 453 PARK STREET, KITCHENER

1595-1601 VICTORIA ST. N. KITCHENER

• 750 & 1,500 sq. ft. office space • Medical building behind Grand River Hospital • Pharmacy located onsite. Ample parking. MLS • $11.95 psft net 4913_DJW_0046

92 KING ST. S., WATERLOO

• Great open concept 2nd floor space • Own private entrance • 2,032 to 4,065 sq. ft. • Located in heart of uptown Waterloo

MLS 4113_DJW_1_0028

• 1,478 sq. ft. turnkey dental office, Suite 202 • 3 treatment rooms & reception area • Free onsite parking…great location • $22.00 psf net

MLS 0514_DJW_0038

MLS 4113_DJW_1_0013

• 696, 1,061 & 2,250 sq. ft. retail/office • Located on public transit. On-parking. • Convenient location • $2.50 & $7.45/ sq. ft. net.

• 1,464, 1482, 1507 sq. ft. retail/office units • Brand new building • Patio space available with end unit • $20.00/sq ft net

2 KING ST. N. # 6, WATERLOO

MLS 4113_DJW_0048

James Craig, sales Representative james.craig@whitneyre.com ext 259

MLS 0514_DJW_0037

105 OAK PARK DRIVE, WATERLOO

• 1,227 sq. ft. retail unit • Great location south of University & Weber • Join Money Mart, Wendy’s & Insight Eye Care MLS • $25.00/sq ft net 4113_DJW_0046

• 1,109 sq. ft. retail/office unit • Street frontage onto Erb Street • Great location in Uptown Waterloo • $16.95/sq ft net

MLS 4113_DJW_1_0019

101 HAZELGLEN DR, KITCHENER

239 WEBER ST. N. #3, WATERLOO

150 WISSLER RD #3, WATERLOO

• 1,000 sq. ft. unit in plaza • Could be restaurant, retail or office use • Great plaza location with onsite parking • $16.95/sq ft net

MLS 4113_DJW_1_0058

• 1,049 sq. ft. retail/office space • Great exposure on roundabout • Ample, free on-site parking • $19.95 psf net

18 FISCHER HALLMAN, WATERLOO

501 KRUG ST, KITCHENER

• 839 & 2,724 sq. ft. office • Busy Krug Plaza location • Onsite parking • From $10.00/sq ft net

• 820 - 9,605 sq. ft. retail/industrial units • New owner - improving property • Great access to Hwys 7, 8 & 85 • From $6.00 per sq. ft.

260 DOON SOUTH, # 8, KITCHENER

MLS 0514_DJW_2_0047

646 ERB ST. W. # 107 WATERLOO

MLS 4113_DJW_0049

• 2,523 sq. ft. retail/office unit • Great opportunity in fast growing area • Adjacent patio included at no charge • $28.00/sq ft net

Matthew Dickson, sales Representative matthew.dickson@whitneyre.com ext 261

11264450_0514

MLS 4113_DJW_0050

519-746-6300

although the information contained within is from sources believed to be reliable no warranty or representation is made to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Whitney & Company Realty Ltd., Brokerage.

Please say you saw it in The Commercial Investor


8

Volume 14 Issue 01

EMPIRE REAL ESTATE SERVICE LTD.

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!

Brokerage OFFICE

519.767.2392

Open only 6 months a year they afford owners plenty of time off in the winter.

TOLL FREE

1.800.461.9416

NEWLY LISTED 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

519

Kitchener/Waterloo Guelph & Cambridge

8305540_0514

Commercial Real Estate & Business Opportunities

Email

MUSKOKA FAMILY CAMPGROUND

NEW LISTING 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.

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

DouglasRielly@gmail.com

TeAm AmiT Airi

Amit Airi

FULL SERVICE - RESIDENTIAL COMMERCIAL & INVESTMENT

Broker, B. Science, D. Pharmacy

Off:

Escape the big city life to this gorgeous waterfront trailer park

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

519.623.6200

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

|

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

8148789_0514

COMMERCIAL PROPERTIES

18 stacked townhouses. Building has 78 inSTiTuTiOnAl ZOning $399,900 rooms, 42 bathrooms. Free cable and WIFI to A rare find! Institutional zone property currently used as place of worship in very good condition, it each individual room and building is almost has fully furnished basmt w/kitchenette & big hall. Property size approximately 4 acres (582.95 ft. fully rented. Approximately $480,000/yr rental frontage). Lots of parking, zoning allows many uses. Close to 401. mlS #1394784 income with a cap rate of 6.7%. An excellent investment property, close to Conestoga College reSidenTiAl & COmmerCiAl $349,900 and 401 in Kitchener. mlS #1490173 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 Please Call for details!

$5,499,900

BUSINESSES FOR SALE

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. Excl.

Laundromat $ 69,000 $

for $1000/month, upstairs large 2 bedroom apartment is leasing for $1000/month, 80’ X 160’ lot. Please call for details. mlS #1490079

Taxi Companies 299,900 - $399,900

STriP PlAZA $749,900

Convenience Store with food counter, drive thru & U-Haul. MLS # 1394417 $ 79,900 Financials available for qualified buyers Please call Amit for details!

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

Please say you saw it in The Commercial Investor


9

Commercial Real Estate & Business Opportunities 1458 WEBER STREET E., KITCHENER

$1,295,000

0514_DJW_1_7777

$1,799,900

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.

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

450 FREDERICK STREET, KITCHENER

$9.50/SF

1223 KING STREET ST, JACOBS

$359,900

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!

0514_DJW_1_0061

0514_DJW_0078

$869,900

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.

0514_DJW_1_7075

4-6 KING STREET SOUTH WATERLOO

0514_DJW_2_0057

MIXED USE BUILDING IN DOWNTOWN KITCHENER

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

FREDERICK MALL, KITCHENER

0514_DJW_1_0104

0514_DJW_2_0039

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

ROCKWOOD, ON Close to Guelph, Tim Hortons. Ideal for restaurant & services uses. Pre-leasing. Various square footages available from 400SF to 5,100SF, elevator, onsite parking, on expressway, Landlord will renovate to suit for qualified Tenants.

- Retail units and Pad Site available - Mall undergoing extensive renovations - On Bus line - On Expressway

- Join Valumart, CIBC, Dollarama and many more

NORTH DUMFRIES INDUSTRIAL For sale: $2.2M. 15,000SF - fully leased. On 4 acres, backs onto Hwy #401

ED

S EA

11283607_0514

L

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

Kitchener/Waterloo Guelph & Cambridge

Volume 14 Issue 01


10

Volume 14 Issue 01

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge 8331512_0514

Please say you saw it in The Commercial Investor


11

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

Volume 14 Issue 01

8171433_0514

Please say you saw it in The Commercial Investor


12

inthenews

Commercial Real Estate & Business Opportunities

Volume 14 Issue 01

Bramalea City Centre (BCC) Receives Prestigious Level 4 BOMA BESt Certification BCC is the first 1 million+ sq. ft. Canadian enclosed shopping centre to receive Level 4 Certification

B

ramalea City Centre (BCC), located at 25 Peel Centre Drive in Brampton, proudly announced its recent BOMA BESt recertification. The Building and Owners Managers Association of Canada (BOMA) has developed a unique national certification program for existing commercial buildings in order to recognize and reward environmental leadership within the commercial real estate industry. BCC recently achieved BOMA BESt Level 4 which means that all of the program’s Best Practices in environmental management have been met and that the score on the BOMA BESt assessment was 90 per cent. “We are thrilled to be recognized for our commitment to the environment,” said Bao Lu, Operations Manager, Morguard Investments Ltd. “As the first one-million+ sq. ft. enclosed shopping centre to achieve level 4 BOMA BESt Certification under Version 2 of the program, we are proud of our environmental leadership and hope our efforts to improve energy efficiencies will serve as an example to others in our industry.” In January 2012, BOMA Canada launched BOMA BESt Version 2, the latest of this unique, national and voluntary program. BOMA BESt Version 2 demands heavier standards of energy and environmental performance in the building assessment surveys to demonstrate the industry’s evolving best practices. The program is designed

to measure the environmental performance and management of existing buildings, all of which include: offices, shopping centres, open-air retail plazas, light industrial buildings and multiunit residential buildings. The six key areas of environmental performance and management focus on: energy, water, waste reduction and site, emissions and effluents, indoor environment and environmental management system. As part of BCC’s green initiative, the shopping centre also offers a free electric vehicle charging station to electric vehicle owners. Individuals are encouraged to ‘charge up’ while enjoying the retail offerings of the shopping centre. The charging station can be found on the east side of the parkade, off of Lisa Street. ABOUT BRAMALEA CITY CENTRE: Bramalea City Centre is the dominant regional shopping centre in the City of Brampton. Located at the corner of Queen Street and Dixie Boulevard, Bramalea City Centre is in the heart of one of Canada’s fastest growing communities. The newly expanded two-level shopping centre offers 1.5 million sq. ft. of retail shopping space, showcasing a solid tenant mix of over 350 stores and services including Forever 21, BCBGMAXAZRIA, Browns Shoes, Joe Fresh, Pandora, Express and Target. Well anchored by Sears, the Bay, Metro and Best Buy, the centre also offers three convenient mini centres along the perimeter of the property, offering nationally branded services, retailers and restaurants such as ScotiaBank, the LCBO, Home Outfitters and Moxie’s. The site is approximately 82.2 acres in total. For more information, visit bramaleacitycentre.com. ABOUT MORGUARD: Morguard Corporation (TSX: MRC) is a major North American real estate and property management company. It has extensive retail, office, industrial and residential holdings owned directly and through its investment in Morguard REIT (TSX: MRT.UN) and Morguard North American Residential REIT (TSX: MRG.UN). Morguard also provides real estate management services to institutional and other investors. Morguard’s total assets under management are valued at approximately $14.7 billion.

Please say you saw it in The Commercial Investor


Volume 14 Issue 01

13 Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

OPPORTUNITY

850,000

ASKING $269,500 11279785_0514

FIVE

• Rare 910sf freestanding office/medical building • Situated in downtown Galt in the city of Cambridge • Excellent exposure & accessibility • Building consists of boardroom, executive office, reception area, general office, kitchenette and two piece washroom • Wide range of uses-zoned C1 & RM1 • Onsite Parking

0514_DJW_0017

FOR SALE

11232624_0514

Brian Whitfield Ryan Wilkinson Commercial Real Estate (South Western Ontario), Brokerage

Broker 226-366-9090

Sales Representative 519-830-6647

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

$5.00/SQ. FT.

Real Estate Centre Inc. Brokerage

519.623.6200

Each office independently Owned and Operated

$1,500/month all-in (except HST) for 2000 sq.ft. of prime space. Store front. Great exposure. Extensive pedestrian & auto traffic. Lots of off street parking. Convenient area. MLS® 1395744

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

$1,500/MONTH

4913_DJW_1_0055

Restaurant, Variety Snack Bar, Speciality Shop, with many more possibilities! Great money maker or start/ move your business and have income! Ten$9.41/SQ. FT. GROSS $192,500 ant upstairs looking to stay long term. Many Turnkey auto body operation. Complete, modern, fullyupdates! Approx 1900 sqft building plus basement. Live- equipped auto body facility. All new equipment in 2013. Loads of secure parking. MLS® 1395741 Work also a possibility. MLS® 1395718 4913_DJW_0012 4913_DJW_0013

11269765_0514

0514_DJW_2_0096

Situated in high traffic area. Offering abundant parking! Great opportunity w/loads of space & lrg windows providing abundant $8.00/ SQ. FT. natural light. Space includes office areas, kitchenette, bathrooms & lrg open concept area. MLS® Park Hill.

Please say you saw it in The Commercial Investor

0514_DJW_1_0062


14

Commercial Real Estate & Business Opportunities

Volume 14 Issue 01

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


Commercial Real Estate & Business Opportunities

15

Southwest Ontario

Volume 14 Issue 01

11283358_0514

Please say you saw it in The Commercial Investor


16

Commercial Real Estate & Business Opportunities

EAVAN TRAVERS

Advantage Realty Ltd., Brokerage

CCIM

Sales Representative

519-649-6000

eavan@eavan.ca

1-855-649-6001

GREAT OPPORTUNITY 581-585 WALLACE ST.

11281459_0514

Each Office Independently Owned & Operated

Volume 14 Issue 01

or

0514_DJW_0087

Licensed Duplex - “Old North” Adjacent to UWO 6 bedrooms, 4 bathrooms Lot 44’ x 242’ Asking $374,500

INDUSTRIAL * LUCAN * 1.85 ACRE

16,300 SF building. Asking $369,000 Plus 2 bed, home, Asking $133,000 Industrial building can be sold separately

VAcANT lANd lUcAN Industrial Sites for sale, Located 15 Min. from London Services Available to Lot Line, M1 Zoning Asking $35,000 per Acre

0514_DJW_0003

Southwest Ontario

INVESTMENT LONDON

Building located along the Sydenham River in Wallaceburg. 4 residential & 1 small commercial. Good R.O.I. Call for more details. $149,900.

PRICE REDUCED

4513_DJW_2_0066

For more information call

519-436-7229 or 519-351-1008 Wallaceburg, On.

Please say you saw it in The Commercial Investor

10630961_0514


Volume 14 Issue 01

17

Commercial Real Estate & Business Opportunities

15,000 SQ. FT - $369,000

0514_DJW_0016

0514_DJW_0031

Southwest Ontario

FOR SALE

Charming old building similar to the Distillery in Toronto, with arched red brick windows, and large wooden ceiling beams. Located in downtown Woodstock (just off the 401). You’d have it paid off with what you’d save in rent or taxes. Excellent investment with lots of commercial development within a one block radius. Various upgrades. Suits commercial, retail or even light industrial.

519.533.7193 416.953.8777 info@northernstoneworks.com

619 Dundas * 629 Dundas * 620 Dundas* Located in Old East Village in London, ON. For more information or to view this assembly of properties Please Call.

Asking $1,650,000

11283384_0514

Terry

DEVELOPMENT OPPORTUNITY 0.90 ACRE SITE

PETER MULLINS, Broker of Record Peter Mullins Realty, Brokerage 888.878.0004 petermullinsrealty@gmail.com 11281976_0514

RESIDENTIAL • COTTAGE • FARMS • COMMERCIAL • BUSINESS

8143527_0514

Buy With Confidence. Sell With Experience. Brokerage

Goderich on the Shores of Lake Huron

519-524-4473

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

$699,000

PRIME HIGHWAY LOCATION!

Former Pizza Hut. 1.32 acres, 2,074 sq. ft. building. Parking for 41. Exceptional exposure! Hwy #21 (Bayfield Road) MLS#666372. 0514_DJW_0039

$325,000

LOCATION! LOCATION!

12.6 acres located 2 mins from Goderich. Currently zoned C3. Endless possibilities. Convenient location. MLS#164034. 0514_DJW_0040

8471319_0514

COMMERCIAL BUILDING LOTS 1) HIGH EXPOSURE COMMERCIAL! A great start to a successful business is prime location. Take a look at this high exposure vacant commercial land in downtown core area of Goderich. Commercial zoned - C4. An excellent opportunity with several permitted uses. Former location of car wash. Frontage 113.19. Site area 6350 F. $79,000. MLS #499869 2) PRIME DOWNTOWN LOT! Core area on Goderich’s Square. Unique parcel zoned C4 for numerous commercial uses. $79,900. MLS#407200

Please say you saw it in The Commercial Investor


18

inthenews

Commercial Real Estate & Business Opportunities

Volume 14 Issue 01

Avison Young releases 2014 commercial real estate forecast for Canada, U.S. Guarded optimism for Canadian markets in 2014 while U.S. commercial sector continues to demonstrate improvement

C

anada’s commercial real estate markets experienced some changes in 2013 that could pose challenges in 2014. However, ongoing development is an encouraging sign that the markets remain strong, offering opportunities for occupiers, owners and investors. In the U.S., although delayed by a year due to political gridlock, the return to normal operating conditions and the reduction of monetary easing due to tapering are the catalysts necessary to unlock the capital that has been building up on the balance sheets of investors and occupiers. These are some of the key trends noted in Avison Young’s 2014 Canada, U.S. Forecast, released recently. The annual report covers the office, retail, industrial and investment markets in 36 Canadian and U.S. metropolitan regions: Calgary, Edmonton, Lethbridge, Mississauga, Montreal, Ottawa, Quebec City, Regina, Toronto, Vancouver, Winnipeg, Atlanta, Boston, Charleston, Chicago, Columbus, Dallas, Denver, Detroit, Houston, Las Vegas, Long Island, Los Angeles, New Jersey, New York, Orange County, Philadelphia, Pittsburgh, Raleigh-Durham, Reno, San Diego County, San Francisco, San Mateo, South Florida, Tampa and Washington, DC. “Over the past few years, Avison Young has been advising its clients to invest in Canada for stability, seek higher return opportunities in the U.S., and plan for higher interest rates as the North American financial markets pick up steam and fiscal stimulus is removed. The last point was the most important, as too many investors were fixated on quantitative easing as a paradigm shift and a free-money right versus an opportunity. The 15-year decline in interest rates and related cap-rate compression that was the driver of returns had to come to an end at some point,”comments Mark E. Rose, chair and CEO of Avison Young.

He continues: “While it is true that interest-rate policies have boosted returns significantly, pricing is stable as the voracious appetites of the REITs are being replaced by healthy demand from pension funds and institutions, which have significant discretionary capital and use lower levels of debt when making acquisitions.” The report shows that of the 36 office markets tracked across North America, 24 markets saw vacancy rates decline during 2013, with a greater number of U.S. markets seeing an improvement than Canadian markets. A similar result unfolded on the industrial front. Despite lower vacancy levels recorded in U.S. markets, a distinct, though narrowing, gap persists between the two countries. The Canadian office market collectively reported a vacancy rate of 8.3 per cent in 2013, compared with 13.9 per cent in the U.S., while Canada’s industrial vacancy rate settled at 4.6 per cent, roughly half that of the U.S. (9 per cent). “It was only a matter of time before we started to see improving vacancy rates across the U.S. property markets, particularly in the office and industrial sectors. While the recovery has been uneven, it’s demonstrating improvement, now that some of the political clouds are starting to clear,” says Bill Argeropoulos, vicepresident and director of Research (Canada) for Avison Young. “Though stable, it is not entirely surprising to see the commercial real estate sector in Canada pull back a little. Keep in mind, while other property markets around the world were wallowing in recession, Canada bounced back fairly quickly. If anything, we are well-positioned to exploit our proximity to the U.S., which is still the home of the globe’s largest economy,” he says. Rose adds: “For 2014, we believe the negatives of the past several years now become positives. Tapering will occur during the first quarter of 2014, interest rates will rise further, and real estate debt will become more expensive. It is important to note that this trend is now expected and should not shock the system. For Canada, solid leadership at the national level has positioned the country for a potential budget surplus in 2015-16, which in and of itself could be inflationary. Yes, pricing is challenging and feels a little ‘toppy,’ but quality assets with great covenants are in demand, and there is ample capital willing to acquire long-term holdings.” “The U.S. has not achieved the same stability and premium pricing, but has continued to attract core and opportunistic capital, with Canada being the No. 1 foreign investor in U.S. real estate in 2013. Despite the continuation of political disruptions that undermine significant progress, Washington, DC appears to be finding some common ground.” “If we give users and occupiers of real estate a clearer, stronger economy in which to grow, and investors a stable underwriting environment that limits surprises and allows for well-defined investment strategies founded in fundamental real estate investing, we could be celebrating a very happy new year in 2014,” explains Rose. The report goes on to say that the U.S. commercial real estate markets had a mixed performance in 2013, though most moved further towards recovery, and there were a handful of standout markets. Vacancy rates for the office, industrial and retail sectors declined year-over-year.

