Commercial Investor - 15 Apr, 2017 by NextHome

Apr 15 - May 13, 2017, Volume 17 Issue 04

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! • 53 Unit Apartment Building. • Steel, concrete and brick construction. • Central Kitchener location close to St. Mary’s Hospital, Downtown, Regional Transit Hub, UW Pharmacy School and McMaster Medical School. • Opportunity abounds! This building is not condo titled and further, immediate upswing is available by increasing rents, through additional unit renovation/ tenant repositioning and submetering. • REIT Grade opportunity. • MLS.

Mike Milovick, Broker Royal LePage Grand Valley Realty, Brokerage 519-745-7000

mike@teammilovick.com | www.teammilovick.com

Jelena Nidogon, Broker Remax Twin City Realty | 519-781-7755

CHESLEY - RESIDENTIAL SUBDIVISION - $840,000

RE DU CE D

ED UC D RE

30 ACRES

367 HIGHLAND ROAD W, KITCHENER - $7,900,000

OWNER ANXIOUS TO SELL. Featuring 60 registered unserviced building lots, plus approx. 30 acres of flat land, zoned residential. The property is situated in the picturesque town of Chesley (just north of Hanover). Chesley boasts its own modern hospital, numerous churches, social clubs, supermarket, an active Main Street with a new large Grey-Bruce School Board Head Office.

ASKING ONLY $840,000 For Marketing Brochure Call: Winston Davies, Broker of Record WinCorp Realty Inc., Real Estate Brokerage Suite 411 – 60 Wyndham Street South, Guelph, Ontario N1E 7H7 Tel: 519-836-2080 Email: wjmdavies@rogers.com

Brokers Mobile Real Estate Network Listing Service

New Listings Daily, Haves & Wants, 75% Exclusive Results in 3-7 seconds on your phone

ICIWorld.com iciworld.mobi Add It To Your Home Screen Or Add The ICIWorld App

FREE SUBSCRIPTION!

Unique property which offers development opportunity for many potential uses. $2,490,000. For further information:

MIKE K. NANAVATI Broker of Record Wind Star Realty Limited, Email: mnanavati@sympatico.ca Tel: 416-730-8484 Fax: 416-590-1666

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

FC_1517 (COM)

-214-487 6 5 41

360 ACRES. EAST OF LAKE SIMCOE. 4,000 FT. OF SHORELINE ON CANAL LAKE.

LAKE FRONT RESTAURANT UNIT

BRAND NEW COMMERCIAL CONDOS

FUTURE DEVELOPMENT LAND

ONLY 1 UNIT LEFT

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 easyaccess to the Niagara QEW. Available winter 2017/2018. 1517_DJW_3_0023

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. Occupancy available fall 2016. Call Nick and Nic for further details. 1517_DJW_4_0023

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

SPACE FOR LEASE

ATTENTION LAND OWNERS

$16 PER SQ FT PLUS $4 TMI/CAM

1517_DJW_2_0026

WE NEED DEVELOPMENT LAND PLEASE CALL US 1000 sqft. office space available in professional building. Unit is located in the lower level of the building with one large open space and separate office. Asking price of $895 per month. Building is located on Kenilworth Ave. N. across from Centre Mall Canadian Tire store and Gas Bar. Solid 2 storey building newly refreshed with a new facade, to give it a modern and vibrant look to attract your customers. Call Nick and Nic for further details. 1517_DJW_1_0028

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 1517_DJW_3_0008

SPACE FOR LEASE COLBORNE ST. E. BRANTFORD

FOR LEASE

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. 1517_DJW_4_0011

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. 1517_DJW_5_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. 1517_DJW_1_0866

RETAIL UNIT FOR LEASE

SOLD BRAND NEWOUT COMMERCIAL CONDOS - GRIMSBY

BUILDING FOR SALE

OFFICE UNIT FOR LEASE IN STONEY CREK

IN STONEY CREEK

D SE

1238 sqft unit avail in Spartan Square in Stoney Creek, a well cared for, busy plaza at the corner of Hwy #8 & Spartan Av. Join existing & successful businesses in the plaza such as Subway, Home Hardware & First Choice. Plenty of parking. STONEY CREEK AskingIN$15 per sqft. plus $9.86 TMI per sqft. 1517_DJW_3_0010

LD O S T OU Branthaven Homes presents the Lake House commercial condos. Brand new Commercial/Retail/Office condos by Branthaven! Approx. 975 sq. ft. to 1100 sq. ft. units, with two up to 1600 sq. ft. in size. Located in Grimsby just off of Casablanca Blvd and QEW interchange, on the Branthaven Lakehouse development. Direct exposure to the main road, with plenty of parking. Strategically situated surrounded by high and medium density residential. Occupancy as early as fall 2017! 1517_DJW_2_0025

IN HAMILTON

$1,050,000

ER T D UN RAC NT O C

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. 1517_DJW_2_0009

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

1517

AVAILABLE

INVESTMENT OPPORTUNITIES

SOUTHWESTERN ONTARIO INVESTMENT TEAM

11284449_1517

BATEMAN TRA

K ROAD WHITEOA

COMMERCIAL DEVELOPMENT LAND London, Ontario + + + +

INVESTMENT OPPORTUNITY Kitchener, Ontario

Two corner parcels available 1.37 Acres & 1.63 Acres, services at the lot line Zoned Restricted Service Commercial Asking $225,000 per acre

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

+ + + +

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

DEVELOPMENT LAND OPPORTUNITY Delaware, Ontario + + + +

±89.79 Acres agricultural zoned land ±7.89 Acres light industrial zoned land Can be purchased together or individually Combined Asking Price: $2,390,000

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

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

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

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

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

+ + + +

Approximately 18.79 Acres Official lan: densit residential 3 Registered future residential blocks Asking $2,500,000

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

LAND OPPORTUNITY Wilmot Township, Ontario

INVESTMENT PROPERTY Kitchener, Ontario

+ 45.18 Acres (±31 Usable acres) + Zoning: Zone 10 (H) + Asking $1,829,000

+ 15,556 Sq. Ft. + Fully leased + Recently renovated

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

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

ATTRACTIVE OFFICE BUILDING Cambridge, Ontario + + + +

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

LOW DENSITY RESIDENTIAL DEVELOPMENT Tillsonburg, Ontario

SINGLE TENANT OFFICE PROPERTY INVESTMENT Kitchener, Ontario + + + +

43,572 sq.ft on ±2.6 Acres Newer Vintage Building High Quality Tenant Long Term Net Lease

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

MULTI-TENANT INDUSTRIAL OPPORTUNITY Kitchener, Ontario + + + +

Huron Business Park 4 Tenants, 100% occupied 16,950 sq. ft. on 1.33 acres Zoned B2

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

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 CC O M M EERRCCIIAALL OOPPPPOOR R TN U INTIITEISE S TU

ATTENTION INVESTORS DOWNTOWNINVESTORS LOCATION ATTENTION

367 Talbot Street St. Thomas, ON Ð Ð Ð Ð Ð

BUILD TO SUIT

Ask ing Price $ 360, 000

Site Area of approximately 0.153 acres Frontage - 37.62 Feet Depth - 110.00 Feet Zoned C2 - Downtown Commercial Taxes (2016) $13,795.57

Andrew J ohnson, Sales Representativ e 519.438.8639 andrew.johnson@ cushwakeswo.com

EAST LONDON

INDUSTRIAL LAND

161 Bonav enture Driv e Ð 93,000 sf - freestanding London, ON industrial / 267 are 9 H ow ard Av office enuefacilit ouse and Sale Price $ 7 99, 000 Windsor, ON Ð PartiallyLease tenanted Rate $ 22.00 psf 7.05 Acres Ð 93,000 sf - freestanding industrial / Ð Build to Suit with various siz e Ð 16’-30’ foot clear height are ouse and office facilitup to units available from Various grade Ð Partially tenanted 20,000loading sq .ft. doors Ample on-site Ð Zonedparking HS1,4 and RSC 2,3,4 Ð 7.05 Acres Ð 600v Corner location withseveral established 3 Phasefoot power with Ð 16’-30’ clear height businesses in the area connection points with various Ð Various grade loading doors Ð For Sale and For Lease amperage’s throughout Ð Ample on-site parking Brent Rudell, Brok er of Record 10Phase cranes600v ranging from 5-25 ton Ð 3 power with several 519.438.5608 brent.rudell@ storage Ð connection Indoor / Outdoor points cushwakeswo.com with various J ohnson, Sales Representativ e Ð amperage’s $175,000 Andrew NOI w/excess vacancy throughout 519.438.8639 andrew.johnson@ cushwakeswo.com Ð 10 cranes ranging from 5-25 ton Ð Indoor / Outdoor storage SALE PRICE $ 2, 95 0, 000East 17 NOI 00 Dundas Ð $175,000 w/excessStreet vacancy London, ON

NEW PRICE $ 2, 7 5 0, 000 Sale Price 0, 000 SALE PRICE $ 2, 95$ 1,0,e 95000 Andrew J ohnson, Sales Representativ 519.438.8639 Ð Located on Dundas Street between

andrew.johnson@ cushwakeswo.com NEW PRICE $ 2, and 7 5 Third 0, 000 Second Street Street.

Located Beside Gibraltar Trade Centre

George K erhoulas, Sales Representativ e 519.931.2181 george.kerhoulas@ cushwakeswo.com

PRESTIGIOUS BUILDING INDUSTRIAL LAND

267 9 H ow ard Av enue Windsor, ON

Dav id J ongerden, Sales Representative Andrew J ohnson, Sales Representativ e 2.53 acres Ð Total Site Area: Approx. 519.438.9125 519.438.8639 Ð Potential Gross Income: david.jongerden@ cushwakeswo.com andrew.johnson@ cushwakeswo.com

VACANT LAND VACANT

Over $300,000 Per Year Ð Potential Net Income: Over $169,000

PRESTIGIOUS BLDG

Dav id J ongerden, Sales Representative Per Year 519.438.9125 Ð Current Net Income: Approx. david.jongerden@ cushwakeswo.com

Ð Over $95,000 Per Year East London Multi- Unit Commercial Plaz a Plus Free Tyler Desj ardine, Sales Representativ LAND Standing Building For Sale PRESTIGIOUS BLDG 519.438.5403 tyler.desjardine@

LAK EFRONT FARMLAND Veterans Memorial Pk w y &

London, ON

Riv er Rd

1424 Southdale Road West London, ON

cushwakeswo.com

42917 Dexter Line Central Elgin, ON

602 Q ueens enue$ 2, 300, 000 Sale Av Price London,Ð 201 ONAcres abutting Lake Erie

Ð Potential for Future Development Ð Approximately 9.5 Acres Memorial y & Riv er Rd 1424 Southdale Road Ð Approximately 16.58 AcresWest ÐVeterans Excellent exposurePktow Veterans Ð Located in Byron outside the Urban London, ON London, ON Memorial Parkway Growth Boundary Convenient highway access to 401 Ð Potential for Future Development Ð 602 Approximately 9.5 Acres Q ueen Av enue Ð Great 400 Series highways Lease Rate $ 14.95 psfaccess Net to16.58 Ð Approximately Acres Zoned H* ON LI2 Ð London, Excellent exposure to Veterans Ð Abutting small towns of Komoka, Ð Located in Byron outside the Urban Ð Ð Memorial ail traffic count of ain fringe ro imatel Parkway Premier office s ace do nto n core Kilworth and Delaware Growth Boundary per day Ð Ð 26,000 Convenient access to Ð Zoned AG1 On-site,vehicle freehighway parking included in 401 rent Ð Great access to 400 Series highways Ð Ð Zoned H* LI2 sq uare feet Over 38,000 ÐSALE Abutting small towns of Komoka, SALE PRICE $ 995ed s, 000 PRICE $ 689, 900 ired and finis Ð Ð ailell traffic count of a roace imatel Kilworth and Delaware Brent Rudell, Brok er of Record Brent Rudell, Brok er of Record Ð 26,000 Preference for single user but space may be demised vehicle per day Ð519.438.5608 Zoned AG1 519.438.5608

Ð Premier minutes office sfrom acedowntown in fringePort Stanley. 602 Q ueens Av enue downtwon core Ð Property is currently farmed for Corn ONBeans ÐLondon, On-site, and free parking included in rent Ð Sandy andfeet Light Clay soil Over 38,000 Ð Premier officesqLoam suare ace in fringe runs t roug out t e at and cleared Ð downtwon ell ired core and finis ed s ace acreage. Preference single user but space Ð On-site, freefor parking in rent Ð Included are 125 included Workable and 76 Forested well as a may be demised Ð Over 38,000 sq Acres, uare as feet farmhouse and barn. Ð ell ired and finis ed s ace is income from a psf Bell LEASEÐ Included RATE $ 14.95 Net Ð Preference for Tower single user butproperty space Mobility lease on the Dav id J ongerden, Sales Representativ e may beÐ demised Future income potential through 519.438.9125

SALE PRICE $ 995 , 000

income$ sources LEASEÐ Many RATE 14.95abound psfas Net

brent.rudell@ cushwakeswo.com Dav id J ongerden, Sales Representative

brent.rudell@

cushwakeswo.com

id J ongerden, Sales Representative SALE PRICE Dav $ 689, 900

519.438.9125 Andrew J ohnson, Sales Representativ e david.jongerden@ cushwakeswo.com 519.438.8639 Brent Rudell, Brokcushwakeswo.com er of Record andrew.johnson@ 519.438.5608 brent.rudell@ cushwakeswo.com

519.438.9125 J ameson Lak e, Sales Representative david.jongerden@ cushwakeswo.com 519.438.8548 Brent Rudell, Brok er of Record jameson.lake@ cushwakeswo.com 519.438.5608 brent.rudell@ cushwakeswo.com

Andrew J ohnson, Sales Representativ e 519.438.8639 andrew.johnson@ cushwakeswo.com

J ameson Lak e, Sales Representative 519.438.8548 jameson.lake@ cushwakeswo.com

. 43388. .5 5 5 5 88 88 5 5w 1w 19w 9.cushw .4 ak esw o.com w w Realw Estate .cushw ak esw o.com Brokerage, Independently Owned and Operated

5 19.438.5 5 88

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

w w w .cushw ak esw o.com Real Estate Brokerage, Independently Owned and Operated A4GMember of the Cushman & Wakefield Alliance COM

and maple syrup production david.jongerden@logging cushwakeswo.com

well as future development potential

Dav id J ongerden, Sales Representativ e 519.438.9125 david.jongerden@ cushwakeswo.com

CUSH MAN & WAK EFIELD

SCUSH o u t h w MAN e s t e& r nWAK O n tEFIELD ario

Southw estern Ontario 620-A Richmond Street

CUSH MAN620-A & 2ndWAK Richmond Street Floor, EFIELD Box 19

Box N6A S o u t h London, w e s t Ontario e r2nd n Floor, O n t5J9 a r i19 o

London, Ontario N6A 5J9 620-A Richmond Street 2nd Floor, Box 19 11266917_1117 London, Ontario N6A 5J9

Crystal Beach

ED AT TIV R! MO ELLE S

P RE RIC DU E CE D!

• Current Usage:

• Asking $1,875,000 • Asking $46,875 per Suite • Located in Popular Tourism Town in Niagara

12 x Lofts, 6 x Bachelors, 17 x 1 Bdrm, 2 x 2 Bdrm, 1 x 3 Bdrm, 1 Retail Unit, and 1 Mgmt Office • Brand New HWG Boilers

South Region • Zoned for Residential/ Commercial Uses • Potential for Tenants to Pay Own Hydro on

(2016) • Minutes to Beach, Shopping, Restaurants, and Fort Erie • 7.75% CAP Rate (Projected)

Turnover

Cambridge

• Asking $1,440,000

neighbourhood with all

TE UP NTIA SID L E

• Upside potential on

turnover amenities nearby • Easy access to Cambridge • 22.8% ROI with 15% down transit for tennants • Solid concrete block

• Treat financing as clear • Seller may consider a VTB

construction

mortgage to a qualified

•Features large

E AT UL AC INGS M D IM IL BU

Forest

EX C LA ESS ND

• 23 x Two Bedrooms

• Asking $2,650,000

• 28 x Two Bedrooms

• Located Off Major Street

• Asking $94,643 per Suite

• Well Maintained Property

• Metal Roof installed in 2008 & Snow Guards installed in 2012

in Quiet Residential Neighbourhood • Potential Upside on Rents on Turnover • 5.2% CAP Rate

• Large Lot with Plenty of Greenspace

• 13.9% R.O.I. • Treat Financing as Clear

• Laars Mighty Therm Boiler • Closing must be on installed 3 Years ago

June 1, 2017

23 Suites

• Three Buildings on Lot with Excess Land Potential for Development of Additional Units • Buildings builts in Stages between 1990 and 1998 - Some Suites may not be Subject to Rent Control

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. • Treat Financing as Clear

9 Suites

• Asking $86,957 per Suite with Spacious Units

LA SU RGE ITE S

• 3 x One Bedrooms

• Asking $ 72,222 per Suite

12 Suites

• Asking $2,000,000 • Well Maintained Building

• Asking $ 650,000

Dover in Norfolk County

buyer

Apartments

• Treat Financing as Clear

Tillsonburg

• 1 x One bedroom

• Asking $120,000 per Suite • 11 x Two bedrooms • Well maintained Building • Good rental

40 Unit Apt/Comm Complex

WO L T MS AL ROO D BE

P RE RIC DU E CE D!

SY E EA NAG A M TO

Vittoria

% 6.3 RATE P CA

with Great Suites • Good, Mature Tenant Profile • All Roofs replaced in the Last 10 Years • Quiet Town close to London and Sarnia • Treat Financing as Clear

28 Suites in 3 Buildings

LLY IFU UT RED A O BE EST R

Windsor

EX C LO ELL CA EN TIO T N

• 1 x Studio, 1 x Bachelor • Asking $140,000 per Suite • 4 x One Bedrooms • 4 x Two Bedrooms • Property Operated as • Close to All Amenities Short Term Executive - 5 Minutes to City Center Accomodations; Possible • 2 Blocks to Ambassador Conversion to Rental Apts Bridge & University of or Student Residence Windsor Type Uses • 7.37% CAP Rate • Clean and Beautifully Kept Operating as Executive - a Must See Property! Rentals • Thermal Windows, with • Treat as Clear - Purchaser Window Air Conditioning to Arrange Financing • Asking $1,400,000

10 Suites

8172756_1517

COM

Don Rankin Broker

905-575-5478

donrankin@remaxescarpment.com

TRAINING CENTRE/MONEY MAKER TRAINING CENTRE/MONEY MAKERASKING $2,950,000

0717_DJW_0017

ASKING $2,950,000

0717_DJW_0018

0717_DJW_0019

0717_DJW_0020

Over 300 stalls, 1/2 mile training track (newly calibrated by Professionals), paddocks, walker, sand track, out buildings, 9 apartments, pond and a high occupancy rate, low tech, a great business to be in! Located in Campbellville just minutes from the 401 Hwy. and Mohawk Raceway, Flamborough Downs and a short drive to Toronto's Woodbine races. One of the premiere farms in the area for location, facilities, and convenience. High income potential (high occupancy) great upside possibilities. Almost a million dollars spent in upgrades in the last year. Over $55,000 per month income at present and growing. 8468583_1517

247 CENTENNIAL PARKWAY N., HAMILTON

QEW & CENTENNIAL PARKWAY 45 GODERICH

OFFICE SPACE

COMMERCIAL/RETAIL/ OFFICE SPACE

OFFICE RETAIL SPACE

Close to The Court House, City Hall and McMaster, Available Immediately Downtown office space from 155 sq. ft. to 1548 sq. ft. From $12.00 per sq. ft. gross.

For Lease - 922 sq. ft. - from $12.00 per sq. ft. Close to QEW, Red Hill Parkway & major bus routes.

Available Immediately. 918 - 2457 sq. ft. Plenty of parking and signage. Easy access to QEW. Rent from $11.00 per sq. ft.

8 MAIN ST. E., HAMILTON

1715_DJW_2_0029

1715_DJW_1_0028

1715_DJW_1_7007

905-777-0252 ext 304 E-mail:

info@desantis.com

www.desantis.com 6G

COM

8148088_1117

Tony DeSantis

$5,495,000

1517_DJW_1_0045

$995,000

$4,890,000

• 1.8 acres development land Downtown Kitchener • Zoned CR-2 allows for commercial space and condominium/apartment units • Approved for up to 11 storeys & 120-200 condo units

• Currently operated as parking lot & fully leased 9,500 sqft office building • Close to Google, Canada Revenue Agency, Manulife and Waterloo Region Courthouse • Exclusive Listing • Call Neil Koebel

#8 - 160 FROBISHER DR, WATERLOO

$289,900

1517_DJW_1_0027

159 ERB ST W, WATERLOO 1517_DJW_1_0029

$1,030,000

1517_DJW_5_0024

2786 KING ST E., KITCHENER

WEBER ST E, KITCHENER 1517_DJW_1_0042

153 UNION ST E, WATERLOO

• 2 acre high profile redevelopment site • Proposed C-2 zoning allows for high density residential/mixed use neighbourhood commercial • Minutes to Hwy 85, on public transit route and few blocks from two future LRT stops • Ideal for main floor commercial and up to 12 storeys residential at density up to 242 bedrooms per acre • 11,500 sq ft vacant professional office building currently on site • MLS • Call Duncan McLean

D L O S

• Recently renovated 1,000 sf industrial condo with mezzanine available in Northland Business Park. • Well maintained and professionally managed condominium development. • Unit is ideal for small investor or owner occupied small business. • MLS • Call Duncan McLean

$29.00/SF

$149,900

D L O S

• Sought after 1,000 square foot industrial condo in North Waterloo. • Convenient access to Highway 85 • 1-2 Zoning allows for many manufacturing, warehouse, office, service & repair uses

• Floorplan has reception area, work area, office and washroom • MLS • Call Duncan McLean

$15/SF

281 GODERICH ST, PORT ELGIN

• Freestanding restaurant currently occupied by 3500 sf Tim Horton's • CR-2 Zoning allows for restaurants, office, heatlh clinic, financial, etc. • Excellent Downtown Kitchener location

• On public transit route & close to new LRT • Ample onsite parking • Tenants pay maintenance & overheads • MLS • Call Neil Koebel

K ITCH ENER, ONTARIO

5 1 9 .5 7 8 .0 3 3 7

CELL:

IRA NEEDLES BLVD, KITCHENER

FROM $26.00/SF

• Pre-leasing • Up to 46,000 sf Commercial • $26.00/sf for office space, $32.00/sf for retail space to $40.00/sf for pad site • Located at high traffic intersection of Ira Needles

& University Ave W, across from the Boardwalk • Property is subject to final zoning approval • MLS • Call Duncan McLean

#2 - 28 WEBER ST W, KITCHENER

$9.49/SF

1517_DJW_2_0041

1517_DJW_3_0013

1517_DJW_1000

197 FREDERICK ST, KITCHENER

SOLD #10 - 90 RANKIN ST, WATERLOO

• Rare Waterloo 1,937 sf industrial condo for sale • Excellent location close to Hwy 85, 7 & 8 • Includes spray booth, compressor, showroom with gas fireplace, office, kitchen, mezzanine storage and washroom • Condo fee is $335 per month plus HST • MLS • Call Duncan McLean

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

• Prime downtown location with great exposure • 1537 sf professional office space • 2nd floor unit includes 3 large offices, a large board room and a reception/ seating area

• 3 on-site parking spots & approx. 850 sf basement storage included • CAM $8.50/sf • MLS • Call Ryan Briggs

NEI L K O EBEL

RY AN BRI G G S

D U NC AN MC LEAN

Broker of Record

Sales Representative

5 1 9 -7 4 1 -6 5 9 4

Neil@ cmarealty.ca

CELL:

5 1 9 .4 9 8 .5 7 7 5

Ryan@ cmarealty.ca

CELL:

11280798_1517

$159,900

1517_DJW_4_0012

1517_DJW_2_0034

SOLD #2 - 90 RANKIN ST, 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 • Call Ryan Briggs

1517_DJW_2_0013

• 1.3 acre redevelopment site • Includes vacant land at 1401 Weber St. E. • Zoned C-6 (Commercial) • Great location close to Hwy 8 with excellent exposure • Total potential annual income of $64,800 • Exclusive Listing • Call Neil Koebel

5 1 9 .5 9 0 .7 9 9 7

D uncan@ cmarealty.ca 7G

COM

AVAILABLE

INVESTMENT OPPORTUNITIES

SOUTHWESTERN ONTARIO INVESTMENT TEAM

MULTI-TENANT INDUSTRIAL BUILDING London, Ontario + + + +

Total building area: 49,406 sq. ft. Site area: 2.04 Acres Industrial: 32,315 sq. ft. | Office: 15,122 sq. ft. Asking $2,900,000 ($59.00 sq. ft.)

