July 20 - August 16, 2013 Volume 13 Issue 8
INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! 2913_DJW_0016
2913_DJW_7777
commercial plus apartments - downtown ridgetown Featuring 3 1-bedroom and 1 2-bedroom apartments on 2nd floor; 2 1,200 sq. ft. stores on ground floor. New wiring, plumbing, bathrooms, kitchens and appliances with 4 separate gas furnaces. Controlled entry. The 2 stores have separate hydro meters, central air conditioning and 2 gas furnaces and A/C. Potential gross income $46,440 yearly at full occupancy. Low asking price: $299,000. For Marketing Brochure contact: Winston Davies, Broker of Record WinCorp Realty Inc., Real Estate Brokerage Tel: 519.836.2080 Fax: 519.836.2081 Email: wjmdavies@rogers.com
FREE SUBSCRIPTION!
2913_DJW_0004
2913_DJW_0072
investment opportunity in kincardine 28 unit rental complex - motivated owner Turnkey operation with on-site management. Just manage the manager. $98,743.56 net operating income for 2011. Fully furnished. Former nursing home. Approved zoning in place for 28 units. All reasonable offers considered. Also 2 additional SFH’s can be purchased for a complete investor package. Call listing agent for complete details: Peter Stasiuk, Sales Representative Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage Office: 905.338.8877 x226 Direct: 905.617.4440 Email: pstasiuk@cbci.ca
seniors residence for sale 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_2913 (COM)
mixed use building in downtown kitchener Great location in the heart of Downtown Kitchener. Featuring 6,400 sf of main floor retail space and 10,800 sf of upper office space together with 4 bachelor apartments, situated on a high traffic intersection, and fully leased. Asking $1,995,000. MLS. For more information please contact: Ryan Briggs, Sales Representative CMA Realty Ltd., Brokerage 519.498.5775 Email: ryanbriggs@rogers.com
COMMERCIAL OPPORTUNITIES
Situated along QEW corridor in Grimsby at Casablanca Blvd. 1100 sq./ft. Units starting at $264,900. Larger units available! Ideal for investors or end user. Surrounded by high density residential development with direct exposure to QEW and major anchors. 2913_DJW_0044
FOR SALE
Direct QEW Exposure
$1.78 MILLION OR $4 PER SQFT.
FOR LEASE
2913_DJW_2_0039
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. 2913_DJW_2_0040
FOR SALE
$21 PER SQFT PLUS $4 TMI/CAM
Over 3000 sqft. of retail/office space in prime location in Beamsville at main signalized intersection along the wine route with easy access to QEW corridor.
AVAILABLE
$379,000
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. 2913_DJW_3_0041
*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. 2913_DJW_2_0030
Brokerage
COM
FOR SALE
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. 2913_DJW_2_0045
Nicholas Kazan, Broker Nicolas von Bredow, Broker
905.574.3038 1.888.751.2229 www.HLCommercial.com
11268720_2913
H O M E L I F E M ACRO
*
COMMERCIAL RETAIL/OFFICE CONDOMINIUM OPPORTUNITY
11277220_2913
Robina McCracken SALES REPRESENTATIVE
416-366-5555 email: robina@robina.ca
11277379_2913
$1,399,000
23 acres of prime land on Hwy 89, close to Hwy 400. 20 mins from Toronto. Approx. 8 acres buildable. 2.81 acres of farm residential & 5.60 acres industrial commercial. High profile location. Backs onto a golf course. Walk to Wal-Mart, McDonalds, New Tim Horton’s, grocery store, plaza, & Honda plant. Rare multiple zoning usage: auto wreck, towing, salvage, storage, truck depot, plaza, motel, retirement home. Buyers bring your land developers! Price reduced for quick sale! Motivated Seller!! Also available for lease.
A WHALE OF A DEAL...
2913_DJW_0036
2913_DJW_0035
INVESTMENT OPPORTUNITY!
$199,000
$998,000
WOW!
2913_DJW_0038
2913_DJW_0037
INCREDIBLE OPPORTUNITY
to own a legal 3 apt triplex in trendy Port Credit! Immaculate condition, totally renovated. Hardwood flrs, prof. decorated & painted. Each suite has ensuite laundry. All apartments are separately metered & have separate hot water tanks. Great residential & quiet location. Walk to lake, parks, restaurants & shopping! Live there and rent, or investment property. Possibility of building another unit. Move in condition. Priced to sell! Motivated seller!!
$1,350,000
A 12 acre land parcel! It has 2 barns, well & hydro service. Horse barn has concrete floors. 1 mile from new golf course. Designated residential and farm agricultural. Live in the country-build your own home! Located off Hwy 56 South. Quick sale!! Property is being sold as is under Power of Sale.
Money making-great investment opportunity! Legal 3 apt duplex in Port Credit! Extreme makeover renovations (2013). Renovated top to bottom, designed & decorated, new floors, paint, marble floor bathrooms, prof. landscaped w/interlocking stone, 10+ car driveway. Huge 50x196 feet lot, inground pool & pool house w/skylight. 3 full gourmet kits, 3 full washrooms. Great for in-laws! Truly magnificent prop. On most prestigious street in Mississauga. Too many upgrades to list! Possibility of building another unit.
For more details contact Robina McCracken, Sales Representative, Robina Dream Realty Brokerage. Email: robina@robina.ca
Visit our website:
w w w. r o b i n a d r e a m r e a l t y . c o m
3G
COM
ML
Mark Loeffler Team
MARK LOEFFLER
KELLER WILLIAMS E D G E
R E A L T Y
SALES REPRESENTATIVE
Independently Owned & Operated
Bus: 905.335.8808 Fax: 416.981.3033 Email: mark@markloefflerteam.com www.markloefflerteam.com
3027 Harvester Road, Suite 105 Burlington ON L7N 3G7
11277329_2913
HAMILTON - $1,800,000
2913_DJW_0071
2913_DJW_0070
2913_DJW_0069
It doesn’t get any better than this. Updated 18 units in Prime West Hamilton location. Seconds away from the Bruce Trail on the escarpment and Chedoke Golf Course. Easy access to the 403. Close to Mac Innovation Park and Locke Street. 12-1 bedroom units and 6-2 bedroom units. Some of the units include claw foot style bath tubs, hardwood floors, fireplace with antique electric inserts (non-operation), stained glass windows, front and rear entrances, balconies. $96,000 net income and the rents are below market. Tons of room for improvement. This property will not disappoint. Do not miss this property. 2-4 Hyde Park is included in this sale.
TRIPLEX - $309,000
7 UNITS - $650,000
Great turnkey legal triplex, fully rented, great Do not delay on this great 7 unit property. Gross return. Bring your pickiest investor, you won’t be rents of $5060/mth. Turn key investment. Bring your disappointed. savviest investors.
4G
COM
Volume 13 Issue 08
1
Commercial Real Estate & Business Opportunities
Featuring the best selection in industrial, commercial and investment opportunities REAd By OvER 100,000 BuSiNESS REAdERS!
index Kitchener, Waterloo & Guelph . . . . . . . 4 Southwestern Ontario . . . . . . . . . . . . 14 Hamilton . . . . . . . . . . . . . . . . . . . . . 22 Greater Toronto Area . . . . . . . . . . . . . 37 Central Ontario . . . . . . . . . . . . . . . . . 55 Eastern Ontario. . . . . . . . . . . . . . . . . 60 Niagara . . . . . . . . . . . . . . . . . . . . . . 64 Business Opportunities . . . . . . . . . . . 70
diSTRiBuTEd iN OvER 1,700 lOCATiONS!
hawkesbury
HuGE COvERAGE AREA - WiNdSOR TO OTTAWA!
gatineau Rockland
Arnprior
Hull orleans Renfrew Ottawa
Kanata gloucester nepean
Get the full coverage you need – advertise in Commercial investor
haliburton
Smiths falls collingwood
Cornwall
charlottenburgh
georgina Brock
Bradford
Lindsay
Peterborough
uxbridge
Newmarket
Orangeville
cobourg
campbellford
Oshawa Bowmanville
Mississauga Waterloo Guelph oakville Kitchener
next issue:
Toronto
August 17, 2013
cambridge Burlington
Hamilton
Ancaster
Woodstock Brantford London
Haldimand tillsonburg
Advertising deadline:
St. Catharines Niagara Falls
August 6, 2013
Welland Fort Erie dunnville
nanticoke
gananoque
Kingston Belleville Trenton
Markham caledon pickering georgetown vaughan Scarborough Brampton
grand Bend
elizabethtown
orillia
Barrie port elgin
goderich
Maxville
Augusta
Owen Sound
listowel
Sarnia
Manotick carleton place Mountain Merrickville perth Morrisburg
Simcoe
Norfolk
For advertising information call
Chatham
416-784-5060 Toll Free 1-800-268-0077 or e-mail us at: thecommercialinvestor@wall2wallmedia.com
Windsor
Published by:
401 The West Mall, Suite 500 Etobicoke, ON M9C 5J5 Tel: (416) 784-5060 Fax: (416) 789-9705 Toll Free: 1-800-268-0077
SenioR SAleS MAnAgeR Larry Gregoris MediA conSultAnt Doreen Wills SAleS co-oRdinAtoR Jennifer Mardini, Nobia Bhatti (on leave) SenioR pRoduction MAnAgeR Bala Gnanapandithan
vice pReSident WAll2WAll MediA Jacqueline Hill
pRoduction MAnAgeR Nikki Yarwood
editoR-in-chief nAtionAl ReAl eStAte Susan Legge
pRoduction co-oRdinAtoRS Kiran Sharma Lindsey Maindonald
editoR Elisa Krovblit
ciRculAtion inquiRieS 1-866-580-5960 ext.3242
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
Please say you saw it in The Commercial Investor
prior written permission of Wall2Wall Media™ is strictly prohibited. Published every month by Wall2Wall Media™. Terms Advertisers and The Commercial Investor are not responsible for typographical errors, mistakes or misprints. Payment in full must accompany the insertion order by cheque or money order only. Insertion by phone: we accept Visa and Mastercard. Please check your ad for accuracy, the first issue it appears. If you find an error, report it immediately. The Commercial Investor will not be responsible for more than one correct insertion. Please recycle this magazine! Wall2Wall Media participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.
2
Volume 13 Issue 08
Commercial Real Estate & Business Opportunities
special features 10 IN THE NEWS — Canadian consumer spending up 32 BUSINESS BAROMETER — Small business confidence down sharply in June Ted Mallett, Vice-President & Chief Economist 36 MARKET TRENDS — Hamilton - The top investment town in Ontario By Mark Loeffler
38 BUSINESS BAROMETER — Small businesses give Metrolinx taxes a thumbs down
62
58 IN THE NEWS — Big city spenders 62 IN THE NEWS — MADY Development Corporation selected to build longawaited Burlington Waterfront Mixed-Use Development
66
66 IN THE NEWS — Canadian dollar to hold near current levels for rest of 2013 and return to parity in late 2014: CIBC 69 IN THE NEWS — FCM response to Harper’s announcement of changes to the federal Ministry
Glossy Section Editorial 16G LEGALLY SPEAKING — The difference between employees and independent contractors By Jayson Schwarz
Please say you saw it in The Commercial Investor
38
Volume 13 Issue 08
3
Commercial Real Estate & Business Opportunities
opportunity is knocking
Don’t miss any opportunities!
subscribe today!
Have 3 issues of the commercial investor
DElivErED DirEctly to your Door– for free! Keep yourself up-to-date with a subscription to The Commercial Investor. Have the latest issue delivered to your door for three months.
✔the newest opportunities ✔informative Editorials ✔the Best selection To subscribe, simply mail or fax a completed Subscription Form (below) or email your subscription information in confidence to: thecommercialinvestor@wall2wallmedia.com *Interested in an annual subscription? Call 416-784-5060 or Toll Free 1-800-268-0077 for details.
✔yes, i want 3 FrEE issues!* Name/Company: _________________________________________________________ Address: ________________________________________________________________ Mail your completed form City: _____________________________ Province: ______ Postal Code: ____________ along with your payment to: the commercial investor Phone : (_______)______________________ Fax : (_______)_____________________ 401 the West Mall, suite 500 Etobicoke, on M9c 5J5 Date: ____________________________ Signature: _____________________________ Fax: 416-789-9705 Or, email us at: thecommercialinvestor@wall2wallmedia.com *Canadian Residents Only
Please say you saw it in The Commercial Investor
4
Commercial Real Estate & Business Opportunities
Volume 13 Issue 08
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
5
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_2913
Grand Valley Realty BROKERAGE INDEPENDENTLY OWNED AND OPERATED
Royal LePage
www.TeamMilovick.com
Invest in Ontario’s Number 1 Town Today!
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick
D L O S
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 • 82 Bed • Re-Development Potential • Steps to WLU • Over 1/3 of an Acre • MLS®
2,600,000
$
317 SPRUCE STREET, WATERLOO
$
1,189,000
335 WAYDOM DRIVE, AYR
2513_DJW_2_0007
164 HERBERT STREET WATERLOO
D L O S 1,050,000
619,000
$
529,900
$
• $92,000+ Gross Annual Income • 6.19% Cap • Legal, 15 Student, Rental Licensed Triplex • 9.49% Cash on Cash • MLS® 2513_DJW_1_0029
$
• 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
• $51,300 Potential Gross Income • 6.37% Cap Rate • MLS®
• 9-(5+4) Student, Rental Licensed Opportunity • 10.33 Cash on Cash Return
2513_DJW_1_0036
558B BROOKHAVEN DRIVE, WATERLOO
D L O S 325,000
419,000
$
• House with registered accessory. • Opportunity to set own rents.
294,900
$
• Ideal 3+2 lay out • Freehold - no condo fees • MLS 2513_DJW_0107
41 INDIANA DRIVE, KITCHENER
• $41,000 Potential Gross Income • Recent updates to Main Unit • MLS®
239,900
$
• Student Recognizable Street • Legal 8 (5+3) student Opportunity
2513_DJW_1_0038
18-12 BRIDGEPORT ROAD EAST, WATERLOO
D L SO • Legal, Non-conforming Duplex • Easy Walk to Vibrant Kitchener Downtown • $1525 Monthly Income • Over $25K in recent updates/improvements • MLS® 2513_DJW_1_0157
$
• $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
D L SO 237,000
214,900
$
• $1500+ Per Month Income • Oversized Bedrooms • MLS®
$
• 100% Student Occupied Complex • Uptown Location, Easy Walk to Universities 2513_DJW_4_0044
Please say you saw it in The Commercial Investor
• Super Entry Level Opportunity • City Rental License Approved • MLS®
• $1500 + Monthly Income • Re-rented unit at least August, 2014 2513_DJW_2_0040
Kitchener/Waterloo Guelph & Cambridge
Volume 13 Issue 08
6
Volume 13 Issue 08
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_2913
John Markou, Sales Representative john.markou@whitneyre.com Ext 242
Christopher Coupal, Broker, CCIM christopher.coupal@whitneyre.com Ext 238
519-746-6300
James Craig, Sales Representative james.craig@whitneyre.com Ext 259 Although the information contained within is from sources believed to be reliable no warranty or representation is made to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Whitney & Company Realty Ltd., Brokerage.
Please say you saw it in The Commercial Investor
Volume 13 Issue 08
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
• • • •
• • • •
• 1,049 sq. ft. retail/office space • Great exposure on roundabout • Ample, free on-site parking • $19.95 psf net MLS
150 WISSLER RD # 1, WATERLOO
4396 KING ST. E., KITCHENER
2513_DJW_3_0035
2913_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 sq ft MLS
11274704_2913
James Craig, Sales Representative james.craig@whitneyre.com Ext 259
2513_DJW_0059
• • • •
260 DOON SOUTH, # 8, KITCHENER 2913_DJW_0019
1595-1601 VICTORIA ST. N. KITCHENER 2513_DJW_0058
65 UNIVERSITY AVE #10, WATERLOO
• High profile 2,000 sq ft corner unit • Suitable for office, retail, restaurant • Ample on-site parking • Lease 16.95 per sq ft net MLS
• 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.
8494919_2913
Re/Max Real Estate Centre Inc. Brokerage COMMERCIAL DIVISION
519.658.9292 Head Office: 766 Hespeler Road, Cambridge
COMMERCIAL
Offices in: Acton, Brampton, Cambridge, Erin, Fergus/Elora, Georgetown, Guelph, Kitchener/Waterloo, Milton, Orangeville & Shelburne
Brian Whitfield BROKER
CAMBRIDGE
CAMBRIDGE Executive Offices Great location Near Highway 401 Fully finished executive office suite In high profile building adjacent to the 401 Highway 8 location 3175 Sq. Ft. of finished space Rent includes parking and utilities $18.00 pst. plus TMI Call Brian for appointment MLS131792
FERGUS Vacant Land Development site Zoned Industrial Almost 5 acres in the Northeast Industrial Park Municipal services at the Lot Line Survey available Convenient access to Highway 6 Priced at $499,000 MLS 1317548 Call Brian for Directions
Hespeler Road (highway 24) Location
INDUSTRIAL PLAZA UNITS
Four Plex-Cambridge Centrally located investment opportunity Residential Multiplex with great income Newly refurbished w/ up to date improvements Some units furnished (included) Priced at $809,000 Call Brian to view MLS 1314471
CAMBRIDGE Retail plaza unit Highway 24 - Hespeler Road 4000 sq. ft. @ $10.00 plus TMI Great Exposure - High traffic Count Retail unit with 20 ft. ceilings Fully Air conditioned Traffic Light access to Mall
1. 1760 sq. ft. @ $5.95, Dock Door 2. 2750 sq. ft. @ $5.95, Twin Drive In Doors 3. 2200 sq. ft. @ $6.00, Drive In Door 4. 6600 sq. ft. Dock and Drive in Doors Close to 401 Call Brian For Showings
Please say you saw it in The Commercial Investor
Plaza Office Unit 2640 Square Feet 7 Private Offices plus boardroom Free parking. Traffic Light control access 6 Aces site with plenty of parking Great Lease rate MLS 1327091
8
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge 8331512_2913
Please say you saw it in The Commercial Investor
Volume 13 Issue 08
Commercial Real Estate & Business Opportunities
9 Kitchener/Waterloo Guelph & Cambridge
Volume 13 Issue 08
8171433_2913
Please say you saw it in The Commercial Investor
10 inthenews
Commercial Real Estate & Business Opportunities
Volume 13 Issue 08
Canadian consumer spending up 3.61 per cent in Q2 The Moneris Spending Report: debit card growth continues to outpace credit card growth
M
oneris Solutions Corporation (“Moneris”), Canada’s largest credit and debit card processor,
announced recently that Canadian consumer spending jumped 3.61 per cent in the second quarter, compared to the same period last year - with increases of 3.53 per cent in April, 4.38 per cent in May and 3.17 per cent in June. Similar to Q1, year-overyear debit card spending (4.06 per cent) continued to outpace credit card spending (3.41 per cent). This may indicate that concerns over reported rising household debt levels continue to be top of mind for Canadians in their purchasing decisions. The restaurant category led the growth in spending in Q2, with a 4.17 per cent year-over-year increase, followed by retail and entertainment, at 3.98 per cent and 2.42 per cent, respectively. While the Moneris Spending Report suggests that Canadians’ appetite for fast food continued to drive the spending growth within the restaurant category – with an increase in dollars spent of 10.19 per cent, compared to the same period in 2012 – fast-food spending volumes fell throughout the second quarter (11.53 per cent in April, 8.07 per cent in May and 7.25 per cent in June). Book stores experienced the highest level of growth within the retail category (16.88 per cent), compared to Q2 2012, followed by bicycle shops (8.84 per cent) and pet stores (8.02 per cent). In fact, bicycle shop sales saw steady increases in dollars spent throughout the quarter, at 5.32 per cent in April, 10.58 per cent in May and 7.81 per cent in June, compared to the same period last year.
