Issuu

Oct 28 - Nov 25, 2017, Volume 17 Issue 11

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! VACANT LAND LOCATED IN MELANCHTHON TOWNSHIPS

LARGE AND SMALL APARTMENT BUILDINGS WANTED D TE AN W

• Amazing location - high traffic area • Highway 10 and country road 21 • Zoned a commercial C2 • Listed on MLS X3911417 for $499,900 taking offers anytime • Some uses: drive through restaurant, gas station, auto garage, car wash...... • Fronting Highway 10 - 154.42 Sq feet. • Situated in an upcoming neighbourhood. Contact:

JACQUELINE WATSON Sales Representative

Sutton Group Tower Realty Ltd., Brokerage Phone: 416-702-5444 | Email: jwatsonhome@gmail.com

www.jacquelinewatson.ca

D E T N WA

W AN TE D

SOLD BY WINCORP REALTY INC.

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

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

MIXED USE PLAZA FOR SALE | NIAGARA FALLS

A 24/7 Real Estate Marketing Session FREE to Search Listings & Exclusive Haves &Wants

ICIWorld.com iciworld.mobi All Mobile Devices Or Install The ICIWorld App

FREE SUBSCRIPTION!

• 8600 Sq. Ft Retail/Residential Income Property • Includes: 6900 Sq. Ft. Fully Occupied Retail Space • 2 x 2 Bedroom Leased Apartments • High Traffic Corner Property • Close to Falls, and Fallsview Casino • $1.34 Million Contact: INGRID TILL Sales Representative Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage Phone: 647-971-8000 | Email: itill@cbci.ca

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

FC_4317 (COM)

-214-487 6 5 41

Society of Real Estate Brokers

PROPERTY OF THE MONTH

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

OFFICE UNIT FOR LEASE

SPACE FOR LEASE COLBORNE ST. E. BRANTFORD

FOR LEASE

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

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

$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

FOR SALE or LEASE

ATTENTION LAND OWNERS

IN STONEY CREEK

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

DOWNTOWN HAMILTON DEVELOPMENT SITE APPROVED FOR 400 PLUS UNITS.

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

1917_DJW_1_0026

WE NEED DEVELOPMENT LAND PLEASE CALL US

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

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

COM

Broker nkazan@royallepage.ca Office 905.574.3038

Broker nvbredow@royallepage.ca Office 905.574.3038

Not intended to solicit Properties or Buyers Currently Under Contract

11308425_4317

AVAILABLE

INVESTMENT OPPORTUNITIES

SOUTHWESTERN ONTARIO INVESTMENT TEAM

VALUE-ADD INVESTMENT OPPORTUNITY Cambridge, Ontario

RETAIL PLAZA INVESTMENT Waterloo, Ontario

+ 118,396 Sq. Ft. Mixed use property on 18.56 Acres + Located within 3km of two Highway 401 interchanges

+ + + +

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

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

RESIDENTIAL DEVELOPMENT LAND Kitchener, Ontario + + + +

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

INVESTMENT OPPORTUNITY Kitchener, Ontario + t ll leased of ce b ld ng + 3.13 Acres of development land + ocated n the des rable ortsworld node

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

CAMPGROUND/DEVELOPMENT OPPORTUNITY

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

LAND OPPORTUNITY Wilmot Township, Ontario

± 5.4 acres w/ potential for upwards of 140 units Zoned R-6 Includes 6 serviced townhouse lots Asking: $8,000,000 (Offers Due Dec. 1, 2017)

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

17,501 sq. ft. retail plaza on 1.335 acres hadow anchored b obe s and almart Tenants include Hertz, Shoes 22, UPS, & more. Asking $5,000,000

11284449_4317

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

INDUSTRIAL INVESTMENT OPPORTUNITY Kitchener, Ontario

+ cres sable acres + Zoned Z10 (H) + Asking $1,695,000

+ t b ld ng f ll leased + Lot Size: 0.98 acres + Zoning: B2 + Asking $1,650,000

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

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

MID RISE DEVELOPMENT SITE Guelph, Ontario + ± 1.17 acres + Medium density residential (8 Storeys) + <1 km to University of Guelph campus + ffers e ecember

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

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

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

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

URBAN APARTMENTS Kitchener, Ontario + 50 units total + an n t b ld ng f ll reno ated stab l ed in 2016 + Steps to LRT stop and numerous tech employers

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

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

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

www.cbre.ca * Sales Representative ** Broker

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

COM

SOUTHWESTERN ONTARIO COMMERCIAL OPPORTUNITIES SOUTHWESTERN ONTARIO SOUTHWESTERN ONTARIO CCOOM R CCIIAALL OOPPPPOOR R TN U INT II TE ISE S MM ME ER TU A RARE FIND

FREE STANDING BLDG

LIGHT INDUSTRIAL

ATTENTION INVESTORS LIGHT INDUSTRIAL

INCOME PROPERTY 267 9 How ard Avenue Wind sor, Ontario

Lond on, Ontario

Wind sor, ON

635 Ð Ð Ð Ð Ð

Wilton Road - Lond onacres 96,024Grove Square foot building on 6.945 Building 96,024 Various clearsquare heightsfeet - 25’ - 9 ‘ Area Power- 6.495 - 2000 acres amps / 600 volts Site Asking Zoned LI 1 $4,950,000 ($51.50 psf) And clear rew heights J ohnson * Various - 25’-9’ 519.438.8639 Easyandrew.johnson@ access to 401 with cushwakeswo.com fenced compound

Asking Price $ 4, 95 0, 000 And rewAUTOMOTIVE J ohnson * PLAZ A

1885 Blue Heron Drive - Lond on, ON Ð Near WalMart, Canadian Tire, LCBO, Winners, Golf Town, Sport Chek....etc Ð Fully air conditioned units Ð Grade loading Ð Building very well mainted Ð Units 1,2 - approximately 2,700 sq.ft.

519.438.8639 Sarnia, Ontario andrew.johnson@ cushwakeswo.com

AUTOMOTIVE Sale Price $ 1, 625 BLDG , 000 Lucan, Ontario Lease Rate $ 8.00 p sf Net

Brent Rud ell * * * 519.438.5608 brent.rudell@ cushwakeswo.com

Ty ler Desj ard ine * 519.438.5403 tyler.desjardine@ cushwakeswo.com

RESTAURANT / RETAIL

4 car wash bays 2 drive-thru oil change bays - just refreshed 1 drive-thru touchless car wash Asking $1,295,000

INDUSTRIAL LAND

Kenn Poore * * 519.438.5588 x224 kenn.poore@ cushwakeswo.com

DOWNTOWN BUILDING

Petrolia, Ontario 45 King Street - Lond on, ON

Ð Located in a building to be occupied by 300+ office workers 2017 Pkw y & River Rd Veterans Mem inorial Ð Restaurant space available across from Lond on, ON 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 Building generates nice income Ð Memorial Bright openParkway main floor adining area with room for improvement ÐÐ Convenient highway access to 401 Owner will assist with improvement 15 residential units and 3 commercial units Ð Z Allowance oned H* and LI2 / oroccupied free rent 12 rental units Asking $899,000 ÐLease ail traffic count of approp i sfatel Rate $ 19.95 Net Kenn Pooreper * * day 26,000 vehicle David 519.438.5588 J ongerd en * x224 kenn.poore@ SALE PRICE cushwakeswo.com $ 995 , 000 519.438.9125 david.jongerden@ cushwakeswo.com

Ð South London location

parking DavidÐ J Ample ongerd on-site en * 18,000 600v squarepower feet, airwith conditioned Ð 3Ð Phase several 519.438.9125 Ð Includes 5,500 sq.tf. of very nicely david.jongerden@cushwakeswo.com connection points with various finished offices And rew amperage’s J ohnson * throughout 519.438.8639 Ð Large lot with 30 car parking Ð 10 cranes ranging from 5-25 ton andrew.johnson@cushwakeswo.com

Sale/ Price 1, 7 00, 000 Ð Indoor Outdoor $ storage Ð $175,000 NOI w/excess $ 1,vacancy 5 00, 000 Gary Pollock * LAKE ERIE * FARMLAND 519.931.2174 Central Elgin, Ontario SALE PRICEcushwakeswo.com $ 2, 95 0, 000 gary.pollock@ PeterPRICE Craig * $ 2, 7 5 0, 000 NEW

519.931.2184 peter.craig@ cushwakeswo.com

And rew J ohnson, Sales Rep resentative 519.438.8639 andrew.johnson@ cushwakeswo.com

LAKEFRONT FARMLAND

Ne w

5,000 square foot building on 1/2 acre Offices, showroom, parts room, service bay ice for +/- 50 vehicles On P siterparking Asking $649,000

STRATHROY AREA

David J ongerd en, Sales Representative

519.438.9125 201 acres abutting Lake Erie david.jongerden@ 125 workable and 76 forested acres cushwakeswo.com Included is income from Bell Mobility Tower

VACANT LAND

Gary Pollock * * 519.931.2174 gary.pllock@ cushwakeswo.com

INVESTMENT

Lond on, Ontario 37 0 Alb ert Street - Strathroy , ON Ð 3,165 sq.ft. building on 7.43 acres

Ð 201 Acres abutting Lake Erie

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

Ð 125 Workable and 76 Forested Acres, as well as Potential a farmhousefor andFuture barn. Development Included is income16.58 from a Bell Mobility Tower Approximately Acres lease on the property Located in Byron outside the Urban income potential and Future 2 storey building - 8,000through sf pluslogging basement Boundary maple production Growth 100% syrup owner occupied Many income sources abound as well as future ÐÐ Great access to 400 Series highways Prime corner location development potential Excellent exposure and accessibility Ð Abutting small towns of Komoka, Asking $795,000 Kilworth and Delaware Asking Price $ 2, 300, 000 ler Desj Ð Z Tyoned AG1ard ine * $ 2, 200, 000 519.438.5403 David J ongerd en * tyler.desjardine@ SALE PRICE cushwakeswo.com $ 689, 900 519.438.9125

Ð ÐÐ ÐÐ

david.jongerden@

cushwakeswo.com

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

And rew J ohnson, Sales Rep resentative 519.438.8639 andrew.johnson@ cushwakeswo.com

J am eson Lake, Sales Representative 519.438.8548 jameson.lake@ cushwakeswo.com

19 . 43 388. .5 5 5 5 8888 5 15w w 9 . 4 w .cushw akesw o.com

w w Realw Estate .cushw akesw Owned o.com Brokerage, Independently and Operated

5 19.438.5 5 88

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

w w w .cushw akesw o.com

Real Estate Brokerage, Independently Owned and Operated A4GMember of the Cushman & Wakefield Alliance

and 3 bedroom farmhouse Asking $2,200,000 PRESTIGIOUS BLDG David J ongerd en * 519.438.9125 david.jongerden@ cushwakeswo.com

INVESTMENT

Lond on, Ontario 42917 Dex ter Line - Central Elgin, ON

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

COM

93,000 sf - free standing industrial, warehouse, Ð 93,000 sf - freestanding industrial / office facility warehouse and office facilit Located on 7.05 acres of land Ð Partially tenanted 10 cranes ranging from e 5-25 tonnes ric PAcres wtenanted NÐ e7.05 Partially with strong income stream Ð 16’-30’ foot clear NOI $215,000 / $567,000 Grossheight Income Wilton Grove - Lond on, ON Ð 1180 Various grade loading Asking $2,500,000 ($27.00 psf) Rd doors

Ð OneQ storey building / no basement 602 ueens Avenue Ð Zoned C3-4, EP Lond on, ON

systemspace installedin fringe ÐÐ Lifebreath re ier office Ð downtwon Handicap washrooms core Potential for overparking $50,000 Gross Income per year ÐÐ area On-site, free included in rent Site of approximately 0.87 acres Property taxes $12,089 Potential gross income(2016) over $142,000/yr ÐÐ Over 38,000 square feet or Potential net income over $79,000/yr ÐAsking ell wired and On-site parking atPrice the rearfinished $ 449,space 900 Asking $779,000 for single user but space ÐLease Preference Rate $ 10.00 p sf Net Ty ler Desjbe ard demised ine * may 519.438.5403 Ty ler Desj ard ine * tyler.desjardine@ cushwakeswo.com 519.438.5403 LEASE RATE $ 14.95 p sf Net

tyler.desjardine@

cushwakeswo.com

David J ongerd en, Sales Rep resentative 519.438.9125 david.jongerden@ cushwakeswo.com

CUSHMAN & WAKEFIELD

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

620-A S oRichmond u t h w eSt., s t2nd e rFloor, n OBox n t19 ario London,St., Ontario N6A 5JBox 9 19 620-A Richmond 2nd Floor,

CUSHMAN &*** WAKEFIELD London, Ontario N6A 5J 9 * Sales Representative **Broker Broker of Record Southw estern Ontario

* Sales Representative **Broker *** Broker of Record 620-A Richmond Street 2nd Floor, Box 19 11266917_4317 London, Ontario N6A 5J 9

ear

Toronto T ! EA TR EAR L C AS

• This Property is being Offered to the Market in a Bid Submission Process • Due Diligence Package to be provided upon Signing of a C.A. in Advance of Offer • Modern Windows installed in 2005 • Efficient Boiler with Tekmar System • Some Units Updated with New Kitchens & Flooring

TO W

AT N I

• 10 x Bachelor 8 x One Bedrooms 6 x Two Bedrooms 2 x Non-Conforming Bachelors • Significant Upside Potential in Rents on Turnover • Located in Ideal Neighbourhood • Upgrade Required to Fire Retrofit (to be Negotiated) • Treat Financing as Clear!

T EN LL CE IDE X S E UP

Brockville

• Asking $5,480,000 • Asking $114,167 per Suite • Located Less than 1 Hour from Ottawa and Kingston • Property has had Many Recent Upgrades including New Efficient Windows, Toilets & Thermostats • Over 50% of Suites have been Upgraded with Nice Finishes • Majority of Two Bedroom Suites are Duplex Style

MA LE RKE A T RE DING NT S

• 2 x Bachelor 5 x One Bedrooms 41 x Two Bedrooms • Significant Upside on Rents on Turnover • 5.0% CAP Rate • 12.3% R.O.I. • Existing 1st Mtg for approx. $2,776,000 at 2.42% due Nov. 2019 to be assumed • Potential CMHC 2nd Mtg and Potential VTB 3rd Available

48 Suites

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

26 Suites

NT CE RE ES Y D N A MA PGR U

North York

% 6.3 RATE P CA

Vittoria

• Asking $ 650,000

• 3 x One Bedrooms

• Asking $ 72,222 per Suite

Barrie

• Asking $735,000

Dover in Norfolk County

• 3 Bedroom Units approx. 1200 Square Feet Each! • Stainless Steel Appliances and Ensuite Laundry in Both 3 Bedroom Units • High Effic. Furnace & Hot Water Tank (Rentals) • Updated/Newer Windows, Roof and Driveway

AS TREA CL T EA R!

2 x Three Bedrooms • Tenants Pay Hydro, Landlord Pays Gas & Water • Excellent Location within Walking Distance to Downtown and Lakefront • Treat Financing as Clear • CMHC RRAP Mortgage can be Assumed or Discharged

3 Suites

• Treat Financing as Clear

9 Suites

• 1 x One Bedrooms

• Asking $245,000 per Suite

6 x Two Bedrooms

• Schoolhouse Converted to • Tenants Pay for Own Heat and Hydro Apartments in the 1980’s • Approx. 1 hour South of • Owner Managed & Well Hamilton Maintained • Backs onto City Park • Quaint Small Town Feel • 6.3% CAP and a Short Drive to Port • 16.3 % R.O.I.

34 Suites

S/ NO RE S NY ADE A M PGR U

LA SU RGE ITE S

Niagara Falls

T EN EC TS Y R EN

T AS REA CL T EA R

N EM MA ROV

IMP

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

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

• Many Recent Improvements including Complete Electrical Updating, Common Area

on Turnover • Large Bedrooms in All Two Bedroom Units

Improvements, and Suite

• 5.0% CAP Rate

Renovations

• Treat Financing as Clear!

10 Suites 8172756_4317

COM

Amazing opportunity to buy the most profitable Pita Pit franchise in Canada in Simcoe, ON! Sales of $12-$16,000/week! 20 year lease @ $1381/mth (TMI included). Ranks in the top 5% of 240 locations for sales volume! Seating for 20 inside & 20 on outdoor patio. Massive LED pylon sign at road, tons of parking & 450 sq. ft 2nd floor office. 11319122_4317

Jeff Kozak

Cell: 519-420-7858 247 CENTENNIAL PARKWAY N., HAMILTON

QEW & CENTENNIAL PARKWAY 45 GODERICH

INDUSTRIAL/RETAIL

COMMERCIAL/RETAIL/ OFFICE SPACE

OFFICE SPACE

For Lease - 2000 sq.ft. with walk in freezer $6.00 per sq. ft., formerly used as bakery.

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

Available Immediately. 1068 sq. ft. Plenty of parking and signage. Easy access to QEW. Rent from $11.00 per sq. ft.

325 BARTON ST.

3517_DJW_0023

1917_DJW_1_0028

1917_DJW_1_7007

905-777-0252 ext 304 E-mail:

info@desantis.com

www.desantis.com 6G

COM

8148088_4317

Tony DeSantis

SOLD

2717_DJW_0016

193 WATER ST S, CAMBRIDGE

$1,295,000

2317_DJW_0044

$2,800,000

• 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

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

$25 - $40/SF

4317_DJW_0020

$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

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

FROM $15/SF

1917_DJW_0071

$21/SF

3917_DJW_0013

#4 - 885 GLASGOW ST, KITCHENER

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

KITCHENER, ONTARIO

519.578.0337

CELL:

$499,900

• 2 storey brick century home on 1/2 acre • Detached 12' x 20' garage, 20' x 50' barn & 30' x 60' shop • Shop has legal non-conforming use and has been used for commercial woodworking • Available Immediately • MLS. • Call Ryan Briggs

$25.00/SF

222 KING ST. SOUTH , WATERLOO

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

$12.90/SF

50 BATHURST DR., WATERLOO 3517_DJW_0029

3917_DJW_0012

#3 - 35 CHERRY BLOSSOM RD, CAMBRIDGE

3233 ERBS RD, PHILLIPSBURG

3517_DJW_0030

1917_DJW_0031

34 BRIDGEPORT RD E, WATERLOO

• 4,200 sq. ft. auto garage • 84 ft frontage on 0.22 acre • 3 bays plus ample parking • MR-6 Zoning close to Uptown Waterloo • Land & Building only • Exclusive • Call Ryan Briggs

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

2317_DJW_0044

• 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

$1,200,000

159 ERB ST W, WATERLOO 1917_DJW_1_0029

$4,995,000

3117_DJW_0014

2317_DJW_0043

• Two adjacent bungalows ideally suited for land assembly and future development • Total 100' frontage with a depth of 155' for a total of 0.358 acre • MR-6 Zoning • Easy access to universities & public transit • MLS • Call Ryan Briggs

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

SOLD

153 UNION ST E, WATERLOO

$1,400,000

406 & 408 ERB ST W, WATERLOO

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

• 5,661 sq. ft. Office Space • CAM & taxes $4.25/sq. ft. • Excellent visibility. • Available May 2018. • MLS. • Call Rebecca Rawlings

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_4317

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

$8,409,000

3917_DJW_8029

3917_DJW_0011

60 NORTHLAND ROAD, WATERLOO

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 $590,000 $24,583 per lot (based on 24 lots)

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

+ + + +

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

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

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

122.9 acre farm (± 40 acres within urban boundary) Cash flow generated from workable land & cell tower Potential to build estate home Asking: $2,600,000 ($21,155/acre)

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

4 Buildings containing 13 Units, 63 Bedrooms All units are condominium titled Walkable proximity to both UW and WLU Asking: $5,999,000 ($95,079/bedroom)

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

FUTURE DEVELOPMENT LAND Dorchester, Ontario + + + +

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

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

STUDENT RENTAL COMPLEX Waterloo, Ontario + + + +

+ 7.9 Acres + Zoning: Z-11 + Asking $3,041,500

ATTRACTIVE OFFICE BUILDING Cambridge, Ontario

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

+ Approx. 7.4 acres | 293.93 ft. frontage + Located at signalized intersection between Home Depot & Walmart + Asking: $1,899,000

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

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

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

VACANT COMMERCIAL DEVELOPMENT LAND Windsor, Ontario

INDUSTRIAL LAND OPPORTUNITY Ayr, 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

+ + + +

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

11314136_4317

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

FREESTANDING INDUSTRIAL OPPORTUNITY Waterloo, Ontario + + + +

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

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

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

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

www.cbre.ca * Sales Representative ** Broker

COM

LUXURY LIVING A AT IITS TS FINEST RECREATION AND CONVENIENCE ARE AT YOUR OUR FINGERTIPS A AT SIGN SIGNATURE A ATURE WEST

d l So

% 0 6 UT

• Kitchener, ON • Starting @ $279,900.00 • 27 Units • 1 - 2 - 3 bed units • Multi-Unit Stacked • Free Parking spot with each unit (25k value) • HST included in purchase price (38k value) • Professionally managed • Rental and condo fees secured

CALL NOW 1.226.980.9807

COMING SOON Early 2019

Built by ROi Developments Inc

COM

COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_4317

Bill Bradley

Sales Representative

416.258.6866

Independently Owned & Operated

exitwithbill@gmail.com

Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866

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.

