Commercial Investor - 13 May, 2017 by NextHome

May 13 - Jun 10, 2017, Volume 17 Issue 05

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! RETAIL OR DEVELOPMENT SITE KITCHENER, ONTARIO

RE DU CE D

ED UC D RE

30 ACRES

1,586 SQ.FT./0.12 Acres • $899,000 MLS# 30568446 Unique High Profile Location. Corner Lot beside Kitchener’s farmers market. Great redevelopment site.

CHESLEY - RESIDENTIAL SUBDIVISION - $840,000

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 Lester Tobin, Sales Representative Coldwell Banker Commercial Peter Benninger Realty, Brokerage P: 519-743-5211 Ext: 3023

E-mail: Lester-Tobin@coldwellbankerpbr.com

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 Networking Association

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!

• 199.86 Acres (50 Usable Acres within the Keswick Business Park Secondary Plan) • Zoned for: Office, Industrial, Institutional • 2 km North of the 404 Extension on Woodbine Ave. • Asking Price: $8,900,000 For Brochure and More Information call:

Ingrid Till, Sales Representative Coldwell Banker Commercial Integrity Real Estate Brokerage, Ltd. 647-971-8000 | Email: itill@cbci.ca

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

FC_1917 (COM)

-214-487 6 5 41

DEVELOPMENT LAND OPPORTUNITY, GEORGINA, ON

OFFICE UNIT FOR LEASE

SPACE FOR LEASE COLBORNE ST. E. BRANTFORD

FOR LEASE

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

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

BRAND NEW COMMERCIAL CONDOS

FUTURE DEVELOPMENT LAND

IN STONEY CREEK

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

LAKE FRONT RESTAURANT UNIT

ONLY 1 UNITS 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. 1917_DJW_2_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. 1917_DJW_3_0023

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

$16 PER SQ FT PLUS $4 TMI/CAM

ATTENTION LAND OWNERS

SPACE FOR LEASE

1917_DJW_1_0026

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

RETAIL UNIT FOR LEASE 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. 1917_DJW_3_0010

E AS

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. 1917_DJW_2_0028

SOLD BRAND NEWOUT COMMERCIAL CONDOS - GRIMSBY

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! 1917_DJW_1_0025

IN HAMILTON

BUILDING FOR SALE 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. 1917_DJW_1_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

1917

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 Ind strial: s ft Office: Asking $2,900,000 ($59.00 sq. ft.)

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

+ + + +

PROMINENT STRIP PLAZA Windsor, Ontario ft

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

+ + + +

100% Occupied 4 unit plaza 9,961 sq. ft. GLA |Abundant on-site parking Projected NOI: $200,204 (YE June 2018) Asking $2,700,000

11284449_1917

SALE LEASE BACK OPPORTUNITY Woodstock, Ontario + + + +

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

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

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

MULTI-TENANT INDUSTRIAL London, Ontario

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

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

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

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

TOWNHOUSE DEVELOPMENT LAND Brantford, Ontario

MULTI-RESIDENTIAL DEVELOPMENT LAND Waterloo, Ontario

+ ±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

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

MULTI-TENANT INVESTMENT Kitchener, Ontario

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

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

22,600 sf (2.13 acres) B1 zoning 100% occupancy (12 units) Asking $2,650,000

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

HIGH DENSITY RESIDENTIAL DEVELOPMENT SITE

Waterloo, Ontario

+ + + +

±0.33 Acre site approved for 14 units, 65 beds Building permit drawings ready for submission Excellent location along King Street North Asking $1,950,000 ($30,000/bed)

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

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

ATTENTION INVESTORS ATTENTION INVESTORS INDUSTRIAL LAND

Veterans Memorial Pkwy / River Rd Ð Site Area of approximately 9.5 acres Ð Zoned H*LI2 Ð Daily traffic count 26,000 cars per day Ð Taxes (2015) $11,538

Asking Price $995,000 Andrew Johnson * 519.438.8639 andrew.johnson@cushwakeswo.com Brent Rudell *** 519.438.5608 brent.rudell@cushwakeswo.com

SOUTHWESTERN ONTARIO COMMERCIAL OPPORTUNITIES SOUTHWESTERN ONTARIO SOUTHWESTERN ONTARIO C O MM M EERRCCIIAALL OOPPPPOORRT TU U NN I TI ITEI SE S 2679 Howard Avenue Windsor, ON

2679 Howard Avenue FREE STANDING BLDG warehouse and office facility

161 Bonaventure Drive - London, ON Ð Various size units available from up to 20,000 sq.ft. Ð Zoned HS1,4 and RSC 2,3,4 Ð Corner location / established businesses in the area

7.05 Acres Ð 93,000 sf - freestanding industrial / Ð warehouse 16’-30’ foot and clearoffice height facility Various grade loading doors Ð Partially tenanted Ample on-site parking Ð 7.05 Acres 3 Phasefoot 600v power with several Ð 16’-30’ clear height connection points with doors various Ð Various grade loading amperage’s throughout Ð Ample on-site parking 10Phase cranes600v ranging from 5-25 ton Ð 3 power with several 1180 Wilton Grove Rd - London, ON Ð connection Indoor / Outdoor pointsstorage with various Ð Approximately 1.58 acres Ð Ð amperage’s $175,000 w/excess vacancy Building SizeNOI - throughout 18,250 square feet Ð Ð 10 cranes fromfeet 5-25 ton Office Spaceranging - 5,472 square Ð Ð Indoor storage Industrial/ Outdoor Space - 12,778 square feet SALE PRICE $2,950,000 - 1 dock, 2 grade Ð $175,000 NOI doors w/excess vacancy

Brent Rudell *** 519.438.5608 brent.rudell@cushwakeswo.com

INDUSTRIAL LAND

VACANT LAND

Veterans Memorial Pkwy & River Rd

602 Queens Avenue - London, ON Ð Approximately 9.5 Acres Memorial & downtown River Rd Ð Premier office spacePkwy in fringe core ÐVeterans Excellent exposure to Veterans London, ON Ð On-site, free parking included in rent Memorial Parkway Ð Over 38,000 square feet Ð Approximately Convenient highway access to 401 9.5 Acres Ð WellH*LI2 wired and finished space Ð Excellent Zoned exposure to Veterans Ð Parking on-site forof 130approximately vehicles included in the Ð Daily traffic count Memorial Parkway leasevehicle fratehighway freeper fromday additional Ð 26,000 Convenient accesscharge to 401 Ð Preference for single user but space may be Ð Zoned H*LI2 SALE PRICE $995,000 demised Ð Daily traffic count of approximately Brent Rudell, BrokerRate of Record Lease psf Net 26,000 vehicle per $14.95 day 519.438.5608 brent.rudell@cushwakeswo.com David Jongerden *

SALE PRICE $995,000

519.438.9125 Andrew Johnson, Sales Representative david.jongerden@cushwakeswo.com 519.438.8639 Brent Rudell, Broker of Record andrew.johnson@cushwakeswo.com 519.438.5608 brent.rudell@cushwakeswo.com

Peter Craig *Sales David Jongerden, Andrew Johnson, SalesRepresentative Representative 519.438.9125 519.931.2184 519.438.8639 david.jongerden@cushwakeswo.com peter.craig@cushwakeswo.com andrew.johnson@cushwakeswo.com

PRESTIGIOUS BLDG

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

STRATHROY AREA

PRESTIGIOUS BLDG

1424 Southdale Road West London, ON

Dexter Line - Central Elgin, ON Ð42917 Potential for Future Development

1424 Southdale Ð Ð Approximately AcresWest 201 Acres abutting 16.58 LakeRoad Erie Currently farmed for Corn and Beans Ð Ð Located in Byron outside the Urban London, ON Ð Sandy Loam and Light Clay soil runs throughout

Growth Boundary the flat and cleared acreage. Ð Potential for Future Development 125 Workable andto76400 Forested Acres,highways as well as Ð Ð Great access Series Ð Approximately 16.58 Acres a farmhouse and barn. Ð Ð Abutting small towns of Mobility Komoka, Included is income from a Bell Tower Ð Located in Byron outside the Urban Kilworth and Delaware lease on the property Growth Boundary Future income Ð Ð Zoned AG1 potential through logging and Ð Great access to 400 Series highways maple syrup production Ð Many income sources abound well as future ÐSALE Abutting small towns of as Komoka, PRICE development potential $689,900 Kilworth and Delaware Brent Rudell, Broker of Record Asking Ð519.438.5608 Zoned AG1Price $2,300,000 brent.rudell@cushwakeswo.com David Jongerden * SALE PRICE $689,900 519.438.9125 Jameson Lake, Sales Representative david.jongerden@cushwakeswo.com 519.438.8548 Brent Rudell, Broker of Record jameson.lake@cushwakeswo.com 519.438.5608 brent.rudell@cushwakeswo.com Jameson Lake, Sales Representative 519.438.8548 jameson.lake@cushwakeswo.com

Estate Brokerage, IndependentlyOwned Ownedand andOperated Operated RealReal Estate Brokerage, Independently A Member of the Cushman WakefieldAlliance Alliance A Member of the Cushman & &Wakefield

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

519.438.8639

LAKEFRONT FARMLAND

551199. .443388..55 55 88 8 www.cushwakeswo.com 5www.cushwakeswo.com 19.438.5588 Andrew Johnson, Sales Representative 519.438.8639 andrew.johnson@cushwakeswo.com

- Ceiling height 13-14 ft NEW PRICE $2,750,000 - Fully air conditioned SALE PRICE $2,950,000 Ð Zoned LI2 and LI7Representative Andrew Johnson, Sales andrew.johnson@cushwakeswo.com NEW PRICE $2,750,000 Sale Price $1,700,000

Andrew Johnson * 519.438.8639 andrew.johnson@cushwakeswo.com

VACANT LAND

London, ON

Windsor, ON Ð Partially tenanted

Sale Price $799,000 Lease Rate $22.00 psf

INDUSTRIAL LAND

PRESTIGIOUS BUILDING

Ð 93,000 sf - freestanding industrial /

BUILD TO SUIT

602 Queens Avenue London, ON

370 Albert office Streetspace - Strathroy, ON Ð Premier in fringe

602 Queens Avenue 3,165 sq.ft. building on 7.43 acres downtwon core ON parking One storey building / no basement ÐLondon, On-site, free included in rent C3-4, EP Over 38,000 ÐZoned Premier officesquare spacefeet in fringe systemcore installed ÐLifebreath Well wired and finished space downtwon washrooms Preference single included user but in space ÐHandicap On-site, freefor parking rent for over $50,000 Gross may be demised ÐPotential Over 38,000 square feetIncome per year Ð Well wired and finished space Ð LEASE Property taxe4s (2016) $12,089 per year RATE $14.95 psf Net Ð Preference for single user but space David Jongerden, Sales Representative Asking $449,900 may bePrice demised 519.438.9125 Ð Ð Ð Ð Ð Ð

david.jongerden@cushwakeswo.com Tyler Desjardine * 519.438.5403 LEASE RATE $14.95 psf tyler.desjardine@cushwakeswo.com

Net

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

CUSHMAN& & WAKEFIELD CUSHMAN WAKEFIELD

SSoou u t ht h ww e se tsetrenr nO nOt na tr a i or i o

620-A Richmond St., 2nd Floor, Box 19 CUSHMAN &Ontario WAKEFIELD 620-A Richmond Street London, N6A 5J9

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

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

TE UP NTIA SID L E

• 1 x One bedroom

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

• 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

• Asking $1,440,000

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

LY UL D TIF AU ORE E B EST R

Windsor

P RE RIC DU E CE D!

• 1 x Studio, 1 x Bachelor • Asking $129,500 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 • 7.96% 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 $1,295,000

10 Suites

8172756_1917

COM

Len Direct: 519-741-6368 REALTY LTD., BROKERAGE

*Len & Mildred Frey**

INDEPENDENTLY OWNED & OPERATED

FOR SALE FOR SALE 5158A & 5150 AMENT LINE, LINWOOD, ONTARIO 5150 AMENT LINE, LINWOOD, ONTARIO 1917_DJW_0009

$899,000.00 MLS 30549370. Busy mall in the middle of residential area. Building next to this property includes an 8/10 unit strip mall, with a laundromat, pizza, variety and more. Building has one tenant. Balance is available for rent. See MLS listing #30538837 for details on rental. Has ample parking and interior has been upgraded and is devisable. To view call Mildred Frey 519-669-1544. Best time for showings during business hours.

FOR LEASE 2 & 3 120 ORIOLE PARKWAY, ELMIRA, ONTARIO 1917_DJW_8008

1917_DJW_0011

FOR LEASE 1 & 3 63 ARTHUR STREET S, ELMIRA

1,100,000.00 MLS 1528180. This home is totally renovated with large addition, plus bldg. for business includes store area for Hardware, store which runs into the basement of the house, plus Extra bldg. on corner with post office, large apartment upstairs at rear, small office in centre, and small apartment at front corner used by the Tenant of the Hardware Store. Also has 2 septic systems. One for the residence and one for the Commercial. To view call Mildred Frey 519-669-1544. Best time for showings during business hours.

1025 sq ft.@ $12.50 plus TMI MLS1524851. Modern building with multi-tenants. Building in great location for professional use. Formerly an Eye Specialist/Doctor. Street exposure on Main St. Municipal and Street parking. 640 sq. ft. @ 12.00 plus TMI 3-63 Arthur St. Elmira - Good location on main street downtown Elmira. Small town 15 min north of Waterloo. Nice clean unit To view call Mildred Frey 519-669-1544. Best time for showings during business hours.

474,900.00 MLS 1437283. Commercial property w/2 storey building. Main floor is a thriving retail business, post office & residence upstairs. On main drag in Linwood with lots of traffic make for a good business location. Residences gas fireplace for extra heat. To view call Mildred Frey 519669-1544. Best time for showings during business hours.

FOR SALE 5 CHURCH ST. E. ELMIRA 1917_DJW_0029

1917_DJW_0013

w w w. t h e f r e y t e a m . c o m

FOR SALE z 120 ORIOLE PARKWAY, ELMIRA 1917_DJW_0008

519-669-1544

$900,000.00 MLS 1531992. 4 unit commercial building in downtown Elmira, close to municipal parking. Utilities are separately metered. Good location downtown. To view call Mildred Frey 519-669-1544. Best time for showings during business hours.

mildred@thefreyteam.com

THE FREY TEAM

*Sales Representative **Broker

FOR SALE 63 ARTHUR ST. ELMIRA

By Fax: 519-669-5119 or by email Len & Mildred:

1917_DJW_0010

11257575_1917

Mildred Direct: 519-741-6970

2365 sq ft @$8.50 plus TMI MLS 30559242. Busy mall in a small town, residential area. Apartment buildings and homes within walking distance. 50+ unit condo, 350+ unit apartment building. Building adjacent to laundry, variety store, pizza restaurant, hairdresser/spa. To view call Mildred Frey 519-669-1544. Best time for showings during business hours.

$449,000. NEW MLS. Building only for sale. Confectionery business on the main floor. Property is fully rented. Roof New 2009, Wiring replaced 2011. Updates to the main floor for new tenant during 2015 and 2016. Great Core Commercial location. Building is on main road. Parking is limited to Municipal parking lot. To view call Mildred Frey 519-669-1544. Best time for showings during business hours.

201 BARTON ST.

247 CENTENNIAL PARKWAY N., HAMILTON

QEW & CENTENNIAL PARKWAY 45 GODERICH

COMMERCIAL/RETAIL/ OFFICE SPACE

OFFICE SPACE

3735 sq. ft. office/warehouse space available. High traffic location, close to highway and in very visible location. Rent $6.00/sq. ft./net.

For Lease - 4153 sq. ft. from $7.50 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.

