June 22 - July 19, 2013 Volume 13 Issue 7
INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! ed
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4112_DJW_0020
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FREE SUBSCRIPTION!
2113_DJW_0077
3312_DJW_0124
user/investor opportunity 11 roy boulevard, brantford ON - $1,450,000 Car/truck repair facility, vehicle sales, industrial building with income. Multiple units. Total area: 12,507 sq. ft. Land: 0.90 acres. For more information, please call: William DeJong, President & Partner, Broker of Record 905.338.8877 Ext. 220 Direct: 905.730.1500 Dean Piett, Senior Vice-President, Broker 905.338.8877 Ext. 222 Direct: 905.467.1651 Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage www.cbci.ca
Hamilton - upper james @ the Link John Paisley, Broker Midevco Commercial Realty Corporation, Brokerage 905.639.7426 Ext. 2 Email: john@midevco.com www.midevco.com
Get The Commercial Investor delivered directly to your door! See inside for details
FC_2513 (COM)
2513_DJW_0012
Over 11 acres - Asking $599,900 Located in a high traffic area with highway access. Approximately 797 ft. of frontage, zoning allows for a wide range of uses. Recently renovated office and sales centre and a large shop with 14 ft ceilings. Currently used as a Garden Center, potential business opportunity available. For more information please contact: Jennifer Spoleti, Sales Representative Homelife Macro Realty Inc., Brokerage 905.574.3038 Email: jspoleti@homelife.com
Orangeville - $975,000 Two beautiful brick 4-plexes, side-by-side, built in 1990. All 2-bedroom suites (approx. 1,000 sq. ft.) containing frig., stove, stackable washer and dryer. Buildings are in excellent condition throughout with new shingled roofs (2010). Never a vacancy. Gross rent $88,320. Close to all amenities: Shopping, transportation etc. Asking $975,000. Exclusive listing. Principals only. 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
FOR SALE
COMMERCIAL OPPORTUNITIES
$5 MILLION
2513_DJW_1_0046
FOR SALE
Direct QEW Exposure
$1.78 MILLION OR $4 PER SQFT.
FOR SALE
Over 10,000 sqft. combined office and warehouse space, along QEW corridor in Lincoln with easy truck access, ample parking, great visibility. 2+ acre site has many possibilities to grow and expand. For sale at $2.3 Million. 2513_DJW_1_0040
AVAILABLE
FOR LEASE
0.8 of an acre of development land in busy St. Catharines corridor, across from General Hospital. Currently operating as a parking lot. Corner lot with building at property line with 2000 sqft. of retail space and a single residential unit. 2513_DJW_1_0041
7 acres of land. Potential of future development at Casablanca Blvd., just South of the QEW near the Gateway Centre, and future GO station in Grimsby.
Units for lease in brand new 3 storey building in Binbrook. Main floor and lower level, up to 15,000 sqft. available and can be divisible down to 800 sqft. Plenty of parking and high visibility on a major road, near school and shopping on a hard corner. Open your business here or relocate for better exposure. 2513_DJW_1_0028
FOR SALE
FOR LEASE
$379,000
$15 PER SQ FT PLUS $9 TMI/CAM
2513_DJW_1_0045
FOR LEASE
$119,900
$10. PER SQFT. PLUS $3.75 TMI/CAM
$21 PER SQFT PLUS $4 TMI/CAM
Commercial Building at main signalized intersection in Smithville. Main floor Commercial unit of 500 sqft and second floor. 1 bdrm residential unit of 500 sqft.
3000 sqft. of office space for lease in Smithville in new building.
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.
2513_DJW_2_0044
*HomeLife Macro Realty Inc., Independently Owned & Operated
2G
$10 PER SQFT. PLUS $3 TMI/CAM
21,000 sq. ft. of prestige industrial space with 25 ft. ceilings and 3 load levelling docks. Office space component consists of 5000 sq. ft. Adjacent to the QEW corridor with easy access to the highway in Lincoln. Vacant lot next to building included for future expansion. 2513_DJW_1_0030
Brokerage
COM
FOR SALE
2513_DJW_1_0042
2513_DJW_1_0039
Nicholas Kazan, Broker Nicolas von Bredow, Broker
905.574.3038 1.888.751.2229 www.HLCommercial.com
11268720_2513
H O M E L I F E M ACRO
*
The Beaches at Port Development for sale. To be built in St. Catharines. 2.8 acres of land, 380 ft. of water frontage. 16 residential units, drawings and approvals complete, just apply for building permits.
COM
3G
11276500_2513
139 WASHBURN DRIVE, KITCHENER
$2,950,000
1102 KING STREET, PRESTON
$899,900
Own a piece of Preston's history! The Grand River Hotel has been operating as a Country and Western bar and grill for over 30 years. Situated on 0.42 of an acre with paved parking for 20 vehicles, and located on a high traffic corner. The building features 6,700 square feet of main floor space with 19 rental rooms on the upper 2 levels, and is licensed for 460 patrons.
$399,900
1223 KING STREET ST, JACOBS
$359,900
2513_DJW_2_0120
52 WEBER STREET
Mixed use triplex located in downtown Kitchener. The subject property is comprised of 2 one bedroom apartments and a 1400 s.f. retail unit situated on public transit route and close to all amenities. CR-3 Zoning allows for many commercial uses. Must be purchased with neighbouring 5-plex. MLS
$11.50/SF
Great exposure on King Street located directly beside Tim Hortons on main arty of St. Jacobs. This 3 bedroom 2 bathroom home features large principal rooms, oversized attached garage, fully fenced lot, newer furnace. M-5 zoning allows for many commercial uses.
450 FREDERICK STREET, KITCHENER
2513_DJW_2_0039
le it
2513_DJW_1_0093
un y1 On l
EXCEPTIONAL OPPORTUNITY FINISHED OFFICE SPACE FOR LEASE 1,260 sf remains for lease across from new courthouse. Zoned (CR-2) Commercial Residential Two Excellent for Legal Professionals, Accountants etc. Great visibility on Weber St. and proximity to Downtown Kitchener Air conditioned office space with large windows & natural light
Last unit remaining 3rd floor suite w/private offices From 1,904SF to 2,425SF available Elevator, onsite parking, close to expressway.
4G
2513_DJW_1_0062 2513_DJW_1_0121
Downtown Kitchener 5 Plex. Comprised of 2-three bedroom, 1-one bedroom, and two bachelor units, the building is situated on a high exposure intersection. Currently the building is used as residential, however commercial retail uses are permitted. Must be purchased with neighbouring tri-plex. MLS
FREDERICK MALL, KITCHENER
-Retail units and Pad Site available -Mall undergoing extensive renovations -On Bus line -On Expressway -Join Valumart, CIBC, Dollarama and many more
PORT ELGIN For lease 2,400 SF, only unit in 30,000 SF plaza, former Curves space, excellent location, unit in great condition. WATERLOO INVESTMENT For sale. Exclusive Principals only, $929,900 main floor retail (w/basement), 2 floors of residential apts w/long term tenants. ROCKWOOD, ON Close to Guelph, Tim Hortons. Ideal for restaurant & services uses. Pre-leasing. NORTH DUMFRIES INDUSTRIAL For sale: $2.2M. 15,000SF - fully leased. On 4 acres, backs onto Hwy #401
DUNCAN McLEAN
RYAN BRIGGS
SALES REPRESENTATIVE
SALES REPRESENTATIVE
OFFICE
519.578.0337 x22
OFFICE
519.578.0337 x19
CELL
519.590.7997
CELL
519.498.5775
FAX
519.578.0025
FAX
519.578.0025
Duncan@cmarealty.ca COM
$549,900
$9.50/SF
ft
82 WEBER STREET E., KITCHENER
56 WEBER STREET
2513_DJW_2_0061
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.
Fully leased industrial building offered under power of sale. Easy access to Hwy #401, high profile Pinebush Rd. location, dock and drive in loading, abundant finished office provide baseline for continued rental income.
2513_DJW_1_0104
$1,295,000
High profile office building in Huron Business Park. Built in 2002, the building is situated on a 2 acre lot and is comprised of 15,000 square feet of finished office space, 5000 square feet of warehouse space, and large rear parking lot that is completely fenced. B-2 zoning allows for commercial uses including manufacturing, educational, religious institute, laboratory, repair service, etc.
2513_DJW_2_0057
1458 WEBER STREET E., KITCHENER
$1,950,000
2513_DJW_2_0070
Purpose built in 2008, this 118 bedroom student residence is located 1 block from Wilfred Laurier University on main artery of Waterloo. The existing 10 storey building is comprised of 24-5 bedroom units and a 3 bedroom luxury penthouse suite. Included in the purchase price is a 039 acre parcel of MR-25 zoned residential lot abutting the existing building site plan approved for a 15 storey 40 unit (200 bedrooms) student apartment. Floor plans for new building are available upon request.
181 PINEBUSH DRIVE, CAMBRIDGE
2513_DJW_3_0063
$12,900,000 2513_DJW_1_6002
316 KING STREET NORTH, WATERLOO
KITCHENER ONTARIO 8471421_2513
Ryan@cmarealty.ca
Volume 13 Issue 07
1
Commercial Real Estate & Business Opportunities
Featuring the best selection in industrial, commercial and investment opportunities REAd By OvER 100,000 BuSiNESS REAdERS!
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Copyright Notice: All copyright and other intellectual property rights in the contents hereof are the property of Wall2Wall Media™ and not of the customer. The customer has purchased the right of reproduction in The Commercial Investor only and does not have the right to reproduce the ad or photo in any other place or publication. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. Wall2Wall Media is a trademark of Yellow Pages Group Co. in Canada. Copyright 2013 Copyright 2013 Wall2Wall Media™. All rights reserved by Wall2Wall Media™, Toronto, Ontario, Canada. Reproduction, storage in a retrieval system or transmission in any form or by any means, whether electronic, mechanical or otherwise, in whole or in part, without the
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Volume 13 Issue 07
Commercial Real Estate & Business Opportunities
special features 10 IN THE NEWS — The Year Ahead: Canadian investors optimistic about personal investments, domestic economy 14 BUSINESS BAROMETER — Small business confidence edges down in May
34
18 IN THE NEWS — Ontario’s economic growth to pick up the pace in 2013: RBC Economics 30 BUSINESS SAVVY — Taking it around the world: Increasing online sales 34 IN THE NEWS — The Shops at Westwood Square 43 IN THE NEWS — Canada’s Taxpayers’ Ombudsman expands reach to taxpayers with launch of Twitter Account 52 BUSINESS SAVVY — First steps to starting a small business
70
62 IN THE NEWS — Mountaineers prove that banking with Standard Chartered is possible even at the top of the world 70 MONEY SMARTS — Students to learn the importance of small business 74 IN THE NEWS — Virtual prevention: Protecting your business from fraud
Glossy Section Editorial
62
14G LEGALLY SPEAKING — Commercial Mortgages
By Konstantine Chatzidimos and Jayson Schwarz
16G IN THE NEWS — Park the Tax hike! Retailers welcome debate on transit investment: Reject ill-considered Parking Tax proposal
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Volume 13 Issue 07
3
Commercial Real Estate & Business Opportunities
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 07
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
COM_2513.indd 4
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Commercial Real Estate & Business Opportunities
519-745-7000
Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9
Mike Milovick B.B.A., Sales Representative
CI@TeamMilovick.com
fax: 519-489-1333
8302191_2513
Grand Valley Realty bRokeRaGe independently owned and opeRated
Royal LePage
Kitchener/Waterloo Guelph & Cambridge
Volume 13 Issue 07
www.TeamMilovick.com
Invest in Ontario’s Number 1 Town Today!
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 34 BRIDGEPORT ROAD EAST, WATERLOO
253-255 ALBERT STREET, WATERLOO
• Purpose Built, Stunning Building • 8 Residential Units, 2 Commercial Units • Tremendous Location: 97 Walk Score - Walker’s Paradise • 5.69% Cap • MLS® 2513_DJW_1_0035
• New Northdale Mixed Use Zoning • 87 Bed • Re-Development Potential • Steps to WLU • Over 1/3 of an Acre • MLS®
2,600,000
$
317 SPRUCE STREET, WATERLOO
1,050,000
1,233,000
$
335 WAYDOM DRIVE, AYR
619,000
$
$
• 2.6 Acres of Industrial Zoned Land • Highway 401 Exposure • MLS®
• Flexible Z9, Z11 zoning • Generous Lot Coverage Allowance 2513_DJW_1_0011
191 CEDARBRAE AVENUE, WATERLOO
325,000
419,000
$
• House with registered accessory. • Opportunity to set own rents.
41 INDIANA DRIVE, KITCHENER
239,900
$
• Legal, Non-conforming Duplex • Easy Walk to Vibrant Kitchener Downtown • $1525 Monthly Income • Over $25K in recent updates/improvements • MLS® 2513_DJW_1_0157
• 9-(5+4) Student, Rental Licensed Opportunity • 10.33 Cash on Cash Return
2513_DJW_1_0036
558B BROOKHAVEN DRIVE, WATERLOO
$
• $41,000 Potential Gross Income • Recent updates to Main Unit • MLS®
• Student Recognizable Street • Legal 8 (5+3) student Opportunity
2513_DJW_1_0038
18-12 BRIDGEPORT ROAD EAST, WATERLOO
237,000
• $2375 Monthly Gross Income • $4300 + Annual Cash Flow • MLS®
• Re-rented for September, 2013! • 5.53% Cap 2513_DJW_1_0037
1-455 ALBERT STREET, WATERLOO
214,900
$
• $1500+ Per Month Income • Oversized Bedrooms • MLS®
• $51,300 Potential Gross Income • 6.37% Cap Rate • MLS®
294,900
$
• Ideal 3+2 lay out • Freehold - no condo fees • MLS 2513_DJW_0107
164 HERBERT STREET WATERLOO
560,000
$
• $92,000+ Gross Annual Income • 6.19% Cap • Legal, 15 Student, Rental Licensed Triplex • 9.49% Cash on Cash • MLS® 2513_DJW_1_0029
2513_DJW_2_0007
$
• 100% Student Occupied Complex • Uptown Location, Easy Walk to Universities 2513_DJW_4_0044
• Super Entry Level Opportunity • City Rental License Approved • MLS®
• $1500 + Monthly Income • Re-rented unit at least August, 2014 2513_DJW_2_0040
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Volume 13 Issue 07
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
Whitney & Company Realty Ltd., Brokerage
INVESTMENT OPPORTUNITIES 276 EIWO COURT, WATERLOO
28 ELGIN STREET, WATERLOO
• 23 unit apartment building (1,2 & 3 bedrooms) • Currently operated as registered condo corp • Units separately metered MLS • $3,675,000 2513_DJW_1_0020
89-103 MAIN STREET, CAMBRIDGE
• 33,218 sq. ft. office building • Fully occupied • Possible conversion • Reduced $1,500,000
2513_DJW_2_0097
• Nicely finished, open concept, office space • High profile location with ample on site parking • 10,000 to 25,471 sq. ft. available MLS • $5,250,000/$17.50 per sq ft net 2513_DJW_0057
MLS 2513_DJW_1_0022
• Redevelopment opportunity • 25,250 sq ft on 1.19 acres • Zoned for high density development • $2,295,000
• 18 unit apartment building • Bach, 1 & 2 bedroom suites • Solid construction, brick exterior
MLS 2513_DJW_2_0025
MLS 2513_DJW_2_0137
KOSSUTH ROAD, CAMBRIDGE
MLS 2513_DJW_1_0023
• 25.5 acres • Future development potential • Easily access to Kitchener, Cambridge, Guelph MLS • $559,900 2513_DJW_2_0024
105 OAK PARK DRIVE, WATERLOO
• 1,464 to 2,982 sq. ft. office/retail • New building - Occupancy June 2013 • Patio space available with end units • $20.00/sq ft net
MLS 2513_DJW_0056
380 ERB STREET, WATERLOO
1015-1051 KING ST E KITCHENER
27 RIVERVIEW PLACE, KITCHENER
• 3.63 acres industrial land • In prestigious Grand River Business Park • Located just off Victoria St. N, Kitchener • $671,550 ($185,000 per acre)
MLS 2513_DJW_0099
• 23 unit apartment building (1 & 2 bedrooms) • Solid construction, brick exterior, balconies • Great Waterloo location. • $2,489,000
3065 KING STREET EAST, KITCHENER
895 WILSON ROAD, KITCHENER
• 14,400 sq ft warehouse/office space • 2 drive-ins & 1 dock level loading • 16’ 20’ ceilings; 800 amp service • $5.95 per sq. ft net
• 17 units, 48 beds • 1 bach, 1-2 bedroom, 15 - 3 bedroom • Presently rented as a student housing • $3,355,200
475 PARKSIDE DRIVE, WATERLOO
305 KING ST. W., KITCHENER
MLS 2513_DJW_2_0029
• Office suites from 1,000 to 30,000 sq. ft. • Recently renovated • Underground/surface/off-site parking • From $7.95 sq ft net
MLS 2513_DJW_2_0030
8157182_2513
John Markou, Sales Representative john.markou@whitneyre.com Ext 242
Christopher Coupal, Broker, CCIM christopher.coupal@whitneyre.com Ext 238
519-746-6300
James Craig, Sales Representative james.craig@whitneyre.com Ext 259 Although the information contained within is from sources believed to be reliable no warranty or representation is made to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Whitney & Company Realty Ltd., Brokerage.
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Volume 13 Issue 07
7 Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
Whitney & Company Realty Ltd., Brokerage
LEASING OPPORTUNITIES 2513_DJW_1_0026
1,381 sf turnkey office ready for occupancy High traffic location & University & Weber Sts Free onsite parking $25.00 per sq. ft. net MLS
• • • •
• • • •
• • • •
1336 to 3879 sf retail Fantastic exposure - 27,000 vehicles/day Complete with patio Ideal for retail/restaurant use MLS
150 WISSLER RD # 1, WATERLOO
4396 KING ST. E., KITCHENER
2513_DJW_3_0035
2513_DJW_2_0028
92 KING ST. S., WATERLOO
820 - 9,605 sq. ft. retail/industrial units New owner - improving property Great access to Hwys 7, 8 & 85 From $6.00 per sq. ft. MLS
Great open concept 2nd floor space Own private entrance Located in heart of uptown Waterloo 2,032 to 4,065 sqft. MLS
2513_DJW_0059
• • • •
646 ERB ST W WATERLOO 2513_DJW_2_0027
1595-1601 VICTORIA ST. N. KITCHENER 2513_DJW_0058
65 UNIVERSITY AVE #10, WATERLOO
• High profile 2000 sq ft corner unit • Suitable for office, retail, restaurant • Ample on-site parking • Lease 16.95 per sq ft net MLS
11274704_2513
James Craig, Sales Representative james.craig@whitneyre.com Ext 259
• 1,968 sq ft. retail/office available immediately • Plaza is located on high traffic corner • Join Tim Horton’s, 2001 Audio, Subway, etc • Asking $16.95 per sq ft net
Matthew Dickson Sales Representative matthew.dickson@whitneyre.com
Ext 261
519-746-6300
Although the information contained within is from sources believed to be reliable, no warranty or representation is made to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Whitney & Company Realty Ltd., Brokerage.
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8
Commercial Real Estate & Business Opportunities
Volume 13 Issue 07
Kitchener/Waterloo Guelph & Cambridge 8331512_2513
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Volume 13 Issue 07
9
Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
508 Riverbend Drive Kitchener, ON, N2K 3S2 Phone: 519-743-5211
OFFICE/RETAIL FOR LEASE 1,587 SF, $20.00/SF MLS# 1142056, Kitchener Equipment included in lease rate. Great tenant support. High traffic location with ample on-site parking. Lester Tobin*
2,889 SF, $1,850/ MONTH MLS# 1224313, Cambridge Open Office/ Commercial concept. Located minutes south of Hwy 410. Ample on-site parking. 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** 4,039 SF, $12.95/ SF MLS# 122079, Waterloo Prominent building signage opportunity. High traffic intersection sees over 33,000 cars daily. Colin Vogel*/ Peter Benninger**
OFFICE/RETAIL FOR SALE 1,260 SF, $349,000 EXCLUSIVE, Kitchener Excellent location—car lot & sales. Two bay garage plus office. Nice lot. Good traffic exposure. Lester Tobin* 11,687 SF, $625,000 EXCLUSIVE, Elmira Signature office space at prominent intersection in core commercial district. Peter Benninger**
MEDICAL/PROFESSIONAL OFFICE BUILDING
9,294 SF, $1,950,000 EXCLUSIVE, Kitchener Well maintained office building on 0.84 acres. 92% rented. Ample free on-site parking. 7% CAP rate Lester Tobin*
8.072 SF, $849,000
MLS# 1212194, Kitchener
Free standing industrial building for owner or fully rented investment property. Tenants are month to month Lester Tobin* 7,740 SF, $1,500,000
VARIETY STORE WITH PROPERTY 3,815 SF, $949,000 MLS# 1211456, Heidelberg
Well established business for over 20 years. Free standing building. Corner lot. High sales. High traffic. Gary Boudreau*
INDUSTRIAL/WAREHOUSE FOR LEASE
MLS# 1218127, Orangeville 40’ x 100’ Drive thru bay doors at either end. 4.16 Acre lot, compounded yard, outdoor storage allowed. John Hoffman*
LAND FOR SALE 2 Acres, $540,000 MLS# 1144687, Kitchener
3,931 SF, $2.50/SF
Corner of Trillium & Huron with excellent access to Hwy 7/8 and Hwy 401. Many uses permitted. Peter Benninger**
MLS# 1118194, Kitchener
REDEVELOPMENT OPPORTUNITY!
Great clean 9-10 ft ceiling. All dry walled. Storage for documents., distribution company, etc. John Hoffman* 2,306 SF, $5.50/SF
12.09 Acres, $7,950,000 EXCLUSIVE, Kitchener
Over 1400’ frontage on major arterial road in an established urban environment. Colin Vogel*
MLS# 1214032, Kitchener One drive– in door. Small reception area. One finished office with small Mez. Very clean space. John Hoffman*
INDUSTRIAL/WAREHOUSE FOR SALE
DEVELOPMENT LAND 10.87 acres, $3.600,000 MLS# 1047293, Brantford
Prime development opportunity at high traffic, high visibility intersection. C10-4 zoning allows for a wide range of uses. Colin Vogel* INDUSTRIAL DEVELOPMENT LAND
5,152 SF, $599,000 MLS# 1214696, Kitchener
Two smaller industrial buildings (4,000 SF & 1,152 SF) Very suitable for automotive repair with 3 current tenants.
5.5 Acres, $434,500 MLS# 1137617, North Dumfries Twp.
4.3 Useable acres overlooking Hwy 401. Lester Tobin*
R. Blake. Hull*
www.coldwellbankerpbr.com/commercial
* Sales Representa�ve ** Broker of Record
8171433_2513
Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 07
inthenews
The Year Ahead: Canadian investors optimistic about personal investments, domestic economy TD Investor Insights Index reveals market confidence
D
espite reports of a cooling Canadian housing market and
a slow-growth U.S. economy, a
TD study reveals that Canadian investors have great expectations for the next 12 months. According to the first TD Investor Insights Index, which will serve as a
The majority of investors polled expect the Canadian economy will improve or at least stay the same over the next 12 months (26 per cent and 55 per cent respectively). Many investors also expect a great or fair bit of improvement for their investments in the next 12 months (41 per cent) and half think their investments will stay about the same (51 per cent). The study suggests that past market performance could be colouring this bright outlook. “Canadian investors have a positive view of current market conditions - both domestically and across North America,” said Bob Gorman, Chief Portfolio Strategist, TD Wealth.“While we anticipate moderate growth within the Canadian economy despite little change in key Canadian commodity prices, recent U.S. stock market performance is likely a factor in shaping that positive view.” Outlook, Impact and Expectations:
benchmark for future reports on investor sentiment, Canadian investors are optimistic about both their personal investment portfolio and the Canadian economy. The
The TD Investor Insights Index found that recent portfolio performance has a big influence on expectations. Canadian investors who saw improvements in their personal portfolio over the past 12 months are more likely to expect continued growth over the next year. Canadian investors who saw improvement versus those who experienced losses: 65 per cent expect improvement versus 24 per cent who experienced a loss
study served as a barometer for general investor outlook
30 per cent expect their investments to stay the same versus 53 per cent who experienced a loss
and looked at external factors influencing Canadians’ investment decisions and their confidence in domestic and foreign markets.
3 per cent expect a decrease versus 19 per cent who experienced a loss Still, the general sense of optimism is apparent even among those who experienced losses. Despite this year’s performance, investors who experienced a loss are still more likely to anticipate improvement than decline. Continued on Page 12
Please say you saw it in The Commercial Investor
COM_2513.indd 10
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11
Commercial Real Estate & Business Opportunities
TeAm AmiT Airi
Amit Airi
FULL SERVICE - RESIDENTIAL COMMERCIAL & INVESTMENT
Broker, B. Science, D. Pharmacy
Off:
RE/MAX Real Estate Centre Inc., Brokerage 766 Hespeler Road Cambridge, ON N3H 5L8 Independently Owned & Operated
519.623.6200
te a m a m i t a i ri @ g m a i l . c o m
W W W. A M I TA I R I . C O M
8148789_2513
COMMERCIAL PROPERTIES
BrAnd new Building 18 stacked town houses, geared towards students. Building has 78 rooms and 42 bathrooms. Free cable and WIFI to each individual room and building is 100% carpet free! Expected completion August 2013. An excellent investment property, close to Conestogo College, Kitchener. Please Call for details!
inSTiTuTiOnAl ZOning $649,900 A Rare Find Institutional Zoned Property Currently Used As Place Of Worship in Very Good Condition, It Has Fully Finished Bsmt W/Kitchenette & Big Hall. Property Size Approx 2 Acre (582.95 Ft Frontage). Lot Of Parking, Zoning Allows Many Uses. Close To 401. mlS # 1390706
reSidenTiAl & COmmerCiAl $369,900 Property with 80x160’ lot recently renovated, over $80,000 spent. Potential for $2800/month rent Please Call For Details. mlS # 1391488
$5,700,000
BUSINESSES FOR SALE Five Piza Stores 50,000 - $250,000 Four Restaurants $ 109,000 - $399,900 Three Laundromats $ 69,000 - $169,000 Taxi Plates & Companies $ 99,000 - $450,000 Financials available for qualified buyers Please call Amit for details!
|
Kitchener/Waterloo Guelph & Cambridge
Volume 13 Issue 07
43 PleX Building $2,100,000 42 Unit apartment building. Great cap rate, in a fast growing town! Call For Info! mlS exclusive
STriP PlAZA $774,900
$
Excellent investment opportunity! Commercial and residential mix. Commercial plaza consisting of 3 commercial stores, four apartments and single detached house. Assessment of 208 Samuelson is $184,250 and assessment for 210 Samuelson is $354,500. Taxes are combined for both properties. mlS # 1390706
10 inVeSTmenT PrOPerTieS $250,000 - $450,000 Newer homes, rented at a great price. Properties range from $250,000-$450,000. Available for purchase individually or buy whole corporation of 10 properties. Great rent to purchase ratio, in strong, stable market with reasonable growth.
