Commercial Investor - 12 Sep., 2015

Sept 12 - Oct 10, 2015, Volume 15 Issue 09

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa!

ORANGEVILLE 31-SUITE APARTMENT BUILDING $2,690,000 Well kept unique 4 storey, brick and stucco apartment building, with elevator. The building was previously a historic church built in 1891. It was completely gutted inside and renovated in 1986.

Features: 11 Bachelor, 17 – 1-bedroom and 3 – 2-bedroom suites; controlled entry; electric baseboard heating; one gas hot-water tank 2014, (owned); all bathrooms equipped with grab bars; new roof in September 2005; new carpet in all corridors October 2005. Excellent downtown location. Seldom a vacancy – currectly no vacancy.

19,000 square feet available on 3 floors plus full basement.

Currently the building is set up as a school, with offices, classrooms, and medical and computer labs. Each floor is 4750 sqft. The building is in great condition with a new roof and operating elevator. Located on the Hamilton Mountain, along the busy Upper James St. corridor just North of the expressway. Lease rate is $13 per sqft. plus TMI or asking $2.69 million to purchase.

Nicholas Kazan, Broker | Nicolas Von Bredow, Broker Royal LePage Macro Realty, Brokerage Independently Owned and Operated

Tel: 905-574-3038

1-888-751-2229

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657 sq. ft. 2nd floor suite ideal for professional or medical offices.

Features include professionally designed interior with quality finishes throughout including kitchenette with granite counter top, private washroom, real hardwood flooring, ample storage and indoor parking for one car.

Details including floor plans, photos and financial details are available at www.kpgillen.com Offered by: K.P. Gillen & Co. Realty Ltd., Brokerage 416-964-9460 email: Zhen@kpgillen.com

COMM_GLOSS_3715.indd 1

WinCorp Realty Inc., Real Estate Brokerage, 45 Keats Crescent, Guelph, ON N1G 3B1 Tel: 519-836-2080 Fax: 519-836-2081 Email: wjmdavies@rogers.com

2115_DJW_0047

NOW $399,000! PRIME OWNER/USER COMMERCIAL OFFICE OPPORTUNITY AT YONGE/SUMMERHILL SUBWAY!

FREE SUBSCRIPTION!

FOR MARKETING BROCHURE CALL: Winston Davies, Broker of Record

3715_DJW_0019

FRESH

OPPORTUNITIES HOT OFF THE GRILL

your franchise opportunity is here!

BELIEVE IN YOUR BRAND! 1-877-272-2952

CALL TODAY

development@obsidiangroupinc.com

FC_3715 (COM)

3 STOREY VACANT BUILDING - FOR SALE PRICE REDUCED TO $2.69M ON BUSY HAMILTON MOUNTAIN

Get The Commercial Investor delivered directly to your door! See inside for details

2015-09-08 12:40 PM

HomeLife Bayview Realty Inc., Brokerage

Office: Cell: Fax: Email

Rita Mollicone, B.A.

Residential, Commercial and Investments Sales Representative

905-889-2200 416-508-2949 905-889-3322 ritamollicone@gmail.com

53 ACRES OAKVILLE • Zoned Residential • Approximately 3 years for services • Excellent location -- close to major routes • $59M SHOPPERS DRUG MART

DOWNTOWN TORONTO

• Downtown Windsor next to Tunnel to U.S. • Leased until August 31, 2021 plus 4 - 5 years options • Solid carefree investment • Net lease $225,000/yr. - $250,000/yr as of Sept 1, 2016 • Your Investment $3.5M 3315_DJW_3_0081

LEASING OPPORTUNITY @ $9.99 SQ. FT.

• Commercial and 3 Residential Apartments • Approximately 5000 sq.ft.

• 2 car garage and finished basement • Area being redeveloped with condos • $1,725,000

10 ACRES OAKVILLE

3715_DJW_0038

GAS STATION IN CLARINGTON • 9,000 sq. ft. 2nd floor of Shoppers Drug Mart building

STAND ALONE BUILDING FOR LEASE

• Separate entrance and elevator • High vehicular and pedestrian traffic & visibility

• Esso and Truck Stop on Hwy

• Parking

• 3.15 acre lot -- 80 km East of Don Valley Parkway

• Downtown Windsor

• $$$ invested to expand Truck Stop -- 40% gas sales is Diesel

• Suitable for many uses

• 3-yr old tanks, canopy and "On-the-Run" store with all new interior • Revenue keeps growing • 1.69M

3315_DJW_0044

3315_DJW_0063

Holly Illman, MBA Twin City Realty Inc. Brokerage

1 Grand River St., Paris ON Office 519-442-0005

• Zoned Commercial • Corner Lot • Residential growth all around the area • $20M

Sales Representative

226-388-4083 holly@pinehavensolutions.com

“Making Real Estate Work For You!”

• 125 acres 44 acres developable.

• Very high traffic area.

• Walking distance to Downtown Paris

• Currently set up as an eat-in/ take-out pizza restaurant

• Area study close to completion

• Sale Price $1,380,000

• Sale Price $10,500,000

• 263-296 unit development

• Lease Price $22.00 per sq ft

3315_DJW_2_0084

3315_DJW_2_0085

70 MILL ST, WOODSTOCK

• Large client base already attending the building for any health-related professionals

E SAL NG DI PEN

• Zoned C4-19. Great location just off Dundas St.

• Lease price $1,500 per month gross plus HST.

3315_DJW_1_0086

L 3 N T F

• Zoning change to multi-residential in process.

• 1/3 acre • Sale Price $100,000

• High traffic area: 2,150 cars per hour coming from West St and 2,100 from King George Rd. 3315_DJW_2_0087

• Brick Duplex. 2 large units • Upper unit $1000 inclusive, lower $750 inclusive.

• Asking $185,000 3315_DJW_0045

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• • • •

D 51 da

61 MURRAY ST, BRANTFORD

• Development Land

• Hosts 2 full family practices, after hours walk-in clinic, and a pharmacy.

M 51 m

• Property surrounded by the Nith River on 3 sides.

• 3747 square foot building

• Approx. 1,500 sq ft below ground space available in a busy medical building.

• • •

RESIDENTIAL DEVELOPMENT IN PARIS, ON

• High visibility! Great commercial location just down the road from Wal-Mart.

122 CHARING CROSS STREET, BRANTFORD

Ti 51 tim

• 3750 sq. ft. with ample parking • Major road in downtown Brantford • Zoning permits many uses • High traffic area with many commercial, restaurants and recreational businesses • Recent interior renovations • $22.00/sq. ft.

Direct:

205 KING GEORGE RD, BRANTFORD

• • • •

2015-09-08 12:40 PM

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SOUTHWESTERN ONTARIO INVESTMENT TEAM

SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities High Profile Building with Broad Zoning London, ON

• • • •

Future Development Land Cambridge, ON

• • • •

Up to 30,896 sq. ft.

High ceilings & large windows Excellent signage potential Asking $2,880,000

Tim Schnurr* 519 286 2018 tim.schnurr@cbre.com

44 Acres Near future East Boundary Road Currently under municipal planning study Asking $3,900,000

Income Generating Retail Plaza London, ON

• • • •

27,644 sq. ft. Retail Plaza London, ON

Morriston, ON

101,321 sq. ft. plaza & free standing building Pad site with room for additional 15,000 sq. ft.

Centre of automotive & furniture retail district Asking $15,600,000

Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com

Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com

High Exposure Commercial Development Land

Retail Plaza Investment Fort Frances, ON

• 6.11 Acres • Immediate access to Hwy 401 E/W • Daily traffic counts in excess of 22,800

• 2.38 acre site at signalized intersection • Located in southwest London on prime artery • Asking $6,250,000

• • • •

Martin Cote* 519 340 2317 martin.cote@cbre.com

Jack Cox** 519 286 2007 jack.cox@cbre.com

Dietmar Sommerfeld** 519 340 2314 dietmar.sommerfeld@cbre.com

Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com

• • • •

20.3 Acres Excellent ‘shovel-ready’ commercial arterial site Zoned Restricted Service Commercial RSC 1-6 Asking $10,150,000

David Yanoshita* 519 286 2020 david.yanoshita@cbre.com

London 380 Wellington Street, Suite 30 N6A 5B5 T 519 673 6444 F 519 673 6948

David Cousins* 519 286 2006 david.cousins@cbre.com

Barry Poley* 519 286 2015 barry.poley@cbre.com

Future Development Land Cambridge, ON

Commercial Development Land London, ON

• • • •

123 Acres Currently zoned agricultural land Within City of Cambridge municipal boundary Asking $4,500,000

Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com

Waterloo Region 101 Frederick Street, Suite 810 N2H 6R2 T 519 744 4900 F 519 571 9315

11284449_3715

Windsor 3200 Deziel Drive, Suite 110 N8W 5K8 T 519 252 4095 F 519 252 7554

7,400 sq. ft. strip plaza Directly across the street from Tim Horton’s Projected Net Income: $94,000 Asking $650,000

Retail-Office-Residential Investment London, ON

• 15,915 sq. ft. on 0.45 acres • Located in west London on prime artery • Reduced Price $2,100,000

Jack Cox** 519 286 2007 jack.cox@cbre.com

* Sales Representative ** Broker

Barry Poley* 519 286 2015 barry.poley@cbre.com

www.cbre.ca

This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services canadamapping@cbre.com; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth

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COMMERCIAL OPPORTUNITIES COMMERCIAL OPPORTUNITIES COMMERCIAL COMMERCIAL OPPORTUNITIES OPPORTUNITIES

(519)438-5588 438-5588 (519) (519) 438-5588

COMMERCIAL OPPORTUNITIES

(519) 438-5588

FOR SALE FOR SALE FOR SALE FOR SALE CARLING HEIGHTS

FOR LEASE FOR SALE FOR SALE FOR SALE REDEVELOPMENT OPPORTUNITY

LOCATION! LOCATION! 1528 HighburyLOCATION! Avenue North - London, ON LOCATION! LOCATION! LOCATION! 1892 Dundas Street - London, ON LOCATION! LOCATION! LOCATION! Landlord is willing to BUILD-TO-SUIT to a maximum of

Extension #230

FOR SALE

Jameson Lake

Sales Representative

1

INVESTMENT OPPORTUNITY INVESTMENT OPPORTUNITY 1064 Hargrieve Road - London, ON INVESTMENT OPPORTUNITY

1064 Hargrieve Road - London, ON 1064 SiteHargrieve Area - approximately acres ON Road - 2.04 London, FOR SALE Site Area - approximately 2.04feet acres Approximately 31,976 square available Site Area - approximately 2.04 acres Approximately 31,976 square feet available Multi-tenant property Approximately 31,976 square feet available Multi-tenant property Zoned LI 2 and LI 7 - Ligh Industrial Multi-tenant property Zoned LI 2 and LI 7 - Ligh Industrial Zoned LI 2 and LI 7 - Ligh Industrial Tyler Desjardine Sales Representative Tyler Desjardine Extension #232 Sales Representative Tyler Desjardine Sales Representative Extension #232 Extension #232

$2,900,000.00 $2,900,000.00 $2,900,000.00

FOR LEASE FOR FOR LEASE LEASE

$3,500,000.00 $3,500,000.00 $3,500,000.00

Property is being offered as 5 separate Kenn Poorethat will not be sold separately parcels

Contact Agent

Extension #244 Consisting of an 8-plex with self storage fa-

cility, commmercial plaza with fully equipped 5 NEIGHBOURING laundry mat, side split PROPERTIES duplex and 2-family

COMMERCIAL SPACE COMMERCIAL 533 Exmouth StreetSPACE - Sarnia, ON COMMERCIAL SPACE

Exmouthand Street - Sarnia, ONnext to Service Canada 533Established well-located building 533 Exmouth Street - Sarnia, ON Total Space and Available 8,094 square Established well-located buildingfeet next to Service Canada 3 Established well-located building next to Service Canada 1 Main Floor - and Asking $12.95 per sq.ft.feet Net Total Space Available 8,0942 square Mezzanine Total Space Available 8,094 square feet $4.00 per Main Floor - Asking $12.95 persq.ft. sq.ft.Gross Net + Utilities 5 4 Main Floor Asking $12.95 per sq.ft.

Net Lower Level- -Asking Asking$4.00 $4.00per persq.ft. sq.ft.Gross Gross++Utilities Utilities Mezzanine Mezzanine $4.00 per sq.ft. ++Utilities Plaza access and exposure Lower offers Level- easy -Asking Asking $4.00 perexcellent sq.ft.Gross Gross Utilities Level easy - Asking $4.00 perexcellent sq.ft. Gross + Utilities Lower Plaza offers access and exposure Kenn Poore Plaza offers easy access and excellent exposure Broker Kenn Poore Extension #224 Broker Kenn Poore Broker Extension #224 Extension #224

contact agent contact agent agent contact 5

FOR LEASE FOR LEASE LEASE Multi-unit Commercial AllFOR ajoiningResidential propertiesand - tenanted with a

vacancy allowance Property is being offered as 5 separate UNIQUE LOCATION parcels that will notSideroad be sold separately UNIQUE LOCATION 2155-B Crumlin - London, ON

David JongerdenLOCATION UNIQUE Sales 2155-B Representtive Crumlin Sideroad - London, ON by Located right London Airport and surrounded Consisting ofbeside an 8-plex with self storage fa2155-B Crumlin Sideroad - London, ON Extension #242

thriving Industry.

ThisLondon open space with parkingby could be Located right beside Airport andample surrounded cility, commmercial plaza with fully equipped Located right beside London Airport and surrounded by

justN.the place side for This your growing business.

The general thriving Industry. open space with 2-family ample parking Induscould be laundry mat, split duplex and Philip Cassis Industry. with ample parking couldto:be Brokerthriving trial the zoning could suit aopen widespace variety of uses not limited just place for This your growing business.

Thebitgeneral Indus-

residential homes

$995,000.00

Extension #231 just the place for your business.

Thebitgeneral IndusPrivate Clubs, Automotive and service establishments. trial zoning could suit agrowing wide variety of uses not limited to: Alltrial ajoining properties - tenanted zoning could suit a wide variety ofwith usesabit not limited to:

Private Clubs, Automotive and service establishments. vacancy allowance Private Clubs, Automotive and service establishments.

Jameson Lake Sales Representative Jameson Lake David Jongerden Extension #240 Sales Representative Sales Jameson Representtive Lake Sales Representative Extension Extension #242 #240 Extension #240

$1,650 / Month $1,650 $1,650 // Month Month

Philip N. Cassis Broker

$995,000.00

Extension #231

FOR SALE

FOR SALE

INVESTMENT OPPORTUNITY

INDUSTRIAL / WAREHOUSE 16-24 Laing Boulevard - St. Thomas, ON

Multi-tenant propertyLAND DEVELOPMENT FOR SALE DEVELOPMENT Zoned LI 2- and 7 LAND - Ligh Industrial 5 Manor Road St. LIThomas, DEVELOPMENT LANDON

Sales Representative

St. residential Thomas, ON homes

1064 Hargrieve Road - London, ON

FOR SALE Site Area - approximately 2.04 acres FOR SALE FOR SALE Approximately 31,976 square feet available

Agent Jongerden David Contact listing agentContact for further Financial information

David Jongerden UpExtension to 350,000 square #242feet Sales Representative David Jongerden PROPERTIES 5 NEIGHBOURING Near busy U.S. border Sales Representative Extension #242 crossing Extension #242 cranes St.High ceiling /ON overhead Thomas, Attractive lease rates Multi-unit Residential and Commercial Broker

3

2

4 FOR SALE

100% two (2) long term corporate lease Zoned ASA 3, with 6, 8(3) tenantsLeased

tenants FREE STANDING BUILDING Kenn Poore Contact listing agent for further Financial information Zoned ASA 3, 6, 8(3) ASA 3, 6, 8(3) 21 Ube Drive Sarnia, ONfor further Financial information Zoned Contact agent Extension #244- listing Broker

$219,900.00

Extension #240

PROPERTY RETAIL INVESTMENT PROPERTY 1380 Fanshawe Pk. Rd. - London, ON

INVESTMENT PROPERTY UpRETAIL to 350,000 square feet Fanshawe Pk. Rd. -Building London, ON 1380 20,700 Free Standing Near busy U.S.sq.ft. border crossing 1380 Fanshawe Pk. Rd. - London, ON 2 Acre/ Site ceiling 20,700 sq.ft. Freecranes Standing Building High overhead 20,700 sq.ft. Free Standing Building Leased 2100% Acre Site Attractive lease rates with two (2) long term corporate lease

FOR LEASE 2100% AcreLeased Site with two (2) long term corporate lease tenants

renovated and comes equipped with all appliances, including separate laundry and kitchens. Don’t miss this spectacular investment or owner occupy opportunity.

$20.00 psf Net

FOR SALE FOR FOR SALE SALE

RETAIL INVESTMENT 21 Ube Drive - Sarnia, ON

$635,000.00 $635,000.00 $635,000.00

Zoned RSC 1, 3, 4 and HST 2, 3 Daily Traffic Count of 24,500 vehicle per day Sales Representative

FOR SALE

FOR SALEBUILDING FREE STANDING

MODERN 2 LEVEL CHURCH 62 Sterling Street - London, ON

$579,000.00 $579,000.00 $579,000.00

Andrew Johnson

FOR LEASE FOR SALE

MODERN 2 LEVEL CHURCH 1880 Drive - London, ON 1 bath 3-bdrm,Phillbrook 3 bath home plus approx.

830 sq.ft. 2-bdrm, MODERN 2 LEVEL CHURCH 1880 Phillbrook London, guest house in CarlingDrive Heights,-just footsteps ON from major bus North-central London 1880 Phillbrook Drive - London, ON routes, shopping and area schools. Each home has been London North-central Near Adelaide & Fanshawe and comes equipped with all appliances, including North-central London renovated FOR SALE separate Near Adelaide & Fanshawe 1.83 acres corner location and kitchens.

Don’t miss this spectacular Nearlaundry Adelaide & Fanshawe 1.83 acres location or owner occupy opportunity. investment Parking for corner 60 vehicles CARLING 1.83 acres corner location Lake Jameson Parking forHEIGHTS 60 vehicles Sales Representative Parking for 60 vehicles 62 Sterling#240 Street - London,$219,900.00 ON Extension Gary Pollock Broker 3-bdrm, 3 bath home plus approx.

830 sq.ft. 2-bdrm, 1 bath Gary Pollock Extension #222 Broker Gary Pollock guest house in Carling Heights, just footsteps from major bus Broker Extension #222 routes, shopping and area schools. Each home has been Extension #222

Dundas Street - London, ON 1892 Space Available 6,000 square feet - London, ON 1892 Dundas Street 2,350 sfAvailable -Area Main- 0.43 Floor: finished office in basement is in Space Site Acres Space Available addtion the Main 2,350 sfto- Main Floor: FOR Zoned RSC 1, 3,Floor 4finished andsquare HSToffice 2,footage 3 in basement is in LEASE 2,350 sf Main Floor: finished office in basement is in addtion Parking available forFloor 28 vehicles to the Main square footage Daily Traffic Count ofplus 24,500 vehicle per day addtion to the Main Floor square footage Highly visible building located near the intersection of Parking available for 28 plus vehicles Parking available for 28 plus vehicles Clarke Road and Dundas Street Highly visible building located near the intersection of Andrew Johnson REDEVELOPMENT OPPORTUNITY Sales Representative Highly visible building located near the intersection of Clarke Road and Dundas Street 1528 Highbury Avenue North - London, $20.00 psfONNet Extension #230 Brent Rudell Clarke Road and Dundas Street Broker of Record Brent Rudell

Landlord is willing to BUILD-TO-SUIT to a maximum of Extension #236 Broker Record BrentofRudell Broker of6,000 Record square feet Extension #236 Extension #236 Site Area - 0.43 Acres

EXCLUSIVE E EX XC CL LU US S II V VE E

FOR SALE FOR SALE SALE FOR

Approximately 3 acres

INCOME INVESTMENT Blue Heron Drive - London, ON

FOR SALE FOR SALE SALE FOR

3.1 acre lot with 38,000 sq.ft. building

Building Size is 32,000 square feet 5 Grade doors, 2 dock doors plus 2 exterior docks

INDUSTRIAL / WAREHOUSE FOR SALE / WAREHOUSE INDUSTRIAL

16-24 Laing Bloulevard - St. Thomas, ON INDUSTRIAL / WAREHOUSE Ext #231 Philip N. Cassis, Broker

Road - St. Thomas, ON 16-24 Laing Bloulevard - St. Thomas, ON 5 Manor Prime residential development land in the midst of 16-24 Approximately 3 acres of land 5 Manor Road - St. Thomas, ON Laing Bloulevard - St. Thomas, ON Andrew Johnson Tyler Desjardine INDUSTRIAL / WAREHOUSE INVESTMENT OPPORTUNITY and commercial development residential Prime residential development land in the midst of Sales Sales Representative Representative Approximately acres of land 32,000 square 33feet Building residential Prime residential land in theON midst of Neighboroured ondevelopment all sides by- $2,900,000.00 existing $950,000.00 and commercial development 1064 Hargrieve Road London,

Approximately acres of land Extension #230 16-24 Laing Boulevard - St. Thomas, ON Extension #232 commercial development successullyand developed residential land 32,000 feet Building residential Neighboroured on all sides by existing 5 Gradesquare Doors Approximately 3 acres 32,000 square feet Building Andrew Johnson Neighboroured all sides by 2.04 existing Acres Site Area -onapproximately acresDavid Jongerden 18.84 available successully developed residential land Sales Representative

5 Grade Doors Sales Representative Building 25 Grade DockSize Doors successully developed residential land David Andrew Johnson

is 32,000 square feet 14.88 Zoned R3-42 Jongerden Barnicke London Windsor Sarnia Ltd., DTZ 18.84 Acres available Doors Approximately 31,976 square feet available Extension #230 Extension #242 Sales Representative Andrew Johnson Sales Representative David Jongerden 18.84 Acres 5 Grade 22 Dock Doors 3.96 Acres 14.88 Acres- available -Zoned ZonedR5-35 R3-42 Exterior Docks Sales Representative

doors, 2 dock doors plus 2 exterior docks Sales Representative Extension #230 Acres Multi-tenant property 2 Dock Doors Extension #242 Estate Brokerage, Independently Owned & Operated Real 14.88 Zoned R3-42 3.96 Acres - Zoned R5-35 Extension #230 Philip Cassis 2 Exterior Docks Extension #242 Philip Cassis Broker Zoned- Zoned LI 2 andR5-35 LI 7 - Ligh Industrial Broker 3.96 Acres 2 Exterior Docks Philip Cassis Philip Cassis Extension #231 Extension #231 Broker Ext #231 Philip N. Cassis, Broker Philip Cassis Broker Philip Cassis Broker Broker Extension #231 Extension #231 Andrew Johnson Tyler Desjardine Extension #231 Sales Representative Sales Representative Extension #231

25,000 sq.ft. leased long term

/ WAREHOUSE PrimeINDUSTRIAL Northwest London location

FOR SALE

INDUSTRIAL / WAREHOUSE 17ofAnderson Avenue - St. Thomas, ON 8 CAP existing income INDUSTRIAL / WAREHOUSE

17 Anderson Avenue - St. Thomas, ON

Space Available - 5,560 -square feet Anderson Avenue St. Thomas, ON David 17 Jongerden

INCOME INVESTMENT square feet

Sales Representative 4,903 sq.ft.

- Industrial Space Available - 5,560

$2,400,000.00

Space Available - 5,560ON square feet Extension #242 657 sq.ft.

-- Office Blue Heron Drive 4,903 sq.ft.

-London, Industrial

4,903 sq.ft.- Office - Industrial 657 sq.ft.

Site Area approx. acres 3.1 acre lot with 38,000 sq.ft.0.456 building 657 sq.ft.

- Office

Site Area approx.

0.456 acres 25,000 leased long term sq.ft.

Warehouse radiant heating Site Area approx. 0.456 acres Warehouse - radiant heating Prime Northwest London location Warehouse - radiant heating

Andrew Johnson Andrew Johnson

www.dtzlondon.com

$2,600,000.00 $950,000.00 $2,600,000.00 $950,000.00 $2,600,000.00 $950,000.00 $2,900,000.00 Extension #230 Extension #232London DTZ Barnicke Windsor Sarnia Ltd., DTZ London Windsor Sarnia Ltd., Independently Owned & Operated Real Barnicke Estate Brokerage, DTZ Barnicke London Windsor Sarnia Ltd., DTZ Barnicke London Independently Windsor Sarnia Ltd., Owned & Operated Real Estate Brokerage, Independently Owned & Operated Real Estate Brokerage, Real Estate Brokerage, Independently Owned & Operated

8 CAP of existing income

$260,000.00 David $260,000.00 Jongerden $260,000.00

Sales Representative

Extension #230 Sales Representative Andrew Johnson Sales Representative Extension #230

Extension #230 Philip Cassis Philip Cassis

Broker

Extension #231 Broker Philip Cassis Broker Extension #231 Extension #231

www.dtzlondon.com www.dtzlondon.com www.dtzlondon.com www.dtzlondon.com

$950,000.00

Sales Representative

Extension #242

$2,400,000.00

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GRAND VALLEY 4-

AR LE NE EVIL G AN

6P

LE

OR

• Asking $2,390,000 • Asking $99,583 per Suite • Nicely landscaped with Private Driveway & Large Common Parking Lot • Some Units Have Upgraded Flooring, Kitchen Cabinets & Washrooms • Electric Heating System with Tenants Paying Their Own Hydro • Good Size Units with Private Balconies

HAMILTON XE

S

• 6 x One Bedrooms 16 x Two Bedrooms • Grand Valley is About a 10 Minute Drive West of Orangeville • 6.5% CAP Rate • 14.5% R.O.I. • Existing First Mortgage to be Assumed Due December 2022 Bearing Interest at 3.37% per annum

E SID UP TURN N O

• Asking $1,795,000 • Asking $85,476 per Suite • Approx. 85% of all Units Have Updated Electrical & Plumbing • Most Kitchens & Bath rooms Updated • Professionally Managed & Landscaped • Tenants Pay Their Own Hydro • Brick Balconies

24 SUITES

• Asking $1,275,000 • Asking $182,143 per Suite • Attractive Townhomes in Area of Newly Developed Homes • Brick Construction which Includes Decorative Corner Brick & Concrete Foundations • Each Townhome with Full Basement, A/C, Furnace & Hot Water Tank

10 x One Bedrooms 8 x Two Bedrooms • Lots of Useable Vacant Space in the Lower Level • 5.7% CAP Rate • 25.1% R.O.I • Treat Financing as Clear

IL 19 T IN 95

• Asking $1,695,000

• 3 x Two Bedrooms

• Parking Lot at Rear of

• Rare Opportunity in

• Spacious Units

Buildings • 5.1% CAP Rate • 15.4% R.O.I. • Treat Financing as Clear • Please Speak with Listing Agent About Mortgage Options

• Short Walk to Subway &

Davisville Village • Owned by Same Family For More Than 25 Years • Most Amenities Within Walking Distance

Yonge St. • Very Well Maintained • Double Garage Parking Plus Double Surface Spaces

• Owner Will Deliver Vacant • Excellent for Family Use Possession

or Investment

• Legal Basement Apartment • Treat Financing as Clear

3 SUITES

11 x One Bedrooms 13 x Two Bedrooms 1 x Comm (Total 3 Units) • 6.7% CAP Rate • 24.6% R.O.I. • Ex. 1st CMHC Blanket Mortgage for Approx.$1,040,349 @ 4.35% P&I to be Assumed

by Buyer

AURORA

• 7 x Three Bedrooms

• Currently Fully Rented

• 1 x Bachelor

28 SUITES

Y & E ONG GL E INT ON

IME PR TION CA O L

A 6.7 SKIN % CA G AT PR AT E

• Asking $2,499,000 • Asking $89,250 per Suite • Buildings are Located in the Downtown Core Less Than 1km Apart • Buildings May Require Additional TLC • Ample Parking at Both Properties • Potential to Add Two Additional Units • Potential to Convert to Individual Hydro Meters

TORONTO BU

7 Condo Townhomes

m m m

• 3 x Bachelors

NT ME S RT PA DING A 2 UIL B

21 SUITES

GRIMSBY O ND CO TUS A ST

ORILLIA UP DA UN TED ITS

T EN LL CE ION EX CAT LO

LA LO RGE TS IZE

• Asking $2,150,000 • Asking $238,889 per Suite • Located in Downtown Aurora • Property Fronts Onto Yonge St.

