Dec 7, 2013 - Jan 31, 2014 Volume 13 Issue 13
INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa!
4913_DJW_0027
4513_DJW_0029
manufacturing facility for sale - $3,700,000.00 66,290 sq. ft., 2.93 acres, 2,000 ampere electrical capacity. Large bays, natural lighting, 18’ clear ceiling height, 7 dock doors, 4 large drive-in doors. Contact: R. Blake Hull, Sales Representative Coldwell Banker Peter Benninger Realty, Brokerage Off: 519.743.5211 bhull@coldwellbankerpbr.com
Apartment building - thamesville - $999,999 Very attractive and well-maintained 3-storey, yellow splitblock, 20-suite, condo-titled rental apartment building, centrally located on Hwy 2 in the Town of Thamesville (near Chatham). Conveniently located minutes from downtown and many amenities - grocery store, banks, restaurants, ample parking, etc. Many capital improvements have been done, including new roof Summer 2013. Suites have newer ceramic flooring and newer carpet. Lovely landscaped lot. Gross income approx. $150,000. For marketing brochure, contact: . Winston Davies, Broker of Record WinCorp Realty Inc., Real Estate Brokerage 45 Keats Crescent, Guelph, Ontario N1G 3B1 Tel: 519.836.2080 Fax: 519.836.2081 Email: wjmdavies@rogers.com
3313_DJW_0001
FREE SUBSCRIPTION!
seniors residence Land, building and business for sale. John Paisley, Broker Midevco Commercial Realty Corporation, Brokerage 905.639.7426 Ext. 202 Email: john@midevco.com www.midevco.com
Get The Commercial Investor delivered directly to your door! See inside for details
FC_4913 (COM)
2913_DJW_0004
industrial Princeton - 11,640 sq. ft industrial on 1.79 acres M3 Industrial, outside storage, 1 min. to Hwy 403, 10 mins. to Woodstock/Brantford/Hwy 401. Asking $995,000. woodstock - 5,000 sq. ft industrial building on 10 acres - Transportation/outside storage plus many Commercial uses, 747 ft Hwy frtge, includes 5 BR house rented monthly, across from Toyota Mfg & 5 minutes to Hwy 401/403. Asking $1,395,000. John Whittaker, Broker Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage Cell: 905.867.1033 Direct: 289.291.5074 jwhittaker@cbci.ca
Happy Holidays
COMMERCIAL OPPORTUNITIES
Situated along QEW corridor in Grimsby at Casablanca Blvd. 1100 sq./ft. Units starting at $264,900. Larger units available! Ideal for investors or end user. Surrounded by high density residential development with direct exposure to QEW and major anchors. 4913_DJW_3_0044
FOR LEASE
STARTING AT $10 PER SQFT. INCLUDING UTILITIES $15 PER SQ FT PLUS $9 TMI/CAM
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. 4913_DJW_2_0028
FOR SALE OR LEASE
4913_DJW_1_0064
FOR SALE OR LEASE
FOR LEASE
$1.78 MILLION OR $4 PER SQFT.
$10 PER SQFT. PLUS $3 TMI/CAM
$21 PER SQFT PLUS $4 TMI/CAM
21,000 sq. ft. of prestige industrial space with 25 ft. ceilings and 3 load levelling docks. Office space component consists of 5000 sq. ft. Adjacent to the QEW corridor with easy access to the highway in Lincoln. Vacant lot next to building included for future expansion.
Over 10,000 sqft. combined office and warehouse space, along QEW corridor in Lincoln with easy truck access, ample parking, great visibility. 2+ acre site has many possibilities to grow and expand. For sale at $2.3 Million.
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.
4913_DJW_1_0030
4913_DJW_2_0040
4913_DJW_1_0039
*HomeLife Macro Realty Inc., Independently Owned & Operated
2G
New “Brighton Business Park” in St. Catharines. Near the new Niagara Health Centre/Hospital, Smart Centres Complex and near highway access. Gross lease available, divisible between 1000 sqft. to 2500 sqft. for Office and Light Duty Industrial Uses. Starting at $10 per sqft. including utilities.
Direct QEW Exposure
Brokerage
COM
FOR LEASE
Nicholas Kazan, Broker Nicolas von Bredow, Broker
905.574.3038 1.888.751.2229 www.HLCommercial.ca
11268720_4913
H O M E L I F E M ACRO
*
COMMERCIAL RETAIL/OFFICE CONDOMINIUM OPPORTUNITY
905.270.8840
Roger Jain, P.Eng., CCIM, REI, FRI
Neil Jain, B.A., AMP
Broker /V.P. Commercial Division
Broker
C: 416.560.5246 / E: jain@ccim.net
C: 905.257.2579 / E: neil@bell.net
MIXED USE, ELLIOTT LAKE
4913_DJW_0074
Corner retail investment opportunity. Fully leased. Still lots of potential and projected growth. Minutes from the beaches. Future re-development opportunity. 12,500 sf.
Hwy 407 frontage. Industrial/commercial land. Wide ranges of uses. Full services are available at the lot line.
OFFICE - TORONTO
MIXED USE, OAKVILLE
Over 11,800 sf, fully renovated freestanding building, two storey, potentially be leased separately making this a great owner/investor opportunity. Immediate access to 400 series hwys, Airport and International Center. ASKING PRICE
$1,675,000
C1
B2
ASKING PRICE $3,950,000
A3
Great opportunity to redevelop. Possibility of High Density up to 10 stories. Near New Oakville Hospital (Under Construction). ASKING PRICE $2,250,000
Great investment opportunity in Elliot Lake Downtown, excellent project with retail on the main floor and office or residential. apartments on the second floor which is vacant and ready to be developed. Call for details. ASKING PRICE: $1,095,000
B3
OFFICE/RETAIL - HAMILTON 4913_DJW_2_0100
ASKING PRICE: $595,000 PER ACRE
4913_DJW_5_0088
ASKING PRICE: $4,495,000
4913_DJW_4_0088
LAND - BURLINGTON
ASKING PRICE: $3,590,000
4913_DJW_1_0101
A1
RETAIL - TORONTO
Commercial strip plaza, 10,100 s.f. Building anchored by Rexall Pharmacy, close to major highway, located on a street with high traffic, Serious buyers (Principal) only.
C2
4913_DJW_3_0086
ASKING PRICE: $5,995,000
Corner 2-storey office/retail building on Bloor Street. Anchored by a major bank. 4 porfessional offices. Excellent exposure. Parking lot in rear. Well maintained.
4913_DJW_2_0105
Great investment opportunity. 5 years new. 100% leased with long-term lease up to 20 years. Approx. 20,000 sf building.
RETAIL - TORONTO 4913_DJW_0073
RETAIL/OFFICE - TORONTO 4913_DJW_1_0103
OFFICE - MISSISSAUGA
®
DER UNL SOONTRDACT C
In heart of downtown Hamilton. 30,000 s.f. building with retail on the main floor. Fully tenanted. Office space on 2nd and 3rd floor for renovation. Good project with low cost of approx. $50/s.f. Call for details. ASKING PRICE $1,595,000
C3
DEVELOPMENT PROJECTS
BUSINESSES FOR SALE
U.S. PROPERTIES
- St. Catharines, mixed-use, 3 stores, 13 apts, opposite to Brock University, Opening 2014. ASKING $1,150,000
- Shell with Tim Hortons. Profitable. Net income approx. $600K. CALL FOR DETAILS - Petro Canada. Profitable. Net income approx. $500K. CALL FOR DETAILS - Sports Bar Triple ”A” Franchise. Busy intersection. ASKING $600,000 - Williams Fresh Café with Yogurty’s franchises in Burlington plaza. ASKING $495K - Kelsey’s in Toronto. Serious buyers only. CALL FOR DETAILS
- Miami, Florida: New Office/Retail Park. CALL FOR DETAILS
- Brampton, development land, 3.5 acres, permits industrial use as well as certain commercial use. ASKING $1,050,000 PER ACRE - Brampton, two lots, 1.1 acre. Many uses are permitted. ASKING $2.9 MILLION D1
- Orlando, Florida: Brand new construction, tenant McDonald, NOI & $125,000. Long lease. CALL FOR DETAILS - Sarasota, Florida: Two building Retail/Office complex. 12.858 sf, high traffic. ASKING $1.5 MILLION
D2
D3
Commercial Sales People Needed. Training shall be Provided. Please Call for Details Commercial mortgages for all types of properties (Retail, Office, Industrial, Multi-Residential, Gas Station, Hotels...) Private Money is also available for qualified Buyers. Please call for more details. 11270998_4913
3G
COM
11276500_4913
4G
COM
Volume 13 Issue 13
1
Commercial Real Estate & Business Opportunities
Featuring the best selection in industrial, commercial and investment opportunities REAd by OvER 100,000 buSiNESS REAdERS!
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Volume 13 Issue 13
Commercial Real Estate & Business Opportunities
special features 10 MONEY SMARTS — CSA encourages all Canadians to take time to “Check before you invest” 11 BUSINESS BAROMETER — Small business optimism highest since beginning of 2013 18 BUSINESS SAVVY — Loan insurance a safe bet for self-employed
18
41 BUSINESS SAVVY — Turn business travel into fun travel 42 BUSINESS SAVVY — 75 per cent of Ontario small business owners have no plans to hire next year 43 BUSINESS SAVVY — How to get your practice up and running
56
52 IN THE NEWS — Liberty Development Corporation offers premium space ‘commercial condos’ 56 IN THE NEWS — Tight commercial inventory levels impede sales activity in most major Canadian real estate markets, says RE/MAX 60 BUSINESS SAVVY — Surviving your first year: tips for small business owners
60 Glossy Section Editorial 14G LEGALLY SPEAKING — Thinking of buying property in Florida? Here’s how you do it! By Jayson Schwarz LLM
20G IN THE NEWS — CGA Ontario pays tribute to small business owners & offers valuable resources
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Commercial Real Estate & Business Opportunities
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 13
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Kitchener, Waterloo & Guelph section COverIng: Cambridge • Durham • Elora • Fergus • Guelph • Kitchener • Waterloo For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 13 Issue 13
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_4913
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 119 UNIVERSITY AVENUE WEST, WATERLOO
253-255 ALBERT STREET, WATERLOO
164 HERBERT STREET WATERLOO
D L O S 1,530,000
$
• $99,000+ Gross Income • Rental Licensed triplex • 17 students • Steps to both UW and WLU
$
• High density MR 25 zoning • MLS® 4913_DJW_0016
109 KEATS WAY PLACE, WATERLOO
1,189,000
• New Northdale Mixed Use Zoning • 82 Bed Re-Development Potential
• $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+ Potential Cash Flow • MLS®
449,900
• $34,000+ Groos Income • 6.4% Cap • Rental licensed with 7 Rental Bedrooms
• $10,000+ Positive Cash Flow ADS • MLS®
$
4913_DJW_1_0048
423 TAMARACK DRIVE, WATERLOO
429,900
395,900
4913_DJW_2_0088
$
• Investment with a cool factor! • $1250 monthly income • Authentic loft living • High ceilings, exposed brick
• Close to vibrant, downtown Kitchener • MLS®
• Fully licensed, city approved • Huge backyard • Easy walk to both universities. • MLS® 4913_DJW_1_0076
89 WILLIAM STREET WEST, WATERLOO
374,900
• Income with character • Rental licensed duplex • 73 Walk Score (Very walkable)
• $2125+ Monthly income • Great neighbourhood • MLS® 4913_DJW_0015
500 BINGEMANS CENTRE DR., KITCHENER
$
199,900
• City approved rental licenced operation • On bus route to UW • MLS® 4913_DJW_1_0075
429,900
• $35,000+gross annual income • 4 bedrooms upstairs, 3 bedrooms downstairs
$
249,900
• 6.37% Cap Rate • 10.33 Cash on Cash Return • MLS® 4913_DJW_1_0036
426 TAMARACK DRIVE, WATERLOO
$
• Expand footprint for more rooms! • Popular Student Street • MLS® 4913_DJW_1_0047
120 MANSION STREET, WATERLOO
D L O S
• $29,400. Potential gross income • 8.73% cash on cash return • 5 bedroom - Class “D”
• Opportunity abounds! • $26,000+ Gross Annual Income • Increase bedrooms in home!
• $51,300 Potential Gross Income • 9-(5+4) Student, Rental Licensed Opportunity
4913_DJW_1_0117
$
• Good clean tenants • MLS®
2-425 KEATS WAY, WATERLOO
$
439,900
130 MARSHALL STREET, WATERLOO
$
• $35,700 Gross annual income • 7.16% yield with 20% down • Nearly $7,000 positive cash flow after debt service
4913_DJW_1_0007
144 ERB STREET WEST, WATERLOO
D L O S $
529,900
$
• Steps to WLU • Over 1/3 of an Acre • MLS®
6.10 PSF
• $6.10 per sq. ft. • 2599 square feet • Newer, fresh, space available! • Modern Class A Building!
4913_DJW_1_0046
Please say you saw it in The Commercial Investor
• Close to both Highway 7/8 and proposed expansion. • Ideal for showroom/warehouse combo. 4913_DJW_1_0045 • MLS®
6
Volume 13 Issue 13
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
Whitney & Company Realty Ltd., Brokerage
INVESTMENT OPPORTUNITIES 185 GLASGOW ST, KITCHENER
416 LANCASTER ST W, KITCHENER
• Freestanding building in Belmont Village • Corner location, ample parking, pylon signage • Leased to April 2015. NOI $72,000 per annum MLS • $1,395,000 4913_DJW_0053
242 AVALON PL., KITCHENER
• Exceptionally well maintained • Boilers, windows, doors replaced • Renovated suites, detached garage...more • $1,400,000
MLS 4913_DJW_0054
• Renovated & fully leased tri-plex • Main floor commercial unit • Residential upper levels • New Price $468,800
4913_DJW_1_0097
• Redevelopment opportunity • 25,250 sq ft on 1.19 acres • Zoned for high density development • $2,295,000
MLS 4913_DJW_2_0054
• Recently renovated 6-plex • Walking distance to downtown core • Separately metered utilities • New Price $665,800
4913_DJW_2_0023
MLS
• 1.23 acre multi-res development site • Preliminary site plan approval for 32 unit apt bldg. Suitable for stacked townhouses or retirement facility. MLS • $1,350,000 4913_DJW_2_0038
MLS 4913_DJW_2_0055
90 DON VALLEY DR., KITCHENER
• Purpose built 10 bedroom student rental building • Less than 5 min walk to Conestoga College • NOI $42,268.87 per annum MLS • $629,900 4913_DJW_0055
54 BRIDGE ST W, KITCHENER
4913_DJW_2_0025
MLS 4913_DJW_2_0053
47 CHARLES ST. E., KITCHENER
1015-1051 KING ST E KITCHENER
27 RIVERVIEW PLACE, KITCHENER
• 3.63 acres industrial land • In prestigious Grand River Business Park • Located just off Victoria St. N, Kitchener • $671,550 ($185,000 per acre)
MLS 4913_DJW_2_0052
• Completely renovated 6-plex • Onsite parking • Fully leased • New Price $795,800
261 FREDERICK ST., KITCHENER
89-103 MAIN STREET, CAMBRIDGE
• 33,218 sq. ft. office building • Potential vendor take-back available • Portion of building also available for lease • $1,500,000
• 21 unit apartment building • Condo titled • Recently renovated, fully leased • New Price $2,890,800
159 CHURCH ST., KITCHENER
28 ELGIN STREET, WATERLOO
• Draft plan approved for condominiums • 17 units, 48 beds • 1 bachelor, 1-2 bedroom, 15-3 bedroom • $3,355,200
MLS 4913_DJW_0056
8157182_4913
John Markou, Sales Representative john.markou@whitneyre.com Ext 242
Christopher Coupal, Broker, CCIM christopher.coupal@whitneyre.com Ext 238
519-746-6300
James Craig, Sales Representative james.craig@whitneyre.com Ext 259 Although the information contained within is from sources believed to be reliable no warranty or representation is made to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Whitney & Company Realty Ltd., Brokerage.
Please say you saw it in The Commercial Investor
Volume 13 Issue 13
7 Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
Whitney & Company Realty Ltd., Brokerage
Leasing OPPORTUniTies 453 PARK STREET, KITCHENER
1595-1601 VICTORIA ST. N. KITCHENER
• 750 & 1,500 sq. ft. office space • Medical building behind Grand River Hospital • Pharmacy located onsite. Ample parking. MLS • $11.95 psft net 4913_DJW_0046
92 KING ST. S., WATERLOO
• Great open concept 2nd floor space • Own private entrance • 2,032 to 4,065 sq. ft. • Located in heart of uptown Waterloo
MLS 4113_DJW_1_0028
• 1,478 sq. ft. turnkey dental office, Suite 202 • 3 treatment rooms & reception area • Free onsite parking…great location • $22.00 psf net
MLS 4113_DJW_0045
MLS 4113_DJW_1_0013
• Units 2-3. 3,155 retail/office condo • Finish to your specifications • Tenant inducements to qualified tenants • $15.50 psf net/$946,500
• 2,056 sq. ft. retail/office • Brand new building • Patio space available with end unit • $20.00/sq ft net
2 KING ST. N. # 6, WATERLOO
MLS 4113_DJW_0048
James Craig, sales Representative james.craig@whitneyre.com ext 259
MLS 4113_DJW_1_0014
105 OAK PARK DRIVE, WATERLOO
• 918 sq. ft. retail unit • Great location south of University & Weber • Join Money Mart, Wendy’s & Insight Eye Care MLS • $25.00/sq ft net 4113_DJW_0046
• 1,109 sq. ft. retail/office unit • Street frontage onto Erb Street • Great location in Uptown Waterloo • $16.95/sq ft net
MLS 4113_DJW_1_0019
42 BRIDGEPORT RD. E, WATERLOO
239 WEBER ST. N. #3, WATERLOO
150 WISSLER RD #3, WATERLOO
• 1,000 sq. ft. unit in plaza • Could be restaurant, retail or office use • Great plaza location with onsite parking • $16.95/sq ft net
MLS 4113_DJW_1_0058
• 1,049 sq. ft. retail/office space • Great exposure on roundabout • Ample, free on-site parking • $19.95 psf net
18 FISCHER HALLMAN, WATERLOO
35 KING ST. N., WATERLOO
• Signature location in uptown Waterloo. • Up to 14,749 sq. ft. available • On site parking • From $15.00/sq. ft. net
• 820 - 9,605 sq. ft. retail/industrial units • New owner - improving property • Great access to Hwys 7, 8 & 85 • From $6.00 per sq. ft.
260 DOON SOUTH, # 8, KITCHENER
MLS 4113_DJW_0047
646 ERB ST. W. # 107 WATERLOO
MLS 4113_DJW_0049
• 2,523 sq. ft. retail/office unit • Great opportunity in fast growing area • Adjacent patio included at no charge • $28.00/sq ft net
Matthew Dickson, sales Representative matthew.dickson@whitneyre.com ext 261
11264450_4913
MLS 4113_DJW_0050
519-746-6300
although the information contained within is from sources believed to be reliable no warranty or representation is made to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Whitney & Company Realty Ltd., Brokerage.
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Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge 8331512_4913
Please say you saw it in The Commercial Investor
Volume 13 Issue 13
9
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
Volume 13 Issue 13
8171433_4913
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moneysmarts
Commercial Real Estate & Business Opportunities
Volume 13 Issue 13
CSA encourages all Canadians to take time to “Check before you invest”
T
he Canadian Securities Administrators (CSA) is encouraging investors to make use of free online
investor education tools that can help with finding and working with a registered financial adviser.
In October, the CSA added two new resources to its website to assist investors complete a background check and registration search - Check Before You Invest and Understanding Registration. The CSA has also refreshed its Working with a Financial Adviser brochure. “Before investors work with a financial adviser, it is essential that they do some homework on the adviser’s background and
registration status,” said Bill Rice, Chair of the CSA and Chair and CEO of the Alberta Securities Commission. “Investors must do their due diligence whenever they are considering making an investment with a new financial adviser, and the CSA resources can help.” The CSA provides a ‘check registration’ webpage (www.aretheyregistered.ca) where investors can find: ~ The National Registration Search - an online tool that makes checking your financial adviser’s registration quick and easy; ~ Understanding Registration - a resource that helps investors understand the results of their search; ~ Check Before You Invest - a workbook that people can use to record results of their background research; and ~ Working with a Financial Adviser - an updated brochure that walks investors through the steps they should take when considering and working with a financial adviser. Canadians should also watch for investor education tweets throughout October on @CSA_News for helpful tips and information. Other brochures and additional information is available on the CSA’s website, www.securities-administrators.ca, in the Investor Tools section. The CSA, the council of securities regulators of Canada’s provinces and territories, coordinates and harmonizes regulation for the Canadian capital markets. Their mandate is to protect investors from unfair or fraudulent practices through regulation of the securities industry. Part of this protection is educating investors about the risk, responsibilities and rewards of investing.
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Commercial Real Estate & Business Opportunities
TeAm AmiT Airi
Amit Airi
FULL SERVICE - RESIDENTIAL COMMERCIAL & INVESTMENT
Broker, B. Science, D. Pharmacy
Off:
RE/MAX Real Estate Centre Inc., Brokerage 766 Hespeler Road Cambridge, ON N3H 5L8 Independently Owned & Operated
519.623.6200
te a m a m i t a i ri @ g m a i l . c o m BrAnd new Building
|
W W W. A M I TA I R I . C O M
8148789_4913
COMMERCIAL PROPERTIES
18 stacked townhouses. Building has 78 inSTiTuTiOnAl ZOning $599,900 rooms, 36 bathrooms. Free cable and WIFI to A rare find! Institutional zone property currently used as place of worship in very good condition, it each individual room and building is almost has fully furnished basmt w/kitchenette & big hall. Property size approximately 4 acres (582.95 ft. fully rented. Approximately $480,000/yr rental frontage). Lots of parking, zoning allows many uses. Close to 401. mlS #1390442 income with a cap rate of 6.7%. An excellent investment property, close to Conestoga College reSidenTiAl & COmmerCiAl $369,900 and 401 in Kitchener. mlS #1394414 Excellent opportunity to own an income generating investment property with mix residential and commercial zoning, recently renovated from top to bottom. Huge lot, main floor commercial is leased Please Call for details!
$5,499,900
BUSINESSES FOR SALE Three Pizza Stores $ 39,900 - $249,900 Laundromat $ 69,000 Taxi Plates & Companies $ 99,000 - $450,000 Two Convenience Stores $ 99,900 - $119,000 Popular Sub Franchise $ 239,900 Financials available for qualified buyers Please call Amit for details!
for $1000/month, upstairs large 2 bedroom apartment is leasing for $1000/month, basement has complete seperate unit, is available for $600. 80’ X 160’ lot. Please call for details. mlS #1301488
TruCK rePAir SHOP $949,900
Attention Transporters: great opportunity to own a business with property. Well established business comes with all the equipment to run truck tire sales & repairs.One acre property with 5,000 sq ft. built area located on great location with easy access to 401. Zoning allow outside storage. mlS #1383849
STriP PlAZA $749,900
Priced sharp for quick sale! Excellent investment opportunity! Commercial and residential mix. Commercial plaza consists of 3 Commercial stores, four apartments and single detached house. Listed at 7.75% Cap Rate. mlS #1390706
6 inVeSTmenT PrOPerTieS $250,000 - $450,000 Newer homes, rented at a great price. Properties range from $250,000-$450,000. Available for purchase individually or buy whole corporation of 10 properties. Great rent to purchase ratio, in strong, stable market with reasonable growth.
businessbarometer
Small business optimism highest since beginning of 2013
S
mall business optimism was higher in November,
and is now at its highest point since February, according to the Canadian
Federation of Independent Business (CFIB). The Business Barometer index rose by nearly a full point to 65.9, over last month’s 65.0.