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

+ + + +

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

RESIDENTIAL DEVELOPMENT LAND Talbotville, Ontario + Approximately 37.3 Acres + Zoned Settlement Reserve + Asking $2,200,000

+ + + +

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

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

40,000 sq. ft. building with 11 tenants 4.73 Acre lot (1.5 acre surplus) Above average parking Asking $2,400,000

+ 2.38 Acre site at signalized intersection + Over $2 million potential upside + Asking $6,250,000

+ + + +

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

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

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

+ ±28 Townhouse site + Ravine cul-de-sac setting + Asking $1,200,000 ($48,857/Unit)

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

+ + + +

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

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

Sean Hyland Motorsport | Founded in 1988 Building in excellent condition, built in 1999 Cap Rate: 7% Asking $1,270,000

27,644 SQ. FT. RETAIL PLAZA London, Ontario

TOWNHOUSE DEVELOPMENT LAND Brantford, Ontario

COM

SALE LEASE BACK OPPORTUNITY Woodstock, Ontario

MULTI-TENANT INDUSTRIAL London, Ontario

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

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

11314136_1517

INDUSTRIAL PARCEL(S) HWY 7 Breslau, Ontario Central to KW, Guelph, and Cambridge Zoned C3, many potential uses 1.71 Acres total along Hwy 7 Asking $1,290,000 ($395,000/$895,000)

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

MULTI-RESIDENTIAL DEVELOPMENT LAND Waterloo, Ontario

TOWNHOUSE DEVELOPMENT OPPORTUNITY Simcoe, Ontario

0.87Acres Approved for 188 Units (236 Bedrooms) Prime location between Uptown and University Asking $6,200,000

+ ±101 Unit townhouse site on 9.50 acres + Services available at lot line + Asking $1,995,000 ($210,000/acre); ($19,752/ unit)

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

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

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

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

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

www.cbre.ca * Sales Representative ** Broker

D L O S

T U O

For Sale Waterloo Totally renovated Gas furnace, A/C Call for details

28 Unit Building Guelph $269,900 Call for Details

11305825_1117

COM

11314820_1517

10G COM

Volume 17 Issue 04

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

INDEX Kitchener, Waterloo & Guelph

READ BY over 100,000 Business Readers! distributed in over 1,700 locations! Owen huge coverage area - Windsor to Ottawa! Sound

Southwestern Ontario

Hamilton

Greater Toronto Area

Central Ontario

Eastern Ontario

Niagara

Haliburton Business Opportunities

Georgina Brock

Bradford

Lindsay

Peterborough

Uxbridge

Newmarket

Orangeville Listowel

Mississauga Waterloo Guelph Oakville Kitchener

Cobourg

Toronto

Hamilton

Ancaster

London

Haldimand Simcoe

Norfolk Chatham

Nanticoke

Campbellford

Next issue:

May 13, 2017

St. Catharines

May 1, 2017

Niagara Falls

Welland Fort Erie Dunnville

For advertising information call

Toll Free 1-800-268-0077 or e-mail us at: thecommercialinvestor@ypnexthome.ca

Published by:

401 The West Mall, Suite 500 Etobicoke, ON M9C 5J5 Tel: (416) 626-4200 Fax: (416) 789-9705 Toll Free: 1-855-626-4200 VICE PRESIDENT & CHIEF PUBLISHING OFFICER Caroline Andrews PUBLISHER & GENERAL MANAGER Shawn Woodford DIRECTOR OF SALES, NATIONAL Moe Lalani SENIOR MANAGER â€“ DIGITAL EDITORIAL CONTENT Jennifer Reynolds

SENIOR EDITOR Elisa Krovblit MEDIA CONSULTANT Doreen Wills SALES CO-ORDINATOR Gary Chilvers, Jennifer Mardini (on leave) MANAGER OF PRODUCTION Helen Pearce GRAPHIC DESIGNERS Swinder Jodhka, Mike Terentiev PRODUCTION CO-ORDINATORS Swinder Jodhka, Hannah Yarkony CIRCULATION INQUIRIES

Toll Free: 1-855-626-4200

Elizabethtown

Gananoque

Kingston Belleville Trenton

Advertising deadline:

Cambridge Burlington

Tillsonburg

Manotick Carleton Place Mountain Merrickville Perth Morrisburg

Oshawa Bowmanville

Markham Caledon Pickering Georgetown Vaughan Scarborough Brampton

Woodstock Brantford Sarnia

Kanata Gloucester Nepean

Orillia

Port Elgin

Grand Bend

Hull Orleans Renfrew Ottawa

Augusta

Barrie

Goderich

Gatineau Rockland

Arnprior

Smiths Falls

Collingwood

Get the full coverage you need â€“ advertise in Commercial Investor

Copyright Notice: All copyright and other intellectual property rights in the contents hereof are the property of Yellow Pages Homes Limited and not of the customer. The customer has purchased the right of reproduction in The Commercial Investor only and does not have the right to reproduce the ad or photo in any other place or publication. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. Copyright 2017 Copyright 2017 Yellow Pages Homes Limited. All rights reserved by Yellow Pages Homes Limited, Toronto, Ontario, Canada. Reproduction, storage in a retrieval system or transmission in any form or by any means,

Please say you saw it in The Commercial Investor

whether electronic, mechanical or otherwise, in whole or in part, without the prior written permission of Yellow Pages Homes Limited is strictly prohibited. Published every month by Yellow Pages Homes Limited. Terms: Advertisers and The Commercial Investor are not responsible for typographical errors, mistakes or misprints. Payment in full must accompany the insertion order by cheque or money order only. Insertion by phone: we accept Visa and Mastercard. Please check your ad for accuracy, the first issue it appears. If you find an error, report it immediately. The Commercial Investor will not be responsible for more than one incorrect insertion.

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Special Features p.12G

06 IN THE NEWS — CFIB celebrates new era of open trade among provinces 14 IN THE NEWS — Cadillac Fairview announces innovative design for new CF Toronto Eaton Centre pedestrian bridge 21 IN THE NEWS — Minister Duguid on completion of the Canadian Free Trade Agreement 26 MONEY SENSE — Bubbles and government intervention 28 MARKET MINDED — Residential construction activity to cool off this year, while non-residential construction rebounds 36 TREB REPORT — More than 5.5Million sq. ft. leased in Q1 2017 39 BUSINESS BAROMETER — Confidence remains steady Index showing signs of consistent, gradual improvement overall 42 INVESTOR ADVICE — Keep your eyes on the prize By Andrew la Fleur 50 MONEY SENSE — It can happen to anyone: 10 tips to avoid scams 50 MARKET MINDED — Colliers: Toronto Transit Report

GLOSSY SECTION EDITORIAL 12G LEGALLY SPEAKING — What is rent and why is that important? By Jayson Schwarz 14G MARKET MINDED — Avison Young Multi-Residential Investment Review

Please say you saw it in The Commercial Investor

Volume 17 Issue 04

Commercial Real Estate & Business Opportunities

OPPORTUNITY IS KNOCKING Don’t miss any opportunities!

Subscribe today! Have 3 issues of The Commercial Investor

DELIVERED DIRECTLY TO YOUR DOOR– FOR FREE! Keep yourself up-to-date with a subscription to The Commercial Investor. Have the latest issue delivered to your door for three months.

✔The Newest Opportunities ✔Informative Editorials ✔The Best Selection To subscribe, simply mail or fax a completed Subscription Form (below) or email your subscription information in confidence to: thecommercialinvestor@ypnexthome.ca *Interested in an annual subscription? Call 416-784-5060 or Toll Free 1-877-269-8257 for details.

✔ Yes, I want 3 FREE Issues!* Name/Company: _________________________________________________________ Mail your completed form along with your payment to: The Commercial Investor 401 The West Mall, Suite 500 Etobicoke, ON M9C 5J5 Fax: 416-789-9705

Address: ________________________________________________________________ City: _____________________________ Province: ______ Postal Code: ____________ Phone : (_______)______________________ Fax : (_______)_____________________ Date: ____________________________ Signature: _____________________________

Or, email us at: thecommercialinvestor@ypnexthome.ca

Please say you saw it in The Commercial Investor

*Canadian Residents Only

KITCHENER, WATERLOO & GUELPH

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

KITCHENER, WATERLOO & GUELPH SECTION COVERING: Cambridge Durham Elora

Fergus Guelph Kitchener Waterloo

For advertising

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

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

NewSectionPages_FullColor2015.indd 2

2015-03-19 3:47 PM

3:47 PM

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 04

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_1517

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 367 HIGHLAND ROAD W, KITCHENER

8 COLUMBIA STREET WATERLOO

• 52 multi-unit high-rise apartment building. Steel, concrete and brick construction • Central Kitchener location close to St. Mary's Hospital, downtown, Regional Transit Hub, UW Pharmacy school and McMaster medical school. • Opporunity abounds! This building is not condo titled and further, immediate upswing is available by increasing rents, through additional unit renovation/tenant repositioning and submetering. • REIT Grade opportunity • MLS®

7,900,000

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®

1517_DJW_1_0666

1517_DJW_0006

133 COLUMBIA STREET WEST, WATERLOO

52 NOECKER STREET, WATERLOO

639,900

799,900

139 ALBERT STREET, WATERLOO

500,000

• Turn key money maker in one of The Best student locations money can buy! • Located at the corner of Columbia Street West and Lester Street, • City-approved property is steps to University of Waterloo's East Campus and The Science and Technology Park. • This classic student investment features two legal units with five rental bedrooms per unit. • Fully leased until at least the end of April with several leases already in place for next year. 1517_DJW_8000 • MLS®

• $76,000+ Potential Gross Annualized Income available • Fully rented with leases in place until at least May 2017 • Generous positive cash flow, purpose-built, student triplex that features three, City Approved Class D2 rental licenses for five rental bedrooms per unit! 15 rental bedrooms total! • Turn key operation. Opportunity to increase income 1517_DJW_0010 • MLS®

• Delightful, older home that radiates with tremendous character! • Steps to WLU and backing on to Knight-Newborough field! • This could be ideal home for University prof, hi-tech employee, parent buyer looking for the best location • Located in the Albert-MacGregor Heritage Conservation District (By Law 06-097) 1517_DJW_0011 • MLS®

23 MCDOUGALL ROAD, WATERLOO

24 NOECKER STREET, WATERLOO

10 12 BRIDGEPORT ROAD E, WATERLOO

D L O S

359,900

379,900

• Opportunity abounds! • Desirable 3+2 bedroom layout • Property has two active rental licenses, valid until the end of March, 2017 • Main unit tenant in place until end of March. April 1 vacant possession available! • MLS® 1517_DJW_2_0006

• Over $30,900 projected gross annual income available here! • Building features exceptional annual positive cash flow (over $4200+ with just 20% down) from all five bedrooms. • No condo fees! Leases in place until at least end of April, 2017! • Great character for the discerning investor • Contemporary updates include: newer roof (2013) and vinyl windows. Updated electrical panel (breakers). • All rooms great size, no basement bedrooms. • Easy walk to both Universities (steps to WLU) and Uptown Waterloo • City-Approved rental licensed property with a rare Class D2 license 1517_DJW_1_0010 • MLS®

Please say you saw it in The Commercial Investor

309,900

• Own in the popular and historic student loft building Bridgeport Lofts • Students love the proximity to Uptown and all its amenities • Front corner unit facing Regina and right off the main courtyard • MLS® 1517_DJW_2_0060

inthenews

CFIB celebrates new era of open trade among provinces

he Canadian Federation of Independent Business (CFIB) applauds the federal and provincial governments for ironing out a new internal trade deal that aims to remove trade barriers within Canada. The Canadian Free Trade Agreement (CFTA) is such a major step towards resolving often conflicting rules and regulations across provinces that CFIB will be presenting the Trade Ministers involved with a special edition Golden Scissors Award for helping eradicate red tape on Canada’s small businesses.

“Delivering a modern, ambitious trade deal is a gift to the country as it celebrates its 150th Birthday,” said Laura Jones, executive vice-president at CFIB.“CFTA delivers on many of the things we have been seeking for years. Eighty-seven percent of CFIB members wanted the premiers to commit to reducing trade barriers within Canada. There is more to do to eliminate some silly, irritating rules but the deal creates an innovative framework that we haven’t had before to get outstanding red tape issues resolved.” A MODERN APPROACH TO TRADE One of the more consequential changes in the new agreement is what’s referred to as the negative list approach. The prior Agreement on Internal Trade (AIT) required provinces and territories to list all the goods and services which they allowed to be traded. Under the new trade deal,

“The new negative list approach also brings a greater level of transparency that will make an enormous difference in the way small businesses will be able to trade”

provinces will only list items they want excluded from the deal, which will set ‘open trade’ as the default position. “The new negative list approach also brings a greater level of transparency that will make an enormous difference in the way small businesses will be able to trade,”said Corinne Pohlmann, senior vice-president of National Affairs and Partnerships.“It brings CFTA inline with the Comprehensive Economic and Trade Agreement (CETA) with Europe. Prior to this new strategy, it was possible for European companies to have better access to Canadian trade opportunities than a business in a neighbouring province.” Also similar to CETA, many provincial and territorial governments have expanded their procurement by making approximately $4.7B of new-procurement opportunities available across Canada. Federal, provincial and territorial governments have also agreed to work towards posting tender notices to a single-point of access, making it easier to find procurement opportunities across the country. In a 2015 report, CFIB found that 31 per cent of small business owners trading goods or moving workers in or out of their own province were frustrated with the often conflicting provincial rules and regulations they faced. The report outlined a new approach to internal free trade, and the new CFTA seems to have taken into account the top priorities for small business, including a mechanism to address the regulatory differences that act as needless barriers to trade and investment within Canada. “It’s ridiculously frustrating for manufacturers that varying regulations force them to adapt their machinery to produce different sized dairy creamers for different provincial jurisdictions,” explained Pohlmann.“Or that Ontario construction workers looking for work outside the province must relearn how to avoid falling because their ‘fall arrest’ training is not recognized in different jurisdictions.” “While the agreement is ambitious, we look at it as just the beginning,” assured Jones.“We will be closely monitoring its progress particularly with respect to the table set up to deal with red tape barriers. We look forward to continuing our work with the federal, provincial and territorial governments to maintain this momentum.” CFIB is Canada’s largest association of small and mediumsized businesses with 109,000 members across every sector and region. cfib.ca

Commercial Real Estate & Business Opportunities BROO CO KM BM UE IL RD C II N AG L C IN OV NESSUTLO TR ANTS

PROTECTING YOUR INVESTMENT

BUILT- U P ROOF (BU R ) - V i s u a l S u r ve y & C u t Te st 6. Asphalt based tars may appear as round pellets when constantly immersed in water which is not acceptable. These deficiencies may indicate that the roof covering is near the end of its useful life cycle and needs replacement.

BUILT-UP ROOF (BUR) Assessing the condition of the

sub-surface materials may require “Cut Testing.” Here are a few tips so that you will have some basic BUR roofing knowledge before bringing in a Roof Specialty Consultant.

Step One - Visual Survey This consists of a visual walk through survey of the ceilings and roof to document the condition of the roof covering and the roof penetrations. 1. Water stains on ceiling beneath the roof. 2. Roof slopes and ponding. 3. Note the condition of roof flashings, drains. 4. Evidence of roof membrane failure may include blistering of the roof, sponginess when walking on the roof, visible deterioration of the tar covering and exposed roofing felts. 5. Visible patterns of the roof insulation may be an sign of shrinkage of materials, heat loss and moisture build-up.

contamination and failure of the materials. 2. There may a be multiple layers of BUR covering. 3. On older roofs samples should be taken of the building felts to test for possible asbestos and take a test sample for possible coal tar. If these items are present there may be a significant cost increase for the removal of the existing material. 4. Building owners require an “Asbestos Management Plan” in place as per Ontario Regulation 278/05.

Poor sealing around vents and drains.

Insulation pattern visible on roof

Asphalt based tar - pelletizing as a result of being submerged in water

Step Two - Cut Test Why a cut test? “Confirmation” 1. First, you will be able to determine the sub surface materials, possible water Consulting Engineers Building Inspection Cost Consultants

Cut test approximately 3”x3” Moisture meter testing of materials

Materials sampling for testing.

Step Three - Roof Specialty Consultant - will perform the cut testing, material testing, possible thermography survey and, prepare tender documents. www.BrookBC.com 905-385-4496 1-888-343-3023 11236833_1517

Please say you saw it in The Commercial Investor

Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 04

Commercial Real Estate & Business Opportunities

Volume 17 Issue 04

Kitchener/Waterloo Guelph & Cambridge

COLDWELL BANKER COMMERCIAL COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE

PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. 508 RIVERBEND DRIVE, KITCHENER, ON. PHONE: 519-743-5211 PHONE: 519-743-5211 909 SF · $800/mo. · MLS:30560474 · Kitchener R E TA I L / O F F I C E Low cost oﬃce space. Utilities extra. Gary Boudreau* COLDWELL BANKER COMMERCIAL 909 SF · $800/mo. · MLS:30560474 · Kitchener C ES E FROERTASIAL L/ EO/FLFEI A cost space. Utilities extra. Gary· Boudreau* · MLS:30535669 Kitchener 1,824 SF oﬃce · $16.95/SF PETER BENNINGER REALTY,Low BROKERAGE

1,184 SF · $16.00/SF · MLS:30538507 · Kitchener Drive up retail unit with signage on Highland Rd. 1,184 SF ·located $16.00/SF · MLS:30538507 Centrally on high traffic road · inKitchener a high Drive upresidential retail unit area. with signage Highland Rd. density Strong on tenant support. in Tobin* a high Lester New Building, High Visibility, Free on-site parking. Centrally located on high traffic road 508 RIVERBEND DRIVE, KITCHENER, · Ho MLS:30535669 Kitchener density residential area. Strong tenant support. 1,824 SFON. · $16.95/SF John an*/Gary · Boudreau* 1,740 SF · $32.00/SF · MLS: 30554732 · Waterloo 800 SF · $21.00/SF · MLS:30543919 · Waterloo Lester Tobin* Former restaurant/bar located in University District. New Building, High Visibility, Free on-site parking. Main oor opportunity. High traffic intersection PHONE: 519-743-5211 of 1,197 SF · $14.00/SF · MLS: 30558849 ·Boudreau* Waterloo John Ho an*/Gary On-site Corner ·Unit. Tobin* 1,740 SFparking. · $32.00/SF MLS: 30554732Lester · Waterloo University & Bridge. Seconds from 85. $21.00/SF · MLS:30543919 · Hwy Waterloo 800 SF · Located in corner building at King St ronting on Erb Former restaurant/bar located in University District. St. Ample parking nearby. Colin Vogel* of Tobin* Main oor opportunity. High traffic intersection 1,197 SF · $14.00/SF · MLS: 30558849Lester · Waterloo ·Unit. MLS: 30543869Lester · Waterloo 3,100 · $10.00/SF 1,184 SF · $16.00/SF · MLS:30538507 · Kitchener On-siteSFparking. Corner Tobin* 909 SF · $800/mo. · MLS:30560474 · Kitchener University R E TA I L / O F F I C E & Bridge. Seconds from 85. Located in corner building at King St ronting on Erb SFup · $1,999/Month · MLS: 30557358 · Hwy Waterloo Medical office space High exposure & traffic. Ample Low cost office space. Utilities extra. Gary Boudreau* 920 Drive retail unit with signage on Highland Rd. 388SF · $895/Month · MLS: 30557365 · Waterloo Colin Lester Tobin* Utilities onsite free parking, to public St. Ample parking nearby. renovated, finis edVogel* CentrallyIncluded. located Newly on high traffic road in aoffice. high O R Slarge A· MLS: L Ewindows, /30543869 L E Aclose S E· Waterloo 3,100 SF · F$10.00/SF Utilities Included. Finished private office. 2nd oor. transit, Universities & Conestoga College Lester Tobin* 1,824 SF · $16.95/SF · MLS:30535669 · Kitchener 2nd oor,residential 4 large windows provide an abundance of density area. Strong tenant support. Medical office space High exposure & traffic. Ample Large window provides lots of natural light. Sept 1/17 920 SF · $1,999/Month · MLS: 30557358 · Waterloo 388SFBuilding, · $895/Month · MLS: 30557365 · Waterloo natural light. Portion of unit is vacant Lester and ready for Tobin* New High Visibility, Free on-site parking. possession. Colin Vogel* onsite free parking, large windows, close to public Utilities Included. Newly renovated, finis ed office. 22,383 SF · 2.69 Ac. · $4,100,000 · Waterloo Utilities Included. Finished Colin Vogel* office.Boudreau* 2nd oor. occupancy. John Hoprivate an*/Gary 1,740 · $32.00/SFConestoga · MLS: 30554732 · Waterloo transit,SF Universities College Lester Tobin* 2nd SFoor, large windows provide an abundance of · MLS:30543919 · Waterloo 800 · 4$21.00/SF Purpose built office&building, conveniently located at Large window MLS: 30502665 SF · $26.00/SF provides· lots of natural light.· Kitchener Sept 1/17 Former restaurant/bar located in University District. 1,488 Main oor Highis traffic of naturalSF light. Portion of· unit vacantintersection and ready for 1,114 · opportunity. $12.00/SF MLS:30524639 · Kitchener 1,197 SF · plaza $14.00/SF · MLS:of30558849 · Waterloo a high pro le intersec on. Currently nished for possession. New retail on corner Fischer Hallman and Colin Vogel* University & Bridge. Seconds from Hwy 85. On-site parking. Corner Unit. $4,100,000 Lester Tobin* 2.69 Ac. 22,383 SF · office occupancy. take Vogel* over a 1-2 general prac oners to Colin corner ronting on Erb professional user,· but presents· Waterloo an ideal Located SeabrookinDr. Highbuilding exposureat-King highSttraffic. Ample on Looking Colin Vogel* Purpose built for office building, conveniently at 1,488 4 fully $26.00/SF · MLS: 30502665 · Kitchener SF · St. Ample parking nearby. Lester Tobin* medical office of a re red doctor. Includes opportunity medical conversion or located complete 3,100 SF · $10.00/SF · MLS: 30543869 · Waterloo site drive-up parking. 1,114 SF · exam $12.00/SF · MLS:30524639 on area, equipped rooms, built in recep· Kitchener Currently nished for aredevelopment high pro le intersec for on. increased density. Medical office space High exposure & traffic. Ample New retail plaza on corner of Fischer Hallman and 920 SF · $1,999/Month · MLS: 30557358 · Waterloo to intake 1-2 general prac oners 388SF Waterloo Looking & washrooms. Located busyover retaila wai ng room SF · · $895/Month $1,890/Mth. · MLS: 30557365 30557318 · Kitchener professional office user, but presents an ideal 890 Peterlarge Benninger**/Chris onsite free parking, windows, closeKolednik** to public Seabrook Dr. High exposure - high traffic. Ample on Utilities Included. Newly renovated, finis ed office. with a Shoppers Lester Tobin* Utilities Included. Finished private office. 2nd oor. plaza red Mart. doctor. Includes 4 fully medical office of a reDrug Basement space behind grand river hospital opportunity for medical conversion complete site drive-up parking. Lester Tobin* transit, Universities & Conestoga College or Lester Tobin* Great 2nd oor, 4 large windows provide an abundance of 30,359 SF • 1,363 SF for Mezz. • increased $3,450,000 • Waterloo Large window provides lots naturalChris light.Kolednik** Sept 1/17 equipped exam rooms, built in recep on area, units available. Call oftoday! redevelopment density. More naturalSFlight. Portion of is vacant and ready for 5,652 · $12.50/SF · unit MLS:30562379 · Kitchener possession. Colin Vogel* 2.71 Ac.(+/-) Professionally nished office space. ng room & washrooms. Located inColin busyVogel* retail wai 890 SF · $1,890/Mth. · MLS: 30557318 · Kitchener Peter Benninger**/Chris Kolednik** 22,383 SF · 2.69 Ac. · $4,100,000 · Waterloo occupancy. Building, High Visibility, Free on-site SF · $850/Mth. · MLS: 30555731 · Kitchener New Unique design with sky-lighted hallway & many sky- 390 plaza with a Shoppers Drug Mart. Lester Tobin* Great Basement space behind grand river hospital Purpose built office building, conveniently located at 1,488 SF · $26.00/SF · MLS: 30502665 · Kitchener parking.. John H G B reau* Located directly behind grand river hospital. Unit is lights throughout. Features an execu ve boardroom 30,359 SF Mezz. Waterloo unitsplaza available. Call today! Chris Kolednik** on.• $3,450,000 Currently •nished for More a high SF pro• 1,363 le intersec New retail on corner of Fischer Hallman and 1,114 SF · $12.00/SF · MLS:30524639 · Kitchener w/adjoining kitchene e for catering, many smaller perfect for medical practitioner looking for short Looking SF1-2 · $12.50/SF ·prac MLS:30562379 · Kitchener oners to FOR take over general 2.71 Ac.(+/-) office Professionally officean space. professional user, butnished presents ideal Seabrook Dr. High exposure - high traffic. Ample on 5,652 OFFICE SPACE LEASEa occupancy. Call for more info! PROFESSIONAL boardrooms/kitchene es, change room & shower term New SFBuilding, Visibility, Free•Waterloo on-site SF · $850/Mth. · Kitchener doctor. Includes 4 fully medical office of aHigh re •red opportunity medical conversion complete 1,800 • $15.00/SF MLS# 30564411 Unique designforwith sky-lighted hallway or & many sky- 390 site drive-up parking. · MLS: 30555731 Lester Tobin* Kolednik** facili es. Colin Vogel*/Peter Benninger**/ Located directly behind grand riverChris area, exam on rooms, built parking.. John GrecepB ononreau* hospital. Unit is equipped redevelopment for density. Good Exposure Erb HSt. Unitin features site lights throughout. Features anincreased execu ve boardroom Chris Kolednik** 890 SF · $1,890/Mth. · MLS: 30557318 · Kitchener wai ng room & washrooms. Located in busy retail Peter Benninger**/Chris Kolednik** medical practitioner looking· Waterloo for short parking, 4 private offices and large open work or 1,071 SFfor · $18.50/SF · MLS:30558620 e for catering, many smaller perfect w/adjoining kitchene PROFESSIONAL OFFICE SPACERoman FOR LEASE plaza with space. a Shoppers Drug Mart. Lester Tobin* Great Basement spaceinCall behind grand award river hospital Ginzburg* occupancy. for more info! classroom Main oor opportunity well known, winning es, change room· &Waterloo shower term boardrooms/kitchene · MLS: 30551894 1,957 SFSF· • $22.00/SF 1,800 SF • $15.00/SF • MLS# 30564411 •Waterloo 30,359 1,363 SF Mezz. • $3,450,000 • Waterloo building. More units available. Call today! ChrisKolednik** Kolednik** Chris High traffic intersection. Seconds away from facili es. Colin Vogel*/Peter Benninger**/ Great Ac.(+/-) Opportunity to get in at the ground level! 5,652 SF SF · · $12.50/SF 1,413 $12.00/SF ·· MLS:30562379 MLS: 30516996 ·· Kitchener 2.71 Professionally nished office space. 85. Colin Vogel* Good Exposure on Erb St. Unit features on site Chris Kolednik** Many permitted usessky-lighted allowed - unit divisible. Callskyfor Hwy New location Building, High Visibility, Free on-site Great for Medical Boudreau* 390 30555731 ·· Kitchener 4 private offices use. and largeGary open work or Unique design with hallway & many 1,071SFSF· · $850/Mth. $18.50/SF ·· MLS: MLS:30558620 Waterloo parking, more information! Kolednik** Located directly behind grand river hospital. Unit is classroom parking.. space. John H G BGinzburg* reau* ve boardroom lights throughout. Features an execuChris Roman 1,184 SF ·opportunity $12.00/SF in · MLS:30538511 · Kitchener Main oor well known, award winning 839 SF · $12.00/SF · MLS:KW1537515· Kitchener 30551894 · Waterloo 1,957 SF · $22.00/SF perfect medical practitioner looking recep for short for catering, many smaller building. w/adjoining kitchene e· MLS: Turn-keyfor doctors office. 5 exam Seconds rooms, on, Finished office great High traffic intersection. away from OFFICE SPACE FOR use. LEASE for medical & service low Great Opportunity to ·es, get in at the ground level! term 3,436 SF · $26.00/SF MLS: 30554611 · &Waterloo occupancy. Call &forstorage. moreCentrally info! PROFESSIONAL 1,413 SF · $12.00/SF · MLS: 30516996 · Kitchener change room shower boardrooms/kitchene e, 2 washrooms kitchene Hwy 85. Colin Vogel* 1,800 SF • $15.00/SF common fees, on • MLS# transit30564411 route, •Waterloo exis ng Chris Kolednik** Former bar/night club in University District. On-site Many permitted uses allowed unit divisible. Call for Gary Boudreau* facili es. Colin Vogel*/Peter Benninger**/ located in high density residen al area. Traffic counts Great location for Medical use. Good Exposure ErbStop, St. Unit site include on Short KW features Gaming, on Curves, drive-up parking. High exposure, high traffic. over 41,000 cars. Strong tenant support, Shoppers tenants more information! Chris Kolednik** Chris Kolednik** private and largeGary open work or 1,184 SF SF · · $12.00/SF abank & more. offices Boudreau* Sco 1,071 $18.50/SF ·· MLS:30538511 MLS:30558620 ·· Kitchener Waterloo parking, 839 SF · 4$12.00/SF · MLS:KW1537515· Kitchener Lester Tobin* Drug abank, Swiss Chalet and Mart, Dollarama, Sco Roman Ginzburg* Turn-key office.in well 5 exam rooms, recep on, classroom space. oordoctors opportunity known, award winning $22.00/SF ·· MLS: MLS: 30554611 30551894 ·· Waterloo Waterloo Main 1,957 SF 3,436 SF ·· $26.00/SF many more. Lester Tobin* Finished office great for medical & service use. low e, 2traffic washrooms & Seconds storage. Centrally kitchene High intersection. away from common fees, on transit route, exis ng 752 SFOpportunity - 26,000 SF · From $18.00/SF · level! MLS: building. Great to get in at the ground 1,413 SF · $12.00/SF · MLS: 30516996 · Kitchener Former bar/night club in University District. On-site Hwy S TforRShort I A L Stop, /use. WA R EGary HO UCurves, SE 85.in high density residen al area. Traffic Colin Vogel* located counts I N D U 30529258/30529248/30529120 · Breslau · New include KW Gaming, Many permitted usesHigh allowed - unit divisible. for 1,900 SF • $19.25/SF • MLS# 30543088 tenants Great location Medical Boudreau* drive-up parking. exposure, high Call traffic. over 41,000 cars. Strong tenant support, Shoppers Retail Development in a growing, underserviced area. Waterloo more information! Chris Kolednik** abank & more. Gary Boudreau* Sco • Prime retail/Salon space in a very busy FOR LEASE/SALE Lester Tobin* 1,184 Mart, SF · Dollarama, $12.00/SF ·Sco MLS:30538511 · Kitchener Variety of Uses permi ed. Pad site with drive-thru is Drug neighbourhood plaza. Zoningabank, allowsSwiss manyChalet uses, and the 839 SF · $12.00/SF · MLS:KW1537515· Kitchener Turn-key doctors office. 5 exam rooms, recep on, Finished office great for medical & service use. low available. James Boudreau**/ Gary Boudreau* many more. Lester Tobin* unit is set up for a salon. Roman Ginzburg* 3,436 SF · $26.00/SF · MLS: 30554611 · Waterloo kitchene e, 2 washrooms & storage. Centrally common fees, on transit route, exis ng 752 SF - 26,000 SF · From $18.00/SF · MLS: Former bar/night club in University District. On-site located in high density residen al area. Traffic counts 16,217 SF · $875,000 · MLS: 30552428 30529258/30529248/30529120 · Breslau · New AAA OFFICE SPACE AVAILABLE · MLS SF • $19.25/SF • MLS# 30551734 30543088· tenants include Short Stop, KW Gaming, Curves, 1,843 - parking. 5,947 SFHigh · $20.00/SF drive-up exposure, ·highKitchener traffic. 1,900 New Hamburg · Well located just off hwy 7, over 41,000 cars. Strong tenant support, Shoppers Retail Development in a growing, underserviced area. abank Gary Boudreau* Sco · 114,033 SF space · Waterloo • Prime retail/Salon in$11.50/SF a very busy· well built& more. MLS:30505595/5597· New retail plaza Lester on Huron Rd. WATERLOO Tobin* building on 2 acres of land. Chalet light and Sco abank, Swiss Pad site with drive-thru is Drug Variety of Uses permianded.exposure, BeautiMart, lly Dollarama, finisplaza. ed, ample natural with high traffic ample on-site neighbourhood Zoning parking, allows many uses, the Ceilings from 13’ - 18’ clear. John Ho an* many more. Lester Tobin* Divisible fromRoman 21,000 SF. available. Gary Boudreau* drive-up Lester unit is set up for a salon. Ginzburg* 752 SF -parking. 26,000James SF ·Boudreau**/ From $18.00/SF · Tobin* MLS: throughout. I N D U S T R I A L / WA R E HOUSE James Boudreau** 30529258/30529248/30529120 · Breslau · New 1,900 SF • $19.25/SF • MLS# 30543088 16,217 SF · $875,000 MLS: EXPOSURE 30552428 LIGHT INDUSTRIAL WITH · RETAIL OFFICEPrime SPACEretail/Salon AVAILABLEspace · MLS $20.00/SF MLS: 30523827 1,114 Development SF- · 5,947 1,843 SF $20.00/SF · · Kitchener Retail in ·a ·growing, underserviced area. AAA Waterloo in a30551734 busy· New 15,520Hamburg SFF ·O$5.50/SF · London · MLS: 532 SF · •$1,050/mth · MLS:30526564 · very Waterloo · LWell located just off30544783 hwy 7, R E A S E / S A L E Last unit available w/high inHuron centrally · plaza. 114,033 SFallows · many $11.50/SF ed. retail Padexposure site withondrive-thru is WATERLOO Variety of Uses permiNew MLS:30505595/5597· plaza Rd. neighbourhood Zoning uses, the· well Corner built property with high Zoningof permits Newly renovated, nished office on 2nd oor in well building on traffic. 2 acres land. locatedhigh retailtraffic plaza.James Drive up unit on high traffic rd. in Beauti available. Gary Boudreau* lly finis ed, ample parking, natural light with and Boudreau**/ exposure, ample on-site unit is set up for a salon. Roman Ginzburg* many uses. Lester known, award winning building avail. for sublease. Ceilings from Ample 13’ - 18’on-site clear. parking. John Ho Tobin* an* al area. Traffic counts over high density residen throughout. Divisible from 21,000 SF. drive-up parking. Lester Tobin* Large windows, plenty of natural light. High traffic 16,217 SF · $875,000 · MLS: 30552428 40,184 cars. StrongSFtenant support. Shoppers Drug AAA OFFICE SPACE AVAILABLE ·James MLS 30551734 · 1,843 - 5,947 · $20.00/SF · Kitchener Boudreau** 7,909 Hamburg · $5.25/SF ·located MLS: 30555069 · Ayr intersec on sees almost 40,000 cars daily. 24/7 New · WellWITH just off hwy 7, LIGHT SFINDUSTRIAL RETAIL EXPOSURE abank, Swiss Chalet and many Mart, Dollarama, Sco New WATERLOOreader · 114,033 SF · $11.50/SF MLS:30505595/5597· retail plaza on· Huron Rd. electronic board on University Ave. Ideal for· well 30523827 Kitchener 1,114 SF · $20.00/SF · MLS: Secondsbuilt to hwy #401. Good clean industrial building on 2 acres of space. land. more. Lester Tobin* 15,520 SF · $5.50/SF · London · MLS: 30544783 532 SF · $1,050/mth · MLS:30526564 · Waterloo Beauti lly finis ed, ample parking, natural light with unit high available traffic and exposure, on-site professional office or personal services. Colin Vogel* Ceilings from 13’James Boudreau**/Gary Last w/high exposureample in centrally - 18’ clear. JohnBoudreau* Ho an* throughout. SF. Corner property with high traffic. Zoning permits Newly renovated, Divisible nished officefrom on 2nd21,000 oor in well drive-up parking. Lester located retail plaza. Drive up unit on high trafficTobin* rd. in Boudreau** w w w * Sales .c old Representa w ellb an kerc ve om m erc i al.c aknown, award winning building James on-siteRep parking. Tobin* avail. for sublease. many uses. Ample * S ales resenLester tati v e high density residen al area. Traffic counts over LIGHT INDUSTRIAL WITH RETAIL EXPOSURE 1,114 SF · $20.00/SF · MLS: 30523827 · Kitchener Large windows, plenty of natural light. High traffic Email : Commercial@coldwellbankerpbr.com **cars. Broker 30544783 40,184 Strong tenant support. Shoppers Drug 532 SF · $1,050/mth · MLS:30526564 · Waterloo 15,520 SF · $5.50/SF · London · * MLS: * Broker Last unit available w/high exposure in centrally intersec on sees almost 40,000 cars daily. 24/7 7,909 SF · $5.25/SF · MLS: 30555069 · Ayr Newly renovated, nished office on 2nd oor in well Corner property with high traffic. Zoning permits abank, Swiss and many Mart, ScoDrive locatedDollarama, retail plaza. up unit onChalet high traffic rd. in electronic reader board on University Ave. Ideal for Seconds to hwy #401. Good clean industrial space. known, award winning building avail. for sublease. many uses. Ample on-site parking. Lester Tobin* more. countsTobin* over professional office or personal services. Colin Vogel* high density residen al area. Traffic Lester James Boudreau**/Gary Boudreau* Large windows, plenty of natural light. High traffic 40,184 cars. Strong tenant support. Shoppers Drug intersec on sees almost 40,000 cars daily. 24/7 7,909 SF · $5.25/SF · MLS: 30555069 · Ayr * Sales Representa ve abank, Swiss Chalet and many Mart, Dollarama, Sco w w w .c old w ellb an kerc om m erc i al.c aelectronic reader board on University Ave. Ideal for Seconds to hwy* #401. S ales Repclean resen tati vspace. e Good industrial more. Lester Tobin* professional office or personal services. Colin Vogel* James Boudreau**/Gary Boudreau* Email : Commercial@coldwellbankerpbr.com ** Broker * * Broker