• 1 x One Bedrooms 5 x Two Bedrooms 3 x Commercial Units • Large Apartments • 4.9% CAP Rate • 15.8% R.O.I. • Treat as Clear • Seller Will Hold VTB Sec

Installed Approx. 5 Years Ago • Tenants Pay Their Own Buyer Hydro • Contact Dani Pizzoferrato • Potential Upside on Rents for More Details

9 SUITES

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SOUTHWESTERN ONTARIO INVESTMENT TEAM

RECENTLY SOLD PROPERTIES Residential Development Land 869 Brant-Waterloo Rd, Ayr, ON

Multi-tenanted Industrial Property 25 & 35 Lingard Rd, Cambridge, ON

• 23,842 sq. ft.

• Sale Price: $2,835,000 • Close Date: July 24, 2015

Martin Cote* 519 340 2317 martin.cote@cbre.com

Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com

London 380 Wellington Street, Suite 30 N6A 5B5 T 519 673 6444

Waterloo Region 101 Frederick Street, Suite 810 N2H 6R2 T 519 744 4900

LD SO

LD SO

LD SO

• 69.50 Acres • Sale Price: $7,000,000 • Close Date: February 9, 2015 Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com

Residential Development Site Summerside Subdivision, London, ON

• 224 Acres • Sale Price: $19,000,000 • Close Date: August, 2015 Chris Kotseff* 519 340 2321 chris.kotseff@cbre.com

Windsor 3200 Deziel Drive, Suite 110 N8W 5K8 T 519 252 4095

David Yanoshita* 519 286 2020 david.yanoshita@cbre.com

v 11277220_3715

* Sales Representative ** Broker

www.cbre.ca

This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services canadamapping@cbre.com; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth

247 CENTENNIAL PARKWAY N., HAMILTON

QEW & CENTENNIAL PARKWAY 45 GODERICH

OFFICE SPACE

COMMERCIAL/RETAIL/ OFFICE SPACE

OFFICE SPACE

Close to The Court House, City Hall and McMaster, Available Immediately Downtown office space from 107 sq. ft - 1548 sq. ft.

From $200/month + HST

For Lease - 4150 sq. ft. - from $7.50 per sq. ft.

Close to QEW, Red Hill Parkway & major bus routes.

Available Immediately 4223 sq. ft.

From $5300/month Plenty of parking and signage.

Easy access to QEW

8 MAIN ST. E., HAMILTON

1715_DJW_2_0029

1715_DJW_1_0028

1715_DJW_1_7007

905-777-0252 ext 304 E-mail:

info@desantis.com

www.desantis.com

8148088_3715

Tony DeSantis

6G

COM

COMM_GLOSS_3715.indd 6

2015-09-08 12:40 PM

• 3,200 sq. ft. auto garage • 84 ft frontage on 0.22 acre • 3 bays plus ample parking • MR-6 Zoning close to Uptown Waterloo • Land & Building only • Call Ryan Briggs

• HD sprinkler system for Class IV commodities • 50 Harwill Road • Call Paul Goulet

49 CONESTOGA COLLEGE BLVD, KITCHENER

$3.975M

RESIDENTIAL LOTS, INNERKIP

3715_DJW_2_0034

• 5 acres of C-6 zoned land across from Conestoga College • Zoning allows many commercial, retail, restaurant, office and accomadation uses • Highway exposure • Located within seconds of Highway 401 • Call Duncan McLean

87 WEBSTER ST, NEW HAMBURG

$995,000

3715_DJW_2_0015

• 30 Unit condominium building with 1 level of underground parking.

• Call Ryan Briggs

• 3 overhead doors • 0.357 acre vacant light industrial land included • Or Lease for $6.50/sf+CAM • Call Duncan McLean

• Warehouse, storage & office space • Potential for multi-tenant • Easy access to Highway 7/8 • Ample drive-up parking

8372 SIDEROAD 30, FERGUS

$649,900

3715_DJW_1_0156

$6.00/SF

3715_DJW_1_0076

38 MCBRINE DR, KITCHENER

• Charming Century Home situated on 2.73 acres of land 5 minutes South of the Town of Fergus and 10 Minutes from Guelph.

• Includes a 1 Bedroom accessory apartment, 3,000sf detached workshop, all individually metered.

• MLS. Call Ryan Briggs

• Approx. 5 on-site parking spaces • CAM $4.63/sf • Call Ryan Briggs

1165 FRANKLIN ST, CAMBRIDGE

$11.95/SF

• 4,800 or 3,000 sq ft professional office space • High profile building with drive-up parking • Close to transit & Highway 401 • CAM $5.27 s/f • Call Chris McFarlane

300 SHEPHERD AVE, CAMBRIDGE

519.578.0337

$349,900

CELL:

• Century Home currently converted to office • Prime location in Downtown Kitchener • Double garage plus an

additional 10 parking spaces in the rear • Finished basement with separate access • Call Ryan Briggs

$12.95/SF

55 DELHI ST, GUELPH

• 1910 Georgian Revival architecture, originally the nurses residence • Located directly beside Guelph General Hospital

• On bus route • 12,000 s.f. + basement • 25 spaces parking • Call Ryan Briggs

FREDERICK MALL, KITCHENER • Retail units and Pad Site available • On Bus Route and Highway 7/85 • Great neighbourhood mall with 22,718 AADT (2013) Join Valumart, CIBC, Dollarama and many more • Call Duncan McLean

$12.00/SF

Freestanding building with drive through Plenty of onsite parking C-2 zoning allows many retail and office uses CAM $4.80/sq ft.

Great location close to Highway 401 Call Chris McFarlane

KITCHENER, ONTARIO

26 KING ST E, KITCHENER 3715_DJW_0029

• 1,500 sq. ft. available immediately • Fully air-conditioned office • Natural light through large windows

$849,900

3715_DJW_1_0053

• Four properties on 0.58 of an acre.

• Zoned MR-6. Architectural concept drawings for a 6 storey

181 FREDERICK ST, KITCHENER

#104-460 FREDERICK ST, KITCHENER

$15.00/SF

• 680 sf of bright, clean professional office space • Located at the interchange to Highway 85/7 • Plenty of parking including drive up • Zoning allows for many office, health, personal uses • CAM $9.80/sf • Call Duncan McLean

• Vacant Land for redevelopment • High visibility in Kitchener's Downtown core • Zoning allows numerous commercial uses • Public transit at door • Call Duncan McLean

RYAN BRIGGS

DUNCAN MCLEAN

CHRIS McFARLANE

PAUL GOULET

Sales Representative

Sales Representative

Sales Representative

Sales Representative

519.498.5775

Ryan@cmarealty.ca

CELL:

519.590.7997

Duncan@cmarealty.ca

CELL:

519.588.6683

Chris@cmarealty.ca

CELL:

11280798_3715

$1.8M

3715_DJW_1_6666

146-154 ERB ST W, WATERLOO

$1.45M

• 5 single detached plus 27 townhome lots • Services on street • 5 minutes to Toyota & Woodstock • 5 minutes from Hwy 2 & 401 interchange • Call Ryan Briggs

3715_DJW_1_0032

• 0.96 acre Pad Site close to Highway 6 • $16/sf + $8.50/sf CAM for existing building • Potential for redevelopment • Zoned SC-1, ideal for restaurant or bank • Call Duncan McLean or Ryan Briggs

$11.95/SF

• 1,114 sq ft unit with Drive-In door • Great exposure close to Walmart, Home Depot, Canadian Tire, etc.

• $11.95/sf rent plus CAM $6.95/sf • Call Ryan Briggs or Duncan McLean

3715_DJW_0028

FOR LEASE

3715_DJW_1_0057

735 WOOLWICH ST, GUELPH

• • • • • •

51 WOODLAWN RD W, GUELPH

3715_DJW_2_0029

3715_DJW_2_0009

• 88,000 square feet • 20 foot clear height • 40 x 40 column bays • 8 insulated dock leveller doors

v

$995,000

159 ERB ST W, WATERLOO

3715_DJW_2_0058

$4M

INDUSTRIAL, ST THOMAS

519.878.0223

p.goulet@bellnet.ca 7G

COM

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SOUTHWESTERN ONTARIO INVESTMENT TEAM

SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities Multi-Residential Development Land Waterloo, ON

Retail Development Site Waterloo, ON

• 4.46 Acres • Potential for 393-500 units, 12 storeys • Asking $5,500,000 ($1,233,184/acre)

• St. Jacobs Farmer’s Market district • 9 acres rough graded existing SWM pond • Adjacent to St. Jacobs outlet mall

Martin Cote* 519 340 2317 martin.cote@cbre.com

Martin Cote* 519 340 2317 martin.cote@cbre.com

Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com

David Yanoshita* 519 286 2020 david.yanoshita@cbre.com

David Cousins* 519 286 2006 david.cousins@cbre.com

Harbour Lights Marina Bayfield, ON

• • • •

21.80 Acres 247 Slips in total Annual income of $226,800 Asking $5,600,000

Tim Schnurr* 519 286 2018 tim.schnurr@cbre.com

London 380 Wellington Street, Suite 30 N6A 5B5 T 519 673 6444 F 519 673 6948

Kitchener, ON

• 8,000 sq. ft. building on busy Victoria Street • Prime retail artery • Asking $1,595,000

Todd Cooney* 519 340 2315 todd.cooney@cbre.com

• • • •

Fully leased industrial facility Strong tenant on long term lease High exposure site with excess land Asking $4,345,000

Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com

Vacant Land - Tecumseh Road East Windsor, ON

• • • •

± 3.80 Acres located on Tecumseh Road East Zoning permits wide spectrum of uses Daily traffic count over 20,600 vehicles Asking $1,499,000

Brook Handysides* 519 946 3030 brook.handysides@cbre.com

Waterloo Region 101 Frederick Street, Suite 810 N2H 6R2 T 519 744 4900 F 519 571 9315

Windsor 3200 Deziel Drive, Suite 110 N8W 5K8 T 519 252 4095 F 519 252 7554

Michael Black* 519 340 2313 michael.black@cbre.com

State-Of-The-Art Facility Chatham, ON

Hamilton, ON

London, ON

26.4 Acres total; will demise into smaller sites Zoned CSA5 (3) Community Shopping Area $525,000/acre for Wharncliffe Rd. frontage $375,000/acre for interior parcels

User/Investor Opportunity

Sale Leaseback Opportunity

Commercial Development Land

• • • •

Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com

11276500_3715

• • • •

Oil Change & Car Wash totaling 4,908 sq. ft. ± 1.8 Acres, future development possibilities Well constructed facility in like-new condition Reduced Price $2,790,000 $2,450,000

Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com

Retail Development Land Simcoe, ON

• 10.5 Acres • Zoning: Shopping Centre Commercial (CSC) • Asking $3,300,000 ($314,525/acre)

Martin Cote* 519 340 2317 martin.cote@cbre.com

* Sales Representative ** Broker

Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com

www.cbre.ca

This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services canadamapping@cbre.com; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth

8G

COM

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11300531_3715

a

n”) he ket hts

COMM_GLOSS_3715.indd 9

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11299473_3715

ROSS GLIGIC PRESIDENT, BROKER OF RECORD

905.825.2378 | Broker@BestRealEstateInc.com

10 UNITS - 2 BUILDINGS - MIXED USED Two adjoining solid brick buildings in the heart of Stratford. 15,000+ SF, 4 levels. 6 newly renovated residential units + 4 updated commercial/retail units. Extensive renovations. Updated utilities & mechanicals. Fully leased.

AAA tenants. Great investment.

Tenants pay all utilities. 8% CAP Rate. Exclusive listing, Principals only please. Rarelly available for sale on this landmark picturesque block.

$2,150,000

PRIME DOWNTOWN LOCATION 3315_DJW_0025

VEN O R P H T I W ONS I T A C O L E M TS P E PRI C N O C E FRANCHIS

S E I T I N U T R O OPP .

W O N E L B A L I AVA 8302229_3715

DAY. UP INC. TO O R G N m IA BSID ngroupinc.co ia id s b CONTACT O o t@ n me 952 develop 1-877-272-2

10G COM

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Volume 15 Issue 09

1

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

INDEX Kitchener, Waterloo & Guelph

READ BY over 100,000 Business Readers! distributed in over 1,700 locations!

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Please say you saw it in The Commercial Investor

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Maxvi

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Commercial Real Estate & Business Opportunities

Volume 15 Issue 09

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Special Features 08 BUSINESS BAROMETER — Business confidence continues slide in August 14 IN THE NEWS — Laurier names School of Business & Economics after visionary technology entrepreneur Mike LazarIdis

p. 26

26 IN THE NEWS — Bank of Canada maintains overnight rate target at 1/2 per cent 36 TREB REPORT — GTA Realtors report commercial market figures 40 BUSINESS SAVVY – Driven to locate near rapid transit – Colliers Report

p. 42

42 INVESTOR ADVICE — What renters really want – Five things condo investors should look for 46 BUSINESS SAVVY — Four reasons for commercial real estate optimism 50 BUSINESS SAVVY — In ever-changing Canadian retail landscape, retailers up service game to stand out 52 IN THE NEWS — Majority of Canadian investors ride out recent stock market volatility: CIBC poll GLOSSY SECTION EDITORIAL 12G LEGALLY SPEAKING — Tenant Default...

What can a commercial landlord do?

By Jayson Schwarz LL.M

p. 38 Please say you saw it in The Commercial Investor

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Volume 15 Issue 09

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Commercial Real Estate & Business Opportunities

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4

Commercial Real Estate & Business Opportunities

Volume 15 Issue 09

KITCHENER, WATERLOO & GUELPH

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

KITCHENER, WATERLOO & GUELPH SECTION COVERING: Cambridge Durham Elora

Fergus Guelph Kitchener Waterloo

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contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

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Volume 15 Issue 09

5 Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

www.teammilovick.com

519-745-7000

BROKERAGE INDEPENDENTLY OWNED AND OPERATED

Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9

fax: 519-489-1333

www.TeamMilovick.com

Mike Milovick B.B.A., CCIM, Broker

Invest in Ontario’s Number 1 Town Today!

mike@teammilovick.com

11298911_3715

Grand Valley Realty

Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 60 MARSHALL STREET, WATERLOO

345 SPRUCE STREET, WATERLOO

• $117,000 Annual Gross Income • 4 Plex Apartment Building • 20 students • Fully rented • MLS®

• 6 Plex apartment building • $186,000 Gross Annual Income • 5% cap rate • 30 students • Purpose built in 2011 • MLS®

2,480,000

$

310 KING STREET NORTH, WATERLOO

32 HICKORY STREET WEST, WATERLOO

• $72,000+ Gross Income • Licensed Triplex • 13 Rental bedrooms • Two Units Purpose Built • MR-25 Zoning • Mostly re-rented for September • MLS®

899,900

$

$

3715_DJW_1_0094

675,000

465 HAZEL STREET, WATERLOO

516,000

• $56,000+ Potential Gross Income • 10 Students • Side-by-Side Semis • C9-6 Zoning • Uptown Waterloo • Oversized Lot • MLS®

665,000

$

3715_DJW_1_0096

3715_DJW_1_0005

40 CARDILL CRESCENT, WATERLOO • $42,000 + Potential Gross Income • 5+3 bedroom • Fully leased • $13,000+ Cash Flow after Debt Service • MLS®

499,900

• Spacious bedrooms, two car garage for landlord or tenant storage.

• MLS® 3715_DJW_3_0004

• Newer furnace, flooring, paint, shed • MLS®

489,900

$

3715_DJW_0031

3715_DJW_0010

158 ERB STREET WEST, WATERLOO

• 5+1 Bedroom Property • Rental Licensed, City Approved • MR4 Zoning • Close to two future LRT stations • MLS®

• $42,900 Gross Scheduled Income • Five+Three Bedroom, Rental Licensed • Fully Rented for September, 2015 • Easy Walk to WLU/ UW • MLS® $

399,900

$ 3715_DJW_1_0054

17-12 BRIDGEPORT ROAD EAST,

3715_DJW_1_0099

135 LONGWOOD CRESCENT, WATERLOO

399,900

$

• $37,800 Gross Annual Income • Update: roof, windows, door • 3+3 Rental bedrooms+Den • Registered Accessory Apartment • MLS®

317,900 • 100% Student Complex • 5 Bedroom Rental 3715_DJW_1_0101 License

249,900

$

3715_DJW_0030

239,900 2-451 ALBERT, WATERLOO $

107-85 DUKE STREET

$

• $32,000+ Scheduled Gross!

• Spacious Unit • Authentic Loft

• $61,200 Gross Annual Income • $12,000+ Annual Cash Flow with Just 20% Down • Rental Licensed, Ten Bedroom (5+5) Duplex • Steps to Wilfrid Laurier University • MLS®

$

• $42,000+ Gross Annual Income • 4+4 Bedroom, Two Unit Building

130 ERB STREET WEST, WATERLOO

422,300

3715_DJW_0007

84-86 REGINA STREET NORTH, WATERLOO

67 CARDILL CRESCENT, WATERLOO

$

• $48,000+ Annual Gross Income Available!

• 9 student city-approved, rental licensed property

1,450,000

$ 3715_DJW_0006

• Desirable City Centre Condo Opportunity • Nearly $17,000 projected annual Income • Specific, Off Market Investor Incentive Package • Walk Score of 96 Walker's Paradise • Exclusive 3715_DJW_0008

• $18,700 projected annual income • Turn Key - 5 bedroom rental license • 100 percent rental complex • Close to UW, Direct bus to WLU • MLS®

239,900

$

3715_DJW_0009

Please say you saw it in The Commercial Investor

3:47 PM

COM_3715.indd 5

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6

Volume 15 Issue 09

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

COLDWELL BANKER COMMERCIAL

COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211 Phone: 519‐743‐5211

www.coldwellbankerpbr.com/commercial www.coldwellbankerpbr.com/commercial

.

OFFICE/RETAIL FOR LEASE

OFFICE/RETAIL FOR LEASE

1,485 SF- 2,056 SF · $16.00/SF · MLS: 1432155/163/162 · Waterloo ·Located at the 1,337 SF 1,375 SF · $16.00/SF entrance1432155, to the new Carriage MLS: 1432163Crossing · upscale Waterloo community.

Zoning allows to for the manynew usesCarriage includLocated at the entrance ing retail,upscale business, medical office and allows more. for Crossing community.

Zoning Only 3 units Cap unitretail, w/finished patio! many usesleft! End including business,

OFFICE/RETAIL medical officeJohn and Hoffman*/Gary more. FOR Only LEASE 2Boudreau* units left!

/

www.coldwellbankerpbr.com/commercial

John Hoffman*/Gary Boudreau*

1,049 SF $19.95/SF· MLS: 1447244· Kitchener 1,485 SF-·2,056 SF · $16.00/SF · MLS: 4,015 SF · $14.00/SF · unit MLS: 1522436 Last unit! Drive-up·retail/office located in 1432155/163/162 Waterloo ·Located atHespeler the Cambridge · High traffic location on newly developed community, minutes from Hwy entrance to the new Carriage Crossing upscale Rd.w/excellent tenant support including Winners, # 401 and Conestoga College.

Lester community.

Zoning allows for many uses Tobin* includ-

Value Village, Pet Value, Sleep Country and ing retail, business, medical officeLester and more. many Tobin* 1,153more.

SF - 3,853 SF · $24.00 - $30.00/SF Only 3 units left! End Cap unit w/finished patio!

MLS: 1437 13/614/608/599/602/595/607/605

736 SF· $75.00/SF Net· Waterloo John Hoffman*/Gary Boudreau* Kitchener · New space atMLS:1534274· Sportsworld Crossing.

Indoor mall style levels.traffic High draw. pedestrian Join existing retailon& two restaurant 1,049traffic SF · $19.95/SF· MLS: and location.

Good1447244· Kitchener tenant support.

Lester Tobin*/ Gary Boudreau* Last unit! Drive-up retail/office unitLester locatedTobin* in 2,598 SF · $11.00/SF Net · MLS: 1511580

newly developed community, minutes from Hwy 915 SF· $12.00/SF Net·44,914 MLS:1534412· Kitchener · High traffic; Vehicles Stratford daily. # 401 and Conestoga College. Lester Tobin* Last Located near downtown core and New M 3 unit!

Zoning.

John Hoffman*/ Gary Boudreau* University. Great exposure. Ample on-site drive1,153 SF - 3,853 SF · $24.00 - $30.00/SF up parking.

4,900 SF· $14.50 SF· $1,450,000Lester Tobin* MLS: 1437 13/614/608/599/602/595/607/605 MLS:1437522· Kitchener · Crossing.

Kitchener · New1517403 space at ·Sportsworld

4,900 SF· $14.50 SF· $1,450,000· MLS:1437522 Fullyexisting renovated, open webbed ceiling.

Newly Join retail & restaurant traffic draw. renovated, interesting building.

23 parking Lester Tobin*/ Gary Boudreau* 1517403 · very Kitchener · Fully renovated, open spaces onsite. $5! John Hoffman* webbed ceiling.CAM’s Very only interesting building.

23 2,598 SF · $11.00/SF Net · MLS: 1511580 parking spaces onsite. CAM’s only $5!

Kitchener traffic;·44,914 Vehicles daily.

5,200 SF ·· High $12.00/SF MLS:1441235 John Hoffman* M 3 Zoning.· Fully Johnfinished Hoffman*/ Gary Boudreau* Cambridge office/retail space w/

high exposure. from hwy# 401. 1527151 On-site 1,882 SF · Minutes $13.75/SF· MLS: 4,900 SF· SF· parking.

Space be$1,450,000 divided. Lester Tobin* Waterloo · $14.50 2nd can floor professional office.

High MLS:1437522· 1517403 · Kitchener · traffic/visibility intersection. Additional space Fully renovated, open webbed ceiling. Newly 736 SF $75.00/SF · MLS: 1444506 · Waterloo could be ·available.

Colin Vogel* renovated, very interesting building. 23 parking Last Unit!

Indoor mall style units John on twoHoffman* levels in spaces onsite.

CAM’s only $5!

874 SF ·$1,622/Mo· MLS 1514546· Portw/Elgin the heart of Waterloo’s University District High traffic retail location.

Located across direct access to landlord’s student residentialfrom 5,200 SF · $12.00/SF · MLS:1441235 Tim Horton’s2,000). at High signalized intersection. tenants (over pedestrian trafficw/ Cambridge · Fully finished office/retail &space James Boudreau**/Gary Boudreau* location.

Lester Tobin* high exposure. Minutes from hwy# 401. On-site

parking.SF Space be divided. MLS: Lester1521428 Tobin* 2,550 · can $12.00/SF· 915 SF · $12.00/SF · MLS: 1514008· Stratford Cambridge· Retail store front unit with high expoLast unit! Located near downtown core and new 736 SF and · $75.00/SF 1444506 · Waterlooin sure high · MLS: traffic.

Located University. Great exposure. Ample on-site drivedowntown Lester Tobin* Last Unit! Preston.

Indoor mall style units on two levels in up parking.

Lester Tobin* the heart of Waterloo’s University District w/

1,488 · $24-$26/SF · MLS: 1525direct SF-3,545 access to SF landlord’s student residential 874 SF · $1,300/Mth· MLS 1514546 ·Sportsworld Port Elgin 114/115/104 · Kitchener · tenants (over 2,000).

High pedestrian & traffic High traffic retail location. destination Located across from Crossing is a landmark located location.

Lester Tobin*to Tim Horton’s signalizedRegion intersection. serve all of atWaterloo and beyond.

James Boudreau**/Gary Boudreau* Gary Lester Tobin* 915 SF · $12.00/SF · Boudreau*/ MLS: 1514008· Stratford Last unit! Located near downtown core and new

3,092 SF · $6.00/SF· MLS 1521429 * Sales Representa�ve University.

Great exposure. Ample on-site driveCambridge · Great location on main artery (hwy up parking.

Lester Tobin* ** Broker #8) minutes south of Hwy#401.

Lester Tobin* 874 SF · $1,300/Mth· MLS 1514546 · Port Elgin

4,200 SF ·retail $10.50/SF · MLS: 1418072 High traffic location. Net Located across from Waterloo · Busy location, close to U of W, W.L.U Tim Horton’s at signalized intersection. & Conestoga Pkwy.Boudreau**/Gary I-6 Zoning. Gary Boudreau* James

* Sales Representa�ve * Sales Representa�ve ** Broker ** Broker 8331512_3715

COM_3715.indd 6

e: commercial@coldwellbankerpbr.com e: commercial@coldwellbankerpbr.com

920 SF $1,999/ Mth·MLS:1337773 OFFICE/RETAIL SALE COLDWELL BANKER COMMERCIAL 920 SFDivisible· Divisible· $1,999/ Mth·MLS:1337773 4,900 SF· 1,450,000 · MLSFOR 1517403 · Kitchener Waterloo floor office in well Waterloo · ·Impressive, Impressive,2nd 2nd floor office in well Exceptional property. Freestanding, Renovated, INDISTRIAL WAREHOUSE PETER BENNINGER REALTY, BROKERAGE

known new HV/AC installed, very interesting building.

OR REDEVELOPMENT SITE known building. building. Abundance Abundanceofof natural naturallight. light. 24/7 RETAIL FOR SALE LEASE SF · 0.12 Acres · $979,000 24/7 electronic reader board. parking 23 parking spaces onsite.

John Hoffman* electronic reader board.

FreeFree parking withwith many 1,586 508 RIVERBEND DRIVE, KITCHENER, ON. many amenities nearby. accessible, Hwy amenities nearby.

VeryVery accessible, Hwy 85 & MLS:1421708, 1421709 · Kitchener · Unique Phone: 519‐743‐5211 85 & iXpress seconds Colin iXpress seconds away.away.

ColinVogel* Vogel* High Profile Location. Corner Lot. Located beside Great Re-development 13,735farmers SF market. · $4.95/SF · MLS# 1524256 1,058 SF· $1,000/Mth· MLS:1444266 ·Kitchener site.

Lester Tobin* 21,775 SF · $5.50/SF · MLS:1518080· Kitchener Cambridge · Freestanding Industrial/Warehouse Great space for professional, medical or office.

Ample parking on King. & /or warehouse Gary Boudreau* Excellent manufacturing facility. 4,900 SF· 1,450,000 1517403· Kitchener facility.

Centrally · MLS located w/access off 2 920 SF Divisible· $1,999/ Mth·MLS:1337773 OFFICE/RETAIL FOR SALE Good power, loading and parking. R.Blake Hull* Exceptional property.

Freestanding, Renovated, streets.10,400 SF Warehouse, 3,335 SF Office.

Waterloo · Impressive, 2nd floor office in well new HV/AC installed, very interestingLester building.

2,786 SF · $32.00/SF Net · MLS:1444530 Tobin* known building.

Abundance of natural· Kitchener light.

23 parking spaces onsite.

