March 2 - March 29, 2013 Volume 13 Issue 3
INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! ed
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4112_DJW_0020
0913_DJW_0063
FREE SUBSCRIPTION!
0513_DJW_0006
4512_DJW_0009
receivershiP sale Highway 20, Smithville, Ontario - 20 minutes to Hamilton and the QEW. 19,750 sq. ft. on 5.24 acres. Ideal trucking and storage facility. Yard is asphalt and compacted gravel. A 16,200 sq. ft. storage building is also included. For more information, please call: William DeJong, President & Partner, broker of record 905.338.8877 ext. 220 Direct: 905.730.1500 Dean Piett, senior vice President, broker 905.338.8877 ext. 222 Direct: 905.467.1651 coldwell banker commercial integrity real estate inc., brokerage www.cbci.ca
simcoe, norFolk county New construction, 3 storey, 65,000 sq. ft. building with Norfolk County Court House, Norfolk County Planning & Economic Dev. and Human Resource Depts. Main floor Service Commercial and Court House with offices on 2nd and 3rd floors. Located at front entrance to Norfolk General Hospital. John Paisley, broker midevco commercial realty corporation, brokerage 1391 lakeshore road, burlington on l7s 1b1 905.639.7426 ext. 2 john@midevco.com www.midevco.com
Get The Commercial Investor delivered directly to your door! See inside for details
FC_0913 (COM)
college/bathurst - 970 college street Apartment for rent, 2 bedroom, brand new penthouse with balcony, $2595/month. Buy Direct Realty - I’ll sell your house for free if you buy your next house with me. Buy Direct Franchises available summer 2013, call for more details. John Favot, broker of record buy Direct realty corporation, brokerage 416.759.7653 email: javot@trebnet.com www.buydirectrealty.ca
orangeville - $975,000 Two beautiful brick 4-plexes, side-by-side, built in 1990. All 2-bedroom suites (approx. 1,000 sq. ft.) containing frig., stove, stackable washer and dryer. Buildings are in excellent condition throughout with new shingled roofs (2010). Never a vacancy. Gross rent $88,320. Close to all amenities: Shopping, transportation etc. Asking $975,000. Exclusive listing. Principals only. For Marketing Brochure contact: Winston Davies, broker of record Wincorp realty inc., real estate brokerage 45 keats crescent, guelph, ontario n1g 3b1 tel: 519.836.2080 Fax: 519.836.2081 email: wjmdavies@rogers.com
COMMERCIAL CONDOS
COMMERCIAL OPPORTUNITIES
Located in Grimsby near Casablanca Blvd. exit along QEW corridor with Hwy exposure. Starting at 1100 sq. ft. up to 8600 sq. ft. Please contact listing agents for further details FOR LEASE
$21 PER SQFT PLUS $4 TMI/CAM
$10 PER SQFT. PLUS $3 TMI/CAM
Over 10,000 sqft. combined office and warehouse space, along QEW corridor in Lincoln with easy truck access, ample parking, great visibility.
0913_DJW_0039
FOR LEASE
0913_DJW_0040
FOR SALE
$579,900
0.8 of an acre of development land in busy St. Catharines corridor, across from General Hospital. Currently operating as a parking lot. Corner lot with building at property line with 2000 sqft. of retail space and a single residential unit. 0913_DJW_0041
DUPLEX FOR SALE
$10. PER SQFT. PLUS $3.75 TMI/CAM
3000 sqft. of office space for lease in Smithville in new building.
$124,900
FOR SALE
$119,900
Available in Niagara Falls between Downtown and Tourist District. Main floor. 2 bedrm unit, second floor, bachelor unit. Many updates/upgrades in past few years. Cap rate of 8%.
0913_DJW_0042
Commercial Building at main signalized intersection in Smithville. Main floor Commercial unit of 500 sqft and second floor 1 bdrm residential unit of 500 sqft.
0913_DJW_0043
AVAILABLE
FOR SALE
0913_DJW_0044
BUSINESS FOR SALE Dairy Queen - Located in busy Gateway Centre/Food Court along QEW.
$5 MILLION
7 acres of land. Potential of future development at Casablanca Blvd., just South of the QEW near the Gateway Centre, and future GO station in Grimsby.
The Beaches at Port Development for sale. To be built in St. Catharines. 2.8 acres of land, 380 ft. of water frontrage. 16 residential units, drawings and approvals complete, just apply for building permits.
0913_DJW_0045
*HomeLifeM acro Realty Inc., Independently Owned & Operated
2G
AVAILABLE
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.
Brokerage
COM
S O O N
Benjamin Moore Paint Store - Established in large Niagara community Benjamin Moore Decorating Centre - Large established store in growing Niagara Falls
0913_DJW_0046
Nicholas Kazan, Broker Nicolas von Bredow, Broker
905.574.3038 1.888.751.2229 www.HLCommercial.com
11268720_0913
H O M E L I F E M ACRO
*
C O M I N G
11271752_0913
3G
COM
commercial mortgages (ontario) $ $
11261478_0913
From 500,000 to 65 million
CONDO HOTEL CONSTRUCTION DRAW $65 Million
LAND $1.5 Million
CAR LOT $2 Million NO FINANCIALS
MEDICAL BUILDING $2,650,000 RE-DEVELOPMENT & TAKE-OUT FINANCING
LAND ACQUISITION SERVICING 17 BUILDING LOTS $1.1 Million
Commercial Industrial Condo Redeem Power of Sale $750,000
INDUSTRIAL PARK $5.5 Million Poor location & Condition
OLD CITY MOTEL RENOVATION 2nd Mortgage $1.1 Million
CAR LOT CONSTRUCTION FUNERAL HOME LAND LAND SERVICING MIXED USE PLAZA RE-DEVELOPMENT RESTAURANT RETIREMENT STORE FRONT SUBDIVISION
OUR SPECIALTY
NON BANK LENDERS Large Private Lenders National Private Lender Pools Regional Private Lender Pools
0913_DJW_0006
0913_DJW_0004
0913_DJW_0002
OAKVILLE RETAIL/OFFICE W/ QEW/403 EXPOSURE $750,000
MISSISSAUGA STREET RETAIL MIXED USE $1,850,000
MISSISSAUGA STREET RETAIL $30/ SQ FT. PLUS TMI
Ideal for Office/Industrial and or Retail. Great Oakville location with easy access to the QEW/403. Ample parking at front and back. 4682 sq. ft. with approx 1800 mezzanine, TI Zoning allows for many uses including 40% retail. Central air and heat. Unit 3 and 4 are combined as one but can be used as 2 individual units (Unit 4 is currently rented and 3 is owner occupied). Each are individually metered with separate tax bills.
High demand street retail with maximum exposure and a residential component in the heart of Streetsville, 100% occupied. 6020 sq ft. High traffic area with easy access to the 401/403 and 407, next to GO station and on bus route. Appraised at $1,900,000 and bank approved @ 70% LTV
1531 Sq. ft. Street level retail with abundant road and foot traffic, best location in downtown Streetsville. Ample designated and non designated parking. Available April 1, 2013.
11271751_0913
4G
COM
0913_DJW_0005
0913_DJW_0003
0913_DJW_0001
Ajax, Alliston, Aurora, Barrie, Belleville, Bolton, Bowmanville, Bradford, Brampton, Brantford, Brockville, Burlington, Cambridge, Carleton Place, Cobourg, Collingwood, Concord, Cornwall, Downsview, Etobicoke, Fonthill, Georgetown, Grimsby, Guelph, Hamilton, Ingersoll, Innisfil, Keswick, Kincardine, Kingston, Kitchener, Lindsay, London, Maple, Markham, Midland, Milton, Mississauga, Napanee, Newmarket, Niagara Falls, Niagara on the Lake, North York, Oakville, Orangeville, Orillia, Oshawa, Ottawa, Owen Sound, Penentanguishene, Perth, Peterborough, Pickering, Port Colborne, Richmond Hill, Scarborough, Simcoe, Smith Falls, St. Catharines, St, Thomas, Stouffville, Stratford, Strathroy, Thornhill, Toronto, Trenton, Virgil, Wasaga Beach, Weston, Whitby, Willowdale, Woodbridge, Woodstock
For additional information contact
K. Samna
ksamna@yahoo.com
8172756_0913
5G
COM
www.realtyforeveryone.com
ritamollicone@rogers.com
Independently Owned & Operated
905-889-2200
Rita Mollicone, BA cell:
416-508-2949
FOR LEASE 9,000 SQ. FT. - DIVISIBLE
100 ACRES BUILDABLE LAND
• Downtown Windsor • Close to TUNNELL TO U.S.
• Georgian Bay most beautiful beaches
• 2nd floor - Elevator and lots of windows
• Overlooking Bluewater Beach
• Shoppers Drug Mart on main floor
• Draft plan approved
$1.90 sq. ft.
Call for price and information PLAZA NEWLY BUILT
MAJOR SINGLE TENANT
0913_DJW_2_0016
24-UNIT BUILDING
• 2 major tenants
• Toronto
• Toronto
• Long leases
• Long lease with annual increases
• Transportation, parks, schools nearby
• Parking and possible expansion
• Easily rented
• NOI $589K
$11.2M
$2.1M
• Approx. 5.5% cap
$2.9M
1160 UPPER PARADISE RD., HAMILTON
Currently set up as a hair salon/spa 1738 sq. ft. In highly visible and growing neighbourhood. Close to schools, bus routes and shopping. Rent from $20.00/sq. ft. net. 0213_DJW_1_0020
APPROVED FOR TOWNHOUSES
• Building in excellent condition • Recently renovated • Good anchor tenants • Over 22,000 sq. ft. leasable space • Net income $340,000
• 22 apartment units and 8 commercial units
• Excellent location in Toronto
• Conversion to 80 senior residents
• Project ready to go
$3.4M
$4.75M
• Presently operating as residential and plaza
$14M
8 MAIN ST. E., HAMILTON
Downtown excellent office building. Completely renovated. Air conditioned, heat, hydro, maintenance, janitorial, taxes all included. Steps from the courthouse and McMaster downtown campus. 712 sq. ft - $900 mthly. 828 sq. ft - $990 mthly. 0213_DJW_1_0009
325-327 BARTON ST. E., STONEY CREEK
Office building with high visibility and easy highway access. 1238 sq. ft. unit available from $11.00 per sq. ft. net featuring several offices, boardroom, plenty of parking & signage. 0213_DJW_1_7007
Office/warehouse space available with overhead door. Close to highway and in very visible location. Ideal for light industrial/distribution. 1400 sq. ft. for $1,143.33/month + HST. 2033 sq. ft. from $1,567.10/month + HST. 0213_DOREENW_1_0002
E-mail:
info@desantis.com
www.desantis.com 6G
DEVELOPMENT IN HAMILTON
QEW CENTENNIAL PARKWAY - 45 GODERICH
905-777-0252 ext 304
COM
PLAZA 1.5 HRS FROM TORONTO
8148088_0913
11266919_0913
HomeLife/Bayview Realty Inc., Brokerage
11102630_0913
7G
COM
11272352_0913
8G
COM
416.508.0459 Sari Samarah, Sales Representative
sari@thebehargroup.com
FOR SALE AND FOR LEASE
2777 DANFORTH AVENUE, TORONTO, ONTARIO
11269730_0913
230 COMMERCE VALLEY DRIVE EAST, MARKHAM, ONTARIO
0913_DJW_1_0059
0913_DJW_0058
- Former Bar building and land for sale for use of existing building or for new development - Located on the South East corner of Danforth Avenue and Dawes Road at signalized intersection - Approximately 8500 square feet lot size and approximately 6500 sf building - Asking $2.35 million - Available immediately - Agent to contact is Sari Samarah (416 508 0459) or Sari@thebehargroup.com
7491 NASHVILLE ROAD, VAUGHAN
- Former Restaurant for Lease - 404 and Highway 7 very busy area. Lots of Office and Residential population in the area. - 9559 Square Feet - $29 Net Rent - Available immediately - 1900 Square Foot Patio - Lots of Parking - Fully Fixtured Restaurant private dining, booths, dance floor and large kitchen with hood and refrigeration systems. In great condition. - Agent to contact is Sari Samarah (416-508-0459) or sari@thebehargroup.com
96 KING STREET EAST, BOWMANVILLE, ONTARIO
0913_DJW_1_0062
0913_DJW_0100
- 2.88 acres with Esso and Coffee Time existing on corner of property. - 1.95 acres of vacant land and .93 acres of land with Esso and Coffee Time - corner of Nashville Road and Hwy 50 in Vaughan - For Sale at $5.5 million. - Zoned C6 highway commercial - Approximate income of $180k per year - Agent to contact is Sari Samarah (416-508-0459) or sari@thebehargroup.com
- For Sale at $1.35 million - 5 acres of land with 2400 freestanding building with drive thru. - In the heart of downtown Bowmanville. - Currently Tenanted by Bakers Dozen with corporate covenant with 5 years remaining on the Lease Term. - 19 Parking spaces on site with ability to expand more square footage if redeveloped. - Agent to contact is Sari Samarah (416-508-0459) or sari@thebehargroup.com 9G
COM
$399,900
On ly 1
un it le ft
82 WEBER STREET E., KITCHENER $11.50/SF 1458 WEBER STREET E. KITCHENER $1,295,000 52 WEBER STREET
EXCEPTIONAL OPPORTUNITY FINISHED OFFICE SPACE FOR LEASE 1,260 sf remains for lease across from new courthouse. Zoned (CR-2) Commercial Residential Two Excellent for Legal Professionals, Accountants etc. Great visiblity on Weber St. and proximity to Downtown Kitchener Air conditioned office space with large windows & natural light
6000 sq/ft restaurant situated on .87 of an acre lot zoned C-6. Ideally located on main artery close to downtown Kitchener. Seating for 400 patrons plus 85 seat patio. Features ample parking, fully operational kitchen and great exposure.
0513_DJW_1_0093
56 WEBER STREET
0513_DJW_1_0057
$549,900 FREDERICK MALL, KITCHENER
Downtown Kitchener 5 Plex. Comprised of 2-three bedroom, 1-one bedroom, and two bachelor units the building is situated on a high exposure intersection. Currently the building is used as residential however commercial retail uses are permitted. Must be purchased with neighbouring tri-plex. MLS
Mixed use triplex located in downtown Kitchener. The subject property is comprised of 2 one bedroom apartments and a 1400 s.f. retail unit situated on public transit route and close to all amenities. CR-3 Zoning allows for many commercial uses. Must be purchased with neighbouring 5-plex. MLS
Retail units and Pad Site available Mall undergoing extensive renovations On Bus line On Expressway Join Valumart, CIBC, Dollarama and many more
0513_DJW_1_0121
0513_DJW_1_0120
450 FREDERICK STREET, KITCHENER $9.50/SF
Last unit remaining 3rd floor suite w/private offices From 1,904SF to 2,425SF available Elevator, onsite parking, close to expressway.
0513_DJW_2_0104
0513_DJW_1_0039
1102 KING STREET PRESTON $899,900 BUSY VICTORIA STREET, KITCHENER Retail units for lease. 40,000 cars per day. 900 SF, 1,500 SF or combine. $22.00/SF (Net)
KITCHENER, ON Commercial land for sale. 4.85 acres. Price: $4.85M. Zoned C6. Located at Hwy 401 & Homer Watson, by Conestoga College.
ROCKWOOD, ON
Close to Guelph, Tim Hortons. Ideal for restaurant & services uses. Pre-leasing. Own a piece of Preston's history! The Grand River Hotel has been operating as a Country and Western bar and grill for over 30 years. Situated on 0.42 of an acre with paved parking for 20 vehicles, and located on a high traffic corner. The building features 6,700 square feet of main floor space with 19 rental rooms on the upper 2 levels, and is licensed for 460 patrons. 0513_DJW_0070
UPTOWN WATERLOO RETAIL
Retail unit for lease. Commercial unit 1,900 SF. $22.00/SF (Net)
NORTH DUMFRIES INDUSTRIAL
For sale: $2.2M. 15,000SF - fully leased. On 4 acres, backs onto Hwy #401
DUNCAN McLEAN
RYAN BRIGGS
SALES REPRESENTATIVE
SALES REPRESENTATIVE
OFFICE
519.578.0337 x22
OFFICE
519.578.0337 x19
CELL
519.590.7997
CELL
519.498.5775
FAX
519.578.0025
FAX
519.578.0025
Duncan@cmarealty.ca 10G COM
8471421_0913
KITCHENER ONTARIO
Ryan@cmarealty.ca
11G
COM
8155064_0913
11272223_0913
10438420_0913
Beautifully renovated turn key restaurant operation in Northend Niagara Falls. The building has all new stucco exterior finish new windows, doors, roof, parking lot, 2 new outdoor patio areas with modern glass finish & seating for 36. Inside offers completely renovated bar & restaurant with interior seating for 90. All new drywall, light fixtures, new booths & tables, custom u-shaped bar on lounge side with vaulted ceilings. Exposed brick work & gas fireplace open concept kitchen to dining room creates a great exciting ambiance. Corner of Portage & Coholan. Call for details. 0913_DJW_1_6007
NEW LISTING 4337 FOURTH AVE
$449,900.
TURNKEY RESTAURANT FOR SALE - BUSINESS OR BUSINESS & BUILDING
Ideal investment property. 9000 square foot commercial block building on 1/2 acre lot. Paved parking 5 units fully leased. Concrete floors, 18 ft ceilings, hot water, heating. Overhead doors, ideal for owner occupancy plus 4 additional tenants, priced at 10% cap rate. 15% return on investment. 0913_DJW_1_7000
0913_DJW_0020
12G COM
$599,000
$189,900
17-19 DUKE ST. Totally renovated & updated 3 unit apt. building w/ huge 2 storey 2 bdrm unit, plus large 1 bdrm unit & bach. Unit on main flr. Newer roof, windows, hydro meters, flring, kitch, full bsmnt, private yrd. Ideal investment. Great return on investment. Ideal for owner occupancy! 9% cap rate and 14% return on investment.
10 unit apartment building, seperate hydro meters, newer roof and mostly new windows, new boiler, majority units remodelled with laminate floors, ceramics and kitchens. Great downtown location, bachelor, 1 bedroom and 2 bedroom units, fully rented, existing financing myst be assumed, priced at a 10% cap rate showing an 18% return. Potential to increase rents.
0913_DJW_1_0023
Commercial, Real Estate & Business Opportunities
Bill Bradley Sales Representative
416.258.6866
EXIT REALTY YOUR WAY
Brokerage | Independently Owned & Operated Unit 2, 1240 Speers Rd., Oakville ON 905.815.9900
10228647_0913
exitwithbill@gmail.com
111 TRAFALGAR RD. OAKVILLE
0213_DJW_1_0130
BACK ON THE MARKET 0213_DJW_1_0108
Calling all investors - Rare care free investment in lovely downtown. Restaurant Bldg. at Lakeshore Rd. and Trafalgar Rd. in the middle of downtown Oakville business section. Approx 3500 sq. ft. on 2 levels with a small lift elevator and stairway. The area is ok to have 4 stories high so whatever an investor would like to use it for, commercial, residential or offices. The owner spent over $600,000 in the last 10 years on the building, complete renovations. Parking is just around the corner in a 4 story building which allows good parking for the Restaurant clients. The buyer is to take over the present tenant which has a 5 year contract with a first right of refusal for a second 5 year contract. Call William (Bill) Bradley @ 416-258-6866.
0213_DJW_1_0070
0213_DJW_1_0071
General Store and gas bar servicing all the local residents, camp grounds, cottages and close to Algonquin Park. The store has the General Post Office outlet, groceries, gifts, movie rentals, camping supplier, fishing rods, etc. and gasoline pumps. Living area, 3 bedrooms, kitchen, living room & porch. Township approval for L.C.B.O. outlet, and application in for 6/49 Lotto.
$329,000
0213_DJW_2_0105
$1,450,000
0213_DJW_2_0081
0213_DJW_3_0082
These two properties back onto the Grand River which flows through the Town of Dunnville and are accessible to it for boating, etc. The Commercial Property has 2 stores which are leased out and the warehouse or large garage can easy be rented out. The bungalow has a living room, kitchen, bedroom, office and bathroom with a large deck out the back facing the Grand River and is leased out at present. Call Bill.
$199,900 & $399,900
0213_DJW_1_0441
Very busy gas & diesel station on Main St. in Cobden Ontario. Has a large Variety Store along with Super Lotto & 6/49 Lotto Sales. The property is on # 17 Hwy West of Ottawa and is 125’ x 100’ in size. Only 3 yrs old and very profitable. It is ideal for a young couple or retired couple to operate. Call Bill Bradley.
$349,900 13G COM
8302229_0913 11265809_0913
14G COM
Volume 13 Issue 03
1
Commercial Real Estate & Business Opportunities
Featuring the best selection in industrial, commercial and investment opportunities READ BY OVER 100,000 BUSINESS READERS!
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Volume 13 Issue 03
Commercial Real Estate & Business Opportunities
special features 12 IN THE NEWS — Canadian commercial real estate market performs despite turbulent international backdrop 22 BUSINESS BAROMETER — Small business confidence gets stronger in February
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40 IN THE NEWS — Square One Shopping Centre commences $84 million redevelopment project 44 IN THE NEWS — Family businesses continue to thrive, but where’s the talent? 54 IN THE NEWS — Small business welcomes fixes to unfair credit card practices 56 IN THE NEWS — Ontario business confidence index shows businesses plan to expand, but are unsure about future of Ontario economy 60 IN THE NEWS — Calling Canada’s young entrepreneurs to compete for $100,000 Grand Prize
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68 IN THE NEWS — Oshawa Centre to enter into new era of shopping Glossy Section Editorial 16G IN THE NEWS — Strong performance in Canadian real estate continues 22G IN THE NEWS — CFIB offers help for small firms adjusting to end of penny
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Volume 13 Issue 03
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
KITCHENER, WATERLOO & GUELPH SECTION COVERING: $BNCSJEHF t %VSIBN t &MPSB t 'FSHVT t (VFMQI t ,JUDIFOFS t 8BUFSMPP For advertising information contact Doreen Wills Tel: t EPSFFO XJMMT!XBMM XBMMNFEJB DPN t UIFDPNNFSDJBMJOWFTUPS!XBMM XBMMNFEJB DPN Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
519-745-7000
Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9
Mike Milovick B.B.A., Sales Representative
CI@TeamMilovick.com
fax: 519-489-1333
8302191_0913
Grand Valley Realty BROKERAGE INDEPENDENTLY OWNED AND OPERATED
Royal LePage
www.TeamMilovick.com
Invest in Ontario’s Number 1 Town Today!
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick Outstanding multi-unit redevelopment opportunity steps to WLU! Be one of the first developers to work with The City to create a New Vision for Northdale! Smart buyer will note long term potential for property with recent zoning change! Site for multi-residential development on Albert Street. Minimum lot size and frontage for development met with new Northdale Zoning with this assembly. Lots of option$$$$! Tremendous upswing. Don’t wait! MLS®. 0913_DJW_1_0007
1,233,000
$
DUPLEX SECONDS TO WLU
STEPS FROM WLU! Exceptional offering boasting income of over $79,000 gross annual income! This well maintained, 15 student triplex featuring a $ 1,050,000 purpose built addition has generously sized bedrooms and coomon space and is located just steps to WLU. Located in investor-desirable Northdale, this property’s zoning features one of the highest density zoning currenty available in The City. Why not enjoy better than average yield today - and years to come while warehousing this property for land re-development in the future? Download floorplan of building at www.teammilovick.com MLS®
Wow! Stunning, rare duplex steps from WLU and walking distance to UW offers $59,000+ gross $ annual income. Purpose 765,000 built addition constructed in 2008! Location most investors only dream about and only select few have privilege of owning. Superb Northdale offering that is right in middle of “Golden Zone.” Heavy cash flow, generous return on investment. Enjoy investment security by buying in one of the best areas in The City, in one of the perennially Best Cities in Ontario to invest in! Supplemental pics at www.teammilovic.com MLS® 0913_DJW_2_0028
0913_DJW_2_0029
“CLASSIC” STUDENT RENTAL INVESTMENT! This Class D rental licensed home features over 2300+ SF of early $ 20th Century char450,000 acter: original wood work, beamed cieling and generous amounts of intricate hardwood flooring. Oversized bedrooms. Loft common area. Two porches and a great balcony! Newer Viesmann Boiler. Centrally located in Uptown Waterloo close to all amenities that support student life! Always rents strong! $37,800 Gross Annual Income! MLS® 0913_DJW_0028
ATTENTION INVESTORS!
