Commercial Investor - 17 Feb, 2018 by NextHome

Feb 17 - Mar 17, 2018, Volume 18 Issue 02

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

NEUSTADT – RESIDENTIAL SUBDIVISION | $790,000

CAMBRIDGE, ONTARIO | 3,000 SQ. FT. | $799,000 | MLS# 30611121

Beautifully finished from basement to attic (4 floors). Located on high traffic street with high exposure, just minutes south of Hwy# 401. Currently turn-key full spa.

LESTER TOBIN Sales Representative, Coldwell Banker Commercial Peter Benninger Realty, Brokerage P: 519-743-5211 Ext: 3023 E-mail: Lester-Tobin@coldwellbankerpbr.com

48 Lots, Draft Plan Approved Subdivison In “one of Canada’s Prettiest Little Towns – Neustadt, Ontario” including 4 separate Lots facing (in RED) Forler Street which can be built on immediately, only 10 minutes South of Hanover. ASKING $790,000

CONTACT:

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

OFFICE BUILDING ON 0.36 ACRES $1,750,000

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

Click on Events

ICIWorld.com iciworld.mobi All Mobile Devices Search The ICIWorld App

FREE SUBSCRIPTION!

192 PLAINS ROAD EAST, BURLINGTON Beautifully maintained office building, Excellent exposure with frontage on Plains Rd., Reception area, Boardroom, Large open concept office space on main floor, 3 separate offices on 2nd floor, Finished basement, Kitchen, Large rear parking lot, Wheelchair accessible, Professionally landscaped. Contact Coldwell Banker Integrity Real Estate Inc. WILLIAM DEJONG Broker Email: wdejong@cbci.ca | Phone: 289-291-5068 or

HANEM HAMOUDA Sales Representative Email: hhamouda@cbci.ca | Phone: 416-414-9320

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

FC_0718 (COM)

146-2 4875 1 4

Society of Real Estate Brokers

PROPERTY OF THE MONTH

UNIT FOR LEASE

AVAILABLE IN HAMILTON 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

SPACE FOR LEASE COLBORNE ST. E. BRANTFORD

FOR LEASE

Retail space available for lease. Building going through a rejuvenation. Last unit available in the building. 1170 sqft of open space with large store front windows along the busy Colborne St. E. corridor. Asking $10 per square foot. Landlord inducement available. Call for further details.

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

IN STONEY CREEK

Great Stoney Creek location at 589 Barton Steet. Main level office/industrial unit available. 2020 sqft. 90% built out to offices, board room, bathrooms and kitchenette. Rear roll up door, we small storage area. This high traffic location has quick access to the QEW. Well maintained building with lots of successful tenants. 1917_DJW_2_0011

1917_DJW_2_0022

$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 SALE or LEASE

ATTENTION LAND OWNERS

BRAND NEW COMMERCIAL CONDOS

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

WE NEED DEVELOPMENT LAND PLEASE CALL US

1917_DJW_1_0026

R DE CT N U A TR N CO 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_0718

AVAILABLE

INVESTMENT OPPORTUNITIES

SOUTHWESTERN ONTARIO INVESTMENT TEAM

COMMERCIAL CONDOS FOR SALE London, Ontario

SCOTIABANK SALE LEASEBACK OFFERING Stratford, 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.

+ + + +

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

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

FUTURE DEVELOPMENT LAND Dorchester, Ontario + + + +

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

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

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

+ + + +

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

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

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

Joe Benninger* CCIM James Craig* 519 340 2330 519 340 2323 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

15,892 sq. ft. high quality office space High profile location in downtown Windsor Convenient on-site parking Asking $1,195,000

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

INDUSTRIAL DEVELOPMENT LAND London, Ontario

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

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

OFFICE/RETAIL OPPORTUNITY Windsor, Ontario

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

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

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

CAMPGROUND/DEVELOPMENT OPPORTUNITY

LAND OPPORTUNITY Wilmot Township, Ontario

±122.9 acre property just east of London ±58.5 acres designated residential in OP Income from ±100 workable acres and cell tower $2,600,000 ($21,155/acre)

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

2 building portfolio in downtown Stratford ±47,192 Sq. Ft. GFA 80% Leased 57% leased back to Scotiabank Prominent location in thriving market

11284449_0718

+ + + +

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

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

CCO M M ERRCCI IAALL OOPPP P O RUTNUINT II ET SI E S O M M E O R T LIGHT INDUSTRIAL A RARE FIND

FREE STANDING BLDG ATTENTION INVESTORS INCOME PROPERTY

LIGHT INDUSTRIAL

Windsor, Ontario

London, Ontario

635 Wilton Grove Road - London Ð Building 96,024 square feet Ð Site Area - 6.495 acres Ð Zoned LI 1 2679- Howard Ð Various clear heights 25’-9’ Avenue 93,000tosquare feet - free compound standing industrial, Ð Easy access 401 with fenced warehouse, office facility

Located on 7.05 acres of land Asking Price $4,950,000 Fronting Howard Ave, north of Edinborough St.

1885 Blue Heron Drive - London, ON Wilton Grove Ð Near WalMart, 635 Canadian Tire, LCBO, 96,024 SF Building on 6.9 acres Winners, Golf Town, Sport Chek....etc Zoned LI 1 clearunits heights 9ft to 25ft Ð Fully airVarious conditioned Dock and grade loading Ð Grade loading Fenced in compound Ð Building very well mainted Asking $4,950,000 Johnson * 2,700 sq.ft. Ð UnitsAndrew 1,2 - approximately 519.438.8639 andrew.johnson@cushwakeswo.com

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 466 Third Street Ð Southon-site London location Ð Ample parking Attention handy persons, hobbyists, 18,000 600v squarepower feet, airwith conditioned Ð investors 3Ð Phase or developers. Unique several Ð Includesopportunity 5,500 sq.tf. very nicely investment inof East London connection points with various finished featuring twooffices homes and large (46’x23’) amperage’s throughout on 0.48 detached Ð Largega lotrage/workshop with 30 car parking Ð acre 10 cranes ranging from$250,000 5-25 ton lot. Asking Sale/ Price $1,700,000 Ð Jameson Indoor Outdoor storage Lake * Ð 519.438.8548 $175,000 NOI w/excess vacancy $1,500,000 jameson.lake@cushwakeswo.com Gary Pollock ** 519.931.2174 SALE PRICE $2,950,000 gary.pollock@cushwakeswo.com

16’ - 30’ foot clear heights Andrew Johnson * 10 cranes ranging from 5-25 tonnes 519.438.8639 Partially tenanted with strong income stream andrew.johnson@cushwakeswo.com

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

Brent Rudell *** Rate of current income 8.6% Cap Over 200 K of additional income potential 519.438.5608 brent.rudell@cushwakeswo.com Asking $2,500,000 ($27.00 psf)

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

NOI $215,000 / $567,000 Gross Income

RESTAURANT / RETAIL

LAKEFRONT FARMLAND 1021 Wonderland Road South

INDUSTRIAL LAND

Andrew Johnson * 519.438.8639 andrew.johnson@cushwakeswo.com

David Jongerden * 519.438.9125 45 Kingdavid.jongerden@cushwakeswo.com Street - London, ON Ð Located in a building to be occupied by 300+ office workers in 2017 Pkwy & River Rd Veterans Memorial Ð RestaurantON space available across from London, Budwieser Gardens Ð Approximately 9.5 Acres Ð Complete ktichen with a walk-in cooler, 12 ft Ð Excellent to Veterans range hood,exposure gas and electric lines Ð Memorial Bright openParkway main floor dining area ÐÐ Convenient highway access to 401 Owner will assist with improvement Ð Zoned H*LI2 Allowance and / or free rent ÐLease Daily traffic count of approximately Rate $19.95 psf Net 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 Tenants Include: Subway, Pizza Hut,

e New Pric

Oxford Learning, Hollywood Tan, VACANT LAND

City of London 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

42917

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

Ð 201 Acres abutting Lake Erie 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, Ð 125 Workable and 76 Forested Acres, as well as NEW DEVELOPMENT Ð Potential for a farmhouse andFuture barn. Development 1510-1520 Highbury Ave. Included is income16.58 from aN. Bell Mobility Tower ÐÐ Approximately Acres lease on the property ÐÐ Located inavailable Byron outside the Urban Various from 1,500 sfand up to Futureunits income potential through logging 90,000 Growth Boundary maplesfsyrup production Occupancy forsources 2018 Many income abound as well as future ÐÐ Great access to 400 Series highways development potential Zoned HS 2,3, RSC 1,3,4of Komoka, Ð Abutting small towns - Retail Sales, Medical / Dental, Financial Kilworth and Delaware Asking $2,300,000 Institutions, Price Commercial Recreational Ð Establishments Zoned AG1 David Jongerden * $2,200,000 Lease Rate $28.00 psf Net

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 COM

2679 Howard Avenue INVESTMENT Windsor, ON London, Ontario

519.438.8639 andrew.johnson@cushwakeswo.com

STRATHROY AREA

David Jongerden, Sales Representative 1080 Wellington Road South 519.438.9125 david.jongerden@cushwakeswo.com T riple Net Land Lease with Best Buy

Free Standing Building

Approximately 37,080 square feet

PRESTIGIOUS BLDG

Approximately 3.2 acres

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 3,165 sq.ft. building on 7.43 acres

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

Lifebreath system installedfor Contact Listing Agents ÐÐ Premier office space in fringe Additional Ð downtwon HandicapInformation washrooms core Potential for over $50,000 Gross Income per year ÐÐ On-site, free Andrew Johnson * parking included in rent Property taxes (2016) $12,089 519.438.8639 ÐÐ Over 38,000 square feet andrew.johnson@cushwakeswo.com Ð Well wired and finished space

Asking Price $449,900 Lease Rate $10.00 psfspace Net

Ð Preference George Kerhoulas *for single user but 519.931.2181 may be demised george.kerhoulas@cushwakeswo.com Tyler Desjardine *

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

David Jongerden, Sales Representative 11266917_0718 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

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 TE TR A AT AP R C

North York

• 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

• 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

N UN EAR DE RB AY

• 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

E TIV AC E TR RAT T A AP C

Red Rock

E BL DA NT OR TME F AF VES IN

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.

Hamilton

LY UL NG I TIF AU UILD E B TB P E K

• Asking $2,650,000 • Asking $120,455 per Suite • Approx. 50% of the Units have been Extensively Renovated with New Kitchens and Baths, etc. • Vintage Appearance to the Building Exuding Old World Charm and Pride of Ownership • Roof New in 2015 • Fire Shutters Installed in 2015

50 % RE OF NO UN VA ITS TE D

• 6 x Bachelor 10 x One Bedrooms 6 x Two Bedrooms • Tenants Separately Metered & Pay Own Hydro • LED Lighting in Common Areas • Balconies Reconditioned with Railings & Decking • Ex. 1st & 2nd Mortgage (People’s Trust) can be Assumed by Buyer or Discharged

22 Suites

8172756_0718

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Harry Stinson Realty Corp. Brokerage 289-389-0605

Daniel Chin

Sales Representative Cell: 905-537-8202

6 5 B I G G A R AV E N U E , H A M I LT O N

FOR LEASE

• Industrial Freestanding Building with great overhead door access, located in Hamilton, Ontario (near QEW Highway) • $2500 monthly + utilities (each unit) • M5 Zoning – General Industrial Use • 5,900 SF Total Area • 3 units in total (with office room) • 2 remaining units (single user/divided) • Clear span with 24’ high ceilings and floor drains in warehouse • Exterior signage, signs allowed • 3 grade level loading doors (12’ x 16’) • 3-Phase power, 575 Volts, 200 Amps • 20 parking spaces • Easy access to QEW 0718_DJW_0024

11320849_0718

C A L L

D A N I E L

F O R

D E T A I L S

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

905-777-0252 ext 304 E-mail:

info@desantis.com

www.desantis.com 6G

COM

8148088_0718

Tony DeSantis

SOLD

$4,995,000

• 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

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

SOLD

• 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

$25 - $40/SF

• 15 minute walk to future Light Rail Transit route • MLS • Call Duncan McLean

$21/SF

#4 - 885 GLASGOW ST, KITCHENER 3917_DJW_0013

• 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:

1214-1218 KING ST E, CAMBRIDGE

$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 #3 - 35 CHERRY BLOSSOM RD, CAMBRIDGE

$249,900

• 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

281 GODERICH ST, PORT ELGIN

FROM $15/SF

1917_DJW_0071

$25.00/SF

3517_DJW_0030

222 KING ST. SOUTH , WATERLOO

• 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

3917_DJW_0012

0718_DJW_0052

4717_DJW_0043

255 NORTHFIELD DR, WATERLOO

• 1,000 - 9,505sf inline and pad sites, to be constructed • MXC zoning permits many uses • Complex will include 250 residential units

$1,095,000

4717_DJW_0028

$2,800,000

4717_DJW_0042

1917_DJW_0031

34 BRIDGEPORT RD E, WATERLOO

193 WATER ST S, CAMBRIDGE 2317_DJW_0044

3117_DJW_0014

2317_DJW_0043

• 3,900 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 • MLS • Call Ryan Briggs

• Services available at property line through Parkside subdivision • Exclusive • Call Neil Koebel

SOLD

153 UNION ST E, WATERLOO

$1,200,000

• 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 • Exclusive • Call Duncan McLean

• High visibility Port Elgin Square • 4,200-8,500 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_0718

• 2.41 acre multi-residential development site • Zoned R.4B permits up to 10 storeys, 150 units per hectare

159 ERB ST W, WATERLOO 1917_DJW_1_0029

$5,900,000

0718_DJW_0023

0318_DJW_0020

WATSON PARKWAY N, GUELPH

519.590.7997

Duncan@cmarealty.ca 7G

COM

AVAILABLE

INVESTMENT OPPORTUNITIES

SOUTHWESTERN ONTARIO INVESTMENT TEAM

INVESTMENT OPPORTUNITY Kitchener, Ontario

RESIDENTIAL DEVELOPMENT LAND

Aylmer, Ontario

+ + + +

Draft plan for 24 Condo Lots (18 lots serviced) ±1.64 Acres, medium density residential Asking $549,000 $22,875 per lot (based on 24 lots)

Kevin MacDougall** 519 286 2013 kevin.macdougall@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

COM

34,819 sq.ft GFA, 83% occupied ±3.86 acres Anchored by Foodland and PharmaPlus Average tenant tenure of 20 years

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

ATTRACTIVE OFFICE BUILDING Cambridge, Ontario + + + +

+ + + +

GROCERY & PHARMACY ANCHORED PLAZA Waterford, 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

50 UNIT MULTI-RESIDENTIAL OFFERING Kitchener, Ontario + Superior downtown location/near LRT + 48 Weber street has been transformed into a modern boutique apartment building + 61 & 65 Roy offer rare live/work space

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

16,268 sq. ft. in two buildings on 1.138 acres Always leased with excellent street visibility Net Operating Income $140,499.25 per year Asking $2,240,000

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

11314136_0718

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 + + + +

7,417 sq. ft. on 0.494 acres Zoned B2 Clean Phase I Environmental available 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

Will Hunter** BBA 519 340 2307 will.hunter@cbre.com

www.cbre.ca * Sales Representative ** Broker

11320808_0718

COM

COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_0718

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 02

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

INDEX Kitchener, Waterloo & Guelph

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Commercial Real Estate & Business Opportunities

Volume 18 Issue 02

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Special Features 6 IN THE NEWS — Healthy outlook predicted for Canadian real estate investments in 2018 14 LEGALLY SPEAKING — Why a business needs a minute book 32 BUSINESS SAVVY — What does an entrepreneur look like? 36 BUSINESS NEWS — Avison Young names new CFO 40 BUSINESS NEWS — ReDev Properties moves into commercial construction 44 BUSINESS SAVVY — Protect your business from fraud GLOSSY SECTION EDITORIAL 12G INVESTMENT — SMEs plan to boost investment in 2018: BDC report 14G LEASING MARKET — GTA office leasing market tight in 2017 16G Q&A — Janine Grossmann discusses designing office space that outlasts trends

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Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

Volume 18 Issue 02

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_0718

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 DRIVE, 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

449,900

D L SO

• $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

D L O S

• 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

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

5 - 12 BRIDGEPORT ROAD E , WATERLOO

210,000

• Modern, Uptown condo in desirable • City approved, Rental Licensed Bridgeport Lofts Development! Property with Class Z-2 rental • Work very well for entry level license! investor looking for foothold in one • Unbeatable location - steps to all of of Canada’s perennially best real Uptown’s amenities - including LRT estate markets! stations - with an easy walk to both • Currently rented at $1199 per Universities. month until August, 2018! • MLS 1917_DJW_0018

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investment

Healthy outlook predicted for Canadian real estate investments in 2018

n its 2018 Canadian Economic Outlook and Market Fundamentals Research Report released earlier this month, Morguard Corp.’s report predicts another year of robust commercial real estate investment activity for Canada.