1917_DJW_0024

1917_DJW_1_0028

1917_DJW_1_7007

Tony DeSantis

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

www.desantis.com 6G

COM

1917

E-mail:

$5,495,000

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

$3,000,000

Uptown Waterloo • 800 s.f. main floor commercial unit is currently rented to a registered massage therapist. • Second commercial unit is a public laundromat for additional income • MLS • Call Ryan Briggs

FROM $15/SF

KITCHENER, ONTARIO

519.578.0337

CELL:

159 ERB ST W, WATERLOO

$995,000

• 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

SOLD 2786 KING ST E, KITCHENER 1917_DJW_2_0024

1917_DJW_0072

281 GODERICH ST, PORT ELGIN

• High visibility Port Elgin Square • 8,500 sf unit with shipping dock • Potential pad site w/design/build opportunity • CAM $5.25/sf • Join Bruce Power, Carey Optical, Pindrop

1917_DJW_0070

Hearing Centre, Co-Operators and UPI Gas Bar • 2,128 sq. ft. operating as restaurant • Call Duncan McLean

$1,030,000

D L O S

• 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 11280798_1917

• Mixed use building in the heart of Uptown Waterloo • 8 - 4 Bedroom suites and 2 Commercial Units built in 2003 • 16 covered parking spaces and roof top patio area • On public transit route and a short walk from

1917_DJW_1_0045

1917_DJW_1_0029

1917_DJW_0053

1917_DJW_0031

34 BRIDGEPORT RD E, WATERLOO

1917_DJW_0071

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

NEIL KOEBEL

RYAN BRIGGS

DUNCAN MCLEAN

Broker of Record

Sales Representative

519-741-6594

Neil@cmarealty.ca

CELL:

519.498.5775

Ryan@cmarealty.ca

CELL:

519.590.7997

Duncan@cmarealty.ca 7G

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AVAILABLE

INVESTMENT OPPORTUNITIES

SOUTHWESTERN ONTARIO INVESTMENT TEAM

11314136_1917

BATEMAN TRA

K ROAD WHITEOA

COMMERCIAL DEVELOPMENT LAND London, 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

+ + + +

±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

ATTRACTIVE OFFICE BUILDING Cambridge, Ontario + + + +

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

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

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

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

COM

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

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

DEVELOPMENT LAND OPPORTUNITY Delaware, Ontario + + + +

LOW DENSITY RESIDENTIAL DEVELOPMENT Tillsonburg, Ontario

INVESTMENT OPPORTUNITY Kitchener, Ontario + + + +

Approximately 18.79 Acres Official Plan: Low density residential 3 Registered future residential blocks Asking $2,500,000

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

INVESTMENT PROPERTY Kitchener, Ontario

LAND OPPORTUNITY Wilmot Township, 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

INDUSTRIAL OPPORTUNITY Waterloo, Ontario

FOUR, 3 STOREY PURPOSE BUILT STUDENT RESIDENCES

Waterloo, Ontario

+ + + +

±0.65 Acres 4 Buildings, 13 Condo titled units, 63 Bedrooms Individual HVAC units separately metered for all units Situated in the heart of Waterloo’s University district

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

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

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

+ + + +

±19,727 SF on 1.26 acres Prime Waterloo location Zoning LI Asking $1,550,000

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

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

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

www.cbre.ca * Sales Representative ** Broker

DOWNTOWN GUELPH

28 Unit Building Zero Vacancy 5.5% Cap Rate Call for Details For Sale Waterloo Totally renovated Gas furnace, A/C Call for details

$269,900

COM

10G

COM

11299324_3315

Volume 17 Issue 05

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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Commercial Real Estate & Business Opportunities

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Special Features 40

7 IN THE NEWS — CFIB environment report: independent businesses already taking action to grow Greener 14 LEGALLY SPEAKING — More than what you bargained for – Inheriting tenants with a commercial property By Jason Schwarz 20 IN THE NEWS — Small business growth hits level not seen in almost a decade: CIBC Capital Markets 40 TREB REPORT — GTA realtors release commercial market statistics 43 IN THE NEWS — New research shows that Green buildings contribute to a more productive workforce 44 ADVICE — GTA new condo prices spike as unsold inventory plummets 46 IN THE NEWS — Above average transaction volumes, persistent demand and foreign capital driving Canada’s commercial investment property market 47 IN THE NEWS — Minto Capital partners with Investors Group on Minto Place Complex 50 MONEY SENSE — Cadillac Fairview is first in North America to achieve WELL Core and Shell Certification

GLOSSY SECTION EDITORIAL 12G LEGALLY SPEAKING — Investment properties: What renters want versus what really pays off By Lydia McNutt

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Commercial Real Estate & Business Opportunities

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KITCHENER, WATERLOO & GUELPH SECTION COVERING: Cambridge Durham Elora

Fergus Guelph Kitchener Waterloo

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2015-03-19 3:47 PM

3:47 PM

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 05

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_1917

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®

D L O S 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®

1917_DJW_1_0666

1917_DJW_2_0006

133 COLUMBIA STREET WEST, WATERLOO

52 NOECKER STREET, WATERLOO

4 SMETANA DRIVE, KITCHENER

D L O S

639,900

799,900

599,900

• 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. 1917_DJW_1_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 1917_DJW_1_0010 • MLS®

• Open concept, 2496 sqf home in desirable Grand River North currently shows as two units but can be easily converted to single family home. • Main unit pays $1376 per month, lower unit pays $994 per month, plus utilities. • MLS®

139 ALBERT STREET, WATERLOO

24 NOECKER STREET, WATERLOO

1 12 BRIDGEPORT ROAD E, WATERLOO

D L O S

1917_DJW_0017

359,900

500,000

• Delightful, older home that radiates with tremendous character! • Steps to WLU and backing on to KnightNewborough 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) • MLS® 1917_DJW_1_0011

• 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 1917_DJW_2_0010 • MLS®

Please say you saw it in The Commercial Investor

314,900

• $32,400+ Potential Gross Income available here! Turn key! • Designed with student living in mind. Rental licensed, Class Z5 Premium license - City approved. • One year lease in place until end of August 2017, four tenants pay $550 inclusive, one tenant pays $500 with owner generating an additional $50 a month for parking. • Great opportunity for parent with kid going to school or investor seeking turn key income. • MLS® 1917_DJW_0018

Volume 17 Issue 05

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

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

PROTECTING YOUR INVESTMENT

Roof Detail Oversights..that cost you money! building, tenant and legal problems.

The above pictures are examples of “good” roof covering installations. How many times have you heard this?.......“It’s a new roof, you don’t need to worry.” We constantly hear that there was a new roof installed just a few years ago and there is no need for concern. Well, there is a need for concern because not all rooﬁng jobs are necessarily good installations, particularly when it is a ﬂat or low sloped roof application. Here are some of the things that lead to future

No contract. No warranty. Who do you go back too when something goes wrong? Make sure that the roofing contractor is a licenced qualified roofer with extensive experience and is a member of an accredited roofing contractor’s association. There should be a minimum of a 5 year warranty for the contractor’s work and we recommend a 20 year manufacturer’s warranty for the roof covering system. Common deficiencies 1. No slope on roof. New built-up asphalt tar and gravel roofing and, modified bitumen roof covering systems require a minimum roof slope to e ectively drain water to the roof drains. Low spots in the roof cause ponding. This may result in premature deterioration of the roof.

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

2. Failed sealants and ﬂashing around pipes, vents, skylights and mechanical equipment.

3. Failed sealant at parapets and wall intersections.

Regular roof maintenance inspections and repairs will help prevent costly repairs and damages.

www.BrookBC.com 905-385-4496 1-888-343-3023 11236833_1917

Please say you saw it in The Commercial Investor

Commercial Real Estate & Business Opportunities 11285345_1917

KYLE CHURCH, Broker

Office: 519.745.7000 kyle.church@royallepagecommercial.com Royal LePage Grand Valley Realty, Brokerage

SIXPLEX KITCHENER 1917_DJW_0079

1917_DJW_0078

16 UNIT TOWNHOUSE COMPLEX - KITCHENER

$2,500,000 • In convenient and central location in desirable Stanley Park neighbourhood. • 12x2 bedroom units, 4x3 bedroom units. • Tenants pay for all utilities except for water and sewer. • Half of the units updated, including exterior windows and doors. • This property offers upside potential for longterm investor. • Cap Rate 4.95%

$950,000 • • • • • • •

Solid, concrete construction sixplex. New, high efficiency gas boiler. Centrally located 6 unit apartment building. 5x2 bedrooms, 1x1 bedroom. Easy to manage. Large lot with sufficient parking. Cap Rate 4.0%

inthenews

CFIB environment report: independent businesses already taking action to grow Greener

he Canadian Federation of Independent Business (CFIB) released a new report on the environment that shows a majority of small business owners believe it is possible to grow the economy and the environment at the same time.

“It’s easy to think that, in order to protect the environment, we need to have more laws and taxes. But CFIB’s report shows that small businesses are already taking responsibility to protect the environment because they personally believe in this approach,” said Monique Moreau, vice-president of National Affairs at CFIB. The report, Green Growth: How SMEs are working toward a Greener future, is based on a CFIB survey that reveals that a majority of small business owners have already been implementing environmentally friendly measures such as introducing or expanding recycling, reducing their electricity usage or using more environmentally friendly products in their business.

HOW TO HELP SMALL BUSINESS GO EVEN GREENER?

“It is essential that governments not only include small businesses in the conversation around issues such as emissions reductions and climate change, but also recognize the work that they are already doing to help the environment,”reminded Moreau.“The best way for governments to help small businesses ‘go Green’ is to provide them with information, tools, and resources tailored to their reality to ensure they can continue investing in both their business and the environment.” The report found a majority of small business owners are motivated by their own personal views. Carbon taxes, and additional fees or regulations, may not be most effective to encourage small businesses to go Green. Rather, a strong majority (91 per cent) preferred that government instead focus on raising awareness on existing energy efficient measures, on research and innovation of clean tech (86 per cent), and on increased financial incentives for energy efficiency such as tax credits or rebates (84 per cent). “Until we know what kind of environmental policy will be implemented south of the border, it would be premature to place an undue burden on Canadian SME’s through new taxes and regulations,”warned Moreau. Read the report“Green Growth: How SMEs are working toward a greener future”cfib.ca. CFIB is Canada’s largest association of small and medium-sized businesses with 109,000 members across every sector and region.

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Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 05

Commercial Real Estate & Business Opportunities

Volume 17 Issue 05

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 AAA OFFICE SPACE AVAILABLE ∙ MLS 30551734 ∙ C ES E FROERTASIAL L/ EO/FLFEI A WATERLOO ∙ 114,033 SF ∙ $11.50/SF · MLS:30535669 · Kitchener∙ SF · $16.95/SF PETER BENNINGER REALTY,1,824 BROKERAGE Beautifully ﬁnished, ample parking, natural light