49 ACRES OF COMMERCIAL PROPERTY – FOR SALE AN ACRE IN MILTON ONTARIO, WITH A LARGE SCHOOL OR UNIVERSITY PLANNED ACROSS THE ROAD. BUY THIS PROPERTY AND DOUBLE YOUR MONEY IN APPROX. 2 TO 3 YEARS.

LARGE APARTMENT BUILDINGS WANTED BY MY CLIENTS 150 APT. OR LARGER PLEASE CALL ME IF YOU WOULD LIKE TO SELL.

BILL BRADLEY 416-258-6866 REDEVLOPMENT PROPERTIES TO BE CHANGED AND MADE INTO LOVELY RETIREMENT HOMES BY THE BUYER. COST OF PROPERTIES ANYWHERE FROM $1,000,000. TO $10,000,000.

BUY AN OPERATING RETIREMENT HOME THAT HAS BEEN IN BUSINESS FOR A FEW YEARS AND SHOWING A GOOD PROFIT. PRICES DEPENDING ON THE NUMBER OF UNITS THAT ARE IN THE BUILDING OR RENTED. SHOWING A GOOD RETURN ON YOUR MONEY.

CALL BILL BRADLEY 416-258-6866

10G COM

SELLERS OR BUYERS ONLY

Volume 17 Issue 11

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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Commercial Real Estate & Business Opportunities

Volume 17 Issue 11

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Special Features 6 MARKET MINDED — 2017 Year of Synchronicity in Global Growth: Scotiabank Economics Global Outlook 14 IN THE NEWS — Mortgage Professionals Canada reacts to federal government’s adjustment to proposed small business tax code changes 16 IN THE NEWS — Commercial Emerge Conference brings prominent industry leaders to London 20 MARKET MINDED — Canada’s growth leaders 34 TREB REPORT — GTA Realtors release commercial market figures 37 IN THE NEWS — CFIB applauds federal government decision to back away from capital gains proposal 40 INSIDER INSIGHT — Southern Ontario commercial real estate in high demand, but is cap rate compression over? by By Roelof van Dijk 44 IN THE NEWS — Monetary policy data dependent given unknowns in inflation outlook, Bank of Canada Governor Poloz says

GLOSSY SECTION EDITORIAL 12G IN THE NEWS — Investors continue to diversify portfolios, pursue prime assets in key markets 14G LEGALLY SPEAKING — Commercial lease agreements: Why landlords need lawyers by Jayson Schwarz

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Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 11

www.teammilovick.com

519-745-7000

Grand Valley Realty

BROKERAGE INDEPENDENTLY OWNED AND OPERATED

Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9 B.B.A., CCIM, Broker mike@teammilovick.com

Jennifer Shingler

11298911_4317

Mike Milovick

fax: 519-489-1333

Sales Representative jenn@teammilovick.com

www.TeamMilovick.com

Invest in Ontario’s Number 1 Town Today! Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 8 COLUMBIA STREET WEST, WATERLOO

379 ERB STREET WEST, WATERLOO

D L SO

R E D UN ER F F O

1,799,000

• $170,000+ Annualized Gross Income • Purpose built, student 7 plex apartment building • One block from WLU, two blocks from UW • New, pitched roof, multi-level four bedroom units • MLS® 2317_DJW_0026

1,160,000

3917_DJW_0032

317 SPRUCE STREET, WATERLOO

29 MARSHALL 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

2717_DJW_0013

18 CULPEPPER DRIVE, WATERLOO

D L O S

580,000

• $50,000+ Annualized Projected Gross Income Available Here! • Strong positive cash flow with 20% down. • Spacious duplex with large, purpose built addition! Almost like two houses for price of one. • Six rooms rented to end of August, 2018. Two rooms rented to end of April, 2018. • This is the ideal opportunity for student investor that seeks security in a AAA location or parent buyer looking to make money while kid is going to school. 3917_DJW_0033 • MLS®

1-12 BRIDGEPORT ROAD E, WATERLOO

D L SO

• $32,400+ Potential Gross Income available here! Turn key! • Designed with student living in mind. Rental licensed, Class Z5 Premium license - City approved. • One year lease in place until end of August 2017, four tenants pay $550 inclusive, one tenant pays $500 with owner generating an additional $50 a month for parking. • Great opportunity for parent with kid going to school or investor seeking turn key income. • MLS®

419,900

• $124,000+ Annualized Gross Income Available Here! • Super clean, entry level student apartment building. • Seller has spent tens of thousands of dollars on recent improvements New furnace (January 2016). • Plenty of parking - with easy access in and out of lot. • Historically strong cash flow. Better than brand new with ownership pride evident! • Close to UW, Uptown, and on bus route. • MLS®

• Rental licensed, duplexed home with upswing for savvy investor! • Equipped with a rare Class D2 license for five rental bedrooms and a Class A license for three rental bedrooms. • Opportunities to increase income through higher rents and full occupancy by doing aesthetic upgrades • Choose your own tenants and income for September!. • 15 minute walk to University of Waterloo, Waterloo Park and Uptown Waterloo. Close to transit. 3117_DJW_0012 • MLS®

314,900

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1917_DJW_0018

marketminded

2017 Year of Synchronicity in Global Growth: Scotiabank Economics Global Outlook within countries, the foundation remains for solid global performance through at least 2018, though geopolitical risks continue to dominate.” There are now tangible signs that firms have joined households in contributing to the recover in most countries, and capital spending in the more advanced OECD countries is expanding at a pace not seen in over three years. This is a welcome development given the general weakness of business investment in companies globally since the GFC. This turnaround in investment appears to reflect a number of powerful factors, such as a rise in confidence as ISM indicators are at multi-year records, the still low cost of capital, and the general increase in trading partner activity. Highlights of Scotiabank’s Global Outlook include: • CANADA: Growth is expected to hit 3.1 per cent during 2017 before slowing to 2.0 per cent in 2018 and 1.5 per cent in 2019 as tailwinds from busy Canadian consumers begin to wane.

lobal growth is strengthening as policy stimulus in some advanced economies is unwound. This is a confirmation of the narrative building throughout the year, in which the sources of growth have been broadening across and within countries.

“For the first time since the Global Financial Crisis (GFC), all 45 industrialised OECD countries are set to expand,” said Jean-François Perrault, Senior Vice President and Chief Economist at Scotiabank. “Given the breadth of growth geographically and its increasing diversity

• UNITED STATES: The U.S. economy is forecast to hit 2.2 per cent year-over-year (yoy) in 2017, before plateauing in 2018 at 2.3 per cent and decelerating to 1.7 per cent yoy in 2019. • MEXICO: It is too early to determine the likely effects of terrible September earthquakes on the Mexican macroeconomic landscape, but they are expected to be relatively small. • UNITED KINGDOM: The Bank of England will likely deliver a rate hike in November. Moderate tightening is expected to be delivered during 2018, helped by accelerating growth and wage inflation in the new year. • LATIN AMERICA: As political situations improve in some countries within the LatAm region, such as Brazil, Colombia, and Chile, the economic performances suggest a gradual recovery. • CHINA: China is set to remain among global engines of growth, yet real GDP gains will likely decelerate to six per cent yoy by the end of 2019. Read Scotiabank’s Global Outlook online at: http://www.gbm.scotiabank.com/scpt/gbm/ scotiaeconomics63/globaloutlook.pdf Visit scotiabank.com and follow on Twitter @ScotiabankViews.

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Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 11

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

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

PHONE: 519-743-5211

909 SF · $800/mo. · MLS:30560474 · Kitchener 1,184 SF · $16.00/SF · MLS:30538507 · Kitchener R E TA I L / O F F I C E Low cost oﬃce space. Utilities extra. Gary Boudreau* Drive up retail unit with signage on Highland Rd. COLDWELL BANKER COMMERCIAL 13,600 SF ∙ $12.95/SF ∙ MLS:30569307 Centrally 1,413 SFlocated ∙ $2,200/Mth ∙ MLS: on high traﬃc road 30516996 in a high C ES E FROERTASIAL L/ EO/FLFEI A residential Strongortenant MLS:30535669 Kitchener density SF · $16.95/SF Kitchener ∙ O i e ·spa e with large· windows Kitchener ∙ reatarea. lo ation edi support. al use PETER BENNINGER REALTY,1,824 BROKERAGE

FOR SALE/LEASE

New Visibility, FreeHigh on-site parking. High Building, exposureHigh street rontage xposure in 508 RIVERBEND DRIVE, KITCHENER, ON. John Hoffman*/Gary Boudreau* 1,740 SF · $32.00/SF · MLS: 30554732 · Waterloo hi-te h orridor Steve Gerakopulos* Former restaurant/bar located in University District. PHONE: 519-743-5211 1,197 SF · $14.00/SF · MLS: 30558849 · Waterloo 1,102 parking. SF ∙ Corner $22.00/SF 30603112 On-site Unit. ∙ MLS: Lester Tobin* 390 SFin ∙corner $850/Mth. ∙ MLS: 30555731 Located building at King St ronting on Erb Waterloo ∙ High tra lo a on neighbouring St. Ample parking nearby. Tobin* Kitchener o ated tl behind Lester i er 3,100 SF · $10.00/SF · MLS: 30543869 · Waterloo 909 SF · $800/mo. ·dire MLS:30560474 · rand Kitchener E TASobe I L /sO F Falmart I C E Shoppers Hospital tenants inRlude er espace. t orUtilities medi al praGary titioner loo Medical office space High exposure & traffic. Ample Low cost office extra. Boudreau* 388SF · $895/Month · MLS: 30557365 · Waterloo

eer Store im Horton s and man morepublic On ing or short term o upan onsite freeFparking, large close O R SConestoga A L Ewindows, /College L E ALester SLester E toTobin* Utilities Included. Finished private Chris oﬃce.Kolednik** 2nd oor. site driUniversities e up par &ing transit, Tobin* 1,824 SF · $16.95/SF · MLS:30535669 · Kitchener

Ac. · $4,100,000 Waterloo 22,383 · ∙2.69$1,625,000 10,000SFSFSF ∙ MLS: ··30588359 1,740 · $32.00/SF · MLS: 30554732 Waterloo Purpose built office building, located at lolocated atedconveniently Oin University e uilding near Breslaurestaurant/bar ∙ Centrall Former District. a high pro le intersec on. Currently nished for On-site parking. Corner St Unit. ui a Lester Tobin* hw and ountain ess to professional office user, but presents an ideal Cambridge uelph conversion ew pla a abu ng this opportunity and for medical or complete 3,100 SF · $10.00/SF · MLS: 30543869 · Waterloo propert is being de into a ommunit redevelopment for eloped increased density. Medical office space High exposure & traffic. Ample PeterBoudreau**/Gary Benninger**/Chris Kolednik** pla a free parking, James Boudreau* onsite large windows, close to public

Large window provides lots of natural light. Sept 1/17 New Building, Visibility, Free∙ on-site parking. 30,359 SF High 1,363 SF Mezz 2.71 .(+/-) possession. ColinAc Vogel* John Hoﬀman*/Gary Boudreau* $3,450,000 ∙ MLS#30582126 ∙ Waterloo · MLS: 30502665 · Kitchener∙ 1,488 SF · $26.00/SF ro essionall nished o ofe30558849 spa e Hallman ue and de 1,197 SF · plaza $14.00/SF · MLS: · niWaterloo New retail on corner Fischer Located corner at-King ronting Erb Seabrook Highbuilding exposure highSttraﬃc. Ample on sign w insDr. -lighted hallwa man s on lights St. Ample parking nearby.an exe u e Lester Tobin* site drive-up parking. throughout eatures boardroom

w adSFoining it henette atering man 388SF · · $895/Month · MLS: or 30557365 Waterloo 890 $1,890/Mth. 30557318 · Kitchener

smaller Included. boardrooms it henettes hange Utilities Finished private oﬃce. 2nd room oor. transit, Universities & Conestoga College Lester Tobin* Great Basement space behind grand river hospital

30,359 SF • 1,363 SF Mezz. • $3,450,000 • Waterloo 5,800 SF ∙ $725,000 ∙ MLS: 30599428 ∙ Ayr 2.71 Ac.(+/-) Professionally nished office space. 2.69 Ac. · to$4,100,000 Waterloo 22,383 SFat · the o ateddesign gatewa rban &r· many deal skyor Unique with sky-lighted hallway Purpose built office building, conveniently located at o ethroughout. et or plaFeatures e o worship Colin Vogel* boardroom lights an execu ve a high pro le intersec on. Currently nished for w/adjoining kitchene e for catering, many smaller professional office user, but presents an ideal es, change room30595092 & shower boardrooms/kitchene 830 SF ∙ $1,250/month ∙ MLS: opportunity for medical conversion or complete facili es. Colin Vogel*/Peter Benninger**/ redevelopment increased density. Waterloo ∙ reat for o e spa e w own entran e Chris Kolednik** Peter Benninger**/Chris lo ated in ptown an hored b Kolednik** State arm

nsuran Spa eSFisMezz. a small ·best MLS: 30551894 or ·• Waterloo Waterloo 1,957 SFSFe· • $22.00/SF 30,359 1,363 • intended $3,450,000 Great Opportunity gettein hat the up ground level! o eAc.(+/-) a ounProfessionally ng torm start 2.71 nished oﬃceormerl space. Many permitted uses allowed - unit divisible. Callskyfor used as a ph sio spa e Chris Kolednik** Unique design with sky-lighted hallway & many

more information! Kolednik** ve boardroom lights throughout. Features an execuChris e for smaller w/adjoining 10,000 SFkitchene ∙ ivisi le catering, ∙ Frommany $8.00/SF 3,436 SF · $26.00/SF ·es,MLS: 30554611 change room· &Waterloo shower boardrooms/kitchene MLS:30595115/5127/5133, Breslau ∙ egionall Former bar/night club in University District. On-site facili es. Colin Vogel*/Peter Benninger**/ Central O e Spa x ep Chris onal uilding drive-up parking. Highe exposure, high traﬃc. Kolednik** Lester Tobin* inishes James Boudreau**/ Gary Boudreau* 1,957 SF · $22.00/SF · MLS: 30551894 · Waterloo 752 SFOpportunity - SF 26,000 SF · From MLS: Great to get in at∙ $18.00/SF the ground· level! 25,325 ∙ $16.00/SF MLS:30584853 30529258/30529248/30529120 · Breslau Many permitted uses allowed - unit divisible. ·CallNew for Waterloo ∙ ow C s are reestanding Retail Development in a growing, underserviced area. more information! Chris Kolednik** uildingof with ingdrive-thru orth eld ed. Pad siteawith is Variety Uses High permi xposure available. Boudreau* xpresswa b James· Boudreau**/ reat30554611 par Gary ing · ra o 3,436 SF · $26.00/SF MLS: Waterloo

antas bar/night nishesclub in University District. o n o On-site an* Former 1,843 - parking. 5,947 SFHigh · $20.00/SF drive-up exposure, ·highKitchener traffic. MLS:30505595/5597· New retail on30584437 Huron Rd. Tobin* 3,058 SF ∙ $18.00/SF ∙ plaza MLS:Lester with high traffic and exposure, ample on-site Waterloo ∙ eauti ull inished o i e Centrall drive-up Lester· Tobin* 752 SF -parking. 26,000 SF · From $18.00/SF MLS: lo ated to - and uelph arge wrap around 30529258/30529248/30529120 · Breslau · New windows ix o pri o 30523827 i es meeting rooms MLS: · Kitchener 1,114 Development SF · $20.00/SF Retail in ·aate growing, underserviced area. Last unit available in centrally and open spa epermiw/high Vogel* ed. Padexposure site withColin drive-thru is Variety of Uses located retail plaza.James DriveBoudreau**/ up unit on high rd. in available. Garytraffic Boudreau* al area.∙ Traffic over high density 1,957 SF ∙ residen $15.25/SF MLS: counts 30551894 40,184 cars. StrongSFtenant support. Shoppers Drug 1,843 - 5,947 · $20.00/SF · Kitchener Waterloo ∙ reat Opportunit to get in at the abank, Swiss Chalet and many Mart, Dollarama, Sco New MLS:30505595/5597· retail plaza on Huron Rd. ground le el an permitted uses allowed more. Lester Tobin* with high traffic and exposure, ample on-site

Largeshower window provides naturalColin light.Kolednik** Sept 1/17 a ili eslots Vogel*/ More units available. Call oftoday! Chris possession. Peter Benninger**/Chris Kolednik** Colin Vogel* 390 SF · $850/Mth. · MLS: 30555731 · Kitchener MLS: 30502665 · Kitchener 1,488 SF directly · $26.00/SF Located behind· grand river hospital. Unit is 5,652retail SFplaza ∙ $14.50/SF MLS:30562379 New on corner of ∙Fischer Hallman and perfect for medical practitioner looking for short Seabrook Dr. High exposure high traﬃc. Ample on ∙ Class O ew uilding Kitchener term occupancy. Calli e Spa for e. more info! site drive-up parking. Tobin* ChrisLester Kolednik** High isibilit ree on-site par ing

John Hoffman*/ Gary Boudreau* 890 30557318 ·· Kitchener 1,071SFSF· ·$1,890/Mth. $18.50/SF ·· MLS: MLS:30558620 Waterloo Great Basement spaceinbehind grand award river hospital Main oor opportunity well known, winning More units available. Call today! Chris Kolednik** 752 SF 26,000 SF ∙ From $18.00/SF building. High traffic intersection. Seconds away from Hwy Vogel* MLS:85.30529258/30529248/30529120Colin ∙ Breslau 390 SF · $850/Mth. · MLS: 30555731 · Kitchener ew directly etail behind e elopment in hospital. a growing Located grand river Unit is 1,184 SF · $12.00/SF · MLS:30538511 · Kitchener under-serdoctors i medical ed area ariet o looking ses permitted perfect practitioner for short Turn-keyfor office. 5 exam rooms, recep on, term occupancy. info! ad site driCalle-thru ismoreaCentrally ailable e, 2 wwashrooms &forstorage. kitchene Chris Kolednik** James Boudreau**/ GaryTraffic Boudreau* located in high density residen al area. counts

over 41,000 cars. Strong tenant support, Shoppers 1,071 SF · $18.50/SF · MLS:30558620 · Waterloo abank, Swiss Chalet and Drug Dollarama, 1,843Mart, - 5,947 SF ∙inSco $20.00/SF ∙ Kitchener Main oor opportunity well known, award winning many more. building. Seconds from S High traffic intersection. ∙ ew retail plaLester a away on Tobin* Huron Hwy 85. high tra i and exposure Colin Vogel* d with on1,900 SF • $19.25/SF • MLS# ample 30543088 site dri e-up par retail/Salon ing Lester Tobin* Waterloo • Prime space in a very busy 1,184 SF · $12.00/SF · MLS:30538511 · Kitchener neighbourhood plaza. Zoning allows many uses, the Turn-key doctors office. 5 exam rooms, recep on, unit set up for a salon. Roman Ginzburg* 890is SF ∙ MLS: e,∙ $1,890/Mth. 2 washrooms & storage.30557318 Centrally kitchene located in high density residen al·area. Traffic counts· Kitchener ∙ SPACE reat asement spa e behind AAA OFFICE AVAILABLE MLS 30551734 over Strong ore tenant Shoppers grand41,000 ri er cars. a $11.50/SF ailable Call· WATERLOO ·hospital 114,033 SFunits ·support, Swiss Chalet light and Drug Sco abank, Beauti lly Dollarama, finis ed, ample parking, natural toda Mart, Chris Kolednik** many more. throughout. Divisible from Lester 21,000Tobin* SF.