Please say you saw it in The Commercial Investor


Volume 14 Issue 01

19

Commercial Real Estate & Business Opportunities

inthenews “Many of the U.S. commercial markets saw improvement in 2013 despite the many political uncertainties and economic headwinds. For 2014, forecasted GDP growth bodes well for positive absorption and expansion,” points out Earl Webb, Avison Young’s president, U.S. Operations. CANADA Office: The single-digit vacancy rates, robust demand and stable-to-rising rental rates that many of Canada’s office markets enjoyed during and since the recession may soon come under pressure. Leasing velocity tapered following a strong start to 2013 and, as the year progressed, a burgeoning sublet market emerged, especially in Toronto and Calgary. By the end of 2013, the national office vacancy rate increased to 8.3 per cent. This compares with 7.5 per cent at yearend 2012 and a recessionary high of 9.2 per cent at year-end 2009. Tepid demand, along with nearly 27 million square feet (msf) of new office development under construction across Canada and scheduled for completion by 2017, will prompt modestly rising vacancy levels by the end of 2014. In all, the national office vacancy rate is projected to rise 90 basis points (bps) and finish 2014 at 9.2 per cent. Looking back on 2013, of the 11 Canadian office markets surveyed, market-wide vacancy rates increased to varying degrees in eight and declined in three markets. Eight markets continued to post single-digit vacancy rates, while seven markets registered rates below the national average (8.3 per cent). Calgary, the nation’s largest development market, saw its vacancy rate spike 210 bps to a respectable 6.6 per cent at the close of 2013. Edmonton (-70 bps to 7.6 per cent), Alberta’s capital, had a strong year and was the only western market, and one of only three Canadian markets (Ottawa and Quebec City), to see a year-overyear improvement. Regina, despite a 100-bps increase between 2012 and 2013, once again recorded the nation’s lowest office vacancy rate at 5.2 per cent. Looking ahead to 2014, office vacancy rates will escalate in four of the six western markets, owing to new supply and continued tepid demand, while vacancy rates are expected to retreat slightly in Edmonton (-40 bps, 7.2 per cent) and Winnipeg (-20 bps, 6.9 per cent). Eastern Canadian office markets didn’t fare better than their western counterparts in 2013, with vacancy levels rising in three of the five markets surveyed in the East. The Toronto West/Mississauga market saw the biggest upward movement in vacancy (+170 bps, 14 per cent). Unlike in Montreal (+110 bps, 10.9 per cent), Toronto’s vacancy rate remained in singledigit territory (+90 bps, 8.8 per cent). Quebec City experienced the greatest improvement, with vacancy dropping 90 bps to 6.5 per cent. In the nation’s capital, Ottawa (-60 bps, 5.8 per cent), vacancy was the lowest amongst the eastern markets. All five markets in Eastern Canada are projected to finish 2014 with higher vacancy rates, the most notable increases coming in Toronto and Montreal, as both markets will continue to endure sporadic demand while

welcoming the first wave of new development. Toronto (+170 bps, 10.5 per cent) will see vacancy enter double-digit territory for the first time in nearly a decade, while the other markets will see increases of between 30 and 100 bps. Argeropoulos adds: “Office development continues unabated across the country and will offer occupiers a plethora of options over the next four years, should they decide to take advantage of the efficiencies provided by the latest and largely LEED-designated developments.” “The work-live-play phenomenon persists in many of the country’s downtown markets as employers are in hot pursuit of the highly educated workforce growing in increasing numbers in Canada’s major urban cores. At the same time, there’s a greater emphasis by the development community to seek out and develop sites near existing or future transportation arteries, in the hope of combating downtown’s appeal by urbanizing the suburbs. Meanwhile, LEED buildings have narrowed the downtown/suburban cost gap, enticing suburban tenants to consider downtown options,” he says. According to the report, nearly 27 msf (48 per cent preleased) has been announced or is under construction across Canada, equating to 5 per cent of the existing inventory. Calgary and Toronto are the dominant development markets in the country, combining for nearly 17 msf or 62 per cent of the overall construction projects. Calgary surpassed Toronto as the biggest development market in Canada with almost 8.9 msf (only 38 per cent preleased) - an exceedingly high proportion of the city’s existing inventory at 13 per cent and more than twice the national average. Close behind is Toronto with 7.8 msf (48 per cent preleased), equating to five per cent of the city’s existing inventory. Vancouver is next with 3.5 msf underway. Retail: Canada’s retail landscape remains extremely competitive as domestic and foreign players (mostly from the U.S.) vie for strategic hard assets and major retail brands, despite exceedingly high household debt levels and the prospect of softening consumer spending. Joining the established chains Walmart and Costco, Target, the latest U.S. retail giant to enter the Canadian marketplace, finally rolled out its 124 stores across the country with mixed reviews. Merger and acquisition activity among domestic grocery retailers became prominent as Loblaw bought Shoppers Drug Mart and Sobeys acquired the Canadian assets of U.S. grocer Safeway. All of this activity is part of the retail industry’s effort to lower overall operating costs, increase purchasing power with manufacturers and leverage more efficient distribution channels. Bricks-and-mortar retailers are becoming more innovative in an era of intense competition, focusing on staying relevant and competitive against online options, differentiating themselves with unique concepts and products, customer service and product expertise. Customers increasingly examine products in a traditional bricks-and-mortar setting but buy them online, and retailers are adapting with new “omni-channel” strategies. Meanwhile, big-box retailers are experimenting with small-format urban concepts. The face of urban and suburban retail continues to change. Growing demand for complete communities - where people can live, work, shop and play - is encouraging developers to consider high-density, mixed-use projects that include street-level retail with underground parking and office and residential units above. Competition has forced major retailers, including Staples, Best Buy and Sears, to slash jobs and reduce footprints. Sears’ move provided domestic and foreign retailers (including Nordstrom and Simons) opportunities to secure coveted retail space in some of Canada’s premier malls, such as Toronto’s Eaton Centre. At the same time, landlords continue to invest in regional malls to accommodate incoming tenants and attract new entrants to the Canadian landscape. “The new omni-channel strategy, increasingly being deployed by retailers, is blending retail, warehouse/distribution and logistics. While e-commerce may result in the closure or downsizing of more retail stores as bricks-and-mortar and online retail converge, additional industrial space will be needed for order fulfillment and merchandise returns,” notes Argeropoulos.

Please say you saw it in The Commercial Investor

Continued on Page 30


20

Volume 14 Issue 01

10863226_0514

Commercial Real Estate & Business Opportunities

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

Don Patchett Sales Representative

Cell: 888.314.6333

www.DonPatchett.com don@donpatchett.com

Office: 519.539.5646

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

Tracey Sherman Sales Representative 519.532.9642 Your Friend in Real Estate

0514_DJW_1_0083

4913_DJW_0077

0514_DJW_6666

0514_DJW_0036

More Photos & Info: www.DonPatchett.com

LOCK, STOCK & BARREL

Solid office bldg on Highway 2. New from foundation up in 2005 on 50 x 114 lot. Price includes adjoining 50 x 114 lot. Great tenant, good lease, high visibility location, plenty of parking. 899 Dundas St. $549,900. NOI $25,500. MLS 72606

4513_DJW_2_0091

4513_DJW_2_0090

Downtown Woodstock. Has fire & electrical approvals. 1200 ft commercial main floor, 2 one bed apts on 2nd, separate hydro meters. All updated, very effiicient, roof 2011. NOI $25,940. 363 Dundas St. $379,900. MLS 72654

SHOWCASE YOUR BUSINESS HERE!

Woodstock’s largest night club. Successfully run by same owner for last 20 years and he’s now ready to retire! Price includes all chattels and inventory. Don’t miss this great opportunity. Licensed for 343 people. Buyers must be pre qualified and discretion is a must. Call Tracey.

SOLID INVESTMENT!

UPDATED COMMERCIAL/RESIDENTIAL

4513_DJW_3_0028

Southwest Ontario

Business is at a Crossroads... It’s called Woodstock, Ontario

SUPER LOCATION

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.

Looking for professional office space in Woodstock? This unit features 2181 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.

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

Renate SiebeR-Schlegel land exchange ltd. brokerage

Wingham

broker of Record

519-357-3332

cell:

519-531-1177

Independently Owned and Operated

262 Josephine St., Wingham

11264376_0514

www.remaxlandexchange.ca

$209,900

DEVELOPMENT SITE

410 Shuter Street, Wingham ZONED and Ready to Go Busy well established turn key operation on a busy truck route, including restaurant, convenience store and gas station. Building is recently renovated (2012-2013) and sits on a large 3+ acre lot. Restaurant seats 59. Environmental study available. Close to 4 campgrounds.

for up to 23 dwelling Units Prime Residential 1.6 Acre Development Close to Hospital and Schools

$325,000

4513_DJW_0077

$385,000

EXCLUSIVE

$525,000

PRIME COMMERCIAL/ DEVELOPMENT

PRIME COMMERCIAL/ DEVELOPMENT property in the centre of Wingham/North Huron; Highway Commercial zoning; Environmental Study Available.

in the centre of Wingham; highway commercial zoning; Environmental Study Available.

Call Listing Agent for full information package.

Call Listing Agent for full information package.

2513_DJW_1_0136

Please say you saw it in The Commercial Investor

MLS# 262000

2513_DJW_1_0137


Volume 14 Issue 01

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 01

Hamilton 11236833_0514

Please say you saw it in The Commercial Investor


Brook Building-mag_09-20-13.pdf

Volume 14 Issue 01

9/17/13

2:08:09 PM

23

10339498_0514

11277225_0514

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

HESS VILLAGE ENTERTAINMENT DISTRICT Excellent exposure and desirable location. Rare opportunity to locate your business in this Classic renovated Victorian building. Unit 118- 1,100 sf, former Salon use, ideal for same & Unit 116 1,391 sf + 800 sf patio (extra), ideal for a bar/restaurant, cafe/coffee shop or most retail uses. Both units may be leased together. Price reduced. Call LA for details. Immediate possession.

RETAIL/OFFICE FOR LEASE

RETAIL/OFFICE FOR LEASE

RETAIL/OFFICE FOR LEASE 0514_DJW_0066

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. Fully leased building but 2673 sq ft retail unit coming available in March for owners use or Lease. Retail units have full usable basements. Apartment requires upgrades. Possible VTB mortgage. Current Proforma net rent est. $54,895. Asking $650,000. Ideal for Owner/User. Call for details.

0514_DJW_1_0094

FULLY EQUIPPED RESTAURANT Newly renovated building located in the sought after Locke Street Entertainment & Shopping District containing 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. Asking $975,000. Also for Lease with option to purchase at $5500/month net. 0514_DJW_2_0140

0514_DJW_2_0103

RETAIL/OFFICE FOR LEASE

0514_DJW_0065

INVESTMENT PROPERTY FOR SALE

0514_DJW_0064

BUILDING FOR SALE/LEASE

529-5900 X

EAST HAMILTON MOUNTAIN Very busy plaza, prime East Mountain location. Many national tenants in complex with a good mix of retail & office uses. Units availale: Unit 8 - 1283 sf, asking $10.95/sf net and second floor office units of 450, 2,500 & 3,200 sfr, asking from $14.95 to $15.95/ sfr gross. Abundant on-site parking. Immediate possession.

DUNDAS Prime plaza location along this busy Governor’s Road. Excellent corner exposure to high traffic at signalized intersection. Close proximity to schools, senior’s homes & res. areas. Unit 238-2620 sf, previous Variety store use, full basement, ideal for same or most other retail/ office uses, divisible, asking $10.95/sf. Unit 234-1021 sf, former hair salon use, ideal for same use or most other uses. Good parking.

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


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Volume 14 Issue 01

Commercial Real Estate & Business Opportunities

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

“OPTIONS/UNIQUE CORNER” Hamilton

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

EMAIL

STONEY CREEK

$

“DEVELOPMENT SITE” 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!

4913_DJW_0042

EAST HAMILTON

EAST MOUNTAIN

al@alcosentino.com

“BIG GARAGE/INVESTMENT”

SOLD R TO INVESTO

OR MAKE AN OFFER

559,997

905-570-9997

1-855-570-9997

$ 999,997 OR MAKE AN OFFER 3713_DJW_1_0136

Used as Auto Repair service station. Leased out for $1800/mth plus utilities. Approx 2600 sq ft 14x14 bay garage includes 2 hoists/1 welding machine. Ask for Al’s on-line marketing today.

$ 209,997 OR MAKE AN OFFER 3713_DJW_1_0060

EAST NORTH HAMILTON

“BUILD TO SUIT YOUR NEEDS”

BIG OR SMALL, WE SELL THEM ALL! Vacant land 20 X 100. One time was Commercial Retail/Residential above. Now rented for $500/mth. No lease. High traffic location. Ask Al for Al’s on-line marketing today!

“AMAZING CORNER FOR PROJECT”

64,997 -

$

SELLER CAN HOLD 1ST MTG 3713_DJW_1_0016

Corner exposure high traffic used as car lot or for many other uses. Zoned “H” Commercial 145 x 100 development project. Ask for Al’s online marketing today.

SPACE RESERVED FOR YOU!

“INVESTMENT/PERSONAL USE”

499,997 OR

$

TRADE CASH

4513_DJW_0066

219,997

$ Industrial garage warehouse OR approx 2300 sq ft w/grade loading 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! 3713_DJW_1_0017

“CALL AL TODAY, PUT YOUR COMMERCIAL INVESTMENT PROPERTY ON THE MARKET!

What our clients are saying about us “Very satisfied with the results! My Mary Street property is under contract - in total there were 16 inquiries (so far) as a result of the ad for this property (I track my calls: ‘Where did you learn about this property?’). Cootes Dr. will hopefully be leased by week’s end. Crystal Beach will be coming off the market for the winter months. The ad was well received by my sellers, 2 of which did not know I advertised their properties but were pleasantly surprised when looking through the Commercial Investor - 1 of which was picked up in a coffee shop. All in all great value for both myself and my clients.” Adam Skibinski Sales Representative

Royal LePage State Realty, Brokerage For information call 1.800.268.0077 Please say you saw it in The Commercial Investor


Volume 14 Issue 01

25

Commercial Real Estate & Business Opportunities

Hamilton

8171399_0514

Re/Max escarpment Realty Inc Brokerage

120 MOHaWK POInt Lane, DUnnvILLe $1,500,000 Rare 56.7ac L.Erie pnt w/14cottage rntl business,10 yr bung, sev brns/outbldings, 45ac. wrkble (rented). Maj.of cottages positioned at sea lvl w/access to owned beach+rented to est. clientele @ per yr basis. Clean home is perched on bluff offers panoramic lake views- ftrs 3bdrms,1.5 baths, OC livrm/dinrm/kitch w/WO to lake fcng dck-inc full bsmt. 4513_DJW_1_0074

1066 BROaD St, DUnnvILLe $875,000

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! 4513_DJW_3_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. 4513_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.

725 MaIn St, DUnnvILLe $429,000

Sought after 1 ac comm prop offering excellent visual exposure in developing Dunnville area.Inclds 1990 blt Braemer constr’d 6000 sqft bldg w/3600 sqft 6 bay gar w/2 roll-up doors, 2400 sqft mod showrm w/floor-ceiling wndows,3 baths,several offices, n/gas heat, munic wtr, ind septic syst., asphalt lot for 40 vehicles. 4513_DJW_1_0087

113 MaIn StReet, JaRvIS $399,000

#2 el 00 rc 9,0 Pa 29 $

P $3 arc 99 el ,0 #1 00

3.68 ac multi-func prop in Dunnville’s new desired bus district. Well maint’d prop offers 237 ft of frntg on Hwy 3 E. Boasts excel visual exposure w/high traffic. Inclds 1300 sqft bldg w/ mod showroom, rear offices, 3 baths.Incorporates 3000 sqft garage & sep autobody shop & lrg paved prkg lot. Buyer to complete due dilegence. 4513_DJW_2_0088

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

Calling all develpers/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.

4513_DJW_1_0081

14 ROBInSOn St, SIMCOe $169,500

267 COnCeSSIOn 6, JaRvIS $445,000

Unique private 1ac property on paved rd. Zoned for legal boarding/rooming house. Buyer to verify. Incs 5500 sf reblt07 institutional designed 2 stry dwelling w/10 bdrms, 5 baths, comm. kitchen, fin bsmt, pvd drive? Thousands spent to meet code incs comm. security sys, windows, floors, water/septicsystem-less then 2 hr commute to TO/London. 4913_DJW_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. 4513_DJW_1_0091

95 QUeenStOn ROaD, HaMILtOn $119,900

Turn key pre-owned auto sales biz. 13 yrs at current location (18 yrs total) lease incs 50’ x 100’ paved lot, 10’ x 20’ htd office trailer - long term lease available. Price incs approx. $90K of pre-owned cars (sold certified @ wholesale price), phone #, clientele lists, ext. signage. No P & L/ 0514_DJW_0007 No VTB. Lrg inventory = instant cash flow.

Please say you saw it in The Commercial Investor


26

Volume 14 Issue 01

Commercial Real Estate & Business Opportunities

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

Investpro Realty and Appraisal Ltd.

8171452_0514

Hamilton

This is my favourite article that I share with my investors at the beginning of every year. This is the foundation of Real Estate Wealth and we have to keep reminding ourselves to be patient and hold for long term. Worth Waiting For… North American investors who are obsessed with the next quarter’s results, in contrast with their Chinese counterparts, might draw a lesson from the example of the Chinese Bamboo. “Consider the Chinese Bamboo: the seed is planted. It is watered. It is fertilized. But the first year nothing happens. The second year it is watered and fertilized again, but nothing happens. The same process is repeated during the third and fourth years; still nothing happens. Yet, during the fifth year, in a period lasting no more than six weeks, the bamboo grows 90 feet.

Did the bamboo grow 90 feet in six weeks, or 90 feet in five years? The answer is five years, because at any time during that interval, had fertilizing and water not been maintained, the plant would have died.” As the bamboo, real estate in the long term will pay off. Be patient and take care of your investment, in the end it will take care of you. Buy and hold for the long term. History has proven over and over, that in the long term, Real Estate is a solid investment. Real Estate is a true hedge against inflation with the potential to bring excess wealth to the Wise Investor. With the continuing increase in immigration and with limited land available, it just reinforces the old saying that you should “buy land because they do not make it any more”. This has never been so true.

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

Please say you saw it in The Commercial Investor

C: 905.870.5852 | F: 905.631.6505 Visit our website: www.investprorealty.com Follow me on: http://twitter.com/#!/DinoNicosia


27

Commercial Real Estate & Business Opportunities

And Appraisal Ltd. Brokerage

The Apartment Building Specialists

Direct: 905-870-5852 Email: dino@investprorealty.com 19 UNITS, HAMILTON

Sales Representative

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

46 UNITS DUNVILLE H E RT IV O R W ED TH

24 UNITS LONDON 0514_DJW_1_0057

0514_DJW_1_0059

T S KE NT AR E R M W LO BE

Kandy Thompson,

30 minutes from Hamilton. Only 8 years old. For more details visit our website.

6 UNITS EAST HAMILTON

SINGLE FAMILY HOME 0514_DJW_2_0084

E OM GN NC F SI I A O TR O EX OM R R F

I

W NE

PR

Rents below market. Shows well. Great upside. Visit our website for more information. 14 UNITS HAMILTON 0514_DJW_0070

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

CE

0514_DJW_1_0071

Broker of Record

D T LI EN SO STM VE IN

Asking $159,900. Used as triplex. Seller motivated. Presently vacant for quick sale. Call Kandy for details.

East Hamilton near Gage Park. Great condition. Visit our website for details.