Empire Real Estate Service Ltd., Brokerage • Cell 519-820-6571 1-800-461-9416 Email DouglasRielly@gmail.com
Office 519-767-2392 8305540_2513
Toll Free
www.trailerparksforsale.ca
Douglas Rielly Broker of Record
KAWARTHAS REGION
This is an outstanding campground composed of both year round and seasonal units. There is not a paint blister on a building or a blade of grass uncut in this meticulously maintained park. It has approximately 1500+ feet of frontage on the river, 70 acres of land with large portion of the property being bush. All sites have metered hydro, water and septic system hookup as well as an enclosed swimming pool, recreation hall and washroom and shower facilities. The majority of the campers spend their summers here and their winters in Florida with very few families in the park. If you are looking for a park with little to do but cut grass and enjoy the lifestyle then this is the one for you!
MUSKOKA FAMILY CAMPGROUND
This park is located less than 2 hours north of the GTA on 90 acres of beautifully treed property and on a high traffic highway. Currently it has 250 sites and can be expanded by another 125. There is a large swimming pool, rec. hall, newer house for the owner or manager to live in, a store and reception area and several rental cabins. Most of the sites are rented to seasonal campers with a few retained for USE by overnighters. All water, hydro and septic systems are in excellent condition and this park is a money maker with very strong upside potential.
SOUTHWESTERN ONTARIO Formerly a ski club, this park sits on 40 acres of gently rolling, nicely treed land with a couple of the old ski runs still in place. There is a very large rec hall with 2 woodburning fireplaces, dance area and a fully equipped kitchen. There are 77 sites, swimming pool and a 12 yr. old home for the owner. Many of the sites are rented yearly to snowbirds. There is room to expand with approvals from the municipality. New septic system 2012 with all approvals and water system meets current legislation. A nice easy to run park with potential.
TRAILER PARKS MAKE GREAT INVESTMENTS WITH STRONG CASH FLOW! Open only 6 months a year they afford owners plenty of time off in the winter. Please say you saw it in The Commercial Investor
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12
Commercial Real Estate & Business Opportunities
Volume 13 Issue 07
Kitchener/Waterloo Guelph & Cambridge
The Cliff Rego Diamond Award Winning Team: • P l a c e d To p 2 0 i n C a n a d a * • To p 1 % i n t h e w o r l d f o r R E / M A X * * • Sales over $137 Million in 2011 and 2012 combined
Cliff Rego
*RE/MAX International Statistics 2012 **For markets with population of 50,000 to 150,000
Broker
519.740.7222
519.623.6200
11269765_2513
Each office independently Owned and Operated
$799,000
Good traffic exposure. Long building set-back. Variety store, 3 bedroom bungalow & auxiliary building. Situated on 1.9 acres. MLS® 1391689.
$599,900
$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® 1314531
2113_DJW_1_0772
2513_DJW_1_0056
1713_DJW_1_0112
$675,000
Excellent investment opportunity! Extensive pedestrian and vehicle exposure for commercial section. 5 upper apartments plus over 5000 sq ft of vacant commercial space. Commercial area could be divided into 3 separate areas, including a store-front section. There are 3 separate meters, furnaces, A/C. 5 apartments, 2 1- bedroom, 3 2- bedroom, separately metered, tenants pay utilities.Income = $36,000/year. MLS® 1390747.
Real Estate Centre Inc. Brokerage
2113_DJW_0055
1713_DJW_0021
1713_DJW_2_0064
$649,900 Exceptional investment/owner- use opportunity. Investment income plus vacant space for owner business. Income from 1 commercial tenant plus 3 residential tenants = $72,360/yr. Extensive upgrades/renos - very attractive building. Loads of parking. Great traffic exposure. Convenient area for customers/clients. Convenient area for tenancies. MLS® 1390797
Rick Wyatt
Sales Representative
Unique & gorgeous! Great investment opportunity! 2 beautiful & spacious 4 bedroom attached homes, plus a large 2 bedroom legal in-law apartment. 3 incomes with over $37,000 net. MLS® 1321940
$399,000
Super commercial zone change opportunity. Busy, busy traffic exposure directly on main artery. Loads of parking. Currently zoned residential. MLS® 1392002
inthenews Continued from Page 10
“For investors who are feeling optimistic and want to get off the sidelines, there are many options available to fit within your goals and strategies,” said Kim Parlee, Vice President, TD Wealth Management.“Keep in mind that understanding the different investment vehicles, from guaranteed income products, to riskier options that may yield greater returns, is an essential part of building a balanced portfolio suited to your situation and risk tolerance.” The positive outlook isn’t limited to personal investments. Canadian investors expect to see improvement or consistency in the domestic economy, as well as in the United States. One-quarter of Canadian investors expect to see economic improvement in North America (Canadian economy: 26 per cent, U.S. economy: 27 per cent) About half of Canadian investors expect the North American economy to stay the same (Canadian economy: 55 per cent, U.S. economy: 41 per cent)
Less rosy, however, is the outlook for the global market. Only 10 per cent of Canadian investors expect improvement for the world economy (42 per cent expect it to worsen, 43 per cent expect it to stay about the same) “While there is no escaping some degree of market volatility, investors can still find value and good returns with a balanced portfolio. We expect Canadian stocks and U.S. large caps to continue delivering positive returns over the balance of 2013, while companies with steady increases in sales, earnings and dividends outperform the more volatile resource sectors,” added Gorman. About the TD Investor Insights Index Head Research was commissioned to conduct a national survey of N=1,002 respondents among adult Canadian investors who purchased or sold investments in the past 12 months and who currently own at least one investment product. During fieldwork, quotas were managed to obtain a sufficient number of investors of different ages, resulting in a slight overrepresentation of younger investors. The data in this report have been weighted to reduce the proportion of younger investors to their natural level within adult Canadian investors. Respondents were sourced from available non-probability based panels. Fieldwork was conducted between April 8 and April 12, 2013. TD Wealth represents the products and services offered by TD Waterhouse Canada Inc. (Member - Canadian Investor Protection Fund), TD Waterhouse Private Investment Counsel Inc., TD Wealth Private Banking (offered by The Toronto-Dominion Bank) and TD Wealth Private Trust (offered by The Canada Trust Company).
Please say you saw it in The Commercial Investor
COM_2513.indd 12
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Volume 13 Issue 07
13
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
COM_2513.indd 13
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14 businessbarometer
Commercial Real Estate & Business Opportunities
Volume 13 Issue 07
Small business confidence edges down in May “It’s a fairly small decline, but the index is now at its lowest point since the summer of 2012, when the economy went through a slowmotion act,” said Ted Mallett, CFIB’s chief economist and vice-president.“Canadian small business optimism remains cool this spring.” Small business owners in Alberta (68.8) are the most optimistic in the country, although Newfoundland and Labrador (68.3), Saskatchewan (65.8), and British Columbia (64.9) are all above the national average. Ontario (61.9), and Manitoba (61.0) are slightly below the national average, while New Brunswick (58.1) and Prince Edward Island (55.6) are further back. The biggest declines occurred in Quebec (58.9), which dropped five full points, and Nova Scotia (50.0), which is by far the lowest in the country. “Despite a reasonably good outlook for employment and capital investment, there are general signs of sluggishness, including a greater concern over levels of customer demand,” added Mallett. “Manufacturing, transportation and hospitality are the weakest sectors this month, while the information and financial services sectors are above the norm.”
T
he confidence of small
Measured on a scale of 0 and 100, an index level above 50 means
business owners fell slightly
the next year outnumber those expecting weaker performance.
in May, the third consecutive
monthly decline since February,
owners expecting their businesses’ performance to be stronger in According to past results, index levels normally range between 65 and 70 when the economy is growing at its potential. The May 2013 findings are based on 1054 responses, collected from a
according to the Canadian
stratified random sample of CFIB members, to a controlled-access
Federation of Independent Business
19 times in 20.
web survey. Findings are statistically accurate to +/- 3.0 per cent
(CFIB). The Business Barometer index dropped a third of a point to 62.1 from April’s 62.4.
CFIB is Canada’s largest association of small and medium-sized businesses with 109,000 members across every sector and region.
Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Southwest Ontario
Volume 13 Issue 07
11276416_2513
Patrica Harkins
Broker
Sarnia Realty Inc., Brokerage
(519)
pat.harkins@remax-sarnia-on.com
542-9999
11276413_2513
4242 LANCY STREET IN THE TOWN OF PETROLIA
NEW PRICE MLS 20136012 This gorgeous 6 yr old character home could be yours, plus a single bed and breakfast with its own entrance, heated floors, ravine setting, gourmet kitchen. More, more and more. 2513_DJW_0032
$299,900
MLS 201361653 Could be Triplex, this property consists of a granny suite, and cottage plus a large character home with Sarnia’s downtown area. Separate meters, and many updates, or live in it and have someone pay your mtg. $179,900 2513_DJW_0033
Please say you saw it in The Commercial Investor
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16
Commercial Real Estate & Business Opportunities
Southwest Ontario
11275472_2513
Volume 13 Issue 07
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Commercial Real Estate & Business Opportunities
17
11258100_2513
Southwest Ontario
Volume 13 Issue 07
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Volume 13 Issue 07
Commercial Real Estate & Business Opportunities
LONDON INVESTMENT
LONDON COMMERCIAL
Southwest Ontario
$900,000
An icon in East London for over 50 years! Currently European new car dealership, extensive 1 million dollar renovation in 2002. Elegant showroom, sales offices, parts/service/reception area plus 12 bay garage resting on 1.57 acres. Secure parking for 94 vehicles. In Excellent condition! Current zoning allows for animal hospital, automotive sales/service, home/auto supply, home improvement center, home furnishing outlet and more. Well established high traffic location!
9.23% CAP RATE! Fully leased 22,370 sq. ft. Industrial Building on approx 1 acre, two “A” tenants with triple net leases plus 20 year solar rooftop lease = $120,000 net operating income! Recent new membrane roof plus many efficiency upgrades/improvements in past 3 years. Building is in excellent condition, centrally located with good traffic count and easy access to major highways. Clean Phase 1 environmental audit completed. Possible VTB for qualified buyers. 2513_DJW_0042
2513_DJW_1_0098
BRIAN WATSON SALES REPRESENTATIVE
(519) 317-4484
• R ESI DEN T I A L • C OMMER C I A L • MU LT I - FA MI LY b_watson@rogers.com
99 Horton St. E. London 11261542_2513
inthenews
Ontario’s economic growth to pick up the pace in 2013: RBC Economics
O
ntario’s economic growth is expected to improve this year and next, due to employment gains, improving trade performance and still-strong housing construction at the start of 2013, according to the latest RBC Economics Provincial Outlook. RBC anticipates real GDP growth of 1.7 per cent in 2013 and 2.8 per cent in 2014, both up from 1.5 per cent in 2012. Ontario’s growth was re-energized in the early stages of 2013 after stalling in the second half of 2012. RBC indicates that Ontario’s international trade deficit decreased slightly, bucking the decade-long deteriorating trend and reducing its drag on economic growth, and the jobs market experienced significant progress. “We saw a jaw-dropping 51,000 surge in employment gains in May as well as year-to-date annual job growth jumping to 2.0 per cent, more than double the increase in 2012,”said Craig Wright, senior vice-president and chief economist, RBC. “These encouraging developments should go a long way in convincing skeptics that Ontario’s economic engine has restarted.” On the external trade front, RBC notes that in the first four months of 2013, exports grew 0.5 per cent, despite momentary fatigue in motor vehicles and parts - Ontario’s top exports - which last year recorded a significant 17 per cent increase. With U.S. auto sales
in the midst of a solid recovery, RBC anticipates there is scope for further gains in auto sector exports. “Generally speaking, the U.S. economy is on an uptick, which bodes well for Ontario’s economy. We expect U.S. demand for the province’s goods and services to improve in the period ahead,” said Wright. In early 2013, the number of homes (or, more specifically, condos) under construction in Ontario were near 30-year highs, and residential investment remained a factor adding to growth. Nonetheless, RBC expects residential construction activity to slow later this year as sales and starts decline and homes under construction are completed. “While we anticipate slowing residential construction activity will leave a hole in the province’s economic accounts, strong investment in non-residential structures and infrastructures will more than fill it up,” said Wright. The RBC Economics Provincial Outlook assesses the provinces according to economic growth, employment growth, unemployment rates, retail sales, housing starts and consumer price indices. The full report and provincial details are available online at rbc.com/economics/market/pdf/provfcst.pdf.
Please say you saw it in The Commercial Investor
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Volume 13 Issue 07
19
Commercial Real Estate & Business Opportunities
7 UNITS - 6 COMM & 1 RESIDENTIAL 491 Talbot Street, St. Thomas, ON
519-857-5429 8157137_2513
JIM HARRIS, Broker - MVA LARGE RETAIL SPACE FOR LEASE Over 22,000 sf of prime retail available in downtown St Thomas. Ample paved parking on site - great traffic count, Many uses permitted in current zoning.
2113_DJW_1_0061
GREAT OPPORTUNITY 581-585 WALLACE ST.
2513_DJW_0030
Building located along the Sydenham River in Wallaceburg. 4 residential & 1 small commercial. $165,000 .
PRICE REDUCED
RETAIL/OFFICE COMBINATION 2000 sf retail space for lease with front & rear access - City Parking (2hr) at rear. Also 900 s.f. office complex on 2nd level with separate entrance for lease. Many permitted uses.
4912_DJW_1_0066
For more information call
519-436-7229 or 519-351-1008 Wallaceburg, On.
8847751_2513
696 Hamilton Rd., LONDON, Ontario
519-451-2696 Joe Pinheiro
Broker of Record
2513_DJW_0031
10630961_2513
PINHEIRO REALTY & INS. LTD
Southwest Ontario
PRICE REDUCED - MUST SELL
110-124 Duncan Street has 2 units. 360-368 James is a corner unit with 2 commercial units on main floor and a large apartment on second floor. 348-354 James Street offers 2 units at street level with a second floor storage. Purchase all for only $149,900.
Rick Pinheiro Sales Rep
ONE OF A KIND ‘PARADISE’ On a Picturesque 6.5 acres by the Thames River. Road allowance for possible FUTURE RESIDENTIAL DEVELOPMENT plus unique 2 storey home with a heated workshop under garage. Call JOE for details.
COMMERCIAL PLAZA IN THE VILLAGE OF ST. GEORGE $990,000
Opportunity to own one of the few commercial properties in town. Tenants, hardware store, financial planner, franchised pizza outlet, clothing store. Properties in this town are few and far between. 9450 sq ft. 6 units, net leases. Fully rented it would be a 8% CAP. Call Michael De’Angelis. 2513_DJW_1_0099
2513_DJW_0014
ESTABLISHED LONDON RESTAURANT Step into your own well cared for business w/regular clientele. Seats 39, ample parking, many updates! Price includes all equipment, business & building! $149,900. Call Kris or Joe for details!
2513_DJW_0015
29 PARIS RD. IN PARIS JUST REDUCED TO $499,900
2.06 acres, commercial zoning, has over 400 foot frontage. Formerly Chrysler Car dealer... loads of parking. 8000 sq ft building with large work bay. Call Michael DeAngelis. 1713_DJW_0100
11274739_2513
2513_DJW_0013
47.8 ACRES OF LAND PLUS 3 bedroom house. Ideal for large companies looking to build on the 401 corridor. Be one of the first companies benefiting from the Veteran Memorial Parkway extension to Wilton Grove. 30 acres are leased. Call RICK for details.
Michael DeAngelis Broker
519.754.6306
Coldwell Banker HomeFront Realty Brantford, Ontario
519.756.8120
Please say you saw it in The Commercial Investor
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20
Volume 13 Issue 07
Commercial Real Estate & Business Opportunities
Renate SiebeR Wingham
Land exchange Ltd. brokerage
broker of Record
519-357-3332
Cell:
519-531-1177
Independently Owned and Operated
262 Josephine St., Wingham Southwest Ontario
11264376_2513
www.remaxlandexchange.ca
$194,900
EXCELLENT CAR WASH
DEVELOPMENT SITE
2 inside washers together with a 16’ x 30’ outside truck washing bay. Infloor heating in inside bays. Also included - 23 mini storage units - totally rented with lots of room to build more. Sizes range from 5’ x 5’ to 25’ x 10’. Excellent opportunity for young entrepreneur. This property offers loads of potential. Call listing representative for further details.
410 Shuter Street, Wingham
2513_DJW_0004
$385,000
ZONED and Ready to Go for up to 23 dwelling Units Prime Residential 1.6 Acre Development Close to Hospital and Schools
$350,000
2513_DJW_0005
EXCLUSIVE
$525,000
PRIME COMMERCIAL/ DEVELOPMENT
PRIME COMMERCIAL/ DEVELOPMENT property in the centre of Wingham/North Huron; Highway Commercial zoning; Environmental Study Available.
in the centre of Wingham; highway commercial zoning; Environmental Study Available.
Call Listing Agent for full information package.
Call Listing Agent for full information package.
MLS# 262000
2513_DJW_1_0136
2513_DJW_1_0137
10863226_2513
Business is at a Crossroads... It’s called Woodstock, Ontario Canada
Don Patchett
Century 21 Heritage House Ltd., Brokerage Independently Owned and Operated
Sales Representative
www.DonPatchett.com
2513_DJW_0075
CHEAPER THAN RENT!
2513_DJW_0074
2513_DJW_0073
Office: 519.539.5646 Cell: 519.421.8911 Toll Free Cell: 888.314.6333
IDEAL FOR PROFESSIONAL
ALMOST 7000’ SALE OR LEASE
$154,900 Main floor complete & ready to lease, 4 apts need work. Downtown Woodstock, great potential income! MLS 70227
2513_DJW_0078
REDUCED, TRY YOUR OFFER
2513_DJW_0077
2513_DJW_0076
$99,900 Zoned M3 ‘General Industrial’. Clean $299,900 Zoned M4 ‘Transitional Industrial.’ Many $269,000 Zoned C3 ‘ Entrepreneurial District’. Century home unit used for storage. Low fees, quick closing recent upgrades, grade and truck level docks. converted to spa, now offices. 200A, new A/C, networked, full dry basement, garage, fenced. Parking for 10. MLS 70653. Current user will consider staying as tenant. available.
GREAT TENANTS
BUSY CORNER, SALE OR LEASE
$349,900 Zoned C5 ‘Central Commercial.’ $159,900 in the core of Woodstock’s BIA, good in- Former salon has retail & residential space. come, former fur storage facility has vault, security Excellent high traffic location for your busisystem. Municipal parking adjacent. MLS 71291 ness! MLS 68512
15000FT FORMER INDUSTRIAL, SALE OR LEASE
$389,900 Zoned C5 Central Commercial. Great potential for mixed use. Grade & truck level loading, residential potential. MLS 71288
Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Reid Dundas, Broker Sales Representative
Business in St. Marys
Southwest Ontario
11268690_2513
Volume 13 Issue 07
Business in St. Marys with a stable, educated workforce, competitive location costs and a strong telecommunications network, the Town of St. Marys is your ideal destination for business. As a prosperous and thriving community located in the heartland of South Western Ontario, we offer a wealth of competitive advantages including very low costs for land as well as the convenience of no industrial development charges. Home to approximately 7,000 residents, St. Marys services a commuter shed of more than 1.6 million people and a labour force of almost 1 million. This labour force is highly skilled and will be continually fuelled by the graduates of Ontario’s premier postsecondary education facilities located in close proximity to St. Marys (University of Waterloo, University of Western Ontario, Wilfrid Laurier University, Fanshawe College and Conestoga College). Council, while committed to building a balanced and creative community, is also working with Town staff and the business community to aggressively seek new investment that meets the needs and growth objectives of the Town. The Town of St. Marys offers a strong and diverse economic base and is well positioned to accommodate increased levels of industrial and commercial investment all within a location that balances work with an affordable and unique lifestyle.
$595,000 ‘mUlti USe BUildiNG’ This site offers 8.8 acres of prime development land located across from the St. Marys Golf Course and one block from ‘The Independent Grocery Store’. It is zoned Highway Commercial which allows for many uses. MLS 699641. 2113_DJW_1_0003
PRNEW IC E
‘tHe KirKtoN marKet’
13 year old building on 1.5 acres designed for many uses. Located minutes to Hwy 7 and 1/2 hour to Hwy 401. Large 50’x80’ warehouse area, 3 large overhead loading doors, loading dock, 24’x24’ production area with in-floor heat, separate office area. MLS 101456.
NEW PRICE $299,000 proFeSSioNal oFFice Space This very busy general store is located in Kirkton, West of St. Marys with great exposure on Hwy 23. It is a true country store with Post Office, grocery, hardware, movie rentals, etc., plus a well cared-for spacious two storey living quarters attached to the store. MLS 700823.
commercial $550,000 BUildiNG lot
1800 sf
Two floors, two boardrooms, private executive offices, washrooms. Heat, hydro & taxes incl. $8.00/sq. ft. Located in St. Marys between Stratford & London. Close to 400 series highways. MLS 604937. 2113_DJW_1_5555
2113_DJW_2_0001
commercial developmeNt
$575,000
2113_DJW_1_0002
‘iNveStmeNt poteNtial’
$250,000 prime commercial lot site has amazing $99,900
2.2 acres of prime commercial development property zoned This prime 1 acre building Highway commercial. Located on main street, St. Marys, potential. Located on a busy artery, across the close to 3 car dealerships, The Beer Store, local hospital, a road from Canadian Tire & Foodland Mall. With restaurant, etc. Call today to discuss the possibilities and the C3 zoning, your options are many. $250,000. reasons you need to consider St. Marys for your business. MLS 090243. MLS 420787. For more information contact www.reiddundas.com
Located steps from Town Hall in downtown St. Marys and 1 block from all downtown amenities. MLS 213287.
Please say you saw it in The Commercial Investor
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Volume 13 Issue 07
11276247_2513
Commercial Real Estate & Business Opportunities
Southwest Ontario
763 Norfolk Street S., Simcoe
Brenda Cooper
1-877-598-3388
AACI, P. App. Broker of Record
www.coopertymerealestate.com
COMMERCIAL/RESIDENTIAL USE Completely renovated building with commercial space and an apartment on the second floor. Located minutes from the lake. MLS®.
2513_DJW_0006
FARM FOR SALE This 70 acre farm has 50 acres of workable land and 15 acres of bush. The central location to Simcoe and Port Dover gives a choice for amenities. The large country home offers lots of room for the growing family. Excl.
Ontario’s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate
416.784.5060 1.877.269.8257
for advertising call toll free
2513_DJW_0007
COMMUNITY MINDED REALTORS®
George Gicopoulos
Sales Representative
Royal LePage Triland Realty, Brokerage* Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepagecommercial.com www.georgegicopoulos.com www.royallepagecommercial.com
WOODSTOCK PROPERTY FOR SALE OR LEASE - $1.3 MILLION LONDON FAMILY STYLE RESTAURANT - $299,000
Good location, conditons and reputation - a real money maker with good possibilities for increase in revenue and profits. Set up already there for some night time, roadhouse style business, all you have to do is use it. Call George for details.
Approx 8500 sq. ft. on main floor + approx 2,600 sq. ft on second floor. Free-standing building previously used as Restaurant/Bar/Banquet Hall. Over 80 parking spaces located next to Walmart, Canadian Tire, Home Depot and many other retailers of a Power Centre. Owner will consider leasing with option to buy. Re-development potential with change of use to office, retail, medical etc. possible. 1713_DJW_4_0025
1713_DJW_0034
Magnificent building, circa 1889 with it's impressive architecture and Clock Tower towering over the middle of Strathroy. 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 property only or 'business only' will also be considered with option on the property.
8155109_2513
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1713_DJW_0032
STRATHROY - $895,000
*Independently Owned and Operated
sold al ition cond
FAMILY STYLE RESTAURANT WITH PROPERTY $1,325,000
Family style restaurant with Banquet Room facilities for 160. Total license for 300 including patio. Plus 4 apartments in a seperate building generating additional income. One and a 1/4 acres of land with less than 8 year old 6,000 sq. ft. building with plenty of paved parking. Busy highway location. Owner will consider sale of business with option on property for the right party. Call George for details.
PIZZA/RESTAURANT W/PROPERTY - $295,000 Just north of London, property in A-1 condition with nice licensed patio. Renovations and upgrades done in the last couple of years. Business can be expanded for 1713_DJW_0035 greater profits.
FAMILY RESTAURANT WITH PROPERTY - $395,000
Busy highway location near London. Good condition, sales and profits. Business only also for sale at reasonable price. Well known with good reputation in London and Southwestern Ontario. Call George for details. 1713_DJW_0036
Please say you saw it in The Commercial Investor
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Volume 13 Issue 07
23
Commercial Real Estate & Business Opportunities
Dave Spencer 62 1st Avenue South H: Chesley, Ontario N0G 1L0
519.363.2410 pHone: 519.363.3726 davespencer@bell.net
HIGH TRAFFIC LOCATION HIGH VISIBILITY LOCATION GOOD INVESTMENT OPPORTUNITY Renovated, well maintained building in downtown Chesley. 800 square feet. One bedroom apartment upstairs.
$69,900
$169,900 REDUCED $145,000
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EXCELLENT COMMERCIAL
$159,000
1,000 square foot building set up as restaurant and an older former service station with hoist and car wash. Large parking area is freshly paved. Phase 2 Environmental on file.
$89,900
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$290,000
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SPACIOUS BUILDING
1200 square foot retail space is wide open with office at the back. The 3 bedroom apartment has been totally renovated with modern kitchen and 5 pc bath with whirlpool tub.
2,000 square foot retail space. Great window display and rear loading area. Two residential units upstairs. Will lease retail space for $10.50 per square foot.
4000 square foot commercial building on Chesley’s main street. Property fronts on two streets. Building is in good condition, can be opened by removing temporary partition walls.
2513_DJW_2_0042
EXCELLENT OPPORTUNITY
$169,000
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Operate your own business and live on site. Approximately 1800 square feet of retail space and a modern 1100 square foot apartment has open concept living and rear access. West facing deck to enjoy summer evenings. Sits in the heart of Chesley’s downtown core.