“The picture we’re looking at right now is reasonably positive,” said Ted Mallett, CFIB’s chief economist and vice-president.“It will be interesting to see if this trend continues among modest pricing and wage expectations in the coming months.” Newfoundland and Labrador entrepreneurs continue to have the strongest optimism in the country, leading at 74.4 points. Not far behind continue to be British Columbia (72.3), Alberta (72.1) and Saskatchewan (71.4), with Manitoba (67.6) joining its western neighbours in experiencing gains since last month. Small business optimism in Prince Edward Island and Nova Scotia also experienced slight increases (at 54.9 and 60.8 respectively), while Ontario (65.8) and Quebec (55.5) fell back slightly. With respect to sector, business owners in health and education, professional services, and natural resources were the most optimistic in November. “Expected full-time hiring plans are no different in November, but there is a slight increase in businesses expecting to cut back staff,” added Mallett.“Although this is not unusual at this time of year, net hiring does look a little weaker now than the same time in 2012.” Measured on a scale of 0 and 100, an index level above 50 means owners expecting their businesses’ performance to be stronger in the next year outnumber those expecting weaker performance. According to past results, index levels normally range between 65 and 70 when the economy is growing at its potential. The November 2013 findings are based on 1,114 responses, collected from a stratified random sample of CFIB members, to a controlledaccess web survey. Findings are statistically accurate to +/- 2.9 per cent 19 times in 20. CFIB is Canada’s largest association of small and medium-sized businesses with 109,000 members across every sector and region.
Please say you saw it in The Commercial Investor
Kitchener/Waterloo Guelph & Cambridge
Volume 13 Issue 13
12
Volume 13 Issue 13
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
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
$5.00/SQ. FT.
Real Estate Centre Inc. Brokerage
519.623.6200
$1,500/month all-in (except HST) for 2000 sq.ft. of prime space. Store front. Great exposure. Extensive pedestrian & auto traffic. Convenient area. MLS® 1395744
High visibility - extensive traffic exposure. Quick & easy access to major roadways. Zoning permits office, warehouse, wholesale, vehicle sales & service, etc. MLS® 1394604
$1,500/MONTH
4913_DJW_1_0055
Brokerage OFFICE
519.767.2392 TOLL FREE
1.800.461.9416
4913_DJW_1_0096
Situated in high traffic area. Offering abundant parking! Great opportunity w/loads of space & lrg windows providing abundant $8.00/ SQ. FT. natural light. Space includes office areas, kitchenette, bathrooms & lrg open concept area. MLS® 1394324. 4913_DJW_1_0062
T R A I L E R PA R K S M A K E G R E AT I N V E S T M E N T S W I T H STRONG CASH FLOW! Open only 6 months a year they afford owners plenty of time off in the winter. NEWLY LISTED COTTAGE RESORT! Waterfront cottage resort 1 hour drive from Kingston and Ottawa. This great little resort is on 25 acres with approximately 1,000 ft of waterfront. There is a 3 bedroom, 10-year old log home with walkout basement and 1 rental cottage, 2 3-bedroom and 9 2-bedroom. Not only can you operate this property as an ongoing cottage rental business, but it would also make a great privately owned compound. Developers might also consider a redevelopment of the property.
DOUGL A S R IEL LY Broker of Record
820.6571
519
8305540_4913
Restaurant, Variety Snack Bar, Speciality Shop, with many more possibilities! Great money maker or start/ move your business and have income! Ten$9.41/SQ. FT. GROSS $192,500 ant upstairs looking to stay long term. Many Turnkey auto body operation. Complete, modern, fullyupdates! Approx 1900 sqft building plus basement. Live- equipped auto body facility. All new equipment in 2013. Loads of secure parking. MLS® 1395741 Work also a possibility. MLS® 1395718 4913_DJW_0012 4913_DJW_0013
EMPIRE REAL ESTATE SERVICE LTD.
11269765_4913
Each office independently Owned and Operated
DouglasRielly@gmail.com
MUSKOKA FAMILY CAMPGROUND This park is located less than 2 hours north of the GTA on 90 acres of beautifully treed property and on a high traffic highway. Currently it has 250 sites and can be expanded by another 125. There is a large swimming pool, rec. hall, newer house for the owner or manager to live in, a store and reception area and several rental cabins. Most of the sites are rented to seasonal campers with a few retained for USE by overnighters. All water, hydro and septic systems are in excellent condition and this park is a money maker with very strong upside potential.
NEW LISTING IN GOD’S COUNTY Escape the big city life to this gorgeous waterfront trailer park and cottage resort on Lake Nippissing. 50 full service sites, 6 incredible cottages, state of the art septic and water systems, newer maintenance shed. Open 6 months of the year, this park is full of retired couples who go south in the winter. No money needed to upgrade anything at this park, just enjoy the lifestyle.
w w w. t r a i l e r p a r k s f o r s a l e . c a Please say you saw it in The Commercial Investor
Volume 13 Issue 13
Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SouthweStern ontario section
COverIng: Brantford • Chatham • Grey & Bruce Counties • Ingersoll • London • Owen Sound • Sarnia • Simcoe • Stratford • St. Thomas • Tillsonburg • Windsor • Woodstock For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
13
14
Volume 13 Issue 13
Commercial Real Estate & Business Opportunities
CCIM
Sales Representative
eavan@eavan.ca
Advantage Realty Ltd., Brokerage Each Office Independently Owned & Operated
519-649-6000 or
1-866-892-6006
10237786_4913
EAVAN TRAVERS
Twin City Realty Inc. Brokerage
519.720.2169 Direct 519.756.8111 Office kkarakas@remax.net
Ken Karakas
Sales Representative
11281603_4913
INVESTmENT, LONDON Multi-unit, 6 Commercial & 2-Bed Res. 0.25 Acre, 20+ Parking Asking $869,000
INDuSTRIAL * LuCAN * 1.85 ACRE 16,300 SF building, Asking $369,000 Plus 2 bed. home, Asking $133,000 To be sold as package (Redevelopment)
VACANT LAND LuCAN Industrial Sites for sale, Located 15 Min. from London Services Available to Lot Line, M1 Zoning Asking $35,000 per Acre
• Excellent location in busy plaza near LCBO & Walmart • Sales are increasing each year • Includes all equipment • Two years left on lease with two additional options of five years each • The owner will train a qualified buyer 4913_DJW_0011
GREAT OPPORTUNITY
436 QUEEN ST. N. PAISLEY, ONTARIO
581-585 WALLACE ST.
000
5, $37
Building located along the Sydenham River in Wallaceburg. 4 residential & 1 small commercial. Good R.O.I. Call for more details. $149,900.
PRICE REDUCED
Excellent opportunity! Former “Foodtown” store in Paisley. 7235 sq. ft. building on 1/2 acre commercial lot with 44 paved parking spaces. Includes all shelving, counters, fixtures and equipment. MLS #526286.
4513_DJW_2_0066
Call Dwayne Tinney Sales Representative Cell
For more information call
519-436-7229 or 519-351-1008 Wallaceburg, On.
4913_DJW_0045
Southwest Ontario
ESTABLISHED BRANTFORD BUSINESS FOR SALE
10630961_4913
Please say you saw it in The Commercial Investor
toll free
519-671-1455 888-482-3400
15
Commercial Real Estate & Business Opportunities
Professional Group Inc. Real Estate Brokerage Commercial Investment Network
Alex Faux – Dave Kerr – Jim Nagle –
Independently Owned & Operated
519.756.3900 519.754.6813 519.732.7318
SaleS repreSentativeS
8171560_4913
Invest In Brantford and Brant County Key elements for successful investment in real estate are opportunity & growth, both occurring now in Brantford & Brant County. With increasing residential and commercial development, major growth of Brantford’s Wilfred Laurier campus and a stable economy there are opportunities for all levels of real estate investors. For information on creating and maintaining healthy investments contact Alex Faux to discuss options that fit your needs and budget.
MuLtI PurPose IndustrIaL CoMPLeX Central location between Brantford and Cambridge in Paris ON. Over 160.000 sq ft of manufacturing/warehouse with frontage on 2 roads. Building is currently divided into 2 units approx 100,000 sq ft and 60,000 sq ft. Building features numerous dock level and drive-in loading doors, 2000 amp hydro service, fenced outdoor storage areas, ample parking and each unit has significant office space. VTB available to qualified purchaser.
www.alexfaux.com
Contact Alex Faux for full property information package and to arrange site tour additional info alexfaux.com or 21scottave.com 4913_DJW_4_0058
4913_DJW_0091
Invest in the future of the growth happening in Brantford! An incredible opportunity to invest in one of the busiest corners in Brantford. Close to Highway 403, 20 minutes to Hamilton and one hour to Toronto. Could be used for retail. Presently convert to a plaza for gas bar or similar type of business. The inventory on site is negotiable. Don’t miss this amazing opportunity. Dave Kerr Sales Representative 519-754-6813
4913_DJW_0090
deveLoPMent oPPortunIty! Ideal location for urban development as shown in Official plan. 67 acres of very scenic farm property located at the major intersection of Highway 24 South and the village of Scotland. Property has 4 bedroom built home, 32’ x 64’ shop with gas heat, close access to rail trail. Residential zoning and development potential. Close to Highway 403. Jim Nagle Sales Representative 519-732-7318 4913_DJW_0089
Please say you saw it in The Commercial Investor
Southwest Ontario
Volume 13 Issue 13
16
Volume 13 Issue 13
Commercial Real Estate & Business Opportunities
9992168_4913
Sales Representative
Southwest Ontario
Office: 519-797-5500 | Cell: 519-270-3055 e-mail: donamy@bmts.com www.southamptonhomes.ca
Southampton
H I G H VI S I B I LIT Y L OC AT I ON - $325, 900 1 7 A LB E RT S T. N. , S OU T H AM P T ON
PRIME CORNER COMMERCIAL- $499,000 5094 HWY 21, PORT ELGIN
Turnkey, no franchise fees, royalties, owner will train. Well maintained bldg., excellent condition. Indoor seating for 24, outdoor patio & take-out window. Vendor financing avail. Price includes building & chattels. www.chipsahoy.org
3713_DJW_0035
ZONED R-3 - $349,900 G R O S V E N O R S T. , S O U T H A M P T O N
Desirable corner lot with high visibility, close to Wal-Mart & Canadian Tire. Ideal location for commercial venture requiring high traffic flow.
MLS411044000122400
3713_DJW_1_0043
RESIDENTIAL DEVELOPMENT $549,900 LOT 20, CONCESSION 20, SAUBLE BEACH
0.98 acre lot, ideally suited for town homes or semi’s. Just 2 blocks to downtown & sand beach. Level lot, survey available. Zoning R3 & Environment Phase 1&2 documentation available. MLS #2011127129
3713_DJW_1_0402
Excellent opportunity for new housing project, close to Sauble Beach on the edge of existing development. Total of 95 acres; 22 acres had subdivision draft plan with 20 lots. MLS #410254000800500
3713_DJW_2_0044
Renate SiebeR-Schlegel land exchange ltd. brokerage
Wingham
broker of Record
519-357-3332
cell:
519-531-1177
Independently Owned and Operated
262 Josephine St., Wingham
11264376_4913
www.remaxlandexchange.ca
$209,900
DEVELOPMENT SITE
410 Shuter Street, Wingham ZONED and Ready to Go Busy well established turn key operation on a busy truck route, including restaurant, convenience store and gas station. Building is recently renovated (2012-2013) and sits on a large 3+ acre lot. Restaurant seats 59. Environmental study available. Close to 4 campgrounds.
for up to 23 dwelling Units Prime Residential 1.6 Acre Development Close to Hospital and Schools
$325,000
4513_DJW_0077
$385,000
EXCLUSIVE
$525,000
PRIME COMMERCIAL/ DEVELOPMENT
PRIME COMMERCIAL/ DEVELOPMENT property in the centre of Wingham/North Huron; Highway Commercial zoning; Environmental Study Available.
in the centre of Wingham; highway commercial zoning; Environmental Study Available.
Call Listing Agent for full information package.
Call Listing Agent for full information package.
2513_DJW_1_0136
Please say you saw it in The Commercial Investor
MLS# 262000
2513_DJW_1_0137
Volume 13 Issue 13
17
11278926_4913
ME AND SUZIE
Port Stanley, Ontario, Land, building, busienss and equipment.
4913_DJW_0076
Commercial property with excellent exposure offers offices, warehousing with overhead doors, large lot and so much more. Ask Sharon about financing options. 4913_DJW_0024 Opportunity knocks. Presently a family restaurant in Leith, this property overlooks Georgian Bay. Be your own boss. Possibilities are endless. Call Sharon to discuss. 4913_DJW_0025
This established, successful restaurant is now available. For detailed information please contact:
Fully renovated. Great office building with modern touches offering offices, reception, full basement for storage and on site parking. Financing available OAC.
4913_DJW_0026
PETER MULLINS, Broker Peter Mullins Realty, Brokerage 888.878.0004 peter@petermullins.ca 11281976_4913
519.797.5500 Cell. 519.374.4448
Bus.
Southampton
Harold Fenlon Broker
MULTIPLE LISTING SERVICE
email: h f e n l o n @ b m t s . c o m www.haroldfenlon.ca
to
99
,9
00
y nit t tu ea Por gr t oP en tm es inv
ed ic Pr
$4 99 ,9 00
2004, 2005, 2006, 2007, 2009, 2010 & 2011
ll se
$5
8297239_4913
McIntee’s Top Salesperson
http://myhomes.360photo.ca/7538
http://myhomes.360photo.ca/7538
http://myhomes.360photo.ca/7785
http://myhomes.360photo.ca/7852
FANTASTIC LOCATION Fantastic Southampton location. Business includes 4 rented units (with possibility for 5th). Licensed bar & exceptional restaurant with outdoor patio, leased office space, owner’s living quarters, second floor lounge suitable for banquets, weddings, etc. The building is in good repair and the property has many updates including newer insulation, wiring, copper plumbing. MUST be sold, owner is retiring. 4513_DJW_1_0037
COmmerCIAL OppOrTuNITy
2.58 acres in high traffic location. 4 buildings; 3 BR bungalow, 2 BR 2 storey chalet, 36’x50’ insulated workshop + commercial space (2 retail areas - 2400 sq. ft. each). Homes re-shingled w/i past 3 years. All bldgs in excellent condition, ample parking.
4513_DJW_0004
Please say you saw it in The Commercial Investor
4513_DJW_0005
4513_DJW_0006
Southwest Ontario
4913_DJW_0075
Commercial Real Estate & Business Opportunities
18
businesssavvy
Commercial Real Estate & Business Opportunities
Volume 13 Issue 13
Loan insurance a safe bet for self-employed
A
ccording to Desjardins Insurance’s last retirement survey, 17 per cent of self-
employed Canadians are carrying
debt loads of $50,000 and up. While
“People who start their own companies often think like an employee with a benefits package, where most of the risk is covered by the company. They don’t tend to ask themselves ‘If I wasn’t able to work and earn an income, would I still be able to afford my mortgage and other loan payments?’” said Nathalie Tremblay, Health Products Manager, Individual Insurance at Desjardins.“Unfortunately the answer is no, as 50 per cent of bankruptcies and mortgage foreclosures are related to disability.”
this is substantially lower than the
Loan insurance gives peace of mind
83 per cent of respondents who
Tremblay suggests that the self-employed consider loan insurance coverage because it repays the individual’s loans in case they were ever forced to stop working due to an accident or illness. There isn’t a clause for pre-existing medical conditions, as is generally the case for this type of insurance. The benefit is non-taxable and covers loans like mortgages, line of credit, RRSP loans, renovation loan, personal loan, car/vehicle loan or long-term leasing, student loan, credit card, all other fixed-term loans with regular payments.
self-identified as either employees or business owners carrying the same amount of debt, it’s still a concern because the self-employed have more to lose. This is especially true if they ever became sick or disabled. For example, among those self-employed who participated in the survey, 64 per cent owned life insurance, 60 per cent contributed to an RRSP, but only 24 per cent owned disability insurance.
“This insurance is flexible because it takes into account that your loans may vary over time. This means that between the time you apply for the insurance and when a claim is submitted, as one debt commitment is repaid it may be replaced by others. For example, if you pay off your mortgage and you take out a long-term lease for a motor home or a renovation loan, at the time of the claim, your loans will be fully covered, up to your amount of insurance,” said Tremblay. “The most important part about this type of insurance is that it allows you to concentrate on getting better instead of worrying about your obligations.” For more information about loan insurance designed for the self-employed, speak to your insurance provider. Or for more immediate answers, visit Desjardins Insurance at www.desjardinslifeinsurance.com. NC
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19
Commercial Real Estate & Business Opportunities
10863226_4913
Volume 13 Issue 13
Don Patchett Sales Representative
Business is at a Crossroads... It’s called Woodstock, Ontario
Cell: 888.314.6333
www.DonPatchett.com don@donpatchett.com
HIGH PROFILE RETAIL FOR LEASE
4913_DJW_2_0077
4513_DJW_0076
4913_DJW_0077
Office: 519.539.5646
SOLID INVESTMENT!
GREAT TENANTS
Solid office bldg on Highway 2 Woodstock. Rebuilt from foundation up in 2005 on 50 x 114 lot. Price includes adjoining 50 x 114 lot. Great tenant, good lease, high visibility location, plenty of parking. 899 Dundas St. Woostock. $549,900. MLS 72606
$159,900 in the core of Woodstock’s BIA, good income, former fur storage facility has vault, security system. Municipal parking adjacent. 557 Dundas St. MLS 71291. Call Don. 4513_DJW_2_0091
4513_DJW_3_0028
4513_DJW_2_0090
Approx 6000ft plus full basement, on-site parking, on main artery in Woodstock. Available Jan 2014. Zoned C4 highway commercial. $12 + $3.40/ft. 720 Dundas St. MLS 72396. Call Don.
SUPER LOCATION
SHOWCASE YOUR BUSINESS HERE!
Approx. 2300 sq. ft. in this well-maintained, one-floor building. Super corner location just off Dundas St. Interior houses showrooms, offices & warehouse with overhead door. C3 zoning offers many possible uses. Also available for lease. Call Dave for details.
David Hilderley Sales Representative 519.537.1469 www.DavidHilderley.com david.hilderley@centrury21.ca
Southwest Ontario
Century 21 Heritage House Ltd., Brokerage Independently Owned and Operated
Looking for professional office space in Woodstock? This unit features 2181 sq. ft. of finished offices with ample storage, washrooms, and a lunch room. Elevator, handicapped washrooms, generous foyer, large windows for natural light and ample phone/electrical outlets. Landlord is willing to discuss and implement a different configuration or leasehold improvements. Call Dave.
BUILD YOUR BUSINESS HERE $79,900. Approximately 1 acre of flat, vacant land located on a major road on the west end of Woodstock. Zoned Highway Commercial C4, there are dozens of opportunities to build your business right here! Call Dave.
George Gicopoulos
Sales Representative
Royal LePage Triland Realty, Brokerage*
SARniA STEAKHOuSE RESTAuRAnT W/PROPERTY - $1,195,000 Property and Business or Business only! Great business, short hours, 11:00 a.m. to 10:00 p.m. Great opportunity for the Entrepreneur. Good business, 6,000 sq. ft. building on 1.3 acre commercial parcel with room for expansion or re-development. Licensed for 210 inside and 70 on the patio. Located close to the Bluewater Bridge. Corner location. Great visibility. Call George for details.
*Independently Owned and Operated 8155109_4913 4113_DJW_2_0034
WOODSTOCK PROPERTY FOR SALE OR LEASE - $995,000
Approx 8500 sq. ft. on main floor + approx 2,600 sq. ft on second floor. Free-standing building previously used as Restaurant/Bar/Banquet Hall. Over 80 parking spaces located next to Walmart, Canadian Tire, Home Depot and many other retailers of a Power Centre. Owner will consider leasing with option to buy. Change of use to office, retail, medical etc. possible. Call George for details. 4113_DJW_3_0047
Magnificent building, circa 1889 with it's impressive architecture and Clock Tower, upscale 'Clock Tower Inn' with 8 recently and completely renovated suites, plus the successful 'Strathroy Ale House' Pub/ Restaurant with an excellent patio. Sale of 'business only' will also be considered with option on the property. Call George for details.
4113_DJW_3_0025
STRATHROY - $895,000 BuSinESS & PROPERTY
4113_DJW_1_0093
4113_DJW_2_0032
Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepagecommercial.com www.georgegicopoulos.com www.royallepagecommercial.com
LOnDOn RESTAuRAnT WiTH PROPERTY - $1,325,000 Family style restaurant with Banquet Room facilities for 160. Total license for 300 including patio. Plus 4 apartments in a seperate building generating additional income. One and a 1/4 acre of land with less than 9 year old 6,000 sq ft building with plenty of paved parking. Busy highway location. Owner will consider sale of business with option on property. Call George for details.
Southwestern Ontario Roadhouse Restaurant/Bar
in WOODSTOCK $389,900 Well maintained, recently renovated in 2005, located in downtown Woodstock. Ideal scenario for owner/ user with main floor tenant. Upper 2,800 sq.ft. of space also available for lease at $1,575/month or conversion to residential. Call George for details.
with Take-out & Delivery $1.4 million includes property & business. Sales in access of 2 million steadily increasing. Great reputation, good profits.
Downtown London Property For Sale or Lease
Downtown London property for sale or lease. Presently used as family style restaurant ideal for fast food or other fast moving business (namely min mart, check cashing, Lotto etc) that can benefit from having many buses stop at your front door.
Please say you saw it in The Commercial Investor
20
Commercial Real Estate & Business Opportunities
Volume 13 Issue 13
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Hamilton COverIng: Ancaster • Caledonia • Cayuga • Dundas • Dunnville • Grimsby • Hamilton • Haldimand • Stoney Creek For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 13 Issue 13
21
Commercial Real Estate & Business Opportunities
Visit my website
Augie
276 Main St. W. Hamilton, Ontario (just West of Queen St.) L8P 1J8
Ammendolia BROKER
905-518-6713 Off: 905-522-6001
HAMILTON CENTRE 9 UNITS
$689,900 9 units + 1 car workshop for further rental income. Large units mostly 2 BR plus DR. Pls. contact Listing Broker for financial information. Some rents far below market value. Property to be severed from 547 Main St. E. Seller is proceeding with severance application. Lot size: 73.4 x 137.35 Irreg. (Imperial).
4913_DJW_1_0073
HAMILTON CENTRE TRIPLEX
$269,900 Charming Victorian style home. Close to downtown. 1 and 3 BR units, parking on site. “Close proximity to downtown and International Village. Possible owner occupied professional use.”
4913_DJW_1_0106
HAMILTON CENTRE COMMERCIAL/RESIDENTIAL
$489,900
Impressive mixed use H commercial property on major artery previously used as 3 seperate Real Estate Brokerage offices. Presently used as 2 Family dwelling,e xcellent condition and improvements. High visibility and traffic count. Approx 2900 total SF of finished space. Huge double car garage easily converted to further 4913_DJW_1_0067 office/professional use.
HAMILTON CENTRE - TRIPLEX
4913_DJW_2_0016
$169,900
RESTAURANT/BAR/ DEVELOPMENT OPPORTUNITY WEST HAMILTON
$675,000
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 4913_DJW_0049 and floor plan information.
