Issuu

Jan 20 - Feb 17, 2018, Volume 18 Issue 01

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! ONE OF A KIND LOCATION

LARGE AND SMALL APARTMENT BUILDINGS WANTED D TE AN W

105 Water Street, Guelph is a 23 unit apartment building comprised of 16 two bedroom apartments, 6 one bedroom apartments and one bachelor. The property backs onto the Speed River to the North, the Royal City park to the East, and immediately across the street is the John McCrae House. With the property being within walking distance of the University, as well as shopping, there is always demand for the units. Each suite comes with a parking spot. Contact:

SOLD BY WINCORP REALTY INC.

• Large and Small Apartment Buildings anywhere in Ontario • Have many CASH Buyers ready to invest NOW • Specializing in multi-residential sales for over 40 years • References supplied • Confidentiality guaranteed CONTACT:

JOHN MACNAMARA Sales Representative Phone: (905) 529-5900 ext. 211

Contact:

PAUL MARIUTTI Sales Representative

Phone: (905) 529-5900 ext. 212 Blair Blanchard Stapleton Limited

D E T N WA

W AN TE D

WINSTON DAVIES, BROKER OF RECORD WINCORP REALTY INC. REAL ESTATE BROKERAGE GUELPH,ONTARIO TEL: 519-836-2080 EMAIL: wjmdavies@rogers.com

60 NORTHLAND DR, WATERLOO | $8,409,000

Exclusive Real Estate Opportunities For The Public. Daily Search. 4 Webinars Daily For Brokers to Learn

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FREE SUBSCRIPTION!

• • • • •

65,637 sq ft Multi-Tenant Office/Business Centre 5.14 acres with 515.06’ frontage I2-6 Zoning Fully leased with four major tenants in place Easy access to Conestoga Expressway, shopping, restaurants & public transit • Exclusive Call:

NEIL KOEBEL, Broker of Record

CMA Realty Ltd., Brokerage Phone: 519-578-0337 | Email: neil@cmarealty.ca

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

FC_0318 (COM)

146-2 4875 1 4

Society of Real Estate Brokers

$16 PER SQ FT PLUS $4 TMI/CAM

LAKE FRONT RESTAURANT UNIT

FUTURE DEVELOPMENT LAND

Space for lease in plaza 12,402 sq. ft. available Plaza recently refreshed Long term national tenants on site Located at a busy signalized intersection near schools and churches Large parking area Asking $25 per sqft plus TMI 1917_DJW_2_0008

Branthaven Homes presents the Lake House commercial condos. We are offering to market a 2600 sqft. restaurant unit with a 1400 sqft. outdoor patio facing Lake Ontario with views of the Toronto skyline. The unit is located within the Branthaven Lake House development and booming Winston Road Neighbourhood on Lake Ontario in Grimsby. Surrounded by high and medium density residential homes and easy access to the Niagara QEW. Available winter 2017/2018. 1917_DJW_2_0023

Almost 50 acres of future development land Located South of Hamilton bordering Urban area. Asking Price is $26,250,000 Listed exclusively

FOR LEASE

FOR SALE or LEASE

ATTENTION LAND OWNERS

Space for lease in a brand new, to be built plaza. 1000 sq. ft. to 25,000 sq. ft. available. Great corner location at Rymal Rd. E. and Dakota Blvd. on the Hamilton Mountain. Surrounded by new residential developments across from a high school, and 600 meters from the new Trinity Church Rd. Extension between Stone Church Rd. E. and Rymal Rd. E. connecting the area to easy access to the Red Hill Valley Parkway. 1917_DJW_1_0866

AVAILABLE IN HAMILTON

COMMERCIAL LOTS OR BUILD TO SUIT FOR RETAIL, OFFICE, GAS, FOOD USES SOUTH OF HAMILTON IN UPCOMING COMMUNITY NEAR HAMILTON AIRPORT. OFFICE UNIT FOR LEASE

1917_DJW_1_0026

WE NEED DEVELOPMENT LAND PLEASE CALL US

SPACE FOR LEASE COLBORNE ST. E. BRANTFORD

IN STONEY CREEK

Main floor office space available along busy Main St. E. near St. Peterâ€™s Hospital. This art deco two story office building provides the right professional look for your business. The site provides great exposure to Main St. E., plenty of parking and bright open office space. The space is currently laid out with numerous offices with a large reception and waiting room, along with a large board room, kitchen, washrooms, and file storage. The partial basement is available for additional space for offices or storage. Please call listing broker for further details. 4717_DJW_0034

Great Stoney Creek location at 589 Barton Street! 2nd floor Prestige office space available. 2000 sqft on the 2nd floor with elevator. This high traffic location has quick access to the QEW. Well maintained building with lots of successful tenants. Asking $10 per sqft plus $4.10 TMI per sqft. 1917_DJW_2_0011

PROPERTY OF THE MONTH

Retail and Office space available for lease. Building going through a rejuvenation. 1400 sq ft available on the main floor, newly renovated with large front store window. Asking $10 per sqft plus TMI. 4000 sqft. available on the second floor which can be divided into smaller units. Asking $8 per sqft plus TMI. Please call Nic for more details. 1917_DJW_2_0022

BRAND NEW COMMERCIAL CONDOS ONLY 1 UNIT LEFT Branthaven Homes presents Jazz Condos. 1110 sqft. and up commercial condos in a brand new mixed use development on busy Plains Rd. E. in Burlington. Many uses allowed including Retail and Office. Plenty of parking, easy access, and just minutes to the 403/QEW. Immediate occupancy available. Call Nick and Nic for further details. 1917_DJW_3_0023

Nicholas Kazan, Nicolas von Bredow, Royal LePage Macro Realty, Brokerage

250-2247 Rymal Rd. E. Stoney Creek, Ont. L8J 2V8 2G

COM

Broker, CCIM nkazan@royallepage.ca Office 905.574.3038

Broker, CCIM nvbredow@royallepage.ca Office 905.574.3038

Not intended to solicit Properties or Buyers Currently Under Contract

11308425_0318

AVAILABLE

INVESTMENT OPPORTUNITIES

SOUTHWESTERN ONTARIO INVESTMENT TEAM

INVESTMENT OPPORTUNITY Kitchener, Ontario

RESIDENTIAL DEVELOPMENT LAND

Aylmer, ntario

+ + + +

Draft plan for 24 Condo Lots (18 lots serviced) ±1.64 Acres, medium density residential Asking $590,000 $24,583 per lot (based on 24 lots)

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

+ + + +

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

±13,705 sq. ft. situated on ±0.70 Acres Zoned M-3 Ideal for an owner/user Asking $2,195,000

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

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

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

50 UNIT MULTI-RESIDENTIAL OFFERING Kitchener, Ontario

+ 25,000 sq. ft. multi-tenant building + Superior downtown location/near LRT + ig traffic e posure backing onto anlon k y + 48 Weber street has been transformed into a modern + Value-add: Under market rents, short term roll overs boutique apartment building + Asking $1,950,000 ($78/sf) + 61 & 65 Roy offer rare live/work space

ATTRACTIVE OFFICE BUILDING Cambridge, Ontario + + + +

+ 16,268 sq. ft. in two buildings on 1.138 acres + l ays leased it e cellent street isibility + Net Operating Income $140,499.25 per year + Asking $2,240,000

FULLY LEASED INDUSTRIAL INVESTMENT Guelph, Ontario

Located within prestigious Shaw Valley subdivision 5.73 acres, Draft Plan Approved Zoned HR3-89, allows single family & townhomes Many lots back onto woodlot and/or ravine-like

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

MULTI-TENANT INDUSTRIAL/COMMERCIAL Kitchener, Ontario

Mel de Oliveira**, CCIM 519 340 2311 mel.deoliveira@cbre.com

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

VACANT LAND CONDO SITE St. Thomas, Ontario + + + +

Total building size: 140,000 sq. ft. Occupancy: 100% Cap Rate: 9.4% Asking $5,950,000

11284449_0318

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

James Craig* 519 340 2330 james.craig2@cbre.com

87 BEDROOM STUDENT RENTAL PROPERTY Waterloo, Ontario + + + +

10 Minute walk to both WLU and U of W campuses. Access to major bus routes and future LRT. On site car parking & furnished units. Asking $7,395,000

James Craig* 519 340 2330 james.craig2@cbre.com

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

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

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

FREESTANDING INDUSTRIAL OPPORTUNITY Waterloo, Ontario + + + +

±9,643 sq. ft. on 0.494 acres Zoned B2 Ideal for owner/user Asking $1,395,000

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

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

ill unter BBA 519 340 2307 will.hunter@cbre.com

www.cbre.ca * Sales Representative ** Broker

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

COM

SOUTHWESTERN ONTARIO COMMERCIAL OPPORTUNITIES SOUTHWESTERN ONTARIO SOUTHWESTERN ONTARIO C O M M E R C I A L OOPPP P O R T U NT II ET SI E S OA R RARE T U N IFIND

C OINDUSTRIAL MMERCIAL LIGHT

FREE STANDING BLDG ATTENTION INVESTORS INCOME PROPERTY

635 Wilton Grove Road - London Ð Building 96,024 square feet Ð Site Area - 6.495 acres Ð Zoned LI 1 Ð Various clear heights - 25’-9’ 93,000 - freecompound standing industrial, Ð Easy access to square 401 withfeet fenced warehouse, office facility

Asking Price $4,950,000 Located on 7.05 acres of land

Sarnia, Ontario

London, Ontario Ð 93,000 sf - freestanding industrial / warehouse and office facility Ð Partially tenanted rice w PAcres NÐ e7.05 Ð 16’-30’ foot clear height Wilton Grove Rddoors - London, ON Ð 1180 Various grade loading Ð Southon-site Londonparking location Ð Ample 2,700 square feet available 18,000- 600v square feet, airwith conditioned Ð 3 power several Ð Phase Taxes $5,190 (2017) Includes of very nicely Ð Lot Size -5,500 60’ xsq.tf. 63’13” connection points with various Zoned RSC4 finished- RSC2, offices amperage’s throughout Ð Asking $315,000 Large lot with 30 car parking Ð 10 cranes ranging from 5-25 ton Jameson Lake * Sale Price Ð Indoor / Outdoor $1,700,000 storage 519.438.8548 jameson.lake@cushwakeswo.com Ð $175,000 NOI w/excess vacancy $1,500,000 Gary Pollock ** 519.931.2174 SALE PRICE $2,950,000 gary.pollock@cushwakeswo.com

1885 Blue Heron Drive - London, ON Ð Near WalMart, Canadian Tire, LCBO, 4 car wash bays Winners, Town, Sport Chek....etc 2Golf drive-thru oil change bays refreshed) Ð Fully air (just conditioned units 1 drive-thru touchless car wash Ð Grade loading Asking $1,295,000 Ð Building veryPoore well mainted Kenn ** x224 2,700 sq.ft. Ð Units 519.438.5588 1,2 - approximately kenn.poore@cushwakeswo.com

Fronting Howard Andrew Johnson * Ave, north of Edinborough St. 16’ - 30’ foot clear heights 519.438.8639 10 cranes ranging from 5-25 tonnes andrew.johnson@cushwakeswo.com

Sale Price $1,625,000 Lease Rate $8.00 psf Net

Brent Rudell *** NOI $215,000 / $567,000 Gross Income 519.438.5608 8.6% Cap Rate of current income brent.rudell@cushwakeswo.com

Tyler Desjardine * PeterPRICE Craig * $2,750,000 INVESTMENT OPPORTUNITIES - London, ON NEW 519.438.5403 519.931.2184 tyler.desjardine@cushwakeswo.com peter.craig@cushwakeswo.com Andrew Johnson, Sales Representative

Partially tenanted with strong income stream

Over 200 K of additional income potential

Asking $2,500,000 ($27.00 psf) RESTAURANT / RETAIL

INDUSTRIAL LAND

Oxford Learning, Hollywood Tan, VACANT City LAND of London

Ð Located in a building to be occupied by 300+ Contact Listing Agents office workers infor 2017further Veterans Memorial Pkwy &details River Rd Ð RestaurantON space available across from London, Budwieser Gardens Andrew Johnson Ð Approximately 9.5 Acres* Ð Complete ktichen with a walk-in cooler, 12 ft 519.438.8639 Ð Excellent exposure to Veterans range hood, gas and electric lines andrew.johnson@cushwakeswo.com Ð Memorial Bright openParkway main floor dining area ÐÐ Convenient highway access to 401 Owner will assist with improvement Ð Zoned H*LI2 David Allowance andJongerden / or free rent * ÐLease Daily519.438.9125 traffic count of approximately Rate $19.95 psf Net david.jongerden@cushwakeswo.com 26,000 vehicle per day David Jongerden * SALE PRICE $995,000 519.438.9125 david.jongerden@cushwakeswo.com

6 Unit Commercial Plaza 10,236 square feet plaza

STRATHROY AREA

e Include: Subway, Pizza Hut, Tenants New P ric

45 King Street - London, ON

519.438.8639 andrew.johnson@cushwakeswo.com

LAKEFRONT FARMLAND

42917

Only 1 remaining vacant unit Major Retail Node in London Contact Tyler for further information on Income, Expense and Rent Roll Asking $4,250,000

Tyler Desjardine * 519.438.5403 Dexter Line - Central Elgin, ON tyler.desjardine@cushwakeswo.com

Ð 201 Acres abutting Lake Erie

David Jongerden, Sales Representative 519.438.9125 Triple Net Land Lease with Best david.jongerden@cushwakeswo.com

Buy Free Standing Building Approximately 37,080 square feet Approximately 3.2 acres BLDG PRESTIGIOUS Strong Tenant Covenant Located across from White Oaks Mall Contact Tyler or Kenn for further information on Income and Expense Asking $10,590,000

Kenn Poore ** 519.438.5588 x224Street - Strathroy, 370 Albert kenn.poore@cushwakeswo.com

Ð 125 Workable and 76 Forested Acres, as well as Potential a farmhousefor andFuture barn. Development Included is income16.58 from a Bell Mobility Tower Approximately Acres lease on the property Located in Byron outside Urban Future income potential through the logging and Growth Boundary maple syrup production Many income sources abound as well as future ÐÐ Great access to 400 Series highways development potential Ð Abutting small towns of Komoka,

Ð ÐÐ ÐÐ

Kilworth and Delaware Asking Price $2,300,000 Ð Zoned AG1

David Jongerden * $2,200,000 SALE PRICE $689,900 519.438.9125 david.jongerden@cushwakeswo.com

Brent Rudell, Broker of Record 519.438.5608 brent.rudell@cushwakeswo.com

Andrew Johnson, Sales Representative 519.438.8639 andrew.johnson@cushwakeswo.com

Jameson Lake, Sales Representative 519.438.8548 jameson.lake@cushwakeswo.com

51 51 9 9. 4. 43388. .555588 88

www.cushwakeswo.com

www.cushwakeswo.com Real Estate Brokerage, Independently Owned and Operated

519.438.5588

A Member of the Cushman & Wakefield Alliance Real Estate Brokerage, Independently Owned and Operated A Member of the Cushman & Wakefield Alliance

www.cushwakeswo.com Real Estate Brokerage, Independently Owned and Operated A4GMember of the Cushman & Wakefield Alliance

Ð 3,165 sq.ft. building on 7.43 acres

Ð Currently farmed for Corn and Beans 1424 Southdale West Ð Sandy Loam and Light Road Clay soil runs throughout the flat andON cleared acreage. London,

Brent Rudell, Broker of Record 519.438.5608 brent.rudell@cushwakeswo.com

COM

2679 Howard Avenue RETAIL / OFFICE Windsor, ON

AUTOMOTIVE PLAZA

Windsor, Ontario

Ð OneQueens storey building / no basement 602 Avenue Ð Zoned C3-4, EP London, ON

BUILDING Ð Premier Lifebreath office system installedin fringe ÐOFFICE space London, Ontario Ð downtwon Handicap washrooms core Stately exterior and private grounds Potential forSF overparking $50,000 Gross Income per year ÐÐ On-site, Up to 38,599free availableincluded in rent Property taxesoff (2016) $12,089 2ÐÐ storey atrium an open concept Over 38,000 square feet executive boardroom ÐAsking Well wired and finished space Price Lease Rate $14.95 psf$449,900 Net

ÐLease Preference for single userpsf but space Rate $10.00 Net

David Jongerden * may be demised 519.438.9125 Tyler Desjardine * david.jongerden@cushwakeswo.com

519.438.5403 LEASE RATE $14.95 psf Net tyler.desjardine@cushwakeswo.com

David Jongerden, Sales Representative 11266917_0318 519.438.9125 david.jongerden@cushwakeswo.com

CUSHMAN & WAKEFIELD

SCUSHMAN o u t h w e s t e& r nWAKEFIELD Ontario

S oRichmond u t h w eSt., s t2nd e rFloor, n OBox n t19 ario 620-A London,St., Ontario N6A 5J9 620-A Richmond 2nd Floor, Box 19

CUSHMAN & WAKEFIELD London, Ontario N6A 5J9

* Sales Representative **Broker *** Broker of Record

Southwestern Ontario

* Sales Representative **Broker *** Broker of Record 620-A Richmond Street 2nd Floor, Box 19 London, Ontario N6A 5J9

ear

W NE T TO R SE ON L O CL LINT G E

Toronto

• Property is Not Priced • Property Fronts on Eglinton Ave West & New Eglinton LRT Line • Clean, Very Well Kept Property with Good Tenants • Low Current Rents; Excellent Upside on Turnover of Tenants • High Efficiency Heating Approx. 3 Years Old • Flat Tar & Gravel Roof Approx. 5 Years Old

CE UP LLE SID NT E

• 3xBach, 1xJr 1 Beds, 20x1 Bed • Four Storey Walk-Up Building • Inspections by Appointment Only; Inspection Dates will be Provided to Interested Parties • Treat Financing as Clear. • No VTB Option Available. • Seller Reserves Right to Refuse Any and All Offers

T EN LL CE IDE X S E UP

Owen Sound VA

• Asking $695,000 • Asking $99,286 per Suite • Located in the Heart of Downtown Owen Sound • Various Amenities located within Walking Distance • Vacant Commercial/Retail Unit has not been Included in Calculation of Gross Income • Property may Require Additional Upgrades and Capital in Order to Maximize Potential

LU PO E-A RT DD UN ITY

• 1 x Jr. 1 Bedroom 2 x One Bedrooms 2 x Two Bedrooms 2 x Commercial/Retail • Property can be Purchased Together with 261-281 9th St East or Separately • 6.9% CAP Rate • 17.1% R.O.I. • Treat Financing as Clear Purchaser to Arrange Financing

5 Suites + 2 Comm.

BA T & W HUR ILS ST ON

• 4 x Bachelor • Asking $7,250,000 • Asking $213,235 per Suite 11 x One Bedrooms 19 x Two Bedrooms • Quiet Residential Neighbourhood with Excellent Proximity to 401

• Lower than Average Rents, Excellent Upside

• Bus Stop Directly Across the Street • Good Size Units, Well Kept Building w/ Elevator • Walk to Park (behind

on Turnover

• Tenants Pay Own Hydro • Walking Distance to Many

building) and to Baycrest Hospital

Amenities along Bathurst • Treat Financing as Clear! Corridor

34 Suites

24 Suites

E TIV AC E TR RAT T A AP C

North York

Red Rock

E BL DA NT OR TME F AF VES IN

• Asking $795,000 • Asking $46,765 per Suite • Well Maintained Property; Excellent Superintendent on Site • About 50% of Units Have New Carpeting in Last 5 Years • Hallways Painted; Carpets & Flooring in Common Areas Replaced • Tenants Pay Their Own Hydro

• Asking $995,000 • Asking $66,333 per Suite • Located in the Heart of Downtown Owen Sound • Vacant Commercial/ Retail Units have not been Included in Calculation of Gross Income • Property may Require Additional Upgrades and Capital in Order to Maximize Potential • Potential Upside in Rent upon Unit Turnover

• 3 x One Bedrooms 12 x Two Bedrooms 2 x Three Bedrooms • Walk-Up Building w/ Coin Laundry • Approx. 1.49 Acre Lot Area; 281.66 Feet Frontage; Irregular • Quiet Small Town Atmosphere with Great Quality of Life & Sense of Community • This Property is One of Only a Few Rental Buildings in Town

17 Suites

Owen Sound

IVE CT RA ATE T AT AP R C

N UN EAR DE RB AY

V OP ALUE PO RT ADD UN ITY

• 1 x Bachelor 7 x One Bedrooms 1 x Two Bedrooms 6 x Commercial/Retail • Property can be Purchased Together with 950-956 2nd Ave East or Separately • 7.5% CAP Rate • 19.6% R.O.I. • Treat Financing as Clear Purchaser to Arrange Financing

9 Suites + 6 Comm.

Niagara Falls

NT CE S RE NT

T AS REA CL T EA R

NY EME MA OV

IMP

• Asking $1,230,000 • Asking $123,000 per Suite • Located in Residential Neighbourhood close to the Falls and Tourism Area

• 2 x Bachelor 8 x Two Bedrooms • Significant Unused Space in Basement - Potential Development • Potential Upside in Rents

• Many Recent Improvements including Complete Electrical Updating, Common Area

on Turnover • Large Bedrooms in All Two Bedroom Units

Improvements, and Suite

• 5.0% CAP Rate

Renovations

• Treat Financing as Clear!

10 Suites

8172756_0318

COM

325 BARTON ST., HAMILTON

247 CENTENNIAL PARKWAY N., HAMILTON

QEW & CENTENNIAL PARKWAY 45 GODERICH

OFFICE/WAREHOUSE

COMMERCIAL/RETAIL/ OFFICE SPACE

OFFICE SPACE

Space available with overhead door. Close to highway and in very visible location. Ideal for light industrial/distribution. 2760 sq. ft. - $2,208.00 + HST

For Lease - 4153 sq. ft. from $7.50 per sq. ft. Close to QEW, Red Hill Parkway & major bus routes.

Available Immediately. 1403 sq. ft. Plenty of parking and signage. Easy access to QEW. Rent from $11.00 per sq. ft.

0318_DJW_0015

1917_DJW_1_0028

1917_DJW_1_7007

Tony DeSantis E-mail:

8148088_0318

905-777-0252 ext 304 info@desantis.com

www.desantis.com

What our clients are saying about us

SOLD Jun 10 -

Jul 08, 201 7, Volume

INCORPO Full Covera

17 Issue

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ge Area Incl

THROUGH THE COMMERCIAL INVESTOR

ings Haves & Daily, Wa 75% Exc nts, lusive Results 3-7 secondsin your pho on ne

Get The Com

Lrg building for sale in Downtown Hamilton. Former Presbyterian Church building - 3 flrs of offices, including gym, chapel, lrg sanctuary. Many poss. on this site from retrofitting the building to full redevelopment. Located at South W corner of Tisdale N and King W. 1917_DJW_1_0009

Nicholas Kazan, Nicolas von Bredow, Royal LePage Macro Realty, Brokerage

250-2247 Rymal Rd. E. Stoney Creek, Ont. L8J 2V8

Broker nkazan@royallepage.ca Office 905.574.3038

Broker nvbredow@royallepage.ca Office 905.574.3038

Not intended to solicit Properties or Buyers Currently Under Contract

NT PROPER

Existing

rental build lot for sale ing PLUS prime 1 Bay Stree comm t, Baysville, ercial building Ontario $495,00 0.00 overlookin g Lake Visit webs ite: <bay of Bays dam-site streetboys for full inform .ca> Contact: george@ba ation ystreetboy s.ca or Tel:

mercial Inves

Directly

tor delivered

(705) 767

directly to

-3743

your door!

See inside

for details

(COM)

ION!