12 UNITS HAMILTON

ASKING $159,900

3 UNITS IN ST. CATHARINES

CE

OD OW GO HFL S CA

0514_DJW_1_0145

PR

0514_DJW_3_0054

I

W NE

0514_DJW_1_0100

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

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

In desirable Stoney Creek.

Great condition and location. Visit our website for details.

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

0514_DJW_3_0053

“Your Investment Partner for Life”

Dino Nicosia,

www.investprorealty.com

0514_DJW_2_0078

Investpro Realty

9558936_0514

Hamilton

Volume 14 Issue 01


28

Volume 14 Issue 01

Commercial Real Estate & Business Opportunities

GROW YOUR COMMERCIAL INVESTMENT PORTFOLIO UNIQUE STRATEGY REFINANCE YOUR COMMERCIAL INVESTMENT PROPERTY TO BUY MORE PROPERTIES includes retail plazas, mixed use and multi-residential, apartment buildings Don’t pay for unnecessary refinancing costs! ü Administration Fees ü Environmental Reports ü Building Assessments

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*Rates as low as 2.67% LEARN THE BENEFITS OF EQUITY LENDING. Visit www.fourplexmortgage.com and complete our online application or EMAIL: info@fourplexmortgage.com *Net Effective Rate for CMHC insured product as of January 21, 2014. 5 Year Term 2.67% and 10 Year Term 3.52%

Lijoy Ulahannan Commercial Mortgage Broker

Lic# 11514

647.547.2122 Ext. 119 1.855.547.2122 Ext. 119

11250884_0514

11278774_0514

Your Choice Realty Corp., Brokerage Team Office 24 hours a day 905-560-1-MAX Jawad Chaudhry, Salesperson (905) 928-0211 or email: JC@OneMaxTeam.com Fuad Chaudhry, Salesperson (905) 928-3833 or email: FC@OneMaxTeam.com

Available Now! ,8

$5

Gas, Diesel, Restaurant, Garage and more. $1M annual Net Income (Less Wages). With room to increase income dramatically. Includes a house, building lot, and 30 acres of prime land (possible hotel, storage facility, etc). Once in a lifetime chance!! 0514_DJW_1_0063 00

,0

0 80

,

$1

HWY REST STOP ON 400 SERIES. 45 MINUTES NORTH OF GTA

,5

$3

0

00

, 00

HOTEl/MOTEl In the Heart of Niagara Falls this 34 unit hotel includes a 4 bedroom home, in-ground pool & full laundry facility. Most rooms are rented month to month. Gross income of $240,000 & 9.7% CAP rate. Principle only! 0514_DJW_0074 Please say you saw it in The Commercial Investor

NEWER ESSO GAS STATION 45 Min from Hamilton, about 3 years old, over 6M liters and growing. 700K store sale. Perfect for investor or Owner Operator. Principals Only.

OPPORTUNITY KNOCKS! Hasty Market located in an action packed area with sales climbing everyday. Next door to Tim Hortons, and with plenty of parking this store is the key destination for convenience needs. Many new condo buildings are being built in the area, with potential of doubling the sale or more. There is room to improve sales by adding deli counter, extending hours, adding additional stock, etc. Lotto Machine, ATM, great neighbours, lots of parking, and busy street location make this an A+++ location. Inventory is Extra. 0514_DJW_3_0091

www.OneMaxTeam.com

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29

Commercial Real Estate & Business Opportunities

The Shar ma Team

State Realty BRokeRage Independently owned & opeRated

905-662-6039 905-574-7441

Rick Sharma

info@ricksharma.com

Broker

www.thesharmateam.ca

Commercial/Residential - NIAGARA FALLS

Hamilton

8342700_0514

Volume 14 Issue 01

2-storey commercial residential builing with full basement. 1 bedrm apartment + commercial store front with the potential for many uses. Located in one of Niagara Falls’ tertiary commercial hubs, surrounded by successful commercial properties. Completely renovated from top to bottom. Main & Ferry intersection with High street exposure. Plenty of street parking and large municipal parking lots nearby. Over $90,000 spent in recent updates. 0514_DJW_0001 $189,000.

Please say you saw it in The Commercial Investor


30 inthenews

Commercial Real Estate & Business Opportunities

Volume 14 Issue 01

Continued from Page 19

Industrial: Canada’s industrial market remained active in 2013 as vacancy rose modestly in some markets and declined in others. Collectively, the 10 industrial markets surveyed recorded a vacancy rate of 4.6 per cent as 2013 wound down, slightly higher than the 4.4 per cent registered at year-end 2012. Despite the increase, vacancy remains some 200 bps below 2009’s recession peak. Low vacancy rates and stable-to-improving demand levels are spurring new development and are expected to push vacancy to just below five per cent at year-end 2014. All 10 industrial markets surveyed continued to post market-wide vacancy rates in the single digits at yearend 2013. Six markets saw a lift in vacancy year-overyear, and three (Edmonton, Toronto and Ottawa) saw vacancy slip lower compared with year-end 2012. On average, vacancy rates in the West are 100 bps lower than those in the East. The energy sector continues to drive the Western Canadian markets, particularly in Alberta. Edmonton’s industrial vacancy rate dipped 50 bps to 3.3 per cent, while Calgary (+60 bps, 5.5 per cent) and Lethbridge (+40 bps, 2.6 per cent) witnessed nominal increases in 2013. Winnipeg (+30 bps, 2.6 per cent) matched Lethbridge for the lowest vacancy among western markets, while Regina (+100 bps, 3.6 per cent) recorded the greatest increase. Western Canada’s largest industrial market, Vancouver, saw its vacancy rise 30 bps to 3.9 per cent, despite millions of square feet of new product added to inventory in 2013. Vacancy in largefloorplate, modern distribution buildings remained exceptionally tight in all markets, with the supply of industrial land a concern for the future. Going forward, the West will continue to perform well. However, new development will put upward pressure on vacancy rates by the end of 2014 in every market, except Winnipeg (-20 bps, 2.4 per cent). In Eastern Canada, the manufacturing sector continues to re-tool, anticipating demand from recovering U.S. consumers. Montreal (+120 bps, 6.6 per cent) has the highest vacancy rate in the entire country. Vacancy in the nation’s largest industrial market (and North America’s second-largest), Toronto, retreated 10 bps to settle at 4.4 per cent. Ottawa boasts the country’s lowest industrial vacancy, just shy of 2 per cent. By the end of 2014, vacancy is projected to trend higher in all four eastern markets. Montreal will climb further (+40 bps, 7 per cent) and will be one of three markets (with Calgary and Toronto West/Mississauga) to carry a vacancy above the projected national average of 4.9 per cent. Supply shortages have encouraged build-to-suit and speculative development, with more than 8 msf under construction across Canada. Construction activity is skewed towards the West (58 per cent of national total), where development is spread across several markets, while Toronto accounts for virtually all of the space under construction in the East. Toronto leads all Canadian markets with almost 3.5 msf under

construction, followed by Calgary and Edmonton in the West with 2.2 msf and 1.7 msf, respectively. “Improving strong demand for high-clear height, large-bay industrial facilities, coupled with steady new supply desired by users, will push rents higher in 2014. On the other hand, this situation will create challenges for less-desirable existing product, resulting in ongoing repurposing of obsolete buildings,”says Argeropoulos. Investment: The stable footing exhibited by the leasing markets, along with the never-ending supply of cheap capital, has propelled investment volumes and pricing to record levels over the past four years. However, in spring 2013, interest rates began to rise, and although the impact was not immediately evident, as the year progressed, investment activity waned and the pricing trajectory changed. The interest-rate-sensitive REITs, which had been the most active buyers across the country, are now faced with flat, or falling, unit prices. With the 2013 tally still to come, slightly more than $20 billion (CAD) worth of assets (office, industrial, retail, multi-residential and land) changed hands through the first three quarters of 2013 - possibly leaving the record $28 billion that sold in 2012 intact. Despite the prospect of higher interest rates, capital flows into commercial real estate will remain stable in 2014. “Acquisition fundamentals have changed as all investors (particularly REITs) confront a more challenging capital environment and buyers becomes more selective. With capital more costly, investors will become more active asset managers to enhance returns. Moreover, as some REITs scale back acquisitions, others may cull assets, spurring additional sales activity,” says Argeropoulos. Irrespective of some REITs staying on the sidelines, competition among pension funds/advisors, life companies and especially emerging private equity players will intensify, while high pricing leads more buyers towards development. Toptier, well-leased assets are expected to maintain their values and remain highly contested, while secondary and/or challenged assets will see upward cap-rate adjustment. Noteworthy transactions in 2013 ranged from single assets to portfolios, including the Jacobs Engineering building in Quarry Park in Calgary, which set a new historic low in terms of suburban office capitalization rates in Alberta; the iconic Place Ville-Marie in Montreal; and a large portfolio of office and industrial buildings by GE Canada Real Estate Equity in Toronto. “As reported in the media late in 2013, Orlando Corporation has sold Bayview Village in Toronto’s north end to a group representing British Columbia Investment Management Corporation,”notes Argeropoulos.“In addition, six regional enclosed shopping centres in Ontario and British Columbia were recently sold by the Canada Pension Plan Investment Board to two separate buyers, Morguard Investments Limited on behalf of Healthcare of Ontario Pension Plan and Morguard REIT, and Bentall Kennedy on behalf of its Prime Canadian Property Fund.” “These deals clearly demonstrate investors’ desire to place capital in order to generate a return instead of keeping their cash on the sidelines. These transactions also indicate that assets still command elevated prices, even if they are not necessarily in prime locales - and pension funds and their advisors are willing to fill the void created by the departure of some REITs from the marketplace,”he says. U.S. Office: Avison Young office markets tightened in 2013 and concluded the year with an average vacancy rate of 13.9 per cent, down 40 bps from year-end 2012, with many markets reporting a return to pre-recession conditions. Overall construction and deliveries of office product remained lower than the historical average; however, the volume of construction increased by nearly 50 per cent compared with 2012. All markets, except Houston, New York, San Mateo and Washington, DC, recorded a drop in vacancy, and three (Columbus, Pittsburgh and San Francisco) reported vacancy in the single digits. Houston, New York and Washington, DC have more than 5 msf of office space under construction apiece. Houston tops the list with 11.8 msf of office space under construction in an effort to address pent-up Continued on Page 32

Please say you saw it in The Commercial Investor


Volume 14 Issue 01

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.

0514_DJW_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. 4913_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 0514_DJW_0044 bathroom fixtures.

NG MI N O C OO S

$675,000

Great Redevelopment Opportunity on this corner commercial property in Prime West Hamilton location near McMaster Hospital and University. Presenty a 48 seat Restaurant/Bar coffee establishment with outside patio. Owner retiring price includes Land. Building and Chattels. Asking price includes Real Estate and business. Pls. contact Listing Broker Zoning, Survey 4913_DJW_0049 and floor plan information.

HAMILTON CENTRE - BANQUET HALL/RESTAURANT/BAR

0514_DJW_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 4913_DJW_1_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.

4913_DJW_1_0105

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.

0514_DJW_1_0048

HAMILTON CENTRE 8 UNITS

$675,000 Terrazzo corridos, concrete construction. Newer windows, parking, 6-2 BR & 2-1 BR. units. Good Southeast neighbourhood.

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 4913_DJW_1_0084 SIZE: 107.3 FT X 158 FT.

HAMILTON DOWNTOWN $1,295,000 DEVELOPMENT SITE

$795,000

D

SOL

0514_DJW_7000

CENTRAL MOUNTAIN DEVELOPMENT SITE

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

4913_DJW_1_0083

Please say you saw it in The Commercial Investor

D

SOL

4913_DJW_0050

$349,900 Large lot 60 ft. by 290 ft. near Upper James. Suit many home businesses. Charming home, many upgrades. Euro style kitchen. Hi-eff furnace. Ceramic & hardwood floors. Detached garage. Note: Rear of property has development potential, possible rezoning of property for development.

8471320_0514

HAMILTON INCOME PROPERTIES

Hamilton

Cell:


32 inthenews

Commercial Real Estate & Business Opportunities

demand for class A space from the oil and gas industry. Among Avison Young markets, New Jersey recorded the highest 2013 vacancy (-40 bps, 20.8 per cent) and is projected to climb further in 2014. Las Vegas (-50 bps, 19.2 per cent) and Detroit (-90 bps, 19 per cent) also recorded high vacancies. But with no construction underway in either market and a notable six straight quarters of positive absorption in Detroit, further declines in vacancy can be expected for both of these markets in 2014. Atlanta, Long Island, NY and Orange County all experienced significant decreases in vacancy during 2013. Atlanta showed notable signs of improvement with rising rents and a 150-bps drop in vacancy (18.6 per cent) as businesses hired more people. The growing success of the financial, healthcare and energy sectors on Long Island has resulted in positive absorption in all submarkets, allowing for a 180-bps decline in vacancy to 16.2 per cent. And in Orange County, increased demand resulted in a 220-bps drop in vacancy (15.1 per cent) and the most desirable locations are seeing rental-rate increases. San Diego and Raleigh-Durham are forecasted to see the largest drops in vacancy of all markets in 2014 (-230 bps to 14.9 per cent and -270 bps to 12.6 per cent, respectively). San Diego has experienced several consecutive quarters of positive absorption - a trend that will continue, as 92 per cent of office space under construction is committed. A lack of new office construction in Raleigh-Durham in recent years has driven class A vacancy down rapidly, forcing many tenants to turn to preleasing options. Milestones were reached in many of the largest U.S. cities in 2013. In Chicago, construction returned after a hiatus of several years with 1.7 msf of office space under development in the central business district. In New York, the delivery of the four World Trade Center (2.8 msf) in Downtown and 51 Astor Place (400,000 sf) in Midtown South in 2013 marked the beginning of the strongest construction cycle since the 1980s. In the South Florida/Miami area, office sales pricing jumped to $181 per square foot (psf) from $141 psf year-over-year, an increase of more than 27 per cent. Retail: The U.S. retail market saw demand outpace new deliveries and recorded strong occupancy levels with significant progress being made in several markets. The combination of lower vacancy and strong absorption is forecasted to result in upward pressure on rental rates in 2014. In 2013, Atlanta witnessed its lowest retail vacancy rate (9.6 per cent) since 2008. Rental and sales pricing have skyrocketed in some cities, with average retail rental rates in New York increasing 4 per cent year-over-year and rental rates in Los Angeles expected to reach north of $27 psf by the end of 2014, a two per cent yearover-year increase. In South Florida, retail transactions have dominated leasing activity and sale prices saw a corresponding increase. A couple of stalled projects were resurrected in 2013 as

Volume 14 Issue 01

markets improved. In Las Vegas, The Shops at Summerlin project, a 1.6-msf, mixeduse mall that sat dormant for about five years after its development ceased in 2008, is underway again with delivery expected in late 2014. In New Jersey, construction has progressed on the American Dream Meadowlands project, a 2.8-msf shopping and entertainment center that has been in the works for more than 10 years. It is expected to create thousands of jobs and garner worldwide attention due to its proximity to MetLife stadium, the site of Super Bowl XLVIII in February 2014. Industrial: The industrial sector also saw a year of positive growth among Avison Young U.S. markets in 2013, with the overall vacancy rate declining 90 bps to 9 per cent from 9.9 per cent. Many markets reached pre-recession benchmarks, while projects under construction at year-end 2013 totaled 43.2 msf and increased by a staggering 97 per cent compared with year-end 2012. Avison Young industrial markets that demonstrated the most improvement during 2013 included Charleston, Denver, Detroit and Reno; however, the lowest vacancy rates at year-end were found in San Francisco, Long Island, Houston and San Mateo. While the industrial vacancy rate in Boston is among the highest of the U.S. markets at 13.9 per cent, improvement was evident after 3.8 msf of space was absorbed between September 2012 and September 2013, allowing the vacancy rate to dip below 14 per cent for the first time since 2008. In Dallas, demand for industrial space has caused the vacancy rate to fall to its lowest point since 2002 (6.6 per cent). Even with more than 9.5 msf of industrial space under construction, the most in the nation, vacancy is expected to remain historically low throughout 2014 in Dallas. Orange County’s industrial market has high levels of preleasing and strong rent growth. In 2014, the county is forecasted to see the greatest improvement in its vacancy rate, dropping to five per cent from 8.3 per cent during the year. Industrial properties are leading the way in Reno’s recovery, with vacancy falling 250 bps to 10.6 per cent from 13.1 per cent year-over-year. Vacancy is forecasted to fall into the single digits by year-end 2014. Philadelphia has more than five msf (60 per cent preleased) under construction, the second most in the nation. Tampa is seeing a revival in the construction industry after a lull, with 420,000 sf worth of industrial projects set to break ground in the first quarter and plans for a pair of 1-msf Amazon warehouses in the works. “E-commerce has been a major business driver for industrial/warehouse product, as demonstrated by Amazon’s phenomenal growth,”adds Webb.“In the greater Chicago area, they have confirmed plans for a one-msf build-to-suit in the Southern Wisconsin submarket and will be bringing 1,000 new jobs to the market.” Investment: Webb continues: “Even with the vacillations in market conditions in 2013, the real estate markets continued to provide investors with a reasonable risk/return investment alternative and saw significant capital seeking acquisitions across all property types. We continue to see opportunities in high-quality assets in second-tier markets as the returns remain 100 to 200 bps above those for similar properties in the top six or seven markets.” Overall, investment activity among Avison Young’s U.S. markets is trending upward, and nationally, sales volume of more than $300 billion will top 2012’s total sales. Washington, DC, a perennial top investment target, has lost some favor with investors but the region’s position as the U.S. capital and strong market trends will support its ongoing desirability to investors. Other top markets, such as New York, San Francisco and Texas, continue to garner investor interest that will be sustained through 2014. Canada led all other countries by a significant margin in capital investment in the U.S., and Manhattan, Los Angeles, Dallas and Chicago were top destination markets among foreign investors. Webb concludes: “The markets are still dependent, to some degree, on the historically low cost of borrowing - both investors and occupiers are benefitting from this debt market. Those favorable conditions will persist at least into the first half of 2014. Look for sustained improvement in real estate fundamentals and further market acceleration this year.” www.avisonyoung.com

Please say you saw it in The Commercial Investor


Volume 14 Issue 01

33

Commercial Real Estate & Business Opportunities

HAMILTON CENTRAL - 60 UNITS

E

IV

C

S LU

EX

HAMILTON CENTRAL - 15 UNITS

32 - 1 bedrom & 27 - 2 bedrm & 1 baclr. $62,800/unit. 5 adjacent blgs with lots of parking. Gross income of $466,000. Will assist to arrange CMHC financing. Presently under 3% for 5 years. Principals only.

E

IV

S LU

Well maintained building in a good location of Hamilton. 8 - 1 bedrm & 7 - 2 bedrms. Gross income of $120,000. Asking $63,200/unit. Arrange your own financing.

C

EX

0514_DJW_1_0095

HAMILTON CENTRAL - 9 UNITS

0514_DJW_1_0099

HAMILTON CENTRAL - 4 PLEX

Centrally located 9 - 2 bedroom units with excellent cash flow near the Hamilton General Hospital. Asking price $549,900 with 9% CAP.

4 fully rented units plus garage. Excellent CAP rate. Buyer to do own due-diligence. Asking price $224,900.

0514_DJW_1_0096

0514_DJW_1_0097

TREVISO Condominiums Stoney Creek Elegant Living In A Secure Environment

O c La cup te an 20 cy 14

• 21 different models available • 5 appliances included • Low maintenance fees • Underground parking • Balcony, terrace or patio with all units • 9’ ceilings, granite, ceramic & Mirolin tubs/showers • BBQ pavilion & gardening plots.

