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Commercial Investor - 16 Aug., 2014

Page 1

Aug. 16 - Sept. 13, 2014 Volume 14 Issue 08

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! 17-PLEX - FERGUS, ONTARIO - $1.4 MILLION

OPPORTUNITY IN THE HEART OF NIAGARA FALLS

17-Suite, 2 ½ storey, white brick apartment building with Mansard roof. 7 - One-Bedroom Suites and 10 - Two-Bedroom Suites, featuring controlled entry, balconies, gas baseboard hot-water heating. Building being offered for the first time by Owners. Asking $1.4 Million Exclusive Listing. For marketing brochure, call:

Winston Davies, Broker of Record, WinCorp Realty Inc., Real Estate Brokerage, 45 Keats Crescent, Guelph, Ontario N1G 3B1 Tel: 519-836-2080 – Fax: 519-836-2081 Email: wjmdavies@rogers.com

An Outstanding Investment Opportunity in the heart of Niagara Falls, Ontario. New 5 Year Lease to A Bar/Pub/Nightclub. 9% Cap Rate! Location, Location, Location. Michael Schuler, SIOR. Broker Codruta Vasaliut, Sales Representative Coldwell Banker Integrity R.E. Inc., Brokerage Tel: 289-291-5067 or 289-291-5082

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Huge lot: 103 ft x 165 ft. Backing on to conservation and Beaver Creek. Country setting close to all amenities. Totally renovated. 2000 sf with a double garage. Great opportunity to live, work, expand. Ideal for Professional Offices such as Accountants, Veterinarians, Lawyers, Doctors, Engineers, etc. Ready to move in. Mike K. Nanavati. Broker of Record. Wind Star Realty Limited, Brokerage Tel: 416-730-8484 Email: mnanavati@sympatico.ca

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FREE SUBSCRIPTION!

LAND FOR SALE: $3,250,000

360 Acres in the City Of Kawartha Lakes. 175 km from Downtown Toronto, located on the North part of Canal Lake. The property is divided into 2 parcels: the first has 3100 feet frontage on Canal Lake and the adjacent parcel provides for 50 single family year round lots, Plan of Subdivision.

Guy Scheiner, Sales Representative Sutton Group – Admiral Realty Inc., Brokerage Call (416) 616 2466 between 6:00am – 3:00 pm Email guyscheiner@yahoo.com

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

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MARKHAM Minutes to Woodbine Avenue and Hwy 7

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commercial opportunities DOWNTOWN BINBROOK

NEW LISTING

NEWLY LISTED - FOR SALE

Prime property, near signalized intersection. Approximately 0.8 of an acre, features include solid brick bungalow with many updates & large detached commercial building 48’ X 30’. Tremendous potential in booming community! Call Listing Agent for details. 2514_DJW_0020

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

HomeLife Macro Realty Inc., Brokerage

Higher Standards Agents... Higher Results!™

HomeLife Macro

Independently Owned & Operated

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$649,000

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“ATTENTION INVESTORS AND/OR END USERS! Prime corner investment property with existing multi unit 3000 sqft. commercial plaza (divisible). Adjacent to busy gas bar and c-store. Situated at the corner of Tuxedo and Main Street. Many possibilities! Call Listing Agent for Details! 2514_DJW_1_0029

$689,000 in Hamilton

FOR LEASE

“FOR LEASE”

FRANCHISES AVAILABLE

$129,900

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.

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

$16 PER SQ FT PLUS $4 TMI/CAM

$15 PER SQ FT PLUS $9 TMI/CAM

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COMMERCIAL RETAIL/OFFICE CONDOMINIUM OPPORTUNITY Situated along QEW corridor in Grimsby at Casablanca Blvd. 1100 sq./ft. Units starting at $264,900. Larger units available! Ideal for investors or end user. Surrounded by high density residential development with direct exposure to QEW and major anchors. 2514_DJW_1_0044

Nicholas Kazan, Broker

|

Nicolas von Bredow, Broker

905.574.3038 11268720_3314

1.888.751.2229 www.HLCommercial.ca


SOUTHWESTERN ONTARIO INVESTMENT TEAM

SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities 356 Dundas Street

14.7 Acres Highway Commercial

London, ON

• • • •

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

Queensland Plaza

Dorchester, ON

• 2 parcels of 7.9 acres and 6.8 acres Site Area - 0.30 acres Parking Income - $33,000 - Leased until Aug 2016 • Located on Hamilton Rd., Thames Centre • $70,000/acre/lot or both @ $65,000/acre Taxes - $17,837 (paid by owner) Asking $890,000 Joe Benninger* CCIM Barry Poley* 519 340 2323 519 286 2015 joe.benninger@cbre.com barry.poley@cbre.com

431 Richmond Street

Downtown Kitchener Apartments

London, ON

Kitchener, ON

11276500_3314

Stratford, ON

• • • •

48,028 sq. ft. total leasable space, 8 units 175 parking spaces on 3.93 acre lot Neighbourhood Commercial (C1-2) zoning $3,600,000 ($74.95 per sq. ft.)

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

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

1160 Brydges Street London, ON

• 46 Units - Renovated suites • Walking distance to UW, WLU, City Hall, LRT, Google offices • Asking $5,980,000

• 29,957 sq. ft. total area; 23,057 sq. ft. occupied • Tenants include Robertson Hall Insurance & Shoppers Drug Mart • Asking $10,000,000

• 19,205 sq. ft.; 11,211 sq. ft. occupied by Fed Ex • Net Income: $129,776 • Reduced Price: $995,000

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

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

Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com

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

Superior Office Investment

Free Standing Industrial Building

Kirkland Lake, ON

• • • •

Newer construction (41,011 sq. ft.) 100% Leased to Federal Government Projected NOI (2014): $1,016,617 Asking $14,000,000

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

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

London, ON

• • • •

Approximately 5,875 sq. ft. total 0.8 acres 50% leased for $2,200/month Asking $440,000

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

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

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

12,109 sq. ft. Multi-Tenant Office Building Kitchener, ON

• Great mix of professional tenants • Backing onto the Grand River and close proximity to Hwy 85 • Asking $2,650,000 - 100% Leased Todd Cooney** 519 340 2315 todd.cooney@cbre.com

* Sales Representative ** Broker

www.cbre.ca

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

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www.dtzlondon.com

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

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

$ 1,100,000

SALE / LEASE Strathroy, ON

NEW PRICE $1,050,000 • • • • •

5 Neighbouring Neighbouringincome incomeproducing producing properties (Commercial/Residential) properties (Commercial / Net Income $111,657 (2013) Residential) 10 Cap Valuation – almost fully leased Net Income $111,657 (2013) Potential for Vendor Take Back Mortgage • 10 Cap Valuation – almost fully leased David Jongerden * Ext. 242 Philip Cassis ** Ext. 231 David Jongerden * Ext. 242

• • • •

INCOME INVESTMENT St. Thomas, ON $ 4,300,000

INVESTMENT OPPORTUNITY

RETAIL PLAZA London, ON

$ 12,900,000

6,500 sf – TOTAL SPACE 5,000 sf - Main Floor 1,500 sf - 2nd Floor Main floor can be split

Tyler Desjardine *

Woodstock, ON

Ext. 232

$ 1,590,000

NEW PRICE $1,550,000 • • • •

Long term lease in place AAA tenant 8 Cap asking price Exclusive Listing – Contact listing agents for further details

David Jongerden*

Philip Cassis **

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

• Net Income - $120,500 • 7.8% CAP + Management Fee - $11,000 per annum • 11,000 sq.ft. on 0.59 acres • Building Approx. 93% Leased

Brent Rudell ***

Brent Rudell ***

Tom Rudell *

INDUSTRIAL OPPORTUNITY Goderich, ON $ 234,900

INDUSTRIAL BUILDINGS London, ON

SALE / LEASE Sarnia, ON

• • • •

• 1025 Elias Street $840,000 – 20,600 sq.ft. • 521 Burbrook Place $475,000 - 11,200 sq.ft.

• Lease Rate - $3.00 psf Net

Gary Pollock **

Kenn Poore **

5,600 sf – set up as 5 units New build – light industrial bldg. Zoned M2 Concrete floors

Jameson Lake *

Tyler Desjardine *

Ext. 222

• Sale Price - $1,250,000 • 118,000 sf Heavy Industrial with rail siding

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

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Ext. 236

Ext. 224

11266917_3314

Tel: (519) 438 5588


TORONTO

2S Pro ever pe ed rtie s

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• Asking: $2,400,000 $1,950,000 • High demand Annex area immediately next door to Subway Station & close to Bloor Street West • First property is a 19 unit licensed, upper scale rental accommodation • Second property is a more conventional investment property with 3 apartments + 3 rooms with shared common areas on top floor

• 22 x Bachelors • 1 x One Bedroom • 2 x Two Bedrooms • Seller prefers to sell both properties as a package. (Speak to L/A. Seller may consider sale of individual property) • Call Listing Brokerage office for income & expenses • Treat As Clear • Properties are listed as Heritage buildings

OSHAWA

LONDON

Bu ild Ch ing ara wit cte h r!

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• Asking $875,000 • 1 x Bachelor (Hydro included) • Asking $97,222 per Suite • Subject property is located • 8 x One Bedrooms • Additional upgrades approximately 3KM from the new University of Ontario include unit renovations, roof, Institute of Technology windows & appliances • Potential upside on rents • 5.4% CAP Rate • High efficiency boiler • 20.7% R.O.I. installed 2008 • Treat Financing as • New Hot Water Tank Clear installed Summer 2013 • Vendor may consider • Tenant pay their own Hydro a VTB

t cen Re ades gr Up

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

23 . R.O 4% .I

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

2 Central toronto BuildingS

9 SuiteS

36 SuiteS

CLARINGTON

HALIBURTON

TORONTO

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• Asking $1,595,000 • • Looking for a Live-In & Rental Property? This is it! • • Gorgeous century mansion on 4 acres with 7 legal apartment units • • Large barn on property in good condition. Lots of storage space. • • Beautifully landscaped property with rock waterfalls, walkways, in-ground pool, and lots of trees and shrubs. •

De Futu re ve Po lopm ten e tia nt l

7 x 1 Bedroom 1 x 5 Bedroom House Property frontage is very private with cedar hedges Several large development proposals close to property Property lies within the urban boundary Buyer to do their own Due Diligence. Treat as Clear

7+1 SuiteS

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• Asking: $1,299,000 • Asking $86,600 per suite • Building situated immediately outside downtown area in a beautiful natural setting • Superintendent on-site • Currently fully occupied • Tenants pay own hydro individually metered • Well water is routinely tested & maintained

• 14 x Two Bedrooms 1 x Three Bedrooms • Property subject to registered easement • 6.4% CAP Rate • 17.6% R.O.I • Treat financing as clear • Contact Dani Pizzoferrato for further details

15 SuiteS

Sh or Fu t Rid tur e e L to RT

ON DE ! SI TS P U EN R

• Asking $1,099,000 • Asking $122,111 per Suite • Mutual driveway & rear parking in good condition • Terrazzo hallways & stairs • Sufficient parking & double car garage at rear of building • Legal non-conforming 9-plex • There exists an under ground oil storage tank on the property which is obsolete

• 1 x Bachelors 5 x One Bedrooms 3 x Two Bedrooms • Excellent upside in rents on turnover • Flat roof; thermal windows; building shows well. • Treat Financing as Clear • Superintendent duties performed by owner

9 SuiteS 8172756_3314

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Better Buying Power

THE ULTIMATE ULTIMATE

Initial & On-Going Training Marketing Programs

FRANCHISING

Support from a TeamFRANCHISING of Restaurant Professionals

OPPORTUNITY

Culinary & Menu Support OPPORTUNITY Franchise OppOrTUniTies Inventory Control Systems Welcome to Shoeless Joe’s Sports Grill, Site Selection and Lease Negotiations

Welcome tosports centered the only premium restaurant concept in the market. Shoeless Joe’s Sports Grill, We are the Live the Emotion. the only premium sports centered Ultimate Sports Destination bringing the Ultimate Fan Experience restaurant concept in the market. Experience the Thrill. The UlTimaTe to our guests. are theGrill Franchisee, you receive: aWe Shoeless Joe’s Sports Enjoy Asthe Teamwork. Franchise • Ownership of the Sports Centered Restaurant Category Ultimate Sports Destination bringing Join Today! OppOrTUniTy • NameUs Recognition the Ultimate Fan • Better Buying Power Experience • Initial & On-Going Training to guests. T.our 905.760.1295 ext. 1 Shoeless Joe’s Limited • Marketing Programs franchising@shoelessjoes.ca • Support from a Team of Restaurant Professionals T. 905.760.1295 ext. 2181 s a Shoeless Joe’s Sports Grill Franchisee, you receive: • Culinary & Menu Support www.shoelessjoes.ca franchising@shoelessjoes.ca • Inventory Control Systems Ownership of the•Sports Centered Restaurant Category Site Selection and Lease Negotiations www.shoelessjoes.ca

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Locations Available in:

Live the Emotion.

Better Buying Power Experience the Thrill. Enjoy the Teamwork. Initial & On-Going Training THE Marketing Programs

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Join Us Today! ULTIMATE Shoeless Joe’s Limited

• • • •

London Kitchener/Cambridge Burlington Brampton

• • • •

Mississauga • Peterborough Trenton/Belleville • North Bay Ottawa/Kanata • Pickering Barrie

11287971_3314

Name Recognition

available

9/26/13 12:16:11 PM

Support from a TeamFRANCHISING of Restaurant Professionals T. 905.760.1295 ext. 2181

franchising@shoelessjoes.ca Culinary & Menu Support OPPORTUNITY Franchise OppOrTUniTies www.shoelessjoes.ca 247 CENTENNIAL PARKWAY N.

available

QEW & CENTENNIAL PARKWAY - 45 GODERICH

Inventory Control Systems Welcome to Shoeless Joe’s Sports Grill, Site Selection and Lease Negotiations

the only premium sports centered 9/26/13 restaurant concept in the market. We are the Ultimate Sports Destination bringing the Ultimate Fan Experience to our guests.

third page ad.indd 1

12:16:11 PM

Live the Emotion. Experience the Thrill. The UlTimaTe Enjoy the Teamwork. Franchise Join Us Today! OppOrTUniTy

As a Shoeless Joe’s Sports Grill Franchisee, you receive: • Ownership of the Sports Centered Restaurant Category • Name Recognition

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Live the Emotion. 905-777-0252 ext 304 Experience the Thrill. E-mail: info@desantis.com Enjoy the Teamwork. www . d eUs s a Today! ntis.com Join

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Office building with high visibility and easy highway access. Space available from 5985949 sq. ft. from $11.00 per sq. ft. net featuring several offices and boardroom with great natural light. Building includes plenty of parking & signage.

Locations Available in: • • • •

London Kitchener/Cambridge Burlington Brampton

9/26/13 12:16:11 PM

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Shoeless Joe’s Limited T. 905.760.1295 ext. 2181 franchising@shoelessjoes.ca www.shoelessjoes.ca

• • • •

3314_DJW_1_7007

Mississauga • Peterborough Trenton/Belleville • North Bay Ottawa/Kanata • Pickering Barrie

8148088_3314

Shoeless Joe’s Limited T. 905.760.1295 ext. 2181 franchising@shoelessjoes.ca • Site Selection and Lease Negotiations www.shoelessjoes.ca

11287971_3314

• Better Buying Power

Office/retail spaceTraining in highly visible location at • Initial & On-Going T. 905.760.1295 ext.Plenty 1 of the• corner Centennial & Barton. Marketingof Programs parking, signage in high trafficProfessionals area. Close to franchising@shoelessjoes.ca • Support from a Team of Restaurant the• QEW and RedSupport Hill Parkway. Unit available Culinary & Menu www.shoelessjoes.ca at 4150 sq. ft. with rent from $7.50/sq. ft. • Inventory Control Systems net. TMI $7.50/sq. ft.


$2M 146-154 ERB ST W

Four properties on 0.46 of an acre. Zoned MR-6. Architectural concept drawings for a 6 storey, 30 Unit condominium building with 1 level of underground parking. Call Ryan Briggs

$600,000

Charming Century Home situated on 2.73 acres of land 5 minutes South of the Town of Fergus and 10 Minutes from Guelph. Includes a 1 Bedroom accessory apartment, 3,000sf detached workshop, all individually metered. MLS. Call Ryan Briggs

• 0.86 acre of multi-residential development land. • Approved for 24 units. • Close to Expressway, Ottawa St S and Westmount Rd. • Call Chris McFarlane

• Triplex with ample parking for 8 cars in the rear. • Updated furnace and wiring, in suite laundry in two units

$314,900 316 WEBER ST. W. KITCHENER $294,900

• Upstairs 2 bedroom rented for $900 • Two bachelor units rent for $750 • All rents are inclusive. MLS • Call Ryan Briggs

• Legal duplex on bus route • 1 Bed + den and 2+1 Bed & finished basement • Close to Downtown Kitchener & Uptown Waterloo

• Individual laundry, hydro meter & heat control • Ample parking. • MLS • Call Ryan Briggs

• 5,500 sq ft available with storefront • High traffic location close to big box stores • Zoning Specialized Service

Commercial with many retail, office and service uses • Exclusive • Call Ryan Briggs

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LEASED $9.50/SF 60 - 66 CHURCH ST, KITCHENER

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LEASED 450 FREDERICK ST, KITCHENER

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Kitchener, shopping and all amenities • MLS • Call Ryan Briggs

• 2nd & 3rd floor office space • Sizes from 400 sf to 5,100 sf available • Elevator and onsite parking

• 3 buildings totalling 11 residential units • Downtown Kitchener location • Close to public transit & future LRT stop

$1.5M

• Retail units and Pad Site available • Mall undergoing extensive renovations • On Bus Route and Highway 7/85

• Great nieghbourhood mall with 23,603 AADT (2012) • Join Valumart, CIBC, Dollarama and many more • Call Duncan McLean

11280798_3314

• Two one 1-bed units • Separately metered plus coin laundry • Numerous recent updates • Walking distance to downtown

3.83 acre Hobby Farm located 5 minutes from Fergus and 10 minutes from Guelph. The property features 1,825 square foot 4 bed, 3 bath, farm house with an 800 square foot 1 bedroom accessory apartment, 3 horse paddocks, 3,000 square foot barn with 5 horse stalls, water, and hydro. MLS. Call Ryan Briggs

KITCHENER $219,900 51 WOODLAWN RD W, GUELPH $16.00/SF FREDERICK MALL, LEASED

3314_DJW_1_0093

190 LANCASTER ST E, KITCHENER

$699,900

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3314_DJW_1_0160

53 MADISON AVE N, KITCHENER

3314_DJW_0008

58 HOWE DRIVE

• Close to Highway 24 and 20 minutes to Guelph & Orangeville • Call Ryan Briggs

$699,900 8418 SIDEROAD 30, FERGUS

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3314_DJW_0009

• 1.62 acres R-6 development land. • Close to shopping, schools and parks. • Proposed development for 72 rental units or 42 retail condo units. • Call Chris McFarlane

• Five, one acre lots for sale • Market Street, Everton is being extended prior to final severance

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$1,200,000 8372 SIDEROAD 30, FERGUS

190 CENTURY HILL

$1.225M

3314_DJW_1_0074

3314_DJW_1_0094

• 9 single detached plus 27 townhome lots • Services on street • Close to Woodstock • Call Ryan Briggs

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$1,900,000 ESTATE LOTS, EVERTON

3314_DJW_0102

RESIDENTIAL LOTS, INNERKIP

PORT ELGIN: • For lease 2,400 SF unit in 30,000 SF plaza, • Former Curves space, • Excellent location, unit in great condition ROCKWOOD, ON

• Close to expressway • Landlord will renovate for qualified tenant. • Call Duncan McLean

KITCHENER, ONTARIO

519.578.0337

CELL:

• Ample parking including 8 garages • 6.34% CAP Rate. • MLS • Call Chris McFarlane

• Close to Guelph, Tim Hortons. • Ideal for restaurant & services uses. • Pre-leasing.

RYAN BRIGGS

DUNCAN MCLEAN

CHRIS McFARLANE

Sales Representative

Sales Representative

Sales Representative

519.498.5775

Ryan@cmarealty.ca

CELL:

519.590.7997

CELL:

519.588.6683

Duncan@cmarealty.ca chris@cmarealty.ca 7G

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8155064_3314

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www.pebble-creek.ca Tel: 519-524-4371 HARBOUR LIGHTS MARINA, BAYFIELD

Rennie Armstrong Broker rennie@pebble-creek.ca

Monique McIlhargey Broker of Record monique@pebble-creek.ca

519-525-8099 direct

519-441-7430 direct

TURN-KEY AUTOMOTIVE SHOP AND BUSINESS IN GODERICH

PRIME COMMERCIAL LOT ON BUSY SUNCOAST DR. IN GODERICH

$1,150,000

$425,000

Turn-key automotive shop and business along arterial road in Goderich. Five bay, steel clad, in floor heat, 2008 building. Heavy duty pavement. Over 3700 sq ft shop plus 500 mezzanine storage, 960 sq ft recepiton/office area. MLS #267137

1.43 acre lot with over 216 ft of frontage. Highway Commercial zoning allows a multitude of uses. Loated across from Goderich Y, near mall, McDonalds and new retirement building. MLS# 267137

$5,900,000

Incredible opportunity to own the largest pleasure craft harbour on Ontario’s West Coast. The Marina features 247 boat slips and full marine services. This unique property of more than 21 acres boasts incredible development potential. Truly, one in a million. Contact Rennie Armstrong 519.525.8099. MLS #988534 3314_DJW_0087

3314_DJW_0088

11289392_3314

53 West Street, Goderich

3314_DJW_0089

FOR SALE UNIQUE PRIME LOCATION FRONTING 3 STREETS

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15,000 SQ FT DOWNTOWN ST. CATHARINES ASKING $1,475,000

Property for sale OWNER WILL HOLD MORTAGAGE for a reliable party with a reasonable down payment. The property is close to the entrance of the 406 Hwy. A short distance to the brand new Meridian Arena with 5000 plus seats plus the Brock University multi-million dollar School For The Arts and adjacent to the brand new Performing Arts Center. The building is also right on the new St. Catharines wine route. There is parking for 30 plus cars on site with commercial zoning open to many uses, a flooring store last 35 years all reasonable offers considered, former owner now retired.

Contact: Larry Phone: 905-684-9676 - Email: thursdays2@gmail.com 11289226_3314

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NEW FRANCHISE OPPORTUNITIES

BEAMSVILLE, OSHAWA & OTHER LOCATIONS ACROSS ONTARIO

www.crabbyjoes.com 8302229_3314

For More Information: 1.877.272.2952 • development@obsidiangroupinc.com

ATTENTION

Fantastic Opportunity

For Builders/Developers/Investors

OWNER WILL CONSIDER PROPOSALS FOR OUTRIGHT SALE OF THE DEVELOPMENT OR JOINT VENTURE WITH A PREMIER HI-RISE BUILDER

For more information send serious inquiries to info@triumphcondo.com include your full corporate contact info. 11267146_3314

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• High Demand Mississauga Development Location • Approved 15 storey 146 Residential Unit Condominium • Approved 5400 sqft ground floor commercial • Steps to Go Train, Shopping, Parks and Lake • Site Plan Application Filed • On Site Presentation Centre

PRINCIPALS ONLY


Volume 14 Issue 08

1

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

INDEX

READ BY over 100,000 Business Readers! distributed in over 1,700 locations! huge coverage area - windsor to ottawa!