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 Kitchener Centrally on high traffic road · in 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, ON. throughout. Divisible from 21,000 SF. density residential area. Strong tenant support. John Hoffman*/Gary Boudreau* 1,740 SF · $32.00/SF · MLS: 30554732 · Waterloo 800 SF · $21.00/SF · MLS:30543919 · Waterloo Lester Tobin* James Boudreau** Former restaurant/bar located in University District. PHONE: 519-743-5211 1,197 SF · $14.00/SF · MLS: 30558849 · Waterloo Main oor opportunity. High traffic intersection of On-site Corner∙Unit. Tobin* 1,800 SFparking. ∙ $15.00/SF MLS: 30567715Lester ∙ Kitchener University & Bridge. Seconds from 85. 800 SF ∙ $1,999/Mth Gross ∙ MLS:30543919 ∙Hwy Waterloo $20.00/SF ∙ MLS: 30523827 ∙ Kitchener 1,114 SF ∙ Located in corner building at King St ronting on Erb High exposure street frontage. Feet from LRT stop. St. Colin Vogel* of LastAmple unit parking available w/high exposure Lester in centrally nearby. Tobin* Main oor opportunity. High traffic intersection 30543869 · Waterloo 909 SF · $800/mo. · MLS:30560474 · Kitchener 1,184 SF · $16.00/SF · MLS:30538507 · Kitchener 3,100 SF · $10.00/SF · MLS: Steve Gerakopulos* R E TA I L / O F F I C E University & Bridge. Seconds from Hwy 85. located retail plaza. Drive up unit on high traffic rd. in SF · $1,999/Month · MLS: 30557358 · Waterloo Medical office space High exposure & traffic. Ample Low cost office space. Utilities extra. Gary Boudreau* 920 Rd. 388SF · $895/Month · MLS: 30557365 · Waterloo Drive up retail unit with signage on Highland Colin onsite free parking, large windows, close to public Utilities renovated, finis edVogel* CentrallyIncluded. located Newly on high traffic road in aoffice. high 1,740 SF ∙ F$32.00/SF ∙ MLS: 30554732 ∙ Waterloo O R S A L E / L E A S E Utilities Included. Finished private office. 2nd Drug oor. 40,184 cars. Strong tenant support. Shoppers transit, Universities & Conestoga LesterDistrict. Tobin* 1,824 SF · $16.95/SF · MLS:30535669 · Kitchener 2nd oor,residential 4 large windows abundance of density area. provide Strong an tenant support. Former restaurant/bar located College in University Large window provides lots of natural light. Sept 1/17 920 SF ∙ $1,999/Month ∙ MLS: 30557358 ∙ Waterloo natural light. Portion of unit is vacant Lester and ready for Tobin* New Building, High Visibility, Free on-site parking. On-site parking. Corner Unit. Lester Tobin* possession. Utilities Included. Newly renovated, finished office. Colin Vogel* 22,383 SF · 2.69 Ac. · $4,100,000 · Waterloo more. Lester Tobin* occupancy. Colin Vogel* John Hoffman*/Gary Boudreau* 1,740 SF · $32.00/SF · MLS: 30554732 · Waterloo 2nd SFoor, large windows provide an abundance of · MLS:30543919 · Waterloo 800 · 4$21.00/SF Purpose built office building, at 3,100 SFrestaurant/bar ∙ $10.00/SF ∙located MLS:conveniently 30543869 ∙ located Waterloo Former in University District. 1,488 SF · $26.00/SF · MLS: 30502665 · Kitchener 1,114 naturalSF light. Portion of· unit vacantintersection and ready for Main oor opportunity. Highis traffic of · $12.00/SF MLS:30524639 · Kitchener 1,824 ∙ $16.95/SF ∙ MLS:30535669 ∙ Kitchener 1,197 SF · $14.00/SF · MLS: 30558849 · Waterloo on. Currently nished for aMedical high pro le intersec New retail plaza on corner of Fischer Hallman and office space High Ample On-site parking. Corner Unit.exposure & traffic. Lester Tobin* University Bridge.prac Seconds Hwy occupancy. Vogel* oners from to Colin take over85.a 1-2&general inDr. corner building at-King ronting on Erb professional office large user, windows, but presents an public ideal Located New Building, High Visibility, FreeSttraffic. on-site parking. Seabrook High exposure high Ample on Looking onsite free parking, close to Colin Vogel* 4 fully parking nearby. Tobin* medical office of a re red doctor. Includes opportunity for medical conversion complete John Hoffman*/GaryLester Boudreau* siteAmple drive-up parking. transit, Universities & Conestoga College or Lester Tobin* St. · MLS: 30543869 · Waterloo 3,100 SF · $10.00/SF 1,114 SF ∙ exam $12.00/SF ∙ MLS:30524639 on area, equipped rooms, built in recep∙ Kitchener redevelopment for increased density. 920 SF · $1,999/Month · MLS: 30557358 · Waterloo Medical office space High exposure & traffic. Ample Looking 1- & washrooms. Located in busy retail 388SF · · $895/Month 30557365 Waterloo wai ng room 890 30557318 ·∙ Kitchener 22,383 SF ∙ 2.69 ∙ windows, $4,100,000 ∙ Waterloo 1,197SFSF ∙$1,890/Mth. $14.00/SF ·∙ MLS: 30558849 PeterAc. Benninger**/Chris onsite free parking, large closeKolednik** to public Utilities Included. Newly renovated, finis ed office. with a Shoppers Drug Mart. Lester Tobin* Included. Finished Great behind grand river2nd hospital Purpose built office&building, located at Utilities LocatedBasement in corner space building atprivate King Stoffice. fronting on oor. Erb plaza transit, Universities Conestogaconveniently College Lester Tobin* 2nd oor, 4 large windows provide an abundance of 30,359 SF • 1,363 SF Mezz. • $3,450,000 • Waterloo More Large window provides lots naturalChris light. Sept 1/17 units available. Call oftoday! Kolednik** St. Ample parking nearby. Lester Tobin* natural light. Portion of unit is vacant and ready for Colin Vogel* 5,652 SF · $12.50/SF · MLS:30562379 · Kitchener 2.71 Professionally nished office professional user,· but presents an space. ideal possession. 2.69 Ac. $4,100,000 · Waterloo 22,383Ac.(+/-) SF · office occupancy. Colin Vogel* New Building, High Free on-site 390 SF∙ · $895/Month $850/Mth. ·∙ MLS: 30555731 ·∙ Kitchener Unique design with sky-lighted hallway & many sky388SF MLS: 30557365 Waterloo plaza with a Shoppers DrugVisibility, Mart. Lester Tobin* opportunity medical conversion or located complete Purpose built for office building, conveniently at 1,488 SF · $26.00/SF · MLS: 30502665 · Kitchener parking.. John Hoffman ar o reau* directly behind grand river hospital. Unit is lights throughout. Features an execu ve boardroom Located Utilities Included. Finished private office. 2nd oor. 1,114 SF · $12.00/SF · MLS:30524639 · Kitchener Currently nished for New retail plaza on corner of Fischer Hallman and a high pro le intersec redevelopment for on. increased density. for medical practitioner looking for short 5,652 SF ∙$12.50/SF ∙ MLS:30562379 ∙ Kitchener w/adjoining kitchene e for catering, many smaller perfect oners to FOR take over 1-2 general prac SPACE Large window provides lots of- natural light. Ample Sept 1/17 professional office but presentsKolednik** an ideal Seabrook PROFESSIONAL OFFICE LEASEa Peteruser, Benninger**/Chris Dr. High exposure on Looking occupancy. Call high for traffic. more info! boardrooms/kitchene es, change room & shower term New SFBuilding, Visibility, Free•Waterloo on-site doctor. Includes 4 fully medical office of aHigh re •red possession. Colin Vogel* 1,800 opportunity for medical conversion or complete site • $15.00/SF MLS# 30564411 drive-up parking. Tobin* ChrisLester Kolednik** facili es. Colin Vogel*/Peter Benninger**/ parking.. John Gary ononarea, equipped exam on rooms, built recepBoudreau* 30,359 SF • 1,363 SF for Mezz. • increased $3,450,000 • Waterloo redevelopment density. Good Exposure Erb Hoffman*/ St. Unitin features site Chris Kolednik** 890 & washrooms. in busy retail wai ng room 1,488SFSF $26.00/SF 30502665 30557318 ·∙· Kitchener 2.71 Ac.(+/-) Professionally finished office space. 1,071 Peter Benninger**/Chris Kolednik** 4 private offices andLocated large open work or SF· ∙·$1,890/Mth. $18.50/SF ∙·· MLS: MLS:30558620 Waterloo parking, PROFESSIONAL OFFICE SPACE FOR LEASE plaza with space. a Shoppers Drug Mart. Roman Lester Tobin* Great Basement behind grand award river hospital New retail plaza space on corner ofknown, Fischer Hallman and classroom Ginzburg* Unique design with sky-lighted hallway & many sky- Main oor opportunity in well winning · MLS: 30551894 ·• Waterloo Waterloo More units available. Call today! Chris Kolednik** 1,800 SF • $15.00/SF • MLS# 30564411 •Waterloo 1,957 SFSF· • $22.00/SF 30,359 1,363 SF Mezz. • $3,450,000 Seabrook Dr. High exposure - high traffic. Ample on lights throughout. Great Ac.(+/-) Opportunity to get in at the ground level! building. High traffic intersection. Seconds away from 1,413 5,652 SF SF · · $12.50/SF $12.00/SF ·· MLS:30562379 MLS: 30516996 ·· Kitchener 2.71 Professionally nished office space. site drive-up parking. Lester Tobin* Good Exposure on Erb St. Unit features on site Hwy 85. Colin Vogel* Many permitted usessky-lighted allowed - unit divisible. Callskyfor 390 SF New Building, High Visibility, Free on-site location for Medical Boudreau* · $850/Mth. · MLS: 30555731 · Kitchener Great parking, 4 private offices use. and largeGary open work or Unique design with hallway & many more information! Kolednik** Located directly behind grand river hospital. Unit is parking.. ar Ginzburg* o reau* classroom space. John Hoffman Roman ve boardroom lights throughout. Features an execuChris 390 SFSF∙ ·$850/Mth. 30555731 ∙· Kitchener 839 1,184 $12.00/SF ∙· MLS: MLS:30538511 SF · $12.00/SF · MLS:KW1537515· Kitchener Colin Vogel*/Peter Benninger**/ perfect medical practitioner looking forUnit short w/adjoining kitchene e for catering, many smaller Turn-key doctors office. 5 exam recep on, Located for directly behind grand riverrooms, hospital. is Finished office great OFFICE SPACE FOR LEASE for medical & service use. low Chris ·Kolednik** 1,413 SF ∙ $12.00/SF ∙ MLS: 30516996 ∙ Kitchener 3,436 SF · $26.00/SF ·es,MLS: 30554611 occupancy. Call &forstorage. moreCentrally info! PROFESSIONAL change room &Waterloo shower term boardrooms/kitchene e, medical 2 washrooms kitchene perfect for practitioner looking for short 1,800 SF • $15.00/SF • MLS# 30564411 •Waterloo ng common fees, on transit route, exis Chris Kolednik** Former bar/night club in University District. On-site Great location for Medical use. Gary Boudreau* facili Colin ∙Vogel*/Peter in high density residen al area. Traffic counts 1,957 es. SF ∙ $22.00/SF MLS: 30551894Benninger**/ ∙ Waterloo located term occupancy. Chris Kolednik** Good Exposure ErbStop, St. Unit site include on Short KW features Gaming, on Curves, drive-up parking. High exposure, traffic. over 41,000 cars. Strong tenant support, Shoppers tenants Chrishigh Kolednik** Great Opportunity to get in at the Lester groundTobin* level! 1,071 SF · $18.50/SF · MLS:30558620 · Waterloo parking, 4& private open work or more. offices and largeGary Boudreau* Sco abank Kitchener abank, Swiss ∙Chalet and 1,700 SF ∙ $7.00/SF ∙ MLS: 30554171 Drug Dollarama, ScoMLS:30558620 1,071Mart, SF $18.50/SF ∙in Waterloo Roman∙ Ginzburg* Many permitted uses allowed - unit divisible. Call for Main oor∙ opportunity well known, award winning classroom space. 1,957 SF · $22.00/SF · MLS: 30551894 · Waterloo many Lower level space. Ample parking. Gary Boudreau* more. Lester Tobin* Main oor opportunity in well known, award winning more SF information! Chris Kolednik** 752 - 26,000 SF · From MLS: building. High traffic intersection. Seconds away from 1,413 SF · $12.00/SF · MLS: 30516996 · Kitchener Great Opportunity to get in at $18.00/SF the ground· level! building. awayVogel* from I N D U S T R I A L / WA R E H O U S E 85. High traffic intersection. SecondsColin 30529258/30529248/30529120 · Breslau Many permitted uses allowed - unit divisible. ·CallNew for Hwy 1,900 SF • $19.25/SF • MLS# 30543088 Great location for Medical use. Gary Boudreau* 3,436 Development SF ∙ $26.00/SF MLS: 30554611 ∙ Waterloo 85. Colin Vogel* Retail in a∙ growing, underserviced area. Hwy $12.00/SF MLS:KW1537515∙ Kitchener more information! Chris Kolednik** Waterloo • Prime retail/Salon space in a very busy 839 SF ∙ F O R L ·∙E AMLS:KW1537515· S E / S A L E Kitchener SF · $12.00/SF · MLS:30538511 · Kitchener 839 SF · $12.00/SF Former of bar/night club ed. in University District. On-site Pad site with drive-thru is 1,184 Variety Uses permi neighbourhood plaza. Zoning allows many uses, the Finished office, great for medical & service use. low 1,184 SF · $12.00/SF · MLS:30538511 · Kitchener doctors office. 5 exam rooms, recep on, Finished office great for medical & service use. low drive-up parking.James HighBoudreau**/ exposure, Gary high traffic. Turn-key available. up for a salon. Roman Ginzburg* 3,436 SF · $26.00/SF · MLS: 30554611 · Boudreau* Waterloo unit Turn-is set e, 2 washrooms & storage. Centrally common fees, on transit route, exis ng Lester Tobin* kitchene Former bar/night club in University District. On-site located in high density residen al area. Traffic counts 16,217 tenants include Stop, KW Gaming,30552428 Curves, SF · Short $875,000 · MLS: AAA OFFICE SPACE AVAILABLE · MLS 30551734 · tenants include Short Stop, KW Gaming, Curves, 1,843 - parking. 5,947 SFHigh · $20.00/SF ·highKitchener drive-up exposure, Garyoff Boudreau* New Hamburg · Well located just hwy 7, 752 SF - 26,000 SF ∙ From $18.00/SF ∙ traffic. MLS: WATERLOO over 41,000 cars. Strong tenant support, Shoppers abank & more. Gary Boudreau* Sco · 114,033 SF · $11.50/SF · MLS:30505595/5597· New retail plaza Lester on Huron Rd. Tobin* abank, Swiss Chalet and well built building on 2 acres of land. Mart, Scotenant 30529258/30529248/30529120 ∙ Breslau ∙ New Drug over 41,000 cars.ed, Strong support, Shoppers lly Dollarama, finis ample parking, natural light with high traffic and exposure, ample on-site Beauti Ceilings from 13’ - 18’ clear. John Hoffman* many more. Retail Development in a growing, underserviced area. Divisible from Lester 21,000Tobin* SF. drive-up Lester· Tobin* 752 SF -parking. 26,000 SF · From $18.00/SF MLS: throughout. -thru is I N D U S T R I A L / WA R E USE many more. Lester Tobin* James Boudreau** 30529258/30529248/30529120 · Breslau · New 1,900 SF • $19.25/SF • MLS# 30543088 LIGHT INDUSTRIAL WITH RETAILH O EXPOSURE available. James Boudreau**/ Gary MLS: 30523827 · Boudreau* Kitchener 1,114 Development SF · $20.00/SF Retail in ·a growing, underserviced area. 532 Waterloo • Prime retail/Salon space in a very busy 15,520 SF · $5.50/SF · London · MLS: 30544783 SF · $1,050/mth · MLS:30526564 · Waterloo FOR LEASE/SALE 1,900 SF • $19.25/SF • MLS# 30543088 Last unit available w/high in centrally ed. Padexposure site with drive-thru is Newly Variety of Uses neighbourhood plaza. Zoning allows manyoor uses, well the Corner property with high traffic. Zoning permits renovated, nished office on 2nd 1,843 - 5,947permi SF ∙ up$20.00/SF ∙ Kitchener Waterloo • Prime retail/Salon space in a veryin busy located retail plaza.James DriveBoudreau**/ unit on high rd. in unit available. Garytraffic Boudreau* is set up for a salon. Roman Ginzburg* award winning building avail. for sublease. MLS:30505595/5597∙New retail Traffic plaza oncounts Huronover Rd. known, neighbourhood plaza. Zoning allows many uses, the many uses. Ample on-site parking. Lester Tobin* high density residen al area. Large windows, of natural light. High traffic 16,217 SF ·∙ $875,000 ·∙ MLS: 30552428 with high traffic exposure, on-site unit isOFFICE set up for aplenty salon. Roman Ginzburg* 40,184 cars. StrongSFand tenant support. ample Shoppers Drug AAA SPACE AVAILABLE · MLS 30551734 1,843 - 5,947 · $20.00/SF · Kitchener 7,909 SF · $5.25/SF MLS: 30555069 · Ayr intersec on sees almost 40,000 cars daily. 24/7· New ·∙ Well just New Hamburg Hamburg Well ·located located just off hwy 7, drive-up parking.Sco New Lester abank, Swiss Chalet andTobin* many Mart, Dollarama, WATERLOOreader · 114,033 SF · $11.50/SF MLS:30505595/5597· retail plaza on Huron Rd. electronic board on University Ave. Ideal for· well Seconds to hwy #401. Good clean industrial space. built building on 2 acres of land. well built building on 2 acres of land. 532 SF ∙ $1,050/mth ∙MLS:30526564 ∙ Waterloo more. Lester Tobin* Beauti lly finis ed, ample parking, natural light with high traffic and exposure, ample on-site professional office or personal services. Colin Vogel* Ceilings from 13’James Boudreau**/Gary - 18’ clear. John Hoffman* 909 SF ∙ $900/mo. ∙ MLS:30560474 ∙ Kitchener throughout. JohnBoudreau* Hoffman* on 2nd21,000 oor in well Divisibleofficefrom SF. Ceilings from 13’ - 18’ clear. drive-up parking. Lester Tobin* Newly renovated, finished Low cost office space. Utilities extra. Gary Boudreau* known, award winning building avail. for sublease. * Sales Representa ve James Boudreau** www.coldwellbankercommercial.ca * Sales Representative LIGHT INDUSTRIAL WITH RETAIL EXPOSURE 1,114 SF · $20.00/SF · MLS: 30523827 · Kitchener Large windows, plenty of natural light. High traffic LIGHT INDUSTRIAL WITH RETAIL EXPOSURE Email : Commercial@coldwellbankerpbr.com ** Broker MLS: 30544783 532 SF · $1,050/mth · MLS:30526564 · Waterloo 15,520 SF · $5.50/SF · London · ** Broker 15,520 SF ∙ $5.50/SF ∙ London ∙ MLS: 30544783 Last SFunit available w/high centrally 890 ∙ $1,890/Mth. ∙ MLS:exposure 30557318 in∙ Kitchener Newly renovated, nished office on 2nd oor in well Corner property with high traffic. Zoning permits locatedBasement retail plaza. Drivebehind up unitgrand on high traffic rd. in electronic reader board on University Ave. Ideal for Corner property with high traffic. Zoning permits Great space river hospital known, award winning building avail. for sublease. many uses. Ample on-site parking. Lester Tobin* al today! area. Traffic over professional office or personal services. Colin Vogel* many uses. Ample on-site parking. Lester Tobin* high density residenCall More units available. Chriscounts Kolednik** 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 abank, Swiss Chalet and many Mart, Dollarama, Sco www.coldwellbankercommercial.caelectronic Sales Representative reader board on University Ave. Ideal for Seconds to hwy* #401. Good clean industrial space. 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

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

8331512_1917

Please say you saw it in The Commercial Investor

* Sales Representative ** Broker

Volume 17 Issue 05

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 COLDWELL BANKER COMMERCIAL 7,909 SF ∙elevator, $5.25/SF ∙ MLS: 30555069 ∙ Ayr 975 SF ∙ $385,000 ∙ MLS: 30560590 ∙ Waterloo conveyor, alarm system, surveillance Seconds sprinklers, to hwy #401. Good clean industrial space. Fantastic Opportunity for the savvy business system, washrooms. Lester Tobin* PETER BENNINGER REALTY, 7.4BROKERAGE Acres · EXCLUSIVE · Waterloo

4,393 SF · $359,000 · MLS:30546489 · Kitchener Established franchise available in high traﬃc ∙ MLS:30545077∙ Kitchener 2,548 SFwith ∙ $249,000 location great tenant support. 160 seats. Full Elegant available. casual restaurant located in Lester Sportsworld training Tobin*

James Boudreau**/Gary Boudreau* investor. HANDS OFF Investment Opportunity. Great Crossing. High traﬃc, high exposure. Lester Tobin*

Large scale redevelopment opportunity with space to ON. run your business from. Chris Kolednik** 508 RIVERBEND DRIVE, KITCHENER, 9,360 SF · $6.50/SF · MLS: 30501592 · Kitchener 10-20,000 SF ∙ $4.41/SF ∙ Kitchener ∙ MLS: 30512810 current annual income over $800 k. Close to both 7,699 sf 16 dock shipping area. 1,661 sf office Universities. Bill Halpenny* PHONE: 519-743-5211 Ceiling height 13’ clear . (2) 8’ x 8’ loading dock doors w/drivers area, new doors, bright space! conveyor, elevator, alarm system, Johnsurveillance Hoffman* 66.58 Ac.· $2,200,000· EXCLUSIVE · Cambridge system, sprinklers, washrooms. Lester Tobin* Under consideration to change OP designation to 10-20,000 SF · $4.41/SF · Kitchener · MLS: 30512810 L A N D F O R S Peter A L EBenninger** 30,400height SF · 3.09 Ac.. ·(2)$3,400,000 | $10.00/SF Ceiling 13’ clear 8’ x 8’ loading dock doors industrial. 9,360 SF ∙ $6.50/SF ∙ MLS: 30501592 ∙ Kitchener 7.4 Acres ∙ EXCLUSIVE ∙ Waterloo MLS: 30525493/30525439 · Cambridge New finish conveyor, elevator, alarm system, ·surveillance 7,699 16 dock shipping area.some 1,661 sf Tobin* office D Large E V E Lscale O P M Eredevelopment NT L A N D opportunity FOR S Awith LE to foodsfsprinklers, grade, insulated panels, equipment, system, washrooms. Lester Acres · EXCLUSIVE · Waterloo w/drivers area, new space! 7.4 current income· over k. Close to both 3 . 5 8 Aannual c . · $875,000 MLS $800 : 30506497/30506504 spiral freezer,4 docks doors, Room bright to expand. Large scale redevelopment opportunity with John· Hoffman* Hoffman* Conestogo Excellent Universities. · Backs onto forested area. Bill Halpenny* John 9,360 SF · $6.50/SF · MLS: 30501592 Kitchener current annual income over $800 k. Close to both redevelopment opportunity. James Boudreau** 7,699 sf 16 dock shipping area. 1,661 sf office Universities. Bill Halpenny* 30,400 SF ∙ 3.09 Ac. ∙ $3,400,000 | $10.00/SF w/drivers area, new doors, bright space! 66.58 Ac.∙ $2,200,000∙ EXCLUSIVE ∙ Cambridge (+/-) Commercial/Retail · 2.94 Ac. MLS: New Under Ac. consideration to change OP designation to I N30525493/30525439 V E S T M E N T∙ Cambridge F O RJohnS∙Hoffman* A L Efinish 6.60 66.58 Ac.· $2,200,000· EXCLUSIVE · Cambridge $1,000,000 Per Peter Acre Benninger** · Exclusive to food grade, insulated panels, some equipment, (+/-)Residential· industrial. Under consideration to change OP designation to Tremendous Opportunity on major arterial road. spiral freezer,4 docks Room |to$10.00/SF expand. industrial. 30,400 SF · 3.09 Ac. · $3,400,000 Peter Benninger** Considerable exposure Lalong A N DOttawa F O St. R Concepts SALE John· Hoffman* MLS: 30525493/30525439 New finish D E V E L O P M E N T STUDENT RENTAL/ · Cambridge RE-DEVELOPMENT for res portion incl. 140 stacked town homes orL Ea 3 . 5 8 A c . ∙ $875,000 ∙ MLS : 30506497/30506504 D E V E L O P M E N T L A N D F O to food grade, insulated panels, some · equipment, $685,000 · Waterloo · MLS: 30564031 0.15 Acres 134 unit retirement homes or aR 134S Aunit . 5 8 A c . · ∙Backs $875,000 · MLS : 30506497/30506504 Conestogo onto forested area. Excellent spiral freezer,4 Room rental to location. expand. 3 4 bedroom building docks · Prime student retirement facility. Peter Benninger** · Backsopportunity. onto forestedJames area.Boudreau** Excellent John Hoffman*4 Conestogo redevelopment Ideal student re-development site. Currently redevelopment Boudreau** bedroom (student) rental property. HIGH DENSITY opportunity. MIXED USE James DEVELOPMENT

