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Commercial Investor - 24 May, 2014

Page 1

May 24 - Jun 21, 2014 Volume 14 Issue 05

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! MINUTES TO CASINO RAMA - 6472 RAMA RD. N.

GUELPH - 11 SUITES (3 BUILDINGS)

2114_DIW_0018

Available, VACANT LAND. Zoned commercial. On 1.7 acres. 250+ frontage on Lake Couchiching. Formerly a marina. Has Waterlot 200 x 400. Asking $948,000. MLS#586980086 Donna J. Smith, Broker, Remax Orillia Realty Ltd. Brokerage Call: 705.330.1289 or email: donnajsmith@gmail.com

2114_DIW_0018

7

LICENSED REAL ESTATE AGENTS

410

ain

Bo av air dD

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40 Holtby Ave, Brampton

M

UNITS FOR LEASE

AVAILABLE IMMEDIATELY!

First time offered for these 3 purpose-built (1966) white brick apartment buildings. Featuring - 2 - 4-plexes - all 2-bedroom suites and 1 - 3-plex with 2 – 2-bedroom and 1 – 1-bedroom suites. Electric heat. All Tenants have separate meters. Asphalt-shingled pitched roofs. Excellent location in Guelph’s South End. Asking Only $1,195,000. Exclusive Listing. For marketing brochure, contact: Winston Davies, Broker of Record, WinCorp Realty Inc., Real Estate Brokerage, 45 Keats Crescent, Guelph, Ontario N1G 3B1 Tel: 519-836-2080 Fax: 519-836-2081 Email: wjmdavies@rogers.com

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407 Rd

401

•MLS W2679382 (Area 31,823 sf, 26’ Clear) •MLS W2679423 (Area 15,292 sf, 30’ Clear) •MLS W2671167 (Area 15,583 sf, 30’ Clear) •MLS W2679437 (Area 18,797 sf, 27’ Clear)

$5.50/SF (net), renewable at $6.00/SF (net) on 5-year terms; $1.95/SF TMI (est.)

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

Call Victor Boutin at 416.258.8830, or For more details & pictures, visit: Email: Victor@BoutinManagement.Com www.BoutinManagement.com

FREE SUBSCRIPTION!

Midevco Commercial Realty Corporation is seeking likeminded agents to benefit from co-working space and collaboration within our I.C.I. real estate community. John Paisley, Broker Midevco Commercial Realty Corporation, Brokerage 4031 Fairview St., Suite 204 Burlington, ON L7L 2A4 905-639-7426 ext. 202 john@midevco.com www.midevco.com

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

FC_2114 (COM)

INDUSTRIAL COMMERCIAL INVESTMENT DEVELOPMENT


commercial opportunities NEW LISTING

NEWLY LISTED - FOR SALE

FOR LEASE

SPACE FOR LEASE. Prime space available, situated on a busy corner in North West Oshawa. Anchored by National Bank, along with a great mix of other tenants. Space available from 1700 sqft. to 4300 sqft. In the middle of a large residential area with high traffic counts. Call agent for details.

“ATTENTION INVESTORS AND/OR END USERS! Prime corner investment property with existing multi unit 3000 sqft. commercial plaza (divisible). Adjacent to busy gas bar and c-store. Situated at the corner of Tuxedo and Main Street. Many possibilities! Call Listing Agent for Details! 1714_DJW_1_0029

Over 3000 sqft. of retail/office space in prime location in Beamsville at main signalized intersection along the wine route with easy access to QEW corridor. 1714_DJW_1_0039

$689,000 in Hamilton

$16 PER SQFT PLUS $4 TMI/CAM

HomeLife Macro Realty Inc., Brokerage

Higher Standards Agents... Higher Results!™

HomeLife Macro

Independently Owned & Operated

2G

COM

2114_DJW_1_0076

“FOR LEASE”

PRICE REDUCED - FOR SALE

Units for lease in brand new 3 storey building in Binbrook. Main floor and lower level, up to 15,000 sqft. available and can be divisible down to 800 sqft. Plenty of parking and high visibility on a major road, near school and shopping on a hard corner. Open your business here or relocate for better1714_DJW_2_0028 exposure.

Location, Location, Location! 2000 sq ft Commercial Bldg situated on busy retail corridor adjacent to new Juravinski Hospital, Tim Hortons, RBC plus so much more. Public prkg out front, 3 private prkg spots at rear of bldg & public transport stop at street. Ideal for end user or investor. Many improvements. Call LA for more info. 1714_DJW_2_0018

$15 PER SQ FT PLUS $9 TMI/CAM

$374,900 IN HAMILTON

FRANCHISES AVAILABLE

COMMERCIAL RETAIL/OFFICE CONDOMINIUM OPPORTUNITY Situated along QEW corridor in Grimsby at Casablanca Blvd. 1100 sq./ft. Units starting at $264,900. Larger units available! Ideal for investors or end user. Surrounded by high density residential development with direct exposure to QEW and major anchors. 1714_DJW_2_0044

Nicholas Kazan, Broker

|

Nicolas von Bredow, Broker

905.574.3038

1.888.751.2229 www.HLCommercial.ca


SOUTHWESTERN ONTARIO INVESTMENT TEAM

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

Vacant Commercial Sites

Cambridge, ON

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

London, ON

Kitchener, ON

• Downtown Kitchener multi-res development site • Development charge exempt • Preliminary concept indicates 80+ units

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

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

944 Leathorne Street London, ON

Waterloo, ON

• St. Jacobs Farmer’s Market district • 9 acres rough graded existing SWM pond • Adjacent to St. Jacobs outlet mall

• • • •

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

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

Windsor, ON

162 Victoria Street S & 92 Park Street

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

Retail Development Site

23,247 SF Single Tenant Office Space

11276500_2114

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

Industrial Development Site Cambridge, ON

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

1160 Brydges Street London, ON

• 19,205 SF; 11,211 SF occupied by Fed Ex • Net Income: $129,776 • Asking Price: $1,100,000 Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com

12,109 SF Multi-Tenant Office Building Kitchener, ON

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

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

• Ideal User/Investor opportunity with a 5,893 SF suite available • Backing onto the Grand River and close proximity to Hwy 85

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

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

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

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

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

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

* Sales Representative ** Broker

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

3G

COM


www.dtz.com

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

INVESTMENT PROPERTY St. Thomas, ON

• • • •

$1,100,000

5 Neighbouring income producing properties (Commercial / Residential) Net Income $111,657 (2013) 10 Cap Valuation – almost fully leased Potential for Vendor Take Back Mortgage

David Jongerden * Ext. 242

Philip Cassis ** Ext. 231

SALE / LEASE Strathroy, ON

• • • •

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

Tyler Desjardine *

INVESTMENT PROPERTY London, ON $ 10,600,000

RETAIL PLAZA London, ON

• • • • •

• 29,620 sf retail plaza • 100 % LEASED and always leased • Net income est. of approx. $784,073(2014) inclusive of mgt fees

• Multi-unit Medical Building • 11,000 sf on 0.59 acres • Net income $114,000, inclusive of mgt fees

Brent Rudell ***

Tom Rudell *

Brent Rudell ***

RETAIL / AUTOMOTIVE London, ON $ 8.00 psf Net

SALE / LEASE Sarnia, ON

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

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

Gary Pollock **

Kenn Poore **

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

Brent Rudell ***

Jessica Huysmans *

OFFICE / RETAIL London, ON

• • • •

$ 164,900

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

Jameson Lake *

Ext. 231

$ 12,900,000

Ext. 222

INVESTMENT OPPORTUNITY Woodstock, ON $ 1,590,000

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

COM

Ext. 232

Ext. 236

Ext. 224

11266917_2114

Tel: (519) 438 5588


BROCKVILLE

LONDON 23 . R.O 4% .I

nt ce des e R gra Up

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

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

36 Suites

COBOURG wn nto n w Do catio Lo

Ma

int e Fre nanc e e

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

11 Suites + 1 Commercial

• 4 x Bachelor • 9 x One Bedrooms • 71 x Two Bedrooms • Invest in the Growing

City of Brockville

• 6.1% CAP Rate • 24.2% R.O.I. • Treat Financing as

Clear

• Seller may Consider

VTB to Facilitate the Sale

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

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

84 Suites

21 Suites

LONDON

OSHAWA

ICE N PR CTIO U ED

R

Up Tu side rno on ve r

t cen ! Re rades g Up

s tA ea r Tr lea C

• Asking $7,295,000 • Asking $86,845 per suite • Beautifully Maintained Property with Excess Land and Good Land scaping • Individual Hydro Meters - Convert Tenants on Turnover • Two Bedroom Suites are Duplex Apartments (Two Storey) • Suites contain Individual Thermostats

OSHAWA

Ex c Lo ellen ca tio t n

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

15 Townhouse Units

Bu il Ch ding ara wit cte h r

ble ea n r i s io De cat Lo

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

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

9 Suites

8172756_2114

5G

COM


BROKER

11236618_2114

www.fsalvatore.com

Inducted 2008

Escarpment Realty Inc., Brokerage Independently Owned & Operated

PRIME OFFICE SPACE

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

$8.00/SQ. FT.

1714_DJW_0058

LOGISTICS AND WAREHOUSING

56 ACRE DEVELOPMENT SITE-WELLEND

Prestige industrial building zoned M-2 with approx 220,800 sq ft of divisible space. Equipped with 11 docks and 1 drive in level area. Ceiling heights range from 26 to 36ft. Ideal for warehousing and logistics. 401 East, Belleville, ON.

Prime 56 acre development site with draft plan approval consisting of 210 single family lots - 54 street townhomes - 140 townhomes and 31 mixed use. Price includes storm water retention pond and park land dedication. Finance terms available. 1714_DJW_0056

247 CENTENNIAL PARKWAY N.

QEW & CENTENNIAL PARKWAY - 45 GODERICH

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

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

2114_DJW_2_0028

2114_DJW_1_7007

905-777-0252 ext 304 E-mail:

info@desantis.com

www.desantis.com 6G

$9.4 MILLION

8148088_2114

1714_DJW_0055

COM

PRIME OFFICE/RETAIL/ WAREHOUSING

Prime location in Central Hamilton ideal for many uses. 8071 sqft on main level plus 7057 sqft on lower level. Features gated private parking, interior loading area at dock level. Building is divisible. Available May 1st occupancy.

1714_DJW_0057

$4.95/SQ FT

Office: 905.573.1188 Direct: 905.297.4890 info@fsalvatore.com

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

$1500/MTH GROSS LEASE

*


SILVESTRI INVESTMENTS EXCELLENT DEVELOPMENT & INVESTMENT OPPORTUNITIES

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

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

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

309 South Pelham Road Welland, Ontario

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

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

Welland Approx. 14.5 Acres South Pelham and Webber Road

FLORIDA CONDOMINIUMS IN NEW SMYRNA BEACH

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

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

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

11102630_2114

7G

COM


Jennifer Spoleti Sales Representative

HomeLife Macro Realty Inc.,

2114_DJW_0119

Independantly Owned and Operated

Office: 905-574-3038 Toll Free: 1-888-751-2229 jspoleti@homelifemacro.com

GREAT PROPERTY 2.5 ACRES

Asking $498,000 2114_DJW_0121

2114_DJW_0120

ASKING $1,100,000

Located on Upper Centennial in Stoney Creek. Surrounded by new development. Tons of potential with high traffic count. Property has been family owned for over 25 years, don’t miss this opportunity.

HIGH TRAFFIC LOCATION - 11.5 ACRES

ASKING $498,000

8G

COM

Approx 797 feet of frontage on high traffic location. Shop with 14 ft ceilings previously used as Garden Center. Buyer to satisfy themselves regarding zoning & taxes. 11287238_2114


8155064_2114

9G

COM


TONY HOZJAN Broker

Direct: 905-517-1149 www.tonyhozjan.com tony@tonyhozjan.com

Escarpment Realty Inc., Brokerage

2114_DJW_0028

Independantly Owned & Operated Office: 905-573-1188

PORT MAITLAND RD, APPROX. 118 ACRES $1,600,000 Developing campground and marina. Grand River frontage Minutes to Lake Erie. Site plan approved for 248 campsites. Presently 100 serviced. Excellent cash business. MLS #H3130708

2114_DJW_0029

KING ST. STONEY CREEK

RIVER FRONTAGE, 120 ACRES

$769,000

$299,900

Approx. 40 acres workable. Remainder is islands, very picturesque, lots of wildlife. Over 4000 ft of river frontage. MLS #H3118572

2114_DJW_0033

INVESTMENT OPPORTUNITY, HAMILTON DOWNTOWN $6,900,000

2114_DJW_0032 2114_DJW_0030

Entire city block, approx 1.5 acres, commercial/residential, walk to St. Joseph’s Hospital & GO Station downtown.

RIVER VIEW, YORK $199,900

Approx 2000 sq ft building, plenty of parking, zoned commercial institutional. Presently used as a private club. Former church. MLS #H3126707 10G COM

Renovated top to bottom. 5 residential units, 3 commercial. Income approximately $60,000 after expenses. MLS #H3127412

DUPLEX, FAIRHOLT SOUTH, HAMILTON $279,900

Updates: Furnace, c/air, windows, shingles, kitchen, bath; 2 bedroom $650, 3 bedroom $900. Potential other apartment roughedin, lots of parking, 62’ frontage lot. 2114_DJW_0034

2114_DJW_0031

535 EDGEWATER DR, LAKE ERIE $199,900 Building lot, ready to go. Incredible views, 40 minutes South of Hamilton, 92 feet of lake frontage. Build your dream home. MLS #H3126650 11287162_2114


Volume 14 Issue 05

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 . . . . . . . . . . . . 17 Hamilton . . . . . . . . . . . . . . . . . . . . . 24 Greater Toronto Area . . . . . . . . . . . . . 40 Central Ontario . . . . . . . . . . . . . . . . . 54 Eastern Ontario. . . . . . . . . . . . . . . . . 59 Niagara . . . . . . . . . . . . . . . . . . . . . . 63 Business Opportunities . . . . . . . . . . . 70

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

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georgina Brock

Bradford

Lindsay

Peterborough

uxbridge

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Orangeville

cobourg

campbellford

Oshawa Bowmanville

Mississauga Waterloo Guelph oakville Kitchener

next issue:

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June 21, 2014

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Ancaster

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June 10, 2014

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For advertising information call

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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 MediA consultAnt Doreen Wills

401 The West Mall, Suite 500 Etobicoke, ON M9C 5J5 Tel: (416) 784-5060 Fax: (416) 789-9705 Toll Free: 1-877-269-8257 vice pResident WAll2WAll MediA Jacqueline Hill

sAles co-oRdinAtoR Jennifer Mardini, Nobia Bhatti (on leave) senioR pRoduction MAnAgeR Bala Gnanapandithan pRoduction MAnAgeR Nikki Yarwood

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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.


2

Commercial Real Estate & Business Opportunities

special features 6 IN THE NEWS — High demand for Canadian assets, aggressive pricing driving power and utilities acquisitions 10 LEGALLY SPEAKING — Commercial lease agreements: Why landlords need lawyers By Jayson Schwarz

12 MONEY SENSE — Organize your finances in four easy steps 18 BUSINESS BAROMETER — New CFIB data confirms labour shortage in hospitality sector, corrects TFW myths

50

32 BUSINESS SAVVY — A CGA can help your small business 34 IN THE NEWS— Telecom: Lack of choice, poor customer service hurt small biz 38 THE TAX MAN — The Smith Manoeuvre: Deducting mortgage interest By George Dube

44 THE MARKET — Scotiabank: Canada’s housing market transitioning to slower growth 50 BUSINESS SAVVY — Renting out a cottage 56 IN THE NEWS — New professional & medical centre development planned in the heart of York West

56

58 MONEY SENSE — Break free of investing costs 64 TREB REPORT — GTA commercial Realtors report latest commercial market figures 71 MONEY SENSE — Risk reduction is key to small business success

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Volume 14 Issue 05

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Commercial Real Estate & Business Opportunities

Volume 14 Issue 05

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 05

5

KITCHENER INVESTMENT OPPORTUNITY

CAMBRIDGE INVESTMENT

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

$749,000 COMMERCIAL RESIDENTIAL L1-25 zoning....Fronting on Bridgeport Road, front lower level presently operating as Used Cars Sales Office... up to 20 plus cars. Front Upper level/Office presently rented as an apartment... Rear of property is a semi detached registered as two 3/ bedroom student apartments. When fully occupied the property will generate an 8 percent cap return. Must be seen. Don’t miss this opportunity! 1714_DJW_0060

11286199_2114

1714_DJW_0033

WATERLOO INVESTMENT

$550,000 OFFICE BUILDING 4000 square feet professionally finished offices on two levels, plus 800 square fee for dry storage in the basement. Great signage from street Pylon and large building sign included in sale price. Ample parking in front and rear of property, security system, large windows, three washrooms with possible lunch room. Good investment for the right purchaser. A rare find in today’s market. 1714_DJW_0032

Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

TANNING SALON

GUELPH

• Interior finished • Includes 14 tanning beds • Prime for new owner to step into (lease only) • Well-maintained • Prime high traffic location • Ample parking • Spacious 1,740 sq. ft. • High density residential and business neighborhood

LEASE IS NEGOTIABLE 2114_DJW_2_0004

Kenneth Fish

Toll Free:

Broker of Record

866.822.4066

ken@whitecaps.ca

Albert Fish Associates Limited R e a l e s tat e b R o k e R a g e Please say you saw it in The Commercial Investor

11270688_2114


6

inthenews

Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

HigH demand for Canadian assets, aggressive priCing driving power and utilities aCquisitions, says Ey Companies increasingly focused on cost reduction

I

n Canada and around the globe, power and utilities (P&U) companies are showing a strong desire to do deals in the next year, according to a recent Ey survey. But, they’re still dealing with uncertainty when it comes to pricing those deals.

market uncertainty, evidence suggests the valuation gap is shrinking as the deal making environment gets busier, he adds. Transactions aren’t the only growth strategy Canadian power and utilities companies are undertaking, either. Thirty-eight percent of executives cite cost reduction as a primary area of focus.

“Increased regulatory oversight and heightened stress on earnings have prompted utilities to optimize their operations and rebalance their portfolios,” says McInnis.“And with M&A a major “We’ve already seen a strong start to the component of utilities’ growth agenda year with global deal values the highest over the next year, keeping costs under they’ve been in the sector in three years,” control can also serve companies well says Gerard McInnis, partner in EY’s if they decide to take advantage of Power & Utilities practice.“In Canada, increased appetite for deals.” we’re seeing deals driven largely by US EY is a global leader in assurance, tax, entities looking for opportunity outside their own service territories.” According to EY’s latest Power & Utilities Capital Confidence Barometer, global deal volumes are likely to continue this upward trend. Sixty-nine percent of survey respondents expect deal volumes to improve, and another 33 per cent plan to pursue an acquisition in the next 12 months. Meanwhile, the report notes that amid moderating load growth demand, greater energy conservation and efficiency, and increasingly distributed generation, US utilities in particular are looking beyond their service territories for growth. “High demand and competition for Canadian assets – from the US and other foreign entities – is driving up the rate base and resulting in assets being sold at a healthy premium,” explains McInnis. But despite continued regulatory and

Please say you saw it in The Commercial Investor

transaction and advisory services. The insights and quality services they deliver help build trust and confidence in the capital markets and in economies the world over. They develop outstanding leaders who team to deliver on our promises to stakeholders. In so doing, they play a critical role in building a better working world for people, for clients and for communities. EY is proudly celebrating 150 years in Canada. For more information, please visit ey.com/ca. Follow on Twitter @EYCanada. EY refers to the global organization and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about the organization, please visit ey.com.


Volume 14 Issue 05

7

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

519-745-7000

Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9 fax: 519-489-1333

www.TeamMilovick.com

Mike Milovick B.B.A., Sales Representative

8302191_2114

Grand Valley Realty BROKERAGE INDEPENDENTLY OWNED AND OPERATED

Royal LePage

Invest in Ontario’s Number 1 Town Today!