ELOPME

FC_2317

6-214-48 41 7

CONTACT: WINSTON WINCORP DAVIE REALTY INC. REAL S, BROKER OF RECORD ESTATE BROKERAG TEL: 519E GUEL 836EMAIL: PH,ONTARIO wjmdavies 2080 @rogers.c om

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iciworld.mo bi Add It To Your Or Add The Home Screen ICIWorld App

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• Large SOLD BY and WINCORP • Have many Small Apartment REALTY Buildings INC. • Specializin CASH Buye anywhere rs in Ontario • Reference g in multi-resid ready to inves ential sales t NOW • Confidenti s supplied for over ality guara 40 years nteed

PRIME MU

BSCRIPT

$1,050,000

Ottawa!

S WANTED D TE AN W

| www.Hea therAhrens | Office: 705-887.ca 7878

ENT BUIL DING

TED WAN

Brokers Mobile Real Esta Networking te Associati on New List

ICIWorld.com

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APARTM

D NTE WA

Over 6 acres of Indust on main busy County rial zoned (M1-1) property uses under Rd with approx current zoning 121 in Fenelo . beautiful n Falls. include High traffic 89ft of road frontag Centur e fenced storag y Home with Large boat repair and exposure. Permit e area & Shop & Works furniture repair ing chang so much shop. Reside ted hop e to in a motor vehicle M1, custom workshmore to offer!! Additioareas each approx 20`x40` & op, industr nal parts, Busine ial mall, warehuses dependent ss/Profession on zonousing, dry al office, HEATHE etc. MLS# land 631600202, marina, R AHR X3763501 Email: Heat REMAX All-Sta ENS Sales Repre rs Realty herAhrens senta @remax.ne Inc., Brokerage tive Phone: 705t

IN HAMILTON

ISE AND BUSINES

uding Win S OPPO HOME BASE dsor, Ham RTUNITIE D M1-1 ZONI ilton, Toro S 551 CTY RD NG nto, Niagar 121, FENE INVESTMENT OPPO a Falls, Kin LON FALL S, KAWARTH RTUNITY!! gston and 00 LARGE A LAKES 9,0 AND SMA 84 LL

344-4235

IN HAMILTON BUILDING FOR SALE

For information call 1.800.268.0077

SOLD

0318_DJW_0020

12 storeys residential at density up to 242 bedrooms per acre • 11,500 sq ft vacant professional office building currently on site • MLS • Call Duncan McLean

$12,900,000

• 22,716 sq. ft. commercial investment • Fully leased to long term tenants including McDonalds, Tim Hortons, Libro Credit Union, Little Short Stop and Shell • High traffic intersection at Northfield Drive and Davenport Road • Exclusive • Call Neil Koebel #3 - 35 CHERRY BLOSSOM RD, CAMBRIDGE

$249,900

3917_DJW_0012

$629,900

• Solid investment property on .25 acre with redevelopment potential • Close to transit & 401 • Five unit apartment building plus hobby garage with two bays, pit & hoist • Approx. $100,000 invested since 2005 in maintenance, renovations/improvements • MLS. • Call Ryan Briggs

$25.00/SF

• 20 year old established catering business • State of the Art industrial kitchen with storefront cafe & temperature controlled trailer • Business includes contracts and assets • Financials etc. are available for qualified buyers • MLS • Call Christina Rooney 519-654-2408

$21/SF

#4 - 885 GLASGOW ST, KITCHENER 3917_DJW_0013

3517_DJW_0030

222 KING ST. SOUTH , WATERLOO

• Units of 967, 1367, 1390 and 2334 sq. ft. • Prime Uptown Waterloo location, across from Sun Life Financial, on future LRT route. • Newly constructed, ground floor. Suitable for office, clinic, personal service use, financial institution, and coffee/bake shop. • MLS. • Call Rebecca Rawlings

KITCHENER, ONTARIO

519.578.0337

CELL:

193 WATER ST S, CAMBRIDGE

$1,095,000

• 4.84 acres of natural open space land • Currently zoned OS1 • Close to the Grand River and Churchill Park • Pre-Consultation document proposing low to medium density residential with between 40 48 units is available • MLS • Call Duncan McLean 255 NORTHFIELD DR, WATERLOO

$25 - $40/SF

• 1,000 - 9,505sf inline and pad sites, to be constructed • MXC zoning permits many uses • Complex will include 250 residential units • 15 minute walk to future Light Rail Transit route • MLS • Call Duncan McLean 281 GODERICH ST, PORT ELGIN

FROM $15/SF

1917_DJW_0071

4717_DJW_0028

1214-1218 KING ST E, CAMBRIDGE

• 4,200 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 • Exclusive • Call Ryan Briggs

4717_DJW_0043

• Mixed use building in the heart of Uptown Waterloo • 8 - 4 Bedroom suites and 2 Commercial Units • 13 parking spaces and roof top patio area • 800 sf Main floor commercial unit is currently rented to a registered massage therapist. Second commercial unit is a public laundromat for additional income • MLS • Call Ryan Briggs

$1,200,000

2317_DJW_0044

55 NORTHFIELD DR E, WATERLOO 0318_DJW_0039

$2,800,000

1917_DJW_0031

34 BRIDGEPORT RD E, WATERLOO

159 ERB ST W, WATERLOO 1917_DJW_1_0029

$4,995,000

3117_DJW_0014

• 2 acre high profile redevelopment site • Proposed C-2 zoning allows for high density residential/mixed use neighbourhood commercial • Minutes to Hwy 85, on public transit route and few blocks from two future LRT stops • Ideal for main floor commercial and up to

$5,900,000

• 2.41 acre multi-residential development site • Zoned R.4B permits up to 10 storeys, 150 units per hectare • Services available at property line through Parkside subdivision • Exclusive • Call Neil Koebel

• Easy access to Conestoga Expressway, shopping, restaurants & public transit • Exclusive • Call Neil Koebel

SOLD

2317_DJW_0043

153 UNION ST E, WATERLOO

WATSON PARKWAY N, GUELPH

• 1,500sf light-filled space with ample windows, four offices, washroom and staff room • Full Basement available at low additional cost • I-1 zoning allows numerous health, financial, office or personal uses • CAM $11.31/sf • MLS. • Call Duncan McLean

• High visibility Port Elgin Square • 8,500 sf unit with shipping dock • Potential pad site w/design/build opportunity • CAM $5.25/sf • Join Bruce Power, Carey Optical, Pindrop Hearing Centre, Co-Operators and UPI Gas Bar • Exclusive • Call Duncan McLean

NEIL KOEBEL

RYAN BRIGGS

DUNCAN MCLEAN

Broker of Record

Sales Representative

519-741-6594

Neil@cmarealty.ca

CELL:

519.498.5775

Ryan@cmarealty.ca

CELL:

11280798_0318

• 65,637 sq ft Multi-Tenant Office/Business Centre • 5.14 acres with 515.06' frontage • I2-6 Zoning • Fully leased with four major tenants in place

$8,409,000

3917_DJW_8029

3917_DJW_0011

60 NORTHLAND ROAD, WATERLOO

519.590.7997

Duncan@cmarealty.ca 7G

COM

trebreport

TREB commercial leasing and sales report: Q4 2017 Leasing activity up compared to last year

oronto Real Estate Board President Tim Syrianos announced commercial leasing and sales statistics reported through TREB’s MLS system for the fourth quarter of 2017.

TREB commercial network members reported more than 5.98 million sq. ft. of combined industrial, commercial/retail and office space leased through TREB’s MLS System. This result was up from 5.82 million sq. ft. leased during the last three months of 2016. The great majority of leased square footage was accounted for by the industrial market segment, at 75 per cent of the total, or approximately 4.5 million sq. ft. This result was down slightly compared to Q4 2016. Average lease rates reported on a per-square-foot net basis for transactions with pricing disclosed were up for all major market segments. The average industrial and commercial/ retail lease rates remained at similar levels to last year, whereas the average office lease rate was up by a more substantial annual rate. Much of the growth in the office lease rate was accounted for by a different mix of space leasing in larger size categories compared to 2016. “The fact that Q4 2017 leasing activity was up compared to last year is a positive sign and is in line with the consensus view that economic growth in Canada will remain relatively strong in the coming year with business investment intentions remaining positive. Businesses take on new space when they are confident that their business will expand in the future,” says Syrianos. Combined industrial, commercial/retail and office sales reported by TREB Commercial Network Members amounted to 211 in Q4 2017 – down from a total of 366 sales reported in Q4 2016. Average sale prices on a per-square-foot basis for transactions with pricing disclosed were up for the industrial and office market segments and down for the commercial/ retail segment. Year-over-year changes in selling prices were due to both market conditions and changes in the mix of properties sold. For office properties in particular, a change in the mix of properties sold between Q4 2016 and Q4 2017 was a major factor. 8G

COM

FOURTH QUARTER 2017: ALL COMMERCIAL LEASE TRANSACTIONS: Per sq. ft. net commercial leasing summary Lease transactions completed on a per sq. ft. net basis with pricing disclosed on Toronto MLS

Leased sq. ft. (Price disclosed, per sq. ft. net) Q4 2017

Q4 2016

% Change

4,467,220

4,541,916

-1.6%

Commercial

529,076

588,980

-10.2%

Office

989,545

693,589

42.7%

Total

5,985,841

5,824,485

2.8%

Q4 2017

Q4 2016

% Change

Industrial

$6.80

$6.23

9.1%

Commercial

$20.99

$20.65

1.6%

Office

$15.58

$12.86

21.2%

Industrial

Avg. lease rate

FOURTH QUARTER 2017: ALL COMMERCIAL SALE TRANSACTIONS: Commercial sales completed with pricing disclosed on Toronto MLS Sales (Price disclosed) Q4 2017

Q4 2016

% Change

Industrial

133

-43.6%

Commercial

140

-38.6%

Office

-46.2%

Total

211

366

-42.3%

Avg. sale price per sq. ft. (Pricing disclosed) Q4 2017

Q4 2016

% Change

Industrial

$168.87

$100.39

68.2%

Commercial

$199.17

$257.29

-22.6%

Office

$388.04

$180.35

115.2%

NOTE: Some table totals may differ due to conversion and rounding.

AVAILABLE

INVESTMENT OPPORTUNITIES

SOUTHWESTERN ONTARIO INVESTMENT TEAM

COMMERCIAL CONDOS FOR SALE London, Ontario

175 BED STUDENT HOUSING PROPERTY Waterloo, Ontario

+ Flexible units from 941 to 8,448 Sq. Ft. + Asking prices starting at $69,900 to $669,500 + Condo fees are $4.00 to $8.00 per sq. ft.

Greg Harris* 519 286 2011 greg.harris@cbre.com

Rick Spencer** 519 286 2005 rick.spencer@cbre.com

+ + + +

James Craig* 519 340 2330 james.craig2@cbre.com

RIVERFRONT TOWNHOUSE SITES Brantford, Ontario + + + +

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

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

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

Windsor, Ontario

+ + + +

48.613 acres | 978.12 ft. frontage Situated along highway 401 Close to proposed site of new mega-hospital Asking: $3,950,000

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

Brad Collins* 519 946 3034 brad.collins@cbre.com

OFFICE INVESTMENT Windsor, Ontario

+ 45.18 Acres (±31 usable acres) + Zoned Z10 (H) + Asking $1,695,000

+ Institutional grade boutique office building + Located in the downtown core + Tenant profile dominated by Scotiabank at 62% of the Net Rentable Area of the building

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

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

INVESTMENT OPPORTUNITY Kitchener, Ontario + 18,800 Sq. Ft. Fully leased office building + 3.13 Acres of development land + Located in the desirable Sportsworld node

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

CAMPGROUND/DEVELOPMENT OPPORTUNITY

LAND OPPORTUNITY Wilmot Township, Ontario

±4.6 acre site with potential 61 town/semi units Flanking the Grand River & SC Johnson Trail Centrally located near downtown Brantford. Asking $2,745,000

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

36 fully furnished suites (4&5 bedrooms) On-site parking with bicycle storage Concrete building circa 2014 100% occupancy for 2017/18 term.

11314136_0318

INDUSTRIAL DEVELOPMENT LAND London, Ontario

238 BEDROOM STUDENT RENTAL PROPERTY Oshawa, Ontario + + + +

Within walking distance to UOIT & Durham College 48 units with desirable mix of 3, 4 & 5 bdrm units Oversized bedrooms with large windows On-site car parking

James Craig* Joe Benninger* CCIM 519 340 2323 519 340 2330 james.craig2@cbre.com joe.benninger@cbre.com

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

Brad Collins* 519 946 3034 brad.collins@cbre.com

+ + + +

3.29 acres, with services at the road Zoned LI1, allowing a variety of uses Surrounded by new development, close to Hwy 401 Asking $620,000

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

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

www.cbre.ca * Sales Representative ** Broker

COM

COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_0318

Bill Bradley

Sales Representative

416.258.6866

Independently Owned & Operated

exitwithbill@gmail.com

Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866

Here is a lovely hotel made into a 113 suite Retirement Home on 11 floors in downtown Niagara Falls. Walking distance to the new casino and the Falls.

GUELPH • 12 Rental Rooms • 5 Apartments • 12 Bed Senior Facility • Huge Kitchen • Large Dining Room • 2 Additional Buildings • Zoned - Institutional • 8.62 Acres

$5,000,000

49 ACRES OF COMMERCIAL PROPERTY FOR SALE

RETIREMENT HOME

$14,900,000

ON THE SOUTH WEST CORNER OF MILTON, ONTARIO. WE ARE TOLD THAT A LARGE UNIVERSITY IS PLANNED FOR THE AREA JUST ACROSS THE ROAD FROM THE 49 ACRE PROPERTY. BUY THE PROPERTY AND DOUBLE YOUR MONEY IN 2 TO 3 YEARS’ TIME. AT PRESENT THE PROPERTY IS NICE CLEAN CLEAR LAND.

FOR SALE

LAND – $1,990,000.

FINISHED MALL $13,900,000. PLUS HST

PRIME 5.2 ACRES OF APPROVED COMMERCIAL LAND READY TO BUILD A 57,700 SQ. FT. PLAZA. PRICE $1,990,000. OR BUY A COMPLETELY FINISHED BUILT PLAZA ON THE 5.2 ACRES WITH 30 RETAIL STORES AND OFFICES PLUS 250 CUSTOMER PARKING ON A VERY BUSY MAIN ST. IN AN AREA WITH APPROX. 90,000 POPULATION AND GROWING.

SELLERS AND BUYERS WANTED 10G COM

Volume 18 Issue 01

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

INDEX Kitchener, Waterloo & Guelph Southwestern Ontario

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Commercial Real Estate & Business Opportunities

Volume 18 Issue 01

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Special Features 6 IN THE NEWS — Avison Young releases 2018 commercial and real estate forecast 14 IN THE NEWS — New federal small business tax proposal update 30 MONEY SENSE — Canadians keen to support small businesses 38 TRENDING — Open versus private workspaces: a survey

GLOSSY SECTION EDITORIAL 8G TREB REPORT — Commercial leasing and sales report Q4 2017 12G IN THE NEWS — Strategic objectives: provincial economies and markets vary and so should your investment strategies 14G IN THE NEWS — Economic growth forecast 2018

p14G Please say you saw it in The Commercial Investor

Volume 18 Issue 01

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Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 01

www.teammilovick.com

519-745-7000

BROKERAGE INDEPENDENTLY OWNED AND OPERATED

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

Mike Milovick B.B.A., CCIM, Broker mike@teammilovick.com

fax: 519-489-1333

Jennifer Shingler

www.TeamMilovick.com

11298911_0318

Grand Valley Realty

Sales Representative jenn@teammilovick.com

Invest in Ontario’s Number 1 Town Today! Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 317 SPRUCE STREET, WATERLOO • Over $93,700+ Potential Gross Income! • Meticulously maintained, owner-managed, triplex • Features a 2097 square foot purpose-built addition • Five minute walk to WLU • Fifteen minute walk to UW • Rental licensed, city approved opportunity. • Three 5 bedroom units. • Fully rented • Individual gas and electricity meters • Newer roof • Investor work sheet Available • MLS®

1,095,000

0318_DJW_0013

22 EZRA AVENUE, WATERLOO

12 ETON DR , KITCHENER

• Nearly $63,000 Annual Gross Income • Steps to Wilfrid Laurier on Most Desirable Student Street • City Approved Rental Licensed Duplex with Ten Rental Bedrooms • Ideal Opportunity to Warehouse Site for Future Land Assembly • MLS®

699,900

4717_DJW_0027

570,000

• Outstanding duplex in prestigious Rosemount neighbourhood! • Projected income of $34,200! • Tens of thousands of dollars spent here in capital expenditures. No expense spared. • The lower unit is currently rented

25 EUCLID AVENUE , WATERLOO

0318_DJW_0014

449,900

to tenants that pay $1350 a month plus electricity. • The upper unit is vacant– ideal for owner occupation or great opportunity for new landlord to set own rents. • Walk Score of 72 0318_DJW_6615

1-12 BRIDGEPORT ROAD E, WATERLOO

314,900

• $31,500 Gross Annual Income • The two, City approved, Class A3 Available Here! licenses, provide for up to six rental • Duplex, in unbeatable Uptown bedrooms. Waterloo/Old Westmount Waterloo Upswing in income available by renting location! by bedroom to students on re-rental, • Easy walk or LRT ride to both University charging for parking, and/or leasing of Waterloo or Wilfrid Laurier out the oversized, detached garage. University. • MLS® 0318_DJW_0012

• $32,400+ Potential Gross Income available here! Turn key! • Designed with student living in mind. Rental licensed, Class Z5 Premium license - City approved. • One year lease in place until end of August 2017, four tenants pay $550 inclusive, one tenant

Please say you saw it in The Commercial Investor

pays $500 with owner generating an additional $50 a month for parking. • Great opportunity for parent with kid going to school or investor seeking turn key income. • MLS® 1917_DJW_0018

inthenews

Avison Young releases 2018 commercial real estate forecast Change and opportunity will abound in 2018

apid change is underway in the world’s commercial real estate industry. The industry continues to contend with differing property fundamentals across asset types, markets and regions, with occupier behaviour, innovation and technology acting as key sources of change that are taxing the sector. The current interestrate environment is another contributor to this change – albeit a somewhat limited factor. These are some of the key trends noted in Avison Young’s recently released 2018 North America and Europe

Commercial Real Estate Forecast. The annual report covers the office, retail, industrial and investment sectors in 67 markets in six countries on two continents. “We have spent the better part of three years debating where we are in the real estate cycle; for 2017, we dragged out a baseball analogy, pondering what inning we were in,” says Mark E. Rose, chair and CEO of Avison Young. “We concluded that the real estate industry was in the late stages of the game, but could be headed into extra innings. As we start 2018, the game is still going, but there is a clear and palpable difference. Change is underway and the dynamics on the field are in flux. Our industry needs to decide what to do next.” Rose continues: “As we greet the new year, however, a critical difference is that change is in motion – change that is positive, powerful and moving very quickly. This is the type of change that creates opportunity and allows …continued on page 32

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Commercial Real Estate & Business Opportunities BROOK BUILDING CONSULTANTS

PROTECTING YOUR INVESTMENT

Fac i l i ty Pl a n n i n g - R E S E R V E F UN D P L A N N I N G R E S E RV E

FUND STUDY (RFS) PLANNING (also r e f e r r e d t o a s a S TAT U S REPORT) for an individual building project, townhouses, portfolio of single family and townhouse, commercial property and/or any mixed occupancy new or old is an integral part of an owner ’s/property/facility manager’s planning process. PREVENT DISAPPOINTMENT AND WORTHLESS STUDIES BY ASKING FOR: 1. Scope of Services - must c l e a r l y d e ﬁ n e t h e c l i e n t ’s requirements. Far too often the property manager’s request is simply an email asking for a quote for a project and an address. A well prepared scope of services will ensure an equal playing ﬁeld in that the bidders are bidding “Apples with Apples” not “Apples with Oranges.” 2. Provincial Requirements Some provinces require condominiums to have various levels of RFS review every three years with the initial year and every six years include a full Building Condition Assessment. 3.. Portfolio Planning use the RFS as a future planning tool for portfolio Capital Asset Planning. 4. SPECIALTY CONSULTANT Recommend commissioning a Professional Engineer and Professional Quantity Surveyor with extensive experience in Building Engineering and Cost Engineering.

STEP ONE: BUILDING CONDITION ASSESSMENT (BCA) 1. A building condition assessment must be undertaken by an experienced professional to document the existing conditions and issues and provide an opinion on the Remaining Useful Life of all building components and building systems. 2. The BCA information will form the basis for the reserve fund study. The consultant should provide a Standards of Practice to explain what they will be provided in the report.

STEP TWO: RESERVE FUND STUDY (RFS) 1. The BCA - Using the information provided in the BCA the professional quantity surveyor will estimate the approximate cost for major repairs or replacements of all building comments, systems and equipment which need attention beyond the normal regular maintenance items. 2. The RFS - is generally based on a 30 year period with provision to review on a regular bases, usually every 3 years. Based upon our experience the most important information includes the items which will require attention in the ﬁrst 10 years. 3. The RFS - provides itemizes Present Worth and Future Worth values for items documented in the BCA and/or based on experience and normal life cycle expectancy

Additional Information - Refer to our “Protecting Your Investment” articles: Scope of Services, Building Condition Surveys and Building Capital Asset Planning.