2513_DJW_0097
9992168_2513
Sales Representative
Office: 519-797-5500 | Cell: 519-270-3055 e-mail: donamy@bmts.com www.southamptonhomes.ca
Southampton ZONED R-3 $349,900 MORPETH & GROSVENOR
RESIDENTIAL DEVELOPMENT $549,900 LOT 20 CONCESSION 20., SAUBLE BEACH
PRIME CORNER COMMERCIAL $549,000 5094 HWY 21, PORT ELGIN
MLS # 2011127129
MLS # 410254000800500
MLS # 411044000122400
Zoned R3 - Residential Development 0.98 acre, ideally suited for town homes or semi’s. Located in the heart of Southampton just 2 blocks to downtown & sand beaches of Lake Huron. Level lot & survey available. Municipal easement to the East side of the lot.
Excellent opportunity to develop new housing project as it is close to Sauble Beach & on the edge of existing Sauble development. A total of 95 acres; 22 acres had subdivision draft plan with 20 lots. Part of the area (Walker Way) is developed with water, individual septic, electric, gas, cable & telephone.
Desirable corner lot w/high traffic, high visibility, close to Wal Mart & Canadian Tire. Environmental Assessment Phase 3 available. Ideal location for commercial venture requiring high traffic flow. Full municipal services available. Boundary survey available.
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Southwest Ontario
11007505_2513
Sal e S Re pR e Se ntati v e
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2513_DJW_1_0043
Please say you saw it in The Commercial Investor
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Volume 13 Issue 07
Commercial Real Estate & Business Opportunities
519-756-3900 www.century21.ca/professionalgroup 46 Salespeople at your service
Professional Group Inc. Real Estate, Brokerage Independently Owned & Operated
Southwest Ontario
32 Charing Cross St., Brantford
8302299_2513
1431 VictORiA StReet NORth, KitcheNeR
118-120 MORReLL St., BRANtFORD
Prime Commercial location on Kitchener’s Golden Mile! Commercial lot in high traffic area currently used as a car lot.Approx. size of property is 1 acre. Property has a shop/3 bay garage that is approx 1500 sq ft and 400 sq ft of Office space. Contact Jim for other permitted uses. MLS #38065. Jim Nagle, Sales Representative 519-732-7318. Dave Kerr, Sales Representative 519-754-6813. 2113_DJW_1_0085
Great opportunity! - Run your own variety store and have 4-one bedroom apartments to offset your overhead. Located in a mature area with new residential development across the street. R4B zoning allows a number of uses. MLS #38722 Mark Whalen, Sales Representative 519-732-5295 2113_DJW_0060
245 OAKLAND ROAD DEVELOPMENT OPPORTUNITY! Ideal location for urban development. Located at a major intersection on HWY #24 South, Village of Scotland. Minutes to Hwy 403. MLS #38707. Jim Nagle Sales Representative 519-732-7318. 2513_DJW_0085
519.797.5500 Cell. 519.374.4448
Harold Fenlon
Bus.
Southampton
Broker
MULTIPLe LISTINg SerVIce
email: h f e n l o n @ b m t s . c o m www.haroldfenlon.ca
2004, 2005, 2006, 2007, 2009, 2010 & 2011
$5
$1 ,4
99
,9
00
,0
00
00
8297239_2513
McIntee’s Top Salesperson
http://myhomes.360photo.ca/7538
http://myhomes.360photo.ca/7785
9 HOLE GOLF COURSE
Fantastic Southampton location. Business includes 4 rented units (with possibility for 5th). Licensed bar & exceptional restaurant with outdoor patio, leased office space, owner’s living quarters, second floor lounge suitable for banquets, weddings etc. The building is in good repair and the property has many updates including newer insulation, wiring, copper plumbing. MUST be sold, owner is retiring. 2513_DJW_0039 2513_DJW_0037
http://myhomes.360photo.ca/7281
GREAT SUMMER COTTAGES $599,900
SUMMer Breeze coTTageS, exceptionally well maintained business in fantastic location & minutes to prime sand beach. consists of winterized 1-3 B.r. home; can be rented year round, 1-3 B.r., 4-2 B.r. & 2 -1 B.r. cottages. (www.southbruce.com/summerbreeze) 90% rented for this summer season.
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Par 36, nine hole golf course. 10 acre driving range, fully licensed club house, and 3 bedroom, 4 year 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. 2513_DJW_2_0032 2513_DJW_2_0035
http://myhomes.360photo.ca/5520
THE MAPLES’ COTTAGES $599,900
Well maintained business close to beach. ‘THe MaPLeS’ consists of 7 - 2 bedroom units, 1 - 3 bedroom unit recently built & a 3+ bedroom residence. all buildings are in excellent repair. all units fully rented year round. Many improvements include new roofs, 2 gas fireplaces in 2 units.
Please say you saw it in The Commercial Investor
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Volume 13 Issue 07
25
Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Hamilton COverIng: Ancaster • Caledonia • Cayuga • Dundas • Dunnville • Grimsby • Hamilton • Haldimand • Stoney Creek For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
COM_2513.indd 25
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Volume 13 Issue 07
Commercial Real Estate & Business Opportunities Visit my website
276 Main St. W. Hamilton, Ontario
Augie Ammendolia
(just West of Queen St.) L8P 1J8 Cell:
905-518-6713
Office:
BROKER
905-522-6001
HAMILTON CENTRE 9 UNITS
$697,900 9 units + 1 car workshop for further rental income. Large units mostly 2 BR plus DR. Pls. contact Listing Broker for financial information. Some rents far below market value. Property to be severed from 547 Main St. E. Seller is proceeding with severance application. Lot size: 73.4 x 137.35 Irreg. (Imperial).
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HAMILTON CENTRE TRIPLEX
HAMILTON ESTABLISHED INDOOR PLAYGROUND BUSINESS
2113_DJW_0087
$269,900
HAMILTON CENTRE TRIPLEX
Charming Victorian style home. Close to downtown. 1 and 3 BR units, parking on site. “Close proximity to downtown and International Village. Possible owner occupied professional use.”
1713_DJW_1_0106
HAMILTON CENTRE - COMMERCIAL/ RESIDENTIAL BLDG.
2513_DJW_0084
ANCASTER INDUSTRIAL UNIT
$149,900
HAMILTON CENTRE 4 PLEX
Many options to increase revenue in an already successful indoor playground business. Approx. 3,800 sq.ft. with an additional approx. 1,500 sq.ft. in the mezzanine. Price includes all equip, tables & chairs, all cafe equipment, front desk, lockers, tables & chairs in private rm. Arcade games avail. (not on leases). Lucrative party business.
$259,900 South Central location. Close to downtown. Currently vacant. 2 - 1 br, 1-2 br. Possible completion of basement to 4th unit. 2 parking on site.
Solid 2 1/2 storey brick used as 4 family home. 3 car garages. Workshop or storage. 200 amp breaker service with wired smoke detector. Close to downtown and bus routes. 3 -1 BR and 1 - 2 BR.
1713_DJW_1_0105
HAMILTON CENTRE 3 STORES/3 APTS
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 SIZE: 107.3 FT X 158 FT.
HAMILTON CENTRE TRIPLEX
Also available for lease at $6.50/ SF plus TMI. Upscale Ancaster Industrial condo with prestige industrial zoning, your chance to own a location in Ancaster business park. Unique busy commercial/prestige industrial zoning covers various uses over 1700 sq. ft. Ground floor plus mezzanine. Run your own business in elite location with easy access to 403/QEW to go 1713_DJW_1_0100 to any direction.
1713_DJW_1_0456
$289,900 Stately triplex to be severed from 549 Main St. E. Close to downtown large wellappointed apartments on 1st and 2nd floor. Possible professional use, high visibility, parking at rear with 4 garage. Lot Size: 33’ x 137’ Irregular
HAMILTON CENTRE - TRIPLEX
1713_DJW_1_0074
$264,900
$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.
1713_DJW_1_0097
$1,295,000
$254,900
8471320_2513
Hamilton
HAMILTON INCOME PROPERTIES
$169,900 Renovated - 3 family property on major street south of Main St. Separate hydro meters for all unites. Suit possible commercial professional use. Pls. contact Listing Agent for financial information.
1713_DJW_1_0016
$1,295,000
CENTRAL MOUNTAIN DEVELOPMENT SITE
Prime corner development site with building suitable for redevelopment to retail plaza & or high rise development. Can be purchased with adjacent property 756 King St. E. Pls. contact Augie for additional information on the proposed development.
2513_DJW_0083
$349,900 Large lot 60 ft. by 290 ft. near Upper James. Suit many home businesses. Charming home, many upgrades. Euro style kitchen. Hi-eff furnace. Ceramic & hardwood floors. Detached garage. Note: Rear of property has development potential, possible rezoning of property for development.
1713_DJW_1_0090
Please say you saw it in The Commercial Investor
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Volume 13 Issue 07
27
Commercial Real Estate & Business Opportunities
8171399_2513
Re/Max escarpment Realty Inc Brokerage
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.
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. 2113_DJW_3_0081
2113_DJW_2_0082
112 RaMSeY DRIVe, DUNNVILLe $349,000
84008 WeLLaNDPORT ROaD, WaINFLeeT $189,000
First time offered at this amazing price! Mod. turnkey woodworking factory w/MG zoning in Dunnville’s lnd. core. orig. 3344 sq bldng + 5760 sq addition - 1994. Front showrm w/offices & bathrms, 27’ clings, 8’ conc. flrs, 16’x14’ overhead loading drs, 400-600 3 ph power, mun.water/sewers,huge lot/compound, possible expansion for 5000 sqft. 2513_DJW_0047
Millions++ to replicate aprx 22500 sqft solid building former school since 1958. 2.46 ac crnr lot near Wellandport inc 12 classrms, 10 washrms,7 n/g furnaces, n/g boiler for gym, offices, kitchens, paved parking/playgrnd, 400 amp,cisterns & septic. Poss. retirement home, personal res, hobbyist, prof. blding. 2513_DJW_0048
PROFITaBLe CaNOPY BUSINeSS $149,000
676 KING STReeT, WeLLaND $799,900
Exciting profitable bus opp-perfect for 2nd income or unlimited potential to expand & grow w/virtually no competition. Inclds. $110,000 of inventory subject to change. Estab since 1991. Inclds phone#, website, customer/wholesaler list, price catalogue, etc.
Excellent restaurant biz/property-family owned/operated for 60 yrs+. Mega facility inc huge comm kitch w/upgraded equip/multiple walk-in coolers. Breakfast dining in front-dinner dining in rear w/sep entrances. Loads of parking! Steady clientele, equipped for lrg group meetings/ parties. Profitable turnkey biz-Note 4% commiss! 2113_DJW_4_0040
2513_DJW_1_0092
P $2 arc 99 el ,0 #2 00
Hamilton
P $3 arc 99 el ,0 #1 00
COMMeRCIaL/INVeSTMeNT POTeNTIaL IN JaRVIS
442 NeW LaKeSHORe ROaD, PORT DOVeR $1,195,000
Uncompromised beauty here in Pt Dover - Immaculate 2 acre diverse prop inc 2000 sq ft ranch ext reno’d in 93,4 winterized rental cottages generate good income. 4 tiered terrace/break wall sys ensures erosion protection of 206 ft of shoreline. 3 Eco-flow septic sys, cistern, well c/a in main houses & ‘02 blt Northlander cottage. Awesome opportunity to live and work at the Lake! 2513_DJW_1_0478
192 MaPLe aVe, WeLLaND $799,000
Finely tuned turnkey restaurant biz w/full bsmt inc 2 lrg banquet rms + 3 upper levels res units. Known as Budda Bing Roadhouse est’ 08. Boasts steady clientele. 3500 sqft on main lvl w/700sqft sublet to JUST BALLS. Close to 2015 Commonwealth Games. All offers cond 30 days upon acting on option to purch realest. Note 4% commiss! 2113_DJW_3_0041
2071 MaIN ST S, JaRVIS $764,000
231-235 CHeSTNUT STReeT, DUNNVILLe $249,900
191 eRIe ST, NaNTICOKe $249,900
Affordable 11 plex investment property on outskirts of Jarvis. Approx. 35-45 mins SW of Hamilton. This well maintained brick bldg inc 11x2 bdrm units w 11 fridges & 11 stoves. Comm laundry rm w new coin op machines ‘09. 3 units in bsmnt, 4 on main lvl & 4 on upr with balconies. Fully rented w super w 12 yr tenure. Allow notice for showings. 2113_DJW_1_0065
Excellent N.O.I. approx $38,400 (projected) inclds 3 2-bdrm units & 1 1-bdrm unit all on UL. Lower level inclds office #1 w/long term tenant approx 1700 sqft, retail # 1 approx 1700 sqft area in process of being rented. Great investment opportunity!
Well mntnd 2.50ac comm prop-former bus depot. 1500 sqft office bldng, 3000 sqft 3-bay mechanic/repair shop w/14-16’ clngs, 3 truck sized RU doors, 200amp, n/g, approx 1 ac secured/chnlink compound, lrg pond/pump system - (vehicle washing). 2013 roof mounted solar panel & 20 yr contract (paid for) - approx $7000 annually. Formerly 2 parcels. 2113_DJW_3_0042
2113_DJW_1_0452
14 ROBINSON ST, SIMCOe $182,000
2 MaIN aVeNUe W, FISHeRVILLe $199,000 Profitable turnkey business approx. 35-40 mins. S. of Hamilton, en route to Lake Erie in busy convenient store, 2-pump gas station, 50 x 21 ft. mechanic’s garage (functional), w/hoist & air compressor. Groceries, milk, cigarettes, lottery, phone card, ATM, bulk water refill, movie rentals & more. Incl. reno’d 1100 sq. ft. 2 bdrm. upr. level living unit, $800 per month. 2113_DJW_1_2301
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.
15 CHURCH STReeT, JaRVIS $174,900 Large 0.75 acre commercial parcel w fully fenced compound, asphalt parking area & large 50 x 150 ft steel clad building w conc floor & foundation. 50 x 63 ft open area with att 6 “bay” area. Inc. newly updated elec service/wiring, mun water.
2113_DJW_0091
2113_DJW_0090
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 07
OFFER PRESENTATION ON INVESTMENT PROPERTIES By Dino Nicosia, Broker of Record, Investpro Realty and Appraisal Ltd. Brokerage
So you have decided to buy an investment property. You found the property just right for you and are now ready to take the next step. Before you proceed with making the offer, ensure that an experienced realtor or lawyer who is familiar with investment properties represents you. Consider that when you are buying a home you are basically buying bricks, mortar and land. However, when buying an investment property, you are also buying rental income and you are assuming tenants along with all the tenant rules, regulations and laws that accompany them. There are also extensive regulations and by-laws such as Fire, Zoning, Health and Safety issues and so on. Your offer must have the appropriate clauses and conditions to address all of the above-mentioned issues.
Hamilton
TENANTS
INSPECTION CLAUSE
Your offer should request Tenant Acknowledgments on closing date, whereby a tenant confirms in writing the following: •
Monthly rent,
Consider including a clause allowing for a full property inspection including all units; this is an escape clause terminating the offer if you are not completely satisfied with the said inspection “at your sole and absolute discretion”.
•
Rental deposit paid and when,
INSURANCE CLAUSE
•
Move-in date,
•
Whether any appliance is owned by the tenant,
•
Whether any utilities are paid by the tenants,
•
If there are any ongoing Landlord and Tenant disputes
•
Date of last rent increase
Should a tenant refuse to sign then a Declaration signed by the Seller would suffice. EQUIPMENT Other information that the offer must contain is confirmation of all equipment and chattels that belong to the property are included in the purchase price (i.e. lawn equipment, vacuum cleaners, appliances, snow blowers, cleaning and hardware supplies, ladders etc.). FIRE REGULATIONS The offer should require that the Seller provide a “Letter of Compliance” from the Fire Department confirming the Fire retrofit was completed and is in compliance. I also highly recommend that a request is submitted for annual fire inspection certificates from a qualified technician.
With today’s strict rules and regulations some properties may not be insurable due to environmental or electrical issues, or the insurance company may charge a premium for certain properties. This justifies the insertion of a clause conditional allowing the buyer to obtain satisfactory insurance.
FINANCING CLAUSE Unlike residential purchases, the conditional period for arranging financing should be extended (15 to 30 business days). Reason being, commercial lenders will likely request an appraisal, environmental and structural studies before final approval. If you plan to go with a CMHC insured mortgage, be prepared to extend this clause for a much longer period. Failure to address any of the above matters may result in unnecessary grief, potential lawsuits and possibility of paying too much for the property. Not all issues are covered in this article. For more information on Commercial Offers and related Schedules, call or email Dino Nicosia.
ZONING REGULATIONS The offer should request that the Seller provide a copy of a Zoning Certificate which verifies that all units in the property are legal and meet the zoning bylaws, also confirming that no outstanding work orders exist. REQUISITIONS The offer should also be conditional upon receiving a copy of the following: •
All existing contracts, warranties and invoices for recent capital expenditures,
•
Utility bills for at least 2 years
•
Financial statements for at least 2 years
•
Existing survey
•
Insurance policy
•
Current detailed rent roll
•
All inspection reports in Owner’s possession (i.e. Structural, Environmental, Appraisal etc.)
•
Any Rent Review Order available
Dino Nicosia, Broker of Record, President Your Investment Partner For Life
Investpro Realty & Appraisal Ltd. Brokerage 730 Brant Street, Unit 102 Burlington, ON L7R 2H9 P: 905.631.6500 | C: 905.870.5852 | F: 905.631.6505 Visit our website: www.investprorealty.com Follow me on Twitter: http://twitter.com/#!/DinoNicosia
8171452_2513
Please say you saw it in The Commercial Investor
COM_2513.indd 28
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Commercial Real Estate & Business Opportunities “Your Investment Partner for Life”
9558936_2513
Brokerage The Apartment Building Specialists
www.investprorealty.com 7 UNITS PR
CE
I
EW
PR
N
2513_DJW_2_0100
N
24 UNITS 2513_DJW_1_0057
I
EW
46 UNITS 2513_DJW_1_0145
CE
PHONE: 905-631-6500 FAX: 905-631-6505 dino@investprorealty.com
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Dino Nicosia, Broker of Record
6 UNITS - EAST HAMILTON
5 UNITS
6 UNITS 2513_DJW_2_0094
London Ontario. Visit our website for details.
2513_DJW_1_0058
30 minutes from Hamilton. Only 8 years old. For more details visit our website.
2513_DJW_2_0084
In desirable Stoney Creek.
6 UNITS
COMMERCIAL PROPERTY
21 UNITS INFIND DUNDAS RARE
Commercial property in the “heart” of downtown Stoney Creek. Over 2,000 sq. ft. plus finished basement, on large lot. For more details visit our website.
2513_DJW_1_0086
10% Cap Rate. For more details visit our website.
2513_DJW_2_0071
West Hamilton near waterfront. For more details visit our website.
2513_DJW_1_0095
Most apartments are renovated. Spacious units. 8% Cap Rate.
In one of the best locations in Niagara Falls (bring all reasonable offers). For more details visit our website.
Hamilton
Volume 13 Issue 07
(minutes to Mac University)....visit our website for details.
Thinking of selling? Call the “Investment Property Specialist” Please say you saw it in The Commercial Investor
COM_2513.indd 29
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Volume 13 Issue 07
Commercial Real Estate & Business Opportunities
Multi – Residential Mortgages
4PLEX Current Opportunities 4PLEX Mixed Use, Toronto, $1.6M
*6 units or more and/or $1 million or higher
4PLEX Multi-Res, Muskoka, $750k 3PLEX Mixed Use, London, $450k 6PLEX Mixed Use, Peterborough, $575k
5 Year Term
2.51%
10 Year Term
3.14%
*Under 6 units and/or under $1 million
12PLEX Multi-Res, London, $729k
5 Year Term
Hamilton
DUPLEX Store + Apt, Welland, $450k
Private Lender rates
4PLEX Limited Partnership Opportunities
CALL FOR DETAILS
2.99%
First Mortgage 6% to 8% interest only Second Mortgages 9% to 15% interest only
*Special conditions apply, call for details
Lijoy Ulahannan Commercial Mortgage Broker
Lic# 11514
647.547.2122 Ext. 119 1.855.547.2122 Ext. 119
11250884_2513
businesssavvy
Taking it around the world: Increasing online sales
E
commerce is quickly becoming the preferred method of shopping for consumers while proving to be a lucrative option for traditional retailers or local ecommerce merchants striving to reach customers well beyond their country’s borders. Global estimates have shown ecommerce sales topped $1 trillion for first time in 2012. But while North American consumer spending online has increased, sales in Asia-Pacific are growing even more rapidly, nearing one-third of all global business to consumer ecommerce sales. Europe also represents an attractive market for online retailers, boasting over 300 million digital buyers. According to Pivotal Payments, one of Canada’s leading payment processing companies, multi-currency processing is the future of ecommerce sales, allowing online retailers to sell to a global clientele by offering their products in multiple foreign currencies while receiving payment directly in Canadian funds.
“Multi-currency processing solutions help merchants expand into new global market sectors by providing customers with the ability to shop, view and pay in the currency they know best – their own,” said Patrick Huynh, Vice President of Client Services of Pivotal Payments, who handles the company’s ecommerce strategies. With a view to expanding market reach, the payment processing industry continues to introduce new and innovative methods of helping businesses integrate this highdemand function to their ecommerce platform, making it easy to geo-target prices to local currencies. To learn more about multi-currency processing and how you can take your business sales abroad by expanding your payment processing options, visit www.pivotalpayments.com (NC)
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Volume 13 Issue 07
31
Commercial Real Estate & Business Opportunities
ASK FOR AL’S ONLINE MARKETING FOR SELLERS & BUYERS SEARCH ONLINE @ REALTOR.CA OR GET THE APP! (FOR SMARTPHONES)
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TOLL FREE
VISIT
www.alcosentino.com
INDEPENDANTLY OWNED & OPERATED
MOUNT HOPE (IN TOWN) - $219,997
“YOUR OPPORTUNITY...”
2513_DJW_1_0135
Prime Industrual/Commercial corner site. High traffic exposure 1.8 acres. Near Hwy & Lake Ontario. Zoned (M3). Ask for Al’s on-line marketing today!
EAST HAMILTON
“OPPORTUNITY KNOCKS”
STONEY CREEK
“DEVELOPMENT SITE”
219,997
$
al@alcosentino.com
STONEY CREEK
ABANDONED 2 STRY, 4 BDRM HANDYMAN OR BEST OFFER SPECIAL. THE VALUE IS IN THE LAND, 117.5 x 199.14 irreg. Potential commercial development. Hwy exposure. Ask for Al’s online marketing today!
Newly renovated 1 /34 stry. Zoned residential taxes. Huge 60’x287’ lot. Lots of potential options under M3 industrial. Prestige business park area. 1 1/2 car garage. Newly asphalted.
999,997
$
OR MAKE AN OFFER 2513_DJW_2_0136
EAST NORTH HAMILTON
“BUILD TO SUIT YOUR NEEDS” Vacant land 20 X 100. One time was Commercial Retail/Residential above. Now rented for $500/mth. No lease. High traffic location. Ask Al for Al’s on-line marketing today!
1-855-570-9997
69,997 -
“HOT SPOT”
249,997
$
SELLER CAN HOLD 1ST MTG 2513_DJW_0016
2513_DJW_1_0097
EAST HAMILTON
“INVESTMENT/PERSONAL USE” $
348,997
$
OR MAKE AN OFFER
Hamilton
ESCARPMENT REALTY INC. BROKERAGE
905-570-9997
DIRECT LINE
SALES REPRESENTATIVE
894,997
$
High traffic location. Near New Centre Mall/ OR MAKE AN OFFER Walmart. 4000 sq ft, new rear addition 3 yrs ago. 90 x 110 lot. Commercial H. Many uses commercial retail + car lot. 2 drive in doors + garage.
Industrial garage warehouse approx 2300 sq ft w/grade loading 12 ft door & 2,000 OR BEST OFFER sq ft of office above. Fully rented. Seller will hold 1st mgt. Ask for Al’s on-line marketing today! 2513_DJW_0017
2513_DJW_1_0074
10339498_2513
“CALL AL TODAY, PUT YOUR COMMERCIAL INVESTMENT PROPERTY ON THE MARKET! FOR
FURTHER INFORMATION:
JOHN HRYCZYNSKI BROKER
(905) EMAIL:
REAL ESTATE BROKERAGE COMMERCIAL
WWW.BBSREALTY.COM COMMERCIAL REAL ESTATE
REAL ESTATE SALES AND LEASING SERVICES RETAIL/OFFICE FOR LEASE 2513_DJW_1_0458
2513_DJW_0060
EAST HAMILTON MOUNTAIN
240
JOHN@BBSREALTY.COM
RETAIL/OFFICE FOR LEASE
2513_DJW_1_0140
RETAIL/OFFICE FOR LEASE
529-5900 X
CENTRAL HAMILTON MOUNTAIN
WEST HAMILTON MOUNTAIN
RETAIL & OFFICE FOR LEASE
OFFICE FOR LEASE
RETAIL/OFFICE FOR LEASE
EAST HAMILTON
Low rental rates! Attractive neighbourhood retail plaza in the heart of a mixed Density residential area with easy access to the new Red Hill expressway. Retail units from 1,265 - 2,060 sf. Asking $9.95/sf net & finished office units from 900 - 1,560 sf asking $9.95 - $10.95 sf net. Immediate possession, abundant park.
2513_DJW_3_0092
Prime West Mountain location minutes from the lucrative Ancaster Meadowlands shopping disctrict, a major high school, an affluent residential area and easy acess to the link. Busy plaza anchored by Rexall Pharmacy. Available in-line space 6,639 sq. ft. suitable for most retail uses, available immediately and a 20,474 sf freestandingg building ideal for a grocery store or most other retail uses. Call for property and leasing details.
2513_DJW_1_0109
Prime Upper James location with many National Tenants on this power retail corridor. Very high traffic area with easy access to major highways. Busy retail center with large retail anchors. Available: Unit 16 - 1,000 sf and Unit 17 - 1,302 sf, many lease together, ideal for most retail/office uses. Immediate possession and abundant parking. Call for lease details.
2513_DJW_1_0094
Very busy plaza, prime East Mountain location. Many national tenants in complex with a good mix of retail & office uses. Units available: Unit 8 - 1283 sf, asking $10.95/sf net and second floor office units of 450, 700 and 1584 sfr, asking from $14.95 to $16.95/sfr Gross. Abundant on-site parking. Immediate possession.