LD

0%

SO

Sales Representatives

7

www.trevisostoneycreek.ca Please say you saw it in The Commercial Investor

9127503_0514

SERVING INVESTORS FOR OVER 28 YEARS

Hamilton

Italo Gallace Tina Girard Kevin Girard


34

Commercial Real Estate & Business Opportunities

Volume 14 Issue 01

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 01

35

Commercial Real Estate & Business Opportunities

8975448_0514

$460,000

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.

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

0514_DJW_0056

0514_DJW_1_0033

$699,000

CALLING ALL BUILDERS! RARE OFFERING! OPPORTUNITY KNOCKS! PLANS ARE AVAILABLE TO BUILD 10 TOWNHOUSES ALONG WITH COMMERCIAL SPACE! CLOSE TO MAJOR HIGHWAY & PUBLIC TRANSIT! 0514_DJW_0055

$794,000

Greater Toronto Area

HUGE INDUSTRIAL/COMMERCIAL BUILDING COMPLEX IN TRENDY “PORT CREDIT”! ALL UNITS ARE TO BE PURCHASED AS ONE! GATED & FENCED! IDEAL FOR FUTURE DEVELOPMENT OPPORTUNITIES OR FOR THE USER/INVESTOR!

0514_DJW_1_0020

$3,290,000 29.94 ACRES AVAILABLE AS COMMERCIAL TOURISM ZONING + 3.69 ACRES FOR RESIDENTIAL ZONING! LANDMARK DEVELOPMENT OPPORTUNITY, 8 UNIT MOTEL + 14 COTTAGES ON CEDAR LAKE CLOSE TO THE NORTH MUSKOKA RIVER & WATERFALLS! 4 KMS FROM HISTORIC BRACEBRIDGE!

0514_DJW_0054

$3,299,900 ONE OF A KIND HISTORIC DETACHED MANSION LOCATED IN THE TRENDY FASHION & ENTERTAINMENT DISTRICT OF TORONTO. BOASTING APPROX 6,000 SQ FT & 9 GUEST ROOMS, 5 BATHS & 2 FULL KITCHENS, SPACIOUS FORMAL PRINCIPAL ROOMS, ORIGINAL WOOD STAIRS, WINDOWS & TRIM, ORIGINAL WALL MURALS & TAPESTRIES, ORNATE CEILINGS, WALL MOUNTINGS.

0514_DJW_1_0031

$3,975,000

0514_DJW_0053

0514_DJW_1_0022

0514_DJW_1_0021

Sam McDadi Real Estate Inc., Brokerage

$230,000 LOCATION, LOCATION, LOCATION. ESTABLISHED RESTAURANT FOR THE PAST 15 YEARS. BUSY THOROUGHFARE WITH LOTS OF WALK IN TRAFFIC, OVER 4,800 SQ FT, SEATS 164 PATROS, LLBO, OWNER WILLING TO TRAIN, LEASE IS VALID FOR 4 MORE YEARS WITH AN OPTION TO EXTEND FOR A FURTHER 5.

$149,000 ESTABLISHED FAST FOOD RESTAURANT IN A PRIME LOCALITY. BUSY INTERSECTION, NEAR SCHOOLS & SHOPPING, TONS OF WALK IN TRAFFIC, WEEKLY CONTRACTS WITH LOCAL SCHOOLS. SEATS APPROX 20, $7K WEEKLY SALES, RENT INCL. TMI $2,430, HYDRO & GAS APPROX $800 MONTHLY.

Please say you saw it in The Commercial Investor

$125,000 BUSY TANNING SALON IN A WELL ESTABLISHED GYM IN MISSISSAUGA! TURN KEY BUSINESS, ESTABLISHED CLIENTELE, TOP OF THE LINE EQUIPMENT (INCLUDED), BENEFIT WITH SALES OF NUTRITION SUPPLEMENT ALSO! LOW RENT $1600/MONTH ALL INCLUSIVE! SELLER WILLING TO TRAIN!


Commercial Real Estate & Business Opportunities

Volume 14 Issue 01

10929735_0514

36

Beautiful treed & partly cleared building lot in the fast-growing town of Alcona. Tranquil setting with views of the lake & within walking distance to the gorgeous lakeside park! Services are at the lot line. $109,000 Ingrid McNeill* 1-877-435-4336.

Future development potential!! 109 acre famr on high profile corner adjacent to Alliston’s new residential development & Nottawasaga Resort & Golf Course. Workable land suitable for cash crops or livestock operation. 2 storey farm house w/5 bdrms, original character & charm w/recent updates. $3,200,000. Alyea Hummel* or Jeff Hummel* 1-877-435-4336. 0514_DJW_1_0028

50 Acre investment parcel in area of future growth on outskirts of Thornton. Developer owned land in immediate area. Located close to 400, Georgian Downs, South Barrie business areas and more! Great investment opportunity. $940,500 Marc Ronan***1-888-936-4216

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 Property! Designated Commercial. Corner lot consisting of 2 parcels 320 and 326 Victoria St East with 2 homes, detached garage & 2 road frontages. 2nd property lot size 49.7 x 146.5. $489,900 Marc Ronan*** 1-888-936-4216

0514_DJW_0021

0514_DJW_0022

90 acres Sand Loam in Central Essa Township, currently planted with trees, long term investment with approx 46% of land leased until 2017 + 1 option. Remainder is workable land. Located near Gillespie Trail Development and Baxter. Minutes to Honda and Barrie. Land is zoned Agricultural and Rural. $780,000 Marc Ronan*** 1-888-936-4216

0514_DJW_0020

0514_DJW_1_0030

Greater Toronto Area

0514_DJW_0023

2126 Sq Ft commercial unit in Barrie’s South end near Highways 400 & 27. Quality construction and finishes include showroom, boardroom, mezzanine approx 28’ x 18 overlooks industrial space with 10’ x 12’ loading door at grade. Ample parking, thousands spent on leaseholds. Excellent location with easy access to Hwys at Mapleview. $329,900 Marc Ronan*** 1-888-936-4216 0514_DJW_0024

93 acre development parcel abutting residential 89 Acres in area of Developer owned land & abutting development in New Lowell. Approximately 88 Woodington Lake Golf Course on the outskirts of growing acres workable land. Located inside the Tottenham. $3,520,000 Marc Roan *** 1-888-936-4216 Development Boundary Expansion area. Large GTA Developer in same area. $1,700,000 Marc Ronan*** 1-888-936-4216 0514_DJW_0025 0514_DJW_0026

Location! Location! Hwy 89 & Airport Road. High profile corner Commercial property 3600 sq ft on 1.68 acres. Custom built building suitable for business or restaurant & many other highway commercial zoning permitted uses. Excellent access and exposure with ample parking. $1,195,000 Marc Ronan*** 1-888-936-4216. 0514_DJW_1_0078

Private Country Estate on 67 acres of hardwood forest, ponds & your own 9 Hole Golf Course. Fully equipped Pro Shop, Workshop, Ample storage and parking. Have your own course or continue existing public play. Large custom raised bungalow, 3+2 bedrooms, mutiple walkouts to manicured lawns. $1,499,000 Marc Ronan*** 1-888-936-4216 0514_DJW_0027

1.877.435.4336 Alliston 1.705.725.8255 Barrie 1.905.859.4477 Nobleton

Attention Builders! Excellent opportunity! Draft plan approved for 84 unit adult Lifestyle Community on 32 acres plus abutting future 6 acre walking trail and 7 acre future retirement residence site (3 separate deeds). Project Financing available. Full portfolio on property available. $2,450,000 Marc Ronan*** 1-888-936-4216 0514_DJW_0028

1.888.943.0860 Orangeville 1.888.936.4216 Tottenham 1.705.422.2350 Wasaga Beach

© 2013 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

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Commercial Real Estate & Business Opportunities

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Volume 14 Issue 01

Please say you saw it in The Commercial Investor


SELLING REAL ESTATE FOR OVER 24 YEARS

Platinum Award Winner

Bill Morrison SALES REPRESENTATIVE

905-619-9500 Toronto line: 416 798 7278 or for all inquiries email:

Heritage Realty Inc., Brokerage Independently Owned and Operated

morrisonb@sutton.com

10527900_0514

CASH COW IN THE MAKING!

4913_DJW_3_0034

Greater Toronto Area

ASKING

$2,900,000

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 road next to future Hwy 407 ramps in 3 years. Siding onto subdivision.

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


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

ASKING

$3,950,000 0514_DJW_0091

TORONTO

Attention Investors! In the heart of the Danforth. 9 unit executive and professional tenants. Most units with granite counter tops, hardwood floors & soaker tubs. New ASKING roof, separate hydro $2,525,000 meters. Cap Rate 5.6%. 0514_DJW_0089

TORONTO

Rare find! Fully rented. 22 unit apartment building near the lake. Tenants pay own hydro. All bathrooms renovated. ASKING 12 - 2 bdrm, 4 - 1 $2,298,000 bdrm & 6 bachelor. 0514_DJW_0088

TORONTO

ASKING

$2,380,000

TORONTO

0514_DJW_1_0102

Opportunity for Plaza. Multiple tenants, newer construction. Priced to sell. ASKING

$1,990,000

MISSISSAUGA

ASKING

$1,300,000 0514_DJW_0092

0514_DJW_2_0105

Corner plaza at intersection. Fully leased with signs on roof. New listing.

Nicely renovated mixed use property on Yonge St. near Bloor. Steps to Rosedale Subway Station.

DOWNTOWN TORONTO

Attention Developers/Investor. 1 acre site with over 200 ft on Kingston Rd. Could be apartment building, retirement home, townhome site. Currently car ASKING lot with house. Fan$2,500,000 tastic location.

TORONTO

0514_DJW_0090

Excellent investment on quiet st. Close to Kennedy Station. 9-2 bedroom apts & 1 bachelor. Separate meters and ASKING Great $1,300,000 garage. deal! 0514_DJW_2_0101

I URGENTLY NEED MORE PROPERTY TO SELL IN ALL AREAS,

BUYERS ARE WAITING.

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

Greater Toronto Area

Prime Investment Opportunity. 10 residential & 3 commercial units. Corner property at intersection.

TORONTO

Independently Owned and Operated

8177227_0514

or for all inquiries email:

Heritage Realty Inc., Brokerage


40

Volume 14 Issue 01

Commercial Real Estate & Business Opportunities

Commercial Real Estate Investment 17% Return On Investment

$100,000 Starting Point First Phases Sold Out! Guelph, Niagara and Toronto

0514_DJW_0030

PhaseOne PhaseTwo SiteRemediation Environmental Site Assessments

8297113_0514

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

11283431_0514

Greater Toronto Area

877-659-3248 | contact@ICMgroupofcompanies.ca


Volume 14 Issue 01

41

Igor Chouminov president, Broker of Record

416.877.0326 igor@paiirealty.com

PAII REALTY INC.

Brokerage

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_0514

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!

businessbarometer

Business Barometer: Confidence among entrepreneurs up in January On a scale between 0 and 100, an index above 50 means owners expecting their business’ performance to be stronger in the next year outnumber those expecting weaker performance. One normally sees an index level of between 65 and 70 when the economy is growing at its potential.

S

mall business optimism rebounded in January, but it is not quite back to levels we had seen July through November last year. CFIB’s Business Barometer Index rose 1.7 points to 64.0 in January, clawing back about half of December’s losses.

The gains were mainly the result of a 2.5-point gain in Ontario (to 65.4), which is once again posting optimism levels above the national average. Perspectives in Quebec (56.2) also improved, but businesses there remain the country’s least upbeat. Nationwide figures, however, masked notable declines in business sentiment in the four Western Provinces. Overall, the most optimistic business owners are in British Columbia (71.8) and Newfoundland & Labrador (68.1). Sector profiles remain pretty tightly bunched around the overall average, which is normally a positive sign. However, the important consumer sectors of retail and hospitality are below the mid line. Seasonally influenced future hiring plans have moved sharply upward, similar to the patterns seen last year. One-in-four businesses plan to take on more fulltime staff in the next few months, compared to 8 per cent who plan to cut back. Pricing and wage plans continue to trend higher, rising to 1.6 per cent and 1.7 per cent respectively on an annualized basis. CFIB is Canada’s largest association of small and medium-sized businesses with 109,000 members across every sector and region.

Please say you saw it in The Commercial Investor

Greater Toronto Area

ACTIVELY LOOKING FOR:


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Commercial Real Estate & Business Opportunities

Greater Toronto Area 11276658_0514

Please say you saw it in The Commercial Investor

Volume 14 Issue 01


Volume 14 Issue 01

43

Commercial Real Estate & Business Opportunities

Law OffiCes

of Zack Ozani, B. Comm. LL.B. • The primary focus of my practice is negotiating, reviewing, drafting of retail/office/commercial leases and related contracts as well as other business contracts such as partnership agreements, non-disclosure agreements and licensing agreements • I have represented both landlords and tenants, from individual clients to larger landlords in the GTA and a national company with about 250 locations across Canada • I also draft Statements of Claim, Defence, and attend settlement conferences in Small Claims Court • Excellent customer service

647-720-9225 zackozlaw@gmail.com

Call me for all your commercial leasing and general contract needs, and any small claims court issues you may have

Greater Toronto Area

11283444_0514

• Very reasonable rates

110 Ridgetop Rd. Available September 2016

- Fully fenced, gated entrances, great security

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

info@110-ridgetop-road.ca

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

www.110-ridgetop-road.ca

Please say you saw it in The Commercial Investor

11281846_0514

3.3 acres


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Commercial Real Estate & Business Opportunities

Volume 14 Issue 01

Greater Toronto Area 8647857_0514

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Volume 14 Issue 01

Commercial Real Estate & Business Opportunities

hottopic

Salary or dividends? Small business owners should review their compensation strategy before year-end CIBC offers guidance for small business owners on withdrawing funds from their corporations as salary or dividends Small business owners risk paying too much in income tax by making the wrong decision on whether to withdraw funds from their corporations as salary (bonus) or as dividends, says CIBC’s tax and estate planning expert, Jamie Golombek. In a new report, Mr. Golombek offers guidance to small business owners on the most efficient way to pay themselves from their corporations, in light of recent and future changes in tax rates and rules. The report assesses the impact of the tax rate advantage, the tax deferral advantage and the tax-sheltering benefits of an RRSP as factors that can affect the compensation decision for small business owners. “Each year, small business owners who run their businesses through corporations can choose to receive compensation from their corporations as either salary or dividends. This year, changes such as increases in the highest personal marginal tax rates in several provinces and modifications to taxation of dividends will significantly impact the compensation decision,” says Mr. Golombek. For small business owners who need to withdraw funds in 2013 “When small business owners need to withdraw funds in 2013 to pay for personal expenses, the 2013 tax rate advantage is an important factor in the compensation decision,” says Mr. Golombek. “Paying dividends can generate tax savings when there is a tax rate advantage.” Paying dividends is generally the best option for SBD Income (which is income up to the small

business deduction limit of $500,000 in most provinces) due to the tax rate advantage in most provinces, which ranges from 0.56 per cent to 4.54 per cent in 2013. For ABI (which is active business income above the small business deduction limit), paying salary is generally a better option due to the 2013 tax rate disadvantage in most provinces, ranging from 0.47 per cent to 5.88 per cent. For small business owners who can afford to leave money in the company “For small business owners who don’t need to withdraw funds in 2013, it can pay to defer dividends to a future year,” says Mr. Golombek. Although there will be a tax cost associated with paying dividends after 2013, there is a significant tax deferral advantage that may help to offset this cost. This year, the tax deferral advantage ranges from 25.00 per cent to 35.50 per cent across the provinces for SBD Income, and from 13.30 per cent to 23.07 per cent across the provinces for ABI. Mr. Golombek added,“If investing the deferred amount will generate enough income to offset the tax cost, then paying deferred dividends is the better way to go; otherwise, small business owners should still withdraw funds in 2013.” Tax-sheltering benefits of an RRSP While paying dividends may be advantageous in many cases, distributing corporate income as salary rather than dividends creates earned income that allows small business owners to contribute to an RRSP. Small business owners may wish to consider paying sufficient salary to maximize RRSP contributions, particularly if the RRSP invests in higher rate of return, highly-taxed investments over a long time horizon. “Taxation rules for businesses are quite complex and can change regularly,” says Mr. Golombek.“Business owners should consult with a tax professional and a financial advisor for a complete analysis of all factors in the compensation decision.” More details along with rates for 2013 and 2014 for all provinces are available in Mr. Golombek’s report, The Compensation Conundrum: Will it be salary or dividends? About CIBC 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 Press Centre on our corporate website at www.cibc.com. SOURCE CIBC

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Commercial Real Estate & Business Opportunities

Volume 14 Issue 01

Investing in Cash-flow is hard to do in Canada. The entry price point of real estate is too high that generating a good return is difficult. Not so in the USA. America`s real estate is still completely undervalued and there are certain areas that are key areas that should see signs of capital appreciation. One such location is Columbus, Ohio. Columbus ranked 10th best city for homeownership. A new ranking from NerdWallet.com (an online personal financial resource) has listed Columbus as its 10th best large city for homeownership in 2013. The methodology of the ranking examines the availability and affordability of homes as well as the growth rates of these cities. Here’s what they had to say about Columbus: Columbus is a great place to settle down and buy a home, with its low unemployment rate and low cost of living. This college town (home to the Ohio State University) has a laid-back Midwestern vibe, and the city has world-renowned hospitals (including The OSU Wexner Medical Center) and research centers as well as an up-and-coming dining scene.

Greater Toronto Area

Future Equity Financial (www.futureequity.ca) and our sister company www.investamericanow.com source quality investment opportunities and assist our clients through acquiring high cash-flow real estate. Currently we have 10 excellent units in Colubmus, tenanted, with management in place, all with a NET Return of 10-12%. Contact us for more information. We also have quality investments in other parts of the US, however our focus currently is to work with our Ohio Inventory and assist interested buyers in navigating through the purchase of these excellent homes. Investing in USA Real Estate for Canadians can be a daunting task, however when you work with professionals such as InvestAmericaNow.com, you benefit from acquiring excellent properties, that are turn-key and ready to go! There is stiwll work involved but much of the guess work is removed, since we work diligently to ensure that all properties are in good condition with good tenants and offer a solid return. Most people who invest in real estate expect to become rich overnight, but this isn’t the case. Becoming wealthy takes work. All homes are 3 bedroom, 1 bathroom, and have been fully rehabbed. Financing is not available for these units. Typically Canadians would have to pay cash for these units. If you have equity in your home, you could always pull from your equity via a line of credit to acquire cash in the USA. For more details, call Beatrice at (416) 908 1734.