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

www.BrookBC.com 905-385-4496 1-888-343-3023 11236833_0318

Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 01

Commercial Real Estate & Business Opportunities

Volume 18 Issue 01

Kitchener/Waterloo Guelph & Cambridge

COLDWELL BANKER COMMERCIAL COLDWELL BANKERREALTY, COMMERCIAL PETER BENNINGER BROKERAGE

PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. PHONE: 519-743-5211 508 RIVERBEND DRIVE, KITCHENER, ON. PHONE: 519-743-5211

909 SF · $800/mo. · MLS:30560474 · Kitchener R E TA I L / O F F I C E Low space. Utilities Gary ·Boudreau* 5 2 3 cost SF ·oﬃce $2,500/Mth · MLS: extra. 30615780 Waterloo COLDWELL BANKER COMMERCIAL FROERTASIAL L/ EO/FLFEIAC SE E New retail unit ready for occupancy. Located in the 1,824 SF · $16.95/SF · MLS:30535669 · Kitchener BROKERAGE of the University District. Patio area. Gross rent F OPETER R S A LBENNINGER E / L E A S E REALTY,heart

1,184 SF · $16.00/SF · MLS:30538507 · Kitchener Drive up retail unit with signage on Highland Rd. 1,071 SF · $18.50/SF ·MLS:30558620 ·Waterloo Centrally located on high traffic road in a high Main oor opportunity in well known, awardsupport. winning density residential area. Strong tenant away from Lester Tobin* New Building, High Visibility, Free on-site parking. building. High traffic intersection. Seconds +UtilitiesON. Lester Tobin* Hwy 85. Colin Vogel* 508 RIVERBEND DRIVE, KITCHENER, John Hoffman*/Gary Boudreau* 1,740 SF · $32.00/SF · MLS: 30554732 · Waterloo 800 SF · $21.00/SF · MLS:30543919 · Waterloo Former restaurant/bar in University District. 460-865 SF · $29/SF Net · MLS:30615776· Main oor opportunity. High traffic intersection of PHONE: 519-743-5211 RETAIL CONDO FORlocated SALE · 5 2 3 SF · $269,000 1,197 SF · $14.00/SF · MLS: 30558849 · Waterloo 1,413 SF · $2,200/Mth · MLS: 30516996 On-site parking. Corner Unit. Lester Tobin* Bridge.location Secondsfor from Hwy use. 85. Waterloo New retail units. SeptSt1/18 Occupancy. in corner building at King ronting on Erb University MLS: 30615884 · Waterloo· New retail unit ready for Located Kitchener ·&Great Medical Colin Vogel* St. Ampleinparking nearby. Lester Parking Tobin* Located the heart of the University District. occupancy. Located in the heart of the University Gary Boudreau* 3,100 SF · $10.00/SF · MLS: 30543869 · Waterloo 909 SF · $800/mo. · MLS:30560474 · Kitchener 1,184 SF · $16.00/SF · MLS:30538507 · Kitchener R Eincludes TA I Lpatio / exposure O Farea F I and C& Etraffic. District. office Price one parking Lester Tobin* 920 SF · $1,999/Month · MLS: 30557358 · Waterloo available. Medical space High Ample Low cost space. Utilities Gary 388SF · office $895/Month · MLS: extra. 30557365 · Boudreau* Waterloo Drive up retail unit with signage on Highland Rd. Lester Tobin* space. freeFparking, onsite large windows, close to public Utilities renovated, finis in ed aoffice. CentrallyIncluded. located Newly on high traffic road high OR SALE/LEASE Utilities Finished private office.· Waterloo 2nd oor. 3,058 SF SFIncluded. $18/SF · MLS: 30584437 transit, Universities & Conestoga College Lester Tobin* 1,824 oor,residential 4 large windows abundance of density area. provide Strong an tenant support. · MLS:30535669 · Kitchener 2nd · · $16.95/SF Large window provides lots of natural light. Sept 1/17 Bea tiBuilding, lly finished Centrally located parking. to K-W natural light. Portion of unit is vacant Lester RETAIL CONDO WITH BUSINESS FOR SALE New and ready for Tobin* High office. Visibility, Free on-site possession. Colin Vogel* wrapHoffman*/Gary around windows. Mix of occupancy. · $4,100,000 Waterloo and Guelph. Large John 22,383 SF · · 2.69 WATERLOO 9 0 0 Ac. SF · $949,999 · MLS:· 30615152 Colin Vogel* Boudreau* 1,740 SF · $32.00/SF · MLS: 30554732 · Waterloo Purpose built building, Business conveniently located all at privateSF offices/meeting rooms and open space. 800 SF · $21.00/SF · MLS:30543919 · Waterloo Propertyrestaurant/bar andoffice Restaurant including 30502665 · Kitchener · $26.00/SF · MLS: Former located in University District. 1,488 Main oor opportunity. High traffic intersection of SF · plaza $14.00/SF · MLS:of30558849 · Waterloo on. one Currently nished for 1,197 aequipment, high pro ecology le intersec New retail on corner Fischer Colin Hallman and 1,114 SF · $12.00/SF · MLS:30524639 · Kitchener unitUnit. and parking space. Any Vogel* On-site parking. Corner Lester Tobin* University Seconds from Hwy oners to take over85.a 1-2&general prac 3,500 SF · Bridge. $6.95/SF · MLS 30596427 corner ronting on Erb professional office user, but presents ideal Located SeabrookinDr. Highbuilding exposureat-King highSttraffic. Ample on Looking LesteranTobin* restaurant type permitted. Colin Vogel* red Waterloo, doctor. Includes 4 from fully of a in reNorth Waterloooffice · Located minutes Ample Tobin* medical opportunity for medical conversion or complete St. drive-up parking. 1,957 SFparking · nearby. $15.25/SF · MLS:Lester 30551894 3,100 SF · $10.00/SF · MLS: 30543869 · Waterloo site area, equipped examExisting rooms, built in SFrecepof on office, redevelopment for increased Universities. 200 30557358 TURN-KEY STORE FOR density. LEASE SF · $1,999/Month · MLS: · Waterloo Medical officeCONVENIENCE space High exposure & traffic. Ample Waterloo · Great Opportunity to get in at the 920 388SF Waterloo wai in busy doors. retail 890 SF · · $895/Month $1,890/Mth. · MLS: 30557365 30557318 · Kitchener Benninger**/Chris oorng room drains,& washrooms. drive renovated, inLocated shipping WATERLOO · 1 ,Peter 2 8 6 large SF · $27.00/SF MLS:Kolednik** 30615287 onsite free parking, windows, · close to public ground level! Many permitted uses allowed - unit Utilities Included. Newly finis ed office. Lester Tobin* Utilities Included.space Finished private office. oor. plaza with a Shoppers Drug Mart. Great Basement behind grand river2nd hospital Steve Gerakopulos* transit, Universities & Conestoga College Lester Tobin* 2nd oor, 4 large windows provide an abundance of Brand new fully turn-key convenience store in the divisible. Chris Kolednik** 30,359 SF • 1,363 SF Mezz. • $3,450,000 • Waterloo More Large window provides lots natural light. Sept 1/17 units available. Call oftoday! Chris Kolednik** naturalSFlight. Portion of is vacant and ready for heart of the University District. Rental rate includes possession. 5,652 · $12.50/SF · unit MLS:30562379 · Kitchener Colin Vogel* 2.71 Ac.(+/-) Professionally nished office space. · Waterloo 22,383 SF · 2.69 Ac. 50,000Building, SF · High 3.87 Visibility, Acres · Free $2,999,000 occupancy. Colin Vogel* 975 SFSF · $17.25/SF · MLS: · 30631088 Lester Tobin* all equipment. extra.· $4,100,000 on-site · $850/Mth. · MLS: 30555731 Kitchener New Unique design Stock with sky-lighted hallway & many sky- 390 Purpose built office building, conveniently located at 1,488 MLS 30588249 · John BranHoffman ord · Outdoor · grand MLS: 30502665 · aKitchener SF directly · ·$26.00/SF ar o Storage reau* Waterloo Greatbehind opportunity to join growing river hospital. Unit is parking.. lights throughout. Features an execu ve boardroom Located 1,114 SF · $12.00/SF · MLS:30524639 · Kitchener nished for New retail plaza on corner of Fischer Hallman and Permitted. a1,114 highSFpro le intersec on. Currently Income in place for a · $12.00/SF 30616311· Kitchener for medical practitioner and lookingstart for short university area community your Looking 1-2 general for catering, many smaller perfect w/adjoining kitchene e· MLS: oners take prac professional office user, but presents an ideal Seabrook Dr. High exposure - high traffic. Ample on PROFESSIONAL OFFICE LEASEa listing SPACE agentto FOR for over income occupancy. Call for Chris more info! user/investor- call boardrooms/kitchene es, change room & shower term business! Kolednik** Includes 4 fully medicalSFoffice of a re red doctor. opportunity for medical conversion or complete site drive-up parking. 30564411 •Waterloo Tobin* 1,800 details. • $15.00/SF • MLS#Steve Gerakopulos* ChrisLester Kolednik** facili Vogel*/Peter Benninger**/ area es. ,staff areaColin w/private washroom and rear equipped exam on rooms, built recep ononarea, redevelopment for increased density. Good Exposure Erb St. Unitin features site Chris Kolednik** 13,600 SF · $12.95/SF · MLS:30611548 entrance. On-site parking, wheelchair ac- 890 & washrooms. in busy retail wai ng room 30557318 ·· Kitchener Peterfree Benninger**/Chris Kolednik** 4 private offices andLocated large open work or 1,071SFSF· ·$1,890/Mth. $18.50/SF ·· MLS: MLS:30558620 Waterloo parking, TRANSPORTATION TERMINAL FOR SALE Kitchener · Officespace spacebehind with large windows. High classroom plaza with space. a Shoppers Drug Mart. Roman Lester Tobin* Great Basement grand award river hospital cessibility and pharmacy on-site. Strong tenant Main Ginzburg* oor opportunity in well known, winning 18,000 SF · 2.25 Ac · $3,050,000 · MLS: 30577766 · · MLS: 30551894 ·• Waterloo Waterloo More 1,957 SFSF· • $22.00/SF street frontage. Exposure in hi-tech 30,359 Mezz. • $3,450,000 units available. Call High today! Chris Kolednik** support & 1,363 close SF proximity to both hospitals for exposure High traffic intersection. Seconds away from Guelph · Freestanding Truck Terminal. Fully Fenced Great Ac.(+/-) Opportunity to get in at the ground level! building. 5,652 SF SF · · $12.50/SF 1,413 $12.00/SF ·· MLS:30562379 MLS: 30516996 ·· Kitchener 2.71 Professionally nished office space. corridor. Steve Gerakopulos* 85. Colin Vogel* Lester Tobin* Many permitted usessky-lighted allowed - unit divisible. Callskyfor Hwy New Building, High Visibility, Free on-site w/electronic gates. Minutes from theGary 401. Being Sold location for Medical use. Boudreau* 390 SF · $850/Mth. · MLS: 30555731 · Kitchener Great Unique design with hallway & many more information! Chris Kolednik** Located John ar o reau* directly behind grand river hospital. Unit is parking.. with MLS: 30573316 . Hoffman Steve Gerakopulos* ve boardroom lights throughout. Features an execu 390 SFSF· ·$850/ Mth · MLS: 30605730 · Kitchener 1,184 $12.00/SF · MLS:30538511 Kitchener 3,000 SF ·$799,000· MLS: 30611121· Cambridge perfect 839 SF · $12.00/SF · MLS:KW1537515· Kitchener medical practitioner looking forPerfect short w/adjoining kitchene e for catering, many smaller Turn-key doctors office. 5 exam rooms, recep on, Finished office great Located for directly behind Grand River Hospital. OFFICE SPACE service FOR use. LEASE for medical low 3,436 SF · $26.00/SF ·es,MLS: 30554611 occupancy. Call &forstorage. moreCentrally info! PROFESSIONAL 5,000SFSF• $15.00/SF · $4.00/SF Net· &MLS: 30617315 change room· &Waterloo shower term boardrooms/kitchene e, 2practitioner washrooms kitchene for medical looking for short term 1,800 common fees, on • MLS# transit30564411 route, •Waterloo exis ng Located Just South of Hwy #401 Lester Tobin* Chris Kolednik** Former bar/night club in University District. On-site facili es. Colin Vogel*/Peter Benninger**/ located in high density residen al area. Traffic counts Kitchener· Lower Level Warehouse Space. Good Exposure ErbStop, St. Unit site occupancy. Chris Kolednik** tenants include on Short KW features Gaming, on Curves, drive-up parking. High exposure, traffic. over Chrishigh Kolednik** 41,000 cars. Strong tenant support, Shoppers Sco Centrally located, conveyor on-site. Wash4& private and large open work or abank more. offices Gary Boudreau* 950 SF · $14.00/SF · MLS:Lester 30605818 1,071 SF · $18.50/SF · MLS:30558620 · Waterloo parking, Tobin* Drug abank, Swiss Chalet and Mart, Dollarama, Sco space. RomanifGinzburg* 5,652 oor SF·$14.50/SF · Kitchener rooms, lunchroom, offices available needed. opportunity·inMLS:30562379 well known, award winning classroom Waterloo Professional 2nd oor office. Main · MLS: 30551894 · Waterloo 1,957 SF · ·$22.00/SF many more. Lester Tobin* Class A traffic fficeintersection. Space. Seconds New away Building. High from Secured with alarm and surveillance system. Centrally K-W seconds from building. 752 SFOpportunity -located 26,000toSF · and From · level! MLS: Great to get in Guelph, at $18.00/SF the ground 1,413 SF · $12.00/SF · MLS: 30516996 · Kitchener H O UTobin* SE Colin Vogel* I N D U S T R I A L / WA R E Lester High 85. Visibility, Free on-site parking. John Hoffman*/ 30529258/30529248/30529120 · Breslau Colin ·Vogel* Hwy 85. Many permitted uses allowed - unit divisible. CallNew for Hwy 1,900 SF • $19.25/SF • MLS# 30543088 Great location for Medical use. Gary Boudreau* Boudreau* Retail Development in a growing, underserviced area. Waterloo • Prime retail/Salon spaceGary more information! Chris Kolednik** in a very busy F$12.00/SF O·R $6.50/SF L ·E AMLS:KW1537515· S E·/ SMLS: A L E 30501592 SF · $12.00/SF · MLS:30538511 · Kitchener 1,102 SF · $22/SF MLS: · Waterloo SF · SF Kitchener Pad30603112 site with drive-thru is 1,184 Variety of Uses permi · ed. 9,360 neighbourhood plaza. Zoning allows many uses, the 839 Turn-key doctors office. 5$20.00/SF exam rooms, recep on, Finished office great for medical & service use. low 1,843 5,947 SF · · Kitchener available. James Boudreau**/ Gary Boudreau* unit is set up for a salon. Roman Ginzburg* Kitchener · 7,699 sf 16 dock shipping area. 1,661 sf 3,436 SF · $26.00/SF · MLS: 30554611 · Waterloo kitchene e, 2 washrooms & plaza storage. Centrally MLS:30505595/5597·New retail on Huron Rd. common ng fees, on new transit route, exis Sobey’s,bar/night Walmart, club Shoppers, Beer Store Tim Horton’s office w/drivers space! Former in University District. On-site located in high density residen al area. Traffic counts 16,217 SF · area, $875,000 ·doors, MLS:bright 30552428 with high traffic and exposure, ample on-site drive-up· tenants include Short Stop, KW Gaming, Curves, OFFICE SPACE AVAILABLE · MLS 30551734 1,843 - parking. 5,947 $20.00/SF and many more.SFHigh On· site drive ·high up Kitchener parking. drive-up exposure, traffic. AAA John Hoffman* New Hamburg · Well located just off hwy 7, over 41,000 cars. Strong tenant Shoppers· Sco abank & more. Gary Boudreau* · 114,033 SF ·support, $11.50/SF Lester Tobin* parking. MLS:30505595/5597· New retail plazaLester on Huron Rd. WATERLOO Lester Tobin* Tobin* Drug Mart, Dollarama, Sco abank, Swiss Chalet and well built building on 2 acres of land. with high traffic and exposure, ample on-site Beauti lly finis ed, ample parking, natural light Ceilings 30,000 SF on 6.82 Acres ·John$1,499,000 from 13’ - 18’ clear. Hoffman* many Tobin* 752 more. SF - 26,000 SF ·from FromLester $18.00/SF Divisible 21,000 SF. MLS: 30617139 · 607 L e Pike Bay Rd. Lions Head, drive-up Lester· Tobin* 5,800SFSF-parking. ·26,000 $725,000 · MLS:$18.00/SF 30599428 ·MLS: Ayr throughout. 752 SF · From I N D U S T R I A L / WA R E H O U Power SE James Boudreau** MLS: 30529258 · Breslau New Retail Development 30529258/30529248/30529120 · Breslau New 1,900 SF • $19.25/SF • MLS# 30543088 LIGHT Located at the gateway to Urban Ayr. Ideal for· office, ON. ∙ Previous use wasWITH manufacturing. INDUSTRIAL RETAIL High EXPOSURE in a growing, under-serviced area. of busy Uses MLS: 30523827 · Kitchener 1,114 SFplace · $20.00/SF Retail in ·a .growing, underserviced area. 532 Colin Vogel* vet., orDevelopment of worship Waterloo Prime retail/Salon space Variety in a· very Available. Ceilings. Google Address for 15,520 SFF High ·O$5.50/SF · London · MLS: 30544783 SF · •$1,050/mth · MLS:30526564 Waterloo R LEASE/SALE Last unit available in centrally -thrumany is uses, available. ed. Padexposure site with drive-thru is Newly Variety of Uses permiw/high neighbourhood plaza. Zoning allows the Corner property with high traffic. Zoning permits renovated, nished office on 2nd oor in well Marketing Video . Eric Frey* located plaza.James Drive up unit on high rd. in unit is set upJames available. Garytraffic Boudreau**/ Gary Boudreau* 830 SF·retail $1,250/mth · Boudreau**/ MLS:30595092 · Boudreau* Waterloo forwinning a salon. Roman Ginzburg* known, award building avail. for sublease. many uses. Ample on-site parking. Lester Tobin* high density residen al area. Traffic counts over Great office space w/own entrance located in Large windows, plenty of natural light. High traffic 16,217 11,000 SFSF+ 1,850 SF Bungalow House ·30552428 $899,000 · $875,000 · MLS: 40,184 cars. StrongSFtenant support. Shoppers Drug AAA OFFICE SPACE AVAILABLE · MLS 30551734 890 SF · $1,750/Mth. · MLS: 30505708 1,843 5,947 · $20.00/SF · Kitchener Uptown anchored by StateFarm Insurance. Best intersec on sees almost 40,000 cars daily. 24/7· New 7,909 SFRd.· Lions $5.25/SF MLS: · Many Ayr Hamburg · Head, Well ·ON. located just off ·hwy 7, 117 East MLS: 30555069 30574746 abank, Swiss Chalet and many Mart, Dollarama, Sco New WATERLOO · 114,033 SF · $11.50/SF · MLS:30505595/5597· retail plaza on Huron Rd. Kitchener ·reader Great board Basement space behind electronic on University Ave.grand Idealriver for well Seconds to hwy #401. Good clean industrial space. intended built building on 2 Grow acres land. uses permitted. Possible Medical Op.ofYoutube: more. Lester Tobin* Beauti lly finis ed, ample parking, natural light with high traffic and exposure, ample on-site professional hospital More units available. Chris Kolednik** office or personal services. Colin Vogel* Ceilings Boudreau**/Gary from Address 13’James - 18’ clear. JohnBoudreau* Hoffman* Formerly used as a physio space. Chris Kolednik** throughout. for Marketing Video. Divisible from 21,000 SF. Property drive-up parking. Lester Tobin* Eric Frey* * Sales Representa ve James Boudreau**· www.coldwellbankercommercial.ca * Sales Representative 5,000 SF · $15.00 /SF · MLS:30611552 25,325 SF · $16/SF · MLS:30584853 · Waterloo LIGHT INDUSTRIAL WITH RETAIL EXPOSURE 1,114 SF · $20.00/SF · MLS: 30523827 · Kitchener Kitchener Retail Space. 2 units 2,500 SF each. D 1 4,000 SF divisible · $6.50/SF · MLS 30590407 Email : Commercial@coldwellbankerpbr.com ** Broker Low CAM’s! Rare Freestanding Building with High 532 SF · $1,050/mth · MLS:30526564 · Waterloo 15,520 SF · $5.50/SF · London · ** MLS: 30544783 Broker Last unit available w/high exposure in centrally Cambridge · (3 units) to asZoning small as 1,200 property with Divisible high traffic. permits Zoningrenovated, permits many office/retail uses. oor Downtown Exposure! Facing Nort field /Expressway, by LRT. Newly nished office on 2nd in well Corner located retail plaza. Drive up unit on high traffic rd. in uses. Ample on-siteBays/Light parking. Manufacturing. Lester Tobin* SF. Warehousing/Service known, winning for sublease. location award with high streetbuilding exposureavail. in hi-tech corridor. many high density residen al area. Traffic counts over Large windows, plenty of natural light. High traffic Steve Gerakopulos* Steve Gerakopulos* John Hoffman* 40,184 cars. Strong tenant support. Shoppers Drug Close to LRT. intersec on sees almost 40,000 cars daily. 24/7 7,909 SF · $5.25/SF · MLS: 30555069 · Ayr abank, Swiss Chalet and many Mart, Dollarama, Sco www.coldwellbankercommercial.caelectronic reader board on University Ave. Ideal for Seconds to hwy* #401. Good clean industrial space. Sales Representative more. Lester Tobin* professional office or personal services. Colin Vogel* James Boudreau**/Gary Boudreau*

I N D U S T R I A L / WA R E H O U S E FOR LEASE/SALE

Email : Commercial@coldwellbankerpbr.com ** Broker

* Sales Representa ve www.coldwellbankercommercial.ca Email : Commercial@coldwellbankerpbr.com ** Broker 8331512_0318

Please say you saw it in The Commercial Investor

** Broker

* Sales Representative ** Broker

Volume 17 Issue 01

9 Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

COLDWELL BANKER COMMERCIAL PETER BENNINGER BROKERAGE COLDWELL BANKERREALTY, COMMERCIAL 508 RIVERBEND DRIVE, KITCHENER, ON. PETER BENNINGER REALTY, BROKERAGE PHONE: 519-743-5211

508 RIVERBEND DRIVE, KITCHENER, ON. PHONE: 519-743-5211 10-20,000 SF · $4.41/SF · Kitchener · MLS: 30512810

4,393 SF · $359,000 · MLS:30546489 · Kitchener LAND FOR SALE Ceiling height 13’ clear . (2) 8’ x 8’ loading dock doors Established franchise available in high traffic COLDWELL BANKER COMMERCIAL conveyor, elevator, alarm system, surveillance 0.51 Acres · $2,450,000 · MLS: 30609491 location with ·great tenant support. 160 30576706 seats. Full 4,437 SF $399,000 · MLS: system, sprinklers, washrooms. Lester Tobin* 7.4 available. Lester Tobin* Waterloo · Established since 1996, many Kitchener R9 Zoned Land. Unit training PETER BENNINGER REALTY, BROKERAGE Acres· Downtown · EXCLUSIVE · 80-100 Waterloo throughout Ontario. Family style Residential Units currently Large scale Development. redevelopment11 opportunity with locations 508 RIVERBEND DRIVE, KITCHENER, ON. · MLS:30539427· SF with · $199,000 9,360 SF · $6.50/SF · MLS: 30501592 · Kitchener restaurant liquor license and seating Waterloo for 160 + current income over $800 k. Close both 3,500 collectingannual $95,000+NOI. ErictoFrey* MIXEDsf USE BUILDING FOR SALE1,661 · $3,488,000 location in Waterloo’s University District. 7,699 16 dock shipping area. sf office Universities. Bill Halpenny* Prime Lester Tobin* 50 on patio. PHONE: 519-743-5211 MLS: 30631066 DOWNTOWN KITCHENER w/drivers area, ·new doors, bright space! 1.27 Acres · $880,000 · MLS: 30607400 Liquor license for 15 people. High Income/High Sales low rent. Lester Tobin* 21,000 SF· Unique opportunityJohn to Hoffman* purchase 66.58 Ac.· $2,200,000· EXCLUSIVE · Cambridge and 4,393 SF · $199,000 · MLS:30572716

INVESTMENT FOR SALE

10-20,000 SF · $4.41/SF · MLS: 30512810 freestanding, historic· Kitchener office/ retail building. 30,400 SF high · 3.09 Ac.. ·(2)$3,400,000 $10.00/SF Ceiling height 13’ clear 8’ x 8’ loading dock doors Strategic traffic location in |Kitchener’s MLS: 30525493/30525439 · Cambridge ·surveillance New finish conveyor, elevator, alarm system,Gerakopulos* high-tech corridor. Steve to food sprinklers, grade, insulated panels, someLester equipment, system, washrooms. Tobin* spiral freezer,4 docks Room to expand. DOWNTOWN KITCHENER BUSINESS AND John Hoffman* 9,360 SF · $6.50/SF · MLS: 30501592 Kitchener BUILDING FOR SALE · $1,250,000 ·· EXCLUSIVE 7,699 sf 16 dock shipping area. 1,661 sf office 4,570 SF · 3 Storey Comm./Res. Building · Well w/drivers area, new doors, bright space! established on R theSMain John Hoffman* I N V E convenience S T M E Nstore T FO A L EFloor

w/Residential Units above. Located in the Heart of Downtown adjacent to the 30,400 SF ·Kitchener, 3.09 Ac.immediately · $3,400,000 | $10.00/SF City Centre Redevelopment· Cambridge project and· New just ﬁnish steps MLS: 30525493/30525439 STUDENT RENTAL/ RE-DEVELOPMENT City Hall,panels, minutes to equipment, the transit from Kitchener’s to food grade, insulated some $685,000 · Waterloo · MLS: 30564031 · 0.15 Acres hub, trendy downtown shopping, restaurants & spiral freezer,4 Room rental to location. expand. 4 bedroom building docks · Prime student Peter Benninger **4 cafés John Hoﬀman* Ideal . student re-development site. Currently bedroom

STUDENT

(student)

RENTAL/

rental

property.