John RETAIL OR REDEVELOPMENT SITEHoffman* 1,100 SF $5.50/SF · MLS 1521635 Waterloo ·· High profile location in Waterloo’s 1,586 SF · 0.12 Acres · $979,000 24/7 reader board. location.

Free parking with High electronic Traffic - High exposure On-site 6,287 SF · $5.75/SF· Kitchener OFFICE BUILDING FOR· MLS:1531928· SALE/LEASE University district. Two level retail unit with 1421709 Kitchener · Unique many amenities Very accessible, parking availablenearby. for Tenant.

LesterHwy Tobin* MLS:1421708, RareProfile to 2 drive Corner thru bays, with pit.

12,184 SFfind! · Location. $2,095,000 ORtruck $5.50/SF ·one Waterloo on-site parking situated at base of a student High Lot. Located 85 & iXpress seconds away.

Colin Vogel* Tool1521512 rom attached. yard space avail. apartment building.

Lester Tobin* beside MLS ·market.

WellAbundant suited office building, high at farmers Great Re-development 1,058 2,237 SF· SF ·$1,000/Mth· $14.00/SF·MLS:1444266 MLS: 1521035·Kitchener · Waterloo site. extra cost.

John Hoffman* Lester Tobin* Great for professional, medicalleading or office.

Privatespace entrance w/winding stairway to quality finishes throughout, existing furnishings 1,500 10,759 SF · $26.00/SF Net are included.

James Boudreau** Ample parking on King.

Gary Boudreau* 4,900 SF· 1,450,000 · MLS 1517403· Kitchener 9,360 SF· $6.50/SF · MLS:1431568· Kitchener professional 2nd floor office. Well appointed MLS: 1512116 · Kitchener · New retail plaza on Exceptional property. Freestanding, Renovated, reception area.

Colin Vogel* 16 Dock doors, 21’ clear span shop. Great for

corner of Fischer Hallman and Seabrook Dr. INDUSTRIAL/WAREHOUSE FOR new installed, very interesting building.

2,786 SF · $32.00/SF Net · MLS:1444530 highHV/AC volume trucking business. Large land for High-exposure high traffic. Ample on-site parking spaces onsite.

John Hoffman* SALE/LEASE 1,315 SF-7,336 SF · $20/SF Net ·Waterloo’s MLS: 1531- 23 Waterloo · High profile location in truck and trailer avail. @ extra expense.

7,699 sf drive-up parking.

Lester Tobin* 534/536/537/539 Kitchener · New retail FOR SALE/LEASE University district. ·Two level retail unit withplaza OFFICE shop & BUILDING 1,661 SF office.

John Hoffman* 10,688 SF · $6.75/SF· EXCLUSIVE · Waterloo on Huron with high· MLS traffic and on-site parking situated at base of aexposure. student 21,775 SFRd. · $5.50/SF 1518080· Kitchener 12,184 SF · $2,095,000 OR $5.50/SF · Waterloo Great Location. Exposure to King St. N. Across Ample on-site drive-up parking.

Lester Tobin* apartment building.

Lester Tobin* MLS 1521512 · Well suited office building, high Excellent manufacturing and/or warehouse from Conestoga Mall.

John Hoffman* quality finishes throughout, existing facility. Good power, loading and parking FOR furnishings SALE 1,774 SF · $9/SF · MLS: 1531511· Kitchener 3,931 SFINVESTMENT · $3.00/SF · MLS:1414196 · Kitchener 1,500 - 10,759 SF · $26.00/SF Net James Boudreau** R. Blake Hull* are included.

Bi- level space, retail or tech. Full A/C Abundant Dry storage or distribution at a low cost. Extra MLS: 1512116 · Kitchener · New retail plaza on 1,100 SF · $5.50/SF· MLS 1521635 · Kitchener yard space available.

John Hoffman* parking.of Fischer A very economical opportunity.

INDUSTRIAL/WAREHOUSE cornerTraffic Hallman and Seabrook Dr. FOR High - High- exposure location.

On-site Hoffman* R E T AI L / R E S I D E N T I AL I N V E S T M E N T High-exposure high traffic. AmpleJohn on-site SALE/LEASE SF · $5.50/SF · MLS: 1511731 parking available for tenant Lester Tobin* 2,306 $995,000 · MLS:1521430 7,712 ·SF· drive-up parking.

Lester Tobin* Kitchener Very central location, Finished

/

e: commercial@coldwellbankerpbr.com

530 SF · $18.00/SF · MLS:1531262 · Kitchener Cambridge·

Investment

or

Owner/User

office w/ 2 w/r’s. Large Garage door, 17’ clear

Turn-key hair/nail salon. High traffic location. 10,688 SF · $6.75/SF· EXCLUSIVE · Waterloo property.

Main Floor: 5,642 SF (2 units) 2,100 1517955 ·Kitchener Waterloo 21,775SF SF· ·$10.35/SF $5.50/SF · MLS 1518080· ceilingLocation. in shop. Exposure to King John Hoffman* St.Lester N. Across Ample on-site drive-up parking. until Lester Tobin* Great Upper floor: 3 Apartments.

Tobin* Industrial/Retail space. Sub-lease Aug. Excellent manufacturing and/or warehouse from Conestoga Mall.

John Hoffman* 2016. term lease available. facility.

Good power, loading and parking· Waterloo 9,360 SF· $6.50/SF· MLS:1431568 · Kitchener 10,300Long SF ·$10.25/SF · MLS:1534976 R E TSF AI L· $3.00/SF INVEST M E N T O P P·OKitchener RT U N I T Y 3,931 · MLS:1414196 Boudreau* R. Blake Hull* 4 16 Dock doors, 21’ clear span shop. Great for Very well James finishedBoudreau**/Gary tech space. Work stations, 20,700 $3,200,000 · cost.

MLS:1524441 Dry storage or distribution at a low Extra high volumeSF· trucking business.

Large land for 1,100 SF · $5.50/SF· MLS 1521635 · Kitchener meeting rooms, some private offices, lab space, yard space available.

Johnexposure Hoffman* truck and trailer avail.rented @ extraplaza, expense.

7,699 to Kitchener · Fully High - High SF· exposure location.

1,100 SF · $16.00 MLS 12 · Kitchener largeTraffic lunch room.

JohnOn-site Hoffman* sfexpswy, shop & 1,661 SFinclude office. ShortJohn Stop,Hoffman* Wings Up, SF ·tenants $5.50/SF · MLS: 1511731 parking available forexposure tenant location.

Lester Tobin* 2,306 High Traffic - High On-site Blend Hair Studio to name a few.

Call for details.

Kitchener · Very central location, Finished parking available for tenant .

Lester Tobin* 2,400 SF · $5.50/SF · MLS:1431886Lester Tobin* office w/ 2 w/r’s. Large Garage door, 17’ clear 2,100 SF · $10.35/SF · MLS 1517955 · Waterloo Kitchener Excellent space in 5 unit industrial . ceiling in shop.

John Hoffman* OFFICE RETAIL FOR SALE Suitable manufacturing or 30,699 SF·for small $2,950,000 · MLS:1524536 2,237 SF · $14.00/SF· 1521035 Waterloo bldg.

Industrial/Retail space.MLS: Sub-lease until· Aug. service commercial business.

Easy ·access to Opportunity to own a Kitchener · Great 9,360 SF· $6.50/SF· MLS:1431568 Kitchener 2016. term lease available.

PrivateLong entrance with winding stairway leading Guelph, & Cambridge.

R. .Blake Hull* Great Dock K-W doors, 21’ industrial clear spanmall shop centrally located within theforUrban James Boudreau* 16 to professional 2ndBoudreau**/Gary floor office. Well appointed R E T AI L O R R E D E V E L O P M E N T S I T E high volume trucking business. Large land for of Kitchener.

John reception area.

Colin Vogel* Growth area PROPERTY FORexpense.

SALE & Hoffman* LEASE truck and trailer avail. @ extra 7,699 1,586 SF · 0.12 Acres · $925,000 INDUSTRIAL · 2,400 SF Mezzanine · 3.09 Acres 28,000 SF 1,100 SF · $16.00 SF· MLS 12 · Kitchener shop &SF· 1,661 SF office.

John Hoffman* MLS:1421708, 1421709 · Kitchener · Unique sf 10,700 $695,000 $1,895,000·$4.50/SF Net· MLS:1522283· MLS: 1434971, Kitchener 2,050 SF· $16.00/SF · MLS:1424242 · Brantford High Traffic - High exposure location.

On-site High Profile Location.

Corner Lot. Located 1511326 multi Tenanted bldg.

GoodM3opportunity · Cambridge · Zoned – dynamic for End capavailable retail unit.forDrive-up parking tenant . parking.

Lester Tobin* 2,400 SF · $5.50/SF · MLS:1431886 beside farmers market.

Great owner/user.

Well located in Central Kitchener. uses.

Heavy power.

Was a federal food grade HWY exposure.

Lester Tobin* Kitchener Excellent space in 5 unit industrial .

Re-development site.

Lester Tobin* facility.

John Hoffman* John Hoffman* bldg.

Suitable for small manufacturing or 2,237 SF · $14.00/SF· MLS: 1521035 · Waterloo 4,200 SF · $10.50/SF Net · MLS: 1418072 service Easy access toE N T C AMSF· Pcommercial G R$810,000 O U N D &business.

AC E R1437535· AG E IN VWaterloo ESTM · MLS: O F F I Centrance E B U IL Dwith IN Gwinding FOR L E AS E leading & S AL E 5,040 Private stairway K-Wunder & Cambridge.

R. Blake Hull* Waterloo · Busy location, close to U of W, W.L.U Guelph, 9 Acres · 9,000 SF (est.) · $2,700,000 .60 Ac. Site utilized w/ existing 5040 sf 12,184 SF· Divisible 2,095,000 · $12.95/SF to professional 2nd floor· office.

Well appointed bldg.

Many uses with I-6Elgin Zoning including 100% & Conestoga Pkwy.I-6 Zoning. Garylocated Boudreau* MLS# 1531008 · Port · Established, quality MLS: 1521512 office INDUSTRIAL reception area. · Waterloo · Well Colin Vogel* PROPERTY FORJohn SALEHoffman* & LEASE office. campground, Excellent stable income, 9 Acres building. Quality finishes throughout. Existing 28,000 SF Mezzanine · 3.09 Acres SF · 2,400 undeveloped. furnishings are included.

James Boudreau** 2,050 SF· $16.00/SF · MLS:1424242 · Brantford $1,895,000·$4.50/SF Net MLS: 1434971, James Boudreau**/Gary Boudreau* · Zoned M3 – dynamic 1511326 · Cambridge End cap retail unit. Drive-up parking.

C O Mexposure.

M E R C I AL / R E S I D E N T Lester I AL MTobin* IX uses. Heavy power. Was a federal food grade HWY L AN D & B U I L D I N G S - I N V E SJohn T M E NHoffman* T OFFICE 1,572 SF· $399,000· MLS: 1531391·Waterloo facility.

12,853 SF · $2,500,000 · Kitchener · EXCLUSIVE Potential main floor commercial and 2nd floor 4,200 SF · $10.50/SF Net · MLS: 1418072 Multi-tenant office building. Centrally located. residential· Busy in Uptown Waterloo. new 5,040 SF· $810,000 · MLS: 1437535· Waterloo Waterloo location, close to U ofMany W, W.L.U .60 Ac. Site utilized w/ existing Zoning & under property suitable for 5040 manysf uses. upgrades.

Lester Tobin* including 100% &Conestoga Pkwy.I-6 Zoning. Gary Boudreau* bldg. Many uses with I-6 Zoning James Boudreau** office.

John Hoffman*

/

Please say you saw it in The Commercial Investor

2015-09-11 3:37 PM

Volume 15 Issue 09

7

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

COLDWELL BANKER COMMERCIAL COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211 Phone: 519‐743‐5211

www.coldwellbankerpbr.com/commercial www.coldwellbankerpbr.com/commercial

LAND BUILDINGS INVESTMENT FORFOR SALE SALE AND 3,687 SF · $775,000 · Exclusive · St Jacobs Why pay rent? Excellent opportunity for 1,560 SF · $269,000 · MLS:1425046 Owner/User.

Redevelopment potential.

Cambridge · Downtown Preston property.

Main James Boudreau**/ Gary Boudreau*

e: commercial@coldwellbankerpbr.com e: commercial@coldwellbankerpbr.com

COLDWELL BANKER COMMERCIAL Approx.217 · $4,340,000 · EXCLUSIVE 1.03 Acres Acres · $1,995,000 · MLS: 1517392 808 SF· $125,000 · MLS: 1517668 Region · Currently Being Farmed.

Belgium style poutine 1Waterloo Acre development land. Wide range of uses Waterloo· MULTI -FAMILY FORrestaurant SALE in PETER BENNINGER REALTY, BROKERAGE

Call for info pkg! permitted.

James Boudreau* prime location on King at University. All new Peter Benninger**/Colin Vogel* equipment. Business can be purchased with 508 RIVERBEND DRIVE, KITCHENER, ON.

Lester Tobin* 1.8 Acres · $589,900 · MLS: 1524216 or without franchise.

37.5 Acres · $3,000,000 · MLS: 1244781 Phone: 519‐743‐5211 floor retail, 2nd floor office or residential. On-site Kitchener 36 Units · $5,500,0000 · MLS:1511369 · Industrial zoned land permitting Port Elgin · Incredible investment. At the parking.

Lester Tobin* many commercial and 800 office uses.from Lotnew can be Kitchener · Brand New! 100% Leased, 100% gateway to Port Elgin. meters www.coldwellbankerpbr.com/commercial severed.

Lester Tobin* IncomeMULTI guarantee& bldg warranty.

Generously Walmart plaza a few min. walk e: commercial@coldwellbankerpbr.com to one of the FAMILY FOR SALE LAND FOR SALE most beautiful sandy beaches in Ontario!

RETAIL PLAZA W.CONVENIENCE STORE sized units w/premium finishes, stainless steel Approx.217 Acres · $4,340,000 · EXCLUSIVE 808 SF · $125,000 · MLS: 1517668

INVESTMENT FOR SALE JamesEXCLUSIVE Boudreau** appliances, in suite laundry, Separate hydro & 3,408 SF · 0.25 Acres · $1,550,000 10.87 Acres $3,600,000· Waterloo Region· · Currently Being Farmed.

Waterloo· Belgium style poutine restaurant in meters. Located steps away from shopping MLS #1511142 · Waterloo · Two unit retail plaza Brantford · High traffic, high visibility.

Part FORMER SCHOOL/RE-DEVELOPMENT SITEof gas 37.5 Acres · $1,700,000 · MLS: 1244781 36 Units · $5,500,0000 · MLS:1511369 Call for info pkg! prime location on King at University. All new expwy On major transit route.

Eric Reiner* with Lester Tobin* being studied by the city. &equipment.

19,589 SF · 3corridor Ac.· $1,800,000 · MLS: 1,560business.

SF · $269,000 · MLS:1425046 Business can be purchased with Peter Benninger**/Colin Vogel* Port Elgin · Incredible investment.

At the intensification Kitchener · Brand New! 100% Leased, 100% storey building or Peter Benninger** without franchise.

Lester Tobin* Cambridge Downtown property.

Income guarantee & building warranty. gateway to ·Port Elgin. Preston 800 meters fromMain new 1444282 Woodstock · Single 37.5 Acres · $3,000,000 · MLS: 1244781 containing 8 classrooms, gymnasium and Generously units w/ premium finishes, 36 Units ·sized $14,750,0000 · MLS:1528208 floor retail, 2nd afloor residential.

Walmart plaza fewoffice min.orwalk to oneOn-site of the Port Elgin · Incredible investment.

At the

playground with commercial zoning.

FOR SALE stainless ·steel appliances, in suitepurpose laundry,built Waterloo Recently constructed, most beautifulLAND sandy beaches in Ontario! parking.

Lester Tobin* gateway to Port Elgin. 800 meters from new Residential re-development is obtainable.

Separate hydro & gas meters.

Located steps investment property.

100% Occupied, 6.1% CAP James Boudreau** Walmart plaza a few min. walk SALE to Lester one of the BUSINESS FOR MULTI FAMILY FOR SALE Tobin* away from shopping expressway.

Rate! Located steps and away from U of W ans most beautiful sandy beaches in Ontario!

RETAIL PLAZA W.CONVENIENCE STORE Located on major transit route.

4,200Acres SF Bldg.· 0.60 Acres ·· $2,300,000 8.28 · $1,558,000 MLS: 1522201 James Boudreau** Wilfrid Laurier University.

Eric Reiner* 3,408 SF · 0.25 Acres · $1,550,000 LAND FOR LEASE IN KITCHENER Eric Reiner* MLS: 1444528 · Cambridge · High profile Cambridge · Fantastic location to build up to 2.8 Acres · $4,000/month · MLS: 1514567 MLS #1511142 · Waterloo · Two unit retail plaza FORMER SITE 36 Units · $5,500,0000 · MLS:1511369 SFSCHOOL/RE-DEVELOPMENT · $99,000 · MLS: 1521787 re-development located Many directlyuses across 64,207 sq. ft. in 2site buildings. within 2,000 Fully fenced one gate, graveled and Units · Brand · $4,999,0000 MLS:1527081 with Lester Tobin* 19,589 · with 3 Ac.· $1,800,000 frombusiness.

Cambridge Memorial Hospital.

185 of Elmira Kitchener New! 100% ·Leased, 100% · SF Excellent opportunity to· MLS: own an up & 13 M3 zoning including residential.

In ftpark compacted. Bleams Road coming through in the Waterloo 7% & building Cap Real Rate. Estate Recently · Commercial Forguarantee 1444282 Woodstock · Single storey building frontage. Current use is a 4,200 sf restaurant. coming warranty. café and catering business dream Income 2015!

Johnwith Hoffman* setting.

John Hoffman* Spring of containing classrooms, andchef. constructed w/ 67 parking spaces.

Lester Tobin* kitchen income property Close proximity Generously sizedinunits w/ premium finishes, to for 8even the mostgymnasium experienced Solutions Canada's Technology

playground with commercial zoning.

LAND FOR SALE stainless appliances, suite laundry, UofW andsteel Wilfrid Laurierin University.

100% 1.03 Acres · $1,995,000 · MLS: 1517392 Lester Tobin*/ James Boudreau** 2.0 Ac.· $500,000 · MLS:1337641 · Kitchener Triangle, any oneand of steps our Residential re-development is obtainable.

Separate hydro contact & gas meters.

Located Leased Separate meters for gas hydro. of uses Corner Trillium and Huron w/excellent 2.0 Ac.· of$500,000 · MLS:1337641 · Kitchener 1 Acre development land. Wide range Lester Tobin* awaysales from shopping and expressway. permitted.

James Boudreau* SF· $99,000 ·MLS:1517668· Waterloo Eric representatives, orReiner call * accessoftoTrillium Hwy 7/8& and Hwy 401. Manyaccess uses to 808 Corner Huron w/excellent Located on major transit route.

4,200 SF Bldg.·Colin 0.60 Acres · $2,300,000 Belgium style poutine restaurant in prime permitted.

Vogel*/Peter Benninger** 519-743-5211.

Hwy & Hwy· Cambridge 401. Many · uses permitted. LAND FOR LEASE IN KITCHENER Eric Reiner* MLS:7/8 1444528 High profile location on· $4,000/month King at University. new equip2.8 · MLS: All 1514567 Colin Benninger** Acres re-development site Vogel*/Peter located directly across BUSINESS FOR SALE ment.

Business can be purchased with or withFully fenced with one gate, graveled and HIGH-DENSITY DEVELOPMENT! from CambridgeMIXED-USE Memorial Hospital.

185 ft of out franchise.Bleams Road comingLester compacted. throughTobin* in the HIGH-DENSITY MIXED-USE DEVELOPMENT! SALES REPRESENTATIVES: 5.09 Ac. ·Current $4,250,000 · EXCLUSIVE For Commercial Commercial Real Estate frontage. use is a 4,200 sf restaurant.

For Real Estate Spring of 2015!

John Hoffman* 5.09 Ac.·$4,250,000 · MLS:1527092· Cambridge Cambridge · 5 min walk to Cambridge Centre w/ 67 parking spaces.

Lester Tobin* 1,489 Solutions in Technology 2,000SF SF· ·$225,000 $149,000· ·MLS:1527315 MLS: 1434965 · Waterloo Solutions in Canada's Canada's Technology Gary Boudreau * · ext.

3029 Mall.profile, 3 min drive to use hwy parcel 401 Directly across High mixed on high traffic Elmira · Excellent opportunity to own an up & Triangle, contact any one of our 1.03forAcres $1,995,000bar · MLS: 1517392 Fit life ·sandwich located on busiest 2.0 $500,000 · MLS:1337641 fromAc.· natural area. · Kitchener Triangle, contact any one of our Rd. conservation Peter Benninger**/Colin Vogel* 1coming Hespeler café and catering business w/ Acre development land.

Wide range of dream uses sales or3020 call James representatives, Boudreau ** · ext. corner in Waterloo’s University District.

New Corner of Trillium and Huron w/excellent Peter Benninger**/Colin Vogel* permitted.

James Boudreau* kitchen for even the most experienced chef. sales representatives, or call 519-743-5211.

Location - High traffic.

Lester Tobin* access to Hwy 7/8 and Hwy 401. Many uses Selby Colson * · ext.

3100 Gpermitted.

R E AT R EColin - D E VVogel*/Peter E L O P M E N Benninger** T SITE Lester Tobin*/ James Boudreau** 519-743-5211.

25,182 · $2,420,000 ·SITE MLS:1417598 MECHANIC SHOP AND LOT GREAT SF RE-DEVELOPMENT Mike Flynn * · ext. 3037 SALES REPRESENTATIVES:

BUSINESS FOR SALE 5,887 SF · $349,900 · MLS:1447072 Brockville · Some medical onsite.

Walking 1,440 SF · $559,000 · MLS: 1535223 · Kitchener 25,182 SF · $2,420,000 · MLS:1417598 HIGH-DENSITY MIXED-USE DEVELOPMENT! John Hoffman * · ext. ext. 3029 3040 Gary Boudreau * · Cambridge · Established full service distance Hospital.

Some leases Established mechanic business on quarter acre Brockville · Some medical onsite. new Walking SALES REPRESENTATIVES: 5.09 Ac. ·from $4,250,000 · EXCLUSIVE restaurant with liquor license and patio. pending.

John Hoffman*/Gary Boudreau* site.

Ideal for used car sales.

R. Blake Hull* distance from Hospital.

Some new leases Bill Halpenny * ** ext. 3020 3120 Cambridge · 5 min walk to Cambridge Centre Located on Grand River. Upscale dining with James Boudreau ·· ext.

2,000 SF · $149,000 · MLS: 1434965 pending.

JohntoHoffman*/Gary Boudreau* Gary Boudreau * · ext. 3029 Mall. 3 min drive hwy 401 Directly across California cuisine.

Elmira · Excellent opportunity to own an up & R. Blake Hull * · ext.

3032 6,700 SF · $499,000 · EXCLUSIVE · Waterloo 66.58 Acres conservation · $2,200,000 from natural area.· EXCLUSIVE Selby Colson * ·· ext.

3100 Lester Tobin*/ James Boudreau** coming café and catering business w/ dream James Boudreau ** ext. 3020 Cambridge· Under to change OP Well established restaurant with high sales and Peterconsideration Benninger**/Colin Vogel* Eric Reiner * · ext. 2099 kitchen for even the most experienced chef.

HIGH DENSITY MIXED USE DEVELOPMENT high New upgrades. Ample on-site Mike * * ·· ext. designation industrial. · EXCLUSIVE Peter Benninger** 1,156traffic.

SelbyFlynn Colson ext. 3037 3100 ·Lester $274,900 · MLS: 1511182 3.25 Acresto· $5,850,000 Tobin*/ James Boudreau** Lester Tobin * · ext. 3023 drive-upSF parking.

Lester Tobin* Waterloo · Profitable business with growth Kitchener · Frontage on 2 major streets at the John Hoffman * · ext.

3040 GREAT RE-DEVELOPMENT SITE Mike Flynn * · ext.

3037 HIGH DENSITY MIXED USE DEVELOPMENT Colin Vogel * · ext. 3110 potential. fixtures and equipment included.

5,887 SF $349,900 · MLS:1447072 gateway to ·downtown Kitchener.

Excellent 25,182 SF $2,420,000 · MLS:1417598 4,437 SF·All · $399,000 · MLS:1531898 3.25 Acres· $5,850,000 · EXCLUSIVE·Kitchener John Hoffman* * ext. 3040 James Boudreau**/Gary Boudreau* access to Hwy 401medical via Hwyonsite.

8 Directly on Cambridge · Established full service Bill Halpenny ··· ext.

Brockville · Some Harmony Voisin * ext. 3120 3117 · Established since 1996 with many Frontage onlight 2 major streets at theWalking gateway to Waterloo proposed rail transit route. restaurant with liquor license and patio. distance from Hospital.

Some new leases Bill Halpenny * · ext.

3120 locations throughout Ontario.

Family style downtown Kitchener.

Excellent access to Hwy Peter Benninger**/Colin Vogel* R. Blake Hull * · ext.

3032 1,426 SF· $99,900 · MLS: 1511046 Located on Grand River.

Upscale dining with pending.

Hoffman*/Gary Boudreau* liquor license seating for 148 401 via Hwy John 8 Directly on proposed light rail restaurant BROKER OF RECORD : Californiawith Waterloo ·cuisine.

Gourmet Pizza &and Pasta restaurant.

R. Blake Hull * · ext. 3032 on patio.

Lester Tobin* transit Benninger**/Colin Eric Reiner * · ext. 2099 66.58 route.

Acres · Peter $2,200,000 · EXCLUSIVE Vogel* plus Lester Tobin*/ James Boudreau** High25sales with huge potential.

Located in the Eric Reiner * · ext.3000 2099 Cambridge· Under consideration to change OP city’s fastest growing area. High exposure on Peter Benninger** · ext.

HIGH DENSITY MIXED USE DEVELOPMENT Lester Tobin * · ext. 3023 designation industrial.

Peter Benninger** 1,800 Approx.217 · $4,340,000 · EXCLUSIVE 1,156roundabout.

SF ·· $274,900 1511182 busy Lester Tobin* 3.25 Acres Acres ·to$5,850,000 · EXCLUSIVE SF $275,000· MLS: · Exclusive · Waterloo Lester Tobin * · ext. 3023 Waterloo Region · Currently Beingstreets Farmed.

Waterloo · Profitable business with full growth Kitchener · Frontage on 2 major at Call the Well established & highly respected service Colin Vogel * · ext. 3110 Colin Vogel * · ext. 3110 potential. All dining fixtures and equipment included. gateway Kitchener. Excellent for info pkg!to downtown Peter Benninger**/Colin Vogel* fine/casual restaurant located in * Sales Representa�ve James Boudreau**/Gary Boudreau* access to Hwy 401 via Hwy 8 Directly on Harmony ** ·· ext.

3117 Waterloo’s uptown.

Lester Tobin* HarmonyVoisin Voisin ext.

3117 ** Broker light Lproposed AN D F O R rail L Etransit AS E route.

IN KITCHENER Benninger**/Colin Vogel* 1,154 1,426SF· SF·$140,000 $99,900 · MLS: MLS: 1535044 1511046· St Jacobs 2.8 Acres · Peter $4,000/month · MLS: 1514567 BROKEROF OFRECORD RECORD:: BROKER Waterloo · Gourmet Pizza Over & Pasta business for sale.

20 restaurant. successful Fully fenced with one gate, graveled and Retail 66.58 Acres · $2,200,000 · EXCLUSIVE High sales with huge potential.

