Oct. 11 - Nov. 8, 2014 Volume 14 Issue 10
INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! FOR SALE OR LEASE - 152 AVENUE ROAD, TORONTO
17-PLEX - FERGUS, ONTARIO - $1.4 MILLION
Spacious sun-filled main floor with floating mezzanine accessed by stunning central staircase. Retrofitted in 2007 into studio/executive office space. Private office area on 3rd level with expansion potential. Building design is suitable for multiple commercial uses. An ideal owner/user opportunity. Offered for sale at $ 5,900,000.00 or For Lease $27.00 psf net per annum
17-Suite, 2 ½ storey, white brick apartment building with Mansard roof. 7 - One-Bedroom Suites and 10 - Two-Bedroom Suites, featuring controlled entry, balconies, gas baseboard hot-water heating. Building being offered for the first time by Owners. Asking $1.4 Million Exclusive Listing. For marketing brochure, call:
3314_DJW_0082
WATERFRONT COMPOUND - OPEN HOUSE SUN. OCT. 19TH 1-3
TENANT/USER/INVESTOR OPPORTUNITY!
2 Acre Lakefront Property with over 200 feet of Shoreline. 2000 sq ft Ranch 4 Winterized Cottages Garage/Shop Perfect Year Round Family Resort...Space for Everyone! Or Lakefront Living with the Bonus of Extra Income. 442 New Lakeshore Rd., Port Dover $999,900. MLS # S1500160
Great Milton location fronting on Hwy #25 just north of 401 Interchange. 46,000 sq.ft. Class “A” Milton Office Building. 2,000 to 18,000 sq.ft. available for lease. Asking $18.50/sq.ft. Potential for a user to purchase this building, occupy the 18,000 sq.ft., and have the other tenants help carry the building. Long-term quality tenants in place. 2.77 extra acres for future development.
Gail Simmons, Broker of Record Coldwell Banker Coastline Realty Brokerage Office: 877-983-2333 - Cell: 519-420-8370 gail@coastlinerealty.ca - www.coastlinerealty.ca
FREE SUBSCRIPTION!
Mark Mikitchook and Peter Stasiuk, Sales Representatives Coldwell Banker Integrity Real Estate Inc., Brokerage Telephone: 289-291-5070
Get The Commercial Investor delivered directly to your door! See inside for details
FC_4114 (COM)
Kevin P. Gillen K.P. Gillen & Co. Realty Ltd., Brokerage Telephone: (416) 964-9460 Email: kevin@kpgillen.com
Winston Davies, Broker of Record, WinCorp Realty Inc., Real Estate Brokerage, 45 Keats Crescent, Guelph, Ontario N1G 3B1 Tel: 519-836-2080 – Fax: 519-836-2081 Email: wjmdavies@rogers.com
C O M M E RC I A L O P P O RT U N I T I E S FOR LEASE
NEW LISTING - FOR LEASE
Office and Retail space available to lease on Kenilworth N, across from Centre Mall Canadian Tire store and Gas Bar. Solid 2 storey building currently being refreshed with a new facade, to give it a modern and vibrant look to attract your customers. Offices available on 1st, 2nd and basement levels starting at $10 per sq. ft. with sizes between 340 sq. ft. to 2860 sq. ft. Two large retail units available on the main level, with excellent street exposure for $12 per sq. ft. sized at 2680 sq. ft. and 1860 sq. ft. Call Nic and Nick for more details. 4114_DJW_0033
Stand-alone building for lease in Smithville. Situated on 'The Village Square' property in downtown Smithville, this Tim Hortons building is available for lease when they relocate. 2500 sqft. building with drive thru, along with 30 parking spaces, great exposure to the main shopping district in town, directly on Hwy 20, on a corner lot. Restaurant fixtures may be available for new user. Asking $13.00 per sqft. plus TMI. 4114_DJW_0034 For further details please call Nick and Nic.
HomeLife Macro Realty Inc., Brokerage
HOMELIFE MACRO
Higher Standards Agents... Higher Results!™
Independently Owned & Operated
2G
COM
FOR LEASE
Over 3000 sqft. of retail/office space in prime location in Beamsville at main signalized intersection along the wine route with easy access to QEW corridor. 4114_DJW_1_0039
$16 PER SQ FT PLUS $4 TMI/CAM
"FOR LEASE"
FOR SALE
Units for lease in brand new 3 storey building in Binbrook. Main floor and lower level, up to 15,000 sqft. available and can be divisible down to 800 sqft. Plenty of parking and high visibility on a major road, near school and shopping on a hard corner. Open your business here or relocate for better exposure. 4114_DJW_2_0028
"ATTENTION INVESTORS AND/OR END USERS! Prime corner investment property with existing multi unit 3000 sqft. commercial plaza (divisible). Adjacent to busy gas bar and c-store. Situated at the corner of Tuxedo and Main Street. Many possibilities! Call Listing Agent for Details! 4114_DJW_2_0029
$15 PER SQ FT PLUS $9 TMI/CAM
$689,000 in Hamilton
COMMERCIAL RETAIL/OFFICE CONDOMINIUM OPPORTUNITY
NEW LISTING FOR LEASE
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. 4114_DJW_2_0044
AVAILABLE FOR SALE AND LEASE
Nicholas Kazan, Broker
|
Commercial plaza to be built in Beamsville at the QEW interchange. High traffic area, with great exposure. The property’s long term anchor tenants are Esso, Tim Hortons, and Wendy’s. Stand-alone units and units within the plaza available along with a drive thru venue. Please call us for further details. 4114_DJW_0035
Nicolas von Bredow, Broker
905.574.3038 11268720_4114
1.888.751.2229 www.HLCommercial.ca
SOUTHWESTERN ONTARIO INVESTMENT TEAM
SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities 944 Leathorne Street
27,644 sq. ft. Retail Plaza
London, ON
• • • •
35,365 sq. ft. on 3.55 acres Centrally located in quasi industrial area Single tenant investment opportunity Net Income: $132,618.75
Tim Schnurr* 519 286 2018 tim.schnurr@cbre.com
London, ON
Jack Cox** 519 286 2007 jack.cox@cbre.com
Martin Cote* 519 340 2317 martin.cote@cbre.com
Industrial Land Opportunity
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
Martin Cote* 519 340 2317 martin.cote@cbre.com
Office Property For Sale Leamington, ON
• • • •
21.98 acres in South Perth Services available from the Town of St. Mary’s Agricultural Taxes: $294.44 (2013) Asking $879,000
Mel De Oliveira** 519 340 2311 mel.deoliveira@cbre.com
Free Standing Industrial Building London, ON
0.9 acres Potential for 175 units, D.C. exempt Central to multiple Light Rail Transit stops Asking $2,995,000
1160 Brydges Street
South Perth, ON
Kitchener, ON
Downtown Kitchener multi-res development site Development charge exempt Preliminary concept indicates 80+ Units Asking $1,800,000
Kitchener, ON
• • • •
162 Victoria Street S. & 92 Park Street
• • • •
Downtown Kitchener Multi-Res Site
• 2.38 acre site at signalized intersection • Located in southwest London on prime artery • Asking $6,250,000 Barry Poley* 519 286 2015 barry.poley@cbre.com
11276500_4114
London, ON
• • • •
19,205 sq. ft.; 11,211 sq. ft. occupied by Fed Ex Lease in place until 2018 Net Income: $129,776 Reduced Price: $995,000
Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com
Retail-Office-Residential Investment London, ON
• 5 storey, 62,511 sq. ft. medical/office building • Located in Uptown Leamington • Asking $2,100,000
• Approximately 5,875 sq. ft. total • 0.8 acres • Asking $440,000
• 15,915 sq. ft. on 0.45 acres • Located in west London on prime artery • Asking $2,300,000
Brook Handysides* 519 946 3030 brook.handysides@cbre.com
David Yanoshita* 519 286 2020 david.yanoshita@cbre.com
Jack Cox** 519 286 2007 jack.cox@cbre.com
London 150 Dufferin Avenue, Suite 602 N6A 5N6 T 519 673 6444 F 519 673 6948
Waterloo Region 101 Frederick Street, Suite 810 N2H 6R2 T 519 744 4900 F 519 571 9315
Windsor 3200 Deziel Drive, Suite 110 N8W 5K8 T 519 252 4095 F 519 252 7554
* Sales Representative ** Broker
Barry Poley* 519 286 2015 barry.poley@cbre.com
www.cbre.ca
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services canadamapping@cbre.com; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
3G
COM
www.dtzlondon.com
(519) 438 5588
INVESTMENT PROPERTY
St. Thomas, ON • 5 Neighbouring income producing properties (Commercial/Residential) • Net Income $111,657 (2013) • 10 Cap Valuation – almost fully leased • Potential for Vendor Take Back Mortgage
$ 1,100,000
NEW PRICE $ 995,000
David Jongerden * ext. 242
Philip N. Cassis ** ext. 231
FOR SALE
London, ON
388-390 Richmond Street • 13,000 sf – Total building • 4,370 sf – Main Floor • 4,370 sf – 2nd Floor • 2,000 sf – 3rd Floor • 3,000 sf – 4th Floor
232 Dundas Street • 5,000 sf – over 3 levels • 3,000 sf – Main Floor • 1,000 sf – 2nd Floor • 1,000 sf – 3rd Floor • 600 sf – Basement
$799,000
$449,000
RETAIL PLAZA
$ 12,900,000
Tyler Desjardine ext. 232
Brent Rudell *** ext. 232
INVESTMENT OPPORTUNITY Woodstock, ON
INCOME INVESTMENT
• Net Income $120,500 • 7.8% CAP + Mgmt Fee $11,000 • 11,000 sf on 0.59 acres • Building approx. 93% Leased
NEW PRICE $1,550,000
Brent Rudell ext. 236
GREAT NEIGHOURHOOD
London, ON
OFFICE | RETAIL
Jessica Huysmans * ext. 225
$269,900
London, ON
David Jongerden * ext 242
4G
St. Thomas, ON
• 7 & 10 year leases • $343,000 Annual Net Income + Management Fees • AAA Tenants • Contact Listing Agents for further details
Philip N. Cassis ** ext 231
FOR SALE
London, ON • 11,200 square feet • Includes 1,750 sq.ft. mezzanine offices • Zoned LI1 & LI7 • Crane Rail – 1-5ton, 13ton • 5 grade loading doors
Gary Pollock ** ext. 222
$ 475,000
FOR SALE or LEASE
Sarnia, ON
• 2,000 sq.ft. over two floors of trendy office • Prime downtown location among established businesses • Zoned DA2 & D350
• • • • •
$2,800 per mth Net
CONTACT LISTING AGENT FOR DETAILS
Kenn Poore ** ext. 244
Sales Representative * | Broker ** | Broker of Record ***
COM
Tom Rudell * ext. 233
$4,300,000
Beautiful, sprawling 4 level splitlevel home in great family neighbourhood! Large, bright eatin kitchen and recently replaced A/C, furnace, roof and gutter guards. Enjoy the large private, landscaped backyard oasis with beautiful mature trees, fence, and large covered deck with two natural gas outlets.
Jameson Lake * ext. 240
London, ON • 29,620 sf retail plaza • 100% LEASED and always leased • Net income est. of approx. $784,073 (2014) inclusive of management fees
Lease Rate $3.00 psf Net Sale Price $1,250,000 118,000 sf Heavy Industrial With rail siding
11266917_4114
COMMERCIAL OPPORTUNITIES
LONDON t cen Re ades gr Up
23 . R.O 4% .I
• Asking $2,875,000 • Asking $79,861 per Suite • Many Recent Upgrades Including Roof, Parking, Common Area Hallways, Unit Renovations • Professionally Managed Property • Located in North End of London, Close to University of Western Ontario
T as reat Cle ar
ll We ined a int Ma
• Asking $5,800,000 • Asking $71,605 per Suite • Historic School House Converted to Apartments in the 1990’s • Professionally Managed Property • Thermal Windows • Building Experiences Very Little Vacancy • Ample Surface Parking
• 6 x Bachelor 43 x One Bedrooms 29 x Two Bedrooms 3 x Three Bedrooms • Well Maintained and Landscaped Property • 6.0% CAP Rate • 19.9% R.O.I. • Treat Financing as Clear
36 SuiteS
81 SuiteS
CLARINGTON
TORONTO
!
EE
S ST
U
AM
• 19 x One Bedrooms 17 x Two Bedrooms • Individually metered Tenants Pay Own Hydro • Outdoor Surface Parking • Upside Potential on Rents • 6.0% CAP Rate • 23.4% R.O.I. • Treat Financing as Clear
PELHAM (NIAGARA)
• Asking $1,595,000 • Looking for a Live-In & Rental Property? This is it! • Gorgeous century mansion on 4 acres with 7 legal apartment units • Large barn on property in good condition. Lots of storage space. • Beautifully landscaped property with rock waterfalls, walkways, in-ground pool, and lots of trees and shrubs.
De Futu re ve Po lopm ten e tia nt l
• 7 x 1 Bedroom 1 x 5 Bedroom House • Property frontage is very private with cedar hedges • Several large development proposals close to property • Property lies within the urban boundary Buyer to do their own Due Diligence. • Treat as Clear
7+1 SuiteS
Sh or Fu t Rid tur e e L to RT
ON DE ! SI TS P U EN R
• Asking $1,099,000 • Asking $122,111 per Suite • Mutual driveway & rear parking in good condition • Terrazzo hallways & stairs • Sufficient parking & double car garage at rear of building • Legal non-conforming 9-plex • There exists an under ground oil storage tank on the property which is obsolete
• 1 x Bachelors 5 x One Bedrooms 3 x Two Bedrooms • Excellent upside in rents on turnover • Flat roof; thermal windows; building shows well. • Treat Financing as Clear • Superintendent duties performed by owner
9 SuiteS
TORONTO
2S Pro ever pe ed rtie s
ina ad r! Sp Bloo &
• Asking: $2,400,000 $1,950,000 • High demand Annex area immediately next door to Subway Station & close to Bloor Street West • First property is a 19 unit licensed, upper scale rental accommodation • Second property is a more conventional investment property with 3 apartments + 3 rooms with shared common areas on top floor
• 22 x Bachelors • 1 x One Bedroom • 2 x Two Bedrooms • Seller prefers to sell both properties as a package. (Speak to L/A. Seller may consider sale of individual property) • Call Listing Brokerage office for income & expenses • Treat As Clear • Properties are listed as Heritage buildings
2 Central toronto BuildingS
OSHAWA ble ira on! s De cati Lo
Bu ild Ch ing ara wit cte h r!
• Asking $875,000 • 1 x Bachelor (Hydro included) • Asking $97,222 per Suite • Subject property is located • 8 x One Bedrooms • Additional upgrades approximately 3KM from the new University of Ontario include unit renovations, roof, Institute of Technology windows & appliances • Potential upside on rents • 5.4% CAP Rate • High efficiency boiler • 20.7% R.O.I. installed 2008 • Treat Financing as • New Hot Water Tank Clear installed Summer 2013 • Vendor may consider • Tenant pay their own Hydro a VTB
9 SuiteS 8172756_4114
5G
COM
INVESTMENT & DEVELOPMENT OPPORTUNITIES Southwestern Ontario Grocery-Anchored Plaza Cambridge, ON • Tenants Include: FreshCo., Dollarama, Starbucks, others • Bid Due Date: October 24th, 2014 • Principals only Urban Mixed Use Conversion Guelph, ON
• • • •
:: Joe Benninger* CCIM :: Martin Cote* Sales Associate Associate Vice President 519 340 2323 519 340 2317 joe.benninger@cbre.com martin.cote@cbre.com
• • • •
Marquee corner in downtown Guelph Fully leased ground floor Elevator, modern HVAC/electrical Asking $3,300,000
Retail Development Land Simcoe, ON
10.5 acres Shopping Centre Commercial zoning Located on major traffic artery (Hwy 3) $3,300,000 ($314,525/acre)
• • • •
• • • •
Queensland Plaza Stratford, ON
48,028 sq. ft. leasable space, 8 units 175 parking spaces on 3.93 acre lot Neighbourhood Commercial zoning Asking $3,600,000 ($74.95/sq. ft.)
Estate Lot Development Site Inverhaugh, ON
37.11 Acres Approximately 47 half-acre lots Central to Waterloo and Guelph Asking $3,700,000 ($99,703/acre)
Retail Development Site Waterloo, ON
• 9 Acres • Adjacent to St. Jacobs Farmers’ Market, outlet mall, Wal-Mart, Courtyard Marriott & Holiday Inn • Asking $3,285,000 ($425,000/acre)
Residential Development Land Ayr, ON
• 69.45 Acres • Bedroom community to Kitchener, Cambridge and Brantford • Asking $8,750,000 ($125,990/acre) 11277220_4114
CBRE Limited, Brokerage | 101 Frederick St., Suite 810| Kitchener, ON N2H 6R2 www.cbre.ca | *Sales Representative
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved.
KH
KATHY HICKEY B RO K E R
Toll Free: 1-866-539-3300
www.KathyHickey.ca 6G
COM
Approx 12 acres of Commercial Zoned Land with just over 327 feet of frontage on Highway #2. Land offers multiple uses-camping establishment, recreational and other public uses for recreational purpose. Land is situated on very heavily travelled area in Port Hope.Within 3 km to 401. Natural gas available. 1 acre spring fed pond on property.
Call for more details. 11290974_4114
4114_DJW_0046
4114_DJW_0045
$299,900
FIRST REALTY LTD., BROKERAGE
Independently Owned & Operated
Office: 905-668-3800
v
4114_DJW_1_0053
4114_DJW_0051
• Building still under warranty 4 and 6 bedrooms • Five minutes from • Potential for further Conestoga Collage development at rear of property • 18 stacked townhouses in six buildings ranging from 3, • Call Chris McFarlane
• Commercial Plaza on 4.3 acres across from Conestoga College • 5 acres of C-6 zoned land with Highway exposure • Call Duncan McLean
• 30 Unit condominium building with 1 level of underground parking. • Call Ryan Briggs
• 3 buildings totalling 11 residential units • Downtown Kitchener location • Close to public transit
& future LRT stop • Ample parking including 8 garages • 6.34% CAP Rate. MLS • Call Chris McFarlane
• Public transit close by • Site Plan for 48 units (1, 2 & 3 bed) • Call Chris McFarlane
• Charming Century Home situated on 2.73 acres of land • 5 minutes South of the Town of Fergus and 10 Minutes from Guelph.
• Includes a 1 Bedroom accessory apartment, 3,000sf detached workshop, all individually metered. • MLS. Call Ryan Briggs
4114_DJW_1_0159
4114_DJW_1_0160
• Close to uptown amenities & public transportation. • Call Duncan McLean
LEASED FREDERICK MALL, KITCHENER
• Triplex with ample parking for 8 cars in the rear. • Updated furnace and wiring, in suite laundry in two units • Upstairs 2 bedroom rented
for $900 • Two bachelor units rent for $750 • All rents are inclusive. MLS • Call Ryan Briggs
55 DELHI
$12.95 P.S.F.
4114_DJW_0053
4114_DJW_2_0104
• Retail units and Pad Site available • Mall undergoing extensive renovations • On Bus Route and Highway 7/85
• Great nieghbourhood mall with 23,603 AADT (2012) • Join Valumart, CIBC, Dollarama and many more • Call Duncan McLean
KITCHENER, ONTARIO
519.578.0337
3.83 acre Hobby Farm located 5 minutes from Fergus and 10 minutes from Guelph. The property features 1,825 square foot 4 bed, 3 bath, farm house with an 800 square foot 1 bedroom accessory apartment, 3 horse paddocks, 3,000 square foot barn with 5 horse stalls, water, and hydro. MLS. Call Ryan Briggs
CELL:
• 1910 Georgian Revival architecture, originally the nurses residence • Located directly beside Guelph General Hospital
• On bus route • 12,000 s.f. + basement • 25 spaces parking • Call Ryan Briggs
• 5,500 sq ft available with storefront • High traffic location close to big box stores • Zoning Specialized Service
Commercial with many retail, office and service uses • Exclusive • Call Ryan Briggs
735 WOOLWICH ST, GUELPH FOR LEASE: 0.96 acre Pad Site close to Highway 6 Potential for redevelopment Zoned SC-1 (Service Commercial) Call Ryan Briggs 101 HAZELGLEN DRIVE: $7.45/sf Main Floor $2.50/sf Second Floor. Affordable main floor retail or 2nd floor office space. Zoning allows many retail, personal service, health clinic and office uses. Call Duncan
RYAN BRIGGS
DUNCAN MCLEAN
CHRIS McFARLANE
Sales Representative
Sales Representative
Sales Representative
519.498.5775
Ryan@cmarealty.ca
CELL:
11280798_4114
• Uptown Waterloo home converted for office use. • Ideal work/live opportunity for a small growing business.
$599,900
$450,000 53 MADISON AVE N, KITCHENER $314,900 51 WOODLAWN RD W, GUELPH $16.00/SF
4114_DJW_1_0043
39 PEPPLER ST UPTOWN OFFICE
• 1.62 acres R-6 development land. • Close to shopping, schools and parks. • Proposed development for 72 rental units or 42 retail condo units. • Call Chris McFarlane
$599,900 8418 SIDEROAD 30, FERGUS
4114_DJW_1_0156
4114_DJW_0052
• 0.729 acre Multi-Res development site • R-6 Zoning (28 - 48 units) • Easy access to Highway 7 & 85
$1,200,000
4114_DJW_1_0157
$1M 8372 SIDEROAD 30, FERGUS
371 LANCASTER ST W
• 9 single detached plus 27 townhome lots • Services on street • Close to Woodstock • Call Ryan Briggs
$1.5M 190 CENTURY HILL
4114_DJW_1_0062
• Four properties on 0.46 of an acre. • Zoned MR-6. Architectural concept drawings for a 6 storey,
$2M
RESIDENTIAL LOTS, INNERKIP
4114_DJW_2_0009
$1,900,000 60 - 66 CHURCH ST, KITCHENER
4114_DJW_2_0102
146-154 ERB ST W
v
2480 HOMER WATSON BLVD & 49 CONESTOGA COLLEGE BLVD PLAZA - $5.25 M LAND $3.5 M
4114_DJW_1_0094
$5.4M
806 DOON VILLAGE RD
519.590.7997
CELL:
519.588.6683
Duncan@cmarealty.ca chris@cmarealty.ca 7G
COM
8155064_4114
8G
COM
11257575_4114
Contact us by phone:
519-669-1544
Mildred Direct: 519-741-6970 Len Direct: 519-741-6368 REALTY LTD., BROKERAGE INDEPENDENTLY OWNED & OPERATED *Sales Representative **Broker
By Fax: 519-669-5119 or by email Len & Mildred:
*Len & Mildred Frey**
THE FREY TEAM
w w w. t h e f r e y t e a m . c o m
mildred@thefreyteam.com
COMMERCIAL FOR SALE & LEASE 5150 AMENT LINE LINWOOD
4114_DJW_2_0017
4114_DJW_0065
25-27-29 MANITOU DRIVE KITCHENER, ON
5 Units for lease between 6.00 and 7.00 Busy street with lots of exposure! Lots of parking and signage available.
Call Mildred Frey
• 1C-29 Manitou - 758 sq. ft. warehouse & 734 sq. ft. office. Can join with 1D for larger unit. MLS #1431269 • 1D-29 Manitou 1037 sq. ft. warehouse & 455 sq. ft. office. 1C & 1D have backup loading docks. MLS #1431291. • 2J-27 Manitou - 1048 sq. ft. warehouse with loading dock. MLS #1431273 • 2E-27 Manitou - 885 sq. ft. office with in unit washroom. MLS #1431281 • 3B-25 Manitou 687 sq. ft. office. 2 offices and reception area. MLS #1431267 • 2F-27 Manitou - 680 sq. ft. of finished office space. In unit washroom. Entrance from covered walkway. MLS #1437975
$487,000 Commercial property with 2 storey building to one end with residence upstairs. Post Office in the front and a Home Hardware tenant in the balance of the building. Located on the main Street in Linwood, a small town 15-20 minutes to Waterloo, St. Jacobs & Elmira. To view call Mildred Frey @ 519-669-1544 to page or call direct 519-741-6970. MLS 1437283
247 CENTENNIAL PARKWAY N.
For Lease - 4150 sq. ft. - from $7.50 per sq. ft.