RE-DEVELOPMENT Lester Tobin*

$685,000 MLS: 0.15 I N V ·EWaterloo S T M E· N T 30564031 F O R S· A L EAc. 4 bedroom building ·· Prime location. MLS: 30552610 $ 4 , 2student 5 0 , 0 0 0rental · Listowel Ideal student re-development site. Currently 4 bedLocated in South Western Ontario, this European owned(student) motel for theproperty last 30+ years oﬀers four . RE-DEVELOPMENT Lester Tobin* room rental STUDENT RENTAL/ seasons of· Waterloo business ·with year $685,000 MLS:consistent 30564031 income · 0.15 Acres

Kitchener · Commercial Land For Sale. M2 Zoning

Under consideration to change OP designation to 4,393 SF ·· Established $359,000 · MLS:30546489 · Kitchener Kitchener franchise available in high allows many forL Emore info. CAR L A Nuses. D FContact O R S Peter A EXCLUSIVE WASH BUSINESS available FOR SALEin · high industrial. Benninger** Established traffic location franchise with great tenant support. 160 traffic seats. John Hoffman* location Brantfordwith · Fullgreat service, fully automated car wash in tenant support.Lester 160 seats. Full Tobin* Full training available. traffic area. Lester Tobin* DEVELOPMENT LAND FOR S A L E major training available. Lester Tobin* 7.4 Acres · · EXCLUSIVE Waterloo · · EXCLUSIVE 366.58 . 5 8 A cAcres . · $875,000$2,250,000 · MLS : 30506497/30506504 1,280 SF · $89,000 · EXCLUSIVE · Kitchener Large scale redevelopment opportunity with Cambridge · · Backs Under consideration change OP 1,549 · MLS:30514064 · Waterloo SF Conestogo onto forested to area. Excellent $199,000 · MLS:30539427· Waterloo SF · · $139,000 Well established business since the 1970’s. High current annual income .over $800 k. Benninger** Close to both 3,500 designation to industrial Take outlocation and delivery chicken wing franchise District. located redevelopment opportunity. Peter James Boudreau** Prime in No Waterloo’s University Universities. Bill Halpenny* income-high sales. franchise. Owner will train. in Waterloo’s University District. Full training Liquor license for 15 people. High Income/High Sales Lester Tobin* 6.60 (+/-) Commercial/Retail Commercial/Retail ·· Exclusive 2.94 Ac. provided. 6.60 Ac. (+/-) Lester Lester Tobin* Tobin* 66.58 Ac.· $2,200,000· EXCLUSIVE · Cambridge and low rent. (+/-)Residential· $1,000,000 · Exclusive Tremendous Opportunity on Per majorAcre arterial road in Under consideration to change OP designation to Tremendous Opportunity on major arterial road. $89,000 · MLS: 30554091 · Kitchener 1,280 SF · an established urban environment. Considerable industrial. Peter Benninger** CAR WASH BUSINESS FOR SALE · EXCLUSIVE Considerable exposure along Ottawa St. Concepts Brantford Well established business the 1970’s. High · Full service, fullysince automated car wash in for res portion incl. 140 stacked town willTobin* train. income-high sales. No franchise. Owner traffic area. Lester the D E V Highway E L O P M E7/8. NT L A N DPeterF OBenninger** RhomesS AorL Ea major 134 homes or a 134 unit 3 . 5 8 unit A c . · retirement $875,000 · MLS : 30506497/30506504 TRI-PLEX WITH SOLAR INCOMELester FORTobin* SALE retirement facility. Peter Benninger** · MLS:30514064 SF · $139,000 Conestogo · Backs onto forested area. Excellent 1,549 $699,900 · MLS: 30602980 ·· Waterloo Kitchener Hot Pot Restaurant For Sale Waterloo Take out and delivery chicken wing franchise located redevelopment Boudreau** Triplex with additional $6,000/year Solar HIGH DENSITY opportunity. MIXED USE James DEVELOPMENT $88,000 · 4,550 SF · MLS: 30558858 ·training Stylish in Waterloo’s District. income. Largerestaurant 3University x 2 Bedroom Units.Full Large 2 car 3.25 Ac · $4,250,000 · EXCLUSIVE · Kitchener underground in Uptown. No franchise. 6.60 Ac. (+/-) Commercial/Retail · 2.94 Ac. provided. Lester Tobin* Frontage on 2 major streets at the gateway to Located garage at rear plus tool shed. Eric Frey* in hotel. Great tenant support. BUSINESS & PROPERTY FORPerSALE · WATERLOO (+/-)Residential· $1,000,000 Acre · Exclusive downtown Kitchener. Excellent access to Hwy 401 Tobin* Tremendous Opportunity on ·major arterial road. 1,280 SF · $89,000 · MLS: 30554091Lester · Kitchener 1 , 2Hwy 8 6 8SFDirectly · $949,999 MLS: via on proposed light 30615282 rail transit THREE TOWNHOUSE UNITS FOR SALE Considerable exposure along Ottawa St. Concepts Well established business since the 1970’s. High Property and Convenience Store Business including route. Peter Benninger**/Colin Vogel* $729,000 · Kitchener · MLS 30610576 for res portionLocated incl. 140 homes or a income-high sales. No franchise . Owner will train.· all equipment. on stacked the hearttown of the University Units. All Units Separately 134 unit retirement or a· 134 unit 3 - 3 Bedroom For Commercial Real Estate Lester Tobin* Approx. 217 · homes EXCLUSIVE LesterWaterloo Tobin* District. Use canAcres be changed. retirement facility.Being Farmed. Peter Benninger** Except in Water. 2 Units w/Garage, 1 w/ Canada's Technology Call for info pkg! MeteredSolutions Region · Currently Pot Restaurant Sale Waterloo Frey* Driveway. Triangle, contact anyFor one of our Eric sales PeterPROPERTY Benninger**/Colin PHARMACY FOR Vogel* SALE Hot HIGH DENSITYWITH MIXED USE DEVELOPMENT $88,000 · 4,550 SF or · MLS: 30558858 · Stylish representatives, call 519-743-5211. WATERLOO 1 , 9 5 0 SF ·· $949,999 · MLS: 3.25 Ac · ·$4,250,000 EXCLUSIVE · 30615167 Kitchener underground restaurant in Uptown. No MULTI FAMILY INVESTMENT FORfranchise. SALE New commercial unit andstreets pharmacy business located Frontage at the gateway to Located in hotel. Great tenant support. UonKitchener. Sof2Ithe Nmajor EUniversity S Excellent S F ODistrict. R SA L Eincludes · 2-2 Bedroom in the B heart Price downtown access to Hwy 401 $625,000 · Kitchener · MLS: 30608350 Lester Ext. 3000Tobin* Peter Benninger** 8 owned spaces. 1 GP operating a walk in Units. Across from Rockway Golf Course. Fully subvia Hwy 8parking Directly on proposed light rail transit metered units. Stainless appliances, in-suite route. Benninger**/Colin Vogel* Ext. 3029laundry. Gary Boudreau * . Lester Tobin* clinic on the premisesPeter 2,200 SF · $89,000 · MLS:30551440· Waterloo Eric Frey* For Commercial Real Estate Ext. 3020 James Boudreau ** Approx. 217 Acres · EXCLUSIVE · core Waterloo Established since 1985,FOR located in uptown steps TURN KEY SPA SALE CAMBRIDGE Solutions in Canada's Technology Currently Being Farmed. forBeautifully infoLiquor pkg! Region · SF away and new30611121 LRTCall station. 3 , 0 0 0from · parking $799,000 · MLS: Ext. 3106 Mike Flynn * Triangle, contact any Real one of our sales For Commercial Estate Peter Benninger**/Colin Lester Vogel* Tobin* license.

M U LT I - FA M I LY F O R S A L E

BUSINESS FOR SALE

round. Call for student more details! 975 SF · $385,000 MLS: 30631080· 4 bedroom building ··Prime rentalWaterloo location. Chris Kolednik** Fantastic Opportunity for thesite. savvy business4 Ideal student re-development Currently investor. OFF Investment Opportunity. Great bedroom HANDS(student) rental property. COMMERCIAL INVESTMENT/RE-DEVELOPMENT Lester Tobin* Kolednik** space .1452 to runAc. your business4,685 from.SFChris Land: Buildings: · Kitchener · MLS: 30555816 · $1,999,900$· Bundle of properties being MLS: 4E ,V2E5L0O , 0P30M 0 E N· T Listowel R E T A I30552610 L O R R· E D SITE sold as one in the Downtown Core. Current Net Located in South Western Ontario, this European 30616343 · $899,000 1,586 AcresCall · MLS: Lester Tobin* Income:SF/0.12 $72,391.00 for details! owned motel the lastHigh 30+ Profile years offers four Kitchener · forUnique Location. seasons of business with consistent income Great year Corner Lot beside farmers market. R ETAIL O R R Efor D E V E L Omore P M E N T details! SITE round. Call Tobin* redevelopment lot, etc. Lester 1,586 SF/0.12 site, Acresparking · MLS:30547706 $899,000 Chris ·Kolednik** Kitchener · Unique High Profile Location. Corner Lot finished from basement to attic fully equipped spa. INVESTMENT/OWNER-USER PROPERTY beside farmers INVESTMENT/RE-DEVELOPMENT market. Great redevelopment site, COMMERCIAL High traffic location. On-site Parking. Lester Tobin* 4,982 SF lot, · Ac. $1,562,500 ·4,685 Waterloo ·Lester EXCLUSIVE . Tobin* parking etc Land: .1452 Buildings: SF · Kitchener · MLS: 4,437 SF · $450,000 · MLS: 30516625 · Waterloo Three retail units & one 2 bedroom apartment 30555816 · $1,999,900 · Bundle of 3 properties being Established B U Ssince I N1996, E S Smany F Olocations R S A throughout LE BRITISH PUB FOR SALE WATERLOO w/loft. Corner on Core. new PROPERTY LRT line. sold as one in the Downtown Current Net Ontario. Family INVESTMENT / property OWNER-USER style restaurant with liquor license 1 ,800 SF for · 160 $285,000 MLS: 30605541 Parking on-site and nearby. Lester Tobin* and Income:SF$72,391.00 Call for details!parking 4,982 · $1,562,500 ·ample Waterloo · EXCLUSIVE seating + 50 on ·patio . Lester Tobin* British Isle Public House (Pub) with old world charm, Lester Tobin* 2,200 Three retail units & one 2 bedroom apartment SF · $89,000 · MLS:30551440· Waterloo and Located near w/loft. line. Sambiance E A F O O D since R1985, E S T Acuisine. U R A N Tin uptown F O R coreSsteps A LE R E T A I LCorner O Rproperty R E D on E V Enew L O PLRT MEN T Parking S I T E Established located 2,419 SFand · $550,000 · MLS: 30539874 · Kitchener . new Tobin* Uptown Universities 1,586 · MLS:30547706 and Acresample parking · $899,000 nearby. away on-site SF/0.12 from parking and LRT Lester station. Liquor business. Sellers retiring after 20 Lester Tobin* Kitchener · Unique High Profile Location. Corner Lot Profitable Lester Tobin* license. years! All equipment included. is beside farmers market. Great redevelopment site, successful TRANSPORTATION BUSINESS FOR Lease SALE Gary Boudreau*/ James Boudreau** Tobin* renewable. parking lot, etc. · MLS: 30560590 Lester 975 SF · $385,000 · Waterloo $1,200,000 MLS 30573316 · Long Standing · MLS:·Guelph 30516625 · Waterloo 4,437 SF · ·$450,000 HIGH MIXEDfor USE FantasticDENSITY Opportunity the DEVELOPMENT savvy business Established (29 yearssince in1996,business) Carrier and many locations throughout 3.25 Ac HANDS · $4,250,000 · EXCLUSIVE · PROPERTY Kitchener $249,000 · MLS:30545077· Kitchener SFFamily · Minutes investor. Opportunity. Great 2,548 INVESTMENT /OFF Investment OWNER-USER Ontario. style from restaurant with liquor license equipment. the 401. Being Sold with Elegant casual restaurant located in Sportsworld Frontage on 2 major streets at the gateway to space SF to· $1,562,500 run your business from. and 4,982 · Waterloo · EXCLUSIVE seating for 160 + 50 on Steve patio. Gerakopulos* Lester Tobin* MLS 30577766. downtown access Hwy 401 Crossing. High traffic, high exposure. Lester Tobin* Chris to Kolednik** Three retailKitchener. units & Excellent one 2 bedroom apartment via Hwy 8 Directly proposed light rail SBANQUET w/loft. Corner property on new LRT line. Parking E A F O O D HALL/ R E S T ARESTAURANT URANT F OFOR R SSALE ALE · $550,000 · MLS: 30539874 Kitchener and parking nearby. 2,419 on-site transit . Representa Peterample Benninger**/Colin Vogel* *route Sales ve www.coldwellbankercommercial.ca 8,000 SF SF,4.3 Ac · $2,100,000 · MLS:· 30584493 Sellers retiring after and 20 Lester Tobin* Profitable to building St Jacobs · business. Extensive renovations Email : Commercial@coldwellbankerpbr.com ** Broker years! All equipment included. Lease is Approx. 217 Acres · EXCLUSIVE · Waterloo successful grounds. Includes furniture/cooking equipment. Site renewable. Gary Boudreau*/ James Boudreau** 975 SF ·· Currently $385,000Being · MLS: 30560590 Region Farmed. Call ·forWaterloo info pkg! includes a freestanding home (included). Fantastic Opportunity for the savvy business Steve Gerakopulos* Peter Benninger**/Colin Vogel* 2,548 SF · $249,000 · MLS:30545077· Kitchener investor. HANDS OFF Investment Opportunity. Great space to run your business from. Elegant casual restaurant located in Sportsworld www.coldwellbankercommercial.ca Chris Kolednik** Crossing. High traffic, high exposure. Lester Tobin*

LAND FOR SALE

Email : Commercial@coldwellbankerpbr.com ** Broker

* Sales Representa ve www.coldwellbankercommercial.ca Email : Commercial@coldwellbankerpbr.com ** Broker 8171433_0318

Please say you saw it in The Commercial Investor

representatives, or call 519-743-5211. Ext. 3118 Eric Frey* in Canada's Solutions Technology

Triangle, contact any one our Ext.of3037 Steve Gerakopulos* sales representatives, Ext. 3000 Peter Benninger** Ext. 3103 Roman Ginzburg* or call*519-743-5211 Ext. 3029 Gary Boudreau Ext. 3120 Bill Halpenny* Ext. 3020 3000 Peter Benninger** Ext. James Boudreau ** Ext. John Hoffman* Ext. 3040 3029 Gary Boudreau * Ext. 3106 Mike Flynn * Ext. 3106 Chris 3020 JamesKolednik** Boudreau ** Ext. 3118 Eric Frey* Ext. 2099 3118 EricReiner* Frey* Ext. Eric Ext. 3037 3037 SteveGerakopulos* Gerakopulos* Ext. Steve Ext. Lester Ext. 3023 3103 RomanTobin* Ginzburg* Ext. 3103 Roman Ginzburg* Harmony Voisin* Ext. 3117 Bill Halpenny* 3120 Ext. Bill Halpenny* John Hoffman* Ext. 3120 3040 ChrisHoffman* Kolednik** John

Ext. 3040 3106 Ext.

* Sales Representative Ext. 2099 Ext. ** 3106 Broker Ext. 3023

Eric Reiner* Lester Tobin* Eric Reiner* Harmony Voisin*

Ext. Ext. 2099 3117

Lester Tobin*

Ext. 3023

Chris Kolednik**

Harmony Voisin* * Sales

Ext. 3117 Representative ** Broker

* Sales Representative ** Broker

Volume 18 Issue 01

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

519.742.7000 www.coupalmarkou.com

SALE

12-250 DUNDAS STREET SOUTH, CAMBRIDGE

SALE

297 KING STREET EAST, KITCHENER

48 KING STREET EAST, COLBORNE

SALE

D L O S • Pita Pit Business Opportunity • Great location in Galt at busy round-about • 1,800 sq ft • $235,000 MLS

0318_DJW_0025

SALE

• Great opportunity for purpose built retail, office or mixed use building • Located on block from future light rail transit stop • 0.049 acres • $299,000

88-90 WEBER STREET WEST, KITCHENER

SALE

D L O S

SALE

MLS

465 PHILLIP STREET, WATERLOO

29 KING STREET EAST, KITCHENER

SALE

• Refrigerated Food Processing Plant • Located in Bridgeport Business Park, close proximity to new Hwy 7 extension • 7,433 sq ft • $1,195,000

• Investment Opportunity • Mixed Use building with over 90 ft frontage on King St E • 28,522 sq ft on 0.32 acres • $3,860,000 MLS

4717_DJW_0007

SALE

KITCHENER, ON

• Busy plaza with 3 street corner exposure for high visibility and easy access • Lucrative investment with 23 diverse and stable tenants including Tim Hortons • 32,119 sq ft on 2.64 Acres • $9,275,000

MLS

• Mixed Use Investment Opportunity • Superb corner location with high vehicle exposure • 0.219 Acres

0318_DJW_0027

EXCLUSIVE

MLS

2317_DJW_0031

SALE

D L O S

2717_DJW_0019

25 HOLLINGER CRESCENT, KITCHENER

MLS

0318_DJW_0026

D L O S

• Unique mixed commercial residential opportunity for owner user • Located in Kitchener’s downtown core • 3,411 sq ft on 0.286 acres • $975,000 4317_DJW_0016

MLS

4717_DJW_0008

• 30+ years, successful, high profit pizza restaurant business • Exception business with excellent revenue • 2,100 sq ft • $600,000

KITCHENER, ON

D L O S • Core development site • High profile location with abundant vehicle and foot traffic • 0.081 Acres EXCLUSIVE

0318_DJW_0028

Christopher Coupal

John Markou

Theo Papadopoulos

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

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

Sales Representative theo@coupalmarkou.com 519-742-7000 x 103

CONNECT

11289418_0318

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

Commercial Real Estate & Business Opportunities

519.742.7000 www.coupalmarkou.com

SALE

C-645 LAURELWOOD DRIVE, WATERLOO

LEASE

120-122 KING STREET NORTH, WATERLOO

SE A E L • Eat-in/take-out Restaurant with 20 seats • Excellent location for owner/operator • 1,066 sq ft • NEW PRICE $25,000 MLS

3917_DJW_0017

LEASE

25 INDUSTRIAL DRIVE, ELMIRA

• Busy office/retail plaza in Elmira, just minutes from North Waterloo • Zoning allows multiple uses • 1,925 sq. ft. • $16.00/sq. ft. net MLS

1917_DJW_1_0049

LEASE

2-15 HAZELGLEN DRIVE, KITCHENER

4317_DJW_0017

MLS

• New Commercial Development • Ideal for financial services, restaurant or retail users • 4,000 - 17,970 sq. ft. • $14.00 - $25.00/ sq. ft.

EXCLUSIVE

1917_DJW_2_0051

231 SHEARSON CRESCENT, CAMBRIDGE

• New multi-story Class A office building • Contemporary & modern design • Ample on-site free parking • 15,000 – 50,000 sq ft • $19.00 / sq ft Net

5-347 ERB STREET WEST, WATERLOO

370 EASTBRIDGE BLVD. WATERLOO

LEASE

MLS

1917_DJW_1_0065

LEASE

• Retail space in high profile plaza • Ample on-site parking • 1,200 sq ft • $24.00 / sq ft Net

0318_DJW_0023

MLS

1917_DJW_3_0050

• Clean plaza in the East End of Waterloo • Busy location with great exposure on Bridge Street West & Eastbridge Boulevard • 795 sq ft • $20.50/sq ft Net

EXCLUSIVE

0318_DJW_0022

LEASE

• Well located professional/medical office space in multi-unit plaza • Attractive exterior and well maintained building • 1,078 sq ft • $22.00 / sq ft Net

• Prime Uptown Waterloo office space located across from "The Shops of Waterloo Town Square" • LRT runs directly in front of your door • 3,690 sq. ft. • $12.00/sq ft Net

LEASE

94 WELLINGTON ROAD 6, ELORA

LEASE

91 UNIVERSITY AVENUE EAST, WATERLOO

• Existing Turn-key Restaurant • Pad site close to both Universities and Across from newly renovated Conestoga College Campus • 3,360 sq ft • $30.00 / sq ft Net MLS

MLS

0318_DJW_0024

Christopher Coupal

John Markou

Theo Papadopoulos

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

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

Sales Representative theo@coupalmarkou.com 519-742-7000 x 103

CONNECT

11287245_0318

Please say you saw it in The Commercial Investor

Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 01

SOUTHWESTERN ONTARIO

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SOUTHWESTERN ONTARIO SECTION COVERING: Brantford Chatham Grey & Bruce Counties

Ingersoll London Owen Sound Sarnia Simcoe Stratford

St. Thomas Tillsonburg Windsor Woodstock

For advertising

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

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

Volume 18 Issue 01

Commercial Real Estate & Business Opportunities

A 32,000 square foot concrete and steel structure constructed in the 1970s.

Southwest Ontario

$1,600,000.00

Premier Realty & Auctions Inc. Brokerage 519-291-2299

decommissioned the Ammonia refrigeration system, and now has decentralized freon-based cooling in four of the rooms, including a 600 foot walk-in freezer room. A back-up diesel generator that can supply the entire building. An excellent source of water supply from two wells, and a 10 acre sewage works, with a waste water retention pond and a spray irrigation system. Outstanding local work force with excellent work ethics. Excellent income from operating businesses in the plant. The plant is in close proximity to local markets in Stratford, Waterloo Region, Guelph, London and Toronto. An existing favourable phase one environmental assessment.

Doug Gilmore *519-292-9270

Nelly Hofer *519-505-4233

nellyndoug@gmail.com

10863226_0318

11250767_0318

As well the company owns one house opposite the plant, and approximately 40 acres of land, including a parcel adjacent to the plant zoned industrial/commercial, which would allow for expansion if needed. Approximately 30 acres is zoned agricultural. The power supply of 400 amps of 3 phase of 600 volts. An active hot water heating system is in place throughout the plant with two new propane boilers. Steam exists but is inactive at this time. Approximately 7,000 square feet of well insulated cold storage rooms, including a 4,000 square foot room with ceiling height of approximately 21 feet. The company recently

Century 21 Heritage House Ltd., Brokerage Independently Owned and Operated

DON PATCHETT

865 Dundas St., Woodstock

Sales Representative

don.patchett@century21.ca

jigar.patel@century21.ca

519-421-8911

Office: 519.539.5646

JIGAR PATEL

Sales Representative

OVER 9,000 S.F., MULTIPLE USES!

519-535-8048

DOWNTOWN WOODSTOCK

4717_DJW_0037

4717_DJW_0036

0318_DJW_2001

Event Centre, Retail Store, Micro Brewery, Restaurant, Bakery, so many possibilities! Former church with amazing character, huge spaces and prolevel kitchen equipment is ready for you to make it happen! Solar system provides monthly income. Lots of parking, two separate 2-bedroom living spaces with kitchens. Quonset hut and storage container have many possibilities for your hobby or business. Call or email Don or Jigar for more information. 153 Blandford St, Innerkip.

4717_DJW_0038

Retail location in the heart of one of Ontario's fastest-growing communities. Approx 2300 ft retail plus mezzanine for offices. Only $129,900. Call or email Don or Jigar for more information. 520 Dundas St, Woodstock.

Please say you saw it in The Commercial Investor

inthenews

New data shows federal tax proposals to have harmful effects on small businesses

n overwhelming majority (95 per cent) of tax professionals – who are small business owners – say the proposed federal tax changes will hurt middle-class business owners and their families, according to a survey released in 2017 by the Canadian Federation of Independent Business (CFIB).

Dan Kelly, president of CFIB, presented the new data to the Standing Committee on Finance (FINA) in Ottawa last fall.“The government is trying to convince the public that these proposed changes are meant to support the middle class – that they are only targeting high income business owners. The reality, however, is these are broad-brush proposals that are going to affect businesses at every income level across the country,” says Kelly.“Nine out of 10 business owners have told us that these tax changes are significant to their business.” One of the government’s proposals would have made it more difficult for small businesses, including familyrun enterprises, to share income with family members.