DOWNTOWN HAMILTON
Prime ground floor office space, excellent exposure to high traffic, close promixity to the downtown core. Located in a professional office complex, ideal for most professional office uses. Suite 102-4770 sfr includes 11 well appointed private offices, reception, boardroom, separate/shared entrance plus Suite 202 - 1,778 sfr 2 floor offices. May lease together for 6,548 sfr. Immediate possession. Asking $17.95/sf gross.
170 SILVERCREEK PARKWAY NORTH, GUELPH
Located on a major arterial road across from Willow West Mall. Many national tenants on this power retail strip. Rare vacancy, excellent end cap location and frontage. Ideal for most retail/office uses. Unit sizes from 1,200 to 3,400 sq. ft. Landlord may assist with improvements. Abundant parking, good access and immediate possession. Economically priced from $12.95$13.95/sq.ft. net.
Please say you saw it in The Commercial Investor
COM_2513.indd 31
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32
Volume 13 Issue 07 8181662_2513
Commercial Real Estate & Business Opportunities
Coldwell Banker Pinnacle Real Estate, Brokerage
905.388.1110 / 1.877.938.1110 ramzi@ramzitwal.com | www.ramzitwal.com 775 Upper Wentworth St. Hamilton ON
BUSINESS
INVESTMENT
Hamilton
Established convenience store in heart of Downtown Hamilton. Good family business. Good income from Lotto & ATM.
Great location near courthouse, GO station, McMaster. Fully rented. 2 apts - one 1-bed, one 2-bed & school of hair dressing for past 40 years. New roof 2 yrs, new HVAC 3 yrs.
D L O S
2513_DJW_2_0095
2513_DJW_2_0096
MOVERS
BEAUTY SALON Moving company for residential offices. Operating in the GTA for a dozen years. Rated A+ with BBB. Established clientele with experienced crew of 8 movers. Ongoing turn key operation. All future bookings and contracts are included in the sale. two 5 ton trucks and one 3 ton truck. Proftiable investment, can be operated out of laptop. Present owner willing to train.
Upscale hair dressing, nail salon & aesthetic studio on a busy intersection near Limeridge Mall. Plenty of parking, established client base. 4 pedicure, 4 massage, 4 hair stations, 2 wax rooms. Willing to train. Do NOT go direct. CONTACT LISTING AGENT FOR VIEWING.
2513_DJW_0095
8310857_2513
brokerage
PRIME ANCASTER SITE!
COMMERCIAL BEAUTY
$2,688,000
$192,500
$329,500
1850 sq ft +/- condo office/warehouse with rear loading close to Linc, 403 & public transit. Current use professional offices with board room. Adaptable to many uses. M-4 zoning; light manufacturing, distributing & warehousing. Please call Larry Szpirglas, Broker/Manager at 905-648-6800 or email szpirglas@judymarsales.com
2513_DJW_1_0126
Well maintained professional legal offices w/modernized heating/cooling, plumbing & electrical. Many original architectural features; stained glass, oak staircase, 9” baseboards, high ceilings. Many possible uses; zoned “H”. Please call Larry Szpirglas, Broker/Manager at 905-648-6800 or email szpriglas@judymarsales.com
2513_DJW_1_0124
Highly visible traffic area across from the Smart Centre on Wilson Street W. Potential future use would allow for arterial commercial development. Farm house currently used as commercial w/one residential unit. Please call Larry Szpirglas, Broker/Manager at 905-648-6800 or email szpirglas@judymarsales.com
2513_DJW_4_0063
PRIME EAST MOUNTAIN!
Larry Szpirglas Broker/Manager szpirglas@judymarsales.com
Please say you saw it in The Commercial Investor
COM_2513.indd 32
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Volume 13 Issue 07
33 10932058_2513
Commercial Real Estate & Business Opportunities
3 UNITS
SOLD
p
• Asking $399,000. • Well maintained, large 2.5 storey Victorian Triplex. • $28,000 spent in capital costs since 2006 (roof, balcony, front porch/entrance, ceramics). • Premium southwest location near St. Joseph’s hospital & fully tenanted. • Beautiful original features and hardwood floors w/large parking lot for (5) & owned set of Coin Laundry machines. 2513_DJW_0070
2 UNITS ST
WE
N
MT
SOLD • Asking $344,900. • (2) semi-detached homes on one title. • Separate hydro, gas meters, and 2 driveways.
• West Mountain location. • Complete net rents except water and taxes. • ‘B’ side fully re-done to builder spec. 2513_DJW_0071
iN rShi iVE
cE
rE
Hamilton
iuM EM ON pr caTi LO
25 UNIT APARTMENT BUILDING
BEST VaLuE iN ONTariO! • Asking $1,188,000. Or $47,520/suite. • Gross Revenue Approx. - $150,000 • NOI Approx. - $64,000 • Located 1 hr south of London off 401 in Ridgetown. • (24) 1 bdrms, (1) 2 bdrm, full parking. • Hydro sub metering in place. • Owned laundry equipment. • Very responsible superintendent couple wish to stay. • Financing available & VTB for qualified purchaser.
280 UNIT CARIBBEAN HOTEL & CONDO RESORT • Liens currently in excess of $110M - PP to be discussed w/LBO • Currently functioning resort with some individual condo ownership. • 2/3 complete & currently in receivership. • Large hotel/resort operator needed. • Brokerage herein has a large investment fund prepared to assume debt and re-assign to qualified purchaser. • Purchasing entity must have suitable experience and a net worth of approx. $40M • Complexity to this purchase - please email for further details.
2513_DJW_0072
2513_DJW_0073
12 UNITS • 18 UNITS • 24 UNITS • 35 UNITS AVAILABLE Contact us for our investor alerts, current & quarterly market reports, for the best local & out of town investment opportunities.
‘ Comprehensive Investment Property Advice’ 17+ years Private Realty & Commercial Investment Experience
Rob Golfi
Sales Representative
905-575-7700 www.GolfiTeam.com
WaTerfOrd $399,900 0 Mechanic St. West
HamilTON mTN $259,900 421 Concession St.
beamsville $235,000 4993 King Street
Parcel located at the corner of Mechanic St. & Norfolk, close to amenities. Water & sewer at the street. OMB approved 25 townhomes & 5 detached homes building site. Vendor willing to consider severing & selling lots separately.
Desirable location near Juravinski Hospital. 2 Parking spaces. Basement apartment. Possible 2nd 1 bedrm apartment on 2nd floor. Main floor currently retail space. For sale building only. Buyer to verify use. H zoning allows many uses.
Prime downtown core. Storefront w/front & back entrances can suit 2 businesses or 1 one. Parking spaces in rear & municipal lot. New furnace & 2pc bath. 1500 sq.ft. of business space w/GC zoning+2 BR apartment on upper level.
HamilTON cTr $289,900 673 King Street East
HamilTON mTN $975,000 516-526 Concession Street
HamilTON mTN $750/mONTH 518 Concession Street
2200sq.ft. corner property w/commercial frontage & 2 additional apartments features great income, close to Cathedral high, roof 4yrs new, 14ft. ceilings, hardwood floors, full basement w/newer wiring & back parking space.
Become a part of Hamilton arts scene or modify this large space for your own purpose! Total building size: 14,400 sq.ft. 390 seat theatre with an additional 4 residential and 5 commercial units. Projected cap rate of 9.6 % unique property. Do not go direct.
Commercial property for Lease! Located in a high traffic location near Tim Hortons and Shoppers Drugmart with 450 sq.ft. Zoning would allow for a coffee shop, office, and retail business. 11267149_2513
Please say you saw it in The Commercial Investor
COM_2513.indd 33
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34 inthenews
Commercial Real Estate & Business Opportunities
Volume 13 Issue 07
The Shops at Westwood Square Exciting new retail opportunities available at Canada’s largest indoor South Asian mall
N
ewly renovated and expanded, Westwood Square in Mississauga offers savvy entrepreneurs an exciting and unique retail opportunity.
Retail spaces are still available at The Shops at Westwood Square, the largest indoor South Asian mall in Canada! One year ago, the Grand Opening Sales Event for this commercial venture was an overwhelming success, and since then, 90 per cent of the units have sold. Due to this blockbuster response and public demand, units in Phase II are now available for sale. This state-of-the-art condominium mall is the brainchild of Fieldgate Commercial and Plazacorp, two of the country’s largest residential and commercial developers. The mall is ideally situated in a prime location on Goreway Drive, two blocks north of Derry Road – a vibrant multicultural area that ensures a rich ethnic market within a short drive. Proximity to Highways 407, 427 and 401 brings major traffic past the mall, which also offers direct connectivity to Mississauga, Brampton and Toronto Public Transportation from the onsite Bus Terminal. Access to the Toronto subway line is just 30 minutes away. Pearson Airport and numerous hotels are nearby, making The Shops at Westwood Square convenient for local residents and tourists alike. A testament to Westwood Square’s central, strategic location, the mall is anchored by a new Walmart Super Centre. North America’s largest department store’s hugely successful opening speaks to the pent-up demand for more retail options in the area. Walmart is joined by a new FreshCo, an LCBO, The
Beer Store, Shopper’s Drug Mart, Royal Bank, Scotiabank and CIBC – all showing confidence in the area’s retail potential. Another feather in the Westwood Square national-brand cap is the new Tim Hortons in the second-floor food court, where shoppers can relax with a Timmy’s. Even while enjoying a snack or a meal, diners are exposed to the shopping experience. Numerous other well-known Canadian brands are among the choices, along with entertainment venues and smaller sellers. Surrounded by lush landscaping in a park-like setting, Westwood Square’s renovation and mall expansion were designed by Kohn Partnership Architects. This award-winning firm has created outstanding exteriors for numerous landmarks across the GTA, such as the recreation of the new Remington Centre at Market Village in Markham. The design of the two-level mall in Mississauga is elegant and functional, offering patrons a pleasant shopping experience. Retail venues surround a large circular walkway for ease of navigation in the light, airy interior, and a series of pathways runs off the central circle. The developers are bringing their substantial expertise in development, sales, marketing and management to The Shops at Westwood Mall. Growing from the success of its parent company, Fieldgate Homes, Fieldgate Commercial Properties is a family-owned and managed company that offers a range of services provided by dedicated, reliable industry professionals. Founded in 1981, Plazacorp is well known for providing both residential and commercial development across Canada, creating outstanding properties that retain their value. With easy accessibility, ample parking, one-stop shopping and excellent management, The Shops at Westwood Mall is the perfect spot for energetic entrepreneurs who want to own prime retail space in a new urban landmark promising long-term appreciation of their investment. For more details, call 647-401-7440 or email plazas02@gmail.com. Drop by the Westwood Mall Presentation Centre, 7205 Goreway Drive, or visit www.newwestwoodsquare.com
Please say you saw it in The Commercial Investor
COM_2513.indd 34
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35
Commercial Real Estate & Business Opportunities
Hamilton
Volume 13 Issue 07
9866957_2513
Please say you saw it in The Commercial Investor
COM_2513.indd 35
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36
Commercial Real Estate & Business Opportunities
Volume 13 Issue 07
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
COM_2513.indd 36
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Volume 13 Issue 07
37
Commercial Real Estate & Business Opportunities
www.ircgroup.com Our team of Engineers, RCI Registered Roof Consultants and Quality Observers, Project Managers and Coordinators use a unique cooperation and multidisciplinary integration of engineering services to deliver complete building performance expertise to our clients across Canada. IRC provides engineering and consulting services for all building needs: Building Condition Assessments Reserve Fund Studies • Building Envelope Engineering including: - Roofs - Walls - Windows - Doors - Parking Garages • Pavement Consulting • Thermography • Design and Specification • Quality Observation • 24 Leak Response System • •
11251605_2513
11273619_2513
D L O S Downtown Toronto Comm/Res property with 25% DP 13% ROI 81K NOI. Contact 2513_DJW_1_0141 for info.
Downtown Toronto legal fourplex opp to add value with 1 add unit 20% DP 17% ROI $53K NOI. Contact info. 2513_DJW_1_0142
DER UN RACT NT O C
Recently renovated, well managed sixplex at 7.65% cap and over 10% cash on cash. Call for more info. 2513_DJW_4_0064
Poured concrete purpose built 1972 18 plex apartment building in Cambridge. Email for info. 2513_DJW_3_0065
8 Senior Homes, Turn Key Operations, Complete Portfolio with 305 Beds, Over 2M NOI, SERIOUS INQUIRIES ONLY, VTB Possible Asking $23M
Greater Toronto Area
Contact us at 905-607-7244 sales@ircgroup.com
APARTMENT BUILDINGS • Comm/residential 5 unit building in downtown Toronto Fully Tenanted @6% cap Principals only • Legal Large Triplex in Downtown Toronto at 5.3% cap rate $1.269M Principals • Large detached fiveplex with big lot, renovated, 4 parking, 75K in downtown Toronto. Call for info • Legal sixplex (2 x Triplex side by side) in Port Credit Mississauga Principals ONLY • Legal Fourplex in Downtown Toronto with ability to add 1 more unit Priced based on income of 4 at 5% cap Principals ONLY
Retail Space for Lease Cabbagetown - Corner building 1490 sq ft on Carlton previously a restaurant, ask for more info.
LEASED
Cabbagetown - Corner building unit on Dundas Street 820 sq ft perfect for bar/cafe/ restaurant. Call for more info.
Video reviews including financials on Apartment Buildings for Sale www.TorontonianOnline.com
Subscribe Today!
Please say you saw it in The Commercial Investor
COM_2513.indd 37
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38
Volume 13 Issue 07
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_2513
Greater Toronto Area
4 Bay Coin & Drive thru touchless rollover, plus detailing Bay/Business & Car Rental Business. Situated on 1.3 acres and close to very busy Walmart Power Centre. Can operate as absentee owner or hands on. Very profitable!! High return on investment!! Asking $1,699,000 Muskoka area. Call to view. 1313_DJW_0129 1313_DJW_0130 1313_DJW_0131 6 Bay Coin Car Wash on 1.1 acre. Vacant land can also be developed for 100 - 10’ x 10’. Public storage units. Asking $1,199,000. 1313_DJW_0089
Completely gutted and reno’d, ready for you to operate your business and/or live/rent. Commercial unit for grocery, convenience, restaurant, cafe, etc., and ready to move in apartment upstairs. Call for exclusive viewing. Asking $748,000.
Excellent Oakville Development site. 1.5 acres. Currently rented for $3000/mth. Road to be widened & directed to new hospital. Use as contractor yard or develop. Asking $1,199,000. 1313_DJW_0090
Two units for sale in North/West Mississauga area. Can purchase separately or together total of 7559 sq ft and asking $1,299,000.
1313_DJW_0091
1313_DJW_0092
PRINCIPALS ONLY • 8 Bay Coin Car Wash & Rental Building. Asking $1.95 Mil • 6 Bay Coin Car Wash Tunnel & Commercial Rental income (Hamilton). Asking $1.85 Mil • Mississauga Plaza. Asking $16 Mil. 6% CAP. • Mississauga Plaza. Asking $12.5 Mil. 6% CAP.
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
COM_2513.indd 38
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Volume 13 Issue 07
39
Commercial Real Estate & Business Opportunities 11251108_2513
Centurion Award Winner
BUY and SELL with
VINNY MASSEY
SALES REP EXPERIENCE THE DIFFERENCE, call for a no
obligation valuation of your business and get top dollars
10-350 Rutherford Rd., Brampton L6W 3M2 Millenium Inc., Brokerage
Office: 905-450-8300 Toll Free: 1-888-450-8301
vmassey16@gmail.com www.smarthomemove.ca
Excellent opportunity for any Investor comes this fully upgraded 21 room hotel plus Bar and night club leased for $40K per year in the Heart of Parry Sound. Great City just hrs from Toronto, with all amenities and services of a Big City. Very busy all year round. A must see for all Investors. Asking $1,299,000.
Principals only 2113_DJW_0008
JUST LISTED –17 BED DOM HOME OTTAWA AREA $999,000 11.5% CAP RATE*– CITY FUNDED
This well located Dom Home is nearly always full. Most residents have private rooms. Net, net operating income $114,000, when fully staffed 24 hours. Net operating income could be much higher for the on site owner. Income could be tax exempt. 2513_DJW_0046
JUST LISTED
Excellent Investment Opportunity also has Subway Franchise for sale with the Motel in Tourist Area. Comes this fully renovated 18 room motel! Plus large 3 bedroom residential house, its a must see on approx. 1.5 acres. Great family business with owner office/ residence separate on property. Excellent traffic flow as located on busy Hwy 60 and Hwy 41. Property is next to nature and lots of activities. Lakes, rivers and beaches, snowmobiling, cross-country skiing and more. Lowest listed motel in the price range and number of rooms offered in the area, which makes it an excellent opportunity w/great income. Asking $639,900.
2113_DJW_0009
2113_DJW_0010
26 BED HOME CARE 13 BED HOME CARE FACILITY FACILITY - TORONTO - EASTERN ONTARIO 17 HSC BEDS 9 HOME JUST LISTED CARE BEDS $1,999,000 - 10 DOM 3 HSC BEDS $775,000 13% CAP RATE - 20% CAP RATE - 50% R.O.I!
Beautiful ravine setting on a lot with 200’ frontage Home in pristine condition. Meets all fire and safety codes. Sprinklers installed. Public transport at door. LOW OPERATING COSTS!!
2513_DJW_6_0044
Excellent opportunity for all investors. 2 1/2 hrs from Toronto comes this 24 room fully updated motel with separate owner/manager house on property, walk to Beach and actvities, located right in the middle of Tourist Area. Call Vinny Massey for more info, serious inquires only. Asking $989,000. Principals only 2113_DJW_0155
START A NEW LIFE!! SAVE $60,000 P.A.!! KINGSTON GOVERNMENT FUNDED HSC’S* $349,900
Greater Toronto Area
Excellent opportunity for any investor to own this franchise which is very hard to get. Only one Subway in the city. Very busy. Excellent sales. Call for more information.
INDEPENDENTLY OWNED AND OPERATED
SMART BUY
JUST LISTED
IVE EXCLUS
®
Great business opportunity. This This Kingston home has 5 HSC Home Care Facility in pristine beds with a gross of $90,000 p.a. condition comes with a lovely owner residence on site. Ministry of Health This income is tax exempt and and the City of Cornwall pay the covers all the living expenses owner directly for the residents. for the on site owner/operator. On site owner operators can net $120,000 per year TAX EXEMPT. Home for Special Care (HSC) Because of minimal living expenses Minsitry of Health funded. the on site owner operator could save $100,000 + per year. 2513_DJW_1_0088 2513_DJW_1_0089
MICHAEL SHMUKLER, BROKER Sutton Group Select Realty Inc. Brokerage
michael@michaelshmukler.com www.MichaelShmukler.com - click on I.C.I properties
11253451_2513
519-433-4331 519-318-1622
Please say you saw it in The Commercial Investor
COM_2513.indd 39
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Volume 13 Issue 07
Commercial Real Estate & Business Opportunities SELLING REAL ESTATE FOR OVER 24 YEARS
Platinum Award Winner
Bill Morrison SALES REPRESENTATIVE
Direct:
905-619-9500
Heritage Realty Inc., Brokerage Independently Owned and Operated
TORONTO
10 Plex solid building. 8-2 bedroom & 2-1 bedrm @ double garages. Separate meters. Tenants pay own hydro. Asking $1,199,000.
Email:
morrisonb@sutton.com OSHAWA
Auto Repair. Fenced yard. 3680 sq ft. building near prosed GO Train Terminal. Also zoned for 10 residential lots. Asking $595,000.
2513_DJW_0101
TORONTO Greater Toronto Area
Centrally located 5 units, 4 - 2 bedrm and 1 - 1 bedrm. 2 garages. Well maintained. Family owned building. Asking $1,175,000.
2513_DJW_0102
TORONTO
Wow what a deal! Commercial/residential 3 storey building. Prime location on Queen. Approx 3000 sq ft plus finished basement. Downtown. Asking $895,000.
2513_DJW_0103
AJAX
South Ajax. Quick access to Hwy 401. 1500 sq ft condo, extra space in mezzanine area. Lots of parking. Only $160,000.
10527900_2513
Toronto line: 416 798 7278
2513_DJW_0104
WHITBY
Retail or office building. Approx. 2500 sq. ft. downtown. Seller will consider VTB. Asking $499,000.
2513_DJW_0105
2513_DJW_1_0148
EAST TORONTO Attention developers and investors. 1 Acre on Kingston Rd. Currently car lot and house. Great location for stacked townhouses or apartment buildings. Asking $2,100,000.
TO MY PAST & PRESENT CLIENTS
PLEASE CALL ME DIRECT! Not thru my Assistant Thank You!
I URGENTLY NEED MORE PROPERTY TO SELL IN ALL AREAS,
BUYERS ARE WAITING.
Call Bill Morrison to sell yours! FREE consultation call Bill 905-619-9500 Please say you saw it in The Commercial Investor
COM_2513.indd 40
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20G
COM
9853283_2513
Commercial Properties Business Opportunities Franchise Openings & more! MULTI-BUSINESS ENTERPRIZE $799,900
11269763_2513
®
~ 115 acre - Marine Commercial, nautical Lake Erie access ~ 22 boat slip Marina, Boat ramp, Bait & tackle shop R E A LT Y B R O K E R A G E I N C .
~ Fast Food Restaurant, outdoor patio (turn key)
INDEPENDENTLY OWNED AND OPERATED
905.774.4444
~ Wine Bar/Bistro/Cafe (turn key) 2513_DJW_1_0075
Wes Moodie SALES REPRESENTATIVE
www.wesmoodie.com
2513_DJW_1_0004
Independently Owned and Operated
Wilfred McIntee & Co. Ltd., Brokerage 105 Garafraxa St. N. Durham, ON N0G 1R0
MLS #H3100549
$2,500,000
Brokerage
Sales Representative
~ Walk to downtown, highway location
TOWN OF LISTOWEL
Royal LePage Your Community Realty,
Paul Manion
~ 40 acre activity park - fishing, day camping, canoe rentals, miniature golf, eco-tourism destination
Just west of the City of Waterloo. Giant Tiger and additional retail space. Surrounded by national tenants. 27,800 sq. ft. Asking $2,500,000. Call Paul for details 905. 731. 2000
2513_DJW_1_0005
Town of Durham - Junction of Hwys #6 & #4 55 miles N of Guelph, 50 miles NW of Orangeville, 65 miles NE of Kitchener $595,000
$600,000
519.369.2128 11255951_2513
Glen G. Reay SALES REPRESENTATIVE CELL:
9, 00 52
$ 11276507_2513
HAMILTON
THE COMMERCIAL INVESTOR: SPOTLIGHT
GREAT INVESTMENT
34.05 acres in the town of Durham, zoned residential. Water, sewer & hydro at property line. Walking distance to downtown & conservation park area. #13-041. Call Glen
glen.reay@mcintee.ca • www.glenreay.ca
0
Email:
519.369.4113
COMMERCIAL BUILDING IN HANOVER
2 1/2 yr old building in Hanover industrial park. This building is approx. 7100 sq. ft. with main floor foyer, showroom, boardroom, offices, storage & workshop. Lower level has overhead doors, storage & utility. Natural gas heat, 200 amp, 600 volt hydro 3 phase, step down 2513_DJW_1_0048 transformer. #12-102. Ask for Glen
2513_DJW_0049
•
www.mcintee.ca
FOR SALE Well maintained, 2 storey building is made up of 5 levels, with numerous rooms and reception areas. Presently the entire building is being used for a spa but could be easily changed to have store front and apartments. Perfect location for many types of businesses, with easy access right on Upper Wentworth, close to Limeridge Mall and the Linc. Plenty of parking for your customers (6 included paved spots in total). Upgrades have been done over the past few years, including a new roof (2 years old), updated bathrooms, 2 fireplaces, 2 hot water heaters, Omni water proofing system in the basement and more. Call us for a viewing... this is a “Prime” commercial building and it will not last long. 905-389-9585. 2513_DJW_0034
Commercial Properties • Business Opportunities • Franchise Openings & more! 19G COM
Commercial Properties Business Opportunities Franchise Openings & more! 396 MARTHA STREET, BURLINGTON -
$789,900
Escarpment Realty Inc.,
2513_DJW_0052
11276494_2513
Alexandra Borondy H.B. Comm, ASA, IRES
Sales Representative PH:
905.545.1188
Fax:
905.664.0432
Email:
aborondy@rmxemail.com Web:
www.HowDoYouWantToLive.com
2513_DJW_0053
Brokerage
Investment opportunity in Prime Downtown Burlington location. Close to the lake, QEW, shopping and amenities. Commercial/Residential freehold townhouse. Main floor day spa currently leased for $1,900/mth plus utilities. 2 bedroom residential unit vacant August 1st - pick your tenants or live here yourself! Well cared for complex with lots of new development in immediate area. Condo fee for road maintenance and common areas $120/month. www.396MarthaStreet.com for details.
OFFICE BUILDING FOR SALE - CAMBRIDGE, ON
519.658.9292
Stan Adams Realtor
Cell:
519.748.7237
2513_DJW_1_0007
RE/MAX Real Estate Centre Inc., Brokerage
239,800
2513_DJW_1_0006
11275033_2513
$
Great centrally located commercial property suitable for many small business usages including offices for a lawyer, accountant or financial planner etc. The main level features an open concept layout which can be reconfigured as a reception office and a private rear office with existing pocket doors. There is also a spacious foyer area and a good sized storage/technology room and a 2 pc bathroom. Upstairs is a large boardroom, private office and kitchen. The basement has reasonable headroom and is currently used for storage. Could easily be adapted to main floor business in 829 sq ft with 734 sq ft 1 bedroom apartment above. MLS 1391969. Please call Stan Adams 519-748-7237.
9735712_2513
Be Seen in the limelight! Highlight your hot, new and unique listings. Feature 2 properties and your agent photo in a full colour quarter page ad.
Reserve your space today! 416-784-5060. THE COMMERCIAL INVESTOR: SPOTLIGHT 18G COM
Commercial Properties • Business Opportunities • Franchise Openings & more!
151 City Centre Drive, Suite 300 Mississauga, ON L5B 1M7 P 905.268.1000 F 905.542.2836 Member Commercial Division, Toronto Real Estate Board
I N V E S T M E N T O P P O RT U N I T Y I N B R A N T F O R D ! ! ! ! t ga
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in art
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2513_DJW_0093
6
$1
• Brand New Plaza (2008)
• Low condo fees
• ‘A’ Grade construction with Concrete walls
• Units sub divided into 2-3 sections for easy renting
• Stucco facade
• High quality lease hold improvement
• Metal roof
• Potential for solar panels income
• High efficiency Hydro
• Owner Retiring
• Long leases - ranging from 2-5 years
• Financing available with 25% down
• Escalating leases te Ra teed P CA aran u tG en
8s%R
Plu
2513_DJW_0094
8471255_2513
17G COM
inthenews
Park the Tax Hike! Retailers welcome debate on transit investment: Reject ill-considered Parking Tax proposal
W
hile welcoming the debate on transit investment,
retailers are deeply concerned
with a flawed parking tax recommendation contained in the Metrolinx report tabled in June, said the Retail Council of Canada (RCC).