8 MAIN ST. E.
4114_DJW_1_0028
QEW & CENTENNIAL PARKWAY - 45 GODERICH
905-777-0252 ext 304 E-mail:
info@desantis.com
www.desantis.com
4114_DJW_1_7007
Available Immediately. Downtown starting at 950 sq. ft. 4114_DJW_0029
8148088_4114
Offices starting at 1200 sq. ft. from $11.00 per sq. ft.
9G
COM
FRANCHISE OPPORTUNITIES
EXISTING & NEW LOCATIONS AvAILAbLE
UB is redefining the growing burger business with fresh burgers and hand cut fries in an upbeat (and tasty) way! Contact Us Today For More Information! 1.877.272.2952 or development@obsidiangroupinc.com
www.ubburger.com > /UnionBurger 8302229_4114
ATTENTION
Fantastic Opportunity
For Builders/Developers/Investors
OWNER WILL CONSIDER PROPOSALS FOR OUTRIGHT SALE OF THE DEVELOPMENT OR JOINT VENTURE WITH A PREMIER HI-RISE BUILDER
For more information send serious inquiries to info@triumphcondo.com include your full corporate contact info. 11267146_4114
10G COM
• High Demand Mississauga Development Location • Approved 15 storey 146 Residential Unit Condominium • Approved 5400 sqft ground floor commercial • Steps to GO Train, Shopping, Parks and Lake • Site Plan Application Filed • On Site Presentation Centre
PRINCIPALS ONLY
Volume 14 Issue 10
1
Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
INDEX
READ BY over 100,000 Business Readers! distributed in over 1,700 locations! huge coverage area - windsor to ottawa! Collingwood
Get the full coverage you need – advertise in Commercial Investor
Kitchener, Waterloo & Guelph
4
Southwestern Ontario
13
Hamilton
18
Greater Toronto Area
30
Central Ontario
47
Eastern Ontario
53
Niagara
56
Haliburton Business Opportunities
61 Smiths Falls
Orillia
Next issue:
November 8, 2014 St. Catharines
Advertising deadline:
October 28, 2014
For advertising information call
Toll Free 1-800-268-0077 or e-mail us at: thecommercialinvestor@wall2wallmedia.com Published by: DIRECTOR OF SALES Josh Heppner
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Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Special Features 12 BUSINESS SMARTS — Protect your brilliant idea 14 IN THE NEWS — Demand for assets underscores healthy commercial real estate investment in Canada, Us and UK 29 MONEYSENSE — Make financing your business much easier 42 BUSINESS SMARTS — Top challenges for small businesses in Canada 44 TREB REPORT — GTA commercial REALTORS report latest commercial market figures 50 IN THE NEWS — Six-storey wood frame construction approved By Richard Thomas 52 IN THE NEWS — RioCan invests in $30 million redevelopment of RioCan Oakville Place in 2015 58 TECH TALK — Leverage the power of mobile technology for your micro-business
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Commercial Real Estate & Business Opportunities
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KITCHENER, WATERLOO & GUELPH
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
KITCHENER, WATERLOO & GUELPH SECTION COVERING: Cambridge Durham Elora
Fergus Guelph Kitchener Waterloo
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Volume 14 Issue 10
5
Royal LePage
519-745-7000
Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9
Mike Milovick B.B.A., Sales Representative
CI@TeamMilovick.com
fax: 519-489-1333
www.TeamMilovick.com
8302191_4114
Grand Valley Realty BROKERAGE INDEPENDENTLY OWNED AND OPERATED
Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
Invest in Ontario’s Number 1 Town Today!
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 46 BRICKER AVENUE, WATERLOO
119 UNIVERSITY AVENUE WEST, WATERLOO
• University-Zoned Development Site • Located on WLU's main campus • Rare opportunity for Private Sector • Bid Deadline: September 16, 2014 • MLS®
• $99,700+ Gross Income • Corner Lester and University • Steps to Both Universities • High Density Zoning • 17 Student Triplex • MLS®
1,299,000
3714_DJW_1_0106
52 NOECKER STREET, WATERLOO
3714_DJW_0003
392 ERB STREET WEST, WATERLOO
336 KING STREET, WATERLOO
715,000
$
950,000
$
925,000
$
• $79,000+ Gross Potential Income • 15 students
960,000
$
$
• Newer purpose built • Leased to May, 2015 • MLS® 4114_DJW_1_0005
• 72,000 + Gross Annual Income • 5.7% Cap Rate
195 COURTLAND AVENUE EAST, 3714_DJW_2_0118 KITCHENER
• Rental Lincensed four plex • Oversized MR zoned lot • MLS®
3714_DJW_0006
• Nearly $5000 Monthly Income • Rental licensed duplex • Fully leased
4114_DJW_1_0007
435 TAMARACK DRIVE, WATERLOO
465 HAZEL STREET, WATERLOO
544,900
• Zoned high density, MR-25 • MLS®
$
• $48,000+ Annual Gross • Income Available! • 9 student city-approved, rental licensed property • Desirable 5 and 4 bedroom layouts close to both
669,900
$
• Multi-Res infill site • Potential 20 unit site • Easy walk to future LRT
• Proposed site plan available • MLS® 3714_DJW_2_0118
394,900
4114_DJW_1_0004
349,900
$
• $27,000+ Potential Gross • Rental Licensed • Lots of Big Ticket
• $39,000+ Potential Gross Income! • Desirable 5+2 Bedroom Layout • Steps to Waterloo Park, • Easy Walk to Universities • Walk score of 87 • 5.77% Cap • 7.26% Cash on Cash • Over $7,000 Cash Flow • MLS® 4114_DJW_3_0019
305-30 HICKORY STREET WEST, WATERLOO
3714_DJW_1_0024
244,900
$
274,228
$
• Four bedroom turn key rental • Unique, authentic uber cool loft
Upgrades/Updates • MLS®
511B GLENELM CRESCENT,
9-12 BRIDGEPORT ROAD EAST,
144 ERB STREET WEST, WATERLOO
$
Universities • Spacious bedrooms, two car garage for landlord or tenant storage. • MLS®
• $24,000 potential gross • Within 800 M to proposed LRT • Freehold, Licensed
• Quick walk to WLU • 97 Walk Score • MLS® 3714_DJW_1_0109
Investment • Turnkey operation • MLS® 3714_DJW_1_0110
1305 VICTORIA STREET NORTH,
LEA S
ED
I-52 MCINTRYE PLACE, KITCHENER
210,000
$
• $16,000 + Gross Annual Income • Rental Licensed Exempt Building
$
• Steps to WLU • Turn Key, entry level opportunity • MLS® 3714_DJW_0008
• $5.15 PSF • 4871 SF in Flexible B2 Zoning • Desirable Huron Business
Park • Reasonable CAM of $3.42 PSF • MLS® 4114_DJW_2_0025
7.00 PSF
• 2099 SF of Clean, Modern Space • Flexible C6 Zoning • Lots of Parking
Please say you saw it in The Commercial Investor
• 41,000 Vehicle Traffic Daily • MLS® 3714_DJW_1_0105
6
Volume 14 Issue 10
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
519.742.7000 www.coupalmarkou.com
INVESTMENT OPPORTUNITIES
• Multi-Residential Development Opportunity • Prime location between WLU & UW • Combined lot size of 0.507 acres • $2,250,000 MLS
MLS
• 23 Unit - 3 Storey walk-up • 1 -1 bedroom, 17-2 bedrooms, 5-3 bedroom • 0.726 acres • $2,375,900 MLS
• 23 Unit - 3 Storey walk-up • 1-1 bedroom, 17-2 bedrooms, 5-3 bedroom • 0.692 acres • $2,375,900 MLS
MLS
JOSEPHINE ST W, WINGHAM
• 26 Unit - 3 Storey walk-up • 1- Bachelor, 10-1 Bedroom, 15-2 Bedroom • 0.934 acres • $2,685,800
4114_DJW_0038
4114_DJW_1_0116
88 BRYBECK CRES, KITCHENER
4114_DJW_1_0115
32 BRYBECK CRES, KITCHENER
• 26 - Unit 3 Storey walk-up • 1-Bachelor, 10-1 Bedroom, 15-2 Bedroom • 0.876 acres • $2,685,800 MLS
MLS
• 5.27 acres • Retail Development Land • High visibility location, on the main street to into Wingham • $595,000
Christopher Coupal, Broker of Record, Principal christopher@coupalmarkou.com
Peter Kruschen, Sales Representative peter@coupalmarkou.com
John Markou, Broker, Principal john@coupalmarkou.com
Matthew Dickson, Sales Representative matt@couplamarkou.com Michael Conrad, Sales Representative mike@coupalmarkou.com
James Craig, Sales Representative james@coupalmarkou.com
MLS
16 BRYBECK CRES, KITCHENER
4114_DJW_1_0113
6 BRYBECK CRES, KITCHENER
4114_DJW_1_0112
164 BELMONT AVE W, KITCHENER
• 31 Unit - 3 Storey walk-up • Semi-sold construction • Ample parking • Walking distance to many amenities • $2,712,500
• 52 Registered Condos • 196 Bedrooms • Excess density for future development • 3 Year leaseback • $16,825,000
4114_DJW_1_0114
• Multi-use industrial investment opportunity • Option A - 81,500 sq ft on 3.8 acres • $2,995,000 • Option B - 23,500 sq ft on 2.5 acres • $1,295,000
MULTI-RESIDENTIAL STUDENT OPPORTUNITY
4114_DJW_1_0071
4114_DJW_1_0021
343-349 ALBERT ST & 311 COLUMBIA ST W, WATERLOO
4114_DJW_1_0020
352 MAPLE AVE, KITCHENER
CONNECT
11287245_4114
The information set out herein is for advertising purposes, with information obtained from sources deemed to be reliable. No warranty or representation is made as to its accuracy, correctness and completeness of the information, being subject to errors, omissions, conditions, prior sale/lease, withdrawal or other changes without notice. Coupal Markou Commercial Real Estate Inc., Brokerage
Please say you saw it in The Commercial Investor
MLS
7
Commercial Real Estate & Business Opportunities
519.742.7000 www.coupalmarkou.com
INVESTMENT OPPORTUNITIES 334 MANITOU DR, KITCHENER
4114_DJW_0037
4114_DJW_1_0073
68 KENT AVENUE, KITCHENER
4114_DJW_1_0068
185 GLASGOW ST, KITCHENER
• Freestanding building in Belmont Village • Corner location, ample parking, pylon signage • Leased to April 2015. NOI $72,000 per annum • $1,395,000
• Live/Work Opportunity • Main floor office, Residential on second floor • 1,200 sq ft stand alone building • $274,900
MLS
MLS
1015-1051 KING ST E, KITCHENER
MLS
54 BRIDGE ST W, KITCHENER
• Two industrial condos fronting on Saltsman Dr • Each unit consisting of 2,560 sq ft • DL/DI loading • $599,000 or $315,000 each
4114_DJW_1_0117
4114_DJW_1_0074
4114_DJW_1_7778
R J ED U U ST C ED
85 SALTSMAN DR, CAMBRIDGE
• 24,219 sq ft • High exposure on Manitou Road • Multi-tenant facility • $2,685,000
• Across from future LRT • 1.19 acre redevelopment site • Corner of King & Ottawa Street • Existing income in place • $2,295,000
MLS
MLS
470 BRANT RD, NEW DUNDEE
• 72.9 acres • Employment land • Parcels available from 8.3 acres @ $275,000/acre • Entire site available for $9,900,000
MLS
MLS
HERRGOTT RD, ST. CLEMENTS
595 GARAFRAXA ST W, FERGUS
4114_DJW_1_0076
4114_DJW_1_0077
2117 LONSDALE RD, BRESLAU
• 59.66 acres • Adjacent to Waterloo Wellington Airport • Zoned Agricultural • $1,695,000
• 120.4 acres with 4,400 sf house, horse barn & facilities • High profile location minutes from south Cambridge • Ideally suited for future development in the areas of recreation and leisure MLS • $2,995,000
4114_DJW_1_0072
• 3.63 acres industrial land • In prestigious Grand River Business Park • Located just off Victoria St. N, Kitchener • $671,550 ($185,000 per acre)
4114_DJW_1_0119
4114_DJW_1_0086
300 BRIDGE ST E, KITCHENER
4114_DJW_1_0075
27 RIVERVIEW PL, KITCHENER
• Prime residential development site • 1.23 acres with 181.28 ft frontage • Premilinary site plan approval in place for • 32 unit apartment building or stackied townhouses MLS • $1,350,000
• Shovel ready industrial lots • 2.91 - 14.45 acres • $210,000 - $235,000 per acre MLS
MLS
• 34.47 acres of future residential • Across from new proposed hospital • Adjacent to busy residential area • $1,750,000
Christopher Coupal, Broker of Record, Principal christopher@coupalmarkou.com
Peter Kruschen, Sales Representative peter@coupalmarkou.com
John Markou, Broker, Principal john@coupalmarkou.com
Matthew Dickson, Sales Representative matt@couplamarkou.com Michael Conrad, Sales Representative mike@coupalmarkou.com
James Craig, Sales Representative james@coupalmarkou.com
MLS
CONNECT
11289418_4114
The information set out herein is for advertising purposes, with information obtained from sources deemed to be reliable. No warranty or representation is made as to its accuracy, correctness and completeness of the information, being subject to errors, omissions, conditions, prior sale/lease, withdrawal or other changes without notice. Coupal Markou Commercial Real Estate Inc., Brokerage
Please say you saw it in The Commercial Investor
Kitchener/Waterloo Guelph & Cambridge
Volume 14 Issue 10
8
Volume 14 Issue 10
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519-743-5211
www.coldwellbankerpbr.com/commercial
e: commercial@coldwellbankerpbr.com
OFFICE/RETAIL FOR LEASE
OFFICE/RETAIL FOR LEASE
OFFICE/RETAIL FOR LEASE
1,321 to 5,505 SF · $21.00/SF · Exclusive Kitchener · New plaza with high exposure & traffic. Located beside high school, high density new residential. Lester Tobin*
477-750 SF · $70.00 - $120.00/SF MLS: 1427684 1431606 · Waterloo · Food Court style units located on the corner of University & Lester St. In a 3 storey retail &17 storey student res. bldg. Access to over 2,000 in-house students & over 70,000 University students. Lester Tobin*
920 SF Divisible · $1,999/ Mth · MLS :1337773 Waterloo · Impressive, 2nd floor office in wellknown building. Abundance of natural light. 24/7 electronic reader board. Free parking with many amenities nearby. Very accessible, Hwy 85 & iXpress seconds away. Colin Vogel*
1,485 SF- 2,056 SF· $19.00/SF · MLS: 1432155 1432163 · 1432162 · Waterloo · Located at the entrance to the new Carriage Crossing upscale community. Zoning allows for many uses including retail, business, medical office and more. Only 3 units left! End Cap unit w/finished patio!
4,900 SF· $19.00/SF · MLS:1437522 · Kitchener Wide open 4,900 SF, open webbed ceiling. C-6 Zoning. John Hoffman*/ Gary Boudreau* Newly renovated, very interesting building. 24 John Hoffman*/Gary Boudreau* parking spaces onsite. CAM’s only $5! Up to 300,000 SF · $18.00/SF · EXCLUSIVE John Hoffman* 2,025 SF · $18.00/SF · EXCLUSIVE · Kitchener Waterloo · Build to suit. Close proximity to many 1,153 SF - 3,853 SF · $24.00 - $30.00/SF New Commercial/Office unit on main floor of 6 amenities. Excellent access to Hwy 85. storey apartment bldg. Ample on-site drive up MLS: 1437613/614/608/599/602/595/607/605 Peter Benninger** Lester Tobin* parking. Kitchener · New space at Sportsworld Crossing. 3,267 SF · 14.00/SF Net · MLS:1427740 Join existing retail & restaurant traffic draw. 1,340 SF · $7.35/SF · MLS: 1421725 Kitchener · Turn-key restaurant space complete Lester Tobin*/ Gary Boudreau* Cambridge· Retail space, ideal for automotive w/ kitchen, hood, equipment, bar & washrooms. use, sign shop, glass service, car audio. Prime location. Lester Tobin* Shawn Quilty*/ Roman Ginzburg* OFFICE/RETAIL FOR SALE 2,050 SF · $16.00/SF · MLS: 1424242 4,200 SF · $10.50/SF Net · MLS: 1418072 Brantford · End cap retail unit. Drive-up parking. Waterloo · Busy location, close to U of W, W.L.U HWY exposure. Lester Tobin* BEAUTIFUL LIVE/WORK SPACE FOR SALE & Conestoga Pkwy. I-6 Zoning. Gary Boudreau* 3,349 SF · $724,900 · MLS:1431943 · Waterloo 1,900 SF· $14.00/SF· MLS:1427741· Kitchener Tons of old world charm! Features bright and 2,600 SF· $14.00/SF· MLS: 1424102· Cambridge spacious office space + 2 accessory apartments. Prime downtown location near many new Prime retail space in the heart of downtown Galt. developments &future LRT route. Lester Tobin* Can easily be converted to student Roman Ginzburg*/ Shawn Quilty* accommodation. Ideal Live/Work space. Roman Ginzburg*/ Shawn Quilty* 1,049 SF· $19.95/SF · MLS: 1424548 · Kitchener 3,347 SF· $16.00/SF· MLS: 1411621 · Kitchener 12 windows overlook Frederick /Lancaster 2 Last unit! Drive-up retail/office unit located in RETAIL OR REDEVELOPMENT SITE newly developed community, minutes from Hwy blocks from new regional courthouse. On site 1,586 SF· 0.12 Acres· $995,000· MLS:1421708, Lester Tobin* parking. Well built building. High exposure. # 401. John Hoffman*/Gary Boudreau* 1421709 · Kitchener · Unique High Profile 2,500 SF· $11.95/SF · MLS: 1424737 · Kitchener Location Corner Lot. Located beside farmers 2,306 SF · $5.50/SF · MLS: 1428358 · Kitchener Free on site parking. Seconds from Conestoga market. Great Redevelopment site. Lester Tobin* Very central location, Finished office w/ 2 w/r’s. Expressway Gary Boudreau* Large Garage door, 17’ clear ceiling in shop. RETAIL INVESTMENT PROPERTY 2,420SF - 4,500 SF · $12.50/SF · MLS: 1432049 John Hoffman* 4,800 SF· $1,050,000· MLS:1411192 · Kitchener 1414253 · Cambridge · Well established, high 1,475 SF· $10/SF Net· MLS:1437410 · Kitchener Fully rented, long term leases in place . Located traffic neighbourhood plaza. Ideal space for Last unit! Newly upgraded unit near Kitchener’s near Kitchener’s New Mega Courthouse. salon, medical use, insurance. Only two units Lester Tobin* left. Roman Ginzburg* /Shawn Quilty* new mega courthouse and the downtown core. Parking available. Lester Tobin* 1,572 SF · $399,000 · MLS: 1427824 · Waterloo 4,725 SF · Divisible · $18.00/SF · MLS: 1434022 3 Bedroom Commercial/ Residential property in 10,500 SF· $12.00/SF· MLS:1437447· Kitchener Kitchener · Medical/ Retail Space. High profile Uptown Waterloo. Lester Tobin* Located near Fairview Park mall with exposure location with traffic counts over 40,000 per day. to the expressway. Ample on-site drive-up 5,600 SF· $699,000 · MLS: 1324349 · Kitchener Ample on-site drive up parking. Join other parking. Lester Tobin* Five unit industrial building, recent extensive tenants including Costco, Home Depot, Empire renovations. R. Blake Hull* Lester Tobin* 4,600 SF · $14.50/SF · MLS:1427910 Theatre and many more. Cambridge · Landmark 2 storey historic bldg,fully 3,931 SF · $3.00/SF · MLS: 1414196 · Kitchener 2,400 SF · $5.50/SF · MLS: 1431886 · Kitchener modernized. 35 parking spaces, public transit at Dry storage or distribution at a low cost. Extra Excellent space in 5 unit ind. bldg. Suitable for John Hoffman* small manufacturing or service commercial busi- front door. Ideal for medical use, private school, yard space available. ness. Easy access to Guelph, K-W & Cambridge. office, retail. Roman Ginzburg*/ Shawn Quilty* R. Blake Hull* INDUSTRIAL/OFFICE WITH 2 BEDROOM HOME 8,246 SF · $5.99/SF · MLS: 1432295 13,000 SF + 900 SF Home · $995,000 3,730 SF· $5.50/SF · MLS: 1428354 · Kitchener Cambridge · Great location. High visibility. Just EXCLUSIVE · Cambridge · 1.3 Acres. Fully carpeted, 5 offices & large open area. south of Hwy#410. Ample on-site parking. Small On Cor ner Lot. Lester Tobin* Mezzanine, lunch room. John Hoffman* kitchen available. Lester Tobin* 2,598 SF· $11.00/SF Net· MLS: 1417180 Kitchener · High traffic; 44,914 Vehicles daily.
* Sales Representa ve of
** Broker of Record Please say you saw it in The Commercial Investor
8171433_4114
9
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
Volume 14 Issue 10
COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211
www.coldwellbankerpbr.com/commercial INDUSTRIAL/WAREHOUSE FOR SALE
e: commercial@coldwellbankerpbr.com
LAND FOR SALE
BUSINESS FOR SALE
9,360 SF · $6.50/SF · MLS: 1431568 · Kitchener 16 Dock doors, 21’ clear span shop. Great for high volume trucking business. Large land for truck and trailer avail. At an extra expense. 7,699 SF shop & 1,661 SF office. John Hoffman*
2.0 Acres· $500,000· MLS:1337641· Kitchener Corner of Trillium and Huron with excellent access to Hwy 7/8 and Hwy 401. Many uses permitted. Colin Vogel*/Peter Benninger**
3,280 Sq. Ft.· 110 Seats· $449,000 · EXCLUSIVE Waterloo Region · Highway family restaurant with liquor license. High income - Low rent. Lester Tobin*
RESIDENTIAL/WAREHOUSE CONDO 2,358 SF · $389,000 · MLS: 1424822· Kitchener Live/Work opportunity! Legal 1,160 sf residential,1,015 sf warehouse &183 sf office condo. Lester Tobin*
HIGH-DENSITY MIXED-USE DEVELOPMENT!