8647857_0514

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Commercial Real Estate & Business Opportunities

11280721_0514

Leonardo Hara Sales Representative

Realty Solutions Brokerage

Office: 416.743.2285 leohara@rogers.com www.LeonHara.com

647.668.4272

–

Smart Choice

plaZas: – Toronto – 22 acres – 300,000 sf – Business Centre - $50 mil – 7% CR

prOjects/develOpMent, land – Peterborough – 100,000 sq ft mix use and existing 50,000 sq ft with income $8.25 mil

– Toronto - $45 mil – 6.5 % cap rate

– Richmond Hill – 150 units, 12 floors, 130 K sq ft space proposed - $4 mil

– 70 KM west of Toronto - $18.75 mil – 7.5% CR – with potential – 300 km West - $12.2 mil – 6% CR – AAA Tenants – Collingwood – 8.5 mil – 7%CR – 7.5 acres - Potential

– Orangeville - $4 mil – 53 acres (business park) & $1 mil – 17 acres (employment) – Toronto - $3 mil – 20,000 sq ft lot CL zoning

– 400 km North – 6.5 mil – AAA Tenants - 6% CR

– Georgian Bay – 40 estate Lots $2.5 mil (group of lots available also)

– SDM - 150 km east of Toronto - $5.5 mil – 6% CR

– 3 Acres in Guelph – $1.8 mil – approved for Gas Station – busy intersection

– Texas Plaza – 10% CR - $4.8 mil – AAA Tenants

– 3 Acres in Scarborough - $1.6 mil – Industrial zoning

– Plaza – 130 km west - $2.5 mil – 7.5% Cap Rate – 250 km West - 15 year lease single tenant - 1.17 mil - 7%CR

leases – Windsor – 14,500 sq ft immediately to Metro & 5,000 sq ft in a Big Plaza

– Midland - $635 K – 47 k net income

– Industrial/Office Flex – 2500-5800 sq ft in the Hwy 427/ QEW Area

apartMent Building/MOtel/hOtels – – – – – – – –

Toronto – 66 units - $8.25 Mil 5% CR Toronto – 57 Units – $7.1 Mil -4.7% CR London – 56 Units – Condo Status – $6.9 Mil -5.5% CR Sarnia - $5.55 Mil – 65 res + 8 com = 7.7% CR Peterborough – 40 units - $4 mil 7.6% CR!! Sarnia – 31 units - $2.1 Mil – 7% CR Mix building – 7 apts + 5 offices - 1.1 mil - 7% CR Belleville - $1.09 Mil – 9% CR – 5 apts. + 7 Offices

– Toronto – 20,000 sq ft lot CL zoning - $4.5/ sq ft. Medical, Office & industrial – Retail/ICI Building – Toronto – Hwy 401/Hwy 400 - $2.75 mil – Kitchener – Medical Building - $1.95 mil – 7% Cap Rate – Office Building – Windsor - $1.285 mil – 11% Cap Rate – 37% ROI 1st yr - 55% ROI - 5-10 yrs – MONTANA, US, Studios – 400 km West - SDM - 6.2 mil - 8% CR!!! – London - 2011 Building - 30,000 sf - 10 mil - AAA anchor tenant

Let a Real Estate Investor, Manager & Realtor Help You Sell, Buy or Manage Properties, Implementing Optimal Marketing, Management and Investing Strategies... 8148048_0514 Please say you saw it in The Commercial Investor

Greater Toronto Area

Volume 14 Issue 01


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businesssavvy

Commercial Real Estate & Business Opportunities

Volume 14 Issue 01

Executive professional accountants forecasting growth in employee numbers: CPA Canada Business Monitor

T

here is a sharp jump in the number of executive professional accountants anticipating a climb in employee numbers at their companies over the next 12 months, according to the latest CPA Canada Business Monitor (Q4 2013). Some 44 per cent forecast a growth in employee numbers in the year ahead compared with 34 per cent the previous quarter, while 39 per cent of the respondents predict no change and 17 per cent expect a drop.

Despite the positive employment forecast, the majority of executive professional accountants (60 per cent) are neutral about the prospects for the Canadian economy over the next 12 months. There are 34 per cent that are optimistic while just six per cent are pessimistic. The state of the U.S. economy is viewed as the biggest challenge to the Canadian economy, referenced by 38 per cent of respondents. Uncertainty surrounding the Canadian economy is the next closest at 14 per cent. “The majority of executives surveyed are not prepared to give a thumbs up just yet for the Canadian economy, despite some very encouraging employment prospects,” says Kevin Dancey, FCPA, FCA, president and CEO, Chartered Professional Accountants of Canada (CPA Canada).“The survey findings reinforce the lingering uncertainty that exists.” In terms of company optimism, 57 per cent are optimistic about how their company will perform over the next 12 months compared with 50 per cent the previous quarter. There also are positive projections for revenues and profits. Of respondents, 69 per cent expect their revenues to grow in the next year and 68 per cent are forecasting an increase in profits.

Impact of Personal Debt: Almost two-thirds (61 per cent) of the executive professional accountants surveyed believe the current level of personal debt among Canadians is hurting the economy. In addition, 53 per cent of those surveyed felt that Canadian personal debt levels are a threat to future demand for products or services at their company. “High personal debt levels among Canadians are clearly a source of worry for many business leaders,” says Dancey.“CPA Canada has repeatedly encouraged Canadians to save more, spend less and reduce personal debt.” Bank of Canada: About two-in-three respondents (65 per cent) believe that the Bank of Canada will likely leave its overnight rate unchanged for the duration of 2014. Virtually all other respondents predict the Bank will increase the overnight rate in the year ahead. It also appears that executive professional accountants are growing increasingly comfortable with Stephen Poloz in his role as Bank of Canada governor. A strong majority (71 per cent) stated they were more comfortable while 29 per cent were less comfortable. The CPA Canada Business Monitor is issued quarterly, based on a survey commissioned by CPA Canada. The report draws upon business insights of professional accountants in leadership positions in privately and publicly held companies. For the Q4 2013 study, emailed surveys were completed by 192 of 4,319 identified by CPA Canada as holding senior positions (CFOs, CEOs, COOs and other senior executive roles). The response rate was 4.4 per cent, with a margin of error associated with this type of study at ±7.1 per cent, with a confidence level of 95 per cent. The survey was conducted by Harris/Decima Inc. from December 5 to December 19, 2013. A background document is available online at www. cpacanada.ca/businessmonitor. CPA Canada is the national organization established to support unification of the Canadian accounting profession under the Chartered Professional Accountant (CPA) designation. It was created by the Canadian Institute of Chartered Accountants (CICA) and The Society of Management Accountants of Canada (CMA Canada) to provide services to all CPA, CA, CMA and CGA accounting bodies that have unified or are committed to unification. As part of the unification effort, CPA Canada and the Certified General Accountants Association of Canada (CGA-Canada) are working toward integrating their operations. Unification will enhance the influence, relevance and contribution of the Canadian accounting profession both at home and internationally. www.cpacanada.ca

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Greater Toronto Area

Commercial Real Estate & Business Opportunities

d l so

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11274591_0514

Volume 14 Issue 01


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Volume 14 Issue 01

Commercial Real Estate & Business Opportunities

Tony Giannini Sales Representative

RE/MAX PERFORMANCE REALTY INC., BROKERAGE 1140 Burnhamthorpe Rd., Suite 141 Mississauga, ON

905-270-2000 Email: agiannini@trebnet.com 9774309_0514

MODERN 3 BAY COIN CAR WASH Automatic car wash & Dog wash on prime location. Thriving cash business in growing town within Guelph with major residential developments. Separate pet wash, 3 coin bays, automatic car wash unattended, vacuums, blowers for drying car in each bay. Vending machines, security camera system with internet 4913_DJW_0096 access for monitoring. Asking $849,900. 4913_DJW_0095 4913_DJW_0094

Greater Toronto Area

4 Bay Coin & Drive thru touchless rollover, plus detailing Bay/ Business & Car Rental Business. Situated on 1.3 acres and close to very busy Walmart Power Centre. Can operate as absentee owner or hands on. Very profitable!! High return on investment!! Asking $1,699,000 Muskoka area. Call to view. 4913_DJW_2_0129

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. 4913_DJW_2_0037

6 Bay Coin Car Wash on 1.1 acre. Vacant land can also be developed for 100 - 10’ x 10’. Public storage units. Asking $1,199,000.

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.

4913_DJW_1_0089

4913_DJW_2_0090

PRINCIPALS ONLY • 8 Bay Coin Car Wash & Rental Building. Asking $1.95 Mil • 6 Bay Coin Car Wash Tunnel & Commercial Rental income (Hamilton). Asking $1.85 Mil

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


11278047_0514

Volume 14 Issue 01

Re/mAX fIRST ReALTY LTd., BRoKeRAGe 304 BRoCK ST S. 2Nd fLR WHITBY, oNTARIo L1N 4K4

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Commercial Real Estate & Business Opportunities

DAVID WATKINS S A L E S R E P R E S E N TAT I V E

905- 432- 630 0

ng 0 ki ,00 as 250 , $2

1.

Vacant Land Whitby, 2 Acres, $2.4M, busy Taunton/Brock Commercial Area.

2.

For lease South West Ajax, 3600 sq/ft, former day care in strip plaza just south of Bayly. $13.00 sq/ft + 7.38 TMI Oshawa/office 400-500 sq/ft, $650 month gross.

10,000 Square foot Ajax Plaza, net operating income $150,000.

3.

0514_DJW_0033

South Oshawa/Whitby 2160 sq/ft. Industrial unit with roll up truck door, $5 sq/ft + TMI 4.75 sq/ft.

UNdeR CoNTRACT/LeASed Oshawa 6 plex / sold conditional finance. Whitby retail 3000 sq/ft leased Oshawa/Office, $850 month leased Whitby Convenience store...Sold Greater Toronto Area

Profitable bakery/deli/cafe West Pickering. $204,900. The seller may assist financing. 0514_DJW_0034

1. 2. 3. 4.

11283432_0514

10 0 % C L U B - H A L L o f fA me - W W W.BUSINeSSdAve.Com

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Commercial Real Estate & Business Opportunities

Please say you saw it in The Commercial Investor

Volume 14 Issue 01


Volume 14 Issue 01

Commercial Real Estate & Business Opportunities

inthenews

Ontario business questioning outlook for 2014, according to new report • The Annual Ontario Business Confidence Index is the most comprehensive survey of business opinion in the province • Despite a boost in confidence over the last year, only 48 percent of businesses are confident in Ontario’s economy • 74 percent of businesses are confident in their own organization’s economic outlook

O

ntario businesses are more confident in the Ontario economy compared to this time last year, according to a new survey from the Ontario Chamber of Commerce and Leger Marketing. The annual Ontario Business Confidence Index shows that despite this boost in confidence, more than half of businesses in Ontario remain uncertain about the province’s economy.

“Ontarians will likely be voting frequently over the next two years – federally, provincially, and municipally,” says Matthew Mendelsohn, Director of the Mowat Centre. “We hope that the next two years will be a time when Ontario politicians from all three levels of government will demonstrate a laser-like focus on economic issues and on the business climate.” “There are actions that government and business can do to boost our economy and business confidence,” adds O’Dette. “But right now there is uncertainty in Ontario’s business climate, possibly as a result of potential changes to the pension system and rising energy costs.” “There is still a significant gap between business’ confidence in their own outlook and their confidence in the economy,” adds Dave Scholz, Chief Marketing Officer and Partner at Leger Marketing. “This may be an indication that businesses recognize that there are potential clouds ahead in the global economic outlook and the public policy environment.” Among the survey’s findings are:

The index also shows that 74 percent of businesses are confident in their own organization’s outlook, a slight increase over the previous year. “Ontario businesses are confident in themselves and in their capacity to invest in Ontario,” says Allan O’Dette, President and CEO of the Ontario Chamber of Commerce. “I think there’s cause to be cautiously optimistic--business confidence levels are on the uptick, but they’re not great.” The survey of over 2,200 businesses is featured in the newly released report Emerging Stronger 2014, a business-driven economic agenda for Ontario authored by the Ontario Chamber of Commerce, the Mowat Centre and Leger Marketing. The report identifies the immediate steps that government and the private sector must take to enhance Ontario’s economic competitiveness and spur job creation in the province.

• 74 percent of businesses are confident in their organization’s economic outlook, up two percentage points from last year. • 48 per cent of businesses are confident in the Ontario economy, up 4 percentage points from last year. • 42 per cent believe Ontario’s economy is headed in the right direction, while 38 per cent believe it is not. • Businesses in the financial services sector (74 per cent) are the most likely to expand over the next five years; only 51 per cent of manufacturers plan to expand over the same period. • Some regions are much more confident than others: The Hamilton Niagara Peninsula region is the most confident in the province, while Windsor-Sarnia is the least confident. Read Emerging Stronger 2014: www.occ.ca/emergingstronger SOURCE: Ontario Chamber of Commerce

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Volume 14 Issue 01

Commercial Real Estate & Business Opportunities

FREE 24-HOUR RECORDED INFORMATION POWER OF SALES & FORECLOSURES

1-800-872-3761

www.GtaDistressProperties.com

Brokerage

Real Estate Team

View Over 20,000 Homes For Sale Online

View Over 20,000 Homes For Sale Online

Including All Foreclosures & Power of Sales

9508003_0514

SEAN ROLAND

FIRST TIME HOME BUYERS & REAL ESTATE INVESTORS ✓ Power of Sales, Foreclosures & Distress Properties ✓ Below Market Fixer-Uppers & Tax Sale Properties ✓ Below Market Rental Properties, Positive Cash Flow Properties ✓ Up to $25,000 CASH BACK at Closing & ZERO Down Mortgages

Including All Foreclosures & Power of Sales

w w w. G t a D i s t r e s s P r o p e r t i e s . c o m (Including: Toronto, Etobicoke, North York, East York, Mississauga, Brampton, Oakville, Milton, Richmond Hill, Vaughan, Woodbridge, Thornhill, Markham, Newmarket, Scarborough, Pickering, Ajax, Whitby, & Oshawa) 0414_DKA_1_3076

24

7 $9

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We Work with Over 50 Banks, Trust Companies, Credit Unions, & Private Lenders

Please say you saw it in The Commercial Investor


Volume 14 Issue 01

55

Commercial Real Estate & Business Opportunities

FREE 24-HOUR RECORDED INFORMATION POWER OF SALES & FORECLOSURES

1-800-872-3761

www.GtaDistressProperties.com

Brokerage

Real Estate Team

View Over 20,000 Homes For Sale Online

View Over 20,000 Homes For Sale Online

Including All Foreclosures & Power of Sales

9508017_0514

SEAN ROLAND

FIRST TIME HOME BUYERS & REAL ESTATE INVESTORS ✓ Power of Sales, Foreclosures & Distress Properties ✓ Below Market Fixer-Uppers & Tax Sale Properties ✓ Below Market Rental Properties, Positive Cash Flow Properties ✓ Up to $25,000 CASH BACK at Closing & ZERO Down Mortgages

Including All Foreclosures & Power of Sales

w w w. G t a D i s t r e s s P r o p e r t i e s . c o m (Including: Toronto, Etobicoke, North York, East York, Mississauga, Brampton, Oakville, Milton, Richmond Hill, Vaughan, Woodbridge, Thornhill, Markham, Newmarket, Scarborough, Pickering, Ajax, Whitby, & Oshawa)

$ ZER

0 00

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WE WILL BEAT ANY BANK RATES GUARANTEED! Interest Rates as Low as

2.99%

*

We Will Beat Any Bank Rates Guaranteed

1-800-872-3761

RECEIVE UP TO $25,000 CASH BACK ON CLOSING

✓ ZERO DOWN Mortgages ✓ 1st, 2nd, & 3rd Mortgages ✓ Bad Credit as low as 540 ✓ No Credit OK ✓ Self-Employed OK ✓ No Income Verification OK ✓ Refinance & Equity Take Out ✓ Debt Consolidations ✓ New Tax Deductible Mortgage ✓ Pay Off Your Home in 7 Years

We Work with Over 50 Banks, Trust Companies, Credit Unions, & Private Lenders

Please say you saw it in The Commercial Investor

Greater Toronto Area

0 O 33 O D SH

OM FR 0 G IT N ,90 WN ACK AR 9 O B ST 19 O D SH $ ZER 0 CA 00 0, $1

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0414_DKA_0046

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00 K ,0 WN BAC

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56

Commercial Real Estate & Business Opportunities

Volume 14 Issue 01

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


57

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

LIQUIDATION STORE

FREE BUILDING

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

With the purchase of this Earlton lot for only $54,900. 3600 sq’ plus garden centre sq’ downtown corner lot with lots of potential. MLS 102746

0514_DJW_1_0086

0514_DJW_1_0012

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 0514_DJW_0010

With owner’s 1+1 bedroom apartment. Former LCBO & OLG. Walk-in cooler, storage sheds & more. Great potential to start your own business at a great price. Asking $99,900. Latchford. MLS 132923 0514_DJW_0011

GENERAL STORE

HIGHWAY #11

Excellent turn key business & home. Rural opportunity on Hwy 65 W in Kenabeek, Gas station, C-Store, Lotto, LCBO, Bait, Bottle Return, Post Office, Garage & sheds & a large 5 bedroom apartment. Lots of parking on this 1.47 acre property. New Price $270,000. MLS 130417. 0514_DJW_1_0051

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 0514_DJW_0012

Please say you saw it in The Commercial Investor

Central Ontario

brokerage New Liskeard, Northern ontario

9857729_0514

Volume 14 Issue 01


58

inthenews

Commercial Real Estate & Business Opportunities

Volume 14 Issue 01

Canadian investment advisors remain overwhelmingly bullish on stocks

C

anadian investment advisors expect stocks to continue their torrid pace in Q1 of 2014, but are bearish on every other asset class, according to the Q1 2014 Advisor Sentiment Survey (the “Q1 Survey”) conducted by Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”).

“Emerging markets were an unloved asset class last year, with equity risk appetite increasing, it would stand to reason that investors may be growing more comfortable with emerging market equities,” Mr. Atkinson said. Precious metals, did not receive the same vote of confidence. Only 32 per cent of advisors are bullish on gold bullion – only a percentage point lower than last quarter - despite the fact that gold bullion lost 9.28 per cent. Similarly, silver bullion lost 10.27 per cent last quarter. “Generally speaking, if advisors are going to be bullish on stocks, they’ll likely be bearish on gold bullion since the two asset classes have historically had strong inverse correlation,” said Mr. Atkinson.“With both gold and silver bullion struggling in 2013, many investors may be thinking they have bottomed in the near term which may explain why sentiment has held steady, even if it remains bearish.” Bearish sentiment on the Canadian dollar rose dramatically from 41 per cent in our previous survey to 70 per cent in the Q1 Survey with seven out of 10 advisors surveyed believing that the Canadian dollar will decrease in value versus the U.S. dollar over the next quarter.

The Q1 Survey asked Canadian advisors to share their outlook on 15 distinct asset classes, indicating whether they were, at the time the “There has been a lot of media coverage of negative outlooks for the survey was conducted, bullish, bearish or neutral Canadian dollar, so this is not surprising, but still a 30 percentage point on the anticipated returns from these asset increase in bearish sentiment is quite substantial,” said Mr. Atkinson.“For classes in Q1 2014. Collectively, advisors were this reason, we’ve also seen a preference, as highlighted in ETF flows, for bullish on only six of the 15 asset classes surveyed, non-hedged U.S. equity – investors want to get direct exposure to the U.S. all of which were equity indices. dollar as the value of the Loonie falls.” Nearly three quarters of Canadian advisors (74 per cent) are bullish on the S&P/TSX 60 Index, which saw bullish sentiment increase from 68 per cent in our previous survey. Canadian stocks generated a 6.94 per cent return last quarter. The same bullish sentiment, 74 per cent, was observed on the S&P 500 Index as well, after an approximately 10 per cent return in Q4 2013. Bullish sentiment on the NASDAQ-100 Index is at 75 per cent, after a Q4 2013 return of 11.62 per cent. “We are seeing almost unprecedented levels of bullishness on large-cap stocks across the board,” said Howard Atkinson, president of Horizons ETFs.“Canadian stocks lagged U.S. stock returns over the last year, and investors may be expecting Canadian stocks to rally on a relative performance basis to close the gap on the U.S.” Bullish sentiment on the MSCI Emerging Markets Index rose a substantial 11 percentage points from 60 per cent to 71 per cent after this index generated a 1.54 per cent return last quarter.