Send your kid to University and actually make $$$$! Legal for your student plus seven friends! Or works well $ 440,000 for investor seeking above average yield. Could also work for owner getting a real head start in life with mortgage helper income! Desirable 5 bed and 3 bed format that students love is legal and rental licensed by City. Some newer windows, appliances, furnace. Main floor ceramics. Clean opportunity at a great price per bedroom means strong potential positive cash flow. MLS® 0913_DJW_0101
TURN KEY
C o m p e l l i n g opportunity to own a turn key investment in the inspiring Bridgeport $ Lofts development! 244,900 The uber, authentic loft and oversized bedrooms caters to the most discerning student! Students love three bedroom units. Leases in place until end of April, 2013! Complex features media room, laundry facillity and bike room. One parking spot is included! Only a short walk to downtown bars and WLU! Leases already in place to end of April, 2013! Do not miss out! MLS® 0913_DJW_1_0044
Rental licensed (A-4) opportunity available in 100% rental condo complex. Rare, oversized end unit - very few townhomes in this complex feature three $ 219,900 second floor bedrooms! $1420 monthly gross income. Ideal for entry level investor or home-away-from home for university bound child! Opportunity to increase income significantly on re-rental. Rented until end of August, 2013. Recent ESA inspection. Property shows very clean. Ideal offering within walking distance to both universities and on bus route. Across the street from student desirables: beer, pizza and coffee. MLS® 0913_DJW_0030
MANY OPTION$$$ AVAILABLE HERE
Student income, regular residential tenancy, home with mortgage $ helper. Rare offering 560,000 desirable Mary-Allen neighbourhood,s teps to City Hall and Uptown’s abundant amenities. Spacious home allows new owner to take home in many directions. Walk Score of 88 means this property is close to everything! Opportunity to increase current rents. Property in process of being City Rental-Licensed approved and will show as two units - a five bedroom and a four bedroom. Opportunity knocks. Will you answer? MLS® 0913_DJW_0029
STEPS TO HEASLEY PARK AND UW SCIENCE AND TECH PARK
This two unit home features desirable 3 and 2 bedroom layouts. ESA and HVAC Certificates available! Newer furnace! Rental licensed approved! Ideal for parent seeking home away from home for their university-bound child, compelling for investor seeking fereehold investment ownership at a nice price or prefect for young family looking to get ahead in life with tenants helping with mortgage! MLS®0913_DJW_0027
299,900
$
Great condo in well managed complex close to the amenities that students love! Currently rented with one room having double occupancy. Opportunity to increase occupancy when licensed. $ Currently rented for 174,000 $1200/month (gross) until the end of April 2013! Perfect for a handsoff investor, or a parent looking for quality safe housing. MLS® 0913_DJW_1_0010
Please say you saw it in The Commercial Investor
Kitchener/Waterloo Guelph & Cambridge
Volume 13 Issue 03
6
Volume 13 Issue 03
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
Whitney & Company Realty Ltd., Brokerage
INVESTMENT OPPORTUNITIES 79-91 WESTMOUNT RD, WATERLOO
r 16 unit complex (64 bedrooms) r Directly across from Waterloo University r New Price $4,416,000 r Call for further information
101-113 WESTMOUNT RD. WATERLOO
MLS 0513_DJW_1_0019
112-118 UNION ST. E. WATERLOO
r Potential to build 10 tri-plexes r BDSFT r ;POFE .3 r
MLS
r 21 unit walk-up apartment building r POF CFESPPN BOE UXP CFESPPN VOJUT r On site surface parking, close to amenities
0913_DJW_0049
MLS 0513_DJW_1_0025
89-103 MAIN STREET, CAMBRIDGE
r 6Q UP TR GU PGÃ DF TQBDF GPS MFBTF r "WBJMBCMF +VMZ r TR GU OFU r #VJMEJOH BMTP BWBJMBCMF GPS TBMF
MLS 0913_DJW_0105
r Well maintained 40 unit walk-up r Fully occupied r New boiler system 2011 r $2,700,000
581 STRASSBURG ROAD, KITCHENER
60 CENTREVILLE STREET, KITCHENER
r VOJU UPXOIPVTF DPNQMFY r "MM CFESPPN VOJUT r 4JUVBUFE PO BDSFT r
r 16 unit complex (64 bedroom) r %JSFDUMZ BDSPTT GSPN 8BUFSMPP 6OJWFSTJUZ r /FX 1SJDF r $BMM GPS GVSUIFS JOGPSNBUJPO
351 ELM ST. ST. THOMAS
MLS 0513_DJW_3_0028
MLS 0513_DJW_3_0021
343 MILL STREET, KITCHENER
r VOJU BQBSUNFOU CVJMEJOH r .BUVSF PG CFESPPN TVJUFT r 3FDFOU DBQJUBM JNQSPWFNFOUT 0513_DJW_1_0023
0513_DJW_1_0024
35 KING ST. N. WATERLOO
150 KING ST. S., WATERLOO
r 6Q UP TR GU JO QSFTUJHJPVT PGÃ DF CVJMEJOH r Exposed brick/beam, hardwood floors r Onsite parking, close to amenities MLS r -FBTF GSPN QFS TR GU 0513_DJW_0036
r 3FEFWFMPQNFOU 0QQPSUVOJUZ 5P #VJME r TUPSJFT SFTJEFOUJBM DPNNFSDJBM VOJUT r Concept plan available MLS r 0513_DJW_2_0027
105 OAK PARK DRIVE, WATERLOO
305 KING ST. W., KITCHENER
r UP TR GU PGÃ DF SFUBJM r /FX CVJMEJOH 0DDVQBODZ "QSJM r Patio space available with end units r TR GU OFU
MLS 0513_DJW_3_0029
r 0GÃ D TVJUFT GSPN UP TR GU r 3FDFOUMZ SFOPWBUFE r Underground/surface/off-site parking r 'SPN TR GU OFU
MLS 0513_DJW_1_0030
8157182_0913
John Markou, Sales Representative john.markou@whitneyre.com Ext 242
Christopher Coupal, Broker, CCIM christopher.coupal@whitneyre.com Ext 238
519-746-6300
James Craig, Sales Representative james.craig@whitneyre.com Ext 259 Although the information contained within is from sources believed to be reliable no warranty or representation is made to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Whitney & Company Realty Ltd., Brokerage.
Please say you saw it in The Commercial Investor
Volume 13 Issue 03
7 Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
Whitney & Company Realty Ltd., Brokerage
LEASING OPPORTUNITIES 0913_DJW_1_5000
r (SFBU PQFO DPODFQU OE áPPS PGGJDF TQBDF r 0XO QSJWBUF FOUSBODF r -PDBUFE JO IFBSU PG VQUPXO 8BUFSMPP r QTG OFU MLS
r TR GU PGGJDF JO EPXOUPXO ,JUDIFOFS r WFIJDMF QBSLJOH B SBSF PQQPSUVOJUZ r *EFBM GPS IJHI UFDI TUVEJP QSPG TFSWJDFT r 0OMZ QFS NPOUI JODMVEF VUJMJUJFT MLS
r PS TR GU SFUBJM PGGJDF r $POWFOJFOU MPDBUJPO DMPTF UP &YQSFTTXBZ r "NQMF POTJUF QBSLJOH r "TLJOH QFS TR GU OFU MLS
150 WISSLER RD #1, WATERLOO
0913_DJW_2_0035
0913_DJW_0035
18 SNYDER’S RD. W., BADEN
0913_DJW_2_0042
4396 KING ST. E. KITCHENER
569 LANCASTER ST. W., KITCHENER 0913_DJW_3_0033
74 QUEEN ST. N., KITCHENER 0913_DJW_2_0032
92 KING ST. S. WATERLOO
r TR GU SFUBJM PGGJDF BWBJMBCMF JNNFEJBUFMZ r 1MB[B JT MPDBUFE PO IJHI USBGGJD DPSOFS r +PJO 5JN )PSUPO T "VEJP 4VCXBZ FUD r "TLJOH QFS TR GU OFU MLS
r UP TR GU SFUBJM PGGJDF JO CVTZ QMB[B r (SFBU MPDBUJPO JO DFOUSF PG #BEFO r "NQMF PO TJUF TVSGBDF QBSLJOH r "TLJOH QFS TR GU OFU MLS
10866683_0913
James Craig, Sales Representative james.craig@whitneyre.com Ext 259
r )JHI QSPàMF TR GU DPSOFS VOJU r 4VJUBCMF GPS PGGJDF SFUBJM SFTUBVSBOU r "NQMF PO TJUF QBSLJOH r -FBTF QFS TR GU OFU
Matthew Dickson, Sales Representative matthew.dickson@whitneyre.com Ext 261
MLS
519-746-6300
Although the information contained within is from sources believed to be reliable, no warranty or representation is made to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Whitney & Company Realty Ltd., Brokerage.
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
Kitchener/Waterloo Guelph & Cambridge 8331512_0913
Please say you saw it in The Commercial Investor
Volume 13 Issue 03
9
Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
508 Riverbend Drive Kitchener, ON, N2K 3S2 Phone: 519-743-5211
OFFICE/RETAIL FOR LEASE 1,587 SF, $20.00/SF MLS# 1142056, Kitchener Equipment included in lease rate. Great tenant support. High traffic location with ample on-site parking. Lester Tobin*
2,889 SF, $1,850/ MONTH MLS# 1224313, Cambridge Open Office/ Commercial concept. Located minutes south of Hwy 410. Ample on-site parking. Lester Tobin* Up to 300,000 SF/ $18.00/SF EXCLUSIVE, Waterloo Build to suit. Close proximity to many amenities. Excellent access to Hwy 85 Peter Benninger** 4,039 SF, $12.95/ SF MLS# 122079, Waterloo Prominent building signage opportunity. High traffic intersection sees over 33,000 cars daily. Colin Vogel*/ Peter Benninger**
OFFICE/RETAIL FOR SALE 1,260 SF, $349,000 EXCLUSIVE, Kitchener Excellent location—car lot & sales. Two bay garage plus office. Nice lot. Good traffic exposure. Lester Tobin* 11,687 SF, $625,000 EXCLUSIVE, Elmira Signature office space at prominent intersection in core commercial district. Peter Benninger**
MEDICAL/PROFESSIONAL OFFICE
8.072 SF, $849,000
BUILDING
MLS# 1212194, Kitchener
9,294 SF, $1,950,000 EXCLUSIVE, Kitchener Well maintained office building on 0.84 acres. 92% rented. Ample free on-site parking. 7% CAP rate Lester Tobin*
Free standing industrial building for owner or fully rented investment property. Tenants are month to month Lester Tobin* 7,740 SF, $1,500,000
VARIETY STORE WITH PROPERTY 3,815 SF, $949,000 MLS# 1211456, Heidelberg
Well established business for over 20 years. Free standing building. Corner lot. High sales. High traffic. Gary Boudreau*
MLS# 1218127, Orangeville 40’ x 100’ Drive thru bay doors at either end. 4.16 Acre lot, compounded yard, outdoor storage allowed.
INDUSTRIAL/WAREHOUSE FOR LEASE�
John Hoffman*
LAND FOR SALE 2 Acres, $540,000 MLS# 1144687, Kitchener
3,931 SF, $2.50/SF
Corner of Trillium & Huron with excellent access to Hwy 7/8 and Hwy 401. Many uses permitted. Peter Benninger**
MLS# 1118194, Kitchener
REDEVELOPMENT OPPORTUNITY!
Great clean 9-10 ft ceiling. All dry walled. Storage for documents., distribution company, etc. John Hoffman* 2,306 SF, $5.50/SF
12.09 Acres, $7,950,000 EXCLUSIVE, Kitchener
Over 1400’ frontage on major arterial road in an established urban environment. Colin Vogel*
MLS# 1214032, Kitchener One drive– in door. Small reception area. One finished office with small Mez. Very clean space. John Hoffman*
INDUSTRIAL/WAREHOUSE FOR SALE
DEVELOPMENT LAND 10.87 acres, $3.600,000 MLS# 1047293, Brantford
Prime development opportunity at high traffic, high visibility intersection. C10-4 zoning allows for a wide range of uses. Colin Vogel* INDUSTRIAL DEVELOPMENT LAND
5,152 SF, $599,000 MLS# 1214696, Kitchener
Two smaller industrial buildings (4,000 SF & 1,152 SF) Very suitable for automotive repair with 3 current tenants.
5.5 Acres, $434,500 MLS# 1137617, North Dumfries Twp.
4.3 Useable acres overlooking Hwy 401.
R. Blake. Hull*
www.coldwellbankerpbr.com/commercial�
Lester Tobin*
* Sales RepresentaƟve ** Broker of Record
8171433_0913
Please say you saw it in The Commercial Investor
10
Volume 13 Issue 03
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
508 Riverbend Drive Kitchener, ON, N2K 3S2 Phone: 519-743-5211
LAND FOR SALE
28.59 Acres (approx.) $20,500,000 EXCLUSIVE, North Dumfries
66.58 Acres, $2,200,000 EXCLUSIVE, Cambridge Under consideration to change OP designation to industrial. 25.22 acres, $995,000
Peter Benninger**
Industrial development parcel available immediately. Zoned (H) M3. Peter Benninger** HIGHWAY COMMERCIAL LAND 1.43 Acres, $549,000 MLS# 1144743, Highway # 7
Located between Kitchener and Stratford. Highway commercial zoning. Lester Tobin* COMMERCIAL DEVELOPMENT LAND
4.49 Acres, $1,995,000 EXCLUSIVE, Kitchener
Highly visible, high traffic site. Central to existing retail & proposed employment lands. Peter Benninger** 80’ x 181’ LOT ON HESPELER ROAD $585,000 OR $3,500 PER MONTH NET EXCLUSIVE, Cambridge
Very rare to find a lot of this size on Hespeler Rd. Former car lot. Can be John Hoffman* redeveloped
INVESTMENT FOR SALE
Investment property with one unit available for user or lease. Retail and residential mix. Lester Tobin* BUSINESS FOR SALE RETAIL/RESTAURANT PROPERTY INCLUDING BUSINESS
13,000 SF on 1.01 Acres, $1,950,000 MLS# 1128315, Woodstock Freestanding solid brick building on 1 acre lot in Woodstock’s newest retail node. Currently operating as a restaurant /bar with patio. Liquor license for 312 Lester Tobin*
FOOD OUTLET AND DELI 3,901 SF, $649,000 EXCLUSIVE, Waterloo Region Celebrating 25 years. Sale of frozen food, fresh meat, produce, finger foods and much more. High Profile Location, provincially Licensed. Lester Tobin* RESTAURANT WITH PROPERTY 1,900 SF on 1.43 Acres , $549,000 MLS# 1144743, Highway #7 Freestanding, 97 seat restaurant on a high traffic commercial lot. Lester Tobin*
7,222 SF, $639,000 MLS# 1134251, Kitchener Investment property. Great potential return on investment. One retail unit (available for rent or owner user) Plus one 3-bed and three 2-bed apartments. Lester Tobin*
** Broker of Record
16,164 SF, $995,000 MLS# 1144108, Cambridge
EXCLUSIVE, Cambridge
* Sales RepresentaƟve
3 buildings, 281,864 total sq.ft. Industrial investment opportunity in 97/401 business park Fully occupied, long term leases. Peter Benninger**
MULTI-FAMILY FOR SALE
6-PLEX, $659,000
MLS# 1214873, Kitchener Well maintained 6-plex in desirable Forest Hill neighbourhood. Oversized units, some with balconies.5-2Bdrm units, 1-1bdrm unit; separately metered for hydro. Mike Flynn 41 Units/205 Beds, $18,199,000 MLS# 1137499, Waterloo Brand new 41 unit 205 bedroom ICF investment property located very close to UW and WLU. Property features a 7% CAP rate, private bathrooms for each bedroom , oversized bedrooms, elevators, common rooms and LEED quality construction. Eric Reiner* For Commercial Real Estate Solutions in Canada's Technology Triangle, contact any one of our sales representatives, or call 519-743-5211. SALES REPRESENTATIVES: Gary Boudreau, ext 3029 Mike Flynn, ext 3037 Roman Ginzburg, ext 3103 John Hoffman, ext. 3040 Mark Hopkins, ext. 3020 R. Blake Hull, ext 3032 Shawn Quilty, ext 3106 Eric Reiner, ext 2099 Lester Tobin, ext. 3023 Colin Vogel, ext 3110 BROKER OF RECORD: Peter Benninger, ext. 3000
62 SEAT RESTAURANT 1,800 SF, $149,000 MLS# 1124086, Waterloo
Proudly Serving
Established for over 25 Years. Great location. Liquor License Lester Tobin*
www.coldwellbankerpbr.com/commercial�
8331507_0913
Please say you saw it in The Commercial Investor
Volume 13 Issue 03
11
Commercial Real Estate & Business Opportunities
Office 519-767-2392 t Cell 519-820-6571
1-800-461-9416 Email DouglasRielly@gmail.com
8305540_0913
Toll Free
Kitchener/Waterloo Guelph & Cambridge
Empire Real Estate Service Ltd., Brokerage Douglas Rielly Broker of Record
www.trailerparksforsale.ca
MUSKOKA FAMILY CAMPGROUND This park is located less than 2 hours north of the GTA on 90 acres of beautifully treed property and on a high traffic highway. Currently it has 250 sites and can be expanded by another 125. There is a large swimming pool, rec. hall, newer house for the owner or manager to live in, a store and reception area and several rental cabins. Most of the sites are rented to seasonal campers with a few retained for USE by overnighters. All water, hydro and septic systems are in excellent condition and this park is a money maker with very strong upside potential. SOUTHWESTERN ONTARIO Formerly a ski club, this park sits on 40 acres of gently rolling, nicely treed land with a couple of the old ski runs still in place. There is a very large rec hall with 2 woodburning fireplaces, dance area and a fully equipped kitchen. There are 77 sites, swimming pool and a 12 yr. old home for the owner. Many of the sites are rented yearly to snowbirds. There is room to expand with approvals from the municipality. New septic system 2012 with all approvals and water system meets current legislation. A nice easy to run park with potential. TRAILER PARKS MAKE GREAT INVESTMENTS WITH STRONG CASH FLOW! Open only 6 months a year they afford owners plenty of time off in the winter.
The Cliff Rego Diamond Award Winning Team: t 1 M B D F E 5P Q J O $ B O B E B t 5 P Q J O U I F X P S M E G P S 3 & . " 9 t 4BMFT PWFS .JMMJPO JO BOE DPNCJOFE
Cliff Rego
*RE/MAX International Statistics 2012 **For markets with population of 50,000 to 150,000
Broker
519.740.7222
Rick Wyatt
Sales Representative
Real Estate Centre Inc. Brokerage
519.623.6200
Each office independently Owned and Operated
0913_DJW_0066
$649,900 Exceptional investment/owner-use opportunity. Investment income plus vacant space for owner business. Income from 1 commercial tenant plus 3 residential tenants = $72,360/yr. Extensive upgrades/renos - very attractive building. Loads of parking. Great traffic exposure. Convenient area for customers/clients. Convenient area for tenancies. MLS® 1390797 0913_DJW_0064 0913_DJW_0065
$8.00/SQ FT
$5.00/SQ. FT.
High visibility - extensive traffic exposure. Quick & easy access to major roadways. Zoning permits office, warehouse, wholesale, vehicle sales & service, etc. MLS® 1390842
0913_DJW_1_0445
0913_DJW_1_0068
0913_DJW_2_0003
$12.90/SQ FT
Super traffic exposure. Loads of parking. Bright store front window. Lighted sign box and large pylon sign. Easy rear loading access. Immediate occupancy. MLS® 1390325.
Extensive pedestrian and auto exposure. Lots of off-street pkg. Lg meeting room, storage areas. Washrooms inside tenant space. Handicapped access. Convenient area. Well designed layout. MLS® 1295897
11269765_0913
Please say you saw it in The Commercial Investor
$5.95/SQ FT
Extensive vehicle & pedestrian exposure. Substantial rear parking. Seller will alter to suit. Great retail/professional/ medical/office opportunity. MLS® 1295908
12 inthenews
Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
Canadian commercial real estate market performs despite turbulent international backdrop Morguard Corporation (TSX: MRC) (“Morguard”) released its 2013 Canadian Economic Outlook and Market Fundamentals Research Report at www.morguard.com and predicts a repeat of 2012,the second most active real estate investment year on record, with favourable returns for investors in the Canadian commercial real estate market. “We anticipate strong interest in Canadian real estate from a broad cross section of investors in 2013, with the REIT sector dominating transactions,” said Keith Reading, director of Research at Morguard.“Canadian property values will remain at the peak, given access to low cost capital and attractive yields.” Annual investment capital flow into the Canadian real estate sector is predicted to be close to CDN$30 Billion in 2013. This is a slight dip from the previous cyclical high of CDN$32.1 Billion in 2007, but above the long term average of CDN$19.3 Billion. 2013 Real Estate Investment Trends to Watch in Canada Solid fundamentals will continue to characterize Canada’s real estate market despite a turbulent backdrop of uncertainty in international economies and financial markets. Property values will continue to range at the cycle peak supported by robust investment demand, low interest rates, and historically low long-term bond yields. Income performance strength will remain a fixture over the near term as rental markets in all sectors post strong occupancy characteristics, positive demand trends, and modest increases in rental rates.
Robust purchasing activity in the investment sector will continue to feature a significant REIT sector component, however pension funds and private capital will remain active. Conservative construction volume in the office and industrial sectors over 2013 will ensure rental market conditions improve however, as 2013 ends risk levels will rise with the increase in office development in Vancouver, Toronto and Calgary. The arrival of U.S. retailer Target will continue to impact the retail sector, as the discounting sector adjusts to new competition. The broader retail sector will also govern itself in light of technological and overall shopping behavior changes. The multi-family residential real estate sector will be the market’s most stable sector, with occupancy ranging at or above the 98.0 per cent mark nationally in 2013, given healthy demand supported by demographic trends. Real Estate Investment Overview In 2012, the Canadian real estate investment market registered strong results across all sectors and jurisdictions, in the face of continued uncertainty outside of the nation’s borders and a slowing trend in the domestic economy. This year, the Canadian real estate market will be forced to continue to contend with the ongoing uncertainty and sluggish results in Europe. At the same time, it will benefit from increased stability in the U.S. economy, assuming the negative impacts of the “fiscal cliff” are negligible at worst. Canada’s economy will likely generate moderately healthy expansion, due to a less than firm global growth trend. Consequently, business cycle dependent sectors, like office and industrial, will experience somewhat muted demand. On a national scale however, commercial real estate fundamentals are expected to continue to stabilize. Consequently, investors will continue to allocate funds to Canada’s real estate sector, in an effort to attain satisfactory yields in a market that will continue to be characterized by stability and moderate growth. Owners of Canadian commercial real estate benefited from positive investment market fundamentals over 2012, a trend that is expected to continue in 2013. Volatility in the broader investment market will continue to place real estate in a favoured position for investors. Property values, on the rise for much of the past few years, will test their current peaks. Rising occupancy levels and stable and positive income performance have also benefited investors. Demand will continue to outpace the supply of assets for sale, which will produce strong real estate capital flow in 2013. This will translate into added pressure on what has already been peak pricing for the cycle. Transaction volume will continue to range above the long-term average in 2013, as investors chase yield in a low interest rate environment. The strength of return performances over 2012, which will continue into 2013, will drive robust bidding activity on available asset offerings. In short, Canada’s owners of commercial real estate will continue to reap the rewards of strong fundamentals in the coming year, which will draw increased investment from both existing and new entries to the market. Continued on Page 14
Please say you saw it in The Commercial Investor
Volume 13 Issue 03
Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SOUTHWESTERN ONTARIO SECTION
COVERING: #SBOUGPSE t $IBUIBN t *OHFSTPMM t -POEPO t 4BSOJB t 4JNDPF t 4USBUGPSE 4U 5IPNBT t 5JMMTPOCVSH t 8JOETPS t 8PPETUPDL For advertising information contact Doreen Wills Tel: t EPSFFO XJMMT!XBMM XBMMNFEJB DPN t UIFDPNNFSDJBMJOWFTUPS!XBMM XBMMNFEJB DPN Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
Continued from Page 12
Office
Retail
Southwest Ontario
The Canadian office sector is poised for continued strength and stability in 2013, having racked up another year of positive results in 2012. Returns settled in the midteens on an annualized basis in 2012. Next year, slightly less robust results are expected, though they will remain attractive nonetheless. Occupancy levels will remain strong in 2013, in particular for the nation’s leading Central Business Districts. At the same time, landlords will continue to achieve rental growth, despite more modest space demand trends. Toward the end of 2013, the first of a number of new developments in market’s like Vancouver and Toronto will be delivered to market. This will put pressure on the market, however, the expectation is for business activity to pick up and offset much of the associated leasing risk. Much of the next 12 months will see a continuation of many of the positive trends observed over 2012, which will act as a driver of healthy investor interest and performance for parties with assets in the sector. Industrial
Canada’s ever-changing and healthy retail fundamentals will be on display once again in 2013 and beyond. Occupancy levels will remain strong, in particular for the country’s best regional centres and nodes. Strong interest being shown by U.S. retailers in our nation will translate into positive demand trends. A broadly positive 2013 economic outlook will furnish consumers with the wherewithal to continue to spend, thereby driving the ongoing health of the sector. Record high debt levels will curtail spending activity, but not to a point where it will materially impact the market. The broadly positive rental market outlook will boost investment performance, which will continue to elevate the sector to the top of the investment food chain. As such, pricing will remain at the peak, with strong demand from all purchaser groups. The Canadian retail sector will exhibit continued resilience in 2013, in keeping with recent performances. Multi-Family Residential The multi-family residential rental sector will see largely stable and healthy performances in the coming year, as was the case through all of 2012. Steady growth in property values over the past few years may ease in 2013, however values will continue to range at the peak. The strength of the sector will be fuelled by strong demand drivers and constrained supply characteristics. Negligible new construction will also act as a booster of generally tight conditions in the rental market, as occupancy hovers close to the 98.0 per cent mark nationally. Rents will continue to rise, capped
Moderately positive trends are forecast for Canada’s industrial sector in 2013, with the expectation of outperformance in Western Canada. Economic expansion of 2.0 per cent or less will produce a slow recovery pace in leasing markets. Resource related companies will continue to drive above-average results in Western Canada, while a less robust improvement in Eastern markets is likely. National occupancy will see little change, ranging between 150 and 200 bps above the year end market of 6.3 per cent. Consequently, rents will see only slight increases in most jurisdictions, resting below 2008 levels. Positive demand characteristics will prevail for much for the next year, a less than robust recovery in the U.S. will dampen export related activity. Development will remain below the long term average, though up from the previous few years. Speculative activity will surge in markets like Calgary and Edmonton, with most other markets registering mostly buildto-suit projects. The investment sector will feature continued strength, which will include attractive returns, healthy demand, and limited availability of assets for sale. Pricing is expected to remain at the cycle peak, with the possibility of modest increases. In short, the outlook for 2013 is one of gradual improvement, with most indicators pointing in a positive direction.
to some degree by markets with rental control legislation. Increased availability of condominium units for rent will have only modest impact on the sector, as the sale market slowly stabilizes in the second half of 2013. Investment demand will remain healthy, given broadly attractive return expectations. Healthy immigration volume and an aging population will ensure stable rental demand. Indeed, the sector’s trademark stability and moderate growth will continue to characterize the market in 2013. Morguard’s 2013 Canadian Economic Outlook and Market Fundamental Research Report summarizes economic, demographic and capital market influences, major trends and forecasts for each major commercial real estate property class, both at the national and metropolitan level. The Report provides investors with information and data required to develop investment strategies for 2013 and beyond. You can download the Report at www.morguard.com.