CI@TeamMilovick.com

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

1,799,900

$

D L SO

• $156,000+ Gross Annual Income • Purpose built building solid, concrete construction one block North of WLU, two blocks East of UW on transit route • 7 plex, 28 students • MLS®

2114_DJW_1_0027

119 UNIVERSITY AVENUE WEST, WATERLOO

264-268 LESTER STREET, WATERLOO

465 HAZEL STREET, WATERLOO

579,900

$

1,496,000

1,200,000

$

$

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

2114_DJW_1_0106

• 68 CARDILL CRESCENT, WATERLOO

419,900

• 4+3 Bedroom Layout • MR-6 Zoning • MLS®

2114_DJW_0100

130 MARSHALL STREET, WATERLOO

359,900

429,900

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

409,900

$

2114_DJW_1_0107

• $26,000+ Gross Annual Income • Leases in place until at least August, 2014 • City Approved, Class D Rental Licenced Property • Close proximity to $ student staples: coffee, pizza, beer stores, four • $13.00 PSF bus routes • 1076 Sq ft • MLS® • Across from the General Hospital 2114_DJW_5_0017

• Quick walk to WLU • 97 Walk Score • MLS® 2114_DJW_1_0109

4 535 PARK ST., KITCHENER

13.00 PSF

249,900

• Seller VTB possible OAC • MLS®

9-12 BRIDGEPORT ROAD EAST, WATERLOO

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

room layouts close to both Universities • Spacious bedrooms, two car garage for landlord or tenant storage. 2114_DJW_1_0108

144 ERB STREET WEST, WATERLOO • $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® 2114_DJW_3_0019

511B GLENELM CRESCENT, WATERLOO

274,228

• Expand footprint for more rooms! • Popular Student Street • MLS® 2114_DJW_3_0022

2-455 ALBERT STREET, WATERLOO

$

2114_DJW_0099

14 YOUNG STREET WEST, WATERLOO

$

$

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

• Steps to UW • MLS®

$

$

• Leased to August, 2014 • $42,000 Gross Annual Income

• Redevelopment Land • NMU-8 Zoning • Quarter of Acre

• Steps to Both Universities • MLS®

• $48,000+ Annual Gross Income Available! • 9 student city-approved, rental licensed property • Desirable 5 and 4 bed-

264,900

$

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

• Four student, turnkey operation • MLS® 2114_DJW_1_0110

1305 VICTORIA STREET NORTH, KITCHENER

7.00 PSF

$

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

2114_DJW_1_0072

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

Please say you saw it in The Commercial Investor

• Lots of Parking • 41,000 Vehicle Traffic Daily • MLS® 2114_DJW_1_0105


8

Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

508 Riverbend Drive Kitchener, ON, N2K 3S2 Phone: 519-743-5211 OFFICE/RETAIL FOR LEASE 1,321 to 5,505 SF, $21.00/SF Exclusive, Kitchener - New plaza with high exposure and traffic. Located beside high school, high density and new residential. Lester Tobin* 7,231 SF, $12.00/SF MLS# 1412140, Waterloo - Well located free standing office bldg. Abundant parking, a lot of private &open support areas. John Hoffman* 966 SF, $22.00/SF Net MLS# 1414649, Kitchener - Last unit! Corner property. Busy plaza- Great tenant support. Ample on-site drive up parking. Lester Tobin* 2,330-3,997 SF, $7.50/SF MLS# 1328026,1328027,1328028, Kitchener Offices available on the main & 2nd floor. Additional space can be made available. R. Blake Hull* 1,100 SF, $14.00/SF EXCLUSIVE, Kitchener - Last Unit! High Profile plaza. Ample on-site parking. Good tenant support. Lester Tobin*

2,598 SF, $11.00/SF Net MLS# 1417180, Kitchener High traffic with 44,914 Vehicles daily. C-6 Zoning. John Hoffman*/ Gary Boudreau* 2,025 SF, $18.00/SF MLS# 1411896, Kitchener - New Commercial/ Office unit on main floor of 6 storey apartment building. Ample on-site drive up parking. Lester Tobin* 1,340 SF, $7.35/SF MLS# 1421725, Cambridge Excellent retail space, ideal for automotive use, sign shop, glass service, car audio. Shawn Quilty*/ Roman Ginzburg* 4,200 SF, $10.50/SF Net MLS# 1418072, Waterloo Busy location, close to UofW, W.L.U & Conestoga Pkwy. I-6 Zoning. Gary Boudreau* 2,600 SF Divisible, $14.00/SF MLS# 1424102, Cambridge Prime retail space in the heart of downtown Galt. Roman Ginzburg*/ Shawn Quilty* 2,050 SF, $16.00/SF Net MLS# 1424242, Brantford End cap retail unit. Drive-up parking. Highway exposure. Lester Tobin* 1,049 SF, $19.95/SF MLS# 1424548, Kitchener Last unit! Drive-up retail/office unit located in newly developed community, minutes from Hwy # 401 Lester Tobin* Up to 300,000 SF/ $18.00/SF EXCLUSIVE, Waterloo Build to suit. Close proximity to many amenities. Excellent access to Hwy 85. Peter Benninger**

3,622 SF, $36.00/SF MLS# 1347263, Waterloo - Corner location on University in 17 Storey student res. building & 3 storey retail building. Daily pedestrian traffic 30,939 and access to 70,000 post secondary and young professionals. Lester Tobin* 7,200 SF, $14.00/SF MLS# 1344509, Cambridge Built in 1920. 2 storey solid concrete, post & beam. Has been carefully renovated to maintain its art deco period charm. Original floors, cast iron window frames, w/ 12 ft ceiling height on 2nd floor. Roman Ginzburg*/Shawn Quilty* 1,475 SF, $10.00/SF Net MLS# 1414175, Kitchener Last unit! Newly upgraded unit near Kitchener’s new mega courthouse and the downtown core. Parking Available. Lester Tobin* 2,485 SF, $17.00/SF Net MLS# 1414544, Kitchener High visibility end cap plaza location. Traffic count at Homer Watson., Manitou Dr./ Doon Village Rd. 44,323 (ROW 2009) Lester Tobin* Gary Boudreau* 4,500 SF - 4,580 SF, $12.50/SF Net MLS# 1414253, 1414257, Cambridge -Well established, high traffic neighbourhood plaza. Ideal space for salon, medical use, insurance. Only two units left. Roman Ginzburg* /Shawn Quilty* 10,500 SF, $12.00/SF Net MLS# 1417248, Kitchener Located near Fairview Park Mall with exposure to the expressway. Ample on-site drive-up parking. Lester Tobin* 3,347 SF, $16.00/SF MLS# 1411621, Kitchener 12 windows overlook Frederick and Lancaster 2 blocks from the new regional courthouse. Abundant on site parking. Well built building. High exposure. John Hoffman* Gary Boudreau* 920 SF Divisible, $1,999/ Month MLS# 1337773,Waterloo Impressive, 2nd floor office in well-known building. Abundance of natural light. 24/7 electronic reader board. Free parking with many amenities nearby. Very accessible, Hwy 85 & iXpress seconds away. Colin Vogel*

OFFICE/RETAIL FOR SALE RETAIL INVESTMENT PROPERTY 4,800 SF, $1,050,000 MLS# 1411192, Kitchener Fully rented, long term leases in place. Located near Kitchener’s New Mega Courthouse. Lester Tobin* 2,975 SF, $499,900 MLS# 1411586, Cambridge Free standing retail/office building. Currently 2 separate units. Turn-key tanning salon. Financing available. Lester Tobin* 7,200 SF, $1,449,500 MLS# 1411185, Cambridge Built in 1920. Two storey solid concrete, post and beam. Has been carefully renovated to maintain its art deco period charm. Features original floors, cast iron window frames, w/ 12 ft ceiling height on 2nd floor. Roman Ginzburg*/Shawn Quilty* 1,462 SF, $379,000 or $13.00/SF Net MLS#1417538, 1417537, Waterloo New, well appointed condo unit. Busy street with excellent exposure. Close to Uptown Waterloo R. Blake Hull* RETAIL OR REDEVELOPMENT SITE 1,586 SF on 0.12 Acres, $995,000 MLS# 1421708, 1421709, Kitchener Unique High Profile Location - Corner Lot. Located beside Kitchener’s farmers market. Great Redevelopment site. Lester Tobin*

INDUSTRIAL/WAREHOUSE FOR LEASE/SALE 5,600 SF, $699,000 MLS# 1324349, Kitchener Five unit industrial building, recent extensive renovations. R. Blake Hull* 21,775 SF, $4.50/SF MLS# 1327908 ,Kitchener Excellent manufacturing and/or warehouse facility. Good power, loading & parking. R. Blake Hull* 3,931 SF, $3.00/SF MLS# 1414196, Kitchener Dry storage or distribution at a low cost. Extra yard space available. John Hoffman*

4,900 SF, $20.00/SF EXCLUSIVE, Kitchener Within mixed-use corridor, over 33,000 cars daily, abundant parking on-site! Many uses, awesome renovations planned. John Hoffman*

66,290SF, $3,300,000 MLS# 1341107, Waterloo Outstanding industrial facility, 40,000 of newer addition.2,000 ampere three phase power, 7 docks, 4x12’ diameter silos. R. Blake Hull*

1153 SF-3,853 SF, $24/SF-$30/SF MLS# 1222272-275,1222268, 1222269, 1244122, Kitchener - New space at Sportsworld Crossing. Join existing retail & restaurant traffic draw. Lester Tobin* Gary Boudreau*

INDISTRIAL/OFFICE WITH 2 BEDROOM HOME 13,000 SF + 900 SF Home, $995,000 MLS# 1418057, Cambridge On 1.3 Acres with a 2 bedroom home. Corner Lot. Lester Tobin*

Proudly Serving

8331512_2114

* Sales Representa ve ** Broker of Record

www.coldwellbankerpbr.com/commercial Please say you saw it in The Commercial Investor


Volume 14 Issue 05

9 Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

508 Riverbend Drive Kitchener, ON, N2K 3S2 Phone: 519-743-5211 10,688 SF, $6.75/SF MLS# 1411324, Waterloo - Great Location. Exposure to King St. N. Across from Conestoga Mall. John Hoffman* 5,600 SF, $3,400/Month MLS#1417387, North Dumfries - Excellent industrial site for service commercial or industrial landscaper.Out bldg.& fenced yard. R. Blake Hull*

LAND FOR SALE

2.0 Acres, $500,000 MLS# 1337641, Kitchener - Corner of Trillium and Huron with excellent access to Hwy 7/8 and Hwy 401. Many uses permitted. Colin Vogel*/Peter Benninger** 1.9 Acres - 7.1 Acres, $440,000-$640,000 MLS# 1338181,1337964, Cambridge- Excellent development opportunity! May be combined to maximize residential development. Roman Ginzburg*/ Shawn Quilty* 66.58 Acres, $2,200,000 EXCLUSIVE, Cambridge - Under consideration to change OP designation to industrial. Peter Benninger** HIGH-DENSITY MIXED-USE DEVELOPMENT! 5.09 Acres, $4,250,000 EXCLUSIVE, Cambridge - 5 min walk to Cambridge Centre Mall.3 min drive to Hwy 401 Directly across from natural conservation area. Peter Benninger**/Colin Vogel* 4.49 Acres, $1,995,000 EXCLUSIVE, Kitchener - Highly visible, high traffic site. Central to existing retail & proposed employment lands. Peter Benninger** HIGH DENSITY MIXED USE DEVELOPMENT 3.25 Acres, $5,850,000 EXCLUSIVE, Kitchener - Frontage on 2 major streets at gateway to downtown Kitchener. Excellent access to Hwy 401 via Hwy 8 Directly on proposed light rail transit route. Peter Benninger**/Colin Vogel* 37.5 Acres, $3,000,000 MLS# 1244781, Port Elgin - Incredible investment. At the gateway to Port Elgin.800 meters from new Walmart plaza &few minute walk to one of the most beautiful sandy beaches in Ontario! Roman Ginzburg*/ Shawn Quilty* Approx. 217 Acres, $4,340,000 EXCLUSIVE, Waterloo Region - Being Farmed. Call for full info pkg! Peter Benninger**/Colin Vogel* 1.3 Acres, $995,000 MLS# 1418066, Cambridge - Located beside Moffat Creek Public School. Lester Tobin* RETAIL OR REDEVELOPMENT SITE 1,586 SF on 0.12 Acres, $995,000 MLS# 1421708, 1421709, Kitchener Unique High Profile Location - Corner Lot. Located beside Kitchener’s farmers market. Great Redevelopment site. Lester Tobin*

INVESTMENT FOR SALE 16,164 SF, $975,000 MLS# 1417413, Cambridge Owner/user or multi-tenant building, ample on-site parking. Located on busy artery just south of Hwy #410. Lester Tobin* RES/COMMERCIAL RE-DEVELOPMENT 38,000 SF, $2,950,000 MLS# 1328052, Cambridge Prominent fully occupied building in the downtown core of Galt. Great re-development opportunity for brick and beam residential, commercial or mixed use. Roman Ginzburg*/Shawn Quilty* INVESTMENT OPPORTUNITY 17,103 SF, $4,100,000 MLS# 1411652, Kitchener 2 blocks from the new regional courthouse. Built in 2006, quality tenants. Very well built on prominent corner.Call for Income statement. John Hoffman*/Gary Boudreau* INVESTMENT OPPORTUNITY 25,182 SF, $2,900,000 MLS# 1417598, Brockville Walking distance from Hospital. Great re-development site. Some medical onsite. John Hoffman*/ Gary Boudreau* 16,219 SF, $1,950,000 MLS# 1417605, Kitchener Rare opportunity to renew existing or build new in this 1.6 Acre site. Zoned C-2-very dynamic zoning. John Hoffman*/ Gary Boudreau* RETAIL PLAZA 6,300 SF, $1,399,000 MLS# 1424001, Kitchener Plaza with four tenants using all five units. Coffee time, variety store, massage, Island grill restaurant. Blake Hull*

BUSINESS FOR SALE RETAIL PROPERTY WITH BUSINESS 2,975 SF, $499,900 MLS# 1411586, Cambridge Property with wine making and beer business. Can both be sold separately. Turn-key tanning salon also available. Financing available. Lester Tobin* 900 SF, $39,000 MLS# 1417627, Waterloo University Campus Hair Salon business in the Student Life Centre. Fully Staffed. Lester Tobin*

MULTI-FAMILY FOR SALE 36Units, $15,7500,000 MLS# 1417110, Waterloo - Modern loft style units. Recently constructed, purpose built steps to U of W & W.L.U. L.E.E.D quality construction, separate hydro meters. Eric Reiner*

INVESTMENT OPPORTUNITY 48 Units, $19,000,000 MLS # 1411851, Oshawa, $19,000,000. Purpose built (2013) 4 storey student residence. 235 bedrooms. Short walk to UOIT. Attractive 3,4&5 bedroom units. Eric Reiner* 19 Units, $8,200,000 MLS#1417109, Waterloo Recently constructed purpose built L.E.E.D quality construction, steel roof, separate hydro meters, manager’s office. Attractive long term mortgage available O.A.C. Eric Reiner* 20 Units, $3,950,000 MLS# 1417251, Elmira Recently constructed , only steps to downtown Elmira. concrete construction, elevator, parking garage, amenity space, oversized units, A/C, in suite laundry, separate meters for hydro & gas. Eric Reiner* 13 Units, $5,600,000 MLS# 1417107, Waterloo Recently constructed, purpose built investment property. Close to U of W & W.L.U. controlled entry w/video surveillance, separate meters for gas and hydro. Eric Reiner* 11 Bedrooms, $899,000 MLS # 1414547, Cambridge Impressive purpose built student housing. 5 min. walk to Waterloo School of Architecture. 11 bedrooms - producing excellent income, low maintenance investment. Please Call for Financials. Roman Ginzburg*/ Shawn Quilty*

For Commercial Real Estate Solutions in Canada's Technology Triangle, contact any one of our sales representatives, or call 519-743-5211. SALES REPRESENTATIVES: Gary Boudreau, ext 3029 Selby Colson, ext. 3100 Mike Flynn, ext. 3037 Roman Ginzburg, ext. 3103 John Hoffman, ext. 3040 Mark Hopkins, ext. 3020 R. Blake Hull, ext. 3032 Shawn Quilty, ext. 3106 Eric Reiner, ext. 2099 Lester Tobin, ext. 3023 Colin Vogel, ext. 3110 Harmony Voisin, ext. 3117 BROKER OF RECORD: Peter Benninger, ext. 3000 8171433_2114

Proudly Serving

www.coldwellbankerpbr.com/commercial Please say you saw it in The Commercial Investor

* Sales Representa ve ** Broker of Record


10 legallyspeaking

Commercial Real Estate & Business Opportunities

Volume 14 Issue 05

Commercial lease agreements: Why landlords need lawyers

O

wnership of income-producing properties typically involves the negotiation of commercial leases with your tenant(s). This article explores a few of the considerations inherent in the negotiation and drafting of commercial lease agreements. Covering off all the bases

Commercial leases are complex documents and in this article we can only skim the surface. You need to speak to a lawyer who understands this area of law. There are fundamental components of the lease which a solicitor should prepare/review to ensure it meets your practical and commercial expectations. Principally, you will want rental payments defined and broken into “base rent” and “additional rent.” Base rent is your money. This is the amount used to determine net income. Additional rent represents all of the expenses that may be shared by the tenant or paid directly for utilities such as electricity, water and gas and things like maintenance insurance and realty taxes. If you are thinking of a net-net lease this is critical. Have you ensured the lease clearly defines how any increases in rent during the lease term are calculated?

Aside from the financial considerations noted above, commercial leases must also cover off any “special” requirements to prevent confusion going forward; as an example, use clauses or renewal terms. Tenants typically prefer leases with renewal options. Tenants typically also desire the ability to “assign” their lease as this affords them flexibility to sell their business. Any such provisions should give you broad discretion to vet any prospective assignee to ensure they would be a prudent and reliable tenant. The lease should make sure the tenant will pay any legal and/or administrative costs incurred on any renewal or assignment of the lease. Negotiation of the lease Landlords often have their standard form or “boiler-plate” commercial lease agreement which they present to prospective tenants for review prior to execution. Savvy tenants will typically have retained a lawyer to review the document and offer proposed amendments. In a scenario where there will be a back-and-forth in respect of the ultimate wording – and particularly where the prospective tenant has retained a lawyer – I highly recommend hiring a solicitor to quarterback the negotiations. From my practice I have found landlords all-too willing to cut out provisions which could severely compromise them in the interests of not losing the tenant. Conclusion It goes without saying that all warranties, representations and terms outlining the landlord/tenant relationship must be incorporated into the lease agreement. These documents can often run between 30 to 50 pages in length. It is far better for your commercial lease to be “too long” than “too short.” Sitting down with an experienced commercial lawyer to properly negotiate and draft your commercial lease at the front end can save you considerable aggravation down the line. Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the website (schwarzlaw.ca), email (schwarz@schwarzlaw.ca), or phone us at 1-888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.

By Konstantine Chatzidimos and Jayson Schwarz Konstantine Chatzidimos is a Toronto business and franchise lawyer and associate in the law firm Schwarz Law LLP. Jayson Schwarz is a Toronto business lawyer and partner in the firm.

Please say you saw it in The Commercial Investor


11

Commercial Real Estate & Business Opportunities

0914_DJW_0097

4-6 KING STREET SOUTH WATERLOO

25 YOUNG ST E WATERLOO

$599,900

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

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

D

450 FREDERICK STREET, KITCHENER

BUSINESS FOR SALE OL

$9.50/SF

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

$359,900

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

FREDERICK MALL, KITCHENER

0914_DJW_3_0039

0914_DJW_0098

S

1223 KING STREET ST, JACOBS

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

0914_DJW_1_0104

0914_DJW_1_7075

S

D L O

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

0914_DJW_1_0061

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

0914_DJW_2_0078

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

$869,900

$1,295,000

0914_DJW_2_0057

1458 WEBER STREET E., KITCHENER

$1,799,900

0914_DJW_1_7777

MIXED USE BUILDING IN DOWNTOWN KITCHENER

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

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

PORT ELGIN

ROCKWOOD, ON

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

& services uses. Pre-leasing.

acres, backs onto Hwy #401 11283607_1714

RYAN BRIGGS

DUNCAN McLEAN

SALES REPRESENTATIVE

CELL

519.498.5775

Ryan@cmarealty.ca

SALES REPRESENTATIVE

KITCHENER, ONTARIO

519.578.0337

CELL

519.590.7997

Duncan@cmarealty.ca

Please say you saw it in The Commercial Investor

Kitchener/Waterloo Guelph & Cambridge

Volume 14 Issue 05


12

Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

The Cliff Rego Diamond Award Winning Team:

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

519.740.7222

CLIFF REGO BROKER

Real Estate Centre Inc. Brokerage

519.623.6200

$324,900 Great location - quick and easy access to major roadways. First unit in complex - has good street exposure. 3 parking spots, but huge available customer/clinet parking. Easy front & rear access off Randall. Industrial one zoning (l1) offers extensive use possibilities. Tenant is month to month. North exposure. No balcony. No pets permitted. Monthly fee $475. This includes: water, landscaping/ snow removal, maintenance, building insurance and parking. MLS ® 1490864. 2114_DJW_1_0016

11269765_2114

Each office independently Owned and Operated

$5.00/SQ. FT. High visibility - extensive traffic exposure. Quick & easy access to major roadways. Zoning permits office, warehouse, wholesale, vehicle sales & service, etc. MLS ® Northfield. 2114_DJW_1_0055

$8.00/ SQ. FT.

Situated in high traffic area. Offering abundant parking! Great opportunity w/loads of space & lrg windows providing abundant natural light. Space includes office areas, kitchenette, bathrooms & lrg open concept area. MLS® Park Hill. 2114_DJW_2_0062

$68,500 Cracovia European market & deli. Great location - high density neighbour$1,500/MONTH $9.41/SQ. FT. GROSS hood, high exposre plaza. Extensive product selection for diverse clientele. Loads of parking in the plaza. Excellent customer draw by other business Extensive pedestrian & auto exposure! Lots of off street Turnkey auto body operation. Complete, modern, fully® as well as dedicated clientele. Price includes equipment and stock, with a parking! Convenient area! $1500 all in, expect HST. MLS equipped auto body facility. All new equipment in 2013. Water. Loads of secure parking. MLS® Colby. new meat counter ($7000). MLS® 1490679. 2114_DJW_1_0012 2114_DJW_3_0017 2114_DJW_1_0096

moneysense

D

Organize your finances in four easy steps

o you tend to live paycheque to paycheque? Does the notion of setting up a savings plan put you into cold sweat? The financial experts from Desjardins Group have a 4-step plan to help.

What are you worth? Drawing up a balance sheet may seem daunting, but it’s actually a very simple exercise. Start by listing your assets (what you own) and your liabilities (what you owe). Now calculate your net worth by adding up your assets and then subtracting your liabilities. If your net worth is positive, you’re doing a great job of managing your money. If your net worth is negative – or “in the red” – It’s time to tackle your debts and get your finances back on track. Go to step 2. Create a budget that is straightforward and flexible so it can be easily modified if your income or expenses change. Be realistic and specific about your spending. To build a simple budget, take a look at your monthly bank statements and bills to identify your fixed expenses (i.e. housing, groceries, transportation, bills, debts, etc.) and variable expenses (leisure, clothing, vacations, etc.). The goal is to find a balance so that you have a little left over each month that you can apply to your debt. Go to step 3 for tips on how to pay off your debt.

So, how overextended are you? To find out exactly how much you owe, add up all your debts. (See Step 1) Then, determine which debt you want to repay first. (Here’s a tip: Pick the one with the highest balance or highest interest rate.) Or, depending on your situation, consider consolidating your debts so that you only have one payment to make. Remember to reward yourself when you reach your goal – without using your credit of course. Head to step 4 for tips on how to start saving. Saving pays off, so start saving in small increments today. Experts suggest that you should save 10 percent of your earnings and have an emergency fund equalling a minimum of three months’ worth of savings. This may be very overwhelming when you’re starting out. So try starting small by saving five dollars a week until you have more funds available. Remember, saving a bit than saving none. To learn more about managing your money and to access financial calculators, visit the Co-op Me page on Desjardins.com. –NC

Please say you saw it in The Commercial Investor


13

Commercial Real Estate & Business Opportunities

519.742.7000 www.coupalmarkou.com

Leasing OPPORTUniTies

2114_DJW_0056

• 750 & 1,500 sq. ft. office space • Medical building behind Grand River Hospital • Pharmacy located onsite. Ample parking. • $8.00 / sq ft net

MLS

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

MLS

MLS

• 2,007 sq. ft. finished office space • Free onsite parking...great location • Near Fischer Hallman Rd & Erb St • $18.00 / sq ft net

150 DUKE ST W, KITCHENER

MLS

MLS

2114_DJW_0063

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

• Smaller office unit with free onsite parking • From 930 to 1,860 sq ft available • Built out private offices, kitchen & reception • From $1,000 / month

MLS

• 1,464, 1482 & 1,507 sq. ft. retail/office units • Brand new building • Patio space available with end unit • $20.00 / sq ft net

646 ERB ST. W. #107 WATERLOO

2114_DJW_0065

MLS

• 980 sq ft first class office space • Uptown Waterloo location • Professional building with landlord onsite • $14.95 / sq. ft. net

MLS

• 1,250 sq. ft. retail/office unit • Great opportunity in fast growing area • Adjacent patio included at no charge • $28.00 / sq ft net

Christopher Coupal, Broker of Record, Principal christopher@coupalmarkou.com

Peter Kruschen, sales Representative peter@coupalmarkou.com

John Markou, sales Representative, Principal john@coupalmarkou.com

Matthew Dickson, sales Representative matt@couplamarkou.com Michael Conrad, sales Representative mike@coupalmarkou.com

James Craig, sales Representative james@coupalmarkou.com

MLS

2114_DJW_0066

#1202-20 ERB ST W, WATERLOO

2114_DJW_0064

1454 KING ST E, KITCHENER

MLS

105 OAK PARK DRIVE, WATERLOO

2114_DJW_0062

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

• 6,692 sq ft freestanding office building • Onsite parking included in lease rates. • Located right across from City Hall. • $8.95 / sq ft net.