James Boudreau** 22,383SFSF ∙•2.69 Ac.∙$4,100,000 1,900 $19.25/SF • MLS#∙ Exclusive 30543088 Waterloo Prime retail/Salon space busy Waterloo ∙ urpose built o in ea· very building 532 SF · •$1,050/mth · MLS:30526564 Waterloo neighbourhood plaza. allows many uses, the Newly renovated, nished on 2nd in well lo ated at a high proZoning leoffice interse on oor Currentl unit is setaward a salon. building avail. Roman Ginzburg* known, winning for sublease. nished up or for pro essional o e user presents an Large windows, plenty of natural light. High traffic ideal OFFICE opportunit or medi ·al MLS on 30551734 ersion or· AAA SPACE AVAILABLE intersec on sees almost 40,000 cars daily. 24/7 WATERLOO · 114,033 SFor in · reased $11.50/SF omplete reader rede elopment densitfor· electronic board on University Ave. Ideal Beauti lly finis ample parking, light Peter Benninger**/Chris Kolednik** professional officeed, or personal services. natural Colin Vogel* unit di isible ChrisLester Kolednik** Divisible from 21,000 SF. drive-up parking. Tobin* throughout. * Sales Representa ve Boudreau** www.coldwellbankercommercial.ca 1,071 SF ∙ $18.50/SF ∙ James MLS:30558620 975 SFBroker $17.25/SF MLS: ·30589638 · MLS: ∙30523827 Kitchener 1,114 SF Email :· ∙$20.00/SF Commercial@coldwellbankerpbr.com ** 532 SF · $1,050/mth · MLS:30526564 Waterloo ain loor opportunit· Waterloo in well Last unit available w/high exposure centrally Waterloo ∙ reat opportunit to oinina growing Newly nished office on 2nd High oor in nownrenovated, award winning building trawell i located retail plaza. Drive up unit on high traffic rd. in uni ersit area ommunit and start our known, award winning building avail. for sublease. rom Hw high density residen al area. Traffic counts over interse tion Se onds awa Large windows, plenty of natural light. High traffic business Chris Kolednik** 40,184 cars. Strong tenant support. Shoppers Drug Colin Vogel* intersec on sees almost 40,000 cars daily. 24/7 Mart, Dollarama, Sco abank, Swiss Chalet and many electronic reader board on University Ave. Ideal for * Sales Representative www.coldwellbankercommercial.ca more. Lester Tobin* professional office or personal services. Colin Vogel*

Email : Commercial@coldwellbankerpbr.com ** Broker

Tobin* GaryLester Boudreau*

800 SF · $21.00/SF · MLS:30543919 · Waterloo Main oor opportunity. High traffic intersection of University & Bridge. Seconds from Hwy 85. Colin Vogel* 1,184 SF · $16.00/SF · MLS:30538507 · Kitchener 920 · $1,999/Month · MLS: 30557358 · Waterloo DriveSFup retail unit with signage on Highland Rd. Utilities renovated, finis in ed aoffice. CentrallyIncluded. located Newly on high traffic road high 3,500 SF ∙ $6.95/SF ∙ MLS 30596472 2nd oor,residential 4 large windows abundance of density area. provide Strong an tenant support. Waterloo o atedofinunitorth aterloo minutes natural light.∙ Portion is vacant and ready for Lester Tobin* occupancy. rom ni ersities xisting S Colin o Vogel* o ie 800 SF · $21.00/SF · MLS:30543919 · Waterloo loor drains dri e in shipping doors Main SF oor· opportunity. High traffic intersection of 1,114 $12.00/SF · MLS:30524639 · Kitchener Stevefrom University Bridge.prac Seconds Hwy oners toGerakopulos* take over85.a Looking 1-2&general Colin Vogel* 4 fully medical office of a re red doctor. Includes 50,000 SF ∙ 3.87 Acres ∙ $2,895,000 equipped exam rooms, built in recep on area, 920 SF · $1,999/Month · MLS: 30557358 · Waterloo MLSng30590407 ∙ BrantfordLocated ∙ Outdoor Storage room & washrooms. in busy retail wai Utilities Included. Newly renovated, finis ed office. plaza with a Shoppers Drug Mart. Lesteror Tobin*a ermitted n ome in pla e 2nd oor, 4 large windows provide an abundance of user inlight. estorall oflisting agent and or ready in ome natural Portion is vacant for 5,652 SF · $12.50/SF · unit MLS:30562379 · Kitchener detailsBuilding, High Visibility, Steve Gerakopulos* occupancy. Colin Vogel* New Free on-site

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

parking.. John Hoffman ar o reau* 1,114 SF · $12.00/SF · MLS:30524639 · Kitchener TRANSPORTATION TERMINAL FOR SALE oners to FOR take ·over a Looking prac PROFESSIONAL OFFICE LEASE 18,000 1-2 SF ·general 2.25 Ac · SPACE $3,050,000 MLS: doctor. Includes 4 fully medicalSFoffice of a re •red 1,800 • $15.00/SF MLS# 30564411 •Waterloo 30577766 · Guelph · reestanding ru equipped exam on rooms, built recep ononarea, Good Exposure Erb St. Unitin features site erminal ull en ed wlarge ele troni gates ng room & washrooms. in busy retail wai parking, 4 private offices andLocated open work or inutes the Drug Mart. eing Roman SoldLester with S plaza with space. arom Shoppers Tobin* classroom Ginzburg*

Steve Gerakopulos*

5,652 SF SF · · $12.50/SF 1,413 $12.00/SF ·· MLS:30562379 MLS: 30516996 ·· Kitchener New location Building, High use. Visibility, Gary Free on-site Great for Medical 10-20,000 SF ∙ $4.41/SF ∙ Boudreau* Exclusive parking.. John Hoffman ar o reau* 839 SF · $12.00/SF · MLS:KW1537515· Kitchener ∙ Ceiling height lear Kitchener x PROFESSIONAL OFFICE FOR LEASE Finished foron medical service low loading office do great doors eSPACE or &ele atoruse. alarm 1,800 SF • $15.00/SF •Waterloo common on • MLS# transit30564411 exis ng s stem fees, sur eillan e St. sUnit stemroute,sprin lers Good Exposure ErbStop, site tenants include on Short KW features Gaming, on Curves, washrooms Lester Tobin* parking, 4& private open work or more. offices and largeGary Boudreau* Sco abank classroom space. Roman Ginzburg*

9,360 SF ∙ $6.50/SF ∙ MLS: 30501592

1,413 SF · $12.00/SF · MLS: 30516996 · Kitchener I N D U S T∙ R I A Ls/ WAdoR EGary HO U Sarea E Kitchener shipping Great location for Medical use. Boudreau*

s o i e w dri ers area new doors bright

FOR LEASE/SALE

839 Kitchener spa SF e · $12.00/SF · MLS:KW1537515· John Hoffman* Finished office great for medical & service use. low common on route, exis ng 30,000 SF SFfees, 6.82transit Acres ∙ $1,499,000 16,217 · on $875,000 · MLS: 30552428 tenants include Short Stop, KW Gaming, Curves, New Hamburg · ∙ Well locatedPikejust 7, 607 Little Bayoff Rd.hwy Lions MLS:30574802 abank & more. Gary Boudreau* Sco well land. Head, built ON. ∙building re iouson use 2wasacres manu of a turing Ceilings from 13’ - 18’ clear. John Hoffman*

High ower ailable High Ceilings Ioogle N D Uddress S T R IorA Lar/ WA E H OEric U Frey* SE eting Rideo

LIGHT INDUSTRIAL WITH RETAIL EXPOSURE 15,520 SFF ·O$5.50/SF R L E A·SFLondon S E / S ·AMLS: L E 30544783∙ 11,000property SF + 1,850 Corner with high Bungalow traffic. ZoningHouse permits many uses.∙ Ample on-site Lester $899,000 117 East Rd. parking. Lions Head, ON.Tobin* MLS: 16,217 $875,000 · MLS: 30552428 30574746SF ∙ · an uses permitted ossible 7,909 SF ·row $5.25/SF ·located MLS: 30555069 · Ayr New · OpWelloutube just off hwy 7, edi Hamburg al ropert ddress Secondsbuilt to hwy #401. Good industrial well on clean 2 acres of space. land. or ar etingbuilding ideo Eric Frey* Boudreau**/Gary Ceilings from 13’James - 18’ clear. JohnBoudreau* Hoffman*

* Sales Representative LIGHT INDUSTRIAL WITH RETAIL EXPOSURE Cambridge or total ·spa e or ·pri eBroker per unit 15,520 SF · ∙ $5.50/SF London MLS: 30544783 ** Corner traﬃc. as Zoning permits units property i isible with to high as small S many uses. Ample Lester Tobin* arehousing Ser on-site i e a sparking. ight anu a turing ,

ivisi le ∙ $6.50/SF ∙ MLS 30590407

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_4317

Please say you saw it in The Commercial Investor

** Broker

* Sales Representative ** Broker

Volume 17 Issue 11

9 Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

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

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

4,393 SF · $359,000 · MLS:30546489 · Kitchener LAND FOR SALE Ceiling height 13’ clear . (2) 8’ x 8’ loading dock doors Established franchise available in high traffic COLDWELL BANKER COMMERCIAL conveyor, elevator, alarm system, surveillance 66.58 Acres ∙ $2,250,000 ∙ EXCLUSIVE location tenant support. 160 seats. Full 4,393 with SF great ∙ $359,000 ∙ MLS:30546489 system, sprinklers, washrooms. Lester Tobin* 7.4 available. Tobin*in PETER BENNINGER REALTY, BROKERAGE Acres ∙ · Under EXCLUSIVE Waterloo Cambridge consideration ·to change OP training Kitchener ∙ Established franchiseLester available Large scale toredevelopment opportunity with high traffic location with great tenant support. designation industrial. Peter Benninger** 508 RIVERBEND DRIVE, KITCHENER, ON. income over $800 k. Close to both 3,500 SF · $199,000 · MLS:30539427· Waterloo 9,360 SF · $6.50/SF · MLS: 30501592 · Kitchener current annual 160 seats. Full training available. Lester Tobin* DOWNTOWN KITCHENER BUSINESS 7,699 sf 16 dock shipping area. 1,661 sf office Universities. Bill Halpenny* Prime location in Waterloo’s University District. PHONE: 519-743-5211 w/drivers area, new space! HIGH DENSITY MIXED USE DEVELOPMENT Liquor license for 15 people. High Income/High Sales AND BUILDING FOR doors, SALE ∙bright $1,250,000 low SF rent.∙ $89,000 ∙ EXCLUSIVE Lester Tobin* 1,280 ∙ Kitchener 3.25 Ac EXCLUSIVE· ∙ Cambridge Kitchener and Hoffman* 66.58 Ac.·∙ $4,250,000 $2,200,000· ∙ EXCLUSIVE EXCLUSIVE 4,570 SF ∙ 3 StoreyJohnComm./Res.

INVESTMENT FOR SALE

10-20,000 · $4.41/SF · Kitchener · MLS: 30512810 Building ∙SFWell established convenience store 30,400height SF · 3.09 Ac.. ·(2)$3,400,000 | $10.00/SF Ceiling 13’ clear 8’ x 8’ loading dock doors on the Main Floor w/Residential Units above. MLS: 30525493/30525439 · Cambridge New finish conveyor, elevator, alarm system, ·surveillance Located in theinsulated Heart ofpanels, Downtown Kitchener, to food sprinklers, grade, someLester equipment, system, washrooms. Tobin* immediately adjacent the City Centre spiral freezer,4 docks toRoom to expand. John Redevelopment project just steps from 9,360 SF · $6.50/SF · MLS:and 30501592 · Hoffman* Kitchener 7,699 sf 16 City dockHall, shipping area. 1,661 sf office Kitchener’s minutes to the transit hub, w/drivers area, newshopping, doors, restaurants bright space! trendy downtown & I N V E S T M E N T F O RJohnSHoffman* ALE

Peter Benninger **

cafés.

30,400 SF · 3.09 Ac. · $3,400,000 | $10.00/SF

STUDENT RENTAL/ RE-DEVELOPMENT MLS: 30525493/30525439 · New ﬁnish STUDENT RENTAL/ · Cambridge RE-DEVELOPMENT $685,000 Waterloo ∙ MLS: 30564031 ∙ 0.15 Ac. to food grade, insulated panels, some · equipment, $685,000 · ∙Waterloo · MLS: 30564031 0.15 Acres spiral freezer,4 docks Room student to location. expand. 4 bedroom bedroom building ∙ Prime rental 4 building · Prime student rental John Hoﬀman* Ideal student site. Currently 4 location. Idealre-development student re-development site. bedroom Currently

4(student) bedroom rental (student) property. rental Lester Tobin* property. Lester Tobin INVESTMENT FOR SALE *

MLS: 30552610 · $ 4 , 2 5 0 , 0 0 0

· Listowel

975 SFin ∙South $385,000 MLS: 30589310 Located Western∙ Ontario, this European∙ owned motelFantastic for the Opportunity last 30+RE-DEVELOPMENT years four Waterloo∙ foroﬀers the savvy STUDENT RENTAL/ seasons of· Waterloo business ·with consistent year $685,000 MLS: 30564031 ·Investment 0.15 Acres business investor. HANDS OFF income round. Call for more details! 4 bedroom building rental location. Opportunity. Great· Prime spacestudent to runChris yourKolednik** business Ideal student re-development site. Currently 4 Chris Kolednik**

from.

Frontage gateway to to 4,393 Under consideration change at SF · $359,000 · MLS:30546489 · Kitchener Well established business since the 1970’s. High LonA2Nmajor D toFstreets O R SOP Athe Ldesignation EBenninger** EXCLUSIVE CAR WASH BUSINESS FOR SALEin · high industrial. Peter traffic downtown Kitchener. Excellent access to Hwy Established income-high franchise sales. Noavailable franchise. Owner will Brantford · Full service, fully automated car wash in location with great tenant support. 160 seats. Full 401 via Hwy 8 Directly on proposed light rail major train. Lester Tobin* area. Lester Tobin* DEVELOPMENT LAND FOR S A L E trainingtraffic available. Lester Tobin* 7.4 Acres · Peter EXCLUSIVE · Waterloo Vogel* 3transit . 5 8 Aroute. c . · $875,000 · Benninger**/Colin MLS : 30506497/30506504 Large scale redevelopment opportunity with 1,549 SF · $139,000 · MLS:30514064 · Waterloo Conestogo · Backs onto forested area. Excellent 3,500 SF · $199,000 · MLS:30539427· Waterloo current annual income over $800 k. Close to both Take outlocation and delivery chicken wing franchise District. located 66.58 Acres ∙opportunity. $2,250,000James ∙ BillEXCLUSIVE redevelopment Boudreau** Prime in Waterloo’s University Universities. Halpenny* in Waterloo’s District. Full training license forUniversity 15 people. High Income/High Sales Cambridge ∙ Under consideration to change OP Liquor 6.60 Ac. (+/-) Commercial/Retail · 2.94 Ac. provided. Lester Lester Tobin* Tobin* 66.58 Ac.· $2,200,000· EXCLUSIVE Cambridge and low rent. designation to industrial. Peter·Benninger** (+/-)Residential· $1,000,000 Per Acre · Exclusive TRI-PLEX WITH SOLAR INCOME FOR SALE Under consideration to change OP designation to Tremendous Opportunity on major arterial road. 1,280 · MLS: 30554091 Kitchener SF · $89,000 CAR WASH BUSINESS SALE · ∙· EXCLUSIVE $699,900 ∙ MLS: FOR 30602980 Kitchener industrial. Peter Benninger** 6.60 Ac. (+/-) Commercial/Retail ∙ Exclusive Considerable exposure along Ottawa St. Concepts Brantford Well established business the 1970’s. High · Full service, fullysince automated car wash in Triplex with additional $6,000/year Solar for res portion incl. 140 stacked town homes or a arterial willTobin* train. income-high sales. No franchise. Owner traffic area. Lester DTremendous E V E L O P M E Opportunity NT L A N D on Fmajor OR S A L E major income. Large 3 x 2 Bedroom Units. Large 2 car 134 retirement homes or environment. a 134 unit Lester Tobin* established 3road. . 5 8 unit Ainc . · an $875,000 · MLS :urban 30506497/30506504 retirement facility. Peter Benninger** 1,549 rear plus· MLS:30514064 tool shed. · Eric Frey* Waterloo SF at · $139,000 Conestogo · Backs onto forested area. Street Excellent Considerable exposure along Ottawa in garage Hot Pot Restaurant For Sale Waterloo redevelopment opportunity. Boudreau** close proximity to the Highway 7/8. Take out and delivery chicken wing franchise located HIGH DENSITY MIXED USE James DEVELOPMENT $88,000 · 4,550 SF · MLS: 30558858 ·training Stylish in Waterloo’s University District. Full THREE TOWNHOUSE UNITS FOR SALE Peter ·Benninger** 3.25 Ac · $4,250,000 · EXCLUSIVE Kitchener underground restaurant in Uptown. No franchise. 6.60 Ac. (+/-) Commercial/Retail · 2.94 Ac. provided. Lester Tobin* $729,000in∙ Kitchener ∙ MLS 30584092 ∙ Frontage on 2 major streets at the gateway to Located hotel. Great tenant support. (+/-)Residential· $1,000,000 Per Acre · Exclusive downtown Kitchener. Excellent access to Hwy 401 3 - 3 Bedroom Units. All Units Tobin* Tremendous Opportunity on major arterial road. 1,280 SF · $89,000 · MLS: 30554091Lester · Separately Kitchener via Hwy 8 Directly on proposed light rail transit Metered Except Water. 2 Units w/Garage, 1 w/ Considerable exposure along Ottawa St. Concepts Well established business since the 1970’s. High route. Peter Benninger**/Colin Vogel* for res portion incl. 140 stacked town homes or a income-high Driveway. sales. No franchise. Owner Eric Frey* will train. 134 unit retirement or a· 134 unit For Commercial Real Estate Lester Tobin* Approx. 217 Acres · homes EXCLUSIVE Waterloo retirement facility.Being Farmed. Peter Benninger** Solutions in Canada's Technology for info pkg! Region · Currently BRITISH PUB FOR SALE Call WATERLOO Pot Restaurant Sale Waterloo contact anyFor one of our sales Peter Benninger**/Colin Vogel* Hot Triangle, For Commercial Real Estate SF ∙ $285,000 ∙ MLS: 30605541 1 ,800 DENSITY HIGH MIXED USE DEVELOPMENT $88,000 · 4,550 SF or · MLS: 30558858 · Stylish representatives, call 519-743-5211. 3.25 Ac Isle · $4,250,000 · EXCLUSIVE · old Kitchener Solutions in Canada's Technology British Public House (Pub) with world underground restaurant in Uptown. No franchise. Frontage on 2 majorand at the to LocatedTriangle, in hotel. Great tenant support. charm, contact any one of our B Uambiance S I N E S Sstreets Fcuisine. OR SLocated Agateway L E near downtown Kitchener. Excellent access to Hwy 401 Ext.Lester 3000Tobin* Peter Benninger** Uptown and Universities. Lester Tobin* sales representatives, via Hwy 8 Directly on proposed light rail transit route. Peter Benninger**/Colin Vogel* or call* 519-743-5211 Ext. 3029 Gary Boudreau 2,200 SF · $89,000 · MLS:30551440· Waterloo TRANSPORTATION BUSINESS FOR SALE For Commercial Real Estate Ext. James Boudreau ** Approx. 217 Acres · EXCLUSIVE · Waterloo Established since 1985, located in uptown core steps Peter Benninger** Ext.3020 3000 $1,200,000 · MLSand 30573316 ·Guelph · Long Solutions in Canada's Technology Farmed. for infoLiquor pkg! Regionfrom · Currently away parkingBeing new LRTCall station. Ext. 3106 Mike Flynn * Standing (29 years in business) Carrier and Triangle, contact* any one ofExt. our3029 sales Peter Benninger**/Colin Gary Boudreau Lester Vogel* Tobin* license.