“Investors remain enthusiastic about the Canadian commercial real estate market after a record volume of transactions in 2017,” says Keith Reading, director of research at Morguard. “There is a high supply of capital ready to be invested and Canadian commercial real estate is a proven performer. We are predicting another very busy and competitive market environment across the country in the coming year.” Downtown Vancouver and Toronto are expected to remain the most coveted markets for investment in 2018. With a limited supply of properties available, investors will be forced to look for opportunities further afield. Suburban Toronto, Ottawa and Montreal are also expected to see strong activity levels in 2018 while Alberta, which had previously depressed country-wide statistics, is also showing signs of reanimation. “Intense bidding for a limited pool of downtown properties

will force investors to look elsewhere for opportunity,” says Reading.“Class A properties in suburban markets, particularly those near transit nodes, will be in high demand. Edmonton and Calgary will also see increased activity as investors look for high-quality assets in a recovering market and economy.” In the retail market, the Sears liquidation announcement will put a damper on near-term fundamentals in the country’s shopping centres. The departure will be partially offset by a steady stream of new international entrants to Canada. Reading says the retail market will continue to offer stable long-term opportunity for Canadian investors as malls are being re-envisioned as investors and landlords turn to nontraditional tenants including medical, services, entertainment and government agencies as part of their transformation into community hubs. “Long term, market-dominant retail centres should be able to alleviate immediate pressure on vacancy by providing prime space to new, high-growth traditional retailers and service retailers,” says Reading.“The fact remains that Canada is a country of shoppers, and recent positive economic and employment trends should drive healthy spending growth for the foreseeable future.” With the pace of interest rate hikes expected to remain slow, a continued and abundant flow of low-cost debt and equity capital will power Canadian commercial real estate investment in 2018.

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Commercial Real Estate & Business Opportunities BROOK BUILDING CONSULTANTS

PROTECTING YOUR INVESTMENT

LEA D i n BU ILD IN G S - ( P l u m b i n g & Pa i n t ) LEAD - This article is intended only to make the reader aware of issues related to lead in buildings. Sources of Lead in Potable Water Supply A. Lead Pipes - have been used prior to the 1950’s - Lead underground service piping was in common use potable water piping serving the building. - Lead supply lines within buildings B. Lead Solder - was used in copper solder joints up until the lated 1980’s What can you do? 1. Main water supply lines. Check with the local municipal authority for guidelines and possible financial assistance. 2. Lead Solder joints - If replacing the plumbing is not an option at least run the water at the taps for several minutes before using it. C. Paint - Prior to 1978 lead based paints were used. What can you do? 1. Repair - paint with a new layer of latex paint. 2. Encapsulate - cover with new material , e.g. vinyl, drywall, wallboard 3. Replace - e.g. old windows having old painted frames 4. Removal - professional stripping of old painted surfaces. Check with the authority having jurisdiction. How much lead is dangerous? A simple comparison is that lead

dust equivalent to one sugar package spread over a 100 room building would be two times higher than the American federal hazard level.. “Blood lead levels in children during the 1960s or 1970s were typically several times higher than blood lead levels seen today. Now, measured blood lead levels of Canadians are typically 30-50 per cent of blood lead guidelines of approximately 10 µg/dL or 0.48 References; 1. CMHC, Tech Series 04-125 µmol/L. It takes an unusual circumstance—high local water leads, a 2. Lead Resources Guide for Owners of Older and child prone to pica (eating dirt or paint), lead exposure at work, or a Historic Buildings dusty renovation of an older home and its inherent dust—to put 3. inspectapedia.com 4. CMHC - Lead in Your Home, NHA 6942 individuals at risk.” 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_0718

Kitchener/Waterloo Guelph & Cambridge

Volume 18 Issue 02

Commercial Real Estate & Business Opportunities

Volume 18 Issue 02

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 cost oﬃce space. Utilities extra. Gary Boudreau* COLDWELL BANKER COMMERCIAL 1,135 SF · $4,000/Month Net · MLS:30615776 FROERTASIAL L/ EO/FLFEIAC SE E Waterloo New retail unit in Uptown· Kitchener with High · MLS:30535669 1,824 SF · · $16.95/SF PETER BENNINGER REALTY,Exposure. BROKERAGE On-site Drive-up parking. Lester Tobin*

FOR SALE/LEASE

New Building, High Visibility, Free on-site parking. 2 , 0 0 0 SF · $12.00/SF MLS: 30582783 Boudreau* · St Jacobs 508 RIVERBEND DRIVE, KITCHENER, ON. John· Hoffman*/Gary 1,740 SF · $32.00/SF · MLS: 30554732 · Waterloo 2nd Floor Office Space overlooking King Street. Rear Former restaurant/bar located in University District. PHONE: 519-743-5211 parkingSF at· grade, street parking available. Window 1,197 $14.00/SF · MLS: 30558849 · Waterloo RETAIL CONDO SALE · 5 2 3 SF · $269,000 MLS: On-site parking. FOR Corner Unit. Lester Tobin* signage permitted. Boudreau Located in corner building at King St Gary fronting on Erb* 30615884 · Waterloo· New retail unit ready for occuSt. Ample parking nearby. Lester Tobin* pancy. SF Located in the heart of 30543869 the University District. 909 SF · $800/mo. · MLS:30560474 · Kitchener · MLS: · Waterloo 3,100 · $10.00/SF R Epatio TA IHigh L / OandF Fone I C& parking Etraffic. Ample 5 2 3 SF · $2,500/Mth · MLS: 30615780 · Waterloo Medical office space Price includes area exposure space. Low cost office space. Utilities extra. Gary Boudreau* 388SF · $895/Month · MLS: 30557365 · Waterloo New retail unit ready for occupancy. Located in the onsite freeFparking, large windows, close to Tobin* public Lester O R S A L E / L E A S E Utilities Included. Finished private office. 2nd floor. heart of the University District. Patio area. rent transit, Universities & Conestoga College Lester Tobin* 1,824 SF · $16.95/SF · MLS:30535669 · Gross Kitchener Large window provides lots of natural light. SeptTobin* 1/17 +Utilities Lester New Building, High Visibility, Free on-site parking. RETAIL CONDO WITH BUSINESS FOR SALE possession. Colin Vogel* · $4,100,000 · Waterloo 22,383 SF ·· 2.69 John Hoffman*/Gary Boudreau* WATERLOO 9 0 0 Ac. SF· ·MLS: $949,999 · MLS: 30615152 1,740 SF · $32.00/SF 30554732 · Waterloo 460-865 SF · $29/SF Net · MLS:30615776· Waterloo Purpose built office building, conveniently located at $26.00/SF · MLS: 30502665 · Kitchener 1,488 SF · Property and Restaurant Business including all Former restaurant/bar located in University District. New retail units. Sept 1/18 Occupancy. Located inand the 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 Hallman unit and parking space. Any On-site parking. Corner Unit. Lester Tobin* heart of the University District. Parking available. Located in corner building at King St fronting on Erb professional office user, but presents an ideal Seabrook Dr. High exposure high traffic. Ample on restaurant type permitted. Lester Tobin* Lester Tobin* Tobin* opportunity for medical conversion or complete St. Ample parking nearby. Lester 3,100 SF · $10.00/SF · MLS: 30543869 · Waterloo site drive-up parking. redevelopment for increased TURN-KEYofficeCONVENIENCE STORE & traffic. FOR density. LEASE Medical space High exposure Ample 3,058SF ·SF · $18.00/SF ·· MLS: MLS: 30557365 30584437 · · Kitchener Waterloo 388SF Waterloo 890 · $895/Month $1,890/Mth. 30557318 Benninger**/Chris Kolednik** WATERLOO 1 ,Peter 2 8 6 large SF · $27.00/SF MLS: 30615287 onsite free ·parking, windows, · close to public Beautifully finishedspace office.behind Centrally located to K-W and Utilities Included. Finished private office. 2nd floor. Great Basement grand river hospital transit, Universities & Conestoga College Brand new fully turn-key convenience storeLester in theTobin* heart Guelph. Largeavailable. wrap around MixKolednik** of private 30,359 SF • 1,363 SF Mezz. • $3,450,000 • Waterloo More Large window provides lots naturalChris light. Sept 1/17 units Call ofwindows. today! of the University District. Rental rate includes all offices/meeting rooms and open space. Colin ColinVogel* Vogel* 2.71 Ac.(+/-) Professionally nished office space. possession. Ac. · $4,100,000 · Waterloo 22,383 SF Stock · 2.69 equipment. extra. Lester Tobin* Unique design with sky-lighted hallway & many sky- 390 SF · $850/Mth. · MLS: 30555731 · Kitchener Purpose built office building, conveniently located at 1,488 SF · $26.00/SF · MLS: 30502665 · Kitchener behind · grand hospital. Unit is lights throughout. Features an execu ve boardroom Located 1,957 SFdirectly · $15.25/SF MLS: river 30551894 · Waterloo for New a1,114 high SFpro· $12.00/SF le intersec· on. retail on corner of Fischer Hallman and MLS:Currently 30616311·nished Kitchener for plaza medical practitioner looking for short w/adjoining kitchene e for catering, many smaller perfect Great Opportunity to get in at the ground level! Many professional office user, but presents an ideal Seabrook Dr. High exposure - high traffic. Ample on occupancy. Call divisible. for Chris moreKolednik** info! boardrooms/kitchene es, change room & shower term permitted uses allowed unit opportunity for medicalwashroom conversion or complete Tobin* area ,staff and Benninger**/ rear entrance. site drive-up parking. ChrisLester Kolednik** facili es. area w/private Colin Vogel*/Peter redevelopment for increased density. On-site free parking, wheelchair accessibility + pharmacy Chris Kolednik** 975 SF SF · · $1,890/Mth. $17.25/SF · MLS: 30557318 30631088 · · Kitchener Waterloo 890 Petersupport Benninger**/Chris Kolednik** SF · $18.50/SF ·· MLS:30558620 · Waterloo on-site. Strong tenant & close proximity to both 1,071 Great Basement opportunityspace to behind join a grand growing university Great river hospital Main floor opportunity in well known, award winning Tobin* · MLS: 30551894Lester ·• Waterloo Waterloo 1,957 SFSF· • $22.00/SF area units community and start Chris your business! 30,359 1,363 SF Mezz. • $3,450,000 More Call today! building. Highavailable. traffic intersection. Seconds Kolednik** away from Great Opportunity to get in at the ground level! Chris Kolednik** 2.71 Professionally nished office space. Hwy 85. Vogel* 3,000 Ac.(+/-) SF · $799,000· MLS: 30611121 · Cambridge Many permitted usessky-lighted allowed - unit divisible. Callskyfor 390 SF · $850/Mth. · MLS: 30555731 Colin · Kitchener Unique design with hallway & many more information! Kolednik** Located directly behind grand river hospital. Unit is 13,600 SF · $12.95/SF · MLS:30611548 · Kitchener ve boardroom lights throughout. Features an execuChris · MLS:30538511 · Kitchener Located Just South of Hwy #401 . Lester Tobin* 1,184 SFfor· $12.00/SF medical practitioner looking for street short Office space with large windows. exposure w/adjoining kitchene e for catering, many smaller perfect Turn-key doctors office. 5 examHigh rooms, recep on, 3,436 SF · $26.00/SF ·es,MLS: 30554611 Call & moreCentrally info! change room· &Waterloo shower term boardrooms/kitchene frontage. occupancy. High Exposure inforstorage. hi-tech corridor. e, 2 washrooms kitchene 950 SF bar/night · $14.00/SF ·inMLS: 30605818 · Waterloo Chris Kolednik** Former club University District. On-site facili es. Colin Vogel*/Peter Benninger**/ located in high density residen al Steve Gerakopulos* area. Traffic counts Professionalparking. 2nd floorHigh office.exposure, Centrally located to K-W drive-up traffic. Chrishigh Kolednik** over 41,000 cars. Strong tenant support, Shoppers and Guelph, seconds from Hwy 85. Colin Tobin* Vogel* 1,071 SF · $18.50/SF · MLS:30558620 · Waterloo Lester 5,652 Mart, SF · Dollarama, $14.50/SF Sco · MLS:30562379 Kitchener abank, Swiss ·Chalet and Drug floor opportunity in well known, award winning 1,957 SF · $22.00/SF · MLS: 30551894 · Waterloo Main Class Amore. Office Space. New Building. High Lester Visibility, Free many Tobin* building. High traffic intersection. Seconds away from 1,102 SF · $22/SF · MLS: 30603112 · Waterloo · High 752 - 26,000 SF · From MLS: on-site parking. GreatSFOpportunity to get in at $18.00/SF the ground· level! John Hoffman*/Gary Boudreau* 85. Colin Vogel* 30529258/30529248/30529120 · Breslau Many permitted uses allowed - unit divisible. ·CallNew for Hwy 1,900 SF • $19.25/SF • MLS# 30543088 Walmart, Shoppers, Beer Store Tim Horton’s and many Retail Development in a growing, underserviced area. Waterloo more information! Chris Kolednik** • Prime retail/Salon space in busy 1,500 SF SF ·· $12.00/SF $7.00/SF ·· MLS: 30618796 a·· very Kitchener 1,184 MLS:30538511 Kitchener more. Onofsite drive up parking. Tobin* ed. Pad site withLester drive-thru is neighbourhood Variety Uses permi Zoning allows many uses, the Lower leveldoctors officeplaza. space. Ample Parking. Gary recep Boudreau* Turn-key office. 5 exam rooms, on, available. James Gary· Boudreau* unit is set up for a salon. Roman Ginzburg* 3,436 SF · $26.00/SF · Boudreau**/ MLS: 30554611 Waterloo kitchene e, 2 washrooms & storage. Centrally 5,800 SF · $725,000 · MLS: 30599428 · Ayr Former bar/night club in University District. On-site located 1,843 - in5,947 SF · $20.00/SF · MLS:30505595/5597 highSPACE density residen al counts· Located -at parking. the gateway Ayr. Ideal fortraffic. office, AAA OFFICE AVAILABLE ·area. MLSTraffic 30551734 1,843 5,947 SFHigh ·to Urban $20.00/SF ·highKitchener drive-up exposure, Kitchener · New retail plaza on Huron Rd. Shoppers with high over 41,000 cars. Strong tenant vet., or place of worship. Colin Vogel* WATERLOO · 114,033 SF ·support, $11.50/SF · MLS:30505595/5597· New retail plaza Lester on Huron Rd. traffic and exposure, ample on-site Tobin* drive-up parking. and Drug Mart, Dollarama, Sco abank, Swiss Chalet light with high traffic and exposure, ample on-site Beautifully finished, ample parking, natural Lester Tobin* many more. 830 SF $1,250/month MLS:30595092 · Waterloo Divisible from Lester 21,000Tobin* SF. drive-up Lester 752 SF · -parking. 26,000 SF · · From $18.00/SF · Tobin* MLS: throughout. Great office space w/own entrance in James Boudreau** 30529258/30529248/30529120 · Breslaulocated · New 1,900 • SF$19.25/SF • MLS# 752 SF - SF 26,000 · From $18.00/SF · MLS:30543088 30529258 Uptown StateFarm Insurance. Best $20.00/SF MLS: 30523827 · Kitchener 1,114 SF · anchored Retail Development inby·a growing, underserviced area. Waterloo •$1,050/mth Prime space in a· very busy Breslau Retailretail/Salon Development in a growing, under532 SF ·· New · MLS:30526564 Waterloo intended Last unit available in centrally ed. Padexposure site with drive-thru is Newly Variety of Uses permiw/high neighbourhood plaza. Zoning allows manyoor uses, the renovated, nished office on 2nd in well Formerly used as a physio space. Chris Kolednik** located retail plaza. Drive up unit on high traffic rd. in available. James Boudreau**/ Gary Boudreau* known, unit is setaward up forwinning a salon. Roman Ginzburg* drive-thru available. Jamesbuilding Boudreau**/Gary avail. for Boudreau* sublease. high density residen al area. Traffic counts over Large windows, plenty of natural light. High traffic 25,325 cars. · Strong $13.95/SF Waterloo 40,184 support. Shoppers Drug AAA OFFICE SPACE AVAILABLE · MLS 30551734 · 1,843 -SF 5,947 SFtenant · · MLS:30584853 $20.00/SF · · Kitchener 890 SF · on $1,750/Mth. · MLS: 30505708 · Kitchener sees almost 40,000 cars daily. 24/7 intersec Low CAM’s! RareScoFreestanding Building with many High abank, Swiss Chalet and Mart, Dollarama, WATERLOO · 114,033 SF grand · $11.50/SF MLS:30505595/5597· New retail plaza on Huron Rd. electronic reader board on University Ave. for· Great Basement space behind river Ideal hospital Exposure! Northfield /Expressway, by LRT.on-site Great Beautifully finished, ample parking, natural light more. Lester Tobin* with highFacing traffic and exposure, ample professional office or personal services. Colin Vogel* More units available. Chris Kolednik** John Hoffman* Divisible from 21,000 SF. drive-up parking. Lester Tobin* throughout. * Sales Representa ve James Boudreau** www.coldwellbankercommercial.ca 5,000 SF · $15.00 /SF · MLS:30611552 · Kitchener TURN-KEY RESTAURANT SPACE FOR LEASE · MLS: 30523827 · Kitchener 1,114 SF · $20.00/SF RetailSFSpace. 2 units 2,500 SF each. D 1 Zoning permits : Commercial@coldwellbankerpbr.com Broker 532 · $1,050/mth · MLS:30526564 · Waterloo 1Email , 8 0** 0unitSF · $6,000/Month · MLS: in30631361 Last available w/high Net exposure centrally· many office/retail uses. Downtown location with high Newly renovated, nished office on 2nd oor in well WATERLOO Located Waterloo. High located retail·plaza. Driveinup Uptown unit on high traffic rd. in street exposure in hi-tech corridor. Close to LRT. known, award winning building avail. for sublease. exposure, on-site drive-up al parking. area. Traffic Lester countsTobin* over high density residen Large windows, plenty of naturalSteve light.Gerakopulos* High traffic 40,184 cars. Strong tenant support. Shoppers Drug intersec on sees almost 40,000 cars daily. 24/7 abank, Swiss Chalet and many Mart, Dollarama, Sco www.coldwellbankercommercial.caelectronic reader board on University Ave. Ideal for more. Lester Tobin* professional office or personal services. Colin Vogel*