Please say you saw it in The Commercial Investor

According to the survey, this change would affect twothirds of small businesses, including more than 50 per cent who share income with their spouse. Another proposal would have limited a small business owner’s ability to keep certain investments in their business as a safeguard against future emergencies or economic downturns. Notably, 65 per cent of small businesses hold some form of passive investment in their companies, most commonly income from property or land. These two changes alone would have affected the majority of small businesses in Canada. “The implications of these changes for small businesses – and by extension to the national economy – are huge,” added Kelly.“These aren’t loopholes for the wealthy, as the government claims. These are legitimate ways for small business owners to grow their business, ensure the stability of the firm during uncertain times, or to save for the retirement. Without these measures, businesses will not be able to create as many jobs for Canadians.” OTHER FINDINGS INCLUDE:

• 88 per cent of business owner respondents indicate that the proposed changes will make it more difficult for their small business to grow and create jobs. • 95 per cent of tax practitioners say that the proposed tax changes will further complicate the tax system and increase the cost of tax compliance for their small business clients. • 94 per cent of small business owners and 95 per cent of tax practitioners do not support this set of tax changes. PRESSURE FROM CFIB SWAYED GOVERNMENT:

Pressure from CFIB and small businesses swayed the government to adjust some of the changes of the proposed tax reform. While some measures were taken off the table and one old promise was reinstated, others were only slightly adjusted and may still be a concern for those business owners that use them. PROPOSED CHANGES AS THEY STAND NOW:

Income-splitting: added red tape for family businesses: Currently, business owners can lower their taxes by sharing income (salaries, dividends) with their family members. The government announced new rules around income-sharing that came into effect January 1, for the 2018 tax year and going forward. These changes mean that businesses will face more red tape if they employ family members. Business owners will now need to meet a “reasonableness test” to prove to CRA that their family has made a meaningful contribution to the business through labour or property, or by assuming risks. Though the government says this test will be simple for business owners, it does not reflect the many

formal and informal ways family members contribute to a business. The government said that it will not create new rules around family members splitting the Lifetime Capital Gains Exemption (LCGE), something they had said they would do in the original proposals. This is good news if you’re looking to sell your business to retire. Passive income: new taxes on some savings in your business: As a small business owner, you are able to keep certain investments in your business in order to set money aside for business investments, emergencies or retirement. The government will apply higher tax rates to income over $50,000 from these passive investments, but the small business rate will continue to apply to annual passive income up to $50,000 (equivalent to $1 million in savings, based on a nominal five per cent rate of return). While the government says this change will only target the very wealthy, this threshold may be too low if your business is saving to grow and get to the next level. Further details on these changes are expected in the 2018 Budget. Capital gains: more work to be done : The government had planned to restrict small business owners’ ability to convert income into capital gains. This would have made it more difficult to retire and sell or transfer the business to children. The good news is they have announced, after months of nonstop pressure from CFIB and business owners, that they will not be moving forward with these changes. While this is a positive step, it still remains more expensive and complicated to sell a business to children than to a third party. We have come a long way from the original proposals, but the changes may still have a negative impact on small business. That’s why we’re still pushing the government to: • Delay implementation of new income-splitting rules until at least 2019, so people have time to prepare; • Exempt spouses from the income-splitting test, to recognize the crucial formal and informal roles they play in a business; • Do not move ahead with the $50,000 threshold on passive investment income. If the threshold goes ahead, it should be increased to $250,000. The online survey of CFIB members included two samples: 8,553 business owners and 410 tax practitioners. The survey was conducted between Sept. 6 and Sept. 14, 2017. Business owner results are statistically accurate within +/1.06 percentage points, 19 times out of 20; Tax practitioner results are statistically accurate within +/- 4.84 percentage points, 19 times out of 20. CFIB is Canada’s largest association of small and mediumsized businesses with 109,000 members across every sector and region.

Please say you saw it in The Commercial Investor

Volume 18 Issue 01

Commercial Real Estate & Business Opportunities 11241815_0318

Sutton - Huron Shores Realty Inc. Brokerage

ESTABLISHED MINI-STORAGE BUSINESS Turn-Key Operation

Independently Owned and Operated 606 Goderich St., Port Elgin, ON N0H 2C0

Doug Kaitlyn Freiburger Shular Sales Rep.

Sales Rep.

519-797-1007 1-888-727-1007

4717_DJW_0052

Brian Shular Broker of Record

$895,000

48 SECOND STREET, STRATHROY ON

5097 Hwy. 21, Port Elgin $564,500 Located on 3/4 Acre in a Prime Commercial Area Large Parking Lot, Currently a Small Engine Shop Includes Separate 1100 sq. ft. Rental Space Business & Inventory Negotiable MLS #411044000520500 4717_DJW_0088

www.suttonhuronshores.com Not intended to solicit properties currently listed for sale.

Established Turn Key Mini-Storage Business Incorporated within Middlesex Vacant Land Condo Plan #886 with the common elements being the driveway access; Units 1 and 4; are PIN #s 0948900001 & 094890004; Fenced area including 6 buildings Total with 96 unheated INDOOR Storage total of 16,700 square feet; 10 OUTSIDE Parking; 1 Site Office and 2 recently constructed Barrier Free Washrooms. For this Listing buildings included are E/10 units & 1x office; F/11 units; G/12 units; J/20 units & 2x washrooms; K/22 units 5 Buildings are Concrete Block Construction & Fii/Light Steel Construction; Not All of the buildings at this address are included. Additionally this Site Plan approval has been issued for further expansion . Grass and snow removal in place for driveway from the Condo Corp. The Owner/Vendor is a licensed Real Estate Agent 11306812_0318

GREG BROPHEY - Sales Representative

Sutton Group Preferred Realty Inc., Brokerage 519-438-2222

Direct:

519.521.8113 gbrophey@sutton.com

FOR SALE 46 Norfolk Street N., Simcoe, ON

Your NextHome is here! 11319742_0318

Southwest Ontario

PRIME HWY COMMERCIAL

•

5,046 Sq. Ft. building on 0.19 Acre lot

•

Zoned CBD – allowing multiple uses

•

Two storey, free standing former bank branch with basement

• •

e ao

access o s

nd oo

Asking $685,000

FOR MORE INFORMATION PLEASE CONTACT:

Tim Schnurr* tim.schnurr@cbre.com

Greg Harris, CCIM* greg.harris@cbre.com

Rick Spencer** rick.spencer@cbre.com

Whether you’re renting or buying, finding your next home has never been so easy.

519 673 6444 * Sales Representative ** Broker

www.cbre.ca

CBRE Limited, Real Estate Brokerage Please say you saw it in The Commercial Investor

Volume 18 Issue 01

Commercial Real Estate & Business Opportunities

•

1,962 Sq. Ft. building on ±0.091 Acre lot

•

Zoned C1 – allowing multiple uses

•

Former bank branch with mixture of offices and open space

•

Illuminated pylon sign with sign bands

•

Asking $225,000

FOR MORE INFORMATION PLEASE CONTACT:

Whether you’re renting or buying, finding your next home has never been so easy.

Tim Schnurr* tim.schnurr@cbre.com

Greg Harris, CCIM* greg.harris@cbre.com

Rick Spencer** rick.spencer@cbre.com

519 673 6444 * Sales Representative ** Broker

www.cbre.ca

CBRE Limited, Real Estate Brokerage

George Gicopoulos COMMERCIAL

ggicopoulos@gmail.com

519-852-4458

Cell

CANADA INC

I made the switch to Exp., Maybe you should too! Ask me

THE FUTURE OF REAL ESTATE IS HERE NOW

3517_DJW_0046

WOODSTOCK OFFICE BUILDING SALE $1,250,000 LEASE $12. NET

DON’T LET THIS PASS YOU BY GET IN BUSINESS FOR YOURSELF EXP REALTY IS THE ONE TRY EXP REALTY INTRODUCTION — 7 MINUTE INTRO VIDEO

Solid 2 floor building just over 20 years old right in the middle of town. With elevator, front and back stairwell and fully finished basement. Main floor and basement available now. Ideal for owner user. Approx. 9,000 sq ft on two floors plus about 3,000 sq ft in basement.

SOUTHWESTERN ONTARIO PROPERTY & BUSINESS $1.4M 3517_DJW_0045

11318636_0318

Sales Representative

1 ½ hours west of G.T.A. by the 401. Restaurant/ Pub/Take-out and Delievery. Approx. 1.3 acres with free standing building and plenty of parking. Sales unbelievable! Many recent updates, parking, washrooms pizza ovens and much more.

FAMILY RESTAURANT $325,000 4717_DJW_0005

0318_DJW_0033

CARE FREE INVESTMENT

LONDON BAR & GRILL | $329,000 5,500 Sqft., Million Dollar Sales. Good Lease

FAST FOOD SUB-SHOP | $195,000

Great location and business!! 6 Days – Short hours

BREAKFAST, LUNCH | $99,000

Free Standing Commercial building with Long Term Tenant. 7% Cap Rate. Located just north of London. Call George for details.

Great Opportunity business operating here successfully for over 20 years. Present owner about 19 years. Regular clientele from surrounding area as well as off busy highway #4 north of London. Business only. Corner location, very visible with easy access. Plenty of parking.

Please say you saw it in The Commercial Investor

7.00 am to 2.00 pm only

LONDON RICHMOND ROW | $99,000 2,300 Sqft., A-1 Condition Licensed for 79.

Southwest Ontario

Wake up to your NextHome!

11319743_0318

FOR SALE 596 Broadway Street, Wyoming, ON

HAMILTON

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

HAMILTON SECTION COVERING: Ancaster Caledonia Cayuga Dundas

Dunnville Grimsby Hamilton Haldimand Stoney Creek

For advertising

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

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

Hamilton

635 GREENHILL AVE

1 WEST AVE S

FOR LEASE - $12-14 PSF + TMI - 970-3,200 SF

FOR LEASE - $15 PSF + TMI - 2,892 SF

15 unit commercial plaza located in a dense residential neighbourhood near the Red Hill Valley.

Premier loft style office space available within the downtown International Village.

370 MAIN ST E

232 GOVERNORS RD

FOR LEASE - $9-11 PSF + TMI - 540-4,600 SF

FOR LEASE - $18 PSF + TMI - 1,021 & 2,680 SF

The Ironwood is a mid-rise office building located minutes from downtown Hamilton.

2 retail spaces available for lease located within newly renovated Spring Creek Plaza.

HAMILTON, ONTARIO

ROBERT SCALES COMMERCIAL LEASING AGENT E: LEASING@FORGEANDFOSTER.CA T: 1 888 600 7544

HAMILTON, ONTARIO

DUNDAS, ONTARIO

11311315_0318

HAMILTON, ONTARIO

Volume 18 Issue 01

11292930_0318

Commercial Real Estate & Business Opportunities

Mazhar Roshan Sales Representative

905.929.9800 647.609.9463 905.574.6400

GTA Direct

BROKERAGE Office

mazharroshan@sympatico.ca FOR LEASE $8,200.00 PER MONTH

Hamilton

Highly visible hwy location w/2 road frontages, sitting on 3.25 Acre corner lot. Property available for gross lease. Rent includes tmi. 3 Commercial units consisting of restaurant (licenced for 89 seats), bar (120 seats) & banquet hall (240 seats). Residential units consist of 1 2 bedrm & 1 - 1 bedrm. Turn key operation.

HomeLife Professionals Realty Inc.

Direct

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

SOLD

INVESTMENT PROPERTY – RENT FROM $2100 P/M 75’ x 150’ lot. Close to Hwy 403 and in the village of Ancaster. 3 Bedroom, 2 Bath House was rented for $2200/per month. Call for details. 2317_DJW_0049

3917_DJW_0029

RETAIL STONEY CREEK MOUNTAIN

HAMILTON $249,900

1917_DJW_1_0024

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.

I HAVE BUYERS FOR YOUR BUSINESS CALL FOR DETAILS

1917_DJW_1_6622

Long established Pizza and Wings business. Doing over $50,000 sales per month. Low rent and long lease, real money-making business. Close to all amenities, schools and on bus route. Good for big family or business oriented individual.

“My Business is to Sell Your Business”

11294991_0318

Please say you saw it in The Commercial Investor

Volume 18 Issue 01

Hamilton

Commercial Real Estate & Business Opportunities

72-74 HILLCREST ROAD, SIMCOE $599,900

28-30 KING STREET W #1, HAGERSVILLE $900.00 PER MONTH LEASE

ROTO-STATIC 2769 #3 HIGHWAY, JARVIS $185,000

Ideal Simcoe Investment Opportunity on gorgeous treed, private 6 ac parcel, w/ both residential and commercial use. 4 detached homes & approx. 10,000 sq ft 2 storey building. Homes include a 1 bed & 1 bath, two - 2 bed & 1 bath, & spacious 3 bed, 1.5 bath w/ double garage!

Renovated 1700sf commercial unit. Ultra spacious/bright store front, plus private rear parking+public street parking. Ideal professional office, retail store, law/real estate/bookkeeping venue, salon etc. Lease-$900/month..(No HST) Tenant pays n/ gas, hydro+lease hold improvements. Landlord pays property tax, building insurance, water/sewer. Priced for Action! 0318_DJW_0010

Established, profitable Roto-Static Carpet+Upholstery Cleaning Business for sale! Incs name, website, clientele list, phone #, 2010 Dodge Van+supplies/equipment-(see Sch). Well trained employee potentially could stay. P&L avail. Servicing Hald/ Norfolk. Become your own “BOSS”!

0318_DJW_0009

0318_DJW_0011

SOL 259 CEDAR DRIVE, TURKEY POINT $589,900

970 BURFORD-DELHI TOWNLINE ROAD, SCOTLAND $499,900

33 MAIN ST N, WATERFORD $399,000

Opportunity to own/operate profitable turn-key “Sarasoda’s” Restaurant on Turkey Pt’s beach strip. Incs E-side 580sf kitch/ store frnt/t-out wndow, 250sf storage garage, 7’x15’ WI cooler + 1056sf outdr patio. W-side offers Res.unit w/2 bths+3UL bedrms, PG furn’12, roof’07, sec.syst, comm.water.

Incredible Opportunity to Live & Work at Home! Reputable & Growing mechanics business with 3 bay 40’x60’ heated shop. Great curb appeal w/ tastefully updated 2 bed home w/ stunning finishes, new eat in kitchen, & premium flooring. A complete move in ready package & ability to make substantial wage at home! Close to 403 & 401! 2717_DJW_0020

Turn-key restaurant/commercial building in the Heart of Waterford! Great exposure & curb appeal w/ ample parking! Many commercial uses w/ zoning. Includes all equipment & chattels. Updates - H/VAC, electrical, roof, kitchen, & more. Env study & P/L available upon request! A family friendly community! 1917_DJW_1_0055

20 ROBINSON STREET SIMCOE $299,900

4875 RAINHAM ROAD, SELKIRK $299,900

6 PARKVIEW ROAD, HAGERSVILLE NOA 1H0 **LEASE** $1,450 PER MONTH

Investment Property loc. in Simcoe’s downtown core w/ ex. pedstrn/traffic exposure. Aprx. 7000sf Comm/Res. Blding-incs 2 Comm. Units (1 rented $1007 p/mnt), huge aprx. 3600sf 2nd flr ftrs 1580 sf hall w/14.6’ ceiling - ideal gallery/banquet hall/fitness centre, ktchn+2 bdrm unit. Zoned ”CBD”- allows for sev. uses. 3117_DJW_0017

Dairy Freeze/Restaraunt business sit. 1.02ac, busy intersection, incs 2 Rd entries - 1 Conc. N of L.Erie - 40 mns/Hamilton. Incs 1000 block bldng, full bsmnt, stl roof, n/g furn/AC’10, well w/ Comm.UV syst ‘13 + all equip/see att. Sch, est. clientele since 1962. P&L avail/serious inquires only - VTB potential. Att sch B/offers. AIA. 2317_DJW_0040

Tremendous Commercial Opportunity! Brand new, modern building w/great curb appeal, ample parking & location. 850 sq ft of interior space w/extra high ceilings! Competitive lease rate of $1450 per month includes utilities & exterior maintenance. Tenant is responsible for 1/3 of yearly taxes. Call LA to discuss! 1917_DJW_0020

3917_DJW_0003

8171399_0318

Please say you saw it in The Commercial Investor

Volume 18 Issue 01

Commercial Real Estate & Business Opportunities

Building value on a rental property… By Dino Nicosia, Broker of Record, Investpro Realty Ltd., Brokerage

Hamilton

he real estate market is divided into many submarkets, such as commercial, industrial, vacant land and residential. The sub market for residential can be separated into two categories; the owner occupied and tenant occupied properties. The value of the owner occupied property is mostly determined by supply and demand. This demand is significantly influenced by disposable income, interest rates, consumer confidence and political and economical climate. Although the tenant occupied property value is influenced by the same factors, in addition it is affected more importantly by the income it generates. With this type of residential property, you are not just buying the bricks and mortar, you are also buying the income that is being produced from the rent. Therefore, a tenant occupied property is also classified as an investment property. Since the value of an investment property is largely determined by the income it produces, we should relate this to running a business where the goal is to end up with money in our pocket at the end of the month. After collecting the rent

and paying all the bills, the amount of money left over, (before making the mortgage payments), is called the Net Operating Income (NOI). To determine an accurate NOI, the expenses must include property taxes, insurance, maintenance, vacancy reserve, utilities, garbage removal, lawn service, plowing, wages and management fees if any. The NOI is directly tied into the Capitalization Rate (also referred to as the Cap Rate). The Cap Rate essentially represents the percentage return on an all cash purchase (not taking mortgage debt into account). Simply refer to the Cap Rate as being the return on the investment, and note that the Cap Rate will be determined by the current market sales in the area of the subject property. For example, let’s assume you purchased a 20 unit apartment building which generates an annual NOI of $100,000.00, and the purchase price of this property was $2,000,000.00. Therefore, based on this purchase price, you are receiving a 5% return on the investment; or in other words, the Cap Rate on this purchase was 5%. Combined with the Cap Rate, the NOI will be instrumental in establishing the investment property’s value. Therefore if you want to increase the value of your tenant occupied property, you must improve your NOI. There are three major ways to increase the NOI: 1. Find ways to increase rents without affecting the vacancy. 2. Reduce property expenses without neglecting the property. 3. Do not rent the equipment… own them.

Please say you saw it in The Commercial Investor

1. INCREASING RENTS: We will demonstrate the tremendous impact on value from rent increases, with this real life example. The ownership of a recently purchased 21 unit apartment building created a business plan to renovate all units that became vacant and attempt to maximize their rents. They knew the great potential of increasing the NOI, which in turn would escalate the value of their property. The plan was to renovate and increase each unit by an average of $200.00 per month ($2,400.00 per year). Assuming, that the current market Cap Rate is 5%, then the value of the property would escalate by $48,000.00, by just increasing rent on one unit ($2,400.00 divided by 5% cap rate). In a period of one year, they were able to maximize rents to ten apartment units for a total annual increase to the NOI by $24,000.00. This amount translated to an increase in value by $480,000.00. Before an investor undertakes this task, they should ask themselves; • Does today’s market conditions make it worthwhile to spend the money for major renovations for the purpose of increasing rents?

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It’s all about the NOI.

Volume 18 Issue 01

23 8171394_0318

Commercial Real Estate & Business Opportunities

What is the maximum rent increase that I will need, to justify the major expenses? • With the expected higher cash flow, how long will it take to pay back the cost of the major expenses? First let’s establish how long will it take to recoup the renovation costs. In the above example the renovation cost was approximately $5,000.00 per unit. After the renovation was complete the rents were increased by an average of $200.00 per month or $2,400.00 annually. It will take approximately 24 months to recoup the cost of expense or in other words the payback on the investment is 2 years. That equates to an approximate 48% annual return on the renovation investment, ($2400/$5000 = 48%). But most importantly the total value of the property based on a 5% cap rate, had increased by $48,000.00 per unit, or $480,000.00 for the 10 units. In this example, it’s clear that the renovations at a cost of $5,000.00 per unit ($50,000 for all 10 units) was a prudent investment

BEFORE RENOS

AFTER RENOS

2. REDUCING EXPENSES: Reducing property expenses is often the most cost effective way to improve the NOI and increase value. Utilities:

Assess how much you are paying for heat, water and hydro and then establish how you can reduce these charges. • Water: Conduct routine checks for water leaks and running toilets in each unit • Heat: Check for loss of heat from windows, dirty radiators, old boiler system • Hydro: If you are paying for the unit hydro, remember that old fridges consume more; charge extra for the use of A/C window units and check the timer to the common area and exterior lights. Educate your tenants on the benefits of energy conservation. Realty Taxes: Are you paying too much realty tax? Let’s face it, paying too much realty tax on investment properties could significantly impact the NOI and dramatically reduce value. Unfortunately most investors take this large expense for granted and assume that the assessment on their investment property is correct and never bother to investigate it. Do your homework by obtaining the assessments on similar properties and compare. If your property is in Hamilton, do a quick check by taking the gross rents from the property and multiply by 23%. This result should be very close to the Realty taxes for the said property. If you are convinced your property is over assessed, then simply go to the MPAC website and follow the instructions; download and fully complete the Request for Reconsideration (RfR) form. A local assessment officer will be appointed to review your application. Once the officer completes his investigation you will be notified on their decision. Should you not agree with the results from the reconsideration process, you still have the option for an appeal. The

Please say you saw it in The Commercial Investor

appeal process is more involved and will not be covered in this article. 3. RENTAL EQUIPMENT: Another relatively easy way to reduce your expenses and increase the NOI is to eliminate rental equipment. Make a plan to owning them instead. We continue another real life example of how the property value was increased for a 21 unit apartment building. The hot water tank rental was approximately $250 per month (including taxes) which equated to $3,000 per year. The cost to purchase and install the equipment was approximately $5,000.00. The purchase of this hot water tank was a great investment because of the quick payback! But more importantly, this change also increased the property value by $60,000.00 by simply reducing the operating expenses (or increasing the NOI) by $3,000.00 per year. Summary The above scenarios demonstrate how simple investment undertakings produced a tremendous return rate and helped generate a huge increase in property value. One can now clearly see that increasing rents and or lowering expenses, (even if it requires expenditure to do so), is a wise decision. REMEMBER, IT IS ALL ABOUT THE NOI.

Hamilton

•

Volume 18 Issue 01

Commercial Real Estate & Business Opportunities

INVESTPRO REALTY LTD.,

VMYSL

BROKERAGE

Specializing in Multi-Residential Listing and Sales

Direct: 905-870-5852 dino@investprorealty.com

Hamilton

Great location and condition. Near GO Station and easy access to highway. Totally renovated spacious units, with 5 parking spaces at rear. Asking price $899,000.00. For more details and income statement visit our website.

4 UNITS, HEART OF DOWNTOWN, HAMILTON 2 Luxury residential E IC apartment units, over PR W 2,000 sq. ft. each E N on 3 levels. Plus 2 Commercial units. Asking $1,099,000.00. Visit our website for income and expense summary and much 1917_DJW_4_0008 more

SOLD

Sales Representative

www.investprorealty.com

Direct: 289-244-5627 kandy@investprorealty.com

LEGAL 4 PLEX, ST. CATHARINES

NEW LISTING, 6 UNITS NEAR DOWNTOWN

0318_DJW_0038

Kandy Thompson,

“Your Investment Partner for Life”

Broker of Record

Great St. Catharines rental area. No vacancies! Good cash flow. Asking $434,900. For details, please visit our website.

1917_DJW_3_0024

RENOVATED MIXED USE PROPERTY, HAMILTON Very spacious 2 br. apartment and successful restaurant. Both on a 5 year lease. Both units totally renovated. Asking $549,000.00. Visit our website 4317_DJW_0022 for details

24 UNITS, LONDON ON Great investment opportunity. Most units renovated. Newer roof, parking lot and boiler. Asking $2.1 mil. Arrange own financing. Visit our website for income/ expense summary and 4317_DJW_0021 much more details.