Located in the years in business!

Take over before Christmas compacted.

Bleams Road coming through in the Peter Benninger** ·· ext.

Cambridge· Under consideration to change OP growing area. High exposure on Peter Benninger** ext. 3000 3000 James Boudreau**/ Gary Boudreau* Spring of 2015!

John Hoffman* city’s fastest designation to industrial.

Peter Benninger** busy roundabout.

Lester Tobin*

* Sales Representa�ve * Sales Representa�ve ** Broker ** Broker Please say you saw it in The Commercial Investor

COM_3715.indd 7

8171433_3715

2015-09-11 3:37 PM

businessbarometer

BUSINESS CONFIDENCE CONTINUES SLIDE IN AUGUST

C

anada’s business confidence continued to struggle in August. CFIB’s Business Barometer Index fell for the third consecutive month to 56.7, its lowest point since April 2009. The index has dropped almost eight points in 2015.

“Weakening sentiment in the western provinces continues to weigh confidence down,” said Ted Mallett, CFIB’s chief economist and vice president.“In contrast, confidence in the Maritimes continues to out-perform the national average, bolstered by a favourable dollar that boosts trade conditions with the US.” On a scale between 0 and 100, an index above 50 means owners expecting their business’ performance to be stronger in the next year outnumber those expecting weaker performance.

One normally sees an index level of between 65 and 70 when the economy is growing at its potential.

Optimism took a sharp turn in British Columbia, losing over three points to 64.1. Alberta continued its slide, dropping to 40.4. Saskatchewan bucked the trend and saw a confidence

increase for the fourth consecutive month, jumping over seven points to 61.9 – its highest level since November, 2014.

Manitoba slid four points to 53.8. Ontario made a small climb to 61.3, while Quebec slipped to 57.3. Newfoundland and Labrador’s business confidence took a turn for the worse this month, falling six points to 57.0. Nova Scotia jumped to 65.7, second highest in the country, while New Brunswick fell to 61.1. Prince Edward Island saw a small drop to 67.3 but remains the most optimistic province in the country.

The resource sector continues to show the weakest levels of optimism in the country. Below-par sentiment in construction, retail and transportation is offsetting reasonably good outlooks in the other services sectors. Only one in five businesses plan to hire additional staff in the coming months, while 12 per cent plan to cut back.

August, 2015 findings are based on 989 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Data reflect responses received through August 17. Findings are considered accurate to +\- 3.1 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.

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@ypnexthome.ca

COM_3715.indd 8

2015-09-11 3:37 PM

9

Commercial Real Estate & Business Opportunities

519.742.7000 www.coupalmarkou.com

LEASE 92 KING STREET SOUTH, WATERLOO LEASE

• Second floor space with private entrance • Excellent location across from "The Shops of Waterloo Town Square" • On GRT route and minutes from Hwy 85 • 1,016 sq ft (approximately) • $10.00/sq ft Net 3715_DJW_1_0063

SALE

MLS

93 LODGE STREET, WATERLOO

• Established 6 bay car wash • Price includes land, building and equipment • 3,540 sq ft on 0.54 acres • $1,549,000

3715_DJW_3_0016

SALE 1250 FISCHER HALLMAN ROAD, KITCHENER

• 3.49 acre high profile corner property • Official Plan allows mixed use • Retail/commercial, office & residential • $3,600,000

3715_DJW_0036

• Medical building located directly behind Grand River Hospital • Pharmacy on-site & on-site parking • Zoning allows for many uses • Units from 750-1,500 sq ft • Lease rates from $710 - 1,420/month

MLS

3715_DJW_1_0093

SALE

SALE 645 LAURELWOOD DRIVE, WATERLOO

3715_DJW_2_0021

Christopher Coupal

John Markou

Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101

Broker, Principal john@coupalmarkou.com 519-742-7000 x 102

MLS

MLS

3715_DJW_3_0031

SALE 50 UNIVERSITY AVENUE EAST, WATERLOO

300 BRIDGE ST EAST, KITCHENER

• 72.9 acres • 44.65 acres developable • Strategically located on the new Hwy 7 realignment • $9,900,000 MLS

MLS

3715_DJW_1_0117

• Busy plaza with strong tenants in place • 8 units with good mixture of retail and office users • Located in high density residential neighbourhood • $2,695,000 MLS

3715_DJW_1_7778

54 BRIDGE ST WEST, KITCHENER

• Prime residential development site • 1.23 acres with 181.28 ft frontage • Premilinary site plan approval in place for • 32 unit apartment building or stacked townhouses • $1,195,000

SALE 1015-1051 KING ST EAST, KITCHENER

• Across from future LRT • 1.19 acre redevelopment site • Corner of King & Ottawa Street • Existing income in place • $2,295,000 MLS

SALE

453 PARK STREET, KITCHENER

Kitchener/Waterloo Guelph & Cambridge

Volume 15 Issue 09

• Mid-rise building on 1.15 acres • 52 Registered Condominiums • 196 Bedrooms • Excess density allows for further development MLS

3715_DJW_1_0017

CONNECT

3715

The information set out herein is for advertising purposes, with information obtained from sources deemed to be reliable. No warranty or representation is made as to its accuracy, correctness and completeness of the information, being subject to errors, omissions, conditions, prior sale/lease, withdrawal or other changes without notice. Coupal Markou Commercial Real Estate Inc., Brokerage

Please say you saw it in The Commercial Investor

COM_3715.indd 9

2015-09-11 3:37 PM

10

Volume 15 Issue 09

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

BROO CO KM BM UE IL RD C II N AG L C IN OV NESSUTLO TR ANTS

PROTECTING YOUR INVESTMENT

A S P HA LT - M A IN T E N AN C E / R E PA IR 4. Install speed bumps where necessary to reduce vehicle speeds.

CAUTION! Asphalt surfaces quite often slip way down on the owner’s priority list for maintenance repair and replacement. This should not be the case as this is the one of the first areas a client or prospective buyer looks at when visiting the site.

Also, serious trip hazards are often overlooked which may result in costly law suits.

MAINTENANCE We recommend a simple regular maintenance plan to reduce wear and tear, trip hazards and make the property more appealing.

1. Seal cracks annually, seal the asphalt and line paint every 2 - 3 years, extends life several years.

2. Investing in reinforced concrete protection rings around all manholes and catch basins results in reduced maintenance and replacement of asphalt.

3. Raise manholes and catch basins so that they are flush with the asphalt and concrete rings.

C O N S U LT I N G E N G I N E E R S Building Inspection Cost Consultants

5. Instead of replacing asphalt consider capping the existing asphalt if it is in reasonable condition.

SEAL ASPHALT

CONCRETE RING

CONCRETE SPEED BUMP

www.BrookBC.com 905-385-4496 1-888-343-3023 11236833_3715

Please say you saw it in The Commercial Investor

COM_3715.indd 10

2015-09-11 3:37 PM

Volume 15 Issue 09

11

2011 - 2014

2007

Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

2011

#1 FOR MOST HOMES SOLD IN 2013!* • #5 TEAM IN CANADA!**

11298218_3715

519.740.0001 | www.soldbybailey.com | steve@soldbybailey.com

EXCLUSIVE

| CAMBRIDGE |

$900/MONTH

FULLY RENOVATED, PROFESSIONAL OFFICE SPACE CENTRALLY LOCATED BETWEEN CAMBRIDGE, KITCHENER, AND REGION OF WATERLOO AIRPORT. OTHER SIMILARLY PRICED UNITS AVAILABLE. 3315_DJW_0029

MLS® 1594208

| KITCHENER |

$169,900

A WELL LAID OUT LIGHT MANUFACTURING AND WAREHOUSE SPACE WITH PROFESSIONALLY FINISHED SECOND FLOOR OFFICE SPACE. IDEAL AS EITHER OWNER OCCUPIED OR AN INVESTMENT OPPORTUNITY. TWO UNITS AVAILABLE. 3315_DJW_0090

MLS® 1592982

| COURTLAND |

$1,200,000

A FANTASTIC OPPORTUNITY TO LIVE STEPS FROM YOUR VERY OWN SUCCESSFUL BUSINESS! PROPERTY INCLUDES A 2,000 SQ. FT. HOME AND A THRIVING BAKERY. OVER 20,000 CARS DRIVE BY DAILY!

3315_DJW_1_0066

EXCLUSIVE

| KITCHENER |

$129,900

GREAT OPPORTUNITY TO OWN A BUSINESS IN CENTRAL KITCHENER LOCATION. FRONT STORE SERVING AREA MAKES IT IDEAL FOR A BAKERY OR CAFE; TOP OF THE LINE KITCHEN EQUIPMENT INCLUDED. 3315_DJW_1_0065

MLS® 1593232

| CAMBRIDGE |

$850,000

AN EXCLUSIVE DEVELOPMENT OPPORTUNITY IN CAMBRIDGE! CONVENIENTLY LOCATED OFF OF HIGHWAY 24 AND NEAR THE SCHOOL OF ARCHITECTURE. SO MANY POSSIBILITIES! 3315_DJW_1_0056

MLS® 1592030

| PARIS |

$1,600,000

PRIME DOWNTOWN LOCATION! THIS PROPERTY INCLUDES A SMALL HOUSE WITH LONG TERM TENANT, A VACANT BUNGALOW, AND A COMMERCIAL PLAZA. SO MANY POSSIBILITIES! 3315_DJW_1_0067

SUPERIOR SERVICE • SUPERIOR EXPOSURE • SUPERIOR RESULTS

Isabel Pinheiro

Helen McIntyre

Aaron Erwin

Sue Machado

Mike Grant

SRES, ABR ABR Sales Representative Sales Representative Sales Representative Sales Representative Sales Representative aaron@soldbybailey.com sue@soldbybailey.com mike@soldbybailey.com isabel@soldbybailey.com helen@soldbybailey.com Falo Português *RE/MAX Award for Transaction Ends in a Population of 50,000 to 150,000. **Real Trends Magazine Agent Rankings 2013.

Don MacKey

Annette Escobar

Joan Horne

Sales Representative Broker Sales Representative don@soldbybailey.com annette@soldbybailey.com joan@soldbybailey.com

Please say you saw it in The Commercial Investor

COM_3715.indd 11

2015-09-11 3:37 PM

12

Volume 15 Issue 09

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

FOR SALE:

BUSINESS AND PROPERTY

$559,000

3315_DJW_0064

2333 Kingsway Drive, Kitchener, Ontario

• Successful and established auto repair shop.

• Large corner lot is ideal for used car sales.

• C-6 zoning; commercial redevelopment potential.

MMERCIAL LTY, BROKERAGE

CONTACT: R.BLAKE HULL, Sales Representative bhull@coldwellbankerpbr.com

CHENER, ON.

11299563_3715

commercial@coldwellbankerpbr.com

MLS:1337773 INDUSTRIAL/WAREHOUSE FOR office in well SALE/LEASE natural light. ree parking rby.

Very conds away. 13,735 SF · $4.95/SF · MLS# 1524256 · Freestanding Industrial/ olin Vogel* Cambridge Royal LePage Crown Realty Services Warehouse facility.

Centrally located w/access Inc.,Brokerage Contact LS:1518080 off 2 streets.10,400 SF Warehouse, 3,335 SF Office.

Lester Tobin* uring and/or

WURSTER PL, BRESLAU TOWNSHIP of WOOLWICH

INDUSTRIAL PROPERTY FOR SALE & LEASE

S: 1527151 28,000 SF · 2,400 SF Mezzanine · 3.09 AC. office. High $1,895,000·$4.50/SF Net · MLS: 1434971, ional space 1511326 · Cambridge Zoned M3-dynamic olin Vogel* uses. Heavy power. Was a federal food grade John Hoffman* MLS: 1525- facility. world n located to beyond.

INVESTMENT FOR SALE ster Tobin*

SALE

AND SALE

$12.95/SF cated office ut. Existing Boudreau**

Sales Representative

Off: 519-740-6400 | Dir: 519-501-2629 leoteam1@gmail.com

FUTURE DEVELOPMENT LAND

loading and 3,931 SF · $3.00/SF · EXCLUSIVE · Blake Hull* Kitchener · Dry storage or distribution at a low cost.

Extra yard space available.

S 1521635 John Hoffman* gh exposure vailable for 9,360 SF· $6.50/SF · MLS:1431568 ster Tobin* Kitchener · 16 Dock doors, 21’ clear span S: 1521035 shop. Great for high volume trucking with winding business. Large land for truck and trailer l 2nd floor avail. @ extra expense. 7,699 sf shop & 1,661 John Hoffman* ption area. SF office. olin Vogel*

RETAIL/RESIDENTIAL INVESTMENT 7,712 SF· $995,000 · MLS:1521430 Cambridge· Investment or Owner/User property. Main Floor: 5,642 SF (2 units) Upper floor: 3 Apartments.

Lester Tobin* 11294269_3715

ENT SITE · $979,000 er · Unique Lot. Located .

Great ester Tobin*

LEO CARNEVALE

RETAIL PLAZA W.CONVENIENCE STORE 3,408 SF · 0.25 Acres · $1,550,000 MLS #1511142 · Waterloo · Two unit retail plaza with business.

Lester Tobin*

RETAIL INVESTMENT OPPORTUNITY 20,700 SF· $3,200,000 · MLS:1524441 Kitchener · Fully rented plaza, exposure to S 1517403 expswy, tenants include Short Stop, Wings property. Up, Blend Hair Studio to name a few. Call for ew HV/AC details.

Lester Tobin* COM_3715.indd 12 uilding. 23

Property Features: • Approximately 47.80 acres • Located within the Waterloo Region East Side Community Plan • Waterloo Region OMB approved Official Plan 2015.

• Parcel boundary adjacent to planned future “GO” Station.

• Existing residential development nearby • Ontario Ministry of Transportation to begin construction 2015 on a new four-lane Highway 7 between Kitchener and Guelph with opening date planned in 2020 • Close to major transportation routes • Close Proximity to Waterloo Region International Airport • Perfect for the small investor to wait for development

FOR SALE $579,900 Please email or call for information & download package Please say you saw it in The Commercial Investor

2015-09-11 3:37 PM

NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION COVERING: Brantford Chatham Grey & Bruce Counties Ingersoll London

Owen Sound Sarnia Simcoe Stratford St. Thomas Tillsonburg Windsor Woodstock

SOUTHWESTERN ONTARIO

SOUTHWESTERN ONTARIO

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca

NewSectionPages_FullColor2015.indd 3 COM_3715.indd 13

2015-03-19 3:47 PM 2015-09-11 3:37 PM

inthenews

LAURIER NAMES SCHOOL OF BUSINESS & ECONOMICS AFTER VISIONARY TECHNOLOGY ENTREPRENEUR MIKE LAZARIDIS

W

ilfrid Laurier University is proud to announce the naming of its renowned School of Business & Economics in honour of visionary technology entrepreneur and philanthropist Mike Lazaridis.

The newly branded Lazaridis School of Business & Economics marks the start of an exciting new era for Laurier as the university prepares to celebrate the 50th anniversary of its business and economics school and open a $103-million state-ofthe-art facility in 2016.

Laurier is poised to become a global centre for research and teaching related to the leadership of technology companies, thanks to a $20-million donation by Lazaridis and a contribution of $15 million from the Ontario government, both announced earlier this year. The combined $35 million will support the creation of the Lazaridis Institute for the Management of Technology Enterprises, which will be part of the Lazaridis School of Business & Economics.

Mike Lazaridis is internationally known for creating the groundbreaking BlackBerry smartphone, building BlackBerry into an $18-billion global business, and reshaping the global mobile communications industry. He is currently a founding partner in Quantum Valley Investments, a Waterloo-based fund that focuses on the commercialization of breakthrough technologies in quantum information science and which seeks to support Waterloo Region’s growing reputation as the “Quantum Valley.”

“I can’t imagine a better name for a school of business and economics than the one that we are adding today,” said Micheál Kelly, dean of the Lazaridis School of Business & Economics.“It’s a name that is recognized nationally and internationally; it’s a name that is associated with vision, innovation and excellence.”

COM_3715.indd 14

The Lazaridis School of Business & Economics will be housed in a $103-million landmark building that is nearing completion on University Avenue in Waterloo.

Known to date as the Global Innovation Exchange, this remarkable facility will be renamed Lazaridis Hall in honour of the entrepreneur’s generous contributions to Laurier, the global technology industry and the community of Waterloo Region.

“Mike Lazaridis is a true visionary who understands the transformative power of technology and of philanthropy,” said Max Blouw, president and vicechancellor of Wilfrid Laurier University.“His entrepreneurial spirit and passionate commitment to improve the competitiveness of Canada’s technology industry epitomizes the Laurier ethos of inspiring lives of leadership and purpose. We are grateful for his support and for the opportunity to partner with him to enhance management education in this country.”

Lazaridis said he is pleased to work with Laurier and the province in developing a globally competitive technology industry that strengthens the regional, provincial and national economies.

“I chose to invest in Laurier because I thought that they were uniquely positioned to transform the way that technology business managers are trained and developed,” said Lazaridis.“I believe the Lazaridis Institute for the Management of Technology Enterprises will help Laurier produce exceptional tech-savvy business managers and leaders that Canadian technology companies need to grow and succeed globally. I want to thank the Province of Ontario for their continuing vision and support for technology entrepreneurship in this province.”

The Lazaridis School of Business & Economics is an innovative leader in immersive learning and leading-edge research. From their very first day on campus, students work in teams to tackle real-world challenges. Through Canada’s largest businessdegree co-op program, students are immersed in the environments they will experience after graduation. Laurier students learn to think critically and are wellprepared to adapt successfully to a global world of ever-growing complexity.

Laurier business and economics alumni can be found as presidents and CEOs of Canada’s leading companies, including Bank of Montreal, Jaguar Land Rover Canada, PepsiCo Foods Canada, AIG Insurance, shop.ca, and many more. More than 2,000 SBE alumni have started their own companies. Located in the heart of the Waterloo Region technology hub, the university has a strong track record for developing successful tech-industry leaders. Hundreds of SBE alumni work at senior-level positions in technology companies in Waterloo Region, including many at the president and/or CEO level.

Wilfrid Laurier University is in the midst of a landmark fundraising campaign.

The Building Canada’s Best Business School campaign aims to raise $55 million for the Lazaridis School of Business & Economics, representing phase one of a pan-university $125-million campaign. The business school portion of the campaign is raising funds to support student scholarships, help retain and recruit top faculty, complete the new $103-million Lazaridis Hall, and strengthen the Lazaridis School’s unique, pioneering programming. In addition to the Lazaridis gift, other donations have come from TD Bank Group, BBA alumnus Bill Webb and Agnes Wong, BBA alumnus Michael and Hennie Stork, the McGrath family, the Marsland family, Bank of Montreal, and Toyota Motor Manufacturing Canada.

For more information, visit wlu.ca.

2015-09-11 3:37 PM

Volume 15 Issue 09

15

Commercial Real Estate & Business Opportunities

PINHEIRO REALTY & INS. LTD

DIGITAL DEVICE

Joe Pinheiro

Broker of Record

anytime, anywhere!

ATTENTION INVESTORS 140 UNITS FOR SALE

$75,000 per unit S/W Ontario

CAR LOT DOWNTOWN LONDON $269,900 Same owner selling Autos for over 40 years in this ideal downtown location. Property includes: heated garage with entry/exit on both ends to access rear lot. Lot accommodates 30-40 cars to display. Building includes 2 offices and 900 s/f garage. Total of 8,300 s/f of land, Zoning RSC2&4 allows for a variety of uses.

Call Joe for Details.

Published by

Southwest Ontario

519-451-2696

8847751_3715

696 Hamilton Rd., LONDON, Ontario

VIEW OUR MAGAZINES ON ANY

DEVELOPMENT LAND IN LONDON 15 Acres on Main Arterial Road off 401. 5 acres wooded and 10 acres workable including 5 bedroom house at Highbury & Bradley Ave. Call Joe for Details!

Now you can view all Commercial Investor magazines online using any smartphone, tablet or desktop device.

THECOMMERCIALINVESTOR.CA

11007505_3715

Dave Spencer SAL E S RE PRE SE NTAT I V E

62 1st Avenue South H: Chesley, Ontario N0G 1L0

519.363.2410 PHONE: 519.363.3726 davespencer@bell.net

HEART OF DOWNTOWN

2,000 square foot retail space with great window display and rear loading area. Two residential units upstairs for extra income.

Good investment opportunity.

$120,000

$119,900

2915_DJW_4_0018

EIGHT UNIT INVESTMENT

2 commercial units and 6 residential . Great location with parking.

Building is in good condition.

$144,900

EXCELLENT OPPORTUNITY

DURHAM 4 PLEX

2915_DJW_1_0020

$239,900

Operate your own business and live on site.

Approximately 1800 square feet of retail space and a modern 1100 square foot apartment has open concept living and rear access. West facing deck to enjoy summer evenings. Sits in the heart of Chesley's downtown core.

2915_DJW_2_0019

3-2 bedroom units and 1-1 bedroom unit.

Shows good return and is in good condition.

Recently updated.

2915_DJW_0058

Please say you saw it in The Commercial Investor

COM_3715.indd 15

2015-09-11 3:37 PM

16

Volume 15 Issue 09

Commercial Real Estate & Business Opportunities

Sutton - Huron Shores Realty Inc. Brokerage 606 Goderich St., Port Elgin, ON N0H 2C0 519-797-1007 | 1-888-727-1007

Brian Shular Broker of Record

Doug Freiburger Sales Representative

Kaitlyn Shular Sales Representative

Judy Howard Sales Representative

2915_DJW_0107

1/2 BLOCK OF PRIME DOWNTOWN PORT ELGIN 544 Goderich St., Port Elgin

4 BEDROOM BUNGALOW PLUS 6 RENTALS

Well known Ralph's Hi-Way Shopette 6 Commercial Rentals, 3 Apartments & 4 Bedroom House Century Home has In-ground Pool & over 2,000 sq. ft.

MLS #411046000402600 PRIME HWY. COMMERCIAL 5097 Hwy. 21, Port Elgin

2915_DJW_1_0079

2915_DJW_2_0022

316 Mill St., Port Elgin

$1,499,999

$495,000

Winterized Cottages for Year Round Income Located in a Prime Rental Area Close to the Beach Cottages are Fully Furnished & Ready to Rent MLS #411046000411000

$489,000

Sellers are willing to Hold the Mortgage w/$100,000 Deposit Business & Inventory Negotiable Would make an Ideal Small Engine Repair shop MLS #411044000520500

IMMACULATE COTTAGE PARK 7 RENTALS & BUNGALOW 299 Green St., Port Elgin

2915_DJW_1_0025

2915_DJW_0106

Southwest Ontario

11239820_3715

Independently Owned and Operated

$575,000

3 Bedroom Bungalow has been Recently Renovated Rental Cottages are Winterized & come with an Extensive Client List Located in a Preferred area very close to the Beach MLS #411046000413700

www.suttonhuronshores.com 11291991_3715

Not intended to solicit properties currently listed for sale.

WOODSTOCK

ROSEMARY BROWN

PETER VANDERSAR

SALES REPRESENTATIVE

BROKER

519-532-9049

519-536-1200

rosemarybrown@royallepage.ca

peter@petervandersar.com

519-539-2070

FOR SALE

SOLD

$525,000

Approximately 12,000 SQ FT building on highway #2 on approximately 5 acres. Former Bowyer Marine Dealership.

Lots of parking and outside storage space. New roof on part of building. Quonset building also on site for storage. Vendor take back Mortgage at 4 percent for 3 years to qualified buyer.

2915_DJW_1_0699

$195,900

Retail commercial building for sale in the heart of downtown Woodstock. Lots of natural light because of 2 skylights in upper floor.

Approximately 4400 sq ft on 2 floors, busy local area with other merchants and restaurants. Present tenant on month to month lease.

Lots of municipal parking nearby. Vacant & also for least at $2300/month.

SOLD

$950,000

Approximately 2.7 acres with former ECOLE-SAINTEMARGUERITE-BOURGEOYS SCHOOL building on Huron Street for sale. Located in an older residential area of North Woodstock. This property could be developed for a variety of uses.

2915_DJW_1_0028

2915_DJW_1_0104

FOR LEASE

1787 sq. ft. Prime location on Woodstock east end. This unit fronts on to high traffic location at corner of Dundas and Clarke Streets. Between National Pasta and Barburrito. Other tenants include Drivers and Vehicle Licence office. City Financial, Chiba Sushi and Papa John's Restaurants. C4-26 zoning allows many applications including retail, office, schools and restaurants.

Lease hold improvements. For further information contact Listing Agents. 2915_DJW_1_0689

D E S A LE $4.00 SQ. FT. BASIC RENT $605/MTH COMMON AREA COSTS

478 DUNDAS STREET, WOODSTOCK MLS 74397 Excellent downtown core location, close to Museum, Banks & City Hall. Former Little Theatre storage space. Wide open space with 10 foot ceiling and full basement for storage. Brand new HVAC equipment. Come have a look and present your ideas to the Landlord for approval. Entrance from Market Square 2500 sq. ft.

2915_DJW_0055

Please say you saw it in The Commercial Investor

COM_3715.indd 16

2015-09-11 3:37 PM

Volume 15 Issue 09

17

Commercial Real Estate & Business Opportunities

George Gicopoulos Sales Representative

*Independently Owned and Operated

9995828_3715

Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepagecommercial.com www.georgegicopoulos.com www.royallepagecommercial.com

Southwest Ontario

Royal LePage Triland Realty, Brokerage*

SARNIA STEAK HOUSE $995,000

RETAIL/RESIDENTIAL PROPERTY - $699,000

$450,000

Great opportunity for the Restaurateur in Sarnia/Point Edward. Well known busy Steak House on a 5,700 sq. ft. free standing building on 1.15 acres of land on last exit off Hwy 402 before the bridge to USA; recent improvement to the menu along with some renovations increased business by as much as 30%. Property and business or business only for sale. Licensed for 210 inside plus 70 on the patio. Plenty of onsite paved parking.

3315_DJW_0046

Coffee Shoppe Tenant on main floor, on a 3 year lease with 2 renewal options. Five (5) residential apartments with Tenants paying their own heat & hydro. Building in great condition with recent renovations and building improvements. Great return on investment.

Great owner user scenario. Ideal for many uses including previous use as cafe. Many upgrades to the building in the last 8 years including electrical, plumbing, HVAC units, etc. Rent free main floor (used as Cafe recently) with three residential units above paying the mortgage. All chattels & fixtures in place just add stock and you're in business.

Approximately 2,300 sq ft main floor cafe also for lease at $2300/month net. 3315_DJW_0047

3315_DJW_0053

FREE STANDING BUILDING - $950,000

BUSINESS FOR SALE $247,000

RESTAURANT BUSINESS - $565,000

Investors dream totally carefree investment with great national Tenant, with multiple locations, on a long term net-net lease. Free standing building in thriving community of Kincardine; close to Bruce Nuclear Power Plant. Specifically built as a restaurant. Over 7% cap rate for this free standing building in A-1 Condition.

Great upscale family eatery. In operation for many years with great reputation and good sales and profits. Approximately 90 seats licensed under the LLBO. Very good condition, excellent long term lease. Open 6 1/2 days closed Sundays at 3:00 p.m.

Great restaurant/grill; very well known with great reputation. Excellent sales and profits.

Approximately 4,000 sq. ft. plus basement.

Licensed for 145 inside plus patio. This is truly a money maker. Great long term lease with rental costs below 4% of yearly sales. Property which includes 3 self contained apartments above also for sale at very reasonable price.