Email : Commercial@coldwellbankerpbr.com ** Broker

1,184 SF · $16.00/SF · MLS:30538507 · Kitchener Drive up retail unit with signage on Highland Rd. 1,071 SF located · $18.50/SF · MLS:30558620 Centrally on high traffic road ·inWaterloo a high Main floor opportunity in well known, awardsupport. winning density residential area. Strong tenant building. High traffic intersection. Seconds away from Lester Tobin* Hwy 85. Colin Vogel* 800 SF · $21.00/SF · MLS:30543919 · Waterloo 1,413 floor SF · $2,200/Month · MLS:traffic 30516996 · Kitchener Main opportunity. High intersection of Great location Medical use. Gary Boudreau* University & forBridge. Seconds from Hwy 85. Colin Vogel* 1,184 SF · $16.00/SF · MLS:30538507 · Kitchener 920 SF · $1,999/Month · MLS: 30557358 · Waterloo Drive up retail unit with signage on Highland Rd. Utilities renovated, finished CentrallyIncluded. located Newly on high traffic road in aoffice. high 2nd floor,residential 4 large windows abundance of density area. provide Strong an tenant support. natural light. Portion of unit is vacant Lester and ready for Tobin* occupancy. Colin Vogel* 800 SF · $21.00/SF · MLS:30543919 · Waterloo Main floor opportunity. High traffic intersection of 1,114 $12.00/SF · · MLS:30524639 950 SFSF· · $1,770/Mth MLS 30635540 · · Kitchener Kitchener University Bridge.prac Seconds from Hwy 85.a take over Looking 1-2&available general Retail space on busyoners cornertojust steps away Colin Vogel* doctor. Includes 4 fully medical of Downtown a re red Kitchener. from theoffice heart of Onsite Parking! on area, equipped exam rooms, built in recep Chris·Kolednik** 920 SF · $1,999/Month · MLS: 30557358 Waterloo wai ng room & washrooms. Located in busy retail Utilities Included. Newly renovated, finished office. plaza with a Shoppers· Drug Mart.Net ·MLS: Lester Tobin* Up To 22,000 $6.95/SF 30616301 2nd floor, 4 largeSF windows provide an abundance of Kitchener · Centrally located lower level commercial natural light. Portion of unit is vacant and ready for 5,652 SF · $12.50/SF · MLS:30562379 · Kitchener space with ample on-site parking. Near Fischer-Hallman occupancy. Colin Vogel* New Building, #85.High Visibility, Free and Expressway Lesteron-site Tobin* parking.. John Hoffman*/ Gary Boudreau* 1,114 SF · $12.00/SF · MLS:30524639 · Kitchener 3,500 SF1-2 · general $6.95/SFprac · MLSoners 30596427 · Waterloo to FOR take over Looking PROFESSIONAL OFFICE SPACE LEASEa Located in North minutes from Universities. doctor. Includes 4 fully medical of Waterloo, a re •red 1,800 SFoffice • $15.00/SF MLS# 30564411 •Waterloo Existing 200exam SF ofon office, floor drains, recep drive inonon shipping area, equipped rooms, built Good Exposure Erb St. Unitin features site doors. Steve ng room & washrooms. inGerakopulos* busy retail wai parking, 4 private offices andLocated large open work or plaza with space. a Shoppers Drug Mart. Roman Lester Tobin* classroom Ginzburg* 50,000 SF · 3.87 Acres · $2,999,000 · MLS 30588249 Brantford Outdoor Storage Permitted. Income in place 5,652 SF · ·· $12.50/SF ·· MLS:30562379 ·· Kitchener 1,413 SF $12.00/SF MLS: 30516996 for a location user/investorlisting agent for on-site income New Building, Highcall use. Visibility, Free Great for Medical Gary Boudreau* details. parking.. John Hoffman*/Steve GaryGerakopulos* Boudreau* 839 SF · $12.00/SF · MLS:KW1537515· Kitchener PROFESSIONAL OFFICE SPACE FOR use. LEASE TRANSPORTATION SALE Finished office, great forTERMINAL medical & service low 1,800 MLS# 18,000SFSF•· $15.00/SF 2.25 Acon· •$3,050,000 ·route, MLS: •Waterloo 30577766 common fees, transit30564411 exis ng· Good on Erb St.Terminal. Unit on site GuelphExposure · include Freestanding Truck Fully Fenced w/ tenants Short Stop, KW features Gaming, Curves, parking, 4gates. private offices andthelarge open workwith or abank & more. Gary Boudreau* Sco electronic Minutes from 401. Being Sold classroom space. Roman Ginzburg* MLS: 30573316. Steve Gerakopulos*

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

1,413 $12.00/SFNet· 30516996 · ·Kitchener 5,000 SFU·· S $4.00/SF MLS: 30617315 Kitchener I N DSF TforRMedical I A L· /MLS: WA R EGary HO USE Great use. Boudreau* Lowerlocation Level Warehouse Space. Centrally located,

O R LWashrooms, E A S E / Slunchroom, A L E offices conveyor Fon-site. 839 SF · $12.00/SF · MLS:KW1537515· Kitchener available if needed. Secured with alarm and surveillance Finished office, great for medical & service use. low system. Lester Tobin* common fees, on transit route, exis ng 16,217 SF · $875,000 · MLS: 30552428 tenants include Short Stop, KW Gaming, Curves, 9,360 Hamburg SF · $6.50/SF · MLS: 30501592 · Kitchener New · Well located just off hwy 7, Gary Boudreau* Sco abank & more. 7,699 sfbuilt 16 dock shipping area. sf officeofw/drivers well building on 1,661 2 acres land. area, new doors, space! JohnHoffman* Hoffman* Ceilings from 13’bright - 18’ clear. John I N D USFS T RonI A6.82 L / WA R E H O$1,499,000 USE 30,000 LIGHT INDUSTRIAL WITH Acres RETAIL· EXPOSURE MLS: 30617139 · 607 Little Pike Bay Rd. Lions Head, 15,520 SFF ·O$5.50/SF · London ·AMLS: 30544783 R L E A S E / S L E ON. ∙ Previous manufacturing. Highpermits Power Corner property use withwas high traffic. Zoning Available. High Ceilings. Google Address Lester for Marketing many uses. Ample on-site parking. Tobin* Video. Eric Frey* 16,217 SF · $875,000 · MLS: 30552428 7,909 Hamburg SF · $5.25/SF ·located MLS: 30555069 · Ayr New just off hwy 7, 11,000 SF + 1,850· SFWell Bungalow House · $899,000 117 Secondsbuilt to hwy #401. Good cleanacres industrial well of space. land. East Rd. Lions building Head, ON. on MLS: 230574746 · Many uses Boudreau**/Gary Ceilings from 13’James - 18’ clear. JohnBoudreau* Hoffman* permitted. Possible Medical Grow Op. Youtube: Property Address for Marketing Video.Representative Eric Frey* * Sales LIGHT INDUSTRIAL WITH RETAIL EXPOSURE 15,520 $5.50/SF· MLS · London · ** MLS: 4,000 SFSF · · $6.50/SF 30590407 · 30544783 Cambridge Broker Corner property withtohighas traffic. permits (3 units) Divisible small Zoning as 1,200 SF. many uses. Ample on-site parking. Manufacturing. Lester Tobin* Warehousing/Service Bays/Light Steve Gerakopulos* 7,909 SF · $5.25/SF · MLS: 30555069 · Ayr Seconds to hwy* #401. Good clean industrial space. Sales Representative James Boudreau**/Gary Boudreau*

* Sales Representa ve www.coldwellbankercommercial.ca Email : Commercial@coldwellbankerpbr.com ** Broker 8331512_0718

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Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

Volume 18 Issue 02

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

LAND FOR SALE

Ceiling height 13’ clear . (2) 8’ x 8’ loading dock doors COLDWELL BANKER COMMERCIAL conveyor, elevator, alarm system, surveillance 66.58 Acres · $2,250,000 · EXCLUSIVE · Cambridge Under consideration to change OP designation to system, sprinklers, washrooms. Lester Tobin* 7.4 PETER BENNINGER REALTY, BROKERAGE Acres · EXCLUSIVE Peter · Benninger** Waterloo industrial. Large scale redevelopment opportunity with 508 RIVERBEND DRIVE, KITCHENER, ON. 9,360 SF · $6.50/SF · MLS:BUSINESS 30501592 &· Kitchener annual over $800 k. Close to both DOWNTOWN KITCHENER BUILDING current 6.60 Ac. (+/-)income Commercial/Retail · Exclusive 7,699 sf ·16 dock shipping area.· 4,570 1,661SF ·sf3 Storey office Universities. Bill Halpenny* FOR SALE $1,250,000 · EXCLUSIVE PHONE: 519-743-5211 Tremendous Opportunity on major arterial road in an w/drivers bright space! Comm./Res. area, Building new · Well doors, established convenience established urban environment. Considerable exposure JohnUnits Hoffman* store on the Main Floor w/Residential above. 66.58 Ac.· $2,200,000· EXCLUSIVE · Cambridge Under change OP to 10-20,000 SF · $4.41/SF · Kitchener · MLS: 30512810 Located in the Heart of Downtown Kitchener, immedi- 7/8. consideration Peter Benninger** L A N D toF O R S Peter A Ldesignation EBenninger** 30,400 SF · 3.09 Ac. $3,400,000 | $10.00/SF Ceiling height 13’ clear . ·(2)Centre 8’ x 8’Redevelopment loading dock doors ately adjacent to the City pro- industrial. MLS: 30525493/30525439 · Cambridge New finish conveyor, alarm system, ject and just elevator, steps from Kitchener’s City Hall,·surveillance minutes to 1 Acre · $1,065,000 · MLS: 30618925 · Kitchener EVELOPMENT LAND FOR SALE to food grade, insulated panels, someLester equipment, system, sprinklers, washrooms. Tobin* D the transit hub, trendy downtown shopping, restaurants 7.4 · for EXCLUSIVE · Waterloo 1 AcreAcres available commercial re-development in 3 . 5 8 A c . · $875,000 · MLS : 30506497/30506504 spiral expand. & cafés. freezer,4 docks Room Peterto Benninger ** Large scale redevelopment opportunity with expanding area of K-W boundary. Please call for more Conestogo · Backs onto forested area. Excellent John· Hoffman* 9,360 SF · $6.50/SF · MLS: 30501592 Kitchener current annual over $800 k.Chris Close to both details, many usesincome permitted. Kolednik ** redevelopment opportunity. James Boudreau** MIXEDsfUSE FOR SALE MLS: Universities. 7,699 16 BUILDING dock shipping area.· $3,488,000 1,661 sf office Bill Halpenny* 30631066 · DOWNTOWN KITCHENER · 21,000 SF w/drivers area, new doors, bright space! Ac. (+/-) Commercial/Retail · 2.94 Ac. Unique I N opportunity V E S T MtoEpurchase N T F freestanding, O RJohnSHoffman* A Lhistoric E 6.60 66.58 Ac.· $2,200,000· EXCLUSIVE · Cambridge $1,000,000 Per Acre · Exclusive office/ retail building. Strategic high traffic location in (+/-)Residential· Under consideration to change OP designation to Tremendous Opportunity on major arterial road. Kitchener’s corridor. Steve |Gerakopulos* 30,400 SFhigh-tech · 3.09 Ac. · $3,400,000 $10.00/SF industrial. Peter Benninger** Considerable exposure along Ottawa St. Concepts MLS: 30525493/30525439 · New finish DOWNTOWN KITCHENER RESTAURANT FOR SALE STUDENT RENTAL/ · Cambridge RE-DEVELOPMENT for res portion incl. 140 stacked 975food SF · $385,000 · MLS: 30631080 · Waterloo D E V E L O P M E N T L A N D town F O RhomesS AorL Ea to insulated panels, some · equipment, $685,000grade, · Waterloo · MLS: 0.15 Acres 134 1,285 SF · 54retirement Seats · $49,000.00 · MLS:30632688 Full unit homes or a 134 · unit Fantastic freezer,4 Opportunity for 30564031 the savvy business 3 . 5 8 A c . · $875,000 · MLS : 30506497/30506504 spiral docks Room to expand. 4 bedroom building student rental location. service Indianfacility. Restaurant with liquor Peter license. Restaurant retirement Benninger** investor. HANDS OFF · Prime Investment Opportunity. Great Conestogo · Backs onto forested area. Excellent John Hoffman*4 use can be changed. Full basement. One parking space. Ideal tostudent Currently space run yourre-development business from. site. Chris Kolednik** redevelopment opportunity. Boudreau** bedroom (student) rental property. HIGH DENSITY MIXED USE James DEVELOPMENT Lester Tobin* Lester Tobin* 3.25 Ac · $4,250,000 · EXCLUSIVE · Kitchener STUDENT RENTAL/RE-DEVELOPMENT PROPERTY 6.60 Ac. (+/-) Commercial/Retail · 2.94 Ac. I N V· EWaterloo S T M· EMLS: N T30564031 F O R· 0.15 S AAc.L4Ebed- Frontage 4,393 SF on · $199,000 MLS:30572716 · Kitchener 2 major · streets at the gateway to $685,000 (+/-)Residential· $1,000,000 Per Acre · Exclusive MLS: 30552610 · $ 4 , 2 5 0 , 0 0 0 · Listowel Excellentin high access to Hwy 401 Established Kitchener. franchise available traffic location room building · Prime student rental location. Ideal downtown Tremendous Opportunity on major arterial road. Located re-development in South Western this4 European Directlysupport. on proposed light Full rail training transit withHwy great8 tenant 160 seats. student site.Ontario, Currently bedroom via Considerable exposure along Ottawa St. Concepts owned motel for the last 30+RE-DEVELOPMENT yearsLester offersTobin* four route. Peter Benninger**/Colin Vogel* available. Lester Tobin * (student) rental property. STUDENT RENTAL/ for res portion incl. 140 stacked town homes or a seasons of· Waterloo business ·with year $685,000 MLS:consistent 30564031 income · 0.15 Acres 134 unit retirement homes or a 134 unit Acres · FOR EXCLUSIVE Waterloo round. Call for student more details! BUSINESS 217 & PROPERTY SALE · · WATERLOO RETAIL ORbuilding REDEVELOPMENT SITE FOR SALE Approx. 4 bedroom · Prime rental location. retirement facility. Peter Benninger** Farmed. Call for info pkg! ChrisCurrently Kolednik** 1 , 2 8 6 · Currently SF · Being $899,000 · MLS: 30615282 1,586 student SF/0.12 Acres · MLS: 30616343 · $899,0004 Region Ideal re-development site. Peter Benninger**/Colin Vogel* Business including all PropertyDENSITY and Convenience Kitchener · Unique High Profilerental Location. Corner Lot HIGH bedroom (student) property. MIXEDStore USE DEVELOPMENT COMMERCIAL equipment. on the heart of the University beside farmers INVESTMENT/RE-DEVELOPMENT market. Great redevelopment site, 3.25 Lester Tobin* Ac · Located $4,250,000 · EXCLUSIVE · Kitchener Land: Ac. Buildings: 4,685 SF · Kitchener · MLS: District. Use can be changed. Tobin* parking.1452 lot, etc. Lester Tobin* Frontage on 2 major streets at the Lester 30555816 · $1,999,900 being B U S I N E S S F O R S Agateway L E to MLS: 30552610 · $· Bundle 4 , 2 5 0of , 030 properties 0 · Listowel downtown Kitchener. Excellent access to Hwy 401 sold as one in the Downtown Core. Current Net PHARMACY INVESTMENT/OWNER - USEROntario, PROPERTY SALE WITH on proposed PROPERTY lightFOR SALE Located in South Western this FOR European via Hwy 8 Directly rail transit Lester Tobin* Income: $72,391.00 Call for details! 4,982 · $1,562,500 · Waterloo EXCLUSIVE · Three WATERLOO · 1 , 9 5 0 Peter SF · $1,899,000 · MLS: 30615167 ownedSFmotel for the last 30+· years offers four route. Benninger**/Colin Vogel* retail unitsof& business one 2 bedroom apartment w/loft. New commercial unit and· pharmacy business Waterloo located in SF · $89,000 MLS:30551440· seasons with consistent incomeCorner year 2,200 property ample R E T A I L on new O R LRT Rline. Efor D E Parking V E L Omore Pon-site M E N Tanddetails! S I T E Established the heart 217 ofsince theAcres University District. Price includes Approx. · EXCLUSIVE · core Waterloo 1985, located in uptown steps8 round. Call parking nearby. Acres · MLS:30547706 Tobin* away 1,586 SF/0.12 ·Kolednik** $899,000 owned from parking spaces. 1 GPFarmed. operating a station. walk clinic on Being forininfo pkg! Region · Currently parking and new LRTCall Liquor ChrisLester Kitchener · Unique High Profile Location. Corner Lot license. the premises. Lester Vogel* Tobin* Peter Benninger**/Colin Lester Tobin* beside farmers INVESTMENT/RE-DEVELOPMENT market. Great redevelopment site, COMMERCIAL TURN SF KEY SPA · FOR SALE CAMBRIDGE . Lester Tobin* parking lot,Ac.etc Land: .1452 Buildings: 4,685 SF · Kitchener · MLS: 4,437 MLS: 30516625 · Waterloo · $450,000 3 , 0 0 0BSFU· S $799,000 30555816 · $1,999,900 · Bundle of 3 properties being Established I N1996, E S· SMLS: F O30611121 R S A·throughout LBeautifully E since many locations finished from basement to attic fully equipped High sold as DENSITY one in the Downtown Current Net Ontario. Family style restaurant with liquorspa. INVESTMENT / MIXED OWNER-USER PROPERTY license HIGH USECore.DEVELOPMENT trafficseating location.for On-site Lester Tobin* Tobin* Lester Tobin* and Income: for details! 4,982 · $1,562,500 · Waterloo · EXCLUSIVE 160 +Parking. 50 on patio. Lester 3.25 Ac SF · $72,391.00 $4,250,000 ·Call EXCLUSIVE · Kitchener · Frontage