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

BUSINESS FOR SALE

bedroom (student) rental property. COMMERCIAL INVESTMENT/RE-DEVELOPMENT Lester Tobin* Land: .1452 Ac. Buildings: 4,685 SF · Kitchener R E T A I L O R R E D E V E L O P M E N T ·SMLS: ITE 30555816 · $1,999,900 being MLS: · $· Bundle 4∙, 2 Exclusive 5 0of , 030 properties 0 ∙· $899,000 Listowel 1,586 30552610 SF/0.12 Acres sold as one in the Downtown Core. Current Net Located in South WesternHigh Ontario, this Location. European Kitchener ∙ Unique Lester Tobin* Income: $72,391.00 Call for details!Profile owned motel for the last 30+ years offers four Corner Lot beside farmers market. Great seasons of business with consistent income year R ETAIL O R Rsite, Efor D E V Eparking L Omore P M E N Tlot, details! S Ietc. TE redevelopment round. Call 1,586 SF/0.12 Acres · MLS:30547706 ·Kolednik** $899,000 Lester Tobin* Chris Kitchener · Unique High Profile Location. Corner Lot beside farmers INVESTMENT/RE-DEVELOPMENT market. Great redevelopment site, equipment. Minutes from the 401. Being Sold COMMERCIAL INVESTMENT/OWNER-USER PROPERTY . Lester Tobin* parking lot,Ac.etc Land: .1452 Buildings: 4,685 SF · Kitchener · MLS: 4,437 $450,000 · MLS: 30516625 · Waterloo SF · 30577766. with MLS Steve Gerakopulos* 4,982 SF ∙· $1,999,900 $1,562,500· Bundle ∙ Waterloo ∙ EXCLUSIVE 30555816 of 3 properties being Established since 1996, many locations throughout Threeasretail units one 2 bedroom apartment sold one in the Core. PROPERTY Current Net Ontario. Family style restaurant with liquor license INVESTMENT / &Downtown OWNER-USER BANQUET HALL/ FORTobin* SALE Lester Income: Call for details! w/loft.SF$72,391.00 Corner property on new LRTTobin* line. and 4,982 · $1,562,500 · Waterloo · EXCLUSIVE seating for 160 + RESTAURANT 50 on patio. Lester 8,000 SF SF,4.3 Ac ∙ $2,100,000 ∙ MLS: 30584493 Three units and & one 2 bedroom Parkingretail on-site ample parkingapartment nearby. 2,200 · $89,000 · MLS:30551440· Waterloo w/loft. line. Parking SStE AJacobs F O O D since R1985, E S T Alocated U Rrenovations A N Tin uptown F O Rtocore Ssteps ALE R E T A I LCorner O Rproperty R E D on E V Enew L O PLRT MLester EN T Tobin* S I T E Established building ∙ Extensive 2,419 SFgrounds. · $550,000 · MLS:new 30539874 · Kitchener 1,586 · MLS:30547706 and Acresample parking · $899,000 nearby. away on-site SF/0.12 parking Includes and LRT station. Liquor and from furniture/cooking business. Sellers retiring after 20 Lester Tobin* Kitchener · Unique High Profile Location. Corner Lot Profitable Lester Tobin* license. equipment. Site includes a freestanding home beside farmers market. Great redevelopment site, successful years! All equipment included. Lease is (included). Steve Gerakopulos* Gary Boudreau*/ James Boudreau** Tobin* renewable. parking lot, etc. · MLS: 30560590 Lester 975 SF · $385,000 · Waterloo · MLS: 30516625 · Waterloo 4,437 SF · $450,000 Fantastic Opportunity for the savvy business Established since 1996, many locations throughout $249,000 · MLS:30545077· Kitchener 2,548 SF · investor. HANDS∙ /OFF Investment Great Ontario. INVESTMENT OWNER-USER restaurant with liquor license 4,437 Family SF ∙ style $399,000 ∙ MLS: 30576706 1.27 Acres $880,000 ∙ Opportunity. MLS: PROPERTY 30607400 Elegant casual restaurant located in Lester Sportsworld space SF to· $1,562,500 run your business from. and 4,982 · Waterloo · EXCLUSIVE seating for 160 + 50 on patio . Tobin* Waterloo ∙ Established since 1996, many Kitchener ∙ Commercial Land For Sale. M2 Chris Kolednik** Three retail units & one 2 bedroom apartment Crossing. High traffic, high exposure. Lester Tobin* throughout Ontario.F OFamily style Zoning Corner allows many uses. more info. Slocations w/loft. property on Contact new LRTfor line. Parking EAFOOD RESTAURANT R SALE restaurant with liquor license and seating for John Hoffman* 2,419 SF · $550,000 · MLS: 30539874 · Kitchener and ample parking nearby on-site . * Sales Representa ve www.coldwellbankercommercial.ca 160 + 50 onbusiness. patio. Sellers retiring Lester Tobin* after 20 Lester Tobin* Profitable Email : Commercial@coldwellbankerpbr.com ** Broker All equipment included. Lease is Approx. 217 Acres ∙ EXCLUSIVE ∙ Waterloo successful years! Gary Boudreau*/ James Boudreau** 975 SF · $385,000 · MLS: 30560590 · Waterloo renewable.

BUSINESS FOR SALE

LAND FOR SALE

Region ∙ Currently Being Farmed. Call for info

Fantastic Opportunity for the savvy business pkg! HANDS OFF Peter Benninger**/Colin Vogel* investor. Investment Opportunity. Great 2,548 SF · $249,000 · MLS:30545077· Kitchener space* Sales to Representative 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_3917

Please say you saw it in The Commercial Investor

representatives, or call 519-743-5211. Ext. 3118 Eric Frey*

James Boudreau **

Ext. 3020

Steve Gerakopulos* MikeBenninger** Flynn * Peter Roman Ginzburg* Gary Boudreau Eric Frey* * Bill Halpenny* James Boudreau ** Steve Gerakopulos* John Hoﬀman* Mike Flynn * Roman Ginzburg* Chris Kolednik** Eric Frey* Eric BillReiner* Halpenny* Steve Gerakopulos* Lester John Tobin* Hoffman* Roman Ginzburg* Harmony Voisin* Chris Kolednik** Bill Halpenny*

Ext. 3037 Ext.3000 3106 Ext. Ext. 3103 Ext. 3029 Ext. 3118 Ext. 3120 Ext. Ext.3020 3037 Ext. 3040 Ext. 3106 Ext.3106 3103 Ext. Ext. 3118 Ext. Ext.2099 3120 Ext. 3037 Ext. Ext.3023 3040 Ext. 3103 Ext. 3117 Ext. 3106 Ext. 3120

EricHoﬀman* Reiner* John

Ext.3040 2099 Ext.

Eric Reiner*Voisin* Harmony

Ext. Ext.2099 3117

Lester Tobin*

Ext. 3023

* Sales Representative Lester Tobin* Ext.3106 3023 Ext. Chris Kolednik** ** Broker

Harmony Voisin* * Sales

Ext. 3117 Representative ** Broker

* Sales Representative ** Broker

Volume 17 Issue 11

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

519.742.7000 www.coupalmarkou.com

SALE

146 KITCHENER ST, CAMBRIDGE

SALE

287-297 KING STREET EAST, KITCHENER

SALE

88-90 WEBER STREET WEST, KITCHENER

ER D N U AC T R T N CO • Historic five plex in North Preston • All units remodeled, ESA & fire inspected • 5 units on 0.225 acres • $799,000 MLS

3917_DJW_0015

SALE

• Rare 0.102 acre investment/development site • High profile corner oat King St E & Eby St S • Existing income in place • 3,500 sq ft mixed use building • $878,000

1677 SYNDERS ROAD EAST, PETERSBURG

MLS

3517_DJW_0015

SALE

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

835 VICTORIA ST N, KITCHENER

MLS

4317_DJW_0016

138 BLEAMS ROAD, KITCHENER

SALE

D L O S • Restaurant in quaint town just minutes from KW • Currently operating as restaurant and banquet facility • 12,000 sq ft • $1,149,000 MLS

1917_DJW_1_0060

SALE

29 KING STREET EAST, KITCHENER

• High profile investment property with successful long term tenant in place • Site could accommodate a much larger building if re-developed • 5,358 sq ft • $1,500,000

MLS

3917_DJW_0016

SALE

154 SHELDON ROAD, CAMBRIDGE

• Prime development site • 220 feet frontage with existing house & outbuilding • 3.4 acres • $1,500,000 MLS

3517_DJW_0016

465 PHILLIP STREET, WATERLOO

SALE

ER U N D AC T NTR 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 2317_DJW_0031

MLS

• Freestanding Office Building • 32,591 sq ft on 2.486 Acres • Single Tenant • Long term lease remaining • $7,600,000 1917_DJW_3_0038

EXCLUSIVE

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

MLS

2717_DJW_0019

Christopher Coupal

John Markou

Theo Papadopoulos

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

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

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

CONNECT

11289418_4317

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

Please say you saw it in The Commercial Investor

Commercial Real Estate & Business Opportunities

519.742.7000 www.coupalmarkou.com

SALE

C-645 LAURELWOOD DRIVE, WATERLOO

SALE

BUSINESS OPPORTUNITY, WATERLOO

3-368 QUEEN STREET WEST, CAMBRIDGE

SALE

ER D N U CT A R NT CO • Eat-in/take-out Restaurant with 20 seats • Excellent location for owner/operator • 1,066 sq ft • $119,000 MLS

3917_DJW_0017

LEASE

25 INDUSTRIAL DRIVE, ELMIRA

MLS

LEASE

370 EASTBRIDGE BLVD. WATERLOO

1917_DJW_1_0065

94 WELLINGTON ROAD 6, ELORA

MLS

1917_DJW_3_0050

2-15 HAZELGLEN DRIVE, KITCHENER

4317_DJW_0017

MLS

3117_DJW_0028

#2 - 373 BRIDGE ST W, KITCHENER

• Retail unit with excellent visibility fronting Bridge St W • High vehicle and pedestrian traffic • 1,115 sq ft • $20.00/sq ft Net

MLS

1917_DJW_5_0021

LEASE

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

• Licensed family restaurant with 80 seats • Good start-up business with the right operator to increase sales • 2,000 sq. ft. • $169,000

LEASE

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

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_3_0031

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 1917_DJW_1_0049

• Perfect opportunity to own a Breakfast/Lunch Restaurant • Excellent sales with plenty of potential to increase revenue • Located in high density residential neighbourhood in Waterloo • 2,340 sq ft • $139,000

120-122 KING STREET NORTH, WATERLOO

• Prime Uptown Waterloo office space located across from "The Shops of Waterloo Town Square" • LRT runs directly in front of your door • 2,629 sq. ft. • $28.00/sq ft Net

EXCLUSIVE

1917_DJW_2_0051

Christopher Coupal

John Markou

Theo Papadopoulos

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

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

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

CONNECT

11287245_4317

Please say you saw it in The Commercial Investor

Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 11

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 17 Issue 11

11318198_4317

Commercial Real Estate & Business Opportunities

Brenda Creeden *Independently Owned & Operated

Business: 519-782-5505

Broker Direct: 519-495-4532 E-Mail: brenjohnston@rogers.com

Southwest Ontario

Centre City Realty Inc., Brokerage*

286 Bridge Street, Port Stanley

Great downtown commercial building extensively renovated in 2015 located in high profile location in Port Stanley, surrounded by boutiques, theatre, boaters, beaches. Currently owner occupied and licensed for 60 inside with Brew and Wine Pub endorsement. Approximately 2400 sq. ft. with additional space in basement. Three new bathrooms including one handicap. Rear access for deliveries and 2 parking spaces available. Call Brenda for more details, and your private tour.

$595,000

www.brenjohnston.com

ROY A. BOYES REAL ESTATE 519.397.0928 boyesre@gmail.com Retirement Home Esso Plaza Petro Gas Golf Golf Golf Plaza Esso Gas Car Wash Motel Retirement Home Golf Campground Campground â€“T.P.

11253208_4317

50 Rooms, One Floor, Pristine $1.4M Store, 2 Rentals, Net $150K. Ask $1.1M Wash, Sub Shop, Net $250K. Ask $2M 18, Gross $1.1M. Ask $2.7M 9, Exec., House, Ask $1.1M 27, Gross $1.7M. Ask $3.5M. Partners 3 Commercial, Duplex, Full. Ask $440K Ask $1.9M. Net $260K Asking $1.2M. Net $175K 24, Gross $150K. Ask $850K 27 Rooms, Full. Ask $1.8M 18, Gross $700K. Ask $1.5M 150 Sites, Exec House, On Lake Erie, Ask $1.5M 275 Sites, On Lake, 10 % CAP, Ask $2.2M

Please say you saw it in The Commercial Investor

Volume 17 Issue 11

Commercial Real Estate & Business Opportunities

The Sale, Leasing & Management of Real Property

GRAND BEND, ONTARIO SALE | $2,850,000.00

Southwest Ontario

2 minute walk to the beach!

COMMERCIAL BUSINESS FOR SALE

129,900

4317_DJW_0008

11319157_4317

Variety store business for sale in great Chatham location with lots of traffic. This well established business has all the amenities a variety store should have. Lotto, ATM, Confectionary, Stationary and many more. Approx. 2,100 sq ft of space. Complex offers plenty of parking. Business for sale only and inventory is extra. Lease is $2,750 + TMI per month. ATM generates approx. $500/month in additional revenue plus Lottery commission. Store is also a Canpar pickup location generating $150-$300 extra income per month.

Peter Mullins, CCIM Broker of Record

519.642.0200 200 Queens Ave. Suite 107, London, ON

This 2.2 acre corner site comprises a 14 room Hotel, with bar & dining, plus a free-standing Bar (adjacent), combined AGCO licencing to 842, log cabin residence, paved parking for 140, and private boat docks across from hotel. Call for details!

One of the Best Corner Sites in SW Ontario!

petermullinsrealty.com peter@petermullinsrealty.com 11281976_4317

inthenews

Mortgage Professionals Canada reacts to federal government’s adjustment to proposed

SMALL BUSINESS TAX CODE CHANGES

ortgage Professionals Canada is pleased that the Liberal government is listening to concerns raised by its members regarding the proposed changes to the manner in which passive investments are taxed for small businesses.

Through its recent submission to government and ongoing dialogue with the Minister, the association made specific recommendations to allow for some passive investments to be allocated under the existing rules which have been clearly heard by the Minister.

“Minister Morneau and Prime Minister Trudeau told us that they heard our concerns and are adjusting their proposals to ensure our members are not unduly impacted,”said Paul Taylor, president and CEO of Mortgage Professionals Canada. Recently, the government announced it would be lowering the small business tax rate, clarifying the rules around income sprinkling and cancelling the proposed change on capital gains exemptions. Mortgage Professionals Canada will be continuing to work constructively with the government through the implementation of these policies. Mortgage Professionals Canada is the national voice of the mortgage industry, an association whose members include mortgage brokers, mortgage lenders, mortgage insurers and industry service providers. The association represents over 11,500 individual members and over 1,000 businesses across Canada. Visit mortgageproscan.ca.

Please say you saw it in The Commercial Investor

11310678_4317

Commercial Real Estate & Business Opportunities

ROYAL LEPAGE JASON TANGORRA B /O BRANT REALTY INC. BROKERAGE

JOHN DBROKERAGE IGNAN REAL ESTATE SALES REPRESENTATIVE

(519)

771-8577

ROKER

519-759-6800

18 EASTON DRIVE

(519)

65 GEORGE STREET

WNER

209-1543

34 WELLINGTON ST.

D L O S

ING D PENFFER O $10.00 PER SQ. FT.

$2,450,000

Prime Industrial unit located in North-End near Lynden Road with easy access to Hwy 403. Ample parking available and M2 zone offers many uses. Vendor is currently rezoning property to C8. “Lease Rate to be 3517_DJW_0014 negotiated”

A beautiful 18,000 sq ft Church converted into a 44-room, fully-tenanted, largest independent dormitory, beside Wilfred Laurier’s Campus. Great investment opportunity, with a Cap rate of approx. 6.5%!

One of Ontario’s premier investment cities. This property is located in the heart of downtown, boasting approx. 16 parking spaces (subject to verification) Popular uses are apartment dwellings, offices, medical clinics and restaurants. Rent to students in the approx. 1500 sq. ft. on the second floor and run your business in the approx. 2000 sq. ft. on the main floor to be sold with property - 63 Queen St. Brantford MLS 30540171 (price reflects 1517_DJW_2_0014 both properties).

2717_DJW_0022

Apartment Building Buyer Wanted, Call Jason @ 519-209-1543

George Gicopoulos ggicopoulos@gmail.com

519-852-4458

Cell

COMMERCIAL

I made the switch, Maybe you should too! Ask me WOODSTOCK OFFICE BUILDING SALE $1,250,000 LEASE $12. NET 3517_DJW_0046

0317_DJW_0033

ROADHOUSE FOR LEASE KINCARDINE JUST OVER $4,000/MONTH PLUS T.M.I

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

ST THOMAS – MIXED USE PROPERTY REDUCED TO $695,000

THE FUTURE OF REAL ESTATE IS HERE NOW

2317_DJW_0055

Fully equipped restaurant in excellent condition in the town of Kincardine near the Bruce Nuclear Power Plant. Free standing building of about 4,560 sq ft with great signage and visibility. Rental includes all equipment. Or purchase the property with all chattels. For $975,000.