Grocery spending, on the other hand, fell by -1.07 per cent in Q2, compared to the same period in 2012. For the second straight quarter, apparel category sales continued to lag in Q2, compared to the same period last year, with a modest increase in spending of 0.46 per cent. Despite this overall trend, Q2 sports apparel spending grew 7.45 per cent. Nationally, New Brunswick replaced Alberta as Canada’s highest-spending province in Q2, with a growth of 6.61 per cent in consumer spending, compared to Q2 2012. While Alberta saw its Q2 2013 spending grow in April (6.32 per cent) and May (7.46 per cent), its consumer spending dropped significantly in June (3.90 per cent), likely a result of devastating floods that recently affected the province. Overall, however, Alberta placed second in Canada in terms of overall spending in Q2 2013, with a 6.10 per cent spending increase, compared to the same period last year. Conversely, PEI (3.80 per cent), Nova Scotia (2.29 per cent), British Columbia (1.99 per cent) and Quebec (0.27 per cent) experienced the lowest levels of growth in Q2, compared to the same period in 2012. However, despite modest growth in April (2.24 per cent) and May (0.41 per cent), PEI saw its consumer spending jump significantly in June (11.07 per cent), likely due to the island’s busy summer tourism season. Ontario was situated in the middle of the pack in terms of overall spending, with an increase of 4.19 per cent, compared to the same period last year. “Despite a slight dip in June, Canada’s consumer spending continued to experience steady growth in the second quarter,” said Jeff Guthrie, chief sales and marketing officer, Moneris Solutions Corporation.“Given the consistent pattern of spending increases over the first two quarters of 2013, we anticipate this positive trend will continue into Q3 and the holiday season.”
The Moneris Spending Report provides a snapshot of consumer spending activity in Canada by analyzing credit and debit card transaction data. As the market leader with the largest merchant base, Moneris presents detailed analysis and insight on a quarterly basis. The percentages cited are derived from actual sales volumes - the dollar values of credit and debit card transactions being processed by merchants. As one of North America’s largest providers of payment processing solutions, Moneris Solutions Corporation (“Moneris”) offers credit, debit, wireless and online payment services for merchants in virtually every industry segment and processes more than three billion transactions, annually. Through its Ernex division, Moneris offers electronic loyalty and stored-value gift card programs. With more than 350,000 merchant locations, Moneris provides the hardware, software and systems needed to improve business efficiency and manage payments. For more information please visit www.moneris.com.
Please say you saw it in The Commercial Investor
11
Commercial Real Estate & Business Opportunities
BE SEEN IN THE LIMELIGHT! Highlight your hot, new and unique listings.
Benjamin May Sales Representative
519.570.4447 11277057_2913
HIGH FOOT TRAFFIC
Feature 2 properties and your agent photo in a full colour quarter page ad.
Reserve your space today! 416-784-5060.
Cell:
519.574.0690 $10.00 PER SQ FT NET Restaurant space nestled in Kitchener’s down town core ONLY steps from New Regional Court House & large office buildings BRAND NEW Professional grade Kitchen!! 3100 sq ft restaurant space.
2913_DJW_0001
FANTASTIC LOCATION
2913_DJW_0002
$8.00 SQ FT NET
Ideal for Financial/Law Firm/ Medical practices, steps from New Regional Court House, 4 private executive offices, Boardroom, Main Reception, Lounge, Large open concept workspace, with parking. 1600 sq ft Office/ Retail. MLS #1324382
LOCATION LOCATION!! $8.00 SQ. FT NET
2913_DJW_1114
Only steps from NEW Waterloo Regional Courthouse, beautifully finished and spacious 2nd floor turnkey office space!! Suitable for Law Firm/Financial/Medical and Retail 2 private executive offices with private reception area, 2 large open concept workspaces, 2 boardrooms with lots of natural light, with parking. 3200 sq ft Office/Retail. MLS #1324384
Empire Real Estate Service Ltd., Brokerage • Cell 519-820-6571 1-800-461-9416 Email DouglasRielly@gmail.com
8305540_2913
Office 519-767-2392 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
Kitchener/Waterloo Guelph & Cambridge
Volume 13 Issue 08
12
Volume 13 Issue 08
Commercial Real Estate & Business Opportunities
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
FULL SERVICE - RESIDENTIAL COMMERCIAL & INVESTMENT
RE/MAX Real Estate Centre Inc., Brokerage 766 Hespeler Road Cambridge, ON N3H 5L8 Independently Owned & Operated
519.623.6200
$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!
$399,000
Super commercial zone change opportunity. Busy, busy traffic exposure directly on main artery. Loads of parking. Currently zoned residential. MLS® 1392002
TeAm AmiT Airi
te a m a m i t a i ri @ g m a i l . c o m
$
2113_DJW_1_0772
$549,000
Broker, B. Science, D. Pharmacy
BrAnd new Building
$5.00/SQ. FT.
High visibility - extensive traffic exposure. Quick & easy access to major roadways. Zoning permits office, warehouse, wholesale, vehicle sales & service, etc. MLS® Northfield
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® 1331099
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!
11269765_2913
Each office independently Owned and Operated
$799,000
Amit Airi Off:
519.623.6200
Good traffic exposure. Long building set-back. Variety store, 3 bedroom bungalow & auxiliary building. Situated on 1.9 acres. MLS® 1391689.
2513_DJW_1_0056
2913_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® King
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
|
W W W. A M I TA I R I . C O M
8148789_2913
COMMERCIAL PROPERTIES 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
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.
Please say you saw it in The Commercial Investor
Volume 13 Issue 08
13 Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
11277227_2913
Rob Woods BROKER
rwoods@edgerealtysolutions.com
519-846-7653 127 Metcalfe St., Elora, Ontario N0B 1S0
FERGUS RESTAURANT & BUILDING FOR SALE
ELORA COMMERCIAL/RESIDENTIAL PLAZA
Price includes: property, business, chattels, fixtures. Building extensively renovated over past 5yrs. Business currently caters to lunceon clientele but could easily be set up for fine dining. The business currently operates with a liquor license for 30 (interior), 48 on the patio and 30 on the ground in rear yard. Also includes 2 fully finished bed and breakfast suites. 2913_DJW_0020
5000 SQ. FT. HWY 6 COMMERCIAL UNIT
Plaza 10 unit building built in 1989 features 5 commercial units and 5 one bedroom apartments. All tenants responsible for their own utilities. Currently one commercial unit vacant. When the building is fully occupied it will generate a gross yearly income of $120,000. 2913_DJW_0021
HIGHWAY 6 COMMERCIAL LOT
Unit over 5,000 sq ft located near door to Walmart on Hwy 6 in Fergus. Unit has CAC, natural gas and lots of parking. This unit is divisible into 2 units, one - 2806 sq. ft. & 2200 sq. ft.
5.14 commercial lot zoned C2 located new Walmart at North end of Fergus. Lot has access to municipal services. Presently there is an old stone house on property. It is a corner lot with frontage onto Hwy 6 as well as Sideroad 19.
2913_DJW_0023
2913_DJW_0024
Please say you saw it in The Commercial Investor
14
Commercial Real Estate & Business Opportunities
Volume 13 Issue 08
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
Volume 13 Issue 08
15
Commercial Real Estate & Business Opportunities
696 Hamilton Rd., LONDON, Ontario
519-451-2696
SALeS rePreSentAtive
Joe Pinheiro
519-389-4344 Email: r.e.brown@bmts.com | Cell: 519-706-0125
Broker of Record
PORT ELGIN INVESTMENT OPPORTUNITY
Southwest Ontario
Port eLgin, on
8847751_2913
PINHEIRO REALTY & INS. LTD
RON Brown
COMMERCIAL OFFICES/ WORKSHOP
N
Ew
PR
Ic
E
Property has 1,200 s/f of office sp. Plus kitchen & meeting rms, also 1,000 s/f shop & attached garage. Ideal for insurance, medical, real estate near downtown location. Move-in condition. Call JOE! 2913_DJW_2_0051
2913_DJW_5001
3.14 ACRES IN LONDON POTENTIAL DEVELOPMENT
With a 1-3/4 storey home that has been fully renovated! Great potential development for 7 residential building lots (plans available). Asking $329,900. Call JOE! 2913_DJW_0051
2913_DJW_2_0050
COMMERCIAL/RESIDENTIAL
Six 2- bedroom year round cottages on a 132’ x 126’ lot. Cottages have been extensively renovated in the past few years and are in a great location just a short walk to beautiful sand beach and harbor. Presently fully rented on a month to month basis. Potential for weekly summer rentals. Appraised in 2012 for $713,000. Listed for $399,900.
Great value, 2,000 s/f building with office/reception & warehouse space + 2 bdrm home and 800 s/f coverall building. Many updates and great location. Asking $279,900. Call JOE! 2913_DJW_0052
9128459_2913
11277077_2913
gRey bRuce ReaLty inc., bRokeRage
11277266_2913
Locally Owned & Independently Operated PO Box 1029 Owen Sound, ON N4K 6K6
Hurley Real Estate Brokerage Independently Owned & Operated
Sharm McLean
(519) 759-6800
SaLeS RepReSentative
swmclean@rogers.com
Cell (519) 755-0830
519-372-5276 acRoSS FRoM oWen SounD city HaLL
Broker
michaelhurley@rogers.com
BRANTFORD OFFICE BUILDING
Downtown Brantford Commercial Office Building. Great location, and a sleek looking building. 7% cap rate with a lot of upside potential.
Commercial/Residential recently retrofitted. Fully leased....4 stores 9 apartments. Asking $1,200,000. 9.9% cap rate. 2913_DJW_0017
Michael Hurley
$1,550,000
2913_DJW_1_0133
RESIDENTIAL BRANTFORD TRIPLEX
Apts in excellent condition. Rents are $900, $900, $650. Great cash flow.
HigHLy viSibLe StRip pLaZa in oWen SounD Fully leased... 2 buildings. 8 tenants. Asking $2,200,000.
ASKING PRICE $269,000
2913_DJW_1_0134
2913_DJW_0018
CONTACT SHARM MCLEAN FOR ANY PROPERTIES IN OWEN SOUND
For lease: 3500 sq. ft. free standing building with drive thru and parking. Ideal for any national fast food or coffee chain.
Please say you saw it in The Commercial Investor
For sale: National franchise fast food business. Be your own boss. Annual Net Income over $140,000. Call or email for details.
16
Volume 13 Issue 08
Commercial Real Estate & Business Opportunities
Patrica Harkins
Broker
Sarnia Realty Inc., Brokerage
542-9999
Cottage could rent for $550. Granny suite $550 and live in this character home. Vendor wants it sold. For more info contact Patricia Harkins Remax Sarnia @ 519 542 9999.
MLS 201361653
2913_DJW_1_0033
2913_DJW_1_0032
$129,900
MLS#201257094
Saddler Creek Rd., waterfront acreage 4plus ready to build, can create lots within lots. Property located on Lake Huron. Vendor will help finance.
$49,900
MLS#201257096
Saddler Creek Rd. with lake front access, 4plus acres, overlooking Lake Huron. Vendor will help finance.
MLS#201257093 $29,900 $159,900 Stokes Bay - Across from Deep Harbour, ready to build $29,900. Vendor will
help finance.
This 6 year old Bed & Breakfast named BULLY for YOU consists of a complete separate unit, excellent main home with a gourmet kitchen, 3 full baths. Located in the Town of Petrolia, looking for a new owner. Contact Patricia Harkins @ 519 542 9999. MLS 20136012
$29,900 - $39,900
MLS#201362520 - $29,900 MLS#201362532 - $39,900
Georgian Bay - Lots starting at $29,900 - $39,900 located on the escarpment. All lots ready to build, located on the escarpment, near the favour BRUCE TRAIL and overlooking GEORGIAN BAY
Contact Patricia Harkins @ Re/Max 519-542-9999 or email direct to pharkins@cogeco.ca
$299,900
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
McIntee’s Top Salesperson
2004, 2005, 2006, 2007, 2009, 2010 & 2011
$1
,4
99
,9
00
,0
00
00
8297239_2913
11276413_2913
VACANT LOTS LOCATED IN THE NORTHERN BRUCE PENINSULA
COME TO SARNIA ONTARIO TO PURCHASE AFFORDABLE INVESTMENTS
$5
Southwest Ontario
(519)
pat.harkins@remax-sarnia-on.com
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. 2913_DJW_3_0039 2913_DJW_6_0040 2913_DJW_2_0037 2913_DJW_2_0038
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.
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. 2913_DJW_3_0032 2913_DJW_4_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
Volume 13 Issue 08
17
Commercial Real Estate & Business Opportunities
Business is at a Crossroads... It’s called Woodstock, Ontario David Hilderley Brian Keeping Sales Representative Sales Representative 519.537.1469 Cell: 519.421.8911 www.DavidHilderley.com 519.535.0381 www.DonPatchett.com david.hilderley@centrury21.ca
2913_DJW_0091
2913_DJW_0090
10863226_2913
Don Patchett Sales Representative
2913_DJW_0092
Office: 519.539.5646
2913_DJW_1_0078
PRIME CORNER LOCATION 1941 square feet. Wheelchair accessible. Reception area, offices, washrooms and large open area. Plenty of parking. Located on Woodstock’s main street with easy access to the 401. Call Brian
2913_DJW_1_0077
BUILD YOUR BUSINESS HERE $79,900. Approximately 1 acre of flat, vacant land located on a major road on the west end of Woodstock. Zoned Highway Commercial C4, there are dozens of opportunities to build your business right here! Call Dave.
2913_DJW_1_0073
SUPER LOCATION Looking for professional office space in Woodstock? This unit features 2181 sq. ft. of finished offices with ample storage, washrooms, and a lunch room. Elevator, handicapped washrooms, generous foyer, large windows for natural light and ample phone/electrical outlets. Landlord is willing to discuss and implement a different configuration or leasehold improvements. Call Dave.
CHEAPER THAN RENT!
GREAT TENANTS
BUSY CORNER, SALE OR LEASE
$99,900 Zoned M3 ‘General Industrial’. Clean unit used for storage. Low fees, quick closing available. MLS 71781. Call Don.
$159,900 in the core of Woodstock’s BIA, good income, former fur storage facility has vault, security system. Municipal parking adjacent. MLS 71291. Call Don.
$349,900 Zoned C5 ‘Central Commercial.’ Former salon has retail & residential space. Excellent high traffic location for your business! MLS 68512. Call Don.
George Gicopoulos
Sales Representative
Royal LePage Triland Realty, Brokerage*
Magnificent building, circa 1889 with it's impressive architecture and Clock Tower towering over the middle of town. This historic building houses the impressive, upscale 'Clock Tower Inn' with 8 recently and completely renovated suites, plus the successful 'Strathroy Ale House' Pub/Restaurant with an excellent patio. Sale of property only or 'business only' will also be considered with option on the property.
8155109_2913
2913_DJW_0045
STRATHROY - $895,000
*Independently Owned and Operated
SARNIA - STEAKHOUSE + PROPERTY - $1,195,000
Great business with short hours 11:00 a.m. to 9:00 p.m. Great opportunity for the Entrepreneur. Licensed for 210 inside and 70 on the patio. Great visibility, corner property. 1.3 acres with plenty of excess land for re-development. Close to Blue Water Bridge. Call George for details.
COOKHOUSE BUSINESS FOR SALE - $325,000
Money making opportunity! Licensed for 90 inside and 40 on patio with approx. 3,000 sq. ft. of space. Plenty of parking and great visibility. New long term lease to be negotiated. The only restaurant of its kind in town of 7,500 population. Call George for details. 2913_DJW_0046
RENOVATEd BUILdING IN WOOdSTOCK - $389,900
1713_DJW_0034
1713_DJW_0032
Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepagecommercial.com www.georgegicopoulos.com www.royallepagecommercial.com
LONdON 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.
Please say you saw it in The Commercial Investor
Well maintained and recently renovated in 2005. Located in downtown Woodstock. Ideal scenario for owner/user with main floor tenant paying the mortgage. Upper 2,800 sq.ft. of space also available for lease at $1,575/month. Call George for details. 2913_DJW_0047
Southwest Ontario
Century 21 Heritage House Ltd., Brokerage Independently Owned and Operated
18
Commercial Real Estate & Business Opportunities
Southwest Ontario
11275472_2913
Volume 13 Issue 08
Please say you saw it in The Commercial Investor
19
Southwest Ontario
Commercial Real Estate & Business Opportunities
11258100_2913
Volume 13 Issue 08
Please say you saw it in The Commercial Investor
20
Volume 13 Issue 08
Commercial Real Estate & Business Opportunities
Sal e S Re pR e Se ntat i ve
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
2513_DJW_3_0040
EXCELLENT COMMERCIAL
$159,000
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.
$169,900 REDUCED $145,000
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
$290,000
2513_DJW_2_0041
SPACIOUS BUILDING
2513_DJW_5_0044
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
2513_DJW_2_0045
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
Paul Manion 11277481_2913
Sales Representative
Royal LePage Your Community Realty, Brokerage
Independently Owned and Operated
TOWN OF LISTOWEL
$2,500,000 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
2513_DJW_1_0005
2513_DJW_1_0004
Southwest Ontario
11007505_2913
Dave Spencer
Ontario’s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate
416.784.5060 1.877.269.8257
for advertising call toll free
905.731.2000 Please say you saw it in The Commercial Investor
21
Commercial Real Estate & Business Opportunities
9992168_2913
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.
2513_DJW_1_00402
2513_DJW_1_0043
2513_DJW_3_0044
Renate SiebeR Land exchange Ltd. brokerage
Wingham
broker of Record
519-357-3332
Cell:
519-531-1177
Independently Owned and Operated
262 Josephine St., Wingham
11264376_2513
$194,900
www.remaxlandexchange.ca 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
$325,000
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.
2513_DJW_1_0136
Please say you saw it in The Commercial Investor
MLS# 262000
2513_DJW_1_0137
Southwest Ontario
Volume 13 Issue 08
22
Commercial Real Estate & Business Opportunities
Volume 13 Issue 08
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Hamilton COverIng: Ancaster • Caledonia • Cayuga • Dundas • Dunnville • Grimsby • Hamilton • Haldimand • Stoney Creek For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 13 Issue 08
23
Commercial Real Estate & Business Opportunities
Rob Golfi
Sales Representative
905-575-7700 www.GolfiTeam.com
HamilTON mTN $259,900 GRIMSBY $479,900 288 Road West 421Kemp Concession St.
Unique property zonednear for private club recreation Desirable location Juravinski Hospital.use, 2 Parkingforspaces. Basement apartment.onPossible suitable many types of organizations 25 acres of2nd land1 bedrm apartment on 2nd floor. Main hall floor2500 currently with mutual picnic area. Banquet/dance square retailwith space. For salefireplace, buildingfullonly. Buyer tobarverify feet 12’ ceilings, kit facilities, area, use. check, H zoning allows&many uses.basement for storage. coat bathrooms spacious
HamilTON cTr $289,900 673 King Street East
HamilTON mTN $975,000 516-526 Concession Street
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.