3315_DJW_0048

3315_DJW_0049

3315_DJW_0050

BUSINESS & PROPERTY - $675,000

FAMILY RESTAURANT - $149,000

GREAT INVESTMENT IN WOODSTOCK - $895,000

Great summer business in the best part of Long Point. Under 5 months of operations and makes enough revenue for the owner to take the rest of the year off. Easy operation; Ice cream, fries, arcade, Convenience, ATM, movies, ice. 10:00 A.M to 10:00 P.M. May till middle off September and could be extended for great sales & profits. Onsite parking plus municipal free parking at the front. 3315_DJW_0051

Highway location just 1/2 hour north of London. Long established with great reputation, steady clientele and great sales.

Long term favorable lease full equipped family Restaurant operated by the same owners for many years.

Rental of $96,000/year Gross. This is a Good Long Term Investment. Approximately 44,000 sq. ft. of land next to Walmart and Home Depot in Woodstock's prominent commercial node. The building is about 8,500 sq. ft. on main level with about 2,000 sq. ft. on second floor. Over 80 paved parking spots. Great exposure, location and investment for the future!

3315_DJW_0081

3315_DJW_0052

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HAMILTON

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

HAMILTON SECTION COVERING:

Grimsby Hamilton Haldimand Stoney Ancaster Caledonia Cayuga Creek Dundas Dunnville

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca

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Volume 15 Issue 09

19

Commercial Real Estate & Business Opportunities

4011 HWY 6, HAGERSVILLE $1,975,000

1834 HUTCHINSON ROAD, DUNNVILLE $1,500,000

681 CONCESSION 14, TOWNSEND $799,000

Valuable 10.06ac comm. prop in E. Hagersville. 60-90 mins S. of Toronto. Incs 3 bldngs - Bldng #1 - 14,000sf w/20 offices, 5 baths, 3 kitch, 3 sep. security zones, incs 4000sf htd warehouse. Bldng #2 - 9400sf, 7 bays, UL offices, rented to quality tenant. Bldng # 3 - 1800sf + 1300sf lean to. Huge pvd lot. Enviro reports avail. Zoned MG. 3315_DJW_0036

Turn-key Family owned/operated (60+yrs)Prov. Inspected Meat Abattoir on 9ac. 70-90mn. Toronto near Dunnville. 9000 sf slaughtering/processing facility w/"A" audit grage, 3000 sf coolers, 2 loading docks-all equipment-sch.att. Slaughtering apx. 40 markets/110 BBQ's daily-4days a week. 1.5 stry dwelling. Servicing Toronto Chinese Market.

3315_DJW_1_0049

Profitable, family owned/operated greenhouse business growing hydroponic cluster tomatoes since '94. Sit. 3.89 ac. incs 82,228 sf poly-houses, renoed 1.5 stry home in Norfolk Cnty E./Simcoe. P&L avail. Serious buyers only confidentially agreement required. Equipment sch.att. Seller will train. Immaculate property!

3315_DJW_1_0050

Hamilton

8171399_3715

RE/MAX Escarpment Realty Inc Brokerage

1812 THOMPSON ROAD, WATERFORD $729,000

63 8TH CONCESSION, BURFORD $949,000 Pristine 37.57ac income producing property situated across from Burford's southern urban boundary. Incs century 4 bdrm home (circa 1900), 36x40 insltd stl clad wrkshp, 2007 w/conc. flr + 2 - 12x12 drs, 50x80 free-span I-beam building, rented to feed supply/ retail tenant + 35ac vegetable soil. $21,100 annual income. *Zoned "A" 3315_DJW_0037

3315_DJW_8000

Exceptional 24.66 ac multi-purp. property incs. 1992-4 lvl sidesplit w/.garage, det. wrkshp., 5402 sf. Prov. inspected Abattoir, +/20ac. sys. tiled wrkble land_lrg paved prkng lot. Continue as Turn-key meat faculty-ideal for landscaper, trucker, hobbyist-90 mns/Toronto/London near Waterford.

3315_DJW_1_0051

113 MAIN STREET, JARVIS $289,000

334-338 MAIN STREET, PORT DOVER $449,000

868 NORFOLK ST S, SIMCOE $349,900

Prime Retail/Comm. property in the centre of trendy dwntown P.Dover. Sit. on 66' x 325' lot, inc ext. renoed brick/stone building, 2 garages (62' x 28') (22' x 31') w/5 bays, fts 4800sf retail storefrnt, updtd roof covering/HVAC/electrical/plumbing + lrg display windows. Incs 1200sf UL aprtmnt! Motivated seller!

Turnk-key destination restaurant loc. mins S/Simcoe en route to Turnkey & Long Point. Incs apx. 4500sf building sit. on .82 ac lot w/233' road frntge, paved lot 20/30 vehickes, n/g HVAC, new comm. septic '14 well w/UV MAX syst. '15, LCBO licensed - 106(inside)-36(outdoor patio), "Silverware" syst....see att. equipment list. Incs. 1.5 stry dwelling. Asset purchase-No P&L. By apptmnt only!

3315_DJW_1_0052

3315_DJW_0038

Calling all developers/contractors/investorslrg 5.2 ac parcel of comm. zoned land loc. at N. end of Jarvis. Irreg. shaped lot w/ ex. visual exposure+mat.tree lined side/rear boundries. Flat accessible site w/mun. water, mun. sewers, n/g, hydro, telephone+cable at or near lot line. Poss. to rezone for residential exists. Buyer to verify permits.

14 ROBINSON STREET, SIMCOE $169,500

1187 LAKESHORE ROAD, SELKIRK $289,900

279 LINK ROAD, CAYUGA $214,900

Your chance to own famous L.Erie restaurant "Parrothead Cafe" was Selkirk's premier "Hot Spot" across the road from the lake. Sit. on 2.5 ac lot zoned CR w/outdr patio. Int./ext. extensively renoed since '09. Updts/roof '08, furn/c-a '08. N. vacnt lot/E. res. prop avail. Renos require completing. Currently not operating.

3315_DJW_2_0053

Interesting 1.01 ac rural comm. property ftrs 2480sf conc. block former Firehall/EMS bldng w 13' - 23' cilings, 2 - 12 x 12 ins. RU drs, 2 bths, 2 n/g htrs, kitchenette, 200 amp, cistern, holding tank + conc. flrs. Incs vacant former Community Hall "AS IS" no entry permitted. IC zoning allows SFR. Offers by Aug. 20/15-Irev.Sept.22/15 3315_DJW_0039

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.

3315_DJW_3_0033

10.45 ACRES ON MAIN STREET, JARVIS $149,000 Prestige Ind Zoned 10.45ac parcel. N/G, mun. water/sewer, hydro at/near lot line. Flat site w/155' frntge/access Hwy 6 extends Hald Rd. 55.

Buyer resp/verify zoning/uses/permits-costs of dev./lot levy/HST charges. Hi-traffic exp, VTB avail, phase 1&2+ Please say you saw it in The Commercial Investor

3:47 PM

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Commercial Real Estate & Business Opportunities

Volume 15 Issue 09

UNDERSTANDING REAL ESTATE TERMS AND FORMULAS

8171452_3715

Dino Nicosia, Broker of Record - Investpro Realty and Appraisal Ltd., Brokerage

I

n this exciting world of Real Estate Investments there are many terms and formulas often used by investors and lenders. As a wise investor you should be familiar with the Real Estate lingo.

Hamilton

The following are some of the most common terms and formulas; Capitalization Rate: This is the most important term in the industry and investors should be prepared to use it to determine value. Sometimes known as the “Cap Rate”, this term represents the percentage return on investment in an “all cash purchase”. This is accomplished by taking the Net Operating Income and dividing it by the current market Cap Rate.

For example, suppose you are considering to purchase an apartment building which generates a NOI (net operating income) of $60,000; and assuming the asking price of this property is $900,000. On this scenario the Cap Rate would be 6.6%. In other words at the asking price, you will earn a 6.6% return on the $900,000 investment.

Divide the Net Income by the Selling Price. $60,000.00 divided by $900,000.00 equals 6.60% Cap Rate The market Cap Rate should be the key indicator to determine the value of investment properties. The Cap Rate will fluctuate with the market forces of supply, demand, interest rates and political climate.

Gross Rent Multiplier (GRM) When we purchase a Real Estate investment, we are really buying the potential rental income, and not just the bricks and mortar. Therefore the Gross rents are sometimes used to determine value.

The GRM is what you get by dividing the gross rent into the sale price of a building. For example, if an investment property sells for $1,000,000.00 with gross rents of $250,000.00, the “Multiplier” is 4 time the gross income. Therefore the GRM in this scenario is 4. This number can be a good thumbnail approach to valuing other buildings when you know their gross income.

The problem with this method of valuing buildings is that the gross income does not allow for fluctuations in expenses. The best example would be in comparing two identical buildings, where; • On the first building, the tenants pay for own hydro • On the second building, the owner pays hydro and for cable etc.

The impact on the value where the owner pays extra expenses will be significantly lower, unless the rents are adjusted higher to compensate for the inclusions. The GRM (Gross Income Multiplier) may be used as a benchmark, however amongst experienced investors the best approach to valuing buildings is by using the capitalization of the net operating income.

Effective Gross Income This refers to the actual gross rents and deducting allowance for vacancy and bad debt.

Every rental property experiences tenant turnover. The frequency in which it occurs will depend on many factors such as; location, condition, rental charge, economic forces, tenant profile (age, etc.), and property management experience, etc. It is very important that you become familiar with the vacancy rate of the area of the subject property and also the track record of the property turnover rate

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Commercial Real Estate & Business Opportunities

Net Operating Income (N.O.I) The Net Operating Income is the amount of cash available after deducting the operating expenses from the Effective Gross Income. Be sure that the N.O.I. is accurate so that a realistic property value can be assessed. To obtain a true N.O.I, you must also include management fees, superintendent wages to the expenses.

Do not be fooled by a lean expense ratio, to artificially show a higher net income. Always remember that it is the N.O.I. that sets the probable value of the building.

or costly promotions. However, we now have the option to use free internet advertising, which are becoming more and more cost effective for the landlord.

Operating Expenses As an apartment building specialist, I come across many financial reports and proformas, and it never ceases to amaze me how many operating expenses are “streamlined” to expand the “N.O.I.”, thus artificially increasing the market value of the property. In addition to expenses for heat, hydro, water, realty taxes, the next time you review an income statement, also look for the following expenses:

Leverage The huge advantage of using leverage in a real estate investment is that for a small amount of cash you can purchase a large property. For example, a $100,000.00 down payment can purchase a building worth as much as $1,000,000.00, (10% down payment). On a long term hold, you will benefit from both mortgage reduction and increase in value.

1. Management Fees Whether you intend to manage yourself or hire a property manager, this item should always be expensed at 3% to 5% of the gross income 2. Superintendent/Janitor Wages Again, whether or not you intend to do the work yourself, always expense this wage to determine the true operating expenses. Use approximately $20.00 to $30.00 per unit per month as a guideline.

3. Maintenance/Repairs This cost will vary depending on the type, age and condition of the property, as well as quality of tenants and the past maintenance level of the building. A good guideline is approximately $500.00 to $800.00 per unit per year.

4. Elevator Often the cost of the elevator maintenance are not included in statements.

5. Waste Disposal Garbage disposal charges are often missed on a financial statement.

6. Snow Removal Often the cost of snow clearing are not included in statements 7. Insurance Coverage The property must be insured for fire and other hazards (tenants should cover their own contents). Premiums will vary depending on age and size of the building and be aware that premiums are on the rise.

8. Laundry Expenses On many occasions, you will find the laundry income included in the gross revenues. However, the laundry rentals are often forgotten in the expense column and unless the laundry equipment is owned, look for rental charges of approximately $60.00 a pair per month.

9. Advertising/Promotions, etc. In a tough rental market, you must allocate a reasonable monthly charge for advertising

A good “rule of thumb” for operating expenses is 55% to 60% of the “Effective Gross Income”. There are always minor exceptions where income is higher (and expenses lower) because tenants pay for their own hydro.

Hamilton

Volume 15 Issue 09

With leverage you may run the risk of unexpected negative cash flow that could risk the investment. Assure the income generated from the property is able to support the expenses and carrying costs. Also be aware of unforeseen capital expenditures which may tremendously impact the cash flow.

Remember that “cash flow is king”, and unless you have deep pockets, always leave a good cash reserve available when required.

Debt Service Ratio Used by lenders to establish the maximum loan amount. As an example, let us suppose the Net Operating Income (NOI) is $100,000.00 and assuming the “Debt Service Ratio” used by the Lender is 1.2 then the following steps will determine the maximum loan amount.

1. - Divide the NOI by the “Debt Service Ratio” ($100,000.00 / 1.2 = $83,333) 2. - Divide by 12 months ($83,333/ 12 = $6,944) 3. – Assuming the monthly interest rate factor @ 6% is 0.00644 4. - Divide interest rate factor into monthly payment of $6,944.00 ($6,944 /.00644 = $1,078,260 Therefore the maximum loan amount will be rounded to approximately $1,080,000.00. This will provide a good guideline as you shop for a mortgage.

As a wise investor, you must learn the real estate language and know all the important formulas in order to be successful and reduce risk.

8171394_3715

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Volume 15 Issue 09

Commercial Real Estate & Business Opportunities

INVESTPRO REALTY LTD.,

VMYSL

BROKERAGE

Specializing in Multi-Residential Listing and Sales

Dino Nicosia, Broker of Record

“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

6 UNITS NEAR MAC UNIVERSITY

FOUR PLAZAS FOR SALE AS A PACKAGE

Hamilton

Great condition and location.

For details visit our website.

Total square feet 147,670.

Net income $1,898,000 per year.

See our website for details.

3715_DJW_2_0067

3715_DJW_2_0050

MIXED USE - 4 UNITS, DOWNTOWN

8 CONDO TOWNHOUSE COMPLEX, EAST HAMILTON

CE

I

W

NE

PR

2 Commercial spaces and 2 large luxury apartments over 2,000 sq ft each. Fully rented with long term leases. For more details visit our website

Great East Hamilton location.

Minutes to Redhill Express.

Can be sold individually.

Large 2 and 3 bedrm condos, with rents below market.

For more details visit our website.

3315_DJW_1_0112

9 UNITS, EAST MOUNTAIN

D ELLE

CANC

Fantastic location. Rare find! Owner is retiring. Rents have great upside.

See our website for details.

W NE ICE PR

SOLD

Great condition and location.

Never any vacancy.

See our website for details.

3715_DJW_2_0052

3715_DJW_0035

12 UNITS, HAMILTON ED AT ON V I NO NS RE MA

COMPLETELY RENOVATED. MONEY

Great condition and location.

Renovated, spotless building.

Never any vacancy.

Safe investment.

Visit our website for details.

W NE ICE PR

6 units, in one of the best locations in Niagara Falls. For details visit our website.

3715_DJW_2_0054

3715_DJW_4_0051

10 UNITS EAST HAMILTON

9558936_3715

www.investprorealty.com

11 UNITS, DESIRABLE EAST HAMILTON

3715_DJW_1_0078

3 COMMERCIAL & 16 RESIDENTIAL, HAMILTON ME SO ES S D ED RA NE UPG

SOLD Near Gage Park and the Red Hill Express.

Great condition. Rents are low with huge upside. It could be purchased with the 10 units. For more details and financials visit our website. 3715_DJW_1_0095

SOLD

Great upside opportunity. East Hamilton near Ottawa St. shopping district. Arrange own financing. VTB Second mtg. Priced for quick Sale. Visit our website for details.

3715_DJW_1_0059

“Ready to invest?...you deserve the best” Please say you saw it in The Commercial Investor

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Volume 15 Issue 09

23

Commercial Real Estate & Business Opportunities

Visit my website

Augie

276 Main St. W. Hamilton, Ontario (just West of Queen St.) L8P 1J8

905-518-6713 Office: 905-522-6001 Cell:

Hamilton

8471320_3715

Ammendolia BROKER

HAMILTON INCOME PROPERTIES HAMILTON DOWNTOWN DEVELOPMENT SITE $1,295,000

2915_DJW_2_0037

2915_DJW_1_0083

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.

HAMILTON CENTRE $1,495,000 - COMMERCIAL/ RESIDENTIAL BLDG. Great location. 12,000 SF - 6

3 STORES + 3 APTS OTTAWA ST

FOR LEASE MAIN ST. Large 1st flr. Commercial space available for various uses. i.e. offices, retail, restaurant, medical offices.

High visibility and traffic flow, corner property with ample parking.

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 2915_DJW_2_0084 SIZE: 107.3 FT X 158 FT.

2915_DJW_2_0085

WELL ESTABLISHED HAMILTON BAKERY (BUSINESS AND REAL ESTATE)

$575,000 In operations for over 60 yrs presently known as Gibson Bakery, fully equipped distributing to major retailers.

Opportunity for new entrepreneur to take business to a new higher level. Close to Sherman Ave N and Barton St. The once "Little Italy" of Hamilton now enjoying new Renaissance of new business and development. Price includes business, equipment & real estate. Owner occupied 3 BR house. Approx. 5,000 sq. ft. Turn key operation.

Great corner location in the heart of Ottawa St. Hot business district. 3 stores plus 3 apts above plus income for Pattison Billboard signs, rear parking. Annual gross income approx $73,000.

2915_DJW_0017

HAMILTON MOUNTAIN COMMERCIAL SPACE FOR LEASE

$800,000

6 UNITS CENTRAL HAMILTON

Charming 6 units bldg in trendy South Central Hamilton near Stinson School Lofts. Tenant pay hydro. On site parking and laundry. Adjacent 6 unit bldg. available for sale as well.

2915_DJW_1_0043

$1,800/MTH Business 15 yrs in this location. Located at Upper Ottawa St suitable for many types of businesses. Office + washroom & 2 storage rms. Total space of approx.

1,100 SF. Tenant pays heat, hydro and water, tax $163 per month, (Pls call Listing Brokerage for more info).

2915_DJW_0100

2915_DJW_1_0078

6 UNITS CENTRAL HAMILTON

$897,900

$800,000

CENTRAL HAMILTON 8 UNIT APT BLDG

Charming 6 units bldg. in trendy South Central Hamilton near Stinson School Lofts. Tenants pay hydro. On site parking and laundry. Adjacent 6 unit bldg. available for sale as well.

2915_DJW_2_0044

$879,900

Charming 8 unit Apt Building on Main St close to Sherman Ave S HUB neighbourhood. 6 - 2 Br and 2 -1 Br Units. Nicely laid out with updated kitchens and baths with breaker panel boxes in each unit.

Rear Tenant parking with on site laundry and Balconies.

Retrofit Compliant and zoned as a purpose built 8 2915_DJW_1_0095 unit building.

LD

SO

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Volume 15 Issue 09

Commercial Real Estate & Business Opportunities

Hamilton

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Mazhar Roshan Sales Representative

905.929.9800

Direct

905.318.3800 24 Hr. Pager 647.609.9463 GTA Direct mazharroshan@sympatico.ca FOR LEASE BRANTFORD 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.

2115_DJW_2_6668

RETAIL STONEY CREEK MOUNTAIN

Located in highly growing neighbourhood on Stoney Creek Mountain next to new Walmart & Financial Institutes, in a plaza with 3310 sq ft retail space available (can be divided). Other tenants include drive thru Tim Hortons, Esso Gas Station, Avondale, Gino Pizza & many more. TMI is estimated 10.00 PSF, immediate possession avail.

4914_DJW_2_0024

HIGH VOLUME CONVENIENCE STORE

BUSINESS OPPORTUNITY

CONVENIENCE STORE AVAILABLE

BUSINESS FOR SALE

BROKERAGE I have qualifi ed buyers for up to $5m in commercial and investment buyers.

Call for details.

Doing approx.. $1M in sales per year. Lottery income extra. Reasonable rent. Long lease.

A money Maker! Great family operation.

East Hamilton location If you are looking to open a nail and massage spa, I have an opportunity to takeover an existing business that would cost less than to open a new business!

Nice set up. All equipment included. Call for details.

Doing $12,000. Per Week. Prime Location.

Call Mazhar for more details.

Well Established restaurant. short hours 8:00 am to 4:00 pm. Doing very well in sales. Real Money Making Business. Lots of potential. Good for family or business minded person. Serious buyers call for detail.

“My Business is to Sell Your Business�

Please say you saw it in The Commercial Investor

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Volume 15 Issue 09

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25

Commercial Real Estate & Business Opportunities

S

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h a r m a

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Larry Szpirglas

e a m

Rick Sharma BROKER

INDEPENDENTLY OWNED & OPERATED

BROKER

info@ricksharma.com

Tel: 905.648.4451 Email: larryszpirglas@royallepage.ca

www.thesharmateam.com

FOR SALE OR LEASE

3715_DJW_0013

STATE REALTY BROKERAGE

905-662-6039 905-574-7441

COMMERCIAL BINBROOK - $29,999

$550,000 LEASE PRICE:

Hamilton

SALE PRICE:

$2,800/MTH

3315_DJW_0006

10339498_3715

In the heart of Binbrook downtown, sits this Dry Cleaning Depot/ Alteration site in a huge Strip Mall consisting of Tim Hortons, Bank, Restaurant & with easy access to Hwys. Very profitable business with positive cash flows. Attractive lease with future renewal options. All chattels included. Call for more details.

See "www.thesharmateam.com" for more.

For

Further inFormation:

EXCELLENT UPPER JAMES LOCATION! • 2 stry retail/office building • high traffic location • 2 parking spaces • 2 washrooms • close to public transportation, Linc, 403, shopping • can be single user or for two tenants

11292618_3715

John hryczynski Broker

(905) email:

REAL ESTATE BROKERAGE CommerCial

John@BBsrealty.com

www.BBsrealty.com

commercial real estate

real estate sales and leasing serviCes RETAIL/OFFICE FOR LEASE 3715_DJW_1_0082

CENTRAL HAMILTON MOUNTAIN Prime Upper James Street Golden Mile location on this power retail corrider, high traffic location with easy access to major highways and residential areas. Busy 81,000 sf Retail Centre with many national destination tenants anchored by Talize, Hockey World & Beer Store. Ideal for most retail/office uses.

Unit 9 - 3,661 sf @ $14.95/sf net & Unit 23 - 19,465 sf (divisable) @ $13 sf/net.

PRIME DOWNTOWN HAMILTON LOCATION Hamilton's landmark building consisting of 220 Residential units and 70,000 sf of offices and retail space w/ underground & convenient adjoining surface parking. Walking distance to the GO Station, court houses and most other downtown core amenities and services. Prime corner location, ground floor Retail/Office Units: 2,006 sf & 2,604 sf (divisible), economically priced, asking $14.95/sf GROSS and corner retail unit - 1,817 sf asking $15.95/sf GROSS. Economically priced, immediate possession.

BUILDING & BUSINESS FOR SALE

RETAIL/OFFICE FOR LEASE

RETAIL/OFFICE FOR LEASE

DOWNTOWN HAMILTON DISTRICT A well established popular restaurant & building for sale with 2 commercial units and potential to renovate the vacant 2nd & 3rd floors to residential units. Excellent exposure and corner location with patio in the heart of the resurging International village district in the downtown core. Ideal for a future mixed use redevelopment site. Seller may lease back and may offer a possible VTB. Asking $1,099,000.00

3715_DJW_2_0066

EAST HAMILTON MOUNTAIN A first class busy regional retail complex, anchored by Metro Food, Shoppers Drug Mart, LCBO, department stores, banks & other retailers w/tremendous parking capacity. Unit 9 - 13,390 sf: retail space ideal for a fashion, Dollar, furniture store or other uses, asking $16.95/sf net; Unit 29 - 1,520 sf: current bar/ restaurant use ideal for same or most other retail/office uses.

Unit 7 - 4,036 sf, ideal for most retail, immediate possession.

3715_DJW_2_0089

3715_DJW_2_0083

RETAIL/OFFICE FOR LEASE

3715_DJW_2_0062

RETAIL/OFFICE FOR LEASE

529-5900 x 240

EAST HAMILTON Attractive neighbourhood retail plaza in the heart of a high population mixed density res. area. Easy access to Red Hill Expressway. Units sizes vary from 786 - 6,800 sf with rental rates Economically priced from $9.95 - $13.95/sf net. Ideal for most retail/office uses. Landlord may assist with improvements.

Abundant parking. Immediate possession.

170 SILVERCREEK PARKWAY NORTH, GUELPH Located on a major arterial road across from Willow West Mall.

Many national tenants on this power retail strip. Unit 2 - 2,151 sf, former variety store, asking $13.95/sf and Unit 7 - 4,550 sf asking $12.95/sf, unit divisible from 1,250 sf, rates vary on size. Ideal for most retail or other uses, landlord may assist with improvements.

Immediate possession, loads of parking. Bonus fee to agent.

Please say you saw it in The Commercial Investor

COM_3715.indd 25

2015-09-11 3:37 PM

inthenews

BANK OF CANADA MAINTAINS OVERNIGHT RATE TARGET AT 1/2 PER CENT

T

he Bank of Canada recently announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

Inflation has evolved in line with the outlook in the Bank’s July Monetary Policy Report (MPR). Total CPI inflation remains near the bottom of the target range, reflecting year-over-year price declines for consumer energy products.

Core inflation has been close to two per cent, with disinflationary pressures from economic slack being offset by transitory effects of the past depreciation of the Canadian dollar and some sectorspecific factors. The dynamics of GDP growth in Canada outlined in July’s MPR also remain intact. The stimulative effects of previous monetary policy actions are working their way through the Canadian economy.

Canada’s resource sector continues to adjust to lower prices for oil and other commodities, with some spillover to the rest of the economy. These adjustments are complex and are expected to take considerable time. Economic activity continues to be underpinned by solid household spending and a firm recovery in the United States, with particular strength in the sectors of the U.S. economy that are important for Canadian exports.

COM_3715.indd 26

Increasing uncertainty about growth prospects for China and other emerging-market economies, in contrast, is raising questions about the pace of the global recovery. This has contributed to heightened financial market volatility and lower commodity prices.

Movements in the Canadian dollar are helping to absorb some of the impact of lower commodity prices and are facilitating the adjustments taking place in Canada’s economy. While the overall export picture is still uncertain, the latest data confirm that exchange rate-sensitive exports are regaining momentum.

Meanwhile, risks to financial stability are evolving as expected. Taking all of these developments into consideration, the Bank judges that the risks to the outlook for inflation remain within the zone for which the current stance of monetary policy is appropriate. Therefore, the target for the overnight rate remains at 1/2 per cent.

Information note: The next scheduled date for announcing the overnight rate target is 21 October 2015. The next full update of the Bank’s outlook for the economy and inflation, including risks to the projection, will be published in the MPR at the same time.

2015-09-11 3:37 PM

NewSe

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SECTION COVERING: Ajax Alliston Bowmanville Bradford Bolton Burlington Brampton Concord Durham Region

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GTA

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

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NewSectionPages_FullColor2015.indd 7 COM_3715.indd 27

2015-03-19 3:47 PM 2015-09-11 3:37 PM

28

Volume 15 Issue 09

Commercial Real Estate & Business Opportunities

#

Commercial Team In Canada! *

Brokerage Independently Owned And Operated ** +

**

www.PBcommercialteam.com ** Sales Person

+

Broker

TORONTO WEST APARTMENT BUILDING

HULLMARK CENTRE OFFICE SPACE C EX

LU

SI

VE

NL Y

LU

VE

PR

IN

CI

PA L

SO

C EX

SI

Greater Toronto Area

Premium office space at Tridel’s new Hullmark Centre at Yonge & Sheppard! Approx. 916 gross Sq. Ft. with floor to ceiling windows overlooking Yonge St. and underground access to two subway lines! For Sale! Call for pricing!