LAND FOR SALE

INVESTMENT FOR SALE

6.60 Ac Ac. · (+/-) Commercial/Retail Ac. Lester Tobin* 3.25 $4,250,000 · EXCLUSIVE · ∙ 2.94 Kitchener 6.60 Ac. (+/-) $1,000,000 Commercial/Retail · ∙ 2.94 Ac. (+/-)Residential∙ Exclusive Frontage on 2 major streetsPerat Acre the gateway to (+/-)Residential· $1,000,000onPer Acrearterial · Exclusive STUDENT RENTAL/ TremendousKitchener. Opportunity MLS: 30552610 · $ 4 , 2 5 0 ,RE-DEVELOPMENT 0 0 0 · Listowel downtown Excellentmajor access to Hwyroad. 401 Tremendous Opportunity on major arterial road. $685,000 ∙ Waterloo ∙ MLS: 30564031 ∙ 0.15 Acres Considerable exposure Ottawa Concepts Located in South Western Ontario, this European via Hwy 8 Directly on along proposed lightSt.rail transit Considerable exposure along Ottawa St. Concepts 4STUDENT bedroom building ∙Prime rental location. owned motel for the last student 30+RE-DEVELOPMENT years offers four route. for res portion incl. Peter 140 stacked town homes or a Benninger**/Colin Vogel* RENTAL/ for res portion incl. 140 stacked town homes or a Ideal re-development site. income Currently 4 134 unit retirement homes or a 134 unit seasonsstudent of· Waterloo business year $685,000 ·with MLS:consistent 30564031 · 0.15 Acres 134 unit retirement homes or a 134 unit Acres · EXCLUSIVE Waterloo round. Call rental forproperty. more details! bedroom (student) Lesterlocation. Tobin* Approx. retirement217 facility. Peter·Benninger** Benninger** 4 bedroom building · Prime student rental retirement facility.Being Farmed. Peter Call for info pkg! Region · Currently Chris Kolednik** Ideal student re-development site. Currently 4 Vogel* MLS: 30552610 ∙ $ 4 , 2 5 0rental , 0 0 0 ∙ property. Listowel HIGH HIGH DENSITY DENSITY Peter MIXEDBenninger**/Colin USE DEVELOPMENT DEVELOPMENT bedroom (student) MIXED USE COMMERCIAL INVESTMENT/RE-DEVELOPMENT Located in South Western Ontario, this European 3.25 Ac Ac ·∙ $4,250,000 $4,250,000 ·∙ EXCLUSIVE EXCLUSIVE ·∙ Kitchener Kitchener Lester Tobin* 3.25 Land: .1452 Ac. Buildings: 4,685 SF · Kitchener · MLS: owned motel for the last 30+ years offers four Frontage on 2 major streets at the gateway to 30555816 · $1,999,900$· Bundle being BUSINESS FOR SALE MLS: 30552610 4 , 2consistent 5 0of , 030 properties 0 income · Listowel seasons of business· with year downtown Kitchener. Excellent access to Hwy 401 sold as one in the Downtown Core. Current Net Located in South Western Ontario, this European round. Call for more details! Chris Kolednik** via Hwy 8 Directly on proposed light rail transit Income: $72,391.00 Call for details! Lester Tobin* owned motel for the last 30+ years offers four route. Peter Benninger**/Colin Vogel* COMMERCIAL INVESTMENT/RE-DEVELOPMENT seasons of business with consistent income 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 Approx. 217 Acres ·∙ EXCLUSIVE ·∙ core Waterloo sinceAcres 1985, located in uptown steps round..1452 Ac. CallBuildings: for4,685 SFmore Land: ∙ Kitchenerdetails! ∙ MLS: Established Approx. 217 EXCLUSIVE Waterloo 1,586 SF/0.12 Acres · MLS:30547706 ·Kolednik** $899,000 away for pkg! ·∙ Currently parkingBeing and Farmed. new LRTCall station. properties being Region 30555816 ∙ $1,999,900 ∙Bundle of 3 Chris Currently Being Farmed. Call for info infoLiquor pkg! Regionfrom Kitchener · Unique High Profile Location. Corner Lot license. Peter Vogel* Lester Vogel* Tobin* sold as one in the Downtown Core. Current Net Peter Benninger**/Colin Benninger**/Colin beside farmers market. Great redevelopment site, COMMERCIAL INVESTMENT/RE-DEVELOPMENT Income: $72,391.00 Call for details! Lester Tobin* . Lester Tobin* parking lot,Ac.etc Land: .1452 Buildings: 4,685 SF · Kitchener · MLS: 4,437 SF · $450,000 · MLS: 30516625 · Waterloo 30555816 · $1,999,900 · Bundle of 3 properties being Established B U Ssince I N1996, E S Smany F Olocations R S A throughout LE RETAIL OR REDEVELOPMENT SITE sold as one in the Core. PROPERTY Current Net Ontario. Family style restaurant with liquor license INVESTMENT / Downtown OWNER-USER 1,586 SF/0.12 Acres ∙ MLS: 30568446 ∙ $899,000 Tobin* and seating for 160 + 50 on patio. Lester Tobin* Income:SF$72,391.00 Call for details! Lester 4,982 · $1,562,500 · Waterloo · EXCLUSIVE Kitchener ∙ Unique High Profile Location. Corner Lot Three retail units & one 2 bedroom apartment 2,200 SF ∙· $89,000 $89,000 ∙ · MLS:30551440 MLS:30551440·∙ Waterloo beside market. redevelopment w/loft. Corner on 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 Lfarmers O Rproperty R E DGreat E V Enew LO PLRT MEN T Parking S site, I T E Established . Lester Tobin* parking lot, etc 2,419 from SF · $550,000 · MLS:new 30539874 · Kitchener 1,586 · MLS:30547706 and Acresample parking · $899,000 nearby. away on-site SF/0.12 parking and and LRT station. station. Liquor away from parking new LRT Liquor business. Sellers retiring after 20 Lester Tobin* Kitchener · Unique High Profile Location. Corner Lot Profitable Lester license. license. Lester Tobin* Tobin* INVESTMENT / OWNER-USER PROPERTY beside farmers market. Great redevelopment site, successful years! All equipment included. Lease is Gary Boudreau*/ James Boudreau** 4,982 ∙ $1,562,500 ∙ Waterloo ∙ · EXCLUSIVE Tobin* renewable. parking lot, etc. · MLS: 975 SF SF · $385,000 30560590 Lester Waterloo 30516625 ·∙ Waterloo 4,437 4,437 SF SF ·∙ $450,000 $450,000 ·∙ MLS: MLS: 30516625 Waterloo Three retailOpportunity units & one bedroom Fantastic for 2 the savvy apartment business Established since 1996, many locations throughout Established since 1996, many locations throughout $249,000 · MLS:30545077· Kitchener 2,548 SF · w/loft. on newOpportunity. LRT line. Parking investor.Corner HANDSproperty Great Ontario. Family style restaurant with liquor license INVESTMENT /OFF Investment OWNER-USER PROPERTY Ontario. casual Family style restaurant with liquor license Elegant located Sportsworld space SF run from. and 4,982 $1,562,500 ·nearby Waterloo ·Lester EXCLUSIVE on-site andto·ample parkingyour . business Tobin* seating for restaurant 160 + 50 on patio. in Lester Tobin* and seating 160 high + 50exposure on patio.. Lester LesterTobin* Tobin* Highfor traffic, Chris Kolednik** Three retail units & one 2 bedroom apartment Crossing. w/loft. property on new LRT line. Parking S E A F O O D RESTAURANT FOR SALE MR-25 Corner REDEVELOPMENT OPPORTUNITY S E A F OSFO D· $550,000 R E S T ·AMLS: U R A 30539874 NT F O R· Kitchener SALE and ample ∙ parking nearby. 2,419 on-site * Sales ve $765,000 ∙ Representa Waterloo MLS: 30571270 www.coldwellbankercommercial.ca 2,419 SF ∙ $550,000 Kitchener business. ∙MLS: Sellers30539874 retiring ∙ after 20 Lesterof Tobin* Existing income on properties comprising a 12 Profitable Email : Commercial@coldwellbankerpbr.com ** Broker Profitable years! business. Sellers retiring All equipment included.after Lease 20 is plex, 2-4 plex and 1-3 plex building. 281’ frontage on successful successful years! AllBoudreau*/ equipment James included. Lease is Gary Boudreau** 975 SF St. · $385,000 · MLS: 30560590 · Waterloo Regina Eric Frey* renewable. Gary Boudreau*/ James Boudreau** Fantastic Opportunity for the savvy business renewable. investor. HANDS OFF Investment Opportunity. Great 2,548 SF · $249,000 · MLS:30545077· Kitchener www.coldwellbankercommercial.ca space to run your business from. Elegant casual restaurant located in Sportsworld Chris Kolednik** Crossing. High traffic, high exposure. Lester Tobin*

INVESTMENT FOR SALE

3,500 SF · $199,000 · MLS:30539427· Waterloo 4,393 SF ∙ $359,000 ∙ MLS:30546489 ∙ Kitchener Prime location in Waterloo’s University District. Established franchise available in high traﬃc Liquor license for 15 people. High Income/High Sales location with great tenant support. 160 seats. Full and low rent. Lester Tobin*

training available.

Lester Tobin*

4,393 SF · $359,000 · MLS:30546489 · Kitchener EXCLUSIVE CAR WASH BUSINESS FOR SALEin · high Established franchise available traﬃc 3,500 SF · ∙Full $199,000 ∙ MLS:30539427∙Waterloo Brantford service, fully automated washFull in location with great tenant support. 160car seats. Prime location in Waterloo’s University District. major area. Lester trainingtraﬃc available. Lester Tobin* Tobin*

Liquor license for 15 people. High Income/High Sales

and lowSF Lester Tobin* · Waterloo 1,549 · · $139,000 $199,000· MLS:30514064 · MLS:30539427· Waterloo 3,500 SFrent. Take outlocation and delivery chicken wing franchise District. located Prime in Waterloo’s University CARWaterloo’s WASH BUSINESS FORDistrict. SALE ∙FullEXCLUSIVE in training Liquor license forUniversity 15 people. High Income/High Sales Brantford ∙ Full service, fully automatedLester car wash in provided. Tobin* and low rent. Lester Tobin* major traﬃc area.

Lester Tobin*

· MLS: Kitchener 1,280 SF · $89,000 CAR WASH BUSINESS FOR30554091 SALE · · EXCLUSIVE 1,549 established SF ∙· Full $139,000 ∙ fully MLS:30514064 ∙carWaterloo Well business since the 1970’s. High Brantford service, automated wash in Take out andarea. delivery chicken wing. Owner franchise located will train. income-high sales. No franchise major traﬃc Lester Tobin* in Waterloo’s University District. Lester Full training Tobin* provided. Tobin* · Waterloo 1,549 SF · $139,000 · MLS:30514064Lester Hot out Pot Restaurant Waterloo Take and delivery chickenFor wing Sale franchise located 1,280 SF ·∙ $89,000 ∙ MLS: 30554091 ∙ Kitchener $88,000 4,550 SF · MLS: 30558858 ·training Stylish in Waterloo’s University District. Full Well established businessin since the No 1970’s. High underground restaurant Uptown. franchise. provided. Lester Tobin* Located hotel. Great .tenant support. Owner will train. income-highin sales. No franchise Tobin* Lester Tobin* · Kitchener 1,280 SF · $89,000 · MLS: 30554091Lester Well established business since the 1970’s. High Hot Pot sales. Restaurant For . Owner Sale will Waterloo train. income-high No franchise $88,000 ∙ For 4,550 SF ∙ MLS: Stylish Commercial Real30558858 Estate Lester∙Tobin*

underground restaurant in Uptown. No franchise. Solutions in Canada's Technology

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

BUSINESS FOR SALE

Triangle, contact any one of our sales Ext. 3029 representatives, or call 519-743-5211.

Gary Boudreau *

For Commercial Real Estate Ext. 3020 James Boudreau **

Solutions in Canada's Technology Ext. Peter Benninger** Ext. 3000 3106 Mike Flynn *

Triangle, contact any one of our sales

Ext. Gary Boudreau * or call 519-743-5211. representatives, Ext. 3029 3118 Eric Frey* James Boudreau ** Steve Gerakopulos*

Ext. 3020 3037

Roman Ginzburg* Mike Flynn *

3103 Ext. 3106

Peter Benninger**

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

Ext. 3000 Ext. 3029

3120 Ext. 3118 Ext. 3020

Ext. 3037 3040 Ext. Ext. 3106

Ext. 3103 3106 Ext.

Ext. 3118

Ext. 2099 Ext. 3120

Ext. 3037 Ext. 3023

Ext. Ext. 3040 3103

Ext. 3117

Ext. Ext. 3106 3120

Eric JohnReiner* Hoﬀman*

Ext. Ext. 2099 3040

Eric Reiner* Harmony Voisin*

2099 Ext. 3117

Lester Tobin*

Ext. 3023

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

Email : Commercial@coldwellbankerpbr.com ** Broker

* Sales Representative Harmony Voisin* Ext. 3117 ** Broker

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

* Sales Representative ** Broker

8171433_1917

Please say you saw it in The Commercial Investor

Volume 17 Issue 05

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

519.742.7000 www.coupalmarkou.com

SALE

BUSINESS OPPORTUNITY, WATERLOO

KITCHENER, ONTARIO

SALE

• 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

• 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

1917_DJW_3_0008

SALE

1001-1007 KING STREET EAST, KITCHENER

SALE

1677 SYNDERS ROAD EAST, PETERSBURG

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. • $699,000 MLS 1917_DJW_2_0009

SALE

1750 ERB'S ROAD, ST AGATHA

ER D N U CT A R NT CO • Rare 0.34 acre re-development site • High profile frontage on King Street East & Charles Street East • Located close to future LRT terminal • $749,000 1917_DJW_0077

SALE

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

1917_DJW_1_0060

ELMIRA, ONTARIO

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

EXCLUSIVE

154 SHELDON ROAD, CAMBRIDGE

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

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

1917_DJW_3_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

1917_DJW_2_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_1917

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

SALE

• Well established Rawlicious franchise • Unique business that helps both the customers and community they operate in • 920 sq ft • $89,000 1917_DJW_4_0010

LEASE

25 INDUSTRIAL DRIVE, ELMIRA

LEASE

MLS

1917_DJW_1_0049

#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 1917_DJW_2_0033

MLS

LEASE

• 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

1917_DJW_3_0031

• 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

LEASE

BUSINESS OPPORTUNITY, WATERLOO

535 BELMONT AVENUE WEST, KITCHENER

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

1917_DJW_4_0022

LEASE

#2 - 373 BRIDGE ST W, KITCHENER

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

EXCLUSIVE

1917_DJW_2_0051

LEASE

94 WELLINGTON ROAD 6, ELORA

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

1917_DJW_3_0050

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 1917_DJW_5_0021

120-122 KING STREET NORTH, WATERLOO

MLS

1917_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_1917

Please say you saw it in The Commercial Investor

Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 05

Franchise & Business Opportunities Advertising Sales Contacts

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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.

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SOUTHWESTERN ONTARIO

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NewSectionPages_FullColor2015.indd 3

2015-03-19 3:47 PM

legallyspeaking

More than what you bargained for Inheriting tenants with a commercial property

sually a home or property inspector can give you a good idea of the condition of the real estate you are buying. Unfortunately, the one thing an inspector cannot tell you is whether tenants will come with the property, and if they are any good. Purchasing a commercial property with existing tenants can be a great way to hedge investment losses in the property. In addition, having them there will save you the time and expense of advertising to fill vacancies and can help you secure financing for the purchase of the property. However, beware. Having tenants brings with it exposure to several types of liability, in many cases dictated by the commercial lease in place and real estate law. As a landlord it is important to understand there may be certain obligations for which you are responsible and understanding these obligations is critical to ensure you get what you bargained for. Prior to purchasing a commercial property where you will be inheriting tenants: MEET THE TENANTS. It is important to discuss with them any complaints that they have with the property. This will help you gauge whether you will have a good working relationship with your future tenants, and will also provide valuable insight into potential issues with the property. If you have many tenants, or you do not want to deal with your tenants directly, discuss the options for engaging a property management company with your lawyer. KNOW YOUR RIGHTS. When you purchase a commercial property, any leases relating to the property will usually be assigned to you at the time of closing. If you consent to this assignment you will be bound to the terms of those leases. For example, these obligations could require that you remove snow from driveways, install or maintain security systems, pay for utilities, etc. Generally speaking, existing leases and then the Ontario Commercial Tenancies Act will govern your relationship with the tenant going forward. KNOW YOUR TENANT’S RIGHTS. The lease will describe your tenant’s rights and the remedies he or she has against you if a dispute arises. These remedies may include abatement of rent payments, court or arbitration, or even cancellation of the lease. Be sure to have a lawyer review the lease and explain how you may be exposed to liability. REVIEW THE LEASES PRIOR TO PURCHASE. The leases will list your responsibilities to the tenant and vice-versa.

These rights are impacted by the law relating to commercial tenancies as well. Be sure to make ‘Review the leases by your lawyer and that they meet his or her satisfaction,’ a condition of any agreement of purchase and sale. If you don’t like what you hear, it is not necessarily the end of the deal; you may be able to renegotiate the terms of the lease or the agreement of purchase and sale. Commercial leases are very complex and intimidating documents; however, understanding your obligations

When you purchase a commercial property, any leases relating to the property will usually be assigned to you at the time of closing. and your tenants’ rights will allow you to feel comfortable knowing that your exposure is limited. These documents function to maintain stability, predictability and in short, the status quo. Landlord-Tenant disputes often arise when a lease obligation is not being fulfilled or is unable to be filled, resulting in issues with the property. Ideally, the landlord and tenant should keep a good relationship in order to be able to resolve these disputes amicably without resorting to the court system or other formal dispute resolution mechanisms. Commercial leases require a lawyer familiar with the concepts and the law. Find a lawyer that has experience in the area because you will need a lawyer just as much after your closing as you did before. 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.