239 WEBER ST. N. #2, WATERLOO

2114_DJW_0061

501 KRUG ST, KITCHENER

MLS

2114_DJW_0060

2114_DJW_0058

• Great open concept 2nd floor space • Own private entrance • 2,032 to 4,065 sq ft • Located in heart of uptown Waterloo • $11.50 / sq ft net

• Brand new building • Ideally suited for office, retail, restaurants, etc. • Ample parking & visibility • $16.95 / sq ft net

18 FISCHER HALLMAN, WATERLOO

2114_DJW_0059

92 KING ST. S., WATERLOO

3 WYATT ST. E., ELMIRA

2114_DJW_0057

1595-1601 VICTORIA ST. N. KITCHENER

2114_DJW_0055

453 PARK ST., KITCHENER

MLS

connect

11287245_2114

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

Please say you saw it in The Commercial Investor

Kitchener/Waterloo Guelph & Cambridge

Volume 14 Issue 05


14

Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

519.742.7000 www.coupalmarkou.com

INVESTMENT OPPORTUNITIES 300 BRIDGE ST E, KITCHENER

2114_DJW_0068

2114_DJW_0069

185 GLASGOW ST, KITCHENER

2114_DJW_0067

41 CONROY CR, GUELPH

• Great view overlooking green space • 20 unit solid construction • 10 - 1 bedroom units, 10 - 2 bedroom units • Well maintained • $2,400,000

MLS

• Solid concrete 15 unit building • 2 bedroom units • Rental income upside • $1,350,000

• Brand new 36 unit building • Walking distance to downtown and LRT • 24 - 1 bedroom units & 12 - 2 bedroom units • $6,300,000

MLS

MLS

MLS

MLS

MLS

2114_DJW_0078

• Shovel ready industrial lots • 2.91 - 14.45 acres • $210,000 - $235,000 per acre

MLS

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

Christopher Coupal, Broker of Record, Principal christopher@coupalmarkou.com

Peter Kruschen, Sales Representative peter@coupalmarkou.com

John Markou, Sales Representative, Principal john@coupalmarkou.com

Matthew Dickson, Sales Representative matt@couplamarkou.com Michael Conrad, Sales Representative mike@coupalmarkou.com

James Craig, Sales Representative james@coupalmarkou.com

MLS

1015 KING ST E, KITCHENER

2114_DJW_0077

MLS

MLS

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

HERRGOTT RD, ST. CLEMENTS

2114_DJW_0076

• 59.66 acres • Adjacent to Waterloo Wellington Airport • Zoned Agricultural • $1,695,000

• 34.47 acres of future residential • Across from new proposed hospital • Adjacent to busy residential area • $1,750,000

2114_DJW_0075

• Two industrial condos fronting on Saltsman Dr • Each unit consisting of 2,560 sq ft • DL/DI loading • $659,000 or $329,000 each

2117 LONSDALE RD, BRESLAU

MLS

27 RIVERVIEW PL, KITCHENER

2114_DJW_0074

• 24,219 sq ft • High exposure on Manitou Road • Multi-tenant facility • $2,685,000

595 GARAFRAXA ST W, FERGUS

85 SALTSMAN DR, CAMBRIDGE

2114_DJW_0073

334 MANITOU DR, KITCHENER

• 72.90 acres • Employment land • Parcels available from 8.30 acres • $275,000 per acre

2114_DJW_0072

2114_DJW_0071

87-93 CEDAR ST S, KITCHENER

2114_DJW_0070

20 WEICHEL ST, KITCHENER

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

MLS

connect

11287248_2114

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

Please say you saw it in The Commercial Investor


15

Commercial Real Estate & Business Opportunities

519.742.7000 www.coupalmarkou.com

Leasing OPPORTUniTies 8-10 WATER ST N, KITCHENER

2114_DJW_0115

2114_DJW_0116

159-161 KING ST W, KITCHENER

2114_DJW_0091

8 QUEEN ST N, KITCHENER

• From 7,635 to 36,069 sq ft office • Stunning brick & beam, hardwood floors • Direct access to City Parking • $12.95 / sq ft net

MLS

• 6,000 sq ft of 2nd floor office space • Corner location at King St W & Water St • $10.00 / sq ft net MLS

• 1,758 sq ft customer designed office space • Next to amenities & recreation • Lease rate includes fixturing allowance • $16.50 / sq ft net

• 2,500 sq ft fully finished office space • Corner of Northfield Dr & Weber St N • Good signage, access to amenities, and transit • $12.00 / sq ft net

MLS

645 LAURELWOOD DR, WATERLOO

MLS

2114_DJW_0095

A1B-490 DUTTON DR, WATERLOO

2114_DJW_0094

MLS

• Freestanding tech building • Good loading, onsite parking • Well maintained building • $10.50 / sq ft net

MLS

• Fully finished single storey office space • Suitable for tech/engineering company • Immediate occupancy • $7.95 / sq ft net

2114_DJW_0097

MLS

258 KING ST N, WATERLOO

• 664 & 1,055 sq ft retail • Busy retail plaza at Weber St • Join Crabby Joes, Tim Hortons, Holy Guacamole • Starting at $30.00 / sq ft net MLS

• Second floor commercial/office space • Onsite parking & excellent visibility • Corner of University & King Streets • Starting at 2,000 sq ft • $18.00 / sq ft net

Christopher Coupal, Broker of Record, Principal christopher@coupalmarkou.com

Peter Kruschen, sales Representative peter@coupalmarkou.com

John Markou, sales Representative, Principal john@coupalmarkou.com

Matthew Dickson, sales Representative matt@couplamarkou.com Michael Conrad, sales Representative mike@coupalmarkou.com

James Craig, sales Representative james@coupalmarkou.com

MLS

2114_DJW_0098

#1-65 UNIVERSITY AVE E, WATERLOO

2114_DJW_0096

#E-606 COLBY DR, WATERLOO

• 2,000 sq ft low cost office space • 5 private offices, kitchen & storage area • Landlord on site • $5.25 / sq ft net

• 1,983 sq ft retail • Turnkey convenience store • Busy corner location • $18.00 / sq ft net

65 NORTHLAND RD, WATERLOO

2114_DJW_0093

#1-101 RANDALL DR, WATERLOO

• Signature showcase “Tech” building • 19,380 sq ft - could be divided • Immediate occupancy • $10.50 / sq ft net

MLS

2114_DJW_0118

2114_DJW_0117

564 WEBER ST N, WATERLOO

2114_DJW_0092

572 WEBER ST N, WATERLOO

• 2nd floor & lower level space • High visibility on King Street West • Ideal for Office & Retail • 4,000 - 6,000 sq ft • $6.00 - $10.00 / sq ft net

MLS

connect

11287246_2114

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

Please say you saw it in The Commercial Investor

Kitchener/Waterloo Guelph & Cambridge

Volume 14 Issue 05


16

Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

519.742.7000 www.coupalmarkou.com

LEASING OPPORTUNITIES 379 QUEEN ST S, KITCHENER

2114_DJW_0080

2114_DJW_0081

#E-145 LEXINGTON CT, WATERLOO

2114_DJW_0079

89-103 MAIN ST, CAMBRIDGE

• Up to 32,218 sq ft available • Main floor ready to demise for office/retail uses • Potential for 2nd floor residential conversion • $8.95 / sq ft net $1,400,000 MLS

• Office in recently re-faced property • Ample parking & services on site • Inclusive of utilities • $1,655 / month

• Unit 12A -1,218 sq ft retail • Grocery anchored plaza • Ample parking • $23.00 / sq ft net

MLS

MLS

MLS

MLS

MLS

MLS

2114_DJW_0090

1015 KING ST E, KITCHENER

• 7,200 sq ft office space • Located near King & Ottawa Streets • Across from future Light Rail Terminal MLS • $6.00 / sq ft net

MLS

• 1,419 sq ft freestanding building • Commercial or light industrial use • Great location at King & Ottawa Streets • $12.00 / sq ft net

Christopher Coupal, Broker of Record, Principal christopher@coupalmarkou.com

Peter Kruschen, Sales Representative peter@coupalmarkou.com

John Markou, Sales Representative, Principal john@coupalmarkou.com

Matthew Dickson, Sales Representative matt@couplamarkou.com Michael Conrad, Sales Representative mike@coupalmarkou.com

James Craig, Sales Representative james@coupalmarkou.com

MLS

• Units 9 & 10 - 9,158 sq ft showcase industrial • Dock level loading, sprinkler • # 5R - 1,386 sq ft warehouse $895/month • $5.50 / sq ft net

1027 KING ST E, KITCHENER

2114_DJW_0089

2114_DJW_0088

• Unit # 203 - 2,000 sq ft first class office space • Fully built out engineering/tech space • Good signage, free onsite parking • $12.95 / sq ft net

• 1,062, 1515 and 3,074 sq ft office suites • On-site parking • Open to all office uses • $8.95 / sq ft net

2114_DJW_0087

• 3,808 & 7,081 sq ft office in north Waterloo • Designer finished, well appointed space • Private offices, boardroom, server room, etc • $11.95 / sq ft net

410 CONESTOGO RD, WATERLOO

MLS

107 MANITOU DR, KITCHENER

2114_DJW_0086

• 1,632 & 2,337 sq ft retail units available • Grocery anchored plaza • Ample parking • $23.00 / sq ft net

99 NORTHFIELD DR, WATERLOO

60 BATHURST DR, WATERLOO

2114_DJW_0085

200-210 KORTRIGHT RD W, GUELPH

• Units from about 2,000 sq ft • Walk to downtown & Victoria Park • Historic building with abundance of character • $12.96 / sq ft net

2114_DJW_0084

2114_DJW_0083

160-170 KORTRIGHT RD W, GUELPH

2114_DJW_0082

496 ALBERT ST, WATERLOO

• 1,000 sq ft second floor office space • 3 large offices & private washroom • Ample onsite parking • $7.95 / sq ft net

MLS

connect

11287249_2114

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

Please say you saw it in The Commercial Investor


Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

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

17


18 businessbarometer

Commercial Real Estate & Business Opportunities

Volume 14 Issue 05

New CFIB data CoNFIrms

labour shortage in hospitality sector, corrects TFW myths

t

he businesses that drive Canada’s economy say there is, in fact, a labour shortage, and those that hire temporary Foreign workers, including restaurants, only do so after looking far and wide for Canadian talent. Survey data from the Canadian Federation of Independent Business (CFIB) corrects a number of misconceptions about labour shortages and how small and medium businesses use the Temporary Foreign Worker Program (TFWP). These misconceptions have added fuel to a public backlash against the TFWP stemming from stories of alleged abuse, and have led government to close off the program to small businesses in the restaurant sector, some of which may not survive without it.

appropriately,” concluded Kelly,“but shutting down access for sectors that need the workers and follow the rules is deeply unfair and will do serious damage to the affected firms.” CFIB is actively lobbying the federal government for an end to the moratorium and will release detailed recommendations. Read a summary of the findings. at cfib.ca. CFIB is Canada’s largest association of small and medium-sized businesses with 109,000 members across every sector and region.

“Eight out of 10 small businesses looking to hire staff in the last three years had difficulty doing so. Among restaurants and other hospitality businesses looking to hire, 85 per cent had trouble,” said CFIB President Dan Kelly.“There are some jobs that Canadians are not flocking to and wages are only part of the story.” Even businesses that turned to the TFWP left no stone unturned looking for Canadian workers first. After expanding their recruitment efforts across the country, 72 per cent increased the wages they were offering before turning to foreign workers (83 per cent in hospitality). Another 55 per cent of hospitality firms introduced or expanded employee benefit programs – a considerable challenge in a sector known for tight margins and high business failure rates. “The notion that employers are hiring temporary foreign workers to save money is, quite frankly, laughable,” added Kelly.“Hiring through the TFWP is complicated, it’s timeconsuming, and much more costly than hiring local. Employers much prefer to hire Canadians if local staff are willing and able to do the job.” Also clear from the survey, small business owners do not condone abuse of the system. When asked, 85 per cent said misuse of the TFWP should result in that business losing access.“Small businesses want the program to be used

Please say you saw it in The Commercial Investor


Volume 14 Issue 05

19

11287195_2114

Commercial Real Estate & Business Opportunities

Southwest Ontario

10630674_2114

RESIDENTIAL • COTTAGE • FARMS • COMMERCIAL • BUSINESS

8143527_2114

Land Exchange Ltd. Brokerage

519-389-3955

Buy With Confidence. Sell With Experience.

Cleo J. DeCoppel

Independently Owned and Operated

Brokerage

Broker

1-866-873-6314 www.decoppel.com

Cell or Text

519-832-7292

decoppel@bmts.com

THE BURGER TRAIL - $495,000

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 GODERICH LOCATION! Ideally suited for restaurant. 1.32 acres, 2,074 sq. ft. building. Parking for 41. Exceptional exposure! Hwy #21 (Bayfield Road) MLS #666372. 1714_DJW_2_0039

$325,000 2114_DJW_0148

2114_DJW_0149

Here is the perfect opportunity to get into the commercial community of Port Elgin and join the area in it’s continued growth. An established food favorite for many years for both the loyal locals and tourists, is available for you to now either continue on with tradition or add your own flair and begin your own tradition. It is a perfect set-up to be run by a family... The well cared for building comes fully equipped, seats 46 and is a turnkey operation. It sits on a large lot that measures 123 feet x 132 feet and offers lots of parking for your patrons. There is highway visibility and it is situated on the South end of Port Elgin, close to Canadian Tire, Walmart and the other various storefronts that are presently in the area and are drawing cards for many people.

DEVELOPMENT POSSIBILITY! 12.6 acres located 2 mins from Goderich. Currently zoned C3. Endless possibilities. Convenient location. MLS#164034. 1714_DJW_1_0040

$139,900

INVESTMENT OPPORTUNITY! High traffic exposure. 2 commercial units + upper 1,400 sq. ft. apartment. A must see! MLS #364998. 1714_DJW_0111

11287374_2114

Please say you saw it in The Commercial Investor


20

Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

11287108_2114

Rob Kilmer Sales Representative

519-633-0600 Southwest Ontario

3 BUSINESSES FOR SALE

2114_DJW_0013

965B TALBOT STREET, ST. THOMAS

2114_DJW_0014

41 SPRINGBANK DR, WOODSTOCK

$175,000

$225,000

Established swimming pool business located in a high traffic strip plaza. Owner presently on a month-tomonth rent however a lease is available at this location. Inventory is extra. owner will release financials to the qualified Buyer’s accountant only. This is one of a total of three (3) businesses available for sale.

Established Swimming Pool business located in a high traffic area. Owner presently as a lease unitl March, 2016. Buyer can assume this lease upon approval by the landlord. Inventory is extra. Owner will release financials to the qualified Buyer’s accountant only. This is one of a total of three (3) businesses available for sale.

2114_DJW_0015

60 BEECH ST, E, AYLMER

$150,000 Established Swimming Pool business located in the Aylmer Industrial Park. The building is owned and available for purchase as listed below. Inventory is extra. Owner will release financials to the qualified Buyer’s accountant only. This is one of a total of three (3) business available for sale.

2114_DJW_0016

60 BEECH ST, E., AYLMER 2400 SQ FT BUILDING FOR SALE

$289,900 The building offers a large bright showroom, handicapped washroom with a mezzanine level above. The warehouse area offers a clear height of 16 feet serviced with a 14 foot overhead door plus an 8 foot access. There is a staff washroom plus a wash-up sink. Constructed with steel clad with a steel roof and is fully insulated. The whole building is heated with a gas fired in floor heating system.

THE OWNER IS WILING TO SELL ALL THREE BUSINESSES PLUS THE AYLMER LOCATION PROPERTY AS ONE COMPLETE PACKAGE.

ROY A. BOYES REAL ESTATE 519.397.0928 boyesre@gmail.com Retirement Home

20 rooms, Full Gross 400K, Ask $750,000

Retirement Home

34 Rooms, Full Gross 800K Ask $1,800,000.

Apartment Building

20 Units, On Grade, Elevator, Ask $929,000.

Apartment Building

43 Units, 300K Gross, Ask $1,7000,000.

Gas Station

Petro, 3 m Litres, 700K store, Ask $1,700,000

Gas Station

Shell, 6m litres, Net 300K, Ask $2,800,000.

Campgrounds Gas Station Plaza Self Storage Gas Station Land

11253208_2114

Windsor, 120 Sites, On Lake, Ask $1,100,000. Esso, Net 160 K 2.2 m Liters, Ask $1,100,000. Blenheim, with Variety store Ask $800,000. Timmins, 235K Gross, Net 145K Ask $1,100,000. 1 ½ acres, Corner, Ask $269,000.

Golf Course

GTA East, 18, Gross 600K Ask $1,500,000.

Golf course

SW Ontario, 18 Gross 450K Ask $1,100,000.

Golf Course

SW Ontario, 18, Range, Gross 800K Ask $1, 800,000.

Please say you saw it in The Commercial Investor


Volume 14 Issue 05

21

Commercial Real Estate & Business Opportunities

LIFESTYLES REALTY LTD. BROKERAGE

ON THE SHORES OF GEORGIAN BAY

DEVELOPMENT OPPORTUNITY.

$379,900

2114_DJW_4_0007

Commercial lot with views of Georgian Bay located across from busy community center and arena in Owen Sound. $299,000

New price. Enjoy Georgian Bay sunsets from this commercial/residential building currently being used as a family restaurant with residence. So many options to consider. Give Sharon a call to discuss.

COMMERCIAL PROPERTY

WORK FROM HOME Possibilities in this fully renovated home with modern finishes.

177937 Grey Rd. 18 Excellent exposure, offices, warehousing with overhead doors and so much more.

$249,900 2114_DJW_2_0058

2114_DJW_6639

Sharon Vanderschot

226-923-0485 sharon@os4sale.com

Broker of Record/Owner

11258272_2114

George Gicopoulos

Sales Representative

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

*Independently Owned and Operated

Southwestern Ontario Businesses/Properties DOWNTOWN WOODSTOCK BUILDING - $389,900 Well maintained, recently renovated property in vibrant downtown Woodstock. Upper level 2800 sq ft for lease and may be divided. Main floor and lower level tenant since 2005. Ideal scenario for owner/user of the upper levels with a great Tenant on the main floor and basement. Roof replaced about 5 years ago. Call George 2114_DJW_2_0092 for details.

STRATHROY $895,000

2114_DJW_3_0032

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

HIGHBURY AVE NORTH LONDON 2.62 ACRES I.7 MILLION

2114_DJW_0152

Great northeast London location ready for development in a fast developing part of the city. Commercial zoning that permits many uses such as Animal hospitals, Automotive, Restaurants, Financial Institutions, Convenience stores, etc, surrounded by new and existing residential and Existing or planned commercial developments. Call for details

LONDON FAMILY RESTAURANT $420,000

2114_DJW_3_0092

Here is your opportunity to own one of the most successful longest running family style restaurant in the city and probably the most well know with a great reputation, great sales and profit. A true London landmark in the hospitality industry. Call George today.

Please say you saw it in The Commercial Investor

8155109_2114

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

2114_DJW_2_0096

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

Restaurants, Pubs & More 1. Family style restaurant near London $285,000. 2. Breakfast & lunch. 70 seats, freestanding. Hwy location $74,500. 3. Hwy Location Family Restaurant $325,000. Many to choose from Big & Small, with or without property. Call George today. He probably has what you are looking for or he knows where to find it for you.

Southwest Ontario

1525 16th Street E., Owen Sound, ON N4K 5N3 519-372-0990 os4sale.com

INDEPENDENTLY OWNED & OPERATED


22

Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

2114_DJW_4_0066

GREAT OPPORTUNITY

WELCOME TO 14 PARKDALE CR, JUST STEPS TO THE GATES OF THE UNIVERSITY OF WESTERN ONTARIO

581-585 Wallace St., Wallaceburg

11% + NET ROI

Building located on Sydenham River in Wallaceburg. 4 rented apartments and one small commercial unit. Call for details. Will hold mortgage with approved down payment. This 1 1/2 storey investment property includes 5 legal bedrooms, with a gross income of $36,000 & a net income of $24,000. This property is in terrific condition & has been well maintained over the years. Updates, include windows, flooring & furnace & A/C. For more details, please 2114_DJW_0146 contact me at 519-672-9880.

$159,900

519-436-7229 or 519-351-1008

519.797.5500 Cell. 519.374.4448

Harold Fenlon

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

One of McIntee’s Top 3 Salespersons

Bus.

Southampton

www.haroldfenlon.ca

MULTIPLE LISTING SERVICE

,4

00

,0

00

8297239_2114

Broker

$1

Southwest Ontario

8471319_2114

myhomes.360photo.ca/7538

9 HOLE GOLF COURSE Par 36, nine hole golf course. 10 acre driving range, fully licensed club house, and 3 bedroom 4 years old house. Strategically located to enjoy the view of golf course and pond. 3 additional buildings used to store golf equipment, carts & repair shop. There are 2 wells on the property. 2114_DJW_0035 2114_DJW_0036 2114_DJW_0037 2114_DJW_0038

Please say you saw it in The Commercial Investor


Volume 14 Issue 05

23

Commercial Real Estate & Business Opportunities

Alex Faux

SaleS repreSentative

519.756.3900

Independently Owned & Operated

11287235_2114

MULTI PURPOSE INDUSTRIAL COMPLEX

Established Paris industrial park 160,000+SF, 2 unit building 7+ acres w/outdoor fenced storage. www.21scottave.com Information package including floor plan available Contact Alex for investments to fit your budget. www.72pearlst .com – www.1374regionalrd19.com NEW! Search unlisted properties on ICI World at alexfaux.com Want to Sell? Free consultation/market assessment Email: alex.faux@century21.ca Website: www.alexfaux.com 2114_DJW_1_0112 2114_DJW_1_0113

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_2114

www.remaxlandexchange.ca $209,900

$1,900,000

Prime 48 acre development site. Commercial/Residential on Hwy 21 in Goderich across from Suncoast Mall and Industrial Park. Environmental Study available. Call for more information. 2114_DJW_0151

$525,000

PRIME COMMERCIAL/ DEVELOPMENT in the centre of Wingham; highway commercial zoning; Environmental Study Available MLS# 262000 Call Listing Agent for full information package.