Morguard (TSX: MRC) is an expert in North American real estate ownership, investment and management. With a strategic focus on high-quality assets and diversification, Morguard has a proven track record of realizing the potential of real estate through consistent investment performance. Morguard has more than $12 Billion of assets owned and under management. The integrated real estate services company manages its own real estate portfolio, as well as invests and manages on behalf of third-party institutional and private real estate investors. Morguard offers integrated real estate services, including investment management, asset management and property management. Morguard Corporation owns a 42.8 per cent interest in Morguard Real Estate Investment Trust (TSX: MRT.UN) and a 56.8 per cent effective interest in the Morguard North American Residential Real Estate Investment Trust (TSX: MRG.UN). SOURCE: Morguard Corporation
Please say you saw it in The Commercial Investor
Volume 13 Issue 03
15
Commercial Real Estate & Business Opportunities
RON BROWN PORT ELGIN, ON
SALES REPRESENTATIVE
519-389-4344 Email: r.e.brown@bmts.com | Cell: 519-706-0125
0913_DJW_0051
Southwest Ontario
PORT ELGIN INVESTMENT OPPORTUNITY
0913_DJW_0050
Six 2-bedroom year round cottages on a 132’ x 126’ lot. Cottages have been extensively renovated in the past few years and are in a great location just a short walk to beautiful sand beach and harbor. Presently fully rented on a month to month basis. Potential for weekly summer rentals. Appraised in 2012 for $713,000. Listed for $520,000. 11272209_0913
11271753_0913
11272221_0913
Costa Poulopoulos, Broker of Record
REALTY EXECUTIVES ELITE LTD. BROKERAGE
Mike VanderVloet,
Independently Owned & Operated 519 York St., London, ON
Sales Representative
519-649-6900
www.realtyexecutiveselite.ca
COMMERCIAL DEVELOPMENT POTENTIAL 715011 & 715013 Bonds Corner Road, Woodstock Ontario Adjacent to Toyota Plant, Just off Hwy 401 10,000 Sq ft (approx) + 2nd Freestanding Residential Dwelling - 2.87 Acres
C4-34 Zoning (allowing for a variety of uses) Prime Commercial property up for grabs in fantastic location just off the 401 in Woodstock across from Toyota. Currently approx. 10,000 sq ft of commercial space. This site currently holds a large warehouse used to run a successful autcion business. Parking for approx. 50 cars plus, 2 offices, 3 washrooms, 3 gas furnaces, 3 septic beds, drilled well, 2 overhead doors/loading docks, approx 10 ft high ceilings. There is a red brick converted school house on the property also. Water & sewer services are on the property line. This amazing property is zoned C4-34 which includes a wide variety of commercial uses, such as ambulance depot, auction establishment, automobile service station, boat, motorcycle, motor home, snowmobile, travel trailer sales establishment, farm implement dealer, hotel or motel, tire sales established, veterinarians clinic & more. Buildings are in great shape, use what is here or start over. Either way this piece of property is without a doubt a fantastic value. 0913_DJW_0031
Please say you saw it in The Commercial Investor
0913_DJW_0032
0913_DJW_0033
16
Volume 13 Issue 03
Commercial Real Estate & Business Opportunities
9992168_0913
Sales Representative
Southwest Ontario
Office: 519-797-5500 | Cell: 519-270-3055 e-mail: donamy@bmts.com www.southamptonhomes.ca
Southampton
P R I M E R E TA I L L O C AT I O N $ 4 9 9 , 9 0 0 1 7 0 H I G H S T R E E T, S O U T H A M P T O N 8,500 sq. ft. building with two large rental apartments and 4000 sq. ft. of retail space. Prime location in the centre of the main shopping block in Southampton. Full, dry basement for storage. Located in a century building with more recent additions to the majority of the building, it www.downspro.ca has been an active hardware store for decades. As one of the most service oriented businesses in Bruce County, this Pro Hardware operation is a gem. The customer base consists of consumers, businesses and tourists, all of whom love the old-fashioned flavour of this establishment. And, it’s more than hardware with an extensive line of kitchen ware and beach products. The business and chattels can be purchased for $129,000. 0913_DJW_1_0033
PRIME CORNER COMMERCIAL $549,000 5094 HWY 21, PORT ELGIN
FA S T F O O D $ 3 2 5 , 9 0 0 1 7 A L B E RT S T. N . , S O U T H A M P T O N
www.chipsahoy.org
Well established, high visibility location on Hwy #21 in Southampton. Turnkey, no franchise fees, no royalties & owner will train. Well maintained building in excellent condition. Indoor seating for 24, plus outdoor patio with take-out window. Vendor financing available. Price includes building & chattels. 0913_DJW_1_0404
STEPS TO BEACH $349,900 MORPETH & GROSVENOR
Desirable corner lot w/high traffic, high visibility, close to Wal Mart & Canadian Tire. Environmental Assessment Phase 3 available. Ideal location for commercial venture requiring high traffic flow. Full municipal services available. Boundary survey available. MLS 411044000122400.
Zoned R3 - Residential Development 0.98 acre, ideally suited for town homes or semi’s. Located in the heart of Southampton just 2 blocks to downtown & sand beaches of Lake Huron. Level lot & survey available. Municipal easement to the East side of the lot. MLS 2011127129.
0913_DJW_2_0043
0913_DJW_1_0402
George Gicopoulos
Sales Representative
Royal LePage Triland Realty, Brokerage*
0513_DJW_1_0151
Ideal situation here for Restaurateur. Main floor fully equipped and ready to go. Recently renovated restaurant w/two apartments above in the middle of Ingersoll. For Sale or Lease.
0513_DJW_0025
8155109_0913
WOODSTOCK PROPERTY FOR SALE OR LEASE - $1,200,000
BBQ SPECIALTY RESTAURANT - $425,000 Great business establised for many years in the heart of Kitchener Sportsworld. 3500 sq. ft. Free standing building with plenty of paved parking. Long term lease contains option on property. Call George for details.
0513_DJW_0026
LONDON RESTAURANT BUSINESS - $495,000
K-W GEM RESTAURANT/LOUNGE/BILLIARDS $750,000
Great business and unbelievable profits. A-1 condition with favourable long term lease. 5,000 sq. ft. pub/billiards restaurant with 5,000 sq. ft. banquet hall in lower level. Call George for complete details.
*Independently Owned and Operated
0513_DJW_0027
Very popular Restaurant with locals and travelers alike. Offering Southern United States smoked specialties in a "Contemporary Lodge Setting" with over 225 seats inside plus 80 seats on the patio. Good condition and profitable operation. Call George for details.
Approx 10,000 sq. ft. on main floor + approx 2,000 sq. ft on second floor. Free-standing building previously used as Restaurant/Bar/ Banquet Hall with most equipment in place. Over 80 parking spaces located next to Walmart, Canadian Tire, Home Depot and many other retailers of a Power Centre. Presently closed. Owner will consider leasing with option to buy. Change of use to office, retail, medical etc. possible. Call George for details. 0513_DJW_0028
COMMERCIAL RESIDENTIAL WITH FULLY EQUIPPED RESTAURANT
0513_DJW_2_0038
Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepagecommercial.com www.georgegicopoulos.com www.royallepagecommercial.com
Please say you saw it in The Commercial Investor
FISH AND CHIPS RESTAURANT W/ PROPERTY - $495,000
Fish & Chips Restaurant with property that includes 2 buildings with 5 self contained apartments plus Restaurant. Closed Sundays. Business operated successfully in this location for over 40 years. 7 a.m. to 7 p.m. Closed Sunday's and holidays. V.T.B. possible. Call George for details.
Volume 13 Issue 03
17
Reid Dundas, Broker
&Maggie Whitcroft,
Sales Representative Located in St. Marys – 15 minutes South of Stratford, 20 minutes Northeast of London
NEW LISTING - INVESTMENT PROPERTY
$475,000
This large, completely renovated downtown property shows excellent return and is ready for the next owner. There are 2 commercial and 4 residential units. It is located in the heart of St. Marys, thriving with many festivals and opportunities. MLS 711889. 0513_DJW_0089 0513_DJW_0090
This site offers 8.8 acres of prime development land located across from the St. Marys Golf Course and one block from ‘The Independent Grocery Store’. It is zoned Highway Commercial which allows for many uses. MLS 699641. 0513_DJW_1_0003
13 year old building on 1.5 acres designed for many uses. Located minutes to Hwy 7 and 1/2 hour to Hwy 401. Large 50’x80’ warehouse area, 3 large overhead loading doors, loading dock, 24’x24’ production area with in-floor heat, separate office area. MLS 101456.
$385,000 PROFESSIONAL OFFICE SPACE
‘THE KIRKTON MARKET’
$575,000
0513_DJW_3_0002
$595,000 ‘MULTI USE BUILDING’
‘INVESTMENT POTENTIAL’
This very busy general store is located in Kirkton, West of St. Marys with great exposure on Hwy 23. It is a true country store with Post Office, grocery, hardware, movie rentals, etc., plus a well cared-for spacious two storey living quarters attached to the store. MLS 700823.
0513_DJW_5555
0513_DJW_2_0001
COMMERCIAL DEVELOPMENT
$550,000
2.2 acres of prime commercial development property zoned Highway commercial. Located on main street, St. Marys, close to 3 car dealerships, The Beer Store, local hospital, a restaurant, etc. Call today to discuss the possibilities and the reasons you need to consider St. Marys for your business. MLS 420787.
COMMERCIAL BUILDING LOT
$250,000
This prime 1 acre building site has amazing potential. Located on a busy artery, across the road from Canadian Tire & Foodland Mall. With C3 zoning, your options are many. $250,000. MLS 090243.
1800 sf
Two floors, two boardrooms, private executive offices, washrooms. Heat, hydro & taxes incl. $8.00/sq. ft. Located in St. Marys between Stratford & London. Close to 400 series highways. MLS 604937.
RETAIL SPACE 1200 SQ FT.
$8.00/sq. ft. High traffic strip mall for lease $8.00/sq. ft. Please call Listing Office for more details. MLS 554264.
For more information contact www.reiddundas.com Please say you saw it in The Commercial Investor
FAST FOOD FRANCHISE Fast Food Franchise opportunities in St. Marys. Please call listing office for details.
Southwest Ontario
11268690_0913
Commercial Real Estate & Business Opportunities
18
Volume 13 Issue 03
Commercial Real Estate & Business Opportunities
Don Patchett
Independently Owned and Operated
BRONSON’S STEAK HOUSE
“Reduced! Over $300K in fixtures, chattels and upgrades included. Selling due to health issues. Business only $299,900.”
DOWNTOWN OFFICE/RETAIL FOR LEASE
1600 ft with board room, offices, easy to convert to retail. $1450/mo., 389 Dundas St. Woodstock.
0913_DJW_1_0045
REDUCED TO $99,900!
Sales Representative
www.DonPatchett.com
Still renting? This superclean 2 storey industrial condo is in great condition. M3 zoning. Unit 5, 1033 Pattullo “So long” to the boss, here is an opportunity Ave. to have your own business! Sabroso’s Pizzeria and Burritos in busy Giant Tiger plaza.
FINISH THE RENOS. REAP THE REWARDS!
Facade complete, main floor ready to go for office or retail, 4 x 1BR or 2x2 bed apts with new services to be completed on 2nd & 3rd floors. $199,900, 393 Dundas St.
0913_DJW_2_0088
0913_DJW_2_0092
RY R VE TED E L L A SE OTIV M
0913_DJW_2_0095
Southwest Ontario
0913_DJW_2_0091
Office: 519.539.5646 Cell: 519.421.8911 Toll Free Cell: 888.314.6333
0913_DJW_2_0087
10863226_0913
Business is at a Crossroads... It’s called Woodstock, Ontario Canada
Please say you saw it in The Commercial Investor
ALMOST 7000’ SALE OR LEASE Recent improvements: spray foam insulation & steel siding on sides & rear, most windows replaced, new front doors, 2 F/A furnaces & A/C, membrane roof. 595 Henry St. $310,000. “Existing user may agree to new lease.”
Volume 13 Issue 03
19
Commercial Real Estate & Business Opportunities 3&4*%&/5*"- t $055"(& t '"3.4 t $0..&3$*"- t #64*/&44
519-524-4473
Buy With Confidence. Sell With Experience.
TOLL FREE 1-888-524-4473
9853670_0913
*/7&45.&/5 0110356/*5: Why pay rent? New in 2009. 5800 sq. ft. building in Industrial Park, Goderich. Finish to suit your requirements. Currently open layout, but could facilitate up to 5 units. M2 industrial zoning. Ideal for industrial business plus income from other leased units. .-4
13041&3064 6/*5 .05&- Family operated business & residence w/major highway exposure near Lake Huron’s shores just north of Goderich. Substantial renovations over past few years. Detached 3 bdrm 2,500 sq. ft. ranch style home w/recent improvements. Country lifestyle + great returns. 5 mins to superb 18 hole golf 0913_DJW_1_0037 course. .-4
0913_DJW_0048
'".*-: #64*/&44 Goderich area 9-unit motel w/ attached office & 2-bdrm residence. Family operation for over 40 years. Completely refurbished in 2005: upgraded baths, wiring, plumbing, new heating & AC wall units, drilled well, water treatment, water softener & upgraded septic system. Services include satellite TV, phones, high speed internet & on-site laundry 0913_DJW_1_0050 facility. .-4
$6450. ."/6'"$563*/( Unique family business in Goderich. Offers a full line of custom equipment w/sales world wide. Being sold as a “Share Purchase� includes all equipment, chattels & training for immediate take-over. Manufacturing facility can be purchased, leased, or leased with an option to purchase. 0913_DJW_1_0060 .-4
519.797.5500 Cell. 519.374.4448
Harold Fenlon
Bus.
Southampton
Goderich on the Shores of Lake Huron
Brokerage
Broker
MULTIPLE LISTING SERVICE
email: h f e n l o n @ b m t s . c o m www.haroldfenlon.ca
2004, 2005, 2006, 2007, 2009, 2010 & 2011
$1
,4
$5
00
99
,0
,9
00
00
8297239_0913
McIntee’s Top Salesperson
http://myhomes.360photo.ca/7281
GREAT SUMMER COTTAGES
299 GREEN STREET, PORT ELGIN Summer breeze cottages, exceptionally well maintained business in fantastic location & minutes to prime sand beach. Consists of winterized 1-3 B.R. home; presently rented year round, 1-3 B.R., 4-2 B.R. & 2 -1 B.R. cottages. (www.southbruce.com/summerbreeze) 90% rented for this summer season. 0913_DJW_3_0036
$5
99
,9
00
http://myhomes.360photo.ca/7538
http://myhomes.360photo.ca/5520
THE MAPLES’ COTTAGES
9 HOLE GOLF COURSE
5374 BRUCE ROAD 3, SOUTHAMPTON
Par 36, nine hole golf course. 10 acre driving range, fully licensed club house, and 3 bedroom, 4 year old house. Strategically located to enjoy the view of golf course and pond. 3 additional buildings used to store golf equipment, carts & repair shop. There are 0913_DJW_2_0032 0913_DJW_3_0033 2 wells on the property. 0913_DJW_1_0034
0913_DJW_3_0035
650 HIGHLAND STREET, PORT ELGIN Well maintained business close to beach. ‘THE MAPLES’ consists of 7 - 2 bedroom units, 1 - 3 bedroom unit recently built & a 3+ bedroom residence. All buildings are in excellent repair. All units fully rented year round. Many improvements include new roofs, 2 gas fireplaces in 2 units. 0913_DJW_3_0042
Please say you saw it in The Commercial Investor
Southwest Ontario
talbotrealty.com 62 A Elgin Ave. East, Goderich, ON N7A 1K2
20
Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
HAMILTON COVERING: "ODBTUFS t $BMFEPOJB t $BZVHB t %VOEBT t %VOOWJMMF t (SJNTCZ t )BNJMUPO t )BMEJNBOE t 4UPOFZ $SFFL For advertising information contact Doreen Wills Tel: t EPSFFO XJMMT!XBMM XBMMNFEJB DPN t UIFDPNNFSDJBMJOWFTUPS!XBMM XBMMNFEJB DPN Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 13 Issue 03
21
Commercial Real Estate & Business Opportunities
Visit my website
276 Main St. W. Hamilton, Ontario
Cell:
905-518-6713
Office:
BROKER
905-522-6001
HAMILTON CENTRE 9 UNITS
$697,900
HAMILTON CENTRE 5 APT. UNITS
9 units + 1 car workshop for further rental income. Large units mostly 2 BR plus DR. Pls. contact Listing Broker for financial information. Some rents far below market value. Property to be severed from 547 Main St. E. Seller is proceeding with severance application. Lot size: 73.4 x 137.35 Irreg. (Imperial). 0913_DJW_1_0073
HAMILTON CENTRE TRIPLEX
$269,900
HAMILTON CENTRE TRIPLEX
0913_DJW_2_0105
$259,900 South Central location. Close to downtown. Currently vacant. 2 - 1 br, 1-2 br. Possible completion of basement to 4th unit. 2 parking on site.
HAMILTON CENTRE 3 STORES/3 APTS
HAMILTON CENTRE TRIPLEX
Great location. 12,000 SF - 5 commercial units at ground floor and 8 apartment units above. Ample parking. Lot size: 107.3 x 158 ft. Possible land assembly with adjacent properties presently for sale.
0913_DJW_1_0458
0913_DJW_1_0456
$289,900 Stately triplex to be severed from 549 Main St. E. Close to downtown large wellappointed apartments on 1st and 2nd floor. Possible professional use, high visibility, parking at rear with 4 garage. Lot Size: 33’ x 137’ Irregular
HAMILTON CENTRE - TRIPLEX
0913_DJW_1_0074
$264,900
Also available for lease at $6.50/ SF plus TMI. Upscale Ancaster Industrial condo with prestige industrial zoning, your chance to own a location in Ancaster business park. Unique busy commercial/prestige industrial zoning covers various uses over 1700 sq. ft. Ground floor plus mezzanine. Run your own business in elite location with easy access to 403/QEW to go 0913_DJW_2_0100 to any direction.
$449,900 Excellent corner building. Lots of improvements 3-2 br apts. Completely renovated. All untis have independent heating and hydro. Across from McDonalds and near Ivor Wynne Stadium.
0913_DJW_0097
$895,000
$239,900 Solid 2 1/2 storey brick used as 4 family home. 3 car garages. Workshop or storage. 200 amp breaker service with wired smoke detector. Close to downtown and bus routes. 3 -1 BR and 1 - 2 BR.
0913_DJW_2_0104
0913_DJW_2_0106
ANCASTER INDUSTRIAL UNIT
HAMILTON CENTRE 4 PLEX
Located in trendy South Central near Stinson School Condo Loft development. Close to downtown. Large units plus in unit - washer/ dryer. Rental from 2 garages as well as on-site parking. Large variety of units, 1 to 3 BR units.
Charming Victorian style home. Close to downtown. 1 and 3 BR units, parking on site. “Close proximity to downtown and International Village. Possible owner occupied professional use.”
HAMILTON CENTRE - COMMERCIAL/ RESIDENTIAL BLDG.
$369,900
$169,900 Renovated - 3 family property on major street south of Main St. Separate hydro meters for all unites. Suit possible commercial professional use. Pls. contact Listing Agent for financial information.
0913_DJW_1_0016
HAMILTON - DOWNTOWN $2,495,000 DEVELOPMENT SITE
CENTRAL MOUNTAIN DEVELOPMENT SITE
Proposed building to be built King St location close to downtown and future LRT route site is whole city block. Current use is commercial building with apartments above. Pls. contact Listing Agent for additional information.
0913_DJW_1_0017
Please say you saw it in The Commercial Investor
$369,900 Large lot 60 ft. by 290 ft. near Upper James. Suit many home businesses. Charming home, many upgrades. Euro style kitchen. Hi-eff furnace. Ceramic & hardwood floors. Detached garage. Note: Rear of property has development potential, possible rezoning of property for development.
0913_DJW_2_0090
8471320_0913
HAMILTON INCOME PROPERTIES
Hamilton
Augie Ammendolia
(just West of Queen St.) L8P 1J8
22 businessbarometer
Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
Small business confidence gets stronger in February
A
fter a lacklustre November and December, Canadian
Small business owners in Alberta (71.0) remain the most optimistic in Canada, although Saskatchewan (69.8) and Newfoundland and Labrador (67.0) are not far behind. Ontario (65.3), Nova Scotia (65.3), British Columbia (64.9), Quebec (64.6), Manitoba (63.4), and New Brunswick (62.2) are all slightly below the national average. Prince Edward Island (54.1) saw a noticeable decline in business confidence.
entrepreneurs are feeling more optimistic in early 2013, according to the Canadian Federation of Independent Business (CFIB). The Business Barometer index continued January’s upward trend by rising another half a point to 66.2 in February.
“For the first time in a while, small business owners are reporting index numbers that indicate the economy is growing nearer its potential,” said Ted Mallett, CFIB’s chief economist and vice-president.“The January and February results suggest Canadians are seeing modest, but widespread economic growth.”
“Despite talk of a ‘bitumen bubble’, small business confidence is strong in Alberta, and getting stronger across most of Canada,” added Mallett. “That view is buttressed by positive expectations for full-time job growth.” Full-time hiring plans are far better than seasonal norms, with 26 per cent of businesses expecting to hire additional staff in the next few months, and only six per cent planning to cut back. Measured on a scale of 0 and 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. The February 2013 findings are based on 974 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Findings are statistically accurate to +/- 3.2 per cent 19 times in 20. To read the Business Barometer, please visit http://cfib.ca/a4900e.
As Canada’s largest association of small- and medium-sized businesses, CFIB is Powered by Entrepreneurs. Established in 1971, CFIB takes direction from more than 109,000 members in every sector nationwide, giving independent business a strong and influential voice at all levels of government and helping to grow the economy.
Please say you saw it in The Commercial Investor
Volume 13 Issue 03
23
Commercial Real Estate & Business Opportunities
COMMERCIAL/INVESTMENT POTENTIAL IN JARVIS Rare .79 ac plan of subdivision approved parcel of developed land. All services at or near lot line. Allows for const of 24 unit condo res complex comprosed of 6-1000 sqft units/ flr. Outside pkg for 38 vehicles. Buyer resp for all charges/permits/ due diligence pertaining to future use. Survey avail. 0913_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. 0913_DJW_1_0081
38 TALBOT ROAD, CANFIELD $59,000 Mechanics, truckers, hobbyists, car junkies. Check out this cool priced package. 50x40 garage w/11x12 door + 12x10 DR. N/g ceiling, MTD heater, WD STV (as is) air over oil hydraulic hoist (not certified) conc flr 220 plug, new RF trusses & STLapx 1980, 2nd 40x25 building.
1066 BROAD STREET E, DUNNVILLE $875,000 3.68 ac multi-func prop in Dunnville’s new desired bus district. well maint’d prop offers 237 ft of frntg on Hwy 3 E. Boasts excellent visual exposure w/ high traffic. Inclds 1300 sq ft bldg w/ mod showroom, rear offices, 3 baths. Incorporates 3000 sq ft garage & sep autobody shop & lrg paved prkg lot. Buyer to complete due diligence.
0913_DJW_0035
0913_DJW_1_0459
COMMERCIAL STOREFRONT FOR RENT IN DUNNVILLE $750 PER MONTH Large bright commercial storefront in east downtown Dunnville shopping district. Aprx 900 sq ft inc bathroom, rear entry, oversized street facing display windows. Affordable lease rateaprx 1600 sq ft basement area avail. Contact LA for inclusions, utility responsibilities & basement rental. 5% rebate if 1 year or more lease.
231-235 CHESTNUT STREET, DUNNVILLE $249,900
Excellent N.O.I. approx $38,400 (projected) inclds 3 2-bdrm units & 1 1-bdrm unit all on UL. Lower level inclds office #1 w/long term tenant approx 1700 sqft, retail # 1 approx 1700 sqft area in process of being rented. Great investment opportunity!
0913_DJW_0036
0913_DJW_1_0452ww
725 MAIN STREET, DUNNVILLE $449,000
2071 MAIN ST S, JARVIS $744,000
Sought-after 1 ac comm prop offering excellent visual exposure in developing Dunnville area. Inclds 1990 blt Braemer constr’d 6000 sqft bldg w/ 3600 sqft 6 bay gar w/2 roll-up doors, 2400 sqft mod showrm w/floor-ceiling windows, 3 baths, several offices, n/gas heat, munic wtr, ind septic syst, asphalt lot for 40 vehicles. 0913_DJW_2_0027
Affordable 11 plex investment property on outskirts of Jarvis. Approx. 35-45 mins SW of Hamilton. This well maintained brick bldg inc 11x2 bdrm units w 11 fridges & 11 stoves. Comm laundry rm w new coin op machines ‘09. 3 units in bsmnt, 4 on main lvl & 4 on upr with balconies. Fully rented w super w 12 yr tenure. Allow notice for showings. 0913_DJW_1_0065
P $2 arc 99 el ,0 #2 00
Hamilton
P $3 arc 99 el ,0 #1 00
8171399_0913
RE/MAX Escarpment Realty Inc Brokerage
2 MAIN AVENUE W, FISHERVILLE $199,000 Profitable turnkey business approx. 35-40 mins. S. of Hamilton, en route to Lake Erie in busy convenient store, 2-pump gas station, 50 x 21 ft. mechanic’s garage (functional), w/hoist & air compressor. Groceries, milk, cigarettes, lottery, phone card, ATM, bulk water refill, movie rentals & more. Incl. reno’d 1100 sq. ft. 2 bdrm. upr. level living unit, $800 per month. 0913_DJW_1_2301
14 ROBINSON STREET, SIMCOE $187,000 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 as well - great value! 0913_DJW_2_0075
Please say you saw it in The Commercial Investor
442 NEW LAKESHORE ROAD, PORT DOVER $1,195,000
Uncompromised beauty here in Pt Dover - Immaculate 2 acre diverse prop inc 2000 sq ft ranch ext reno’d in 93,4 winterized rental cottages generate good income. 4 tiered terrace/break wall sys ensures erosion protection of 206 ft of shoreline. 3 Eco-flow septic sys, cistern, well c/a in main houses & ‘02 blt Northlander cottage. Awesome opportunity to live and work at the Lake! 0913_DJW_1_0478
24
Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
It’s all about the NOI
By Dino Nicosia, Broker Of Record, Investpro Realty and Appraisal Ltd. Brokerage The 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 sectors; the owner occupied and tenant occupied properties.
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 is influenced by the same factors, in addition there is a more important influence, with this type of investment property because you are not just buying the bricks and mortar, you are also buying the income that is being generated from the rent. Therefore the value of an investment property is largely determined by the income it produces. You can relate this to running a business where the goal is to end up with money in your pocket at the end of the month. After collecting your rent and paying your bills, the amount of money left over before making the mortgage payments, is called the Net Operating Income (NOI). 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 N.O.I. The NOI is directly tied into 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%. There are three ways to increase the NOI: 1. Find ways to increase the rents without increasing vacancy 2. Reduce property expenses without neglecting your property. 3. Don’t rent equipment… own them. To be continued next issue!
Dino Nicosia, Broker of Record, President Your Investment Partner For Life Investpro Realty & Appraisal Ltd. Brokerage 730 Brant Street, Unit 102 Burlington, ON L7R 2H9 P: 905.631.6500 | C: 905.870.5852 | F: 905.631.6505 Visit our website: www.investprorealty.com Follow me on Twitter: http://twitter.com/#!/DinoNicosia Please say you saw it in The Commercial Investor
8171452_0913
25
Commercial Real Estate & Business Opportunities 9558936_0913
Brokerage The Apartment Building Specialists
Dino Nicosia, Broker of Record www.investprorealty.com
0913_DJW_1_0084
0913_DJW_0071
6 UNITS - EAST HAMILTON
Most apartments are renovated. Spacious units. 8% Cap Rate.
21 UNITS IN DUNDAS
4 UNITS
12 UNITS GREAT CONDITION AND LOCATION
In the heart of rejuvenated downtown Hamilton...Fully rented and totally renovated. Great cash flow. A must to view. For more details, visit our website.
12 UNITS
28 UNITS IN GUELPH, ON
Near Centre Mall... Asking $579,000. Good cash flow. Visit our website for details.