Bullish sentiment on volatility increased slightly to 48 per cent in the Q1 Survey from 45 per cent in our previous survey after the S&P 500 VIX ShortTerm Futures Index lost nearly 27.50 per cent last quarter. “Volatility historically rises during stock market declines. If investors are bullish on equities, they are generally bearish on volatility,” said Mr. Atkinson.“The rise in bullish sentiment on volatility may be indicative of an increasing number of investors feeling that volatility is probably near a bottom, so even if stocks rise, it may be a bumpier ride up than what we saw in 2013 where volatility remained at historic lows for most of the year.” About the Advisor Sentiment Survey: Horizons ETFs conducts the only quarterly sentiment survey of Canadian investment advisors. The survey quantitatively measures advisors’ quarterly outlook as it relates to key benchmarks covering equities, bonds, currencies and commodities. Full survey results are available at: http://www.HorizonsETFs.com/ sentimentsurvey About Horizons ETFs (www.HorizonsETFs.com): Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. are innovative financial services companies offering the Horizons ETFs family of exchange traded funds. The Horizons ETFs family includes a broadly diversified range of investment tools with solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. With approximately $4.2 billion in assets under management and 73 ETFs listed on the Toronto Stock Exchange, the Horizons ETFs family makes up one of the largest families of ETFs in Canada. Horizons ETFs Management (Canada) Inc. and AlphaPro Management Inc. are members of the Mirae Asset Financial Group.

Please say you saw it in The Commercial Investor


Volume 14 Issue 01

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

59


60

Volume 14 Issue 01

Commercial Real Estate & Business Opportunities

34 BED RETIREMENT HOME

13 BED HOME CARE FACILITY EASTERN - ONTARIO 10 DOM 3 HSC BEDS $665,000 20% CAP RATE-50% R.O.I!

67 BED DOM/ RETIREMENT HOME

Turn key operation 90 minutes from Mississauga in a lovely town that provides the clientele for this charming retirement home. Currently running at full capacity with a waiting list. Gross income approximately $800,000. Rates are affordable providing a large pool of clients.

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.

Based on the current demographics the town has a demand for a good affordable retirement facility. The current building has an outstanding 22 bed domiciliary facility currently full with a waiting list. An additional 45 beds are possible in a separate building. Location Eastern Ontario.

0514_DJW_0008

3713_DJW_5_0088

0514_DJW_0009

MICHAEL SHMUKLER, Broker of Record 11253451_0514

Office 519-434-3706 Direct 519-318-1622

8177055_0514

michael@michaelshmukler.com www.MichaelShmukler.com - click on I.C.I properties

ProAlliance Realty Brokerage Independently Owned & Operated

BRUCE COOKE BBA, CCIM, SIOR

MAtthEw COOKE B.COMM MEAghAn COOKE BA,

Commercial Sales Representative

Office: 613-966-6060

E-mail: bruce@cookeproperties.com

$329,000 CONVENIENCE STORE + RESIDENCE

Sales Representative

Sales Representative

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

Office: 613-966-6060 Direct: 613-243-3949

matthew@cookeproperties.com

meaghancooke@hotmail.com

16 APARTMENTS LONDON AREAA 10% CAP

Eastern Ontario Price includes 3 buildings, Convenience Store, Gift Shop and Tackle Shop. Also has Greco Pizza business with store. Spacious apartment. 4513_DJW_2_0081

$479,000 DRASTIC PRICE REDUCTION BRIGHTON

25,000 SF Commercial bldg. 1.5 hrs. E of Toronto. Post & 16 apartments + 1 commercial tenant. Fully leased, 12 units were renovated in 2013. 13 x 2 bdrm, 1 x 4 bdrm, 2 x Bach beam construction, extensive renovations, 3 phase power. units. Gross Income $144K. Excellent condition on huge lot. Call Bruce Cooke (613) 970-0095. Call Matthew Cooke (613)243-5146. 4513_DJW_0097 4513_DJW_1_0089 4513_DJW_3_0090 4513_DJW_3_0091 4513_DJW_1_0092

Please say you saw it in The Commercial Investor


Volume 14 Issue 01

61

Commercial Real Estate & Business Opportunities

William G. Bird Broker, CCIM CD | williambird@cogeco.ca Cell: 613-243-2767 Office: 613-969-9907 BELLEVILLE - NORTH FRONT PIZZA BUSINESS

$125,000

17 years established sale includes vehicles - all chattels - including a 1986 truck (chip wagon) selling at events. Includes right to 10 off site events. All company receipts and lists of past clients. Owner will train for 14 days at no cost. Call Bill Bird at 613-2432767 for more details. 0514_DJW_0048

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

30 YEARS IN BUSINESS

Convenience store North front Belleville High pedestrian & vehicular flow Lotto & sales in excess $9,000.Weekly Call for financials & Chattels to BIll Bird 613243-2767

$89,000 NORTH FRONT ST

0514_DJW_0049

6 CATHERINE BELLEVILLE

Zoning allows for business and rental income One unit currently leased, owners to move business. Upper unit is now offices but could be residential. Call Bill Bird for further details 613-243-2767

30 year established Dress Shop & Bridal Salon in Belleville. Providing women with executive fashions and bridal wear. Sale includes all chattels. Stock to besold under Bulk Sales Act. Store is also for sale. For completed details call Bill Bird 613-243-2767.

$249,000 TRIPLEX

STORE - 3 APTS - BUSINESS

8 units. Offices and retail, located on one on Belleville’s main arteries. #2 highway Excellent condition. Call Bill Bird for details at 613-0243-2767

$1,100,000 BELLEVILLE’S TOP SPOT

$1,200,000

$719,000

0514_DJW_0051

Step into an instant cash flow from this popular bar. Outstanding location near the new Ontario Court House. Ample parking & situated on the Moria River gives this the special touch. Bar food is available but could be up-scaled to fine dining. Located in a promising area of greater income potential and future growth.0514_DJW_1_0140

Includes store, business, 3 apts owned over 20 years. One of the highest producing convenience stores in Belleville. The potential for growth in income is unlimited as it is located in an area of explosive growth. 3 apartments plus store give this a great cash flow. 0514_DJW_1_0139

SERVICE CENTER HWY 33/401

$4,400,000

Features include Tim Hortons outlet, car wash, truck wash, convenience store, ATM machines. Building and car wash can be considered newly built. Over three million dollars spent on upgrades. This unit also includes a recent environmental study. Call William Bird or Fred Smith 613-969-9907.

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

Please say you saw it in The Commercial Investor

0514_DJW_0052 10002624_0514

Eastern Ontario

PLAZA BELLEVILLE

0514_DJW_0050


62

Volume 14 Issue 01

Commercial Real Estate & Business Opportunities

Jamie Troke, CCIM Broker of Record jtroke@reach.net

8305397_0514

“Your Commercial Connection in Eastern Ontario” www.cbcommercial.ca

613-969-9901

FOR SALE 114,000 SF – 8.5 ACRE PLAZA 7% CAP RATE

350 parking spaces, over 1,000 residental units in neighbourhood. Anchor tenants include Giant Tiger, Dollarama, Meta Employment Services, Salvation Army Thrift Store and Tim Hortons. www.sidneysquare.com 4913_DJW_0081 4913_DJW_0082 4913_DJW_0083

10% CAP RATE

DOWNTOWN CORE 14,000 SF

WATERFRONT

Belleville, asking price includes 3.79 acres - 19 permanent mobile home sites, large duplex plus triplex, 2014 budgeted Gross Income $106,000!

Located in downtown core. Uses include: Community Centre, day nursery, place of worship and possible conversion to multiresidential social housing or boarding house. www.111cedar.com. Contact Bill McGuire, Sales Rep.

Located on Trent River in downtown core of Frankford. Prime for conversion to multi-residential or retirement home, site 82 ft x 282 ft fully paved, existing building is 4,500 s/f. www.40northtrent.com. Contact Bill McGuire, Sales Rep.

FAMILY RESTAURANT

32,000 SQ. FT.

Eastern Ontario

ASKING $468,000

0514_DJW_0060

GROCERY STORE - BUTCHER SHOP

STIRLING

TRENTON

4,000 S/F full service long established Grocery Store with Lotto and Butcher Shop (owner will help train). Includes all land, building and equipment.

Contact Adam Burr:

www.Sprenkels.ca

ASKING $598,000

4913_DJW_2_0096

ASKING $485,000 0514_DJW_0062

ASKING $189,000 0514_DJW_0061

BELLEVILLE

Great opportunity to own your real estate and busy 125 seat restaurant with catering potential. www.BlackDogStirling.com

Investment Property Downtown core office building government tenants. www.15victoria.com Joe Shunock, Sales Rep.

ASKING $475,000

4913_DJW_1_0095

Please say you saw it in The Commercial Investor

PRICE REDUCED!!! $1.7 MILLION!!

4913_DJW_3_0075

www.4379dundas.com


Volume 14 Issue 01

Commercial Real Estate & Business Opportunities

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

63


64

inthenews

Commercial Real Estate & Business Opportunities

Volume 14 Issue 01

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 one per cent. The Bank Rate is correspondingly 1.25 per cent and the deposit rate is .75 per cent.

wReal GDP growth is projected to pick up from 1.8 per cent in 2013 to 2.5 per cent in both 2014 and 2015. This implies that the economy will return gradually to capacity over the next two years. Although the fundamental drivers of growth and future inflation appear to be strengthening, inflation is expected to remain well below target for some time, and therefore the downside risks to inflation have grown in importance. At the same time, risks associated with elevated household imbalances have not materially changed. Weighing these considerations, the Bank judges that the balance of risks remains within the zone articulated in October, 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 this balance of risks.

Inflation in Canada has moved further below the two per cent target, owing largely to significant excess supply in the economy and heightened competition in the retail sector. The path for inflation is now expected to be lower than previously anticipated for most of the projection period. The Bank expects inflation to return to the two per cent target in about two years, as the effects of retail competition dissipate and excess capacity is absorbed. Global growth is expected to strengthen over the next two years, rising from 2.9 per cent in 2013 to 3.4 per cent in 2014 and 3.7 per cent in 2015. The United States will lead this acceleration, aided by diminishing fiscal drag, accommodative monetary policy and stronger household balance sheets. The improving U.S. outlook is affecting global bond, equity, and currency markets. Growth in other regions is evolving largely as projected in the Bank’s October Monetary Policy Report (MPR). Global trade growth plunged after 2011, but is poised to recover as global demand strengthens. In Canada, growth improved in the second half of 2013. However, there have been few signs of the anticipated rebalancing towards exports and business investment. Stronger U.S. demand, as well as the recent depreciation of the Canadian dollar, should help to boost exports and, in turn, business confidence and investment. Meanwhile, recent data has been consistent with the Bank’s expectation of a soft landing in the housing market and a stabilization of household indebtedness relative to income.

Please say you saw it in The Commercial Investor


Volume 14 Issue 01

65

Commercial Real Estate & Business Opportunities

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

905-354-7413

9866060_0514

E

S.

RIC

UN

ROLLING MEADOWS GOLF CLUB 0514_DJW_0045

93 room Motel situated on 1.69 acres Offered on an “AS IS, WHERE IS” basis. Under P.O.S. Minutes to the Falls 2 bdrm. Manager’s apt., in-ground pool & children’s play area OFFERED AT: $2,050,000 Contact: Greg Chew, Sales Representative Greg.chew@dtzbarnicke.com

Montrose & Yokom Rd., Niagara Falls 18 Hole Semi Private Golf Course - Under Power of Sale 130.89 acres w/an additional 121.45 abutting land Banquet facility & Club House/ProShop OFFERED AT: $2,995,000 Contact Mark Stevens, Sales Rep. or Todd Crawford, Broker Mark.stevens@dtzbarnicke.com

1813 Allanport Rd., Thorold

135 Dieppe Rd., St. Catharines

14 Unit, 2 storey walk-up Apartment building 7-2 bdrm, 5-1 bdrm, 2-bachelor Full Basement - Coin Laundry Very Clean - New roof, eaves & downspouts OFFERED AT: $840,000 Contact: Ralph Roselli, Sales Rep.

30,000 sq. ft. Industrial Building Situated on 2 acres Loading Docks & 3 O.H. Doors, 16’ clear New Roof, Ample on site parking OFFERED AT: $995,000 Contact Ralph Roselli, Sales Rep.

Former Dealership Lot & Show Room 4,250 sf free standing building Located on the North Service Rd. with great exposure from the Q.E.W. AVAILABLE - Contact Broker for details Taylor.wilson@dtzbarnicke.com

WASAGA SANDS GOLF CLUB

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10 Club Court, Wasaga Beach, ON Professional Office Building 18-hole golf course - 121.5 acres Downtown Core - 9,150 s.f. 2 storey Club house/Pro Shop/Banquet Hall situated on 66 x 100 lot City Water with grey water sewage disposal system Parking for 14 vehicles OFFERED AT: $1,850,000 Offer at $769,000. 4913_DJW_0040 UNDER P.O.S. Contact: Greg Chew, Sales Rep. Greg.chew@.com Contact Mark Stevens, Sales Rep.

Welland Professional Medical Building 1.1 acres with ample on site parking 16,900 s.f., High traffic location Offered at $598,000 Contact: Greg Chew, Sales Rep. Greg.chew@dtzbarnicke.com

BROKERAGE APPRAISALS MANAGEMENT

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

Niagara Peninsula

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570 King St., Welland

E RIC

0514_DJW_0069

50 Willam Street, St. Catherines

4913_DJW_0038

16 Dufferin St., Fort Erie

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7701 Lundy’s Lane, Niagara Falls

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Garden City Realty Inc

Tony Tripodi Broker

Volume 14 Issue 01

8181576_0514

Commercial Real Estate & Business Opportunities

Brokerage Independently Owned & Operated

905-641-1110 cell: 289-241-6954 tripodi@sympatico.ca

*INDUSTRIAL*COMMERCIAL*INVESTMENT*

STRIP PLAZA

In the centre of Niagara, near St. Catharines, Welland and Throld. 4 units with lots of paved parking. 4th unit being renovated and suitable for medical, dental, physiotherapist, daycare centre, retail. Adjacent to two large subdivisions. Owner could assist with financing. Listed at $950,000. 0514_DJW_0067

ST CATHARINES - LINWELL PLAZA Formerly a call centre. Ideal location for fitness centre, furniture store, etc. Approx 11,000 sq ft with all facilities in place. Asking $10 per sq ft. Tenant’s assistance available. Plenty of parking and exposure. 0514_DJW_0068

NIAGARA FALLS, ON

Restaurant/bar known as “The Niagara”. Turnkey operation. Just walk in and start making money. Included in price is land, building, equipment, and chattels. LLBO licensed for 200 seats, including patio. In the center of revitalized downtown. Terms may be available with good downpayment. Price slashed to $299,900. Don’t lose this opportunity! Call Tony direct at 905 323 7064. Email tripodi@sympatico.ca 0514_DJW_3_0078

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

Niagara Peninsula

Please say you saw it in The Commercial Investor


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Commercial Real Estate & Business Opportunities

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What our clients are saying about us “I have sold 3 properties in the last 2 months as a direct result of my ad in Commercial Investor. I have also acquired qualified new customers who are ready to search for properties right now! I will definitely be including Commercial Investor in my advertising campaign from now on.� Greg Howe Sales Representative

Elite Realty Niagara Brokerage

For information call 1.800.268.0077 Please say you saw it in The Commercial Investor

Niagara Peninsula

Volume 14 Issue 01


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Volume 14 Issue 01

Commercial Real Estate & Business Opportunities

Greg Howe

gamhowe@sympatico.ca

Sales Representative

6150 Valley Way, Niagara Falls ON L2E 1Y3

905-935-6838

Independently Owned & Operated

905-346-2000

Niagara Brokerage

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79 RIDLEY RD. ST. CATHARINES EXCLUSIVE LISTING

218 VINE ST. ST. CATHARINES EXCLUSIVE LISTING

346-348 QUEENSTON RD. HAMILTON EXCLUSIVE LISTING

10% CAP RATE

Consists of 3 buildings in total, 5 apartments. 4-2 br units and 1-1 br unit. Generating Newer 4 bay, 8200 sq. ft. mechanic repair shop. Many possibilities, 20 $4000 monthly gross income. 3 commercial bays almost 4000 sq ft in total. Ideal for ft ceilings and 16 ft doors, parking up to 20 vehicles. Owner willing to a contractor who needs an office and living quarters. The remaining tenants will pay assist with financing. 4913_DJW_0007 the mortgage. Owner willing to assist with financing. 4913_DJW_0008 6383 DRUMMOND RD NIAGARA FALLS $379,000

Queenston Manor retirement home, great return on investment, family owned and licenced, 2 building residences, 10 bedrooms and 4 bedrooms. Must be sold together. Many renovations and upgrades, approved for expansion. 0514_DJW_0059

5077 CENTRE ST NIAGARA FALLS $998,000 EXCLUSIVE LISTING 5345 SLATER AVE & 5302 STAMFORD ST NIAGARA FALLS $699,000 EXCLUSIVE LISTING

3250 sq ft building with basement and parking. Presently used as a Caribbean restaurant/bar/variety store, many permitted uses. Great high traffic corner location on busy street. Roll up doors to patio, owner could consider including all equipment, chattels and fixtures base on full price. 4913_DJW_3_0016

Consists of 135 seating (3,000 sq ft) restaurant with patio and parking lot, 4-2BR apartments upstairs. Located 1 block from Clifton Hill. Many possibilities including convenience /variety store and diner. Owner retiring, in business since 1951. This is a gold mine. 4913_DJW_2_0017

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

Motel/Lodge consisting of 12 refurbished rooms with a main house Managers suite with living quarters, all surrounded by an abundance of flowers and greenery. Great return on Investment. Ideal for family run business. Minutes walk to Falls & Casino’s. I also have 4 more Motels/Hotels in the Heart of Tourist District with up to 52 rooms and $3.4 Million. All exclusive to me. 4913_DJW_2_0026

CAN’T SELL YOUR PROPERTY IN NIAGARA, I HAVE INVESTORS wHO wILL BUY ALMOST ANYTHING IF YOU BUY ONE OF THEIR PROPERTIES OF THE SAME VALUE.

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Sylvana Louras Sales Representative

The Brick Realty Ltd., Brokerage

905.357.9700 Direct: 905.651.3423 NEW RETAIL STRIP PLAZA IN NIAGARA FALLS Zoned T.C. Proposed development with up to 50,000 sq. ft. of retail or office space. Will build to suite with incentives. Ideally located on a busy intersection and will attract both local and tourist clientele.

Niagara Peninsula

0514_DJW_0013

WELLNESS SUITES NIAGARA - A NEW BRAND OF CONDO LIVING Investor packages now available in this exciting new development that incorporates property ownership and health services under one roof. Management fee is included for the first 5 years. 1, 2 Bedroom suites. Anticipated 25% - 30% rate of return. Pre-construction pricing. 0514_DJW_0014

VARIETY STORE Located in downtown Niagara Falls directly across from City Hall and close to the bus and train terminals. Recently renovated and is bright and cheery. Owners are relocating. Business and Chattels.

$19,900

sylvana-louras@coldwellbanker.ca Please say you saw it in The Commercial Investor

0514_DJW_0015


Volume 14 Issue 01

Commercial Real Estate & Business Opportunities

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

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Commercial Real Estate & Business Opportunities

Volume 14 Issue 01

Frequently Asked questions - PrivAte lending 1. What types of mortgage investing are there at Pro Funds? At Pro Funds Mortgages, we offer two different types of mortgage investment offerings.

i. Individual Lending is an investment opportunity where a single investor is looking for a 1st or 2nd mortgage. These mortgages are usually for residential or investment properties, duplexes, triplexes, or condominiums that are typically purchased as investment properties. The size of the mortgage amount requested is usually $25,000.00 and higher. This type of mortgage will not typically be administered (see below for definition). ii. Project Lending differs as these offerings are usually catered to investment, construction and development projects that are syndicated mortgages. The size of the mortgage amount requested by the borrower is usually in excess of $500,000.00. These investments typically yield a higher return, but are project specific, and will be administered.

