Sept 14 - Oct 11, 2013 Volume 13 Issue 10
INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! 2913_DJW_0016
3713_DJW_0055
investor opportunity downtown toronto, 3 years rental guarantee Starting at $152,900 or from $298 per sq. ft. Located at Queen & Spadina. 7.5% annual income for the first three years, excluding realty tax. Close proximity to many attractions. Ideal tourist location. HomeLife CultureLink Realty Inc., Brokerage 905.752.0880 905.940.3766 Email: info@mandarinhotelcondos.com (Exclusive Agent. www.mandarinhotelcondos.com Brokers Protected)
commercial plus apartments - downtown ridgetown Featuring 3 1-bedroom and 1 2-bedroom apartments on 2nd floor; 2 1,200 sq. ft. stores on ground floor. New wiring, plumbing, bathrooms, kitchens and appliances with 4 separate gas furnaces. Controlled entry. The 2 stores have separate hydro meters, central air conditioning and 2 gas furnaces and A/C. Potential gross income $46,440 yearly at full occupancy. Low asking price: $299,000. For Marketing Brochure contact: Winston Davies, Broker of Record WinCorp Realty Inc., Real Estate Brokerage Tel: 519.836.2080 Fax: 519.836.2081 Email: wjmdavies@rogers.com
ld
so
FREE SUBSCRIPTION!
3313_DJW_0087
3312_DJW_0001
needed plazas to sell have investors looking John Paisley, Broker Midevco Commercial Realty Corporation, Brokerage 905.639.7426 Ext. 202 Email: john@midevco.com www.midevco.com
Get The Commercial Investor delivered directly to your door! See inside for details
FC_3713 (COM)
industrial Princeton - 11,640 sq. ft industrial on 1.79 acres M3 Indusrial, outside storage, 1 min. to Hwy 403, 10 mins. to Woodstock/Brantford/Hwy 401. Asking $995,000. woodstock - 5,000 sq. ft industrial building on 10 acres - Transportation/outside storage plus many Commercial uses, 747 ft Hwy frtge, includes 5 BR house rented monthly, across from Toyota Mfg & 5 minutes to Hwy 401/403. Asking $1,395,000. John Whittaker, Broker Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage 905.338.8877 Direct: 905.867.1033 jwhittaker@cbci.ca
COMMERCIAL OPPORTUNITIES
Situated along QEW corridor in Grimsby at Casablanca Blvd. 1100 sq./ft. Units starting at $264,900. Larger units available! Ideal for investors or end user. Surrounded by high density residential development with direct exposure to QEW and major anchors. 3713_DJW_5_0044
FOR LEASE
STARTING AT $10 PER SQFT. INCLUDING UTILITIES
3713_DJW_2_0064
FOR SALE OR LEASE
Thriving sub shop in Sutton, Ontario, just North of Toronto. Operating as Mr. Sub. Established for over 10 years. Owner retiring. Call listing agents for details. 3713_DJW_2_0065
FOR SALE OR LEASE Direct QEW Exposure
$1.78 MILLION OR $4 PER SQFT.
$10 PER SQFT. PLUS $3 TMI/CAM
21,000 sq. ft. of prestige industrial space with 25 ft. ceilings and 3 load levelling docks. Office space component consists of 5000 sq. ft. Adjacent to the QEW corridor with easy access to the highway in Lincoln. Vacant lot next to building included for future expansion. 3713_DJW_2_0030
*HomeLife Macro Realty Inc., Independently Owned & Operated
2G
$169,900
New “Brighton Business Park” in St. Catharines. Near the new Niagara Health Centre/Hospital, Smart Centres Complex and near highway access. Gross lease available, divisible between 1000 sqft. to 2500 sqft. for Office and Light Duty Industrial Uses. Starting at $10 per sqft. including utilities.
Brokerage
COM
BUSINESS FOR SALE
Over 10,000 sqft. combined office and warehouse space, along QEW corridor in Lincoln with easy truck access, ample parking, great visibility. 2+ acre site has many possibilities to grow and expand. For sale at $2.3 Million. 3713_DJW_3_0040
Nicholas Kazan, Broker Nicolas von Bredow, Broker
905.574.3038 1.888.751.2229 www.HLCommercial.com
11268720_3713
H O M E L I F E M ACRO
*
COMMERCIAL RETAIL/OFFICE CONDOMINIUM OPPORTUNITY
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
$12,000,000
ASKING PRICE
Five tenants including a pharmacy. Almost 10,000 sq. ft. space. High traffic area. Ample parking. Great investment. Much redevelopment expansion in the area.
$2,600,000
B1
Fantastic Opportunity, free standing building, high traffic area. Perfect for Investor User, ample parking. ASKING PRICE
$3,888,800
B2
RETAIL, VAUGHAN
Over 11,800 sf, fully renovated freestanding building, two storey, potentially be leased separately making this a great owner/investor opportunity. Immediate access to 400 series hwys, Airport and International Center. C1
User/Investor/Development Opportunity. 5 apartments, 1 store. Excellent rental income. Low risk investment. Income statement available. ASKING PRICE:
$1,299,000
c2
MIXED USE, ELLIOTT LAKE 3713_DJW_0100
MIXED USE, OAKVILLE
Great opportunity to redevelop. Possibility of High Density up to 10 stories. Near New Oakville Hospital (Under Construction). ASKING PRICE $2,500,000
D1
DEVELOPMENT PROJECTS
ASKING
$1,150,000
- Brampton, development land, 3.5 acres, permits industrial use as well as certain commercial use. ASKING
$1,050,000
PER ACRE
- Brampton, two lots, 1.1 acre. Many uses are permitted. ASKING $2.9 MILLION E1
3713_DJW_3_0088
ASKING PRICE
$1,999,000
B3
UNDER CT CONTRA
In heart of downtown Hamilton. 30,000 s.f. building with retail on the main floor. Fully tenanted. Office space on 2nd and 3rd floor for renovation. Good project with low cost of approx. $50/s.f. Call for details. ASKING PRICE $1,595,000
C3
MIXED USE, VAUGHAN
Great investment opportunity in Elliot Lake Downtown, excellent project with retail on the main floor and office or residential. apartments on the second floor which is vacant and ready to be developed. Call for details. ASKING PRICE: $1,095,000
D2
BUSINESSES FOR SALE
- St. Catharines, mixed-use, 3 stores, 13 apts, opposite to Brock University, Opening 2014.
Retail, User/Investor, Plaza 5,000 sq. ft., over half an acre of Land, Multiple Tenants, Newer Construction, priced to sell. Phase 1 & 2 completed.
3713_DJW_0101
ASKING PRICE $1,950,000
A3
OFFICE/RETAIL - HAMILTON
3713_DJW_4_0088
OFFICE - TORONTO
$3,950,000
RETAIL. MISSISSAUGA
3713_DJW_0099
ASKING PRICE:
ASKING PRICE
3713_DJW_1_0132
RETAIL TORONTO 3713_DJW_0097
RETAIL, OSHAWA
A2
3713_DJW_0098
A1
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.
3713_DJW_3_0086
$2,600,000
ASKING PRICE
Excellent location in ‘Bayview Village’, 30 apartments, newer roof, many upgrades.
$1.2
User/Investor/Development opportunity, 2 neighbouring buildings, 6 apartments, 3 stores, parking, good income. Call for details. ASKING PRICE: $1,298,000
D3
U.S. PROPERTIES
- Shell with Tim Hortons. Profitable. Net income approx. $600K. CALL FOR DETAILS - Petro Canada. Profitable. Net income approx. $500K. CALL FOR DETAILS - Sports Bar Triple ”A” Franchise. Busy intersection. ASKING
3713_DJW_0102
Potential Redevelopment/Investment opportunity available in Georgetown. Restaurant, Banquet Facilities, Retail Stores, Apartments.
RETAIL - TORONTO 3713_DJW_0096
MULTI-RESIDENTIAL, TORONTO 3713_DJW_0095
MULTI-USE, GEORGETOWN
®
MILLION
- Williams Fresh Café with Yogurty’s franchises in ASKING $495K Burlington plaza. - Kelsey’s in Toronto. Serious buyers only. CALL FOR DETAILS
E2
- Miami, Florida: New Office/Retail Park. CALL FOR DETAILS
- Orlando, Florida: Brand new construction, tenant McDonald, NOI & $125,000. Long lease. CALL FOR DETAILS
- Sarasota, Florida: Two building Retail/Office complex. 12.858 sf, high traffic. ASKING
$1.5
MILLION E3
11270998_3713
3G
COM
11276500_3713
4G
COM
Volume 13 Issue 10
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 10
Commercial Real Estate & Business Opportunities
special features 07 MONEY SENSE — When buying a second property 10 HOT TOPIC — Thinking of buying an investment property? By Wayne Karl
14 IN THE NEWS — Small businesses welcome decision to freeze EI premiums
10
20 LEGALLY SPEAKING — Winning the game - Why some businesses succeed and others fail By Jayson Schwarz
48 IN THE NEWS — Canadian farmland values reach record levels in 2013 as demand outpaces supply in most markets 56 MONEY SENSE — Putting your home to work By Elisa Krovblit
62 BUSINESS SAVVY — Protect your name and brand equity
66
66 IN THE NEWS — Canada named a “Top 5” country for entrepreneurship
Glossy Section Editorial 14G TAXING ISSUES — Selling a real estate investment property By Henrny Choo Chong
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Volume 13 Issue 10
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 10
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Kitchener, Waterloo & Guelph section COverIng: Cambridge • Durham • Elora • Fergus • Guelph • Kitchener • Waterloo For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
519-745-7000
Grand Valley Realty BROKERAGE INDEPENDENTLY OWNED AND OPERATED
Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9
Mike Milovick B.B.A., Sales Representative
CI@TeamMilovick.com
fax: 519-489-1333
8302191_3713
Royal LePage
www.TeamMilovick.com
Invest in Ontario’s Number 1 Town Today!
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick
D L O S
34 BRIDGEPORT ROAD EAST, WATERLOO
253-255 ALBERT STREET, WATERLOO
• Purpose Built, Stunning Building • 8 Residential Units, 2 Commercial Units • Tremendous Location: 97 Walk Score - Walker’s Paradise • 5.69% Cap • MLS® 3713_DJW_1_0035
• New Northdale Mixed Use Zoning • 82 Bed • Re-Development Potential • Steps to WLU • Over 1/3 of an Acre • MLS®
2,600,000
$
317 SPRUCE STREET, WATERLOO
$
1,189,000
3713_DJW_1_0007
335 WAYDOM DRIVE, AYR
164 HERBERT STREET WATERLOO
D L O S 1,050,000
$
$
• $92,000+ Gross Annual Income • 6.19% Cap • Legal, 15 Student, Rental Licensed Triplex • 9.49% Cash on Cash • MLS® 3713_DJW_2_0029
599,900
• 2.6 Acres of Industrial Zoned Land • Highway 401 Exposure • MLS®
529,900
$
• Flexible Z9, Z11 zoning • Generous Lot Coverage Allowance 3713_DJW_1_0011
109 KEATS WAY PLACE, WATERLOO
• $51,300 Potential Gross Income • 6.37% Cap Rate • MLS®
• 9-(5+4) Student, Rental Licensed Opportunity • 10.33 Cash on Cash Return
3713_DJW_1_0036
191 CEDARBRAE AVENUE, WATERLOO
D L SO 449,900
$
• Student income earner.
$
• Walk to UW.
325,000
• House with registered accessory. • Opportunity to set own rents. 3713_DJW_0024
558B BROOKHAVEN DRIVE, WATERLOO
419,000
$
• Ideal 3+2 layout • Freehold - no condo fees • MLS 3713_DJW_1_0107
144 ERB STREET WEST, WATERLOO
• Student Recognizable Street • Legal 8 (5+3) student Opportunity
3713_DJW_1_0038
1-455 ALBERT STREET, WATERLOO
• $39,000 + Potential Gross Income! • Desirable 5+2 Bedroom Layout • Steps to Waterloo Park, Easy Walk to Universities
D L SO 294,900
214,900
$
• $2375 Monthly Gross Income • $4300 + Annual Cash Flow • MLS®
• $41,000 Potential Gross Income • Recent updates to Main Unit • MLS®
$
• Re-rented for September, 2013! • 5.53% Cap 3713_DJW_1_0037
439,900
• Super Entry Level Opportunity • City Rental License Approved • MLS®
$
3713_DJW_0117
Please say you saw it in The Commercial Investor
• $1500 + Monthly Income • Re-rented unit at least August, 2014 3713_DJW_1_0040
Kitchener/Waterloo Guelph & Cambridge
Volume 13 Issue 10
6
Volume 13 Issue 10
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
Whitney & Company Realty Ltd., Brokerage
INVESTMENT OPPORTUNITIES 2725 HERRGOTT RD. ST CLEMENTS
• 16 unit apartment building (1 & 2 bedrooms) • Well maintained • Almost no vacancy for 24 years • $1,355,000
28 ELGIN STREET, WATERLOO
MLS 3713_DJW_0040
89-103 MAIN STREET, CAMBRIDGE
• 33,218 sq. ft. office building • Potential redevelopment opportunity • Portion of building also available for lease • $1,500,000
MLS 3713_DJW_1_0097
• Nicely finished, open concept, office space • High profile location with ample on site parking • 10,000 to 25,471 sq. ft. available MLS • $5,250,000/$17.50 per sq ft net 3713_DJW_1_0057
MLS 3713_DJW_1_0022
• Redevelopment opportunity • 25,250 sq ft on 1.19 acres • Zoned for high density development • $2,295,000
• 18 unit apartment building • Bach, 1 & 2 bedroom suites • Solid construction, brick exterior
MLS 3713_DJW_1_0025
MLS 3713_DJW_1_0137
KOSSUTH ROAD, CAMBRIDGE
MLS 3713_DJW_1_0023
• 25.5 acres • Future development potential • Easily access to Kitchener, Cambridge, Guelph MLS • $559,900 3713_DJW_1_0024
105 OAK PARK DRIVE, WATERLOO
• 1,464 to 2,982 sq. ft. office/retail • New building - Occupancy June 2013 • Patio space available with end units • $20.00/sq ft net
MLS 3713_DJW_1_0056
380 ERB STREET, WATERLOO
1015-1051 KING ST E KITCHENER
27 RIVERVIEW PLACE, KITCHENER
• 3.63 acres industrial land • In prestigious Grand River Business Park • Located just off Victoria St. N, Kitchener • $671,550 ($185,000 per acre)
MLS 3713_DJW_1_0099
• 23 unit apartment building (1 & 2 bedrooms) • Solid construction, brick exterior, balconies • Great Waterloo location. • $2,489,000
3065 KING STREET EAST, KITCHENER
895 WILSON ROAD, KITCHENER
• 14,400 sq ft warehouse/office space • 2 drive-ins & 1 dock level loading • 16’ 20’ ceilings; 800 amp service • $5.95 per sq. ft net
• 17 Units, 48 beds; • 1 Bach, 1-2 Bedroom, 15-3 Bedroom • Presently rented as student housing. • $3,355,200
475 PARKSIDE DRIVE, WATERLOO
305 KING ST. W., KITCHENER
MLS 3713_DJW_1_0029
• Office suites from 1,000 to 30,000 sq. ft. • Recently renovated • Underground/surface/off-site parking • From $7.95 sq ft net
MLS 3713_DJW_1_0030
8157182_3713
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 10
7 Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
Whitney & Company Realty Ltd., Brokerage
LEASING OPPORTUNITIES
1,381 sf turnkey medical office, 1,409 sf retail High traffic location & University & Weber Sts Free onsite parking $25.00 per sq. ft. net MLS
• • • •
• • • •
LS
820 - 9,605 sq. ft. retail/industrial units New owner - improving property Great access to Hwys 7, 8 & 85 From $6.00 per sq. ft. MLS
• 1,049 sq. ft. retail/office space • Great exposure on roundabout • Ample, free on-site parking • $19.95 psf net MLS
3713_DJW_0013
Great open concept 2nd floor space Own private entrance Located in heart of uptown Waterloo 2,032 to 4,065 sq. ft. MLS
42 BRIDGEPORT RD. E, WATERLOO 3713_DJW_0014
18 FISCHER HALLMAN, WATERLOO
3713_DJW_2_0028
92 KING ST. S., WATERLOO
M
3713_DJW_3_0026
• • • •
260 DOON SOUTH, # 8, KITCHENER 3713_DJW_2_0019
1595-1601 VICTORIA ST. N. KITCHENER 3713_DJW_2_0058
65 UNIVERSITY AVE, WATERLOO
• Turnkey Hair Salon • Furniture & fixtures available • Free onsite parking...great location • $19.95 psf net
• Units 2-3. 3,155 retail/office condo • Finish to your specifications • Tenant inducements to qualified tenants • $18.00 psf net/$964,500 MLS
MLS
11274704_3713
James Craig, Sales Representative james.craig@whitneyre.com Ext 259
Matthew Dickson Sales Representative matthew.dickson@whitneyre.com
Ext 261
519-746-6300
Although the information contained within is from sources believed to be reliable, no warranty or representation is made to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Whitney & Company Realty Ltd., Brokerage.
moneysense
When buying a second property
A
equity you’ve built up is one way to contribute to the minimum 25-percent down payment required for investment and cottage properties.
re you dreaming of spending summers at
2. If you need financing, set up a new mortgage for your second property. Also, you must have sufficient income to carry all debts, including your primary residence. For most investment and vacation properties, financing can be provided using a standard mortgage. All of the different options and terms available when financing your primary residence are also available on your second property.
a lakefront cottage? Or
maybe you’ve always wanted to
own a condo as an investment? Whatever your reason for wanting to purchase a second property, knowing your financing options before you buy is crucial to avoid surprises down the road. Three things to consider: 1. You may be able to use the equity in your home as a down payment for your second property. Using this
3. Most insurance policies for vacation homes are “named perils” versus “comprehensive” policies. Named perils means you have protection for specific risks named in the policy such as fire or smoke damage. Other risks like water damage or vandalism can be more difficult or expensive to obtain coverage for because there isn’t someone living there year round, which increases the security risk. Insurers such as TD Insurance will work with you to determine what the best policy is for you and explain what each term means. More information is available online at tdcanadatrust.com. NC
Please say you saw it in The Commercial Investor
8
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge 8331512_3713
Please say you saw it in The Commercial Investor
Volume 13 Issue 10
Commercial Real Estate & Business Opportunities
9 Kitchener/Waterloo Guelph & Cambridge
Volume 13 Issue 10
8171433_3713
Please say you saw it in The Commercial Investor
10 hottopic
Commercial Real Estate & Business Opportunities
Volume 13 Issue 10
Thinking of buying an investment property? By Wayne Karl
R
ecent mortgage rule changes from the federal government make it more challenging for people to buy investment
properties, but if you have the cash and know what
you’re doing, opportunities await. Buying an investment property is different than buying a primary residence, and it’s about more than down payment requirements. Rule number one when you’re setting out as an investor is to take a longterm view with an emphasis on generating positive cash flow. Your strategy should be to buy, hold and rent the property to generate income over and above your mortgage costs, while building equity over time. Achieving positive cash flow means renting out the property for more than the monthly costs. But once you include condo fees, taxes, insurance, property management fees, maintenance and advertising, the financial picture can look different. If you can generate positive cash flow, the benefits are three-fold: you pocket the surplus; you build long-term equity while someone else pays down your mortgage; and when you go to sell, you gain from any value appreciation in the property. With the federal government’s changes to mortgage rules, as of April 19 buyers need a minimum 20-per-cent down payment for investment properties. On the plus side, you have to borrow less and your monthly payments are lower. For example, if you buy a condo for $200,000 and put down 20 per cent, or $40,000, your basic mortgage amount would be $160,000. At an annual interest rate of 5.25 per cent over a 30-year amortization, your monthly mortgage payment is $878. As an investor/landlord, you will want to pay attention to vacancy rates, which Canada Mortgage and Housing Corp. (CMHC) summarizes, along with average rents, in its twice-annual rental market reports. An increasing rate means rental supply is growing and renters have more to choose from, and you, as a landlord, may have trouble renting out your property or increasing the rent. Declining vacancy rates are music to your ears, because that means supply is tightening and your property may be in higher demand. A vacancy rate between two and three per cent is generally considered a balanced market, meaning supply of rentals is appropriate for the demand. Anything below that level is ideal.
Like real estate prices, rental markets vary between specific areas, or even streets. It’s necessary to do your research to determine which areas have a tight supply. Look for areas with strong economic fundamentals: job growth, population influx, average income growth and increasing property purchase prices. Other influences in value appreciation are proximity to mass transit, shopping, schools and amenities. Ultimately, you want a property that appeals to potential owners, not just renters, because if you can’t sell it to someone else one day, you won’t be able to take advantage of any increase in value. How to set the “right” rent – high enough to yield positive cash flow, but not so high you price yourself out of the rental market for the area? First, find out what comparable units in the area rent for by checking sources where landlords advertise. You can also check provincial rent registry databases, along with CMHC’s rental market reports. Downtown properties might be your first choice as a location for an investment condo. The location no doubt appeals to a lot of renters, but it’s also where average prices are higher and therefore less affordable than out of the city core. This makes achieving positive cash flow more difficult, because you might not be able to rent out your unit for what you need to cover your mortgage and expenses. You might have better luck buying in some of the outlying areas, where, due to transportation improvements, tenants can live but work downtown and still have a reasonable commute.
Please say you saw it in The Commercial Investor
Volume 13 Issue 10
11 Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
The Cliff Rego Diamond Award Winning Team: • P l a c e d To p 2 0 i n C a n a d a * • To p 1 % i n t h e w o r l d f o r R E / M A X * * • Sales over $137 Million in 2011 and 2012 combined
Cliff Rego
*RE/MAX International Statistics 2012 **For markets with population of 50,000 to 150,000
Broker
519.740.7222
Rick Wyatt
Sales Representative
Real Estate Centre Inc. Brokerage
519.623.6200
Super traffic exposure. Loads of parking. Bright store front window. Lighted sign box and large pylon sign. Easy rear loading access. $1300/month + HST + Utilities. MLS® 1394466.
$1,300/MONTH
Situated in high traffic area. Offering abundant parking! Great opportunity w/loads of space & lrg windows providing abundant natural light. Space includes office areas, kitchentte, bathrooms & lrg open concept area. MLS® 1394324.
$8.00/ SQ. FT.
3713_DJW_0009
$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® 1394604
$675,000
3713_DJW_1_0055
Excellent investment opportunity! Extensive pedestrian and vehicle exposure for commercial section. 5 upper apartments plus over 5000 sq ft of vacant commercial space. Commercial area could be divided into 3 separate areas, including a store-front section. There are 3 separate meters, furnaces, A/C. 5 apartments, 2 1- bedroom, 3 2bedroom, separately metered, tenants pay utilities. Income = $36,000/ year. MLS® King 3713_DJW_1_0112
FULL SERVICE - RESIDENTIAL COMMERCIAL & INVESTMENT
Broker, B. Science, D. Pharmacy
RE/MAX Real Estate Centre Inc., Brokerage 766 Hespeler Road Cambridge, ON N3H 5L8 Independently Owned & Operated
519.623.6200
te a m a m i t a i ri @ g m a i l . c o m BrAnd new Building
$549,000
3713_DJW_0062
Development potential. Unique & gorgeous! Great investment opportunity! 2 beautiful & spacious 4 bedroom attached homes, plus a large 2 bedroom legal in-law apartment. 3 incomes with over $37,000 net. MLS® 1321940 3713_DJW_2_0056
TeAm AmiT Airi
Amit Airi Off:
11269765_3713
Each office independently Owned and Operated
|
W W W. A M I TA I R I . C O M
8148789_3713
COMMERCIAL PROPERTIES
18 stacked townhouses. Building has 78 inSTiTuTiOnAl ZOning $599,900 rooms, 36 bathrooms. Free cable and WIFI to A rare find! Institutional zone property currently used as place of worship in very good condition, it each individual room and building is almost has fully furnished basmt w/kitchenette & big hall. Property size approximately 4 acres (582.95 ft. fully rented. Approximately $480,000/yr rental frontage). Lots of parking, zoning allows many uses. Close to 401. mlS #1390706 income with a cap rate of 6.7%. An excellent inreSidenTiAl & COmmerCiAl $369,900 vestment property, close to Conestoga College Excellent opportunity to own an income generating investment property with mix residential and and 401 in Kitchener. mlS #1394414 commercial zoning, recently renovated from top to bottom. Huge lot, main floor commercial is leased Please Call for details! for $1000/month, upstairs large 2 bedroom apartment is leasing for $1000/month, basement has complete seperate unit, is available for $600. 80’ X 160’ lot. Please call for details. mlS #1301488
$5,700,000
BUSINESSES FOR SALE Five Pizza Stores 50,000 - $250,000 Laundromat $ 69,000 - $169,000 Taxi Plates & Companies $ 99,000 - $450,000 Two Convenience Stores $ 99,900 - $119,000 Financials available for qualified buyers Please call Amit for details! $
TruCK rePAir SHOP $949,900
Attention Transporters: great opportunity to own a business with property. Well established business comes with all the equipment to run truck tire sales & repairs.One acre property with 5,000 sq ft. built area located on great location with easy access to 401. Zoning allow outside storage. mlS #1383849
STriP PlAZA $774,900
Priced sharp for quick sale! Excellent investment opportunity! Commercial and residential mix. Commercial plaza consists of 3 Commercial stores, four apartments and single detached house. Listed at 7.75% Cap Rate. mlS #1390706
6 inVeSTmenT PrOPerTieS $250,000 - $450,000 Newer homes, rented at a great price. Properties range from $250,000-$450,000. Available for purchase individually or buy whole corporation of 10 properties. Great rent to purchase ratio, in strong, stable market with reasonable growth.
Please say you saw it in The Commercial Investor
12
Commercial Real Estate & Business Opportunities
Volume 13 Issue 10
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SouthweStern ontario section
COverIng: Brantford • Chatham • Grey & Bruce Counties • Ingersoll • London • Owen Sound • Sarnia • Simcoe • Stratford • St. Thomas • Tillsonburg • Windsor • Woodstock For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 13 Issue 10
13
Commercial Real Estate & Business Opportunities
Southwest Ontario
Ideal central Bruce Peninsula location, this pub/ restaurant/inn is located in a growing tourist community. Open year round, this establishment caters to locals, summer cottagers, tourists, Bruce Trail Hikers, boaters, and winter snowmobilers. This is a well established (since 1996) country inn. The restaurant, dining area, patio and pub area seats 104 people. There are four guest rooms in the tradition of an old English Pub. Liquor license and special events menus. The covered outdoor patio has a view of the Lions Head Harbour & Marina. There is also an enclosed patio, ideal for cooler summer evenings. History of revenue growth. Turnkey operation... business, building, land and chattels.