5.09 Acres · $4,250,000 · EXCLUSIVE Cambridge · 5 min walk to Cambridge Centre Mall. 3 min drive to hwy 401 Directly across from natural conservation area. Peter Benninger**/Colin Vogel*
5,887 SF· $449,000· MLS:1424714 · Cambridge Turn key casual upscale restaurant & bar. Excellent opportunity for an established restaurateur to operate a high end restaurant in a prime and proven location. Roman Ginzburg* /Shawn Quilty*
RETAIL OR REDEVELOPMENT SITE 10,688 SF · $6.75/SF · MLS: 1425044 Waterloo · Great Location. Exposure to King St. 1,586 SF on 0.12 Acres · $995,000 N. Across from Conestoga Mall. John Hoffman* MLS:1421708, 1421709 · Kitchener · Unique High Profile Location Corner Lot. Located 21,775 SF· $5.50/SF · MLS:1431522 · Kitchener beside Kitchener’s farmers market. Great Redevelopment site. Lester Tobin* Excellent manufacturing and/or warehouse facility. Good power, loading and parking. 1 Acre · $3,050,000 · MLS:1427736, 1427709, R. Blake Hull* Kitchener · Land assembly · Walking distance INDUSTRIAL PROPERTY FOR SALE & LEASE to future transit hub, tech hub, school of 30,400 SF · 3.09 Acres · $1,895,000 · $6.00/SF pharmacy. MU1 zoning allows for mixed Net · MLS:1434971 · Cambridge · Incredible commercial and residential development. location! 3 Acre site with 30,000 sq. ft. bldg. Roman Ginzburg*/ Shawn Quilty* Approx. 2,400 sq. ft. of office space. 66.58 Acres · $2,200,000 · EXCLUSIVE Roman Ginzburg*/Shawn Quilty* Cambridge · Under consideration to change OP 65,000 SF· $3,300,000· MLS:1341107 designation to industrial. Peter Benninger** Waterloo · State of the art industrial building. Heavy power supply. Large bays, high ceilings, 4.49 Acres · $1,995,000 · EXCLUSIVE Kitchener · Highly visible, high traffic site. excellent loading. Easy access to the expressway. R. Blake Hull* Central to existing retail & proposed employment lands. Peter Benninger** 1,560 SF· $269,000· MLS:1425046 · Cambridge HIGH DENSITY MIXED USE DEVELOPMENT Downtown Preston property. Main floor retail, 3.25 Acres · $5,850,000 · EXCLUSIVE 2nd floor office or residential. On-site parking. Lester Tobin* Kitchener · Frontage on 2 major streets at gateway to downtown Kitchener. Excellent access to INVESTMENT FOR SALE Hwy 401 via Hwy 8 Directly on proposed light rail transit route. Peter Benninger**/Colin Vogel* 16,164 SF· $975,000· MLS: 1417413 Approx. 217 Acres · $4,340,000 · EXCLUSIVE Cambridge · Owner/user or multi-tenant building, Waterloo Region · Currently Being Farmed. Call ample on-site parking. Located on busy artery for full info pkg! Peter Benninger**/Colin Vogel* just south of Hwy #410. Lester Tobin* 37.5 Acres · $3,000,000 · MLS: 1244781 · Port 38,000 SF · $2,900,000 · MLS:1428164 Elgin · Incredible investment. At the gateway to Cambridge · Prominent fully occupied bldg. in Port Elgin. 800 meters from new Walmart plaza the downtown core of Galt. Great redevelopment a few min. walk to one of the most beautiful opportunity for brick & beam residential mixed or sandy beaches in Ontario! commercial use. Roman Ginzburg*/Shawn Quilty* Roman Ginzburg*/ Shawn Quilty* 25,182 SF · $2,420,000 · MLS: 1417598 Brockville Walking distance frm Hospital. Great BUSINESS FOR SALE re-development site. Some medical onsite. John Hoffman*/ Gary Boudreau* 2,000 SF · $195,000 · MLS: 1434965 · Elmira Excellent opportunity to own an up and coming 16,219 SF· $1,950,000· MLS:1417605 Kitchener · Rare opportunity to renew existing or café and catering business w/ dream kitchen for even the most experienced chef. build new in this 1.6 Acre site. Zoned C-2-very Roman Ginzburg*/ Shawn Quilty* dynamic zoning. John Hoffman*/ Gary Boudreau*
MULTI FAMILY FOR SALE 20 Units · $3,950,000 · MLS: 1417251 · Elmira Recently constructed , only steps to downtown Elmira. concrete construction, elevator, parking garage, amenity space, oversized units, A/C, in suite laundry, separate meters for hydro & gas. Eric Reiner* 13 Units· $5,500,000· MLS: 1437772 · Waterloo Recently constructed, purpose built investment property. Close to U of W & W.L.U. controlled entry w/video surveillance, separate meters for gas and hydro. Eric Reiner* 36 Units · $15,7500,000 · MLS: 1437816 Waterloo · Modern loft style units. Recently constructed, purpose built steps to U of W & W.L.U. L.E.E.D quality construction, separate hydro meters. Eric Reiner*
For Commercial Real Estate Solutions in Canada's Technology Triangle, contact any one of our sales representatives, or call 519-743-5211. SALES REPRESENTATIVES: Gary Boudreau Selby Colson Mike Flynn Roman Ginzburg John Hoffman Bill Halpenny R. Blake Hull Shawn Quilty Eric Reiner Lester Tobin Colin Vogel Harmony Voisin
· · · · · · · · · · · ·
ext. 3029 ext. 3100 ext. 3037 ext. 3103 ext. 3040 ext. 3120 ext. 3032 ext. 3106 ext. 2099 ext. 3023 ext. 3110 ext. 3117
BROKER OF RECORD: Peter Benninger
· ext. 3000
* Sales Representa�ve ** Broker of Record 8331512_4114
Please say you saw it in The Commercial Investor
10
Volume 14 Issue 10
Commercial Real Estate & Business Opportunities
– GUELPH –
2914_DJW_1_0004
LEASE IS NEGOTIABLE • Interior finished • Includes 14 tanning beds or not for some other use • Prime for new owner to step into (lease only) • Well-maintained
Kenneth Fish
• Prime high traffic location • Ample parking • Spacious 1,740 sq. ft. or 2,604 sq. ft. • High density residential and business neighborhood Toll Free:
Broker of Record
11270688_4114
866.822.4066
ken@whitecaps.ca
Albert Fish Associates Limited R E A L E S TAT E B R O K E R A G E
1.866.822.4066
Marga Weigel, Broker/Commercial Realtor
Re/Max Real Estate Centre Home Office: 519 696-2446
Office:
720 Westmount Rd. E. Kitchener, ON N2E 2M6
519-741-0950
11288908_4114
Kitchener/Waterloo Guelph & Cambridge
TANNING SALON OR FINISHED SPACE FOR LEASE
margaweigel.remax.kitchener@gmail.com
$1,375,000
$1,265,000
67 SHANTZ LANE, KITCHENER 15 - unit apartment building - All brick exterior - Separate hydro meters - New windows - New roof in 2011 - Easy to rent 3714_DJW_2_0101 - MLS 1434928
357 CONNAUGHT STREET, KITCHENER 11 - unit solid-construction (concrete floors) apartment building - Large units -10 2-bedroom and 1 3-bedroom suites - Excellent condition - New roof (2014) - Viessmann furnace - gas, hot water (2012) - Separate hydro meters - MLS 1434938 3714_DJW_2_0102
$649,000
EXCLUSIVE LISTING
Please say you saw it in The Commercial Investor
72 SYDNEY ST. N., KITCHENER 6 - unit all brick apartment building - 5 garages (total of 12 parking spaces) - Controlled entry, intercom - Separate hydro meters - Viessman furnace (hot water gas) - Pitched roof - Very good rental location - Very good condition - Easy to manage 3714_DJW_2_0103
11
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
Volume 14 Issue 10
The Cliff Rego Diamond Award Winning Team:
• Placed Top 20 in Canada* • Top 1% in the world for RE/MAX** *Re/Max International Statistics 2012 **For markets with population of 50,000 to 150,000
519.740.7222
CLIFF REGO BROKER
Real Estate Centre Inc. Brokerage
519.623.6200
Each office independently Owned and Operated
$1,799,000 Retail commercial plaza fronting on King & Bishop Streets. Extensive auto and foot traffic. Super store front exposure. $925,000 Convenient parking with access off King direct into the plaza. Entrance off Bishop is direct to Bishop units. Additional Great 30 bed retirement home. Fully equipped and licensed. RC parking off King to rear of plaza. Property includes home at zoning also allows group residences and lodging homes. Pos1413 King St. E. MLS 1494522 4114_DJW_0004 4114_DJW_0003 sible student residence conversion. MLS 1493440
11269765_4114
$895,000 All brick building in Downtown Galt. Can be used as either office or retail. 16,000 sq ft above grade with an additional 8,000 sq ft at the lower level. This building is located directly across from city hall and the farmer's market. Great investment potential. MLS 1494541 4114_DJW_0005
$1500/MONTH
$224,900
*Super location - high exposure both traffic and pedestrian $1500/MONTH Great turnkey casual family restaurant. Well established and *$1500/month gross + utilities + hst *Store front *Recephave been serving for 13 years! Great location in Cambridge tion/offices/lunch room *Up to 6 offices *A lot of parking at Extensive pedestrian & auto exposure! Lots off street park- right on the main strip of Hespeler Rd across from the rear of building *Convenient to amenities *Downtown core. ing! Convenient area! Note: $1500 all in, except HST. MLS Cambridge Centre! MLS 1494463 1494527 4114_DJW_0008 4114_DJW_0007 4114_DJW_0006 MLS 1494079
4114_DJW_0074
4114_DJW_0082
FANTASTIC 5 ACRE GRADED LOT FOR LEASE
Fantastic 5 acre graded lot for lease in great location only 5 mins. from the 401 and Homer Watson Blvd. on/off ramps! Well maintained, partially fenced, lot with option for hydro. Zoning permits truck/trailer operation, parking of heavy equipment and vehicles.
COMMERCIAL
Century 21 Home Realty Inc. Brokerage* 4169 King St. E. Kitchener, Ont. N2P 2E8 Office: 519-570-4663 Fax: 519-894-9777
Steve Krofchick Direct: 519-572-2521
Email: info@soldwithsteve.ca
www.soldwithsteve.ca “BECAUSE RESULTS MATTER!”
Please say you saw it in The Commercial Investor
11291082_4114
Call for details or private showing.
12
Volume 14 Issue 10
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
CAMBRIDGE INVESTMENT INVESTMENT/MULTI TENANT
OFFICE BUILDING
4000 square feet professionally finished offices on two levels, plus 800 square feet for dry storage in the basement. Located within seconds from the 401 and Hwy 24 (Hespeler Rd). Great signage from street Pylon and large building sign included in sale price. Ample parking in front and rear of property, security system, large windows, three washrooms with possible lunch room. Good investment for the right purchaser. A rare find in today’s market.
$539,000
11286199_4114
4114_DJW_1_0032
businesssmarts
Protect your brilliant idea
A
brilliant idea can strike at any time, like a new
invention, a catchy slogan, or the perfect love
song. Protecting your brilliant idea, however,
can be a complex process.
“There are three main categories of intellectual assets,” says Ray Leclair, vice president of public affairs at LAWPRO, the provider of professional liability insurance for lawyers in Ontario, and TitlePLUS title insurance for home owners and lenders across Canada.“How an idea is protected depends on its nature – whether it’s eligible for a patent, trademark or copyright.” A new invention for example (perhaps a device or a drug) may be eligible for patent protection, which basically grants exclusive rights to produce or sell your invention for a specified period of time. Patents essentially confer a reward for the time, effort and potential investment it may take to develop something original, or improve upon existing products or processes. Obtaining a patent can be a complicated and highly technical process, but a lawyer and/or patent agent can help you navigate the application and filing system. A lawyer can also help you determine if a proposed trademark
can be registered, and assist you with the registration process. A trademark can be distinctive words, logos, symbols or devices used to distinguish one provider’s goods and services from those of another. While a trademark can exist whether or not it is registered, registration offers more formal protection of your product, brand or organization. Similarly, copyright protection exists without registration or doing anything to establish ownership, but registration provides proof of that ownership in the case of a dispute. Copyrights usually apply to expressions of ideas and artistic works such as music, literature and visual and dramatic arts. It’s important to remember that legislation varies across the different types of intellectual assets, and that each protects a “bundle of rights” that is not necessarily complete, exclusive or permanent. “Think about why you want to protect your brilliant idea – how and why it’s valuable to you – and then speak with a lawyer,” advises Leclair.“A lawyer can walk you through the process of registering your intellectual asset, and also provide insight and advice on how to enforce your rights if someone infringes upon them.” -NC
Please say you saw it in The Commercial Investor
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION
COVERING:
Grimsby Hamilton Haldimand Stoney Ancaster Caledonia Cayuga Creek Dundas Dunnville
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com
HAMILTON
HAMILTON
inthenews
DEMAND FOR ASSETS UNDERSCORES HEALTHY COMMERCIAL REAL ESTATE INVESTMENT IN CANADA, US AND UK
D
ispositions continue to drive healthy investment levels in most Canadian markets, while the lack of quality product being offered for sale masks investors’ true demand for acquisitions. This situation has prompted some Canadian investors to deploy capital to other countries – especially the U.S., where some markets are seen as being undervalued. In the U.S., improving leasing fundamentals have led to a robust investment environment with sales performance either on par with, or up from, one year ago. These are some of the key trends noted in Avison Young’s Fall 2014 Canada, U.S. and U.K. Commercial Real Estate Investment Review, released recently. The report covers commercial real estate investment conditions in 29 regions: Calgary, Edmonton, Montreal, Ottawa, Toronto, Vancouver, Atlanta, Austin, Boston, Chicago, Columbus, Dallas, Denver, Houston, Las Vegas, Los Angeles, New Jersey, New York, Orange County, Philadelphia, Pittsburgh, Raleigh-Durham, San Diego County, San Francisco, San Mateo, South Florida, Tampa, Washington, DC and London, U.K. “We are seeing stable-to-increasing investment deal velocity, more so in the U.S. than in Canada, because of the pricing differential – although it’s narrowing for core assets in primary markets,” comments Mark E. Rose, Chair and CEO of Avison Young. “I believe that we are at a short-term pricing RentersGuide.ca top in Canada with bigger deals being fewer and farther between.” Rose continues: “However, given the compressed yield environment to date, I believe the next wave of deals will more than
RentersGuide.ca
likely be spurred on by rising interest rates, forcing some overleveraged owners to sell, while others will find that buyers can’t pay what they used to. With all that anxious surplus capital and limited supply, I think there is sufficient pent-up demand in Canada, with a variety of investors waiting to get in at slightly better pricing. This will ultimately result in a re-pricing of commercial real estate assets.” “Investment sales activity in the U.S. continues to benefit from the continued recovery in the economy and improving leasing fundamentals. By and large, office building dispositions drove investment dollar volume in the first half of 2014 to the tune of $38 billion (USD) – a result of improving employment levels and rising rental rates,” says Rose. Avison Young reviewed first-half 2014 investment sales figures for the commercial real estate sector in Canada, the U.S. and, for the first time, London, U.K. In all, 29 markets were surveyed. Rose adds: “We are excited to expand our reporting coverage across the pond, as our firm’s strategy has always been to use London and the U.K. as a major launch pad into Europe, and to service assignments emanating from North America.” Nick Cook, Avison Young Principal and Managing Director of the company’s London and Thames Valley, U.K. offices, states: “London remains a preferred investment destination for both domestic and international buyers. Two main themes are being played out in the marketplace: global investors have been active in the £100-million-plus lot size, whereas domestic investors have been active in the sub-£100million category.” A survey of the office, industrial and retail sectors in London, U.K. revealed that more than £12 billion worth of properties was sold in the first half of 2014 – a 19 per cent increase compared with the same period in 2013. “On the Canadian front, some market observers may look at the firsthalf sales performance as disappointing; however, one has to put the figures into perspective. The $13 billion worth of commercial real estate assets that changed hands in the first six months of 2014 exceeds the slightly more than $12 billion that traded in the whole of 2009 – the trough for sales at the peak of the credit-crisis,” notes Bill Argeropoulos, Vice-President and Director of Research (Canada) for Avison Young. “Despite the year-over-year dip in sales numbers, there is still healthy demand for income- producing assets across the country. With a surplus of capital and premium pricing for select assets, you would expect to see more willing sellers. However, some owners are opting to hold on to their properties given the difficulty of replacing them with similar or better-quality assets. Others, who were part of the buying spree of two to three years ago – for example, REITs – are now focusing on culling RentersGuide.ca some assets as they reinforce their operations, management and leasing Continued on page 16
RentersGuide.ca
Volume 14 Issue 10
15 Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
RE/MAX Land Exchange Ltd., Brokerage Joyce Dudgeon Sales Representative Cell: 519-389-1413
Port Elgin, ON N0H 2C0 www.realestateportelgin.com Office: 519-389-4196 Toll Free: 888-703-3322
Debbie Duplantis Broker Cell: 519-389-7385
PRIME CORNER SITE IN PORT ELGIN • Over 13,000 Sq ft • 6 Commercial units and 3 Apartments • Lot 132 by 231 ASKING $1,200,000
4114_DJW_5000
2 FRANCHISES UNDER ONE ROOF COFFEE CULTURE & UNION BURGER • Highway 21 in Port Elgin. • Building Completely Renovated this Summer • 3500 Sqft ASKING $439,000 4114_DJW_5039
2914_DJW_0044
JUST MINUTES TO THE CAMPUS OF THE UNIVERSITY OF WESTERN ONTARIO The features of this 1 3/4 Storey investment include 5 bedrooms, 3 bathrooms, single detached garage for additional revenue & a Triple ‘A’ location. On the WEST side of Richmond St. Inside features include hardwoods & ceramics. Spacious layout with 3 “common areas” for studying, lower level laundry & newer furnace. Students will feel this is their “home away from home”. The benefits to UWO students is the easy access to campus & the quiet residential area for the serious students what wish to excel. The bus is within a block to Maisonville Mall & many amenities. This property will truly attract the best students! Call me to view anytime.
10630674_2914
VACANT LAND LUCAN Industrial Sites for sale. Located 15 Min. from London Services Available to lot Line M1 Zoning Asking: $35,000 per acre.
EAVAN TRAVERS CCIM Sales Representative
eavan@eavan.ca Tel: 519-649-6000 Advantage Realty Ltd., Brokerage Each Office Independently Owned & Operated
LUCAN-BIDDULPH “LAND, BUILDINGS & BUSINESS FOR SALE”
OFFICE
4114_DJW_1_0024
4 BED RESIDENCE
LONDON
BELMONT • • • •
Old East Village Retail/Office 2,000 sf Main Floor Upstairs - 1-Bed & Bachelor • Asking: $169,000
4114_DJW_6663
Please say you saw it in The Commercial Investor
• Commercial or Residential Use • Single floor 875 sf • Extensive parking • Lot 66' x 132' • Wheel Chair Access • Asking $149,000
4114_DJW_1_0023
10116903_4114
TRUCK WASH
4114_DJW_1_0025
4114_DJW_1_0026
Includes Truck Wash, Offices & 4 Bedroom Home on 3.45 acres. Asking $985,000.
inthenews Continued from page 14 efforts; aim to increase asset value; and create value for their unit holders by recycling capital.” Argeropoulos adds: “Lower yields have led other investors to pursue alternative growth strategies – such as new developments, which offer higher yields; or re-development of existing assets to unlock value, while others have sought investments abroad. All of these factors have tempered domestic investment activity.” The report shows that Canadian investors poured $5.4 billion into commercial real estate in the U.S. in the first six months of 2014. Institutional capital was the biggest buyer group, with Boston and Manhattan the top destinations. Argeropoulos continues: “While there are a myriad of factors driving Canadian investors to U.S. real estate assets, the prospect of higher income growth in primary and secondary markets is seen as being better in the U.S. than in Canada, where income growth is expected to be more modest. Nevertheless, the second half of 2014 looks promising for Canada. Since we compiled our mid-year 2014 Canadian investment sales figures, assets valued at more than $7 billion have been sold, put under contract or listed for sale – and those completed or pending transactions exclude any off-market deals underway.”
A CLOSER LOOK AT CANADIAN COMMERCIAL REAL ESTATE According to the report, the aggregate sum of commercial real estate investment (office, industrial, retail, multiresidential and land greater than $1 million) across Canada’s six major markets slightly exceeded $13 billion (CAD) in the first half of 2014 – down $1.5 billion, or 10 per cent, compared with the first half of 2013. Pension funds and private-equity investors have more than filled the acquisition gap left by some of the REITs. Notable report highlights include: • Large office and retail portfolio and single-asset sales (>$100 million) propelled Toronto to the highest dollar volume ($5.6 billion / 43 per cent share) in the first half of 2014, though sales were down 14 per cent year-overyear.
• By asset class, office buildings ($3.3 billion / 25 per cent share / +2 per cent) were high on investors’ lists. Noteworthy office sales included Centre 10 ($274 million) in Calgary and Simpson’s Tower ($410 million) in Toronto. • Retail saw the greatest improvement over 2013 investment levels ($2.9 billion / 22 per cent share / +25 per cent), highlighted by the sale of Bayview Village Shopping Centre ($505 million) in Toronto. • Land sales dipped 13 per cent to $2.8 billion (21 per cent share), but were prominent among the top five sales in terms of price in Edmonton, Calgary and Ottawa; while industrial (the first- half 2013 leader) posted $2.3 billion (-36 per cent / 17 per cent share) in trades. South Burnaby Corporate Centre ($48 million) in the Vancouver area was the top industrial deal. • Multi-residential sales ($1.8 billion / 14 per cent share) dropped 19 per cent nationally, but more than doubled in Vancouver, highlighted by the Boardwalk REIT BC portfolio sale. Noteworthy multi-residential deals also showed up in Edmonton, Montreal, and Ottawa. • Capitalization (cap) rates across six markets and five property types were flat, or marginally lower than one year ago, with multi-residential properties having the lowest yields. While Vancouver remains the most expensive market overall, it was challenged by Calgary and Toronto for select product types. Avison Young is one of the world’s fastest-growing commercial real estate services firms. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 1,600 real estate professionals in 60 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family properties. Visit www.avisonyoung.com for the full report
• Vancouver ($2.3 billion / 18 per cent share) recorded the greatest year-over-year improvement (+16 per cent). • In Alberta, land sales lifted Edmonton’s six-month tally ($1.7 billion / +6 per cent / 13 per cent share), while office replaced land sales in Calgary ($1.4 billion / -36 per cent / 11 per cent share) from one year ago. • Despite multi-residential transactions driving Montreal ($1.4 billion / 11 per cent share), sales fell short (-9 per cent) of the 2013 tally, while Ottawa managed only $545 RentersGuide.ca million (-12 per cent / 4 per cent share) in sales.
RentersGuide.ca RentersGuide.ca
Volume 14 Issue 10
17
519.797.5500 Cell. 519.374.4448
Harold Fenlon
email: h f e n l o n @ b m t s . c o m www.haroldfenlon.ca
One of McIntee’s Top 3 Salespersons
Bus.
Southampton
Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
Broker
MULTIPLE LISTING SERVICE
NE W
LIS TI NG
8297239_4114
k.ca/251550
tours.photolink.ca/251550
POPULAR MOTEL NEAR BEACH $560,000
Well maintained motel just steps from sand beach. 15 rooms, A/C, some housekeeping units with sitting areas. Many upgrades; newer beds, fridges, exterior paint. Some newer TV’s. All plumbing updated. Willing to discuss part interest in the business. Call for details. 4114_DJW_0011 4114_DJW_0012 4114_DJW_0013 4114_DJW_0014
11007505_4114
Dave Spencer SAL E S RE PRE SE NTAT I VE
62 1st Avenue South H: Chesley, Ontario N0G 1L0
519.363.2410 PHONE: 519.363.3726 davespencer@bell.net
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.
HEART OF DOWNTOWN
$120,000
4114_DJW_0017
2,000 square foot retail space with great window display and rear loading area. Two residential units upstairs for extra income. Good investment opportunity. 4114_DJW_0018
EXCELLENT OPPORTUNITY OPPORTUNITY FOR THE ENTREPRENEUR EIGHT UNIT INVESTMENT
$145,000
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. Chesley's downtown core.
4114_DJW_0019
Former gas station, auto repair facility and convenience store in great location. Attached home needs some TLC.
$100,000
4114_DJW_0020
Please say you saw it in The Commercial Investor
2 commercial units and 6 residential. Great location with parking. Building is in good condition.
$149,000
4114_DJW_0021
HAMILTON
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
HAMILTON SECTION COVERING:
Grimsby Hamilton Haldimand Stoney Ancaster Caledonia Cayuga Creek Dundas Dunnville
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com
Volume 14 Issue 10
19
Commercial Real Estate & Business Opportunities
8171399_4114
RE/MAX Escarpment Realty Inc Brokerage
Valuable 10.06 ac comm. prop in E. Hagersville. 60-90 mins S. of Toronto. Incs 3 bldngs - BLDNG#1-14.000sf w/20 offices, 5 baths, 3 kitch - 3 sep. security zones-incs 4000 sf htd warehouse. BLDNG #2-9400sf-7 bays, ULoffices-rented to quality tenant. BLDNG#3-1800 sf + 1300sf lean- to. Huge pvd lot. Enviro reports avail. Zoned MG. Showings by apptmt only. 3314_DJW_1_0071
3314_DJW_1_0072
120 MOHAWK POINT LANE, DUNNVILLE $799,000 Rare 56.7ac L.Erie pnt w/14cottage rntl business,10 yr bung, sev brns/ outbldings, 45ac. wrkble (rented). Maj. of cottages positioned at sea lvl w/ access to owned beach+rented to est. clientele @ per yr basis. Clean home is perched on bluff offers panoramic lake views- ftrs 3bdrms,1.5 baths, OC livrm/ dinrm/kitch w/WO to lake fcng dck-inc full bsmt.