2114_DJW_2_0137

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. 2114_DJW_2_0077

$385,000

EXCLUSIVE PRIME COMMERCIAL/ DEVELOPMENT property in the centre of Wingham/North Huron; Highway Commercial zoning; Environmental Study Available Call Listing Agent for full information package. 2114_DJW_3_0136

Please say you saw it in The Commercial Investor

DEVELOPMENT SITE 410 Shuter Street, Wingha ZONED and Ready to Go for up to 23 dwelling Units Prime Residential 1.6 Acre Development Close to Hospital and Schools

$325,000

Southwest Ontario

Professional Group Inc. Real Estate Brokerage Commercial Investment Network


24

Commercial Real Estate & Business Opportunities

Volume 14 Issue 05

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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


Volume 14 Issue 05

25

Commercial Real Estate & Business Opportunities

8171399_2114

Re/Max escarpment Realty Inc Brokerage

Valuable 10.06 ac comm. prop in E. Hagersville. 60-90 mins S. of Toronto. Incs 3 bldngs - BLDNG#1-14.000sf w/20 offices, 5 baths, 3 kitch - 3 sep. security zones-incs 4000 sf htd warehouse. BLDNG #2-9400sf-7 bays, ULoffices-rented to quality tenant. BLDNG#3-1800 sf + 1300sf lean- to. Huge pvd lot. Enviro reports avail. Zoned MG. Showings by apptmt only. 2114_DJW_1_0082

1080 HaLDIManD ROaD 20, HaGeRSvILLe $99,900

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

Prime Retail/Comm. property in the centre of dwntwn P. Dover. Sit. on 66’x325’ lot-inc ext. renoed brick/stone building, 2 garages (62’x28’) (22’x31’) w/5 bays, fts 4800 sf retail storefrnt, updtd roof covering, HVAC, electrical, plumbing, display windows-UL 2 bdrm aptmt-$1200/ mnth+utes. Superbly priced! 2114_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. 2114_DJW_2_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.

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

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. 2114_DJW_1_0074

113 MaIn StReet, JaRvIS $289,000

#2 el 00 rc ,0 Pa 299 $

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

Valuable .61ac Nelles corner prop. w/Hwy 3 & Hald Rd. 20 frontage boasts hi-visibility/traffic volume-mins W. of Cayuga. 2 merged parcels. #1-zoned MR w/34x60 post & Beam 2.5 stry barn-ex cond/gorgeous orig. wood int./new steel rf-’12. #2-zoned RH allows for poss single fam dwelling w/24x36 triple car garage w/3drs, conc flr & hydro. 2114_DJW_2_0083

2114_DJW_6600

Calling all developers/contractors/investorslrg 5.2 ac parcel of comm. zoned land loc. at N. end of Jarvis. Irreg. shaped lot w/ ex. visual exposure+mat.tree lined side/rear boundries. Flat accessible site w/mun. water, mun. sewers, n/g, hydro, telephone+cable at or near lot line. Poss. to rezone for residential exists. Buyer to verify permits.

2114_DJW_1_0081

14 ROBInSOn St, SIMCOe $169,500

267 COnCeSSIOn 6, JaRvIS $389,000

Unique private 1ac property on paved rd. Zoned for legal boarding/rooming house. Buyer to verify. Incs 5500 sf reblt-07 institutional designed 2 stry dwelling w/10 bdrms, 5 baths, comm. kitchen, fin bsmt, pvd drive. Thousands spent to meet code incs comm. security sys, windows, floors, water/septic-system-less then 2 hr commute to TO/London. 2114_DJW_1_0014

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

2114_DJW_1_0091

95 QUeenStOn ROaD, HaMILtOn $119,900

Turn key pre-owned auto sales biz. 13 yrs at current location (18 yrs total) lease incs 50’ x 100’ paved lot, 10’ x 20’ htd office trailer - long term lease available. Price incs approx. $90K of pre-owned cars (sold certified @ wholesale price), phone #, clientele lists, ext. signage. No P & L/ No VTB. Lrg inventory = instant cash flow. 2114_DJW_3_0007

Please say you saw it in The Commercial Investor

Hamilton

4011 HIGHWaY 6, HaGeRSvILLe $1,975,000


26

Commercial Real Estate & Business Opportunities

Please say you saw it in The Commercial Investor

Volume 14 Issue 05


Volume 14 Issue 05

27

Commercial Real Estate & Business Opportunities

Mark WasileWski BRokER

905-945-1234 | mwasilewski1@cogeco.ca

Niagara Real Estate Centre Brokerage, Independently Owned & Operated

11287260_2114

RARE FIND COMMERCIAL AND RESIDENTIAL 2114_DJW_0129 2114_DJW_0130 2114_DJW_0132

11273535_2114

Hamilton

2114_DJW_6131

Unique investment for your business opportunity and residential. 5000 square foot commercial/light industrial building in a high traffic location and high visibility. Two floors. Positive rental income. Home has 3 bedrooms, 2 bathrooms, over 1500 square feet of living space. Both levels are self-administered

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

“CONTRACTORS/SERVICE SPECIAL”

905-570-9997

1-855-570-9997

EMAIL

STONEY CREEK

EAST MOUNTAIN

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

al@alcosentino.com CENTRAL HAMILTON

Approx 2200 sq ft w/ restore area, paint spray booth area (hard to get licence) body repair area. Front compound/ office. Rear garage door access & more. “Make Al your #1 choice!”

SOLD ION ON CONDIT $

“DEVELOPMENT SITE”

OR MAKE AN OFFER

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!

529,997

EAST HAMILTON

2114_DJW_6042

EAST MOUNTAIN

“AMAZING PRICE”

89,997

$

50 X 99.87 lot w/storage build- OR MAKE AN ing approx 1560 sq ft. Only hydro. OFFER “K” industrial zoning was residential house on it - Lot of record. Easy access. Make Al your first choice to get it done! 2114_DJW_1_0035

799,997

$

2114_DJW_1_0136

“AMAZING BODY BUSINESS”

EAST NORTH HAMILTON “INVESTMENT/PERSONAL USE”

“AMAZING CORNER FOR PROJECT”

499,997

$

Corner exposure high traffic OR TRADE/ used as car lot or for many other CASH uses. Zoned “H” Commercial 145 x 100 development project. Ask for Al’s online marketing today. 2114_DJW_1_0066

219,997

$

OR BEST Industrial garage warehouse approx 2300 sq ft w/grade loadOFFER ing 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! 2114_DJW_1_0017

$ 479,997 OR SELLER WILL HOLD 1ST MTG 2114_DJW_3_0009

STONEY CREEK MOUNTAIN “AMAZING VACANT 2 ACRES”

499,997

$

Approx 2 acres irreg vacant OR MAKE AN flat land zoned rural industrial. OFFER Excellent future development. Great investment to hold. Growing area. Make Al your #1 choice! 2114_DJW_1_0131

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


28

Commercial Real Estate & Business Opportunities

Volume 14 Issue 05

How well do you know

OntariO’s laws and regulatiOn tHat govern investment properties?

Hamilton

T

o be a successful real estate investor in Ontario, one should have a good grasp of some of the rules, laws and regulations applicable to investment properties. This article addresses some of the obscure laws and regulations that all investor should be aware of. DiD you know? 1. If a rental unit in Ontario was built or first occupied after November 1st, 1991, the legislated rental guideline increases are not applicable. This is advantageous for an investor with a building with low rents. The rents can be increased to what the market will bear and not what the government allows. 2. There is no such thing as a Retro-fit Certificate from the fire department in Ontario. It is called a Certificate of Compliance. The Fire Marshal is the principal adviser to provincial government on public fire protection policy and fire safety issues. The Fire Marshall is responsible for the administration of the following provincial legislation that promotes fire protection, fire prevention and public safety in Ontario: • the Fire Protection and Prevention Act, 1997 (FPPA), and • the Fire Code, a regulation made under the act that governs fire safety standards for equipment, systems, buildings, structures, land and premises in Ontario 3. An Ontario purchaser can terminate a tenancy at any time upon 60 days clear notice if the rental unit is required by the purchaser or the purchaser’s immediate family. In calculating the notice period, one does not count any days in the month that notice was given. If there is a lease, the termination cannot be earlier than the termination date of the lease. This early termination provision is not available if the building contains more than 3 residential units. 4. Ontario laws now require all municipalities to permit basement apartments in homes. In 2009, the Ontario government began developing a long-term affordable housing strategy. Public consultations were held across Ontario. In 2010, the Ministry of Municipal Affairs and Housing released Building Foundations:

Building Futures, Ontario’s Long-Term Affordable Housing Strategy (LTAHS). As part of the strategy, Bill 140: Strong Communities through Affordable Housing Act, 2011 was introduced to Provincial Parliament on November 29, 2010 and received Royal Assent on May 4, 2011. The following are a few of the requirements for a legal basement apartment; however, for complete list, discussions should be had with the applicable building department. (1) The house must be at least 5 years old. (2) The front of the house cannot be significantly altered to change its appearance from that of a one unit building. (3) Basement apartments must be smaller than the main dwelling apartment unit. (4) The minimum ceiling height is 6’5”. Ceiling must be continuous. The furnace room ceiling must be dry walled or plastered. (5) Doors must be solid wood or metal with a minimum thickness of 1.75”. Windows must be within 3’ of ground level, and, if there is window well, it must extend at least 3’ from the house wall to allow room to crawl out. (6) Bathrooms must have a window or fan. (7) A building permit is required before construction begins. In many cases, an additional parking space will be required for the new basement apartment. If there is a parking space for the upper apartment, there must also be a parking space for the basement apartment.

5. Landlords cannot advertise that they will require more than first and last month’s rent in advance of the tenant moving in. This includes any security deposit. If the tenant offers to pay extra money up front, make sure that it is clear that the offer is coming from the tenant. This could include a deposit to cover any damages or clean the unit when the tenant wants to bring a pet. Tenants need to keep a receipt for the payment as proof that the amount was paid, in case it is ever challenged later by anyone. Dino Nicosia, Broker of Record Investpro Realty and Appraisal Ltd.

Please say you saw it in The Commercial Investor

8171452_2114


9558936_2114

And Appraisal Ltd. Brokerage

The Apartment Building Specialists

Broker of Record

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

Kandy Thompson,

Sales Representative

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

al

ld n so itio d on

c

6 UNITS, WEST HAMILTON

ld

2114_DJW_1_0109

2114_DJW_1_0108

24 CONDOS IN FORT ERIE

so

Tenants pay for own utilities. Good condition. 6 Buildings with 4 untis per building. Centrally located in For details visit our website. Fort Erie near Q.E.W., Hospital and across from the Fort Erie, Racetrack/Casino. For details visit our website.

2114_DJW_3_0054

6 UNITS, EAST HAMILTON

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

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

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

8 CONDO TOWNHOUSE COMPLEX, EAST HAMILTON 2114_DJW_3_0084

e

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

2114_DJW_0137

12 UNITS, HAMILTON ic

th ve or ri w ed th

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

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

pr

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

2114_DJW_4_0057

2114_DJW_1_0059

odlow go hf s ca

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

46 UNITS, DUNVILLE

19 UNITS, HAMILTON

2114_DJW_1_0110

“Your investment partner for life”

Dino Nicosia,

www.investprorealty.com

2114_DJW_2_0071

Investpro Realty

w ne

29

Commercial Real Estate & Business Opportunities

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

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

Hamilton

Volume 14 Issue 05


30

Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

9742018_2114

COSMO COSTA 905-662-6666

“Your Investment Property Specialist”

STATE REALTY BROKERAGE

Centrally lctd all brick contr legal nonconforming triplex consisting of 2-3 bdrm units. Updtd plumbg & elec panle, 100 amps. Rear steel fire escape. Many other updts have been done. TOTAL INCOME = $29,100 NET INCOME = $23,040

Within the grid of Downtown solid legal 4 plex consisting of 3-1 Br & bachelor. Many recent renovations. Roof reshingled 5 years ago, furnace also 5 yrs new, all updated wiring and plumbing. Seller will assist w/financing. TOTAL INCOME = $29,100 NET INCOME = 1314_DJW_1_0087 $22,164

Centrally located large four family home with separate hydro meters, large 2 car garage at rear of property. Nice rear yard. All separate entrances. Zoned legal non confirming 4 units. For more detail contact Exclusive Sales Representative Cosmo Costa. 1314_DJW_2_0003 1314_DJW_1_0089

Pride of ownership best describes this investment bldg consisting of 2-2 brs, 2-1 brs, 1 bachlr unit. Solid brick constr. Updated plumbing & electrical services. 4 hydro meters & steel rear fire escape. This property must be sold together w/823-825 King E. as a package. TOTAL INCOME = $34,560 NET INCOME = $27,724.93 Excellent 5 unit bldg on a main route. Consisting of 4-1 bedrm & 1-2 bedroom units. Solid construction w/3 hydro meters. Contact listing sales rep. for info on these 2 bldgs. They have to be sold together w/827 King as a package. TOTAL INCOME = $34,560 NET INCOME = $27,724.93

1314_DJW_1_0085

Centrally located legal duplex that has been totally renovated. Reshingled roof 2013, electrical & plumbing updated, separate entrances. A real pleasure to show. TOTAL INCOME = $20,400 NET INCOME = $15,516

Corner property consisting of commercial unit w/4-2 bedroom units, 5 hydro meters. Gross Income of $81,900. N.O.I. $65,522. Contact Exclusive Sales Rep, Cosmo Costa 2114_DJW_0019 1314_DJW_1_0088 905-662-6666.

STONEY CREEK (WINONA)

OAKVILLE CONDO RETAIL PLAZA

Large Commercial corner property consisting of 2,000 sq ft; commercial space large 2,000 sq ft. 4 bedroom apartment. Large garage with hydro. Separate meters, ample parking, new roof. Large 117’ x 103’ lot and more! Contact Exclusive Sales Rep, Cosmo Costa 905-662-6666

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

10339498_2114

PRINCIPALS ONLY PLEASE FOR

FURTHER INFORMATION:

JOHN HRYCZYNSKI BROKER

(905) EMAIL:

REAL ESTATE BROKERAGE COMMERCIAL

240

JOHN@BBSREALTY.COM

WWW.BBSREALTY.COM COMMERCIAL REAL ESTATE

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

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

EAST HAMILTON - MIDTOWN Retail and residential investment property in mid-town area. Located on busy Main St. Excellent exposure. Building has 3 retail units & 2+1 bdr. apt. Ideal for Owner/User. 2673 sq ft retail unit available for owners use or Lease. Retail units have full usable basements. Apartment requires upgrades. Possible VTB mortgage. Current Proforma net rent est. $57,871. Asking $650,000. Call for details.

INDUSTRIAL BUILDING FOR SALE

RETAIL/OFFICE FOR LEASE

RETAIL/OFFICE FOR LEASE 1714_DJW_3_0066

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

1714_DJW_0133

1714_DJW_2_0064

BUILDING FOR SALE/LEASE

1714_DJW_3_0088

INVESTMENT PROPERTY FOR SALE

529-5900 X

1714_DJW_0132

Hamilton

EXCLUSIVE 4-PLEX

SALES REPRESENTATIVE

www.cosmocosta.ca

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

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

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

Please say you saw it in The Commercial Investor


Volume 14 Issue 05

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

WEST HAMILTON NEAR MCMASTER UNIVERSITY - 9 BR STUDENT RENTAL BLDG

$487,900 Great student rental bldg, purposely built in 1993, 9 bdrm set up with large common area kitchen & LR. Laundry in basement, 3 levels of fine finished space. Walking distance to McMaster University & hospital. Same owner since 1993.

2114_DJW_0020

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,e xcellent 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. 2114_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 2114_DJW_2_0044 bathroom fixtures.

NG MI N O C OO S

$597,900

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

2114_DJW_1_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 2114_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

$1,295,000

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.

2114_DJW_1_0042

HAMILTON CENTRE - 3 STORES/3 APTS

$449,900 Excellent corner building. Lots of improvements 3-2 br apts. Completely renovated. All untis have independent heating and hydro. Across from McDonalds and near Ivor Wynne Stadium.

2114_DJW_1_0048

SOUTH CENTRAL - 8 1 BR UNITS

$665,000 Open concept kitchen/LR, balconies, hardwood floors. Units totally constructed new in 2002 - 2003. Separate heat, hydro & water tanks per unit. Efficient aqua furnaces combining hot water & heating system. Roof replaced in Oct 2010 as per Seller’s records. Tenants pay all utilities.

Great location. 12,000 SF - 6 commercial units at Ground Flr plus roof sign & 8 apt units above with separate heat & hydro constructed approx. 20 yrs. ago. Ground flr. Commercial includes fully equipped restaurant to be leased & laundromat operated by owner. Part of possible land assembly 752 King Street East and 734 King Street East presently for sale. Close to downtown. LOT 2114_DJW_2_0084 SIZE: 107.3 FT X 158 FT.

HAMILTON DOWNTOWN DEVELOPMENT SITE

$795,000

2114_DJW_2_0076

HAMILTON CENTRE 8 UNITS

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

2114_DJW_1_0083

Please say you saw it in The Commercial Investor

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

D

SOL

2114_DJW_1_7000

8471320_2114

HAMILTON INCOME PROPERTIES

Hamilton

Cell:


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Commercial Real Estate & Business Opportunities

Volume 14 Issue 05

11277225_2114

Hamilton

businesssavvy

A CGA can help your small business 1. Sound Advice: A certified general accountant (CGA) sees the big picture provides sound advice your business needs. You are the expert in your business; and a CGA is the expert in accounting, finance, taxation and business management. Together, the two of you will anticipate, prevent and solve problems. 2. Succession planning: The difference between selfemployment and business ownership lies in knowing your business can succeed without you. Succession planning ensures your business is self-sufficient. A CGA will help you develop a sound succession plan. 3. Business startup: When you decide that it’s time to make your dream a reality, a CGA will help set up the most appropriate entity for your business: a sole proprietorship, partnership or corporation. 4. Software installation and training: A CGA will take the time to understand the information technology needs of your business, assisting in the evaluation of functionality, cost and portability, and create the right software environment for your business through installation, configuration and training. 5. Systems implementation: Proper systems can make the difference between chaos and order. A CGA will help you to identify and evaluate systems such as record keeping, document retention, asset protection and information controls.

6. Estate planning: Estate planning is important. A CGA works with you and your lawyer to ensure that designated beneficiaries receive the maximum benefit from your estate. 7. Financial planning: Whether it’s investment advice or cash flow projections for your growing business, a CGA will provide the sound financial planning you require to get you to your goal. 8. Controllership services: You need a CEO. Many CGA firms offer part-time controllership services. They will provide hands-on advice about financial controls and procedures, assist in month-end processes and help ensure your business is in compliance with regulatory agencies. 9. Accounting services: CGAs offer a wide range of accounting services, from compiling your financial results on an interim or year-end basis, to payroll administration, tax compliance, cash management, projections and bill payment, plus analysis, assessments, calculations and reviews. 10. Tax planning and preparation:Tax planning and preparation is an integral part of the financial planning process. A CGA will help you minimize the taxes you pay – now and in the future – whether you’re an employee or self-employed, an investor or small business owner, a farmer, student or landlordl. NC More information or access to other small business resources is available online at cga-ontario.org or toll-free at 1-800-668-1454.

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Commercial Real Estate & Business Opportunities

Hamilton

Volume 14 Issue 05

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34 businessbarometer

Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

Telecom: LACK OF CHOICE, POOR CUSTOMER SERVICE HURT SMALL BIZ Highlights: Telecom providers take more and give less, hurting small biz Nearly 50 per cent of SMEs dissatisfied with current service options service has not improved since 2008. In fact, almost half (47.1%) of small business owners feel there is not enough competition in the wired internet services market, followed by 44.3% for wired telephone service, and 40.9% for wireless telephone service. This means many small business consumers feel they are not being adequately served by the providers in their area.

L

imited competition and poor customer service among telecommunications providers hurt the productivity of small businesses, according to the Canadian Federation of Independent Business (CFIB). While most SMEs use internet and wireless technologies more than ever to run their business, current options – or a lack thereof – are a growing cause of concern. CFIB is publishing this research in light of today’s 17th Biennial

National Conference – New Developments in Communications Law & Policy, hosted by the Law Society of Upper Canada and the Canadian Bar Association. “Small businesses rely on internet and wireless technologies to compete in an ever changing and increasingly interconnected economy,”said Corinne Pohlmann, Senior Vice-President of National Affairs.“With only one provider available in some regions, small businesses have no choice but to contract with them, or do without these services completely. That’s no way to run a business, especially if you want to stay competitive.” CFIB survey results show that small business satisfaction with high speed internet, wired and wireless telephone

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“Less choice means small business owners face higher prices and lower levels of service,” said Monique Moreau, Director of National Affairs and author of the report.“And that directly affects productivity.”As the industry moves towards connecting Canadians across the country, CFIB encourages providers to ensure they include small business consumers in their plans. The survey also revealed that customer service continues to be a problem for small business consumers.“Customers should have the ability to opt out of contracts when customer service issues are not met,”said Peter Anderson, a small business owner from Hamilton, Ontario. “There are (also) many fees charged that are not disclosed on a regular basis... it takes too long to get a warm body to address your issue in customer service to make it worth arguing.” For more information or to arrange an interview with Corinne Pohlmann or Monique Moreau, contact Gisele Lumsden at 416-222-8022 or email public.affairs@cfib.ca. CFIB is Canada’s largest association of small and medium-sized businesses with 109,000 members across every sector and region.