FOR SALE/LEASE

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

w w w * Sales .c old Representa w ellb an kerc ve om m erc i al.c a Email : Commercial@coldwellbankerpbr.com ** Broker

8331512_1517

Please say you saw it in The Commercial Investor

* S ales Rep resen tati v e * * Broker

Volume 17 Issue 04

9 Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

COLDWELL BANKER COMMERCIAL COLDWELL BANKERREALTY, COMMERCIAL PETER BENNINGER BROKERAGE

PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. 508 RIVERBEND DRIVE, KITCHENER, ON. PHONE: 519-743-5211 PHONE: 519-743-5211 10-20,000 SF · $4.41/SF · Kitchener · MLS: 30512810 LAND FOR SALE Ceiling height 13’ clear . (2) 8’ x 8’ loading dock doors BANKER COMMERCIAL 10-20,000 SFelevator, · COLDWELL $4.41/SFalarm · Kitchener · MLS: 30512810 conveyor, system, surveillance Ceiling height 13’ clear . (2) 8’ x 8’ loading dockTobin* doors system, sprinklers, washrooms. Lester PETER BENNINGER REALTY, 7.4BROKERAGE Acres · EXCLUSIVE · Waterloo conveyor, elevator, alarm system, surveillance Large scale redevelopment opportunity with system, Lester Tobin* 508washrooms. RIVERBEND DRIVE, KITCHENER, ON. · income 9,360 SFsprinklers, · $6.50/SF · MLS: 30501592 · Kitchener 7.4 EXCLUSIVE · Waterloo currentAcres annual over $800 k. Close to both 7,699 sf 16 dock shipping area. 1,661 sf office Large Universities. Bill Halpenny* scale redevelopment opportunity with PHONE: 519-743-5211 w/drivers area, new bright space! current annual income over $800 k. Close to both 9,360 SF · $6.50/SF · MLS:doors, 30501592 · Kitchener John H * 7,699 sf 16 dock shipping area. 1,661 sf office 66.58 Ac.· $2,200,000· EXCLUSIVE Bill · Cambridge Universities. Halpenny* to change OP designation to 10-20,000 SFarea, · $4.41/SF MLS: 30512810 w/drivers new· Kitchener doors, · bright space! Under consideration L A N D F O R S A L E 30,400height SF · 3.09 Ac.. ·(2)$3,400,000 | $10.00/SF Peter· Benninger** Ceiling 13’ clear 8’ x 8’ loading John Hdock doors * industrial. 66.58 Ac.· $2,200,000· EXCLUSIVE Cambridge MLS: 30525493/30525439 · Cambridge New finish Under consideration to change OP designation to conveyor, elevator, alarm system, ·surveillance DEVELOPMENT LAND FOR SALE to food sprinklers, grade, insulated panels, some|Lester equipment, system, washrooms. Tobin* industrial. 30,400 SF · 3.09 Ac. · $3,400,000 $10.00/SF 7.4 Acres · EXCLUSIVE Peter· Benninger** Waterloo c . · $875,000 · MLS : 30506497/30506504 spiral freezer,4 docks Room to expand. 3 . 5 8 Ascale redevelopment opportunity with MLS: 30525493/30525439 · Cambridge · New finish Large Conestogo · Backs onto forested area. Excellent John Ho man* D 9,360 · $6.50/SF · MLS: 30501592 Kitchener E V E L annual O P M Eincome NT L A N $800 D F OClose R toS Aboth LE current over k. to foodSFgrade, insulated panels, some ·equipment, redevelopment opportunity. James Boudreau** 7,699 sf 16 dock shipping area. 1,661 sf office 3 Universities. Bill Halpenny* spiral freezer,4 docks Room to expand. . 5 8 A c . · $875,000 · MLS : 30506497/30506504 w/drivers area, new doors, bright space! Conestogo · Backs onto forested area. Excellent John Ho man* 6.60 Ac. (+/-) Commercial/Retail · 2.94 Ac. I N V E S T M E N T F O RJohn SHA L E * 66.58 Ac.· $2,200,000· EXCLUSIVE · Cambridge redevelopment opportunity. (+/-)Residential· $1,000,000 Per James Acre Boudreau** · Exclusive Under consideration to change OP designation to Tremendous Opportunity on major arterial road. 30,400 SF · 3.09 Ac. · $3,400,000 | $10.00/SF industrial. Peter Benninger** 6.60 Ac. (+/-) Commercial/Retail · 2.94 Ac. Considerable exposure along Ottawa St. Concepts MLS: 30525493/30525439 · New finish (+/-)Residential· $1,000,000 Per Acre · Exclusive STUDENT RENTAL/ · Cambridge RE-DEVELOPMENT forE Vres portion incl. 140L A stacked town homes orL Ea D E L O P M E N T N D F O R S A to food grade, insulated panels, some · equipment, $685,000 · Waterloo · MLS: 30564031 0.15 Acres 134 Tremendous Opportunityhomes on major unit retirement or arterial a 134 road. unit spiral freezer,4 Room rental to location. expand. 3 . 5 8 A c . · $875,000 · MLS : 30506497/30506504 4 bedroom building docks · Prime student retirement PeterSt. Benninger** Considerablefacility. exposure along Ottawa Concepts John Ho man*4 Conestogo · Backs onto forested area. Excellent Ideal student re-development site. Currently STUDENT RENTAL/ RE-DEVELOPMENT for portion incl. 140 stacked town homes or a re- res development Boudreau** bedroom (student) rental property. HIGH DENSITY opportunity. MIXED USE James DEVELOPMENT

LAND FOR SALE

INVESTMENT FOR SALE

$685,000 · Waterloo · MLS: 30564031 · 0.15 Acres Lesterlocation. Tobin* 4 bedroom building · Prime student rental I Nstudent V E S Tre-development M E N T F Osite. R SCurrently ALE 4 Ideal MLS: 30552610 · $ 4 , 2 5 0 , 0 0 0 · Listowel bedroom (student) rental property. Located in South Western Ontario, this European Lester Tobin*

4,393 SF · $359,000 · MLS:30546489 · Kitchener Established franchise available in high traﬃc 4,393 SFwith · $359,000 · MLS:30546489 Kitchener location great tenant support. 160· seats. Full Established franchise available in Lester high Tobin* traﬃc training available.

location with great tenant support. 160 seats. Full training available. Lester Tobin* Waterloo 3,500 SF · $199,000 · MLS:30539427· Prime location in Waterloo’s University District. Liquor for 15 people. High Income/High Sales · MLS:30539427· Waterloo 3,500 license SF · $199,000 and lowlocation rent. LesterDistrict. Tobin* Prime in Waterloo’s University

Liquor license for 15 people. High Income/High Sales 4,393 SF · $359,000 · MLS:30546489 · Kitchener EXCLUSIVE CAR low WASH FOR SALEin ·Lester and rent. BUSINESS Tobin* Established franchise available high traﬃc Brantford · Full service, fully automated car wash in location with great tenant support. 160 seats. Full major traﬃc area. Tobin* training available. Lester Tobin* EXCLUSIVE CAR WASH BUSINESS FOR SALE ·Lester Brantford · Full service, fully automated car wash in

· Waterloo 1,549 SF $199,000· MLS:30514064 · MLS:30539427· Waterloo 3,500 traﬃc SF · · $139,000 major area. Lester Tobin* Take outlocation and delivery chicken wing franchise District. located Prime in Waterloo’s University in Waterloo’s University District. Full training Liquor SF license for 15 people. High Income/High Sales · MLS:30514064 · Waterloo 1,549 · $139,000 provided. Lester and low rent. Lester Tobin* Tobin*

Take out and delivery chicken wing franchise located in Waterloo’s University District. Full training · MLS: Kitchener 1,280 SF · $89,000 CAR WASH BUSINESS FOR30554091 SALE · · EXCLUSIVE provided. Tobin* Well established business the Lester 1970’s. High Brantford · Full service, fullysince automated car wash in willTobin* train. income-high sales. No franchise. Owner major traﬃc area. Lester · Kitchener 1,280 SF · $89,000 · MLS: 30554091Lester Tobin* Well established business since the 1970’s. High · MLS:30514064 · Waterloo 1,549 SF · $139,000 Hot Pot Restaurant For Sale Waterloo will train. income-high sales. No franchise Take out and delivery chicken wing. Owner franchise located $88,000 · 4,550 SF · MLS: 30558858 Stylish 134 unit retirement homes or a 134 unit in Lester Tobin* Waterloo’s University District. Full ·training 3.25 Ac · $4,250,000 · EXCLUSIVE · Kitchener underground restaurant in Uptown. No franchise. retirement facility.Commercial/Retail Peter ·Benninger** 6.60 Ac. (+/-) 2.94 Ac. provided. Lester Tobin* Frontage on 2 major streets at the gateway to Located in hotel. Great tenant support. (+/-)Residential· $1,000,000 Per Acre · Exclusive Hot Pot Restaurant For Sale Waterloo downtown Kitchener. Excellent access to Hwy 401 Tobin* HIGH DENSITY MIXED Tremendous Opportunity onUSE majorDEVELOPMENT arterial road. 1,280 SF $89,000 · MLS: 30554091Lester · Kitchener via Hwy 8 Directly on proposed light rail transit $88,000 · 4,550 SF · MLS: 30558858 · Stylish 3.25 Ac · $4,250,000 · EXCLUSIVE Considerable exposure along Ottawa · St. Kitchener Concepts underground Well established businessin since the No 1970’s. High restaurant Uptown. franchise. route. Peter Benninger**/Colin Vogel* for res portion 140streets stackedattown Frontage on 2 incl. major the homes gatewayortoa Located Owner will train. income-highin sales. No franchise hotel. Great .tenant support. 134 unit 217 retirement or a· to134 For Commercial Real Estate downtown Kitchener. access Hwy unit 401 Lester Tobin* Tobin* Approx. Acres Excellent · homes EXCLUSIVE Waterloo Lester retirement Benninger** via Hwy· Currently 8 facility. DirectlyBeing on proposed lightfor railinfotransit Solu ons in Canada's Technology Farmed. Peter Call pkg! Region Pot Restaurant Sale Waterloo route. PeterBenninger**/Colin Benninger**/ColinVogel* Vogel* Hot Triangle, contact anyFor one of our sales Peter HIGH DENSITY MIXED USE DEVELOPMENT $88,000 · 4,550 SF · MLS: 30558858 · Stylish es, or call 519-743-5211. 3.25 Ac · $4,250,000 · EXCLUSIVE · Kitchener For Commercial Real Estate Approx. 217 Acres · EXCLUSIVE · Waterloo underground restaurant in Uptown. No franchise. Frontage at Call the for to Located Solu in Canada's in ons hotel. Great Technology tenant support. Farmed. Region B· Currently UonS 2I Nmajor EBeing S Sstreets FOR S Agateway L info E pkg! downtown Kitchener. Excellent access to Hwy 401 Lester Tobin* Ext. 3000 Peter Benninger** Triangle, contact any one of our sales Peter Benninger**/Colin Vogel*

owned motel for the last 30+RE-DEVELOPMENT years offers four STUDENT RENTAL/ seasons of· Waterloo business with consistent income Acres year $685,000 MLS: 30552610 · · $MLS: 4 , 2 530564031 0 , 0 0 0 ·· 0.15 Listowel round. Call for student more details! 4 bedroom building · Prime rental location. Located in South Western Ontario,Chris thisKolednik** European Ideal re-development ownedstudent motel for the last 30+ site. years Currently offers four4 bedroom (student) rental property. seasons of business with consistent income year COMMERCIAL INVESTMENT/RE-DEVELOPMENT Lester Tobin* round..1452 Ac. CallBuildings: for4,685 SFmore Land: · Kitchenerdetails! · MLS: 30555816 · $1,999,900 properties being MLS: 30552610 · $· Bundle 4 , 2 5 0of , 030Chris 0 ·Kolednik** Listowel sold as one in the Downtown Core. Current Net Located in South Western Ontario, this European via Hwy 8 Directly on proposed light rail transit COMMERCIAL INVESTMENT/RE-DEVELOPMENT Income: $72,391.00 Call for details! Lester Tobin* owned motel for the last 30+ years offers four route. Peter Benninger**/Colin Vogel* Land: .1452 Buildings: SF · Kitchener seasons of Ac. business with4,685 consistent income· MLS: year 2,200 SF · $89,000 · MLS:30551440· Waterloo R E T A I L O R R E D E V E L O P M E N T S I T E 30555816 · $1,999,900 · Bundle of 3 properties being Approx. 217 Acres · EXCLUSIVE · core Waterloo in uptown steps round. Call for more details! Established since 1985, located 1,586 · MLS:30547706 ·Kolednik** $899,000 Core. Net away sold asSF/0.12 one in Acres the Downtown for infoLiquor pkg! Regionfrom · Currently parkingBeing and Farmed. new LRTCall station. ChrisCurrent Kitchener · Unique High Profile Location. Corner Lot Income: $72,391.00 Call for details! Lester Tobin* license. Peter Benninger**/Colin Lester Vogel* Tobin* beside farmers market. Great redevelopment site, COMMERCIAL INVESTMENT/RE-DEVELOPMENT 2,200 SF · $89,000 · MLS:30551440· Waterloo . R E D E4,685 parking Land: SFP· M Kitchener · SMLS: MLS: 30516625 Waterloo 4,437 SF · $450,000 R E T A.1452 I L lot,Ac. O etc RBuildings: VELO ELester N T Tobin* I T E Established since 1985,· located in uptown· core steps 30555816 · $1,999,900 · Bundle of 3 properties being Established since 1996, many locations throughout 1,586 SF/0.12 Acres · MLS:30547706 · $899,000 away from parking and new LRT station. Liquor sold as one in the Downtown Core. Current Net INVESTMENT / OWNER-USER PROPERTY Ontario. Family style restaurant with liquor license Kitchener · Unique High Profile Location. Corner Lot license. Tobin* Tobin* and seating for 160 + 50 on patio. Lester Income:SF$72,391.00 Call for details! Lester 4,982 · $1,562,500 · Waterloo · EXCLUSIVE Lester Tobin* beside farmers market. Great redevelopment site, Three retail units & one 2 bedroom apartment 2,200 SF · $89,000 · MLS:30551440· Waterloo Lester Tobin* 4,437 SF · $450,000 · MLS: 30516625 · Waterloo parking lot, etc. w/loft. line. S E A F O O D sinceR1985, E S T Alocated U R A N Tin uptown F O R coreSsteps ALE R E T A I LCorner O Rproperty R E D on E V Enew L O PLRT MEN T Parking S I T E Established Established since 1996, many30539874 locations ·throughout 2,419 SF · $550,000 · MLS: Kitchener 1,586 · MLS:30547706 and Acresample parking · $899,000 nearby. away on-site SF/0.12 from parking and new LRT station. Liquor INVESTMENT / OWNER-USER PROPERTY Ontario. Family style restaurant with liquor license business. Sellers retiring after 20 Lester Tobin* Kitchener · Unique High Profile Location. Corner Lot Profitable Lester Tobin* license. 4,982 · $1,562,500 · Waterloo · EXCLUSIVE seatingyears! for 160 50 on patio . LesterLease Tobin* successful All +equipment included. is beside SF farmers market. Great redevelopment site, and Three one 30560590 2 bedroom Gary Boudreau*/ James Boudreau** Lester Tobin* renewable. parking lot, units etc. ·&MLS: 975 SF retail · $385,000 · apartment Waterloo · MLS: 30516625 · Waterloo 4,437 SF · $450,000 w/loft. property for on new line. business Parking SEstablished E A F O O D sinceR E1996, S T A Umany R A N locations T F O Rthroughout SALE FantasticCorner Opportunity the LRT savvy $249,000 · MLS:30545077· · $550,000 2,419 · MLS: 30539874 · Kitchener on-site and /OFFample parking nearby investor. HANDS Investment Opportunity. Great. 2,548 INVESTMENT OWNER-USER PROPERTY Ontario.SFFamily style restaurant with liquor license Elegant casual located Sportsworld Profitable business. Sellers retiring after 20 Lester Tobin* space SF to· $1,562,500 run your business from. and 4,982 · Waterloo · EXCLUSIVE seating for restaurant 160 + 50 on patio . in Lester Tobin* . Lester Lease Tobin*is Crossing. High traffic, exposure Chris Kolednik** years! All high equipment included. Three retail units & one 2 bedroom apartment successful w/loft. property new LRT ·line. Parking renewable. SEAFOOD R E S Boudreau*/ T A U R A N T James F OBoudreau** R SALE Gary 975 SF ·Corner $385,000 · MLS:on30560590 Waterloo andRepresenta parking nearby on-site ve w w w * Sales .c old w ellbample an forkercthe om savvy m ercbusiness i al.c . a2,419 SF · $550,000 · MLS: 30539874 · Kitchener Fantastic Opportunity Profitable retiring after 20 Lester Tobin* $249,000 ·Sellers MLS:30545077· Kitchener SF · business. investor. OFF Investment Opportunity. Great 2,548 Email : HANDS Commercial@coldwellbankerpbr.com ** Broker years!restaurant All equipment included. Lease is Elegant casual located in Sportsworld space to run your business from. successful Gary Boudreau*/ James Boudreau** 975 SF · $385,000 · MLS: 30560590 · Waterloo renewable. . Lester Tobin* Crossing. High traffic, high exposure

BUSINESS FOR SALE

Chris Kolednik**

Fantastic Opportunity for the savvy business investor. HANDS OFF Investment Opportunity. Great 2,548 SF · $249,000 · MLS:30545077· Kitchener w w w * Sales .c to old Representa w run ellb anyour kerc ve ombusiness m erc i from. al.c aElegant casual restaurant located in Sportsworld space Chris Kolednik** Crossing. High traﬃc, high exposure. Lester Tobin*

es, or call 519-743-5211. Ext. 3029

Gary Boudreau *

For Commercial Real Estate Ext. 3020 James Boudreau ** Ext. 3000 Peter Benninger** Solu ons in Canada's Technology Ext. 3106 Mike Flynn contact * Triangle, any one of our sales Ext. 3029 Gary Boudreau * es, or call 519-743-5211. Ext. 3118 Eric Frey*

James Boudreau **

Ext. 3020

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

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

John Hoﬀman*

Ext. 3040

Eric Reiner*

Ext. 2099

* S ales Rep resen tati v e Ext. 3023 Lester Tobin* Ext. Chris Kolednik** * * 3106 Broker

Harmony Voisin* Eric Reiner*

Ext. 2099 3117 Ext.