Kitchener, Waterloo & Guelph

4

Southwestern Ontario

11

Hamilton

16

Greater Toronto Area

30

Central Ontario

44

Eastern Ontario

51

Niagara

55

Haliburton Business Opportunities

61 Smiths Falls

Collingwood Campbellford

Get the full coverage you need – advertise in Commercial Investor

Gananoque

Bowmanville

Next issue:

September 13, 2014 Advertising deadline: Niagara Falls

September 2, 2014

Fort Erie

For advertising information call

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

401 The West Mall, Suite 500 Etobicoke, ON M9C 5J5 Tel: (416) 784-5060 Fax: (416) 789-9705 Toll Free: 1-877-269-8257 PRESIDENT WALL2WALL MEDIA Jacqueline Hill

DIRECTOR OF SALES Josh Heppner MEDIA CONSULTANT Doreen Wills SALES CO-ORDINATOR Jennifer Mardini, Nobia Bhatti (on leave) SENIOR PRODUCTION MANAGER Bala Gnanapandithan PRODUCTION MANAGER Nikki Yarwood

EDITOR-IN-CHIEF DIRECTOR OF CONTENT Susan Legge

PRODUCTION CO-ORDINATOR Deenisha Doodnath Pierre Farhan Lindsey Burton (on leave)

EDITOR Elisa Krovblit

CIRCULATION INQUIRIES 1-866-580-5960 ext.3242

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2

Volume 14 Issue 08

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Special Features 10 BUSINESS BAROMETER — Optimism among small business slips again in July 12 IN THE NEWS — Kitchener and Cambridge top the list of Ontario towns to invest in real estate 28 IN THE NEWS — Outlook improves for small and medium metropolitan areas: Conference Board 33 BUSINESS SAVVY — Clever quick tips for business travel 40 TREB REPORT — GTA commercial realtors report latest commercial market figures 48 MONEY SENSE — 10 ways a CGA can help your small business 56 IN THE NEWS — Outlet Collection at Niagara opens to crowds and fanfare in Niagara-on-the-Lake GLOSSY SECTION EDITORIAL

p. 12

12 BUSINESS SAVVY — FIRST STEPS TO STARTING A SMALL BUSINESS BY GEORGE GRIGNANO & WILL TOWNSEND 18 LEGALLY SPEAKING — WHAT IS RENT AND WHY IS IT IMPORTANT? BY JAYSON SCHWARZ

p. 56 Please say you saw it in The Commercial Investor


Volume 14 Issue 08

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Commercial Real Estate & Business Opportunities

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KITCHENER, WATERLOO & GUELPH

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

KITCHENER, WATERLOO & GUELPH SECTION COVERING: Cambridge Durham Elora

Fergus Guelph Kitchener Waterloo

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

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Volume 14 Issue 08

5 Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

519-745-7000

Grand Valley Realty BROKERAGE INDEPENDENTLY OWNED AND OPERATED

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

Mike Milovick B.B.A., Sales Representative

CI@TeamMilovick.com

fax: 519-489-1333

www.TeamMilovick.com

8302191_3314

Royal LePage

Invest in Ontario’s Number 1 Town Today!

Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 119 UNIVERSITY AVENUE WEST, WATERLOO

• • • •

1,299,000

$

2914_DJW_1_0106

264-268 LESTER STREET, WATERLOO

195 COURTLAND AVENUE EAST, KITCHENER

D L O S

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

669,900

14 YOUNG

• Multi-Res infill site • Potential 20 unit site • Easy walk to future LRT

• Steps to UW • MLS ®

544,900

$ • Proposed site plan available • MLS ®

2514_DJW_1_0099

STREET•WEST,

465 HAZEL STREET, WATERLOO

$

1,200,000

$

$99,700+ Gross Income Corner Lester and University Steps to Both Universities MLS®

2914_DJW_1_0118

WATERLOO

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

435 TAMARACK DRIVE, WATERLOO

144 ERB STREET WEST, WATERLOO • $39,000+ Potential Gross Income! • Desirable 5+2 Bedroom Layout • Steps to Waterloo Park, Easy • Walk to Universities

2514_DJW_1_0019

429,900

$

$

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

• Seller VTB possible OAC

349,900

• $27,000+ Potential Gross • Rental Licensed

• MLS ® 2514_DJW_1_0107

122 GREENBRIER DRIVE, WATERLOO

359,900

$

• $27,000 + potential gross income • Ideal opportunity for entry level investor

419,900

$

• Recent updates • Leases in place to August 2014 • MLS ®

• $43,000+ gross income • Re-rented to August, 2015

3314_DJW_2_0006

511B GLENELM CRESCENT, WATERLOO

399,900

$

• MLS ®

244,900

274,228

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

5.15 PSF

• Turnkey operation • MLS ® 2914_DJW_1_0110

• $5.15 PSF • 4871 SF in Flexible B2 Zoning • Desirable Huron Business

• Quick walk to WLU

• 97 Walk Score • MLS ® 2914_DJW_1_0109

1305 VICTORIA STREET NORTH, KITCHENER

$

Investment

Walk score of 87 5.77% Cap 7.26% Cash on Cash Over $7,000+ Potential Cash Flow MLS ® 2914_DJW_1_0019

$

2514_DJW_0118

• 7 student licensed property

• • • • • •

9-12 BRIDGEPORT ROAD EAST, WATERLOO

I-52 MCINTRYE PLACE, KITCHENER

$

• $24,000 potential gross • Within 800 M to pro posed LRT • Freehold, Licensed

• Lots of Big Ticket Upgrades/Updates • MLS ®

386 ALBERT STREET, WATERLOO

D L O S

2914_DJW_1_0108

bedroom layouts close to both Universities • Spacious bedrooms, two car garage for landlord or tenant storage. MLS®

7.00 PSF

$

Park • Reasonable CAM of $3.42 PSF • MLS ®

3314_DJW_0025

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

Please say you saw it in The Commercial Investor

• 41,000 Vehicle Traffic Daily • MLS ® 2514_DJW_1_0105


6

Volume 14 Issue 08

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211

www.coldwellbankerpbr.com/commercial OFFICE/RETAIL FOR LEASE

e: commercial@coldwellbankerpbr.com

OFFICE/RETAIL FOR LEASE

1,321 to 5,505 SF · $21.00/SF · Exclusive · Kitchener 477-750 SF · $70.00 - $120.00/SF · MLS:1427684 New plaza with high exposure & traffic. Located beside 1431606 · Waterloo · Food Court style units located high school, high density new residential. Lester Tobin* on the corner of University & Lester St. In a 3 storey retail &17 storey student res. bldg. Access to over 7,231 SF · $12.00/SF · EXCLUSIVE · Waterloo 2,000 in-house students & over 70,000 University Well located free standing office bldg. On-site Parking students. Lester Tobin* for 25. A lot of private & open support areas. John Hoffman* 1,475 SF · $10.00/SF · MLS:1414175 · Kitchener Last unit! Newly upgraded, near new mega court1,100 SF · $14.00/SF · EXCLUSIVE · Kitchener house and the downtown core. Parking Available. Last Unit! High Profile plaza. Ample on-site parking. Lester Tobin* Good tenant support. Lester Tobin* 10,500 SF · $12.00/SF · MLS: 1417248 · Kitchener 2,598 SF · $11.00/SF Net · MLS1417180 · Kitchener Located near Fairview Park Mall with exposure to High traffic with 44,914 Vehicles daily. C-6 Zoning. the expressway. Ample on-site drive-up parking. John Hoffman*/ Gary Boudreau* Lester Tobin* 2,025 SF· $18.00/SF · MLS 1411896 · Kitchener 4,900 SF · $20.00/SF · EXCLUSIVE · Kitchener New Commercial/Office unit on main flr of 6 storey Within mixed-use corridor, over 33,000 cars daily, apartment bldg. Ample on-site drive up parking. abundant parking on-site! Many uses, awesome Lester Tobin* renovations planned. John Hoffman* 1,340 SF · $7.35/SF · MLS 1421725 · Cambridge Up to 300,000 SF · $18.00/SF · EXCLUSIVE Retail space, ideal for automotive use, sign shop, glass service, car audio. Shawn Quilty*/ Roman Ginzburg* Waterloo· Build to suit. Close proximity to many amenities. Excellent access to Hwy 85. 4,200 SF · $10.50/SF Net · MLS: 1418072 · Waterloo Peter Benninger** Busy location, close to UofW, W.L.U & Conestoga 3,267 SF · 14.00/SF Net · MLS:1427740 · Kitchener Pkwy. I-6 Zoning. Gary Boudreau* Turn-key restaurant space complete w/ kitchen, hood, equipment, bar & washrooms. Prime 2,600 SF · $14.00/SF · MLS: 1424102 · Cambridge location. Lester Tobin* Prime retail space in the heart of downtown Galt. Roman Ginzburg*/ Shawn Quilty* 2,050 SF · $16.00/SF · MLS: 1424242 · Brantford End cap retail unit. Drive-up parking. HWY exposure. 1,049 SF · $19.95/SF · MLS 1424548 · Kitchener Lester Tobin* Last unit! Drive-up retail/office unit located in newly developed community, minutes from Hwy # 401. 1,900 SF · $14.00/SF · MLS:1427741 · Kitchener Lester Tobin* Prime downtown location near many new 1153 SF- 3,853 SF · $24.00/SF · $30.00/SF · Exclusive developments and future LRT route. Lester Tobin* Kitchener · New space at Sportsworld Crossing. Join 4,600 SF · $14.50/SF · MLS: 1427910 · Cambridge existing retail and restaurant traffic. Lester Tobin*/ Gary Boudreau* Landmark 2 storey historic bldg, fully modernized. 35 parking spaces, public transit at front door. Ideal 2,500 SF · $14.00/SF · MLS:1424737 · Kitchener for medical use, private school, office, retail. Roman Ginzburg*/ Shawn Quilty* Free on site parking. Seconds away from Conestoga Expressway Gary Boudreau* 3,347 SF · $16.00/SF · MLS: 1411621 · Kitchener 2,420SF - 4,500 SF · $12.50/SF · MLS: 1432049 12 windows overlook Frederick /Lancaster 2 blocks 1414253 · Cambridge · Well established, high traffic from new regional courthouse. On site parking. Well neighbourhood plaza. Ideal space for salon, medical built building. High exposure. use, insurance. Only two units left. John Hoffman*/Gary Boudreau* Roman Ginzburg* /Shawn Quilty* 8,246 SF · $5.99/SF · MLS: 1432295 · Cambridge 4,725 SF · Divisible · $18.00/SF · MLS: 1434022 Great location. High visibility. Just south of Kitchener · Medical/ Retail Space. High profile location Hwy#410. Ample on-site parking. Small kitchen available. Lester Tobin* with traffic counts over 40,000 per day. Ample on-site drive up parking. Join other tenants including Costco, 920 SF · Divisible · $1,999/ Month · MLS:1337773 Home Depot, Empire Theatre and many more Lester Tobin* Waterloo · Impressive, 2nd floor office in well-known building. Abundance of natural light. 24/7 electronic 2,400 SF · $5.50/SF · MLS: 1431886 · Kitchener reader board. Free parking with many amenities Excellent space in 5 unit ind. bldg. Suitable for small nearby. Very accessible, Hwy 85 & iXpress seconds manufacturing or service commercial business. Easy Colin Vogel* away. access to Guelph, K-W & Cambridge. R. Blake Hull* 3,730 SF · $5.75/SF · MLS: 1428354 · Kitchener 2,306 SF · $5.75/SF · MLS: 1428358 · Kitchener Fully carpeted, 5 offices & large open area. Very central location, Finished office w/ 2 w/r’s. Large John Hoffman* Garage door, 17’ clear ceiling in shop. John Hoffman* Mezzanine, lunch room.

* Sales Representa�ve ** Broker of Record 8331512_3314

Please say you saw it in The Commercial Investor

OFFICE/RETAIL FOR LEASE 1,485 SF - 2,056 SF · $19.00/SF · MLS: 1432155 · 1432163 · 1432162 · Waterloo Located at the entrance to the new Carriage Crossing upscale community. Zoning allows for many uses including retail, business, medical office and more. Only 3 units left! End Cap unit w/ finished patio! John Hoffman*/Gary Boudreau*

OFFICE/RETAIL FOR SALE BEAUTIFUL LIVE/WORK SPACE FOR SALE 3,349 SF · $724,900 · MLS:1431943 · Waterloo Tons of oldworld charm! Features bright and spacious office space + 2 accessory apartments. Can easily be converted to student accommodation. Ideal Live/Work space. Roman Ginzburg*/ Shawn Quilty* RETAIL OR REDEVELOPMENT SITE 1,586 SF on 0.12 Acres · $995,000 · MLS: 1421708, 1421709 · Kitchener · Unique High Profile Location Corner Lot. Located beside farmers market. Great Redevelopment site. Lester Tobin* RETAIL INVESTMENT PROPERTY 4,800 SF · $1,050,000 · MLS:1411192 · Kitchener Fully rented, long term leases in place . Located near Kitchener’s New Mega Courthouse. Lester Tobin* 1,462 SF · $379,000 · MLS:1417538 · Waterloo New, well appointed condo unit. Busy street with excellent exposure. Close to Uptown Waterloo. R. Blake Hull* 1,572 SF · $399,000 · MLS: 1427824 · Waterloo 3 Bedroom Commercial/ Residential property in Uptown Waterloo. Lester Tobin* 5,600 SF · $699,000 · MLS: 1324349 · Kitchener Five unit industrial building, recent extensive renovations. R. Blake Hull* 3,931 SF · $3.00/SF · MLS: 1414196 · Kitchener Dry storage or distribution at a low cost. Extra yard space available. John Hoffman* INDUSTRIAL/WAREHOUSE FOR LEASE/SALE INDUSTRIAL/OFFICE WITH 2 BEDROOM HOME 13,000 SF + 900 SF Home · $995,000· EXCLUSIVE Cambridge · On 1.3 Acres. Cor ner Lot. Lester Tobin* 1,560 SF · $269,000 · MLS:1425046 · Cambridge Downtown Preston property. Main floor retail, 2nd floor office or residential. On-site parking. Lester Tobin* 9,360 SF · $6.50/SF · MLS: 1431568 · Kitchener 16 Dock doors, 21’ clear span shop. Great for high volume trucking business. Large land for truck and trailer avail. At an extra expense. 7,699 SF shop & 1,661 SF office. John Hoffman*


Volume 14 Issue 08

7

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211

www.coldwellbankerpbr.com/commercial INDUSTRIAL/WAREHOUSE FOR LEASE/SALE RESIDENTIAL/WAREHOUSE CONDO 2,358 SF · $389,000 · MLS: 1424822 · Kitchener Live/Work opportunity! Legal 1,160 sf residential,1,015 sf warehouse &183 sf office condo. Lester Tobin*

e: commercial@coldwellbankerpbr.com

1 Acre · $3,050,000 · MLS:1427736, 1427709, Kitchener · Land assembly · Walking distance to future transit hub, tech hub, school of pharmacy. MU1 zoning allows for mixed commercial and residential development. Roman Ginzburg*/ Shawn Quilty*

INVESTMENT FOR SALE

10,688 SF · $6.75/SF · MLS: 1425044 · Waterloo Great Location. Exposure to King St. N. Across from Conestoga Mall. John Hoffman* 16,164 SF · $975,000 · MLS: 1417413 · Cambridge Owner/user or multi-tenant building, ample on-site parking. Located on busy artery just south of Hwy 21,775 SF · $5.50/SF · MLS:1431522 · Kitchener #410. Lester Tobin* Excellent manufacturing and/or warehouse facility. Good power, loading and parking. R. Blake Hull* 38,000 SF · $2,900,000 · MLS:1428164 · Cambridge Prominent fully occupied bldg. in the downtown core of Galt. Great re-development opportunity for brick & LAND FOR SALE beam residential, commercial or mixed use. Roman Ginzburg*/Shawn Quilty* 1.9 Acres · 7.1 Acres · $440,000-$640,000 25,182 SF · $2,420,000 · MLS: 1417598 · Brockville MLS: 1338181,1337964 · Cambridge Walking distance from Hospital. Great reExcellent development opportunity! May be combined to development site. Some medical onsite. maximize residential development. John Hoffman*/ Gary Boudreau* Roman Ginzburg*/ Shawn Quilty* 16,219 SF · $1,950,000 · MLS:1417605 · Kitchener 66.58 Acres · $2,200,000 · EXCLUSIVE Rare opportunity to renew existing or build new in this 1.6 Acre site. Zoned C-2-very dynamic zoning. Cambridge · Under consideration to change OP John Hoffman*/ Gary Boudreau* designation to industrial. Peter Benninger** HIGH-DENSITY MIXED-USE DEVELOPMENT! 5.09 Acres · $4,250,000 · EXCLUSIVE · Cambridge 5 min walk to Cambridge Centre Mall.3 min drive to hwy 401 Directly across from natural conservation area. Peter Benninger**/Colin Vogel*

D

6,300 SF · $1,399,000 · MLS: 1424001 · Kitchener RETAIL PLAZA with four tenants using all five units. Coffee time, variety store, massage, Island grill restaurant. Blake Hull*

SOL

900 SF · $39,000 · MLS: 1417627 · Waterloo University Campus Hair Salon business in the 4.49 Acres · $1,995,000 · EXCLUSIVE · Kitchener Student Life Centre. Fully Staffed. Lester Tobin* Highly visible, high traffic site. Central to existing retail & proposed employment lands. Peter Benninger**

HIGH DENSITY MIXED USE DEVELOPMENT 3.25 Acres · $5,850,000 · EXCLUSIVE · Kitchener Frontage on 2 major streets at gateway to downtown Kitchener. Excellent access to Hwy 401 via Hwy 8 Directly on proposed light rail transit route. Peter Benninger**/Colin Vogel*

BUSINESS FOR SALE 5,887 SF · $449,000 · MLS: 1424714 · Cambridge Turn key casual upscale restaurant & bar. Excellent opportunity for an established restaurateur to operate a high end restaurant in a prime and proven Cambridge location. Roman Ginzburg* /Shawn Quilty*

37.5 Acres · $3,000,000 · MLS: 1244781 · Port Elgin Incredible investment. At the gateway to Port Elgin.800 3,280 Sq. Ft. · 110 Seats · $449,000 · EXLCUSIVE meters from new Walmart plaza a few minute walk to one of the most beautiful sandy beaches in Ontario! Waterloo Region · Highway family restaurant with Roman Ginzburg*/ Shawn Quilty* liquor license. High income - Low rent. Lester Tobin* Approx. 217 Acres · $4,340,000 · EXCLUSIVE 5 Bedrooms · $449,900 · MLS: 1427835 · Kitchener Waterloo Region · Currently Being Farmed. Call for full Student rental house - Beautifully finished w/fully info pkg! Peter Benninger**/Colin Vogel* contained Basement Apartment w/kitchenette. Easy access to Conestoga College. Roman Ginzburg*/ Shawn Quilty* RETAIL OR REDEVELOPMENT SITE 1,586 SF on 0.12 Acres · $995,000· MLS:1421708, 1421709 · Kitchener · Unique High Profile Location MULTI FAMILY FOR SALE Corner Lot. Located beside Kitchener’s farmers market. Great Redevelopment site. Lester Tobin* 36 Units · $15,7500,000 · MLS: 1417110 · Waterloo 2.0 Acres · $500,000 · MLS: 1337641 · Kitchener Modern loft style units. Recently constructed, purpose built steps to U of W & W.L.U. L.E.E.D Corner of Trillium and Huron with excellent access to quality construction, separate hydro meters. Hwy 7/8 and Hwy 401. Many uses permitted. Eric Reiner* Colin Vogel*/Peter Benninger**

INVESTMENT OPPORTUNITY 48 Units · $19,000,000 · MLS: 1411851 · Oshawa Purpose built (2013) 4 storey student residence. 235 bedrooms. Short walk to UOIT. Eric Reiner* Attractive 3,4&5 bedroom units. 19 Units · $8,200,000 · MLS: 1417109 · Waterloo Recently constructed purpose built L.E.E.D quality construction, steel roof, separate hydro meters, manager’s office. Attractive long term mortgage available O.A.C. Eric Reiner* 20 Units · $3,950,000 · MLS: 1417251 · Elmira Recently constructed , only steps to downtown Elmira. Concrete construction, elevator, parking garage, amenity space, oversized units, A/C, in suite laundry, separate meters for hydro & gas. Eric Reiner* 13 Units · $5,600,000 · MLS: 1417107 · Waterloo Recently constructed, purpose built investment property. Close to U of W & W.L.U. controlled entry w/ video surveillance, separate meters for gas and hydro. Eric Reiner* 5 Bedrooms · $484,000 · MLS: 1427697,1427699, Kitchener · Renovated 5 bedroom 2 bathroom house with finished basement. Ideal for student accommodation/ Investment property. Roman Ginzburg*/ Shawn Quilty*

For Commercial Real Estate Solutions in Canada's Technology Triangle, contact any one of our sales representatives, or call 519-743-5211.