Volume 14 Issue 05

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Commercial Real Estate & Business Opportunities 8646600_2114

state realty brokerage independently owned and operated SER V

G IN

O UR C O M

M

ITY UN

987 rymal road east hamilton, on, l8W 3m2

FOR OVER 40 YEARS

905-574-4600

george kyprianou

sales representative

LOTS OF PARKING Solid H Commercial property on the corner. Approx 2700 sq ft with high ceilings and finished basement. It used to be a bank. Vendor anxious. Call George Kyprianou for more information. 905 574-4600.

L IA RC G E N MM DI CO BUIL

2114_DJW_2_0016

Just west of Walmart, beside the Egg & I. Strip plaza. High traffic, has lots of potential. The space was used as Women’s Fitness. It would be good for office or retail. It is 3,000 sq ft. To view call George Kypraniou at 905 574-4600.

R

TE

AS

C AN

Hamilton

SPACE FOR LEASE

2114_DJW_2_0015

WELL ESTABLISHED SOLE EXOTICA TANNING SALON - PROFITABLE BUSINESS YEAR AFTER YEAR

Well Established business open for 15 years. Lots of parking and a good client base, high density, residential neighbourhood, high traffic location Great reputation. Excellent condition, easy access to all amenities, banks, hwy, transit, Shows well, very clean. Do not go direct. Call agent for more details. 2114_DJW_0105

8181662_2114

Ramzi Twal Sales Representative

PINNACLE REAL ESTATE

CONVENIENCE WITH PROPERTY Excellent opportunity to own & operate a business with building & 4 Bedroom apartment. Good family business set up. Land is 150’ deep with lots of parking. Business has been operated for decades. Busy street & good exposure on Hamilton Mountain. Many apartment buildings on street. Do not go direct. Showings by appointment. MLS #H3131847.

$439,900

2114_DJW_0002

2114_DJW_0001

ramzi@ramzitwal.com | www.ramzitwal.com 775 Upper Wentworth St. Hamilton ON

SUPERMARKET Well established neighbourhood supermarket & Deli take out food. Can be purchased with the building. High traffic location with schools & churches nearby, great exposure with prominent signage, 20 car parking, corner location, steady stream of regular shoppers. DO NOT GO DIRECT. MLS #H3128371.

ASKING FOR BUSINESS $99,900 + STOCK Please say you saw it in The Commercial Investor

2114_DJW_0003

BROKERAGE Each Office is Independantly Owned and Operated

905.388.1110 / 1.877.938.1110

HAMILTON CAR LOT Well exposed lot next to RONA and Tim Hortons on a busy street with access to QEW. Has been used as a car lot for many years. Tailer running width of property with offices included. Trailer with offices measures approx. 48’ x 10’. Lot approx. 52’ X 100’ MLS #H3131191.

ASKING $129,900


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Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

8171318_2114

HAMILTON CENTRAL 60 UNITS

HAMILTON CENTRAL 4 PLEX

HAMILTON CENTRAL 15 UNITS

D

L O S

E

IV

S LU

XC

E Beautiful Victorian triplex in desirable SW location at Locke St. Buyer to do own due-diligence. Fully rented. 6.2% CAP. Asking $379,900. MLS# H3132713 2114_DJW_0106

58 + 2 units south central Hamilton (31 - 1 bed, 28 - 2 beds, 1 bachelor). Adjacent buildings, 3 storey walk up in good condition with lots of parking. Gross income approximately $500,000. CMHC Financing in progress. Anticipated rates below 3% for a 5 year term. Small VTB second mortgage possible. Asking $65,000/unit.

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

2114_DJW_1_0095

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

2114_DJW_2_0097

2114_DJW_1_0099

William Hicks SALES REPRESENTATIVE

williamjoelh@gmail.com OFFICE: 905-335-3042 Ext 579

Burlington Golden Horseshoe

Office - Industrial - Retail

BURLOAK REAL ESTATE SERVICES BROKERAGE INDEPENDENTLY OWNED & OPERATED BROKERAGE

CORA - BREAKFAST AND LUNCH

Bright and airy two room office space, with an open concept floor plan. Wonderful location for small professional business in Burlington. High traffci area, close to highway and amenities. Call William today!

For Sale. Golden Horseshoe location. High traffic loyal clientele. Established in 2009.

2114_DJW_1_0009

2114_DJW_0007

FOR LEASE

WANTED

MEDICAL OFFICE SPACE

2114_DJW_0008

Hamilton

HAMILTON WEST - TRIPLEX

1,522 sq. ft. of fresh looking medical office space. Previously used as a hearing clinic and well suited for medical users. High traffic clean plaza in developing area. Current low rate of $16.50 (net) till 2017. Private offices and open reception area, with a great flow. Would work well as financial office or small business. Call William today!

• Buildings zoned for Church groups in Burlington, For sale or for lease. • Building for institutional user in Burlington, Flamborough.

Call William today! 11287063_2114

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Commercial Real Estate & Business Opportunities

LOOKING FOR PARTNERS GHC is looking for Investment Partners immediately. • We focus on Retail Properties in Ontario • We have over 15 years experience in Hamilton

Commercial Real Estate • We target Commercial only, NO residential tenant headaches • We have a large inventory of off-market properties

Principals only. No Realtors please.

partner@goldenhorseshoecapital.com

brokerage

8310857_2114

VIBRANT LOCKE STREET VILLAGE!!

DOWNTOWN CORE!

$10.50 PER SQUARE FOOT

$5,500 PER MONTH Spacious mlvl com OFFICE &/or RETAIL space w/approx. 2300 sq. ft. Includes: reception, meeting room, 6 ofc areas, washroom & kitch! Glass walled board rm, prkg for 2 cars. Right in the heart of Locke St... PRIME PUBLIC EXPOSURE! 2114_DJW_0139 2114_DJW_0140

Please call Colette Cooper, Broker at 905-522-3300 or email cooper@judymarsales.com www.colettecooper.com

PRIME office space in DOWNTOWN CORE! Corner of KING & JAMES in excellent office tower! Well maintained and updated with improvements including elevators. Many prestigious tenants in building. Close to all amenities & City Hall, financial insititutions, 2114_DJW_1045 2114_DJW_0141 government offices.

Larry Szpirglas, Broker/Manager at 905-648-6800 or email szpirglas@judymarsales.com

Please say you saw it in The Commercial Investor

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2114_DJW_0128


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thetaxman

Commercial Real Estate & Business Opportunities

Volume 14 Issue 05

The Smith Manoeuvre: deducting mortgage interest

O

While this may not by itself create financial freedom, imagine receiving these savings year after year – with minimal effort required. Imagine the impact of a higher interest rate or larger mortgage.

Your tax savings will vary based on where you live in Canada, your income level and the amount of interest you pay. As a quick example, though, with a mortgage of $200,000 at 4.5 per cent, your tax savings could be approximately $3,000 per year.

A variety of versions of the plan exist, and vary in aggressiveness and implementation to suit your needs and comfort.

ne of the largest expenses we have tends to be the mortgage on our home. Following traditional rules, we are limited to deducting, at best, a small percentage of the interest where we use a home office for business purposes. However, using non-traditional planning, we are able to deduct potentially 100 per cent of the interest costs.

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39

Commercial Real Estate & Business Opportunities

A popular nickname for describing some of the possible techniques is the “Smith Manouevre,” coined by Frasor Smith. A variety of versions of the plan exist, and vary in aggressiveness and implementation to suit your needs and comfort. With a Supreme Court decision related in part to questions surrounding the appropriateness of interest deduction plans, tax advisors have largely been given the green light to help clients restructure their affairs in an optimal fashion. In its simplest form, these interest deductibility techniques allow homeowners the ability to convert the non-deductible portion of the interest on their mortgage to fully deductible over a period of time. The period is typically several years, however, your financial situation and aggressiveness may dramatically decrease this time. A variety of mortgage products provide the ability to divide your mortgage into at least two segments, which allows you to track the interest expense on these segments separately. Your total mortgage will typically be set at 75 to 80 per cent of the value of your home. If you are permitted a total mortgage of $200,000 on your home, you may start with the “bad” portion (non-deductible) of the mortgage at this $200,000 and the “good” portion (deductible) of the mortgage at zero. As you make payments on the mortgage, your principal on the bad mortgage will decrease, leaving you additional room to borrow on the good debt. In other words, your total mortgage may still be $200,000, however, it is divided between good and bad debt. So, what do you do with this good debt? You invest. Traditionally, this was thought of as an excellent vehicle to acquire mutual funds and similar investments. However, this may be a great opportunity for you to go beyond that and invest in your business. You may be able to shorten the conversion time of your bad debt where, for example, you have non-registered financial assets that can be sold and the proceeds used to pay down some bad debt. Tax refunds, inheritances, unexpected sources of funds, extra mortgage payments are further ways of speeding up the conversion. While restructuring must be done properly, your efforts will be rewarded. Talk to your tax, mortgage and investment advisors to determine whether such a plan can work for you and that you are comfortable with the full implications. Also, work closely with your mortgage advisor as you pay close attention to the features of the mortgage product that you use to ensure you have the required flexibility to accomplish your goals. There are significant differences between the products beyond the interest rates which command your attention. This article is brief in nature and omits many important details that may dramatically change how financial plans may affect your particular situation. This should not be considered tax, investment, business or similar advice. Before implementing

thetaxman

any plans, always discuss in full with your tax advisor and other relevant advisors.

Talk to your tax, mortgage and investment advisors to determine whether such a plan can work for you and that you are comfortable with the full implications. Also, work closely with your mortgage advisor as you pay close attention to the features of the mortgage product that you use to ensure you have the required flexibility to accomplish your goals. GeorGe e. Dube,

CA, CPA, LPA, is a veteran real estate investor and Chartered Accountant whose practice with his partner, Peter Cuttini, Dube & Cuttini Chartered Accountants LLP, focuses on providing the knowledge and tools clients from across the country and around the world. George is a frequent guest speaker, addressing a variety of tax and accounting topics, he has written and contributed to articles in national and regional publications and co-authored two books: 81 Financial and Tax Tips for the Canadian Real Estate Investor: Expert Money-Saving Advice on Accounting and Tax Planning and Legal, Tax & Accounting Strategies for the Canadian Real Estate Investor. He also developed the accountant in-a-box program for real estate investors. George is a member of the Real Estate Investment Network (REIN) Faculty.

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40

Commercial Real Estate & Business Opportunities

Volume 14 Issue 05

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 05

41

Commercial Real Estate & Business Opportunities BARRIE - RETAIL SPACE FOR LEASE 1,250 or 2,500 sq. ft. retail space. Separately metered units with individual HVAC for each. 14’ ceilings. Recently updated building with excellent insulation and low operating costs. Three minutes to Hwy 400. Located at signalized corner of Tiffin and Innisfil Street. Regular service by several Barrie Transit routes. 400 meters to Allandale Waterfront GO Train Station. For lease - $8.95/sq.ft net with low TMI of $3.40. sq. ft. MLS# X2864741 AND MLS# X2864676

1714_DJW_0001

BUSINESS PARK DEVELOPMENT LAND 87.26 acres at the north-west corner of Hwy 10 and Hwy 89 in Mulmur. Flat land designated Industrial/Commercial in the OP with three zoning designation (Business Park Gateway, Core and Transition). Zoning By-Law ready in draft form and supported by municipality. Hwy 10 gives this site excellent access from Toronto, Hwy 89 provides access to Hwy 400. 5 minutes to Shelburne, 20 minutes to Alliston, and under 1 hour to Toronto. Low DC’s of $2.76/ sq. ft. (combines Country and Municipality). $2,600,000 ($30,000/acre). See: www.primrosebusinesspark.com MLS# 2589650 1714_DJW_0002

BUILDER WANTED FOR EXCEPTIONAL RETIREMENT SUBDIVISION - 848 NORTH SYKES STREET, MEAFORD 33 Acre Site, Draft approved for: – 120 attached bungalows, 200 condo apartments; Club House; walking paths in beautiful forest. – 2.5 acre Retirement residence site and 2.5 acre commercial site also available.

FOR LEASE - 120 INDUSTRY STREET, TORONTO 16,670 or 17,546 sq, ft, including 5046 sq.ft. of A/C office space. (Total: 34,564 sq.ft.) industrial space. Excellent location just off Black Creek Drive near Eglinton. Minutes to Hwy 400 and Hwy 401. Extremely low TMI. 15’ clear ceiling height. Bay size is 50’ by 30’. 4 truck level doors - Drive-in possible, ample turning radius. Fenced in compound. Saw-tooth roof provides plenty of natural light (usually no need for the warehouse lights). TTC bus stop at door. Excellent transportation and access to great labour pool. $4.50 or $5.25/sq.ft. net + $1.82/sq.ft. TMI. MLS # W2806716 AND MLS #W2806720

1714_DJW_0004

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

MLS# E2751071

1714_DJW_1_0017

RETAIL PLAZA FOR SALE

Oakville – 21,000 sq. ft. – No vacancy , 40% national tenants. $8,995,000 Cap Rate of 5.66%

905.882.8800 Pierre Boiron

Claude Boiron

Sales Representative

Broker

pierre@rementor.ca

TERREQUITY REALTY, BROKERAGE Independently Owned and Operated

Please say you saw it in The Commercial Investor

claude@rementor.ca 11275155_2114

Greater Toronto Area

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


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Commercial Real Estate & Business Opportunities

Volume 14 Issue 05

Mounir Saghie BROKER

Office:905-619-9500 Direct: 647-505-9867

Sutton GroupHeritage Realty Inc., Brokerage

E-MAIL: MSAGHIE@SUTTON.COM

BARRIE: TURNKEY INVESTMENT!!! 9 UNIT TOWNHOUSE COMPLEX CLOSE TO DOWNTOWN. 8 X 3 B/rms and 1 x 4

B/rms, All equipped with Separate meters. Tenants pay own utilities. All units have basements. Each unit assigned its own parking space. Greater Toronto Area

Mortgage is Assumable!! Easily self-managed!! NOI $98,000 *CAP RATE: 6.54%/ASKING PRICE: $1,499,000* INNISFIL

BRADFORD

Established retail plaza With 2 x 3 bedroom residential units . All

Tenants have separate Meters. 2 Fridges, 2 Stoves, 1 Washer Gross Income $48,132

9 Units- 3x1 Bdrm and 6x2 Brms. High demand Area. 8 garage spaces & 3 s/face p/king. Lockers. Very well maintained. ASKING: $599,900

ASKING: $1,298,880

Lindsay Rare find. Strip Plaza with 6 Comm. Units in the center of town. 3 Tenants are National Franchises including Mary Brown Chicken, First Choice Haircutters and Sanderson Monuments. 29 Parking spots, Roof and Paving Done in 2010. Over 6% CAP

Net Income $140,000

ASKING: $2,200,000

FOR A SUCCESSFUL SALE AND QUALITY SERVICE, CALL ME. LET’S TALK. Not intended to solicit those already under contract.

11274591_2114

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Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

43

INVESTMENT PROPERTY • Fully leased plus parking income • Steps to a Bloor line subway station • NOI: approx. $355,000 • Asking: $7,250,000

Pierre Gagne, Broker of Record

Tel: 416.955.1885 x 228

Petrus Commercial Realty Corp. Brokerage 11287059_2114

PhaseOne PhaseTwo SiteRemediation Environmental Site Assessments

8297113_2114

For ~ purchasers ~ vendors ~ realtors and lenders

Borehole Drilling Soil Sampling Groundwater Testing

Underground Tanks Asbestos Removal Demolition

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

905.825.2943 871 Equestrian Court, Oakville

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

Greater Toronto Area

PGagne@PetrusRealty.ca


44

themarket

Commercial Real Estate & Business Opportunities

Volume 14 Issue 05

SCotiabank: Canada’s Housing Market transitioning to slower growtH

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anada’s long housing cycle is turning and the impact of a softening market will be felt broadly, according to a Scotiabank report released recently. Residential investment stalled last year, as affordability constraints tempered home sales, and builders scaled back the number of new developments.

“Housing is a large and integral part of the Canadian economy and has been a major driver of growth over the past decade,” said Adrienne Warren, Scotiabank’s senior economist who presented at the recent annual Scotiabank Real Estate Market Outlook Conference in Toronto. “The fastest growing segment has been renovation spending,” added Ms. Warren.“Fuelled by rising home prices, tight resale market conditions, attractive financing costs and government tax credits, real renovation outlays increased at an average annual rate of over six per cent from 2000 to 2012. “This is double the three per cent average annual increase in new construction, and three times the two per cent yearly growth in transfer costs,” she said.“These record outlays have increased the quality of the housing stock, and contributed to price appreciation.” Highlights in the report include: • Employment growth in housing-related sectors has consistently outperformed national hiring trends over the past decade by a sizeable margin • Housing assets have generated $1.7 trillion in net new wealth for Canadian households since 2000. This is a major change from the 1990s, when Canada’s relatively weak housing market generated only $324 billion in household wealth creation. • Resale activity is expected to edge lower in 2014-2015. Rising mortgage rates, combined with high home prices and stricter

mortgage regulations, will strain affordability, especially for first-time buyers in major urban centres. • Apart from construction, industries most affected by a housing slowdown include manufacturing, retail and wholesale trade, finance, insurance and real estate, and professional and technical services. Canada’s Housing Market Transitioning to Slower Growth Canada’s long housing cycle is turning. Residential investment stalled last year, as affordability constraints tempered home sales, and builders scaled back the number of new developments. We expect the sector will remain on a more subdued trajectory over the next several years, imposing a modest drag on output growth. Housing is a large and integral part of the Canadian economy. Residential investment, which includes new construction, renovations to existing dwellings, and ownership transfer costs such as real estate commissions and legal and appraisal fees, totalled $128 billion last year. The largest share of investment comes from new construction (45 per cent), followed by renovation spending (37 per cent) and transfer costs (18 per cent). Housing has been a major driver of growth over the past decade. Residential investment expanded at an average 4.2 per cent annual rate from 2000-2012, almost double overall GDP growth of 2.2 per cent. The sector directly contributed almost 0.3 percentage points annually to real GDP growth over this period. Residential investment accounts for close to a 7 per cent share of overall output – the highest among the G7 economies and more than double the comparable U.S. ratio. The fastest growing segment has been renovation spending. Fuelled by rising home prices, tight resale market conditions, attractive financing costs and government tax credits, real renovation outlays increased at an average annual rate of over six per cent from 2000 to 2012. This is double the three per cent average annual increase in new construction, and three times

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Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

the 2 per cent yearly growth in transfer costs. These record outlays have increased the quality of the housing stock, and contributed to price appreciation. Housing also generates significant spillovers to a range of other goods and service industries. Homebuilders and renovators rely on wholesalers and manufacturers to supply building materials, heating and cooling systems, and household appliances and fixtures. New construction requires engineering services for land and infrastructure development. Existing home sales generate substantial ancillary spending for retailers and manufacturers of household goods, movers, and financial and real estate service providers. Quantifying the size of these indirect economic benefits is challenging, and depends, among other factors, on labour market conditions, the prevailing interest rate environment, and the extent of import leakage. Analysis based on inputoutput tables has typically yielded an output multiplier of around 1.5, implying a $1 billion investment in housing (through new construction, renovations and/or resale activity) generates a $1.5 billion increase in real output across the economy. Combining direct and indirect impacts, and housing’s contribution to annual GDP growth from 2000-2012 is probably closer to 0.4 percentage points. These estimates do not account for third-round impacts coming from increases in labour income, or wealth effects from rising home prices. Housing assets have generated $1.7 trillion in net new wealth for Canadian households since 2000. This is a major change from the 1990s, when Canada’s relatively weak housing market generated only $324 billion in household wealth creation. Assuming a wealth effect of 5 cents to the dollar, this may have generated upwards of $6 billion annually in additional retail, renovation and other household spending. Housing is labour intensive and a major source of employment for Canadians. The residential building construction sector employed 235,000 Canadians in 2011, including self-employed workers, according to the latest National Household Survey. The real estate services sector counted another 245,000. Related industries, including specialty trade contractors and professional services, employ many more workers. Employment growth in housing-related sectors has consistently outperformed national hiring trends over the past decade by a sizeable margin. From Less TaiLwind To more Headwind

amply supplied high-rise segment than for single-family homes. A softer sales and pricing environment also is expected to dampen renovation activity. Renovation spending tracks sales transactions, given relatively large outlays undertaken by new buyers and, to a lesser extent, sellers preparing their home for sale. Even so, an expanding housing stock and high homeownership rates should continue to support modest growth in renovation spending. Renovation activity is typically less volatile than new construction and home sales. Homebuilders are expected to further slow the pace of new home construction in the face of weak growth in new home prices, rising building costs and increased unsold inventory. The slowdown will likely remain focused on multi-unit construction given growing concerns of oversupply and softening investor sentiment. From a regional perspective, Alberta is expected to outperform national trends, with sales and construction supported by relatively firmer employment and income gains and strong population inflows. The impact of a softening housing market will be felt broadly. Apart from construction, industries most affected by a housing slowdown include manufacturing, retail & wholesale trade, finance, insurance & real estate, and professional & technical services. The likelihood of smaller household wealth gains as house price growth slows (or adjusts lower) will reinforce a more cautious trend in consumer spending. Read the full Scotiabank Global Real Estate Trends report online at http://www.scotiabank.com/ca/en/0,,3112,00.html. Scotiabank provides clients with in-depth research into the factors shaping the outlook for Canada and the global economy, including macroeconomic developments, currency and capital market trends, commodity and industry performance, as well as monetary, fiscal and public policy issues. Scotiabank is a leading financial services provider in over 55 countries and Canada’s most international bank. Through our team of more than 83,000 employees, Scotiabank and its affiliates offer a broad range of products and services, including personal and commercial banking, wealth management, corporate and investment banking to over 21 million customers. With assets of $783 billion (as at January 31, 2014), Scotiabank trades on the Toronto (TSX: BNS) and New York Exchanges (NYSE: BNS). For more information please visit www.scotiabank.com.

We expect resale activity to edge lower in 2014-2015. Rising mortgage rates, combined with high home prices and stricter mortgage regulations, will strain affordability, especially for first-time buyers in major urban centres. At the same time, population growth and relatively healthy labour market conditions suggest sales should hold near their 10year average. Softer sales should in turn slow house price appreciation, with greater downside price risk in the more

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themarket


46

Commercial Real Estate & Business Opportunities

Volume 14 Issue 05

SkyVie ws C ONS IDE R A T ION S WHE N S E L L ING Y OUR APAR T ME NT B UIL DING When it comes to selling your apartment building, there are many things to consider. The most important, however, is which brokerage firm you will choose to represent your interests and generate the right potential buyers. The following is a general guideline for choosing the right brokerage firm for you.

your property, the right brokerage will utilize what is called “target marketing”. Having access to multiple forms of communication, your brokerage should identify the best strategy to reach all buyers in the apartment building industry directly, resulting in you getting the most efficient marketing results.