Lester Tobin*

Ext. 3023

Email : Commercial@coldwellbankerpbr.com ** Broker

* S ales Rep resen tati v e Harmony Voisin* Ext. 3117 * * Broker

w w w * Sales .c old Representa w ellb an kerc ve om m erc i al.c a Email : Commercial@coldwellbankerpbr.com ** Broker

* S ales Rep resen tati v e * * Broker

8171433_1517

Please say you saw it in The Commercial Investor

Volume 17 Issue 04

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

519.742.7000 www.coupalmarkou.com

SALE

BUSINESS OPPORTUNITY, WATERLOO

SALE

• 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

MLS

1517_DJW_0031

SALE

BUSINESS OPPORTUNITY, WATERLOO

• Franchised restaurant/bar with the best roof top patio in town • excellent sales with plenty of potential to increase revenue • Located across from Wilfrid Laurier University • 6,357 sq. ft. 1517_DJW_1_0009 • $699,000 MLS

SALE

ELMIRA, ONTARIO

BUSINESS OPPORTUNITY, WATERLOO

• Well established Mr. Sub franchise • 4 years in business with steady growth in sales • Abundant vehicle and foot traffic • 1,292 sq ft • $139,900

SALE

EXCLUSIVE

KITCHENER, ONTARIO

• Investment Opportunity • Well established licensed family restaurant • Operating for 15+ years with over $1M in sales • High vehicle traffic plaza location • $349,000 MLS

MLS

1517_DJW_2_0008

1677 SYNDERS ROAD EAST, PETERSBURG

SALE

• Restaurant in quaint town just minutes from KW • Currently operating as restaurant and banquet facility • 12,000 sq ft • $1,190,000 MLS

1517_DJW_3_0060

SALE

• Investment Opportunity • Office/Retail strip plaza just 20 minutes from Waterloo • High vehicle traffic exposure • 16,000+ sq ft • 2.46 acres • $3,100,000

SALE

154 SHELDON ROAD, CAMBRIDGE

• Freestanding Office Building • 32,591 sq ft on 2.486 Acres • Single Tenant • Long term lease remaining • $7,600,000 1517_DJW_0038

1750 ERB'S ROAD, ST AGATHA

• Investment Opportunity • Well established profitable restaurant & property for sale • 6,500 sq. ft on 1 acre • $1,195,000 MLS

1517_DJW_2_0019

SALE

3840 HOWARD AVENUE, WINDSOR

• Freestanding Rexall • 16,240 sq ft on 2.33 Acres • 5,078 sq ft on-site medical clinic • Long term lease remaining • $8,000,000 EXCLUSIVE

EXCLUSIVE

1517_DJW_0039

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_1517

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

BUSINESS OPPORTUNITY, GUELPH

LEASE

• Well established Rawlicious franchise • Unique business that helps both the customers and community they operate in • 920 sq ft • $89,000 1517_DJW_2_0010

LEASE

535 BELMONT AVENUE WEST, KITCHENER

EXCLUSIVE

#6 - 347 ERB STREET WEST, WATERLOO

#2 - 373 BRIDGE ST W, KITCHENER

1517_DJW_2_0021

#2-372 KING STREET NORTH, WATERLOO

• High profile building fronting King Street North • Many uses including office, medical, animal, hospital, custom service shop, etc. • 2,300 sq. ft. • $15.00/ sq. ft. Net MLS

1517_DJW_3_0033

LEASE

370 EASTBRIDGE BLVD. WATERLOO

• Clean plaza in the East End of Waterloo • Busy location with great exposure on Bridge Street West & Eastbridge Boulevard • 795 - 2740 sq ft • $18.00/sq ft Net

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

MLS

1517_DJW_1_0049

LEASE

MLS

1517_DJW_1_0050

LEASE

• High profile plaza front Erb Street West • Ample on-site parking • 1,140 sq ft • $19.95/sq ft Net

1517_DJW_1_0017

94 WELLINGTON ROAD 6, ELORA

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

1517_DJW_2_0022

LEASE

25 INDUSTRIAL DRIVE, ELMIRA

LEASE

• Busy office/retail plaza in Elmira, just minutes from North Waterloo • Zoning allows multiple uses • 1,750 - 3,099 sq. ft. • $8.00 - $16.00/sq. ft. net

• Prime Uptown Waterloo office space located across from "The Shops of Waterloo Town Square" • Entire second floor with private entrance • 3,600 sq ft • $10.00/sq ft Net 1517_DJW_1_0051

• Office Space in quaint medical building in Belmont Village • Main floor space • 1,008 and 1,200 sq ft • $11.00/sq. ft. Net

LEASE

120-122 KING STREET NORTH, WATERLOO

MLS

1517_DJW_1_0065

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_1517

Please say you saw it in The Commercial Investor

Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 04

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

NewSectionPages_FullColor2015.indd 4

2015-03-19 3:47 PM

3:47 PM

The Sale, Leasing & Management of Real Property

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

2 minute walk to the beach!

Peter Mullins, CCIM Broker of Record

519.642.0200 200 Queens Ave. Suite 107, London, ON

Commercial Real Estate & Business Opportunities

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!

Sharm McLean Sales Representative

519-372-5276

swmclean@rogers.com

One of the Best Corner Sites in SW Ontario!

petermullinsrealty.com peter@petermullinsrealty.com 11281976_1517

11314609_1517

Please say you saw it in The Commercial Investor

11277266_1517

12,000 S/F FULLY LEASED PLAZA $1,600,000 640 10th St. West, Owen Sound. 300 ft. Frontage, HIGH VISIBILITY, EXCLUSIVE LISTING 1517_DJW_0017

OWEN SOUND INVESTMENT 1005 2ND AVE EAST. $1,769,000 Prime Downtown corner w/parking lot Residential hotel with pub, fully leased Major renovations, income $280K. 1517_DJW_0018

ST THOMAS COMMERCIAL/ RESIDENTIAL $450,000 Former site of the Old Garden's flower Shop 9,000 S/F, incl. two apartments Ideal for offices or clinic 1517_DJW_0019

Southwest Ontario

Volume 17 Issue 04

inthenews

Cadillac Fairview announces innovative design for new CF Toronto Eaton Centre pedestrian bridge

adillac Fairview (CF) unveiled plans recently for a new pedestrian bridge across Queen Street to better integrate CF Toronto Eaton Centre with the Hudson’s Bay and Saks Fifth Avenue flagship locations in downtown Toronto. CF sees the project as a significant investment in, and contribution to, the public realm by replacing the existing structure with an exciting new connection between two major retail landmarks, creating a more integrated CF Toronto Eaton Centre complex.

“Beyond the simple utility of construction of a bridge across Queen Street, this pedestrian bridge will serve as a unique

architectural icon and impressive space in its own right,” said Wayne Barwise, executive vice president, Development, Cadillac Fairview.“CF Toronto Eaton Centre is celebrating its 40th Anniversary this year and with approximately 2 million people using the bridge annually, it was time to enhance both its aesthetics and functionality for our shoppers and the public by creating a sculptural urban feature, as well as a unique identifier for the city.” The new bridge represents another significant milestone in the redevelopment of CF Toronto Eaton Centre, helping to realize the company’s vision of including Hudson’s Bay and Saks Fifth Avenue as part of CF Toronto Eaton Centre and its promise of delivering a premium shopping experience. Prior to installation, the bridge will be assembled adjacent to the shopping centre on James Street and lifted into place once complete, with the new bridge opening this fall. CF held an international design competition and ultimately selected world-renowned architects WilkinsonEyre based

Cadillac Fairview Announces Innovative Design for New CF Toronto Eaton Centre Pedestrian Bridge

on its exemplary design (design pedigree) and relevant experience. Featuring glass and etched bronze cladding panels, the structure will provide memorable vantage points for both users looking outward and street-level pedestrians looking up at the new bridge. The effect is one of creating a feeling of engagement between levels and the two retail destinations. “We designed the bridge’s form to connect together the two inherent geometries of each building, transforming from the historical, circular arches of the Hudson’s Bay and Saks Fifth Avenue building to the modern rectangular geometry of CF Toronto Eaton Centre. This union of the two buildings is further reinforced by the use of bronze and glass cladding, inspired by the materials used on both buildings, which flow, wave-like in opposite directions across the bridge,” according to Dominic Bettison, designer of the bridge and director at WilkinsonEyre.“This meeting and blending of the two building’s form and materials becomes a beautiful and metaphorical ‘handshake’ extending out over Queen Street.”

Working closely with WilkinsonEyre is local Architect and longstanding property partner, Zeidler Partnership Architect, who designed the original bridge and CF Toronto Eaton Centre (in association with B+H). Other partners involved in the bridge redevelopment include: Construction Manager, PCL Construction; Electrical & Lighting Engineer Mulvey & Banani International Inc.; Structural Engineer; Read Jones Christoffersen Consulting Engineers; and Mechanical Engineer, Mitchell Partnership Inc. Cadillac Fairview is one of the largest owners, operators and developers of best-in-class office, retail and mixeduse properties in North America. The Canadian portfolio includes over 37 million square feet of leasable space at 67 properties in Canada, including landmark developments, such as Toronto-Dominion Centre, CF Toronto Eaton Centre, CF Pacific Centre and CF Chinook Centre. For more information visit cadillacfairview.com.

Volume 17 Issue 04

Commercial Real Estate & Business Opportunities

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

Southwest Ontario

194 JOSEPHINE STREET, WINGHAM

Cell:

519-531-1177 11264376_1517

95 SOUTHAMPTON STREET, DUNGANNON - PRICE: $599,000

$144,900 Thinking of starting your own restaurant? Turnkey operation! Well established restaurant in ideal location in downtown Wingham, with seating of up to 80 people. Upstairs is a large 2+bedroom apartment with 2 bathrooms incl. en-suite and open-concept kitchen/living room/dining room with cathedral ceiling. Call Listing agent for private. MLS #454477 1517_DJW_0021

Incredible value for this residentail/commercial property consisting of: Custom executive Bungalow with a gorgeous gourmet ash kitchen in open concept kitchen/living room/dining room - designed for families today and tomorrow. Lots of features e.g. several bay windows, 5-pc. ensuite incl. Jacuzzi tub off the master bedroom, large family room with in-floor heating in lower floor, straight walk-out from lower floor, double car garage, intercom from residence to shed, 12,000 sq. ft. multi-use shed with several overhead doors, partial in-floor heating, pre-wired for 650 watt back-up generator, currently used for short tem storage of RV's, boats, 1517_DJW_2_0031 1517_DJW_1_0032 cars, lumber.

$4,700,000

Turnkey operation! Very successful and well established helicopter service business, specializing in agricultural spraying and crop protection. Experienced pilots on staff, repeat long term contracts, state of the art machinery and equipment. Call for more information. MLS® 176573 1517_DJW_3_0011 1517_DJW_2_0012

What our clients are saying about us 1100 SOUTH SERVICE RD., STONEY CREEK

LEASED Through

Mar 18,

INCORPO Full Covera

2017, Volu me

17 Issue

RATING FRANCH

ge Area Incl

uding Win

0717_DJW_0046

ISE AND BUSINES

dsor,

S OPPO RT

Hamilton, ENT/OW Toronto, Nia NER-USE WATERL R PROPER gara OO, ONT TY ARIO

INVESTM

CHESLEY

Falls, Kin

- RESIDENT

ED UC RED

UNITIES gston and

IAL SUBD IVISI

Ottawa!

ON - $840 ,000

30 ACRES

D CE DU RE

4,982 SQ.F

T. • $1,56

units & 2,500 • one on new LRT line. 2 bedroom apartm MLS# 3054 1875 Parking ent with on-site and ample loft. Corner prope parking LESTER nearby. rty Coldwell Sales Repre TOBIN Banker sentative Commercial Email: Leste Peter Benni r-Tobin@c nger Realty oldwellba Phone: , Brokerage 519-

ST E, WAT ERL

OO • $5,4 95,0

2 acre high profile developme reposed C-2 nt site. Prozoning allows for high density residential/mixed bourhood use neighcommercial Minutes . to public transi HWY 85, on few block t route and a s ture LRT from two fustops. Ideal main floor for comm and up to 12 storey ercial dential resiat 242 bedro density up to oms per 11,500 sq.ft. vacan acre. fessional t office buildiprocurrently ng on site. MLS.

Call DUN

CAN MCL

FREE SU

Sales Repre EAN sentative CMA Realty Email: dunc Ltd., Brokerage an@cmare Phone: alty.c

519-590-

7997

BSCRIPT

ION!

OWNER ANXIOUS approx. 30 TO SELL. acres Featuri

of flat land, ng 60 registe esque town zoned red of Chesle y (just north residential. The proper unserviced buildin numerous churches, g lots, of Hanove ty is situate social Grey-Bruce r). d in the pictur-plus School Board clubs, supermarket, Chesley boasts its own an active Head Office. Main Street modern hospital, with a new ASKI For Marke large ting Broch NG ONLY $840 ure Call: Winston ,000 Suite 411 WinCorp Realty Davies, Inc., – 60 Wynd Broker of ham Stree Real Estate Broke Record t South, rage Guelph, Tel: 519-8 Ontario 36-2080 Email: wjmd N1E 7H7 avies@roge rs.com

nkerpbr.co

ext 3023

gsmahersolutions@gmail.com

shawnmaherrealestate.com

360 ACR 4,000 FT. ES. EAST OF LAKE SIM OF SHO RELINE COE. ON CAN AL LAK E.

Unique

property potential which offers devel uses. opme

$2,490,000

Broke

Get The Com

mercial Inves

MIKE K.

nt oppor tunity for . For furthe many r inform ation:

NANAVA TI

r of Recor Email: mnand Wind Star Realty Limite avati Tel: 416730-8484 @sympatico.ca d, Fax: 416-

tor delivered

directly to

your door!

(COM)

153 UNI ON

743-5211

Broker

Office: 905-777-0252 ext 309 Cell: 905-966-4510

590-1666

See inside

for details

For information call 1.800.268.0077

FC_0717

Three retail

G Shawn Maher

$995.00/P MTH Hamilton Business Park QEW and Fruitland Rd. New office, prestige office business park. South Service Road and QEW exposure. New floor, carpet, paint, glass boardroom, 2 parking spaces. Square footage is 725 sq. ft. 0717_DJW_0047

Please say you saw it in The Commercial Investor

11314784_0717

Feb 18 -

The Commercial Investor

Commercial Real Estate & Business Opportunities 11241815_1517

Sean Bryant

Sutton - Huron Shores Realty Inc. Brokerage

Norm Moore

BROKER OF RECORD

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

SALES REPRESENTATIVE

Professional Group Inc., Brokerage

519-756-3900

519-865-1339

sean.bryant@century21.ca

519-752-1937

norm.moore@century21.ca

“GET OUT OF TOWN”

11315929_1517

Brian Shular

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

Doug Kaitlyn Freiburger Shular

Broker of Record

Sales Rep.

199 High St., Southampton $559,900

EXCELLENT RESTAURANT OPPORTUNITY

27 Hole Golf Course and Banquet Facility

Profitable Downtown Restaurant "The Lighthouse" is Well Known by Many Seating for 54, Excellent Opportunity Located on Southampton's Busiest Corner MLS #411048000203000

Just minutes from the lakeside town of Port Dover which features one of a kind shops and boutiques, Heritage hotels and B&B’s, Sandy beaches and a romantic pier, Fancy yachts and fishing tugs, Historical sites and world famous perch lies this 27 Hole Golf Course complete with Driving Range and the areas Premier Banquet Facility.

1517_DJW_3_0040

LOCATED IN THE CENTRE OF PORT ELGIN

Contact Sean Bryant for more info and financials. Sean Bryant, Broker of Record 519-865-1339

3 Commercial Rental Units w/Long Term Tenants Large Shared Parking Lot Located at One of the Busiest Intersections in Port Elgin A Profitable Investment MLS #411046000429800

Excellent Opportunity Owners Retiring! 18 Hole Golf Club fully operational includes all equipment, Club House, equipment barn plus a large family home.

1517_DJW_3_0041

5097 Hwy. 21, Port Elgin $524,500

PRIME HWY COMMERCIAL

Norm Moore, Sales Representative 519-752-1937

Located on 3/4 Acre in a Prime Commercial Area Large Parking Lot, Currently a Small Engine Shop Includes Separate 1100 sq. ft. Rental Space Business & Inventory Negotiable MLS #411044000520500

Black River Area 142 Acre working 18 hole Golf Course fully equipped and ready to open in 2017. Excellent opportunity to get away from the city; operate golf in the summer, hunting camp in the winter. Living quarters and full clubhouse.

11310678_1517

Norm Moore, Sales Representative 519-752-1937

1517_DJW_2_0042

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

ROYAL LEPAGE BRANT REALTY INC. BROKERAGE

JASON TBROKERAGE ANGORRA REAL ESTATE BROKER/OWNER

209-1543

SALES REPRESENTATIVE

519-759-6800

(519)

SOLD Located in the Heart of downtown, next door to University Lecture Halls. Two floors of 2400 sq. ft. of upgraded space. A deal for office, restaurant, retail or other endless possibilities.

D L O S

$8.00 SQ. FT. Multi use 1500 sq. ft. unit available immediately! Downtown area, near university with great exposure, plenty of parking on a high traffic street.

$2.90 PER SQ. FT. Excellent clean 40,000 sq. ft. of warehouse or manufacturing space, 600 volt, 3 phase power. Fully fenced 5 acre lot with lots of room for outside storage. Property taxes are only approximately 70 cents per sq. ft. Sprinkle system throughout entire building. Four docks with load levelers. Well lit throughout. Two washrooms in the building.

16 A MARKET ST., BRANTFORD

34 WELLINGTON ST.

1517_DJW_3_0031

1517_DJW_1_0038

960 COLBORNE STREET W, BRANTFORD

$1,900,000 Great income and future development site. This property is zoned commercial and agricultural. Currently there is a residential home/office that sits in the center of 10 motel units. All units are occupied and the home is vacant. Zoned for automotive, amongst many more uses. There are 4 gas tanks on this site from previous use. The possibilities are endless on this 10.624 acre site.

771-8577

298 MURRAY STREET 1517_DJW_0041

3-128 NELSON 1517_DJW_1_0015

44 MARKET 1517_DJW_1_0014

JOHN DIGNAN

$3,000.00 NET Existing bar with outdoor patio. Located in middle of Downtown, close to Casino and Student Campus. $3.00 CAM fees.

1517_DJW_2_0014

(519)

583 Catherine St., Port Elgin $499,999

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 both properties).

Apartment Building Buyer Wanted, Call Jason @ 519-209-1543 Please say you saw it in The Commercial Investor

Southwest Ontario

Volume 17 Issue 04

HAMILTON

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

HAMILTON SECTION COVERING:

Grimsby Hamilton Haldimand Stoney Ancaster Caledonia Cayuga Creek Dundas Dunnville

For advertising

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

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

NewSectionPages_FullColor2015.indd 6

2015-03-19 3:47 PM

3:47 PM

Hamilton

1083 MAIN ST E

113-123 EMERALD ST S

PRICE: $6,675,000 UNITS: 58+1 CAP: 5.21%

PRICE: $7,820,000 UNITS: 68 CAP: 5.31%

58-unit apartment building on a major Hamilton arterial across from 71-acre Gage Park.

Apartment building complex in a quiet residential neighbourhood steps from downtown.

55 OAKDALE AVE

233-239 ST PAUL ST

PRICE: $2,850,000 PRICE/ACRE: $475,000

PRICE: $3,180,000 UNITS: 13+2 CAP: 6.75%

6 acres of currently zoned High Density Residential. Only 4 km from downtown.

Newly renovated corner property with fully-leased commercial units and loft style residential suites.

ST CATHARINES, ONTARIO

BEN AMES P O R T F O L I O M A N AG E R E : B E N . A M E S @ F O R G E A N D F O ST E R .C A T: 905 517 6270

HAMILTON, ONTARIO

ST CATHARINES, ONTARIO

11311315_1517

HAMILTON, ONTARIO

Volume 17 Issue 04

Commercial Real Estate & Business Opportunities

SHAWN DOIRON

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

MOBILE:

1117_DJW_0047

1117_DJW_0045

RETAIL/OFFICE FOR LEASE New retail/office building with high end residential units above. This attractive building is located on the corner near the intersection of Upper Sherman and Fennell Ave. E. Retail/office space EAST HAMILTON MOUNTAIN divisible from approx 1020 sf to 5000 sf. High traffic location with excellent street front exposure. Landlord installing back-lit sign boxes above store fronts. Great opportunity for medical, retail, and office uses. Asking Net rent is $13.95 sf. Call for details. Immediate possession. Parking at rear of building.

OFFICE/HOSPITALITY/RECREATIONAL FOR LEASE Attractive stand-alone building with 58 plus designated parking spots. Access to 403/ QEW just minutes away. Ideal for Recreationbal Establishments, Convention Centre, Banquet CenWEST BURLINGTON LOCATION tres, Catering, Restaurants and a variety of other permitted uses. Main floor is 4047 sf plus additional 2488 sf finished basement. Landlord may assist with improvements. Hood and fire supression system existing. Asking Net rent is $9.95 sf. Immediate possession. Must see! Call for details. RETAIL/OFFICE FOR LEASE Clean professional office/retail space ready to occupy by Lime Ride Mall on dominant retail corridor. Excellent exposure to high traffic street with easy access to E/W LINC Expressway. The lease HAMILTON CENTRAL MOUNTAIN unit is approximately 1000 sf. 30 day possession. Asking Net rent is $14.95 sf. Call for details.

1117_DJW_0049

1117_DJW_0046

What our clients are saying about us 24 SUITE MULTI-RESIDENTIAL BUILDING IN GUELPH

SOLD

“Thanks to the COMMERCIAL INVESTOR”

Recognized as “THE ADDRESS” for rental living in Guelph. No dollar has been spared on this property over the years. Guelph has one of the lowest vacany rates @ 1.6% - building always full • 6 - 3 Bedroom • 14 -2 Bedroom • 2 - 1 Bedroom • 2 - Oversized Bachelor • Cap rate: 6%

3315_DJW_0028

Asking $3,100,000 Oct 10 -

Nov 7, 2015 , Volume

15 Issue

For all the details, photo gallery, floor plans, and amenities for this beautiful Guelph property please visit our website at

www.guelphgeorgian.ca INCORPO Full Coverag

RATING FRANCH

e Area Incl

uding Win

ISE AND BUSINESS

dsor, Ham

3 VALUE PRICE STOREY VACA NT BUIL D - WON’T DING - FOR LAST AT $2.49M ON SALE BUSY HAMIL TON MOUN

Nicholas

Kaza

n, Broke Royal LePag r | Nicolas Von Bredo e Macro Realty Indepe w, Broke r Tel: 905-5 ndently Owned and , Brokerage Operated 74-3038 1-888-751-

2229

2115_DJ

QEW EXPO

W_0047

SURE/CLE

LE R SA FO

ilton, Toro

AR SPAN

/GRIMSBY

OPPORT

nto, Niag

TAIN 19,000 square feet availab on 3 floors le plus full basement. Currently the up as a school,building is set with offices, classrooms, and medica computer labs. Each l and floor is 4750 sqft. The buildin great conditi g is in on with a and operati new roof ng elevato r. Located on the Hamilt on Mounta along the in, busy Upper St. corrido James r just North expressway. of Lease rate the per sqft. is $13 plus $2.49 million TMI or asking to purcha se.

ara Falls,

31-SUITE

PRINCIPALS ONLY PLEASE

UNITIES Kingston

ORAN APARTMEN GEVILLE T BUILDING

and Ottawa!

$2,690,0

TAWNYA GVOICH

Well kept unique 4 storey, brick and stucco apartment with elevato building, r. The buildin previously g was a historic church built in 1891. It was comple inside and renovated tely gutted Features: in 1986. 11 Bachel or, 17 – 1-bedroom and 3 controlled – 2-bedroom suites; entry; electric heating; one gas hot-wa baseboard 2014, (owned ter ); all bathroo tank equipped ms with grab bars; new in Septem roof ber 2005; all corrido new carpet rs in lent downto October 2005. Excelwn locatio FOR MAR vacancy – n. Seldom currectly KETING no vacanc a Winston BROCHURE y. Davie WinCorp CALL: Realty Inc.,s, Broker of 45 Keats Real Estate Record Tel: 519-8 Cresc Brokerage, 36-2080 Fax: 519-8ent, Guelph, ON N1G 36-2081 Email: wjmda3B1 vies@rogers .com

Sales Representative t: 226.314.1600 e: tgvoich@trilliumwest.com

3715_D JW_001 9

Fanshaw Clear span 22,434 SQ.FT. Available building Located For (no interio seconds r column Sale. away from QEW with s), 38’ High Ceiling William Coldwell high profi DeJo le neighb . Banker ors. Commercial ng, Broker of 1155 North Integrity Real Record Estate Servic Oakville, e Road W, Suite7 Inc., Brokerage Tel: (289 ON L6M ) 291-5 3E3

e Park Rd. & Richmon d St. (Coming January 2016) Welling Commiss ton Rd. & ione (Coming rs Rd. June 2016)

Other locat

068 Emai l: wdejo ng@c

BSCRIPT

ION!

2 GREAT

bci.ca

1715_D

JW_008

1-877-272-

Get The Comm

2952

ercial Inves

tor delivered

LOCATIO

Great Hour s of Oper ation 7:00 am - 3:00 pm ble acros

ions availa

s Ontario

CALL TOIN LONDON, ON DAY developm

directly to

ent@obsid iangroupin c.com

your door!

See inside

for details

(COM)

FREE SU

FC_4115

Hamilton

RETAIL/OFFICE FOR LEASE Extremely busy prime east mountain retail plaza located on high traffic street w/easy access to the E/W LINC Expressway. Space is 2912 sf and is currently wide open. Idea for most retail/ofEAST HAMILTON MOUNTAIN fice uses. Existing tenants in plaza consist of Goodness Me, Subway, Upper Gage Dental, and more. Excellent exposure with street front pylon sign and wrap around back-lit sign box opportunity. Asking Net rent is $11.95 sf. Ample parking. Immediate possession. Call for details.

RETAIL/OFFICE FOR LEASE Prime corner location across from Westdale high school minutes to downtown and McMaster University. This rare main floor end unit offers excellent exposure to high traffic intersection at WEST HAMILTON LOCATION Main St. W. and Longwood. Economically priced retail/office units can be divided from 4509 sf into two units approximately 2250 sf each. Just minutes to Hwy 403 allows for easy access for out of town travellers. Immediate possession. Asking Net rent is $15.95 sf. Call for details.

1117_DJW_0044

1117_DJW_0048

OFFICE/MEDICAL/REC FOR LEASE This location offers a relaxed environment with many permitted uses. Located just minutes from downtown, Ancaster, Dundas, and McMaster University on Wilson St E. 1400 sf main ANCASTER LOCATION floor office space easily accessible with parking conveniently located steps from front and rear doors of lease space. Street front signage opportunity situated on high traffic street allows for excellent exposure. Ample parking available. Asking $2,995/mth Gross (utilities included). Immediate possession. Must see!

11315388_1517

SALES REPRESENTATIVE

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

10339498_1517

Volume 17 Issue 04

Commercial Real Estate & Business Opportunities FOR

FURTHER INFORMATION:

JOHN HRYCZYNSKI BROKER

(905) EMAIL:

COMMERCIAL REAL ESTATE

REAL ESTATE SALES AND LEASING SERVICES

WEST HAMILTON LOCATION Prime West Hamilton location located near downtown. This property is in for site plan approval for a mixed use residential & commercial development consisting of approx. 103 residential units and 4,000 sf of commercial space with surface & underground parking. The property has existing usable buildings presently leased for extra income until development occurs. Asking $2,290,000, call for further details.

RETAIL/OFFICE FOR LEASE

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.

1517_DJW_1_0069

1517_DJW_2_0062

RETAIL/OFFICE FOR LEASE

1517_DJW_1_5057

NEW RETAIL PLAZA FOR LEASE

HAMILTON CENTRAL MOUNTAIN Busy retail plaza with prime exposure to Upper James & easy access to the E-W expressway. Located next to Denninger's Foods of the World store, unit is fully improved ground floor space w/high end finishes. Ideal for most office, medical or retail uses. Landlord may assist. Excellent parking. Immediate possession. Unit 4,380 sf, asking $18.50/sf net.