Great investment with 5 residential units on the upper floors (2-1 bdrm, 2- Bachelor, 1-3 bedroom two-storey unit), with main floor commercial tenant. Main floor tenant- Beanery Café & Eatery on a new 10 year lease. Building in good condition with many recent updates. A good solid investment with proven record and at 9% cap rate is hard to overlook.

SOUTHWESTERN ONTARIO PROPERTY & BUSINESS $1.4M 3517_DJW_0045

11318636_3917

Sales Representative

DON’T LET THIS PASS YOU BY GET IN BUSINESS FOR YOURSELF EXP REALTY IS THE ONE ZERO MONEY DOWN ZERO INVESTMENT ZERO RISK ZERO COMMITMENT ON A LONG TERM LEASE

Please say you saw it in The Commercial Investor

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

DRY CLEANING/LAUNDRY $195,000 WITH PROPERTY

About 1350 sq ft condo property. Includes set up and all equipment and contracts. Great opportunity for an entrepreneur!

FAST FOOD SUB-SHOP | $195,000

Great location and business!! 6 Days – Short hours

MID WESTERN ONTARIO RESTAURANT / PUB $599,000

Licensed for 145 inside plus patio. Long term lease. Short hours closed Sundays and holidays. 11:00 am to 11:00 pm. excellent opportunity. Very profitable operation. Sales close to $2M.

Southwest Ontario

Volume 17 Issue 11

inthenews

COMMERCIAL EMERGE CONFERENCE brings prominent industry leaders to London

n collaboration with the Ontario Real Estate Association (OREA), the London and St. Thomas Association of Realtors (LSTAR) announced its Commercial Emerge Conference held September 28, 2017 drew dozens of people across the region, featuring senior industry leaders and influencers who discussed commercial real estate and retail market trends, issues and opportunities impacting southwestern Ontario and beyond.

“There was an incredible wealth of knowledge and expertise on display today, with one of the most powerful lineups of leading experts involved within commercial real estate,”said John Geha, LSTAR CEO.“Bringing these experts together to address what’s happening in the industry helps us to manage the changes impacting the business today, and provide greater support to our members to deliver the highest value to those they passionately serve.” One of the central themes of the conference explored the trends impacting the commercial, industrial and retail sectors, as well as land development trends from several perspectives – North America, Canada, Ontario and regional. The relationship between Canada and the United States was also examined, focused on how foreign tax and the North American Free Trade Agreement (NAFTA) affect the major sectors of the market. “Changes are happening now and with London’s geographical location, we have a tremendous opportunity to further grow the city as a major regional economic engine,” Geha said.“When you consider the breakthroughs in artificial intelligence and smart technology, steady growth in the city’s tech and digital media sector, and various transportation initiatives such as the forthcoming Gordie Howe International Bridge connecting Ontario and Michigan, the momentum continues to build.” The conference featured an engaging presentation from Amy Erixon, principal and managing director of Investments for Avison Young. Erixon spoke about real estate technologies and their implications on the marketplace and how these

emerging areas can be leveraged in the commercial real estate space. More than 100 people across Ontario attended the all-day conference, including LSTAR Member Realtors, business, government and community leaders and influencers, as well as commercial and industrial industry professionals. The London and St. Thomas Association of Realtors is one of Canada’s 15 largest real estate associations, representing over 1,700 Realtors working in Middlesex and Elgin Counties. Visit lstar.ca for more information.

Volume 17 Issue 11

Commercial Real Estate & Business Opportunities

Julie WOLF

60 MEG DRIVE UNIT 3 LONDON, ON

519-246-1600 www.suttonwolf.ca

NEW, LOWER PRICE!

Broker of Record

Southwest Ontario

The Sale, Leasing & Management of Real Property

SALE: $254,900.00 Well finished modern office space, minutes to 401 and 402. 2400 sf, built out as six nicely finished offices, kitchen/lunchroom, reception, boardroom.

Own your office.

Peter Mullins, CCIM Broker of Record

519.642.0200 200 Queens Ave. Suite 107, London, ON petermullinsrealty.com

4317_DJW_0037

PRICED TO SELL!!!

Excellent Free Standing Office Building FOR SALE / LEASE. Few blocks south of Strathroy General Hospital. Minutes to HWY 402. The space includes 5 offices, reception, boardroom; large meeting room, lunchroom, and two handicap washrooms & shower room. 14 own paved parking spots. Wheelchair access. Building is well maintained and in good condition. Newer mechanical system and Life breath system installed. Site approx. 7.43 acres. Building: Approx. 3,167 square feet. Potential for expand or further develop the site. Zoning: C3-4, EP. Gross Income can be over $49,000/year. Good for tenants like Medical, Healthcare, Telecom, IT Services etc. Asking Price:

peter@petermullinsrealty.com

$429,900. Lease: $10/sf net.

11316777_4317

11319236_4317

RENATE SIEBER-SCHLEGEL Broker of Record

Land Exchange Ltd. Brokerage Independently Owned and Operated

262 Josephine St., Wingham www.remaxlandexchange.ca Office: 519-357-3332

Cell:

519-531-1177 11264376_4317

241-247 JOSEPHINE STREET, WINGHAM

3917_DJW_0043

4317_DJW_0023

• 14- Unit Residential / Commercial Income Property consisting of 2 buildings in downtown Wingham. • Long term tenants, recent renovations. Utilities are in addition. Close to shopping, banks, schools, hospital and restaurants. • Call today for more information and a private viewing • MLS#: 590259

$499,000

Please say you saw it in The Commercial Investor

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 - $14 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 - $16 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_4317

HAMILTON, ONTARIO

marketminded

Canada’s growth leaders

oronto is expected to boast the fastest-growing metropolitan economy outside of Alberta this year, and is forecast to be a growth leader again in 2018, according to The Conference Board of Canada’s Metropolitan Outlook: Autumn 2017. Meanwhile, Hamilton and Ottawa-Gatineau’s economies are on track to post solid gains this year.

“Toronto’s economy was firing on all cylinders during the first half of 2017, but growth has moderated since then and this trend will continue through 2018, as government housing market cooling policies have their desired effect. Likewise, Hamilton’s economy is enjoying strong growth this year, but slower growth looms,”said Alan Arcand, associate director, Centre for Municipal Studies, The Conference Board of Canada.“Meanwhile in Ottawa-Gatineau, many key pillars of the region’s economy are posting solid advances this year: the public sector is growing and hiring, the construction industry remains busy, and tourism is having a banner year.” TORONTO

Toronto’s real GDP is forecast to grow 3.7 per cent this year, the fourth year in a row of above three per cent growth. Next year, economic growth will slow to 2.5 per cent, topping all other metro areas in this report except Vancouver. The local construction sector has been a key growth driver. Output is on track to expand 3.9 per this year, as robust nonresidential construction activity will more than offset cooling new home construction. Indeed, after a blistering start to the year, housing market activity started to cool soon after the Ontario government introduced its Fair Housing Plan in April. The measures appeared to have had their desired cooling effect and, as such, housing starts are projected to fall an additional 4.4 per cent in 2018 on the heels of a 1.7 dip in 2017. Accordingly, overall construction output growth is forecast to ease to 2.0 per cent next year. Finance, insurance, and real estate will also feel the pinch of the housing market slowdown, as output growth is projected to decelerate from 4.8 per cent in 2017 to a still solid 3.1 per cent in 2018. Meanwhile, the export-oriented manufacturing sector is experiencing slower growth this year, as U.S. vehicle sales appeared to have peaked. Output growth in Toronto’s

manufacturing sector is set to reach just 0.9 per cent in 2017, before improving modestly to 1.4 per cent next year. HAMILTON

Hamilton’s economy is projected to grow by 2.9 per cent in 2017, before easing to 2.0 per cent in 2018. This year’s strength has been driven by strong gains in several sectors, including construction, wholesale and retail trade, personal services, and public administration. Robust non-residential investment activity will more than offset a sharp decline in residential investment, allowing construction output to grow at a rapid pace of 4.8 per cent this year. Growth is on track to accelerate in wholesale and retail trade and in personal services, as healthy employment and income gains have lifted consumer spending. Unfortunately, we think growth in all these sectors will slow next year. On a positive note, manufacturing activity is expected to bounce back next year. As well, housing starts are forecast to increase. The local job market is hot. Employment is expected to climb at its fastest rate in 14 years this year, leading to the creation of over 19,000 net new jobs in 2017. But such growth is unsustainable. As such, we expect Hamilton’s labour market to give back some these gains in 2018, with employment projected to dip 2.1 per cent, equivalent to the loss of 8,500 jobs. OTTAWA-GATINEAU

With many key pillars of Ottawa–Gatineau’s economy enjoying solid advances this year, real GDP is on track to increase by 2.5 per cent, the fastest rate of growth in seven years. Although economic growth is projected to moderate in 2018, it will remain healthy at 2.2 per cent. A big increase in federal government spending has been accompanied by a significant upswing in local public service hiring. Indeed, public administration output is projected to climb by an average of 2.9 per cent per year from 2016 to 2018. The construction industry has been another important driver of growth this year, thanks to strong showings from the residential and governmental sectors. Meanwhile, the tourism industry has been enjoying a banner year, as visitors have flocked to the Capital to participate in events to celebrate Canada’s 150th birthday. Finally, the local high-tech sector has been another key economic contributor as it continues to grow and diversify into other areas besides telecommunications. The strong economic conditions have translated into a good year for Ottawa–Gatineau’s labour market; some 11,000 net new jobs are expected to be added to payrolls in 2017. The positive momentum should continue next year as the economy generates an additional 7,100 net new jobs. For the full report visit conference-board.org.

Commercial Real Estate & Business Opportunities

Main St. E. Hamilton

Roman Spytkowsky, Broker 905-528-8956 ext. 4190 email: romans@efforttrust.ca MOHAWK ROAD OFFICES 3917_DJW_0038

QEW FRONTAGE – SUB LEASE

BEAUTIFUL HERITAGE BUILDING $2000/MONTH

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

1917_DJW_0044 3917_DJW_0027

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.

2 UNITS 4,864 SQ.FT. EACH

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

1917_DJW_0051

1917_DJW_0050

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

3 FACILITIES QEW EXPOSURE STONEY CREEK

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

DUNDAS 1,030 SQ.FT. (COMMERCIAL)

5,117 SQ. FT. WAREHOUSE

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

1917_DJW_0047

SUB LEASE QEW EXPOSURE

20,000 SQFT INDUSTRIAL SPACE

1917_DJW_0052

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

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

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

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

1917_DJW_0045

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

$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.

3917_DJW_0037

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

3917_DJW_0039

242

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

Hamilton

Volume 17 Issue 11

11294087_4317

Commercial Real Estate & Business Opportunities

Larry Szpirglas

Christine Kiriakopoulos

BROKER

SALES REPRESENTATIVE

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

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

Tel: 905.648.4451 3917_DJW_0010

3517_DJW_0033

10339498_4317

FOR LEASE

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

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

3517_DJW_0034

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

FURTHER INFORMATION:

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

FOR LEASE

706 STRATHEARNE AVE. $6,000.00 PER MONTH (NET)

FOR

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

3517_DJW_0044

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

FOR LEASE

JOHN HRYCZYNSKI BROKER

(905) EMAIL:

REAL ESTATE BROKERAGE COMMERCIAL

JOHN@BBSREALTY.COM

WWW.BBSREALTY.COM

COMMERCIAL REAL ESTATE

REAL ESTATE SALES AND LEASING SERVICES RETAIL PLAZA FOR SALE

3917_DJW_0034

AAA INVESTMENT PROPERTY

529-5900 X 240

Busy Retail Plaza in the Greater Hamilton area coming for sale. Plaza is located on a major arterial with excellent exposure and access. Fully leased plaza with many long term Tenants, an ideal carefree retail investment opportunity. Priced in the $3,000,000 price range. Please call John for details and further information.

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. Asking $4,599,900. Call John for further details.

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.

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FREESTANDING BUILDING FOR LEASE

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OFFICE & RETAIL FOR LEASE

1917_DJW_1_0069

NEW RETAIL PLAZA FOR LEASE

OFFICE AND RETAIL SPACE FOR LEASE 4317_DJW_0038

Hamilton

FOR LEASE

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

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

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

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

Please say you saw it in The Commercial Investor

Volume 17 Issue 11

Commercial Real Estate & Business Opportunities

Poss. P. Dover piece of real estate in heart of bchfront. View aerial tour to appreciate 335.54x0.37ac parcel runs along canal/ pier extends to conc. Brk -wall, adjacent pub. Beach. Incs 2000sf store long, time home of renowned SANDALMAKER Incs, mun, wtr/sewer + n/g. Invest in Ontario’s most pop. destination town. Att schB/ offr. AIA.

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259 CEDAR DRIVE, TURKEY POINT $589,900 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. 3917_DJW_0003

20 ROBINSON STREET SIMCOE

$299,900

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

970 BURFORD-DELHI TOWNLINE ROAD, SCOTLAND $499,900 Incredible Opportunity to Live & Work at Home! Reputable & Growing mechanics business with 3 bay 40’x60’ heated shop. Great curb appeal w/ tastefully updated 2 bed home w/ stunning finishes, new eat in kitchen, & premium flooring. A complete move in ready package & ability to make substantial wage at home! Close to 403 & 401!

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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 3117_DJW_0016

33 MAIN ST N, WATERFORD - $399,000 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!

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4875 RAINHAM ROAD, SELKIRK $299,900

2005 MAIN STREET NORTH, JARVIS $199,900

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

Excellent opportunity to own local icon-”Golden Cactus Restaurant”.Loc.in dwntwn Jarvis est. large/loyal clientele w/ same owner since’77-(retiring). Sit on 27.5’x264’ x-deep lot w/st+rear parking. Offers aprx. 1000sf patron area, comm. kitchen+all equipment. Established turn-key business. 4317_DJW_0012

D E S EA

L 1048 LAKESHORE ROAD, SELKIRK $279,900

223-225 CHESTNUT STREET, DUNNVILLE $2,200 PER MONTH

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

Beautiful, diverse L.Erie prop. in Featherstone Pnt..steps to beach. Incs former restaurant transformed into 1750sf 4 bedrm residential retreat on 0.17ac lot (owned land). Ftrs 730sf deck syst, roof’10+CR zoning allows for sev. uses. Sep. 265sf cottage can be included if buyer assumes land lease.

2 freshly renovated Comm/Retail storefront units loc. in heart of Dunnville’s downtown business core offering ex visual exposure/hi-pedestrian volume. Incs 1672sf unit-$1150p/ mnth+1444sf unit-$1050p/mnth. Can be leased as 1 entity w/ easy to remove centre wall. Ftrs n/g furn/AC/display windows. Immed. Poss. 3517_DJW_0024

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

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8171399_4317

Please say you saw it in The Commercial Investor

Hamilton

13 HARBOUR STREET, PORT DOVER - $1,850,000

Volume 17 Issue 11

Commercial Real Estate & Business Opportunities

SHAWN DOIRON

SALES REPRESENTATIVE

905.529.5900 Ext. 262 905.515.5501 E-MAIL: doirons@bbsrealty.com WEB: www.bbsrealty.com COMMERCIAL REAL ESTATE SALES AND LEASING SERVICES

11315388_4317

OFFICE:

MOBILE:

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RETAIL/OFFICE FOR LEASE This attractive mixed-use building is located west of the Upper Sherman and Fennell Ave E. intersection on Fennell. Excellent opportunity for fast food restaurant, retail, and professional office use. Available space ranging from 1,045 SF, 1,077 SF, EAST HAMILTON MOUNTAIN 1,398 SF or a combination thereof. Join PAPPA JOHN’S PIZZA first Hamilton location located on this high traffic arterial road offering back-lit sign boxes above store fronts along with additional shared 6’ x 8’ blade sign for maximum street front exposure. Variety of uses permitted. Asking Net rent is $13.95 PSF. Call Listing Agent for details. 30-60 day possession. Parking at rear of building.

OFFICE SPACE FOR LEASE Brand new 2nd floor office space located at the corner of South Service Rd. and Millen Rd. with easy access to QEW Toronto/Niagara and close proximity to the Red Hill Valley Parkway. This location STONEY CREEK offers excellent exposure to the QEW with great signage opportunities. Office space measures approximately 2,300 SF. Asking $13.25 PSF GROSS. Possession 30-60 days. Landlord may assist with improvements. Call LA for details.

RETAIL/OFFICE FOR LEASE Extremely busy prime east mountain retail plaza located on high traffic street w/easy access to LINC Expressway. Excellent opportunity for retail, restaurant, and professional office use. Variety of uses permitted. Open EAST HAMILTON MOUNTAIN space is 2,912 SF. Landlord would consider splitting the unit. Asking Net rent is $11.95 PSF for 2,912 SF and $14.95 PSF for 1,456 SF. Existing tenants are Goodness Me, Subway, Upper Gage Dental, and more. Excellent exposure with street front pylon sign and back-lit sign box above store front. Ample parking. Immediate possession. Call Listing Agent for details.

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1117_DJW_0049

INVESTPRO REALTY LTD.,

VMYSL

BROKERAGE

Specializing in Multi-Residential Listing and Sales

Dino Nicosia,

“Your Investment Partner for Life”

Broker of Record

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

www.investprorealty.com

24 UNITS, LONDON ON

SOLD NAL DITIO N O C

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

Sales Representative

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

LEGAL 4 PLEX, ST. CATHARINES

4 UNITS, HEART OF DOWNTOWN, HAMILTON

2 Luxury residential apartment units, over 2,000 sq. ft. each on 3 levels. Plus 2 Commercial units. Asking $1,169.000.00. Visit our website for income and expense summary and much more 1917_DJW_4_0008

Kandy Thompson,

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

1917_DJW_3_0024

RENOVATED MIXED USE PROPERTY, HAMILTON

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

Before you invest, You deserve the best. Please say you saw it in The Commercial Investor

4317_DJW_0022

8495852_4317

Hamilton

RETAIL/OFFICE FOR LEASE Clean professional office/retail space ready to occupy next to Limeridge Medical Center by Limeridge Mall. Located on dominant retail corridor allows for high exposure. Signage opportunities HAMILTON CENTRAL MOUNTAIN include above store front, street front pylon, and rear building signage. The lease space is approximately 1,088 SF. Easy access to E/W Linc Expressway. Immediate possession. Asking Net rent is $14.95 PSF. Call LA for details.

RETAIL / OFFICE SPACE FOR LEASE Busy retail plaza situated on Fairview St between Walkers Line and Appleby Line. High traffic location offers street front pylon sign exposure with additional back-lit sign box above store front. BURLINGTON Excellent opportunity for restaurant, retail, and professional office use. Landlord may assist with improvements. Asking Net rent is $15.00 PSF. Immediate possession available. Call Listing Agent for details.

1117_DJW_0044

1117_DJW_0045

RETAIL/OFFICE FOR LEASE Prime corner location with heavy foot traffic from Westdale Seconday School and Columbia International College. This rare main floor corner unit just minutes to McMaster University and downWEST HAMILTON LOCATION town Hamilton offers excellent exposure to high traffic intersection at Main St. W. and Longwood Rd.. Landlord would consider dividing this 4,509 SF unit. Great opportunity for fast food restaurant. Minutes to Hwy 403 and LINC Expressway. Immediate possession. Asking Net rent is $15.95 PSF. Call Listing Agent for details.

Volume 17 Issue 11

11292930_4317

Commercial Real Estate & Business Opportunities

Mazhar Roshan Sales Representative

Direct

HomeLife Professionals Realty Inc.