SALES REPRESENTATIVES: Gary Boudreau Selby Colson Mike Flynn Roman Ginzburg John Hoffman Mark Hopkins Bill Halpenny R. Blake Hull Shawn Quilty Eric Reiner Lester Tobin Colin Vogel Harmony Voisin

· · · · · · · · · · · · ·

ext. 3029 ext. 3100 ext. 3037 ext. 3103 ext. 3040 ext. 3020 ext. 3120 ext. 3032 ext. 3106 ext. 2099 ext. 3023 ext. 3110 ext. 3117

BROKER OF RECORD: Peter Benninger

· ext. 3000

* Sales Representa�ve ** Broker of Record Please say you saw it in The Commercial Investor

8171433_3314


8

Volume 14 Issue 08

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

519.742.7000 www.coupalmarkou.com

LEASING OPPORTUNITIES 660 FISCHER-HALLMAN RD, KITCHENER

6 BRYBECK CRES, KITCHENER

164 BELMONT AVE W, KITCHENER

D

3314_DJW_0112

3314_DJW_0113

3314_DJW_0118

ST E JU UC D RE

• 31 Unit - 3 Storey walk-up • Semi-sold construction • Ample parking • Walking distnace to many amenities • $2,712,500

• 23 Unit - 3 Storey walk-up • 1 -1 bedroom, 17-2 bedrooms, 5-3 bedroom • 0.726 acres • $2,375,900

• 2,770 sq ft • Beautifully appointed multi-level, mixed use property • Extensive landscaping and patio areas • High traffic exposure, 58,196 vehicle daily • $749,000

3314_DJW_0116

• 23 Unit - 3 Storey walk-up • 1-1 bedroom, 17-2 bedrooms, 5-3 bedroom • 0.692 acres • $2,375,900

88 BRYBECK CRES, KITCHENER

3314_DJW_0115

32 BRYBECK CRES, KITCHENER

3314_DJW_0114

16 BRYBECK CRES, KITCHENER

• 26 Unit - 3 Storey walk-up • 1- Bachelor, 10-1 Bedroom, 15-2 Bedroom • 0934 acres • $2,685,800

• 26 - Unit 3 Storey walk-up • 1-Bachelor, 10-1 Bedroom, 15-2 Bedroom • 0.876 acres • $2,685,800

470 BRANT RD, NEW DUNDEE

3314_DJW_0117

3314_DJW_0119

54 BRIDGE ST W, KITCHENER

• Prime residential development site • 1.23 acres with 181.28 ft frontage • Premilinary site plan approval in place for • 32 unit apartment building or stackied townhouses • $1,350,000

• 120.4 acres with 4,400 sf house, horse barn & facilities • High profile location minutes from south Cambridge • Ideally suited for future development in the areas of recreation and leisure • $2,995,000

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

Peter Kruschen, Sales Representative peter@coupalmarkou.com

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

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

James Craig, Sales Representative james@coupalmarkou.com

CONNECT

11287245_3314

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

Please say you saw it in The Commercial Investor


9

Commercial Real Estate & Business Opportunities

519.742.7000 www.coupalmarkou.com

INVESTMENT OPPORTUNITIES MULTI-RESIDENTIAL STUDENT OPPORTUNITY

185 GLASGOW ST, KITCHENER

300 BRIDGE ST E, KITCHENER

3314_DJW_2_0086

3314_DJW_1_0068

3314_DJW_4_0071

BID DEADLINE: AUGUST 25TH, 2014 3:00 PM

• 52 Registered Condos • 196 Bedrooms • Excess density for future development • 3 Year leaseback • $16,825,000

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

87-93 CEDAR ST S, KITCHENER

MLS

MLS

595 GARAFRAXA ST W, FERGUS

3314_DJW_3_0071

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

• Brand new 36 unit building • Walking distance to downtown and LRT • 24 - 1 bedroom units & 12 - 2 bedroom units • $5,950,000

MLS

MLS

3314_DJW_1_0075

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

MLS

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

MLS

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

1015 KING ST E, KITCHENER

3314_DJW_3_0077

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

MLS

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

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

Peter Kruschen, Sales Representative peter@coupalmarkou.com

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

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

James Craig, Sales Representative james@coupalmarkou.com

MLS

3314_DJW_2_0078

HERRGOTT RD, ST. CLEMENTS

3314_DJW_4_0076

2117 LONSDALE RD, BRESLAU

MLS

27 RIVERVIEW PL, KITCHENER

3314_DJW_3_0074

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

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

85 SALTSMAN DR, CAMBRIDGE

3314_DJW_3_0073

334 MANITOU DR, KITCHENER

3314_DJW_2_0072

3314_DJW_1_0087

NE

W

PR

IC

E

20 WEICHEL ST, KITCHENER

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

MLS

CONNECT

11289418_3314

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

Please say you saw it in The Commercial Investor

Kitchener/Waterloo Guelph & Cambridge

Volume 14 Issue 08


10

Commercial Real Estate & Business Opportunities

Volume 14 Issue 08

Kitchener/Waterloo Guelph & Cambridge

KITCHENER-WATERLOO APARTMENT INVESTMENT PROPERTIES

WATERLOO 56 George Street 4 Units 1x3BR, 2x2BR, 1x1BR Uptown Waterloo Location Concrete construction! Asking $575,000

KITCHENER 188 Mill Street 3 Units 2x2BR, 1x1BR Very deep lot Many recent upgrades Asking $449,000 KITCHENER 74 Hazelglen Drive 8 Townhouse Units 8 x 2BR Basements Many recent upgrades Asking $1,250,000

KITCHENER 175 Hoffman Street 8 Units 8x2BR Separate Meters Next to Public School Asking $847,500

KITCHENER 162 Becker Street 6 Units 5x2BR, 1x1Bach Separate Meters Upside potential! Asking $647,500

KITCHENER 47 Charles Street East 6 Units 4 x 1BR, 2 x Bachelor Completely Renovated Separate Meters for Utilities Asking $595,000

KYLE CHURCH, SALES REPRESENTATIVE

Office: 519.745.7000 kyle.church@royallepagecommercial.com Royal LePage Grand Valley Realty, Brokerage

11285345_3314

businessbarometer

Optimism among small biz slips again in July

O

ptimism among Canada’s entrepreneurs is at its lowest since last December, according to the Canadian Federation of Independent Business (CFIB). The Business Barometer index for July fell slightly from last month’s reading – by just a third of a point – to 63.2. “Lowered optimism is driven mainly by business owners in the hospitality, construction and agriculture sectors,” said Ted Mallett, CFIB’s chief economist and vice-president. “There’s still a lot to be positive about, however, and that includes parts of the economy that are performing strongly, such as the natural resources, manufacturing and information sectors.”

improvement, such as Newfoundland and Labrador (72.2), Nova Scotia (59.6) and New Brunswick (61.7) – only PEI (59.5) experienced a slight drop. Business owners in British Columbia (72.3) remain the country’s most optimistic, with Albertans following close behind (69.4). Manitoba (64.7) and Saskatchewan (63.5) hover just above the national average. Sentiment in Quebec (60.5) and Ontario (60.9) is still on the low end. “Hiring plans, despite the dip in optimism, are strong this month, with 22 per cent of owners hoping to hire fulltimers,” added Mallett.“Finding the right people for these jobs, however, is a concern for 36 per cent of the business owners we surveyed.” July 2014 findings are based on 1,027 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Data reflect responses received through July 21. Findings are statistically accurate to +/- 3.1 per cent 19 times in 20.

Measured on a scale of zero to 100, an index level above 50 means owners expecting their businesses’ performance to be stronger in the next year outnumber those expecting weaker performance. According to past results, index levels normally range between 65 and 70 when the economy is growing at its potential.

CFIB is Canada’s largest association of small and medium-sized

Index readings in most Atlantic provinces saw some

businesses with 109,000 members across every sector and region.

Please say you saw it in The Commercial Investor


Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION COVERING: Brantford Chatham Grey & Bruce Counties Ingersoll London

Owen Sound Sarnia Simcoe Stratford St. Thomas Tillsonburg Windsor Woodstock

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com

SOUTHWESTERN ONTARIO

SOUTHWESTERN ONTARIO


12 inthenews

Commercial Real Estate & Business Opportunities

Volume 14 Issue 08

Ontario towns named for 2014 and Beyond:

KITCHENER & CAMBRIDGE TIE AS NUMBER ONE

T

he Real Estate Investment Network (REIN), one of Canada’s leading real estate research organizations, recently released its latest report on the top Ontario cities and towns for real estate investment. Out of the hundreds of cities and towns in Ontario, Kitchener and Cambridge tied for the number one investment communities in the province.

F. Are there major transportation improvements in the works?

The 140-page report looks at such factors as:

most comprehensive information, including Canadian Mortgage and Housing Corp., Multiple Listing Service (MLS), Statistics Canada, Regional Real Estate Boards, and local economic development offices. Additionally, real estate investors and realtors who were well acquainted with particular cities and towns were consulted to provide ‘real time’ and ‘on the street’ experiences. The entire report is available for download free of charge on the company’s website at topontariotowns.com

TOP ONTARIO

Don R. Campbell, president COMMUNITIES IN REIN’S of REIN states in the report, 2014 RANKINGS: “Kitchener and Cambridge have once again topped our Top 1) Kitchener & Cambridge Ontario Investment Towns report. 2) Hamilton The presence of world-leading companies such as Microsoft 3) Barrie and Google attest to the R&D 4) Waterloo capabilities and significant competitive advantage the region 5) Brampton has to offer. Major transportation improvements over the next 6) Ottawa five years will entice even more The report, entitled Top Ontario Investment businesses to locate within the 7) Vaughan Towns 2014 analyzes the current and region as commute times and 8) Durham Region (Whitby, future prospects for real estate investment inner-city congestion are reduced. Pickering, and Ajax) opportunities in Ontario, and identifies the In-migration is strong, average top regions that will outperform others in incomes are strong, the available 9) Toronto the province over the next five years. older housing stock is there and 10) Milton overall job growth continues. The REIN’s findings are based on in-depth two communities will remain part research, analysis of the latest statistics, 11) Orillia of the ‘Economic Alberta of Ontario’ economic and social trends, and on-thein the foreseeable future.” ground reports from REIN’s research staff and members, along with reports About the Top Ontario Investment and statistics from organizations such as Towns report: The Top Ontario Investment Towns report was first published in 2004 Canadian Mortgage and Housing Corp. in response to growing demand from investors to know the province’s best locations for (CMHC), Statistics Canada, Multiple Listing cash flowing properties. The report is released every second year and provides investors Service (MLS), Canadian Home Builders with comprehensive information on which areas of the province will outperform Association, city and regional real estate over the next decade. The communities listed in REIN’s report have been ranked boards, and local economic development according to their long-term investment potential, not short-term speculative market offices. runs. Many sources are consulted in order to provide real estate investors with the

A. Is the area’s population growing faster than the provincial average? B. Are new infrastructures being built to handle that growth? C. Is the area creating new jobs and taking steps to maintain current employment levels? D. Will Toronto benefit from an economic or real estate ripple effect? E. Has political leadership created an economic growth atmosphere?

About The Real Estate Investment Network Ltd.: Founded in 1993, The Real Estate Investment Network Ltd. (REIN) has grown over the years to become Canada’s leading real estate research and education organization for investors and homeowners across North America. REIN does not sell or market real estate to its members or the general public, but instead conducts objective and unbiased research, analysis and investor education. For further information on REIN, visit reincanada.com

Please say you saw it in The Commercial Investor


Volume 14 Issue 08

13

Commercial Real Estate & Business Opportunities

Ideally located, just minutes from the 401, this commercial property boasts 175 feet of frontage on one of London’s busiest streets. (36,000 cars PER DAY). The inside consists of offices, 3 washrooms and a huge showroom. Outside, and surrounded by quality retailers, there is ample parking and a very prominent sign to help you promote your trade. This building is suitable for a multitude of businesses.

Call Lee 905-520-4943

11239820_3314

Sutton - Huron Shores Realty Inc. Brokerage Independently Owned and Operated

19 Albert St. S, Southampton 519-797-1007 | 1-888-727-1007

Brian Shular Doug Freiburger Kaitlyn Shular Broker of Record

3314_DJW_0012

3314_DJW_0011

203 Goderich St., Port Elgin Turn Key Restaurant Opportunity Full Trained Staff, Seating for 164 Inside/74 Out Business Only, Building & Land are Leased MLS #2014151923 $385,000

$590,000

INVESTMENT OPPORTUNITY 3314_DJW_0014

3314_DJW_0013

SOUTHAMPTON LANDMARK

154 High St., Southhampton Solid Commercial Building on a Busy Corner Main Floor Rented by Canada Pots, 2 Second Floor Rentals Large Dry Basement MLS #411048000305500 $499,000

Sales Representative

CRABBY JOE'S TAP & GRILL

3 BEDROOM BUNGALOW PLUS 7 RENTALS 299 Green St., Port Elgin Located in a Prime Tourist Area A Short Walk to the Beach 4 Season Units, Prosperous Rental History MLS 411046000413700

Sales Representative

Please say you saw it in The Commercial Investor

410 Elgin St., Port Elgin New 4 Unit Townhome Complex Excellent Craftmanship w/a European Feel A Short Walk to the Downtown Core & the Beach MLS #410046000323500 $699,900

Southwest Ontario

11289420_3314

LONDON Premium space on Wharncliffe Rd South near Southdale


Volume 14 Issue 08

Commercial Real Estate & Business Opportunities

Office: 519-948-8171 Toll Fr.: 1-877-443-4153

Brian Peterson, Sales Representative

11289404_3314

14

Bpeterson3@live.ca

Southwest Ontario

WINDSOR $399,900

2914_DJW_0044

JUST MINUTES TO THE CAMPUS OF THE UNIVERSITY OF WESTERN ONTARIO The features of this 1 3/4 Storey investment include 5 bedrooms, 3 bathrooms, single detached garage for additional revenue & a Triple ‘A’ location. On the WEST side of Richmond St. Inside features include hardwoods & ceramics. Spacious layout with 3 “common areas” for studying, lower level laundry & newer furnace. Students will feel this is their “home away from home”. The benefits to UWO students is the easy access to campus & the quiet residential area for the serious students who wish to excel. The bus is within a block to Maisonville Mall & many amenities. This property will truly attract the best students! Call me to view anytime.

10630674_3314

$319,900 Turnkey 2 bay auto repair garage & used car sales lot located on an extra large corner lot in a high traffic area. Additional 3rd bay could easily be added to existing building. Fully equipped w/hoist, oil change pit, tire changer & balancer, compressor, various tools & 4 - 1,000 litre oil tanks w/ brand new Graco pump, reel & nozzle, office equipment. Excellent location for redevelopment for shopping plaza or other uses. Permitted uses incl: retail, nursery, church, medical or vet office, oil change shop, gas bar, equipment rental, tire shop, restaurant, used car lot & many more. BRIAN PETERSON, Sales Representative - 519-730-0006. 3314_DJW_0095 3314_DJW_0096

George Gicopoulos

Sales Representative

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

*Independently Owned and Operated

Southwestern Ontario Businesses/Properties

LONDON BAR/NIGHT CLUB - $195,000

TWO TRIPLEXES LONDON 1) Labbats Park Area. 3-2 bdrm units. Good condition. Paved parking, fenced yard.$395,000. 2) Great curb appeal 1-4 bdrm, 2-1 bdrm units. Old South/Wortley Village. $545,000

3314_DJW_0098 3314_DJW_0099

1510 HIGHBURY AVENUE N. LONDON

Approximately 2.62 acres with about 290 ft frontage on Highbury Ave. just North of Kilally Rd. Area surrounded by a lot of residential and commercial developments.

3314_DJW_0097

8155109_3314

INGERSOLL PROPERTY & BUSINESS - $298,000 60 seater restaurant recently renovated in the middle of town. Short hours. Good sales. Closed on Mondays. Two apartments above rented at $600/$700 per month. Business only offered at $55,000. Call for details.

LONDON FAMILY RESTAURANT $359,000 Here is your opportunity to own one of the most successful longest running family style restaurant in the city and probably the most well know with a great reputation, great sales and profit. A true London landmark in the hospitality industry. Call George today. 3314_DJW_2_0092

Please say you saw it in The Commercial Investor

Long Established well known, Licensed for 479 inside and out. Offering live bands on weekends plus karaoke. Cover charge at the door for special Entertainment events, good sales. Free paved parking on site. Steady clientele. 3314_DJW_1_0132

Restaurants, Pubs & More 1. Bar & Grill near London $255,000. 2. Breakfast & lunch. 70 seats, $59,000. 3. Hwy Location Family Restaurant $325,000. 4. Franchise Restaurant Opportunities, $99.000 to $5 Million. 5. Ingersoll restaurant with property. $295,000 6. Nice pub with patio plus upscale inn. Great business $195.000 for both.

Many more to choose from


Volume 14 Issue 08

15

Commercial Real Estate & Business Opportunities

519-357-3332 Cell: 519-531-1177

Independently Owned and Operated

262 Josephine St., Wingham

www.remaxlandexchange.ca

Prime 48 acre development site. Commercial/Residential on Hwy 21 in Goderich across from Suncoast Mall and Industrial Park. Environmental Study available. Call Renate for more information. 3314_DJW_1_0151

GREAT INVESTMENT OPPORTUNITY FRONTING ON HIGHWAY 4

Sales Representative

This well established pizza take-out restaurant comes with the Square Boy Pizza franchise name as well as the franchise fee already padi! The 1900 sq. ft main floor is an excellent space for this business with lots of room for storage and supplies. The second floor is an exceptional living space. A 1900 sq. ft. 2 bedroom spacious apartment that has been remarkbly well kept and maintained. The entire building has been upgraded with professionally installed plumbing, electrical wiring, and water softener. Call Jamie for details. 3314_DJW_0066

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

3314_DJW_2_0077

$385,000

Southampton

EXCLUSIVE PRIME COMMERCIAL/DEVELOPMENT property in the centre of Wingham/North Huron; Highway Commercial zoning; Environmental Study Available Call Renate for full information package. 3314_DJW_1_0136

DEVELOPMENT SITE

$325,000

410 Shuter Street, Wingham ZONED and Ready to Go for up to 23 dwelling Units Prime Residential 1.6 Acre Development Close to Hospital and Schools Call Renate For Details

519.797.5500 Cell. 519.374.4448

Harold Fenlon

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

One of McIntee’s Top 3 Salespersons

Bus.

www.haroldfenlon.ca

Broker

MULTIPLE LISTING SERVICE

$1

,4

00

,0

00

8297239_3314

Broker of Record

JAMIE FISCNER

$209,900

$1,900,000

$209,700

RENATE SIEBER-SCHLEGEL

9 HOLE GOLF COURSE Par 36, nine hole golf course. 10 acre driving range, fully licensed club house, and 3 bedroom 4 years old house. Strategically located to enjoy the view of golf course and pond. 3 additional building used to store golf equipment, carts & repair shop. There are 2 wells on the property. 3314_DJW_0083 3314_DJW_0084 3314_DJW_0085 3314_DJW_0086

Please say you saw it in The Commercial Investor

Southwest Ontario

Land Exchange Ltd. Brokerage

11264376_3314

Office:


HAMILTON

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

HAMILTON SECTION COVERING:

Grimsby Hamilton Haldimand Stoney Ancaster Caledonia Cayuga Creek Dundas Dunnville

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com


Volume 14 Issue 08

17

Commercial Real Estate & Business Opportunities

8171399_3314

RE/MAX Escarpment Realty Inc Brokerage

Valuable 10.06 ac comm. prop in E. Hagersville. 60-90 mins S. of Toronto. Incs 3 bldngs - BLDNG#1-14.000sf w/20 offices, 5 baths, 3 kitch - 3 sep. security zones-incs 4000 sf htd warehouse. BLDNG #2-9400sf-7 bays, ULoffices-rented to quality tenant. BLDNG#3-1800 sf + 1300sf lean- to. Huge pvd lot. Enviro reports avail. Zoned MG. Showings by apptmt only. 3314_DJW_1_0071

578 KING WILLIAM STREET, CALEDONIA $549,000

120 MOHAWK POINT LANE, DUNNVILLE $950,000

Rare 56.7ac L.Erie pnt w/14cottage rntl business,10 yr bung, sev brns/outbldings, 45ac. wrkble (rented). Maj.of cottages positioned at sea lvl w/access to owned beach+rented to est. clientele @ per yr basis. Clean home is perched on bluff offers panoramic lake views- ftrs 3bdrms,1.5 baths, OC livrm/dinrm/ kitch w/WO to lake fcng dck-inc full bsmt. 3314_DJW_2_0074

334-338 MAIN STREET, PORT DOVER

Prime Retail/Comm. property in the centre of dwntwn P. Dover. Sit. on 66'x325' lot-inc ext. renoed brick/stone building, 2 garages (62'x28') (22'x31') w/5 bays, fts 4800 sf retail storefrnt, updtd roof covering, HVAC, electrical, plumbing, display windows-UL 2 bdrm aptmt-$1200/ mnth+utes. Superbly priced! 3314_DJW_3_0044

113 MAIN STREET, JARVIS $289,000 Calling all developers/contractors/investorslrg 5.2 ac parcel of comm. zoned land loc. at N. end of Jarvis. Irreg. shaped lot w/ ex. visual exposure+mat.tree lined side/rear boundries. Flat accessible site w/mun. water, mun. sewers, n/g, hydro, telephone+cable at or near lot line. Poss. to rezone for residential exists. Buyer to verify permits.

3314_DJW_1_0073

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. 3314_DJW_1_0082

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

#2 el 00 rc ,0 Pa 299 $

P $3 arc 99 el ,0 #1 00

ATTENTION - rare 1.8 ac parcel loc. in NE Caledonia w/in urban boundaries. Incs brck 3 bdrm ranch w/full bsmnt, att. gar. det. 25x20 gar. Flat crnr site w/2 Rd. frntges abuts w. ravine 1 prop. S of "soon to commence" major res. development. Unofficial sketch depicts 9 lots. Sold "As Is" Buyer/Buyer's Solicitor to complet due diligence/responsible for poss. HST/dev. charges. 3314_DJW_0063

3314_DJW_1_0072

3314_DJW_1_0081

14 ROBINSON ST, SIMCOE $169,500 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.

3314_DJW_1_0091

95 QUEENSTON ROAD, HAMILTON $119,900 Turn key pre-owned auto sales biz. 13 yrs at current location (18 yrs total) lease incs 50' x 100' paved lot, 10' x 20' htd office trailer - long term lease available. Price incs approx. $90K of pre-owned cars (sold certified @ wholesale price), phone #, clientele lists, ext. signage. No P & L/ No VTB. Lrg inventory = instant cash flow. 3314_DJW_1_0007

Please say you saw it in The Commercial Investor

Hamilton

4011 HIGHWAY 6, HAGERSVILLE $1,975,000


18

Commercial Real Estate & Business Opportunities

Volume 14 Issue 08

Hamilton 11236833_3314

Please say you saw it in The Commercial Investor


Volume 14 Issue 08

19

Commercial Real Estate & Business Opportunities

11277225_3314

Hamilton

PROTECTING INVESTORS SINCE 1988

11269746_3314

Adela Carina Sales Representative

Escarpment Realty Inc., Brokerage Independently owned and operated

Ph: 905-575-5478

Fax: 905-575-7217 |} adelacarina@remaxescarpment.com

CALL FOR A COMPLIMENTARY MARKET ANALYSIS

Excellent investment with this 15 unit, nets over $105,000. A state of the art building completely rebuilt from the inside out, everything is new with the exception of the shell. 16 separate hydro meters. Tenant pay own hydro. Easy turnkey investment. A must see. This one won’t last. Call for more details.

Don’t miss this great opportunity to own this 35 suite building. Excellent rate of return with a cap of 8%. Centrally located, on main bus route, close to all amenities. Call for more details. 24 hrs for all showings.

Great family restaurant, established over 30 years. Great neighbourhood, steady clientele, licensed for 119 people. Excellent opportunity for a family business. Eat-in, take out or delivery. Call Listing Agent for further details. Do not go direct. 24 hrs notice for showings.

3314_DJW_0148

3314_DJW_0149

3314_DJW_0150

Please say you saw it in The Commercial Investor


20

Volume 14 Issue 08

Commercial Real Estate & Business Opportunities

The Shar ma Team

INDEPENDENTLY OWNED & OPERATED

BROKER

905-662-6039 905-574-7441 info@ricksharma.com

www.thesharmateam.ca

COMMERCIAL/RETAIL - STONEY CREEK $759,999

$399,900

8342700_3314

STATE REALTY BROKERAGE

Rick Sharma

Hamilton 2914_DJW_0044

JUST MINUTES TO THE CAMPUS OF THE UNIVERSITY OF WESTERN ONTARIO

Solid brick retail plaza in Downtown Stoney Creek across from Battlefied Park, the new Arena & Recreation Centre. Easy access to Linc, QEW, Redhill Creek Hwy & Hamilton Mountain. Well established tenants on leases. High traffic area w/great traffic count & exposure. A rare find with lots of potential. Contact listing Broker for more in-depth details.

The features of this 1 3/4 Storey investment include 5 bedrooms, 3 bathrooms, single detached garage for additional revenue & a Triple ‘A’ location. On the WEST side of Richmond St. Inside features include hardwoods & ceramics. Spacious layout with 3 “common areas” for studying, lower level laundry & newer furnace. Students will feel this is their “home away from home”. The benefits to UWO students is the easy access to campus & the quiet residential area for the serious students who wish to excel. The bus is within a block to Maisonville Mall & many amenities. This property will truly attract the best students! Call me to view anytime.