LE
AS
ED
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.
beamsville $235,000 4993 King 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.
HamilTON mTN $750/mONTH 518 Concession Street
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_2913
SaleS repreSentative
905-662-6666 www.cosmocosta.ca
9742018_2913
cosmo costa “Your Investment Property Specialist”
state realty brokerage
Newer building 2 storey construction, maint free ext. Full rear parking consisting of 1200 sq. ft. commercial office space and 5 X 1 bedroom units. Newly contstructed brick building housing 5 one bedroom apt. and 1200 sq. ft. building with paved rear parking. Looking to sell or trade for 2-6 year old house in the Winona/Stoney Creek. MLS # H3111896. 2913_DJW_0005
24 hrs notice to view this updated building consisting of 650 sq. ft. of comm space. 3 X 1 bedroom units. Bldg has a finished basement w/a 2 pc bathroom. Tenants pay hydro. For sale or trade for house of similar value located between Gage and Parkdale South of Cannon. For details and remarks on building call listing agent. MLS # H3111897. 2913_DJW_0008
Saturday showings only. This property is a legal 4 unit residence. Recently renovated, 100 amp service, newer plumbing, roof and furnace. Parking at rear. Seller may assist in a second mortgage if needed. MLS # H3108088. 2913_DJW_0013
Excellent 5 unit building on a main route consisting of 4-1 bedroom & bedroom units. Solid construction with 3 hydro meters. 24 hrs. to view, contact listing agent for showing. Tenants would not allow to measure units. Contact listing sales rep. for info on these two buildings. They have to be sold together with 827 King as a package. MLS # H3110727
Solid building in a high traffic location. Corner exposure just blocks from the General Hospital & Ivor Wynne Stadium. This building consists of approx 3,700 sq. ft. on main level plus a full basement and 2 offices upper level of approx. 600 sq. ft. plus 2 bathrooms w/shower. Electrical all updated to 220 amps. Could suit many uses. MLS # H3107540. 2913_DJW_0014
Excellent investment property steps to downtown core, Liuna station & other amenities. Newly renov’d solid 6-plex building consisting of 2 - 2 bdrms, 3 - 1 bdrms & 1 bachelor. Property has 4 hydro meters, mutual drive & 2 car garage at rear. Tenants would not allow to measure rooms. Min 24 hr notice req’d. MLS # H3110449. 2913_DJW_0015
Pride of ownership best describes this investment building consisting of 2-2BRS, 2-1BRS, 1 bachelor unit. Solid brick construction, updated plumbing & electrical services, 5 hydro meters & steel rear fire escape. 24-hrs notice to show. Tenants w/not allow to measure units. This property must be sold together with 823-825 King St. E. as a package. MLS # H3110676
principals only please Please say you saw it in The Commercial Investor
Hamilton
WaTerfOrd $399,900 0 Mechanic St. West
24
Volume 13 Issue 08
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).
1713_DJW_1_0073
HAMILTON CENTRE 4 PLEX
WEST HAMILTON 20 ROOM RENTAL BUILDING
$269,900
1713_DJW_1_0106
2513_DJW_0084
ANCASTER INDUSTRIAL UNIT
HAMILTON CENTRE 4 PLEX
HAMILTON CENTRE TRIPLEX
1713_DJW_1_0105
$259,900 South Central location. Close to downtown. Currently vacant. 2 - 1 br, 1-2 br. Possible completion of basement to 4th unit. Parking on site.
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.
$264,900
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.
HAMILTON CENTRE TRIPLEX
$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 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.
2913_DJW_0111
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.”
HAMILTON CENTRE - COMMERCIAL/ RESIDENTIAL BLDG.
$879,900 Excellent Hamilton West location. Newly constructed building. Gross Annual Income of $104,820 approx. Lot size: 52.77 X 208.47. Super energy efficient, engineered building with 20 rooms, 3 floors, each floor has 2-3 pc baths plus a kitchen. Laundry on 1st & 2nd floor. Across from Victoria Park. Parking for 9 cars. Wheel chair accessible building.
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
$169,900 Renovated - 3 family property on major street south of Main St. Separate hydro meters for all unites. Suit possible commercial professional use.
1713_DJW_1_0016
HAMILTON DOWNTOWN $1,295,000 DEVELOPMENT SITE
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
Please say you saw it in The Commercial Investor
$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
8471320_2913
Hamilton
HAMILTON INCOME PROPERTIES
25
Commercial Real Estate & Business Opportunities
GA
RE AC ARM 58 BY F B HO 8191 HIGHwAY 3, DUNNVILLE. $599,000
NEw PRICE! 2990 HIGHwAY 6. JARVIS. $399,000 Turn key Garden Centre/Greenhouses operation on 2.85 acres w/about 450ft of frontage located on busy Hwy 6 about 30 min south of Hamilton. Includes 2 entrances with large road sign, 2 portable signs, entry posts w/potential for gates, 120 ft glass storefront, 12,000 sq ft greenhouse space w/lighting. 8000 sqft retail tree/shrub area, 4000 sqft retail perennial area, full injected fertilization system, soil bale breaker system, drip lines for hanging baskets, all display shelving w/tables, tiered displayers and racking, 2 cov’d cashier counter areas, computer cash register systems w/inventory program, 2 washrs, 12’x50’ office trailer and 2 storage trailers (53’&35’). Property is zoned Agricultural allowing for expansion and includes a 4 bedroom farmhouse with new roof shingles (12), some new windows, updated 100 amp wiring, nat gas, city water and high speed internet. Call Darren for a complete contents list. MLS H3106951 2913_DJW_2_0015 2913_DJW_2_0116
6.
3 BLDG LOTS AC M 13 Y FAR B B HO
L RE TAI T RE CEN N DE AR
S
RE
C 9A
G
2913_DJW_1_0108
Serenity now! 58ac Horse Hobby Farm. Immaculate 3 bdrm, 2 bthrm, one floor ranch. This nature lover’s paradise includes about 40ac woods, nature trails, wildlife, about 10ac pasture w/hay, sandy loam soil, 28x36 horse barn, 14x12 tackrm, 2 paddocks, 60x32 stl clad shop w/12000lb car hoist, 60x20 coverall, large dog run, bridge and pond. A pleasure to view! Call Darren Papineau to view. MLS H3111619.
3100 HALL RD. BINBROOK. $589,000 700 FORKS ROAD, wELLAND. $399,900
Turn key Garden Centre/Greenhouse operation on 6.9 acres of great gardening soil located in Welland with about 570 ft frontage on a well travelled road - great for sales of plants. 10,000 sqft of greenhouses cutter connect with natural gas forced air heat and roof venting, 400 amp hydro, glass front entry with east, north and south rollup sides, set up for a retail environment with 2000 drip lines for hanging baskets, fully benched plus heated 1200 sq ft cold frame structure, large retention pon, approx 20,000 sqft of outside water fed crop area, ample parking, outdoor fenced compound for nursery stock and a covered area. Zoning allows for single family residence and/or expansion of Greenhouses. Great clean operation. Call Darren Papineau to 2913_DJW_2_0114 view. MLS H3101064 2913_DJW_3_0112
3 BLDG LOTS C 9 A RM 3.8 Y FA BB HO
C 1 A LOTS G BLD
2913_DJW_3_0109
Raised ranch on 13 ac set up for horses. Incls 5 stall barn (50x30), (40x20) heated tackrm, (former dog kennel), (30x24) run-in shelter, paddock, 3 pastures w/recent oak + electric fence and pond. Updated home features 2+2 bdrms, 2 bthrms, modern kitch w/brkfst bar o/cont liv/din w/wed f/place accented w/stone & fin’d basement. Located minutes to Binbrook & Hamilton. Call Darren Papineau to view. MLS H3106641.
6075 RAINHAM RD, DUNNVILLE. $339,900 Classic 3 bdrm century home on almost 4 ac set up for horses. Great setting w/ det gar/shop (16x20) small horse barn w/ tack room, paddock, indoor riding arena (40x80), heated home gym building (32x32) w/ washrm. Home features lrg rooms, 2.5 baths, 2 staircases, nat gas h/eff furn, wd stove, most new wndws, recent shingles, updated electrical & plumbing. Call Darren Papineau to view. MLS H3108162.
EMPIRE COUNTRY ESTATES YORK - LOTS STARTING AT $339,900
Unlock the door to exceptional real estate value! Prestigious development with 39 country sized lots - all over 1 acre. Bring your own custom floor plan or work with ours to build your Dream Home! Subject to Architectural desing, landscaping & size standards. Call for more details or visit www.EmpireCountryEstates.com. Call Darren Papineau to view. MLS H3065048 2913_DJW_3_0121 2913_DJW_2_0110 2913_DJW_2_0123
LDG
2B
7
2913_DJW_2_0111
3 BLDG LOTS E FIL RO ON P I H T HIG LOCA
S
IT UN
212 TAYLOR ROAD, DUNNVILLE 95-99 BELL ST., PORT COLBORNE $259,000 7 units, 2 buildings, many recent renovations include 2 new furnaces, flooring and paint finishes. Front building has 3 units, back has 4. Lots of parking, lawn area and room for garage. 2-3 bedroom units, 3-2 bedroom units and 2-1 bedroom units. Good east side location, close to schools and amenities. ideal investment opportunity with about $30,000 net income. Contact Darren for estimated financials and building value details. MLS H3103292 2913_DJW_3_0110
2913_DJW_4_0109
Please say you saw it in The Commercial Investor
Industrial zoned property suitable for a variety of uses. Ideal location near commercial development in Dunnville (neighbours are Canadian Tire, Sobeys, Tim Hortons). Currently used as contractor’s shop w/landscape supply outlet. Approx. 38’x60’ steel bdlg w/3 recent large o/h doors & 200 amp service and lighting, spacious gravel parking area with great exposure for retail sales. Fabulous re-development potential. Call Darren Papineau to view. MLS H3099719
Hamilton
M OO DR E E 4 B HOM
E L TAI TR RE CEN EN RD
2913_DJW_1_0107
11275490_2913
Volume 13 Issue 08
26
Volume 13 Issue 08
Commercial Real Estate & Business Opportunities
WHERE TO INVEST? REAL ESTATE OR STOCKS? By Dino Nicosia, Broker Of Record,
Investpro Realty and Appraisal Ltd.
Hamilton
In recent months, there’s been a lot of debate as to whether to invest in Stocks or buy Real Estate as a safe hedge against inflation and to build wealth. Given the current predictions of a drop in property prices, and the unpredictable Stock market, I still maintain Real Estate will continue to be the better choice. To prove that Real Estate will still be a smart investment decision, let’s examine the potential of both. We have all heard of the many riches that both Real Estate ownership and the Stock market can bring, but unfortunately we also have heard of the horror stories from both types of investments that had gone terribly bad. As you are probably aware, the stock market can fluctuate dramatically and you have little control on what happens to your investment. You pray and hope that your stocks do not plummet because of bad news migrating from some foreign country, or another Ponzi scheme creating havoc in the market. Make no mistake, we have witnessed overnight swings that had made people rich in the Stock market; however we have also seen in other cases sending investors to bankruptcy. We know that Real Estate owners are not shielded from such peaks and valleys, exemplified by the boom of the late 1980’s and the subsequent recession in the early 1990’s. However, it is important to note that the swings in Real Estate are more predictable and not as severe. More importantly you have more control on the investment. In addition, Real Estate investment is unique from the Stock market because real wealth is achieved by using leverage. As an example, with leverage an investor could buy a real estate asset worth $1,000,000.00 with as little as a $100,000.00 investment. You cannot use this leverage with stocks. With stocks you are basically buying dollar for dollar. One of the greatest benefits to Real Estate investing is that it’s probably one of the more accessible ways to invest using borrowed money. So often I hear people say they don’t like borrowing because they believe that being in debt depletes their personal net worth. This is true; consumer debt-loans to pay for a car, a vacation, or other non-investing debt, will be a burden on a person’s potential net worth. However it’s not in the same category as an asset-backed debt. Asset-backed debt-loans secured by a potentially appreciating asset, such as real property, can be a great way to use leverage to increase a person’s net worth. Also keep in mind the cost of interest on the loan used to invest, is tax deductible. In my view, borrowing to buy Real Estate makes for a good, long term investment strategy. A great example of that benefit is that a house in Burlington
Ontario (30 minutes West of Toronto) in 1980 sold for $100,000.00. Today that same home is worth over $600,000.00. That is tax a free gain as a residential home, or a capital gain as an investment property. History shows that buying an investment type of Real Estate will over time build wealth. An experienced investor is able to buy on short term and by flipping properties will earn good profits as well. However that is a high-risk strategy. What I am promoting is a longer-term investment plan. Great wealth is generally achieved by long term holdings and allowing the equity to grow. When buying Real Estate, the best way investors can avoid risk is to focus on cash-flow positive properties. That means the rental income covers all your expenses, including the mortgage, taxes, insurance, maintenance, repairs and a contingency fund; and have extra cash at the end of the month. That way your property will be making money for you whether real estate prices go up or down-so hopefully, you’ll never be forced to sell in a down market. The following are some of the many advantages in a long-term real estate investment plan which will build your retirement nest egg. • Building Net Worth over time from capital appreciation
a) Are you prepared and do you have the energy, to devote as much time as necessary to looking after your investment? Unlike Stocks, you have to be more involved on daily basis. b) Do you have enough retirement savings and investments to retire comfortably without such real estate investments? c) Are you going to be able to send your children to university, with your present income and net worth? d) Since real estate is not liquid, is liquidity a concern for you? Stocks or Real Estate? I say “Can you afford not to buy Real Estate?”
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: http://twitter.com/#!/DinoNicosia
• Take advantage of the many tax advantages • Cash flow and residual income, • Capital gain on sale (or tax free on your home) • Equity growth through mortgage principal pay down There are important questions you need to ask yourself, before you consider in entering the world of Real Estate investments; 8171452_2913
Please say you saw it in The Commercial Investor
27
Commercial Real Estate & Business Opportunities 9558936_2913
Brokerage The Apartment Building Specialists
www.investprorealty.com 7 UNITS
PHONE: 905-631-6500 FAX: 905-631-6505 dino@investprorealty.com 24 UNITS CE
I
2913_DJW_3_0057
2913_DJW_1_0100
46 UNITS PR
2913_DJW_1_0145
W NE
2913_DJW_2_0071
Dino Nicosia, Broker of Record
“Your Investment Partner for Life”
London Ontario. Visit our website for details. our website.
6 UNITS - EAST HAMILTON
5 UNITS
14 UNITS 2913_DJW_2_0058
2913_DJW_0053
30 minutes from Hamilton. Only 8 years old. For more details visit our website.
2913_DJW_1_0084
In desirable Stoney Creek.
West Hamilton near waterfront. For more details visit our website.
East Hamilton near Gage Park. Great condition. Visit our website for details.
6 UNITS
12 UNITS HAMILTON
21 UNITS INFIND DUNDAS RARE
In one of the best locations in Niagara Falls (bring all reasonable offers). For more details visit our website.
Old charm, converted mansion.
2913_DJW_2_0086
2913_DJW_1_0095
2913_DJW_0054
Most apartments are renovated. Spacious units. 8% Cap Rate.
(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
Hamilton
Volume 13 Issue 08
28
Volume 13 Issue 08 10932058_2913
Commercial Real Estate & Business Opportunities
iuM EM ON pr caTi LO
3 UNITS
Hamilton
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.
r
2513_DJW_0070
25 UNIT APARTMENT BUILDING
2 UNITS ST
WE
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.
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.
N
MT
SOLD • Asking $344,900. • (2) semi-detached homes on one title. • Separate hydro, gas meters, and 2 driveways.
iN rShi iVE
E Ec
• West Mountain location. • Complete net rents except water and taxes. • ‘B’ side fully re-done to builder spec. 2513_DJW_0071
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.
2513_DJW_0072
10339498_2913
‘ Comprehensive Investment Property Advice’ 17+ years Private Realty & Commercial Investment Experience
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 2913_DJW_0025
2913_DJW_1_0060
EAST HAMILTON MOUNTAIN
240
JOHN@BBSREALTY.COM
RETAIL/OFFICE FOR LEASE
2913_DJW_1_0140
RETAIL/OFFICE FOR LEASE
529-5900 X
CENTRAL HAMILTON MOUNTAIN
WEST HAMILTON MOUNTAIN
OFFICE FOR LEASE
RETAIL/OFFICE FOR LEASE
RETAIL/OFFICE FOR LEASE
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.
2913_DJW_1_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.
2913_DJW_0026
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.
2913_DJW_1_0109
Very busy plaza, prime East Mountain location. Many national tenants in complex with a good mix of retail & office uses. Units availale: Unit 8 - 1283 sf, asking $10.95/sf net and second floor office units of 450, 700 and 1584 sfr, asking from $14.95 to $16.95/sfr Gross. Abundant on-site parking. Immediate possession.
DUNDAS
Great plaza location w/prime exposure on Governor’s Rd in Dundas. Located across from 3 schools and serving a large affluent residential area. Available space includes Unit 4&5 - 3,322 sf, former doctor’s offices (divisible) and Unit 10 - 1,100 sf. Ideal for most medical, office or retail uses. Immediate occupancy, abundant parking. Call for details.
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
Volume 13 Issue 08
29
Commercial Real Estate & Business Opportunities
COMMeRCIaL/INVeSTMeNT POTeNTIaL IN JaRVIS Rare .79 ac plan of subdivision approved parcel of developed land. All services at or near lot line. Allows for const of 24 unit condo res complex comprosed of 6-1000 sqft units/flr. Outside pkg for 38 vehicles. Buyer resp for all charges/permits/ due diligence pertaining to future use. Survey avail.
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.
P $2 arc 99 el ,0 #2 00
Hamilton
P $3 arc 99 el ,0 #1 00
8171399_2913
Re/Max escarpment Realty Inc Brokerage
2913_DJW_1_0081
2913_DJW_1_0082
442 NeW LaKeSHORe ROaD, PORT DOVeR $1,195,000
192 MaPLe aVe, WeLLaND $799,000
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!
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!
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!
2913_DJW_1_0478
2913_DJW_4_0041
2913_DJW_2_0092
2913_DJW_3_0040
112 RaMSeY DRIVe, DUNNVILLe $349,000
2071 MaIN ST S, JaRVIS $764,000
191 eRIe ST, NaNTICOKe $179,000
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. 2913_DJW_1_0047
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. 2913_DJW_1_0065
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. 2913_DJW_2_0042
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. 2913_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.
2913_DJW_1_0091
Please say you saw it in The Commercial Investor
57 CHURCH STReeT, JaRVIS $149,900 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. 2913_DJW_1_0090
30
Volume 13 Issue 08
Commercial Real Estate & Business Opportunities
ASK FOR AL’S ONLINE MARKETING
SEARCH FOR AL ON
FOLLOW US ON FIND US ON
FOR SELLERS & BUYERS SEARCH ONLINE @ REALTOR.CA OR GET THE APP! (FOR SMARTPHONES)
DIRECT LINE VISIT
INDEPENDANTLY OWNED & OPERATED
MOUNT HOPE (IN TOWN)
“YOUR OPPORTUNITY...”