“Retailers understand the pressing need for investment in transit and transportation, on which we all rely for efficient movement of our customers, employees and goods,” said Diane J. Brisebois, president & CEO of RCC. “Where we part company with the Metrolinx report is on the suggestion of a new property tax on parking spots, which would be certain to hurt Ontario consumers,” added Brisebois. The parking tax proposal is flawed in several respects, including an ill-defined description of how it would operate. It would fall disproportionately on retail merchants, relative to other business enterprises. Retailers, in turn, would have little option but to pass these costs on in the form of higher retail prices and these higher prices would affect all purchases of groceries and general merchandise. “A tax on free parking spaces is just another form of property tax and would ultimately affect all consumers alike, whether they drive, take transit or walk to the store,” said RCC Senior Vice-President, David Wilkes.“It would be a double-whammy for consumers, over and above Metrolinx proposed 1 per cent sales tax increase,”Wilkes noted. Retailers welcome a robust debate, both about needed investments in transportation and transit and on the funding required to make those investments. At the outset, however, retailers demand that certain principles be established, among which are that any revenue measures should be equitable, properly thought out and subject to strict sunsetting provisions. Regrettably, Metrolinx’s current proposal fails that test on all counts. About Retail Council of Canada Retail Council of Canada (www.retailcouncil.org) is the Voice of Retail. Founded in 1963, RCC is a not-for-profit association which represents more than 45,000 stores of all retail formats, including department, grocery, independent merchants, regional and national specialty chains, and online merchants.
16G COM
2513_DJW_0001
Located in the prestigious and growing town of Caledon East.
11276224_2513
Chamber of Commerce Award Winner; 22,500 square feet of high quality construction. 3 stories of insulated foam blocks filled with solid poured concrete, built to last and virtually maintenance free. Located in the prestigious and growing town of Caledon East. Fully leased with a perfect mix of tenants; doctors, lawyers, pharmacy, physiotherapist, Re/Max Realty, Plus 4 penthouse apartments on the top floor with lots of parking. $4.3 million. Call Peter 647-223-4747.
legallyspeaking Timelines: In commercial financings, lenders typically require anywhere from 30 to 90 days to carry out their due diligence. It typically takes this long as procuring necessary documentation, i.e. environmental assessments, property appraisal(s), financial statements, etc. takes time. Purchasers must ensure that any financing condition in an Agreement of Purchase and Sale affords sufficient time for said diligence to be carried out. Collateral security: Prospective purchasers should also be aware of the possibility that other collateral security may be requested by the lender to secure the commercial mortgage. In many cases a personal guarantee will be required. Conclusion: Commercial mortgages are more complex financing vehicles than the residential variety to which most people are accustomed. There are numerous elements to be aware of and a considerable number of things to come up to speed on when considering the purchase and financing of a commercial property.
This article only scratches the surface and it is recommended that you consult directly with a commercial lender or lawyer experienced in the trials of commercial real estate should you be in the market to purchaser a commercial property. Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the website (www.schwarzlaw.ca), email (schwarz@schwarzlaw.ca), or phone us at 1-888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.
Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Konstantine Chatzidimos is a Toronto business and franchise lawyer and associate in the law firm.
15G COM
legallyspeaking
Commercial mortgages
T
his article explores a few of the considerations inherent in the procurement
of commercial mortgage
financing. Commercial mortgage applications are typically more involved than residential applications and are open to considerable subjective analysis on the part of lenders. This is because the assessed value of the underlying security, i.e. the real estate, is driven mainly by market forces occurring where the property is situated. Hence, location, timing of the current economic cycle, use, rental income and expenses or owner occupancy are key factors considered by lending institutions before advancing a loan.
14G COM
By Konstantine Chatzidimos and Jayson Schwarz
Loan to value ratio: Lenders rely heavily on loan-to-value (LTV), which is the percentage calculation of the loan amount divided by the purchase price. If you know the LTV requirements of a particular lender, you can calculate the loan amount by multiplying the purchase price by the LTV percentage. Homework before approaching a lender: Approaching a commercial lender is not simply a matter of just showing up. There is a long list of things you should know and have prepared prior to making a commercial mortgage application; for example: (i) an understanding of cash flow generated by the property relative to debt servicing the mortgage; (ii) ensuring appropriate “conditions� are set in the Agreement of Purchase and Sale; (iii) the documents, surveys, and third party reports the lender will require so it can intelligently assess the risk involved and the cost thereof; (iv) knowledge of the financial criteria the lender will use to assess the application including collateral security; The above list is by no means complete. As such, it is prudent to meet with a lawyer experienced in the area of commercial real estate acquisitions at the beginning of the process in order to make sure you are covered going into the deal.
H
A
M
I
L
T
O
N 8148414_2513
Mazhar Roshan Sales Representative
905.929.9800
Direct
905.318.3800
24 Hr. Pager
BROKERAGE
mazharroshan@sympatico.ca mazharroshan@hotmail.com BUSINESS FOR SALE Long established mattress manufacturing business for sale, owner retiring. Lucrative opportunity for business enterpreneur, easy operation, money maker. Seller will provide full training and establish list, for more details call. 2513_DJW_1_0019
RETAIL STONEY CREEK MOUNTAIN
BUSINESS FOR SALE ONLY - $499,000 2513_DJW_1_0027
Location, Location, Location! Long established vareity store, doing 25K sales per month + lottery + more, need prudent entrepreneur, great for family run operation, long lease reasonable rent, call LBO for more information.
2513_DJW_1_0024
Long established convenience store, totally upgraded, doing over 15K per week + Lotto, no competition near by, good opportunity, call LBO for more information.
seller motivated
2513_DJW_0041
BUSINESS FOR SALE HAMILTON ASKING $29,900
2513_DJW_0003
BUSINESS FOR SALE BURLINGTON $99,900 2513_DJW_0002
BUSINESS FOR SALE HAMILTON $229,900
Long established variety store doing $7000 per week and $1500/Lottery per month. Rent is $3500 including all. Motivated seller.
CONVENIENCE STORE - HAMILTON - ASKING $209,000 PROPERTY & EQUIPMENT
price reduced
2513_DJW_3_0001
2513_DJW_1_0018
FOR LEASE
LAND FOR SALE
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.
Very desirable area of Stoney Creek Mountain. Next to the new Walmart/ Financial Institutes, new homes coming to the area in a plaza, 1366 sq ft office space available. Ideal for lawyers, doctors, dentist and insurance agents. 6 offices available with separate receptions and kitchen areas. OTHER TENANTS INCLUDE TIM HORTONS, ESSO, G/S, AVONDALE, GINO’S PIZZA & MANY MORE. TMI’S ESTIMATED 9.00 PSF.
COMING SOON! Triple Net income property in southwestern Ontario. Great CAP Rate. Wait for details.
2513_DJW_1_0064
FOR LEASE BRANTFORD
2513_DJW_1_0044
Very busy location on East Mountain. Sales $30,000 per week. 8000 square ft store. Low rent of $8000 per month. Long lease available. Net $50K per year. Asking price is $499,000. For more details call Mazhar Roshan.
2513_DJW_1_6668
Very desirable area of Stoney Creek next to new Walmart. New home construction coming to the area. 1366 sq ft office space available. Ideal for doctors, lawyers, dentist and insurance agents. Other tenants include Gino’s Pizza, Tim Hortons, Esso and many more. TMI’s estimated at $9.00 psf.
Great Hamilton Mountain location, retail convenience business with property, lots of potential! Kitchen established license for 15. Lottery terminal making about 1000 per month. Good for small entrepreneur or family business. Be your own boss, buy the business with totally upgraded property! Store also available for lease or rent.
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.
MONEY MAKING FRANCHISE BUSINESS Net income over $150,000 per year. Better than a convenience or grocery store. Reasonable rent and long lease. For details call Mazhar Roshan. (Principals only please) 13G COM
8302229_2513
11273560_2513
Royal LePage RCR Realty 136 Main Street E., Box 238 Shelburne, ON L0N 1S0
Independently Owned & Operated Brokerage
TOLL FREE:
800.360.5821
OFFICE: 519.925.2761
DIRECT: 519.216.1756
marg@royallepage.ca www.margmccarthy.com CALL ME FOR SUCCESSFUL BUYING & SELLING, ALWAYS WORKING FOR YOU! LIVE AND WORK AT HOME
COMMERCIAL & RESIDENTIAL ZONING
LEGAL TRIPLEX
Sale of business & Property. Fully stocked general store with full service Post Office, Beer & LCBO outlet (new owners to be approved). 2 storey, 3 bdrm $699,000 Large home attached with store access, plus a large 2 bdrm apt above store. Rental income potential. Store located in The Hamlet of Feversham. Excellent opportunity for family business. Proven income.
Currently a general store/ snack bar with approx 3000 sq ft of Commercial space, room to grow or bring in additional businesses. Plus a huge 2 bay garage. Attached bedroom, 2 bath residence. $299,000 3Located in an area of future development. Great location on Cty Rd 124 with lots of skiing and cottage traffic enroute to Collingwood, Wasaga Beach area. Located approx 10 min N of Shelburne, 1 hr N of Brampton and 20 min S of Collingwood.
Three apartments, 1 two bdrm and 2 one bedrooms, common laundry room, garage, two entrances one from Street one from lane $359,900 and way parking for 6 cars. Close to downtown, quiet street. Live and pay your mortgage by renting out, or all as investment income.
2513_DJW_0081
2513_DJW_0082
DOWNTOWN STORE WITH 4 BEDROOM APARTMENT WITH 5 CAR GARAGE
2513_DJW_2_0098
VACANT LAND 12G COM
$339,000
2513_DJW_2_0099
Century building has store with classic features, high ceilings, hardwood floors, 5 car garage at the rear, with many potential uses. Apartment has been restored, new windows, floor and tall ceilings. Great location in growing small Town, live in and work or Investment property.
2513_DJW_1_0096
3 STOREY BUILDING WITH TWO COMMERCIAL UNITS AND 8 APARTMENTS GREAT POTENTIAL Proven income, good tenancy. New roof in 2009. Great downtown location. Parking in back of building for tenants. Character building with great potential. High ceilings, $469,900 wide hallways. Must see for the investor with own business or live in.
2513_DJW_3_0097
in Vibrant Central Orangeville. Central Business District, Commercial, Residential or combination, may take up to 7 unit building. Paved and close to Municipal parking. Owner may finance and can build to suit. Good value for a rare development in Downtown Orangeville. $178,000.
10126377_2513
11G
COM
Commercial, Real Estate & Business Opportunities
Bill Bradley Sales Representative
416.258.6866
EXIT REALTY YOUR WAY
$79,900
Have your “own printing� business with all the equipment and customer list. Seller will train the new Buyer (3 to 4 weeks) or so until he or she is ready to do business. Buyer must assume the lease which expires on Nov 2013. Act quickly. 2513_DJW_1_0059
2513_DJW_2_0081
ONLY
exitwithbill@gmail.com
10228647_2513
2513_DJW_3_0082
Brokerage | Independently Owned & Operated Unit 2, 1240 Speers Rd., Oakville ON 905.815.9900
Here are two properties that form 56,309 sq ft. Approx 1.3 acres that run from Main St. W. to the Grand River with approx. 146 ft. frontage and 390 ft depth to the Grand River and you will get 2 stores, shop and a 1 bedroom house or office. FREE (3 are leased) you could build a strip mall along the front giving you approx. 7 or 8 units. Or build along the south side of lot 602 from Main St to the Grand River giving you a possible 14 to 18 units with plenty of parking. All to be okayed by the town.
AN EXCELLENT INVESTMENT FOR ONLY
$599,000
FOR SALE A wonderful retirement bldg for senior retirees. Discover lovely suites with private bathrooms and all the amenities. Approx. 50 suites plus dining, living room, games room, etc. etc.
ASKING
$3,500,000
2513_DJW_0050
FOR LEASE Lovely 3 bedroom condo apartment on the 18th floor facing east towards Toronto and Lake Ontario. With indoor garage, pool, etc, etc. Only $1530 per month plus you pay for the heat and hydro. 2513_DJW_0051
10G COM
COM
9G
8155064_2513
11272352_2513
8G
COM
11102630_2513
7G
COM
www.realtyforeveryone.com
ritamollicone@rogers.com
11266919_2513
HomeLife/Bayview Realty Inc., Brokerage
Rita Mollicone, BA
Independently Owned & Operated
905-889-2200 SHOPPERS DRUGMART
2513_DJW_4_0016
2513_DJW_0098
$2.9M
• Very busy location in downtown Windsor • Triple $225,000/yr plus available space
$889,000
• Walking distance to Georgian Bay’s most beautiful beaches. • Approved for subdivision or build along existing road.
$1.4M • High traffic arterial road in Brantford • Same tenant for many years • $$$ spent on recent renovations • Large lot for further development possible
• 25 units - 19 2-bed and 6 1-bed • $$$ spent on improvements • 5% cap rate
100+ ACRES OF LAND ASKING
416-508-2949 PROPERTY WITH PIZZA HUT
APARTMENT BUILDING
$3.9M
• Leased to 2021+ options • 9,500 sq. ft. available for lease on 2nd floor • Elevator to 2nd floor, plus parking
cell:
• Net income $82,000/yr
DUPLEX PLUS
PLAZA WEST TORONTO
$590,000
$3.8M
DANFORTH LOCATION • Excellent long-term head lease • 95 feet frontage on Danforth
• Centrally located • Detached, all brick, 2-bedroom apartments
• Long-time regional tenants
• Corner property
• High visibility
• 2 units plus 10 parking spaces
• Lots of parking
• Recent improvements to property
• Cap rate 6.5%
• Lots of potential
2513_DJW_3_0098
Downtown excellent office building. Completely renovated. Air conditioned, heat, hydro, maintenance, janitorial, taxes all included. Steps from the courthouse and McMaster downtown campus. 150 sq ft - $250 mthly 489 sq ft - $650 mthly. 1548 sq ft - $1500 mthly. 2513_DJW_1_0009
905-777-0252 ext 304 E-mail:
info@desantis.com
www.desantis.com 6G
COM
QEW & CENTENNIAL PARKWAY - 45 GODERICH
Office building with high visibility and easy highway access. 1238 sq. ft. unit available from $11.00 per sq. ft. net featuring several offices, boardroom, plenty of parking & signage.
2513_DJW_1_7007
8148088_2513
8 MAIN ST. E., HAMILTON
8172756_2513
5G
COM
Volume 13 Issue 07
41
Commercial Real Estate & Business Opportunities
reduced for quick sale $2,690,000
AX
AJ
High exposure locations facing Hwy 401 and short walk to GO station at Westney Rd. Corner property. Prestigious zoning on 1.81 acres. 38,400 sq ft of manufacturing and office space. Fully fenced. 2113_DJW_2_0098
Impressive office building on busy Brock Street in downtown Whitby! Great for spa, lawyer, business or professional office or investor! Almost everything is new including 11 car parking lot! Only $975,000.
Greater Toronto Area
WHiTBY
2113_DJW_0150
driViNG raNGe
ASKING $2,400,000.
Have a money maker, “cash cow� in the making. Zoned and site planned approved for driving range, mini golf, 2400 sq. ft. Restaurant and a gorgeous open concept 3500 sq. ft. bungalow. All on 41 acres. On Taunton Rd. next to future Hwy 407 ramp. 2113_DJW_2_0034
call bill morrison to sell yours! (905) 619-9500
8177227_2513
Please say you saw it in The Commercial Investor
COM_2513.indd 41
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42
Commercial Real Estate & Business Opportunities
Volume 13 Issue 07
for sale
investment properties 1478 Eglinton Ave. W. - Store & 4 apt. $699,000 1801-1807 Eglinton Ave. W. McDonalds, Tim’s, Rexall & 47 apts. $14MM Jane and Wilson - +70 apts. $13MM Florida 8 unit luxury Motel/Family Vacation Compound $3.2MM - 9% Cap
Lorenzo DiGianfelice, Broker of Record Direct (416) 907-8281 www.cfrealty.ca 13,065 sq. ft. office condo at Victoria Park avenue South of Steeles suitable for professional office and adult School. fully air conditioned, 50 parking spots. TTC bus in front of property. Detail call Jimmy Wong, Broker of Record. 2513_DJW_0106 11276642_2513
Jimmy WONG Greater Toronto Area
Homelife Gold Trade realTy lTd., BrokeraGe
905-415-3800
Bro ke r o f re Co rd
direct: 416.402.0888
35 The Links Road, Toronto, ON, M2P 1T7 / 416-972-9220 p 416-972-9588 f 10377579_2513
PhaseOne PhaseTwo SiteRemediation Environmental Site Assessments
8297113_2513
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
COM_2513.indd 42
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Volume 13 Issue 07
43
Commercial Real Estate & Business Opportunities
11265283_2513
Igor Chouminov President, Broker of Record
PAII REALTY INC.
Brokerage
416.877.0326 igor@paiirealty.com INVESTMENT AND DEVELOPMENT REAL ESTATE
TOWNHOUSE DEVELOPMENT SITE, RICHMOND HILL ON
TOWNHOUSE DEVELOPMENT SITE, RICHMOND HILL ON
RETAIL PLAZA/CONDO DEVELOPMENT SITE, SCARBOROUGH, ON
• 17 unit Townhouse Site, 3 storey units w/20 ft fronts over 2500 sf each with large backyards.
Modern Design: 15 Unit Townhouse Site, 20ft fronts, 2200sf+, 3 storey, large backyards, upscale neighborhood.
• Under secondary plan for mixed use condominium development.
• Great neighborhood walking distance to shopping, schools and transport.
Priced at $3,750,000
• Great investment/Development opportunity! Priced at $6,000,000
Priced at $4,500,000 1713_DJW_0101
• Retail Plaza current net income: $200,000/ year
1713_DJW_0102
1713_DJW_0103
INDUSTRIAL UNIT FOR SALE, TORONTO, ON • Located near Keele/Steeles. • Approx 1550 sf plus mezzanine storage space • Zoning; M3 will allow most industrial uses. • Automotive repair and sales allowed. Priced at $264,900 1713_DJW_4_0012
ACTIVELY LOOKING FOR: COMMERCIAL AND RESIDENTIAL PROPERTY FOR DEVELOPMENT SITE PLAN APPROVED PROJECTS RETAIL PLAZAS AND OTHER INVESTMENT PROPERTIES INVESTORS FOR REAL ESTATE PROJECTS ACROSS THE GTA!
Greater Toronto Area
-
inthenews
Canada’s Taxpayers’ Ombudsman expands reach to taxpayers with launch of Twitter Account
C
anada’s Taxpayers’ Ombudsman, Mr. J. Paul Dubé, launches his Office’s Twitter account, expanding his reach to stakeholders.
The Office of the Taxpayer’s Ombudsman looks forward to seeing you on Twitter!
“Twitter provides a new and exciting way for my Office to connect with stakeholders, and for Canadians to stay informed about their rights as taxpayers,”said Mr. Dube.“My Office is always looking to increase awareness of the services we provide. Twitter offers yet another opportunity to reach audiences not accessible through traditional media.”
subscribe to their electronic mailing list; and add their RSS feed to your feed reader.
Those following the Office of the Taxpayers’ Ombudsman’s on Twitter @OTO_Canada will receive news of events as they happen, such as the publication of Special Reports, updated tips for taxpayers, and public announcements. Tweets will also include information to assist taxpayers who feel they are being treated unfairly by the Canada Revenue Agency and wish to lodge a service complaint.
To receive updates, you can: follow the Office of the Taxpayers’ Ombudsman on Twitter @OTO_Canada
Please visit the Office of the Taxpayer’s Ombudsman’s Twitter Terms of use for more information.
Please say you saw it in The Commercial Investor
COM_2513.indd 43
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Volume 13 Issue 07
10929735_2513
Commercial Real Estate & Business Opportunities
4 bAy shop with house. On 1 acre corner lot, in growing area near Schomberg, (Hwy 9 & 27), includes hoists and equipment, client and supplier lists, house has 4 bedrooms, 2 washrooms, hottub on rear deck, yours for $649,900, Exclusive listing with ian witherspoon** 1-888-936-4216.
Greater Toronto Area
Fantastic income property located in a highly desirable area in Orangeville. Recently renovated and updated. This legal duplex shows A+ with an additional 1 bedroom unit in the basement level. All units are occupied & willing to remain after sale. Walking distance to shops, school & park. $429,000 Maggie MacMurchy* or Marilyn MacMurchy* 1-877-435-4336. 2513_DJW_0066
Downtown Victorian Building with history and charm located in the Commercial Core of Alliston. Store front approx. 600 sq. ft., office area 168 sq. ft. with 2 pc bath and basement for storage. 2 bdrm. apt. with eat-in kitchen, living room & 4 pc bath. Offers good income potential with immediate possession. $249,900 Cheryl Vienneau* or 2513_DJW_0067 Marc Ronan*** 1-888-936-4216.
3 Parcels totalling close to 300 acres featuring rich fertile black muck soil perfect for growing vegetables, carrots, potatoes, etc. 100 acres with shop, barn & bungalow. great opportunity to purchase large acreage minutes North of Alliston. $3,500,000 Marc Ronan*** 1-888-936-4216
2513_DJW_0068
High profile corner Commercial lot approx 3.2 acres in Angus comprised of 7 lots with 424’ frontage on high traffic Main street. 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! $1,950,000. Marc Ronan***/ 2513_DJW_5_0040 Gladys Craine**** 1-888-936-4216
15 Acres - Urban Industrial Zone Land, Ready To Go With Services Available. Beside Major Users Such As Honda of Canada, Gibson Transport, Nissan Transport. Growing South Simcoe And Alliston. Ready To Build Or Owner Will Divide. $250,000/Per Acre. Marc Ronan*** 1-888-936-4216
84.4 acres Abutting Residential Development in area of fast growing Community of Alliston. Surrounded by existing development with two road stubs to East on Municipal Services. Flat, clear acreage minutes from Honda. Entirely maintenance free clean crop land. $3,795,000. Marc Ronan***1-888-936-4216
2513_DJW_2_0049
2513_DJW_2_0089
Building, property & chattels for sale in growing Alliston on busy street with high visibility on 100 x 150 lot. Well equipped restaurant with 74 seats and 24 parking spaces. Forced air gas heating, 4 washrooms, open 7 days a week 6:00 am - 3:00 pm. Great investment/business opportunity! $649,900 2513_DJW_0069 Marc Ronan*** 1-888-936-4216.
50+ acres abutting draft plan approved land owned by major developer in Beeton on paved road less than an hour from GTA and Pearson Airport. Fabulous views, solid raised bungalow with setup for inlaws. Forced air gas heating, exellent investment and future development potential. $1,100,000 Marc Ronan***1-888-936-4216
46 Acres of level Land Directly South, Abuts Zoned And Serviced Industrial Land in Growing Alliston. Home of Honda And Provincially Designated Growth Area. Almost 2200 Feet Or Level Access To Main CPR Rail Line. Land To The North For Sale For $400,000 Per Acre. 3 Bedroom Farm House On Property Currently Tenanted. $1,999,000 2513_DJW_3_0046 Marc Ronan*** 1-888-936-4216
Hockley Valley! 78 acres planted w/apprx. 90% seedlings & 10% ready to harvest trees. 100 acres with building with hydro, planted w/apprx 70% seedlings & 30% ready to harvest trees. Potential to purchase both tree farms or purchase individually and build your custom home and potential income in beatiful Hockley Valley. Priced at $729,900 & $949,900, respectively. Marc Ronan***1-888-936-4216 2513_DJW_2_0063
State of the art kitchen area featuring all stainless steel appliances and accessories, industrial epoxy flooring, and large bay delivery door. Must assume lease with good terms and low rent. Great location, with easy access to all major roads and highways. $107,900 Leigh-Ann Caron* 1-888-943-0860.
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Rock Solid in Real Estate.
TM
* Sales Representative ** Broker *** Sales Representative/Owner **** Broker of Record
Š2013 BRER Affiliates Inc. An independently owned and operated broker member of BRER Affiliates Inc. Prudential, the Prudential logo and the Rock symbol are trademarks of The Prudential Insurance Company of America, registered in many jurisdictions worldwide. Used under license with no other affiliation with Prudential.
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Volume 13 Issue 07
45
Commercial Real Estate & Business Opportunities 11267153_2513 2113_DJW_3_0106
for sale
283 FRONTAGE ON YONGE ST.
26,000 sq ft building, minutes north of Newmarket on Yonge Street with 10 units, some vacancies, potential income $170,000, priced below market value. Needs TLC. Open to reasonable offers and seller will consider VTB. sellwithTom@rogers.com
ASKING $1,750,000
SellwithTom@rogers.com
121BridgeStreet.com
BAKER’S DOZEN
PANAGIO’S BREAKFAST AND LUNCH
BakersDozenForSale.ca
Asking Price $249,000
New concept with Busy location on McCowan/401. All Day Breakfast featuring Home Made Burgers & Poutine.Weekly sales over $13,500 avg. Join a great brand in the food business. Many workers in the area just Steps to Staples, Nissan, TTC, CN Rail, Hydro plant, thousands of cars a day at a signalized intersection. Buyer to receive 2 weeks training included in the sale of this business and Great sub lease terms. Please do not walk in and disturb Staff and ask if the Business is for Sale. All inquiries will remain confidential. Several locations under way in GTA. sellwithTom@rogers.com
PanagiosForSale.ca
Greater Toronto Area
Located at the Norwich Ave & 401, this business has been established over 25 years serving coffee to the Woodstock area. This Location has a busy DRIVE-THRU and averages $35K monthly sales. The Monthly rent is $5,000 incl HST. sellwithTom@rogers.com
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Asking $99,000 TURN KEY
CAll foR PRICE ANd dETAIlS
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ASKING $699,000.