Volume 17 Issue 05

Commercial Real Estate & Business Opportunities

FOR SALE

200 MAIN STREET, PORT DOVER

Smart From Home Realty Limited, Brokerage Tel: 519.880.8866

vtek@rogers.com

FAMOUS NORFOLK TAVERN

519.654.6544

Southwest Ontario

1917_DJW_0076

1917_DJW_0075

Sales Representative

$1,700,000

5 - 6 PLEX UNITS IN LONDON

Downtown on Main Street in the heart of Port Dover. 133' of frontage with a total area of .5 acres. Mixed use with well established bar/restaurant on main floor, basement and patio. Total capacity approx. 400 patrons. Residential on second floor. Approximately 10,000 sq. feet. Very large parking lot with front and side access. Sales in excess of $1,000,000.00/yr. Building has had numerous improvements in past several years. Great development potential with available abutting property.

• Mostly renovated. • 3 - 2 and 1 bed units. • Gross over $50,000. • Buy all or choose one.

For inquiries please email Paul Hosack at hosack@mhnlawyers.com

11316440_1917

10863226_1917

11316439_1917

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

865 Dundas St., Woodstock

Office: 519.539.5646

DON PATCHETT

JIGAR PATEL

Sales Representative

don@donpatchett.com

jigar.patel@century21.ca

519-421-8911

519-535-8048

DEVELOPMENT OPPORTUNITY MINUTES TO WOODSTOCK! 1917_DJW_0080 1917_DJW_0081

2.5 acre property with store, gas bar and residence. Zoned HC (Highway Commercial), on Highway 59 south of booming Woodstock, ON. High visibility, great opportunity to redevelop. Contact listing agents for complete list of permitted uses. Please say you saw it in The Commercial Investor

Commercial Real Estate & Business Opportunities

60 MEG DRIVE The Sale, Leasing & Management of Real Property

UNIT 3 LONDON, ON

Southwest Ontario

SALE | $269,900.00 Well finished modern office space, minutes to 401 and 402. 2400 sf, built out as six nicely finished offices, kitchen/lunchroom, reception, boardroom.

Peter Mullins, CCIM Broker of Record

Own your office.

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

peter@petermullinsrealty.com 11281976_1917

11314609_1917

Please say you saw it in The Commercial Investor

Volume 17 Issue 05

Commercial Real Estate & Business Opportunities

Ben Chauveau

Sonia Rex Broker

Sales Representative

c: 519-755-8651

c: 226-388-3202 11316351_1917

GREAT RESTAURANT FRANCHISE FOR SALE PARIS, ON.

DEVELOPMENT LAND PORT DOVER, ON.

MOTEL FOR SALE PORT DOVER, ON.

Brant Hill Inn, 30 John St.

Eggsmart, 156 Dundas St. E.

Wonderful, turn-key operation available in a great community! Fully equipped 13 unit inn (12 units, 1 master suite) in Port Dover for sale. Perfect opportunity for owner/occupier to live in and run a great business. Licensed restaurant with bar and patio. Short walk to downtown and lake.

Prime development land in the heart of Port Dover off of Highway 6, a stones throw from the marina. There is a small property on one edge of land. Land's zoning previously approved for a three storey building with 28 residential units.

1917_DJW_0021

1917_DJW_0022

11310678_1917

$1,190,000

29 Brown St.

Established, successful Eggsmart franchise for sale (Business only). Building, restaurant & chattels in excellent condition. Fantastic location between Brantford and Paris. Cost of transfer of franchise included in purchase price.

$219,000

$850,000

1917_DJW_0023

ROYAL LEPAGE BRANT REALTY INC. BROKERAGE

JASON TBROKERAGE ANGORRA REAL ESTATE BROKER/OWNER

209-1543

(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

SALES REPRESENTATIVE

519-759-6800

$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)

JOHN DIGNAN

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

Royal Lepage Brant Realty Inc. Brokerage 519-759-6800

Volume 17 Issue 05

Commercial Real Estate & Business Opportunities

RENATE SIEBER-SCHLEGEL Broker of Record 262 Josephine St., Wingham www.remaxlandexchange.ca Office: 519-357-3332

Land Exchange Ltd. Brokerage Independently Owned and Operated Southwest Ontario

194 JOSEPHINE STREET, WINGHAM

Cell:

519-531-1177 11264376_1917

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 openconcept kitchen/living room/dining room with cathedral ceiling. Call Listing agent for private. MLS #454477 1917_DJW_3_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, cars, lumber. 1917_DJW_2_0031 1917_DJW_2_0032

BUSINESS ONLY

$4,700,000

355 JOSEPHINE STREET, WINGHAM 2500 sq. ft. of prime Commercial space, downtown Wingham. Ideal for restaurants, retail, service and more. Lots of parking. MLS #939980.

$15.00 PER SQFT

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

1917_DJW_8037

1917_DJW_3_0011

1917_DJW_1_0012

Sutton - Huron Shores Realty Inc. Brokerage Independently Owned and Operated

606 Goderich St., Port Elgin, ON N0H 2C0

519-797-1007 HWY COMMERCIAL/ RESIDENTIAL

LOCATED IN THE CENTRE OF PORT ELGIN

1-888-727-1007 164 Albert St. S., Southampton $479,900

Brian Shular

Broker of Record

Doug Freiburger

Sales Representative

EXCELLENT RESTAURANT OPPORTUNITY

Kaitlyn Shular

Sales Representative

199 High St., Southampton $559,900

Hwy Commercial & Residential 5 Bedroom/2.5 Bath Home Century Home 600 Amp, Heated, Insulated Shop, Located on a Prime Section of Hwy 21 The Option’s for this Property are Plenty MLS # 411048000115200

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

1917_DJW_0040

1917_DJW_3_0040

583 Catherine St., Port Elgin $499,999

PRIME HWY COMMERCIAL

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 1917_DJW_3_0041

5097 Hwy. 21, Port Elgin $524,500 Located on 3/4 Acre in a Prime Commercial Area Large Parking Lot, Currently a Small Engine Shop Includes Separate 1100 sq. ft. Rental Space Business & Inventory Negotiable MLS #411044000520500 1917_DJW_1_0042

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

11239820_1917

Please say you saw it in The Commercial Investor

New

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION

HAMILTON

HAMILTON 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 5

2015-03-19 3:47 PM

inthenews

Small business growth hits level not seen in almost a decade: CIBC Capital Markets

hile self-employment has risen noticeably slower than paid-employment since the beginning of the decade, Canadian small- and medium-sized enterprises (SMEs) have been creating a more significant share of jobs since 2010, finds a new report by CIBC Capital Markets. Between 2010 and 2016, 42 per cent of new jobs were created by businesses with less than 100 employees, up from 30 per cent between 2000 and 2010.

“Beyond the threshold of five employees, there is a clear positive correlation between size and growth, with larger firms within the SME spectrum seeing progressively stronger growth recently,” says Benjamin Tal, deputy chief economist, CIBC, who co-authored the report, Canadian SMEs: Strength Beneath the Surface, with Senior Economist Royce Mendes. “What’s more, the share of larger SMEs has risen to a level not seen in almost a decade,” Mr. Tal says, noting the trend is particularly strong west of Quebec.“Each province from Ontario to B.C. has exhibited a growth rate of more than nine per cent in the number of companies with employees.” In 2016, more than 350,000 businesses were created and just under 300,000 exited, with the entry rate (the ratio of business creation to total businesses) on the decline since 2004 while the exit rate has been more stable, despite the impact of the fall in oil prices a couple of years ago. “Small business optimism has been grinding higher since bottoming out early last year and appears headed back to levels seen prior to the oil price shock,” Mr. Tal says.“With the Canadian economy in recovery mode, the environment for small businesses remains constructive.” And while the World Bank ranks Canada as one of the best places to start a new business due to access to capital and a favourable tax regime, the report highlights several gaps, including access to financing for certain business. “From companies with high growth rates to those with young owners, some SMEs do face more acute issues finding financing,” Mr. Tal says.

The report also highlights that women remain an untapped resource in the SME space. “Female participation in the workforce has made significant progress over the past few decades, but entrepreneurship remains an area that could see improvement,” Mr. Tal says. “Female majority ownership in the SME space represents less than 20 per cent of all businesses, and recent progress has been slow in coming.” Another gap is youth entrepreneurship. Canadians between the ages of 25 and 39 comprise more than 25 per cent of the population, yet represent less than 15 per cent of small business owners and less than 10 per cent of medium-sized business owners. Canadians aged 50 to 64 years, by comparison, also represent about 25 per cent of the population but this group represents 47 per cent of small business owners and 51 per cent of medium business owners. “One reason for this discrepancy could be related to their access to financing. Remember that companies with younger owners face much more difficulty when trying to externally fund their business,” Mr. Tal says.“It will be important to watch this segment of the population as Canada tries to compete with other countries in the tech landscape, which is more tilted toward younger business owners than other industries.” Canadian SMEs have also been slow to expand revenue sources outside of Canada and North America. “SME revenue continues to be geographically concentrated in North America, creating risk,” Mr. Tal says.“Currently only 10 per cent of SMEs are involved in any sort of exporting at all, and roughly 90 per cent of those companies are sending their wares to the U.S. In the current political environment, it has become a risky proposition to focus solely on the U.S. market.” The report notes that there is room to increase the ratio of Canadian goods and services being exported to Asia and Latin America. “The age of digital connection has made it much easier to send Canada’s high-end service exports all over the world, something many SMEs could benefit from,” Mr. Tal says. CIBC is a leading Canadian-based global financial institution with 11 million personal banking and business clients and three major business units – Retail and Business Banking, Wealth Management and Capital Markets. Visit cibccm.com for more information on CIBC and CIBC Capital Markets.

Hamilton

1083 MAIN ST E

21 JOHN ST S

FOR SALE

FOR LEASE

58+1 unit apartment building on a major Hamilton arterial across from 71-acre Gage Park.

26,000 SF of prime brick and beam office space located directly behind the Royal Connaught.

55 OAKDALE AVE

FOR SALE

FOR LEASE

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

Very close access to Hwy 406 Two loading docks available for Unit 4 and drive-in access for Unit 3.

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

Unit 4

11311315_1917

HAMILTON, ONTARIO

Volume 17 Issue 05

Commercial Real Estate & Business Opportunities

Hamilton

11292930_1917

11294991_1917

Mazhar Roshan Sales Representative

905.929.9800 647.609.9463 905.574.6400

HomeLife Professionals Realty Inc.

Direct GTA Direct

BROKERAGE Office

mazharroshan@sympatico.ca HAMILTON - $249,900

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.

FOR LEASE $22.00 PSF

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

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.

1917_DJW_1_6622

RETAIL STONEY CREEK MOUNTAIN

Located in highly growing neighbourhood on Stoney Creek Mountain next to new Walmart & Financial Institutes, in a plaza with 3310 sq ft retail space available (can be divided). Other tenants include drive thru Tim Hortons, Esso Gas Station, Avondale, Gino Pizza & many more. TMI is estimated 10.00 PSF, immediate possession avail. 1917_DJW_1_0024

1917_DJW_2_0050

I HAVE QUALIFIED BUYERS FOR YOUR GAS STATION, CONVENIENCE STORE, RESTAURANT OR BAR. CALL TODAY TO GET IT SOLD!

“My Business is to Sell Your Business”

Please say you saw it in The Commercial Investor

Volume 17 Issue 05

Commercial Real Estate & Business Opportunities

Roman Spytkowsky, Broker 905-528-8956 ext. 4190 email: romans@efforttrust.ca

Realty Brokerage

242 Main Street East Hamilton

Down town Dundas. 1030 sq.ft. on main floor with a lower level included. Excellent for Accountant, Salon, Driving School. Asking $2,000 per month plus utilities. 829 WOODWARD AVENUE HAMILTON (INDUSTRIAL)

617 PARKDALE HAMILTON (INDUSTRIAL)

755 SOUTH SERVICE ROAD (QEW FRONTAGE)

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

2nd floor office space of approximately 910 sq. ft. QEW frontage.Well looked after building multi tenanted. Quick to QEW. $9.75 per sq. ft. base. One private office, open area, server room and 2 piece bathroom.

1917_DJW_0044

1917_DJW_0045

Hamilton

DUNDAS 1,030 SQ.FT. (COMMERCIAL)

WESTDALE MEDICAL BUILDING

HUNTER STREET HAMILTON (COMMERCIAL OFFICE)

4,864 sq. ft. of Industrial space with large overhead door drive in. Warehouse or storage. This is a fenced facility. Seconds to Burlington Street.

Approx. 1,060 sq. ft. space on 2nd floor. Multi tenanted property with plenty of parking. Well looked after building with elevator. Excellent location. Asking $22.00 per sq. ft. gross. Landlord will build out for Tenant depending on length of term and strengh of Tenant.

1917_DJW_0046

1917_DJW_0047

Fantastic standalone building with 2 floors fully finished. Main floor consists of foyer, reception, kitchen area, 2 piece bathroom and Master Office. Lower level consists of 2 offices, 4 piece washroom and storage. This is a grand building with a lot of curb appeal, set up for law practice, accountant, medical etc.Very professional look both inside and outside as well. 1917_DJW_0048

2ND FLOOR OFFICE SPACE

COMING SOON MOHAWK ROAD OFFICES

2,744 sq. ft. of individual offices, reception, kitchen, boardroom, administration, male and female bathroom. Customer and staff parking. Across from Central Mall. $2500 per month plus utilities.

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

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HAMILTON INDUSTRIAL APPROX 5,098 SQ. FT.

1917_DJW_0051

Approx. 14,635 sq. ft. Currently 2 units but could be split into one unit of 9,771 sq. ft. and another of approx. 4864 sq. ft. Drive in over head doors and approx. 2,500 sq ft of office space in the 9,771 sq ft section. Asking $5.50 per sq ft base. 1917_DJW_0050

DOWN TOWN DUNDAS COMMERCIAL 1,140 SQ. FT.

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

INDUSTRIAL SPACE HAMILTON

Main floor commercial unit with plenty of parking and street parking as well. $15.00 per sq.ft. plus taxes.

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

Available June 1st. Warehouse, loading dock and offices. 1 unit or 2 side by side. Very quick to QEW. Near Fruitland Road and South Service Road. Call for details 1917_DJW_0052

Volume 17 Issue 05

Commercial Real Estate & Business Opportunities

SHAWN DOIRON

SALES REPRESENTATIVE

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

11315388_1917

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 Ridge Mall on dominant retail corridor. Excellent exposure to high traffic street with easy access to E/W LINC Expressway. The HAMILTON CENTRAL MOUNTAIN lease 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 1100 SOUTH SERVICE RD., STONEY CREEK

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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.

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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

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Get The Com

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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

30 ACRES

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.

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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!

Commercial Real Estate & Business Opportunities FOR

FURTHER INFORMATION:

JOHN HRYCZYNSKI BROKER

(905) EMAIL:

JOHN@BBSREALTY.COM

WWW.BBSREALTY.COM

REAL ESTATE BROKERAGE COMMERCIAL

529-5900 X 240

COMMERCIAL REAL ESTATE

REAL ESTATE SALES AND LEASING SERVICES

246 DUNDURN ST. S. HAMILTON Just listed, a free standing commercial/residential building in prime West Hamilton location. Ideal owner/user property, live/work set up for a ground floor office, retail or restaurant use with a charming 2nd floor 1 bedroom suite having a large open living area with open kitchen & 4-pce bath. Building is in good condition and has a large usable basement and 3 car parking on 36' x 95' lot. Asking only $729,900.00

OFFICE & RETAIL FOR LEASE

RETAIL/OFFICE FOR LEASE

NEW RETAIL PLAZA FOR LEASE 1917_DJW_1_0069

DOWNTOWN HAMILTON BUILDING LOT Prominent downtown corner development site on 2 major streets and future LRT route. Zoned D2 the site is ideal for a mixed use high-rise commercial/residential development. Phase II ESA report available. Asking price $1,495,000. Call agent for details.

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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.

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FREE STANDING BUILDING FOR SALE

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CORNER LOT FOR SALE

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INVESTMENT PROPERTY FOR SALE

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.

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 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.

INVESTPRO REALTY LTD.,

VMYSL

BROKERAGE

Specializing in Multi-Residential Listing and Sales

Dino Nicosia, Broker of Record

Direct: 905-870-5852 dino@investprorealty.com 9 UNITS, HAMILTON MOUNTAIN

“Your Investment Partner for Life”

www.investprorealty.com

Kandy Thompson,

Sales Representative

Direct: 289-244-5627 kandy@investprorealty.com LEGAL 4 UNITS

NEW LISTING, 7 UNITS NR. DOWNTOWN HAMILTON CE

ASKING $1,399,000. Great location, with huge potential. For all details visit our 1917_DJW_0054 website.

Great location. Rents have upside. Parking for each tenant. For more details visit our website. 1917_DJW_2_0037 Asking price $999,000.