Prime Retail/Comm. property in the centre of dwntwn P. Dover. Sit. on 66'x325' lot-inc ext. renoed brick/stone building, 2 garages (62'x28') (22'x31') w/5 bays, fts 4800 sf retail storefrnt, updtd roof covering, HVAC, electrical, plumbing, display windows-UL 2 bdrm aptmt-$1200/ mnth+utes. Superbly priced! 3314_DJW_3_0044
3314_DJW_1_0073
COMMERCIAL/INVESTMENT POTENTIAL IN JARVIS Rare .79 ac plan of subdivision approved parcel of developed land. All services at or near lot line. Allows for const of 24 unit condo res complex comprosed of 6-1000 sqft units/flr. Outside pkg for 38 vehicles. Buyer resp for all charges/permits/due diligence pertaining to future use. Survey 3314_DJW_1_0082 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.
113 MAIN STREET, JARVIS $289,000
#2 el 00 rc ,0 Pa 299 $
P $3 arc 99 el ,0 #1 00
4114_DJW_2_0074
334-338 MAIN STREET, PORT DOVER $479,000
Calling all developers/contractors/investorslrg 5.2 ac parcel of comm. zoned land loc. at N. end of Jarvis. Irreg. shaped lot w/ ex. visual exposure+mat.tree lined side/rear boundries. Flat accessible site w/mun. water, mun. sewers, n/g, hydro, telephone+cable at or near lot line. Poss. to rezone for residential exists. Buyer to verify permits.
3314_DJW_1_0081
14 ROBINSON ST, SIMCOE $169,500
1227 MAIN STREET E, HAMILTON $157,900
Become your own boss! Afford. comm/res. prop. offering hi-traffic visibility in ex. local. Incs. 1500 sf retail unit w/lrg display wndws, inviting vintage cooper entry dr, 2 pc bath + kitchenette. Sep 1000 sf res. unit w/2 bdrms, updtd bath, Elkitch+bsmnt. Sep. water/sewer/hydro meters. Note-1 furnace(can be isolated),m new roof -13. Buyer to verify. 4114_DJW_0062
Great mixed use property offers a hi-exposure street lvl comm unit with long term tenant in place & 2 res units on the upr lvl. 1 bdrm currently rented out & freshly reno'd 2 bdrm that is available for rent. Parking in the rear produces income.
3314_DJW_1_0091
95 QUEENSTON ROAD, HAMILTON $119,900 Turn key pre-owned auto sales biz. 13 yrs at current location (18 yrs total) lease incs 50' x 100' paved lot, 10' x 20' htd office trailer - long term lease available. Price incs approx. $90K of pre-owned cars (sold certified @ wholesale price), phone #, clientele lists, ext. signage. No P & L/ No VTB. Lrg inventory = instant cash flow. 3314_DJW_1_0007
Please say you saw it in The Commercial Investor
Hamilton
4011 HIGHWAY 6, HAGERSVILLE $1,975,000
20
Commercial Real Estate & Business Opportunities
Volume 14 Issue 10
Hamilton 11236833_4114
Please say you saw it in The Commercial Investor
Volume 14 Issue 10
21
Commercial Real Estate & Business Opportunities
10339498_4114
11277225_4114
Hamilton
PROTECTING INVESTORS SINCE 1988
For
Further inFormation:
John hryczynski Broker
(905) email:
REAL ESTATE BROKERAGE CommerCial
John@BBsrealty.com
www.BBsrealty.com
commercial real estate
real estate sales and leasing serviCes MIXED USE BUILDING FOR SALE
WEST HAMILTON Prime West Hamilton area, corner location with excellent exposure and high traffic. Mixed use building consisting of 2 ground floor retail units and 5 apartments, fully leased, long standing tenants. Building is in good condition with rear parking. Asking price is $899,900, call for income details.
WEST HAMILTON/DOWNTOWN Prime West Hamilton Downtown Entertainment District location. Excellent mixed use investment. Splendid Victorian building with loads of character. Many recent renovations. Building contains 3x2 BR & 1 Bach res. & 2 vacant comm. units suitable for a restaurant & other retail/office uses. Attractively priced with a potential 8%+ cap rate. Possible VTB available. Call for details.
INVESTMENT PROPERTY FOR SALE
BUSINESS FOR SALE
RETAIL/OFFICE FOR LEASE
4114_DJW_0104
EAST HAMILTON - MIDTOWN Retail and residential investment property in mid-town area. Located on busy Main St. Excellent exposure. Building has 3 retail units & 2+1 bdr. apt. Ideal for Owner/User. 2673 sq ft retail unit available for owners use or Lease. Retail units have full usable basements. Apartment requires upgrades. Possible VTB mortgage. Current Proforma net rent est. $57,871. Priced to sell at only $599,900.
4114_DJW_3_0066
WEST HAMILTON Prime West Hamilton location, close proximity to McMaster, Locke St. district & downtown core. A rare property assembly with 3 street frontages. The property includes 3 single family homes, 3 attached buildings, 2 semi's and a large lot. The Secondary Plan recommends medium density street related mixed use development. All units are vacant and can be rented until the development begins. Properties may be sold individually. Call for details. 4114_DJW_2_0110
4114_DJW_1_0002
4114_DJW_0103
MIXED USE BUILDING FOR SALE
4114_DJW_1_0001
DEVELOPMENT SITE FOR SALE
529-5900 x 240
170 SILVERCREEK PARKWAY NORTH, GUELPH PRIME WEST HAMILTON AREA A rare opportunity to purchase this trendy, hip and cozy popular Located on a major arterial road across from Willow West Mall. Coffee Shop located in the sought after Locke Street Business Many national tenants on this power retail strip. Available space: District. Turn-keyed operation with good upside potential for a Unit 2-2151 sf, end cap unit ideal for variety store; Unit 6-3400 sf, savvy entrepreneur. Franchise ready concept. Owner will train ideal for bar/restaurant or most other retail/office uses and Unit if required. Attractive low rent, long term lease. Immediate 7 - 4555 sf, divisible, ideal for most retail/office uses. Affordable possession. Asking only $109,900. Confidentiality agreement rents, asking from $12.95 - $13.95/sf net. Abundant parking, immediate possession. Call for details. required. Call for details.
Please say you saw it in The Commercial Investor
Commercial Real Estate & Business Opportunities
Volume 14 Issue 10 9742018_4114
22
Cosmo Costa SALES REPRESENTATIVE
4114_DJW_0032
4114_DJW_1_0140
STATE REALTY BROKERAGE
4114_DJW_1_0155
Your Investment Property Specialist
4114_DJW_0036
4114_DJW_4_0019
Centrally located 15 unit apartment bldg. All brick construction. Newer roof, windows. Tenants pay hydro. Gross income $135,598. N.O.I. $91,621.
Newer building with 7 apartments. Tenants pay heat and hydro. Ample rear parking. Gross income $63,600 N.O.I. $47,000. For information contact exclusive Sales Representative Cosmo Costa
Corner property consisting of commercial unit w/4-2 bedroom units, 5 hydro meters. Gross Income of $81,900. N.O.I. $65,522. Contact Exclusive Sales Rep, Cosmo Costa 905-662-6666.
www.cosmocosta.ca
PRINCIPALS ONLY PLEASE
13 UNIT BLDG, All Brick Constr. Newer Windows, Roof. Tenants pay hydro. Gross income of $123,000. N.O.I. $80,232.
CENTRALLY LOCATED 10 UNIT All Brick Constr. BLDG consisting of 6-1BR, 3-2BR & 1 Bachelor. Some parking, separate meters. Gross income $68,280. N.O.I. $51,889.35
CALL 905-662-6666
William Hicks sales representative
williamjoelh@gmail.com Office: 905-335-3042 Ext 579
Burlington Golden Horseshoe
Office - Industrial - Retail
FREE STANDING MEDICAL/OFFICE BUILDING FOR LEASE
BurlOak real estate services BrOkerage INDEPENDENTLY OWNED & OPERATED BROKERAGE
CORNER VACANT COMMERCIAL LOT - FOR SALE
3314_DJW_0092
3314_DJW_0090
Hamilton
Centrally located Duplex. 4 bedroom and bachelor with a large garage that fits 6 cars. Many recent updates.
Very well maintained free standing office building. Currently used as medical wellness clinic. Great for most office users and medical with lots of parking. Approx. 2400 sq. ft. Private offices, kitchen, reception, multiple entry points for different departments. Net lease, tenant responsible for all operating costs. Landlord is installing new shingles this summer. The property was completely renovated to medical office space in 2009. Basement can be utilized for storage. Tons of exposure on main Burlington road, and directly beside Tim Hortons. Call William Hicks at 905.335.3042
Prime 107.40' x 205.12' (.5ac) Commercial corner vacant lot in dynamic area of West Burlington. This area in the heart of "Aldershot Village" is undergoing rapid re-development and intensification. Very close to the Hwy 403 access to major highways, serviced by municipal & provincial public transit services. This area is targeted for intensification in keeping with the Provincial Smart Growth mandate for the City of Burlington. The Zoning MXC - 175 allows for a wide variety of retail, commercial & offices uses. Excluded are all Residential uses & Supermarket/Grocery stores in excess of 1800 m2. Call Robert J. Lyons (Broker) at 905.335.3042. 11287063_4114
Please say you saw it in The Commercial Investor
Volume 14 Issue 10
23
Commercial Real Estate & Business Opportunities 8646600_4114
Tim Mattioli Sales Representative
STATE REALTY BROKERAGE INDEPENDENTLY OWNED AND OPERATED
Office: 905-575-5478
Cell: 905-979-6428 Toll Free: 800-468-8896
G IN
O UR C O M
M
FOR OVER 40 YEARS
905-574-4600 ANCASTER
Profitable take out business with full kitchen $79,900 – MLS® H3141899
SER V
987 RYMAL ROAD EAST HAMILTON, ON, L8W 3M2
Independently owned and operated
ITY UN
Escarpment Realty Inc. Brokerage
ReMax Escarpment Realty Inc, Brokerage
GEORGE KYPRIANOU
SALES REPRESENTATIVE
ANCASTER
East mountain road house long established $188,000 – MLS® H3136037 Hamilton
West mountain salon, very good clientele, and location only $54,500 – MLS® H3139179 Limeridge Mall area space ideal for medical or professional use $10.75psf – MLS® H3139259
SPACE FOR LEASE
11291120_4114
Queenston Rd office space 900 sq ft $11.00psf – MLS® H3140237 York Blvd “COOL” office space $13.50psf – MLS® H3140980
Located on Garner Rd West just beside the Egg and I in a strip plaza. High traffic. Lots of potential for any commercial business, retail, office. 3000 sq ft. To view call George Kyprianou at 905 974 4600. 4114_DJW_0073
Lynn Page Sales Representative
Escarpment Realty Inc. Brokerage Independently Owned and Operated
860 Queenston Rd., Suite A Stoney Creek, ON L8G-4A8
Tel: 905-545-1188 Cell: 905-730-9591 REHEARSAL STUDIO AND MUSIC RETAIL BUSINESS - HAMILTON
11289475_4114
IDEAL RESIDENTIAL DEVELOPMENT
$75,000
$389,900 Residential redevelopment space zoned H at the front of the lot zoned E at the rear portion of the lot survey available. Ideally suited for loft style condos with abundant parking. Exposed brick and wood and beams in the original portion of the building. Concrete block office building added in front and current parking available at rear. Recent roof & HVAC. Very tall 10 ft bsmnt in rear of bldg. 2 yr old rf most sheeting & new membrane opportunity for loft condos/rental units. 4114_DJW_1_0139
Rehearsal studio and music retail business established since 2005 owner retiring. Five rehearsal rooms, work shop space retail area. Make your mark on the Flourishing music scene in Hamilton. Possible to incorporate a recording studio into the space. Retail space could be expanded into the workshop area. Owner is available to stay on and train. Currently a cash only business atm available on-site debit and credit not currently accepted. Purchase price includes LOUSMUSiC.com website All chattels necessary to operate rehearsal business and all retail inventory. 4114_DJW_2_0078
Please say you saw it in The Commercial Investor
24
Commercial Real Estate & Business Opportunities
Volume 14 Issue 10
THE IMPORTANCE OF ENVIRONMENTAL ASSESSMENTS. Dino Nicosia, Broker of Record - Investpro Realty Ltd.
8171452_4114
Hamilton
I
f you are not familiar with Environmental Site Assessments and their importance, this article will help you understand why and how it can impact your property. Never before have environmental assessments impacted property values and their salability as we are experiencing today. More and more Buyers and Lenders are requesting a Phase 1 (ESA) before investing and engaging in a deal. Unfortunately in many cases a Phase 1 Environmental Assessment will lead to a Phase 2 Environmental Investigation. Let’s begin by understanding the process and how each phase works. The purpose of the Phase 1 Environmental Site Assessment (ESA) report is to identify potential
site contamination through a process of collecting current visually accessible evidence on the site and the reviewing of background documents. In Phase 1 Environmental Site Assessment, no laboratory testing, sample gathering, intrusive investigation, or physical analysis is required. A Phase 1 ESA is only intended to reduce but not necessarily to eliminate the possibility of potential contamination on the property. It will inform of any potential contaminants and environmental concerns. The Phase 1 Environmental Site Assessment is mostly required when purchasing a commercial or investment property, in order to minimize liability risks as a result of contamination. The request may come from the purchaser, for his peace of mind, or the mortgage lender that finances the purchase.
Please say you saw it in The Commercial Investor
25
Commercial Real Estate & Business Opportunities
The lender in particular is interested in the results because they will hold much of the risk. There are four principles involved in the Phase 1 Environmental Site Assessment process: • A records review in order to collect data on historic activities on the site and neighbouring properties. • A site visit to identify any visual evidence of actual or potential contamination (for example, an underground oil tank, or asbestos pipe insulation). • Interviews with site personnel, government officials and third parties, in some cases. • Evaluation of the information and reporting of the findings and conclusions. Should there be any evidence (even remote) that contamination could be on the site, then a Phase 2 Site Assessment will be recommended.
Sampling protocols must follow Ontario Ministry of the Environment guidelines, or, where appropriate, federal (Canadian Council of Ministers of the Environment) and/or other customer-specific requirements and protocols. If results indicate that contaminants above the legal limit exist on the property, then the big questions are: 1. How much to clean up? It could be a very large bill? 2. Who pays for it? This is where it gets complicated and in some cases very costly. The Buyer will more than likely place the onus on the Seller to remedy and will probably walk away from the deal. The Lender or Finance company will not fund the mortgage until the property passes all the tests. Has your property been assessed? If not, it will be just a matter of time!
Phase II Environmental Site Assessment (ESA) The objective of a Phase II Environmental Site Assessment (ESA) is to define the nature and extent of any environmental impacts at a site through an intrusive sampling program. The typical scope of work may include: o collection of soil, groundwater, surface water, sediment and/or vapour samples; o chemical analysis of samples for relevant parameters; o surveying the site and establishing groundwater flow direction; o determining the appropriate criteria to which the results must be compared; o interpretation of data, possibly including modeling, qualitative risk assessment, or development of a Conceptual Site Model; o preparation of a clear, comprehensive report documenting the findings and presenting a conclusion regarding the environmental condition of the site.
Please say you saw it in The Commercial Investor
8171394_4114
Hamilton
Volume 14 Issue 10
26
Volume 14 Issue 10
Commercial Real Estate & Business Opportunities
9558936_4114 VMYSL
InvestPro Realty Ltd.
Specializing in Multi-Residential Listing and Sales “Your Investment Partner for Life”
Dino Nicosia, Broker of Record
Kandy Thompson,
Sales Representative
Direct: 289-244-5627 Email: kandy@investprorealty.com
Direct: 905-870-5852 Email: dino@investprorealty.com
8 CONDO TOWNHOUSE COMPLEX, EAST HAMILTON
20 UNITS, NEAR GAGE PARK
Hamilton
A OM TR FR NA EX E TEN M N CO A IN OF O R
W NE
Mostly senior tenants. Rents have great upside. For more details, visit our website or email Dino Nicosia. 4114_DJW_2_0073 7 UNITS IN STONEY CREEK RE RA A FIND
www.investprorealty.com
E IC PR
Good condition and location. Rents below market for the area. For more details visit our web site. 4114_DJW_2_0112 SINGLE FAMILY RENTAL OR LIVE IN
TRIPLEX, SOUTH CENTRAL HAMILTON
T ES W UR AR BO NE AR H
T EA ION GR DIT N CO
Large lot with garage. Most units renovated with private decks. Fantastic income. For more details visit our website.
4114_DJW_1_0060
24 UNITS, LONDON
46 UNITS, DUNNVILLE
19 UNITS, HAMILTON
R R/ FO TO R L C O EA A T ID NTR OVA N O C RE
H RT IVE WOE DR TH
East Hamilton near Ottawa St. shopping district. Visit our website for details. 4114_DJW_1_0059
D TE VA ION O S N N RE MA
2114_DJW_1_0110
4114_DJW_0049
12 UNITS, HAMILTON
T LID EN SO STM E INV
30 minutes from Hamilton. Only 8 years old. For more details visit our website.
Rents below market. Shows well. Great upside. Visit our website for more information.
4114_DJW_1_0057
4114_DJW_2_0071
RENOVATED RENTAL HOME
DUPLEX, HAMILTON
ER ED LL AT SE TIV O M
Great condition and location. Renovated, spotless building. Never any vacancy. Safe investment. Visit our website for 4114_DJW_1_0054 details.
4114_DJW_0089
Good cash flow. Legal Duplex, with great cash flow. Visit our website for more4114_DJW_1_0093 details.
“Ready to invest?...you deserve the best” Please say you saw it in The Commercial Investor
Volume 14 Issue 10
27
Commercial Real Estate & Business Opportunities
Visit my website
Augie
276 Main St. W. Hamilton, Ontario (just West of Queen St.) L8P 1J8
Ammendolia BROKER
905-518-6713 Off: 905-522-6001
HAMILTON CENTRE - COMMERCIAL/ RESIDENTIAL BLDG.
$1,295,000
Great location. 12,000 SF - 6 commercial units at Ground Flr plus roof sign & 8 apt units above with separate heat & hydro constructed approx. 20 yrs. ago. Ground flr. Commercial includes fully equipped restaurant to be leased & laundromat operated by owner. Part of possible land assembly 752 King Street East and 734 King Street East presently for sale. Close to downtown. LOT 3714_DJW_2_0084 SIZE: 107.3 FT X 158 FT.
NEXT TO HARVEY'S/ ACROSS FROM CENTRE MALL
$894,000 Great opportunity for owner/user. Approx. 4,000 sq. ft. on 2 floors directly across Centre Mall - Box Stores, adjacent to Harvey's. Opportunity for various uses, restaurants, Medical offices etc. Ample parking approx. 34 cars. High traffic flow.
3714_DJW_1_7005
WELL ESTABLISHED HAMILTON BAKERY (BUSINESS AND REAL ESTATE)
HAMILTON DOWNTOWN DEVELOPMENT SITE
$1,295,000 Prime corner development site with building suitable for redevelopment to retail plaza & or high rise development. Can be purchased with adjacent property 756 King St. E. Pls. contact Augie for additional information on the proposed development.
RESTAURANT/BAR/ DEVELOPMENT OPPORTUNITY WEST HAMILTON
$597,900
Great Redevelopment Opportunity on this corner commercial property in Prime West Hamilton location near McMaster Hospital and University. Presenty a 48 seat Restaurant/Bar coffee establishment with outside patio. Owner retiring price includes Land. Building and Chattels. Asking price includes Real Estate and business. Pls. contact Listing Broker Zoning, Survey and floor 3714_DJW_1_0049 plan information.
$575,000
3714_DJW_2_0105
$389,900
HAMILTON CENTRE DUPLEX
SOUTHWEST HAMILTON - SHARP DUPLEX
$497,900 NEWLY LISTED!!! 1 & 2 bdrm units. Close to downtown and trendy Locke St. business district area. Major improvements, newer i.e. boiler, AC units, bathrooms, kitchens. Currently occupied by excellent tenants. Separate hydro meters. Rear parking plus single car garage.
3714_DJW_0059
WEST HAMILTON 6 PLEX
$997,700 Charming 6-Plex in great Southwest location. 6 - 2 BR units. Extensive renovation to each unit, baths, kitchen, flooring. Possible professional use. Please contact Augie for financial information.
3714_DJW_1_0125
HAMILTON CENTRE 8 UNITS APT. BLDG 2 Family home. Main floor rented at $1350 monthly all included and lower level rented at $700 monthly all included. Close to downtown near vibrant Barton Street merchant boulevard. Please give 48 HR prior notice for showing requests.
NEWLY LISTED !!! Century old home in trendy East Ave S, Stinson neighborhood, near Stinson School Lofts. Charming olde world character, marble fireplace in Living Room, high ceilings. 1st floor 4 BR Apt, 1 BR Apt upper level and Bachelor in basement.
$895,000
11 unit apt. building (6-2BR, 5-1BR) in trendy South Central location, walking distance to downtown, shopping, parks. Many upgrades: 2 new boilers ‘02, newer commercial water heater, thermo windows, newer roof steel overhang, new roof in 2014 separate hydro meters. Tenants pay hydro. All rents currently charged below market value by $100 to $150 per month 3714_DJW_1_0042 approximately.
3714_DJW_1_0083
In operations for over 60 yrs presently known as Gibson Bakery, fully equipped distributing to major retailers. Opportunity for new entrepreneur to take business to a new higher level. Close to Sherman Ave N and Barton St. The once "Little Italy" of Hamilton now enjoying new Renaissance of new business and development. Price includes business, equipment & real estate. Owner occupied 3 BR house. Approx. 5,000 sq. ft. Turn key 3714_DJW_2_0078 operation.
CENTRAL HAMILTON TRIPLEX
HAMILTON CENTRE 11 UNIT APT. BLDG.
3714_DJW_1_0055
Please say you saw it in The Commercial Investor
Charming 8 unit building. Newer roof, gas water heat boiler, garage, 8-2 br. units, 6 of the 8 units have hardwood floors, dining rooms and balconies separate hydro meters. Tenants pay own hydro. Two apt. units at basement have been completely renovated. Balconies comeplety fixed & restored last fall. Three units have been updated with new kitchen cabinets and 3714_DJW_4_0044 bathroom fixtures.
ING M O C OON S
8471320_4114
HAMILTON INCOME PROPERTIES
Hamilton
Cell:
28
Volume 14 Issue 10
Commercial Real Estate & Business Opportunities
Pat & Deborah Rotella Sales Representatives email: rotella@royallepage.ca
STATE REALTY BROKERAGE
905-662-6666 | 1-877-574-7441
INDEPENDENTLY OWNED AND OPERATED
11272459_4114
FRUITLAND ROAD, STONEY CREEK
FLAMBOROUGH HOBBY FARM
10 Acre with 3 Br home w/double garage, Barn & Storage Building Located on Highway #8 near Highway#5 (Peters Corner) home is rented for $1400/M plus Utilities, the sign is rented for $300/M. Over 488’ of frontage, this property also includes a well, pond & lots of trees. Excellent private location but close to all amenities and all major highways. DOWNTOWN BINBROOK COMMERCIAL SPACE FOR LEASE
Approx 2000 sq feet for lease. Located at the corner of highway #56 & Binbrook Road. Building currently being renovated and ready for spring 2015 occupancy. Can be devided to suit. Many allowable commercial uses and great location with excellent surrounding businesses. Call for more info. 11273535_4114
Hamilton
40' X 515' fenced lot with 32' x 24' heated shop/garage. (Located between Barton Street & Q.E.W.) Excellent high exposure location across from new busy plaza with Esso Gas Station & TIm Hortons. Zoned M3 with many permitted uses. All services 4114_DJW_0109 are available. Call for more information.
AL IS YOUR #1 CHOICE!
SEARCH FOR AL ON
FOLLOW US ON FIND US ON
FOR SELLERS & BUYERS SEARCH ONLINE @ REALTOR.CA OR GET THE APP! (FOR SMARTPHONES)
DIRECT LINE VISIT
www.alcosentino.com
ESCARPMENT REALTY INC. BROKERAGE INDEPENDENTLY OWNED & OPERATED
al@alcosentino.com CENTRAL HAMILTON
Approx 2200 sq ft w/ restore area, paint spray booth area (hard to get licence) body repair area. Front compound/ office. Rear garage door access & more. “Make Al your #1 choice!”
“AMAZING NEW WORK PLACE”PLACE”
449,997
$
OR TRADE/ CASH
Perfect residence & professional office, contractor, hobbyist, lots of space. Large carport. Huge 2 car garage w/steel beam. Al is your #1 choice!