HAMILTON CENTRE - BANQUET HALL/RESTAURANT/BAR
$575,000
Located near the new Centre Mall redeveloped Power Centre & walking distance to the vibrant Ottawa St. BTA. Established bar/banquet facility approx 20,000 SF Licenced bar - 393 persons, banquet hall - 400 people w/additional 60 persons on mezzanine. 50 parking slots at rear. 2 commercial units leased at $900 and $450 monthly. Price includes 4913_DJW_1_0068 business and real estate.
HAMILTON CENTRE - COMMERCIAL/ RESIDENTIAL BLDG.
$1,295,000
HAMILTON CENTRE 4 PLEX
Solid 2 1/2 storey brick used as 4 family home. 3 car garages. Workshop or storage. 200 amp breaker service with wired smoke detector. Close to downtown and bus routes. 3 -1 BR and 1 - 2 BR.
4913_DJW_1_0105
HAMILTON CENTRE 3 STORES/3 APTS
4913_DJW_0048
HAMILTON CENTRE TRIPLEX
$289,900 Stately triplex to be severed from 549 Main St. E. Close to downtown large wellappointed apartments on 1st and 2nd floor. Possible professional use, high visibility, parking at rear with 4 garage. Lot Size: 33’ x 137’ Irregular
4913_DJW_2_0074
CENTRAL MOUNTAIN DEVELOPMENT SITE
Prime corner development site with building suitable for redevelopment to retail plaza & or high rise development. Can be purchased with adjacent property 756 King St. E. Pls. contact Augie for additional information on the proposed development.
Renovated - 3 family property on major street south of Main St. Separate hydro meters for all unites. Suit possible commercial professional use. Pls. contact Listing Agent for financial information.
$449,900 Excellent corner building. Lots of improvements 3-2 br apts. Completely renovated. All untis have independent heating and hydro. Across from McDonalds and near Ivor Wynne Stadium.
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 4913_DJW_1_0084 SIZE: 107.3 FT X 158 FT.
HAMILTON DOWNTOWN $1,295,000 DEVELOPMENT SITE
$254,900
4913_DJW_1_0083
Please say you saw it in The Commercial Investor
$349,900 Large lot 60 ft. by 290 ft. near Upper James. Suit many home businesses. Charming home, many upgrades. Euro style kitchen. Hi-eff furnace. Ceramic & hardwood floors. Detached garage. Note: Rear of property has development potential, possible rezoning of property for development.
4913_DJW_0050
8471320_4913
HAMILTON INCOME PROPERTIES
Hamilton
Cell:
22
Volume 13 Issue 13
Commercial Real Estate & Business Opportunities
WE BUY COMMERCIAL REAL ESTATE
4913_DJW_0052
Hamilton
We are looking for retail plazas and mixed-use buildings Anywhere in Ontario Minimum 3 retail units
Principals only. No Realtors please. Cash Purchase and Fast Closing 11250884_4913
8181662_4513
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Coldwell Banker Pinnacle Real Estate, Brokerage
905.388.1110 / 1.877.938.1110
D L E SO H T H G U L O A R I C TH R E M M R O O C T S E V IN ramzi@ramzitwal.com | www.ramzitwal.com 775 Upper Wentworth St. Hamilton ON
6 UNIT APARTMENT BUILDING Next to Hamilton General Hospital fully tenanted with solar panels on roof for extra income. Presently rent includes utilities. Separate meters available. Solar panels included in sale. Corner site, high-traffic location, near public parking & transportation, shopping & the hospital.
Please say you saw it in The Commercial Investor
4513_DJW_0106
Brook Building-mag_09-20-13.pdf
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Hamilton
Commercial Real Estate & Business Opportunities
11277225_4913
Volume 13 Issue 13
9/17/13
What our clients are saying about us “Very satisfied with the results! My Mary Street property is under contract - in total there were 16 inquiries (so far) as a result of the ad for this property (I track my calls: ‘Where did you learn about this property?’). Cootes Dr. will hopefully be leased by week’s end. Crystal Beach will be coming off the market for the winter months. The ad was well received by my sellers, 2 of which did not know I advertised their properties but were pleasantly surprised when looking through the Commercial Investor - 1 of which was picked up in a coffee shop. All in all great value for both myself and my clients.” Adam Skibinski Sales Representative
Royal LePage State Realty, Brokerage For information call 1.800.268.0077 Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 13
Hamilton 11236833_4913
Please say you saw it in The Commercial Investor
Volume 13 Issue 13
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Commercial Real Estate & Business Opportunities 8646600_4913
The Shar ma Team
Independently owned & opeRated
state realty brokerage independently owned and operated
G IN
O UR C O M
M
FOR OVER 40 YEARS
905-574-4600
905-662-6039 905-574-7441 info@ricksharma.com
SER V
987 rymal road east hamilton, on, l8W 3m2
Broker
ITY UN
State Realty BRokeRage
Rick Sharma
george kyprianou
sales representative
COMMERCIAL BUILDING FOR LEASE
www.thesharmateam.ca
Commercial/Residential - hamilton
Great location on Garner Rd. Just West of Walmart, beside the Egg and I restaurant. Approx 4600 sq ft retail or office. Owner willing to divide to suit tenant. To view call George Kyprianou at 905 574 4600.
R
TE
S CA
8342700_4913
AN
ST CATHARINES RESTAURANT
Located in plaza. Very well established “franchise” family restaurant. Total capacity of 190. Lots of parking. Gross income $1,150,000. For more information call George Kyprianou at 905 574 4600.
ICE PR 00 G N 0 KI 9, AS $19
4913_DJW_0107
11273535_4913
Unbelievable investment, solid brick. Approx 9% return on your investment. Thousands of $$ spent in remodelling. Private parking. Resi-7 bedrms, 3 baths & 2 bedrm apartment. Rental understanding w/McMaster University for student rental. Close to Dundurn Castle, Buses, Shops, Downtown & Hwy 403. 24 hrs notice for showing. $649,900. H3119870 4913_DJW_0001
HAMILTON BUILDING
4913_DJW_0108
MAKE AL YOUR FIRST CHOICE!
SEARCH FOR AL ON
FOLLOW US ON FIND US ON
Solid building on King St. E. Approx 2700 sq ft. High ceilings. It used to be bank. It is a corner property with lots of parking. To view call George Kyprianou at 905 574 4600.
ICE PR 00 G KIN 9,9 AS $29
FOR SELLERS & BUYERS SEARCH ONLINE @ REALTOR.CA OR GET THE APP! (FOR SMARTPHONES)
DIRECT LINE VISIT
www.alcosentino.com
ESCARPMENT REALTY INC. BROKERAGE INDEPENDANTLY OWNED & OPERATED
EAST MOUNTAIN
“OPTIONS/UNIQUE CORNER” Amazing approx 3000 sq ft of useable space was used as professional office & living residence. Huge 2 car garage w/steel beams. Ask for Al’s on-line marketing today!
TOLL FREE
STONEY CREEK
$
“DEVELOPMENT SITE” Prime Industrial/Commercial corner site. High traffic exposure 1.8 acres. Near Hwy & Lake Ontario. Zoned (M3). Ask for Al’s on-line marketing today!
4913_DJW_0042
EAST HAMILTON
EAST MOUNTAIN
al@alcosentino.com
“BIG GARAGE/INVESTMENT”
SOLD R TO INVESTO
OR MAKE AN OFFER
569,997
905-570-9997
1-855-570-9997
Used as Auto Repair service station. Leased out for $1800/mth plus utilities. Approx 2600 sq ft 14x14 bay garage includes 2 hoists/1 welding machine. Ask for Al’s on-line marketing today.
$ 999,997 OR MAKE AN OFFER 3713_DJW_1_0136
EAST NORTH HAMILTON
$ 209,997 OR MAKE AN OFFER 3713_DJW_1_0060
EAST MOUNTAIN
“BUILD TO SUIT YOUR NEEDS”
BIG OR SMALL, WE SELL THEM ALL! Vacant land 20 X 100. One time was Commercial Retail/Residential above. Now rented for $500/mth. No lease. High traffic location. Ask Al for Al’s on-line marketing today!
“AMAZING CORNER FOR PROJECT”
64,997 -
$
SELLER CAN HOLD 1ST MTG 3713_DJW_1_0016
Corner exposure high traffic used as car lot or for many other uses. Zoned “H” Commercial 145 x 100 development project. Ask for Al’s online marketing today.
“INVESTMENT/PERSONAL USE”
499,997 OR
$
TRADE CASH
4513_DJW_0066
“FOR LEASE”
219,997
$ Industrial garage warehouse OR approx 2300 sq ft w/grade loading BEST OFFER 12 ft door & 2,000 sq ft of office above. Fully rented. Seller will hold 1st mgt. Ask for Al’s on-line marketing today! 3713_DJW_1_0017
Auto service centre w/4 bays hoist, compressor, high traffic location. Easy downtown access, hospital & shopping. Ask for Al’s on line marketing today!
3500/MONTH
$
NET
4913_DJW_0043
“CALL AL TODAY, PUT YOUR COMMERCIAL INVESTMENT PROPERTY ON THE MARKET! Please say you saw it in The Commercial Investor
Hamilton
4913_DJW_2_0081
26
Commercial Real Estate & Business Opportunities
Volume 13 Issue 13
Building value on a rental property… It’s all about the NOI C: 905.870.5852 | F: 905.631.6505 Visit our website: www.investprorealty.com Follow me on: http://twitter.com/#!/DinoNicosia
Building value on a rental property…It’s all about the N
Dino Nicosia, Broker Of Record, President | Investpro Realty and Appraisal Ltd., Brokerage
8171452_4913
Hamilton
For example, let’s assume you purchased a 20 unit apartment building wh annual NOI of $100,000.00, and the purchase price of this property was $ Therefore based on this purchase price, you are receiving a 10% return on other words, the Cap Rate on this purchase was 10%.
Combined with the Cap Rate, the NOI will be instrumental in establishing property’s value. Therefore if you want to increase the value of your tena you must improve your NOI.
There are three major ways to increase the NOI: The real estate market is divided into many submarkets, such as commercial, There are three major ways to increase the NOI: 1. Find ways to increase rents without affecting the vacancy. industrial, vacant land and residential. The sub market for residential can 1. Find ways to increase rents without affecting the vacancy. be separated into two categories; the owner occupied and tenant occupied 2. Reduce property expenses without neglecting the property. Reduce property expenses without neglecting the property. properties. The value of the owner occupied propertyBroker is mostly determined Dino Nicosia, of Record,2.Investpro Realty and Appraisal Ltd., Brokerage 3. Do not rent the equipment…own them. by supply and demand. This demand is significantly influenced by disposable 3. Do not rent the equipment… own them. income, interest rates, consumer confidence and political and economical The real estate divided into many submarkets, such as commercial, ind climate. Although the tenant occupied property value is market influenced byisthe same factors, in addition it is affected more importantly by the income land and residential. The itsub market for residential can be separated into two ca generates. With this type of residential property you are not just buying the tenant occupied properties. bricks and mortar, you are alsoowner buying theoccupied income that is and being produced from the rent. Therefore a tenant occupied property is also classified as an The value of the owner occupied property is mostly determined by supply and de investment property.
demand significantly by disposable income, interest rates, consume Since the value of an investment property isislargely determined byinfluenced the income it produces, we shouldand relate this to running a business where the political and economical climate. Although the tenant occupied property valu goal is to end up with money in our pocket at the end of the month. After collecting the rent and paying by all the bills,same the amount of money in left addition over, the factors, it is affected more importantly by the income it g (before making the mortgage payments), is called the Net Operating 1. Increasing With this of residential you arerents: not just buying the bricks and mort Income (NOI). To determine an accurate NOI,type the expenses must include property property taxes, insurance, maintenance, vacancy reserve, utilities, garbage 1. rents: also buying the income that is being produced from the rent. Therefore a tenant WeIncreasing will demonstrate the tremendous impact on value from rent increases, with removal, lawn service, plowing, wages and management fees if any. The ownership of a recently purchased 21 unit apartment building, created a bu We will demonstrate the tremendous impact on value from rent increases, property is also classified as an investment property. The NOI is directly tied into the Capitalization Rate (also referred to as the with all units that became vacant and attempt to maximize their rents. They knew th this real life example. The ownership of a recently purchased 21 unit Cap Rate). The Cap Rate essentially represents the percentage return on apartment increasing the NOI, which wouldplan escalate the value theirthat property. building, createdinaturn business to renovate all of units an all cash purchase (not takingSince mortgage debt into account). refer became the value of anSimply investment property is attempt largely determined byThey theknew income it produc vacant and to maximize their rents. the great The plan of was to renovate and increase eachwould unit byescalate an average of $100.00 per m to the Cap Rate as being the return on the investment, and note that the potential increasing the NOI, which in turn the value of relate this to running a businessyear). where the goal is to end up with money in our pocket a Assuming that the current market Cap Rate is 7%, the value of the propert Cap Rate will be determined by the current market sales in the area of the their property. subject property. by justall increasing rent on unit ($1,200.00 divided by 7%over, cap rate( month. After collecting the rent$17,000.00 and paying the bills, theoneamount of money left The plan was to renovate and increase each unit by an average of $100.00 year they were able to maximize rents to ten apartment units for a total annual For example, let’s assume youthe purchased a 20 unit apartment building mortgage payments), is called the Net Operating (NOI). To determine an ac per month ($1,200.00 per year). Income Assuming that the current market Cap $14,000.00. This amount translated to an increase in value by $200,000.00. which generates an annual NOI of $100,000.00, and the purchase price of Rate is 7%, the value of the property would escalate by $17,000.00 by just expenses must property taxes, insurance, maintenance, vacancy reserve, utilitie this property was $1,000,000.00. Therefore based on include this purchase price, increasing rent on one unit ($1,200.00 divided by 7% cap rate). In the you are receiving a 10% return on the investment; or inservice, other words,plowing, the Cap course removal, lawn wages and fees rents if any. of one year management they were able to maximize to ten apartment units Rate on this purchase was 10%. for a total annual increase to the NOI by $14,000.00. This amount translated to an increase in value by $200,000.00. Combined with the Cap Rate, the NOINOI will beis instrumental establishing The directlyin tied into the Capitalization Rate (also referred to as the Cap Ra the investment property’s value. Therefore if you want to increase the value Rate essentially represents the percentage return on an all cash purchase (not ta of your tenant occupied property, you must improve your NOI. Con’t on next page
debt into account). Simply refer to the Cap Rate as being the return on the invest note that the Cap Rate will be determined by the current market sales in the area property. Please say you saw it in The Commercial Investor
Commercial Real Estate & Business Opportunities
Before an investor undertakes this task, they should ask themselves; → Is it worthwhile to spend money for renovations if the rents can be increased as a result of the renovations? . → Do the increased rents justify the expense? → Will the increase in value as a result of the renovations justify the expense? First let’s establish how long will it take to recoup the renovation costs? The answer comes down to doing the math. In the above example the renovation cost was approximately $3,000.00 per unit. After the renovation was complete the rents were increased by an average of $100.00 per month or $1,200.00 annually. It will take 30 months to recoup the expense or in other words the payback on the investment is 2.5 years. That equates to an approximate 40% annual return on the renovation investment, ($1200/$3000 = 40%). But most importantly the total value of the property based on a 7% cap rate had increased by $200,000.00. In this example, it’s clear that the renovations at a cost of $3,000.00 per unit ($30,000 for all 10 units) was a prudent investment
2. Reducing Expenses: Reducing property expenses is often the most cost effective way to improve the NOI and increase value. ✔ Utilities: Assess how much you are paying for heat, water and hydro and then establish how you can reduce these charges. → Water: Conduct routine checks for water leaks and running toilets in each unit → Heat: Check for loss of heat from windows, dirty radiators, old boiler system → Hydro: If you are paying for the unit hydro, remember that old fridges consume more; charge extra for the use of A/C window units and check the timer to the common area and exterior lights. Educate your tenants on the benefits of energy conservation. ✔ Realty Taxes: Are you paying too much realty tax? Let’s face it, paying too much realty tax on investment properties could significantly impact the NOI and dramatically reduce value. Unfortunately most investors take this large expense for granted and assume that the assessment on their investment property is correct and never bother to investigate it.
27
Should you not agree with the results from the reconsideration process, you still have the option for an appeal. The appeal process is more involved and will not be covered in this article. In reference to the application for the Request for Reconsideration by my client I am pleased to say it was a huge success. The owner received a revised tax assessment and a refund cheque for over $11,000.00. It was not just the refund that was gratifying, the increase in the NOI as a result of the realty tax reduction translated to a huge rise in value. By taking the revised net income and using a market cap rate of 7%, this equated to about a $150,000.00 increase in value!
3. Rental Equipment: Another relatively easy way to reduce your expenses and increase the NOI is to eliminate rental equipment. Make a plan to owning them instead. We continue another real life example of how the property value was increased for a 21 unit apartment building. The hot water tank rental was approximately $300 per month (including taxes) which equated to $3,600 per year. The cost to purchase and install the equipment was approximately $4,000.00. The purchase of this hot water tank was a great investment simply because of the approximate one year payback! But more importantly, this change also increased the property value by simply reducing of the operating expenses (or increasing the NOI) by $3,600.00 per year.
Hamilton
Volume 13 Issue 13
How much would the property value increase after this relatively low investment? To assess the impact of the $3,600.00 of extra income that was generated by reducing the annual hot water rental expense, we need to divide this amount by the market Cap Rate. Let’s assume the current market Cap Rate is 7.0%, therefore by dividing by this Cap Rate the value had increased by $51,000.00, just by improving the NOI. ($3,600/7.0% = $51,000.00).
The above scenarios demonstrate how simple investment undertakings produced a tremendous return rate and helped generate a huge increase in The above scenarios demonstrate how simple investment undertakings produced a property value. One can now clearly see that increasing rents and or lowering rate and helped generate a huge increase in property value. One can now clearly s expenses, (even if it requires expenditure to do so), is a wise decision. rents and or lowering expenses, (even if it requires expenditure to do so), is a wise d
On the first real life scenario, the property was just sold for a $300,000.00 On the first real life scenario, the property was just sold for a $300,000.00 profit, afte profit, after only one year of ownership. ownership.
Remember, it is all about the NOI. Remember, it is all about the NOI.
The reality is that many landlords are paying too much realty tax without being aware of it. As an owner, you should make a point to investigate if you are paying too much realty tax on all your properties. I would like to share another real life experience of how an owner reduced his property tax by over $10,000.00 per year. In a transaction about 4 years ago, I noted that the property tax on my client’s new acquisition (a 20 unit apartment building in Hamilton On) appeared to be extremely high, based on my many comparables. Doing a quick check I calculated that the realty tax was about $12,000.00 too high. The first step was to ask MPAC to review the assessment through a simple on line application called Request for Reconsideration (RfR)” Do your homework by obtaining the assessments on similar properties. If you are convinced your property is over assessed, then simply go to the MPAC website and follow the instructions; download, and fully complete the (RfR) form. A local assessment officer will be appointed to review your application. Once the officer completes his investigation you will be notified on their decision. Please say you saw it in The Commercial Investor
8171394_4913
Volume 13 Issue 13
Commercial Real Estate & Business Opportunities
Investpro Realty
9558936_4913
And Appraisal Ltd. Brokerage
The Apartment Building Specialists “Your Investment Partner for Life”
Kandy Thompson,
Sales Representative
Direct: 289-244-5627 Email: kandy@investprorealty.com
Direct: 905-870-5852 Email: dino@investprorealty.com 19 UNITS, HAMILTON
4513_DJW_3_0057
4513_DJW_2_0059
W NE
PR
Rents below market. Shows well. Great upside. Visit our website for more information.
6 UNITS - EAST HAMILTON
5 UNITS WEST HAMILTON
14 UNITS HAMILTON
4513_DJW_3_0084
4513_DJW_2_0058
30 minutes from Hamilton. Only 8 years old. For more details visit our website.
West Hamilton near waterfront. For more details visit our website.
12 UNITS HAMILTON
7 UNITS
CE
I
D T LI EN SO STM E NV
I
East Hamilton near Gage Park. Great condition. Visit our website for details. 3 UNITS IN ST. CATHARINES D O W O LO G HF S CA
4513_DJW_1_0145
4513_DJW_1_0100
Most apartments are renovated. Spacious units. 8% Cap Rate.
PR
24 UNITS LONDON E IC
East Hamilton near Ottawa St. shopping district. Visit our website for details. E OM IGN INC F S A O TR O EX OM R FR
W NE
46 UNITS DUNNVILLE H E RT IV O DR WE TH
4513_DJW_3_0054
Hamilton
T S KE NT AR RE M W LO BE
4513_DJW_1_0071
Broker of Record
Great condition and location. Renovated, spotless building. Never any vacancy. Safe investment. Visit our website for details.
4513_DJW_2_0053
Dino Nicosia,
www.investprorealty.com
In desirable Stoney Creek.
Great condition and location. Visit our website for details.
HAPPY HOLIDAYS Please say you saw it in The Commercial Investor
4513_DJW_2_0078
28
Volume 13 Issue 13
29
Commercial Real Estate & Business Opportunities
120 MOHaWK POInt Lane, DUnnvILLe $1,500,000
1066 BROaD St, DUnnvILLe $875,000
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.
4513_DJW_1_0074
676 KInG StReet, WeLLanD $799,900
2071 MaIn St S, JaRvIS $764,000
Affordable 11 plex investment property on outskirts of Jarvis. Approx. 35-45 mins SW of Hamilton. This well maintained brick bldg inc 11x2 bdrm units w 11 fridges & 11 stoves. Comm laundry rm w new coin op machines ‘09. 3 units in bsmnt, 4 on main lvl & 4 on upr with balconies. Fully rented w super w 12 yr tenure. Allow notice for showings. 4513_DJW_1_0065
725 MaIn St, DUnnvILLe $429,000
Sought after 1 ac comm prop offering excellent visual exposure in developing Dunnville area.Inclds 1990 blt Braemer constr’d 6000 sqft bldg w/3600 sqft 6 bay gar w/2 roll-up doors, 2400 sqft mod showrm w/floor-ceiling wndows,3 baths,several offices, n/gas heat, munic wtr, ind septic syst., asphalt lot for 40 vehicles. 4513_DJW_1_0087
334-338 MaIn StReet, PORt DOveR $499,000
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! 4513_DJW_3_0044
COMMeRCIaL/InveStMent POtentIaL In JaRvIS Rare .79 ac plan of subdivision approved parcel of developed land. All services at or near lot line. Allows for const of 24 unit condo res complex comprosed of 6-1000 sqft units/flr. Outside pkg for 38 vehicles. Buyer resp for all charges/permits/due diligence pertaining to future use. Survey avail. 4513_DJW_1_0082
Plan of subdivision approved .84ac parcel of comm zoned land allows for the const of approx 8500 sqft comm strip mall. Perfect for 4x2100 sqft sep units. Inclds 30 outdr pkg spaces. Buyer/ buyer solic to verify and/ or respons for future dev charges/levels/bldg permits & due diligences for intended use. Survey available.
#2 el 00 rc 9,0 Pa 29 $
P $3 arc 99 el ,0 #1 00
Excellent restaurant biz/property-family owned/operated for 60 yrs+. Mega facility inc huge comm kitch w/upgraded equip/multiple walk-in coolers. Breakfast dining in frontdinner dining in rear w/sep entrances. Loads of parking! Steady clientele, equipped for lrg group meetings/parties. 4513_DJW_3_0040 Profitable turnkey biz-Note 4% commiss!