10630674_3314

2914_DJW_0014

STAR REAL ESTATE LIMITED, BROKERAGE 1184 Barton Street East Hamilton, Ontario www.starrealestatehamilton.com

(905) 549-3527

Frank Ferraro BROKER 8665727_3314

Call FRANK FERRARO, Broker (905)549-3527 or email hamiltonhomes4u@hotmail.com for more details.

COIN OPERATED CAR WASH Spectacular 6 bay car wash with touchless laser (which is the renowned P.D.Q. - N5) wash. Fully automated & could be run with a laptop. Located in growing Grimsby area. Neighbours include Boston Pizza, 3 car dealerships (Ford, Chrysler, Hyundai), Voyagers Visitor Centre & the “Go” stop. All wash bay accept loonies, toonies, all bills. Fleet cards & credit cards. 5 super vacuums, one w/scrub. Car wash is approx. 4 yrs old. Listed $1,975,000. 3314_DJW_0067

15 ACRES Approximately 15 acres of land with many uses. Possible future commercial & residential opportunities. Listed @ $5,775,000.

For more details call FRANK FERRARO, Broker (905)549-3527 or email hamiltonhomes4u@hotmail.com Please say you saw it in The Commercial Investor

3314_DJW_0068


Volume 14 Issue 08

21

Commercial Real Estate & Business Opportunities

Visit my website

Augie

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

Ammendolia BROKER

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

HAMILTON CENTRE - COMMERCIAL/ RESIDENTIAL BLDG.

$1,295,000

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 3314_DJW_1_0084 SIZE: 107.3 FT X 158 FT.

NEXT TO HARVEY'S/ ACROSS FROM CENTRE $894,000 MALL Great opportunity for

owner/user. Approx. 4000 sq. ft. on 2 floors directly across Centre Mall - Box Stores, adjacent to Harvey's. Opportunity for various uses, restaurants, Medical offices etc. Ample parking approx. 34 cars. High traffic flow.

3314_DJW_7005

HAMILTON DOWNTOWN DEVELOPMENT SITE

$1,295,000 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.

3314_DJW_1_0083

RESTAURANT/BAR/ DEVELOPMENT OPPORTUNITY WEST HAMILTON

3314_DJW_1_0042

$597,900

Great Redevelopment Opportunity on this corner commercial property in Prime West Hamilton location near McMaster Hospital and University. Presenty a 48 seat Restaurant/Bar coffee establishment with outside patio. Owner retiring price includes Land. Building and Chattels. Asking price includes Real Estate and business. Pls. contact Listing Broker Zoning, Survey and floor 3314_DJW_1_0049 plan information.

WELL ESTABLISHED HAMILTON BAKERY (BUSINESS AND REAL ESTATE)

$575,000

In operations for over 60 yrs presently known as Gibson Bakery, fully equipped distributing to major retailers. Opportunity for new entrepreneur to take business to a new higher level. Close to Sherman Ave N and Barton St. The once "Little Italy" of Hamilton now enjoying new Renaissance of new business and development. Price includes business, equipment & real estate. Owner occupied 3 BR house. Approx. 5,000 sq. ft. Turn key 3314_DJW_1_0078 operation.

CENTRAL HAMILTON TRIPLEX

3314_DJW_2_0105

$389,900

HAMILTON CENTRE 11 UNIT APT. BLDG.

HAMILTON CENTRE DUPLEX

$299,000

SOUTHWEST HAMILTON - SHARP DUPLEX

$524,900 NEWLY LISTED!!! 1 & 2 bdrm units. Close to downtown and trendy Locke St. business district area. Major improvements, newer i.e. boiler, AC units, bathrooms, kitchens. Currently occupied by excellent tenants. Separate hydro meters. Rear parking plus single car garage.

3314_DJW_1_0089

WEST HAMILTON 6 PLEX

$997,700 Charming 6-Plex in great Southwest location. 6 - 2 BR units. Extensive renovation to each unit, baths, kitchen, flooring. Possible professional use. Please contact Augie for financial information.

3314_DJW_0125

HAMILTON CENTRE 8 UNITS APT. BLDG

2 Family home. Main floor rented at $1350 monthly all included and lower level rented at $700 monthly all included. Close to downtown near vibrant Barton Street merchant boulevard. Please give 48 HR prior notice for showing requests.

NEWLY LISTED !!! Century old home in trendy East Ave S, Stinson neighborhood, near Stinson School Lofts. Charming olde world character, marble fireplace in Living Room, high ceilings. 1st floor 4 BR Apt, 1 BR Apt upper level and Bachelor in basement.

$895,000 NEWLY LISTED. 11 unit apt. building (6-2 BR, 5-1 BR) in trendy South Central location, walking distance to downtown, shopping, parks. Many upgrades e.e., kitchens and baths, 2 new boilers in 02, newer commercial water heater, thermo windows, newer roof steel overhang, separate hydro meters. Tenants pay hydro.

3314_DJW_0055

Please say you saw it in The Commercial Investor

Charming 8 unit building. Newer roof, gas water heat boiler, garage, 8-2 br. units, 6 of the 8 units have hardwood floors, dining rooms and balconies separate hydro meters. Tenants pay own hydro. Two apt. units at basement have been completely renovated. Balconies comeplety fixed & restored last fall. Three units have been updated with new kitchen cabinets and 3314_DJW_1_0044 bathroom fixtures.

ING M O C OON S

8471320_3314

HAMILTON INCOME PROPERTIES

Hamilton

Cell:


22

Commercial Real Estate & Business Opportunities

Volume 14 Issue 08

BUILDING VALUE ON A RENTAL PROPERTY…IT’S ALL ABOUT THE NOI. Dino Nicosia, Broker of Record - Investpro Realty and Appraisal Ltd., Brokerage

T

8171452_3314

he real estate market is divided into many submarkets, such as commercial, industrial, vacant land and residential. The sub market for residential can be separated into two categories; the owner occupied and tenant occupied properties.

2. 3.

vacancy. Reduce property expenses without neglecting the property. Do not rent the equipment…own them.

1. INCREASING RENTS:

Hamilton

The value of the owner occupied property is mostly determined by supply and demand. This demand is significantly influenced by disposable income, interest rates, consumer confidence and political and economical climate. Although the tenant occupied property value is influenced by the same factors, in addition it is affected more importantly by the income it generates. With this type of residential property you are not just buying the bricks and mortar, you are also buying the income that is being produced from the rent. Therefore a tenant occupied property is also classified as an investment property. Since the value of an investment property is largely determined by the income it produces, we should relate this to running a business where the goal is to end up with money in our pocket at the end of the month. After collecting the rent and paying all the bills, the amount of money left over, (before making the mortgage payments), is called the Net Operating Income (NOI). To determine an accurate NOI, the expenses must include property taxes, insurance, maintenance, vacancy reserve, utilities, garbage removal, lawn service, plowing, wages and management fees if any. The NOI is directly tied into the Capitalization Rate (also referred to as the Cap Rate). The Cap Rate essentially represents the percentage return on an all cash purchase (not taking mortgage debt into account). Simply refer to the Cap Rate as being the return on the investment, and note that the Cap Rate will be determined by the current market sales in the area of the subject property. For example, let’s assume you purchased a 20 unit apartment building which generates an annual NOI of $100,000.00, and the purchase price of this property was $1,000,000.00. Therefore based on this purchase price, you are receiving a 10% return on the investment; or in other words, the Cap Rate on this purchase was 10%. Combined with the Cap Rate, the NOI will be instrumental in establishing the investment property’s value. Therefore if you want to increase the value of your tenant occupied property, you must improve your NOI. There are three major ways to increase the NOI: 1. Find ways to increase rents without affecting the

We will demonstrate the tremendous impact on value from rent increases, with this real life example. The ownership of a recently purchased 21 unit apartment building, created a business plan to renovate all units that became vacant and attempt to maximize their rents. They knew the great potential of increasing the NOI, which in turn would escalate the value of their property. The plan was to renovate and increase each unit by an average of $100.00 per month ($1,200.00 per year). Assuming that the current market Cap Rate is 7%, the value of the property would escalate by $17,000.00 by just increasing rent on one unit ($1,200.00 divided by 7% cap rate). In the course of one year they were able to maximize rents to ten apartment units for a total annual increase to the NOI by $14,000.00. This amount translated to an increase in value by $200,000.00. Before an investor undertakes this task, they should ask themselves; •

• •

Is it worthwhile to spend money for renovations if the rents can be increased as a result of the renovations? . Do the increased rents justify the expense? Will the increase in value as a result of the renovations justify the expense?

First let’s establish how long will it take to recoup the renovation costs? The answer comes down to doing the math. In the above example the renovation cost was approximately $3,000.00 per unit. After the renovation was complete the rents were increased by an average of $100.00 per month or $1,200.00 annually. It will take 30 months to recoup the expense or in other words the payback on the investment is 2.5 years. That equates to an approximate 40% annual return on the renovation investment, ($1200/$3000 = 40%). But most importantly the total value of the property based on a 7% cap rate had increased by $200,000.00. In this example, it’s clear that the renovations at a cost of

Please say you saw it in The Commercial Investor


23

Commercial Real Estate & Business Opportunities

$3,000.00 per unit ($30,000 for all 10 units) was a prudent investment

to review your application. Once the officer completes his investigation you will be notified on their decision.

2. REDUCING EXPENSES: Reducing property expenses is often the most cost effective way to improve the NOI and increase value.

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

Utilities: Assess how much you are paying for heat, water and hydro and then establish how you can reduce these charges. • • •

Water: Conduct routine checks for water leaks and running toilets in each unit Heat: Check for loss of heat from windows, dirty radiators, old boiler system Hydro: If you are paying for the unit hydro, remember that old fridges consume more; charge extra for the use of A/C window units and check the timer to the common area and exterior lights. Educate your tenants on the benefits of energy conservation.

Realty Taxes: Are you paying too much realty tax? Let’s face it, paying too much realty tax on investment properties could significantly impact the NOI and dramatically reduce value. Unfortunately most investors take this large expense for granted and assume that the assessment on their investment property is correct and never bother to investigate it. The reality is that many landlords are paying too much realty tax without being aware of it. As an owner, you should make a point to investigate if you are paying too much realty tax on all your properties. I would like to share another real life experience of how an owner reduced his property tax by over $10,000.00 per year. In a transaction about 4 years ago, I noted that the property tax on my client’s new acquisition (a 20 unit apartment building in Hamilton, ON) appeared to be extremely high, based on my many comparables. Doing a quick check I calculated that the realty tax was about $12,000.00 too high. The first step was to ask MPAC to review the assessment through a simple on line application called Request for Reconsideration (RfR)” Do your homework by obtaining the assessments on similar properties. If you are convinced your property is over assessed, then simply go to the MPAC website and follow the instructions; download, and fully complete the (RfR) form. A local assessment officer will be appointed

In reference to the application for the Request for Reconsideration by my client I am pleased to say it was a huge success. The owner received a revised tax assessment and a refund cheque for over $11,000.00. It was not just the refund that was gratifying, the increase in the NOI as a result of the realty tax reduction translated to a huge rise in value. By taking the revised net income and using a market cap rate of 7%, this equated to about a $150,000.00 increase in value! 3. RENTAL EQUIPMENT: Another relatively easy way to reduce your expenses and increase the NOI is to eliminate rental equipment. Make a plan to owning them instead. We continue another real life example of how the property value was increased for a 21 unit apartment building. The hot water tank rental was approximately $300 per month (including taxes) which equated to $3,600 per year. The cost to purchase and install the equipment was approximately $4,000.00. The purchase of this hot water tank was a great investment simply because of the approximate one year payback! But more importantly, this change also increased the property value by simply reducing the operating expenses (or increasing the NOI) by $3,600.00 per year. How much would the property value increase after this relatively low investment? To assess the impact of the $3,600.00 of extra income that was generated by reducing the annual hot water rental expense, we need to divide this amount by the market Cap Rate. Let’s assume the current market Cap Rate is 7.0%, therefore by dividing by this Cap Rate the value had increased by $51,000.00, just by improving the NOI. ($3,600/7.0% = $51,000.00). The above scenarios demonstrate how simple investment undertakings produced a tremendous return rate and helped generate a huge increase in property value. One can now clearly see that increasing rents and/ or lowering expenses, (even if it requires expenditure to do so), is a wise decision. On the first real life scenario, the property was just sold for a $300,000.00 profit, after only one year of ownership.

Remember, it is all about the NOI.

Please say you saw it in The Commercial Investor

8171394_3314

Hamilton

Volume 14 Issue 08


24

Volume 14 Issue 08

Commercial Real Estate & Business Opportunities

Investpro Realty

9558936_3314 VMYSL

And Appraisal Ltd. Brokerage

The Apartment Building Specialists “Your Investment Partner for Life”

Dino Nicosia, Broker of Record

www.investprorealty.com Kandy Thompson,

Sales Representative

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

Direct: 905-870-5852 Email: dino@investprorealty.com

8 CONDO TOWNHOUSE COMPLEX, EAST HAMILTON

9 UNITS, EAST HAMILTON MOUNTAIN

LD SO LLY BE UA N ID CA DIV IN

Hamilton

ER G LL IN SE TIR RE

Great location near mountain brow. Solid, well-maintained bldg. Visit our website for details. 3314_DJW_2_0109_2 ESTATE SALE

Good condition and location. Rents below market for the area. For more details visit our web site. 3314_DJW_1_0112 6 UNITS, WEST HAMILTON

20 UNITS, NEAR GAGE PARK RE RA A FIND

LD

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Single family home near bay front, presently rented. Visit our website for

Mostly senior tenants. Never any vacancy. For more details, visit our website or email Dino Nicosia. 3314_DJW_2_0073

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

19 UNITS, HAMILTON

46 UNITS, DUNVILLE

24 UNITS, LONDON

3314_DJW_1_0111

AL

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C

East Hamilton near Ottawa St. shopping district. Visit our website for details. 3314_DJW_1_0059

D TE VA ION O S N N RE MA

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12 UNITS, HAMILTON

T LID EN SO STM E INV

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

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

3314_DJW_1_0057

3314_DJW_2_0071

6 UNITS, EAST HAMILTON

DUPLEX, HAMILTON

ME N CO IG IN F S A O TR RO EX OM R F

Great condition and location. Renovated, spotless building. Never any vacancy. Safe investment. Visit our website for 3314_DJW_2_0054 details.

Most apartments are renovated. Spacious units. 8% Cap Rate. 3314_DJW_2_0084

New listing. Legal Duplex, with great cashflow. Visit our website for more 3314_DJW_0093 details.

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25

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LOCATION

ID# 2061 ID# 2062 ID# 2063 ID# 2064 ID# 2065 ID# 2066 ID# 2067 ID# 2068 ID# 1042

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11287244_3314

Commercial Real Estate & Business Opportunities

TYPE Retail Plaza: 7 Units + Apts Retail Plaza: 6 Units + Offices Mixed-Use: 2 Commercial + Apts Retail Plaza: 6 Units + Office Retail Plaza: 6 Units Retail Plaza: 6 Units + Apts Retail Plaza: 5 Units Retail Plaza : 8 Units Commercial Property List

Free Recorded message 1-888-231-0649, ID# _________

11273535_3314

Highyon Realty Inc., Brokerage

AL IS YOUR #1 CHOICE!

SEARCH FOR AL ON

FOLLOW US ON FIND US ON

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

GOOGLE

DIRECT LINE VISIT

INDEPENDENTLY OWNED & OPERATED

“CONTRACTORS/SERVICE SPECIAL”

1-855-570-9997

EMAIL

EAST HAMILTON

EAST MOUNTAIN

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

TOLL FREE

www.alcosentino.com

ESCARPMENT REALTY INC. BROKERAGE

al@alcosentino.com CENTRAL HAMILTON

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

149,997

$

“AMAZING UNIQUE SETUP”

OR MAKE AN OFFER

OR MAKE AN Perfect for manufacturing & trades. 1 stry. rear office building w/bath. Approx 1000 OFFER sq ft Quonset metal storage/working building + carport storage. “K” industrial. Al is your #1 choice!

499,997

EAST MTN HAMILTON

2514_DJW_1_6042

$

2914_DJW_0065

EAST MOUNTAIN

“AMAZING BODY BUSINESS”

CENTRAL EAST HAMILTON “AMAZING INCOME PROPERTY”

“AMAZING RES/2 COMMERCIAL UNITS”

905-570-9997

439,997

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OR BEST Unique property 1.5 stry. Excellent shape w/1 bdrm - in-law OFFER suite. All vacant. 2 commercial retail stores front units. Lots of parking. Tenant pays utilities. Good return. “Al is your #1 choice.” 3314_DJW_0044

“AMAZING CORNER FOR PROJECT”

499,997

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Corner exposure high traffic OR TRADE/ used as car lot or for many other CASH uses. Zoned “H” Commercial 145 x 100 development project. Ask for Al’s online marketing today. 2514_DJW_2_0066

199,997

$

OR MAKE AN Used as 3 residential units. 2.5 OFFER

stry brick. Newly finished in-law suite (vacant). 200 amp breaker, newer windows, approx 6 yr gas furnace. Rear fire escape. Tim Hortons/Bakery just a walk away! “Al is your #1 choice.” 3314_DJW_0045

$ 479,997 OR SELLER WILL HOLD 1ST MTG 2514_DJW_2_0009

CENTRAL EAST HAMILTON “AMAZING PIZZA BUSINESS”

199,997

$

OR MAKE AN OFFER Pizza business for sale, “City

Pizza”. Specializes in Pizza, Pasta, Wings, Shawarrma, Subs. Licenced for 25 people. Modern setting. High traffic. Excellent business. Al is your #1 choice!

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

Hamilton

Volume 14 Issue 08


26

Commercial Real Estate & Business Opportunities

Volume 14 Issue 08

Lynn Page Escarpment Realty Inc. Brokerage Independently Owned and Operated

Cell: 905-730-9591

Hamilton

11289475_3314

860 Queenston Rd., Suite A Stoney Creek, ON L8G-4A8 Tel: 905-545-1188

Sales Representative

Excellent location for restaurant, coffee shop, retail or office. Currently used as a bakery. Large windows high visibility very close to the Juravinski Cancer Center and Hospital. Large commercial space offered with attached 4 bedroom 2 bath home. Property has parking in current driveway for 4 cars.

$429,000

3314_DJW_0138

H Zoned w/many possibilities. Lrg parking area w/ priv lot. Access off Myrtle & Mutual Dr. off Main St. Exposed brick & wood beams in back of bldg. Renovated office space in the front sec. Recent roof & HVAC. Very tall 10 ft bsmnt in rear of bldg. 2 yr old rf most sheeting & new membrane opportunity for loft condos/rental units.

$389,900

3314_DJW_0139

BROKERAGE

8310857_3314

HEART OF JAMES STREET NORTH ARTS!

VIBRANT LOCKE STREET VILLAGE!

$4,900/MONTH

$2,000/MONTH Approx 2400 sq ft of open space on second level. Soaring tin ceilings, hardwood floors, large windows, and 2 baths. Ideal space for dance/fitness/yoga studio or art exhibit studio. 2514_DJW_0134 Use your imagination! Steps to GO station, cafes & entertainment.

Spacious main level commercial Office and/or Retail space w/ approx. 2300 sq ft. Includes: reception, meeting room, 6 office areas, washroom and kitchen. Glass walled board room. Parking for 2 cars. Right in the heart of Locke St. PRIME PUBLIC EXPOSURE! 2514_DJW_0135

Please call Colette Cooper, Broker/A.S.A./C.N.E. at 905-522-3300 or email cooper@judymarsales.com www.colettecooper.com

Please say you saw it in The Commercial Investor


Volume 14 Issue 08

27

Commercial Real Estate & Business Opportunities

William Hicks sales representative

Burlington Golden Horseshoe

Office - Industrial - Retail

office: 905-335-3042 Ext 579

INDEPENDENTLY OWNED & OPERATED BROKERAGE

Very well maintained free standing office building. Currently used as medical wellness clinic. Great for most office users and medical with lots of parking. Approx. 2400 sq. ft. Private offices, kitchen, reception, multiple entry points for different departments. Net lease, tenant responsible for all operating costs. Landlord is installing new shingles this summer. The property was completely renovated to medical office space in 2009. Basement can be utilized for storage. Tons of exposure on main Burlington road, and directly beside Tim Hortons. Call William Hicks at 905.335.3042

CORNER VACANT COMMERCIAL LOT - FOR SALE

3314_DJW_0092

3314_DJW_0091

DOWNTOWN BURLINGTON FOR LEASE

3314_DJW_0090

FREE STANDING MEDICAL/OFFICE BUILDING - FOR LEASE

Burloak real estate services Brokerage

Prime Retail space in modern attractive building in the heart of trendy downtown Burlington core. Excellent exposure and access. Previous user was high end ladies fashion store. Cluster of mens and ladies fashion stores in the area. Secure basement storage at no extra charge. A true quality location, Call Robert J. Lyons (Broker) at 905.335.3042.

Hamilton

williamjoelh@gmail.com

Prime 107.40' x 205.12' (.5ac) Commercial corner vacant lot in dynamic area of West Burlington. This area in the heart of "Aldershot Village" is undergoi8ng rapid redevelopment and intensification. Very close to the Hwy 403 access to major highways, serviced by municipal, & provincial public transit services. This area is targeted for intensification in keeping with the Provincial Smart Growth mandate for the City of Burlington. The Zoning MXC - 175 allows for a wide variety of retail, commercial & offices uses. Excluded are all Residential uses & Supermarket/Grocery stores in excess of 1800 m2. Call Robert J. Lyons (Broker) at 905.335.3042.

10339498_3314

11287063_3314

For

Further inFormation:

John hryczynski Broker

(905) email:

REAL ESTATE BROKERAGE CommerCial

John@BBsrealty.com

www.BBsrealty.com

commercial real estate

real estate sales and leasing serviCes RETAIL/OFFICE FOR LEASE

2914_DJW_0109

2914_DJW_0111

RETAIL/OFFICE FOR LEASE

2914_DJW_0110

INVESTMENT PROPERTY FOR SALE

529-5900 x 240

RETAIL/OFFICE FOR LEASE

RETAIL/OFFICE FOR LEASE 2514_DJW_3_0066

RETAIL/OFFICE SPACE FOR LEASE 2514_DJW_1_0133

HAMILTON MOUNTAIN Attractive multi-tenant plaza fronting high traffic arterial road. Prime corner location serving large residential area, high traffic area. Units from 1,250, 1,460 & 1,691 sf available, may combine units for up to 2,841 sf, ideal for most retail/office uses. Attractive net rents starting at $9.95/sf net. Good parking. Lld may assist with improvements for long term leases. Call for details.

2514_DJW_0126

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

DUNDAS Prime plaza location along this busy Governor’s Road. Excellent corner exposure to high traffic at signalized intersection. Close proximity to schools & res. areas. Available: 2,620 sf plus full useable basement, ideal for most retail or office uses, Lld may divide to 1,320 sq. ft. unit plus useable basement. Priced to Lease at $10.95 net. Also, a 2,100 sf corner restaurant space, partially set up, with full basement and patio, ready for renovation. Good parking. Immed. poss. Call for details.

EAST HAMILTON MOUNTAIN Prime East Regional Retail complex anchored by Metro Foods, Shoppers, department store and many other National Tenants. Very busy first class plaza w high foot traffic and excellent parking capacity. Available units included Unit 8 - 1,996 sf & Unit 29 - 1,520 sf ideal for most retail/office uses and Suite 200 - 6,779 sf ideal for a fitness, dance or most other uses. Immediate possession.