0026
0025
A 9/18 Hole Hybrid Golf Course located in Tobermory on the Bruce Peninsula, a very busy tourist community with 2 National Parks, shopping, 2 marinas, boat launch, beaches, Park’s Canada Tourist Centre, and is Canada’s #1 destination for Scuba Diving. The 1500 sq. ft. Club house has Pro Shop, plus restaurant and double the space in lower level with owner/operator suite and storage. 1000 sq. ft. deck accommodates both golf & restaurant traffic. Member locker and cart storage. Large maintenance building. 100 acres in total - 70 acres currently maintained with remainder developable for future revenue potential. Mini Putt and Driving Range, 7 ponds - 4 supply water needs for the course.
0027
CORNERSTONE GOLF CLUB $995,000
0028
LIONS HEAD INN - $599,000
FERNDALE OPPORTUNITY $199,000
0082
0031
LIONS HEAD COMMERCIAL $110,000 Commercial building in the tourist town of Lions Head on the Bruce Peninsula. Two floors. Upper level is a 2 bedroom residential apartment with current long term renter. Main floor has 2 store front rental units. Ideal investment property.
0029
0030
INNISFREE B&B - $699,000
Successful, established B&B in the Tobermory Harbour on the Bruce Peninsula. Attracting guests from all over the world and boasts full occupancy during the busy summer months. Views of Tobermory, the International Harbour, the Chi-Cheemaun and Georgian Bay are STUNNING! Upgraded living quarters include 2 bedrooms offering incredible views, walkouts to upper deck and share an uspcale 3 pc bathroom. Three other bedrooms have their own individual 3 pc ensuites. Large sun room/dining area in front overlooks the harbour. Beautiful stone fireplace rounds off the comfortable great room. Kitchen is huge, well laid out and recently renovated. The 1 room Bunkie or the garage with 2 bedrooms, kitchen, living area and 4 pc bath are ideal for owner/operator living or additional income.
Storefront, Studio, Business Centre...or use your imagination. This 1500 sq foot building is centrally located on the Bruce Peninsula. High traffic area and good exposure. Several large rooms for displays or other potential. Reception area and 2 piece bathroom. Lots of storage and potential in basement. Lots of parking. Comes with 3 bedroom home, ideal for owner operator or rental potential.
11278697_3713
Please say you saw it in The Commercial Investor
14
Volume 13 Issue 10
Commercial Real Estate & Business Opportunities
Southwest Ontario
Wilfred McIntee & Co. Ltd., Brokerage 2-334 Sykes Street South Meaford, ON N4L 1X1 Phone: 519-538-3240 Toll free: 1-877-434 SALE (7253)
ROBERT MACKEY
B ROKER B u s: 519- 538- 3240 ext 222 C ell: 519- 270- 1715 ro b er t .m ackey@m cin tee .ca
0
90
, 69
$1
KRISTA CLANCY
SALES REP Bus: 519-538-3240 ext 226 Cell: 705-444-4494 krista.clancy@mcintee .ca
$7
11278698_3713
AT ET NG N TI FT R A Q ST 50/S . $3
0
00
, 19
JACKIE FLORIO
SALES REP Bus: 519-538-3240 ext 229 Cell: 519-375-4565 jackie .florio@mcintee .ca
THRIVING PIZZA DELIGHT FRANCHISE Sale of business only. Here is an opportunity to be your own boss. Turnkey 40 seat dining room with take out and delivery. Fully licensed. Offers a varied menu including specialty salads, pastas, ribs, chicken and a variety of pizzas. Excellent income. Price does not include stock. Listing agent has an interest in the business. #3369-CA 3713_DJW_0041
$2
INDUSTRIAL/RETAIL SPACE IN MEAFORD Available in many sizes ranging from 1980 sq ft up to 55,400 sq. ft. Starting at $3.50/sq. ft net. Call to get a quote on the size of space you need. Drive-in & dock level doors available. #3258-SC 3713_DJW_0043
0
00
0,
5 ,4
ACROSS FROM MEAFORD HARBOUR Redevelopment one acre across from Harbour and overlooking Bighead River. Ideal area for combination condo/commercial development. Seller will consider. V.T.B.. #3364-ON 3713_DJW_0042
$5
INVESTMENT OPPORTUNITY 27 unit apartment complex consisting of 3 separate bungalow style buildings. Units enjoy a full basement for storage and have laundry facilities in common with other tenants. Residents can enjoy the gazebo overlooking the Bighead River and there is also a BBQ for tenant’s use. Parking is provided. An easy walk to all amenities. #3130-LE 3713_DJW_0044
00 ,0 FT 85 Q $4 $5/S or
TH
ON
M
/ 95
2 UNITS REMAINING
LARGE INDUSTRIAL SITE
New multi unit industrial building ready for occupancy. 1000 sq ft units with 2 pc washroom and 2 parking spaces. Rent will be triple net. Miniumum 1 year lease term. #3306-AP 3713_DJW_0045
Close to downtown Meaford with buildings already in place to set up your business. Or it would make a great redevelopment site. Sale will be restricted to anyone in a competing business. Seller has moved to new premises. #3356-KN 3713_DJW_0046
www.mcintee.ca | Toll free: 1-877-434 SALE (7253) | Fax: 519-538-5087
inthenews
T
Small businesses welcome decision to freeze EI premiums
he Canadian Federation of Independent Business
(CFIB) is applauding
the recent decision by the
federal government to freeze Employment Insurance premiums for both employers and employees for the next three years - 2014, 2015, and 2016. Given the increases that had previously been projected for 2014 and 2015, this announcement represents a savings of up to $340 next year for a small business employing 10 employees. As employers pay 60 per cent of the cost of
the EI system, small firms can use these savings to hire, improve wages or help grow their businesses. “As payroll taxes like EI are particularly challenging for small business, [the] announcement of an EI rate freeze is fantastic news for Canada’s entrepreneurs and their employees,” said Dan Kelly, CFIB president “This move will keep hundreds of millions of dollars in the pockets of employers and employees which can only be a positive for the Canadian economy.” In addition to pushing for an EI rate reduction starting in 2016, CFIB is fighting hard against the push by many provinces for a CPP/QPP increase. “Clearly, our work on payroll taxes is not done” added Kelly.“An increase in the CPP/QPP will take more out of the pockets of Canadians than it will return to them in terms of pension benefits.” For more information on CFIB’s efforts to push back against a CPP/QPP increase, please visit the CFIB website: http://www.cfib-fcei.ca/english/ article/5078-cpp-qpp-increases-all-signs-point-to-trouble-for-canadians. html. CFIB is Canada’s largest association of small and medium-sized businesses with 109,000 members across every sector and region of the country.
Please say you saw it in The Commercial Investor
Volume 13 Issue 10
15
Commercial Real Estate & Business Opportunities
RON Brown Port eLgin, on
SALeS rePreSentAtive
519-389-4344
PORT ELGIN INVESTMENT OPPORTUNITY
11278926_3713
2913_DJW_2_0051
N
Ew
PR
Ic
E
LOCATION LOCATION LOCATION
This 32 seat restaurant with additional 32 seat patio overlooks Georgian Bay. Land and building for sale with restaurant chattels including 2 bedroom residence with 4 pc bath and additional 1 bedroom apartment. Call Sharon for all the details. $399,000. 3713_DJW_0105
FOR LEASE OR SALE Move your business into this recently renovated office building with modern finishes in Owen Sound. Financing available OAC. $269,900.
2913_DJW_2_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 rented on a month to month basis. Potential for weekly summer rentals. Appraised in 2012 for $713,000. Listed for $365,000.
3713_DJW_0106
11277077_3713
8847751_3713
PINHEIRO REALTY & INS. LTD 696 Hamilton Rd., LONDON, Ontario
519-451-2696
Joe Pinheiro
Broker of Record
Kris Romnes Sales Rep
COMMERCIAL OFFICES/ WORKSHOP SALE $339,900 OR LEASE OFFICE SPACE $1,495 Property includes 1,200 s/f of Office sp. with meeting rms, C/ Air, 1,000 s/f shop + attached garage. Ideal for Insurance, Medical, Real Estate. 1 min. to downtown. Call JOE! 3713_DJW_1_5001
VILLAGE SALON $39,900 Upscale Salon in fabulous ‘Old South’ location. Owner operated for 20+ years with a large list of regular clientele. Turn key operation - with 9 hair stations,3 washing stations & esthetics room! Call Kris. 3713_DJW_3_0039
ESTABLISHED LONDON RESTAURANT Step into your own well cared for business w/regular clientele. Seats 39, ample parking, many updates! Price includes all equipment, business & building! $149,900. Call Kris or Joe for details! 3713_DJW_8015
Please say you saw it in The Commercial Investor
Southwest Ontario
Email: r.e.brown@bmts.com | Cell: 519-706-0125
16
Volume 13 Issue 10
10863226_3713
Commercial Real Estate & Business Opportunities
Century 21 Heritage House Ltd., Brokerage Independently Owned and Operated
Don Patchett Sales Representative
Brian Keeping Sales Representative 519.535.0381
Joan Hutchins Tracey Sherman Sales Representative Sales Representative 519.533.7856 519.532.9642 Realestatelady21@rogers.com Your Friend in Real Estate
3713_DJW_4_0092
Office: 519.539.5646
David Hilderley Sales Representative 519.537.1469 www.DavidHilderley.com david.hilderley@centrury21.ca
3713_DJW_3_0091
Cell: 519.421.8911
www.DonPatchett.com
3713_DJW_5_0090
BUILD YOUR BUSINESS HERE
PRIME CORNER LOCATION
$79,900. Approximately 1 acre of flat, vacant land located on a major road on the west end of Woodstock. Zoned Highway Commercial C4, there are dozens of opportunities to build your business right here! Call Dave.
1941 square feet. Wheelchair accessible. Reception area, offices, washrooms and large open area. Plenty of parking. Located on Woodstock’s main street with easy access to the 401. Call Brian
3713_DJW_3_0035
3713_DJW_0083
SUPER LOCATION Looking for professional office space in Woodstock? This unit features 2181 sq. ft. of finished offices with ample storage, washrooms, and a lunch room. Elevator, handicapped washrooms, generous foyer, large windows for natural light and ample phone/electrical outlets. Landlord is willing to discuss and implement a different configuration or leasehold improvements. Call Dave. 3713_DJW_3_0073
Southwest Ontario
Business is at a Crossroads... It’s called Woodstock, Ontario
PROFESSIONAL OFFICE SPACE
CHEAPER THAN RENT! $99,900 Zoned M3 ‘General Industrial’. Clean unit used for storage. Low fees, quick closing available. MLS 71781. Call Don.
Clean as a whistle and right downtown, we offer commercial space available immediately. There are 2096 sq. ft. to lease @ $15.00, all utilities included except electricity (hydro). Parking at the rear, lunchroom, lots of window - wall for natural light, elevator access. Call Joan.
LOCK, STOCK & BARREL
Woodstock’s largest night club. Successfully run by same owner for last 20 years and he’s now ready to retire! Asking $199,000. Price includes all chattels and inventory. Don’t miss this great opportunity. Licensed for 343 people. Buyers must be pre qualified and discretion is a must. Call Tracey.
Renate SiebeR Land exchange Ltd. brokerage
Wingham
broker of Record
519-357-3332
Cell:
Independently Owned and Operated
519-531-1177
262 Josephine St., Wingham
www.remaxlandexchange.ca
11264376_3713
$385,000
$525,000
DEVELOPMENT SITE
EXCLUSIVE
PRIME COMMERCIAL/ DEVELOPMENT in the centre of Wingham; highway commercial zoning; Environmental Study Available MLS# 262000 Call Listing Agent for full information package.
PRIME COMMERCIAL/ DEVELOPMENT property in the centre of Wingham/North Huron; Highway Commercial zoning; Environmental Study Available Call Listing Agent for full information package. 3713_DJW_2_0136
3713_DJW_2_0137
Please say you saw it in The Commercial Investor
410 Shuter Street, Wingham ZONED and Ready to Go for up to 23 dwelling Units Prime Residential 1.6 Acre Development Close to Hospital and Schools
$325,000
Volume 13 Issue 10
17
Commercial Real Estate & Business Opportunities
Sal e S Re pR e Se ntat i ve
519.363.2410 pHone: 519.363.3726 davespencer@bell.net EXCELLENT OPPORTUNITY
GOOD INVESTMENT OPPORTUNITY 2,000 square foot retail space. Great window display and rear loading area. Two residential units upstairs. Will lease retail space for $10.50 per square foot.
Operate your own business and live on site. Approximately 1800 square feet of retail space and a modern 1100 square foot apartment has open concept living and rear access. West facing deck to enjoy summer evenings. Sits in the heart of Chesley’s downtown core.
$169,000 HIGH VISIBILITY LOCATION
$145,000
1,000 square foot building set up as restaurant and an older former service station with hoist and car wash. Large parking area is freshly paved. Phase 2 Environmental on file.
3713_DJW_1_0041
$290,000
3713_DJW_2_0097
EXCELLENT COMMERCIAL
$139,000
1200 square foot retail space is wide open with office at the back. The 3 bedroom apartment has been totally renovated with modern kitchen and 5 pc bath with whirlpool tub.
3713_DJW_1_0042
SPACIOUS BUILDING
3713_DJW_1_0044
$89,900
4000 square foot commercial building on Chesley’s main street. Property fronts on two streets. Building is in good condition, can be opened by removing temporary partition walls. 3713_DJW_1_0045
Sales Representative
Southampton
Office: 519-797-5500 | Cell: 519-270-3055 e-mail: donamy@bmts.com www.southamptonhomes.ca
H I G H VI S I B I LIT Y L OC AT I ON - $325, 900 1 7 A LB E RT S T. N. , S OU T H AM P T ON
PRIME CORNER COMMERCIAL- $499,000 5094 HWY 21, PORT ELGIN
Turnkey, no franchise fees, royalties, owner will train. Well maintained bldg., excellent condition. Indoor seating for 24, outdoor patio & take-out window. Vendor financing avail. Price includes building & chattels. www.chipsahoy.org
3713_DJW_0035
ZONED R-3 - $349,900 G R O S V E N O R S T. , S O U T H A M P T O N
Desirable corner lot with high visibility, close to Wal-Mart & Canadian Tire. Ideal location for commercial venture requiring high traffic flow.
NEW PRICE MLS411044000122400
RESIDENTIAL DEVELOPMENT $549,900 LOT 20, CONCESSION 20, SAUBLE BEACH
0.98 acre lot, ideally suited for town homes or semi’s. Just 2 blocks to downtown & sand beach. Level lot, survey available. Zoning R3 & Environment Phase 1&2 documentation available. MLS #2011127129
3713_DJW_1_0402
3713_DJW_1_0043
Excellent opportunity for new housing project, close to Sauble Beach on the edge of existing development. Total of 95 acres; 22 acres had subdivision draft plan with 20 lots. MLS #410254000800500
Please say you saw it in The Commercial Investor
3713_DJW_2_0044
Southwest Ontario
62 1st Avenue South H: Chesley, Ontario N0G 1L0
9992168_3713
11007505_3713
Dave Spencer
Volume 13 Issue 10
Commercial Real Estate & Business Opportunities
Southwest Ontario
Industrial Investment For Sale - London
- Fully rented 21,000 sf industrial
building with new 5 year lease - Also includes two houses and excess land (severance possible) - Net Income: approx. $117,450 per yr Asking: $1,590,000 Contact Brent
Medical Office Building For Sale - London
- Established multi-tenant building - Central east London – minutes from core – 50 car parking lot
- Vacant possession possible - 7,484 sf on 0.75 acres
Asking: $1,100,000 Contact Gary
Long Term Recurring Income For Sale - London
- Prime downtown London location - Commercial level of a condo complex - 3,854 sf on main floor (tenanted),
Industrial/Warehouse For Sale - London
tenancy – 8 cap potential Net Income Asking: $1,575,000 Contact Dave
- 7 year old Multi Tenant building with leases in place - Clean modern facility - 2.15 acres with potential for 16,000 sf addition to be added to the north end of the site Asking: $1,500,000 Contact Dave
Industrial/Warehouse For Sale - Strathroy
Industrial/Warehouse For Sale/Lease – Mt Brydges
3,830 sf on lower level (vacant)
- Corporate covenant with long term
- 93,466 sf on 12 acres near Hwy 402 - Currently set up as multi-unit investment property
- Excellent income potential - Building can be sold in 3 separate
parcels of 30,000 sf Asking: $2,400,000 Contact Tyler
-
10,000 to 103,000 sf on 6.72 acres Warehouse area is sprinklered 18 – 28 ft ceilings Office area is air conditioned Lease Rate: $3.90 per sq ft Net, plus Utilities Sale Price: $2,900,000 Contact Tyler
Please say you saw it in The Commercial Investor
Retail / Automotive Building For Lease - London
- 14,000 sf building on 1.5 acres - Former Honda Dealership - Excellent exposure on Automotive and Furniture Row
- Showroom and Shop Area
Lease Rate: Only $9.00 per sf Net Contact Gary
Owner/Occupier Opportunity For Sale - Forest
- Just north of Forest on Hwy 21 - 3.63 acres - Two buildings totaling 10,560 sf - Building 1: 6,400 sf - Building 2: 4,160 sf Asking: $699,000 Contact Tyler
Industrial For Sale - St. Thomas
- Building includes: 3 office, 2 washrooms, lunch area, boardroom - Approx. 0.96 acres - Easy access to Hwy 401 - Seller will consider “rent-to-own” or long term lease Asking: $444,000 Contact Philip
11275472_3713
18
19
Commercial Real Estate & Business Opportunities
Investment Opportunity For Sale - Woodstock
Loft with Retail Main Floor For Sale/Lease - Sarnia
- 11,000 sf multi-unit medical building - Well maintained, clean building with private entrance for Doctors
- Net Income: $133,825 per year inclusive of management fee Asking: $1,700,000 Contact Brent or Tom
Investment Property For Sale - London
Retail/Office For Sale - Sarnia
- Loft Apartment: 1,800 sf Lease rate $1,900 per month - Main Floor Retail - 2,200 sf Lease rate $12.00 per sf
- 3,000 total square feet - Main floor commercial 1,700 sf - Upper lot apartment 1,400 sf
Asking: $525,000 Contact Kenn
Asking: $219,000 Contact Kenn
Investment Property For Sale - St. Thomas
Southwest Ontario
Volume 13 Issue 10
Industrial Facility For Sale - St. Thomas
30.76 acres
- 2 separate parcels of vacant land - Total of 0.96 acres - Carefree Net Lease to Landlord for approx. 10 year term - Tenant pays all additional expenses
- 5 neighbouring Income producing properties - Zoned C6-3: includes both commercial and residential uses - Minimal Vacancy - $110,000 Net Income 2012 - Potential for Vendor Take Back Mortgage
- 146,000 sf on 16.93 acres - Zoned M2, Industrial & Agricultural - Former plastics and resin manufacturing facility - Loading: 3 drive-in doors, 7 dock doors, and double rail siding directly into the facility
Asking: $390,000 Contact Brent
Asking: $1,100,000 Contact Dave or Philip
Asking: $2,300,000 Contact Dave or Philip
Professional & Medical Building For Sale - Chatham Dominant medical office building in the Chatham-Kent area. Two storey building with a total floor area of 27,879 sf. Diversified tenant mix and stable income. Institutionally owned & managed. Long term national tenants in place. Recent capital expenditures including extensive common area renovations. Asking: $4,800,000 Contact Brent or Tom
Tom Rudell Owner/ Sales Representative
Gary Pollock Broker
Tyler Desjardine Sales Representative
Kenn Poore Broker
www.dtz.com
Tel: (519) 438 5588 Please say you saw it in The Commercial Investor
Dave Jongerden Sales Representative
Philip N. Cassis Broker
11258100_3713
Brent Rudell Broker of Record
20 legallyspeaking
Commercial Real Estate & Business Opportunities
Volume 13 Issue 10
Winning the game Why some businesses succeed and others fail
A
s a lawyer of 35 years I have seen many small businesses flourish and many fail. The big question is why some succeed and others fall. Here are just a few comments that may not really be legal comments but certainly reflect my observations. In addition some businesses succeed despite themselves and later no one can figure out what went wrong. Here are some insights that may prove of value.
1. Underfinanced. Whether it is a start up or purchase of an existing business, most new entrepreneurs spend far too much of their funds on sizzle not steak. What does that mean? As an example, too much money is spent on oversupply of inventory, leasehold improvements or other capital investments that leaves the business short of the money it needs for marketing or cash flow until receivables turn over. Maintaining a cash reserve to carry the business through to success is critical. 2. Lack of knowledge. Many people get into a business for which they have lack of training or knowledge. They think they can learn on the job. Wrong. Go intern. Work for a successful
By Jayson Schwarz
company and put in the time until you learn how it should work, what to look out for – and how to run the business. 3. The amazing idea. The one thing I have seen over and over is a client coming in with the idea that will change the world. He has the next pet rock, hoola hoop, slinky, iPod etc. There is a huge distance between an idea and fulfillment. Remember a great idea does not make money – the execution and delivery does. In order to make the idea work we need to develop a cohesive, coherent and practical business plan in writing. The business plan will allow you to express the detail and direction necessary to make the idea work and by the way, before an idea can be worked on, extensive market research is a critical factor. 4. The lone ranger. John Donne in the early 1600s said: “No man is an island, entire of itself every man is a piece of the continent, a part of the main.” In other words you need to recognize that every successful small business succeeds as a result of a team put together by the entrepreneur. If we try to do it alone what is quickly discovered is not the leader’s strength but his weakness. Many failures come to roost when sales are exploding, market share growing and suddenly it falls apart because the back room is missing. The entrepreneur brilliantly develops his business but loses because of faulty accounting or controls. We all need to recognize our strengths and find the right partner or staff to supplement our weakness. 5. Bad partners. Everything is always good when it starts but when it becomes too successful or too tough it usually breaks down. Trust is huge so be careful and choose wisely. Make sure you have the relationship in writing. Also never do a deal where the risk is lopsided. Everyone must be in the same place. 6. Penny wise and pound foolish. Ok, so we can’t afford to hire a lawyer to incorporate or advise. We pass on an accountant. Hmmm, we’ll get one later. This attitude is deadly. Get your professionals at the beginning to ensure that your business is properly constituted; that your personal liability is not on the table and that the structure is in place from the beginning to allow for growth and proper process. Ok that’s enough of this sort of thing. I hope this helps to make you think, explore and consider. Good luck, start your business and success. Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the web site (www.schwarzlaw.ca), email (schwarz@schwarzlaw.ca), or phone us at 888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.
Jayson Schwarz LL.M is a Toronto business lawyer and senior partner in the law firm Schwarz Law LLP.
Please say you saw it in The Commercial Investor
Volume 13 Issue 10
21
Commercial Real Estate & Business Opportunities
George Gicopoulos
Sales Representative
Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepagecommercial.com www.georgegicopoulos.com www.royallepagecommercial.com Magnificent building, circa 1889 with it's impressive architecture and Clock Tower towering over the middle of Town.This historic building houses the impressive, upscale 'Clock Tower Inn' with 8 recently and completely renovated suites, plus the successful 'Strathroy Ale House' Pub/Restaurant with an excellent patio. Sale of 'property only' or 'business only' will also be considered with option on the property.
8155109_3713
3313_DJW_0089
3313_DJW_2_0032
STRATHROY - $895,000
*Independently Owned and Operated
CHATHAM RESTAURANT BUSINESS + PROPERTY - $289,000 GRAND BEND BAR & GRILL + PROPERTY - $320,000
Located on a busy intersection in Chatham, this 2,000 sq ft building housing a Family Restaurant is licensed for 80 and has paved parking for approx 20 cars. Great location. Turnk-key operation. Short hours. Call George for complete details.
Well known Bar & Grill licnesed for 44. Steady, loyal clientele. Main floor Bar & Grill with one bedroom second floor apartment. Year round business which excels in the summer months. Paved parking. Call George for details. 3313_DJW_0090
3313_DJW_0091
DOWNTOWN WOODSTOCK BUILDING $389,900
Well maintained, recently renovated property in vibrant downtown Woodstock. Upper level 2800 sq ft for lease and may be divided. Main floor and lower level tenant since 2005. Ideal scenario for owner/user of the upper levels with a great Tenant on the main floor and basement. Roof replaced about 5 years ago. Call George for details. 3313_DJW_0092
COOKHOUSE BUSINESS FOR SALE - $325,000
Truly a money maker! Licensed on patio for 40 and 90 inside with approx 3000 sq ft of space. Plenty of parking. Easy access with great visibility. Located in the expanding part of Aylmer where all the new development is.
519.797.5500 Cell. 519.374.4448
Property and Business or Business only! Great business, short hours, 11:00 a.m. to 10:00 p.m. Great opportunity for the Entrepreneur. Good business, 6,000 sq. ft. building on 1.3 acre commercial parcel with room for expansion or re-development. Licensed for 210 inside and 70 on the patio. Located close to the Bluewater Bridge. Great visibility. Call George for details. 3313_DJW_0093
Harold Fenlon
Bus.
Southampton
SARNIA STEAKHOUSE RESTAURANT W/PROPERTY - $1,195,000
Broker
MULTIPLE LISTING SERVICE
email: h f e n l o n @ b m t s . c o m www.haroldfenlon.ca
$1
,4
ne
00
,0
00
$5 w p 69 ri ,9 ce 00
8297239_3713
McIntee’s Top Salesperson
2004, 2005, 2006, 2007, 2009, 2010 & 2011
http://myhomes.360photo.ca/7538
http://myhomes.360photo.ca/7785
9 HOLE GOLF COURSE $1,400,000 FAnTASTiC LOCATiOn
Fantastic Southampton location. Business includes 4 rented units (with possibility for 5th). Licensed bar & exceptional restaurant with outdoor patio, leased office space, owner’s living quarters, second floor lounge suitable for banquets, weddings, etc. The building is in good repair and the property has many updates including newer insulation, wiring, copper plumbing. MUST be sold, owner is retiring. 2913_DJW_3_0039 2913_DJW_6_0040 2913_DJW_2_0037 2913_DJW_2_0038
Par 36, nine hole golf course. 10 acre driving range, fully licensed club house, and 3 bedroom, 4 year old house strategically located to enjoy the view of golf course and pond. 3 additional buildings used to store golf equipment, carts & repair shop. There are 2 wells on the property. 2913_DJW_3_0032 2913_DJW_4_0035
http://myhomes.360photo.ca/5520
THE MAPLES’ COTTAGES $599,900 Well maintained business close to beach. ‘THE MAPLES’ consists of 7 - 2 bedroom units, 1 - 3 bedroom unit recently built & a 3+ bedroom residence. All buildings are in excellent repair. All units fully rented year round. Many improvements include new roofs, 2 gas fireplaces in 2 units.