For details visit our website.
31 UNITS 0913_DJW_1_0410
0913_DJW_2_0452
(minutes to Mac University).... visit our website for details.
Unique property with separate buildings. Fully rented. For details visit our website.
0913_DJW_1_0453
0913_DJW_1_0086
FIN
0913_DJW_1_0085
Commercial property in the “heart” of downtown Stoney Creek. Over 2,000 sq. ft. plus finished basement, on large lot. For more details visit our website.
0913_DJW_1_0471
London Ontario. Visit our website for details.
D
RE RA
PHONE: 905-631-6500 FAX: 905-631-6505 dino@investprorealty.com
COMMERCIAL PROPERTY 0913_DJW_1_0071
29 UNITS
“Your Investment Partner for Life”
Near downtown... 2 buildings must be purchased together. Asking $1,550,000. Visit our website for details.
Thinking of selling? Call the “Investment Property Specialist” Please say you saw it in The Commercial Investor
Hamilton
Volume 13 Issue 03
26
Commercial Real Estate & Business Opportunities
Hamilton
Please say you saw it in The Commercial Investor
Volume 13 Issue 03
27
Commercial Real Estate & Business Opportunities
BE SEEN IN THE LIMELIGHT!
Pat & Deborah Rotella Sales Representatives email: rotella@royallepage.ca
STATE REALTY BROKERAGE
905-662-6666 | 1-877-574-7441
INDEPENDENTLY OWNED AND OPERATED
Highlight your hot, new and unique listings.
WANTED
Feature 2 properties and your agent photo in a full colour quarter page ad.
Vacant Land – Farms Stoney Creek, Grimsby, & West Lincoln 2 acres and Up Qualified Buyers Waiting
Reserve your space today! 416-784-5060.
1 877-574 7441
CALL PAT ROTELLA AT:
Prime Binbrook location next door to Shoppers & TD. Lot is 116’x219’ and includes a 2 family home & detached garage (25x16) deck off the MBED, presently rented for $650.00 & $850.00 each + uts. This parcel is over 1/2 acre in the Binbrook Core & is ideal as an investment or to expand/re-develop. MLS #H3080699 0913_DJW_1_5001
10339498_0913
OVER 1/2 ACRE COMMERCIAL DOWNTOWN BINBROOK
FOR
FURTHER INFORMATION:
$395,500
JOHN HRYCZYNSKI BROKER
(905) EMAIL:
REAL ESTATE BROKERAGE COMMERCIAL
WWW.BBSREALTY.COM COMMERCIAL REAL ESTATE
REAL ESTATE SALES AND LEASING SERVICES RETAIL/OFFICE FOR LEASE 0913_DJW_2_0140
0913_DJW_2_0458
CENTRAL HAMILTON MOUNTAIN
240
JOHN@BBSREALTY.COM
RETAIL/OFFICE FOR LEASE
0913_DJW_3_0093
RETAIL & OFFICE FOR LEASE
529-5900 X
WEST HAMILTON MOUNTAIN
WEST HAMILTON, NEAR DOWNTOWN CORE
RETAIL & OFFICE FOR LEASE
RETAIL & OFFICE FOR LEASE
RETAIL/OFFICE FOR LEASE 0913_DJW_3_0092
Prime West Hamilton location & excellent signalized corner exposure. Easy access to hwys, downtown, McMaster Univ. & Harbour Front districts. Previous private school & office use, ideal for same or most other office/retail uses. Approx. 13,690 sf avail. (Divisible to 7,340 sf grnd flr + 6,350 sf 2nd flr, ground floor units divisable from 1,000 sq. ft). Good parking, economically priced and immediate possession. Call for details.
0913_DJW_3_0100
Prime West Mountain location minutes from the lucrative Ancaster Meadowlands shopping disctrict, a major high school, an affluent residential area and easy acess to the link. Busy plaza anchored by Rexall Pharmacy. Available in-line space from 2,000 to 8,839 sq. ft. suitable for most retail uses, available immediately and a 20,474 sf freestandingg building ideal for a grocery store or most other retail uses. Call for property and leasing details.
0913_DJW_2_0094
An attractive multi-tenant retail plaza located on a major arterial. Close proximity to Limeride Mall and the expressway. Excellent tenant mix with medical, professional office and retail units. Units available: Unit 2 - 2250 sf, previous Physical Therapy use. Ideal for most office/retail uses; Units 6 & 7 - 2,300 sf, divisible, previous medical uses, ideal for same or most other office/retail uses. Abundant parking, immediate possession. Asking $11.49/sf net.
DUNDAS
EAST HAMILTON
Low rental rates! Attractive neighbourhood retail plaza in the heart of a mixed Density residential area with easy access to the new Red Hill expressway. Retail units from 1,265 - 2060 sf. Asking $9.95/sf net & finished office units from 800 - 1.560 sf asking $9.95 - $10.95 sf net. Immediate possession, abundant park.
Prime plaza location along this busy Governor’s Road/Hwy 99 arterial. Excellent corner exposure to high traffic at signalized intersection. Close proximity to schools & residential areas. Unit 236 - 2620 sq. ft. plus usable basement, previous Variety store use, some improvements in place, ideal for same or most other retail/office uses, Lld may divide. Unit 244 - 1,300 sq ft., unit plus useable basement ideal for retail/office uses. Good parking. Immed. poss. Priced to least at $10.95 to $11.95/sq. ft. net.
170 SILVERCREEK PARKWAY NORTH, GUELPH
Located on a major arterial road across from Willow West Mall. Many national tenants on this power retail strip. Rare vacancy, excellent end cap location and frontage. Ideal for most retail/office uses. Unit sizes from 1,200 to 3,400 sq. ft. Landlord may assist with improvements. Abundant parking, good access and immediate possession. Economically priced from $12.95-$13.95/sq.ft. net.
Please say you saw it in The Commercial Investor
Hamilton
Volume 13 Issue 03
28
Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
Hamilton 9866957_0913
Please say you saw it in The Commercial Investor
Volume 13 Issue 03
29
Commercial Real Estate & Business Opportunities 11272370_0913
905-574-4600
NT LE NT EL RA C EX TAU S RE
SALES REPRESENTATIVE
OVER 27 YEARS Family Restaurant, great reputation. Open only 6 days a week. Take out and deliveries. Liquor licensed. Good clientele. Owner wants to retire. To view call George Kyprianou at 905 574 4600.
1175 STONECHURCH RD. E.
E AC SE SP LEA R FO
It is located just east of Upper Ottawa. The space is 3,500 sq ft. I have office space at 640 Upper James ST. 1,200 sq ft. For more information call George Kypraniou at 905 574 4600.
0913_DJW_0093
ANCASTER
E AC SE SP LEA R FO
It used to be a Sports Bar. Great location. Just beside The Egg And I. Easy access to hwy. Approx. 4,600 sq ft. Owner willing to divide space to smaller for office or any retail. Call George Kypraniou at 905 574 4600.
0913_DJW_0094
BE YOUR OWN BOSS
NG NI EA VICE L C ER S
Established, professional commercial cleaning business. Backed by a proven franchise that will provide customers. Management that will guarantee clients satisfaction. Lots of room to grow! For more information call Chris Klashoff or George Kyprianou at 905 574 4600.
0913_DJW_0095
0913_DJW_0096
8310857_0913
BROKERAGE
$17.50/SQ. FT.
LOWER LEVEL OFFICE SPACE
LOCKE STREET LOCATION!
High traffic James Street location close to “GO” station, courthouse & St. Joseph’s Health Care, public transportation, shopping, entertainment & restaurants. Gracious Century stone building in the heart of downtown Hamilton. Contact Larry Szpirglas, Broker/Manager at 905-648-6800 or email szpirglas@judymarsales.com
Prime retail and commercial space available in renovated 2.5 storey building. New windows, HVAC, roofing, high ceilings & loads of natural light. 2nd & 3rd floor unit vacant at $2,200 per month. Separate entrance, onsite parking. Perfect for professional offices. Please call Larry Szpirglas, Broker/Manager at 905-648-6800 or email szpirglas@judymarsales.com
0913_DJW_3_0025
0913_DJW_0109
$2,200 PER MONTH
GREAT CORE LOCATION!
LATE VICTORIAN HOME!
$1,189,000
Beautifully updated & maintained this large property is located in the downtown core of Burlington south of Ontario Street. Zoning designation permits office use in existing structures. Please call Elizabeth Parker, Sales Representative at 905-522-3300 or email parker@judymarsales.com 0913_DJW_0074
0913_DJW_1_0026
$759,000
Corner lot in Dundas with large residential three storey building & single storey commercial space. Two units rented & two ready to be leased. Commercial space to be leased. Please call Elizabeth Parker, Sales Representative at 905-522-3300 or email parker@judymarsales.com or Jennifer Daniel, Sales Representative at 905-522-3300 or email daniel@judymarsales.com 0913_DJW_0075
Jennifer Daniel
Larry Szpirglas
Elizabeth Parker
Sales Representative daniel@judymarsales.com
Broker/ Manager szpirglas@judymarsales.com
Sales Representative parker@judymarsales.com
Please say you saw it in The Commercial Investor
Hamilton
987 RYMAL ROAD EAST HAMILTON, ON,L8W 3M2
GEORGE KYPRIANOU
30
Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
PROPERTY MANAGEMENT SERVICES Richmond Advisory Services offers Property Management for Rental Apartment Buildings and Commercial properties
t Maximize Gross Income t Minimize Operating Expenses t Reduce Vacancies
11270996_0913
Our Focus:
Hamilton
t Increasing the property Net Operating Income Investors, enjoy the rewards and profits from your investment properties without the time consuming responsibilities that go with property ownership
Servicing Hamilton and surrounding areas
RAS RICHMOND ADVISORY SERVICES
Please Contact: Lijoy Ulahannan, Vice President
D: (647) 547-2122 EXT.119 Toll Free: 1-855-547-2122 EXT. 119 lulahannan@richmondrealtygroup.ca
Ontario’s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate
FOR ADVERTISING CALL
DOREEN WILLS r Doreen.Wills@wall2wallmedia.com Please say you saw it in The Commercial Investor
Volume 13 Issue 03
31
Commercial Real Estate & Business Opportunities
BIG OR SMALL,
AL’S SYSTEM SELLS THEM ALL!
“DONALD TRUMP SAYS GOOD RETURN”
8143528_0913
2 commercial retail stores. 1 vacant for personal use or was rented for $900/mth. Both retail stores have kitch & 4 pc bath. 2 residential units rented. Corner exposure. Gross income $39,000. 11.7% return on your investment.
905-570-9997
229,997
$
OR BEST OFFER 0213_DJW_2_0028
LOOKING FOR SPECIAL PRICE? CALL NOW
SOLD
Was Gas Station/Variety/ Service Station. Now abandoned. Sold as is. Seller bought in 1988 for $485,000. Near New Central Mall & up coming GO Train area.
249,997 OR
$
BEST OFFER
Excellent Investment. Corner site - Live theatre seats 390 people, 4 residential unit - 5 Commercial retail. Low taxes $6,093. 10 City exemptions. Shopping district gross income $86,870.80 approx.
1,249,997
$
0213_DJW_1_0017
OR VIP BUYERS PROGRAM
STONEY CREEK “OPPORTUNITY KNOCKS”
SO WE LD B SE IG LL OR TH SM EM A AL LL, L
EAST HAMILTON “OPPORTUNITY TO BUILD”
SOLD
Vacant Residential Building lot 25’ x 100’. Perfect for small builder or building for your personal use - services are available. Convenient location easy access to everything. Curious?
29,997
$
Newly renovated 1 3/4 stry. Zoned residential taxes. Huge 60’x287’ lot. Lots of potential optionsunder M3 industrial. Prestige business park area. 1 1/2 car garage. Newly asphalted.
OR MAKE AN OFFER 0213_DJW_1_0128
$
OR TRADE*
0213_DJW_1_0454
EAST MOUNTAIN “HAIR/BARBER SHOP FOR SALE”
0213_DJW_1_0073
CENTRAL EAST MOUNTAIN
219,997
Used as metal fabrication or other uses. Relocated or get self employed. Approx. 2400 sq ft + 1000 sq ft loft/office/lunch room. 200 amp service. 18 ft ceilings. 12 x 14 bay door. Great exposure. Curious?
Well established over 55 yrs. Hair Salon + Barber Shop business. Established clientelle. Store front approx 714 sq. ft. 5 station, 2 sinks, 1 barber chair & more. Hair products for sale. Business owner retiring.
0213_DJW_2_0074
SOLD
359,997
0213_DJW_1_0032
BEST OFFER
EAST HAMILTON (ROSEDALE AREA) “WHATS UP”?
$
OR MAKE AN OFFER
45,997 OR
$
SO WE LD B SE IG LL OR TH SM EM A AL LL, L
SO WE LD B SE IG LL OR TH SM EM A AL LL, L
EAST HAMILTON LOOKING FOR A CHALLENGE?
CENTRAL HAMILTON “INDUSTRIAL ALL POSSIBLE”
Res/Commercial retail. Seperate entrance. Lots of parking. 2 driveways. Renovated plus. 2 hydro meters. Retail used Hair Salon or other uses. Upper 2 lvl 2 bdrms. Unit rented $800/ mth plus hydro. Will stay or vacate curious.
275,997
$
OR TRADE*/ CASH*
0213_DJW_1_0436
550 Fennell Ave. E. Suite 221A, Hamilton, ON L8V 4S9 Near Upper Wentworth & Fennell Plaza (905) 575-2840 *Some conditions apply Scan QR Code for Smart Phones & Blackberry Users. Quick Easy access to Al’s Listings.
Please say you saw it in The Commercial Investor
Hamilton
AL COSENTINO’s COMMERCIAL - INVESTMENTS Best s t n e OPPORTUNITIES FOR EVERY INVESTOR’S DREAMS Investm AL CAN MAKE IT HAPPEN!! to Buy LOOKING FOR EMPLOYMENT & RETURN ACT NOW!!! Now!
32
Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
GREATER TORONTO AREA COVERING: "KBY t "MMJTUPO t #PXNBOWJMMF t #SBEGPSE t #PMUPO t #VSMJOHUPO t #SBNQUPO t $PODPSE t %VSIBN 3FHJPO t &UPCJDPLF t (FPSHFUPXO t (FPSHJOB t ,FTXJDL t .BSLIBN t .JMUPO t .JTTJTTBVHB t /FXNBSLFU t /PSUI :PSL t 0BLWJMMF t 0TIBXB t 1JDLFSJOH t 3JDINPOE )JMM t 4DBSCPSPVHI t 4DIPNCFSH t 4VUUPO t 5PSPOUP t 5PUUFOIBN t 5IPSOIJMM 7BVHIBO t 8IJUCZ t 8PPECSJEHF
For advertising information contact Doreen Wills Tel: t EPSFFO XJMMT!XBMM XBMMNFEJB DPN t UIFDPNNFSDJBMJOWFTUPS!XBMM XBMMNFEJB DPN Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 13 Issue 03
Givalas Real Estate 8973548_0913
33
Commercial Real Estate & Business Opportunities
Nick Givalas Broker of Record
Ltd.
Brokerage
(905) 479-4436
email: ngivalas@trebnet.com
0513_DJW_2_0021
IDEAL FOR OWNER/USER OR INVESTOR
Freestanding building for sale on Highway 35 as you are coming into Lindsay on the East side. Former restaurant. Main level approx. 7400 sq. ft. Upper floor has two apartments 1 3-bdrm and 1 2-bdrm for tenant use or sublet to offset expenses. Building is in good shape. Ample paved parking. On 5.5 acres of land. Highway Commercial zoning permits. Many uses for opening a business.
CAREFREE INVESTMENT PROPERTY
D L SO
National Restaurant tenant. Free standing building with Drive thru. One of a kind. Highway exit location. 2 Hours north of Toronto. $121,325. Net income. Price $1,850,000.
COMMERCIAL SPACE FOR LEASE
808 Simcoe St. S., Oshawa 850 sq. ft store + basement. Only $900.00 per month + Hydro. Ideal for starter business or small office. 245 King Street West Oshawa (corner of Park Rd) Stores 2400-4216 sq. ft. in size. Rent from $13-$15 per ft net. Teddy’s Park Plaza.
160 Main St., Unionville Former Hair Salon and Spa 1500 sq. ft. freestanding Building. 28 car parking. Good opportunity. Mississauga Prime Location Highway 10 & QEW 2090 Hurontario Street 2nd floor 3027 sq. ft. office space $15 per ft net
1111 Dundas St. E., Whitby Former Lick’s Burger. 2600 sq.ft. fully equipped. Free standing building. Landlord may divide space in half. Good restaurant opportunity. $5000 per month net rent. 21 Harwood Ave S., Ajax Corner unit in plaza. Ample parking. 2200 sq ft. Asking $18.00 per sq ft. net. 4865 Sheppard Ave. E., Scarborough Former hair salon. 860 sq. ft. still fixtured in small plaza. East of McCowan Rd. Rent $1,900 per month + utilities. 6523 Kingston Rd., Scarborough Big car lot for lease. $4500 per month net.
Contact Nick Givalas
Please say you saw it in The Commercial Investor
Greater Toronto Area
FOR SALE AT $785,000 Also for lease at $5,500/month net net.
34
Volume 13 Issue 03
Commercial Real Estate & Business Opportunities
10527900_0913
(905) 619-9500 TOR. LINE: 416-798-7278 email: morrisonb@sutton.com
GROUP
速
HERITAGE REALTY INC. BROKERAGE
Platinum award winner
SELLING REAL ESTATE FOR OVER 23 YEARS
AJAX
Investment plaza. Great area. Close to GO train. Great tenants. Lots of parking. Net potential income $153,000.
TORONTO
PLAZA
ASKING
$2,250,000
BEACHES
ASKING
$1,469,000
0913_DJW_0102
Greater Toronto Area
Location Location! On Queen St in the Beaches, 24 units. Very easy to maange. Net approx. $142,000.
TORONTO
ASKING
$2,500,000
WHITBY
ASKING
$685,000
Updated & improved apartment building. 1 units. Most have been renovated. Great investment.
ASKING
BARRIE
ASKING
TORONTO
0913_DJW_0103
$1,495,000
0913_DJW_0104
Office building on Brock Street with 11 car parking lot. Great for lawyer, professional use or investor. Just listed. $949,000.
$949,000
Neighbourhood retail plaza. Investment opportunity. Well maintained. 5 units on 1/3 acre. Triple net.
ASKING
Great investment. 7% CAP mixed use building. 10 - 2 bdrm, 2 - 1 bedrm & 5 retail units. Commercial tenants. Triple net leases. Residents pay own heat & hydro. Net $147,000.
$2,150,000
0913_DJW_2_0103
Investment fully tenanted building. 1 store & 2 apartments with 2 bedrooms. Each with parking at rear. Lots of upgrades. Asking $685,000. On busy Eglinton Ave.
0913_DJW_2_0101
TORONTO
0913_DJW_3_0103
0913_DJW_2_0116
Attention Investors! Corner Commercial/ residential building. 1 store & 6 apts. on the Danforth. Close to subway. ASKING
$1,300,000
I URGENTLY NEED MORE PROPERTY TO SELL IN ALL AREAS, BUYERS ARE WAITING, CALL BILL MORRISON TO SELL YOURS! FREE CONSULTATION Call Bill (905) 619-9500 Please say you saw it in The Commercial Investor
0913_DJW_2_0102
35
Commercial Real Estate & Business Opportunities
AJAX High exposure locations facing Hwy 401 and short walk to GO station at Westney Rd. Corner property. Prestigious zoning on 1.81 acres. 38,400 sq ft of manufacturing and office space. Fully fenced.
ASKING $2,900,000
0913_DJW_2_0098
AJAX
ASKING $1,850,000
Great head office property with excellent exposure to Hwy 401. Approx. 8000 sq ft of office space with 24,500 sq ft of manufacturing or warehouse space. On 1 1/2 acres. There also is 1.25 acres of vacant lot next door available for $395,000. 0913_DJW_2_0097
DRIVING RANGE
ASKING $2,500,000.
Have a money maker, “cash cow” in the making. Zoned and site planned approved for driving range, mini golf, 2400 sq. ft. Restaurant and a gorgeous open concept 3500 sq. ft. bungalow. All on 41 acres. On busy road next to future Hwy 407 ramp. 0913_DJW_2_0034
CALL BILL MORRISON TO SELL YOURS! (905) 619-9500 Please say you saw it in The Commercial Investor
8177227_0913
Greater Toronto Area
Volume 13 Issue 03
36
Volume 13 Issue 03
Commercial Real Estate & Business Opportunities
www.realtyforeveryone.com
ritamollicone@rogers.com
11218944_0913
HomeLife/Bayview Realty Inc., Brokerage Independently Owned & Operated
905-889-2200
Rita Mollicone, BA cell:
416-508-2949
FOR LEASE 9,000 SQ. FT. - DIVISIBLE
100 ACRES BUILDABLE LAND
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$1.90 sq. ft.
Call for price and information PLAZA NEWLY BUILT
@%+8@ @
MAJOR SINGLE TENANT
24-UNIT BUILDING
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r 5PSPOUP
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$2.1M
$2.9M
DEVELOPMENT IN HAMILTON
APPROVED FOR TOWNHOUSES
r #VJMEJOH JO FYDFMMFOU DPOEJUJPO r 3FDFOUMZ SFOPWBUFE r (PPE BODIPS UFOBOUT r 0WFS TR GU MFBTBCMF TQBDF r /FU JODPNF
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$3.4M
$4.75M
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$14M
11251605_0913
Greater Toronto Area
$11.2M
r "QQSPY DBQ
PLAZA 1.5 HRS FROM TORONTO
Wishing you all the best of health and wealth in 2013 FOR SALE OR LEASE LE AB AIL V A
Amazing office space with 14,689 sq ft. Partially rented with AAA tenants. Divisible office/retail space for lease. 0513_DJW_1_0041 Contact for more info.
Apartment building with large 18 units, well maintained with new roof, windows, 2xhot water tanks, hallway carpets, and tiles. BELOW Market rents by $2000 a month! Located in downtown Cambridge... Call for more info
APARTMENT BUILDINGS
8 Senior Homes, Turn Key Operations, Complete Portfolio with 305 Beds, Over 2M NOI, 4&3*064 */26*3*&4 ONLY, VTB Possible Asking $23M
r Large detached fiveplex with big lot, renovated, 4 parking, 75K in downtown Toronto. Call for info r 6OJU #VJMEJOH HBSBHFT $MPTF UP Downsview station. Potential upside 5.71% cap r #SVTTFMT 0OUBSJP 3FT "QBSUNFOUT 2 stores, 6 offices and large event venue 9000 sq ft. $595,000
Retail Space for Lease
Cabbagetown - Corner building 1490 sq ft on Carlton previously a restaurant, ask for more info. Cabbagetown - Corner building unit on Dundas Street 820 sq ft perfect for bar/cafe/ restaurant. Call for more info.
Video reviews including financials on Apartment Buildings for Sale www.TorontonianOnline.com
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37
Commercial Real Estate & Business Opportunities
10929735_0913
Volume 13 Issue 03
Fantastic investment opportunity on Main Street of growing Tottenham. Large commercial space, 4+ apartments, useable basement space. Substantial updating completed in last 10 years, new furnace 2012. Apartments include bachelor, 1 bedroom, 2 bedroom & 3 bedroom plus commercial space & basement. $529,900 Marc Ronan***1-888-936-4216 0913_DJW_0055
Women’s apparel and home decor business, 10 successful years in Barrie. Includes all inventory, pos system, custom oak cash desk, mannequins, fixtures & display units, 5 luxurious fitting rooms. Operated within 1300 sq ft in South end of Barrie. Unique Business with loyal repeat clientele & strong database. Turnkey operation; including supplier details. Conveniently located with lots of parking. Please do not approach staff regarding sale. Display tables, accent lighting, jewellery display cases, desktop computer brother/scanner/printer, electric open sign, pos hardware & software, bar code reader, leasehold improvements (Almost $10,000 value) $149,000 Jacinda Taylor* 1-877-435-4336. 0913_DJW_0054
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. $299,900. Marc Ronan*** 1-888-936-4216 0913_DJW_2_0038
0913_DJW_4_0035
Sought-after fully serviced Industrial with outside storage in The Heart of Bolton on approx 4.5 acres. Present owner has plans ready to go for 15,000 sq ft industrial building. $3,000,000 Marc Ronan***1-888-936-4216 0913_DJW_0056
14.5 Acre high profile location with M1-2 Industrial/ Agricultural zoning with open space conservation. Property includes a 10,000 sqft building & 4000 sqft building, insulated office, free span, rollup doors. Insulated infra red propane heat, legal 2 bedroom apartment & offices, plus so much more! $1,390,000 Marc Ronan***1-888-936-4216 0913_DJW_0057
Investment Opportunity! 30 acre future development land in Alliston across the road from new residential development. Level land with approx. 5200 sq. ft. building with main floor previously used as Veterinary Clinic and on 2nd level updated apartment approx 2000 sq. ft. plus in-law space. Located between developer owned land and water retention area for existing residential development. Current zoning Residential/Commercial. $2,400,000. Marc Ronan***1-888-936-4216 0913_DJW_3_0023
84.4 acres Abutting Residential Development in area of fast growing Community of Alliston. Surrounded by existing development with two road stubs to East on Municipal Services. Flat, clear acreage minutes from Honda. Entirely maintenance free clean crop land. $3,795,000. Marc Ronan***1-888-936-4216
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, spacious prinicpal rooms, multiple wlakouts to manicured lawns $1,499,000 Marc Ronan***1-888-936-4216.
93 acre Development Parcel abutting residential development in New Lowell. Approximately 88 acres workable land. Located inside the Development Boundary Expansion area, large GTA Developer in same area. $1,700,000 Marc Ronan*** 1-888-936-4216.
High profile corner Commercial lot approx 3.2 acres in Angus comprised of 7 lots with 424’ frontage on high traffic Main street. Commercial zoning allowing for many uses including but not limited to Retail Stores, Service Shops, Auto Sales & Services, Business or Professional Offices. 2 Rd Frontages! $1,950,000. Marc Ronan***/Gladys Craine**** 1-888-936-4216
0913_DJW_2_0024
0913_DJW_2_0036
0913_DJW_1_0089
0913_DJW_1_0040
Rock Solid in Real Estate.
TM
* Sales Representative ** Broker *** Sales Representative/Owner **** Broker of Record
©2013 BRER Affiliates Inc. An independently owned and operated broker member of BRER Affiliates Inc. Prudential, the Prudential logo and the Rock symbol are trademarks of The Prudential Insurance Company of America, registered in many jurisdictions worldwide. Used under license with no other affiliation with Prudential.