INVESTMENT FOR SALE

BUSINESS FOR SALE

4,393 SF · $359,000 · MLS:30546489 · Kitchener Established franchise available in high traﬃc 4,437 SF with · $399,000 · MLS:support. 30576706 Waterloo location great tenant 160 · seats. Full Established since throughout training available. 1996, many locationsLester Tobin* Ontario. Family style restaurant with liquor license and seating for + 50 on patio. Lester Tobin* · MLS:30539427· Waterloo 3,500 SF 160 · $199,000

Prime location in Waterloo’s University District. 4,393 license SF · $199,000 · MLS:30572716 · Kitchener Liquor for 15 people. High Income/High Sales Established and low rent.franchise available in high traffic Lesterlocation Tobin* with great tenant support. 160 seats. Full training 4,393 SF · $359,000 · MLS:30546489 Lester · Kitchener available. Tobin* EXCLUSIVE CAR WASH BUSINESS FOR SALEin · high Established franchise available traffic Brantford · Full service, fully automated car wash in location great tenant support. 160· seats. Full 1,280 traffic SFwith ·area. $89,000 · EXCLUSIVE Kitchener major Lester Tobin* training available. Lester Tobin* Well established business since the 1970’s. High

income-high sales. No· franchise. Owner· will train. Waterloo 1,549 $199,000 MLS:30514064 · MLS:30539427· Waterloo 3,500 SF SF · · $139,000 Lester Tobin* Take outlocation and delivery chicken wing franchise located Prime in Waterloo’s University District. in Waterloo’s District. Full training Liquor license forUniversity 15 people. High Income/High Sales provided. Lester and low rent. Lester Tobin* Tobin*

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

· MLS: Kitchener 1,280 SF · $89,000 CAR WASH BUSINESS FOR30554091 SALE · · EXCLUSIVE Well established business the 1970’s. High Brantford · Full service, fullysince automated car wash in MULTI FAMILY FORwill train. SALE income-high sales. NoINVESTMENT franchise. Owner major traﬃc area. Lester Tobin* $599,900 · Kitchener · MLS: 30634886 Lester · 2-2 Bedroom Tobin* Units. Across from Rockway Golf Course. Fully sub1,549 SF · $139,000 · MLS:30514064 · Waterloo metered units. Stainless appliances, in-suite laundry. Hot out Pot Restaurant Waterloo Take and delivery chickenFor wing Sale franchise located EricStylish Frey* $88,000 · 4,550 SF · MLS: 30558858 in Waterloo’s University District. Full ·training underground restaurant in Uptown. No franchise. provided. Lester Tobin* MULTI FAMILY SALE Located in hotel. INVESTMENT Great tenantFOR support. $2,350,000 · Grimsby · MLS: 30614518 · 7 unit Tobin* - 3 bed· Kitchener 1,280 SF · $89,000 · MLS: 30554091Lester room condominium status back to back townhouse Well established business since the 1970’s. High investment available. Separately metered hydro, water income-high sales. No franchise. Owner will train. and natural gas. Fully tenanted. Call for more details. For Commercial Real Estate Lester Tobin* Eric Frey*

LAND FOR SALE

Three retail streets units &at one 2 bedroom on 2 major the gateway to apartment downtown 2,200 SF · $89,000 · MLS:30551440· Waterloo PUBR E S TFOR w/loft. new line. SBRITISH E A F O O D since U R A NSALE Tin uptown F OWATERLOO R coreSsteps ALE R E T A I LCorner O Rproperty R access E D on E V Eto L OHwy PLRT M 401 EN Tvia Parking S I T E8 Established Kitchener. Excellent Hwy 1985,Alocated 1 ,800 SFSF· $550,000 · $285,000 · MLS: · Kitchener 30605541 2,419 · MLS:new 30539874 1,586 SF/0.12 Acres · MLS:30547706 · $899,000 on-site and ample parking nearby Directly on proposed light rail transit route.. away from parking and LRT station. Liquor British Isle Public House Sellers (Pub) with old world charm, business. retiring after 20 Lester Tobin* Kitchener · Unique High Profile Location. Corner Lot Profitable Peter Benninger**/Colin Vogel* Lester Tobin* license. ambiance years! and All equipment cuisine. Located Lease near included. is beside farmers market. Great redevelopment site, successful Uptown and Universities. Lester Tobin* Approx. 217 etc Acres · EXCLUSIVE Waterloo Gary Boudreau*/ James Boudreau** . · MLS: Tobin* renewable. parking lot, 975 SF · $385,000 30560590 Lester · · Waterloo · MLS: 30516625 · Waterloo 4,437 SF · $450,000 Region · Currently Being Farmed. for info pkg! Established since 1996, many locations throughout Fantastic Opportunity for the Call savvy business TRANSPORTATION BUSINESS FOR SALE · $1,200,000 Peter Benninger**/Colin Vogel* · MLS:30545077· Kitchener · $249,000 investor. HANDS /OFF Investment Opportunity. Great 2,548 INVESTMENT OWNER-USER PROPERTY Ontario.SFFamily style restaurant with liquor license MLS 30573316 · Guelph · Long Standing Sportsworld (29 years in Elegant casual located space SF to· $1,562,500 run your business from. and 4,982 · Waterloo · EXCLUSIVE seating for restaurant 160 + 50 on patio. in Lester Tobin* 0.51 Acres · $2,450,000 · MLS: 30609491 · Kitchener business) Carrier and equipment. Minutes from the . Lester Tobin* Crossing. High traffic, high exposure Chris Kolednik** Three retail units & one 2 bedroom apartment Downtown R9 Zoned Land. 80-100 Unit Residential Being Sold w/MLS 30577766. Steve Gerakopulos* w/loft. Corner property on new LRT line. Parking S401. EAFOOD RESTAURANT FOR SALE collecting Development. 11 Units currently on-site andRepresenta ample parking nearby. 2,419 SF · $550,000 · MLS: 30539874 · Kitchener * Sales ve www.coldwellbankercommercial.ca $95,000+NOI. Eric Frey* BANQUET HALL/ RESTAURANT FOR SALE Lester Tobin* Profitable business. Sellers retiring after 20 8,000 SF,4.3 Ac ·$2,100,000 · MLS: 30584493 · St Jacobs Email : Commercial@coldwellbankerpbr.com ** Broker successful years! All equipment included. Lease is Extensive renovations to building and grounds. Includes 1.27 Acres · $880,000 · MLS: 30607400 · Kitchener renewable. Boudreau*/ James Boudreau** 975 SF · $385,000 · MLS: 30560590 · Waterloo furniture/cookingGaryequipment. Site includes a Commercial Land For Sale. M2 Zoning Fantastic Opportunity for the savvy business freestanding home (included). Steve Gerakopulos* allows many uses. Call for more info. John Hoffman* 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*

Email : Commercial@coldwellbankerpbr.com ** Broker

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

Solutions in Canada's Technology

Hot Triangle, Pot Restaurant Sale Waterloo contact anyFor one of our sales $88,000 · 4,550 SF or · MLS: 30558858 · Stylish representatives, call 519-743-5211. For restaurant Commercial Real Estate underground in Uptown. No franchise. Located in hotel. Great Technology tenant support. Solutions in Canada's Ext.Lester 3000 Peter Benninger** Triangle, contact any one of ourTobin*

Please say you saw it in The Commercial Investor

sales representatives, Ext. 3029 Gary Boudreau * or call 519-743-5211

For Commercial Real Estate Ext. 3020 James Boudreau ** Solutions in Canada's Technology Ext. 3106 Mike Flynn contact * Triangle, any one of sales Peter Benninger** Ext.our 3000 representatives, or call 519-743-5211. Ext. 3118 Eric Frey*

Gary Boudreau *

Steve Gerakopulos* James Boudreau ** Peter Benninger** Roman Ginzburg* GaryEric Boudreau Frey* * Bill Halpenny* James Boudreau ** Gerakopulos* JohnSteve Hoﬀman* Mike Flynn * Roman Ginzburg* Chris Kolednik** Eric Frey* Halpenny* EricBill Reiner* Steve Gerakopulos* Lester Tobin* John Hoﬀman* Roman Ginzburg* Harmony Voisin* Chris Kolednik** Bill Halpenny*

Eric Reiner*

Ext. 3029 Ext. 3037

Ext. Ext. 3020 3000 Ext. 3103

Ext. 3118 3029 Ext. Ext. 3120

Ext. 3037 3020 Ext. Ext. 3040 Ext. 3106 Ext. Ext. 3103 3106 Ext. 3118

Ext. Ext. 3120 2099 Ext. 3037

Ext. 3040 3023 Ext. Ext. 3103

Ext. 3106 3117 Ext. Ext. 3120

Ext. 2099 Ext. 3040

John Hoﬀman*

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

Lester Tobin* Chris Kolednik**

EricHarmony Reiner* Voisin*

Ext. Ext. 3117 2099

Lester Tobin*

Ext. 3023

Harmony Voisin* * Sales

Ext. 3117 Representative ** Broker

* Sales Representative ** Broker

Volume 18 Issue 02

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

519.742.7000 www.coupalmarkou.com

SALE

C-645 LAURELWOOD DRIVE, WATERLOO

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

SALE

#3-368 QUEEN STREET WEST, CAMBRIDGE

SALE

• Business Opportunity! • Licensed family restaurant with 80 seats • Good start-up business with the right operator to increase sales • $149,000 MLS

3917_DJW_0017

SALE

12-250 DUNDAS STREET SOUTH, CAMBRIDGE

• Business Opportunity! • Established Mr. Sub franchise for sale. • Good income for owner operator. • 1,558 sq ft • $200,000

MLS

0718_DJW_0030

SALE

#4-600 DOON VILLAGE ROAD, KITCHENER

#2-105 CLAIR ROAD EAST, GUELPH

MLS

0718_DJW_0031

SALE

441 ALBERT STREET, WATERLOO

R E D UN CT A R NT CO • Pita Pit Business Opportunity • Great location in Galt at busy round-about • 1,800 sq ft • $235,000 MLS

0318_DJW_0025

SALE

• Business Opportunity! • Very well established, successful Pita Pit location • Opened in 2012 with steady growth in sales • 1,200 sq ft • $425,000 MLS

0718_DJW_0032

SALE

29 KING STREET EAST, KITCHENER

• Located in the heart of Waterloo Region’s Academic & Commercial Innovation District • Rare development opportunity in the expanding Idea Quarter Waterloo • 1.955 acres • $2,450,000

1314 FISCHER HALLMAN ROAD, KITCHENER

ER D N U CT A R NT O C • 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

EXCLUSIVE

0718_DJW_0033

• High density residential development site to be severed from new grocery anchored retail development • Potential of +\- 350 units and approximately 12 storeys • 4.81 acres • $7,215,000

MLS

2317_DJW_0031

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

0718_DJW_0034

CONNECT

11289418_0718

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

LEASE

94 WELLINGTON ROAD 6, ELORA

• 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_3_0050

LEASE

25 INDUSTRIAL DRIVE, ELMIRA

LEASE

49 QUEEN STREET EAST, CAMBRIDGE

LEASE

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

• 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

MLS

1917_DJW_1_0049

EXCLUSIVE

0318_DJW_0022

370 EASTBRIDGE BLVD. WATERLOO

LEASE

231 SHEARSON CRESCENT, CAMBRIDGE

LEASE

2-15 HAZELGLEN DRIVE, KITCHENER

R E D T UN C A TR N CO • Brand new corner retail unit located in high end apartment tower • Opportunity for a large outdoor patio • 1,601 sq ft • $20.00 / sq ft Net MLS

0718_DJW_0035

LEASE

• 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 MLS

1917_DJW_1_0065

LEASE

5-347 ERB STREET WEST, WATERLOO

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

MLS

• 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

0318_DJW_0023

MLS

4317_DJW_0017

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

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

0318_DJW_0024

CONNECT

11287245_0318

Please say you saw it in The Commercial Investor

Kitchener/Waterloo Guelph & Cambridge

Volume 18 Issue 02

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 02

Commercial Real Estate & Business Opportunities

London’s Income Property Specialist Helping others build wealth through real estate!

Bruce Thomas, MBA brucethomas@royallepage.ca Sales Representative

MULTI FAMILY APARTMENTS – STUDENT HOUSING - LAND

• Detached 3 br house • Fully rented until Apr. 30, 2019 for $1,950 per month plus all utilities. • MLS listing

• • • • •

640, 644-646 Talbot St., London 3 properties must be purchased together Fully rented until Apr. 30, 2019 Potential upside on rents Legal rental license

0718_DJW_0009

0718_DJW_0010

29 BEDROOMS DOWNTOWN LONDON $2,465,000

0718_DJW_0008

DOWNTOWN LONDON $359,900

• • • • •

$85,000 per bedroom 2 – 6 br units 1 – 5 br unit 3 – 4 br units Principals only please

• Great location 15 mins south of London in historic downtown St. Thomas • 27 residential and 3 commercial units • Fully rented with upside on rents • Separate parking lot with development potential

• Attention Developers – condo titled and could easily be sold individually • 12 x gross rents of approx. $330K • Many units are 2 storey with exposed brick and 11ft ceilings • Exclusive listing

0718_DJW_0012

0718_DJW_0011

30 UNIT AUTHENTIC POST AND BEAM FACTORY LOFT CONVERSION $3,995,000

• In unit laundry and dishwasher • All units have their own forced air furnace, AC and hot water tank. • Individually metered, tenants pay gas and electricity. • Elevator 11320840_0718

Specializing in buying and selling income properties in London, ON and surrounding areas. Qualified buyers looking for income properties contact me today as I have many off-market properties available. Owners of income properties considering selling please contact for a confidential evaluation. Please say you saw it in The Commercial Investor

Southwest Ontario

519-643-6014

legallyspeaking

What is a Minute Book

and why do you need one? By Jayson Schwarz LL.M and Evonne Finnegan LLB

ost people operating businesses reach the point where they need to incorporate for a variety of reasons. Once the corporation is incorporated, whether federally or provincially, you need to keep certain records. These are evidence of the activities of the corporation and are usually subject to government review and audit to ensure you are in compliance. The book that this information is kept in is called a â€œMinute Book.â€? The reason is that the minutes of meetings are kept there, and so the name. Please say you saw it in The Commercial Investor

What is in a minute book? Here is a list of what to expect on the original set up: The Articles of Incorporation: •

bylaws

•

initial resolutions setting out officers elected

•

date incorporated

•

approval of bylaws

•

forms of share certificates

•

authorization re bills of sale etc.

•

corporate seal

•

registered office

•

consent to act as directors

•

consent of officers

•

resolution of shareholders electing directors

•

resolution of directors electing officers

•

subscription for shares

•

resolution of director re allotment and issuance of shares and relating share certificates

•

resolution of directors re banking and signing officers with attached bank account information

•

resolution of directors re financial year-end

•

resolution of shareholders re appointment of accountants and exemption from audit provisions

•

directors, officers and shareholders registers.

As you can see, a lot of things. After the initial set-up there are certain corporation events that should be recorded in these minute books and they include: changes of corporation directors, details of the corporation’s financial statements and filing periods, changes to the share structure or shareholder or securities changes, or any decisions to buy, sell or change property and annual meetings to approve the corporation’s activities. Matters that are required to be recorded in the corporation’s minute book include records of the minutes of the provincially required annual shareholders meeting. Small companies with one or two shareholders are permitted by law to sign resolutions approving the annual resolution – provided that all the shareholders of the corporation sign the resolutions. The minute book should also contain a record of special resolutions passed by the corporation’s shareholders. A similar requirement exists for keeping a record of director’s meetings.