Please say you saw it in The Commercial Investor
Southwest Ontario
Royal LePage Triland Realty, Brokerage*
22
Commercial Real Estate & Business Opportunities
Volume 13 Issue 10
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Hamilton COverIng: Ancaster • Caledonia • Cayuga • Dundas • Dunnville • Grimsby • Hamilton • Haldimand • Stoney Creek For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 13 Issue 10
23
8181662_3713
11277225_3713
Hamilton
Commercial Real Estate & Business Opportunities
Coldwell Banker Pinnacle Real Estate, Brokerage
905.388.1110 / 1.877.938.1110 ramzi@ramzitwal.com | www.ramzitwal.com 775 Upper Wentworth St. Hamilton ON
BUSINESS
MIDDLE EASTERN RESTAURANT Established convenience store in heart of Downtown Hamilton. Good family business. Good income from Lotto & ATM. 2913_DJW_2_0095
MOVERS
Moving company for residential offices. Operating in the GTA for a dozen years. Rated A+ with BBB. Established clientele with experienced crew of 8 movers. Ongoing turn key operation. All future bookings and contracts are included in the sale. two 5 ton trucks and one 3 ton truck. Proftiable investment, can be operated out of laptop. Present owner willing to train.
2913_DJW_3_0095
Fully equipped, turn-key offered for sublease. Very attractive terms. Seating for 80 people. Excellent location on main street, Hamilton Mountain location. Call for further details. beauty salon Beauty Salon in operation for over 50 years in same location. Serving men & women. Established clientele. Salon was completely renovated in 2011. Seller will stay on staff if required & will train & introduce clients. Near Juravinski Hospital on Hamilton Mountain. MLS #H3115553
Please say you saw it in The Commercial Investor
24
Commercial Real Estate & Business Opportunities
Volume 13 Issue 10
Hamilton 11236833_3713
Please say you saw it in The Commercial Investor
Volume 13 Issue 10
25
Commercial Real Estate & Business Opportunities 8646600_3713
Pat & Deborah Rotella Sales Representatives email: rotella@royallepage.ca
Clean ground floor office space located on South Service Rd @ Millen Rd. with QEW exposure. Set up w/3 separate offices, this modern building has ample parking, high visibility & located close to highways/expressways. 1 year term (min).
905-574-4600
O UR C O M
M
FOR OVER 30 YEARS
george kyprianou
sales representative
ESTABLISHED FRANCHISE Well established diner in a great location in the plaza in St. Catharines. Lots of parking. Good lease. Gross income over $1,150,000 yearly. New listing.
NT
RA
U STA
RE
For more information call George Kyprianou at 905 574 4600 3713_DJW_0081
3713_DJW_0092
SPACE FOR LEASE
442 MILLEN RD. UNIT #12, STONEY CREEK - $10.00/SQ FT + T.M.I.
Mary St. N. 4000 to 5000 sq ft on 2nd floor. It could be for office or any wide range commercial and light industrial uses. Plus 1,700 sq ft on 1st floor.
DOWNTOWN BINBROOK-OVER 1/2 ACRE WITH DUPLEX $389,900.00 !! 3033 BINBROOK ROAD W. (NEAR #56 HWY) 116.’ foot x 219.’ foot lot with older 2 storey-2 family home. Currently rented for $850.00 (main floor) & $800.00 (upper level) plus utilities.This very rare parcel is located in the downtown core surrounded by new development (next door to Shoppers Drug Mart & T.D. Bank). IDEAL As INVEsTmENT OR RE-DEVELOPmENT 10 ACRE BUsH LOT $89,900.00 WAINfLEET- (NIAgARA REgION) #44 sIDE ROAD (NEAR CREEK ROAD) Located on township unimproved road close to Chippewa creek conservation area - lot is 331’ feet x 1311’ feet and is fully treed (and full of wildlife) Taxes are $330.00 for 2013. Very private setting - build now or buy it for later. seller may assist with financing. CALL fOR DETAILs
Andrew & Debra SaleS repreSentativeS
For more information call George Kyprianou at 905 574 4600 3713_DJW_3_0082
SPACE FOR LEASE A
C AN
R
Great location on Garner Rd. W. Just West of Walmart, beside the Eff and I Restaurant. Approx 4,600 sq ft retail or office. Owner is willing to divide to suit the tenant.
E ST
For more information call George Kyprianou at 905 574 4600 3713_DJW_3_0081
11272459_3713
Escarpment Realty Inc., Queenston Rd. | 905-945-7579 11278015_3713
degree and no job? Turn-key business with great support and an established franchisor. This unit has been updated to Oxford’s requirements until 2015. High traffic location in a growing community with easy hwy access and ample parking. Financials avail upon completion of confidentiality agreement. 3313_DJW_0047 Call L/A for details on the process. 3313_DJW_0048
be where the action is! Great opportunity for investors & business owners alike! Downtown location w/great visibility & ample parking. 2 res units up & comm on main level. Operate your business virtually rent free & let the upper units carry the building. C3 zoning allows for numerous uses. 24 hrs notice to view upper units. 3313_DJW_0049 3313_DJW_0050
Please say you saw it in The Commercial Investor
Hamilton
AVAIL. OCT. 1ST
SER V
905-662-6666 | 1-877-574-7441
G IN
ITY
INDEPENDENTLY OWNED AND OPERATED
987 rymal road east hamilton, on, l8W 3m2
UN
STATE REALTY BROKERAGE
state realty brokerage independently owned and operated
26
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
Volume 13 Issue 10
Volume 13 Issue 10
27
Commercial Real Estate & Business Opportunities 11278774_3713
Available Now! , $5
HWY REST STOP ON 400 SERIES. 45 MINUTES NORTH OF GTA
Gas, Diesel, Restaurant, Garage and more. $1M annual Net Income (Less Wages). With room to increase income dramatically. Includes a house, building lot, and 30 acres of prime land (possible hotel, storage facility, etc). Once in a lifetime chance!! 3713_DJW_0063
,
$2
SHELL GAS STATION W/CAR WASH
00
,0
0 50
45 min from Hamilton. Established for over 20 years, this is a real money making machine. Completely updated with all the latest and greatest technology. WON’T LAST - Principals Only.
,
$3
ESSO ON THE RUN W/CW AND MORE
00
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0 50
30 Min from Hamilton. Wow 4.5M litres and about $1M store sale. Makes good money. Perfect for a family operation - Principals Only.
3713_DJW_0064
3713_DJW_0065
ASK FOR AL’S ONLINE MARKETING
SEARCH FOR AL ON
FOLLOW US ON FIND US ON
FOR SELLERS & BUYERS SEARCH ONLINE @ REALTOR.CA OR GET THE APP! (FOR SMARTPHONES)
DIRECT LINE VISIT
INDEPENDANTLY OWNED & OPERATED
EAST MOUNTAIN
“AMAZING OPPORTUNITY” Commercial retail. Now used convenience store or other retail used. W/2.5 stry residential or rental investment by hospital. Ask for Al’s on-line marketing today!
TOLL FREE
www.alcosentino.com
ESCARPMENT REALTY INC. BROKERAGE
$
“DEVELOPMENT SITE”
OR MAKE AN OFFER
Prime Industrial/Commercial corner site. High traffic exposure 1.8 acres. Near Hwy & Lake Ontario. Zoned (M3). Ask for Al’s on-line marketing today!
3713_DJW_0057
EAST HAMILTON
MOUNT HOPE (IN TOWN)
Vacant land 20 X 100. One time was Commercial Retail/Residential above. Now rented for $500/mth. No lease. High traffic location. Ask Al for Al’s on-line marketing today!
al@alcosentino.com
“BIG GARAGE/INVESTMENT”
Used as Auto Repair service station. Leased out for $1800/mth plus utilities. Approx 2600 sq ft 14x14 bay garage includes 2 hoists/1 welding machine. Ask for Al’s on-line marketing today.
$ 999,997 OR MAKE AN OFFER 3713_DJW_1_0136
EAST NORTH HAMILTON
“BUILD TO SUIT YOUR NEEDS”
BIG OR SMALL, WE SELL THEM ALL!
905-570-9997
1-855-570-9997
STONEY CREEK
299,997
www.OneMaxTeam.com
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$ 229,997 OR MAKE AN OFFER 3713_DJW_1_0060
EAST HAMILTON
mall,
SOLD bigthoerms all! we sell
69,997 -
$
SELLER CAN HOLD 1ST MTG 3713_DJW_1_0016
“YOUR OPPORTUNITY...”
“INVESTMENT/PERSONAL USE”
219,997
$ Abandoned 2 stry, 4 bdrm handyman special. The value is in OR BEST OFFER the land. 117.5 x 199.14 irreg. Potential commercial development. Hwy exposure. Ask for Al’s online marketing today! 3713_DJW_0058
249,997
$ Industrial garage warehouse OR approx 2300 sq ft w/grade loading BEST OFFER 12 ft door & 2,000 sq ft of office above. Fully rented. Seller will hold 1st mgt. Ask for Al’s on-line marketing today! 3713_DJW_1_0017
“DONALD TRUMP SAYS GOOD RETURN”
229,997
$ 2 commercial retail stores. 1 vacant for OR personal use or was rented for $900/mth. BEST OFFER Both retail stores have kitch & 4 pc bath. 2 residential units rented. Corner exposure. Gross income $39,000. 11.7% return on your investment. 3713_DJW_2_0034
“CALL AL TODAY, PUT YOUR COMMERCIAL INVESTMENT PROPERTY ON THE MARKET! Please say you saw it in The Commercial Investor
Hamilton
Your Choice Realty Corp., Brokerage Team Office 24 hours a day 905-560-1-MAX Jawad Chaudhry, Salesperson (905) 928-0211 or email: JC@OneMaxTeam.com Fuad Chaudhry, Salesperson (905) 928-3833 or email: FC@OneMaxTeam.com
Building value on a rental property... It’s all about the NOI. Dino Nicosia, Broker Of Record, President | Investpro Realty and Appraisal Ltd., Brokerage 1. Increasing rents: We will demonstrate the tremendous impact on value from rent increases, with this real life example. The ownership of a recently purchased 21 unit apartment building created a business plan to renovate all units that became vacant and attempt to maximize their rents. They knew the great potential of increasing the NOI, which in turn would escalate the value of their property.
Hamilton
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 categories; the owner occupied and tenant occupied properties. The value of the owner occupied property is mostly determined by supply and demand. This demand is significantly influenced by disposable income, interest rates, consumer confidence and political and economical climate. Although the tenant occupied property value is influenced by the same factors, in addition it is affected more importantly by the income it generates. With this type of residential property you are not just buying the bricks and mortar, you are also buying the income that is being produced from the rent. Therefore a tenant occupied property is also classified as an investment property. Since the value of an investment property is largely determined by the income it produces, we should relate this to running a business where the goal is to end up with money in our pocket at the end of the month. After collecting the rent and paying all the bills, the amount of money left over, (before making the mortgage payments), is called the Net Operating Income (NOI). To determine an accurate NOI, the expenses must include property taxes, insurance, maintenance, vacancy reserve, utilities, garbage removal, lawn service, plowing, wages and management fees if any. The NOI is directly tied into the Capitalization Rate (also referred to as the Cap Rate). The Cap Rate essentially represents the percentage return on an all cash purchase (not taking mortgage debt into account). Simply refer to the Cap Rate as being the return on the investment, and note that the Cap Rate will be determined by the current market sales in the area of the subject property. For example, let’s assume you purchased a 20 unit apartment building which generates an annual NOI of $100,000.00, and the purchase price of this property was $1,000,000.00. Therefore based on this purchase price, you are receiving a 10% return on the investment; or in other words, the Cap Rate on this purchase was 10%. Combined with the Cap Rate, the NOI will be instrumental in establishing the investment property’s value. Therefore if you want to increase the value of your tenant occupied property, you must improve your NOI. There are three major ways to increase the NOI: 1. Find ways to increase rents without affecting the vacancy. 2. Reduce property expenses without neglecting the property. 3. Do not rent the equipment…own them.
Volume 13 Issue 10
Commercial Real Estate & Business Opportunities
The plan was to renovate and increase each unit by an average of $100.00 per month ($1,200.00 per year). Assuming that the current market Cap Rate is 7%, the value of the property would escalate by $17,000.00 by just increasing rent on one unit ($1,200.00 divided by 7% cap rate). In the course of one year they were able to maximize rents to ten apartment units for a total annual increase to the NOI by $14,000.00. This amount translated to an increase in value by $200,000.00. Before an investor undertakes this task, they should ask themselves; ¨ Is it worthwhile to spend money for renovations if the rents can be increased as a result of the renovations? ¨ Do the increased rents justify the expense? ¨ Will the increase in value as a result of the renovations justify the expense? First let’s establish how long will it take to recoup the renovation costs? The answer comes down to doing the math. In the above example the renovation cost was approximately $3,000.00 per unit. After the renovation was complete the rents were increased by an average of $100.00 per month or $1,200.00 annually. It will take 30 months to recoup the expense or in other words the payback on the investment is 2.5 years. That equates to an approximate 40% annual return on the renovation investment, ($1200/$3000 = 40%). But most importantly the total value of the property based on a 7% cap rate had increased by $200,000.00. In this example, it’s clear that the renovations at a cost of $3,000.00 per unit ($30,000 for all 10 units) was a prudent investment
2. Reducing Expenses: Reducing property expenses is often the most cost effective way to improve the NOI and increase value.
Utilities:
C: 905.870.5852 | F: 905.631.6505 Visit our website: www.investprorealty.com Follow me on: http://twitter.com/#!/DinoNicosia I would like to share another real life experience of how an owner reduced his property tax by over $10,000.00 per year. In a transaction about 4 years ago, I noted that the property tax on my client’s new acquisition (a 20 unit apartment building in Hamilton On) appeared to be extremely high, based on my many comparables. Doing a quick check I calculated that the realty tax was about $12,000.00 too high. The first step was to ask MPAC to review the assessment through a simple on line application called Request for Reconsideration (RfR)” Do your homework by obtaining the assessments on similar properties. If you are convinced your property is over assessed, then simply go to the MPAC website and follow the instructions; download, and fully complete the (RfR) form. A local assessment officer will be appointed to review your application. Once the officer completes his investigation you will be notified on their decision. Should you not agree with the results from the reconsideration process, you still have the option for an appeal. The appeal process is more involved and will not be covered in this article. In reference to the application for the Request for Reconsideration by my client I am pleased to say it was a huge success. The owner received a revised tax assessment and a refund cheque for over $11,000.00. It was not just the refund that was gratifying, the increase in the NOI as a result of the realty tax reduction translated to a huge rise in value. By taking the revised net income and using a market cap rate of 7%, this equated to about a $150,000.00 increase in value!
3. Rental Equipment: Another relatively easy way to reduce your expenses and increase the NOI is to eliminate rental equipment. Make a plan to owning them instead. We continue another real life example of how the property value was increased for a 21 unit apartment building. The hot water tank rental was approximately $300 per month (including taxes) which equated to $3,600 per year. The cost to purchase and install the equipment was approximately $4,000.00. The purchase of this hot water tank was a great investment simply because of the approximate one year payback! But more importantly, this change also increased the property value by simply reducing of the operating expenses (or increasing the NOI) by $3,600.00 per year.
• Heat: Check for loss of heat from windows, dirty radiators, old boiler system
How much would the property value increase after this relatively low investment? To assess the impact of the $3,600.00 of extra income that was generated by reducing the annual hot water rental expense, we need to divide this amount by the market Cap Rate. Let’s assume the current market Cap Rate is 7.0%, therefore by dividing by this Cap Rate the value had increased by $51,000.00, just by improving the NOI. ($3,600/7.0% = $51,000.00).
• Hydro: If you are paying for the unit hydro, remember that old fridges consume more; charge extra for the use of A/C window units and check the timer to the common area and exterior lights. Educate your tenants on the benefits of energy conservation.
The above scenarios demonstrate how simple investment undertakings produced a tremendous return rate and helped generate a huge increase in property value. One can now clearly see that increasing rents and or lowering expenses, (even if it requires expenditure to do so), is a wise decision.
Assess how much you are paying for heat, water and hydro and then establish how you can reduce these charges. • Water: Conduct routine checks for water leaks and running toilets in each unit
Realty Taxes: Are you paying too much realty tax? Let’s face it, paying too much realty tax on investment properties could significantly impact the NOI and dramatically reduce value. Unfortunately most investors take this large expense for granted and assume that the assessment on their investment property is correct and never bother to investigate it. The reality is that many landlords are paying too much realty tax without being aware of it. As an owner, you should make a point to investigate if you are paying too much realty tax on all your properties.
Please say you saw it in The Commercial Investor
On the first real life scenario, the property was just sold for a $300,000.00 profit, after only one year of ownership.
Remember, it is all about the NOI.
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Commercial Real Estate & Business Opportunities
Investpro Realty
9558936_3713
And Appraisal Ltd. Brokerage
The Apartment Building Specialists “Your Investment Partner for Life”
Kandy Thompson,
Sales Representative
Direct: 289-244-5627 Email: kandy@investprorealty.com
Direct: 905-870-5852 Email: dino@investprorealty.com 18 UNITS
24 UNITS 3713_DJW_2_0057
3713_DJW_0059
46 UNITS CE
I
W NE
PR
3713_DJW_2_0071
Broker of Record
6 UNITS - EAST HAMILTON
5 UNITS
14 UNITS
12 UNITS HAMILTON
7 UNITS
East Hamilton near Gage Park. Great condition. Visit our website for details. 6 UNITS NEW PRICE E
W
NE
C RI
P
3713_DJW_1_0145
3713_DJW_1_0100
West Hamilton near waterfront. For more details visit our website.
3713_DJW_2_0054
Most apartments are renovated. Spacious units. 8% Cap Rate.
3713_DJW_2_0053
London Ontario. Visit our website for details.
3713_DJW_1_0058
30 minutes from Hamilton. Only 8 years old. For more details visit our website.
3713_DJW_1_0084
East Hamilton near Ottawa St. shopping district. Visit our website for details.
Old charm, converted mansion. Most units renovated. Newer boiler and roof. Visit our website for details.
In desirable Stoney Creek.
In one of the best locations in Niagara Falls (bring all reasonable offers). For more details visit our website.
Thinking of selling? Call the “Investment Property Specialist” Please say you saw it in The Commercial Investor
3713_DJW_1_0095
Dino Nicosia,
www.investprorealty.com
Hamilton
Volume 13 Issue 10
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Volume 13 Issue 10 10932058_3713
Commercial Real Estate & Business Opportunities
4 UNITS
MARQUEE INTERNATIONAL BRAND WILL MANAGE
COMING UP - PREMIUM SOUTHWEST 4-PLEX
Hamilton
SOLD IONAL T I D N O C 2513_DJW_0070
25 UNIT APARTMENT BUILDING
WESTDALE • FOR LEASE LY TH ON MON / 75 $5
280 UNIT LUXURY CARIBBEAN HOTEL & CONDO RESORT • Liens currently in excess of $110M - PP to be discussed w/LBO • Currently functioning resort with some individual condo ownership. • 2/3 complete & currently in receivership. • Large hotel/resort operator needed. • Brokerage herein has a large investment fund prepared to assume debt and re-assign to qualified purchaser. • Purchasing entity must have suitable experience and a net worth of approx. $40M • Complexity to this purchase - please email for further details.
BEST VALUE IN ONTARIO! • Asking $1,188,000. Or $47,520/suite. • Effective Gross Approx $177,000 • NOI Approx. $79,000 • Located 1 hr south of London off 401 in Ridgetown. (24) 1 bdrms, (1) 2 bdrm, full parking. • Very responsible superintendent couple wish to stay. • Financing available & VTB for qualified purchaser.
• Smaller ground floor commercial space • Suits Retail/Food Service/Office w/ flexible ‘H’ zoning • Gross inclusive rent - tenant only pays hydro • Full onsite parking, sep.washroom & storage • 2-Year min term required
12 UNITS • 18 UNITS • 24 UNITS • 35 UNITS AVAILABLE Contact us for our investor alerts, current & quarterly market reports, for the best local & out of town investment opportunities. 2513_DJW_0073
WANTED 5-15 Unit Apartment Buildings to purchase
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‘ Comprehensive Investment Property Advice’ 17+ years Private Realty & Commercial Investment Experience
FOR
FURTHER INFORMATION:
JOHN HRYCZYNSKI BROKER
(905) EMAIL:
REAL ESTATE BROKERAGE COMMERCIAL
240
JOHN@BBSREALTY.COM
WWW.BBSREALTY.COM COMMERCIAL REAL ESTATE
REAL ESTATE SALES AND LEASING SERVICES
Prime plaza location along this busy Governor’s Road. Excellent corner exposure to high traffic at signalized intersection. Close proximity to schools, senior’s homes & res. areas. Unit 238-2620 sf, previous Variety store use, full basement, ideal for same or most other retail/office uses, divisible, asking $10.95/sf. Unit 246-2100 sf-former restaurant with full basement, fully equipped ready to open or renovate, asking $11.49/sf., Chattels to be purchased. Good parking. Immed. poss.
OFFICE FOR LEASE
RETAIL/OFFICE FOR LEASE
RETAIL/OFFICE FOR LEASE 3713_DJW_2_0092
HESS VILLAGE ENTERTAINMENT DISTRICT Prime Hess Village Entertainment District, premises located on the corner of George and Queen St’s. Rare opportunity to locate a new restaurant, cafe, fast food or coffee shop in this sought after entertainment district. Ideal for food or most other retail or office uses. The space is 1,391 sf and is located in a classic Victorian building with old world charm ready for fit-out. Large patio availabale. Adjoining 1,100 sf Hair Salon space available. Call for details.
3713_DJW_2_0026
EAST HAMILTON MOUNTAIN Very busy plaza, prime East Mountain location. Many national tenants in complex with a good mix of retail & office uses. Units availale: Unit 8 - 1283 sf, asking $10.95/sf net and second floor office units of 450, 2500 sfr, asking from $14.95 to $15.95/sfr gross. Abundant on-site parking. Immediate possession.
3713_DJW_1_0109
3713_DJW_0104
dundas
3713_DJW_0103
RETAIL/OFFICE FOR LEASE
3713_DJW_2_0140
RETAIL/OFFICE FOR LEASE
529-5900 X
DOWNTOWN HAMILTON Prime ground floor office space, excellent exposure to high traffic, close promixity to the downtown core. Located in a professional office complex, ideal for most professional office uses. Suite 102-4770 sfr includes 11 well appointed private offices, reception, boardroom, separate/ shared entrance plus Suite 202 - 1,778 sfr 2 floor offices. May lease together for 6,548 sfr. Immediate possession. Asking $17.95/sf gross.
DUNDAS Great plaza location w/prime exposure on Governor’s Rd in Dundas. Located across from 3 schools and serving a large affluent residential area. Available space includes 4&5 - 3,322 sf, former doctor’s offices (divisible). Ideal for most medical, office or retail uses. Unit 3 – 940 sf operating as an Ice Cream Store with other food uses allowed for Sale/Lease. Call for details.
170 SILVERCREEK PARKWAY NORTH, GUELPH Located on a major arterial road across from Willow West Mall. Many national tenants on this power retail strip. Rare vacancy, excellent end cap location and frontage. Ideal for most retail/office uses. Unit sizes from 1,200 to 3,400 sq. ft. Landlord may assist with improvements. Abundant parking, good access and immediate possession. Economically priced from $12.95-$13.95/sq.ft. net.
Please say you saw it in The Commercial Investor
Volume 13 Issue 10
31
Commercial Real Estate & Business Opportunities
Visit my website
Augie
276 Main St. W. Hamilton, Ontario (just West of Queen St.) L8P 1J8
SALES REPRESENTATIVE
Marilyn Edworthy SALES REPRESENTATIVE
Cell:
905-518-6713
Off:
905-522-6001
HAMILTON CENTRE 9 UNITS
$697,900 9 units + 1 car workshop for further rental income. Large units mostly 2 BR plus DR. Pls. contact Listing Broker for financial information. Some rents far below market value. Property to be severed from 547 Main St. E. Seller is proceeding with severance application. Lot size: 73.4 x 137.35 Irreg. (Imperial).
3713_DJW_2_0073
HAMILTON CENTRE TRIPLEX
$269,900
WEST HAMILTON 20 ROOM RENTAL BUILDING
HAMILTON CENTRE TRIPLEX
Charming Victorian style home. Close to downtown. 1 and 3 BR units, parking on site. “Close proximity to downtown and International Village. Possible owner occupied professional use.”
3713_DJW_1_0106
HAMILTON CENTRE - COMMERCIAL/ RESIDENTIAL BLDG.
$1,295,000
$197,900
HAMILTON CENTRE TRIPLEX
$254,900 Solid 2 1/2 storey brick used as 4 family home. 3 car garages. Workshop or storage. 200 amp breaker service with wired smoke detector. Close to downtown and bus routes. 3 -1 BR and 1 - 2 BR.
3713_DJW_1_0105
HAMILTON CENTRE 3 STORES/3 APTS
$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.
3713_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
3713_DJW_2_0074
$169,900 Renovated - 3 family property on major street south of Main St. Separate hydro meters for all unites. Suit possible commercial professional use. Pls. contact Listing Agent for financial information.
3713_DJW_3_0016
HAMILTON DOWNTOWN $1,295,000 DEVELOPMENT SITE
Charming Victorian 3-plex Central Hamilton across from park with splash pool. 3 1-BR units nicely appointed and renovated. Parking at rear. Near bus routes & shopping area. New roof in 2004. Steel firescape. Owner occupied first floor unit. Approx. annual income: $26,400. 3713_DJW_0080
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 4 PLEX
3713_DJW_4_0097
Great location. 12,000 SF - 6 commercial units at Ground Flr plus roof sign & 8 apt units above with separate heat & hydro constructed approx. 20 yrs. ago. Ground flr. Commercial includes fully equipped restaurant to be leased & laundromat operated by owner. Part of possible land assembly 752 King Street East and 734 King Street East presently for sale. Close to downtown. LOT 3713_DJW_2_0084 SIZE: 107.3 FT X 158 FT.