3.68 ac multi-func prop in Dunnville’s new desired bus district. Well maint’d prop offers 237 ft of frntg on Hwy 3 E. Boasts excel visual exposure w/high traffic. Inclds 1300 sqft bldg w/ mod showroom, rear offices, 3 baths.Incorporates 3000 sqft garage & sep autobody shop & lrg paved prkg lot. Buyer to complete due dilegence. 4513_DJW_2_0088
4513_DJW_1_0081
14 ROBInSOn St, SIMCOe $176,000
267 COnCeSSIOn 6, JaRvIS $445,000
Unique private 1ac property on paved rd. Zoned for legal boarding/rooming house. Buyer to verify. Incs 5500 sf reblt07 institutional designed 2 stry dwelling w/10 bdrms, 5 baths, comm. kitchen, fin bsmt, pvd drive? Thousands spent to meet code incs comm. security sys, windows, floors, water/septicsystem-less then 2 hr commute to TO/London. 4913_DJW_0014
113 MaIn StReet, JaRvIS $399,000
2 MaIn avenUe W, FISHeRvILLe $199,000
Profitable turnkey business approx. 35-40 mins. S. of Hamilton, en route to Lake Erie in busy convenient store, 2-pump gas station, 50 x 21 ft. mechanic’s garage (functional), w/hoist & air compressor. Groceries, milk, cigarettes, lottery, phone card, ATM, bulk water refill, movie rentals & more. Incl. reno’d 1100 sq. ft. 2 bdrm. upr. level living unit, $800 per month 4513_DJW_1_2301
Great mixed use property offers a hi-exposure street lvl comm unit with long term tenant in place & 2 res units on the upr lvl. 1 bdrm currently rented out & freshly reno’d 2 bdrm that is available for rent. Parking in the rear produces income. 4513_DJW_1_0091
Calling all develpers/contractors/investors-lrg 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. Please say you saw it in The Commercial Investor
Hamilton
8171399_4913
Re/Max escarpment Realty Inc Brokerage
30
Commercial Real Estate & Business Opportunities
Volume 13 Issue 13
Pat & Deborah Rotella Sales Representatives email: rotella@royallepage.ca
STATE REALTY BROKERAGE INDEPENDENTLY OWNED AND OPERATED
905-662-6666 | 1-877-574-7441
FORMER TREE FARM HIGHWAY #8 FLAMBOROUGH - $649,990
Hamilton Former “Beverly Nursery” Property on 10 acres with a clean 2 bdrm bungalow with double garage & full basement. Leased to excellent tenants @ $1400/month + UTLS + an additional $300/month for sign rental. Pond, well, mature trees, large cover-all barn over 480’ of frontage with great hwy exposure. 4913_DJW_0098
10Acres in WAinfleet $79,900 Bush lot 331’ x 1311’ on unimproved township road. Privacy, wildlife and located close to Chippewa Creek Conservation area. Taxes $300.00 for 2013. Vendor may assist with financing. Great for hunters of investment 11272459_4913 11278774_4913
Your Choice Realty Corp., Brokerage Team Office 24 hours a day 905-560-1-MAX Jawad Chaudhry, Salesperson (905) 928-0211 or email: JC@OneMaxTeam.com Fuad Chaudhry, Salesperson (905) 928-3833 or email: FC@OneMaxTeam.com
Available Now! ,8
$5
HWY REST STOP ON 400 SERIES. 45 MINUTES NORTH OF GTA Gas, Diesel, Restaurant, Garage and more. $1M annual Net Income (Less Wages). With room to increase income dramatically. Includes a house, building lot, and 30 acres of prime land (possible hotel, storage facility, etc). Once in a lifetime chance!!
,5
$3
0
00
, 00
NEWER ESSO GAS STATION 45 Min from Hamilton, about 3 years old, over 6M liters and growing. 700K store sale. Perfect for investor or Owner Operator. Principals Only.
4913_DJW_1_0063
,
$2
00
,0
0 50
SHELL GAS STATION W/CAR WASH
OPPORTUNITY KNOCKS!
45 min from Hamilton. Established for over 20 years, this is a real money making machine. Completely updated with all the latest and greatest technology. WON’T LAST - Principals Only.
Hasty Market located in an action packed area with sales climbing everyday. Next door to Tim Hortons, and with plenty of parking this store is the key destination for convenience needs. Many new condo buildings are being built in the area, with potential of doubling the sale or more. There is room to improve sales by adding deli counter, extending hours, adding additional stock, etc. Lotto Machine, ATM, great neighbours, lots of parking, and busy street location make this an A+++ location. Inventory is Extra. 4913_DJW_3_0091
4913_DJW_3_0064
Please say you saw it in The Commercial Investor
www.OneMaxTeam.com
0
00
, 00
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Commercial Real Estate & Business Opportunities
Hamilton
111281728_4913
Volume 13 Issue 13
Please say you saw it in The Commercial Investor
Commercial Real Estate & Business Opportunities
Volume 13 Issue 13 8181662_4913
32
Coldwell Banker Pinnacle Real Estate, Brokerage
905.388.1110 / 1.877.938.1110 ramzi@ramzitwal.com | www.ramzitwal.com 775 Upper Wentworth St. Hamilton ON
Hamilton
I would like to wish all my clients, colleagues, and associates all the best and a very happy, healthy holiday season. What our clients are saying about us “I have been advertising in Commercial Investor for over 8 years now as it is very beneficial form of marketing for our company due to its high reach and targeted clientele. Almost 50% of our leads are generated through the magazine’s readership, which is incredible. This advertising is very valuable to Pro Funds Mortgages, and it is something I will ensure to use for many years to come.” Carmen Campagnaro President
Pro Funds Mortgages
For information call 1.800.268.0077 Please say you saw it in The Commercial Investor
Volume 13 Issue 13
33 10932058_4913
Commercial Real Estate & Business Opportunities
Wishing all Peace, Happiness and Prosperity during the upcoming Christmas and Holiday season.
From your friends, staff and crew at WINK PROPERTIES & REALTY.
DUNDAS - FALLSVIEW SHOP FOR LEASE
Pristine newer shop (Unit #3) for lease in part of building. Suits many lighter uses such as storage, trades, repairs, manufacturing or creative works. Fully heated w/security, quick HWY ACCESS & great gross lease (only pay HST). 1500 SF+-, asking $1500/month. 4913_DJW_0092 dce th du n re 9/mo 4 $5
Additional shop (Unit #4) for lease w/16’ ceilings & large overhead doors. Suits many lighter uses such as storage, trades, repairs, manufacturing or creative works. Fully heated w/security, quick HWY ACCESS & great gross lease (only pay HST). 1350 SF+-, asking $1250/month. 4913_DJW_0093
WESTDALE - FOR LEASE
WANTED
Approx. 300 sf ground floor commercial space Suits Retail/Food Service/Office w/flexible ‘H’ zoning Gross inclusive rent tenant only pays hydro Full onsite parking, sep. washroom & storage 2-Year min term required
apartment buildings if considering selling your apartment building, please contact paul for a confidential discussion
4913_DJW_2_0036
mArQuee InternAtIonAL BrAnd WILL mAnAGe Hamilton
DUNDAS - PRISTINE SHOP FOR LEASE
280 UNIT LUXURY CARIBBEAN HOTEL & CONDO RESORT
• Liens currently in excess of $110M - PP to be discussed w/LBO • Currently functioning resort with some individual condo ownership. • 2/3 complete & currently in receivership • Large hotel/resort operator needed • Brokerage herein has a large investment fund prepared to assume debt and re-assign to qualified purchaser. • Purchasing enitity must have suitable experience and a net worth of approx. $40M • Complexity to this purchase - please email for further details.
Contact us for our investor alerts, current & quarterly market reports, for the best local & out of town investment opportunities. 4913_DJW_1_7773
10339498_4913
‘ Comprehensive Investment Property Advice’ 17+ years Private Realty & Commercial Investment Experience
FOR
FURTHER INFORMATION:
JOHN HRYCZYNSKI BROKER
(905) EMAIL:
REAL ESTATE BROKERAGE COMMERCIAL
240
JOHN@BBSREALTY.COM
WWW.BBSREALTY.COM COMMERCIAL REAL ESTATE
REAL ESTATE SALES AND LEASING SERVICES
EAST HAMILTON MOUNTAIN Prime retail/office complex located at the corner Upper Ottawa & Stone Church with easy access to major roads and highways. Multi unit complex with retail units from 952 sf to 5,488 sf available for lease. Also, a fully turn keyed restaurant space available for lease. Excellent exposure to high traffic. Competitive rental rates, incredible parking, immediate possession. Call for further details.
RETAIL/OFFICE FOR LEASE
RETAIL/OFFICE FOR LEASE
RETAIL/OFFICE SPACE FOR LEASE 4913_DJW_3_0110
HESS VILLAGE ENTERTAINMENT DISTRICT Excellent exposure and desirable location. Rare opportunity to locate your business in this Classic renovated Victorian building. Unit 118- 1,100 sf, currently Salon use, ideal for same & Unit 116 1,391 sf + 800 sf patio (extra), ideal for a bar/restaurant, cafe/coffee shop or most retail uses. Both units may be leased together. Price reduced. Call LA for details. Immediate possession.
4913_DJW_3_0026
MAIN STREET EAST, HAMILTON Retail and res. investment property in mid-town Hamilton area. Located on high traffic Main St. W excellent exposure. Building has 3 retail units & 1-3 bdrm apt. Fully leased currently with 2,673 sq ft retail unit coming available in 2014. Ideal for owner/user or re-rent. Retail units have full usable basements in good condition. 3 bdrm apt. needs work. VTB mortgage available. Call LA for details. 4913_DJW_2_0093
4913_DJW_0110
RETAIL/OFFICE FOR LEASE
4913_DJW_3_0103
RETAIL/OFFICE FOR LEASE
4913_DJW_0109
INVESTMENT PROPERTY FOR SALE
529-5900 X
WEST MOUNTAIN, HAMILTON Prime affluent West Mountain location minutes to Ancaster, the Meadowlands Power Center Shopping Disctrict, a major High School and easy access to the Expressway and highways. Dynamic busy plaza anchored by Rexall Pharmacy and numerous tenants. Unit 10 - 1,000 sf and Unit 14 - 2,400 sf avail. Ideal for medical or most other retail/office uses. Inducements for medical uses avail. Call for property and leasing details.
DUNDAS Great plaza location w/prime exposure on Governor’s Rd in Dundas. Located across from 3 schools and serving a large affluent residential area. Available space includes 4&5 - 3,322 sf, former doctor’s offices (divisible). Ideal for most medical, office or retail uses. Unit 3 - 940 sf operating as an Ice Cream Store with other food uses allowed for Sale/Lease. Call for details.
CENTRAL HAMILTON MOUNTAIN Excellent UPPER JAMES location, prime frontage exposure to high traffic along this power retail corridor, quick access to the expressway. Existing ground floor units from 752-9335 sf available, ideal for most retail or office uses. Potential re-development or build to suit opportunities for national Tenants. Freestanding pad sites available. Site plan design in progress. Call LA for details and to reserve your space.
Please say you saw it in The Commercial Investor
34
Commercial Real Estate & Business Opportunities
Volume 13 Issue 13
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Greater toronto area COverIng: Ajax • Alliston • Bowmanville • Bradford • Bolton • Burlington • Brampton • Concord, • Durham Region • Etobicoke • Georgetown • Georgina • Keswick • Markham • Milton • Mississauga • Newmarket • North York • Oakville • Oshawa • Pickering • Richmond Hill • Scarborough • Schomberg • Sutton • Toronto • Tottenham • Thornhill, Vaughan • Whitby • Woodbridge
For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 13 Issue 13
35
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_4913
MODERN 3 BAY COIN CAR WASH
Greater Toronto Area
Automatic car wash & Dog wash on prime location. Thriving cash business in growing town within Guelph with major residential developments. Separate pet wash, 3 coin bays, automatic car wash unattended, vacuums, blowers for drying car in each bay. Vending machines, security camera system with internet 4913_DJW_0096 access for monitoring. Asking $849,900. 4913_DJW_0095 4913_DJW_0094
4 Bay Coin & Drive thru touchless rollover, plus detailing Bay/ Business & Car Rental Business. Situated on 1.3 acres and close to very busy Walmart Power Centre. Can operate as absentee owner or hands on. Very profitable!! High return on investment!! Asking $1,699,000 Muskoka area. Call to view. 4913_DJW_2_0129
Principals Only
8 BAY COIN CAR WASH & PET WASH 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. 4913_DJW_2_0037
6 Bay Coin Car Wash on 1.1 acre. Vacant land can also be developed for 100 - 10’ x 10’. Public storage units. Asking $1,199,000.
Excellent Oakville Development site. 1.5 acres. Currently rented for $3000/mth. Road to be widened & directed to new hospital. Use as contractor yard or develop. Asking $1,199,000.
4913_DJW_1_0089
4913_DJW_2_0090
PRINCIPALS ONLY • 8 Bay Coin Car Wash & Rental Building. Asking $1.95 Mil • 6 Bay Coin Car Wash Tunnel & Commercial Rental income (Hamilton). Asking $1.85 Mil
URGENTLY Needed for anxious qualified buyer. High volume gas stations and High Volume coin Laundromat. Retail strip plazas. High volume car wash. SELLING!! CALL NOW FOR FREE CONSULTATION Please say you saw it in The Commercial Investor
36
Commercial Real Estate & Business Opportunities
Volume 13 Issue 13
FOR IMMEDIATE RELEASE
Coldwell Banker® real estate network expands in Central Ontario as Ronan Realty joins global brand Ronan Realty Ltd. affiliation adds six locations to Coldwell Banker Canada presence Multi-office operation brings 75 experienced sales professionals to the network
Greater Toronto Area
(Tottenham, Ontario - December 2, 2013) Coldwell Banker Real Estate LLC today announced that Ronan Realty Ltd., a multi-office operation headquartered in Tottenham, Ontario has joined the Coldwell Banker network. The established local real estate firm has seventy-five highly productive and experienced real estate professionals, in six locations throughout Central Ontario. The firm will operate as Coldwell Banker Ronan Realty, effective immediately and joins the global Coldwell Banker network of 3,000 residential real estate offices and over 84,000 Brokers and sales professionals worldwide. Owner Marc Ronan announced the company’s new affiliation today in a company-wide kickoff meeting at the Gibson Centre in Alliston, attended by Coldwell Banker Canada national leadership. “Our Company has a strong work ethic and is known for its reputation, commitment to customer service and advanced technology,” said Ronan. “After careful consideration, we made the decision to align with Coldwell Banker because they offer deep resources to help us grow and develop within the Canadian marketplace and delivered the greatest value to our company.” Under its new banner as Coldwell Banker Ronan Realty, the company will continue to operate out of its six current office locations in Alliston, Barrie, Nobleton, Orangeville, Tottenham and Wasaga Beach, under the direction of Marc Ronan, Broker of Record Gladys Craine and Broker/
Manager Paula Carney. The company plans a grand opening celebration to be held at a later date “We are delighted that Ronan Realty has chosen to affiliate with Coldwell Banker,” said Andy Puthon, president of Coldwell Banker Canada Operations ULC. “Marc Ronan and his well established and respected team serve a diverse suburban and rural market. Their productive sales force and locations throughout Central Ontario will be a welcome addition to our network. We are proud to welcome Coldwell Banker Ronan Realty, and look forward to working together to grow our presence in the thriving Canadian market.” About Coldwell Banker® Since 1906, the Coldwell Banker® organization has been a premier fullservice real estate provider. Coldwell Banker is a leader in the Canadian real estate industry with a national network of over 200 independently owned offices operating in every province across Canada, except Quebec, and also in the Yukon and Northwest Territories. Globally, Coldwell Banker has more than 84,000 Brokers and sales professionals in approximately 3,000 residential real estate offices in 51 countries and territories worldwide. The Coldwell Banker brand is known for creating innovative consumer services as recently seen by being the first national real estate brand to create an iPad application and the first to fully harness the power of video in real estate listings, news and information through its Coldwell Banker On LocationSM YouTube channel. The Coldwell Banker system is a leader in specialty markets such as resort, new homes and luxury properties through its Coldwell Banker Previews International® marketing program. Each office is independently owned and operated. Coldwell Banker is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. For further information about Coldwell Banker Canada, please contact: Barbara Zaprzala, Toll free: 1 (800) 268-9599, extension 401 Direct line: (905) 278-4964 barb@coldwellbanker.ca For further information about Coldwell Banker Ronan Realty, please contact: Marc Ronan, Gladys Craine or Paula Carney, Coldwell Banker Ronan Realty, Brokerage info@ronanrealty.com Office: 705-435-4336 8148862_4913 Please say you saw it in The Commercial Investor
8172756_4913
5G
COM
www.realtyforeveryone.com
ritamollicone@rogers.com
11266919_4913
HomeLife/Bayview Realty Inc., Brokerage
Rita Mollicone, BA
Independently Owned & Operated
905-889-2200 CAREFREE INVESTMENT
$3.4 M
• Excellent tenants Pizza Pizza/Pharmacy
• $225K 1st floor going to $250K Sept. 2016 • 29 parking spaces
PLAZA
• Ideal property for cottages • Fronts on 3 roads
PIZZA PIZZA
$9.5M 4913_DJW_3_0074
• 60 units in a well-maintained building • Area of redevelopment • Transportation at door
$6.7M
• Walking distance to pristine beaches
• 2 hrs north of Toronto • Detached building downtown Windsor • AAA tenant - Shoppers Drug Mart leased to 2021
APARTMENT BUILDING
• 5% cap
83 ACRES
• Over 3 acres in high traffic area • Approx. 6% cap • Long-term tenants
4913_DJW_3_0040
• High street visibility
• Lot 146 feet by 220 feet deep
$575,000
4913_DJW_0059
• 10,000 sq. ft. well-maintained plaza
416-508-2949
4913_DJW_1_6002
$2.45 M 4913_DJW_1_6000
PLAZA
cell:
• Leased to 2020 - Head lease with Pizza Pizza • Corner property on Danforth • 4,500 sq. ft. of retail area
• Parking for 10 cars • 9,000 sq ft total land • Ideal location for expansion
GREAT FIRST TIME INVESTMENT! Fully rented legal triplex non conforming 4 plex GC zoning with $23,000 net income. 12% cap rate shows a fantastic 50% return on a $20,000 down payment. New roof for 2013 and siding. Nicely renovated, newer kitchen and baths, laminate floors, ceramics, updated hydro 3 meters, two 2 bedroom units, two 1 bedroom units, close to bus terminal and new arena.
6G
COM
DOWNTOWN INVESTMENT PROPERTIES
4913_DJW_1_0086
$399,000
1/2 ACRE COMMERCIAL IN STAMFORD
Fully rented and many updates. Newer windows, separate garage, one three-bedroom, three twobedroom, and two one-bedroom apartments. An ideal investment property. Shows a 16% return on a $90,000 down payment. Priced at 9% Cap rate.
4913_DJW_2752
4913_DJW_0005
$369,000
6 UNIT BUILDING CLOSE TO CASINO
$235,000
5000 BRIDGE ST.
LIVE FOR FREE! In this spacious 2 storey loft with 2 bedrooms and let the rent for the other two apartments pay your mortgage. Totally remodelled apartments with newer kitchens, bathrooms, and laminate flooring. All newer windows, roof furnaces and hydro. A spacious one bedroom apartment and bachelor apartment on the main floor fully rented. Only $10,000 down payment required. Call for details. Exclusive listing.
$199,900
IDEAL OWNER OCCUPIED TRIPLETS
10 unit apartment building, separate hydro meters, newer roof and mostly new windows, new boiler. Nicely renovated units with laminate flooring, modern kitchens and baths, 3 bachelors, 6 one bedrooms, 1 two bedrooms. Great downtown location. Fully rented, priced at a 9% cap rate showing a 26% return. Potential to increase rents. Exclusive listing.
4913_DJW_0003
4913_DJW_0002
$635,000
10438420_4913
17-19 DUKE ST.
1500 sq. ft. beauty salon plus two renovated apartments, all modern stucco and brick exterior, partially paved parking lot, huge traffic volume at Portage and O’Neil. Priced to sell at $399,000.
Invest in downtown St. Catharines with over 200 million in city revitalization projects underway. This is the place to be! 2 exclusive listed properties for sale close to the Performing Arts Theatre. Call Kelly Clarke for details.
11102630_4913
7G
COM
11272352_4913
8G
COM
8155064_4913
9G
COM
Link Realty Inc.
Brokerage
905.348.9000
linkrealtyniagara@hotmail.com
Evermore Holdingz Inc. 905.835.3450 • 1.866.332.3362 peterjbrenner@sympatico.ca
Tony HABJAN Broker of Record
905.348.9000 email: linkrealty@hotmail.com
NOTE: 4% SELLING COMMISSION, PLEASE ADVERTISE AND SELL 315 SILVERTHORN CR, WELLAND
Virtual Lake front on the Lake/Canal in the Historic Sugarloaf District of Port Colborne. Approved for 48 condo units at 14 storeys, this sure to be award winning design will “sell out” with the discriminating buyer. Whether a senior who wants to down size not down grade to the young professional who appreciates the maintenance free Condo Lifestyle. Roof top amenities are designed to be enjoyed by the entire building; the single best view of Lake Erie and the entire Peninsula. Top two floors are 2 storey Penthouses. The Signature building can not be replicated as this is an Exclusive one of a kind location. Seller will consider an Outright Sale, A Joint Venture or may decide to Market and Build. Builder terms may be available to the right Builder/Developer. The Canal Days Trail runs directly along and in front of thhis jewel. Built it! “They Are Already Here!”
This Is The Place To Be. Almost 1Km Of Highway 140 Frontage Comes With This 3.29 (+-) Acre Site, Must Be Sold With MLS# N30023226.. Current Zoning Is RA But This Land Has Been Designated Gateway Light Industrial, Which Allows Many Highway Commercial Uses, There Are Some NPCA Restrictions, Seller Has Extensive File On This Valuable Key Piece Of The Niagara Peninsula. This Is The Only Viable Route For The 406 Extension. This Was One Of Two Chosen Locations For The New South Niagara Hospital.
$2,696,900
283 NETHERBY RD, WELLAND
RD
649 RUSHOLME RD, WELLAND
Attention International Investors. 92 {+-} Acres I2 Heavy Industrial Vacant Land To Be Sold With 649 Rusholme & 671 Rusholme For A Total Landmass Of 92 { +-} + 2 {+-} + 6 {+-} Totalling 100 { +-} AcresThis Unique One Of A Kind Property In The Heart Of the Niagara Region Features Almost 1 Kilometre Of Canal Frontage On The New Welland Canal, Its Own Road { Netherby } , And Its Own Rail Line Spur Making Shipping & Other Intermodal Transportation Easily Accessible. It Is Zoned I 2 Heavy Industrial, It Is Within The Urban Boundary, And Has All Municipal Services Available. It Should Be Of Particular Interest To Manufacturers & Shippers Of Solar And Wind Turbine Technology Due To The International Access The Canal Affords This Amazing Property. Complete With A Clean Phase 1 & Phase 2 Environmental Assessment Reports And Digital Survey Is Also Available.