2. What is mortgage administration?

Administration is when a FSCO (Financial Services Commission of Ontario) approved company will register the mortgage in trust for the lender, or registered funds, and handles the receipt of all payments. Payments are sent to the lender by the administrator through an automatic deposit to the bank account of choice. Mortgage administration is mainly used for syndicated mortgages, however, if you as a lender would like an Individual mortgage administered, there will be an associated fee. The mortgage administrator for Pro Funds is Valour Mortgage Services Inc. in Trust.

3. What is a syndicated mortgage?

A syndicated mortgage is a mortgage investment made by two or more individuals. Syndicated mortgages are used in investment and development projects. Due to the size of the mortgage amount requested, multiple investors pooling funds together is a much more efficient way to facilitate and fund. Each investor is registered on a charge through an administrator trust in proportion to their committed investment amount.

4. What are the benefits of a syndicated mortgage?

Syndicated mortgages are great if you are looking to diversify your portfolio as you can spread your funds over several projects to mitigate any potential risk. You will also be in a position to invest in the larger higher yielding projects and have a more passive type of investment based on the fact that syndicated mortgages are administered. Lenders are able to choose what investment amount they are comfortable with of the total mortgage being registered. Lenders are also eligible to invest with registered funds such as TSFA, RRSP, RESP, etc. Although some projects may have minimum investments, a benefit of syndicated mortgages is that you as a lender are able to use combination of cash and registered plans to fund one investment.

5. What is the minimum investment for mortgage investing?

Although there is no set minimum investment, the type of mortgage will determine how much we will be looking for. For individual lending, typical minimum investments start around $25,000.00; however there are cases where a lower investment will be acceptable. Cash as well as registered funds are eligible. For Project Lending, the typical minimum investment is $50,000.00 given that these mortgage requests are much larger in scope and the returns are a higher yield. There are also cases however, where we would accept lower investments. Please speak with us if you have inquiries regarding a specific project.

6. What are the typical ROI’s?

Anticipated returns for individual lending typically range from 7-14% annually, depending on if it is a first or second mortgage. Returns for project lending typically range from 10-16% annually.

7. How do I get started?

If you would like to get involved in mortgage lending then your first order of business is to establish how much you are comfortable using towards this type of investment vehicle. It is imperative to make sure the funds are liquid in either cash or your registered funds. If you commit to a mortgage, the individual or company borrowing these funds are relying on these funds for a specific closing date. It is also very important to make sure you are not using your life savings for these investments. You can contact Pro Funds Mortgages, and one of our investor relations specialists would be happy to meet with you or have a telephone discussion with you on specific inquiries. Once you have established an acceptable range you would be comfortable investing, you can contact Pro Funds for current opportunities or sign up to our Private Network. Through this network, contacts are sent exclusive e-mails on our latest investment offerings.

8. How does the rest of the Investment Process Work?

When you find an investment offering you are interested in, you can request further details and specifics on this investment. To proceed, you will then notify a member of the Pro Funds team of your commitment, and the paper work will be drafted. You the lender will receive the paper work and will need to sign the documents and provide identification. The documents will then be sent to the legal team representing you the lender and this specific mortgage. The lawyer will proceed with the closing. Please note that we do make our best efforts to close on the dates specified, however, the dates can be delayed based on the lawyers due diligence and timing. Also consider that if you decide to use registered funds, it will usually take an additional 2-3 weeks longer for the plan to release the funds as opposed to a cash investment. Once the funds are received and the mortgage is closed you will receive either postdated cheques on closing from the borrower, or if you are involved in a syndicated mortgage, the administrator will arrange for a pre authorized deposit to go into the bank account of your choice for your monthly payments.

9. Who pays the legal fees? Business Investor

The borrower will pay for the legal fees to close the mortgage; if this is an individual mortgage the lawyer will be of your choice, however, their fees must be reasonable. If this is a syndicated/project mortgage, one lawyer will be chosen to represent the entire group of lenders. All fees with respect to the closing of the mortgage are the cost of the borrower. When the mortgage is discharged and paid back, the borrower will pay the discharge fee as well. If you are seeking a legal opinion on a mortgage investment, this is not the cost of the borrower. 9649286_0514

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Commercial Real Estate & Business Opportunities

10. Due diligence

Pro Funds will make our very best efforts to deliver all information provided by the borrower to the potential lenders. The protocol for an individual mortgage versus a project mortgage will differ. For an individual mortgage, the request is reviewed by a Pro Funds Mortgages originator. This entails an assessment of credit applications, confirmation of income (if available), and property details (appraisals, income and expenses, leases, insurance, taxes, photos, etc.). This information will be provided to the interested parties for review. If further information is requested by a lender, Pro Funds will make an effort to arrange for all the details requested. Pro Funds will be diligent in assessing each request, but ultimately you are the lender and you will need to make sure you are 100% comfortable with the mortgage investment before proceeding. The due diligence for syndicated project mortgages is based on the specific project and its viability, rather than personal credit and income. These mortgages are analyzed by very seasoned third party experts, appraisers, environmentalists, engineers, planners, developers, builders and lawyers. Pro Funds Mortgages has aligned ourselves with Valour Capital Group,a development company that offers administration services and Mortgage Investment Offerings (MIO’s).A MIO is one comprehensive package on a specific investment offering that consists of all of the third party reports and mortgage details. Once again, you are the lender and you must be 100% comfortable with the mortgage investment before proceeding.

11. How are my payments calculated?

Numbers are based on typical going rates and are subject to change. These are Annual Percentage Rates (APR). Individual Mortgage Example: Mortgage investment=$50,000.00 Agreed interest rate of 12% interest only paid monthly for a 1 year term. $50, 0000.00 X 12%= $6000.00 $6000.00/12 months= $500.00 per month interest only payments. At the end of the term the full principal of $50,000.00 is still owed. Typically a lender fee of 2% is due by the borrower to the lender on closing on these mortgages. $50,000.00 X 2%= $1,000.00 (fee paid to the lender) + 6,000.00 (total interest payments) = $7,000.00 Total Return (14% over 1 year) + payback of original principal ($50,000.00)

Project Mortgage Example:

Mortgage investment= $50,000.00. Interest rate of 8% interest paid only monthly for a 24 month term. Total return is 16% annually $50,000.00 X 8%= $4000.00 $4000.00/12 months= $333.33 per month interest only payments. These mortgages do have a lender fee bonus paid at the end of the term. With a lender fee of 8%, when your mortgage is discharged (paid back) after the 2 year term, you will receive your principal and lender bonus. 8% lender fee X 2 years= 16% lender fee at the end of the term $50,000.00 X 16%= $8,000.00 + $4,000.00 (annual interest payments) X 2years= $8,000.00 =$16,000.00 Total Return (32% over 2 years) + payback of original principal ($50,000.00)

12. What are the risks?

Mortgage investments are not guaranteed by the government. There are no 100% guarantees that you will not lose your investment. The mortgage (your money) however, is registered on the property being pledged as security. This means that you have a registered charge on the real estate. The borrower cannot do anything with the asset without consent from the mortgagee. You are not lending to a company that is issuing shares, and you do not own the property, your funds are a mortgage investment that are secured on the real estate. This is beneficial because success of the borrower is NOT contigent on the success of your investment. If there is failure and the borrower goes bankrupt, you have the real estate to sell to realize on your investment. This is considered much more secure than lending to an Exempt Market Dealer (EMD).Finally, when you invest in mortgages it is very important to understand the value of the real estate and what your loan to value really is. This is your security. Location and property type is a very important factor.

13. Registered Funds

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Please say you saw it in The Commercial Investor

Business Investor

If you have RRSP’S TFSA’S, or RESP’S and would like to use them in mortgage lending, you will have to have them in a trust company plan in order to commit to a mortgage investment. The process of transferring these funds may take 2-6 weeks. Pro Funds Mortgages has a relationship with Olympia Trust. They are one of the few left in the industry that will lend to mortgages. Pro Funds would be happy to provide contact information to Olympia Trust.


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Volume 14 Issue 01

Commercial Real Estate & Business Opportunities

DOORS SALES AND INSTALLATION

WOmAN’S/mEN’S AppAREL RETAILER

The Company sells and installs overhead doors, installing doors for new construction condominium and high-rise rental apartments and distributing equipment and parts. Operating over 30 years - revenues are in the $5.5 M range and earnings in the $400 K 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 earings in the $600K range.

r de un ffer o BUILDING

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SUppLIES DISTRIBUTOR

Located 4 hours east of Toronto. Company is a wholesale distributor of building materials to independent dealers and purchasing groups. In business over 60 years with its own fleet of trucks the business generates revenues over $14 million and earnings over $950,000.

The Company is engaged in heavy industrial and tool fabrication. Operating over 20 years in the GTA and with 25 highly trained employees, the Company generates revenues of $6 million with earnings in the $2 million range.

W ITY NE TUN R mANUFAcTURER PO

INjEcTION mOLD cOmpANY

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

OP

mETAL REcYcLING

The Company produces both instore display programs for Consumer Packaged Goods companies along with custom product lines for Quick Service Restaurant companies. Located in the GTA the revenues area in the $5 million range and earnings in the $500K range.

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pROvIDER OF pBS AND TpA SERvIcES

Company has been operating for 30 years and its software is used by banks, insurance companies, governments, and larger individual pension plan sponsors to administer defined benefit and contribution pension plans. Revenues $2.3 MM range Earnings $750 K range.

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

W ITY NE TUN R O PP

HOmE cAREGIvER

Business Investor

Non-medical, in-home care company providing a wide range of services, meal preparation, housekeeping, errand services, grocery shopping, companshionship, 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.

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.

mANUFAcTURER OF DISpLAY pRODUcTS

Business has been operating over 30 years, dealing in ferrous and nonferrous metals - with 14 employees business generates revenues in the $10 million range with earnings in the $1.5 million range.

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cNc mILLING AND TOOL FABRIcATION

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EQUIpmENT & DIES mFG.

Operating since 1993 and located one hour outside the GTA - the Company specializes in the design and manufacturing of stamping dies and special purpose equipment. Revenues are in the $7 million range and earnings in the $2 million range.

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

8157086_0514


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Mazhar Roshan Sales Representative

905.929.9800 905.318.3800 647.609.9463

Direct 24 Hr. Pager

BROKERAGE

GTA Direct

mazharroshan@sympatico.ca FOR LEASE BRANTFORD

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.

4913_DJW_1_0019

4913_DJW_1_0018

4913_DJW_1_6668

BUSINESS FOR SALE

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.

MONEY MAKING FRANCHISE BUSINESS Net income over $150,000 per year. Better than a convenience or grocery store. Reasonable rent and long lease. For details call Mazhar Roshan. (Principals only please) BUSINESS FOR SALE BURLINGTON $89,900

WANTED GAS STATION

4913_DJW_1_0003

I have qualified buyers. Will purchase with or without property

PLAZAS WANTED

I have qualified buyers. Up to 5 mil.

WANTED 2-3 BAY AUTO GARAGE I have qualified buyers. Will buy with property. LAND FOR SALE 4913_DJW_2_0064

4913_DJW_2_0066

GREAT BURLINGTON LOCATION - $114,900

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

9 lots sold only 3 left

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 HAMILTON $229,900

Very busy and desirable location on Hamilton Mountain. Money making, long established sandwich and sub shop doing over 5000 per week in sales, owners absentees operation, good for family operation or hands on entrepreneur, reasonable rent and long lease, please do not go direct, call LBO.

RETAIL STONEY CREEK MOUNTAIN 4913_DJW_1_0002

4913_DJW_1_0034

HAMILTON MOUNTAIN

Long established convenience store, totally upgraded, doing over 15K per week + Lotto, no competition near by, good opportunity, call LBO for more information.

4913_DJW_2_0024

price reduced

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.

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

The Commercial Mortgage Some things to consider

I

f you are reading this article you may just be considering acquiring a commercial property, i.e., a commercial or industrial condo, an office building, a manufacturing/ warehouse facility, apartment building, strip mall etc., and this generally involves the negotiation of a commercial mortgage. While most of you may have had experience with residential mortgages, commercial mortgages come with their own set of rules and headaches. This article explores a few of the considerations inherent in the procurement of commercial mortgage financing.

By Jayson Schwarz and Konstantine Chatzidimos

Case by Case Basis The principal challenge in securing a commercial mortgage is meeting the requirements of the commercial lender at a given point in time. Commercial mortgage applications are typically more involved than residential ones and are open to considerable subjective analysis on the part of lenders. This is because the assessed value of the underlying security, i.e., the real estate, is driven mainly by market forces occurring where the property is situated. Hence, location, timing of the current economic cycle, use, rental income and expenses or owner occupancy are key factors considered by lending institutions before advancing a loan. Loan to Value Ratio As you can guess, commercial investment properties are viewed conservatively by lenders and require significantly more equity than may be required in the residential scenario. Loan to value (“LTV�) is the percentage calculation of the loan amount divided by the purchase price. If you know the LTV requirements of a particular lender, you can calculate the loan amount by multiplying the purchase price by the LTV percentage. Note, however, that the purchase price must be buttressed by an independent property appraisal. If the appraisal shows a value less than the purchase price, lenders will typically use the lower number in determining the loan value.

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1 877-272-2952 | development@obsidiangroupinc.com

GREAT FRANCHISE OPPORTUNITIES In Western New York:

Batavia, NY, Court St. o Cheektowaga, NY, Walden Galleria o Williamsville, NY, Main St. o Buffalo, NY, Fountain Plaza o Tonawanda, NY, Sheridan Dr. 8302229_0514

o

CHARACTER POST AND BEAM BUILDING $499,000

LANDMARK PROPERTY $469,000

LOT SIZE: 42.0’ X Irregular. PROPERTY TAXES: $3,709 (est. 2013) ZONING: CG. Character property in the heart of Haldimand County. Incredible three storey brick building with post and beam construction. Circa 1800’s, plenty of pontential uses. Currently built out as Chiropractic Clinic on ground floor. Upper 2 flrs former apt. units. Approximately 3,000 sq ft residential space on 2nd and 3rd floors and 1,500 sq ft ground floor office/retail space. Sq ft approx - Buyer to verify. 0514_DJW_0081

14,300 square feet (inc. basement mezz.) LOT SIZE: 52.75’ X 176’ Irregular. PROPERTY TAXES: $9,073 (est. 2013). This post and beam construction building features approx. 15 ft of exposed flagstone foundation in basement. Upper floor is mainly open concept with many windows and ready to be renovated by the right creative user. Buyer to verify square footage, zoning and conduct environmental due diligence.

0514_DJW_0082 0514_DJW_0085

WELL EQUIPPED THEATRE/EVENTS CENTRE IN DOWNTOWN CORE $1,990,000

HIGH EXPOSURE, EXCELLENT ACCESS RETAIL LOCATION

SPACE AVAILABLE: 13,000 sq ft. LOT SIZE: 63.54’ X 137.25’ PROPERTY TAXES: $35,298 (Est. 2013). ZONING: D2. The Lincoln Alexander Center. Incredible opportunity in the burgeoning core of downtown Hamilton to own a flagship location. Potential for an events/convention centre, theatre, restaurant or all of the above. Currently has a large event room on 1st floor, cocktail lounge on 2nd and a large 0514_DJW_0083 theatre on 3rd.

0514_DJW_0086

Robert Miles, SALES REPRESENTATIVE EXT. 200

905-527-1144

robertmiles@wbmgnt.com

Base Rent; $18.50 per S.F. Additional Rent: $7.00 per S.F. Space Available: 6,559 S.F. Zoning: HH. Prime exposure to high traffic along this power retail corridor with quick access to the expressway. Excellent frontage and sign exposure. Ground floor unit ideal for most retail uses. Former restaurant. Immediate possession. Abundant parking. 0514_DJW_0084

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Evan Apostol, SALES REPRESENTATIVE EXT. 300

apostol@bbsrealty.com 13G COM


legallyspeaking Continued from Page 12

Homework before Approaching a Lender Approaching a commercial lender is not simply a matter of just showing up. There is a long list of things you should know and have prepared prior to making a commercial mortgage application; they include: (i) an appreciation of the typically lengthy commercial mortgage application process; (ii) an understanding of cash flow generated by the property relative to debt servicing the mortgage; (iii) ensuring appropriate ‘conditions’ are set in the Agreement of Purchase and Sale; (iv) the documents the lender will require so it can intelligently assess the risk involved; (v) the third party reports that will be required as well as the approximate costs and time required to complete them; (vi) a knowledge of the financial criteria the lender will use to assess the application; and, (vii) an understanding that the lender may request collateral security in addition to the property; (viii) A survey and all pertinent zoning information. The above list is by no means exhaustive. As such, it is prudent to meet with a lawyer experienced in the area of commercial real estate acquisitions at the beginning of the process in order to make sure you are covered going into the deal. Timelines Given the higher degree of lender risk inherent in commercial financings, lenders typically require anywhere from 30 to 90 days to carry out their due diligence on commercial mortgage applications. It typically takes this long as procuring various necessary documentation, i.e., Environmental Assessments, Property Appraisal(s), Financial Statements, Operating Statement etc., takes time. Given this, purchasers must ensure that the financing condition in the Agreement of Purchase and Sale affords sufficient time for said diligence to be carried out.

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The principal challenge in securing a commercial mortgage is meeting the requirements of the commercial lender at a given point in time. Commercial mortgage applications are typically more involved than residential ones and are open to considerable subjective analysis on the part of lenders.

Collateral Security Prospective purchasers should also be aware of the possibility that other collateral security may be requested by the lender to secure the commercial mortgage. In many cases a personal guarantee will be required. The quantum of the guarantee will depend on lender’s assessment of the overall risk of the transaction. Purchaser guarantees of 50 per cent of the mortgage amount in such deals are common. In addition, lenders typically require property insurance be in place for a sum covering the full quantum of the mortgage. Conclusion Commercial mortgages are more complex financing vehicles than the residential variety to which most people are accustomed. There are numerous elements to be aware of and a considerable number of things to come up to speed on when considering the purchase and financing of a commercial property. This article only scratches the surface and it is recommended that you consult directly with a commercial lender or lawyer experienced in the trials of commercial real estate should you be in the market to purchaser a commercial property. Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the web site (www.schwarzlaw.ca), email (kchatz@schwarzlaw.ca), or phone us at 888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.

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


Link Realty Inc.

Brokerage

905.348.9000

linkrealtyniagara@hotmail.com

Evermore Holdingz Inc. 905.835.3450 • 1.866.332.3362 peterjbrenner@sympatico.ca

Tony HABJAN Broker of Record

905.348.9000 email: linkrealty@hotmail.com

NOTE: 4% SELLING COMMISSION, PLEASE ADVERTISE AND SELL 315 SILVERTHORN CR, WELLAND

Virtual Lake front on the Lake/Canal in the Historic Sugarloaf District of Port Colborne. Approved for 48 condo units at 14 storeys, this sure to be award winning design will “sell out” with the discriminating buyer. Whether a senior who wants to down size not down grade to the young professional who appreciates the maintenance free Condo Lifestyle. Roof top amenities are designed to be enjoyed by the entire building; the single best view of Lake Erie and the entire Peninsula. Top two floors are 2 storey Penthouses. The Signature building can not be replicated as this is an Exclusive one of a kind location. Seller will consider an Outright Sale, A Joint Venture or may decide to Market and Build. Builder terms may be available to the right Builder/Developer. The Canal Days Trail runs directly along and in front of thhis jewel. Built it! “They Are Already Here!”