SOLD

Coming Soon! Legal Duplex at $349,000. Ask broker for details.

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Broker nkazan@royallepage.ca Office 905.574.3038

Broker nvbredow@royallepage.ca Office 905.574.3038

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8495852_0318

Dino Nicosia,

11294087_0318

Volume 18 Issue 01

Commercial Real Estate & Business Opportunities

Larry Szpirglas

Christine Kiriakopoulos

BROKER

SALES REPRESENTATIVE

larryszpirglas@royallepage.ca 905 648-4451 (o) 905 572-1801 (c)

Christinek@royallepage.ca 905 648-4451 (o)

Tel: 905.648.4451

FOR LEASE 3517_DJW_0033

Excellent commercial /retail space in trending International Village in downtown Hamilton. $14.00 per sq. ft. net. Approx. 2550 rentable sq feet. Wide storefront on highly trafficked road. Future LRT proposed. D2 zoning permissive of many uses. Tenant to verify use. Tenant pays for occupancy costs and TMI ($5.72 per sq ft).

Retail/office storefront space located in Hamilton’s prime downtown in trending International Village. Price: 14.00 per sq. ft. (net) approx. 750 sq. ft. prime space. TMI ($5.72 per sq ft).

L SO

FOR LEASE

400 CANNON ST. E. $10.00 PER SQUARE FOOT (NET)

3517_DJW_0034

706 STRATHEARNE AVE. $6,000.00 PER MONTH (NET) 2.16 acre property w/fenced yard, approx 5000 sq ft warehouse & approx 1800 sq ft office building w/ electronic weigh scale in Industrial core. New forced air furnace(‘17), newly carpeted(‘17). Signage in front of office. Zoning permits heavy industrial uses & storage.

202 KING STREET EAST, $14.00 PER SQUARE FOOT (NET)

3517_DJW_0044

Solid blding with 10,000 sq ft rentable & parking; Major arterial rd. Approx 14,000 vehicles per day. Access to major rds (Burlington St. QEW, LINC & Red Hill Expressway & Bay St. GO Station) hospitals, schools. J and H zoning; Possible change by City to C2 zoning

FOR LEASE

11312446_0318

FOR LEASE

186 KING STREET EAST, $14.00 PER SQUARE FOOT (NET)

Hamilton

3917_DJW_0010

905-662-6666 7-BED MCMASTER RENTAL 0

,90

12-BED MCMASTER RENTAL

EXCELLENT INVESTMENT OPPORTUNITY! 7-bedroom turnkey property with 3 bathrooms, 2 huge common spaces and modern decor. Renovated topto-bottom featuring: updated baths, flooring, wiring, plumbing, windows, roof, basement waterproofing and high ceilings. Plenty of parking. Walking distance to McMaster. Fully leased until April 2018 – Gross rent: $36,600 plus utilities with lots of upside potential. MLS: H4009419. Call Kevin direct: 905-802-4769. 0318_DJW_0041

,90

,0 $1

8 UNITS – BURLINGTON

12-bedroom turnkey property with 5 bathrooms, 2 kitchens, 2 laundry areas and plenty of common space. This amazing custom property has three entrances with a third roughed-in kitchen for potential triplex setup. Renovated top-to-bottom with luxury finishes. Walking distance to McMaster. Fully leased until April 2018 – Gross rent: $72,000 with more upside potential. MLS: H4007170. CAP 5.34% - Potential CAP – 6.6%. Call Kevin direct: 905-802-4769. 4717_DJW_0049

SIV

C EX

Fantastic 8-unit building in a desirable location of Burlington, close to all amenities. 3.5 stories with terrazzo stairwells, large parking lot and all brick exterior with concrete construction. Spacious 7 – 2 bedrooms, 1 bachelor and office with camera security, laundry room and newer boiler. Asking 1.8 million with minimum $600,000 down. Gross income of almost $100,000. Ideal investment with lots of growth potential. Call Italo direct: 905-719-3601. Principals only please. 4717_DJW_0051

WANTED FOR QUALIFIED EXPERIENCED BUYER : 50 - 100 UNITS IN THE HAMILTON AND HORSESHOE AREA. ALL CONFIDENTIAL - NO OBLIGATION.

Please say you saw it in The Commercial Investor

Volume 18 Issue 01

10339498_0318

Commercial Real Estate & Business Opportunities FOR

FURTHER INFORMATION:

JOHN HRYCZYNSKI BROKER

(905) EMAIL:

REAL ESTATE BROKERAGE COMMERCIAL

JOHN@BBSREALTY.COM

WWW.BBSREALTY.COM

COMMERCIAL REAL ESTATE

REAL ESTATE SALES AND LEASING SERVICES

DOWNTOWN CORE HAMILTON Prime downtown core location! Attractive office and retail space available in these meticulously preserved historic office and retail buildings with close proximity to all downtown services and amenities. Buildings are located near the future LRT stop. Office unit sizes range from 1,395 inline unit to entire floor plates of approx. 14,205 sfr and may combine floors for up to 42,600 sfr and retail mall units range from 705 to 1,000 sfr or more sizes. Rental rates vary depending on unit size and location. Immediate possession. Call John for details.

NEW RETAIL PLAZA FOR LEASE

OFFICE & RETAIL FOR LEASE

FREESTANDING BUILDING FOR LEASE 3917_DJW_0035

1400 UPPER JAMES ST., HAMILTON Prime Upper James Street location with excellent exposure on this power retail corridor; high traffic location with easy access to major arterial roads and highways. Busy retail plaza with large retail and service anchors. Unit is 10,820 sf, ideal for most retail/office uses. Five year sub-let at attractive rental rate or new lease available through Landlord. Abundant parking, 30-60 day possession. Asking $12.95/sf net. Call for details.

1917_DJW_1_0061

SOUTHERN ONTARIO A solid investment with a single AAA Canadian Chartered Bank Tenant, fully net income, carefree investment to the owner. A newer freestanding building, approx. 4,992 sf, with ample parking, prime corner location on 2 major roads in this thriving community. Long term lease with multiple renewal options. Price Reduced, 5% CapRate. Asking $4,020,000.

1917_DJW_1_0069

Hamilton

4317_DJW_0038

OFFICE AND RETAIL SPACE FOR LEASE

4717_DJW_0048

RETAIL FOR LEASE

3917_DJW_0034

AAA INVESTMENT PROPERTY

529-5900 X 240

CALEDONIA BUSINESS DISTRICT A new mixed use plaza devleopment in the downtown business district with occupancy in summer 2018. Excellent exposure along this busy major arterial through the centre of this growing town and located just west of the new 3500 residential unit development now under construction. Retail units from 1,000 sf to 5,000 sf. Ideal opportunity for most retail/office uses. Suitable for most national tenants, call for details.

HAMILTON CENTRAL MOUNTAIN Prime corner location Upper Wentworth St. and Fennell E. on central Hamilton Mountain, anchored by numerous national Tenants. Easy access to major roads & expressway. Excellent exposure to high traffic, economically priced office units divisible from 1,391 sf. to 19,061 sf., handicap accessible with elevator access. Retail space available as well. Immediate possession. Abundant parking. Landlord may assist with improvements. Asking from $17/sf GROSS. Call for details.

170 SILVERCREEK PKWY N, GUELPH Prime front freestanding bldg. Former bank with drive-thru ABM. Excellent exposure to power retail strip along Silvercreek Pkwy. Across from Willow West Mall. Quick access to Hanlon Parkway. High traffic location, busy plaza, ideal for a financial institution, restaurant or most other retail uses. Abundant parking. Building size is 4,268 sf plus drive-thru, asking $25.95/sf net. Call John for further details.

Your nexthome is here!

Please say you saw it in The Commercial Investor

Commercial Real Estate & Business Opportunities

2 UNITS 4,864 SQ.FT. EACH

Warehouse, loading dock and offices. 1 unit or 2 side by side.Very quick to QEW. Near Fruitland Road and South Service Road. Call for details

DUNDAS 1,030 SQ.FT. (COMMERCIAL)

$5.50 sq. ft. base plus $1.90/sq. ft.Taxes and Cam. Unit is 5,098 sq. ft. with loading dock. 18 foot high ceilings. Unit could be leased with the unit on either side to give total space of 12,005 sq. ft. There are entrances from Parkdale and Rennie. Other units available.

Downtown Dundas. 1030 sq.ft. on main ﬂoor with a lower level included. Excellent for Accountant, Salon, Driving School. Asking $2,000 per month plus utilities.

MOHAWK ROAD OFFICES

BEAUTIFUL HERITAGE BUILDING $2000/MONTH 3917_DJW_0038

QEW FRONTAGE – SUB LEASE

1917_DJW_0051

1917_DJW_0050

5,117 SQ. FT. WAREHOUSE

This is two units with an opening in the demising wall for tow motor. Could be I unit of 9,728 SQ.FT or single units of 4,864 SQ.FT. Warehouse space for each. Asking $5.50 per SQ.FT base.

QEW frontage with the following available: Under 5,000 SQ FT of Offices with Warehouse 8,000 SQ FT Offices and Warehouse 4,668 SQ FT Warehouse 910 SQ FT 2nd floor Office

3917_DJW_0037

4195 Sq Ft of 2nd floor gorgeous office space. Very well appointed units. Lots of parking. Located on South Service Road between Fruitland and Jones Road.Very quick off the QEW. Call for info regarding this sub lease.

3 FACILITIES QEW EXPOSURE STONEY CREEK

1917_DJW_0052

QEW FRONTAGE STONEY CREEK INDUSTRIAL FROM 4,668 TO 12,668 SQ FT 3917_DJW_0027

SUB LEASE QEW EXPOSURE

email: romans@efforttrust.ca

1917_DJW_0045

Main St. E. Hamilton

Roman Spytkowsky, Broker 905-528-8956 ext. 4190

Medical use only for these 3 units of approx. 750 Sq.Ft. Each on main floor. Plenty of parking. Call Roman for details.

1917_DJW_0044

617 PARKDALE HAMILTON (INDUSTRIAL) UP TO 20,000 SQ.FT.

Industrial building on the corner of Parkdale and Brampton Street. Approx. 19,480 sq. ft. Good for single user or may be divided. 2 over head drive in doors and 2 loading docks. Asking 6.75 per sq ft base rent. Quick to Burlington Street or Red Hill.

$$$$$$$$$$$$$$ $ HAVE CLIENTS $ $ $ LOOKING $ FROM 2,000- $ $ 10,000 SQ FT. $ $ OF INDUSTRIAL. $ $ I need more inventory. $ CALL ME. $ $ $$$$$$$$$$$$$$

Fantastic standalone building with 2 floors fully finished. Main floor consists of foyer, reception, kitchen area, 2 piece bathroom and Master Office. Lower level consists of 2 offices, 4 piece washroom and storage. This is a grand building with a lot of curb appeal, set up for law practice, accountant, medical etc.Very professional look both inside and outside as well.

20,000 SQFT INDUSTRIAL SPACE 1917_DJW_0047

Beautiful 2nd floor space with prestige office space of approx 4,195 sq feet. Could be demised into smaller space.

3917_DJW_0039

242

Hamilton

Volume 18 Issue 01

On Parkdale Avenue North near Burlington Street. Quick access to QEW or Red Hill. 20,000 SQFT for your business. Call for an appointment.

Volume 18 Issue 01

Commercial Real Estate & Business Opportunities

Greater Toronto Area

GREATER TORONTO AREA

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

GTA SECTION

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

Etobicoke Georgetown Georgina Keswick Markham Milton Mississauga Newmarket North York Oakville Oshawa

For advertising

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

doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca Please say you saw it in The Commercial Investor

Pickering Richmond Hill Scarborough Schomberg Sutton Toronto Tottenham Thornhill, Vaughan Whitby Woodbridge

Volume 18 Issue 01

Commercial Real Estate & Business Opportunities

FOR LEASE

Jay Singh, CPA, CMA, MBA (Ex-Commercial Banker & Accountant)

DENNO Fathalla

Tel: 416-666-3479

Sales Representative

Jay_Singh_@hotmail.com FSCO Licence # 10874

“Ex-Commercial Banker And Accountant That Will Help With All Your Commercial Financing Needs” Recent Transactions (1) 100% LTV Financing for $2.1M Commercial Building (2) 85% LTV Financing For $1.9M Commercial Building (3) 75% LTV Financing For $1.2M Refinance Of Hotel Going Through Receivership. (4) Refinancing Of Property To Remove CRA Lien.

CLOSED Restaurant With Equipment & LLBO Stoney Creek

Other Services (1) All Types Of Commercial Mortgage Financing (Motels, Hotels, Gas Stations Etc.) (2) Tenant - Landlord Financing (3) Unsecured Loans (4) Introductions To Joint-Venture Partners For Development.

11320543_0318

For more information call

Denno (905) 208-9373 11312196_0318

JUST LISTED

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, FANSHAWE COLLEGE, UNIVERSITY OF WINDSOR, UNIVERSITY OF WATERLOO & WILFRED LAURIER UNIVERSITY. TAKE ADVANTAGE OF MY KNOWLEDGE OF THE CITY OF LONDON BY-LAWS & RENTAL LICENCING.

0318_DJW_0030

4717_DJW_0047

A BLOCK TO DOWNTOWN ST THOMAS | $239,900 This extensively renovated Triplex is located within a block of St Thomas. Two units are vacant & investors can set their own rents & have the tenants they wish. We have 3 separate meters, 2 furnaces, laundry & a high & dry basement. Serious investors should not miss this for excellent cash flow & virtually no vacancy. Expenses & details, please call me?

AGENTS & BROKERS: Earn a 25% referral fee & we will look after your client’s with family attending Fanshawe College & the University of Western Ontario

Come and view this one of a kind, custom built legal duplex! Fully licensed and always rented, this property is ideal for an investor looking to add to their portfolio. Features include - in floor heating via energy efficient boiler system, low maintenance ceramic tile flooring throughout both units, ample on site private parking and a detached one car garage. Located in close proximity to Western University. Act fast properties like this do not come up for sale often.

NELSON CONROY

SCOTT GUNN

nelsonconroy@royallepage.ca

scott@scottgunn.ca

Sales Representative

519-672-9880

57 IRWIN, LONDON | $624,900

London South 334 Wellington Road S, N6C 4P6

Please say you saw it in The Commercial Investor

Broker

11303359_0318

ATTENTION INVESTORS

NEW LISTING

Greater Toronto Area

4717_DJW_0035

Commercial Real Estate & Business Opportunities

Volume 18 Issue 01

Sky Views

Key Findings from 2017 CMHC Rent Market Survey by Canada Mortgage and Housing Corporation Vacancy Rates Drop as Demand Outstrip s Sup p ly cc ding t anada tgage and H using p ati n s H a enta a et Su ey nta i vacancy rates moved lower to 1.6% in the fall of 2017, from 2.1% in the fall of 2016. New units added to the rental apartment universe fell short of increases in rental demand - resulting in lower apartment vacancy rates. Ontario vacancy rates hit their lowest levels since October of 2000. The province registered a broad based decline in vacancy rates with 10 out of 15 urban centres posting declines. The sharpest declines in vacancies were in ingst n hunde ay and Ha i t n hi e sha a was the only CMA posting increases in vacancies. Tont ue ph and ingst n p sted the est acancy rates across the province. Demand and Sup p ly Rates

Factors Imp acting Vacancy

Greater Toronto Area

Se e a fact s added t enta demand and exerted downward pressure on vacancy rates. A synchronized expansion in the global economy has lifted growth prospects this year especially in Europe and Canada. The Ontario econy has enefitted f this and is set t g at its fastest pace since Si i a y nta i employment levels in 2017 are on track to grow at one f the st ngest ates in ecent yea s Since ast fa creation was exceptionally strong particularly for households aged 15 to 24. Younger residents have a high propensity to rent and when j ob markets improve renter household formation follows as some young adults are encouraged to leave the family home and seek rental accommodation. Indeed, there is a strong positive correlation between unemployment rates and vacancy rates across time in the province of Ontario suggesting the rental market is pro-cyclical. A second factor supporting rental demand, was the rising cost gap between ownership and rental accommodation. Despite some cooling in home prices in the second quarter, Ontario monthly mortgage carrying costs are up strongly and were outpacing the growth in incomes and average apa t ent ents in S e p specti e fi st ti e uye s e e a e t pu chase a home but chose not to as the introduction of new policy easu es educed the u gency t act ndeed H nta i data f th high and ati fi st ti e buyers shows a decline in mortgage approvals from the same period one year ago. This suggested fewer renter households were vacating their rental units in favour of home ownership.

A third factor exerting downward pressure on vacancy rates was continued population growth. Roughly three quarters of growth in Ontario` s population is driven by migration. While International migration dipped from the near term high reached in 2016, immigration levels in 2017 will be the second highest since 2001. Immigrants lack the savings, j ob and credit histoy e ui ed f tgage financing s such a ut t thirds move into rental accommodation immediately upon arrival in Canada. Besides permanent immigrants, Ontario also registered strong growth in non-permanent residents which includes temporary workers on work visas and international students. Both groups, due to the temporary nature of their status, typically live in rental accommodation. Declining rental vacancy rates in recent years, encouraged more investment activity - resulting in more primary and secondary rental completions during the current year. e specifica y itchene a ie and ue ph egiste ed the strongest increases in the primary rental universe growing well above the provincial rate. In addition, condominium apartment completions, some of which are owned by investors, rose from this time last year, exerting upward pressure in the condo rental universe pa ticu a y in itchene and tta a Hist ica y th new primary and secondary rental units added to the rental stock compete with newer existing units in the primary market that charge comparable average rents. Turnov er Rates Remain Stab le But Low The Ontario turnover rate stood at 18.3% in the fall of 2017, unchanged from the fall of 2016. The turnover rate measures the share of units changing occupancy in the past 12 months. The maj ority of CMAs saw turnover rates d p e ain sta e n gene a fi st ti e uye acti ity resulted in fewer tenants vacating their existing rental accommodation â€“ keeping turnover rates stable. The highest turnover rates were recorded in markets with above average vacancy rates. This includes, Barrie, Windsor and Thunder Bay. High acancy ates p ided e ch ice in the market and encourages more mobility. Meanwhile, the lowest turnover rates were recorded in Toronto and Peterborough CMAs which were home to rental markets with below average vacancy rates. Markets with low vacancy rates enable landlords to pass on higher rent increases when units become vacated. Less choice in the marketplace and a higher potential to face above guideline rent increases discourages mobility among prospective tenants. Visit CMHCâ€™ s Web site at: www.cmhc-schl.gc.ca 8647857_0318

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Volume 18 Issue 01

G IN

,00

9 ,24

Commercial Real Estate & Business Opportunities

FOR SALE

Penny Kozoriz Broker 905-220-2832 or email: pennyk@cogeco.ca

Apex Results Realty Inc.

COMMERCIAL CONDOS

Heritage Group Ltd., Brokerage

• 9 Custom Stations, 2 sink w/reclining chairs. • Pedicure chair & equipment • Nail Station & Private room for Waxing & Massages • Great Opportunity Offered at $89,900

Each Office Is Independently Owned And Operated

Office: 905-764-7111 Direct: 416-988-4748

• Salon has Modern Furniture & Equipment

info@ mytran.ca

www.MYTRAN.ca 11208873_0318

• Owner Retiring

DO NOT GO DIRECT BY APPOINTMENT ONLY

moneysense

Canadians keen to support local small businesses: RBC Poll

rom the local coffee shop, to the neighbourhood handyman, Canadians are passionate about small and local businesses.

In fact, according to the 2017 RBC Small Business poll, 88 per cent of Canadians will choose to support a local business when possible, and 57 per cent would pay more for a product or service that is offered by a local business. In addition, today’s consumer is demanding more payment choice and opportunities to engage online and through social media. “Canada’s small businesses are the driver of our local economies and when given the choice, Canadians want to support their small and local businesses,”says Jason Storsley, vice-president, small business at RBC.“Owners and operators need to capitalize on this affinity for small businesses by satisfying consumer needs, like offering more payment options and engaging with customers online.”

items under $25, but declines sharply costing more than $25. Almost 70 per cent of Canadian adults say that they would spend more at a small/local business if it accepted more than just cash as a payment option. Seventy-seven per cent of Canadians wish that more of the small businesses they frequent had ‘tap to pay’, and 47 per cent wish they had greater access to mobile payment options such as Apple Pay or Android Pay. The majority of Canadians (63 per cent) have thought about owning their own business. One in every three Canadians who has ever thought about owning a business has actually started or purchased a business at some point in their lives. Greater control and money top the reasons why some Canadians want to own their own business, with 88 per cent saying that owning a business would allow them to have control over their future and 83 per cent saying that it would allow them to make more money. And our affinity for small businesses doesn’t stop there – 63 per cent of Canadians said that they would prefer to work for a small business.

Canadians want more convenient payment choice with the majority preferring to pay by credit or debit, regardless of the FOR THE FULL REPORT VISIT RBC.COM. purchase amount. Cash is a popular payment method for Please say you saw it in The Commercial Investor

Greater Toronto Area

MY TRAN

Sales Representative

BEAUTY SALON IN HIGH TRAFFIC STRIP MALL IN BURLINGTON

11314720_0318

Property fronting Steeles Avenue West Located steps from public transit and new Toronto-Y ork Spadina subway extension Great opportunity to own or for investment. Please contact for more details.

…continued from page 6

for success. Those who cannot accept this new reality will dismiss it at their own peril.” He adds: “Interest rates are at historic lows and continue to stay low, but are moving up incrementally, as they really only have one way to go. Short-term interest rates are being properly – and effectively – normalized by central banks. There is stability and growth in the GDP of the G7, and rising interest rates are typical in this environment. Capitalization rates are another story. Commercial real estate has printed trades at historically low cap rates, but the bid-ask spread is widening – and acting as a brake on transaction volumes in major markets. The theory that interest rates will rise at the short end, but thinning spreads will keep cap rates in place, is not logical or supportable over the mid-to-long term. Cap rates and corresponding return requirements will eventually move as financing acquisitions becomes more expensive.” Occupier behaviour, states the report, is another source of change that is challenging the market and more fundamentally driving innovation and performance. “Ultimately, these trends will prove beneficial as real estate is used more effectively and with greater cost efficiency,” says Rose. Technology, including its impact on real estate solutions, is potentially the most exciting element of change in the commercial real estate industry. Technology adoption – including artificial intelligence – is gaining so much momentum that it is driving profitability and expanding capabilities exponentially. Wellness in the workplace is another emerging trend that intersects with occupancy solutions, the hunt for talent and technology. Whole health, or the combination of physical and mental wellness, is critical to the success of all enterprises. “Change is good when it benefits an industry and its stakeholders,” says Rose.“Rising interest rates and capitalization rates in 2018 – and beyond – will allow for more traditional pricing of assets based on a risk-adjusted real rate of return. Once the stalemate over prior cycle strategies and underwriting ends, growth should fuel more demand, reduce vacancies and cause rental rates to rise. When this change is combined with efficiencies captured by the latest technologies, we will welcome a new wave of demand, performance and innovation.” In Canada, the commercial real estate sector continues to possess varying, but largely healthy, property market fundamentals across the country’s regions and asset classes – supported by a stable economy, which is the envy of the G7 countries. “Despite the favourable market conditions, there is a sense that we are late in the cycle and a slowdown is inevitable,” says Bill Argeropoulos, principal, practice leader, research

“Despite the favourable market conditions, there is a sense that we are late in the cycle and a slowdown is inevitable.”

(Canada) for Avison Young.“The commercial real estate sector is having to re-evaluate challenges and opportunities in a technologically transforming world – a world that Canada appears to be making a concerted effort to lead, rather than follow.” Argeropoulos notes: “Office leasing fundamentals are reasonably sound, and even the challenged markets in Calgary and Edmonton are showing promise. Across the …continued on page 36

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SELLING REAL ESTATE FOR OVER 28 YEARS

Platinum Award Winner

Bill Morrison SALES REPRESENTATIVE

Direct:

905-619-9500

Heritage Realty Inc., Brokerage Independently Owned and Operated

Email:

morrisonb@sutton.com

OSHAWA

AJAX

Investment Opportunity. 3 Storey will maintained 11 – 2 Bedroom and 1 – 1 Bedroom apartments. Lots of parking. Close to Hwy 401 and GO station.