Looking To Start A Business, There Are Many Uses This I2 Zoning Allows. 1-2 BR, 2 Bath Bungalow On The Outskirts Of Welland. LRG 1.98 Acre Lot. Vinyl Flring In Updated Kit. Updated 100AMP Service, Updated Plumbing And Newer Windows . Ceramics In BSMT. Possibilities are Endless. Auto Recycling And Salvage Yards Are Legally Allowed With This Zoning. This Property Must Be Sold With MLS#N30023099 & MLS#N30023206
4913_DJW_1_0125
4913_DJW_1_0122
4913_DJW_1_0123
$9,169,900
$669,900
1.28 acres wooded lot in Fonthill with ravine & stream, backing onto trail, build your dream home & watch colours change in the fall, deer in the winter & wildflowers in the summer land zoned for residential development to be purchased with 195 Hwy #20 seller has an extensive file on these two locations and will work with buyer to satisfy their needs regarding building permits etc. There are some conservation authority concerns which will have to be addressed and seller wil work with buyer during due diligence period. Excellent potential on a very highly visable great exposure corner with big things happening in the area, please see plan, town of Pelham Plan for Southwest corner of Rice and Hwy #20.
11279781_4913
10G COM
4913_DJW_1_0130
1690 RICE RD, FONTHILL
1.16 acre lot on North/ west corner of Hwy #20 and Rice Rd. Land zoned Commercial to be purchased with 1690 Rice Rd seller has an extensive file on these two locations and will work with buyer to satisfy their needs regarding building permits etc. There are some conservation authority concerns which will have to be addressed and seller will work with buyer during due diligence period. Excellent potential on a very highly visable great exposure corner with big things happening in the area, please see plan, town of Pelham Plan for Southwest corner of Rice and Hwy #20.
4913_DJW_1_0131
195 #20 HY, FONTHILL
$469,969
HWY 140
NETHERBY RD, WELLAND
$369,696
671 RUSHOLME RD, WELLAND
5.9 Acres; Heavy Industrical Land. Services on Street. Auto Recycling and Salvage yards are legally allowed with this zoning. This property must be sold with MLS #N30023099 & MLS #N30023198.
4913_DJW_1_0124
Prime development lot in S. Welland near Lincoln Ave., Hospital; Formerly C-3 commercial; Now R (most C-3 uses permitted); Located at S/W corner King & Albert; Property is flat & at grade level; Proposed hi-rise residential abuts property; Ideal for convenience - car wash, laundromat operation, vet clinic, retails store & offices.
This Is The Place To Be. Almost 1Km Of Highway 140 Frontage Comes With This 62(+-) Acre Site, Must Be Sold With MLS#N30023223. Current Zoning Is RA But This Land Has Been Designated Gateway - Light Industrial, Which Allows Many High way Commercial Uses, There Are Some NPCA Restrictions, Seller Has Extensive File On This Valuable Key Piece Of The Niagara Peninsula. This Is The Only Viable Route For The 406 Extension. This Was One Of Two Chosen Locations For The New South Niagara Hospital. SILVERTHORNE CR.
.
$469,960
PTL 16 SILVERTHORN CR, WELLAND
HWY 140
W
H
BY
$369,900.
$6,969,690
4913_DJW_1_0129
ER
297 KING ST, WELLAND 4913_DJW_1_0132
0
TH
Y
NE
14
4913_DJW_1_0127
3.02 Acre Lot Located on High Traffic Highway With Frontage On Three Roads. Intersection Is Getting A Turning Circle As Per Picture Attached With Regard To The Regional Municipality Of Niagara Plans To Twin Netherby Rd East To The QEW At Black Creek. Auto Recycling And Salvage Yards Are Legally Allowed With This Zoning. This Property Must Be Sold With MLS#N30023985.
SILVERTHORNE CR.
$369,900
359 KING ST, WELLAND 4913_DJW_1_0128
$769,690
4913_DJW_1_0134
KING ST, PORT COLBORNE
This Amazing 7.63 Acre Property Has Been Designated As Gateway And Has Many Bonuses Attached To Said Designation It is Currently Zoned I2 Heavy Industrial Which Allows Many Many Uses. Corner Property, Highway 140 / Townline / Netherby Rd. This Corner Is Getting A Turnaround In The Immediate Future At 140 & Netherby Road, Please See Photo Plan Attached, To Allow For The Expansion Of Netherby Road To 4 Lanes To The QEW, Former Pelino Mataya Molnar / Welland Auto Marine. Great Shop Allowing Multiple Industrial Uses. Fenced Compound Area, 3 Bay Doors, Upstairs Office, Main Office Plus Waiting Room. 2 Washrooms, Radiant Gas Heating, Updated Hydro Service With Security Alarm System. Auto Recycling And Salvage Yards Are Legally Allowed With This Zoning.”MLS # N30023229” Is A 3.2 Acre Piece Of Land With Frontage On 3 Roads, HWY 140, Netherby Rd And Reaker Rd And Is Located Directly South Of This Property And Can Be Purchased Together Or Separately.
4913_DJW_1_0121
711 REAKER ROAD WELLAND
$369,969
$999,896 Prime development lot in S. Welland near Lincoln Ave., Hospital; Formerly C-3 commercial; Now RZ (most C-3 uses permitted); Property is flat & at grade level; Proposed hi-rise residential abuts property; Seller has conditioned approval for 108 unit condominium unit at 13 storeys.
P R I V AT E I N V E S T O R LOOKING TO BUY
APARTMENT BUILDINGS
Anywhere In Ontario. 20 Units Plus. Quick Close!
Call Gene: 647.821.6006 WeBuyBuildings1@gmail.com 11278867_4913
Buffalo Area operating locations for sale • Batavia, NY, Court St. • Buffalo, NY, Fountain Plaza • Cheektowaga, NY, Walden Galleria • Tonawanda, NY, Sheridan Dr. • Williamsville, NY, Main St.
8302229_4913
*Financing & U.S. Visa assistance available
11G COM
12G
COM 11281883_4913
H
A
M
I
L
T
O
N 8148414_4913
Mazhar Roshan Sales Representative
905.929.9800 905.318.3800 647.609.9463
Direct 24 Hr. Pager
BROKERAGE
GTA Direct
mazharroshan@sympatico.ca BUSINESS FOR SALE BURLINGTON $89,900
WANTED GAS STATION
4913_DJW_1_0003
I have qualified buyers. Will purchase with or without property
PLAZAS WANTED
I have qualified buyers. Up to 5 mil.
WANTED 2-3 BAY AUTO GARAGE I have qualified buyers. Will buy with property. LAND FOR SALE 4913_DJW_2_0064
4913_DJW_2_0066
GREAT BURLINGTON LOCATION - $114,900
price reduced Restaurant/Bar/Poolhall business, runs on short hours Monday-Saturday, 15,000 sq ft facilitiy with very reasonable rent and long lease, hands-on entrepreneur needed, lots of potential, showings after 2 pm.
9 lots sold only 3 left
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.
BUSINESS FOR SALE HAMILTON $229,900
Very busy and desirable location on Hamilton Mountain. Money making, long established sandwich and sub shop doing over 5000 per week in sales, owners absentees operation, good for family operation or hands on entrepreneur, reasonable rent and long lease, please do not go direct, call LBO.
RETAIL STONEY CREEK MOUNTAIN 4913_DJW_1_0002
4913_DJW_1_0034
HAMILTON MOUNTAIN
Long established convenience store, totally upgraded, doing over 15K per week + Lotto, no competition near by, good opportunity, call LBO for more information.
FOR LEASE BRANTFORD
4913_DJW_2_0024
price reduced
Location, Location, Location! Long established variety store, doing 25K sales per month + lottery + more, need prudent enterpreneur, great for family run operation, long lease reasonable rent, call LBO for more information.
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.
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.
4913_DJW_1_0019
4913_DJW_1_0018
4913_DJW_1_6668
BUSINESS FOR SALE
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.
MONEY MAKING FRANCHISE BUSINESS Net income over $150,000 per year. Better than a convenience or grocery store. Reasonable rent and long lease. For details call Mazhar Roshan. (Principals only please) 13G COM
legallyspeaking
Thinking of buying property in Florida?
Here’s how you do it! By Jayson Schwarz LLM
A
s Canadian
“Snowbirds” flock south for the winter,
they are encountering the fact that the cost of Florida real estate has drastically declined in recent years, making the idea of owning property in the sunny south increasingly palatable. One of the biggest
fears of owning foreign real estate is the question of, “What happens when I die?” The recently passed Tax Relief Act, in the United States (“US”) has a $5-million indexed exemption and a 35-per-cent rate for tax payable, however the exemption does not apply to “Aliens” who own property in the US. Yes Canadians are “Aliens” and so Canadians who own US real estate held personally may be subject to US estate tax irrespective of income – and the worst part is that “Uncle Sam” may feel he is entitled to tax on all of the assets worldwide not just the Florida property. For the purposes of this article we will discuss purchases in Florida. In essence, do we need to subject the Executors (Estate Trustees) to dealing with 14G COM
IRS and disclosing the full value of the deceased’s assets and getting into all of the myriad of cross-border tax issues that appear the minute we need to deal with the US authorities? Not if we can avoid it. Canadians who purchase property in the US have certain advantages over your run of the mill Alien: First, Canada and the US have a tax treaty that prevents Canadians from paying double tax in many circumstances. This will protect Canadians from double taxation in many circumstances, on the sale of the property. Second, for both tax and succession purposes, the property can be placed into a carefully constructed Canadian resident, US family trust (hereafter called a “Sunshine Trust”). In order to determine the eligibility of a given purchaser for such a vehicle it is necessary to meet with a legal and/or financial professional (tax accountant) familiar with all of the complex issues that affect the area and in order to make the professionals understand the individual needs of the person or family requiring the advice. This will allow for the careful planning necessary to make these vehicles work and comply with the tax legislation of both the US and Canada. The cost to establish the trust and administer it is a small price to pay to avoid the extremely expensive time-consuming, frightening and complex world of US tax. Now is a great time to purchase land in Florida, Arizona and elsewhere in the US – if done properly. Speaking to a law firm, such as ours, together with the right tax accountant can greatly decrease your potential risks in falling afoul of either the Canadian or US taxation authorities. When done properly, a Sunshine Trust will provide peace of mind and security. In other words: use a Sunshine Trust to shelter you from the cold! Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the website (schwarzlaw.ca), email (schwarz@schwarzlaw.ca), or phone us at 1-888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form. Jayson Schwarz LLM is a Toronto business lawyer and senior partner in the law firm Schwarz Law LLP.
10228647_4913
Commercial, Real Estate & Business Opportunities
Bill Bradley Sales Representative
416.258.6866
EXIT REALTY YOUR WAY
Brokerage | Independently Owned & Operated Unit 2, 1240 Speers Rd., Oakville ON 905.815.9900
exitwithbill@gmail.com PRINTING BUSINESS 4913_DJW_1_0059
4913_DJW_1_0052
FOR LEASE
Have your own printing business with all the equipment and clientele.
ONLY $59,900
Lovely 3 bedroom condo apt. $1650 per month. Completely renovated.
FOR SALE 4913_DJW_2_0086
4913_DJW_2_0087
FOR SALE
602 MAIN ST. IN THE TOWN OF DUNNVILLE, ON 2 stores plus a shop.
606 MAIN ST. W. IN THE TOWN OF DUNNVILLE, ON One bedroom bungalow.
BOTH PROPERTIES FOR SALE
Looking to Buy a Retirement Home?
4913_DJW_3_0088
$399,900
$199,900
Prices ranging from $1,000,000 to approx. $15,000,000
I have 2 Strip Plazas 602 & 606 MAIN ST. W., DUNNVILLE, ON. Buy both #602 & # 606 they are beside each other and extend from Main St. to the Grand River.
$575,000
One for $1,400,000 and the other for $3,400,000. Call me if you are interested.
Bill Bradley 416.258.6866
4913_DJW_1_0069
HOME BEING BUILT TO LOOK SOMETHING LIKE THIS A spectacular luxury, elegant, executive custom built home is being built in West Oakville on a large 95’ x 180’ lot. Approx. 6 bedrms (2 master bdrm), 6 fireplace, walk out lower level to a huge pool with wall of windows looking out to a beautiful garden. Approx 7000 sq ft including the lower level. If you would like to buy it before it is finished to get some of your own ideas involved in the completion of the home and property, please call Bill Brandley at 416 258 6866 15G COM
16G
COM
9853283_4913
Commercial Properties Business Opportunities Franchise Openings & more! 11271020_4913
MARKHAM
Mike K. Nanavati
Fully renovated 2,000 sf. Magnificent 100 x 165 ft lot backing on to conservation and Beaver Creek. Presently occupied by a C.A. firm, beautifully finished. A country setting but close to all amenities. Quick access to 7, 407, 404 & Woodbine transit. Detached house 100% rebuilt, with double garage. 200 Amp service, Hi speed internet connections throughout, rare opportunity & tranquility at its best. Great location - in the Buttonville Hamlet.
Broker of Record
Wind Star Realty Limited Brokerage
Tel:
416-730-8484 Email:
mnanavati@sympatico.ca
ASKING PRICE
$1,125,000
4913_DJW_0047
INVEST IN AGRICULTURAL PROPERTY Parcel 1 150 acres of Prime AG Land in Chatham Kent. 3% Annual Lease, 6%* average annual appreciation. $2,458,500 CA.
Kent Willmore PRESIDENT Web:
www.aginvestcanada.com
Parcel 2 55 acres of Prime AG Land in Chatham Kent. 3% Annual Lease, 6%* average annual appreciation. $1,002,000 CA.
Email:
invest@aginvestcanada.com Cell:
519.358.3710
CALL
R E A LT Y B R O K E R A G E I N C .
INDEPENDENTLY OWNED AND OPERATED
Wes Moodie SALES REPRESENTATIVE
www.wesmoodie.com
4913_DJW_2_0075
905.774.4444
kwillmore@cogeco.ca
$599,900
~ 115 acre - Marine Commercial, nautical Lake Erie access ~ 22 boat slip Marina, Boat ramp, Bait & tackle shop ~ Fast Food Restaurant, outdoor patio (turn key) ~ Wine Bar/Bistro/Cafe (turn key) ~ 40 acre activity park - fishing, day camping, canoe rentals, miniature golf, eco-tourism destination ~ Walk to downtown, highway location * MLS #H3100549
POWER OF SALE
A U • Commercial Building on Main St. • Former Hardware/Gift Store with upper apartment. C • 10,100 Sq. Ft. T I 333 Main St., Mattawa. th O Onsite Auction: Thursday Dec. 19 at 2 pm. Details & pictures at: www.gardnerauctions.com N
GARDNER AUCTIONS INC. “ACTION BY AUCTION SINCE 1922” 519.685.2929 THE COMMERCIAL INVESTOR: SPOTLIGHT
11261677_4913
4913_DJW_0085
A U C T I O N
Email:
4913_DJW_0010
MULTI-BUSINESS ENTERPRIZE
®
11269763_4913
519-358-3710
*Appreciation valuations are based on the past 20 years of growth
11281545_4913
Commercial Properties • Business Opportunities • Franchise Openings & more! 17G COM
Commercial Properties Business Opportunities Franchise Openings & more!
11281943_4913
11232681_4913
I’VE GOT PLENTY BREWING AND YOU CAN TOO, FOR
$74,900
NON FRANCHISED and AWARD WINNING well established Mom and Pop U-Brew shop turning great $$$’s with unlimited growth potential. Be a hands on operator, or hands off manager. This business will pay for itself within 16 months. Roll up your sleeves, cut some cheese and start winning while wineing. Hamilton Area, Just Listed - Act Fast. Call Chuck Farrauto
Chuck Farrauto Sales Representative
Realty Network: 100 Inc., Brokerage
905. 389.3 7 3 7
4913_DJW_0060
COTTAGE-RESORT PICTON, ONTARIO 11258295_4913
$650K - A DREAM ORGANIC FARM
Cholkan Realty Corp. Brokerage
416.236.7711 1.888.507.7711
11277268_4913
FOR MORE INFORMATION CALL
$1.1 Mil. 7 large clean cottages. 25 Prestige acres in Brighton Ont. Mins to 401, on Rd 30. Lake front, sauna, children’s playground, New exclusive 3 bdrm bungalow, maple flrs, granite counters, new gazebo, hot water, 2 large docks. 3 baths, 4 garages, spring fed pond, 65 newly planted trees. Have Fun in the Sun Located 1 hr. east of Toronto. 4913_DJW_2_0062 4913_DJW_1_0061
ERNIE GRENKE PRESIDENT/BROKER OF RECORD
Exit Realty Hare (Peel) Brokerage Independently Owned & Operated
Eugene Dignum
Stephen Dignum
Sales Representative
Sales Representative
Designated for Office centre gateway to Brampton. This is a special policy area with possible related retail and commercial uses accessory to office development. Last remaining parcel 4913_DJW_1_4000 in this corner. Just reduced significantly. Great opportunity for development.
1.866.297.3948 I
THE COMMERCIAL INVESTOR: SPOTLIGHT 18G COM
TWO PROPERTIES FOR THE PRICE OF ONE!!
$1,775,000
House on one lot beside vacant lot with Village Commercial Zoning. Lots of parking. Approx 120’ frontage on Highway 10 in Caledon Village located between ORANGEVILLE and 4913_DJW_7000 Brampton. Right beside new gas station and plaza. For more info call Stephen or Eugene Dignum. Asking $579,900.
www.eugenedignum.com
Commercial Properties • Business Opportunities • Franchise Openings & more!
High profile office building in Huron Business Park. Built in 2002, the building is situated on a 2 acre lot and is comprised of 15,000 square feet of finished office space, 5000 square feet of warehouse space, and large rear parking lot that is completely fenced. B-2 zoning allows for commercial uses including manufacturing, educational, religious institute, laboratory, repair service, etc.
Great location in the heart of Downtown Kitchener. Featuring 6,400 sf of main floor retail space and 10,800 sf of upper office space together with 4 bachelor apartments, situated on a high traffic intersection, and fully leased. Asking $1,799,900. MLS.
$1,295,000
4-6 KING STREET SOUTH WATERLOO
$869,900
4913_DJW_3_0057
1458 WEBER STREET E., KITCHENER
$1,799,900
4913_DJW_3_0084
SOLD
MIXED USE BUILDING IN DOWNTOWN KITCHENER
4913_DJW_1_7777
$2,950,000
4913_DJW_1_7075
139 WASHBURN DRIVE, KITCHENER
$9.50/SF
$359,900
1223 KING STREET ST, JACOBS
4913_DJW_2_0039
450 FREDERICK STREET, KITCHENER
Investment Property - 7,900SF. Main floor commercial Tenant. 2nd Floor long term residential Tenant. 3rd floor available unit for owner to live or for rent
4913_DJW_2_0061
6000 sq. ft. restaurant situated on .87 of an acre lot zoned C-6. Ideally located on main artery close to downtown Kitchener. Seating for 400 patrons plus 85 seat patio. Features: ample parking, fully operational kitchen and great exposure.
Great exposure on King Street located directly beside Tim Hortons on main artery of St. Jacobs. This 3 bedroom 2 bathroom home features large principal rooms, oversized attached garage, fully fenced lot, newer furnace. M-5 zoning allows for many commercial uses.
Various square footages available from 400SF to 5,100SF, elevator, onsite parking, on expressway, Landlord will renovate to suit for qualified Tenants.
4913_DJW_1_0104
FREDERICK MALL, KITCHENER
AS ED
- Retail units and Pad Site for bank or fast food - Mall undergoing extensive renovations
- On Bus line - On Expressway - Join Valumart, CIBC, Dollarama and many more
PORT ELGIN For lease 2,400 SF, only unit in 30,000 SF plaza, former Curves space, excellent location, unit in great condition. ROCKWOOD, ON Close to Guelph, Tim Hortons. Ideal for restaurant & services uses. Pre-leasing. NORTH DUMFRIES INDUSTRIAL For sale: $2.2M. 15,000SF - fully leased. On 4 acres, backs onto Hwy #401
LE
11278035_4913
RYAN BRIGGS
DUNCAN McLEAN
SALES REPRESENTATIVE
CELL
519.498.5775
Ryan@cmarealty.ca
SALES REPRESENTATIVE
KITCHENER, ONTARIO
519.578.0337
CELL
519.590.7997
Duncan@cmarealty.ca 19G COM
inthenews
CGA Ontario pays tribute to small business owners & offers valuable resources
C
ertified General Accountants of Ontario (CGA Ontario) applauds the hard work and dedication that entrepreneurs put into building and sustaining their businesses every day, driving economic progress and success across the province. Building and managing a small business is no small feat as success demands skilled entrepreneurs who rise to the challenge.
“The small and medium-sized enterprise (SME) sector make up 99.8 per cent of all companies in Canada and employs approximately 50 per cent of Ontario’s workforce - this business community is the backbone of our economy,” said Doug Brooks, FCGA, CEO, CGA Ontario.” It’s vital in today’s market place to work collaboratively with the government and academic leaders in supporting the SME community, such as the research conducted at the Schulich School of Business at York University, supporting small business studies and the creation of its academic chair, to explore new opportunities and drive global competitiveness for small- and mediumsized enterprises (SMEs). “A strong percentage of CGAs in Ontario serve SMEs,” adds Doug Brooks, FCGA.“Work conducted by the CGA Ontario chair in international entrepreneurship plays a role in supporting SMEs to become more competitive outside their domestic markets”. CGA Ontario offers a collection of information booklets and resources developed in support of small businesses, ranging from: Personal Tax 20G COM
Planning Guide (of particular interest to entrepreneurs) to Selecting a Professional Accountant; Grassroots Governance to Keeping the Record Straight, introductory for not-for-profit professionals. These resources, among others, can be found through CGA Ontario. Running a small business can be a challenge, but with the right help from a certified general accountant it can also be rewarding. Here are some tips as to what every small business needs to know: 1. A Business Plan is Your Road Map to Success - Every small business needs a plan to embark on the right path and achieve steady growth. Think of a business plan as a road map to success and plan your trip accordingly. 2. Business Structures Affect Taxes and Liabilities - Most organizations have three forms of business structures from which to choose: proprietorship, partnership and corporation. The business structure you choose will determine the taxes that you pay as well as your legal liability. 3. Employees Need Attention - From the moment you hire your first employee, you must: consider compensation plans; maintain payroll information; meet employment standards and understand labour and tax law. 4. Good Record Keeping Makes Good Business Sense - Not only is good record keeping the law — good record keeping makes good business sense. The law requires businesses to maintain books of original entry, sufficient to determine that all taxes have been collected, paid and assessed. 5. Your Banker Is Your Ally - Your banker wants your business to succeed. Help your banker to understand your business by providing detailed, timely and pertinent information. When your banker is your ally, your ally is a small business asset. CGAs are forward-thinking financial leaders who have broad business experience equipped to handle the varying needs of Canadian businesses. They assist entrepreneurs from developing business plans to achieving steady business growth. They see more than numbers to drive opportunity and success.
About the Certified General Accountants of Ontario CGA Ontario is a self-governing body that grants the exclusive rights to the CGA designation, and controls the professional standards, conduct and discipline of its members and students in the province of Ontario. Certified general accountants (CGAs) are committed to meeting the needs of businesses and organizations with strategic insight, leadership and demonstrated abilities. In Ontario, there are more than 22,500 CGAs and 9,000 students working toward their designation.