Great St. Catharines rental area. No vacancies! Good cash flow. Asking $434,900. For details, 1917_DJW_3_0024 please visit our website.

8 UNITS, HAMILTON DOWNTOWN CORE

4 UNITS, HEART OF DOWNTOWN, HAMILTON

20 UNITS, EAST HAMILTON

W NE

SOLD NAL ITIO OND

C Asking $1,299,000. Many recent improvements. Visit our website for details. 1917_DJW_2_0007

2 luxury residential units, over 2,000 sq. ft. each. Plus 2 commercial spaces. Rent has room for upside. 1917_DJW_4_0008 Visit our website for details.

Fantastic Investment. Mostly seniors. Very large 2 br. units. Asking $2.8 mil. Rents have huge upside. 1917_DJW_3_0009 Visit our website for details.

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

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Hamilton

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Volume 17 Issue 05

Commercial Real Estate & Business Opportunities

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

Hamilton

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

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

Please say you saw it in The Commercial Investor

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

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It’s all about the NOI.

Volume 17 Issue 05

27 8171394_1917

Commercial Real Estate & Business Opportunities

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

BEFORE RENOS

AFTER RENOS

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

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

Please say you saw it in The Commercial Investor

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

Hamilton

•

Volume 17 Issue 05

Commercial Real Estate & Business Opportunities

Larry Szpirglas BROKER

Christine Kiriakopoulos

larryszpirglas@royallepage.ca

SALES REP

Christinek@royallepage.ca

Tel: 905.648.4451

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1917_DJW_1_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.

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

E P $1DU RIC 19 CE E ,0 D 00 TO

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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 $119,000. 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

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Please say you saw it in The Commercial Investor

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Volume 17 Issue 05

Commercial Real Estate & Business Opportunities

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

4011 HWY 6, HAGERSVILLE $1,590,000

4 FIELD RD, NANTICOKE $729,900

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.

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.

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

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289 BROOKLIN RD, NANTICOKE - $699,000

103 CEDAR DR TURKEY POINT - $649,000

521 WENTWORTH ST N., HAMILTON - $469,900 OR $4500 PER MONTH

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.

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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.

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78 MORLEY CRESCENT, HAMILTON - $450,000

33 MAIN ST N, WATERFORD - $399,000

LOT ON FIELD ROAD - NANTICOKE $239,900

Rare, profitable Hmltn Sign Manufacturing/Printing/Design/ Installation Business for sale! 7 employees operating daily business smoothly, Sign Business knowledge-NOT a prerequisite. See att. equipment sch. 5300 sf block building w/ compound available @ $2500/mth NET/NET/NET lease. P & L avail/serious Buyer's only!

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!

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.

2007 MAIN STREET SOUTH, JARVIS $125,000

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

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

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!

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

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.

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Please say you saw it in The Commercial Investor

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Hamilton

8171399_1917

RE/MAX Escarpment Realty Inc Brokerage

GREATER TORONTO AREA

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

GTA SECTION

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

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Lic.#10238

1-877-777-7308 info@themortgageleaders.ca

Volume 17 Issue 05

Commercial Real Estate & Business Opportunities

Sk yView s CMH C ANNOUNCES CH ANGES TO MULTI- RESIDENTIAL PROGRAM by Vito Campisi, MCAP Financial Corporation

M as underta en a re ie of its multi unit mortgage loan insurance rogram ic as resulted in a num er of c anges and en ancements including

ome surc arges a e een eliminated

• n anced e i ilities for afforda le ousing • Polic c anges su orting artici ation in e rental mar et segments •

re ised remium sc edule see sc edule re roduced elo ome salient facts are

T e remium rate c anges er sc edule elo effecti e Ma 1 T e on ecourse loan T increased to T from

le el T

een

Greater Toronto Area

T e uarantee structure for e isting loans as een sim lified and t e requirement is for a guarantee of of t e outstanding loan amount o ing under t e mortgage from time to time n addition to eliminating t e guarantee scale according to T le el t e guarantee amount ill e ased on t e outstanding loan alance from time to time T e loan T le el uarantors onl can is an increase from t for a loan at T on

for loans it or orate e as ig as T T is e T T e Premium is

esidential com onent not to e ceed

total gross oor s ace nor of t e total lending alue Pre iousl it as alt oug olic e ce tions ere considered T e ma imum T for non residential loan remains at T M is im lementing t e ental on struction inancing initiati e T is initiati e encourages t e construction of ne rental ousing ma ing lo er cost loans a aila le to ousing de elo ers and munici alities during t e earl stages of ro ect de elo ment i e construction initial occu anc eriod including sta ili ation to million in loans ill e a aila le eac ear for four ears starting in 1 to encour age t e construction of more t an 1 ne rental ousing units afforda le to middle class anadians Pro ects must meet minimum re quirements for financial ia ilit afforda ilit en erg efficienc and accessi ilit or M

information e site at

ou can isit t e cm c ca multi unit

Article Prov ided By: ito am isi enior irector M P inancial or oration ito cam isi mca com mca com

8647857_1917

Please say you saw it in The Commercial Investor

Volume 17 Issue 05

Commercial Real Estate & Business Opportunities

WARNING! Avoid The Seven Costly Mistakes That Cost Commercial Property Buyers Thousands of Dollars! New Report: Identifies the seven most common mistakes that Buyers make when acquiring commercial property Call 1-800-834-2914 to receive the FREE REPORT and Join our VIP Buyers List

Sales Representative

The Commercial Real Estate Experts

Royal Lepage Your Community Realty, Brokerage

2 PROPERTIES FOR SALE - TORONTO 45â€™ X 171â€™ Development site Single family, semi or multi plex Parkdale rooming house with 21 units Some self-contained NOI +/- $138k - GREAT CASH FLOW Lorenzo DiGianfelice, Broker of Record & Owner ldigianfelice@cfrealty.ca Commercial Focus Realty Inc. 35 The Links Rd #201, Toronto, ON, M2P 1T7 / 416-907-8281 p 11302038_1917

Please say you saw it in The Commercial Investor

Greater Toronto Area

Cole Braithwaite, CCIM

11316260_1917

No Hassel or Sales Pitch

Volume 17 Issue 05

Commercial Real Estate & Business Opportunities

Commercial Team In Canada! *

All-Stars

+ +

The PB Team Realty Brokerage Independently Owned And Operated

**Sales Representatives Broker of Record

www.PBcommercialteam.com

MAIN/DANFORTH - MEDICAL CENTRE LEASE SPACE

LIMITED TIME!

Excellent Terms for Family Physicians! Call Now Limited Time!

1917_DJW_2_0118

DIXIE/HWY 401 RETAIL/PROFESSIONAL CONDO UNITS

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 1917_DJW_3_0001

EAST GARAFRAXA 239 ACRES

Opportunity! Opportunity! Opportunity! Excellent investment opportunity! 239 acres minutes from high density population! Loaded with potential! Possible golf course. Not in the greenbelt. $8,800,000. Call George 416-554-7653. 1917_DJW_0036

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_1917

Greater Toronto Area

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.

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

FOR SALE 1.5 ACRES WITH SMALL BUILDING AND (OPEN STORAGE) FOR SALE! GOOD FOR

•FOR

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

•

D OR RF E E N TH JA RU &

I TA

CONTRACTORS YARD, TRUCK REPAIR OR BUILDING MATERIALS. OUTSIDE STORAGE •

KEELE ST & MAJOR MACKENZIE DRIVE VAUGHAN

LOTS OF PARKING -BOTH SIDES OF BLDG - REAR & FRONT!

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. 1917_DJW_1_0085

• 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 - Now $629,000 - Floor to ceiling windows - Must see this unit to believe!

1917_DJW_1_0081

7200 SQUARE FEET BUILDING FOR LEASE IN STOUFFVILLE

FOR SALE • Investment property • 2.5 acres open storage Stouffville. • Approx 5% Cap Rate

EN GE OP RA O ST

• Near Hwy 404 with open storage zoning. • 5 large drive in doors • Asking $14,700 monthly plus TMI. 1917_DJW_1_0032

1917_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

JUST LISTED IN DOWNTOWN ST THOMAS

$449,900

}

ATTENTION INVESTORS

Do you have children attending the University of Western Ontario?

1917_DJW_1_8032

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

Centrally located in downtown St. Thomas. This is a package including bungalow & a commercial zoned office with multi family ptential 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! Priced at $449,900.

1917_DJW_0025

Why pay rent when you can invest in this 3 bedroom gem close to transit & shopping. $199,900.

NELSON CONROY

JAMIE HANKE

nelsonconroy@royallepage.ca

jhanke@royallepage.ca

Sales Representative

519-672-9880 11303359_1917

MINUTES TO FANSHAWE COLLEGE!

London South - 334 Wellington Road S, N6C 4P6

Please say you saw it in The Commercial Investor

11308051_1917

•

Commercial Real Estate & Business Opportunities

Greater Toronto Area

Volume 17 Issue 05

11316481_1917

Commercial Real Estate & Business Opportunities

Greater Toronto Area

11208873_1917

What our clients are saying about us H

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

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

t: 226.314.1600 e:

Sales Representative

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)

ION!

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1715_D

JW_008

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BSCRIPT

FC_4115

FREE SU

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

Volume 17 Issue 05

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

Sale of Wholesale Gift Store

Owner Retiring after 15 years of successful operations. Approx 5000sqft of retail space with good income. All inventory, cash register and shelving included. Seller will train.$600,000. ID#CE325 *Based on 2016 Sales Volume

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. SPA

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#CE414

We Have Buyers!

for Truck Parking a Looking Yard.

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

TRANSPORTATION BUSINESS

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#CE9 RESTAURANT RELATED

Excellent Location In The Heart Of Mississauga Well Established & Fully Equipped Restaurant Business For Sale. Low Rent With Option To Renew! $110,000. ID#CE200

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.

MESSAGE OF THE WEEK! “Secure High Returns With Commercial Investments As The Govt. Has Taken Strong Measures To Cool Down The Market.”

* Salespersons: Jenny Zhou; Sarah Winter; AJ Lamba (Broker); Ankit Malhotra; Naveed Zafar

EVAN EKSTEIN, Sales Representative Royal LePage RealEstate Services Ltd. 416-921-1112 direct 647-408-8774

1917_DJW_0060

1917_DJW_0062

1917_DJW_0061

1917_DJW_0063

Amazing investment opportunity to acquire an Esso Gas Station with stainless steel tanks, convenience store and 4 bedroom 2017 square foot house. Sales Reports, Environmental phase 1 and 2, tank tests and more information available upon request. Please say you saw it in The Commercial Investor

Greater Toronto Area

11316424_1917

AUTOMOTIVE RELATED

***Lifetime Opportunty*** Profitable Trucking Business, With Automotive Garage & Loyal Customer Base for Sale, With Rare 1.25 Acre Land! $1,880,000. ID#CE4987 MEDICAL/ WORSHIP/ RETAIL / INDUSTRIAL

SOL

24 HRS

11294169_1917

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#CE1102

Take Advantage of our Most Diverse Team

SELLING REAL ESTATE FOR OVER 28 YEARS

Platinum Award Winner

Bill Morrison SALES REPRESENTATIVE

Direct:

905-619-9500

Heritage Realty Inc., Brokerage Independently Owned and Operated

Email:

morrisonb@sutton.com

COURTICE

TORONTO

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

$2,200,000

1917_DJW_3_0048

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

$6,000,000

OSHAWA Greater Toronto Area

$7,200,000

1917_DJW_2_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

$1,450,000

1917_DJW_3_0049

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

ASKING

$4,800,000

WEST TORONTO

$3,465,000

1917_DJW_2_0046

WHITBY

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

1917_DJW_2_0044

BOWMANVILLE

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

1917_DJW_2_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

10527900_1917

Toronto line: 416 798 7278

1917_DJW_2_0055

Car lot. Centrally located in downtown Whitby. Fenced in storage area. Tenant has 3 years left on lease. $72,000 gross plus utilities. Great price and investment. ASKING

$935,000

1917_DJW_1_0051

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

Gurdeep Sandhu

6850 Millcreek Drive Mississauga, ON L5N 4J9 8629802_1917

Commercial Real Estate & Business Opportunities

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 $69,000

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.

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, businesses and schools. Very bright and spacious store with lots of opportunities to add on. 1917_DJW_3_0022

1917_DJW_4_0021

CONVENIENCE STORE SALE OF BUSINESS BRAMPTON MALL 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

1917_DJW_2_0020

ESSO GAS STATION FOR SALE WITH PROPERTY

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 clients. Be your own boss. Run business. Live or rent house for extra income. 1917_DJW_4_0023

ESSO GAS STATION FOR SALE WITH RENTAL INCOME

LD AL O S ION T I ND

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/water dispenser machine/Country Style coffee & donuts/ATM machine and much more.

1917_DJW_3_0025

Please say you saw it in The Commercial Investor

Greater Toronto Area

Volume 17 Issue 05

trebreport

GTA REALTORS RELEASE commercial market statistics

oronto Real Estate Board President Larry Cerqua announced that TREB Commercial Network Members reported a combined 348,623 leased square feet of industrial, commercial/ retail and office space through TREB’s MLS® System in April 2017, on a per square foot net basis with pricing disclosed. This result was up by 15.1 per cent compared to 302,971 square feet reported leased in April 2016.

Year-over-year changes in average lease rates varied based on market segment. The average industrial lease rate was $6.83, up from $5.40 in April 2016. The average commercial retail lease rate was down by 6.7 per cent annually to $19.63. The average office lease rate was up by six per cent to $13.88. As is often the case, changes in average lease rates were due to both market conditions and a year-over-year shift in the mix of properties leased. The compositional shift was most evident in the industrial segment. “It is certainly a positive that the amount of space leased in April was up on a year-over-year basis, and for all three major market segments. Results from an economic perspective remain mixed. The latest GDP figures suggest that important sectors surrounding goods production dipped slightly. It will be important to follow these sectors’ trajectories moving forward, as they are important relative to the demand for industrial space,” said TREB President Larry Cerqua. There was a total of 69 industrial, commercial/retail and office sales reported through TREB’s MLS System in April 2017, for properties with pricing disclosed. This result was up 23.2 per cent compared to April 2016. The average selling prices were up substantially for all market segments because of a marked shift in the location and type of properties sold this year compared to last.

The average industrial lease rate was up by 26.3 per cent year-over-year to $6.83/sq.ft. APRIL 2017: ALL COMMERCIAL LEASE TRANSACTIONS: Per square foot net commercial leasing summary Lease transactions completed on a per square foot net basis with pricing disclosed on Toronto MLS

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

April 2016

% Change

Industrial

222,502

210,800

5.6%

Commercial

72,486

40,900

77.2%

Office

53,635

51,271

4.6%

Total

348,623

302,971

15.1%

April 2017

April 2016

% Change

Industrial

$6.83

$5.40

26.3%

Commercial

$19.63

$21.04

-6.7%

Office

$13.88

$13.09

6.0%

Avg. lease rate

APRIL 2017: ALL COMMERCIAL SALE TRANSACTIONS: Commercial sales completed with pricing disclosed on Toronto MLS Sales (Price disclosed) April 2017

April 2016

% Change

Industrial

-12.5%

Commercial

58.3%

Office

6.3%

Total

23.2%

April 2017

April 2016

% Change

Industrial

$190.62

$91.00

109.5%

Commercial

$395.39

$270.70

46.1%

Office

$540.46

$257.34

110.0%

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

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

CENTRAL ONTARIO

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

Orillia Owen Sound Sudbury Walkerton 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 10

2015-03-19 3:47 PM

3:47 PM

Volume 17 Issue 05

Commercial Real Estate & Business Opportunities 8313781_1917

Bill Byers Sales Representative bill-byers@coldwellbanker.ca

TEMISKAMING REALTY LTD.,

DUPLEX Fully rented 3+1 bedroom apartments. Separate meters. Lots of parking. Convenient Cobalt location on bus route. Asking $84,900. MLS TM162973

1917_DJW_1_0022

1917_DJW_1_0039

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

1917_DJW_1_0040

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

1917_DJW_6613

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

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

1917_DJW_1_0033

New Liskeard, Northern Ontario

1917_DJW_1_0021

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

BROKERAGE

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

New research shows that Green buildings contribute to a more productive workforce

ew ground-breaking research reveals that green buildings do more than reduce energy and increase real-estate value, they also have positive impacts on the employees working in them. The findings are the result of collaboration between the National Research Council of Canada (NRC) and the Royal Bank of Canada (RBC).

RBC and the NRC were able to determine the human resources benefits of building Green by analyzing anonymous data on more than 40,000 RBC employees against information on more than 70 RBC office buildings. The results show that overall, Green buildings have statistically higher employee job satisfaction, higher employee engagement and organizational commitment, and higher management-assessed performance. “Organizations inhabiting or owning buildings that are looking

to meet green certification standards, such as LEED (Leadership in Energy and Environmental Design), usually use the environmental impact and energy cost savings benefits to make the case for certification,” said Richard Tremblay, general manager of the NRC’s Construction portfolio.“Now, the NRC and RBC have developed objective methods to support the case that Green buildings enhance job satisfaction and enhance indicators related to productivity as well.” This project is one of many ways the NRC is working towards a cleaner, Greener future for Canadians through innovation. The NRC was uniquely placed for this collaboration not only because of its technical knowledge of high performance buildings, but also because it provided impartial analysis of more than 120 million records from RBC. “We are delighted to have partnered with the NRC on this ground-breaking study,” said Robert Carlyle, RBC’s senior director of strategic workforce management.“We look forward to uncovering new insights with the NRC to assist in developing physical spaces that help keep employees engaged.” For more information visit rbc.com.