It is never too late to start maintaining your minute book records, and starting to do so now can prevent a delay in later business of the corporation. government compliance, why are the minute books of a corporation so important? Frequently, in corporate transactions, such as the assumption or provision of loans, the sale or purchase of property or the sale of a business or its assets, lawyers are faced with blank stares from clients when they ask for the corporation’s up-to-date minute books in order to prepare for the closing. Business owners are more focused on operating their business than maintaining their corporate books. Clients are often unaware of the existence of their minute book or the importance to maintain it regularly. Failure to have up-todate records in the corporation minute books can lead to delay and increased legal costs when trying to get the deal done. The accuracy of the corporation’s minute book is vital as it is relied upon by purchasers, lenders and investors in these transactions. In certain instances, it may be difficult to update a minute book where officers or shareholders have died, are untraceable, or when previous business partners have parted ways. Regular updating of the minute book prevents any of these costly delays. It is never too late to start maintaining your minute book records, and starting to do so now can prevent a delay in later business of the corporation. For more information on Corporate Law in Canada, contact Schwarz Law info@schwarzlaw.ca or visit www.schwarzlaw.ca. Disclaimer: The articles provided herein are for general information purposes only and not intended as or to be relied upon for legal advice. Consult with a lawyer for your unique situation.

Other matters that should be recorded in a corporation’s minute book include all revenue filings, any change of address of the corporation, any change in directors of a corporation, including a list of past and present directors and the dates they become or ceased to become a director. Failure to maintain such records can result in significant fines up to $25,000 and may prevent a corporation from maintaining proceedings in court. So apart from record keeping and

Please say you saw it in The Commercial Investor

Jayson Schwarz LL.M is the senior partner at Schwarz Law LLP and Evonne Finnegan LLB (also of the Bars of Ireland, Northern Ireland, England and Wales) is the senior corporate associate

Volume 18 Issue 02

Commercial Real Estate & Business Opportunities 11241815_0718

Sutton - Huron Shores Realty Inc. Brokerage Independently Owned and Operated 606 Goderich St., Port Elgin, ON N0H 2C0

Brian Shular

Southwest Ontario

9128459_0718

Cell

Broker of Record

519-755-0830 Office

519-752-9664

michaelhurley@rogers.com www.hurleyrealestate.ca

Michael Hurley

Doug Kaitlyn Freiburger Shular Sales Rep.

Sales Rep.

COMMERCIAL INCOME PROPERTY

519-797-1007 1-888-727-1007 583 Catherine St., Port Elgin $550,000

BROKER/OWNER

INVESTMENT OPPORTUNITY 0718_DJW_0013

Three Unit Plaza in the Heart of Port Elgin Currently Fully Rented, Large Parking Lot An Excellent Investment

0718_DJW_0014

0718_DJW_0036

PRIME HWY COMMERCIAL

ASKING PRICE

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

$695,000

6000 square feet Industrial building situated on a large 1 Acre lot in the heart of Brantford’s Commercial district. Tenant has been on site for over 20 years. There is a signed lease in place until 2021 with an option to renew until 2024. Monthly Rent is $3500 plus HST. $42,000 plus HST on a yearly basis. Rent is net, net, net and tenant is responsible for all expenses associated with the building. AAA tenant. Don’t delay call or email Michael today.

5097 Hwy. 21, Port Elgin $564,500

4717_DJW_0088

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

Your nexthome is here!

Please say you saw it in The Commercial Investor

Volume 18 Issue 02

Commercial Real Estate & Business Opportunities

INVESTMENT OPPORTUNITY

Smart From Home Realty Limited, Brokerage Tel: 519.880.8866

Sales Representative

519.654.6544

1917_DJW_0075

• Central downtown location along Richmond Row 11306864_0718

• New 5 year lease commencing March 2018 • Gross income: $204,000 • On-site parking included

For further information, please contact:

Glen Larocque*

glen.larocque@cbre.com 519 286 2008

CBRE Limited, Brokerage *Sales Representative

www.cbre.ca

30 Suites In 5 – 6 Unit Building London, Ontario Full Renovated and Managed $3.5 Million $300K Gross Annual Net $175K E X C L U S I V E

11316440_0718

• ±7,350 SF over 2 floors | 10,865 SF lot size

George Gicopoulos COMMERCIAL

ggicopoulos@gmail.com

519-852-4458

Cell

CANADA INC

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

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 for lease now. Ideal for owner user. Approx. 8,000 sq ft on two floors plus about 3,000 sq ft in basement.

0718_DJW_0059

CARE FREE INVESTMENT $495,000

THE FUTURE OF REAL ESTATE IS HERE NOW DON’T LET THIS PASS YOU BY EXP REALTY IS THE ONE FOR MORE EXP REALTY GO TO EXP REALTY INTRODUCTION 7 MINUTE VIDEO https://youtube/klWd-C77xpo

BUSY ROADHOUSE $595,000 0718_DJW_0053

3517_DJW_0046

WOODSTOCK OFFICE BUILDING SALE $1,150,000 LEASE $12. NET

RESTAURANTS 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

Great business for many years in this southwestern Ontario town. Licensed for over 300. 8,000+ sq ft with sales of almost $2 mil. Don’t miss this opportunity.

FAMILY RESTAURANT $325,000 4717_DJW_0005

11318636_0718

Sales Representative

BREAKFAST, LUNCH | $99,000 7:00 am to 2:00 pm only

Free Standing Commercial building of 3,350 sq ft with Long Term Tenant. 7% Cap Rate. Located just north of London on HWY #4 near Exeter. Corner location. About 1 acre of land.

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

MANY MORE AVAILABLE

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 neat Clinton. Business only. Corner location, very visible with easy access. 1.3 acres.

Please say you saw it in The Commercial Investor

Southwest Ontario

vtek@rogers.com

LONDON, 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_0718

HAMILTON, ONTARIO

Commercial Real Estate & Business Opportunities

Volume 18 Issue 02

11314129_0718

UNDERSTANDING REAL ESTATE TERMS AND FORMULAS By Dino Nicosia, Broker of Record, Investpro Realty Ltd., Brokerage

Hamilton

n this complex world of Real Estate investment, understanding the many terms, formulas and strategies will help you in making a wise investment decision. Let’s begin with the Operating Expenses, which are the most important factors in determining cash flow. OPERATING EXPENSES In my career, I have come across many financial reports on investment properties. It never ceases to amaze me how many operating expenses are streamlined to exaggerate the “Net Income”, thus artificially increasing the market value of the property. In addition to the regular expenses for heat, hydro, water, property taxes, etc., the next time you review an income statement, also look for the following expenses. 1. Management Fees Whether you intend to manage yourself or hire a property manager, this item should always be expensed at 3% to 7% of the gross income, depending on the size of the property.

2. Superintendent/Janitor Wages Again, whether or not you intend to do the work yourself, always expense this wage to determine the true operating expenses. Use approximately $40.00 – $50.00 per unit, per month as a guideline. This will vary depending on the duties. 3. Maintenance/Repairs This cost will also vary depending on the type, age and condition of the property, as well as the quality of tenants. A good guideline is approximately $600.00 to $800.00 per unit, per year. 4. Elevator If the property has an elevator, make sure the elevator costs are included in the expenses. This would include the elevator monthly servicing cost. 5. Garbage Disposal Determine if the garbage is picked up by the City at no cost, or by a private company that would invoice the owner. This cost is often overlooked. 6. Insurance Coverage The property must be insured for fire and other hazards and this significant cost should not be overlooked. Premiums will vary depending on age and size of the building and be aware that premiums are on the rise. 7. Laundry Expenses On many occasions, you will find the laundry income included in the gross revenues, however, the laundry rentals are often forgotten in the expense column. Unless the laundry equipment is owned, always look for rental charges in the expenses. 8. Advertising/Promotions, etc. In a tough rental market, you must allocate a reasonable monthly charge for advertising or costly promotions. 9. Hot Water Tank Rentals. Unless the tank is owned, look for the rental charges. A good “rule of thumb” for operating expenses is 50% to 60% of the “Effective Gross Income” (a term that will be discussed in a future issue). Always remember that it is the Net Operating Income that sets the probable value of the building. Therefore, to accurately establish the true N.O.I., all the actual expenses must be accounted for, or you could end up paying too much for the property.

Please say you saw it in The Commercial Investor

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

242

Main St. E. Hamilton

2 UNITS 4,864 SQ.FT. EACH

11,350 SQ FT PREVIOUS BODY SHOP

0718_DJW_0006

QEW FRONTAGE

$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.

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

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.

1917_DJW_0045

2nd floor office space approx. 1060 SQFT. Building has an elevator.

789 WOODWARD 4,758 SQ FT WAREHOUSE

Great spot on Corner of Parkdale & Brampton Street. Office areas, warehouse and shop area. 3 over head doors.Vacant, easy showings.

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

0718_DJW_0007

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.

LEA UB

D E S

WESTDALE MEDICAL BUILDING

On Woodward near Glow Ave. Large gated facility. Large warehouse with washroom and overhead drive in door. Asking $6 base.

20,000 SQFT INDUSTRIAL SPACE

E S A

1917_DJW_0047

QEW frontage with the following available: 910sq ft office 4000+ 2ND Floor Office (Sub Lease) 7,739 sq ft warehouse and offices

5,117 SQ. FT. WAREHOUSE 1917_DJW_0050

D E S

Warehouse, Offices and Mezzanine. Quick to QEW. With over 7,000 SQ FT, Overhead drive in door, 2 bathrooms â€“ this could be your new location.

Hamilton

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.

1917_DJW_0051

SQFT

0718_DJW_0006

7.00

3 FACILITIES QEW EXPOSURE STONEY CREEK 1917_DJW_0052

7,602 SQ FT WAREHOUSE & OFFICES 3917_DJW_0027

SUB LEASE QEW EXPOSURE

email: romans@efforttrust.ca

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 02

10339498_0718

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 RETAIL BUILDING FOR LEASE 0718_DJW_0054

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. Asking $3,995,000.

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.

1010 UPPER WENTWORTH ST, CENTRAL HAMILTON MOUNTAIN A freestanding signature retail building located directly across from Lime Ridge Mall. Prime exposure to high Mall traffic on this major power retail corridor with many national tenants. Easy access to expressway connecting to all areas of upper Hamilton. Existing building has dominant exposure and is 11,650 sf on main floor with loading dock. Ideal for most retail or office uses. Asking $16.95/sf net. Landlord may custom build, call LB for further details.

Your nexthome is here!

Please say you saw it in The Commercial Investor

Volume 18 Issue 02

Commercial Real Estate & Business Opportunities

COFFEE SHOP FOR SALE

Jay Singh, CPA, CMA, MBA

HAMILTON

(Ex-Commercial Banker & Accountant)

Tel: 416-666-3479

Jay_Singh_@hotmail.com FSCO Licence # 10874

“Ex-Commercial Banker And Accountant That Will Help With All Your Commercial Financing Needs” Recent Transactions

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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.

•

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• • • •

Ramzi Twal Sales Representative

OFFICE 905.574.3038 CELL 905.741.7221 ramzi@ramzitwal.com www.ramzitwal.com

11310570_0718

0718_DJW_0017

FOR MORE INFO CONTACT US AT

905•962•8829 MABUHIMAM@HOTMAIL.COM

Salvador Lachica

Broker

905.929.6890

MACRO REALTY

salvadorlachica@royallepage.ca

1.888.751.2229

FOR

Centrally located Hamilton Mountain. 1800 sq.ft. space for lease. Previously used as medical laboratory. Best use for Office or Retail. One reception room, one office room, three examination rooms, one laboratory room and two 2 piece baths. Rear parking for two cars. Gross lease $1800 / month plus HST. H4008191

Great Franchised business to own! Located in the busiest Hamilton area at Jackson Square Mall Food Court Location This business existed for over 15 years! Great for family run business, small place, not responsible for seatings, easy to operate. Perfect for family who wants to start a business in a food industry that does not require frying, cooking, and doing the hard work. Long lease 3.5 years plus 5 years. Renovated 2 years ago, recently added new displays, sandwich prep table, and new pieces of equipment Short hours from 7 am to 6 pm Monday to Friday, 8 am to 5 pm Saturday. Closed Sunday and holidays Total Revenue for 2017 over $250,000 growing 8 % per year. Will make more sales after introducing breakfast and lunch menu including catering to local areas. Rent is $3,500 per month, Royalty Fee 10% Family income: $71,000 - $100,000 and potential to make even more! Potential to change menu, add more food items, extend the hours Price includes franchise fees, training, support, all chattels, signs, displays, and pieces of equipment, kitchen utensils, and fully operational store

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• • • •

EXPERIENCE COUNTS

LE ASE

Central Hamilton Mountain - 1,468 square feet for lease. Previously used as X-Ray and Ultrasound office. Rear parking for two cars. Lease for $1,500 + utilities + HST. H4019084

0718_DJW_0018

Please say you saw it in The Commercial Investor

High traffic location, just South of Fennell Av E. Walk to Mountain Plaza Mall. Space previously set up as a beauty salon/ Barber/ Hairdresser with a separate lounge area. Near Mohawk College & St. Josephs Healthcare. Rear parking. Municipal parking nearby. Asking $1100/month + Utilities + HST. H4018281

0718_DJW_0019

Hamilton

ASKING: $229,000 + INV

(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.

Volume 18 Issue 02

11292930_0718

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

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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”

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Please say you saw it in The Commercial Investor

Commercial Real Estate & Business Opportunities

103 CEDAR DRIVE, TURKEY POINT $899,000 “Life-Style Change” invstmnt prop in resort town of Turkey Point. Aprx 2000sf comm/ restaurant w/all equip est. over 40 yrs + aprx 1000sf yr rnd 3 bedrm cottage incs roof ’15. Sit. 0.33ac lot-directly across from renowned pub. sand beach. Over $40K spent on new roof/int. flooring ’17. No P&L avail. AIA. Attach Sch B & Form 801 to offers. 0718_DJW_0016

259 CEDAR DRIVE, TURKEY POINT $589,900

72-74 HILLCREST ROAD, SIMCOE $599,900

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.

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!

3917_DJW_0003

0318_DJW_0009

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

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

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

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

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”!

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

0318_DJW_0011

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Please say you saw it in The Commercial Investor

Hamilton

Volume 18 Issue 02

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

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

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

AJAX

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

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

$1,799,000

0318_DJW_0044

ASKING

BOWMANVILLE

$899,000

TORONTO

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 Leaside Property on Bayview Ave. Close to Eglinton. High traffic, large retail with basement and 2 Bedroom apartment. Vacant on closing. Asking

OSHAWA

$1,899,000

$2,275,000

0318_DJW_0043

9 large apartments in well maintained building on large lot. Good part of Osahwa.

Asking

WHITBY

$1,899,000

$1,250,000

0718_DJW_0069

WHITBY

Why Rent When You Can Own! 5,000 Sq ft. Free Standing Building. Newly renovated. Perfect of restaurant user or investor. Downtown Whitby. Asking

0718_DJW_0067

OSHAWA

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

0318_DJW_0045

Greater Toronto Area

ASKING

10527900_0718

Toronto line: 416 798 7278

0718_DJW_0068

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

Commercial Real Estate & Business Opportunities

Volume 18 Issue 02

SkyViews CONSIDERATIONS WHEN SELLING YOUR APARTMENT BUILDING When it comes to selling your apartment building, there are many things to consider. The most important, however, is which brokerage firm you will choose to represent your interests and generate the right potential buyers. The following is a general guideline for choosing the right brokerage firm for you.

your property, the right brokerage will utilize what is called “target marketing”. Having access to multiple forms of communication, your brokerage should identify the best strategy to reach all buyers in the apartment building industry directly, resulting in you getting the most efficient marketing results.

1) Go with Experience Real Estate markets change from year to year, even from month to month. When dealing with a brokerage, you need to find the delicate balance of experience coupled with the up-to-date understanding of today’s current marketplace and trends. Experience alone will fail to provide you with strategies that will apply to current trends in the industry. On the other hand, a brokerage that lacks experience will not be able to accurately predict and prepare for upcoming trends.

6) Knowing the Buyers Your ideal brokerage is connected not only to you but also to a network of current buyers. When you are ready for your property to be listed, your brokerage should already have contacts with potential buyers and know who would be the right fit for your building.