1-855-570-9997
STONEY CREEK
EAST HAMILTON
Used as Auto Repair service station. Leased out for $1800/mth plus utilities. Approx 2600 sq ft 14x14 bay garage includes 2 hoists/1 welding machine. Ask for Al’s on-line marketing today.
999,997
$
OR MAKE AN OFFER 2913_DJW_1_0136
EAST NORTH HAMILTON
“BUILD TO SUIT YOUR NEEDS”
“HOT SPOT”
249,997
$
69,997
SELLER CAN HOLD 1ST MTG 2913_DJW_2_0016
2913_DJW_0060
EAST HAMILTON
“INVESTMENT/PERSONAL USE” $
229,997
$
OR MAKE AN OFFER
894,997
$
High traffic location. Near New Centre Mall/ Walmart. 4000 sq ft, new rear addition 3 OR MAKE AN OFFER 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! 2913_DJW_1_0017
2913_DJW_1_0074
“CALL AL TODAY, PUT YOUR COMMERCIAL INVESTMENT PROPERTY ON THE MARKET!
8310857_2913
brokerage
PRIME ANCASTER SITE!
COMMERCIAL BEAUTY
$2,688,000
CLOSE TO INTERNATIONAL VILLAGE!
$269,900
$329,500
2.5 storey, all brick house; 4 parking spots (one front yard), shopping, restaurants, entertainment, schools, parks; close to public transit and downtown core; new high eff furnace (2013). Please call Larry Szpirglas, Broker/Manager at 905-648-6800 or email szpirglas@judymarsales.com
2913_DJW_0116
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
2913_DJW_1_0124
Highly visible traffic area across from the Smart Centre on Wilson Street W. Future use allows 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
2913_DJW_3_0063
Hamilton
2913_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!
al@alcosentino.com
“BIG GARAGE/INVESTMENT”
“DEVELOPMENT SITE”
219,997
$
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!
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!
TOLL FREE
www.alcosentino.com
ESCARPMENT REALTY INC. BROKERAGE
905-570-9997
Larry Szpirglas Broker/Manager szpirglas@judymarsales.com
Please say you saw it in The Commercial Investor
Volume 13 Issue 08
31 8181662_2913
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
BEAUTY SALON Established convenience store in heart of Downtown Hamilton. Good family business. Good income from Lotto & ATM.
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.
2913_DJW_2_0095
MOVERS
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.
2913_DJW_3_0095
Business Middle Eastern Restaurant. Fully equipped, turn-key offered for sublease. Excellent location on main street, Hamilton Mountain location. Call for further details. Grocery Store. Well established client base. Specializing in Middle Eastern foods and supplies with Halal butcher shop waiting for the right entrepreneur. Please call for details.
10863226_2913
Burloak Real Estate Services INDEPENDENTLY OWNED & OPERATED BROKERAGE SALES REPRESENTATIVES
Desirable location in West Hamilton 3 km from McMaster Univ. approx. 7000 sqft lots of potential, 3000 sqft retail space, 4 office unit in main floor, 7 bedroom, 3 bathroom, 1 kitchen, +2 bedroom in 2nd floor projected rental income $9000/ month. Need TLC.
2913_DJW_0103
Prime development property in Burlington for sale, approx 1 ac land present use flower shop and single detached home. MXG zone allow to wide range commercial development, call listing agent for more detail. LIST AT $2.4 MIL
sukchangkim@gmail.com
Totally renovated building near Tim Horton Field in central Hamilton approx 2600 sqft H-com zone good for any business and professional office. Don’t miss it. LIST AT $349,000
2913_DJW_0105
2913_DJW_0104
2913_DJW_0102
(905) 335-3042 1-800-290-0163
LIST AT $575,000
Please say you saw it in The Commercial Investor
Variety store with 2 building+2 BR apt for sale, high traffic and visual Main St. Hamilton. Well established variety store, good income family business, lots of potential lotto machine, Royal Bank ATM machine, owner retiring.
LIST AT $369,000
Hamilton
BUSINESS
32
Commercial Real Estate & Business Opportunities
Volume 13 Issue 08
11277225_2913
Hamilton
businessbarometer
Small business confidence down sharply in June Ted Mallett, Vice-President & Chief Economist
O
ptimism among owners of Canada’s small and mid-sized businesses tumbled in June. CFIB’s Business Barometer Index fell almost three points from May’s reading to land heavily at 59.4 this month. It is the fourth consecutive monthly decline and the first time the index has been below the 60 mark since July 2009. On a scale between 0 and 100, an index above 50 means owners expecting their business’ performance to be stronger in the next year outnumber those expecting weaker performance. One normally sees an index level of between 65 and 70 when the economy is growing at its potential.
Weak demand appears to be driving the sentiment. Only 73 per cent of respondents report new orders to be at or better than normal, while 40 per cent say domestic demand is a limitation on business expansion – both out of tune with recent years’ results. Not surprisingly, more businesses in the past few months are also noting taxation as a major cost concern. Although these results suggest weakness, there are signs that we are nearing a floor rather than breaking though and trending further downward. Short-term employment plans are still net positive, while the general state of reported business health is holding at recent historical norms (40 per cent say ‘good’ versus 12 per cent who say ‘bad’). Overall, the latest drop in optimism is almost entirely centred in Ontario and Quebec, where index levels have hit the mid 50s. Very little change was noted in the still underperforming Maritimes, nor in the above-average West. The consruction, resources and hospitality sectors are weakest, while the information, financial and social services sectors are the most upbeat.
Please say you saw it in The Commercial Investor
33
Commercial Real Estate & Business Opportunities
Hamilton
Volume 13 Issue 08
9866957_2913
Please say you saw it in The Commercial Investor
34
Volume 13 Issue 08
Commercial Real Estate & Business Opportunities
LY
L LD NA SO TIO DI ON
Y ND SO IT LD IO NA LL
CL US
IV
E
CO
IV US
Desirable downtown area. Balconies, elevators and security. Mostly 1 bedrm units. Gross income of $180,000. Selling price of $61,000/ unit. Principals only please.
CL 2913_DJW_0093
HAMILTON CENTRAL - 60 UNITS
EX
EX
EX
CL
US
IV
E
C
E
CO
ND SO IT LD IO NA L
LY
Attractive building. 9 1 bedrm & 9 - 2 bedrm with balconies and lots of parking. Selling price of $1,250,000 at 6% CAP and lots of growth potential. Principals only please.
HAMILTON DOWNTOWN - 26 UNITS
2913_DJW_0094
HAMILTON CENTRAL - 9 UNITS
32 - 1 bedrom & 27 - 2 bedrm & 1 baclr. $62,800/unit. 5 adjacent blgs with lots of parking. Gross income of $455,000. Will assist to arrange CMHC financing. Presently under 3% for 5 years. Principals only.
Centrally located 9 2 bedroom units with excellent cash flow near the Hamilton General Hospital. Asking price $599,000 with 9% CAP. MLS #H3113343.
2913_DJW_0095
2913_DJW_0096
HAMILTON CENTRAL - 4 PLEX
HAMILTON EAST - 2 STORE FRONTS & 1 APT
4 fully rented units plus garage. Excellent CAP rate. Buyer to do own due-diligence. Asking price $224,900. MLS # H3105298.
2913_DJW_0097
Please say you saw it in The Commercial Investor
Great investment property or start your own business. Includes a large parking lot. Asking price $209,900. One unit rented to long-term commercial tenant. MLS# H3113377.
2913_DJW_0098
11277386_2913
Hamilton
STONEY CREEK - 18 UNITS
HAMILTON CENTRAL - 15 UNITS
DUNDAS - 6 PLEX
Well maintained building in a good location of Hamilton. 8 - 1 bedrm & 7 - 2 bedrms. Gross income of $120,000. Asking $63,200/unit. Arrange your own financing.
Impressive 6-plex in an excellent area of Dundas, close to downtown. 5 - 2 bedrm & 1 - 1 bedrm. Good rental income. Asking price $650,000.
E
IV
S LU
C
EX
E
IV
S LU
C
EX
2913_DJW_0099
2913_DJW_0100
TREVISO Condominiums Stoney Creek Elegant Living In A Secure Environment
O c Fa cup ll an 20 c 14 y
• 21 different modesl available • 5 appliances included • Low maintenance fees • Underground parking • Balcony, terrace or patio with all units • 9’ ceilings, granite, ceramic & Mirolin tubs/showers • BBQ pavilion & gardening plots.
LD
%
ER
50
SO
Sales Representatives
OV
www.trevisostoneycreek.ca
For more information on any of these properties, call Italo or email info@gteam.ca More properties are needed. Contact Italo for a free consultation. BUYERS ARE WAITING. 905-662-6666 | www.GTeam.ca Please say you saw it in The Commercial Investor
Hamilton
35
Commercial Real Estate & Business Opportunities
11277477_2913
Volume 13 Issue 08
36 markettrends
Volume 13 Issue 08
Commercial Real Estate & Business Opportunities
Hamilton – the top investment town in Ontario
By Mark Loeffler
F
or many smart and experienced real estate investors, Hamilton, Ontario
is one of the favourite target markets in the entire province – more so than Toronto, Ottawa or other cities. In fact, many rank it as the undisputed number one. The Real Estate Investment Network (REIN), a national network of about 3,000 investors, says Hamilton is the top investment choice in the province through to 2018. REIN loves this market, once known only as a hardworking steel town, for its years of record breaking building permit values and exponential population growth. A forward-thinking local government and economic development team are helping to produce skyrocketing growth and investment potential. Located just an hour from two US border crossings, links to major highways with access to local, national, and international markets, owner of the busiest port out of all the Great Lakes, and access to international rail lines and the Lester B. Pearson International Airport, Hamilton continues to be a prime location to do business, REIN says. In addition, lower housing prices and a short driving distance to Toronto contribute to its appeal. Affordability, in fact, is one of the main drivers of housing demand in Hamilton. Compared to Toronto, the average price of a home in Hamilton is about $140,000 less. Housing demand there is expected to remain stable through 2013, as improving economic conditions and higher net migration support housing demand in the area, according to Canada Mortgage and Housing Corp. (CMHC).
Average home prices in Hamilton are on the rise, but still very reasonable compared to Toronto – $375,381 in February 2013, up 5.2 per cent from $356,980 in February 2012, according to the Canadian Real Estate Association. Toronto prices for the same period climbed 1.6 per cent to $510,580 from $502,508. Gradual improvement in job and income growth during the latter part of 2013, combined with modest price increases, should support Hamilton resale activity through the second half of this year, according to CMHC. Combine these characteristics with improving transit infrastructure, facilitating easier commuting to Toronto and other neighbouring locations, and an increasingly diverse economy, and you begin to see the reasons Hamilton is a favourite among investors and primary homebuyers alike. Investors with rental properties – the typical REIN member – like Hamilton for its strong rental market. In fall 2012, CMHC forecast the vacancy rate would decrease to 3.0 per cent for 2013, as improvement in the labour market will encourage some potential renters, particularly those aged 15 to 24, to form a separate household and lead to higher demand for rental accommodation. Meanwhile, many first-time buyers will likely continue to delay their home purchase until late in the year as homeownership affordability improves some, CMHC says. Improving local economic conditions are expected to attract more immigrants into the area, and subsequently exert downward pressure on vacancy rates in Hamilton. By April 2013, the vacancy rate for a two-bedroom apartment, for example, had increased slightly to 3.1 per cent from 2.8 in April 2012 – but still well within what is considered balanced market conditions. Rent for the same property type, meanwhile, increased to $922 from $876 over the period. For investors who are fortunate enough to own rental properties in Hamilton, this means their properties are in demand, to the extent they can raise rents and therefore contribute to a healthier bottom line. Longer term, the prognosis for solid economic fundamentals continues to look positive. For those looking to sell their rental units in the city, as the economy improves later in 2013, when interest rates are still expected to remain low, prospective buyers could be in a better position to take action.
Mark Loeffler is a sales representative with Keller Williams Edge Realty in Burlington. markloefflerteam.com.
Please say you saw it in The Commercial Investor
8172756_2913
5G
COM
www.realtyforeveryone.com
ritamollicone@rogers.com
11266919_2913
HomeLife/Bayview Realty Inc., Brokerage Independently Owned & Operated
905-889-2200 SHOPPERS DRUGMART
cell:
APARTMENT BUILDING
416-508-2949 PLAZA WEST TORONTO
2913_DJW_1_0098
$2.9M
2913_DJW_1_0016
$3.98M
Rita Mollicone, BA
$3.8M • Long-time regional tenants • High visibility
• Very busy location in downtown Windsor • Triple $225,000/yr plus available space
• Lots of parking • 25 units - 19 2 bed and 6 1-bed • $$$ spent on improvements • 5% cap rate
100 ACRES - GEORGIAN BAY
ASKING $869,900
PIZZA PIZZA
• Walking distance to Georgian Bay’s most beautiful beaches. • Approved for subdivision or build along existing road. 2913_DJW_0041
• Property leased to 2020 - Headlease with Pizza Pizza • Corner property on Danforth • Parking for 10 cars • 9,000 sq. ft. total area • 95 feet frontage 2913_DJW_0040
$580,000
• Great opportunity to own acreage in soughtafter cottage country
• 2 2-bed apartments + 1 bed in basement • Detached with 2 car garage
• Within walking distance to Bluewater Beach • Beautiful beaches and amazing scenery • 1.5 hours north of Toronto
QEW & CENTENNIAL PARKWAY - 45 GODERICH
2913_DJW_1_0009
905-777-0252 ext 304 info@desantis.com
www.desantis.com 6G
100 ACRES GEORGIAN BAY
• Walk to subway
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. 406 sq ft - $400 mthly.
COM
LEGAL DUPLEX • Centrally located
8 MAIN ST. E., HAMILTON
E-mail:
• Cap rate 6.5%
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.
2913_DJW_1_7007
8148088_2913
• Leased to 2021+ options • 9,500 sq. ft. available for lease on 2nd floor • Elevator to 2nd floor, plus parking
11102630_2913
7G
COM
11272352_2913
8G
COM
COM
9G
8155064_2913
BE PART OF THE VIBRANT UNIVERSITY DISTRICT WITHIN WATERLOO, ONTARIO There are many reasons to invest in the City of Waterloo and particularly with KW4Rent within the growing and dynamic university district. KW4Rent is Canada’s largest privately owned Property Management company providing opportunities to market and co-promote to 2000 tenants.
PERCENTAGE INCREASE
1991
1996
2001
2006
2011
City of Waterloo
71,181
77,949
86,543
97,475
98,780
39 per cent
Region of Waterloo
377,762
405,435
438,515
478,121
507,096
34 per cent
Province of Ontario
10,084,885
10,753,573
11,410,046
12,160,282
12,851,821
27 per cent
11277312_2913
The following statistics and facts provide a snapshot of the vibrant economy in this community.
Source: City of Waterloo.
Waterloo Region, which is made up of three urban municipalities, Cambridge, Kitchener and Waterloo, and four rural townships, North Dumfries, Wellesley, Wilmot and Woolwich, is one of Canada’s fastest growing communities, expected to reach 729,000 people by 2031. The growth rate of the Region is nearly twice the Canadian average.
Fast Facts About Waterloo Region1 Waterloo Region is a globally recognized technology cluster. Leading economic sectors are automotive, technology, manufacturing and business. Ranked a Top 5 small “North American Cities of the Future,” by FDI, the Waterloo Region has been ranked as the fourth best place to do business in Canada. Post-secondary students number about 55,000, including 30,000 at the University of Waterloo, 12,400 at Wilfrid Laurier University as well as 8,500 full-time and 4,000 apprenticeship students at Conestoga College Institute of Technology and Advanced Learning. More than 400 high-tech firms operate in Waterloo Region. In addition to BlackBerry, the list includes Google, Descartes Systems, Open Text, Maplesoft, Desire2Learn, Dalsa, PTC and more.
140 University Avenue West (Campus Court) Commercial Space Located directly on one of Waterloo’s main roadways the property is easily accessible by foot, car and public transportation More than 30,000 pedestrian and vehicle traffic pass by daily 502 sq. metres (5400 sq. ft.) of retail space, zoned E The large student population, along with the growing Waterloo market and prime University district location, provides for a stable investment Corner unit of a thriving strip plaza with ample customer parking Complementary blend of strong community amenities, restaurants and retailers Source: Region of Waterloo.
1
TO LEARN MORE ABOUT LEASING OPPORTUNITIES, CONTACT US AT
C O M M E R C I A L @ K W 4 R E N T. C O M 10G COM
FOR LEASE IMMEDIATE OCCUPANCY
BE PART OF THE VIBRANT UNIVERSITY DISTRICT IN WATERLOO, ONTARIO Prime location, heavy pedestrian and vehicle traffic, populated area and spending power Access to more than 60,000 post-secondary students and young professionals per day
862 square metres (9279 sq. ft.) of retail space available 11 units ranging from 42 to 65 square metres (450 to 700 sq. ft.)
11277313_2913
Corner facing high rise located at the corner of University Avenue and Lester Street – the thriving centre of the university district
Units available for immediate occupancy – don’t miss out! Seeking retailers with proven track record of performance Wide range of businesses sought Street visibility provided
CONTACT US TODAY!
C O M M E R C I A L @ K W 4 R E N T. C O M 11G COM
8302229_2913
11273560_2913
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
FRESH FRUIT AND VEG/VARIETY BUSINESS AND HOME
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 3 bedroom, 2 bath $299,000 residence. Located 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. 2913_DJW_3_0082
A wonderful opportunity to own a lovely 3 br home C/W a thriving, well-established business retail and wholesale fruit and veg/variety store. Home features modern eatkitchen, Living room with $595,000 inhardwoods, 3 generous bedrooms, and a rec room and games room. The home is attached to the business which features approx 980 sq ft of retail space, trucks for deliveries included. A tremendous opportunity to own your own business and work from home.
2913_DJW_3_0081
DOWNTOWN STORE WITH 4 BEDROOM APARTMENT WITH 5 CAR GARAGE
2913_DJW_2_0098
VACANT LAND 12G COM
$339,000
2913_DJW_0078
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.
2913_DJW_0079
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 High ceilings, $469,900 potential. wide hallways. Must see for the investor with own business or live in.
2913_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.
H
A
M
I
L
T
O
N 8148414_2913
Mazhar Roshan Sales Representative
905.929.9800
Direct
905.318.3800
24 Hr. Pager
BROKERAGE
mazharroshan@sympatico.ca mazharroshan@hotmail.com
Long established convenience store, totally upgraded, doing over 15K per week + Lotto, no competition near by, good opportunity, call LBO for more information.
Location, Location, Location! Long established variety store, doing 25K sales per month + lottery + more, need prudent enterpreneur, great for family run operation, long lease reasonable rent, call LBO for more information.
R T DE C N RA U NT CO
Long established variety store doing $7000 per week and $1500/Lottery per month. Rent is $3500 including all. Motivated seller.
2913_DJW_2_0018
AS
ED
CONVENIENCE STORE - HAMILTON - ASKING $209,000 PROPERTY & EQUIPMENT
price reduced
2913_DJW_1_0001
seller motivated
2913_DJW_1_0027
BUSINESS FOR SALE ONLY - $499,000 2913_DJW_1_0024
RETAIL STONEY CREEK MOUNTAIN
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.