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Beautiful, 2 storey, 4 br, brick home in area of fine homes, adjacent to Silver Brooke Golf Course just N of Everett. 1.9 acre lot, very private, mostly treed. Huge 3 car garage & ample parking for several cars! Large eat-in kitchen w/island, ceramic floor & W/O to real deck & above ground pool. Master BR has 4 pc ensuite, W/I closet & W/O to sun deck w/steps down to pool deck. $2000/Mth Ingrid McNeill* 1-877-435-4336 0913_DJW_0053
38
Volume 13 Issue 03
Commercial Real Estate & Business Opportunities
Sanjiv Gupta SALES REPRESENTATIVE
Dir.
416.399.1009
®
Century 21 People’s Choice Realty Inc., Brokerage 2 Royal Crest Road, Toronto M9V 2L5 Tel: 416.742.8000 5160 Explorer Drive Unit # 27, Mississauga, ON, L4W 4T7 Tel: 905.206.1900 Fax 905.206.1901
sanjiv@profinsys.ca | www.profinsys.ca
YOUR SEARCH FOR BUSINESS ENDS HERE: LET US HELP YOU ACHIEVE YOUR DREAM BUSINESS AT
‘JUST THE RIGHT PRICE’ SUB FRANCHISE
BASKIN ROBBINS – West of GTA - Very low Rent - ideal for small business Net income - 100K - Asking price $380K BOSTON PIZZA – GTA Locations Sales 2.6 Million - Asking Price - 2.3 Million SUB FRANCHISE – Most popular and high volume sales – Sales $440K – Very Low Rent GTA Location – ONLY for Principals with Head Office Approval
SUB FRANCHISE
WILD WING North of Brampton – Sales $850K, Rent $9K/Mo, 90 Seats well established and great location – Asking Price $429K
SUB FRANCHISE
WILD WING West of Oakville – 2 Months Old, great location w/ high response from community – Sales $72K/Mo – Asking Price $399K
SUB FRANCHISE
INVESTMENT PROPERTIES (PRINCIPALS ONLY) Greater Toronto Area
– Anchored Building West of Toronto with lease up to March 2025 - Net income 1.0 Million - Price not disclosed – Plaza with AAA Tenants (Bank, Pharmacy and Food Franchise), 1.3 Acre - Net income 400K - Asking Price 6.5 Million – Plaza with Shoppers Drug Mart - 1.8 Acres with Net income - 320K - Asking Price 4.0 Million – Land for future development - Plan approved for student housing or bring medical building close to hospital - 1.2 Acre Asking price $1.3 Million – Medical Building GTA - Fully leased with Cap Rate of 6% - Medical Building West of Mississauga - Fully leased with Cap Rate of 7%
GAS STATIONS PETRO CANADA – Petro Canada West of Mississauga (HWY 403) Volume 5.0 Million Store Sales $1.0 Million - Asking Price $3.2 Million – Petro Canada on Highway 401 west of Cambridge - Great location with car wash – Asking Price – $3.0 Million ULTRAMAR – Ultramar - Highway location north of Barrie visible from Highway and high truck traffic – 6 Pumps, Big convenience Store – Brand New – Asking Price $3.0 Million – Ultramar - Brand New Location East of Toronto Highway traffic Projected 7.0 Million with Store Sales of 650K – Asking Price $2.1 Million – Ultramar - Brand New Gas Station with 4 Bay Coin Car Wash - Projected 10 Million with great income in Barrie - Call for details – Ultramar - Brand NewLocation big lot and with satellite for truck trailer traffic - projected volume - 12 Million for gas; Rental Income - 10 minutes to Brampton - Asking Price 4.0 Million – Land - approved for branded gas station and retail plaza East of Toronto - Asking price - $4.0 Million ESSO – Esso 3.6 Million Volume with Store Sales $700K – Great Income – Asking Price $1.8 Million PIONEER – Pioneer - East of Toronto Brand New Location – Projected Volume 8 Million – Asking Price – $2.2 Million – Pioneer GTA Location with Coin Car Wash - Asking Price 4.0 Million OTHER – Land North of New Market - Big lot and approval for branded gas station with plaza - Asking Price - 1.6 Million
Amortization as high as 25 years Lowest Down Payment required - Gas stations (25%) and others (10%) Quickest approval for every property for qualified buyers Please say you saw it in The Commercial Investor
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BUSINESS LOAN AND COMMERCIAL MORTGAGE INTEREST AS LOW AS PRIME PLUS 1%
Volume 13 Issue 03
39
Commercial Real Estate & Business Opportunities
Martha Marton Sales Representative
905.775.5677 x 5319 office
ÂŽ
Century 21 Heritage Group Ltd. 855.992.SELL (7355) toll free
martha@martha2sell.ca ww w.martha2s ell.c a
THINKING OF STARTING A BUSINESS IN BRADFORD, INNISFIL OR ALLISTON?
FOR LEASE - BRADFORD 1,400 sq ft office space with hardwood floors, balcony, 4 private offices, kitchenette and main reception/training room. Off street parking & good visibility. $1,600/month includes all utilities except electricity. Please contact Martha Marton, Sales Representative, 855.992. SELL www.martha2sell.ca
Residents have asked for: t 4IPF TUPSFT FTQFDJBMMZ GPS DIJMESFO t %BZ DBSF XF OFFE NPSF GPS LJET BOE EPHT t 6TFE DIJMESFO T DMPUIFT FRVJQNFOU
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COMMERCIAL INDUSTRIAL ON HIGHWAY 89 83.44 acres with 2198 feet of frontage on busy Highway 89. Owner financing available. Commercial Industrial designation - uses include manufacturing, retail, restaurants and sales outlets. Rezoning to commercial/ industrial. Only 1 hour from Toronto. www.7723highway89. info or call to request a marketing package.
AUTO BODY BUSINESS FOR SALE 8FMM FTUBCMJTIFE UVSO LFZ PQFSBUJPO JO IJHI HSPXUI BSFB 0XOFS SFUJSJOH "MM FRVJQNFOU JODMVEFE JODMVEJOH QBJOU CPPUI -BSHF EPVCMF VOJU XJUI SPPN GPS WFIJDMFT HBSBHF EPPST "GGPSEBCMF MPOH UFSN MFBTF
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
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inthenews
Square One Shopping Centre commences $84 million redevelopment project
R
enovations are underway at Square One Shopping Centre, as $84 million is invested into a major renovation of the common areas, food court and shopper amenities. The design vision aims to infuse exciting architecture and create a sense of place throughout. A palette of distinct finishes, colours and materials will be carried into the elements of the newly expanded food court and grand centre court. The expanded new food court will open August 2013, offering guests an exciting new culinary experience and Western Toronto’s first premium food court destination.
Square One Redevelopment (CNW Group/Square One Shopping Centre)
With added seating, signature table wear, and unique food vendors, Food Central is guaranteed to exceed expectations. Featuring Canada’s first existing food court converted to reusable table wear, glasses and cutlery, food court operations will significantly reduce waste and increase waste diversion rates.
Please say you saw it in The Commercial Investor
Volume 13 Issue 03
41
Igor Chouminov President, Broker of Record
PAII REALTY INC.
Brokerage
416.877.0326 igor@paiirealty.com INVESTMENT AND DEVELOPMENT REAL ESTATE
TOWNHOUSE DEVELOPMENT SITE, RICHMOND HILL ON
INVESTORS WANTED
-17 unit Townhouse Site, 3-storey units w/ 20ft fronts over 2500 sf each with large backyards. -Great neighborhood walkings distance to shopping, schools and transport. Priced at $4,500,000 TOWNHOUSE DEVELOPMENT SITE, TORONTO, ON -Upscale area, high end townhouse units to be developed of approx. 3,500 sf each. -Great opprtunity for Builder to make a name in the luxury real estate market. Priced at $10,000,000
@
Commercial Real Estate & Business Opportunities
RETAIL PLAZA/CONDO DEVELOPMENT SITE, SCARBOROUGH, ON r 6OEFS TFDPOEBSZ QMBO GPS NJYFE VTF condominium development. r 3FUBJM 1MB[B DVSSFOU OFU JODPNF year r (SFBU JOWFTUNFOU %FWFMPQNFOU PQQPSUVOJUZ
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Priced at $264,900
FOR REAL ESTATE PROJECTS ACROSS THE GTA!
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ACTIVELY LOOKING FOR: - COMMERCIAL AND RESIDENTIAL PROPERTY FOR DEVELOPMENT - RETAIL PLAZAS AND OTHER INVESTMENT PROPERTIES inthenews “The resources invested in this redevelopment are a testament to Oxford Properties and Alberta Investment Management Corporation’s commitment to Square One Shopping Centre� says Jean-Marc Rouleau, Director Retail, Oxford Properties. “When completed in November 2013, the redevelopment will solidify and expand Square One’s retail position as the destination of choice for consumers and tenants alike.� Over the past few years, Square One has welcomed premium retailers such as Apple, Crate and Barrel, Coach, Michael Kors, Zara and Whole Foods Market - to name a few. With more exciting retailers opening in 2013, Square One’s leasing vision will continue securing premium, bestin-class tenants. Lacoste is the newest addition (April 2013), following the much anticipated opening of Target (March 2013). “Square One currently boasts record high retail sales productivity at $775 per square foot which is a direct result of strategic leasing initiatives� says Elena Price, Director Marketing for Square One. “With many new and exciting retailers coming soon, this trend is forecasted to continue throughout 2013 and beyond.“ This November, Square One Shopping Centre celebrates four decades of retail with a vibrant and newly, renovated shopping centre. Square One will continue to be a place that embraces life full of excitement, diversity and sustainability.
About Square One Shopping Centre: With 360+ retailers including Apple, Michael Kors, Crate & Barrel, Harry Rosen, Zara and Wholefoods Market, Square One Shopping Centre, proudly managed by Oxford Properties, is the premier retail destination in west Toronto. Square One is owned by Alberta Investment Management Corporation (AIMCo), on behalf of its clients, and Oxford Properties Group. Dedicated to sustainability, Square One’s 1.8 million square feet has been awarded and recognized for creating a balance between sustainable environmental programs and a unique shopping experience. Square One is located at 100 City Centre Drive, (HWY 10 & 403). As the central transportation hub for Peel Region, Square One is accessible via MiWay and GO Bus. Square One is a Designated Tourist Destination and is open on statutory holidays. For details visit www.ShopSquareOne.com or www.SquareOneRedevelopment.com. About Oxford: Oxford Properties Group is a global platform for real estate investment, development and management, with over 1,400 employees and over $21 billion of real assets that it manages for itself and on behalf of its co-owners and investment partners. Established in 1960, Oxford has regional offices in Toronto, London and New York, and the company’s portfolio includes approximately 50 million square feet of office, retail, industrial, multi-family and hotel properties. Oxford is the real estate arm of the OMERS Worldwide Group of Companies. For more information about Oxford, visit: www.oxfordproperties.com. About OMERS: OMERS is one of Canada’s largest pension funds with over $55 billion in net assets. It provides first-class pension administration and innovative products and services to over 420,000 members. Approximately one in every 20 employees working in the province of Ontario is an OMERS member. Through the OMERS Worldwide brand, our team of investment professionals uses a direct drive, active management investment strategy to invest in public and private market assets, including publicly-traded equities, fixed-income, infrastructure, private equity and real estate. For more information about OMERS, visit www.omers.com or www.omersworldwide.com
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- SITE PLAN APPROVED PROJECTS
42
Volume 13 Issue 03
Commercial Real Estate & Business Opportunities
FREE 24-HOUR RECORDED INFORMATION First Time Home Buyers & Real Estate Investors
Percy Fulton Ltd. Brokerage
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We Work with Over 50 Banks, Trust Companies, Credit Unions, & Private Lenders
Please say you saw it in The Commercial Investor
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43
Commercial Real Estate & Business Opportunities
FREE 24-HOUR RECORDED INFORMATION First Time Home Buyers & Real E Estate IInvestors
Percy Fulton Ltd. Brokerage
SEAN ROLAND Real Estate Broker
1-800-290-5164 Including All Foreclosures & Power of Sales
Power of Sales, Foreclosures & Distress Properties Below Market Fixer-Uppers & Tax Sale Properties Below Market Rental Properties, Positive Cash Flow Properties Up to $25,000 Cash-Back at Closing & ZERO Down Mortgages
9508003_0913
POWER OF SALES & FORECLOSURES
View Over 20,000 Homes For Sale Online
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44 inthenews
Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
Family businesses continue to thrive, but where’s the talent? With growth potential on the radar - innovation and succession planning are a must
S
ixty per cent of Canadian family businesses reported sales growth in the
last year and in the next five
However, a family business’s structure can offer significant benefits particularly their agility, continuity and their long-term perspective mindset. Duguid says,“Family businesses need to do more to highlight their competitive advantages; their commitment and loyalty to their people. People are attracted to companies that have strong values and where they know their efforts will be recognized - both of which are characteristics of family businesses.” Who’s taking over - Family ties or step outside?
years, 87 per cent plan to grow steadily. However, securing talent to drive this growth is a challenge, according to the
Just over half of Canadian family businesses (51 per cent), compared to 41 per cent globally, plan to pass on the management of the business to the next generation, while an additional 14 per cent of Canadian family businesses plan to pass on ownership, but employ non-family members to oversee the business. A further 16 per cent don’t know what they will do at this stage.
Canadian supplement of PwC’s Global Family Business Survey. For the next five years, attracting a skilled workforce is the top concern for 62 per cent of Canadian family businesses, while the economy is the primary issue (66 per cent) for global respondents. Sharon Duguid, Director, Centre for Entrepreneurs and Family Enterprise, PwC, says “The difference lies in the relative stability of the Canadian economy, aging workforce and the tight talent pool Canada is facing.” Duguid continues,“Everyone is competing for the same talent. Typically, family businesses are not able to compete with multinational players when it comes to compensation. On the development end, their conservative growth strategies are not appealing for younger talent who want to climb the ranks quickly.”
“Few families in Canada are having the conversation and asking their children whether they’re interested in taking over or not, whereas in Europe and Asia, families start that dialogue with their children early on,” says Duguid.“It’s critical to be transparent and set the guidelines on how the business will be transferred from one generation to the next because this can build the family firm - or break it.”
Please say you saw it in The Commercial Investor
Volume 13 Issue 03
Commercial Real Estate & Business Opportunities
Duguid adds,“Clear communication is essential throughout the entire business, especially when dealing with conflict. It’s important that the right procedures are in place to resolve issues as efficiently as possible.� More than 80 per cent of those surveyed have procedures in place to deal with family conflict. The top three procedures include:
45
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account for a quarter of total sales today and
is a problem for Canadian family business,�
The PwC Family Business Survey 2012 covers family companies with a sales turnover of more than US$5 million in over 30 countries/regions: Australia, Austria, Belgium, Brazil, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, India, Ireland, Italy, Malta, Mexico, the Middle East (several countries), Romania, Russia, Singapore, South Africa, South Korea, Sweden, Switzerland, Taiwan, Turkey, the UK and the US. Interviews with top executives in 1,952 companies took place between June and September 2012. The 2012 Canadian supplement included 77 Canadian family business interviews.
says Tahir Ayub, Canadian Private Company
About PwC’s Private Company Services (PCS):
BSF FYQFDUFE UP HSPX UP QFS DFOU JO UIF OFYU mWF ZFBST i5IJT SFMVDUBODF UP FYQBOE JOUP HMPCBM NBSLFUT
4FSWJDFT -FBEFS 1X$ i(SPXUI BDUJWJUZ MJFT JO UIF EFWFMPQJOH NBSLFUT XIFSF UIF EFNBOE is. It’s impossible to grow significantly in UIF OFYU mWF ZFBST VOMFTT ZPV EJWF JOUP UIF JOUFSOBUJPOBM NBSLFUT w Canadian family businesses cite a number
More than 65 per cent of PwC Canada’s clients are private companies, ranging from high net worth individuals to owner-managed family businesses and large, professionally-managed businesses. PwC’s Private Company Services (PCS) group is a dedicated team of business advisors who help private company owners resolve day-to-day business issues and achieve long-term success. PCS offers the perspective of a third party with professional industry knowledge, business consulting, tax and accounting expertise. For more information about PwC’s Private Company Services, please visit www.pwc.com/ca/private. About PwC Canada:
of factors as challenges to international
PwC Canada helps organizations and individuals create the value they’re looking for. More than 5,700 partners and staff in offices across the country are committed to delivering quality in assurance, tax, consulting and deals services. PwC Canada is a member of the PwC network of firms with close to 169,000 people in 158 countries. Find out more by visiting us at www.pwc.com/ca. PwC refers to the Canadian member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.
FYQBOTJPO t &YDIBOHF SBUF nVDUVBUJPOT QFS DFOU
t $PNQFUJUJPO QFS DFOU
t $POUBJOJOH DPTUT QFS DFOU
“Regardless of size, we’re digitally connected.
Twitter at @PwC_Canada_LLP Facebook at www.facebook.com/pwccanada.
"OZPOF DBO SFBDI JOUP ZPVS NBSLFU BOE PGGFS consumers the same product or service,� says Ayub.“At the same time, Canadian family businesses also have the same opportunity
SOURCE: PwC Management Services LP
Please say you saw it in The Commercial Investor
46
Volume 13 Issue 03
Commercial Real Estate & Business Opportunities
Sutton Group Heritage
RANDOLPH LENGAUER SALES REPRESENTATIVE
1-866-436-0990
905-259-2020
4912_DJW_0003
rlengauer@sutton.com
OSHAWA INDUSTRIAL 2 Industrial buildings, 42,234 sq ft Fully leased. 4.8 acres. Paved & fenced compound for 400 cars. 11268295_0913
PhaseOne PhaseTwo SiteRemediation Environmental Site Assessments
For ~ purchasers ~ vendors ~ realtors and lenders 8297113_0913
Greater Toronto Area
Asking $3,195,000
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
Volume 13 Issue 03
47
Commercial Real Estate & Business Opportunities
Tony Giannini Sales Representative
1140 Burnhamthorpe Rd., Suite 141 Mississauga, ON
905-270-2000 Email: agiannini@trebnet.com 9774309_0913
#BZ $PJO %SJWF UISV UPVDIMFTT SPMMPWFS QMVT EFUBJMJOH #BZ #VTJOFTT $BS 3FOUBM #VTJOFTT 4JUVBUFE PO BDSFT BOE DMPTF UP WFSZ CVTZ 8BMNBSU 1PXFS $FOUSF $BO PQFSBUF BT BCTFOUFF PXOFS PS IBOET PO 7FSZ QSPGJUBCMF )JHI SFUVSO PO JOWFTUNFOU "TLJOH .VTLPLB BSFB $BMM UP WJFX 0913_DJW_0086 0913_DJW_0087 0913_DJW_0088 #BZ $PJO $BS 8BTI PO BDSF 7BDBOU MBOE DBO BMTP CF EFWFMPQFE GPS Y 1VCMJD TUPSBHF VOJUT "TLJOH 0913_DJW_0089
$PNQMFUFMZ HVUUFE BOE SFOP E SFBEZ GPS ZPV UP PQFSBUF ZPVS CVTJOFTT BOE PS MJWF SFOU $PNNFSDJBM VOJU GPS HSPDFSZ DPOWFOJFODF SFTUBVSBOU DBGF FUD BOE SFBEZ UP NPWF JO BQBSU NFOU VQTUBJST $BMM GPS FYDMVTJWF WJFXJOH "TLJOH
&YDFMMFOU 0BLWJMMF %FWFMPQNFOU TJUF BDSFT $VSSFOUMZ SFOUFE GPS NUI 3PBE UP CF XJEFOFE EJSFDUFE UP OFX IPTQJUBM 6TF BT DPO USBDUPS ZBSE PS EFWFMPQ "TLJOH 0913_DJW_0090
5XP VOJUT GPS TBMF JO /PSUI 8FTU .JTTJTTBVHB BSFB $BO QVSDIBTF TFQ BSBUFMZ PS UPHFUIFS UPUBM PG TR GU BOE BTL JOH
0913_DJW_0091
0913_DJW_0092
PRINCIPALS ONLY t #BZ $PJO $BS 8BTI 3FOUBM #VJMEJOH "TLJOH .JM t #BZ $PJO $BS 8BTI 5VOOFM $PNNFSDJBM 3FOUBM JODPNF )BNJMUPO "TLJOH .JM t .JTTJTTBVHB 1MB[B "TLJOH .JM $"1 t .JTTJTTBVHB 1MB[B "TLJOH .JM $"1
URGENTLY Needed for anxious qualified buyer. High volume gas stations and High Volume coin Laundromat. Retail strip plazas. High volume car wash. SELLING!! CALL NOW FOR FREE CONSULTATION Please say you saw it in The Commercial Investor
Greater Toronto Area
RE/MAX PERFORMANCE REALTY INC., BROKERAGE
48
Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
iSPEC
Commercial/Industrial Property Inspections Environmental Phase 1 and 2 Mold / Air Quality Testing / Remediation FIT Solar Design / Approvals / Installations Energy Audit Review Site Plan Permits & Drawings Approvals Structure Design / Inspection Reserve Fund Studies
11265623_0913
in association with Al Inspection Group provides services for the investors:
info@a1inspectiongroup.com www.a1inspectiongroup.com
Direct: 416-995-4374 / 416-820-8309 Office: 905 - 455 - 0004
Greater Toronto Area
26 BED HOME CARE FACILITY TORONTO 17 HSC BEDS 9 HOME CARE BEDS $1,999,000 - 13% CAP RATE!!
36 BED HOME CARE FACILITY OTTAWA AREA GROSS INCOME $550,000 - $600,000 PER YEAR $1,300,000 - 18.7% CAP RATE!!
START A NEW LIFE!! - SAVE $60,000 TO $90,000 P.A.!! LONDON & KINGSTON GOVERNMENT FUNDED HSC’S*
Actual picture of the homes not shown to protect residents privacy
Beautiful ravine setting on a lot with 200’ frontage Home in pristine condition. Meets all fire and safety codes. Sprinklers installed. Public transport at door. LOW OPERATING COSTS!!
This purpose-built 36 bed home is great value at $36,000 per bed. Built in 1989 to modern codes for easy maitenance. Great floor plans with elevator. Residents funded and paid by government $1500 per bed/month.
0913_DJW_2_0044
0913_DJW_0052
London home has 8 HSC beds with a gross of $140,000 p.a. Only $549,000! Kingston home has 5 HSC beds with a gross of $90,000 p.a. Only $349,0000! These net incomes are tax exempt and cover all the living expenses for the on site owner/operator. * Home for Special Care (HSC) Ministry of Health funded.
MICHAEL SHMUKLER, BROKER Sutton Group Select Realty Inc. Brokerage
michael@michaelshmukler.com www.MichaelShmukler.com - click on I.C.I properties Please say you saw it in The Commercial Investor
11253451_0913
519-433-4331 519-318-1622
Volume 13 Issue 03
49
Commercial Real Estate & Business Opportunities
8975448_0913 0913_DJW_1_0015
$420,000 LOCATED ON A VERY BUSY MAIN ROAD! GREAT EXPOSURE, OVER 950 SQ FT, CAN BE USED FOR MULTIPLE PURPOSES EG, LAWYERS OFFICE, DENTIST, ACCOUNTANT, PHYSIO, BEAUTY SALON, COMPLETELY UPG WITH NEW FLOORING, DRYWALL, KIT & BATH! TONS OF PARKING AVAILABLE!
0913_DJW_0070
$450,000 GREAT OPPORTUNITY TO OWN A VERY BUSY MEDITERRANIAN RESTAURANT! GROWING FRANCHISE, LOW 2% ROYALTY, TURN KEY OPERATION, GROSS ANNUAL SALES OF 600K, ALL EXIST EQUIPMENT INCLUDED, SELLER WILLING TO TRAIN, LLBO LICENSED!
0913_DJW_4_0020
$460,000 BRAND NEW 1535 SQ FT UNIT IN A NEWLY DEVELOPED PLAZA! TONS OF PARKING, EXCELLENT EXPOSURE! IDEAL FOR PROFESSIONALS & SMALL BUSINESS OWNERS!
0913_DJW_2_0021
$129,000 EXCELLENT OPPORTUNITY FOR A YOUNG CHEF OR FOR THE FAMILY RUN EATERY! WELL ESTABLISHED PROFITABLE RESTAURANT IN THE HEART OF “STREETSVILLE”! LLBO, SEATS 45 PEOPLE, LOYAL CLIENTELLE!
0913_DJW_2_0015
$319,000 GREAT OPPORTUNITY TO OWN A RETAIL/VARIETY STORE + A 3 BDRM APARTMENT ABOVE! APPROX 3,360 SQ FT TOTAL (STORE IS ROUGHLY 1,900), STOCK IS NOT INCLUDED IN THE SALE!
0913_DJW_1_0014
$335,000 GREAT EXPOSURE ON A VERY BUSY STREET! OVER 900 SQ FT! TONS OF PARKING AVAILABLE! CAN BE USED FOR MULTIPLE PURPOSES! UNIT IS ALSO AVAILABLE FOR LEASE!
$179,000
$79,999
CONVENIENCE STORE SERVING THE COMMUNITY FOR DECADES! EXCELLENT LOCATION WITH TONS OF TRAFFIC, TURNKEY OPERATION THAT INCLS ALL FRIDGES, FREEZER & SHELVING, ATM & LOTTO! LARGE CUSTOMER BASE & PARKING SPOTS!
SITUATED IN A BUSY CORRIDOR OF BRAMPTON! DOLLAR STORE WHICH COMES FULLY EQUIPPED WITH AN ATM & LOTTO STALL! UPG SHELVINGS, COUNTER & NEW SECURITY CAMERAS! PERFECT FOR THE FAMILY RUN BUSINESS! PURCHASE PRICE DOES NOT INCL. THE INVENTORY!
$30 SQ FT GROSS GREAT LOCATION FOR A PROFESSIONAL OFFICE! CAN BE LEASED FROM 1000 TO 7000 SQ FT! CURRENTLY DIVIDED IN 3 UNITS WITH SEPARATE OFFICES! PLENTY OF PARKING!