$2,275,000

0318_DJW_0043

ASKING

$1,799,000

BOWMANVILLE

0318_DJW_0044

AJAX

Downtown Bowmanville investment property on .93 acres. 12 Residential apartments plus office and retail spaces. Well maintained property. ASKING

$2,395,000

0318_DJW_0049

Prime location in heart of Pickering Village. High traffic exposure. 2 units approximately 2300 sq ft. Currently leased. Potential for land assembly. ASKING

BOWMANVILLE ASKING ONLY

$899,000

$1,050,000 Leased. Free Standing to 2 tenants with nearly 6 years remaining on leases. 9108 Sq Ft Building. 6.3% CAP RATE.

Acres. Room for Expansion. Close to future GO Station on high traffic road. 2317_DJW_0072

ASKING

TORONTO

$2,300,000

0318_DJW_0045

TORONTO

Investors Dream. 4 units legal multiplex. .66

ASKING

Greater Toronto Area

ASKING

Investment Plaza in the heart of Pickering Village. 2 Buildings mixed use plus automobile sales on a 126 x 165 Lot. Potential for redevelopment.

10527900_0318

Toronto line: 416 798 7278

$4,995,000

0318_DJW_0046

WHITBY

Great Investment. Very well maintained and fully tenanted 8 – 2 bedroom and 2 – 1 bedroom units. Plus potential for 1 additional Bachelor. Tenants pay own hydro with separate meters. Lots of parking. 0318_DJW_0047

Newer office building, downtown Whitby. 5 years old. Fully leased. Lots of parking. 5.2% CAP RATE.

ASKING

$2,990,000

0318_DJW_0048

I URGENTLY NEED MORE PROPERTY TO SELL IN ALL AREAS,

BUYERS ARE WAITING.

Call Bill Morrison to sell yours! FREE consultation call Bill 905-619-9500

Volume 18 Issue 01

Commercial Real Estate & Business Opportunities

Commercial Team In Canada! *

All-Stars

The PB Team Realty Brokerage Independently Owned And Operated

**Sales Representatives Broker of Record

www.PBcommercialteam.com

MAIN/DANFORTH

PRIME COMMERCIAL/RETAIL SPACE

LAWRENCE/HWY 404 PRIME OFFICE SPACE

Prime office space available just minutes from the DVP! Well-maintained and bright main floor space of approx 972 sq. ft. with large windows front and back, large reception area, 2 large offices, meeting room, common area, kitchenette & bathroom! Great lease terms, plenty of plaza parking+++ $14.95/Sq. Ft. Net. 0318_DJW_0036

EAST GARAFRAXA 239 ACRES

YORK MILLS/DON MILLS SUBWAY FRANCHISE

Opportunity! Opportunity! Opportunity! Excellent investment opportunity! 239 acres minutes from high density population! Loaded with potential! Possible golf course. Not in the greenbelt. $8,800,000. Call George 416-554-7653

Famous subway franchise located in high demand YORK MILLS/ DON MILLS area, busy plaza with high traffic! Business office and residential area! Well established business for 23 years, with current owner for 15 years! Opportunity to be your own boss! Perfect for a family owned business! Gross sales $6,500/week per seller! Low rent $3,492.83 + HST total per month! Catering potential! $138,800 3517_DJW_0026

1917_DJW_0032

www.PBcommercialteam.com | Team@PBTeam.com 905-887-9000 â€˘ 416-735-2324 5071 Highway 7 East, Unit 5, Markham ON L3R 1N3 *Based on Re/Max Canada commissions in 2014 1st Q

11276658_0318

Greater Toronto Area

Prime commercial/retail space available just steps from the Main subway! Great business opportunity! Busy Main/Danforth intersection with heavy foot traffic. 560 sq. ft. with ground level Main Street exposure! Excellent lease terms! $880/mo plus TMI. Call George 416-554-7653. 3517_DJW_8118

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

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Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION COVERING: Barrie Collingwood Muskoka North Bay Kawartha Lakes Midland

Meaford Paisley Parry Sound Orillia Owen Sound Sudbury Walkerton

For advertising

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

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

CENTRAL ONTARIO

…continued from page 32

board, demand from traditional sectors is now augmented by growth in the tech sector and the increasingly prominent co-working movement, which is taking a larger share of the leasing pie.

vacancy levels that are half of those in the office markets. A diverse and growing tenant base, fueled by accelerating e-commerce demand, is pushing the sector to adapt quickly as some markets face a decreasing supply of developable land.

“Co-working’s rapid growth is attributed to the needs NOTABLE CANADIAN INDUSTRIAL MARKET of startups and entrepreneurs, and rising demand for HIGHLIGHTS INCLUDE: affordable workplaces on flexible lease terms. This growth • Canada’s two-billion-sq.-ft.-plus industrial market has the potential to disrupt the office market with new displayed an overall vacancy rate of 3.9 per cent as 2017 pricing models for office leases and asset valuations. Clearly, came to a close – down 50 bps from year-end 2016. Despite building owners will weigh whether this disruption is a a steady stream of development, demand will remain strong benefit or a detriment to their assets,” he says. during the next 12 months, holding the nation’s industrial NOTABLE CANADIAN OFFICE MARKET vacancy rate below four per cent in 2018. HIGHLIGHTS INCLUDE: • Vancouver claimed the nation’s lowest vacancy rate (1.6 • With a market comprising more than 530 million sq. ft. per cent) and second-lowest among North American (msf), Canada’s overall office vacancy rate increased 20 industrial markets in 2017. Though it is expected to basis points (bps) from year-end 2016 to 11.8 per cent near improve in 2018, Halifax vacancy was the highest and year-end 2017. The increase can be attributed to ongoing also posted the greatest year-over-year change (+280 bps supply-demand imbalances. to 15 per cent) in late 2017. Comprising 70 per cent of • Uneven demand and a healthy development pipeline Canada’s industrial stock, Eastern markets registered a will see vacancy rise by varying degrees in five of 11 60-bps decline in vacancy to 3.5 per cent near year-end markets and lift Canada’s overall office vacancy rate 40 2017 from year-end 2016 – a rate that is expected to be bps to 12.2 per cent by year-end 2018. Weighed down repeated again by year-end 2018. With a modest increase by Calgary and Edmonton’s struggles, a notable Westin 2017 and sitting 150 bps higher at five per cent, East divide remains. Western markets will finish 2018 Western markets are projected to see vacancy retreat with a collective vacancy rate of 16.1 per cent versus 10.1 marginally in 2018. per cent in Eastern markets. Four Canadian markets • In the North American context, Canadian markets were are projected to be among the 10 lowest overall office standouts. Vancouver, Toronto, Winnipeg and Ottawa vacancy rates in North America by year-end 2018: claimed four of the 10 lowest vacancy rates in 2017. Winnipeg, Toronto, Regina and Vancouver. Joining these markets in 2018 will be the Waterloo Region. • Taking a long-term point of view and unfazed by supply• Fueled largely by e-commerce and the need for the latest demand imbalances, the development community remains in logistics/distribution/ warehouse facilities, more than busy. There was 12.5 msf (48 per cent pre-leased) of 11.5 msf (41 per cent pre-leased) was under construction office space under construction across Canada near the near the close of 2017 (representing only 0.6 per cent close of 2017 – mirroring construction levels at year-end of the total industrial stock). This total compares with 2016. More than half of the development pipeline is nearly 12 msf that was underway in 2016. Vancouver and concentrated in the nation’s biggest market, Toronto. This Toronto remain magnets for new industrial development, status ranks the city sixth among North America’s most accounting for 73 per cent of total development. However, active development markets. Vancouver (5 msf) surpassed Toronto (3.4 msf) as the most Argeropoulos continues: “On the retail front, the one active development market. constant is change, and 2018 will be no different. Strengths The report also states that the amount of investment in the sector – high consumer confidence, tight vacancy capital being deployed into Canadian commercial and balanced new supply, along with growth in population, real estate has not abated and, although the market is immigration and tourism – are countered by weaknesses, constrained by a lack of product and the lateness of the such as rising consumer debt and vacancy from failing biginvestment cycle, eager investors are seeking new ways box and department store retailers. to direct more capital into hard assets – despite rising “Contrary to widespread belief, bricks-and-mortar retail is interest rates on the horizon. not going away, but is in the process of transforming and “It was another record year in 2017 for investment with an adapting to serve customers in the wake of technological estimated $32 billion worth of property changing hands in advancement. E-commerce is growing faster than in-store Canada’s major markets and asset classes through midsales, but still represents a small fraction of all retail sales December – well above the record $28 billion in sales in in Canada.” 2016. Investors continue to diversify portfolios, prune nonThe report states that single-digit vacancy rates define core assets and pursue prime assets in key markets,” says the rapidly evolving Canadian industrial sector with Argeropoulos.

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Volume 18 Issue 01

Commercial Real Estate & Business Opportunities 8313781_0318

Bill Byers Sales Representative bill-byers@coldwellbanker.ca

TEMISKAMING REALTY LTD.,

FISHING & HUNTING CAMP Turn Key, 100+ years well established, all inclusive packages keep this property near full all season. Ideal for the outdoors family to live & work here year round. Shining Tree. Asking $749,900. MLS TM172033

4717_DJW_0030

4717_DJW_0029

HWY#11 COMMERCIAL 93 Acres with Commercial Hwy entrance. 2 Homes, 70’ X 40’ and 40’ X 40’ Shops, Garage & more. Over 10 Acres of good solid gravel parking. With Agricultural/Commercial zoning there is a ton of potential. Near New Liskeard. Asking $499,000. MLS TM172580 0318_DJW_0016

3517_DJW_0017

LARGE BUILDING Former Chicken Farm. 5,300 sq’ Barn with Office, 28’ X 60’ Shop, & 2 Smaller Barns. Tidy 4 Bedroom, 2 Bath House. Large Garden, nicely landscaped. 1.4 Acres. Just off Hwy#65 East between New Liskeard & Quebec. Asking $349,900. MLS TM172705

2317_DJW_1_0033

New Liskeard, Northern Ontario

4717_DJW_0031

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

BROKERAGE

4 UNITS 3 Residential, 2 two bedrooms and 1 one bedroom, plus 1 Commercial Storefront. 3 other lots included. 2 Natural gas Furnaces. Lots of potential. Priced to sell at $89,900. Downtown Cobalt. MLS TM172818

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 $149,900. MLS TM152302

You’ve just found your nexthome!

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Central Ontario

160 ACRES Year Round Road with Hydro & Phone. Unorganized Sharpe Township no Zoning or building permits required. Asking $79,900. MLS TM170521

trending

Open Debate:

Open vs. Private Workspaces

any Canadian companies feel they offer collaborative workspaces, but do workers agree?

Canadian companies may want to consider mixing things up when it comes to their office arrangements. While 81 per cent of workers surveyed by Robert Half reported open arrangements help collaboration, they also noted at least some privacy contributes to a more productive, less stressful office environment; yet only 35 per cent of workers said their employer offers both options.

A separate Robert Half survey of HR managers revealed the majority (57 per cent) feel their workspaces are already collaborative, and most don’t have plans to update their offices. “Workspaces should be as unique and versatile as the employees who use them,” says Greg Scileppi, president of Robert Half, International Staffing Operations. “By taking into consideration various work styles and preferences, companies can establish an office design that encourages improved performance, comfort and productivity.”

Additional findings from the surveys: • While 81 per cent of workers conceded that open floor plans help with collaboration, they also said that other office configurations, including semi-private cubicles (62 per cent), a combination of open and private spaces (58 per cent), and private cubicles (54 per cent) can be collaborative. • Employees who work in semi-private cubicles and a combination of open and private spaces cited the least amount of productivity due to their workspace. Workers with private offices felt the most productive. • Nearly one-third (30 per cent) of professionals working in private cubicles said their workspace configuration hinders collaboration. • Sixty per cent of those with private offices said their workspace makes them feel relaxed compared to only five per cent who reported feeling stressed. Those working in semi-private cubicles (33 per cent) reported the most amount of stress due to their workspace configuration. Adds Scileppi: “Organizations need to be aware of the effect office design can have on current and prospective employees.

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CONS: Impromptu conversations can be disruptive to nearby workers trying to focus.

The look and feel of an office represents the company and reflects the corporate culture; the right layout can attract candidates in the hiring process, and keep current staff feeling engaged and supported.”

4 | Open floor plan

Robert Half identifies pros and cons of different workspace configurations to help managers decide what’s right for their office:

PROS: This option saves on overhead costs, and is best for roles, departments or industries that require a high level of collaboration.

1 | Private offices

CONS: It’s not ideal for introverted personalities or those who require a quiet space for concentration. It also lacks private spaces for confidential discussions.

PROS: Employees and management can make business and personal phone calls, hold meetings or have private conversations without being seen or heard. CONS: They’re expensive and require more space to implement. Workers who close their doors can seem unapproachable.

5 | Combination of private and open spaces PROS: It isn’t as disruptive as other types of configurations, and allows for employees to gather in common areas. CONS: It’s more expensive to implement and can take more time to design this type of space.

2 | Private cubicles PROS: They provide some privacy. CONS: Outside discussions can be distracting, and employees worried about disrupting others might avoid conversations, prohibiting collaboration.

3 | Semi-private cubicles PROS: Professionals can see each other, making it easier to have spontaneous conversations. This option offers an open floor plan feel, but also allows workers to feel ownership of their space.

The surveys were developed by Robert Half and conducted by independent research firms. The HR managers’ survey includes responses from more than 300 HR managers at Canadian companies with 20 or more employees. The survey of workers includes responses from more than 500 Canadian professionals age 18 and over and employed in office environments.

For more information on this report please visit rhii.com.

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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

Volume 18 Issue 01

Commercial Real Estate & Business Opportunities

Jack Huitema Broker of Record

905-774-7624 MANITOULIN ISLAND – 48.8 ACRES – GARDEN CENTRE BUSINESS

220 Broad Street East, Dunnville, ON N1A 1G2 Each Office Is Independently Owned & Operated

GREENHOUSE/GARDEN CENTRE OPPORTUNITY

MODERN GREENHOUSE CENTRE

1917_DJW_0042

3517_DJW_0013

In operation for 15 years. 3 bedrm, 3 bath home, 12 hoop houses with everything required to produce all the plants you need for retail sale. Café provides additional income. Located minutes away from Ferry. All on 48 acres of Sandy Loam soil. Call Jack for more details.

11279879_0318

1917_DJW_0041

1800 sq. ft. home. 11,000 sq. ft. heated packing barn. 3 acres under glass. Hot water heating. 500,000 litre rainwater storage. 150 KW Auto generator. Easy access to Highway. Call Jack for more information.

4717_DJW_0041

On 80 acres of productive soil. 20 acres for greenhouse warehousing growing area, parking lot and home. Two Crone gas fired boilers installed in 2015. 6 acres of greenhouse, 13,000 sq. ft. of warehouse and offices. Large retail area and lots of parking. Great opportunity to take over a long established business. Call Jack for details.

www.coldwellbanker.com

Eastern Ontario

Your nexthome is here!

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NIAGARA

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

NIAGARA SECTION COVERING: Niagara Falls Niagara-on-the-Lake 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 Please say you saw it in The Commercial Investor

Volume 18 Issue 01

Commercial Real Estate & Business Opportunities

Colliers International Niagara Ltd., Real Estate Brokerage 82 Lake Street, Suite 200, St. Catharines, ON L2R 5X4 www.collierscanada.com 905-354-7413 1244 CHIPPAWA CREEK ROAD, THOROLD

3719_DJW_0009

246 VINE ST., ST CATHARINES

3719_DJW_0007

115.75 +/- Acres Heavy Industrial Land available along with 6.02 acres EC-1 zoned land. 3 phase power near property, no sewers, gas on both sides of road. Water line at road but no connection. Currently farmed with crops such as soya, wheat, corn & small grains. Legal non-conforming H1-8. Barn in as is where is condition. Pond on property. Taxes to be confirmed. Grade 3 soil. OFFERED AT $1,495,000 Contact Ralph Roselli, Sales Representative ralph.roselli@colliers.com

1 ST. PAUL STREET, ST. CATHARINES

300 FOURTH AVENUE, ST. CATHARINES

PT LT 3 & 4 BERTIE ST., FORT ERIE

4317_DJW_0024

3719_DJW_0008

+/- 16.46 acres located on E/S of Vine Street; south of Carlton Street. Preliminary sketch for 5 freehold townhouse blocks totaling 28 units. R1 zoning. Possibility to re-zone to high density residential (apartment building). Buyer to complete own due diligence in regard to re-zoning. Sanitary, water and storm water infrastructure in place at Vine Street and Niagara Street. OFFERED AT $1,599,000 Contact Mike Halliday, Sales Representative mike.halliday@colliers.com

0318_DJW_0003

The site is approximately +/-91.56m of frontage along Maplewood Drive, including +/-3,286.2 sq. m. (+/-0.81.2 acre) of land zoned Freehold Townhouse Block for development. OFFERED AT $1,395,000 Contact Michael Halliday, Sales Representative mike.halliday@colliers.com

9 KEEFER RD., ST CATHARINES

6360 LUNDY’S LANE, NIAGARA FALLS

4041 LOCUST LANE, BEAMSVILLE

Excellent investment opportunity or owner occupy and rental income. Centrally located in Port Weller Industrial Park. Only 6.5 km to QEW. Solid concrete block and steel construction. 5 grade level loading doors: W 12’ x H 14’. 15’ - 24’ ceiling height. $1,298,000.00 | $68.85/SF | +/-1.3 Acres. Contact Greg Chew, Sales Representative greg.chew@colliers.com

BROKERAGE APPRAISALS MANAGEMENT

4717_DJW_0021

Land opportunity zoned Urban Entertainment Centre. Great Q.E.W. exposure with over 2,900 ft. frontage. Direct access to site from both directions off the Q.E.W. New $28 million dollar city water and sewer completed to service the site and further developments. Adjacent to the Historic Fort Erie Race Track. OFFERED AT $5,965,000 Contact Greg Chew, Sales Representative greg.chew@colliers.com

4717_DJW_0022

Consisting of +/-10 acres of land, the site area is situated on the high traffic commercial corridor of Fourth Avenue at First Street Louth, known as 1st Place Plaza. Rental Rate and additional rent – contact listing agent. Contact Dave Fulton, Sales Representative dave.fulton@colliers.com

0318_DJW_0004

WELCOME to one of the best bars in town! Almost world famous. Great exposure in the busiest area of the City for a fun evening out of dining and dancing. 2 full floors with a large patio for those warm summer nights, a second home to many Brock students. This established business, since 1990, with great food and amazing prices, is being offered as business only with all chattels included. Offered at $695,000.00 Contact Ralph Roselli, Sales Representative ralph.roselli@colliers.com

Rare opportunity available on Lundy’s Lane. This 3,600 sq. ft. building has 40 ft. of frontage on Lundy’s Lane. Prime space next to McDonald’s. Very high traffic counts - 20,100 vehicles per day . Many permitted uses including fast food. OFFERED AT $20.00 psf n/n/n Contact Taylor Wilson, Broker of Record taylor.wilson@colliers.com

Unique opportunity to purchase an established winery operation on the rich Beamsville Bench. The current home of the trusted Mike Weir brand, this property is in the beating heart of Niagara’s globallycelebrated wine country. OFFERED AT $10,900,000.00 Contact Owen Hughes, Sales Representative owen.hughes@colliers.com

Accelerating success. Global leadership in real estate solutions.

“Information contained herein has been obtained from the owners or from other sources deemed reliable. We have no reason to doubt its accuracy but regret we cannot guarantee it. All properties subject to change without notice.”

Please say you saw it in The Commercial Investor

11306014_0318

Niagara Peninsula

3117_DJW_0009

42 MAPLEWOOD DRIVE, ST. CATHARINES

Volume 18 Issue 01

Commercial Real Estate & Business Opportunities

ADAM DEARBORN

CELL

Sales Representative

INVESTMENT REAL ESTATE NIAGARA & HAMILTON

Garden City Realty Inc Brokerage Independetly Owned and Operated 905-641-1110

905 -401-1331

Adam@remax-gc.com 11320487_0318

STUDENT HOUSING & APARTMENT BUILDINGS MY STUDENT RENTAL LISTINGS IN THOROLD & ST CATHARINES ASKING PRICE

ADDRESS

Devine Crescent Devine Crescent Baldwin Circle Baldwin Circle Nancy Court Romy Crescent McDougall Dr McDougall Dr Jacobson Avenue Glenridge Avenue Village Road

$355,000 $355,000 $325,000 $299,000 $349,000 $299,000 $355,000 $349,000 $439,000 $455,000 $469,000

16 UNIT APARTMENT BUILDING

MONTHLY RENTS

$2,100 $2,100 $2,000 $1,625 $2,375 $1,725 $2,250 $2,225 $2,375 $2,325 $2,850

POWER OF SALE | $1,450,000 IF YOU OWN AN INVESTMENT PROPERTY IN HAMILTON OR NIAGARA AND ARE CONSIDERING SELLING IN 2018 â€“ PLEASE CONTACT ME FOR AN EVALUATION.

Wake up to your nexthome! Niagara Peninsula

Please say you saw it in The Commercial Investor

Volume 18 Issue 01

Commercial Real Estate & Business Opportunities

Larry “BILKO” Bilkszto Sales Representative Since 1989

Garden City Realty Inc., Brokerage Independently Owned and Operated

www.bilko.ca • bilko@rgcmail.com

8494906_0318

905-641-1110 • 905-562-3000 • Toll Free 1-866-575-9400 48 Acre vineyard. Approx. 21 acres tiled & planted to riesling. Outbuildings, 2 single family residences & a help house. 3 road frontages & great QEW exposure. Natural gas available, artisan well supplies all water needs. Large steel 3,200 sq. ft barn/ workshop. $2,499,800

Vineland building lot. Very quiet area off the beaten trail with no through traffic, yet only 5 mins to QEW. All city services to the lot line. This lot is mostly ravine, it will allow for a 2,900 sq. ft, 2 storey to be built north of the hydro lines. Asking $249,800

High profile corner property overlooking St. Catharines new hospital. Major exposure. All city services just down the road. Corner of First St & St Paul W, the wine route, at the 4-way stop. Almost 2 acres presently zoned agri lands within city limits. Great investment with much future potential. $499,800

23 Acre parcel of sandy, picturesque land. Located in the hamlet of North Pelham, just south of Jordan and only minutes to the Q.E.W. Great building lot for your dream home, quiet rolling countryside. Town gas. Planted to nursery stock. super investment and future potential. $699,800

Victoria Batiste Sales Respresentative Cell

289-241-1345

Garden City Realty Inc. Brokerage

Independently Owned & Operated

Fluent In Russian!

905-641-1110 | victoriab@remax-gc.com

SUCCESSFUL FRANCHISE FOR SALE

0318_DJW_0006

0318_DJW_0007

0318_DJW_0008

260 GENEVA STR. | ST. CATHARINES Whether you’re renting or buying, finding your next home has never been so easy.

Turn Key Operation in a busy location of St. Catharines. Well established Breakfast/Lunch/Brunch Restaurant. Excellent sales, increasing every month. Long term lease. Full training and support provided by Franchisor. Google map rating is 4.3*. Plenty of parking. High traffic location. Close to all amenities. Asking price $279,000. Call L.A. for more details on this business and Financials. MLS #30616874 Call or Text Victoria Batiste @ 289-241-1345 or email: victoria@remax-gc.com

Please say you saw it in The Commercial Investor

Niagara Peninsula

You’ve just found your NextHome!