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RESTAURANT/BAR 90 SEATS LLBO
Upscale restaurants FOR SALE: one with 90 seats and over 4000 sq feet in a busy mall in Mississauga Ontario, with exterior access and liquor licensed patio with wrought iron and 40 seats. The other restaurant has over 120 seats, a massive 6180 sq feet with an amazing Annual Sales increase of 9% month over month. This restaurant has an All Day Breakfast Menu, a large assortment of Lunch and Dinner cuisine featuring its famous selection of Crepes and Desserts. The concept has won franchise of the year award from the CRA 2012 Franchisees’ Choice Award Winner, presented by the Canadian Franchise Association. This operation requires an operator who is hands on, and also has a good command of management with a staff of 22-25 personnel. sellwithTom@rogers.com
SymposiumForSale.ca
Day Care Wanted Restaurants Wanted Medical Office Lease Office For Lease In Vaughan, King City, Richmond Hill, York Region primarily, prefer with the sale of the property.
Retiring? Call me today for planning to sell your building, business and commercial holdings.
I NEED SEVERAL Retail Spaces for Lease, for growing franchises, sizes from 12002400 sq feet and 3200-4900 sq ft Wanted for Restaurant users, flexible spaces wanted in GTA, prefer with some exhaust equipment and bathrooms in place. May consider restaurants willing to sell for equipment value and take over lease agreements.
Located in a medical complex, in Thornhill, at 7330 Yonge Street at Clark just north of Steeles with a nice lobby, elevator and wheelchair accessible, one office is 1085 sq ft with a reception and 3 separate rooms and sink stations in each. Asking $18/ sq ft plus TMI, call me today or visit
www.MedicalOfficeForLease.ca
Located in a medical Complex at 7330 Yonge Street & Clark in Thornhill, this office is 1785 sq ft located on a 2nd floor of a professional office building, will also suit medical user, dental, office, marketing, secured building call today. $18/sq ft plus TMI.
Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 07
11275474_2513
Leading Edge Realty Inc. Brokerage
Kim Chau Broker
416- 298-6000
416-298-6000
kim.f.chau@gmail.com STUDENT HOUSING/HOTEL 50+ Rooms. 3 storey building. Downtown location next to major indoor outlet mall. 3.5 hrs North of Toronto. Currently O/A student housing (96% occupied). Many uses including hotel, retirement and etc. Steps to Bus Terminal. Recently renovated rooms, baths, common areas and 3 kitchens. New furniture, WIFI, appliances. Potential for 3 additional rooms on main floor or convert area to breakfast/lounge. In house laundry room and original full commercial kitchen in basement. Elevator system in place (currently not used by operator). Private parking with additional adjacent City parking. 2.59 Mil. 2113_DJW_2_0017
10 ACRE ESTATE - HOmE BUSINESS
Greater Toronto Area
Great opportunity to live, work and play on 10 Acre country estate. Queensville sideroad, East Gwillimbury. Minutes from new 404 off ramp. Owner operated business on site: Bridal salon, storage facility and farm. Family residence includes 3+1 bdrm with many upgrades. 3 bedroom apt (salon) above 4 car garage (tandem). Separate 4000 sq.ft. workshop/storage and a separate barn, expansive driveway, fountain. Lots of parking. $1.25 Mil.
2113_DJW_0041
RESTAURANT BUSINESS - DOWNTOWN TORONTO
VICTORIA PK/FINCH RETAIL - SPACE FOR LEASE
Busy Queen West district. Corner location on Queen St. just west of Spadina Ave. Newly renovated with outdoor patio seating. Turn key business for sale. Licensed. Fish & chip inspired menu plus grill. Great opportunity to tap into bustling downtown hub night and day. Attractive lease. Equipment list available. Asking $188,000.
Busy established plaza location. High Density area. 1000 - 3200 sq.ft. available. Recently renovated and modernized. Ample parking. Minutes to DVP, Hwy 7. Steps to transit. $16/sq.ft. plus TMI and utilities.
2113_DJW_0042
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Volume 13 Issue 07
47
8147032_2513
Commercial Real Estate & Business Opportunities
FOR SALE OR LEASE - $1,990,000 LAKESHORE BLVD. W AT KIPLING 4,000 sq ft of warehouse, 1,440 sq ft retail/commercial, 1440 sq ft of apartment/retail for a total of 68,000 sq ft approx. Huge income potential or great owner occupied. Call for viewing 416-809-4670. 2513_DJW_0096
FOR SALE - CALEDON mOuNTAIN (OLDE BASELINE RD) - $1,999,000
11276591_2513
“Let MY Transform Your Dream Home Into Reality.” Heritage Group Ltd., Brokerage Each Office Is Independently Owned And Operated 7330 Yonge Street, Thornhill, ON L4J 7Y7 Tel 905.764.7111 Fax 905.764.1274
Email: info@mytran.ca
MY TRAN
EXIT 149 STORAGE - 2492 WEST SERVICE RD., WAUBAUSHENE, ON
1-888-440-4204 www.Exit149storage.com
FOR ALL YOUR NORTHERN STORAGE NEEDS! Multi-Unit Residential Rental Property Mortgage
Greater Toronto Area
Three houses. Income potetial of $45,000 to $60,000 approx. Two of the houses have 3 bedrooms with walkout. Oversize two car garage plus loft. Call for more information and viewing.
Sales Representative
905-660-3230
( Direct Line )
R
FO
S
0
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5 39
$
www.MYTRAN.ca
COMMERCIAL CONDO UNIT ON STEELES AVE WEST
VAUGHAN Steeles Ave West & Keele Rare Commercial Condos. Located Just Steps from the TorontoYork-Spadina Subway Extension Excellent Traffic. Great Opportunity To Own, For Investment & Leasing. TO VIEW CALL MY, 905-660-3230
OR
F
LE
SA
$
0
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5 77
6 Units
11 Units
68 Units
For fast turnaround time, please provide me with the following information
IMMACULATE 4 BEDROOM BUILDER’S MODEL HOME
• Rent roll according apartment size • The personal net worth statement • 2 years financial statement for corporate borrowers • What is included in the rent? • An income and expense statement on all of the borrower’s investment properties. Please call or e-mail me to get the whole application package
11265580_2513
Visit My Free Online Home Finder Website:
E AL
416 241 5248 Ext. 226
VAUGHAN Dufferin & Major Mackenzie Perfectly Situated 2700SF, Four Bedroom Builder’s Model Home. W/O To Large Patio Deck. Close by Schools, Transit & Shopping. TO VIEW CALL MY, 905-660-3230
SHIN KANG
SPECIALIZING IN FIRST-TIME HOME BUYERS - FULL SERVICE LISTING & SHOWINGS Not intended to solicit person under contract
11208873_2513
TD Canada Trust Business Advisor 416 919 2797 Shin-wook.kang@td.com
Please say you saw it in The Commercial Investor
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48
Volume 13 Issue 07
Commercial Real Estate & Business Opportunities
FREE 24-HOUR RECORDED INFORMATION POWER OF SALES & FORECLOSURES
Percy Fulton Ltd. Brokerage
SEAN ROLAND Real Estate Broker
1-800-872-3761 Including All Foreclosures & Power of Sales
9508003_2513
First Time Home Buyers & Real E Estate IInvestors
✓ Power of Sales, Foreclosures & Distress Properties ✓ Below Market Fixer-Uppers & Tax Sale Properties ✓ Below Market Rental Properties, Positive Cash Flow Properties ✓ Up to $25,000 Cash-Back at Closing & ZERO Down Mortgages
View Over 20,000 Homes For Sale Online
www.CanadaOnlineForeclosures.com
All Foreclosures View Over 20,000 Commercial Properties For Sale Including & Power of Sales
www.CanadaOnlineForeclosures.com
2513_DJW_1_0127
$ $ 957 ZE 21 /MO RO 2, N DO 90 TH W 0 N
3 BED DETACHED FAMILY HOME
FREE LIST OF DISTRESS PROPERTIES
Sean Roland Real Estate Team www.GtaPowerOfSales.com 1-800-872-3761 ID #2577669 FREE 24 HOUR INFO
ON M
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9/
N
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2513_DJW_1_0129
2513_DJW_1_0015
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4 BED 3 BATH DETACHED FAMILY HOME
Sean Roland Real Estate Team 1-800-872-3761 ID #2610402 FREE 24 HOUR INFO
Sean Roland Real Estate Team 1-800-872-3761 ID#2496117 FREE 24 HOUR INFO
Sean Roland Real Estate Team 1-800-872-3761 ID #2608579 FREE 24 HOUR INFO
N
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$3 686 7 /M RO 4, ON DO 90 TH W 0
Greater Toronto Area
$3 664 6 /M RO 9, ON DO 90 TH W 0
www.GtaDistressProperties.com 1-800-872-3761 ID #199222 FREE 24 HOUR INFO
N
Sean Roland Real Estate Team 1-800-872-3761 ID #2512656 FREE 24 HOUR INFO
W
3 BEDROOM DETACHED BUNGALOW
2513_MARCP_1_0003
2513_DJW_1_0017
ST A
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$ RT ZE 19 ING RO 9, FR DO 90 OM W 0
$8 $ 99 ZE 19 / M RO 9, ON DO 90 TH W 0 N
(Including: Toronto, Etobicoke, North York, East York, Mississauga, Brampton, Oakville, Milton, Richmond Hill, Vaughan, Woodbridge, Thornhill, Markham, Newmarket, Scarborough, Pickering, Ajax, Whitby, & Oshawa)
4 BED 3 BATH DETACHED HOME
3 BED DETACHED FAMILY HOME
3+1 DETACHED FAMILY HOME
Sean Roland Real Estate Team 1-800-872-3761 ID #2546350 FREE 24 HOUR INFO
Sean Roland Real Estate Team 1-800-872-3761 ID #2627700 FREE 24 HOUR INFO
Sean Roland Real Estate Team 1-800-872-3761 ID #2616942 FREE 24 HOUR INFO
WE WILL BEAT ANY BANK RATES GUARANTEED! Interest Rates as Low as
99% 2. How to Get the 3 Lowest rates in Canada FSCO License #10855
1-800-872-3761 FREE 24 HOUR INFO
✓ ZERO DOWN Mortgages ✓ 1st, 2nd, & 3rd Mortgages ✓ Bad Credit as low as 540 ✓ No Credit OK ✓ Self-Employed OK ✓ No Income Verification OK ✓ Refinance & Equity Take Out ✓ Debt Consolidations ✓ New Tax Deductible Mortgage ✓ Pay Off Your Home in 7 Years
We Work with Over 50 Banks, Trust Companies, Credit Unions, & Private Lenders
Please say you saw it in The Commercial Investor
COM_2513.indd 48
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Volume 13 Issue 07
49
Commercial Real Estate & Business Opportunities
FREE 24-HOUR RECORDED INFORMATION POWER OF SALES & FORECLOSURES Percy Fulton Ltd. Brokerage
SEAN ROLAND Real Estate Broker
1-800-872-3761 Including All Foreclosures & Power of Sales
9508017_2513
First Time Home Buyers & Real Estate Investors
✓ ✓ ✓ ✓
Power of Sales, Foreclosures & Distress Properties Below Market Fixer-Uppers & Tax Sale Properties Below Market Rental Properties, Positive Cash Flow Properties Up to $25,000 Cash-Back at Closing & ZERO Down Mortgages
View Over 20,000 Homes For Sale Online
www.CanadaOnlineForeclosures.com
All Foreclosures View Over 20,000 Commercial Properties For Sale Including & Power of Sales
www.CanadaOnlineForeclosures.com
N
$2 979/ 2 M RO 4, ON DO 90 TH W 0
2513_DJW_1_0001
N
$2 069 4 /M RO 9, ON DO 90 TH W 0
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$1
$2
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ZE
ZE 9 M RO 9, ON DO 90 TH W 0 N
Sean Roland Real Estate Team 1-800-872-3761 ID#189116 FREE 24 HOUR INFO
29 $1 2513_MARCP_1_3339
Greater Toronto Area
23
$1
ZE
LUXURY FAMILY SIZE CONDO
8/
N
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W
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8 /M RO 9, ON DO 90 TH 0
Sean Roland Real Estate Team 1-800-872-3761 ID#224113 FREE 24 HOUR INFO
www.GtaDistressProperties.com 1-800-872-3761 ID#199115 FREE 24 HOUR INFO
Sean Roland Real Estate Team 1-800-872-3761 ID#224114 FREE 24 HOUR INFO
2513_MARCP_1_3335
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ZE
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DOWNTOWN NEW LUXURY CONDO
Sean Roland Real Estate Team 1-800-872-3761 ID#249112 FREE 24 HOUR INFO
FREE LIST OF FORECLOSURES
BRAND NEW LUXURY CONDO
$ Y$ ZE 24 106 RO 9, 9/ DO 90 MT W 0 H
BRAND NEW LUXURY CONDO
ST A $1 RTIN ZE 9 G RO 9, FR DO 90 OM W 0 N
ZE
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$
N
$2 979/ 2 M RO 4, ON DO 90 TH W 0
Sean Roland Real Estate Team 1-800-872-3761 ID#224111 FREE 24 HOUR INFO
$8
DOWNTOWN NEW LUXURY CONDO
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ZE
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$
$1
N
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$ 069 ZE 24 /M RO 9, ON DO 90 TH W 0
$2 979/ 2 M RO 4, ON DO 90 TH W 0
(Including: Toronto, Etobicoke, North York, East York, Mississauga, Brampton, Oakville, Milton, Richmond Hill, Vaughan, Woodbridge, Thornhill, Markham, Newmarket, Scarborough, Pickering, Ajax, Whitby, & Oshawa)
DOWNTOWN NEW LUXURY CONDO
LUXURY DOWNTOWN NEW CONDO
DOWNTOWN NEW LUXURY CONDO
Sean Roland Real Estate Team 1-800-872-3761 ID#249117 FREE 24 HOUR INFO
Sean Roland Real Estate Team 1-800-872-3761 ID#299118 FREE 24 HOUR INFO
Sean Roland Real Estate Team 1-800-872-3761 ID#249119 FREE 24 HOUR INFO
WE WILL BEAT ANY BANK RATES GUARANTEED! Interest Rates as Low as
99% 2. How to Get the 3 Lowest rates in Canada FSCO License #10855
1-800-872-3761 FREE 24 HOUR INFO
✓ ZERO DOWN Mortgages ✓ 1st, 2nd, & 3rd Mortgages ✓ Bad Credit as low as 540 ✓ No Credit OK ✓ Self-Employed OK ✓ No Income Verification OK ✓ Refinance & Equity Take Out ✓ Debt Consolidations ✓ New Tax Deductible Mortgage ✓ Pay Off Your Home in 7 Years
We Work with Over 50 Banks, Trust Companies, Credit Unions, & Private Lenders
Please say you saw it in The Commercial Investor
COM_2513.indd 49
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50
Commercial Real Estate & Business Opportunities
Volume 13 Issue 07
Greater Toronto Area 8647857_2513
Please say you saw it in The Commercial Investor
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Volume 13 Issue 07
51
Commercial Real Estate & Business Opportunities 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. Next to: 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
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FOR LEASE - 120 INDUSTRY ST, TORONTO 17,000 - 55,787 sq.ft. warehouse space including 4,600 sq. ft. of A/C office space. Excellent location just off Black Creek drive near Eglinton. Minutes to Hwy 400 and Hwy 401. Extremely low TMI. 15’ clear ceiling height (up to 20’). Bay size is 50’ by 30’. 6 truck level doors and 1 drive in door, ample turning radius. Fenced in compound. Saw-tooth roof provides plenty of natural light; usually no need for the warehouse lights. Across the street from TTC bus garage. Excellent transportation and access to great labour pool. $3.95/sq ft net + $1.82/sq ft TMI. MLS# W2577806 2513_DJW_1_0013
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 designations (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. (combined County and Municipality). $2,600,000 ($30,000/acre) See: www.primrosebusinesspark.com
BARRIE - RETAIL PLAZA FOR SALE OR LEASE
8,690 sq ft with 7,440 vacant sq ft retail space on main level, currently divided into 4 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 Streets, regular service by several Barrie Transit routes, 400 metres to Allandale Waterfront GO Train Station. Two-bedroom apartment on second floor for an additional 1,250 sq ft of space. For Lease - $8.95/sq ft net with low TMI of $3.40/sq ft. 7,440 square feet available, divisible as small as 1,140 sq ft. MLS# X2525987 For Sale - $999,000. Buy it for your business, or lease it and increase the value. MLS# X2627019 2513_DJW_0015
Greater Toronto Area
MLS# X2589650
2513_DJW_1_0014
BRACEBRIDGE DEVELOPMENT LAND For Sale - 11 Acres of Special Purpose Commercial land in Bracebridge, Ontario; The heart of the Muskoka District. Uses allow for most commercial/retail, automotive retail, service station or gas bar, restaurant, or hotel/motel (2011 study encourages hotel/convention centre). Located near downtown Bracebridge and Nipissing University, adjacent to a Smart Centre commercial hub that includes Wal-Mart, Boston Pizza, Tim Hortons, Subway, and Home Depot; this property is a prime location for development, with 1500 sq. ft. of Highway 11 frontage. See: www.bracebridgeforsale.com 2513_DJW_1_0016 MLS# X2617755
RETAIL STORE FOR LEASE - 2575 VICTORIA PARK AVE. For Lease: 1500 sq. ft. of retail space in high traffic plaza with TD Canada Trust anchor located at Victoria Park and Sheppard. Approx 40,000 vehicles pass this plaza every day on Victoria Park. Available July 1st, 2013 at $29.95/sq. ft.
MLS# E2638297
2513_DJW_2_0017
905.882.8800 Pierre Boiron
Claude Boiron
Sales Representative
Broker
pierre@rementor.ca
TERREQUITY REALTY, BROKERAGE Independently Owned and Operated
claude@rementor.ca 11275155_2513
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52 businesssavvy
Commercial Real Estate & Business Opportunities
Volume 13 Issue 07
First steps to starting a small business What do entrepreneurs look like?
T
he right attributes, a good
By George Grignano and Will Townsend
idea, a plan to make it work and a way to finance
your business is the formula to be followed to become successful. Here are some considerations: What do Entrepreneurs Look Like? Before you start your own business, be sure you have the personality traits that successful entrepreneurs display. The familiar characteristics of a successful entrepreneur include: Optimism – entrepreneurs focus on solutions not problems Passion – the quality that fuels their business and their personal lives Persistence – entrepreneurs keep going in times of adversity and stay focused on the end goal Flexibility – the ability to adapt to a changing environment Education – not formal education but a desire to learn and a drive to improve Focus – entrepreneurs focus on the big vision and recognize that short-term wins, although important, must add to long-term success.
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Volume 13 Issue 07
Commercial Real Estate & Business Opportunities
Generating A Business Idea If this sounds like you, the next step to setting up your own business is to identify a gap in the market that your product or service will exploit. This is easier said than done and can be the toughest part of setting up your own business. To do this, ask yourself some searching questions. What services or products are missing from the market? Could you invent a new product? What do you dislike about existing products and services? Could you improve them? Using your own life experiences to inspire your ideas can help you spot business opportunities. This will also make you passionate about your product as you will be able to see and sell the benefits. Remember passion is one of the key characteristics of a successful entrepreneur. Turning Your Idea Into A Strategic Plan Studies show that a significant amount of new businesses with no business plan fail within the first two years. The adage is true: fail to plan and you plan to fail. Your business plan reflects how you see your business developing and maps out how you intend to drive your business forward. Your plan should set out your product, your intended market, and your key financial targets such as projected sales and profits. Financing Your Plan Your plan should also show the seed capital you need to start up and your day-to-day working capital requirement. It is vital that your assumptions and estimates are accurate and reasonable. Do this and you will be able to foresee any problems and resolve them before they happen. A robust business plan allows you and potential investors to see how your business may perform in the future. Here are some ways for you to finance your business:
53 businesssavvy
Before deciding on your structure, you should have answers to these questions: ~ Is it important that you limit your personal liability? ~ Does your business need to meet any regulatory requirements that may have a bearing on your business structure? ~ How important is ease and set-up cost? One structure may be easier, quicker and cheaper than another. ~ Do you have an exit plan? If so, consider how the structure choices impact on your plan. The tax and accounting requirements you have to meet will depend on where you operate. Also depending on where you operate there may be government tax incentives so be sure to investigate this. Wherever you are and whatever your business, choosing how to structure your business is an important decision. It is worth seeking professional tax and accounting advice to help you make the right choice. Becoming a successful entrepreneur isn’t easy. Most successful people will tell you there is no right or wrong way and that to be successful you must be willing to fail. If you have the right entrepreneurial characteristics, the right idea and structure your business the right way, you’ll stand a good chance of succeeding.
~ Investigate any government support such as grants or loans. ~ Borrow money from a bank or other lender. ~ Ask for help from friends or family. ~ Look at equity finance, where you raise money from external investors in return for a share of your business. These investors will usually be venture capital firms or business angels. ~ Consider bootstrapping, a way of starting a business without external finance. This method is more strategic and focuses on creating cash flow, minimizing expenses and reinvesting profits. Structuring Your Business
George Grignano, CA, is a Partner at KRP Kestenberg Rabinowicz Partners LLP. www.krp.ca, Accountants For Entrepreneurs in Markham, ON. Will Townsend, CA, is Senior Audit Manager with Cooney Carey in Dublin, Ireland.
How you structure your business will depend on what it is, how you finance it, and your long-term business goals. It will likely be a sole proprietor, partnership, franchise or corporation.
Both Firms are members of Russell Bedford International, a global network of independent firms of accountants, auditors, tax advisers and business consultants with offices in over 80 countries.
Please say you saw it in The Commercial Investor
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Volume 13 Issue 07
Commercial Real Estate & Business Opportunities
8975448_2513
Greater Toronto Area
GREAT OPPORTUNITY TO OWN A RETAIL/VARIETY STORE + A 3 BDRM APARTMENT ABOVE! APPROX 3,360 SQ FT TOTAL (STORE IS ROUGHLY 1,900), STOCK IS NOT INCLUDED IN THE SALE!
2513_DJW_2_0048
$319,000
GREAT OPPORTUNITY TO OWN A VERY BUSY MEDITERRANEAN RESTAURANT! GROWING FRANCHISE, LOW 2% ROYALTY, TURN-KEY OPERATION, GROSS ANNUAL SALES OF 600K, ALL EXISTING EQUIPMENT INCLUDED, SELLER WILLING TO TRAIN, LLBO LICENSED! 2513_DJW_0022
$399,900
BRAND NEW 1,535 SQ FT UNIT IN NEWLY DEVELOPMENT PLAZA! TONS OF PARKING, EXCELLENT EXPOSURE! IDEAL FOR PROFESSIONALS & SMALL BUSINESS OWNERS!
2513_DJW_2_0046
$460,000
2513_DJW_1_0070
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Sam McDadi Real Estate Inc., Brokerage
2513_DJW_0025
$100,000 ONE OF THE BUSIEST ENTERTAINMENT COMPLEXES IN MISSISSAUGA! 1200 SQ FT RESTAURANT, $4900/ MONTH RENT INCLS TMI, APPROX 240 K IN YEARLY SALES, SURROUNDED BY HOTELS, OFFICES, MOVIE THEATRES & WORLD CLASS GYM!
2513_DJW_0024
$150,000 RARE OPPORTUNITY TO OWN A TOP PERFORMING FRANCHISE! STRONG, LOYAL CUSTOMER BASE, LOW OVERHEADS, VERY PROFITABLE WITH GOOD GROWTH POTENTIAL, COMPLETE TURN-KEY OPERATION, CAR DETAILING/CLEANING BUSINESS!
2513_DJW_0023
$299,900 RARE OFFERING! ONE THE LONGEST RUNNING INDIAN RESTAURANTS IN THE CITY! SAME LOCATION FOR OVER 2 DECADES, ESTABLISHED CLIENTELE, GREAT TURNKEY OPERATION, OWNERS ARE RETIRING & WILLING TO TRAIN, GROSS OVER 300 K YEARLY, LEASE EXPIRES IN 2015 WITH AN OPTION TO RENEW FOR 5 MORE!
$99,500 GREAT OPPORTUNITY TO OWN AN EXCELLENT TAVERN/PUB! ESTABLISHED OVER 12 YEARS, FULLY LICENSED PATIO WITH 33 SEATS & 72 MORE INSIDE, SERVES BREAKFAST, LUNCH & DINNER, LEASE EXP IN 2015 WITH AN OPTION FOR 5 MORE, $4057/MONTH GROSS RENT + TMI, WATER & HST!
$80,000 EXCELLENT OPPORTUNITY TO RUN YOUR OWN CONVENIENCE/VARIETY STORE! BUSY NEIGHBOURHOOD & PLAZA, APPROX 1,600 SQ FT OF SPACE, 8-9K WEEKLY SALES, $3,200 MONTHLY RENT, 3 YEAR LEASE AVAILABLE WITH OPTION FOR 5 YEARS, HUGE POTENTIAL TO GROW!
$74,999 SITUATED IN A BUSY CORRIDOR OF BRAMPTON! DOLLAR STORE WHICH COMES FULLY EQUIPPED WITH AN ATM & LOTTO STALL! UPG SHELVINGS, COUNTER & NEW SECURITY CAMERAS! PERFECT FOR THE FAMILY RUN BUSINESS! PURCHASE PRICE DOES NOT INCL THE INVENTORY!
Please say you saw it in The Commercial Investor
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Gyanesh Paliwal
Gurdeep Sandhu
Realty Specialists Inc. Brokerage An Independent Member Brokerage
Gpaliwal@trebnet.com RealValueHome.com
6850 Millcreek Drive Mississauga, ON L5N 4J9 Office: 905-858-3434
416-823-1248
gssandhu@rogers.com gurdeepsandhu.com
647-262-9091
COMPUTER REPAIR SALE OF BUSINESS ASKING $119,000 ARGENTIA/WINSTON CHURCHILL Excellent opportunity to own a running profitable computer/electronic sale/service and repair business. A very busy and excellent location in a plaza on corner of Argentia Rd/Winston Churchill, other anchor tenant are Moxies, Future Shop, Starbucks, RBC and others. A very - very low monthly rent. A profitable business with low overheads and tons of potential to expand with other similar premissible uses. 2513_DJW_0044
INDUSTRIAL SUB-LEASE ARGENTIA/WINSTON CHURCHILL
KITCHEN CABINETRY BUSINESS FOR SALE ASKING $149,900
Greater Toronto Area
Great opportunity to sub-lease industrial unit with office area. Total space around 4072 sq feet. Approx. 30 percent office in business park area. Located in close proximity to Hwy 401/403/QEW. Asking 7.25 per sq ft.
Fully equipped Cabinet Manufacturing Business for sale. Over 250K spent to set up the shop at 5800 sq ft area. New lease at Buyer’s Wish to be provided. Present rent $3547 that included TMI and water. Owner will train new buyer.