Greater Toronto Area

2) Look Out for Number One Above all else, the brokerage you choose should look after your interests and work hard knowing that they have your trust, confidence and commitment. Your brokerage should ultimately be looking to serve your needs throughout the process of selling. 3) Take the Right Approach Some brokerages focus on the approach of “Bring Me an Offer”. While multiple offers can be beneficial, finding the right buyer with the right offer is the most crucial element in working with a brokerage. A good brokerage will bring the right people to the table to help you sell your building. 4) Know Your Value Many brokerages waste valuable time and resources hoping to pinpoint the market value for your building. The right brokerage, however, will have the knowledge and experience to provide an accurate opinion of value prior to even listing your building. Knowing what your building is worth will help you get the right return on your investment. 5) Exposure is Key Marketing your property is not just a matter of using one or two forms of communication to blanket the market in hopes of finding potential buyers. To properly market

7) Real Estate Networking Along with knowledge of current buyers, a brokerage should have already established relationships with other companies in the industry - appraisers, environmental and structural inspectors, financial institutions, etc. Having an established network of industry professionals can assist you in bringing your transaction to a quicker close. 8) Beyond the Offer Many real estate transactions fail at the most crucial stage... the due diligence process. Having a brokerage that engages in a thorough due diligence process ensures that your building’s information is verified for the buyer and your transaction closes smoothly and promptly. 9) Get What You Pay For Whether you are paying a low or high commission fee to the brokerage of your choice, you need to be confident in the level of service you received. The right brokerage will be dedicated to providing the ultimate service for the commission fees you pay. The Bottom Line When all is said and done, the most important element in dealing with a brokerage is achieving top dollar for your apartment building. Finding the right brokerage -one that fulfills the above criteria - ensures that you will walk away from your transaction with the confidence that you have received exceptional service, maximum exposure, hassle-free processes, and the financial results you had planned for.

SKYVIEW REALTY LTD.,Brokerage

8647857_0718

Apartment Building Sales Tel. (416) 444-6545 E-mail: info@skyviewrealty.com

Fax (416) 444-6997 Website: www.skyviewrealty.com

Please say you saw it in The Commercial Investor

R O

REALTOR

Volume 18 Issue 02

Commercial Real Estate & Business Opportunities

RONAN REALTY, BROKERAGE Fo r m o r e i n fo g o t o w w w. r o n a n r e a l t y. c o m

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1056 SIDEROAD 17, NEW TECUMSETH 0718_DJW_0040

5209 BOYNE STREET, ALLISTON

6843 5TH LINE, NEW TECUMSETH

1854 ADJALA TECUMSETH TOWNLINE, ADJALA-TOSORONTIO 0718_DJW_0057

Great investment opportunity on Hwy 9. Property is located beside the hydro right of way and is considered the preferred alternative for the 427 extension to Bradford Bypass, Country Road 27 and the expansion of 400 Hwy. Located in a designated provincial growth area. Land is presently rented to farmer. $2,250,000. Marc Ronan*** 905-936-4216

0718_DJW_0056

17 acres just west of the proposed Bolton residential expansion area. A3 Zoning Prime Agricultural. Great Investment in area of Developer owned land. Approx. 3000 sq ft house with 3 car garage leased. Located near King St. and Gore Road in expanding Bolton. $5,250,000. Marc Ronan*** 905-936-4216

0718_DJW_0055

Top quality Muck Land available in large parcel. Excellent for vegetables or potatoes. Irrigation ditches abut property for in and out moisture content. 7500 sq ft storage building available for product or equipment. See listing agent for further details. Owner says sell! $2,664,000. Marc Ronan*** 905-936-4216

1048 TOTTENHAM ROAD, NEW TECUMSETH

LOT 31 CONCESSION ROAD 7, ADJALA-TOSORONTIO

119 QUEEN STREET NORTH, TOTTENHAM 0718_DJW_0046

72 acres vacant land in area of growth near Colgan. Over 3000 frontage on Townline and Con 8 in South Adjala Township. Rolling land with good elevation & views. Located next to Woodington Lake Golf Course and large tribute homes plan of subdivision. Please do not damage farmers crops. See Listing Agent for package. $1,975,000. Marc Ronan*** 905-936-4216

0718_DJW_0045

89 acres next to growing Tottenham and Services. New Tecumseth designated as provincial growth area. Next to Woodington Lake Golf Club. Ideal Investment and surrounded by Developer owned land. Taxes are approximate, buyer to verify and abutting sewer treatment. Facility to the South. $3,500,000. Marc Ronan*** 905-936-4216

0718_DJW_0044

Investment Opportunity! 30 acres future development land in Alliston across the road from new residential development. Level land with approx. 5200 sqft building, 2nd level updated apartment approx. 2000 sqft plus inlaw space. This property has serious development potential. Located between developer owned land and water retention area for existing residential development current zoning A1*7. $2,300,000. Marc Ronan*** 905-936-4216

8121 20TH SIDEROAD, ADJALA-TOSORONTIO

1779 10TH SIDEROAD, BRADFORD

6370 4TH LINE, NEW TECUMSETH

Fabulous corner 64 acre property in Adjala Township with views for miles. Build your dream home. Mostly treed property. Views all the way to the escarpment. $695,000. Marc Ronan*** 905-936-4216

105 acre farm with access to Holland River with approximately 96 acres workable Muck soil. Great setup for vegetables with drive through processing/packing storage building approx. 80’ x 120’ plus large lean to, office area/kitchenette, 40’ x 60’ drive-in cooler, loading ramps, 8+ greenhouses (as is), housing surrounded by drainage ditch. 400 amp service with phase up power up converter. $2,750,000. Marc Ronan*** 905-936-4216

258 CHURCH STREET SOUTH, NEW TECUMSETH

0718_DJW_0049

Centrally located in growing Tottenham with great exposure – Ideal for medical, professional or re-purpose building. Currently used as a one stop medical complex and zoning allows for Health Services establishment. Freestanding brick building 16,055 sq ft Boma 2017 standard, ample parking, huge reception and waiting areas, elevator, 2 floors. Strictly by appointment only. Do not attend building without appointment. $3,000,000. Marc Ronan*** 905-936-4216

0718_DJW_0048

82 acres abutting residential development in areas fastest growing community. Surrounded by existing development with two roads stubs to East on Municipal services. Flat, clear acreage minutes away from Honda. Entirely maintenance free clean up crop land zoned rural, perfect land banking earn solid crop related income while waiting for this parcel to mature to the development stage. $2,999,999. Marc Ronan*** 905-936-4216

0718_DJW_0047

Remarkable treed 51 acres at Hwy 9 between Hwy 50 & Hwy 27 with road frontage on Tottenham Road and Hwy 9. Existing structures for potential footprints for your own ideas. Flowing spring through existing pond. This is a very special property to build your dream home. Oak Ridges Moraine and Conservation Guidelines will apply. $795,000. Marc Ronan*** 905-936-4216

Great Investment opportunity in South Simcoe County and area designated a growth area by the province of Ontario. Approx. 45 minutes to Toronto Pearson International Airport/Greater Toronto Area. 90 acres abutting new residential area in growing Tottenham. $7,500,000. Marc Ronan*** 905-936-4216

PART OF S ½ LOT 6, CON 4, BRADFORD WEST GWILLIMBURY

15 acres. Urban industrial zone, ready to go with services available. Beside major users such as Honda of Canada, Gibson Transport, Nissin Transport. Growing South Simcoe and Alliston. Ready to build or owner may divide. $3,150,000. Marc Ronan*** 905-936-4216 0718_DJW_0050

0718_DJW_0051

Please say you saw it in The Commercial Investor

Location! Location! 44 acre development property located on newly created Highway 400 and 5th Line Bradford Interchange. Opportunity for Astute Investor or Developer with Highway 400 exposure in area of massive population and infrastructure growth presently approved, proposed and being constructed. Located in Provincial Growth area outside of Greenbelt area. $4,950,000. Marc Ronan*** 905-936-4216

Greater Toronto Area

14098 THE GORE ROAD, CALEDON

0718_DJW_0038

3796 ADJALA–TECUMSETH TOWNLINE, ADJALA–TOSORONTIO

0718_DJW_0039

Each Office Is Independently Owned & Operated

Volume 18 Issue 02

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

I US

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

YORK MILLS/DON MILLS SUBWAY FRANCHISE

EAST GARAFRAXA 239 ACRES VE

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 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_0718

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

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

Please say you saw it in The Commercial Investor

Volume 18 Issue 02

Commercial Real Estate & Business Opportunities

FOR SALE

Cedar Park Plaza

5.2 Acres approved Commercial Land (CS) Shovel ready for construction March 2018

Super New Retail Plaza Gas Station Complex Sale Price $2,390,000

*5.2 Acre Approved Commercial Land (CS) (Financing Available)

Location Queensway Street West, Simcoe, Ontario

Cedar Park Plaza & Gas Station Complex Located at Queens Way W, Simcoe Ontario Another Project by SLDCorporation

11306460_0718

BRAND NEW

Gas Station + Convenience Store

*Plaza ready for construction March 2018 *54,700 sq. ft. Super Retail Condo Plaza *Super New Gas Station Complex *Up to 30 stores & offices available *Stores Size 1000,2000,3000,5000,sq. ft. UP *Plus 260 Customer parking spaces Super investment opportunity for Builders & investors

416-836-7686 (email) slandcorporation@yahoo.ca

Your nexthome is waiting.

Please say you saw it in The Commercial Investor

Greater Toronto Area

For more information call Ed Bain

businesssavvy

First steps to starting a small business What do entrepreneurs look like? By George Grignano and Will Townsend

he right attributes, a good idea, a plan to make it work and a way to finance your business is the formula to be followed to become successful. Here are some considerations:

WHAT DO ENTREPRENEURS LOOK LIKE? Before you start your own business, be sure you have the personality traits that successful entrepreneurs display. The familiar characteristics of a successful entrepreneur include: OPTIMISM â€“ entrepreneurs focus on solutions not problems PASSION â€“ the quality that fuels their business and their personal lives

Please say you saw it in The Commercial Investor

PERSISTENCE – entrepreneurs keep going in times of adversity and stay focused on the end goal FLEXIBILITY – the ability to adapt to a changing environment EDUCATION – not formal education but a desire to learn and a drive to improve FOCUS – entrepreneurs focus on the big vision and recognize that short-term wins, although important, must add to longterm success. GENERATING A BUSINESS IDEA The next step to setting up your own business is to identify a gap in the market that your product or service will exploit. This is easier said than done and can be the toughest part of setting up your own business. To do this, ask yourself some searching questions. What services or products are missing from the market? Could you invent a new product? What do you dislike about existing products and services? Could you improve them? Using your own life experiences to inspire your ideas can help you spot business opportunities. This will also make you passionate about your product as you will be able to see and sell the benefits. Remember, passion is one of the key characteristics of a successful entrepreneur. TURNING YOUR IDEA INTO A STRATEGIC PLAN Studies show that a significant amount of new businesses with no business plan fail within the first two years. The adage is true: fail to plan and you plan to fail. Your business plan reflects how you see your business developing and maps out how you intend to drive your business forward. Your plan should set out your product, your intended market, and your key financial targets such as projected sales and profits. FINANCING YOUR PLAN Your plan should also show the seed capital you need to start up and your day-to-day working capital requirement. It is vital that your assumptions and estimates are accurate and reasonable. Do this and you will be able to foresee any problems and resolve them before they happen. A robust business plan allows you and potential investors to see how your business may perform in the future.

investors will usually be venture capital firms or business angels. ~ Consider bootstrapping, a way of starting a business without external finance. This method is more strategic and focuses on creating cash flow, minimizing expenses and reinvesting profits. STRUCTURING YOUR BUSINESS How you structure your business will depend on what it is, how you finance it, and your long-term business goals. It will likely be a sole proprietor, partnership, franchise or corporation. BEFORE DECIDING ON YOUR STRUCTURE, YOU SHOULD HAVE ANSWERS TO THESE QUESTIONS: ~ Is it important that you limit your personal liability? ~ Does your business need to meet any regulatory requirements that may have a bearing on your business structure? ~ How important are ease and set-up costs? One structure may be easier, quicker and cheaper than another. ~ Do you have an exit plan? If so, consider how the structure choices impact on your plan. The tax and accounting requirements you have to meet will depend on where you operate. Also depending on where you operate, there may be government tax incentives, so be sure to investigate this. Wherever you are and whatever your business, choosing how to structure your business is an important decision. It is worth seeking professional tax and accounting advice to help you make the right choice. Becoming a successful entrepreneur isn’t easy. Most successful people will tell you there is no right or wrong way and that to be successful you must be willing to fail. If you have the right entrepreneurial characteristics, the right idea and structure your business the right way, you’ll stand a good chance of succeeding.

HERE ARE SOME WAYS FOR YOU TO FINANCE YOUR BUSINESS: ~ Investigate any government support such as grants or loans. ~ Borrow money from a bank or other lender. George Grignano, CA, is a Partner at KRP Kestenberg Rabinowicz Partners LLP. www.krp.ca, Accountants For Entrepreneurs in Markham, ON.

~ Ask for help from friends or family.

Will Townsend, CA, is Senior Audit Manager with Cooney Carey in Dublin, Ireland.

~ Look at equity finance, where you raise money from external investors in return for a share of your business. These

Both Firms are members of Russell Bedford International, a global network of independent firms of accountants, auditors, tax advisers and business consultants with offices in over 80 countries.

Please say you saw it in The Commercial Investor

Volume 18 Issue 02

Commercial Real Estate & Business Opportunities

Penny Kozoriz Broker

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

Apex Results Realty Inc.

,00

9 ,24

FOR SALE

2 COMMERCIAL UNITS Property fronting Steeles Avenue West. TTC at curb and steps from Toronto-York Spadina subway extension (Pioneer Village Station). Great opportunity to own or for investment. Please contact for more details.

BEAUTY SALON IN HIGH TRAFFIC STRIP MALL IN BURLINGTON • Salon has Modern Furniture & Equipment • 9 Custom Stations, 2 sink w/reclining chairs.

MY TRAN

• Pedicure chair & equipment • Great Opportunity Offered at $89,900 • Owner Retiring

11314720_0718

• Nail Station & Private room for Waxing & Massages

Sales Representative

Greater Toronto Area 11316481_0718

DO NOT GO DIRECT BY APPOINTMENT ONLY

Heritage Group Ltd., Brokerage Each Office Is Independently Owned And Operated

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

info@mytran.ca

www.MYTRAN.ca 11208873_0718

6 Plex Apt. Bldg.

TORONTO EAST AREA • Large Spacious 1 and 2 Bedroom Units • Newer Windows & Doors, Security Cameras • Large Lot, 7 Parking, Low Maintenance • Gross over $79,000 Rents Below Market • TENANTS PAY THEIR OWN HYDRO

Your nexthome is waiting. Find the perfect new home or condo in the neighbourhood that fits your lifestyle.

Tel: (416) 587-0887 Email: etersigni@terenrealty.com “Serving The Investment Real Estate Community” Please say you saw it in The Commercial Investor

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION COVERING: Barrie Collingwood Muskoka North Bay Kawartha Lakes 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

News

Avison Young names new CFO

vison Young named Christine Battist as a principal and new chief financial officer of the company on Jan. 17. Battist’s role will be to lead the company’s finance and accounting organization. Based in the firm’s Chicago office, she will also serve on Avison Young’s corporate leadership team and participate in the development and execution of the company’s long-term growth strategy and profit goals. “Our leadership team could not be more thrilled to welcome Christine to the CFO role,” says chair and CEO Mark E. Rose.“Her appointment reflects Avison Young’s continuing effort to build the most talented and diverse management team in the industry. Christine is a finance thought leader with a proven track record and keen understanding of the levers that propel shareholder value. She has confidently navigated companies through exponential growth. Christine will lead the overall management of Avison Young’s finance team and, sharing the benefits of her widespread experience, provide strategic and practical input to the management of the business. Christine will manage the financing of our company’s growth and relationships with investors and financing sources, and be responsible for the financial aspects of corporate-development decisions regarding acquisitions, divestitures and other related transactions, driving the company’s continued rapid growth and success.” Battist succeeds Gary Hubbard, who, after facilitating the smooth transition of the chief financial officer duties to Battist and leading the completion of certain ongoing projects, intends to retire later this year after a 37-year career as a financial executive with global corporations. “I’m excited to be part of Avison Young’s collaborative global culture, which prides itself on providing premier client service,” says Battist. “I’m looking forward to joining a dynamic, highly strategic leadership team

that is committed to growth and commercial real estate industry leadership. I’ll strive to transform Avison Young’s enterprise capabilities to support the agile and efficient execution of key initiatives for the purpose of sustainable – and profitable – growth. I look forward to collaborating with my new colleagues across the company as we contribute to Avison Young’s ongoing global expansion.” Battist holds a bachelor of business administration in accounting from St. Norbert College in De Pere, Wisconsin. Committed to community involvement, she volunteers her service and financial expertise to organizations that promote education and financial independence for women and children, including the United Way and Girl Scouts.

Please say you saw it in The Commercial Investor

Volume 18 Issue 02

Commercial Real Estate & Business Opportunities

Sales Representative bill-byers@coldwellbanker.ca

TEMISKAMING REALTY LTD., New Liskeard,

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

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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 $84,900. Downtown Cobalt. MLS TM172818

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E IC R P W E N

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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

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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 $299,900. MLS TM172705

Northern Ontario

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

BROKERAGE

8313781_0718

Bill Byers

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 $139,900. MLS TM152302

Wake up to your nexthome!

Please say you saw it in The Commercial Investor

Central Ontario

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

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 02

Commercial Real Estate & Business Opportunities

Jack Huitema

220 Broad Street East, Dunnville, ON N1A 1G2

Broker of Record

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

Each Office Is Independently Owned & Operated

GREENHOUSE/GARDEN CENTRE OPPORTUNITY

MODERN GREENHOUSE CENTRE

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1917_DJW_0041

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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.