Attention Investors! A 96 unit, low maintenance apartment building located in a superb West Toronto location. Sitting on over 2 acres this practically runs itself and with rarely any vacancy! $13,250,000

PRIME MISSISSAUGA AUTO LOCATION

OFFICE SPACE! DON MILLS / LAWRENCE

YOUR BUSINESS HERE

• • • • •

Stunning 3383 Sq. Ft. office space in rarely offered, modern class ‘A’ office building at prime ‘Shops At Don Mills’ location! Current medical office w/hundreds of thousands in superb leaseholds. Can be used for any professional use; tons of windows/great views!. $18.95/Sq Ft. Net

WORLDWIDE TROPHY ASSETS!

PRINCIPALS ONLY

Downtown Manhattan skyscraper! Both comm & retail space: $975M Las Vegas, NV casino! 21 floors on approx. 37 acres $475M Brooklyn hotel, popular hotel chain, over 320 rms $169 M Las Vegas, NV hotel / casino over 3,800 rms, 80% complete $470M NY City hotel, 140 rms, 3 star asset, approx. 5% CAP $103M

11276658_3715

Turn-key 4,354 Sq Ft automotive operation in modern high traffic Mississauga Plaza! Previous Goodyear location at busy Dundas/Mavis intersection. Beautiful exterior w/ amazing street exposure! Large reception/sales area, huge garage w/ 19+ft ceilings, large mezzanine, 3 front bay doors & 3 rear bay doors! $23.50/Sq. Ft. Net

www.PBcommercialteam.com | Team@PBTeam.com 5071 Highway 7 E., Markham ON L3R 1N3 *Based on Re/Max Canada commissions in 2014 1st Q

All Listings are MLS unless otherwise noted. Not intended to solicit clients already under contract.

Please say you saw it in The Commercial Investor

COM_3715.indd 28

2015-09-11 3:37 PM

Volume 15 Issue 09

29

Commercial Real Estate & Business Opportunities

Sales Representative

RE

DU

CE

D

181 VALENCIA ROAD, OSHAWA Purchase Price $309,000 Calling all Landscapers/Tow truck operators, Ideal home based property. Close to 401 in Oshawa. Large driveway, heated 32 ft x 16 ft Shop/Garage. Lots of parking. 1+1 bedroom raised bungalow w/office (could be 3rd bedroom).

3 bathrooms, updated ensuite, large kitchen & living/dining room. Fin. bsmt with rec room w/dry bar & gas fireplace, bedroom & 3 pc bath. Lot size 60 ft x 215 ft.

11298089_3715

ATTENTION: Investors & Developers

$2,850,000

$2,400,000

$950,000

Greater Toronto Area

Graham Cosgrove

11297411_3715

cell: 905-449-7591 office: 888-966-3111 www.onepercentrealty.com

3715_DJW_0017

9.2 Acre Residential Redevelopment Site • City of Oshawa, Harbour District • Power of Sale by the First Mortgagee • Asking: $950,000 ($103,261 per acre) • 156 Units Proposed Development Concept • Offers will be reviewed as received

Pierre Gagné, Broker of Record

416.955.1885 PGagne@PetrusRealty.ca Petrus Commercial Realty Corp. Brokerage 11287059_3715

Please say you saw it in The Commercial Investor

COM_3715.indd 29

2015-09-11 3:37 PM

30

Volume 15 Issue 09

Commercial Real Estate & Business Opportunities

SkyViews

How to Start a Preventive Maintenance Program

by Emma Finch The question of how to start a preventative maintenance (PM) program is extremely common and for good reason.

With budgets tight and workers stretched thin, PM has become a nice to have instead of a must have for many organizations. Many operations and maintenance crews er knowing what major equipment failure will occur next.

It can be daunting for these crews to think about trying to shift to a more proactive workload.

Best practices suggest that 30 percent of all work should be preventative and 90 percent of work orders should be generated by PM inspectations. Sounds good, but again, how does a team move from little to no proactive work to spending nearly a third of its time on proactive work?

First off, be assured that increasing the overall percentage of preventive maintenance is an achievable target for any operations and maintenance team. The key is to transition increments.

Greater Toronto Area

Start by focusing on one mission critical system, such as the HVAC. Set up maintenance schedules based on manufacturer guidelines and warranty conditions. As a bonus, cleaning and inspecting HVAC equipment’s various parts can reduce the energy costs associated with the system by up to 50 percent.

Once routine maintenance schedules are established for one system, move on to another critical system, such as the roof. Again, set up maintenance schedules, documenting current conditions for future reference. An effective PM program can extend the life of a roof system by years and ensures that, as the roof reaches the end of its life, it can be replaced as a scheduled event rather than in an emergency situation.

Creating schedules for these two systems alone can usually move a workload close to 20 percent proactive maintenace. Continue on in this way to build PM schedules for all systems. Concentrating on one system at a time builds a PM program at a comfortable speed, which allows the team to get used to a certain level of scheduled work before more in introduced. As PM schedules are established for each system, reactive work will start to decline as problems that may have cropped up later, in a bigger capacity, are caught early.

Implementing a comprehensive PM program takes time, but for those functioning in mostly reactive environments, making small changes means less chaos to deal with on

a daily basis and more time to focus on proactive work.

Research supports the 80/20 rule in facilities: 80 percent of a facilty’s maintenance issues can be addressed by performing preventative maintenance on only 20 percent of the facility’s systems, so starting with the major systems can greatly reduce the emergency workload.

Another consideration for a PM program is whether a maintenance crew can be dedicated solely to emergency work while the rest of the crews spend their time on proactive activities. It’s common for all technicians to be available to handle reactive work. While that can be a suitable approach, it can also lead to confusion.

A crew may not be prepared for a call when it comes in, or the crew may have to stop work on something that’s more important in the long term but less so in the immediate moment. Think about travel time too because that’s one of the biggest drawbacks of a highly reactive work environment: the amount of time spent travelling from one

If the maintenance team isn’t big enough to devote multiple people to reactive work, then think about designating one person as the go-to reactive worker so that everyone else can continue on with preventive activities. Team members can take turns serving as the go-to reactive worker so that everyone builds experience with both reactive and proactive maintenance work. The result is a stable schedule for team members doing PM that leaves team members available to respond to situations that require immediate attention.

So, how do you implement a preventative maintenance program? One system at time. It’s a process that starts with small steps and requires consistency and patience.

Consider this: studies indicate that 70 to 85 percent of equipment failures are self-induced, meaning their cause can be traced back to improper maintenance practices.

so far outweigh the consequences of not doing it that, for an organization to ensure optimal equipment life at minimal cost, it’s absolutely a must have. A full PM program is not beyond the reach of any team. The sooner the process

By Emma Finch Marketing Programs Manager at Facility Dude www.facilitydude.com Originally published in Canadian Faciltiy Management and Design

8647857_3715

Please say you saw it in The Commercial Investor

COM_3715.indd 30

2015-09-11 3:37 PM

Volume 15 Issue 09

Givalas Real Estate 8973548_3715

31

Commercial Real Estate & Business Opportunities

Brokerage

Nick Givalas Broker of Record

Ltd.

(905) 479-4436

email: ngivalas@trebnet.com

3315_DJW_0062

WOODBRIDGE PLAZA First time offered! 5 retail stores and 10 2 bedroom Apartments.

Renovated. Good income. Prime Hwy 7 location. Don't miss out!

Serious inquiries only. Exclusive listing.

Exclusive ASKING $2,700,000 Freestanding building. Approx.

4,000 sq ft on about 1 acre of land in prime downtown Ajax.

Room for expansion. Tenant on a net lease. Good investment opportunity! Serious inquiries only.

Exclusive

Greater Toronto Area

3315_DJW_2_0075

INVESTMENT PROPERTY FOR SALE

ASKING $1,395,000 3315_DJW_2_0060

FOR SALE OR LEASE 557 KING ST. E., OSHAWA

SOLD AL N O I T I OND

C

Prime Highway 2 location in Oshawa.

Almost one acre. Freestanding building over 5000 square feet with fully equipped restaurant.

Ideal for any type of business on busy King Street. The property includes the rear lands to the East of the neighbouring property for additonal parking with access from Athol Street. Great investment or development site beside Royal Bank.

ASKING $1,395,000 FOR LEASE $16.00 SQ. FT. NET

INVESTMENT PROPERTIES WANTED! We are currently looking for investment properties from $2,000,000 to $20,000,000.

Within one hour of the GTA, from retail strip plazas, multi-residential units and highrise apartment buildings

Our Family has been in the Real Estate Business since 1955 and has a large client base for these type of properties.

Call to discuss the potential sale of your property now or in the near future Please say you saw it in The Commercial Investor

COM_3715.indd 31

2015-09-11 3:37 PM

Volume 15 Issue 09

Commercial Real Estate & Business Opportunities

Colin Mortell

Brian Mortell

Sales Representative Email: colinmortell@yahoo.com

Broker of Record/Owner Email: bmortell@rogers.com

DBM REALTY LIMITED, BROKERAGE 49 HIGH STREET UNIT 305A BARRIE ON L4N 5J4 OFFICE: 705-737-3271 | FAX: 705-726-9183

7958 YONGE STREET

3354 INNISFIL BEACH ROAD

TOWN OF INNISFIL

3715_DJW_0005

70 YONGE STREET

$6,000,000

23 BERTRAM INDUSTRIAL PARKWAY

TOWNSHIP OF SPRINGWATER

Greater Toronto Area

$670,000

TOWN OF INNISFIL

Exclusive Listing √ For sale, build to suit or for lease √ Located in the Village of Stroud just South of Barrie with Yonge Street Frontage √ AADT between 12,000 - 14,000 √ Call for details on lot sizes, development proposal and zoning √ Site is designated for a wide variety of commercial uses including Retail, Restaurant, Drive-Through, Hotel, etc.

$800,000/acre

TOWNSHIP OF SPRINGWATER

√ 7.29 acres total available √ Property is a 'Gateway' Property for Elmvale and is adjacent to Tim Hortons √ AADT is in excess of 10,000 per day √ Zoning is currently split between General Commerical, Tourist Commercial, Residential and EP MLS 1405937

11297156_3715

32

$1,500,000

√ 3.87 acres √ The building consists of 7600 SF Shop/ Warehouse (5 grade doors, mechanics bay with pit, waste oil burner), 1400 sf, office space (4 separate offices, a kitchen, reception area). 1400 sq ft mezzanine. √ Zoned general industrial with outside storage MLS 1500789

FOR SALE - LONDON

√ 31.76 acres available √ Located in Innisfil Heights Business Park √ IBP Zoning allows a variety of uses including Retail use, Hotel, Financial Institution, Contractors Yard, Office, Manufacturing.

Motor Vehicle Service Station √ Planning Report available upon request MLS 1500434

INDUSTRIAL PARKWAY

TOWNSHIP OF SPRINGWATER

$105,000 /PER ACRE

√ Individual lots available at sizes of 2.57, 3.03 and 3.14 acres or total of 8.7 acres √ Property is 10 min north of Barrie and cleared, level and ready for development. √ Zoned General Industrial with outside storage MLS 1503236

AT T E N T I O N DOCTORS DAYCARE PROF, RETAILERS, FINANCIAL SERVICES

Possible future rental space on second floor.

Priced To Sell!! Free Standing Building Currently Occupied

By Owner. Approx Finished Sq. Ft. Main Floor 1665 Unfinished Leasable Space In Rear Of Building With Separate Entrance & Approx 1000 Sq Ft Of Unfinished Leasable Space On Second Floor. Zoned Rrc1Zoning Allows For The Following Uses: Convenience Store, Day Care, Financial, Medical Office, Service Office, Photo Studio

$209,900 905-691-7861

1-877-306-4776

Andrew Casale

Sales Representative acasale@sympatico.ca

11299495_3715

Please say you saw it in The Commercial Investor

COM_3715.indd 32

2015-09-11 3:37 PM

Volume 15 Issue 09

ATTENTION INVESTORS

}

Do you have children attending the University of Western Ontario?

CALL FOR MY EXPERTISE IN THE AREA OF STUDENT HOUSING OPPORTUNITIES NEAR THE UNIVERSITY OF WESTERN ONTARIO & FANSHAW COLLEGE. TAKE ADVANTAGE OF MY KNOWLEDGE OF THE CITY OF LONDON BY-LAWS & RENTAL LICENCING.

NELSON CONROY 519-672-9880

nelsonconroy@royallepage.ca

Greater Toronto Area

Sales Representative

London South - 334 Wellington Road S, N6C 4P6

11294169_3715

11299343_3715

33

Commercial Real Estate & Business Opportunities

Please say you saw it in The Commercial Investor

COM_3715.indd 33

2015-09-11 3:37 PM

34

Volume 15 Issue 09

8975448_3715

Commercial Real Estate & Business Opportunities

$1 ,7 00 ,0 00

$2 ,0 00 ,0 00

$2 ,2 98 ,8 00

$2 ,5 00 ,0 00

Sam McDadi Real Estate Inc., Brokerage

00 $6

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Great investment opportunity on a Multi use property on a huge lot with fabulous central intersection. Currently parking for 50 vehicles. Commercial leased by a physician & a pharmacy.

H zoning.

3715_DJW_2_0007

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Newly renovated nightclub accomodating 1,400 people. Turn key operation. Rent incl TMI $25,250.

Leave available 5+5.

3715_DJW_1_0006

50

Greater Toronto Area

Live and work on 1 acre in Norval.

Charming farm house with a 4 bay garage/auto shop.

,0

00

00 ,0 50 ,0 $1

$1

,2

50

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Free standing 13,000 sq ft warehouse Prime Streetsville location. C4 zoning. Incredible opportunity to own a high Rare commercial building plus 8 ideally located in one of the busiest 2 retail units + 2 apartments with end luxury spa. State of the art facili- residential units. Downtown Guelph & corridors of the GTA. E2 zoning allows parking for 4. Great curb appeal. ties. You will not be disappointed. steps to city hall & the transport hub. for many usage.

3715_DJW_0014 3715_DJW_2_0003 3715_DJW_4_0004 3715_DJW_1_0030

,9 $1

49

33 $2

Prime location with easy access to all Great Canadian Franchise located in a major highways. Approx. 1,900 sq ft. 2 very busy Shopping mall. Great traffic baths, low maintenance fees. & solid income.

3715_DJW_1_0015

00

00 ,3

00 ,0 50 $2

$3

59

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Large warehouse. Use as an industrial High traffic plaza close to the airport.

Be a part of a one stop home improve- Established restaurant. Turnkey operaunit or convert into 5 separate dwell- Over $125K in upgrades. Tons of ment centre. Close to major highways. tion. LLBO licensed and seats 150 ings. Adjacent 60 x 165 lot included parking.

Huge potential. patrons plus 70 on the patio. in price.

3715_DJW_0015 3715_DJW_3_0007 3715_DJW_0016 3715_DJW_3_0018

Established Marble/granite sales, installation & service business. High and Skema logic cutting machine.

Mediterranean restaurant and Sheesha bar. Seats 120 patrons. LLBO. 5+5 lease. Rent 5K incl TMI & HST.

3715_DJW_1_0034

3715_DJW_2_0006

3715_DJW_1_0035

Please say you saw it in The Commercial Investor

COM_3715.indd 34

2015-09-11 3:37 PM

35

Commercial Real Estate & Business Opportunities 10929735_3715

Volume 15 Issue 09

3715_DJW_0020

Your clients will be impressed! Fully renovated by the Artichect Owner in 2009/10 & meets all accessibility requirements for new buildings. This Century building stands out among the rest in the heart of downtown Alliston's High-Traffic Business core as a sleek, modern structure with one of a kind features and furnishings. $499,999 Maggie MacMurchy* or Marilyn MacMurchy* 1-877-435-4336 3715_DJW_0022

Long established, very successful + profitable family run retail new and used sporting goods store. One of the busiest Plazas in Alliston. 2 retails units totalling 2400 sqft + Mezzanine area. Great opportunity in growing town anchored by Honda.

Business and property sold as package or separately. $699,000 Jeff Hummel* or Alyea Hummel* 1-877-435-4336.

3715_DJW_0021

100 acre vacant land in South Bradford/West Gwillimbury! Approximately 77 acres workable with balance excellent hardwood mature bush. No severances. In area of productive farms near Hwy 9 & 27. $2,175,000 Marc Ronan*** 1-888-936-4216

Greater Toronto Area

Beautiful, partially cleared building lot, approx. 4.13 acres on a paved road. Minutes to Shelburne & 1/2 hour from Alliston. Mixed bush offers complete privacy. Asking $160,000 Ingrid McNeill* 1-877-435-4336

3715_DJW_0023

Holland Marsh! 7 acres of rich & fertile soil with access to Schomberg River. Add to your existing land base or investment. Home farm also for sale on 16 acres. See MLS #N3193247. $299,800 Marc Ronan*** 1-888-936-4216

3715_DJW_0024

20 acre parcel in Central Adjala Township backing onto residential in Loretto. Build your dream home. Approx. 425 Road Frontage with natural gas at road. 10 minutes to Palgrave, 20 minutes to Bolton. Great building site with ravine area at Rear West Boundary. Premium lot, location. $399,900 Marc Ronan*** 1-888-936-4216 3715_DJW_0025

15 acres - Urban Industrial Zone, 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 may divide. $250,000 per acre. Marc 3715_DJW_0026 Ronan*** 1-888-936-4216

93 acre development parcel abutting residential development in New Lowell.

Approximately 88 acres workable land. Located inside the Development Boundary Expansion area. Large GTA Developer in same area. $1,700,000 Marc Ronan*** 3715_DJW_0027 1-888-936-4216

Please say you saw it in The Commercial Investor

COM_3715.indd 35

2015-09-11 3:37 PM

trebreport

GTA REALTORS REPORT commercial market figures

T

oronto Real Estate Board President Mark McLean announced that TREB Commercial Network Members reported a combined 193,443 square feet of leased industrial, commercial/retail and office space in August 2015. This result represented a large decrease compared to August 2014. The industrial market segment continued to account for the majority of square footage leased, but the share was much lower than usual, at 57 per cent compared to a more normal 70-plus per cent.

There was a combined 48 industrial, commercial/retail and office sales reported in August 2015. This result represented a decrease from 57 sales reported in August 2014. Average sale prices reported on a per square foot basis for transactions with pricing disclosed were up for the industrial and office segments and down for the commercial/retail segment. For the industrial segment in particular, a lack of large property transactions contributed to the high average price increase, because larger properties generally sell for less on a per square foot basis.

For properties leased on a per square foot net basis with pricing disclosed, average lease rates were up for industrial and commercial/retail properties, to $6.19 and $22.82 respectively compared to $5.79 and $16.14 in August 2014.

It is important to point out that in both of these market segments there were fewer transactions for larger properties compared to last year, which had a compositional impact on average lease rates. The average lease rate for office properties was down slightly to $12.53 from $12.95 a year earlier.

“On a month-to-month basis the number and size of commercial transactions can be volatile simply because many of the deals are more complicated and can take time to get done. With this said, it is also important to note that economic growth in Canada has been down for the last two quarters, which could have prompted some firms to put their property investment decisions on hold,”said Mr. McLean.

“Looking forward, the hope is that the lower value of the Canadian dollar vis-à-vis the US will prompt greater demand for goods and services produced in the GTA from south of the border. This could lead to some companies to expand their operations,”continued Mr. McLean.

COM_3715.indd 36

2015-09-11 3:37 PM

AUGUST 2015: ALL COMMERCIAL LEASE TRANSACTIONS: Per Square Foot Net Commercial Leasing Summary Lease Transactions Completed on a Per Square Foot Net Basis with Pricing Disclosed on Toronto MLS

Leased Sq. Ft. (Price Disclosed, Per Sq.Ft. Net) August 2015

August 2014

% Change

Industrial

110,414

415,998

-73.5%

Commercial

44,661

59,287

-24.7%

Office

38,368

43,544

-11.9%

Total

193,443

518,829

-62.7%

August 2015

August 2014

% Change

Industrial

$6.19

$5.79

6.9%

Commercial

$22.82

$16.14

41.4%

Office

$12.53

$12.95

-3.2%

Avg. Lease Rate

AUGUST 2015: Commercial Sales Completed with Pricing Disclosed on TorontoMLS Sales (Price Disclosed) August 2015

August 2014

% Change

Industrial

15

20

-25.0%

Commercial

26

21

23.8%

Office

7

16

-56.3%

Total

48

57

-15.8%

August 2015

August 2014

% Change

Industrial

$117.77

$83.03

41.8%

Commercial

$159.76

$171.31

-6.7%

Office

$357.93

$276.98

29.2%

Avg. Sale Price Per Sq. Ft. (Pricing Disclosed)

COM_3715.indd 37

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38

Volume 15 Issue 09

Commercial Real Estate & Business Opportunities

William Hicks SALES REPRESENTATIVE

BURLINGTON, OAKVILLE, MILTON, HAMILTON OFFICE, INDUSTRIAL, RETAIL 3315_DJW_1_0061

3315_DJW_0014

G

TIN

W

NE

LIS

INDEPENDENTLY OWNED & OPERATED BROKERAGE 3315_DJW_1_0023

williamhicks@royallepage.ca

OFFICE: 905-335-3042 Ext 579

BURLOAK REAL ESTATE SERVICES BROKERAGE

FOR LEASE

OFFICE/RETAIL SPACE

Quiet charming office space located in West Burlington directly beside the Royal Botanical Gardens. Gross lease of approx.

1,050 sq. ft. split over two floors.

The space boasts nice natural light with a warm and inviting feel. Kitchenette on the second floor with washrooms on both first and second floors.

Space well suited for destination business.

Very warm and inviting office space with 24/7 direct access. Located in a small busy plaza in designated growth area of Burlington. Plaza tenants include a dentist, chiropractor, government medical agency, fish market and fishing equipment outfitter. Great space for doctors office, walking clinic, accountant, professional office and retail possibilities. 1,522 sq. ft. with fresh offices and welcoming reception area.

Call William for additional details.

Greater Toronto Area

FOR LEASE Three suites available in the Burlington Mall Office Galleria, ranging from 2,263 sq.ft. - 6,761 sq.ft. with the potential of combining all three for 15,712 sq.ft.

Great class A lease rate of $12.00 Net. Call or email William for floor plans and T.M.I.

Information provided by owner and is not warranted by Royal LePage Burloak Real Estate Services Brokerage. Subject to change without notice.

11287063_3715

416-665-2020

stassone@trebnet.com www.oakwoodrealtycorp.com

Oakwood Realty Corporation REAL ESTATE BROKER

SAM TASSONE Broker of Record OWNER

11299534_3715

CALEDON

BRAMPTON

12.5 acres the Gore Road and Mayfield.

Park your money and watch it grow! This site features a 2 bedroom bungalow currently rented and updated barn.

50 acres Bovaird and Winston Churchill.

Unique development opportunity with 8000 square foot building, excellent site for a person with a vision.

$4,950,000

3315_DJW_0054

NIAGARA FALLS

$1,495,000

VAUGHAN

$429,900 Two stores, open air patio and one apartment. Great income and upside located in up and coming area of Niagara Falls 3315_DJW_0056

For lease 900 square feet plus basement in busy Vaughan Plaza this unit would suit most commercial and office uses.

3315_DJW_0057

3315_DJW_0055

PRESTON ONTARIO

Former drive in theatre situated on 17 acres, continue the past use or rezone to 14 one acre residential building lots.

3315_DJW_0058

Please say you saw it in The Commercial Investor

COM_3715.indd 38

2015-09-11 3:37 PM

Volume 15 Issue 09

39

Commercial Real Estate & Business Opportunities

The Direct Source For All Your Mortgage Needs Providing Financing for Commercial and Residential Properties Residential Mortgages (1.95% 5 Year Variable) Private Funds from 5.99% - Bad Credit, No Income Verification OK 1st and 2nd Mortgages 0% Down Payment Residential Purchases Greater Toronto Area

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40

Commercial Real Estate & Business Opportunities

Volume 15 Issue 09 11265283_3715

Igor Chouminov President, Broker of Record

416.877.0326 igor@paiirealty.com

PAII REALTY INC.

Brokerage

INVESTMENT AND DEVELOPMENT REAL ESTATE

ESTATE LOTS FOR SALE Prestigious

Modern Design: 15 Unit Townhouse Site, 2000 sf average size, 3 storey, large backyards, upscale neighborhood. Walking distance to shopping, schools, and transport.

Priced at $4,500,000

1715_DJW_2_0102

On Exclusive & Private Street Lot Prices Starting at

$1.2 Million

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• Exclusive Street in Richmond Hill.

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COMMERCIAL AND RESIDENTIAL PROPERTY FOR DEVELOPMENT SITE PLAN APPROVED PROJECTS RETAIL PLAZAS AND OTHER INVESTMENT PROPERTIES INVESTORS FOR REAL ESTATE PROJECTS ACROSS THE GTA!

businesssavvy

DRIVEN TO LOCATE NEAR RAPID TRANSIT - Colliers Report

C

olliers International’s Report on GTA Rapid Public Transit Infrastructure finds a relationship between success of commercial real estate and its proximity to rapid transit, as businesses are now demanding their offices be close to accessible, rapid public transit systems.

“Simply put, the message to developers, landlords and businesses is very clear,” says John Arnoldi, Colliers International’s director in Toronto.“The GTA office markets with more than 60 per cent of their total office space within 400 metres or walking distance of rapid transit have a higher average rental rate and lower average vacancy rates than the rest of the GTA. Employees have spoken: they want to work within walking distance of where they can take transit to – they no longer wish to drive.”

The Colliers report was an extensive analysis of office leasing and transportation within the GTA. This report presented initial findings of Colliers’ larger analysis of the unique relationships that exist between the current/future rapid public transportation infrastructure within the GTA and the commercial real estate industry. Findings predict t future transit projects could increase competition within the office leasing and investment landscape in the GTA, particularly

in the untapped GTA West (Airport Corporate Centre) and around the Don Mills/Eglinton area.

Results show office buildings within walking distance to rapid transit have continually experienced steady positive absorption, and office markets near rapid transit are seeing higher asking rental rates, lower vacancy rates and faster pre-leasing cycles. Most important to building owners is office tenants’ willingness to pay higher rents for office space close to rapid transit. This is a notable bottom line reality owners and landlords must begin to pay attention to in the next decade.

This Colliers report also shows while office space that is accessible to rapid public transit is performing well, partially because demand is outpacing supply, , the message to developers is that office leasing tenants and commercial real estate purchasers are continually increasing their demand for properties within the GTA that are close to rapid public transit.

Colliers International Group Inc. is a global leader in commercial real estate services with more than 16,300 professionals operating from 502 offices in 67 countries. With an enterprising culture and significant insider ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. For the latest news from Colliers International, visit Colliers.com, or follow on Twitter: @ColliersIntl and LinkedIn.

Please say you saw it in The Commercial Investor

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NewSe

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION COVERING: Barrie Collingwood Muskoka North Bay Kawartha Lakes Midland Meaford Paisley Parry Sound

CENTRAL ONTARIO

CENTRAL ONTARIO Orillia Owen Sound Sudbury Walkerton Midland Meaford Kawarttha Lakes Muskoka North Bay

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca

NewSectionPages_FullColor2015.indd 9 COM_3715.indd 41

2015-03-19 3:47 PM 2015-09-11 3:37 PM

investoradvice

WHAT RENTERS REALLY WANT

Five things condo investors should look for

Y

our investment condo is only useful to you if you can find tenants to rent it out and put cash back in your pocket. Shopping for a condo from the perspective of a landlord is different than shopping as a homebuyer. Yes, you have to like it. But more importantly, renters have to want it.