This Is The Place To Be. Almost 1Km Of Highway 140 Frontage Comes With This 3.29 (+-) Acre Site, Must Be Sold With MLS# N30023226.. Current Zoning Is RA But This Land Has Been Designated Gateway Light Industrial, Which Allows Many Highway Commercial Uses, There Are Some NPCA Restrictions, Seller Has Extensive File On This Valuable Key Piece Of The Niagara Peninsula. This Is The Only Viable Route For The 406 Extension. This Was One Of Two Chosen Locations For The New South Niagara Hospital.

$2,696,900

283 NETHERBY RD, WELLAND

RD

649 RUSHOLME RD, WELLAND

Attention International Investors. 92 {+-} Acres I2 Heavy Industrial Vacant Land To Be Sold With 649 Rusholme & 671 Rusholme For A Total Landmass Of 92 { +-} + 2 {+-} + 6 {+-} Totalling 100 { +-} AcresThis Unique One Of A Kind Property In The Heart Of the Niagara Region Features Almost 1 Kilometre Of Canal Frontage On The New Welland Canal, Its Own Road { Netherby } , And Its Own Rail Line Spur Making Shipping & Other Intermodal Transportation Easily Accessible. It Is Zoned I 2 Heavy Industrial, It Is Within The Urban Boundary, And Has All Municipal Services Available. It Should Be Of Particular Interest To Manufacturers & Shippers Of Solar And Wind Turbine Technology Due To The International Access The Canal Affords This Amazing Property. Complete With A Clean Phase 1 & Phase 2 Environmental Assessment Reports And Digital Survey Is Also Available.

Looking To Start A Business, There Are Many Uses This I2 Zoning Allows. 1-2 BR, 2 Bath Bungalow On The Outskirts Of Welland. LRG 1.98 Acre Lot. Vinyl Flring In Updated Kit. Updated 100AMP Service, Updated Plumbing And Newer Windows . Ceramics In BSMT. Possibilities are Endless. Auto Recycling And Salvage Yards Are Legally Allowed With This Zoning. This Property Must Be Sold With MLS#N30023099 & MLS#N30023206

4913_DJW_1_0125

4913_DJW_1_0122

4913_DJW_1_0123

$9,169,900

$669,900

1.28 acres wooded lot in Fonthill with ravine & stream, backing onto trail, build your dream home & watch colours change in the fall, deer in the winter & wildflowers in the summer land zoned for residential development to be purchased with 195 Hwy #20 seller has an extensive file on these two locations and will work with buyer to satisfy their needs regarding building permits etc. There are some conservation authority concerns which will have to be addressed and seller wil work with buyer during due diligence period. Excellent potential on a very highly visable great exposure corner with big things happening in the area, please see plan, town of Pelham Plan for Southwest corner of Rice and Hwy #20.

4913_DJW_1_0130

1690 RICE RD, FONTHILL

1.16 acre lot on North/ west corner of Hwy #20 and Rice Rd. Land zoned Commercial to be purchased with 1690 Rice Rd seller has an extensive file on these two locations and will work with buyer to satisfy their needs regarding building permits etc. There are some conservation authority concerns which will have to be addressed and seller will work with buyer during due diligence period. Excellent potential on a very highly visable great exposure corner with big things happening in the area, please see plan, town of Pelham Plan for Southwest corner of Rice and Hwy #20.

4913_DJW_1_0131

195 #20 HY, FONTHILL

$469,969

HWY 140

NETHERBY RD, WELLAND

$369,696

671 RUSHOLME RD, WELLAND

5.9 Acres; Heavy Industrical Land. Services on Street. Auto Recycling and Salvage yards are legally allowed with this zoning. This property must be sold with MLS #N30023099 & MLS #N30023198.

4913_DJW_1_0124

Prime development lot in S. Welland near Lincoln Ave., Hospital; Formerly C-3 commercial; Now R (most C-3 uses permitted); Located at S/W corner King & Albert; Property is flat & at grade level; Proposed hi-rise residential abuts property; Ideal for convenience - car wash, laundromat operation, vet clinic, retails store & offices.

This Is The Place To Be. Almost 1Km Of Highway 140 Frontage Comes With This 62(+-) Acre Site, Must Be Sold With MLS#N30023223. Current Zoning Is RA But This Land Has Been Designated Gateway - Light Industrial, Which Allows Many High way Commercial Uses, There Are Some NPCA Restrictions, Seller Has Extensive File On This Valuable Key Piece Of The Niagara Peninsula. This Is The Only Viable Route For The 406 Extension. This Was One Of Two Chosen Locations For The New South Niagara Hospital. SILVERTHORNE CR.

.

$469,960

PTL 16 SILVERTHORN CR, WELLAND

HWY 140

W

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BY

$369,900.

$6,969,690

4913_DJW_1_0129

ER

297 KING ST, WELLAND 4913_DJW_1_0132

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NE

14

4913_DJW_1_0127

3.02 Acre Lot Located on High Traffic Highway With Frontage On Three Roads. Intersection Is Getting A Turning Circle As Per Picture Attached With Regard To The Regional Municipality Of Niagara Plans To Twin Netherby Rd East To The QEW At Black Creek. Auto Recycling And Salvage Yards Are Legally Allowed With This Zoning. This Property Must Be Sold With MLS#N30023985.

SILVERTHORNE CR.

$369,900

359 KING ST, WELLAND 4913_DJW_1_0128

$769,690

4913_DJW_1_0134

KING ST, PORT COLBORNE

This Amazing 7.63 Acre Property Has Been Designated As Gateway And Has Many Bonuses Attached To Said Designation It is Currently Zoned I2 Heavy Industrial Which Allows Many Many Uses. Corner Property, Highway 140 / Townline / Netherby Rd. This Corner Is Getting A Turnaround In The Immediate Future At 140 & Netherby Road, Please See Photo Plan Attached, To Allow For The Expansion Of Netherby Road To 4 Lanes To The QEW, Former Pelino Mataya Molnar / Welland Auto Marine. Great Shop Allowing Multiple Industrial Uses. Fenced Compound Area, 3 Bay Doors, Upstairs Office, Main Office Plus Waiting Room. 2 Washrooms, Radiant Gas Heating, Updated Hydro Service With Security Alarm System. Auto Recycling And Salvage Yards Are Legally Allowed With This Zoning.”MLS # N30023229” Is A 3.2 Acre Piece Of Land With Frontage On 3 Roads, HWY 140, Netherby Rd And Reaker Rd And Is Located Directly South Of This Property And Can Be Purchased Together Or Separately.

4913_DJW_1_0121

711 REAKER ROAD WELLAND

$369,969

$999,896 Prime development lot in S. Welland near Lincoln Ave., Hospital; Formerly C-3 commercial; Now RZ (most C-3 uses permitted); Property is flat & at grade level; Proposed hi-rise residential abuts property; Seller has conditioned approval for 108 unit condominium unit at 13 storeys.

11279781_0514

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16G

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Commercial Properties Business Opportunities CommerCial ProPerties Franchise Openings & more! Business oPPortunities FranChise oPenings & more! $5.00/sf (Net), Renewable at $5.50/sf (Net) on 5-Year Terms; $1.95/sf TMI (Estimated) M

PERSON 40 Holtby Ave, A GOOD INVESTMENT FOR THE RIGHT 410 Close Proximity to WITH 410, 407, 401 THE RIGHT BUSINESS Brampton Individually Metered Hydro and Gas 7

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People constantly and admire Wide-open Bays stop in Industrial Sections this commercial building in the heart of Owen Sound. Ideally located, in high traffic area, close to municipal parking and within walking distance of the river. Very well maintained with 7 treatment rooms, reception Radiant Heating in Warehouse area, Entire waiting roomUpgraded and much more. Ideal set up for professional offices, alternative Building therapies your business. Meets code. Expose your business 407 in Owen Sound to MLS # or W2679382 (Area 30,080 sf - 26’fire Clear) MLSaccess, # W2671167 (Area and 15,583 sf - 30’ Clear) success, quality location. Competitively priced $265,000. M

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$265,000

9865505_3713

11232567_0514

INVESTMENT OPPORTUNITY IN SW ONTARIO

$595,000

Royal LePage 519.369.2128 Your Community Realty,

COMMERCIAL BUILDING $1,095,000 IN HANOVER

$3,950,000

11255951_3713 Brokerage

Independently Owned and Operated

Glen G. Reay ALES REPRESENTATIVE Paul SManion

0514_DJW_0005

Sales Representative CELL: 519.369.4113

Neighbourhood Plaza 27,000 SF

2 1/2 yr old building in Hanover industrial park. This building is approx. 7100 sq. ft. with main floor foyer, showroom, boardroom, offices, storage & workshop. Lower level has overhead doors, storage & utility. Natural gas heat, 200 amp, 600 volt hydro 3 phase, step down 0514_DJW_0006 transformer. #12-102. Ask for Glen

2 Storey Office/Residential. Original owners. glen.reay@mcintee.ca • www.glenreay.ca • www.mcintee.ca

9 0 5 .7 3 1. 2 0 0 0

3713_DJW_1_0048

CORPORATE & EVENT EQUIPMENT RENTALS, TURNKEY EXCLUSIVE BUSINESS FOR SALE $699,900 $1,775,000 Brokerage Independently Owned & Operated

Eugene Stephen John Procenko Dignum Dignum Broker Sales Representative

Broker

john@procenko.com

Designated for

BE YOUR OWN BOSS & MAKE Office MONEY! centre gateway to all inventory, stock & fixtures available for start up. The business is a turnkey operation with This Computer system & software Brampton. to track inventory, clients & past business. Strong growth is a special policy potential. Includes the purchase of an industrial unit of over 4700 square feet. Potential to area with possible run as a family business. Excellent opportunity and lifestyle change for the right individual. related retail and Well established party rental company in a growing community in the GTA. The commerciallocated uses business provides special event equipment accessory to officeand tent rentals to golf courses, weddings, corporations, trade shows, anddevelopment. social events. TODAY FOR MORE DETAILS Last CALLRare 2 acre parcel. Corner property on Hwy 10.

3713_DJW_5000 0514_DJW_1_0080

Exit Realty Hare (Peel)

3713_DJW_5001

11278694_3713 11277268_0514

519.376.6500

Email: adele.kirby@rogers.com

Town of Durham - Junction of Hwys #6 & #4 55 miles N of Guelph, 50 miles NW of Orangeville, 65 miles NE of Kitchener

Wilfred McIntee & Co. Ltd., Brokerage 105 Garafraxa St. N. Durham, ON N0G 1R0

Email:

St

iss

Call Victor Boutin at 416.258.8830

AdeleViKirby Kirby c to r @ B Real o u t i n M aEstate n a g e m e n t. C oAdele m

3713_DJW_0093

401

IN DU S S FO PAC TRIA R L ES L EA SE

M

MLS # W2679423 (Area 15,292 sf - 30’ Clear) MLS # W2679437 (Area 18,797 sf - 27’ Clear)

remaining parcel

Minutes north of Brampton. Town water and gas.

Just Build your dream home or explore other possibilities. 905.471.2121 in this corner. Aris Diamandas reduced significantly. Great opportunity for development. Commercial property on adjacent corner. Sales Representative 1.800.362.0893

4913_DJW_1_4000

1.866.297.3948 I

www.procenko.com

www.eugenedignum.com aris@procenko.com Leading Edge Realty Inc. Brokerage

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.

Reserve your space today! 416-784-5060. the THE CommerCial COMMERCIAL inVestor: INVESTOR: sPotlight SPOTLIGHT 18G COM

CommerCial Commercial ProPerties Properties •• Business Business oPPortunities Opportunities •• FranChise Franchise oPenings Openings && more! more! 17G COM


Mortgage Investment $100,000

Investment Example Principal: $100,000 8% Interest Paid Monthly

Year 1

Year 2

Year 3

Total

$8,000

$8,000

$8,000

$24,000

$24,000 $24,000

8% Lenders Fee Total Interest & Lender Fee

$8,000

$8,000

$32,000 $48,000

Total Return

$48,000

Annual Return (%)

16%

Total Return over 3-year Term

48%

Take advantage of this wonderful opportunity for an adult lifestyle development on the shores of Lake Huron! 11278058_0514

· 33 Acres of Prime Land by Lake Huron

· $2,000,000 Total Capital Offering

· 127 Beautiful Homes Planned

· $50,000 Minimum Investment

· Close to over a dozen Golf Courses

· 16% Annual Return for 3 Year Term*

· Access to Public Beaches & Shoreline

· 8% Annual Interest Paid Monthly

· Highly Respected & Successful Developers

· Lender Bonus of 8% Per Year (Paid End of Term)

· Inspired Seaside Housing Designs

· RRSP Eligible

Mortgages #12051

1.888.330.3866 • www.profunds.ca

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

DISCLOSURE: This is not an offer to sell securities. Licensed mortgage agents/brokers and independent legal advice is 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). * Bonus calculated to achieve 16% annual return. Market conditions may vary.

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#

Commercial Team In Canada! *

#

Commercial Team In Canada! * COMMERCIAL www.PBcommercialteam.com

DREAM! UXBRIDGE LAND BUILDERS DREAM! BUILDERS DEVELOPMENT SITE - $4,888,000 DEVELOPMENT SITE - $4,888,000

LEASE - MAIN ST. MEDICAL SPACE

• Turn-key development opportunity • Currently used as bowling ally with VE SI approx 200k in cash flow Turn-key development • Zoned for mixed-use development w/ U CL than site density 3.39 times greater • No competition! Only new-building 37,867 SF X E in area • w/37,867 Sqtimes Ft site area Mixed-use development density 3.39 • Excellent transit COMMERCIAL options: Don Vally, • Approved plan for 142 residential units 142 Approved residential units & 6,124 SF of retail Eglinton, Victoria Park, O’Connor. • Approved plan for 6,124 Sq Ft of ground www.PBcommercialteam.com Approx 48 beautiful acres!!! Prime Established professional medical level retail • Excellent transportation options: close to DVP, road exposure just minutes from building w/ long-term medical service providers ie: pharmacy, radiology lab+++ Eglinton, Victoria Park Ave.++ Prime Main subway stop! $8,00 / sq.ft. DEVELOPMENT SITE $4,888,000 buildings on property. Tons of poEXCLUSIVE - $8,800,000 - PRINCIPALS SeveralONLY months free rent. tential! $1,434,800 • Turn-key development opportunity • Currently bowling ally with Call used Georgeas Politis for details 416-554-7653 • Retail plaza w/major bank as • Tons of parking flow • Zoned for mixed-use development w/ LEASE - DUNDAS WESTapprox 200k in cash RESTAURANT anchor tenant RETAIL density 3.39 times greater than siteEND UNIT • •NoPrime competition! Only new-building EastSTEELES/KEELE Toronto location EXCLUSIVE - $8,800,000 area 37,867 18,000 Sq Ft Sq Ft in 2 bldgs • Over •inDevelopment potential • Retail Plaza with Majorplan Bank • Excellent transit options: Don Vally, • 9 Approved • total units for 142 residential units as Anchor Tenant! Eglinton, Victoria Park, O’Connor. • Approved plan for 6,124 Sq Ft of ground • Prime East Location, • Toronto Over 1.5 acres level retail Major Intersection!

• • • • •

BUILDERS TORONTO EASTDREAM! RETAIL PLAZA

TORONTO EAST RETAIL PLAZA

ATTENTION MEDICAL KINGSTON RD • EXCELLENT Over 1,800 SqMARKHAM Ft! INVESTMENT SERVICE PROVIDERS! RETAIL SPACE Two Buildings! EXCLUSIVE - $8,800,000 - PRINCIPALS ONLY • Over 1.5 Acres in Prime Area! Approx 1033 Sq Ft retail end unit front- Own your own restaurant! Established over years! Turnkey operation, 65 seats, LLBO ing on busy Dundas Amazing • Retail plaza w/major bank as St West! • Tons20of parking • Development Potential! location! Adjacent to national & regional license, and all chattels. Great location with anchor tenant tenants! Updated plaza with ample • parkPrime East Toronto location • Parking for Over 60 Cars! ing & easy access. Call George for details days/ wk, 7:00 am-7:00 pm. $150,000+ in sales! • Over 18,000 Sq Ft in 2 bldgs $79,900 + Stock, Call Peter 416-606-7882 • 9 Total Units! • Development potential 416-554-7653 $25/Sq Ft Net

EX

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TORONTO EAST RETAIL PLAZA

EX

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UXBRIDGE LAND

Approx 48 beautiful acres!!! Prime EXCELLENT road exposure justMARKHAM minutes from INVESTMENT Main St. Stouffville. Includes all buildings on property. Tons of poE tential! $1,434,800 IV

1 acre+ of PRIME Markham land! • - DANFORTH 9 total LEASE 16th Ave/Markham Rd. units Potential MEDICAL redevelopment site!!SPACE Ravine prop• Over 1.5 acres erty! Industrial & townhomes area! $488,000 EXCELLENT MARKHAM

S UXBRIDGE LAND U

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INVESTMENT

Your opportunity is here! Share rent, LEASE - KINGSTON RD REutilities & 1,100 Sq Ft w/professional TAIL SPACE dental hygienist. Prime Danforth location! $850/mo + utilities Call George 416-554-7653” ATTENTION MEDICAL

SERVICE PROVIDERS!

1,750 Sq Ft of PRIME Kingston Rd retail space w/ excellent KingstonPLAZA Rd exposure! Includes 1,750 MISSISSAUGA Sq Ft basement! Major Warden/Kingston Rd intersection! Excellent terms & 6 months FREE rent! $10.85/ Sq Ft - Call George 416-554-7653

KINGSTON ST !RD RETAIL JU SPACE D

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OVER 11 MILLION

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L SO EX www.PBcommercialteam.com | Team@PBTeam.com ofL3R PRIME 1 acre+ of PRIME Markham land! - 1,750 Sq Ft 5071 Highway 7 E., Markham ON 1N3Kingston Rd retail spaceopportunity w/excellent is Kingston Rd expoApprox 48 *Based beautiful here! Share rent, 1 forth/Victoria acre+ ofin 2012 PRIME on Re/Maxacres!!! International Commercial Commissions 2nd Q Markham 16th Ave/Markham Rd. Prime PotenPark! Two chairsland! and Your sure! Includes 1,750 Ft basement! road just minutes from 16th & 1,100 Sq FtSqw/professional Rd.noPotential tial exposure redevelopment site!! Ravine 60K Ave/Markham in leaseholds at cost to utilities Major Warden/Kingston Rd intersection! Main St. Stouffville. Includes all redevelopment site!! Ravine prop- dental hygienist. Prime Danforth loproperty! IndustrialTons & oftownnewIndustrial tenant! $12 Net - Call George Excellent$850/mo terms & +6utilities months FREE rent! buildings on property. po- erty! & townhomes area! cation! $10.85/ Sq Ft - Call George 416-554-7653 homes area! $488,000 416-554-7653 tential! $1,434,800 Call George 416-554-7653” $488,000

PLAZAS! PLAZAS! 1,750 Sq Ft of PRIME Kingston Rd retail space w/ excellent Kingston Rd exposure! Includes 1,750 PLAZAS! Sq Ft basement! Major Warden/Kingston Rd We have buyersterms and & sellers. intersection! Excellent 6 months FREE Please call for details. Principals only! rent! $10.85/ Sq Ft - Call George 416-554-7653

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

*Based on Re/Max International Commercial Commissions in 2012 2nd Q

11276415_0514

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New Year. New Objectives. Let Profunds Mortgages guide you into 2014 with safe, secure returns. Place your RRSP’s or Capital in

Mortgages #12051

SECURE MORTGAGE

INVESTMENTS

Leading edge investment vehicle • Secured on real property as a mortgage • Fixed returns • Monthly payments on your investment • RRSP / TFSA / RESP eligible! Returns are NOT variable based on the success of a project. Our returns are not ‘up to’ an amount: Your returns are as stated in the offer!

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


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