Please say you saw it in The Commercial Investor

Central Ontario

inthenews

advice

GTA new condo prices spike as unsold inventory plummets By Ben Myers

few months ago I predicted that new condominium apartment prices in the GTA were about to take off. I made that forecast because movements in the resale condo market tend to occur before the newhome market. Investors (who tend to buy pre-construction units) take their cue from end-users (who tend to buy more resale units) and late last year resale condo prices started to take off, with average values rising by nearly 17 per cent by the end of the year. Resale condo prices are now up 33 per cent annually.

View of condo buildings on Lake Shore Boulevard in Toronto

The February data released by Altus Group showed that the average new condominium price jumped by $15,000 in one month, or 3.1 per cent. The average unit offered by a developer is priced at just over $523,000, an increase of 15.2 per cent year-over-year. New condo sales were up 79 per cent annually in February, and unsold supply has plummeted over the past year, falling 47 per cent from approximately 19,500 units to just 10,300. Long-term investors are betting on future increases in the condominium rental market in the GTA, believing it will go the way of New York or San Francisco. I sat on a panel discussion with developer Brad Lamb of Lamb Development Corp. and architect Peter Clewes of Architects Alliance at the April Fortress Real Developments professional development day, and we discussed the future of the highrise market in Toronto. Peter mentioned the fundamental shift away from ground-oriented housing to high-density living, especially skyscrapers in Toronto. He felt that families will soon take up residence in condo towers like they do in New York, because of both affordability and lifestyle reasons. Brad expects the share of young professionals that are renting in the GTA to increase drastically, similar to places like London and New York, as it becomes more difficult for prospective buyers to save for a down payment. The new mortgage insurance rules just made it more difficult for first-time buyers to get into the housing market. On the panel I discussed some data I pulled from NUMBEO that showed the average one-bedroom unit in a â€œcity centreâ€?

location in Toronto rents for $1,604 per month. The same unit goes for $3,866 a month in New York. So, despite the fact that the average New Yorker makes 70 per cent more than the average Torontonian after tax, they pay 175 per cent more for the same rental unit. You want a one-bedroom unit in San Francisco? That will cost to $4,419 per month. Donâ€™t be surprised if new condo prices continue to rise dramatically in 2017. Looking for other GTA house price forecasts for 2017? Download the Spring 2017 Market Manuscript report by going to the news section at fortressrealdevelopments.com. Fortress Real Developments partners with builders across Canada, and Ben assists in evaluating the market and projects that Fortress engages in. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/news or follow him on Twitter at @benmyers29.

New

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION COVERING: Lindsay Peterborough Port Hope Bowmanville

EASTERN ONTARIO

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 11

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inthenews

Above average transaction volumes, persistent demand and foreign capital driving Canada’s commercial investment property market Current phase of the real estate cycle considered durable

bove average transaction volumes, persistent demand and foreign capital are all driving Canada’s commercial investment property market, according to a new report issued by Morguard Corporation (“Morguard”) (TSX: MRC). The abundance of capital available for investment, in combination with the overall attractiveness of the market, is resulting in multiple-bid scenarios and higher prices. Consequently, there is downward pressure on yields, particularly regarding Canada’s premium assets. Modest price increases are expected to persevere for the near-term. While the Canadian market may appear small on the international stage, it is garnering significant attention from international investors. Investment volume hit a record high in 2016 and foreign capital continues to support above-average transaction volumes and prices. There are risks to the market which include the new U.S. administration’s protectionist threat, possible interest rate hikes, a potential prolonged commodities slump and the knockon effects of a breakup of the European Union. Despite these, in Canada, demand for commercial real estate continues to outstrip the supply.

The national inflation rate was unchanged for the quarter and our continued confidence in the U.S. economy lead us to believe that current market conditions for commercial real estate will remain supportive for the foreseeable future. In this environment, investors will look to enter into forward purchases, and pursue creative development and redevelopment opportunities.” Morguard has a strong track record for providing creative real estate solutions that drive performance. A successful example of this is Heritage Place in Ottawa’s downtown core, located at 155 Queen Street. Morguard created value with a revitalization and remerchandising strategy at the 218,000 square foot Class A Office tower, including a negotiation with the City to secure a LRT station as part of the new Confederation Line. The station, to be called Parliament Station, is scheduled for completion in 2018 and will have an entrance into the main lobby of Heritage Place. Connection to transit is an important key market differentiator for tenants. Investors continued to favour Canada’s office sector with growing interest in unique, creative and value add properties including connection to transit. The First Quarter Update of the 2017 Economic Outlook and Market Fundamentals Research Report, released today by Morguard Corporation, provides a detailed analysis of the 2017 real estate investment trends to watch in Canada. The full report is available at www.morguard.com. For more information, please visit www.morguard.com FORWARD LOOKING STATEMENT DISCLAIMER

“The outlook for the industrial sector remains bright, as low vacancy rates indicate longer-term price support and we expect to see modest but healthy price appreciation in the office leasing sector,” said Keith Reading, director of research at Morguard. The Canadian industrial sector absorbed 7.3 million square feet of space in the first quarter of 2017, on the heels of a strong 19.4 million square feet in 2016. In regard to office leasing, vacancy edged down 10 basis points to 13.1 per cent for all classes of space in Canada’s major urban centres during the first quarter. Leading the way was Montreal, with Vancouver and Toronto also posting healthy progress. “We see the current phase of the commercial real estate as durable,” added Reading.“Canada’s federal budget contained few surprises.

Statements contained herein that are not based on historical or current fact, including without limitation statements containing the words “anticipates,”“believes,”“may,”“continue,”“estimate,”“expects” and “will” and words of similar expression, constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. Such factors include, among others, the following: general economic and business conditions, both nationally and regionally; changes in business strategy; financing risk; existing governmental regulations and changes in, or the failure to comply with, governmental regulations; liability and other claims asserted; and other factors. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. The Publisher does not assume the obligation to update or revise any forward-looking statements.

Volume 17 Issue 05

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 GREENHOUSE/GARDEN CENTRE OPPORTUNITY

DUNNVILLE - OPPORTUNITY TO BUY A PRODUCTIVE - 130 ACRE FARM

D L O

1800 sq. ft. home. 11,000 sq. ft. heated packing barn. 3 acres under glass. Hot water heating. 500,000 litre rainwater storage. 150 KW Auto generator. Easy access to Highway. Call Jack for more information. 1917_DJW_0041 1917_DJW_0042

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. 1917_DJW_2_0025

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. 1917_DJW_2_0038

11279879_1917

1917_DJW_1_0037

www.coldwellbanker.com inthenews

into Capital Management Inc. (“Minto Capital”) has announced an exciting new partnership with Investors Real Property Fund (“Investors Group”) in the ownership of Minto Place, its downtown Ottawa office complex. The transaction includes three office towers comprising 945,030 sq. ft. of leasable retail and office space and 1,055 parking stalls.

institutional investment management, providing us with greater opportunities to re-invest and grow.” Minto will maintain a 50 per cent ownership of Minto Place with Investors Group owning the other 50 per cent. As always, tenants of the building will continue to benefit from services and amenities as Minto will continue to oversee property management and leasing for the complex. The transaction does not include 185 Lyon Street, the multiresidential tower which shares the same city block. Investors Group is a part of IGM Financial, which manages over $147 billion in assets and is a subsidiary of Power Financial Corporation group, one of Canada’s largest and most respected companies. Minto Capital Management Inc. (“Minto Capital”) is the investment management division of The Minto Group, a fully integrated real estate enterprise established in 1955 with expertise in asset management, property management, development and construction.

“I’m extremely proud of this accomplishment. It is a big step forward in delivering on our business plan and fueling our growth.” said Rob Pike, President of Minto Properties, the investment management (referred to as Minto Capital) and property management division of The Minto Group. “This partnership is a significant proof point of our shift to Please say you saw it in The Commercial Investor

Eastern Ontario

Minto Capital partners with Investors Group on Minto Place Complex

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

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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 1117 & 1119 CONCESSION RD. FORT ERIE 1917_DJW_0006

1244 CHIPPAWA CREEK ROAD, THOROLD

1917_DJW_0005

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

+/-769 acres at corner of Concession Road and Walden Boulevard w/ +/-357 acres development land. 3,500 sq. ft. building zoned C3 Highway Commercial. Easy access to U.S. border/QEW Hwy. OFFERED AT $899,000 Contact Mike Halliday, Sales Representative mike.halliday@colliers.com

20 GROTE STREET, ST. CATHARINES

43 CHURCH STREET, ST. CATHARINES

65 MAIN STREET, PORT COLBORNE

Renovated and improved in 2008, 'A' class office building located near Fairview Mall in north end St. Catharines, located on over 1/2 acre. Building is approximately +/-8,000 sq. ft. Parking for +/-41vehicles. Adjacent to City owned free parking lot. Taxes to be verified. OFFERED AT $1,495,000 Contact Taylor WIlson, Broker taylor.wilson@colliers.com

Investment opportunity - 7 storey professional office building in the downtown core. Located on a high profile corner across from City Hall and 1 min. walk to the Court House. Part basement with 31 parking stalls. 4 outside surface parking spaces. Very close proximity to all amenities. Quick and easy access to either the Q.E.W. to the north or Hwy 406 to the South. Income and expense provided upon execution of Confidentiality Agreement. OFFERED AT $6,995,000 Contact Todd Crawford, Broker todd.crawford@colliers.com

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 $89,900 Contact Bryan Saelens, Sales Representative bryan.saelens@colliers.com

BROKERAGE APPRAISALS MANAGEMENT

+/-1,756 sq. ft. restaurant, situated on the north side of Main Street West of King Street. Front dining for +/-20 guests. Bar and main dining room seats 105 guests. +/-1,376 sq. ft. upper level residential 3 bedroom apartment. Basement laundry and storage. OFFERED AT $265,000 Contact Mike Halliday, Sales Representative mike.halliday@colliers.com

69 PELHAM RD.

4189 STANLEY AVE. NIAGARA FALLS 1917_DJW_0001

1917_DJW_1_0006

333 ONTARIO ST, UNIT B3 ST. CATHARINES

COMMERCIAL BUILDING & VACANT LAND

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1917_DJW_0003

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Prime retail unit in the hub of the Niagara Falls tourist district. Very high traffic location at the intersection of Drummond Rd and Lundy's Lane. Directly across from Stamford Collegiate High School. Unit surrounded by national tenants Subway, and Little Caesars Pizza. Contact listing agent for more details. LEASE PRICE $17.00 SQ. FT. $8.45 NET Contact David Fulton, Sales Representative david.fulton@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

Turnkey licensed LCBO Restaurant & building/land. Seating +/-149 people at +/-4360 sq. ft. & +/-60+ seats (outdoor patio) of +/-1250 sq. ft., located at the front of the building with wrought iron and brick exterior and a poured concrete floor. Price includes assessment roll #272504000403700/, #272504000403800 & #272504000412500 including parking and additional land, possible development site. OFFERED AT $1,250,000 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_1917

Niagara Peninsula

1917_DJW_0004

5846 DRUMMOND RD., UNIT 3

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Volume 17 Issue 05

inthenews

Cadillac Fairview is First in North America to Achieve WELL Core & Shell Certification Toronto-Dominion Centre’s 222 Bay Street is recognized as a global leader in healthy office buildings

adillac Fairview’s TorontoDominion Centre’s 222 Bay St. tower is the first existing building in North America to achieve a Gold level certification under the stringent WELL Building Standard (WELL). Grounded in medical research and administered by the International WELL Building Institute (IWBI), WELL is the first standard to integrate human health and wellness in the design, construction, maintenance and operations of buildings. Features of the standard are structured under Seven Concepts – Air, Water, Nourishment, Light, Fitness, Comfort and Mind. “Buildings are living and breathing human environments that have a material impact on the mind, body and spirit of people who live and work in them,” said David Hoffman, general manager, Toronto-Dominion Centre. “Through smart investments in building design and operations that enhance human health and wellness, TD Centre is delivering significant new value for our tenants, supporting the productivity and competitiveness of their businesses.” Occupants at the property benefit from design and operational elements delivering enhanced air quality, pollutant reduction, water quality testing and thermal comfort, as well as on-site amenities that support physical fitness and accessibility. Benefits of a WELL building A growing body of research demonstrates the business case for office buildings that support the health and well-being of their occupants. For example, buildings with improved air quality and ventilation not only mitigate the health risks of exposure to CO2, VOCs and other indoor air pollutants, but studies suggest they can also improve employee productivity by up to 11 per cent, according to the World Green Building Council. Meanwhile, buildings

Volume 17 Issue 05

Commercial Real Estate & Business Opportunities

1117_DJW_0003

FOR SALE

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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

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

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

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

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.

Please say you saw it in The Commercial Investor

Niagara Peninsula

905-935-6838

11246794_1517

Greg Howe Sales Representative

that promote the physical fitness of their occupants can help reduce absenteeism, with the Public Health Agency of Canada finding that physically active employees take 27 per cent fewer sick days. “With staff wages and benefits typically accounting for 90 percent of a business’ operating costs, any improvement in employee health and productivity can have a profound effect on the bottom line,” explained Sal Iacono, executive vice president, Operations, Cadillac Fairview.“We’re tremendously proud of TD Centre’s WELL Certification, which reflects Cadillac Fairview’s ongoing commitment to help advance the commercial success of our clients in new and meaningful ways. This recognition also further demonstrates our commitment to sustainability and corporate responsibility, which is a driving force within the Company that guides business decisions.” Certification highlights Pursuit of Gold-level WELL certification required meeting the standard’s 30 Preconditions and additional Optimization Features. Some of the key design, operational and programming elements that contributed to the certification include: • Building HVAC systems and operational protocols that enhance air quality delivered to tenant spaces, including high grade air filtration, HVAC maintenance protocols, ongoing commissioning of building systems that impact air quality, and controls around the introduction of indoor air pollutants from building materials. • Promotion of stairwell use and upgrades like painting, lighting and installation of motivational nature scenes to provide pleasant vertical paths of travel for occupants. Occupants are also able to join classes that provide exercise techniques for getting the most out of stairwell usage. • Supporting occupants in healthy food choices during the work week through lunch n’ learns, expert assessment of healthy meal options at TD Centre, and a series of nutritional communications installed in lobbies, posted in elevators and shared with tenants for distribution to their employees. “Today’s top employers understand how real estate can impact the performance of their employees,” said Barbara Ciesla, senior vice-president at Jones Lang LaSalle, who consulted on the project.“TD Centre’s achievement of WELL Certification lays a strong foundation for tenants looking to pursue further strategies of health and wellness in their workplaces.” “The achievement of WELL Certification provides the opportunity for the 222 Bay Street tower to stand at the

“TD Centre’s achievement of WELL Certification lays a strong foundation for tenants looking to pursue further strategies of health and wellness in their workplaces.” forefront of innovation in the sustainable and healthy building movement and supports TD in helping us to continue to provide a healthy workplace for our employees,” said Gerry Guidice, head of Enterprise Real Estate at TD Bank. This unique accomplishment is yet another industry first that builds upon TD Centre’s track-record of bold leadership and relentless innovation. Since introducing the modern workplace to Canada, TD Centre has continuously raised the bar for building design and operations, from its pioneering Occupant Engagement Program to earning Canada’s first and only multi-building LEED Platinum certification for environmental performance. “This is an extraordinary milestone for WELL,” said IWBI Chairman and CEO Rick Fedrizzi.“It is an exceptional demonstration of leadership by Cadillac Fairview, who has shown the world how existing buildings can put people and their health and well-being at the center of their design decisions. We celebrate this achievement and applaud the expertise of the project team to bring the concept of wellness to the enormous existing building market.” Toronto-Dominion Centre is one of North America’s largest business communities and home to 21,000 office employees. The TD Centre consists of six buildings: 66 Wellington Street West, 77 King Street West, 100 Wellington Street West, 79 Wellington Street West, 222 Bay Street and 95 Wellington Street West. tdcentre.com Cadillac Fairview is one of the largest owners, operators and developers of best-in-class office, retail and mixed-use properties in North America. cadillacfairview.com The International WELL Building Institute (IWBI) is a public benefit corporation whose mission is to improve human health and wellness through the built environment. IWBI administers the WELL Building Standard (WELL) – a performance-based system for measuring, certifying, and monitoring features of buildings that impact the health and wellness of the people who live, work, and learn in them. It also credentials the growing number of professionals who seek WELL accreditation. wellcertified.com

Volume 17 Issue 05

Commercial Real Estate & Business Opportunities

8494906_1917

Broker

rick@homesniagara.com

CLOTHING EXCHANGE

905-688-4561 cell: 905-347-0173 TAKE OUT PIZZA

11316384_1917

PIZZA STARTER

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1917_DJW_0028

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Tremendous opportunity for the person with a flair for fashion and a keen sense of values. Exchange and/or sale of current, name brand high end labels and accessories at a fraction of the original ticket price. Located in St. Catharines.

Well known and established Pizza Take Out business in busy north end St. Catharines plaza. Full turn key operation owner is retiring after 12+ years. Perfect for family run business.

Start small and grow. This pizza business has room to be a take out and/ or eat in operation. It is located in north end St. Catharines near a high school and established residential. Currently a 1 man operation. Owner will train.