CENTRAL HAMILTON TRIPLEX
$879,900
Excellent Hamilton West location. Newly constructed building. Gross Annual Income of $104,820 approx. Lot size 52.77 X 208.47 Super energy efficient, engineered building with 20 rooms, 3 floors, each floor has 2-3 pc baths plus a kitchen. Laundry on 1st & 2nd floor. Across from Victoria Park. Parking for 9 cars. Wheel chair accessible 3713_DJW_1_0111 building.
CENTRAL MOUNTAIN DEVELOPMENT SITE
Prime corner development site with building suitable for redevelopment to retail plaza & or high rise development. Can be purchased with adjacent property 756 King St. E. Pls. contact Augie for additional information on the proposed development.
3713_DJW_1_0083
Please say you saw it in The Commercial Investor
$349,900 Large lot 60 ft. by 290 ft. near Upper James. Suit many home businesses. Charming home, many upgrades. Euro style kitchen. Hi-eff furnace. Ceramic & hardwood floors. Detached garage. Note: Rear of property has development potential, possible rezoning of property for development.
3713_DJW_2_0090
8471320_3713
HAMILTON INCOME PROPERTIES
Hamilton
Ammendolia BROKER
Adnan (ED) Shukur
Commercial Real Estate & Business Opportunities
brokerage
8310857_3713
eXPaND YOur POrtFOLIO! 3713_DJW_0119
MIXeD use PrOPertY 3713_DJW_0118
restaurateurs taKe NOte!
$299,900 Hamilton
Established business for 29 years. Business & Real Estate for sale. Large lot with ample parking. Busy location near Centre Mall. $500++ in annual sales. Do not go direct. Please call Elizabeth Parker, Sales Representative at 905-522-3300 or email parker@judymarsales.com
Volume 13 Issue 10
3713_DJW_0120
32
$999,000
$418,000 Popular established take out restaurant with kitchen. Spacious 2 bedroom apartment on upper level. Single garage with rear parking. Property & business for sale. Terrific corner exposure on bustling Ottawa Street N. Please call Elizabeth Parker, Sales Representative at 905-522-3300 or email parker@judymarsales.com
Please say you saw it in The Commercial Investor
FABULOUS WESTDALE OPPORTUNITY! 4 - 2 bdrm brick bungalows (57, 59, 63 & 65 Glen). To be sold together, all on one title. Easy to rent locations & steps to shopping, bus routes & easy access to Mac & Columbia College. Please call Colette Cooper, Broker at 905-522-3300 or email cooper@judymarsales.com
Volume 13 Issue 10
33
Commercial Real Estate & Business Opportunities
COMMeRCIaL/INVeSTMeNT POTeNTIaL IN JaRVIS Rare .79 ac plan of subdivision approved parcel of developed land. All services at or near lot line. Allows for const of 24 unit condo res complex comprosed of 6-1000 sqft units/flr. Outside pkg for 38 vehicles. Buyer resp for all charges/permits/due diligence pertaining to future use. Survey avail.
Plan of subdivision approved .84ac parcel of comm zoned land allows for the const of approx 8500 sqft comm strip mall. Perfect for 4x2100 sqft sep units. Inclds 30 outdr pkg spaces. Buyer/buyer solic to verify and/or respons for future dev charges/levels/bldg permits & due diligences for intended use. Survey available.
3713_DJW_2_0082
PROFITaBLe CaNOPY BUSINeSS $145,000
Exciting profitable bus opp-perfect for 2nd income or unlimited potential to expand & grow w/virtually no competition. Inclds. $110,000 of inventory subject to change. Estab since 1991. Inclds phone#, website, customer/ wholesaler list, price catalogue, etc. 3713_DJW_1_0092
2071 MaIN ST S, JaRVIS $764,000
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. 3713_DJW_3_0065
P $2 arc 99 el ,0 #2 00
Hamilton
P $3 arc 99 el ,0 #1 00
8171399_3713
Re/Max escarpment Realty Inc Brokerage
3713_DJW_2_0081
676 KING STReeT, WeLLaND $799,900
Excellent restaurant biz/property-family owned/operated for 60 yrs+. Mega facility inc huge comm kitch w/upgraded equip/multiple walk-in coolers. Breakfast dining in frontdinner dining in rear w/sep entrances. Loads of parking! Steady clientele, equipped for lrg group meetings/parties. Profitable turnkey biz-Note 4% commiss! 3713_DJW_5_0040
725 MaIN ST, DUNNVILLe $429,000
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 wndows,3 baths,several offices, n/gas heat, munic wtr, ind septic syst., asphalt lot for 40 vehicles. 3713_DJW_2_0087
112 RaMSeY DRIVe, DUNNVILLe $349,000
First time offered at this amazing price! Mod. turnkey woodworking factory w/MG zoning in Dunnville’s lnd. core. orig. 3344 sq bldng + 5760 sq addition - 1994. Front showrm w/ offices & bathrms, 27’ clings, 8’ conc. flrs, 16’x14’ overhead loading drs, 400-600 3 ph power, mun.water/sewers,huge lot/ compound, possible expansion for 5000 sqft. 3713_DJW_2_0047
1066 BROaD ST, 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 excel visual exposure w/high traffic. Inclds 1300 sqft bldg w/mod showroom, rear offices, 3 baths.Incorporates 3000 sqft garage & sep autobody shop & lrg paved prkg lot. Buyer to complete due dilegence. 3713_DJW_2_0088
14 ROBINSON ST, SIMCOe $178,000
2 MaIN aVeNUe W, FISHeRVILLe $199,000
Profitable turnkey business approx. 35-40 mins. S. of Hamilton, en route to Lake Erie in busy convenient store, 2-pump gas station, 50 x 21 ft. mechanic’s garage (functional), w/hoist & air compressor. Groceries, milk, cigarettes, lottery, phone card, ATM, bulk water refill, movie rentals & more. Incl. reno’d 1100 sq. ft. 2 bdrm. upr. level living unit, $800 per month. 3713_DJW_1_2301
Great mixed use property offers a hi-exposure street lvl comm unit with long term tenant in place & 2 res units on the upr lvl. 1 bdrm currently rented out & freshly reno’d 2 bdrm that is available for rent. Parking in the rear produces income.
15 CHURCH STReeT, JaRVIS $149,900
Large 0.75 acre commercial parcel w fully fenced compound, asphalt parking area & large 50 x 150 ft steel clad building w conc floor & foundation. 50 x 63 ft open area with att 6 “bay” area. Inc. newly updated elec service/ wiring, mun water.
3713_DJW_1_0091
Please say you saw it in The Commercial Investor
3713_DJW_1_0090
34
Commercial Real Estate & Business Opportunities
Volume 13 Issue 10
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Greater toronto area COverIng: Ajax • Alliston • Bowmanville • Bradford • Bolton • Burlington • Brampton • Concord, • Durham Region • Etobicoke • Georgetown • Georgina • Keswick • Markham • Milton • Mississauga • Newmarket • North York • Oakville • Oshawa • Pickering • Richmond Hill • Scarborough • Schomberg • Sutton • Toronto • Tottenham • Thornhill, Vaughan • Whitby • Woodbridge
For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 13 Issue 10
35
Commercial Real Estate & Business Opportunities
8975448_3713
CALLING ALL BUILDERS! RARE OFFERING! OPPORTUNITY KNOCKS! PLANS ARE AVAILABLE TO BUILD 10 TOWNHOUSES ALONG WITH COMMERCIAL SPACE! CLOSE TO MAJOR HIGHWAY & PUBLIC TRANSIT!
BRAND NEW 1,535 SQ FT UNIT IN NEWLY DEVELOPMENT PLAZA! TONS OF PARKING, EXCELLENT EXPOSURE! IDEAL FOR PROFESSIONALS & SMALL BUSINESS OWNERS!
3713_DJW_0038
$194,500 WELL ESTABLISHED COIN LAUNDRY IN A BUSY STRIP MALL! TONS OF PARKING AVAILABLE, REGULAR CLIENTELLE, EASY LOADING & UNLOADING, SECURITY CAMERAS WITH PRIVATE MONITOR, APPROX 1,660 SQ FT OF SPACE!
3713_DJW_0037
$249,000 LUXURIOUS SPA OFFERING A WIDE RANGE OF PERSONAL CARE SERVICES! HIGH TRAFFIC AREA WITH STEADY CLIENTELE. FULLY LICENSED, OVER 200K OF SPECIALISED EQUIPMENT, $2700 MONTHLY RENT, 3.5 YEARS REMAINING ON THE LEASE WITH AN OPTION TO RENEW FOR 5 MORE!
3713_DJW_2_0009
$399,900 GREAT OPPORTUNITY TO OWN A VERY BUSY MEDITERRANEAN RESTAURANT! GROWING FRANCHISE, LOW 2% ROYALTY, TURN-KEY OPERATION, GROSS ANNUAL SALES OF 600K, ALL EXISTING EQUIPMENT INCLUDED, SELLER WILLING TO TRAIN, LLBO LICENSED!
PRIME RETAIL SPACE WITH HIGH PROFILE EXPOSURE! PREMIUM STOREFRONT, PYLON SIGNAGE, PRICE FOR A QUICK SALE, ALL CHATTLES, FIXTURES & STOCK INCL, 2,320 SQ FT, 5 YEAR LEASE WITH AN OPTION TO RENEW FOR 5 MORE YEARS, $7,100 + HST PER MONTH!
FRANCHISE BUSINESS IN THE CORE OF DOWNTOWN TORONTO! FROZEN YOGURT & SMOOTHIES, DELICIOUS MEDITERRANEAN FOOD, SUPREME LOCATION SURROUNDED BY OFFICE TOWERS, HOTELS & CONDOMINIUMS, GENERATES AN EXCELLENT INCOME, RENT IS $2,200/MONTH +HST, LEASE HAS 3-5 YEARS AVAILABLE!
LOCATION, LOCATION, LOCATION! SALE OF BUSINESS OF A WELL ESTABLISHED FASHION STORE! ALSO SELLS DESIGNER FRAGRANCES, JEWELLERY & COSMETICS, EASY TO OPERATE & TONS OF PARKING AVAILABLE! APPROX 1,800 SQ FT OF RETAIL SPACE! 3713_DJW_0039
$115,000
3713_DJW_2_0010
$179,000
3713_DJW_2_0046
$120,000
$75,000 BEAUTIFULLY APPOINTED EXCLUSIVE LADIES FASHION STORE! LOCATED IN A HIGH DEMAND AREA, LONG STANDING ESTABLISHED CLIENTELLE, BARGAIN PRICE, OPPORTUNITY KNOCKS, THE PRICE DOES NOT INCLUDE INVENTORY!
$70,000 WELL ESTABLISHED FOOTWARE STORE! TURN-KEY OPERATION WITH STABLE SALES REVENUE, LOCATED IN THE BUSY WOODBINE SHOPPING MALL, PRESENT LEASE IS AVAILABLE TILL 2016 WITH AN OPTION TO RENEW FOR 5 MORE YEARS, LOW RENT OF $5,361 (ALL INCLS) WITH APPROX YEARLY SALES OF $250K! SELLER WILLING TO TRAIN!
Please say you saw it in The Commercial Investor
$62,000 INCREDIBLE FRANCHISE OPPORTUNITY! PROFITABLE EAT-IN, TAKE OUT BUSINESS! BUSY & HIGH TRAFFIC PLAZA, TONS OF PARKING, OWNER IS WILLING TO TRAIN, $5 K IN SALES WEEKLY, 2 YEARS LEASE AVAILABLE WITH AN OPTION FOR 5 MORE, RENT $5,300 INCLS TMI, ALL CHATTELS INCLS IN PRICE!
Greater Toronto Area
FABULOUS COMPLETELY RENOVATED COMMERCIAL SPACE FEATURING APPROX 530K IN RECENT UPGS! RECONSTRUCTED FROM INSIDE AS WELL AS OUTSIDE & INCLS NEW ROOF, WOOD FRAMING, STUCCO, HVAC, DRYWALL & INSULATION, UPDATED PLUMBING & ELECTRICALS!
3713_DJW_3_0044
$460,000
3713_DJW_0036
$900,000
3713_DJW_2_0021
$999,000
3713_DJW_1_0020
3713_DJW_2_0041
3713_DJW_2_0040
Sam McDadi Real Estate Inc., Brokerage
Volume 13 Issue 10
Commercial Real Estate & Business Opportunities
sa le
SEPTEMBER EXCLUSIVE fO r
Oakville Office space for Lease
Bloor-Annex-Mirvish Village location Steps to Markham St TTC Station Lot 18.5 ft x 130 ft with 1 Retail Store & 3 Bedroom Apt. Garage with Green P lot. Don’t miss this tremendous opportunity.
1
• Excellent location in Oakville Business Park. • Free onsite parking, Professional Tenants • 2 office suites available: • Approximately 2,100 sq.ft. • Approximately 2,350 sq.ft. • $14.50 psf plus TMI. Call for viewing or more information Kim Zita, Property Coordinator Greater Toronto Area
11278699_3713
289-644-2560
Michael Davidson Sales Representative
Office: 416-588-6777 Direct: 416-831-7108 Call me for a complimentary market appraisal
10377579_3713
Please say you saw it in The Commercial Investor
11271067_3713
mdavidson@remax.net www.594BloorStreetWest.com
3713_DJW_0011
36
8172756_3713
5G
COM
www.realtyforeveryone.com
ritamollicone@rogers.com
11266919_3713
HomeLife/Bayview Realty Inc., Brokerage Independently Owned & Operated
905-889-2200 SHOPPERS DRUGMART
cell:
PIZZA PIZZA
PLAZA IN OSHAWA
• Very busy location in downtown Windsor • Triple $225,000/yr plus available space
FOR LEASE 9,000 SQ.FT. DOWNTOWN WINDSOR
• $1.90/sq.ft. • Shoppers Drug Mart on main floor • 2nd floor -- elevator • Very bright area • Free-rent - fixturing period
• Property leased to 2020 - Head lease with Pizza Pizza • Corner property on Danforth
DUPLEX AND NINE-PLEX AVAILABLE
• Excellent locations in Toronto
• 18,900 sq. ft. in high traffic location
• Close to subway
• Long term tenants
• Detached, brick buildings with parking
• Recent improvements • 6.5% cap rate
$580,000 and $870,000
$3.6M
11278777_3713
Eastern Realty Inc.,
3713_DJW_0069
• 5 tenants including Pizza Pizza, Pharmacy • Low tenants turn-over • .73 acre with ample parking spaces APARTMENT BUILDING
• 60 units - $115 per unit • Almost 1 acre land • Much upside • 5% cap rate $6.8M
800.561.6383 705.292.9551
email:
info@grantgibson.net
web:
www.grantgibson.net
6G
• 24 units and 40 units available • Great locations - steps to transportation • 5% and 7% cap rate $2.5M and $4.5M
PLAZA
• High concentration of residents
REDEVELOPMENT PROPERTIES
• 25,000 sq. ft. • Close to U of T campuses $1.5M
• 11 stores - no vacancies • 2.7 acres - with ample parking spaces
• Property on 2 acres • Commercial in an area of intensification
$15M
$11M
Grant Gibson
Sales Representative
#1 AGENT for 2012, 11, 10, 09, 08, 07, 06
TRAILER PARK, BANCROFT
RESTAURANT AND HOUSE, BANCROFT
This 83 acre property is located within walking distance of Weslemkoon Lake. At the present time there are 15 metered sites with a community comfort station close by. The main building also has a washroom/shower area. This property has the potential for approximately 50 sites with hydro. There is a 3-200 amp service on the property and 2 full septic systems. The owner has put in an extensive road/trail system that is ideal forATVs (this property is also located next to 100s of acres of Crown land and groomed snowmobile trails). They $449,900 have started to add what they call Hobo sites (trailer and tent sites without hydro) and you could have 100 or more of these sites. The land is a sandy base near the main building and a swimming pool could easily be put in. The property is within walking distance of the Four Loons which is a marina, restaurant, boat slips and boat launch. The main building has living quarters on the 2nd floor and the main floor. 3713_DJW_0066
Restaurant & home being sold together on 10 acres. Great opportunity to run a well-established restaurant & live in the neighbouring home. Located on Hwy. #62 South of Bancroft, this is 953’ of highway frontage & 10 acres of land with a beautiful 4 bedroom bungalow & 2,800 sq. ft. restaurant known as the ‘Gate Restaurant’. Potential for new business on vacant land, located near the snowmobile trail & at the entrance to cottage country. Seller will consider holding a mortgage. Property, home & restaurant all show great. 3713_DJW_0067
BANCROFT/BAPTISE LAKE
4 UNIT PLAZA
Once in a lifetime opportunity to own a unique property on prestigious Baptiste Lake. Features amazing panoramic sunset views across the big part of the lake & has over 9,600 sq. ft. of space. The building is only nine years old & has been quality built with no attention to detail overlooked. On the main floor there are three one bedroom apartments with private balconies overlooking the lake side & fantastic views for miles. The current owners rent these units during the summer months by the day or week & in the off season by the month. Lower level features walkout to lakefront patio & fully $894,900 licnesed 65 seat restaurant overlooking the lake that is operated during the summer months. Includes a large separate apartment for rental plus an attached garage with tile flooring.
Great opportunity for this 4 unit plaza located in Lakefield. Purpose built 4800 sq. ft. brick with glass store front building. Each unit is 1,200 sq. ft. and separately metered. Good visual exposure with 150 feet of road frontage and paved parking lot. Building was just renovated and currently vacant to alow the Buyer to pick their own tenants.
3713_DJW_3_0021
COM
• High traffic shopping area with banks, supermarkets, etc.
• 5% cap rate
Office:
Toll Free:
Brokerage
• Parking for 10 cars • 9,000 sq. ft. total • 95 ft. of frontage
PLAZA
APARTMENT BUILDINGS TORONTO
$2.6M
3713_DJW_2_0016
• Leased to 2021+ options • 9,500 sq. ft. available for lease on 2nd floor • Elevator to 2nd floor, plus parking
416-508-2949
3713_DJW_6_0040
$3.98M
Rita Mollicone, BA
$349,900
$349,900
3713_DJW_2_0022
11102630_3713
7G
COM
11272352_3713
8G
COM
8155064_3713
9G
COM
Mike Mullin SALES REPRESENTATIVE
RCR Realty, Brokerage
Office: 519.941.5151 Toll Free: 800.268.2455
Independently Owned & Operated
75 First Street | Suite 14 Orangeville, ON L9W 2E7
mike@orangevillecommercial.com www.orangevillecommercial.com
$16.00
3713_DJW_1_0006
FOR LEASE:
SHELBURNE FRESH VARIETY OWEN SOUND ST SHELBURNE ONTARIO
NEW BUILDING CENTENNIAL RD ORANGEVILLE ONTARIO
Fabulous 87 acre farm with 2900 sq. ft. 4 bedroom Royal Home. Approx 15 acres bush and remainder farmland. Land high, dry and fertile. Approx. 20 acres tile drained. 2 road frontages. One outbuilding is driveshed for equipment and second building is 30’x60’ with fenced paddocks.
3 br home with a thriving, well established business. The home is attached to the business which features approx 980 sq ft of retail space, office, storage & 2 W/I coolers. Includes 3 ton and 5 ton delivery trucks, 24 ft produce counter, 12 ft dairy counter, 8 ft enclosed freezer, 2400 sq ft garden canopy and much, much more. Own your own business and work from home. MLS #X2502864.
Welcome to Westside Business Centre. New building in The Heart of Growing Commercial Sector of Orangeville. Your neighbours will include Tim Hortons, Scotia Bank, Dairy Queen, Master Mechanic, Pro Oil and Sears. Currenty 28,120 sq. feet available. TMI is estimated at $7.13/ sq ft. Lots of parking. Landlord will divide into unit(s) from 1800 sq. ft. to suit your needs. MLS #W2526471
$12.00 & $15.00
$15.00
FOR LEASE
$11.00
3713_DJW_0047
FOR LEASE
3713_DJW_1_0008
3713_DJW_1_0005
FOR SALE/LEASE:
PRIME DOWNTOWN LOCATION BROADWAY ORANGEVILLE ONTARIO
3 UNITS AVAILABLE RIDDELL ROAD ORANGEVILLE ONTARIO
PRESTIGIOUS OFFICE SPACE TOWNLINE, ORANGEVILLE ONTARIO
Fabulous opportunity to lease space currently occupied by County of Dufferin. Approximately 12,000 sq ft of prestige office space in the Downtown Core of Orangeville. Space may be demised to specific tenant needs. Current zoning is CBD (Central Business District) which allows for multiple uses.
New professional building located in The West of Orangeville. M1 zoning for multiple uses. 3 units available. Prime location off Riddell Road in a growing area. Located 20 minutes to Brampton, 45 minutes to Pearson, less than an hour to Toronto. Call isting agent regarding tenant allowances for leasehold incentives. Bathrooms roughed in. Landlord will provide lease. Roof top HVAC. TMI is estimated at 5.00/sq ft. MLS #W2655086
Prime, well maitnained office complex with excellent exposure on main Arterial Road in Orangeville. Ample parking. Very well suited to professional offies but has potential for many other allowable uses. Professionally landscaped. Tenant responsible for net rent, TMI and utilities. MLS#W2717481.
$10.00
FOR SALE/LEASE:
$10.00
3713_DJW_1_0002
3713_DJW_1_0010
FOR LEASE
FOR SALE/LEASE
$3.95
3713_DJW_1_0009
MLS #W2519149 & W2519118
PRIME DOWNTOWN LOCATION BROADWAY ORANGEVILLE ONTARIO
HIGHWAY EXPOSURE FIRST STREET ORANGEVILLE ONTARIO
31,500 SQ FT OF INDUSTRIAL SPACE CENTENNIAL ROAD ORANGEVILLE ONTARIO
Prime location for retail or office space on Broadway in The Downtown Core of Orangeville. Ideal location for high traffic and exposure for your business. Currently set up with reception area, 3 offices, 1 boardroom, bathroom, lunchroom and basement available for storage. Renovate to suit your specific needs.
Modern energy efficient building!! Approx 17750 sq ft on main level with approx 12000 sq ft on second level. 22’ ceilings in front portion of building, 11’ ceilings in balance of building. 2 truck loading docks and 4 drive in bays. High profit location. Neighbouring properties include Orangeville Mall, Wal-Mart and Canadian Tire. C3 zoning allows for multi uses. W2487453 & W2487458.
31,500 sq ft Industrial Building situated on a 4.18 acre lot in an Industrial Park a short distance from Commercial and Residential uses, just South of the main route of Broadway, within the Town of Orangeville. Industrial manufacturing/warehouse building. Designed to accommodate 3 tenants. Residential dwellings and an elementary school to the South, Commercial uses to the North and East, and industrial uses to the West. W2575437 & W2649869
MLS #W2554635
COM
$595,000
87 ACRE FARM COUNTRY ROAD 11, AMARANTH ONTARIO
Exclusive listing.
10G
FOR SALE:
3713_DJW_1_0003
3713_DJW_0056
$825,000
11277949_3713
P R I V AT E I N V E S T O R LOOKING TO BUY
APARTMENT BUILDINGS
Anywhere In Ontario. 20 Units Plus. Quick Close!
Call Gene: 647.821.6006 WeBuyBuildings1@gmail.com EMPIRE REAL ESTATE SERVICE LTD.
T R A I L E R PA R K S M A K E G R E AT I N V E S T M E N T S W I T H STRONG CASH FLOW!
Brokerage OFFICE
519.767.2392 TOLL FREE
1.800.461.9416
Open only 6 months a year they afford owners plenty of time off in the winter. NEW LISTING IN GOD’S COUNTY Escape the big city life to this gorgeous waterfront trailer park and cottage resort on Lake Nippissing. 50 full service sites, 6 incredible cottages, state of the art septic and water systems, newer maintenance shed. Open 6 months of the year, this park is full of retired couples who go south in the winter. No money needed to upgrade anything at this park, just enjoy the lifestyle.
DOUGLA S RI EL LY Broker of Record
820.6571
519
11277947_3713
11278867_3713
DouglasRielly@gmail.com
KAWARTHA REGION This park is 90 minutes drive to 401 and Yonge Street. It is on 70 acres of land with approximately 1,700 feet of riverfront. Currently the park has 80 seasonal sites and 32 year round sites, enclosed swimming pool, maintenance building and recreation hall for the campers. Approvals in place for another 125 sites and the possibility of increasing this to 250. This park is in pristine condition with little to do. The future for this property is very positive.
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.
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.
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8302229_3713
11273560_3713
Royal LePage RCR Realty 136 Main Street E., Box 238 Shelburne, ON L0N 1S0
Independently Owned & Operated Brokerage
TOLL FREE:
800.360.5821
OFFICE: 519.925.2761
DIRECT: 519.216.1756
marg@royallepage.ca www.margmccarthy.com CALL ME FOR SUCCESSFUL BUYING & SELLING, ALWAYS WORKING FOR YOU! LIVE AND WORK AT HOME
COMMERCIAL & RESIDENTIAL ZONING
FRESH FRUIT AND VEG/VARIETY BUSINESS AND HOME
Sale of business & Property. Fully stocked general store with full service Post Office, Beer & LCBO outlet (new owners to be approved). 2 storey, 3 bdrm $699,000 Large home attached with store access, plus a large 2 bdrm apt above store. Rental income potential. Store located in The Hamlet of Feversham. Excellent opportunity for family business. Proven income.
Currently a general store/ snack bar with approx 3000 sq ft of Commercial space, room to grow or bring in additional businesses. Plus a huge 2 bay garage. Attached bedroom, 2 bath residence. $299,000 3Located in an area of future development. Great location on Cty Rd 124 with lots of skiing and cottage traffic enroute to Collingwood, Wasaga Beach area. Located approx 10 min N of Shelburne, 1 hr N of Brampton and 20 min S of Collingwood.
A wonderful opportunity to own a lovely 3 br home C/W a thriving, well-established business retail and wholesale fruit and veg/variety store. Home features modern eatkitchen, Living room with $595,000 inhardwoods, 3 generous bedrooms, and a rec room and games room. The home is attached to the business which features approx 980 sq ft of retail space, truck for deliveries included. A tremendous opportunity to own your own business and work from home.