GTA Direct

BROKERAGE Office

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

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.

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

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

3917_DJW_0029

RETAIL STONEY CREEK MOUNTAIN

HAMILTON $249,900

1917_DJW_1_0024

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

I HAVE BUYERS FOR YOUR BUSINESS CALL FOR DETAILS

1917_DJW_1_6622

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

“My Business is to Sell Your Business”

11294991_4317

Please say you saw it in The Commercial Investor

Hamilton

905.929.9800 647.609.9463 905.574.6400

Volume 17 Issue 11

Commercial Real Estate & Business Opportunities

Dino Nicosia, Broker of Record at Investpro Realty Ltd.

8171452_4317

WHAT IS LEVERAGE, AND HOW TO MAKE IT WORK FOR YOU?

Hamilton

eal Estate investment is unique from the stock market because with Real Estate, you can use leverage; and real wealth is achieved by using leverage. Buy Real Estate with a longterm goal and in time leverage will bring great wealth. WHAT IS LEVERAGE? In real estate, leverage is based on acquiring a real estate asset with little of your own money invested. You can obtain bank financing up to 75%-80% of the purchase price, and sometimes with secondary financing you can get up to 90% or even 100% of the total asset value through creative financing. Therefore, a real estate value increase of 5 percent (appreciation rate) is by far a better investment than a stock increasing by 20 percent.

This is because when you leverage an investment property, you reap the benefits of the appreciation on the total of the asset value, and not your cash invested. As an example, consider the common real estate purchase requirement of a 20% down payment – or $100,000 on a $500,000 asset. The buyer is essentially using a relatively small percentage of his or her own money to make the purchase, and the majority of the money is being provided by the lender. Real estate investors often refer to the remainder of the purchase price as “other people’s money,” since persons other than the borrower provided the money needed to make the purchase. Assuming the property appreciates at 5% per year, the borrower’s net worth from this purchase would grow to $525,000 in just 12 months. A huge

Please say you saw it in The Commercial Investor

$25,000.00 increase in value in one year. If the same $100,000.00 was used to buy stocks and the stocks had appreciated by 20% for the year...the resulting profit of $20,000.00 would still be lower than the $25,000.00 (5% appreciation) profit, from using leverage. Furthermore, if the same investor used the $100,000 to make an outright, paid-in-full purchase of a $100,000 property and assuming the same 5% rate of appreciation, the buyer’s net worth from this purchase would have increased by only $5,000 over the course of 12 months versus $25,000 from the leveraged, more expensive property. The $20,000 difference demonstrates the potential net worth increase that is provided, with the use of leverage.

Commercial Real Estate & Business Opportunities

Hamilton

8171394_4317

Volume 17 Issue 11

Purchase with a long-term goal. If the property value drops, it is only a paper loss unless you must sell when under duress. Remember that after the rain, the sun will eventually shine again.

Now, assuming the $500,000 purchase had an average of 5% appreciation every year for the next 20 years. The value in the 20th year would be approximately $1,325,000.00. Over time, the use of leverage can have a significant, positive impact on your net worth. THE RISK OF USING LEVERAGE Just as leverage can work on your behalf, it can also work against you. Revisiting our earlier example, if you use a $100,000 down payment to purchase a $500,000 property, and real estate prices in your area decline for several years in a row, the leverage works in reverse. After year one, your $500,000 property could be worth $475,000 if it depreciates by 5%. A year after that, it could be worth $451,250 - a loss in equity of $48,750.

Please say you saw it in The Commercial Investor

Under that same 5% price-decline scenario, if that $100,000 had been used for an all-cash purchase of a $100,000 home, the buyer would have lost just $5,000 over the first year in which home prices fell. To reduce the risk of using leverage, follow my tips; • Do not use 100% (no money down) purchases. Invest at least 20% of your own money down on a purchase • Always have a sizable cash cushion available, or access to cash if needed for emergency • Purchase with a long-term goal. If the property value drops, it is only a paper loss unless you must sell when under duress. Remember that after the rain, the sun will eventually shine again. Be patient with your Real Estate investment and in time leverage will eventually bring great wealth.

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

Volume 17 Issue 11

Commercial Real Estate & Business Opportunities

Each Office Is Independently Owned & Operated

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 10929735_4 317

299 MOWAT STREET, STAYNER

3379 LINE 10, BRADOFRD WEST GWILLIMBURY

1056 SIDEROAD 17, RURAL NEW TECUMSETH (SCHOMBERG)

Excellent Investment Property abutting Stayner Town boundary and proposed residential development application. Don’t miss this one! Growing Stayner with many developments approved and underway! $2,000,000 Marc Ronan*** 1-888-936-4216

Invest or build 25.9 acre property located in growing Bradford area. Minutes to Town and near proposed 400 x404 Bradford Bypass mostly flat and open property with mature treed backdrop for ideal building location. Minutes to Bradford. $998,000 Marc Ronan*** 1-888-936-4216

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. County Road 27 and the expansion of 400 Hwy. Located in A designated provincial growth area. $2,250,000 March Ronan*** 1-888-936-4216

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4317_DJW_0026

4317_DJW_0027

3566 LINE 5, BRADFORD WEST GWILLIMBURY

8121 20TH SIDEROAD, RURAL ADJALA – TOSORONTIO (LORETTO)

1854 ADJALA TECUMSETH TOWNLINE, ADJALA – TOSORONTIO (TOTTENHAM)

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. $5,500,000 March Ronan*** 1-888-936-4216 4317_DJW_0028

Fabulous corner 64 acre property in Adjala Township with views for miles. Build your dream home. Mostly treed property. $799,900 Marc Ronan*** 1-888-9364216

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*** 1-888-936-4216 4317_DJW_0030

36 SWITZER STREET, NEW LOWELL

258 CHURCH STREET, ALLISTON

5594 CONCESSION ROAD 3, RURAL ADJALA – TOSORONTIO (EVERETT)

Exceptional investment for future residential development. 93 acre development parcel abutting residential development in New Lowell just outside growing Barrie. Approximately 88 acres workable land. Located inside the development boundary expansion area. Large greater Toronto developer in same area. $2,000,000 Marc Ronan*** 1-888-936-4216 4317_DJW_0031

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. $3,150,000 Marc Ronan*** 1-888-936-4216

33 acres in Tosorontio. Previously used as gravel pit. $450,000 Marc Ronan*** 1-888-936-4216

4317_DJW_0032

4317_DJW_0033

7110 4TH LINE, RURAL NEW TECUSMETH (TOTTENHAM)

6370 4TH LINE, RURAL NEW TECUMSETH (TOTTENHAM)

14098 THE GORE ROAD, CALEDON (BOLTON)

Stunning Woodington Lake. Investment development opportunity on 450 acres! 36 hole championship golf course with breathtaking scenery and views, large custom club house approx. 32,800 sq ft plus maintenance & storage facilities. Located in growth area of Tottenham surrounded by approved subdivision and developer owned land. Location and golf course ready for the proposed development approvals. $25,000,000 Marc Ronan*** 1-888-936-4216 4317_DJW_0034

90 acre farm abutting new residential subdivision in Tottenham. Great investment property in growing New Tecumseth, South Simcoe County. New Tecumseth has been designated a growth area by the province of Ontario. $7,500,000 Marc Ronan*** 1-888-936-4216

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*** 1-888-936-4216

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4317_DJW_0036

4317_DJW_0029

Please say you saw it in The Commercial Investor

Greater Toronto Area

RONAN REALTY, BROKERAGE

Commercial Real Estate & Business Opportunities

Volume 17 Issue 11

Sky View s

The Im p ortance of Cap ital Bud geting b y Scott Fleet, Cap ital Planning Solutions

When embarking upon major capital expenditure projects at our ulti residential and co ercial properties it is i pera ti e to co plete proper due diligence and i ple ent a capital plan to assist in prioritizing your capital projects. At Capital lanning Solutions we reco end custo i ing fi e ear capital budgets for each building. This can be done by a proj ect manager, management company or building ownership. t is reco ended that these fi e ear capital budgets be updated annuall and re iewed a ongst all e bers of our building ownership group in order to get all hands on board and make informed decisions on whether your upcoming cap ital projects should be undertaken, or if certain projects can be deferred. Fi e ear capital budgets and cash ow pro ec tions should be re iewed annuall b ownership groups in the fall onths. t this ti e it is i perati e that the ownership a e a collaborati e decision regarding which pro ects will be co pleted throughout the upco ing ear. he benefit of a ing this decision in the fall onths is two fold .

Greater Toronto Area

When dealing with large concrete restoration projects and other weather sensiti e pro ects there is a a or benefit to tendering and awarding pro ects earl in the ear. ontractors are generall er eager to fill up their construction schedules for the rest of the year. There fore the contractors who ha e oids in their schedules are ore li el to offer their best co petiti e pricing to secure the project. The manufacturing of certain equipment and materials such as ele ators balcon railings balcon doors win dows, boilers, etc. can become backlogged and may ha e e tensi e lead ti es. B co encing our capi tal pro ects earl in the ear ou will often benefit fro shorter lead ti es as ou will be first in ueue with the manufacturers. If you wait until the summer to begin our capital pro ects ou are oining the herd which leads to longer lead times (in addition to higher contrac tor pricing) and ou a end up rushing to finish weather sensiti e pro ects before the winter onths.

The Five- Year Cap ital Bud get here are so e great software progra s a ailable to as sist with the creation of capital budgets. Howe er creat ing our own custo i ed fi e ear capital budget uni ue to each building can ield great benefits. capital planning consultant can pro ide assistance in the creation of a capi tal plan. The process begins by creating a spreadsheet for each building within your portfolio. Populate the spread sheet with a list of categories for arious building co po nents within your building, i.e. balconies, boilers, windows, asphalt sidewal s ele ators etc. he spreadsheet should also contain a heading for the ne t fi e ears i.e. . s pro ects approach populate the spreadsheet with budget estimates for each category under the appropriate year in which it should be completed.

Pop ulating y our Five- Year Cap ital Bud get he ain source for populating our custo i ed fi e ear capital plan for each building should be information extrapo lated from your most recent Property Condition Assessment (PCA). As a diligent building owner, it is recommended that ou update our appro i atel e er eight ears and the report should include recommendations for priority re pairs and budget figures for the ne t ears. isted below are additional ways to identify capital projects to include in our fi e ear capital budget •

egislati e changes including building code fire code TSSA requirements

•

Visual assessment and regular building walkthroughs

• •

onitoring e uip ent age ersus e pected useful life dentif ing pro ects that pro ide energ backs

sa ings pa

Und ertaking Cap ital Proj ects versus Def erring Cap ital Proj ects Now that ou ha e a fi e ear capital budget in place for each building ou can refer to the budget as a detailed o er iew of the upco ing capital pro ects at our buildings. Re iew ing our capital budgets in con unction with our cash ow projections will allow you make a more informed decision regarding whether specific pro ects should be underta en or deferred. Should you consider deferring a particular project beyond the set out or recommended repair timeline, it may be a good idea to ha e an engineer consultant re inspect that specific building co ponent to clarif the i pact of this deci sion on building safety and project cost. f pro ects are deferred too long ou can uic l find our self ta ing a reacti e approach to building aintenance. his can lead to an increase in the scope of pro ects repair costs growing aggra ation a ongst tenants and additional une pected repair pro ects. lternati el pre entati e ain tenance approaches allow you to control repair quantities, and eli inate a source of aggra ation a ongst our tenants while co pleting our capital pro ects with cost efficienc at the forefront. n conclusion updating and re iewing our capital budgets annuall in the fall onths is i perati e and ta ing a pre en tati e rather than reacti e building aintenance approach can sa e ou aluable dollars o er the lifespan of our build ings. For further assistance with capital planning and capital proj ect management, please contact Capital Planning Solutions. Scott Fleet, President Capital Planning Solutions scott@

capitalplanningsolutions.ca

www.capitalplanningsolutions.ca

Please say you saw it in The Commercial Investor

8647857_4317

Commercial Real Estate & Business Opportunities

Givalas Real Estate Brokerage

Nick Givalas Broker of Record

Ltd.

(905) 479-4436

email: ngivalas@trebnet.com

8305406_4317

FOR SALE COBOURG ASKING PRICE $525,000

CAREFREE INVESTMENT. GOOD RETURN / BETTER THAN THE BANK! ASKING PRICE $3,500,000

Commercial Freestanding Building For Sale Cobourg, Ontario With Parking And Good Exposure Approx 2300 Square Feet Ideal For Owner/User. Great Investment Opportunity, Affordable Price In A Growing Town Like This One. William Street Is One Of The Main Streets In Town Off The Burnham Street 401 East Exit To Cobourg. Ideal For Restaurant Fast Food Type Use Next Door To Tim Hortons With Other National Food Tenants Same Block McDonalds And Wendy’s. District Commercial Zoning Allows For Many Other Uses For Opening A Business Here Yourself Or Leasing Out To A Tenant. Quonset Hut In Rear Of Building For Extra Storage. Good Chance To Buy 3917_DJW_0005 In Town While Prices Are Still Reasonable.

National Tenant Investment Property Muskoka Area. Established Swiss Chalet / Harvey’s Restaurant In Huntsville, Ontario For The Past 20 Years. Modern Design Freestanding Building With Drive Thru With Approx 79 Cars Parking. Strategic Location Off Highway 11 Exit. Lease Just Renewed. Corporate Covenant.Solid Investment And Rare Find In Popular Muskoka Area North Of Toronto. Store Does Very Well, Located Next Too One Of The Busiest Tim Hortons In Ontario. 3117_DJW_0038

258 EDWARD STREET, ST. THOMAS $409,000

}

ATTENTION INVESTORS

Do you have children attending the University of Western Ontario?

CALL FOR MY EXPERTISE IN THE AREA OF STUDENT HOUSING OPPORTUNITIES NEAR THE UNIVERSITY OF WESTERN ONTARIO, FANSHAWE COLLEGE, UNIVERSITY OF WINDSOR, UNIVERSITY OF WATERLOO & WILFRED LAURIER UNIVERSITY. TAKE ADVANTAGE OF MY KNOWLEDGE OF THE CITY OF LONDON BY-LAWS & RENTAL LICENCING. AGENTS & BROKERS: Earn a 25% referral fee & we will look after your client’s with family attending Fanshawe College & the University of Western Ontario

3917_DJW_0006

• Industrial Investment or owner user property with prime exposure at the corner of Edward and Laing Blvd. • Total building is approx. 4,424 sq. ft. with owner/user occupying approx. 2,949 sq. ft. and a tenant occupying approx. 1,475 sq. ft. • Tenant (Ken Jones Signs) is currently on a semigross lease of $12,000 per annum plus utilities.

NELSON CONROY

JAMIE HANKE

Sales Representative

nelsonconroy@royallepage.ca

jhanke@royallepage.ca

519-672-9880 11303359_4317

• The 2,949 sq. ft. unit is approx. 50 percent AC office with 2 grade doors and the 1,475 sq. ft. unit is approx. 70 percent office with entire unit having AC and 1 large grade door. • 0.89 acres • 600 volts; 200 amps services

London South - 334 Wellington Road S, N6C 4P6

Please say you saw it in The Commercial Investor

Greater Toronto Area

Volume 17 Issue 11

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

YORK MILLS/DON MILLS SUBWAY FRANCHISE

Excellent opportunity! Wholesale/retail meat and fish distributor. $1m+ spent on equipment, electrical and state of the art facility! Owner retiring. Training available. Great lease terms! $629,880. Call Peter: 416606-7882

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

3117_DJW_0024

EAST GARAFRAXA 239 ACRES

MAIN/DANFORTH PRIME COMMERCIAL/RETAIL SPACE

I US

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

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

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_4317

Greater Toronto Area

MISSISSAUGA WHOLESALE/RETAIL DISTRIBUTOR

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 17 Issue 11

Commercial Real Estate & Business Opportunities

APPROVED SUBDIVISION IN MEAFORD (30 MINUTES WEST OF COLLINGWOOD) • Total area: 38 acres • 200 bungalow sites • 2 ½ acre site for a 145 bed Retirement Residence • 2 ½ acre site for a 25,000 sq. ft. Medical Commercial building • Services at lot line • Wonderful forested area • 4 minutes to hospital

11121575_4317

• Abuts a medical building

$6,500,000

Call Pierre Boiron 416-804-5555 PIERRE BOIRON, Ex: F.R.I., SIOR, Tel:

(416) 804-5555

PROPERTIES FOR SALE 11319123_4317

KITCHENER– 21 apartments – Low Rent – 5% Cap HUGE Upside – Bring ALL Offers LONDON – 163 apts and Commercial – 15% ROI Heart of Downtown CONDO Title – Bring ALL Offers Lorenzo DiGianfelice, Broker of Record – 416-907-8281 ldigianfelice@cfrealty.ca Commercial Focus Realty Inc. 35 The Links Rd #201, Toronto, M2P 1T7 Please say you saw it in The Commercial Investor

Greater Toronto Area

Sales Representative

trebreport

GTA REALTORS RELEASE commercial market figures

oronto Real Estate Board President Tim Syrianos announced commercial sales and leasing statistics reported through TREB’s MLS System for Q3 2017. TREB Commercial Network Members reported 5,609,801 sq. ft. of combined industrial, commercial/ retail and office space leased through TREB’s MLS System. This result was down from 6,580,699 sq. ft. leased in Q3 2016. Three quarters of total space leased was in the industrial market segment, with agreements reached on more than 4.2 million sq. ft. This result was down from approximately 5.1 million sq. ft. reported leased during Q3 2016. Average lease rates reported on a per square foot net basis for transactions with pricing disclosed were up for all major market segments. Some of these increases were likely reflective of market conditions in the Greater Toronto Area. However, it is also important to note that average lease rates are also affected by changes in the composition of deals from one year to the next, in terms of property type, size and location.

“Economic reports for the first half of 2017 suggested that we were experiencing strong growth in Canada, including the regional economy of the GTA. The first GDP report for the third quarter, however, was flat for the month of August. It remains to be seen whether the upward trend will resume. Over the same time period, overall leasing activity has been down compared to 2016. If economic growth continues, including in the GTA, an increase in commercial leasing and sales activity could be the result as we move through the end of 2017 and into 2018,” said Mr. Syrianos. Combined industrial, commercial/retail and office sales reported by TREB Commercial Network Members amounted to 175 in Q2 2017 – down from a total of 320 sales reported in Q2 2016. Average sale prices on a per square foot basis for transactions with pricing disclosed were up for the industrial market segment and down for the commercial/retail and office segments. Year-over-year changes in selling prices were due to both market conditions and changes in the mix of properties sold.