4114_DJW_5001
EAST HAMILTON
Over 4000 sqft of space. Great for storage or working area and office above. Approx 2300 sqft of warehouse garage, 12 ft door. “K” industrial zoning. Al is your #1 choice!
EAST MOUNTAIN
329,997
$
OR MAKE Massive 2.5 stry brick. Used as 4 units. 4 hydro meters. Side drive AN OFFER & 2 car garage/wkshop. Walk to General Hospital, Shopping, Bus, etc. Al is your #1 choice!
4114_DJW_0048
“AMAZING CORNER FOR PROJECT”
219,997
$
OR BEST OFFER 4114_DJW_0047
“AMAZING BODY BUSINESS”
CENTRAL EAST HAMILTON “AMAZING INCOME PROPERTY”
SOLD R TO INVESTO “AMAZING PERSONAL/ INVESTMENT”
905-570-9997
1-855-570-9997
EAST HAMILTON
EAST MOUNTAIN
“AMAZING UNIQUE CORNER”
TOLL FREE
499,997
$
Corner exposure high traffic OR TRADE/ used as car lot or for many other CASH uses. Zoned “H” Commercial 145 x 100 development project. Ask for Al’s online marketing today. 2514_DJW_2_0066
199,997
$
OR MAKE AN Used as 3 residential units. 2.5 OFFER
stry brick. Newly finished in-law suite (vacant). 200 amp breaker, newer windows, approx 6 yr gas furnace. Rear fire escape. Tim Hortons/Bakery just a walk away! “Al is your #1 choice.” 3314_DJW_0045
$ 479,997 OR SELLER WILL HOLD 1ST MTG 2514_DJW_2_0009
CENTRAL EAST HAMILTON “AMAZING PIZZA BUSINESS”
199,997
$
OR MAKE AN OFFER Pizza business for sale, “City
Pizza”. Specializes in Pizza, Pasta, Wings, Shawarrma, Subs. Licenced for 25 people. Modern setting. High traffic. Excellent business. Al is your #1 choice!
3314_DJW_5001
“CALL AL TODAY, PUT YOUR COMMERCIAL INVESTMENT PROPERTY ON THE MARKET! Please say you saw it in The Commercial Investor
29
Commercial Real Estate & Business Opportunities
1-877-574-7441
DUNDAS - 6 PLEX
8171318_4114
HAMILTON CENTRAL 60 UNITS
LY LD AL SO ION IT ND CO
LY LD AL SO ION IT ND CO
EXCLUSIVE
EXCLUSIVE
EXCLUSIVE Impressive 6-plex in an excellent area of Dundas, close to downtown. 5 - 2 bedrm. Good rental income. Asking price $750,000. 4114_DJW_0093
HAMILTON WEST - 28 UNITS HAMILTON WEST - 47 UNITS
32 - 1 bedrm & 27 - 2 bedrm & 1 baclr. Asking $3.8 Million. 5 adjacent blgs with lots of parking Gross income of $455,000. Existing financing 2.4 Million at 3% for 1 year. 4114_DJW_2_0095
EXCLUSIVE 3 Storey walk up with balconies. Long term investor retiring. 25 - 2 bedrm & 3 - 3 bedrm. Gross income of $296,000. Net income $157,000. Asking 2.55 Million. Buyer to arrange 4114_DJW_0094 financing.
7 storey hi-res. Excellent location close to Hospital. 28 - 1 bedrm & 13 - 2 bedrm & 6 baclr. with lots of surface and underground parking. Gross income $469,000. Net income $245,000. Lots of growth potential. Asking 4.45 Million with 1 Million down. Principals only please. 4114_DJW_0095
moneysense
Make financing your business much easier
A
re you trying to finance a new business? If so, consider these key factors:
YOUR FINANCIAL INVESTMENT: Be prepared to invest your own capital into the business. Most financing ventures, including government financing programs, will need to see a portion of investment coming from you.
are offered through Canada Business Ontario. Call them at 1-888-576-4444 or visit www.canadabusiness.gc.ca. Canada Business Ontario is a service provided through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). For further information on federal economic development programs and services for southern Ontario please visit FedDevOntario.gc.ca, email info@FedDevOntario.gc.ca or call toll free at 1-866-593-5505.
YOUR CREDIT RATING: Lenders will consider your personal finances when you apply for a loan. While it may not be the only factor, most lenders will look at your credit rating as an indicator of how you have repaid financing in the past. Keep on top of your credit and, if needed, take the necessary steps to improve it so you can become more attractive to lenders. YOUR BUSINESS PLAN: This is one of the first things most lenders will want to see. Show them how you plan to implement your business and convince them that you will succeed. Free services that include help with business planning, access to information on financing, plus an array of other business topics,
Please say you saw it in The Commercial Investor
-NC
Hamilton
Volume 14 Issue 10
GREATER TORONTO AREA
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
GTA SECTION
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
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com
Volume 14 Issue 10
31
Commercial Real Estate & Business Opportunities
Platinum Award Winner
SELLING REAL ESTATE FOR OVER 25 YEARS
Bill Morrison SALES REPRESENTATIVE
Direct:
Heritage Realty Inc., Brokerage
905-619-9500
Independently Owned and Operated
TORONTO - RICHMOND STREET
ASKING $2,999,999
Email:
morrisonb@sutton.com CLARINGTON
ASKING $2,900,000
Fantastic office building with lane acess to fenced in yard. 10 car parking. Bathurst and Queen location. Approx. 4000 sq ft office space. Why Lease? 4114_DJW_3_0095
40 acres on Taunton Rd. next to Hwy 407 interchange. Zoned for driving range and 2400 sq ft Pro Shop/Restaurant. Includes gorgeous open concept, 3500 sq ft bungalow. Great for large family. 6 bedrm & 6 bathrooms on park like setting. 4114_DJW_1_0096
BOWMANVILLE
TORONTO
ASKING $3,250,000 Three storey mixed use property. 6 retail and 14 apartments. Comprised of large 2 bedroom plus den and 3 bedroom loft style. Separate meters. Lots of parking on .88 ac. Just listed. 4114_DJW_0113
WEST END
ASKING $568,000 Great investment opportunity on the Danforth Restaurant on main floor and apartment upstairs.
Ave.
Corner
property.
4114_DJW_0114
TORONTO
ASKING $1,469,000
ASKING $2,250,000
Very clean beautiful 6 Plex has 3 car garage plus 5 outside parking. Fully rented. Tenants have own meters. Great location, shows pride of ownership. 4114_DJW_2_0093
Plaza with 8 units on busy Kingston Rd. Corner property. Just listed! 4114_DJW_2_0114
AJAX
OSHAWA
ASKING $2,290,000
ASKING $3,750,000 Beautiful freestanding industrial building with Highway 401 exposure. Very clean warehouse space. 21' ceiling. Over 46,000 SF on 2.2 acres. Vacant. 4114_DJW_0115
Well maintained building. 16-2 bedroom apartment plus 4 retail stores. Apartment have own laundry. Tenants pay own heat and hydro. Lots of parking. 4114_DJW_0116
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
Greater Toronto Area
Toronto line: 416 798 7278
32
Commercial Real Estate & Business Opportunities
Volume 14 Issue 10
Blair Buchanan
Broker
Frank Real Estate, Brokerage
Esther Buchanan
Sales Representative
Independently Owned and Operated
11290887_4114
905-666-1333
THE PARK THEATRE, COBOURG Located on The Main Street in beautiful Downtown Cobourg. The theatre is ready to go. Over 340 seats. Building is approximately 7888 sq. ft. Great opportunity for investor entreprenuer. Property being sold under "Power of Sale"
4114_DJW_0010
LANDLORDS!
BUSINESS OWNERS!
CARE-FREE LEASE PROGRAM
COMMERCIAL LEASE SEMINARS
List your Commercial Property FOR LEASE For only $599!!
(2 DATES AVAILABLE IN OCTOBER) Want to understand Commercial Leases? Register for our FREE Seminar
What you receive:
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If you are a business owner, you cannot afford to miss this opportunity. Currently only 12 seats remaining:
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• MLS Listing • Our Marketing System including space tours & traffic count models • Signs & Lockbox installed • Appointment bookings
Lijoy Ulahannan Real Estate Broker Vice-President, Commercial Highyon Realty Inc., Brokerage
• How to negotiate a Commercial Lease • What are Lease Options • No Money Down Options
350 Highway 7 East, Suite 310 Richmond Hill, ON L4B 3N2 Tel: (905) 597-7702 Fax: (905) 597-7703 www.highyon.com
Please say you saw it in The Commercial Investor
11287244_4114
Greater Toronto Area
$729,000
Volume 14 Issue 10
33
Commercial Real Estate & Business Opportunities
11291133_4114
®
Sales Representative Direct: 416.592.0498 Email: jvella@sutton.com www.jeffreyvella.com
4114_DJW_0101
4114_DJW_0100
GROUP
JEFFREY VELLA
Sutton Group Summit Realty Inc. Office: 905.897.9555
FABULOUS INCOME PROPERTY IN A QUAINT TOWN
Call: Jeff Vella 416.592.0498 – www.jeffreyvella.com 110 BED RETIREMENT HOME GOVERNMENT CONTRACT
Always full because of niche client markets, very flexible accommodation, great building and location. Existing contract with government to house residents. Plans available for major expansion to 170 beds.
$7,650,000. 4114_DJW_1_0080
36 BED DOMICILIARY 37 BED HOSTEL DOM/RETIREMENT HOME GOVERNMENT FUNDED GOVERNMENT FUNDED
Based on the current demographics the town has a demand for a good affordable retirement facility. The current building has an outstanding 22 bed domiciliary facility currently full with a waiting list, + an additional 40 beds are possible in a separate building.
$1,500,000
30 minutes from Ottawa in a thriving small town. Purpose built facility licensed for 36 beds. On-site accomodation for an owner/ operator. County pays approximately $1500 per month per resident. Government funded facility.
4114_DJW_2_0081
$1,350,000 4114_DJW_0072
MICHAEL SHMUKLER, P.Eng, Broker of Record DIRECT: 519-318-1622 TOLL FREE: 1-866-960-6059 SHMUKLER REALTY INC. BROKERAGE
Email: michael@ShmuklerRealty.com
Please say you saw it in The Commercial Investor
11253451_4114
WWW.SHMUKLERREALTY.COM
Greater Toronto Area
Grand home with Commercial Zoning and income potential. Only 30 minutes North of the City. Can be multiplex with separate entrances. Many other uses could include Spa Retreat, Medical, Dental, Professional Offices, Hotel, Hospice Nursing Home, Restaurant, Retail, Private Institutions and Schools. Heated workshop/garage. East/West Wings with income potential. Commercial grade kitchen with stainless counter tops, fridge, 6 gas burner, S/S stove, b/i dishwasher, dryer. All original stained glass. Gleaming hardwood floors, quality workmanship trim and doors. This property really needs to be seen with all of its potential and features. Very spacious approx. 4000 sq ft. Many restorations... Live/Work/Income Potential. Many original and restored details. Plenty of parking.
34
Volume 14 Issue 10
Commercial Real Estate & Business Opportunities 8975448_4114
00 50 $5 00
00
,0 99
00
$3 00
$1
www.mcdadi.ca/535917t
www.mcdadi.ca/2335t
www.mcdadi.ca/1675t
Established fast food business. Busy location in Oakville. Seating for 25. 5 year lease with an option for 5 more.
Established restaurant. 4,800+ sq, ft. Seats 164. LLBO. Lease for 4 years. Option 5 years more.
4114_DJW_1_0029
Please say you saw it in The Commercial Investor
4114_DJW_0027
0
00 ,0 49
60 $1
www.mcdadi.ca/255d Well established sports bar. Indoor seating for 270 patrons. Large patio. 8 year lease with an option for 5 more.
4114_DJW_1_0012
00
4114_DJW_0026
,0
00
4114_DJW_1_0022
www.mcdadi.ca/915q Bakery in the heart of Toronto, Established since 2003. Tons of walk-in traffic. Willing to train & provide trademark recipes.
Prime location with easy access to all major highways. Approx. 1,900 sq ft. 2 baths. Low maintenance fees. 4114_DJW_0028
www.mcdadi.ca/5153t
4114_DJW_1_0011
$5
00 $5 www.mcdadi.ca/1065102c Well established dentistry practice. Corner unit. Fully equipped. Excellent clientele.
,0
,0
00
Medical centre & pharmacy. 1,700 sq. ft. 4 examination rooms. Low monthly fees.
,0
00 ,0
00 ,9 49 $5 www.mcdadi.ca/322e Daycare & learning centre. Turnkey operation. Established operation. Established clientele. 5 year lease with an option to renew. 4114_DJW_0025
4114_DJW_1_0010
www.mcdadi.ca/5133t Industrial signage business. $150,000+ chattels incl. $130,000+ annual profit. Willing to train.
4114_DJW_2_0016
4114_DJW_0024
www.mcdadi.ca/901l Live & work opportunity. Retail store. 2nd floor & basemnet apartments. Individual meters.
$5
$5
50
99
,0
,9
00 ,0 48 $6
www.mcdadi.ca/9914m Established marble/granite sales, installation & service business. High end Skema logic cutting machine.
59
Greater Toronto Area
www.mcdadi.ca/6400m Highly profitable coin laundromats. Dry cleaning & alteration services. Option to renew lease for another 5 years available.
$3
$6 99 ,0 00
www.mcdadi.ca/202v Commercial building with popular Yogurt franchise. 3-storey detached with 6-2 bedroom rental units. Net income $250,000 before debt service. 4114_DJW_2_0005
99
4114_DJW_1_0013
www.mcdadi.ca/310r Waterfront retreat. 2 houses & 4 cottages on 1.35 acres. Heated salt water pool. Zoning for many investment opportunities. 4114_DJW_1_0014
0,
www.mcdadi.ca/16q Perfect corporate headquarters. High profile location. Facing the Gardiner. Minutes from airports.
$8
$4 ,7 50 ,0 00
$2 ,4 99 ,9 00
$1 ,4 50 ,0 00
Sam McDadi Real Estate Inc., Brokerage
4114_DJW_1_0030
www.mcdadi.ca/5920t Independent grocery store. Newly renovated & brand new equipment. Western Union, Fax, Copy & more. 4114_DJW_2_0032
Volume 14 Issue 10
Commercial Real Estate & Business Opportunities
35
$4,750,000
Greater Toronto Area
16 Queen Elizabeth Boulevard, Toronto
11290925_4114
DON’T DELAY. BRING YOUR OFFERS TODAY!
Please say you saw it in The Commercial Investor
36
Commercial Real Estate & Business Opportunities
Volume 14 Issue 10
Greater Toronto Area 8647857_4114
Please say you saw it in The Commercial Investor
Volume 14 Issue 10
37
Commercial Real Estate & Business Opportunities
PLAZAS FOR SALE AAA RETAIL PLAZA - GTA Located at an intersection with the highest traffic flows in GTA. 3.5 acres of land with 25% coverage. Built within the last 15 years. 80% tenants are AAA national chains. Shadow anchored by Wal-Mart and Canadian Tire. Asking $16,000,000 at 5.58% Cap Rate.
YONGE STREET PLAZA IN YORK REGION Located at one of the busiest parts of Yonge Street. 13,000 SF on 1 Acre. No vacancies. All stores fronting on Yonge. Asking $6,400,000 at 5% Cap Rate.
PLAZA ON HIGHWAY 7, RICHMOND HILL Located at a very successful and busy commercial area of Highway 7. With 180,000 SF of combined retail and office space, on 6.1/2 Acres. NOI: $3,000,000. Asking $60,000,000.
QUALITY SHOPPING PLAZA FOR SALE - MISSISSAUGA TORONTO PLAZA, WITH 2 DRIVE THROUGH FAST FOOD CHAINS Located on one of the busiest parts of a major artery in a good area of Scarborough. 2.4 acres of land. Close to a 401 interchange. Asking $5,700,000 (5.3% Cap Rate)
120,000 Sq. Ft. POWER CENTRE IN DURHAM REGION All Tenants Are 3A - $39,000,000. Cap Rate of 5.5%
38,000 Sq. Ft. PLAZA WITH BIG UPSIDE Next to GO station in West GTA. Located at an intersection of two busy arteries. Lots of potential. Projected NOI: 8%. Asking: $10,900,000
PRINCIPALS ONLY TERREQUITY REALTY, BROKERAGE Independently Owned and Operated
Pierre Boiron Sales Representative pierre@rementor.ca
905.882.8800
Claude Boiron Broker claude@rementor.ca 11275155_4114
Please say you saw it in The Commercial Investor
Greater Toronto Area
24,000 Sq. Ft. No Vacancies. $10,800,000. Cap Rate of 5%
Commercial Real Estate & Business Opportunities
Volume 14 Issue 10 10929735_4114
38
Approx 1/2 acre lot w/163’ frontage near business uses in Growing Town Core of Nobleton! An excellent investment opportunity for any builder, developer, contractor to restore this old beauty to her original character & charm, rental w/2 br on main floor + 2 br in-law suite & separate entrance on 2nd floor, or rebuild! Sewers already connected. New survey available! Anne Hilliard* 1-905-859-4477.
4114_DJW_1_4446
Greater Toronto Area
10 Acres in an area of High Growth designated by the province. 2 industrial buildings with a total of 30,000 floor space. Less than 10 minutes to Honda manufacturing in Alliston. Approx 80 inside/outside storage units with excellent cash flow. $2,350,000 Jeff Hummel* or Marc Ronan*** 1-877-435-4336
Fabulous Investment Opportunity with development potential for 11 residential estate lots in Phase 2 of Beeton Creek Estates. On 37.29 acres of prime land & 2 Rd frontages with the Beeton Creek flowing thru the property. Large pond & 5500 sq foot brick & stone plantation style home custom designed wrap around front/back veranda w/gazebo. $1.899,900 Cheryl Vienneau* 1-888-936-4216.
Excellent Location! 2126 Sq Ft Commercial Unit in Barrie’s South End near Hwys 400 & 27, Quality construction & finishes include Showroom, Boardroom, plus Mezzanine approx 28x18 overlooks front entry & industrial space with 10x12 loading door at grade. Ample parking, thousands spent on leaseholds. Excellent location in fast growing South Barrie. $319,900 Leigh-Ann Caron* or Marc Ronan*** 1-888-943-0860
Investment opportunity! 2 bedroom/2 bath condo apt in the adult-lifestyle community of Briar Hill in Alliston. Gorgeous westerly view of the golf course from glass balcony, underground parking spot, memberships available at the Nottawasaga Resort. Currently leased/ tenant would love to stay. Only $219,500! Ann Letts* or Ingrid McNeill* 1-877-435-4336
Local Business Opportunity to be your own boss for only $199K! Busy Cafe and Eatery successfully operating since opening in July/2011. $600,000 +/yr. sales. One of the busiest spots in Alliston. Don’t miss out on this opportunity. Perfectly situated in a fast growing retail location, Big Box stores already in place and more to come. Motivated sellers, try your offer today! $199,000. Colleen Kearns* 1-877-435-4336.
4114_DJW_2_0047
4114_DJW_0055
4114_DJW_0056
Hockley Valley! 78 aces planted w/apprx. 90% seedlings & 10% ready to harvest trees. 100 acres, with building with hydro, planted w/apprx 70% seedlings & 30% ready to harvest trees. Potential to purchase both tree farms or purchase individually and build your custom home and potential income in beautiful Hockley Valley. Priced at $499,900 & $899,900, respectively. Marc Ronan*** 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
4114_DJW_0058
78.5 acres in Central Essa Township. Approximately 60 acres workable. Located near proposed growth in Baxter. CP rail line at back of property. Zoned agricultural. $729,900 Marc Ronan*** 1-888-936-4216 4114_DJW_0061
4114_DJW_0059
Location! Location! Hwy 89 & Airport Road. High profile corner Commercial Property 3600 sq ft on 1.68 acres. Custom built building suitable for business or restaurant & many other Highway Commercial zoning permitted uses. Excellent access and exposure with ample parking. $1,095,000 Marc Ronan*** 1-888-936-4216 4114_DJW_2_0064
4114_DJW_0054
4114_DJW_0057
For Lease. 3 buildings approx. 12,800 sqft on 7 acres. High profile location on Hwy 9 at Orangeville. Highway Commercial zone allowing many permitted uses. 2 buildings heated approx. 4800 sq. ft. Each and quanset hut steel fabric building approx. 3200 sq. ft. Ample parking. Great exposure. $10,000/monthly + TMI Marc Ronan*** 1-888-936-4216 4114_DJW_0060
High Profile Corner Commercial lot approx 3.3 acres in Angus on high traffic Mill Street for exposure. 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! $1,700,000 Marc Ronan*** or Gladys Craine**** 1-888-936-4216
Please say you saw it in The Commercial Investor
4114_DJW_1_4447
Volume 14 Issue 10
39
Commercial Real Estate & Business Opportunities
CHRIS SEEPE BROKER OF RECORD
Dir:
416.525.1558
Aztech Realty, Brokerage 6 Riviera Drive, Concord, Ontario, L4K 2J1
Email: cseepe@aztechrealty.com
11278064_4114
CAN DEVELOP AN 800-HOME RESIDENTIAL COMMUNITY, OR CONVERT TO RESORT, RETREAT, SEMINARY, ETC
HALF-HOUR DRIVE NORTH FROM PETERBOROUGH • 1,450 Acres (7 Land & 2 Water Parcels) BUILDINGS: • 6,450’ Shoreline, Pigeon Lake (Kawarthas) • 28-room (18 BR), 2-storey mansion, about • Many Permitted Uses 7,400 sq ft • Part Of Trent-Severn Waterway • 4-BR modern log cabin • Historically-Significant: Visited By At Least • 4-BR groundskeeper home 3314_DJW_1_0023 2 Cdn. Prime Ministers • Fully-functional farm
WWW.SANDYPOINTESTATE.COM
$11,999,995
FOR SALE - 9 STOREY SEPARATE METERED SIX-PLEXES, PICTON, ON
GREAT UPSIDE POTENTIAL-CONVERT TO AFFORDABLE CONDOS, ADD RENTAL UNITS
GREAT UPSIDE POTENTIAL-CONVERT TO AFFORDABLE CONDOS, ADD RENTAL UNITS • 9 x two-storey six-plexes (54 units) • VTB possible • 18 x 2-BR + 36 x 3-BR • Each unit separately metered and heated • 6.7 acres - plenty space to add more units • Washer/dryer hookups • Income about $404,350 • Only 1 vacant unit • Attractive 1st mort. must be assumed
3314_DJW_3_0024
WWW.AZTECHREALTY.COM Please say you saw it in The Commercial Investor
$3,250,000
Greater Toronto Area
DREAM COTTAGE OR RE-DEVELOPMENT PROPERTY
40
Volume 14 Issue 10
Commercial Real Estate & Business Opportunities
VIC PARK/DANFORTH SUBWAY
TORONTO EAST RETAIL PLAZA
RETAIL/OFFICE BUILDING
EXCLUSIVE - $8,800,000
VE
SI
U CL EX
4114_DJW_1_0151
EXCELLENT MARKHAM INVESTMENT
4114_DJW_2_0077
LEASE - DANFORTH RETAIL/ OFFICE/MEDICAL
4114_DJW_0090
DURHAM EQUESTRIAN PROPERTY
MAIN/DANFORTH SUBWAY RETAIL/OFFICE BUILDING
Private10 acre lot w/3,000 Sq Ft ranch bungalow and equestrian facilities for horse shows/events/boarding! 170X80 heated indoor arena, beautiful tack room, grassed paddocks+++ Close to 11,000 acres Ganaraska Forest. $719,900
Excellent 2,314 sq. ft. Danforth building w/ Retail/Office/Residential uses! Steps to Main subway station w/terrific Danforth exposure and directly across from Canadian Tire! Potential $46,200 gross annual income! $668,800. Call today!