3713_DJW_1_0082
3713_DJW_1_0098
VACANT LAND 12G COM
$329,000
3713_DJW_1_0078
Century building has store with classic features, high ceilings, hardwood floors, 5 car garage at the rear, with many potential uses. Apartment has been restored, new windows, floor and tall ceilings. Great location in growing small Town, live in and work or Investment property.
3713_DJW_1_0079
CALL MARG TO GET SOLD LOOKING TO SELL, HAVE BUYERS FOR: - Multi unit/Apartment buildings - Convenience stores - Carwash - Vacant land - Farms - Commercial
SOLD
3713_DJW_3_0097
3713_DJW_1_0081
DOWNTOWN STORE WITH 4 BEDROOM APARTMENT WITH 5 CAR GARAGE
in Vibrant Central Orangeville. Central Business District, Commercial, Residential or combination, may take up to 7 unit building. Paved and close to Municipal parking. Owner may finance and can build to suit. Good value for a rare development in Downtown Orangeville. $178,000.
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Mazhar Roshan Sales Representative
905.929.9800
Direct
905.318.3800
24 Hr. Pager
BROKERAGE
mazharroshan@sympatico.ca mazharroshan@hotmail.com GREAT BURLINGTON LOCATION $129,900
Restaurant/Bar/Poolhall business, runs on short hours Monday-Saturday, 15,000 sq ft facilitiy with very reasonable rent and long lease, hands-on entrepreneur needed, lots of potential, showings after 2 pm.
3713_DJW_2_0024
RETAIL STONEY CREEK MOUNTAIN
3713_DJW_1_0034
3713_DJW_1_0066
HAMILTON MOUNTAIN
Very busy and desirable location on Hamilton Mountain. Money making, long established sandwich and sub shop doing over 5000 per week in sales, owners absentees operation, good for family operation or hands on entrepreneur, reasonable rent and long lease, please do not go direct, call LBO.
Located in highly growing neighbourhood on Stoney Creek Mountain next to new Walmart & Financial Institutes, in a plaza with 3310 sq ft retail space available (can be divided). Other tenants include drive thru Tim Hortons, Esso Gas Station, Avondale, Gino Pizza & many more. TMI is estimated 10.00 PSF, immediate possession avail.
BUSINESS FOR SALE HAMILTON $229,900 3713_DJW_1_0019
3713_DJW_2_0002
Long established mattress manufacturing business for sale, owner retiring. Lucrative opportunity for business enterpreneur, easy operation, money maker. Seller will provide full training and establish list, for more details call.
Long established convenience store, totally upgraded, doing over 15K per week + Lotto, no competition near by, good opportunity, call LBO for more information.
FOR LEASE BRANTFORD
LAND FOR SALE 3713_DJW_4_0044
3713_DJW_1_6668
FOR LEASE
3713_DJW_1_0064
3713_DJW_1_0018
BUSINESS FOR SALE
BUSINESS FOR SALE BURLINGTON $99,900
CONVENIENCE STORE - HAMILTON ASKING $209,000 PROPERTY & EQUIPMENT
BUSINESS FOR SALE HAMILTON ASKING $29,900
Location, Location, Location! Long established variety store, doing 25K sales per month + lottery + more, need prudent enterpreneur, great for family run operation, long lease reasonable rent, call LBO for more information.
leased price reduced
Great Hamilton Mountain location, retail convenience business with property, lots of potential! Kitchen established license for 15. Lottery terminal making about 1000 per month. Good for small entrepreneur or family business. Be your own boss, buy the business with totally upgraded property! Store also available for lease or rent.
sold
3713_DJW_3_0041
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.
3713_DJW_1_0001
Very desirable area of Stoney Creek Mountain. Next to the new Walmart/ Financial Institutes, new homes coming to the area in a plaza, 1366 sq ft office space available. Ideal for lawyers, doctors, dentist and insurance agents. 6 offices available with separate receptions and kitchen areas. OTHER TENANTS INCLUDE TIM HORTONS, ESSO, G/S, AVONDALE, GINO’S PIZZA & MANY MORE. TMI’S ESTIMATED 9.00 PSF.
3713_DJW_2_0003
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.
Long established variety store doing $7000 per week and $1500/Lottery per month. Rent is $3500 including all. Motivated seller.
MONEY MAKING FRANCHISE BUSINESS Net income over $150,000 per year. Better than a convenience or grocery store. Reasonable rent and long lease. For details call Mazhar Roshan. (Principals only please) 13G COM
taxingissues
Selling a real estate
investment property By Henry Choo Chong
Q
I purchased a rental investment property nine years ago. Every year I have filed the rental income on my tax return. This year I sold the property. In addition to my rental income, what tax implications will I have to report? Jared, Toronto
A
Hopefully, you made a profit! The real estate market has been healthy for the past several years and continues to be strong. Selling a real estate investment property will generate either a capital gain/loss and/or a recapture of income/terminal loss. You will have a capital gain when the proceeds of the sale exceed the original cost of the property. A capital gain must be included in your personal tax return (if you own it personally) and is taxed on 50 per cent of the gains at your personal tax rate. A capital loss occurs when the cost is greater than your proceeds. The capital losses should be included on your personal return and applied against capital gains in that year. Any excess losses can be carried back three years, or carried forward indefinitely to reduce capital gains.
14G COM
In calculating the capital gain/loss, determining the adjusted cost of the property is an essential factor. The adjusted cost must include not just the purchase price but also other costs incurred that had to be capitalized. As well, the proceeds of disposition are all the cost, including the selling price and adjustments pertaining to the sale of the investment. In addition to the capital gains/losses, you may have a recapture of income. This occurs when you are taking Capital Cost allowance (depreciation) on the building, in any of the years that it was owned by you. The balance in this account is called the “undepreciated portion.� A recapture of income occurs when the lesser of the proceeds and the cost of the property is higher than the Undepreciated Capital Cost (UCC). The recapture of income is taxed in its entirety at your personal tax rate. Alternatively, a terminal loss occurs when the lesser of the proceeds and the cost of the property is less than the UCC. This terminal loss can be applied in the current year to reduce other income (such as salaries, business income, etc.). Any unused amounts can be carried back three years or carried forward. Good record keeping is essential to calculate the correct gains and/or losses.
Henry Choo Chong is a certified general accountant. Henry sits on many committees and provides accounting and tax services to individuals and businesses in the GTA. He can be reached at 416.485.5225. Questions to Taxing Issues can be emailed to choochonghcga@yahoo.ca
10228647_3713
Commercial, Real Estate & Business Opportunities
Bill Bradley Sales Representative
416.258.6866
EXIT REALTY YOUR WAY
Brokerage | Independently Owned & Operated Unit 2, 1240 Speers Rd., Oakville ON 905.815.9900
exitwithbill@gmail.com PRINTING BUSINESS 3713_DJW_1_0059
3713_DJW_0052
FOR LEASE
Have your own printing business with all the equipment and clientele. Lovely 3 bedroom condo apt. $1750 per month. Completely renovated.
ONLY
FOR SALE 3713_DJW_1_0086
3713_DJW_1_0087
FOR SALE
$69,900
602 MAIN ST. IN THE TOWN OF DUNNVILLE, ON 2 stores plus a shop.
606 MAIN ST. W. IN THE TOWN OF DUNNVILLE, ON One bedroom bungalow.
$399,900
$199,900
FOR SALE 3713_DJW_1_0088
If you are looking to buy a retirement home to operate it yourself Call Bill Bradley Prices ranging from $1,000,000 to approx. 602 & 606 MAIN ST. W., DUNNVILLE, ON. Buy both #602 & # 606 they are beside each other and extends from Main St. to the Grand River.
$590,000
$15,000,000
416.258.6866 15G COM
$1,995,000
Great location in the heart of Downtown Kitchener. Featuring 6,400 sf of main floor retail space and 10,800 sf of upper office space together with 4 bachelor apartments, situated on a high traffic intersection, and fully leased. Asking $1,995,000. MLS.
$790,000
Solid 8-plex in popular rental area of Kitchener located seconds from the 7/8 expressway, shopping, schools and on public transit route. The building is comprised of 2 bachelor and 6 one bedroom units and has undergone many recent improvements including roof and eaves, new water softener, windows, balcony railings, extensive brick and chimney work, and 6 units remodelled. MLS
- Last unit remaining - 3rd floor suite w/private offices - From 1,904SF to 2,425SF available - Elevator, onsite parking, close to expressway.
COM
$359,900
3713_DJW_1_0061
Great exposure on King Street located directly beside Tim Hortons on main arty of St. Jacobs. This 3 bedroom 2 bathroom home features large principal rooms, oversized attached garage, fully fenced lot, newer furnace. M-5 zoning allows for many commercial uses.
ED
3713_DJW_1_0104
AS
PORT ELGIN For lease 2,400 SF, only unit in 30,000 SF plaza, former Curves space, excellent location, unit in great condition. WATERLOO INVESTMENT For sale. Exclusive Principals only, $929,900 C T main floor T RA retail (w/basement), 2 flRoors C OofNresidential apts w/long E term tenants. U N D ROCKWOOD, ON Close to Guelph, Tim Hortons. Ideal for restaurant & services uses. Pre-leasing. NORTH DUMFRIES INDUSTRIAL For sale: $2.2M. 15,000SF - fully leased. On 4 acres, backs onto Hwy #401
- Retail units and Pad Site available - Mall undergoing extensive renovations - On Bus line - On Expressway - Join Valumart, CIBC, Dollarama and many more
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 16G
1223 KING STREET ST, JACOBS
FREDERICK MALL, KITCHENER
$9.50/SF
3713_DJW_2_0039
450 FREDERICK STREET, KITCHENER
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.
LE
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.
$1,295,000
3713_DJW_3_0024
KITCHENER
3713_DJW_2_0070
$899,900
1458 WEBER STREET E., KITCHENER
3713_DJW_3_0057
3713_DJW_0084
High profile office building in Huron Business Park. Built in 2002, the building is situated on a 2 acre lot and is comprised of 15,000 square feet of finished office space, 5000 square feet of warehouse space, and large rear parking lot that is completely fenced. B-2 zoning allows for commercial uses including manufacturing, educational, religious institute, laboratory, repair service, etc.
1102 KING STREET, PRESTON
MIXED USE BUILDING IN DOWNTOWN KITCHENER
3713_DJW_1_7777
$2,950,000
CO UN NT DE RA R CT
139 WASHBURN DRIVE, KITCHENER
KITCHENER ONTARIO 11278035_3713
Ryan@cmarealty.ca
AUCTION Pictures & Info at
w w w. g a rd n e r a u c t i o n s . c o m
A C T
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3 LOTS Xact Auto Service 229 Furnival Road, Rodney 8,514 sq. ft. building with .715 acres
Sealed bids close Wed. Sept. 25th at 4 pm
Wingham Public School 131 John Street East, Wingham 30,422 sq. ft. building on 3.08 acres
Auction Thurs. Oct. 3rd at 4 pm
3713_DJW_0088
3713_DJW_0089
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C T I
Holmesville Public School 37375 Cut Line Road, Clinton 20,703 sq. ft. building on 8.18 acres
Victoria Public School 135 Gibbons St., Goderich 44,581 sq. ft. building on 9.83 acres
Auction Thurs. Oct. 3rd at 5 pm
Auction Thurs. Oct. 3rd at 6 pm
3713_DJW_0090
3713_DJW_0091
O N
GARDNER AUCTIONS INC. “ACTION BY AUCTION SINCE 1922”
w w w. g a rd ne ra uc tio ns .c om
519.685.2929
AUCTION
8829729_3713
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Commercial Properties Business Opportunities Franchise Openings & more!
A GOOD INVESTMENT FOR THE RIGHT PERSON WITH THE RIGHT BUSINESS People constantly stop and admire this commercial building in the heart of Owen Sound. Ideally located, in high traffic area, close to municipal parking and within walking distance of the river. Very well maintained with 7 treatment rooms, reception area, waiting room and much more. Ideal set up for professional offices, alternative therapies or your business. Meets fire code. Expose your business in Owen Sound to success, access, quality and location. Competitively priced $265,000. 3713_DJW_0093
Adele Kirby Real Estate Brokerage
$265,000
9865505_3713
Wilfred McIntee & Co. Ltd., Brokerage 105 Garafraxa St. N. Durham, ON N0G 1R0
Adele Kirby
519.376.6500
Broker of Record
Email: adele.kirby@rogers.com
Town of Durham - Junction of Hwys #6 & #4 55 miles N of Guelph, 50 miles NW of Orangeville, 65 miles NE of Kitchener
COMMERCIAL BUILDING IN HANOVER
$595,000
519.369.2128
2 1/2 yr old building in Hanover industrial park. This building is approx. 7100 sq. ft. with main floor foyer, showroom, boardroom, offices, storage & workshop. Lower level has overhead doors, storage & utility. Natural gas heat, 200 amp, 600 volt hydro 3 phase, step down transformer. #12-102. Ask for Glen
11255951_3713
Glen G. Reay SALES REPRESENTATIVE CELL:
519.369.4113
3713_DJW_1_0048
Email:
glen.reay@mcintee.ca • www.glenreay.ca
•
www.mcintee.ca
CORPORATE & EVENT EQUIPMENT RENTALS, TURNKEY BUSINESS FOR SALE
3713_DJW_5001
The business is a turnkey operation with all inventory, stock & fixtures available for start up. Computer system & software to track inventory, clients & past business. Strong growth potential. Includes the purchase of an industrial unit of over 4700 square feet. Potential to run as a family business. Excellent opportunity and lifestyle change for the right individual. Well established party rental company located in a growing community in the GTA. The business provides special event equipment and tent rentals to golf courses, weddings, corporations, trade shows, and social events. CALL TODAY FOR MORE DETAILS
John Procenko Broker john@procenko.com
905.471.2121 1.800.362.0893 www.procenko.com
3713_DJW_5000
11278694_3713
BE YOUR OWN BOSS & MAKE MONEY!
Aris Diamandas
Sales Representative aris@procenko.com
Leading Edge Realty Inc. Brokerage
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!
COMMERCIAL SPACE FOR LEASE 2 MAIN STREET WEST, RIDGETOWN, ON • At Main & Erie intersection. • Located by student residence. • High traffic area, next to Post Office, great exposure. • Close proximity to Chatham. 11278825_3713
Lesley Pitchforth Cardinal Property Management Inc.
519.436.9639 Email:
11277268_3713
3713_DJW_1_7778
TWO LOTS FOR THE PRICE OF ONE! Exit Realty Hare (Peel) Brokerage Independently Owned & Operated
Eugene Dignum
Stephen Dignum
Sales Representative
Sales Representative
One lot is vacant with CV (Village Commercial) Zoning, and the other lot has a 3 bedroom house with small barn, separately deeded and on Highway # 10 in Caledon Village with good exposure. Approx. 120’ frontage. Right next to new plaza. Many opportunities await. Listed for $579,900.
3713_DJW_0053
lesley@cardinalproperty.ca
EXCLUSIVE - RARE 2 ACRE PARCEL
1.866.297.3948 I
Corner lot on Hwy 10. Minutes North of Brampton. Town water and gas. Commercial property on adjacent corner.
APPROX. 2 ACRES 200’ frontage on Highway 10, just south of Regional Rd. 4. Beside Motel and across from High School. Great commercial/investment opportunity. Listed at $139,900.
3713_DJW_0054
www.eugenedignum.com
WOW! REDUCED TO $219,900! BROWN REALTY BROKERAGE
INDEPENDENTLY OWNED AND OPERATED
Dave Brown Broker
519.426.7187
11278057_3713
11241769_3713
Dual purpose. Main building was formerly a Lions Club facility w/ offices, bar, large assemby and banquet hall. Huge storage areas. Great for furniture, hardware or any type of retail or service outlet. Over 15,000 sq. ft. Attached large side and rear shop formerly leased by Norfolk County Fire/Ambulance and Rescue with bay doors for vehicle storage and repair. Fronting on Hwy #3, main commercial access thru heart of Delhi. Being sold under P.O. S. Avail. immediately. Call 519-426-7187.
3713_DJW_0012
HomeLife Macro Realty Inc., Brokerage
Independently Owned & Operated
Milena Sozio Broker Cell:
905.512.6842
Email: milena@homelife.com
THE COMMERCIAL INVESTOR: SPOTLIGHT
Successful Pizza franchise average 30% growth in last 3 years as seen on Food Network “Giving You The Business” in a busy Brantford location. http://www.youtube.com/ watch?v=sFOaCmCm9Hc&sns=em Please do not go direct. Priced to sell! Delivery area is all of Brantford. Great opportunity to expand with new locations. Turnkey operation. 17 school lunch programs, numerous business accounts, consistent sales growth, well $179,500 known in Community, long term experienced kitchen staff, experienced team leader, located on a Main Street in busy neighbourhood business plaza. Financial details available upon request. Call now for more information. MLS #H3114515. 3313_DJW_0071
Commercial Properties • Business Opportunities • Franchise Openings & more! 19G COM
20G
COM
9853283_3713
and Equipped with, New A/c, Nitrogen air, new alignment, new scanners, so much more. Sales over $700k per annum. Inventory
Commercial Real Estate & Business Opportunities
BRADFORD - BUY 26,000 SQ FT SuperiorTireForSale.ca BUILDING AND BECOME A LANDLORD!
SUPERIOR TIRE HWY 7/PINE VALLEY
3713_DJW_1_0065
SymposiumForSale.ca
Asking Price $249,000
$319,000
$289,000
3713_DJW_1_0076
RESTAURANT FRANCHISE MCCOWAN/401
37
extra $60k. Training for the right person provided.
$1,1750,000
3713_DJW_1_0077
Volume 13 Issue 10
283 FRONTAGE ON YONGE ST. STORE FRONT YONGE & 407 SHOP FOR RENT 1723 VICTORIA PARK All day breakfast, open 7 days a week with increasing sales. Weekly avg. $12-$14K/wk. Training included, growing franchise, several sites under construction. http://www.panagiosforsale.ca/ Call Tom Today.
Specializing in full mechanical repairs, custom wheel and tires, accessories, new equipment, 8 bays new alignment, $730K per year avg. sales. http://www.superiortireforsale.ca/
283 ft. frontage, close to Hwy 404 & GO Train. 5 of 6 units are currently occupied. Separate piece of land with almost 2 acres included in price. http:// www.121bridgestreet.com/
UNIT FOR SALE WOODBINE & STEELES
BAkERS DOZEN DRIVE-THRU
$249,000
BRADFORD Featuring about 300 sq ft office space, and 900 sq ft warehouse total 1287 sq ft. Needs paint and carpeting, pay rent when you can own. Low maint fee only 7713YongeStreet.com 121 BridgeStreet.comwhy $319/mo.
ASKING $1,750,000
Specialty restaurant serving only fish and chips. Open 11:30 - 8 pm, Sat 3-8 pm, Sundays closed. Room for your to make the menu bigger and open more hours. Rent $2300/mo, Sales over $12,000/month. Located in Bradford Ontario.
BRADFORD
JD’s Fish n Chips CENTURY 21 HERITAGE GROUP LTD.,
WOODSTOCk, ON BROKERAGE*
Yonge St. Richmond Hill Woodstock11160 Ontario, Busy over $8500/ *Each offie is independently owned and operated wk sales, rent*Not $4300, CALL TODAY Intended to solicitor properties currently listed $99,000.
sellwithTom@rogers.com Bakers Dozen Donut DRIVE-THRU
2010 2011
$2400/MO.
This store is over 25 years established located in Woodstock ON. Rent is $4250/mo sales over $8500/week, busy drive-thru. Call Tom today.
2BayShop.com
Tom Tsambourlianos SALES REPRESENTATIVE
TORONTOBUSINESSFORSALE.CA CALL TOM DIRECT 416-520-3601 2009
11273619_3713
IRC BUILDING SCIENCES GROUP
Building Science Engineers & Consultants
www.ircgroup.com Our team of Engineers, RCI Registered Roof Consultants and Quality Observers, Project Managers and Coordinators use a unique cooperation and multidisciplinary integration of engineering services to deliver complete building performance expertise to our clients across Canada.
Contact us at 905-607-7244 sales@ircgroup.com
IRC provides engineering and consulting services for all building needs: • Building Condition Assessments • Reserve Fund Studies
• Building Envelope Engineering including: - Roofs - Walls - Windows - Doors
Please say you saw it in The Commercial Investor
- Parking Garages • Pavement Consulting • Thermography • Design and Specification • Quality Observation • 24 Leak Response System
Greater Toronto Area
Low RENT ONLY $2300/MO with 26 seats, open Mon-Fri 11:30-8pm Sat 3-8 Must Be Sold $49,000.
$99,000
3713_DJW_0034
$49,000
3713_DJW_0032
FISH AND CHIPS
3713_DJW_0033
PanagiosForSale.ca
Volume 13 Issue 10
Commercial Real Estate & Business Opportunities
10929735_3713
38
Greater Toronto Area
A licensed establishment! Great downtown location in Elmvale. Repeat business & potential to earn additional income with 10+ rooms upstairs/3 washrooms. Operates as a Irish Pub servicing beer, wine & liquor. Contact listing brokerage to learn more about his outstanding Investment Opportunity. $445,000. Nadene Milnes* or Kristina 3713_DJW_3_0029 Tardif* 1-705-422-2350.
Excellent Opportunity - Turn key, fully equipped, State Of The Art kitchen, current client list with plenty of opportunity for growth. Excellent lease terms, reasonable rent. $107,900 Leigh-Ann Caron* 1-888-943-0860.
Investment property near new 1900 unit residential development at Nottawasaga Inn. In growing Alliston Home of Honda of Canada. High land with views and huge frontage on Hwy 89. Approx. 57 acres. Future development parcel. $895,000. Marc Ronan*** 1-888-936-4216
15 acres - Urban Industrial Zone Land, ready to go with services available. Beside major users such as Honda of Canada, Gibson Transport, Nissan Transport. Growing South Simcoe and Alliston. Ready to build or owner will divide. $250,000/per acre. Marc Ronan*** 1-888-936-4216.
Approx. 2 acre lot overlooking Tottenham Conservation Area & Pond. Gently sloping. Permitted density of 89 units per gross hectare. 2 road frontages. $899,000. Marc Ronan*** 1-888-936-4216.
3713_DJW_1_0033
3713_DJW_0074
3713_DJW_0075
Private Country Estate on 67 acres of Hardwood Forest, Ponds & your own 9 Hole Golf Course. Fully equipped Pro Shop, Workshop, Ample Storage and Parking. Have your own course or continue existing public play. Large custom raised bungalow, 3+2 bedrooms, multiple walkouts to manicured lawns. $1,499,000 Marc Ronan*** 1-888-936-4216. 3713_DJW_0076
50+ acres abutting draft plan approved land owned by major developer in Beeton on paved road less than an hour from GTA & Pearson Airport. Fabulous views, solid raised bungalow with setup for inlaws, forced air gas heating. Excellent Investment and future development potential. $1,100,000. Marc Ronan*** 1-888-936-4216.
100 acres prime land between 27 and 400 Hwy. 2000 ft road frontage. Excellent soil for potatoes, vegetables or cereal crops. Flat workable land near the Innisfil Creek. Original Parcel regular shaped with no severances. Old house on property. Excellent Investment considering explosive growth in Bond Head and Bradford area. $1,200,000 Marc Ronan*** 1-888-936-4216. 3713_DJW_0077
3 parcels totalling close to 300 acres featuring rich fertile black muck soil perfect for growing vegetables, carrots, potatoes, etc. 100 acres with Shop, Barn & Bungalow. Great opportunity to purchase large acreage minutes North of Alliston. $3,500,000. Marc Ronan*** 1-888-936-4216. 3713_DJW_2_0063
Location! Location! Hwy 89 & Airport Road. High profile corner Commercial property 3600 sq ft on 1.68 acres. Custom built building suitable for business or restaurant & many other highway commercial zoning permitted uses. Excellent access and exposure with ample parking. $1,195,000 Marc Ronan*** 1-888-936-4216. 3713_DJW_0078
3713_DJW_0072
3713_DJW_2_0031
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*** or 3713_DJW_0073 Gladys Craine**** 1-888-936-4216.
Sensational 100 acre parcel located in the South end of Hockley Valley! Five species of mature trees, great building sites, walking & riding trails and Humber River flows through! Hunter, Angler, Sportsman, Fisherman’s Dream! $995,000 Marc Ronan*** 1-888-936-4216. 3713_DJW_0079
Rock Solid in Real Estate.
TM
* Sales Representative ** Broker *** Sales Representative/Owner **** Broker of Record
©2013 BRER Affiliates Inc. An independently owned and operated broker member of BRER Affiliates Inc. Prudential, the Prudential logo and the Rock symbol are trademarks of The Prudential Insurance Company of America, registered in many jurisdictions worldwide. Used under license with no other affiliation with Prudential.
Please say you saw it in The Commercial Investor
SELLING REAL ESTATE FOR OVER 24 YEARS
Platinum Award Winner
Bill Morrison SALES REPRESENTATIVE
Direct:
Heritage Realty Inc., Brokerage
905-619-9500
Independently Owned and Operated
$3,950,000
OSHAWA
Attention Investors! Plaza in the west end on very high traffic road anchored by Rexall Pharmacy.
TORONTO
$899,000
WHITBY
$1,050,000
TORONTO
$1,050,000
3713_DJW_0111
Plaza! High traffic area with 5 tenants including Pizza Pizza. 10,000 sq ft with lots of parking.
$2,600,000
morrisonb@sutton.com
BOWMANVILLE
$1,190,000
3713_DJW_0113
Diamond in the rought! East Toronto. 4 commercial & 3 residential units priced to sell.
TORONTO
$1,080,000
3713_DJW_0115
CASH COW - INVESTMENT OPPORTUNITY LEASED BUILDING
Fully leased 2 commercial & 3 apartments plus roof top sign near Downsview Subway Station. Net $61,000 yr.
3713_DJW_0112
Downtown building with 6 stores & 7 apartments periodically renovated and well maintained. Net income $95,000.8% CAP
3713_DJW_0114
Excellent investment opportunity! 4 tenants. Property renovated a few years ago. Good condition! Vendor wants an offer!
