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
FC_3314 (COM)
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
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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
! on ati on! c Lo cati Lo
• 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
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• 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
3314_DJW_2_0028
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
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190 LANCASTER ST E, KITCHENER
$699,900
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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
3314_DJW_1_0156
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• 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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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
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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:
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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
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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
SO
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
H RT IVE WOE DR TH
LD ON SO ITI D ON
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
2114_DJW_1_0110
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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DO YOU WANT TO BE A LANDLORD OR! RETIRED WITH CASHFLOW? 1-888-231-0649, ID#
LOCATION
ID# 2061 ID# 2062 ID# 2063 ID# 2064 ID# 2065 ID# 2066 ID# 2067 ID# 2068 ID# 1042
Hamilton Hamilton Hamilton Haldimand Niagara Falls Grey County Mississauga Aurora Power Of Sale
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)
DIRECT LINE VISIT
INDEPENDENTLY OWNED & OPERATED
“CONTRACTORS/SERVICE SPECIAL”
1-855-570-9997
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
$
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
$
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!
3314_DJW_5001
“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.
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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
GREATER TORONTO AREA
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
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contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
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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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Volume 14 Issue 08
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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.
3314_DJW_0038
3314_DJW_0039
3314_DJW_0041
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3314_DJW_0034
3314_DJW_0036
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
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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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Greater Toronto Area
Please say you saw it in The Commercial Investor
Volume 14 Issue 08
37
Commercial Real Estate & Business Opportunities
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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
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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
3314_DJW_2_0081
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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
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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!!
2914_DJW_0085
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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2914_DJW_0086
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.
2914_DJW_0083
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
2914_DJW_0082
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
Please say you saw it in The Commercial Investor
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
Please say you saw it in The Commercial Investor
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
52
Volume 14 Issue 08
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
Please say you saw it in The Commercial Investor
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.
Please say you saw it in The Commercial Investor
Volume 14 Issue 08
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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Volume 14 Issue 08
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
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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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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
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$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
3314_DJW_0075
3314_DJW_0074
“Thinking of listing – Give me a call – I have Buyers for Residential, Farms, Acreage and Commercial”
9526693_3314
Res: 519-369-3816 jack.lawrence@mcintee.ca www.jacklawrence.ca
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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
COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!
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legallyspeaking
What is rent and why is it important?
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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! *
Commercial Team In Canada! *
COMMERCIAL www.PBcommercialteam.com
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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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
TORONTO EAST RETAIL PLAZA
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
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KINGSTON RD RETAIL SPACE
*Based on Re/Max Canada commissions in 2014 1st Q
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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
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ATTENTION MEDICAL SERVICE PROVIDERS!
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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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