CALEDONIA BUSINESS DISTRICT A new mixed use plaza devleopment in the downtown business district with occupancy in winter/spring 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.

EAST HAMILTON MOUNTAIN A first class busy regional retail complex, anchored by Metro Food, Shoppers Drug Mart, LCBO, department stores, banks & other retailers w/tremendous parking capacity. Available unit 6 is 4,428 sf, Landlord may divide the unit from 1561 sf and 3,143 sf. Ideal from most retail/office uses. Abundant parking. Asking from $17.95 - $18.93/sf net.

inthenews

Minister Duguid on completion of the Canadian Free Trade Agreement

rad Duguid, Ontario Minister of Economic Development and Growth, who served as Chair of the Internal Trade Renewal Negotiations, issued the following statement regarding the completion of the Canadian Free Trade Agreement (CFTA): “The Canadian Free Trade Agreement (CFTA) is an ambitious, balanced and equitable agreement that makes Ontario and all of Canada more competitive in a fast-changing global economy. Removing interprovincial trade barriers will increase economic activity, and it could raise Ontario’s GDP by up to one per cent by 2025, or more than $9 billion dollars. Ontario businesses will have improved access to more markets to sell their goods and services. Ontario workers will have more job opportunities and more flexibility over where they can work. And Ontario consumers will have more choice at lower prices. The CFTA replaces the 1995 Agreement on Internal Trade (AIT) and is more comprehensive, covering nearly all sectors of the economy. Unlike the previous agreement, the CFTA will be able to

keep up with technology and innovation, as the agreement’s rules will automatically apply to new, emerging areas of our economy. This agreement makes Canada the first country in the world to have a binding process to harmonize or mutually recognize our existing regulations affecting trade, and it also has a framework that enables a common approach to any new regulations impacted by trade. The CFTA will also align domestic trade rules with international trade agreements such as the Canada-E.U. Comprehensive Economic and Trade Agreement (CETA). Creating this agreement was the result of more than two years of tremendous effort, including 21 rounds of negotiations and countless hours of work by provinces, territories and the federal government. However, this is only the beginning. More work remains to be done - for example, the CFTA sets a framework for all parties to start work on enhancing trade in alcohol and financial services within Canada. I would like to thank my colleagues across the provincial, territorial and federal governments for their cooperation and support in delivering the CFTA for the people of Canada. I look forward to the agreement taking effect on July 1, 2017, a fitting tribute for the 150th anniversary of Confederation.”

Please say you saw it in The Commercial Investor

Hamilton

1517_DJW_0040

HAMILTON DOWNTOWN CORE A rare opportunity to purchase this solid income property in excellent condition with good cash flow located in the heat of downtown core, 3rd building east of James St. on King St. E. This property is an integral piece for a land assembly. The property includes a natioal retail tenant & 2 apartments above. Recent improvement include a new roof and HVAC units. Current Gross income projected at $81,355. Asking $1,299,000.

OFFICE & RETAIL FOR LEASE 1517_DJW_1_0061

MIXED USE DEVELOPMENT SITE 1517_DJW_2_0055

INVESTMENT PROPERTY FOR SALE

JOHN@BBSREALTY.COM

WWW.BBSREALTY.COM

REAL ESTATE BROKERAGE COMMERCIAL

529-5900 X 240

Commercial Real Estate & Business Opportunities

Making an Offer on a Multi-Residential Investment Property

Volume 17 Issue 04 8171452_1517

Hamilton

o you have finally decided to buy an investment property and now you are ready to take the next step. Before you proceed to present an Offer, you must be assured that an experienced realtor or lawyer familiar with investment properties represents and assists you with completing the Offer. Consider that when you are buying a home you are basically buying bricks, mortar and land. However, when buying a multi-residential investment property, you are assuming tenants along with all the tenant rules, regulations and laws that accompany them. There are also other extensive regulations and by-laws you need to know about, such as Fire, Zoning, Health and Safety, Environmental, and so on. Your Offer must have the appropriate clauses and conditions to address all of the above-mentioned laws and regulations.

TENANTS Your Offer should request Tenant Acknowledgments on closing date, whereby a tenant confirms in writing the following: a) Monthly rent, b) Rental deposit paid and when, c) Move-in date, d) Whether any appliance is owned by the tenant, e) Which utilities (if any) do the tenants pay? f) Any on-going Landlord and Tenant disputes g) Date of last rent increase Should a tenant refuse to sign this form, then a Declaration signed by the Seller would suffice. EQUIPMENT Other information that the Offer must request is confirmation of all equipment and chattels that belong

Please say you saw it in The Commercial Investor

Commercial Real Estate & Business Opportunities

FIRE REGULATIONS The Offer should require that the Seller provide a “Letter of Compliance” from the Fire Dept. confirming the Fire retrofit was completed and that the building is in compliance. It is highly recommend to request for annual fire inspection certificates from a qualified and certified technician. ZONING REGULATIONS The Offer should request the Seller provide a copy of a Zoning Certificate that verifies that all units in the property are legal and meet the zoning bylaws and confirming no outstanding work orders exist. REQUISITIONS The Offer should also be conditional upon receiving a copy of the following; • All existing contracts, warranties and invoices for recent capital expenditures. • Utility bills for at least 1 or 2 years • Financial statements for at least 2 years • Existing survey • Insurance policy • Current detailed rent roll • Provide all reports in Owner’s possession eg. Structural, Home Inspection Report, Environmental Phase 1, Appraisal etc. • Any Rent Review Order available

Unlike residential purchases, financing investment properties will take much longer to complete. The conditional period for arranging financing should be extended.

request an extensive appraisal report; plus they may request environmental and structural studies before final approval is provided. If you plan to go with a CMHC insured mortgage, be prepared to extend this clause for a much longer period. Failure to address any of the above issues in your Offer may result in unnecessary grief, incur extra costs and the possibility of paying too much for the property. Not all issues are covered in this article. For more information on Commercial Offers and related Schedules, contact the writer by email at dino@investprorealty.com or visit our website www.investprorealty.com

INSPECTION CLAUSE Consider including a clause allowing for a full property inspection of the property, including viewing all units, mechanical and electrical rooms, etc. This condition should have an escape clause terminating the offer, if you are not completely satisfied with the said inspection “at your sole and absolute discretion” INSURANCE CLAUSE With today’s strict rules and regulation some properties may not be insurable due to environmental or electrical issues, or the insurance company may charge a premium for certain properties. Therefore insert a clause conditional allowing the buyer to obtain satisfactory insurance. FINANCING CLAUSE Unlike residential purchases, financing investment properties will take much longer to complete. The conditional period for arranging financing should be extended. The norm would be approximately 15 – 30 business days, because commercial lenders will likely Please say you saw it in The Commercial Investor

Hamilton

to the property are included in the purchase price, e.g. lawn equipment, vacuum cleaners, appliances, snow blowers, cleaning and hardware supplies, ladders etc.

8171394_1517

Volume 17 Issue 04

Commercial Real Estate & Business Opportunities

Larry Szpirglas

Christine Kiriakopoulos

BROKER

SALES REP

Christinek@royallepage.ca

larryszpirglas@royallepage.ca

Tel: 905.648.4451

11292618_1517

1517_DJW_0034

COMMERCIAL INDUSTRIAL SPACE FOR LEASE 706 STRATHEARNE AVE. HAMILTON

Hamilton

2.16 acre property with fenced yard, approx. 5000 sq. ft. warehouse and approx. 1800 sq. ft. office building with electronic weigh scale. In industrial core. New forced air furnace (2017), newly carpeted (2017). Signage in front of office. Zoning permits heavy industrial uses and storage. $6000 per month net.

Rare offering in trending downtown, 8 unit apartment building in excellent condition, 3 two bedroom and 5 one bedroom units. Newer water heater (2015), newer roof (2015), newer windows in most units (2014-2015) & approx. $35,000 in renovation to most apartments including flooring, bathrooms and kitchens, close to all amenities including hospitals and medical facilities, public and separate schools, public transportation, recreation, shopping, entertainment, restaurants and fine dining. Close to highway 403, GO Station.

D L SO

INVESTPRO REALTY LTD.,

VMYSL

BROKERAGE

Specializing in Multi-Residential Listing and Sales

Dino Nicosia, Broker of Record

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

“Your Investment Partner for Life”

www.investprorealty.com

Kandy Thompson,

Sales Representative

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

24 UNITS, LONDON

NEW LISTING, 7 UNITS NR. DOWNTOWN HAMILTON

LEGAL 4 UNITS

Asking $2,100,000.00. Very good condition. For more details and financials visit our website. 1517_DJW_1_0043

Great location. Rents have upside. Parking for each tenant. For more details visit our website. 1517_DJW_1_0037 Asking price $999,000.

Great St. Catharines rental area. No vacancies! Good cash flow. Asking $434,900. For details, 1517_DJW_1_0024 please visit our website.

8 UNITS, HAMILTON DOWNTOWN CORE

4 UNITS, HEART OF DOWNTOWN, HAMILTON

20 UNITS, EAST HAMILTON

SOLD NAL ITIO OND

C Asking $1,299,000. Many recent improvements. Visit our website for details. 1517_DJW_0007

2 luxury residential units, over 2,000 sq. ft. each. Plus 2 commercial spaces. Rent has room for upside. Visit our website for details. 1517_DJW_0008

Fantastic Investment. Mostly seniors. Very large 2 br. units. Asking $2.8 mil. Rents have huge upside. 1517_DJW_0009 Visit our website for details.

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

8495852_1517

1517_DJW_0035

8 UNITS - DOWNTOWN HAMILTON $958,000

Volume 17 Issue 04

Commercial Real Estate & Business Opportunities

8171399_1517

RE/MAX Escarpment Realty Inc Brokerage

11.9 ac Dvlpmnt Opprtnty on Prime crnr lot w/3 rd frntgs! Zoned "DD" & designated "District Commercial" under Mt. Hope Secondary Plan which allows for commrcl & possibly mixed use rsdntl. Hwy exposure & close to Hmltn Airport, QEW & 403. Buyer to complete all due diligence. Development incentives from the City! Call LA for more info. 1517_DJW_1_0062

Hamilton

3097 HOMESTEAD DRIVE, MOUNT HOPE $3,000,000

4011 HWY 6, HAGERSVILLE $1,590,000 Valuable 10.06ac comm. prop in E. Hagersville. 60-90 mins S. of Toronto. Incs 3 bldngs - Bldng #1 - 14,000sf w/20 offices, 5 baths, 3 kitch, 3 sep. security zones, incs 4000sf htd warehouse. Bldng #2 - 9400sf, 7 bays, UL offices, rented to quality tenant. Bldng # 3 - 1800sf + 1300sf lean to. Huge pvd lot. Enviro reports avail. Zoned MG. 1517_DJW_1_0036

4 FIELD RD, NANTICOKE $729,900

289 BROOKLIN RD, NANTICOKE - $699,000

103 CEDAR DR TURKEY POINT - $649,000

2.87ac prprty loc.in Nanticoke's Indstrl Park-mins to US Steel+Esso Refinery-45 mins/Hamilton.Incs 2002 blt 5500sf insltd bldng w/in-flr heat, 17' ceilngs, 6 overhead drs,1100sf offc, secured cmpnd, 600 amp, vhcle hoists. Ideal satellite trucking/manufacture depot. Impossible to replicate at this price. Zoned MH-2

Clean 47.5ac turn-key dairy goat farm loc. in SW/Haldimand Cnty - 45 mns/Hamilton. Incs 15 yr 1344 sf, 3 bdrm bungalow + 1344 sf unfin. bsmnt, 80x152 stl cld ins. dairy barn (2002) w/ 30x30 milking parlour, 40x104 sf stl cld imp. shed (2007), 40ac workable (hay), pond in-take/well. Goats sold separately.

"Life-Style Change" investment property in resort town of Turkey Point. Aprx 2000 sf comm/restaurant w/all equip est. over 40 yrs + aprx 1000sf yr rnd 3 bedrm cottage incs roof 15. Sit 0.33 ac lot-directly across from renowned pub. sand beach. Over $40k spent on new roof/int. flooring '17.

1517_DJW_1_0006

1517_DJW_1_0008

1517_DJW_1_8002

521 WENTWORTH ST N., HAMILTON - $499,900 OR $4500 PER MONTH

33 MAIN ST N, WATERFORD - $399,000

7104 CANBOROUGH RD, WEST LINCOLN - $379,900

Rare "K" zoned prop. loc. near Hamilton's Industrial core. Incs 61 x 91 ft secured compound - ideal for Towing Co., Landscaper/Snow Removal co. etc. + renod 3027 sf 2 stry home w/2 sep. res. units, 1529 sf bsmnt + att. grg. Oversized 26' x 136' irreg. shaped (0.18ac) lot many allow for add. lot severances.

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!

Imagine owning charming 1930's inspired General Store w/ in-house Retail Store/Restaurant/Outdoor Patio + immac. 2 bdrm res. unit. Turn-key business incs equip - (see sch) + huge frnt parking area. Clean operation w/unlimited potential. No P&L avail. Do not go direct. Contact LS RE: liquor license, lease option VTB.

LOT ON FIELD ROAD - NANTICOKE $239,900

2007 MAIN STREET SOUTH, JARVIS $125,000

UNIT 1, 2 OR 3 - 26 MAIN ST N, HAGERSVILLE - $14.00 PER SQFT

Rare 2.86 ac Industrial Lot in Nanticoke Ind. Park.Incs 283' Field Rd frontage-wtr/swr/hyd. at/near lot line-n/gas at adjcnt lot. MH-2 zoning may allow for small fabricator/machine shop/truck depot. Buyer/Buyer's Solicitor to verify prmttd uses/zoning,attaining of bldng permits, cost of levies/dev. charges/HST.

Est. profitable fast food restaurant business loc.in Jarvis's prime mn crnr. Boasts ex-visual exposure+hi-traffic/pedestrian volume. Incs attractve det. bldng w/lrg paved pkng/multiple entries. Offers 724sf retail area, 266sf fully equipped comm. kitch, ofc+strg space. Contact LS re: lease terms-P&L/serious inquiries only!

Ideal commercial loc w/ample prkng. 3 spcs avlbl inc spc 1 of 2589 sqft & space 2 of 1227 sqft immed adjacent to spc 1 & can be joined to total 3816 sqft. Spc 3 is 810 sqft. 5 year leases avail + 5 year extensions at market rent. A growing community w/a present volume of customers.

1517_DJW_1_0004

1517_DJW_1_0021

1517_DJW_1_0055

1517_DJW_1_0001

Please say you saw it in The Commercial Investor

1517_DJW_1_0012

1517_DJW_1_0007

Volume 17 Issue 04

Commercial Real Estate & Business Opportunities

Salvador Lachica

Ramzi Twal

Broker

Sales Representative

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

905.929.6890

MACRO REALTY

salvadorlachica@royallepage.ca

1.888.751.2229 EXPERIENCE COUNTS

11310570_1517

Hamilton Excellent fast-food business in the heart of Downtown Hamilton. High-traffic location. Public transportation, shopping and public parking nearby. Easy to operate. Can be run by staff or family. Seats 35 customers. Dine-in or take out. Motivated Seller $169,900. MLS #H3196055

Well known Hamilton Bakery, established over 70 years. Turnkey operation. Seller willing to train. Fully equipped, distributing to many food chains plus walk-in traffic. Sale includes all equipment, one delivery van, 3 bedroom and 2 bathroom house. Large paved parking area. Asking $599,000. MLS #H3192907

1117_DJW_2_0035

1117_DJW_6_0036

moneysense

Bubbles and government intervention

• The spring edition of the Market Manuscript looks at the causes driving the residential housing price growth and the possibility of a national housing bubble in Canada.

The report, authored by Senior Vice-President of Market Research and Analytics, Ben Myers, includes original research and surveys, supplemented by statistics and data from several independent third-party sources. Mr. Myers is an analyst with 15 years of experience researching real estate markets across North America.

• Report includes a survey of domestic realestate developers and the general public

ortress Real Developments (Fortress) released their bi-annual report on the Canadian housing market.

There has never been so much focus on residential housing markets in Canada as there is today, especially as Toronto and Vancouver have been named among the hottest housing markets in the world. Among some of the topics are: - Why the typical measures to assess a housing bubble are inadequate; - How the Vancouver housing market has responded to the foreign buyers’ tax implemented in August 2016; - What the government should consider when intervening in the housing market; - How much time homebuyers will sacrifice via their commute to purchase a larger home;

• Examines the latest findings on government housing market intervention in other global markets

- Are Toronto housing developers hoarding land; and - Forecasts call for lower new housing activity in Calgary and Edmonton in 2017. “With the high price growth in 2016, there is much debate regarding the market dynamics that are pushing up values and whether the housing market is a bubble waiting to burst,”says Myers.“This report differentiates fact from fiction and anticipates where the housing market is headed in 2017, especially in the red hot Toronto market.” The full report is available online at fortressrealdevelopments.com – Fortress Market Manuscript Spring 2017.

Please say you saw it in The Commercial Investor

Volume 17 Issue 04

11292930_1517

Commercial Real Estate & Business Opportunities

Mazhar Roshan Sales Representative

905.929.9800 647.609.9463 905.574.6400

Direct

HomeLife Professionals Realty Inc.

GTA Direct

BROKERAGE Office

mazharroshan@sympatico.ca HAMILTON - $249,900

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

RETAIL STONEY CREEK MOUNTAIN

Hamilton

I HAVE QUALIFIED BUYERS FOR YOUR GAS STATION, CONVENIENCE STORE, RESTAURANT OR BAR.

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.

CALL TODAY TO GET IT SOLD!

1517_DJW_1_6622

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. 1517_DJW_3_0024

“My Business is to Sell Your Business”

11294991_1517

Please say you saw it in The Commercial Investor

marketminded

Residential construction activity to cool off this year, while non-residential construction rebounds

ollowing a relatively weak 2016, residential construction activity in Canada is poised to see a modest decrease in 2017 as the number of housing starts is expected to decline to this year, according to The Conference of Canada’s latest outlook for the industry. On the other hand, non-residential construction is expected to return to growth in 2017, thanks to government infrastructure spending.

“Not only is the residential construction industry seeing a downturn in housing starts, spending on home renovations is now showing signs of weakness too. In all, we expect price-adjusted spending growth in the residential construction industry to average less than one per cent per year through 2020,” said Michael Burt, Director, Industrial Trends, The Conference Board of Canada.“Meanwhile, non-residential construction is positioned for a turnaround this year, led by growth in the institutional segment and increased investment in warehouses and hotels.” HIGHLIGHTS • A slowdown in apartment and row house construction is expected to lead to a 0.2 per cent decline in residential construction output in 2017. • Despite weaker residential construction activity, pre-tax profits are forecast to grow by 4.7 per cent this year to reach $4.2 billion. • Non-residential construction output is forecast to expand by 3.7 per cent this year, led by growth in the institutional segment. RESIDENTIAL CONSTRUCTION This year will be a tough year for Canada’s residential construction industry. A slowdown in multi-unit construction, particularly in the apartment and row house segment, is expected to drag down industry output by 0.2 per cent in 2017. Signs of this downturn have already shown up in recent housing starts data, with multi-unit housing starts down 2.3 per cent in 2016. Multi-unit housing starts will take another step back in 2017, and will struggle through 2021.

Affordability worries in Toronto and Vancouver have led to policy makers implementing several measures to cool housing markets, and considering additional options. Given that in 2016 these two markets accounted for more than 30 per cent of housing starts in Canada, these measures will be a major contributor to a general slowdown in residential construction activity across Canada. Overall, housing starts in Quebec and British Columbia will struggle throughout the forecast, while other provinces, particularly Alberta and Saskatchewan, will experience stronger growth. With only limited gains in revenues expected, the industry’s finances are expected to remain relatively unchanged through the forecast. However, costs are expected to be a risk factor going forward, as a construction boom in the United States could push up material costs and hurt the bottom line. Overall, industry margins are expected to remain slim, averaging 3 per cent over the next five year, and industry pre-tax profits are forecast to reach $4.2 billion this year. NON-RESIDENTIAL CONSTRUCTION Following a decline of 2.0 per cent in 2016, non-residential construction output is expected to rebound this year, expanding by 3.7 per cent. The institutional segment was the only area of growth for the industry in 2016, and government stimulus spending will help the institutional segment grow by 6.8 per cent this year. Beyond 2017, however, the institutional segment will provide a smaller boost to the industry, as government stimulus spending is projected to unwind. Providing support to the industry’s commercial segment is the rise of online shopping, which is beginning to see a faster rate of adoption in Canada. This will help support a U.S.-style buildup in warehouses across the country, although Southwestern Ontario will be a key beneficiary. Ontario has seen an average annual rise in investment in transportation and warehousing of around 11 per cent in 2015 and 2016, and investment intentions point to another strong year in 2017, with growth of 20 per cent expected. Industry profitability is expected to improve slightly over the next five years. Pre-tax profits are expected to reach $2.2 billion this year and grow by an average of more than 4 per cent between 2018 and 2021. For more information visit conferenceboard.ca.

T 2 D C c

New

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

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

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

GREATER TORONTO AREA

GTA

For advertising

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

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

For further information: Yvonne Squires, Media Relations, The Conference Board of Canada, Tel.: 613- 526-3090 ext. 221, E-mail: corpcomm@conferenceboard.ca; Juline Ranger, Director of Communications, The Conference Board of Canada, Tel.: 613- 526-3090 ext. 431, E-mail: corpcomm@ conferenceboard.ca

NewSectionPages_FullColor2015.indd 7

2015-03-19 3:47 PM

Commercial Real Estate & Business Opportunities

Volume 17 Issue 04

SkyViews Finding the Right Brokerage Guidelines to help apartment owners maximize their sales

Greater Toronto Area

By Erin Ruddy, Editor of Canadian Apartment Magazine When it comes to selling an apartment building, there are communication to blanket the market in hopes of finding many factors property owners should consider before potential buyers; to properly market a property, the right diving into, what for most, is an intensely complicated brokerage will use what is called target marketing. “Using process. Among those factors, and perhaps the most multiple forms of communication, your brokerage should important of them all, is choosing the right brokerage to identify the best strategy to reach all buyers in the engage the right buyers. apartment building industry directly, resulting in you getting the most efficient marketing results,” he says. Cliff Ford is the Director of Sales and Marketing at Skyview Realty Limited. As someone who has been been facilitating Find someone connected this process for more than seven years, Ford offers the The ideal brokerage is connected not only to you, but also following guidelines for finding a brokerage firm to foster to a network of current buyers. When you are ready for successful transactions and ensure the highest results. your property to be listed, Ford says your brokerage should already have contacts with potential buyers and know who Go with experience would be the right fit for your building. Real estate markets change from year to year, even from month to month. “When dealing with a brokerage firm, Remember, established is good owners need to find the delicate balance of experience, Along with knowledge of current buyers, a brokerage coupled with the up-to-date understanding of today’s should have already established relationships with other current marketplace and trends,” says Ford. “Experience companies in the industry—appraisers, environmental and alone will fail to provide strategies that reflect current trends structural inspectors, financial institutions, and other key in the industry.” On the other hand, a brokerage firm lacking players. “Having an established network of industry in experience will not be able to accurately predict and professionals can assist you in bringing your transaction to prepare for upcoming trends. a quicker close,” he says. Look out for number one Ford advises that above all else, apartment building owners choose a brokerage that looks after their interests and works hard to achieve their trust, confidence and commitment. “Your brokerage should ultimately be looking to serve your needs throughout the process of selling,” he advises.

Look beyond the offer Many real estate transactions fail at the most crucial stage: the due diligence process. “Having a brokerage that engages in a thorough due diligence process ensures that your building’s information is verified for the buyer and your transaction closes smoothly and promptly.”

Take the right approach While some brokerages focus on the approach of, “Bring me an offer, any offer,” Ford points out that finding the right buyer with the right offer is the better way to go. “A good brokerage will bring the right people to the table to help you sell your building,” he says.

Get what you pay for “Whether you are paying a low or high commission fee to the brokerage of your choice,” says Ford,” you need to be confident in the level of service you received. The right brokerage will be dedicated to providing the ultimate service for the commission fees you pay.”

Know your value Many brokerages waste valuable time and resources trying to pinpoint the market value for a building. “The right brokerage will have the knowledge and experience to provide an accurate opinion of value prior to even listing your building,” says Ford. “Knowing what your building is worth will help you get the right return on your investment.”

Finally, when all is said and done, Ford explains that the most important element in dealing with a brokerage firm is achieving top dollar for an apartment building. Finding the right brokerage—one that fulfills the above criteria—ensures that the owner walks away from every transaction with confidence, having received exceptional service, maximum exposure, hassle-free processes, and best of all, financial results.

Get maximum exposure Marketing is not just a matter of using one or two forms of

8647857_1517

SKYVIEW REALTY LTD.,Brokerage Apartment Building Sales Tel. (416) 444-6545 E-mail: info@skyviewrealty.com

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

Please say you saw it in The Commercial Investor

R O

REALTOR

Volume 17 Issue 04

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

PT LT 5 CONC 4

MOMO'S PIZZA (SALE OF BUSINESS) 9710 HWY 9

Turnkey and well established take-out pizza restaurant. Unlimited potential for growth (expansion of hours and catering). Business presently operating 28 hours/week (Tues-Fri 4-8 pm and 4-9 pm on weekends). Loyal customer base, high traffic location (Tin Hortons and Esso Gas Station). $50,000. Ashlyn Trevelyan* 1-888-936-4216

95 Acres minutes to Alliston. Build your dream home with extra acreage to enjoy country living. Nice building envelope on entrance from 4th concession. Approximately 30 acres workable and balance mixed bush. Great property for Hobby Farm, Hunting and Build that dream home. $599,000 Marc Ronan**** 1-888-936-4216

1517_DJW_0024

2157 HWY 27

10929735_1517

1517_DJW_0025

1056 SRD 17

Great investment opportunity among developer owned land near Hwy 400 & 88 and new 5th Line/Highway 400 interchange. Country Road 27! Custom home, corner farm on 93 acres near massive Bond Head & Bradford Residential Development proposal. Mostly workable land. Fully finished bungalow w/2 car garage, large principal rooms, walkout to deck. Spacious lower level. $5,200,000 Marc Ronan**** 1-888-936-4216 1517_DJW_0026

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 Marc Ronan**** 1-888-936-4216

1517_DJW_0027

5209 BOYNE

2937 LINE 5 Investment opportunity! 30 acres future development land in Alliston across the road from new residential development. Level land with approx 5200 sqft building, 2nd level updated apartment approx 2000 sqft plus inlaw space. This property has serious development potential. In area surrounded by developer owned land. Municipal services on road in front of property. $2,300,00 Marc Ronan**** 1-888-936-4216

38.89 acres backing onto estate residential and in area of developer owned land and proposed development such as Bradford Highlands Golf. Municipal sewer main on front of property and municipal water main at 10th Sideroad and 5th Line Located near Highway 400/5th Line interchange with approx. 1880 road frontage. In area identified as place to grown in provincial plan. Majority of property is flat

1517_DJW_0028

6285 12TH LINE

1517_DJW_0029

29 CINDY LANE, ADJALA/TOSORONTIO

37 Acres of Prime land right in the middle of proposed 1000 development by Mattamy Homes. Great large steel building and workshop located just South of booming Alliston. Level productive clear land. Building approximately 60 by 200 steel clad with 16 by 160 addition. Well & septic. $2,900,000 Marc Ronan**** 1-888-936-4216

1517_DJW_0030

Please say you saw it in The Commercial Investor

Rare building Lot opportunity in Silver Brooke Estates. 18 hole golf course community. Build your dream home on this pie shaped and treed lot in area containing million dollar homes & estates.. $329,000 Marc Ronan**** 1-888-936-4216

1517_DJW_0037

Greater Toronto Area

RONAN REALTY, BROKERAGE

Volume 17 Issue 04

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

DIXIE/HWY 401 - PROFESSIONAL OFFICE/RETAIL

MAIN/DANFORTH BUSINESS FOR SALE

V SI

C EX

1517_DJW_6_0022

MAIN/DANFORTH - MEDICAL CENTRE LEASE SPACE

LIMITED TIME!