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

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

Please say you saw it in The Commercial Investor


28 inthenews

Commercial Real Estate & Business Opportunities

Volume 14 Issue 08

IMPROVED OUTLOOK FOR MOST OF CANADA’S SMALL- AND MEDIUM-SIZED METROPOLITAN AREAS,

but economic growth remains tepid

T

he economies of most smalland medium-sized Canadian metropolitan areas are expected to grow faster this year than in 2013, according to The Conference Board of Canada’s Metropolitan Outlook: Summer 2014. Even so, eleven of the 15 cities covered in the report can expect economic growth of less than two per cent this year.

“The recovery in manufacturing production is helping support growth in many of Canada’s small- and medium-sized metropolitan areas,” said Alan Arcand, associate director, Centre for Municipal Studies.“Still, economic growth remains muted. Only four cities – AbbotsfordMission, Kitchener-Cambridge-Waterloo, Oshawa, and Moncton – will see growth above two per cent this year.” Eleven of the 15 cities covered in the report are expected to post economic growth of less than two per cent in 2014. Abbotsford-Mission’s real GDP will grow by 2.9 per cent in 2014, making it the fastest growing economy among the 15 CMAs covered in this report. Economic growth in St. John’s is forecast to slow sharply in 2014. Abbotsford-Mission will have the fastest growing economy among the 15 CMAs covered in the report. Following an increase of three per cent in 2013, real GDP growth will remain relatively steady at 2.9 per cent this year. Wood products manufacturing is benefiting from the recovery in the U.S. housing market, while growth in construction activity is being supported by a number of non-residential projects. Moncton’s economy is expected to see growth accelerate from 1.2 per cent last year to 2.1 per cent in 2014, thanks to a modest recovery in construction and decent gains in the finance, insurance, and real estate sector. Construction activity in Saint John is

also improving modestly. This, along with healthy wholesale and retail trade output, will help support economic growth of 1.4 per cent in Saint John this year, a big improvement over the 0.2 per cent gain last year. Economic growth in St. John’s, Newfoundland and Labrador is forecast to slow sharply from 8.5 per cent in 2013 to 1.6 per cent this year. Last year, the economy was boosted by increased offshore oil production and significant gains in the construction sector. This year, growth in oil production will be relatively modest and construction activity is set to decline as work wraps up on the nickel-processing plant in Long Harbour. Rebound in manufacturing activity providing slight boost to CMAs in Southern Ontario: Kitchener-Cambridge-Waterloo’s real GDP will grow by 2.5 per cent this year, as construction starts on a light rail transit system and local manufacturing output bounces back from a small decline in 2013. Last year, Oshawa’s economy was hampered by declines in manufacturing and transportation and warehousing. Both sectors are expected to improve this year as demand picks up both at home and in the United States, lifting Oshawa’s economy by 2.5 per cent in 2014. Following modest growth of 0.6 per cent in 2013, Windsor’s real GDP is forecast to rise by 1.6 per cent in 2014. Local auto plants are benefiting from rising car sales in both Canada and the United States. Following a contraction of 0.1 per cent in 2013, real GDP in London is forecast to increase by one per cent this year thanks to improvements in the services sector and a modest rebound in manufacturing activity. However, the economic growth will not be strong enough to generate new jobs, as employment in London is set to fall for the fifth time in seven years in 2014. The combination of stronger manufacturing activity and steady gains in the services sector will allow real GDP growth in St. Catharines-Niagara to improve from 0.6 per cent in 2013 to 1.2 per cent this year. Kingston’s economy will continue its recent trend of moderate growth this year, with real GDP forecast to expand by 1.2 per cent in 2014. The city’s economy will be held back by declines in manufacturing and construction output, while growth in the services sector will be modest. The ongoing recovery in Thunder Bay’s forestry industry will push up the city’s overall economic growth to 1.5 per cent this year. In Sudbury, a rebound in manufacturing will offset slower growth in primary and utilities, meaning the economy will expand 1.1 per cent this year, little changed from the one per cent growth seen in 2013. Cities in Quebec face another year of weak growth: Helped by a stronger U.S. economy and a slightly weaker Canadian dollar, manufacturing output in both Saguenay and Sherbrooke is set to improve in 2014. Saguenay’s economy will also benefit from steady growth in the services sector and a modest recovery in forestry, allowing real GDP to grow by 1.3 per cent in 2014. In Sherbrooke, the rebound in manufacturing output will help offset a decline in construction activity, resulting in one per cent economic growth this year. Trois-Rivières’ real GDP is forecast to fall 1.2 per cent this year, the fourth annual contraction in a row, as the closure of the Gentilly-2 nuclear plant continues to reverberate through the economy. On a positive note, new factory announcements and two new call centres will eventually help restore economic growth in TroisRivières starting in 2015.

Please say you saw it in The Commercial Investor


Volume 14 Issue 08

905.545.1188 DIRECT. 905.LISTING 905.547-8464

OFFICE.

RE/MAX® ESCARPMENT REALTY INC., Brokerage

GAURUV LALL Sales Representative

glall@rmxemail.com

www.remaxhamilton.com

INDEPENDENTLY OWNED AND OPERATED

11260434_3314

REDEVELOPMENT SITE

WASTE MANAGEMENT SITE/ SALVAGE YARD

2.1 acre re-development parcel on well traveled Garrison Rd Fort Erie. Presently used as a motel. Zoning is CMU1-447, RMI-446, OS-450 (High exposure site). Asking $749K.

Over 99 acres zoned for waste management and salvage yard located only minutes south of Hamilton. Approximately 35 acres are developed into salvage yard and the remiander remains forest/bush. Property has been approved for 1,000 tons of waste daily. Property includes 2 buildings, weight scale, loader, tilt and load and much more. Asking $2.5M

3314_DJW_0104

Hamilton

EX LI CLU ST S IN IVE G

29

Commercial Real Estate & Business Opportunities

3314_DJW_0103

SALVAGE YARD

WANTED • Vacant commercial lots (sw Ontario) • 5+ acre property for estate style home (Hamilton-Niagara) • Property for Medical office space

7000+ sqft building on large lot with 3 street frontages presently used as mechanical repair shop however would suit many other uses. Great for fast food, banks, gas station. This high traffic location is only seconds from the 3314_DJW_0106 highway. Asking $899K.

Prime downtown Hamilton location with 1000 sqft building. Asking $699K.

3314_DJW_0105

(west Hamilton, Niagara region) • Institutional property (Ancaster)

8181662_3314

Ramzi Twal Sales Representative

PINNACLE REAL ESTATE BROKERAGE Each Office is Independantly Owned and Operated

905.388.1110 / 1.877.938.1110

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

SUPERMARKET

HAMILTON CAR LOT

Well established neighbourhood supermarket & Deli take out food. Can be purchased with the building. High traffic location with schools & churches nearby, great exposure with prominent signage, 20 car parking, corner location, steady stream of regular shoppers. DO NOT GO DIRECT. MLS #H3128371. ASKING FOR BUSINESS $99,900 + STOCK

Well exposed lot next to RONA and Tim Hortons on a busy street with access to QEW. Has been used as a car lot for many years. Trailer running width of property with offices included. Trailer with offices measures approx. 48’ x 10’. Lot approx. 52’ X 100’ MLS #H3131191. ASKING $129,900

2114_DJW_0002

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2114_DJW_0003


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Volume 14 Issue 08

31

Commercial Real Estate & Business Opportunities

CHRIS SEEPE BROKER OF RECORD

Dir:

416.525.1558

Aztech Realty, Brokerage 6 Riviera Drive, Concord, Ontario, L4K 2J1

Email: cseepe@aztechrealty.com

11278064_3314

CAN DEVELOP AN 800-HOME RESIDENTIAL COMMUNITY, OR CONVERT TO RESORT, RETREAT, SEMINARY, ETC

HALF-HOUR DRIVE NORTH FROM PETERBOROUGH • 1,450 Acres (7 Land & 2 Water Parcels) BUILDINGS: • 6,450’ Shoreline, Pigeon Lake (Kawarthas) • 28-room (18 BR), 2-storey mansion, about • Many Permitted Uses 7,400 sq ft • Part Of Trent-Severn Waterway • 4-BR modern log cabin • Historically-Significant: Visited By At Least • 4-BR groundskeeper home 3314_DJW_1_0023 2 Cdn. Prime Ministers • Fully-functional farm

WWW.SANDYPOINTESTATE.COM

$11,999,995

FOR SALE - 9 STOREY SEPARATE METERED SIX PLEXS, PICTON, ON

GREAT UPSIDE POTENTIAL-CONVERT TO AFFORDABLE CONDOS, ADD RENTAL UNITS

GREAT UPSIDE POTENTIAL-CONVERT TO AFFORDABLE CONDOS, ADD RENTAL UNITS • 9 x two-storey six-plexes (54 units) • VTB possible • 18 x 2-BR + 36 x 3-BR • Each unit separately metered and heated • 6.7 acres - plenty space to add more units • Washer/dryer hookups • Income about $404,350 • Only 1 vacant unit • Attractive 1st mort. must be assumed

3314_DJW_3_0024

WWW.AZTECHREALTY.COM Please say you saw it in The Commercial Investor

$3,250,000

Greater Toronto Area

DREAM COTTAGE OR RE-DEVELOPMENT PROPERTY


Volume 14 Issue 08

Commercial Real Estate & Business Opportunities

Independently Owned & Operated

905 - 640 - 8900

ADAM COX

Sales Representative

Cell: 416 - 889 - 6449

Avsold.com

New land assembly of 5 homes on Bloor subway line

100 yards from station. Zoned medium density - Etobicoke More info coming from consultant as to potential. Each home value is $650,000 + premium for favourable zoning. Co-op 2%

Lakefront property Preston Lake @ Bloomington and 404 10 minutes from Steeles. 90 x 185 gently sloping. Home is 1500 sqft. with full finished walkout basement. Buy as a home or cottage. Rent out furnished year round by the day or week. Summer rental potential at $2000/week. Ask $825,000 Co-op 2.5%

Exclusive +160 Apartment Suites – Orillia – 2 buildings built in the last 10 years – can be condo. 70% two bedroom units, no underground parking Seniors oriented building walking distance to downtown

Asking $23MM or 5.25% cap

Newmarket Commercial 600 Condo and 221 retirement development site Newmarket draft plan approved for 720 units 4 “phased” buildings up to 8 stories with court yard 4 acres ask $16 mil. Nda

Direct: 416-995-4374 / 416-820-8309 Bomanville 5 acre retirement development site Office: 905 - 455 - 0004 High density, 318 suites Zoned R4, Appraised at $5mil nda

Lorenzo DiGianfelice, Broker of Record & Owner

ldigianfelice@cfrealty.ca Commercial Focus Realty Inc. 35 The Links Road, Toronto, ON, M2P 1T7

Phone: 416-907-8281 Fax: 416-972-9588

600 Condo & 221 retirement development site Newmarket Greater Toronto Area

Draft plan approved for 720 units 4 "phased" buildings up to 8 stories with court yard 4 acres ask $16 mil. Nda

11289454_3314

HomeLife Cholkan

Ernie Grenke,

Office: 416-236-7711

Direct: 416-567-3225 Email: hlcholkan@trebnet.com

Realty Corp., Brokerage

Broker

PICTON ONTARIO

$6.2 MILLION

$4,925 PER ACRE

$130,000 EACH

FOR SALE 39 APTS

ESTATE SALE

Mostly 2- Bedrooms. Etobicoke. Fully Rented. 520K - Low Rents Tenants pay hydro. 1.2 Acre Lot.

200 Acre Farm. Frontage 5460 Ft on Grey Road #8 County of Grey. Fronts on 3 roads with house, large barn, 133 workable acres. Drilled well with septic. Great Value!

7 COTTAGES WINTERIZED

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3314_DJW_0003

Please say you saw it in The Commercial Investor

Lake frontage - near Sand Bank Provincial Park. Hot and cold running water. Great retreat on Private family Shangri-La or rent for great income all year. 3314_DJW_1_0061

10377579_3314

Remax Realty All Stars Realty Inc. Brokerage

11289210_3314

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Commercial Real Estate & Business Opportunities

THE BROKER’S BROKER AND LENDER PROVIDING MORTGAGE FINANCING SINCE 1974

300 John St., Suite 328 Thornhill ON L 3T 5W4 905-­‐731-­‐1111 www.cyrfunding.com rena@cyrfunding.com

Commercial Industrial Residential Construction Land development Apartment building Custom/Model Homes Plazas Renovations

Stores with apartments Office buildings Inventory homes Cottages Farms Joint Ventures Mezzanine Lending Special Purpose 11289480_3314

businesssavvy

Clever quick tips for business travel

I

t’s no surprise that company cost-cutting puts

added pressure on business travellers, but that

shouldn’t mean compromising on comfort. Take a

look at these helpful tips from Days Inns Canada, to

make your next business trip stress-free: WHAT TO PACK: The most important rule for any business traveller is not to over-pack. Be practical and only take items essential to your trip. Review luggage specifications with your carrier and if you do need to check a bag, be sure to have important documents in your carry-on. COMFORT COUNTS: Nobody likes paying for things they don’t need. Pass on the five-star hotel and go for a two- or three-star that provides clean, comfortable rooms, exceptional service and the essential hotel amenities all at a reasonable price. Did you know that many Days Inn hotels offer a free Daybreak Café breakfast and most have a fitness room or

pool, so you can keep fit on the road? Free Internet access has become an industry standard. GET REWARDED: Check with the hotel you’re considering to see if they offer a loyalty rewards program like Wyndham Rewards, so you can earn valuable points or miles on every qualified stay. Check to see how many nights you need to stay to earn a reward and be sure you’re not locked into just redeeming your points for free room nights. KEEP IN TOUCH: It’s a good idea to send your business itinerary to a co-worker, friend or relative, so someone will always know your whereabouts. Be sure to carry a cell phone when travelling alone, and of course, sending an e-mail from the road to keep people informed is a good idea. R AND R: When travelling for business you rarely get time to tour your destination. Take a couple of extra days at the end of your trip to explore being in a new location and enjoy some time to relax before going back to the office. NC

Please say you saw it in The Commercial Investor

Greater Toronto Area

We have over 1000 lenders, institutional and private.


Commercial Real Estate & Business Opportunities

Volume 14 Issue 08

10929735_3314

34

Development Parcel partially located within the town of New Tecumseth (Alliston) Town Boundary. Abuts developer owned land. Two parcels for flexibility, great future potential. Located in one of the fastest growing Ontario Communities & recognized by the province to be a growth area in growth policy. $3,500,000 Marc Ronan*** 1-888936-4216

3314_DJW_0033

Greater Toronto Area

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

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

20 acres minutes to Alliston with 440' paved road frontage. Great views & building sites with pond on property. Great timing to build your dream home! $249,999 Marc Ronan*** 1-888-936-4216

3314_DJW_0037

78.5 acres in Central Essa Township. Approximately 60 acres workable. Located near proposed growth in Baxter. CP Rail line at back of property. Zoned agricultural. $729,900 Marc Ronan*** 1-888-936-4216

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

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90 acres sand loam in Central Essa Township, currently planted with trees, long term investment with approx 46% of land leased until 2017 + 1 option. Remainder is workable land. Located near Gillespie Trail Developments and Baxter. Minutes to Honda and Barrie. Land is zoned Agricultural and rural. $780,000 Marc Ronan*** 1-888936-4216

85 acres in Central New Tecumseth with 62' x 200' coverall and approximately 60 acres of workable land, remainder treed. $1,300,000 Marc Ronan*** 1-888-936-4216

15 acres - Urban Industrual Zone Land, ready to go with services available. Beside Major users such as Honda of Canada, Gibson Transport, Nissin Transport. Growing South Simcoe and Alliston. Ready to build or owner will divide. $225,000/per acre. Marc Ronan*** 1-888-936-4216 3314_DJW_0042

2126 sq ft commercial unit in Barrie's South end near Highways 400 & 27. Quality construction and finishes include showroom, boardroom, mezzanine approx 28' x 18' overlooks industrial space with 10' x 12' loading door at grade. Ample parking, thousands spent on leaseholds. Excellent location with easy access to Hwys at Mapleview. $319,900 Leigh-Ann Caron* or Marc Ronan*** 1-888943-0860 3314_DJW_1_0054

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. $1,340,000 Marc Ronan*** 1-888-9364216. 3314_DJW_0040

Location! Location! Hwy 89 & Airport Road. High profile corner commercial property 3600 sq ft on 1.68 acres. Custom built building suitable for business or restaurant & many other highway commercial zoning permitted uses. Excellent access and exposure with ample parking. $1,095,000 Marc Ronan*** 1-888-936-4216.

Please say you saw it in The Commercial Investor

3314_DJW_0043


Commercial Real Estate & Business Opportunities

35

Greater Toronto Area

Volume 14 Issue 08

Please say you saw it in The Commercial Investor


Commercial Real Estate & Business Opportunities

Volume 14 Issue 08

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36

Greater Toronto Area

Please say you saw it in The Commercial Investor


Volume 14 Issue 08

37

Commercial Real Estate & Business Opportunities

8975448_3314

Investment/development project. Site & architect plans. For 11 freehold, 7 townhomes, 4 semi's.

50 00 ,0 $1 www.mcdadi.ca/2335t Established fast food business. Busy location in Oakville. Seating for 25. 5 year lease with an option for 5 more.

3314_DJW_1_0012

50

,0 15 $1

www.mcdadi.ca/437b

www.mcdadi.ca/5920t

Convenience store. In community for decades. Tons of traffic. Turnkey operation. ATM & lotto.

Independent grocery store. Newly renovated & brand new equipment. Western Union, Fax, Copy & more.

3314_DJW_0031

Please say you saw it in The Commercial Investor

3314_DJW_0029

0

00

00 19 $1 3314_DJW_0030

3314_DJW_0032

www.mcdadi.ca/6460m Busy tanning salon. In well established gym. Nutritional supplements sales. Turn key business. 3314_DJW_2_0024

Greater Toronto Area

3314_DJW_3_0022

www.mcdadi.ca/915q Bakery in the heart of Toronto, Established since 2003. Tons of walk-in traffic. Willing to train & provide trademark recipes.

3314_DJW_0028

,0

00 ,0 49 $1 www.mcdadi.ca/1675t

Medical centre & pharmacy. 1,700 sq. ft. 4 examination rooms. Low monthly fees.

60

00 $5

00 $5 www.mcdadi.ca/1065102c Well established dentistry practice. Corner unit. Fully equipped. Excellent clientele.

3314_DJW_1_0011

www.mcdadi.ca/5153t

3314_DJW_0027

,0

00 ,0

00 ,0 50 $5

www.mcdadi.ca/6400m Highly profitable coin laundromats. Dry cleaning & alteration services. Option to renew lease for another 5 years available.

00

3314_DJW_1_0010

3314_DJW_2_0022

Established restauranty. 4,800+ sq, ft. Seats 164. LLBO. Lease for 4 years. Option 5 years more.

$5

$6

Live & work opportunity. Retail store. 2nd floor & basemnet apartments. Individual meters.

Industrial signage business. $150,000+ chattels incl. $130,000+ annual profit. Willing to train.

,0

00 48

39 $8 www.mcdadi.ca/901l

www.mcdadi.ca/202v Commercial building with popular Yogurt franchise. 3-storey detached with 6-2 bedroom rental units. Net income $250,000 before debt service. 3314_DJW_1_0005

00

3314_DJW_1_0058

,0

,0

00 ,0 50 ,2 $1 www.mcdadi.ca/30h Excellent investment/builder opportunity. 2 used car lots & 2 bays. Or build single family homes.

www.mcdadi.ca/5133t

$1 ,5 90 ,0 00

www.mcdadi.ca/1681w

00

3314_DJW_0026

www.mcdadi.ca/310r Waterfront retreat. 2 houses & 4 cottages on 1.35 acres. Heated salt water pool. Zoning for many investment opportunities. 3314_DJW_2_0008

9,

www.mcdadi.ca/130140150q Port Credit. Huge industrial/commercial building complex. Gated & fenced. Future development.

$8

$3 ,5 00 ,0 00

$2 ,4 99 ,9 00

$1 ,8 00 ,0 00

Sam McDadi Real Estate Inc., Brokerage


38

Commercial Real Estate & Business Opportunities

Volume 14 Issue 08

Greater Toronto Area 8647857_3314

Please say you saw it in The Commercial Investor


Volume 14 Issue 08

39

Commercial Real Estate & Business Opportunities 11265283_3314

Igor Chouminov President, Broker of Record

PAII REALTY INC.

Brokerage

416.877.0326 igor@paiirealty.com INVESTMENT AND DEVELOPMENT REAL ESTATE

COMING SOON TO RICHMOND HILL

15 UNIT TOWNHOUSE DEVELOPMENT SITE

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

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

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

Priced at $3,750,000

2114_DJW_1_0101

ESTATE LOTS FOR SALE

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

2114_DJW_1_0102

Please call for Details!

2114_DJW_0127

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

PhaseOne PhaseTwo SiteRemediation Environmental Site Assessments

8297113_3314

For ~ purchasers ~ vendors ~ realtors and lenders

Borehole Drilling Soil Sampling Groundwater Testing

Underground Tanks Asbestos Removal Demolition

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

905.825.2943 871 Equestrian Court, Oakville

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

Greater Toronto Area

ACTIVELY LOOKING FOR:


40

Volume 14 Issue 08

Commercial Real Estate & Business Opportunities

110 BED RETIREMENT HOME

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

37 BED DOM/ RETIREMENT HOME

Based on the current demographics the town has a demand for a good affordable retirement facility. The current building has an outstanding 22 bed domiciliary facility currently full with a waiting list, + an additional 15 beds are possible in a separate building.

3314_DJW_1_0080

19 BED HOME CARE FACILITY HAMILTON

16 HSC beds & 3 private. Same owner for 27 years. HSC payment directly from Ministry of Health. Great upscale residential location

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MICHAEL SHMUKLER, P.Eng, Broker of Record Greater Toronto Area

DIRECT: 519-318-1622 TOLL FREE: 1-866-960-6059 SHMUKLER REALTY INC. BROKERAGE

Email: michael@ShmuklerRealty.com

trebreport

GTA COMMERCIAL REALTORS report latest commercial market figures

T

oronto Real Estate Board President Paul Etherington announced that TREB Commercial Network Members reported 360,808 sq. ft. of space leased on a per square foot net basis through the Toronto MLS system in July. This result, which included transactions with pricing disclosed, was down from 696,939 sq. ft. reported in July 2013. The amount of leased commercial/retail space was up on a year-over-year basis, whereas the amount of industrial and office space leased was down. Industrial properties accounted for 60 per cent of total square footage leased.

“Commercial real estate transactions are often complex in nature, so it is common to see volatility in the amount of space leased from one year to the next on a monthly basis. While the amount of industrial space leased was down compared to July 2013, the average industrial lease rate was up over the same period. Part of this increase was due to the fact that there were fewer large spaces leased this past July compared to last year. Smaller properties tend to command comparatively greater lease rates,”said Mr. Etherington.