1) Go with Experience Real Estate markets change from year to year, even from month to month. When dealing with a brokerage, you need to find the delicate balance of experience coupled with the up-to-date understanding of today’s current marketplace and trends. Experience alone will fail to provide you with strategies that will apply to current trends in the industry. On the other hand, a brokerage that lacks experience will not be able to accurately predict and prepare for upcoming trends.

6) Knowing the Buyers Your ideal brokerage is connected not only to you but also to a network of current buyers. When you are ready for your property to be listed, your brokerage should already have contacts with potential buyers and know who would be the right fit for your building.

Greater Toronto Area

2) Look Out for Number One Above all else, the brokerage you choose should look after your interests and work hard knowing that they have your trust, confidence and commitment. Your brokerage should ultimately be looking to serve your needs throughout the process of selling. 3) Take the Right Approach Some brokerages focus on the approach of “Bring Me an Offer”. While multiple offers can be beneficial, finding the right buyer with the right offer is the most crucial element in working with a brokerage. A good brokerage will bring the right people to the table to help you sell your building. 4) Know Your Value Many brokerages waste valuable time and resources hoping to pinpoint the market value for your building. The right brokerage, however, will have the knowledge and experience to provide an accurate opinion of value prior to even listing your building. Knowing what your building is worth will help you get the right return on your investment. 5) Exposure is Key Marketing your property is not just a matter of using one or two forms of communication to blanket the market in hopes of finding potential buyers. To properly market

7) Real Estate Networking Along with knowledge of current buyers, a brokerage should have already established relationships with other companies in the industry - appraisers, environmental and structural inspectors, financial institutions, etc. Having an established network of industry professionals can assist you in bringing your transaction to a quicker close. 8) Beyond the Offer Many real estate transactions fail at the most crucial stage... the due diligence process. Having a brokerage that engages in a thorough due diligence process ensures that your building’s information is verified for the buyer and your transaction closes smoothly and promptly. 9) Get What You Pay For Whether you are paying a low or high commission fee to the brokerage of your choice, you need to be confident in the level of service you received. The right brokerage will be dedicated to providing the ultimate service for the commission fees you pay. The Bottom Line When all is said and done, the most important element in dealing with a brokerage is achieving top dollar for your apartment building. Finding the right brokerage -one that fulfills the above criteria - ensures that you will walk away from your transaction with the confidence that you have received exceptional service, maximum exposure, hassle-free processes, and the financial results you had planned for. 8647857_2114

SKYVIEW REALTY LTD. , Bro ke ra g e Apa rtme nt Building Sa le s

Te l. (416) 444-6545 E-ma il: info@ skyviewre a lty.c om

Fa x (416) 444-6997 Website: www.skyviewre a lty.c om

Please say you saw it in The Commercial Investor

REALTO R


47

Commercial Real Estate & Business Opportunities 10929735_2114

Volume 14 Issue 05

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

Sensational 100 acre parcel located in the South end of Hockley Valley! Five species of mature trees, great building sites, walking & riding trails and Humber River flows through! Hunter, Angler, Sportsman, Fisherman’s Dream! $995,000 Marc Ronan*** 1-888-936-4216

2114_DJW_0045

2114_DJW_0046

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 2114_DJW_0048

100 acre more or less farm in Central Adjala township with approx 80 acres workable land, paddocks, and Bailey Creek. House & Cottage on property, dug pond, drive shed and barn. Open concept kitchen and sitting area, separate dining and living rooms and 2 bedrooms and bath. Set well back off road. $1,299,000 Marc Ronan*** 1-888-936-4216

High profile corner location w/3 road frontages in growing Tottenham. Urban Commercial Core in prime downtown area. Substantial growth in Tottenham over next few years. Ideally suited for commercial with secondary residential. $2,100,000 Marc Ronan*** 1-888-936-4216

Investment opportunity! 30 acre future development land in Alliston across the road from new residential development. Level land with approx 5200 sqft building with main floor previously used as veterinary clinic and on 2nd level updated apartment approx 2000 sqft plus inlaw space. $2,400,000 Marc Ronan***1-888-936-4216

2114_DJW_0050

2114_DJW_2_0048

Million $$ views from finest 270 acres M/L in 3 separate parcels. Cereal crop farm w/building for beef. Views for miles around, on top of escarpment. All 3 farms would make great building sites. Premier offering w/other abutting acreage also available. Seller may consider selling parcels separately. $3,000,000 Marc Ronan*** or Erin Chantler* 1-888-936-4216 2114_DJW_0051

Development parcel partially located within the Town of New Tecumseth (Alliston) town boundary. Abuts developer owned land. Two parcels for flexibility, great future potential. Located in one of the fastest growing Ontario Communities & recognized by the province to be a growth area in growth policy. $3,500,000 Marc 2114_DJW_0052 Ronan*** 1-888-936-4216

Hockley Valley! 78 acres planted w/apprx. 90% seedlings & 10% ready to harvest trees. 100 acres, with building with hydro, planted w/apprx 70% seedlings & 30% ready to harvest trees. Potential to purchase both tree farms or purchase individually and build your custom home and potential income in beautiful Hockley Valley. Priced at $699,900 & $899,900, 2114_DJW_0053 respectively. Marc Ronan*** 1-888-936-4216

High profile corner commercial lot approx. 3.3 acres in Angus on high traffic Mill Street for exposure. Commercial zoning allowing for many uses including but not limited to Retail Stores, Service Shops, Auto Sales & Services, Business or Professional Offices. 2 Rd frontages! $1,700,000 Marc Ronan*** or Gladys Craine**** 1-8882114_DJW_0054 936-4216

2114_DJW_2_0043

20 acres minutes to Alliston with 440’ paved road frontage. Great views & building sites with pond on property. Spring is just around the corner, great timing to build your dream home! $269,900 Marc Ronan*** 1-888-936-4216 2114_DJW_0047

1.877.435.4336 Alliston 1.705.725.8255 Barrie 1.905.859.4477 Nobleton

2114_DJW_0049

1.888.943.0860 Orangeville 1.888.936.4216 Tottenham 1.705.422.2350 Wasaga Beach

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

Please say you saw it in The Commercial Investor

Greater Toronto Area

Commercial building lot in fast growing Alliston, would suit many types of commercial uses, ready to build with site plan approval. Urban highway commercial zoning. $219,900 Marc Ronan*** 1-888-936-4216


48

Volume 14 Issue 05

Commercial Real Estate & Business Opportunities 8975448_2114

$575,000

$460,000

GREATINVESTMENTOPPORTUNITY.MEDICALCENTRE & PHARMACY. 1,700 SQ FT. 4 EXAMINATION ROOMS. LOWMONTHLYFEES.CANBEEASILYCONVERTEDFOR OTHER PROFESSIONS.

BRAND NEW 1,535 SQ FT UNIT IN NEWLY DEVELOPMENT PLAZA! TONS OF PARKING, EXCELLENT EXPOSURE! IDEAL FOR PROFESSIONALS & SMALL BUSINESS OWNERS! 2114_DJW_0024

2114_DJW_1_0062

HIGHPROFILESPACEINTHEHEARTOFAHUGEINDUSTRIAL PARK.GREAT END UNIT.PRISTINE CONDITION. EASY ACCESSTO HIGHWAYS.APPROX2,000SQ FT OF OFFICE SPACE.

CALLING ALL BUILDERS! GREAT OPPORTUNITY TO OWN 2 USED CAR SALES LOTS IN A BUSY CORRIDOR ORBUILDSINGLEFAMILYHOMES.APPROX.24,000SQ FT AREA! 2114_DJW_2_0020

ESTABLISHED EATERY & RESTAURANT. BUSY PLAZA WITHTONS OFTRAFFIC. APPROX 3,800 SQ FT. SEATING FOR 100 PATRONS. PRICE IS INCLUSIVE OF ALL CHATTELS. 2114_DJW_2_0022

2114_DJW_1_0021 2114_DJW_0023

Greater Toronto Area

$425,000

$1,250,000

$1,400,000

$1,049,000 PRIMEYONGE & SHEPPARD LOCATION. ZONED FOR COMMERCIALUSE.CANBEUSEDFORAPROFESSIONAL OFFICE. NEWER ROOF, FURNACE & DRIVEWAY.

LUXURYWATERFRONTRETREAT.1.35ACRES.ZONING ALLOWS FOR MANY OPPORTUNITIES.6,150SQ FT OF LIVINGSPACE.HEATEDI/GSALTWATERPOOL.WATERFALL, FOUNTAINS & MUCH MORE.

2114_DJW_0022

2114_DJW_1_0020

2114_DJW_1_0058

HISTORIC DETACHED MANSION.TRENDY FASHION DISTRICT. APPROX 6,000 SQ FT. 9 GUEST ROOMS, 5 BATHS. ORIGINALWOOD STAIRS,WINDOWS &TRIM, WALL MURALS & TAPESTRIES.

$1,800,000 GREAT INVESTMENT & DEVELOPMENT PROJECT. APPROVED SITE PLAN & ARCHITECTURAL PLANS AVAILABLEFOR11FREEHOLDUNITS,7TOWNHOUSES & 4 SEMIS.

$2,499,900

$2,695,900

$4,900,000 LOCATION. LOCATION. LOCATION. THE PERFECT CORPORATE HEADQUARTERS. HIGH PROFILEVISTA FACINGTHEGARDINEREXPRESSWAY.MINUTESFROM TORONTO & PEARSON AIRPORT.

2114_DJW_0021

2114_DJW_1_0022

2114_DJW_1_0057

Sam McDadi Real Estate Inc., Brokerage

$180,000 EXCELLENTOPPORTUNITYTOOWNAHEALTHFOOD FRANCHISE.HIGHPROFILELOCATION.MODERNEQUIPMENT. MONTHLY RENT $6,100 INCLS UTILITIES

Please say you saw it in The Commercial Investor

$89,500 BUSYTANNINGSALONINAWELLESTABLISHEDGYM. TURN KEY BUSINESS.TOP OFTHE LINE EQUIPMENT. BENEFITWITHSALESOFNUTRITIONALSUPPLEMENTS ALSO!


Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

49

Building Services

Residential . Commercial . Industrial • • • • • • • • • • • • • •

Pre-purchase & leasehold inspections Phase I and phase II environmental site assessments Technical audits & inspections Compliance & warranty inspections Condition surveys Construction cost engineering Restoration engineering Parking garages and building maintenance High and low voltage power distribution Emergency power systems Energy audit & renewable energy solution Building automation Interior and exterior lighting Building communication system

Building Permits . Renovation . Structural Designs

MEC Global Ltd. Phone: 416.548.7497 info@mecglobalgroup.com www.mecglobalgroup.com

Buildings & Earth Retaining Structures Protection Systems & Temporary Support Structures Structural Steel & Reinforced Concrete Wooden Structures & Road Way Protection Systems False Work & Form Work Structural Modifications & Additions Carports, Porches, Sunrooms, Dormers & Extensions Custom Homes Building Permit Applications New development & Change of use Zoning Application, Site Plan Approval & Site Development Parking Studies, Traffic Studies & Noise Barrier Walls

Greater Toronto Area

• • • • • • • • • • • •

Property Management Services Condominium | Co-operative Homes | Multi-Residential | Commercial

Our commitment to you is to:

DiliGlobal Property Management Ltd. Tel: 416 548-7869 Fax: 416 916-4677 info@diliglobal.com www.diliglobal.com Please say you saw it in The Commercial Investor

11287243_2114

• Provide high quality eco friendly property management services • Simplify your property operations with the use of technology • Provide accurate, timely and easy-to-read monthly financial reports. • Create solutions that add value to your properties • Provide focused attention to details • Increase occupancy for rental properties • Reduce your operating expenses • Work to increase your property NOI • Increase the desirability and value of your properties. • Foster a harmonious and cooperative environment. • Employ sound financial management practices with appropriate controls • Prepare your property for sale


50

Commercial Real Estate & Business Opportunities

Volume 14 Issue 05 11265283_2114

Igor Chouminov President, Broker of Record

PAII REALTY INC.

Brokerage

416.877.0326 igor@paiirealty.com INVESTMENT aND DEVELOPMENT REaL ESTaTE

COMING SOON TO RICHMOND HILL

15 UNIT TOWNHOUSE DEVELOPMENT SITE

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

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

• Great neighborhood walking distance to shopping, schools and transport. Call to Register for VIP Pricing! 2114_DJW_1_0101

Priced at $3,750,000 2114_DJW_1_0102

ESTaTE LOTS fOR SaLE

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

Please call for Details!

2114_DJW_0127

ACTIVELY LOOKING FOR:

Greater Toronto Area

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

businesssavvy

Renting out a cottage

A

s much as we wish life could be a constant vacation in the countryside, most Canadians are in and out of the cottages they own. So when personal finances are tight, renting out your idyllic cottage is a smart way of turning your lakefront dream into an affordable reality.

“Renting your cottage to others for a few weeks here and there is a great way to alleviate the financial stress of ownership,” says Wayne Ross, an insurance expert at Aviva Canada.“And by taking a few steps prior to sharing your home-away-from-home with others, you can ensure that it is a safe and enjoyable experience for everyone.”

Ross offers these quick tips to ensure you are better equipped to rent your summer home: 1. Examine your property: Conduct a thorough check of your cottage and surrounding grounds to ensure that all furniture and plumbing are in good condition. It’s easy to overlook flaws that you have become accustomed to, so be sure to examine objectively. 2. Keep it clean: Scout out local cleaning services to make sure that your cottage is spic and span before and after your renters move in. Never forget that with a cottage rental, you’re operating a small business. 3. Revisit your insurance policy: Calculate how much time you spend in your cottage and how often you will rent it out to determine what kind of coverage you need. Some insurance policies limit the length of time for rental to others. More information is available from your insurance broker or at avivacanada.com. –NC

Please say you saw it in The Commercial Investor


Volume 14 Issue 05

51

Commercial Real Estate & Business Opportunities

#

Commercial Team C In n Canada! *

Brokerage Independently Owned And Operated

www.PBcommercialteam.com

BUILDERS DREAM!

BIGGEST AND BEST OF YORK REGION!

BUILDERS DREAM! MIXED USE DEVELOPMENT SITE - $4,880,000 142 Approved residential units

•

6,124 square feet of retail

•

Price includes development site, existing bowling business and lease holds

•

Gross income over $650k, net income approx. $200k

•

Excellent transportation options: DVP, Eglinton, Victoria Park Ave. ++

Live the high life or run your business from this stunning gated mansion!! $6,728,000

DURHAM EQUESTRIAN PROPERTY

LEASE – DANFORTH PRIME OFFICE/RETAIL

E

TORONTO BUSINESS OPPORTUNITY IV US

IV

CL

US

EX

CL EX retail space at Lawrence/Warden! Prime unit with bathroom and drop ceiling. Newly modernized plaza! $13.95/SF Net

Private 10 acre lot w/ 3,000 Sq Ft ranch bungalow and equestrian facilities for horse shows/events/boarding! 170X80 heated indoor arena, beautiful tack room, grassed paddocks+++Close to 11,000 acres Ganaraska Forest. $848,800

LEASE – MAIN ST. MEDICAL SPACE

RESTAURANT STEELES/KEELE

tal clinic at Danforth/Vic Park! 2 chairs w/$80K in leaseholds at no cost to new tenant! Excellent terms & FREE Rent! $12 Net - Call George 416-554-7653

TORONTO EAST RETAIL PLAZA CL

US

IV

E

EXCLUSIVE - $8,800,000

EX Established professional medical building w/long-term medical service providers ie: pharmacy, radiology lab+++ Prime Main subway stop! $8.00/sq. ft. net. Several months free rent. Call George Politis for details 416-554-7653

Own your own business! Owner retiring after 30 years! Marble manufacturing! Condominium & custom home builder contracts++ $100,000+ in machinery & contracts included in price! New owner will be trained! $350,000 - George Politis 416-554-7653 & Peter Glezakos 416-606-7882

Own your own restaurant! Established over 20 years! Turnkey operation, 65 seats, LLBO license, and all chattels. Great location with days/ wk, 7:00 am-7:00 pm. $150,000+ in sales! $79,900 + Stock, Call Peter 416-606-7882

•

Retail Plaza with Major Bank as Anchor Tenant!

•

Prime East Toronto Location,

•

Major Intersection!

•

Over 18,000 Sq Ft!

•

Two Buildings, 9 Total Units!

•

Over 1.5 Acres in Prime Area!

•

Development Potential!

•

Parking for Over 60 Cars!

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

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

Please say you saw it in The Commercial Investor

Greater Toronto Area

Dream Home! 10 Bdr,12 Bath castle w/ 19,169 Sq Ft of high-end living space on two levels plus

E

TORONTO OFFICE/RETAIL SPACE

•

11276658_2114


52

Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

SAVE $$$ Buying/Selling!!!

11237352_2114

SOLD over $100 Million Again in 2013!!!

Greater Toronto Area

Kleinburg Village Heritage Property in Prime Loc w/Legal Retail Store, Fronts on Busy Street! 10 Car Parking, Close to Million Dollar Homes! $947,000. ID#BE0970

Prime Mixed Development Opportunity in Prime Niagara Tourist Location! High Density Commercial/Retail/Office! Gate way to Niagara! $759,900. ID#BE3376

Rare! Halal Gourmet Burger Restaurant! $100-$125k Net Income! 30-35 Seating, Open 7 Days a Week, Original Location! Sold as Franchise! $350,000. ID#BE5130

Excellent Commercial/Retail Unit Approx 1200 Sqft in Prime Location Near Airport, Humber College, Woodbine Racetrack & Major Hwys! $410,000. ID#BE0680

Well Established Auto Repair Business in Prime Mississauga! Turn Key Operation! All Auto Repair Equip Included! Busy Loc Near Hwy 403 &Qew! $225,000. ID#BE2175

Very Well Established Professional Sign Designing, Print & Installation Business! All Existing Equipment Included! Prime Location Near 407! $150,000. ID#BE0007

Laser Hair Removal Business Operating for 40 Yrs. Equipment Included! Great Annual Income $70,000-$80,000! Free Parking for Customers! $125,000. ID#BE0118

We Have Buyers Looking For Office Based Established Business

State of the Art Fully Renovated Modern Full Service Hair Salon/Spa! In High De2000+ Sqft Learning Centre mand Plaza Surrounded by Thousands of Homes! Turn Key Op! $98,000. ID#BE3221

Gas Station on Corner Lot

1500+ Sqft Medical Space

Beautiful Spa Located in Heart of Brampton Close to City Hall & Large Business Corporations! Very Profitable Business! Great Growth Potential! $80,000. ID#BE051

AJ Lamba Realty Group Inc., Brokerage

20,000+ Sqft Commercial/ Industrial Building on a 5+ Acre Lot

CALL US TODAY! www.AJLamba.com

Turn Key Operation! Well Establish Apparel Business in Prime Shoppers World Mall! Right Beside Target! Very Profitable Business! $50,000. ID#BE0499

Please say you saw it in The Commercial Investor

*Salesperson **Admin ***Broker #of all salespersons as per MLS


Volume 14 Issue 05

53

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_2114

SOLD MODERN 3 BAY COIN CAR WASH

Greater Toronto Area

Automatic car wash & Dog Wash on prime location. Thriving cash business in growing town within Guelph with major residential developments. Separate pet wash, 3 coin bays, automatic car wash unattended, vacuums, blowers for drying car in each bay. Vending machines, security camera system with internet access for monitoring. Asking $749,900. 0914_DJW_1_0094 0914_DJW_1_0095 0914_DJW_1_0096

Over 6000 sq ft bldg. fully renovated with new roof and 1280 sq ft bsmnt. 3 commercial units and 4 renovated apartments separately metered. In the heart of Streetsville close to bus, Go, Hwys. Great investment at 6% cap rate. Asking $1,920,380. 0914_DJW_0106

For lease. Property located in Halton Hill at Trafalgar and Steeles with one large 2-storey home, one bungalow, huge barn with two levels and an apartment and a sports field. Many uses from garden centre to storage to retail. Can lease whole property or part of it. Call now to preview.

Principals Only

8 BAY COIN CAR WASH & PET WASH 7 years old. Located just minutes from Mississauga in a highly populated and growing city. Nothing like it for sale. Call for private viewing. Will not last. Asking $2.6 million. 0914_DJW_2_0037

Excellent Oakville Development site. 1.5 acres. Currently rented for $3000/mth. Road to be widened & directed to new hospital. Use as contractor yard or develop. Asking $1,199,000.

0914_DJW_0107

0914_DJW_2_0090

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


54

Commercial Real Estate & Business Opportunities

Volume 14 Issue 05

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


55

Commercial Real Estate & Business Opportunities

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

temiskaming realty ltd., brokerage New Liskeard, Northern ontario

www.temiskamingrealty.com

9857729_2114

Volume 14 Issue 05

Bill Byers, Sales representative

bill-byers@coldwellbanker.ca

RESTAURANT & BUILDING

WATERFRONT COTTAGES & HOMES

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 2114_DJW_1_0010

9 to choose from in Timiskaming District. Seasonal & year round road on 1-42 acres. Rural & Town. Priced from $59,900 to $549,900. Call for details. 2114_DJW_0143

E

W

NE

LIQUIDATION STORE

HIGHWAY #11

Solid block 5700 sq building & business downtown Englehart, no competition, seller will train. Includes inventory & equipment. Asking $245,000. MLS 132614

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 2114_DJW_0142

2114_DJW_1_0086

HOME BASED BUSINESS

3+1 bedroom home just off Hwy #11 in New Liskeard with 50’ x 20’ attached office, carport & double garage on a 1 acre lot with plenty of parking. Also great for a large family. New Price $209,900. 2114_DJW_1_0100 MLS 131802.