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SPECIALIZING IN FARMS, LAND, VINEYARDS, GREENHOUSES, COUNTRY ESTATES & RESIDENTIAL HOMES THROUGHOUT THE NIAGARA REGION

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

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

Volume 18 Issue 01

Commercial Real Estate & Business Opportunities

Your Real Estate & Mortgage Investment Specialists Your Real Estate & Mortgage Investment Specialists 1.888.330.3866 1.888.330.3866

info@profunds.ca info@profunds.ca

www.profunds.ca www.profunds.ca

Utilize Private inRate yourInReal Today! Is Shopping For Funds The Best YourEstate Best Interest? We as the general public have been spoiled by the low bank rates being offered to date. Many investors become so enticed by low interest rates that they do not even consider the option of using private funding when they are declined by the bank, and as result, they turn away from a purchase or refinance that could have generated great profit for them. This is, in most cases, very damaging to an individual’s credit. MORE damaging than one might imagine! haveare seen many profiles and credit bureau reports I have seen credit First of all,I why more andpersonal more people getting declined by the bank?and Today the banks have scores drop 10-20 points from just inquiries (that is per inquiry). If you go to 3 brokers and 3 banks become very difficult to work with. This is because they have imposed extremely strict ou could potentiall see our from to exact . his could undermine our e ortand of requirements for approvals andscore if youdrop do not meet their credentials, you are declined getting a mortgage frombeen a type “A” lender, Ias thesure typical minimum score is in the range of 650-680. your buying power has diminished. am many have experienced such frustrations on It also looks very suspicious to a lender when they see multiple banks, lenders & brokers names the new and improved banking protocol, specifically business owners and contract workers who listed on your creditverifying report. When a lender broker pulls industry a credit bureau report, the company may have difficulty income. Being or in athe mortgage for almost 2 decades now, I name is listed under Inquiries on your credit report. Banks have to question if there is a potential have witnessed vast changes in the approval process for both residential and commercial lending. issue as so man di erent institutions are pulling our credit. re ou seeking a lot of credit at once? Are these other institutions Is there property, a potential riskfamily or concern? This Just a short time ago it was possible todeclining purchaseyou? a residential single up to 4 units, situation, more o en than not, leads to the word D with only 5-10% down. Today you would need a minimum down payment of 20% of your purchase price. You must be able to show that you have the funds to support this purchase and if you cannot Credit scores for real estate investors are really critical for a successful venture. Whether you are verify your income as declared on your tax returns, then there is a very high probability that you pursuing residential or commercial real estate, this is one factor that must be in line when will be declined. How many individuals have fallen into this category because of being pursuing credit (there are other options when one has a lower score, however, rates will be self-employed? Majority of these individuals are the ones that are seeking alternative investments a ected and therefore our cash flow as well). such as real estate for long term stability because of a lack of post retirement pensions and government support. For the real estate investor or anyone looking for the best rate on a mortgage, is it really that important to save 0.15% or less on your rate? For example, based on a $100,000 mortgage and a 25 I want to inform all of you investors that we cannot let the banks criteria stop our real estate year amortization, on one hand a Broker or Bank A is advertising 2.99% for a 5 year term and on endeavours! We have access to private money where these strict rules do not apply. The approval the other hand roker or ank is o ering . . lthough this appears significantl di erent, process for private funding is based on common sense approach. A common sense approach the actual monthl di erence is onl . and over a ear term it is onl . . s it worth the entails analyzing a deal objectively and all-encompassing. A feasibility analysis would be time of shopping several Banks or Brokers, running around and having your credit report being conducted along with an appraisal of the property, and any other relevant documentation would pulled again and again for the small di erence in the grand scheme of things he industr can be requested on a deal specific basis. Although the interest rates are higher, with private funding o er di erent rates from roker to nstitution, however, it is all within a ver minor di erence. You there is significantly more flexibility with closing times (mortgages can close within a matter of will not find an mortgage professional that will o er more than a half a percent di erence in the days!), income confirmation, loan to values, and conditions on a mortgage offer. A higher interest business. If you do, then something is not right and perhaps you should read the fine print. rate is far worth the ability to purchase real estate that could produce great future value and profit that otherwise may not even be a possibility. 9649286_0318

Business Investor

I will say to you 100% no!

Commercial Real Estate & Business Opportunities

Volume 18 Issue 01

Your Real Estate & Mortgage Investment Specialists 1.888.330.3866

info@profunds.ca

www.profunds.ca

Building a relationship with your Broker will certainly be worth more than $7.72 a month for 5 years. A good real estate investment mortgage broker is really another key aspect in your business. It is your buying power! If you are purchasing multiple properties and seeking constant credit, having one broker work for you and know your business is critical and beneficial. They Know where deals have been sent and what information has been sent. You also have the comfort of knowing that they will only be pulling one credit report periodically. This report can go to several lenders without the concern of tarnishing your credit. Find a broker you are happy with, one that understands your business, has access to all types of funds, (residential, commercial, private) and truly understands real estate investment financing. Having a Broker that can assist and facilitate all investment properties (not just residential) would be a big asset. Don't shop for the sake of shopping. You will be saving thousands in fees, appraisals costs, gaining from their knowledge and keeping your credit score intact. Pro Funds has been servicing real estate investors for over 15 years in residential, commercial and private lending. Contact Pro Funds Mortgages at 1-888-330-3866 or info@profunds.ca

Carmen Campagnaro President Pro Funds Mortgages

Business Investor

11289457_0318

Mazhar Roshan Sales Representative

HomeLife Professionals Realty Inc.

Direct GTA Direct Office

mazharroshan@sympatico.ca RETAIL STONEY CREEK MOUNTAIN

BROKERAGE

I have qualified buyers for up to $5M in commercial and investment buyers. Call for details. INVESTMENT PROPERTY - RENT FROM $2100 P/M

8148414_0318

905.929.9800 647.609.9463 905.574.6400

D L O S 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. 1917_DJW_1_0024

75’ x 150’ lot. Close to Hwy 403 and in the village of Ancaster. 3 Bedroom, 2 Bath House was rented for $2200/per month. Call for details. 2317_DJW_0047

HAMILTON

POWER OF SALE - $10,000 6502 JAMES ST, INWOOD

Well established Dollar Store doing $7000 per week in sales and growing gradually. Lotto and Tobacco products just added. Good for family operation. Long lease and reasonable rent.

Long established Pizza and Wings business. Doing over $50,000 sales per month, low rent and long lease, real money making business. Close to all amenities, schools and bus route. Good for big family or business oriented individual.

Commercial building. Good for any type of retail, commercial or office. Property being sold "as is, where is." Buyer or his agent to do the due diligence.

1917_DJW_1_0056

1917_DJW_1_0013

1917_DJW_1_0043

DOLLAR STORE - $79,900

FOR LEASE $ 8,200.00 PER MONTH

FOR LEASE – HAMILTON - $ 3,000.00 PER MONTH

NEED TO SELL YOUR BUSINESS OR COMMERCIAL PROPERTY? THIS SPACE IS FOR YOU! Highly visible hwy location w/2 road frontages, sitting on 3.25 Acre corner lot. Property available for gross lease. Rent includes tmi. 3 Commercial units consisting of restaurant (licenced for 89 seats), bar (120 seats) & banquet hall (240 seats). Residential units consist of 1 - 2 bedrm & 1 - 1 bedrm. Turn key operation. 3917_DJW_0028

CALL FOR DETAILS

2717_DJW_6000

FOR LEASE - $20.00 PER SQUARE FOOT

d e as

Very busy location close to QEW, Home Depot & all other commercial businesses. 1100 sq. ft. retail space available. Good for office, storefront or any kind of business. TMI is roughly $8 PSF. Call LBO for viewing or more details. 1917_DJW_5_0006

In rapidly growing area of Red Hill business park. Over 1000 sqft office space with huge outside storage area. Good for light industrial, warehouse, and outside storage

BURLINGTON FOR LEASE $20.00 PER SQUARE FOOT

D 0 SOL 50,00 1,2 $ R

Location, location, location. Fully rented office retail commercial building with some long leases in place. 2 properties under one deed. NOI is over 83K. Close to all amenities and other commercial buildings. Buyers and their agents to do their due diligence. For viewing and more details call LBO. 1917_DJW_1_0020

d e as

3932 sq. ft. of retail space, used to be a bar. Walk-in cooler, freezer & kitchen set-up with hood. Available immediately for lease. TMI is $8 PSF. For viewing & equipment list call Mazhar. 1917_DJW_1_0005

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investment

Strategic objectives Provincial economies and markets vary, and so should your investment strategies by Melanie Reuter

t is often said that there is no such thing as a Canadian real estate market. You can simply look at your own city or town to see the performance variation across neighbourhoods. The same can be said for inventory choice: Some asset classes such as multi-family, student housing or furnished rentals do better during certain economic times in different cities. Boiled down to its most basic, real estate is based on employment — simply, people need to work and live where there are jobs. The decisions coming from the U.S. will have a huge impact on resourcedriven regions and we wait with bated breath to see what will happen to forestry, oil and gas and manufacturing if NAFTA meets its demise.

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ONTARIO

“Double, double, toil and trouble…” If Bank of Montreal Chief Economist, Douglas Porter is to be believed, the Greater Toronto Area real estate market is in a bubble that could burst. Although climbing real estate prices have become a humdrum topic at cocktail parties, if you already own property in Canada’s biggest city, making doubledigit growth on your asset in one year is not boring, it is nothing short of unbelievable. Most of the GTA is feeling the price explosion. Ontario’s economy (the largest in Canada and twice that of Quebec, which is second), continues to grow. Its diversified economy is still heavily in favour of manufacturing, and much like almost all other provinces, will feel the effect of the decisions made by the Trump administration, which can heavily impact the car industry. In November, the unemployment rate fell to 5.5 per cent – the lowest since July 2000. The GTA remains the biggest draw to people moving to Ontario, with most new people immigrating from overseas. People are flocking to Hamilton as well, a city with solid economic fundamentals that many never believed would be a draw for so many. Transit improvements and relative affordability compared to the GTA means it is a more affordable option.

FIX AND FLIP (OR JUST FLIP)

Depending on your time horizon and your ability to get it done, quick transactions in a market appreciating the way Toronto’s is, can net you some sweet pocket money. Know that this is a very risky strategy, especially if you don’t know what you are doing or the market makes a sudden turn. And keep in mind to factor in realtor fees upon sale. MULTI-FAMILY BUILDINGS

If you can find them, multi-family buildings are a solid investment. You don’t have to deal with (or pay) strata if you own the whole building, contend with owneroccupiers and, of course, can often get the units at wholesale prices. Property management is often much cheaper and repairs and maintenance are scalable, saving money all around. No one can time the market. Perhaps we are not on the precipice of more price appreciation, but unless you have deep pockets and nerves of steel, there are high risks. If you are looking to buy a rental property, the near impossibility of generating positive cash-flow, given the high prices, makes looking outside Toronto more prudent.

BUY NEAR TRANSIT

DON’T BUY

If you already own a property or two in Toronto, this may be the time to execute a not often talked about real estate strategy – sell. Even if it is your own primary residence, consider cashing in on the 20 per cent equity appreciation you just made in the last year and rent. Hang on to the equity and buy two properties if the market does indeed crash.

This strategy makes sense for a few reasons: Students, especially those from overseas, use and seek public transportation; more and more aging baby boomers and older seniors rely on transit (particularly in lower socioeconomic neighbourhoods); immigrants used to it or out of necessity seek it out; and Millennials often embrace their freedom to not own a car. Rents and values are often 15 per cent higher within walking distance to rapid transit, compared to similar properties outside of the transit scope. Melanie Reuter is a real estate researcher, writer and consultant. She is also an investor with properties in Alberta and BC.

GTA sales and average price by major home type November 2017 year-over-year per cent change

Sales

Detached Semi-Detached Townhouse Condo Apartment

Average Price

416

905

Total

416

905

Total

-18.9%

-19.2%

-19.1%

-5.1%

-6.2%

-5.8% 1.2%

-4.0%

-7.4%

-6.2%

-0.7%

2.2%

-17.6%

-6.4%

-9.3%

12.3%

2.7%

4.8%

-6.1%

-12.3%

-7.9%

17.7%

10.6%

16.4%

SOURCE: TORONTO REAL ESTATE BOARD

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inthenews

West is best:

Canada’s two western most provinces lead economic growth in 2017 and 2018

lberta’s economy led the country last year, with robust economic growth of 6.7 per cent. This year, however, the province will take a back seat to British Columbia, who will emerge once again as the provincial growth leader, according to The Conference Board of Canada’s Provincial Outlook: Autumn 2017.

“Thanks to rising oil production and a swift turnaround in drilling levels, Alberta surged out of recession this year. But, the rebound has been unsustainably fast, implying the pace of recovery will moderate in 2018,” says Marie-Christine Bernard, director, provincial forecast, The Conference Board of Canada.“With strength in many sectors, British Columbia’s economy is poised to outpace all other provinces and will be one of only three provinces with growth above two per cent.” BRITISH COLUMBIA was forecast to enjoy real GDP growth of 3.2 per cent in 2017. And, while a slightly weaker

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growth of 2.7 per cent is anticipated for 2018, B.C. will still outpace all other provinces in economic growth. One of the factors behind the slowdown in 2018 is the cooling off in the housing sector. Measures implemented to cool demand and continued challenges related to housing affordability led to a small decline in housing starts last year and they are forecast to remain virtually flat this year. The cooling off in the housing sector will trickle down through the economy and lead to slower growth in employment, income and, most significant of all, consumer spending. Meanwhile, the province’s forestry sector is expected to be either flat or negative over the next five years due to ongoing problems with the mountain pine beetle infestations and duties imposed by the U.S. on Canadian softwood lumber imports. Having faced a milder recession than Alberta’s in 2015 and 2016, SASKATCHEWAN’s rebound in 2017 was more muted. Real GDP in Saskatchewan is expected to advance by 1.6 per cent in 2018. Labour markets remain stuck in neutral and are not powering consumer spending. On a more positive note, prospects for the province’s primary sector are brighter. The potash industry increased production and global market conditions improved in 2017, and that is expected to carry over into 2018. The

While the compensation increases will give more than one million workers earning less than $14 per hour more money to spend, consumer demand is expected to grow at a slower pace in 2018 due to elevated consumer debt. Meanwhile, more stringent mortgage-qualifying requirements and rising mortgage rates will cut into new housing construction in 2018–19. QUEBEC’s economy saw significant improvement, with the provincial economy forecast to grow 3.2 per cent in 2017. The province did well on several fronts, but it was solid consumer demand that was the decisive factor behind the renewed strength and optimism in the province. The recent strong economic momentum is expected to lose speed quickly, however, as the pace of consumer demand is forecast to weaken. Overall, real GDP growth is expected to slow to a still-solid 2.0 per cent in 2018. The province could also be facing challenges on the trade front. With 70 per cent of exports destined for the U.S market, the renegotiation of NAFTA could change the playing field for many exporters, and that provides risks to the outlook. The Atlantic provinces experienced economic growth well below the national average in 2017, as the region was hurt by weak job creation and the aging of the population. This year, growth will be even more modest in all of the Atlantic provinces, with the exception of NEWFOUNDLAND AND LABRADOR. Newfoundland and Labrador’s economy contracted by 3.1 per cent in 2017, but is forecast to see real GDP growth of 2.4 per cent in 2018 thanks to new oil production at the Hebron platform. energy sector is benefiting from new technologies that are stimulating investment, and the recent strength in oil prices will help sustain the number of wells drilled in the province. MANITOBA has been benefiting from heavy investment by Manitoba Hydro since 2015, which has provided a big boost to real GDP growth. However, with the development of the Keeyask generating station still under way and construction of the Bipole III transmission line moving ahead, investment in the province is expected to peak in 2018 and their completion will be a headwind to growth in 2019. A second blow to economic growth are the large declines in metal mining production expected until the end of the decade. Overall, real GDP in Manitoba is expected to slow to 1.3 per cent in 2018. A cooldown in consumer spending will hold economic growth to just 2.0 per cent in Central Canada this year. ONTARIO’s economy is expected to grow at a robust pace of more than three per cent, but difficulties on the trade front, as well as slowdowns in the housing market and consumer spending will limit growth to 2.0 per cent in 2018. Ontario’s increase in the minimum wage will temper the pace of job growth. The higher cost of labour with reduce the pace of employment growth by 29,000 positions in 2018 and an additional 12,000 in 2019.

Underpinned by a competitive Canadian dollar, PRINCE EDWARD ISLAND’s tourism and export sectors grew at a solid pace, bolstering overall economic growth by 2.3 per cent in 2017. However, P.E.I.’s economic growth is expected to dip to 1.3 per cent this year as construction of the electric transmission line to New Brunswick is completed. NOVA SCOTIA and NEW BRUNSWICK have some of the weakest near-term growth prospects in the country. Both provinces will see health care spending grow at a strong pace, while at the same time, limited gains in employment will hold back household spending. In Nova Scotia, real GDP growth was forecast at 1.3 per cent in 2017 and 1.0 per cent in 2018. With the delivery of the first vessel under the Arctic and Offshore Patrol Ship (AOPS) program scheduled for this year, activities at the Halifax shipyard will continue to support growth in the manufacturing sector. International immigration has been exceptionally strong in recent years, and that has boosted the labour force numbers in Nova Scotia. As for New Brunswick, the decline in the labour force limited economic growth to 1.5 per cent in 2017 and just 0.8 per cent in 2018. The prospects for the mining sector are favourable over the near term, but the forestry sector faces more difficulties with trade tariffs.

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Your NextHome is waiting. Find the perfect new home or condo in the neighbourhood that fits your lifestyle. 16G COM

SPOTLIGHT SECTION NEUSTADT – RESIDENTIAL SUBDIVISION | $790,000 48 Lots, unserviced, Draft Plan Approved Subdivison In “one of Canada’s Prettiest Little Towns – Neustadt, Ontario” including 4 separate Lots facing Forler Street which can be built on immediately, only 10 minutes South of Hanover. ASKING $790,000 CONTACT:

0318_DJW_0034

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WINSTON DAVIES, BROKER OF RECORD WINCORP REALTY INC., REAL ESTATE BROKERAGE, GUELPH, ONTARIO Tel: 519-836-2080 Email: wjmdavies@rogers.com

You’ve just found your nexthome!

THE COMMERCIAL INVESTOR SPOTLIGHT

COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!

11312437_0318

“WE PRODUCE RESULTS”

Free CMA Evaluation with this cut out ad

LAND DEVELOPMENT / INVESTMENT / BUY & HOLD FUTURE 1019 WILSON ST ANCASTER

Paul J. Szostak

Broker / F.R.I. / P.S.A. / S.R.S. / C.-C.R.E.C. / A.S.A. / A.B.R. / S.R.E.S.R.C.C. (Past Chair) / R.A.H.B. (Director 2011-12)

stakteam@gmail.com

905-333-3500 1917_DJW_4_0001

$2,995,000 Developers Delight. Value is in the land and location!!! High density corner location. Double driveway. Located in heart of business area in Ancaster/Hamilton across from Smart Centre and future development site. MLS #H317442. LAND AND BUILDING

1917_DJW_3_0032

1917_DJW_4_0001 BUY/HOLD INVESTMENT APPROX. 10% CAP RATE

$428,888 Multi use fully tenanted property with turn key operation. Seven units with separate meters. The 7th hydro meter is being installed. This amazing opportunity to generate approximately $41,000 net operating income! Roof replaced approx. 5 years ago. Parking available for up to 10 vehicles. Appraised at $415,000. Excl. BUILDERS DELIGHT

1917_DJW_4_0001

W NE

REDUCED $1,950,000 $1,088,888 Excellent opportunity for the right entrepreneur to use their talents to either set up as a repair shop or mixed use, auto sales, auto detailing. High visibility with high density traffic with excellent signage. Priced right for building & land. MLS #H3191403. 415 #6 HWY S HAGERSVILLE RM FA 8. W 8,88 L! E T N $60 CIA HO ICE SPE R 8” P 01 “2

1917_DJW_4_0001

“Buy and Hold Investment Opportunity” Fantastic agricultural property consisting of 30+ acres with two out buildings that can be used for multiple storage. Property has a possible severable lot, with possibility for commercial zoning as well. Home is being sold “AS IS”. MLS #H3175073. Vendor will consider V.T.B. mortgage.

UNIT 317 - 1100 SOUTH SERVICE RD., STONEY CREEK

1917_DJW_4_0001

$368,888 $418,000 New listing. Investors delight. Executive office space with beautiful views of Lake Ontario. Approx. 1850 sq. ft. Call LBO to view. MLS #H3205374.

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$178,888 Double lot (5 and 16) currently zoned residential single-family with fantastic street view with some of the property bordered by natural stream. MLS #H3205683. HALDIMAND COUNTY

1917_DJW_4_0001

ON ILL 18 LD N T 20 SO TIO ARY I ND NU CO F JA O D EN

$78,888 Only minutes walking to the water of beautiful Fort Erie. Lot zoned residential over an acre of land. This lot is priced to sell and it is in a location or anticipated future building lots. Call today and get your offer in! “Selling Distinctive Lifestyles “ “Building Lot” minutes from Lake Erie and Beach with breathtaking views of nature’s finest. MLS #H3205662. LIGHTHOUSE DRIVE, DUNNVILLE ON ILL 18 LD N T 20 SO TIO ARY I ND NU CO F JA O D EN

$68,888 Very affordable residential rural building lot with the necessary amenities within a 10 minute drive. Also only minutes walk to the waterfront of the beautiful Fort Erie Beaches in Port Maitland. “Selling Distinctive Lifestyles” and you don’t have to be rich and famous to afford this “Building Lot” minutes from Lake Erie and Beach with breathtaking views of nature’s finest. This virgin property boasts 1.09 acres. Up the road on Sandy Bay is Freedom Oaks Golf Club off the shores of Port Maitland. MLS #H3205657.

Commercial Team In Canada! *

The PB Team Realty

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www.PBcommercialteam.com ** Sales Representative + Broker

ATTENTION INVESTORS! 21%+ ANNUAL RETURNS!

• Single Family, Towns • Projected Returns & Condo Developments Exceed 21% per Year • Partner with Top-Tier • RRSP, TFSA++ Eligible, GTA Developers As low as $25,000 • Get Developer • Applies to Qualified Returns! Investors Only! GEORGE POLITIS

KENNY BRIENZA

416-554-7653 LAWRENCE/HWY 404 PRIME OFFICE SPACE

0916_DJW_3_0071 MAIN/DANFORTH

PRIME COMMERCIAL/ RETAIL SPACE

0916_DJW_3_0071

YORK MILLS/DON MILLS SUBWAY FRANCHISE

0916_DJW_3_0071

EAST GARAFRAXA 239 ACRES

Famous subway franchise located in high demand YORK MILLS/DON MILLS area, busy plaza with high traffic! Business office and residential area! Well established business for 23 years, with current owner for 15 years! Opportunity to be your own boss! Perfect for a family owned business! Gross sales $6,500/week per seller! Low rent $3,492.83 + HST total per month! 3517_DJW_0028 Catering potential! $138,800

11276415_0318

0916_DJW_3_0071

416-833-8840

www.PBcommercialteam.com | Gpolitis@ThePBTeam.com 905-887-9000 • 416-735-2324 5071 Highway 7 East, Unit 5, Markham ON L3R 1N3

*Based on Re/Max International Commercial Commissions in 2014 1St Q.

19G COM

Make a refreshing change this year and let your portfolio grow. Invest with integrity and a successful track record, where your interest is our FIRST PRIORITY. Mortgage investments from 6 to 14% annual return. BUILDERS, DEVELOPERS AND LAND OWNERS! We have funds for your development or project. Let an added value seasoned financier be your partner and ensure your success.

1.888.330.3866

www.profunds.ca

Pro Funds Mortgages #12051 â€˘ 3410 South Service Rd. Suite G5, Burlington, Ontario L7N 3T2