Please say you saw it in The Commercial Investor
Greater Toronto Area
TERRIFIC INVESTMENT OPPORTUNITY! GREAT LEGAL TRIPLEX! TWO, 2 BDRMS APARTMENT + A ONE BDRM BSMT APARTMENT! TOP FLOOR OWNER OCCUPIED! GREAT CASH FLOW! RENT ALL 3 UNIT OUT OR LIVE IN ONE & RENT THE OTHERS! 0913_DJW_1_0013
$625,000
WASAGA BEACH OPPORTUNITY! COMMERCIAL BUILDING IN A HIGH TRAFFIC AREA! PRESENTLY USED AS A RESTAURANT & TENANT IS WILLING TO CONTINUE! CLOSE TO WALMART & OTHER PRIME FRANCHISES! 103 X 165 FT LOT! 0913_DJW_3_0012
$699,000
EXCELLENT OPPORTUNITY TO OWN A GREAT 12,000 SQ FT INVESTMENT PROPERTY! $140K SPENT IN UPGS, NEWLY RENOVATED 2ND LEVEL, 9 ROOMS, ANNUAL EXPENSES OF $62K, GREAT MONEY MAKING OPPORTUNITY! 0913_DJW_0069
$1,750,000
0913_DJW_0068
0913_DJW_2_0011
0913_DJW_0067
Sam McDadi Real Estate Inc., Brokerage
50
Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
Greater Toronto Area 8647857_0913
Please say you saw it in The Commercial Investor
51
Commercial Real Estate & Business Opportunities
11237352_0913
Greater Toronto Area
Volume 13 Issue 03
Please say you saw it in The Commercial Investor
52
Volume 13 Issue 03
Commercial Real Estate & Business Opportunities
R E TAI L PLA ZA S RATES AS LOW AS 3.5%
SELLERS
BUYERS
expand your portfolio
own a retail plaza
Equity Take-Out Mortgage Program
Retail Plaza Investment Mortgage Program
We offer qualified property owners the ability to leverage your existing property to expand your portfolio. This program also allows you to consolidate debts and even provide private lending.
We package retail plazas with mortgages pre-arranged with our preferred lenders. Rates as low as 3.5% for qualified buyers.
Fourplex Mortgage Program
Seller Take Back Mortgage Program
This program has proven very successful, as most commerical deals die due to financing, and with our lender relationships, we tailor the property income to the debt, allowing a Qualified Buyer to buy a “turn-key” investment property. Own an investment that you can truly control. Rates as low as 2.75% for qualified buyers
Call for details.
Private Mortgage Program Become a Lender. Call for details.
Commercial Mortgage Broker
Lic# 11514
647.547.2122 Ext. 119 1.855.547.2122 Ext. 119
Receive Alerts for Retail Plazas & 4PLEX Opportunities
11250884_0913
Lijoy Ulahannan
Just Send Email to:
Greater Toronto Area
info@fourplexmortgage.com
Smart Choice Realty Solutions Brokerage Office: 416.743.2285 leohara@rogers.com
Leonardo Hara
647.668.4272
SALES REPRESENTATIVE
www.leonhara.com – – – – – – – – – – – – – – – – – –
PLAZAS: Toronto - 22 acres - 300,000 sf Business Centre - 45 mil - 8% CR Gas stations in Toronto, Collingwood, Barrie, Niagara Falls etc. Toronto - 38 mil - 9 % cap rate 70 km west of Toronto - 20 Mil - 7% CR - with Potential Toronto - 10.7 mil – Excellent Tenants 300 km West - 11.5 mil - AAA Tenants Toronto - never vacancy - 8.75 mil - 7% Cap Rate Markham - 7.8 mil - AAA Tenants Waterloo - 7.5 ml - 7% CR Shoppers Drug Mart - 400 km West - 6.1 mil - 7.6% Cap Rate SOLD Peterborough plaza - 4.9 mil - 7.6% CR SC Stratford - 2.5 mil - 7.2% Cap Rate - SOLD Conditionally Plaza - 130 km west - 2.4 mil - 7.5 Cap Rate Toronto - Danforth - 2.2 mil Toronto - Danforth - 1.49 mil - Spadina - comm./res. zoning Sarnia - 1.25 mil - 9% CR - Sold Conditionally Sudbury - 1.19 mil - 11% Cap Rate
LEASE – Toronto Centre - Office Space from 700-9000 sf – Industrial/Office Flex - HWY 427/QEW - 2500-58000 sf. – Brampton - 42,000 sf Industrial M2 Building
8148048_0913
– – – – – – – –
PROJECTS/DEVELOPMENT, LAND Markham - 20 acres - 30 mil Whitby - 8.7 mil - 10 acres - planned for 350 residential Toronto - Bloor West - 7.9 mil - High Rise Condo Potential + present income Cambridge - 4.7 mil - 8 acres - site approval for 182 condos Orangeville - 4 mil - 53 acres (business park) and 1 mil - 17 acres (employment) 3 Acres in Guelph - 1.8 mil - approved for Gas Station - busy intersection 3 acres Scarborough - 1.6 mil - Industrial Zoning Toronto - East - 1.3 acres 265 unit condo building - 2.2 mil - near University
– – – – – –
APARTMENT BUILDINGS/MOTEL/HOTELS Cambridge – 18 units over 7% CR Tillsonburg – 20 units – 7% CR 108 Units - Mississauga - 17.9 mil - 4.5% Cap rate London - 206 townhomes - 16.8 mil - 6.15% CR Sarnia - 31 units - 2.1 mil Toronto East - 102 units - 490K net
– – – – – –
MEDICAL, OFFICE & INDUSTRIAL Mississauga - 7.99 mil - 46,000 sf - excellent office building and location Kitchener-Medical Building -1.95 mil - 7% Cap Rate Mississauga - Medical Building - 1.74 mil - 6.45% Cap Rate Toronto - 9% Cap Rate - 2.5 mil - industrial Office Building - Windsor - 1.285 mil - 11% Cap Rate Kitchener - 5 mil - 7.4%CR - Office Building
Let a real estate investor, manager & realtor help you sell, buy or manage properties, implementing optimal marketing, management and investing strategies... Please say you saw it in The Commercial Investor
Volume 13 Issue 03
53
Commercial Real Estate & Business Opportunities 11256004_0913
DTZ, a UGL company 900-50 Burnhamthorpe Road West, Mississauga, Ontario, L5B 3C2
Tel: 905 848 1215 www.dtz.com BANQUET HALL: FINCH & HWY 400 Convenient Toronto Location: Fully furnished and well maintained facility. 1.36 acre land. Lots of parking. Beautifully finished. 2 separate banquet rooms for 2 separate functions. 2 kitchens & lobby. Elevator to 2nd floor banquet hall. Seat up to 900 people. Property zoned for many uses. Financing available to qualified buyer. Must sell. ASKING PRICE $2,975,000. 0213_DJW_1_0077
AL
ON I T I D N O C D SOL
SOLD NAL IO NDIT
CO
NEW LOCATIONS 1. Highway Location: Brand New Esso with On The Run & Tim Horton’s. Asking price: $3,000,000 2. Hamilton area: 2 million L vol, store: $450,000/yr, carwash: $100,000. Corner lot. Lots of potential to grow volume & business. Asking price: $1,100,000
RESTAURANT
GODERICH, ON
VERY BUSY LOCATION EAST OF KINGSTON OFF OF HWY 401
Established gas station with Touchless Car Wash, Convience store & Lotto. Good Volume & Store sales. All FG tanks & lines. Great for owner operator. Self Serve full canopy. Asking Price: $849,000
Annual Sale: $1.8 Million! Great location next to highway exit. Lots of local & Hwy business. Long lease available for the right opertor. For more information call Agent.
N/E OF GTA & DURHAM REGION 1. 9 Million L, Store: $1,200,000 Car Wash: $175,000, Lotto & ATM. ASKING: $3,000,000
3. 14 Million L, Store: $650,000, Business still growing. ASKING: $4,900,000
4. Windsor: 5.5 million L, Store: 1.2 million. Carwash: $150,000. Net income: $550,000/ yr. Asking Price: $3,500,000
4. 6 Million L & Growing. Store: $600,000. ASKING: $2,400,000
INVESTMENT PROPERTIES
2. Small Retail Plaza. NOI: $47,000. 8.5% Cap Rate. 3. AAA tenant. Mixed retail. NOI: $77,000. 7.0% Cap Rate.
6. Volume 20 Million L! Large portion of Rental Income, Busy Store, Propane, ATM, Lotto. Complete package with one stop shopping. Excellent location, No competition!!! Great Margin on gas & store. 2 Gas station Package. ASKING PRICE: $6,500,000
Newly upgraded site with pumps, tanks, car wash & store. Gas volume: 5.5 million L, Store: $450,000. Car wash: $150,000. ATM & Lotto income extra. Good monthly rental income
ASKING PRICE: $2,600,000
MORE NEW EXCITING OPPORTUNITIES AVAILABLE IN GTA & SURROUNDING MARKETS.
RESIDENTIAL - WOODSTOCK
5. Retail Plaza. West of Hamilton. Mixed Use Retail. NOI: $110,000. 7% Cap Rate
PRINCIPALS ONLY
WEST OF LONDON
5. 10 Million L, Store: $600,000, Rental Income: $32,000. ASKING: $2,700,000
4. Mixed Use Medical Plaza. NOI: $263,000. 7.75% Cap Rate.
6. LCBO & Shoppers Drug Mart Plaza. 6.5% Cap Rate
Mississauga: Excellent location, 155,000 SF, 24’ clear height, lots of paarking. For further information, contact broker. For Lease and/or Sale.
2. 9 Million L, Store: $700,000, Car Wash: $150,000 + Rental Income. ASKING: $4,700,000
3. Niagara: 3.5 million L, propane: $80,000/ yr. Home on the property. With property: $2,500,000 or business only: $199,000
1. Medical Building West of Guelph. NOI: $146,000. 8.5% Cap Rate
INDUSTRIAL BUILDING
GTA LOCATIONS AVAILABLE FROM AS LITTLE AS $15,000!
ATTENTION DEVELOPERS: 3 storey brick building on approx. 2.5 acre land. Property is zoned for residential. Build up to 75 units. Uses: condos, apartments, office, warehouse, or run business as is. HUge upside potential.
NEW REDUCED ASKING PRICE: $1,500,000
“Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. DTZ Barnicke Limited, Real Estate Brokerage 2012.”
Please say you saw it in The Commercial Investor
Greater Toronto Area
BANQUET HALL
Convenient Location. Beautifully furnished. Good sales. Accommodate upto 1100 people in 4 rooms. Large Lobby with a grand entrance. Land & Building also available for sale. Call for more info. BUSINESS ONLY: $599,000
54 inthenews
Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
Small business welcomes fixes to unfair credit card practices Federal regulator sides with CFIB on unfair credit card practices The FCAC has clarified rules around the application of the Code of Conduct for the Credit and Debit Card Industry in Canada (the Code) that address concerns raised by CFIB. These changes include the practice by some rogue players in the credit card industry to circumvent the Code by splitting contracts to trap small merchants into exorbitant fees. “We commend the FCAC and other industry players for siding with small merchants by clarifying acceptable business practices in the Canadian payments industry,” said CFIB president and CEO Dan Kelly.“The Code is doing what it was intended to do - protect consumers and merchants.” FCAC provided the credit card industry with guidance on the following issues raised by CFIB: Inappropriate sales and business practices: no altering of signed contracts without merchant consent; no quoting of rates that will not be honoured; give merchants copies of contracts. Disclosure to merchants in multiple provider agreements: Contracts for debit/credit card processing services, especially for those businesses with multiple provider agreements, must be clear and easy to understand, and include certain information specified by FCAC.
T
he Canadian Federation of Independent Business
(CFIB) welcomes
today’s decision by the
Financial Consumer Agency of
Multiple contract cancellation penalties, costs or fees: The Code presently allows merchants to cancel their credit/debit contracts without penalty if their fees go up. However, some Independent Sales Organizations were trapping merchants by applying large exit penalties to separate contracts for leased equipment. It has been clarified that the right to cancel a credit/debit processing contract without penalty also applies to any related contracts. CFIB spearheaded the creation of the Code in 2010, and has continued to work closely with the federal government and agencies like FCAC to protect small businesses from unfair treatment by the payments industry. In the days ahead, CFIB hopes for more good news, including a long-awaited ruling from the Competition Tribunal on further measures to help small merchants.
Canada (FCAC) to clarify and strengthen rules that prevent some unfair practices in the
As Canada’s largest association of small- and medium-sized businesses, CFIB is Powered by Entrepreneurs. Established in 1971, CFIB takes direction from more than 109,000 members in every sector nationwide, giving independent business a strong and influential voice at all levels of government and helping to grow the economy.
credit card industry. Please say you saw it in The Commercial Investor
Volume 13 Issue 03
55
COMMERCIAL BLDG ON KEELE ST
283 FRONTAGE ON YONGE ST.
11267153_0913
Commercial Real Estate & Business Opportunities
TORONTO
BRADFORD
100 x 25 ft. lot with 7200 sq. ft. Building producing $90,000 gross income. Annual taxes $17,464, tenant pays there own utilities. There is a total of 3 units occupied by 2 tenants. Rear 2 units are truck auto repair with long lease, front unit is a 3 bay Auto mechanic & repair shop can be taken over by building buyer. Seller VTB available. Great investment also potential for future-development. Located in Toronto. Call Tom Today. $999,000
IncomePropertyForSale.ca
ASKING $1,750,000
121 BridgeStreet.com
AUTOMOTIVE REPAIR
RESTAURANT/BAR 90 SEATS LLBO
Upscale restaurants FOR SALE: one with 90 seats and over 4000 sq feet in a busy Mall in Mississauga Ontario, with exterior access and liquor licensed patio with wrought iron and 40 seats. The other restaurant has 125 seats plus 25 patio, with an amazing 6180 sq feet with an amazing Annual Sales increase month over month. This business features an all day breakfast, also a full menu, and is famous for the selection of crepes and deserts. The concept has won franchise of the year award from the CRA 2012 Franchisees’ Choice Award Winner, presented by the Canadian Franchise Association. This operation requires an operator who is hands on, and also has a good command of management with a staff of 22-25 personnel. ASKING $699,000
Established Profitable Business For Over 35 Years. Please Be Dis creet, Owner Retiring And Will Provide Full Training To New Buyers, Avg Sales $350-$400K Per Annum, New Lease to buyer, $2800/Mo + Hst +$500 TMI. Long Lease terms available. All Newer And
Upgraded Equipment, Newer Scissors Lift With Alignment, Above Ground Hoist And A Drive Clean Accreditation And Equipment. Ser Scanner, Bmw, Also Universal Scanner. Retirement sale.
ASKING $99,000
SymposiumForSale.ca
PANAGIO’S BREAKFAST & LUNCH
-
vicing Luxury Clients, Equipped With Oem Mercedes Scanner, Honda
KeeleAutoRepairForSale.ca
BAKERS DOZEN
BUSY SUPERIOR TIRE & AUTO FOR SALE
WOODSTOCK ONTARIO Free standing building 2090 sq ft on a very busy corner location. This business has a total staff of 8 and is open only until 3 pm daily. Easy one shift operation, enjoy family life and be home by 3:30 pm daily. The new buyer will receive 3 weeks of training included in the sale of the business. Great sub lease terms for buyer. Please do not walk in and disturb all staff. Please do not ask if this business is for sale. All inquiries will remain confidential. Several locations under way in GTA.
Asking Price $249,000
BaconEggs.ca
Located at Norwich Ave & 401, this business has been established over 25 years serving coffee to the Woodstock area. This Location has a busy DRIVE-THRU and averages $35K monthly sales. The Monthly rent is $5000 incl. HST. The buyer must perform a renovation within 6 months of purchase approximately $70K.
Asking $149,000 TURN KEY
BROKERAGE*
11160 Yonge St. Richmond Hill *Each offie is independently owned and operated *Not Intended to solicitor properties currently listed
and full service to customers and fl eet as well. Large showroom with plenty of offi ces and storage areas. This Shop is 8 bays and Equipped with, New A/c, Nitrogen air, new alignment, new scanners, so much more. Sales over $700k per annum. Inventory
extra $60k. Training for the right person provided.
$319,000
BakersDozenForSale.ca
2010 2011 CENTURY 21 HERITAGE GROUP LTD.,
Here is a Tire & Auto Shop located on busy Hwy 7 in Woodbridge. Specializing in customizing wheels, tires, L.E.D. shocks, lowering,
MORE AVAILABLE, CALL TOM THE AUTO KING
SuperiorTireForSale.ca
Tom Tsambourlianos SALES REPRESENTATIVE
TORONTOBUSINESSFORSALE.CA CALL TOM DIRECT 416-520-3601 2009
Please say you saw it in The Commercial Investor
Greater Toronto Area
26,000 sq ft building, minutes north of Newmarket on Yonge Street with 10 units, some vacancies, potential income $170,000, priced below market value. Needs TLC. Open to reasonable offers and seller will consider VTB.
56 inthenews
Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
Ontario Business Confidence Index shows businesses plan to expand, but are unsure about future of Ontario economy Index comes as business leaders, think tank, and pollster table agenda for new Ontario premier on how to strengthen the Ontario economy
T
he Ontario Business Confidence Index shows that most Ontario businesses are confident in their own outlook (72 per cent) and are planning to expand over the next five years (60 per cent). However, the same businesses are unsure about the overall direction of Ontario’s economy – 41 per cent express confidence. The index is a survey of 2,386 businesses and was conducted as part of Emerging Stronger 2013, a business-driven economic agenda for Ontario released today by the Ontario Chamber of Commerce and its network of local chambers, along with their research partner, the Mowat Centre at the University of Toronto. Emerging Stronger 2013 is a transformational agenda aimed at accelerating Ontario’s economic growth. It identifies Ontario’s challenges and advantages, and sets out practical and detailed recommendations for government and business. Some of its key recommendations include: enabling better access to capital for startups and small businesses through crowd funding; encouraging businesses to employ more Aboriginal people and people with disabilities; opening up more government services to private sector and not-for-profit delivery; utilizing Ontario’s large immigrant population
to grow exports; and, allowing more employers to participate in training. The agenda comes days after Kathleen Wynne was named Ontario’s next premier and is intended to provide a non-partisan platform that should appeal to all three parties. “The Ontario Chamber of Commerce has criss-crossed this province engaging and hearing from local chambers and their 60,000 members,” said Allan O’Dette, CEO of the Ontario Chamber of Commerce.“We are confident that Ontario has all the assets to prosper, but we need to act collectively, strategically, and with purpose.” “This Index is one of the largest surveys ever conducted of business opinion in Ontario,” according to Dave Scholz, vice president of Leger Marketing, the pollster.“Business sentiment is very much ‘glass half-full’ in the province right now.” Among the survey findings are: 1.
Ontario is falling behind on productivity: only 10 per cent of respondents believe their sector is a global leader in productivity.
2.
Some sectors are much more confident than others: the financial services sector is the most confident in their own outlook (74 per cent say their business will expand in the next 5 years).
3.
Businesses are struggling to diversify their exports: 45 per cent of Ontario businesses view China as the most critical market in the next five to 10 years. Yet only 1.4 per cent of Ontario’s exports are bound for China.
4.
The debt and deficit remain big concerns: 26 per cent of businesses believe Ontario is going in the right direction when it comes to restoring fiscal balance.
5.
Businesses are most likely to respond, that the economy is heading in the right direction (48 per cent), while Eastern Ontario businesses are the least likely (36 per cent).
SOURCE: Ontario Chamber of Commerce
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57
Commercial Real Estate & Business Opportunities
Gyanesh Paliwal
An Independent Member Brokerage
Gpaliwal@trebnet.com RealValueHome.com
416-823-1248
Gurdeep Sandhu
Realty Specialists Inc. Brokerage
6850 Millcreek Drive Mississauga, ON L5N 4J9 Office: 905-858-3434
gssandhu@rogers.com gurdeepsandhu.com
647-262-9091 KITCHEN CABINETRY BUSINESS FOR SALE ASKING $149,900 Fully equipped Cabinet Manufacturing Business for sale. Over 250K spent to set up the shop at 5800 sq ft area. New lease at Buyer’s Wish to be provided. Present rent $3547 that included TMI and water. Owner will train new buyer. 0913_DJW_2_0063
INDUSTRIAL CONDO AUTOMOTIVE USE FINCH/HWY 400 ASKING $799,000 A great opportunity for User/Investor. Total 6 bays converted presently to 4 Bay unit, 3 leased out generating gross income of $73,200/yr approx from three leased units. Buyer can assume profitable autobody business or lease and get more income. Owner retiring. Turn key operation. Automotive equipment available at extra cost ($60,000 negotiable). 0913_DJW_2_0064
COMMERCIAL/RETAIL/OFFICE SPACE FOR SALE $960,000 3200 sq. ft. retail/commercial/office space right on 3300 Steeles Avenue West in Vaughan, On. In busy plaza located beside McDonalds and Tim Hortons. Lots of parking. Facing Steeles. Great frontage and signage. Back door entry available. Suitable for retail, professional, offices, medical, showroom, etc. Close to Highway 400 and 407. Steps to new Subway Station, York University and minutes from Colossus and Vaughan Mills Shopping Malls. MLS # N2521390. Agents are welcome. 0913_DJW_2_0065
ESSO GAS STATION FOR SALE NIAGARA REGION - ASKING $619,000 Great opportunity to be your own boss. Esso Gas Station with convenience store, Lotto/649 with three bedroom house. Corner property close to Hospital and inside community area. Approx income 90K plus/year after all expenses, fibre glass tanks, 2 pumps. 0913_DJW_2_0066
RETAIL/OFFICE CONDO FOR SALE $479,786 1247 Sq Ft. in Vaughan, ON - at Hwy 7 & Weston Road prime location, prestigious Plaza with 18 ft clear height, condo unit - excellent for retail/office or suitable for many other uses. This is the high demand & most growing area of Vaughan. Minutes from Hwy 7, 400, 407, Tim Hortons, Petro Canada, Shopping Centre. New Subway coming in near area. Agents also welcome. 0913_DJW_2_0067
Please say you saw it in The Commercial Investor
Greater Toronto Area
8629802_0913
Volume 13 Issue 03
58
Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
CENTRAL ONTARIO COVERING: #BSSJF t $PMMJOHXPPE t .VTLPLB t /PSUI #BZ t ,BXBSUIB -BLFT .JEMBOE t .FBGPSE t 1BJTMFZ t 1BSSZ 4PVOE t 0SJMMJB 0XFO 4PVOE t 4VECVSZ t 8BMLFSUPO For advertising information contact Doreen Wills Tel: t EPSFFO XJMMT!XBMM XBMMNFEJB DPN t UIFDPNNFSDJBMJOWFTUPS!XBMM XBMMNFEJB DPN Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
perry-wuest@coldwellbanker.ca
COTTAGE Montreal River, miles of Waterfront wilderness adventure. Over 14 acres. 3 bedroom cottage, set up & ready to take over. Water access only. $79,900. MLS 112384. Call Bill.
0913_DJW_2_0012 0913_DJW_1_0009
0913_DJW_1_0041
E IC PR 00 W ,9 NE $59
0913_DJW_1_0408
FORMER THEATRE Storefront & two apartments, all downtwon Kirkland Lake. Presently vacant waiting for your new ideas. Asking only $59,900. MLS 121571. Call Bill.
WATERFRONT Almost 1 mile shoreline with 141 acres on beautiful long lake. Miles of excellent boating & fishing with great hunting as well. Well treed with lofty pines etc. Year round road, organized township, excellent potential to develop. Robillard Twp. Asking $349,900. MLS 111637. Call Bill.
0913_DJW_1_0401
HOTEL Large bar/restaurant licensed for 206 people with 36 person patio. 2 bedroom apartment & 9 hotel rooms upstairs. Full basement, lots of parking. Busy main corner in Earlton. Many recent updates. Asking $249,000. MLS 122025. Call Bill
0913_DJW_2_0042
MONTREAL RIVER 168 Acres with over 900’ on the beautiful Montreal River. Just North of Elk Lake. Development potential. Excellent boating, fishing, & hunting. Asking $179,900. Call Bill. MLS #122045
LARGE BUILDING Updated & added onto in 1985, 3,600 sq’ plus garden centre 2,160 sq’ & storage building 1,000 sq’. Corner lot downtown Earlton. Many possibilities here. Asking only $69,900. MLS 102746. Call Bill.
0913_DJW_2_0025
BAY LAKE 280’ Waterfront on beautiful Bay Lake with over 50 kms of excellent boating, fishing, & hunting available. 8 plus acres of towering pines & forest with 32’x40’ garage built in 2008. Ready to just build your dream home or cottage get away. Asking $179,900. Latchford. MLS 121144. Call Bill.
0913_DJW_2_0082
PRIME LOCATION Retail service, fuel, & more at the main corner in town overlooking the Beautiful Montreal River. Lots of potential to use this property for a variety of uses. Busy Mining, Forestry, & Tourist Area. Elk Lake. Building & Land Only. $199,900 MLS 120066. Call Bill.
SPECTACULAR TEMAGAMI! Own one of the rare, road accessible homes on Lake Temagami! This solidly built home is on a gorgeous lot with amazing views and Southern exposure with a bright, vaulted ceiling, living room, pleasant kitchen and two bedrooms plus den. This one level home is intelligently designed and very comfortable. Asking $179,500. MLS 121771. Call Perry.
bill-byers@coldwellbanker.ca
WATERFRONT LOTS Long Lake, 25 miles of excellent boating, fishing & hunting. Approx. 3 acres each with road access. Financing available with low down payment or rent to ownt. Unorganized Township near Charlton. $59,900 each. MLS 112047. Call Bill.
0913_DJW_1_0411
DEVELOPMENT POTENTIAL Approximately 80 acres with large Highway & Street frontage at the edge of Town in beautiful Elk Lake. All services at the road. Asking $129,900. MLS 121140. Call Bill.
Bill Byers, Sales Representative Perry Wuest, Sales Representative
0913_DJW_1_0416
0913_DJW_1_0008
www.temiskamingrealty.com
0913_DJW_2_0400
BROKERAGE New Liskeard, Northern Ontario
E IC PR 500 W 9, NE $17
9857729_0913
1-866-557-1110 705-647-1110
TEMISKAMING REALTY LTD.,
E IC PR 900 W 9, NE $19
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Commercial Real Estate & Business Opportunities
WELL ESTABLISHED RETAIL Located in the busiest section of the picturesque Town of Haileybury. Solid numbers generated out of a solid building. Asking $249,000. MLS 112207. Please call Perry for more.