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

Please say you saw it in The Commercial Investor

2114_DJW_2_0081

Central Ontario

IC

PR


56 inthenews

Commercial Real Estate & Business Opportunities

Volume 14 Issue 05

New professioNal & medical ceNtre developmeNt plaNNed iN the heart of York west

L

ocated within steps of the new Finch West Station transit hub, a medical and professional centre has begun development in the resurging Downsview Corridor in northern Toronto. University Heights, being built 200m from the corner of Finch Ave W. and Keele St. is being constructed with professional and medical occupancy in mind for this uniquely specialized building project. With the Finch West TTC subway and LRT station planned for completion in 2016 and 2020, the Downsview Corridor will soon be a highly trafficked medical and professional hotbed. The contemporary and distinguished design of University Heights is playing into the revitalization of the Finch West neighborhood. “We like to think that a big idea like University Heights is helping to lead regeneration in the Downsview Corridor,” said Paolo Abate of University Heights Professional and Medical Centre.“The value for tenants of University Heights is that it’s situated in close proximity to the Yorkdale Shopping Centre, Downsview Park, York University and four hospitals, including the new Humber River Regional Hospital. We selected the location because as a medical centre, we wanted our occupants to be as close as possible to the surrounding hospitals and mass transportation options available now and in the future.” Upon completion, the new nearby Humber River Regional Hospital will be Canada’s first digital hospital and the largest hospital in Canada. With three Toronto courthouses also in close proximity, University Heights is centred in the middle of where medical and professional offices will want to be. The eight storey, 165,000 sqft University Heights is currently in development with an expected opening in the summer of 2016. The new centre will contain retail space on its lower level with professional and medical offices on the upper levels.

The building will feature an open and sun-lit commercial concourse dedicated to restaurant and retail tenants with ample space for seating and strolling. Street-level entrances to all commercial units provide commercial frontage on the welltraveled Finch Ave. W. Built to Toronto Green Standard Tier 2 qualifications using high-reflecting materials, energy efficient controls, and low impact mechanical fixtures, it will also contain a 7,100 sqft professionally landscaped greenroof accessible by tenants and the public. Everything that goes into the construction of University Heights is being done to help serve the long-term needs of its tenants, patrons and neighborhood. “Part of what makes this location appealing to medical and professional organizations is the long–term plans for the neighborhood. With the new Finch West TTC subway and LRT station, each scheduled for completion in the next few years, the area is already beginning to experience a tremendous amount of growth and commuter traffic, which is ideal for our potential tenants,” said Abate. University Heights will contain 89 customizable, divisible and expandable office units of 550 to more than 2,500 sqft. Units are now available for purchase. For more information, please visit University-Heights.ca.

Please say you saw it in The Commercial Investor


Volume 14 Issue 05

57

Commercial Real Estate & Business Opportunities

SERVING CENTRAL AND NORTHERN ONTARIO

Broker

darryl@royallepagecommercial.com chris@royallepagecommercial.com

705-641-8052

JUST LISTED! $2,399,000

Chris Bedforth

Sales Representative

705-706-3993

Beautifully maintained resort on Muskoka Big Lakes. Excellent condition with Muskoka touch. Over 18,000 sq. ft. and 85 beds in 12+ bldgs on over 6 acres. Continue as a resort, or convert to organization use, family compound, school etc. Exclusive.

$80,000 NNN Long term single tenant corporate lease. $1,360,000. Extra land for future development. Exclusive.

2114_DJW_0107

CAPTIVE AUDIENCE

2114_DJW_0108

ORILLIA - PROFITABLE Lease or sale. Location known world-wide. Two (2) commercial pad sites. Thousands of yearly visitors (foot traffic) at your door. Ideal for restaurant, art gallery, office, your ideas. MLS

Without doubt one of the most popular year round lunch and dinner restaurants in the city. Profitable turn-key operation with further upside. Inside & outside seating for 135. Handson owners retiring. Priced to sell. MLS

2114_DJW_0109

2114_DJW_2_0026

BUILD TO SUIT

RETAIL DEVELOPMENT EXPANSION

23 acres+/- commercial ready for expansion. Presently consists of long term single tenant net lease, plus vacant 2,600 sq. ft. freestand bldg w drive thru. Balance expansion lands, severance etc. Traffic count over 20,000/day. Call for target market “Gap Study”. Exclusive.

Bring your business to the lifestyle. 3,200 sq. ft. new freestand for lease to your specs. Exclusive.

2114_DJW_2_0029

EQUITY AVAILABLE FOR DEVELOPERS We have multi-family, townhouse and land lease communty sites available for qualified capable developers seeking land development opportunities from 8 to 100 units. Our client land owners will contribute up to 100% of their land for your project. 2114_DJW_0111

2114_DJW_0110

MARKETPLACE “GAP” ANALYSIS A real estate “GAP” mindset comes from continual research and analysis of 5 “Drivers”. a) Is there a market? b) How deep is that market? c) What should be built? d) What rents or sale price are achievable? e) What profit is available? We assist in your decision making process through ongoing study of shifting demographics, competitive analysis of lease rates and sales prices, supply and demand, political environment, etc. 11286085_2114

Please say you saw it in The Commercial Investor

Central Ontario

Darryl McCullough CCIM


58

Commercial Real Estate & Business Opportunities

®

Don Campbell Real Estate Ltd. Brokerage. 36 Andrew St. South, Orillia

GRAND CENTURIoN® 2013 AND 13Th IN CANADA foR CENTURy21

8133603_2114

$1,500,000 & $890,000

$2,299,000

Volume 14 Issue 05 Harold Holmes Sales Representatives Bus: 705-325-1366 800-498-8775 Direct: 705-329-8915 haroldholmes@realestate-orillia.com

$599,000

4.96 ACRES PRIME ORILLIA DEVELOPMENT

QUARRY POTENTIALS

RUN YOUR OWN MARINA BUSINESS

• C-3 zoning with designation for INTENSIFICATION under new Zoning By-law allows for a RECREATIONAL ESTABLISHMENT, Motor Vehicle Sales, Service & Repair incl. marine, rec vehicles, mobile homes OR, restaurant, tavern, hotel, business plaza, home improvement store, etc. • Phase 1 & II ENVIRONMENTAL complete & most remedial work complete • 3 entrances off Memorial plus PARKING FOR APP 400 CARS • 21,500 sq. ft. building w/ 14’ grade level overhead doors • Near Highways 11 & 12, OPP Headquarters, Lakehead University, Georgian College in thriving west end of Orillia on city services. • See www.295memorialave.com & MLS #13236080

• (1) $1,500,000 • 151 acre property zoned RU surrounded by quarry development. • Site in on a Haul route & has approx. 1 million tonnes of dimensional stone, armour stone, flagstone, waterfall rock & some w/ weathering. • Owner is in the process of doing studies to obtain a Class B licence to remove 20,000 tonnes per year w/ many studies, drawings and sketches completed. • (2) $890,000 • 200 acres adjacent to a licenced quarry • This is in an area designated for aggregate

• 243 feet on Severn River just off Highway #11 • Located in cottage country on the Trent Waterway System • Building has 5 residential apts for extra income • Commercial space for a Marina w/boat launching & storage • Parking for many cars MLS #480420640

2114_DJW_0125

2114_DJW_0126

2114_DJW_0124

moneysense Central Ontario

T

Break free of investing costs here are many different investment options available to help you reach your financial goals. It is important to understand the

costs involved and how those costs affect your investments. Not all investments have the same fee structure and some may impact your return more than others.

“When it comes to your investments, it is important to be aware of the associated costs”, says Jason Round head of Financial Planning Support at RBC Financial Planning.“The less you pay for your investments, the more you keep, making the cost of investing something you should try to minimize.” When thinking of mutual funds, Round highlights three costs to look for:

• Management Expense Ratio (MER) – is the total of the management fee, administration fee and GST/HST charged to a mutual fund each year. All mutual funds have an MER. • Sales commissions – some mutual funds charge a ‘load’, or one-time fee paid to an advisors’ firm for selling a mutual fund. The load might be charged when you buy the fund, or when you sell it. Most mutual funds offered by banks do not have load charges. • Short-term trading fees – mutual funds intended for long-term investing typically charge fees if units are redeemed within a short time period. The proceeds go directly to the fund. “We encourage clients to ask questions about exit fees, disclosure, total costs of ownership, fees for financial planning services and commissions – the more you know, the better informed you will be about your investments,” added Round. For more information, visit: rbcroyalbank.com/products/mutual-funds/index.html NC

Please say you saw it in The Commercial Investor


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 Kitchener/Waterloo Guelph & Cambridge

Volume 14 Issue 05


60

Volume 14 Issue 05 8177055_2114

Commercial Real Estate & Business Opportunities

ProAlliance Realty Brokerage

BRUCE COOKE BBA, CCIM, SIOR

MAtthEw COOKE B.COMM MEAghAn COOKE BA,

Commercial Sales Representative

Independently Owned & Operated

Office: 613-966-6060

E-mail: bruce@cookeproperties.com

$995,000. 16 APARTMENTS 9.67% CAP

Sales Representative

Sales Representative

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

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

matthew@cookeproperties.com

meaghancooke@hotmail.com

$479,000. 25,000 SF COMMERCIAL BRIGHTON $1,980,000. INDUSTRIAL 55,000 SF TRENTON

Gross income $144K, excellent condition on huge lot, 12 Less than 1.5 hours East of Toronto, Post & Beam construc- Located on 5.7 acre fenced lot on Hwy #401 in Trenton, 24 of apartments were renovated in 2013, all new windows, tion, extensive renovations, 3 phase power. ft clear ceiling ht, 1200 AMP service, 7 loading doors, 75% located on the outskirts of London. leased, overhead cranes included. 1314_DJW_0090 1314_DJW_0091 1314_DJW_0092

$5,900,000. POWER OF SALE

$395,000. 7,305 SF COMMERCIAL BLDG

$265,000. FAMILY RESTAURANT BUSINESS

11287383_2114

83 acre lot on Bell Blvd for proposed Casino & Race Track. Former public school converted to a Legion and Church has Well established restaurant at the entrances of the Industrial Park Just minutes West of Quinte Mall & Home Depot in Bel- had extensive renovation. Excellent condition on 6 acre fenced and a few blocks from the Sports Centre. Turnkey business, high leville. High traffic flow and great visibility. 1314_DJW_0093 lot in the City of Belleville. Fantastic opportunity. 1314_DJW_0094 volume, pleasant atmosphere, great location. 1314_DJW_0095

GREAT DEAL ON 3 COMMERCIAL LOTS OTTAWA WEST

2114_DJW_0150

2114_DJW_4_0096

Eastern Ontario

OTTAWA BUSINESS OPPORTUNITY!!

2114_DJW_4_0097

Beautiful renovated home... Modern new kitchen, baths, master suite with designer ensuite. Hardwood flooring, new roof, deck and walkways. Gorgeous property with Commercial Zoning at rear. The Commercial Component includes 8 storage Bays + 4 storage buildings + full workshop to run a complete business. Located approximately 20 minutes from the heart of Ottawa and close proximity to Major Highway routes 417 and 17.

Lot A: $114,900 1.14 acres, zoning is RC6, frontage is approx 297 ft on McGee Side Rd. Lot B: $309,000 3.06 acres, zoning is RC7, frontage is approx 294 ft on Carp Road. Lot C: $490,000 4.89 acres, zoning is RC9, frontage is approx 240 ft on Carp Road. All lot subject to severance being approved.

Please say you saw it in The Commercial Investor


w

61

Commercial Real Estate & Business Opportunities

Dee Abrams

10002624_2114

William G. Bird

Sales Representative

dee@remaxquinte.com abramsdee@yahoo.com

Cell: 613-847-5907

williambird@cogeco.ca

* Each office Independently Owned & Operated

Cell: 613-243-2767

Office: 613-969-9907

FOR SALE - NAPANEE

$580,000

Broker, CCIM CD

Quinte Ltd., Brokerage*

BELLEVILLE - NORTH FRONT PIZZA BUSINESS

• Scrap yard site located near the 401 Highway on year round roads • Just off the 401. Property is zoned correctly. • Yard is five acres in size. Zoning General Industrial M2. • Taxes: $3,047 (2012) • Lot size: 5 acres approximately. • Owned by the same family for a number of years. 2114_DJW_2_0032

FOR LEASE & SALE

$125,000

2114_DJW_0101

TRENTON CHINESE RESTAURANT

Restaurant with 3 bedroom living unit. Family business established 29 years. Water front with patio setting. Call Dee Abrams 613-847-5907 for further info.

$369,900

2114_DJW_0103

UPSCALE BUILDING IN DOWNTOWN BELLEVILLE Improvements include also new double glazed efficiency front windows. Replaced membrane roof and newer gas hot water boiler. Provides over 2,300 sq feet of retail floor space. 3 car parking. Additional work or offices in Mezzanine. Also ample stock storage in dry basement. Situated in excellent retail area of Belleville. For details call Bill Bird at 613-243-2767.

2114_DJW_1_0031

2114_DJW_0102

6 CATHERINE BELLEVILLE

Selling price includes business and chattels. Business established 10 years plus Located on route to CFB 8 WING Call Dee Abrams 613-847-5907 for further info.

$224,900

2114_DJW_3_0048

52 FRONT ST CAMPBELLFORD

Attractive - Well maintained Located on main traffic route High profile - Ample parking 1200 sq foot unit and 2400 sq feet units. Units are ready to go. Large unit contains boardroom and kitchen Lease is $7.75 per sq foot. With T.M.I.s at $5.50 Plaza is also for sale. Call Dee Abrams at 613-847-5907 for more details.

$119,900

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 613-243-2767 for more details.

$219,000

Zoning allows for business and residential income Lends itself to a Tri-plex or Commercial permitted. One residential unit currently leased. Commercial unit is moving Parking for 6 cars with two garages. Call Bill Bird for details 613-243-2767

2114_DJW_1_0050

BUSINESS FOR SALE. AREAS OF COVERAGE: PORT HOPE TO BROCKVILLE. NORTH AS FAR AS ALGONQUIN PARK. LINDSEy AND PETERBOROUGH

Business Details:

EXCLUSIVE LISTING Trade area 2 million people.

Over 20 years in business. Fully trained staff, fully equipped shop, vehicle fleet. Sheet metal - HIVac installation - fabricating

$1,800,000

Property: 3 1/2 acres of land 8,500 sq. ft. industrial building. Zoned site Industrial. Overhead crane.

2114_DJW_0104

In Eastern Ontario for Commercial Real Estate Call Bill Bird for Sales & Leasing. Please say you saw it in The Commercial Investor

Eastern Ontario

Volume 14 Issue 05


62

Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

8305397_2114

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

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

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 2114_DJW_0081 2114_DJW_0082 2114_DJW_0083 Property Description: 255 Acres of flat Industrial/Commercial serviced vacant land. Ready for immediate development or severance into smaller lots. Property is bisected by a new arterial road that links the property with two interchanges onto Highway 401. North lot (153 Acres) fronts onto Highway 401 - one of North America’s busiest Highways. Services available: power, water, telephone, cable, gas, sanitary. Location Description: 1.5 Hours east of Toronto. Midway point between Toronto and Montreal. Close to U.S. points of entry. This site has been recognized as one of the Prime Vacant Land sites in Eastern Ontario.

Contact John Belanger, Sales Rep. www.Jenland.ca GREAT DEVELOPMENT OPPORTUNITY

PRIME OPPORTUNITY - INDUSTRIAL PARK

Eastern Ontario

Approximately 6.26 acres fully serviced parcel incl. municipal water & sewer. Adjacent to New McDonald’s Restaurant opened December 2013. Property Includes 3 bedroom brick home in excellent condition. Property located at Intersections of Hwy 62 & 7, one of the busiest intersections in Eastern Ont. Call Bill McGuire, Sales Rep or www. mcdonaldssquare.com for more info.

ASKING $1,499,000

GROCERY STORE - BUTCHER SHOP

2114_DJW_0084

255 PRIME SERVICED ACRES

2114_DJW_0153

Prime corner location in Belleville Industrial Park, 68,000 sq.ft. on 6.8 acres. 6 loading docks, 2000 amp service. 3-5 minutes from Highway 401. www.440college.com

BELLEVILLE

FAMILY RESTAURANT

2114_DJW_0057

32,000 SQ. FT.

STIRLING

TRENTON

ASKING $2,750,000

BELLEVILLE

High tourist area, 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

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

EXCELLENT INVESTMENT OPPORTUNITY. Located in Downtown Belleville. Hastings Housing Authority & Probation Office. Cap Rate 9.5%!!!

2114_DJW_2_0096

ASKING $450,000

2114_DJW_1_0095

PRICE REDUCED!!! $1.7 MILLION

ASKING $549,000

Please say you saw it in The Commercial Investor

www.15victoria.com Joe Shunock, Sales Rep.

2114_DJW_3_0075


Volume 14 Issue 05

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 trebreport

Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

GTA commercial REALTORS report latest commercial market figures

T

oronto Real Estate Board Commercial Network Members reported 450,092 square feet of combined industrial, commercial/retail and office space leased through the TorontoMLS system in April 2014, on a per square foot net basis where pricing was disclosed. This result was down from 625,545 square feet leased in April 2013. Industrial space accounted for threequarters of all space leased in April.

office segments, much of the dip in the average lease rates was compositional, with a shift in the size and geography of properties leased. There were a combined 45 industrial, commercial/retail and office sales reported in April 2014 through the TorontoMLS system. This result was down by 21 per cent compared to 57 sales in April 2013. Industrial and office sales were down on a year-over-year basis, while commercial/retail transactions were up. Average sale prices on a per square foot basis were up for all market segments. The average industrial selling price was up by 15.8 per cent year-over-year to $108.13. The average commercial/retail selling price, at $212.46, represented an increase of 14.2 per cent year-over-year. Office property transactions had an average selling price of $217.54 – up 17.8 per cent compared to April 2013.

“While the amount of space leased last month was down on a year-over-year basis, it is important to point out that the average lease rate for the all-important industrial segment “For the first two months of 2014, we experienced a was up by 11 per cent. This growth was due to both market forces and a change in the mix of industrial properties leased,” respectable pace of growth in the Canadian economy. In March, we also experienced quality employment growth in said Commercial Committee Chair Cynthia Lai. the GTA and a dip in the unemployment rate. The consensus The average industrial lease rate in April 2014 was $5.35 view is that while the consumer-driven sectors of the per square foot net – up by 11 per cent compared to $4.82 economy continue to drive growth, we should see a greater in April 2013. The average commercial/retail lease rate, at contribution from business investment and exports moving 18.63, was down by 15.8 per cent year-over-year. The average forward. This will obviously be favorable for the commercial office lease rate was down by a similar 15.5 per cent over the real estate market,” continued Ms. Lai. same reporting period. For both the commercial/retail and

February 2014: Per Square Foot Net Commercial Leasing Summary Lease Transactions Completed on a Per Square Foot Net Basis with Pricing Disclosed on Toronto MLS

February 2014: Commercial Sales Completed with Pricing Disclosed on TorontoMLS

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

Sales (Price Disclosed)

Apr 2014

Apr 2013

% Change

Apr 2014

Apr 2013

% Change

Industrial

338,076

466,494

-27.5%

Industrial

18

30

-40.0%

Commercial

54,752

70,148

-21.9%

Commercial

22

18

22.2%

Office

57,264

88,903

-35.6%

Office

5

9

-44.4%

Total

450,092

625,545

-28.0%

Total

45

57

-21.1%

Avg. Lease Rate

Avg. Sale Price Per Sq. Ft. (Pricing Disclosed) Apr 2014

Apr 2013

% Change

Apr 2014

Apr 2013

% Change

Industrial

$5.35

$4.82

11.0%

Industrial

$108

$93.42

15.8%

Commercial

$18.63

$22.14

-15.8%

Commercial

$212.46

$186.09

14.2%

Office

$13.23

$15.65

-15.5%

Office

$217.54

184.70

17.8%

Please say you saw it in The Commercial Investor


Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

65

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

905-354-7413

9866060_2114

ROLLING MEADOWS GOLF CLUB 2114_DJW_0040

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Montrose at Yokom Rd., Niagara Falls 18 hole semi private Golf Club Under Power of Sale LISTED AT $2,995,000 Contact: Todd Crawford, Broker Todd.crawford@dtzbarnicke.com

3,300 sf building available in high traffic location Demised into two units w/parking for 8-10 vehicles Income potential for owner/operator Easy access to the Q.E.W. & Hwy 406 OFFERED AT $425,000 Contact: Ralph Roselli, Sales Representative Ralph.roselli@dtzbarnicke.com Mobile: 905 329 4175

MORE GOLF CLUB OPPORTUNITIES AVAILABLE SOON

6439 THOROLD STONE RD., NIAGARA FALLS 2114_DJW_0042

2114_DJW_0041

38 EAST MAIN ST., WELLAND

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Former Scotia Bank, currently VACANT 3,900 sf building w/full basement Downtown location Seller motivated to move property NOW PRICED AT: $199,000 Contact: Todd Crawford, Broker Todd.crawford@dtzbarnicke.com

118’ frontage on Thorold Stone at St. James Corner lot in high traffic location Site plan approved for 2,300 sf retail with drive-thru LISTED AT $595,000 Contact: Mike Halliday, Sales Reprensentative Mike.halliday@dtzbarnicke.com Or todd.crawford@dtzbarnicke.com

5640 STANLEY AVE., NIAGARA FALLS

5534 STANLEY AVE., NIAGARA FALLS 2114_DJW_0044

2114_DJW_0043

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The Courtside Inn 53 room 2 storey “L” shaped Motel property Outdoor pool - Numerous improvements in 2010 OFFERED AT: $2,300,000 Contact: Greg Chew, Sales Representative Greg.chew@dtzbarnicke.com

Glengate Hotel - 60 room hotel w/full basement High traffic location at the gateway to Tourist District Many recent improvements OFFERED UNDER P.O.S.: $2,700,000 Contact: Greg Chew, Sales Representative Greg.chew@dtzbarnicke.com

BROKERAGE APPRAISALS MANAGEMENT

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

Niagara Peninsula

2114_DJW_0039

101 EASTCHESTER AVE., ST. CATHARINES


66

Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

Masterson Realty Ltd.

Dennis Milani,

Brokerage

Cell:

11287033_2114

Sales Representative

905-371-4372 2114_DJW_0004

2114_DJW_0005

2114_DJW_0006

dmilani1@cogeco.ca

Office: 905-358-5656

BECK RD., NiagaRa Falls

sTaNlEY aVE., NiagaRa Falls

74 acres of vacant land. Great location to build your country dream home. Enjoy the peace and serenity of country living. But still very close to city amenities, with the added advantage of being close to the new proposed NF hospital. Call Dennis direct 905-371-4372. MLS N30026912.

3.23 acre gateway property in the Fallsview tourist area. Great location for a highrise hotel, or highrise condo. Close to the convention centre, Marineland and Fallsview tourist attractions. Call Dennis direct 905-371-4372. MLS N30029480

Art Ratelle Ofice: 905-935-8001 Cell:

MOMENTUM REALTY, BROKERAGE

905-708-2601

Niagara Peninsula

302 LAKE STREET, ST. CATHARINES

Up to 2,400 sq. ft. of 2nd floor office space - new roof, windows, flooring...new everything. (High traffic location - 19,000 vehicles/ day) $10.50/sq. ft. net 2114_DJW_0135

8481853_2114

Sales Representative

49 HAYES RD., THOROLD

42 DOROTHY STREET, ST. CATHARINES

$325,000

$249,000

Approx. 4.5 acres of development land. Official plan indicates residential. Services available. Buyer to re-zone at his expense.