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INDUSTRIAL CONDO AUTOMOTIVE USE FINCH/HWY 400 ASKING $799,000
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COMMERCIAL/RETAIL/OFFICE SPACE FOR SALE $960,000 3200 sq. ft. retail/commercial/office space right on 3300 Steeles Avenue West in Vaughan, On. In busy plaza located beside McDonalds and Tim Hortons. Lots of parking. Facing Steeles. Great frontage and signage. Back door entry available. Suitable for retail, professional, offices, medical, showroom, etc. Close to Highway 400 and 407. Steps to new Subway Station, York University and minutes from Colossus and Vaughan Mills Shopping Malls. MLS # N2521390. Agents are welcome.
A great opportunity for User/Investor. Total 6 bays converted presently to 4 Bay unit, 3 leased out generating gross income of $73,200/ yr approx from three leased units. Buyer can assume profitable autobody business or lease and get more income. Owner retiring. Turn key operation. Automotive equipment available at extra cost ($60,000 negotiable). 2513_DJW_0045
ESSO GAS STATION FOR SALE NIAGARA REGION - ASKING $619,000
Great opportunity to be your own boss. Esso Gas Station with convenience store, Lotto/649 with three bedroom house. Corner property close to Hospital and inside community area. Approx income 90K plus/ year after all expenses, fibre glass tanks, 2 pumps. 2513_DJW_2_0066
2513_DJW_2_0065
RETAIL/OFFICE CONDO FOR SALE $479,786 1247 Sq Ft. in Vaughan, ON - at Hwy 7 & Weston Road prime location, prestigious Plaza with 18 ft clear height, condo unit - excellent for retail/office or suitable for many other uses. This is the high demand & most growing area of Vaughan. Minutes from Hwy 7, 400, 407, Tim Hortons, Petro Canada, Shopping Centre. New Subway coming in near area. Agents also welcome.
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Commercial Real Estate & Business Opportunities
BALJIT SINGH DHALIWAL BROKER/OWNER
PLAZA IN GTA
PLAZA IN GTA
Independently Owned and Operated
Office: 416.288.0800 Toll Free: 1.877.288.0884
ESSO ON THE RUN
ASKING $11.9 MILLION
ASKING $21 MILLION
... with Good Tenant and good cap rate. Prime location with land stretching over 2 Acres. Fully leased with long leases.
Land stretches over 6 Acres with good cap rate and good tenant.
with Tim Hortons Drive Thru Paying $125K rent/year Potential to add coin car wash and 1,200 sq feet per each floor of a two story building.
ASKING $4.6 MILLION
PETRO CANADA WITH TENANT
ULTRAMAR GAS STATION
ULTRAMAR GAS STATION
ASKING $499,000
ASKING $4.6 MILLION
Greater Toronto Area
baljit.dhaliwal@century21.ca www.baljitdhaliwal.com
2006 OFFICE 2007 2011 2008 2012
8116291_2513
Dir: 416.994.2300
New Star Realty Inc., Brokerage
ASKING $4.5 MILLION
Petro Canada sale of Business West of GTA gas volume over close to 5 millions, Store sales $730,000 Lotto commission $13,000, ATM $12,000. Net Profit $152,000 and Asking Price $499,000 With Long Lease.
with Tim Horton Tenanted and car wash Projection Sales $13 Million. Gas volumes over $10 Million. Great net income.
Store sales about $800,000 Gas volumes 13 Million. Tim Horton approved site. Two freestanding building fully leased over 4 Acre land
SHELL GAS STATION
BRAND NEW SHELL
FULLY RENOVATED COMFORT INN
ASKING $4.7 MILLION
ASKING $4.2 MILLION
ASKING $5.9 MILLION
with Tim Horton 2 Locations Available.
with Car Wash, Coin Car Wash, Separate Diesel, Propane Land over 25 Acres.
in the GTA 80 Rooms Great room revenue and growing.
For many more Gas Station, Plaza and Hotel listing details please call Baljit Singh Dhaliwal (Real Estate Broker/Owner) @ 416-994-2300. Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
hazardous and liquid waste removal labpacking
supplies
tanks
roll-offs
Packing small bottles for safe transport
10L, 20L, 205L, 1000L totes plastic or steel
Vacuum truck services to empty tanks or totes
For contaminated soil or solid hazardous waste
animals Removal of animal feces / excrement 11268800_2513
onsite services moVing
recycling
powerwashing
Chemical packing and transport to new location
Oil Metals Fluorescent Tubes
Chemical Spills Tank Cleanouts Confined Space
owl environmental inc. 905-637-2104
EXIT REALTY HARE (PEEL) Brokerage
11252945_2513
Greater Toronto Area
Servicing the Environmental Needs of Canadians for over 20 years. Visit us at: www.hazdepot.com
INDEPENDENTLY OWNED & OPERATED
905.451.2390 I 1.866.297.3948 Stephen Dignum
Eugene Dignum
SALES REPRESENTATIVE
SALES REPRESENTATIVE
3 BEDROOM DOWNTOWN
NEW EXCLUSIVE
In the heart of Downtown Brampton. A stone’s throw to new Hospital, Zum Transit, Schools, Downtown amenities. Extra deep lot 40’ x 264’, furnace 2012, deck 2012, shed 2012, roof approx. 5 yrs. old. Part fin. bsmt. with new windows. Gas stove, BI d/washer, CAC, vendor very flexible.
MAKE AN OFFER
EXCLUSIVE LISTING:
2513_DJW_4_0012
Rare 2 acre parcel. Corner property on Hwy 10. Minutes north of Brampton. Town water and gas. Commercial property on adjacent corner. 2513_DJW_0080
APPROX. 101 ACRES
Approx. 50 acres of land in the official in the Mayfield West Plan. Corner plan. One of the last large parcels property. Easy access to the 410 Hwy available. VTB available with reason- - just 5 minutes away. able terms.
STEELES AVE./MISSISSAUGA: Last remaining 1.87 acre parcel with Office Centre Commercial Designation. Asking $2,100,000.
Please say you saw it in The Commercial Investor
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59
Greater Toronto Area
11276658_2513
Volume 13 Issue 07
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Givalas Real Estate 8973548_2513
Brokerage
Nick Givalas Broker of Record
ltd.
(905) 479-4436
email: ngivalas@trebnet.com
2113_DJW_0075
2113_DJW_0031
INVESTMENT PROPERTY FOR SALE DEVELOPMENT SITE FOR SALE
Freestanding building. Approx. 4,000 sq ft on about 1 acre of land in prime downtown Ajax. Room for expansion. Restaurant tenant pays $6,400. Per month net rent. Good investment opportunity! Serious inquiries only.
Vacant Commercial Land for sale on the main street in Fenelon Falls. Just under once acre, zoning permits many uses. Ideal site in town for someone to build a strip plaza. Or other New development. This property can be purchased with ajoining property for an even larger development for a total of 1.37 acres of land.
PRiCE $419,900 2113_DJW_1_0021
Greater Toronto Area
2113_DJW_0032
INVESTMENT PROPERTY FOR SALE IDEAL FOR OWNER/USER OR INVESTOR
Free standing building approx. 2800 sqft. Leased to a restaurant in Fenelon Falls. Main street location. Approx. 15 minutes North of Lindsay, Ontario. Rare opportunity to buy a carefree single tenant investment like this one. $36,000 net rental income. Good investment opportunity for someone to buy and collect rent. Low realty taxes $5200/pyear. On sewar & town water.
Freestanding building for sale on Highway 35 as you are coming into Lindsay on the East side. Former restaurant. Main level approx. 7400 sq. ft. Upper floor has two apartments 1 3- bdrm and 1 2- bdrm for tenant use or sublet to offset expenses. Building is in good shape. Ample paved parking. On 5.5 acres of land. Highway Commercial zoning permits. Many uses for opening a business.
FOR SALE AT $785,000
PRiCE $499,900 ALSO FOR LEASE AT $5,500/MONTH NET NET
CommerCial spaCe for lease
245 King Street West Oshawa (corner of Park Rd) 21 Harwood Ave S., Ajax Stores 2400-4216 sq. ft. in size. Rent from $13-$15 per ft Corner unit in plaza. Ample parking. 2200 sq ft. Asking net. Teddy’s Park Plaza. $18.00 per sq ft. net. 160 Main St., Unionville Former Hair Salon and Spa 1500 sq. ft. freestanding Building. 28 car parking. Good opportunity. Mississauga Prime Location Highway 10 & QEW. 2090 Hurontario Street 2nd floor 3027 sq. ft. office space $15 per ft net 1608 Dundas St. E., Whitby Freestanding Building for Lease 6000 square feet Plus 2000 sq ft Patio. Prime Restaurant Space.
110 Ritchie Ave Ajax. Westney and 401. 760 sq ft. store in plaza. $18 per sq ft net. SE Corner of Gerrard St E & Logan, Toronto Corner store 1000 sq ft + basement $2500. p/mnth net rent. 959 Pape Avenue, Toronto Store 960 square feet plus basement. Rent $2185 per month plus utilities.
Contact Nick Givalas Please say you saw it in The Commercial Investor
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61
速
Greater Toronto Area
11274591_2513
GROUP
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
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62 inthenews
Commercial Real Estate & Business Opportunities
Volume 13 Issue 07
Mountaineers prove that banking with Standard Chartered is possible even at the top of the world
T
wo mountaineers have set a world record by being the first to use a mobile banking app on Mount Everest. Climbers Horacio Galanti, from Grande Prairie in Alberta, Canada, and Horacio Cunietti, of Mendoza, Argentina, achieved the feat using Standard Chartered Breeze mobile banking apps during their expedition to summit the highest peak in the world; an altitude of 8,848 metres above sea level. Coinciding with the 60th anniversary of the first ascent of Mount Everest by Sir Edmund Hillary and Sherpa Tenzing Norgay on 29 May 1953, the two Horacios are aiming to climb into the Guinness Book of World Records. In a series of firsts for banking, they have successfully traded shares with Breeze Trade and conducted funds transfers with Breeze Banking at Everest Camp 3 located at 6,500 metres then confirmed their bank account balances with Breeze Balance at Everest Camp 4 located at 8,000 metres.
These achievements come after they made history earlier in their journey with the world’s first stock trade for 50 Standard Chartered shares (2888.HK) at the Mount Everest South Base Camp at 5,364 metres using the Breeze Trade app. Apart from proving that with Standard Chartered Breeze, banking is possible anywhere and anytime, the duo are also serving an environmental purpose by helping in the restoration of Mount Everest by recovering debris left behind by other expeditions over the decades. Mr. Aman Narain, Standard Chartered’s Group Head of Digital Banking, based in Singapore, said:”This challenge really shows how far mobile technology has come, in that it’s possible to bank anytime, even from the most extreme locations on the planet. Breeze mobile banking apps were developed in Singapore and now they’ve reached the top of the world. We’re incredibly proud of our two Horacios for their epic achievement and for truly going Above and Beyond. At Standard Chartered, we are committed to pushing the boundaries of great experiences in banking and there aren’t many more challenging environments than Mount Everest.” Mr. Ashley Veasey, Standard Chartered Hong Kong’s Chief Information Officer, said: “Our mountaineers capture the spirit of Standard Chartered’s brand promise, Here for good. The world’s highest banking transactions on Mount Everest including the first ever stock order at Base Camp for 50 Standard Chartered shares (2888:HK) from the Hong Kong Stock Exchange symbolises the
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Commercial Real Estate & Business Opportunities
Bank’s innovation leadership to go above and beyond customer expectations. We congratulate our two Horacios, wish them a safe trek down the mountain and look forward to welcoming them back in Hong Kong where they first commenced their journey.” Mountaineer, Mr. Horacio Galanti, said: “I’ve been mountaineering for more than 23 years and this expedition has been the realisation of a lifetime ambition for me. On our journey we experienced ice, snow, moving glaciers, hurricane force winds and temperatures that dipped to -40 degrees Celsius. I’m proud to be associated with Standard Chartered and to have made history with this mobile banking breakthrough. I was amazed at how resilient the Breeze application was. Not many people can say they have been able to do their banking on the highest mountain on earth!” Standard Chartered has been digitising its banking services to deliver innovations which address the needs of its globally connected, socially networked customers who are on-the-go. The Bank’s suite of banking and lifestyle apps, including Breeze Banking, Breeze Home, Breeze Good Life and Breeze Trade, provide a differentiated mobile banking solution to customers. More than 1 million users around the world have downloaded Breeze.
63 inthenews
Find out more about our mountaineers and follow the progress of this epic journey to summit Mount Everest: • Blog: www.Breeze.standardchartered.com • Twitter: @stanchartbreeze #AboveandBeyond • Facebook: www.Facebook.com/standardchartered • The mountaineers’ bios can be viewed at: www.standardchartered. com/breeze-blog/the-climbers.html Digital Media Partner: www.DigitalArtsNetwork.com
Standard Chartered - leading the way in Asia, Africa and the Middle East Standard Chartered is a leading international banking group. It has operated for over 150 years in some of the world’s most dynamic markets and earns around 90 per cent of its income and profits in Asia, Africa and the Middle East. This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank’s growth in recent years. Standard Chartered PLC is listed on the London and Hong Kong stock exchanges as well as the Bombay and National Stock Exchanges in India. With 1,700 offices in 70 markets, the Group offers exciting and challenging international career opportunities for 87,000 staff. It is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. Standard Chartered’s heritage and values are expressed in its brand promise, ‘Here for good’. For further information please visit www.standardchartered.com. Follow Standard Chartered at www.facebook.com/standardchartered and on Twitter @StanChart.
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Volume 13 Issue 07
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
central ontario COverINg: Barrie • Collingwood • Muskoka • North Bay • Kawartha Lakes Midland • Meaford • Paisley • Parry Sound • Orillia Owen Sound • Sudbury • Walkerton For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
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Volume 13 Issue 07
65 9857729_2113
Commercial Real Estate & Business Opportunities
1-866-557-1110 705-647-1110
Bill Byers, Sales representative Perry Wuest, Sales representative bill-byers@coldwellbanker.ca
2513_DJW_0018
www.temiskamingrealty.com
perry-wuest@coldwellbanker.ca 2113_DJW_3_0012
brokerage New Liskeard, Northern ontario
2113_DJW_1_0400
temiskaming realty ltd.,
WHAT A TREMENDOUS OPPORTUNITY!
2513_DJW_1_0054
GAS STATION BUSINESS
Three locations including 2 gas stations with C-Store, Coffee Shops, etc. One with car wash, bait shop, & owner’s apartment. 3rd location for propane exchange distribution centre. Over 7.6 M in sales per year. Haileybury. Call Bill for more details. MLS 130792. $3,250,000.
NEW PRICE $189,900
Central Ontario
ASKING $160,000
ASKING $3,250,000
2113_DJW_2_0025
E IC PR 000 W 0, NE $14
ENGLEHART Large store downtown with 5700’ sq’ solid block building. Many updates including heating & A/C system. Currently rented. Great investment or potential. Building & land only. Call Bill. MLS 130696 $295,000.
2513_DJW_1_0076
PRIME LOCATION Retail service, fuel, & more at the main corner in town overlooking the Beautiful Montreal River. Lots of potential to use this property for a variety of uses. Busy Mining, Forestry, & Tourist Area. Elk Lake. $160,000 MLS 120066. Call Bill.
FREE BUILDING With the purchase of this Earlton lot for only $54,900. 3600 sq’ plus garden centre sq’ downtown corner lot with lots of potential. Call Bill. MLS 102746
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WATERFRONT LOTS Long Lake, 25 miles of excellent boating, fishing & hunting. Approx. 3 acres each with road access. Financing available with low down payment or rent to ownt. Unorganized Township near Charlton. $59,900 each. MLS 112047. Call Bill.
2113_DJW_0052
The Cobalt Train Station is the most historic building currently for sale in Canada! This building cannot be rivalled in terms of architectural design and strength of character. The nearly 6000 square feet offers sweeping, wide open spaces with lavish amounts of natural light and uninterrupted viewscapes. The municipality has updated this building through the years with the replacement of the roof shingles being last year. Please call Perry for more information and a viewing of this magnificent building. Asking $264,000. Call Perry. MLS 1311112.
MARCO’S
BLACK BEAR INN Just redone throughout. 7 private rooms with 3 pc baths, new furniture & freshly decorated. Upstairs could be Owner’s apartment. Coffee nook with patio doors to the deck overlooking the Town of Larder Lake. Plenty of parking & convenient Hwy location. Asking $189,900. MLS 130201. Call Bill.
E IC PR 900 W 9, NE $19
2113_DJW_0051
2513_DJW_0019
HOTEL Large bar/restaurant licensed for 206 people with 36 person patio. 2 bedroom apartment & 9 hotel rooms upstairs. Full basement, lots of parking. Busy main corner in Earlton. Many recent updates. Asking $249,000. MLS 122025. Call Bill
2513_DJW_1_0416
Very popular Dairy Bar/Burger place for sale! This business comes fully equipped and ready for the upcoming season. Fantastic in a part of town with high foot and vehicle traffic. Super close to board walk and fair grounds. Comprising two lots with outdoor deck and picnic bench seating. Full dairy bar, grill, fryers, pizza oven and ample refrigeration included in this price. Make an offer and buy yourself a business! Call Perry. MLS 130741. $160,000.
REMARKABLE RIVERFRONT!
Remarkable Riverfront! Over 2,600 feet of Montreal River frontage with this 212 acre property just 25 minutes from New Liskeard. Township road with hydro & phone runs through the property. North part of property currently undergoing a selective cut. Call today for more details and a viewing of this outstanding property. Asking $289,000. Call Perry. MLS 131160.
GENERAL STORE
Excellent turn key business & home. Rural opportunity on Hwy 65 W in Kenabeek, Gas station, C-Store, Lotto, LCBO, Bait, Bottle Return, Post Office, Garage & sheds & a large 5 bedroom apartment. Lots of parking on this 1.47 acre property. Asking $295,000. MLS 130417. Call Bill.
WELL ESTABLISHED RETAIL Located in the busiest section of the picturesque Town of Haileybury. Solid numbers generated out of a solid building. Asking $249,000. MLS 112207. Please call Perry for more.
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Volume 13 Issue 07
10102019_2513
INVEST IN COTTAGE COUNTRY
www.westandcentre.com
BE SEEN IN THE LIMELIGHT! Highlight your hot, new and unique listings. Feature 2 properties and your agent photo in a full colour quarter page ad.
Reserve your space today! 416-784-5060.
TWO 4 PLEX UNITS WITH GOOD INCOME Looking for a good investment - total of 8 2 bdrm units ten parking spots, EBB heat, hydro paid by tenants. Walking distance to everything in center of Huntsville. $799,000. mcgrath@muskoka.com 2513_DJW_0029
Central Ontario
Please say you saw it in The Commercial Investor
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67
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
eastern ontario COverINg: Lindsay • Peterborough • Port Hope • Bowmanville • Cobourg • Trenton • Belleville • Kingston • Northeastern Ontario For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
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8305397_2513
“Your Commercial Connection in Eastern Ontario” www.cbcommercial.ca
Jamie Troke, CCIM Broker of Record jtroke@reach.net
613-969-9901
ASKING PRICE $825,000 - 10% CAP RATE
TURNKEY BUSINESS OPPORTUNITY
Includes leased Restaurant, 2nd floor has 6 newly renovated - 1 bedroom residential apartments PLUS 79 self-storage units! Additional office and service bay space for lease. Call Jamie Troker, Broker for further details. MLS #2133917. www.112southtrent.com 2513_DJW_0111 2513_DJW_0110
Bridal business established for 20 years. Includes goodwill and equipment. Inventory sold separately. $25,000. Also available for sale 1000 sq. ft. condo unit in busy commercial plaza $122,900. Call Toni Troke, Sales rep. 613-9692513_DJW_0109 9901 for further details. MLS #2133236/2133919.
COMMERCIAL BUILDING
6 PLEX - GREAT DEAL!
WALLBRIDGE ROAD 6.3 ACRES POWER OF SALE
8500 sq. ft. commercial building on corner lot. New roof in 2011. Great location for Medical Clinic, Retail Store, Auto Repair, Professional Office Building. Currently used as auto repair. 2513_DJW_2_0108
Act fast on this 6 plex, 3-2 bedroom and 3-1 bedroom units. Updates include new roof, paint and decks. Hot water gas boiler separate meters tenants pay own utilities. 5 min walk to all immenities. $358,000 2513_DJW_1_0116
City water. One minute to HWY #401. Cell Tower leased for $1,000 per/month. Great location for commercial or development.
DEVELOPMENT OPPORTUNITY
11 ACRE/36 LOT SUBDIVISION WITH APPROVED DRAFT PLAN
SAND CHERRY COURT
Approx. 6.2 acres. Fully serviced parcel includes municipal water & sewer. Adjacent to Mcdonald’s Restaurant to be built this year. One of Canada’s busiest highway intersections. www.Mcdonaldssquare.com - Sales Rep Bill McGuire.
We are looking for investors who are interested in minimizing their capital risk plus make a great returns. Asking $475,000 for 11 acres draft plan approved - up to 44 acres available. www.weatherstoneestates.ca
Located off Palmer Road in Belleville - site potential for 39 lot townhouse subdivision. Services available at lot line Asking price - $375,000 visit www.sandcherrycourt.com. Contact Jamie Troke or Gerry Gill. 2513_DJW_1_0111
UNION SQUARE
INVESTMENT PROPERTY
COMMERCIAL BUILDING
2 acres. R6 zoned excellent site for 69 unit apartment building. www.240yeoman.com
Great family turnkey with excellent potential. 96 seat country style restaurant located on picturesque 1.25 acre lot with year round creek. Lots of parking. Business includes good will, all equipment and signage. $424,900. Call Bill McGuire, Sales Rep.
8500 sq. ft. commercial building on corner lot. New roof in 2011. Great location for Medical Clinic, Retail Store, Auto Repair, Professional Office Building. Currently used as auto repair. 2513_DJW_3_0108
QUINTE MALL FOOD COURT
GRANITE COUNTER TOP BUSINESS
2513_DJW_1_0113
POWER OF SALE
ASKING PRICE $475,000
2513_DJW_1_0144
2513_DJW_2_0140
POWER OF SALE
Eastern Ontario $475,000
2513_DJW_4_0106
REDUCED $1.9 MILLION
Excellent investment opportunity. 32,500 s/f office building located in Belleville’s downtown core. CAP rate 9.5%! For more information, please visit www.15victoria.com
2513_DJW_3_0075
2513_DJW_5_0106
Great chance to be your own boss. Asking $118,000. Busy food court, pizza, salad, pastas, owner will help train. www.vanellis.biz. Adam Burr, Sales Representative.
Owner will help train, customer base and staff in place for manufacturing - you run the office. Great lease terms, asking price $188,000 includes all equipment and contractor client base. www. constructallgranite. com. Contact Adam Burr, Sales Rep.
2513_DJW_2_0076
2513_DJW_1_0079
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Volume 13 Issue 07
69
1194489
Commercial Real Estate & Business Opportunities
®
DOUBLE CENTURION 2007
Don Campbell Real Estate Ltd. Brokerage. 36 Andrew St. South, Orillia
9885410_2513
Harold Holmes Sales Representative Bus: 705-325-1366 800-498-8775 Cell: 705-329-8915 harold.holmes@century21.ca
$2,700,000
• 295 Memorial Ave near Prov. Highways #11 & #12 • 413 Feet frontage on Memorial with 3 entrances • Commercial 3 zoning uses: Recreational Establishment, Motor Vehicle Sales, Service & Repair Incl. Marine & Rec Vehicles, Restaurant, Hotel, Fuel Bar, Tavern, Business Offices Etc. • 21,500 Sq. Ft. Building W/Showroom, Offices, Board Room, Reception, Garage W/Fourteen Grade Level Overhead Doors • Phase 1 & 2 Environmental Studies Complete & Most Remedial Work Done. • Parking For App. 400 Cars • Close To OPP Headquarters, Lakehead University, Georgian College, Restaurants and Business Plaza • Call or Email For An Information Package • See www.295memorialave.com & MLS# 13236080
Well established and respected butcher shop, successfully operating for over 40 years with solid customer base. Busy traffic location in downtown Orillia. Price includes extensive list of chattels including meat display counters, walk-in coolers, freezers, produce cooler, company vehicle and much more. Leased premises with large retail area with grocery displays, preparation areas, office plus full basement. Seller choosing to retire and is willing to stay on to work with the buyer and help ease the transition. A turnkey opportunity for $98,900. Please call LEAH C. CAVANAUGH 1-800-498-8775 for further information or visit at www.39mississagastw.com
ESTABLISHED HOBBY & CRAFTS BUSINESS
This successful Hobby & Crafts business has been in operation for over 30 years. Substantial goodwill from a large customer base of “young to young-at-heart”. Popular sought-after items include games, puzzles, train sets, summer toys, kites, full range of kits for crafts and art supplies. Well known regional retailer of yard and related accessories. Great exposure in the central downtown section of Orillia. Leased premises include 2 parking spots, large open concept main floor of approximately 2,500 sq. ft. plus full basement. Seller choosing to retire, allowing the next owners to enjoy this well diversified hobby and craft business. A turnkey opportunity for $79,900. Please call LEAH C. CAVANAUGH 1-800-498-8775 for further information or visit at www.21mississagaste.com
FLOURISHING FLOWER BUSINESS Located in the heart of downtown Orillia you will find this fully equipped flower business. Long established in operation for over 20 years. High profile and traffic location. Price includes chattels for turnkey operation with bright elegant fixtures and décor, walk-in cooler, wall coolers and charming display window. Excellent long standing local customer base plus location offers busy walk-in tourist business. Leased premises include 2 parking spots. Public on-street parking plus municipal parking lot close by. A turnkey opportunity for $32,900. Please call LEAH C. CAVANAUGH 1-800-498-8775 for further information or visit at www.110mississagaste.com
Eastern Ontario
LOCAL BUTCHER SHOP
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4.97 ACRE COMMERCIAL DEVELOPMENT IN ORILLIA!!
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William G. Bird Broker, CCIM CD williambird@cogeco.ca Cell: 613-243-2767 Office: 613-969-9907 $299,000 STORE & 4 APARTMENTS
NEW WATERFRONT AREA LISTING, BELLEVILLE
Quinte Ltd., Brokerage* * Each office Independently Owned & Operated
CONVENIENCE STORE AND BUILDING
$719,000
$225,000
Large lot extends on Paul St. Building has been re-roofed and currently is under a 20 year warranty. Natural gas furnace and all aspects of the building are in good condition. Site is in an area of extreme growth. The site highly suitable for a variety of business to service the growing area.