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 11320779_0718

11279879_0718

4717_DJW_0009

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PRIME LOCATION

REDEVELOPMENT OPPORTUNITY

D SOL • 26 Acres • 967 ft. along Bell Boulevard • Within 1 KM of Shorelines Casino • Water, sewer and natural gas on the lot line

ASKING PRICE $2,125,000 cookeproperties.com/BELL

CORNER COMMERCIAL

4717_DJW_0016

• Tons of drive by traffic, Belleville’s busiest street • 4321 square feet with 3 units • Vacant main floor professional suite • Vacant upper office suite • Separate meters

ASKING PRICE $375,000

cookeproperties.com/187NFSale

D SOL

• High visibility corner lot • 1500 square foot building • Busy intersection of 3 main roads • Well suited for fast food, convenience store, laundromat • Adequate parking

ASKING PRICE $300,000

• 12,000 square foot office building • Elevatored and plenty of parking • Vacant and ready for residential conversion • Zoning allows for 6-storeys • Well located across from Moira River • Waterviews

ASKING PRICE $1,000,000

cookeproperties.com/178FRONTFS

GENERAL STORE + APARTMENTS

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cookeproperties.com/CrespiSale

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• HWY 41, Cloyne, ON • 3 commercial storefronts, 2 apartments • GRECO PIZZA franchise, no royalties • 1440 square foot bait shop • 960 square foot rental unit • Full service LOTTO

ASKING PRICE $249,000

BELLEVILLE ONTARIO

4717_DJW_0019

CE EDU

• Corner commercial, high traffic location • 4200 square foot commercial building, vacant • 1.5 storey brick rental home • Climate controlled fibre optic bank • Natural gas backup generator • Former 911 call centre

cookeproperties.com/14222HWY41Cloyne

Please say you saw it in The Commercial Investor

ASKING PRICE $279,900

cookeproperties.com/60Dundas

Eastern Ontario

VACANT LAND

businessnews

ReDev Properties

moves into commercial construction

ommercial real estate manager, ReDev Properties, has launched a commercial construction division with the start of construction at Jacksonport Retail in Calgary, Alberta. Work will begin shortly after the company completes the purchase of the site, with its joint venture partner. The property already has a number of existing commercial buildings and offers the opportunity to build retail and condo buildings for resale on almost three acres of land. “This was the right time in ReDev Properties’ evolution to become involved in this type of development project,” says

ReDev founder and President Richard Crenian. “I have experience in the development of commercial condos and residential units, and it is clear there is a strong demand for projects like Jacksonport Retail.” It also marks a significant change in ReDev’s strategy within the commercial real estate industry. “While covered malls are facing many challenges, customer foot traffic in neighbourhood plazas remains very high,” Crenian explains. “We know there is growing demand for the core retail outlets and services we offer at our plazas.” While ReDev Properties is also involved in negotiations for another project similar to Jacksonport Retail as its business model shifts towards more redevelopment of retail and commercial condos, there is nothing in the pipeline for Ontario. “At present, ReDev Properties does not have any development projects planned in Ontario, but we are always open to proposals or opportunities to build new partnerships,” says Crenian.

Volume 18 Issue 02

Commercial Real Estate & Business Opportunities

“Your Commercial Connection in Eastern Ontario!”

jamie@ekortrealty.com

www.ekortrealty.com 8305397_0718

TURNKEY RESTAURANT FOR LEASE • Located in Prince Edward county • Downtown Picton • Approx. 2,500 s./f • Includes “all equipment” • Restaurant and separate bar area • New tenant can rename and brand restaurant

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• • • • •

www.pictonrestaurant.com

• • • •

Over 1200 ft of frontage 25,000 sf per floor Excellent location for Flea Market Possibly to subdivide to smaller units.

Over 5 acres of Waterfront in City of Belleville Includes owner’s waterfront home with Pool Includes 9 separate year round residential rental units

GAS, C-STORE & RESTAURANT

• Established for 51 years – one owner! • Busy gas station, convenience store and restaurant • Includes a 2,400 sf mint condition apartment for owner • Located approx. 1.5 hours east of Toronto

www.328riverside.com ASKING PRICE $1.45M EXTREME PITA FOR LEASE 0718_DJW_0061

DESIGN BUILD OPPORTUNITY 3917_DJW_8004

RESTAURANT/BANQUET ROOM 2717_DJW_0029

www.45station.com ASKING PRICE $695,000

20 Beds Located in Downtown Stirling Share Sale * All Staff In Place Waiting List for Beds

www.stirlingtowers.com ASKING PRICE $1.298M

www.240front.com ASKING PRICE $695,000

• Zoning permits commercial/ • Residential use • 1.5 acres • Seller wants an OFFER

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• • • •

www.stillwaterbasin.com ASKING PRICE $1.5M

restaurant • Licensed 30 seat patio • 4 apartments (unfinished)

• Downtown core of Belleville • Located on Moria • River-Riverfront Trail • 20,000 ft building

RETIREMENT HOME 1117_DJW_1_0089

3917_DJW_0053

• One year left on Giant Tiger lease • Loading dock • Also for lease $8 psf net

www.89dundas.com ASKING PRICE $995,000

50 SLIP MARINA

• Busy restaurant/full service kitchen • Licensed 150 seat banquet room • Licensed 100 seat

DEVELOPMENT OPPORTUNITY 2717_DJW_0030

• 13,500 sf footprint • 7,000 sf second floor • Trenton Downtown Core • (1.5 hr east of Toronto)

www.pxtrenton.com ASKING PRICE $695,000

• • • •

ASKING PRICE $2,300,000

INVESTMENT PROPERTY 3917_DJW_0051

0718_DJW_0065

EXCELLENT LOCATION

9 acres Previous public school site Concept site plan for 150 residential High-rise 60 townhouse sites

• • • • •

5.51 acres with Hwy 401 Frontage Zoned CH-9/MS Municipal services nearby Ideal For Hotel, Rental Business, Auto Dealership, Contractor, Mini Storae

www.25enterprise.com ASKING PRICE $895,000

Please say you saw it in The Commercial Investor

• • • •

Turnkey Operation Space is 1350 square feet Current lease in place until 2022 High Traffic location in busy plaza

ASKING PRICE $14.50 psf

Eastern Ontario

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U ED

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BELLEVILLE ONTARIO

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 02

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 246 VINE ST., ST CATHARINES

3719_DJW_0007

300 FOURTH AVENUE, ST. CATHARINES

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6360 LUNDY’S LANE, NIAGARA FALLS

4 NIHAN DRIVE, UNIT 3, ST. CATHARINES.

1244 CHIPPAWA CREEK ROAD, THOROLD

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+/- 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

0718_DJW_0003

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

4717_DJW_0022

Great opportunity to own your own commercial building and run your business or investment. Zoning allows for endless potential uses such as office, industrial, retail, service etc. Solid concrete block building with security system, central air, consists of office and shop/warehouse area with rear grade level overhead door. OFFERED AT $399,900. Contact Dave Fulton, Sales Representative, dave.fulton@colliers.com Mike Halliday, Sales Representative, mike.halliday@colliers.com

12212 LAKESHORE ROAD, WAINFLEET

MOUNTAIN RD. AND ST. PAUL AVE

515 EAST MAIN ST., WELLAND

Located on the shore of Lake Erie at Long Beach. Large outdoor patio, dine in restaurant and bar area, large main level dance floor and concert area, plus lower level. Heavy summer tourist area. Many other possibilities at this resort area. OFFERED AT $399,900.00 Contact Bryan Saelens, Sales Representative bryan.saelens@colliers.com

BROKERAGE APPRAISALS MANAGEMENT

0718_DJW_0029

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

0718_DJW_0028

+/-2,260 sq. ft. unit in well maintained mixed use complex in central north sector of City. Desirable area near Scott/Lake Street intersection with quick and easy access to the Q.E.W. approx. 80% office/showroom, balance warehouse. OFFERED AT $12.00 psf net/$3.00 TMI Contact Ralph Roselli, Sales Representative ralph.roselli@colliers.com

0718_DJW_0004

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 Contact Bryan Saelens, Sales Representative bryan.saelens@colliers.com

Excellent location between Niagara Falls and Niagara-on-the-Lake on main thoroughfare between the two cities. 10 minutes to Casino Niagara, the Horseshoe Falls and the Rainbow Bridge US border. 16 minutes to downtown St. Catharines. 3 minutes to the QEW, 4 minute drive to most amenities on Portage Rd. Zoning approved for 6 story condo building. Beautiful view overlooking the Eagle Valley Golf Club. OFFERED AT $1,750,000.00 Contact Greg Chew, Sales Representative greg.chew@colliers.com

Amazing opportunity to be your own boss in this fully functional commercial restaurant, which has loads of possibilities. Great location for this ±1,500 sq. ft. well cared for building, formerly Vicki’s Pork & Beef, surrounded by residential neighbourhoods. Plenty of onsite parking. Located in the downtown core of Welland, in the centre of Niagara. OFFERED AT $319,900.00 Contact Greg Chew, Sales Representative greg.chew@colliers.com Contact Todd Crawford, Broker todd.crawford@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_0718

Niagara Peninsula

0718_DJW_0002

33 ELM STREET, ST. CATHARINES

businesssavvy

Protect your business from fraud: Three simple steps

ompanies big and small are vulnerable to all kinds of fraud — identity theft, internal fraud and business directory and supply scams. This is not just an online problem; it can also happen over the phone and in person. Fraud can affect your revenue, your reputation, and the longevity of your business. That’s why it’s important to take proactive steps to ensure that you can prevent losses to your bottom-line and lessen the impact of possible fraud. The Competition Bureau encourages businesses to have an anti-fraud plan that includes the following: RECOGNIZE IT: Fraudsters are sophisticated and creative, so questioning the legitimacy of every inquiry — no matter how official it may appear to be — is a good policy to have in place. Always be vigilant and on the lookout. Scammers are finding new and innovative ways every day to rip people off, so be watchful for any deals that sound too good to be true, including online and on social media. REJECT IT: It’s important to train staff

to be attentive, cautious and know how to reject suspected fraudulent activity. If you receive a suspicious email, delete it. If you question the legitimacy of a phone call from an unfamiliar source, hang up. If you get something in the mail asking you for personal information or credit card details, throw it out. Trust your instincts — they could

Scammers are finding new and innovative ways every day to rip people off, so be watchful for any deals that sound too good to be true, including online and on social media. save your business or your employer from becoming the victim of fraud. REPORT IT: The Canadian Anti-Fraud Centre (CAFC) estimates that less than five per cent of the total number of fraud victims report their experiences to law enforcement agencies. By reporting a scam, you can provide law enforcement with the information they need to stop fraudsters and prevent others from becoming victims. If you file a complaint, it’s important to keep any evidence, such as cancelled cheques, certified and other mail receipts, and printed or electronic copies of emails.

You can report fraud by contacting the CAFC at www.antifraudcentre.ca or by phone at 1-888-495-8501; or the Competition Bureau at www.competitionbureau.gc.ca/fraud or by phone at 1-800-348-5358. –NC

Volume 18 Issue 02

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_0718

905-641-1110 • 905-562-3000 • Toll Free 1-866-575-9400 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

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

Great 21+ acre property with lots of character. Not even ten minutes from the QEW. Picturesque rolling land with approximately 4 acres of bush, 16 Mile Creek runs through the back of the property and 20 Mile Creek is just next door. Balance of land presently planted to cash crop.

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

$399,800

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

Tony Tripodi Broker

Garden City Realty Inc Brokerage Independently Owned & Operated

*INDUSTRIAL*COMMERCIAL*INVESTMENT*

CONDO DEVELOPMENT NEAR LAKE ERIE PORT COLBORNE $259,900

9632847_0718

tripodi@sympatico.ca

8181576_0718

905-641-1110 cell: 289-241-6954

0718_DJW_0001

95 YALE CRES, ST. CATHARINES RE/MAX Niagara Commercial Division

Central location, easy access to all main roads and highways. 3.25 Niagara Falls, Ontario L2G 5Z3 5627Approximately Main Street. acres with E2 zoning allowing for multiple uses (see agent for uses). Currently Callused Toll Free: 1-877-219-9600 as a sawmill operation with a 4200 sq ft building. Plenty of room forEach storage or office independently owned and operated. expansion. Great possibilities with high exposure in very desirable industrial/ commercial area. Vendor may consider holding financing. Contact listing agent for RE/MAX Niagara further details. 289-241-6954. 0718_DJW_0015

Call Tony Tripodi @ 905-323-7064 or email: tripodi@sympatico.ca

Niagara Peninsula

2,640 sq.ft. building, built in 1982. 9ft. ceilings, corner lot 115ft x 108ft, close to hospital and Sugarloaf New DEVELOPMENT zoning allows construction CONDO DEVELOPMENT NEAR LAKE ERIE - PORTMarina. COLBORNE - $259,900 CONDO NEAR LAKE ERIE - P 2,640 sq.ft. building, built in 1982. 9ft. ceilings, corner lot 115ft x 108ft, 2,640 close to hospital andconcept Sugarloaf sq.ft. building, built in 1982. 9ft.reviewed ceilings, corner lot 115ft for 8 apartment units, 2 level plan Marina. New zoning allows construction for 8 apartment 2 levelMarina. concept plan reviewed by construction anFrank Franze, New zoning allows for 8 apartment units byunits, an architect, details available. Call architect, details available. Call Frank Franze, BA, MBA, FRI Broker. Email: dfranze@yahoo.com architect, details available. Call Frank Franze, BA, MBA, FRI B BA, MBA, FRI Broker. Email: dfranze@yahoo.com

RE/MAX Niagara Commerci 5627 Main Street. Niagara Falls, O Call Toll Free: 1-877-219

Each office independently owned and

Commercial Division 5627 Main Street. Niagara Falls, Ontario L2G 5Z3 Call Toll Free: 1-877-219-9600 Each office independently owned and operated.

Please say you saw it in The Commercial Investor

BUSINESS INVESTORS

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

BUSINESS INVESTORS

The perfect place to list all of your businesses opportunities

For advertising

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

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

Volume 18 Issue 01

Commercial Real Estate & Business Opportunities

GROUND BREAKING CHANGES TO EXISTING B-20 GUIDELINES As a lot of us may know, OSFI, the federal regulator overseeing financial institutions, introduced some ground-breaking changes to the already existing B-20 Guidelines. The revised guidelines, which came into effect January 1, 2018, apply to all federally regulated financial institutions. The changes reinforce OSFI’s belief in tighter lending standards and vigilant mortgage underwriting practices. Majority of the focus has been diverted to tightening lending criteria based on Loan to Value ratio limits and restricted qualification methods (*Loan to Value is the percentage of debt registered on a property against the value of the property). The 3 most critical changes of this new guideline are: 1. Minimum qualifying rate for uninsured mortgages (a mortgage that has 20% or more down payment) to be greater of the five-year benchmark rate (a rate that lenders are required to use to qualify mortgage borrowers in Canada) as published by the Bank of Canada or the contractual rate (rate offered by the lender) + 2%. 2. Establishment and adherence to appropriate Loan to Value ratio limits that reflect the risk and are updated based on changing housing markets and economic environment. 3. Prohibiting federally regulated financial institutions from arranging bundled mortgage products, where a lender arranges with another lender a mortgage, or a combination of mortgage and other lending arrangements, in any form that go over the institution’s maximum LTV ratio or other limits as established by their residential mortgage underwriting policies or requirements published by law. While all of these changes have had their individual impact on the market, the one change that has impacted the market the greatest, is the change to the existing stress test. What this really means is that borrowers who are looking to put down 20% or more in down payment, will now be subject to a harsher qualification criterion. Instead of qualifying at the benchmark rate, or the Bank of Canada’s posted rate, they will now have to qualify against the greater of the benchmark rate or their contract rate, plus an additional 2%. Based on the new stress test, the growing concern is that because individuals’ will now have a more challenging time qualifying for a mortgage, they will either be declined, or forced to purchase properties at lower price points. This is not necessarily the case; there are still many options available for borrowers to consider!

9649286_0718

Pro Funds Mortgages

I 3410 South Service Rd. Suite G5, Burlington, Ontario L7N 3T2 I 1.888.330.3866 I info@profunds.ca I www.profunds.ca

Business Investor

In our opinion, this new stress test does not impact the market as vastly as anticipated. In many cases, the majority of first-time home buyers do not have a large down payment of 20% or more and tend to purchase default insurance to get a mortgage. If the mortgage is insured, borrowers will still be eligible to qualify against the older and less restrictive stress test. continued on next page...