Excellent Terms for Family Physicians! Call Now Limited Time! First class medical centre at Main/Danforth Subway. Office space available for private practice or physician clinic environment, turnkey, work on % of gross billing! Bldg includes pharmacy; radiology, ultrasound, medical labs; & physiotherapist! Free Rent period. $10/Sq Ft Net. Call George 416-554-7653. 1517_DJW_2_0118

ATTENTION INVESTORS! 21%+ ANNUAL RETURNS! • Single Family & Condo Developments • Projected Returns Exceed 21% per Year • Partner with Top-Tier GTA Developers

• RRSP, TFSA, LIRA++ Eligible • Get Developer Returns! • Call George Politis 416-554-7653

11276658_1517

Greater Toronto Area

Steal of a deal! Price reduced $60,000 for immediate sale! Prime location in busy Dixie Park Centre with free parking! Two units, total 1,450 sq. ft., one with offices and reception area. Great for investor/user! Use one, lease the other! Must be seen! $268,800. Call Matt: 647-500-7708 or George: 416-554-7653 1517_DJW_1_0671

Rare business opportunity in busy, major intersection in walking distance of subway! Over 20 years established optical/optometrist business, optical equipment, show cases, gross income $18k/mo with extra income from eye exams! Excellent lease terms. $60,000 or best offer! Call George 416-554-7653.

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

MLS unless otherwise noted. Not intended to solicit clients already under contract. Please say you sawAllitListings in Theare Commercial Investor

SELLING REAL ESTATE FOR OVER 28 YEARS

Platinum Award Winner

Bill Morrison SALES REPRESENTATIVE

Direct:

Heritage Realty Inc., Brokerage

905-619-9500

Independently Owned and Operated

Email:

morrisonb@sutton.com

COURTICE

TORONTO

Excellent free standing plaza. Corner location. Over 30 parking spots. Newer roof. 8800 sq. ft. with 10 units. Net income $115,000.

$2,200,000

1517_DJW_4_0048

ASKING

$6,000,000

OSHAWA

1517_DJW_0042

OSHAWA

48 Unit apartment building, fully leased. Tenants pay own hydro. Janitor on site. 1.2 acres. New elevator. Acc. balconies redone. Walking distance to Oshawa Mall. ASKING

$7,200,000

1517_DJW_0043

Renovated Triplex on a large lot. Fully leased. 2-2 bedroom & 1-1 bedroom. Income $42,600. Owned coin washer & dryer. ASKING

TORONTO

$629,900

1517_DJW_0044

BOWMANVILLE

Location! Location! Great area of Whitby, Impeccably owned and maintained. Currently 3 units with potential to make 4 units. Fully occupied. ASKING

$1,450,000

Greater Toronto Area

ASKING

Custom built 36 unit with 19 underground parking spaces in Prime Parkdale location. Total income approx. $331,000.

10527900_1517

Toronto line: 416 798 7278

1517_DJW_0049

Rare investment in Bowmanville. 6 Retail on ground floor and 14 apartments. Fully occupied.

ASKING

$4,800,000

1517_DJW_0046

WEST TORONTO Modern 8 Bay Car Wash. Built with extended bays to accomodate larger vehicles. Bays are bright and open. Built 2009. Easy to operate this cash making business! ASKING

$3,465,000

1517_DJW_3_0055

I URGENTLY NEED MORE PROPERTY TO SELL IN ALL AREAS,

BUYERS ARE WAITING.

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

Volume 17 Issue 04

Commercial Real Estate & Business Opportunities

FRANK REAL ESTATE

Independently Owned and Operated Brokerage

1117_DJW_0003

CHARMaine McLaren Sales Representative

FOR SALE

charmainemclaren@gmail.com

80 Athol St. East Oshawa, Ontario

905-391-9296 11308667_1517

“Durham, One of Canada’s Fastest Growing Regions!”

11315128_1517

5.2 Acres approved Commercial Land (CS). Sales price $1,990,000 (Financing Available)

Shovel ready for plaza construction April 2017 57,700 sq. ft. Retail plaza, 30 + stores ready for construction. Stores sizes 2000, 3000, 5000, 6000, 7000, 10,000 sq. ft. UP Prime Simcoe ON, location + 260 + customer parking

Located in Durham one of the fastest growing regions in Ontario. Mixed zoning on 4.18 acres of land located on a busy corner with a six unit plaza, plus a house. Invest in your future grow your equity and collect rent too. Greater Toronto Area

Only $2,975,000. Call now to view. 905-391-9276 1517_DJW_0033

Investors/Builders Smart commercial investing, is all about timing NOW is the time, to buy this land & build this Super Plaza.

Call Ed Bain

416-836-7686

(email) slandcorporation@yahoo.ca

26 SUITES RETIREMENT HOME WITH GOV'T FUNDING (OTTAWA AREA)

18 BED RESIDENTIAL CARE HOME FACILITY WOODSTOCK

15 BED GROUP HOME 70 MINS FROM BRAMPTON

26 large suites with full ensuite bathrooms. Possible 52 semi-private beds. Licenced Retirement Home. Some residents are licenced Retirement Home. Government funded under the City of Ottawa Housing with Support program. For more information on this property and Housing with Support, visit

Home is licensed by RHRA as a Retirement Home, and has a contract with the City of Woodstock to provide subsidized Housing with Support.

Currently grossing $14,000 per month. Potential to increase income. Separate apartment for a live in operator. Priced to sell. For more information visit our website shown below.

$1,550,000

1517_DJW_1_0060

$990,000

1517_DJW_0004

$425,000

MICHAEL SHMUKLER, P.Eng, Broker of Record DIRECT: 519-318-1622 TOLL FREE: 1-866-960-6059 SH M U K L E R RE A L T Y I N C . B RO K E RA G E

Email: michael@ShmuklerRealty.com

Please say you saw it in The Commercial Investor

11253451_1517

WWW.SHMUKLERREALTY.COM

1517_DJW_1_0022

Volume 17 Issue 04

Commercial Real Estate & Business Opportunities

JUST LISTED

IN DOWNTOWN ST THOMAS

$449,900

}

ATTENTION INVESTORS

Do you have children attending the University of Western Ontario?

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

1517_DJW_8032

1517_DJW_1_0033

Centrally located in downtown St. Thomas an historic office building with zoning for up to 4 apartments, or include your business on the main level with two apartments on the upper level. Included is a one floor bungalow fully leased located behind this colonial style building. Call me directly for information & your private tour! $449,900

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

NELSON CONROY

JAMIE HANKE

Sales Representative

nelsonconroy@royallepage.ca

Sales Representative

jhanke@royallepage.ca

Greater Toronto Area

519-672-9880 London South - 334 Wellington Road S, N6C 4P6

11303359_1517

1.5 ACRES WITH SMALL BUILDING AND (OPEN STORAGE)

FOR LEASE - $14.95 PER SQ. FT. BRAND NEW BUILDING!!!

BO LO TH TS RE SI OF AR DE PA S & O RK IN FR F O BL G N DG T! -

D OR RF E E N TH JA RU &

FOR SALE! GOOD FOR CONTRACTORS YARD, TRUCK REPAIR OR BUILDING MATERIALS. OUTSIDE STORAGE

7200 SQUARE FEET BUILDING FOR LEASE IN STOUFFVILLE

Office/Retail Condo for lease ground floor! Popular area, new space. Good for Medical Uses, Health Centre, Accountant, Real Estate, Mortgage Business, Law, Education Facility, Car Rental. Possible Purchase. 1517_DJW_1_0085

FOR SALE

KEELE ST & MAJOR MACKENZIE DRIVE - VAUGHAN • Investment property • 2.5 acres open storage • Near 404 highway with open storage Stouffville. zoning. • Approx 5% Cap Rate • Asking $14,700 monthly plus TMI. • CALL FOR PRICE 1517_DJW_1_0023

Rene Papa,

B.A., S.R.S., CNE, Broker

647-300-7363 Cell 905-660-4949 Office Ext. 225

selling99@rogers.com Please say you saw it in The Commercial Investor

11308051_1517

1517_DJW_0032

• Retail!!! Exposure!! Lots of parking! Suitable for most retail, office medical uses permitted. Excellent Investment. • Unit #21 - 1,156 sq ft - $434,000, beside pkg lot! • Unit #22 & 23 - 1,849 sq ft - $659,000 Now $629,000 Floor to ceiling windows - Must see this unit to believe!

trebreport

MORE THAN 5.5 MILLION SQUARE FEET LEASED IN Q1 2017

oronto Real Estate Board President Larry Cerqua announced that TREB Commercial Network Members reported 5,538,743 square feet of combined industrial, commercial/ retail and office space leased through TREBâ€™s MLS System in the first quarter of 2017.

TREB Commercial Network Total TREB MLS® Leasing Activity* (Millions of Square Feet Leased) 7.00

TREB MLS® Average Lease Rates ($/Sq.Ft.Net)* $24.00

6.42

6.00

$20.00

$19.29

5.54 4.84

5.00

$16.00

3.88

4.00

$16.34

First Quarter 2017 First Quarter 2016

$14.38

$14.18 First Quarter 2017 First Quarter 2016

$12.00

3.00 $8.00

2.00 1.00

0.72

0.00

Total

Industrial

0.67

Commercial/Retail

0.94

$0.00

Office

Commercial/Retail

326

$350.00

$333.03 $307.57

$300.00 235 First Quarter 2017 First Quarter 2016 121

100

117

77 44

Industrial

Commercial/Retail

$204.33

$200.00 $150.00

128

Total

$250.43

$250.00

200 150

Office

TREB MLS® Average Sales Price ($/Sq. Ft.)*

300

Industrial

* NOTE: Average lease rates are reported only for those properties sold on a per square foot net basis and for which the selling price was disclosed. Source: TREB

Total TREB MLS® Sales Activity* (Number of Sales)

250

$5.20

$4.00

0.91

* NOTE: This chart summarizes total industrial, commercial/retail and office square feet leased through TorontoMLS regardless of pricing terms. Source: TREB

350

$6.39

$100.00

First Quarter 2017 First Quarter 2016 $125.94 $104.64

$50.00

Office

* NOTE: This chart summarizes total industrial and commercial/retail sales through TorontoMLS regardless of pricing terms. Source: TREB

$0.00

Industrial

Commercial/Retail

Office

* NOTE: Average sale prices are reported only for those properties for which the selling price was disclosed. Source: TREB

Commercial Realty Watch, First Quarter 2017

This result was down on a year-over-year basis compared to 6,421,452 combined square feet of leased space reported in the first quarter of 2016. The majority of space leased was accounted for by the industrial segment of the market, within which agreements were reached for almost 3.9 million square feet, or 70 per cent of total space leased. Leased office space, at almost 942,000 square feet, followed by commercial/retail, at approximately 717,000 square feet, accounted for the balance of leasing activity. The average industrial lease rate, for properties leased on a per square foot net basis with pricing disclosed was $6.39 – up from $5.20 in the first quarter of 2016. In Q1 2017, no large spaces (i.e. greater than 50,000 square feet) were reported leased through TREB’s MLS System. Larger spaces generally lease for less per square foot, all else being equal. Therefore, the absence of large industrial leases in Q1 2017 accounts for much of the higher average lease rate.

“The first quarter of the year is generally a slower period for leasing activity and as such the mix of properties is not as diverse. As a result, it is possible to see some volatility in lease rates due to the changing composition of transactions from one year to the next. Looking forward, the outlook for the GTA economy is quite positive, which should see demand for commercial real estate remain strong in 2017,” said Mr. Cerqua. The combined number of industrial, commercial/retail and office sales amounted to 234 in Q1 2017 – down from 326 in Q1 2016. The average selling price for transactions where pricing was disclosed was up for all three major market segments. Much of these price increases, however, was due to changes in the type, size and geography of transactions on a year-over-year basis.

Financing options for borrowers when obtaining financing from traditional financial institutions is not an option. Mortgages terms are flexible and can be customized to your individual needs. SPECIALIZING IN MORTGAGES OVER $2 MILLION RATES RANGING FROM 4% - 6% FOR MOST DEALS

Commercial Mortgages

Greater Toronto Area

• For Income producing properties (multi-family residential, office, retail, industrial) • Up to to 75% Loan-To-Value • Flexible terms of 1-5 years Land Financing/Acquisition • Funds available for purchase or re-financing vacant land • Ranging from 50%-80% Loan-To-Value • Flexible terms of 6 months to 2 years Construction Mortgages • Financing for site plan approved residential and commercial land • Flexible requirements for pre-sales • Up to 90% Loan-To-Cost • Up to 85% Loan-To-Value • Up to 3 years terms with extensions available 11297590_1517

Lic.#10238

1-877-777-7308 info@themortgageleaders.ca Please say you saw it in The Commercial Investor

Volume 17 Issue 04

Commercial Real Estate & Business Opportunities

SAVE $$$ HONESTY & INTEGRITY above all else... BUYING/SELLING!

416 502-9944 Re c o m m e n d e d R e a l E s t a t e T e a m AUTOMOTIVE RELATED

One Of It’s Kind Luxurious All-In-One Day Spa In The Heart Of The City. Beautiful Waterfront Location Close To City Hall With High Traffic & Lots Of Tourists Attractions. $250,000. ID#CI414 *Based on 2016 Sales Volume

for Truck Parking a Looking Yard.

for a Place of a Looking worship in the Peel Region. Looking for Retail Plaza and

TRANSPORTATION BUSINESS

1st Property Off Two Major Hwy 403/410 Own Prime Mississauga Real Estate. Custom Build Your Dream Project with Potential Upto 15,000- 20,000 Sqft $2,300,000. ID#CI900

Very Well-Established Transport Business For Sale!! Seven Trucks And Trailers,All Contacts. All Vehicles in Mint Condition & Everything Is Paid Off!!! $700,000. ID#CI9

RESTAURANT RELATED

Sale of Wholesale Gift Store

Excellent Location In The Heart Of Mississauga Well Established & Fully Equipped Restaurant Business For Sale. Low Rent With Option To Renew! $110,000. ID#CI200

We Have Buyers!

a Hotels in GTA.

Looking for up to 100 Acres

Land for Residential a of Development.

Looking for Commercial

for Catering, Takeout & a Unit Restaurant Business. Up to 2000 sqft.

for Gas Stations a Looking within the GTA, Franchise

Preferred. Owner Retiring after 15 years MESSAGE OF THE WEEK! of successful operations. “Average Over 5 Billion Square Approx 5000sqft of retail Footage Of Industrial Space space with good income. All Leased In Q4 2016. Invest In inventory, cash register and Commercial Real Estate For shelving included. Seller will Stable Returns In This Volatile train.$600,000. ID#CI325 Market.”

* Salespersons: Jenny Zhou; Sarah Winter; AJ Lamba (Broker); Ankit Malhotra; Ali Sibai

businessbarometer

Confidence remains steady

Index showing signs of consistent, gradual improvement overall

anada’s small business optimism remained steady in March, holding on to the gains it had posted a month earlier, according to Business Barometer, a monthly index put out by the Canadian Federation of Independent Business (CFIB). The index remains at 62.9 points – the same as in February and 2.7 points above January’s reading.

“Although its trend is on the upswing, confidence still has a way to go before reaching historical norms,”said Ted Mallett, Chief Economist at CFIB.“Ideally, we’d like to see a reading get up to between 65 and 70 points, levels we haven’t seen since 2014. Still, overall trends across most of the country indicate a consistent but gradual move in the right direction.” The national index has been supported by steadily improving perspectives in Alberta (55.5) as well as modest gains to indexes in Ontario (65.6), British Columbia (64.9) and Nova Scotia (65.9). Small business optimism in Quebec, Manitoba and New Brunswick is in similar territory (65.7, 64.5 and 63.8 respectively) but saw slight declines from their February levels. After three-consecutive monthly increases, Saskatchewan’s index dropped slightly to 56.3, while bigger declines were seen in Prince Edward Island (58.6) and Newfoundland and Labrador (42.2). The industry picture shows broad consistency across sectors, with a couple of exceptions. A sudden drop in sentiment in the

construction sector has been offset by a big gain in manufacturing and agriculture. Views from business owners in other sectors show little change from previous survey and the index levels, for the most part, are clustered near the overall industry average. Other business operations indicators are suggesting a gradually improving economic picture. Hiring plans are recovering to nearnormal levels for this time of year, with 21 per cent of business owners expecting to hire full-time staff in the next few months, versus 11 per cent expecting to cut back. “Hiring intentions are beginning to catch up to the improving prospects in the economy overall,”concluded Mallett, adding “Small upticks were also noted this month in pricing plans, wages, order books and capital investment, all of which indicate that small business owners feel their firms are in better shape going forward.” On a scale between 0 and 100, an index above 50 means owners expecting their business’ performance to be stronger in the next year outnumber those expecting weaker performance. One normally sees an index level of between 65 and 70 when the economy is growing at its potential. March 2017 findings are based on 730 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Data reflect responses received through March 20. Findings are statistically accurate to +/- 3.6 per cent 19 times in 20. CFIB is Canada’s largest association of small and medium-sized businesses with 109,000 members across every sector and region. Visit cfib.ca.

Please say you saw it in The Commercial Investor

Greater Toronto Area

***Lifetime Opportunty*** Profitable Trucking Business, With Automotive Garage & Loyal Customer Base for Sale, With Rare 1.25 Acre Land! $1,880,000. ID#CI4987 MEDICAL/ WORSHIP/ RETAIL / INDUSTRIAL

SPA

24 HRS

11294169_1517

Turn Key Truck and Auto Body Shop

Industrial Free standing building with profitable Truck and Auto Body shop with same owner for past 16 years. Located in the Hub of Transportation Corridor $3,899,999. ID#CI1102

Take Advantage of our Most Diverse Team

Volume 17 Issue 04

Commercial Real Estate & Business Opportunities

Gurdeep Sandhu

8629802_1517

6850 Millcreek Drive Mississauga, ON L5N 4J9 Realty Specialists Inc. Brokerage An Independent Member Brokerage

Office: 905-858-3434 Direct: 647-262-9091

OFFICE SPACE FOR LEASE - MISSISSAUGA

gssandhu@rogers.com gurdeepsandhu.com

CONVENIENCE STORE FOR SALE - MARKHAM

ASKING $14.50 NET RENT

ASKING $89,000

Nice and bright office spaces of different sizes from 550 sq ft to 3000+ sq. ft. available with great access to QEW and Hwy 403. Close to Centre of Mississauga. Busy building with lots of traffic and mix of private offices. Restaurant/Coffee shops on site. A well managed property. 1517_DJW_4_0021

Variety store with grocery, priced to sell at a high demand area. Store with Lotto 649 + Western Union and UPS sale. ATM machine, Newspaper stand, Asian Grocery, fax and photo copier. High volume of lotto sales, 2016 Commision Avg more than $40,000. Daily store sales approx $1000.00 + UPS & ATM revenue. Rent $2900 includes TMI. Busy area, surrounded by thousands of homes, 1517_DJW_4_0022 businesses and schools. Very bright and spacious store with lots of opportunities to add on.

CONVENIENCE STORE SALE OF BUSINESS BRAMPTON MALL

ESSO GAS STATION FOR SALE WITH PROPERTY

Greater Toronto Area

Opportunity rarely knocks, don't miss it! Well established convenience store in a very busy Shoppers Worlds Mall. Same owner running from last 10 years now retiring, as per sellers sale appro. $14,000 per week, Lotto Commission $4,000 pm, Atm, very low rent $3650 including Tmi, recently renovated/upgraded by the franchise guidelines, long term lease 5+5 years, make money & enjoy the life also working in limited hours of mall.

ASKING $349,000

1517_DJW_0020

HUSKY GAS STATION OAKVILLE (BUSINESS ONLY)

ASKING $749,000 2 years old Husky Gas Station with convenience store & Country Style, 8 pumps station. Option to build/develop on vacant portion for car wash or oil change of lease/sub lease. Business only for sale. 1517_DJW_4_0024

ASKING $589,000 Turn key Esso Gas Station with Lotto 649, convenience store and 3 bedroom house. Fibre glass tanks. Inside city and community area. Price includes Gas Station business, property and adjoining vacant land with multiple permissible uses for any other addition of new business. Small V.T.B. available for qualified 1517_DJW_2_0023 clients. Be your own boss. Run business. Live or rent house for extra income.

ESSO GAS STATION FOR SALE WITH RENTAL INCOME

LD SO IONAL DIT N O

ASKING $1,450,000

Recently upgraded Esso Gas Station with convenience store with additional rental income. Corner property approx. 0.71 acre land three bedroom house. Restaurant and partial house rented. Fibre glass tank. Newer pumps with card reader. Good both gas and diesel sale being on Hwy. Excellent property. Very well maintained. Lotto 649/propane gas/ 1517_DJW_1_0025 water dispenser machine/Country Style coffee & donuts/ATM machine and much more.

INDUSTRIAL BUILDING WITH 4.8 ACRE LAND - HALTON HILLS

ASKING $2,450,000 CFIA licensed & HACCP approved meat plant. Carcass rails in place. Taxes to be verified. Vendor financing available, tenant will pay $5000 per month net, vacant possession available 60-90 days. Tenants paying all utilities, all bills, property taxes.

1517_DJW_1_0026

Please say you saw it in The Commercial Investor

New

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

CENTRAL ONTARIO

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

For advertising

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

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

NewSectionPages_FullColor2015.indd 9

2015-03-19 3:47 PM

investoradvice

Keep your eyes on the prize

efore you buy any investment condo, you should figure out what your goals are. Are you looking to make a short- or longterm investment? What kind of return are you looking to achieve? Are you more interested in income or capital gain – or both?

1 MULTI-PHASE PROJECTS So, you’ve decided to buy an investment condo. Congratulations! As a first-time investor, there are five questions you need to ask yourself before buying a new condo: 1 | WHAT ARE YOUR GOALS? Before you buy any investment condo, you should figure out what your goals are. Are you looking to make a short- or

long-term investment? What kind of return are you looking to achieve? Are you more interested in income or capital gain – or both? Deciding what your goals are up front will better help you achieve them in the long run. 2 | WHAT CAN YOU AFFORD? Talk to your mortgage broker or lender and get a mortgage pre-approval before you start your search. This will help you figure out what you can afford, and will help you start to narrow your search. Also, make sure you are prepared for the developer’s requirements with respect to financing. Most new condos will require a 15 to 20 per cent deposit up front, as well as a mortgage approval letter showing you can afford the unit you are purchasing.

Commercial Real Estate & Business Opportunities

Sales Representative bill-byers@coldwellbanker.ca

TEMISKAMING REALTY LTD.,

PIZZA & FAMILY RESTAURANT All set up & ready to go! Well established downtown Haileybury. Walk in cooler, patio, full kitchen, basement. Asking only $89,900. MLS TM162924

1517_DJW_5_0033

6 PLEX Large building with 2 balconies, basement, paved parking lot. Lots of work done here over the past few years. Full rented. Gas heat convenient downtown Haileybury location close to bus stops, College, library, beach, more. Asking $249,900. MLS TM162979

1517_DJW_2_0040

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 $239,900. MLS TM152104

1517_DJW_3_0022

E IC R P W E

1517_DJW_1_0039

HORSE FARM Indoor Riding Arena with heated viewing area. 25 stalls attached. 4 bedroom apartment, all on 78 acres. Unorganized Otto Township with no zoning or building permits required. Low property taxes. Asking $259,900. MLS TMI170103

1517_DJW_6_0006

BUSINESS OR INVESTMENT Many options here. Fully rented office, shop, yard & apartment, give you a great return on investment or live here and run your own business. Hwy Commercial Zoning and on .8 of an acre on busy Haileybury Street. Opportunities are endless. Low rate financing available. Asking $219,900. MLS TM170176

New Liskeard, Northern Ontario

1517_DJW_3_0021

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

BROKERAGE

8313781_1517

Bill Byers

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

3 | WHAT IS YOUR EXIT STRATEGY?

5 | WHEN SHOULD YOU BUY?

This is a very important question many first time investors fail to answer before buying a new condo. Will you buy, hold and rent for the long term before selling? Will you buy preconstruction and then flip (assign) your unit prior to the final closing? Will you buy pre-construction, close on the unit, rent it out for one or two years, and then sell it? Will you buy, wait for completion, and then refinance and re-invest the proceeds?

Understanding the typical marketing cycle that a new condo goes through from pre-construction to completion will help you identify the right time to buy.

Take time to assess the risks and rewards associated with the different exit strategies and start with the end in mind. 4 | WHAT SHOULD YOU BUY?

When buying for investment, it is generally best to buy at the earliest possible stage when a new building launches. This is when prices are the lowest, and availability of investor-grade suites is highest. But there are other great opportunities to buy, including right before the developer meets the sales target to secure construction financing, or during the occupancy stage. In both of these instances developers tend to be highly motivated to sell and this is when they often introduce great buyer-incentives or cash discounts.

Buying a new condo for investment purposes is different than buying for yourself. Some units make better investments than others. Questions to consider include: Which locations are likely to experience the most growth in the next few years? What type of unit is the most attractive to renters? Which type of unit tends to appreciate faster than others?

Please say you saw it in The Commercial Investor

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

Central Ontario

Volume 17 Issue 04

EASTERN ONTARIO

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

EASTERN ONTARIO SECTION

COVERING: Lindsay Peterborough Port Hope Bowmanville

Cobourg Trenton Belleville Kingston Northeastern Ontario

For advertising

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

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

NewSectionPages_FullColor2015.indd 12

2015-03-19 3:47 PM

3:47 PM

Volume 17 Issue 04

Commercial Real Estate & Business Opportunities

Jack Huitema

220 Broad Street East, Dunnville, ON N1A 1G2

Broker of Record

Each Office Is Independently Owned & Operated

905-774-7624

ST. ANNS - 50 ACRE POULTRY OPERATION 2 barn operation with 60,000 sq. ft. of slatted floor with nesting and egg collection to 2 packers and egg grading. Large new cooler room and water reservoir + water treatment room. Auto generator back up. 4 bdrm main brick house + 2 bdrm help house. 1517_DJW_2_0037

1517_DJW_2_0038

DUNNVILLE - OPPORTUNITY TO BUY A PRODUCTIVE - 130 ACRE FARM With loam soil, random tiled systematically with outlet to the Tweed Drain. 3 megawatt turbine with 20 yr. contract, installed in 2016. Ready to start generating. Small barn on property with hydro. Operating gas well. Lease back opportunity. Call Jack. 1517_DJW_3_0025

Eastern Ontario

www.coldwellbanker.com

11279879_1517

Oct 22 - Nov 19, 2016, Volume 16 Issue 10

Nov 19 - Dec 17, 2016, Volume 16 Issue 11

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES INCORPORA Full Coverage Area Including Windsor, Windsor Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! 197 FREDERICK ST., KITCHENER

CHESLEY - RESIDENTIAL SUBDIVISION - $840,000 RE DU CE D

D CE DU RE

30 ACRES

CHESLEY - RESIDENTIAL SUBDIVISION - $840,000

146-2 4875 41

Brokers Information Listing Service 30,000+, Haves & Wants, 75% Exclusive Results in 60 seconds on your phone

ICIWorld.com iciworld.mobi Add It To Your Home Screen Or Add The ICIWorld App

FREE SUBSCRIPTION!