Please say you saw it in The Commercial Investor
Central Ontario
Volume 13 Issue 03
60 inthenews
Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
Calling Canada’s young entrepreneurs to compete for $100,000 Grand Prize Business owners aged 18 to 35 have until April 2 to enter the BDC Young Entrepreneur Award
T
he Business Development Bank of Canada (BDC) is accepting applications for the 2013 edition of the BDC
Young Entrepreneur Award! To win a $100,000 Grand Prize, entrepreneurs aged 18 to 35 are invited to present a turning point their company has reached and the solution they propose to take their business to the next level. A second prize, consisting of $25,000 in consulting services, will be awarded to the BDC Young Entrepreneur Award runnerup. The deadline for submitting applications is April 2, 2013, at noon, Eastern Daylight Time. “Showcasing and supporting Canada’s best business talent is an important aspect of our mandate,” says Michel Bergeron, senior vice president, Marketing and Public Affairs at BDC. “The BDC Young Entrepreneur Award is the premier venue to shine a spotlight on some of the challenges young business owners face today.” The contest is open to all Canadian entrepreneurs aged 18 to 35 as of December 31, 2012. Entrants must be Canadian citizens or permanent residents responsible for the daily management of a Canada-based business for at least two years as of December 31, 2012, and must hold at least 20 per cent of the company’s capital stock. Applicants are asked to create a short video describing a turning point their business has reached and the solution that will help them achieve future growth. This video – which
need not be professionally produced – should clearly explain the turning point solution, have good image and sound quality and be memorable. All entries have to describe a project that has yet to be implemented. “All companies reach a turning point,” says Bergeron.“Some may choose to tap into new markets by implementing an internet strategy; others may decide to acquire new equipment that will increase their overall profitability. Recognizing challenges early on and having a plan to tackle individual turning points is important for business and should rank high on an entrepreneur’s agenda.” “The value of participation goes beyond the monetary value of the award,” adds Bergeron.“The entire experience brings finalists tremendous exposure, public support, and access to people and resources that will ultimately help their companies grow. As impressive as the monetary awards may be, a better reason to compete is to get noticed by potential customers and investors.” Applications must be filled out and submitted online at http://www.bdcyoungentrepreneuraward.ca/. More information about 2013 BDC Young Entrepreneur Award eligibility criteria, the application process, the rules and regulations and the format of the video submissions is available on the contest’s microsite. For updates about the 2013 BDC Young Entrepreneur Award, follow BDC on Facebook, Twitter and LinkedIn. About the BDC Young Entrepreneur Award contest: Created by the Business Development Bank of Canada in 1988, the BDC Young Entrepreneur Award contest pays tribute to remarkable Canadian entrepreneurs between 18 and 35 years of age. Eleven finalists – one for each province and one for the combined territories – are short-listed to compete for a $100,000 Grand Prize. The winners are selected by public vote and a second prize of $25,000 in consulting services is awarded to the contest runner-up. The Financial Post and La Presse are the media partners of the 2013 BDC Young Entrepreneur Award. www. bdc.ca/yea About BDC: Canada’s business development bank, BDC puts entrepreneurs first. With almost 2,000 employees and more than 100 business centres across the country, BDC offers financing, subordinate financing, venture capital, securitization and consulting services to about 28,000 small and medium-sized companies. Their success is vital to Canada’s economic prosperity. www.bdc.ca SOURCE: BUSINESS DEVELOPMENT BANK OF CANADA
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Commercial Real Estate & Business Opportunities
11272219_0913
Volume 13 Issue 03
Located along the Trans Canada Highway corridor, between North Bay and Timmins, these listings are in the high growth areas of New Liskeard, Earlton, and Matheson. The economies are currently being driven by an explosion in agricultural and mining activity, resulting in increased demand for support services and presenting great investment opportunities due to rising prices. Good infrastucture for shopping, education, and health care, along with many outdoor recreational activities make this a great place to raise a family.
GREAT FAMILY BUSINESS
Amazing turn key opportunity! Located directly on Highway 11, this motel and restaurant would be a great investment. The motel features 10 renovated rooms, each with air conditioning units. There is a laundry room in the centre that could easily be transformed into another unit. The restaurant has a seating capacity of approximately 60 and is a popular rest stop for many travelling the North. It is also close to snowmobile trails. Avove the restaurant sits a 1200 sq ft living space that features 3 bedrooms and a large bathroom. This property has been very well maintained and would provide a great income to anyone willing to invest. Asking $595,000.
MLS #122339
0913_DJW_0022
SOLID COMMERCIAL BUILDING This commercial building in Earlton currently houses a chartered bank and a thriving variety store, which is the only one in the area. An additional office space is available to rent. Included in this offering is the variety store with all inventory and good will, and a long term lease with the bank. Owner operates the variety store which includes a lottery terminal, video rentals, and is a dry cleaning drop off centre. Conveniently located with established clientele, this great family business has plenty of room for expansion. This building has been well maintained with a new roof recently installed. Don’t miss this great opportunity. Asking $449,000. 0913_DJW_0023
MLS #130026
0913_DJW_0024
MLS #122377
EXCLUSIVE LISTING A solid business in an expanding market. Established for over 30 years, the 10,000 sq feet of retail space, and adjoining yard and storage-buiidings, carry a wide range of building supplies, retail hardware, and home products. This is a turn key offering and includes all inventory, equipment and good will. Act now to invest in this well managed listing with a proven franchise name. Tim-Br Mart... Trusted since 1967. Full financial and all other details available with Confidentiality Agreement to qualified buyers only. 0913_DJW_0025
INVESTMENT OPPORTUNITY Here are 489 Acres in the high growth area of Matheson. There are 331 Acres currently in production, with approximately 70 more that could be cleared. With another 1000 Acres currently listed for sale, adjacent to this listing, there is potential here for a sizable cash cropping operation. There is an older 2-storey home with recent updates and a good drilled well. This offering represents a great opportunity to invest now and beat rising land prices. Includes mineral rights. Asking $725,000. MLS #130267
0913_DJW_0026
GRAVEL AGGREGATES/FARMING INVESTMENT 520 Acres total, made up of 110 workable acres of farmland, 120 clearable acres, a well maintained home and 80 acres of gravel, with the balance in bush and pasture. Contract in place with local paving company creating a great potential of up to 1 million in aggregate sales, with guaranteed annual minimums paid. This is an incorporated business, providing the opportunity for share purchase. Call for more details. Asking $899,000. MLS #120354
0913_DJW_0027
Please say you saw it in The Commercial Investor
Central Ontario
PLUMBING & HEATING BUSINESS A unique business opportunity in the thriving community of Matheson. This listing features a turn key plumbing, heating and electrical business and an optional 4 bedroom home with major upgrades located next door (MLS#122375). The business comes with a large inventory of parts and equipment, and includes good will and all existing contracts. This listing is being presented as a package deal with the home, but the business can be purchased separately. Matheson has an exciting future. Call now and see how you can be part of it. Asking $375,000.
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
EASTERN ONTARIO COVERING: -JOETBZ t 1FUFSCPSPVHI t 1PSU )PQF t #PXNBOWJMMF t $PCPVSH t 5SFOUPO t #FMMFWJMMF t ,JOHTUPO t /PSUIFBTUFSO 0OUBSJP For advertising information contact Doreen Wills Tel: t EPSFFO XJMMT!XBMM XBMMNFEJB DPN t UIFDPNNFSDJBMJOWFTUPS!XBMM XBMMNFEJB DPN Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
63
Commercial Real Estate & Business Opportunities
8305397_0913
“Your Commercial Connection in Eastern Ontario” www.cbcommercial.ca
Jamie Troke, CCIM Broker of Record jtroke@reach.net
6 PLEX:
613-969-9901
6 PLEX WITH DOUBLE DIGIT RETURNS
WALLBRIDGE ROAD 6.3 ACRES POWER OF SALE
Full service property management included 24/7. 3 2-bedrooms, 3 1-bedrooms and has been updated with new roof, pain and decks. 4 of 6 units with new flooring and cabinets. Improved hot water gas boiler. Separate motors - tenants pay own utilities. MLS #2124753. www.32wilkins.com 0913_DJW_1_0116
City water. One minute to HWY #401. Cell Tower leased for $1,000 per/month. Great location for commercial or development. 0913_DJW_1_0140
DEVELOPMENT OPPORTUNITY
11 ACRE/36 LOT SUBDIVISION WITH APPROVED DRAFT PLAN
SAND CHERRY COURT
Approx. 6.2 acres. Fully serviced parcel includes municipal water & sewer. Adjacent to Mcdonald’s Restaurant to be built this year. One of Canada’s busiest highway intersections. www.Mcdonaldssquare.com - Sales Rep 0913_DJW_1_0113 Bill McGuire.
We are looking for investors who are interested in minimizing their capital risk plus make a great returns. Asking $748,000 for 11 acres draft plan approved - up to 44 acres available. www.weatherstoneestates.ca
UNION SQUARE
INVESTMENT PROPERTY
INVESTMENT OPPORTUNITY
7,000 s/f prime office building in Campbellford, 1 acre lot on Trent River, plenty of staff and customer parking. Potential for 9% CAP rate www.308Frontst.com. Bill 0913_DJW_1_0132 McGuire, Sales Rep.
Turnkyey restaurant in Belleville, why work for someone else, no franchse requirements, 179 seats, plenty of customer parking. Asking $1.45 million. www.261northfront.ca. Sales Rep Bill McGuire. 0913_DJW_1_0114
STATION STREET JUNCTION
QUINTE MALL FOOD COURT
Solid 6 unit building, 4-2 bdrms, 2 - brms, great neighbourhood. CAP rate 6.5%. www.4albany.com 0913_DJW_1_0133
2 acres. R6 zoned excellent site for 69 unit apartment building. www.240yeoman.com 0913_DJW_0106
REDUCED $2 MILLION
ASKING PRICE $748,000
0913_DJW_1_0144
Located off Palmer Road in Belleville - site plan drafted for 39 lot townhouse subdivision. Services available at lot line Asking price - $425,000 visit www.sandcherrycourt. com. Contact Jamie Troke or Gerry Gill. 0913_DJW_1_0111
Great chance to be your own boss. Asking $119,000. Busy food court, pizza, salad, pastas, owner will help train. www.vanellis.biz
REDUCED TO $2.1M
Excellent investment opportunity. 32,500 s/f office building located in Belleville’s downtown core. Currently leased to Provincial Courts, Hastings Housing Authority and Probation Office. Gross annual rent $567,000. CAP rate 9.5%! For more informa0913_DJW_3_0075 tion, please visit www.15victoria.com
Retail/office 20,000 s/f - Investment opportunity or Joint Venture. Prime sites across from new 11 million dollar VIA train station. Visit www.stationstreetjunction.com 0913_DJW_1_0112
MULTI UNIT COMMERCIAL
0913_DJW_0076
GRANITE COUNTER TOP BUSINESS
21,000 s/f, 5 units, separate meters, long term tenant mix. Gross income $58,160. Asking price $475,000 plus 6,000 s/f building, 2 tentants gross income $21,500 asking $275,000 Buy both for a discount www.85dufferin.com 0913_DJW_0077
0913_DJW_0078
Please say you saw it in The Commercial Investor
Owner will help train, customer base and staff in place for manufacturing - you run the office. Great lease terms, asking price $188,000 includes all equipment and contractor client base. www. constructallgranite. com. Contact Adam Burr 0913_DJW_0079
Central Ontario
Volume 13 Issue 03
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Volume 13 Issue 03
Commercial Real Estate & Business Opportunities
William G. Bird Broker, CCIM CD Cell: 613-243-2767 Office: 613-969-9907 $575,000 BELLEVILLE
Quinte Ltd., Brokerage* * Each office Independently Owned & Operated
$1,100,000 SCRAP YARD
High profile building - high traffic volume. Located just across from Belleville General Hospital. High visibility at very business intersection. Large parking lot. Lends itself to many uses. 0913_DJW_0080
Located in Napanee near 401. 5 acres in size. Zoned G1 M2. 0913_DJW_0081
$299,000 STORE & 4 APARTMENTS $1,800,000 BUSINESS FOR SALE $149,000 HIGHWAY COMMERCIAL SITE Located in Downtown Belleville. Building has been updated to meet fire codes. New roof in 2011. 10% cap rate.
INDUSTRIAL BUILDING
FOR SALE
0913_DJW_0082
Price includes industrial building on 3.5 acres. Over 20 years in business. Trade area two million people.
Should be re-developed for greater potential. Owner will hold 1st Mortgage. 1 acre in size. 0913_DJW_0083
In Eastern Ontario for Commercial Real Estate Call Bill Bird for Sales & Leasing.
Central Ontario
Please say you saw it in The Commercial Investor
10678436_0913
Volume 13 Issue 03
Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
NIAGARA COVERING: /JBHBSB 'BMMT t /JBHBSB PO UIF -BLF t 4U $BUIBSJOFT t 5IPSPME t 8FMMBOE t 'PSU &SJF t #FBNTWJMMF t 'POUIJMM t 1PSU $PMCPSOF For advertising information contact Doreen Wills Tel: t EPSFFO XJMMT!XBMM XBMMNFEJB DPN t UIFDPNNFSDJBMJOWFTUPS!XBMM XBMMNFEJB DPN Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
65
66
Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
The “Street Smart Real Estate Appraiser” – Associations My last article was about “Are you attached” as it could relate to property. Owning a property for several years and sometimes several generations will make it difficult to do an unbiased valuation. The owner of real estate often develops an emotional attachment to the land and/or buildings that form a property. Often a Seller can’t cut themself loose of a property to make a deal when they know they should, only to holdout for a value that is not attainable or defendable. Owners are sometimes clouded by emotion; they need to try to disconnect themselves with their specific property history. Retaining a third party to bring rational and logical valuation approaches is critical. Can anyone else see the premium in the market value sought by the Seller? Hopefully, other professionals in the real estate industry will have the guts to tell the individuals that they are “Attached.” What I have found in the 20 plus years in the real estate industry is there is always someone that understands a property better than I do! Who are these other real estate pros? What do they think? What do they see? Why should I find them? What’s important to them? Why do they buy? In my opinion, some of these people include: the Property Owners, Property Managers, Developers, Brokers, Builders, Marketing Experts, Bankers, Accountants, Lawyers, Business Owners, Engineers, Architects, Consultants ....etc. These people offer an important contribution to the valuation of a property because they are industry specific professionals. Depending on the property being appraised, it’s best to talk to these people, understand what they think, know and see, and ultimately get their “trade secrets”. The mission become a “STREET SMART APPRAISER”!! I once again turned to an industry expert; typically I talk with individuals that service the property industry to facilitate day to day business. One of the real estate valuation techniques I’ll give you is “Associations”! Marc L. Cote emphasized this appraisal “technique”. Marc is the president of hush Media Inc., and the co-founder and Publisher of Rental Housing Business Magazine; the most widely read publication for apartment owners, managers and association executives. He has been in the publishing and marketing industry for over 25 years. Marc consults with some of the largest property owners and managers in Canada, primarily those involved in the multi residential market. “Everyone, especially those considered a small to mid level owner/manager, should be involved and a member of an association representing their property type. Since my field is predominately multi residential I suggest, Canadian Federation of Apartment Associations, CFAA. Originally, CFAA was formed as an association representing local association at the Federal level. CFAA now represent individual landlords along with local associations. To find out more and how you can get involved search their site at http://www.cfaa-fcapi.org”
Niagara Peninsula
There are numerous reasons why you should look to join a related real estate association. Associations ensure they’re completely up to date with all necessary data related to government compliance, laws and by-laws, tax information, forms required for both internal office and external public, new government programs, etc. Associations maintain access to lawyers both, volunteer and paid ensuring accurate legal information when required. They produce resource literature in the form of newsletters or magazines maintaining communication, direction and overall keeping up to date information for their members. “To fully appreciate an association is to understand that what an individual owner/manager goes through in a year, a week or lifetime, an association deals with the same issues on a daily and weekly basis.” Please email me your “Street Smart Real Estate Appraisal” advice to - todd.crawford@dtzbarnicke.com. Todd Crawford is a Designated AACI Real Estate Appraiser, Broker, Consultant, Investor, Property Manager and Business Partner specializing in Commercial Real Estate with DTZ a world wide real estate service firm. 8646421_0913
Please say you saw it in The Commercial Investor
Volume 13 Issue 03
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Commercial Real Estate & Business Opportunities
www.dtz.com DTZ Barnicke Niagara Limited, Real Estate Brokerage 4056 Dorchester Rd. Niagara Falls, ON L2E 6M9
905-354-7413
9866060_0913
Semi-Private Golf & Country Club available in the Niagara Region
POWER OF SALE OPPORTUNITY 4318 PORTAGE ROAD, NIAGARA FALLS
FAIRWAY INN
COMMERCIAL BUILDING
ANCHOR TENANT CITIZENSHIP & IMMIGRATION OF CANADA
0913_DJW_0060
2-storey 49-unit motel Situated on +/- 0.59 acres Seasonal outdoor swimming pool Wireless high speed internet Situated in the Heart of Niagara Falls Tourist District Walking distance to casino, convention centre, Clifton Hill and the Falls OFFERED AT: $2,199,000 Contact: Greg Chew, Sales Rep. greg.chew@dtzbarnicke.com
2 storey commercial/office building On-site parking for 3 vehicles Steel roof - guaranteed 50 years All windows (15) replaced within past 5 yrs - thermal pane glass Great for medical practice, architects lawyers and accountants OFFERED AT: $285,000 Contact: Taylor Wilson, Broker of Record taylor.wilson@dtzbarnicke.com
Large office building + 20,000 sq. ft Zoned GC - General Commercial 3.41 acres - subject to severance Close to local amenities Great exposure in a high traffic location Ample on-site paved parking 9.000 sq. ft. shell unit currently vacant at rear of property OFFERED AT: $3,600,000 Contact: Ralph Roselli, Sales Rep. ralph.roselli@dtzbarnicke.com
BROKERAGE APPRAISALS MANAGEMENT
Connected Globally. Focused Locally. Please say you saw it in The Commercial Investor
Niagara Peninsula
13 LYMAN STREET ST. CATHARINES
0913_DJW_0061
5958 FALLSVIEW BOULEVARD NIAGARA FALLS
0913_DJW_0062
Contact Todd Crawford, Broker for further details (905)321-4755 or email todd.crawford@dtzbarnicke.com
68 inthenews
Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
Oshawa Centre to enter into new era of shopping
I
vanhoé Cambridge has announced a $230-million redevelopment and expansion project at Oshawa Centre, a wellestablished shopping centre located in Oshawa, Ontario. The project will result in 24,000 square metres (260,000 square feet) of new construction including approximately 17,000 square metres (185,000 square feet) of redeveloped retail space and approximately 7,000 square metres (75,000 square feet) of new retail. Once complete, the total gross leasable area of the shopping centre will exceed 116,000 square metres (1.25 million square feet). The additional space will allow the centre to introduce over 60 highly-desirable retailers into the Durham regional market. Construction will begin in summer 2013 and is slated for completion in spring 2016. “Ivanhoé Cambridge’s substantial investment in Oshawa Centre will enhance the centre’s fashion offering, solidify its competitive positioning and enable it to meet retailer demand,” said David Baffa, Vice President, Retail Development, Central Region, Ivanhoé Cambridge.
$230-million investment into an expansion and redevelopment project to start in summer 2013
~ New and updated entrances on the west side ~ Upgraded seating area elements, including floor and ceiling treatment ~ Fully renovated washrooms with modern upgraded finishes “This expansion and renovation reaffirms our confidence in the Oshawa community and the Durham region, today and in the future. Today’s announcement is not only great regional economic news but also reinforces our dominant position in the fastest growing community in the GTA,” added Bill Thompson, general manager, Oshawa Centre. “Oshawa Centre has been a part of the Oshawa community for close to six decades,” said Oshawa Mayor John Henry.“A renovation and expansion project of this size will create numerous construction and retail jobs right here in our city.” About Oshawa Centre: Built in 1956 as an open air shopping centre, Oshawa Centre has been an integral part of the Durham Region for nearly 60 years. Currently at 1.1 million square feet, the super regional shopping centre offers over 230 stores and services that create a unique shopping experience. The mall features sought-after fashion forward brands such as Victoria’s Secret, PINK, Sephora, Lululemon Athletica, Town Shoes, GUESS, H&M and the largest Boathouse location in Canada. Oshawa Centre was one of the first to be recognized for excellence in the environmental management and performance, achieving the BOMA BEST level 4. The centre will continue its exceptional leadership in sustainability and environmental practices. Located just east of Toronto and minutes from Highway 401, it is the largest super regional shopping centres within the Durham Region, one of the fastest growing regions in Canada.
Project details: ~ Over 60 new retail concepts, including two additional large format retailers ~ New 1,000-seat, sophisticated food court
Ivanhoé Cambridge is one of the world’s 10 largest real estate companies. As at December 31, 2011, its assets totalled more than Cdn$30 billion and could be found in over 20 countries around the world. 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, visit ivanhoecambridge.com
~ New main entrances on the east side
Please say you saw it in The Commercial Investor
Volume 13 Issue 03
69
Commercial Real Estate & Business Opportunities
8494906_0913
FOR SALE
20 ACRES ZONED RESIDENTIAL DEVELOPMENT (154 LOTS) MUNICIPAL SERVICES AT 3 STUB ROADS PANORAMIC VIEWS OF LAKE AND TORONTO SKYLINE BACKING ONTO NATURAL AREA AND GREENBELT
NEW PRICE $5,900,000.00
Tony Tripodi
Garden City Realty Inc
Brokerage Independently Owned & Operated
905-641-1110
*INDUSTRIAL* *COMMERCIAL* *INVESTMENT*
Broker
8181576_0913
ST. CATHARINES
0913_DJW_0015
Located in St. Catharines industrial park, 16,500 sq ft block building on approx. 2 acres of land. Six individual, self-contained units. Some leased. One with loading dock and levelers. Separate utilities. 16 and 18 ft. clear ceilings. Asking $749,000. Terms may be available to qualified buyer.
0913_DJW_1_0103
ST. CATHARINES
0913_DJW_0083
NIAGARA FALLS Restaurant/Bar knows as “The Niagara”. Everything in place and spotless condition. Just walk in and start making money. Included is the building, all equipment, chattles. Licensed LLBO for 200 including the patio. Corner of Queen and Chrysler, in the revitalized commercial area of downtown. Terms may be available to qualified buyer. Asking $359,500.
8171489_0913
0913_DJW_0084
WWW.NIAGARALAND.COM info@niagaraland.com 905-563-0600
FOR LEASE LAKE/CARLTON PLAZA - Centrally located retail/office plaza with high profile existing tenants including Shoppers Drug Mart, HSBC, medical clinic, etc. Space available up to 5,000 sq. ft. Asking $15.00 sq. ft. net, with some tenants assistance available. Call today for details.
Please say you saw it in The Commercial Investor
Niagara Peninsula
$649,000. That’s the asking price for a 10 room motel, one 2 storey, 3 bedroom house, 5000 sq ft. barn, all approximately 3 acres of land. Located 1 km from a new shopping mall now being built. Do not wait. Call today.
70
Commercial Real Estate & Business Opportunities
Volume 13 Issue 03
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
BUSINESS INVESTOR The perfect place to list all of your business opportunities For advertising information contact Doreen Wills Tel: t or Email: EPSFFO XJMMT!XBMM XBMMNFEJB DPN t UIFDPNNFSDJBMJOWFTUPS!XBMM XBMMNFEJB DPN
Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 13 Issue 03
71
Commercial Real Estate & Business Opportunities
Mortgages
Making a Great Spread on the Equity in Your Home Do you have a home or a rental property that has Equity in it? If so, you might consider borrowing from the Bank and then lend those funds out in the form of a private mortgage loan. By doing so, you are taking advantage of the difference between the lower borrowing rate of the Banks and the higher interest rate you can achieve as a private mortgage lender. Depending on several factors, this spread can range between 5% and 16%. This investment vehicle is generally underutilized. I have conservative private lending clients that are borrowing at today’s lower interest rates. Pro Funds is currently able to secure mortgage interest rates from 2.90% on residential first mortgage loans for a 5-year term and up to 35-year amortization. We have assisted these clients in finding good secure mortgage investments yielding returns in the 5-16% range. Another benefit of this approach is the ability to pay down your Bank mortgage much quicker. Banks are offering up to 80% of the value of your home in a refinance. These mortgages typically have good repayment privileges. They can enable you to increase your monthly payments by 20% and make a further annual principal payment of 20% of the loan amount as well. One caveat here is that most institutions will limit the amount of cash extracted to $200,000. Let’s talk about risks. Some people view private mortgage lending as a high risk investment (and this is the reason behind the much higher returns). In general, there is certainly greater risk in private mortgage lending compared to say a GIC that will today pay between 1% and 2.5%. The primary risk here is that if the project you are lending on completely fails, and you are unable to remedy the situation and recover your investment, you could jeopardize your original equity. Yes, there are mortgage offerings that can be excessively risky. For example, dealing with mortgage lending opportunities that involve tax arrears, mortgage arrears, and/or debt overload need to be either carefully assessed (what are the actual reasons for the problems) or simply dismissed. The amount of risk is a function of who you are doing business with, to whom you are lending to and performing the proper due diligence (using qualified and experienced advisors as required). Mortgage lending is really not too complex, and many of those involved become repetitive clients.
Mortgage placements can vary largely. Private lenders may either a) lend to traditional homeowners that may not qualify with the banks based on having either poor credit or lack of “verifiable income�, or b) lend to like-minded people that are real estate investors or developers.
certain legal documents and co-ordinate a commitment agreement between the lender and borrower.
It is very important to understand this loan commitment. On one side, you the lender are committing to a mortgage investment and a placement of funds. On the other side, So, you may ask: Why would individuals with good the borrower is committing to provide security in the form credit and high net worth have to borrow private funds? of a mortgage and is relying on these funds to close a Government rules and financial institutions have placed purchase of a property or to refinance for other reasons. restrictions on the ability of investors and self-employed business people to borrow. If a borrower is purchasing The prepared mortgage documents will then be sent to a residential rental property, and is self-employed and the lawyer of the lenders’ choice. The borrower will pay cannot show actual income, this borrower would not be for their own legal fees as well as the lender’s legal fees. able to obtain a Bank mortgage approval. This means that There is no cost to the lender. The monthly payments are if you are self-employed and cannot show actual income, typically interest only and the term is typically one year. you may not qualify for the required financing. This is The borrower will pay the broker fee. The borrower will also unfortunate for many self-employed borrowers. However, provide post-dated cheques for the 12 months (or term). At this does create opportunities for private lenders. Private the end of the term, the mortgage brokerage firm may send lenders can get involved in safe placements with good out renewal notices and offer the lender and the borrower an option for a renewal (contingent upon agreement of solid returns on their mortgage loan investment. both parties). If the borrower is not interested in renewing, Over the last decade, we have worked hard to co-ordinate our deal flow facilitates the placement of funds in other successful lending and borrowing for our many clients. mortgage opportunities. Proper review, helpful advice and due diligence has been key to the overall success of all parties involved. The result Please see the example below: is a solid book of business and deal flow. Part 1: Private Lender borrows through Bank $200,000 The process of a private mortgage deal is as follows: at 2.90% interest with a 25-year amortization giving Bank When the mortgage brokerage receives a mortgage mortgage security. Monthly payments work out to $936 per request, required information is gathered and the potential month. placement is assessed. We review due diligence material which may include mortgage application, credit bureau report, property description, property financial statements and rent roll (if applicable), local market description, appraisal or valuation, existing mortgage information, realty tax information, reasons for the loan and how the funds will be used. We prepare an overview of the project and funding requirement. If the mortgage request and real estate have merit, we approach prospective lenders with the opportunity. If interest is expressed, and subject to lender qualifications and confidentiality agreements, we will provide the due diligence package for lender review. Lenders will also be provided with the interest rate and lender fee payable (by borrower to lender) on the deal, which will be deemed fair for both parties. If you as the potential Lender agree to proceed, our firm will prepare
Part 2: Private Lender invests $200,000.00 in mortgages at an average of 14% interest for a one year term. Monthly interest payments received would be $2,333 per month. The net spread to the Lender is $1,397 per month (or $16,764 over the one year term). If the above investment strategy is of interest, we would be pleased to review various options with you.