GROUND BREAKING CHANGES TO EXISTING B-20 GUIDELINES For those first-time home buyers who have the 20% down payment available and want to put down the maximum they can, they have the option to pay a little less down payment and pay for the default insurance to get qualified against the benchmark. The one segment of borrowers that the new stress test most greatly affects, are real estate investors or individuals looking to buy secondary homes or investment properties, where the minimum down payment requirement is 20% or more. This is where a mortgage is uninsured due to the higher down payment and lower risk to the lender, and hence to mitigate the risk of not having the mortgage insured, borrowers are subject to a stricter stress test. Having said that, if we put things into perspective, the current day benchmark rate (February 07, 2018) is 5.14%. There are some lenders in the broker channel who are still advertising 5-year rates in the range of 3.19%, and by adding another 2% stress test percentage, we are not too far off from 5.14% (benchmark rate) which does not make a dramatic difference in actual qualification scenarios for a lot of investment property buyers. It also goes without saying that for some, even a minimal change to the qualifying rate may make the difference between qualifying or not qualifying. It is important to know, that as a mortgage broker, Pro Funds Mortgages does not only deal with the Schedule 1 Banks such as TD Bank, Scotiabank, and Lending institutions like First National etc. We also deal with Credit Unions, Trust Companies, Alternative Lenders, Private Lenders etc., which provide fantastic mortgage products. While the new stress test enforced by OSFI requires the federally regulated financial institutions to abide by these guidelines, provincially regulated lenders are not bound by the new B-20 Guidelines or the tougher stress test. We as a Mortgage Broker have access to these provincial lenders which offer similar products and rates as that of a bank mortgage, however are not bound by the tightened qualification criterion. We understand the importance of establishing guidelines that are designed to mitigate risk. We respect OSFIâ€™s intention to bring stability to the GTA and surrounding markets, and to the entire economic framework, however with every decision that effects a general pool of borrowers, there may be unintended consequences arising from these changes. As a leading mortgage brokerage in Ontario, Pro Funds Mortgages works creatively with our clients to offer the best available alternatives. For all your mortgage related inquiries, please feel free to contact us at info@profunds.ca or call us at 1-888-330-3866. One of our mortgage specialists will be happy to assist you. Business Investor

11289457_0718

Pro Funds Mortgages

I 3410 South Service Rd. Suite G5, Burlington, Ontario L7N 3T2 I 1.888.330.3866 I info@profunds.ca I www.profunds.ca

Mazhar Roshan Sales Representative

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

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905.929.9800 647.609.9463 905.574.6400

HomeLife Professionals Realty Inc.

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.

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DOLLAR STORE - $79,900

FOR LEASE $ 8,200.00 PER MONTH

FOR LEASE – HAMILTON - $ 3,000.00 PER MONTH

FOR LEASE

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.

Very busy location close to QEW, Home Depot & all other commercial businesses. 400 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.

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BURLINGTON FOR LEASE

D 0 SOL 50,00 1,2 $ R

FO 2000 sq. ft. on lower level for storage

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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

NEED TO SELL YOUR BUSINESS OR COMMERCIAL PROPERTY? THIS SPACE IS FOR YOU! CALL FOR DETAILS 11G COM

investment

Canadian business owners confident SMEs plan to boost investments to $140.5 billion in 2018

igher-than-expected economic growth in 2017 will fuel Canadian business confidence this year, leading to a jump in planned investments by small and mid-sized enterprises (SMEs), says a recently released study from the Business Development Bank of Canada (BDC). The findings reveal SMEs plan to make $140.5 billion in investments in 2018, a three per cent increase over 2017, mainly to support their growth.

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“The findings are very encouraging because SME investment is critical to Canada’s economic health” AN IMPORTANT SHIFT IN INVESTMENTS: MORE ON HUMAN CAPITAL, LESS ON BRICK AND MORTAR

According to the study, the lack of qualified personnel is the leading obstacle to making investments, with chronic labour shortages especially pronounced in rural Quebec and Nova Scotia. However, spending on R&D and employee training will rise by a total of $2.4 billion this year, reflecting a longterm shift in the way Canadian businesses invest. These investments have increased every year since BDC began conducting its survey on investment intentions in 2015. Moreover, the findings are supported by Statistics Canada research that shows investment in intangible assets such as intellectual property, R&D or employee training has increased at a faster pace than investment in equipment and building over the last 30 years. Lack of funds generated by the business and risks associated with investment projects are other leading reasons for not investing. The BDC study also found: The upswing is due largely to a surge in business acquisition plans, a long-expected trend driven by Canada’s aging population and the retirement of baby boomer entrepreneurs. Business owners expect to spend 79 per cent more on acquiring other businesses in 2018, or $18.9 billion, up from $10.6 billion in 2017. “The findings are very encouraging because SME investment is critical to Canada’s economic health,” says Pierre Cléroux, vice-president, research and chief economist at BDC. “These businesses make up 99.7 per cent of all Canadian companies. When they invest, they become more productive and competitive and can offer higher wages and benefits.” By region, British Columbia and the territories (17 per cent planned investment increase), Alberta (up 12 per cent) and Quebec (up 11 per cent) have the brightest investment outlooks, while Ontario businesses expect to trim investments by one per cent in 2018 and other regions anticipate steeper drops.

• Sustaining growth was the top-cited reason for investing in 2018, followed by boosting the value of the business and keeping pace with the competition. • Among sectors, technology (up eight per cent) and services (up seven per cent) show the highest growth in investment intentions, while manufacturing is flat and a decline is expected in the construction and resources sector (down 14 per cent). • Nearly half of mid-sized businesses (those with 100 to 499 employees) plan to invest to increase automation in operations, while only a quarter of businesses with less than 100 workers plan to do so. • Businesses that invest more expect higher sales growth. Of SMEs that forecast revenue growth of 20 per cent or higher in 2018, 85 per cent plan to invest. BDC’s third annual study of SME investment intentions is based on a survey conducted in August and September 2017 by the research firm SOM. In total, 4,019 business owners participated.

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investment

GTA office leasing market tight in 2017 More availability and favourable rental rates in suburban areas

s the second quarter and last half of 2017 ended, the Greater Toronto Area (GTA) office leasing market continued to operate under tight conditions â€“ especially in the downtown and midtown markets, according to an Avison Young second quarter 2017 office market report released last summer.

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The suburban market continued to offer tenants a variety of space options at favourable rental rates. Owing to another strong performance by the downtown market and ongoing demand for class A product, GTA occupancy increased by 530,000 sq. ft. during the second quarter. New development kept any decrease in the overall availability rate at bay, as it remained unchanged (11 per cent) from the first quarter; however, it is down 40 basis points (bps) from one year earlier. On the other hand, the vacancy rate across all building classes trended lower yet again, falling 10 bps quarter-over-quarter and 60 bps year-over-year to 7.2 per cent – a rate not seen since the fourth quarter of 2011. Six buildings, comprising 1.2 million sq. ft. (msf), were completed during the quarter, raising the GTA’s office inventory to more than 180 msf. Another 25 office buildings totalling 6.4 msf (46 per cent preleased and equating to 3.6 per cent of existing stock) are confirmed or under construction, with the overwhelming majority (83 per cent) downtown. The catalyst for the entire region remains Toronto’s downtown market, considered one of the most dynamic leasing markets in North America – displaying historically low vacancy, robust demand, limited large blocks of contiguous available space, rising rental rates and a steady delivery of new supply (about one msf annually since 2009). The second quarter will be remembered for a big development (and lease) announcement: Ivanhoé Cambridge and Hines’ announcement that CIBC has leased up to 1.75 msf as the anchor tenant in the $2-billion, 2.9-msf, two-building complex (branded CIBC Square) at 81 and 141 Bay St. – scheduled for completion in 2020 and 2023, respectively. This came on the heels of the first quarter’s speculative construction announcement from Cadillac Fairview (with the Ontario Pension Board) of its $479-million, 32-storey, 879,000-s.f. office tower at 16 York St., scheduled for completion in June 2020. Meanwhile, existing or pending backfill space (mostly class A) resulting from tenants relocating to new developments is leasing quickly. Notable new leases included Norton Rose Fulbright (98,000 s.f.) and RBC (78,000 s.f. ) at 222 Bay St. (former EY space), and Amazon (112,000 s.f.) at Scotia Plaza (former BLG space). At the same time, landlords are locking in tenants to avoid losing them to new developments. Noteworthy renewals

included Home Capital (125,000 s.f.), Collins Barrow (63,000 s.f.) and a short-term deal by First National Financial (94,000 s.f.), with rumours of a future relocation to one of the new developments. Downtown’s overall availability rate declined 30 bps quarter-over-quarter to 7.1 per cent – its lowest point in five years – while overall vacancy remained at a historic low of 3.3 per cent. In midtown, modest gains in occupancy in the St. Clair node were offset by losses, largely in the Eglinton and (to a lesser degree) Bloor nodes. In Eglinton, TD Insurance Meloche Monnex vacated a 77,000-s.f. block at 2161 Yonge St. The building is now offering short-term deals until 2019 – implying that a potential redevelopment may be on the horizon. This block of space and the 180,000-s.f. availability at 121 Bloor St. E. are providing some relief to the tight midtown market. Midtown’s overall availability (6.8 per cent) remained unchanged quarter-over-quarter, while vacancy increased 60 bps to close the quarter at a still-tight 4.1 per cent. In other news, CNIB completed a sale-leaseback transaction for its 72,000-s.f. headquarters at 1929 Bayview Ave., in the Eglinton node. Following a strong start to 2017, Toronto’s suburban market barely managed to finish in positive territory in the second quarter, as gains in Toronto East (class A) and Toronto West (class B) were offset by losses in Toronto North (class A). Suburban availability increased 20 bps to 15 per cent, while vacancy fell 20 bps to 11.1 per cent. Noteworthy news included Franklin Templeton renewing 102,000 s.f. (downsizing by one floor) at 5000 Yonge St. in Toronto North’s North Yonge node. In Toronto East, Sony Canada’s premises (145,000 s.f.) at 115 Gordon Baker Rd. are being marketed for lease as the company is close to a deal that would see its offices relocate from Hwy. 404 and Steeles to the Consumers Road node. In Toronto West, Dream Office REIT’s ongoing dispositions changed the ownership profile in the Airport area and Hwy. 427 Corridor with the sale of more than 1.7 msf office product, including The Airway Centre (to Greater Toronto Airports Authority) and the West Metro Corporate Centre and Commerce West complexes (to Slate Asset Management). Despite double-digit availability and vacancy, almost one million sq. ft. (40 per cent preleased) is underway across the suburbs, largely located in Toronto West and North.

MARKET FACTS AT A GLANCE 3.6% 5.3 MSF 3.3% 121 3.1% $15.45 25

Office area under construction in the GTA as a percentage of existing stock Office area under construction in downtown Toronto, of 6.4 MSF over in the GTAs Overall downtown vacancy rate, versus 11.1% in the suburbs and 7.2% across the GTA GTA office buildings built since 2009, totalling 20 msf — 55% downtown Overall vacancy rate in midtown’s Bloor node Average asking net rent psf in the suburbs Office buildings under construction in the GTA 15G COM

bussinesssavvy

Q&A

with Janine Grossmann Corporate Interiors Leader, Perkins+Will, Toronto

erkins+Will workplace interior design expert Janine Grossmann discusses the use of empirical data to build offices that outlast trends COMMERCIAL INVESTOR: Renovating an office workspace can be costly. Why should a business owner or company consider investing in the design of their office space?

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JANINE GROSSMANN: Workplace design is so much more than a sleek boardroom and nice finishes. Thoughtful interiors can drive business performance; improving productivity, enhancing employee satisfaction and ultimately creating a healthy and happy work environment for employees. Even more, when design can be captured as data, the metrics help to determine the design outcomes that ultimately enhance the performance of a business. CI: People like to be trendy and to work in a trendy place. Why donâ€™t trends apply to office workspace? JG: Good designers see offices as more than just a showroom for the latest trends. While ideas like â€œsitting is the new

We use multiple evaluation methods including employee surveys (pre- and post-occupancy), in-situ analysis, interviews, visioning sessions and all-staff workshops to provide us with thousands of data points to further analyze and measure from. For Perkins+Will’s new Minneapolis Office, the firm challenged conventional workplace models. The firm’s corporate interiors team set out to do less – less walls, less fixed furniture, less energy use and no assigned seats – offering more opportunity for creativity and collaboration.

smoking” and “hot-desking” may have their merits, we’ve have found that this one-size-fits-all approach to workplace interiors just doesn’t work. Design solutions should be driven by data, not trends, and a one-size-fits-all approach to design shouldn’t override the business. CI: Isn’t the design of a space driven by some form of data? Could you be more specific about the kind you are referring to? JG: Prior to having data to back up the reason for a design outcome, we were basing our designs solely on program information and stakeholder interviews. Many times this information contained its own biases and may have also been limited; for example, a project steering committee made up of only executives. We can give our clients concrete data and research that helps them support the decisions they have made. For example, we can provide information that shows: • How spaces are being used and how often they are used • How utilization rates will impact size of real estate over time • How different teams are using their workstations and surroundings differently than intended To measure all of this and more, our Workplace Strategy team has developed an indicator, a benchmarking analytics tool that captures a wide scope of information related to corporate culture, technology tools, health, and wellbeing of employees.

From this we can identify an organization’s unique issues and create a customized design response to address them. Not only does this data-driven approach deliver the best design outcome, it equips us as designers with the hard proof to back up the dollars spent. We can clearly demonstrate the ROI to the client with measurable results. CI: As designers, how does your company incorporate this data-driven approach into your own offices? JG: Last year, we put our own firm through the paces. When it came time to renovate our offices in New York, Minneapolis, Chicago and Seattle, we wanted to use this as a platform to push the envelope of workplace design. Our workplace strategy team issued a Leesman Workplace effectiveness survey to the four offices, which measured how offices support their employees and compares results to a database of over 200,000 global respondents across a range of different industries. Each office used Leesman to obtain data about employee satisfaction pre- and post-occupancy. From this, we saw not only satisfaction levels increase postoccupancy in the new offices, but we found that because of our new design, employee performance, productivity and overall business successes increased. CI: You have applied your design principles to a new workplace for Perkins+Will’s Toronto office. What did you discover? JG: With our Toronto studio’s lease about to expire, we saw this as an opportunity to practice what we preach. To begin the process, our workplace strategy team began surveying employees to ascertain not only where we should move, but how our new space should represent us culturally, should empower and engage our employees, how it should represent our brand to our clients and should provide new ways for our teams to work more efficiently. This type of extensive data gathering yielded enlightening results. For example, we were not utilizing our space to its full potential. In fact, 40 per cent of the time, our office was unoccupied during peak utilization. Using this metric, we realized that we could decrease the studio’s real estate footprint without comprising output. This, in itself, exemplifies how data gathering can impact not only a business’s footprint but also its bottom line over time. CI: Can this sort of design benefit any office environment? JG: Gathering the metrics gives clients a well-rounded perspective of their unique organizational issues and ultimately, how design can help address them. Relying on the hard data allows us to future-proof each individual workspace, creating custom design solutions that outlast the trends of today. 17G COM

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“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

1917_DJW_4_0001

BUY/HOLD INVESTMENT APPROX. 10% CAP RATE

$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. LAND AND BUILDING

1917_DJW_3_0032

W NE

$428,888

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. 415 #6 HWY S HAGERSVILLE RM FA 8. W 8,88 L! E T N $60 CIA HO ICE SPE PR 18” 0 “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. Vendor will consider V.T.B. mortgage.

UNIT 317 - 1100 SOUTH SERVICE RD., STONEY CREEK

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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 $52,000 net operating income! Roof replaced approx. 5 years ago. Parking available for up to 10 vehicles. Appraised at $430,000. Excl. BUILDERS DELIGHT

$178,888 Double lot (15 and 16) currently zoned residential single-family with fantastic street view with some of the property bordered by natural stream. MLS #H3205683. HALDIMAND COUNTY

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

W NE

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$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.

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$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.

Commercial Team In Canada! *

The PB Team Realty

+ **

COMMERCIAL

www.PBcommercialteam.com ** Sales Representative + Broker

L XC

LIFE IS CHIC IN MARKHAM The Politis Brienza Team proudly presents Treasure Hill’s latest Markham community, Trendi Towns. Take this opportunity to register for brand new towns in the highdemand, sought-after McCowan/16th area! Chic and stylish, these urban towns feature a stunning design, aesthetic, desirable features, expert craftsmanship, over 2,000 sq. ft. and rare 2-car garage. Close to Main Street Unionville and Main Street Markham. Register today! 0916_DJW_3_0071

0916_DJW_3_0071

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

416-554-7653 KENNY BRIENZA

416-833-8840 0916_DJW_3_0071

MAIN/DANFORTH PRIME COMMERCIAL/RETAIL SPACE

ATTENTION INVESTORS! 21%+ ANNUAL RETURNS!

EAST GARAFRAXA 239 ACRES

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_0118

0916_DJW_3_0071

YORK MILLS/DON MILLS SUBWAY FRANCHISE

U CL

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

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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.

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Introducing a new member to our family.

DISTRICT PROPERTY TRUST

Create Wealth Through Real Estate Passively Reliable Monthly Income

Stable, Income Producing Properties

Targeting 6% to 7% Per Year

Tax Advantaged Income

Capital Growth

Eligible For RRSP’s, TFSA’s & Other Registered Accounts

Experienced Managers

www.districtreit.ca • 289.288.1413 3410 South Service Rd. Suite G5, Burlington Ontario L7N 3T2 Investment in District REIT is available through Liahona Capital Inc., a registered Exempt Market Dealer.