LE
Very busy and desirable location on Hamilton Mountain. Money making, long established sandwich and sub shop doing over 5000 per week in sales, owners absentees operation, good for family operation or hands on entrepreneur, reasonable rent and long lease, please do not go direct, call LBO.
2913_DJW_2_0019
BUSINESS FOR SALE 2913_DJW_0034
HAMILTON MOUNTAIN
BUSINESS FOR SALE HAMILTON ASKING $29,900 2913_DJW_1_0041
2913_DJW_1_0003
BUSINESS FOR SALE BURLINGTON $99,900 2913_DJW_1_0002
BUSINESS FOR SALE HAMILTON $229,900
FOR LEASE BRANTFORD
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.
2913_DJW_2_0064
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.
2913_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.
2913_DJW_1_6668
Located in highly growing neighbourhood on Stoney Creek Mountain next to new Walmart & Financial Institutes, in a plaza with 3310 sq ft retail space available (can be divided). Other tenants include drive thru Tim Hortons, Esso Gas Station, Avondale, Gino Pizza & many more. TMI is estimated 10.00 PSF, immediate possession avail.
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
10126377_2913
14G
COM
10438420_2913
NEW LISTING 4337 FOURTH AVE
IDEAL OWNER OCCUPIED TRIPLEX
2913_DJW_1_0086
2913_DJW_0043
Fully rented and many updates. Newer windows, separate garages. One three bedroom and three two bedroom apartments. An ideal investment property. Shows a 16% return on a $90,000 downpayment. Priced at 9% cap rate.
LIVE FOR FREE!! In this spacious 2 storey loft with 2 storey loft with 2 bedrooms and let the rent from the other two apartments pay your mortgage. Totally remodelled apartments with newer kitchens, bathrooms and laminate flooring; All newer windows, roof, furnace and hydro. A spacious one bedroom apartment and back floor apartment on the main floor fully rented. Only $10,000 down payment required. Call for details.
17-19 DUKE ST.
$529,900
5000 BRIDGE ST.
$199,900
5 UNIT BUILDING CLOSE TO CASINO $369,000
2913_DJW_0042
Ideal investment property. 9000 square foot commercial block building on 1/2 acre lot. Paved parking 5 units fully leased. Concrete floors, 18 ft ceilings, hot water, heating. Overhead doors, ideal for owner occupancy plus 4 additional tenants, priced at 10% cap rate. 15% return on investment.
Fully rented 4 plex with $23,800 net income, 12% cap rate shows a fantastic 50% return on a $20,000 downpayment, nicely renovated, newer kitchen and baths, laminate floors, ceramics, updated hydro 3 meters, two 2 bedroom units, two 1 bedroom units, close to bus terminal and new arena.
2913_DJW_3_0023
4 years old, totally renovated with modern decor, 40 seat bar area and and 50 seat dining area, plus two outdoor patios. Plenty of paved parking, open concept kitchen with grill, stove, bbq, pizza oven, 2 walk-in coolers, 1 walk-in freezer, gas fireplace, marble floors oak bar. Grossing over $600,000 with potential to double the sales. Owner is retiring, monthly lease $5000 net call for details.
2913_DJW_1_7000
2913_DJW_1_6007
$449,900
TURNKEY 90 SEAT RESTAURANT $229,900, BUSINESS ONLY FOR SALE
10 unit apartment building, seperate hydro meters, newer roof and mostly new windows, new boiler, majority in front of units remodelled with laminate floors, ceramics and kitchens. Great downtown location, bachelor, 1 bedroom and 2 bedroom units, fully rented, priced at a 9% cap rate showing a 26% return. Potential to increase rents.
2513_DJW_0001
Located in the prestigious and growing town of Caledon East.
$
3.9 Million 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. Net income $231,917.00, Gross income $317,561.56
11276224_2913
Call Peter
647-223-4747 15G COM
legallyspeaking
The differences between employees and independent contractors
By Jayson Schwarz LL.M.*
T
he alarm clock fails to ring, and you wake, head straight for the door. You make it into to work just before nine o’clock, gasping. Why the rush? Was it a fear of being fired or a fear of losing business? In today’s marketplace we have bosses and employees, and then there are “consultants” or “independent contractors” (“IC”), who are contracted by businesses, though not in an employment capacity. These ICs are self-contained, independent businesses, which, on any given day, could be easily confused with the employee occupying the office next door. How does one know if someone is an employee or a consultant, and why does it matter? The Supreme Court of Canada said we need to consider the following factors: 1) level of control the direct supervisor has over the worker’s activities; 2) whether the worker provides his or her own equipment; 3) whether the worker hires his or her own helpers; 4) the degree of financial risk taken by the worker; 5) the degree of responsibility for investment and management held by the worker; and 6) the worker’s opportunity for profit in the performance of his or her tasks;
16G COM
The existence of these factors is a question of fact and will depend heavily on the circumstances of each case. The Court made this effort in order to help clarify this distinction as the difference between an IC and employee has a significant practical effect on the employer’s obligations and the worker’s rights. Remember you are a contractor when you hire an IC and an employer when you hire an employee. An employer has many legal obligations when it comes to employees: source deductions that may include without limitation: Income Tax, Canada Pension Plan, Ontario Employer Health tax and Employment Insurance. If the Canada Revenue Agency discovers that these deductions have not been collected and remitted, or makes a determination that an IC is in fact an employee, the contractor now employer could face penalties and even interest charges on those amounts. In fact a contractor deemed to be an employer might end up paying an IC without deduction and then after an assessment having to remit the tax. A contractor hiring a true IC is not responsible for making these deductions. Furthermore, a contractor is not required by law to provide a true IC with vacation pay, overtime, severance or benefits, unless those items are specified in the contract negotiated by the IC. In certain industries an employer is also required to remit premiums under the Workplace Safety and Insurance Act, which is not required by a contractor when dealing with a true IC. The obligations owed to an employer also vary in that employees owe obligations of confidentiality, good faith and loyalty to their employer; whereas, unless the contract states otherwise, ICs owe only an obligation of good faith to the contractor. This is reflected in the obligations owed to an IC, which are few. An IC can expect fewer benefits, if any, as compared with an employee. Furthermore, employees are guaranteed minimum employment standards by statute. In the current marketplace which is characterized by uncertainty and unpredictable employment trends, it is difficult to gauge which choice would be best for someone with an opportunity to pursue an IC or employment route. A lawyer can help advise you on the best course of action given your financial circumstances, skill sets and the demand for your type of skill or expertise, and your potential rights and obligations under the law. Remember this is a critical question and failing to make the right decision could result in significant costs if there is an adverse finding in a Government audit. If you have a topic in mind, mail, deliver or fax letters to the magazine or to the firm, use the web site (www.schwarzlaw.ca), email (info@schwarzlaw.ca) and give us your questions, concerns, critiques and quandaries.
Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP.
*Assistance for this article was provided by a former associate Aaron Grinhaus
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
3110 WHARTON WAY, MISSISSAUGA - 13,640 SQ FT. 0
0 0,0
,90
$1
• • • • • •
2913_DJW_0077
Investor or end used opportunity Corner Industrial free standing building Ideal for Showroom + manufacturing Potential Net Income - $109,515 Front portion 6640 sq ft vacant Rear 7000 sq ft. Rented for net $49,755 + TMI • Dundas retail corridor • Upgraded Power
INVESTMENT OPPORTUNITY IN BRANTFORD!!!!
00
• Brand New Plaza (2008) • ‘A’ Grade construction with Concrete walls • Stucco facade • Metal roof • High efficiency Hydro • Long leases - ranging from 2-5 years • Escalating leases
2513_DJW_0093
9
$1
11 UNITS
P CA
9 9,
28 8.
om Fr
• Low condo fees • Units sub divided into 2-3 sections for easy renting • High quality lease hold improvement • Potential for solar panels income • Owner Retiring • Financing available with 25% down
8471255_2913
17G COM
COMMERCIAL PROPERTIES BUSINESS OPPORTUNITIES FRANCHISE OPENINGS & MORE! 11277219_2913
FROBISHER OFFICE CENTER | WATERLOO, ON | FOR SALE OR LEASE Unit A201: 1,118 SF Sale Price: $162,110 Lease Rate: $8.00 PSF CAM & Taxes: $9.00 PSF *includes gas, water & condo fees*
Cushman & Wakefield Waterloo Region Ltd., Brokerage 120 Randall Drive, Unit F
Units E119-120: 2,295 SF Sale Price: $332,775 Lease Rate: $9.00 CAM & Taxes: $9.00 PSF *1,750 SF vacant for owner/tenant*
Waterloo, ON N2V 1C6
Ryan Kaitting
2913_DJW_0033
Sales Representative
519.585.2200 ryan.kaitting@cushwakewr.com
www. cushwakewr .com MULTI-BUSINESS ENTERPRISE
11269763_0913
®
$
899,900
~ 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) 0213_DJW_0075
Wes Moodie SaleS RepReSentative
~ 40 acre activity park - fishing, day camping, canoe rentals, miniature golf, eco-tourism destination ~ Walk to downtown, highway location
www.wesmoodie.com
MLS #H3100549
LOCATION, LOCATION, LOCATION!
1-866-823-1107 NEW EXCLUSIVE
Exit Realty Hare (Peel) Brokerage
Eugene Dignum
Stephen Dignum
Sales Representative
Sales Representative
Rare 2 acre parcel. Corner property on Hwy 10. Minutes north of Brampton. Town water and gas. Commercial property on adjacent corner.
1.866.297.3948 I
2913_DJW_0050
Independently Owned & Operated
THE COMMERCIAL INVESTOR: SPOTLIGHT COM
STEELES AVE./MISSISSAUGA
2913_DJW_1_0080
11277268_2913
11277288_2913
18G
2913_DJW_0056
2913_DJW_0055
This commercial and residential property is located on just North of Hanover on Grey Bruce’s busiest highway - County Rd. 10 (direct route to Tobermory). 5.76 acres and zoned C2, the property boasts virtually an unlimited number of permitted uses. It is perfect for the business owner wanting to enjoy life while residing on the same property as their business! The existing commercial building provides 8500 sf., and is equipped with 16 ft ceilings, 2 side by side dock level loading doors, a ground level loading door and more! Concrete floors allow for lift truck operation, or complete drive-in of vehicles. The gravel lot and parking area surrounding the warehouse exceeds 2 acres and is without any height limitations. 2500 sf home is immaculate - 5 br. 2½ bath, new windows/roof/flooring. Move in condition. $ 7 9 9 , 9 0 0 .
Last remaining 1.87 acre parcel in business gateway to Brampton. Office Centre Designation. Lease/Build to suit option available. Listed $2,100,000.
www.eugenedignum.com
COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!
$12,900,000
139 WASHBURN DRIVE, KITCHENER
$2,950,000
181 PINEBUSH DRIVE, CAMBRIDGE
$1,950,000
1102 KING STREET, PRESTON
$899,900
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
2913_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
2913_DJW_1_0104
$359,900
-Retail units and Pad Site available -Mall undergoing extensive renovations -On Bus line -On Expressway -Join Valumart, CIBC, Dollarama and many more
$9.50/SF 2913_DJW_1_0039
le it
2913_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
$549,900
ED
1223 KING STREET ST, JACOBS
ft
82 WEBER STREET E., KITCHENER
56 WEBER STREET
AS
$399,900 2913_DJW_1_0120
52 WEBER STREET
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.
2913_DJW_1_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.
LE
$1,295,000 2913_DJW_1_0057
1458 WEBER STREET E., KITCHENER
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.
2913_DJW_1_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.
2913_DJW_1_0062
2913_DJW_1_0063
NT RA CO DE R
UN
2913_DJW_1_6002
CT
316 KING STREET NORTH, WATERLOO
Last unit remaining 3rd floor suite w/private offices From 1,904SF to 2,425SF available Elevator, onsite parking, close to expressway.
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 ACT main floor For sale. Exclusive Principals only, TR$929,900 COofNresidential apts w/long retail (w/basement), 2EflR oors D term tenants. UN 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
KITCHENER ONTARIO 8471421_2913
Ryan@cmarealty.ca 19G COM
20G
COM
9853283_2913
Volume 13 Issue 08
Commercial Real Estate & Business Opportunities
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
37
38 businessbarometer
Commercial Real Estate & Business Opportunities
Volume 13 Issue 08
Small businesses give Metrolinx taxes a thumbs down 84 per cent of small businesses oppose Metrolinx plan to fight traffic gridlock with higher taxes: Survey
T
he push by Metrolinx for
~ 91 per cent oppose a hike to the Harmonized Sales Tax (HST);
higher taxes and fees to
~ 85 per cent oppose higher fuel and gasoline taxes;
pay for its “Big Move” plan
~ 68 per cent oppose a commercial parking tax; and
is getting big thumbs down from small businesses, according to a survey of 1,300 business owners conducted by the Canadian Federation of Independent
~ 59 per cent oppose higher development charges “Small businesses have a strong interest in seeing the bottlenecks on the 401 or 403 removed,” added CFIB’s Ontario Director, Plamen Petkov.“If people can’t move, goods and services can’t either. But, the message in these survey results is clear, let’s not fix one problem by swapping it for another – bringing the economy to a screeching halt.” Read the complete survey results, with breakouts by municipalities on the CFIB website: www.cfib-fcei.ca.
Business (CFIB). Small business owners in the Greater Toronto and Hamilton Area (GTHA) were surveyed in the days following the release of the transportation agency’s list of revenue tools to pay for its $50 billion plan to cut down on traffic gridlock in the region. The survey found that 84 per cent want new projects paid by using existing taxes and fees, not by hiking them or introducing new ones.
CFIB is Canada’s largest association of small and medium-sized businesses with 109,000 members across every sector and region, including 42,000 in the province of Ontario.
“Taxpayers aren’t buying the argument that hiking taxes is the only solution to reducing gridlock on our roads and highways,” said CFIB’s President, Dan Kelly.“While some on Bay Street might be perfectly fine with paying more, the majority of Ontarians who rely on Main Street for their livelihood want the Wynne government to send Metrolinx back to the drawing board.” The survey also found strong opposition across the GTHA (Toronto, Mississauga, Oakville, Milton, Pickering, Richmond Hill, Burlington, Markham, Vaughan, Newmarket, Brampton and Hamilton), including most of the specific “revenue tools” recommended by Metrolinx:
Please say you saw it in The Commercial Investor
Volume 13 Issue 08
39
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
WHITBY
Email:
morrisonb@sutton.com CASH COW - INVESTMENT OPPORTUNITY LEASED BUILDING
Greater Toronto Area
Long term lease with 6% CAP Rate on Brock St. in downtown Whitby. Outstanding property and building. No work to do. Just cash your cheque every month. Asking $1,050,000.
10527900_2913
Toronto line: 416 798 7278
2913_DJW_0114
TORONTO
FANTASTIC INVESTMENT OPPORTUNITY FOR INVESTOR/DEVELOPER IN CABBAGETOWN Old Victorian row house. Fully occupied. 1 commercial & 3 nice apartments. Well maintained and updated. Rear lane access. Net income $108,000. 6% CAP Rate. Asking $1,799,000. Adjoining properties also available. Total of 14 rental units with over $268,000 net income. $5,000,000. For the whole package. 2913_DJW_0115
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 say you you saw saw it it in in The The Commercial Commercial Investor Investor Please
Commercial Real Estate & Business Opportunities
Volume 13 Issue 08
11276658_2913
40
Greater Toronto Area
Please say you saw it in The Commercial Investor
Volume 13 Issue 08
41
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
• Retail Plaza current net income: $200,000/ year • Great investment/Development opportunity! Priced at $6,000,000
Priced at $4,500,000 1713_DJW_0101
11265283_2913
Commercial Real Estate & Business Opportunities
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!
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. Funding from City of Ottawa - long term arrangement. 2913_DJW_0075
104 BED RETIREMENT 13 BED HOME CARE FAHOME NORTH TORONTO CILITY - EASTERN JUST 17% CAP RATE $3.5M LISTED 10 DOM 3 HSC GROSS $1.6M NET BEDS $775,000-20% CAP RATE-50% R.O.I!
Prime Toronto North location. Highly competitive monthly rates. Direct Investment or Joint Venture. Financials and Performa available. Great potential for Capital gains when fully occupied and sold as a turn key project. Experienced Management in place. 2913_DJW_0074
Great business opportunity. This Home Care Facility in pristine condition comes with a lovely owner residence on site. Ministry of Health and the City of Cornwall pay the owner directly for the residents. On site owner operators can net $120,000 per year TAX EXEMPT. Because of minimal living expenses the on site owner operator could save $100,000 + per year.