Located in Downtown Belleville. Owner will lease back store for 5 years. Building meets all building codes. New roof in 2011. Building meets fire codes for Belleville. Apartments being upgraded. Cap Rate 1011%
Belleville located by newly constructed Ontario Court House. 3 apartments - income over $1,000,000 and growing. Very high traffic flow. Higher profile. Top producing store in the City of Belleville. Call Bill Bird for financial details at 613-243-2767.
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inthenews
Students to learn the importance of small business
Eastern Ontario
Eight students from across Canada have been selected to participate in an internship in Public Policy and Entrepreneurship. Sponsored by Scotiabank and the Canadian Federation of Independent Business (CFIB), students will be given an opportunity to get hands on experience in research, analysis and reporting on various issues affecting small businesses. “CFIB is delighted to be partnering with Scotiabank for a third year in a row,” said Dan Kelly, president and CEO of CFIB.“We’re proud to have a program which not only provides our interns with new insight on the importance of Canada’s small business sector, but it involves them in work to influence and improve public policy. This is experience that will give them an important edge in building their careers.” The Public Policy and Entrepreneurship Internship provides a four-month placement for eight interns, one each from Vancouver, Calgary, Winnipeg, Ottawa, Montreal, Halifax, and two from Toronto. Working at the regional CFIB offices, the interns will be working on projects that have been selected for the purpose of lobbying on behalf of the small business sector including:
municipal spending, property tax, shortage of qualified labour, transportation infrastructure spending, and apprenticeship. “Scotiabank is pleased to partner with CFIB on this intern program designed for Canada’s future business leaders and innovators,” said John Roberts, Vice-President of Small Business at Scotiabank.“The practical work experience, combined with the first-hand experience in public advocacy supporting entrepreneurship, makes this a unique learning opportunity. Scotiabank proudly supports this educational initiative.” The interns come from diverse backgrounds, including undergraduate or graduate work in political science, commerce, public administration, international affairs, actuarial mathematics, journalism, law and economics. The eight interns were selected from 903 applicants. About Scotiabank – Scotiabank is a leading multinational financial services provider and Canada’s most international bank. With more than 83,000 employees, Scotiabank and its affiliates serve some 19 million customers in more than 55 countries around the world. Scotiabank offers a broad range of products and services including personal, commercial, corporate and investment banking. In December 2012, Scotiabank became the first Canadian bank to be named Global Bank of the Year and Bank of the Year in the Americas by The Banker magazine, a Financial Times publication. With assets of $754 billion (as at April 30, 2013), Scotiabank trades on the Toronto (BNS) and New York Exchanges (BNS). For more information please visit www.scotiabank.com. About the Canadian Federation of Independent Business (CFIB): As Canada’s largest association of small- and medium-sized businesses, CFIB is Powered by Entrepreneurs. Established in 1971, CFIB takes direction from more than 109,000 members in every sector nationwide, giving independent business a strong and influential voice at all levels of government and helping to grow the economy; www.cfib-fcei.ca
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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
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The “Street Smart Real Estate Appraiser” – foREcAST iT My last article focused on a real estate broker’s appraisal techniques. These industry experts are an excellent resource for valuation advice. But, remember to only consult with qualified real estate agents when asking for valuation expertise. I personally tend to be cautious on comments from inexperienced agents new to the business; that are unseasoned in the dynamics of fundamental appraisal issues and how they may relate to a particular transaction. What I have found in the 25 plus years in the real estate industry is there is always someone that understands a property better than I do! Who are these other real estate pros? What do they think? What do they see? Why should I find them? What’s important to them? Why do they buy? In my opinion, some of these people include: the Property Owners, Property Managers, Developers, Brokers, Builders, Bankers, Accountants, Lawyers, Business Operators, Engineers, Architects, Consultants ....etc. These people offer an invaluable contribution to the valuation of a property because they are industry specific professionals. Depending on the property being appraised, it’s best to talk to these people, understand what they think, know and see, and ultimately get their “trade secrets”. The mission - become a “STREET SMART APPRAiSER”!! I once again turned to a real estate developer as these are people I normally have meetings with on a weekly basis. A real estate developer’s valuation trick I’ll give you is “foREcAST iT”! Phil Ritchie taught me this appraisal “trade secret”. Phil is the Principal of Keefer Developments Ltd., which is a Niagara based real estate development company specializing in adaptive reuse, heritage and brownfield revitalization projects. Recently, Keefer Developments initiated a project utilizing green design principles to obtain a LEED certification on a new affordable housing project. The other week upon delivering an appraisal to Phil, I drilled him on how he could make me a better appraiser. I asked him - where do I fall short in the valuation equation that he often works on day in and day out. Phil eased back into his chair…..I opened my note pad…..he paused…….one hour later…..I’m a smarter appraiser….Thanks Phil!!! This has given me more incentive to get a book started. I can not possibly write enough in this article, to download all of Phil’s ideas, but I will pick one valuation trick that Phil considers regularly left out by appraisers.
Niagara Peninsula
When Phil considers a real estate redevelopment project, something he gives considerable weight to in the valuation process is what does the future hold (i.e. FORECAST IT). I am not talking crystal ball stuff or where the yen might be or how is the general Canadian economy. What he explained to me was what type of items that are generally under his control or have the ability to be steered in a favorable direction. These items include local planning, local zoning, neighbourhood influences, developments in the area (negative or positive – planned or under construction), governmental incentives, road improvements, income opportunities and basic fundamental financials. These forecasting items are often the most critical element for his internal evaluation. How are these items assessed in an appraisal for a Current Effective Date appraisal? Thanks Phil!!! Now I have to develop a day course to teach these techniques. Stay tuned…….. In the next article, I will be speaking with a legend in the appraisal industry. Please email me your “Street Smart Real Estate Valuation” advice to - todd.crawford@dtzbarnicke.com Todd Crawford is a Certified AACI Real Estate Appraiser, Broker, Consultant, Investor, Property Manager and Business Partner specializing in Commercial Real Estate with DTZ Barnicke a world wide real estate firm.
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www.dtz.com DTZ Barnicke Niagara Limited, Real Estate Brokerage 4056 Dorchester Rd. Niagara Falls, ON L2E 6M9
905-354-7413
9866060_2513
12 Export Avenue, St. Catharines
COMMERCIAL DEVELOPMENT OPPORTUNITY
LARGE INDUSTRIAL BUILDING
Situated adjacent to new St. Catharines Hospital Within the commercial corridor of Fourth Avenue High traffic location Easy access to HWY 406 1262 Fourth Avenue - 10 acres Asking $620,000/acre ($6,074,000) 1290 Fourth Avenue - 5 acres Asking $575,000 ($2,760,000) Contact: Greg Chew, Sales Representative greg.chew@dtzbarnicke.com Mobile: 905 329 4415
40,000 sq. ft. multi tenant industrial building Situated along the Q.E.W. 1 dock level door and 6 grade level doors 16’ ceiling height with 14’ to underside of joist 600 volt 3 phase power Situated on 2.0 acres Ample on-site parking High traffic location OFFERED AT: $1,900,000 Contact: Ralph Roselli, Sales Representative ralph.roselli@dtzbarnicke.com
Part of 90 Creonona Blvd, Hamilton
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1262 & 1290 Fourth Avenue, St. Catharines
Apartment Buildings
8230 & 8252 Oakwood Drive, Niagara Falls
Various Apartment Buildings for sale in the Niagara Region
Exclusive Listings Contact: Ralph Roselli, Sales Representative ralph.roselli@dtzbarnicke.com Mobile: 905 329 4175
PRESTIGE INDUSTRIAL 3,000 sq. ft. warehouse; 800 sq. ft. office Designed for overhead crane 5-10 tons 3 Phase 550 volts 3 loading docks at grade Situated on 1.93 acres 8252-1200 sq. ft. Residential Situated on 3.04 acres Properties to be sold together OFFERED AT: $875,000 Contact: Taylor Wilson, Broker of Record taylor.wilson@dtzbarnicke.com
Niagara Peninsula
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0.818 acres of vacant residential land Property is subject to severance Situated on the border of Stoney Creek and Grimsby Walking distance to a park and Lake Ontario Ideally suited for executive style homes New residential neighbourhood Zoning: ND OFFERED AT: $875,000 Contact: Bryan Saelens, Sales Representative bryan.saelens@dtzbarnicke.com
9-24 unit apartment buildings 2513_DJW_1_0084
RESIDENTIAL DEVELOPMENT
BROKERAGE APPRAISALS MANAGEMENT
Connected Globally. Focused Locally. Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 07
Virtual prevention: Protecting your business from fraud
W
To help merchants protect their businesses against fraud, Pivotal Payments recommends the following tips: • Verify the Accuracy of your Statements: Make sure your financial institution has your current mailing address. Carefully verify and review your statements. A quick call to flag an error can save you hours of frustration later on.
hether it’s at the checkout counter or online, the
rising use of credit cards among consumers is placing added
pressure on businesses to prevent fraud. Pivotal Payments, one of Canada’s leading payment processing companies, says that businesses can avoid falling victim to scams by understanding how to identify them and knowing how and where to report them.
• Encrypt your Data: For merchants using online payment processing systems,“tokenization” replaces credit card information with a token, which is a random value that retains the credit card’s essential information without compromising security. Each token is linked to a single customer profile and can be used to complete a purchase transaction. • Identifying Counterfeit/Altered Cards: Knowing how to spot a fake credit card can help prevent fraud. Counterfeit or altered credit cards may have uneven letters, fake holograms, broken, blotchy or spotty colours and fuzzy edges. When in doubt, call the credit card’s customer service line to verify that the card is legitimate. • Verify the Card Holder’s Information: Check the signature on the draft or printer receipt against the signature on the card to verify your customer’s identity. If unsure, ask for a photo ID. • Pay Attention to your Customer’s Behaviour: Be wary of customers who make indiscriminate purchases or appear to be too young to have a credit card. Avoiding credit card fraud is everyone’s responsibility. So follow these steps carefully in order to help reduce your business’ risk and to help keep your finances running smoothly. To learn more, visit www.pivotalpayments.com. NC
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Commercial Real Estate & Business Opportunities
Victoria Batiste
Garden City Realty Inc. Brokerage
Sales Respresentative
Independently Owned & Operated
Fluent In Russian!
905-641-1110 | victoriab@remax-gc.com
FOR SALE – List Price $750,000 8591 Earl Thomas Avenue, Niagara Falls
Shows well 18,800sf pre - engineered 14' to 18' clear height and block building in Niagara Falls Stanley Avenue Business Park. Immediate access to QEW, and USA crossings. Approx 8% office, two drive in doors and one overhead door, 600 amps, 240 volts three phase power, 4 post over. For more detailed information visit our webhead crane site @ www.NiagaraRegionCommercial.com
53 OntaRIO StReet
Own a piece of Canadian History! Unique, approx. 6000 sq ft. The great Western Train Station - one of the oldest (1855) in Canada - Currently the home of Forks Rd. Pottery nestled at the base of the Niagara Escarpment between the Niagara wine route & Lake Ontario, 45 min from d/t Toronto, Central Grimsby location. Easy access to the QEW. Shopping, plenty of parking, endless potential for different types of businesses: Restaurant, Brewery, Retail, Offices and more (not designated Heritage building). 1400 sq ft of commercial space available at $10 per sq ft. 2513_DJW_0112
Money maker! Attention Investors! 5 unit building (1 commercial front + 4 residential units) Fully rented on a busy street, close to shopping. All separate meters, tenants pay their own hydro. Ample parking, on a bus route. 488 MaIn St e.
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Andrew McGregor Sales Representative Andrew@NiagaraRegionCommercial.com Douglas McNaughton A.P.A.(Can) I.C.I.A.,R.P.A.
Sales Representative dbm@RoyalLePageCommercial.com
Tel.905.688.4561 Toll Free.1.800.771.4913
2669 thIRd St.
Over 52 acres of farm land (Sandy loam) in St. Catharines. Just minutes from new hospital, Smart Centre, Hwy 8 and 406. 2513_DJW_0114
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Commercial Real Estate & Business Opportunities
Tony Tripodi Broker
Garden City Realty Inc
Brokerage Independently Owned & Operated
905-641-1110
*INDUSTRIAL*COMMERCIAL*INVESTMENT*
ST. CATHARINES
Exceptional and unique building, formerly a church. 2 storey brick, plus full finished basement. Ideal for Medical/ Professional office, convert to residential units or institutional use. Approx. 7500 sq ft, plus basement. 400 amp electrical service. Large paved parking area. Call now! Listed at $879,000.
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FOR LEASE
North St. Catherines - 10,000 sq ft of finished office space. Located in a strip plaza. Plenty of free parking. Open concept for call centre or will divide to suit. Major tenants include Shoppers Drug Mart, KFC, etc. Available immediately. Asking $10.00 sq ft net. 2513_DJW_0086
ST. CATHARINES
150,000 sq. ft. warehouse on 14 acres. Included is one section with 120 unit mini storage. Zoned for additional 120 more units. 30,000 sq. ft. rented @ $5000 per month place for solar panel energy. Asking $3,900,000. Other details with Tony Tripodi 905-641-1110. Email: tripodi@sympatico.ca
Ontario’s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate
416.784.5060 1.877.269.8257
for advertising call toll free
Greg Howe
6150 Valley Way, Niagara Falls ON L2E 1Y3 Independently Owned & Operated 905-346-2000
Niagara Brokerage
Sales Representative
905-935-6838
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www.EliteRealtyNiagara.com gamhowe@sympatico.ca
Niagara Peninsula
5345 SLATER AVE & 5302 STAMFORD ST. NIAGARA FALLS $699,0000
5745, 5757, 5767, 5777 STANLEY AVE NIAGARA FALLS $740,000
515, 517, 519, 521, 525, 529 KING ST WELLAND, REDUCED $599,000 EXCLUSIVE LISTING
Motel/Lodge consisting of 12 refurbished rooms with a main house Manager’s 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 & Casinos. I also have 9 more Motels/Hotels in the Heart of Tourist District with up to 52 rooms and $3.4 Million. All exclusive to me.
Value in property, consists of 4 separate joining lots of older homes all zoned commercial. 2 rented, 2 vacant, total lot size 176 x 130 ft (1/2 acre) or 22,880 sq ft. located in Ferry St. Stanley Ave area. in the Heart of Niagara Falls tourist area. Ideal for Hotel/Motel, Restaurant, Offices or Business.
Consists of 7 apartments, 3 commercial store fronts and 1 restaurant. Located next to arena and across from Hospital. Parking for over 50 cars. Many possibilities. Commercial units can be converted to apartments and ideal for nurses living quarters.
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Niagara College 590, 594, 600, 606 First Ave, Welland Prime Investment opportunity! 4 buildings all being sold together. Over 31,000 sq ft. 87 units each with private 3 pc ensuite bath. See listing agent for full financials. Newer buildings. 100% occupancy.
$5,600,000
81-85 ST PaUl ST, ST. CaTHariNeS
ParT 1 YorK roaD, Niagara oN THe laKe
Power of sale....Fantastic opportunity! Downtown revitalization of St. Paul St. This 8200 sq. ft....3 storey, brick building consists of 2800 sq. ft. Main floor commercial w/full basement plus 9-1 bedroom apts. in the Heart of St. Catharines. 48 hours notice is required for all showings and listing agent must be present.
Strategic location. QEW at Glendale Gateway to Niagara on the Lake. Minutes to St. Catharines, Niagara Falls and the US border. 30 min to Buffalo and 45 minutes to the GTA. This 4.75 acre parcel is next to the new RCMP Headquarteres in Niagara. On the wine route. Zoned prestige industrial. Design build. Financing available. Other parcels available from 5 to 20 acres. $1,900,000 2513_DJW_0055
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iNveSTMeNT
$600,000
St. Catharines
Brock Student Investment Properties • 5 Cumming – 4 Bdrm w/ensuites - $209,900. • 18 Hampstead – 4 Bdrm w/ensuite - $209,900. • Package deal - $399,900.
CoMMerCial/ PoWer oF Sale
Niagara Peninsula
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727 East Main, Welland $199,900 • High Traffic location • Mixed Use - Retail
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Volume 13 Issue 07
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
business investor The perfect place to list all of your business opportunities For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 or Email: doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com
Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
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Mortgages
New Lending Rules and Practices Are you a real estate investor that has run out of options for purchasing rental properties? Are you self-employed and successful in your career, yet cannot get a mortgage? You are not alone! Having been in the mortgage business now for over 15 years, I have seen many new rules and regulations introduced by various governments. Some changes have worked well and others...not so well. The recent federal changes to borrowing/lending criteria involving cutting back loan-to-value (LTV) ratios from 85% to 80% and amortization periods from 30 to 25 years on insured mortgages has certainly impacted the industry. Of far greater impact and consequence are guidelines issued from the Office of Superintendent of Financial Institutions Canada (OSFI). OSFI has issued practices and procedure guidelines impacting all federallyregulated financial institutions on residential mortgages of 1 to 4 units and include home equity lines of credit. The impact is only starting to make itself felt as various financial institutions have re-worked and are re- working their lending practices and criteria. The results are becoming dramatic and are beginning to significantly impact the industry. One result of these changes is that many mortgage brokers have become challenged with finding appropriate financing for smaller investment properties. Lenders and other institutions have now virtually ended small rental property financing. Further, self- employed stated income or low documentation loans and lines of credit have been reduced to 65% (reference “income verification” and “non-conforming loan principles”). Institutional mortgage lending to self-employed investors has been dramatically affected. Small real investors who have rental properties which were financed some years ago, may be looking at injecting additional cash into their properties for things like improvements and life-cycle repairs. With Banks no longer offering the financing that was available 5 years ago, much stress is now being created. We recently had a client (who is self-employed) who purchased 2 properties some 5 years ago. He wanted to put additional cash into the properties to improve them. However, he was not in a position to contribute his own additional cash equity into the property. Even though the property values have increased, and the investment has run very smoothly with principal loan amounts repaid as part of the amortized mortgage, the investor could not get more than 65% financing based on his specific circumstance. 5 years ago he received 95% LTV financing! What is the solution to these new restrictions and limitations? The answer is private lending. There are no “rules” imposed on private lending. Pro Funds Mortgages has been focusing on private lending in the recent years. Interest costs are higher, but lending documentation and criteria is not regulated. Different private lenders set their own rules and lending criteria. Often, the strength of the real estate security is of greatest importance. If you are self-employed, or if you are buying a student rental, or if you are buying an investment or a home that needs renovations or may not be complete, or if you are buying in a region that may not be on the Banks list to lend on, or if this is an investment or rental property (large or small), Private lending may be the best approach. We can get the mortgage done. We have lenders that will lend up to 85% loan-to-value in most cases (and up to 90% on exceptions). Why let the banks deter your investment direction and activities. There is (almost) always a way. With the historically low interest rates of today, perhaps a business case can be made to invest with private funds at slightly higher interest rate. It is certainly worth exploring. If you are looking for a mortgage and cannot seem to get approved by our Banks then give this option a shot. On the other side, if you are an investor and have RRSPs and cash, this is your time to get involved in investing in mortgages as a lender. New doors are now opening for both borrowers and lenders. A member of
Carmen Campagnaro President Pro Funds Mortgages lic# M08002562
Carmen@profunds.ca
1.888.330.3866
3390 South Service Rd., First Floor, Burlington, ON L7N 3J5 | 905.842.7011 x22 | Fax 905.842.7241
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Business Investor
www.Profunds.ca • invest@profunds.ca
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DOORS SALES AND INSTALLATION
NEW OPPORTUNITY PROVIDER OF PBS AND TPA SERVICES
BOWLING CENTER
The Company sells and installs overhead doors, installing doors for new construction condominium and high-rise rental apartments and distributing equipment and parts. Operating over 30 years - revenues are in the $5.5 M range and earnings in the $400 K range.
Well established center operating over 45 years and located 2 hours East of GTA. Employs 2 ft. & 20 pt. Newly upgraded with revenues in the $500K range and discretionary earnings in the $100K range.
Company has been operating for 30 years and its software is used by banks, insurance companies, government, and larger invidiual pension plan sponsors to administrator defined benefit and contribution pension plans. Revenues $2.5 MM range Earnings $900 K range.
BUILDING SUPPLIES DISTRIBUTOR
PLASTIC INJECTION COMPANY
ELECTRIC CONTRACTOR
Located 4 hours east of Toronto. Company is a wholesale distribu-tor of building materials to independent dealers and purchasing groups. In business over 60 years with its own fleet of trucks the business generates revenues over $14 million and earnings over $950,000.
Operating over 30 years and servicing the automotive industry the company employs 16 ft and generates over $2 million in revenues with earnings in the $350K range. Ownership will remain as needed to transition the business.
Company provides electrical power and transmission systems in the GTA to construction and industrial clients. 12 FT employees generate revenues in the $2.8 million range with earnings in the $400 K range..
MANUFACTURER OF DISPLAY PRODUCTS
LIFT TRUCKS AND HANDLING EQUIPMENT
The Company produces both in-store display programs for Consumer Packaged Goods companies along with custom product lines for Quick Service Restaurant companies. Located in the GTA the revenues area in the $5 million range and earnings in the $500K range.
The company sells, rents and services handling and racking equipment serving the farm and construction industry. Located one hour west of GTA with over 500 accounts, Company generates revenues over $4 million and earnings in the $450K range.
R DE UN FFER O
METAL RECYCLING
Business has been operating over 30 years, dealing in ferrous and nonferrous metals - with 14 employees business generates revenues in the $10 million range with earnings in the $1.5 million range.
INDUSTRIAL DE-SCALING AND PROTECTIVE COATING CONTRACTOR
sol
R DE UN FFER O
Business Investor
The Company, located in Southern Ontario has been operating over 30 years specializing in general painting, lead abatement, bridge painting and water tower restoration among other services to various industrial sectors. Company generates revenues in the $5 million range and earnings in the $1 million range.
d
HOME CAREGIVER
Non-medical, in-home care company providing a wide range of services, meal preparation, housekeeping, errand services, grocery shopping, companshionship, transportation services, personal care, laundry, respite care, recreational activities, 24-hour care, live-in care, and palliative care. Revenues are $1.2 Million and earnings are in the $225,000 range.
d l o s
METAL FABRICATION & WELDING Company operating over 20 years in Northeastern Ontario. 18 FT Certified well-trained employees provide diverse services in metal and structural fabrication. Revenues in the $3.5 M range with earnings in the $700K range.
“Selling Your Business is our Business� 416-780-0009 or 1-866-490-9991
8157086_2513
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COM
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905.270.8840
Roger Jain, P.Eng., CCIM, REI, FRI
Neil Jain, B.A., AMP
Broker /V.P. Commercial Division
Broker
C: 416.560.5246 / E: jain@ccim.net
C: 905.257.2579 / E: neil@bell.net
10-unit apartment building in a great location west of Toronto. 8 two-bedrooms and 2 one-bedrooms. Potential to increase rents.
Commercial strip plaza, 10,100 s.f. Building anchored by Rexall Pharmacy, close to major highway, located on a steet with high traffic, Serious buyers (Principal) only.
ASKING PRICE $459,000
ASKING PRICE $1,199,000
ASKING PRICE $3,950,000
220,000 s.f. Premier precast industrial facility situated on 16-acre lot, constructed in 1997, energy efficient, solar panels on the roof, 2000 amps of power, 23 ft clear ceiling height, Serious buyers (Principal) only. ASKING PRICE $19,580,000
Fantastic Opportunity, free standing building, high traffic area. Perfect for Investor User, ample parking.
OFFICE - TORONTO
INDUSTRIAL - MISSISSAUGA
Well located with access to all major Highways and Public Transit, over 92,000 s.f. building, heavy power and existing crane, 136 parking spaces with potential to increase, Serious buyers (Principal) only. ASKING PRICE $5,950,000
2513_DJW_2_0086
OFFICE/RETAIL - HAMILTON 2513_DJW_2_0093
2513_DJW_0088
ASKING PRICE $3,888,800
2513_DJW_2_0091
INDUSTRIAL - MISSISSAUGA 2513_DJW_2_0132
2513_DJW_3_0089
RETAIL TORONTO
OFFICE BLDG - TORONTO
INDUSTRIAL/OFFICE - MISSISSAUGA
RETAIL - MISSISSAUGA 2513_DJW_0090
In heart of downtown Hamilton. 30,000 s.f. building with retail on the main floor. Fully tenanted. Office space on 2nd and 3rd floor for renovation. Good project with low cost of approx. $50/s.f. Call for details. ASKING PRICE $1,595,000
2513_DJW_0089
Approximately 35,000 s.f. Free-standing building, Good shipping, 18’ clear ceiling height, Approximately 8% office space, Good opportunity for end-user or investor, Serious buyers (Principal) only. ASKING PRICE $3,825,000
2513_DJW_2_0087
Over 11,800 sf, fully renovated, free-standing building. Two storey potentially be leased separately making this a great owner/investor opportunity. Immediate access to 400 series Hwys, airport and International Center. ASKING PRICE $1,950,000
Zoned for retail, office, banquet hall, and many more. Call for details.
12,000 sf, freestanding bldg., lots of parking, 90% building air conditioned (office), industrial radiant heating, a church sanctuary tastefully decorated and diligently maintained.
User/Investor, rare opportunity on Dundas Street, Mississauga, Prime Retail space 5,000 sq. ft. plaza, multiple tenantas.
ASKING PRICE $13,950,000
ASKING PRICE $2,500,000
ASKING PRICE $2,299,000
16739 sq. ft. Free standing, single user federally inspected High Tech industrial refrigerated/freezer warehouse building. 10,780 sf refrigerated space, 1102 sf freezer, 4225 sf dry warehouse, 10% office space. ASKING PRICE $2,790,000
11270998_2513
4234 sf very efficient condo unit, operating as mechanical and body shop, price includes Goodwill, all equipment. Close to Hwy 410, 401 & 407. ASKING PRICE $845,000
2513_DJW_3_0099
RETAIL - FLORIDA 2513_DJW_0092
COMMERCIAL CONDO - MISSISSAUGA 2513_DJW_0091
INDUSTRIAL - MILTON
COM
2513_DJW_2_0088
Retail condo, recently renovated from inside, many upgrades, great location, tenant in place, also available vacant possession, near York University.
INDUSTRIAL - MISSISSAUGA
22G
RETAIL - TORONTO 2513_DJW_0100
MULTI-RESIDENTIAL - TORONTO 2513_DJW_0087
RETAIL CONDO
®
Strip Centre anchored by Trust Bank, land, 2.5 acres, Cap Rate 8%, constructed in 2008, 10 minutes from the Airport, excellent frontage & visibility, GLA 25,000 s.f. Multiple tenants, Serious buyers (Principal) only. ASKING PRICE $4,500,000
11276415_2513
23G COM
9741130_2513