3713_DJW_0116
DRIVING RANGE
Long term lease with 6% CAP Rate on Brock St. in downtown Whitby. Outstanding property and building. No work to do. Just cash your cheque every month. 3713_DJW_1_0114
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 $2,400,000 to future Hwy 407 ramp.
3713_DJW_3_0034
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
Greater Toronto Area
TORONTO
Email:
10527900_3713
Toronto line: 416 798 7278
40
Volume 13 Issue 10
Commercial Real Estate & Business Opportunities
RANDOLPH LENGAUER ÂŽ
11273471_3713
Percy Fulton Ltd., Brokerage office: 416-298-8200
Sutton Group Heritage
Neha Pandya
Lucy Lo-Ming Yim
416-298-8200
416-298-8200
BROKER
1-866-436-0990
SALESPERSON
905-259-2020 rlengauer@sutton.com
DOWNTOWN OSHAWA
3713_DJW_0068
FOR SALE $349,000 Excellent Industrial Unit fronting on Silver Star with 2880 main floor and 700 sq ft mezzanine. 2 washrooms. Close to McNicoll. New development in the area has already started. Great for investor or user. Good return for investor.
SALES REPRESENTATIVE
3713_DJW_0060
FOR SALE $199,000
3713_DJW_0061
ASKING $645,000
Excellent commercial building just one block from the newly proposed Holiday Inn. 2800 sq ft main flr + 1200 sq ft second flr. 12’ ceilings, exposed brick walls, hardwood floors, 3 bank vaults. 11278776_3713
PhaseOne PhaseTwo SiteRemediation Environmental Site Assessments
For ~ purchasers ~ vendors ~ realtors and lenders 8297113_3713
Greater Toronto Area
Industrial/Office space in a well-maintained Industrial Condominium. Drive-in door at rear. Main floor is approx 770 sqft plus reception/office. Mezzanine floor is approx 770 sq ft. Easy access to Hwy 404. Monthly condo fee is $172.13.
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 10
41
Igor Chouminov President, Broker of Record
416.877.0326 igor@paiirealty.com
PAII REALTY INC.
Brokerage
11265283_3713
Commercial Real Estate & Business Opportunities
INVESTMENT AND DEVELOPMENT REAL ESTATE AtteNtION CUStOM HOMe BUILDeRS
TOWNHOUSE DEVELOPMENT SITE, RICHMOND HILL ON
TOWNHOUSE DEVELOPMENT SITE, RICHMOND HILL ON
• 17 unit Townhouse Site, 3 storey units w/20 ft fronts over 2500 sf each with large backyards.
Modern Design: 15 Unit Townhouse Site, 20ft fronts, 2200sf+, 3 storey, large backyards, upscale neighborhood.
• Great neighborhood walking distance to shopping, schools and transport.
Priced at $3,750,000
Priced at $4,500,000 3313_DJW_1_0101
RETAIL PLAZA/CONDO DEVELOPMENT SITE, SCARBOROUGH, ON • Under secondary plan for mixed use condominium development. • Retail Plaza current net income: $200,000/year • Great investment/Development opportunity! Priced at $6,000,000
3313_DJW_1_0102
3313_DJW_1_0103
COMING SOON to Richmond Hill, Estate Lots on Exclusive Street, Lots over 60ft, with Depths of over 150ft, Homes in the Area selling over $2M+++, Lots to priced Starting in the Low $900,000s. Please call for Details!
-
COMMERCIAL AND RESIDENTIAL PROPERTY FOR DEVELOPMENT SITE PLAN APPROVED PROJECTS RETAIL PLAZAS AND OTHER INVESTMENT PROPERTIES INVESTORS FOR REAL ESTATE PROJECTS ACROSS THE GTA!
Leonardo Hara Sales Representative
Realty Solutions Brokerage
Office: 416.743.2285 leohara@rogers.com www.LeonHara.com
647.668.4272
– – – – – – – – – – – – – – – – – –
PLAZAS: Toronto – 22 acres – 300,000 sf – Business Centre - $45 mil – 8% CR Toronto - $38 mil – 9 % cap rate 70 KM west of Toronto - $18.75 mil – 7.5% CR – with potential Toronto – AAA Tenants +50 Apartments 600k net. - $13.3 mil 300 km West - $12.2 mil – 6% CR – AAA Tenants Markham - $11.8 mil – 6.7% CR – Nice Plaza Collingwood – 8.5 mil – 7%CR – 7.5 acres - Potential 400 KM North - $6.5 mil – 6% CR AAA Tenants Northern Ontario - $5.5 mil – 6.25% CR AAA single tenant Peterborough - $4.6 mil - 8% CR Plaza – 130 km west - $2.4 mil – 7.5% Cap Rate Texas – 10% CR – AAA Tenants Sarnia Area - $1.25 mil – 9% Cap Rate 400 Km North - $1.2 mil – 9% CR + Potential Fashion & Modeling Business Toronto - $450 K – Great agency with AAA clients Toronto – Retail/office - $7 mil - $440 K Net – potential 42% return on Investment on Suites – Costumed for oil workers in Dakota - $50- $300k
– – – – – – – –
APARTMENT BUILDINGS/MOTEL/HOTELS Toronto – 66 units - $8.25 mil 5% CR Oshawa – 51 Townhouses – 7.1 mil – 6.2% CR Toronto – 57 Units – 7.1 mil -4.7% CR Sarnia - $5.55 mil – 65 res + 8 com = 7.7% CR Peterborough – 40 units - $4mil 7.6% CR!! Sarnia – 31 units - $2.1 mil – 7% CR 120 Km East - $1.2 Mil – 15 units – 6.7% CR 120 Km East - $600K – 6 units – 7.1% CR
Smart Choice
– – – – – – – – – – –
PROJECTS/DEVELOPMENT, LAND Markham – 20 acres - $30 mil Peterborough – 100,000 sq ft mix use and existing 50,000 sq ft with income $8.25 mil Cambridge - $4.7 mil – 8 acres – site approval for 182 condos Richmond Hill – 150 units, 12 floors, 130 K sq ft space proposed - $4 mil Orangeville - $ 4 mil – 53 acres (business park) & $1 mill – 17 acres (employment) Toronto - $3 mil – 20,000 sq ft lot CL zoning Georgian Bay – 40 estate Lots $2.5 mil (group of lots available also) Toronto – East – 1.3 acres – 265 unit condo building - $2.2 mil near university 3 Acres in Guelph – $1.8 mil – approved for Gas Station – busy intersection 3 Acres in Scarborough - $1.6 mil – Industrial zoning York Region – Yonge St. – 20 acres buildable $1.2 mil
– – – –
LEASES Toronto- Great Location – 31,000 Sq Ft for lease $5.5 or sale $4 mil Commercial/industrial/retail Windsor – 14,500 sq ft immediately to Metro & 5,000 sq ft in a Big Plaza Industrial/Office Flex – 2500-5800 sq ft in the Hwy 427/ QEW Area Toronto – 20,000 sq ft lot CL zoning - $4.5/ sq ft.
– – – – – –
MEDICAL, OFFICE & INDUSTRIAL Mississauga - $8.5 mil (70,000 sq ft ) and $5 mil (21,000 sq ft) Office Retail/ICI Building – Toronto – Hwy 401/Hwy 400 - $3.95 mil Toronto – 9 % Cap Rate - $2.5 mil – industrial Kitchener – Medical Building - $1.95 mill – 7% Cap Rate Mississauga Medical Building - $1.65 mil – 7% CR Office Building – Windsor - $1.285 mil – 11% Cap Rate
Let a Real Estate Investor, Manager & Realtor Help You Sell, Buy or Manage Properties, Implementing Optimal Marketing, Management and Investing Strategies... 8148048_3713 Please say you saw it in The Commercial Investor
Greater Toronto Area
ACTIVELY LOOKING FOR:
Commercial Real Estate & Business Opportunities
Volume 13 Issue 10
11276658_3713
42
Greater Toronto Area
Please say you saw it in The Commercial Investor
Volume 13 Issue 10
43
Commercial Real Estate & Business Opportunities
Tony Giannini Sales Representative
RE/MAX PERFORMANCE REALTY INC., BROKERAGE 1140 Burnhamthorpe Rd., Suite 141 Mississauga, ON
905-270-2000 Email: agiannini@trebnet.com 9774309_3713
Principals Only
8 BAY COIN CAR WASH & PET WASH
Principals Only Land zoned for 5 Bay coin car wash and 60’ tunnel located close to Burlington area. Existing block shell building on property. 3313_DJW_0038
Greater Toronto Area
7 years old. Located just minutes from Mississauga in a highly populated and growing city. Nothing like it for sale. Call for private viewing. Will not last. Asking $2.6 million 3313_DJW_0037
4 Bay Coin & Drive thru touchless rollover, plus detailing Bay/Business & Car Rental Business. Situated on 1.3 acres and close to very busy Walmart Power Centre. Can operate as absentee owner or hands on. Very profitable!! High return on investment!! Asking $1,699,000 Muskoka area. Call to view. 3313_DJW_1_0129 3313_DJW_1_0130 3313_DJW_1_0131 6 Bay Coin Car Wash on 1.1 acre. Vacant land can also be developed for 100 - 10’ x 10’. Public storage units. Asking $1,199,000.
Excellent Oakville Development site. 1.5 acres. Currently rented for $3000/mth. Road to be widened & directed to new hospital. Use as contractor yard or develop. Asking $1,199,000.
3313_DJW_1_0089
3313_DJW_2_0090
PRINCIPALS ONLY • 8 Bay Coin Car Wash & Rental Building. Asking $1.95 Mil • 6 Bay Coin Car Wash Tunnel & Commercial Rental income (Hamilton). Asking $1.85 Mil
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
44
Volume 13 Issue 10
Commercial Real Estate & Business Opportunities
FREE 24-HOUR RECORDED INFORMATION POWER OF SALES & FORECLOSURES
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Brokerage
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View Over 20,000 Homes For Sale Online
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FIRST TIME HOME BUYERS & REAL ESTATE INVESTORS ✓ Power of Sales, Foreclosures & Distress Properties ✓ Below Market Fixer-Uppers & Tax Sale Properties ✓ Below Market Rental Properties, Positive Cash Flow Properties ✓ Up to $25,000 CASH BACK at Closing & ZERO Down Mortgages
Including All Foreclosures & Power of Sales
w w w. G t a D i s t r e s s P r o p e r t i e s . c o m
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DOWNTOWN NEW LUXURY CONDO
BRAND NEW LUXURY CONDO
DOWNTOWN NEW LUXURY CONDO
1-800-872-3761 ID #224111
1-800-872-3761 ID #249112
1-800-872-3761 ID #224113
Sean Roland Real Estate Team
3613_DKA_1_0093
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RECEIVE UP TO $11,250 CASH BACK ON CLOSING
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RECEIVE UP TO $9,500 CASH BACK ON CLOSING
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1-800-872-3761 ID #224114
1-800-872-3761 ID #199115
1-800-872-3761 ID #189116
www.GtaDistressProperties.com
Sean Roland Real Estate Team
FREE 24 HOUR INFO
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FREE 24 HOUR INFO
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FREE 24 HOUR INFO
$
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Sean Roland Real Estate Team
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$2ZERO 0 CAS 50
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RECEIVE UP TO $12,500 CASH BACK ON CLOSING
DOWNTOWN NEW LUXURY CONDO
LUXURY DOWNTOWN NEW CONDO
DOWNTOWN NEW LUXURY CONDO
1-800-872-3761 ID #249117
1-800-872-3761 ID #299118
1-800-872-3761 ID #249119
Sean Roland Real Estate Team FREE 24 HOUR INFO
Sean Roland Real Estate Team
Sean Roland Real Estate Team
FREE 24 HOUR INFO
FREE 24 HOUR INFO
WE WILL BEAT ANY BANK RATES GUARANTEED! Interest Rates as Low as
2.99%
*
We Will Beat Any Bank Rates Guaranteed
1-800-872-3761
RECEIVE UP TO $25,000 CASH BACK ON CLOSING
✓ ZERO DOWN Mortgages ✓ 1st, 2nd, & 3rd Mortgages ✓ Bad Credit as low as 540 ✓ No Credit OK ✓ Self-Employed OK ✓ No Income Verification OK ✓ Refinance & Equity Take Out ✓ Debt Consolidations ✓ New Tax Deductible Mortgage ✓ Pay Off Your Home in 7 Years
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Commercial Real Estate & Business Opportunities
FREE 24-HOUR RECORDED INFORMATION POWER OF SALES & FORECLOSURES
1-800-872-3761
www.GtaDistressProperties.com
Brokerage
Real Estate Team
View Over 20,000 Homes For Sale Online
View Over 20,000 Homes For Sale Online
Including All Foreclosures & Power of Sales
9508017_3713
SEAN ROLAND
FIRST TIME HOME BUYERS & REAL ESTATE INVESTORS ✓ Power of Sales, Foreclosures & Distress Properties ✓ Below Market Fixer-Uppers & Tax Sale Properties ✓ Below Market Rental Properties, Positive Cash Flow Properties ✓ Up to $25,000 CASH BACK at Closing & ZERO Down Mortgages
Including All Foreclosures & Power of Sales
w w w. G t a D i s t r e s s P r o p e r t i e s . c o m (Including: Toronto, Etobicoke, North York, East York, Mississauga, Brampton, Oakville, Milton, Richmond Hill, Vaughan, Woodbridge, Thornhill, Markham, Newmarket, Scarborough, Pickering, Ajax, Whitby, & Oshawa)
FR
0
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RECEIVE UP TO $10,495 CASH BACK ON CLOSING
3 BEDROOM DETACHED BUNGALOW
FREE LIST OF DISTRESS PROPERTIES
3 BED DETACHED FAMILY HOME
1-800-872-3761 ID #2575387
1-800-872-3761 ID #199222
1-800-872-3761 ID #2577669
www.GtaDistressProperties.com
FREE 24 HOUR INFO
TH
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3 BED 3 BATH DETACHED HOME
3 PLEX OVER $3000 MONTHLY INCOME
4 BED 2 BATH FAMILY HOME
1-800-872-3761 ID #2694170
1-800-872-3761 ID #2496117
1-800-872-3761 ID #2698993
Sean Roland Real Estate Team
FREE 24 HOUR INFO
FREE 24 HOUR INFO
3613_DKA_0013
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FREE 24 HOUR INFO
3613_DKA_0012
Sean Roland Real Estate Team
$
H
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ON
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$3ZERO 5 CAS 49
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$1 RECEIVE UP TO $22,495 CASH BACK ON CLOSING
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5 BED 3 BATH DETACHED HOME
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1-800-872-3761 ID #2687581
1-800-872-3761 ID #2688802
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Sean Roland Real Estate Team FREE 24 HOUR INFO
Sean Roland Real Estate Team
Sean Roland Real Estate Team
FREE 24 HOUR INFO
FREE 24 HOUR INFO
WE WILL BEAT ANY BANK RATES GUARANTEED! Interest Rates as Low as
2.99%
*
We Will Beat Any Bank Rates Guaranteed
1-800-872-3761
RECEIVE UP TO $25,000 CASH BACK ON CLOSING
✓ ZERO DOWN Mortgages ✓ 1st, 2nd, & 3rd Mortgages ✓ Bad Credit as low as 540 ✓ No Credit OK ✓ Self-Employed OK ✓ No Income Verification OK ✓ Refinance & Equity Take Out ✓ Debt Consolidations ✓ New Tax Deductible Mortgage ✓ Pay Off Your Home in 7 Years
We Work with Over 50 Banks, Trust Companies, Credit Unions, & Private Lenders
Please say you saw it in The Commercial Investor
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A 29 OW B $1 29 O D SH A $ ZER 0 C 00 5, $1
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 10
Greater Toronto Area 8647857_3713
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Greater Toronto Area
Volume 13 Issue 10
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 10
Canadian farmland values reach record levels in 2013 as demand outpaces supply in most markets, says RE/MAX Lower commodity prices expected to have impact on farmland moving forward
W
hile Canadian farmland values posted serious year-over-year increases in most rural communities, lower commodity prices are expected to temper appreciation in coming months, according to a report released recently by RE/MAX.
The RE/MAX Market Trends Report: Farm Edition 2013, highlighting trends and developments in 17 rural communities throughout Canada, found that limited inventory levels reported in virtually all agricultural centres continued to contribute to strong upward pressure on the price per acre in 88 per cent (15/17) of markets examined. Peak commodity values and low interest rates created the ideal climate for expansion over the past 12-month period, spurring unprecedented demand for farmland. “The primary drivers in the market continue to be end-users, established farm operators expanding existing operations,” says Elton Ash, Regional Executive Vice President, RE/ MAX of Western Canada.“Be it cash-cropper or livestock farmer the economies of scale continue to support expansion. There are many buyers waiting in the wings, but momentum is hampered to some extent by a shortage of farmland listings. Investors, both institutional and individual, are still active
in Canadian agricultural centres, but their presence has subsided in recent months.” To date, percentage increases in land values range from market to market, with the greatest upswing noted in Saskatchewan and Alberta. In the East, gains were strongest in London-St. Thomas’ Middlesex West area, followed by Windsor/Essex County and Kitchener-Waterloo. Only the Annapolis Valley in Atlantic Canada and the Fraser Valley in British Columbia reported that prices held firm year-over-year. Cash cropping land continues to be most sought-after, with bare land in greatest demand (no buildings or residences). Tiled and irrigated land for specialty crops are also fetching top dollar. Premiums continue to be paid for tracts abutting or adjacent to existing farm operations. Livestock farmers are also getting into the cash-cropping business, with some in Western Canadian markets converting good pasture land to grainland. “No real fallout has been experienced as a result of diminished commodity values so far this year,” says Gurinder Sandhu, executive vice president and regional director, RE/MAX Ontario-Atlantic Canada.“Yet, some moderation is likely, given several years of back-to-back record-setting gains. Some investment funds have already scaled back on purchases, still moving ahead but at a more cautious pace. We expect the trend to continue, with prices stabilizing at current levels. Demand, on the other hand, is expected to remain healthy for the foreseeable future, given the positive long-term outlook for global agricultural markets.” The RE/MAX report also found that private and exclusive transactions still account for as much as 50 per cent of farm sales, with deals among neighbours commonplace. Some multiple offers have been reported, but most properties are moving at or close to fair market value. While demand remains exceptionally strong, there is some evidence that cooler heads are now prevailing. There has been an increasing number of properties that did not move at tender or auction, only to sell for good prices on the open market, indicative that buyers are exercising greater caution and diligence. The lack of success at tender/auction may also provide a much-needed, albeit modest, boost to farmland listings going forward. While days on market have climbed in a number of centres year-to-date, time on market should narrow heading into the traditional fall market. Many centres have reported sales on par with levels one year ago, although the Prairies have once again demonstrated greater momentum. Transactions have climbed in Southwest Manitoba, Northern Saskatchewan and East Central Saskatchewan. ContinuEd on PAgE 50
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速
Sutton GroupHeritage Realty Inc.,
Greater Toronto Area
11274591_3713
Brokerage
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Volume 13 Issue 10
Commercial Real Estate & Business Opportunities
To view the full RE/MAX Market Trends Report, Farm The competition among expanding farm operators is creating Edition 2013, go to: http://rem.ax/17RUu4M greater difficulty for young start-ups, smaller operators, and RE/MAX is one of Canada’s leading real estate organizations new immigrants, with affordability a serious issue. Programs with over 19,000 sales associates located in 750 independentlyoffered by Farm Credit Canada (FCC) are helping some make owned and operated offices nationwide. The RE/MAX network, the foray into the business. Others are realizing the dream of now in its 40th year, is a global real estate system operating in farmland ownership through the help of older farmers and/or more than 90 countries, with over 6,300 independently-owned offices and more than 89,500 member sales associates. RE/ relatives. Ultimately, the result has been fewer, but larger farms MAX associates lead the industry in professional designations, overall, a trend that holds up from coast-to-coast. Succession experience and production while providing real estate services in is also playing a significant role and limiting farmland supply. residential, commercial, referral, and asset management. For more As a result, the rental market for farmland, along with rates, information, visit: www.remax.ca. has experienced strong growth as well, with quality farmland commanding higher prices per acre per growing season. The income potential, particularly given the poor RE/MAX MARKET TRENDS, FARM EDITION 2013 return on other financial Canadian Farmland - Price Per Acre by Market investment vehicles, is Market 2010 Price 2011 Price 2012 Price 2013 Price another factor exacerbating per acre per acre per acre per acre limited inventory levels. CONTINuEd FROM PAGE 48
Annapolis Valley
Residential farmland use was also noted as a growing trend in many Canadian centres. While some purchasers represent an increasing contingent of hobby/gentleman farmers, many of these buyers never intend to farm an acre. Some are intent on recreational use, while others are simply taking advantage of price point, proximity to town, favourable tax rates, and income potential. “Burying money in the ground simply makes sense for many farmland purchasers, whether they intend to own/operate, rent the land, invest for the future, or secure farmland acreage for residential purposes,” says Ash.“The single greatest common denominator among purchasers in this segment remains confidence. The promise and potential of the land is something farmers have believed in for years. That sentiment will continue to support a positive outlook for Canadian farmland moving forward.”
Windsor/Essex County
n.a.
n.a.
$3,000 - $8,000
$3,000 - $8,000 $6,500 - $8,000
$5,000 - $6,500
$5,000 - $6,500
$5,000 - $6,500
-Leamington
$7,000 - $7,800
$7,000 - $7,800
$7,000 - $10,000
$11,000 +
-Lower Essex County
$4,800 - $5,200
$4,800 - $5,200
$5,000 - $5,500
$6,500 - $7,500
$4,000 - $12,000
$4,000 - $15,000
$4,000 - $15,000
$5,000 - $16,000
-Middlesex East
$8,000
$9,000
$10,500
$12,000
-Middlesex West
$5,000
$6,000
$7,500
$12,000
-Elgin County East
$6,000
$7,000
$8,500
$10,000
-Elgin County West
$4,500
$5,000
$6,500
$8,000
-Lambton North
$6,000
$8,000
$9,500
$11,000
-Lambton South
$4,000
$4,400
$5,900
$7,500
Chatham-Kent London-St. Thomas
Woodstock/Stratford
$8,400 - $8,600
$9,000
$15,000
$15,000 - $18,000
Kitchener-Waterloo
$9,000 - $9,500
$10,000 - $11,000
$11,000 - $15,000
$15,000 - $18,000
-Barrie/Tottenham/Innisfil
$8,000 - $10,000
$8,000 - $10,000
$8,000 - $10,000
-Holland Marsh
$15,000 - $18,000
$15,000 - $18,000
$18,000 +
$20,000
$20,000
South Simcoe
-Bradford
$20,000
$11,000 $20,000 + $25,000 +
Bruce County
$3,000 - $5,000
$4,500 - $7,000
$5,000 - $8,000
$5,000 - $9,000
Grey County
$2,500 - $3,000
$3,000 - $4,000
$3,000 - $6,000
$3,500 - $6,500
Eastern Ontario -Renfrew/Cobden
n.a
n.a.
n.a.
-Ottawa/West Carleton
n.a
n.a.
n.a.
$3,000 - $5,000 $4,000 - $5,000
-North Gower/Winchester
n.a
n.a.
n.a.
$8,000 - $12,000
-St. Isidore/Casselman/Maxville
n.a
n.a.
n.a.
$8,000 - $12,000
Southwest Manitoba
n.a.
n.a.
Northern Saskatchewan
n.a.
East Central Saskatchewan
$1,200 - $1,500
$1,350 - $1,600
$650 - $1,200
$800 - $1,500
$1,500 - $2,000
n.a.
$700 - $1650
$800 - $2,000
$850 - $2,500
Central Alberta
n.a.
$1,600 - $3,800
$2,000 - $4,500
Southern Alberta
n.a.
n.a.
Peace River North
n.a.
$1,150
$1,250
$1,300 - $1,350
Fraser Valley
n.a.
$40,000 - $60,000
$40,000 - $60,000
$40,000 - $60,000
Please say you saw it in The Commercial Investor
$800 - $6,500
$3,400 - $6,500 $800 - $8,500
Volume 13 Issue 10
51
Commercial Real Estate & Business Opportunities
CHRIS SEEPE BROKER OF RECORD 416.525.1558
Aztech Realty, Brokerage 6 Riviera Drive, Concord, Ontario, L4K 2J1
3313_DJW_0075
3313_DJW_0074
3313_DJW_0073
3313_DJW_0072
Email: cseepe@aztechrealty.com
11278064_3713
FOR SALE/LEASE $2,500,000 Net: $18.00/sq ft. Bldg: 8116 sq ft. • Vacant new car dealership. • 28 parking spaces. • Corner lot. • Signalized intersection. • 105 ft frontage. • 2 built-out offices. • Drive-thru possible. • 3 washrooms. Kitchen. • Showroom for 6-8 cars. • 5 service bays (4 hoists • Many permitted uses. not included). • Close to Hwy 401 and GO Train. FOR SALE/LEASE $439,995 Net: $25.00/sq ft. Lot: 1.3 acres • 1.3 acre vacant lot. • Tenant can build to suit • Estimate 12,000 sq ft (with tenant allowance building possible. from LL). • 122’ frontage on Bath Rd • 80+ parking. (main thoroughfare). • Existing transformer. • Many uses including • Transit buses stop in front. retail with drive-thru, and • Phase 2 Env. - Feb. 2012. automotive. FOR SALE $1,200,000 Bldg: 21,000 sq ft • SUPERB UPSIDE • NO heritage designation. potential. • LLBO license tranferable. • 3 floors, about 7,000 sf/ • High traffic count. floor. • Pylon signage. • Lot about 0.87 acre. • 20+ year iconic restaurant. • Ample parking. • Price includes land, • Transit bus stops in front. building, chattels, fixtures, • Many permitted uses. business. FOR SALE $1,750,000 • GREAT UPSIDE potential. • Lot 166 acres. • 2,717 sq ft banquet hall (many extras). • 2,368 sf 4-br house with sep. 2 storey 2-br apt. • 5,500 ft frontage. • In-ground pool & spring fed pond. Please say you saw it in The Commercial Investor
• Landscaped gardens. • Many corporate event amenities. • Price includes buildings, land, chattels, fixtures & long-established business.
Greater Toronto Area
Dir:
52
Volume 13 Issue 10
Commercial Real Estate & Business Opportunities
Givalas Real Estate 8973548_3713
Brokerage
Nick Givalas Broker of Record
Ltd.