2913_DJW_1_0088
Greater Toronto Area
-
START A NEW LIFE!! SAVE $60,000 P.A.!! KINGSTON - GOVERNMENT FUNDED HSC’S* $349,900
This Kingston home has 5 HSC beds with a gross of $90,000 p.a. This income is tax exempt and covers all the living expenses for the on site owner/operator. Home for Special Care (HSC) Minsitry of Health funded. Live in owner could save up to $60,000 per year. Possibility of expanding operation. 2913_DJW_1_0089
MICHAEL SHMUKLER, BROKER Sutton Group Select Realty Inc. Brokerage
michael@michaelshmukler.com www.MichaelShmukler.com - click on I.C.I properties Please say you saw it in The Commercial Investor
11253451_2913
519-433-4331 519-318-1622
42
Volume 13 Issue 08
Commercial Real Estate & Business Opportunities
FREE 24-HOUR RECORDED INFORMATION POWER OF SALES & FORECLOSURES
1-800-872-3761
www.GtaDistressProperties.com
Brokerage
Real Estate Team
View Over 20,000 Homes For Sale Online
View Over 20,000 Homes For Sale Online
Including All Foreclosures & Power of Sales
9508003_2913
SEAN ROLAND
FIRST TIME HOME BUYERS & REAL ESTATE INVESTORS ✓ Power of Sales, Foreclosures & Distress Properties ✓ Below Market Fixer-Uppers & Tax Sale Properties ✓ Below Market Rental Properties, Positive Cash Flow Properties ✓ Up to $25,000 CASH BACK at Closing & ZERO Down Mortgages
Including All Foreclosures & Power of Sales
w w w. G t a D i s t r e s s P r o p e r t i e s . c o m (Including: Toronto, Etobicoke, North York, East York, Mississauga, Brampton, Oakville, Milton, Richmond Hill, Vaughan, Woodbridge, Thornhill, Markham, Newmarket, Scarborough, Pickering, Ajax, Whitby, & Oshawa)
N CK 79 4, OW BA $9 22 O D SH $ ER CA Z 50 2 1, $1
TH
0 90 N CK 9, OW BA
69
0
$1
ON
/M
4 D H $2 ERO CAS Z 00 5 2, $1
RECEIVE UP TO $11,250 CASH BACK ON CLOSING
2 D H $2 ERO CAS
$9
Z 50 2 1,
$1
RECEIVE UP TO $12,500 CASH BACK ON CLOSING
RECEIVE UP TO $11,250 CASH BACK ON CLOSING
DOWNTOWN NEW LUXURY CONDO
BRAND NEW LUXURY CONDO
DOWNTOWN NEW LUXURY CONDO
1-800-872-3761 ID #224111
1-800-872-3761 ID #249112
1-800-872-3761 ID #224113
Sean Roland Real Estate Team
FREE 24 HOUR INFO
2913_DKA_1_0093
22
D H $ ERO CAS Z 50 2 1, $1
G IN
FR
00 ,9 WN
K AC
T B AR 99 DO H ST $1 RO AS C ZE 00 0 0, $1
RECEIVE UP TO $11,250 CASH BACK ON CLOSING
$
D H RO AS ZE 00 C ,5 $9
RECEIVE UP TO $9,500 CASH BACK ON CLOSING
FREE LIST OF DISTRESS PROPERTIES
LUXURY FAMILY SIZE CONDO
1-800-872-3761 ID #224114
1-800-872-3761 ID #199115
1-800-872-3761 ID #189116
www.GtaDistressProperties.com
0 90
N
CK
, W A 49 DO H B
$2 ERO
S
Z 00 5 2, $1
CA
RECEIVE UP TO $12,500 CASH BACK ON CLOSING
TH
8
$
9 12
ON
/M
0 90
N
CK
, W A 99 DO H B
$2 ERO
Z 00 0 5, $1
FREE 24 HOUR INFO
S
CA
TH
ON
K 00 ,9 OWN BAC 9 4 D H
2913_DKA_1_3084
ON
Sean Roland Real Estate Team
FREE 24 HOUR INFO
2913_DKA_1_3082
TH
9
00 ,9 OWN BACK
9 18
2
$8
BRAND NEW LUXURY CONDO FREE 24 HOUR INFO
6 10
TH
ON
M 3/
RECEIVE UP TO $10,000 CASH BACK ON CLOSING
Sean Roland Real Estate Team
/M
FREE 24 HOUR INFO
2913_DKA_1_5001
Greater Toronto Area
7
$9
ZERO DOWN OM
2913_DKA_1_3080
TH
0 90 N CK 4, OW BA
ON
M 9/
Sean Roland Real Estate Team
FREE 24 HOUR INFO
2913_DKA_1_5000
Sean Roland Real Estate Team
$
TH
0 90 N CK 4, OW BA
ON
M
/ 79
2913_DKA_1_3078
2913_DKA_1_3076
0 90
2913_DKA_1_3077
TH
ON
/M
M 9/
6 10
$2 ERO
$
Z 00 5 2, $1
S
CA
RECEIVE UP TO $15,000 CASH BACK ON CLOSING
RECEIVE UP TO $12,500 CASH BACK ON CLOSING
DOWNTOWN NEW LUXURY CONDO
LUXURY DOWNTOWN NEW CONDO
DOWNTOWN NEW LUXURY CONDO
1-800-872-3761 ID #249117
1-800-872-3761 ID #299118
1-800-872-3761 ID #249119
Sean Roland Real Estate Team FREE 24 HOUR INFO
Sean Roland Real Estate Team
Sean Roland Real Estate Team
FREE 24 HOUR INFO
FREE 24 HOUR INFO
WE WILL BEAT ANY BANK RATES GUARANTEED! Interest Rates as Low as
2.99%
*
We Will Beat Any Bank Rates Guaranteed
1-800-872-3761
RECEIVE UP TO $25,000 CASH BACK ON CLOSING
✓ ZERO DOWN Mortgages ✓ 1st, 2nd, & 3rd Mortgages ✓ Bad Credit as low as 540 ✓ No Credit OK ✓ Self-Employed OK ✓ No Income Verification OK ✓ Refinance & Equity Take Out ✓ Debt Consolidations ✓ New Tax Deductible Mortgage ✓ Pay Off Your Home in 7 Years
We Work with Over 50 Banks, Trust Companies, Credit Unions, & Private Lenders
Please say you saw it in The Commercial Investor
Volume 13 Issue 08
43
Commercial Real Estate & Business Opportunities
FREE 24-HOUR RECORDED INFORMATION POWER OF SALES & FORECLOSURES
1-800-872-3761
www.GtaDistressProperties.com
Brokerage
Real Estate Team
View Over 20,000 Homes For Sale Online
View Over 20,000 Homes For Sale Online
Including All Foreclosures & Power of Sales
9508017_2913
SEAN ROLAND
FIRST TIME HOME BUYERS & REAL ESTATE INVESTORS ✓ Power of Sales, Foreclosures & Distress Properties ✓ Below Market Fixer-Uppers & Tax Sale Properties ✓ Below Market Rental Properties, Positive Cash Flow Properties ✓ Up to $25,000 CASH BACK at Closing & ZERO Down Mortgages
Including All Foreclosures & Power of Sales
w w w. G t a D i s t r e s s P r o p e r t i e s . c o m (Including: Toronto, Etobicoke, North York, East York, Mississauga, Brampton, Oakville, Milton, Richmond Hill, Vaughan, Woodbridge, Thornhill, Markham, Newmarket, Scarborough, Pickering, Ajax, Whitby, & Oshawa)
OM
FR
0
0 N K TI ,9 W BAC AR 199 DO SH T S $ RO A C ZE 00 ,0 0 $1 NG
RECEIVE UP TO $10,000 CASH BACK ON CLOSING
1 D H $2 ERO CAS
$9
Z 50 6 0,
$1
RECEIVE UP TO $10,000 CASH BACK ON CLOSING
RECEIVE UP TO $10,650 CASH BACK ON CLOSING
3 BEDROOM DETACHED BUNGALOW
FREE LIST OF DISTRESS PROPERTIES
3 BED DETACHED FAMILY HOME
1-800-872-3761 ID #2512656
1-800-872-3761 ID #199222
1-800-872-3761 ID #2577669
www.GtaDistressProperties.com
TH
ON
6 D H $3 ERO CAS Z 00 5 8, $1
00 ,9 WN
19 DO H $2 ERO CAS
99
$
K
C BA
Z 00 0 1, $1
RECEIVE UP TO $18,500 CASH BACK ON CLOSING
$3 ERO
$
Z 00 5 6, $1
S
CA
RECEIVE UP TO $11,000 CASH BACK ON CLOSING
RECEIVE UP TO $16,500 CASH BACK ON CLOSING
3 BED 3 BATH DETACHED HOME
3 PLEX OVER $3000 MONTHLY INCOME
4 BED 3 BATH DETACHED FAMILY HOME
1-800-872-3761 ID #2610402
1-800-872-3761 ID #2496117
1-800-872-3761 ID #2608579
Sean Roland Real Estate Team
Sean Roland Real Estate Team
TH
ON
/M
0 90
Sean Roland Real Estate Team
FREE 24 HOUR INFO
2913_DKA_1_0012
FREE 24 HOURS INFO
CK
6 , WN BA 74 DO H $3 ERO CAS
68
N
O 0 K 0 ,9 WN AC 9 2 DO H B M
9/
7 14
Z 50 7 8,
TH
ON
M 1/
CK
, WN A 64 DO H B $2 ERO CAS
19
$1
0 90
FREE 24 HOUR INFO
Z 50 2 3,
$1
$1
RECEIVE UP TO $18,750 CASH BACK ON CLOSING
TH ON M 00 N CK / 9 9 79 9, OW BA $1 $39 O D SH R CA ZE 00 0 0, $2
RECEIVE UP TO $13,250 CASH BACK ON CLOSING
2913_DKA_1_0014
$
TH
ON
M 7/
FREE 24 HOUR INFO
TH
2913_DKA_1_0013
16
2913_DKA_1_0009
0 90 N CK 9, OW BA
M
/ 64
Sean Roland Real Estate Team
FREE 24 HOUR INFO
2913_DKA_1_0010
FREE 24 HOUR INFO
2913_DKA_1_0011
Sean Roland Real Estate Team
$1
TH
0 90 N CK 2, OW BA
ON
M
/ 57
RECEIVE UP TO $20,000 CASH BACK ON CLOSING
4 BED 3 BATH DETACHED HOME
3 BED DETACHED FAMILY HOME
3+1 DETACHED FAMILY HOME
1-800-872-3761 ID #2546350
1-800-872-3761 ID #2627700
1-800-872-3761 ID #2616942
Sean Roland Real Estate Team FREE 24 HOUR INFO
Sean Roland Real Estate Team
Sean Roland Real Estate Team
FREE 24 HOUR INFO
FREE 24 HOUR INFO
WE WILL BEAT ANY BANK RATES GUARANTEED! Interest Rates as Low as
2.99%
*
We Will Beat Any Bank Rates Guaranteed
1-800-872-3761
RECEIVE UP TO $25,000 CASH BACK ON CLOSING
✓ ZERO DOWN Mortgages ✓ 1st, 2nd, & 3rd Mortgages ✓ Bad Credit as low as 540 ✓ No Credit OK ✓ Self-Employed OK ✓ No Income Verification OK ✓ Refinance & Equity Take Out ✓ Debt Consolidations ✓ New Tax Deductible Mortgage ✓ Pay Off Your Home in 7 Years
We Work with Over 50 Banks, Trust Companies, Credit Unions, & Private Lenders
Please say you saw it in The Commercial Investor
Greater Toronto Area
N CK 99 9, OW BA $8 19 O D SH $ ER CA Z 00 0 0, $1
2913_DKA_1_0008
2913_DKA_1_0007
0 90
2913_DKA_1_3086
TH
ON
/M
44
Commercial Real Estate & Business Opportunities
Volume 13 Issue 08
Greater Toronto Area 8647857_2913
Please say you saw it in The Commercial Investor
Volume 13 Issue 08
45
Commercial Real Estate & Business Opportunities
8975448_2913
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!
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!
2913_DJW_2_0024
$120,000 PRIME RETAIL SPACE WITH HIGH PROFILE EXPOSURE! PREMIUM STOREFRONT, PYLON SIGNAGE, PRICE FOR A QUICK SALE, ALL CHATTLES, FIXTURES & STOCK INCL, 2,320 SQ FT, 5 YEAR LEASE WITH AN OPTION TO RENEW FOR 5 MORE YEARS, $7,100 + HST PER MONTH!
2913_DJW_1_0023
$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!
2913_DJW_1_0048
$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
2913_DJW_2_0025
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!
$74,999
$80,000
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! 2913_DJW_0010
$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!
$70,000
Please say you saw it in The Commercial Investor
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! WELL ESTABLISHED FOOTWARE STORE! TURN-KEY OPERATION WITH STABLE SALES REVENUE, LOCATED IN THE BUSY WOODBINE SHOPPING MALL, PRESENT LEASE IS AVAILABLE TILL 2016 WITH AN OPTION TO RENEW FOR 5 MORE YEARS, LOW RENT OF $5,361 (ALL INCLS) WITH APPROX YEARLY SALES OF $250K! SELLER WILLING TO TRAIN!
Greater Toronto Area
BRAND NEW 1,535 SQ FT UNIT IN NEWLY DEVELOPMENT PLAZA! TONS OF PARKING, EXCELLENT EXPOSURE! IDEAL FOR PROFESSIONALS & SMALL BUSINESS OWNERS!
2913_DJW_0009
$319,000
2913_DJW_1_0022
$399,900
2913_DJW_1_0046
$460,000
2913_DJW_2_0070
2913_DJW_2_0021
2913_DJW_1_0020
Sam McDadi Real Estate Inc., Brokerage
46
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
Volume 13 Issue 08
Volume 13 Issue 08
47
Commercial Real Estate & Business Opportunities
PhaseOne PhaseTwo SiteRemediation Environmental Site Assessments
8297113_2913
For ~ purchasers ~ vendors ~ realtors and lenders
Underground Tanks Asbestos Removal Demolition
Borehole Drilling Soil Sampling Groundwater Testing
~ 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 ~ Servicing All of Southern Ontario ~ “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 Sales Representative
905-660-3230
( Direct Line )
Visit My Free Online Home Finder Website:
E AL
S
R
8147032_2913
FO
F
1-888-440-4204 www.Exit149storage.com
FOR ALL YOUR NORTHERN STORAGE NEEDS!
COMMERCIAL / RETAIL 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
EXIT 149 STORAGE - 2492 WEST SERVICE RD., WAUBAUSHENE, ON
00
5,0
6 $3
www.MYTRAN.ca
LE
SA
00
IMMACULATE 4 BEDROOM BUILDER’S MODEL HOME
$7
,0 75
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 SPECIALIZING IN FIRST-TIME HOME BUYERS - FULL SERVICE LISTING & SHOWINGS Not intended to solicit person under contract
Please say you saw it in The Commercial Investor
11208873_2913
Greater Toronto Area
871 Equestrian Court, Oakville
Volume 13 Issue 08
Commercial Real Estate & Business Opportunities
10929735_2913
48
Greater Toronto Area
Zoned institutional, great future investment with large 300x500 ft lot. Possible subdivision? Condo townhomes? Commercial stores? Use your imagination, excellent potential in high traffic location. Many current uses for this property. $1,745, 000. Nadene Milnes* or Kristina Tardif* 1-705-422-2350.
Commercial Building Lot in fast growing Alliston, would suit many types of commercial uses. Ready to build with site plan approval. Urban Highway Commercial Zoning. $279,900. 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.
2913_DJW_0106
2913_DJW_0062
2913_DJW_0063
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 Marc Ronan*** 1-888-936-4216 2913_DJW_2_0046
2126 sq ft commercial unit in Barrie’s South end near Highways 400 & 27. Quality construction and finishes include showroom, boardroom, mezzanine approx 28’x18’ overlooks industrial space with 10’x12’ loading door at grade. Ample parking, thousands spent on leaseholds. Excellent location with easy access to Hwys at Mapleview. $349,900. Marc Ronan*** 1-888-936-4216 2913_DJW_0064
Private Country Estate on 67 acres of hardwood forest, ponds & your own 9 hole golf course. Fully equipped pro shop, workshop, ample storage and parking. Have your own course or continue existing public play. Large custom raised bungalow, 3+2 bedrooms, multiple walkouts to manicured lawns. $1,499,000. Marc Ronan*** 1-888-936-4216.
Building, Property & Chattels for sale in growing Alliston on busy street with high visibility on 100x150 lot. Well equipped restaurant with 74 seats and 24 parking spaces. Forced air gas heating, 4 washrooms, open 7 days a week 6:00am-3:00pm. Great investment/business opportunity! $649,900 Marc Ronan***1-888-936-4216
47 acres in the rolling hills of Adjala. Great setting to build your custom home with 3 road frontages & workable land. Make ideal Gentleman’s Farm. Located minutes to Palgrave Equestrian Centre. Build your dream home/farm/horses/ hobby. $849,900. Marc Ronan*** 1-888-936-4216.
2913_DJW_1_0069
2913_DJW_0066
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***/ 2913_DJW_4_0040 Gladys Craine**** 1-888-936-4216
93 acre Development Parcel abutting residential development in new Lowell. Approximately 88 acres workable land. Located inside the Development Boundary Expansion Area. Large GTA developer in same area. $1,700,000. 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 2913_DJW_2_0063
100 acres Prime Land between 27 and 400 Hwy. 2000 ft road frontage, excellent soil for potatoes, vegetables or cereal crops. Flat workable land near the Innisfil Creek. Original parcel regular shaped with no severances. Old house on property. Excellent investment considering explosive growth in Bond head and Bradford area. $1,200,000. Marc Ronan*** 1-888-936-4216. 2913_DJW_0068
2913_DJW_0067
2913_DJW_0065
Rock Solid in Real Estate.
TM
* Sales Representative ** Broker *** Sales Representative/Owner **** Broker of Record
©2013 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.
Please say you saw it in The Commercial Investor
Volume 13 Issue 08
49
Commercial Real Estate & Business Opportunities 11251108_2913
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 LOCATION, LOCATION, LOCATION Across from the York General Hospital in a 6 storey Medical Building Exclusive rights to Physiotherapy and Chiropractic services
速
INDEPENDENTLY OWNED AND OPERATED
IVE EXCLUS
Services Include: Physiotherapy, Massage Therapy, Chiropractic, Acupuncture, Orthotics, Stockings, Knee bracing, Rehabilitation, etc. Partners are parting ways. Great opportunity for turn-key business. Asking $299,900. Principals Only
2913_DJW_2_0009
Principals only
2913_DJW_1_0008
JUST LISTED
SMART BUY 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. 2913_DJW_1_0010
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 2913_DJW_1_0155
SUCCESSFUL INDEPENDENT COMMERCIAL/PASSENGER TIRE BIZ FOR SALE Business has been operating for over 40 years from the same Toronto location, Very well known in INDUSTRY and in the NEIGHBOURHOOD! Great list of Contracts and Customers. Commercial/Construction Tire Business: Emergency Tire Repair/ Replacement Service for construction and commercial vehicles. Many long-term commercial accounts with many large construction companies throughout the GTA including big name Home Builders! Supplier of Used Tires for car dealerships; Very Good Margin Here! Passenger business is a significant and growing part of this opportunity. Providing general maintenance i.e. alignments, oil changes and other general repairs. Also providing tire storage services which promotes customer retention and repeat business! Seasonal Tire business is very strong and has significant room to grow!
FOR SALE OR LEASE - $1,099,000 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) - $1,099,000
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.
11276591_2513
Vendor is prepared to provide up to 60 days of training and introduction to assist purchaser to a fast start! First two weeks FREE! Balance of training time negotiable. Vendor is willing to take back VTB to assist purchaser. Amount/ Rate/Terms Negotiable.
Vendor is MOTIVATED! Call to arrange an appointment to view the business.
11277475_2913
Please say you saw it in The Commercial Investor
416.399.4227
Greater Toronto Area
JUST LISTED
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
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. Principals only.
50
Volume 13 Issue 08
Commercial Real Estate & Business Opportunities
BALJIT SINGH DHALIWAL BROKER/OWNER
baljit.dhaliwal@century21.ca www.baljitdhaliwal.com
PLAZA IN GTA
Independently Owned and Operated
2006 OFFICE 2007 2011 2008 2012
Office: 416.288.0800 Toll Free: 1.877.288.0884
PLAZA IN GTA
ESSO ON THE RUN
Greater Toronto Area
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 storey building.
PETRO CANADA WITH TENANT
ULTRAMAR GAS STATION
ULTRAMAR GAS STATION
ASKING $499,000
ASKING $4.6 MILLION
Petro Canada sale of Business West of GTA gas volume over close to 5 million, 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 Hortons Tenanted and car wash Projection Sales $13 Million. Gas volumes over $10 Million. Great net income.
ASKING $4.6 MILLION
ASKING $4.5 MILLION
Store sales about $800,000 Gas volumes 13 Million. Tim Hortons approved site. Two freestanding building fully leased over 4 Acre land
BRAND NEW SHELL
FULLY RENOVATED COMFORT INN
ASKING $4.7 MILLION
ASKING $4.2 MILLION
ASKING $5.9 MILLION
ASKING $299,000
With Tim Hortons 2 Locations available.
With Car Wash, Coin Car Wash, Separate Diesel, Propane Land over 25 Acres.
In GTA 80 Rooms Great room revenue and growing.