Q3 2017: ALL COMMERCIAL LEASE TRANSACTIONS: Per square foot net commercial leasing summary Lease transactions completed on a per square foot net basis with pricing disclosed on Toronto MLS

Leased sq. ft. (Price disclosed, per sq. ft. net) Q3 2017

Q3 2016

% Change

Industrial

4,209,343

5,103,278

-17.5%

Commercial

4,209,343

741,456

-10.8%

Office

739,403

735,965

0.5%

Total

5,609,801

6,580,699

-14.8%

Q3 2017

Q3 2016

% Change

Industrial

$6.93

$5.79

19.7%

Commercial

$15.36

$13.92

10.3%

Office

$14.05

$12.69

10.7%

Avg. lease rate

Q3 2017: ALL COMMERCIAL SALE TRANSACTIONS: Commercial sales completed with pricing disclosed on Toronto MLS

Sales (Price disclosed) Q3 2017

Q3 2016

% Change

Industrial

114

-50.9%

Commercial

136

-42.6%

Office

-41.4%

Total

175

320

-45.3%

Avg. sale price per sq. ft. (Pricing disclosed) Q3 2017

Q3 2016

% Change

Industrial

$153.96

$114.68

34.3%

Commercial

$143.96

$207.88

-30.7%

Office

$266.69

$333.23

-20.0%

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

CENTRAL ONTARIO

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

CENTRAL ONTARIO 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

Volume 17 Issue 11

Commercial Real Estate & Business Opportunities 8313781_4317

Bill Byers Sales Representative bill-byers@coldwellbanker.ca

TEMISKAMING REALTY LTD.,

2317_DJW_0023

LCBO & GAS BAR Great turn key business on Hwy #65 West, in Kenabeek. Includes Gas & Diesel, Variety Store, LCBO, Lotto, Bottle return, Post Office and Food Counter, large 5 bedroom apartment, garage all on 1.47 acres. Lots of potential here for variety of uses with no zoning. Asking $224,900. Sellers may hold some financing. MLS TM152104 3517_DJW_0017

DUPLEX Fully rented 3+1 bedroom apartments. Separate meters. Lots of parking. Convenient Cobalt location on bus route. Asking $74,900. MLS TM162973

160 ACRES 18 Acre Hayfield. Old Log Hunting Cabin. Creek, Year round road with hydro & phone. Surrounded by Crown Land with tons of great Hunting & Fishing. Unorganized Savard Township. No Zoning or building permits required. Asking $104,900. MLS TM172518

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

2317_DJW_1_0033

New Liskeard, Northern Ontario

2317_DJW_1_0040

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

BROKERAGE

GAS STATION Large Commercial Building 4285 sq' on the main Street in Elk Lake (Hwy # 65 & 560) across from the Montreal River. Vacant, former gas station, restaurant, repair shop with hoist & owners apartment (not finished). Asking $149,900. MLS TM152302

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

CFIB applauds federal government decision to back away from capital gains proposal

he Canadian Federation of Independent Business (CFIB) commends the federal government for the recent announcement that it will not move forward with measures relating to the conversion of income into capital gains.

“We are very pleased that the government has listened to concerns of business owners and has stepped back from this element of their new tax plan,” said Dan Kelly, President of CFIB.“These rules would have made it more costly for small business owners – including farmers and fishers – to sell or transfer their business to their children.”

In the past, CFIB has supported two private members’ bills – from NDP MP Guy Caron and Liberal MP Emmanuel Dubourg – which proposed amendments to a nuance in the Income Tax Act which currently makes it easier to sell a family business to a third party than to a member of the family. “We stand ready to work with the government on finding solutions to ensure that intergenerational transfers of small businesses are easier and less costly, while, at the same time, maintaining the integrity of the tax system,”added Kelly. Given the complexity of all of the federal government’s revised tax proposals, CFIB will work with tax professionals to review the whole package, once all details have been announced, and provide an overall assessment on the net impact for Canada’s small business owners. CFIB is Canada’s largest association of small and mediumsized businesses, with 109,000 members across every sector and region. Visit cfib.ca.

Please say you saw it in The Commercial Investor

Central Ontario

inthenews

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 17 Issue 11

Commercial Real Estate & Business Opportunities

Tom McEvoy

RV Business & Property

$3,500,000

11318271_4317

* each office is indpendently owned and operated

Commercial Sales Representative Cell: (613) 242-0145 Office: (613) 967-2100 tom.mcevoy@century21.ca View properties at: www.tommcevoy.ca Construction Yard

Inn & Restaurant

$1,900,000

$1,990,000

Bayview RV Sales - successful business in high traffic location between Belleville and Trenton on Old Hwy2. 10,000sqft building, 6 offices, sales room, 3 bathrooms, 50’x60’ workshop with 18’ ceilings, 3 10’x12’ bay doors, 1 12’x16’ door. Parking lot is fully paved and lit.

68 acres of industrial zoned land with easy access and visual to the 401. Three steel buildings suitable for automotive, heavy machine storage, construction yard, etc. 4,400sqft with 5 bays + office area, 4,300sqft with 3 bays, 1,000sqft open car-port style. Also available for lease.

Charming inn/restaurant in the heart of Picton, Ontario. A heritage designated mansion built 1878. 13 guestrooms with en-suites, popular restaurant + patio for 50 guests, gift shop, manager’s office and apt, 1.25ac garden +more. Rated TripAdvisor top 25 small hotel in Canada ‘13, ’14.

Suites Hotel

Farm Land

Retail + MultiFamily

$1,150,000

An entrepreneur’s opportunity in Bloomfield, Prince Edward County. 5 fully renovated suites with 3 more under construction, 2000sqft retail shop, 4000sqft heated building which could suit a future event centre. Close to Sandbanks, wine tours and the Millenium Trail.

$395,000

64.5 acre property with 60+ acres of excellent workable, cleared farmland north of Stirling. Two outbuildings: 40’x100’ storage barn and 40’x60’ shop with concrete floor. Small portion Ameliasburg soil with clay loam, majority Otonabee soil with loam. Good drainage.

Jack Huitema Broker of Record

905-774-7624

$650,000

Investment opportunity in the heart of downtown Picton. Retail unit on main floor and four apartments above. Each apartment has own balcony, hydro meter and parking.

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

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. 3517_DJW_0013

GREENHOUSE/GARDEN CENTRE OPPORTUNITY 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. 1917_DJW_0042

11279879_4317

1917_DJW_0041

www.coldwellbanker.com Please say you saw it in The Commercial Investor

Eastern Ontario

MANITOULIN ISLAND – 48.8 ACRES – GARDEN CENTRE BUSINESS

insiderinsight

Southern Ontario commercial real estate in high demand, but is cap rate compression over? By Roelof van Dijk

anada experienced tremendous economic growth in the first half of 2017, which resulted in strong job creation, with employment up 2.1 per cent, or 374,000 jobs, year-over-year in August. Southern Ontario, has been at the precipice of this growth. As a result, commercial real estate markets continue to perform well, with low vacancy rates and net asking rental rates at or near historic highs. In general, office and retail markets are divided in terms of performance and demand. Class A office assets in good locations, such as downtown or urbanized suburban areas, continue to experience limited vacancy and rising net asking rental rates. Similarly, modern Class A destination-type retail assets are experiencing strong demand from tenants looking to benefit from the experiential draw of the properties and stay relevant in the age of e-commerce. When these types of assets come to market, there are usually multiple bidders who have access to debt financing from willing lenders, resulting in continued compression of cap rates. This can also be said for good redevelopment plays. On the flipside, lower quality office and retail assets in less desirable areas are experiencing increasing vacancy, and although asking rental rates appear flat, the net effective rents are falling as landlords throw in tenant inducements to remain competitive. These assets are seeing less interest from both investors and lenders. As a result, cap rates have increased, albeit only slightly, in 2017. On the industrial side, there has been strong demand for industrial assets of all types. The longstanding belle of the ball is the modern and large logistics/fulfillment centre with high clear-heights. There has also been renewed demand for facilities that are closer to urban population centres in order to facilitate next -day – and soon to be same-day – delivery services. These facilities are generally older and smaller with much lower clear-heights, but they meet the need and are used in conjunction with, not to replace, these larger distribution centres.

As a result, the average cap rate for office product across Southern Ontario actually increased by 15 basis points (BPS) year-over-year (YoY) to 5.63 per cent in Q3 2017, with the average price per square foot down approximately $4.43 over the same period to $286.99. Cap rates and price per square foot moved in a more positive direction for both industrial

and retail product. The average cap rate for industrial product was down 36 BPS YoY to 5.70 per cent with the average price per square foot up $8.19 to $107.82. The average cap rate for retail product in Southern Ontario was down 86 BPS between Q3 2016 to Q3 2017 to 5.07 per cent, with the average price per square foot up $45.11 to $361.83. Looking forward, the strong economic growth experienced in the first and second quarters of 2017, at 3.7 per cent and 4.5 per cent respectively, are not expected to continue throughout the second half of 2017 and into 2018. The Bank of Canada has already raised its overnight interest rate twice in 2017 to 1.00 per cent, and although they have recently raised some uncertainty as to whether the next move will be up or down, analysts are expecting incremental increases to continue through 2018, potentially up to 2.00 per cent. Furthermore, and more impactful to mortgage rates, the U.S. Federal Reserve will likely continue increasing the fed funds rate, and is set to unwind their quantitative easing policies by selling off bonds, which likely mean bond yields will be on the rise. Forecasts now show that the 10-year Bank of Canada bond yield is expected to increase from the current 2.10 per cent to approximately 2.55 per cent in 2018. All of this means that investors will be able to find yield outside of commercial real estate, which should begin to limit downward pressure on cap rates. Furthermore, with the new capital controls in place in China, which represent an attempt to restrict capital flight from that country, the flow of Chinese money to Canadian commercial real estate is expected to slow. Foreign investment in Canadian commercial real estate, specifically from China, has been one of the driving factors responsible for recent cap rate compression. However, with all of these factors in play, talk about cap rate compression may be coming to an end. With that being said, there have been several recent large transactions that demonstrate demand for Southern Ontario commercial real estate has definitely not slowed. These transactions include: Dream Office REIT’s Toronto office portfolio selling for approximately $1.4-billion, the upcoming sale of OneREIT to Smart REIT and Strathallen Acquisitions Inc. for an estimated $1.1 billion, and Constitution Square, an office property in Ottawa, recently selling for $480 million. Roelof van Dijk is a commercial real estate research professional, with over 10 years of experience covering the Canadian commercial real estate market. Prior to his career in commercial real estate, he worked as a project manager and urban planner in the Greater Toronto Area. He is currently CoStar Canada’s Senior Research Manager for Eastern Canada

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION COVERING: Niagara Falls Niagara-on-the-Lake St. Catharines Thorold

Welland Fort Erie Beamsville Fonthill Port Colborne

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

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NIAGARA

Commercial Real Estate & Business Opportunities

Volume 17 Issue 11

Jan Watson

Sales Representative

905-356-9600

3117_DJW_0036

3117_DJW_0035

TWO BUILDINGS IN ONE NIAGARA FALLS $1,150,000 • Excellent two properties for sale including business • Lot size 75x130 • Long, well established retail/convenience store w/ ample parking • High wkly sale plus lotto comm./$3500 monthly + ATM income

• Potential take out lunch/sandwich, soup, chili etc(still licensed) • Beautiful residence: totally finished living space 3339 sqft w/4+1, 3.5 bath, gas F.P, loaded hardwood flooring, high ceiling, walkout deck, easy access to QEW

More info. Call today JAN at 905-321-1751!

11319179_4317

What our clients are saying about us

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

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Broker nkazan@royallepage.ca Office 905.574.3038

Broker nvbredow@royallepage.ca Office 905.574.3038

Not intended to solicit Properties or Buyers Currently Under Contract

NT PROPER

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

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

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

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For information call 1.800.268.0077 Please say you saw it in The Commercial Investor

Volume 17 Issue 11

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 6746A MORRISON STREET, NIAGARA FALLS, UNIT 3,7 & 8

4317_DJW_0007

6700 MORRISON STREET, NIAGARA FALLS, UNIT 4

4317_DJW_0006

1072 sq. ft. unit available in high traffic location near the corner of Dorchester Rd. & Morrison St., across from Foodland/Dollarama Plaza. Good tenant mix with BMO as anchor tenant. $7.48 TMI. OFFERED AT $10. PSF NET Contact Mike Halliday, Sales Representative mike.halliday@colliers.com

Units available in high traffic location near the corner of Dorchester Rd. and Morrison St., across from Foodland/Dollarama Plaza. Good tenant mix with BMO as anchor tenant. $7.00 PSF NET PLUS $5.47 TMI Contact Mike Halliday, Sales Representative mike.halliday@colliers.com

300 FOURTH AVENUE, ST. CATHARINES

12190 LAKESHORE RD. WAINFLEET

1244 CHIPPAWA CREEK ROAD, THOROLD

3719_DJW_0009

3719_DJW_0008

0717_DJW_1_0024

+/- 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

HWY 20, FONTHILL

93 SHAW STREET, WELLAND

PT LT 3 & 4 BERTIE ST., FORT ERIE

4317_DJW_0024

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

3117_DJW_0010

+/-0.742 acres L-shaped parcel, +/-5,500 sq. ft. Many possibilities with this property. In operation for over 40 years as a variety/deli/grocery/restaurant. Some recent improvements. Located in close proximity to the sandy beach for the busy summer season. OFFERED AT $469,000 Contact Bryan Saelens, Sales Representative bryan.saelens@colliers.com

3719_DJW_0018

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

Very unique, once in a lifetime opportunity to work with the Town of Pelham in purchasing and developing a large mixed use land parcel within the Town of Fonthill. Numerous Commercial and Residential uses permitted within the subject area, known as the East Fonthill Mixed Use Centre. OFFERED AT $13,900,000.00 Contact Taylor Wilson, Broker of Record taylor.wilson@colliers.com

The industrial building is a +/-28,800 SF multi-tenanted situation with concrete block walls separating each unit. Each Unit is +/-2,400 SF. Heating is tube radiant in the warehouse and each unit has 2 grade level, +/-14’ high ship doors. OFFERED AT $1,872,000 Contact Greg Chew, Sales Representative greg.chew@colliers.com

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

BROKERAGE APPRAISALS MANAGEMENT

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_4317

Niagara Peninsula

3719_DJW_0007

246 VINE ST., ST CATHARINES

inthenews

Monetary policy data dependent given unknowns in inflation outlook, Bank of Canada Governor Poloz says

he Bank of Canada’s approach to monetary policy has become particularly data dependent, because of significant unknowns around the inflation outlook as the Canadian economy nears its potential, explained Governor Stephen S. Polozz, in a recent speech to the St. John’s Board of Trade, Governor Poloz reviewed the complex economic adjustments to the 2014 oil price shock, and the progress that has been made since. The Bank’s decision to ease monetary policy in 2015 helped facilitate this progress, and “we could see by the beginning of summer that the economy’s adjustments to lower oil prices were essentially complete,” the Governor said. While growth in the second quarter far exceeded expectations, and showed the expansion becoming more broadly based and self-sustaining,“recent data point clearly to a moderation in the second half of the year,” the Governor said. The challenge for the Bank now is to weigh the upside and

downside risks to inflation as the economy approaches its capacity. In the current environment, several unknowns are preventing the Bank from thinking mechanically about the outlook for interest rates, the Governor said. In particular, as the economy nears its potential, business investment can have the effect of pushing out its capacity limits, either through increases in productivity or the workforce, giving the economy more room to grow in a non-inflationary way, he said. Other unknowns that are clouding the outlook for inflation include the impact of the digital economy, which may be placing downward pressure on inflation, ongoing weak wage growth, and the sensitivity of the economy to higher interest rates given elevated levels of household debt. “We need to keep updating our understanding of the economy in real time,” the Governor said, as he highlighted the work done by the Bank’s regional offices to gauge business sentiment and gather intelligence from the business community. “There is no predetermined path for interest rates from here,” the Governor concluded.“Monetary policy will be particularly data dependent in these circumstances and, as always, we could still be surprised in either direction. We will continue to feel our way cautiously as we get closer to home, fostering economic growth and keeping our inflation target front and centre.”

Volume 17 Issue 11

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_4317

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

$399,800

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

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

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

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.

Each office independently owned and operated

905-871-5555

Jim Carver Sales Representative

905-651-5268

Cell: Email: jimcarv@cogeco.net

90,000 SQ.FT. GREENHOUSE IN ST. CATHARINES 4.6 acres of land, All glass houses with ridge venting, 3 phase hydro, Argus controlled heating, ventilation and watering. 150 H.P. Cleaver Brook main boiler, plus a 100H.P back up boiler. Automatic backup generator, Gutter fed cisterns. 4,200 sq. ft packing warehouse including 2 coolers. Spacious 2,000 sq. ft., 5 bedroom home on site. $1,700,000.00. Quick and easy access to QEW. Call Jim Carver today. 4317_DJW_0004

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

Tony Tripodi

tripodi@sympatico.ca

Broker

Garden City Realty Inc Brokerage Independently Owned & Operated

*INDUSTRIAL*COMMERCIAL*INVESTMENT*

Niagara Peninsula

Niagara Realty Ltd., Brokerage

8181576_4317

8171423_4317

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

10,600 SQ.FT. INDUSTRIAL BUILDING IN FORT ERIE Building features almost 9,000 sq. ft. of manufacturing area, 3 phase hydro, clear ceiling height from 8ft – 9 to 11 ft.. loads of office space, 3 washrooms, lunch room, just over 1 acre of property, ample onsite parking. Priced to sell at $550,000.00. Call Jim Carver today

14 SECORD DR., ST CATHARINES Centrally located on Secord Dr. Building with 3 separate units. Can be used as one whole area or divisible in 3 separate sections. Formerly operated as a ethnic club. Including large dance area – third section laid out for catering business with all kitchen equipment in place. New parking area goes right round the building. Only one year old. Air conditioned. Utilities separated. Strategically located between Scott and Lake. Listed at $919,000. Possible terms. Great deal for your business or as an investment. 3917_DJW_0018

4317_DJW_0004

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

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 17 Issue 11

Commercial Real Estate & Business Opportunities

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

info@profunds.ca info@profunds.ca

www.profunds.ca www.profunds.ca

Utilize Private Funds in your Real Estate Today!

The Pro Fund’s Client Experience:

We as the general public have been spoiled by the low bank rates being offered to date. Many investors become so enticed by low interest rates that they do not even consider the option of using private funding when they are declined by the bank, and as result, they turn away from a purchase or refinance that could have generated great profit for them.

Flipping Properties with Zero Down

Pro Funds Mortgages is happy to announce a new article series, The Pro Funds’ Client Experience. These articles will feature a variety of clients sharing their knowledge and experience in dealing with FirstFunds of all, are more and people getting declined byisthe bank? Today the banks have Pro towhy accomplish their realmore estate focused endeavours. Here Andrew Hines, a Mortgage Agent become verywith difficult to work with.how Thishe is they have imposed extremely and borrower Pro Funds who shares hasbecause utilized private funding to acquire and build strict and requirements for approvals and if you do not meet their exact credentials, you are declined and income property.

your buying power has been diminished. I am sure many have experienced such frustrations on

Rewind Mayimproved 1st 2015.banking Closingprotocol, day. It was finally coming together. of 2workers monthswho of specifically business ownersThe andresults contract the newtoand planning, due diligen e and a whole lot of waiting were finally paying oﬀ nd ean literally, y may have difficulty verifying income. Being in the mortgage industry for almost 2 decades now, I lawyer actually called me to let me know that I was getting a cheque for $73 upon closing of my have witnessed vast changes in the approval process for both residential and commercial lending. purchase of a beat up old rental. Wow, just when I thought buying real estate couldn’t be any more rewarding.