The average per square foot net lease rate for industrial properties was up year-over-year to $5.45. The average office lease rate was also up over the same period to $13.75. The average commercial/ retail lease rate was down over the same time frame to $18.77. There were 71 combined industrial, commercial/retail and office properties sold through the Toronto MLS system with pricing disclosed in July 2014. This result represented an increase compared to July 2013, when 60 sales were reported. Sales for industrial and commercial/retail properties were up year-over-year, while sales of office properties were down. Average sale prices on a per square foot basis were down in July for the major commercial segments compared to last year. However, the dip in average selling prices was driven, in large part, by a change in the composition of properties sold, both in terms of geographic location in the GTA and the size of properties sold. “It is encouraging to see that the number of commercial property sales in July was up in comparison to last year. Realizing that this result only deals with the month of July, it will be interesting to see if sales growth continues through the remainder of the third quarter. If this turns out to be the case, it could suggest that GTA businesses are expecting improved economic activity in the region moving forward,”said Etherington.

Please say you saw it in The Commercial Investor

11253451_3314

WWW.SHMUKLERREALTY.COM


Volume 14 Issue 08

41

Commercial Real Estate & Business Opportunities

Tony Giannini Sales Representative

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

905-270-2000 Email: agiannini@trebnet.com 9774309_3314

6 Bay Coin Car Wash (2 Truck Bays), coin laundromat and automatic car wash all situated on approx. 3 acre of land to build more commercial buildings for more income. Great income producing business. Located North of Brampton. For exclusive viewing call now.

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

Principals Only

8 BAY COIN CAR WASH & PET WASH

3314_DJW_1_0037

Approximately 5000 sq ft of commercial office space for sale. Modern design offices. Can rent out individually for income producing investment or use all 5000 sq ft as an end user. Located in Toronto close to downtown and major hwys. Don't wait call now to view. 3314_DJW_0143, 3314_DJW_0144, 3314_DJW_0145

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

3314_DJW_0140, 3314_DJW_0141, 3314_DJW_0142


Buying & Selling? Ask Me About Our Preferred Client Commission

Going Above & Beyond Expectations

Sales Representative

Direct

Triplex in growing community of renters and development. Gross income $33,600. 3 hydro meters & hot water tanks, coin laundry, 4-car parking! 2 x 2-beds and 1 x 1-bed. Modern apartments and ready to give you monthly rent! Asking $795,000.

YONGE & ST. CLAIR

LOCATION LOCATION!! Duplex with 3-kitchens. Multiple walkouts, 2-decks, new roof, furnace and 4-baths. Fully tenanted. Gross rental $30,876. Asking only $749,000. Super affordable option to start building equity and wait for the value to go up!!

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WOW!! Stunning!! Duplex with 2 - two storey units. Fully renovated top-bottom. Gross income approx $62,400. Asking $1,495,000. Absolutely beautiful units! Tunrkey without any renovation headaches! Call me now to get this deal!

BEACHES!

LEGAL FOURPLEX!! Fully renovated legal Fourplex in Seaton Village. Each unit has washer/ dryer, wall mounted air condition, separate gas tankless hot water & separate hydro/gas meters. Rear access to 3 parking spaces, 4 storage sheds, 4 wood boxes to store bins & backyard. Gross Income $100K. Asking $1.75M. 5% Cap-Rate! Don’t miss this! Call now!!

OSHAWA

$$$$ GROSS INCOME $84,204!!! Close to Schools, Parks, Community Centres and Hospital. The University of Ontario Institute of Technology is located less than 5 min away. Potential to increase rents. Boiler’s efficiency rating is approx. 95%. Building has character, with original hardwood floors in hallways and some units, as well as 10 ft ceilings in main level units. 8 x 1 bdrms & 1 bachelor. Asking $875,000. CALL ME FOR A PRIVATE VIEWING

Rarely offered Turn-Key Investment Property in the Beaches. Current setup: Main floor - one 2 bdrm apt, 2nd flr: 2 bdrm apt, 3rd flr: 1 bdrm apt. Basement: Bachelor apt, fully up to code, pass Ont. Fire Safety. Gross Inc: $58,320. Asking $1.499M

TORONTO

2914_DJW_2_0152

OSHAWA

GET THE CASH FLOW WORKING FOR YOU! 20 self-contained licensed apartments in well-maintained and upgraded investment property. Ceramic/porcelain floors, no deferred maintenance, stable tenants. 20 fridges & 20 stoves! Gross income $141,797, Net $120,155. Full financials available. Asking $2,290,000. CALL ME TODAY & GET THIS INCOME IN YOUR ACCOUNT NOW!

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Prime “Beach” Queen St. East Commercial location! Classic 4 Plex - 2 semi detached duplexes on single deed. Legal nonconforming use of commercial spaces. Large lot!! Gross Income app. $128K. Asking $2.25M. Major upside in the future! Call now for more details.

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TORONTO

DUPONT & BATHURST

BEACHES!!

2914_DJW_2_0151

Greater Toronto Area

2914_DJW_0084

BLOOR & DUPONT

Super busy location at Eglinton & Weston. Gross Income $46,800. All 3-bed apartments!!! Easy to rent. Asking only $849,900.

2914_DJW_1_0147

DON’T MISS IT!! Completely renovated fully legalized 4-Plex. Wonderful opportunity for the Investor who wants a turn-key income property. Each unit has been remodeled featuring an open concept with a gorgeous kitchen and bathroom. Fantastic tenants all willing to stay approximately gross annual income $68,000/year. Asking $1,299,000.

TORONTO

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2914_DJW_0081

MIMICO

2914_DJW_0088

COLLEGE & LANSDOWNE

647.895.9191

GROSS INCOME $63,024!! Great location! Corner unit, parking at back and side of building. Clean and well maintained legal 6 plex -- 4 - 2 bedrooms and 2 - 1 bedroom. On-site coin laundry. 7 parking spaces, 4 units have balcony/porch, potential to increase rent! Asking only $700,000!! GREAT VALUE AND INCOME!!

Please say you saw it in The Commercial Investor

WOW! GROSS INCOME $75,480! Extra prime location in East York. Big opportunity w/ 4 units: Two x 3 bed, one x 4 bed & one x 2 bed, $60K net income before debt. HUGE CASH FLOW! CALL NOW! Asking $1,299,000.

11288309_3314

Chevli

Remax Crossroads Realty Inc 8901 Woodbine Ave Suite 208. Markham ON Tel: 416-491-4002 | Fax: 416-756-1267

2914_DJW_1_0143

MARCUS


Volume 14 Issue 08

43

Commercial Real Estate & Business Opportunities

Mounir Saghie BROKER

Sutton Group Heritage Realty Inc., Brokerage

Office: 905-619-9500 Direct: 647-505-9867 E-MAIL: MSAGHIE@SUTTON.COM

TORONTO

OSHAWA

Legal 6-plex in the heart of East York. 4 x 2 Bed/rms and 2 x 1 bed/rms. Separate meters with separate hot water tanks. All thermal windows. Meticulously cared for building.

6 Units. 4x2 B/rms & 2 x 1 B/rm. Great Location. 2 Parking Spots per unit. Good Tenants, very well maintained building. Net income of Approx. $48,400

ASKING $1,099,000

3314_DJW_0059

BARRIE

LINDSAY

Fantastic Investment Opportunity. No vacancy! In the heart of Barrie. Beautifully renovated. 11 Residential & 2 Commercial. Assumable mortgage at 4.11%.

3314_DJW_0058

ASKING: $838,000 Greater Toronto Area

3314_DJW_0060

4-Plex in Central Downtown area. 2 x 3 B/rm units and 2 x 2 b/rm units with lots of parking. Net income $47,400.

ASKING: $1,890,000

3314_DJW_0061

ASKING: $345,000

LINDSAY Prime Commercial Building with two existing long term Businesses willing to stay. Have long term leases. Perfect Location In Down Town Busy Area - Well Maintained Building (New Roof 4Ys Ago) All expenses and Taxes paid by Tenant. Landlord only pays $3,085 for building insurance. Over $50,000 annual income. GREAT OPPORTUNITY!!

3314_DJW_0057

ASKING: $674,900

FOR A SUCCESSFUL SALE AND CLOSING, CALL ME. LET’S TALK. Not intended to solicit those already under contract. Please say you saw it in The Commercial Investor

11274591_3314


CENTRAL ONTARIO

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

CENTRAL ONTARIO SECTION COVERING: Barrie Collingwood Muskoka North Bay Kawartha Lakes

Midland Meaford Paisley Parry Sound Orillia Owen Sound Sudbury Walkerton

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com


Volume 14 Issue 08

45

Commercial Real Estate & Business Opportunities 10102019_3314

INVEST IN COTTAGE COUNTRY LA DOLCE VITA www.westandcentre.com

NEW PRICE WELL KNOWN RESTAURANT FOR SALE IN HUNTSVILLE

Office: 705-325-1373

Clinton Smith

Broker of Record

Sales Representative RE/MAX Realtron Rlty Inc.

Direct: 705-323-7200 www.remaxorillia.com

Toronto: 1-800-465-4628

LOCATION LOCATION.

Great investment property minutes from major highway consisting of well-run Amco Gas Station with 10 pumps including 2000 sq.ft. auto repair shop. Corner property with room for future expansion. Limitless possibilities. Convenience store. Duplex. Owner retiring after 40 yrs.

$1,500,000 Please say you saw it in The Commercial Investor

2914_DJW_0076

2914_DJW_0077

Central Ontario

RE/MAX Orillia Realty (1996) ltd.

Donald G. Stoutt FRI

11288874_3314

Buy the building and all chattels for $680,000 with a 36 seat interior and 90 seats with inside and outside patio right in the heart of central Muskoka. All up to code. Large deck with wood fired pizza oven. 2 separate apartments upstairs. Parking at rear for 10 cars and adjacent to public parking. View at www.21weststreetsouth.com. Or buy the business for $95,000 including all chattels and lease the restaurant for $3000 per month. Your choice to start a new business in Muskoka. Bill or Sher McGrath. 3314_DJW_0137


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Commercial Real Estate & Business Opportunities

Volume 14 Issue 08

PUTTING THE PIECES TOGETHER HOW DO I FINANCE MY WAY THROUGH THAT TRANSACTION?

W

Central Ontario

hen working through potential formulas in engineering a winwin transaction, too many times we cloud our thinking with the haunting prospect that exchanging is somewhat cumbersome? For clarity, every transaction is an exchange. We exchange cash for a quart of milk. We trade our used car in plus add cash to acquire that new vehicle. When we pay all cash for a property, it is an exchange of cash for property. To that end, we traditionally prepare an Agreement of Purchase and Sale between a Buyer and Seller, which is negotiated to a satisfactory conclusion. Similarly, any time we work through an exchange of properties, the same applies. It simply is documented as two separate Agreements of Purchase and Sale, with simultaneous closings. The Result.“Two Agreements of Purchase and Sale ready for Financing.” Most Lenders understand that the cash for a transaction can come from the sale of other real estate. Therefore, our traditional methods of borrowing through mortgage creation holds true here. No difference.

EXAMPLE SITUATION: Passive Investor A (“A”) wants to exchange a commercial site valued at $600,000 to Active Investor B (“B”) as partial exchange for B’s strip plaza, valued at $2,300,000.“A’s” land is free and clear.“B” is willing to carry back a $500,000 second mortgage, subordinated to a new mortgage of $1,200,000. SOLUTION: “A” and “B” prepare two Agreements of Purchase and Sale (“the Agreements”). The first Agreement is the sale of A’s land to B for $600,000 cash. The second Agreement is for the purchase of B’s strip plaza for $2,300,000 as follows: $1,800,000 cash down; Seller take back 2nd mortgage for the $500,000 balance, subordinating to a new $1,200,000 first mortgage “A” arranges. ALTERNATIVELY, suppose “A” needed to raise cash through this transaction to pay off an existing mortgage on its commercial site, pay commissions, legals etc. By negotiating the ability to raise a larger first mortgage,“A” can “crank” the needed cash.

By Darryl McCullough CCIM, Broker Since 1972, Darryl has been involved, through institutional, marketing and joint venture vehicles, in acquisition, disposition, finance and consulting of transactions throughout Canada and the U.S.

Darryl McCullough CCIM, Broker Royal Lepage Lakes of Muskoka Realty Phone: 705-641-8052 Darryl@royallepagecommercial.com

Independently Owned & Operated 11286082_3314

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Volume 14 Issue 08

47

Commercial Real Estate & Business Opportunities

SERVING CENTRAL AND NORTHERN ONTARIO

Broker

darryl@royallepagecommercial.com chris@royallepagecommercial.com

705-641-8052

Chris Bedforth Sales Representative

705-706-3993

11286085_3314

PRICE REDUCED! A SIMPLE COUPON CLIPPER

$1,195,000

PROFITABLE BUSINESS

Greater Sudbury. Excellent long term tenant with over 140 Ontario locations. Information package available.

LAND LEASE NNN LANDLEASE: 6.7% CAP 18 ACRE RESIDENTIAL

NEW - SALE OR EXCHANGE! 3314_DJW_0018

NEW! 3314_DJW_0016

$950,000

Great "NOW" multi-residential development opportunity in Town of Huntsville. Zoning is medium density allowing for many possibilities. Sellers are creative and flexible and are willing to consider a joint venture, exchange or partial exchange or will sell by phase with rolling options to purchase balance by phase. Call Darry for package.

3314_DJW_0017

LAKE ROSSEAU RESORT!

3314_DJW_0019

Operational Class A licence quarry and gravel pit, situated in the heart of cottage country Lake of Bays, large creek for water supply, 87 acres, unlimited extraction, large quantities untouched. Engineers site plan maps complete and available.

$2,399,000

Completed back-up package including video available. Beautiful maintained resort on world famous Muskoka Big Lakes. Resort in excellent condition with that special authentic Muskoka touch. 3314_DJW_0020

MUSKOKA WHARF- GRAVENHURST Two (2) strategically located 40 ACRE "NOW" DEVELOPMENT SITE $1,990,000 Commercial Pad Sites totalling Comprehensive 8,300 sq. ft. (3,400 sq. ft. & package available. 4,900 sq. ft.), offered separately Greater Sudbury. 23 or together. Located next to the acres Commercial R.M.S. Seqwun and Grace & and 17 acres future Speed Exhibit. A high exposure development. Signalled business location or short tem land intersection. Market gap study complete. Seller is SEEKING OFFERS! SALE OR EXCHANGE! 3314_DJW_0021 bank & resale. Asking $424,000 for both. Seeking OFFERS! 3314_DJW_0022 creative and will assist.

OVER 60,000 VISITORS PER YEAR

$365,000

MUSKOKA

SALE OR TRADE! 3314_DJW_0023

Prime commercial/Investment property overlooking the falls in Baysville c/w vacant land component with several options for development and a 2 storey rental duplex that is generating a good income now. Zoned C2 Community Core Commercial.

ORILLIA-PROFITABLE - REDUCED Without doubt one of the most popular year round lunch and dinner restaurants in the city. Profitable turn-key operation with further upside. Inside & outside seating for 135. Hands-on owners retiring. Priced to sell. Call Chris. BUILD TO SUIT Bring your business to the lifestyle. 3,200 sq. ft. new freestand for lease to your specs. Call Chris. MUSKOKA BUSINESS OP $290,000. Bring yourself to the lifestyle. Busy general store, gas bar, 3 bdrm home, spacious yard. Serving the local and cottage markets with many growth opportunities. Call Chris.

FOR THE ENTREPENEUR. “OFF MARKET” BUSINESS OPPORTUNITIES The emerging “Creative Economy” in Central and Northern Ontario is allowing creativity, knowledge, innovation and access to information that is about to drive economic development in exporting to a widening local, regional and global marketplace; ALL IN THE CONFINES OF A BEAUTIFUL PEACEFUL LIFESTYLE Technology is allowing the exploration and pursuit of opportunities for growth in current strategic industry clusters, building on existing strengths, e.g. natural resources – water/trees/rock; environmental conservation; “green” building construction; arts and culture; aviation etc. Call Chris to discuss “Off Market” business growth opportunities in industries such as Aviation. Mining, Metals and Resources, Fish Production, Processing & Distribution, Forestry, Boat Production & Sales, Telecommunications, Publishing, Printing & News, Professional Services & Publishing, Sports, Hospitality, etc, etc.

Please say you saw it in The Commercial Investor

Central Ontario

Darryl McCullough CCIM


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Volume 14 Issue 08

Commercial Real Estate & Business Opportunities

11289344_3314

Donald G. Stoutt FRI Broker of Record

Direct: 705-323-7200 www.remaxorillia.com

Office: 705-325-1373 HOUBEN CRESCENT

9841 HWY 12

Vacant Estate Home sites in classic country setting area of executive homes, protective covenants. Choose your own builder. Paved streets, near sking and Barrie & Orillia. HST & development charges are in addtion to the purchase price. 3314_DJW_0069

5563 COUNTY RD 169 LICENSED WRECKING YD

Opportunity for agressive individual to live and work at this well established yard, many options, 30 acres large shop recently fenced yard. Financing available. $699,900. 3314_DJW_0052

434-436 WEST ST N

Opportunity to work from home, 4 br renovated bungalow, new gas furnace, municipal water, extra large lot adjoining gas bar and liquor store, good exposure, Warminster area. Plenty of room to build a shop. Reduced $219,000. 3314_DJW_0050

Commercial plaza 2 store 1800 sf each in an area of many retail stores and plaza near Hwy 11, lots of parking both stores rented $525,000.

8092 & 8098 HWY 11

1070 FIRE ROUTE C

Great Hwy 11 exposure home base business 2 vacant lots 100x229 ea MTO Entrance Permit $49,000 each.

Licence Class “A” gravel pit 100 acres 70 licensed partially fenced; scales MUSKOKA AREA haul route. Some materials stockpiled. Unlimited extraction all studies current. This is a productive long term asset. $620,000.

3314_DJW_0051

3314_DJW_0049

3314_DJW_0054

moneysense Central Ontario

10 ways a CGA can help your small business 1. Sound Advice: A certified general accountant (CGA) sees more than numbers. They see the big picture and can provide the sound advice your business needs. You are the expert in your business; and a CGA is the expert in accounting, finance, taxation and business management. He or she will be your adviser, counsel and confidante. Together, the two of you will anticipate, prevent and solve problems. 2. Succession planning: The difference between self-employment and business ownership lies in knowing that your business can succeed without you. Succession planning ensures that your business is self-sufficient. It allows you to take time away while you stay involved or to sell your business (or bequeath it) when the time is right. A CGA will help you develop and execute a sound succession plan. 3. Business startup: When you decide that it’s time to make your dream a reality, a CGA will help set up the most appropriate entity for your business, whether a sole proprietorship, partnership or corporation, with the skills and experience needed to guide you through this important stage of the startup process.

4. Software installation and training A CGA will take the time to understand the information technology needs of your business, assisting in the evaluation of functionality, cost and portability, and create the right software environment for your business through installation, configuration and training. 5. Systems implementation: Proper systems can make the difference between chaos and order. A CGA will help you to identify and evaluate systems such as record keeping, document retention, asset protection and information controls. 6. Estate planning: Whether you own a business or simply want to ensure the safe passage of your lifetime assets, estate planning is important. A CGA works with you and your lawyer to ensure that designated beneficiaries receive the maximum benefit from your estate. 7. Financial planning: Whether it’s investment advice to help you realize your retirement dreams or cash flow projections for your growing business, a CGA will provide the sound financial planning you require to get you to your goal. 8. Controllership services: If you think

Please say you saw it in The Commercial Investor

your business is too small to have a chief financial officer, think again. Many CGA firms offer part-time controllership services. They will provide hands-on advice about financial controls and procedures, assist in month-end processes and help ensure your business is in compliance with regulatory agencies. 9. Accounting services: CGAs offer a wide range of accounting services, from compiling your financial results on an interim or year-end basis, to payroll administration, tax compliance, cash management, projections and bill payment, plus analysis, assessments, calculations and reviews. 10. Tax planning and preparation: Tax planning and preparation is an integral part of the financial planning process. A CGA will help you minimize the taxes you pay – now and in the future – whether you’re an employee or self-employed, an investor or small business owner, a farmer, student or landlord. More information or access to other small business resources is available online at cga-ontario.org or toll-free at 1-800-668-1454.


Volume 14 Issue 08

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1194489

Commercial Real Estate & Business Opportunities

DOUBLE CENTURION 2007

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

9885410_3314

Harold Holmes Sales Representative Bus: 705-325-1366 800-498-8775 Cell: 705-329-8915 harold.holmes@century21.ca

QUARRY COUNTRY OPPORTUNITIES

3314_DJW_0107

1) $1,500,000 - 151 Acre property zoned RU surrounded by Quarry Development. Site is on a haul route & has approx. 1 million tonnes of dimensional stone, armour stone, flagstone, waterfall rock & some w/ weathering. Owner has completed all studies & property is now ready for licence application. MLS #587030035 2) $890,000 200 acres adjacent to a licenced quarry in an area designated as aggregate, potential for quarry & gravel pit. MLS #587250024 3) $3,000,000 - 300 acres next to an approved site & on a constructed haul route designated high potential mineral aggregate. MLS #587260021

COMMERCIAL OPPURTUNITIES

3314_DJW_0109

MOTEL IN ORILLIA

Originally a 13 unit motel, this building presently has 6 double units + a residential unit w/4 brs, 2 offices, 2.5 baths, living, dining & kitchen. On busy arterial street. The building requres updating, renovating & repair which is reflected in the asking price. MLS #5865900

A GREAT WATERFRONT INVESTMENT

243 Feet on Severn River & adjacent to Highway #11 Located in cottage country on the Trent waterway system Building has 5 residential apts + commercial space for various uses incl. retail sales & service Parking for many cars, dock & boat launching. MLS #586090536 www.cowbelllane.com

LEASE OPPURTUNITIES

DOWNTOWN ORILLIA Vacant office spaces for lease near Library, Market Square & City Hall 1100 sq. ft. $950/month, fronting on Nottawasaga 1000 sq. ft. $750/month, lower level 490 sq. ft. $650/month, side entrance

3314_DJW_0110

COMMERCIAL INDUSTRIAL LEASE

$10.00 SQ. FT.

Newer steel & frame retail or wholesale building located in an INDUSTRIAL PARK, 1872 sq. ft. grade loading and overhead doors, commercial grade concrete floor, well insulated, on street exposure, highway access, city services, natural gas radiant heat, paved driveway, 3 front parking spaces, additional at rear and side. MLS #14256818

3314_DJW_0111

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Central Ontario

3314_DJW_0108

$599,000


Volume 14 Issue 08

Commercial Real Estate & Business Opportunities

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

TEMISKAMING REALTY LTD., BROKERAGE New Liskeard, Northern Ontario

www.temiskamingrealty.com

Bill Byers, Sales Representative

bill-byers@coldwellbanker.ca

GORGEOUS WATERFRONT 142+ Acres surrounded by Crown land with year round road, hydro, & phone. Former hunting & fishing camp. Unorganized Township gives you unlimited uses. Miles of excellent boating, fishing, & hunting on the Montreal River. Asking $399,900. MLS 141712 3314_DJW_0070

FORMER VARIETY STORE With 1+1 Bedroom apartment. Good sized lot with storage sheds & parking Residential & Commercial uses here. Asking $89,900. Latchford. MLS 141557

3314_DJW_0071

Central Ontario

GOWGANDA MOTEL

RESTAURANT All set up & ready to open. Great Hwy #11 location in Latchford. Large paved parking lot. Asking $99,000. MLS 141613 3314_DJW_0072

5 unit motel and 2 bedroom home on 2.66 acres in Gowganda. New shingles on both, needs work. Unorganized Town, no zoning or building permits required. Many possible uses here. Asking 3314_DJW_0073 $79,900. MLS 141561.