With an eye toward what will draw the most quality tenants, here are my top five most “rentable”qualities to look for:

3. EXTENSIVE AMENITIES. While some renters prefer a smaller building with little or no amenities, most would choose a building with plenty of amenities over one without.

Topping the list? A good gym.

4. FLEXIBLE FLOOR PLAN. Floor plans that allow for different uses of the space – for example a den that could double as a second bedroom or a home office – will open up your unit to a larger pool of potential renters.

5. WINDOW COVERINGS. This seems like a small thing, but something that is very important to tenants. Invest in a good set of window coverings and your unit will be more attractive to tenants and will rent out faster.

1. CONVENIENT LOCATION. Renters today more than anything are concerned about having a location that is convenient to work, shopping and pubic transit.

Buy near these three, and you will have a winner.

2. AFFORDABLE PRICE. Following location, the thing that renters look at most closely is cost. The lower the price, the more potential tenants you’ll attract. Keep in mind that most renters aren’t looking for spare rooms and fancy finishes. Buy small and buy cheap.

COM_3715.indd 42

Andrew la Fleur is an award-winning Realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Check out his blog at truecondos. com. Contact Andrew at 416.371.2333 or email andrew@truecondos.com

2015-09-11 3:37 PM

Volume 15 Issue 09

43

Commercial Real Estate & Business Opportunities

VIEW OUR MAGAZINES ON ANY

DIGITAL DEVICE anytime, anywhere!

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www.temrealestate.com

NEW LISKEARD BUSINESS OPPORTUNITY.....

3315_DJW_0160

Now you can view all Commercial Investor magazines online using any smartphone, tablet or desktop device.

THECOMMERCIALINVESTOR.CA Published by

3315_DJW_0161

Stutzmans Woodcraft is now available. This solid, well established business has earned a reputation for quality and service in the cabinet making industry, and this is a rare opportunity to step in and continue the rich tradition with this turn key operation. The well maintained building contains an office space, showroom and storage in addition to the spacious, fully equipped work shop. Since the owners are moving out of the area, a nearby farm and home will potentially be available also. Further details with confidentiality agreement. $460,000.

Central Ontario

Sales Representative bill-byers@coldwellbanker.ca

TEMISKAMING REALTY LTD.,

COMMERCIAL/RESIDENTIAL 5 Units - 1 Com & 4 Res downtown New Liskeard. Always rented, long term tenants. Parking. MLS 150941.

COBALT Large solid block 4739 sq' building downtown. Former Grocery Store, recently used for storage by Mining Company.

Many possible uses here. Asking only $64,900. MLS 152021 3315_DJW_1_0042

GAS STATION Large Commercial Building 4285 sq’ on the main Street in Elk Lake (Hwy # 65 & 560) across from the Montreal River.

Vacant, former gas station, restaurant, repair shop with hoist & owners apartment (not finished). Asking $199,900. MLS 152302

E IC PR 900 , W NE 279 $

GOWGANDA Renovated home on 2.66 acres with 5 unit motel being converted into an apartment & 3 storage units. Lots of room and potential here with no zoning or building permits required (unorganized) Between Gowganda Lake & Small Lake almost completely surrounded by crown land. Asking $149,900.

MLS 150948 3315_

3315_DJW_0040 3315_DJW_3_0004

LCBO & GAS BAR Great turn key business on Hwy #65 West, in Kenabeek.

Includes Gas & Diesel, Variety Store, LCBO, Lotto, Bottle return, Post Office, large 5 bedroom apartment, garage all on 1.47 acres. Lots of potential here for variety of uses with no zoning. Asking $259,900. MLS 152104

3715_DJW_2_0033

New Liskeard, Northern Ontario

3315_DJW_0041

www.temiskamingrealty.com 1-866-557-1110 705-647-1110

BROKERAGE

E IC PR 900 , W NE 299 $

8313781_3715

Bill Byers

HIGHWAY #11 Great location for visibility & access. Surrounded by Hwy #11, #569 & Development Road. Fully fenced & graveled 2.34 acre property with 3 gated entrances. 40' x 60' 3 year old well insulated shop with office & storage. Lots of potential with general Industrial Zoning 9 miles north of New Liskeard. MLS 140081

Please say you saw it in The Commercial Investor

COM_3715.indd 43

2015-09-11 3:37 PM

EASTERN ONTARIO

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

EASTERN ONTARIO SECTION

COVERING: Lindsay Peterborough Port Hope Bowmanville

Cobourg Trenton Belleville Kingston Northeastern Ontario

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca

NewSectionPages_FullColor2015.indd 12 COM_3715.indd 44

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Volume 15 Issue 09

45

Commercial Real Estate & Business Opportunities

Dee Abrams

Mary-Jane Donahue

S A L E S R E P R E S E N TAT I V E

S A L E S R E P R E S E N TAT I V E

dee@remaxquinte.com abramsdee@yahoo.com Cell:

mariejanedonahue@hotmail.com

Quinte Ltd., Brokerage* * Each office Independently Owned & Operated

613-847-5907

Office: 613-969-9907

INDUSTRIAL - FOR LEASE & SALE

TOWING & AUTOMOTIVE SERVICES

8,100 sq. ft. industrial divided into 1 residential and 4 commercial units.

One unit of 2400 sq ft. with an apartment on top. Income consists of 5 units. 18' ceilings, 12' overhead doors, 240V 400 amp 3 phase, brand new gas furnace, 3 year old roof, freight elevator available.

Ample parking spaces. Suitable for retail/office/manufacturing. Asking $499,900.

2515_DJW_4_0018

$1,446,000

Successful one-stop shop provides towing and automotive services conveniently located by Hwy 401 and close to downtown Trenton. Attractive income generating business in the Quinte area. Price includes over $500,000 of Chattels plus building and contracts.

2515_DJW_0075

PLAZA IN BELLEVILLE FOR LEASE & SALE

SCRAP YARD IN NAPANEE $449,000

Attractive - Well maintained - Located on main traffic route.

High profile - Ample parking - 1200 sq foot unit and 2400 sq feet units ready to go Units contains boardroom and kitchen Lease: $7.75/sq ft + T.M.I. ($5.50) Asking $1.1M 2515_DJW_2_0101

Scrap yard for sale located near Hwy 401 on year round roads. The site is 5 acres in size. Zoning General Industrial M2. Owned by the same family 2515_DJW_5_0032 for many years.

BELLEVILLE DOWNTOWN BUSINESS

$80,000

Long time eating establishment in downtown Belleville. Gathering to quick tasty meals for business and local traffic.

2515_DJW_3_0009

For Selling/Buying and Leasing of Commercial Real Estate in Eastern Ontario call Dee Abrams at 613-969-9907

8177055_3715

11298230_3715

ProAlliance Realty Brokerage Independently Owned & Operated

BRUCE COOKE BBA, CCIM, SIOR

MATTHEW COOKE B.COMM

Office: 613-966-6060

Office: 613-966-6060 Direct: 613-243-5146

Commercial Sales Representative

Sales Representative

E-mail: bruce@cookeproperties.com

matthew@cookeproperties.com

23 APARTMENTS BELLEVILLE

$274,900 POWER OF SALE

Each building is on a separate condo deed. Multiple tenants. An interesting investment property with upside.

Located in the Belleville Area.

Combination of 15 x 2 bdrms, 7 x 1 bdrm & 1 bachelor. Gross annual income $226,000. Separate hydro meters, great location, excellent condition. Asking $1,700,000

Former Home Hardware bldg in Cloyne, Ontario. Hwy location in cottage country. Corner lot, 7,120 SF.

3715_DJW_0039

3715_DJW_0040

Eastern Ontario

$1,800,000 7 BUILDINGS

3715_DJW_3_0003

Please say you saw it in The Commercial Investor

3:47 PM

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businesssavvy

FOUR REASONS FOR COMMERCIAL REAL ESTATE OPTIMISM

D

emand for Canadian office and industrial space points to areas of strength at a time when low oil prices are creating significant headwinds for the national economy. CBRE Limited’s National Office and Industrial Second Quarter 2015 Statistical Summary reveals four reasons why you should be optimistic about commercial real estate in Canada.

“We didn’t have to look hard for a silver lining this quarter. While the Canadian economy may not be firing on all cylinders, there are sectors that are actively leasing office and industrial space across the country. And for investors in commercial real estate, property values remain strong, which is usually a catalyst for interesting developments,” said Ross Moore, director of Research for CBRE in Canada.

“While the Calgary office market continues to recalibrate, one property type in one city doesn’t represent the state of affairs across the country. Downtown Vancouver and Toronto continue to have active office leasing markets, while demand for industrial space has actually rebounded in Alberta. We are also encouraged by the fact that businesses are adjusting to new economic realities and leasing activity is increasing in Eastern Canada.”

FOUR REASONS FOR COMMERCIAL REAL ESTATE OPTIMISM: 1) NEW DOWNTOWN OFFICE TOWERS SPUR OFFICE LEASING: New buildings remain a major draw for tenants. Three of the four office towers that were completed in Vancouver this quarter (MNP Tower, Telus Garden, Pacific Centre/725 Granville) were more than 90 per cent preleased. The completion of new office buildings in downtown Vancouver and Montreal led the national downtown office market to post positive absorption following a substantial contraction last quarter.

“Landlords delivered 2.7 million square feet of new office space across Canada into an uneven economy, but tenants are still pursuing new space and demand for new product more than offset the 605,834 sq. ft. of office space that was put back on the market in Calgary this quarter,” said Moore.

2) INDUSTRIAL LEASING REBOUNDS IN ALBERTA After a total 2.3 million sq. ft. of industrial space was returned to the Alberta market last quarter, including the Target Distribution Centre north of Calgary, there was 1.4 million sq. ft. of net industrial leasing in the province in the second quarter of 2015. The fact that the Target facility was quickly purchased is indicative of confidence in the long-term viability of the region as a logistics and distribution hub.

“The Edmonton industrial market is a bellwether for the regional economy, so it was encouraging to see an uptick in demand for industrial space in Edmonton this quarter,” said Moore.

3) SUBURBAN OFFICE LEASING OUTPACES DOWNTOWN DEMAND: While most industry watchers are preoccupied with the wave of new construction in downtown office markets across the country, demand for suburban office space continues to surprise. There was 276,028 sq. ft. of net absorption in suburban office markets across the country in the second quarter, compared to 258,391sq. ft. in downtown office markets nationally.

“Many Canadians enjoy living in suburban areas so it makes sense for businesses to locate nearby. For investors looking for stability in times of economic uncertainty, the suburbs might be worth a second look,” said Moore.

4) ECONOMIC ACTIVITY AND LEASING SHIFTS TO CENTRAL CANADA: Lower energy prices and a weak Canadian dollar are adding momentum to commercial real estate in Central and Eastern Canada. This is especially true in the industrial market where manufacturers are expected to benefit from competitive advantages on these fronts, in addition to a resurgent U.S. economy.

Over 5.7 million sq. ft. of net industrial space was leased in Central and Eastern Canada compared to 2.8 million sq. ft. in Western Canada in the second quarter.

“One only has to look at the Greater Toronto Area, which accounts for 43 per cent of industrial space in Canada, to get a sense of the building momentum. The industrial availability rate fell 60 basis points to 4.2 per cent - the lowest availability rate in North America along with the San Francisco Peninsula,”said Moore.

“While there are challenges and not every segment of the office or industrial market is surging, commercial real estate remains solid overall. There are signs of strength and there are certainly reasons to be optimistic,” said Moore.

CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.

Visit www.cbre.ca for more information.

COM_3715.indd 46

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Volume 15 Issue 09

47

Commercial Real Estate & Business Opportunities

“Your Commercial Connection in Eastern Ontario!”

jamie@ekortrealty.com

www.ekortrealty.com 8305397_3715

MEDICAL BUILDING - BELLEVILLE

SALE LEASE BACK - INVESTMENT PROPERTY WITH 11% INTERNAL R.O.I.

• Long term lease - CARE FREE to Landlord • International Company covenant • "Clean" facility - manufacture 3315_DJW_1_0077 medical supplies • 58,000 s/f facility - 15 years old • 4 acres close to the 401 - room for expansion • 1.5 east of Toronto • 23 Clear ceilings 3315_DJW_2_0078

www.155murray.com

• On-site parking - landlord metered • All tenants health related (doctors, etc) • Medical Clinic and Pharmacy main level

ASKING PRICE $2,980,000

50 SLIP MARINA – BELLEVILLE

• Private 50 Slip Marina (long term boaters) • On site boat storage • City water and Sewer • Over 5 acres with 600 ft of water front • City park on both side of property • Includes Owner’s water front home with Pool • Includes 6 year round rental properties

www.9wilkes.com

3315_DJW_0177

104/106/108 DUNDAS ST., TRENTON

• 5 commercial tenants • 6 residential units • Annual income approx. $98,000 • Fully occupied

• • • •

Tenants pays utilities Separate meters Downtown core Plenty of available customer parking

www.104dundas.com

3315_DJW_0091

ASKING PRICE: $725,000

3315_DJW_1_0102

DEVELOPMENT LAND www.moirast.com ASKING $1.5 MILLION

• 159 acres • Currently farm land • Located on outskirts of Belleville • Close to urban development

Eastern Ontario

44-48 KING ST., TRENTON

Located across from Hospital 3 floors plus basement 18,000 s/f total rentable area Building approx. 25 years old Spaces are separately metered for utilities

www.274dundas.com

ASKING PRICE $4.3 Million

ASKING PRICE $1.3 Million

• • • • •

HOBBY FARM LAND www.44acres.com • 2 commercial tenants • 2 residential tenants • Annual income approx. $30,000 • Fully occupied

• • • •

Tenant pays utilities Separate metres Prime corner lot Downtown core

www.44king.com 3315_DJW_1_0103

ASKING PRICE: $298,000

ASKING: $228,000

• 44 acres • Only several minutes to 401 • Zoning will permit residential, house & barns • Wild turkeys, deer • Hardwood and bush area • Close to Belleville

SITE PLAN FOR 116 UNIT APARTMENT BUILDING www.138leland.com ASKING PRICE: $2.5 MILLION

• Approximately 9.5 acres.

• Site plan has 65 town house lots.

• Plan includes 6 lots

Please say you saw it in The Commercial Investor

COM_3715.indd 47

2015-09-11 3:37 PM

NIAGARA

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

NIAGARA SECTION COVERING: Niagara Falls Niagara-on-theLake St. Catharines Thorold

Welland Fort Erie Beamsville Fonthill Port Colborne

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca

NewSectionPages_FullColor2015.indd 14 COM_3715.indd 48

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Volume 15 Issue 09

49

Commercial Real Estate & Business Opportunities

Larry “BILKO” Bilkszto Your Local Sales Representative Since 1989 Garden City Realty Inc. Brokerage Independently owned and operated

Email - bilko@rgcmail.com Web - www.bilko.ca

(905) 641-1110 • (905) 563-3330 Toll Free (866) 575-9400 8494906_3715 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES Estate sale in N.O.T.L. 6 Acres of 50 acre vineyard residential planted to cab sauv, development land pinot gris, sauv blanc in Jordan Station. & pinot noir. Over 7000 Surrounded by new vines planted in 2015. All tiled drained. the Greenbelt, Property has 2 road vineyards & frontages. Great orchards. All city location for a winery or vineyard income! Existing services at the road! Only mins to the QEW & farm house & barn of no value. Full list of varieties & all amenities. $3,300,000 plot map available. $1,050,000

Country property within minutes from town. 20+ acres cash crop land, corner of Balfour & Kilman Rd in Pelham.

Great location to build that dream home. Super hobby farm location waiting for outbuildings & barns to be built. Start a nursery, greenhouse etc, etc. Land is slowly becoming scarce in the Niagara region.

Invest now & cash out later. $299,800

Nature lover's dream!

A rare offering in the Niagara Peninsula wine country!! 90 acre 41.93 acres, close to the vineyard. True bench land located in the 20 Mile bench sub town of Ridgeway. appellation. Excellent location for a winery site just off Reg Rd 81 Approx 19 acres cash wine route + only minutes off the QEW. Approx 51 acres have crop, balance producing vines of cab franc, cab sauv, baco, vidal & riesling.

Carolinian forest. Road Another 27 acres are tile drained & ready for planting, offering your frontage on Nigh & choice of new varietals to be planted! Approx 5 acres of bush & Mathews Rds. Loads of another 5 of headlands. This parcel also has a modest 2 bedroom wildlife. Zavitz drain @ one corner of property. Two bungalow & large outbuilding 40x32'. 200 amps. A 5yr contract could minute walk to the paved friendship trail, to Sherkston & be put in place for the purchase of all the grapes harvested off this a 5 minute drive to Lake Erie marina & boat launch. NPCA &township building approvals. $249,800 vineyard if the buyer so desires. This one of a kind vineyard consists of 4 merged parcels. $1,980,000

SPECIALIZING IN FARMS, AGRICULTURE, GREENHOUSES, ETC.. IN THE NIAGARA REGION!

ADAM DEARBORN Sales Representative

(905)

401-1331

www.RockAdvisors.ca | adearborn@rockadvisors.ca Twitter - @AptExpertHamNia

A PA R T M E N T B U I L D I N G E X P E R T S 3315_DJW_0059 DOWNTOWN HAMILTON

DOWNTOWN ST CATHARINES

6 STORY OFFICE BUILDING

42 INDIVIDUALLY TITLED TOWNHOMES

3315_DJW_3_0031

Offer $7,600,000 with 5.35% cap rate in London. All townhomes are 3 bedrooms, one and a half baths and have a built in dishwasher, finished recroom in the lower and central air conditioning. Mechanicals include, breaker panels, forced air gas furnace, gas hot water tank, the asphalt shingles have recently been replaced.

Flooring is carpet throughout with vinyl in the kitchen and baths.

73 brand new purpose built apartment units in downtown Hamilton, one of the country's hottest real estate markets. Located near amenities including restaurants, McMaster University, and the Hamilton GO Station. Building is energy efficient with units individually sub-metered for Hydro and HVAC. Building currently in lease up to Urban Professionals.

Please visit www.RockAdvisors.ca for complete marketing and financial information

Niagara Peninsula

With basement, on a 0.65 acre parcel of land. Gross floor area (GFA) of approx. 76,370 sq ft, zoned medium high density mixed use and permitted uses include apartment, hotel, long term care facility and commercial uses.

11294135_3715

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3:48 PM

COM_3715.indd 49

2015-09-11 3:37 PM

businesssavvy

IN EVER-CHANGING CANADIAN RETAIL LANDSCAPE, RETAILERS UP SERVICE GAME TO STAND OUT Most say financial outlook is positive amid industry uncertainty, according to new study

R

etailers are feeling more confident than they have in years, and say improvements in customer service are helping to drive more sales. In data compiled from the third annual Canadian Retail Insights Report released recently by American Express, the vast majority (82 per cent) of survey respondents cited better customer service experiences as the reason behind their jump in sales, and virtually all (97 per cent) said they are using customer service as a way to differentiate themselves from competitors.

Despite concerns about the health of the economy retailers remain optimistic and focused on growth. Eighty-four per cent of retailers said the financial outlook over the next 12 months is positive, the highest level seen since 2012, and representing a steady climb over the past three years (76 per cent in 2014 and 80 per cent in 2012 based on past year’s survey results).

More than half (56 per cent) of those surveyed said their company’s sales have grown significantly since 2014, while 28 per cent said sales have remained consistent.

Surveying decision makers in the gas, grocery, restaurant, fast food, and general retail sectors nationwide, the Report focuses on what’s top of mind for Canadian merchants, including: the state of the industry; challenges and pain points; growth strategy; customer loyalty and acquisition; competition and strategies for attracting customers.

COM_3715.indd 50

“In today’s market consumers have more options than ever before, and to stay competitive we’re seeing businesses make customer service a major priority,” says Jennifer Hawkins, Vice President and General Manager of Merchant Services, American Express Canada.“Customer service has long been a key ingredient of successful companies and we understand this first hand. Not surprisingly nearly all retailers surveyed told us they are making efforts to improve service as a way to stand out from the pack, and in turn, grow loyalty and revenue.”

CHANGING CANADIAN RETAIL LANDSCAPE: GREATER COMPETITION The consensus among retailers (49 per cent) is that their industry is becoming more competitive. Nearly one third (30 per cent) are concerned about U.S. retailers moving to Canada, and even more (38 per cent) worry about the overall impact of the failure of large retailers has had on the retail landscape. Despite the positive outlook, when asked to specifically identify their top concern, 21 per cent called out the overall health of the economy.

DIFFERENCES BY INDUSTRY The report also found that the experience for retailers differs by industry. For example, gas was the only sector not to list customer service as their top priority (82 per cent), opting instead for sales and promotions (86 per cent). Significantly more businesses in the grocery (87 per cent vs 66 per cent) and restaurant (82 per cent vs 67 per cent) sectors are investing in improving customer service in 2015 than 2014.

While fast food is focusing on both hiring (49 per cent) and opening new stores (27 per cent), only nine per cent of retail respondents reported plans to open new stores in the coming year.

For more information, please visit AmericanExpress.ca About the American Express Retail Insights Report: The study was commissioned by American Express Canada and conducted by Nielsen. The survey was conducted between June 1 and June 22, 2015 and involved a national telephone survey of 375 Canadian decision makers. Industries included Gas, Grocery, Restaurant, Fast Food and General Retail sectors with 42 per cent of respondents as owners or operators, 41 per cent as store or restaurant managers and 7 per cent as senior managers. A sample of this size carries a margin of error of +/- 5.1 per cent. Industry quotas were set at 75 per industry which carries a margin of error of +/- 11.3 per cent.”

American Express in Canada operates as Amex Bank of Canada and Amex Canada Inc. Both are wholly owned subsidiaries of the New York based American Express Travel Related Services Company, Inc. American Express opened its first offices in Toronto and Hamilton in 1853 and now employs approximately 3,000 Canadians coast-to-coast.

2015-09-11 3:37 PM

Volume 15 Issue 09

Frank Franze

905-356-9600 1-877-219-9600

BA, MBA, FRI Broker

Niagara Realty Ltd., Brokerage

Fax: 905-374-0241 dfranze@yahoo.com

,0

LEASING NIAGARA FALLS

1315_DJW_0051

• Niagara Falls Tourism District, 5 minute walk to Clifton Hill.

• 3 year commercial lease renewal-unit, main floor, double net, rent @ $51,120.

• 4 apartments gross rents (pay own hydro) @ $38,000 for a total of $89,120.

• Net income of $69,000 @ 8.6% cap rate return.

• Seller will hold a mortgage.

38.4 ACRES & HOUSE DEVELOPMENT SITE QEW & NETHERBY DR., FORT ERIE

$1

,7

50

,0

00

• Near train/bus station. Retail/office for lease $600 + Utilities monthly. (515 sq ft) • Large 3 Car For Rent. Central business/ commercial zoning - Auto Repairs.

• Off Bridge St. Fenced in near 1/2 acre Compound Used Car lot. $500/month

COMMERCIAL PROPERTY FOR LEASE PORT COLBORNE • Former Avondale store built in 1982.

• 9 foot ceilings.

• Solid stone/block construction zoned neighbourhood commercial.

• Min 500 sq ft to full 2640 sq ft single tenant.

(14 parking spots) • A few blocks from hospital and Sugarloaf Marina.

• Asking $15.00 Sq Ft.

• 3260 sq. ft. 3 storey log construction • Opposite Black Creek Leisure Homes • Ideal for Campground, Group Home, Mobile Home site • Current Residence set for Welcome centre/office conversion • Home plus 10 acres available upon severance - $725,000

1315_DJW_1_0072

3715_DJW_0018

905-641-1110

Tony Tripodi

cell: 289-241-6954

Broker

tripodi@sympatico.ca Garden City Realty Inc., Brokerage Independently Owned & Operated

INDUSTRIAL * COMMERCIAL * INVESTMENT

THOROLD

NEW First time on the market.

Formerly a service station and garage. Strategically located across from full service Pine St. Shopping Plaza. Zoned commercial, allows retail, professional uses, etc. Owner retiring.

Lot size 176' x 66'. Asking $350,000. Call for details.

3715_DJW_1_0109

BEAMSVILLE

Solid concrete building located in the central Lake/Scott St. area. Approx.

7,000 sq. ft. 2 tenants, one is an ethnic club with bar, reception hall. All C/A, lots of on site parking. Listed at $750,000. Open for offers.

3715_DJW_1_0108

ST. CATHARINES

Over 17,000 sq ft plaza on 1 1.2 acre lot with large paved parking area. Located on major traffic road and easy access. Offered at a bargain. Replacement cost of just $125.00 per square foot. Call today for details.

3715_DJW_0037

Adjacent to Meridian Arena & Performance Art building. 4 apartments plus 3,000 sq ft retail space.

On site parking, central with great exposure.

Drastically reduced. Now only $599,000 or best offer.

Don't miss this one!

Niagara Peninsula

00

Independently Owned and Operated

10331793_3715

99

5627 Main Street, Niagara Falls 11009634_3715

INVESTMENT PROPERTY

$7

51

Commercial Real Estate & Business Opportunities

3715_DJW_2_0081

Please say you saw it in The Commercial Investor

COM_3715.indd 51

2015-09-11 3:37 PM

VIEW OUR MAGAZINES ON ANY

DIGITAL DEVICE anytime, anywhere!

Now you can view all Commercial Investor magazines online using any smartphone, tablet or desktop device.

THECOMMERCIALINVESTOR.CA

View Us Online Fille_FP_2015.indd 1 COM_3715.indd 52

Published by

2015-03-24 11:04 AM 2015-09-11 3:37 PM

NewSe

BUSINESS INVESTORS

The perfect place to list all of your businesses opportunities

BUSINESS INVESTORS

11:04 AM

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

For advertising

contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283

doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca

NewSectionPages_FullColor2015.indd 16 COM_3715.indd 53

2015-03-19 3:48 PM 2015-09-11 3:37 PM

54

Volume 15 Issue 09

Commercial Real Estate & Business Opportunities

Your Real Estate & Investment Specialists Mortgages

1.888.330.3866

#12051

info@profunds.ca

www.profunds.ca

The Pro Funds’ Client Experience: Flipping Properties with Zero Down

Pro Funds Mortgages is happy to announce a new article series, The Pro Funds’ Client Experience. These articles will feature a variety of clients sharing their knowledge and experience in dealing with Pro Funds to accomplish their real estate focused endeavours. Here is Andrew Hines, a Mortgage Agent and borrower with Pro Funds who shares how he has utilized private funding to acquire and build and income property.

Rewind to May 1st 2015. Closing day. It was finally coming together. The results of 2 months of planning, due diligence and a whole lot of waiting were finally paying off. And I mean literally, my lawyer actually called me to let me know that I was getting a cheque for $73 upon closing of my purchase of a beat up old rental. Wow, just when I thought buying real estate couldn’t be any more rewarding.

The deal looks something like this: I buy a property with zero down, receive funds which are held in trust to pay for my renovations and expenses, and then I sell the property and get paid. Not a bad deal…?

“How is this possible”, you might ask? Well real estate is a business. And like any good business, flipping requires a good business plan. From the beginning I made sure that I knew my numbers. When I found the property, I knew what it was worth, I knew what it could be worth and I knew what I would have to put into it to get that value.

So what did I do? With the help of Pro Funds, I found a few private lenders to lend me the entire purchase price and renovation cost, in addition to my interest payments for the 6-month period I allotted myself to do the work.

As anyone thinking about flipping a property knows… you don’t get paid until you sell. So paying things like mortgage payments and property taxes during the process can become a burden. For me, being able to borrow the money to cover those items made it that much easier to get through the process and prevent any new grey hairs from forming just above the sideburns. There was some heavy lifting along the way and a few not-so-helpful contractors… But I think the memory of taking a chimney down piece-by-piece using a sledge hammer will always stick with me. That was fun.