TORONTO - OFFICE/RETAIL SPACE
MARKHAM FREESTANDING BUILDING
VE
SI
U CL EX
1 acre+ of PRIME Markham land! 16th Ave/Markham land! 16th Ave/Markham Rd. Potential redevelopment site!! Ravine property! Industrial & townhomes area! $488,000
4114_DJW_0091
PRIME AUTO LOCATION
Turn key retail/ofice space! Prime location! Danforth Exposure! Potential uses: medical, dental, lawyer, accounting, office +++ Any retail! Beautifully finished w/great lease terms! 2 chairs & approx. 60K in leaseholds at no cost to new tenant! $12/Sq. Ft Net. Call George 416-554-7653 4114_DJW_2_0077
RESTAURANT STEELES/ KEELE
4114_DJW_0092
4114_DJW_3_0074
SOLD LD
SO
Turn-key automotive operation in high traffic Mississauga Plaza! Previous Goodyear location at busy Dundas/Mavis intersection. Beautiful exterior stoe front w/great expsoure+++$23.50/sq ft net.
4114_DJW_2_0075
Own your own restaurant! Established over 20 years! Turnkey operation, 65 seats, LLBO license, and all chattels. Great loction with heavy traffic, business & offices. Open 6 days/wk, 7:00am-7:00 pm. $150,000+ in sales! Call Peter 416606-7882. $64,800
4114_DJW_1_0133
Excellent 1127 square foot office/retail space at Lawrence/Warden! Spacious unit with bathroom, drop ceiling in newly modernized plaza! $14.95/SF Net. 4114_DJW_2_0076
Stunning freestanding building in prime Markham location! Close to Hwy 404/407 at Hwy 7/Woodbine. Approx 17,348 Sq Ft on approx. 1 acre with 45% zoned office space, and $700K in leaseholds. 2 truck level doors, 1 drive-in door, over 20 offices, board rooms++++ Won’t last! $3,588,000
4114_DJW_1_0134
11276658_4114
Greater Toronto Area
Prime Danforth/Vic Park commercial building! 1,888 sq. ft. w/retail & office spaces. Close to subway w/excellent Danforth exposure! Original owners since 1983! Current main floor chiropractic clinic and 2nd floor office! Amazing opportunity for owner/user. $688,000. Call Matt Brienza 647-500-7708
• Retail Plaza with Major Bank as Anchor Tenant • Prime East Toronto Location, Major Intersection! • Over 18,000 Sq Ft! • Two Buildings, 9 Total Units! • Over 1.5 Acres in Prime Area! • Development Potential! • Parking for Over 60 Cars!
Volume 14 Issue 10
41
Igor Chouminov President, Broker of Record
PAII REALTY INC.
Brokerage
416.877.0326 igor@paiirealty.com
11265283_4114
Commercial Real Estate & Business Opportunities
INVESTMENT AND DEVELOPMENT REAL ESTATE
EXECUTIVE TOWNHOUSES FOR SALE IN RICHMOND HILL Exclusive Enclave of only 17 Townhome units, between 2,320 sf and 2,530 sf, high end finishes. Prestigious location in the heart of Richmond Hill. Schools, shopping and transportation within walking distance. Pricing starting at $758,990. Visit Renaissancetowns.ca for more details.
15 UNIT TOWNHOUSE DEVELOPMENT SITE Modern Design: 15 Unit Townhouse Site, 20 ft fronts, from 2000 to 2500 sf, 3 storey, large backyards, upscale neighborhood. Walking distance to shopping, scholls, and transport.
ESTATE LOTS FOR SALE 8 Prestigious Estate Lots for Sale on Exclusive Street in Richmond Hill. Lots over 60 ft frontage, with Depths of over 150 ft, Private Cul-de-sac street. Homes in the Area selling over $2.5M to $3M++,
Priced at $3,750,000
3714_DJW_0100
Lot Prices Starting at $1,100,000. Please call for Details!
3714_DJW_4_0102
3714_DJW_1_0127
COMMERCIAL AND RESIDENTIAL PROPERTY FOR DEVELOPMENT SITE PLAN APPROVED PROJECTS RETAIL PLAZAS AND OTHER INVESTMENT PROPERTIES INVESTORS FOR REAL ESTATE PROJECTS ACROSS THE GTA!
PhaseOne PhaseTwo SiteRemediation Environmental Site Assessments
8297113_4114
For ~ purchasers ~ vendors ~ realtors and lenders
Borehole Drilling Soil Sampling Groundwater Testing
Underground Tanks Asbestos Removal Demolition
~ Fast turnaround to meet closing deadlines ~ ~ Cost effective assessments by experienced environmental scientists ~ ~ Over 15 years of experience assessing Commercial, Industrial & Residential Properties for Brokers, Property Management Firms & Financial Institutions ~ Please call to receive our free report on new changes to environmental regulations ~
905.825.2943 871 Equestrian Court, Oakville
~ Servicing All of Southern Ontario ~ Please say you saw it in The Commercial Investor
Greater Toronto Area
ACTIVELY LOOKING FOR:
Volume 14 Issue 10
Commercial Real Estate & Business Opportunities
HomeLife Cholkan
Ernie Grenke,
Office: 416-236-7711
Direct: 416-567-3225 Email: hlcholkan@trebnet.com
Realty Corp., Brokerage
Broker
11289210_4114
42
P I N CT TA O R N IO
$130,000 EACH
O
7 COTTAGES WINTERIZED
Lake frontage - near Sand Bank Provincial Park. Hot and cold running water. Great retreat on Private family Shangri-La or rent for great income all year. Greater Toronto Area
3314_DJW_1_0061
businesssmarts
Top challenges for small businesses in Canada
O
verhead expenses and taxes are the two biggest challenges facing small business owners in Canada, followed by concerns about pricing and marketing, according to a recent TD survey, which also found that about a quarter of small businesses are concerned about the costs of labour and finding talented employees.
“Small businesses have to deal with a lot of the operational challenges that bigger businesses face, but they can seem magnified for a small business owner who is also trying to operate with a smaller staff,”said Michelle Harvey, assistant vice president, Small Business Banking Product, TD Bank Group. “Fortunately, there are some things that work really well for them, including the service they receive from their financial institution.” Harvey notes that small businesses, which employ between one and 99 people, account for more than 98 per cent of all businesses in Canada. “Two-thirds of small business owners have been with the same financial institution for five years or more, while nearly 80 per cent say they’re satisfied with the service they’re receiving,” she said.“While they tend to choose a financial institution because it provided a good experience with their personal accounts, they stay with it because it meets their business needs and provides good service.”
The TD survey found that service and convenience were the top features small business owners looked for in their financial institution, cited by more than 90 per cent of respondents, followed by the institution’s overall expertise and its knowledge of a client’s business. Only three per cent of small business owners said they were very likely to switch to another financial institution within the next year. “Small businesses are an extremely important part of the Canadian economy, accounting for most of the new jobs created every year,”said Harvey.“Financial institutions like TD work closely with small business owners across the country to help them start, build and sustain their businesses, and that’s good for everyone.” For more information, tools and resources for small business owners, visit https://www.tdcanadatrust.com/products-services/ small-business/smallbusiness-index.jsp About the TD Canada Trust Small Business Poll: TD Canada Trust commissioned Leger Research Group to conduct a survey of 305 Small Business Owners in British Columbia, Alberta, Ontario and Quebec. Responses were collected between September 24 and 28, 2014. TD Canada Trust offers personal and business banking to more than 11.5 million customers, providing a wide range of products and services from chequing and savings accounts, to credit cards, mortgages and business banking, to credit protection and travel medical insurance, as well as advice on managing everyday finances. Visit: www.tdcanadatrust.com. TD Canada Trust is the Canadian retail bank of TD Bank Group, the sixth largest bank in North America.
Please say you saw it in The Commercial Investor
Volume 14 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_4114
4114_DJW_0106
4114_DJW_1_0141
6 Bay Coin Car Wash (2 Truck Bays), coin laundromat and automatic car wash all situated on approx. 3 acre of land to build more commercial buildings for more income. Great income producing business. Located North of Brampton. For exclusive viewing call now. 4114_DJW_2_0140
4114_DJW_2_0142
7 years old. Located just minutes from Mississauga in a highly populated and growing city. Nothing like it for sale. Call for private viewing. Will not last. Asking $2.6 million.
Principals Only
8 BAY COIN CAR WASH & PET WASH
3314_DJW_0143, 3314_DJW_0144, 3314_DJW_0145
4114_DJW_1_0037
URGENTLY Needed for anxious qualified buyer. High volume gas stations and High Volume coin Laundromat. Retail strip plazas. High volume car wash. SELLING!! CALL NOW FOR FREE CONSULTATION Please say you saw it in The Commercial Investor
Greater Toronto Area
State of the art 8 Bay coin wash located in a busy, triple A Toronto location. Built in 2009. Land, building and business all included along with vending dispensers, change machines, security cameras in all the bays and thru-out the perimeter of property with internet accessibility from anywhere. Very little management required. Grounds and equipment maintenance and put cash in your pocket. Asking $2,999,000. Call for exclusive viewing. 4114_DJW_0105
trebreport
GTA COMMERCIAL REALTORS report latest commercial market figures
T
oronto Real Estate Board President Paul Etherington announced that TREB Commercial Network Members reported 6,059,755 square feet of leased industrial, commercial/retail and office space during the third quarter of 2014. This result was up by 5.3 per cent compared to the third quarter of 2013. The amount of space leased was up for all major market segments.
Average lease rate for properties leased on a per square foot net basis (where pricing was disclosed) were up for the industrial and commercial/retail market segments and down slightly for office properties. Some of the increase in average industrial and commercial/retail lease rates were due to a change in the mix and type of larger properties leased this year compared to last. “We have seen solid growth in the Canadian economy recently.
Third Quarter 2014: All Commercial Lease Transactions Total Leased Space for All Lease Transaction Types on Toronto MLS Total Leased Sq. Ft. Q3 2014
Q3 2013
% Change
4,785,958
4,612,119
3.8%
Commercial
678,467
552,303
Office
595,330
Total
6,059,755
Industrial
Some of this growth was based on strong export numbers, particularly as it relates to goods produced for markets in the United States. Export based production is obviously tied to industrial firms, so it makes sense that we saw an uptick in industrial leasing. Consumer spending has also remained an important driver of economic growth in this country. This bodes well for a continued uptrend in leased commercial/retail space,” said Mr. Etherington. Total commercial sales in the third quarter, at 254, were down in comparison to the same period last year, when 279 properties were reported sold. While the number of transactions were down, average selling prices on a per square foot basis (where pricing was disclosed) were up for industrial, commercial/retail and office properties. “By all accounts, the Canadian economy is on a solid footing. However, one component of growth that has lagged is business investment. As consumer spending remains strong and exports improve, the expectation is that business investment will also pick up. In all likelihood, this improvement would include an uptick in commercial property sales,”continued Mr. Etherington. Source: TREB Commercial Division Third Quarter 2014: All Commercial Sale Transactions Total Number of Sales on Toronto MLS Total Sales Q3 2014
Q3 2013
% Change
Industrial
95
99
-4.0%
22.8%
Commercial
105
124
15.3%
588,633
1.1%
Office
54
56
-3.6%
5,753,056
5.3%
Total
254
279
-9.0%
Q3 2014
Q3 2013
% Change
Sales - Price disclosed
Leased square feet - price disclosed Q3 2014
Q3 2013
% Change
2,034,114
2,036363
-.01%
Industrial
93
75
24.0%
Commercial
245,590
189,704
29.5%
Commercial
105
103
1.9%
Office
188,740
194,868
-3.1%
Office
54
46
17.4%
Industrial
Average lease rate - pricing disclosed
Avg. Sale Price Per Sq. Ft. -price disclosed
Q3 2014
Q3 2013
% Change
Q3 2014
Q3 2013
% Change
Industrial
$5.88
$4.98
18.0%
Industrial
$109.04
$91.41
19.6%
Commercial
$19.01
$16.79
13.2%
Commercial
$176.02
$173.41
1.5%
Office
$12.24
$12.41
-1.4%
Office
$243.93
$177.07
37.8%
Volume 14 Issue 10
45
Commercial Real Estate & Business Opportunities
Mounir Saghie BROKER
Sutton Group Heritage Realty Inc., Brokerage
Office: 905-619-9500 Direct: 647-505-9867 E-MAIL: MSAGHIE@SUTTON.COM
DANFORTH
BARRIE **NEW PRICE**
Potential to generate $6,000.00 or more monthly. 2nd floor consists of a legal 4 b/rm apt., main floor has an apt. at rear & b/ment has a legal apt. Roof sign generates roughly $4000.00 annually.
Walk to Downtown and water front. 4 x 1 Bedroom and 3 Bachelor units. Fridge & Stove in each unit. Coin laundry. Net income Approx: $44,900
ASKING $699,000
ASKING: $619,000
4114_DJW_1_7001
TORONTO Prime St. Clair Village. Three 2 bedroom apts. Main unit renovated for luxury living. 2 detached garage plus 4 cars in private drive. 4 separated hydro-meters, h/wood floors, new windows. 4114_DJW_0087
TORONTO
Greater Toronto Area
4114_DJW_0086
6 plex cons. of 2-3 b/drm apts, 3-2 b/rm apts and 1 bachelor, 3-car garage, 5 outside parking spaces. Fully rented, tenants have own meter.
ASKING $1,199,000
ASKING $1,469,000
4114_DJW_0088
LINDSAY 29 UNITS!! 20 Apartments. 10 x 2 Brms & 10 x 1 Brms, PLUS 9 Town Houses, 7 x 3 Brms, 2 X 4 Brms all on 2.36 acres. CAP 6% ASKING: $2,400,000 4114_DJW_1_7003
FOR A SUCCESSFUL SALE AND CLOSING, CALL ME. LET’S TALK. Not intended to solicit those already under contract. Please say you saw it in The Commercial Investor
11274591_4114
Commercial Real Estate & Business Opportunities
Volume 14 Issue 10
11237352_4114
46
Greater Toronto Area
Please say you saw it in The Commercial Investor
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Barrie Collingwood Muskoka North Bay Kawartha Lakes
Paisley Parry Sound Orillia Owen Sound Sudbury Walkerton
Midland Meaford
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com
CENTRAL ONTARIO
CENTRAL ONTARIO
48
Commercial Real Estate & Business Opportunities
Volume 14 Issue 10
PUTTING THE PIECES TOGETHER USE MY EQUITY! THE SPONSOR
Many times developers, investors and/or business owners (hereinafter called the “Sponsor”) are short on capital to get quality deals funded. The banks or other lenders may have shown interest in funding a loan, but need additional collateral in the transaction through credit enhancement, additional income for debt service etc. The marketplace possesses a tried and true method of raising this capital, but not in the conventional way. There are literally tens of millions of dollars of unused capital in the marketplace available for these deals via free and clear real estate that can be unlocked and used by Sponsors to help close those deals. Central Ontario
THE PROVIDER
But why would an entity (hereinafter called the “Provider”), content in ownership of its free and clear property, have any interest in becoming involved in a transaction such as this? There are a multitude of answers why the Provider may wish to unlock this unused or underused equity to further enhance investment yield, change benefits, split partnerships etc. etc. First of all, as a passive Financial Partner, the Provider can use its asset(s) in a number of additional ways, including:
a) Joint Venture; b) Loan or Pledge Title; c) Asset Exchange; d) Create a Mortgage against; e) Etc. etc. The Provider’s increased financial benefits accrue through the exchange of that stagnant equity into a number of interesting optional areas including: (i) Shares in Sponsor’s Development; (ii) Some cash + shares in Sponsor’s Development; (iii) Income producing paper (ie: mortgage(s), preference shares etc,); (iv) An asset class more fitting for the Provider; (v) Many more creative solutions. PROVIDER EQUITY TYPES
First of all, it is noted that the concepts are consistently the same regardless of whether we are dealing with a Provider’s small residential lot or a large multi-national corporation’s head office. Think about these various real property equity options. Cash (naturally), Office Buildings, Mortgages-Notes, Development Land, Home(s), Retail Commercial, Business(s), Resort, Cottage(s), Hotels, Mini-Storage, Motels, Multi-family, Mobile Home Park, Campgrounds, RV Park, Condominium(s), Timeshare Membership, Interval Ownership, Building Lots, Agricultural Property etc. To this can be added personal property etc. etc. CAUTION
(i) Creativity does not replace sound required due diligence by all parties in anticipation that all participants come away with better benefits than previous; (ii) With potential capital gains treatment acknowledged, enhanced creativity and tax planning may be required. Next month we will share a selection of historic, real life transaction closings, through various “USE MY EQUITY” formulas.
By Darryl McCullough CCIM, Broker Since 1972, Darryl has been involved, through institutional, marketing and joint venture vehicles, in acquisition, disposition, finance and consulting of transactions throughout Canada and the U.S.
Darryl McCullough CCIM, Broker Royal Lepage Lakes of Muskoka Realty Phone: 705-641-8052 Darryl@royallepagecommercial.com
Independently Owned & Operated
Please say you saw it in The Commercial Investor
11286082_4114
Volume 14 Issue 10
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Commercial Real Estate & Business Opportunities
SERVING CENTRAL AND NORTHERN ONTARIO
darryl@royallepagecommercial.com chris@royallepagecommercial.com
Broker
705-641-8052
Chris Bedforth Sales Representative
705-706-3993
11286085_4114
HEART OF MUSKOKA
5828 sq ft commercial unit available immediately c/w 2 10' rear doors and store front. Ample parking in high traffic Industrail Park with great exposure. Multitude of uses with M1 zoning. $6.95/sq. ft. Call Chris.
GATEWAY TO MUSKOKA
Prime commercial office location. High traffic and visible location on the southern main entrance. 1000 - 3000 sq ft available. Lease rate $17/sq. ft. + TMI & utilities. New space with lots of parking that can be designed for your specific use. Call Chris.
4114_DJW_0063
JUST LISTED - MUSKOKA BUSINESS OP
4114_DJW_0064
PROFITABLE BUSINESS OPPORTUNITY
$290,000. Bring yourself to the lifestyle. Busy general store, gas bar, 3 bdrm home, spacious yard. Serving the local and cottage markets with many growth opportunities. Call Chris. MLS.
Operational Class A licence quarry and gravel pit, situated in the heart of cottage country Lake of Bays, large creek for water supply, 87 acres, unlimited extraction, large quantities untouched. Engineers site plan maps complete and available.
NEW! 4114_DJW_1_0049
MUSKOKA WHARF- GRAVENHURST
SEEKING OFFERS! OVER 60,000 VISITORS PER YEAR 18 ACRE RESIDENTIAL
NEW - SALE OR EXCHANGE! 40 ACRE "NOW" DEVELOPMENT SITE
SALE OR EXCHANGE!
Two (2) strategically located Commercial Pad Sites totalling 8,300 sq. ft. (3,400 sq. ft. & 4,900 sq. ft.), offered separately or together. Located next to the R.M.S. Seqwun and Grace & Speed Exhibit. A high exposure business location or short tem land bank & resale. Asking $424,000 for both. Seeking OFFERS!
4114_DJW_1_0017
$365,000
MUSKOKA
Prime commercial/Investment property overlooking the falls in Baysville c/w vacant land component with several options for development and a 2 storey rental duplex that is generating a good income now. Zoned C2 Community Core Commercial.
SALE OR TRADE!
4114_DJW_2_0021
$950,000
Great “NOW” multi-residential development opportunity in Town of Huntsville. Zoning is medium density allowing for many possibilities. Sellers are creative and flexible and are willing to consider a joint venture, exchange or partial exchange or will sell by phase with rolling options to purchase balance by phase. Call Darryl for package. 4114_DJW_3_0018
$1,990,000
4114_DJW_2_0023
PRICE REDUCED! A SIMPLE COUPON CLIPPER
LAND LEASE NNN LANDLEASE: 6.7% CAP RATE LAKE ROSSEAU RESORT!
Comprehensive package available. Greater Sudbury. 23 acres Commercial and 17 acres future development. Signalled intersection. Market gap study complete. Seller is creative and will assist. 4114_DJW_2_0022
$1,195,000 Greater Sudbury. Excellent long term tenant with over 140 Ontario locations. Information package available.
4114_DJW_3_0016
$2,399,000 Completed back-up package including video available. Beautiful maintained resort on world famous Muskoka Big Lakes. Resort in excellent condition with that special authentic Muskoka touch.
4114_DJW_5_0019
Please say you saw it in The Commercial Investor
4114_DJW_5_0019
Central Ontario
Darryl McCullough CCIM
inthenews
SIX-STOREY WOOD FRAME CONSTRUCTION APPROVED
Greater flexibility and affordability for designers and builders of mid-rise apartments By Richard Thomas
T
he province approved important changes to the Ontario Building Code recently, allowing wood frame construction for buildings of up to six storeys.
“This significant change will provide greater flexibility and significant cost savings in new apartment construction,” said Derek Lobo, President and CEO of ROCK Advisors, Inc., one of Canada’s leading apartment advisory and brokerage companies. “We plan to discuss this, and several similarly important
industry topics at our upcoming conference in Toronto.”
We look forward to the new mid-rise buildings that will be created as a result of these changes.” These changes to the Ontario building code will come into effect on January 1, 2015, and will bring the province to similar standards already set in British Columbia, as well as in several jurisdictions in the US and the European Union. In fact, over 50 wood frame buildings have already been built across British Columbia since that province made a similar change to its building code in 2009. Wood construction will be part of a three-day conference series hosted by ROCK Advisors in Toronto, April 20 to 22, 2015. For more information and to register for the conference, go to
Through changes to the Ontario Building Code, wood frame
buildings can now be constructed up to six storeys high, raising the limit from four storeys. “The changes provide Ontario’s architects and builders new options to create affordable and attractive pedestrianoriented buildings that enhance streetscapes,” says Paul Bedford, Professor of Urban Planning at University of Toronto and former Chief Planner, City of Toronto. New safety requirements for wood frame buildings include constructing stairwells with non-combustible materials and roofs with combustion-resistant materials, making Ontario’s regulations the most rigorous in Canada. “Our made-in-Ontario model for mid-rise wood construction provides the highest requirements for fire safety in Canada,” said Ted McMeekin, Ontario’s minister of municipal affairs and housing. “Wood mid-rise construction is a safe, strong and sophisticated building solution. We are very happy with the code changes announced for Ontario,” says Michael Giroux, President of the Canadian Wood Council.“These changes are the result of a lengthy, carefully considered process that involved a great deal of consultation and input from all stakeholders.” Marianne Berube, Executive Director for Ontario Wood WORKS! agrees and explains that,“the changes to Ontario’s Building Code offer designers new opportunities for innovation that will help municipalities meet urban densification plans and create more affordable housing options.
rockadvisorsconference.ca
Volume 14 Issue 10
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Commercial Real Estate & Business Opportunities
11289344_4114
Donald G. Stoutt FRI Broker of Record
Direct: 705-323-7200 donaldstoutt@hotmail.com
Office: 705-325-1373 12 UNIT PLAZA
ESTABLISHED
RETAIL RENTAL
• Neighbourhood Corner
• Commercial corner near large seniors complex
• For lease - 5,200 sqft 4114_DJW_0039
• 2 commercial units • Listed at $249,000
• Main entrance to city from East - on route to Casino • $6.00/Net
4114_DJW_0041
INDUSTRIAL RENTAL RETAIL
4114_DJW_0042
OWNER RETIRING
4114_DJW_0040
• Gas bar, Auto repair + sales & convenience store
• Mix tenant plaza in Orilla (Close to Mall & Hwy 11)
• Established corner located just off Hwy 11
• 12 Units with professional and business tenants • Net in excess of $75,000
• Room for expanding! Busy street near other commercial operations.
• 8,000 Sqft - will divide
• Listed at $1,100,000
• Highway 11 exposure
• Listed at $1,500,000
4114_DJW_0043
4114_DJW_0044
8313781_4114
Bill Byers TEMISKAMING REALTY LTD.,
Central Ontario
Sales Representative bill-byers@coldwellbanker.ca
4114_DJW_5_0073
GORGEOUS WATERFRONT 142+ Acres surrounded by Crown land with year round road, hydro, & phone. Former hunting & fishing camp. Unorganized Township gives you unlimited uses. Miles of excellent boating, fishing, & hunting on the Montreal River. Asking $399,900. MLS 141712
GOWGANDA MOTEL 5 unit motel and 2 bedroom home on 2.66 acres in Gowganda. New shingles on both, needs work. Unorganized Town, no zoning or building permits required. Many possible uses here. Asking $79,900. MLS 141561.