(905) 479-4436
email: ngivalas@trebnet.com
3713_DJW_2_0075
3713_DJW_2_0032
INVESTMENT PROPERTY FOR SALE INVESTMENT PROPERTY FOR SALE
Freestanding building. Approx. 4,000 sq ft on about 1 acre of land in prime downtown Ajax. Room for expansion. Restaurant tenant pays $6,400. Per month net rent. Good investment opportunity! Serious inquiries only.
Greater Toronto Area
3713_DJW_1_0031
DEVELOPMENT SITE FOR SALE
Free standing building approx. 2800 sqft. Leased to a restaurant in Fenelon Falls. Main street location. Approx. 15 minutes North of Lindsay, Ontario. Rare opportunity to buy a carefree single tenant investment like this one. $36,000 net rental income. Good investment opportunity for someone to buy and collect rent. Low realty taxes $5200/pyear. On sewar & town water.
$499,900
INVESTMENT PROPERTIES WANTED! We are currently looking for investment properties from $2,000,000 to $20,000,000. Within one hour of the GTA, from retail strip plazas, multi-residential units and highrise apartment buildings.
Vacant Commercial Land for sale on the main street in Fenelon Falls. Just under once acre, zoning permits many uses. Ideal site in town for someone to build a strip plaza. Or other New development. This property can be purchased with ajoining property for an even larger development for a total of 1.37 acres of land.
$419,900
Our family has been in the real estate business since 1955 and have a large client base for these type of properties. Call to discuss the potential sale of your property now or in the near future.
COMMERCIAL SPACE FOR LEASE 245 King Street West Oshawa (corner of Park Rd) Rear of plaza. 1800 sq ft unit. Rent negotiable. Teddy’s Park Plaza. Ideal for Repair & Service Business.
21 Harwood Ave S., Ajax Corner unit in plaza. Ample parking. 2200 sq ft. Asking $17.00 per sq ft. net.
160 Main St., Unionville Building. 28 car parking. Good opportunity.
110 Ritchie Ave Ajax. Westney and 401. 760 sq ft. store in plaza. $16 per sq ft net.
Mississauga Prime Location Highway 10 & QEW. 2090 Hurontario Street 2nd floor 3027 sq. ft. office space $15 per ft net
SE Corner of Gerrard St E & Logan, Toronto Corner store 1000 sq ft + basement $2500. p/mnth net rent.
1608 Dundas St. E., Whitby N.E. intersection of Thickson & Dundas. Freestanding Building for Lease. 6000 sq ft Plus 2000 sq ft patio. Prime Restaurant Space. Landlord holds liquor license.
LEASED
959 Pape Avenue, Toronto Store 960 square feet plus basement. Rent $2185 per month plus utilities. 2525 St. Clair Ave W. at Runnymede in Toronto 700 sq ft beside Tim Hortons in plaza
Please say you saw it in The Commercial Investor
Contact Nick Givalas
53
Commercial Real Estate & Business Opportunities
Greater Toronto Area
11237352_3713
Volume 13 Issue 10
Please say you saw it in The Commercial Investor
54
Volume 13 Issue 10
Commercial Real Estate & Business Opportunities
*** Note 4% Selling Commission Please Advertise & SELL***
Holdingz Inc. 905-835-3450 1-866-332-3362
Broker Of Record
RD
3713_DJW_0124
315 SILVERTHORN CR, WELLAND - $369,900. This Is The Place To Be. Almost 1Km Of Highway 140 Frontage Comes With This 3.29 (+-) Acre Site, Must Be Sold With MLS# N30023226.. Current Zoning Is RA But This Land Has Been Designated Gateway - Light Industrial, Which Allows Many Highway Commercial Uses, There Are Some NPCA Restrictions, Seller Has Extensive File On This Valuable Key Piece Of The Niagara Peninsula. This Is The Only Viable Route For The 406 Extension. This Was One Of Two Chosen Locations For The New South Niagara Hospital.
.
PTL 16 SILVERTHORN CR, WELLAND - $6,969,690 This Is The Place To Be. Almost 1Km Of Highway 140 Frontage Comes With This 62(+-) Acre Site, Must Be Sold With MLS#N30023223. Current Zoning Is RA But This Land Has Been Designated Gateway - Light Industrial, Which Allows Many High way Commercial Uses, There Are Some NPCA Restrictions, Seller Has Extensive File On This Valuable Key Piece Of The Niagara Peninsula. This Is The Only Viable Route For The 406 Extension. This Was One Of Two Chosen Locations For The New South Niagara Hospital.
3713_DJW_0122
297 KING ST, WELLAND - $369,696 Prime development lot in S. Welland near Lincoln Ave., Hospital; Formerly C-3 commercial; Now R (most C-3 uses permitted); Located at S/W corner King & Albert; Property is flat & at grade level; Proposed hi-rise residential abuts property; Ideal for convenience - car wash, laundromat operation, vet clinic, retails store & offices.
3713_DJW_0123
283 NETHERBY RD, WELLAND - $469,960 3.02 Acre Lot Located on High Traffic Highway With Frontage On Three Roads. Intersection Is Getting A Turning Circle As Per Picture Attached With Regard To The Regional Municipality Of Niagara Plans To Twin Netherby Rd East To The QEW At Black Creek. Auto Recycling And Salvage Yards Are Legally Allowed With This Zoning. This Property Must Be Sold With MLS#N30023985.
NETHERBY RD, WELLAND - $9,169,900 Attention International Investors. 92 {+-} Acres I2 Heavy Industrial Vacant Land To Be Sold With 649 Rusholme & 671 Rusholme For A Total Landmass Of 92 { +-} + 2 {+-} + 6 {+-} Totalling 100 { +-} AcresThis Unique One Of A Kind Property In The Heart Of the Niagara Region Features Almost 1 Kilometre Of Canal Frontage On The New Welland Canal, Its Own Road { Netherby } , And Its Own Rail Line Spur Making Shipping & Other Intermodal Transportation Easily Accessible. It Is Zoned I 2 Heavy Industrial, It Is Within The Urban Boundary, And Has All Municipal Services Available. It Should Be Of Particular Interest To Manufacturers & Shippers Of Solar And Wind Turbine Technology Due To The International Access The Canal Affords This Amazing Property. Complete With A Clean Phase 1 & Phase 2 Environmental Assessment Reports And Digital Survey Is Also Available. 3713_DJW_0130
671 RUSHOLME RD, WELLAND - $669,900 5.9 Acres; Heavy Industrical Land. Services on Street. Auto Recycling and Salvage yards are legally allowed with this zoning. This property must be sold with MLS #N30023099 & MLS #N30023198.
195 #20 HY, FONTHILL - $469,969 1.16 acre lot on North/west corner of Hwy #20 and Rice Rd. Land zoned Commercial to be purchased with 1690 Rice Rd seller has an extensive file on these two locations and will work with buyer to satisfy their needs regarding building permits etc. There are some conservation authority concerns which will have to be addressed and seller will work with buyer during due diligence period. Excellent potential on a very highly visable great exposure corner with big things happening in the area, please see plan, town of Pelham Plan for Southwest corner of Rice and Hwy #20.
SILVERTHORNE CR.
3713_DJW_0129
W
BY
SILVERTHORNE CR.
649 RUSHOLME RD, WELLAND - $369,900 Looking To Start A Business, There Are Many Uses This I2 Zoning Allows. 1-2 BR, 2 Bath Bungalow On The Outskirts Of Welland. LRG 1.98 Acre Lot. Vinyl Flring In Updated Kit. Updated 100AMP Service, Updated Plumbing And Newer Windows . Ceramics In BSMT. Possibilities are Endless. Auto Recycling And Salvage Yards Are Legally Allowed With This Zoning. This Property Must Be Sold With MLS#N30023099 & MLS#N30023206 3713_DJW_0128
ER
3713_DJW_0131
Greater Toronto Area
H
3713_DJW_0132
0
TH
14
NE
Y
3713_DJW_0127
711 REAKER ROAD WELLAND - $769,690 This Amazing 7.63 Acre Property Has Been Designated As Gateway And Has Many Bonuses Attached To Said Designation It is Currently Zoned I2 Heavy Industrial Which Allows Many Many Uses. Corner Property, Highway 140 / Townline / Netherby Rd. This Corner Is Getting A Turnaround In The Immediate Future At 140 & Netherby Road, Please See Photo Plan Attached, To Allow For The Expansion Of Netherby Road To 4 Lanes To The QEW, Former Pelino Mataya Molnar / Welland Auto Marine. Great Shop Allowing Multiple Industrial Uses. Fenced Compound Area, 3 Bay Doors, Upstairs Office, Main Office Plus Waiting Room. 2 Washrooms, Radiant Gas Heating, Updated Hydro Service With Security Alarm System. Auto Recycling And Salvage Yards Are Legally Allowed With This Zoning.”MLS # N30023229” Is A 3.2 Acre Piece Of Land With Frontage On 3 Roads, HWY 140, Netherby Rd And Reaker Rd And Is Located Directly South Of This Property And Can Be Purchased Together Or Separately.
KING ST, PORT COLBORNE $ 2,696,900 Virtual Lake front on the Lake/Canal in the Historic Sugarloaf District of Port Colborne. Approved for 48 condo units at 14 storeys, this sure to be award winning design will “sell out” with the discriminating buyer. Whether a senior who wants to down size not down grade to the young professional who appreciates the maintenance free Condo Lifestyle. Roof top amenities are designed to be enjoyed by the entire building; the single best view of Lake Erie and the entire Peninsula. Top two floors are 2 storey Penthouses. The Signature building can not be replicated as this is an Exclusive one of a kind location. Seller will consider an Outright Sale, A Joint Venture or may decide to Market and Build. Builder terms may be available to the right Builder/Developer. The Canal Days Trail runs directly along and in front of thhis jewel. Built it! “They Are Already Here!”
peterjbrenner@sympatico.ca
3713_DJW_0125
3713_DJW_0134
3713_DJW_0121
linkrealtyniagara@hotmail.com
HWY 140
Brokerage 905-348-9000
Evermore
TONY HABJAN
HWY 140
Link Realty Inc.
1690 RICE RD, FONTHILL - $369,969 1.28 acres wooded lot in Fonthill with ravine & stream, backing onto trail, build your dream home & watch colours change in the fall, deer in the winter & wildflowers in the summer land zoned for residential development to be purchased with 195 Hwy #20 seller has an extensive file on these two locations and will work with buyer to satisfy their needs regarding building permits etc. There are some conservation authority concerns which will have to be addressed and seller wil work with buyer during due diligence period. Excellent potential on a very highly visable great exposure corner with big things happening in the area, please see plan, town of Pelham Plan for Southwest corner of Rice and Hwy #20.
Please say you saw it in The Commercial Investor
359 KING ST, WELLAND - $999,896 Prime development lot in S. Welland near Lincoln Ave., Hospital; Formerly C-3 commercial; Now RZ (most C-3 uses permitted); Property is flat & at grade level; Proposed hi-rise residential abuts property; Seller has conditioned approval for 108 unit condominium unit at 13 storeys.
Volume 13 Issue 10
Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
central ontario COverINg: Barrie • Collingwood • Muskoka • North Bay • Kawartha Lakes Midland • Meaford • Paisley • Parry Sound • Orillia Owen Sound • Sudbury • Walkerton For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
55
moneysense
putting your home
towork by Elisa Krovblit
continued on page 58
57
1-866-557-1110 705-647-1110
temiskaming realty ltd., brokerage New Liskeard, Northern ontario
3713_DJW_0050
3713_DJW_1_0012 3713_DJW_1_0054
HOME BASED BUSINESS 3+1 bedroom home just off Hyw #11 in New Liskeard with 50’ x 20’ attached office, carport & double garage on a 1 acre lot with plenty of parking. Also great for a large family. $239,000. MLS 131802. .
3713_DJW_1_0051
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.
3713_DJW_0049
MONTREAL RIVER 168+ acres with over 900’ Waterfront at the edge of Elk Lake with road through the property, and hydro & phone near by. Excellent property to develop or build that dream home surrounded by great boating, hunting, fishing. Asking $179,900. MLS 122045.
GAS STATION BUSINESS Three locations including 2 gas stations with C-Store, Coffee Shops, etc. One with car wash, bait shop, & owner’s apartment. 3rd location for propane exchange distribution centre. Over 7.6 M in sales per year. Haileybury. MLS 130792. $3,250,000.
3713_DJW_2_0025
ENGLEHART Large store downtown with 5700’ sq’ solid block building. Many updates including heating & A/C system. Currently rented. Great investment or potential. Building & land only. MLS 130696
3713_DJW_2_0023
E IC PR 900 W 9, NE $24
FREE BUILDING With the purchase of this Earlton lot for only $54,900. 3600 sq’ plus garden centre sq’ downtown corner lot with lots of potential. MLS 102746
3713_DJW_1_0053
3713_DJW_1_0411
WATERFRONT LOTS Long Lake, 25 miles of excellent boating, fishing & hunting. Approx. 3 acres each with road access. Financing available with low down payment or rent to ownt. Unorganized Township near Charlton. $59,900 each. MLS 112047.
PRIME LOCATION Retail service, fuel, & more at the main corner in town overlooking the Beautiful Montreal River. Lots of potential to use this property for a variety of uses. Busy Mining, Forestry, & Tourist Area. Elk Lake. $199,900 MLS 120066
LONG LAKE Nearly a Mile of waterfront with 141 acres make this a great place to develop or build on. Unorganized Township, close to town with hydro & phone at the year round road. Miles of boating with excellent hunting, fishing. Asking $349,900. MLS 111637.
bill-byers@coldwellbanker.ca
GENERAL STORE Excellent turn key business & home. Rural opportunity on Hwy 65 W in Kenabeek, Gas station, C-Store, Lotto, LCBO, Bait, Bottle Return, Post Office, Garage & sheds & a large 5 bedroom apartment. Lots of parking on this 1.47 acre property. Asking $295,000. MLS 130417.
3713_DJW_0051
RESTAURANT Newly set up as a small eat in Restaurant with take out. Busy street in Elk Lake near large Saw Mill. Double lot & garage. Currently closed. Asking $139,900. MLS 131773.
Bill Byers, Sales representative 3713_DJW_1_0400
3713_DJW_0048
www.temiskamingrealty.com
9857729_3713
Commercial Real Estate & Business Opportunities
FARR ISLAND Rare opportunity to own your own private island on beautiful Lake Temiskaming. The head water to the Ottawa River, with hundreds of kilometers of boating & fishing. Approx. 6 acres well treed just South of Haileybury with public boat launch & Marina. Asking only $96,000. MLS 121605.
Please say you saw it in The Commercial Investor
Central Ontario
Volume 13 Issue 10
58 moneysense
Commercial Real Estate & Business Opportunities
Volume 13 Issue 10
S
coNTINued froM PAGe 56
cott McGillivray is a landlord and host of HGTV’s hit show, Income Property. He transforms properties with rental potential and makes real estate work for him. Now, his show helps homeowners draw income from their equity by designing and creating a rental unit within their home.
McGillivray knows what he’s talking about, with 18 of his own rental properties and over 100 tenants. Just because a house was built for a single family, doesn’t mean it can’t accommodate more. Real estate is at a premium and low-rise rentals are sparse. Urban vacancy rates are low, making it hard to find great rental properties. Waiting lists and landlords being offered more than asking price are sure signs that good rental accommodations are in short supply. This is the sound of opportunity knocking. McGillivray’s answer to the shortage is a profitable one: take part of your existing property and convert it into a second suite – a self-contained rental unit – and let the rent money pay your mortgage for you. Whether it falls under the moniker of in-law suite, basement apartment or studio, it’s a great way to take an unused – or under-used – portion of your home and create a steady income. And you don’t have to stop at one extra unit either. Create two rental units, turn your home into a duplex – even a triplex. There’s plenty of potential for creating income from your home if you look closely. Not all homes can be turned into income properties, says McGillivray. “Some homes just don’t lend themselves. Low basement ceilings, not enough square footage, a staircase in the middle of the house,” all of these variables, he explains, can make it difficult to put in a second suite. When looking at prospective properties, McGillivray has a checklist of 300 to 400 items. If you’re looking to buy a home with the intention of putting in a second suite, make sure it can be converted. Of course, with an unlimited budget anything is possible, but you have to decide on a budget that makes the investment worth your while. “Two years is the benchmark I set.” McGillivray explains that this formula has a high rate of success. Spend $24,000, charge $1,000 per month and you make your $24,000 back in two years. Waiting on a longer return and planning out a longer investment can be worth it, it’s just not ideal for this savvy landlord. There are considerations beyond the space, amenities and finishes – like whether you can offer parking, whether you have enough water pressure and whether you’ll be able to get permits to do the renovations you need to do. A rental unit is a good way to add equity to your home, he explains, because any improvements to your home add value. You can always take back the space for your own use and not have tenants, but if you do rent, the income is like a raise. “An income property is like a triple-income household – husband, wife and home, all doing their job to bring money in.” And just like any business, your expenses are business expenses. You’ll need an accountant to make the most of your income. Expenses ranging from buying paint to mortgage interest are now business expenses and can save you a lot of money at tax time. There are other rebates and credits to utilize too. Though the potential for a substantial return on investment is very attractive, there are other things to consider before becoming a landlord. Renting is a business. You’re responsible for your property, your tenants’ comfort and safety. There
Please say you saw it in The Commercial Investor
“AN INcoMe ProPerTy IS lIke A TrIPle-INcoMe HouSeHold – HuSbANd, wIfe ANd HoMe, All doING THeIr job To brING MoNey IN.”
are expenses involved, duties to be performed and taxes to be paid. You’ve got to know what you’re getting into and become well-versed in the rules and responsibilities. McGillivray says, “It’s easier to be a good landlord than it is to be a bad landlord. ”These are words to live by. He explains that if you give your tenants all the bells and whistles and make them comfortable, they won’t want to leave and they’ll make sure to pay their rent on time to avoid any hassles. Lazy landlords who do a bad job and don’t think about their tenants are going to have a higher vacancy rate and more turnover, likely not being able to demand as much in rent. Going through the process on the show, one thing McGillivray finds is that landlords-to-be often approach these renovations on an emotional level, wanting to make these rental units places that they’d personally enjoy, while McGillivray’s concern is strictly financial. If you want a rental unit, make it easy to rent. Make sure to maintain quality that will endure. Finish it properly, make the space usable and make sure it hits the points on renter wish lists.
Volume 13 Issue 10
Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
eastern ontario COverINg: Lindsay • Peterborough • Port Hope • Bowmanville • Cobourg • Trenton • Belleville • Kingston • Northeastern Ontario For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
59
60
Commercial Real Estate & Business Opportunities
Volume 13 Issue 10
8177055_3713
11257383_3713
ProAlliance Realty Brokerage
BRUCE COOKE BBA, CCIM, SIOR Commercial Sales Representative
Independently Owned & Operated
Office: 613-966-6060
E-mail: bruce@cookeproperties.com
$325,000 TRENTON 6,000 SF COMMERCIAL BLDG
MAtthEw COOKE B.COMM MEAghAn COOKE BA, Sales Representative
Sales Representative
Office: 613-966-6060 Direct: 613-243-5146
Office: 613-966-6060 Direct: 613-243-3949
matthew@cookeproperties.com
16 APARTMENTS $1,050,000 10% CAP
meaghancooke@hotmail.com
$409,000 7305 SF COMMERCIAL BLDG WITH 6 ACRES
Eastern Ontario Located 20 minutes from London, 13 x 2 bdrms, 2 bach, 1 Currently occupied by owner. This was a 5 unit plaza loFormer Public School converted to office space, surplus x 4 bdrm, fully leased. 12 of the units were just renovated, cated in the Industrial Park. Existing Equipment rental and land for development. Building has many updates. Located gross income $144 K. Call Bruce sales business also for sale @ $149,000. in Belleville. 3713_DJW_1_0080 3713_DJW_0136 3713_DJW_5_0082
$249,000 27,721 SF INDUSTRIAL BLDG
7200 SF COMMERCIAL BUILDING - POWER OF SALE - $229,900 CRABBY JOE’S FRANCHISE FOR SALE - $399,000
1.943 Acre waterfront lot in Tweed. 600 Amp power with Zoned highway Commercial with a multitude of uses. Gross sales of $1.4 million. 6000 SF licensed for 250. Belleville, Ontario. 3 drive in doors and 1 loading dock. Fully occupied with 3 Brighton, Ontario. 3713_DJW_3_0083 3713_DJW_0137 3713_DJW_0138 tenants on month to month leases.
Please say you saw it in The Commercial Investor
Volume 13 Issue 10
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Commercial Real Estate & Business Opportunities
William G. Bird Broker, CCIM CD Cell: 613-243-2767 Office: 613-969-9907
$719,000
OFFICE BUILDING LOCATED IN CENTRE OF BUSINESS DISTRICT
Long time established Convenience Store in Belleville. Located across Street from New Belleville Court House. High Traffic and Pedestrian foot Traffic. Stock to be sold under Bulk Sales Act. For greater details and handouts call Bill Bird 1-613-243-2767
17 parking spaces available. Building in excellent condition. Suitable for a variety of offices etc. Call Bill Bird 1-613-243-2767.
$3119,000
3713_DJW_4_0081
LARGE LOT AT 75 CHURCH ST.
$225,000
* Each office Independently Owned & Operated
204 ROBERT ST. NAPANEE
Recently reroofed with a 20 year warranty. Large drive-in Bay plus offices. Building is in good condition with newer furnace. Industrial Building in the Heart of Belleville’s waterfront development. Call Bill Bird for details 1-613-243-2767.
Long term existing scrap yard for Sale off of 401 Hwy. Zoning is currently in place. Large 5 acre lot included in price. Call Bill Bird for Details at 1-613-243-2767.
$899,000
3713_DJW_2_0083
STEP INTO A INSTANT CASH FLOW
$719,000
16 Units on Large lot 8400 sq ft. Main floor 6188 sq ft. Total sq ft of building 14,588. Each unit has roll up garage. Site excellent for independent tradesmen. For details call Bill Bird 1-613-243-2767.
$579,900
3713_DJW_1_0085
CONVENIENCE STORE
3713_DJW_3_0084
INDUSTRIAL PLAZA TRENTON ONT
Convenience Store in busy plaza. High profile with good traffic flow. Stock is extra. Call Bill Bird for more details at 1-613-243-2767.
$49,900
3713_DJW_4_0082
3713_DJW_2_0086
BELLEVILLE’S TOP SPOT FOR ENTERTAINMENT
Includes store, business, 3 apts owned over 20 years. One of the highest producing convenience stores in Belleville. The potential for growth in income is unlimited as it is located in an area of explosive growth. 3 apartments plus store give this a great cash flow.
Step into an instant cash flow from this popular bar. Outstanding location near the new Ontario Court House. Ample parking & situated on the Moria River gives this the special touch. Bar food is available but could be up-scaled to fine dining. Located in a promosing area of greater income potential and future growth.
3713_DJW_0139
3713_DJW_0140
In Eastern Ontario for Commercial Real Estate Call Bill Bird for Sales & Leasing.
Please say you saw it in The Commercial Investor
10002624_3713
Eastern Ontario
STORE - 3 APARTMENTS - BUSINESS
Quinte Ltd., Brokerage*
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 10
JUST LISTED –17 BED DOM HOME OTTAWA AREA $999,000 11.5% CAP RATE*– CITY FUNDED
13 BED HOME CARE FACILITY EASTERN - JUST LISTED 10 DOM 3 HSC BEDS $699,000 20% CAP RATE-50% R.O.I!
START A NEW LIFE!! SAVE $60,000 P.A.!! KINGSTON - GOVERNMENT FUNDED HSC’S* $349,900
This well located Dom Home is nearly always full. Most residents have private rooms. Net, net operating income $114,000, when fully staffed 24 hours. Net operating income could be much higher for the on site owner. Income could be tax exempt. Funding from City of Ottawa - long term arrangement.
Great business opportunity. This Home Care Facility in pristine condition comes with a lovely owner residence on site. Ministry of Health and the City of Cornwall pay the owner directly for the residents. On site owner operators can net $120,000 per year TAX EXEMPT. Because of minimal living expenses the on site owner operator could save $100,000 + per year.
This Kingston home has 5 HSC beds with a gross of $90,000 p.a. This income is tax exempt and covers all the living expenses for the on site owner/operator. Home for Special Care (HSC) Minsitry of Health funded. Live in owner could save up to $60,000 per year. Possibility of extending operation. On site live in owner could save up to $60,000 per year tax exempt.
3713_DJW_4_0075
3713_DJW_5_0088
3713_DJW_1_0089
MICHAEL SHMUKLER, BROKER Sutton Group Select Realty Inc. Brokerage
michael@michaelshmukler.com www.MichaelShmukler.com - click on I.C.I properties
11253451_3713
519-433-4331 519-318-1622
businesssavvy
A
Protect your name and brand equity s a business owner, you have taken steps to protect your business from security threats like theft. Have you also
Eastern Ontario
taken steps to protect your business name? Your business name, the name of your products or
services, and even your domain name are all tied to your brand equity. That value can be compromised if you underestimate the risk of not protecting it. The Canada Business Network offers helpful information on protecting your brand. Your brand value is a direct result of how memorable, easily recognizable and superior in quality and reliability your products or services are to others in the marketplace. Brand equity is important when you want to expand your product line. Customers will remember your name and associate new items with existing, successful ones.
There is a flip side to brand equity, however. If another business has a similar name, it can create confusion or incorrect assumptions among your customers. What if the other business has a poor track record? You don’t want to be tarred with that same brush and have it negatively affect your bottom line. In some cases, another business might try to take advantage of the goodwill or value associated with your brand name, and uses it for their own gain. Consider a trademark to protect your brand. Don’t forget about your online presence. Make sure that any domain names and hosting accounts you have are secure by using passwords and other safeguards. Even if you don’t have a website for your business, you may want to register and keep your own domain name (“yourbusinessname.ca”) or names that are similar, so that no one else can use them. Minimize the risks your business faces, and protect both your name and reputation by staying on top of things. More information on protecting your business is available at www.canadabusiness.gc.ca or by calling 1-888-576-4444 (TTY 1-800-457-8466).