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LIQUIDATION STORE Solid block 5700 sq’ building & business downtown Englehart. No competition, Seller will train. Asking only $195,000 many possible uses here. $100K Retail inventory included in the price. MLS 132614 3314_DJW_1_0086

Great location for visibility & access. Surrounded by Hwy #11, #569 & Development Road. Fully fenced & graveled 2.34 acre property with 3 gated entrances. 40’ x 60’ 3 year old well insulated shop with office & storage. Lots of potential with general Industrial Zoning 9 miles north of New Liskeard. Asking $349,900. MLS 140081 3314_DJW_1_0142

Please say you saw it in The Commercial Investor

9857729_3314

50


Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION COVERING: Lindsay Peterborough Port Hope Bowmanville

Cobourg Trenton Belleville Kingston Northeastern Ontario

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com

EASTERN ONTARIO

EASTERN ONTARIO


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Commercial Real Estate & Business Opportunities

REDUCED TO $12 MILLION

FAMILY RESTAURANT

FULLY LEASED - 114,000 SQ. FT. - 8.5 ACRE RETAIL PLAZA. Over 1,000 residential units in neighbourhood. Anchor tenants include Tim Hortons, Giant Tiger & Dollarama.

www.SidneySquare.com

www.35mcinroyrd.com

Eastern Ontario

ASKING: $474,800

11 unit apartment building has been updated, great location mins from downtown, excellent long term tenants.

www.231dufferinave.com www.231dufferinave.com

2914_DJW_0067

MULTI-UNIT

12,000 ft commercial/industrial building on 1.5 acres, yard is partially fenced back onto Millennium Trail, 6,000 s/f already leased.

www.6rosemary.com ASKING: $598,000

2914_DJW_2_0083

231 DUFFERIN

4 bedroom custom built home with inlaw suite that is situated on 13 acres fully fenced with 4 horse stalls, workshop.

2914_DJW_0069

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

www.blackdogstirling.com 2914_DJW_3_0081

EQUESTRIAN SANCTUARY

STIRLING

ASKING $450,000

2914_DJW_2_0095

8% CAP RATE

Fully leased, 13 residential apartments and 5 commercial units (2 buildings). Fully sprinklered, on site parking.

www.252mainst.com ASKING $1,588,000

2914_DJW_0066

2914_DJW_0068

UNIQUE BUILDING

32,000 SQ. FT.

Corner lot, 8,000 s/f with three large overhead doors, elevator to office area. Partially leased.

EXCELLENT INVESTMENT OPPORTUNITY. Located in Downtown Belleville. Hastings Housing Authority & Probation Office. Cap Rate 9.5%!!! Joe Shunock, Sales Rep.

www.9mcfarland.ca ASKING $575,000

2914_DJW_0070

www.15Victoria.com PRICE REDUCED!!! $1.5 MILLION

2914_DJW_2_0075

8305397_3314

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Volume 14 Issue 08

w

53

Commercial Real Estate & Business Opportunities 10264_3

Dee Abrams

William G. Bird

Sales Representative

dee@remaxquinte.com abramsdee@yahoo.com

Cell: 613-847-5907

williambird@cogeco.ca

* Each office Independently Owned & Operated

Cell: 613-243-2767

Office: 613-969-9907

Total of 4 six-plexes and additional 2 stone carriage houses which have been fully updated. An excellent investment property with very high income. Call Dee Abrams for more information or showings 613-847-5907.

$2,600,000

Broker, CCIM CD

Quinte Ltd., Brokerage*

3314_DJW_0048

NEWER RETIREMENT HOME IN EASTERN ONTARIO

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

$1,800,000

Business Details: Trade area 2 million people. Over 20 years in business. Fully trained staff, fully equipped shop, vehicle fleet. Sheet metal - HVAC installation - fabricating Property: 3 1/2 acres of land 8,500 sq. ft. industrial building. Zoned site Industrial. Overhead crane. 3314_DJW_2_0104

FOR SALE - NAPANEE

Owners wish to retire. Fully occupied. 35 units in total, can be expanded to 50 units. High income - books are available to qualified Buyers. Call Dee or Bill 613-969-9907

$4,300,000

3314_DJW_2_0108

$580,000

Scrap yard site located near the 401 Highway on year round roads Just off the 401. Property is zoned correctly. Yard is five acres in size. Zoning General Industrial M2. Taxes: $3,047 (2012) Lot size: 5 acres approximately. Owned by the same family for a number of years. 3314_DJW_2_0032

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

3314_DJW_2_0102

TRENTON CHINESE RESTAURANT

$175,000 FOR LEASE AND SALE

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

$119,900

3314_DJW_0047

3314_DJW_2_0103

Attractive - Well maintained Located on main traffic route High profile - Ample parking - 1200 sq foot unit and 2400 sq feet units. Units are ready to go. Large unit contains boardroom and kitchen Lease is $7.75 per sq foot. With T.M.I.s at $5.50 Plaza is also for sale. Call Dee Abrams at 613-847-5907 for more 3314_DJW_2_0101 details.

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

Eastern Ontario

$369,900

Cobourg Restaurant on Division St. All equipment is newly installed. Location is in a new building and features high visibility and heavy traffic flow. Additional income possible with full day service.


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Volume 14 Issue 08

Commercial Real Estate & Business Opportunities 11289435_3314

Quinte Ltd., Brokerage*

* Each office Independently Owned & Operated

Office: 613-969-9907

Cheryl Griese Broker Cell: 613-921-1311 c.griese@hotmail.ca

$259,000

INCOME PROPERTY

Fully equipped, four-plex, moneymaker! Residential/commercial building that has been completely renovated: foam insulation, newer gas furnace and water tank, wiring, plumbingg, eavestroughs, walls, floors, kitchen, baths, offices. Nothing to fix - just your bank account. Call now, 613-921-1311. MLS #: QR21405155 3314_DJW_0135

$174,900

WORK FROM HOME

Looking for an income property? Great opportunity to own a 24 unit storage facility. Turn key operation. Comes with a website that allows potential customers to view what units are available - what is coming up, and how to pay online, instantly! No office to maintain! Self sufficient and can be operated from the comfort of your home. Room for 48 more potential storage units or rent out the space for outdoor use. Fenced yard, steel roof and doors, concrete flooring. Newer (9 years). In the village of Madoc. Make a call for your future investment! 613-921-1311. MLS#: QR21405168. 3314_DJW_0136

8177055_3314

www.greeza.com

ProAlliance Realty Brokerage

BRUCE COOKE BBA, CCIM, SIOR Commercial Sales Representative

Independently Owned & Operated

Office: 613-966-6060

E-mail: bruce@cookeproperties.com

$979,900 16 APARTMENTS 9.67% CAP

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

$1,980,000 INDUSTRIAL 55,000 SF TRENTON

meaghancooke@hotmail.com

$2,000,000 23 APARTMENTS BELLEVILLE

Eastern Ontario Gross income $138K, excellent condition on huge lot, 12 of apart- Located on 5.7 acre fenced lot on Hwy #401 in Trenton, 24 1.75 Hours East of Toronto, 15 x 2bdrms, 7 x 1 Bdrms, ments were renovated in 2013, all new windows, located on the out- ft clear ceiling ht, 1200 AMP service, 7 loading doors, 75% + Bachelor. Balconies, separate hydro meters, close to bus skirts of London. $62,000 per unit. stop, shopping and schools. 3314_DJW_1_0090 leased, overhead cranes included. 2514_DJW_3_0092 3314_DJW_0121

$395,000 7,305 SF COMMERCIAL BLDG

$359,900 INVESTMENT PROPERTY 8.8% CAP

$249,900 COTTAGE ON MAZINAW LAKE

Former public school converted to a Legion and Church has had Leased @ $39,690/year plus utilities. Established tenant, good 3.5 acre lot with Western exposure, 354 ft of water frontage, 3 bedrooms, 700 ft of river frontage, 56 ft dock, screened in gazebo, fireplace, wood stove, crystal extensive renovation. Excellent condition on 6 acre fenced lot in location. Approx 7,000 SF, 1.5 hours East of Toronto. clear lake near Bon Eco Park. 2514_DJW_2_0094 3314_DJW_1_0133 3314_DJW_0120 the City of Belleville. Fantastic opportunity.

Please say you saw it in The Commercial Investor


Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION COVERING: Niagara Falls Niagara-on-theLake St. Catharines Thorold

Welland Fort Erie Beamsville Fonthill Port Colborne

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com

NIAGARA

NIAGARA


56 inthenews

Commercial Real Estate & Business Opportunities

Volume 14 Issue 08

OUTLET COLLECTION AT NIAGARA, CANADA’S LARGEST OPEN-AIR OUTLET SHOPPING CENTRE,

opened to crowds and fanfare

I

vanhoé Cambridge has officially opened Outlet Collection at Niagara, its open-air outlet shopping centre in Niagara-on-the-Lake, Ontario. The 520,000-sq.-ft. centre, the largest of its kind in Canada, is home to 102 marquee retailers, including several first-in-Canada outlet locations such as a Bass Pro Shops Outpost concept store, a Pandora Outlet and a White House Black Market Outlet. Other sought-after brands at the centre include Kate Spade Outlet, NIKE Factory Store, Calvin Klein Outlet and Michael Kors Outlet.

“We are very proud to have chosen Niagara-on-the-Lake to open our first Outlet Collection location,” said Daniel Fournier, Chairman and Chief Executive Officer, Ivanhoé Cambridge.“Outlet Collection at Niagara redefines the outlet shopping experience in Canada through its outstanding offering of prestigious retailers. It is our vision of a modern shopping centre: an experiential destination that is fully integrated with its community, that celebrates and promotes local culture and focuses on customer convenience and service.” Niagara Peninsula

“On behalf of the residents and Council of the Town of Niagara-on-the-Lake, I’d like to extend our congratulations to Ivanhoé Cambridge for today’s opening and for choosing the beautiful Niagara region for this extraordinary outlet shopping centre,” said Lord Mayor Dave Eke.“As a result of the Outlet Collection at Niagara, our region will now become an even greater attraction for visitors. Our community will benefit from the creation of 1,500 full-

Excited shoppers anxiously await the grand opening of Outlet Collection at Niagara. The shopping centre opened to the public on May 15.

and part-time jobs and an estimated $5 million annually to the local tax base.” David Baffa, Senior Vice-President, Retail Development, Ivanhoé Cambridge, noted: “Our teams have worked very hard for this historic day for our Company, for the residents of Niagara-on-the-Lake and tourists.” He added: “We invite all 10 million annual visitors to the Niagara region to stop by and see us the next time they are in the area. Our stores, the fabulous prices, the food court pavilion, complete with an outdoor fireplace, Muskoka chairs and an onsite tasting venue for Peller Estates Winery, will ensure your first visit isn’t your last.” ABOUT OUTLET COLLECTION AT NIAGARA • Located at 300 Taylor Road, Niagara-on-the-Lake, just off the QEW • Size is 520,000 sq. ft. • 2,700 parking spaces • 102 retailers including Kate Spade Outlet, NIKE Factory Store, Calvin Klein Outlet, Michael Kors Outlet, Tommy Hilfiger Outlet, J. Crew Outlet, BOSS Outlet, Aldo, Adidas Outlet, Gap Factory Outlet and many more • Community event space for local farmers market and ‘Food Truck Fridays’ • Barrel wall comprising 216 wine barrels donated by dozens of local wineries • Niagara-on-the-Lake Chamber of Commerce kiosk where visitors to the region can learn more about the area and its many events and attractions Please visit outletcollectionatniagara.com for a complete directory and more information. Ivanhoé Cambridge is a world-class real estate company that leverages its high-level expertise in all aspects of real estate including investment, development, asset management, leasing and operations, to deliver optimal returns for its investors. Ivanhoé Cambridge is a real estate subsidiary of the Caisse de dépôt et placement du Québec (lacaisse.com), one of Canada’s leading institutional fund managers. For more information: ivanhoecambridge.com.

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Commercial Real Estate & Business Opportunities

57

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

905-354-7413

9866060_3314

ROLLING MEADOWS GOLF CLUB 3314_DJW_0077

3314_DJW_0076

53 REGENT ST., WELLAND

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13085 LUNDY'S LANE, THOROLD

1627 NIAGARA STONE RD., NOTL 3314_DJW_0079

Montrose at Yokom Rd., Niagara Falls 18 Hole Semi Private Golf Club. Under Power of Sale REDUCED TO: $2,750,000. Contact: Mark Stevens, Sales Rep. or Todd Crawford, Broker mark.stevens@dtzbarnicke.com MORE GOLF CLUB OPPORTUNITIES AVAILABLE SOON

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16 DUFFERIN ST., FORT ERIE

50 WILLIAM ST., ST. CATHARINES 3314_DJW_0081

13,000 sq. ft. 2 storey Commercial Building available High traffic location in the heart of Virgil Multi-tenant potential LISTED AT $1,295,000. Contact: Taylor Wilson, Broker of Record taylor.wilson@dtzbarnicke.com Or todd.crawford@dtzbarnicke.com

3314_DJW_0080

11,200 sq. ft. industrial Building - Situated on 6.7 acres 19'6" ceiling height, two 14 x 14 O.H. Doors Adjacent Residential included. Ample on site parking Zoned: HC/A OFFERED At $875,000 Contact Mike Halliday, Sales Representative mike.halliday@dtzbarnicke.com

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14 Unit 2 storey walk-up apartment complex Full basement with coin laundry Very clean - New roof, eaves & downspouts 7-2 bdrm., 5-1 bdrm. & 2 bachelors OFFERED At $840,000 Contact Ralph Roselli, Sales Representative ralph.roselli@dtzbarnicke.com

9150 s.f. two storey professional office building located in the downtown core. Situated on 66 x 100 lot Parking for 14 vehicles Offer at $729,000. Contact: Greg Chew, Sales Rep. Greg.chew@dtzbarnicke.com

BROKERAGE APPRAISALS MANAGEMENT

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

Niagara Peninsula

3314_DJW_0078

Unique Property Offering with 2 storey residential on Regent St. & Commercial/Office Building facing KIng St. (#214-218). Includes adjacent parking lot. OFFERED AT $519,000. Contact Greg Chew, Sales Representative Greg.chew@dtzbarnicke.com


58

Volume 14 Issue 08

Commercial Real Estate & Business Opportunities

For all your Commercial Real Estate needs call Winfred Pasveer at 9741969_3314

Brokerage

Independently Owned & Operated

905-937-6000 fax: 905-935-8215

Winfred

905-931-2602

Niagara Real Estate Centre

winfred@royallepage.ca winfred@royallepagecommercial.com www.winfredpasveer.com

4318 PORTAGE RD, NIAGARA FALLS

Pasveer

Sales Representative

121-123 GENEVA ST. ST. CATHARINES

312 LAKE STREET ST. CATHARINES

0

00

, 89

K 00 AS8,0 9 $1

$9

Building on Portage Road. Just South of Thorold Stone Rd. With 6000 sqft of divisible office space available for Medical Offices or other professional tenants. 2300 sq ft office space on 2nd floor of bldg also available with 4 offices, open space for cubicles, etc., lunchroom with sink, Sm room for fax/printer or storage of office supplies, etc. 2 washrooms, lockers, shower. Storage space with warehouse shelving units. Plenty of parking and on a bus route for patients. Anchor tenant is federal government office on long term lease. 3314_DJW_2_0062

Incredible building 3 stories with a total of 21,000 sqft, 7000 sqft each floor, wooden 12-14" square beams made from Red Pine all throughout the building on all 3 floors. Lower level used for storage same with the top floor. Main floor is all restaurant with a 1500-2000 sqft kitchen area with prep areas, dishwashing area. Top floor lends itself for a great 6 or 7 loft apartments. Call Winfred Pasveer anytime 905-931-2602 cell. Winfred@royallepage.ca Winfred@royallepagecommercial.com 3314_DJW_2_0065

Greg Howe

4200 sqft restaurant FREGO'S GRILLHOUSE & BAR, locally well known pub/restaurant, sports bar. Business for sale only, monthly rent is $5300 per month + HST, lease has a further 5 year option, LCBO license with 120 seating capacity, there is an outside patio. This is not a franchise. This bar is the soccer central of St. Catharines. Call Winfred Pasveer anytime 905-931-2602 cell. Winfred@royallepage.ca Winfred@royallepagecommercial.com 3314_DJW_1_0063

gamhowe@sympatico.ca

Sales Representative

6150 Valley Way, Niagara Falls ON L2E 1Y3

905-935-6838

905-346-2000

Independently Owned & Operated

NIAGARA BROKERAGE

11246794_3314

26 VICTORIA ST. PORT COLBORNE TRIPLEXBEACH EXCLUSIVE LISTING

NIAGARA FALLS - EXCLUSIVE LISTING

FURTHER REDUCED $179,000 11% CAP RATE

4080 ERIE RD, CRYSTAL BEACH NO DOWN PAYMENT REDUCED $153,000

Niagara Peninsula One 3 bdrm @ $800 monthly plus gas and hydro. 2 - 1 bdrm @ $575 monthly each plus hydro (electric heat) maintenance fee character home located 1 block from downtown and half block from canal and historic West Street. 3314_DJW_1_0008

57 unit apartment building in the heart of the new University College Campus proposal, “GO” Train service, and 1 block from Police station. Only $87,500 per unit. Good condition. 2914_DJW_0022

Please say you saw it in The Commercial Investor

Completely renovated 3+ bedroom, 2 storey located right across from bay beach, will rent for $1000 per week in the summer. Zoned commercial, or earn $500 per day selling beach related products and fast food, the house is in mint condition, never been lived in since renovation, owner would consider trading for another house in the Niagara District. 2914_DJW_1_0098


Volume 14 Issue 08

59

Commercial Real Estate & Business Opportunities

Larry “BILKO” Bilkszto Your 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_3314 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES “BILKO”

Two storey red brick 3+ Acres development building w/mixed site. Land zoned for uses. 3 bdrm apt up townhouse & semiw/long term tenant detached homes, 64 paying $750/mth. units in total, 52 Main floor commercial townhomes & 12 semi office space w/6 office detached units. Close areas, reception, to St. Catharines new kitchenette, 2pc bath, attached garage with small overhead door hospital facility. Walking distance to many amenities. All city services. Asking $1,198,800 $1200/mth. Bsmt bachelor apt $550/mth $249,800.

Great location in the E a s t e n d o f Beamsville. Approx 800 sq ft of block & brick building w/full basement, electric garage door opener & walkout. All city s e r v i c e s . F.A.G./CA/CV. Paved parking in front & behind building, 2pc bath. Presently Puretap Water Distillers. Moving to larger location. $299,800

Award winning vineyard! A turnkey operation with contracts in place. 19.47 acres with 18 acres planted to 5 different varieties, all tile drained. 34 ft x 25 ft block 2 storey barn. Solid, spotless, 3 bedroom brick bungalow. Attached double car garage. $999,800

25 acre peach orchard in NOTL. Sandy tile drained soil suitable for growing everything. Endless water for irrigation. Presently planted to various varieties of young peach trees. A 6000 sqft packing barn w/loading dock, 2 coolers, office & bathroom. Plus Approx $13,150/yr from a 2yr old $65000 solar system on the barn. $899,800

54+ acres in Wine Country! Approx 21.5 acres planted to a vineyard in 1998, tile drained in 2005. Approx 16.5 open acres ready for planting. Balance 16.5 acres bush, pond, headland & barn.19mx12.5m insulated barn w/hydro. Solar cells 10kw solar elements installed. Power sold to NPE company. Apprx $11000.00 income per year. $999,800

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

Office: 905-358-5656

Sales Representative Cell:

905-371-4372

dmilani1@cogeco.ca

BECK RD., NIAGARA FALLS

STANLEY AVE., NIAGARA FALLS

74 acres of vacant land. Great location to build your country dream home. Enjoy the peace and serenity of country living. But still very close to city amenities, with the added advantage of being close to the new proposed NF hospital. Call Dennis direct 905-371-4372. MLS N30026912. 3314_DJW_2_0005 3314_DJW_1_0004

3.23 acre gateway property in the Fallsview tourist area. Great location for a highrise hotel, or highrise condo. Close to the convention centre, Marineland and Fallsview tourist attractions. Survey & Phase 1 ESA available. Call Dennis direct 905-371-4372. 3314_DJW_3_0006 MLS N30029480

Please say you saw it in The Commercial Investor

Niagara Peninsula

Brokerage

Dennis Milani, 11287033_3314

Masterson Realty Ltd.


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8181464_3314

Commercial Real Estate & Business Opportunities

GROUP

Paul Sipos

Sales Representative

®

SUTTON GROUP SKYWAY REALTY INC., BROKERAGE

905.646.9001

260 VINE STREET, ST-CATHERINES CONVERTED MANSION WITH 10 UNIQUE APT. UNITS JUST REDUCED TO $724,900

This rare apartment building was build in the 1860's and has loads of character with an unfinished loft. Many long term tenants and sellers have owned it for over 25 years. Pride of ownership with many updates in place. Full basement with laundry facilities, party room, washroom, storage and workshop. Resting on a 76.00 x 235.00 foot lot with plenty of parking. Excellently located in north St. Catharines, close to aquatic center, library, shopping, bus routes and the Q.E.W. Call or e-mail Paul for a full package at psipos1@cogeco.ca or (905) 646-9001 office. Also check out my website for further information at www.paulsipos.com. 3314_DJW_0146

905-641-1110 Tony Tripodi cell: 289-241-6954 Garden City Realty Inc., Brokerage Independently Owned & Operated

tripodi@sympatico.ca

Broker

10331793_3314

Your “FULL-TIME”, “FULL-SERVICE” Realtor, where my “FULL ATTENTION” is on you!!! Licensed since 1986 and a member of the “National Commercial Council” and “Commercial Council of Niagara”.

INDUSTRIAL * COMMERCIAL * INVESTMENT

SPACE FOR LEASE SPACE FOR LEASE

NORTH END ST. CATHARINES

Central location, including major tenants as Shoppers Drug Mart, large medical office, large real estate office, dental, optometrist, hearing office, veterinarian and more. Lots of free parking.

Large plaza, with space available for call centre. Tenants include Shoppers Drug Mart, KFC, free parking. Low rental rate. Land lord incentives.

Niagara Peninsula

3314_DJW_1_0129

BEAMSVILLE

3314_DJW_0122

FONTHILL-THOROLD AREA

Newer service plaza, with plenty of parking signage. Tenants include Meridian Credit Union, Canada Post Office, several retail/office spaces. New restaurant. Rates that you can't afford to turn down. Call now for details.

3314_DJW_0123

Please say you saw it in The Commercial Investor

Vacant land approx. 24 acres. Good for building lot, farming, holding. Asking only $10,000 per acre or best offer. Hansler road, Lot 18. Call phone or email for information.