Net Profit of $10,000 a month, Long Lease, low rent and an asking price of $299,000
SHELL GAS STATION
COUNTRY STYLE IN GTA WEST
For more information on Gas Station, Plaza and Hotel/Motel listings, please call Baljit Singh Dhaliwal Please say you saw it in The Commercial Investor
8116291_2913
Dir: 416.994.2300
New Star Realty Inc., Brokerage
Volume 13 Issue 08
51
Commercial Real Estate & Business Opportunities
Tony Giannini Sales Representative
1140 Burnhamthorpe Rd., Suite 141 Mississauga, ON
905-270-2000 Email: agiannini@trebnet.com 9774309_2913
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
Greater Toronto Area
RE/MAX PERFORMANCE REALTY INC., BROKERAGE
52
Volume 13 Issue 08
Commercial Real Estate & Business Opportunities
Mounir Saghie ®
Sutton GroupHeritage Realty Inc., Brokerage
11274591_2913
GROUP
Sales Representa�ve Office: 905-619-9500 Direct: 647-505-9867 E-mail: msaghie@su�on.com
BARRIE : EXCELLENT OPPORTUNITY!!!
Greater Toronto Area
Mixed use building boas�ng 7% CAP. 5 Stores & 12 Apartments. Built in 1991, building in great shape. ASKING: $2,150,000 WITH NET INCOME OF $146,000 Tenants pay own u�li�es.
TORONTO
TORONTO
3 Stores & 4 Apartments Stores have full basements Apartments recently renovated. All units with own hydro meters. Great loca�onover 40 �frontage.
6-PLEX in desirable loca�on 5x2 b/rooms and 1x1 b/rm New Parking lot with 7 spots Tenants pay own Hydro. Mostly new appliances Coin Washer & Dryer
ASKING PRICE $1,325,000
ASKING PRICE $995,000
TORONTO
ASKING PRICE $1,179,000
INCOME: $76,620
SHELBURNE
4700 sq � in Forest Hill Fully Tenanted with almost 3600 SQ,FT. NEW ROOF 25 � frontage on Eglinton Avenue. Close to Subway sta�on and new LRT being built. Great oppportunity!!
Commercial units with 8 Apartments plus 10 parking in the back. New roof in 2009 Some upda�ng required. Front and Back Entrances Good Tenancy.
ASKING PRICE $469,000
7500 SQ.FT.!!!
Buyers available for all types of proper�es in all areas! If you need to sell, call Mounir! Not intended to solicit those already under contract.
Please say you saw it in The Commercial Investor
53
Commercial Real Estate & Business Opportunities
11237352_2913
Greater Toronto Area
Volume 13 Issue 08
Please say you saw it in The Commercial Investor
54
Volume 13 Issue 08
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 • •
Contact us at 905-607-7244 sales@ircgroup.com
Greater Toronto Area
11273619_2913 11273471_2913
Multi-Unit Residential Rental Property Mortgage
®
Percy Fulton Ltd., Brokerage Ken Pandya
office: 416-298-8200
Luci Rizzo
broker
SaleS repreSentative
cell 416-294-7011 kpandya@trebnet.com
cell 416-930-8427 lrizzo@trebnet.com
FOR LEASE - $30/SQ FT.
2913_DJW_0057
FOR SALE TORONTO - $299,000
Excellent location. TTC and 401. Unit fronting on Morningside Ave. Well managed complex and low condo fees. Total area sq ft includes ground floor 1707 sq ft and mezzanine 384 sq ft.
6 Units
11 Units
68 Units
For fast turnaround time, please provide me with the following information • 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
2913_DJW_0058
FOR SALE TORONTO - $349,000
Excellent Industrial unit fronting on silver star with 2880 main floor and 700 sq ft mezzanine. 2 washrooms. Close to McNicoll. New development in the area has already started. Great for Investor or User. Cap Rate over 7% based on current lease rate in the area. 2913_DJW_0059
Please say you saw it in The Commercial Investor
416 241 5248 Ext. 226
SHIN KANG TD Canada Trust Business Advisor 416 919 2797 Shin-wook.kang@td.com
11265580_2913
High exposure site, minutes to Highways 401 and 400. Free-standing one storey building in an excellent location. Zoned for many uses. Landscaped lot has parking for 16 cars. Building is approx 2170 sq ft. Wonderful broad use commercial property. Medical/Dental/Pharmacy/ Office ideal use. Church is possible.
Volume 13 Issue 08
Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
central ontario COverINg: Barrie • Collingwood • Muskoka • North Bay • Kawartha Lakes Midland • Meaford • Paisley • Parry Sound • Orillia Owen Sound • Sudbury • Walkerton For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
55
56
Volume 13 Issue 08
1194489
Commercial Real Estate & Business Opportunities
DOUBLE CENTURION 2007
Don Campbell Real Estate Ltd. Brokerage. 36 Andrew St. South, Orillia
9885410_2913
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 Central Ontario
LOCAL BUTCHER SHOP 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 yarn 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
Please say you saw it in The Commercial Investor
2513_DJW_0008
4.97 ACRE COMMERCIAL DEVELOPMENT IN ORILLIA!!
Volume 13 Issue 08
57 9857729_2913
Commercial Real Estate & Business Opportunities
1-866-557-1110 705-647-1110
temiskaming realty ltd., brokerage New Liskeard, Northern ontario
Bill Byers, Sales representative Perry Wuest, Sales representative
perry-wuest@coldwellbanker.ca 2113_DJW_3_0012
2513_DJW_0018
2113_DJW_1_0400
bill-byers@coldwellbanker.ca
www.temiskamingrealty.com
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
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.
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.
Please say you saw it in The Commercial Investor
Central Ontario
ASKING $160,000
ASKING $3,250,000
2113_DJW_2_0025
E IC PR 000 W 0, NE $12
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.
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. $199,900 MLS 120066. Call Bill.
E IC PR 900 W 9, NE $24
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
2513_DJW_1_0053
2513_DJW_1_0411
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.
58
Commercial Real Estate & Business Opportunities 10102019_2913
Volume 13 Issue 08
BE SEEN IN THE LIMELIGHT!
INVEST IN COTTAGE COUNTRY
Highlight your hot, new and unique listings. Feature 2 properties and your agent photo in a full colour quarter page ad.
MAIN STREET DEVELOPMENT PROPERTY IN HUNTSVILLE
Reserve your space today! 416-784-5060.
$299,000 4 lots on the Main Street zoned MU1 for multiple use development. Water gas and sewer at the road. Ideal for commercial with residential above or townhouse construction with one commercial lot for retail development. 2913_DJW_0049
inthenews Central Ontario
M
Big city spenders
– CFIB report demands an urgent conversation among local government leaders on overspending
unicipal leaders from across the country gathered in Vancouver at the end of May for the annual Federation of Canadian Municipalities (FCM) conference. The Canadian Federation of Independent Business (CFIB) called on them to take action on municipal overspending. CFIB released a report showing that spending has grown more than three times the rate of population over the past 12 years in Canada’s three largest cities – Toronto, Montreal and Vancouver – and in Canadian municipalities overall. “Most of us can appreciate that the cost of running our cities
must keep pace with population growth, and factor in the cost of inflation,”says CFIB Executive Vice President Laura Jones. “But our research shows spending is increasing by as much as three to eight times the rate of population growth in Canada’s largest cities. Municipal officials claim they lack sufficient revenue, and argue that cities need even more revenue and increased taxing authority. Our report shows the real problem is overspending.” This spending problem is not just confined to Canada’s largest cities. From 2000 to 2011, inflation-adjusted spending grew by 55 per cent in all Canadian municipalities while population only grew by 12 per cent. The increases in spending are largely driven by public sector wages and benefits which consume between 52 to 67 per cent of local government operating spending in the three big cities. “It’s time that we changed the conversation to move away from the persistent requests for new tax revenues from our local governments to one that addresses spending challenges – responsible policy-making depends on it,” suggests Laura Jones.“CFIB hopes this report is a catalyst to start this critical conversation.”
Please say you saw it in The Commercial Investor
59
Commercial Real Estate & Business Opportunities
11272219_2913
Volume 13 Issue 08
www.temrealestate.com
Located along the Trans Canada Highway corridor, between North Bay and Timmins, these listings are in the high growth areas of New Liskeard, Earlton, and Matheson. The economies are currently being driven by an explosion in agricultural and mining activity, resulting in increased demand for support services and presenting great investment opportunities due to rising prices. Good infrastucture for shopping, education, and health care, along with many outdoor recreational activities make this a great place to raise a family.
BISON FARM
Unique opportunity. High quality organic bison herd with over 500 acres of land, fenced pasture and cropland. Good clientele base. Also available is 4 acre commercial lot with highway frontage for abbatoir and marketing of product. Solid house, outbuildings and 30 acre spring fed lake and gravel pits included. All for only $540,000. Call now!
2913_DJW_0048
ALL OFFERS CONSIDERED
GREAT FAMILY BUSINESS Amazing turn key opportunity! Located directly on Highway 11, this motel and restaurant would be a great investment. The motel features 10 renovated rooms, each with air conditioning units. There is a laundry room in the centre that could easily be transformed into another unit. The restaurant has a seating capacity of approximately 60 and is a popular rest stop for many travelling the North. It is also close to snowmobile trails. Above the restaurant sits a 1200 sq ft living space that features 3 bedrooms and a large bathroom. This property has been very well maintained and would provide a great income to anyone willing to invest. Highly motivated seller Asking $525,000. MLS #122339 2913_DJW_3_0022
GAS BAR WITH ROOM TO GROW Sitting in a prime location on Highway 11, this business is a great investment. Featured is a gas bar with storefront/confectionery, as well as large living quarters, with beautiful treed backyard and a 900 sq. ft. apartment. This building has been very well maintained and has had many upgrades over the last few years. These upgrades include a drilled well, certified septic, new windows and re-shingled roof. Sitting on 2.9 acres in an unorganized township, there is plenty of room and opportunity for expansion. Established for over 40 years, with solid financials, you don’t want to miss out on your chance to own this turn-key business. Asking $499,000. MLS #130567 2913_DJW_0011
EXCLUSIVE LISTING A solid business in an expanding market. Established for over 30 years, the 10,000 sq feet of retail space, and adjoining yard ans storage-buiidings, carry a wide range of building supplies, retail hardware, and home products. This is a turn key offering and includes all inventory, equipment and good will. Act now to invest in this well managed listing with a proven franchise name. Tim-Br Mart... Trusted since 1967. Full financial and all other details available with Confidentiality Agreement to qualified buyers only. 2913_DJW_4_0025
INVESTMENT OPPORTUNITY Here are 489 Acres in the high growth area of Matheson. There are 331 Acres currently in production, with approximately 70 more that could be cleared. With another 1000 Acres currently listed for sale, adjacent to this listing, there is potential here for a sizable cash cropping operation. There is an older 2-storey home with recent updates and a good drilled well. This offering represents a great opportunity to invest now and beat rising land prices. Includes mineral rights. Asking $725,000 MLS #130267 2913_DJW_0012
Please say you saw it in The Commercial Investor
Central Ontario
SOLID COMMERCIAL BUILDING This commercial building in Earlton currently houses a chartered bank and a thriving variety store, which is the only one in the area. An additional office space is available to rent. Included in this offering is the variety store with all inventory and good will, and a long term lease with the bank. Owner operates the variety store which includes a lottery terminal, video rentals, and is a dry cleaning drop off centre. Conveniently located with established clientele, this great family business has plenty of room for expansion. This building has been well maintained with a new roof recently installed. Don’t miss this great opportunity. Asking $449,000. MLS #130026 2913_DJW_4_0023
60
Commercial Real Estate & Business Opportunities
Volume 13 Issue 08
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
eastern ontario COverINg: Lindsay • Peterborough • Port Hope • Bowmanville • Cobourg • Trenton • Belleville • Kingston • Northeastern Ontario For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 13 Issue 08
61
Commercial Real Estate & Business Opportunities
8305397_2913
“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
TUNRKEY BUSINESS OPPORTUNITY D CE 0 U 0 9 D , RE 19 $
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. 2913_DJW_4_0110 2913_DJW_3_0111
Turnkey business opportunity Bridal business established for 20 years. Includes goodwill and equipment. Inventory sold separately. Also available for sale 1000 sq. ft. condo unit in busy commercial plaza $122,900. Call Toni Troke, Sales rep. 613-969-9901 for further details. MLS #2133236/2133919. 2913_DJW_5_0109
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. 2913_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. Adam Burr, Sales Rep. 2913_DJW_3_0116
City water. One minute to HWY #401. Cell Tower leased for $1,000 per/month. Great location for commercial or development.
PRIME LOCATION
GREAT INVESTMENT OPPORTUNITY
On the Trent River in just north of the main intersection in the town of Frankford with 50 plus parking spaces and 3 bay attached garage, suitable for retail or office space. $525,000. Contact Bill Mcguire, Sales Rep.
3610 sq. ft. commercial plaza in high traffic area with great exposure. 2 units leased with long term tenants, 610 sq. ft. unit available for lease. Separate meters - tenants pay own heat, hydro, water and sewer. Contact Gerry Gill, Sales Rep. 2913_DJW_0113
Located off Palmer Road in Belleville - site potential for 39 lot townhouse subdivision. Services available at lot line Asking price - $325,000 visit www.sandcherrycourt. com. Contact Jamie Troke or Gerry Gill. 2913_DJW_4_0111
UNION SQUARE
INVESTMENT PROPERTY
HIGHWAY COMMERCIAL
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.
25 acres 4000 ft frontage on Highway 7, one of the busiest intersection in Eastern Ontario. Existing development includes Tim Horton and McDonalds. $450,000 Contact Bill McGuire, Sales Rep. 2913_DJW_0118
QUINTE MALL FOOD COURT
GRANITE COUNTER TOP BUSINESS
2913_DJW_0112
2913_DJW_2_0140
SAND CHERRY COURT POWER OF SALE ED 0 C 0 DU ,0 RE 325 $
Eastern Ontario
D CE 00 U 0 , D RE 365 $
2 acres. R6 zoned excellent site for 69 unit apartment building. www.240yeoman.com 2913_DJW_2_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
2913_DJW_2_0075
2913_DJW_3_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.
2913_DJW_2_0076
2913_DJW_1_0079
Please say you saw it in The Commercial Investor
62 inthenews
Commercial Real Estate & Business Opportunities
Volume 13 Issue 08
MADY Development Corporation selected to build long-awaited BURLINGTON WATERFRONT Mixed-Use Development Mayrose-Tycon Group taps MADY’s mixed-use expertise to construct landmark condo-hotel-retail project
A
fter years of planning, Burlington’s Bridgewater waterfront site is about to undergo a stunning mixed-use transformation.
Mayrose-Tycon Group Principal Matt Jaecklein recently introduced MADY Development Corporation as the development and execution firm on the new Burlington project. The ambitious development at the prime Bridgewater site – the downtown waterfront location owned by MayroseTycon for more than two decades – is predicted to inject new life into Burlington’s waterfront across a range of residential and commercial uses. Upon its completion, the 1.68 acre, 340,000 square-foot mixed-use development will consist of an eight-storey, 152 unit top brand four-star hotel, 170 luxury condominium units across two towers – expected to sell between $500,000 and $3 million, and all featuring stunning lake views – as well as ground-level commercial retail space. It will also include three levels of underground parking. To appeal to residents in search of the ultimate in waterfront living, the project features a central public square with direct access to the Waterfront Trail and Lake Ontario. “The timing behind our decision to move ahead with this project is rooted in a strong belief in the City of Burlington’s long-term waterfront redevelopment plans, the strength of the local economy, as well as the need for new residential and commercial property and a four-star hotel on this unique parcel of prime land fronting a gorgeous stretch of Lake Ontario shoreline, just steps from Burlington’s downtown core,” Jaecklein
said of the location near Burlington’s Joseph Brant Hospital – which is currently undergoing a major expansion – and within easy reach of several major highways. “We chose MADY Development Corporation to build this landmark project based on their long-standing success in mixed-use property development, and their outstanding service record and reputation for on-time, on-budget project delivery.” The development – a critical part of Burlington’s plans to redevelop and revitalize its waterfront – is expected to deliver $250 million in total financial benefits to the local community over 20 years, including 600 man-years of work and 200 fulltime jobs. Approximately 300 new residents will occupy the two residential towers. Jaecklein was joined at the event by MADY’s CEO Charles Mady and Senior Vice President/Chief Financial Officer Greg Puklicz. They outlined the unique architectural and lifestyle opportunities offered by the property’s prime lakeside location and their assessment of the project’s importance to the city’s future.
Photographer: Nicola Betts
Shown (L-R): Mayrose-Tycon Limited Principal Matt Jaecklein, MADY Development Corporation Senior Vice President and Chief Financial Officer Greg Puklicz, Burlington Ward 4 Councillor Jack Dennison, Ward 5 Councillor Paul Sharman, Ward 1 Councillor Rick Craven, Ward 2 Councillor Marianne Meed Ward, Burlington Mayor Rick Goldring and MADY CEO Charles Mady.
Please say you saw it in The Commercial Investor
Volume 13 Issue 08
63 8177055_2913
Commercial Real Estate & Business Opportunities
ProAlliance Realty Brokerage
BRUCE COOKE BBA, CCIM, SIOR Commercial Sales Representative
Independently Owned & Operated
Office: 613-966-6060
E-mail: bruce@cookeproperties.com
www.brucecooke.com
MAtthEw COOKE B.COMM MEAghAn COOKE BA, Sales Representative
Sales Representative
Office: 613-966-6060 Direct: 613-243-5146
Office: 613-966-6060 Direct: 613-243-3949
matthew@cookeproperties.com
meaghancooke@hotmail.com
$325,000 TRENTON 6,000 SF COMMERCIAL BLDG $329,000 CONVENIENCE STORE + RESIDENCE $409,000 7305 SF COMMERCIAL BLDG WITH 6 ACRES
Currently occupied by owner. This was a 5 unit plaza lo- Price includes 3 buildings, Convenience Store, Gift Shop Former Public School converted to office space, surplus cated in the Industrial Park. Existing Equipment rental and and Tackle Shop. Also has Greco Pizza business with store. land for development. Building has many updates. Located sales business also for sale @ $149,000. Spacious apartment. in Belleville. 2913_DJW_0080 2913_DJW_0081 2913_DJW_0082
$249,000 27,721 SF INDUSTRIAL BLDG
$449,900 INVESTMENT PROPERTY 10.8% CAP RATE $259,000 NORTH FRONT ST COMMERCIAL BLDG
1.943 Acre waterfront lot in Tweed. 600 Amp power with Includes 2 bldgs in Downtown core. LCBO & DOLLAR Fantastic location near MacDonald’s in Belleville. High traf3 drive in doors and 1 loading dock. Fully occupied with 3 STORE are the anchor tenants. 2nd floor has 2 apartments. fic flow on Hwy #62. 1,500 SF building with parking. 2913_DJW_0083 Located North of Belleville. 2913_DJW_0084 2913_DJW_0085 tenants on month to month leases.