Investment property; 3 separate units, 3 hydro meters, 1-3 bedroom & 2-1 bedroom units. Good condition. Fully leased on completion. Nice return. Close to Q.E.W.

2114_DJW_0134

Please say you saw it in The Commercial Investor

2114_DJW_0133


Volume 14 Issue 05

67

Commercial Real Estate & Business Opportunities

LarryYour“BILKO” Bilkszto Local Sales Representative Since 1989

Garden City Realty Inc. Brokerage Independently owned and operated

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

(905) 641-1110 • (905) 563-3330 Toll Free (866) 575-9400 8494906_2114 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES “BILKO”

Stunning country estate! 23 private acres w3400 sq ft brick bungalow, attached garage for 5 cars, full bsmt, sunrm add’n w/ heated flooring, formal living & dining rms, fireplace, skylights, 5 bdrms, ensuite, b/i's, granite, ceramic, etc. Great scenic views from all rooms. Property set up for an equestrian centre w/208'x75' indoor arena & viewing lounge, 450'x250' outdoor sand ring. 12 stall 115'x40' barn w/tack rm & wash stall, 70'x40' 2 storey barn w 2 more stalls, workshop, hay mow. Approx 10 acres planted to cash crop. Pond, mature trees & landscaped gardens, private patio area, covered front patio. Concrete drive w/walkway, separate driveway to barn facilities. This updated spotless home has 5pc, 4pc, 3pc, 3pc baths. Fam rm has great open space w/vaulted ceilings, 5 patio drs, fireplace & wet bar. 2 forced air furnaces. 2 hot water tanks. 200 amps in house + 200 amps in barns, wired for a generator backup, drilled well & a cistern. $998,800

Steven Kealey, BA, MSc

“Income Property Advisors”

Broker of Record

Phone: 905-734-6000 www.CastleQuest.ca

11269934_2114

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

Steven@CastleQuest.ca

www.IncomePropertyAdvisors.ca 11-Unit Building -- $600,000

8-Unit Building -- $119,000

-- Gross Income: $51,180 -- Net Income: $23,280 -- Cap. Rate: 19.56% -- Return On Investment: 109.42% Details at: www.CastleQuest.ca

8-Unit mixed use income property with 6 apartments and 2 commercial units. Only 3 residential units are occupied & in good condition. Other 3 apartments & 2 commercial units require significant renovations to become rentable. Great for handyman or investor interested in adding significant value by finishing the vacant units. Attached 2-car garage. New 35-year shingles. Potential for coin-laundry. Buyer to conduct due diligence regarding cost of potential upgrades.

6-Unit Building -- $395,000

-- Gross Income: $50,677 -- Net Income: $28,276 -- Cap. Rate: 7.16% -- Return on Investment: 38.90% Details at: www.CastleQuest.ca

-- Gross Income: $83,877 -- Net Income: $42,913 -- Cap. Rate: 7.15% -- Return On Investment: 38.50% Details at: www.CastleQuest.ca

11-Unit apartment building fully rented to good tenants in a quality location near two major plazas. Rear paved parking lot for 11 cars included in price. Most tenants pay their own hydro on separate meters. New energy efficient coin-laundry machines. Substantial capital improvements with recent updates to ceramic tile hall flooring, new coin laundry room, new vinyl windows, front landscaping & extensive apartment upgrades. Listing Brokerage BOR is related to Seller.

To view Photo Tours and Full Details of these income properties & others, visit our websites at:

www.CastleQuest.ca www.IncomePropertyAdvisors.ca

or call Steven Kealey, Broker of Record, at 905-734-6000

Please say you saw it in The Commercial Investor

Niagara Peninsula

Investment Real Estate, Brokerage*


68

Volume 14 Issue 05

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

11246794_2114

COMING SOON LAKE ERIE LAKEFRONT RESTAURANT, BAR, PATIO AND ROOMING HOUSE ALL IN ONE, CRYSTAL BEACH 4080 ERIE RD, CRYSTAL BEACH NO DOWN PAYMENT Completely renovated 3+ reduced $153,000 bedroom, 2 story located right across from bay beach, will rent for $1000 per week in the summer. Zoned commercial, or earn $500 per day selling beach related products and fast food, the house is in mint condition, never been lived in since renovation, owner would consider trading for another house in the Niagara District. 1714_DJW_0098

46 RYKERT, ST CATHARINES, FOR SALE OR LEASE, EXCLUSIVE LISTING reduced $375,000 Newly renovated 4 unit brick 2 storey apartment building consists of 1 - 1 bdrm, 2 - 1 bdrms and 1 - 2 bdrm units. $27,000 gross income, tenants pay hydro. $200,000 in renovations. Owner willing to assist with financing.

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

79 RIDLEY RD. ST. CATHARINES FOR SALE OR LEASE, EXCLUSIVE LISTING reduced $995,000

$1,690,000

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

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

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

2114_DJW_1_0007

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

1714_DJW_2_0007

26 VICTORIA ST. PORT COLBORNE - TRIPLEX further reduced to $179,000 One 3 bdrm @ $800 monthly plus gas and 11% CAP RATE hydro. 2 - 1 bdrm @ $575 monthly each plus hydro (electric heat) maintenance fee character home located 1 block from downtown and half block from canal and historic West Street.1714_DJW_2_0008 57 JOHN ST, THOROLD EXCLUSIVE LISTING

1714_DJW_1_0015

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

Niagara Peninsula

Please say you saw it in The Commercial Investor


Volume 14 Issue 05

69

Commercial Real Estate & Business Opportunities

GREAT INVESTMENT/DEVELOPMENT LAND

RobeRt maRtens Broker

905.980.1790 Niagara Real Estate Centre Brokerage

Rick hawes

Broker

905.347.0173

905.688.4561

2114_DJW_5333

Last large parcel of prime development/investment land in the Niagara-On-The-Lake Business/Industrial Park. Close to all amenities, QEW, USA Border, airport and GTA. This vacant industrial land offers great potential being zoned prestige and light industrial. See listing agent for additional details. EVO Phase One available plus survey. Lot frontage on Townline is 266 feet assembling more or less 28.8 acres. At $150,000 per acre this is the least expensive and largest parcel available for development in this industrial park. Already established companies like Purolator, the new federal building, Clares Harley Davidson, Can-Pick Cranes, the New Huskys and the DOT to mention a few. 2114_DJW_1_0097

RichaRd m. oswald

FAX: (905) 356-5602 Toll Free: 1-800-216-4440 Cell: (905) 380-4667

Independently Owned & Operated

3770 Montrose Road, Unit 1B Niagara Falls, Ontario L2H 3K3 11282058_2114

Garden City Realty Inc

Brokerage Independently Owned & Operated

Tony Tripodi

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

Broker

tripodi@sympatico.ca

*INDUSTRIAL*COMMERCIAL*INVESTMENT*

THE DEAL OF THE YEAR

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

Bus: (905) 357-3000

Niagara Real Estate Centre Inc., BRokERagE

8181576_2114

Sales Representative Email: roswald@homesniagara.com

Thriving well known Established Restaurant Business includes chattels, land and buildings. Prime high traffic location with easy access and ample on-site parking. Additional storage in upper level and basement. Asking $550,000 for the whole package or purchase business for 11214583_2114 only $250,000.

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

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

Please say you saw it in The Commercial Investor


70

Commercial Real Estate & Business Opportunities

Volume 14 Issue 05

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________

Please say you saw it in The Commercial Investor


Volume 14 Issue 05

Commercial Real Estate & Business Opportunities

71 businessbarometer

Risk Reduction is key to small business success

T

hese are challenging times for small businesses: from unprecedented foul weather to cyber blackouts, small to mid-sized businesses are beginning to put much more emphasis on risk reduction and mitigation.

According to RSA Insurance’s national Risk Report Survey (conducted by MQO Research) approximately two-thirds of Canadian small-to-medium sized businesses are confident that they can mitigate these threats. The Risk Report Survey collates the opinions of 600 small business owners across the country on how specific challenges have impacted their bottom line and what measures they are taking to mitigate those risks. “Canadian entrepreneurs have been resilient in the wake of significant global economic and climactic volatility,” says Julie Pingree, the vice president of commercial insurance at RSA.“By putting a greater emphasis on risk management, and indeed risk reduction, small businesses are helping secure jobs and drive economic sustainability.” HeRe aRe a few moRe suRvey findings: talent and succession Planning Approximately four out of 10 small-tomedium sized businesses have been affected by at least one type of ‘talent management and succession planning’ challenge in the past year, and 42 per cent of those affected identified the inability to recruit skilled staff as the most serious challenge.

criminal activity Roughly one third of SMBs have been affected by some form of criminal activity during the same timeframe, with 18 per cent of those businesses identifying credit card or cheque fraud as the most serious. business interruptions Technological malfunctions are yet another major source of business interruptions that can result in costly productivity delays. For 23 per cent of those who have experienced significant business interruptions, network, broadband/computer issues or equipment failure were the most disruptive, while keeping up with new technology or managing problems with existing technology were central concerns for 19 per cent. “We often expect the major events, like severe weather, to be what really tests our business, but oftentimes it’s the day-to-day occurrences associated with

Please say you saw it in The Commercial Investor

running a business that can present the most unforeseen challenges,” says Pingree.“Working with a knowledgeable insurance broker who can help you identify and navigate potential threats before they impact your business is a strategy that business owners cannot afford to overlook.” Though a number of small-to-medium sized businesses have not lost their appetites for taking calculated risks, 58 per cent foresee no change in their willingness to do so over the next two years. Across the board, however, the negative impacts that are consistently top of mind for entrepreneurs are increased competition, reduced profit margins and constrained business growth. More information, including assistance for locating a local broker, can be found at www.rsagroup.ca. – NC


72

Commercial Real Estate & Business Opportunities

Volume 14 Issue 05

Business Investor

9649286_1714

Please say you saw it in The Commercial Investor


h

a

m

i

l

t

o

n 8148414_2114

Mazhar Roshan Sales Representative

905.929.9800 905.318.3800 647.609.9463

Direct 24 Hr. Pager

BROKERAGE

GTA Direct

mazharroshan@sympatico.ca d te valer i t o sel

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

BUSINESS FOR SALE

m

Long established mattress manufacturing business for sale, owner retiring. Lucrative opportunity for business enterpreneur, easy operation, money maker. Seller will provide full training and establish list, for more details call. 2114_DJW_3_0018

2114_DJW_1_0019

2114_DJW_2_0018

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

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

LAND FOR SALE

2114_DJW_2_0019

3 t ly ef n l o ts lo

FOR LEASE - $15.00 PER SQ FT.

DOWNTOWN - HAMILTON $1,500,000

d te va er ti ll o e m s

2114_DJW_1_0064

2114_DJW_2_0003

BUSINESS FOR SALE BURLINGTON - $89,900

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.

DESIREABLE ANCASTER LOCATION

On Wilson Street at the corner of Hwy #52. Across from the Ancaster Fairgrounds. Brand new Esso Gas Station and a modern restaurant coming soon. 7 units to choose from, has 2 bay auto garage. Good for any type of retail, office, commercial, warehouse or other uses. Call listing agent for further details. 2114_DJW_0026

GREAT BURLINGTON LOCATION - $114,900

m

2114_DJW_0027

RETAIL STONEY CREEK MOUNTAIN 2114_DJW_3_0066

2114_DJW_1_6668

FOR LEASE BRANTFORD

2114_DJW_1_0006

2114_DJW_1_0024

d te valer i t o sel

price reduced Retail commercial space in strip plaza. Anchored by Tim Hortons. Close to 403 exit and rapidly growing commercial sector. Suitable for many kinds of retail, commercial or office uses, TMI for 2012 is $5.00 per square foot, call LBO for more information and showings.

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

Plaza Prime Location. Investment Property. Anchor Tenant Bank. Also Convenience store and Pizza Franchise. Up to 7% CAP Rate. Worry Free Investment. Call for Details. (principals only)

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.

High Volume Convenience Store Doing up to $30,000 Weekly sales. Desirable location in Hamilton. Call for more details. 11G COM


Mortgages

WONDERLAND PATH TOWNHOMES L O N D O N

#12051

background illusrtation purposes only

*actual house rendering

47 Incredible Townhomes Pre Construction Prices starting from $279,900! Positive Cash Flow up to $686 per(permonth! unit / unit specific) · Only 22 pre-construction units available at this price! · Reservations being taken now - first come, first serve

26 25 24 23 22

32 31 30 29 28 27

21

20 19 18 17 16 15

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

33

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

34 35

· Property Management: Available

36 37 38 39

Up to 21.5% ROI on 20% Down! Up to 49% ROI on our RRSP Exchange Program!

14 13 12 11 10 9

40

8

7

6

1.888.330.3866

2

1

Currently for pre-construction sale in phase I.

*Units 23-47

44 45

Will be available in phase II.

46 47

Location

Wharncliffe Road South, London Minutes from Highway 401!

11278058_2114

Visit us Online:

www.profunds.ca

DISCLOSURE: This is not an offer to sell securities. Licensed mortgage agents/brokers and independent legal advice are required to close all transactions. All mortgages are closed through Verico Pro Funds Mortgages Inc. (Financial Services Commission of Ontario – FSCO Mortgage Brokerage License No. 12051).

COM

3

*Units 1-22

42 43

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

12G

4

Site Map

41

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

Call Us Today:

5


A U CTIO N 2114_DJW_0123

POWER-OF-SALE

2114_DJW_0122

POWER-OF-SALE

TO BE SOLD BY AUCTION ON SITE

TO BE SOLD BY AUCTION ON SITE

Thurs. June 26th at 11:00 am 19 MILL ST., VANKLEEK HILL, ON Commercial building outfitted as a restaurant complete with equipment & vacant lot across the street.

Thurs. June 26th at 4:00pm 69 LOCHIEL STREET N., RENFREW, ON 2 commercial buildings with shop, laundromat & apartments.

GARDNER AUCTIONS INC.

“ACTION BY AUCTION SINCE 1922”

www.gardnerauctions.com 519.685.2929 Fax 519.685.9817 Pictures & info at:

9997201_2114

Paul Manion Royal LePage Your Community Realty, Brokerage

Independently Owned and Operated

Sales Representative

905.731.2000

11284353_2114

Investment Opportunity Outside of the GTA $999,500

2 Storey Office/Residential. 4000 sq ft of professional offices. Fully occupied plus 7 apts 4-2 bdrms & 3-1 bdrms. All with balconies. Original owners.

0914_DJW_8000

0914_DJW_1_0006

13G COM


14G

COM

9853283_2114


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

phone 905.268.1000 fax

905.542.2836 Member Commercial Division, Toronto Real Estate Board

INVESTMENT PROPERTY GEORGETOWN

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

100 BED STUDENT RESIDENCE WATERLOO

• Short walk to WLU and UW Campuses. • Fully-furnished luxury units. • FREE, unlimited, high speed internet in each bedroom • High-end fixtures and finishes. Large bedrooms • Two bathrooms per suite

$3,700,000 2114_DJW_5_0066

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

2114_DJW_0136

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

43 ACRES COMMERCIAL LAND NIAGARA REGION

$11,500,000 • Highway Commercial Land • Minutes to Peace Bridge • Opp. Black Creek Resort • Many opportunities • VTB possible

$6,500,000 2114_DJW_1_0077

Live and Work in Streetsville

$1,900,000

2114_DJW_0137

• R 3 Zoning • 4 large offices + 2 living rooms • Fully renovated • Hardwood floors • Extra large lot • Parking for 8-10 cars

READY TO BUILD 38 UNITS BRANTFORD

• Excellent location • 403 & Wayne Gretzky Pkwy

$499,000 2114_DJW_0147

$589,000

2114_DJW_0138

power of sale properties - prinicipals only

• Bungalow with basement • Empty shell, some framing done... • Opportunity to construct own home or finish and sell. Money making project.Two bathrooms per suite

$424,000

NIAGARA PENINSULA

PORT HOPE - CORNER BUILDING

2114_DJW_2_0067

SOLD

BRAMPTON RETAIL SPACE

2114_DJW_2_0074

2114_DJW_1_0069

• Excellent retail space fronting on Kennedy Rd. • 927 sq ft

$285,000

• Property includes 3300 sq ft home • 100 acres • Barns, horse paddocks

$885,000 2114_DJW_1_0070

8471255_2114

MISSISSAUGA STREETSVILLE

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

New Price $718,000

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

15G COM


Commercial Properties Business Opportunities Franchise Openings & more!

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

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

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

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

App Store

Bus.

“IT’S INFORMATION AT YOUR FINGER TIPS”

416-840-6227 1-877-272-1721

11280730_2114

RESIDENTIAL INVESTMENT PROPERTIES UNIQUE - BOTH SIDES OF SEMI

LUXURY TOWNHOME NEAR FIFTY POINT $295,500. 2 stry, 3 bedrm, 2.5 bathrms. Rented to long term tenant $1435/mo. + util. Turnkey Investment.

J. Michael Ricottone Broker of Record

Office: 905.681.7236

Direct: 905.719.6828

2 stry, 3 bedrm. Upper Stoney Creek - High demand area. $235,000 per unit. Fully rented $1200 per month plus utilities. MLS# H3129637.

michael@sellect.ca

2114_DJW_2_0014

2114_DJW_3_0015

BE SEEN IN THE LIMELIGHT!

Highlight your hot, new and unique listings. Feature 2 prop erties and your agent photo in a full colour quarter page ad.

Reserve your space today! 416-784-5060 16G COM

THE COMMERCIAL INVESTOR: SPOTLIGHT

Commercial Properties • Business Opportunities • Franchise Openings & more!


Commercial Properties Business Opportunities Franchise Openings & more!

An Outstanding Investment Opportunity in the heart of Niagara Falls, Ontario. New 5 Year Lease to A Nightclub. 9% Cap Rate! Location, Location, Location.

Integrity R.E. Inc., Brokerage

Michael Schuler Broker, SIOR

289-291-5067

Codruta Vasaliut Sales Representative

289-291-5082

2114_DJW_0144

11239370_2114

atWORK BUSINESS FOR SALE

MIXED USE OPPORTUNITY

Dale Petrie

$750,000

Sales Representative

Great income potential. Retail/Wholesale and live upstairs. Excellent Hwy frontage. 15 mins. to Hamilton/Stoney Creek, 10 mins to Grimsby. 6 units total. 3 retail, 2 apts & 1 office, plus 7000 sq ft warehouse. VISITS ARE STRICKLY BY APPOINTMENT ONLY.

TEAM

Herman Chu & Raymond Ow Sales Representatives

905-821-3200 Royal Lepage Meadowtown Realty Brokerage

905-687-9229

dale@mcgarrrealty.com 11287234_2114

2114_DJW_0113

Profitable ongoing office furniture business. Owner retiring. Central location: 15 mins. to Hamilton/Stoney Creek, 10 mins. to Grimsby. Price includes: Business, land, building, fixtures & equip. Inventory priced separately. Top brands, www.atwork.ca. VISITS ARE STRICKLY BY APPOINTMENT ONLY. 2114_DJW_0011

2114_DJW_0112

Entrepreneur and investeors dream property, turn key operation with 5.69 acres including 4 stand alone commercial structures. Home of the Jarvis County Corn Festival! Vendor spacing, full commercial kitchen, Mennonite Outlet, Antique sales, Retail store, E bike dealership and cafe. Priced to sell! Do not miss out on this St Jacob style farmers market gem. Groundwork and branding already established, unlimited potential. Please call Herman Chu or Raymond Ow at 905-821-3200 for further details and visit “Http://youtu.be/J2HWToJoi7K” for a video tour of the property.

2114_DJW_0010

$899,000

Exit Realty Hare (Peel) Brokerage

Independently Owned & Operated

Eugene Dignum

Stephen Dignum

Sales Representative

Broker

THE COMMERCIAL INVESTOR: SPOTLIGHT

STEELES AVENUE ATTENTION INVESTORS/ DEVELOPERS! Corner parcel borders the Mayfield West Plan area. Not in Greenbelt. Great opportunity to invest. Located within Alloa Group Plan slated for future development. Approx 97 acres. List Price $8,900,000. 2114_DJW_0012

11277268_2114

11287118_2114

Prime corner approx 13 acres. Designated prestige industrial zoning with other possible commercial uses. Next to new Prime Outlet mall and Hwy 401. 2114_DJW_1_0089

1.866.297.3948

www.eugenedignum.com

Commercial Properties • Business Opportunities • Franchise Openings & more!

17G COM


8302229_2114

Bill Bradley

YOUR WAY REALTY INC. BROKERAGE

Sales Representative

416.258.6866

Independently Owned & Operated

Unit 2, 1240 Speers Rd., Oakville ON 905.815.9900

exitwithbill@gmail.com

2114_DJW_0017

1251 WHITE LANE, OAKVILLE SPECIAL PRICE $1,100,000

Approx. 5,000 sq ft, wheel accessible 2 storey home with finished lower level with home theatre and games rooms, 7 bedrooms, 5 baths, offices, dream kitchen, situated on a large ravine lot with swimming pool, hot tub, cabana and large patio. MUST SEE!

1429 SPEERS RD. OAKVILLE 2114_DJW_1_0079

11275484_2114

Commercial, Real Estate & Business Opportunities

$1,025,000

Over 1/2 acre on a comm, ind, retail, outside storage property. A 30000 sq ft building with 3 offices, 2 baths, storage and a shop in the lower level. Loading dock and drive-in at the rear of the property. Build onto or renovate.

Strip Plazas and Retirement Homes Available From $1,000,000 to $15,00,000.

Call Bill Bradley at 416-258 6866

18G COM


11276415_2114

19G COM


Real Estate and Mortgage Investment Specialists

Buying Power Let Profunds be your

Mortgages #12051

· 1st and 2nd mortgages direct from private investors

· Funds available from $25,000-$100,000,000

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

· Quick closings can be accomodated

Residential

Commercial

Development

Rental

SERVING INVESTORS FOR OVER

Construction

Private Funds

15 YEARS

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

Earn Positiv� Returns

Investors, do you have equity in your real estate, RRSP’s or TFSA’s? Inform yourself on how to earn 8-16% annually on safe & secured real estate investments. Visit our website to watch our videos and contact us NOW to start the process:

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

9741130_2114


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