Just a short time ago it was possible to purchase a residential property, single family up to 4 units, withdeal onlylooks 5-10% down. Today you Iwould a minimum payment of 20%which of your The something like this: buy a need property with zerodown down, receive funds arepurchase held in trust to pay for my renovations and expenses, and then I sell the property and get paid. Not a bad price. You must be able to show that you have the funds to support this purchase and if you cannot deal…? verify your income as declared on your tax returns, then there is a very high probability that you will be declined. How many individuals have fallen into this category because of being “How is this possible”, you might ask? Well real estate is a business. And like any good business, self-employed? Majority of these individuals are the ones that are seeking alternative investments flipping requires a good business plan. From the beginning I made sure that I knew my numbers. When estateI for long term stability of ita could lack of and such I foundas thereal property, knew what it was worth, Ibecause knew what be post worthretirement and I knew pensions what I would government support. have to put into it to get that value.

process for private funding is based on common sense approach. A common sense approach entails analyzing a deal objectively and all-encompassing. A feasibility analysis would be As anyone thinking about flipping a property knows… you don’t get paid until you sell. So paying conducted along with an appraisal of the property, andthe anyprocess other relevant documentation things like mortgage payments and property taxes during can become a burden. Forwould me, be requested on a deal Although the interest are higher, private funding being able to borrow thespecific money basis. to cover those items made itrates that much easierwith to get through the process prevent any newflexibility grey hairs with from forming just above the sideburns. There was some heavyof there isand significantly more closing times (mortgages can close within a matter lifting theconfirmation, way and a few not-so-helpful tors onuta mortgage think theoffer. e Aory of taking a loan to values, andontra conditions higher interest days!),along income chimney down piece-by-piece using a sledge hammer will always stick with me. That was fun. rate is far worth the ability to purchase real estate that could produce great future value and profit that otherwise may not even be a possibility. 9649286_4317

Business Investor

So whattodid I do? all With of Pro that Funds, found a let fewthe private lenders to stop lend our me the I want inform ofthe youhelp investors weI cannot banks criteria realentire estate purchase price and renovation cost, in addition to my interest payments for the 6-month period I endeavours! We have access to private money where these strict rules do not apply. The approval allotted myself to do the work.

Commercial Real Estate & Business Opportunities

Volume 17 Issue 11

Your Real Estate & Mortgage Investment Specialists 1.888.330.3866

info@profunds.ca

www.profunds.ca

So how can you structure your very own “zero down flip”? 1. Know your numbers - See a lot of properties, find out what they are selling for, both before and after the proposed renovations, and build yourself a buﬀer of 20% over and above what you think it will cost. Talk to contractors, get estimates and be ready to play hardball if needed. 2. Back it up – Start the process with comparable sales (your realtor can help with this) this is how you’re going to convince your lender that you can actually get the property sold for what you think you can sell it for at the end of the day. If they’re going to lend you money they need to know you have an “exit strategy”. Be sure that you’re very clear on what yours is. Good mortgage brokers will require an appraisal because they have an interest in making sure everyone is protected. You should expect to provide an appraisal for the property “as is” and “upon completion” of the proposed renovations. 3. Work with a broker that focuses on creative financing – I’ve worked for, and used Pro Funds Mortgages for financing for 5 years now. Knowing I can get real estate financed has allowed me to be a lot more aggressive with my real estate acquisitions. 4. Be willing to give up other collateral – my portfolio is an open book when it comes to getting new money. I put up one of my other properties to avoid putting any money down on this deal and I would do it again in a heartbeat. The ease and speed of operating this way allows me to do more than I ever could with a bank. If you’re thinking about doing a flip of your own or are wondering how you can leverage your existing properties to purchase a property with little or zero down, contact Pro Funds Mortgages at 1-888-330-3866 or info@profunds.ca

Carmen Campagnaro President Pro Funds Mortgages

11289457_4317

Business Investor

Mazhar Roshan Sales Representative

HomeLife Professionals Realty Inc.

Direct GTA Direct Office

mazharroshan@sympatico.ca

BROKERAGE

I have qualified buyers for up to $5M in commercial and investment buyers. Call for details.

HAMILTON

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

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

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

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

1917_DJW_1_0056

1917_DJW_1_0013

1917_DJW_1_0043

FOR LEASE $ 8,200.00 PER MONTH

INVESTMENT PROPERTY - RENT FROM $2100 P/M

FOR LEASE – HAMILTON - $ 3,000.00 PER MONTH

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.

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

2317_DJW_0047

2717_DJW_6000

RE DU CE

DOLLAR STORE - $79,900

RETAIL STONEY CREEK MOUNTAIN

8148414_4317

905.929.9800 647.609.9463 905.574.6400

VACANT LAND $3,500,000

NEED TO SELL YOUR BUSINESS OR COMMERCIAL PROPERTY? THIS SPACE IS FOR YOU! 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

CALL FOR DETAILS

FOR LEASE - $20.00 PER SQUARE FOOT

$1,299,900

d e as

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

On Hwy #7 just before Ottawa. 150 acres of vacant land. Over a km facing on year round open gravel road. Property is surrounded by Thompson Lake in the town of Arden. All kinds of uses permitted. Call for more details. 1917_DJW_4_0006

R DE CT N U A TR N CO 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

BURLINGTON FOR LEASE $20.00 PER SQUARE FOOT

d e as

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

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inthenews

Investors continue to diversify portfolios, pursue prime assets in key markets Avison Young releases its Fall 2017 North America and Europe Commercial Real Estate Investment Review

endors of commercial real estate assets continue to attract a diverse group of eager buyers deploying an abundant supply of capital across asset classes and geographical boundaries. In some markets, scarcity of product has resulted in peak pricing, leading some investors to look further afield in a world of shrinking returns – and to take on more risk.

These are some of the key trends noted in Avison Young’s Fall 2017 North America and Europe Commercial Real Estate Investment Review, released recently. The report covers commercial real estate investment conditions in 54 markets in five countries on two continents: Calgary, Edmonton, Montreal, Ottawa, Toronto, Vancouver, Atlanta, Austin, Boston, Charlotte, Chicago, Cleveland, Columbus, OH; Dallas, Denver, Detroit, Fairfield County, Fort Lauderdale, Hartford, Houston, Jacksonville, Las Vegas, Long Island, Los Angeles, Miami, Minneapolis, Nashville, New Jersey, New York, Oakland, Orange County, Orlando, Philadelphia, Phoenix, Pittsburgh, Raleigh-Durham, Sacramento, San Antonio, San Diego County, San Francisco, San Mateo, St. Louis, Tampa, Washington, DC; West Palm Beach, Westchester County, Coventry, London, U.K.; Berlin, Duesseldorf, Frankfurt, Hamburg, Munich and Bucharest. “The commercial real estate sector remains awash in capital; and despite varying global economic, political and property market conditions, including the ongoing interest-rate scenario, there is no better place to put your money than in hard assets,” comments Mark E. Rose, Chair and CEO of Avison Young.“In short, real estate has established itself as a real alternative asset class to stocks and bonds.”

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He continues:“Our review of commercial real estate investment activity across diverse markets, countries and continents revealed a continued pursuit of prime assets in gateway markets. However, as scarcity of product and fierce competition are resulting in peak pricing in some of these markets, investors are continuously looking to diversify across product types and geographies, which means climbing up the risk ladder.” The report, which covers commercial real estate investment activity in the first half of 2017, shows that, on a year-overyear basis, Canada recorded an increase in investment sales with higher dollar volumes in five of the six markets surveyed. The majority of the capital went towards the office sector, while the retail sector registered the greatest increase. In contrast, the U.S. market lagged slightly behind the mid-year 2016 tally with 21 of 40 markets reporting reduced investment activity. Investors coveted U.S. office and multifamily product, while more capital flowed into the industrial sector compared with the same period one year earlier. Office also reigned in the five German markets with the industrial sector increasing its share of investment yearover-year. Following the Brexit shock in 2016 and a snap national election in June 2017, the U.K. investment market remains robust, while in Bucharest, Romania – the newest Avison Young market – deals comprised both single-asset and portfolio sales with the office sector again producing the majority of investment dollar volume in the first half of 2017. Rose adds: “As we go through 2017 and into 2018, the commercial real estate investment market will continue to be characterized by motivated buyers and sellers operating in relatively stable property markets and in a largely still-favourable debt environment. Despite elevated valuations, in the longer term, interest rates will rise and asset pricing will normalize.” CANADA

Investment in the Canadian commercial real estate sector is buoyed by a relatively healthy economy that is the envy

of the G7 countries and a commercial property market that continues to see varying, but largely healthy, fundamentals across the country’s regions and asset classes. “With record amounts of capital still seeking a home, investors continue to find ways to buy into Canada’s finite investable commercial real estate sector,”notes Bill Argeropoulos, principal and practice leader, Research (Canada) for Avison Young.“Capital from domestic and foreign investors continues to be largely directed towards Vancouver and Toronto, while the other major markets are also seeing their share of activity.” “On the vendor side, capital recycling continues in order to reduce debt, upgrade asset quality and diversify investments geographically. Surplus capital that can’t be placed domestically often finds its way south of the border, as Canada has retaken its place as the primary source of foreign investment in U.S. commercial real estate. Canadian institutional buyers, such as Ivanhoé Cambridge, Oxford Properties and the Canada Pension Plan Investment Board – on their own or in joint-ventures – were active during the first half of 2017 across major U.S. markets, including Chicago, Los Angeles, New York, San Francisco and Washington, DC, with office properties being the most notable assets purchased.”

• Disrupted by e-commerce, the retail sector was a close second with $5.1 billion in transactions (27 per cent share) as first-half investment more than doubled year-overyear. This result was bolstered by tremendous interest in Vancouver, which saw its country-leading retail investment total nearly quadruple year-over-year to $3.1 billion. Toronto was a distant second, with $1.3 billion in volume. • First-half investment in industrial product came in at $3.3 billion (17 per cent share) nationwide – up 35 per cent year-over-year. All markets recorded growth in transaction volume with the greatest sales total in Toronto ($1.7 billion/53 per cent of the national total). Accelerating industrial market drivers continue to be tenants’ demands for modern, high-ceiling logistics and fulfilment centres, and for facilities close to major urban centres for last-mile delivery service. • The multi-family sector was not far behind with $3.2 billion in first-half transactions (17 per cent share). Perhaps the most restrained markets by scarcity of available product, Ottawa and Toronto registered declines compared with firsthalf 2016; meanwhile, sales in Vancouver increased 146 per cent to more than $1.5 billion, leading the country.

• Finally, the least-traded asset class was ICI Land as $2.1 billion worth of properties changed hands during the first Says Argeropoulos:“Domestically, among the top-ranked half of 2017. Year-over-year, this was the only sector to transactions by dollar volume in Canada’s six major markets, record a decline in sales (-11 per cent) as dollar volume office assets were the most numerous, followed by retail and decreased in all markets with the exception of Montreal. multi-family. Office transactions ranked among the top five • Average capitalization (cap) rates were marginally in all markets except Edmonton, comprising a combination lower across all markets and all five asset types (with of partial-interest, single-asset and portfolio sales.” the exception of suburban class A office, which was NOTABLE FIRST-HALF 2017 CANADIAN INVESTMENT flat) compared with one year earlier. Multi-family assets MARKET HIGHLIGHTS: commanded the lowest yields – closely followed by retail – while overall rates showed the greatest compression year• Following a record $28.4 billion in commercial real estate over-year in Vancouver and Toronto. investment sales in 2016, Canada’s six major markets had first-half 2017 sales of almost $19 billion – up $4.3 billion, or 29 per cent, compared with the first half of 2016. Investors coveted office and retail assets, which combined for more than $10 billion in trades, or 55 per cent of the first-half investment tally. • Vancouver ($7.8 billion/41 per cent share) outpaced Toronto ($6.5 billion/34 per cent share) with investment proceeds surging 75 per cent year-over-year as vendors sought to capitalize on strong demand and peak pricing. With the exception of Ottawa (which saw investment activity plunge 57 per cent), the remaining markets – Calgary, Edmonton and Montreal – all recorded increases year-over-year, and each exceeded the $1-billion mark. • Supported by notable $200-million-plus transactions, office was once again the top investment sector with $5.3 billion in sales – an increase of 16 per cent year-over-year – and captured 28 per cent of total dollar volume. Toronto and Vancouver made up almost three-quarters of the national office total as investors poured nearly $2 billion into each market, mirroring the results registered one year earlier.

Argeropoulos goes on to say: “Almost three months into the second half of the year, we have already seen more than $3.5 billion change hands in Canada, including the likes of the 1.1-million-square-foot (msf) Constitution Square office complex in Ottawa for $480 million and Dream Office REIT’s estimated $1.4-billion office portfolio sale in Toronto, as well as a half-interest in Scotia Plaza.” Robin White, Avison Young Principal and Chair of the firm’s capital markets group, adds: “The remainder of the year and start of 2018 hold the promise of several more large-asset sales, such as 1000 Rue de la Gauchetière, a 917,000-sq.-ft. tower in Montreal; and the 2.2-msf Bay-Adelaide Centre office complex in Toronto. In addition, Cominar REIT intends to sell its non-core assets outside of Quebec and Ottawa comprising 6.2 msf. Taking market trends and forthcoming deals into account, the overall 2017 investment total could match or exceed the record level registered in 2016.” Avison Young is the world’s fastest-growing commercial real estate services firm, headquartered in Toronto, Canada. For the full report please visit avisonyoung.com

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legallyspeaking

Commercial lease agreements: Why landlords need lawyers

wnership of income-producing properties typically involves the negotiation of commercial leases with your tenant(s). This article explores a few of the considerations inherent in the negotiation and drafting of commercial lease agreements.

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Aside from the financial considerations noted above, commercial leases must also cover off any “special” requirements to prevent confusion going forward; as an example, use clauses or renewal terms. Tenants typically prefer leases with renewal options. Tenants typically also desire the ability to “assign” their lease as this affords them flexibility to sell their business. Any such provisions should give you broad discretion to vet any prospective assignee to ensure they would be a prudent and reliable tenant. The lease should make sure the tenant will pay any legal and/or administrative costs incurred on any renewal or assignment of the lease. NEGOTIATION OF THE LEASE

Landlords often have their standard form or “boilerplate” commercial lease agreement which they present to prospective tenants for review prior to execution. Savvy tenants will typically have retained a lawyer to review the document and offer proposed amendments. In a scenario where there will be a back-and-forth in respect of the ultimate wording – and particularly where the prospective tenant has retained a lawyer – I highly recommend hiring a solicitor to quarterback the negotiations. From my practice I have found landlords all-too willing to cut out provisions which could severely compromise them in the interests of not losing the tenant. CONCLUSION

It goes without saying that all warranties, representations and terms outlining the landlord/tenant relationship must be incorporated into the lease agreement. These documents can often run between 30 to 50 pages in length. It is far better for your commercial lease to be “too long” than “too short.” Sitting down with an experienced commercial lawyer to properly negotiate and draft your commercial lease at the front end can save you considerable aggravation down the line. COVERING OFF ALL THE BASES

Commercial leases are complex documents and in this article we can only skim the surface. You need to speak to a lawyer who understands this area of law. There are fundamental components of the lease which a solicitor should prepare/review to ensure it meets your practical and commercial expectations. Principally, you will want rental payments defined and broken into “base rent” and “additional rent.” Base rent is your money. This is the amount used to determine net income. Additional rent represents all of the expenses that may be shared by the tenant or paid directly for utilities such as electricity, water and gas and things like maintenance insurance and realty taxes. If you are thinking of a net-net lease this is critical. Have you ensured the lease clearly defines how any increases in rent during the lease term are calculated?

Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the website schwarzlaw.ca, email info@schwarzlaw.ca, or phone us at 1-888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.

Jayson Schwarz LL.M is a Toronto business lawyer and senior partner in the law firm Schwarz Law LLP. Konstantine Chatzidimos is a Toronto business lawyer and associate in the firm.

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

SPOTLIGHT SECTION THE GANARASKA RIVER RUNS THROUGH IT! For sale is 120 incredibly unique acres at Port Hope, just north of Hwy. 401, with a world-class cold-water salmon and trout fishery, lucrative maple syrup business, dog kennel business, original 1930 homestead with stone house and barn, and a corner of the property is designated as employment (commercial / industrial development potential). Asking $3 million. See video at PlatinumTeam.com/ DaleRoad, or contact us for an information packet. BOWES & COCKS LIMITED, BROKERAGE, PLATINUM TEAM Kate Archer, Broker 11318179_4317

705-930-4040 | Kate@PlatinumTeam.com

You’ve just found your nexthome!

THE COMMERCIAL INVESTOR SPOTLIGHT

COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!

11312437_4317

“WE PRODUCE RESULTS”

Free CMA Evaluation with this cut out ad

LAND DEVELOPMENT / INVESTMENT / BUY & HOLD FUTURE 415 #6 HWY S HAGERSVILLE

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

$688,888 “Buy and Hold Investment Opportunity” Fantastic agricultural property consisting of 30+ acres with two out buildings that can be used for multiple storage. Property has a possible severable lot, with possibility for commercial zoning as well. Home is being sold “AS IS”. MLS #H3175073. LAND AND BUILDING

1917_DJW_3_0032

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

$428,888 Multi use fully tenanted property with turn key operation. Seven units with separate meters. The 7th hydro meter is being installed. This amazing opportunity to generate approximately $41,000 net operating income! Roof replaced approx. 5 years ago. Parking available for up to 10 vehicles. Appraised at $415,000. MLS #H3200286. BUILDERS DELIGHT

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W NE

REDUCED $1,950,000 $1,088,888 Excellent opportunity for the right entrepreneur to use their talents to either set up as a repair shop or mixed use, auto sales, auto detailing. High visibility with high density traffic with excellent signage. Priced right for building & land. MLS #H3191403. UNIT 317 - 1100 SOUTH SERVICE RD., STONEY CREEK

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$418,000 New listing. Investors delight. Executive office space with beautiful views of Lake Ontario. Approx. 1850 sq. ft. Call LBO to view. MLS #H3205374. 1019 WILSON ST ANCASTER

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$2,995,000 Developers Delight. Value is in the land and location!!! High density corner location. Double driveway. Located in heart of business area in Ancaster/Hamilton across from Smart Centre and future development site. MLS #H317442. 18G COM

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

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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. LIGHTHOUSE DRIVE, DUNNVILLE

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

Commercial Team In Canada! *

The PB Team Realty

+ **

COMMERCIAL

www.PBcommercialteam.com ** Sales Representative + Broker

PRIORITY VIEWING!! SPECIAL BONUS!!! MARKHAM’S NEWEST TOWNHOMES! 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 high-demand, sought-after McCowan/16th area! Chic and stylish, these urban towns feature a stunning design, aesthetic, desirable features, expert craftsmanship and over 2,000 sq. ft. A selection of the townhomes will be offered with rare 2-car garage! You will find many beautiful nearby parks with numerous scenic pathways just waiting to be explored. Markham’s popular attractions, Main Street Unionville and Main Street Markham, are a short drive away with both offering unique shopping and dining experiences.

LIFE IS CHIC IN MARKHAM

0916_DJW_3_0071 WOODBINE/MAJOR MAC

INVESTMENT OPPORTUNITY

0916_DJW_3_0071 MAIN/DANFORTH

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EAST GARAFRAXA 239 ACRES

PRIME COMMERCIAL/ RETAIL SPACE

Excellent opportunity! Wholesale/retail meat and fish distributor. $1M+ spent on equipment, electrical and state of the art facility! Owner retiring. Training available. Great lease terms! $629,880. Call Peter: 416-606-7882

Ideal Markham location! On a main artery, part of the Cachet area, just 1/2 mile from the proposed Buttonville 4.6 million sq. ft. development site and adjacent to the Montessori School! Portion used as office space. One-of-a-kind. $1,688,000. Call George: 416-554-7653

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0916_DJW_3_0071 MISSISSAUGA

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

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

19G COM

Private Funding QUICK CLOSINGS AND FULLY OPEN

INVESTORS We will fund land, vacation properties, condo conversions, flips, vacant, income properties & self employed/no income. We will also fund 100% of a purchase with security on other real estate. (oac)

BUILDERS AND DEVELOPERS We have funds for construction financing, mezz & development funding. Funding available from $50,000 to $50,000,000.

Experienced and easy to work with - call Profunds today!

1.888.330.3866

www.profunds.ca

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