$195,000

$149,500

$89,900

Please say you saw it in The Commercial Investor

Niagara Peninsula

Rick Hawes

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 05

Commercial Real Estate & Business Opportunities

Your Real Estate & Mortgage Investment Specialists 1.888.330.3866

info@profunds.ca

www.profunds.ca

Is Shopping For The Best Rate In Your Best Interest?

I will say to you 100% no! This is, in most cases, very damaging to an individual’s credit. MORE damaging than one might imagine! I have seen many personal profiles and credit bureau reports and I have seen credit scores drop 10-20 points from just inquiries (that is per inquiry). If you go to 3 brokers and 3 banks you could potentially see your score drop from 750 to 630. This could undermine your effort of getting a mortgage from a type “A” lender, as the typical minimum score is in the range of 650-680. It also looks very suspicious to a lender when they see multiple banks, lenders & brokers names listed on your credit report. When a lender or a broker pulls a credit bureau report, the company name is listed under Inquiries on your credit report. Banks have to question if there is a potential issue as so many different institutions are pulling your credit. Are you seeking a lot of credit at once? Are these other institutions declining you? Is there a potential risk or concern? This

Credit scores for real estate investors are really critical for a successful venture. Whether you are pursuing residential or commercial real estate, this is one factor that must be in line when pursuing credit (there are other options when one has a lower score, however, rates will be affected and therefore your cash-flow as well).

9649286_1917

Business Investor

For the real estate investor or anyone looking for the best rate on a mortgage, is it really that important to save 0.15% or less on your rate? For example, based on a $100,000 mortgage and a 25 year amortization, on one hand a Broker or Bank A is advertising 2.99% for a 5 year term and on the other hand Broker or Bank B is offering 3.14%. Although this appears significantly different, the actual monthly difference is only $7.72 and over a 5 year term it is only $463.20. Is it worth the time of shopping several Banks or Brokers, running around and having your credit report being pulled again and again for the small difference in the grand scheme of things? The industry can offer different rates from Broker to Institution, however, it is all within a very minor difference. You will not find any mortgage professional that will offer more than a half a percent difference in the business. If you do, then something is not right and perhaps you should read the fine print.

Commercial Real Estate & Business Opportunities

Volume 17 Issue 05

Your Real Estate & Mortgage Investment Specialists 1.888.330.3866

info@profunds.ca

www.profunds.ca

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

Carmen Campagnaro President Pro Funds Mortgages

Business Investor

11289457_1917

Mazhar Roshan Sales Representative

HomeLife Professionals Realty Inc.

Direct GTA Direct Office

mazharroshan@sympatico.ca

BROKERAGE

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

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

SALVAGE & WRECKING YARD - $899,000 ALSO AVAILABLE FOR LEASE

VACANT LAND $3,500,000

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.

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. 1917_DJW_2_0041

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

1917_DJW_1_0043

8148414_1917

905.929.9800 647.609.9463 905.574.6400

1917_DJW_4_0006

FOR LEASE $22.00 PSF

PRIME CORNER LOCATION IN RAPIDLY GROWING AREA OF STONEY CREEK

I HAVE BUYERS FOR YOUR COMMERCIAL PROPERTY CALL ME

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. 1917_DJW_2_0040

TO GET IT SOLD!

HAMILTON

FOR LEASE - $20.00 PER SQUARE FOOT

1917_DJW_1_0050

DOLLAR STORE - $79,900

R DE CT N U A TR N CO

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

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

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.

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$1,299,900

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

BURLINGTON FOR LEASE $20.00 PER SQUARE FOOT

$149,900

D L SO

R DE CT N U A TR N CO 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.

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.

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Investor Insight

INVESTMENT PROPERTIES: What renters want, versus what really pays off By Lydia McNutt

upply and demand, economic conditions and population growth will all impact your investment condo’s rental potential. Unfortunately, these factors are not within your control. What you can control, when it comes to the housing market, is whether you buy here and now, or wait for more suitable conditions.

Purchasing your investment condo at the right time and in the right place, then selling when values hit a high point, is just part of the story. Between the “buy” and the “sell,” there’s money to be made. While you let time work its magic and watch your property appreciate in value (as it historically has done) you can rent your condo and earn while you wait. It sounds easy enough – if you can give renters what they want. YP NextHome conducted The Great Canadian Real Estate Survey to find out what people are looking for in a new condo. Then we asked some condo experts and investors where these “most rentable” items fall on their scale of importance. As it turns out, what’s good for the goose is good for the gander – most of the time. 12G COM

Location trumps all else

EXPERTS AGREE: Transit-oriented locations lead straight to the bank. Location, location, location has always been the mantra of great real estate, and now is no different, whether you’re a condo renter, owner or investor. The condo experts agree: this is one “rentable” factor that definitely pays off. “The golden rule for investors is to select a condo close to public

The Great Canadian Real Estate Survey says... Rentability factor: #1 Location That’s right folks, 57 per cent of respondents said location tops their list of importance, with 42 per cent preferring a downtown location, and 36 per cent wanting proximity to transit.

Profit factor: Condo investors and experts agree: location trumps all else when it comes to both rentability and resale value alike. Double win!

transit,” says condo pro Barbara Lawlor, president and CEO of Baker Real Estate. In addition to freedom from traffic jams, Lawlor says being car-free is a double win in this pricey housing market.“With Toronto housing prices the way they are today, many buyers and renters do not own cars, which helps with home affordability.” It’s the same story in Vancouver – which happens to be Canada’s priciest housing market. Opting for public transit over vehicle ownership leaves more money in the bank for a down payment on a home. But money aside, the appeal is very much about the lifestyle. “We are seeing a trend toward transit-oriented communities for accessibility and convenience, such as Cambie Corridor, Burquitlam, Brentwood and Metrotown,” says Cameron McNeill, co-president of MLA Canada, a leader in residential real estate services with the largest in-house analytics and advisory group in Western Canada.“There has been a shift to one-car families or individuals preferring not to own a vehicle, and these groups want to be within proximity to both transit and car-share programs.”

Size matters

Whoever said size doesn’t matter, was wrong. Yes, small suites are more affordable up-front, but think beyond that initial cost and consider a long-term investment in livability.

EXPERTS AGREE: Bigger is better – and more easily rentable. Why? Compact suites are a red flag to renters, who equate their small size with lifestyle compromises. “Size is important,” says Cole Romaniuk, a condo investor, real estate broker and condo property manager at Calgary-based Karen King & Associates Inc.“I find that two-bedrooms rent significantly faster than one-bedrooms. It’s a

Here’s what rented across Canada, and for how much:

VANCOUVER Vacancy rate 0.7% Bachelor: –– 1-bedroom: $1,353 2-bedroom: $1,822 3-bedroom+: $2,495

EDMONTON Vacancy rate 7.1% Bachelor: $797 1-bedroom: $1,127 2-bedroom: $1,377 3-bedroom+: $1,465

TORONTO Vacancy rate 1.3% Bachelor: $1,428 1-bedroom: $1,646 2-bedroom: $2,022 3-bedroom+: $2,487

MONTREAL Vacancy rate 3.5% – Bachelor: $1,121 1-bedroom: $944 2-bedroom: $1,158 3-bedroom+: $1,366

CALGARY Vacancy rate 7.0% Bachelor: –– 1-bedroom: $1,320 2-bedroom: $1.564 3-bedroom+: $1,757

(Source: Canada Mortgage and Housing Corp. Rental Market report, Nov. 2016.)

The Great Canadian Real Estate Survey says... Rentability factor: #2 Suite size Twenty-four per cent of respondents said size matters in the case of condos, with 38 per cent seeking a two-bedroom suite, 30 per cent preferring a one-bedroom-plus-den plan, and 20 per cent opting for a three-bedroom unit.

Profit factor: Renters and investors are on the same page here. Investors confirm, the greatest demand – and rental value – is for two-bedroom suites in the 600- to 700-sq.-ft. range. Why? Room for family, friends and added functionality of the unit. 13G COM

Some stiff competition: critical threshold of livability – that 700-sq.-ft. sweet spot where a lot of condo investors sit. As soon as you go below that threshold, renters see it as having to make sacrifices on their lifestyle.” A demographic shift in the renter is increasing demand for larger suites. It’s not just the young and the restless who are looking to rent. Families are opting to rent in Canada’s hottest markets, in direct response to unaffordable housing prices. Renting is also gaining popularity as a lifestyle choice among the more-mature market segment.“The willingness of downsizers to rent has been an interesting development,” says Shaun Hildebrand, senior vice-president of Toronto condo market research firm Urbanation. “Demographic trends suggest this will be a key area of growth going forward.”

“The rst thing investors should look out for, is the potential for supply competition,” says Hildebrand. “Investors should always be cognizant of the concentration of rentals in the area or building they are considering. If a location has a high degree of rental turnover, the constant presence of available supply will weigh on rent levels and growth rates. As well, if a building is heavily rented, it tends to experience more wear and tear, and is generally not as attractive to end-users, limiting its potential for price appreciation.” Hildebrand says future condo supply is also something to be mindful of when looking for a pro table investment condo. In Toronto, he says “there are still a lot of condos under construction that will be nishing up in the next few years, many of which have been heavily investor purchased as pre-sales. That’s not to say this will cause an oversupply, but it could limit returns for certain areas.”

Amenities? Thanks... but no thanks EXPERTS AGREE: This one’s a dud. You might think a condo with a swimming pool or lounge might appeal to renters, but walk into one and, in most cases, you’ll rarely find it in use. According to our experts, amenities like this don’t appeal to investors either. Building amenities don’t yield much of a return in rental income, according to popular expert opinion – especially a pool. “In this day and age, it’s not a desired amenity,” says Romaniuk. “New condo builders aren’t including pools, and a lot of the buildings that do have them are aging, which can be a significant cash crunch for investors when it comes to condo fees. “The average cost to operate a pool year-round is between $30,000 and

14G COM

The Great Canadian Real Estate Survey says... Rentability factor: #3 Amenities When it comes to the little “extras,” parking tops the list of importance, with 43 per cent of survey respondents naming it as the most important amenity, followed by adjacent retail/commercial space, at 28 per cent, and a fitness centre at 19 per cent.

Profit factor: Condo investment experts agree: amenities don’t matter – given that parking isn’t technically a condo amenity. In fact, pools, hot tubs and saunas are underused, costly to maintain, and a significant cash crunch for condo investors.

$50,000. When you think about that on a price-per-unit basis, it’s a lot of money just to maintain a pool that doesn’t get used very well.” Romaniuk admits he steers investors clear of pools. ”The investor won’t get a return, but it’s something they pay for in their condo fees.” So now that we’ve established what costs, let’s find out what amenities actually pay off. According to The Great Canadian Real Estate Survey, the most desirable amenity among end-users, isn’t technically an “amenity.” It’s a parking spot.

Hit the brakes... huh? “Parking will absolutely increase the rent, especially downtown in a major city,” Romaniuk confirms.“Two parking stalls is an automatic rent booster,” he says, setting your unit apart from your two-bedroom competitors with only single-vehicle parking to offer. The survey named the second most-popular amenity as “adjacent retail.”

Rentus MAXIMU$: 6 ways to boost your condo’s rental potential and price

1. PETS: The cheapest rent-booster of them all, this one’s a nobrainer, and Romaniuk’s favourite. We love our furry friends, and renters with pets will pay a premium to bring them along. Romaniuk has seen this perk earn as much as $50 extra per pet per month, in a hot market. Just make sure the condo board allows pets in the building.

2. WINDOW COVERINGS: This overlooked and underestimated “extra” is a big selling point. Privacy is vital, especially in dense downtown areas, and a renter may not be willing to invest in custom window coverings on windows they don’t actually own – particularly with the fully glazed condos that are trending these days.

$$$

3. TECHNOLOGY: Home automation is a wonderful thing. Automated thermostats, lighting, surveillance and locks, and entertainment hubs are just plain cool. If you’re facing some stiff competition, tech lovers will be eating out of your hand.

4. IN-SUITE LAUNDRY: The convenience of being able to do the wash in the comfort of home, without lugging laundry and a pocketful of change – priceless.

5. PARKING: If you have the option of purchasing an extra parking spot, and you can afford to, do it. What does it actually cost? Markets vary, but Lawlor says in downtown Toronto, it could be upwards of $60,000.

6. LOCATION: This is the most expensive rent-booster, and with good reason. According to Cutting Edge Research Inc., a Vancouverbased real estate consultancy, properties located within 500 metres of stations on transit line can yield returns that are 10 to 20 per cent higher.

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COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_1917

Bill Bradley

Sales Representative

416.258.6866

Independently Owned & Operated

exitwithbill@gmail.com

Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866

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

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PARADISE IN GRENADA

5 star hotel with 7 suites plus a restaurant bar on the beach. Hotel booked full. Buyer could build on to the hotel with an OK.

ASKING $2,900,000

RETIREMENT HOME

$14,900,000

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49 ACRES OF COMMERCIAL LAND For sale in Milton. At South west corner of Britannia Rd. and Tremene Rd. The property on the north west side has been okayed for a University to be built. This is a valuable piece of property. Call Bill Bradley.

Call Bill Bradley for Strip Plazas $1,000,000 to $15,000,000.

Buyers Only 16G COM

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2129 GORDON ST. GUELPH ON. Retirement home plus Day Care Centre situated on south side of the city of Guelph. 12 Bed senior bedrooms, 5 apartments, and 34 children in daycare centre. Could increase the senior bed suites by at least 20 or more. The property is 8.6 acres. 125 ft x 1240 ft. approx. Future development land.

$3,800,000 Call Bill Bradley for Retirement Homes and properties that could be changed into Ret. Homes

Buyers Only

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11316357_1917

SPOTLIGHT SECTION HomeLife Bayview Realty Inc., Brokerage

Residential, Commercial and Investments Sales Representative

INVESTMENT

RENOVATORS/INVESTORS

• Over $300,000 leasehold improvements • 10-year lease • New roof • 27,000 sq. ft. area • High exposure in a busy thoroughfare • $1.6M

• Large home ready for renovations • 3-storey, brick, 5-bedrooms • Highly sough-after area in Toronto • Steps to subway and excellent schools • Parking

CAMPGROUNDS FOR SALE

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

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Rita Mollicone, B.A.

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

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• 9 CABINS • TRAILER SITES • 40 BOAT SLIPS

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dave.bratt@century21.ca Cell: 519.532.5375

• DUCK BLINDS • RECORD MUSKIE • RESIDENCE

Dave Bratt

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dave.bratt@century21.ca Woodstock: 871 Dundas St. | 519.539.5646

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

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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

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RESIDENTIAL IN ST THOMAS, ON. SITE RE-DEVELOPMENT RESIDENTIAL RE‐DEVELOPMENT SITE 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

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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.

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• 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

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17G COM

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“WE PRODUCE RESULTS”

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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)

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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 1917_DJW_2_0015

MUST BE SOLD TOGETHER

$638,888

$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.

South 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

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V.T.B. AVAILABLE/LAND AND BUILDING

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64,000 sq. ft. building and enough room with possibility for a second building.Bldg has 44,000 sq. ft. leased areas with the opportunity to lease 20,000 sq. ft. top level for office space. Gross income $256,000. Priced to sell and a must see!! MLS# H3172917 $2,588,000 LAND AND BUILDING

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KING OF THE SCRAP YARDS1917_DJW_3_0003 IN NIAGARA E

$1,488,888 5499 Kalar Rd. Niagara Falls. Turn key business, land, building, inventory, chattels, equipment! Owner retiring. MLS #H3201398

1917_DJW_1_0048 415 #6 HWY S HAGERSVILLE

1917_DJW_4_0001 BUY/HOLD INVESTMENT APPROX. 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

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

UNIT 317 - 1100 SOUTH SERVICE RD., STONEY CREEK 1917_DJW_2_0034 TONY'S PIZZA WINGS & MORE 1917_DJW_0056

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

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

ESTABLISHED FAMILY BUSINESS 18G COM

1634 SHAVER ROAD ANCASTER 1917_DJW_0055 $2,888,888

HOT NEW LISTING 100+ Acres with 3 outbuildings & 2 houses. Houses sold "As Is". Value in the land. Fields are completely tiled. MLS# H3201348

Commercial Team In Canada! *

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+ **

COMMERCIAL

www.PBcommercialteam.com ** Sales Representative + Broker

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DIXIE/HWY 401 RETAIL/PROFESSIONAL CONDO UNITS

0916_DJW_3_0071

MAIN/DANFORTH - MEDICAL CENTRE LEASE SPACE

EAST GARAFRAXA 239 ACRES

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

Build your dream home on aprox 2.6 acres. Nestled amongst multi-million dollar homes, on a preferred pie-shaped lot in sought-after estate enclave just mihutes from Hwy 404! $1,800,000. Call George 416-554-7653.

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OPPORTUNITY

MUSSELMAN'S LAKE

ER T D UN RAC NT O C

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: 416-606-7882. 1917_DJW_3_0036

Rare opportunity to purchase prime waterfront property just minutes to Hwy 404! Opportunity to build your own dream home or cottage on just over 3/4 of an acre lot! $949,000. Call George 416-554-7653. 1917_DJW_0035

PLAZAS PLAZAS PLAZAS PRINCIPALS ONLY

STOUFFVILLE 2.6 ACRE ESTATE LOT

ATTENTION INVESTORS! 21%+ ANNUAL RETURNS!

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UXBRIDGE INVESTMENT

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