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FORMER VARIETY STORE With 1+1 Bedroom apartment. Good sized lot with storage sheds & parking Residential & Commercial uses here. Asking $79,900. Latchford. MLS 141557 4114_DJW_4_0102
4114_DJW_4_0070
Northern Ontario
RESTAURANT All set up & ready to open. Great Hwy #11 location in Latchford. Large paved parking lot. Asking $99,000. MLS 141613 E
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4114_DJW_3_0142
New Liskeard,
4114_DJW_6_0071
www.temiskamingrealty.com 1-866-557-1110 705-647-1110
BROKERAGE
HIGHWAY #11 Great location for visibility & access. Surrounded by Hwy #11, #569 & Development Road. Fully fenced & EARLTON HOTEL Large Bar/Restaurant licensed for 206 people with 36 graveled 2.34 acre property with 3 gated entrances. person licensed patio. 2 bedroom apartment upstairs 40' x 60' 3 year old well insulated shop with office & plus 9 hotel rooms, full basement, main downtown cor- storage. Lots of potential with general Industrial Zonner with plenty of parking. Priced to sell at $119,900. ing 9 miles north of New Liskeard. Asking $309,900. MLS 140081 MLS 141979.
Please say you saw it in The Commercial Investor
inthenews
RIOCAN INVESTS IN $30 MILLION REDEVELOPMENT OF RIOCAN OAKVILLE PLACE IN 2015
R
ioCan is set to break ground in June 2015 on the redevelopment of Oakville Place, led by the addition of a new Pusateri’s Fine Foods. The opening of Pusateri’s is part of a $30 million dollar renovation that RioCan Oakville Place will be commencing in spring 2015 and is scheduled to be complete late 2016. The addition of Pusateri’s will enhance the sophisticated and first-class shopping experience the community has come to expect.
“We are pleased to see that our recent investments in a thriving centre, with a strong loyal following of shoppers and tenants, has drawn the attention of a high quality retailer such as Pusateri’s” says Edward Sonshine, Chief Executive Officer of RioCan.“Pusateri’s brings their reputation of being one of the finest specialty food shops in the Greater Toronto Area to the retail mix at RioCan Oakville Place. With worldclass offerings and superior, knowledgeable service this will certainly be something that the Oakville market will be happy to discover.” Centrally located in the well-established market of Oakville, Ontario, with visibility from major highways, RioCan Oakville Place is the only enclosed shopping centre in the area. Its attractive architecture, spacious and diverse food court, and desirable merchandise mix are all tailored to attract both frequent locals and visiting tourists. The dynamic renovation set for 2015-16 is expected to further position RioCan Oakville Place as a leading shopping centre south west of Toronto. “We are pleased to be expanding Pusateri’s to four stores in Ontario with our newest location at RioCan Oakville Place. This location will be the first Pusateri’s in Oakville and the first to open in nearly five years,” says Frank Luchetta, president of Pusateri’s Fine Foods.“We travel the world exploring new and distinct culinary experiences to share with customers. It is our
RioCan Oakville Place announces a $30 million redevelopment of RioCan Oakville Place including the first Pusateri’s in the West GTA scheduled to open in time for the holidays 2015.
unmatched passion for food and commitment to quality that inspires the diverse and exceptional selection of our products, and we are so pleased to be bringing this experience to the Oakville community.” The RioCan Oakville Pusateri’s location is expected to create approximately 150 jobs and is scheduled to open in time for the holiday season 2015. World-renowned for exceptional products, superior quality, freshness and customer service: Pusateri’s has built an enviable reputation as one of the best fine food shops today. Pusateri’s staff has traveled the globe in search of the unknown, with the determination and desire to share their passion for food. Family-owned and operated for over 45 years, Pusateri’s remains a one-of-akind shopping destination for food enthusiasts. It has three locations in the Toronto area: Yorkville, Avenue Road and Bayview Village and a location opening at RioCan Oakville Place in late 2015. RioCan Oakville Place is located in the Town of Oakville, at the corner of Trafalgar road and the QEW. The centre boasts attractive architectural features, a spacious food court, a sophisticated shopping experience and a desirable merchandise mix that currently features over 100 key retailers including Hudson’s Bay, SportChek, H&M, Nine West, Mexx, Oliver & Bonacini Café Grill and many more. Visit riocanoakvilleplace.com for details. RioCan is Canada’s largest real estate investment trust with a total capitalization of approximately $14.9 billion as at June 30, 2014. It owns and manages Canada’s largest portfolio of shopping centres with ownership interests in a portfolio of 340 retail properties containing approximately 81 million square feet, including 47 grocery anchored and new format retail centres containing 13 million square feet in the United States as at June 30, 2014. RioCan’s portfolio also includes 16 properties under development in Canada. For further information, please refer to RioCan’s website at www.riocan.com.
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Lindsay Peterborough Port Hope Bowmanville
Cobourg Trenton Belleville Kingston Northeastern Ontario
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com
EASTERN ONTARIO
EASTERN ONTARIO
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Commercial Real Estate & Business Opportunities
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Dee Abrams
William G. Bird
Sales Representative
dee@remaxquinte.com abramsdee@yahoo.com
Cell: 613-847-5907 BELLEVILLE DOWNTOWN BUSINESS
Quinte Ltd., Brokerage* * Each office Independently Owned & Operated
Office: 613-969-9907 FOUR 6-PLEXES AND TWO LIMESTONE HOUSES
Broker, CCIM CD williambird@cogeco.ca
Cell: 613-243-2767 BUSINESS FOR SALE. AREAS OF COVERAGE: PORT HOPE TO BROCKVILLE. NORTH AS FAR AS ALGONQUIN PARK.
$1,800,000 Total of 4 six-plexes and additional 2 stone carriage houses which have been fully updated. An excellent investment property with very high income.
Business Details: Trade area 2 million people. Over 20 years in business. Fully trained staff, fully equipped shop, vehicle fleet. Sheet metal - HVAC installation - fabricating Property: 3 1/2 acres of land 8,500 sq. ft. industrial building. Zoned site Industrial. Overhead crane.
DUPLEX ON CATHARINE ST. BELLEVILLE
WATERFRONT RESTAURANT IN CAMPBELLFORD
$2,600,000
$80,000 Long time eating establishment in downtown Belleville. Gathering to quick tasty meals for business and local traffic. 4114_DJW_1_0009
CONVENIENCE STORE IN BELLEVILLE
4114_DJW_1_0048
$219,000 $39,900 Stock extra. Includes lotto terminal - shelving - coolers Great lease and high traffic location.
Eastern Ontario
RESTAURANT IN COBOURG
$369,900
Can be easily converted to a triplex. Zoning variance allows commercial usage. Currently lease one unit for $800.00 Ample parking, two garages, new hot water boiler, newer roofing and other updates.
4114_DJW_1_0107
Cobourg Restaurant on Division St. All equipment is newly installed. Location is in a new building and features high visibility and heavy traffic flow. Additional income possible with full day service. 4114_DJW_1_0047
Restaurant with 3 bedroom living unit. Family business established 29 years. Water front with patio setting.
4114_DJW_1_0065
RESTAURANT IN TRENTON
$119,900
$175,000
4114_DJW_1_0104
Selling price includes business and chattels. Business established 10 years plus Located on route to 8 Wing CFB.
4114_DJW_1_0102
FOR LEASE & SALE
Attractive - Well maintained - Located on main traffic route. High profile - Ample parking - 1200 sq foot unit and 2400 sq feet units ready to go Units contains boardroom and kitchen Lease: $7.75/sq ft + T.M.I. ($5.50)
4114_DJW_1_0103
4114_DJW_1_0101
For Selling/Buying and Leasing of Commercial Real Estate in Eastern Ontario call Dee Abrams or Bill Bird at 613-969-9907 Please say you saw it in The Commercial Investor
10002624_4114
Volume 14 Issue 10
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Commercial Real Estate & Business Opportunities
REDUCED $1,588,000
Fully leased, 13 residential apartments and 5 commercial units (2 buildings). Fully sprinklered.
Cap rate 9% www.252mainst.com
UNIQUE BUILDING ASKING $575,000
4114_DJW_3_0068
4114_DJW_0096
4114_DJW_0099
FAMILY RESTAURANT
Corner lot, 8,000 s/f with three large overhead doors, elevator to office area. Partially leased. www.9mcfarland.ca
Great opportunity to own your real estate and busy 125 seat restaurant with catering potential. Owner will consider partnering.
6 UNIT MULTI RESIDENTIAL
MULTI-UNIT ASKING $579,900
FULLY LEASED ASKING $948,000
Prime location East end of Belleville, unique character Victorian building, with separate carriage house tenants pay own hydro and water.
Looking for a great income generating property? Large showroom and 6 offices, all wheelchair accessible. Live in the apartment or rent it out for added income. All situated on 59 acres with 2000 feet of excellent Highway 7 exposure.
11 unit apartment building has been updated, great location mins from downtown, excellent long term tenants.
www.161george.com
4114_DJW_0110
4114_DJW_0111
www.5246Highway7.com
4114_DJW_0097
www.blackdogstirling.com 4114_DJW_1_0095
www.231dufferinave.com
4114_DJW_0112
8305397_4114
Please say you saw it in The Commercial Investor
Eastern Ontario
4114_DJW_2_0070
NIAGARA
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
NIAGARA SECTION
COVERING: Niagara Falls Niagara-on-theLake St. Catharines Thorold
Welland Fort Erie Beamsville Fonthill Port Colborne
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com
Volume 14 Issue 10
Commercial Real Estate & Business Opportunities
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www.dtz.com DTZ Barnicke Niagara Limited, Real Estate Brokerage 4056 Dorchester Rd. Niagara Falls, ON L2E 6M9
905-354-7413
9866060_4114
COMPASS CENTRE, NIAGARA ON THE LAKE
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2 Westwood Court, 303 Townline Road and Vacant Land Property features over 67,000 sq. ft. complex with additional lands for future development. Low vacancy! Minutes from the Q.E.W. and the new Ivanhoe Cambridge Outlet Mall OFFERED AT $10,995,000 4114_DJW_0066 Contact: Ralph Roselli, Sales Representative - ralph.roselli@dtzbarnicke.com
TENANTED INCOME PROPERTY AVAILABLE IN WELLAND
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Unique property offering a 2 storey residence on Regent Street, tenanted commercial building and a successful owner occupied floral business on King Street. Ideal work and live property or investment opportunity. Includes adjacent parking lot. OFFERED AT $519,000 Contact: Greg Chew, Sales Representative - Greg.chew@dtzbarnicke.com 4114_DJW_0068 4114_DJW_0067
13085 LUNDY’S LANE, THOROLD
16 DUFFERIN ST., FORT ERIE
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11,200 sq. ft. Industrial Building - Situated on 6.7 acres 19’6” ceiling height, two 14 x 14 O.H. Doors Adjacent residential included. Zoned HC/A NEW PRICE: $839,000 Contact: Mike Halliday, Sales Representative mike.halliday@dtzbarnicke.com 4114_DJW_0069
14 Unit 2 storey walk-up apartment complex Full basement with coin laundry Very clean - New roof, eaves & downspouts 7-2 bdrm., 5-1 bdrm. & 2 bachelors OFFERED At $815,000 Contact: Ralph Roselli, Sales Representative ralph.roselli@dtzbarnicke.com 4114_DJW_0070
BROKERAGE APPRAISALS MANAGEMENT
Connected Globally. Focused Locally. Please say you saw it in The Commercial Investor
Niagara Peninsula
R
techtalk
LEVERAGE THE POWER OF MOBILE TECHNOLOGY for your micro-business
W
hat do a home-based crafter, a car mechanic, and a food truck owner have in common?
Each one represents an important economic segment in Canada called micro-businesses, or companies with one to five employees. Today, that sector makes up more than 55 per cent of small businesses in the country and has grown by 40 per cent in the last decade. With fewer resources and little manpower, micro-businesses are heavily reliant on mobile technology to reach customers, engage new prospects, and operate their businesses, according to a research report released recently from Rogers, conducted by Environics. The study revealed that micro-businesses depend on mobile technology to manage their operations at all times, to stay connected to clients, partners and employees, and to alleviate stress from their workday. The majority of respondents (70 per cent) reported that they would have challenges operating or even starting their business without access to wireless technology. Over half (67 per cent) stay connected to their business anywhere, anytime with laptops, tablets or smartphones. “What we’re seeing is that technology can help level the playing field for micro-businesses, and with mobile devices plus solutions like e-commerce websites and applications, these companies can start-up and scale overnight,” says Tracy Markwood, the vice president of business marketing at Rogers.“There is a big opportunity for both micro and small businesses across the country to embrace new tools and realize the time savings and financial benefits of doing more with less.” Additional survey results indicate that while mobile technology is seen as critical to business success, many micro-businesses are not using a number of the tools and solutions available to them. Key findings included: • More than half (52 per cent), agree that using mobile technology alleviates stress from the work week. • Only 20 per cent of micro-businesses use cloud-based software and applications like Drop Box or Office 365 to share files and documents. • Only 4 per cent of micro-businesses are using mobile point-of-sale applications to process payments. • Only 22 per cent are using an online store or website as primary means to sell products or services.
• Nearly half (48 per cent) say that marketing and sales top the list of services that they need most. • Only 16 per cent of respondents use social media as the primary means to promote their business. • More than half (56 per cent), use web based applications to support their operations. • As many as 74 per cent of owners report micro businesses to be a sole source of income. This October, micro, small and medium businesses across Canada will have the opportunity to learn how the right technology enables growth and a competitive advantage. Rogers Talks, the second annual national events series, will kick-off Small Business Month with experts in social media, marketing and sales to share knowledge and applicable best practices with attendees. Events will take place in Toronto, Ottawa, Montreal, Calgary and Vancouver from October 28th to November 12th and are open to any small business owner or employee. Register at www.rogers.com/RogersTalks. -NC
Volume 14 Issue 10
59
Commercial Real Estate & Business Opportunities
Larry “BILKO” Bilkszto Your Local Sales Representative Since 1989
Garden City Realty Inc. Brokerage Independently owned and operated
Email - bilko@rgcmail.com Web - www.bilko.ca
(905) 641-1110 • (905) 563-3330 Toll Free (866) 575-9400 8494906_3714 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 6 Acres of 25 acre peach orchard vineyard! A turnresidential in NOTL. Sandy tile key operation drained soil suitable development land with contracts in for growing everything. in Jordan Station. place. 19.47 Endless water for Surrounded by acres with 18 irrigation. Presently the greenbelt, acres planted to planted to various vineyards & 5 different varieties of young varieties, all tile orchards. All city peach trees. A 6000 services at the road! Only mins to the QEW & drained. 34 ft x 25 ft block 2 storey barn. Solid, sqft packing barn w/loading dock, 2 coolers, office & spotless, 3 bedroom brick bungalow. Attached bathroom. Plus Approx $13,150/yr from a 2yr old all amenities. $4,000,000 Great location in the E a s t e n d o f Beamsville. Approx 800 sq ft of block & brick building w/full basement, electric garage door opener & walkout. All city s e r v i c e s . F.A.G./CA/CV. Paved parking in front & behind building, 2pc bath. Presently Puretap Water Distillers. Moving to larger location. $299,800
double car garage. $999,800
$65000 solar system on the barn. $899,800
3+ Acres development site. Land zoned for townhouse & semidetached homes, 64 units in total, 52 townhomes & 12 semi detached units. Close to St. Catharines new hospital facility. Walking distance to many amenities. All city services. Asking $1,198,800
T u r n k e y restaurant/sports bar. Very successful establishment (owner retiring). Solid block building of approx 2600 sq ft & approx 1000 sq ft basement. New tar & gravel roof, 2 newer roof top heating/ca units. 32+ car parking, approved for a 2500 sq ft addition. 206 x 172 irr commercial lot approx 3/4 acre. great location! $849,800
Steven Kealey, BA, MSc
“Income Property Advisors”
Broker of Record
Phone: 905-734-6000 www.CastleQuest.ca
11269934_4114
SPECIALIZING IN FARMS, AGRICULTURE, GREENHOUSES, ETC.. IN THE NIAGARA REGION!
Steven@CastleQuest.ca
Investment Real Estate, Brokerage*
www.IncomePropertyAdvisors.ca
Photo Tour Available at: CastleQuest.ca
Gross Income: $82,497 Down Payment & Closing Costs: Gas Expense: $4,224 20% Down Payment:$119,000 Hydro Expense: $3,664 Land Transfer Tax: $8,475 Water Expense: $5,088 Other Upfront Costs: $2,500 Property Insurance: $2,073 Total Cash Investment:$129,975 Maintenance: $6,600 Yearly Mortgage Payments: $36,560 st Vacancy Expense: $1,970 1 Year Positive Cashflow: $6,652 st Management Exp.: $2,364 1 Year Mortgage Paydown: $20,759 Other Expenses: $388 Annual Appreciation (4%): $23,800 TOTAL EXPENSES: $39,284 Annual Return on Investment: $51,211 Net Income: $43,213 Total R.O.I. Percentage: 39.40% =================== ====== ======================= ======
To view a Photo Tour and Full Details of this income property & others, visit our websites at:
www.IncomePropertyAdvisors.ca or www.CastleQuest.ca Please say you saw it in The Commercial Investor
Niagara Peninsula
11-Unit Apartment Building -- $595,000 Asking Price
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Volume 14 Issue 10
Commercial Real Estate & Business Opportunities
GREAT INVESTMENT/DEVELOPMENT LAND
Greg Howe Sales Representative
905-935-6838 NIAGARA BROKERAGE
gamhowe@sympatico.ca 6150 Valley Way, Niagara Falls ON L2E 1Y3 Independently Owned & Operated
905-346-2000
11277217_3714
4240 BRIDGE ST., NIAGARA FALLS $550,000 18 room newly remodelled rooming house, and 4500 sq. ft. of commercial store frontage located directly across from VIA rail train station (and future GO train station), bus terminal and one block from lower United States border bridge. 3714_DJW_2_0008
2114_DJW_5333
Last large parcel of prime development/investment land in the Niagara-On-The-Lake Business/Industrial Park. Close to all amenities, QEW, USA Border, airport and GTA. This vacant industrial land offers great potential being zoned prestige and light industrial. See listing agent for additional details. EVO Phase One available plus survey. Lot frontage on Townline is 266 feet assembling more or less 28.8 acres. At $150,000 per acre this is the least expensive and largest parcel available for development in this industrial park. Already established companies like Purolator, the new federal building, Clares Harley Davidson, Can-Pick Cranes, the New Huskys and the DOT to mention a few.
NIAGARA FALLS - EXCLUSIVE LISTING 57 unit apartment building in the heart of the new University College Campus proposal, "GO" Train service, and 1 block from Police station. Only $87,500 per unit. Good condition. 3714_DJW_3_0022
RICHARD M. OSWALD
Sales Representative Email: roswald@homesniagara.com
Bus: (905) 357-3000 FAX: (905) 356-5602 Toll Free: 1-800-216-4440 Cell: (905) 380-4667
4080 ERIE RD, CRYSTAL BEACH - NO DOWN PAYMENT Completely renovated 3+ bedroom, 2 storey located right across from bay beach, will rent for $1000 per week in the summer. Zoned commercial, or earn $500 per day selling beach related products and fast food, the house is in mint condition, never been lived in since renovation, owner would consider trading for another house in the Niagara District. 3714_DJW_1_0098 REDUCED $153,000
Niagara Real Estate Centre Inc., BROKERAGE
INDEPENDENTLY OWNED & OPERATED
3770 Montrose Road, Unit 1B Niagara Falls, Ontario L2H 3K3
905-641-1110 Tony Tripodi cell: 289-241-6954 Garden City Realty Inc., Brokerage Independently Owned & Operated
tripodi@sympatico.ca
Broker
10331793_4114
11282058_4114
INDUSTRIAL * COMMERCIAL * INVESTMENT
SPACE FOR LEASE SPACE FOR LEASE
NORTH END ST. CATHARINES
Central location, including major tenants as Shoppers Drug Mart, large medical office, large real estate office, dental, optometrist, hearing office, veterinarian and more. Lots of free parking.
Large plaza, with space available for call centre. Tenants include Shoppers Drug Mart, KFC, free parking. Low rental rate. Land lord incentives.
Niagara Peninsula
3314_DJW_1_0129
BEAMSVILLE
3314_DJW_0122
FONTHILL-THOROLD AREA
Newer service plaza, with plenty of parking signage. Tenants include Meridian Credit Union, Canada Post Office, several retail/office spaces. New restaurant. Rates that you can't afford to turn down. Call now for details.
3314_DJW_0123
Please say you saw it in The Commercial Investor
Vacant land approx. 24 acres. Good for building lot, farming, holding. Asking only $10,000 per acre or best offer. Hansler road, Lot 18. Call phone or email for information.
3314_DJW_0124
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
INVESTORS
The perfect place to list all of your businesses opportunities
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com
BUSINESS INVESTORS
BUSINESS
62
Commercial Real Estate & Business Opportunities
Volume 14 Issue 10
Business Investor
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Commercial Real Estate & Business Opportunities
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Please say you saw it in The Commercial Investor
Business Investor
Volume 14 Issue 10
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Volume 14 Issue 10
Commercial Real Estate & Business Opportunities
DOORS SALES AND INSTALLATION
WOMAN’S SPECIALTY APPAREL RETAILER
CNC MILLING AND TOOL FABRICATION
The Company sells and installs overhead doors, installing doors for new construction condominium and high-rise rental apartments and distributing equipment and parts. Operating over 30 years - revenues are in the $5.5 M range and earnings in the $400K range.
Operating since 1992 with 12 stores located throughout key centers in Ontario, the business enjoys high margins with private branded products. Revenues are in the $5 million range and earnings in the $600K range.
The Company is engaged in heavy industrial and tool fabrication. Operating over 20 years in the GTA and with 25 highly trained employees, the Company generates revenues of $6 million with earnings in the $2 million range.
NDT PROVIDER
O
Company provides NDT/NDE training, products, and services. Clients are in power generation, oil and gas, engineering training/consulting, and other service industries. Located 1 hour outside the GTA. Revenues are in the $7.5 M range with earnings averaging in the $500K range.
ENGINEERING CONSULTING
PLUMBING SERVICES COMPANY
Company operating in the GTA and specializing in all areas of plumbing – commercial, industrial, residential, service, installation and 24/7 emergency response. Well trained – 7 FT non-union employees and strong account base generate revenues in the $1.7 M range and earnings in the $450 K range.
O
Company manufactures niche topical medical products considered Class II medical devices in the US and Class I in Canada. And a range of topical personal care products. Located in the GTA with 8 FT, the business generates $2.5 M in revenues and earnings in the $450K range.
R DE UN FFER O
Business Investor
Located in Southwestern Ontario the company provides advanced and robotic systems for poultry, beef, pork, cheese, sliced meats, readymade foods, and industrial washing systems for all segments of the food industry. Revenues in the $6 million range and earnings in the $900K range.
The Company is a premier manufacturer of kitchen and bath cabinetry. Operating over 20 years the Company serves residential developers and retail customers along with commercial clients in its surrounding area. The Company derives half of all revenue from first time buyers. Revenues are in the $2.5 M range and earnings in the $550 K range.
OFFICE MAINTENANCE COMPANY
LIFT TRUCKS AND HANDLING EQUIPMENT 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.
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ATLANTIC PROVINCES MANUFACTURER OF KITCHEN CABINETS
W ITY NE TUN OR PP
Business has been in operation for 10 years generating $1 Million in revenues with 7 FT & 73 PT employees. Located in Southern Ontario - one hour out of GTA.
MFG. TOPICAL MEDICAL PRODUCTS
The Company provides engineering consulting to building services, municipal services, private enterprise, transportation, Crown corporations, bridge design, and geotechnical. It serves multiple cities, counties, and districts in Ontario. Company employs 114 FT and generates revenues in the $13.5 M range.
MANUFACTURER OF AUTOMATION EQUIPMENT FOR FOOD INDUSTRY
W ITY NE TUN OR PP
R DE UN FFER O
EQUIPMENT & DIES MFG.
Operating since 1993 and located one hour outside the GTA - the Company specializes in the design and manufacturing of stamping dies and special purpose equipment. Revenues are in the $7 million range and earnings in the $2 million range.