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Commercial Real Estate & Business Opportunities
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Fantastic 2 BR condo in the brand new “Renaissance II”, has all the upgrades! Located in Briar Hill adult lifestyle community in Alliston w/45 hole golf course, trails, tennis & fitness facility! Open concept living area & kitchen w/SS appliances, granite counters & W/O to balcony. Perfect investment property too! $325,000 Ingrid McNeill* 1-877-435-4336. 4513_DJW_0093 4913_DJW_1_0051
Future development potential!! 109 acre famr on high profile corner adjacent to Alliston’s new residential development & Nottawasaga Resort & Golf Course. Workable land suitable for cash crops or livestock operation. 2 storey farm house w/5 bdrms, original character & charm w/recent updates. $3,200,000. Alyea Hummel* or Jeff Hummel* 1-877-435-4336. 4913_DJW_0028
Attention Investors! Renovated legal duplex. This income property has ample parking in a great location, close to downtown Barrie, HWY 400 and all amenities. $349,900 Britton Ronan* or Jennifer Pike* 1-877-435-4336
High Profile Corner Commercial Lot Approx 3.2 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*** 1-888-936-4216
Attention Builders! Excellent Opportunity! Draft Plan Approved For 84 Unit Adult Lifestyle Community on 32 Acres Plus Abutting Future 6 Acre Walking Trail and 7 Acre Future Retirement Residence Site (3 Separate Deeds). Project Financing Available. Full Portfolio on Property Available. $2,450,000 Marc Ronan*** 1-888-936-4216
Investment property near new 1900 unit residential development at Nottawasaga Inn. In growing Alliston home of Honda of Canada. High land with views and huge frontage on Hwy 89. Approx 57 acres. Future development parcel. $895,000 Marc Ronan*** 1-888-936-4216.
4913_DJW_1_0072
4913_DJW_1_0054
Location! Location! Hwy 89 & Airport Road. High profile corner Commercial property 3600 sq ft on 1.68 acres. Custom built building suitable for business or restaurant & many other highway commercial zoning permitted uses. Excellent access and exposure with ample parking. $1,195,000 Marc Ronan*** 1-888-936-4216. 4913_DJW_1_0078
50 Acre investment parcel in area of future growth on outskirts of Thornton. Developer owned land in immediate area. Located close to 400, Georgian Downs, South Barrie business areas and more! Great investment opportunity. $940,500 Marc Ronan***1-888-936-4216 4913_DJW_0030
15 Acres- Urban Industrial Zone Land, Ready To Go With Services Available. Beside Major Users Such As Honda Of Canada, Gibson Transport, Nissin Transport. Growing South Simcoe And Alliston. Ready To Build Or Owner Will Divide. $250,000/Per Acre. Marc Ronan*** 1-888-936-4216 4913_DJW_0031
84.4 acres abutting residential development in area of fast growing Community of Alliston. Surrounded by existing development with two road stubs to east on Municipal services. Flat, clear acreage minutes from Honda. Entirely maintenance free clean crop land. $3,795,000 Marc Ronan*** 1-888-936-4216 4913_DJW_1_0056
1038 acres cash crop opportunity in Amaranth - All in one location, approx 1 hour from Pearson Airport. High yielding crops suitable for cash crops or potatoes. Land is flat with some sandy loam soil. Properties have a mixture of systematic and random tiling. $9,500,000 Marc Ronan***1-888-936-4216 4913_DJW_0032
47 acres in The Rolling Hills of Adjala. Great setting to build your custom home with 3 road frontages & workable land. Make ideal gentleman’s farm. Located minutes to Palgrave Equestrian Centre. Build your dream home/farm/horses/hobby. $749,000. Marc Ronan***1-888-936-4216 4913_DJW_0033
1.877.435.4336 Alliston 1.705.725.8255 Barrie 1.905.859.4477 Nobleton
1.888.943.0860 Orangeville 1.888.936.4216 Tottenham 1.705.422.2350 Wasaga Beach
© 2013 Coldwell Banker LLC. All rights reserved. Each office is independently owned and operated.Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker LLC. * Sales Representative ** Broker *** Sales Representative/Owner **** Broker of Record
Please say you saw it in The Commercial Investor
Greater Toronto Area
4913_DJW_0044
4913_DJW_0029
38
Commercial Real Estate & Business Opportunities SELLING REAL ESTATE FOR OVER 24 YEARS
Volume 13 Issue 13
Platinum Award Winner
Bill Morrison SALES REPRESENTATIVE
905-619-9500 Toronto line: 416 798 7278 or for all inquiries email:
Heritage Realty Inc., Brokerage Independently Owned and Operated
morrisonb@sutton.com
10527900_4913
CASH COW IN THE MAKING!
4913_DJW_3_0034
Greater Toronto Area
ASKING
$2,900,000
Investment Opportunity. 4 Acres zoned for driving range, mini golf. 2400 sq ft proshop/restaurant. Plus already has 7000 sq ft finished bungalow, 5 bedrooms, 6 baths. Highly efficient home. Site plan approved. Ready to develop. Corner property on road next to future Hwy 407 ramps in 3 years. Siding onto subdivision.
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
Volume 13 Issue 13
Commercial Real Estate & Business Opportunities SELLING REAL ESTATE FOR OVER 24 YEARS
Platinum Award Winner
39
Bill Morrison SALES REPRESENTATIVE
905-619-9500 Toronto line: 416 798 7278
morrisonb@sutton.com
Investment opportunity fully rented. 22 units near the lake and Humber College. Good tenants, separate meters.
Very busy established motel on Kingston Rd. 31 rooms. Excellent condition and maintained. ASKING
$2,500,000
TORONTO
4913_DJW_0099
TORONTO
Excellent investment on quiet st. Close to Kennedy Station. 9-2 bedroom apts & 1 bachelor. Separate meters and garage. ASKING Great deal! 4913_DJW_0101
ASKING
$2,380,000
TORONTO
Ideal addition to your investment portfolio. Brand new building with 9700 sq ft near University. Possible net income ASKING $260,000.
OSHAWA
$4,690,000
4913_DJW_0103
Attention Developers/Investor. 1 acre site with over 200 ft on Kingston Rd. Could be apartment building, retirement home, townhome ASKING site. Currently car lot $2,500,000 with house. Fantastic location. 4913_DJW_0105 TORONTO
4913_DJW_0100
Corner plaza at intersection. Fully leased with signs on roof. New listing.
$1,100,000
TORONTO
$2,695,000
4913_DJW_0102
ASKING
Building and 1 business (Coin Laundry). Plus 2 stores and 3 apts. 11 parking spots. Net approx. $70,000.
$699,900
OSHAWA
4913_DJW_0104
Plaza with 5 stores. Almost 10,000 sq ft on .73 acres. High traffic area. Net approx. $148,000. ASKING
$2,550,000
OSHAWA
4913_DJW_0106
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
ASKING
Independently Owned and Operated
8177227_4913
or for all inquiries email:
Heritage Realty Inc., Brokerage
40
Commercial Real Estate & Business Opportunities
Volume 13 Issue 13
Greater Toronto Area 11281963_4913
Please say you saw it in The Commercial Investor
Volume 13 Issue 13
41
Igor Chouminov President, Broker of Record
416.877.0326 igor@paiirealty.com
PAII REALTY INC.
Brokerage
11265283_4913
Commercial Real Estate & Business Opportunities
INVESTMENT AND DEVELOPMENT REAL ESTATE AtteNtION CUStOM HOMe BUILDeRS
TOWNHOUSE DEVELOPMENT SITE, RICHMOND HILL ON
TOWNHOUSE DEVELOPMENT SITE, RICHMOND HILL ON
• 17 unit Townhouse Site, 3 storey units w/20 ft fronts over 2500 sf each with large backyards.
Modern Design: 15 Unit Townhouse Site, 20ft fronts, 2200sf+, 3 storey, large backyards, upscale neighborhood.
• Great neighborhood walking distance to shopping, schools and transport.
Priced at $3,750,000
Priced at $4,500,000 3313_DJW_1_0101
3313_DJW_1_0102
RETAIL PLAZA/CONDO DEVELOPMENT SITE, SCARBOROUGH, ON • Under secondary plan for mixed use condominium development. • Retail Plaza current net income: $200,000/year • Great investment/Development opportunity! Priced at $6,000,000 3313_DJW_1_0103
COMING SOON to Richmond Hill, Estate Lots on Exclusive Street, Lots over 60ft, with Depths of over 150ft, Homes in the Area selling over $2M+++, Lots to priced Starting in the Low $900,000s. Please call for Details!
-
COMMERCIAL AND RESIDENTIAL PROPERTY FOR DEVELOPMENT SITE PLAN APPROVED PROJECTS RETAIL PLAZAS AND OTHER INVESTMENT PROPERTIES INVESTORS FOR REAL ESTATE PROJECTS ACROSS THE GTA!
Turn business travel into fun travel
businesssavvy
If you travel a lot for work, consider extending your trip into a vacation. It can be a cost-effective chance to unwind with family or friends, and to take advantage of services not available to the average traveller. Here are three things to keep in mind when planning a vacation around business travel:
T
he life of a business traveller can sometimes feel like all work and no play. You arrive in interesting places, but your hectic schedule might keep you from seeing anything but the airport, your hotel, and its conference rooms.
• Talk to the locals: Most business trips put you in direct contact with locals. No tourist kiosk or pamphlet can give you the insights that they can. Local residents will have suggestions for great food, drink and entertainment off the beaten path and away from the regular “tourist traps.” • Make your family independent: You don’t want to miss anything on your vacation, but part of your trip is meant for work. During this time, your family will need to entertain themselves.“To give your family freedom while you work, transportation is key,” says Don McPhail, assistant vice president of sales at National Rent-aCar.“A rental car is an affordable option that lets them sightsee without being constrained by distance or time.” • Prepare for complicated logistics: Coordinating a business trip vacation has its challenges. You may have to connect two flight itineraries, plan your time together and apart, and prepare for a hotel switch. Work with your corporate travel agency early, and take advantage of services like the hotel concierge when you arrive for planning and suggestions. McPhail adds that when planning your next business trip-vacation, a good place to start is at www.nationalcar.ca NC
Please say you saw it in The Commercial Investor
Greater Toronto Area
ACTIVELY LOOKING FOR:
42
businesssavvy
Commercial Real Estate & Business Opportunities
Volume 13 Issue 13
75 per cent of Ontario small business owners have no plans to hire next year One of the top reasons for maintaining the status quo was budget and economic concerns. An easy first step we share with our Members is to create an up-to-date business plan that can act as a roadmap for their future.” The study also revealed that: 52 per cent never seek advice or help from their financial institutions and only 13 per cent ask for advice on a regular basis. The economy (22 per cent) and saving for retirement (21 per cent) are the leading worries that keep Ontario small business owners up at night.
A
ccording to the Small Business Banking in Ontario Study released by Meridian, Ontario’s largest credit union, 75 per cent of Ontario small business owners have no plans to hire next year.
The study, conducted by Harris/Decima, also showed that 52 per cent have no business plans for next year with: 75 per cent having no plans to hire more employees. 90 per cent not expanding their current location. 91 per cent not planning to open another location. 12 per cent planning to sell their business. “Small business is the future of Ontario’s economy,” says Jeff Brown, Director of Small Business Banking at Meridian.“At Meridian, we exist to grow the lives of our Members and to improve the communities in which we live. With 52 per cent of businesses having no planned business changes for next year, I am concerned with the state of our small business community.
Meridian’s Small Business Banking in Ontario Study, released October 8, 2013, finds that 75 per cent of Ontario small business owners have no plans to hire next year. (CNW Group/Meridian Credit Union)
87 per cent of Ontario small business owners identified cash flow (45 per cent) and work/ family balance (42 per cent) as their top challenges. 48 per cent handle all of the many different job duties that come with owning a small business themselves.
“For Ontario small businesses to grow and prosper they need to have a support network in place, which is why it came as a surprise that 52 per cent of Ontario small business owners don’t ask for help when they need it,” continued Brown.“By working with trusted advisors, small business owners can take advantage of opportunities to grow their business, minimizing stress in their personal and professional lives.”
About the Meridian survey: A total of 250 telephone surveys with Ontario small business owners were completed by Harris/Decima on behalf of Meridian, between August 28 and September 16, 2013. Results are considered accurate to within ± 6.2 percentage points, 19 times out of 20.
About Meridian: With over 70 years of banking history, Meridian is one of Ontario’s largest credit unions, helping to grow the lives of its more than a quarter of a million Members, including over 19,000 business Members. Meridian has $9.9 billion in assets under management and delivers a full range of financial services online, by phone, by mobile and through a network of 64 branches and 7 business centres. Meridian Members also have access to THE EXCHANGE® Network, with more than 2,400 no-fee ABMs across Canada and 340,000 ABMs in the United States. For more information, please visit: meridiancu.ca.
Please say you saw it in The Commercial Investor
Volume 13 Issue 13
Commercial Real Estate & Business Opportunities
businesssavvy
How to get your practice up and running
S
tarting a new professional practice may sound intimidating, but it doesn’t have to be. Whether you’re a recent graduate, an experienced professional looking to be an independent practitioner, or perhaps a seasoned veteran starting a post-retirement practice, there are a number of essential steps to follow that will put you on a path to success.
expansion. Do your market research, look at demographics, population and competition in the local market. Will you buy, build or lease and what are the ongoing costs of occupancy going to be? These estimates will be among the essential inputs needed for your business plan.
“On top of being a lawyer, doctor, veterinarian, or a practitioner in your chosen vocation, you’ll also be an independent businessperson,” says David Wilton, the director of small business at Scotiabank.“It’s important when starting any small business that you create a business plan, break down the elements you will need to focus on to accomplish your plan and then work through the process of dealing with those elements in a systematic way.”
Build up your support network:
Wilton offers his advice to get a new practice up and running: Location, location, location: Picking the right site is one of the most important factors for long term success. Think about the visibility of the practice, the ease of access, availability of parking, and suitability for future
Make a plan for growth: Successful businesses don’t happen overnight. Having a simple, straightforward business plan helps ensure your new practice has the fundamentals that it needs to become successful as it grows. It should include an executive summary, overview of your planned practice, a discussion of the business environment, your business objectives, strategy, financial projections and action plan. A plan is also crucial when seeking financing, allowing you to gauge your progress and prepare for the unexpected. Online tools are available for this. Wilton points out, for example, that Scotiabank offers a free, interactive planning tool called the Scotia Plan Writer, accessed at getgrowingforbusiness.com.
Starting a small business can be time consuming as you work to overcome obstacles, putting in the long hours to make your business a success. Take advantage of the expertise of advisors such as an accountant and your business banker. An accountant can help you with the books, find ways to keep your costs low, and do your tax return. Your business banker can advise you on cash flow, the use of credit, investments, and borrowing, among other things. Joining a professional organization, your local business association or working with a mentor are also great ways to build networks of strong advisors. So get a head start on your competitors. Combine your professional training with a straightforward business plan and surround yourself with a support system of experts. Very quickly, says Wilton, you will find yourself in the best position to launch NC and grow a successful practice.
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 13
RESTAURANT ON 2 ACRES + 2 RESIDENTIAL APARTMENTS
$1,199,999
Mono, ON
MATTHEW AMENDOLA Sales Representative
416.707.3449 Off: 416.654.1010 amendola.matthew@gmail.com Dir:
11281847_4913
• Profitable & Established Restaurant 30+ Years • Fronting on Busy Hwy 89 b/w Hwy 10 & 24 • Fully Licensed (LLBO) 82 Seats • Recently Renovated Top to Bottom - New Furnace, A/C and Roof • 2 Self-Contained Apartments - 1- 2 Bdrm, 1- 3 Bdrm • Suitable For Many Other Hwy-Commercial Permitted Uses • Located 5 Minutes From Fast-Growing Community of Shelburne
110 Ridgetop Rd. Available September 2016
3.3 acres
- Fully fenced, gated entrances, great security
PRoPeRty At A glAnce: • Taxes (2012) $76,473.50 • Located in Central Scarborough • 205’ - 401 Frontage on Eastbound Lanes
info@110-ridgetop-road.ca
• Over 250,000 Vehicles Pass by Daily • Fully Fenced and Secured Yard • Many Uses Including Outside Storage
www.110-ridgetop-road.ca
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SUTTON GROUP-SECURITY REAL ESTATE INC., BROKERAGE
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Gurdeep Sandhu
6850 Millcreek Drive Mississauga, ON L5N 4J9 Realty Specialists Inc. Brokerage An Independent Member Brokerage
Office: 905-858-3434 Direct: 647-262-9091
gssandhu@rogers.com gurdeepsandhu.com
INVESTMENT PROPERTY IN BRIGHTON GAS STATION AND BAKERY - ASKING $1,500,000
SHELL GAS STATION NIAGARA REGION ASKING $1,250,000
Great investment opportunity. Renovated gas station and bakery shop with excellent income on corner lot In The Heart of City. Opportunity forbuyer to also buy gas station sale of business separately. Call listing agent for any further info. Bring all offers.
Recently renovated self serve Shell gas station with convenience store and Lotto 649 in Centre of city. Fibre glass tanks and lines with sensors (leak detect). 4 pumps with 8 nozzles. Card reader at pumps. Corner lot. Beautiful and clean property with lots of futre potentials.
4913_DJW_3_0023
4913_DJW_0064
FINCH AVE/HWY 400 INDUSTRIAL CONDO AUTOMOTIVE USE - $749,000
ESSO GAS STATION - NIAGARA REGION ASKING $589,000
A great opportunity for User/Investor. Total 6 bays rented to 4 different tenants. Buyer can assume profitable automechanic business or continue getting monthly income. Owner retiring. Auto mechanic business with loyal clinetele.
Self serve Esso Gas Station with convenience store. Lotto 649 and three bedroom house inside City and Community area. Fibre glass tanks, two pumps. Corner lot. Also included adjoining vacant plot for running separate business with many permitted uses. Excellent investment and returns. Family run business. Be your own boss. Beautiful three bedroom house. Live or rent out for extra income. Excellent investment and returns.
4913_DJW_2_0022
4913_DJW_2_0021
PROPERTY FOR SALE - BRANTFORD - $550,000
CABINET MANUFACTURING BUSINESS FOR SALE - $149,900
Premium corner lot formerly gas station. Recently property was used for successful auto resale business. Great opportunity for both and many other permissible uses. Traffic count more than 42K. On busy intersection.
Fully equipped Cabinet Manufacturing Business for sale. Over 250K spent to set up the shop at 5800 sq ft area. New lease at buyer’s wish to be provided. Present rent $3547. that included TMI and water. Owner will train new buyer. Listof chattels with S/agent. Owner moving to other City.
4913_DJW_0063
4913_DJW_3_0019
RUNNING SALON IN MEADOWVALE ASKING $38,000
DRY CLEANING BUSINESS FOR SALE BRITANNIA RD/CREDITVIEW RD - ASKING $35,000
Great opportunity to own a running Hair Salon and Spa in high density residential area. Unisex Hair Salon also selling beauty products. Rent is only $1500/mth that includes TMI and utilities as well. Owner will train. Professional staff can stay as per buyer’s wish. 4000 plus clients with database. Presently working only 3 days a week. Lots of potential. 4913_DJW_0062
Excellent running franchise (Cadet) dry cleaning business for sale. Sales of approx. $7000/mth. Plus alteration sales of $2800/mth. Very reasonable rent of $2650/mth that includes TMI & H.S.T. Very low overhead, good money making business. Currently operating by staff only. Potential to increase business if family operates. Busy plaza with other anchor tenants as No Frills, Rogers, Mr. Sub, Petro Canada Gas Station etc, etc. Turn key business. Make money on day one. 4913_DJW_0061
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Volume 13 Issue 13
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(Including: Toronto, Etobicoke, North York, East York, Mississauga, Brampton, Oakville, Milton, Richmond Hill, Vaughan, Woodbridge, Thornhill, Markham, Newmarket, Scarborough, Pickering, Ajax, Whitby, & Oshawa)
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Brokerage
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View Over 20,000 Homes For Sale Online
Including All Foreclosures & Power of Sales
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FIRST TIME HOME BUYERS & REAL ESTATE INVESTORS ✓ Power of Sales, Foreclosures & Distress Properties ✓ Below Market Fixer-Uppers & Tax Sale Properties ✓ Below Market Rental Properties, Positive Cash Flow Properties ✓ Up to $25,000 CASH BACK at Closing & ZERO Down Mortgages
Including All Foreclosures & Power of Sales
w w w. G t a D i s t r e s s P r o p e r t i e s . c o m (Including: Toronto, Etobicoke, North York, East York, Mississauga, Brampton, Oakville, Milton, Richmond Hill, Vaughan, Woodbridge, Thornhill, Markham, Newmarket, Scarborough, Pickering, Ajax, Whitby, & Oshawa)
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✓ ZERO DOWN Mortgages ✓ 1st, 2nd, & 3rd Mortgages ✓ Bad Credit as low as 540 ✓ No Credit OK ✓ Self-Employed OK ✓ No Income Verification OK ✓ Refinance & Equity Take Out ✓ Debt Consolidations ✓ New Tax Deductible Mortgage ✓ Pay Off Your Home in 7 Years
We Work with Over 50 Banks, Trust Companies, Credit Unions, & Private Lenders
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A 29 OW B $1 29 O D SH A $ ZER 0 C 00 5, $1
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Volume 13 Issue 13
Commercial Real Estate & Business Opportunities
Leonardo Hara Sales Representative
Smart Choice
Realty Solutions Brokerage
Office: 416.743.2285 leohara@rogers.com www.LeonHara.com
647.668.4272
– – – – – – – – – – – – – –
PLAZAS: Toronto – 22 acres – 300,000 sf – Business Centre - $45 mil – 8% CR Toronto - $38 mil – 9 % cap rate 70 KM west of Toronto - $18.75 mil – 7.5% CR – with potential 300 km West - $12.2 mil – 6% CR – AAA Tenants Collingwood – 8.5 mil – 7%CR – 7.5 acres - Potential 400 km North – 6.5 mil – AAA Tenants - 6% CR Northern Ontario - $5.5 mil – 6.25% CR AAA single tenant Texas Plaza – 10% CR - $4.8 mil – AAA Tenants Plaza – 130 km west - $2.5 mil – 7.5% Cap Rate ESSO Gas Station – Hamilton – 2.275 mil 250 km West - 15 year lease single tenant - 1.17 mil - 7%CR Mix building – 7 apts + 5 offices - 1.1 mil - 7% CR Midland - $635 K – 47 k net income
– – – – – – – –
Toronto – 66 units - $8.25 Mil 5% CR Toronto – 57 Units – $7.1 Mil -4.7% CR London – 56 Units – Condo Status – $6.9 Mil -5.5% CR Sarnia - $5.55 Mil – 65 res + 8 com = 7.7% CR Peterborough – 40 units - $4 mil 7.6% CR!! Sarnia – 31 units - $2.1 Mil – 7% CR Belleville - $1.09 Mil – 9% CR – 5 apts. + 7 Offices 120 Km East - $600K – 6 units – 7.1% CR
APARTMENT BUILDINGS/MOTEL/HOTELS
PROJECTS/DEVELOPMENT, LAND – Peterborough – 100,000 sq ft mix use and existing 50,000 sq ft with income $8.25 mil – Richmond Hill – 150 units, 12 floors, 130 K sq ft space proposed - $4 mil – Orangeville - $4 mil – 53 acres (business park) & $1 mil – 17 acres (employment) – Toronto - $3 mil – 20,000 sq ft lot CL zoning – Georgian Bay – 40 estate Lots $2.5 mil (group of lots available also) – 3 Acres in Guelph – $1.8 mil – approved for Gas Station – busy intersection – 3 Acres in Scarborough - $1.6 mil – Industrial zoning – York Region – Yonge St. – 20 acres buildable $1.2 mil – – – –
LEASES Toronto- Great Location – 31,000 Sq Ft for lease $5.5 or sale $4 mil Commercial/industrial/retail Windsor – 14,500 sq ft immediately to Metro & 5,000 sq ft in a Big Plaza Industrial/Office Flex – 2500-5800 sq ft in the Hwy 427/ QEW Area Toronto – 20,000 sq ft lot CL zoning - $4.5/ sq ft.