“This project offers unimpeded views of Lake Ontario, direct water frontage access, and is within steps of the quaint shops of downtown Burlington. With a premium brand four-star hotel on board, I expect this development to become Burlington’s crown jewel,” Mady said of the project, designed by renowned Toronto-based architects Page + Steele/IBI Group. “This is a wonderful opportunity for anyone who has dreamed of living on a prime stretch of Burlington waterfront, all in a complex offering splendidlydesigned amenities and finishes by Gluckstein Design.” “I am very pleased to see this long awaited project for our downtown come on stream. This project is another step to enhancing the redevelopment of our downtown,” said Burlington Mayor Rick Goldring. “The project’s design will ensure open space, access to our waterfront, and provide residents and visitors with a great experience.” LCL Builds – which was involved in the development of Toronto’s Trump Tower – will contribute to the construction of the Burlington project. For more information, visit www.mady.com
Please say you saw it in The Commercial Investor
Eastern Ontario
inthenews
64
Commercial Real Estate & Business Opportunities
Volume 13 Issue 08
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
niagara COverINg: Niagara Falls • Niagara-on-the-Lake • St. Catharines • Thorold • Welland • Fort Erie • Beamsville • Fonthill • Port Colborne For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 13 Issue 08
65
Commercial Real Estate & Business Opportunities
LarryYour“BILKO” Bilkszto Local Sales Representative Since 1989
Garden City Realty Inc. Brokerage Independently owned and operated
Email - bilko@rgcmail.com Web - www.bilko.ca
(905) 641-1110 • (905) 563-3330 Toll Free (866) 575-9400 8494906_2913 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES “BILKO”
23 acres! 3200 sq ft, 5 bdrm brick bungalow w/att grge for 5 cars. Property set up for an equestrian centre. 208'x75' indoor arena & viewing lounge, 450'x250' outdoor sand ring. 12 stall 115'x40' barn w/tack rm & wash stall, 70'x40' 2 storey barn w/2 more stalls. Approx 10 acres planted to cash crop. Pond, mature trees. $1,198,800
Not too many 96 acre parcels of land are for sale in the Niagara Region, but this is one of them! Approx 80 acres leased out for cash crop - the balance is wooded. Great investment or location to build your country estate. $499,800
Attn. Horse Lovers!! 7 Acre farm. 160x70' Indoor arena, 90x50' 21 stall barn w/hay mow, 50x30' shop, 4 paddocks, 160x70' outdoor sand ring. Fully finished 5 bdrm bungalow w/bsmnt walkout & inlaw apt., 3-4pc baths, 2nd kitch, CA, CV, 200 amps, 180' drilled well. $499,800
Downtown Beamsville - General commercial zoning. Owner retiring from his private Doctor's practice. Over 2000 sqft w/4 exam rms all w/sinks, 2 2pc bathrms, reception area, waiting rm, lunch rm & main office. Upstairs has 2 more rms w/hdwd flrs. Full open high & dry bsmnt 30.6x60.6' in size. $299,800
Developers, investors, contractors, here's a project for you! Approved plan of subdivision in 2005 for 9 single family res building lots & 24 unit 3 storey building with 52 parking spaces. Surrounded by city services. Last development on the block in West end St. Catharines near the new hospital & all amenities. $795,000
21+ Acre winery site & vineyard! Just minutes off the wine route & the QEW. 950 Sq ft wine boutique, attached 2910 sq ft warehouse, 6600 sq ft production facility fully functional for grape harvest & wine making. Plus a single family dwelling with finished basement & swimming pool! $1,980,000
416.784.5060 1.877.269.8257
for advertising call toll free
Please say you saw it in The Commercial Investor
11277378_2913
Ontario’s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate
Niagara Peninsula
SPECIALIZING IN FARMS, AGRICULTURE, GREENHOUSES, ETC.. IN THE NIAGARA REGION!
66 inthenews
Commercial Real Estate & Business Opportunities
Volume 13 Issue 08
Canadian dollar to hold near current levels for rest of 2013 and return to parity in late 2014: CIBC Loonie to benefit from better U.S. and global growth next year
T
he Canadian dollar will not suffer the fate of the Australia currency and will hold near current levels through 2013
while seeing a rebound to parity by
the end of next year, finds a new report from CIBC World Markets Inc.
“Analogies to the Australian dollar’s steeper setback are overdone, as the currencies are more like distant cousins than twins in terms of the economic fundamentals. While both are in the so-called “dollar bloc” (an empty phrase in our view based only on the name of the currency), and both countries are developed, commodity exporting nations with historical ties to the UK, on other key fundamentals, the gaps are as wide as their geographic separation.” In the report, Mr. Shenfeld and CIBC Economist Andrew Grantham write that it’s been many years since the two countries were in the same phases of the business cycle. They note that while Canada faired better than most industrial nations, it still experienced a serious recession
“As we expected, the Canadian dollar has been a casualty of disappointing global growth this year, moving even earlier than we forecast to our target of five cents weaker than parity,” says Avery Shenfeld, Chief Economist at CIBC.“But that now has some momentum-style forecasters piling on even more damage ahead. Instead, while normal volatility will no doubt see days with the Canadian dollar a cent or two weaker than today’s levels, we view the bout of Canadian dollar softness this year as an opportunity to buy it ahead of a likely appreciation in 2014.”
in 2008/9 – something Australia managed to escape. As a result, the central banks in the two countries have been on very different courses. When Canada’s interest rates were pushed to record lows, Australian rates were rising to combat inflationary pressures. So while both currencies were hit this year by the implications of soft global growth on commodity prices, Australia was further hit by the decision by its central bank to cut interest rates in response to weaker Australian growth. That’s a story that’s not in the cards for Canada given the much lower starting point for central bank rates,
Unlike a number of forecasters, Mr. Shenfeld does not believe the loonie will suffer the same drop as the Australian dollar.“The deeper dive suffered by the Australian dollar, from US$1.06 in mid-January to 0.91 today, is oft cited as foretelling the Canadian currency’s fate, as the two are seen as twins by many traders.
and the Bank of Canada’s reluctance to add fuel again to household borrowing. But they also point out that the export focus of Canada is much more varied than that of Australia. Australia’s top six exports are all commodities and resources account for
Please say you saw it in The Commercial Investor
Volume 13 Issue 08
Commercial Real Estate & Business Opportunities
around three-quarters of all outbound shipments. Iron ore and coal are the countries leading exports. In Canada, resources still make up less than half of exports, with manufactured products still hanging on to a major role. The country’s top exports are oil, vehicles/parts and machinery.
inthenews
Look for the Canadian dollar to stabilize near current levels in the last half of this year, a buying opportunity ahead of a trade-driven appreciation back to parity in 2014.” The complete CIBC World Markets report is available at: http://research.cibcwm.com/economic_public/download/ eijul13.pdf.
“While resource prices are correlated given their link to the global business cycle, price trends do diverge,” notes Mr. Shenfeld.“Disappointing growth in China, and a shift in its mix towards less resource-using sectors like services, will continue to play much more negatively for Australia’s export prices and related
CIBC’s wholesale banking business provides a range of integrated credit and capital markets products, and investment banking to clients in key financial markets in North America and around the world. We provide innovative capital solutions and advisory expertise across a wide range of industries as well as top-ranked research for our corporate, government and institutional clients.
capital spending. “China accounts for a whopping two-thirds of global iron ore imports – Australia’s key export. In contrast, China’s import share in oil, Canada’s export heavyweight, remains much smaller. The result of Australia’s greater commodities reliance, and specifically to goods tied to Chinese demand, is that China’s boom and slowdown have led to a much higher spike and deeper tumble for Aussie export prices.” The report notes that while Canada’s oil reliance brings its own vulnerabilities, the CIBC economists expect crude oil to average $98 per barrel next year, helped by improving global growth, even if Mideast politics settle down a bit.“One would have to be a huge bear on prices for oil and Canadian manufactured goods to have Canada face as much damage to its terms of trade as that suffered by Australia since mid-2012,” adds Mr. Shenfeld.“The only equivalent for Canada in recent decades was in fact the Great Recession, which included a dive in oil prices to less than $40 per barrel.” The CIBC economists believe Canada faces a potentially more favourable external environment in the coming year, given its greater tie to the U.S. With a lower drag from fiscal policy and further improvement in homebuilding, they think the U.S. economy could see a noticeable acceleration next year and forecast growth of 3.3 per cent vs 1.8 per cent in 2013. In contrast, they expect only a moderate acceleration in China – Australia’s key export driver. “The Canadian dollar should be a beneficiary of better U.S. and global growth next year,” says Mr. Shenfeld. “Talk of an imminent tapering of QE by the Fed appears overdone, and the tap will not be completely turned off until the U.S. economy is strong enough.
Please say you saw it in The Commercial Investor
67
68
Commercial Real Estate & Business Opportunities
Volume 13 Issue 08
The “Street Smart Real Estate Appraiser” –
A Plan
My last article was about Location as it could relate to property appraisal. An experienced appraiser should be able to critically judge different types of locational issues as they relate to the valuation of a property. Some of these questions could be: What are the current neighbourhood issues? Are there changes to factors influencing the location of the property? Do neighboring properties have pride of ownership? Is the commercial exposure good or is it changing with new roadway improvements? Is the political climate going to make an impact on the location? What are the demographic trends in the location? Do you feel safe walking through the neighbourhood location? Is the immediate location close to municipal infrastructure? What I have found in the 20 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 Owners, Engineers, Architects, Consultants ....etc. These people offer an important 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 business owner; typically I talk with business owners that own property to facilitate their day to day business. Large corporations with vast real estate requirements sometimes employ a full-time real estate expert, while several business owners of large corporations out-source these real estate services and deal with them directly. I recently completed a job for a client that gave me lots of real estate advice. One of the real estate valuation techniques I’ll give you is “A Plan”! John Holer emphasized this appraisal “technique”. John is the founder of the well known amusement park known as Marineland. The park was first opened in 1961. Owing to its proximity to the Falls and other natural park areas and its blend of animal attractions and rides, it is one of the main tourist destinations in Niagara Falls, Canada.
Niagara Peninsula
When I want to purchase a property I first have to develop “A Plan”. The Plan needs to include a series of questions: why do I need this property, what are my choices (lease or purchase), could I build it new, how do I finance it, what do I think about the economy and the political climate, what is my exit strategy, do I need more money after I purchase for renovations, etc. The answer to these questions will help develop the overall Plan and aid in the purchase of the property. These are some of the questions a real estate appraiser should ask himself when appraising a property for a client. Ultimately does the Plan make logical sense? Please email me your “Street Smart Real Estate Appraisal” advice to - todd.crawford@dtzbarnicke.com. Todd Crawford is a Designated AACI Real Estate Appraiser, Broker, Consultant, Investor, Property Manager and Business Partner specializing in Commercial Real Estate with DTZ a world wide real estate service firm. 8646421_2913
Please say you saw it in The Commercial Investor
Volume 13 Issue 08
69
Commercial Real Estate & Business Opportunities 8181576_2913
Greg Howe Sales Representative
905-935-6838
Niagara Brokerage
6150 Valley Way, Niagara Falls ON L2E 1Y3 Independently Owned & Operated
905-346-2000 11277217_2913
www.EliteRealtyNiagara.com gamhowe@sympatico.ca
5345 SLATER AVE & 5302 STAMFORD ST NIAGARA FALLS $699,000 ExcLuSIVE LISTING
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.
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 Managers suite with living quarters, all surrounded by an abundance of flowers and greenery. Great return on Investment. Ideal for family run business. Minutes walk to Falls & Casino’s. 2913_DJW_1_0026
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. 2913_DJW_1_0028
Niagara Falls - 57 unit apartment building good net income $5.2 million 2 restaurants in the heart of Niagara Falls both over 3000 sq ft. under $1 million. Can’t sell your property in the Niagara area, I have people who will buy almost anything if you buy their houses or investment properties.
Tony Tripodi Broker
Garden City Realty Inc
Brokerage Independently Owned & Operated
905-641-1110
*INDUSTRIAL*COMMERCIAL*INVESTMENT*
ST. CATHARINES
Exceptional and unique building. 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.
2913_DJW_3_0092
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. 2913_DJW_4_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
2913_DJW_1_0125
inthenews
ollowing the Prime Minister’s announcement of changes to the federal Ministry, President of the Federation of Canadian Municipalities (FCM), Claude Dauphin, responded: “On behalf of Canada’s municipalities, I would like to extend my congratulations to Prime Minister Stephen Harper on today’s appointments, and to all new and returning ministers. I also want to congratulate the honourable Denis Lebel on his continuation in the portfolio as Minister of Infrastructure and Communities, as well the honourable Lisa Raitt on her new appointment as Minister of Transport. The Prime Minister’s decision to separate the transport and infrastructure functions in his Cabinet is a recognition of the key role the Government of Canada’s infrastructure investments play in its economic strategy. This will enable Minister Lebel to continue to work with FCM and other stakeholders on the implementation of the new federal infrastructure plan, while allowing Minister Raitt to focus on key transport issues, including safety.
Municipal leaders are looking forward to collaborating with the new Cabinet on other issues affecting our communities, including the design of new federal housing programs; protecting public safety and preparing for emergencies; building more sustainable communities and protecting our environment; and the municipal role in Canada’s work overseas. We extend our congratulations the Ministers who are taking on those issues as part of their portfolios, including: The Honourable Jason Kenney, Minister of Employment and Social Development The Honourable Steven Blaney, Minister of Public Safety and Emergency Preparedness The Honourable Leona Aglukkaq, Minister of the Environment The Honourable Christian Paradis, Minister of International Cooperation The Honourable Kellie Leitch, Minister of Labour and Minister of Status of Women The Honourable Bernard Valcourt, Minister of Aboriginal Affairs and Northern Development
Please say you saw it in The Commercial Investor
Niagara Peninsula
F
FCM response to Harper’s announcement of changes to the federal Ministry
70
Commercial Real Estate & Business Opportunities
Volume 13 Issue 08
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
business investor The perfect place to list all of your business opportunities For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 or Email: doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com
Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________
Please say you saw it in The Commercial Investor
Volume 13 Issue 08
71
Commercial Real Estate & Business Opportunities
Mortgages
What is the best real estate investment direction for a Real Estate investor? What should I buy? Several single family, duplexes, triplexes, and/or up to 5 units? Or should I take the direction of (commercial) 6 units plus?
Q
: What are the Banks’ criteria for residential single family up to 5 units?
A: Lending criteria has drastically changed in the past year. We are no longer able to achieve high ratio loans above 80% on these types of loans and properties. It has become very challenging to acquire financing in this arena of investing. Income is a major factor. You must be in a position to confirm your income. This makes it much more challenging when you are self employed or a contract worker. Credit scores are also critical. If this is a direction you wish to choose, please confirm that your income is verifiable and that your credit scores are above 650. A lender will also take into consideration all of the other properties owned in this real estate class (residential). Only 50% of the rental income will be considered on the subject property and 100% of the debt (along with any other currently owned) when assessing your qualification. The majority of the lenders do have a minimum loan amount of $80k. Please take note if the circumstance is different there may be a way to qualify; the above statement is based on general lending criteria.
Q
: What are the Banks’ criteria for commercial lending on multiresidential 6 units plus?
A: It is unbelievably easier to obtain a commercial mortgage (meaning 6 units plus) at a higher loan to value. CMHC will allow for up to 85% financing. Yes, CMHC can be a bit challenging to work with as their due diligence is time consuming and thorough. However, it is within reach whether you are self employed or salaried. Your personal income will be secondary as the primary income source for debt service is the rental income on the property. Other real estate assets are a positive attribute and work towards building greater overall net worth. Good credit is a must; lenders will not entertain a poor credit scenario. If you are considering a multi-residential property, please confirm that the debt coverage ratio is above 1.2 (see below for formula*). Please also note that location is a major determining factor in the approval process. 75% Loan-to-Value (LTV) conventional financing is also available with a possible vendor take back if the numbers on the property will support it. This is far less in cumbersome. *Debt Coverage Ratio = Annual Net Income/Annual Mortgage Payment
Q
: What benefit do I have when purchasing multi-residential (6 units+) versus residential (1-5 units)?
A: This depends on each investor’s objectives in investing in real estate and their exit strategy. However, multi-residential from my own experience does come with many benefits. The first would be in the ability to acquire and obtain a mortgage as described above. Second, management is the key to a successful asset, with having multiple units under one roof; it makes this appealing to larger management companies. You must have a solid, trustworthy and reputable company managing your assets. Third, it is much easier to sell off a cash flowing multi-residential property for liquidity purposes. There are economies of scale having many units under one roof. For example, if there are any vacancies, the impact is offset by the revenue from other units and may be handled without costing from your own pocket.
Q
: What direction do I take in real estate investing?
A: This is really a personal perspective and can only really be determined by a personal evaluation from an experienced financier bearing in mind an understanding of one’s ultimate objectives. If you have income that can support the purchase of multiple single-family properties, there are great options for you (i.e. Rent to Own and other strategies). This also may be a great starting point for one to get their feet wet with a smaller investment. If you have some funds that are accessible and your credit score is good, then multi-residential would be a good direction for those interested in a long term investment, a rehabilitation project and/or a possible retirement nest egg.
Q
: Is it wise to find investment partners when getting involved in real estate investment?
A: Based on experience, yes it could be a great strategy allowing you to acquire additional properties. It allows for the ability to arrange additional mortgages and divides the debt and risk amongst multiple investors rather than just yourself. I would however confirm that the parties involved are like minded, have the resources and have the same exit strategy in mind. Proper legal agreements are really necessary regardless (even if it is a close relationship in order to avoid any future misunderstandings or changes in circumstance).
CarmenCampagnaro
A member of
Carmen@profunds.ca
www.Profunds.ca • invest@profunds.ca
1.888.330.3866
3390 South Service Rd., First Floor, Burlington, ON L7N 3J5 | 905.842.7011 x22 | Fax 905.842.7241 9649286_2913
Please say you saw it in The Commercial Investor
Business Investor
President Pro Funds Mortgages lic# M08002562
72
Volume 13 Issue 08
Commercial Real Estate & Business Opportunities
DOORS SALES AND INSTALLATION 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.
JaniTOrial and building MainTenanCe buSineSS in The gTa reVenueS $3 TO $5 MilliOn QualiFied buYerS OrganiZed FOr aCQuiSiTiOn
BUILDING SUPPLIES DISTRIBUTOR
PLASTIC INJECTION COMPANY
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.
R DE UN FFER O
SO
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
NEW OPPORTUNITY PROVIDER OF PBS AND TPA SERVICES
WANTED
SO
LD
ELECTRIC CONTRACTOR
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..
LD
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
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.
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.
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.
BOWLING CENTER 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.
“Selling Your Business is our Business� 416-780-0009 or 1-866-490-9991 Please say you saw it in The Commercial Investor
8157086_2913
Commercial, Real Estate & Business Opportunities
Bill Bradley Sales Representative
416.258.6866
EXIT REALTY YOUR WAY
Brokerage | Independently Owned & Operated Unit 2, 1240 Speers Rd., Oakville ON 905.815.9900
exitwithbill@gmail.com
10228647_2913
Have your “own printing” business with all the equipment and customer list. Sellar 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.
ONLY
$69,900
2913_DJW_2_0081
2913_DJW_2_0082
2913_DJW_2_0059
$199,900
$399,900
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.
BUY BOTH FOR ONLY
$590,000
FOR SALE A wonderful retirement bldg for senior retirees. Discover lovely suites with private bathrooms and all the amenities. Approx. 50 suite plus dining, living room, games room, etc. etc. Could be increased to approx. 65 suites.
ASKING
$3,400,000 2913_DJW_3_0050
2913_DJW_0088
$199,900
2913_DJW_0087
602 MAIN ST. W., DUNNVILLE
$399,900
602 & 606 MAIN ST. W.,
2913_DJW_0089
2913_DJW_0086
606 MAIN ST. DUNNVILLE
DUNNVILLE, ON.
BUY BOTH FOR ONLY
$590,000 21G COM
22G
COM 11274707_2913
11276415_2913
23G COM
9741130_2913