,0 00

HAMILTON - BARTON VILLAGE Dec 17, 2016 - Jan 21, 2017, Volume 16 Issue 12

Brokers Information Listing Service

For Marketing Brochure Call: Winston Davies, Broker of Record WinCorp Realty Inc., Real Estate Brokerage Suite 411 – 60 Wyndham Street South, Guelph, Ontario N1E 7H7 Tel: 519-836-2080 Email: wjmdavies@rogers.com

30,000+, Haves & Wants, 75% Exclusive Results in 60 seconds on your phone

ICIWorld.com iciworld.mobi Add It To Your Home Screen Or Add The ICIWorld App

FREE SUBSCRIPTION!

Woodstock, 12,662 sq. ft. Industrial on .89 acre. M2 allows mfg/fabrication/ truck repair. Oversized drive-in doors. 7 ton crane. Asking $995,000. May consider a lease.

151-161 KING ST. N, WATERLOO, ON $6.9M

Meltem Koseleci, Sales Representative®

CHESLEY - RESIDENTIAL SUBDIVISION - $840,000

Coldwell Banker Community Professionals, Brokerage Mobile: 905-308-4635 Office: 905-522-1110 Brokers Information Listing Service

30,000+, Get The Commercial Investor delivered directly to your door! See inside for details Haves & Wants, 75% Exclusive Results in 60 seconds on your phone

RED UCE D

D UCE RED

RESIDENTIAL RE‐DEVELOPMENT SITE RESIDENTIAL IN ST THOMAS, ON. SITE RE-DEVELOPMENT ST THOMAS, ON 20,000 SF • 5.41 Acres • $1,400,000 20,000 SF • 5.41 Acres • $1,400,000 MLS# 30511105 MLS# 30511105

Former school surrounded by existing single family homes.

Former school surrounded by existing single family homes. Property has been rezoned for 30 single lots & one 4 unit townhome lot. Property subject to re‐zoning for 30 single lots & one 4 unit townhome lot Lester Tobin, Sales Representative Coldwell Banker Commercial Peter Benninger Realty, Brokerage

ICIWorld.com iciworld.mobi Add It To Your Home Screen Or Add The ICIWorld App

Woodstock: Industrial Investment Properties for sale. Call for details.

John Whittaker, Broker Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage 1155 North Service Rd. W. Suite 7, Oakville, ON Tel: 289-291-5074 Email: jwhittaker@cbci.ca

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

2 solid buildings in Barton Village, sold as one; 648 - 650 Barton Street East. Surrounded by new restaurants, cafes and shopping. Close to the new Gibson Street Lofts. Buildings have potential for two commercial units on the main floor. Fully tenanted apartments upstairs that generate income. • 0.919 acre Multi-Residential Site with potential to develop 238 Units • 254 frontage on Kingrents. St. N Live in one and receive income from commercial/residential Pos• MR-25 Zoning • Excellent location close to WLU & University of Waterloo, Uptown sibilities are endless! Residential rents: $995.00, 995.00, 695.00 Waterloo and Waterloo Park + hydro. • Exclusive Includes 1 garage rented at 250. Projected rent for main floor SepaCall$2,000. Duncan McLean, Sales Representative CMA Realty Ltd., Brokerage 519-590-7997 rate hydro meters. Electrical updated. “H” zoning. Call for more duncan@cmarealty.ca details.

30 ACRES

ASKING ONLY $840,000

FREE SUBSCRIPTION!

P: 519-743-5211 Ext: 3023

FC_5116 (COM)

519-590-7997

duncan@cmarealty.ca

neil@cmarealty.ca

FC_4316 (COM)

CMA Realty Ltd., Brokerage

519-578-0337

146-2 4875 41

Call Duncan McLean, Sales Representative

CMA Realty Ltd., Brokerage

146-2 4875 41

30 ACRES

• 151-161 King St. N (0.919 ac), 175 Weber St. N & 104 Marshall • Existing income in place • King St. site zoned MR-25 potential to allow 238 units • Excellent location close to universities & Uptown Waterloo • Property being sold on an “AS IS WHERE IS” basis • MLS

RE • Freestanding restaurant currently occupied by Tim Hortons DU • CR-2 Zoning CE allows for restaurants, office, health clinic, financial, etc. • Excellent downtown Kitchener location with ample parking D • On public transit route, three blocks from future light rail transit stop and within minutes of GO Transit, VIA Rail and Greyhound bus line • $30/sf triple net lease • MLS Call Neil Koebel, Broker of Record

D CE DU RE

PORTFOLIO SALE - WATERLOO, ON ER W LE PO F SA O

Advertising Sales Contacts

905.570.9283 1.800.268.0077

$30/SF

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

FC_4716 (COM)

Franchise & Business Opportunities

Lester Tobin, Sales Representa�ve E-mail: ltobin@coldwellbanker.com Coldwell Banker Commercial Peter Benninger Realty, Brokerage

Get The Commercial Investor delivered directly to your door! See inside for details P: 519‐743‐5211 Ext: 3023

E‐mail: Lester‐Tobin@coldwellbankerpbr.com

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

FOR ADVERTISING CALL DOREEN WILLS 905.570.9283 • 1.800.268.0077 Doreen.Wills@ypnexthome.ca Please say you saw it in The Commercial Investor

moneysense

It can happen to anyone: 10 tips to avoid scams

1. Beware of offers that seem “too good to be true.” 2. Be vigilant when evaluating ads offered online, over the phone or in print — whether it’s for a job, product or service. For example, if you see an ad for a job where you need to use your bank account to receive and pass on payments from a foreign company, or a promise that you will receive a percentage commission for each payment you pass on, it’s probably a scam. 3. Be wary of unsolicited phone calls, emails, text messages or letters from unknown sources. 4. Don’t provide your information in response to unsolicited pop-ups. 5. When it comes to door-to-door sales, don’t be rushed. Research the company, the individuals, the product or the offer, and verify any contact and company details. You do not have to give them an answer at your door.

elieving you’re immune to becoming a target of fraud is one of the biggest money mistakes you can make. Victims come from all walks of life and fraudsters are increasingly sophisticated, creating tricky new scams online, over the phone and in person. Canadians lose millions of dollars every year from these kinds of attacks. But fortunately, there are steps you can take to avoid this. “By recognizing, rejecting and reporting scams, consumers can protect themselves and assist in the fight against fraud,” explains John Pecman, the Commissioner of Competition. “During Fraud Prevention Month and throughout the year, the Competition Bureau works with its partners to help Canadians combat fraudulent activity.” The Competition Bureau recommends keeping these tips in mind:

6. Be sure that you understand all terms and conditions of an offer of service or product before sending money or giving credit card or bank account details. Find the terms and conditions of any “free” trial offer that requires your credit card number. Often these can lead to charges that you didn’t expect. Inform yourself about renewal and cancellation requirements. If this information is difficult to find, think twice before signing up. 7. Shred unneeded documents like receipts, bank statements, old tax returns, and even junk mail containing your address, such as credit card preapprovals. All of these documents contain personal information and should be destroyed before they hit the recycling bin. 8. Know that trustworthy businesses almost never contact you or visit your home unannounced to ask for personal details, banking or financial information. They do not do so by email, phone or text message, either. 9. Testimonials can appear quite believable by using so-called satisfied customers, celebrities, or experts. Be aware that these can be fake. 10. Report suspected scams to the Competition Bureau to help keep others from falling victim. Find more information at www.competitionbureau.gc.ca/fraud. - NC

Volume 17 Issue 04

KENT LECKIE

REMAX All Stars Realty Inc., Brokerage

73 Bolton Street, Bobcaygeon, ON K0M 1A0

Sales Representative

(705) 738-2378 • (800) 461-0353

Each Office Is Independently Owned And Operated

705-308-7653

$599,000

Commercial Real Estate & Business Opportunities

BARRY Rainsforth Broker

705-738-7444

MLS® 631280211

Own an iconic, well established and profitable year round restaurant business in the busy tourist town of Bobcaygeon. Great location on Bolton street close to busy locks. Well maintained building with newer rubber roofing and newer air conditioning system. Includes BOTH building and business - Great Value. Ideal for early retired entrepreneur or seasoned restauranteur. possible buy business only with long lease - inquire. 11310621_1517

Eastern Ontario

Not intended to solicit listings already under contract

Ontario’s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate

FOR ADVERTISING CALL

DOREEN WILLS 905.570.9283 • 1.800.268.0077 Doreen.Wills@ypnexthome.ca Please say you saw it in The Commercial Investor

NIAGARA

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

NIAGARA SECTION COVERING: Niagara Falls Niagara-on-theLake St. Catharines Thorold

OFFERED AT $949,000 Contact Mike Halliday, Sales Representative mike.halliday@colliers.com

Welland Fort Erie Beamsville Fonthill Port Colborne

For advertising

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

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

NewSectionPages_FullColor2015.indd 14

2015-03-19 3:48 PM

3:48 PM

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

1517_DJW_1_0059

340A LAKESHORE RD. ST. CATHARINES

WAREHOUSE/HEAVY INDUSTRIAL/ MANUFACTURING W/SEAWAY ACCESS

LAND FOR SALE

Situated in the northeastern sector of St. Catharines at Lakeshore Road (Welland Canal) Lock 1. Property contains 3 separate shop bays: +/-31,311 sq ft high bay with two 10T cranes, 46' ceiling hgt. & 1 large roll up door; Low bay shop containing +/-24,307 sq ft 8T magna crane, 2 drive in doors with 28'5 ceiling hgt.; 3rd high bay shop containing +-40,230 sq ft 2 80T cranes, 2 drive in doors, 68' ceiling hgt. & new heavy loading concrete floors. Driveway access from Seaway Haulage Rd. OFFERED AT $5,950,000. Contact: Ralph Roselli, Sales Representative ralph.roselli@colliers.com

165 HARTZEL RD., ST. CATHARINES

120-140 EAST MAIN ST., WELLAND

+/-3 acres, zoned Tourist/Commercial between Niagara Square Mall, YMCA Community & Seniors Centre, Public Library and the Peninsula Inn hotel. Access off Montrose adjacent to the shopping mall (no access from McLeod). OFFERED AT $2,250,000 Contact Mike Halliday, Sales Representative mike.halliday@colliers.com

Excellent investment opportunity: 0.79 acres and 5119 sq. ft. building for sale on high traffic commercial corridor, Hartzel Rd. Business not for sale. Building is a fully occupied stand alone pad with paved parking out front, along side and in back. Site is close to the Pen Centre and surrounded by residential off of Hartzel Rd. OFFERED AT $995,000 Contact: Greg Chew, Sales Representative greg.chew@colliers.com

69 PELHAM RD.

12190 LAKESHORE RD. WAINFLEET

1517_DJW_5_0006

333 ONTARIO ST, UNIT B3 ST. CATHARINES

Established business "TASTE OF ASIA" FOR SALE. Turnkey business with 24 seat capacity. The owner is retiring and would like to sell. An established business with potential. OFFERED AT $109,000 Contact Bryan Saelens, Sales Representative bryan.saelens@colliers.com

BROKERAGE APPRAISALS MANAGEMENT

Downtown Welland retail plaza for Sale - The Welland Mews. High traffic location. Close to City Hall, the Welland Public Library, the Welland Canal, shops, restaurants and many amenities. Excellent tenant mix with TD Bank as anchor tenant. Two storey building with retail on main floor. TMI: $6.31 per sq. ft. Ideal for doctor or professional offices OFFERED AT $2,395,000 Contact: Greg Chew, Sales Representative greg.chew@colliers.com

Former Gales Gas Bar, approx. +/- 2,220 sq. ft. building with 4 bay garage, grade level doors. Presently used as an auto clinic. Possession date TBD as premises tenanted. Restrictive covenant on property; no petroleum or convenience operations to take place on this property in perpetuity. OFFERED AT $399,999 Contact Bryan Saelens, Sales Representative bryan.saelens@colliers.com

+/-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

Accelerating success. Global leadership in real estate solutions.

â€œInformation 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.â€?

Please say you saw it in The Commercial Investor

11306014_1517

Niagara Peninsula

Just over 60 acres of vacant Industrial land available. Located on the south side of Hurricane Rd., just east of Allanport Rd. Hydro 1 right of way affects property. Subject to easements in favour of Inter-Provincial Pipeline Company and TransCanada Pipelines Limited. Zoned heavy industrial. OFFERED AT $490,000 Contact: Ralph Roselli, Sales Representative ralph.roselli@colliers.com

1517_DJW_2_0024

1517_DJW_0012

1517_DJW_0013

1219 HURRICANE ROAD, THOROLD

1517_DJW_0014

Great location for your business situated on a very desirable high traffic area in a plaza on Ontario Street in St. Catharines. Plaza is easily accessible to QEW and is on local bus route with many amenities nearby. Lots of free parking. Retail/office space for lease, +/- 1864 sf open concept unit, +/- 4806 sf unit can be combined with adjacent unit 10A for a total of +/- 7,609 sf or +/2,803 square feet Retail/Office unit available. Turnkey Chinese Restaurant available October 31, 2017. Current owner retiring. LEASE PRICE FROM $8.00/$12.00/$17.50/sq. ft. NET $8.51 TMI Contact David Fulton, Sales Representative dave.fulton@colliers.com Taylor Wilson, Broker of Record taylor.wilson@colliers.com

7687 MCLEOD RD. NIAGARA FALLS

1517_DJW_3_0043

1517_DJW_3_0004

350 ONTARIO ST, ST. CATHARINES

1517_DJW_2_0003

Volume 17 Issue 04

marketminded

Colliers: Toronto Transit Report

olliers International,

Introduction in conjunction with

RealTrack Inc, have released their Greater Toronto Area Land Report for the winter of 2016. It looks at the major areas of development in the GTA and the notable changes in the market. With numerous levels of government focused on expanding the Greater Toronto Area’s (GTA) rapid public transit infrastructure, the region has a great opportunity to further advance its position as one of North America’s most competitive office markets. Daily average commutes within the GTA are continuing to rise and are now at 65.6 minutes, as the current transit infrastructure is over capacity1. The region’s highway infrastructure is especially burdened and has little to no room for expansion, placing greater importance on using and expanding rapid public transit (subway, Go Train and light rail). Although driving remains the region’s most-used commuting option, more Torontonians are choosing to use rapid public transit to get to work than ever before with an average of more than one million customer-subway-trips each weekday2. In turn, many businesses are explicitly demanding space within some of the few Greater Toronto office employment districts where rapid public transit is

accessible within walking distance. For this report, we define within walking distance as being located within a radius of 400 meters or less from a rapid transit station (see methodology). Based on this growing shift in demand, what are the relationships within the GTA between commercial real estate and rapid public transit? Our research confirms there is an increased demand and willingness to pay a premium for office space within walking distance of rapid public transit. With the two rapid public transit lines currently under construction and five proposed projects, the GTA’s future commercial real estate leasing and investment landscape will change considerably. This report provides an overview of some of the broad - overlying results from Colliers International’s extensive analysis of office leasing and transportation within the GTA.

GTA North

GTA East

Central North

With numerous levels of government Central East focused on> expanding the Greater KEY INSIGHTS Midtown GTA West • The share of GTA office (GTA) space that is currently within walking distance oftransit rapid public Toronto Area’s rapid public transit is only 45% of total space. Pearson infrastructure, the region has a great • 60% of all GTA office space that is within walking distance of rapid public transit is in Class International AAA or Class A buildings. Airport opportunity to further advance • The GTA markets (Downtown, Midtown and Central North), with more than 60% of their Downtown office space within walking distance to public transit, are performing well as these markets have higher average rates and average vacancy rates than the rest of the GTA. its position asrental one oflowerNorth America’s Union Station Hub markets are seeing higher asking rental rates, lower vacancy rates, fast pre-leasing most• These competitive Billy and a willingness to pay higher offi rents by ce tenantsmarkets. for office space that’s Daily close to public Bishop transit. Airport average commutes within the GTA • Throughout the GTA, more than 2.5 million SF of office space is under construction that’s within walking distance of a rapid public transit station. are continuing to rise and are now at • Recently throughout the GTA many office buildings that are within walking distance to rapid transit have continually experienced steady positive absorption. For example, Q2, 65.6 minutes, as the current transit 2015 absorption numbers: walking distance space (+117,870), non-walking distance space (-60,937). infrastructure is over capacity1. The 0 10 Kilometers region’s highway infrastructure is especially burdened and has little to no room for expansion, placing greater with just five per cent for both the walking distance of rapid public transit. importance on using and expanding Central East and GTA West markets. With the two rapid public transit lines rapid public transit (subway, Go currently under construction and five CLASS A PERFORMANCE Train and light rail). Although driving proposed projects, the GTA’s Percentage of office space (by individual remains the region’s most-used future commercial real estate leasing building class) within walking distance commuting option, more Torontonians and investment landscape will of a rapid transit stop by market are choosing to use rapid public transit change considerably. This report • In every market, Class A buildings have to get to work than ever before with provides an overview of some of the the highest share of all buildings in the an average of more than one million broad - overlying results from Colliers same class within walking distance to customer-subway-trips each weekday2. International’s extensive analysis of In turn, many businesses are explicitly a transit station. This is the result of a office leasing and transportation within demanding space within some of continual clustering of Class A space the GTA. the few Greater Toronto office 400m to transit. ACCESS EXTENDS BEYOND THE employment districts where rapid public • This clustering of high-quality buildings CORE transit is accessible within walking that are close to rapid public transit will Percentage of office space within distance. For this report, we de ne within continue, with more than 2.5 million SF walking distance of a rapid transit stop walking distance as being located within of Class A class office space currently by market a radius of 400 meters or less from a under construction that is within • The Midtown market has the highest rapid transit station (see methodology). walking distance to a station. percentage of office space that’s within Based on this growing shift in demand, WALKABILITY ENHANCES walking distance of a rapid public transit what are the relationships within the DEMAND station at 87 per cent compared with 76 GTA between commercial real estate Comparative vacancy and rental rates per cent for the Downtown market and and rapid public transit? for office space that is within walking 64 per cent for the Central North. distance of a rapid transit stop and space • The GTA North market has no office Our research confirms there is an that is not within walking distance by space that’s within walking distance of increased demand and willingness to market a rapid public transit station compared pay a premium for office space within GTA Major Highways

Current TTC Subway

Current GO Rail Transit

Smart Track (Proposed) Eglinton Crosstown (Under Construction)

Sheppard East LRT (Proposed) Finch West LRT (Proposed)

Hurontario - Main LRT (Proposed) Toronto-York Spadina Subway Extension (Under Construction) Scarborough Subway Extension (Proposed)

SPARK | TORONTO RAPID TRANSIT

collierscanada.com/research

In most markets in which rapid public transit is available, office space that is within walking distance to transit has a very low average vacancy rate and higher average rents, across all building classes. In the GTA, the average rent for buildings that are within walking distance is about $7.00 more per SF than buildings that are not walking distance. CLASS A PERFORMANCE

Percentage of office space (by individual building class) within walking distance of a rapid transit stop by market • In every market, Class A buildings have the highest share of all buildings in the same class within walking distance to a transit station. This is the result of a continual clustering of Class A space 400m to transit. • This clustering of high-quality buildings that are close to rapid public transit will continue, with more than 2.5 million SF of Class A class office space currently under construction that is within walking distance to a station. ACCESS TO TRANSIT SUPPORTS HIGHER DENSITIES

Comparative average building size for office space that is within walking distance of a rapid transit stop and space that is not within walking distance by market • The average square feet per building, for buildings that are within walking distance of a transit station is much higher than those that are not within walking distance (163,691 SF vs. 73,797 SF in the GTA). AREAS OF OPPORTUNITY

• Two future areas of opportunity that currently are not connected to rapid public transit and are experiencing higher vacancy rates are in the GTA West and Central East. AIRPORT CORPORATE CENTRE

• Within the GTA West, primarily the Airport Corporate Centre (ACC), which is already one of the GTA’s largest office submarkets (about 6 million SF of office space), could see a large transformation with the completion of SmartTrack (current

KEY INSIGHTS > • The share of GTA office space that is currently within walking distance of rapid public transit is only 45 per cent of total space. • 60 per cent of all GTA office space that is within walking distance of rapid public transit is in Class AAA or Class A buildings. • The GTA markets (Downtown, Midtown and Central North), with more than 60 per cent of their office space within walking distance to public transit, are performing well as these markets have higher average rental rates and lower average vacancy rates than the rest of the GTA. • These markets are seeing higher asking rental rates, lower vacancy rates, fast pre-leasing and a willingness to pay higher rents by tenants for office space that’s close to public transit. • Throughout the GTA, more than 2.5 million SF of office space is under construction that’s within walking distance of a rapid public transit station. • Recently throughout the GTA many office buildings that are within walking distance to rapid transit have continually experienced steady positive absorption. For example, Q2, 2015 absorption numbers: walking distance space (+117,870), non-walking distance space (-60,937).

public transit travel time from Airport Corporate Centre to Downtown: 65 minutes; with SmartTrack: 24 minutes). • Only one existing building in the Airport Corporate Centre would be within walking distance of the proposed stop. An opportunity would be to connect the current office stock and develop new, higher- density, transit-available space in the Airport Corporate Centre that’s near to the proposed station. The availability of rapid public transit and a better downtown connection could help this area better compete in attracting tenants. DON MILLS / EGLINTON

• Within the Central East, particularly Don Mills/ Eglinton, should become

more competitive GTA North Central North Midtown AreaofOpportunity Airport Corporate Centre Billy Bishop Airport GTA Major Highways Current TTC Subway Current GO Rail Transit Smart Track (Proposed) Eglinton Crosstown (Under Construction) in regards to office leasing once the Eglinton LRT is complete. The office buildings within this area are currently spread out, low-density and primarily Class B. These buildings could be redeveloped to increase density within walking distance of the eventual stops. A signal

Volume 17 Issue 04

Commercial Real Estate & Business Opportunities

905-935-6838

gamhowe@sympatico.ca

Niagara Region 905-358-9800 | 1-877-357-7346 1089 NORTH SERVICE RD: STONEY CREEK LAKE FRONT

1517_DJW_2_0016

1517_DJW_3_0017

"STARDUST MOTEL"; NIAGARA FALLS 5528 BUCHANAN AVE $1.4M

1517_DJW_2_0002

8627 LUNDY'S LANE, NIAGARA FALLS A-1 STAR INN $1.4M

11246794_1517

Greg Howe Sales Representative

Situated on 1.06 acre lot with 150 ft lake frontage. 4000 sq. ft. bungalow with 3 independent units. Current zoning allows for 3 residential lots or 2 very wide Estate Lots.

27 rooms newly remodelled (over $700,000 in upgrades), $180,000 in gross yearly revenue, low taxes, huge property with room to develop, only 30% down payment to qualified buyer.

Up to $500,000 VTB available, newer 24 rooms house and In-law Apartment. One of the nicest Motels in all of Niagara Falls, located in quiet area walking distance to all attractions, consists of 5 family suites, 4 jacuzzi suites (with gas fireplace), 10 doubles, 5 singles.

236 BURGAR ST. $699,000 WELLAND: ZONED LIGHT INDUSTRIAL

19 MANCHESTER AVE. ST. CATHARINES 20 UNITS: $2,650,000

76 GENEVA ST.; ST. CATHARINES THE SKY'S THE LIMIT $699,000 1517_DJW_1_0618

FOR BUYERS ONLY

1517_DJW_1_0631

FOR BUYERS ONLY

1517_DJW_2_0630

FOR BUYERS ONLY

22,000 sq. ft. warehouse on 1.68 acres located in a residential area, 3 loading deck doors and 3 drive up doors, 20 ft., ceilings, easily sub-divided building, lots of potential and much much more.

Solid brick apartment building, rents are much lower than could be. Located next to all amenities and easy access to the QEW. Lots of parking.

Over 6,000 sq. ft. of Commercial/office/residential mix use in downtown area. Owner uses most of the building for personal use. Ideal for student residence upstairs and lower area. A real money maker.

FOR BUYERS ONLY

229 NIAGARA BLVD., FORT ERIE, $199,000 BUILDING LOT OWNER FINANCING Prime Development lot with unconstructed view of Niagara River and Buffalo. Huge 138 x 119 lot zoned commercial but ideal for semi or townhouse projects. Many possibilities, owner will hold mortgage for qualified buyer. FOR BUYERS ONLY

FOR BUYERS ONLY

48-60 GLENDALE AVE: NIAGARA-ON-THE-LAKE/ST. CATHARINES 1.7 acre commercial development site. Many possibilities, located across the street from General Motors, just down the road from the shopping mall across from White Oakes Tennis club in N-O-T-L. There is a diner in operation there now. The owner will hold the mortgage for a qualified buyer. FOR BUYERS ONLY

NEEDED: Apartments, Commercial, and Investment properties that show a good return outside the Niagara area, have over 10 cash buyers waiting.

Niagara Peninsula

of change might already be apparent as the large Celestica site at the corner of Don Mills and Eglinton was sold to numerous developers that aim to create an office, retail and residential mixeduse community on the site.3 Percentage of total buildings and office space (SF) that is currently within walking distance of every possible future transit stop by market • Only 18 per cent of all GTA office space is currently within walking distance of the proposed or under construction transit stations. • Right now, there is a modest amount of office space within 400 metres of proposed and under construction transit projects. That’s because numerous offices in markets without high order transit were built closer to highway interchanges, relying on cars for transportation. However, as the availability of rapid transit increases throughout the GTA, these new lines might encourage more developments to be located close to public transit stations.

Office space that’s accessible to rapid public transit is performing well partially because supply is being out-paced by demand. This is the result of numerous designated employment districts within the GTA having no access to rapid public transit. With two under construction and ve proposed rapid transit projects throughout the GTA, competition in attracting companies amongst di erent office markets should increase, as the supply of rapid transit will become available in markets currently without access. While increasing regional competition, the expansions should also further strengthen the Downtown core’s accessibility, as more communities will be better connected to Toronto’s largest office market. As for the individual expansions, we found that SmartTrack, then the Eglinton Crosstown LRT and then the Hurontario- Main LRT could have the greatest immediate in uence on the current stock of office space in the GTA. Overall, office leasing tenants and commercial real estate purchasers

Please say you saw it in The Commercial Investor

are continually increasing their demand for properties that are close to a rapid public transit station. The location of the proposed and under construction transit stops could greatly change the GTA’s office landscape. For the full report, including additional graphs and data, please visit colliers.com. 1. University of Waterloo, Canadian Index of WellBeing (2014). 2. Toronto Transit Commission, Subway Ridership (2013). 3. Real Estate Management Industry News, Celestica to Sell Toronto Property to Developers (2015).

Commercial Real Estate & Business Opportunities

8494906_1517

LEASING OPPORTUNITY

NEW RETAIL AND OFFICE SPACE 0717_DJW_1_8003

BUSY INTERSECTION Vine and Carlton St. St. Catharines.