“Selling Your Business is our Business” 416-780-0009 or 1-866-490-9991 Please say you saw it in The Commercial Investor
8157086_3714
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Mazhar Roshan Sales Representative
905.929.9800
HomeLife Results Realty Inc.
Direct
905.318.3800 24 Hr. Pager 647.609.9463 GTA Direct mazharroshan@sympatico.ca PRIME LOCATION - $1,099,000
LAND FOR SALE
Rare find Commercial Plaza with anchor tenant. Net income is 104K, offered at 7% cap rate.
On Upper James & corner of Airport Road. Over an acre of land. Property has 2 houses both rented for 1100 + 1000 and tenants pay utilities mixed use property with H-C3 zoning. Lots of future development 4114_DJW_0084 potential. Buyer to do their own due diligence.
3 T LY EF N L O TS LO
PLAZA FOR SALE - $1,485,000
BROKERAGE
4114_DJW_0085
FOR LEASE BRANTFORD
GREAT BURLINGTON LOCATION - $114,900 ED AT IV LER T L MO SE
Retail commercial space in strip plaza. Anchored by Tim Hortons. Close to 403 exit and rapidly growing commercial sector. Suitable for many kinds of retail, commercial or office uses, TMI for 2012 is $5.00 per square foot, call LBO for more information and showings.
price reduced Restaurant/Bar/Poolhall business, runs on short hours MondaySaturday, 15,000 sq ft facilitiy with very reasonable rent and long lease, hands-on entrepreneur needed, lots of potential, showings after 2 pm.
4114_DJW_1_6668
4114_DJW_1_0066
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.
price reduced
4114_DJW_1_0064
RETAIL STONEY CREEK MOUNTAIN
Located in highly growing neighbourhood on Stoney Creek Mountain next to new Walmart & Financial Institutes, in a plaza with 3310 sq ft retail space available (can be divided). Other tenants include drive thru Tim Hortons, Esso Gas Station, Avondale, Gino Pizza & many more. TMI is estimated 10.00 PSF, immediate possession avail.
4114_DJW_2_0024
DESIREABLE ANCASTER LOCATION
On Wilson Street at the corner of Hwy #52. Across from the Ancaster Fairgrounds. Brand new Esso Gas Station and a modern restaurant coming soon. 7 units to choose from, has 2 bay auto garage. Good for any type of retail, office, commercial, warehouse or other uses. Call listing agent for further details. 4114_DJW_2_0026 4114_DJW_1_0006 4114_DJW_1_0027
BUSINESS FOR SALE 4114_DJW_1_0019
UPPER JAMES HAMILTON
4114_DJW_1_0018
OR D FALE E S C DU CK RE QUI
Long established mattress manufacturing business for sale, owner retiring. Lucrative opportunity for business enterpreneur, easy operation, money maker. Seller will provide full training and establish list, for more details call.
Great location of long established Quizno Subs doing around 400K sales yearly. Long lease and very reasonable rent. Good for family operation. 4114_DJW_1_0016
DOWNTOWN - HAMILTON $1,500,000
FOR LEASE - $15.00 PER SQ FT.
FOR SALE - HAMILTON
Location location location, property in downtown core Hamilton. Currently use as a worship place. Buyer to do due diligence regarding future use and property taxes. For more information and details call Mazhar.
Plaza location, busy Hwy 6 South, anchor tenants include Royal Bank, Pizza Depot, convenient store. Store front approx 931 sq ft, good for retail, office or any other use. TMI is approx $6 PSF, immediate possession. Call for more details.
Long established dollar store located on a very busy street in plaza location, doing around 400K yearly, sales with good margin of profit, reasonable rent and long lease available. Asking $79,900.
4114_DJW_2_0018
4114_DJW_2_0019
4114_DJW_1_0015
CONVENIENCE STORE AVAILABLE
Doing $12,000. Per Week. Prime Location. Call Mazhar for more details. 11G COM
legallyspeaking
THE COMMERCIAL MORTGAGE Some things to consider By Jayson Schwarz and Konstantine Chatzidimos
I
f you are reading this article you may just be considering acquiring a commercial property, i.e., a commercial or industrial condo, an office building, a manufacturing/ warehouse facility, apartment building, strip mall etc., and this generally involves the negotiation of a commercial mortgage. While most of you may have had experience with residential mortgages, commercial mortgages come with their own set of rules and headaches. This article explores a few of the considerations inherent in the procurement of commercial mortgage financing.
CASE BY CASE BASIS The principal challenge in securing a commercial mortgage is meeting the requirements of the commercial lender at a given point in time. Commercial mortgage applications are typically more involved than residential ones and are open to considerable subjective analysis on the part of lenders. This is because the assessed value of the underlying security, i.e., the real estate, is driven mainly by market forces occurring where the property is situated. Hence, location, timing of the current economic cycle, use, rental income and expenses or owner occupancy are key factors considered by lending institutions before advancing a loan. LOAN TO VALUE RATIO As you can guess, commercial investment properties are viewed conservatively by lenders and require significantly more equity than may be required in the residential scenario. Loan to value (“LTV�) is the percentage calculation of the loan amount divided by the purchase price. If you know the LTV requirements of a particular lender, you can calculate the loan amount by multiplying the purchase price by the LTV percentage. Note, however, that the purchase price
CONTINUED ON PAGE 14
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151 City Centre Drive, Suite 300, Mississauga, ON L5B 1M7
phone 905.268.1000 fax
905.542.2836 Member Commercial Division, Toronto Real Estate Board
• New Construction • 9 units for sale • 1st mortgage with 40% down • Rent GUARANTEE • NET INCOME $175,000
RETAIL PLAZA SCARBOROUGH
4114_DJW_0075
INVESTMENT PROPERTY MISSISSAUGA
4114_DJW_0077
OFFICE - MISSISSAUGA
4114_DJW_0079
4114_DJW_0076
• 26,000 sq ft • Excellent location • Triple A national tenant • NET INCOME $192,000
INVESTMENT PROPERTY BRIGHTON
$2,900,000 • Brand New building • 1176 Sq ft • Near Highways
4114_DJW_0078
INDUSTRIAL UNIT - VAUGHAN
$349,000
4114_DJW_0080
• Fantastic main street location • 13 units • Long term tenants • NET INCOME $205,000
$4,150,000 • 4.5 Acre land 15,000 sq ft manufacturing facility • Triple A tenant for 22 years • New Lease from Aug. 2014 for 5 years • NET INCOME - $60,000
$749,900 • 2000 sq ft • Hwy 7 and Martin Grove
$349,900
• 14,200 sq ft • 50% occupied • NET POTENTIAL INCOME $312,400
BRAND NEW PLAZA - ORANGEVILLE
4114_DJW_0081
$5,800,000
8471255_4114
INDUSTRIAL COMMERCIAL PLAZA - BRANTFORD $2,500,000
EARN 12% PER YEAR INVEST IN PROJECTS WITH OUR TEAM CALL 647-295-5501 FOR DETAILS www.connect2realestate.ca
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legallyspeaking CONTINUED FROM PAGE 12
must be buttressed by an independent property appraisal. If the appraisal shows a value less than the purchase price, lenders will typically use the lower number in determining the loan value. HOMEWORK BEFORE APPROACHING A LENDER Approaching a commercial lender is not simply a matter of just showing up. There is a long list of things you should know and have prepared prior to making a commercial mortgage application; they include: (i) an appreciation of the typically lengthy commercial mortgage application process; (ii) an understanding of cash flow generated by the property relative to debt servicing the mortgage; (iii) ensuring appropriate ‘conditions’ are set in the Agreement of Purchase and Sale; (iv) the documents the lender will require so it can intelligently assess the risk involved; (v) the third party reports that will be required as well as the approximate costs and time required to complete them; (vi) a knowledge of the financial criteria the lender will use to assess the application; and, (vii) an understanding that the lender may request collateral security in addition to the property; (viii) A survey and all pertinent zoning information. The above list is by no means exhaustive. As such, it is prudent to meet with a lawyer experienced in the area of commercial real estate acquisitions at the beginning of the process in order to make sure you are covered going into the deal.
THE PRINCIPAL CHALLENGE IN SECURING A COMMERCIAL MORTGAGE IS MEETING THE REQUIREMENTS OF THE COMMERCIAL LENDER AT A GIVEN POINT IN TIME. COMMERCIAL MORTGAGE APPLICATIONS ARE TYPICALLY MORE INVOLVED THAN RESIDENTIAL ONES AND ARE OPEN TO CONSIDERABLE SUBJECTIVE ANALYSIS ON THE PART OF LENDERS. COLLATERAL SECURITY Prospective purchasers should also be aware of the possibility that other collateral security may be requested by the lender to secure the commercial mortgage. In many cases a personal guarantee will be required. The quantum of the guarantee will depend on lender’s assessment of the overall risk of the transaction. Purchaser guarantees of 50 per cent of the mortgage amount in such deals are common. In addition, lenders typically require property insurance be in place for a sum covering the full quantum of the mortgage. CONCLUSION Commercial mortgages are more complex financing vehicles than the residential variety to which most people are accustomed. There are numerous elements to be aware of and a considerable number of things to come up to speed on when considering the purchase and financing of a commercial property. This article only scratches the surface and it is recommended that you consult directly with a commercial lender or lawyer experienced in the trials of commercial real estate should you be in the market to purchaser a commercial property. 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 (kchatz@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.
TIMELINES Given the higher degree of lender risk inherent in commercial financings, lenders typically require anywhere from 30 to 90 days to carry out their due diligence on commercial mortgage applications. It typically takes this long as procuring various necessary documentation, i.e., Environmental Assessments, Property Appraisal(s), Financial Statements, Operating Statement etc., takes time. Given this, purchasers must ensure that the financing condition in the Agreement of Purchase and Sale affords sufficient time for said diligence to be carried out.
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Jayson Schwarz LL.M is a Toronto business lawyer and senior partner in the law firm Schwarz Law LLP. Konstantine Chatzidimos is a Toronto business lawyer and associate in the firm.
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9853283_4912
9853283_4114 9853283_4912
30 MAIN STREET, RIDGETOWN
69 ST. CLAIR STREET, CHATHAM 11246697_4114
BROKER OF RECORD
519-351-1381 Cell: 519-355-8858
dalewillder@realtyconnects.ca
www.realtyconnects.ca
ASKING $450,000 Licenced establishment for 244 people. Property is included and has historical designation. Also included is a 40 seat restaurant that could be rented out. Upper floors have 10 rooms that could be utilized to house students of nearby Agricultural College.
4114_DJW_0002
4114_DJ W_0001
Find Any Kind of Business ON YOUR MOBILE DEVICE 30,000+ LISTINGS 75% EXCLUSIVE (50 - 150 NEW LISTINGS DAILY)
ASKING $179,900 Family restaurant that has been in the family since 1942, owner selling due to poor health. 3 bedroom apartment on upper floor makes it the perfect place to work and live in the same building.
1,400+ BUSINESSES FOR SALE 400+ BUYERS 30,000+ Haves & Wants of www.iciworld.com OR www.iciworld.mobi FOR ALL MOBILE DEVICES
INDUSTRIAL, COMMERCIAL, RESIDENTIAL & INVESTMENT REAL ESTATE AS WELL AS BUSINESS OPPORTUNITIES
The Market ICI World Real Estate Network 131 Bloor St. W., Suite 200 Toronto, ON, Canada M5S 1R8
11287725_4114
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'F2' Industrial Units with Office Space Close Proximity to 410, 407, 401 Individually-Metered Hydro and Gas Unobstructed Warehouse Space Ground Floor of Office Space Finished HVAC In Place for Office Space Radiant Heating in Warehouse Entire Building Upgraded Truck-Level and Drive-In Doors Available!
ain
40 Holtby Ave, Brampton
416-840-6227 1-877-272-1721 M
$5.50/sf (Net), Renewable at $6.00/sf (Net) on 5-Year Terms; $1.95/sf TMI (Estimated)
Bus.
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App Store
“IT’S INFORMATION AT YOUR FINGER TIPS”
401
UNITS Vi c to r @ B o u t i n M a n a g e m e n t. Co m FOR LEASE V i s i t w w w. B o u t i n M a n a g e m e n t . c o m f o r m o r e d e t a i l s Call Victor Boutin at 416.258.8830
BE SEEN THEIN LIMELIGHT Highlight your hot, new and unique listing. Feature 2 properties and your agent photo in a full colour quarter page ad.
Reserve your space today! 1-800-268-0077 16G COM
THE COMMERCIAL INVESTOR SPOTLIGHT
11290971_4114
SPOTLIGHT SECTION COMMERCIAL PROPERTY FOR SALE IN SIMCOE 6,400 sq.ft. of office space consisting of 2 units, each having 3,200 sq. ft. with 6 private offices, kitchen, 2-2 piece bathrooms, front office & meeting room, on 1 acre with ample parking. Upper level is presently rented to Jewitt & Dixon Land Surveyors. MLS $549,900. Lower level is presently vacant and for lease at $2,500 per month.
Coldwell Banker Action Plus Realty Brokerage 20 Argyle St., Simcoe Tel: 519 – 426 8816 1-866-426 8816
Eva Dixon
Sales Representative
C: 519-429-0550
4114_DJW_0023
4114_DJW_0022
ATTENTION INVESTORS/DEVELOPERS! Exit Realty Hare (Peel) Brokerage
Independently Owned & Operated
Eugene Dignum
Stephen Dignum
Sales Representative
Broker
Corner parcel borders the Mayfield West Plan area. Not in Greenbelt. Great opportunity to invest. Located within Alloa Group Plan slated for future development. Approx 97 acres.
32 ACRES FOR ESTATE LOTS! Prime opportunity to develop for Estate Lots in prestigious Palgrave Community in Caledon. Services available at the lot line.... Gas and Water. Adjacent to existing development. Easy access to Hwy 9 and Hwy 50. Great for commuting to Toronto via 400/404/410.
List Price $10,000,000 4114_DJW_2_0012
4114_DJW_0083
1.866.297.3948
$1,499,900
www.eugenedignum.com
FOR LEASE - TORONTO - $3,500 PER MONTH Complete Mechanical Shop. Fully equipped, just bring your own tools! Centrally located on South East corner across from brand new shopping mall. Great exposure. Space is equipped with Truck Bay. Property is zoned for commercial or industrial uses. Call Peter for more details 416 769-2001. 4114_DJW_0030
4114_DJW_0031
BE SEEN THEIN LIMELIGHT Highlight your hot, new and unique listing. Feature 2 properties and your agent photo in a full colour quarter page ad.
Reserve your space today! 1-800-268-0077 COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!
17G COM
COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_4114
Bill Bradley
Sales Representative
Independently Owned & Operated
Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866
416.258.6866 exitwithbill@gmail.com
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PARADISE IN GRENADA One of the best 10 Carribean hideaways to spend your holidays on a beautiful sandy beach. Called Grane Anse Beach with The Edge Bar & restaurant for your Enjoyment at discount prices.
Certificate of Excellence 2013 & 2014 Winner
Jenny’s Place
1251 WHITE LANE, OAKVILLE
SPECIAL PRICE $979,000
Approx 5000 sq ft 2 storey brick home with double garage plus wheel chair accessible on a large ravine lot with swimming pool, hot tub, cabana, large patio for summer enjoyment. The home has a large living room, dining room, kitchen, family room, 2 pc bath and office on the main floor. The 2nd level has 5 bedrooms and 5 bathrooms. The lower level has a home theatre, 2 bedroom, and games room. This home has everything you want and is in movein condition. Call Bill Bradley. 3314_DJW_1_0017
BEAUTIFUL RETIREMENT HOME A 40 unit approx. beautiful Retirement Home for sale in Excellent condition. Very profitable with 10.5% Cap return on your money. Where do you get that % return on your money today. Please call me and come into my office to discuss this lovely property. Price is negotiable. Buyer only to be verified. Call Bill Bradley 416 258 6866. Strip plazas available in the Province of Ontario, from $1,000,000 to $15,000,000. Call Bill Bradley IF you are interested in buying one or two (BUYERS ONLY) 18G COM
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Commercial Team In Canada! *
Commercial Team In Canada! *
COMMERCIAL www.PBcommercialteam.com
BUILDERS DREAM! SUBWAY VIC PARK/DANFORTH DEVELOPMENT SITE - $4,888,000
TORONTO EAST RETAIL PLAZA
RETAIL/OFFICE BUILDING
EXCLUSIVE - $8,800,000
• Turn-key development opportunity • Retail Plaza with Major mixed-use development w/ Bank•as Zoned Anchorfor Tenant density 3.39 times greater than site • Prime East Toronto Location, Major • 37,867 Sq Ft Intersection! Approved • Over•18,000 Sq Ft! plan for 142 residential units • Two • Buildings, 9 Total Approved plan for 6,124 Sq Ft of ground Units! level retail
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• Over 1.5 Acres in Prime Area! • Development Potential! • Parking for Over 60 Cars!
• Currently used as bowling ally with
Prime Danforth/Vic Park commercial building! 1,888 • No competition! new-building sq. ft.Only w/retail & office spaces. in area Close to subway w/excellent Danforth exposure! Original • Excellent transit options: Don Vally, owners since 1983! Current Eglinton, Victoria Park, O’Connor. main floor chiropractic clinic and 2nd floor office! Amazing COMMERCIAL opportunity for owner/user. www.PBcommercialteam.com $688,000. Call Matt Brienza EXCLUSIVE - $8,800,000 - PRINCIPALS ONLY 647-500-7708
TORONTO EAST RETAIL PLAZA
• Retail 4114_DJW_1_0151 plaza w/major bank as • Tons of parking 4114_DJW_0090 BUILDERS DREAM! DEVELOPMENT SITE $4,888,000 anchor tenant • Prime East Toronto location 4114_DJW_2_0077 DURHAM EQUESTRIAN LEASE - DANFORTH RETAIL/ •• Turn-key development • CurrentlyMAIN/DANFORTH used as bowling allySUBWAY with Over 18,000 Sq Ft opportunity in 2 bldgs PROPERTY • Development OFFICE/MEDICAL RETAIL/OFFICE BUILDING potential • Zoned for mixed-use development w/ • density 9 total units • No competition! Only new-building 3.39 times greater than site • Over 1.5 in area • 37,867 Sq Ftacres • Excellent transitKINGSTON options: DonRD Vally, • Approved plan for 142 residential unitsMEDICAL EXCELLENT MARKHAM ATTENTION Eglinton, Victoria Park, O’Connor. INVESTMENT SERVICE PROVIDERS! RETAIL SPACE • Approved plan for 6,124 Sq Ft of ground
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buildings on property. Tons of potential! $1,434,800 PRIME AUTO LOCATION
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1 acre+ of PRIME Markham land! 16th Ave/Markham land! 16th Ave/Markham Rd. Potential redevelopment site!! Ravine property! Industrial & townhomes Approx 48 beautiful acres!!! Prime area! $488,000 road exposure just minutes from
level retail
Turn key retail/ofice space! Prime location! Danforth Exposure! Potential uses: Excellent 2,314 sq. ft. Danforth building Private10 acre lot w/3,000 Sq Ft ranch medical, dental, lawyer, accounting, ofw/ Retail/Office/Residential uses! Steps bungalow and equestrian facilities for fice +++ Any retail! Beautifully finished EXCLUSIVE - $8,800,000 - PRINCIPALS ONLY to Main subway station w/terrific Danhorse shows/events/boarding! 170X80 w/great lease terms! 2 chairs & approx. forth exposure and directly across from heated indoor arena, beautiful tack room, 60K in leaseholds at no cost to new 1,750 Sq Ft of PRIMEPotential Kingston$46,200 Rd retail space 1 tenant! acre+ $12/Sq. of PRIME Markham land! Your opportunity is here! rent, Canadian Tire! grossw/ grassed paddocks+++ CloseShare to 11,000 Ft Net. Call George excellent Kingston $668,800. Rd exposure! Includes annual income! Call today! 1,750 16th Ave/Markham Rd. Potential utilities & 1,100 Sq Ft w/professional acres Ganaraska Forest. $719,900 416-554-7653 4114_DJW_0092 4114_DJW_2_0077 4114_DJW_3_0074
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• Retail plaza w/major bank as • Tons of parking anchor tenant • Prime Toronto location Rd Ft basement! Major Warden/Kingston redevelopment site!! Ravine prop- dental hygienist. Prime Danforth lo- Sq East intersection! Excellent terms & 6 months FREE erty! Industrial & townhomes $850/mo + utilities • Development • Over 18,000area! Sq Ftcation! in 2 bldgs potential TORONTO - OFFICE/RETAIL rent! MARKHAM FREESTANDING RESTAURANT STEELES/ $10.85/ Sq Ft - Call George 416-554-7653 $488,000 Call George 416-554-7653” SPACE BUILDING • KEELE 9 total units • Over 1.5 acres D OL EXCELLENT MARKHAM ATTENTION MEDICAL RD SKINGSTON INVESTMENT SERVICE PROVIDERS! RETAIL SPACE
www.PBcommercialteam.com | Team@PBTeam.com SI
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*Based on Re/Max Canada commissions in 2014 1st Q Own your own restaurant! Established over 20 years! Turnkey operation, 65 Turn-key automotive operation in high seats, LLBO license, and all chattels. traffic Mississauga Plaza! Previous Great loction with heavy traffic, business of PRIME Markham land! Approx 48 location beautiful acres!!! Prime 1 acre+ Goodyear at busy Dundas/Mavis & offices. Open 6 days/wk, 7:00am-7:00 road exposure just exterior minutes intersection. Beautiful stoefrom front 16th Ave/Markham Rd. Potential pm. $150,000+ in sales! Call Peter 416w/great expsoure+++$23.50/sq ft net. redevelopment site!! Ravine prop606-7882. $64,800 4114_DJW_2_0075
Excellent 1127 square foot office/retail
SOLD
11286152_4114
EXCELLENT MARKHAM INVESTMENT
Stunning freestanding building in prime Markham location! Close to Hwy 404/407 at Hwy 7/Woodbine. Approx 17,348 Sq Ft on Sq approx. 1 acreKingston with 45% officew/ 1,750 Ft of PRIME Rdzoned retail space space, and $700K in leaseholds. 2 truck excellent Kingston Rd exposure! Includes 1,750 level doors, 1 drive-in door, over 20 offices, Sqboard Ft basement! Major rooms++++ Won’tWarden/Kingston last! $3,588,000 Rd
Your opportunity is here! Share rent, space at Lawrence/Warden! Spacious utilities & bathroom, 1,100 Sq drop Ft w/professional unit with ceiling in newly modernized plaza!Prime $14.95/SF Net. lodental hygienist. Danforth 4114_DJW_1_0133 months FREE buildings on property. Tons of po- erty! Industrial & townhomes area! cation! $850/mo + utilities 4114_DJW_2_0076 intersection! Excellent terms & 64114_DJW_1_0134 rent! $10.85/ Sq Ft - Call George 416-554-7653 tential! $1,434,800 $488,000 Call George 416-554-7653”
www.PBcommercialteam.com | Team@PBTeam.com 5071 Highway 7 E., Markham ON L3R 1N3 *Based on Re/Max Canada commissions in 2014 1st Q
19G COM
Mortgages #12051
Live the Lifestyle You Deserve “Working with Pro Funds has allowed my retired father to not erode any more of his principal (which was happening with a top level investment advisor) and has provided him a better quality of life via increased cash flow, with less hassles and worry than in the open markets.”
INVESTORS, BORROWERS & LENDERS Pro Funds offers mortgage investments secured on real estate. Earn 8-16% annually! You can use cash, equity from existing real estate or registered funds. (RRSP/RESP/LIRA) Earn passive cash flow, deposited directly into your account monthly. Work with a company that has been established for over 18 years. First priority is our lenders and their security.
Call today and receive a free DVD on private lending and financing investment properties from the top-rated TV shows ‘Your Money and Real Estate’ and ‘Real Investments’.
CALL PRO FUNDS NOW 1.888.330.3866 PRO FUNDS IS FAR MORE THAN JUST A MORTGAGE COMPANY. Residential Commercial Industrial Land www.profunds.ca
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Pro Funds Mortgages 3390 South Service Rd. Suite #201, Burlington Ontario L7N 3J5
9741130_4114
Looking for funding? We can provide your project funding from $50,000 to over $100 million. Pro Funds will offer services from our team of high level experts that can assist with a seamless process from start to finish. Work with experience, expertise & honesty.