MEDICAL, OFFICE & INDUSTRIAL – Toronto – Retail/office - $7 mil - $440 K Net – potential – Retail/ICI Building – Toronto – Hwy 401/Hwy 400 - $3.95 mil – Kitchener – Medical Building - $1.95 mil – 7% Cap Rate – Mississauga Medical Building - $1.65 mil – 7% CR – Office Building – Windsor - $1.285 mil – 11% Cap Rate – Fashion & Modeling Business Toronto - $150 K – 42% Return on investment on suites
PhaseOne PhaseTwo SiteRemediation Environmental Site Assessments
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905.825.2943 871 Equestrian Court, Oakville
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52 inthenews
Volume 13 Issue 13
Commercial Real Estate & Business Opportunities
Liberty Development Corporation offers premium space ‘commercial condos’ Retailers and businesses can own office and retail condos in Vaughan’s newest mixed-use community: Centro Square
I
n addition to being recognized for building great places to live, Liberty’s communities are also seen as great places to work and play. As award-winning mixeduse developers, Liberty has a reputation for building premium retail and office condominiums. A large part of Liberty’s successful approach to mixeduse development is offering businesses the opportunity to own a commercial unit, clearly demonstrating to today’s real estate market that condominium ownership needn’t be limited only to residential spaces.
Centro Square Condos - North west aerial view
Please say you saw it in The Commercial Investor
Liberty’s latest commercial condo opportunity – more than 270,000 square feet of office and retail space at Centro Square – has recently been introduced to the market with great success.
Volume 13 Issue 13
Commercial Real Estate & Business Opportunities
“We wanted to give everyone the option to buy into this great community,” says Shawn Richardson, Liberty’s sales and marketing manager.“Commercial retailers and business owners, just like homeowners, see the value of ownership, and the value of locating at Centro Square.” Poised to become one of Vaughan’s most popular destination developments, Centro Square is ideally situated in the heart of Vaughan, at the corner of Highway 7 and Weston Road. “With the ongoing improvements to public transit infrastructure in Vaughan and the focused, dedicated transit lanes being added to Highway 7, this artery is fast becoming Toronto’s ‘new Yonge St.’” says Marco Filice, senior vice president and general counsel at Liberty. Purchasers of the commercial condos in this Highway 7-based development will be a part of the incredibly dynamic Centro Square Community, which boasts approximately 800 condominiums and a commercial/retail corridor providing unequalled access to the multitude of stores and offices.
53 inthenews
approximately 150,000 square feet of office space. Providing the premier retail opportunity in Vaughan, the Shops at Centro Square will be spread out over two floors in the eye-catching podium, boasting beautiful street promenades and a landscaped public plaza at the intersection. Highly visible signage for stores of all shapes and sizes, as well as retail buildings that offer the latest technologies, including a spectacular green roof. The Shops will offer an exciting retail experience that will attract visitors to come and explore this unique shopping destination. The Offices at Centro Square will be located in a 10-storey purposebuilt office building, complete with cutting-edge executive spaces in a variety of floorplans to suit the needs and budgets of all businesses. Spacious work areas come equipped with state-of-the-art facilities, welcome lobby for visitors and underground parking. Don’t miss out on this amazing opportunity to be a part of this exciting new urban community. For more information on The Shops at Centro Square and The Offices at Centro Square, email info@LoveWhereYouShop.ca, call 647-317-3993 or go to www.LoveWhereYouShop.ca.
Access to the Shops and Offices at Centro Square is unbeatable. Expansions to public transit, including the addition of both subway and bus rapid transit service along Highway 7, will make Vaughan one of the most wellconnected regions just outside of Toronto. Visitors opting to arrive by car will be thrilled with the ongoing roadway improvements to Highway 7, making the drive to Centro Square a breeze. Designed by the awardwinning teams at Kirkor Architects, and Hefele Makowka Design Associates, the mixed-use Centro Square development will consist of two residential towers joined by a 2-level podium, approximately 120,000 square feet of retail space and Centro Square Condos - North west shops entrance
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8975448_4913 4913_DJW_1_0010 4913_DJW_0023
$1,250,000 CALLING ALL BUILDERS! GREAT OPPORTUNITY TO OWN 2 USED CAR SALES LOTS IN A BUSY CORRIDOR OR BUILD SINGLE FAMILY HOMES! CURRENTLY RENTED OUT FOR A YEAR AT $49K. APPROX 24,000 SQ FT AREA!
4913_DJW_1_0020
$3,750,000 ONE OF A KIND HISTORIC DETACHED MANSION LOCATED IN THE TRENDY FASHION & ENTERTAINMENT DISTRICT OF TORONTO. BOASTING APPROX 6,000 SQ FT & 9 GUEST ROOMS, 5 BATHS & 2 FULL KITCHENS, SPACIOUS FORMAL PRINCIPAL ROOMS, ORIGINAL WOOD STAIRS, WINDOWS & TRIM, ORIGINAL WALL MURALS & TAPESTRIES, ORNATE CEILINGS, WALL MOUNTINGS.
4913_DJW_1_0031
$3,975,000 HUGE INDUSTRIAL/COMMERCIAL BUILDING COMPLEX IN TRENDY “PORT CREDIT”! ALL UNITS ARE TO BE PURCHASED AS ONE! GATED & FENCED! IDEAL FOR FUTURE DEVELOPMENT OPPORTUNITIES OR FOR THE USER/INVESTOR!
$279,000 ALL A WOMAN CAN ASK FOR UNDER ONE ROOF. TOTAL GYM WITH A SWIMMING POOL, WHIRLPOOL SAUNA, TANNING CENTRE, BEAUTY SPA (MANICURE/PEDOCURE, FACIALS, MASSAGE, THREADING, WAXING ETC), JACUZZI. INHOUSE PHYSIOTHERAPHY, CHIROPRACTOR SERVICE AVAILABLE.
4913_DJW_1_0009
4913_DJW_1_0038
$460,000 BRAND NEW 1,535 SQ FT UNIT IN NEWLY DEVELOPMENT PLAZA! TONS OF PARKING, EXCELLENT EXPOSURE! IDEAL FOR PROFESSIONALS & SMALL BUSINESS OWNERS!
4913_DJW_1_0033
$794,000 CALLING ALL BUILDERS! RARE OFFERING! OPPORTUNITY KNOCKS! PLANS ARE AVAILABLE TO BUILD 10 TOWNHOUSES ALONG WITH COMMERCIAL SPACE! CLOSE TO MAJOR HIGHWAY & PUBLIC TRANSIT!
BUSY TANNING SALON IN A WELL ESTABLISHED GYM IN MISSISSAUGA! TURN KEY BUSINESS, ESTABLISHED CLIENTELE, TOP OF THE LINE EQUIPMENT (INCLUDED), BENEFIT WITH SALES OF NUTRITION SUPPLEMENT ALSO! LOW RENT $1600/ MONTH ALL INCLUSIVE! SELLER WILLING TO TRAIN!
PRIME RETAIL SPACE WITH HIGH PROFILE EXPOSURE! PREMIUM STOREFRONT, PYLON SIGNAGE, PRICE FOR A QUICK SALE, ALL CHATTLES, FIXTURES & STOCK INCL, 2,320 SQ FT, 5 YEAR LEASE WITH AN OPTION TO RENEW FOR 5 MORE YEARS, $7,100 + HST PER MONTH!
LOCATION, LOCATION, LOCATION! SALE OF BUSINESS OF A WELL ESTABLISHED FASHION STORE! ALSO SELLS DESIGNER FRAGRANCES, JEWELLERY & COSMETICS, EASY TO OPERATE & TONS OF PARKING AVAILABLE! APPROX 1,800 SQ FT OF RETAIL SPACE! 4913_DJW_1_0012
$115,000
4913_DJW_2_0010
$120,000
4913_DJW_2_0046
$125,000
$75,000 BEAUTIFULLY APPOINTED EXCLUSIVE LADIES FASHION STORE! LOCATED IN A HIGH DEMAND AREA, LONG STANDING ESTABLISHED CLIENTELLE, BARGAIN PRICE, OPPORTUNITY KNOCKS, THE PRICE DOES NOT INCLUDE INVENTORY!
$70,000 WELL ESTABLISHED FOOTWARE STORE! TURN-KEY OPERATION WITH STABLE SALES REVENUE, LOCATED IN THE BUSY WOODBINE SHOPPING MALL, PRESENT LEASE IS AVAILABLE TILL 2016 WITH AN OPTION TO RENEW FOR 5 MORE YEARS, LOW RENT OF $5,361 (ALL INCLS) WITH APPROX YEARLY SALES OF $250K! SELLER WILLING TO TRAIN!
Please say you saw it in The Commercial Investor
$70,000 SITUATED IN A BUSY CORRIDOR OF BRAMPTON! DOLLAR STORE WHICH COMES FULLY EQUIPPED WITH AN ATM & LOTTO STALL! UPG SHELVINGS, COUNTER & NEW SECURITY CAMERAS! PERFECT FOR THE FAMILY RUN BUSINESS! PURCHASE PRICE DOES NOT INCL. THE INVENTORY!
Greater Toronto Area
4913_DJW_0022
4913_DJW_0021
Sam McDadi Real Estate Inc., Brokerage
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 13
Tight commercial inventory levels impede sales activity in most major Canadian real estate markets, says RE/MAX
W Greater Toronto Area
hile unprecedented levels of demand have been reported for commercial real estate in key Canadian markets this year, a shortage of available product continues to hamper sales activity virtually across the board, according to a report released recently by RE/MAX.
The 2013 RE/MAX Commercial Investor Report, highlighting trends and developments in 11 major centres across Canada, found that commercial inventory remained scarce during the first half of the year, particularly in the multi-unit residential, industrial, and retail sectors. Sales softened in 73 per cent of markets
examined between January and June 2013 in response to dwindling supply. Hamilton-Burlington, St. John’s and Calgary bucked the trend, reporting a 15 per cent, 10 per cent and eight per cent increase respectively in the number of commercial units sold. Dollar volumes have declined in tandem, with the exception of the Greater Toronto Area – where RealNet reports volume is up almost 28 per cent over last year’s levels to $7.7 billion – Hamilton-Burlington and Winnipeg. Despite some pullback by large institutional investors (REITs and pension funds), smaller investors and end users have been particularly active, fuelling demand for industrial product, multi-unit residential product – on both a large and small scale basis – and retail storefront. “There’s a lot of money chasing a limited supply of commercial product, be it multi-unit residential, industrial, or retail storefront,” says Gurinder Sandhu, Executive Vice President, Regional Director, RE/MAX Ontario-Atlantic Canada.“In some areas of the country, we’re seeing unsolicited offers on product not available for sale – often well above market value. Demand has placed serious upward pressure on price in most markets and contributed to lower cap rates across all asset classes. Looking forward, little is expected to change heading into 2014, which makes inventory the ultimate wildcard in commercial performance.”
Please say you saw it in The Commercial Investor
Commercial Real Estate & Business Opportunities
The report identified two major drivers responsible for the upswing in demand for commercial properties – the combination of historically low interest rates and relatively solid economic performance. Over the past two quarters, Gross Domestic Product has risen on a national basis by 2.2 and 1.7 per cent respectively. The Bank of Canada is expecting third quarter performance to hover between two and 2.5 per cent. That’s translated into renewed confidence from a business perspective and provided the catalyst necessary to renew market activity. “Risk aversion appears to be behind the thrust for commercial product, with owner-operators now investing in themselves,” says Elton Ash, Regional Executive Vice President, RE/MAX of Western Canada.“Rather than pay rising office, industrial or residential rental rates, end users are competing against small and large investors for prime commercial buildings. The trend is especially evident in terms of demand for industrial real estate where a limited supply of product has generated the lofty prices now attached to that sector.” Tight market conditions were noted for industrial product in 91 per cent of markets (10/11) examined in the RE/MAX report. Owner-operators were exceptionally active in major centres, with most seeking out buildings under 10,000 sq. ft. Strong demand fueled price increases across the board, with the most pronounced appreciation occurring in Regina, where the price per acre of industrial land almost doubled between 2008 and 2013. The report also found that the market for retail product, including storefront, strip plazas, and malls, continued to be characterized by solid demand, with close to 82 per cent of major centres (9/11) noting an upswing in activity. Supply was of particular concern in trendy, urban cores. Strong retail expansion – underway in centres across the country – supports ongoing demand, given the influx of American and international brands to the Canadian marketplace. Their presence has increased competition, along with the desire for increased visibility and a stronger footprint in the marketplace. Ongoing residential construction has also provided a boost, giving rise to a growing number of box stores, power centres, outlets and strip plazas in newer communities throughout the nation.
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consistent demand. End users were also extremely active, enticed by the opportunity to live in their investment, while at the same time securing a steady income stream. The appeal of this segment was universal in nature. From small to mid-market purchasers, right up to large institutional investors, buyers were keen to get a piece of this segment. However, inventory proved particularly elusive. The lack of new rental construction in many markets has created a bottleneck in demand versus sales, and the stark reality is few owners are listing existing product. “Those with commercial holdings have sent a clear message,” says Sandhu.“They’re essentially saying, ‘we have a good thing going, and we’re not willing to part with it.’ For love or for money, owners are holding firm and it’s creating a real challenge in the marketplace. A serious portion of commercial sales are exclusive – that’s been the case for years – but as demand has risen, it’s made navigating the market increasingly difficult, especially for those with a lighter portfolio. Yet, buyers remain undaunted. In what many have traditionally considered a ‘big fish’ game, more and more individuals are making the foray into the market – a reflection of confidence, climate and a new investor mindset.” While most segments of the market remain fairly vibrant, the report found that inventory has been quietly building in Canada’s office segment. New construction and, in some cases, consolidation of space among existing tenants has resulted in rising vacancy rates. While values have held relatively firm so far this year, some softening of lease rates is possible should the current trend continue. Land sales – especially on the residential end – have also trended downward in 2013, in tandem with housing starts which are off last year’s pace by 15 per cent. Although major players continue to step up to the plate to secure favourable positioning down the road, some developers have clearly scaled back. “On the whole, Canada’s commercial market is quite sound,” notes Ash.“The majority of investors – both local and those from abroad – seem intent on long-term holds which, despite the supply issue, always bodes well for stability. Our major centres are redefining themselves through revitalization and exciting new projects, and we’re raising our profile in the process. Population growth and increased density will absolutely necessitate further evolution and place greater pressure on commercial product down the road. Future prospects, combined with current market realities – such as weak returns in other investment classes – have all but made commercial real estate a darling among investors.” RE/MAX is one of Canada’s leading real estate organizations with over 19,000 sales associates located in 750 independently-owned and operated offices nationwide. The RE/MAX network, now in its 40th year, is a global real estate system operating in more than 90 countries, with over 6,300 independently-owned offices and more than 89,500 member sales associates. RE/MAX associates are among leaders in the industry in professional designations, experience and production while providing real estate services in residential, commercial, referral, and asset management. For more information, visit: www.remax.ca.
Multi-unit residential remained a perennial favourite, with virtually all markets reporting
Please say you saw it in The Commercial Investor
Greater Toronto Area
Volume 13 Issue 13
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 13
Kitchener/Waterloo Guelph & Cambridge
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
central ontario COverINg: Barrie • Collingwood • Muskoka • North Bay • Kawartha Lakes Midland • Meaford • Paisley • Parry Sound • Orillia Owen Sound • Sudbury • Walkerton For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
1-866-557-1110 705-647-1110
temiskaming realty ltd.,
www.temiskamingrealty.com
Bill Byers, Sales representative
bill-byers@coldwellbanker.ca
LIQUIDATION STORE
FREE BUILDING
Solid block 5700 sq building & business downtown Englehart, no competition, seller will train. Asking $265,000. MLS 132614
With the purchase of this Earlton lot for only $54,900. 3600 sq’ plus garden centre sq’ downtown corner lot with lots of potential. MLS 102746
4913_DJW_4_0086
4913_DJW_2_0012
GAS STATION BUSINESS
HOME BASED BUSINESS
Three locations including 2 gas stations with C-Store, Coffee Shops, etc. One with car wash, bait shop, & owner’s apartment. 3rd location for propane exchange distribution centre. Over 9 M in sales per year. Haileybury. MLS 130792. $3,250,000. 4913_DJW_4_0054
3+1 bedroom home just off Hyw #11 in New Liskeard with 50’ x 20’ attached office, carport & double garage on a 1 acre lot with plenty of parking. Also great for a large family. $239,000. MLS 131802. . 4913_DJW_4_0023
PRIME COMMERCIAL LAND
GENERAL STORE Excellent turn key business & home. Rural opportunity on Hwy 65 W in Kenabeek, Gas station, C-Store, Lotto, LCBO, Bait, Bottle Return, Post Office, Garage & sheds & a large 5 bedroom apartment. Lots of parking on this 1.47 acre property. New Price $270,000. MLS 130417. 4913_DJW_3_0051
2.89 Acres on Hwy #11 & Main Intersection for downtown Englehart. All town services are availiable. Fronting on 3 streets for excellent exposure & access. asking $99,000 mls 132615. Many other Com/Res/Agr/Waterfront properties available in our area.
Please say you saw it in The Commercial Investor
Central Ontario
brokerage New Liskeard, Northern ontario
9857729_4913
Volume 13 Issue 13
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Commercial Real Estate & Business Opportunities
businesssavvy
Volume 13 Issue 13
Surviving your first year: tips for small business owners
M
any successful entrepreneurs can tell you that starting a business
can be extremely rewarding but that it can also be stressful.
“Everyone who starts a business enters with excitement and aspirations for success and while no two businesses are the same, success can be difficult to predict,” says Kim Ulmer, vice-president, Small Business, RBC. “Many factors can contribute to the success of your business, but it’s important to understand that building a successful, profitable business takes patience, determination and focus.” Central Ontario
Ulmer offers some tips that can be applied to any new business, increasing your chance of success: • Make a plan – Creating a business plan is essential to the survival of any business. It will help you identify your customers, your market, your competition, and other important aspects of your business. It will also help you identify potential opportunities and obstacles that might not have occurred to you. As your business grows, it will serve as the yardstick against which you can measure your business performance and make sure you’re staying on the right track.
• Be a student of your business – To be successful, your business needs to stand out among the competition. Your “unique selling proposition” may be your product or service, price, selection, or any number of things. Whatever it is, you need to understand the market, and know what your competition is doing, to ensure that whatever you are offering is more appealing to your customers than anything else out there. Research online, join industry associations and most importantly, talk to your clients. • Keep an eye on your cash flow – Without a clear picture of your daily sales revenue and expenses, you won’t know how much your business is making. That’s why keeping an eye on your cash flow is crucial. It’s also essential for forecasting, as your predictions and planning are based on what happened today. Over time your forecasting will become more accurate, so you can plan for fluctuations in your business due to seasonal or economic factors. It will also help you determine how much cash you need in reserve to keep you in the black through slower periods.
For more business advice at all stages, visit: https://www.rbcadvicecentre.com/business_advice.
• Establish a support network – Business owners tend to be independent-minded and are more inclined to solve problems on their own. However, it is important to not be shy when it comes to asking for advice. You’ll be surprised how many are willing to share industry information or serve as a sounding board for your ideas. Other people to consider for your professional network include suppliers, customers, accountants, lawyers, and financial advisors.
Please say you saw it in The Commercial Investor
NC
61
Commercial Real Estate & Business Opportunities
11265629_4913
Volume 13 Issue 13
POWER OF SALE 12 unit motel near Owen Sound, 32 seat restaurant. Excellent 3 bedroom living quarters. Parking for 14 cars. Good gross income/ Presently in operation. $460,000. Call PAUL 519-372-5155.
4913_DJW_0079
14,000 SQ FT PLAZA 95% leased, 8 tenants, unlimited parking, 2 entrances, 3 phase power, natural gas, storage garage. New drilled well. South of Owen Sound. Cap Rate 9% with more potential. 1.77 acre lot. $750,000. Call PAUL 519-372-5155. 4913_DJW_0080
COFFEE CULTURE FRANCHISE
Central Ontario
Established Owen Sound coffee shop. 47 seats with 1750 sq ft + 24 seat patio Equipment and leaseholds 3 years old Excellent opportunity $149,900 Call PAUL
Ontario’s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate
for advertising call
doreen wills 905.570.9283 • 1.800.268.0077 doreen.Wills@wall2wallmedia.com Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 13
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
eastern ontario COverINg: Lindsay • Peterborough • Port Hope • Bowmanville • Cobourg • Trenton • Belleville • Kingston • Northeastern Ontario For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 13 Issue 13
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Commercial Real Estate & Business Opportunities
8305397_4913
“Your Commercial Connection in Eastern Ontario” www.cbcommercial.ca
Jamie Troke, CCIM Broker of Record jtroke@reach.net
613-969-9901
INVESTMENT BUILDING
PRIME OPPORTUNITY - INDUSTRIAL PARK
Over 9% CAP RATE. Includes fully leased Restaurant & 79 self-storage units (60 climate controlled). PLUS 6 newly renovated 1 bdrm residential apartments. www.112SouthTrent.com
Prime corner location in Belleville Industrial Park, 68,000 sq.ft. on 6.8 acres. 6 loading docks, 2000 amp service. 3-5 minutes from Highway 401. www.440college.com
ASKING $925,000
FRANKFORD
BELLEVILLE
4913_DJW_1_0110
GROCERY STORE - BUTCHER SHOP
FAMILY RESTAURANT
STIRLING
TRENTON
ASKING $2,850,000 4913_DJW_0057
32,000 SQ. FT.
BELLEVILLE
High tourist area, 4,000 S/F full service long established Grocery Store with Lotto and Butcher Shop (owner will help train). Includes all land, building and equipment. Contact Adam Burr: www.Sprenkels.ca
Great opportunity to own your real estate and busy 125 seat restaurant with catering potential. Owner will consider partnering. www.BlackDogStirling.com
EXCELLENT INVESTMENT OPPORTUNITY. Located in Downtown Belleville. Hastings Housing Authority & Probation Office. Cap Rate 9.5%!!!
4913_DJW_2_0096
ASKING $475,000
4913_DJW_1_0095
PRICE REDUCED!!! $1.88 MILLION
ASKING $628,000
www.15victoria.com Joe Shunock, Sales Rep.
4913_DJW_3_0075
350 parking spaces, over 1,000 residental units in neighbourhood. Anchor tenants include Giant Tiger, Dollarama, Meta Employment Services, Salvation Army Thrift Store and Tim Hortons. www.sidneysquare.com 4913_DJW_0081 4913_DJW_0082 4913_DJW_0083
Contact John Belanger, Sales Rep. www.Jenland.ca
4913_DJW_0084
255 PRIME SERVICED ACRES Property Description: 255 Acres of flat Industrial/Commercial serviced vacant land. Ready for immediate development or severance into smaller lots. Property is bisected by a new arterial road that links the property with two interchanges onto Highway 401. North lot (153 Acres) fronts onto Highway 401 - one of North America’s busiest Highways. Services available: power, water, telephone, cable, gas, sanitary. Location Description: 1.5 Hours east of Toronto. Midway point between Toronto and Montreal. Close to U.S. points of entry. This site has been recognized as one of the Prime Vacant Land sites in Eastern Ontario.