Please say you saw it in The Commercial Investor
NC
Volume 13 Issue 10
63
Commercial Real Estate & Business Opportunities
8305397_3713
“Your Commercial Connection in Eastern Ontario” www.cbcommercial.ca Jamie Troke, CCIM Broker of Record jtroke@reach.net
613-969-9901
INVESTMENT PROPERTY MINI LOCK-UP, APTS & RESTAURANT ASKING PRICE $925,000
6 PLEX
RESTAURANT
Includes leased Restaurant, 2nd floor has 6 newly renovated residential apartments PLUS 79 self-storage units! Call Jamie Troke, Broker. MLS #2133917 3713_DJW_1_0110 www.112southtrent.com
Excellent Investment opportunity. Fully occupied 6 Plex in desirable location. 4-2 bedroom and 2-1 bedroom units. Coin washer and dryer. Call Bill McGuire, Sales Rep
National franchise opportunity, 6000 S/F 250 seat turnkey business in busy plaza. Gross sales $1.5 million. Asking $425,000 (leased space) www.northfront.ca
3713_DJW_0070
3713_DJW_1_0094
POWER OF SALE
FAMILY RESTAURANT
8500 sq. ft. commercial building on corner lot. New roof in 2011. Great location for Medical Clinic, Retail Store, Auto Repair, Professional Office Building. $259,000.
Great opportunity to own your real estate and busy 125 seat restaurant with catering potential. Owner will consider partnering. www.blackdogstirling.com
City water. One minute to HWY #401. Cell Tower leased for $1,000 per/month. Great location for commercial or development. 6.3 acres. $425,000.
3713_DJW_1_0108
3713_DJW_4_0095
3713_DJW_1_0140
POWER OF SALE
ASKING $495,000
PRIME LOCATION
GREAT INVESTMENT OPPORTUNITY
On the Trent River in Frankford with 50 plus parking spaces and 3 bay attached garage, suitable for retail or office space. $525,000. Contact Bill Mcguire, Sales Rep.
3610 sq. ft. commercial plaza in high traffic area. Tenants pay own heat, hydro, water and sewer. Contact Gerry Gill, Sales Rep. www.7metcalfe.ca
3713_DJW_2_0112
3713_DJW_1_0113
POWER OF SALE
POWER OF SALE D CE 00 DU9,0 E R 29 $
Located off Palmer Road in Belleville - site potential for 39 lot townhouse subdivision. Services available at lot line. Visit www.sandcherrycourt.com. Contact Jamie Troke or Gerry Gill. 3713_DJW_3_0111
FAMILY RESTAURANT
GROCERY STORE - BUTCHER SHOP
96 seat country style restaurant located on picturesque 1.25 acre lot with year round creek. $424,900. Call Bill McGuire, Sales Rep.
High tourist area, 4,000 S/F full service long established Grocery Store with Lotto and Butcher Shop (owner will help train). Includes all land, building and equipment. www. sprenkels.ca. Contact Adam Burr, Sales Rep. 3713_DJW_1_0096
Eastern Ontario
D CE 00 U 0 , D RE 325 $
2 acres. R6 zoned excellent site for 69 unit apartment building. www.240yeoman.com 3713_DJW_2_0106
3713_DJW_3_0106
REDUCED $1.8 MILLION
BANCROFT
Excellent investment opportunity. 32,500 s/f office building located in Belleville’s downtown core. CAP rate 9.5%! www.15victoria.com
21,000 s/f school and 2.16 acres of prime downtown core property. Visit www.bancroftps.com for more info.
COMMERCIAL VACANT LAND
ASKING $349,000 3713_DJW_3_0075
ASKING $628,000
3713_DJW_5_0097
Please say you saw it in The Commercial Investor
25 acres of Highway Commercial property with 4,000 ft of frontage on Highway #7. 1 km east of Hwy 62 one of the busiest intersections in Eastern Ontario. Existing development includes Tim Hortons and McDonalds Restaurant.
3713_DJW_0071
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 10
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
niagara COverINg: Niagara Falls • Niagara-on-the-Lake • St. Catharines • Thorold • Welland • Fort Erie • Beamsville • Fonthill • Port Colborne For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 13 Issue 10
65
Commercial Real Estate & Business Opportunities
LarryYour“BILKO” Bilkszto Local Sales Representative Since 1989
Garden City Realty Inc. Brokerage Independently owned and operated
Email - bilko@rgcmail.com Web - www.bilko.ca
(905) 641-1110 • (905) 563-3330 Toll Free (866) 575-9400 8494906_3713 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES “BILKO”
Award winning vineyard! A turnkey operation with contracts in place. 19.47 acres with 18 acres planted to 5 different varieties, all tile drained. 34 ft x 25 ft block 2 storey barn. Solid, spotless, 3 bedroom brick bungalow. Attached double car garage. $1,199,800
6 Acres of residential development land in Jordan Station. Surrounded by the greenbelt, vineyards & orchards. All city services at the road! Only mins to the QEW & all amenities. $4,000,000
Custom built brick 4 plex.3 Bdrm units w/4pc baths, each with own bsmt, attic, furnace & C/A! 2 entrances per unit. Tenants pay electric & gas. Potentially grossing over $35,000/yr. 4 fridges, 4 stoves, one great building! $379,800
Downtown Beamsville - General commercial zoning. Owner retiring from his private Doctor's practice. Over 2000 sqft w/4 exam rms all w/sinks, 2 2pc bathrms, reception area, waiting rm, lunch rm & main office. Upstairs has 2 more rms w/hdwd flrs. Full open high & dry bsmnt 30.6x60.6' in size. $299,800
Developers, investors, contractors, here's a project for you! Approved plan of subdivision in 2005 for 9 single family res building lots & 24 unit 3 storey building with 52 parking spaces. Surrounded by city services. Last development on the block in West end St. Catharines near the new hospital & all amenities. $795,000
Attn. Horse Lovers!! 7 Acre farm. 160x70' Indoor arena, 90x50' 21 stall barn w/hay mow, 50x30' shop, 4 paddocks, 160x70' outdoor sand ring. Fully finished 5 bdrm bungalow w/bsmnt walkout & inlaw apt., 3-4pc baths, 2nd kitch, CA, CV, 200 amps, 180' drilled well. $489,800
SPECIALIZING IN FARMS, AGRICULTURE, GREENHOUSES, ETC.. IN THE NIAGARA REGION!
Greg Howe Sales Representative
www.EliteRealtyNiagara.com gamhowe@sympatico.ca
905-935-6838
6150 Valley Way, Niagara Falls ON L2E 1Y3 Independently Owned & Operated
905-346-2000
Niagara Brokerage
11246794_3713
Motel/Lodge consisting of 12 refurbished rooms with a main house Managers suite with living quarters, all surrounded by an abundance of flowers and greenery. Great return on Investment. Ideal for family run business. Minutes walk to Falls & Casino’s. I also have 9 more Motels/Hotels in the Heart of Tourist District with up to 52 rooms and $3.4 Million. All exclusive to me. 3713_DJW_1_0026
57 UNIT ApARTmENT bUILDING in niagara Fals, good condition only $87,000. Per unit RESTAURANT, 135 SEATING, Patio , and ParKing lot, WitH 4 - 2 BedrooM aPartMents located across FroM cliFton Hill in niagara Falls
515, 517, 519, 521, 525, 529 KING ST WELLAND, REDUCED $599,000 • EXCLUSIVE LISTING
Consists of 7 apartments, 3 commercial store fronts and 1 restaurant. Located next to arena and across from Hospital. Parking for over 50 cars. Many possibilities. Commercial units can be converted to apartments and ideal for nurses living quarters.
3713_DJW_1_0028
CAN’T SELL yoUR pRopERTy IN NIAGARA, I hAVE INVESToRS who wILL bUy ALmoST ANyThING IF yoU bUy oNE oF ThEIR pRopERTIES oF ThE SAmE VALUE.
Please say you saw it in The Commercial Investor
Niagara Peninsula
5345 SLATER AVE & 5302 STAMFORD ST NIAGARA FALLS $699,000 • EXCLUSIVE LISTING
66 inthenews
Commercial Real Estate & Business Opportunities
Volume 13 Issue 10
Canada named a “Top 5” country for entrepreneurship: EY survey Levels of new business activity and start-ups well above the G20 average
S
coring consistently high on nearly all categories of the entrepreneurial
environment, Canada ranks among the top five countries in the EY G20 Entrepreneurship Barometer 2013, released recently.
“Canada has emerged as a real leader in fostering an entrepreneurial culture,” says Colleen McMorrow, EY Partner and Leader, Canadian Entrepreneur Of The Year Program.“There’s an emphasis on research and innovation in this country, and we value the role of entrepreneurs in job creation. Canada also offers a supportive tax and regulatory environment for entrepreneurs. All these factors are combining to really promote the growth of entrepreneurs and entrepreneurship from coast to coast.” Despite Canada’s favourable entrepreneurial ecosystem, the EY G20 Entrepreneurship Barometer 2013 finds nearly three in four (73 per cent) Canadian entrepreneurs still struggle to access funding.
“That may be strong relative to much of the G20, but the picture is very mixed,” explains McMorrow.“The ratio of private equity activity to GDP in Canada is now higher than in any other G20 nation, except Australia. So private equity and venture capital are improving, but bank financing remains a challenge.” However, the lending environment is improving - and more quickly in Canada than elsewhere in the G20. “While there’s no denying access to funding remains a barrier to growth, 45 per cent of entrepreneurs in Canada say it has improved, compared to only 35 per cent across the G20 as a whole,” says Charles-Antoine St-Jean, EY Partner and Leader, Government & Public Sector Services.“Canada’s government has been highly supportive of entrepreneurs, providing regulatory and tax regimes that have enabled start-ups and growing companies to flourish.” The Barometer showed a similar push-pull around education. While Canada scores high for public spending on education and the teaching of entrepreneurial skills in schools and universities, this country is below average on informal education. “Interestingly, entrepreneurs in this country are still critical of the country’s incubators, whether public or private-sector led, and the lack of mentors available. They also have trouble accessing informal networks and mentoring services,” says St-Jean.
Please say you saw it in The Commercial Investor
Volume 13 Issue 10
67
Wilf Wallace
Garden City Realty Inc
ww@royallepage.ca
The owners of this profitable “destination motel” are ready to retire, creating a rare opportunity for someone wishing to invest in the lucrative hospitality business. “The Inn at Lock 7” in Thorold, Ontario feels more like a “B and B” than a motel, and more than 50% of its guests are repeat customers. Every one of its 24 rooms overlooks Lock 7 of the Welland Canal, and shipwatchers visit year after year to watch ships climb the mountain! Conveniently close to the many exciting tourist venues of the Niagara Region, this business will undoubtedly continue to thrive for many more years. Asking $899,000. For more information, visit the website at www.innatlock7.com, then call Wilf Wallace, Broker at 905-9451234. Royal LePage Niagara Real Estate Services, Brokerage. 3713_DJW_0085
905-641-1110 cell: 289-241-6954
Broker
tripodi@sympatico.ca
*INDUSTRIAL*COMMERCIAL*INVESTMENT*
11257740_3713
THRIVING MOTEL
Brokerage Independently Owned & Operated
Tony Tripodi
Broker
Office: 905-945-1234
8181576_3713
Commercial Real Estate & Business Opportunities
DUNNVILLE TRIPLEX $159,900
Investors - look at this deal! This 3 unit brick house near downtown Dunnville has two units currently rented and one vacant - a buyer has the option of buying and moving in, or buying and renting out the 3rd unit. Separate gas and hydro meters, so tenants pay their own utilities. When fully rented, net income would be over $11,000. For an appointment to view, call Wilf Wallace, Broker at 905-945-1234. Royal Lepage Niagara Real Estate Services, Brokerage. 3713_DJW_0086
FOR SALE - ST. CATHARINES Business, including land building, chattels and equipment. Built 15 years ago and operated as “Antipasta di Roma” Brick building approx. 20,000 sq ft on large paved lot. Specializing in Italian cusine, fresh meats, large variety of cheese, both imported and domestic. Restaurant, with eat in or take out facilities, and daily fresh menu. Banquet hall. LLBO licensed for 175 seats. Approx. 1400 sq ft leased @ $22,000 per year + utilities. Store yearly gross sales over $6,000,000. Will train new owner if required. 3713_DJW_0094
inthenews
About the EY Entrepreneurship Barometer The EY G20 Entrepreneurship Barometer 2013 introduces a model for scoring countries across the five pillars of entrepreneurship. The purpose of this model is to help identify areas of relative strength by country and where opportunities for improvement lie. The model is composed of qualitative information (from our survey of more than 1,500 entrepreneurs) and quantitative data based upon entrepreneurial conditions across the G20 economies. For more information, visit ey.com/G20Canada, and join the debate on Twitter #G20ey. About EY’s Entrepreneurial Services
goals and needs at every stage of the business lifecycle. We are the world’s leader in advising, guiding and recognizing the entrepreneurs who propel the economy — and community — forward. For more information, please visit ey.com/ca/Entrepreneurs. EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. The company develops outstanding leaders who team to deliver on promises to all of our stakeholders. In so doing, they play a critical role in building a better working world for our people, for our clients and for our communities. For more information, please visit ey.com/ca. Follow us on Twitter @EYCanada. EY refers to the global organization and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
EY’s Entrepreneurial Services practice guides Canadian entrepreneurs by delivering integrated services tailored to their
Please say you saw it in The Commercial Investor
Niagara Peninsula
Despite those challenges, entrepreneurs in Canada operate in an environment that is highly supportive of their activities. McMorrow and St-Jean agree: “Entrepreneurs play a vital role in any healthy and vibrant economy. They create jobs and drive growth, and today, their contribution is more important than ever. But they need to be given the tools and environment that will enable them to succeed. The power of three: governments, entrepreneurs and corporations need to work together to foster sustainable growth.”
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The “Street Smart Real Estate Appraiser” How much is it worth? Should I purchase this investment property? Is this a good deal? These are the questions that everyone asks when they are about to purchase a property. As a professional real estate appraiser - I wanted to have all the answers for these questions! Is this possible..... not likely, however my “Type A “personality ....ahhh, I mean, ego demanded this direction. Since, the world wide economic meltdown down in the last few years, appraisers have been struggling with values of real estate. Were we to blame? The simple answer is, YES. But let’s move off this topic for another article. Basically, commercial real estate appraisal forms a small sector of the economy. The Canadian industry is served by the Appraisal Institute of Canada (AIC), which is comprised of approximately 4,800 members. These are the professionals that routinely offer property valuation opinions. The education requirements and mentoring period to become a commercial appraiser is similar to the legal profession. However, these individuals that regularly analyze investment properties – are not always the best evaluators of a property. What I have found in the 20 plus years in the real estate industry is there is always someone or group that understands a property better than I do! Who are these other real estate pros? What do they think? What do they see? Why should I find them? What’s important to them? Why do they buy? In my opinion some of these people include: the Property Owners, Property Managers, Developers, Brokers, Builders, Bankers, Accountants, Lawyers, Business Operators, Engineers, Architects and Consultants ....etc. These people offer an invaluable contribution to the valuation of a property because they are industry specific professionals. Depending on the property being appraised, it’s best to talk to these people, understand what they think, know and see, and ultimately get their “trade secrets”. The mission - become a “STREET SMART APPRAISER”!! One of the very first valuation tricks I learnt was “BUY and SELL WHAT YOU KNOW”! This was taught to me from one of my first mentors, Jim Kaufman Sr., founder of Kenmore Homes, one of Niagara’s largest builder and land developers. Fundamentally, I think this means - stay in your asset class, buy and sell what you normally would and the values will become clear. If you step outside what you know, you could potentially over pay!! Home builders that have built in a certain area know lot values - if they don’t, they will see it in their profit margins. Buying land? Ask a builder / developer what he thinks it’s worth! Look for my next article to reveal valuation tricks of Reiner Hummel, President of Hummel Properties. Niagara Peninsula
Please email me your “Street Smart Real Estate Valuation” advice to - todd.crawford@dtzbarnicke.com and I may publish it in my next article. Todd Crawford is a Certified Appraiser, Broker, Consultant, Investor, Property Manager and Business Partner with DTZ Barnicke a world wide real estate firm.
8646421_3713
Please say you saw it in The Commercial Investor
Volume 13 Issue 10
69 10937103_3713
Commercial Real Estate & Business Opportunities
Jack Huitema
Broker of Record
Phone: 905-774-7624 Fax: 905-774-5960
220 Broad Street East, Dunnville, ON N1A 1G2 Each Office Is Independently Owned & Operated
3713_DJW_0107
OPERATING GREENHOUSE IN NIAGARA
3713_DJW_0108
3713_DJW_0110
3713_DJW_0109
Growing seedless cucumber. On site residence + large ponds for water. 4 separate growing areas. New water treatment & nutrient recovery system. Packing lines in 24,000 sq. ft. warehouse. 250 kw generator. 2-300 H.P. boilers. 3 phase power. This greenhouse showing excellent results. Call for more info.
www.coldwellbanker.com Please say you saw it in The Commercial Investor
Niagara Peninsula
29.7 Acre property with 290,000 sq. ft. of glass & poly greenhouses.
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 10
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
business investor The perfect place to list all of your business opportunities For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 or Email: doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com
Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________
Please say you saw it in The Commercial Investor
Volume 13 Issue 10
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Commercial Real Estate & Business Opportunities
Mortgages
PRIVATE LENDING IS NOT JUST FOR RICH PEOPLE... IT WILL MAKE YOU RICH! For many years, we have been assisting people to make their money really work for them in mortgage lending. Most of the big, RICH, private lenders out there started out as just average people, that took the leap into mortgage lending regardless of what friends and family thoughts were. Many are stricken with fear of losing their money when contemplating this investment vehicle. Before dismissing this investment direction, consider the following points. Private lending can be very financially rewarding. Private lending is certainly not like putting funds into a guaranteed account with a guaranteed rate and a modest return. Yes, there is a bit more involved. The mortgage brokerage you work with is key. The typical brokerage will have a range of mortgage offerings that will include offerings that cater to individuals that are in a dire position. They may be losing their property and/or their mortgage is in arrears, their credit is challenged and they need to consolidate. The banks will not lend under such circumstances as the risk is too high. These are the type of deals I would not lend on, but are the basis of the high yielding returns. Lending criteria has changed so drastically in the past few years. Banks have really tightened up their lending rules, specifically when it comes to income properties. This is when a private lender can come into play and really leverage on this opportunity to make anywhere from 8-20% annual return. These clients generally have clean credit, good income and other assets. This would make for a safer investment. Lending your Self Directed RRSPs: You can utilize your RRSPs in this type of investment. Most folks are seeing very slim returns in their plans, unless you are in the industry of watching markets, you typically will not experience anything positive. The Self Directed route is really not too difficult in terms of process. The broker should handle the entre process from providing you the lender with the complete details of the investment so you can make an informed decision. – Check List: Credit bureau, credit application, appraisal or an evaluation, income and a scenario of why these borrowers are seeking funds. Note: Not all RRSP plan holders will allow for you to self direct your funds into mortgages. Please confirm with your plan holder as to their protocol on mortgage lending. I am aware of plans that do so and have worked with them for several years, some are much less work and make it easier and less costly for you the lender. You can also make equity in your home really work for you as the current rates are insanely low, borrow at a variable rate of 2.102.50% and lend at 9-20%, great profit. This is a great venue for people that are sitting on equity. For example, for a senior that has reduced income, this can bring you additional funds monthly and give you the peace of mind you are looking for. Scenario – Borrow a mortgage for 100K your monthly payment @ 2.25% interest and a 25 year amortization would be $436. Lend 100k at 14% interest at an interest only monthly payment of $1,167. Your profit is a super $731 per month. In addition, you are paying down your mortgage with this borrower’s interest payments. As a bonus, you are also paying down principal of $3,018 in the first year (this will increase over time). So, you can service your debt, pay-down your principal loan and earn extra income to build a retirement nest egg. Not bad. At the end of the typical one year term the funds come back and you can re-invest again. Ok, so that is the positive side of this investment vehicle. What about the risks? What if a borrower does not pay their mortgage? The private lender is typically in second position. It is imperative for you to confirm that the first mortgage is up to date so you can control the sale process. Don’t let this scare you. If you have a good loan to value on the property you will be in a good position to charge back costs plus any associated fees to the sale. The key in managing your risk is to do your proper due diligence on the property and get a realistic valuation from a reputable Appraiser or valuator. There is a lot of detail in this, but with proper counsel, the returns are worth this potential risk. Being a private lender has made people very wealthy. Do not let fear cripple your vision of having a great return. Contact carmen@profunds.ca for complete details and start to make your funds work for you – build your wealth. A member of
CarmenCampagnaro
Carmen@profunds.ca
www.Profunds.ca • invest@profunds.ca
1.888.330.3866
3390 South Service Rd., First Floor, Burlington, ON L7N 3J5 | 905.842.7011 x22 | Fax 905.842.7241 9649286_3713
Please say you saw it in The Commercial Investor
Business Investor
President Pro Funds Mortgages lic# M08002562
72
Volume 13 Issue 10
Commercial Real Estate & Business Opportunities
DOORS SALES AND INSTALLATION The Company sells and installs overhead doors, installing doors for new construction condominium and high-rise rental apartments and distributing equipment and parts. Operating over 30 years - revenues are in the $5.5 M range and earnings in the $400 K range.
located 4 hours east of Toronto. Company is a wholesale distribu-tor of building materials to independent dealers and purchasing groups. in business over 60 years with its own fleet of trucks the business generates revenues over $14 million and earnings over $950,000.
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.
Business Investor
The Company, located in Southern Ontario has been operating over 30 years specializing in general painting, lead abatement, bridge painting and water tower restoration among other services to various industrial sectors. Company generates revenues in the $5 million range and earnings in the $1 million range.
Company has been operating for 30 years and its software is used by banks, insurance companies, government, and larger invidiual pension plan sponsors to administrator defined benefit and contribution pension plans. revenues $2.5 MM range earnings $900 K range.
SO
INjECTION mOLD COmPANY
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.
SO
mETAL RECYCLING
INDUSTRIAL DE-SCALING AND PROTECTIVE COATING CONTRACTOR
JaniTOrial and building MainTenanCe buSineSS in The gTa reVenueS $3 TO $5 MilliOn QualiFied buYerS OrganiZed FOr aCQuiSiTiOn
r De un ffer O
BUILDING SUPPLIES DISTRIBUTOR
r De un ffer O
NEW OPPORTUNITY PROVIDER OF PBS AND TPA SERVICES
WANTED
LD
ELECTRIC CONTRACTOR
Company provides electrical power and transmission systems in the gTa to construction and industrial clients. 12 FT employees generate revenues in the $2.8 million range with earnings in the $400K range..
LD
mANUFACTURER OF DISPLAY PRODUCTS
LIFT TRUCKS AND HANDLING EQUIPmENT
The Company produces both instore display programs for Consumer Packaged goods companies along with custom product lines for Quick Service restaurant companies. located in the gTa the revenues area in the $5 million range and earnings in the $500K range.
The company sells, rents and services handling and racking equipment serving the farm and construction industry. located one hour west of gTa with over 500 accounts, Company generates revenues over $4 million and earnings in the $450K range.
HOmE CAREGIVER
BOWLING CENTER
non-medical, in-home care company providing a wide range of services, meal preparation, housekeeping, errand services, grocery shopping, companshionship, transportation services, personal care, laundry, respite care, recreational activities, 24-hour care, live-in care, and palliative care. revenues are $1.2 Million and earnings are in the $225,000 range.
Well established center operating over 45 years and located 2 hours east of gTa. employs 2 ft. & 20 pt. newly upgraded with revenues in the $500K range and discretionary earnings in the $100K range.
“Selling Your Business is our Business� 416-780-0009 or 1-866-490-9991 Please say you saw it in The Commercial Investor
8157086_3713
21G
COM
11274707_3713
11278768_3713
gas stations Shell Gas Station, busy highway location in Shanty Bay situated on 4.89 Acres lot. Convenience, Lick’s Express Hamburgers With Drive-Thru. All New Tanks Replaced In 2012. Asking Only
2.99M
1.69M
Asking Only
$4.5M
retail unit
office space
Excellent Location-Dixie/Steeles & Advance Corridor App 4900 Sq Ft, 2 Washrooms, 2 Dock Level Doors, Mezzanine Around 800 Sq ft With 1 Office In There. Close To 407, 410 & 401.
Retail Unit Around 1136 Sq Ft Outside Vaughan Mills With Anchor Tenants Like Tim Hortons, Popeyes, 2001 Audio Video In The Plaza.
Professional Finished Office Space For Lease With 12 Offices Including A Washroom, Kitchenette – Ideal For A Professional Small To Mid Size Organization Like Accountant, Mortgage Brokers, Lawyers, Insurance Etc. Close To Airport, Good Parking.
$12
Asking Only
$479,999
Asking Only
$3,625
canada post/convenience sports bar/restaurant franchise
medical/office investment
Yonge/Eglinton very busy location running for almost 20 years. Canada Post Service Rebate $2300/month, Canada Post Sales 350K+ (Gross Income 70-80K), Plus Convenience Sales.
2 Storey 3200 sq ft office/retail space perfect for user/investor with main floor vacant around 401/Wilson area. Fully renovated building with steel roof and approved for solar energy equipment. North America’s First Fully Digital Hospital Coming In The Neighborhood.
Asking Only
$209,000
Canadian Franchise With History of 45 years and 350+ Locations Nation Wide, In Prime Area Of Mississauga – Revenue $2.2M. Waiting For The Right Entrepreneur. Asking Only
1.2M
Asking Only
$959,000
50 acres land
2.75 acres prime land
10 acres land
Invest Now For Future Or Use It As Recreational Property, Multi Zoned (Residential And Agricultural) Land At A Throw-Away Price. 50 Acres Land In the Growing Community Of Chatsworth. Not Too Far From Shelburne.
Prime Location In Caledon Border Of Brampton And Caledon, Lots Of Development Coming In The Vicinity. Act Soon, Before It Is Gone!!
Great location in Pickering on Brock Road, approximate 5 kms from the proposed International Airport RECENTLY APPROVED with rental income also, Property Taxes Only $1153
Asking Only
COM
Asking Only
Esso Gas Station in east end of GTA with 5M+ volume, automatic/coin car wash (6 bays), convenience store, U-Haul, Detailing bay and much more
industrial unit
Gross Lease
22G
Esso On The Run In Barrie On Hwy 11 situated On 1.2 Acre lot. Currently Closed Since Nov 2012. Prior Sales 2.5M. Lots Of Potential – App 4000 Sq Ft Retail Food Space Possibility.
$179,000
Asking Only
2.0M
Asking Only
$1.75M
11276415_3713
23G COM
9741130_3713