3314_DJW_0124


Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

INVESTORS

The perfect place to list all of your businesses opportunities

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com

BUSINESS INVESTORS

BUSINESS


62

Commercial Real Estate & Business Opportunities

Volume 14 Issue 08

Business Investor

9649286_3314

Please say you saw it in The Commercial Investor


63

Commercial Real Estate & Business Opportunities

11289457_3314

Please say you saw it in The Commercial Investor

Business Investor

Volume 14 Issue 08


64

Volume 14 Issue 08

Commercial Real Estate & Business Opportunities

DOORS SALES AND INSTALLATION

WOMAN’S SPECIALTY APPAREL RETAILER

CNC MILLING AND TOOL FABRICATION

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

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

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

NDT PROVIDER

O

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

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

R DE UN FFER O

MANUFACTURER OF AUTOMATION EQUIPMENT FOR FOOD INDUSTRY

W ITY NE TUN OR PP

AIRCRAFT STRUCTURAL REPAIR

Located in Ontario the AMO has PDA approval with Transport Canada. Company offers aircraft sheet metal and composite structural repair, modification, and inspection to all types of aircraft, as well as custom paint services. Revenues $2.7 M Earnings in the $500 K range.

PLUMBING SERVICES COMPANY

Company operating in the GTA over 80 years specializing in all areas of plumbing - commercial, industrial, residential, service, installation and 24/7 emergency response. Well trained - 7 FT nonunion employees and strong account base generate revenues in the $1.7M and earnings in the $450K range.

MFG. TOPICAL MEDICAL PRODUCTS

LIFT TRUCKS AND HANDLING EQUIPMENT

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

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.

L SO

Business Investor

Located in Southwestern Ontario the company provides advanced and robotic systems for poultry, beef, pork, cheese, sliced meats, readymade foods, and industrial washing systems for all segments of the food industry. Revenues in the $6 million range and earnings in the $900K range.

O

W ITY NE TUN OR PP

D

R DE UN FFER O

HOME CAREGIVER

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

EQUIPMENT & DIES MFG.

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

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

8157086_3314


H

A

M

I

L

T

O

N 8148414_3314

Mazhar Roshan Sales Representative

905.929.9800

HomeLife Results Realty Inc.

Direct

905.318.3800 24 Hr. Pager 647.609.9463 GTA Direct mazharroshan@sympatico.ca UPPER JAMES HAMILTON

BROKERAGE

BUSINESS FOR SALE BURLINGTON - $89,900 D TE VALER I T L MO SE

Great location of long established Quizno Subs doing around 400K sales yearly. Long lease and very reasonable rent. Good for family operation.

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. 2914_DJW_1_0003

2914_DJW_0016

FOR LEASE BRANTFORD

GREAT BURLINGTON LOCATION - $114,900 D TE VALER I T L MO SE

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.

2914_DJW_1_6668

price reduced Restaurant/Bar/Poolhall business, runs on short hours Monday-Saturday, 15,000 sq ft facilitiy with very reasonable rent and long lease, hands-on entrepreneur needed, lots of potential, showings after 2 pm. 2914_DJW_1_0066

FOR SALE - HAMILTON

Long established dollar store located on a very busy street in plaza location, doing around 400K yearly, sales with good margin of profit, reasonable rent and long lease available. Asking $79,900. 2914_DJW_0015

RETAIL STONEY CREEK MOUNTAIN

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 2914_DJW_2_0024 PSF, immediate possession avail.

DESIREABLE ANCASTER LOCATION

On Wilson Street at the corner of Hwy #52. Across from the Ancaster Fairgrounds. Brand new Esso Gas Station and a modern restaurant coming soon. 7 units to choose from, has 2 bay auto garage. Good for any type of retail, office, commercial, warehouse or other uses. Call listing agent for further details. 2914_DJW_1_0026 2914_DJW_1_0006 2914_DJW_1_0027

2914_DJW_3_0019

2914_DJW_2_0018

BUSINESS FOR SALE R FO E ED SAL C DU CK RE QUI

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.

FOR LEASE - $15.00 PER SQ FT.

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

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

2914_DJW_1_0018

2914_DJW_2_0019

D TE VALER I T L MO SE

LAND FOR SALE

3 T LY EF N L O TS LO

DOWNTOWN - HAMILTON $1,500,000

PLAZA

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

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. 2914_DJW_1_0064

11G COM


businesssavvy

First steps to starting a small business What do entrepreneurs look like? By George Grignano and Will Townsend

T

he right attributes, a good idea, a plan to make it work and a way to finance your business is the formula to be followed to become successful. Here are some considerations: WHAT DO ENTREPRENEURS LOOK LIKE? Before you start your own business, be sure you have the personality traits that successful entrepreneurs display. The familiar characteristics of a successful entrepreneur include: OPTIMISM – entrepreneurs focus on solutions not problems PASSION – the quality that fuels their business and their personal lives PERSISTENCE – entrepreneurs keep going in times of adversity and stay focused on the end goal FLEXIBILITY – the ability to adapt to a changing environment EDUCATION – not formal education but a desire to learn and a drive to improve FOCUS – entrepreneurs focus on the big vision and recognize that short-term wins, although important, must add to long-term success. Continued on page 14

12G COM


Commercial, Real Estate & Business Opportunities 10228647_3314

Bill Bradley

Sales Representative

416.258.6866

Independently Owned & Operated

exitwithbill@gmail.com

Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866

1251 WHITE LANE, OAKVILLE

SPECIAL PRICE $979,000 NEW SPECIAL PRICE $999,000. SOLD BY BILL BRADLEY

D

L SO

1359 WHITE OAKS BLVD.

ley

rad

lB

il B By

Approx 5000 sq ft 2 storey brick home with double garage plus wheel chair accessible on a large ravine lot with swimming pool, hot tub, cabana, large patio for summer enjoyment. The home has a large living room, dining room, kitchen, family room, 2 pc bath and office on the main floor. The 2nd level has 5 bedrooms and 5 bathrooms. The lower level has a home theatre, 2 bedroom, and games room. This home has everything you want and is in movein condition. Call Bill Bradley. 3314_DJW_1_0017

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

3314_DJW_1_0079

Lovely condo apartment for lease. $1,400 plus hydro. Call Bill Bradley. 3314_DJW_0101

BEAUTIFUL RETIREMENT HOME A 40 unit approx. beautiful Retirement Home for sale in Excellent condition. Very profitable with 10.5% Cap return on your money. Where do you get that % return on your money today. Please call me and come into my office to discuss this lovely property. Price is negotiable. Buyer only to be verified. Call Bill Bradley 416 258 6866. Strip plazas available in the Province of Ontario, from $1,000,000 to $15,000,000. Call Bill Bradley IF you are interested in buying one or two (BUYERS ONLY)

13G COM


Continued from page 12

GENERATING A BUSINESS IDEA

~ Consider bootstrapping, a way of starting a business without external finance. This method is more strategic and focuses on

If this sounds like you, the next step to setting up your own

creating cash flow, minimizing expenses and reinvesting profits.

business is to identify a gap in the market that your product or service will exploit. This is easier said than done and can

STRUCTURING YOUR BUSINESS

be the toughest part of setting up your own business. To do this, ask yourself some searching questions. What services

How you structure your business will depend on what it is,

or products are missing from the market? Could you invent a

how you finance it, and your long-term business goals. It will

new product? What do you dislike about existing products and

likely be a sole proprietor, partnership, franchise or corporation.

services? Could you improve them? Before deciding on your structure, you should have answers to Using your own life experiences to inspire your ideas can

these questions:

help you spot business opportunities. This will also make you passionate about your product as you will be able to see

~ Is it important that you limit your personal liability?

and sell the benefits. Remember passion is one of the key characteristics of a successful entrepreneur.

~ Does your business need to meet any regulatory requirements that may have a bearing on your business structure?

TURNING YOUR IDEA INTO A STRATEGIC PLAN ~ How important is ease and set-up cost? One structure may Studies show that a significant amount of new businesses with

be easier, quicker and cheaper than another.

no business plan fail within the first two years. The adage is true: fail to plan and you plan to fail. Your business plan reflects how you see your business developing and maps out how you

~ Do you have an exit plan? If so, consider how the structure choices impact on your plan.

intend to drive your business forward. Your plan should set out your product, your intended market, and your key financial

The tax and accounting requirements you have to meet will

targets such as projected sales and profits.

depend on where you operate. Also depending on where you operate there may be government tax incentives so be sure to

FINANCING YOUR PLAN

investigate this. Wherever you are and whatever your business, choosing how to structure your business is an important

Your plan should also show the seed capital you need to

decision. It is worth seeking professional tax and accounting

start up and your day-to-day working capital requirement.

advice to help you make the right choice.

It is vital that your assumptions and estimates are accurate and reasonable. Do this and you will be able to foresee any

Becoming a successful entrepreneur isn’t easy. Most successful

problems and resolve them before they happen. A robust

people will tell you there is no right or wrong way and that to

business plan allows you and potential investors to see how

be successful you must be willing to fail. If you have the right

your business may perform in the future.

entrepreneurial characteristics, the right idea and structure your business the right way, you’ll stand a good chance of succeeding.

HERE ARE SOME WAYS FOR YOU TO FINANCE YOUR BUSINESS: ~ Investigate any government support such as grants or loans. ~ Borrow money from a bank or other lender. ~ Ask for help from friends or family. ~ Look at equity finance, where you raise money from external investors in return for a share of your business. These investors will usually be venture capital firms or business angels.

George Grignano, CA, is a Partner at KRP Kestenberg Rabinowicz Partners LLP. krp.ca Accountants For Entrepreneurs in Markham. Will Townsend, CA, is Senior Audit Manager with Cooney Carey in Dublin, Ireland. Both Firms are members of Russell Bedford International, a global network of independent firms of accountants, auditors, tax advisers and business consultants with offices in over 80 countries.

14G COM


15G

COM

9853283_4912

9853283_3314 9853283_4912


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

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

$1,200,000

$395,000

519.369.2128 11255951_3314

SALES REPRESENTATIVE CELL:

Email:

519.369.4113

INVESTMENT OPPORTUNITY

Horse farm zoned residential in the town of Durham. Can remain a horse farm or be developed as residential with the potential for approx. 120 lots with 2 entrances already off main roads. The property features a 5 bedroom brick home, large, L shaped bank barn with 21 box stalls & attached run in, 2 other buildings & a 1/2 mile stone dust track. 3314_DJW_0064

GREAT INVESTMENT

Six plex in the town of Durham. Property has 3 - 3 bedroom units, 1 - 2 bedroom unit and 2 - 1 bedroom units. Only 1 vacant unit at time of listing. 3314_DJW_0065

glen.reay@mcintee.ca • www.glenreay.ca VACANT LAND WITH BARN

Exit Realty Hare (Peel) Brokerage

Independently Owned & Operated

•

www.mcintee.ca

ATTENTION INVESTORS/DEVELOPERS!

Approx. 98.6 acres in Whitebelt. Prime location located North of Mayfield. Developers delight. Super investment for future development.

$4,900,000

Eugene Dignum

Stephen Dignum

Sales Representative

Broker

3314_DJW_0062

3314_DJW_1_0043

1.866.297.3948

$5,900,000

Prime corner location. Two frontages of approx. 1100 ft. Serviced lot with massive potential. Invest now to be ready for next wave of development in choice location. Close proximity to Hwy #50 and Bolton Industrial Development and future highway corridor. Bolton bypass frontage. Includes House & Barn. City water connected, gas and sewer available. Approx. 6.83 acres in Brampton.

www.eugenedignum.com

BE SEEN IN THE

LIMELIGHT Highlight your hot, new and unique listing. Feature 2 properties and your agent photo in a full colour quarter page ad.

Reserve your space today! 1-800-268-0077 16G COM

THE COMMERCIAL INVESTOR SPOTLIGHT

11277268_3314

Glen G. Reay


SPOTLIGHT SECTION 1100 sq. ft. office or light industrial space for rent

Escarpment Realty Inc., Brokerage Independently owned and operated.

1100 sq. ft. office or light industrial space for rent. Heat & hydro included. Lease hold improvements are included or 3 months free rent with a 3 year lease, $1490.00/ month. 1 full bathroom, 1 powder room, 5 car parking, 2 offices in mezzanine approx. 300 sq. ft. M6 zoning ideal for many uses including but not limited to showroom, online storage warehouse, studio, office. Located directly across from Turkstra Lumber in Dundas. Call listing agent for more information and other possible uses.

Unit #11- 370 Wilson St. East, Ancaster Ontario

905-304-3303 Jerry Romano

$1490.00/month

Sales Representative

3314_DJW_0001

11289389_3314

AMAZING ROCKY SAUGEEN CAMPGROUND 130 site campground with 2500 ft. frontage on the Rocky Saugeen River. 67 sites have hydro, water & sewer hook-ups, 1 rental cabin, 2 bedroom summer cottage. 25 x 30 ft. steel shop, rec hall, store, washrooms & laundry. New 16’ x 32’ above ground pool and deck-gated entrance. Great location close to Highway 6. Clean and well maintained. Property is 29.18 acres with a fresh water babbling brook and pond and natural wooded area with trails to and along the river. #14-042. Ask for Jack.

WILFRED MCINTEE& CO. LTD. Brokerage Durham,

ON N0G 1R0 - Tel: 519-369-2128 www.mcintee.ca

Jack Lawrence

$1,475,000

Sales Representative

Cell: 519-378-5636

PLAY GOLF!

3000 LINE 11, ORILLIA, ON

• Well established (30 years+) • Close to tourist attractions • Ski - Golf - Casino • 18 holes - 6400 yard can stretch to 7000 • Estate Sale • Additional land available • MLS #14249184

705-325-1373

Donna J. Smith

B RO K E R donnajsmithremax@gmail.com

ASKING $1,250,000

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31,823 15,583 15,292 18,797

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ain

40 Holtby Ave, Brampton

'F2' Industrial Units with Office Space Close Proximity to 410, 407, 401 Individually-Metered Hydro and Gas Unobstructed Warehouse Space Ground Floor of Office Space Finished HVAC In-place for Office Space Radiant Heating in Warehouse Entire Building Upgraded Truck-Level and Drive-In Doors Available

M

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

3314_DJW_0056

Bo va ird D

Direct

705-330-1289

Please call Donna J. Smith, Broker at Remax Orillia

11287725_3314

Orillia Realty (1996) Ltd. Brokerage

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3314_DJW_0074

“Thinking of listing – Give me a call – I have Buyers for Residential, Farms, Acreage and Commercial”

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Res: 519-369-3816 jack.lawrence@mcintee.ca www.jacklawrence.ca

401

UNITS Vi c to r @ B o u t i n M a n a g e m e n t. Co m FOR LEASE V i s i t w w w. B o u t i n M a n a g e m e n t . c o m f o r m o r e d e t a i l s Call Victor Boutin at 416.258.8830

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legallyspeaking

What is rent and why is it important?

F

or a landlord, an extremely important aspect of any commercial lease is rent, but it is not even defined under the Commercial Tenancies Act, R.S.O. 1990, c.L.7. This is surprising, because rent is the essence of the contract between the landlord and the tenant, and in the event of nonpayment or default of some kind, how rent is defined will determine what remedies are available to the landlord. Most leases and the Act provide for accelerated rent in the event of default in the payment of rent. A default in rent payment will open the door to distress or forfeiture. All of these issues can be addressed in your lease; rent can be defined by the lease as being much more than just the amount paid every month for using the premises. Commercial realties are such that a landlord needs every tool available to protect oneself. To do this, a landlord should enlist the services of an experienced commercial lawyer familiar with these kinds of issues. Why do we care how rent is defined? By creating a broad definition of rent, the landlord is better protected in the event of non-payment of monies due under a lease. It is much easier for the landlord to trigger 18G COM

By Jayson Schwarz remedies under the Commercial Tenancies Act or under the lease where the money is technically defined as rent rather than as maintenance or some other form of payment. This is an exercise in proper drafting, something your lawyer needs to do. Rent is usually defined to include two types of rent: the base rent that represents the net payment for the use of the premises, and additional rent. Additional rent will include any other payment the landlord collects from the tenant, including: realty taxes, maintenance costs of the common areas, insurance on the property, management fees and anything else that can be included. The key here is to explore with your lawyer all possible payments that a tenant could or would ever make to the landlord and to define it as additional rent. There is never any doubt that base rent is rent for purposes of the Act, but the definition of additional rent and what is included is a critical issue for purposes of protection from bad tenants. In order to protect oneself, a commercial landlord must use the lease to define different items as rent and define the means of enforcement. The courts have held that where a landlord wants to enforce an amount defined under the lease as rent (such as maintenance fees), he must provide a detailed accounting and the fees must be reasonable. Therefore, at the time the lease is drafted, it is incumbent on a landlord to ensure that the definition of rent is broadly stated to include all monies that will be due to the landlord – contemporaneously, the landlord must ensure that the remedies to collect, when those monies are not paid, are also in the lease. What happens, however, if the landlord used an off-the-shelf lease that did not include those things? The Commercial Tenancies Act states that the landlord has the right to re-enter the premises and re-take possession after 15 days without notice to the tenant. A lot can happen in 15 days, but with the right clause in a lease, you could act immediately. What if the default was payment of the landlord’s insurance, and this was not defined as rent in the lease? You might not even be able to take distress or forfeiture action. You need a proper lease! It would appear that there is more to the meaning of rent than meets the eye. Drafting a lease for commercial purposes is difficult and complex, but when properly done it is a great tool to protect your commercial investment. Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the website (schwarzlaw.ca), email (schwarz@schwarzlaw.ca), or phone us at 1-888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.

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


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Commercial Team In Canada! *

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

MARKHAM FREESTANDING BUILDING

USE DEVELOPMENT SITE – $4,880,000

• Turn-key development opportunity VE w/ • Zoned for mixed-use development SI LU site density 3.39 times greaterCthan EX • 37,867 Sq Ft • Approved plan for 142 residential units • Approved plan for 6,124 Sq Ft of ground level retail

• Currently used as bowling ally with

• 142 Approved residential units • 6124 square feet of retail

• No competition! Only new-building • Price includes development in area site, existing bowling • Excellent transit options: Don Vally, business and lease holds Eglinton, Victoria Park, O’Connor. 3314_DJW_0131 • Gross income over $650k, net income approx. $200 k.

COMMERCIAL

Victoria Park Ave. ++

3314_DJW_0132 • Retail plaza w/major bank as • Tons of parking BUILDERS DREAM! DEVELOPMENT SITE $4,888,000 anchor tenant Prime East Toronto LEASE - DANFORTH TORONTO•EAST RETAIL PLAZA location RETAIL/OFFICE/MEDICAL •• Turn-key development • Currently used as bowling ally with Over 18,000 Sq Ft opportunity in 2 bldgs EXCLUSIVE – $8,800,000 • Development potential • Zoned for mixed-use development w/ • density 9 total units E • No competition! Only new-building 3.39 times greater thanIVsite US OverSq 1.5Ftacres in area L •• 37,867 XC E • Excellent transitKINGSTON options: DonRD Vally, • Approved plan for 142 residential unitsMEDICAL EXCELLENT MARKHAM ATTENTION Eglinton, Victoria Park, O’Connor. INVESTMENT SERVICE PROVIDERS! RETAIL SPACE • Approved plan for 6,124 Sq Ft of ground

DURHAM EQUESTRIAN PROPERTY

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3314_DJW_0134

transportation TORONTO EAST RETAIL• Excellent PLAZA www.PBcommercialteam.com options: DVP, Eglinton, EXCLUSIVE - $8,800,000 - PRINCIPALS ONLY

Stunning freestanding building in prime Markham location! Close to Hwy 404/407 at Hwy 7/Woodbine. Approx 17,348 Sq Ft on approx. 1 acre with 45% zoned office space, and $700K in leaseholds. 2 truck level doors, 1 drive-in door, over 20 offices, board rooms++++ Won’t last! $3,588,000

level retail

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buildings on property. Tons of po- erty! Industrial & townhomes • Over 18,000area! Sq Ftcation! in 2 $850/mo bldgs + utilities tential! $1,434,800 $488,000 Call George 416-554-7653” WHITBY 90 ACRES RESTAURANT STEELES/KEELE

• 9 total units • Over 1.5 acres EXCELLENT MARKHAM INVESTMENT

intersection! Excellent terms & 6 months FREE • Development potential rent! $10.85/ Sq Ft - Call George 416-554-7653

BIGGEST AND BEST OF YORK REGION! – $5,680,000

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

SI

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KINGSTON RD RETAIL SPACE

*Based on Re/Max Canada commissions in 2014 1st Q

EX

Own your own restaurant! Established over 20 years! Turnkey opBeautiful 90 acres located within the eration, 65 seats, LLBO license, future48 407beautiful extension.acres!!! Rolling land with 1 and acre+all of PRIMEGreat Markham land! Approx Prime chattels. loction with creek running though. Portion of prop- 16th heavy traffic, business offices. Ave/Markham Rd. &Potential road exposure just minutes from erty wooded, remainder leased to lo- redevelopment Open 6 days/wk, 7:00am-7:00 pm. site!! Ravine propcal farmer. Great for aTons horseoffarm $150,000+ in &sales! Call Peter buildings on property. po-or erty! Industrial townhomes area! 416-606-7882. $64,800 land bank. $3,688,000 3314_DJW_0147 $488,000 tential! $1,434,800

EX

ATTENTION MEDICAL SERVICE PROVIDERS!

VE

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UXBRIDGE LAND

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SI

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3314_DJW_0130

Turn key retail/ofice space! Prime locaPrivate10 acre lot w/3,000 Sq Ft tion! Danforth Exposure! Potential uses: ranch bungalow and equestrian medical, dental, lawyer, accounting, offacilities for horse shows/events/ - $8,800,000 PRINCIPALS fice +++ Any retail! Beautifully finished EXCLUSIVE • Retail Plaza with Major- Bank • TwoONLY Buildings, 9 Total Units! boarding! 170X80 heated inas Anchor Tenant w/great lease terms! 2 chairs & approx. • Over 1.5 Acres in Prime Area! door arena, beautiful tack room, • Prime East Toronto Location • Development Potential! 60K in leaseholds at no cost to new • Retail plaza w/major bank as • Tons of parking 1,750 Sq Ft of PRIME Kingston Rd retail space w/ grassed paddocks+++ Close to Approx 48 beautiful acres!!! Prime 1 acre+ of PRIME Markham land! Your opportunity is here! Share rent, • Major Intersection! • Parking for Over 60 Cars! tenant!Ave/Markham $12/Sq. Ft Net.Rd. Call Potential George Kingston Rd exposure! Includes 1,750 11,000exposure acres Ganaraska Forest. road just minutes from 16th utilities & 1,100 Sq Ft w/professional excellent anchor tenant • Prime Toronto location • Over 18,000 Sq Ft! Danforth 416-554-7653 3314_DJW_0151Rd $779,800 Ft basement! Major Warden/Kingston redevelopment site!! Ravine prop- dental hygienist. Prime lo- Sq East 3314_DJW_0127

3314_DJW_0133

Your opportunity is here! Share rent, 1,750 Sq Ft of PRIME Kingston Rd retail space w/ Dream Home! 10 Bdr,12 Bath castle excellent w/ 19,169 Sq Ft of high-end living Kingston Rd exposure! Includes 1,750 utilities Ft w/professional space &on1,100 two Sq levels plus walk-out basement partially finished! Ideally Sq Ft basement! Major Warden/Kingston Rd dental hygienist. Prime Danforth lolocated in the Cachet Estates at Major Mac/Warden. Live the high life or intersection! Excellent terms & 6 months FREE cation! $850/mo + utilities run your business from this stunning gated mansion!! 3314_DJW_0126 rent! $10.85/ Sq Ft - Call George 416-554-7653 Call George 416-554-7653”

www.PBcommercialteam.com | Team@PBTeam.com 5071 Highway 7 E., Markham ON L3R 1N3 *Based on Re/Max Canada commissions in 2014 1st Q

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