Business Investor

(continued on next page...)

9649286_3715

Pro Funds Mortgages | 3410 South Service Rd. Suite G5, Burlington ON L7N 3T2 | www.profunds.ca Please say you saw it in The Commercial Investor

COM_3715.indd 54

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Volume 15 Issue 09

55

Commercial Real Estate & Business Opportunities

Your Real Estate & Investment Specialists Mortgages #12051

1.888.330.3866

info@profunds.ca

www.profunds.ca

The Pro Funds’ Client Experience: Flipping Properties with Zero Down

So how can you structure your very own “zero down flip”?

1. Know your numbers - See a lot of properties, find out what they are selling for, both before and after the proposed renovations, and build yourself a buffer of 20% over and above what you think it will cost. Talk to contractors, get estimates and be ready to play hardball if needed.

2. Back it up – Start the process with comparable sales (your realtor can help with this) this is how you’re going to convince your lender that you can actually get the property sold for what you think you can sell it for at the end of the day. If they’re going to lend you money they need to know you have an “exit strategy”. Be sure that you’re very clear on what yours is. Good mortgage brokers will require an appraisal because they have an interest in making sure everyone is protected. You should expect to provide an appraisal for the property “as is” and “upon completion” of the proposed renovations.

3. Work with a broker that focuses on creative financing – I’ve worked for, and used Pro Funds Mortgages for financing for 5 years now. Knowing I can get real estate financed has allowed me to be a lot more aggressive with my real estate acquisitions.

4. Be willing to give up other collateral – my portfolio is an open book when it comes to getting new money. I put up one of my other properties to avoid putting any money down on this deal and I would do it again in a heartbeat. The ease and speed of operating this way allows me to do more than I ever could with a bank.

Visit www.profunds.ca for more program details and mortgage applications.

Contact 1.888.330.3866 and speak to one of our underwriters to start the process.

11289457_3715

Pro Funds Mortgages | 3410 South Service Rd. Suite G5, Burlington ON L7N 3T2 | www.profunds.ca

Business Investor

If you’re thinking about doing a flip of your own or are wondering how you can leverage your existing properties to purchase a property with little or zero down, contact Pro Funds Mortgages at 1-888-330-3866 or info@profunds.ca.

Please say you saw it in The Commercial Investor

COM_3715.indd 55

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56

Volume 15 Issue 09

Commercial Real Estate & Business Opportunities

R DE UN FFER O

DISTRIBUTOR OF MEDICAL PRODUCTS

Located in the GTA and operating over 20 years, the Company wholesales medical products that are directed toward Home Health Care, Pharmacy, Orthotic and Prosthetic, and Podiatry markets.

Revenues are in the $2 million range and earnings in the $300K range.

R DE UN FFER O

POOL & SPA EQUIPMENT SUPPLIER

CNC MILLING AND TOOL FABRICATION

Operating in the GTA over 45 years the company wholesales proprietary branded chemicals blended in house and patented chemicals manufactured by exclusive suppliers. High profile customer base and four employees generate sales $1.1 million with earnings in the $200K range.

The company is engage in heavy industrial and tool fabrication. Operating over 20 years in the GTA and with 25 highly trained employees, the Company generates revenues of $6 Million with earning in the $2 million range.

R DE UN FFER O

NDT PROVIDER

Company provides NDT/NDE training, products, and services. Clients are in power generation, oil and gas, engineering training/consulting, and other service industries. Located 1 hour outside GTA. Revenues are in the $7.5M range with earnings averaging in the $500K range.

PLUMBING SERVICES COMPANY

OFFICE MAINTENANCE COMPANY

Company operating in the GTA and specialiazing in all areas of plumbing commercial, industrial, residential, service, installation and 24/7 emergency response.

Well trained - 7 FT non-union employees and strong account base generate revenues in the $1.7M range and earnings in the $450K range.

Business has been in operation for 10 years generating $1 Million in revenues with 7 FT & 73 PT employees. Located in Southern Ontario - one hour out of GTA.

ENGINEERING CONSULTING

ATLANTIC PROVINCES OPPORTUNITY

The Company provides engineering consulting to building service, municipal services, private enterprise, transportation, Crown corporations, bridge design, and geotechnical. It serves multiple cities, counties, and districts in Ontario.

Company employs 114 FT and generates revenues in the $13.5M range.

Business founded 30 years ago and sells used vehicles, provides mechanical repair services and detailing and paint protection applications (10%). The Company also applies paint fading resistant treatments and rust proofing. Revenues in the $1.8 million range.

MANUFACTURER OF AUTOMATION EQUIPMENT FOR FOOD INDUSTRY

B2B SOFTWARE COMPANY DATA EXTRACTION AND CONVERSION

Located in Southwestern Ontario the company provides advanced and robotic automation systems for poultry, beef, pork, cheese, sliced meats, ready-made foods, and industrial washing systems for all segments of the food industry. Revenues in the $6 million range and earnings in the $900K range.

D L O S

The Company’s core business is focused on data extraction – and is the developer and publisher of its own proprietary PDF and data extraction technology. Operating in the GTA over 15 years the company has revenues in the $2.5M range and earnings in the $350K range.

R DE UN FFER O

MANUFACTURER OF AUTO BODY TOOLS & EQUIPMENT

Located in the GTA the Company manufactures tools and equipment for the auto body repair industry. Serving the aftermarket with 85 active customers in the US and 35 in Central and Western Canada, Company has revenues in the $3 million range.

UNDER R DE OFFERUNDER UN FFER EQUIPMENT O OFFER

MFG.

& DIES

Operating since 1993 and located one hour outside the GTA - the Company specializes in the design and manufacturing of stamping dies and special purpose equipment. Revenues are in the $7 million range and earnings in the $2 million range.

Business Investor

“Selling Your Business is our Business” 416-782-5222

8157086_3715

Please say you saw it in The Commercial Investor

COM_3715.indd 56

2015-09-11 3:37 PM

H

A

M

I

L

T

O

N

Mazhar Roshan Sales Representative

Direct

905.318.3800 24 Hr. Pager 647.609.9463 GTA Direct mazharroshan@sympatico.ca

BROKERAGE

I have qualified buyers for up to $5M in commercial and investment buyers.

Call for details.

HAMILTON $18.00 SF

BUSINESS FOR SALE - $199,900

On Upper James & corner of Airport Road. Over an acre of land. Property has 2 houses both rented for 1100 + 1000 and tenants pay utilities mixed use property with H-C3 zoning. Lots of future development potential. Buyer to do their own due diligence.

3315_DJW_1_0084

Rapidly growing area of Stoney Creek Mountain, retail/off use 1248 sq ft mezzanine extra. Plaza location with Tim Hortons, Esso G/Bar, Avondale, Gino's Pizza and many more. Current use as Nail Salon (Tenant Relocating) unit has 2 bths & 8 rooms est TMI is $10 PSF. 3315_DJW_1_0022

Great location close to all amenities 2 business in one price.

Take out and Indian/Pakistan grocery store. Doing great, good for business minded person or big family. Real money making machine.

FO

R

LE AS E

PRIME LOCATION - $1,099,000

8148414_3715

905.929.9800

HomeLife Results Realty Inc.

FORT ERIE - $119,900 Long established, fully equipped, well maintained pizzeria located in the heart of the business area in Fort Erie. New High School to open in walking distance soon. Short business hours, steady clientele, long lease.

Call LBO for more information and appointment.

HAMILTON - $79,900

In the Heart of Burlington, plaza location fully equipped pizza parlour, doing over 200K per year. Good for family operation. Call for more information.

Long established over 30 yrs Pizza business, doing great, long lease and very low rent, close to mall, hwy, school, amenities and on bus route. Good for family or business minded individual.

3315_DJW_1_0008

3715_DJW_1_0021

PLAZA FOR SALE - $1,485,000

3315_DJW_1_0020

DOWNTOWN - HAMILTON $1,500,000

Location location location, property in downtown core Hamilton. Currently use as a worship place. Buyer to do due diligence regarding future use and property taxes. For more information and details call Mazhar.

3315_DJW_1_0018

3315_DJW_1_0085

MOTEL FOR SALE - $579,000 R

BY ED $5 UCE 0, D 00 0

REDUCED $800,000

Rare find Commercial Plaza with anchor tenant. Net income is 104K, offered at 7% cap rate.

3315_DJW_1_0007

BURLINGTON - $119,900

Ideal property to live in and run your own business. 9 room motel with a 2 bedroom separate house, no vacancy in motel for 2014, fully rented to long term clients. AAA location close to hwys. New septic bed installed in 2014, located beside Tim Hortons & Price Chopper. 3315_DJW_1_0068

Heart of the Ancaster Meadowlands, long established Quizno's sub doing over 400K in yearly sales. Good for family operation.

On Wilson Street at the corner of Hwy #52. Across from the Ancaster Fairgrounds. Brand new Esso Gas Station and a modern restaurant coming soon. 7 units to choose from, has 2 bay auto garage. Good for any type of retail, office, commercial, warehouse or other uses. Call listing agent for 3315_DJW_1_0027 further details.

Location Location Location... In a plaza with Esso Gas Station. Fully equipped, fully operational, 2 bay garage business. Short hours, good return, low rent, long lease, hwy location, close to Ancaster Village, Walmart, Ancaster Toyota & business park, call for more details.

LAND FOR SALE

BAR AND EATERY - $119,900

GUELPH LINE, BURLINGTON - $89,900

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.

3315_DJW_1_0064

Located in Stoney Creek, doing over 10K per week, full equipped and licenced for 110 person, this is a turn key operation. Great for family business. Owner absentee operation. Just buy it and start making money, long lease, 3315_DJW_1_0026 reasonable rent.

3315_DJW_1_0033

AS E LE R FO RE PRI DU CE CE D

LO ONL TS Y LE 3 FT

3315_DJW_1_0031

WILSON STREET, ANCASTER - FOR LEASE RE PRI DU CE CE D

DESIRABLE ANCASTER LOCATION

R $1 EDU 79 CE ,9 D 00

ANCASTER - $219,900

Long established Thai restaurant in the heart of Burlington doing over 22K p/m. Good for family business. For more details call LBO. 3715_DJW_0032

11G COM

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legallyspeaking

Tenant default . . .

What can a commercial landlord do?

By Jayson Schwarz

Y

ou have signed a five-year lease with a new tenant. His credit checked out, he did improvements and all is good.

Suddenly, two years go by, and then cheques start to bounce.

You try to speak to the tenant, communication breaks down, and you are owed money. Your mortgage company wants its payment what can you do?

The real question is a decision between distress and forfeiture. Ok, what does this mean? A distress is when you enter the premises take control change the locks and seize all of the Tenant’s goods on the premises. A forfeiture occurs when you change the locks and terminate the lease.

Remember the lease is your blueprint on how to proceed and if you have a loose lease you may have limited options. Whatever the lease does not cover the Commercial Tenancies Act, R.S.O. 1990, c. L.7 will regulate.

Distress: Before a landlord can distress the property, a few conditions will need to be satisfied. You must give the tenant notice in writing of the breach. The governing law states that if notice is required, unless the lease says otherwise (remember what I said about loose leases), such notice must be given fifteen days before changing the locks; Provided you have the authority by lease or statute the way to go about this is to attend at the premises with a locksmith and your carefully prepared “Notice of Distress” and change the locks. Remember you must give the tenant access to the premises during normal working hours to attend on the premises. Your lawyer can give you detailed advice on how to wend your way through this technical area so you do not mess up.

Why distress? Subject to HST you have the right if the tenant does not pay you current (quite often plus accelerated rent) within five days of the distress to have the tenant’s goods sold to pay your rent and costs. You need to do appraisals etc. Again consult your lawyer because you cannot afford to mess up doing this. As a comment a Landlord’s distress comes just about ahead of everyone including secured bank debt except monies still owing on a conditional sales contract and a bankruptcy trustee if the tenant goes bankrupt before you have completed a sale. And worst of all HST. The huge downside risk is HST. If the Tenant owed HST for the period prior to your seizure you the Landlord become liable to remit monies received on the Distress first to monies still owing on a conditional sales contract and then HST. This means you could go through the whole exercise and end up with nothing. Check before you seize!!!!!

If you get all of your money the lease is back in good standing and the tenant’s obligations continue.

In a forfeiture you re-enter the property for the express purpose of terminating the lease, throwing the tenant out and moving forward to release immediately. This is a judgement call based on the value of the tenant’s assets and your own business reasons for how to proceed. Again notice is critical and often your lawyer can help you find a Bailiff to assist in properly terminating the lease and locking-out the tenant. Landlords must ensure that they are protecting themselves before terminating a lease.

Once the landlord re-enters properly and in accordance with the law and the lease, the property is secured for the benefit of the landlord alone and the tenant is denied access. The landlord and tenant relationship is ended.

The tenant may remove its property and the landlord must try to stem his or her damages by re-renting to someone else. This is old law and some counsel are taking the position there is no duty to mitigate in a commercial lease. My position is that failure to try and reduce the loss by taking steps to re-lease is neither smart from a business or legal perspective. You still have the right to sue the tenant for your losses however, but generally good luck unless you have personal guarantees.

Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the web site (www.schwarzlaw.ca), email (info@ schwarzlaw.ca), and give us your questions, concerns, critiques and quandaries.

We will try to deal with them in print or electronic form.

Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP.

12G COM

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2015-09-08 12:40 PM

11294981_3715

CAMPGROUNDS FOR SALE

• 57 SITES + 40 SLIP MARINA, MITCHELL’S BAY • 169 SITES + HOME ON 11 ACRES, LAKE HURON • 110 SITES + 2 HOMES ON 8.5 ACRES, WOODSTOCK Orio Fishleigh

Dave Bratt

Sales Representative

Sales Representative

orio.fishleigh@century21.ca

dave.bratt@century21.ca

519.709.6746

519.532.5375

Woodstock: 871 Dundas St. | 519.539.5646 Tillsonburg: 86 Broadways St. | 519.688.0021

COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES

Bill Bradley Sales Representative

Independently Owned & Operated

Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866

416.258.6866 exitwithbill@gmail.com

Senior Residence North of Oshawa

› 20 + Rooms › In very good shape and profitable

Sold

Only $1,000,000 through the Commercial Investor

"I get all my calls through this magazine"

- Bill Bradley 13G COM

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11296671_3315

14G COM

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SPOTLIGHT SECTION

Steve Dawkins Sales Representative

MEADOWVILLE Garden Centre

$3,400,000

MLS #144495

11296535_3715

3315_DJW_0010

3315_DJW_1_0036

3315_DJW_0009

3 Guelph area Turn-key ‘Lifestyle Business’ Opportunities

LOST HORIZONS Nursery MLS #153178

$1,595,000

NATURAL STONE Sales/Const.

MLS #152422

$795,000

Toll-Free: 1.855.95.REMAX Details & Videos: prosper.ca

ROYAL LEPAGE NIAGARA REAL ESTATE CENTRE, Brokerage*

BETH O’BRIEN BROKER

905-871-9559

HOME DECOR BUSINESS Owner retiring after over 30 years from this well established shop. Price includes goodwill, chattels and equipment plus stock at cost. This is a great small business opportunity.

Asking $109,900. MLS HN30046684 3715_DJW_0011

NIAGARA RIVERFRONT MARINA Over 1.5 acre waterfront commercial property includes 2 water lots. Potential condominium or resort location.

Exceptional view of the Niagara River, Peace Bridge and Buffalo, New York. Exceptional investment opportunity.

3715_DJW_0012

Asking $2.1 Million. MLS N30045545

Brokers Information Listing Service 30,000+, Haves & Wants, 75% Exclusive

1.877.272.1721

www.iciworld.com

11285231_3715

A Landlord’s Rights & Obligations Visit Blog for Ontario Dates Seeking Seeking greater greater FINANCIAL INDEPENDENCE? AA Maid may be be just just the the answer! answer!

Maid Right Right home home cleaning cleaning franchise franchise may No NoSelling.

Selling. Guaranteed Guaranteed Clients Clients (in (in Halton).

Halton).

Low LowInitial Initial Investment.

Investment. Financing Financing Available.

Available.

Grow GrowAt AtYour Your Own Own Pace.

Pace.

Set SetYour Your Own Own Schedule Schedule and and Hours.

Hours.

THE COMMERCIAL INVESTOR SPOTLIGHT COMM_GLOSS_3715.indd 15

Maid Right of of Oakville Oakville Maid Right

289.813.0375 Oakville.MaidRight.com Oakville.MaidRight.com

11297277_3715

Training Training && Equipment Equipment Supplied.

Supplied.

© 2015 Maid Right Franchising LLC. Maid Right and JAN-PRO International are subsidiaries of Premium Franchise Brands © 2015 Maid Right Franchising LLC. Maid Right and JAN-PRO International are subsidiaries of Premium Franchise Brands

C OMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!

15G COM

2015-09-08 12:40 PM

COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_3715

Bill Bradley

Sales Representative

416.258.6866

Independently Owned & Operated

exitwithbill@gmail.com

Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866

This beautiful restaurant is located on a busy street in Mississauga. It has been running succesfully for 15 years. It is an excellent opportunity for a family owned business, or the right operator. It has a complete kitchen with all the necessities, large bar, approx. 84 tables & chair, and a good steady clientele. The lease is transferable to a new buyer. Call Bill Bradley.

EXCELLENT PRICE

$155,000

$425,000 • 602 MAIN ST. W, DUNNVILLE, ONT 96' x 445' $225,000 • 606 MAIN ST. W., DUNNVILLE, ONT 49' x 390'

602 MAIN ST. W ... 96' x 445'

606 MAIN ST. W ... 49' x 390'

Both Backing onto the Grand River.

3715_DJW_2_0087

3715_DJW_2_0088

GORGEOUS RETIREMENT HOME

NOW ONLY $3,200,000

$3,400,000

Approx. 10% cap return.

3715_DJW_2_0051

PARADISE IN GRENADA

Hotel - 5 Star + Restaurant & bar.

ONLY $2,400,000.

Only 12 years old.

Call Bill Bradley for

Strip Plazas $1,000,000 to $15,000,000.

16G COM

COMM_GLOSS_3715.indd 16

Buyers Only

3715_DJW_1_0067

Call Bill Bradley for Retirement Homes and properties that could be changed into Ret. Homes

2015-09-08 12:40 PM

ll

s

0

Pro

Mortgages #12051

FEP

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A D I V I S I O N O F P R O F U N DS M O R TG AG E S

THE PRO FUNDS EXCHANGE PROGRAM

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Pro Funds would like to introduce a spectacular opportunity to borrow up to 95% LTV on Second and Third mortgages at only 5% interest! (apr)* *Certain Conditions Apply.

0

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Do you have registered funds (rrsps) not performing?

Do you have real estate that has equity? (land, income property, primary residence) Are you frustrated that banks will not lend you any more money because you have too many properties, your income does not qualify, or you have already refinanced to 80% LTV and cannot access any more?

ProFEP is your answer!

Borrow at only 5% interest APR to reinvest

Pro

FEP

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This program is exclusive to Pro Funds Mortgages.

ProFEP is a pool of funds designed to accommodate real estate investors with growth and returns, when other conventional options are unavailable.

CONTACT PRO FUNDS TODAY

Contact Pro Funds today to apply for your mortgage at only 5% interest!

67

10126377_3715

Contact 1.888.330.3866 and visit www.profunds.ca today.

Pro Funds Mortgages | 3410 South Service Rd. Suite G5, Burlington ON L7N 3T2 | www.profunds.ca 17G COM

COMM_GLOSS_3715.indd 17

2015-09-08 12:40 PM

LOOKING TO SELL YOUR BUSINESS? WE HAVE QUALIFIED BUYERS. CALL US FOR A FREE NO OBLIGATION EVALUATION. BUSINESS & PROPERTY

BUSINESS & PROPERTY

BUSINESS & PROPERTY

BUSINESS FOR SALE

BUSINESS FOR SALE

GAS STATION

INCOME PROPERTY

INCOME PROPERTY

JET FLIGHT SIMULATION CENTRE MISSISSAUGA

BURGER FRANCHISE GODERICH

NIAGARA REGION

$ 3,100,000 • Store Sales $1.3M • 4 Million Gas volume • Other income from fast food franchise • 12% Cap Rate

MILTON

$ 959,000 • Retail - 3000 sqft + Residential - 3 bed apt • Well maintained 2 storey Building • Prime high traffic street visibility • Free street parking & plenty of parking at rear

MISSISSAUGA

$ 2,275,000 • Amazing Investment Opportunity!

• Main Floor rented out to Banquet Hall • Second Floor leased out as offices with mostly annual leases in place • 80 Additional Parking Spots after 5:00 pm & weekends.

BUSINESSES FOR SALE PLAYGROUND & DAYCARE ETOBICOKE

$ 750,000

RESTAURANT/INDUSTRIAL KITCHEN MISSISSAUGA

$ 175,000

$ 195,000 • In business 12 years • Profitable and Turnkey operation • Great location • Good Low Lease

$ 310,000 • 3 Year Old Burger Franchise • With Llbo License • Stand alone building with ample parking • Reputed Franchisor • Profitable and Growing

For more details, email us info@aldrin.ca or visit www.aldrin.ca

OPTICAL STORE

PRINTING BUSINESS

FLORIST

GEORGETOWN

BRAMPTON

MISSISSAUGA

$ 249,000

$ 59,000

$ 120,000

KIDS PLAYGROUND

MR SUB

CONVENIENCE STORE

ITALIAN EATERY

BOUTIQUE BANQUET HALL

NORTH YORK

MISSISSAUGA

HAMILTON

MISSISSAUGA

MISSISSAUGA

$ 180,000

$ 59,000

$ 55,000

$ 149,000

$ 600,000

WILD WING

CUSTOM KITCHEN

SPORTS BAR

BREAKFAST PLACE

RESTAURANT

BELLEVILLE

VAUGHAN

MILTON

THORNBURY

MISSISSAUGA

$ 260,000 BAR & GRILL BURLINGTON

$ 180,000 KIDS PLAYGROUND NEWMARKET

$ 200,000

$ 329,000 CUSTOM METAL PROCESSING SHOP GEORGETOWN

$ 240,000 INDUSTRIAL PRODUCTS WHOLESELLER / DISTRIBUTOR MISSISSAUGA

$ 575,000

$ 290,000

$ 225,000

$ 149,000

BAR & GRILL

KIDS INDOOR PLAYGROUND

OPTICAL STORE

MISSISSAUGA

MISSISSAUGA

BARRIE

$ 440,000

$ 70,000

$ 315,000

SEAFOOD RESTAURANT

LANDSCAPING

RESTAURANT & BAR

MISSISSAUGA

BRAMPTON

ACTON

$ 625,000

$ 285,000

$ 125,000

BAR & GRILL

NAIL & SPA BUSINESS

FOOT CLINIC

SPORTS BAR

MACHINE SHOP

TORONTO

MISSISSAUGA

MILTON & CAMBRIDGE

BARRIE

MISSISSAUGA

$ 190,000

$ 65,000

$ 230,000

$ 650,000

$ 125,000

MEXICAN FAST FOOD

MEXICAN FAST FOOD

OPTICAL STORE

WILD WING

SHISHA/HOOKAH LOUNGE

MISSISSAUGA

BURLINGTON

GEORGETOWN

TORONTO

MILTON

$ 569,000

$ 389,000

$ 249,000

$ 195,000

$ 85,000

INCOME PROPERTY

INCOME PROPERTY

WILD WING

DAYCARE

BREAKFAST PLACE

BELLEVILLE

KINGSTON

BLUE MOUNTAIN

MARKHAM

RICHMOND HILL

$ 900,000

$ 1,400,000

$ 344,000

$ 550,000

$ 675,000

IPB Realty & Finance Inc. Head Office: 106-4255 Sherwoodtowne Blvd., Mississauga, ON L4Z 2G6 Branch: 113-5800 Ambler Dr Mississauga, ON L4W 4J4

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Commercial Team In Canada! *

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COMMERCIAL www.PBcommercialteam.com ** Sales Person + Broker

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3715_ MILTON DJW_1_0089EXCLUSIVEPRINCIPALS ONLY INCOME PROPERTY!

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PRIME MARKHAM CORNER W/ COMM & RES ZONING

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INCOME PRODUCING PROPERTY VE SI U CL EX

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PRINCIPALS ONLY

60,000 sq. ft. retail plaza in popular Toronto East location! Busy two story plaza on over 2 acres at high traffic intersection. Excellent low maintenance investment! $8,880,000.

9 acre property minutes from Milton W/6 unit apt. bldg, detached 3 bdr home & 4,800 sqft bldg. used by owner as residence/ office. Potential $124,500 gross income, $2,100,000. Call Matthew 647-500-7708.

Prime Markham corner lot! 3.37 acres with residential & commercial coning! Huge ravine property with historic home circa 1835 and detached 6 car tandem garage! Run your business, live and/or develop later! $1,690,000.

Multi tenanted commercial unit with main floor retail and second floor office space!

Excellent investment w/great exposure to Finch! Subway right around the corner! $928,800. Call Peter: 416-606-7882

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ATTENTION BUILDERS!

EXCELLENT MARKHAM INVESTMENT

KINGSTON RD INCOME PROPERTY

YONGE/SHEPPARD COMM. UNIT

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Vacant lot at Victoria Park/Huntingwood. Property to be sold w/approved permits & plans for a 4 bdr, 4 bath, approx 3,000 sq.ft. detached home w/walk-out bsmt. Can be sold as completed home. Call Kenny for details 416-833-8840.

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1 acre+ of PRIME Markham land! Bullock/ Markham Rd. Potential development site!!

Ravine property! Industrial & townhomes area! $638,800.

Hot Kingston Rd. income property! Prime Kingston Rd exposure w/main floor retail tenant & two second floor residential tenants, plus large bsmt. Approx. $57,600 gross income, $699,000. Call Kenny 416-833-8840.

Premium office space at Tridel's new Hullmark Centre at Yonge & Sheppard! Stunning new building ideally located w/tons of amenities. Approx. 916 gross sq. ft. with floor to ceiling windows overlooking Yonge St. and underground access to two subway lines! $508,000.

PLAZAS PLAZAS PLAZAS PRINCIPALS ONLY

MARKHAM TOWNHOME DEVELOPMENT PRE-REGISTRATION

ATTENTION INVESTORS! 20%+ ANNUAL RETURNS!

• $18 Million – Major Bank and National Tenants!

• $4-8 Million – Free-standing, Shoppers, LCBO, 5 CAP!

First class medical centre at Main/ Danforth Subway w/office space available for physician! Blgd includes pharmacy; radiology, ultrasound and medical labs; & physiotherapist! 1.5 yrs free on 5 yr lease! $8 / Sq Ft Net. Call George 416-554-7653

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• Call George Politis 416-554-7653 or a member of the Politis Brienza Team for information on Plazas!

• New Townhome Development Coming to Markham Rd / 407 • Pre-Register for Friends & Family Rates • Top-Tier GTA developer • Limited Supply • First Come First Serve Basis • Call George Politis 416-554-7653

• Single Family & Condo Developments • Projected Returns Exceed 21% per Year • Partner with Top-Tier GTA Developers • RRSP, TFSA, LIRA++ Eligible • Get Developer Returns!

• Call George Politis 416-554-7653

11286152_3715

3715_ TORONTO EAST DJW_1_0043EXCLUSIVEPRINCIPALS RETAIL PLAZA ONLY

www.PBcommercialteam.com | Gpolitis@ThePBTeam.com 5071 Highway 7 E., Markham ON L3R 1N3

*Based on Re/Max International Commercial Commissions in 2014 1St Q

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