Carmen Campagnaro
A member of
Carmen@profunds.ca
XXX 1SPGVOET DB r JOWFTU!QSPGVOET DB
1.888.330.3866
3390 South Service Rd., First Floor, Burlington, ON L7N 3J5 | 905.842.7011 x22 | Fax 905.842.7241 9649286_0913
Please say you saw it in The Commercial Investor
Business Investor
President Pro Funds Mortgages lic# M08002562
72
Volume 13 Issue 03
Commercial Real Estate & Business Opportunities
DOORS SALES AND INSTALLATION The company sells and installs overhead doors, installing doors for new construction condominiums and high-rise rental apartments and distributing equipment and parts. Operating over 30 years - revenues are in the $5.5M range and earnings in the $400K range.
SO
LD
CIVIL ENGINEERING FIRM
BOWLING CENTER Well established center operating over 45 years and located 2 hours East of GTA. Employs 2 ft. & 20 pt. Newly upgraded with revenues in the $500K range and discretionary earnings in the $100K range.
Located in Western Ontario - operating over 30 years, Company provides structural and civil engineering services, feasibility studies, construction site inspections and administration services. Revenues for 2011 are at $1.4M and earnings are in the $350K range.
R DE UN FFER O
PLASTIC INJECTION COMPANY
TRUCK & CAR RENTAL
HOME DECOR PRODUCTS DISTRIBUTOR
Operating over 30 years and servicing the automotive industry the company employs 16 ft and generates over $2 million in revenues with earnings in the $350K range. Ownership will remain as needed to transition the business.
The Company is a wholesale distributor of branded and private label home decor items, including bath, kitchen, and dining products, to the mass merchant, department store, and retail market. Revenues $6.9 Million and earnings in the $1.4 million range.
MATERIAL HANDLING PROVIDER
LIFT TRUCKS AND HANDLING EQUIPMENT
Business has been operating over 30 years, dealing in ferrous and nonferrous metals - with 14 employees business generates revenues in the $10 million range with earnings in the $1.5 million range.
Located one hour west of GTA. Company specializes in services ranging from equipment safety inspections and repairs to engineering design and fabrication. Over 700 accounts in Ontario generate revenues in $7 million range and earnings in the $800K 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.
INDUSTRIAL DE-SCALING AND PROTECTIVE COATING CONTRACTOR
HOME CAREGIVER
METAL FABRICATION & WELDING
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.
Company operating over 20 years in Northeastern Ontario. 18 FT Certified well-trained employees provide diverse services in metal and structural fabrication. Revenues in the $3.5 M range with earnings in the $700K range.
Founded more than 40 years ago, the company is a multi-location truck, car and trailer rental dealer with offices throughout Southern Ontario. It has developed a recurring customer base 400+ accounts, generating over $4 million in revenue and earnings in the $2 million range.
METAL RECYCLING
Business Investor
The Company, located in Southern Ontario has been operating over 30 years specializing in general painting, lead abatement, bridge painting and water tower restoration among other services to various industrial sectors. Company generates revenues in the $5 million range and earnings in the $1 million range.
“Selling Your Business is our Business� 416-780-0009 or 1-866-490-9991 Please say you saw it in The Commercial Investor
8157086_0913
H
A
M
I
L
T
O
N 8148414_0913
Mazhar Roshan Sales Representative
905.929.9800
Direct
905.318.3800
24 Hr. Pager
BROKERAGE
mazharroshan@sympatico.ca mazharroshan@hotmail.com MONEY MAKING FRANCHISE BUSINESS Net income over $150,000 per year. Better than a convenience or grocery store. Reasonable rent and long lease. For details call Mazhar Roshan. (Principals only please) RETAIL STONEY CREEK MOUNTAIN
FOR LEASE BRANTFORD
FOR LEASE
Retail commercial space in strip plaza. Anchored by Tim Hortons. Close to 403 exit and rapidly growing commercial sector. Suitable for many kinds of retail, commercial or office uses, TMI for 2012 is $5.00 per square foot, call LBO for more information and showings.
Very desirable area of Stoney Creek Mountain. Next to the new Walmart/Financial Institutes, new homes coming to the area in a plaza, 1366 sq ft office space available. Ideal for lawyers, doctors, dentist and insurance agents. 6 offices available with separate receptions and kitchen areas. OTHER TENANTS INCLUDE TIM HORTONS, ESSO, G/S, AVONDALE, GINO PIZZA & MANY MORE. TMI’S ESTIMATED 9.00 PSF. 0913_DJW_3_0044
0913_DJW_1_6668
BUSINESS FOR SALE ONLY $499,000
seller motivated Very busy location of East Mountain. Sales $40,000 per week. 8000 square ft store. Low rent of $8000 per month. Long lease available. Asking price is $499,000. For more details call Mazhar Roshan.
i promise to advertise your property until it is sold! call for details
0913_DJW_3_0027
Triple Net income property in southwestern Ontario. Great CAP Rate. Wait for details.
0913_DJW_3_0024
LAND FOR SALE
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. 0913_DJW_1_0064
BUSINESS - HAMILTON - $60,000
COMING SOON!
Very desirable area of Stoney Creek next to new Walmart. New home construction coming to the area. 1366 sq ft office space available. Ideal for doctors, lawyers, dentist and insurance agents. Other tenants include Gino’s Pizza, Tim Hortons, Esso and many more. TMI’s estimated at $9.00 psf.
sold Location, location, location!!! Money making dollar store in the heart of Upper James located in the No Frills plaza at Mohawk Rd. Good for entrepreneur or family business, doing over 300K in sales with over 50% profit margin! Call for more details. 0913_DJW_2_0002
GREAT COMMERCIAL BUILDING W/ BUSINESS
sold Great commercial building with business, all the equipment and property for sale. 19446 sq ft building. Main floor 12 lanes bowling alley business with 54 people license & kitchen, bowling equipment with automatic scoring machine, second floor setup billiard, pool, snooker all with equipment, licensed for 60, currently rented for 2230 P/M. For more details call. 0913_DJW_1_0063 15G COM
inthenews
Strong performance in Canadian real estate continues
C
anadian commercial real estate delivered another strong performance in 2012, as measured by the REALpac / IPD Canada Annual Property Index.
The annual total return of 14.1 per cent continued Canada’s strong performance. Real estate outperformed public equities (7.5 per cent), bonds (3.0 per cent) and inflation (0.8 per cent). (Equities are based on the MSCI Canada Index. Bonds are based on the JP Morgan sevent to 10 Year Government Bond Index. Inflation is based on data from Statistics Canada). Looking at the 13 year history of the REALpac/ IPD Canada Annual Property Index, 2012 was the fifth highest annual total return ever. Total annual returns for the three years, five years, and ten years ending December, 2012 remain robust at 13.6 per cent, 8.7 per cent and 11.7 per cent respectively.
16G COM
Examining the four major property sectors, residential registered the only increase in total return in 2012 (16.2 per cent, up from 11.9 per cent in 2011). Total returns for office properties, which spiked between 2010 and 2011, pulled back only slightly in 2012 to 15.9 per cent while industrial and retail produced lower total returns in 2012 (11.8 per cent and 13.5 per cent respectively) compared to 2011. Overall, the six largest commercial property markets generated healthy total returns in 2012. Of the six largest markets, Edmonton was the only metro that saw accelerating growth in value. Calgary, Toronto, Montreal, Vancouver and Ottawa all produced healthy but lower returns in 2012 when compared to 2011. About IPD: IPD provides real estate benchmarking and portfolio analysis services to clients in over 30 countries around the world. These services incorporate more than 1,500 funds containing nearly 70,000 assets, with a total capital value of over USD 1.4 trillion. Each year, IPD produces more than 120 indices helping real estate market transparency and performance comparisons, as well as nearly 600 benchmarks for client portfolios. IPD is a subsidiary of MSCI Inc., a leading provider of investment decision support tools to investors globally, and clients include real estate investors, managers, consultants, lenders and occupiers. For further information on IPD, please visit www.ipd.com. About REALpac: REALpac is Canada’s senior national industry association for owners and managers of investment real estate. Its members include publicly traded real estate companies, real estate investment trusts (REITs), private companies, pension funds, banks and life insurance companies with investment real estate assets each in excess of $100 million. For further information on REALpac, please visit www.realpac.ca. SOURCE: Real Property Association of Canada
CommerCial ProPerties Business oPPortunities FranChise oPenings & more! 11272207_0913
INVEST, BUY, HOLD, FUTURE DEVELOPMENT!! HWY 6 - UPPER JAMES STREET
PRIME HIGHWAY 5 PROPERTIES
Excellent HWY 6 (UPPER JAMES STREET) location with tons of highway exposure and easy highway access. To be Farmed until future development arises which could be sooner than later if you just watch all the activity and future Airport expansion.
Possible future ‘Builder Delight!’ Over 540 feet frontage along with a total of 53+ acres of potential Residential Subdivision with potential Commercial entrance. Excellent opportunity for development of raw lands with gas & water at entrance.
Red Carpet Stak Realty Inc.,
1019 Wilson Street West, Ancaster *Each office is independently owned and operated
Paul J. Szostak Broker of Record/ Owner
0913_DJW_0037
Brokerage*
905.648.8002 F: 905.648.0081 T:
0913_DJW_0038
0913_DJW_0047
“SERVICE, TECHNIQUE, ACTION, KNOWLEDGE”
11267097_0913
8 YR. OLD COMMERCIAL BUILDING ON BUSY HIGHWAY High traffic 4000 sqr ft Commercial Building only 8 years old on busy Regional Road 20 in Font Hill (Pelham). Zoned hwy commercial allows many uses. Over 130k in upgrades in the last 2 years including bar with granite counters, kitchen equip, flooring, camera system + many other renovations and landscaping. 1.16 acre lot with lots of parking, could be developed further, major future commercial and residential development Kitty corner to this site. Currently is fully renovated turn key restaurant. All chattels are included.
Re/Max Realty Services Inc., Brokerage
Bruce Bell Sales Representative
905-456-1000
Ext.3329
brucebell@trebnet.com www.BruceBell.ca
$
729,000
0913_DJW_1_0076
11250078_0913
22 TOWNHOUSE PROJECT GRAVENHURST, ON
0913_DJW_2_0001
- 1.2 Acre Property Zoned and Approved - Sewers, Water, Hydro - Near Taboo Golf Course Asking $395,000 per unit Estate will consider financing with responsible purchaser.
erta investments inc. CommerCial and residential developments
Sol Mednick President
t
416 443 0595
f
416 443 1619
c
416 402 1500
e
sol-mednick@gmail.com
Be Seen in the limelight! Highlight your hot, new and unique listings. Feature 2 properties and your agent photo in a full colour quarter page ad.
Reserve your space today! 416-784-5060. the CommerCial inVestor: sPotlight
CommerCial ProPerties • Business oPPortunities • FranChise oPenings & more! 17G COM
CommerCial ProPerties Business oPPortunities FranChise oPenings & more!
BURLINGTON OFFICE SPACE 1400.00 MONTH ALL-INCLUSIVE - NEw 1100 Sq. FT.
$
Donald Plouffe Ltd
14-5115 Harvester Rd.
Real Estate Brokerage
Across from Appleby GO Station. Front office 27’ x 22’, upstairs office 22’ x 18’. Includes heat, hydro, prop. taxes & condo fees.
www.plouffehomes.ca
2112_DJW_1_0038
905.632.5940
Marc Plouffe, Associate Broker Donald Plouffe, Broker of Record
11269763_0913
11257991_0913
®
MULTI-BUSINESS ENTERPRISE
$
899,900
~ 115 acre - Marine Commercial, nautical Lake Erie access ~ 22 boat slip Marina, Boat ramp, Bait & tackle shop R E A LT Y B R O K E R A G E I N C .
~ Fast Food Restaurant, outdoor patio (turn key)
INDEPENDENTLY OWNED AND OPERATED
905.774.4444
SALES REPRESENTATIVE
0213_DJW_0075
Wes Moodie
~ Wine Bar/Bistro/Cafe (turn key) ~ 40 acre activity park - fishing, day camping, canoe rentals, miniature golf, eco-tourism destination ~ Walk to downtown, highway location
www.wesmoodie.com
MLS #H3100549
9735712_0913
Be Seen in the limelight! Highlight your hot, new and unique listings. Feature 2 properties and your agent photo in a full colour quarter page ad.
Reserve your space today! 416-784-5060. the CommerCial inVestor: sPotlight 18G COM
CommerCial ProPerties • Business oPPortunities • FranChise oPenings & more!
CommerCial ProPerties Business oPPortunities FranChise oPenings & more! 11272208_0913
KINCARDINE AREA Kincardine Real Estate 519.396.3396
1,450,000
$
Carole Enright Sales Representative
0913_DJW_0021
Brokerage Independently Owned & Operated
20 unit apartment complex located on four acres within walking distance to downtown and nature trails. The 6 new and 14 renovated units are fully occupied. Net operating income for the current owner is approximately $124K. For further details contact: Carole Enright, Sales Representative.
Cell:
519.373.3262 enright@hurontel.on.ca 8306470_0913
HOTELS & MOTELS AVAILABLE ONTARIO
Escarpment Realty Inc., Brokerage
Independently owned and operated
Terry Tandarich
FRANCHISED PIZZA STORES AVAILABLE FOR SALE
Sales Representative E-mail:
Successful Prime Oakville location available $150,000. Profitable Hamilton Mountain location available $175,000. Call for full financial information.
tandarich@gmail.com
905.639.7676 “Call Terry and get Real Results” Contact:
0913_DJW_2_0071
RESIDENTIAL BUILDING LOTS GRAVENHURST, MUSKOKA
This is an exclusive opportunity to buy 7 fully serviced residential building lots in a new subdivision. Close to Lake Muskoka and Taboo Golf Resort. Asking $649,000.
Various properties and sites are available. Call today for details.
0913_DJW_0073
00
Eastern Realty Inc., Brokerage Toll Free: Office:
800.561.6383 705.292.9551
Grant Gibson Sales Representative #1 AGENT for 2011, 10, 09, 08, 07, 06 email: grantgibson.net
www.grantgibson.net
$
0 0,
59
1,
4 UNIT PLAZA 0913_DJW_4_0075
9631429_0913
INVESTMENT OPPORTUNITIES High traffic corner location for this 4 unit plaza featuring a long term ‘Coffee Time’ restaurant. This 2.6 acre corner lot has 337 feet of frontage at the corner of Hwy 28 and Hwy 7. Great opportunity. Current net income of $110,000 a year. North/West of Peterborough on the Corner of Hwy 28 & Hwy 7 at Fowlers Corners.
■ First Class office building. $4,100,000. Gross income $392,350. 2 long term Triple A tenants. 100% occupied. ■ Retail Plaza plus 5 acre lot, development land. Net income $320,000. $6,795,000. ■ Commercial Plaza, 46,000 sq. ft., 5 acre corner site. $4,590,000.
BE SEEN IN THE LIMELIGHT! Highlight your hot, new and unique listings. Feature 2 properties and your agent photo in a full colour quarter page ad.
Reserve your space today!
416-784-5060 the CommerCial inVestor: sPotlight
CommerCial ProPerties • Business oPPortunities • FranChise oPenings & more! 19G COM
20G
COM
9853283_0913
Alex Duarte Sales Representative
905-456-1000 direct 416-587-7445
Realty Services Inc., Brokerage
office
Brampton, ON L6X 1N7 905-456-1000 Independently Owned and Operated
40 HOLTBY AVENUE, BRAMPTON
STEELES AVE/ TRAFALGAR RD. 0913_DJW_1_0006
Future development Steeles Avenue and Trafalgar Road - 49.9 acres, 1,100 foot frontage on Steeles Avenue by 3000 foot depth.
$5/SQ FT PLUS $1.95 TMI 6,000 - 75,000 square foot industrial units. 24, 30 & 40 foot height ceilings; to be finished as the tenant desires. All units have rails for cranes up to 20 tons.
443 RAILSIDE DRIVE, BRAMPTON
$200,000 per acre 0913_DJW_2_0007
922 MAIN STREET EAST, HAMILTON
8133535_0913
0913_DJW_3_0009
0913_DJW_2_0008
$7,499,000
$950,000
Great investment, seller will rent back for 5+ years, cap rate over 7%, two separate entrances (from Fisherman and Railside). M-2 zoning, building is precast and metal cladding, four 5 ton cranes included.
Ideal for residential condos. Former Trinity Church, solid construction, functional design. 0.64 acres.
20 UNITS, HAMILTON
21 UNITS, DUNDAS
0913_DJW_7004
0913_DJW_0010
0913_DJW_0008
0913_DJW_0009
Buy and Sell investment properties the commission-free way
12 UNITS STONEY CREEK
YOUR PROPERTY COULD BE HERE!
Investment Freeway is Canada’s premier on-line commission-free property marketing service that delivers a guaranteed way to connect buyers and sellers of investment and commercial properties. Visit InvestmentFreeway.com to view more properties for sale and get more: ❚ Register as a Professional Advisor for great nationwide exposure... and it is free! ❚ Use our investment tools such as our mortgage calculator. ❚ Post your commercial or investment property for sale. It’s FREE! (Limited time offer)
20G COM
11261675_0913
❚ Read our informative articles and great investment tips.
21G 13G COMCOM
Inducted in 1989
Inducted in 2001
Ivan Kontic
2003
Kevin Kontic
Sales Representatives
905-545-1188 800-567-6257
11272398_0913
Escarpment Realty Inc., Brokerage Independently owned and operated.
Based on 2012 closed transactions. Source CREA+RE/MAX internal data.
Professional & Medical Available for Lease or Sale Approximately 11,000 square foot office building on over an acre lot, ample parking. High traffic East Mountain location near the Linc Expressway.
GREAT INVESTMENT 0913_DJW_0099
0913_DJW_0098
FANTASTIC LOCATION
0913_DJW_1_0056
Approx 11,000 sq ft free standing building with ample parking and a fenced yard. Located on the East Mountain (Red Hill Business Park) near the thruway. Great for investor or user. “Rare find”. Great value at $1,199,000.
inthenews
T
he Canadian Federation of Independent Business (CFIB) is assisting small businesses to get
On February 4, the Royal Canadian Mint stopped distributing one-cent coins to financial institutions and gradually start pulling pennies out of circulation. “While most small merchants and consumers may be aware of the plan to phase out the penny, they may not be clear on the specifics,” said Dan Kelly, CFIB president and CEO. “As we want to ensure the transition goes smoothly, CFIB has put together a set of on-line tools merchants can use to inform employees and customers.”
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Upt to 2000 sq ft availabe. New office space with loads of windows. Super location on Hwy #8 Stoney Creek. $10.00 per sq ft Net Net Net. Also up to additional 4500 sq ft office space, brand new & very bright.
CFIB offers help for small firms adjusting to end of penny
ready for penniless cash transactions.
22G
PROFESSIONAL OFFICE 0913_DJW_1_0058
FREE-STANDING BUILDING
Substantially renovated property. Upper floor single bedroom apartment rents for $700 + utilities. Main floor currently vacant but suitable for commercial or possible residential use, including full basement. Great value at $149,900.
The Government of Canada is encouraging businesses to start rounding after-tax cash purchases up or down to the nearest nickel. Since rounding will only occur during transactions involving cash, payments made through cheques, debit or credit cards will not be affected. “Many business owners like the idea of phasing out the penny,” added Kelly.“Since after-tax totals will be rounded both up and down, it’s important that consumers are properly informed.” To learn more, or to download CFIB’s penny-related educational tools, please visit www.cfib.ca/penny
As Canada’s largest association of small- and medium-sized businesses, CFIB is Powered by Entrepreneurs. Established in 1971, CFIB takes direction from more than 109,000 members in every sector nationwide, giving independent business a strong and influential voice at all levels of government and helping to grow the economy.
151 City Centre Drive, Suite 300 Mississauga, ON L5B 1M7 P 905.268.1000 F 905.542.2836 Member Commercial Division, Toronto Real Estate Board
BRANTFORD - INVESTMENT PROPERTY
$479,900 Potential net income $60,000. 4+ acres land zoned residential. At present 12,000 sq ft institutional building.
BRIGHTON
0513_DJW_1_0079
$2,600,000 Net income: $200,000. Triple A tenants, 26,000 sq ft building, leases till 2019.
$999,000 13 Plex Building. 10 completely renovated apartments with new washrooms, kitchen cabinets, appliances, tiles, laminate flooring. 7 two bedrooms and 6 one bedroom apartments. Separate hydro meters for each unit. Net potential income $89,820. Sought-after location.
BURFORD (BRANT)
0513_DJW_1_0078
SOLD AL ION T I D CON
HAMILTON - 13 PLEX
0513_DJW_0102
MISSISSAUGA
$300,000 Net income: $24,000. New plaza, strong tenants, CAP 8%.
0513_DJW_1_0076
0513_DJW_0101
$849,900 Fantastic Investment Opportunity. Property surrounded by 3 street, covers the entire block. Present net income $65,494. Walking distance to Casino.
BRANTFORD - FOR 1ST TIME INVESTOR
WELCOME TO BRIGHTON $699,000 4 acres of land, more than 15,000 sq ft built up area. Triple ‘A’ Tenants. Net income $60,000 net per year.
PEMBROKE
$1,140,000
Net income: $106,000
0513_DJW_4_0082
0513_DJW_3_0081
D L S O $650,000
Net income: $54,000.
$550,000
Net income: $51,000 8471255_0913
23G COM
11258154_0913
24G COM
10126377_0913
25G
COM
26G
COM
11234269_0913
905.270.8840
Roger Jain, P.Eng., CCIM, REI, FRI
Neil Jain, B.A., AMP
Broker /V.P. Commercial Division
Broker
C: 416.560.5246 / E: jain@ccim.net
C: 905.257.2579 / E: neil@bell.net 0913_DJW_1_0088
RETAIL - TORONTO 0913_DJW_1_0087
RETAIL - OAKVILLE 0913_DJW_0072
GREATER MONTREAL
®
19,000 sf retail strip, Cap Rate 6%, multiple tenants like Daycare, Grocery Store, Restaurant, Great Investment Opportunity.
Free- standing building 8500 s.f. on 1.4 acres lot ideal Restaurant/ Bar, Private School, Daycare, Contracting Company, Plenty of Parking, Commercial Zoning, Serious buyers (Principal) only.
Commercial strip plaza, 10,100 s.f. Building anchored by Rexall Pharmacy, close to major highway, located on a steet with high traffic, Serious buyers (Principal) only.
ASKING PRICE $3,000,000
ASKING PRICE $2,275,000
ASKING PRICE $3,950,000
0913_DJW_1_0091
INDUSTRIAL - MISSISSAUGA 0913_DJW_1_0090
INDUSTRIAL - MISSISSAUGA 0913_DJW_2_0089
INDUSTRIAL - MISSISSAUGA
220,000 s.f. Premier precast industrial facility situated on 16-acre lot, constructed in 1997, energy efficient, solar panels on the roof, 2000 amps of power, 23 ft clear ceiling height, Serious buyers (Principal) only.
Good exposure, 52,614 s.f. building on 2.71 acres lot, close to Hwy 410, high profile modern precast building, 2 storey office, Three 10 ton crane bays, chemical storage room, Radiant heat, Serious buyers (Principal) only.
Well located with access to all major Highways and Public Transit, over 92,000 s.f. building, heavy power and existing crane, 136 parking spaces with potential to increase, Serious buyers (Principal) only.
INDUSTRIAL - MISSISSAUGA
INDUSTRIAL - MISSISSAUGA
APT. BLDG. - TORONTO 0913_DJW_1_0094
ASKING PRICE $6,390,000
0913_DJW_1_0093
ASKING PRICE $6,450,000
0913_DJW_1_0092
ASKING PRICE $19,580,000
Modern precast building, near Highway 401, two 10 ton craneways, 47’ and 45’ wide, Large rear paved yard, Air make-up system, two 10 ton cranes & two 5 ton cranes. Chemical storage room, Radiant heat, Serious buyers (Principal) only.
Approximately 35,000 s.f. Free-standing building, Good shipping, 18’ clear ceiling height, Approximately 8% office space, Good opportunity for end-user or investor, Serious buyers (Principal) only.
Excellent location in a quality neighbourhood, 30 apartment units, roof upgraded in 2007, Newer high-efficiency combo boilers, High-efficiency washers and dryers in common laundry room, Serious buyers (Principal) only.
APT. BLDG. - TORONTO
LAND - MISSISSAUGA
LAND - NEWMARKET 0913_DJW_1_0097
ASKING PRICE $12,000,000
0913_DJW_1_0096
ASKING PRICE $3,825,000
0913_DJW_1_0095
ASKING PRICE $4,950,000
71 large apartment suites - mostly 3 bedrooms, Over $1.5 m recently spent in the building, Air conditioned suites - over 80% have been renovated, Situated in a single family residential area, Built in the early 1980’s, Serious buyers (Principal) only.
7.44 acres of Premium truck parking lots available, Significant improvements and upgrades have been made including 12 inch gravel base, storm water drainage, dual concrete dolly pads, separate entranceways, swipe card with electronic entrance/exit, Serious buyers (Principal) only.
2.77 acres, Prime redevelopment condominium site - Yonge St and David Dr at Gateway to Newmarke, Final approvals pending for 360 units and 335,000 sq/ft 2.79 density, Zoning pending approvals, Serious buyers (Principal) only.
LAND - MISSISSAUGA
LAND - HAMILTON
RETAIL - FLORIDA
Approximately 2 acres of prime development land on the Credit River, Ideal for approximately 24 or 25 Luxury Town Homes or a Senior Residence, Serious buyers (Principal) only.
ASKING PRICE $5,000,000
Approximately 210 acres out of which 9.8 acres of land has been re-zoned to M3, to allow but not limited to, hotels, car dealerships, Convention/Conference Centres, manufacturing. 114.6 acres occupied by Golf Course, Serious buyers (Principal) only.
ASKING PRICE $4,800,000
0913_DJW_1_0099
ASKING PRICE $7,500,000
0913_DJW_1_0100
ASKING PRICE $11,330,000
0913_DJW_1_0098
ASKING PRICE $13,000,000
Strip Centre anchored by Trust Bank, land, 2.5 acres, Cap Rate 8%, constructed in 2008, 10 minutes from the Airport, excellent frontage & visibility, GLA 25,000 s.f. Multiple tenants, Serious buyers (Principal) only.
ASKING PRICE $4,500,000
11270998_0913
27G COM
9741130_0913