Niagara Peninsula

Condo registered 9 units residential building. Some units completely renovated, others partially. 5 two bedrooms and 4 one bedroom. Excellent income. Steady long term tenants. Some rents below market value. Parking for 12 vehicles. Bus stop at front door. Central location. Headache free management. Sell one unit or all or keep for future price appreciation. St. Catharines is one of the fastest price appreciating areas in the Golden Horseshoe. Assumable good long term mortgage. Serious inquiries only. 0717_DJW_1_0037

1-888-984-8716 Brokers Protected

Sedimar Developments Ltd. Please say you saw it in The Commercial Investor

11307613_1517

Volume 17 Issue 04

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

NewSectionPages_FullColor2015.indd 15

2015-03-19 3:48 PM

3:48 PM

Volume 17 Issue 04

Commercial Real Estate & Business Opportunities

Your Real Estate & Mortgage Investment Specialists 1.888.330.3866

info@profunds.ca

www.profunds.ca

Syndicated Mortgages, The New Craze! Syndicated mortgages have become a very popular topic to many in the mortgage industry recently. So many companies are introducing these investment offerings to investors. Being in the mortgage business for over 17 years now and specifically catering to the private lending side of the business, I can attest that this is not a new investment vehicle.

9649286_1517

Copyright ÂŠ 2016 Pro Funds Mortgages | 3410 South Service Road Suite G5 Burlington, Ontario L7N 3T2 Please say you saw it in The Commercial Investor

Business Investor

As mentioned, syndicates and private lending have been around for decades, however the majority of people are not well versed on this type of investment vehicle. Make sure that when you decide to work with a company that offers these types of investments, that you are not receiving below market rates on a mortgage investment. Some companies in the industry are raising millions of dollars for one mortgage investment and in order to raise these types of funds, they are implementing a channel of referral agents who are paid substantially. The problem with incentivizing referral agents with large returns occurs when it reduces the return the company is able to offer the investor, thus falling below the market rate. Another thing to be mindful of, are lender bonuses that are contingent on the success of a project. Many companies that are selling syndicated mortgages are offering annual interest returns (for example 8%), plus a lender bonus at the end of the term (for example 4%). Majority of the time these rates are marketed as a combined return (in this example 12% annually).

Commercial Real Estate & Business Opportunities

Volume 17 Issue 04

Your Real Estate & Mortgage Investment Specialists 1.888.330.3866

info@profunds.ca

www.profunds.ca

Firstly, what is a syndicated mortgage? A syndicated mortgage is when two or more people invest their funds into a mortgage for one borrower or entity. The multiple parties invest their funds together to raise the total mortgage amount and all rank in the same position. Each investor will be registered on title of the property and will hold a proportionate interest of the total mortgage equal to the amount of their investment. Syndicated mortgages are an excellent way to diversify your portfolio. They allow for individuals to invest directly into larger scale opportunities with greater returns that they otherwise would not be capable of funding alone. Because of this, investors can invest in multiple projects instead of allocating all of their available funds into one mortgage. In mortgage lending/investing, your funds are also secured on a tangible asset. This means that in a potential case of default, there is a recourse strategy and a way to realize on your investment by selling the property. Many people have invested in stocks and companies that offer shares in a project and hope that it is a success in order to receive a return, not to mention repayment of their principal. Mortgage lending offers this security on real estate which is amazing! It gives investors the ability to have an investment in real estate that is extremely passive without the worry of tenants, rent collections, and tribunal. As mentioned, syndicates and private lending have been around for decades, however the majority of people are not well versed on this type of investment vehicle. Make sure that when you decide to work with a company that offers these types of investments, that you are not receiving below market rates on a mortgage investment. Some companies in the industry are raising millions of dollars for one mortgage investment and in order to raise these types of funds, they are implementing a channel of referral agents who are paid substantially. The problem with incentivizing referral agents with large returns occurs when it reduces the return the company is able to offer the investor, thus falling below the market rate. Another thing to be mindful of, are lender bonuses that are contingent on the success of a project. Many companies that are selling syndicated mortgages are offering annual interest returns (for example 8%), plus a lender bonus at the end of the term (for example 4%). Majority of the time these rates are marketed as a combined return (in this example 12% annually). Business Investor

11289457_1517

Copyright ÂŠ 2016 Pro Funds Mortgages | 3410 South Service Road Suite G5 Burlington, Ontario L7N 3T2 Please say you saw it in The Commercial Investor

Mazhar Roshan Sales Representative

HomeLife Professionals Realty Inc.

Direct GTA Direct

BROKERAGE

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

Office

mazharroshan@sympatico.ca SALVAGE & WRECKING YARD - $899,000 ALSO AVAILABLE FOR LEASE

Well established auto related property and business with 4 bedroom house in Norfolk county, property includes, Salvage yard, Scrap business, 3 bay garage with 2 hoists, 3 bay separate garage with paint booth for body shop also 2 more building for storage or any other related use. Over 3 acres with MD zoning, call LBO for details. 1517_DJW_1_0041

$149,900

BURLINGTON FOR LEASE $20.00 PER SQUARE FOOT

R DE CT N U A TR N CO

Long established Pizza store doing over $10K per week in sales. Low rent & long lease, good for owner operator or big family. Rent is only $1371 (TMI included). For details & numbers please call LBO.

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.

1517_DJW_3_0019

1517_DJW_1_0005

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

8148414_1517

905.929.9800 647.609.9463 905.574.6400

VACANT LAND $3,500,000

I HAVE BUYERS FOR YOUR COMMERCIAL PROPERTY 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.

CALL ME TO GET IT SOLD!

1517_DJW_2_0043

$1,299,900

FOR LEASE $22.00 PSF

Mixed use. 2000 sq ft and 4 bedr and 2 bath residence. 2,200 store front plus 600 sq ft storage area with lots of parking. Full updated. Store has walk in cooler/freezer. Can be used for retail, convenient and take out restaurant. Close to bus routes, schools, QEW and proposed train station and Costco. 100's of new homes are coming this area. 1517_DJW_1_0040

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. 1517_DJW_1_0020

Stoney Creek Mountain plaza location. Approx. 1000 sq.ft. Retail space good for commercial office, retail, store front. Major tenants are Tim Horton's, Esso, Avondale and many more. TMI is $10.50, currently set up as Gino's Pizza.

DOLLAR STORE - $79,900

FOR LEASE - $20.00 PER SQUARE FOOT

HAMILTON

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.

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.

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.

1517_DJW_1_0056

1517_DJW_3_0006

1517_DJW_1_0013

PRIME CORNER LOCATION IN RAPIDLY GROWING AREA OF STONEY CREEK

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. 1517_DJW_4_0006

RE D

UC E

1517_DJW_2_0050

INVESTMENT PROPERTY - HAMILTON $249,900

D L O S

PLAZA FOR SALE

FOR SALE - STONEY CREEK

D L O S

Great residential neighbourhood. Close to Centre Mall, school & shopping and all amenities. Recently updated bungalow. No carpet at all, newer kitchen with S.S. appliances, new ceramic. Lots of pot lights, freshly painted. Rented for $1400/mth. Tenant would like to stay.

Fully leased plaza for sale. Net income $102,000. Anchor tenant Royal Bank, 30 minutes south of Hamilton. Cap rate 6%. Call Mazhar Roshan for more details.

1517_DJW_2_0017

1517_DJW_2_0085

Live and work in this newly constructed unit. 1100 sq. ft. retail unit plus basement and 1200 2 bedroom apartment upstairs. Close to highway, shopping, parks and on bus route. 1517_DJW_2_0011 Call for details.

11G COM

legallyspeaking

What is rent and why is that important? By Jayson Schwarz

or a landlord an extremely important aspect of any commercial lease is rent, but it is not even defined under the Commercial Tenancies Act, R.S.O. 1990, c.L.7. This is surprising because rent is the essence of the contract between the landlord and the tenant and in the event of non payment or default of some kind, how rent is defined will determine what remedies are available to the landlord. Most leases and the Act provide for accelerated rent in the event of default in the payment of rent. A default in rent payment will open the door to distress or forfeiture. All of these issues can be addressed in your lease, Rent can be defined by the lease as being much more than just the amount paid every month for using the premises.

12G COM

premises and additional rent. Additional rent will include any other payment the landlord collects from the tenant, including: realty taxes, maintenance costs of the common areas, insurance on the property, management fees and anything else that can be included. The key here is to explore with your lawyer all possible payments that a tenant could or would ever make to the landlord and to define it as additional rent. There is never any doubt that base rent is rent for purposes of the Act but the definition of additional rent and what is included is a critical issue for purposes of protection from bad tenants. In order to protect oneself, a commercial landlord must use the lease to define different items as rent and define the means of enforcement. The courts have held that where a landlord wants to enforce an amount defined under the lease as rent (such as maintenance fees), he must provide a detailed accounting and the fees must be reasonable. Therefore at the time the lease is drafted, it is incumbent on a landlord to ensure that the definition of rent is broadly stated to include all monies that will be due to the landlord â€“ contemporaneously, the landlord must ensure that the remedies to collect, when those monies are not paid are also in the lease. What happens however if the landlord used an off-the-shelf lease that did not include those things? The Commercial Tenancies Act states that the landlord has the right to re-enter the premises and re-take possession after 15 days without notice to the tenant. A lot can happen in 15 days, but with the right clause in a lease, you could act immediately. What if the default was payment of the landlordâ€™s insurance and this was not defined as rent in the lease? You might not even be able to take distress or forfeiture action. You need a proper lease! It would appear that there is more to the meaning of rent then meets the eye. Drafting a lease for commercial purposes is difficult and complex, but when properly done it is a great tool to protect your commercial investment. Commercial realties are such that a Landlord needs every tool available to protect oneself. To do this, a landlord should enlist the services of an experienced commercial lawyer familiar with these kinds of issues. Why do we care how rent is defined? By creating a broad definition of rent the landlord is better protected in the event of non payment of monies due under a lease. It is much easier for the landlord to trigger remedies under the Commercial Tenancies Act or under the lease where the money is technically defined as rent rather than as maintenance or some other form of payment. This is an exercise in proper drafting, something your lawyer needs to do.

Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the website (schwarzlaw.ca), email (schwarz@schwarzlaw.ca), or phone us at 1-888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form. Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP.

Rent is usually defined to include two types of rent: the base rent that represents the net payment for the use of the 13G COM

Greater Toronto Area marketminded

Fourth Quarter 2016 / Greatervolume. Toronto Areathat average Considering

Avison Young Multi-Residential Multi-Residential Investment Revi Investment Review rental rates increased 8% from fourthquarter 2013 to fourth-quarter 2016, rising home prices and extremely low vacancy, the GTA is moving into a housing affordability crisis. This pressure is contributing to rising per-unit prices, which can now reach up to $150,000 for challenged properties, $200,000 for mid-tier buildings, $250,000 for quality product and $300,000+ for premium, well-located high-rise assets. It is important to note that the GTA-wide average cap rate of 4% at year-end 2016 includes a broad range of product types (such as seniors’ housing). For conventional multi-residential rental properties, cap rates are in the range of 3.25% to 3.75%. Furthermore, because of high demand for housing, properties offering opportunities for intensification command an additional premium in today’s market – particularly along existing and developing transit corridors.

Findings for Greater Toronto Area, Q4 2016

In 2017, multi-residential fundamentals are set to remain strong despite interest-rate uncertainty, operating cost pressures, and political risks. With demand from investors globally, tightening rental markets, and high housing demand, traditional apartment buildings will continue to evolve as multi-residential assets with the prospect of new construction and redevelopment.

SIGNIFICANT MULTI-RES

Property Total P Traditionally in the Greater Toronto Area ulti-residential sales valuations con(GTA), 31 multi-residential & 35 St. Dennis Dr.assets were simply $57,000 known as “apartment buildings” with most Market Facts tinued to increase during the fourth 2015-2023 Simcoe St. N. & 2 Taylorwood Rd. $42,750 privately owned and built between 1950 and quarter, with rents rising and cap 1975 – a67“golden era” forVillage the sector. Increas& 70 Parkwoods Dr. $27,500 rates compressing. This trend has continued ingly strict rent control legislation (beginning 1636 Gerrard St. E. & 1255 Birchmount Rd. $16,500 salesavaluations Act,with 1992) halted in 1975 and culminating the Rent Con-new construc since the early 2000sMulti-residential and – aside from mi612 Dawes Rd. & 2892 St. Clair Ave. E. $14,837 trol Act, 1992) halted new construction. However, in 1998, the Tenant P continued to increase during the fourth nor blip during the 2008- 2009 financial crisis GTA multi-residential transaction quarter, with rents rising and cap rates Act allowed landlords to deter However, in 1998, the Tenant Protection Act – multi-residential valuations have exhibited olume in the fourth quarter based market value u compressing. This trend has continued allowed landlords torents determine rentson based outstanding performance. Although most on market value upon vacancy. This was the since the early 2000s and – aside vacancy. This was the start of a start of a new “golden era,” raising the sector’s “golden era”, raising the sector’ from a minor blip during the 2008real estate sectors have benefited from lowprofile as the “multi-residential” asset class. as the “multi-residential” asset c 2009 financial crisis – multi-residential avisonyoung.com cost financing and global investors seeking Institutional players Institutional such as pension funds players such as pe valuations have exhibited outstanding estate Average pricereal per unit for assets, the multi-residential secand REITs, and high-net-worth inves© 2017 Avison Young Commercial Real Estate (Ontario) funds andofREITs, and high-netperformance. Although most real tors, estate uildings of 20 tor unitsinorparticular more first stability multiis evolving rapidly. Inc.,attracted Brokerage.toAllthe rights reserved.

Market Overview

290 million $161,240 14G

$1,132 COM

erage monthly rental rate for

sectors have benefited from low-cost financing and global investors seeking real estate assets, the multi-residential sector in particular is evolving rapidly.

investors, first attracted to the of multi-residential assets in th 1990s, suddenly saw them as o growth potential similar to oth traditional commercial real est

Some of the data in this report has been gathered from third party sources and has not been independently verified by Avison Young. Avison Young makes no warranties or representations as to the completeness or accuracy thereof. Investment sales data sourced from Avison Young, RealNet Canada Inc., Altus InSite, Sanford Mandel Valuation Inc. and CMHC.

Multi-Residential Investment Review / Fourth Quarter 2016

Cap/Rates Fourth Quarter 2016 Multi-Residential Investment Review GTA Multi-Residential Capitalization Rates

Review Average Cap Rate

Multi-Residential Investment Review / Fourth Quarter 2016

Investment Volume

4.0%

Market Facts

Mar

$290 million

Multi-r continu quarte compr since th from a 2009 fi valuati perform sectors financi real est sector

4% '04

'05

'06

'07

'08

'09

'10

'11

'12

'13

'14

'15

'16

GTA Multi-Residential Investment Volume $2,000 Investment Volume ($ millions)

s n

$1,800

Total GTA multi-residential transaction volume in the fourth quarter

$1,600 $1,400

$1,164

$1,200 $1,000 $800

$161,240

Multi-Residential Investment Review / Fourth Quarter 2016

$600

Rental Rates

$400 $200

Average price per unit for buildings of 20 units or more

$0 '04

rs.

'05

'06

'07

'08

'09

'10

'11

'12

'13

'14

'15

'16

GTA Average Rental Rates by Unit Type

$1,600

Monthly Rental Rate

ect nt.

$1,132

$1,515

$1,500 $1,400

Average monthly rental rate for 1-bedroom unit in the GTA

$1,327

Traditio Area (G simply with m betwee for the contro and cu

$1,300 $1,200

$1,132

$1,100 $1,000

$957

$900 $800 Bachelor

1-bedroom Q4 2013 Q4 2014

2-bedroom Q4 2015 Q4 2016

3-bedroom

Average capitalization rate across all GTA multi-residential product types

MULTI-RESIDENTIAL SALE TRANSACTIONS - FOURTH QUARTER 2016 Total Price residential Price perassets unit Purchaser Vendor in the early 1990s, suddenly saw them as

of product typesPartnership. (such as seniors’ housing). For convenPerformance.

tional growth potential similar $57,000,000 offering $173,252 Minto Group Inc. to other, more traditional 1199403 Ontario Inc. multi-residential rental properties, cap rates are in

the range of 3.25 per cent to 3.75 per cent. Furthermore, commercial real estate assets. Today, despite multi-residenRhapsody Property Management $423,267 Podium Developments Services because of high demand for housing, properties offering tial’s attractiveness to institutional investors, ownership of opportunities for intensifi much of the stock remains fragmented. $27,500,000 $190,972 Starlight Investments HarbourEdge Mortgage Investment Corp. cation command an additional premium in today’s market – particularly along existing and $16,500,000 $141,025 Starlight Investments Wangle Properties Inc. construction. The restricted supply of available product can be observed developing transit corridors. $14,837,500 $157,846 Reserve Properties YLC Asset Management Corp. in the 39 per cent year-over-year decline in annual dollar Tenant Protection In 2017, multi-residential fundamentals are set to remain volume. Considering that average rental rates increased to determine strong despite interest-rate uncertainty, operating cost eight per cent from fourthquarter 2013 to fourth-quarter For more information, please contact t value upon pressures, and political risks. 2016, rising home prices and extremely low vacancy, the Avison Young's Multi-Residential Group: GTA is moving into a housing affordability crisis. This presstart of a new David MBAto rising per-unit prices, which Jonathan sureLieberman*, is contributing can Hittner* now With demand from investors globally, tightening rental he sector’s Principal profile Vice President markets, and high housing demand, traditional apartment reach up to $150,000 for challenged properties, $200,000 416.673.4013 416.673.4022 al” asset class. buildings will continue to evolve as multi-residential assets for mid-tier buildings, $250,000 for quality product and david.lieberman@avisonyoung.com jonathan.hittner@avisonyoung.com with the prospect of new construction and redevelopment. $300,000+ for premium, well-located high-rise assets. It uch as pension is important to note that the GTA-wide average cap rate ario) high-net-worth Neil Davidrange Worsley* For more information please visit online at avisonyoung.com. of Musselwhite* four per cent at year-end 2016 includes a broad d to the stability Senior Associate Associate has anties 416.673.4069 data sets in the416.673.4043 early aluation neil.musselwhite@avisonyoung.com david.worsley@avisonyoung.com $42,750,009

hem as offering lar to other, more al real estate

*Sales Representative

15G COM

Franchise & Business Opportunities Advertising Sales Contacts

905.570.9283 1.800.268.0077

VIEW OUR MAGAZINES ON ANY

DIGITAL DEVICE anytime, anywhere! Now you can view all Commercial Investor magazines online using any smartphone, tablet or desktop device.

THECOMMERCIALINVESTOR.CA 16G COM

SPOTLIGHT SECTION PRIME MUSKOKA

11315876_1517

Existing rental building PLUS prime commercial building lot for sale 1 Bay Street, Baysville, Ontario -

$495,000.00

DEVELOPMENT

Directly overlooking Lake of Bays dam-site Visit website: <baystreetboys.ca> for full information Contact: george@baystreetboys.ca

PROPERTY

or Tel:

(705) 767-3743

1517_DJW_0036

OVER 6 ACRES OF INDUSTRIAL ZONE (M1-1) PROPERTY All-Stars Realty Inc., Brokerage

Heather Ahrens SALES REPRESENTATIVE

1517_DJW_1_8000

1517_DJW_1_0630

Downtown on Main St. in the heart of Hagersville. 130' of frontage. Immediate possession. Mixed use, multi unit and multi storey. Approx. 9300 sq. ft. Very large parking lot and close to many amenities. 1 bedroom apt. on second floor. Separate entrance to upper level reception area with 5+ offices and kitchen area.

FOR SALE

23-25 MAIN ST. N. HAGERSVILLE $649,900

Donald Plouffe,

CAMPGROUNDS FOR SALE

Broker of Record

905.632.5940 Donald Plouffe Ltd Real Estate Brokerage

CLOSE TO HAMILTON 5116_DJW_1_0021

CAMPGROUNDS FOR SALE AS A CAMPGROUND REALTOR, I WILL GIVE YOU THE EDGE

11257991_1517

(705) 344-4235 (705) 887-7878 EXT 24 WWW.HEATHERAHRENS.CA HeatherAhrens@remax.net

11312340_1517

CELL:

OFFICE:

With approx. 89ft of road frontage on main busy County Rd 121 in Fenelon Falls. High traffic exposure. Permitted uses under current zoning include boat repair and furniture repair shop. Additional uses dependent on zoning change to M1, custom workshop, industrial mall, warehousing, dry land marina, motor vehicle parts, Business/Professional office, etc. Live & work from your very own property with a great private country feel, or nature lover`s paradise. House built in 1880, classic detailed 2 storey solid brick home offers original gleaming red pinewood floors, 4 Bedrooms, 2 baths, formal dining room/LR combined, eat-in kitchen, large spacious closets. Large deck surrounds the above ground pool. Serene Landscape views. Large Shop & Workshop areas each approx 20`x40` & fenced storage area. $849,000. MLS #X3678370. $849,000.00. MLS # X3678370. 11314728_1517

EXTENSIVE BUYER AND SELLER DATA BASE

*Independently Owned & Operated 871 Dundas St., Woodstock, Ont. 519.539.5646

IF I DON’T HAVE IT, I WILL FIND IT

HUNTING AND FISHING CAMP

Dave Bratt

• 9 CABINS • TRAILER SITES • 40 BOAT SLIPS

Sales Representative

dave.bratt@century21.ca Cell: 519.532.5375

• DUCK BLINDS • RECORD MUSKIE • RESIDENCE

Dave Bratt

Sales Representative

dave.bratt@century21.ca

519.532.5375

COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!

Woodstock: 871 Dundas St. | 519.539.5646

17G COM

11312437_1517

“WE PRODUCE RESULTS”

Paul J. Szostak

Free CMA Evaluation

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)

with this cut out ad

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

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. $2,995,000

stakteam@gmail.com

905-333-3500

SOUTH SERVICE RD. STONEY CREEK 1517_DJW_0015

MUST BE SOLD TOGETHER

$638,888

1517_DJW_3_0036

SHAVER RD., ANCASTER

1517_DJW_0002

100+ Acres prime land with 3 out buildings and two houses of which one house had a fire and ins. rebuilding. Value in the Land! MLS #H3201348

$2,888,000 LAND AND BUILDING

1517_DJW_2_0032

$578,888

Approximately 1,932 sq ft, total 5 rooms - Reception/Lounge 21'6" X 36', Office 10' X 10', Office 17' X 17'8", Office 16' X 15', Boardroom/ Meeting Room 23' X 12'1". Mother company of various large holdings. Fantastic opportunity to buy and hold for future, MLS #H3197256.

Investor's Delight 2 Exec. Penthouse Commercial upscale fully leased/ connected condominium suites available for R.E.I.T. Or a Syndicated financial wealth group looking for an outstanding 5 yr. old Income Asset's triple "A" tenant signed up under the mother company of various large holdings. Fantastic opportunity to buy and hold future. MLS #H3197257

1517_DJW_2_0033 V.T.B. AVAILABLE/LAND AND BUILDING

1517_DJW_0003 KING OF THE SCRAP YARDS IN NIAGARA

$2,588,000 64,850 sq. ft. building and enough room with possibility for a second building.Bldg has leased areas with the opportunity to lease top level for office space. Priced to sell and a must see!! MLS# H3172917

$1,299,000 5499 Kalar Rd. Niagara Falls only firm price. Turn key business, land, building, inventory, chattels, equipment! Owner retiring. MLS #H3201398

1517_DJW_2_0048 415 #6 HWY S HAGERSVILLE

BUY/HOLD INVESTMENT APPROX. 1517_DJW_0001 10% CAP RATE

$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

$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

NEW LISTING

$998,888 $1,950,000 REDUCED 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

BECKERS CONVENIENCE STORE 1517_DJW_1_0048

Fantastic turn key business for this New Beckers Fresh and Ready Foods with approx. 70K per month/ gross. Huge lotto sales and cigarette sales along with high walkin traffic. Immediate posession available for the right entrepreneur! MLS# H3179171

NEW HOT PRICE $208,888 18G COM

TONY'S PIZZA WINGS & MORE 1517_DJW_1_0034

Est. family bus for over 40 years. Spotlessly clean with a huge repeat clientele. Exc. opp to grow bus. Top of the link kit. chattels. Reduced to sell $108,888. Minutes from FT. Erie Bridge. MLS# H3182300

ESTABLISHED FAMILY BUSINESS

EXCELLENT HOBBY FARM HOT 1517_DJW_1_0031 $788,888 70+ ACRES NEW LISTING

D L O S

HOT NEW LISTING Excellent farm or hobby enthusiast with over 70+ acres of rolling lands and beautiful stream/creek running the elevated lower lands. Great opportunity to build a private estate home located just minutes from golf course. A must see! MLS# H3191424

Commercial Team In Canada! *

The PB Team Realty

+ **

COMMERCIAL

www.PBcommercialteam.com ** Sales Representative + Broker

0916_DJW_3_0071

MAIN/DANFORTH PRIME COMMERCIAL/ RETAIL SPACE

0916_DJW_3_0071

DIXIE/HWY 401 PROFESSIONAL CONDO DEVELOPMENT

MARKHAM LEASE OPPORTUNITY

0916_DJW_3_0071

MAIN/DANFORTH - MEDICAL CENTRE LEASE SPACE

U CL

0916_DJW_3_0071

Prime Markham lease opportunity, 19th Line/16th Ave location with Bur Oak exposure. 700 sq. ft. on main level. Great space for doctor, lawyer, accountant, variety store, hair salon, clothing store, a real estate office etc. $1200/month plus shared utilities with upper tenants. Please call Peter: 416606-7882. 1517_DJW_2_0036

First class medical centre at Main/Danforth Subway. Office space available for private practice or physician clinic environment, turnkey, work on % of gross billing! Bldg includes pharmacy; radiology, ultrasound, medical labs; & physiotherapist! Free Rent period. $10/Sq Ft Net. Call George 416554-7653. 1517_DJW_1_0118

0916_DJW_3_0071

MAIN/DANFORTH BUSINESS FOR SALE

1517_DJW_8118

0916_DJW_3_0071

STOUFFVILLE WAREHOUSE + OPPORTUNITY

ER T D UN RAC NT O C

UXBRIDGE INVESTMENT

Prime Stouffville location, right on Hwy 48 on 4.4 acres with 500 ft. frontage! 4500 sq. ft. warehouse with 1200 sq. ft. showroom and office above. Principals only. $4,500,000

Investment/User opportunity! Two commercial units and 4-1 bedroom apartments in prime downtown Uxbridge! Excellent condition, potential rental space in 4,000 sf abovegrade space, total 12,000 sf of rentable space. Commercial space fully reno'd. Principals only. $2,000,000.

1517_DJW_1_0011

1517_DJW_1_0019

PLAZAS PLAZAS PLAZAS PRINCIPALS ONLY

ATTENTION INVESTORS! 21%+ ANNUAL RETURNS!

• $18 Million – Major Bank and National Tenants!

• Single Family & Condo Developments

• $4-8 Million – Free-standing, Shoppers, LCBO, 5 CAP!

• Projected Returns Exceed 21% per Year

• Call George Politis 416-554-7653 or a member of the Politis Brienza Team for information on Plazas!

• RRSP, TFSA, LIRA++ Eligible

• Partner with Top-Tier GTA Developers • Get Developer Returns! • Call George Politis 416-554-7653

11276415_1517

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.

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

Fixed Returns. Real Security. Mortgage investments from 7 to 14% annual return.

Calling builders, developers and land owners! We have funds for your development or project. Let an added value seasoned financier be your partner and ensure your success.

1.888.330.3866

www.profunds.ca

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