Please say you saw it in The Commercial Investor
Eastern Ontario
FOR SALE 120,000 SF – 8.5 ACRE PLAZA 8% CAP RATE
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Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
Volume 13 Issue 13
65
Commercial Real Estate & Business Opportunities
JUST LISTED –17 BED DOM HOME OTTAWA AREA $999,000 11.5% CAP RATE*– CITY FUNDED
13 BED HOME CARE FACILITY EASTERN - JUST LISTED 10 DOM 3 HSC BEDS $699,000 20% CAP RATE-50% R.O.I!
START A NEW LIFE!! SAVE $60,000 P.A.!! KINGSTON - GOVERNMENT FUNDED HSC’S* $349,900
This well located Dom Home is nearly always full. Most residents have private rooms. Net, net operating income $114,000, when fully staffed 24 hours. Net operating income could be much higher for the on site owner. Income could be tax exempt. Funding from City of Ottawa - long term arrangement.
Great business opportunity. This Home Care Facility in pristine condition comes with a lovely owner residence on site. Ministry of Health and the City of Cornwall pay the owner directly for the residents. On site owner operators can net $120,000 per year TAX EXEMPT. Because of minimal living expenses the on site owner operator could save $100,000 + per year.
This Kingston home has 5 HSC beds with a gross of $90,000 p.a. This income is tax exempt and covers all the living expenses for the on site owner/operator. Home for Special Care (HSC) Minsitry of Health funded. Live in owner could save up to $60,000 per year. Possibility of extending operation. On site live in owner could save up to $60,000 per year tax exempt.
3713_DJW_4_0075
3713_DJW_5_0088
3713_DJW_1_0089
MICHAEL SHMUKLER, BROKER Sutton Group Select Realty Inc. Brokerage
11253451_4913
519-433-4331 519-318-1622 michael@michaelshmukler.com www.MichaelShmukler.com - click on I.C.I properties
What our clients are saying about us “I have sold 3 properties in the last 2 months as a direct result of my ad in Commercial Investor. I have also acquired qualified new customers who are ready to search for properties right now! I will definitely be including Commercial Investor in my advertising campaign from now on.” Greg Howe Sales Representative
Elite Realty Niagara Brokerage
For information call 1.800.268.0077 Please say you saw it in The Commercial Investor
Eastern Ontario
Volume 13 Issue 13
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Commercial Real Estate & Business Opportunities
Volume 13 Issue 13
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
niagara COverINg: Niagara Falls • Niagara-on-the-Lake • St. Catharines • Thorold • Welland • Fort Erie • Beamsville • Fonthill • Port Colborne For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 13 Issue 13
67
Commercial Real Estate & Business Opportunities
LarryYour“BILKO” Bilkszto Local Sales Representative Since 1989
Garden City Realty Inc. Brokerage Independently owned and operated
Email - bilko@rgcmail.com Web - www.bilko.ca
(905) 641-1110 • (905) 563-3330 Toll Free (866) 575-9400 8494906_4913 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES “BILKO”
Approx 86 acres of true bench land in prestigious Jordan. Approx 60 acres workable w/balance having ravines, woods, & escarpment views of Lake Ontario. Presently 3 single family homes on this property. Talk about location! Location! Location! For that winery vineyard. This is it!! Most desirable viniferous land throughout Canada! Asking $1,999,800
Welland building 6 Acres of lot. Here she be! residential Who says you development land can't afford a in Jordan Station. building lot? Note Surrounded by the lot size the greenbelt, compared to vineyards & others that are for orchards. All city sale! 40'x116.70, great deal & investment. Just services at the road! Only mins to the QEW & try an offer! Get building! $24,800 all amenities. $4,000,000
2 Homes on 92 acres! 3 bdrm w/full bsmt. Open concept kitchen/ dining & living rms. 2 pc ensuite, 4 pc bath. C / A , C / V & woodstove. 2nd house rents for $900/mnth+. Lrg shop/garage 64' x 40' w/18' ceilings, 2-12' doors & 2 garage doors. 60' x 30' block barn. $724,800
4.4 Country acres. Past use was a grape juice production site. Production facility approx. 12,000 sq. ft steel bldg, 40' x 50' detached workshop & solid brick bungalow w/full bsmt. 3 phase hydro. In need of repair. Sold 'as is' under P.O.S. $599,800
Great investment property in ever growing Welland. Just off HWY 406 & East Main. 2.7 acres of commercial land presently a car wash w/6 bays & 1 drive thru car wash & detail shop. A 5 yr lease is in place till Aug 15, 2015 for the building @ $3500 per month. 3 phase hydro. Approx 2 acres of vacant land has plans for a mini warehouse & public storage facility. $399,800
SPECIALIZING IN FARMS, AGRICULTURE, GREENHOUSES, ETC.. IN THE NIAGARA REGION!
Jack Huitema
Broker of Record
Phone: 905-774-7624 Fax: 905-774-5960
220 Broad Street East, Dunnville, ON N1A 1G2 Each Office Is Independently Owned & Operated
Niagara Peninsula
OPERATING GREENHOUSE IN NIAGARA
29.7 Acre property with 290,000 sq. ft. of glass & poly greenhouses. Growing seedless cucumber. On site residence + large ponds for water. 4 separate growing areas. New water treatment & nutrient recovery system. Packing lines in 24,000 sq. ft. warehouse. 250 kw generator. 2-300 H.P. boilers. 3 phase power. This greenhouse showing excellent results. Call for more info. 3713_DJW_0107
3713_DJW_0108
3713_DJW_0109
3713_DJW_0110
www.coldwellbanker.com
11279879_4913
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Volume 13 Issue 13
The “Street Smart Real Estate Appraiser” –
Are you Attached?
M
y last article was about “A Plan” as it could relate to property appraisal when purchasing a property. The Plan needs to include a series of questions: why do I need this property, what are my choices (lease or purchase), could I build it new, how do I finance it, what do I think about the economy and the political climate, what is my exit strategy, do I need more money after I purchase for renovations, etc. The answer to these questions will help develop the overall Plan and aid in the purchase of the property. These are some of the questions a real estate appraiser should ask himself when appraising a property for a client. Ultimately does the Plan make logical sense? What I have found in the 20 plus years in the real estate industry is there is always someone that understands a property better than I do! Who are these other real estate pros? What do they think? What do they see? Why should I find them? What’s important to them? Why do they buy? In my opinion, some of these people include: the Property Owners, Property Managers, Developers, Brokers, Builders, Bankers, Accountants, Lawyers, Business Owners, Engineers, Architects, Consultants.... etc. These people offer an important contribution to the valuation of a property because they are industry specific professionals. Depending on the property being appraised, it’s best to talk to these people, understand what they think, know and see, and ultimately get their “trade secrets”. The mission - become a “STREET SMART APPRAISER”!! I once again turned to a professional; typically I talk with professionals that service the property industry to facilitate day to day business. One of the real estate valuation techniques I’ll give you is “Are you Attached”! Harry Korosis emphasized this appraisal “technique”. Harry is a member of Chown, Cairns’ Business Law and Litigation teams and his practice covers a broad range of business law and commercial litigation matters. Harry’s business law experience includes advising and/or acting in respect of the incorporation and organization of new businesses; acquisitions, financing and sales of existing businesses; residential and commercial real estate transactions; municipal land use and land development; commercial leasing; regulatory compliance; estate planning; and corporate re-organizations.
Niagara Peninsula
Owing a property for several years and sometimes several generations will make it difficult to do an unbiased valuation. The owner of real estate often develops an emotional attachment to the land and/or buildings that form a property. Often a Seller can’t cut themself loose of a property to make a deal when they know they should, only to holdout for a value that is not attainable or defendable. Owners are sometimes clouded by emotion; they need to try to disconnect themselves with their specific property history. Retaining a third party to bring rational and logical valuation approaches is critical. Can anyone else see the premium in the market value sought by the Seller? Hopefully, other professionals in the real estate industry will have the guts to tell the individuals that they are “Attached.” Please email me your “Street Smart Real Estate Appraisal” advice to - todd.crawford@dtzbarnicke.com. Todd Crawford is a Designated AACI Real Estate Appraiser, Broker, Consultant, Investor, Property Manager and Business Partner specializing in Commercial Real Estate with DTZ a world wide real estate service firm. 8646421_4913 Please say you saw it in The Commercial Investor
Volume 13 Issue 13
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Commercial Real Estate & Business Opportunities
www.dtz.com DTZ Barnicke Niagara Limited, Real Estate Brokerage 4056 Dorchester Rd. Niagara Falls, ON L2E 6M9
905-354-7413
9866060_4913
E
RIC
C
50 William st., St. Catharines
93 room Motel situated on 1.69 acres Offered on an “AS IS, WHERE IS” basis. Under P.O.S. Minutes to the Falls 2 bdrm. Manager’s apt., in-ground pool & children’s play area OFFERED AT: $2,100,000 Contact: Greg Chew, Sales Representative Greg.chew@dtzbarnicke.com
4913_DJW_0035
4913_DJW_0034
7701 Lundy’s Lane, Niagara Falls
9,150 sf Commercial Building Fully Leased or owner will vacate if needed Well Maintained near the downtown core On site parking for 14 cars Close proximity to new Performing Arts Centre OFFERED AT: $799,000 Contact Greg Chew, Sales Representative Greg.chew@dtzbarnicke.com
10 Unit 2 storey walk-up Apartment building 4-2 bdrm, 5-1 bdrm, 1-3 bdrm. Coin operated laundry facilities OFFERED AT: $650,000 Contact: Ralph Roselli, Sales Rep.
30,000 sq. ft. Industrial Building Situated on 2 acres Loading Docks & 3 O.H. Doors, 16’ clear New Roof, Ample on site parking OFFERED AT: $995,000 Contact Ralph Roselli, Sales Rep.
Former Dealership Lot & Show Room 4,250 sf free standing building Located on the North Service Rd. with great exposure from the Q.E.W. AVAILABLE - Contact Broker for details Taylor.wilson@dtzbarnicke.com
WASAGA SANDS GOLF CLUB
4541 Queen St., Niagara Falls
Build to Suit Great Condo Opportunity Situated on 3 acres Start Spring 2014 Various size units available Also stand Alone with potential drive-thru Contact: Ralph Roselli, Sales Rep ralph.roselli@dtzbarnicke.com
10 Club Court, Wasaga Beach, ON 18-hole golf course - 121.5 acres Potential for residential development land OFFERED AT: $2,400,000 UNDER P.O.S. Contact Mark Stevens, Sales Rep.
Downtown location Fully renovated In 2004 - On site parking 3,600 sq. ft. main fl. With full basement Offered at $279,900 Contact: Mike Halliday, Sales Rep. mike.halliday@dtzbarnicke.com
4913_DJW_0041
McCleary Dr. & Collier Rd., Thorold
4913_DJW_0040
4913_DJW_0039
4913_DJW_0038
135 Dieppe Rd., St. Catharines
4913_DJW_0037
1813 Allanport Rd., Thorold
4913_DJW_0036
5325 VanAlstyne Place, Niagara Falls
BROKERAGE APPRAISALS MANAGEMENT
Connected Globally. Focused Locally. Please say you saw it in The Commercial Investor
Niagara Peninsula
DU
RE
P ED
70
Volume 13 Issue 13
Commercial Real Estate & Business Opportunities 8181576_4913
Garden City Realty Inc
Tony Tripodi Broker
Robert Martens
Brokerage Independently Owned & Operated
Broker
905.980.1790 Niagara Real Estate Centre
905-641-1110
Brokerage 905.688.4561
cell: 289-241-6954
11282058_4913
Rick Hawes Broker
905.347.0173
tripodi@sympatico.ca
*INDUSTRIAL*COMMERCIAL*INVESTMENT*
ST. CATHARINES
Industrial Building on 14 Acres. approx 150,000 sqft., all fenced - numerous doors from 14’ to 25’ height, 8 loading docks with levellers - sprinkler system - 120 unit indoor self-storage units, with adjacent space for additional 120. New roof. Solar panels generating $440,000 for first 10 years, then $250,000 yearly for further 5 years. Rented warehouse space bringing approx $200,000 per year. Approx 7 acres zoned for Multi Storey Residential development. Close to Hwy #406 and QEW - Asking price $3,900,000.
4913_DJW_1_0094
NIAGARA FALLS, ON
Restaurant/bar known as “The Niagara”. Turnkey operation. Just walk in and start making money. Included in price is land, building, equipment, and chattels. LLBO licensed for 200 seats, including patio. In the center of revitalized downtown. Terms may be available with good downpayment. Price slashed to $299,900. Don’t lose this opportunity! Call Tony direct at 905 323 7064. Email tripodi@sympatico.ca 4913_DJW_0078
Call Tony Tripodi @ 905-323-7064 or email: tripodi@sympatico.ca
Thriving well known Established Restaurant Business includes chattels, land and buildings. Prime high traffic location with easy access and ample on-site parking. Additional storage in upper level and basement. Asking $550,000 for this Excellent Business Opportunity. 4913_DJW_0097
Greg Howe
gamhowe@sympatico.ca
Sales Representative
6150 Valley Way, Niagara Falls ON L2E 1Y3
905-935-6838
Independently Owned & Operated
905-346-2000
Niagara Brokerage
11246794_4913
79 RIDLEY RD. ST. CATHARINES EXCLUSIVE LISTING
218 VINE ST. ST. CATHARINES EXCLUSIVE LISTING
46 RYKERT ST. ST. CATHARINES EXCLUSIVE LISTING
Consists of 3 buildings in total, 5 apartments. 4-2 br units and 1-1 br unit. Generating Newer 4 bay, 8200 sq. ft. mechanic repair shop. Many possibilities, 20 $4000 monthly gross income. 3 commercial bays almost 4000 sq ft in total. Ideal for Newly renovated 4 unit brick 2 storey apartment building. Consists of ft ceilings and 16 ft doors, parking up to 20 vehicles. Owner willing to a contractor who needs an office and living quarters. The remaining tenants will pay 2-1brs and 1-2br units. $27,000 gross yearly income. Tenants pay assist with financing. 4913_DJW_0007 the mortgage. Owner willing to assist with financing. 4913_DJW_0008 hydro, owner willing to assit with financing. 4913_DJW_0009 6383 DRUMMOND RD NIAGARA FALLS $379,000
5077 CENTRE ST NIAGARA FALLS $998,000 EXCLUSIVE LISTING 5345 SLATER AVE & 5302 STAMFORD ST NIAGARA FALLS $699,000 EXCLUSIVE LISTING
Niagara Peninsula
3250 sq ft building with basement and parking. Presently used as a Caribbean restaurant/bar/variety store, many permitted uses. Great high traffic corner location on busy street. Roll up doors to patio, owner could consider including all equipment, chattels and fixtures base on full price. 4913_DJW_3_0016
Consists of 135 seating (3,000 sq ft) restaurant with patio and parking lot, 4-2BR apartments upstairs. Located 1 block from Clifton Hill. Many possibilities including convenience /variety store and diner. Owner retiring, in business since 1951. This is a gold mine. 4913_DJW_2_0017
57 UNIT APARTMENT BUILDINGIN NIAGARA FALLS, IN THE HEART OF THE NEW UNIVERSITY/COLLEGE CAMPUS PROPOSAL, GOOD CONDITION ONLY $87,000. PER UNIT
Motel/Lodge consisting of 12 refurbished rooms with a main house Managers suite with living quarters, all surrounded by an abundance of flowers and greenery. Great return on Investment. Ideal for family run business. Minutes walk to Falls & Casino’s. I also have 4 more Motels/Hotels in the Heart of Tourist District with up to 52 rooms and $3.4 Million. All exclusive to me. 4913_DJW_2_0026
CAN’T SELL YOUR PROPERTY IN NIAGARA, I HAVE INVESTORS wHO wILL BUY ALMOST ANYTHING IF YOU BUY ONE OF THEIR PROPERTIES OF THE SAME VALUE.
Please say you saw it in The Commercial Investor
Volume 13 Issue 13
71
Commercial Real Estate & Business Opportunities
Mortgages
PRIVATE LENDING IS NOT JUST FOR RICH PEOPLE... IT WILL MAKE YOU RICH! For many years, we have been assisting people to make their money really work for them in mortgage lending. Most of the big, RICH, private lenders out there started out as just average people, that took the leap into mortgage lending regardless of what friends and family thoughts were. Many are stricken with fear of losing their money when contemplating this investment vehicle. Before dismissing this investment direction, consider the following points. Private lending can be very financially rewarding. Private lending is certainly not like putting funds into a guaranteed account with a guaranteed rate and a modest return. Yes, there is a bit more involved. The mortgage brokerage you work with is key. The typical brokerage will have a range of mortgage offerings that will include offerings that cater to individuals that are in a dire position. They may be losing their property and/or their mortgage is in arrears, their credit is challenged and they need to consolidate. The banks will not lend under such circumstances as the risk is too high. These are the type of deals I would not lend on, but are the basis of the high yielding returns. Lending criteria has changed so drastically in the past few years. Banks have really tightened up their lending rules, specifically when it comes to income properties. This is when a private lender can come into play and really leverage on this opportunity to make anywhere from 8-20% annual return. These clients generally have clean credit, good income and other assets. This would make for a safer investment. Lending your Self Directed RRSPs: You can utilize your RRSPs in this type of investment. Most folks are seeing very slim returns in their plans, unless you are in the industry of watching markets, you typically will not experience anything positive. The Self Directed route is really not too difficult in terms of process. The broker should handle the entre process from providing you the lender with the complete details of the investment so you can make an informed decision. – Check List: Credit bureau, credit application, appraisal or an evaluation, income and a scenario of why these borrowers are seeking funds. Note: Not all RRSP plan holders will allow for you to self direct your funds into mortgages. Please confirm with your plan holder as to their protocol on mortgage lending. I am aware of plans that do so and have worked with them for several years, some are much less work and make it easier and less costly for you the lender. You can also make equity in your home really work for you as the current rates are insanely low, borrow at a variable rate of 2.102.50% and lend at 9-20%, great profit. This is a great venue for people that are sitting on equity. For example, for a senior that has reduced income, this can bring you additional funds monthly and give you the peace of mind you are looking for. Scenario – Borrow a mortgage for 100K your monthly payment @ 2.25% interest and a 25 year amortization would be $436. Lend 100k at 14% interest at an interest only monthly payment of $1,167. Your profit is a super $731 per month. In addition, you are paying down your mortgage with this borrower’s interest payments. As a bonus, you are also paying down principal of $3,018 in the first year (this will increase over time). So, you can service your debt, pay-down your principal loan and earn extra income to build a retirement nest egg. Not bad. At the end of the typical one year term the funds come back and you can re-invest again. Ok, so that is the positive side of this investment vehicle. What about the risks? What if a borrower does not pay their mortgage? The private lender is typically in second position. It is imperative for you to confirm that the first mortgage is up to date so you can control the sale process. Don’t let this scare you. If you have a good loan to value on the property you will be in a good position to charge back costs plus any associated fees to the sale. The key in managing your risk is to do your proper due diligence on the property and get a realistic valuation from a reputable Appraiser or valuator.
Niagara Peninsula
There is a lot of detail in this, but with proper counsel, the returns are worth this potential risk. Being a private lender has made people very wealthy. Do not let fear cripple your vision of having a great return. Contact carmen@profunds.ca for complete details and start to make your funds work for you – build your wealth. A member of
Carmen@profunds.ca
www.Profunds.ca • invest@profunds.ca
1.888.330.3866
3390 South Service Rd., First Floor, Burlington, ON L7N 3J5 | 905.842.7011 x22 | Fax 905.842.7241 9649286_4913
Please say you saw it in The Commercial Investor
#1 COLDWELL BANKER REPRESENTATIVE
IN THE
NIAGARA REGION ADVANTAGE REAL ESTATE BROKERAGE
Steve Dube Sales Representative
Independently Owned & Operated
www.niagaracommercial.ca 8306541_4913
PAGER:
905-788-3232
196 MAIN ST PORT COLBORNE - SELLER WILL HOLD MORTGAGE
31 RAYMOND ST ST. CATHARINES 4 PLEX
111 STATE ST. WELLAND DUPLEX
ID# 2118, Live and work. Once referred to as “Big Momma’s House”, most stainless steel equipment is only 1 year old. Seller willing to hold financing with a sizable deposit. 3 bathrooms, large loft office space, walk in cooler, liquor license available for 35 on the inside and 65 on the outside patio. 4913_DJW_0066 Asking $189,900.
ID# 2318, St Catharines downtown 4 plex. $40,800 gross income. Front 2 bedroom unit $800, back main floor 2 bedroom $800, upper 3 bedroom $1,100, back upper rear 1 bedroom $700. All rents include utilities. Presently fully rented. Lots of work done over the years. Fire Inspection 4913_DJW_0067 Report done in 2011. Asking $329,900.
ID# 2088, Fully rented, upper is a super spacious and nice one bedroom and main level is 3 bedrooms but changed the 3rd bedroom into a laundry room. All pay their own hydro and gas. Asking $129,900.
132 NORTHGATE DR. NIAGARA COLLEGE STUDENT RENTAL
NIAGARA COUNTERTOPS
36 PROSPERITY AVE - 1 ACRE FENCED - INDUSTRIAL
ID# 2008, 3 bedroom 2 storey semi in North Welland near Niagara College. Finished basement, 1.5 baths, shingles 3 years young, mostly newer vinyl windows, new laminate flooring, large shed, shows well. Presently rented so 24 hour notice is needed. Asking $159,900.
ID #2438. Great money maker, servicing Niagara for over 20 years. 36,340 sq ft of manufacturing space plus separate granite storage building all owned and included along with equipment. 29 employees and very busy. Ower is retiring and willing to train but it could run itself. Asking 4913_DJW_2_0051 $2,500,000.
ID# 2338, 6000 sqft industrial building that once was a thriving business with 1.05 acres of land and the majority of it is fenced in. It was an auto body and mechanics business. 3 bay doors 2-10 ft and 1-12 ft. Waiting room with office space attached and some upper storage. 4913_DJW_0069 Asking $249,900.
787 RUSHHOLME RD WELLAND COUNTRY INDUSTRIAL
285 DIVISION ST WELLAND 5 COMMERCIAL UNITS
VACANT LAND
4913_DJW_0070
4913_DJW_0068
• 337 Entreprise Dr - Industrial 3.38 Acres Hwy Frontage $199,500
ID# 2428, 16 acres, light industrial, 3,000 sqft building presently used as auto repair shop. Fully fenced 3 acres with wrecking yard permit possibly available. Overhead radiant heating, very quick access to Hwy 140, 406 and Netherby Rd. Asking $575,000. 4913_DJW_0071
89 HELLEMS AVE WELLAND TRIPLEX Niagara Peninsula ID# 2028, Legal triplex. 1 bedroom unit main floor owner occupied. Upstairs unit is 2 bdrms plus an office plus an office plus the partially finished 3rd floor loft. Basement is a one bedroom unit. $15,000 weeping tile job recently completed, shows really well. Asking $229,900. 4913_DJW_0065
ID# 1908, 6 commercial unit building with income of $28,080 gross annually. 6 units consist of the following; cabinet maker 2 units $665, 1 bay $350, 1 bay $365, 1 bay $310, 2 bays $650. Asking $126,900
• Ramey Rd - 10 Acres Light Industrial $99,900
4913_DJW_0072
NEED SPACE TO LEASE?
We have lots of offices, industrial indoors, industrial outdoors, commercial, warehousing, restaurant, in and outdoor storage. If you need some sort of space and are willing to pay rent, we have it all from small to large, short and tall. We can customize to suit.
21G
COM
11278058_4913
11266917_4913
22G
COM
11276415_4913
23G COM
9741130_4913